{ "ticker": { "uuid": "e84b444a-982d-43fe-8b85-c06e3bf8e3d1", "symbol": "301272", "name": "Suzhou Invotech Scroll Technologies 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.773, "architecture_energy": 62.681, "architecture_maturity": 26.481, "architecture_confidence": 84.17, "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": 7.53, "rotation_up": 15.54, "upward_expansion": 11.4, "deceleration": 47.59, "rotation_down": 67.24, "downward_expansion": 84.73 }, "activity_lines": [ 31.634001, 32.497273, 35.829233, 37.55216 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 33.330002, "trend_reference": 39.4911, "distance_from_trend": -0.156012, "trend_direction": "Weakening", "fair_value": 40.944107, "distance_from_fair_value": -0.185963, "fair_value_direction": "Weakening", "relative_strength": -21.646882, "relative_strength_direction": "Weakening", "price_momentum": -0.197701, "excess_performance": -0.205101, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.156012, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.061067, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.185963, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.278376, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.216469, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.125328, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.197701, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.888193, "read": "Supply-led" } ], "volume": { "latest": 4964933, "relative_activity": 1.294938, "balance": 0.888193, "dry_up": 1.134667, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.092416, "annualized_volatility": 0.431498, "from_high_reference": -0.366052, "from_low_reference": 0.179406 }, "levels": { "trend_reference": 39.4911, "fair_value_reference": 40.944107, "structural_low": 28.26, "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": 2, "median_return": 0.011056, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.030829, "regime_survival": 0.5, "best_return": 0.127295, "worst_return": -0.105183, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.182408, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.233926, "regime_survival": 1.0, "best_return": -0.182408, "worst_return": -0.182408, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.033463, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.121859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": -0.086439, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": 0.126694, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-07", "tenure": "Established", "return": 0.134715, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.092439, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.066965, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-04-03", "tenure": "Developing", "return": -0.129472, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.040147, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-19", "tenure": "Developing", "return": -0.179725, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.016159, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 65.068802, "volume": 13197931, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 65.318916, "volume": 10512174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 67.319847, "volume": 9406761, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 68.733963, "volume": 11401813, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 61.59602, "volume": 8349968, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 65.636368, "volume": 8904090, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 65.415115, "volume": 5648737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 61.182365, "volume": 4333092, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 61.586399, "volume": 3829392, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 64.443504, "volume": 4240581, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 58.41185, "volume": 3785101, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 53.726967, "volume": 4039859, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 53.342175, "volume": 3876831, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 52.745747, "volume": 3626953, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 53.93861, "volume": 3212541, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 