{ "ticker": { "uuid": "d2a64470-c04e-4175-a96c-99871562003f", "symbol": "300950", "name": "Doright 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.406, "architecture_energy": 57.306, "architecture_maturity": 97.702, "architecture_confidence": 92.456, "architecture_tenure": "Extended", "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": 12.77, "rotation_up": 23.3, "upward_expansion": 9.82, "deceleration": 59.63, "rotation_down": 54.96, "downward_expansion": 80.82 }, "activity_lines": [ 15.794, 16.075818, 17.527228, 18.758563 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 16.68, "trend_reference": 20.518669, "distance_from_trend": -0.187082, "trend_direction": "Weakening", "fair_value": 18.748004, "distance_from_fair_value": -0.110305, "fair_value_direction": "Weakening", "relative_strength": -33.348899, "relative_strength_direction": "Weakening", "price_momentum": -0.305962, "excess_performance": -0.313361, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.187082, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.119314, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.110305, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.282688, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.333489, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.052189, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.305962, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.411178, "read": "Supply-led" } ], "volume": { "latest": 8421888, "relative_activity": 0.946064, "balance": 0.411178, "dry_up": 1.138102, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.098744, "annualized_volatility": 0.351204, "from_high_reference": -0.592965, "from_low_reference": 0.208696 }, "levels": { "trend_reference": 20.518669, "fair_value_reference": 18.748004, "structural_low": 13.8, "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": -0.015674, "positive_rate": 0.411765, "directional_follow_through": 0.588235, "median_excess_return": 0.006915, "regime_survival": 0.823529, "best_return": 0.460638, "worst_return": -0.401274, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.024818, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.056409, "regime_survival": 0.571429, "best_return": 0.969684, "worst_return": -0.291743, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.029282, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.026227, "regime_survival": 0.5, "best_return": 0.582047, "worst_return": -0.380739, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.196097, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.124839, "regime_survival": 0.5, "best_return": 0.365408, "worst_return": 0.026786, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-02", "tenure": "Developing", "return": -0.103674, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-09-13", "tenure": "Developing", "return": -0.09611, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2024-10-18", "tenure": "Developing", "return": 0.359494, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": -0.002931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": -0.157538, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.072274, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.081451, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": -0.005747, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.055556, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.079983, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.113776, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-11-28", "tenure": "Established", "return": 0.101415, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.020985, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-08-07", "tenure": "Extended", "return": -0.321335, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 20.289618, "volume": 18095385, "typical_volume": 20874698.35, "trend": 18.718399, "fair_value": 21.441525, "relative_strength": 11.923032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.683955, "energy": 37.61448, "activity_lines": [ 20.387711, 20.148773, 19.546722, 19.190274 ] }, { "date": "2023-08-04", "close": 18.798874, "volume": 15711581, "typical_volume": 21184963.05, "trend": 18.78614, "fair_value": 21.420213, "relative_strength": 2.184643, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.767181, "energy": 20.414357, "activity_lines": [ 19.854657, 19.945181, 19.525282, 19.195466 ] }, { "date": "2023-08-11", "close": 18.508469, "volume": 11724266, "typical_volume": 21355155.65, "trend": 18.824939, "fair_value": 21.396919, "relative_strength": 4.215351, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.800868, "energy": 12.987481, "activity_lines": [ 19.339672, 19.696489, 19.470268, 19.177552 ] }, { "date": "2023-08-18", "close": 18.740795, "volume": 9869601, "typical_volume": 20647216.55, "trend": 18.869557, "fair_value": 21.375839, "relative_strength": 8.454846, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.215347, "energy": 17.513102, "activity_lines": [ 18.987315, 19.50359, 19.432754, 19.172123 ] }, { "date": "2023-08-25", "close": 17.772778, "volume": 12199841, "typical_volume": 20396628.45, "trend": 18.874525, "fair_value": 21.347468, "relative_strength": 5.727761, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.998521, "energy": 29.250126, "activity_lines": [ 18.482656, 19.149296, 19.30259, 19.101363 ] }, { "date": "2023-09-01", "close": 17.743736, "volume": 13790369, "typical_volume": 20419920.85, "trend": 18.860868, "fair_value": 21.319314, "relative_strength": 1.748229, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.582319, "energy": 39.034971, "activity_lines": [ 18.123199, 18.827035, 19.174637, 19.028409 ] }, { "date": "2023-09-08", "close": 17.569492, "volume": 7962379, "typical_volume": 19711782.45, "trend": 18.827279, "fair_value": 21.290246, "relative_strength": 2.645676, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.687182, "energy": 47.116397, "activity_lines": [ 17.875386, 18.502309, 19.033829, 18.945094 ] }, { "date": "2023-09-15", "close": 17.114525, "volume": 6410029, "typical_volume": 19050379.35, "trend": 18.746422, "fair_value": 21.258125, "relative_strength": 1.669404, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.260505, "energy": 52.606439, "activity_lines": [ 17.557877, 18.148543, 18.844262, 18.834594 ] }, { "date": "2023-09-22", "close": 17.201647, "volume": 6221046, "typical_volume": 19039217.7, "trend": 18.699929, "fair_value": 21.227159, "relative_strength": 1.956854, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.603991, "energy": 50.781805, "activity_lines": [ 17.362337, 17.859194, 18.667252, 18.734931 ] }, { "date": "2023-09-29", "close": 17.530775, "volume": 