{ "ticker": { "uuid": "dc0a7e9e-059e-4909-9791-afb1d60f5967", "symbol": "300813", "name": "Zhejiang Tailin BioEngineering 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": -61.862, "architecture_energy": 55.239, "architecture_maturity": 42.636, "architecture_confidence": 95.587, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 13.46, "rotation_up": 21.77, "upward_expansion": 8.95, "deceleration": 53.04, "rotation_down": 56.01, "downward_expansion": 79.95 }, "activity_lines": [ 18.997333, 19.368182, 20.894702, 22.307118 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 19.98, "trend_reference": 23.811482, "distance_from_trend": -0.160909, "trend_direction": "Weakening", "fair_value": 22.060347, "distance_from_fair_value": -0.094303, "fair_value_direction": "Weakening", "relative_strength": -26.599223, "relative_strength_direction": "Weakening", "price_momentum": -0.187844, "excess_performance": -0.195243, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.160909, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.089093, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.094303, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.215018, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.265992, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.063428, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.187844, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.572326, "read": "Supply-led" } ], "volume": { "latest": 11563482, "relative_activity": 0.811812, "balance": 0.572326, "dry_up": 0.945862, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.100947, "annualized_volatility": 0.506034, "from_high_reference": -0.525238, "from_low_reference": 0.183649 }, "levels": { "trend_reference": 23.811482, "fair_value_reference": 22.060347, "structural_low": 16.879999, "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": 25, "median_return": 0.015494, "positive_rate": 0.56, "directional_follow_through": 0.44, "median_excess_return": 0.00803, "regime_survival": 0.76, "best_return": 0.916326, "worst_return": -0.331671, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.037078, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.013728, "regime_survival": 0.555556, "best_return": 0.57898, "worst_return": -0.360636, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.009543, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.021989, "regime_survival": 0.4, "best_return": 0.721538, "worst_return": -0.1384, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.057482, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.011587, "regime_survival": 0.0, "best_return": 0.468342, "worst_return": -0.130178, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-10-11", "tenure": "Established", "return": -0.069458, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": 0.09178, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-13", "tenure": "Developing", "return": -0.153385, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.130709, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": 0.095046, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-25", "tenure": "Developing", "return": -0.068669, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.055492, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.015022, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-10-24", "tenure": "Established", "return": 0.611352, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": -0.149079, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-30", "tenure": "Developing", "return": -0.010843, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": 0.115902, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": -0.210946, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": -0.067227, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 27.507284, "volume": 3633190, "typical_volume": 7071659.35, "trend": 30.475341, "fair_value": 30.38504, "relative_strength": -11.092632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.33441, "energy": 31.522081, "activity_lines": [ 27.861559, 27.847875, 28.310267, 29.179382 ] }, { "date": "2023-08-04", "close": 26.965027, "volume": 3461336, "typical_volume": 6907727.65, "trend": 30.212311, "fair_value": 30.361858, "relative_strength": -13.963149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.736037, "energy": 40.224045, "activity_lines": [ 27.523059, 27.663777, 28.11735, 28.95291 ] }, { "date": "2023-08-11", "close": 27.241083, "volume": 5660359, "typical_volume": 6887731.2, "trend": 30.003248, "fair_value": 30.325622, "relative_strength": -9.760029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.961362, "energy": 43.473019, "activity_lines": [ 27.356766, 27.571638, 27.965507, 28.761218 ] }, { "date": "2023-08-18", "close": 25.436842, "volume": 6888261, "typical_volume": 6915931.5, "trend": 29.773805, "fair_value": 30.234686, "relative_strength": -13.042355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.885054, "energy": 67.665058, "activity_lines": [ 26.649529, 27.176909, 27.656265, 28.466611 ] }, { "date": "2023-08-25", "close": 26.88615, "volume": 9425356, "typical_volume": 6204682.95, "trend": 29.574418, "fair_value": 30.180875, "relative_strength": -5.382467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.391325, "energy": 52.036244, "activity_lines": [ 26.62258, 27.078317, 27.509147, 28.280311 ] }, { "date": "2023-09-01", "close": 25.88051, "volume": 10448139, "typical_volume": 5900773.5, "trend": 29.291993, "fair_value": 30.137373, "relative_strength": -11.963182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.934589, "energy": 47.848576, "activity_lines": [ 26.313658, 26.812297, 27.299634, 28.041994 ] }, { "date": "2023-09-08", "close": 23.829786, "volume": 6396662, "typical_volume": 5691598.9, "trend": 28.943211, "fair_value": 30.086994, "relative_strength": -17.570065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.068003, "energy": 70.342606, "activity_lines": [ 25.429612, 26.193853, 26.928264, 27.689594 ] }, { "date": "2023-09-15", "close": 24.559372, "volume": 6010292, "typical_volume": 5334030.1, "trend": 28.578737, "fair_value": 30.049549, "relative_strength": -14.032811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.401129, "energy": 59.20842, "activity_lines": [ 24.997778, 25.786936, 26.656877, 27.406766 ] }, { "date": "2023-09-22", "close": 24.805851, "volume": 3641198, "typical_volume": 5381615.25, "trend": 28.295501, "fair_value": 30.015824, "relative_strength": -13.664434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.149386, "energy": 61.532822, "activity_lines": [ 24.826885, 25.490083, 26.429058, 27.163354 ] }, { "date": "2023-09-29", "close": 24.638243, "volume": 