{ "ticker": { "uuid": "eb773456-cfe0-4546-a001-e823d2a05e9e", "symbol": "002995", "name": "Beijing Quanshi World Online Network Information 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -62.787, "architecture_energy": 54.241, "architecture_maturity": 28.049, "architecture_confidence": 87.582, "architecture_tenure": "New", "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": 13.09, "rotation_up": 18.07, "upward_expansion": 8.53, "deceleration": 53.94, "rotation_down": 62.1, "downward_expansion": 81.86 }, "activity_lines": [ 16.738001, 17.244182, 19.055, 20.470108 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 18.040001, "trend_reference": 22.095333, "distance_from_trend": -0.183538, "trend_direction": "Improving", "fair_value": 19.709231, "distance_from_fair_value": -0.084693, "fair_value_direction": "Weakening", "relative_strength": -13.81219, "relative_strength_direction": "Weakening", "price_momentum": -0.477253, "excess_performance": -0.484653, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.183538, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.013516, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.084693, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.233084, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138122, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.085886, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.477253, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.788905, "read": "Supply-led" } ], "volume": { "latest": 84036640, "relative_activity": 1.680301, "balance": 0.788905, "dry_up": 1.200806, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.132313, "annualized_volatility": 0.681131, "from_high_reference": -0.532158, "from_low_reference": 0.316788 }, "levels": { "trend_reference": 22.095333, "fair_value_reference": 19.709231, "structural_low": 13.7, "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": 19, "median_return": 0.016163, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.003763, "regime_survival": 0.736842, "best_return": 0.890022, "worst_return": -0.357526, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.094757, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.021384, "regime_survival": 0.428571, "best_return": 0.52099, "worst_return": -0.333592, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.10436, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.05469, "regime_survival": 0.2, "best_return": 0.376527, "worst_return": -0.427573, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.332203, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.239926, "regime_survival": 0.0, "best_return": 0.604364, "worst_return": -0.212039, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-24", "tenure": "Established", "return": -0.07, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-04-04", "tenure": "Developing", "return": -0.050916, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.011357, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-06-20", "tenure": "Developing", "return": 0.022599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": 0.039728, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": -0.055916, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.040872, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-11-07", "tenure": "Developing", "return": -0.02349, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-01-16", "tenure": "Developing", "return": 0.031933, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": 0.51227, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.360772, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-06-26", "tenure": "Established", "return": -0.322605, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.058889, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.175244, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 25.77, "volume": 50871707, "typical_volume": 80218895.3, "trend": 24.023923, "fair_value": 17.317033, "relative_strength": 30.481211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.611383, "energy": 