{ "ticker": { "uuid": "d6370020-2349-4010-97fe-817aa1277a50", "symbol": "002855", "name": "Dongguan Chitwing 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.302, "architecture_energy": 56.2, "architecture_maturity": 100.0, "architecture_confidence": 93.859, "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": 9.96, "rotation_up": 24.13, "upward_expansion": 9.29, "deceleration": 60.48, "rotation_down": 56.59, "downward_expansion": 82.62 }, "activity_lines": [ 9.383333, 9.536182, 10.350476, 11.085828 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 9.86, "trend_reference": 12.387333, "distance_from_trend": -0.204026, "trend_direction": "Weakening", "fair_value": 20.166154, "distance_from_fair_value": -0.511062, "fair_value_direction": "Weakening", "relative_strength": -36.291179, "relative_strength_direction": "Improving", "price_momentum": -0.387197, "excess_performance": -0.394597, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.204026, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.174178, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.511062, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.150158, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.362912, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.017597, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.387197, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.403202, "read": "Supply-led" } ], "volume": { "latest": 16558978, "relative_activity": 0.897932, "balance": 0.403202, "dry_up": 1.084136, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.10142, "annualized_volatility": 0.446491, "from_high_reference": -0.527778, "from_low_reference": 0.220297 }, "levels": { "trend_reference": 12.387333, "fair_value_reference": 20.166154, "structural_low": 8.08, "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": 28, "median_return": -0.007291, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030273, "regime_survival": 0.821429, "best_return": 2.95815, "worst_return": -0.174021, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.023269, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.00947, "regime_survival": 0.444444, "best_return": 2.502203, "worst_return": -0.274725, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.026809, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.045345, "regime_survival": 0.166667, "best_return": 2.469163, "worst_return": -0.421856, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.052237, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.192393, "regime_survival": 0.5, "best_return": 1.039648, "worst_return": 0.010147, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": 0.131579, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": -0.083531, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.204082, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": 0.096039, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.093137, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-27", "tenure": "Established", "return": 0.038781, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.01137, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.006652, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.125634, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.108136, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.066859, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": 0.122837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-26", "tenure": "Developing", "return": -0.134625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-08-07", "tenure": "Extended", "return": -0.398046, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.05, "volume": 10079373, "typical_volume": 15562537.7, "trend": 9.803, "fair_value": 9.407469, "relative_strength": 10.296652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.64047, "energy": 31.740554, "activity_lines": [ 10.263333, 10.260182, 9.962571, 9.936065 ] }, { "date": "2023-08-04", "close": 10.25, "volume": 9918206, "typical_volume": 15261653.2, "trend": 9.882, "fair_value": 9.403263, "relative_strength": 10.477909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.152177, "energy": 24.354014, "activity_lines": [ 10.237333, 10.269455, 10.000619, 9.964903 ] }, { "date": "2023-08-11", "close": 9.7, "volume": 10073619, "typical_volume": 14521624.0, "trend": 9.925333, "fair_value": 9.39787, "relative_strength": 8.218597, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.961327, "energy": 13.933569, "activity_lines": [ 10.044, 10.170182, 9.984762, 9.953161 ] }, { "date": "2023-08-18", "close": 9.63, "volume": 9797500, "typical_volume": 14111676.5, "trend": 9.958333, "fair_value": 9.390123, "relative_strength": 10.548431, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.676263, "energy": 16.663233, "activity_lines": [ 9.868, 10.063818, 9.966095, 9.934108 ] }, { "date": "2023-08-25", "close": 9.08, "volume": 10023844, "typical_volume": 13504059.9, "trend": 9.961333, "fair_value": 9.376819, "relative_strength": 7.143527, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.014867, "energy": 39.558755, "activity_lines": [ 9.571333, 9.864545, 9.898, 9.877441 ] }, { "date": "2023-09-01", "close": 13.31, "volume": 27637098, "typical_volume": 12799630.45, "trend": 10.061, "fair_value": 9.390249, "relative_strength": 50.216386, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.116509, "energy": 50.241334, "activity_lines": [ 10.760667, 10.458364, 10.23819, 10.093484 ] }, { "date": "2023-09-08", "close": 21.01, "volume": 108220445, "typical_volume": 17398235.85, "trend": 10.375, "fair_value": 9.452593, "relative_strength": 135.722474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.648438, "energy": 95.166566, "activity_lines": [ 14.299333, 12.394545, 11.294286, 10.799871 ] }, { "date": "2023-09-15", "close": 25.91, "volume": 249958713, "typical_volume": 29192791.5, "trend": 10.889333, "fair_value": 9.544252, "relative_strength": 183.394145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.723953, "energy": 96.955908, "activity_lines": [ 18.754, 15.030364, 12.758476, 11.802129 ] }, { "date": "2023-09-22", "close": 35.939999, "volume": 220956488, "typical_volume": 40013360.9, "trend": 11.745667, "fair_value": 9.699824, "relative_strength": 269.791397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.513063, "energy": 98.051888, "activity_lines": [ 25.471333, 19.206182, 15.096238, 13.418301 ] }, { "date": "2023-09-29", "close": 48.23, "volume": 115063348, "typical_volume": 45049748.05, "trend": 13.009, "fair_value": 9.935639, "relative_strength": 