4244531, "typical_volume": 18852883.5, "trend": 18.659271, "fair_value": 21.199156, "relative_strength": 4.694028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.355819, "energy": 44.882755, "activity_lines": [ 17.379117, 17.704136, 18.526946, 18.659502 ] }, { "date": "2023-10-13", "close": 17.075806, "volume": 6532954, "typical_volume": 17553977.8, "trend": 18.617893, "fair_value": 21.168154, "relative_strength": 2.512102, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.61846, "energy": 57.013009, "activity_lines": [ 17.260374, 17.512997, 18.342697, 18.557343 ] }, { "date": "2023-10-20", "close": 16.243313, "volume": 6752665, "typical_volume": 16611111.8, "trend": 18.574125, "fair_value": 21.131401, "relative_strength": 2.418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.091359, "energy": 66.522695, "activity_lines": [ 16.908662, 17.228928, 18.093283, 18.404144 ] }, { "date": "2023-10-27", "close": 16.707958, "volume": 7205680, "typical_volume": 16221596.5, "trend": 18.546487, "fair_value": 21.098635, "relative_strength": 3.0032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.065351, "energy": 62.52229, "activity_lines": [ 16.800244, 17.075806, 17.902307, 18.283746 ] }, { "date": "2023-11-03", "close": 16.659557, "volume": 7346999, "typical_volume": 15587675.9, "trend": 18.48032, "fair_value": 21.065995, "relative_strength": 1.682478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.877389, "energy": 65.599506, "activity_lines": [ 16.702796, 16.946619, 17.718845, 18.162009 ] }, { "date": "2023-11-10", "close": 16.901562, "volume": 5549826, "typical_volume": 14352134.25, "trend": 18.416441, "fair_value": 21.035597, "relative_strength": 1.990551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.218695, "energy": 61.572028, "activity_lines": [ 16.722156, 16.899274, 17.572167, 18.060154 ] }, { "date": "2023-11-17", "close": 17.182287, "volume": 5334658, "typical_volume": 13955098.55, "trend": 18.371549, "fair_value": 21.007675, "relative_strength": 3.619845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.953743, "energy": 41.537365, "activity_lines": [ 16.877039, 16.918811, 17.466146, 17.980531 ] }, { "date": "2023-11-24", "close": 16.7854, "volume": 7086694, "typical_volume": 12167304.85, "trend": 18.38341, "fair_value": 20.977299, "relative_strength": 2.61577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.28298, "energy": 36.811491, "activity_lines": [ 16.892527, 16.876394, 17.332652, 17.878199 ] }, { "date": "2023-12-01", "close": 16.465956, "volume": 7335534, "typical_volume": 10741824.35, "trend": 18.331976, "fair_value": 20.945075, "relative_strength": 1.971336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.724169, "energy": 43.011727, "activity_lines": [ 16.765395, 16.790153, 17.186528, 17.754492 ] }, { "date": "2023-12-08", "close": 15.55602, "volume": 7123668, "typical_volume": 9655887.35, "trend": 18.239617, "fair_value": 20.906855, "relative_strength": -1.975943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.303604, "energy": 65.51744, "activity_lines": [ 16.351084, 16.550261, 16.969554, 17.575398 ] }, { "date": "2023-12-15", "close": 15.439858, "volume": 6807915, "typical_volume": 8665281.05, "trend": 18.174204, "fair_value": 20.868355, "relative_strength": -0.956904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.091382, "energy": 81.944956, "activity_lines": [ 15.971622, 16.319169, 16.768852, 17.394768 ] }, { "date": "2023-12-22", "close": 15.275294, "volume": 7665576, "typical_volume": 8143790.6, "trend": 18.015347, "fair_value": 20.829242, "relative_strength": -0.333753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.440301, "energy": 86.794858, "activity_lines": [ 15.634752, 16.096173, 16.574649, 17.207742 ] }, { "date": "2023-12-29", "close": 15.6141, "volume": 7546384, "typical_volume": 7735530.75, "trend": 17.89507, "fair_value": 20.793026, "relative_strength": -1.54654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.421243, "energy": 81.901619, "activity_lines": [ 15.53795, 15.967514, 16.436592, 17.052823 ] }, { "date": "2024-01-05", "close": 15.275294, "volume": 6071042, "typical_volume": 7452869.55, "trend": 17.762451, "fair_value": 20.754973, "relative_strength": 0.419666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.044189, "energy": 76.279303, "activity_lines": [ 15.406299, 15.788695, 16.281432, 16.883805 ] }, { "date": "2024-01-12", "close": 15.197853, "volume": 7021695, "typical_volume": 7310474.25, "trend": 17.617572, "fair_value": 20.71691, "relative_strength": 1.050399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.196617, "energy": 60.047619, "activity_lines": [ 15.328212, 15.621844, 16.134294, 16.718347 ] }, { "date": "2024-01-19", "close": 13.997514, "volume": 5594511, "typical_volume": 6980207.75, "trend": 17.423323, "fair_value": 20.6712, "relative_strength": -4.788051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.500047, "energy": 69.438442, "activity_lines": [ 14.873891, 15.263327, 15.889709, 16.484795 ] }, { "date": "2024-01-26", "close": 13.79423, "volume": 8147010, "typical_volume": 6698039.8, "trend": 17.238109, "fair_value": 20.624734, "relative_strength": -5.986782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.014113, "energy": 73.664779, "activity_lines": [ 14.447964, 14.920649, 15.64374, 16.25066 ] }, { "date": "2024-02-02", "close": 10.803061, "volume": 9000752, "typical_volume": 6749958.45, "trend": 16.914147, "fair_value": 20.558817, "relative_strength": -19.795332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.911143, "energy": 94.060187, "activity_lines": [ 13.123718, 14.095723, 15.131706, 15.835495 ] }, { "date": "2024-02-09", "close": 9.099352, "volume": 16137760, "typical_volume": 7236345.0, "trend": 16.557917, "fair_value": 20.48242, "relative_strength": -37.963366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.122936, "energy": 98.177978, "activity_lines": [ 11.552305, 13.069802, 14.489635, 15.331315 ] }, { "date": "2024-02-23", "close": 11.035384, "volume": 17951012, "typical_volume": 7822843.3, "trend": 16.215884, "fair_value": 20.419857, "relative_strength": -26.544185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.581412, "energy": 87.461919, "activity_lines": [ 11.037966, 12.529825, 14.070115, 14.975023 ] }, { "date": "2024-03-01", "close": 13.861992, "volume": 70442672, "typical_volume": 11132750.35, "trend": 16.008083, "fair_value": 20.376713, "relative_strength": -11.097081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.711979, "energy": 62.510131, "activity_lines": [ 11.743327, 12.58597, 13.949159, 14.823159 ] }, { "date": "2024-03-08", "close": 12.671331, "volume": 28684179, "typical_volume": 