{ "ticker": { "uuid": "e32e1010-010a-44eb-8664-bac2fb0b9178", "symbol": "300602", "name": "Shenzhen FRD Science & 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 73.516, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -17.309, "architecture_energy": 29.714, "architecture_maturity": 61.102, "architecture_confidence": 55.972, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 47.53, "rotation_up": 14.13, "upward_expansion": 15.51, "deceleration": 72.9, "rotation_down": 62.28, "downward_expansion": 40.51 }, "activity_lines": [ 35.904, 39.59, 40.080245, 38.863264 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 37.299999, "trend_reference": 37.347755, "distance_from_trend": -0.001279, "trend_direction": "Improving", "fair_value": 23.306322, "distance_from_fair_value": 0.600424, "fair_value_direction": "Weakening", "relative_strength": 5.207627, "relative_strength_direction": "Weakening", "price_momentum": 0.065864, "excess_performance": 0.058465, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001279, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.11697, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.600424, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.169025, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.052076, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.003274, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.065864, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.527709, "read": "Demand-led" } ], "volume": { "latest": 96664269, "relative_activity": 0.902623, "balance": 1.527709, "dry_up": 1.096659, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.174118, "annualized_volatility": 0.651226, "from_high_reference": -0.295163, "from_low_reference": 0.585898 }, "levels": { "trend_reference": 37.347755, "fair_value_reference": 23.306322, "structural_low": 28.952824, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.055782, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.042176, "regime_survival": 0.571429, "best_return": 0.304446, "worst_return": -0.079395, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.238316, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.189389, "regime_survival": 0.0, "best_return": 0.395342, "worst_return": -0.519376, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.079019, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.023857, "regime_survival": 0.0, "best_return": 0.404938, "worst_return": -0.183772, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.122376, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.120335, "regime_survival": 0.5, "best_return": 0.446093, "worst_return": -0.201341, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-10-04", "tenure": "Established", "return": 0.073565, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.189635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-06", "tenure": "Developing", "return": 0.029586, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-02-07", "tenure": "Developing", "return": 0.051295, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.002417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.023295, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.232444, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": -0.011207, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-07", "tenure": "Established", "return": 0.323814, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.16261, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-04-03", "tenure": "Developing", "return": -0.121029, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.140511, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": -0.030751, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.054268, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.557522, "volume": 41470467, "typical_volume": 54755569.95, "trend": 16.220673, "fair_value": 18.366318, "relative_strength": -0.890375, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.895009, "energy": 12.796494, "activity_lines": [ 16.117884, 15.948901, 15.911976, 16.112536 ] }, { "date": "2023-08-04", "close": 16.810877, "volume": 52184830, "typical_volume": 56397750.2, "trend": 16.303898, "fair_value": 18.283841, "relative_strength": 5.360478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.217592, "energy": 16.32771, "activity_lines": [ 16.383145, 16.150921, 15.970002, 16.150614 ] }, { "date": "2023-08-11", "close": 16.671616, "volume": 42470671, "typical_volume": 57434258.95, "trend": 16.343687, "fair_value": 18.207392, "relative_strength": 8.425694, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.802171, "energy": 12.431691, "activity_lines": [ 16.508481, 16.289641, 16.009838, 16.174338 ] }, { "date": "2023-08-18", "close": 16.094675, "volume": 38075505, "typical_volume": 57388808.55, "trend": 16.359271, "fair_value": 18.116578, "relative_strength": 7.957461, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.95905, "energy": 9.52904, "activity_lines": [ 16.320809, 16.289279, 15.997523, 16.158272 ] }, { "date": "2023-08-25", "close": 15.02037, "volume": 30348755, "typical_volume": 57671276.0, "trend": 16.320145, "fair_value": 18.026243, "relative_strength": 4.01256, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.112451, "energy": 15.268932, "activity_lines": [ 15.911645, 16.071344, 15.893455, 16.071892 ] }, { "date": "2023-09-01", "close": 17.288345, "volume": 90322530, "typical_volume": 61067799.95, "trend": 16.322798, "fair_value": 17.946636, "relative_strength": 15.625113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.335362, "energy": 7.297855, "activity_lines": [ 16.330756, 16.2938, 16.02168, 16.134356 ] }, { "date": "2023-09-08", "close": 19.228064, "volume": 153027160, "typical_volume": 67111582.95, "trend": 16.374855, "fair_value": 17.885941, "relative_strength": 29.997768, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.671372, "energy": 31.771939, "activity_lines": [ 17.281052, 16.84506, 16.337719, 16.321793 ] }, { "date": "2023-09-15", "close": 18.054285, "volume": 97103109, "typical_volume": 63007156.85, "trend": 16.422271, "fair_value": 17.815244, "relative_strength": 23.008481, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.595656, "energy": 49.530619, "activity_lines": [ 17.678942, 17.113455, 16.529559, 16.430143 ] }, { "date": "2023-09-22", "close": 17.805605, "volume": 46792386, "typical_volume": 62396286.75, "trend": 16.463055, "fair_value": 17.749303, "relative_strength": 20.119863, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.148717, "energy": 55.483581, "activity_lines": [ 17.901761, 17.27858, 16.701979, 16.51939 ] }, { "date": "2023-09-29", "close": 18.969433, "volume": 44088115, "typical_volume": 