362.047118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.112656, "energy": 98.974592, "activity_lines": [ 34.531333, 25.155273, 18.474952, 15.772129 ] }, { "date": "2023-10-13", "close": 46.34, "volume": 196431258, "typical_volume": 54311229.6, "trend": 14.213667, "fair_value": 10.158768, "relative_strength": 315.794554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.774325, "energy": 97.807183, "activity_lines": [ 40.351333, 30.069636, 21.486381, 17.922516 ] }, { "date": "2023-10-20", "close": 41.540001, "volume": 176677020, "typical_volume": 62519239.15, "trend": 15.267333, "fair_value": 10.356779, "relative_strength": 268.823565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.645215, "energy": 88.269096, "activity_lines": [ 42.369334, 33.451455, 23.864524, 19.685505 ] }, { "date": "2023-10-27", "close": 37.419998, "volume": 179723738, "typical_volume": 70831656.1, "trend": 16.164333, "fair_value": 10.530603, "relative_strength": 209.724433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.162579, "energy": 68.22931, "activity_lines": [ 41.645333, 35.515272, 25.699047, 21.11471 ] }, { "date": "2023-11-03", "close": 30.940001, "volume": 148538602, "typical_volume": 77370171.2, "trend": 16.854, "fair_value": 10.660221, "relative_strength": 144.892066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.262119, "energy": 64.27591, "activity_lines": [ 37.994, 35.896909, 26.785905, 22.067978 ] }, { "date": "2023-11-10", "close": 36.0, "volume": 148774549, "typical_volume": 83753790.55, "trend": 17.713333, "fair_value": 10.819353, "relative_strength": 169.917902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.694273, "energy": 47.538166, "activity_lines": [ 36.362667, 36.811091, 28.255048, 23.303204 ] }, { "date": "2023-11-17", "close": 32.799999, "volume": 119598460, "typical_volume": 89381333.55, "trend": 18.485, "fair_value": 10.955242, "relative_strength": 137.450305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.542522, "energy": 34.954757, "activity_lines": [ 34.48, 36.654, 29.297524, 24.276538 ] }, { "date": "2023-11-24", "close": 34.150002, "volume": 183633866, "typical_volume": 97876544.35, "trend": 19.333, "fair_value": 11.100102, "relative_strength": 141.802724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.291127, "energy": 27.352983, "activity_lines": [ 33.95, 36.388, 30.360667, 25.287183 ] }, { "date": "2023-12-01", "close": 31.799999, "volume": 132837303, "typical_volume": 104037334.5, "trend": 20.101, "fair_value": 11.2292, "relative_strength": 120.597131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.975777, "energy": 25.499206, "activity_lines": [ 33.129333, 35.455818, 31.087333, 26.091505 ] }, { "date": "2023-12-08", "close": 30.309999, "volume": 127281026, "typical_volume": 109936838.3, "trend": 20.82, "fair_value": 11.347031, "relative_strength": 107.559256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.453588, "energy": 19.640329, "activity_lines": [ 32.186666, 34.145636, 31.569762, 26.75015 ] }, { "date": "2023-12-15", "close": 30.629999, "volume": 85020483, "typical_volume": 113512246.95, "trend": 21.544333, "fair_value": 11.464755, "relative_strength": 107.140607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.772822, "energy": 17.914391, "activity_lines": [ 31.392666, 32.996, 31.988666, 27.383054 ] }, { "date": "2023-12-22", "close": 38.919998, "volume": 206792870, "typical_volume": 123347921.8, "trend": 22.53, "fair_value": 11.638096, "relative_strength": 157.040698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.220335, "energy": 28.495658, "activity_lines": [ 33.719999, 33.673636, 33.099904, 28.504064 ] }, { "date": "2023-12-29", "close": 37.610001, "volume": 237705249, "typical_volume": 134737273.95, "trend": 23.457667, "fair_value": 11.79815, "relative_strength": 131.85849, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.36606, "energy": 31.149388, "activity_lines": [ 35.202666, 34.248, 33.948904, 29.476968 ] }, { "date": "2024-01-05", "close": 36.02, "volume": 130021946, "typical_volume": 140734690.3, "trend": 24.324667, "fair_value": 11.956204, "relative_strength": 123.871685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.297954, "energy": 34.301258, "activity_lines": [ 35.924666, 34.604727, 34.51619, 30.287441 ] }, { "date": "2024-01-12", "close": 32.549999, "volume": 106428047, "typical_volume": 145566217.65, "trend": 25.075667, "fair_value": 12.094428, "relative_strength": 98.721894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.862163, "energy": 30.075389, "activity_lines": [ 35.208666, 34.356, 34.627666, 30.818107 ] }, { "date": "2024-01-19", "close": 30.52, "volume": 71290901, "typical_volume": 148629570.5, "trend": 25.746333, "fair_value": 12.223259, "relative_strength": 85.410597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.676296, "energy": 16.060551, "activity_lines": [ 33.666666, 33.708909, 34.436666, 31.169355 ] }, { "date": "2024-01-26", "close": 31.08, "volume": 81579008, "typical_volume": 151326666.0, "trend": 26.444333, "fair_value": 12.356505, "relative_strength": 84.049933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.662698, "energy": 11.298106, "activity_lines": [ 32.318667, 33.263272, 34.196904, 31.513462 ] }, { "date": "2024-02-02", "close": 24.0, "volume": 66745579, "typical_volume": 149252922.7, "trend": 26.894667, "fair_value": 12.449257, "relative_strength": 51.225558, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -10.701141, "energy": 20.26589, "activity_lines": [ 29.133333, 31.561636, 33.198238, 31.355763 ] }, { "date": "2024-02-09", "close": 21.379999, "volume": 54684418, "typical_volume": 139489207.95, "trend": 27.263666, "fair_value": 12.526293, "relative_strength": 21.181037, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -37.771449, "energy": 52.79538, "activity_lines": [ 25.982, 29.568181, 31.935809, 30.999978 ] }, { "date": "2024-02-23", "close": 28.540001, "volume": 119075254, "typical_volume": 134395146.25, "trend": 27.862666, "fair_value": 12.648973, "relative_strength": 54.097158, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.556103, "energy": 43.43238, "activity_lines": [ 26.193333, 29.066, 31.376857, 31.082322 ] }, { "date": "2024-03-01", "close": 30.459999, "volume": 130423784, "typical_volume": 135163168.05, "trend": 28.537333, "fair_value": 12.782056, "relative_strength": 54.695466, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.305402, "energy": 40.444398, "activity_lines": [ 27.312, 28.945091, 31.036, 31.249892 ] }, { "date": "2024-03-08", "close": 31.5, "volume": 122907512, "typical_volume": 131486980.75, "trend": 29.252333, "fair_value": 