24.054786, "activity_lines": [ 29.335334, 31.921491, 28.949775, 26.678038 ] }, { "date": "2023-08-04", "close": 25.690001, "volume": 36911586, "typical_volume": 79625410.1, "trend": 24.246875, "fair_value": 17.371402, "relative_strength": 26.697444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.148803, "energy": 23.168275, "activity_lines": [ 27.718001, 30.737196, 28.902811, 26.785526 ] }, { "date": "2023-08-11", "close": 29.33, "volume": 130802987, "typical_volume": 80232981.4, "trend": 24.56743, "fair_value": 17.448555, "relative_strength": 47.700662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.016634, "energy": 23.172427, "activity_lines": [ 27.81, 30.15291, 29.168495, 27.11347 ] }, { "date": "2023-08-18", "close": 25.08, "volume": 122163171, "typical_volume": 79893635.45, "trend": 24.745131, "fair_value": 17.497474, "relative_strength": 28.686548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.728427, "energy": 15.002321, "activity_lines": [ 26.676667, 28.812364, 28.994437, 27.146539 ] }, { "date": "2023-08-25", "close": 23.299999, "volume": 66271830, "typical_volume": 79884663.7, "trend": 24.924487, "fair_value": 17.512849, "relative_strength": 21.983339, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.464071, "energy": 18.259308, "activity_lines": [ 25.464, 27.331273, 28.641607, 27.053305 ] }, { "date": "2023-09-01", "close": 25.620001, "volume": 83688380, "typical_volume": 80961364.8, "trend": 25.048046, "fair_value": 17.461264, "relative_strength": 28.062531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.510372, "energy": 15.19951, "activity_lines": [ 25.392667, 26.654909, 28.50116, 27.098177 ] }, { "date": "2023-09-08", "close": 23.110001, "volume": 47871920, "typical_volume": 80345484.05, "trend": 25.137773, "fair_value": 17.436244, "relative_strength": 16.144662, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.231012, "energy": 36.121222, "activity_lines": [ 24.494667, 25.734364, 28.093063, 26.973141 ] }, { "date": "2023-09-15", "close": 26.07, "volume": 80512594, "typical_volume": 81174125.4, "trend": 25.394275, "fair_value": 17.447537, "relative_strength": 30.906348, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.699669, "energy": 35.696138, "activity_lines": [ 24.755334, 25.534182, 27.938594, 27.033285 ] }, { "date": "2023-09-22", "close": 27.780001, "volume": 139593227, "typical_volume": 87165697.35, "trend": 25.6475, "fair_value": 17.478494, "relative_strength": 36.701642, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 13.835922, "energy": 13.339736, "activity_lines": [ 25.803334, 25.756364, 27.911933, 27.187203 ] }, { "date": "2023-09-29", "close": 25.73, "volume": 61841946, "typical_volume": 86668603.15, "trend": 25.834053, "fair_value": 17.511559, "relative_strength": 25.575891, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.039568, "energy": 7.911484, "activity_lines": [ 25.988, 25.696909, 27.642704, 27.192525 ] }, { "date": "2023-10-13", "close": 25.370001, "volume": 65395787, "typical_volume": 83216852.0, "trend": 26.024743, "fair_value": 17.535681, "relative_strength": 22.532158, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.880587, "energy": 6.577879, "activity_lines": [ 25.890667, 25.628182, 27.314439, 27.162587 ] }, { "date": "2023-10-20", "close": 21.82, "volume": 47554474, "typical_volume": 82700146.55, "trend": 26.133883, "fair_value": 17.54425, "relative_strength": 9.4938, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -42.240506, "energy": 25.710784, "activity_lines": [ 24.626667, 24.921273, 26.634837, 26.891313 ] }, { "date": "2023-10-27", "close": 21.290001, "volume": 41379174, "typical_volume": 79002049.05, "trend": 26.110735, "fair_value": 17.551762, "relative_strength": 3.470232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -44.975744, "energy": 55.314961, "activity_lines": [ 23.272001, 24.188364, 25.907, 26.578804 ] }, { "date": "2023-11-03", "close": 22.34, "volume": 41690661, "typical_volume": 74735452.0, "trend": 26.084143, "fair_value": 17.56137, "relative_strength": 