12240311.6, "trend": 15.75414, "fair_value": 20.326351, "relative_strength": -17.948424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.828373, "energy": 53.863335, "activity_lines": [ 12.060836, 12.45432, 13.732277, 14.607884 ] }, { "date": "2024-03-15", "close": 13.290862, "volume": 17915126, "typical_volume": 12798434.65, "trend": 15.57054, "fair_value": 20.280666, "relative_strength": -15.922954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.08762, "energy": 31.913128, "activity_lines": [ 12.659715, 12.482656, 13.595372, 14.448963 ] }, { "date": "2024-03-22", "close": 13.068218, "volume": 22858080, "typical_volume": 13581054.65, "trend": 15.389198, "fair_value": 20.234135, "relative_strength": -16.694987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.943995, "energy": 25.599196, "activity_lines": [ 13.018527, 12.512753, 13.451322, 14.287523 ] }, { "date": "2024-03-29", "close": 13.155339, "volume": 21901354, "typical_volume": 14308772.4, "trend": 15.203016, "fair_value": 20.188758, "relative_strength": -14.512635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.083379, "energy": 21.007805, "activity_lines": [ 13.141787, 12.598818, 13.332901, 14.143403 ] }, { "date": "2024-04-05", "close": 13.000459, "volume": 10869593, "typical_volume": 14574760.75, "trend": 15.043939, "fair_value": 20.01578, "relative_strength": -16.650634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.697271, "energy": 19.0696, "activity_lines": [ 13.072091, 12.69386, 13.216417, 14.001303 ] }, { "date": "2024-04-12", "close": 12.332525, "volume": 10283586, "typical_volume": 14822207.15, "trend": 14.863565, "fair_value": 19.86709, "relative_strength": -17.976075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.374528, "energy": 23.661631, "activity_lines": [ 12.837185, 12.685588, 13.054896, 13.826373 ] }, { "date": "2024-04-19", "close": 10.948263, "volume": 15910553, "typical_volume": 15263400.1, "trend": 14.642858, "fair_value": 19.71965, "relative_strength": -27.24775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.766701, "energy": 38.10313, "activity_lines": [ 12.163446, 12.452208, 12.784636, 13.573772 ] }, { "date": "2024-04-26", "close": 13.78455, "volume": 39776630, "typical_volume": 16885454.9, "trend": 14.531859, "fair_value": 19.577452, "relative_strength": -10.064352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.07908, "energy": 23.649701, "activity_lines": [ 12.591309, 12.731877, 12.812293, 13.518398 ] }, { "date": "2024-05-03", "close": 15.459218, "volume": 25340112, "typical_volume": 17796277.1, "trend": 14.473778, "fair_value": 19.474029, "relative_strength": -0.644011, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.542849, "energy": 4.139874, "activity_lines": [ 13.529639, 13.230845, 13.012212, 13.578227 ] }, { "date": "2024-05-10", "close": 16.349792, "volume": 64161546, "typical_volume": 20663958.65, "trend": 14.434412, "fair_value": 19.354356, "relative_strength": 3.410896, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.411619, "energy": 25.955432, "activity_lines": [ 14.611236, 13.811302, 13.297407, 13.699261 ] }, { "date": "2024-05-17", "close": 16.17555, "volume": 32855938, "typical_volume": 21923476.75, "trend": 14.404403, "fair_value": 19.248872, "relative_strength": 2.506182, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.699509, "energy": 44.895752, "activity_lines": [ 15.411462, 14.314847, 13.561676, 13.811592 ] }, { "date": "2024-05-24", "close": 16.146509, "volume": 25669816, "typical_volume": 22829648.35, "trend": 14.401176, "fair_value": 19.157527, "relative_strength": 5.25022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.110774, "energy": 57.591687, "activity_lines": [ 15.945807, 14.749398, 13.818892, 13.923986 ] }, { "date": "2024-05-31", "close": 15.662502, "volume": 27566462, "typical_volume": 23904419.35, "trend": 14.366328, "fair_value": 19.095895, "relative_strength": 2.914916, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.221877, "energy": 61.161296, "activity_lines": [ 15.972267, 15.044027, 14.027476, 14.005362 ] }, { "date": "2024-06-07", "close": 14.762247, "volume": 17861359, "typical_volume": 24446402.55, "trend": 14.303084, "fair_value": 19.017676, "relative_strength": -1.666941, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.130202, "energy": 42.73308, "activity_lines": [ 15.573444, 15.127805, 14.148478, 14.030905 ] }, { "date": "2024-06-14", "close": 15.319498, "volume": 10491999, "typical_volume": 24691276.95, "trend": 14.250349, "fair_value": 18.945356, "relative_strength": 2.197786, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.508153, "energy": 24.108428, "activity_lines": [ 15.406837, 15.283684, 14.324626, 14.09648 ] }, { "date": "2024-06-21", "close": 14.928444, "volume": 11142382, "typical_volume": 24841045.55, "trend": 14.175221, "fair_value": 18.863917, "relative_strength": 1.846011, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.485837, "energy": 13.1416, "activity_lines": [ 15.178564, 15.326298, 14.457236, 14.140228 ] }, { "date": "2024-06-28", "close": 14.899115, "volume": 11047179, "typical_volume": 24943366.9, "trend": 14.112344, "fair_value": 18.787187, "relative_strength": 4.215059, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.818255, "energy": 18.521759, "activity_lines": [ 15.023656, 15.316381, 14.581651, 14.186931 ] }, { "date": "2024-07-05", "close": 14.351642, "volume": 9424256, "typical_volume": 24607691.7, "trend": 14.041867, "fair_value": 18.708268, "relative_strength": 2.274645, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.906939, "energy": 16.402546, "activity_lines": [ 14.769416, 15.13509, 14.634421, 14.20237 ] }, { "date": "2024-07-12", "close": 13.93126, "volume": 14336145, "typical_volume": 24426948.35, "trend": 13.987709, "fair_value": 18.625386, "relative_strength": -2.16327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.749247, "energy": 15.260242, "activity_lines": [ 14.46244, 14.867056, 14.622143, 14.195234 ] }, { "date": "2024-07-19", "close": 13.618418, "volume": 11825648, "typical_volume": 21496097.15, "trend": 13.926994, "fair_value": 18.553017, "relative_strength": -4.560108, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.608858, "energy": 14.518486, "activity_lines": [ 14.106582, 14.569921, 14.566282, 14.171408 ] }, { "date": "2024-07-26", "close": 13.442443, "volume": 7760109, "typical_volume": 20449893.65, "trend": 13.865899, "fair_value": 18.462257, "relative_strength": -2.018219, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.168977, "energy": 22.762733, "activity_lines": [ 13.805471, 14.290453, 14.49482, 14.140147 ] }, { "date": "2024-08-02", "close": 13.354457, "volume": 8362578, "typical_volume": 