12.92625, "relative_strength": 57.482064, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.906485, "energy": 17.695573, "activity_lines": [ 28.781333, 29.016363, 30.878809, 31.441032 ] }, { "date": "2024-03-15", "close": 32.16, "volume": 71431562, "typical_volume": 126224707.85, "trend": 29.982666, "fair_value": 13.07404, "relative_strength": 53.289576, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.479422, "energy": 8.641177, "activity_lines": [ 30.442667, 29.342545, 30.855143, 31.628623 ] }, { "date": "2024-03-22", "close": 30.82, "volume": 77276665, "typical_volume": 121102354.2, "trend": 30.686666, "fair_value": 13.20924, "relative_strength": 44.656659, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.849266, "energy": 10.939829, "activity_lines": [ 31.113333, 29.524182, 30.748524, 31.682645 ] }, { "date": "2024-03-29", "close": 28.780001, "volume": 40978510, "typical_volume": 115724349.6, "trend": 31.325, "fair_value": 13.330219, "relative_strength": 34.908088, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.878612, "energy": 9.329561, "activity_lines": [ 30.474667, 29.429455, 30.479048, 31.559634 ] }, { "date": "2024-04-05", "close": 27.809999, "volume": 21682612, "typical_volume": 109369752.75, "trend": 31.949333, "fair_value": 13.443584, "relative_strength": 26.24481, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.386647, "energy": 18.278548, "activity_lines": [ 29.496667, 29.226909, 30.127476, 31.33286 ] }, { "date": "2024-04-12", "close": 25.98, "volume": 27496819, "typical_volume": 104764670.7, "trend": 32.371666, "fair_value": 13.547567, "relative_strength": 20.041187, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.577835, "energy": 45.011923, "activity_lines": [ 28.085333, 28.740909, 29.640619, 30.947742 ] }, { "date": "2024-04-19", "close": 23.57, "volume": 40477200, "typical_volume": 97606837.4, "trend": 32.457, "fair_value": 13.634451, "relative_strength": 6.827551, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.409274, "energy": 65.258837, "activity_lines": [ 26.238667, 27.909454, 28.956714, 30.379892 ] }, { "date": "2024-04-26", "close": 24.23, "volume": 22615664, "typical_volume": 92095755.45, "trend": 32.401, "fair_value": 13.725755, "relative_strength": 6.182115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.52332, "energy": 68.631483, "activity_lines": [ 25.184667, 27.205818, 28.386048, 29.849118 ] }, { "date": "2024-05-03", "close": 24.18, "volume": 12199900, "typical_volume": 86341699.15, "trend": 32.009, "fair_value": 13.817438, "relative_strength": 3.152045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.826291, "energy": 70.532284, "activity_lines": [ 24.553333, 26.441273, 27.846667, 29.318731 ] }, { "date": "2024-05-10", "close": 23.299999, "volume": 20176213, "typical_volume": 83099485.65, "trend": 31.178, "fair_value": 13.903289, "relative_strength": -3.307492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.541536, "energy": 74.605352, "activity_lines": [ 23.935333, 25.596, 27.252667, 28.75686 ] }, { "date": "2024-05-17", "close": 23.200001, "volume": 18715300, "typical_volume": 73695607.15, "trend": 30.406666, "fair_value": 13.988499, "relative_strength": -4.696054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.105628, "energy": 71.460963, "activity_lines": [ 23.584667, 24.862727, 26.684048, 28.24215 ] }, { "date": "2024-05-24", "close": 22.01, "volume": 17647012, "typical_volume": 62692695.3, "trend": 29.755666, "fair_value": 14.06678, "relative_strength": -7.930026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.701524, "energy": 79.973315, "activity_lines": [ 23.022667, 24.064, 26.076952, 27.70043 ] }, { "date": "2024-05-31", "close": 22.08, "volume": 17027700, "typical_volume": 57042983.0, "trend": 29.244333, "fair_value": 14.152305, "relative_strength": -8.09893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.570885, "energy": 82.216406, "activity_lines": [ 22.588, 23.462545, 25.550809, 27.205226 ] }, { "date": "2024-06-07", "close": 19.5, "volume": 22519604, "typical_volume": 52847560.85, "trend": 28.863, "fair_value": 14.220529, "relative_strength": -18.622456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.679702, "energy": 91.806046, "activity_lines": [ 21.436667, 22.550909, 24.845333, 26.576559 ] }, { "date": "2024-06-14", "close": 20.43, "volume": 15133386, "typical_volume": 50039685.1, "trend": 28.344, "fair_value": 14.293952, "relative_strength": -15.524221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.602029, "energy": 87.102102, "activity_lines": [ 20.907333, 21.977091, 24.290571, 26.032495 ] }, { "date": "2024-06-21", "close": 19.76, "volume": 15597276, "typical_volume": 46740598.5, "trend": 27.909333, "fair_value": 14.363526, "relative_strength": -17.366262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.959421, "energy": 86.141398, "activity_lines": [ 20.346, 21.415636, 23.720048, 25.478688 ] }, { "date": "2024-06-28", "close": 21.02, "volume": 24557828, "typical_volume": 44631210.95, "trend": 27.471666, "fair_value": 14.440513, "relative_strength": -10.895538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.752885, "energy": 77.254296, "activity_lines": [ 20.434, 21.196364, 23.323429, 25.034215 ] }, { "date": "2024-07-05", "close": 18.870001, "volume": 42220593, "typical_volume": 44008019.7, "trend": 27.040667, "fair_value": 14.504038, "relative_strength": -19.329837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.945899, "energy": 66.469751, "activity_lines": [ 19.871334, 20.632546, 22.736238, 24.479269 ] }, { "date": "2024-07-12", "close": 19.459999, "volume": 43528204, "typical_volume": 40230667.2, "trend": 26.679, "fair_value": 14.569487, "relative_strength": -19.018745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.014805, "energy": 60.248275, "activity_lines": [ 19.719333, 20.273455, 22.21719, 23.990194 ] }, { "date": "2024-07-19", "close": 17.959999, "volume": 30437092, "typical_volume": 35231332.6, "trend": 26.256667, "fair_value": 14.624487, "relative_strength": -26.232952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.933258, "energy": 65.695927, "activity_lines": [ 19.07, 19.727454, 21.598524, 23.427677 ] }, { "date": "2024-07-26", "close": 17.389999, "volume": 18022200, "typical_volume": 29987067.0, "trend": 25.539, "fair_value": 14.676026, "relative_strength": -26.58316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.020081, "energy": 68.394865, "activity_lines": [ 18.395333, 19.174909, 20.985095, 22.855634 ] }, { "date": "2024-08-02", "close": 18.09, "volume": 28323952, "typical_volume": 27831686.5, "trend": 24.888333, "fair_value": 