{ "ticker": { "uuid": "e5e6f79a-60f6-4e76-9603-04da045b32ff", "symbol": "300971", "name": "Xiangyang BOYA Precision Industrial Equipments Co., Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.306, "architecture_energy": 59.21, "architecture_maturity": 33.54, "architecture_confidence": 87.213, "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": 8.05, "rotation_up": 16.66, "upward_expansion": 9.89, "deceleration": 49.27, "rotation_down": 65.62, "downward_expansion": 83.22 }, "activity_lines": [ 18.010666, 18.51883, 20.05826, 21.111984 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 18.809999, "trend_reference": 22.547194, "distance_from_trend": -0.16575, "trend_direction": "Weakening", "fair_value": 17.967915, "distance_from_fair_value": 0.046866, "fair_value_direction": "Weakening", "relative_strength": -21.239386, "relative_strength_direction": "Weakening", "price_momentum": -0.25505, "excess_performance": -0.262449, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.16575, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.071954, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.046866, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.364497, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.212394, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.111299, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.25505, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.407762, "read": "Supply-led" } ], "volume": { "latest": 10678617, "relative_activity": 0.846363, "balance": 0.407762, "dry_up": 0.974438, "accumulation_observations": 0, "distribution_observations": 6 }, "risk": { "range_context": 0.090926, "annualized_volatility": 0.382608, "from_high_reference": -0.330128, "from_low_reference": 0.159679 }, "levels": { "trend_reference": 22.547194, "fair_value_reference": 17.967915, "structural_low": 16.219999, "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": 12, "median_return": -0.030588, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.01303, "regime_survival": 0.75, "best_return": 0.141769, "worst_return": -0.131631, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.0464, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008435, "regime_survival": 0.5, "best_return": 0.198455, "worst_return": -0.265188, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.060725, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.083103, "regime_survival": 0.0, "best_return": 0.219446, "worst_return": -0.097997, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.086746, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.085583, "regime_survival": 0.0, "best_return": 0.215054, "worst_return": -0.041563, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-07-26", "tenure": "Established", "return": 0.033683, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-10-18", "tenure": "Developing", "return": 0.110532, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-10", "tenure": "Developing", "return": -0.06341, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-03-07", "tenure": "Developing", "return": 0.095656, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.066344, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.177548, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-12-05", "tenure": "Extended", "return": 0.395937, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": 0.024242, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": -0.091856, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.005801, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.090104, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.039819, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": -0.1476, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.114641, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 17.673941, "volume": 7732970, "typical_volume": 12382388.55, "trend": 16.440565, "fair_value": 20.090395, "relative_strength": 12.355021, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.201284, "energy": 37.869851, "activity_lines": [ 17.767328, 17.688198, 17.243857, 16.973161 ] }, { "date": "2023-08-04", "close": 16.69128, "volume": 6538911, "typical_volume": 11023691.55, "trend": 16.542024, "fair_value": 20.061589, "relative_strength": 4.677709, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.467308, "energy": 15.058825, "activity_lines": [ 17.359861, 17.527738, 17.212987, 16.989336 ] }, { "date": "2023-08-11", "close": 16.301003, "volume": 5818983, "typical_volume": 9764486.25, "trend": 16.612084, "fair_value": 20.029987, "relative_strength": 6.287258, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.249905, "energy": 16.845854, "activity_lines": [ 16.929163, 17.314202, 17.15308, 16.973786 ] }, { "date": "2023-08-18", "close": 16.774912, "volume": 8739562, "typical_volume": 9542736.85, "trend": 16.702768, "fair_value": 20.002861, "relative_strength": 12.758269, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.597954, "energy": 20.817088, "activity_lines": [ 16.78188, 17.199146, 17.142189, 16.984291 ] }, { "date": "2023-08-25", "close": 15.931636, "volume": 8536003, "typical_volume": 9318088.15, "trend": 16.753849, "fair_value": 19.969215, "relative_strength": 10.370225, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.859689, "energy": 32.174124, "activity_lines": [ 16.447823, 16.927854, 17.048278, 16.934541 ] }, { "date": "2023-09-01", "close": 17.088526, "volume": 12638246, "typical_volume": 9220056.8, "trend": 16.783267, "fair_value": 19.945603, "relative_strength": 14.245449, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -13.312291, "energy": 19.538848, "activity_lines": [ 16.585813, 16.895162, 17.070056, 16.956133 ] }, { "date": "2023-09-08", "close": 17.109432, "volume": 6553261, "typical_volume": 9083852.75, "trend": 16.824875, "fair_value": 19.922544, "relative_strength": 15.7725, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.253861, "energy": 10.495051, "activity_lines": [ 16.7698, 16.872226, 17.091625, 16.977176 ] }, { "date": "2023-09-15", "close": 16.405542, "volume": 21850002, "typical_volume": 9811571.45, "trend": 16.854974, "fair_value": 19.894182, "relative_strength": 12.126229, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.092872, "energy": 13.422955, "activity_lines": [ 16.69128, 16.742852, 17.035091, 16.950122 ] }, { "date": "2023-09-22", "close": 18.949308, "volume": 88409959, "typical_volume": 14077262.75, "trend": 16.941591, "fair_value": 19.886623, "relative_strength": 28.262799, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.53095, "energy": 29.885831, "activity_lines": [ 17.453713, 17.108293, 17.216422, 17.08524 ] }, { "date": "2023-09-29", "close": 