55.814484, "volume": 3665990, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 52.967007, "volume": 2863312, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 51.629837, "volume": 2176443, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 48.830456, "volume": 2495127, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 49.070957, "volume": 1960058, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 50.465836, "volume": 4242209, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 52.255131, "volume": 6155644, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 52.909283, "volume": 4048383, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 50.494698, "volume": 6184440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 44.568855, "volume": 3353580, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 45.069088, "volume": 4801038, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 36.209187, "volume": 3814434, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 36.36311, "volume": 5012031, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 40.845963, "volume": 4135074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 41.730995, "volume": 4577920, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 40.73053, "volume": 4586949, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 41.788712, "volume": 3219980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 42.192749, "volume": 4431303, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 39.518429, "volume": 2930680, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 40.009037, "volume": 1851822, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 37.806087, "volume": 3088492, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 34.756592, "volume": 4121397, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 37.786846, "volume": 3171399, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 36.747898, "volume": 1828475, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 37.796467, "volume": 3352562, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 38.76807, "volume": 2881835, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 40.624706, "volume": 6059309, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 40.957424, "volume": 10926177, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 36.363338, "volume": 5309444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 38.494915, "volume": 2863929, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 37.093334, "volume": 2503289, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 37.550793, "volume": 2606223, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 34.465359, "volume": 1758074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 36.742935, "volume": 2040584, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 33.336308, "volume": 2388756, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 33.35577, "volume": 1784864, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 33.764565, "volume": 2347101, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 31.73032, "volume": 1811121, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 31.24366, "volume": 1119641, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 29.686344, "volume": 1524262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 31.740055, "volume": 1706341, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 30.299536, "volume": 1230386, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 28.995287, "volume": 1663808, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 29.034218, "volume": 1056025, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 32.635509, "volume": 2632402, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 36.39254, "volume": 1683901, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 33.112442, "volume": 6719367, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 33.784031, "volume": 3891536, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 35.672279, "volume": 4484536, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 33.813236, "volume": 4603367, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 37.015465, "volume": 4375611, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 35.351082, "volume": 4409625, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 34.89362, "volume": 