14.733205, "relative_strength": -23.859968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.100984, "energy": 61.884258, "activity_lines": [ 18.111999, 18.855272, 20.505524, 22.375054 ] }, { "date": "2024-08-09", "close": 17.27, "volume": 19278750, "typical_volume": 24931790.75, "trend": 24.263333, "fair_value": 14.783013, "relative_strength": -26.513202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.983734, "energy": 66.510574, "activity_lines": [ 17.750666, 18.457818, 20.014857, 21.883548 ] }, { "date": "2024-08-16", "close": 18.93, "volume": 43491200, "typical_volume": 25057425.25, "trend": 23.809333, "fair_value": 14.847756, "relative_strength": -19.773469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.480867, "energy": 53.831209, "activity_lines": [ 18.049333, 18.449636, 19.746809, 21.539462 ] }, { "date": "2024-08-23", "close": 18.549999, "volume": 30334206, "typical_volume": 25490004.95, "trend": 23.410333, "fair_value": 14.909615, "relative_strength": -20.511157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.000121, "energy": 45.01661, "activity_lines": [ 18.256666, 18.382727, 19.489476, 21.20015 ] }, { "date": "2024-08-30", "close": 19.450001, "volume": 69403655, "typical_volume": 27585346.75, "trend": 23.022667, "fair_value": 14.977436, "relative_strength": -19.086049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.336734, "energy": 32.262152, "activity_lines": [ 18.724667, 18.513636, 19.361952, 20.944645 ] }, { "date": "2024-09-06", "close": 18.52, "volume": 74294072, "typical_volume": 29276190.35, "trend": 22.84, "fair_value": 15.038718, "relative_strength": -21.615212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.194242, "energy": 26.038094, "activity_lines": [ 18.745333, 18.481091, 19.176952, 20.65415 ] }, { "date": "2024-09-13", "close": 16.969999, "volume": 49942336, "typical_volume": 30642523.95, "trend": 22.693, "fair_value": 15.088846, "relative_strength": -27.261926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.597511, "energy": 34.253185, "activity_lines": [ 18.220666, 18.212182, 18.868381, 20.275441 ] }, { "date": "2024-09-20", "close": 17.139999, "volume": 16236557, "typical_volume": 30844356.8, "trend": 22.313, "fair_value": 15.140192, "relative_strength": -27.404357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.783724, "energy": 39.554207, "activity_lines": [ 17.772666, 18.008727, 18.610571, 19.917183 ] }, { "date": "2024-09-27", "close": 19.92, "volume": 80730300, "typical_volume": 33872061.15, "trend": 21.961667, "fair_value": 15.208526, "relative_strength": -28.178551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.795211, "energy": 26.383588, "activity_lines": [ 18.370666, 18.352909, 18.651047, 19.762795 ] }, { "date": "2024-10-04", "close": 21.879999, "volume": 23573051, "typical_volume": 34114948.7, "trend": 21.641, "fair_value": 15.292244, "relative_strength": -28.025419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.063103, "energy": 4.880449, "activity_lines": [ 19.530666, 19.017818, 18.894285, 19.757527 ] }, { "date": "2024-10-11", "close": 19.639999, "volume": 57393099, "typical_volume": 36102253.05, "trend": 21.223666, "fair_value": 15.359551, "relative_strength": -31.088255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.215709, "energy": 14.451354, "activity_lines": [ 19.781999, 19.193818, 18.930476, 19.62843 ] }, { "date": "2024-10-18", "close": 23.129999, "volume": 92345597, "typical_volume": 39868147.9, "trend": 20.967333, "fair_value": 15.450705, "relative_strength": -19.880662, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.729141, "energy": 34.311247, "activity_lines": [ 21.121999, 19.976181, 19.310333, 19.751419 ] }, { "date": "2024-10-25", "close": 22.799999, "volume": 72536271, "typical_volume": 42368981.25, "trend": 20.768, "fair_value": 15.539936, "relative_strength": -21.789729, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.677232, "energy": 46.921189, "activity_lines": [ 21.941332, 20.591999, 19.653761, 19.869655 ] }, { "date": "2024-11-01", "close": 22.870001, "volume": 103404712, "typical_volume": 46782547.55, "trend": 20.603333, "fair_value": 15.63032, "relative_strength": -19.388937, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.218075, "energy": 49.446451, "activity_lines": [ 22.406666, 21.150181, 19.988142, 20.005268 ] }, { "date": "2024-11-08", "close": 29.43, "volume": 118471336, "typical_volume": 51926250.55, "trend": 20.718333, "fair_value": 15.760961, "relative_strength": -2.482022, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.656605, "energy": 74.292021, "activity_lines": [ 24.862, 22.822545, 20.935666, 20.574731 ] }, { "date": "2024-11-15", "close": 25.799999, "volume": 97770240, "typical_volume": 55586871.15, "trend": 20.792666, "fair_value": 15.872564, "relative_strength": -10.45865, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.948131, "energy": 73.779418, "activity_lines": [ 25.604, 23.653454, 21.491428, 20.90258 ] }, { "date": "2024-11-22", "close": 25.26, "volume": 78207013, "typical_volume": 57386192.15, "trend": 20.827, "fair_value": 15.982179, "relative_strength": -9.162303, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.807453, "energy": 67.320171, "activity_lines": [ 25.755333, 24.253818, 21.973, 21.190795 ] }, { "date": "2024-11-29", "close": 23.1, "volume": 44910795, "typical_volume": 57455321.7, "trend": 20.791, "fair_value": 16.079102, "relative_strength": -17.513715, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.536582, "energy": 53.808111, "activity_lines": [ 25.044667, 24.310727, 22.218428, 21.337441 ] }, { "date": "2024-12-06", "close": 24.08, "volume": 35927351, "typical_volume": 57729834.65, "trend": 20.817, "fair_value": 16.180192, "relative_strength": -14.799826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.518192, "energy": 35.74292, "activity_lines": [ 24.640667, 24.437454, 22.539857, 21.549634 ] }, { "date": "2024-12-13", "close": 23.15, "volume": 36678604, "typical_volume": 58662654.85, "trend": 20.815333, "fair_value": 16.273846, "relative_strength": -16.874482, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.294212, "energy": 22.76808, "activity_lines": [ 23.846, 24.319454, 22.743571, 21.70015 ] }, { "date": "2024-12-20", "close": 22.049999, "volume": 24451167, "typical_volume": 58469015.6, "trend": 20.816666, "fair_value": 16.359167, "relative_strength": -19.621031, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.825574, "energy": 20.305653, "activity_lines": [ 23.103333, 23.978363, 22.815095, 21.779806 ] }, { "date": "2024-12-27", "close": 20.34, "volume": 20160820, "typical_volume": 