20.224676, "volume": 95930083, "typical_volume": 18489227.45, "trend": 17.083132, "fair_value": 19.889306, "relative_strength": 36.662893, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.253895, "energy": 62.649559, "activity_lines": [ 18.496309, 17.691807, 17.503493, 17.297052 ] }, { "date": "2023-10-13", "close": 17.430017, "volume": 57864883, "typical_volume": 20924140.85, "trend": 17.107153, "fair_value": 19.869941, "relative_strength": 17.746632, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.695937, "energy": 48.834255, "activity_lines": [ 18.321149, 17.712715, 17.505302, 17.319432 ] }, { "date": "2023-10-20", "close": 16.454327, "volume": 34133108, "typical_volume": 21898640.55, "trend": 17.042331, "fair_value": 19.843257, "relative_strength": 16.316345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.862087, "energy": 26.002248, "activity_lines": [ 17.797993, 17.560659, 17.41217, 17.277314 ] }, { "date": "2023-10-27", "close": 16.95611, "volume": 23424974, "typical_volume": 22570537.05, "trend": 17.036992, "fair_value": 19.820876, "relative_strength": 16.792884, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.667292, "energy": 13.246075, "activity_lines": [ 17.485771, 17.504145, 17.372638, 17.271752 ] }, { "date": "2023-11-03", "close": 17.193064, "volume": 16979578, "typical_volume": 23111360.85, "trend": 17.069894, "fair_value": 19.800662, "relative_strength": 17.034098, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.226609, "energy": 16.255954, "activity_lines": [ 17.21583, 17.478802, 17.355779, 17.281821 ] }, { "date": "2023-11-10", "close": 17.31851, "volume": 14075829, "typical_volume": 23242514.4, "trend": 17.077554, "fair_value": 19.781714, "relative_strength": 16.020626, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.460852, "energy": 16.334791, "activity_lines": [ 17.104787, 17.468665, 17.348113, 17.29786 ] }, { "date": "2023-11-17", "close": 17.973618, "volume": 15459616, "typical_volume": 23631874.2, "trend": 17.122453, "fair_value": 19.768016, "relative_strength": 19.802363, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.70708, "energy": 13.277853, "activity_lines": [ 17.405858, 17.552423, 17.403634, 17.355671 ] }, { "date": "2023-11-24", "close": 17.409111, "volume": 14485048, "typical_volume": 23563048.4, "trend": 17.209911, "fair_value": 19.75028, "relative_strength": 17.0706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.873223, "energy": 10.480523, "activity_lines": [ 17.48252, 17.51745, 17.402738, 17.374165 ] }, { "date": "2023-12-01", "close": 17.506681, "volume": 11058809, "typical_volume": 23502262.7, "trend": 17.277404, "fair_value": 19.733537, "relative_strength": 18.594087, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.982273, "energy": 16.011098, "activity_lines": [ 17.528052, 17.494769, 17.415349, 17.393312 ] }, { "date": "2023-12-08", "close": 16.844601, "volume": 10676379, "typical_volume": 23595627.1, "trend": 17.31731, "fair_value": 19.712137, "relative_strength": 15.546209, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.791258, "energy": 4.180181, "activity_lines": [ 17.316187, 17.331688, 17.368124, 17.365389 ] }, { "date": "2023-12-15", "close": 17.025805, "volume": 9239612, "typical_volume": 23507290.8, "trend": 17.344407, "fair_value": 19.692385, "relative_strength": 18.201782, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.779784, "energy": 9.328509, "activity_lines": [ 17.187954, 17.239822, 17.344562, 17.346582 ] }, { "date": "2023-12-22", "close": 16.809757, "volume": 8880425, "typical_volume": 23564663.55, "trend": 17.337868, "fair_value": 19.671344, "relative_strength": 17.968192, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.803833, "energy": 27.952247, "activity_lines": [ 17.007219, 17.166835, 17.301386, 17.312088 ] }, { "date": "2023-12-29", "close": 17.353355, "volume": 7472560, "typical_volume": 23611346.0, "trend": 17.32715, "fair_value": 19.654547, "relative_strength": 17.091666, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.864894, "energy": 22.870283, "activity_lines": [ 17.085273, 17.203962, 17.314096, 17.313088 ] }, { "date": "2024-01-05", "close": 16.997927, "volume": 7148129, "typical_volume": 23677803.3, "trend": 17.327802, "fair_value": 19.635434, "relative_strength": 18.928542, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.069981, "energy": 29.757454, "activity_lines": [ 17.048569, 17.160119, 17.289804, 17.291847 ] }, { "date": "2024-01-12", "close": 16.558865, "volume": 12123535, "typical_volume": 23847001.95, "trend": 17.325944, "fair_value": 19.613459, "relative_strength": 16.544055, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.970754, "energy": 38.423765, "activity_lines": [ 16.899428, 17.035687, 17.220377, 17.242239 ] }, { "date": "2024-01-19", "close": 15.255621, "volume": 8383467, "typical_volume": 23839375.15, "trend": 17.251606, "fair_value": 19.582552, "relative_strength": 9.280266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.645414, "energy": 63.478409, "activity_lines": [ 16.334921, 16.685832, 17.027861, 17.108669 ] }, { "date": "2024-01-26", "close": 15.032605, "volume": 16832917, "typical_volume": 24049108.7, "trend": 17.172157, "fair_value": 19.55051, "relative_strength": 7.331036, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.753724, "energy": 76.122315, "activity_lines": [ 15.814088, 16.332936, 16.817324, 16.965508 ] }, { "date": "2024-02-02", "close": 11.903427, "volume": 14911904, "typical_volume": 24467040.85, "trend": 16.959131, "fair_value": 19.497034, "relative_strength": -7.862337, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.429489, "energy": 92.394603, "activity_lines": [ 14.368672, 15.464571, 16.31856, 16.62559 ] }, { "date": "2024-02-09", "close": 10.425952, "volume": 23034372, "typical_volume": 24526259.35, "trend": 16.700573, "fair_value": 19.434041, "relative_strength": -26.15238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.776778, "energy": 97.691793, "activity_lines": [ 12.794093, 14.427678, 15.703875, 16.204095 ] }, { "date": "2024-02-23", "close": 12.579441, "volume": 20251159, "typical_volume": 21118319.35, "trend": 16.513565, "fair_value": 19.386768, "relative_strength": -13.408813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.835471, "energy": 87.727135, "activity_lines": [ 12.375475, 13.911069, 15.322758, 15.938215 ] }, { "date": "2024-03-01", "close": 13.645732, "volume": 41215336, "typical_volume": 18382582.0, "trend": 16.394159, "fair_value": 19.347445, "relative_strength": -9.839375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.744488, "energy": 81.777928, "activity_lines": [ 12.577583, 13.665879, 15.073526, 