61515350.6, "trend": 16.548269, "fair_value": 17.705745, "relative_strength": 27.735413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.359057, "energy": 61.67482, "activity_lines": [ 18.398461, 17.661459, 16.971502, 16.681092 ] }, { "date": "2023-10-13", "close": 20.063633, "volume": 101117320, "typical_volume": 64343506.75, "trend": 16.667968, "fair_value": 17.66266, "relative_strength": 34.511238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.875881, "energy": 61.472823, "activity_lines": [ 18.996623, 18.191196, 17.322735, 16.90789 ] }, { "date": "2023-10-20", "close": 17.775764, "volume": 64578197, "typical_volume": 65562329.75, "trend": 16.734615, "fair_value": 17.615578, "relative_strength": 24.640528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.298779, "energy": 43.194557, "activity_lines": [ 18.647143, 18.223028, 17.429929, 16.979361 ] }, { "date": "2023-10-27", "close": 18.919699, "volume": 77607113, "typical_volume": 67157305.6, "trend": 16.789988, "fair_value": 17.577415, "relative_strength": 29.18668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.033443, "energy": 41.524786, "activity_lines": [ 18.775795, 18.445304, 17.631527, 17.120334 ] }, { "date": "2023-11-03", "close": 19.049013, "volume": 79137396, "typical_volume": 68174953.35, "trend": 16.814525, "fair_value": 17.533859, "relative_strength": 28.361296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.864088, "energy": 35.066241, "activity_lines": [ 18.889857, 18.650218, 17.825783, 17.266077 ] }, { "date": "2023-11-10", "close": 18.641172, "volume": 55593591, "typical_volume": 66832172.7, "trend": 16.821156, "fair_value": 17.489022, "relative_strength": 23.647589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.262143, "energy": 28.082942, "activity_lines": [ 18.785078, 18.727263, 17.961302, 17.383925 ] }, { "date": "2023-11-17", "close": 19.257904, "volume": 99572379, "typical_volume": 69507404.7, "trend": 16.865256, "fair_value": 17.453853, "relative_strength": 27.213581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.589226, "energy": 31.556003, "activity_lines": [ 18.907761, 18.850609, 18.145658, 17.541135 ] }, { "date": "2023-11-24", "close": 17.805605, "volume": 89780212, "typical_volume": 71744304.2, "trend": 16.904713, "fair_value": 17.428678, "relative_strength": 18.849518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.053843, "energy": 20.725907, "activity_lines": [ 18.600059, 18.674091, 18.176069, 17.601803 ] }, { "date": "2023-12-01", "close": 17.785709, "volume": 72161378, "typical_volume": 73872824.95, "trend": 16.865919, "fair_value": 17.396771, "relative_strength": 19.529379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.611627, "energy": 15.411927, "activity_lines": [ 18.283736, 18.519818, 18.193168, 17.658641 ] }, { "date": "2023-12-08", "close": 17.308241, "volume": 55320771, "typical_volume": 70741334.3, "trend": 16.945497, "fair_value": 17.362312, "relative_strength": 17.687397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.048012, "energy": 13.836537, "activity_lines": [ 17.883856, 18.283615, 18.150869, 17.687178 ] }, { "date": "2023-12-15", "close": 17.367922, "volume": 58189096, "typical_volume": 69447049.05, "trend": 17.049612, "fair_value": 17.33395, "relative_strength": 19.513917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.592467, "energy": 12.605204, "activity_lines": [ 17.619921, 18.067307, 18.118232, 17.714431 ] }, { "date": "2023-12-22", "close": 17.139135, "volume": 50177603, "typical_volume": 69882405.85, "trend": 17.135158, "fair_value": 17.306788, "relative_strength": 19.231708, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.03843, "energy": 13.178629, "activity_lines": [ 17.364607, 17.83852, 18.05779, 17.720207 ] }, { "date": "2023-12-29", "close": 17.974709, "volume": 45575083, "typical_volume": 69551918.5, "trend": 17.243583, "fair_value": 17.282951, "relative_strength": 20.26476, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.941029, "energy": 11.289578, "activity_lines": [ 17.529069, 17.814827, 18.069396, 17.774372 ] }, { "date": "2024-01-05", "close": 16.572142, "volume": 35356750, "typical_volume": 69196222.45, "trend": 17.302935, "fair_value": 17.253361, "relative_strength": 15.100045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.692148, "energy": 21.49948, "activity_lines": [ 17.214736, 17.532506, 17.941881, 17.731053 ] }, { "date": "2024-01-12", "close": 15.119843, "volume": 48149726, "typical_volume": 69699933.5, "trend": 17.311225, "fair_value": 17.223351, "relative_strength": 5.92435, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.871802, "energy": 42.901354, "activity_lines": [ 16.497207, 17.028813, 17.676526, 17.590208 ] }, { "date": "2024-01-19", "close": 14.214642, "volume": 37637934, "typical_volume": 70064392.45, "trend": 17.232973, "fair_value": 17.192873, "relative_strength": 1.638631, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.122175, "energy": 61.887999, "activity_lines": [ 15.623837, 16.431977, 17.329604, 17.390429 ] }, { "date": "2024-01-26", "close": 13.209968, "volume": 45797912, "typical_volume": 67838161.55, "trend": 17.140795, "fair_value": 17.149541, "relative_strength": -5.462467, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.963876, "energy": 84.455671, "activity_lines": [ 14.625795, 15.732956, 16.890834, 17.13088 ] }, { "date": "2024-02-02", "close": 10.643573, "volume": 52114295, "typical_volume": 62792518.3, "trend": 16.98197, "fair_value": 17.087536, "relative_strength": -17.117652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.138252, "energy": 95.282875, "activity_lines": [ 13.034233, 14.67728, 16.227068, 16.711704 ] }, { "date": "2024-02-09", "close": 11.688037, "volume": 68908988, "typical_volume": 61382812.25, "trend": 16.876198, "fair_value": 17.031146, "relative_strength": -16.773318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.982654, "energy": 90.618388, "activity_lines": [ 12.279567, 13.941725, 15.703652, 16.37016 ] }, { "date": "2024-02-23", "close": 13.6377, "volume": 80669102, "typical_volume": 63076648.05, "trend": 16.725994, "fair_value": 16.988397, "relative_strength": -5.587301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.019443, "energy": 83.600478, "activity_lines": [ 12.500396, 13.671521, 15.396234, 16.161225 ] }, { "date": "2024-03-01", "close": 15.318788, "volume": 113277421, "typical_volume": 66536113.35, "trend": 16.6998, "fair_value": 16.973759, "relative_strength": 1.69372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.11777, "energy": 54.239939, "activity_lines": [ 13.380398, 13.773706, 15.268767, 16.070437 ] }, { "date": "2024-03-08", "close": 16.40304, "volume": 160165312, "typical_volume": 69488512.95, "trend": 