6.489549, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.155171, "energy": 59.478011, "activity_lines": [ 22.586, 23.792546, 25.321762, 26.335531 ] }, { "date": "2023-11-10", "close": 26.66, "volume": 136631035, "typical_volume": 75268272.0, "trend": 26.256133, "fair_value": 17.595533, "relative_strength": 23.826675, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.538956, "energy": 39.679678, "activity_lines": [ 23.702667, 24.232, 25.208953, 26.372683 ] }, { "date": "2023-11-17", "close": 25.75, "volume": 76721883, "typical_volume": 75751291.7, "trend": 26.460676, "fair_value": 17.624204, "relative_strength": 18.497015, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.578407, "energy": 25.677223, "activity_lines": [ 24.454, 24.444909, 25.093762, 26.340029 ] }, { "date": "2023-11-24", "close": 24.34, "volume": 111870505, "typical_volume": 77693578.6, "trend": 26.699617, "fair_value": 17.638406, "relative_strength": 13.428239, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.624105, "energy": 18.559773, "activity_lines": [ 24.71, 24.399091, 24.899238, 26.203212 ] }, { "date": "2023-12-01", "close": 24.620001, "volume": 51136410, "typical_volume": 76477697.8, "trend": 26.896632, "fair_value": 17.65247, "relative_strength": 15.888772, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.700144, "energy": 20.9906, "activity_lines": [ 24.891334, 24.381819, 24.773238, 26.069043 ] }, { "date": "2023-12-08", "close": 25.52, "volume": 83245875, "typical_volume": 76658444.8, "trend": 27.152599, "fair_value": 17.677054, "relative_strength": 21.127129, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.316851, "energy": 17.231098, "activity_lines": [ 25.150667, 24.554546, 24.769048, 25.980228 ] }, { "date": "2023-12-15", "close": 25.969999, "volume": 52943113, "typical_volume": 76454913.25, "trend": 27.333862, "fair_value": 17.706226, "relative_strength": 24.267762, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.049563, "energy": 10.778941, "activity_lines": [ 25.348, 24.850182, 24.842334, 25.903931 ] }, { "date": "2023-12-22", "close": 23.700001, "volume": 109158521, "typical_volume": 79369253.95, "trend": 27.370876, "fair_value": 17.725506, "relative_strength": 14.3342, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.081549, "energy": 14.00715, "activity_lines": [ 24.834667, 24.728727, 24.713, 25.669488 ] }, { "date": "2023-12-29", "close": 22.75, "volume": 45035298, "typical_volume": 79775439.55, "trend": 27.386191, "fair_value": 17.734764, "relative_strength": 5.426259, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.346894, "energy": 27.196166, "activity_lines": [ 24.141333, 24.464909, 24.503048, 25.371367 ] }, { "date": "2024-01-05", "close": 21.440001, "volume": 24072643, "typical_volume": 74438922.35, "trend": 27.093, "fair_value": 17.740579, "relative_strength": 3.433826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.766899, "energy": 44.669909, "activity_lines": [ 23.117334, 23.946, 24.182334, 24.987742 ] }, { "date": "2024-01-12", "close": 20.530001, "volume": 23168549, "typical_volume": 69489191.25, "trend": 26.605667, "fair_value": 17.752491, "relative_strength": -0.103951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.488644, "energy": 64.97819, "activity_lines": [ 22.002001, 23.25891, 23.812524, 24.564323 ] }, { "date": "2024-01-19", "close": 19.5, "volume": 21541693, "typical_volume": 67252684.4, "trend": 25.777, "fair_value": 17.765686, "relative_strength": -3.251398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.133608, "energy": 74.776244, "activity_lines": [ 20.876001, 22.417455, 23.366286, 24.105893 ] }, { "date": "2024-01-26", "close": 19.66, "volume": 30092634, "typical_volume": 64572897.1, "trend": 25.189334, "fair_value": 17.77852, "relative_strength": -2.624823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.824065, "energy": 74.51912, "activity_lines": [ 20.234667, 21.735273, 22.953381, 23.711248 ] }, { "date": "2024-02-02", "close": 15.71, "volume": 26500815, "typical_volume": 63504341.85, "trend": 24.608667, "fair_value": 