3259750, "typical_volume": 5259033.85, "trend": 28.047941, "fair_value": 29.994511, "relative_strength": -13.888691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.12854, "energy": 63.176597, "activity_lines": [ 24.642188, 25.228006, 26.200981, 26.927402 ] }, { "date": "2023-10-13", "close": 24.825571, "volume": 4423470, "typical_volume": 5175294.25, "trend": 27.829383, "fair_value": 29.964358, "relative_strength": -12.850788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.687887, "energy": 45.707803, "activity_lines": [ 24.669794, 25.05538, 26.00173, 26.719507 ] }, { "date": "2023-10-20", "close": 23.366402, "volume": 3469039, "typical_volume": 4967790.1, "trend": 27.605949, "fair_value": 29.90976, "relative_strength": -13.706226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.150093, "energy": 49.529133, "activity_lines": [ 24.28134, 24.666209, 25.680225, 26.431572 ] }, { "date": "2023-10-27", "close": 24.352327, "volume": 4323496, "typical_volume": 4922894.8, "trend": 27.408628, "fair_value": 29.885218, "relative_strength": -11.818546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.044139, "energy": 42.073962, "activity_lines": [ 24.25242, 24.521726, 25.480693, 26.221661 ] }, { "date": "2023-11-03", "close": 24.795994, "volume": 4090447, "typical_volume": 4883239.9, "trend": 27.218593, "fair_value": 29.858084, "relative_strength": -10.88431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.733496, "energy": 37.334655, "activity_lines": [ 24.385191, 24.510433, 25.343838, 26.053104 ] }, { "date": "2023-11-10", "close": 25.663607, "volume": 5106548, "typical_volume": 4930128.4, "trend": 26.944193, "fair_value": 29.817588, "relative_strength": -8.895878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.384195, "energy": 26.69622, "activity_lines": [ 24.807824, 24.66854, 25.301208, 25.952783 ] }, { "date": "2023-11-17", "close": 27.398832, "volume": 9069820, "typical_volume": 5238246.35, "trend": 26.760644, "fair_value": 29.797127, "relative_strength": -2.718269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.103531, "energy": 12.480795, "activity_lines": [ 25.740508, 25.16437, 25.433698, 25.982114 ] }, { "date": "2023-11-24", "close": 26.196005, "volume": 7792582, "typical_volume": 5398754.6, "trend": 26.626029, "fair_value": 29.762926, "relative_strength": -5.27411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.554102, "energy": 19.060785, "activity_lines": [ 26.100699, 25.413898, 25.449754, 25.945686 ] }, { "date": "2023-12-01", "close": 26.077694, "volume": 4672014, "typical_volume": 5405481.9, "trend": 26.535985, "fair_value": 29.728976, "relative_strength": -3.474606, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.34375, "energy": 18.198299, "activity_lines": [ 26.232813, 25.598894, 25.463933, 25.910309 ] }, { "date": "2023-12-08", "close": 24.9636, "volume": 4217184, "typical_volume": 5461081.65, "trend": 26.431312, "fair_value": 29.700064, "relative_strength": -5.089598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.414009, "energy": 17.319262, "activity_lines": [ 25.878537, 25.55372, 25.381866, 25.808865 ] }, { "date": "2023-12-15", "close": 24.648104, "volume": 3342492, "typical_volume": 5466581.75, "trend": 26.354738, "fair_value": 29.67418, "relative_strength": -2.769883, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.881324, "energy": 18.462195, "activity_lines": [ 25.407923, 25.448316, 25.286091, 25.69382 ] }, { "date": "2023-12-22", "close": 23.869225, "volume": 2743774, "typical_volume": 5422110.95, "trend": 26.205864, "fair_value": 29.652126, "relative_strength": -2.783904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.362894, "energy": 41.226508, "activity_lines": [ 24.745382, 25.201118, 25.130597, 25.533464 ] }, { "date": "2023-12-29", "close": 24.174862, "volume": 3578231, "typical_volume": 5427955.7, "trend": 26.036285, "fair_value": 29.626328, "relative_strength": -3.654372, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.003994, "energy": 47.053547, "activity_lines": [ 24.420028, 25.026879, 25.021535, 25.402431 ] }, { "date": "2024-01-05", "close": 23.721334, "volume": 2378274, "typical_volume": 5263851.45, "trend": 25.872293, "fair_value": 29.615684, "relative_strength": -0.455953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.524412, "energy": 61.215887, "activity_lines": [ 24.07824, 24.75548, 24.882566, 25.25308 ] }, { "date": "2024-01-12", "close": 23.356544, "volume": 2723894, "typical_volume": 5055633.1, "trend": 25.743137, "fair_value": 29.608019, "relative_strength": -0.260711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.740339, "energy": 66.379525, "activity_lines": [ 23.771946, 24.429229, 24.725617, 25.090773 ] }, { "date": "2024-01-19", "close": 21.759344, "volume": 2993039, "typical_volume": 4734017.25, "trend": 25.54398, "fair_value": 29.598612, "relative_strength": -4.535872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.287727, "energy": 76.273741, "activity_lines": [ 23.04039, 23.83875, 24.426459, 24.833755 ] }, { "date": "2024-01-26", "close": 20.81286, "volume": 4575041, "typical_volume": 4440362.35, "trend": 25.337593, "fair_value": 29.586108, "relative_strength": -8.151612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.388744, "energy": 83.782306, "activity_lines": [ 22.185923, 23.147169, 24.061573, 24.528521 ] }, { "date": "2024-02-02", "close": 15.85366, "volume": 5952775, "typical_volume": 4418168.0, "trend": 24.92712, "fair_value": 29.552717, "relative_strength": -23.459133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.911318, "energy": 96.329259, "activity_lines": [ 19.882146, 21.67366, 23.248514, 23.916654 ] }, { "date": "2024-02-09", "close": 13.763501, "volume": 12265997, "typical_volume": 4730953.25, "trend": 24.447633, "fair_value": 29.50572, "relative_strength": -38.721143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.094905, "energy": 97.972751, "activity_lines": [ 17.436397, 20.008166, 22.274374, 23.196421 ] }, { "date": "2024-02-23", "close": 16.642399, "volume": 11955306, "typical_volume": 5146658.65, "trend": 24.055892, "fair_value": 29.476939, "relative_strength": -27.372327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.260991, "energy": 88.327307, "activity_lines": [ 16.614136, 19.090001, 21.625824, 22.692857 ] }, { "date": "2024-03-01", "close": 16.445215, "volume": 12018977, "typical_volume": 5584620.0, "trend": 23.681241, "fair_value": 29.454618, "relative_strength": -30.329572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.850593, "energy": 87.440268, "activity_lines": [ 16.173757, 18.28728, 20.997368, 22.201846 ] }, { "date": "2024-03-08", "close": 15.922674, "volume": 6213498, "typical_volume": 