15.753194 ] }, { "date": "2024-03-08", "close": 13.450594, "volume": 39051696, "typical_volume": 17441922.65, "trend": 16.253381, "fair_value": 19.307331, "relative_strength": -10.557498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.421665, "energy": 56.042225, "activity_lines": [ 12.82197, 13.446665, 14.837037, 15.563286 ] }, { "date": "2024-03-15", "close": 15.471667, "volume": 48564161, "typical_volume": 18163475.3, "trend": 16.212727, "fair_value": 19.281414, "relative_strength": -0.039167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.817165, "energy": 29.165674, "activity_lines": [ 13.845516, 13.655995, 14.811981, 15.512853 ] }, { "date": "2024-03-22", "close": 14.203268, "volume": 38215760, "typical_volume": 18903014.6, "trend": 16.142803, "fair_value": 19.247333, "relative_strength": -7.808474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.502722, "energy": 22.413405, "activity_lines": [ 14.20838, 13.66892, 14.670804, 15.38321 ] }, { "date": "2024-03-29", "close": 13.8339, "volume": 17354613, "typical_volume": 18921766.35, "trend": 16.044769, "fair_value": 19.211243, "relative_strength": -8.458027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.868748, "energy": 21.220858, "activity_lines": [ 14.1963, 13.665499, 14.507558, 15.234249 ] }, { "date": "2024-04-05", "close": 13.84087, "volume": 9207895, "typical_volume": 18678369.65, "trend": 15.975077, "fair_value": 19.175678, "relative_strength": -9.770129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.977466, "energy": 20.402877, "activity_lines": [ 14.102912, 13.712889, 14.360973, 15.092062 ] }, { "date": "2024-04-12", "close": 13.373932, "volume": 22765721, "typical_volume": 19043674.9, "trend": 15.851257, "fair_value": 19.137508, "relative_strength": -9.896052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.238938, "energy": 24.481055, "activity_lines": [ 13.84087, 13.701105, 14.186477, 14.924246 ] }, { "date": "2024-04-19", "close": 11.994027, "volume": 20176933, "typical_volume": 19328269.15, "trend": 15.680744, "fair_value": 19.090819, "relative_strength": -19.508706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.399918, "energy": 38.369237, "activity_lines": [ 13.123969, 13.468587, 13.902464, 14.675393 ] }, { "date": "2024-04-26", "close": 12.872148, "volume": 17851964, "typical_volume": 19667926.9, "trend": 15.562964, "fair_value": 19.050438, "relative_strength": -15.249669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.143309, "energy": 35.703571, "activity_lines": [ 12.931619, 13.394079, 13.727869, 14.494193 ] }, { "date": "2024-05-03", "close": 13.046378, "volume": 4964400, "typical_volume": 19382327.95, "trend": 15.3662, "fair_value": 19.011702, "relative_strength": -15.277089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.438982, "energy": 35.835346, "activity_lines": [ 12.886086, 13.306774, 13.591936, 14.331832 ] }, { "date": "2024-05-10", "close": 13.339086, "volume": 11573651, "typical_volume": 19499029.9, "trend": 15.13668, "fair_value": 18.975339, "relative_strength": -14.664609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.996742, "energy": 37.58104, "activity_lines": [ 12.990625, 13.264198, 13.501966, 14.201051 ] }, { "date": "2024-05-17", "close": 13.485439, "volume": 17374322, "typical_volume": 19923724.75, "trend": 15.005194, "fair_value": 18.866959, "relative_strength": -13.5235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.572774, "energy": 27.664623, "activity_lines": [ 13.1774, 13.253808, 13.443491, 14.094519 ] }, { "date": "2024-05-24", "close": 12.621256, "volume": 14035361, "typical_volume": 20251864.8, "trend": 14.877425, "fair_value": 18.789331, "relative_strength": -16.48509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.826015, "energy": 30.168935, "activity_lines": [ 13.06868, 13.08566, 13.318543, 13.940717 ] }, { "date": "2024-05-31", "close": 13.325147, "volume": 16285585, "typical_volume": 20708737.6, "trend": 14.756393, "fair_value": 18.723652, "relative_strength": -11.14307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.056123, "energy": 21.784586, "activity_lines": [ 13.152775, 13.097317, 13.283166, 13.84057 ] }, { "date": "2024-06-07", "close": 12.534369, "volume": 41149054, "typical_volume": 22160013.55, "trend": 14.601103, "fair_value": 18.64293, "relative_strength": -15.163776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.99188, "energy": 28.378788, "activity_lines": [ 12.943078, 12.981163, 13.189966, 13.697213 ] }, { "date": "2024-06-14", "close": 12.209169, "volume": 12744007, "typical_volume": 22378040.55, "trend": 14.430792, "fair_value": 18.562143, "relative_strength": -17.11034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.107275, "energy": 38.609734, "activity_lines": [ 12.659114, 12.829509, 13.084959, 13.542895 ] }, { "date": "2024-06-21", "close": 12.00415, "volume": 12474208, "typical_volume": 22160105.1, "trend": 14.231809, "fair_value": 18.482279, "relative_strength": -16.600721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.7081, "energy": 44.976535, "activity_lines": [ 12.382139, 12.670246, 12.974933, 13.386338 ] }, { "date": "2024-06-28", "close": 13.198911, "volume": 61719396, "typical_volume": 24500479.7, "trend": 14.091469, "fair_value": 18.408869, "relative_strength": -5.997698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.828805, "energy": 30.360387, "activity_lines": [ 12.60217, 12.753118, 12.993116, 13.319699 ] }, { "date": "2024-07-05", "close": 12.569717, "volume": 43124558, "typical_volume": 25504989.0, "trend": 13.926904, "fair_value": 18.328157, "relative_strength": -8.759076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.358484, "energy": 27.28344, "activity_lines": [ 12.573959, 12.699683, 12.945206, 13.221521 ] }, { "date": "2024-07-12", "close": 12.470744, "volume": 20762956, "typical_volume": 25530578.85, "trend": 13.781109, "fair_value": 18.2424, "relative_strength": -10.827007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.753496, "energy": 25.368375, "activity_lines": [ 12.563119, 12.633753, 12.877661, 13.127576 ] }, { "date": "2024-07-19", "close": 12.067777, "volume": 14391930, "typical_volume": 24189408.55, "trend": 13.615841, "fair_value": 18.166358, "relative_strength": -13.855014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.480097, "energy": 26.708975, "activity_lines": [ 12.422199, 12.505022, 12.772257, 13.017038 ] }, { "date": "2024-07-26", "close": 15.538942, "volume": 44856191, "typical_volume": 24479633.3, "trend": 13.573481, "fair_value": 18.110829, "relative_strength": 14.640203, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.43411, "energy": 8.774452, "activity_lines": [ 13.44776, 13.030526, 