{ "ticker": { "uuid": "e4aa57e3-b9a2-41be-905b-20ad4e561751", "symbol": "688277", "name": "Tinavi Medical Technologies Co.,Ltd.", "exchange": "SHH", "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": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 85.736, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -40.171, "architecture_energy": 21.597, "architecture_maturity": 47.147, "architecture_confidence": 69.193, "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": 47.27, "rotation_up": 24.1, "upward_expansion": 18.15, "deceleration": 45.15, "rotation_down": 32.7, "downward_expansion": 56.82 }, "activity_lines": [ 18.204, 18.138727, 18.472571, 19.53329 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 17.809999, "trend_reference": 20.819, "distance_from_trend": -0.144531, "trend_direction": "Improving", "fair_value": 13.85359, "distance_from_fair_value": 0.285587, "fair_value_direction": "Weakening", "relative_strength": -6.591211, "relative_strength_direction": "Weakening", "price_momentum": -0.225652, "excess_performance": -0.182448, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144531, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.036046, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285587, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.197119, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065912, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.099314, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.225652, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.959129, "read": "Supply-led" } ], "volume": { "latest": 53666649, "relative_activity": 1.586635, "balance": 0.959129, "dry_up": 1.041153, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.135447, "annualized_volatility": 0.55603, "from_high_reference": -0.386919, "from_low_reference": 0.259547 }, "levels": { "trend_reference": 20.819, "fair_value_reference": 13.85359, "structural_low": 15.8, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.0, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": -0.001873, "regime_survival": 0.73913, "best_return": 0.321526, "worst_return": -0.169948, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.00755, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.001639, "regime_survival": 0.375, "best_return": 0.448445, "worst_return": -0.317098, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.190674, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.124018, "regime_survival": 0.4, "best_return": 1.07496, "worst_return": -0.378593, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.260104, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.213589, "regime_survival": 0.333333, "best_return": 1.814992, "worst_return": -0.545981, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-09-27", "tenure": "Established", "return": -0.144522, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.194098, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.113392, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.402235, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.125258, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.16295, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-09-19", "tenure": "Established", "return": 0.379984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-12-05", "tenure": "Developing", "return": -0.109038, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.21928, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.046228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-27", "tenure": "Developing", "return": -0.023044, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-15", "tenure": "Developing", "return": -0.158681, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": -0.04147, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.034165, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.91, "volume": 18101892, "typical_volume": 35578094.75, "trend": 15.889333, "fair_value": 28.60109, "relative_strength": 4.231858, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.150215, "energy": 16.737306, "activity_lines": [ 16.284667, 16.887818, 16.971143, 16.641097 ] }, { "date": "2023-08-04", "close": 15.52, "volume": 17882869, "typical_volume": 34704757.25, "trend": 16.010333, "fair_value": 28.094808, "relative_strength": 1.194411, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.948908, "energy": 28.966787, "activity_lines": [ 15.880667, 16.606364, 16.832667, 16.617269 ] }, { "date": "2023-08-11", "close": 14.83, "volume": 14855601, "typical_volume": 33098519.4, "trend": 16.097333, "fair_value": 27.477692, "relative_strength": -0.244481, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.146283, "energy": 50.536966, "activity_lines": [ 15.441333, 16.215818, 16.630667, 16.541118 ] }, { "date": "2023-08-18", "close": 14.83, "volume": 12908850, "typical_volume": 30266613.4, "trend": 16.172, "fair_value": 26.906154, "relative_strength": 1.627324, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.509995, "energy": 58.44112, "activity_lines": [ 15.164667, 15.868546, 16.438333, 16.459355 ] }, { "date": "2023-08-25", "close": 13.5, "volume": 20307498, "typical_volume": 29430293.2, "trend": 16.168333, "fair_value": 26.288205, "relative_strength": -5.325066, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.819918, "energy": 68.69188, "activity_lines": [ 14.550667, 15.312364, 16.130238, 16.286968 ] }, { "date": "2023-09-01", "close": 14.08, "volume": 21575021, "typical_volume": 28380059.8, "trend": 16.154333, "fair_value": 25.782372, "relative_strength": -3.317657, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.428007, "energy": 75.41735, "activity_lines": [ 14.271333, 14.948, 15.896524, 16.152237 ] }, { "date": "2023-09-08", "close": 13.81, "volume": 21082021, "typical_volume": 27571679.9, "trend": 16.121, "fair_value": 25.304231, "relative_strength": -4.747809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.030708, "energy": 75.102006, "activity_lines": [ 14.024, 14.614909, 15.654333, 16.000989 ] }, { "date": "2023-09-15", "close": 13.41, "volume": 24221457, "typical_volume": 26387840.05, "trend": 16.084333, "fair_value": 24.981987, "relative_strength": -7.561668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.784841, "energy": 79.730991, "activity_lines": [ 13.757333, 14.293273, 15.384619, 15.826086 ] }, { "date": "2023-09-22", "close": 13.55, "volume": 17365234, "typical_volume": 26405004.45, "trend": 16.060667, "fair_value": 24.59859, "relative_strength": -7.090107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.996648, "energy": 