17.775601, "relative_strength": -15.684129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.80801, "energy": 83.682988, "activity_lines": [ 18.546, 20.445637, 22.192667, 23.099678 ] }, { "date": "2024-02-09", "close": 13.19, "volume": 36984707, "typical_volume": 61327947.5, "trend": 23.975, "fair_value": 17.757915, "relative_strength": -35.173431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.865695, "energy": 93.394623, "activity_lines": [ 16.486667, 18.854727, 21.227191, 22.36299 ] }, { "date": "2024-02-23", "close": 17.16, "volume": 60740770, "typical_volume": 57385324.65, "trend": 23.454, "fair_value": 17.764654, "relative_strength": -18.103259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.629621, "energy": 81.061305, "activity_lines": [ 16.300667, 18.193455, 20.701143, 21.923312 ] }, { "date": "2024-03-01", "close": 17.91, "volume": 68912532, "typical_volume": 57738853.95, "trend": 23.090334, "fair_value": 17.772429, "relative_strength": -18.058662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.809327, "energy": 75.29294, "activity_lines": [ 16.589333, 17.820546, 20.297095, 21.565635 ] }, { "date": "2024-03-08", "close": 18.59, "volume": 60577837, "typical_volume": 57497956.45, "trend": 22.851, "fair_value": 17.79313, "relative_strength": -14.544016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.730133, "energy": 50.903954, "activity_lines": [ 17.210667, 17.717818, 19.995048, 21.275291 ] }, { "date": "2024-03-15", "close": 18.620001, "volume": 72637143, "typical_volume": 58752089.9, "trend": 22.615334, "fair_value": 17.812728, "relative_strength": -16.740365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.344127, "energy": 32.347836, "activity_lines": [ 17.913334, 17.713455, 19.728143, 21.002323 ] }, { "date": "2024-03-22", "close": 19.98, "volume": 52424029, "typical_volume": 59304332.65, "trend": 22.303667, "fair_value": 17.83409, "relative_strength": -10.493239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.372264, "energy": 22.381658, "activity_lines": [ 18.875334, 18.031455, 19.606, 20.832301 ] }, { "date": "2024-03-29", "close": 18.99, "volume": 62013355, "typical_volume": 60320467.35, "trend": 22.100667, "fair_value": 17.852947, "relative_strength": -13.704851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.800239, "energy": 22.553005, "activity_lines": [ 19.054667, 18.196, 19.39581, 20.618516 ] }, { "date": "2024-04-05", "close": 17.219999, "volume": 31087753, "typical_volume": 55043303.25, "trend": 21.898, "fair_value": 17.856548, "relative_strength": -22.873899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.091065, "energy": 23.424395, "activity_lines": [ 18.522, 18.066727, 19.033, 20.303635 ] }, { "date": "2024-04-12", "close": 16.68, "volume": 22080094, "typical_volume": 52311213.8, "trend": 21.6, "fair_value": 17.865165, "relative_strength": -22.624564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.965398, "energy": 33.460123, "activity_lines": [ 17.855333, 17.880727, 18.663714, 19.966989 ] }, { "date": "2024-04-19", "close": 14.35, "volume": 35737767, "typical_volume": 48504576.9, "trend": 21.308, "fair_value": 17.84971, "relative_strength": -33.663925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.430887, "energy": 49.417168, "activity_lines": [ 16.539333, 17.325273, 18.115714, 19.499247 ] }, { "date": "2024-04-26", "close": 15.17, "volume": 20683178, "typical_volume": 46981915.3, "trend": 20.944667, "fair_value": 17.839512, "relative_strength": -31.206436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.781064, "energy": 60.1575, "activity_lines": [ 15.781333, 16.943636, 17.693381, 19.103247 ] }, { "date": "2024-05-03", "close": 15.57, "volume": 9303707, "typical_volume": 43284806.9, "trend": 20.537667, "fair_value": 17.821288, "relative_strength": -30.371403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.165977, "energy": 62.951888, "activity_lines": [ 15.477333, 16.598727, 17.354143, 18.756495 ] }, { "date": "2024-05-10", "close": 15.37, "volume": 21877591, "typical_volume": 