5674121.4, "trend": 23.295087, "fair_value": 29.434414, "relative_strength": -31.477324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.114219, "energy": 79.757756, "activity_lines": [ 15.913473, 17.538694, 20.35816, 21.701293 ] }, { "date": "2024-03-15", "close": 17.155079, "volume": 10229255, "typical_volume": 6012132.2, "trend": 22.968089, "fair_value": 29.422733, "relative_strength": -27.527884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.795673, "energy": 60.265443, "activity_lines": [ 16.390002, 17.158665, 19.878719, 21.305164 ] }, { "date": "2024-03-22", "close": 17.253672, "volume": 8964160, "typical_volume": 6244165.4, "trend": 22.635175, "fair_value": 29.406486, "relative_strength": -26.210758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.41943, "energy": 52.266315, "activity_lines": [ 16.812635, 16.924194, 19.438246, 20.936492 ] }, { "date": "2024-03-29", "close": 19.018478, "volume": 18863974, "typical_volume": 6982841.75, "trend": 22.42123, "fair_value": 29.405888, "relative_strength": -16.81721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.505028, "energy": 36.819209, "activity_lines": [ 17.590859, 17.128191, 19.199652, 20.703156 ] }, { "date": "2024-04-05", "close": 18.683264, "volume": 13743945, "typical_volume": 7414711.6, "trend": 22.1478, "fair_value": 29.397082, "relative_strength": -19.10323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.669617, "energy": 26.30238, "activity_lines": [ 18.098939, 17.350114, 18.956645, 20.461997 ] }, { "date": "2024-04-12", "close": 17.371984, "volume": 9012772, "typical_volume": 7411859.2, "trend": 21.864183, "fair_value": 29.390624, "relative_strength": -21.754197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.914113, "energy": 24.699593, "activity_lines": [ 18.020722, 17.389551, 18.621995, 20.15388 ] }, { "date": "2024-04-19", "close": 14.591678, "volume": 10755208, "typical_volume": 7559990.5, "trend": 21.556246, "fair_value": 29.356689, "relative_strength": -33.975059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.220419, "energy": 39.354453, "activity_lines": [ 16.919116, 16.986039, 18.0703, 19.684686 ] }, { "date": "2024-04-26", "close": 15.902954, "volume": 6947160, "typical_volume": 7673747.8, "trend": 21.267699, "fair_value": 29.332882, "relative_strength": -28.807161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.58455, "energy": 40.972939, "activity_lines": [ 16.425496, 16.843886, 17.698747, 19.319958 ] }, { "date": "2024-05-03", "close": 17.608604, "volume": 6976471, "typical_volume": 7811712.15, "trend": 21.02779, "fair_value": 29.322653, "relative_strength": -21.67159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.273895, "energy": 38.773317, "activity_lines": [ 16.590473, 16.972953, 17.538088, 19.083887 ] }, { "date": "2024-05-10", "close": 25.032614, "volume": 48424298, "typical_volume": 10065802.45, "trend": 21.040936, "fair_value": 29.355944, "relative_strength": 9.672697, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.749585, "energy": 9.22438, "activity_lines": [ 19.324113, 18.434272, 18.119502, 19.342263 ] }, { "date": "2024-05-17", "close": 21.039621, "volume": 52527195, "typical_volume": 12554973.5, "trend": 20.914738, "fair_value": 29.355708, "relative_strength": -7.350907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -4.212117, "energy": 18.042, "activity_lines": [ 20.303464, 19.013457, 18.318799, 19.342178 ] }, { "date": "2024-05-24", "close": 20.11285, "volume": 24514099, "typical_volume": 13601766.9, "trend": 20.806286, "fair_value": 29.344658, "relative_strength": -8.518833, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.639339, "energy": 23.02316, "activity_lines": [ 20.729383, 19.331104, 18.443307, 19.290443 ] }, { "date": "2024-05-31", "close": 19.478752, "volume": 11468873, "typical_volume": 14056296.85, "trend": 20.643833, "fair_value": 29.340446, "relative_strength": -10.483144, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -2.656788, "energy": 22.750679, "activity_lines": [ 20.575857, 19.479682, 18.526767, 19.204796 ] }, { "date": "2024-06-07", "close": 17.239588, "volume": 12182188, "typical_volume": 14529211.55, "trend": 20.391953, "fair_value": 29.32797, "relative_strength": -19.295589, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.072471, "energy": 12.098497, "activity_lines": [ 19.437557, 19.180683, 18.417177, 18.985167 ] }, { "date": "2024-06-14", "close": 17.754793, "volume": 7942057, "typical_volume": 14776662.45, "trend": 20.128326, "fair_value": 29.315826, "relative_strength": -16.375464, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.524681, "energy": 18.851268, "activity_lines": [ 18.495593, 19.007702, 18.385782, 18.815028 ] }, { "date": "2024-06-21", "close": 17.378298, "volume": 10974642, "typical_volume": 15096642.5, "trend": 19.794308, "fair_value": 29.303319, "relative_strength": -16.030277, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.926064, "energy": 25.291695, "activity_lines": [ 17.913319, 18.783148, 18.3376, 18.637607 ] }, { "date": "2024-06-28", "close": 16.793737, "volume": 7486281, "typical_volume": 15173317.8, "trend": 19.480899, "fair_value": 29.27827, "relative_strength": -16.482274, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.243782, "energy": 30.926969, "activity_lines": [ 17.380279, 18.452196, 18.2501, 18.444021 ] }, { "date": "2024-07-05", "close": 16.516317, "volume": 5901959, "typical_volume": 14855115.9, "trend": 19.162187, "fair_value": 29.249324, "relative_strength": -16.029734, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.625172, "energy": 38.560553, "activity_lines": [ 16.97604, 18.030766, 18.131703, 18.252758 ] }, { "date": "2024-07-12", "close": 17.586361, "volume": 17989534, "typical_volume": 15156827.3, "trend": 18.916279, "fair_value": 29.225565, "relative_strength": -11.764109, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.331078, "energy": 34.040352, "activity_lines": [ 17.125978, 17.792737, 18.102106, 18.151092 ] }, { "date": "2024-07-19", "close": 15.991203, "volume": 9004853, "typical_volume": 15006121.1, "trend": 18.627716, "fair_value": 29.194506, "relative_strength": -19.668941, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.271066, "energy": 39.103575, "activity_lines": [ 16.721079, 17.265085, 17.916094, 17.962377 ] }, { "date": "2024-07-26", "close": 15.842587, "volume": 4332719, "typical_volume": 14912082.15, "trend": 18.360161, "fair_value": 29.157838, "relative_strength": -17.068827, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.962224, "energy": 39.029935, "activity_lines": [ 16.384213, 16.8748, 17.718091, 17.782691 ] }, { "date": "2024-08-02", "close": 17.021618, "volume": 