{ "ticker": { "uuid": "d0b893e6-f5ce-4ef8-8d38-a83cbc20c172", "symbol": "300634", "name": "Richinfo Technology Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.931, "architecture_energy": 48.588, "architecture_maturity": 40.392, "architecture_confidence": 93.038, "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": 11.14, "rotation_up": 21.8, "upward_expansion": 7.0, "deceleration": 55.75, "rotation_down": 55.97, "downward_expansion": 80.33 }, "activity_lines": [ 19.414667, 19.619212, 21.351516, 22.652838 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 20.610001, "trend_reference": 24.639972, "distance_from_trend": -0.163554, "trend_direction": "Weakening", "fair_value": 22.588882, "distance_from_fair_value": -0.087604, "fair_value_direction": "Weakening", "relative_strength": -21.654397, "relative_strength_direction": "Improving", "price_momentum": -0.317324, "excess_performance": -0.324723, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.163554, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065755, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.087604, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.151543, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.216544, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.037546, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.317324, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.966363, "read": "Supply-led" } ], "volume": { "latest": 69123651, "relative_activity": 1.105567, "balance": 0.966363, "dry_up": 0.896287, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.122494, "annualized_volatility": 0.597678, "from_high_reference": -0.435342, "from_low_reference": 0.189267 }, "levels": { "trend_reference": 24.639972, "fair_value_reference": 22.588882, "structural_low": 17.33, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.021073, "positive_rate": 0.411765, "directional_follow_through": 0.588235, "median_excess_return": -0.006937, "regime_survival": 0.705882, "best_return": 0.284128, "worst_return": -0.197452, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.03757, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.033832, "regime_survival": 0.166667, "best_return": 0.197568, "worst_return": -0.219758, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.117542, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.03044, "regime_survival": 0.25, "best_return": 0.205768, "worst_return": -0.192023, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.55216, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.163911, "regime_survival": 0.333333, "best_return": 0.59079, "worst_return": -0.202992, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.537741, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.071233, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-05-16", "tenure": "Developing", "return": -0.079649, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": 0.113761, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": -0.090532, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": -0.051776, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.014558, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.098185, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": 0.037418, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-02-13", "tenure": "Developing", "return": 0.03216, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.198779, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.168568, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": -0.218404, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.067089, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 20.470011, "volume": 153623456, "typical_volume": 123162329.3, "trend": 23.917052, "fair_value": 17.959856, "relative_strength": 4.464166, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -11.168878, "energy": 19.021709, "activity_lines": [ 24.066102, 25.409686, 26.180373, 25.606083 ] }, { "date": "2023-08-04", "close": 22.130802, "volume": 78596218, "typical_volume": 118125122.95, "trend": 24.157227, "fair_value": 17.954978, "relative_strength": 10.410925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.599716, "energy": 38.503553, "activity_lines": [ 23.208516, 24.708561, 25.73542, 25.490842 ] }, { "date": "2023-08-11", "close": 22.042358, "volume": 81297724, "typical_volume": 114517575.15, "trend": 24.352369, "fair_value": 17.933228, "relative_strength": 13.095839, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.115897, "energy": 52.397876, "activity_lines": [ 22.575646, 24.037633, 25.316664, 25.354398 ] }, { "date": "2023-08-18", "close": 21.551001, "volume": 64092211, "typical_volume": 110201596.3, "trend": 24.544834, "fair_value": 17.898372, "relative_strength": 13.050642, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.812627, "energy": 57.556034, "activity_lines": [ 21.916571, 23.376174, 24.89333, 25.173665 ] }, { "date": "2023-08-25", "close": 20.33243, "volume": 61558712, "typical_volume": 106637353.55, "trend": 24.611532, "fair_value": 17.844813, "relative_strength": 9.004755, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.498467, "energy": 58.062284, "activity_lines": [ 21.248323, 22.587142, 24.380369, 24.901897 ] }, { "date": "2023-09-01", "close": 22.93663, "volume": 72085464, "typical_volume": 105295150.55, "trend": 24.718383, "fair_value": 17.814172, "relative_strength": 17.612017, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.210093, "energy": 42.441253, "activity_lines": [ 21.792093, 22.415255, 24.139548, 24.793839 ] }, { "date": "2023-09-08", "close": 22.543545, "volume": 73820627, "typical_volume": 101353713.6, "trend": 24.84965, "fair_value": 17.796755, "relative_strength": 16.277214, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.187281, "energy": 38.414282, "activity_lines": [ 22.040393, 22.286608, 23.870541, 24.653527 ] }, { "date": "2023-09-15", "close": 20.774654, "volume": 74911298, "typical_volume": 95634828.6, "trend": 24.936961, "fair_value": 17.766132, "relative_strength": 7.629956, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.529549, "energy": 38.729343, "activity_lines": [ 21.671547, 21.898167, 23.457287, 24.390624 ] }, { "date": "2023-09-22", "close": 20.214504, "volume": 69238606, "typical_volume": 94238337.55, "trend": 25.021585, "fair_value": 17.728434, "relative_strength": 3.454504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.798214, "energy": 39.301697, "activity_lines": [ 21.200497, 21.468452, 23.019784, 24.085949 ] }, { "date": "2023-09-29", "close": 20.361912, "volume": 49480054, "typical_volume": 87293820.45, "trend": 25.066755, "fair_value": 17.716759, "relative_strength": 