19972266.25, "trend": 13.790577, "fair_value": 18.384636, "relative_strength": -1.810871, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.740615, "energy": 31.672799, "activity_lines": [ 13.574098, 14.04468, 14.411307, 14.107151 ] }, { "date": "2024-08-09", "close": 12.816758, "volume": 8418123, "typical_volume": 19250268.4, "trend": 13.708626, "fair_value": 18.29866, "relative_strength": -3.618977, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.36237, "energy": 51.101058, "activity_lines": [ 13.26647, 13.751909, 14.276282, 14.044324 ] }, { "date": "2024-08-16", "close": 13.305574, "volume": 14188685, "typical_volume": 18864634.95, "trend": 13.64555, "fair_value": 18.21909, "relative_strength": 0.678986, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.728345, "energy": 46.705287, "activity_lines": [ 13.224105, 13.599753, 14.189008, 14.01832 ] }, { "date": "2024-08-23", "close": 12.611455, "volume": 7247900, "typical_volume": 18683550.3, "trend": 13.599348, "fair_value": 18.142312, "relative_strength": -2.411654, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.044822, "energy": 48.791417, "activity_lines": [ 12.99208, 13.347879, 14.034913, 13.951605 ] }, { "date": "2024-08-30", "close": 12.806982, "volume": 15338424, "typical_volume": 18936292.2, "trend": 13.56644, "fair_value": 18.08855, "relative_strength": -2.569925, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.431158, "energy": 43.59146, "activity_lines": [ 12.892362, 13.180793, 13.901291, 13.900484 ] }, { "date": "2024-09-06", "close": 11.927114, "volume": 12089018, "typical_volume": 18745215.45, "trend": 13.603908, "fair_value": 18.028534, "relative_strength": -6.505742, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.127817, "energy": 57.083949, "activity_lines": [ 12.541718, 12.892303, 13.681613, 13.794721 ] }, { "date": "2024-09-13", "close": 11.584942, "volume": 6749646, "typical_volume": 17093866.25, "trend": 13.686761, "fair_value": 17.947548, "relative_strength": -7.235196, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.513509, "energy": 78.605875, "activity_lines": [ 12.172173, 12.595636, 13.424686, 13.664465 ] }, { "date": "2024-09-20", "close": 11.584942, "volume": 4389355, "typical_volume": 16046328.4, "trend": 13.70508, "fair_value": 17.885094, "relative_strength": -7.977225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.724076, "energy": 79.239262, "activity_lines": [ 11.884749, 12.349273, 13.178233, 13.528864 ] }, { "date": "2024-09-27", "close": 13.256694, "volume": 13331803, "typical_volume": 13504841.25, "trend": 13.684903, "fair_value": 17.815315, "relative_strength": -10.306471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.125093, "energy": 59.04853, "activity_lines": [ 12.269285, 12.449524, 13.109443, 13.499936 ] }, { "date": "2024-10-04", "close": 15.182629, "volume": 8335650, "typical_volume": 12278826.85, "trend": 13.768613, "fair_value": 17.765572, "relative_strength": -6.890777, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.116638, "energy": 10.199796, "activity_lines": [ 13.252783, 12.906523, 13.238806, 13.596563 ] }, { "date": "2024-10-11", "close": 14.439629, "volume": 26178947, "typical_volume": 12304283.4, "trend": 13.806906, "fair_value": 17.698426, "relative_strength": -6.973865, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 7.275249, "energy": 18.887029, "activity_lines": [ 13.830238, 13.196791, 13.302134, 13.639855 ] }, { "date": "2024-10-18", "close": 15.749657, "volume": 22471335, "typical_volume": 12049527.05, "trend": 13.896287, "fair_value": 17.647942, "relative_strength": -1.227021, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.723052, "energy": 40.655812, "activity_lines": [ 14.676868, 13.705516, 13.498355, 13.765194 ] }, { "date": "2024-10-25", "close": 16.678406, "volume": 36813607, "typical_volume": 12997139.45, "trend": 14.013722, "fair_value": 17.581402, "relative_strength": 2.177184, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.604164, "energy": 50.996001, "activity_lines": [ 15.555433, 14.329778, 13.782613, 13.944685 ] }, { "date": "2024-11-01", "close": 16.93259, "volume": 49975757, "typical_volume": 14971327.35, "trend": 14.144793, "fair_value": 17.524632, "relative_strength": 5.48442, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.178522, "energy": 65.983452, "activity_lines": [ 16.179162, 14.938932, 14.081955, 14.132999 ] }, { "date": "2024-11-08", "close": 17.020576, "volume": 21686734, "typical_volume": 15498544.95, "trend": 14.301062, "fair_value": 17.464458, "relative_strength": -0.46949, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 73.853079, "energy": 80.423758, "activity_lines": [ 16.58716, 15.485517, 14.381995, 14.318534 ] }, { "date": "2024-11-15", "close": 16.45355, "volume": 20268100, "typical_volume": 15959591.0, "trend": 14.484571, "fair_value": 17.399626, "relative_strength": 0.114045, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.974001, "energy": 62.231104, "activity_lines": [ 16.68362, 15.852396, 14.618069, 14.457404 ] }, { "date": "2024-11-22", "close": 15.857194, "volume": 13181841, "typical_volume": 16147470.25, "trend": 14.55366, "fair_value": 17.345331, "relative_strength": -0.393035, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.27373, "energy": 39.1242, "activity_lines": [ 16.447032, 16.028547, 14.789946, 14.54596 ] }, { "date": "2024-11-29", "close": 16.629524, "volume": 11995959, "typical_volume": 16030460.95, "trend": 14.59267, "fair_value": 17.304618, "relative_strength": 2.935595, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.020934, "energy": 44.791583, "activity_lines": [ 16.460719, 16.267445, 15.028209, 14.679887 ] }, { "date": "2024-12-06", "close": 17.313866, "volume": 14872542, "typical_volume": 16182805.65, "trend": 14.624806, "fair_value": 17.269438, "relative_strength": 5.50706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.778831, "energy": 45.621311, "activity_lines": [ 16.705779, 16.539048, 15.318799, 14.855448 ] }, { "date": "2024-12-13", "close": 17.030355, "volume": 14198640, "typical_volume": 16504732.2, "trend": 14.653299, "fair_value": 17.225485, "relative_strength": 4.588608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.106123, "energy": 42.190009, "activity_lines": [ 16.830917, 16.685338, 15.56479, 15.010645 ] }, { "date": "2024-12-20", "close": 16.864157, "volume": 14783433, "typical_volume": 16825774.95, "trend": 14.677221, "fair_value": 17.172777, "relative_strength": 4.294993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.255178, "energy": 39.960699, "activity_lines": [ 16.900003, 16.767815, 15.777867, 15.153281 ] }, { "date": "2024-12-27", "close": 16.404669, "volume": 