9423996, "typical_volume": 14871819.2, "trend": 18.121719, "fair_value": 29.133265, "relative_strength": -9.997806, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.466747, "energy": 28.06137, "activity_lines": [ 16.542739, 16.793376, 17.632757, 17.696334 ] }, { "date": "2024-08-09", "close": 16.456871, "volume": 9987197, "typical_volume": 14922971.05, "trend": 17.879571, "fair_value": 29.110922, "relative_strength": -10.925925, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.957104, "energy": 37.767645, "activity_lines": [ 16.497824, 16.665476, 17.494273, 17.588924 ] }, { "date": "2024-08-16", "close": 17.05134, "volume": 8822680, "typical_volume": 14420906.35, "trend": 17.669397, "fair_value": 29.087047, "relative_strength": -6.933312, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.607804, "energy": 32.689651, "activity_lines": [ 16.655028, 16.700603, 17.4162, 17.53549 ] }, { "date": "2024-08-23", "close": 15.287748, "volume": 5263698, "typical_volume": 13996894.0, "trend": 17.453677, "fair_value": 28.928717, "relative_strength": -14.357039, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.412989, "energy": 41.666251, "activity_lines": [ 16.260036, 16.418501, 17.179533, 17.381835 ] }, { "date": "2024-08-30", "close": 16.68475, "volume": 7396543, "typical_volume": 13916082.55, "trend": 17.316074, "fair_value": 28.810323, "relative_strength": -8.044266, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.137194, "energy": 24.308167, "activity_lines": [ 16.377608, 16.435254, 17.092083, 17.332227 ] }, { "date": "2024-09-06", "close": 16.090282, "volume": 23145628, "typical_volume": 14535603.55, "trend": 17.323961, "fair_value": 28.726622, "relative_strength": -8.398963, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.791662, "energy": 31.793094, "activity_lines": [ 16.24088, 16.356532, 16.951289, 17.253144 ] }, { "date": "2024-09-13", "close": 16.30825, "volume": 19496549, "typical_volume": 15163073.0, "trend": 17.408786, "fair_value": 28.654526, "relative_strength": -5.082201, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.548273, "energy": 28.403852, "activity_lines": [ 16.238898, 16.33023, 16.824119, 17.187614 ] }, { "date": "2024-09-20", "close": 15.882219, "volume": 4281705, "typical_volume": 15028334.7, "trend": 17.383447, "fair_value": 28.544031, "relative_strength": -8.322843, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.72714, "energy": 27.652885, "activity_lines": [ 16.104813, 16.230252, 16.654443, 17.089126 ] }, { "date": "2024-09-27", "close": 17.883596, "volume": 12750178, "typical_volume": 13244628.7, "trend": 17.431393, "fair_value": 28.43571, "relative_strength": -11.963008, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.333905, "energy": 11.668191, "activity_lines": [ 16.715795, 16.525144, 16.683596, 17.121393 ] }, { "date": "2024-10-04", "close": 20.687504, "volume": 6471017, "typical_volume": 10941819.8, "trend": 17.59022, "fair_value": 28.349363, "relative_strength": -7.582509, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.461313, "energy": 26.165954, "activity_lines": [ 18.088356, 17.295431, 17.013831, 17.331465 ] }, { "date": "2024-10-11", "close": 18.715851, "volume": 21236939, "typical_volume": 10777961.8, "trend": 17.642246, "fair_value": 28.251451, "relative_strength": -12.033695, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.369868, "energy": 28.468867, "activity_lines": [ 18.53685, 17.619146, 17.157966, 17.404086 ] }, { "date": "2024-10-18", "close": 19.647184, "volume": 10922429, "typical_volume": 10750639.6, "trend": 17.72203, "fair_value": 28.135005, "relative_strength": -9.837298, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.045284, "energy": 42.560593, "activity_lines": [ 19.12075, 18.081391, 17.397452, 17.533437 ] }, { "date": "2024-10-25", "close": 20.360546, "volume": 11887374, "typical_volume": 10735898.9, "trend": 17.766765, "fair_value": 27.976122, "relative_strength": -8.431394, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.539259, "energy": 57.024875, "activity_lines": [ 19.719842, 18.615331, 17.704075, 17.703664 ] }, { "date": "2024-11-01", "close": 21.450405, "volume": 15116435, "typical_volume": 11094617.8, "trend": 17.859004, "fair_value": 27.877711, "relative_strength": -1.615211, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 73.941679, "energy": 68.971974, "activity_lines": [ 20.383664, 19.287261, 18.099632, 17.941318 ] }, { "date": "2024-11-08", "close": 23.124826, "volume": 25713386, "typical_volume": 11831555.0, "trend": 18.050765, "fair_value": 27.790034, "relative_strength": -0.236979, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.568016, "energy": 77.685461, "activity_lines": [ 21.36784, 20.151582, 18.63706, 18.281049 ] }, { "date": "2024-11-15", "close": 22.827593, "volume": 14701351, "typical_volume": 12192308.5, "trend": 18.325295, "fair_value": 27.724449, "relative_strength": 2.688289, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.27596, "energy": 76.383139, "activity_lines": [ 22.090451, 20.844769, 19.118816, 18.589231 ] }, { "date": "2024-11-22", "close": 20.836123, "volume": 10466327, "typical_volume": 12420526.9, "trend": 18.489734, "fair_value": 27.646307, "relative_strength": -2.807143, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.362342, "energy": 65.312389, "activity_lines": [ 21.875121, 21.053373, 19.382175, 18.75122 ] }, { "date": "2024-11-29", "close": 20.291191, "volume": 13840672, "typical_volume": 12213083.8, "trend": 18.579154, "fair_value": 27.588281, "relative_strength": -6.233442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.281852, "energy": 44.245715, "activity_lines": [ 21.398886, 21.080574, 19.573065, 18.867443 ] }, { "date": "2024-12-06", "close": 20.241653, "volume": 10333658, "typical_volume": 12279524.05, "trend": 18.419455, "fair_value": 27.537131, "relative_strength": -7.313917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.83979, "energy": 31.245107, "activity_lines": [ 20.910761, 21.018606, 19.746357, 18.974701 ] }, { "date": "2024-12-13", "close": 19.577829, "volume": 18099834, "typical_volume": 12967879.8, "trend": 18.370729, "fair_value": 27.457878, "relative_strength": -9.019542, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.670021, "energy": 22.521858, "activity_lines": [ 20.281945, 20.793068, 19.836188, 19.049435 ] }, { "date": "2024-12-20", "close": 18.874374, "volume": 9346286, "typical_volume": 12963994.3, "trend": 18.329446, "fair_value": 27.352386, "relative_strength": -11.01405, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.17102, "energy": 21.438162, "activity_lines": [ 19.65511, 20.459805, 19.841236, 19.081928 ] }, { "date": "2024-12-27", "close": 17.933134, "volume": 