{ "ticker": { "uuid": "ea638d08-da0c-4f72-8815-7ac44a681624", "symbol": "688269", "name": "Kaili Catalyst & New Materials Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "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": -63.237, "architecture_energy": 66.304, "architecture_maturity": 32.933, "architecture_confidence": 91.497, "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": 11.04, "rotation_up": 16.81, "upward_expansion": 13.52, "deceleration": 44.2, "rotation_down": 62.83, "downward_expansion": 84.52 }, "activity_lines": [ 29.721333, 30.672404, 33.545351, 35.621179 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 31.110001, "trend_reference": 38.250049, "distance_from_trend": -0.186668, "trend_direction": "Weakening", "fair_value": 33.468845, "distance_from_fair_value": -0.070479, "fair_value_direction": "Weakening", "relative_strength": -19.129903, "relative_strength_direction": "Weakening", "price_momentum": -0.33369, "excess_performance": -0.290486, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.186668, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.066092, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.070479, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.256081, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.191299, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.1972, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.33369, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.68736, "read": "Supply-led" } ], "volume": { "latest": 9366523, "relative_activity": 1.298756, "balance": 0.68736, "dry_up": 1.027278, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.100014, "annualized_volatility": 0.441695, "from_high_reference": -0.42844, "from_low_reference": 0.140814 }, "levels": { "trend_reference": 38.250049, "fair_value_reference": 33.468845, "structural_low": 27.27, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.044992, "positive_rate": 0.347826, "directional_follow_through": 0.652174, "median_excess_return": -0.034107, "regime_survival": 0.913043, "best_return": 0.152817, "worst_return": -0.278261, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.145326, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.080753, "regime_survival": 0.857143, "best_return": 0.255974, "worst_return": -0.31486, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.250004, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.172927, "regime_survival": 0.75, "best_return": 0.296669, "worst_return": -0.499014, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.308314, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.32807, "regime_survival": 0.5, "best_return": 0.029756, "worst_return": -0.646385, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.061484, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": 0.016326, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.146692, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": 0.025898, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.011099, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-09-19", "tenure": "Extended", "return": 0.342132, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.005263, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-12-05", "tenure": "Developing", "return": -0.097964, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.154005, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-27", "tenure": "Developing", "return": -0.188477, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.038236, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.054503, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.15362, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.071343, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 59.943871, "volume": 1059096, "typical_volume": 2465571.1, "trend": 68.818775, "fair_value": 73.921865, "relative_strength": -21.523779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.575467, "energy": 37.920167, "activity_lines": [ 60.047327, 60.362547, 61.255201, 64.398318 ] }, { "date": "2023-08-04", "close": 60.869202, "volume": 1015865, "typical_volume": 2402825.1, "trend": 68.122688, "fair_value": 73.803204, "relative_strength": -20.396137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.4067, "energy": 37.45978, "activity_lines": [ 60.190626, 60.437905, 60.97353, 63.885442 ] }, { "date": "2023-08-11", "close": 57.852249, "volume": 483921, "typical_volume": 2243026.75, "trend": 67.380982, "fair_value": 73.659502, "relative_strength": -21.718181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.443906, "energy": 42.805472, "activity_lines": [ 59.369399, 59.97752, 60.486684, 63.222833 ] }, { "date": "2023-08-18", "close": 55.799175, "volume": 1218093, "typical_volume": 2121486.2, "trend": 66.696931, "fair_value": 73.500035, "relative_strength": -22.810596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.631412, "energy": 50.390699, "activity_lines": [ 58.134343, 59.194322, 59.887715, 62.47562 ] }, { "date": "2023-08-25", "close": 53.755745, "volume": 1499109, "typical_volume": 2082144.7, "trend": 65.820898, "fair_value": 73.325306, "relative_strength": -23.49884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.716624, "energy": 65.864323, "activity_lines": [ 56.480963, 58.050281, 59.170531, 61.640704 ] }, { "date": "2023-09-01", "close": 49.042358, "volume": 4351195, "typical_volume": 2220175.1, "trend": 64.796645, "fair_value": 73.112298, "relative_strength": -31.074707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.074878, "energy": 83.893473, "activity_lines": [ 53.613733, 56.209265, 58.087676, 60.558218 ] }, { "date": "2023-09-08", "close": 48.396557, "volume": 2113240, "typical_volume": 2221440.75, "trend": 63.771192, "fair_value": 72.897379, "relative_strength": -30.806271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.727491, "energy": 90.053179, "activity_lines": [ 51.258003, 54.471997, 57.050028, 59.500148 ] }, { "date": "2023-09-15", "close": 48.570053, "volume": 1494345, "typical_volume": 2121117.9, "trend": 62.87793, "fair_value": 72.68766, "relative_strength": -29.859055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.524447, "energy": 91.057885, "activity_lines": [ 49.791615, 53.004266, 56.117184, 58.519429 ] }, { "date": "2023-09-22", "close": 46.777229, "volume": 2613992, "typical_volume": 2144547.05, "trend": 61.898546, "fair_value": 72.466204, "relative_strength": -32.113691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.848343, "energy": 91.937295, "activity_lines": [ 48.346433, 51.453115, 55.072692, 57.480674 ] }, { "date": "2023-09-29", "close": 48.531502, "volume": 2805332, "typical_volume": 2125863.0, "trend": 