58513119.1, "trend": 20.758666, "fair_value": 16.433205, "relative_strength": -24.646832, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.052094, "energy": 16.001488, "activity_lines": [ 22.040666, 23.282545, 22.704904, 21.749053 ] }, { "date": "2025-01-03", "close": 17.639999, "volume": 16521100, "typical_volume": 57164614.1, "trend": 20.696666, "fair_value": 16.48782, "relative_strength": -28.434888, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.381623, "energy": 28.355665, "activity_lines": [ 20.405999, 22.146545, 22.322952, 21.547849 ] }, { "date": "2025-01-10", "close": 17.549999, "volume": 20131500, "typical_volume": 56654478.8, "trend": 20.600666, "fair_value": 16.543397, "relative_strength": -26.844733, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.214364, "energy": 40.362811, "activity_lines": [ 19.105333, 21.087999, 21.938571, 21.344838 ] }, { "date": "2025-01-17", "close": 18.43, "volume": 19629220, "typical_volume": 54165757.05, "trend": 20.556333, "fair_value": 16.603718, "relative_strength": -24.874472, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.107392, "energy": 50.903978, "activity_lines": [ 18.533333, 20.286181, 21.642761, 21.204795 ] }, { "date": "2025-01-24", "close": 17.85, "volume": 14841848, "typical_volume": 51193145.85, "trend": 20.450666, "fair_value": 16.660833, "relative_strength": -27.158638, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.82594, "energy": 57.106658, "activity_lines": [ 18.082666, 19.578909, 21.296571, 21.030193 ] }, { "date": "2025-01-31", "close": 17.299999, "volume": 2973188, "typical_volume": 48844688.45, "trend": 20.398333, "fair_value": 16.713461, "relative_strength": -27.371574, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.440658, "energy": 57.709993, "activity_lines": [ 17.728666, 18.916181, 20.90119, 20.826924 ] }, { "date": "2025-02-07", "close": 19.129999, "volume": 16822324, "typical_volume": 48873976.8, "trend": 20.387333, "fair_value": 16.776923, "relative_strength": -22.130443, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.698176, "energy": 46.057156, "activity_lines": [ 18.187333, 18.730908, 20.678523, 20.745096 ] }, { "date": "2025-02-14", "close": 20.33, "volume": 45970610, "typical_volume": 47135992.3, "trend": 20.466333, "fair_value": 16.848269, "relative_strength": -18.220555, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.695297, "energy": 24.088154, "activity_lines": [ 18.946666, 18.835999, 20.560666, 20.741397 ] }, { "date": "2025-02-21", "close": 20.85, "volume": 32666792, "typical_volume": 47590679.35, "trend": 20.581666, "fair_value": 16.924808, "relative_strength": -17.113245, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.182611, "energy": 12.109204, "activity_lines": [ 19.694, 19.103818, 20.490381, 20.76615 ] }, { "date": "2025-02-28", "close": 20.200001, "volume": 67777594, "typical_volume": 48109904.1, "trend": 20.652, "fair_value": 16.999423, "relative_strength": -15.884106, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.953007, "energy": 16.595757, "activity_lines": [ 20.063333, 19.295273, 20.363095, 20.741527 ] }, { "date": "2025-03-07", "close": 20.4, "volume": 25574964, "typical_volume": 44771372.45, "trend": 20.756333, "fair_value": 17.076218, "relative_strength": -15.813215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.318026, "energy": 24.758784, "activity_lines": [ 20.342667, 19.556727, 20.25219, 20.725269 ] }, { "date": "2025-03-14", "close": 20.030001, "volume": 20333729, "typical_volume": 42161245.35, "trend": 20.793, "fair_value": 17.14859, "relative_strength": -17.270441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.92687, "energy": 20.651348, "activity_lines": [ 20.292001, 19.749818, 20.119048, 20.678408 ] }, { "date": "2025-03-21", "close": 19.4, "volume": 26082121, "typical_volume": 38295115.8, "trend": 20.821333, "fair_value": 17.216218, "relative_strength": -16.67049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.442115, "energy": 17.30019, "activity_lines": [ 19.971334, 19.784909, 19.939095, 20.588537 ] }, { "date": "2025-03-28", "close": 18.5, "volume": 10067710, "typical_volume": 32874934.5, "trend": 20.789666, "fair_value": 17.274808, "relative_strength": -18.993241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.802329, "energy": 31.225762, "activity_lines": [ 19.412667, 19.622727, 19.689952, 20.438774 ] }, { "date": "2025-04-04", "close": 18.049999, "volume": 6808700, "typical_volume": 28326857.5, "trend": 20.774, "fair_value": 17.328461, "relative_strength": -18.265676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.978375, "energy": 55.092276, "activity_lines": [ 18.860666, 19.377455, 19.45, 20.262021 ] }, { "date": "2025-04-11", "close": 15.99, "volume": 19651700, "typical_volume": 25399091.85, "trend": 20.741333, "fair_value": 17.369295, "relative_strength": -22.853943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.109792, "energy": 75.229931, "activity_lines": [ 17.765333, 18.754, 19.050762, 19.953376 ] }, { "date": "2025-04-18", "close": 16.08, "volume": 10972200, "typical_volume": 23702162.1, "trend": 20.706, "fair_value": 17.415128, "relative_strength": -21.358002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.461512, "energy": 80.825866, "activity_lines": [ 16.994, 18.170727, 18.704238, 19.652645 ] }, { "date": "2025-04-25", "close": 16.18, "volume": 10475100, "typical_volume": 22429549.55, "trend": 20.581333, "fair_value": 17.462179, "relative_strength": -21.276791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.385814, "energy": 80.80749, "activity_lines": [ 16.519333, 17.661091, 18.400667, 19.360645 ] }, { "date": "2025-05-02", "close": 16.379999, "volume": 9462150, "typical_volume": 21068726.85, "trend": 20.398, "fair_value": 17.510064, "relative_strength": -19.517024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.315594, "energy": 76.961703, "activity_lines": [ 16.326, 17.263273, 18.153762, 19.089591 ] }, { "date": "2025-05-09", "close": 17.18, "volume": 15005532, "typical_volume": 20596445.1, "trend": 20.316, "fair_value": 17.566923, "relative_strength": -16.936253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.05523, "energy": 60.24234, "activity_lines": [ 16.540666, 17.092182, 18.015286, 18.881978 ] }, { "date": "2025-05-16", "close": 17.4, "volume": 11109808, "typical_volume": 20143894.5, "trend": 20.125, "fair_value": 17.624231, "relative_strength": -15.769264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.867996, "energy": 44.076952, "activity_lines": [ 16.886666, 17.016, 17.920952, 18.693849 ] }, { "date": "2025-05-23", "close": 16.889999, "volume": 