41731530.8, "trend": 20.192334, "fair_value": 17.802782, "relative_strength": -32.244305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.782642, "energy": 65.812617, "activity_lines": [ 15.334667, 16.246364, 17.043238, 18.423097 ] }, { "date": "2024-05-17", "close": 15.41, "volume": 18292044, "typical_volume": 37188206.95, "trend": 19.860333, "fair_value": 17.78251, "relative_strength": -31.910502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.545213, "energy": 57.186256, "activity_lines": [ 15.328667, 15.947454, 16.786619, 18.114559 ] }, { "date": "2024-05-24", "close": 14.74, "volume": 14861359, "typical_volume": 35679510.0, "trend": 19.624333, "fair_value": 17.766578, "relative_strength": -32.735139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.087889, "energy": 55.682585, "activity_lines": [ 15.184, 15.584545, 16.505667, 17.784215 ] }, { "date": "2024-05-31", "close": 14.75, "volume": 11666954, "typical_volume": 35059225.55, "trend": 19.406333, "fair_value": 17.758982, "relative_strength": -31.997188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.52643, "energy": 54.878091, "activity_lines": [ 15.016667, 15.294, 16.26381, 17.469742 ] }, { "date": "2024-06-07", "close": 13.1, "volume": 19492433, "typical_volume": 34875419.75, "trend": 19.098333, "fair_value": 17.740968, "relative_strength": -38.574791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.34407, "energy": 66.204725, "activity_lines": [ 14.327333, 14.798545, 15.896667, 17.062882 ] }, { "date": "2024-06-14", "close": 13.95, "volume": 11616682, "typical_volume": 34379169.2, "trend": 18.674667, "fair_value": 17.726949, "relative_strength": -33.87986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.153078, "energy": 63.557532, "activity_lines": [ 14.086, 14.564727, 15.645857, 16.730731 ] }, { "date": "2024-06-21", "close": 13.02, "volume": 9962096, "typical_volume": 33372642.3, "trend": 18.250333, "fair_value": 17.707355, "relative_strength": -36.030069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.729757, "energy": 69.366981, "activity_lines": [ 13.629333, 14.221273, 15.332905, 16.365914 ] }, { "date": "2024-06-28", "close": 13.2, "volume": 20862845, "typical_volume": 33090743.8, "trend": 17.879, "fair_value": 17.686846, "relative_strength": -32.148418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.776386, "energy": 68.176131, "activity_lines": [ 13.392, 13.977091, 15.068714, 16.040086 ] }, { "date": "2024-07-05", "close": 14.23, "volume": 34645362, "typical_volume": 32973776.55, "trend": 17.532667, "fair_value": 17.672279, "relative_strength": -24.418244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.525566, "energy": 50.504369, "activity_lines": [ 13.600667, 13.941091, 14.914571, 15.804667 ] }, { "date": "2024-07-12", "close": 14.11, "volume": 58534193, "typical_volume": 32863447.7, "trend": 17.152333, "fair_value": 17.657715, "relative_strength": -25.463399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.944114, "energy": 44.140994, "activity_lines": [ 13.804, 13.900364, 14.744048, 15.583849 ] }, { "date": "2024-07-19", "close": 15.06, "volume": 76406446, "typical_volume": 33238143.4, "trend": 16.788667, "fair_value": 17.654, "relative_strength": -19.973098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.386311, "energy": 29.796522, "activity_lines": [ 14.256667, 14.058909, 14.678524, 15.44886 ] }, { "date": "2024-07-26", "close": 14.85, "volume": 54670341, "typical_volume": 32942768.6, "trend": 16.493667, "fair_value": 17.646526, "relative_strength": -17.353393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.772233, "energy": 20.28656, "activity_lines": [ 14.565333, 14.184909, 14.606571, 15.323785 ] }, { "date": "2024-08-02", "close": 14.46, "volume": 32740221, "typical_volume": 30947922.5, "trend": 16.217333, "fair_value": 17.641826, "relative_strength": -18.38092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.388513, "energy": 18.469158, "activity_lines": [ 14.622, 14.250182, 14.515286, 15.192581 ] }, { "date": "2024-08-09", "close": 13.44, "volume": 