10954545, "typical_volume": 16952596.05, "trend": 14.70196, "fair_value": 17.11655, "relative_strength": 1.477304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.641174, "energy": 36.848554, "activity_lines": [ 16.788553, 16.722666, 15.930471, 15.264729 ] }, { "date": "2025-01-03", "close": 14.517839, "volume": 9185651, "typical_volume": 16702444.35, "trend": 14.693813, "fair_value": 17.03526, "relative_strength": -3.060274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.634419, "energy": 14.806445, "activity_lines": [ 16.011661, 16.322548, 15.886291, 15.25285 ] }, { "date": "2025-01-10", "close": 14.586273, "volume": 10410301, "typical_volume": 16860564.4, "trend": 14.669372, "fair_value": 16.945122, "relative_strength": -1.363467, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.747305, "energy": 17.294276, "activity_lines": [ 15.39836, 15.974155, 15.842856, 15.245912 ] }, { "date": "2025-01-17", "close": 15.690997, "volume": 18139512, "typical_volume": 17000618.8, "trend": 14.69479, "fair_value": 16.85908, "relative_strength": 2.481118, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.793588, "energy": 17.579252, "activity_lines": [ 15.335139, 15.869282, 15.895229, 15.311823 ] }, { "date": "2025-01-24", "close": 16.629524, "volume": 16960960, "typical_volume": 17244215.9, "trend": 14.752471, "fair_value": 16.791777, "relative_strength": 7.193136, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.567281, "energy": 19.856986, "activity_lines": [ 15.674052, 15.959224, 16.023253, 15.436645 ] }, { "date": "2025-01-31", "close": 16.473103, "volume": 2335848, "typical_volume": 17023526.0, "trend": 14.823186, "fair_value": 16.72658, "relative_strength": 7.548182, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.476582, "energy": 14.565078, "activity_lines": [ 15.976466, 16.017527, 16.113986, 15.547653 ] }, { "date": "2025-02-07", "close": 16.82505, "volume": 9505285, "typical_volume": 17279322.5, "trend": 14.919646, "fair_value": 16.676648, "relative_strength": 5.149434, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.81548, "energy": 35.018324, "activity_lines": [ 16.391633, 16.128621, 16.214962, 15.676806 ] }, { "date": "2025-02-14", "close": 16.443773, "volume": 12515000, "typical_volume": 17238482.35, "trend": 15.013824, "fair_value": 16.627217, "relative_strength": 0.472165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.628334, "energy": 42.093585, "activity_lines": [ 16.525895, 16.166837, 16.254672, 15.775137 ] }, { "date": "2025-02-21", "close": 17.284538, "volume": 16786275, "typical_volume": 17661013.6, "trend": 15.141894, "fair_value": 16.596717, "relative_strength": 2.822841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.989541, "energy": 54.074209, "activity_lines": [ 16.816577, 16.37374, 16.359279, 15.921634 ] }, { "date": "2025-02-28", "close": 16.56109, "volume": 15825634, "typical_volume": 17143347.95, "trend": 15.248782, "fair_value": 16.570497, "relative_strength": 1.931224, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.323901, "energy": 41.878413, "activity_lines": [ 16.759875, 16.444485, 16.384976, 16.013195 ] }, { "date": "2025-03-07", "close": 17.255209, "volume": 11672100, "typical_volume": 16603386.2, "trend": 15.39673, "fair_value": 16.54979, "relative_strength": 3.615659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.998543, "energy": 40.356865, "activity_lines": [ 16.939108, 16.646944, 16.466679, 16.142642 ] }, { "date": "2025-03-14", "close": 17.59738, "volume": 15090700, "typical_volume": 15517240.85, "trend": 15.53979, "fair_value": 16.524404, "relative_strength": 4.087942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.256088, "energy": 45.775034, "activity_lines": [ 17.180257, 16.896151, 16.573799, 16.28462 ] }, { "date": "2025-03-21", "close": 17.675591, "volume": 16644850, "typical_volume": 13850695.5, "trend": 15.708595, "fair_value": 16.501565, "relative_strength": 7.010383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.738571, "energy": 47.866029, "activity_lines": [ 17.395988, 17.103587, 16.683992, 16.422413 ] }, { "date": "2025-03-28", "close": 17.010801, "volume": 18037749, "typical_volume": 13668246.25, "trend": 15.848722, "fair_value": 16.467305, "relative_strength": 3.501383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.743852, "energy": 42.496782, "activity_lines": [ 17.308001, 17.133982, 16.727334, 16.506427 ] }, { "date": "2025-04-04", "close": 17.802681, "volume": 17384654, "typical_volume": 13524073.95, "trend": 16.044574, "fair_value": 16.458863, "relative_strength": 10.3574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.406158, "energy": 48.999224, "activity_lines": [ 17.502223, 17.28436, 16.846139, 16.632489 ] }, { "date": "2025-04-11", "close": 15.104418, "volume": 27465635, "typical_volume": 14238263.65, "trend": 16.16189, "fair_value": 16.433901, "relative_strength": -1.553313, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.214131, "energy": 6.69615, "activity_lines": [ 16.714252, 16.922814, 16.701543, 16.571833 ] }, { "date": "2025-04-18", "close": 15.309721, "volume": 12058045, "typical_volume": 14241367.95, "trend": 16.286049, "fair_value": 16.409559, "relative_strength": -0.150916, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.625629, "energy": 17.535705, "activity_lines": [ 16.138101, 16.623481, 16.580084, 16.516855 ] }, { "date": "2025-04-25", "close": 15.221734, "volume": 13186439, "typical_volume": 14157062.8, "trend": 16.351551, "fair_value": 16.392222, "relative_strength": -2.174333, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.835285, "energy": 29.046576, "activity_lines": [ 15.685131, 16.335701, 16.45653, 16.448189 ] }, { "date": "2025-05-02", "close": 14.957774, "volume": 7731449, "typical_volume": 13833703.25, "trend": 16.344056, "fair_value": 16.378838, "relative_strength": -3.583284, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.48427, "energy": 41.666116, "activity_lines": [ 15.307766, 16.022148, 16.317799, 16.358268 ] }, { "date": "2025-05-09", "close": 15.788761, "volume": 12540005, "typical_volume": 13721531.85, "trend": 16.389027, "fair_value": 16.378512, "relative_strength": -0.360225, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.673795, "energy": 57.539454, "activity_lines": [ 15.344264, 15.901988, 16.26808, 16.322443 ] }, { "date": "2025-05-16", "close": 15.397708, "volume": 9384102, "typical_volume": 13643009.7, "trend": 16.377295, "fair_value": 16.37928, "relative_strength": -3.149263, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.430341, "energy": 48.700988, "activity_lines": [ 15.384673, 15.72477, 16.186238, 16.258487 ] }, { "date": "2025-05-23", "close": 16.629269, "volume": 