8882742, "typical_volume": 12908771.55, "trend": 18.277926, "fair_value": 27.205044, "relative_strength": -14.812454, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.648638, "energy": 17.503412, "activity_lines": [ 18.978077, 19.952525, 19.74782, 19.05636 ] }, { "date": "2025-01-03", "close": 16.30825, "volume": 9149231, "typical_volume": 12925099.1, "trend": 18.246881, "fair_value": 27.066925, "relative_strength": -15.830119, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.261242, "energy": 34.619729, "activity_lines": [ 17.952948, 19.180976, 19.492622, 18.929284 ] }, { "date": "2025-01-10", "close": 16.407331, "volume": 14699368, "typical_volume": 13396882.6, "trend": 18.201966, "fair_value": 26.93571, "relative_strength": -13.657739, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.798703, "energy": 55.745394, "activity_lines": [ 17.226376, 18.501121, 19.2504, 18.810603 ] }, { "date": "2025-01-17", "close": 17.199957, "volume": 8673585, "typical_volume": 13460734.7, "trend": 18.196021, "fair_value": 26.782265, "relative_strength": -11.952599, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.722106, "energy": 56.31945, "activity_lines": [ 17.019633, 18.057071, 19.078335, 18.745957 ] }, { "date": "2025-01-24", "close": 17.49719, "volume": 6185232, "typical_volume": 12612714.9, "trend": 18.219469, "fair_value": 26.618698, "relative_strength": -10.882521, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.239855, "energy": 54.766861, "activity_lines": [ 17.070494, 17.774788, 18.932124, 18.700872 ] }, { "date": "2025-01-31", "close": 17.447651, "volume": 1161839, "typical_volume": 11695979.4, "trend": 18.250514, "fair_value": 26.432069, "relative_strength": -9.338282, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.136514, "energy": 41.386143, "activity_lines": [ 17.196653, 17.580415, 18.774495, 18.651077 ] }, { "date": "2025-02-07", "close": 18.527603, "volume": 8590489, "typical_volume": 11911418.6, "trend": 18.281889, "fair_value": 26.250363, "relative_strength": -7.346008, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.067994, "energy": 13.70794, "activity_lines": [ 17.715162, 17.644006, 18.714293, 18.668954 ] }, { "date": "2025-02-14", "close": 18.834745, "volume": 8602225, "typical_volume": 11704020.95, "trend": 18.376673, "fair_value": 26.09907, "relative_strength": -7.510346, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.523949, "energy": 9.853511, "activity_lines": [ 18.188095, 17.795505, 18.670746, 18.704622 ] }, { "date": "2025-02-21", "close": 18.468155, "volume": 9920202, "typical_volume": 11876480.2, "trend": 18.464192, "fair_value": 25.990676, "relative_strength": -11.166956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.186458, "energy": 12.576485, "activity_lines": [ 18.377004, 17.905932, 18.587757, 18.710524 ] }, { "date": "2025-02-28", "close": 17.199957, "volume": 12832661, "typical_volume": 11456266.3, "trend": 18.470137, "fair_value": 25.892001, "relative_strength": -14.196761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.340519, "energy": 15.375576, "activity_lines": [ 18.058633, 17.805954, 18.394555, 18.62896 ] }, { "date": "2025-03-07", "close": 17.834055, "volume": 10333788, "typical_volume": 11426834.25, "trend": 18.516043, "fair_value": 25.797838, "relative_strength": -12.892322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.467413, "energy": 8.32559, "activity_lines": [ 17.971444, 17.85171, 18.268961, 18.587923 ] }, { "date": "2025-03-14", "close": 18.517696, "volume": 13610198, "typical_volume": 11512975.45, "trend": 18.564922, "fair_value": 25.701581, "relative_strength": -10.572719, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.106306, "energy": 8.754012, "activity_lines": [ 18.086375, 18.023565, 18.21711, 18.588029 ] }, { "date": "2025-03-21", "close": 19.072533, "volume": 24037034, "typical_volume": 11959005.4, "trend": 18.691081, "fair_value": 25.600076, "relative_strength": -5.369031, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.711453, "energy": 7.16845, "activity_lines": [ 18.386912, 18.256129, 18.226877, 18.620778 ] }, { "date": "2025-03-28", "close": 19.468843, "volume": 13366828, "typical_volume": 11341677.5, "trend": 18.783884, "fair_value": 25.495261, "relative_strength": -2.485554, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.182709, "energy": 16.815824, "activity_lines": [ 18.8037, 18.512291, 18.28571, 18.670957 ] }, { "date": "2025-04-04", "close": 19.141888, "volume": 8914916, "typical_volume": 11052355.75, "trend": 18.885604, "fair_value": 25.422496, "relative_strength": -1.777358, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.759567, "energy": 19.991947, "activity_lines": [ 19.044791, 18.667753, 18.330815, 18.694054 ] }, { "date": "2025-04-11", "close": 16.625303, "volume": 15715291, "typical_volume": 11314803.95, "trend": 18.896173, "fair_value": 25.329718, "relative_strength": -9.905087, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.462375, "energy": 19.840271, "activity_lines": [ 18.317557, 18.335752, 18.153795, 18.548228 ] }, { "date": "2025-04-18", "close": 16.595579, "volume": 8356947, "typical_volume": 11040617.7, "trend": 18.919952, "fair_value": 25.230631, "relative_strength": -9.695694, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.149972, "energy": 35.459211, "activity_lines": [ 17.660999, 18.013297, 17.993996, 18.399802 ] }, { "date": "2025-04-25", "close": 17.199957, "volume": 8860947, "typical_volume": 10966982.15, "trend": 18.897164, "fair_value": 25.05692, "relative_strength": -7.735924, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.599633, "energy": 44.047762, "activity_lines": [ 17.334042, 17.835857, 17.909355, 18.288835 ] }, { "date": "2025-05-02", "close": 17.31885, "volume": 6777622, "typical_volume": 10400871.55, "trend": 18.784875, "fair_value": 24.950053, "relative_strength": -6.853208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.625046, "energy": 42.198131, "activity_lines": [ 17.171554, 17.709758, 17.850522, 18.187008 ] }, { "date": "2025-05-09", "close": 17.903412, "volume": 6286461, "typical_volume": 10247880.3, "trend": 18.757794, "fair_value": 24.816549, "relative_strength": -5.085909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.589329, "energy": 41.0213, "activity_lines": [ 17.347253, 17.710839, 17.858118, 18.13014 ] }, { "date": "2025-05-16", "close": 18.279909, "volume": 7822015, "typical_volume": 10194843.95, "trend": 18.712218, "fair_value": 24.706888, "relative_strength": -3.22141, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.012038, "energy": 18.584056, "activity_lines": [ 17.731016, 17.767584, 17.906195, 18.099308 ] }, { "date": "2025-05-23", "close": 