3.983038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.126799, "energy": 52.134589, "activity_lines": [ 20.867684, 21.198115, 22.65139, 23.785325 ] }, { "date": "2023-10-13", "close": 21.629618, "volume": 93597045, "typical_volume": 86804338.9, "trend": 25.019118, "fair_value": 17.710224, "relative_strength": 9.829364, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.432839, "energy": 48.295456, "activity_lines": [ 20.955474, 21.251539, 22.435914, 23.563574 ] }, { "date": "2023-10-20", "close": 19.683838, "volume": 96696736, "typical_volume": 85647322.65, "trend": 24.695216, "fair_value": 17.699929, "relative_strength": 4.225294, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.722172, "energy": 54.342872, "activity_lines": [ 20.481804, 20.930102, 22.051578, 23.219363 ] }, { "date": "2023-10-27", "close": 20.558455, "volume": 88450617, "typical_volume": 85082601.35, "trend": 24.350228, "fair_value": 17.694617, "relative_strength": 5.824251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.437009, "energy": 39.548696, "activity_lines": [ 20.490321, 20.812175, 21.774311, 22.952475 ] }, { "date": "2023-11-03", "close": 21.344627, "volume": 104114785, "typical_volume": 85760248.2, "trend": 24.158353, "fair_value": 17.690425, "relative_strength": 8.20807, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.236729, "energy": 34.801619, "activity_lines": [ 20.775308, 20.86417, 21.604862, 22.758565 ] }, { "date": "2023-11-10", "close": 21.82616, "volume": 98678764, "typical_volume": 85881884.8, "trend": 24.039295, "fair_value": 17.684279, "relative_strength": 8.791398, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.127198, "energy": 27.048369, "activity_lines": [ 21.145464, 21.007468, 21.506871, 22.608101 ] }, { "date": "2023-11-17", "close": 24.29278, "volume": 170751713, "typical_volume": 89236888.15, "trend": 24.019749, "fair_value": 17.688841, "relative_strength": 20.133811, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.147988, "energy": 12.394123, "activity_lines": [ 22.240211, 21.572083, 21.674307, 22.624455 ] }, { "date": "2023-11-24", "close": 21.816336, "volume": 95773158, "typical_volume": 88880799.45, "trend": 23.82598, "fair_value": 17.690411, "relative_strength": 8.835476, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.373183, "energy": 14.906806, "activity_lines": [ 22.331933, 21.661779, 21.629477, 22.482299 ] }, { "date": "2023-12-01", "close": 22.111151, "volume": 65289644, "typical_volume": 88804037.2, "trend": 23.666834, "fair_value": 17.68802, "relative_strength": 11.015271, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.606903, "energy": 14.118225, "activity_lines": [ 22.379759, 21.818299, 21.632378, 22.371665 ] }, { "date": "2023-12-08", "close": 22.022705, "volume": 69005973, "typical_volume": 87729351.65, "trend": 23.341618, "fair_value": 17.680956, "relative_strength": 11.737301, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.420965, "energy": 13.03908, "activity_lines": [ 22.29459, 21.934439, 21.636356, 22.265592 ] }, { "date": "2023-12-15", "close": 21.492039, "volume": 57427579, "typical_volume": 85924519.2, "trend": 23.154004, "fair_value": 17.669556, "relative_strength": 10.221939, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.474551, "energy": 10.420017, "activity_lines": [ 21.987328, 21.921217, 21.615906, 22.146265 ] }, { "date": "2023-12-22", "close": 19.81159, "volume": 59356074, "typical_volume": 81211150.1, "trend": 22.978234, "fair_value": 17.642717, "relative_strength": 2.678434, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.033969, "energy": 27.119391, "activity_lines": [ 21.142191, 21.581912, 21.45446, 21.930625 ] }, { "date": "2023-12-29", "close": 20.11623, "volume": 46398044, "typical_volume": 79601241.4, "trend": 22.82624, "fair_value": 17.621004, "relative_strength": 0.206796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.758446, "energy": 38.220763, "activity_lines": [ 20.697346, 21.33105, 21.325162, 21.74598 ] }, { "date": "2024-01-05", "close": 18.917315, "volume": 35706438, "typical_volume": 77321677.1, "trend": 22.540924, "fair_value": 17.60816, "relative_strength": -2.208981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.251158, "energy": 58.179946, "activity_lines": [ 19.966203, 20.854342, 21.091275, 21.493791 ] }, { "date": "2024-01-12", "close": 18.317858, "volume": 42962480, "typical_volume": 76265190.55, "trend": 22.26085, "fair_value": 17.600994, "relative_strength": -4.63164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.626659, "energy": 68.985438, "activity_lines": [ 19.248164, 20.298481, 20.815178, 21.221335 ] }, { "date": "2024-01-19", "close": 17.148426, "volume": 39098256, "typical_volume": 75142167.75, "trend": 21.891348, "fair_value": 17.596414, "relative_strength": -9.026349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.556814, "energy": 77.328765, "activity_lines": [ 18.387304, 19.585029, 20.443103, 20.891501 ] }, { "date": "2024-01-26", "close": 16.824129, "volume": 52506816, "typical_volume": 74163235.35, "trend": 21.477296, "fair_value": 17.589008, "relative_strength": -10.942549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.296459, "energy": 81.099562, "activity_lines": [ 17.707919, 18.897662, 20.055304, 20.564584 ] }, { "date": "2024-02-02", "close": 14.229753, "volume": 54342917, "typical_volume": 73189349.85, "trend": 21.08683, "fair_value": 17.575239, "relative_strength": -18.241459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.256859, "energy": 90.454576, "activity_lines": [ 16.362906, 17.874385, 19.449528, 20.097001 ] }, { "date": "2024-02-09", "close": 16.283632, "volume": 70343672, "typical_volume": 72960968.55, "trend": 20.826082, "fair_value": 17.577499, "relative_strength": -14.712007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.176876, "energy": 79.38637, "activity_lines": [ 16.094951, 17.362478, 19.07895, 19.787117 ] }, { "date": "2024-02-23", "close": 18.072178, "volume": 117667863, "typical_volume": 75382431.4, "trend": 20.511612, "fair_value": 17.589544, "relative_strength": -8.29893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.446256, "energy": 65.142611, "activity_lines": [ 16.598757, 17.281717, 18.900095, 19.609446 ] }, { "date": "2024-03-01", "close": 18.032871, "volume": 131631779, "typical_volume": 79490017.65, "trend": 20.262985, "fair_value": 17.607685, "relative_strength": -12.322123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.21836, "energy": 46.5189, "activity_lines": [ 17.10584, 17.265636, 18.727699, 19.449527 ] }, { "date": "2024-03-08", "close": 17.610302, "volume": 97728349, "typical_volume": 79696582.85, "trend": 20.167661, "fair_value": 