60.88172, "fair_value": 72.263367, "relative_strength": -28.422919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.446664, "energy": 85.212409, "activity_lines": [ 48.08747, 50.456636, 54.257009, 56.618284 ] }, { "date": "2023-10-13", "close": 46.276012, "volume": 3186169, "typical_volume": 2142455.55, "trend": 59.746835, "fair_value": 72.044986, "relative_strength": -30.604383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.860202, "energy": 78.936212, "activity_lines": [ 47.424961, 49.242494, 53.271324, 55.675981 ] }, { "date": "2023-10-20", "close": 42.353008, "volume": 2351147, "typical_volume": 2147412.95, "trend": 58.554549, "fair_value": 71.797553, "relative_strength": -33.546172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.961764, "energy": 72.615575, "activity_lines": [ 45.639207, 47.563585, 51.969623, 54.553798 ] }, { "date": "2023-10-27", "close": 42.150593, "volume": 4110585, "typical_volume": 2260099.2, "trend": 57.447305, "fair_value": 71.552537, "relative_strength": -33.914677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.103816, "energy": 70.608738, "activity_lines": [ 44.188884, 46.184531, 50.740167, 53.495478 ] }, { "date": "2023-11-03", "close": 38.536034, "volume": 6996386, "typical_volume": 2450382.85, "trend": 56.33709, "fair_value": 71.28191, "relative_strength": -38.991155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.733662, "energy": 87.194484, "activity_lines": [ 41.961673, 44.43377, 49.254457, 52.275396 ] }, { "date": "2023-11-10", "close": 40.290298, "volume": 7228999, "typical_volume": 2611736.7, "trend": 55.305677, "fair_value": 71.029945, "relative_strength": -35.511824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.371658, "energy": 80.628654, "activity_lines": [ 40.868629, 43.31584, 48.020824, 51.24012 ] }, { "date": "2023-11-17", "close": 42.112038, "volume": 5440009, "typical_volume": 2823340.95, "trend": 54.327684, "fair_value": 70.796736, "relative_strength": -31.96698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.242056, "energy": 67.83891, "activity_lines": [ 40.932245, 42.773963, 47.066718, 50.388917 ] }, { "date": "2023-11-24", "close": 40.174633, "volume": 3339987, "typical_volume": 2836337.45, "trend": 53.435655, "fair_value": 70.55176, "relative_strength": -33.871008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.737748, "energy": 66.193356, "activity_lines": [ 40.627658, 42.005836, 46.019023, 49.475817 ] }, { "date": "2023-12-01", "close": 39.30714, "volume": 1890053, "typical_volume": 2838455.15, "trend": 52.713215, "fair_value": 70.303786, "relative_strength": -34.211231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.648847, "energy": 64.983411, "activity_lines": [ 40.179132, 41.229472, 44.990193, 48.5643 ] }, { "date": "2023-12-08", "close": 35.037136, "volume": 4209070, "typical_volume": 2936337.75, "trend": 51.889729, "fair_value": 70.026096, "relative_strength": -39.157443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.266568, "energy": 71.910162, "activity_lines": [ 38.496834, 39.845161, 43.662329, 47.423908 ] }, { "date": "2023-12-15", "close": 35.162445, "volume": 2681977, "typical_volume": 3004428.5, "trend": 51.130448, "fair_value": 69.753724, "relative_strength": -37.457985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.649693, "energy": 82.858988, "activity_lines": [ 37.089566, 38.697089, 42.464039, 46.344728 ] }, { "date": "2023-12-22", "close": 35.3745, "volume": 2567157, "typical_volume": 3079831.55, "trend": 50.36384, "fair_value": 69.487218, "relative_strength": -35.602137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.818974, "energy": 83.257824, "activity_lines": [ 36.09484, 37.830646, 41.400005, 45.328215 ] }, { "date": "2023-12-29", "close": 35.673298, "volume": 5799924, "typical_volume": 3319034.5, "trend": 49.500522, "fair_value": 69.227111, "relative_strength": -35.507804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.487051, "energy": 79.460053, "activity_lines": [ 35.648882, 37.21674, 40.481424, 44.380438 ] }, { "date": "2024-01-05", "close": 33.253956, "volume": 4109517, "typical_volume": 3500314.3, "trend": 48.588046, "fair_value": 68.952507, "relative_strength": -38.080308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.940446, "energy": 72.695112, "activity_lines": [ 34.696567, 36.284403, 39.45241, 43.332273 ] }, { "date": "2024-01-12", "close": 33.06118, "volume": 3677642, "typical_volume": 3623291.75, "trend": 47.810514, "fair_value": 68.680603, "relative_strength": -36.431402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.067424, "energy": 68.486987, "activity_lines": [ 34.083538, 35.478772, 38.522172, 42.33054 ] }, { "date": "2024-01-19", "close": 30.651472, "volume": 3730860, "typical_volume": 3734879.3, "trend": 46.74703, "fair_value": 68.39467, "relative_strength": -39.086337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.652916, "energy": 77.049762, "activity_lines": [ 32.799003, 34.334556, 37.470713, 41.223505 ] }, { "date": "2024-01-26", "close": 28.164654, "volume": 9284318, "typical_volume": 3981535.45, "trend": 45.645633, "fair_value": 68.094446, "relative_strength": -44.676682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.488341, "energy": 88.53423, "activity_lines": [ 30.986261, 32.913442, 36.292435, 40.024642 ] }, { "date": "2024-02-02", "close": 24.000681, "volume": 7752266, "typical_volume": 4263486.75, "trend": 44.39612, "fair_value": 67.767825, "relative_strength": -48.862493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.529786, "energy": 94.306234, "activity_lines": [ 28.266184, 30.988831, 34.817006, 38.628193 ] }, { "date": "2024-02-09", "close": 25.591087, "volume": 10144204, "typical_volume": 4695979.7, "trend": 43.185483, "fair_value": 67.457702, "relative_strength": -47.139227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.149695, "energy": 90.052821, "activity_lines": [ 26.854416, 29.647457, 33.609215, 37.414965 ] }, { "date": "2024-02-23", "close": 27.142939, "volume": 8122931, "typical_volume": 4971426.65, "trend": 42.098866, "fair_value": 67.163434, "relative_strength": -45.582454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.176342, "energy": 76.341574, "activity_lines": [ 26.470791, 28.83762, 32.658643, 36.379962 ] }, { "date": "2024-03-01", "close": 26.757387, "volume": 15846688, "typical_volume": 5623494.45, "trend": 41.020281, "fair_value": 66.870636, "relative_strength": -45.83553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.45478, "energy": 66.786238, "activity_lines": [ 26.353198, 28.101214, 31.764848, 35.390189 ] }, { "date": "2024-03-08", "close": 26.930885, "volume": 12816584, "typical_volume": 