18161592, "typical_volume": 14091806.75, "trend": 16.375657, "fair_value": 16.39862, "relative_strength": 5.177621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.128863, "energy": 18.586948, "activity_lines": [ 15.816049, 15.805245, 16.226483, 16.274743 ] }, { "date": "2025-05-30", "close": 17.747786, "volume": 47228966, "typical_volume": 15932740.0, "trend": 16.40283, "fair_value": 16.422143, "relative_strength": 13.145636, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.820849, "energy": 12.922742, "activity_lines": [ 16.532295, 16.106689, 16.363199, 16.363267 ] }, { "date": "2025-06-06", "close": 17.629004, "volume": 32902305, "typical_volume": 16670879.65, "trend": 16.423111, "fair_value": 16.440609, "relative_strength": 10.62402, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.130038, "energy": 25.405215, "activity_lines": [ 17.040543, 16.385223, 16.473547, 16.442375 ] }, { "date": "2025-06-13", "close": 19.767052, "volume": 56418616, "typical_volume": 18643762.45, "trend": 16.533561, "fair_value": 16.471636, "relative_strength": 24.341279, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.606099, "energy": 58.802361, "activity_lines": [ 18.083392, 17.041253, 16.77829, 16.658113 ] }, { "date": "2025-06-20", "close": 20.984554, "volume": 48202352, "typical_volume": 20937087.65, "trend": 16.704473, "fair_value": 16.512471, "relative_strength": 32.811757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.205835, "energy": 79.23135, "activity_lines": [ 19.266855, 17.882932, 17.184046, 16.945274 ] }, { "date": "2025-06-27", "close": 22.04368, "volume": 55767778, "typical_volume": 23250212.3, "trend": 16.884945, "fair_value": 16.553182, "relative_strength": 33.776798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.526772, "energy": 85.643947, "activity_lines": [ 20.430904, 18.810267, 17.669187, 17.289739 ] }, { "date": "2025-07-04", "close": 22.04368, "volume": 0, "typical_volume": 22624462.3, "trend": 17.042606, "fair_value": 16.596578, "relative_strength": 31.407448, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.683627, "energy": 88.129353, "activity_lines": [ 21.233993, 19.615167, 18.129478, 17.622561 ] }, { "date": "2025-07-11", "close": 22.04368, "volume": 0, "typical_volume": 21785148.55, "trend": 17.209717, "fair_value": 16.639665, "relative_strength": 28.352097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.260657, "energy": 90.202796, "activity_lines": [ 21.750688, 20.296031, 18.563103, 17.945211 ] }, { "date": "2025-07-18", "close": 33.407013, "volume": 126909381, "typical_volume": 27339335.9, "trend": 17.761145, "fair_value": 16.752014, "relative_strength": 87.202295, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.90115, "energy": 98.592448, "activity_lines": [ 25.760849, 22.914121, 20.056287, 18.990198 ] }, { "date": "2025-07-25", "close": 29.942581, "volume": 84909024, "typical_volume": 31001182.1, "trend": 18.212409, "fair_value": 16.84308, "relative_strength": 61.841102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.974472, "energy": 93.851857, "activity_lines": [ 27.706869, 24.581983, 21.139307, 19.776097 ] }, { "date": "2025-08-01", "close": 32.397377, "volume": 79872232, "typical_volume": 34240258.7, "trend": 18.808393, "fair_value": 16.948772, "relative_strength": 75.108477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.092913, "energy": 93.376003, "activity_lines": [ 29.873953, 26.431718, 22.3957, 20.691256 ] }, { "date": "2025-08-08", "close": 30.07126, "volume": 83540959, "typical_volume": 37585064.15, "trend": 19.32456, "fair_value": 17.043565, "relative_strength": 58.403007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.13264, "energy": 68.907648, "activity_lines": [ 30.575417, 27.571831, 23.360083, 21.417893 ] }, { "date": "2025-08-15", "close": 30.328617, "volume": 63599021, "typical_volume": 39863127.75, "trend": 19.81248, "fair_value": 17.12124, "relative_strength": 51.084865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.859251, "energy": 65.59934, "activity_lines": [ 30.827495, 28.534673, 24.289949, 22.127832 ] }, { "date": "2025-08-22", "close": 29.259594, "volume": 34366583, "typical_volume": 40712224.2, "trend": 20.233483, "fair_value": 17.198916, "relative_strength": 38.063923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.229059, "energy": 60.092164, "activity_lines": [ 30.170904, 29.072244, 25.054584, 22.737323 ] }, { "date": "2025-08-29", "close": 29.645632, "volume": 40530498, "typical_volume": 41365467.35, "trend": 20.672567, "fair_value": 17.285424, "relative_strength": 32.870077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.510598, "energy": 52.262809, "activity_lines": [ 29.919486, 29.507413, 25.801429, 23.344558 ] }, { "date": "2025-09-05", "close": 32.961586, "volume": 86433360, "typical_volume": 45084233.1, "trend": 21.210451, "fair_value": 17.386522, "relative_strength": 47.117873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.436329, "energy": 53.277789, "activity_lines": [ 30.793182, 30.388008, 26.794835, 24.137398 ] }, { "date": "2025-09-12", "close": 32.565651, "volume": 53956200, "typical_volume": 47122721.15, "trend": 21.747847, "fair_value": 17.490822, "relative_strength": 39.982578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.551716, "energy": 51.172338, "activity_lines": [ 31.497287, 30.998108, 27.666476, 24.869992 ] }, { "date": "2025-09-19", "close": 30.764147, "volume": 38356867, "typical_volume": 48653992.05, "trend": 22.197168, "fair_value": 17.548448, "relative_strength": 29.483098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.966137, "energy": 47.56533, "activity_lines": [ 31.434597, 31.089353, 28.283956, 25.451689 ] }, { "date": "2025-09-26", "close": 30.833435, "volume": 31219310, "typical_volume": 49587957.3, "trend": 22.672913, "fair_value": 17.598555, "relative_strength": 27.151678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.68694, "energy": 44.645384, "activity_lines": [ 31.365968, 31.034642, 28.832766, 26.008867 ] }, { "date": "2025-10-03", "close": 31.694593, "volume": 11678263, "typical_volume": 49702665.35, "trend": 23.154225, "fair_value": 17.665788, "relative_strength": 26.441194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.692307, "energy": 40.008208, "activity_lines": [ 31.479469, 31.183298, 29.391949, 26.590911 ] }, { "date": "2025-10-10", "close": 32.773518, "volume": 17331553, "typical_volume": 49661163.4, "trend": 23.660097, "fair_value": 17.746233, "relative_strength": 31.035104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.163708, "energy": 38.442175, "activity_lines": [ 31.816014, 31.496267, 29.976283, 27.211511 ] }, { "date": "2025-10-17", "close": 35.020447, "volume": 