73.622753, "activity_lines": [ 13.632, 14.067273, 15.147571, 15.662581 ] }, { "date": "2023-09-29", "close": 13.73, "volume": 11961313, "typical_volume": 25573914.9, "trend": 16.042333, "fair_value": 24.238526, "relative_strength": -5.341426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.740246, "energy": 69.658296, "activity_lines": [ 13.652, 13.926182, 14.946714, 15.512215 ] }, { "date": "2023-10-13", "close": 13.91, "volume": 17974410, "typical_volume": 25038661.25, "trend": 16.021667, "fair_value": 23.873269, "relative_strength": -3.683569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.594567, "energy": 62.844282, "activity_lines": [ 13.716667, 13.852182, 14.773333, 15.374645 ] }, { "date": "2023-10-20", "close": 12.74, "volume": 18320420, "typical_volume": 24720955.7, "trend": 15.913667, "fair_value": 23.536987, "relative_strength": -8.791124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.951163, "energy": 66.064098, "activity_lines": [ 13.402667, 13.601818, 14.501667, 15.162925 ] }, { "date": "2023-10-27", "close": 13.68, "volume": 18176024, "typical_volume": 23640153.6, "trend": 15.807667, "fair_value": 23.220769, "relative_strength": -3.280896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.896999, "energy": 50.01733, "activity_lines": [ 13.473333, 13.572909, 14.337048, 15.018817 ] }, { "date": "2023-11-03", "close": 14.4, "volume": 22934028, "typical_volume": 23547976.1, "trend": 15.717, "fair_value": 22.89718, "relative_strength": 1.345235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.152865, "energy": 37.859971, "activity_lines": [ 13.766, 13.695818, 14.25781, 14.928 ] }, { "date": "2023-11-10", "close": 14.16, "volume": 22074929, "typical_volume": 22596488.8, "trend": 15.605, "fair_value": 22.543333, "relative_strength": -0.622553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.874599, "energy": 32.029693, "activity_lines": [ 13.922, 13.782909, 14.166381, 14.827548 ] }, { "date": "2023-11-17", "close": 14.42, "volume": 18469740, "typical_volume": 21493990.2, "trend": 15.495667, "fair_value": 22.231923, "relative_strength": 0.638472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.506404, "energy": 21.746525, "activity_lines": [ 14.136, 13.905273, 14.11919, 14.751097 ] }, { "date": "2023-11-24", "close": 14.43, "volume": 19985197, "typical_volume": 20415085.85, "trend": 15.442333, "fair_value": 21.965385, "relative_strength": 1.017867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.65128, "energy": 22.1695, "activity_lines": [ 14.319333, 14.023273, 14.092381, 14.682344 ] }, { "date": "2023-12-01", "close": 14.38, "volume": 17862387, "typical_volume": 19531453.8, "trend": 15.339333, "fair_value": 21.69609, "relative_strength": 0.908332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.827302, "energy": 16.336866, "activity_lines": [ 14.373333, 14.120909, 14.079905, 14.613806 ] }, { "date": "2023-12-08", "close": 13.97, "volume": 20419795, "typical_volume": 19026557.75, "trend": 15.22, "fair_value": 21.44609, "relative_strength": -0.144894, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.580011, "energy": 15.338344, "activity_lines": [ 14.244, 14.126364, 14.042143, 14.525462 ] }, { "date": "2023-12-15", "close": 13.36, "volume": 22565874, "typical_volume": 18952228.0, "trend": 15.135333, "fair_value": 21.224808, "relative_strength": -3.771851, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.728666, "energy": 29.187841, "activity_lines": [ 13.94, 14.013273, 13.957952, 14.405462 ] }, { "date": "2023-12-22", "close": 12.77, "volume": 14626592, "typical_volume": 18778463.0, "trend": 15.005333, "fair_value": 21.009744, "relative_strength": -7.272046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.500796, "energy": 60.800502, "activity_lines": [ 13.492667, 13.799636, 13.828333, 14.25286 ] }, { "date": "2023-12-29", "close": 13.18, "volume": 14145547, "typical_volume": 18591596.9, "trend": 14.897333, "fair_value": 20.783141, "relative_strength": -6.370375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.400049, "energy": 64.636309, "activity_lines": [ 13.292, 13.681273, 13.752714, 14.135097 ] }, { "date": "2024-01-05", "close": 12.66, "volume": 13033478, "typical_volume": 18500490.75, "trend": 14.745667, "fair_value": 20.587115, "relative_strength": -8.79154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.306639, "energy": 73.454058, "activity_lines": [ 13.001333, 13.460364, 13.638714, 13.990753 ] }, { "date": "2024-01-12", "close": 12.35, "volume": 16246268, "typical_volume": 18667361.65, "trend": 14.602667, "fair_value": 20.397821, "relative_strength": -9.72752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.267232, "energy": 78.601695, "activity_lines": [ 12.722, 13.201636, 13.505524, 13.836194 ] }, { "date": "2024-01-19", "close": 11.5, "volume": 16806855, "typical_volume": 18492329.5, "trend": 14.377667, "fair_value": 20.239487, "relative_strength": -14.531525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.991907, "energy": 86.14748, "activity_lines": [ 12.267333, 12.825636, 13.30319, 13.636022 ] }, { "date": "2024-01-26", "close": 10.97, "volume": 19735089, "typical_volume": 18400332.9, "trend": 14.126667, "fair_value": 20.065385, "relative_strength": -20.599234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.431465, "energy": 93.792641, "activity_lines": [ 11.76, 12.401636, 13.059905, 13.416172 ] }, { "date": "2024-02-02", "close": 9.0, "volume": 21496050, "typical_volume": 18421034.35, "trend": 13.812, "fair_value": 19.83141, "relative_strength": -30.315359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.082449, "energy": 98.15394, "activity_lines": [ 10.716, 11.682182, 12.64381, 13.085419 ] }, { "date": "2024-02-09", "close": 9.02, "volume": 34521904, "typical_volume": 18936056.7, "trend": 13.537, "fair_value": 19.627692, "relative_strength": -33.1163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.656351, "energy": 95.86056, "activity_lines": [ 9.957333, 11.065091, 12.252524, 12.776258 ] }, { "date": "2024-02-23", "close": 9.83, "volume": 21065128, "typical_volume": 19121051.4, "trend": 13.317333, "fair_value": 19.401218, "relative_strength": -30.118444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.312803, "energy": 88.183795, "activity_lines": [ 9.711333, 10.692727, 11.959286, 12.537097 ] }, { "date": "2024-03-01", "close": 9.99, "volume": 30682216, "typical_volume": 20057096.55, "trend": 13.129667, "fair_value": 19.215897, "relative_strength": -29.151067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.686471, "energy": 81.758586, "activity_lines": [ 