3841913, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 36.081074, "volume": 3337427, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 37.258793, "volume": 3895778, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 37.433994, "volume": 4561432, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 36.888935, "volume": 4159142, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 35.020153, "volume": 3370379, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 31.165796, "volume": 2613215, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 30.533136, "volume": 2906156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 32.139118, "volume": 2429404, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 32.693913, "volume": 2437235, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 32.577114, "volume": 625148, "typical_volume": 3401679.95, "trend": 33.479708, "fair_value": 43.366768, "relative_strength": -14.977284, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.209655, "energy": 40.664514, "activity_lines": [ 32.154043, 33.152967, 34.095868, 33.772312 ] }, { "date": "2025-02-07", "close": 33.667236, "volume": 1882533, "typical_volume": 3443005.35, "trend": 33.377184, "fair_value": 43.247021, "relative_strength": -15.053192, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.354921, "energy": 15.110717, "activity_lines": [ 32.769183, 33.059882, 34.047526, 33.78441 ] }, { "date": "2025-02-14", "close": 33.307106, "volume": 2660173, "typical_volume": 3444393.9, "trend": 33.376211, "fair_value": 43.125803, "relative_strength": -16.881152, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.216278, "energy": 5.26508, "activity_lines": [ 33.097517, 32.945207, 33.942824, 33.779889 ] }, { "date": "2025-02-21", "close": 34.465359, "volume": 3385214, "typical_volume": 3529459.55, "trend": 33.413197, "fair_value": 43.02146, "relative_strength": -15.285829, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.748866, "energy": 10.137656, "activity_lines": [ 33.627005, 33.112972, 33.945234, 33.850157 ] }, { "date": "2025-02-28", "close": 33.472572, "volume": 4260856, "typical_volume": 3406534.0, "trend": 33.403464, "fair_value": 42.907783, "relative_strength": -14.213279, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.075355, "energy": 10.092916, "activity_lines": [ 33.67048, 33.154206, 33.86227, 33.853987 ] }, { "date": "2025-03-07", "close": 36.227074, "volume": 4983818, "typical_volume": 3461148.1, "trend": 33.553356, "fair_value": 42.829186, "relative_strength": -8.663611, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.826617, "energy": 27.87, "activity_lines": [ 34.580212, 33.758374, 34.039925, 34.036156 ] }, { "date": "2025-03-14", "close": 37.36586, "volume": 7455027, "typical_volume": 3609672.65, "trend": 33.757429, "fair_value": 42.765659, "relative_strength": -6.483311, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.891357, "energy": 46.885199, "activity_lines": [ 35.626209, 34.54765, 34.314402, 34.282124 ] }, { "date": "2025-03-21", "close": 37.609192, "volume": 4570831, "typical_volume": 3608045.85, "trend": 34.021524, "fair_value": 42.706389, "relative_strength": -2.855851, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.211907, "energy": 62.650496, "activity_lines": [ 36.506742, 35.268439, 34.603989, 34.530625 ] }, { "date": "2025-03-28", "close": 36.295204, "volume": 3272458, "typical_volume": 3552888.2, "trend": 34.173362, "fair_value": 42.633535, "relative_strength": -5.147087, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.127066, "energy": 62.561804, "activity_lines": [ 36.662473, 35.621667, 34.750358, 34.677314 ] }, { "date": "2025-04-04", "close": 41.366219, "volume": 11740816, "typical_volume": 3919447.75, "trend": 34.542252, "fair_value": 42.619295, "relative_strength": 10.743733, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.759047, "energy": 81.797489, "activity_lines": [ 38.386552, 36.821331, 35.38311, 35.141369 ] }, { "date": "2025-04-11", "close": 35.039619, "volume": 14127847, "typical_volume": 4433744.45, "trend": 34.74373, "fair_value": 42.535077, "relative_strength": -0.843316, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.055053, "energy": 46.509281, "activity_lines": [ 37.475522, 36.713027, 35.384686, 35.173457 ] }, { "date": "2025-04-18", "close": 