74706387, "typical_volume": 51035034.45, "trend": 24.238258, "fair_value": 17.844107, "relative_strength": 45.521206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.796458, "energy": 46.234434, "activity_lines": [ 32.914074, 32.210929, 30.697733, 27.944436 ] }, { "date": "2025-10-24", "close": 33.209045, "volume": 38736209, "typical_volume": 51326729.65, "trend": 24.7782, "fair_value": 17.949569, "relative_strength": 30.532514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.626846, "energy": 43.013669, "activity_lines": [ 33.244679, 32.506261, 31.164418, 28.523197 ] }, { "date": "2025-10-31", "close": 32.67453, "volume": 27628950, "typical_volume": 49887246.35, "trend": 25.273928, "fair_value": 18.048024, "relative_strength": 26.530939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.417271, "energy": 42.748452, "activity_lines": [ 33.23412, 32.652036, 31.506006, 29.032637 ] }, { "date": "2025-11-07", "close": 32.328091, "volume": 18376381, "typical_volume": 48395947.8, "trend": 25.848051, "fair_value": 18.146233, "relative_strength": 23.853562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.749376, "energy": 39.364035, "activity_lines": [ 32.985341, 32.672733, 31.753136, 29.487745 ] }, { "date": "2025-11-14", "close": 24.3599, "volume": 43388962, "typical_volume": 47777007.0, "trend": 26.149723, "fair_value": 18.182685, "relative_strength": -5.637149, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 5.293841, "energy": 9.326754, "activity_lines": [ 30.038266, 31.195896, 31.187373, 29.391735 ] }, { "date": "2025-11-21", "close": 21.984287, "volume": 23270983, "typical_volume": 48940556.15, "trend": 26.375142, "fair_value": 18.203291, "relative_strength": -10.441358, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -19.218349, "energy": 29.341513, "activity_lines": [ 26.860228, 29.443523, 30.384332, 29.122997 ] }, { "date": "2025-11-28", "close": 23.112703, "volume": 15491369, "typical_volume": 49715124.6, "trend": 26.646973, "fair_value": 18.232797, "relative_strength": -9.268575, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.463162, "energy": 48.169752, "activity_lines": [ 24.927405, 28.088706, 29.689042, 28.912517 ] }, { "date": "2025-12-05", "close": 23.112703, "volume": 14325445, "typical_volume": 44085927.8, "trend": 26.891104, "fair_value": 18.254895, "relative_strength": -10.532188, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.438652, "energy": 65.076934, "activity_lines": [ 23.667672, 26.873005, 28.988661, 28.6845 ] }, { "date": "2025-12-12", "close": 22.687073, "volume": 15175726, "typical_volume": 40599262.9, "trend": 27.134083, "fair_value": 18.286055, "relative_strength": -13.016115, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.908665, "energy": 71.232799, "activity_lines": [ 22.903517, 25.720295, 28.296765, 28.413272 ] }, { "date": "2025-12-19", "close": 22.380224, "volume": 13724544, "typical_volume": 37291878.5, "trend": 27.325781, "fair_value": 18.310989, "relative_strength": -13.52202, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.246623, "energy": 69.21987, "activity_lines": [ 22.679814, 24.675566, 27.610195, 28.106571 ] }, { "date": "2025-12-26", "close": 22.617785, "volume": 12768169, "typical_volume": 33753239.0, "trend": 27.488115, "fair_value": 18.33794, "relative_strength": -15.684744, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.794375, "energy": 63.385529, "activity_lines": [ 22.667277, 23.863, 26.99395, 27.80283 ] }, { "date": "2026-01-02", "close": 22.627684, "volume": 6912487, "typical_volume": 30918912.3, "trend": 27.654737, "fair_value": 18.375634, "relative_strength": -15.326183, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.303394, "energy": 60.460548, "activity_lines": [ 22.615805, 23.277736, 26.414141, 27.489254 ] }, { "date": "2026-01-09", "close": 24.577663, "volume": 32437227, "typical_volume": 30822444.5, "trend": 27.815091, "fair_value": 18.429286, "relative_strength": -12.120818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.252681, "energy": 43.090111, "activity_lines": [ 23.246662, 23.239403, 26.056716, 27.290733 ] }, { "date": "2026-01-16", "close": 25.250753, "volume": 38966047, "typical_volume": 30744221.95, "trend": 27.957298, "fair_value": 18.483671, "relative_strength": -10.925215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.931963, "energy": 39.614816, "activity_lines": [ 24.004218, 23.470665, 25.785689, 27.125291 ] }, { "date": "2026-01-23", "close": 26.41876, "volume": 50056452, "typical_volume": 28925376.55, "trend": 28.103134, "fair_value": 18.541839, "relative_strength": -8.019081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.174429, "energy": 27.421103, "activity_lines": [ 24.980197, 24.042971, 25.646829, 27.026031 ] }, { "date": "2026-01-30", "close": 24.033253, "volume": 26045562, "typical_volume": 27529844.65, "trend": 28.169453, "fair_value": 18.584346, "relative_strength": -15.004977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.561522, "energy": 28.031524, "activity_lines": [ 24.891772, 24.144114, 25.311934, 26.763458 ] }, { "date": "2026-02-06", "close": 24.409389, "volume": 16207692, "typical_volume": 26422385.9, "trend": 28.24831, "fair_value": 18.627843, "relative_strength": -11.957536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.416306, "energy": 23.86179, "activity_lines": [ 24.83436, 24.276392, 25.053492, 26.520873 ] }, { "date": "2026-02-13", "close": 24.003557, "volume": 11613163, "typical_volume": 25442078.55, "trend": 27.934861, "fair_value": 18.665344, "relative_strength": -14.751184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.550826, "energy": 27.770931, "activity_lines": [ 24.522892, 24.311307, 24.78666, 26.247018 ] }, { "date": "2026-02-27", "close": 24.538071, "volume": 7835500, "typical_volume": 25249940.4, "trend": 27.754711, "fair_value": 18.703555, "relative_strength": -15.325157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.241598, "energy": 34.202645, "activity_lines": [ 24.427868, 24.427208, 24.603257, 26.02787 ] }, { "date": "2026-03-06", "close": 23.459146, "volume": 13085215, "typical_volume": 25037623.5, "trend": 27.45677, "fair_value": 18.728676, "relative_strength": -17.281639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.922356, "energy": 42.312628, "activity_lines": [ 24.020714, 24.313286, 24.351179, 25.750737 ] }, { "date": "2026-03-13", "close": 22.657377, "volume": 11585287, "typical_volume": 21881568.5, "trend": 27.20964, "fair_value": 18.754708, "relative_strength": -20.710173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.315897, "energy": 55.320313, "activity_lines": [ 23.543612, 24.033972, 24.067095, 25.441099 ] }, { "date": "2026-03-20", "close": 