25532187, "typical_volume": 29603330.4, "trend": 15.950667, "fair_value": 17.632678, "relative_strength": -22.173059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.009733, "energy": 22.220941, "activity_lines": [ 14.254667, 14.135091, 14.346667, 15.013398 ] }, { "date": "2024-08-16", "close": 14.28, "volume": 19826392, "typical_volume": 27493982.25, "trend": 15.742333, "fair_value": 17.631872, "relative_strength": -16.425023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.601143, "energy": 20.095949, "activity_lines": [ 14.22, 14.196545, 14.28919, 14.905613 ] }, { "date": "2024-08-23", "close": 13.34, "volume": 16761020, "typical_volume": 26777645.6, "trend": 15.537, "fair_value": 17.626198, "relative_strength": -19.50451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.837874, "energy": 32.919274, "activity_lines": [ 13.860667, 14.065636, 14.164619, 14.750624 ] }, { "date": "2024-08-30", "close": 13.62, "volume": 12478688, "typical_volume": 26297575.3, "trend": 15.335667, "fair_value": 17.619135, "relative_strength": -18.864074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.410335, "energy": 32.755707, "activity_lines": [ 13.709333, 13.996727, 14.08519, 14.626946 ] }, { "date": "2024-09-06", "close": 13.36, "volume": 11607420, "typical_volume": 25091057.95, "trend": 15.257333, "fair_value": 17.618541, "relative_strength": -17.765282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.165611, "energy": 37.520904, "activity_lines": [ 13.553333, 13.869636, 13.995571, 14.499484 ] }, { "date": "2024-09-13", "close": 13.16, "volume": 9415775, "typical_volume": 24527687.8, "trend": 15.256333, "fair_value": 17.616054, "relative_strength": -16.86242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.259683, "energy": 47.819676, "activity_lines": [ 13.404, 13.703273, 13.891619, 14.364172 ] }, { "date": "2024-09-20", "close": 13.34, "volume": 6448215, "typical_volume": 24384913.2, "trend": 15.129, "fair_value": 17.619833, "relative_strength": -16.196982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.006254, "energy": 39.071533, "activity_lines": [ 13.333333, 13.589091, 13.814381, 14.240538 ] }, { "date": "2024-09-27", "close": 14.76, "volume": 22503611, "typical_volume": 24416214.2, "trend": 15.024, "fair_value": 17.632297, "relative_strength": -20.516875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.295276, "energy": 16.844967, "activity_lines": [ 13.798667, 13.747091, 13.883, 14.216731 ] }, { "date": "2024-10-04", "close": 16.15, "volume": 10988532, "typical_volume": 24051038.6, "trend": 14.942667, "fair_value": 17.650873, "relative_strength": -20.477286, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.478147, "energy": 13.461017, "activity_lines": [ 14.632667, 14.163273, 14.086905, 14.289376 ] }, { "date": "2024-10-11", "close": 14.64, "volume": 35140347, "typical_volume": 25064988.0, "trend": 14.81, "fair_value": 17.659642, "relative_strength": -23.722936, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.180195, "energy": 17.272063, "activity_lines": [ 14.794667, 14.281273, 14.143476, 14.269849 ] }, { "date": "2024-10-18", "close": 16.65, "volume": 68200976, "typical_volume": 27891689.1, "trend": 14.699, "fair_value": 17.683095, "relative_strength": -14.955355, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.535379, "energy": 42.288576, "activity_lines": [ 15.541333, 14.761455, 14.391952, 14.388559 ] }, { "date": "2024-10-25", "close": 21.0, "volume": 115959131, "typical_volume": 32715024.0, "trend": 14.766, "fair_value": 17.73662, "relative_strength": 4.938516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.475503, "energy": 88.748355, "activity_lines": [ 17.505333, 15.974182, 15.045667, 14.795075 ] }, { "date": "2024-11-01", "close": 20.299999, "volume": 53279969, "typical_volume": 34798188.35, "trend": 14.868667, "fair_value": 17.789677, "relative_strength": 3.285306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.848242, "energy": 89.690369, "activity_lines": [ 18.725333, 16.937454, 15.595095, 15.152107 ] }, { "date": "2024-11-08", "close": 