11286200, "typical_volume": 19882149.5, "trend": 19.928, "fair_value": 17.688077, "relative_strength": -17.333653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.334545, "energy": 34.389686, "activity_lines": [ 16.968666, 16.901636, 17.792047, 18.48514 ] }, { "date": "2025-05-30", "close": 16.84, "volume": 10875699, "typical_volume": 19419359.45, "trend": 19.727, "fair_value": 17.752051, "relative_strength": -16.281489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.770767, "energy": 31.582964, "activity_lines": [ 16.98, 16.835272, 17.661952, 18.285914 ] }, { "date": "2025-06-06", "close": 17.209999, "volume": 7233772, "typical_volume": 18799587.05, "trend": 19.319666, "fair_value": 17.816026, "relative_strength": -15.305164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.056753, "energy": 28.657912, "activity_lines": [ 17.070666, 16.882727, 17.570476, 18.123527 ] }, { "date": "2025-06-13", "close": 16.450001, "volume": 12218400, "typical_volume": 18668414.65, "trend": 19.008, "fair_value": 17.873013, "relative_strength": -18.092535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.17292, "energy": 35.058442, "activity_lines": [ 16.852667, 16.815454, 17.412428, 17.938387 ] }, { "date": "2025-06-20", "close": 18.610001, "volume": 56394302, "typical_volume": 21339470.35, "trend": 18.786333, "fair_value": 17.945897, "relative_strength": -5.961698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.187916, "energy": 13.684036, "activity_lines": [ 17.403334, 17.17, 17.466762, 17.91271 ] }, { "date": "2025-06-27", "close": 18.75, "volume": 37253886, "typical_volume": 22361048.45, "trend": 18.641333, "fair_value": 18.016667, "relative_strength": -8.156149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.494339, "energy": 12.395886, "activity_lines": [ 17.92, 17.502364, 17.52819, 17.910366 ] }, { "date": "2025-07-04", "close": 18.469999, "volume": 44800191, "typical_volume": 22302527.5, "trend": 18.454333, "fair_value": 18.087436, "relative_strength": -10.286907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.8557, "energy": 14.238181, "activity_lines": [ 18.219333, 17.735273, 17.564762, 17.899312 ] }, { "date": "2025-07-11", "close": 18.26, "volume": 18965265, "typical_volume": 21617451.15, "trend": 18.291333, "fair_value": 18.156731, "relative_strength": -12.438607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.528777, "energy": 26.358729, "activity_lines": [ 18.34, 17.888364, 17.59019, 17.886774 ] }, { "date": "2025-07-18", "close": 18.040001, "volume": 14469678, "typical_volume": 18952055.35, "trend": 18.157667, "fair_value": 18.222949, "relative_strength": -14.913696, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.118128, "energy": 25.208118, "activity_lines": [ 18.317334, 17.967273, 17.607, 17.870559 ] }, { "date": "2025-07-25", "close": 18.16, "volume": 11135900, "typical_volume": 18230102.15, "trend": 18.085, "fair_value": 18.288974, "relative_strength": -15.968032, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.883649, "energy": 24.2392, "activity_lines": [ 18.228667, 18.052364, 17.645524, 17.87071 ] }, { "date": "2025-08-01", "close": 17.75, "volume": 19173792, "typical_volume": 18172105.3, "trend": 18.088667, "fair_value": 18.352628, "relative_strength": -16.127141, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.260522, "energy": 10.998062, "activity_lines": [ 18.033333, 18.049091, 17.655667, 17.849097 ] }, { "date": "2025-08-08", "close": 18.52, "volume": 28254800, "typical_volume": 18280739.25, "trend": 18.121, "fair_value": 18.422628, "relative_strength": -13.227894, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.314202, "energy": 7.581595, "activity_lines": [ 18.161333, 18.170182, 17.75, 17.876925 ] }, { "date": "2025-08-15", "close": 18.48, "volume": 18563174, "typical_volume": 18705512.45, "trend": 18.122667, "fair_value": 18.488141, "relative_strength": -16.613415, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.943181, "energy": 12.176776, "activity_lines": [ 18.272667, 18.253455, 17.844714, 17.900086 ] }, { "date": "2025-08-22", "close": 19.98, "volume": 65169769, "typical_volume": 21623565.9, "trend": 18.193667, "fair_value": 18.560705, "relative_strength": -13.235407, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 45.353016, "energy": 39.29248, "activity_lines": [ 18.869333, 18.586364, 18.082381, 18.019914 ] }, { "date": "2025-08-29", "close": 19.42, "volume": 42918344, "typical_volume": 22786898.1, "trend": 18.264333, "fair_value": 18.627756, "relative_strength": -18.525956, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.22615, "energy": 48.792365, "activity_lines": [ 19.15, 18.753273, 18.257524, 18.099032 ] }, { "date": "2025-09-05", "close": 19.07, "volume": 20887392, "typical_volume": 23282657.7, "trend": 18.262333, "fair_value": 18.693654, "relative_strength": -18.687745, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.650703, "energy": 45.631602, "activity_lines": [ 19.23, 18.841818, 18.383, 18.151011 ] }, { "date": "2025-09-12", "close": 18.809999, "volume": 13493297, "typical_volume": 23433567.55, "trend": 18.211667, "fair_value": 18.755641, "relative_strength": -21.322019, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.504596, "energy": 41.077886, "activity_lines": [ 19.135333, 18.877273, 18.469476, 18.186344 ] }, { "date": "2025-09-19", "close": 18.93, "volume": 24801727, "typical_volume": 24200546.4, "trend": 18.147667, "fair_value": 18.799743, "relative_strength": -21.156243, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.11464, "energy": 34.061362, "activity_lines": [ 19.061333, 18.928363, 18.554857, 18.232688 ] }, { "date": "2025-09-26", "close": 17.32, "volume": 23681898, "typical_volume": 24634364.7, "trend": 18.051667, "fair_value": 18.853269, "relative_strength": -28.026839, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 14.520725, "energy": 11.857923, "activity_lines": [ 18.420666, 18.674545, 18.474762, 18.17929 ] }, { "date": "2025-10-03", "close": 17.35, "volume": 4781500, "typical_volume": 24317949.3, "trend": 17.95, "fair_value": 18.90782, "relative_strength": -28.998515, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.016714, "energy": 16.768152, "activity_lines": [ 17.967333, 18.439273, 18.396857, 18.134021 ] }, { "date": "2025-10-10", "close": 17.25, "volume": 4803000, "typical_volume": 23993789.3, "trend": 17.857333, "fair_value": 18.965641, "relative_strength": -27.997138, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.53248, "energy": 28.434148, "activity_lines": [ 17.618667, 18.200545, 18.309667, 18.08886 ] }, { "date": "2025-10-17", "close": 16.190001, "volume": 