18.527603, "volume": 14543487, "typical_volume": 10464556.75, "trend": 18.65112, "fair_value": 24.613829, "relative_strength": -1.14017, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.036535, "energy": 11.052894, "activity_lines": [ 18.087036, 17.861258, 17.97621, 18.087398 ] }, { "date": "2025-05-30", "close": 19.174471, "volume": 9266356, "typical_volume": 10192906.15, "trend": 18.575255, "fair_value": 24.507037, "relative_strength": 3.429858, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.33102, "energy": 13.901999, "activity_lines": [ 18.529878, 18.072364, 18.097263, 18.121162 ] }, { "date": "2025-06-06", "close": 20.060976, "volume": 16107546, "typical_volume": 10564604.2, "trend": 18.473127, "fair_value": 24.423389, "relative_strength": 6.572411, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.620572, "energy": 31.774116, "activity_lines": [ 19.136587, 18.442799, 18.289569, 18.217015 ] }, { "date": "2025-06-13", "close": 19.652586, "volume": 12425333, "typical_volume": 10876609.25, "trend": 18.367293, "fair_value": 24.347958, "relative_strength": 5.013459, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.807225, "energy": 44.179573, "activity_lines": [ 19.424357, 18.728216, 18.429356, 18.293109 ] }, { "date": "2025-06-20", "close": 18.805922, "volume": 6709912, "typical_volume": 11154012.9, "trend": 18.29962, "fair_value": 24.275901, "relative_strength": 1.704886, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.074619, "energy": 51.314708, "activity_lines": [ 19.313295, 18.850408, 18.478245, 18.321408 ] }, { "date": "2025-06-27", "close": 19.891645, "volume": 8427942, "typical_volume": 11145885.55, "trend": 18.286302, "fair_value": 24.204936, "relative_strength": 3.684769, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.766371, "energy": 51.596381, "activity_lines": [ 19.529073, 19.130357, 18.624068, 18.424119 ] }, { "date": "2025-07-04", "close": 20.947487, "volume": 15342314, "typical_volume": 11482890.0, "trend": 18.30983, "fair_value": 24.143672, "relative_strength": 7.730131, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.282533, "energy": 53.064407, "activity_lines": [ 20.005862, 19.542349, 18.863952, 18.595809 ] }, { "date": "2025-07-11", "close": 20.74827, "volume": 7342327, "typical_volume": 11353996.25, "trend": 18.348844, "fair_value": 24.074592, "relative_strength": 4.887291, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.669648, "energy": 61.605403, "activity_lines": [ 20.298044, 19.849982, 19.074802, 18.753127 ] }, { "date": "2025-07-18", "close": 22.680658, "volume": 16490755, "typical_volume": 11536900.95, "trend": 18.475721, "fair_value": 24.02213, "relative_strength": 12.039888, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.612444, "energy": 79.625071, "activity_lines": [ 21.188536, 20.446606, 19.458832, 19.032599 ] }, { "date": "2025-07-25", "close": 24.483557, "volume": 27725601, "typical_volume": 12406491.6, "trend": 18.694068, "fair_value": 23.985121, "relative_strength": 17.765318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.474387, "energy": 88.453167, "activity_lines": [ 22.478123, 21.28417, 19.988468, 19.420202 ] }, { "date": "2025-08-01", "close": 23.965597, "volume": 15693179, "typical_volume": 12510640.65, "trend": 18.949313, "fair_value": 23.940175, "relative_strength": 16.89844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.072106, "energy": 86.972677, "activity_lines": [ 23.216548, 21.914766, 20.43711, 19.7603 ] }, { "date": "2025-08-08", "close": 24.573202, "volume": 11687055, "typical_volume": 11893141.7, "trend": 19.221509, "fair_value": 23.911051, "relative_strength": 18.081567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.711543, "energy": 88.717399, "activity_lines": [ 23.88591, 22.556964, 20.917676, 20.123132 ] }, { "date": "2025-08-15", "close": 23.646852, "volume": 12451637, "typical_volume": 11847382.15, "trend": 19.436405, "fair_value": 23.878729, "relative_strength": 8.699122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.725461, "energy": 80.365287, "activity_lines": [ 24.004775, 22.932575, 21.283825, 20.408638 ] }, { "date": "2025-08-22", "close": 26.943865, "volume": 24001049, "typical_volume": 12601688.8, "trend": 19.751294, "fair_value": 23.869562, "relative_strength": 18.024758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.41449, "energy": 82.456181, "activity_lines": [ 25.029406, 23.842445, 21.944081, 20.89299 ] }, { "date": "2025-08-29", "close": 32.501972, "volume": 41727674, "typical_volume": 13902307.95, "trend": 20.253105, "fair_value": 23.903479, "relative_strength": 35.646642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.052908, "energy": 90.721709, "activity_lines": [ 27.622525, 25.630312, 23.096527, 21.715614 ] }, { "date": "2025-09-05", "close": 30.878368, "volume": 19728108, "typical_volume": 14470866.0, "trend": 20.664797, "fair_value": 23.923284, "relative_strength": 29.327246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.309468, "energy": 86.831125, "activity_lines": [ 29.139882, 26.873959, 24.018741, 22.401115 ] }, { "date": "2025-09-12", "close": 34.215221, "volume": 17607774, "typical_volume": 14908207.35, "trend": 21.17748, "fair_value": 23.965153, "relative_strength": 38.753479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.75966, "energy": 94.485602, "activity_lines": [ 31.308672, 28.524548, 25.190738, 23.275336 ] }, { "date": "2025-09-19", "close": 36.894672, "volume": 34315452, "typical_volume": 16285098.85, "trend": 21.791697, "fair_value": 24.031364, "relative_strength": 46.674638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.849419, "energy": 93.669807, "activity_lines": [ 33.72781, 30.421078, 26.536895, 24.289349 ] }, { "date": "2025-09-26", "close": 34.020134, "volume": 14615637, "typical_volume": 16701557.65, "trend": 22.352369, "fair_value": 24.085208, "relative_strength": 32.908147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.870606, "energy": 79.178712, "activity_lines": [ 34.305582, 31.501394, 27.516068, 25.07828 ] }, { "date": "2025-10-03", "close": 36.477253, "volume": 7775354, "typical_volume": 16699224.6, "trend": 22.973809, "fair_value": 24.159708, "relative_strength": 38.158699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.943006, "energy": 71.225676, "activity_lines": [ 35.230642, 32.822286, 28.652507, 25.989563 ] }, { "date": "2025-10-10", "close": 34.519547, "volume": 6682147, "typical_volume": 16306157.6, "trend": 23.507204, "fair_value": 24.233104, "relative_strength": 31.480348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.549575, "energy": 64.93697, "activity_lines": [ 35.238114, 33.569165, 29.515843, 26.734449 ] }, { "date": "2025-10-17", "close": 