18.969999, "volume": 68629475, "typical_volume": 37731557.3, "trend": 14.945, "fair_value": 17.832343, "relative_strength": -9.060352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.521991, "energy": 82.382689, "activity_lines": [ 19.132666, 17.532363, 15.987619, 15.41671 ] }, { "date": "2024-11-15", "close": 23.950001, "volume": 129463065, "typical_volume": 43161568.3, "trend": 15.265, "fair_value": 17.907607, "relative_strength": 19.768331, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.121471, "energy": 93.532476, "activity_lines": [ 21.012, 18.935454, 16.826095, 15.997677 ] }, { "date": "2024-11-22", "close": 20.290001, "volume": 120162558, "typical_volume": 47437428.1, "trend": 15.435667, "fair_value": 17.960182, "relative_strength": 5.173208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.703776, "energy": 67.829147, "activity_lines": [ 21.050667, 19.480546, 17.26481, 16.321871 ] }, { "date": "2024-11-29", "close": 26.83, "volume": 160975867, "typical_volume": 52559511.8, "trend": 15.811, "fair_value": 18.05677, "relative_strength": 36.728278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.546782, "energy": 68.893826, "activity_lines": [ 23.026667, 21.085091, 18.297524, 17.056989 ] }, { "date": "2024-12-06", "close": 24.26, "volume": 164542000, "typical_volume": 56966289.5, "trend": 16.107333, "fair_value": 18.128298, "relative_strength": 21.934475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.016492, "energy": 60.464175, "activity_lines": [ 23.757334, 21.977091, 19.024905, 17.602086 ] }, { "date": "2024-12-13", "close": 24.959999, "volume": 115315307, "typical_volume": 59998537.8, "trend": 16.425667, "fair_value": 18.202191, "relative_strength": 26.820797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.992309, "energy": 58.053196, "activity_lines": [ 24.457333, 22.823636, 19.775143, 18.173226 ] }, { "date": "2024-12-20", "close": 26.41, "volume": 133717478, "typical_volume": 65047400.65, "trend": 16.814667, "fair_value": 18.28345, "relative_strength": 35.431867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.876617, "energy": 59.072514, "activity_lines": [ 25.241333, 23.773636, 20.615333, 18.817376 ] }, { "date": "2024-12-27", "close": 22.0, "volume": 146243322, "typical_volume": 71082957.4, "trend": 17.056333, "fair_value": 18.324576, "relative_strength": 13.277971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.772101, "energy": 45.782767, "activity_lines": [ 24.391333, 23.707818, 20.978619, 19.151914 ] }, { "date": "2025-01-03", "close": 20.389999, "volume": 69252929, "typical_volume": 73554284.25, "trend": 17.299333, "fair_value": 18.366184, "relative_strength": 13.473722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.385195, "energy": 31.008241, "activity_lines": [ 22.890666, 23.252, 21.147809, 19.366989 ] }, { "date": "2025-01-10", "close": 18.129999, "volume": 67147464, "typical_volume": 76073606.45, "trend": 17.438667, "fair_value": 18.39025, "relative_strength": 2.482452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.32367, "energy": 17.892879, "activity_lines": [ 21.065999, 22.396363, 21.072666, 19.42058 ] }, { "date": "2025-01-17", "close": 19.92, "volume": 64473065, "typical_volume": 78673325.3, "trend": 17.668667, "fair_value": 18.408782, "relative_strength": 8.924929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.819654, "energy": 23.365393, "activity_lines": [ 20.246666, 21.905636, 21.14519, 19.580666 ] }, { "date": "2025-01-24", "close": 19.530001, "volume": 39612639, "typical_volume": 80073586.25, "trend": 17.879667, "fair_value": 18.427129, "relative_strength": 5.792607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.047247, "energy": 21.561766, "activity_lines": [ 19.633333, 21.326727, 21.150571, 19.700753 ] }, { "date": "2025-01-31", "close": 19.639999, "volume": 9490840, "typical_volume": 80077339.5, "trend": 18.06, "fair_value": 18.442419, "relative_strength": 8.179451, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.358774, "energy": 16.540012, "activity_lines": [ 19.515333, 