13.004953, 13.141109 ] }, { "date": "2024-08-02", "close": 13.55946, "volume": 110377255, "typical_volume": 27570288.0, "trend": 13.447017, "fair_value": 18.049955, "relative_strength": 0.556855, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.801741, "energy": 9.368598, "activity_lines": [ 13.57784, 13.158788, 13.039183, 13.140205 ] }, { "date": "2024-08-09", "close": 13.319093, "volume": 45630440, "typical_volume": 27941022.0, "trend": 13.32439, "fair_value": 17.98063, "relative_strength": 0.661975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.686295, "energy": 10.828732, "activity_lines": [ 13.603762, 13.226289, 13.059627, 13.131951 ] }, { "date": "2024-08-16", "close": 13.778616, "volume": 28960751, "typical_volume": 28521328.9, "trend": 13.231715, "fair_value": 17.919901, "relative_strength": 4.471364, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.06896, "energy": 15.835456, "activity_lines": [ 13.7329, 13.37745, 13.128045, 13.161256 ] }, { "date": "2024-08-23", "close": 12.986822, "volume": 31114940, "typical_volume": 29616681.15, "trend": 13.156088, "fair_value": 17.850793, "relative_strength": 0.392385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.069255, "energy": 4.491824, "activity_lines": [ 13.510914, 13.362025, 13.121317, 13.145457 ] }, { "date": "2024-08-30", "close": 12.972684, "volume": 19780439, "typical_volume": 29467417.05, "trend": 13.087424, "fair_value": 17.792676, "relative_strength": -1.657786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 17.38824, "energy": 7.49016, "activity_lines": [ 13.222947, 13.32989, 13.11731, 13.133624 ] }, { "date": "2024-09-06", "close": 12.449534, "volume": 22634956, "typical_volume": 29590318.2, "trend": 13.105628, "fair_value": 17.719515, "relative_strength": -3.047656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.966291, "energy": 11.465235, "activity_lines": [ 12.93168, 13.185028, 13.06539, 13.09247 ] }, { "date": "2024-09-13", "close": 11.86276, "volume": 11524345, "typical_volume": 29273937.25, "trend": 13.153521, "fair_value": 17.628688, "relative_strength": -5.744688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.22313, "energy": 29.942878, "activity_lines": [ 12.518817, 12.947105, 12.955417, 13.012285 ] }, { "date": "2024-09-20", "close": 11.898108, "volume": 5891060, "typical_volume": 29320270.25, "trend": 13.13081, "fair_value": 17.530525, "relative_strength": -6.318254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.769634, "energy": 41.36689, "activity_lines": [ 12.214825, 12.728462, 12.853618, 12.931291 ] }, { "date": "2024-09-27", "close": 13.326162, "volume": 20264573, "typical_volume": 29754816.35, "trend": 13.120158, "fair_value": 17.407274, "relative_strength": -10.714371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.316146, "energy": 31.169738, "activity_lines": [ 12.512218, 12.779877, 12.893292, 12.943894 ] }, { "date": "2024-10-04", "close": 14.994584, "volume": 13659111, "typical_volume": 29569055.8, "trend": 13.171624, "fair_value": 17.303365, "relative_strength": -8.729335, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.091399, "energy": 14.475901, "activity_lines": [ 13.34313, 13.111762, 13.091924, 13.064825 ] }, { "date": "2024-10-11", "close": 13.969495, "volume": 40633458, "typical_volume": 30898960.65, "trend": 13.121552, "fair_value": 17.210702, "relative_strength": -10.328447, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.397379, "energy": 18.70422, "activity_lines": [ 13.697552, 13.267164, 13.185743, 13.1163 ] }, { "date": "2024-10-18", "close": 15.05821, "volume": 29325956, "typical_volume": 31550979.2, "trend": 13.15005, "fair_value": 17.134491, "relative_strength": -5.786451, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.940745, "energy": 47.570554, "activity_lines": [ 14.313548, 13.613059, 13.376828, 13.241246 ] }, { "date": "2024-10-25", "close": 15.051141, "volume": 30820841, "typical_volume": 31034568.55, "trend": 13.190624, "fair_value": 17.065536, "relative_strength": -7.808401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.79904, "energy": 63.112805, "activity_lines": [ 14.714157, 13.926049, 13.558988, 13.363897 ] }, { "date": "2024-11-01", "close": 14.195722, "volume": 26088038, "typical_volume": 31701770.1, "trend": 13.202453, "fair_value": 16.996138, "relative_strength": -11.262023, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.433444, "energy": 60.379314, "activity_lines": [ 14.619425, 14.060371, 13.647694, 13.428742 ] }, { "date": "2024-11-08", "close": 15.538942, "volume": 27294335, "typical_volume": 32442776.45, "trend": 13.27462, "fair_value": 16.93509, "relative_strength": -8.606126, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.502484, "energy": 64.773736, "activity_lines": [ 14.914462, 14.416935, 13.854867, 13.579483 ] }, { "date": "2024-11-15", "close": 15.107697, "volume": 26594681, "typical_volume": 30686540.7, "trend": 13.378409, "fair_value": 16.868887, "relative_strength": -7.344555, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.231105, "energy": 54.702876, "activity_lines": [ 15.029461, 14.648432, 14.004136, 13.697746 ] }, { "date": "2024-11-22", "close": 15.05821, "volume": 30009627, "typical_volume": 30030794.15, "trend": 13.451277, "fair_value": 16.797327, "relative_strength": -4.469097, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.468228, "energy": 38.243187, "activity_lines": [ 15.052083, 14.8226, 14.139602, 13.806121 ] }, { "date": "2024-11-29", "close": 15.871212, "volume": 26140520, "typical_volume": 30299672.35, "trend": 13.545439, "fair_value": 16.74949, "relative_strength": -0.606402, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.410004, "energy": 48.294323, "activity_lines": [ 15.345706, 15.086489, 14.340648, 13.962245 ] }, { "date": "2024-12-06", "close": 16.274179, "volume": 49869412, "typical_volume": 32073546.45, "trend": 13.643275, "fair_value": 16.692025, "relative_strength": 0.597369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.871021, "energy": 53.749004, "activity_lines": [ 15.718981, 15.351405, 14.563878, 14.138293 ] }, { "date": "2024-12-13", "close": 15.977256, "volume": 27542625, "typical_volume": 31207868.15, "trend": 13.726336, "fair_value": 16.615969, "relative_strength": -0.168493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.343622, "energy": 50.993313, "activity_lines": [ 15.854717, 15.508736, 14.7388, 14.288873 ] }, { "date": "2024-12-20", "close": 15.751029, "volume": 24746706, "typical_volume": 26926340.7, "trend": 13.830661, "fair_value": 16.533988, "relative_strength": -0.539304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.888471, "energy": 45.904711, "activity_lines": [ 15.885823, 