31.45314, "volume": 12128401, "typical_volume": 16449259.85, "trend": 23.919891, "fair_value": 24.25746, "relative_strength": 25.379553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.119221, "energy": 53.650778, "activity_lines": [ 33.980706, 33.566625, 30.010989, 27.24709 ] }, { "date": "2025-10-24", "close": 32.052437, "volume": 10159036, "typical_volume": 16151834.35, "trend": 24.339344, "fair_value": 24.294313, "relative_strength": 21.413258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.017064, "energy": 42.535928, "activity_lines": [ 33.107202, 33.547959, 30.50474, 27.77177 ] }, { "date": "2025-10-31", "close": 29.81506, "volume": 18637244, "typical_volume": 16462429.9, "trend": 24.695117, "fair_value": 24.296819, "relative_strength": 11.994642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.765854, "energy": 26.690717, "activity_lines": [ 31.810721, 32.969668, 30.728306, 28.125042 ] }, { "date": "2025-11-07", "close": 28.986032, "volume": 25993039, "typical_volume": 17426586.25, "trend": 25.107141, "fair_value": 24.296751, "relative_strength": 8.575431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.504166, "energy": 24.760849, "activity_lines": [ 30.518236, 32.188441, 30.824524, 28.401876 ] }, { "date": "2025-11-14", "close": 29.385563, "volume": 17642590, "typical_volume": 17887318.65, "trend": 25.533474, "fair_value": 24.31122, "relative_strength": 11.530573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.573131, "energy": 22.043233, "activity_lines": [ 29.858342, 31.543782, 30.910316, 28.677903 ] }, { "date": "2025-11-21", "close": 26.149357, "volume": 12185271, "typical_volume": 17729466.5, "trend": 25.831787, "fair_value": 24.278829, "relative_strength": 4.524054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.037397, "energy": 16.219864, "activity_lines": [ 28.461979, 30.337864, 30.642689, 28.717637 ] }, { "date": "2025-11-28", "close": 26.538898, "volume": 12428178, "typical_volume": 17983759.05, "trend": 26.139122, "fair_value": 24.215704, "relative_strength": 2.307219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.541674, "energy": 20.90599, "activity_lines": [ 27.549049, 29.349424, 30.38739, 28.763257 ] }, { "date": "2025-12-05", "close": 25.819742, "volume": 9936933, "typical_volume": 17656067.95, "trend": 26.403, "fair_value": 24.072465, "relative_strength": -1.786938, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.000826, "energy": 24.880462, "activity_lines": [ 26.763969, 28.418515, 30.036025, 28.742652 ] }, { "date": "2025-12-12", "close": 25.370268, "volume": 8586899, "typical_volume": 16699132.85, "trend": 26.639345, "fair_value": 23.956979, "relative_strength": -4.381181, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.146753, "energy": 48.408255, "activity_lines": [ 26.095419, 27.554981, 29.626905, 28.676024 ] }, { "date": "2025-12-19", "close": 24.870853, "volume": 7070770, "typical_volume": 16268012.4, "trend": 26.850787, "fair_value": 23.733114, "relative_strength": -5.529694, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.488028, "energy": 57.196737, "activity_lines": [ 25.501448, 26.80259, 29.166, 28.561928 ] }, { "date": "2025-12-26", "close": 24.681076, "volume": 8044653, "typical_volume": 16085892.3, "trend": 27.03434, "fair_value": 23.553096, "relative_strength": -9.560509, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.441597, "energy": 56.008288, "activity_lines": [ 25.145199, 26.191125, 28.68271, 28.421947 ] }, { "date": "2026-01-02", "close": 24.541241, "volume": 6450462, "typical_volume": 15785833.55, "trend": 27.183682, "fair_value": 23.420417, "relative_strength": -9.692847, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.722601, "energy": 58.139476, "activity_lines": [ 24.840223, 25.677363, 28.185589, 28.261102 ] }, { "date": "2026-01-09", "close": 26.169333, "volume": 19242124, "typical_volume": 15547887.3, "trend": 27.400907, "fair_value": 23.333281, "relative_strength": -7.917764, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.477291, "energy": 43.078379, "activity_lines": [ 25.211122, 25.596186, 27.839265, 28.19566 ] }, { "date": "2026-01-16", "close": 25.879671, "volume": 24630074, "typical_volume": 14693007.3, "trend": 27.636699, "fair_value": 23.275741, "relative_strength": -10.065829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.990199, "energy": 30.640423, "activity_lines": [ 25.462161, 25.528628, 27.469042, 28.097515 ] }, { "date": "2026-01-23", "close": 26.35911, "volume": 11931575, "typical_volume": 14303180.65, "trend": 27.852281, "fair_value": 23.229883, "relative_strength": -9.514102, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.774133, "energy": 21.313247, "activity_lines": [ 25.839053, 25.604721, 27.176015, 28.01509 ] }, { "date": "2026-01-30", "close": 24.60117, "volume": 25592023, "typical_volume": 14702393.1, "trend": 27.974071, "fair_value": 23.180403, "relative_strength": -14.170357, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.47389, "energy": 32.39296, "activity_lines": [ 25.530747, 25.416215, 26.737085, 27.805341 ] }, { "date": "2026-02-06", "close": 25.25041, "volume": 8953827, "typical_volume": 13434311.85, "trend": 28.124142, "fair_value": 23.131573, "relative_strength": -10.064907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.164436, "energy": 34.196303, "activity_lines": [ 25.444182, 25.373901, 26.40577, 27.629621 ] }, { "date": "2026-02-13", "close": 25.759813, "volume": 10481507, "typical_volume": 13227605.35, "trend": 28.22678, "fair_value": 23.076487, "relative_strength": -9.573779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.699098, "energy": 32.609852, "activity_lines": [ 25.48014, 25.447633, 26.178417, 27.477084 ] }, { "date": "2026-02-27", "close": 26.029495, "volume": 6674044, "typical_volume": 13172539.85, "trend": 28.278312, "fair_value": 23.023515, "relative_strength": -11.214046, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.728102, "energy": 35.204869, "activity_lines": [ 25.633294, 25.571487, 26.016083, 27.335323 ] }, { "date": "2026-03-06", "close": 25.360279, "volume": 21371888, "typical_volume": 13907026.9, "trend": 28.324801, "fair_value": 22.958557, "relative_strength": -11.670063, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.548042, "energy": 32.271161, "activity_lines": [ 25.553387, 25.561681, 25.839766, 27.147063 ] }, { "date": "2026-03-13", "close": 25.739836, "volume": 14254777, "typical_volume": 14013345.7, "trend": 28.363689, "fair_value": 22.910076, "relative_strength": -11.160067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.224307, "energy": 23.765226, "activity_lines": [ 25.666588, 25.611985, 25.743213, 26.980291 ] }, { "date": "2026-03-20", "close": 