6105015.2, "trend": 39.919848, "fair_value": 66.5833, "relative_strength": -44.88464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.771595, "energy": 63.312343, "activity_lines": [ 26.553043, 27.549172, 30.991264, 34.481196 ] }, { "date": "2024-03-15", "close": 28.116461, "volume": 9327628, "typical_volume": 6453839.25, "trend": 38.82809, "fair_value": 66.308537, "relative_strength": -41.602603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.568053, "energy": 57.312168, "activity_lines": [ 27.230331, 27.366209, 30.422711, 33.719687 ] }, { "date": "2024-03-22", "close": 29.957478, "volume": 11216516, "typical_volume": 6809135.8, "trend": 37.898264, "fair_value": 66.050728, "relative_strength": -36.478561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.301927, "energy": 42.351644, "activity_lines": [ 28.246907, 27.655374, 30.097286, 33.14739 ] }, { "date": "2024-03-29", "close": 27.142939, "volume": 8096536, "typical_volume": 6864143.3, "trend": 36.943057, "fair_value": 65.776729, "relative_strength": -41.212622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.718252, "energy": 37.74518, "activity_lines": [ 28.03421, 27.492741, 29.561872, 32.453498 ] }, { "date": "2024-04-05", "close": 28.473101, "volume": 3808883, "typical_volume": 6693137.5, "trend": 36.100302, "fair_value": 65.515865, "relative_strength": -37.809595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.817755, "energy": 31.651131, "activity_lines": [ 28.2649, 27.67956, 29.207393, 31.907049 ] }, { "date": "2024-04-12", "close": 26.150139, "volume": 6536239, "typical_volume": 6747949.0, "trend": 35.337228, "fair_value": 65.242492, "relative_strength": -40.928791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.553337, "energy": 37.140815, "activity_lines": [ 27.606889, 27.483629, 28.687952, 31.265103 ] }, { "date": "2024-04-19", "close": 23.788628, "volume": 6359029, "typical_volume": 6898901.1, "trend": 34.516964, "fair_value": 64.956603, "relative_strength": -46.101233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.267048, "energy": 51.228138, "activity_lines": [ 26.213757, 26.894959, 28.019614, 30.520032 ] }, { "date": "2024-04-26", "close": 25.253731, "volume": 4656927, "typical_volume": 7037244.8, "trend": 33.739753, "fair_value": 64.684666, "relative_strength": -42.193425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.854192, "energy": 48.136592, "activity_lines": [ 25.597515, 26.576528, 27.568838, 29.922404 ] }, { "date": "2024-05-03", "close": 25.273006, "volume": 3452256, "typical_volume": 6999404.1, "trend": 33.022945, "fair_value": 64.416559, "relative_strength": -41.485454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.858009, "energy": 50.090432, "activity_lines": [ 25.301281, 26.267734, 27.186819, 29.376162 ] }, { "date": "2024-05-10", "close": 26.56461, "volume": 7590794, "typical_volume": 7244844.95, "trend": 32.290716, "fair_value": 64.160803, "relative_strength": -38.622019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.162906, "energy": 47.369222, "activity_lines": [ 25.560244, 26.227777, 26.974306, 28.959496 ] }, { "date": "2024-05-17", "close": 26.603165, "volume": 6474323, "typical_volume": 7440203.25, "trend": 31.634954, "fair_value": 63.908738, "relative_strength": -37.694746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.611271, "energy": 38.828239, "activity_lines": [ 25.959292, 26.198335, 26.806407, 28.592557 ] }, { "date": "2024-05-24", "close": 25.581451, "volume": 5251484, "typical_volume": 7412781.25, "trend": 31.075902, "fair_value": 63.653223, "relative_strength": -37.993752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.310466, "energy": 35.554516, "activity_lines": [ 25.987566, 25.989085, 26.58297, 28.202008 ] }, { "date": "2024-05-31", "close": 26.709192, "volume": 6561964, "typical_volume": 7535403.6, "trend": 30.561189, "fair_value": 63.40856, "relative_strength": -34.354643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.724938, "energy": 24.329519, "activity_lines": [ 26.272232, 26.03097, 26.514993, 27.920285 ] }, { "date": "2024-06-07", "close": 25.023914, "volume": 5189222, "typical_volume": 7610982.6, "trend": 30.110785, "fair_value": 63.15603, "relative_strength": -36.768841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.351273, "energy": 29.059812, "activity_lines": [ 25.898109, 25.8255, 26.317679, 27.563042 ] }, { "date": "2024-06-14", "close": 26.291822, "volume": 3763448, "typical_volume": 7612612.0, "trend": 29.644169, "fair_value": 62.915087, "relative_strength": -32.140332, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.318061, "energy": 24.334297, "activity_lines": [ 25.963227, 25.889087, 26.279391, 27.316657 ] }, { "date": "2024-06-21", "close": 25.849527, "volume": 4589263, "typical_volume": 7377859.25, "trend": 29.102085, "fair_value": 62.674402, "relative_strength": -31.605445, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -48.306817, "energy": 26.405166, "activity_lines": [ 25.8991, 25.911916, 26.21974, 27.071841 ] }, { "date": "2024-06-28", "close": 25.112375, "volume": 3752630, "typical_volume": 7177877.45, "trend": 28.60001, "fair_value": 62.432066, "relative_strength": -31.759169, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -56.786247, "energy": 32.680909, "activity_lines": [ 25.639498, 25.806184, 26.100909, 26.814441 ] }, { "date": "2024-07-05", "close": 23.68721, "volume": 2436369, "typical_volume": 6792485.7, "trend": 28.079346, "fair_value": 62.183702, "relative_strength": -34.115676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.979102, "energy": 39.852927, "activity_lines": [ 24.936113, 25.417262, 25.841053, 26.497486 ] }, { "date": "2024-07-12", "close": 22.596224, "volume": 4207519, "typical_volume": 6596715.1, "trend": 27.664649, "fair_value": 61.873115, "relative_strength": -36.438919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.702987, "energy": 64.402173, "activity_lines": [ 24.070531, 24.858461, 25.48636, 26.143736 ] }, { "date": "2024-07-19", "close": 22.291534, "volume": 2484168, "typical_volume": 5928589.1, "trend": 27.235618, "fair_value": 61.538234, "relative_strength": -36.310099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.730804, "energy": 75.765379, "activity_lines": [ 23.265232, 24.292931, 25.124301, 25.797083 ] }, { "date": "2024-07-26", "close": 21.750954, "volume": 2587923, "typical_volume": 5417156.05, "trend": 26.7815, "fair_value": 61.123366, "relative_strength": -34.720591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.227189, "energy": 80.908239, "activity_lines": [ 22.546425, 23.706807, 24.732023, 25.443234 ] }, { "date": "2024-08-02", "close": 22.035988, "volume": 2561887, "typical_volume": 