17.63102, "relative_strength": -14.064412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.944338, "energy": 29.19967, "activity_lines": [ 17.413103, 17.235618, 18.526148, 19.278386 ] }, { "date": "2024-03-15", "close": 18.121315, "volume": 98446148, "typical_volume": 79784053.45, "trend": 20.034011, "fair_value": 17.655888, "relative_strength": -14.025329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.759409, "energy": 22.549708, "activity_lines": [ 17.838292, 17.338536, 18.392405, 19.146364 ] }, { "date": "2024-03-22", "close": 20.981024, "volume": 229192645, "typical_volume": 86821154.85, "trend": 19.998634, "fair_value": 17.693488, "relative_strength": -0.122774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.85136, "energy": 15.417417, "activity_lines": [ 18.95728, 17.997671, 18.538455, 19.207461 ] }, { "date": "2024-03-29", "close": 18.416128, "volume": 115168290, "typical_volume": 87373830.1, "trend": 19.894138, "fair_value": 17.719872, "relative_strength": -10.287595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.37314, "energy": 18.854807, "activity_lines": [ 18.908144, 18.15294, 18.438218, 19.105364 ] }, { "date": "2024-04-05", "close": 17.639784, "volume": 44919898, "typical_volume": 84685886.8, "trend": 19.804383, "fair_value": 17.735867, "relative_strength": -14.758195, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.055617, "energy": 19.268285, "activity_lines": [ 18.577296, 18.165269, 18.277988, 18.959922 ] }, { "date": "2024-04-12", "close": 17.521858, "volume": 96675653, "typical_volume": 80982083.8, "trend": 19.623891, "fair_value": 17.759444, "relative_strength": -12.102201, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.764397, "energy": 13.936187, "activity_lines": [ 18.233345, 18.147223, 18.126463, 18.812662 ] }, { "date": "2024-04-19", "close": 16.657064, "volume": 76681575, "typical_volume": 80027504.65, "trend": 19.427675, "fair_value": 17.780278, "relative_strength": -16.658994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.400473, "energy": 27.894954, "activity_lines": [ 17.607026, 17.959256, 17.924818, 18.621254 ] }, { "date": "2024-04-26", "close": 18.799389, "volume": 75095228, "typical_volume": 80517783.85, "trend": 19.361832, "fair_value": 17.810862, "relative_strength": -7.672882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.5349, "energy": 20.239829, "activity_lines": [ 17.792431, 18.116669, 17.951773, 18.58072 ] }, { "date": "2024-05-03", "close": 19.300577, "volume": 44292483, "typical_volume": 79282109.35, "trend": 19.331368, "fair_value": 17.845593, "relative_strength": -6.094089, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.404438, "energy": 12.117296, "activity_lines": [ 18.290342, 18.319466, 18.042229, 18.576768 ] }, { "date": "2024-05-10", "close": 18.366997, "volume": 88215748, "typical_volume": 80821517.8, "trend": 19.264871, "fair_value": 17.874525, "relative_strength": -11.576177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.642089, "energy": 8.268537, "activity_lines": [ 18.418096, 18.330187, 18.056736, 18.51455 ] }, { "date": "2024-05-17", "close": 18.769909, "volume": 62111526, "typical_volume": 80959290.4, "trend": 19.169547, "fair_value": 17.905356, "relative_strength": -8.685448, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.585726, "energy": 11.303971, "activity_lines": [ 18.631674, 18.40809, 18.124497, 18.482617 ] }, { "date": "2024-05-24", "close": 17.295834, "volume": 59868712, "typical_volume": 81632823.8, "trend": 19.089947, "fair_value": 17.927671, "relative_strength": -12.815486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.30845, "energy": 11.421737, "activity_lines": [ 18.270689, 18.196896, 18.05683, 18.361732 ] }, { "date": "2024-05-31", "close": 17.600473, "volume": 39767912, "typical_volume": 81835897.5, "trend": 18.991348, "fair_value": 17.956731, "relative_strength": -10.3967, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.153288, "energy": 16.448099, "activity_lines": [ 17.968667, 18.056099, 18.031607, 18.265637 ] }, { "date": "2024-06-07", "close": 16.666891, "volume": 44821279, "typical_volume": 81928837.45, "trend": 18.835423, "fair_value": 17.980615, "relative_strength": -13.788556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.012605, "energy": 36.151511, "activity_lines": [ 17.435378, 17.807024, 17.923742, 18.115672 ] }, { "date": "2024-06-14", "close": 17.521858, "volume": 31445647, "typical_volume": 81546207.0, "trend": 18.691947, "fair_value": 17.999463, "relative_strength": -8.825071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.152355, "energy": 33.815493, "activity_lines": [ 17.362657, 17.745202, 17.905164, 18.030926 ] }, { "date": "2024-06-21", "close": 17.390905, "volume": 40774578, "typical_volume": 80959595.1, "trend": 18.461884, "fair_value": 18.019462, "relative_strength": -7.156819, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.506942, "energy": 38.608766, "activity_lines": [ 17.302627, 17.661715, 17.872336, 17.946988 ] }, { "date": "2024-06-28", "close": 16.696457, "volume": 49971240, "typical_volume": 80741011.25, "trend": 18.291221, "fair_value": 18.02468, "relative_strength": -8.165438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.523184, "energy": 47.177586, "activity_lines": [ 17.103049, 17.454345, 17.770671, 17.833089 ] }, { "date": "2024-07-05", "close": 16.319475, "volume": 36004386, "typical_volume": 79024046.95, "trend": 18.098166, "fair_value": 18.031215, "relative_strength": -7.996814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.837401, "energy": 45.176306, "activity_lines": [ 16.817768, 17.177717, 17.621357, 17.70588 ] }, { "date": "2024-07-12", "close": 16.845268, "volume": 38982750, "typical_volume": 75089791.3, "trend": 17.925584, "fair_value": 18.033155, "relative_strength": -6.335344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.955193, "energy": 41.459448, "activity_lines": [ 16.793152, 17.041777, 17.521948, 17.625048 ] }, { "date": "2024-07-19", "close": 16.289713, "volume": 32878701, "typical_volume": 70152137.4, "trend": 17.752173, "fair_value": 18.035454, "relative_strength": -9.595533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.897914, "energy": 49.724946, "activity_lines": [ 16.571459, 16.849469, 17.375471, 17.519508 ] }, { "date": "2024-07-26", "close": 15.813519, "volume": 31180037, "typical_volume": 66824721.8, "trend": 17.618904, "fair_value": 18.040239, "relative_strength": -8.555215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.310038, "energy": 58.790531, "activity_lines": [ 16.273177, 16.60835, 17.191943, 17.394433 ] }, { "date": "2024-08-02", "close": 16.230186, "volume": 33919994, "typical_volume": 63598414.1, "trend": 17.48937, "fair_value": 