16.727984, "fair_value": 16.97731, "relative_strength": 9.202639, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.638525, "energy": 24.855768, "activity_lines": [ 14.548207, 14.110286, 15.261946, 16.051292 ] }, { "date": "2024-03-15", "close": 16.810877, "volume": 123036030, "typical_volume": 72411404.6, "trend": 16.727984, "fair_value": 16.976237, "relative_strength": 8.606325, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.432933, "energy": 24.955536, "activity_lines": [ 15.63909, 14.534401, 15.311398, 16.056639 ] }, { "date": "2024-03-22", "close": 16.910349, "volume": 83021535, "typical_volume": 72682125.7, "trend": 16.735941, "fair_value": 16.968309, "relative_strength": 9.359228, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.690042, "energy": 26.495608, "activity_lines": [ 16.351977, 14.997762, 15.374919, 16.068405 ] }, { "date": "2024-03-29", "close": 17.129189, "volume": 60316582, "typical_volume": 71741085.0, "trend": 16.770425, "fair_value": 16.962165, "relative_strength": 12.150651, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.993088, "energy": 30.357423, "activity_lines": [ 16.789656, 15.494764, 15.468849, 16.093776 ] }, { "date": "2024-04-05", "close": 15.915624, "volume": 61012353, "typical_volume": 72012023.1, "trend": 16.800267, "fair_value": 16.945257, "relative_strength": 2.410682, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.652162, "energy": 19.136219, "activity_lines": [ 16.590048, 15.734583, 15.456344, 16.038627 ] }, { "date": "2024-04-12", "close": 14.632426, "volume": 47224368, "typical_volume": 69394622.55, "trend": 16.711736, "fair_value": 16.93022, "relative_strength": -2.644119, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.150042, "energy": 13.968646, "activity_lines": [ 15.922918, 15.710167, 15.334608, 15.898767 ] }, { "date": "2024-04-19", "close": 14.244483, "volume": 77870152, "typical_volume": 68799119.55, "trend": 16.545617, "fair_value": 16.915172, "relative_strength": -5.741888, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.18281, "energy": 20.034603, "activity_lines": [ 15.244515, 15.589353, 15.197952, 15.739589 ] }, { "date": "2024-04-26", "close": 15.070106, "volume": 50529532, "typical_volume": 67717527.25, "trend": 16.446144, "fair_value": 16.907449, "relative_strength": -2.305772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.411095, "energy": 23.189343, "activity_lines": [ 15.012412, 15.553181, 15.156884, 15.644395 ] }, { "date": "2024-05-03", "close": 15.030317, "volume": 23652276, "typical_volume": 66134102.5, "trend": 16.353635, "fair_value": 16.898836, "relative_strength": -3.947521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.012596, "energy": 25.886707, "activity_lines": [ 14.889729, 15.448283, 15.124958, 15.553051 ] }, { "date": "2024-05-10", "close": 14.304168, "volume": 41842959, "typical_volume": 65316795.65, "trend": 16.198126, "fair_value": 16.884107, "relative_strength": -9.727739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.03701, "energy": 35.320983, "activity_lines": [ 14.664921, 15.186037, 15.034722, 15.420827 ] }, { "date": "2024-05-17", "close": 14.433481, "volume": 38047319, "typical_volume": 64710281.45, "trend": 16.010454, "fair_value": 16.87116, "relative_strength": -8.870586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.92524, "energy": 38.105108, "activity_lines": [ 14.590648, 14.96575, 14.971391, 15.306979 ] }, { "date": "2024-05-24", "close": 16.741245, "volume": 150262588, "typical_volume": 69944656.7, "trend": 15.97597, "fair_value": 16.867545, "relative_strength": 8.279305, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.123908, "energy": 4.200559, "activity_lines": [ 15.298893, 15.200867, 15.140732, 15.354127 ] }, { "date": "2024-05-31", "close": 16.667145, "volume": 219827671, "typical_volume": 79168202.75, "trend": 15.900885, "fair_value": 16.882378, "relative_strength": 7.903656, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.816373, "energy": 7.332879, "activity_lines": [ 15.815987, 15.423777, 15.308888, 15.398719 ] }, { "date": "2024-06-07", "close": 14.234859, "volume": 169413863, "typical_volume": 85231409.6, "trend": 15.740413, "fair_value": 16.882889, "relative_strength": -6.965216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.459423, "energy": 18.016869, "activity_lines": [ 15.415849, 15.208876, 15.244946, 15.291233 ] }, { "date": "2024-06-14", "close": 15.16192, "volume": 73939729, "typical_volume": 87046499.35, "trend": 15.624438, "fair_value": 16.885469, "relative_strength": -1.207149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.512342, "energy": 12.559494, "activity_lines": [ 15.377763, 15.215155, 15.27351, 15.253911 ] }, { "date": "2024-06-21", "close": 14.733279, "volume": 72060388, "typical_volume": 88359623.15, "trend": 15.473617, "fair_value": 16.888794, "relative_strength": -2.295822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.175908, "energy": 14.219802, "activity_lines": [ 15.139612, 15.157203, 15.25674, 15.196417 ] }, { "date": "2024-06-28", "close": 15.062236, "volume": 74453265, "typical_volume": 89476571.65, "trend": 15.382172, "fair_value": 16.890799, "relative_strength": 2.045476, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.337862, "energy": 18.07158, "activity_lines": [ 14.991128, 15.157227, 15.264045, 15.169876 ] }, { "date": "2024-07-05", "close": 14.085334, "volume": 58983930, "typical_volume": 88980318.75, "trend": 15.258826, "fair_value": 16.884953, "relative_strength": -3.088031, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.799702, "energy": 30.431325, "activity_lines": [ 14.628943, 14.964765, 15.157271, 15.086209 ] }, { "date": "2024-07-12", "close": 14.703374, "volume": 66640659, "typical_volume": 88278896.6, "trend": 15.171997, "fair_value": 16.874723, "relative_strength": -0.947044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.07641, "energy": 27.966129, "activity_lines": [ 14.644893, 14.902579, 15.097942, 15.050374 ] }, { "date": "2024-07-19", "close": 14.214923, "volume": 77303296, "typical_volume": 86480190.35, "trend": 15.066897, "fair_value": 16.854355, "relative_strength": -5.018772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.491301, "energy": 36.071716, "activity_lines": [ 14.466791, 14.757528, 14.987019, 14.988627 ] }, { "date": "2024-07-26", "close": 13.905903, "volume": 55261427, "typical_volume": 81234996.1, "trend": 14.959123, "fair_value": 16.82831, "relative_strength": -3.753739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.712463, "energy": 39.949382, "activity_lines": [ 14.248816, 14.557914, 14.851922, 14.913724 ] }, { "date": "2024-08-02", "close": 13.79625, "volume": 49102963, "typical_volume": 77538342.75, "trend": 