5078869.0, "trend": 26.326923, "fair_value": 60.741045, "relative_strength": -32.95475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.300971, "energy": 77.044111, "activity_lines": [ 22.195868, 23.260728, 24.391558, 25.137072 ] }, { "date": "2024-08-09", "close": 21.249691, "volume": 2359694, "typical_volume": 4636027.9, "trend": 25.926781, "fair_value": 60.361676, "relative_strength": -33.13656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.644242, "energy": 78.893274, "activity_lines": [ 21.788304, 22.736149, 24.005162, 24.809509 ] }, { "date": "2024-08-16", "close": 22.360332, "volume": 4141457, "typical_volume": 4438273.95, "trend": 25.570086, "fair_value": 59.976536, "relative_strength": -28.736641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.749665, "energy": 59.172687, "activity_lines": [ 21.913455, 22.512769, 23.766006, 24.579415 ] }, { "date": "2024-08-23", "close": 21.426605, "volume": 3328428, "typical_volume": 4414251.2, "trend": 25.26259, "fair_value": 59.630568, "relative_strength": -29.795486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.111526, "energy": 52.475958, "activity_lines": [ 21.74309, 22.168049, 23.460699, 24.312094 ] }, { "date": "2024-08-30", "close": 22.065474, "volume": 3004514, "typical_volume": 4237664.95, "trend": 25.059284, "fair_value": 59.333035, "relative_strength": -26.056163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.551987, "energy": 47.657805, "activity_lines": [ 21.843344, 22.027945, 23.249792, 24.105828 ] }, { "date": "2024-09-06", "close": 21.387291, "volume": 2372429, "typical_volume": 4038334.95, "trend": 24.972171, "fair_value": 59.082155, "relative_strength": -25.001092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.109034, "energy": 46.7908, "activity_lines": [ 21.696568, 21.833336, 22.993746, 23.868925 ] }, { "date": "2024-09-13", "close": 21.033457, "volume": 1985712, "typical_volume": 3904774.2, "trend": 24.82025, "fair_value": 58.706641, "relative_strength": -23.434014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.216219, "energy": 50.030706, "activity_lines": [ 21.475094, 21.642123, 22.715437, 23.614815 ] }, { "date": "2024-09-20", "close": 20.748426, "volume": 1429903, "typical_volume": 3803656.55, "trend": 24.6071, "fair_value": 58.362298, "relative_strength": -24.234934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.272443, "energy": 52.162624, "activity_lines": [ 21.173026, 21.447336, 22.430078, 23.352117 ] }, { "date": "2024-09-27", "close": 24.247448, "volume": 5492770, "typical_volume": 3698755.35, "trend": 24.523435, "fair_value": 57.966053, "relative_strength": -20.33264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.640803, "energy": 23.603402, "activity_lines": [ 22.144758, 21.922331, 22.499505, 23.328913 ] }, { "date": "2024-10-04", "close": 27.815273, "volume": 3776797, "typical_volume": 3563879.05, "trend": 24.552915, "fair_value": 57.623873, "relative_strength": -14.327165, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 17.405432, "energy": 23.864816, "activity_lines": [ 24.117709, 23.010459, 22.919759, 23.54129 ] }, { "date": "2024-10-11", "close": 25.122204, "volume": 13155746, "typical_volume": 3959092.15, "trend": 24.453106, "fair_value": 57.269499, "relative_strength": -18.510777, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.75909, "energy": 27.970436, "activity_lines": [ 24.809651, 23.498679, 23.077759, 23.578018 ] }, { "date": "2024-10-18", "close": 25.426895, "volume": 6541362, "typical_volume": 3958062.05, "trend": 24.302087, "fair_value": 56.938476, "relative_strength": -17.439294, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.846224, "energy": 34.363561, "activity_lines": [ 25.354162, 23.986183, 23.266963, 23.640843 ] }, { "date": "2024-10-25", "close": 27.952875, "volume": 10124045, "typical_volume": 4204803.2, "trend": 24.329085, "fair_value": 56.642001, "relative_strength": -9.227855, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.314917, "energy": 54.684784, "activity_lines": [ 26.447771, 24.857008, 23.702844, 23.876378 ] }, { "date": "2024-11-01", "close": 26.409767, "volume": 11942663, "typical_volume": 4613763.95, "trend": 24.260307, "fair_value": 56.349326, "relative_strength": -12.449483, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.619446, "energy": 45.265788, "activity_lines": [ 26.546713, 25.345584, 23.977814, 24.010616 ] }, { "date": "2024-11-08", "close": 27.520412, "volume": 13296062, "typical_volume": 5049103.9, "trend": 24.305983, "fair_value": 56.078024, "relative_strength": -12.667799, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.596782, "energy": 47.225066, "activity_lines": [ 26.871716, 25.945494, 24.357998, 24.220945 ] }, { "date": "2024-11-15", "close": 27.353323, "volume": 12625633, "typical_volume": 5492754.05, "trend": 24.424806, "fair_value": 55.813943, "relative_strength": -9.063133, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.848738, "energy": 42.190992, "activity_lines": [ 27.160681, 26.415842, 24.714313, 24.417547 ] }, { "date": "2024-11-22", "close": 26.105074, "volume": 6862270, "typical_volume": 5714049.1, "trend": 24.453184, "fair_value": 55.535598, "relative_strength": -10.419407, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.650717, "energy": 37.914357, "activity_lines": [ 26.88482, 26.550764, 24.941075, 24.525952 ] }, { "date": "2024-11-29", "close": 26.488398, "volume": 5099407, "typical_volume": 5758643.5, "trend": 24.493697, "fair_value": 55.221227, "relative_strength": -9.701662, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.874182, "energy": 34.413697, "activity_lines": [ 26.691523, 26.663169, 25.192831, 24.657256 ] }, { "date": "2024-12-06", "close": 26.861887, "volume": 6711647, "typical_volume": 5970017.45, "trend": 24.503606, "fair_value": 54.953952, "relative_strength": -9.515136, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.194567, "energy": 28.191561, "activity_lines": [ 26.720354, 26.739118, 25.461623, 24.810042 ] }, { "date": "2024-12-13", "close": 26.920858, "volume": 9720658, "typical_volume": 6326654.2, "trend": 24.514196, "fair_value": 54.670859, "relative_strength": -8.208673, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.786647, "energy": 25.289348, "activity_lines": [ 26.7387, 26.778254, 25.714267, 24.965994 ] }, { "date": "2024-12-20", "close": 25.996962, "volume": 4509412, "typical_volume": 6424030.45, "trend": 24.528046, "fair_value": 54.308506, "relative_strength": -9.884265, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.217559, "energy": 21.9826, "activity_lines": [ 26.489052, 26.66567, 25.854303, 25.061656 ] }, { "date": "2024-12-27", "close": 