15.607067, 14.890089, 14.419498 ] }, { "date": "2024-12-27", "close": 14.987514, "volume": 18679490, "typical_volume": 25578793.2, "trend": 13.886074, "fair_value": 16.449936, "relative_strength": -4.966872, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.132087, "energy": 34.174834, "activity_lines": [ 15.619535, 15.534186, 14.958226, 14.494134 ] }, { "date": "2025-01-03", "close": 13.375649, "volume": 10623777, "typical_volume": 24661944.5, "trend": 13.914116, "fair_value": 16.364026, "relative_strength": -8.088068, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.815466, "energy": 12.259852, "activity_lines": [ 14.820672, 15.169524, 14.864908, 14.461203 ] }, { "date": "2025-01-10", "close": 14.096747, "volume": 19253445, "typical_volume": 24068869.75, "trend": 13.977036, "fair_value": 16.285607, "relative_strength": -1.584795, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.494237, "energy": 17.497717, "activity_lines": [ 14.428546, 14.966434, 14.842184, 14.472986 ] }, { "date": "2025-01-17", "close": 14.485574, "volume": 14090111, "typical_volume": 23784353.35, "trend": 14.05975, "fair_value": 16.205074, "relative_strength": -1.971507, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.436386, "energy": 17.1514, "activity_lines": [ 14.311191, 14.83584, 14.851206, 14.505795 ] }, { "date": "2025-01-24", "close": 14.612826, "volume": 11217696, "typical_volume": 23213490.35, "trend": 14.10688, "fair_value": 16.135612, "relative_strength": -1.962668, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.708433, "energy": 15.943953, "activity_lines": [ 14.335699, 14.747534, 14.865143, 14.541477 ] }, { "date": "2025-01-31", "close": 14.407808, "volume": 2239440, "typical_volume": 22749245.1, "trend": 14.16815, "fair_value": 16.054363, "relative_strength": -1.649611, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.625602, "energy": 11.20187, "activity_lines": [ 14.367747, 14.63095, 14.849253, 14.560892 ] }, { "date": "2025-02-07", "close": 14.909749, "volume": 7922320, "typical_volume": 22850808.1, "trend": 14.24945, "fair_value": 15.972899, "relative_strength": -2.175908, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.701514, "energy": 7.217118, "activity_lines": [ 14.605757, 14.617454, 14.869048, 14.608737 ] }, { "date": "2025-02-14", "close": 14.457296, "volume": 13002126, "typical_volume": 22487685.75, "trend": 14.329101, "fair_value": 15.90018, "relative_strength": -6.877604, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.303795, "energy": 10.128298, "activity_lines": [ 14.590675, 14.539174, 14.831411, 14.622146 ] }, { "date": "2025-02-21", "close": 15.340994, "volume": 20342840, "typical_volume": 22821872.2, "trend": 14.322502, "fair_value": 15.84738, "relative_strength": -3.371553, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.965111, "energy": 18.052203, "activity_lines": [ 14.846123, 14.654601, 14.872549, 14.68743 ] }, { "date": "2025-02-28", "close": 15.022862, "volume": 24725829, "typical_volume": 22026490.75, "trend": 14.371282, "fair_value": 15.798364, "relative_strength": -1.945688, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.968694, "energy": 18.337434, "activity_lines": [ 14.938499, 14.723755, 14.88174, 14.732614 ] }, { "date": "2025-03-07", "close": 15.871212, "volume": 18458283, "typical_volume": 21483107.1, "trend": 14.456353, "fair_value": 15.755133, "relative_strength": 1.332714, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.297328, "energy": 34.468447, "activity_lines": [ 15.286322, 14.960393, 14.96671, 14.829384 ] }, { "date": "2025-03-14", "close": 16.090368, "volume": 20714960, "typical_volume": 20977813.05, "trend": 14.533412, "fair_value": 15.707832, "relative_strength": 1.6674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.520449, "energy": 50.099381, "activity_lines": [ 15.609637, 15.22081, 15.06868, 14.934804 ] }, { "date": "2025-03-21", "close": 19.285822, "volume": 81379920, "typical_volume": 23742407.15, "trend": 14.743378, "fair_value": 15.668847, "relative_strength": 24.641523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.48416, "energy": 78.087949, "activity_lines": [ 16.919396, 16.012861, 15.47003, 15.241411 ] }, { "date": "2025-03-28", "close": 17.073042, "volume": 103607765, "typical_volume": 27558078.65, "trend": 14.880057, "fair_value": 15.61911, "relative_strength": 10.971703, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.838091, "energy": 68.599771, "activity_lines": [ 17.169659, 16.308241, 15.636401, 15.391712 ] }, { "date": "2025-04-04", "close": 16.210552, "volume": 31313807, "typical_volume": 27794034.95, "trend": 15.005424, "fair_value": 15.580792, "relative_strength": 7.659102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.364201, "energy": 63.015129, "activity_lines": [ 17.016956, 16.39976, 15.713325, 15.47755 ] }, { "date": "2025-04-11", "close": 14.853192, "volume": 42591712, "typical_volume": 28423139.2, "trend": 15.105105, "fair_value": 15.538206, "relative_strength": 3.889569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.76343, "energy": 31.888713, "activity_lines": [ 16.33262, 16.215437, 15.655725, 15.467729 ] }, { "date": "2025-04-18", "close": 15.022862, "volume": 20902420, "typical_volume": 28161234.2, "trend": 15.209264, "fair_value": 15.499967, "relative_strength": 5.304502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.835251, "energy": 14.816814, "activity_lines": [ 15.772709, 16.053865, 15.61526, 15.462423 ] }, { "date": "2025-04-25", "close": 15.051141, "volume": 21048276, "typical_volume": 26720177.4, "trend": 15.266763, "fair_value": 15.465907, "relative_strength": 3.846414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.667811, "energy": 19.335772, "activity_lines": [ 15.293392, 15.895377, 15.581528, 15.452222 ] }, { "date": "2025-05-02", "close": 15.489455, "volume": 8998476, "typical_volume": 25792969.95, "trend": 15.283259, "fair_value": 15.443825, "relative_strength": 6.770375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.302658, "energy": 14.056426, "activity_lines": [ 15.242491, 15.805787, 15.595364, 15.466589 ] }, { "date": "2025-05-09", "close": 16.585239, "volume": 21465512, "typical_volume": 25628910.25, "trend": 15.37045, "fair_value": 15.430724, "relative_strength": 11.370733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.589902, "energy": 17.374497, "activity_lines": [ 15.662424, 15.91273, 15.715883, 15.550588 ] }, { "date": "2025-05-16", "close": 16.634727, "volume": 18556580, "typical_volume": 25622764.75, "trend": 15.423001, "fair_value": 15.423459, "relative_strength": 10.768777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.994222, "energy": 21.569537, "activity_lines": [ 