14.819841, "fair_value": 16.806086, "relative_strength": -4.160793, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.977551, "energy": 27.353993, "activity_lines": [ 14.049448, 14.347955, 14.718274, 14.8387 ] }, { "date": "2024-08-09", "close": 13.287863, "volume": 36114573, "typical_volume": 75192994.65, "trend": 14.710365, "fair_value": 16.766395, "relative_strength": -6.129265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.830307, "energy": 38.582205, "activity_lines": [ 13.765016, 14.099108, 14.550563, 14.739863 ] }, { "date": "2024-08-16", "close": 14.573785, "volume": 60035577, "typical_volume": 75178944.4, "trend": 14.692163, "fair_value": 16.733802, "relative_strength": 3.201807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.222758, "energy": 24.541972, "activity_lines": [ 13.96239, 14.145507, 14.52257, 14.731051 ] }, { "date": "2024-08-23", "close": 15.132015, "volume": 158709905, "typical_volume": 80063822.0, "trend": 14.722742, "fair_value": 16.688349, "relative_strength": 8.97392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.564912, "energy": 6.506107, "activity_lines": [ 14.35448, 14.287239, 14.559911, 14.759429 ] }, { "date": "2024-08-30", "close": 15.540719, "volume": 154567547, "typical_volume": 85430980.95, "trend": 14.800434, "fair_value": 16.650168, "relative_strength": 9.28488, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.13267, "energy": 9.104912, "activity_lines": [ 14.821666, 14.503825, 14.639907, 14.812202 ] }, { "date": "2024-09-06", "close": 14.005587, "volume": 111432363, "typical_volume": 87109091.5, "trend": 14.912501, "fair_value": 16.597367, "relative_strength": 0.853648, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.396879, "energy": 19.887104, "activity_lines": [ 14.668153, 14.426615, 14.569376, 14.760921 ] }, { "date": "2024-09-13", "close": 13.885966, "volume": 85736997, "typical_volume": 88869464.75, "trend": 14.985765, "fair_value": 16.539723, "relative_strength": 1.736382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.268472, "energy": 17.837558, "activity_lines": [ 14.46081, 14.346868, 14.488589, 14.694693 ] }, { "date": "2024-09-20", "close": 13.766346, "volume": 32768249, "typical_volume": 89325263.4, "trend": 14.990053, "fair_value": 16.491632, "relative_strength": -0.098234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.897743, "energy": 23.358212, "activity_lines": [ 14.173721, 14.248997, 14.402049, 14.616021 ] }, { "date": "2024-09-27", "close": 15.411129, "volume": 110866455, "typical_volume": 92776438.2, "trend": 14.993131, "fair_value": 16.457398, "relative_strength": -4.913163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.661346, "energy": 10.886825, "activity_lines": [ 14.488721, 14.467214, 14.478173, 14.643187 ] }, { "date": "2024-10-04", "close": 17.893259, "volume": 48975086, "typical_volume": 93322826.55, "trend": 15.042805, "fair_value": 16.445892, "relative_strength": -0.182997, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.847781, "energy": 38.738553, "activity_lines": [ 15.612491, 15.114978, 14.78542, 14.830292 ] }, { "date": "2024-10-11", "close": 16.926325, "volume": 163705595, "typical_volume": 93994976.9, "trend": 15.046653, "fair_value": 16.425384, "relative_strength": -0.958103, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.803283, "energy": 47.975447, "activity_lines": [ 16.257114, 15.514439, 14.984103, 14.95181 ] }, { "date": "2024-10-18", "close": 20.136147, "volume": 251304199, "typical_volume": 95568803.3, "trend": 15.15418, "fair_value": 16.4359, "relative_strength": 14.508968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.285528, "energy": 79.852672, "activity_lines": [ 17.776961, 16.440593, 15.487602, 15.280164 ] }, { "date": "2024-10-25", "close": 20.215893, "volume": 209475900, "typical_volume": 97571905.15, "trend": 15.25707, "fair_value": 16.452088, "relative_strength": 12.06574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.363004, "energy": 83.363971, "activity_lines": [ 18.906712, 17.256732, 15.982176, 15.606726 ] }, { "date": "2024-11-01", "close": 18.890099, "volume": 193345364, "typical_volume": 103542186.9, "trend": 15.356219, "fair_value": 16.463281, "relative_strength": 6.518625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.685195, "energy": 75.115784, "activity_lines": [ 19.164561, 17.729234, 16.322003, 15.841115 ] }, { "date": "2024-11-08", "close": 21.870646, "volume": 173891369, "typical_volume": 108633735.95, "trend": 15.597493, "fair_value": 16.491541, "relative_strength": 15.488289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.191991, "energy": 81.826943, "activity_lines": [ 20.183995, 18.675324, 16.927939, 16.261401 ] }, { "date": "2024-11-15", "close": 20.35545, "volume": 119027375, "typical_volume": 110862441.45, "trend": 15.801192, "fair_value": 16.508815, "relative_strength": 11.582126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.02303, "energy": 63.594549, "activity_lines": [ 20.433204, 19.230835, 17.355583, 16.568366 ] }, { "date": "2024-11-22", "close": 19.109402, "volume": 104445252, "typical_volume": 113135507.55, "trend": 15.935835, "fair_value": 16.508545, "relative_strength": 7.986258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.195327, "energy": 46.932325, "activity_lines": [ 20.038456, 19.44434, 17.63935, 16.781799 ] }, { "date": "2024-11-29", "close": 19.328705, "volume": 84201388, "typical_volume": 114013544.0, "trend": 16.079115, "fair_value": 16.511464, "relative_strength": 7.430415, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.364278, "energy": 42.600956, "activity_lines": [ 19.785258, 19.602747, 17.920078, 17.000693 ] }, { "date": "2024-12-06", "close": 20.813995, "volume": 153807341, "typical_volume": 117838746.25, "trend": 16.296109, "fair_value": 16.510016, "relative_strength": 13.63251, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.41259, "energy": 39.538538, "activity_lines": [ 20.086303, 19.930072, 18.320238, 17.306169 ] }, { "date": "2024-12-13", "close": 19.627758, "volume": 94782422, "typical_volume": 119814796.0, "trend": 16.469252, "fair_value": 16.488158, "relative_strength": 7.91416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.598776, "energy": 29.072469, "activity_lines": [ 19.863676, 19.943484, 18.575998, 17.521115 ] }, { "date": "2024-12-20", "close": 19.80719, "volume": 81373366, "typical_volume": 121428316.15, "trend": 16.57145, "fair_value": 16.470382, "relative_strength": 9.568117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.335418, "energy": 27.59504, "activity_lines": [ 19.850385, 19.957984, 18.8216, 17.736465 ] }, { "date": "2024-12-27", "close": 20.584723, "volume": 130859795, "typical_volume": 126165577.25, "trend": 