13282600, "typical_volume": 24114134.35, "trend": 17.750333, "fair_value": 19.017692, "relative_strength": -28.134677, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.420796, "energy": 50.160291, "activity_lines": [ 17.038, 17.778182, 18.11981, 17.98129 ] }, { "date": "2025-10-24", "close": 17.34, "volume": 10366877, "typical_volume": 24270789.6, "trend": 17.711667, "fair_value": 19.080128, "relative_strength": -25.829994, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.040005, "energy": 46.619195, "activity_lines": [ 17.015334, 17.607273, 18.042571, 17.954817 ] }, { "date": "2025-10-31", "close": 16.959999, "volume": 11164834, "typical_volume": 24218111.3, "trend": 17.675333, "fair_value": 19.136987, "relative_strength": -27.206401, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.43026, "energy": 43.814959, "activity_lines": [ 16.972, 17.388, 17.928524, 17.906323 ] }, { "date": "2025-11-07", "close": 17.27, "volume": 28427700, "typical_volume": 22819781.2, "trend": 17.718, "fair_value": 19.194038, "relative_strength": -24.900709, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.314185, "energy": 31.95408, "activity_lines": [ 17.056, 17.28, 17.841571, 17.880172 ] }, { "date": "2025-11-14", "close": 19.469999, "volume": 36961359, "typical_volume": 22805154.85, "trend": 17.831, "fair_value": 19.267115, "relative_strength": -13.227682, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.234332, "energy": 11.682754, "activity_lines": [ 17.878666, 17.611091, 17.970524, 17.993204 ] }, { "date": "2025-11-21", "close": 19.09, "volume": 92687190, "typical_volume": 25199504.8, "trend": 17.928, "fair_value": 19.33109, "relative_strength": -9.40004, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.195332, "energy": 20.606173, "activity_lines": [ 18.426666, 17.865818, 18.059857, 18.07443 ] }, { "date": "2025-11-28", "close": 18.559999, "volume": 73981882, "typical_volume": 27950335.65, "trend": 18.000667, "fair_value": 19.392308, "relative_strength": -14.20739, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.76402, "energy": 27.776189, "activity_lines": [ 18.604666, 18.019091, 18.095762, 18.115204 ] }, { "date": "2025-12-05", "close": 19.15, "volume": 66445793, "typical_volume": 30549141.4, "trend": 18.066333, "fair_value": 19.458141, "relative_strength": -11.792712, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.12498, "energy": 37.466302, "activity_lines": [ 18.898, 18.286363, 18.186428, 18.189355 ] }, { "date": "2025-12-12", "close": 16.889999, "volume": 39461355, "typical_volume": 31965414.15, "trend": 18.049333, "fair_value": 19.510064, "relative_strength": -22.046571, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 17.041086, "energy": 12.880067, "activity_lines": [ 18.291999, 18.109454, 18.056571, 18.113462 ] }, { "date": "2025-12-19", "close": 16.549999, "volume": 15441138, "typical_volume": 31778781.45, "trend": 18.038, "fair_value": 19.557436, "relative_strength": -22.185997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.469076, "energy": 27.174389, "activity_lines": [ 17.597999, 17.87909, 17.900381, 18.016731 ] }, { "date": "2025-12-26", "close": 16.52, "volume": 11784604, "typical_volume": 30955271.65, "trend": 18.027333, "fair_value": 19.606987, "relative_strength": -24.350969, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.96639, "energy": 45.303407, "activity_lines": [ 17.088666, 17.655999, 17.747047, 17.918795 ] }, { "date": "2026-01-02", "close": 16.379999, "volume": 6530900, "typical_volume": 30353657.95, "trend": 17.999667, "fair_value": 19.655897, "relative_strength": -24.034797, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.348336, "energy": 58.931578, "activity_lines": [ 16.703999, 17.401454, 17.589904, 17.812516 ] }, { "date": "2026-01-09", "close": 16.780001, "volume": 16814048, "typical_volume": 27935871.9, "trend": 18.010667, "fair_value": 19.712308, "relative_strength": -24.913333, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.128018, "energy": 61.808659, "activity_lines": [ 16.598, 17.237091, 17.480857, 17.733828 ] }, { "date": "2026-01-16", "close": 16.74, "volume": 18635200, "typical_volume": 26721714.7, "trend": 17.948333, "fair_value": 19.769102, "relative_strength": -25.354544, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.166691, "energy": 56.402222, "activity_lines": [ 16.636667, 17.068727, 17.383238, 17.651849 ] }, { "date": "2026-01-23", "close": 16.950001, "volume": 13689060, "typical_volume": 26361798.1, "trend": 17.888333, "fair_value": 19.82391, "relative_strength": -24.731648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.81917, "energy": 37.39903, "activity_lines": [ 16.755334, 16.948182, 17.318381, 17.587441 ] }, { "date": "2026-01-30", "close": 16.09, "volume": 16232130, "typical_volume": 26498739.75, "trend": 17.809, "fair_value": 19.871667, "relative_strength": -26.860031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.604774, "energy": 36.952437, "activity_lines": [ 16.560667, 16.717091, 17.181714, 17.471419 ] }, { "date": "2026-02-06", "close": 16.219999, "volume": 10351300, "typical_volume": 25776218.4, "trend": 17.741, "fair_value": 19.918013, "relative_strength": -24.077267, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.875413, "energy": 36.503828, "activity_lines": [ 16.438, 16.564182, 17.070381, 17.368903 ] }, { "date": "2026-02-13", "close": 16.379999, "volume": 9546296, "typical_volume": 25069438.3, "trend": 17.685666, "fair_value": 19.956859, "relative_strength": -23.683306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.344198, "energy": 38.493532, "activity_lines": [ 16.379333, 16.482909, 16.98719, 17.281097 ] }, { "date": "2026-02-27", "close": 16.4, "volume": 7524868, "typical_volume": 25206606.7, "trend": 17.627, "fair_value": 19.987692, "relative_strength": -24.94593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.032393, "energy": 45.574826, "activity_lines": [ 16.354, 16.455636, 16.910381, 17.19815 ] }, { "date": "2026-03-06", "close": 13.29, "volume": 54761775, "typical_volume": 27704545.45, "trend": 17.478333, "fair_value": 20.005705, "relative_strength": -37.018854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.711766, "energy": 79.563395, "activity_lines": [ 15.314666, 15.871818, 16.541905, 16.918344 ] }, { "date": "2026-03-13", "close": 12.36, "volume": 26172692, "typical_volume": 28349050.05, "trend": 17.273, "fair_value": 20.019231, "relative_strength": -41.096901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.810308, "energy": 95.396724, "activity_lines": [ 14.209333, 15.178182, 16.103714, 16.588129 ] }, { "date": "2026-03-20", "close": 