9.686667, 10.424727, 11.699, 12.32243 ] }, { "date": "2024-03-08", "close": 9.98, "volume": 23994404, "typical_volume": 20358096.25, "trend": 12.932, "fair_value": 19.04859, "relative_strength": -29.346028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.1044, "energy": 64.07778, "activity_lines": [ 9.759333, 10.216182, 11.455571, 12.119226 ] }, { "date": "2024-03-15", "close": 10.39, "volume": 26458761, "typical_volume": 20765013.3, "trend": 12.761, "fair_value": 18.858846, "relative_strength": -26.3795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.74728, "energy": 53.065588, "activity_lines": [ 10.034667, 10.132909, 11.269905, 11.955226 ] }, { "date": "2024-03-22", "close": 10.09, "volume": 38420427, "typical_volume": 21777233.45, "trend": 12.603, "fair_value": 18.663397, "relative_strength": -27.994292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.102356, "energy": 42.87382, "activity_lines": [ 10.117333, 10.045818, 11.066857, 11.782903 ] }, { "date": "2024-03-29", "close": 9.4, "volume": 19924229, "typical_volume": 21626743.5, "trend": 12.422, "fair_value": 18.484295, "relative_strength": -32.24964, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -57.13521, "energy": 45.875554, "activity_lines": [ 9.898667, 9.88, 10.81519, 11.576258 ] }, { "date": "2024-04-05", "close": 9.05, "volume": 12250590, "typical_volume": 21135526.55, "trend": 12.273667, "fair_value": 18.301923, "relative_strength": -34.76113, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -69.740999, "energy": 52.95834, "activity_lines": [ 9.592, 9.704182, 10.554, 11.35871 ] }, { "date": "2024-04-12", "close": 8.58, "volume": 15838122, "typical_volume": 21003945.65, "trend": 12.090333, "fair_value": 18.156667, "relative_strength": -36.482932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.870039, "energy": 60.642872, "activity_lines": [ 9.191333, 9.487455, 10.272381, 11.120409 ] }, { "date": "2024-04-19", "close": 7.76, "volume": 22090859, "typical_volume": 21109228.75, "trend": 11.888667, "fair_value": 17.994744, "relative_strength": -42.738617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.286052, "energy": 81.646524, "activity_lines": [ 8.610667, 9.165091, 9.940476, 10.841032 ] }, { "date": "2024-04-26", "close": 8.72, "volume": 15929645, "typical_volume": 21012591.65, "trend": 11.732333, "fair_value": 17.842949, "relative_strength": -35.445588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.309726, "energy": 74.411312, "activity_lines": [ 8.525333, 9.039818, 9.731762, 10.636602 ] }, { "date": "2024-05-03", "close": 8.96, "volume": 8402475, "typical_volume": 20411725.65, "trend": 11.579333, "fair_value": 17.692308, "relative_strength": -33.438165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.502721, "energy": 64.519791, "activity_lines": [ 8.611333, 8.963636, 9.572857, 10.457742 ] }, { "date": "2024-05-10", "close": 8.85, "volume": 16476546, "typical_volume": 20107259.25, "trend": 11.416667, "fair_value": 17.546667, "relative_strength": -34.580269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.687659, "energy": 55.895337, "activity_lines": [ 8.69, 8.883273, 9.427333, 10.281656 ] }, { "date": "2024-05-17", "close": 8.68, "volume": 13594650, "typical_volume": 20055662.15, "trend": 11.242333, "fair_value": 17.391923, "relative_strength": -35.095443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.789234, "energy": 50.484136, "activity_lines": [ 8.725333, 8.792727, 9.287095, 10.105097 ] }, { "date": "2024-05-24", "close": 8.16, "volume": 11276046, "typical_volume": 19912187.1, "trend": 11.089667, "fair_value": 17.235256, "relative_strength": -37.06383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.818107, "energy": 54.443449, "activity_lines": [ 8.580667, 8.631273, 9.11681, 9.906237 ] }, { "date": "2024-05-31", "close": 8.4, "volume": 11575147, "typical_volume": 19839270.55, "trend": 10.913667, "fair_value": 17.094359, "relative_strength": -34.462282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.370495, "energy": 53.37964, "activity_lines": [ 8.489333, 8.554, 8.993286, 9.73271 ] }, { "date": "2024-06-07", "close": 7.41, "volume": 18747206, "typical_volume": 19964317.45, "trend": 10.680667, "fair_value": 16.944872, "relative_strength": -40.777236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.664048, "energy": 70.782456, "activity_lines": [ 8.089333, 8.327455, 8.795762, 9.506667 ] }, { "date": "2024-06-14", "close": 8.22, "volume": 21371551, "typical_volume": 20192552.25, "trend": 10.482667, "fair_value": 16.786603, "relative_strength": -33.078054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.589796, "energy": 54.727601, "activity_lines": [ 8.062667, 8.284364, 8.698905, 9.347914 ] }, { "date": "2024-06-21", "close": 8.34, "volume": 18051713, "typical_volume": 20108383.45, "trend": 10.28, "fair_value": 16.619231, "relative_strength": -30.538997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.057497, "energy": 50.571818, "activity_lines": [ 8.118, 8.278182, 8.629095, 9.209677 ] }, { "date": "2024-06-28", "close": 7.74, "volume": 14516103, "typical_volume": 19759386.1, "trend": 10.057, "fair_value": 16.43, "relative_strength": -33.927123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.554969, "energy": 54.061665, "activity_lines": [ 7.996, 8.167273, 8.514667, 9.045806 ] }, { "date": "2024-07-05", "close": 7.15, "volume": 14154330, "typical_volume": 18741007.4, "trend": 9.816, "fair_value": 16.203141, "relative_strength": -37.580149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.812295, "energy": 57.302922, "activity_lines": [ 7.705333, 7.949455, 8.350048, 8.858258 ] }, { "date": "2024-07-12", "close": 7.44, "volume": 11117627, "typical_volume": 18243632.35, "trend": 9.598333, "fair_value": 16.010064, "relative_strength": -34.458901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.854314, "energy": 53.964072, "activity_lines": [ 7.594667, 7.812909, 8.221952, 8.704968 ] }, { "date": "2024-07-19", "close": 7.21, "volume": 11021035, "typical_volume": 17260573.3, "trend": 9.393333, "fair_value": 15.820833, "relative_strength": -35.754285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.841455, "energy": 65.56787, "activity_lines": [ 7.405333, 7.662182, 8.083333, 8.550882 ] }, { "date": "2024-07-26", "close": 7.09, "volume": 11917019, "typical_volume": 16656704.05, "trend": 9.204, "fair_value": 15.63282, "relative_strength": -33.941749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.702322, "energy": 71.500596, "activity_lines": [ 7.243333, 7.519455, 7.946524, 8.40228 ] }, { "date": "2024-08-02", "close": 