18.000088, "relative_strength": -5.249856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.372007, "energy": 48.200963, "activity_lines": [ 16.218944, 16.49674, 17.056654, 17.304839 ] }, { "date": "2024-08-09", "close": 15.307568, "volume": 33637750, "typical_volume": 53820669.35, "trend": 17.369045, "fair_value": 17.974248, "relative_strength": -8.91633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.459342, "energy": 62.893786, "activity_lines": [ 15.888256, 16.236757, 16.842502, 17.164077 ] }, { "date": "2024-08-16", "close": 13.700422, "volume": 55323804, "typical_volume": 50828445.05, "trend": 17.21513, "fair_value": 17.940159, "relative_strength": -17.791951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.372055, "energy": 77.009645, "activity_lines": [ 15.089313, 15.726255, 16.502305, 16.927392 ] }, { "date": "2024-08-23", "close": 13.22423, "volume": 36471362, "typical_volume": 50406018.25, "trend": 17.084324, "fair_value": 17.901587, "relative_strength": -18.689061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.561284, "energy": 84.959397, "activity_lines": [ 14.341296, 15.183108, 16.139212, 16.669914 ] }, { "date": "2024-08-30", "close": 13.52185, "volume": 31318473, "typical_volume": 47138159.25, "trend": 16.974248, "fair_value": 17.876186, "relative_strength": -18.168765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.185045, "energy": 84.239661, "activity_lines": [ 13.896851, 14.772213, 15.82549, 16.440077 ] }, { "date": "2024-09-06", "close": 13.551612, "volume": 43405884, "typical_volume": 45474374.7, "trend": 16.951643, "fair_value": 17.855831, "relative_strength": -15.513323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.003316, "energy": 83.587489, "activity_lines": [ 13.615104, 14.437075, 15.53365, 16.219262 ] }, { "date": "2024-09-13", "close": 13.502008, "volume": 74818962, "typical_volume": 45460561.4, "trend": 16.858922, "fair_value": 17.835219, "relative_strength": -13.849744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.245932, "energy": 79.258579, "activity_lines": [ 13.495395, 14.150098, 15.251874, 15.996705 ] }, { "date": "2024-09-20", "close": 13.938517, "volume": 35337164, "typical_volume": 45012795.45, "trend": 16.721133, "fair_value": 17.822509, "relative_strength": -11.669692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.122657, "energy": 55.61143, "activity_lines": [ 13.641559, 13.993712, 15.036896, 15.808292 ] }, { "date": "2024-09-27", "close": 16.55757, "volume": 132446300, "typical_volume": 47224323.05, "trend": 16.671957, "fair_value": 17.823849, "relative_strength": -10.678832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.681765, "energy": 25.241853, "activity_lines": [ 14.644868, 14.366368, 15.096885, 15.797739 ] }, { "date": "2024-10-04", "close": 19.543686, "volume": 45344094, "typical_volume": 46385951.45, "trend": 16.736403, "fair_value": 17.850865, "relative_strength": -4.609419, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.683869, "energy": 24.849997, "activity_lines": [ 16.421326, 15.277084, 15.449883, 15.983012 ] }, { "date": "2024-10-11", "close": 18.134954, "volume": 151354260, "typical_volume": 50960228.85, "trend": 16.736858, "fair_value": 17.862814, "relative_strength": -7.164699, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.191959, "energy": 37.717269, "activity_lines": [ 17.326751, 15.863846, 15.66503, 16.073241 ] }, { "date": "2024-10-18", "close": 19.950434, "volume": 130791345, "typical_volume": 55511400.5, "trend": 16.702505, "fair_value": 17.892065, "relative_strength": -0.580156, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.860287, "energy": 48.857378, "activity_lines": [ 18.53178, 16.746062, 16.049085, 16.280569 ] }, { "date": "2024-10-25", "close": 20.734163, "volume": 171046330, "typical_volume": 61822653.05, "trend": 16.779772, "fair_value": 17.924659, "relative_strength": 0.879154, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.817414, "energy": 66.332288, "activity_lines": [ 19.568157, 17.68636, 16.496591, 16.540676 ] }, { "date": "2024-11-01", "close": 19.632973, "volume": 214914505, "typical_volume": 70996095.95, "trend": 16.846212, "fair_value": 17.945526, "relative_strength": -2.758377, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.36927, "energy": 61.918771, "activity_lines": [ 19.784428, 18.298554, 16.819853, 16.724753 ] }, { "date": "2024-11-08", "close": 21.329403, "volume": 102986545, "typical_volume": 74106694.3, "trend": 16.97313, "fair_value": 17.972103, "relative_strength": -0.787979, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.290207, "energy": 74.047247, "activity_lines": [ 20.361148, 19.102668, 17.294627, 17.013991 ] }, { "date": "2024-11-15", "close": 24.702425, "volume": 221323028, "typical_volume": 82674283.7, "trend": 17.241309, "fair_value": 18.021111, "relative_strength": 19.1814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.245721, "energy": 79.083236, "activity_lines": [ 21.943161, 20.378103, 18.071886, 17.512656 ] }, { "date": "2024-11-22", "close": 22.936552, "volume": 233468075, "typical_volume": 92547468.15, "trend": 17.379214, "fair_value": 18.06186, "relative_strength": 14.220539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.5269, "energy": 61.341943, "activity_lines": [ 22.498719, 21.129728, 18.642844, 17.880091 ] }, { "date": "2024-11-29", "close": 24.057583, "volume": 229540722, "typical_volume": 102075366.75, "trend": 17.537781, "fair_value": 18.116851, "relative_strength": 17.791272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.396061, "energy": 68.488525, "activity_lines": [ 23.228878, 21.91364, 19.289056, 18.310953 ] }, { "date": "2024-12-06", "close": 25.352182, "volume": 199347097, "typical_volume": 110398786.55, "trend": 17.770621, "fair_value": 18.177455, "relative_strength": 21.972838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.037867, "energy": 71.112366, "activity_lines": [ 24.16901, 22.748951, 20.024219, 18.815108 ] }, { "date": "2024-12-13", "close": 24.706203, "volume": 195783830, "typical_volume": 118628976.2, "trend": 17.968497, "fair_value": 18.217433, "relative_strength": 19.732081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.648478, "energy": 54.874635, "activity_lines": [ 24.512535, 23.306908, 20.654706, 19.262565 ] }, { "date": "2024-12-20", "close": 24.696264, "volume": 127509119, "typical_volume": 123308432.45, "trend": 18.215178, "fair_value": 18.263467, "relative_strength": 20.395245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.778494, "energy": 51.721778, "activity_lines": [ 24.627626, 23.769195, 21.2419, 19.696614 ] }, { "date": "2024-12-27", "close": 22.639072, "volume": 91921506, "typical_volume": 126222620.25, "trend": 