25.033745, "volume": 3851442, "typical_volume": 6498617.85, "trend": 24.472198, "fair_value": 53.95069, "relative_strength": -13.110429, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.656472, "energy": 16.175151, "activity_lines": [ 26.008755, 26.362052, 25.883743, 25.094282 ] }, { "date": "2025-01-03", "close": 23.480806, "volume": 3757003, "typical_volume": 6479395.15, "trend": 24.420761, "fair_value": 53.597819, "relative_strength": -12.785121, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.109029, "energy": 12.600281, "activity_lines": [ 25.082233, 25.78323, 25.747264, 25.030321 ] }, { "date": "2025-01-10", "close": 22.183416, "volume": 4362207, "typical_volume": 6531084.1, "trend": 24.283814, "fair_value": 53.271185, "relative_strength": -15.646272, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.652466, "energy": 40.573631, "activity_lines": [ 23.923755, 25.049828, 25.481888, 24.885977 ] }, { "date": "2025-01-17", "close": 23.728016, "volume": 4694728, "typical_volume": 6615594.8, "trend": 24.213097, "fair_value": 52.947585, "relative_strength": -10.956166, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.884488, "energy": 43.780106, "activity_lines": [ 23.592041, 24.674106, 25.360014, 24.850119 ] }, { "date": "2025-01-24", "close": 23.787485, "volume": 3074535, "typical_volume": 6650700.1, "trend": 24.168934, "fair_value": 52.591152, "relative_strength": -10.293121, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.683555, "energy": 49.13168, "activity_lines": [ 23.493006, 24.378149, 25.235886, 24.82266 ] }, { "date": "2025-01-31", "close": 23.896511, "volume": 588821, "typical_volume": 6580855.55, "trend": 24.175911, "fair_value": 52.20445, "relative_strength": -9.328241, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.678708, "energy": 50.066358, "activity_lines": [ 23.577612, 24.166849, 25.110712, 24.805084 ] }, { "date": "2025-02-07", "close": 24.689426, "volume": 3668666, "typical_volume": 6692793.7, "trend": 24.245684, "fair_value": 51.833542, "relative_strength": -7.535426, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.68078, "energy": 17.761409, "activity_lines": [ 24.002338, 24.13987, 25.04742, 24.838214 ] }, { "date": "2025-02-14", "close": 24.342525, "volume": 4171645, "typical_volume": 6626737.45, "trend": 24.314051, "fair_value": 51.490688, "relative_strength": -9.651509, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.613086, "energy": 8.038139, "activity_lines": [ 24.230857, 24.082527, 24.932324, 24.844462 ] }, { "date": "2025-02-21", "close": 26.790655, "volume": 11573541, "typical_volume": 7016574.65, "trend": 24.482041, "fair_value": 51.160892, "relative_strength": -1.257687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.680828, "energy": 29.36853, "activity_lines": [ 25.131477, 24.516105, 25.04993, 25.004243 ] }, { "date": "2025-02-28", "close": 25.710306, "volume": 12305461, "typical_volume": 6974060.4, "trend": 24.604518, "fair_value": 50.878936, "relative_strength": -3.324226, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.439511, "energy": 26.472343, "activity_lines": [ 25.467806, 24.755624, 25.069524, 25.083486 ] }, { "date": "2025-03-07", "close": 27.732243, "volume": 9485957, "typical_volume": 7121290.15, "trend": 24.820603, "fair_value": 50.627391, "relative_strength": 2.834385, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.879834, "energy": 43.306282, "activity_lines": [ 26.349925, 25.367979, 25.278884, 25.285274 ] }, { "date": "2025-03-14", "close": 27.087997, "volume": 8592706, "typical_volume": 7044723.2, "trend": 24.978192, "fair_value": 50.327834, "relative_strength": -0.62897, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.028302, "energy": 52.206594, "activity_lines": [ 26.761581, 25.814135, 25.415909, 25.431558 ] }, { "date": "2025-03-21", "close": 26.770832, "volume": 7865035, "typical_volume": 6840841.8, "trend": 25.156333, "fair_value": 50.020543, "relative_strength": 0.257789, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.207866, "energy": 55.543962, "activity_lines": [ 26.90761, 26.137039, 25.526846, 25.547212 ] }, { "date": "2025-03-28", "close": 26.820389, "volume": 7040466, "typical_volume": 6528062.0, "trend": 25.31483, "fair_value": 49.731061, "relative_strength": 1.074605, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.827932, "energy": 50.528525, "activity_lines": [ 26.90827, 26.385546, 25.640784, 25.65457 ] }, { "date": "2025-04-04", "close": 27.058264, "volume": 5050927, "typical_volume": 6149326.7, "trend": 25.503863, "fair_value": 49.457142, "relative_strength": 2.548765, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.494706, "energy": 43.000703, "activity_lines": [ 26.986241, 26.621079, 25.78071, 25.76705 ] }, { "date": "2025-04-11", "close": 27.23667, "volume": 11458515, "typical_volume": 6379138.95, "trend": 25.710636, "fair_value": 49.206782, "relative_strength": 6.597921, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.808564, "energy": 34.218688, "activity_lines": [ 27.033816, 26.82958, 25.939031, 25.878844 ] }, { "date": "2025-04-18", "close": 28.951349, "volume": 12642595, "typical_volume": 6756298.35, "trend": 25.984067, "fair_value": 48.988879, "relative_strength": 11.684805, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.334161, "energy": 46.839213, "activity_lines": [ 27.685988, 27.28911, 26.255268, 26.087922 ] }, { "date": "2025-04-25", "close": 28.05932, "volume": 13177409, "typical_volume": 7079586.45, "trend": 26.111129, "fair_value": 48.780073, "relative_strength": 7.552809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.136849, "energy": 46.225616, "activity_lines": [ 27.916595, 27.508964, 26.47482, 26.22181 ] }, { "date": "2025-05-02", "close": 29.060377, "volume": 5706253, "typical_volume": 6878866.2, "trend": 26.152633, "fair_value": 48.557773, "relative_strength": 11.738319, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.385323, "energy": 55.023714, "activity_lines": [ 28.394988, 27.84325, 26.78401, 26.412084 ] }, { "date": "2025-05-09", "close": 30.804792, "volume": 11724799, "typical_volume": 7239635.55, "trend": 26.342053, "fair_value": 48.34212, "relative_strength": 15.990002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.438087, "energy": 71.440611, "activity_lines": [ 29.30552, 28.453435, 27.249146, 26.712223 ] }, { "date": "2025-05-16", "close": 31.597708, "volume": 19263447, "typical_volume": 8010235.8, "trend": 26.547746, "fair_value": 48.135999, "relative_strength": 17.805537, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.501623, "energy": 69.889638, "activity_lines": [ 30.230589, 29.11516, 27.766903, 27.051298 ] }, { "date": "2025-05-23", "close": 