7.33, "volume": 13485985, "typical_volume": 16008065.25, "trend": 9.009, "fair_value": 15.468974, "relative_strength": -31.186801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.414699, "energy": 53.201908, "activity_lines": [ 7.244667, 7.449273, 7.846333, 8.281376 ] }, { "date": "2024-08-09", "close": 7.35, "volume": 13010134, "typical_volume": 14737550.6, "trend": 8.832, "fair_value": 15.350769, "relative_strength": -29.107918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.530264, "energy": 48.471835, "activity_lines": [ 7.28, 7.397818, 7.762619, 8.174344 ] }, { "date": "2024-08-16", "close": 7.63, "volume": 11319775, "typical_volume": 14307327.9, "trend": 8.674667, "fair_value": 15.244423, "relative_strength": -26.034849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.402527, "energy": 39.052232, "activity_lines": [ 7.395333, 7.416364, 7.718619, 8.096796 ] }, { "date": "2024-08-23", "close": 6.87, "volume": 12852079, "typical_volume": 14337402.35, "trend": 8.520333, "fair_value": 15.129936, "relative_strength": -31.99873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.871703, "energy": 42.136112, "activity_lines": [ 7.244667, 7.292727, 7.610667, 7.980366 ] }, { "date": "2024-08-30", "close": 7.34, "volume": 10088774, "typical_volume": 14049934.95, "trend": 8.399333, "fair_value": 15.017372, "relative_strength": -26.172389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.869664, "energy": 33.828567, "activity_lines": [ 7.273333, 7.279091, 7.557857, 7.904215 ] }, { "date": "2024-09-06", "close": 6.59, "volume": 18031084, "typical_volume": 13846946.2, "trend": 8.319, "fair_value": 14.899551, "relative_strength": -31.118778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.970602, "energy": 45.513641, "activity_lines": [ 7.035333, 7.147273, 7.439524, 7.787484 ] }, { "date": "2024-09-13", "close": 6.33, "volume": 9904268, "typical_volume": 13545677.35, "trend": 8.229333, "fair_value": 14.773462, "relative_strength": -31.506539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.261523, "energy": 73.412194, "activity_lines": [ 6.76, 6.989091, 7.302, 7.659161 ] }, { "date": "2024-09-20", "close": 6.27, "volume": 5925925, "typical_volume": 13421849.85, "trend": 8.110667, "fair_value": 14.641538, "relative_strength": -32.149983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.44163, "energy": 77.709228, "activity_lines": [ 6.532667, 6.834909, 7.170143, 7.532753 ] }, { "date": "2024-09-27", "close": 7.34, "volume": 14979252, "typical_volume": 13346985.15, "trend": 8.022333, "fair_value": 14.499103, "relative_strength": -28.813495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.267317, "energy": 59.730305, "activity_lines": [ 6.752667, 6.896545, 7.153, 7.483032 ] }, { "date": "2024-10-04", "close": 8.81, "volume": 16928658, "typical_volume": 13513685.55, "trend": 7.983333, "fair_value": 14.372949, "relative_strength": -20.157718, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.338367, "energy": 6.161156, "activity_lines": [ 7.431333, 7.223091, 7.283048, 7.533849 ] }, { "date": "2024-10-11", "close": 8.99, "volume": 68869489, "typical_volume": 16393357.7, "trend": 7.936667, "fair_value": 14.256538, "relative_strength": -14.715934, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.412683, "energy": 33.743749, "activity_lines": [ 8.072, 7.551091, 7.429619, 7.598796 ] }, { "date": "2024-10-18", "close": 9.01, "volume": 30514188, "typical_volume": 17340309.75, "trend": 7.900667, "fair_value": 14.150833, "relative_strength": -14.803528, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.708954, "energy": 43.436789, "activity_lines": [ 8.559333, 7.852545, 7.574143, 7.668043 ] }, { "date": "2024-10-25", "close": 9.7, "volume": 35083496, "typical_volume": 18157124.25, "trend": 7.910667, "fair_value": 14.049615, "relative_strength": -8.617693, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.404932, "energy": 63.933247, "activity_lines": [ 9.098, 8.249273, 7.781476, 7.784129 ] }, { "date": "2024-11-01", "close": 9.04, "volume": 28561436, "typical_volume": 18516618.5, "trend": 7.910333, "fair_value": 13.952372, "relative_strength": -13.196196, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.021036, "energy": 67.124301, "activity_lines": [ 9.188, 8.488364, 7.915048, 7.856989 ] }, { "date": "2024-11-08", "close": 10.52, "volume": 45383075, "typical_volume": 19883186.6, "trend": 7.975, "fair_value": 13.862628, "relative_strength": -3.264144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.228699, "energy": 83.111538, "activity_lines": [ 9.658, 8.957091, 8.185667, 8.025355 ] }, { "date": "2024-11-15", "close": 10.23, "volume": 56969548, "typical_volume": 22005858.85, "trend": 8.057333, "fair_value": 13.770769, "relative_strength": -1.542764, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.618474, "energy": 72.343687, "activity_lines": [ 9.917333, 9.315273, 8.418286, 8.170839 ] }, { "date": "2024-11-22", "close": 10.19, "volume": 27025511, "typical_volume": 22649417.9, "trend": 8.106333, "fair_value": 13.685256, "relative_strength": 0.976742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.951149, "energy": 58.753036, "activity_lines": [ 10.080667, 9.6, 8.635238, 8.30843 ] }, { "date": "2024-11-29", "close": 10.7, "volume": 26677128, "typical_volume": 23427392.95, "trend": 8.164333, "fair_value": 13.625128, "relative_strength": 5.142131, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.538418, "energy": 64.814203, "activity_lines": [ 10.335333, 9.907273, 8.886286, 8.475763 ] }, { "date": "2024-12-06", "close": 11.36, "volume": 50487151, "typical_volume": 25400698.75, "trend": 8.248, "fair_value": 13.56859, "relative_strength": 10.054966, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.259242, "energy": 63.802677, "activity_lines": [ 10.743333, 10.254, 9.184667, 8.681935 ] }, { "date": "2024-12-13", "close": 11.55, "volume": 74852051, "typical_volume": 28547450.35, "trend": 8.343667, "fair_value": 13.501603, "relative_strength": 13.231056, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.305806, "energy": 61.88913, "activity_lines": [ 11.06, 10.562182, 9.481381, 8.894968 ] }, { "date": "2024-12-20", "close": 11.1, "volume": 29172870, "typical_volume": 29331794.6, "trend": 8.441667, "fair_value": 13.429615, "relative_strength": 10.467905, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.605362, "energy": 52.956291, "activity_lines": [ 11.158, 10.738727, 9.714, 9.072796 ] }, { "date": "2024-12-27", "close": 10.66, "volume": 18449474, "typical_volume": 29603761.6, "trend": 8.517, "fair_value": 