16.702036, "fair_value": 16.449689, "relative_strength": 13.633352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.806005, "energy": 33.65615, "activity_lines": [ 20.132823, 20.061473, 19.11263, 17.995386 ] }, { "date": "2025-01-03", "close": 17.544365, "volume": 81988015, "typical_volume": 127263199.15, "trend": 16.812353, "fair_value": 16.385999, "relative_strength": 4.450156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.912511, "energy": 16.253524, "activity_lines": [ 19.303453, 19.604015, 19.079354, 18.04973 ] }, { "date": "2025-01-10", "close": 18.072689, "volume": 95192232, "typical_volume": 124087315.5, "trend": 16.909378, "fair_value": 16.35086, "relative_strength": 8.673498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.449347, "energy": 15.594099, "activity_lines": [ 18.769147, 19.291189, 19.08225, 18.131042 ] }, { "date": "2025-01-17", "close": 18.660824, "volume": 82435395, "typical_volume": 120480707.9, "trend": 17.040297, "fair_value": 16.324206, "relative_strength": 7.984645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.050395, "energy": 12.633922, "activity_lines": [ 18.61364, 19.100158, 19.127155, 18.244039 ] }, { "date": "2025-01-24", "close": 20.016523, "volume": 115036790, "typical_volume": 120660929.25, "trend": 17.20544, "fair_value": 16.293245, "relative_strength": 13.929523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.883557, "energy": 16.170149, "activity_lines": [ 18.974495, 19.213979, 19.286317, 18.436053 ] }, { "date": "2025-01-31", "close": 19.189148, "volume": 18526408, "typical_volume": 117300399.8, "trend": 17.375567, "fair_value": 16.25628, "relative_strength": 10.215827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.492098, "energy": 10.236732, "activity_lines": [ 19.045603, 19.18353, 19.338057, 18.564034 ] }, { "date": "2025-02-07", "close": 20.634565, "volume": 88803137, "typical_volume": 120102144.2, "trend": 17.573273, "fair_value": 16.239858, "relative_strength": 13.013454, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.803947, "energy": 27.545796, "activity_lines": [ 19.691555, 19.414434, 19.502203, 18.774292 ] }, { "date": "2025-02-14", "close": 20.624598, "volume": 106517153, "typical_volume": 119884679.1, "trend": 17.786929, "fair_value": 16.219739, "relative_strength": 10.406088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.471607, "energy": 42.700268, "activity_lines": [ 20.128171, 19.619783, 19.632695, 18.971152 ] }, { "date": "2025-02-21", "close": 23.505461, "volume": 198699647, "typical_volume": 127370907.15, "trend": 18.106914, "fair_value": 16.235608, "relative_strength": 22.199892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.415049, "energy": 69.488183, "activity_lines": [ 21.354947, 20.352369, 20.012727, 19.340089 ] }, { "date": "2025-02-28", "close": 22.119854, "volume": 231888414, "typical_volume": 130780048.1, "trend": 18.384368, "fair_value": 16.246799, "relative_strength": 18.515702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.816949, "energy": 66.145975, "activity_lines": [ 21.796879, 20.762523, 20.234073, 19.598989 ] }, { "date": "2025-03-07", "close": 22.71796, "volume": 117608229, "typical_volume": 124095249.6, "trend": 18.698704, "fair_value": 16.268896, "relative_strength": 18.663949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.817062, "energy": 70.107878, "activity_lines": [ 22.297957, 21.239374, 20.48765, 19.878575 ] }, { "date": "2025-03-14", "close": 23.654987, "volume": 131347946, "typical_volume": 120188851.9, "trend": 19.001411, "fair_value": 16.299612, "relative_strength": 21.506623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.40201, "energy": 74.273807, "activity_lines": [ 22.876124, 21.847809, 20.818173, 20.198336 ] }, { "date": "2025-03-21", "close": 21.631405, "volume": 116807845, "typical_volume": 116361975.95, "trend": 19.218057, "fair_value": 16.31417, "relative_strength": 13.818853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.818024, "energy": 44.429974, "activity_lines": [ 22.578401, 21.977217, 20.939598, 20.368013 ] }, { "date": "2025-03-28", "close": 20.60466, "volume": 51798822, "typical_volume": 110257348.6, "trend": 19.386855, "fair_value": 16.332532, "relative_strength": 9.094253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.162829, "energy": 33.924345, "activity_lines": [ 21.87131, 21.85524, 20.950183, 20.457471 ] }, { "date": "2025-04-04", "close": 20.574755, "volume": 35690973, "typical_volume": 106090528.5, "trend": 19.605828, "fair_value": 16.357136, "relative_strength": 11.094096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.664368, "energy": 21.10434, "activity_lines": [ 21.347638, 21.692483, 20.963949, 20.53411 ] }, { "date": "2025-04-11", "close": 18.192308, "volume": 83148292, "typical_volume": 105025680.5, "trend": 19.749372, "fair_value": 16.372903, "relative_strength": 3.243071, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.068952, "energy": 16.208832, "activity_lines": [ 20.132822, 21.086405, 20.749771, 20.442915 ] }, { "date": "2025-04-18", "close": 18.850222, "volume": 64651352, "typical_volume": 104048178.7, "trend": 19.918835, "fair_value": 16.396964, "relative_strength": 7.103462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.564019, "energy": 22.735664, "activity_lines": [ 19.439022, 20.618072, 20.602619, 20.384905 ] }, { "date": "2025-04-25", "close": 18.999748, "volume": 74971046, "typical_volume": 100106363.95, "trend": 20.038455, "fair_value": 16.425106, "relative_strength": 6.112156, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.606977, "energy": 27.538677, "activity_lines": [ 19.115381, 20.209367, 20.471985, 20.325609 ] }, { "date": "2025-05-02", "close": 19.418421, "volume": 38952514, "typical_volume": 97314868.55, "trend": 20.089294, "fair_value": 16.461729, "relative_strength": 8.185568, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.754222, "energy": 27.472874, "activity_lines": [ 19.106742, 19.906328, 20.389865, 20.285607 ] }, { "date": "2025-05-09", "close": 19.837093, "volume": 58374613, "typical_volume": 96164930.9, "trend": 20.18632, "fair_value": 16.5097, "relative_strength": 7.483248, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.816164, "energy": 21.9347, "activity_lines": [ 19.316743, 19.753721, 20.348614, 20.269336 ] }, { "date": "2025-05-16", "close": 19.597853, "volume": 53753264, "typical_volume": 92309604.35, "trend": 20.168377, "fair_value": 16.563273, "relative_strength": 5.149803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.25817, "energy": 12.754917, "activity_lines": [ 19.496175, 19.599121, 20.284437, 20.23137 ] }, { "date": "2025-05-23", "close": 18.616096, "volume": 62236700, "typical_volume": 91322038.6, "trend": 