34.426426, "volume": 5740379, "typical_volume": 4553892.05, "trend": 34.92347, "fair_value": 42.445971, "relative_strength": -1.934149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.047675, "energy": 20.820665, "activity_lines": [ 36.439258, 36.44846, 35.327167, 35.152986 ] }, { "date": "2025-04-25", "close": 37.132263, "volume": 5204514, "typical_volume": 4619328.85, "trend": 35.073362, "fair_value": 42.388213, "relative_strength": 4.468426, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.275978, "energy": 22.941489, "activity_lines": [ 36.500901, 36.66206, 35.535226, 35.295489 ] }, { "date": "2025-05-02", "close": 34.144169, "volume": 3554227, "typical_volume": 4568968.6, "trend": 34.998416, "fair_value": 42.299567, "relative_strength": -3.572322, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.97644, "energy": 15.632551, "activity_lines": [ 35.598309, 36.262822, 35.459308, 35.235541 ] }, { "date": "2025-05-09", "close": 36.966797, "volume": 6024677, "typical_volume": 4662245.35, "trend": 35.126895, "fair_value": 42.242836, "relative_strength": 2.187248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.106811, "energy": 16.927603, "activity_lines": [ 35.779995, 36.382629, 35.667877, 35.362533 ] }, { "date": "2025-05-16", "close": 35.818275, "volume": 5053662, "typical_volume": 4746409.5, "trend": 35.194703, "fair_value": 42.175209, "relative_strength": -1.248784, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.819438, "energy": 11.877224, "activity_lines": [ 35.872135, 36.230082, 35.766692, 35.407138 ] }, { "date": "2025-05-23", "close": 34.358295, "volume": 5350955, "typical_volume": 4883296.5, "trend": 35.150903, "fair_value": 42.093783, "relative_strength": -4.358113, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.128234, "energy": 10.79986, "activity_lines": [ 35.425704, 35.819517, 35.722661, 35.353176 ] }, { "date": "2025-05-30", "close": 33.604626, "volume": 4696405, "typical_volume": 4972808.95, "trend": 35.143949, "fair_value": 42.006266, "relative_strength": -5.072262, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.198073, "energy": 9.727092, "activity_lines": [ 34.732593, 35.326604, 35.591649, 35.253417 ] }, { "date": "2025-06-06", "close": 34.772964, "volume": 2988626, "typical_volume": 5000770.05, "trend": 35.069199, "fair_value": 41.932456, "relative_strength": -2.879508, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.873939, "energy": 10.530238, "activity_lines": [ 34.664104, 35.118927, 35.557282, 35.229482 ] }, { "date": "2025-06-13", "close": 34.119492, "volume": 4351274, "typical_volume": 5096472.0, "trend": 35.028146, "fair_value": 41.853538, "relative_strength": -3.708817, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.56245, "energy": 18.785564, "activity_lines": [ 34.335871, 34.820113, 35.448137, 35.168211 ] }, { "date": "2025-06-20", "close": 33.149174, "volume": 3244233, "typical_volume": 5227426.25, "trend": 34.969998, "fair_value": 41.766494, "relative_strength": -4.945808, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.260206, "energy": 29.04285, "activity_lines": [ 33.874018, 34.476637, 35.239792, 35.046987 ] }, { "date": "2025-06-27", "close": 35.00069, "volume": 3270368, "typical_volume": 5296818.0, "trend": 34.933985, "fair_value": 41.699506, "relative_strength": -2.781371, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.401892, "energy": 13.466743, "activity_lines": [ 34.207278, 34.504172, 35.205058, 35.048967 ] }, { "date": "2025-07-04", "close": 35.545261, "volume": 3331300, "typical_volume": 5330374.35, "trend": 34.876868, "fair_value": 41.63917, "relative_strength": -2.176952, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.807742, "energy": 5.949546, "activity_lines": [ 34.679236, 34.620279, 35.215838, 35.088404 ] }, { "date": "2025-07-11", "close": 36.416565, "volume": 6431829, "typical_volume": 5482705.1, "trend": 34.842953, "fair_value": 41.588465, "relative_strength": -1.124629, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.915404, "energy": 18.361527, "activity_lines": [ 35.312252, 34.923659, 35.298942, 35.187739 ] }, { "date": "2025-07-18", "close": 37.990852, "volume": 7678466, "typical_volume": 5653585.6, "trend": 34.879684, "fair_value": 41.553873, "relative_strength": 1.240708, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.645473, "energy": 