31.924786, "volume": 10499667, "typical_volume": 8347369.0, "trend": 26.680143, "fair_value": 47.907873, "relative_strength": 19.342642, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.968102, "energy": 78.814597, "activity_lines": [ 30.973947, 29.766072, 28.284554, 27.398203 ] }, { "date": "2025-05-30", "close": 30.804792, "volume": 10054842, "typical_volume": 8632000.75, "trend": 26.826644, "fair_value": 47.69114, "relative_strength": 15.034067, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.206025, "energy": 70.622049, "activity_lines": [ 31.145746, 30.125407, 28.655329, 27.66431 ] }, { "date": "2025-06-06", "close": 31.280542, "volume": 5078915, "typical_volume": 8651210.1, "trend": 26.951982, "fair_value": 47.452536, "relative_strength": 15.216207, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.378595, "energy": 63.874082, "activity_lines": [ 31.293096, 30.497897, 29.030359, 27.951658 ] }, { "date": "2025-06-13", "close": 34.353092, "volume": 17706606, "typical_volume": 9382813.65, "trend": 27.185307, "fair_value": 47.22879, "relative_strength": 26.391157, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.079651, "energy": 70.817205, "activity_lines": [ 32.316619, 31.34794, 29.662049, 28.429149 ] }, { "date": "2025-06-20", "close": 32.806904, "volume": 7223250, "typical_volume": 9714535.1, "trend": 27.408702, "fair_value": 47.003386, "relative_strength": 20.986558, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.943029, "energy": 52.52131, "activity_lines": [ 32.588192, 31.784223, 30.09617, 28.791833 ] }, { "date": "2025-06-27", "close": 33.02, "volume": 6903300, "typical_volume": 9876266.8, "trend": 27.626422, "fair_value": 46.72909, "relative_strength": 19.149539, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.664374, "energy": 53.4447, "activity_lines": [ 32.850185, 32.157975, 30.508156, 29.153852 ] }, { "date": "2025-07-04", "close": 32.23, "volume": 6567513, "typical_volume": 9996060.2, "trend": 27.805359, "fair_value": 46.481969, "relative_strength": 14.347903, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.740105, "energy": 49.006107, "activity_lines": [ 32.775829, 32.314115, 30.805235, 29.450857 ] }, { "date": "2025-07-11", "close": 32.91, "volume": 4765164, "typical_volume": 9655641.35, "trend": 28.004997, "fair_value": 46.245795, "relative_strength": 15.018657, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.32366, "energy": 45.964012, "activity_lines": [ 32.833127, 32.51806, 31.129516, 29.780189 ] }, { "date": "2025-07-18", "close": 34.830002, "volume": 9098028, "typical_volume": 9495269.7, "trend": 28.299432, "fair_value": 45.98044, "relative_strength": 20.216917, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.643983, "energy": 52.053665, "activity_lines": [ 33.421794, 33.001104, 31.607514, 30.220511 ] }, { "date": "2025-07-25", "close": 34.650002, "volume": 7534485, "typical_volume": 9397696.1, "trend": 28.619974, "fair_value": 45.72715, "relative_strength": 17.044815, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.469327, "energy": 51.903805, "activity_lines": [ 33.918668, 33.378235, 32.024942, 30.630226 ] }, { "date": "2025-08-01", "close": 36.41, "volume": 19090723, "typical_volume": 9922596.95, "trend": 29.050947, "fair_value": 45.477594, "relative_strength": 23.392997, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.870383, "energy": 64.301067, "activity_lines": [ 34.879334, 34.019869, 32.577048, 31.132808 ] }, { "date": "2025-08-08", "close": 40.380001, "volume": 17037054, "typical_volume": 10381197.9, "trend": 29.6575, "fair_value": 45.273992, "relative_strength": 32.881431, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.176738, "energy": 85.928922, "activity_lines": [ 36.937334, 35.301772, 33.462859, 31.863715 ] }, { "date": "2025-08-15", "close": 38.439999, "volume": 15480966, "typical_volume": 10803222.9, "trend": 30.147899, "fair_value": 45.065065, "relative_strength": 23.639185, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.504769, "energy": 83.442379, "activity_lines": [ 37.805334, 36.056853, 34.099101, 32.430328 ] }, { "date": "2025-08-22", "close": 39.959999, "volume": 15491684, "typical_volume": 11325260.75, "trend": 30.686983, "fair_value": 44.853099, "relative_strength": 23.365844, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.278782, "energy": 87.225819, "activity_lines": [ 38.811333, 36.958126, 34.824775, 33.063366 ] }, { "date": "2025-08-29", "close": 38.880001, "volume": 13185805, "typical_volume": 11411625.25, "trend": 31.186432, "fair_value": 44.635518, "relative_strength": 18.408327, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.724574, "energy": 80.253045, "activity_lines": [ 39.115333, 37.561091, 35.386154, 33.591948 ] }, { "date": "2025-09-05", "close": 37.07, "volume": 10598209, "typical_volume": 11309405.95, "trend": 31.599118, "fair_value": 44.342771, "relative_strength": 13.72928, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.136842, "energy": 52.624193, "activity_lines": [ 38.534, 37.724546, 35.719708, 33.971533 ] }, { "date": "2025-09-12", "close": 37.720001, "volume": 8619692, "typical_volume": 11081520.1, "trend": 32.045034, "fair_value": 44.014532, "relative_strength": 13.484777, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.766239, "energy": 46.351378, "activity_lines": [ 38.125334, 37.932546, 36.076507, 34.366429 ] }, { "date": "2025-09-19", "close": 35.93, "volume": 7108944, "typical_volume": 11151654.65, "trend": 32.349679, "fair_value": 43.634072, "relative_strength": 9.082988, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.652286, "energy": 30.051855, "activity_lines": [ 37.297334, 37.715273, 36.216826, 34.617072 ] }, { "date": "2025-09-26", "close": 38.0, "volume": 9288059, "typical_volume": 11029817.65, "trend": 32.759335, "fair_value": 43.314129, "relative_strength": 14.595985, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.283604, "energy": 25.026311, "activity_lines": [ 37.326667, 37.819455, 36.521575, 34.981609 ] }, { "date": "2025-10-03", "close": 40.900002, "volume": 6430852, "typical_volume": 10388187.9, "trend": 33.198261, "fair_value": 43.032365, "relative_strength": 21.014519, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.871259, "energy": 40.252152, "activity_lines": [ 38.453334, 38.393273, 37.068252, 35.506813 ] }, { "date": "2025-10-10", "close": 38.200001, "volume": 6588672, "typical_volume": 10192638.15, "trend": 33.568661, "fair_value": 42.757113, "relative_strength": 12.118313, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.197647, "energy": 32.994564, "activity_lines": [ 38.545334, 38.362546, 37.31349, 35.829506 ] }, { "date": "2025-10-17", "close": 