20.11505, "fair_value": 16.617815, "relative_strength": 0.283297, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.181164, "energy": 16.273977, "activity_lines": [ 19.254651, 19.322748, 20.131458, 20.131223 ] }, { "date": "2025-05-30", "close": 18.346445, "volume": 31311080, "typical_volume": 88127981.0, "trend": 20.096928, "fair_value": 16.67254, "relative_strength": -0.31546, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.355645, "energy": 34.879834, "activity_lines": [ 18.938852, 19.088964, 19.947695, 20.01712 ] }, { "date": "2025-06-06", "close": 19.02557, "volume": 29502028, "typical_volume": 85481312.65, "trend": 20.002092, "fair_value": 16.728624, "relative_strength": 1.57028, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.541911, "energy": 38.442473, "activity_lines": [ 18.892981, 19.038384, 19.827307, 19.948 ] }, { "date": "2025-06-13", "close": 18.07679, "volume": 33728455, "typical_volume": 81415895.9, "trend": 19.926137, "fair_value": 16.77423, "relative_strength": -3.056831, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.700945, "energy": 55.787406, "activity_lines": [ 18.557041, 18.84401, 19.614822, 19.823787 ] }, { "date": "2025-06-20", "close": 18.526213, "volume": 41218536, "typical_volume": 82550502.3, "trend": 19.906697, "fair_value": 16.82705, "relative_strength": 0.279036, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.340219, "energy": 52.890552, "activity_lines": [ 18.488261, 18.776766, 19.454376, 19.733469 ] }, { "date": "2025-06-27", "close": 20.813276, "volume": 100994791, "typical_volume": 83160085.0, "trend": 19.956183, "fair_value": 16.885802, "relative_strength": 8.262089, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.014349, "energy": 12.680905, "activity_lines": [ 19.253279, 19.11928, 19.514902, 19.791958 ] }, { "date": "2025-07-04", "close": 21.272686, "volume": 64332937, "typical_volume": 81050874.2, "trend": 19.971473, "fair_value": 16.949091, "relative_strength": 8.823771, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.236778, "energy": 13.085642, "activity_lines": [ 20.024955, 19.509632, 19.618331, 19.876894 ] }, { "date": "2025-07-11", "close": 22.610968, "volume": 118332691, "typical_volume": 77032526.4, "trend": 20.070913, "fair_value": 17.001511, "relative_strength": 13.113922, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 40.137794, "energy": 41.851008, "activity_lines": [ 21.047642, 20.101982, 19.846128, 20.047184 ] }, { "date": "2025-07-18", "close": 23.17025, "volume": 94749141, "typical_volume": 70175562.75, "trend": 20.183015, "fair_value": 17.045655, "relative_strength": 12.987223, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.253266, "energy": 65.504935, "activity_lines": [ 22.01773, 20.737973, 20.131451, 20.247141 ] }, { "date": "2025-07-25", "close": 22.910583, "volume": 75993023, "typical_volume": 68094802.45, "trend": 20.260544, "fair_value": 17.095214, "relative_strength": 8.694366, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.653636, "energy": 75.537246, "activity_lines": [ 22.561698, 21.266149, 20.387041, 20.423113 ] }, { "date": "2025-08-01", "close": 23.779467, "volume": 92466421, "typical_volume": 66150726.2, "trend": 20.468381, "fair_value": 17.153147, "relative_strength": 13.992032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.317166, "energy": 82.805674, "activity_lines": [ 23.103003, 21.892073, 20.724465, 20.65014 ] }, { "date": "2025-08-08", "close": 27.87421, "volume": 243318230, "typical_volume": 72476245.45, "trend": 20.795098, "fair_value": 17.238222, "relative_strength": 30.750892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.376227, "energy": 92.967564, "activity_lines": [ 24.811476, 23.168615, 21.451271, 21.127936 ] }, { "date": "2025-08-15", "close": 30.021452, "volume": 296546833, "typical_volume": 84713646.0, "trend": 21.173786, "fair_value": 17.335211, "relative_strength": 33.578919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.65319, "energy": 96.592481, "activity_lines": [ 26.795594, 24.662334, 22.35285, 21.723184 ] }, { "date": "2025-08-22", "close": 32.757938, "volume": 317642236, "typical_volume": 98811209.15, "trend": 21.598499, "fair_value": 17.435204, "relative_strength": 38.22826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.450486, "energy": 97.250809, "activity_lines": [ 29.197843, 26.45367, 23.470204, 22.470549 ] }, { "date": "2025-08-29", "close": 32.757938, "volume": 240964327, "typical_volume": 106702010.9, "trend": 22.050792, "fair_value": 17.536154, "relative_strength": 31.523804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.99201, "energy": 94.247571, "activity_lines": [ 30.960912, 27.978076, 24.529543, 23.190513 ] }, { "date": "2025-09-05", "close": 28.942837, "volume": 149096665, "typical_volume": 110924276.55, "trend": 22.327735, "fair_value": 17.60372, "relative_strength": 16.522449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.758375, "energy": 82.312795, "activity_lines": [ 30.795791, 28.550069, 25.156179, 23.635161 ] }, { "date": "2025-09-12", "close": 29.661915, "volume": 120060628, "typical_volume": 113178755.65, "trend": 22.628979, "fair_value": 17.677172, "relative_strength": 15.708426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.478223, "energy": 63.505992, "activity_lines": [ 30.526138, 29.104993, 25.803238, 24.108334 ] }, { "date": "2025-09-19", "close": 33.906464, "volume": 271545868, "typical_volume": 124808423.35, "trend": 22.975679, "fair_value": 17.788608, "relative_strength": 29.663309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.147459, "energy": 62.633818, "activity_lines": [ 31.552154, 30.279121, 26.803768, 24.835913 ] }, { "date": "2025-09-26", "close": 32.218632, "volume": 210173979, "typical_volume": 132398391.65, "trend": 23.312305, "fair_value": 17.893816, "relative_strength": 20.967418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.039614, "energy": 53.687726, "activity_lines": [ 31.756558, 30.940999, 27.574561, 25.432233 ] }, { "date": "2025-10-03", "close": 32.308514, "volume": 40931261, "typical_volume": 131757291.5, "trend": 23.63199, "fair_value": 18.005275, "relative_strength": 17.683893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.995705, "energy": 53.208765, "activity_lines": [ 32.026877, 31.454703, 28.294955, 26.012634 ] }, { "date": "2025-10-10", "close": 35.414528, "volume": 113198385, "typical_volume": 134305375.75, "trend": 24.023975, "fair_value": 18.144424, "relative_strength": 29.461113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.113653, "energy": 59.598124, "activity_lines": [ 33.362496, 32.362265, 29.250633, 26.772797 ] }, { "date": "2025-10-17", "close": 30.920298, "volume": 255076399, "typical_volume": 