11.75, "volume": 18021244, "typical_volume": 28731768.4, "trend": 17.048666, "fair_value": 20.028333, "relative_strength": -41.582659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.786329, "energy": 97.209953, "activity_lines": [ 13.149333, 14.449273, 15.625666, 16.231806 ] }, { "date": "2026-03-27", "close": 12.21, "volume": 29079920, "typical_volume": 29627522.7, "trend": 16.789666, "fair_value": 20.041218, "relative_strength": -38.066966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.655055, "energy": 91.368559, "activity_lines": [ 12.540667, 13.888182, 15.218047, 15.919634 ] }, { "date": "2026-04-03", "close": 11.37, "volume": 20625900, "typical_volume": 29237432.7, "trend": 16.521333, "fair_value": 20.050449, "relative_strength": -39.847152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.349919, "energy": 93.282081, "activity_lines": [ 11.93, 13.257454, 14.753047, 15.569978 ] }, { "date": "2026-04-10", "close": 11.88, "volume": 14334104, "typical_volume": 28106069.95, "trend": 16.281666, "fair_value": 20.059231, "relative_strength": -40.61548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.388798, "energy": 88.06915, "activity_lines": [ 11.824667, 12.817091, 14.364714, 15.270537 ] }, { "date": "2026-04-17", "close": 11.66, "volume": 17602423, "typical_volume": 24351831.6, "trend": 16.043333, "fair_value": 20.068269, "relative_strength": -43.313341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.942625, "energy": 68.32808, "activity_lines": [ 11.74, 12.428909, 13.991571, 14.972365 ] }, { "date": "2026-04-24", "close": 11.55, "volume": 16995300, "typical_volume": 21502502.5, "trend": 15.797333, "fair_value": 20.076795, "relative_strength": -43.368059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.378261, "energy": 67.729793, "activity_lines": [ 11.665333, 12.101273, 13.643333, 14.682473 ] }, { "date": "2026-05-01", "close": 12.58, "volume": 28567591, "typical_volume": 19608592.4, "trend": 15.639333, "fair_value": 20.095577, "relative_strength": -38.306347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.3124, "energy": 61.74258, "activity_lines": [ 11.947333, 12.045818, 13.426571, 14.474903 ] }, { "date": "2026-05-08", "close": 12.86, "volume": 15034410, "typical_volume": 18387245.15, "trend": 15.489667, "fair_value": 20.122179, "relative_strength": -38.050896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.533413, "energy": 51.387734, "activity_lines": [ 12.298, 12.110364, 13.267762, 14.295591 ] }, { "date": "2026-05-15", "close": 12.35, "volume": 16595543, "typical_volume": 18444965.4, "trend": 15.326333, "fair_value": 20.145192, "relative_strength": -39.713607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.5119, "energy": 43.380898, "activity_lines": [ 12.379333, 12.146545, 13.079571, 14.093032 ] }, { "date": "2026-05-22", "close": 12.17, "volume": 18307494, "typical_volume": 18771109.9, "trend": 15.192333, "fair_value": 20.167179, "relative_strength": -39.913659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.563093, "energy": 35.312117, "activity_lines": [ 12.369333, 12.167091, 12.894238, 13.889398 ] }, { "date": "2026-05-29", "close": 11.57, "volume": 51348193, "typical_volume": 21011974.55, "trend": 15.0, "fair_value": 20.184295, "relative_strength": -42.000992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.431233, "energy": 39.681129, "activity_lines": [ 12.125333, 12.082, 12.672476, 13.655699 ] }, { "date": "2026-06-05", "close": 11.59, "volume": 6666036, "typical_volume": 20504573.95, "trend": 14.821, "fair_value": 20.198654, "relative_strength": -40.084749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.389217, "energy": 51.939974, "activity_lines": [ 11.886667, 12.003818, 12.475524, 13.435699 ] }, { "date": "2026-06-12", "close": 10.43, "volume": 3974600, "typical_volume": 19771543.95, "trend": 14.593, "fair_value": 20.20282, "relative_strength": -43.968575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.643615, "energy": 63.686321, "activity_lines": [ 11.327333, 11.726, 12.192809, 13.152409 ] }, { "date": "2026-06-19", "close": 10.62, "volume": 19902626, "typical_volume": 20082222.25, "trend": 14.298, "fair_value": 20.206731, "relative_strength": -45.941796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.126738, "energy": 75.342973, "activity_lines": [ 10.993333, 11.499818, 11.958238, 12.896086 ] }, { "date": "2026-06-26", "close": 9.67, "volume": 4259200, "typical_volume": 19483575.75, "trend": 13.984, "fair_value": 20.204487, "relative_strength": -49.004359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.913536, "energy": 90.238612, "activity_lines": [ 10.458, 11.123818, 11.663333, 12.597505 ] }, { "date": "2026-07-03", "close": 9.67, "volume": 5278700, "typical_volume": 19229945.75, "trend": 13.687667, "fair_value": 20.199808, "relative_strength": -47.401458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.497082, "energy": 90.294331, "activity_lines": [ 10.089333, 10.784, 11.399, 12.319183 ] }, { "date": "2026-07-10", "close": 9.47, "volume": 20281419, "typical_volume": 19766701.9, "trend": 13.365, "fair_value": 20.195513, "relative_strength": -45.602278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.592561, "energy": 87.082998, "activity_lines": [ 9.780667, 10.442, 11.14681, 12.047075 ] }, { "date": "2026-07-17", "close": 8.99, "volume": 21719207, "typical_volume": 20476418.85, "trend": 13.101667, "fair_value": 20.185897, "relative_strength": -42.303679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.021349, "energy": 87.146042, "activity_lines": [ 9.453333, 10.069273, 10.88181, 11.764817 ] }, { "date": "2026-07-24", "close": 8.64, "volume": 21229602, "typical_volume": 18799810.2, "trend": 12.838, "fair_value": 20.175192, "relative_strength": -43.848512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.499395, "energy": 79.197301, "activity_lines": [ 9.105333, 9.703273, 10.618762, 11.476968 ] }, { "date": "2026-07-31", "close": 9.52, "volume": 20463429, "typical_volume": 18514347.05, "trend": 12.604667, "fair_value": 20.168461, "relative_strength": -36.221866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.35956, "energy": 63.201583, "activity_lines": [ 9.182667, 9.564727, 10.461667, 11.262903 ] }, { "date": "2026-08-07", "close": 9.86, "volume": 16558978, "typical_volume": 18441233.75, "trend": 12.387333, "fair_value": 20.166154, "relative_strength": -36.291179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.301923, "energy": 56.20045, "activity_lines": [ 9.383333, 9.536182, 10.350476, 11.085828 ] } ], "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." } } }