41.75, "volume": 13394574, "typical_volume": 10359624.75, "trend": 34.067966, "fair_value": 42.517706, "relative_strength": 23.529323, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.375209, "energy": 45.568421, "activity_lines": [ 39.745334, 38.944728, 37.866941, 36.357334 ] }, { "date": "2025-10-24", "close": 42.880001, "volume": 9993121, "typical_volume": 10605335.05, "trend": 34.603287, "fair_value": 42.286458, "relative_strength": 22.683102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.442979, "energy": 57.63284, "activity_lines": [ 41.053334, 39.707455, 38.475891, 36.925853 ] }, { "date": "2025-10-31", "close": 41.5, "volume": 10549379, "typical_volume": 10247473.7, "trend": 35.084678, "fair_value": 42.04236, "relative_strength": 17.97925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.629705, "energy": 53.879354, "activity_lines": [ 41.438001, 40.138546, 38.898176, 37.370802 ] }, { "date": "2025-11-07", "close": 45.939999, "volume": 12529191, "typical_volume": 10512770.75, "trend": 35.708122, "fair_value": 41.79087, "relative_strength": 28.22842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.174298, "energy": 73.489371, "activity_lines": [ 43.069333, 41.348909, 39.709286, 38.071145 ] }, { "date": "2025-11-14", "close": 40.150002, "volume": 14185318, "typical_volume": 10876871.65, "trend": 36.081411, "fair_value": 41.526024, "relative_strength": 11.822017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.597342, "energy": 48.111335, "activity_lines": [ 42.434667, 41.378182, 39.906429, 38.357718 ] }, { "date": "2025-11-21", "close": 36.799999, "volume": 5789919, "typical_volume": 10837991.95, "trend": 36.372767, "fair_value": 41.190841, "relative_strength": 6.285682, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.095881, "energy": 21.890054, "activity_lines": [ 40.553333, 40.742364, 39.750572, 38.404078 ] }, { "date": "2025-11-28", "close": 37.419998, "volume": 4380273, "typical_volume": 10818747.4, "trend": 36.651421, "fair_value": 40.872826, "relative_strength": 6.208192, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.742367, "energy": 13.148282, "activity_lines": [ 39.208666, 40.236, 39.632, 38.471642 ] }, { "date": "2025-12-05", "close": 37.66, "volume": 3627205, "typical_volume": 10545206.25, "trend": 36.879928, "fair_value": 40.578276, "relative_strength": 6.104152, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.106747, "energy": 20.317538, "activity_lines": [ 38.307999, 39.746182, 39.51481, 38.536711 ] }, { "date": "2025-12-12", "close": 38.700001, "volume": 4799635, "typical_volume": 10408463.75, "trend": 37.116671, "fair_value": 40.26535, "relative_strength": 8.947827, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.889438, "energy": 18.351413, "activity_lines": [ 38.01, 39.451636, 39.483191, 38.654135 ] }, { "date": "2025-12-19", "close": 38.189999, "volume": 4778944, "typical_volume": 9692874.8, "trend": 37.325511, "fair_value": 39.967785, "relative_strength": 7.008966, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.709041, "energy": 14.122917, "activity_lines": [ 38.024666, 39.104363, 39.383714, 38.723382 ] }, { "date": "2025-12-26", "close": 40.830002, "volume": 10431631, "typical_volume": 9362603.65, "trend": 37.659685, "fair_value": 39.701251, "relative_strength": 11.605081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.34597, "energy": 10.771198, "activity_lines": [ 39.05, 39.237273, 39.527191, 38.949479 ] }, { "date": "2026-01-02", "close": 40.009998, "volume": 5312767, "typical_volume": 8854193.7, "trend": 37.950667, "fair_value": 39.447723, "relative_strength": 8.594852, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.276525, "energy": 14.890974, "activity_lines": [ 39.533333, 39.237818, 39.590429, 39.101112 ] }, { "date": "2026-01-09", "close": 41.73, "volume": 8001922, "typical_volume": 8479705.6, "trend": 38.196564, "fair_value": 39.230691, "relative_strength": 8.394417, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.650609, "energy": 25.017943, "activity_lines": [ 40.417333, 39.603273, 39.81, 39.34494 ] }, { "date": "2026-01-16", "close": 41.68, "volume": 12253724, "typical_volume": 8433101.55, "trend": 38.492334, "fair_value": 38.97382, "relative_strength": 8.120756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.129019, "energy": 34.004527, "activity_lines": [ 41.013333, 39.955454, 40.016381, 39.569678 ] }, { "date": "2026-01-23", "close": 44.66, "volume": 13614281, "typical_volume": 8583905.15, "trend": 38.880334, "fair_value": 38.746619, "relative_strength": 14.078411, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.902519, "energy": 61.652666, "activity_lines": [ 42.404, 40.926909, 40.493238, 39.967591 ] }, { "date": "2026-01-30", "close": 46.689999, "volume": 32244098, "typical_volume": 9765125.45, "trend": 39.362334, "fair_value": 38.556678, "relative_strength": 18.828813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.012414, "energy": 68.623811, "activity_lines": [ 44.04, 42.185454, 41.127286, 40.471441 ] }, { "date": "2026-02-06", "close": 42.810001, "volume": 18011481, "typical_volume": 10310252.3, "trend": 39.692334, "fair_value": 38.318045, "relative_strength": 9.681657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.854234, "energy": 59.849361, "activity_lines": [ 43.992, 42.558727, 41.349095, 40.693871 ] }, { "date": "2026-02-13", "close": 41.68, "volume": 9545589, "typical_volume": 10323128.8, "trend": 39.920667, "fair_value": 38.073879, "relative_strength": 5.733115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.112786, "energy": 49.925543, "activity_lines": [ 43.380667, 42.628545, 41.430524, 40.822108 ] }, { "date": "2026-02-27", "close": 45.259998, "volume": 10664231, "typical_volume": 10534797.75, "trend": 40.274333, "fair_value": 37.85657, "relative_strength": 11.929858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.177726, "energy": 42.977633, "activity_lines": [ 43.965999, 43.276181, 41.835381, 41.166581 ] }, { "date": "2026-03-06", "close": 46.049999, "volume": 14224199, "typical_volume": 10916574.1, "trend": 40.595667, "fair_value": 37.668635, "relative_strength": 14.17789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.577857, "energy": 37.719284, "activity_lines": [ 44.575999, 43.948181, 42.294714, 41.539204 ] }, { "date": "2026-03-13", "close": 45.27, "volume": 10396913, "typical_volume": 10766691.05, "trend": 40.758667, "fair_value": 37.47063, "relative_strength": 12.406043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.640208, "energy": 36.288778, "activity_lines": [ 44.833333, 44.335454, 42.642381, 41.840774 ] }, { "date": "2026-03-20", "close": 40.509998, "volume": 7547753, "typical_volume": 