21.024147, "volume": 10254132, "typical_volume": 20457464.65, "trend": 26.899491, "fair_value": 18.769283, "relative_strength": -24.162719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.047316, "energy": 70.650895, "activity_lines": [ 22.613825, 23.456987, 23.686338, 25.042035 ] }, { "date": "2026-03-27", "close": 21.103333, "volume": 10915452, "typical_volume": 19621789.75, "trend": 26.627616, "fair_value": 18.787143, "relative_strength": -23.202823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.579711, "energy": 78.309367, "activity_lines": [ 21.936116, 22.923554, 23.371145, 24.668089 ] }, { "date": "2026-04-03", "close": 20.321363, "volume": 7908387, "typical_volume": 19098390.05, "trend": 26.316807, "fair_value": 18.804867, "relative_strength": -23.731739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.309748, "energy": 83.15118, "activity_lines": [ 21.191099, 22.311115, 23.03658, 24.261234 ] }, { "date": "2026-04-10", "close": 21.449778, "volume": 7421208, "typical_volume": 17300002.35, "trend": 25.93308, "fair_value": 18.829949, "relative_strength": -24.71972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.976538, "energy": 72.874296, "activity_lines": [ 21.103334, 21.993468, 22.866658, 23.947232 ] }, { "date": "2026-04-17", "close": 21.489368, "volume": 8057645, "typical_volume": 16539335.45, "trend": 25.563871, "fair_value": 18.848184, "relative_strength": -27.434285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.683765, "energy": 56.996035, "activity_lines": [ 21.162724, 21.773363, 22.714365, 23.660541 ] }, { "date": "2026-04-24", "close": 21.360691, "volume": 10723838, "typical_volume": 16300958.9, "trend": 25.250422, "fair_value": 18.864484, "relative_strength": -28.03957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.019913, "energy": 49.726229, "activity_lines": [ 21.257088, 21.576116, 22.552173, 23.389368 ] }, { "date": "2026-05-01", "close": 21.538862, "volume": 13380574, "typical_volume": 16253715.35, "trend": 24.940603, "fair_value": 18.883778, "relative_strength": -28.166709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.388582, "energy": 40.566639, "activity_lines": [ 21.388406, 21.466694, 22.415292, 23.149913 ] }, { "date": "2026-05-08", "close": 22.182257, "volume": 8525194, "typical_volume": 15921188.75, "trend": 24.623525, "fair_value": 18.920654, "relative_strength": -28.129977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.413001, "energy": 31.466612, "activity_lines": [ 21.705155, 21.519065, 22.347182, 22.971955 ] }, { "date": "2026-05-15", "close": 21.60815, "volume": 16060698, "typical_volume": 16037996.45, "trend": 24.251346, "fair_value": 18.943726, "relative_strength": -29.863158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.422004, "energy": 27.798786, "activity_lines": [ 21.706474, 21.509887, 22.226799, 22.777415 ] }, { "date": "2026-05-22", "close": 21.024147, "volume": 12950137, "typical_volume": 16047094.85, "trend": 23.784803, "fair_value": 18.961016, "relative_strength": -31.806869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.038462, "energy": 29.753313, "activity_lines": [ 21.502568, 21.42818, 22.054473, 22.569208 ] }, { "date": "2026-05-29", "close": 18.620001, "volume": 11474467, "typical_volume": 16275193.85, "trend": 23.298502, "fair_value": 18.968822, "relative_strength": -39.255498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.860794, "energy": 49.706271, "activity_lines": [ 20.528295, 20.939051, 21.66077, 22.235995 ] }, { "date": "2026-06-05", "close": 18.16, "volume": 2206313, "typical_volume": 14763648.15, "trend": 22.814684, "fair_value": 18.956765, "relative_strength": -39.404226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.037992, "energy": 77.313239, "activity_lines": [ 19.5834, 20.409998, 21.242341, 21.904479 ] }, { "date": "2026-06-12", "close": 17.15, "volume": 1640208, "typical_volume": 12897356.2, "trend": 22.308747, "fair_value": 18.94348, "relative_strength": -41.092262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.148767, "energy": 89.330779, "activity_lines": [ 18.527096, 19.750823, 20.758282, 21.539015 ] }, { "date": "2026-06-19", "close": 17.52, "volume": 9901650, "typical_volume": 10889616.1, "trend": 22.080751, "fair_value": 18.932366, "relative_strength": -43.346385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.141584, "energy": 89.391567, "activity_lines": [ 17.92961, 19.216582, 20.348036, 21.230064 ] }, { "date": "2026-06-26", "close": 16.059999, "volume": 1585262, "typical_volume": 9666601.1, "trend": 21.883275, "fair_value": 18.910031, "relative_strength": -46.675884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.959659, "energy": 93.542117, "activity_lines": [ 17.118, 18.488337, 19.841117, 20.841628 ] }, { "date": "2026-07-03", "close": 17.09, "volume": 2110281, "typical_volume": 8961730.55, "trend": 21.682518, "fair_value": 18.892499, "relative_strength": -41.982799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.541225, "energy": 86.188042, "activity_lines": [ 16.980666, 18.04608, 19.470262, 20.532385 ] }, { "date": "2026-07-10", "close": 16.290001, "volume": 12653598, "typical_volume": 9013752.3, "trend": 21.455094, "fair_value": 18.872879, "relative_strength": -42.075434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.330559, "energy": 81.426839, "activity_lines": [ 16.678667, 17.536018, 19.05807, 20.184481 ] }, { "date": "2026-07-17", "close": 15.22, "volume": 10145387, "typical_volume": 9129246.65, "trend": 21.206192, "fair_value": 18.838893, "relative_strength": -40.00343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.740241, "energy": 76.578504, "activity_lines": [ 16.144667, 16.926845, 18.580705, 19.782216 ] }, { "date": "2026-07-24", "close": 14.5, "volume": 10018350, "typical_volume": 8975903.4, "trend": 20.943518, "fair_value": 18.805006, "relative_strength": -41.910771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.928172, "energy": 70.150467, "activity_lines": [ 15.499333, 16.313348, 18.07914, 19.349559 ] }, { "date": "2026-07-31", "close": 15.82, "volume": 11940065, "typical_volume": 8993642.3, "trend": 20.716925, "fair_value": 18.769902, "relative_strength": -34.657764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.208963, "energy": 63.798424, "activity_lines": [ 15.495333, 16.069091, 17.745952, 19.019009 ] }, { "date": "2026-08-07", "close": 16.68, "volume": 8421888, "typical_volume": 8902030.1, "trend": 20.518669, "fair_value": 18.748004, "relative_strength": -33.348899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.405533, "energy": 57.306309, "activity_lines": [ 15.794, 16.075818, 17.527228, 18.758563 ] } ], "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." } } }