145493641.7, "trend": 24.333604, "fair_value": 18.24794, "relative_strength": 18.421164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.493157, "energy": 45.573729, "activity_lines": [ 32.768591, 32.241148, 29.698296, 27.217721 ] }, { "date": "2025-10-24", "close": 32.767929, "volume": 99680645, "typical_volume": 149002572.55, "trend": 24.739047, "fair_value": 18.360942, "relative_strength": 19.202707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.585507, "energy": 42.601248, "activity_lines": [ 32.706672, 32.40058, 30.262048, 27.761871 ] }, { "date": "2025-10-31", "close": 31.439632, "volume": 102233267, "typical_volume": 152427813.15, "trend": 25.101209, "fair_value": 18.456629, "relative_strength": 13.038524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.10359, "energy": 36.262888, "activity_lines": [ 32.277889, 32.268568, 30.633857, 28.194167 ] }, { "date": "2025-11-07", "close": 31.479582, "volume": 96232762, "typical_volume": 155178524.45, "trend": 25.544118, "fair_value": 18.549128, "relative_strength": 12.558796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.689174, "energy": 24.592722, "activity_lines": [ 31.914357, 32.167788, 30.945837, 28.605675 ] }, { "date": "2025-11-14", "close": 28.313646, "volume": 101430860, "typical_volume": 155200327.9, "trend": 25.859566, "fair_value": 18.6228, "relative_strength": 2.444206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.320159, "energy": 16.418369, "activity_lines": [ 30.550774, 31.514627, 30.894617, 28.784354 ] }, { "date": "2025-11-21", "close": 26.485992, "volume": 71170309, "typical_volume": 155542196.5, "trend": 26.109107, "fair_value": 18.676786, "relative_strength": 0.752106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.598027, "energy": 11.360933, "activity_lines": [ 29.051366, 30.540605, 30.633619, 28.824769 ] }, { "date": "2025-11-28", "close": 27.894184, "volume": 78319629, "typical_volume": 153541543.4, "trend": 26.391633, "fair_value": 18.747514, "relative_strength": 2.157651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.258098, "energy": 16.667279, "activity_lines": [ 28.316975, 29.880362, 30.481909, 28.939935 ] }, { "date": "2025-12-05", "close": 27.884197, "volume": 87041614, "typical_volume": 153156167.05, "trend": 26.659869, "fair_value": 18.825511, "relative_strength": 0.673529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.628744, "energy": 18.844505, "activity_lines": [ 27.904171, 29.327617, 30.30409, 29.03623 ] }, { "date": "2025-12-12", "close": 28.383556, "volume": 77995256, "typical_volume": 153256278.7, "trend": 26.952726, "fair_value": 18.912129, "relative_strength": 1.335641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.035638, "energy": 16.525315, "activity_lines": [ 27.89485, 28.944472, 30.151381, 29.147435 ] }, { "date": "2025-12-19", "close": 29.592003, "volume": 103230116, "typical_volume": 153794463.45, "trend": 27.31859, "fair_value": 19.002476, "relative_strength": 6.221132, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.931921, "energy": 12.577475, "activity_lines": [ 28.494746, 28.852408, 30.087701, 29.317711 ] }, { "date": "2025-12-26", "close": 33.267288, "volume": 227222369, "typical_volume": 152989670.4, "trend": 27.815951, "fair_value": 19.118806, "relative_strength": 14.807831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.470746, "energy": 21.944774, "activity_lines": [ 30.234513, 29.534442, 30.346369, 29.701498 ] }, { "date": "2026-01-02", "close": 33.117477, "volume": 87783703, "typical_volume": 142551513.9, "trend": 28.285681, "fair_value": 19.233346, "relative_strength": 14.260011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.684583, "energy": 30.763149, "activity_lines": [ 31.472257, 30.146565, 30.565088, 30.043532 ] }, { "date": "2026-01-09", "close": 32.917732, "volume": 130708739, "typical_volume": 133204839.05, "trend": 28.78038, "fair_value": 19.354705, "relative_strength": 8.311417, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.667345, "energy": 37.089052, "activity_lines": [ 32.2952, 30.716015, 30.750041, 30.342374 ] }, { "date": "2026-01-16", "close": 33.007618, "volume": 130761698, "typical_volume": 127694707.6, "trend": 29.263093, "fair_value": 19.474535, "relative_strength": 6.929667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.597405, "energy": 55.420132, "activity_lines": [ 32.812535, 31.274934, 30.942794, 30.615099 ] }, { "date": "2026-01-23", "close": 34.705441, "volume": 165215537, "typical_volume": 128500651.2, "trend": 29.726165, "fair_value": 19.597788, "relative_strength": 10.743106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.967374, "energy": 65.481747, "activity_lines": [ 33.587541, 32.114765, 31.296055, 30.966218 ] }, { "date": "2026-01-30", "close": 34.995068, "volume": 270995542, "typical_volume": 136047396.9, "trend": 30.183578, "fair_value": 19.721941, "relative_strength": 12.930505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.595409, "energy": 62.691666, "activity_lines": [ 34.118193, 32.891041, 31.649458, 31.306147 ] }, { "date": "2026-02-06", "close": 33.457043, "volume": 149787706, "typical_volume": 129959488.8, "trend": 30.545114, "fair_value": 19.832601, "relative_strength": 9.849423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.657301, "energy": 49.816492, "activity_lines": [ 34.020985, 33.232966, 31.830987, 31.517339 ] }, { "date": "2026-02-13", "close": 36.01376, "volume": 149190961, "typical_volume": 126910337.9, "trend": 30.973231, "fair_value": 19.953146, "relative_strength": 15.974409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.473614, "energy": 54.464944, "activity_lines": [ 34.753378, 33.938606, 32.258153, 31.870155 ] }, { "date": "2026-02-27", "close": 39.039875, "volume": 181164667, "typical_volume": 133922008.2, "trend": 31.510874, "fair_value": 20.090155, "relative_strength": 21.704711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.172063, "energy": 65.348087, "activity_lines": [ 36.288075, 35.046638, 32.955448, 32.390583 ] }, { "date": "2026-03-06", "close": 36.593014, "volume": 201195496, "typical_volume": 138321863.75, "trend": 31.937992, "fair_value": 20.218112, "relative_strength": 16.170151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.428619, "energy": 52.046937, "activity_lines": [ 36.605, 35.516035, 33.387655, 32.718463 ] }, { "date": "2026-03-13", "close": 34.885208, "volume": 155238588, "typical_volume": 133329973.2, "trend": 32.171692, "fair_value": 20.335439, "relative_strength": 9.580002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.352236, "energy": 43.579442, "activity_lines": [ 36.226819, 35.547631, 33.651602, 32.908606 ] }, { "date": "2026-03-20", "close": 32.278553, "volume": 