18.383131, "fair_value": 18.293753, "relative_strength": 10.255227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.487138, "energy": 44.709034, "activity_lines": [ 24.057398, 23.73815, 21.592857, 19.982027 ] }, { "date": "2025-01-03", "close": 19.677505, "volume": 65618813, "typical_volume": 126737370.7, "trend": 18.483485, "fair_value": 18.308115, "relative_strength": 3.346386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.705791, "energy": 24.724174, "activity_lines": [ 22.519813, 23.119755, 21.626847, 20.065535 ] }, { "date": "2025-01-10", "close": 19.091156, "volume": 67741845, "typical_volume": 128300894.85, "trend": 18.535795, "fair_value": 18.326212, "relative_strength": 1.430455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.802231, "energy": 20.4388, "activity_lines": [ 21.078783, 22.413962, 21.576533, 20.10474 ] }, { "date": "2025-01-17", "close": 20.323488, "volume": 65852430, "typical_volume": 130027592.7, "trend": 18.633548, "fair_value": 18.347775, "relative_strength": 4.132729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.159444, "energy": 24.413091, "activity_lines": [ 20.465932, 21.942081, 21.615645, 20.220075 ] }, { "date": "2025-01-24", "close": 25.381998, "volume": 161180993, "typical_volume": 135916348.15, "trend": 18.923066, "fair_value": 18.411193, "relative_strength": 27.733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.069837, "energy": 26.53884, "activity_lines": [ 21.831433, 22.408218, 22.104132, 20.655458 ] }, { "date": "2025-01-31", "close": 29.357252, "volume": 108028417, "typical_volume": 137576820.9, "trend": 19.357659, "fair_value": 18.491164, "relative_strength": 48.292474, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.911808, "energy": 48.305037, "activity_lines": [ 24.476302, 23.584773, 22.914879, 21.328632 ] }, { "date": "2025-02-07", "close": 29.019356, "volume": 286538108, "typical_volume": 150136868.1, "trend": 19.763461, "fair_value": 18.57053, "relative_strength": 39.420835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.15817, "energy": 73.99932, "activity_lines": [ 26.560661, 24.583152, 23.617944, 21.951967 ] }, { "date": "2025-02-14", "close": 32.795845, "volume": 421929825, "typical_volume": 164611044.35, "trend": 20.313666, "fair_value": 18.672605, "relative_strength": 53.218233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.428084, "energy": 88.009062, "activity_lines": [ 29.281059, 26.177951, 24.608862, 22.792766 ] }, { "date": "2025-02-21", "close": 32.328751, "volume": 268420565, "typical_volume": 175764867.9, "trend": 20.864174, "fair_value": 18.768502, "relative_strength": 46.370859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.162836, "energy": 88.160983, "activity_lines": [ 30.932114, 27.552485, 25.477969, 23.567933 ] }, { "date": "2025-02-28", "close": 27.449129, "volume": 172127263, "typical_volume": 176803518.05, "trend": 21.238138, "fair_value": 18.846483, "relative_strength": 27.903248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.488506, "energy": 77.431011, "activity_lines": [ 30.156277, 27.901224, 25.821469, 23.992769 ] }, { "date": "2025-03-07", "close": 30.91754, "volume": 197964825, "typical_volume": 180162192.05, "trend": 21.758471, "fair_value": 18.952191, "relative_strength": 39.685615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.470141, "energy": 61.739265, "activity_lines": [ 30.398768, 28.83053, 26.450941, 24.617246 ] }, { "date": "2025-03-14", "close": 29.088921, "volume": 110579143, "typical_volume": 177138832.7, "trend": 22.271421, "fair_value": 19.044805, "relative_strength": 28.884566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.836459, "energy": 46.079938, "activity_lines": [ 29.9277, 29.276843, 26.854034, 25.090178 ] }, { "date": "2025-03-21", "close": 26.952223, "volume": 91395701, "typical_volume": 170962892.5, "trend": 22.729021, "fair_value": 19.124658, "relative_strength": 22.290464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.650658, "energy": 29.11012, "activity_lines": [ 28.739762, 29.163548, 27.013848, 25.392166 ] }, { "date": "2025-03-28", "close": 26.077665, "volume": 59129196, "typical_volume": 168770025.05, "trend": 23.147548, "fair_value": 19.201215, "relative_strength": 18.664441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.645064, "energy": 23.148063, "activity_lines": [ 27.649879, 28.748314, 27.055517, 25.608207 ] }, { "date": "2025-04-04", "close": 25.471439, "volume": 46671903, "typical_volume": 160037468.8, "trend": 23.544875, "fair_value": 19.276946, "relative_strength": 17.940449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.536198, "energy": 20.615557, "activity_lines": [ 26.77466, 28.118236, 27.016839, 25.758136 ] }, { "date": "2025-04-11", "close": 22.718576, "volume": 101493433, "typical_volume": 153438736.7, "trend": 23.852094, "fair_value": 19.336779, "relative_strength": 10.457379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.107672, "energy": 17.694905, "activity_lines": [ 25.113667, 26.986012, 26.712322, 25.704826 ] }, { "date": "2025-04-18", "close": 22.937216, "volume": 91631908, "typical_volume": 146543296.0, "trend": 24.152051, "fair_value": 19.400823, "relative_strength": 11.5582, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.623459, "energy": 26.413822, "activity_lines": [ 24.07215, 26.014243, 26.429666, 25.645802 ] }, { "date": "2025-04-25", "close": 23.940968, "volume": 73087929, "typical_volume": 140230337.6, "trend": 24.398164, "fair_value": 19.47074, "relative_strength": 14.402544, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.111907, "energy": 26.155699, "activity_lines": [ 23.775332, 25.335559, 26.24794, 25.632183 ] }, { "date": "2025-05-02", "close": 25.222986, "volume": 50764590, "typical_volume": 132979375.6, "trend": 24.587474, "fair_value": 19.551997, "relative_strength": 20.153157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.547732, "energy": 23.750519, "activity_lines": [ 24.106603, 25.050966, 26.195031, 25.685398 ] }, { "date": "2025-05-09", "close": 25.630451, "volume": 97914456, "typical_volume": 131499642.45, "trend": 24.837324, "fair_value": 19.640987, "relative_strength": 18.664687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.939483, "energy": 15.031064, "activity_lines": [ 24.630674, 24.969655, 26.178467, 25.752687 ] }, { "date": "2025-05-16", "close": 24.000595, "volume": 75656425, "typical_volume": 130686388.4, "trend": 24.972329, "fair_value": 19.723463, "relative_strength": 10.121167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.974776, "energy": 13.068574, "activity_lines": [ 24.600859, 24.625072, 26.002231, 25.698704 ] }, { "date": "2025-05-23", "close": 25.545855, "volume": 142698350, "typical_volume": 