13.347949, "relative_strength": 5.939126, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.777435, "energy": 48.462806, "activity_lines": [ 11.051333, 10.796909, 9.886762, 9.215914 ] }, { "date": "2025-01-03", "close": 9.07, "volume": 15667018, "typical_volume": 29821123.75, "trend": 8.572333, "fair_value": 13.261154, "relative_strength": -3.559063, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.023384, "energy": 28.077635, "activity_lines": [ 10.383333, 10.536, 9.892333, 9.251591 ] }, { "date": "2025-01-10", "close": 8.95, "volume": 14058105, "typical_volume": 29881425.05, "trend": 8.596667, "fair_value": 13.170513, "relative_strength": -2.588529, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.573777, "energy": 20.163384, "activity_lines": [ 9.784, 10.264727, 9.879619, 9.275957 ] }, { "date": "2025-01-17", "close": 9.64, "volume": 14264142, "typical_volume": 30090193.45, "trend": 8.64, "fair_value": 13.089359, "relative_strength": 3.449005, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.036217, "energy": 23.272726, "activity_lines": [ 9.575333, 10.120545, 9.922714, 9.343269 ] }, { "date": "2025-01-24", "close": 10.02, "volume": 16326757, "typical_volume": 30004977.1, "trend": 8.716, "fair_value": 13.015128, "relative_strength": 7.876769, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.209408, "energy": 22.087909, "activity_lines": [ 9.620667, 10.061455, 9.991048, 9.432301 ] }, { "date": "2025-01-31", "close": 9.87, "volume": 3542634, "typical_volume": 29686895.4, "trend": 8.806667, "fair_value": 12.910128, "relative_strength": 6.855583, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.802679, "energy": 13.727004, "activity_lines": [ 9.688, 9.978909, 10.028762, 9.506753 ] }, { "date": "2025-02-07", "close": 10.92, "volume": 23357384, "typical_volume": 30558468.35, "trend": 8.922667, "fair_value": 12.813846, "relative_strength": 16.317206, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.818476, "energy": 25.083785, "activity_lines": [ 10.158, 10.093091, 10.149619, 9.643097 ] }, { "date": "2025-02-14", "close": 12.55, "volume": 60947574, "typical_volume": 32856884.45, "trend": 9.100667, "fair_value": 12.736859, "relative_strength": 31.423795, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.6604, "energy": 65.354372, "activity_lines": [ 11.048, 10.499636, 10.403571, 9.877118 ] }, { "date": "2025-02-21", "close": 14.53, "volume": 131312853, "typical_volume": 38576094.2, "trend": 9.348667, "fair_value": 12.683782, "relative_strength": 49.662399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.67103, "energy": 86.93416, "activity_lines": [ 12.358, 11.244545, 10.821286, 10.227398 ] }, { "date": "2025-02-28", "close": 13.73, "volume": 82815380, "typical_volume": 39273388.75, "trend": 9.562, "fair_value": 12.643654, "relative_strength": 43.102392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.516466, "energy": 86.77794, "activity_lines": [ 13.075333, 11.789818, 11.135571, 10.510065 ] }, { "date": "2025-03-07", "close": 14.28, "volume": 54307169, "typical_volume": 40463037.8, "trend": 9.793, "fair_value": 12.605705, "relative_strength": 45.627087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.29985, "energy": 90.495818, "activity_lines": [ 13.728667, 12.387273, 11.479667, 10.814452 ] }, { "date": "2025-03-14", "close": 13.5, "volume": 48844832, "typical_volume": 41151104.6, "trend": 9.988667, "fair_value": 12.568526, "relative_strength": 35.290774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.325909, "energy": 85.397788, "activity_lines": [ 13.828, 12.777091, 11.724381, 11.053613 ] }, { "date": "2025-03-21", "close": 13.01, "volume": 42880039, "typical_volume": 41867034.75, "trend": 10.193333, "fair_value": 12.528013, "relative_strength": 32.01708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.090618, "energy": 61.296727, "activity_lines": [ 13.592, 12.997273, 11.904333, 11.248538 ] }, { "date": "2025-03-28", "close": 12.65, "volume": 24379122, "typical_volume": 40816837.1, "trend": 10.370333, "fair_value": 12.495192, "relative_strength": 28.306017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.74464, "energy": 48.22529, "activity_lines": [ 13.205333, 13.078182, 12.031095, 11.407032 ] }, { "date": "2025-04-04", "close": 12.71, "volume": 18781303, "typical_volume": 38907424.85, "trend": 10.574333, "fair_value": 12.467308, "relative_strength": 28.555166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.922969, "energy": 33.958446, "activity_lines": [ 12.964, 13.115273, 12.153429, 11.557978 ] }, { "date": "2025-04-11", "close": 11.66, "volume": 40285702, "typical_volume": 39570434.4, "trend": 10.752, "fair_value": 12.439359, "relative_strength": 21.116894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.091213, "energy": 21.567911, "activity_lines": [ 12.440667, 12.912545, 12.163952, 11.628022 ] }, { "date": "2025-04-18", "close": 11.47, "volume": 18989134, "typical_volume": 39186034.7, "trend": 10.925333, "fair_value": 12.415449, "relative_strength": 17.009998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.258382, "energy": 20.755087, "activity_lines": [ 12.028667, 12.642727, 12.149381, 11.674344 ] }, { "date": "2025-04-25", "close": 11.43, "volume": 16187721, "typical_volume": 37471063.2, "trend": 11.061667, "fair_value": 12.392436, "relative_strength": 15.474084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.097565, "energy": 18.812572, "activity_lines": [ 11.738667, 12.355636, 12.127333, 11.706903 ] }, { "date": "2025-05-02", "close": 12.6, "volume": 14489913, "typical_volume": 34452956.3, "trend": 11.188, "fair_value": 12.382372, "relative_strength": 27.137808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.174101, "energy": 20.092074, "activity_lines": [ 11.944, 12.301636, 12.216381, 11.806151 ] }, { "date": "2025-05-09", "close": 12.48, "volume": 22441351, "typical_volume": 34116380.35, "trend": 11.304333, "fair_value": 12.371603, "relative_strength": 22.82843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.884838, "energy": 12.762626, "activity_lines": [ 12.112667, 12.260909, 12.289, 11.889505 ] }, { "date": "2025-05-16", "close": 12.39, "volume": 18066501, "typical_volume": 34097231.7, "trend": 11.417, "fair_value": 12.364936, "relative_strength": 20.314881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.125529, "energy": 15.037271, "activity_lines": [ 12.266667, 12.226545, 12.346476, 11.959548 ] }, { "date": "2025-05-23", "close": 11.86, "volume": 20803182, "typical_volume": 34354039.9, "trend": 11.489, "fair_value": 12.360641, "relative_strength": 