16.073873, 16.000264, 15.837143, 15.632154 ] }, { "date": "2025-05-23", "close": 16.055021, "volume": 14565035, "typical_volume": 25819827.65, "trend": 15.456463, "fair_value": 15.433162, "relative_strength": 7.064082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.125996, "energy": 23.832685, "activity_lines": [ 16.173319, 15.968515, 15.89535, 15.672929 ] }, { "date": "2025-05-30", "close": 17.723444, "volume": 27234104, "typical_volume": 26218860.6, "trend": 15.574054, "fair_value": 15.451214, "relative_strength": 18.742434, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.809597, "energy": 45.230064, "activity_lines": [ 16.760095, 16.240759, 16.099694, 15.819186 ] }, { "date": "2025-06-06", "close": 17.228573, "volume": 34334609, "typical_volume": 27231085.5, "trend": 15.630375, "fair_value": 15.462009, "relative_strength": 13.310517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.872069, "energy": 49.810969, "activity_lines": [ 17.00376, 16.451432, 16.239639, 15.925929 ] }, { "date": "2025-06-13", "close": 17.15, "volume": 23953917, "typical_volume": 27867896.55, "trend": 15.698452, "fair_value": 15.470867, "relative_strength": 12.934985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.652616, "energy": 47.464177, "activity_lines": [ 17.105293, 16.644992, 16.359038, 16.02397 ] }, { "date": "2025-06-20", "close": 16.450001, "volume": 26737722, "typical_volume": 29092810.65, "trend": 15.744845, "fair_value": 15.476975, "relative_strength": 9.145449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.866201, "energy": 44.608166, "activity_lines": [ 16.935842, 16.694199, 16.399688, 16.072457 ] }, { "date": "2025-06-27", "close": 17.93, "volume": 29124760, "typical_volume": 30152932.65, "trend": 15.813471, "fair_value": 15.485878, "relative_strength": 14.339259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.583882, "energy": 49.138195, "activity_lines": [ 17.27204, 16.983463, 16.571567, 16.213434 ] }, { "date": "2025-07-04", "close": 24.43, "volume": 158077370, "typical_volume": 37406694.85, "trend": 16.085332, "fair_value": 15.538552, "relative_strength": 52.15666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.637494, "energy": 83.294617, "activity_lines": [ 19.649905, 18.401688, 17.348111, 16.76934 ] }, { "date": "2025-07-11", "close": 21.969999, "volume": 75061047, "typical_volume": 40142605.2, "trend": 16.28509, "fair_value": 15.575899, "relative_strength": 33.354914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.331115, "energy": 86.54092, "activity_lines": [ 20.760666, 19.202116, 17.842879, 17.148995 ] }, { "date": "2025-07-18", "close": 21.610001, "volume": 40596463, "typical_volume": 40936136.9, "trend": 16.480389, "fair_value": 15.607445, "relative_strength": 27.558058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.231882, "energy": 85.013186, "activity_lines": [ 21.435333, 19.819262, 18.271796, 17.492538 ] }, { "date": "2025-07-25", "close": 20.809999, "volume": 29136859, "typical_volume": 41470065.7, "trend": 16.674472, "fair_value": 15.630637, "relative_strength": 19.955819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.549451, "energy": 81.990306, "activity_lines": [ 21.546, 20.199593, 18.593155, 17.771868 ] }, { "date": "2025-08-01", "close": 21.35, "volume": 34074824, "typical_volume": 42138058.9, "trend": 16.940284, "fair_value": 15.66003, "relative_strength": 24.497841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.378132, "energy": 63.952377, "activity_lines": [ 21.546, 20.602192, 18.942424, 18.073515 ] }, { "date": "2025-08-08", "close": 23.08, "volume": 52433901, "typical_volume": 40690757.95, "trend": 17.239725, "fair_value": 15.705774, "relative_strength": 32.131563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.144167, "energy": 57.817957, "activity_lines": [ 21.894667, 21.223065, 19.43141, 18.469625 ] }, { "date": "2025-08-15", "close": 21.450001, "volume": 39948770, "typical_volume": 37507808.2, "trend": 17.471873, "fair_value": 15.732582, "relative_strength": 17.181499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.119156, "energy": 46.901792, "activity_lines": [ 21.79, 21.450182, 19.747089, 18.741256 ] }, { "date": "2025-08-22", "close": 21.49, "volume": 27177442, "typical_volume": 37300989.95, "trend": 17.701112, "fair_value": 15.751866, "relative_strength": 12.026923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.859462, "energy": 43.907758, "activity_lines": [ 21.733334, 21.607818, 20.045736, 19.00049 ] }, { "date": "2025-08-29", "close": 24.65, "volume": 99337738, "typical_volume": 40138291.25, "trend": 18.042518, "fair_value": 15.798302, "relative_strength": 22.555383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.950958, "energy": 52.29802, "activity_lines": [ 22.738, 22.261091, 20.620195, 19.448806 ] }, { "date": "2025-09-05", "close": 23.940001, "volume": 72986791, "typical_volume": 42742509.8, "trend": 18.343527, "fair_value": 15.836562, "relative_strength": 19.486556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.72556, "energy": 46.583719, "activity_lines": [ 23.25, 22.636182, 21.080383, 19.829288 ] }, { "date": "2025-09-12", "close": 23.59, "volume": 29038888, "typical_volume": 43142040.4, "trend": 18.64795, "fair_value": 15.877353, "relative_strength": 14.232339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.211377, "energy": 45.641006, "activity_lines": [ 23.472667, 22.838364, 21.464776, 20.16777 ] }, { "date": "2025-09-19", "close": 23.25, "volume": 31737246, "typical_volume": 44278978.9, "trend": 18.911584, "fair_value": 15.929315, "relative_strength": 10.914458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.485025, "energy": 44.208778, "activity_lines": [ 23.548, 22.994, 21.776126, 20.464677 ] }, { "date": "2025-09-26", "close": 22.59, "volume": 21425817, "typical_volume": 44276994.15, "trend": 19.163822, "fair_value": 15.972095, "relative_strength": 6.244426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.264351, "energy": 37.002832, "activity_lines": [ 23.283333, 23.006364, 21.987664, 20.701994 ] }, { "date": "2025-10-03", "close": 22.790001, "volume": 7155489, "typical_volume": 43706939.6, "trend": 19.394448, "fair_value": 16.012709, "relative_strength": 4.343957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.493637, "energy": 31.831251, "activity_lines": [ 23.012, 23.037273, 22.189656, 20.935941 ] }, { "date": "2025-10-10", "close": 23.6, "volume": 13676120, "typical_volume": 43662493.85, "trend": 19.644769, "fair_value": 16.066206, "relative_strength": 8.945557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.860004, "energy": 32.65947, "activity_lines": [ 23.134667, 23.179455, 22.439479, 21.207267 ] }, { "date": "2025-10-17", "close": 22.83, "volume": 29982291, "typical_volume": 43799903.2, "trend": 19.762908, "fair_value": 16.113884, "relative_strength": 10.474188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.013657, "energy": 25.901807, "activity_lines": [ 23.023334, 23.140728, 22.580041, 21.412766 ] }, { "date": "2025-10-24", "close": 25.690001, "volume": 59442447, "typical_volume": 45055295.1, "trend": 20.05014, "fair_value": 16.18803, "relative_strength": 17.980081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.964623, "energy": 44.651284, "activity_lines": [ 23.916, 23.626546, 22.968667, 21.795159 ] }, { "date": "2025-10-31", "close": 24.76, "volume": 36591944, "typical_volume": 45687196.45, "trend": 20.335122, "fair_value": 16.251704, "relative_strength": 12.302526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.391643, "energy": 45.084685, "activity_lines": [ 24.336, 23.866182, 23.228429, 22.099021 ] }, { "date": "2025-11-07", "close": 24.370001, "volume": 27033454, "typical_volume": 45701983.05, "trend": 20.652349, "fair_value": 16.303949, "relative_strength": 9.774854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.656836, "energy": 42.336784, "activity_lines": [ 24.481334, 23.975455, 23.41481, 22.359336 ] }, { "date": "2025-11-14", "close": 25.530001, "volume": 35363769, "typical_volume": 46013933.5, "trend": 21.002587, "fair_value": 16.369465, "relative_strength": 15.92787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.781129, "energy": 57.84563, "activity_lines": [ 24.908001, 24.300728, 23.673953, 22.674023 ] }, { "date": "2025-11-21", "close": 23.309999, "volume": 62695134, "typical_volume": 41244821.7, "trend": 21.277882, "fair_value": 16.417347, "relative_strength": 11.036701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.436009, "energy": 32.651242, "activity_lines": [ 24.466, 24.193455, 23.685476, 22.822888 ] }, { "date": "2025-11-28", "close": 24.209999, "volume": 33184263, "typical_volume": 39150982.5, "trend": 21.568567, "fair_value": 16.47586, "relative_strength": 10.89247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.029822, "energy": 29.393474, "activity_lines": [ 24.292, 24.254909, 23.788048, 23.012057 ] }, { "date": "2025-12-05", "close": 24.049999, "volume": 24695268, "typical_volume": 38355922.75, "trend": 21.817392, "fair_value": 16.528176, "relative_strength": 8.390747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.507027, "energy": 23.846103, "activity_lines": [ 24.163333, 24.269818, 23.864714, 23.172149 ] }, { "date": "2025-12-12", "close": 24.75, "volume": 22489402, "typical_volume": 38023549.9, "trend": 22.087901, "fair_value": 16.590018, "relative_strength": 10.143515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.42785, "energy": 21.375273, "activity_lines": [ 24.315333, 24.385454, 23.996429, 23.36135 ] }, { "date": "2025-12-19", "close": 22.92, "volume": 27431834, "typical_volume": 37691400.4, "trend": 22.316734, "fair_value": 16.639555, "relative_strength": 2.60814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.421796, "energy": 12.621002, "activity_lines": [ 23.832, 24.132727, 23.935095, 23.415034 ] }, { "date": "2025-12-26", "close": 24.42, "volume": 19001873, "typical_volume": 36019799.0, "trend": 22.539953, "fair_value": 16.702067, "relative_strength": 5.134324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.646341, "energy": 16.157848, "activity_lines": [ 24.022666, 24.165091, 24.009143, 23.550728 ] }, { "date": "2026-01-02", "close": 24.459999, "volume": 9907636, "typical_volume": 34517742.3, "trend": 22.781, "fair_value": 16.76731, "relative_strength": 5.378172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.504978, "energy": 17.131009, "activity_lines": [ 24.152666, 24.175818, 24.080619, 23.674602 ] }, { "date": "2026-01-09", "close": 25.66, "volume": 22534930, "typical_volume": 34285616.7, "trend": 23.064667, "fair_value": 16.844756, "relative_strength": 5.441784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.951719, "energy": 27.38461, "activity_lines": [ 24.666, 24.427091, 24.252048, 23.860344 ] }, { "date": "2026-01-16", "close": 25.35, "volume": 24478646, "typical_volume": 30542662.1, "trend": 23.361333, "fair_value": 16.919772, "relative_strength": 2.593984, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.358057, "energy": 37.57935, "activity_lines": [ 24.968666, 24.605636, 24.374095, 24.007785 ] }, { "date": "2026-01-23", "close": 26.889999, "volume": 23871149, "typical_volume": 28086880.0, "trend": 23.66, "fair_value": 17.001123, "relative_strength": 7.10457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.993791, "energy": 60.106477, "activity_lines": [ 25.744666, 25.046363, 24.639476, 24.235441 ] }, { "date": "2026-01-30", "close": 25.25, "volume": 34348405, "typical_volume": 28352355.85, "trend": 23.687333, "fair_value": 17.07289, "relative_strength": 1.823284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.943818, "energy": 52.615609, "activity_lines": [ 25.709333, 25.164181, 24.734619, 24.338021 ] }, { "date": "2026-02-06", "close": 25.459999, "volume": 18147127, "typical_volume": 27672849.9, "trend": 23.803667, "fair_value": 17.143792, "relative_strength": 4.394569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.093808, "energy": 42.946578, "activity_lines": [ 25.688666, 25.284909, 24.841857, 24.452387 ] }, { "date": "2026-02-13", "close": 25.940001, "volume": 17645660, "typical_volume": 27483842.05, "trend": 23.948, "fair_value": 17.20619, "relative_strength": 4.337325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.151985, "energy": 39.232173, "activity_lines": [ 25.761333, 25.470182, 24.984286, 24.590215 ] }, { "date": "2026-02-27", "close": 26.790001, "volume": 14433099, "typical_volume": 27847722.55, "trend": 24.147333, "fair_value": 17.276246, "relative_strength": 4.305813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.4205, "energy": 37.861961, "activity_lines": [ 26.098667, 25.775636, 25.191714, 24.77357 ] }, { "date": "2026-03-06", "close": 25.0, "volume": 23683895, "typical_volume": 28348111.3, "trend": 24.269, "fair_value": 17.337127, "relative_strength": -0.823662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.799173, "energy": 28.474467, "activity_lines": [ 25.743334, 25.718546, 25.209619, 24.828581 ] }, { "date": "2026-03-13", "close": 24.42, "volume": 21130397, "typical_volume": 27905516.6, "trend": 24.313667, "fair_value": 17.388853, "relative_strength": -4.113618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.008818, "energy": 15.419977, "activity_lines": [ 25.320667, 25.518182, 25.165619, 24.838323 ] }, { "date": "2026-03-20", "close": 22.41, "volume": 