36.101497, "activity_lines": [ 36.360457, 35.471957, 35.522686, 35.390829 ] }, { "date": "2025-07-25", "close": 37.862141, "volume": 4917075, "typical_volume": 5650248.45, "trend": 34.974417, "fair_value": 41.518713, "relative_strength": -1.128963, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.613688, "energy": 60.076492, "activity_lines": [ 37.107668, 35.978233, 35.712657, 35.583246 ] }, { "date": "2025-08-01", "close": 38.218578, "volume": 5265470, "typical_volume": 5540770.6, "trend": 35.20951, "fair_value": 41.48758, "relative_strength": 1.675515, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.018961, "energy": 69.706369, "activity_lines": [ 37.659493, 36.512156, 35.928788, 35.792547 ] }, { "date": "2025-08-08", "close": 39.614647, "volume": 5434602, "typical_volume": 5583959.15, "trend": 35.512227, "fair_value": 41.470076, "relative_strength": 4.218119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.853016, "energy": 80.218664, "activity_lines": [ 38.462149, 37.229722, 36.273817, 36.076749 ] }, { "date": "2025-08-15", "close": 38.872059, "volume": 5790280, "typical_volume": 5709850.25, "trend": 35.736658, "fair_value": 41.44602, "relative_strength": -1.961825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.423916, "energy": 75.063573, "activity_lines": [ 38.745983, 37.702998, 36.538574, 36.293512 ] }, { "date": "2025-08-22", "close": 40.28793, "volume": 5604102, "typical_volume": 5403014.55, "trend": 35.989792, "fair_value": 41.435396, "relative_strength": -2.654967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.923346, "energy": 80.846845, "activity_lines": [ 39.338075, 38.359177, 36.925905, 36.587143 ] }, { "date": "2025-08-29", "close": 45.54546, "volume": 23980947, "typical_volume": 5895669.55, "trend": 36.42207, "fair_value": 41.47276, "relative_strength": 5.581756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.917118, "energy": 89.694677, "activity_lines": [ 41.529538, 39.859117, 37.819087, 37.203638 ] }, { "date": "2025-09-05", "close": 41.198837, "volume": 11248767, "typical_volume": 6171088.95, "trend": 36.673124, "fair_value": 41.470292, "relative_strength": -3.445174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.884888, "energy": 65.786972, "activity_lines": [ 41.759905, 40.343375, 38.248278, 37.511816 ] }, { "date": "2025-09-12", "close": 42.436485, "volume": 9590068, "typical_volume": 6390366.65, "trend": 36.977436, "fair_value": 41.478919, "relative_strength": -2.919606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.790453, "energy": 61.956628, "activity_lines": [ 42.204138, 40.939967, 38.763091, 37.883646 ] }, { "date": "2025-09-19", "close": 46.733601, "volume": 11442900, "typical_volume": 6784800.3, "trend": 37.386378, "fair_value": 41.52542, "relative_strength": 5.722678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.990626, "energy": 69.799712, "activity_lines": [ 43.89262, 42.192557, 39.661894, 38.513076 ] }, { "date": "2025-09-26", "close": 49.169296, "volume": 11079859, "typical_volume": 7037559.4, "trend": 37.909602, "fair_value": 41.592472, "relative_strength": 9.88679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.579488, "energy": 67.765295, "activity_lines": [ 45.868898, 43.700418, 40.732719, 39.273264 ] }, { "date": "2025-10-03", "close": 49.169296, "volume": 2201098, "typical_volume": 6894931.2, "trend": 38.341009, "fair_value": 41.658357, "relative_strength": 7.198546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.584956, "energy": 81.892083, "activity_lines": [ 47.253085, 45.005035, 41.745436, 39.999696 ] }, { "date": "2025-10-10", "close": 49.634651, "volume": 4080537, "typical_volume": 6831410.3, "trend": 38.749969, "fair_value": 41.727119, "relative_strength": 9.335729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.820398, "energy": 83.868575, "activity_lines": [ 48.550801, 46.188677, 42.738897, 40.728318 ] }, { "date": "2025-10-17", "close": 45.713779, "volume": 4499769, "typical_volume": 6821578.5, "trend": 39.020122, "fair_value": 41.761193, "relative_strength": 5.78391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.534025, "energy": 63.140294, "activity_lines": [ 47.979172, 46.451868, 43.286197, 41.177596 ] }, { "date": "2025-10-24", "close": 46.882118, "volume": 5914392, "typical_volume": 6967866.8, "trend": 