15.172801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.561884, "energy": 16.264615, "activity_lines": [ 12.195333, 12.130182, 12.345238, 11.988129 ] }, { "date": "2025-05-30", "close": 13.63, "volume": 46749508, "typical_volume": 35988610.05, "trend": 11.642, "fair_value": 12.367692, "relative_strength": 31.287651, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.649774, "energy": 35.166227, "activity_lines": [ 12.688, 12.385455, 12.499286, 12.126258 ] }, { "date": "2025-06-06", "close": 13.28, "volume": 29523204, "typical_volume": 36751563.15, "trend": 11.734, "fair_value": 12.37141, "relative_strength": 25.32419, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.657468, "energy": 42.640416, "activity_lines": [ 12.917333, 12.565818, 12.597714, 12.231935 ] }, { "date": "2025-06-13", "close": 13.56, "volume": 37414588, "typical_volume": 37805954.7, "trend": 11.845, "fair_value": 12.373846, "relative_strength": 27.26316, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.274908, "energy": 55.094212, "activity_lines": [ 13.194667, 12.785636, 12.705476, 12.349742 ] }, { "date": "2025-06-20", "close": 12.79, "volume": 18702739, "typical_volume": 38563959.95, "trend": 11.931667, "fair_value": 12.377308, "relative_strength": 19.898522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.26286, "energy": 51.629168, "activity_lines": [ 13.143333, 12.85, 12.723048, 12.41071 ] }, { "date": "2025-06-27", "close": 13.76, "volume": 31965174, "typical_volume": 38994349.45, "trend": 12.033667, "fair_value": 12.370705, "relative_strength": 25.496409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.114866, "energy": 51.524711, "activity_lines": [ 13.388667, 13.070182, 12.819095, 12.528667 ] }, { "date": "2025-07-04", "close": 14.32, "volume": 41699839, "typical_volume": 38031962.7, "trend": 12.132333, "fair_value": 12.374679, "relative_strength": 27.493052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.331409, "energy": 57.425056, "activity_lines": [ 13.694, 13.350545, 12.954952, 12.676172 ] }, { "date": "2025-07-11", "close": 14.37, "volume": 24719021, "typical_volume": 32702271.1, "trend": 12.226333, "fair_value": 12.375769, "relative_strength": 25.373363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.211512, "energy": 64.308297, "activity_lines": [ 13.97, 13.587455, 13.087143, 12.820538 ] }, { "date": "2025-07-18", "close": 14.73, "volume": 31497679, "typical_volume": 30136386.05, "trend": 12.347333, "fair_value": 12.37641, "relative_strength": 26.328524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.517756, "energy": 73.682939, "activity_lines": [ 14.293333, 13.857636, 13.254381, 12.982065 ] }, { "date": "2025-07-25", "close": 18.139999, "volume": 73552718, "typical_volume": 31098663.5, "trend": 12.596667, "fair_value": 12.402628, "relative_strength": 50.731605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.709955, "energy": 90.408585, "activity_lines": [ 15.675333, 14.706909, 13.741619, 13.355785 ] }, { "date": "2025-08-01", "close": 17.5, "volume": 84776149, "typical_volume": 32895229.35, "trend": 12.877667, "fair_value": 12.419679, "relative_strength": 44.800608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.698589, "energy": 92.632531, "activity_lines": [ 16.487333, 15.335273, 14.149524, 13.672129 ] }, { "date": "2025-08-08", "close": 18.91, "volume": 77033265, "typical_volume": 34602890.65, "trend": 13.209667, "fair_value": 12.45141, "relative_strength": 50.978828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.87071, "energy": 94.851752, "activity_lines": [ 17.52, 16.117454, 14.672667, 14.061312 ] }, { "date": "2025-08-15", "close": 18.42, "volume": 63567956, "typical_volume": 36562332.35, "trend": 13.502333, "fair_value": 12.475897, "relative_strength": 42.755534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.695489, "energy": 90.012143, "activity_lines": [ 18.083333, 16.714545, 15.121048, 14.397462 ] }, { "date": "2025-08-22", "close": 19.93, "volume": 65172233, "typical_volume": 38881878.85, "trend": 13.832667, "fair_value": 12.503462, "relative_strength": 46.980856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.294687, "energy": 90.428589, "activity_lines": [ 18.88, 17.492727, 15.685762, 14.81215 ] }, { "date": "2025-08-29", "close": 17.870001, "volume": 82942432, "typical_volume": 41014715.35, "trend": 14.099333, "fair_value": 12.517756, "relative_strength": 29.252446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.775949, "energy": 63.823523, "activity_lines": [ 18.643334, 17.780546, 16.019905, 15.072624 ] }, { "date": "2025-09-05", "close": 17.299999, "volume": 56817339, "typical_volume": 42906125.6, "trend": 14.312, "fair_value": 12.530064, "relative_strength": 25.172632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.89311, "energy": 54.407644, "activity_lines": [ 18.234667, 17.872364, 16.27019, 15.279118 ] }, { "date": "2025-09-12", "close": 18.09, "volume": 48423796, "typical_volume": 44517929.35, "trend": 14.496667, "fair_value": 12.545897, "relative_strength": 27.34849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.205242, "energy": 47.082743, "activity_lines": [ 18.102667, 18.043454, 16.567952, 15.52286 ] }, { "date": "2025-09-19", "close": 17.65, "volume": 45286605, "typical_volume": 46057763.95, "trend": 14.600667, "fair_value": 12.571282, "relative_strength": 24.375763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.191006, "energy": 32.579576, "activity_lines": [ 17.878667, 18.066, 16.792095, 15.726301 ] }, { "date": "2025-09-26", "close": 17.15, "volume": 43831210, "typical_volume": 47127256.9, "trend": 14.714667, "fair_value": 12.594679, "relative_strength": 19.300652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.7515, "energy": 26.375232, "activity_lines": [ 17.539333, 17.938, 16.944571, 15.890774 ] }, { "date": "2025-10-03", "close": 18.370001, "volume": 25787766, "typical_volume": 47513320.15, "trend": 14.851, "fair_value": 12.625, "relative_strength": 24.653468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.030322, "energy": 29.599067, "activity_lines": [ 17.792, 17.987818, 17.191, 16.126602 ] }, { "date": "2025-10-10", "close": 18.030001, "volume": 16355381, "typical_volume": 47290930.1, "trend": 15.002, "fair_value": 12.659808, "relative_strength": 20.777381, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.239261, "energy": 26.687494, "activity_lines": [ 17.898001, 17.971637, 17.376572, 16.331699 ] }, { "date": "2025-10-17", "close": 17.530001, "volume": 33830997, "typical_volume": 46645004.55, "trend": 15.152667, "fair_value": 12.696859, "relative_strength": 