134540365.25, "trend": 25.132719, "fair_value": 19.817218, "relative_strength": 17.03596, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.108902, "energy": 5.140542, "activity_lines": [ 25.000663, 24.687209, 25.966679, 25.735706 ] }, { "date": "2025-05-30", "close": 25.016562, "volume": 87395968, "typical_volume": 135523071.4, "trend": 25.312172, "fair_value": 19.906268, "relative_strength": 15.030228, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.418751, "energy": 5.368271, "activity_lines": [ 25.050127, 24.71753, 25.852773, 25.728212 ] }, { "date": "2025-06-06", "close": 27.273544, "volume": 134958934, "typical_volume": 138978396.6, "trend": 25.51031, "fair_value": 20.008039, "relative_strength": 22.690542, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.049315, "energy": 13.188944, "activity_lines": [ 25.780212, 25.193405, 25.925602, 25.854752 ] }, { "date": "2025-06-13", "close": 26.015226, "volume": 82181732, "typical_volume": 135028433.55, "trend": 25.55407, "fair_value": 20.10143, "relative_strength": 17.044651, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.693597, "energy": 9.526263, "activity_lines": [ 25.954153, 25.418751, 25.845496, 25.887327 ] }, { "date": "2025-06-20", "close": 24.467297, "volume": 53764516, "typical_volume": 132315238.5, "trend": 25.605095, "fair_value": 20.185774, "relative_strength": 10.856925, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.645935, "energy": 7.585503, "activity_lines": [ 25.586467, 25.352769, 25.614952, 25.817213 ] }, { "date": "2025-06-27", "close": 26.12508, "volume": 58364506, "typical_volume": 120906558.4, "trend": 25.674011, "fair_value": 20.276872, "relative_strength": 13.484435, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.689283, "energy": 7.27564, "activity_lines": [ 25.740261, 25.556407, 25.565578, 25.85076 ] }, { "date": "2025-07-04", "close": 25.845453, "volume": 72718676, "typical_volume": 103446000.95, "trend": 25.690454, "fair_value": 20.366553, "relative_strength": 10.32138, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.867459, "energy": 5.429208, "activity_lines": [ 25.762231, 25.651243, 25.503355, 25.861821 ] }, { "date": "2025-07-11", "close": 26.544519, "volume": 49917148, "typical_volume": 92520830.1, "trend": 25.751731, "fair_value": 20.458842, "relative_strength": 10.767435, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.805118, "energy": 9.444648, "activity_lines": [ 25.961964, 25.838555, 25.540807, 25.916922 ] }, { "date": "2025-07-18", "close": 27.992584, "volume": 118772602, "typical_volume": 89853097.05, "trend": 25.861608, "fair_value": 20.559352, "relative_strength": 13.761673, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.339577, "energy": 31.356429, "activity_lines": [ 26.692987, 26.265123, 25.743714, 26.061493 ] }, { "date": "2025-07-25", "close": 28.451969, "volume": 83001051, "typical_volume": 84104908.35, "trend": 26.055372, "fair_value": 20.662306, "relative_strength": 12.317252, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.192596, "energy": 44.796941, "activity_lines": [ 27.445315, 26.732268, 25.987784, 26.228613 ] }, { "date": "2025-08-01", "close": 28.901371, "volume": 109531661, "typical_volume": 84052534.25, "trend": 26.362834, "fair_value": 20.769266, "relative_strength": 15.211708, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.685845, "energy": 53.015785, "activity_lines": [ 28.081798, 27.200189, 26.286395, 26.412226 ] }, { "date": "2025-08-08", "close": 27.97261, "volume": 110427441, "typical_volume": 85004121.25, "trend": 26.658882, "fair_value": 20.87235, "relative_strength": 9.496587, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.50508, "energy": 46.156729, "activity_lines": [ 28.223609, 27.438234, 26.497445, 26.516082 ] }, { "date": "2025-08-15", "close": 28.232264, "volume": 82227277, "typical_volume": 86159025.3, "trend": 26.922508, "fair_value": 20.972519, "relative_strength": 5.015413, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.928671, "energy": 43.822568, "activity_lines": [ 28.31016, 27.669743, 26.728366, 26.617591 ] }, { "date": "2025-08-22", "close": 29.670341, "volume": 116428325, "typical_volume": 89646846.4, "trend": 27.065453, "fair_value": 21.082345, "relative_strength": 4.826534, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.958319, "energy": 50.126629, "activity_lines": [ 28.763553, 28.145289, 27.085986, 26.79487 ] }, { "date": "2025-08-29", "close": 29.370743, "volume": 147593557, "typical_volume": 91951852.6, "trend": 27.065903, "fair_value": 21.188682, "relative_strength": -1.131399, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.897812, "energy": 41.236115, "activity_lines": [ 29.005231, 28.499906, 27.395078, 26.943599 ] }, { "date": "2025-09-05", "close": 26.284866, "volume": 92672931, "typical_volume": 92003903.75, "trend": 26.974753, "fair_value": 21.274046, "relative_strength": -11.084746, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.80064, "energy": 13.839762, "activity_lines": [ 28.157031, 28.204301, 27.378601, 26.893209 ] }, { "date": "2025-09-12", "close": 26.924011, "volume": 73436739, "typical_volume": 92021344.25, "trend": 26.779025, "fair_value": 21.365703, "relative_strength": -11.557338, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.015924, "energy": 19.178218, "activity_lines": [ 27.696313, 28.021999, 27.407053, 26.889936 ] }, { "date": "2025-09-19", "close": 26.184999, "volume": 78484304, "typical_volume": 93407329.95, "trend": 26.574233, "fair_value": 21.451932, "relative_strength": -15.142555, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.819427, "energy": 16.396516, "activity_lines": [ 27.059164, 27.685721, 27.350918, 26.851611 ] }, { "date": "2025-09-26", "close": 25.700001, "volume": 86038611, "typical_volume": 92813537.7, "trend": 26.515929, "fair_value": 21.529594, "relative_strength": -17.722989, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.999825, "energy": 19.613977, "activity_lines": [ 26.396834, 27.267798, 27.244012, 26.795209 ] }, { "date": "2025-10-03", "close": 27.1, "volume": 32877744, "typical_volume": 90674603.65, "trend": 26.388678, "fair_value": 21.619242, "relative_strength": -15.37894, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.57472, "energy": 16.099224, "activity_lines": [ 26.465859, 27.146104, 27.270107, 26.832891 ] }, { "date": "2025-10-10", "close": 26.5, "volume": 35153476, "typical_volume": 85297359.95, "trend": 26.30238, "fair_value": 21.708809, "relative_strength": -16.315914, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.230907, "energy": 14.123789, "activity_lines": [ 26.486267, 26.939901, 27.224301, 26.840073 ] }, { "date": "2025-10-17", "close": 24.25, "volume": 