39.373019, "fair_value": 41.80459, "relative_strength": 3.488738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.771512, "energy": 51.245914, "activity_lines": [ 47.578503, 46.816592, 43.887105, 41.684822 ] }, { "date": "2025-10-31", "close": 44.456329, "volume": 4953029, "typical_volume": 6997954.55, "trend": 39.476022, "fair_value": 41.826874, "relative_strength": -2.56801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.321059, "energy": 35.04713, "activity_lines": [ 46.359337, 46.594625, 44.199322, 42.012777 ] }, { "date": "2025-11-07", "close": 43.367199, "volume": 3649797, "typical_volume": 7018232.75, "trend": 39.753609, "fair_value": 41.83971, "relative_strength": -5.094978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.927691, "energy": 22.205647, "activity_lines": [ 45.091325, 46.098846, 44.35859, 42.263821 ] }, { "date": "2025-11-14", "close": 43.031075, "volume": 4957914, "typical_volume": 7102610.05, "trend": 40.04043, "fair_value": 41.849556, "relative_strength": -4.473089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.992967, "energy": 21.862373, "activity_lines": [ 44.098078, 45.581558, 44.437189, 42.47527 ] }, { "date": "2025-11-21", "close": 40.203995, "volume": 4265723, "typical_volume": 7149331.2, "trend": 40.142821, "fair_value": 41.836068, "relative_strength": -5.850757, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.694554, "energy": 17.614027, "activity_lines": [ 42.60271, 44.516942, 44.208302, 42.485823 ] }, { "date": "2025-11-28", "close": 42.058956, "volume": 2764145, "typical_volume": 6965947.0, "trend": 40.406647, "fair_value": 41.83788, "relative_strength": -4.803665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.423599, "energy": 19.317332, "activity_lines": [ 42.092981, 43.830182, 44.133893, 42.609444 ] }, { "date": "2025-12-05", "close": 41.047161, "volume": 2601500, "typical_volume": 6712098.7, "trend": 40.54266, "fair_value": 41.831503, "relative_strength": -8.078044, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.563654, "energy": 18.940617, "activity_lines": [ 41.567531, 43.044454, 43.936255, 42.650768 ] }, { "date": "2025-12-12", "close": 39.053326, "volume": 6464952, "typical_volume": 6789492.55, "trend": 40.650495, "fair_value": 41.809277, "relative_strength": -13.002707, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.501772, "energy": 33.736942, "activity_lines": [ 40.604747, 42.043884, 43.534174, 42.554682 ] }, { "date": "2025-12-19", "close": 39.846889, "volume": 3988600, "typical_volume": 6725649.05, "trend": 40.833448, "fair_value": 41.793703, "relative_strength": -10.216486, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.494122, "energy": 43.458276, "activity_lines": [ 40.194076, 41.371526, 43.201997, 42.502836 ] }, { "date": "2025-12-26", "close": 39.628662, "volume": 3261954, "typical_volume": 6617016.65, "trend": 41.034249, "fair_value": 41.776655, "relative_strength": -13.568503, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.72411, "energy": 47.087665, "activity_lines": [ 39.922941, 40.83745, 42.841284, 42.425108 ] }, { "date": "2026-01-02", "close": 40.719814, "volume": 1968800, "typical_volume": 6425942.65, "trend": 41.232477, "fair_value": 41.768399, "relative_strength": -10.600232, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.948851, "energy": 35.067394, "activity_lines": [ 40.05388, 40.612403, 42.584423, 42.404822 ] }, { "date": "2026-01-09", "close": 40.551182, "volume": 5354561, "typical_volume": 6413465.6, "trend": 41.446867, "fair_value": 41.758963, "relative_strength": -14.603346, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.421586, "energy": 25.066328, "activity_lines": [ 40.217884, 40.468738, 42.302703, 42.360868 ] }, { "date": "2026-01-16", "close": 42.515255, "volume": 5721437, "typical_volume": 5500490.1, "trend": 41.75907, "fair_value": 41.764781, "relative_strength": -11.381948, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.131516, "energy": 11.543476, "activity_lines": [ 41.069644, 40.75318, 42.206784, 42.429796 ] }, { "date": "2026-01-23", "close": 42.981476, "volume": 5594396, "typical_volume": 5217771.55, "trend": 42.025096, "fair_value": 41.774068, "relative_strength": -11.292614, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.036337, "energy": 9.54945, "activity_lines": [ 41.846016, 41.137879, 42.169696, 