18.110558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.493952, "energy": 23.635577, "activity_lines": [ 17.788667, 17.85491, 17.485143, 16.494796 ] }, { "date": "2025-10-24", "close": 17.700001, "volume": 22516667, "typical_volume": 46294677.7, "trend": 15.321, "fair_value": 12.733333, "relative_strength": 15.036395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.806689, "energy": 25.335492, "activity_lines": [ 17.773334, 17.794182, 17.591334, 16.65914 ] }, { "date": "2025-10-31", "close": 17.290001, "volume": 29558916, "typical_volume": 45901894.1, "trend": 15.473667, "fair_value": 12.759487, "relative_strength": 11.359766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.128256, "energy": 19.217653, "activity_lines": [ 17.618001, 17.672001, 17.637429, 16.786172 ] }, { "date": "2025-11-07", "close": 16.91, "volume": 43695649, "typical_volume": 47151539.6, "trend": 15.648667, "fair_value": 12.776603, "relative_strength": 7.126457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.02043, "energy": 12.464151, "activity_lines": [ 17.326667, 17.528728, 17.629572, 16.878839 ] }, { "date": "2025-11-14", "close": 17.309999, "volume": 19187972, "typical_volume": 46512679.5, "trend": 15.843333, "fair_value": 12.800962, "relative_strength": 9.181221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.401027, "energy": 11.327224, "activity_lines": [ 17.266, 17.475637, 17.640191, 16.986022 ] }, { "date": "2025-11-21", "close": 15.83, "volume": 19730769, "typical_volume": 45414226.0, "trend": 15.99, "fair_value": 12.812051, "relative_strength": 3.392571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.434541, "energy": 11.282392, "activity_lines": [ 16.76, 17.153273, 17.492953, 16.985161 ] }, { "date": "2025-11-28", "close": 15.72, "volume": 18080110, "typical_volume": 45082280.45, "trend": 16.094, "fair_value": 12.825321, "relative_strength": 0.85485, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.991495, "energy": 26.67067, "activity_lines": [ 16.330667, 16.852, 17.328048, 16.967742 ] }, { "date": "2025-12-05", "close": 15.28, "volume": 19330386, "typical_volume": 44473915.8, "trend": 16.187333, "fair_value": 12.832436, "relative_strength": -2.595134, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.844486, "energy": 47.189355, "activity_lines": [ 15.886667, 16.505818, 17.11481, 16.915226 ] }, { "date": "2025-12-12", "close": 14.73, "volume": 21292472, "typical_volume": 41860903.5, "trend": 16.265333, "fair_value": 12.844295, "relative_strength": -5.948116, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.213571, "energy": 58.385527, "activity_lines": [ 15.393333, 16.093636, 16.846572, 16.821204 ] }, { "date": "2025-12-19", "close": 14.74, "volume": 18979076, "typical_volume": 38571049.85, "trend": 16.361333, "fair_value": 12.854295, "relative_strength": -6.131981, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.149367, "energy": 63.677425, "activity_lines": [ 15.048667, 15.749455, 16.595524, 16.722796 ] }, { "date": "2025-12-26", "close": 14.82, "volume": 18208961, "typical_volume": 35629834.65, "trend": 16.401, "fair_value": 12.866154, "relative_strength": -7.631911, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.923626, "energy": 63.161858, "activity_lines": [ 14.902, 15.479636, 16.365238, 16.623355 ] }, { "date": "2026-01-02", "close": 15.19, "volume": 19788086, "typical_volume": 33440841.15, "trend": 16.464667, "fair_value": 12.881026, "relative_strength": -5.897359, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.205447, "energy": 56.940913, "activity_lines": [ 14.946, 15.326364, 16.189667, 16.545226 ] }, { "date": "2026-01-09", "close": 17.959999, "volume": 77459800, "typical_volume": 34055219.5, "trend": 16.611333, "fair_value": 12.918718, "relative_strength": 6.397877, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.764418, "energy": 11.539856, "activity_lines": [ 15.948666, 15.722363, 16.293286, 16.641699 ] }, { "date": "2026-01-16", "close": 22.93, "volume": 194817023, "typical_volume": 39648949.05, "trend": 16.949333, "fair_value": 12.989487, "relative_strength": 34.798406, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.622458, "energy": 42.840603, "activity_lines": [ 18.429333, 17.009818, 16.879619, 17.049355 ] }, { "date": "2026-01-23", "close": 23.99, "volume": 122830393, "typical_volume": 42949601.75, "trend": 17.290333, "fair_value": 13.064936, "relative_strength": 38.120143, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.963385, "energy": 74.003739, "activity_lines": [ 20.716666, 18.380545, 17.54281, 17.503591 ] }, { "date": "2026-01-30", "close": 23.0, "volume": 94345590, "typical_volume": 45245691.45, "trend": 17.579667, "fair_value": 13.131667, "relative_strength": 31.471414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.6826, "energy": 84.310067, "activity_lines": [ 22.057333, 19.449818, 18.079857, 17.871957 ] }, { "date": "2026-02-06", "close": 27.049999, "volume": 87733541, "typical_volume": 47368038.25, "trend": 18.002333, "fair_value": 13.217821, "relative_strength": 54.275264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.194933, "energy": 96.015902, "activity_lines": [ 24.202666, 21.125091, 18.979238, 18.482946 ] }, { "date": "2026-02-13", "close": 25.059999, "volume": 65592826, "typical_volume": 48456119.05, "trend": 18.346667, "fair_value": 13.285513, "relative_strength": 40.847769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.638448, "energy": 88.569591, "activity_lines": [ 24.893999, 22.232545, 19.644333, 18.938279 ] }, { "date": "2026-02-27", "close": 27.950001, "volume": 62236028, "typical_volume": 50278532.15, "trend": 18.673667, "fair_value": 13.369744, "relative_strength": 52.417945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.444318, "energy": 90.896826, "activity_lines": [ 26.075333, 23.687636, 20.547, 19.557849 ] }, { "date": "2026-03-06", "close": 23.809999, "volume": 66704034, "typical_volume": 52795964.8, "trend": 18.884, "fair_value": 13.429359, "relative_strength": 30.128517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.250553, "energy": 60.668807, "activity_lines": [ 25.542, 24.149636, 21.009762, 19.889226 ] }, { "date": "2026-03-13", "close": 23.99, "volume": 43571708, "typical_volume": 53283000.35, "trend": 19.053333, "fair_value": 13.491731, "relative_strength": 31.10988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.058918, "energy": 51.356953, "activity_lines": [ 25.080666, 24.479454, 21.462143, 20.218645 ] }, { "date": "2026-03-20", "close": 22.799999, "volume": 37056878, "typical_volume": 54010010.9, "trend": 