15458829, "typical_volume": 25706335.7, "trend": 24.345667, "fair_value": 17.430081, "relative_strength": -9.521934, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.653915, "energy": 16.564203, "activity_lines": [ 24.283334, 24.952364, 24.922619, 24.715505 ] }, { "date": "2026-03-27", "close": 22.280001, "volume": 18426529, "typical_volume": 24798064.95, "trend": 24.372, "fair_value": 17.46579, "relative_strength": -9.173705, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.302735, "energy": 33.695942, "activity_lines": [ 23.406, 24.400182, 24.682857, 24.582237 ] }, { "date": "2026-04-03", "close": 21.799999, "volume": 12400936, "typical_volume": 24066439.05, "trend": 24.277, "fair_value": 17.487591, "relative_strength": -8.441349, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.949534, "energy": 61.617117, "activity_lines": [ 22.612667, 23.822182, 24.40919, 24.416301 ] }, { "date": "2026-04-10", "close": 22.766689, "volume": 8657952, "typical_volume": 22731148.2, "trend": 24.23789, "fair_value": 17.523811, "relative_strength": -10.799426, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.341689, "energy": 59.293462, "activity_lines": [ 22.47423, 23.484489, 24.239827, 24.318862 ] }, { "date": "2026-04-17", "close": 23.497597, "volume": 10432147, "typical_volume": 20117998.85, "trend": 24.23481, "fair_value": 17.570553, "relative_strength": -11.562947, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.223376, "energy": 52.441673, "activity_lines": [ 22.728316, 23.354658, 24.153233, 24.271101 ] }, { "date": "2026-04-24", "close": 23.764277, "volume": 32418182, "typical_volume": 20079694.8, "trend": 24.251952, "fair_value": 17.613345, "relative_strength": -10.94037, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.161065, "energy": 33.872905, "activity_lines": [ 23.132789, 23.305176, 24.091144, 24.240744 ] }, { "date": "2026-05-01", "close": 24.060591, "volume": 18511600, "typical_volume": 19770511.4, "trend": 24.300972, "fair_value": 17.660998, "relative_strength": -10.900011, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.714166, "energy": 17.869661, "activity_lines": [ 23.545749, 23.3404, 24.059398, 24.228398 ] }, { "date": "2026-05-08", "close": 25.018667, "volume": 14199317, "typical_volume": 19356007.15, "trend": 24.375261, "fair_value": 17.726596, "relative_strength": -10.109528, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.77917, "energy": 17.295382, "activity_lines": [ 24.159361, 23.583991, 24.118846, 24.274701 ] }, { "date": "2026-05-15", "close": 24.692722, "volume": 18153987, "typical_volume": 18892114.8, "trend": 24.411685, "fair_value": 17.78564, "relative_strength": -11.218126, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.317889, "energy": 14.497026, "activity_lines": [ 24.449747, 23.800526, 24.145973, 24.295182 ] }, { "date": "2026-05-22", "close": 23.981573, "volume": 16291273, "typical_volume": 18756584.8, "trend": 24.45007, "fair_value": 17.839064, "relative_strength": -13.884178, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.806894, "energy": 18.422096, "activity_lines": [ 24.374681, 23.893347, 24.09693, 24.267433 ] }, { "date": "2026-05-29", "close": 21.048077, "volume": 16189676, "typical_volume": 19070686.8, "trend": 24.29534, "fair_value": 17.870059, "relative_strength": -24.119995, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.276774, "energy": 28.866642, "activity_lines": [ 23.289518, 23.460777, 23.770594, 24.04795 ] }, { "date": "2026-06-05", "close": 21.245619, "volume": 3496841, "typical_volume": 18118782.35, "trend": 24.178194, "fair_value": 17.897236, "relative_strength": -21.786216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.554247, "energy": 57.621551, "activity_lines": [ 22.451282, 23.088886, 23.479318, 23.851194 ] }, { "date": "2026-06-12", "close": 19.860001, "volume": 2853000, "typical_volume": 17037500.05, "trend": 24.02786, "fair_value": 17.911243, "relative_strength": -24.873869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.822027, "energy": 79.77674, "activity_lines": [ 21.338839, 22.483872, 23.0771, 23.5726 ] }, { "date": "2026-06-19", "close": 20.110001, "volume": 11157978, "typical_volume": 16401841.5, "trend": 23.847194, "fair_value": 17.931318, "relative_strength": -28.65127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.132807, "energy": 83.768643, "activity_lines": [ 20.65364, 21.959585, 22.724835, 23.319835 ] }, { "date": "2026-06-26", "close": 18.52, "volume": 3244420, "typical_volume": 14846642.25, "trend": 23.687527, "fair_value": 17.943532, "relative_strength": -32.91256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.806309, "energy": 92.379344, "activity_lines": [ 19.743955, 21.19451, 22.253426, 22.976145 ] }, { "date": "2026-07-03", "close": 20.360001, "volume": 3779121, "typical_volume": 14128241.95, "trend": 23.559194, "fair_value": 17.961957, "relative_strength": -25.025816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.596213, "energy": 82.376116, "activity_lines": [ 19.811709, 20.854482, 21.989303, 22.761466 ] }, { "date": "2026-07-10", "close": 18.940001, "volume": 12950080, "typical_volume": 13893462.95, "trend": 23.38886, "fair_value": 17.971725, "relative_strength": -26.840174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.584757, "energy": 78.91888, "activity_lines": [ 19.452001, 20.318168, 21.614228, 22.463454 ] }, { "date": "2026-07-17", "close": 17.98, "volume": 13954980, "typical_volume": 13869557.0, "trend": 23.163194, "fair_value": 17.969711, "relative_strength": -23.121967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.060916, "energy": 72.639542, "activity_lines": [ 18.926001, 19.700411, 21.181057, 22.114495 ] }, { "date": "2026-07-24", "close": 16.83, "volume": 13889357, "typical_volume": 13379830.1, "trend": 22.960194, "fair_value": 17.96104, "relative_strength": -27.776058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.118545, "energy": 68.874563, "activity_lines": [ 18.142, 19.001538, 20.680315, 21.705902 ] }, { "date": "2026-07-31", "close": 17.68, "volume": 10655192, "typical_volume": 12856069.85, "trend": 22.735527, "fair_value": 17.957773, "relative_strength": -22.540375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.359809, "energy": 73.784867, "activity_lines": [ 17.86, 18.60017, 20.299431, 21.365244 ] }, { "date": "2026-08-07", "close": 18.809999, "volume": 10678617, "typical_volume": 12617059.25, "trend": 22.547194, "fair_value": 17.967915, "relative_strength": -21.239386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.30624, "energy": 59.210086, "activity_lines": [ 18.010666, 18.51883, 20.05826, 21.111984 ] } ], "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." } } }