102492193, "typical_volume": 133470550.6, "trend": 32.246929, "fair_value": 20.437142, "relative_strength": 4.267817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.089816, "energy": 24.188214, "activity_lines": [ 34.987077, 35.075872, 33.648415, 32.915501 ] }, { "date": "2026-03-27", "close": 30.281118, "volume": 69609115, "typical_volume": 131839343.0, "trend": 32.164368, "fair_value": 20.525657, "relative_strength": -1.581836, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.652242, "energy": 13.463361, "activity_lines": [ 33.160089, 34.256197, 33.457327, 32.788674 ] }, { "date": "2026-04-03", "close": 29.012747, "volume": 58329906, "typical_volume": 129944200.2, "trend": 32.039528, "fair_value": 20.610506, "relative_strength": -3.018826, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -17.623206, "energy": 25.465302, "activity_lines": [ 31.292486, 33.253848, 33.150958, 32.585344 ] }, { "date": "2026-04-10", "close": 32.837837, "volume": 73671559, "typical_volume": 128556235.15, "trend": 32.169362, "fair_value": 20.710374, "relative_strength": 2.157744, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.162428, "energy": 23.308136, "activity_lines": [ 31.368389, 33.019603, 33.220631, 32.636847 ] }, { "date": "2026-04-17", "close": 34.925159, "volume": 105459175, "typical_volume": 130270678.45, "trend": 32.344803, "fair_value": 20.816862, "relative_strength": 4.005399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.319793, "energy": 17.81783, "activity_lines": [ 32.390412, 33.198828, 33.467552, 32.814641 ] }, { "date": "2026-04-24", "close": 34.30595, "volume": 136896131, "typical_volume": 133199503.55, "trend": 32.358119, "fair_value": 20.918553, "relative_strength": 1.466897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.134111, "energy": 9.801526, "activity_lines": [ 33.203367, 33.26674, 33.615315, 32.941166 ] }, { "date": "2026-05-01", "close": 35.684181, "volume": 124997988, "typical_volume": 135097322.25, "trend": 32.473638, "fair_value": 21.03233, "relative_strength": 3.980648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.90657, "energy": 26.525276, "activity_lines": [ 34.340574, 33.569805, 33.863805, 33.155751 ] }, { "date": "2026-05-08", "close": 37.451912, "volume": 86218128, "typical_volume": 135508465.85, "trend": 32.645084, "fair_value": 21.165856, "relative_strength": 5.535039, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.679671, "energy": 43.04792, "activity_lines": [ 35.706819, 34.200269, 34.243508, 33.47693 ] }, { "date": "2026-05-15", "close": 37.771503, "volume": 135105159, "typical_volume": 137102218.0, "trend": 32.72365, "fair_value": 21.28651, "relative_strength": 6.033346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.352929, "energy": 59.840175, "activity_lines": [ 36.616984, 34.917711, 34.610465, 33.807667 ] }, { "date": "2026-05-22", "close": 39.778927, "volume": 180308100, "typical_volume": 134756504.55, "trend": 33.018938, "fair_value": 21.445856, "relative_strength": 10.829347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.787985, "energy": 69.503481, "activity_lines": [ 37.86738, 35.978713, 35.129656, 34.262846 ] }, { "date": "2026-05-29", "close": 45.299999, "volume": 288808302, "typical_volume": 144807734.5, "trend": 33.436673, "fair_value": 21.64493, "relative_strength": 25.270021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.346916, "energy": 82.625589, "activity_lines": [ 40.634548, 37.95457, 36.143655, 35.055172 ] }, { "date": "2026-06-05", "close": 40.790001, "volume": 30223540, "typical_volume": 139783474.55, "trend": 33.748352, "fair_value": 21.812989, "relative_strength": 13.927389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.351442, "energy": 74.119946, "activity_lines": [ 41.165447, 38.873673, 36.670119, 35.529581 ] }, { "date": "2026-06-12", "close": 41.630001, "volume": 27124718, "typical_volume": 134601625.55, "trend": 34.0867, "fair_value": 21.985477, "relative_strength": 18.11531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.652263, "energy": 74.324984, "activity_lines": [ 41.635958, 39.754433, 37.239096, 36.038074 ] }, { "date": "2026-06-19", "close": 49.52, "volume": 131781114, "typical_volume": 132929904.4, "trend": 34.793578, "fair_value": 22.208095, "relative_strength": 29.766338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.457503, "energy": 87.03443, "activity_lines": [ 44.457929, 41.840333, 38.518442, 37.033771 ] }, { "date": "2026-06-26", "close": 49.970001, "volume": 38729453, "typical_volume": 121316599.95, "trend": 35.576378, "fair_value": 22.433087, "relative_strength": 31.609588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.752672, "energy": 85.455666, "activity_lines": [ 46.646667, 43.70474, 39.7701, 38.012895 ] }, { "date": "2026-07-03", "close": 46.450001, "volume": 27068907, "typical_volume": 115180660.0, "trend": 36.194906, "fair_value": 22.624676, "relative_strength": 22.832481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.525679, "energy": 74.863056, "activity_lines": [ 46.982667, 44.655605, 40.615211, 38.714419 ] }, { "date": "2026-07-10", "close": 45.82, "volume": 157744817, "typical_volume": 115608352.8, "trend": 36.792766, "fair_value": 22.815988, "relative_strength": 24.593328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.533237, "energy": 63.311645, "activity_lines": [ 47.032001, 45.271122, 41.33845, 39.335393 ] }, { "date": "2026-07-17", "close": 36.610001, "volume": 133838189, "typical_volume": 113242028.9, "trend": 37.066981, "fair_value": 22.951896, "relative_strength": 8.803315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.646568, "energy": 27.339549, "activity_lines": [ 43.676001, 44.027807, 41.13785, 39.323602 ] }, { "date": "2026-07-24", "close": 35.380001, "volume": 127534406, "typical_volume": 109558974.4, "trend": 37.259914, "fair_value": 23.083427, "relative_strength": 4.266404, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.004648, "energy": 16.689458, "activity_lines": [ 40.244667, 42.576163, 40.831678, 39.214764 ] }, { "date": "2026-07-31", "close": 31.719999, "volume": 111739687, "typical_volume": 107384029.35, "trend": 37.208338, "fair_value": 23.170454, "relative_strength": -5.382378, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.630942, "energy": 29.492426, "activity_lines": [ 36.536, 40.502546, 40.182711, 38.85735 ] }, { "date": "2026-08-07", "close": 37.299999, "volume": 96664269, "typical_volume": 107092633.15, "trend": 37.347755, "fair_value": 23.306322, "relative_strength": 5.207627, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.308866, "energy": 29.714074, "activity_lines": [ 35.904, 39.59, 40.080245, 38.863264 ] } ], "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." } } }