65855727, "typical_volume": 84220347.9, "trend": 26.212306, "fair_value": 21.782572, "relative_strength": -19.389076, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.792472, "energy": 34.132826, "activity_lines": [ 25.742333, 26.368267, 26.959666, 26.707662 ] }, { "date": "2025-10-24", "close": 25.530001, "volume": 41574781, "typical_volume": 79551140.25, "trend": 26.194051, "fair_value": 21.866422, "relative_strength": -18.946756, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.242792, "energy": 26.532515, "activity_lines": [ 25.603334, 26.097045, 26.820585, 26.663642 ] }, { "date": "2025-10-31", "close": 26.790001, "volume": 74369311, "typical_volume": 79160519.2, "trend": 26.238003, "fair_value": 21.943354, "relative_strength": -15.597925, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.545786, "energy": 17.697668, "activity_lines": [ 25.928001, 26.104046, 26.809808, 26.70209 ] }, { "date": "2025-11-07", "close": 25.73, "volume": 80890822, "typical_volume": 80516834.5, "trend": 26.338384, "fair_value": 22.005963, "relative_strength": -19.099447, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.173058, "energy": 19.718096, "activity_lines": [ 25.826667, 25.970689, 26.694388, 26.669316 ] }, { "date": "2025-11-14", "close": 25.040001, "volume": 59776145, "typical_volume": 80587416.45, "trend": 26.408477, "fair_value": 22.050974, "relative_strength": -19.886852, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.2797, "energy": 18.928349, "activity_lines": [ 25.586667, 25.778073, 26.507242, 26.585549 ] }, { "date": "2025-11-21", "close": 26.4, "volume": 83222036, "typical_volume": 81112584.45, "trend": 26.490444, "fair_value": 22.104201, "relative_strength": -10.902082, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.110555, "energy": 8.221295, "activity_lines": [ 25.897334, 25.855364, 26.454786, 26.585003 ] }, { "date": "2025-11-28", "close": 26.99, "volume": 138797752, "typical_volume": 85556614.65, "trend": 26.549345, "fair_value": 22.159579, "relative_strength": -11.904793, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.911645, "energy": 3.574457, "activity_lines": [ 26.261334, 26.049455, 26.45588, 26.617232 ] }, { "date": "2025-12-05", "close": 24.85, "volume": 82804043, "typical_volume": 83758186.7, "trend": 26.52333, "fair_value": 22.19967, "relative_strength": -19.598086, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.790373, "energy": 25.342915, "activity_lines": [ 25.814667, 25.839818, 26.251043, 26.507597 ] }, { "date": "2025-12-12", "close": 24.34, "volume": 47626997, "typical_volume": 81989484.0, "trend": 26.534643, "fair_value": 22.245401, "relative_strength": -21.603779, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.813672, "energy": 32.384905, "activity_lines": [ 25.327333, 25.552909, 26.012599, 26.366737 ] }, { "date": "2025-12-19", "close": 24.32, "volume": 54353335, "typical_volume": 79230567.7, "trend": 26.493781, "fair_value": 22.291317, "relative_strength": -20.658583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.79564, "energy": 47.084157, "activity_lines": [ 24.926, 25.312546, 25.791831, 26.223857 ] }, { "date": "2025-12-26", "close": 24.23, "volume": 39904313, "typical_volume": 75704411.3, "trend": 26.467563, "fair_value": 22.345064, "relative_strength": -23.430207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.379953, "energy": 59.048303, "activity_lines": [ 24.542667, 25.095455, 25.584308, 26.077806 ] }, { "date": "2026-01-02", "close": 25.23, "volume": 35046811, "typical_volume": 73345388.0, "trend": 26.399445, "fair_value": 22.411244, "relative_strength": -19.723663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.715064, "energy": 51.576149, "activity_lines": [ 24.637333, 25.060546, 25.489845, 25.997963 ] }, { "date": "2026-01-09", "close": 29.540001, "volume": 134259414, "typical_volume": 74236942.45, "trend": 26.516937, "fair_value": 22.508, "relative_strength": -10.078167, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.400353, "energy": 6.388947, "activity_lines": [ 26.286, 25.814727, 25.820155, 26.20058 ] }, { "date": "2026-01-16", "close": 31.23, "volume": 361467155, "typical_volume": 84930622.35, "trend": 26.742361, "fair_value": 22.612516, "relative_strength": -6.149823, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.068662, "energy": 41.7545, "activity_lines": [ 28.185334, 26.826182, 26.312038, 26.504649 ] }, { "date": "2026-01-23", "close": 30.610001, "volume": 134729742, "typical_volume": 87033462.9, "trend": 26.891858, "fair_value": 22.704964, "relative_strength": -8.76257, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.086392, "energy": 53.517011, "activity_lines": [ 29.418667, 27.624909, 26.736019, 26.754174 ] }, { "date": "2026-01-30", "close": 30.190001, "volume": 207953958, "typical_volume": 93759323.85, "trend": 27.036676, "fair_value": 22.797355, "relative_strength": -7.950479, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.744538, "energy": 61.57997, "activity_lines": [ 30.092667, 28.246, 27.099405, 26.966957 ] }, { "date": "2026-02-06", "close": 28.459999, "volume": 118561519, "typical_volume": 95763184.6, "trend": 27.100525, "fair_value": 22.862281, "relative_strength": -10.840655, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.062554, "energy": 59.239684, "activity_lines": [ 29.792667, 28.483637, 27.282476, 27.058784 ] }, { "date": "2026-02-13", "close": 30.49, "volume": 104531758, "typical_volume": 96687841.95, "trend": 27.183773, "fair_value": 22.931248, "relative_strength": -5.085041, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.236376, "energy": 54.714351, "activity_lines": [ 29.954, 29.063637, 27.648048, 27.27746 ] }, { "date": "2026-02-27", "close": 29.48, "volume": 87768370, "typical_volume": 99432373.25, "trend": 27.21804, "fair_value": 23.000957, "relative_strength": -10.040219, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.07353, "energy": 37.029223, "activity_lines": [ 29.715333, 29.357455, 27.894619, 27.425604 ] }, { "date": "2026-03-06", "close": 26.200001, "volume": 82001724, "typical_volume": 101774785.65, "trend": 27.127995, "fair_value": 23.052525, "relative_strength": -17.71357, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.116869, "energy": 15.046848, "activity_lines": [ 28.5, 28.961455, 27.817476, 27.359924 ] }, { "date": "2026-03-13", "close": 26.030001, "volume": 100164641, "typical_volume": 103490231.35, "trend": 27.063241, "fair_value": 23.106078, "relative_strength": -18.146001, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.051755, "energy": 14.058031, "activity_lines": [ 27.522001, 28.500364, 27.725572, 27.289086 ] }, { "date": "2026-03-20", "close": 24.66, "volume": 59318531, "typical_volume": 