10644422.65, "trend": 40.827667, "fair_value": 37.223667, "relative_strength": 3.635478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.265041, "energy": 21.162362, "activity_lines": [ 43.598666, 43.776545, 42.519952, 41.824731 ] }, { "date": "2026-03-27", "close": 37.889999, "volume": 8062533, "typical_volume": 10520080.35, "trend": 40.758667, "fair_value": 36.951663, "relative_strength": -2.322108, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.480219, "energy": 9.249016, "activity_lines": [ 41.643999, 42.732181, 42.159285, 41.635204 ] }, { "date": "2026-04-03", "close": 36.75, "volume": 4695677, "typical_volume": 10128404.65, "trend": 40.687667, "fair_value": 36.686461, "relative_strength": -4.711378, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.81744, "energy": 27.145188, "activity_lines": [ 39.561999, 41.550363, 41.707238, 41.37658 ] }, { "date": "2026-04-10", "close": 38.155178, "volume": 5083167, "typical_volume": 9673297.1, "trend": 40.723839, "fair_value": 36.447918, "relative_strength": -3.975943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.139914, "energy": 30.910403, "activity_lines": [ 38.515726, 40.713668, 41.432778, 41.213194 ] }, { "date": "2026-04-17", "close": 38.719929, "volume": 6196256, "typical_volume": 9693613.95, "trend": 40.75717, "fair_value": 36.235593, "relative_strength": -4.334379, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.122807, "energy": 41.668204, "activity_lines": [ 38.184024, 40.097925, 41.221604, 41.083909 ] }, { "date": "2026-04-24", "close": 40.830299, "volume": 12726035, "typical_volume": 10110902.05, "trend": 40.920513, "fair_value": 36.040706, "relative_strength": -0.049881, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.120662, "energy": 31.763679, "activity_lines": [ 38.99245, 40.010795, 41.202275, 41.088627 ] }, { "date": "2026-05-01", "close": 40.374538, "volume": 9923166, "typical_volume": 10425700.1, "trend": 40.999665, "fair_value": 35.841493, "relative_strength": -2.185643, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.750257, "energy": 11.892571, "activity_lines": [ 39.627602, 39.876795, 41.123301, 41.053403 ] }, { "date": "2026-05-08", "close": 42.306572, "volume": 7806670, "typical_volume": 10576051.85, "trend": 41.04655, "fair_value": 35.683615, "relative_strength": 0.590103, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.832899, "energy": 10.309467, "activity_lines": [ 40.74113, 40.117809, 41.215403, 41.13772 ] }, { "date": "2026-05-15", "close": 42.514637, "volume": 12273122, "typical_volume": 10950760.75, "trend": 41.190372, "fair_value": 35.565245, "relative_strength": 1.966921, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.552809, "energy": 19.547588, "activity_lines": [ 41.553574, 40.450352, 41.310147, 41.232435 ] }, { "date": "2026-05-22", "close": 42.058876, "volume": 12327547, "typical_volume": 11045556.55, "trend": 41.200667, "fair_value": 35.451894, "relative_strength": 1.262634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.556198, "energy": 18.783292, "activity_lines": [ 41.923468, 40.764309, 41.340892, 41.288468 ] }, { "date": "2026-05-29", "close": 35.569229, "volume": 13909843, "typical_volume": 11475410.35, "trend": 40.956975, "fair_value": 35.308486, "relative_strength": -13.298256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.102417, "energy": 24.301718, "activity_lines": [ 39.907549, 39.956714, 40.747723, 40.925149 ] }, { "date": "2026-06-05", "close": 34.172218, "volume": 1604780, "typical_volume": 11155553.25, "trend": 40.712716, "fair_value": 35.153354, "relative_strength": -15.743684, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.42906, "energy": 59.833262, "activity_lines": [ 37.776699, 38.984949, 40.042652, 40.487423 ] }, { "date": "2026-06-12", "close": 33.5, "volume": 1836807, "typical_volume": 10634707.4, "trend": 40.298049, "fair_value": 34.9734, "relative_strength": -17.331618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.444682, "energy": 75.788158, "activity_lines": [ 35.835263, 37.958558, 39.30955, 40.022086 ] }, { "date": "2026-06-19", "close": 34.990002, "volume": 6145190, "typical_volume": 10261252.85, "trend": 40.126049, "fair_value": 34.809053, "relative_strength": -14.635106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.37923, "energy": 77.381766, "activity_lines": [ 34.9776, 37.262168, 38.757305, 39.679632 ] }, { "date": "2026-06-26", "close": 31.629999, "volume": 3117086, "typical_volume": 8804902.25, "trend": 39.953716, "fair_value": 34.650353, "relative_strength": -21.33278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.955493, "energy": 86.657237, "activity_lines": [ 33.501578, 36.012417, 37.931107, 39.131499 ] }, { "date": "2026-07-03", "close": 33.470001, "volume": 1670007, "typical_volume": 7987828.55, "trend": 39.822049, "fair_value": 34.463904, "relative_strength": -16.874966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.428362, "energy": 78.71986, "activity_lines": [ 33.334148, 35.226119, 37.351862, 38.713195 ] }, { "date": "2026-07-10", "close": 30.75, "volume": 7225936, "typical_volume": 7871845.9, "trend": 39.591716, "fair_value": 34.26867, "relative_strength": -22.485284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.047028, "energy": 78.866009, "activity_lines": [ 32.4, 34.0791, 36.558046, 38.127902 ] }, { "date": "2026-07-17", "close": 29.049999, "volume": 6662507, "typical_volume": 7671759.7, "trend": 39.270049, "fair_value": 34.060746, "relative_strength": -22.00658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.3128, "energy": 80.197926, "activity_lines": [ 31.127333, 32.797981, 35.654372, 37.447791 ] }, { "date": "2026-07-24", "close": 27.860001, "volume": 6502053, "typical_volume": 7285652.4, "trend": 38.925716, "fair_value": 33.842476, "relative_strength": -25.815201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.976223, "energy": 85.454187, "activity_lines": [ 29.754667, 31.541527, 34.714555, 36.711659 ] }, { "date": "2026-07-31", "close": 29.459999, "volume": 7103496, "typical_volume": 7120981.55, "trend": 38.546716, "fair_value": 33.648364, "relative_strength": -21.625328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.693234, "energy": 80.710101, "activity_lines": [ 29.390666, 30.84243, 34.013739, 36.100967 ] }, { "date": "2026-08-07", "close": 31.110001, "volume": 9366523, "typical_volume": 7211920.05, "trend": 38.250049, "fair_value": 33.468845, "relative_strength": -19.129903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.236566, "energy": 66.30377, "activity_lines": [ 29.721333, 30.672404, 33.545351, 35.621179 ] } ], "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." } } }