42.508661 ] }, { "date": "2026-01-30", "close": 41.543137, "volume": 4538752, "typical_volume": 4965205.75, "trend": 42.225025, "fair_value": 41.772319, "relative_strength": -12.708502, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.198223, "energy": 10.003125, "activity_lines": [ 41.933969, 41.261963, 41.987135, 42.477567 ] }, { "date": "2026-02-06", "close": 42.664047, "volume": 4433575, "typical_volume": 4614739.5, "trend": 42.433274, "fair_value": 41.779024, "relative_strength": -8.364, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.375762, "energy": 13.996137, "activity_lines": [ 42.267927, 41.565502, 41.915581, 42.505891 ] }, { "date": "2026-02-13", "close": 44.211498, "volume": 7666156, "typical_volume": 4444054.35, "trend": 42.640629, "fair_value": 41.797176, "relative_strength": -6.363109, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.44842, "energy": 19.323813, "activity_lines": [ 42.988086, 42.139393, 42.010783, 42.620615 ] }, { "date": "2026-02-27", "close": 44.46941, "volume": 4783549, "typical_volume": 4573176.9, "trend": 42.860872, "fair_value": 41.816971, "relative_strength": -8.347087, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.249402, "energy": 23.805397, "activity_lines": [ 43.550196, 42.702644, 42.154156, 42.738601 ] }, { "date": "2026-03-06", "close": 42.703724, "volume": 6193836, "typical_volume": 4678841.85, "trend": 43.010376, "fair_value": 41.823491, "relative_strength": -9.910557, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.110732, "energy": 18.141514, "activity_lines": [ 43.393466, 42.846387, 42.151749, 42.728462 ] }, { "date": "2026-03-13", "close": 45.520882, "volume": 6228754, "typical_volume": 4765291.1, "trend": 43.207251, "fair_value": 41.850479, "relative_strength": -4.610575, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.832825, "energy": 35.508514, "activity_lines": [ 44.194305, 43.450398, 42.450647, 42.89043 ] }, { "date": "2026-03-20", "close": 39.410431, "volume": 6884685, "typical_volume": 4813805.75, "trend": 43.225197, "fair_value": 41.832798, "relative_strength": -14.670215, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.092365, "energy": 17.123621, "activity_lines": [ 42.693145, 42.836287, 42.168516, 42.645474 ] }, { "date": "2026-03-27", "close": 39.271557, "volume": 4893415, "typical_volume": 4810825.05, "trend": 43.191318, "fair_value": 41.814372, "relative_strength": -13.9867, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.471136, "energy": 26.971888, "activity_lines": [ 41.362601, 42.220733, 41.908738, 42.390401 ] }, { "date": "2026-04-03", "close": 37.416599, "volume": 3579684, "typical_volume": 4807319.4, "trend": 42.920356, "fair_value": 41.782959, "relative_strength": -15.244353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.452388, "energy": 53.608762, "activity_lines": [ 39.743067, 41.29118, 41.496988, 42.017838 ] }, { "date": "2026-04-10", "close": 40.52142, "volume": 2926991, "typical_volume": 4705773.25, "trend": 42.897775, "fair_value": 41.774012, "relative_strength": -13.766008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.434141, "energy": 45.069912, "activity_lines": [ 39.628661, 41.018843, 41.40927, 41.863068 ] }, { "date": "2026-04-17", "close": 41.017399, "volume": 2833487, "typical_volume": 4634161.45, "trend": 42.850472, "fair_value": 41.768684, "relative_strength": -15.689288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.305365, "energy": 49.533235, "activity_lines": [ 39.825068, 40.881411, 41.380739, 41.741753 ] }, { "date": "2026-04-24", "close": 42.148232, "volume": 5772483, "typical_volume": 4784578.35, "trend": 42.697626, "fair_value": 41.771338, "relative_strength": -13.326949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.569835, "energy": 24.244433, "activity_lines": [ 40.698651, 40.959145, 41.456034, 41.696448 ] }, { "date": "2026-05-01", "close": 44.241257, "volume": 5558981, "typical_volume": 4932452.4, "trend": 42.533359, "fair_value": 41.78849, "relative_strength": -9.594268, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.845706, "energy": 10.692326, "activity_lines": [ 42.08739, 41.426807, 41.730239, 41.796037 ] }, { "date": "2026-05-08", "close": 45.679596, "volume": 4186866, "typical_volume": 4818548.1, "trend": 42.417035, "fair_value": 