19.199333, "fair_value": 13.546346, "relative_strength": 27.965166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.205362, "energy": 38.620126, "activity_lines": [ 24.156666, 24.426181, 21.770428, 20.460365 ] }, { "date": "2026-03-27", "close": 22.469999, "volume": 42786578, "typical_volume": 54671394.0, "trend": 19.284, "fair_value": 13.597244, "relative_strength": 26.496318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.388577, "energy": 24.225491, "activity_lines": [ 23.405999, 24.174545, 22.023, 20.671376 ] }, { "date": "2026-04-03", "close": 22.75, "volume": 38546689, "typical_volume": 54413946.0, "trend": 19.446667, "fair_value": 13.640641, "relative_strength": 28.049381, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.94263, "energy": 21.476313, "activity_lines": [ 22.921333, 23.891818, 22.277571, 20.894989 ] }, { "date": "2026-04-10", "close": 23.84, "volume": 37017553, "typical_volume": 55305425.05, "trend": 19.664667, "fair_value": 13.685385, "relative_strength": 29.428357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.231691, "energy": 19.813046, "activity_lines": [ 23.146666, 23.810545, 22.608143, 21.17843 ] }, { "date": "2026-04-17", "close": 21.51, "volume": 61405075, "typical_volume": 57389140.35, "trend": 19.778667, "fair_value": 13.713526, "relative_strength": 14.088139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.034795, "energy": 18.07999, "activity_lines": [ 22.593333, 23.308363, 22.685714, 21.297484 ] }, { "date": "2026-04-24", "close": 20.049999, "volume": 33048128, "typical_volume": 58137541.25, "trend": 19.858667, "fair_value": 13.729744, "relative_strength": 4.988717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.224113, "energy": 11.108754, "activity_lines": [ 21.718666, 22.567818, 22.59719, 21.314989 ] }, { "date": "2026-05-01", "close": 19.92, "volume": 31821109, "typical_volume": 58762077.4, "trend": 19.951, "fair_value": 13.743974, "relative_strength": 2.908236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.042239, "energy": 12.91343, "activity_lines": [ 20.984, 21.930909, 22.475666, 21.318946 ] }, { "date": "2026-05-08", "close": 20.42, "volume": 23165047, "typical_volume": 58855706.15, "trend": 20.019333, "fair_value": 13.772115, "relative_strength": 3.340155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.240658, "energy": 18.520033, "activity_lines": [ 20.586, 21.478363, 22.379666, 21.349204 ] }, { "date": "2026-05-15", "close": 19.139999, "volume": 51052570, "typical_volume": 60459380.85, "trend": 20.056333, "fair_value": 13.78282, "relative_strength": -2.448569, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.332381, "energy": 40.556956, "activity_lines": [ 19.916666, 20.93, 22.134666, 21.292473 ] }, { "date": "2026-05-22", "close": 19.049999, "volume": 43534885, "typical_volume": 61725677.05, "trend": 20.107, "fair_value": 13.792436, "relative_strength": -2.751776, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.800046, "energy": 46.662303, "activity_lines": [ 19.530666, 20.450181, 21.860142, 21.227548 ] }, { "date": "2026-05-29", "close": 17.33, "volume": 42840970, "typical_volume": 62878321.25, "trend": 20.094666, "fair_value": 13.801603, "relative_strength": -10.826597, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.757719, "energy": 56.724251, "activity_lines": [ 18.735333, 19.747454, 21.401666, 21.048387 ] }, { "date": "2026-06-05", "close": 16.66, "volume": 7635232, "typical_volume": 59387092.85, "trend": 20.073666, "fair_value": 13.801538, "relative_strength": -13.427588, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.002103, "energy": 65.357927, "activity_lines": [ 17.898, 19.022363, 20.86919, 20.826795 ] }, { "date": "2026-06-12", "close": 17.5, "volume": 8927157, "typical_volume": 50092599.55, "trend": 20.093333, "fair_value": 13.808462, "relative_strength": -9.300392, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.229887, "energy": 66.324691, "activity_lines": [ 17.558, 18.555636, 20.422904, 20.660752 ] }, { "date": "2026-06-19", "close": 18.870001, "volume": 51226812, "typical_volume": 46512420.5, "trend": 20.145333, "fair_value": 13.819103, "relative_strength": -3.840743, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.57481, "energy": 56.491993, "activity_lines": [ 17.869334, 18.433454, 20.132952, 20.581828 ] }, { "date": "2026-06-26", "close": 16.299999, "volume": 11895006, "typical_volume": 42389891.3, "trend": 20.161, "fair_value": 13.816923, "relative_strength": -15.714664, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.63231, "energy": 57.605669, "activity_lines": [ 17.342, 17.934363, 19.622619, 20.333742 ] }, { "date": "2026-07-03", "close": 18.26, "volume": 10446248, "typical_volume": 38525526.65, "trend": 20.245666, "fair_value": 13.816987, "relative_strength": -6.14908, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.787392, "energy": 43.086031, "activity_lines": [ 17.651333, 17.886363, 19.330857, 20.211097 ] }, { "date": "2026-07-10", "close": 18.440001, "volume": 40270133, "typical_volume": 37259392.0, "trend": 20.351, "fair_value": 13.816603, "relative_strength": -4.285428, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.414411, "energy": 32.602652, "activity_lines": [ 17.958667, 17.903636, 19.098095, 20.094602 ] }, { "date": "2026-07-17", "close": 19.09, "volume": 35546859, "typical_volume": 35924933.55, "trend": 20.496333, "fair_value": 13.820769, "relative_strength": 4.787186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.376937, "energy": 28.082447, "activity_lines": [ 18.364, 18.066, 18.958762, 20.013247 ] }, { "date": "2026-07-24", "close": 19.09, "volume": 0, "typical_volume": 32589731.85, "trend": 20.641333, "fair_value": 13.832436, "relative_strength": 3.069381, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.029471, "energy": 21.365246, "activity_lines": [ 18.663333, 18.252546, 18.861619, 19.922516 ] }, { "date": "2026-07-31", "close": 17.530001, "volume": 51651196, "typical_volume": 32993706.25, "trend": 20.731666, "fair_value": 13.839551, "relative_strength": -5.622426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.052993, "energy": 21.629324, "activity_lines": [ 18.428, 18.156364, 18.638381, 19.721785 ] }, { "date": "2026-08-07", "close": 17.809999, "volume": 53666649, "typical_volume": 33824194.8, "trend": 20.819, "fair_value": 13.85359, "relative_strength": -6.591211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.170858, "energy": 21.596704, "activity_lines": [ 18.204, 18.138727, 18.472571, 19.53329 ] } ], "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." } } }