28.176979, "volume": 34245509, "typical_volume": 15217669.35, "trend": 28.514693, "fair_value": 22.885153, "relative_strength": -0.167445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.761613, "energy": 9.795164, "activity_lines": [ 26.516259, 26.086157, 25.905974, 26.968246 ] }, { "date": "2026-03-27", "close": 30.124697, "volume": 40459724, "typical_volume": 16308793.35, "trend": 28.620721, "fair_value": 22.877091, "relative_strength": 7.144654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.969947, "energy": 21.791929, "activity_lines": [ 27.820064, 26.848355, 26.272687, 27.072117 ] }, { "date": "2026-04-03", "close": 26.918455, "volume": 42792689, "typical_volume": 17148775.85, "trend": 28.434604, "fair_value": 22.856892, "relative_strength": -1.504761, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.463543, "energy": 18.297138, "activity_lines": [ 27.76413, 26.955683, 26.332569, 26.962293 ] }, { "date": "2026-04-10", "close": 29.115879, "volume": 20563863, "typical_volume": 17294839.5, "trend": 28.375854, "fair_value": 22.849482, "relative_strength": -0.761476, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.796548, "energy": 27.685907, "activity_lines": [ 28.381407, 27.443657, 26.611576, 27.006246 ] }, { "date": "2026-04-17", "close": 26.82856, "volume": 23304053, "typical_volume": 17850778.6, "trend": 28.129632, "fair_value": 22.825966, "relative_strength": -12.18778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.678742, "energy": 14.894279, "activity_lines": [ 27.98587, 27.465631, 26.674026, 26.906421 ] }, { "date": "2026-04-24", "close": 24.930782, "volume": 17154563, "typical_volume": 18087097.85, "trend": 27.730836, "fair_value": 22.768499, "relative_strength": -18.677849, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.187053, "energy": 16.523577, "activity_lines": [ 26.88516, 27.102057, 26.552502, 26.700044 ] }, { "date": "2026-05-01", "close": 25.599998, "volume": 9575702, "typical_volume": 18069036.3, "trend": 27.450164, "fair_value": 22.72167, "relative_strength": -17.388511, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.695282, "energy": 19.174177, "activity_lines": [ 26.223934, 26.86597, 26.50237, 26.56257 ] }, { "date": "2026-05-08", "close": 25.43, "volume": 8160171, "typical_volume": 18047699.9, "trend": 27.081923, "fair_value": 22.690872, "relative_strength": -20.256412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.243037, "energy": 24.981202, "activity_lines": [ 25.807689, 26.60188, 26.437095, 26.432237 ] }, { "date": "2026-05-15", "close": 24.59, "volume": 13065829, "typical_volume": 18347452.85, "trend": 26.750938, "fair_value": 22.66402, "relative_strength": -22.74233, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.245992, "energy": 33.698975, "activity_lines": [ 25.210675, 26.195962, 26.291534, 26.271468 ] }, { "date": "2026-05-22", "close": 23.77, "volume": 9667653, "typical_volume": 18428602.85, "trend": 26.494833, "fair_value": 22.636239, "relative_strength": -25.299801, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.125988, "energy": 53.180004, "activity_lines": [ 24.642052, 25.654959, 26.069216, 26.079149 ] }, { "date": "2026-05-29", "close": 21.42, "volume": 11241457, "typical_volume": 18668152.6, "trend": 26.140419, "fair_value": 22.60082, "relative_strength": -32.299889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.098976, "energy": 67.370205, "activity_lines": [ 23.494, 24.722498, 25.627427, 25.751741 ] }, { "date": "2026-06-05", "close": 20.799999, "volume": 1863770, "typical_volume": 17799234.9, "trend": 25.839917, "fair_value": 22.552516, "relative_strength": -32.790632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.796956, "energy": 76.962345, "activity_lines": [ 22.373333, 23.800164, 25.141453, 25.407197 ] }, { "date": "2026-06-12", "close": 20.15, "volume": 1972400, "typical_volume": 16666351.2, "trend": 25.545382, "fair_value": 22.494104, "relative_strength": -32.964763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.412134, "energy": 82.086601, "activity_lines": [ 21.356, 22.929188, 24.619143, 25.040106 ] }, { "date": "2026-06-19", "close": 19.58, "volume": 6733885, "typical_volume": 16406466.7, "trend": 25.21853, "fair_value": 22.43602, "relative_strength": -38.775776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.052545, "energy": 86.741775, "activity_lines": [ 20.500666, 22.077638, 24.069832, 24.655243 ] }, { "date": "2026-06-26", "close": 18.35, "volume": 1635446, "typical_volume": 15208637.85, "trend": 24.958551, "fair_value": 22.379089, "relative_strength": -41.312861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.550567, "energy": 92.186996, "activity_lines": [ 19.569333, 21.175832, 23.435658, 24.212112 ] }, { "date": "2026-07-03", "close": 20.52, "volume": 2827316, "typical_volume": 14902312.3, "trend": 24.757922, "fair_value": 22.332845, "relative_strength": -33.205901, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.193757, "energy": 85.516252, "activity_lines": [ 19.722667, 20.822727, 23.03792, 23.925753 ] }, { "date": "2026-07-10", "close": 22.0, "volume": 19970533, "typical_volume": 15376763.6, "trend": 24.630597, "fair_value": 22.300766, "relative_strength": -25.379754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.935708, "energy": 68.324728, "activity_lines": [ 20.429333, 20.818909, 22.803659, 23.747823 ] }, { "date": "2026-07-17", "close": 19.75, "volume": 19007897, "typical_volume": 15993456.25, "trend": 24.443255, "fair_value": 22.246805, "relative_strength": -26.101659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.708798, "energy": 55.960816, "activity_lines": [ 20.306, 20.471454, 22.373016, 23.432946 ] }, { "date": "2026-07-24", "close": 17.08, "volume": 12956960, "typical_volume": 15572709.85, "trend": 24.183559, "fair_value": 22.175855, "relative_strength": -35.876413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.877636, "energy": 62.840671, "activity_lines": [ 19.319333, 19.741818, 21.71799, 22.957897 ] }, { "date": "2026-07-31", "close": 18.08, "volume": 10363242, "typical_volume": 15378133.1, "trend": 23.963524, "fair_value": 22.109736, "relative_strength": -30.54905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.607287, "energy": 60.608884, "activity_lines": [ 18.832667, 19.330545, 21.197632, 22.564119 ] }, { "date": "2026-08-07", "close": 19.98, "volume": 11563482, "typical_volume": 14244031.75, "trend": 23.811482, "fair_value": 22.060347, "relative_strength": -26.599223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.861738, "energy": 55.239403, "activity_lines": [ 18.997333, 19.368182, 20.894702, 22.307118 ] } ], "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." } } }