41.815325, "relative_strength": -9.114122, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.77607, "energy": 28.164428, "activity_lines": [ 43.624261, 42.155444, 42.126218, 41.99902 ] }, { "date": "2026-05-15", "close": 45.788712, "volume": 6727845, "typical_volume": 4955510.35, "trend": 42.288837, "fair_value": 41.84254, "relative_strength": -8.497045, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.967287, "energy": 38.369969, "activity_lines": [ 44.646639, 42.881918, 42.501036, 42.216547 ] }, { "date": "2026-05-22", "close": 45.97718, "volume": 5514595, "typical_volume": 5068142.4, "trend": 42.297617, "fair_value": 41.870667, "relative_strength": -8.018047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.813039, "energy": 64.388212, "activity_lines": [ 45.380685, 43.586567, 42.865509, 42.454505 ] }, { "date": "2026-05-29", "close": 39.740002, "volume": 5440967, "typical_volume": 5241750.75, "trend": 42.059547, "fair_value": 41.856271, "relative_strength": -19.979902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.210829, "energy": 32.728529, "activity_lines": [ 43.705021, 43.148888, 42.605734, 42.289497 ] }, { "date": "2026-06-05", "close": 38.43, "volume": 1155900, "typical_volume": 5031817.7, "trend": 41.858669, "fair_value": 41.833275, "relative_strength": -20.902273, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.699147, "energy": 7.676506, "activity_lines": [ 41.753238, 42.467034, 42.225863, 42.055333 ] }, { "date": "2026-06-12", "close": 36.619999, "volume": 781900, "typical_volume": 4784840.85, "trend": 41.633762, "fair_value": 41.79852, "relative_strength": -22.403206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -40.436914, "energy": 34.800488, "activity_lines": [ 39.585538, 41.47139, 41.683711, 41.717354 ] }, { "date": "2026-06-19", "close": 36.290001, "volume": 3470400, "typical_volume": 4678641.05, "trend": 41.40906, "fair_value": 41.76204, "relative_strength": -27.734346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.164488, "energy": 66.789449, "activity_lines": [ 37.911812, 40.43023, 41.138204, 41.372596 ] }, { "date": "2026-06-26", "close": 32.799999, "volume": 1239470, "typical_volume": 4513676.95, "trend": 41.16226, "fair_value": 41.703079, "relative_strength": -33.148941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.030935, "energy": 86.908928, "activity_lines": [ 35.708, 38.83146, 40.292179, 40.817172 ] }, { "date": "2026-07-03", "close": 34.240002, "volume": 1181100, "typical_volume": 4351053.2, "trend": 40.901628, "fair_value": 41.654301, "relative_strength": -28.869623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.021844, "energy": 84.842615, "activity_lines": [ 34.862667, 37.643915, 39.624932, 40.370575 ] }, { "date": "2026-07-10", "close": 33.130001, "volume": 4016334, "typical_volume": 4168562.1, "trend": 40.637723, "fair_value": 41.598948, "relative_strength": -28.127219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.135065, "energy": 86.021415, "activity_lines": [ 34.014001, 36.398338, 38.892085, 39.86918 ] }, { "date": "2026-07-17", "close": 31.0, "volume": 3983416, "typical_volume": 4128555.45, "trend": 40.369279, "fair_value": 41.530568, "relative_strength": -25.640944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.70377, "energy": 89.228514, "activity_lines": [ 32.808667, 34.967511, 38.00915, 39.247391 ] }, { "date": "2026-07-24", "close": 29.35, "volume": 4766195, "typical_volume": 4057173.4, "trend": 40.019382, "fair_value": 41.452487, "relative_strength": -29.342051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.396952, "energy": 89.380264, "activity_lines": [ 31.428, 33.503585, 37.033212, 38.53647 ] }, { "date": "2026-07-31", "close": 31.17, "volume": 3687203, "typical_volume": 3930095.85, "trend": 39.737427, "fair_value": 41.14682, "relative_strength": -23.343627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.192598, "energy": 81.422047, "activity_lines": [ 31.116667, 32.669455, 36.294196, 37.965542 ] }, { "date": "2026-08-07", "close": 33.330002, "volume": 4964933, "typical_volume": 3834108.25, "trend": 39.4911, "fair_value": 40.944107, "relative_strength": -21.646882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.772616, "energy": 62.681189, "activity_lines": [ 31.634001, 32.497273, 35.829233, 37.55216 ] } ], "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." } } }