104377418.85, "trend": 26.944166, "fair_value": 23.142316, "relative_strength": -19.530128, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -14.105428, "energy": 21.26811, "activity_lines": [ 26.364667, 27.757455, 27.494715, 27.134038 ] }, { "date": "2026-03-27", "close": 23.620001, "volume": 56945176, "typical_volume": 103506212.1, "trend": 26.742488, "fair_value": 23.145914, "relative_strength": -21.782939, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -30.092619, "energy": 34.0515, "activity_lines": [ 25.114001, 26.835819, 27.168953, 26.919576 ] }, { "date": "2026-04-03", "close": 23.67, "volume": 56751754, "typical_volume": 102299258.7, "trend": 26.552463, "fair_value": 23.109177, "relative_strength": -18.737124, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.581436, "energy": 45.136559, "activity_lines": [ 24.338, 26.030909, 26.863048, 26.721351 ] }, { "date": "2026-04-10", "close": 25.48, "volume": 59320895, "typical_volume": 102276496.2, "trend": 26.525634, "fair_value": 23.074382, "relative_strength": -17.880971, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.928514, "energy": 39.683106, "activity_lines": [ 24.552667, 25.692546, 26.739334, 26.652159 ] }, { "date": "2026-04-17", "close": 27.66, "volume": 90869728, "typical_volume": 102658880.8, "trend": 26.550167, "fair_value": 23.077966, "relative_strength": -13.959463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.798098, "energy": 15.539279, "activity_lines": [ 25.542, 25.843818, 26.821143, 26.725344 ] }, { "date": "2026-04-24", "close": 26.880096, "volume": 61408794, "typical_volume": 98789432.9, "trend": 26.573337, "fair_value": 23.087467, "relative_strength": -16.285786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.684437, "energy": 5.194145, "activity_lines": [ 26.162699, 25.89929, 26.822676, 26.74663 ] }, { "date": "2026-05-01", "close": 22.439816, "volume": 76783167, "typical_volume": 98488389.1, "trend": 26.464664, "fair_value": 23.07183, "relative_strength": -30.308898, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -38.133668, "energy": 19.451933, "activity_lines": [ 25.155298, 25.176164, 26.401849, 26.479951 ] }, { "date": "2026-05-08", "close": 24.525854, "volume": 55723312, "typical_volume": 98893204.85, "trend": 26.378859, "fair_value": 23.051936, "relative_strength": -25.409029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.97665, "energy": 25.25229, "activity_lines": [ 24.921921, 24.978685, 26.191168, 26.354867 ] }, { "date": "2026-05-15", "close": 23.423233, "volume": 65754803, "typical_volume": 99463278.25, "trend": 26.2763, "fair_value": 23.029742, "relative_strength": -28.079812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.558579, "energy": 47.970721, "activity_lines": [ 24.263948, 24.670804, 25.874592, 26.164181 ] }, { "date": "2026-05-22", "close": 27.486042, "volume": 207861665, "typical_volume": 107861145.85, "trend": 26.384168, "fair_value": 23.002222, "relative_strength": -15.336264, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.571821, "energy": 25.650568, "activity_lines": [ 25.097362, 25.152103, 25.949219, 26.242229 ] }, { "date": "2026-05-29", "close": 25.231133, "volume": 129203269, "typical_volume": 112568968.75, "trend": 26.374206, "fair_value": 22.990111, "relative_strength": -21.517815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.967594, "energy": 20.101528, "activity_lines": [ 25.190737, 25.196944, 25.793589, 26.16784 ] }, { "date": "2026-06-05", "close": 23.691439, "volume": 18494169, "typical_volume": 106780706.5, "trend": 26.270921, "fair_value": 22.981179, "relative_strength": -24.388519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.237686, "energy": 26.129085, "activity_lines": [ 24.880812, 24.951457, 25.491316, 25.994758 ] }, { "date": "2026-06-12", "close": 21.009388, "volume": 12928553, "typical_volume": 89353776.4, "trend": 26.113567, "fair_value": 22.957675, "relative_strength": -30.542353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.509812, "energy": 39.944678, "activity_lines": [ 23.593427, 24.217026, 24.961459, 25.655304 ] }, { "date": "2026-06-19", "close": 22.092142, "volume": 50680983, "typical_volume": 85151338.45, "trend": 26.015305, "fair_value": 22.923158, "relative_strength": -31.043424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.150329, "energy": 60.623274, "activity_lines": [ 22.901392, 23.727833, 24.583392, 25.395858 ] }, { "date": "2026-06-26", "close": 19.65, "volume": 15359124, "typical_volume": 75521596.75, "trend": 25.790305, "fair_value": 22.877837, "relative_strength": -36.972426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.832821, "energy": 75.472114, "activity_lines": [ 21.48405, 22.856212, 24.013301, 24.985193 ] }, { "date": "2026-07-03", "close": 19.780001, "volume": 8076906, "typical_volume": 69997366.1, "trend": 25.549972, "fair_value": 22.823648, "relative_strength": -35.013915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.248536, "energy": 78.808612, "activity_lines": [ 20.632443, 22.153865, 23.505781, 24.597431 ] }, { "date": "2026-07-10", "close": 19.719999, "volume": 60147321, "typical_volume": 67778144.25, "trend": 25.378972, "fair_value": 22.762586, "relative_strength": -32.07014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.526726, "energy": 76.721707, "activity_lines": [ 20.124245, 21.5697, 23.03388, 24.221304 ] }, { "date": "2026-07-17", "close": 17.73, "volume": 53838957, "typical_volume": 66081673.6, "trend": 25.158638, "fair_value": 22.709934, "relative_strength": -32.151761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.821397, "energy": 83.06653, "activity_lines": [ 19.217476, 20.673168, 22.423741, 23.727822 ] }, { "date": "2026-07-24", "close": 17.450001, "volume": 47384479, "typical_volume": 64350811.35, "trend": 24.929638, "fair_value": 22.667267, "relative_strength": -32.670341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.853128, "energy": 80.350676, "activity_lines": [ 18.436, 19.849289, 21.842888, 23.23049 ] }, { "date": "2026-07-31", "close": 20.16, "volume": 53807920, "typical_volume": 62032975.3, "trend": 24.793972, "fair_value": 22.620175, "relative_strength": -20.225963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.339569, "energy": 60.541541, "activity_lines": [ 18.867334, 19.626741, 21.561797, 22.922772 ] }, { "date": "2026-08-07", "close": 20.610001, "volume": 69123651, "typical_volume": 62523231.3, "trend": 24.639972, "fair_value": 22.588882, "relative_strength": -21.654397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.931175, "energy": 48.588411, "activity_lines": [ 19.414667, 19.619212, 21.351516, 22.652838 ] } ], "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." } } }