20.848182, 21.137047, 19.814322 ] }, { "date": "2025-02-07", "close": 21.02, "volume": 40274809, "typical_volume": 81768669.2, "trend": 18.290333, "fair_value": 18.47006, "relative_strength": 11.138812, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.01307, "energy": 11.069413, "activity_lines": [ 20.014667, 20.632363, 21.224095, 20.00529 ] }, { "date": "2025-02-14", "close": 23.65, "volume": 109397865, "typical_volume": 86113381.9, "trend": 18.576667, "fair_value": 18.505042, "relative_strength": 22.101241, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.293746, "energy": 20.057819, "activity_lines": [ 21.348667, 21.000363, 21.525047, 20.351075 ] }, { "date": "2025-02-21", "close": 23.059999, "volume": 104210337, "typical_volume": 90774472.15, "trend": 18.850333, "fair_value": 18.548364, "relative_strength": 16.179511, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.132658, "energy": 26.486194, "activity_lines": [ 22.118, 21.272181, 21.727476, 20.640322 ] }, { "date": "2025-02-28", "close": 20.200001, "volume": 51241890, "typical_volume": 91579549.3, "trend": 19.041667, "fair_value": 18.588498, "relative_strength": 5.4102, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.406585, "energy": 21.366506, "activity_lines": [ 21.724667, 21.058545, 21.624619, 20.727398 ] }, { "date": "2025-03-07", "close": 20.98, "volume": 33082682, "typical_volume": 89823634.6, "trend": 19.293, "fair_value": 18.631508, "relative_strength": 7.189647, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.869755, "energy": 21.674253, "activity_lines": [ 21.546667, 21.099636, 21.569571, 20.852451 ] }, { "date": "2025-03-14", "close": 20.82, "volume": 36749861, "typical_volume": 85863171.1, "trend": 19.511, "fair_value": 18.674683, "relative_strength": 5.113705, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.371424, "energy": 12.332788, "activity_lines": [ 21.226, 21.130182, 21.478667, 20.950968 ] }, { "date": "2025-03-21", "close": 19.98, "volume": 19947907, "typical_volume": 84196568.0, "trend": 19.732333, "fair_value": 18.716429, "relative_strength": 3.859752, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.628007, "energy": 9.642125, "activity_lines": [ 20.638667, 21.000182, 21.308619, 20.981226 ] }, { "date": "2025-03-28", "close": 19.139999, "volume": 15269936, "typical_volume": 81528591.05, "trend": 19.916333, "fair_value": 18.753272, "relative_strength": 0.477167, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.64311, "energy": 19.072485, "activity_lines": [ 20.016, 20.683818, 21.060095, 20.943011 ] }, { "date": "2025-04-04", "close": 18.639999, "volume": 9778972, "typical_volume": 75544386.4, "trend": 20.092333, "fair_value": 18.791025, "relative_strength": 0.139392, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.948545, "energy": 44.989708, "activity_lines": [ 19.487999, 20.290727, 20.763143, 20.860666 ] }, { "date": "2025-04-11", "close": 16.73, "volume": 24243371, "typical_volume": 70748427.05, "trend": 20.211333, "fair_value": 18.816085, "relative_strength": -5.158134, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.416978, "energy": 61.039419, "activity_lines": [ 18.427333, 19.566545, 20.309571, 20.643742 ] }, { "date": "2025-04-18", "close": 17.049999, "volume": 18217125, "typical_volume": 63610489.95, "trend": 20.335, "fair_value": 18.842006, "relative_strength": -3.026869, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.542811, "energy": 65.909208, "activity_lines": [ 17.756666, 18.953454, 19.903428, 20.439785 ] }, { "date": "2025-04-25", "close": 16.92, "volume": 12648712, "typical_volume": 56015825.55, "trend": 20.407, "fair_value": 18.862367, "relative_strength": -5.184946, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.152537, "energy": 76.81559, "activity_lines": [ 17.294, 18.388909, 19.531476, 20.219462 ] }, { "date": "2025-05-02", "close": 17.700001, "volume": 11637202, "typical_volume": 50831920.3, "trend": 20.458666, "fair_value": 18.896314, "relative_strength": -0.815002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.690022, "energy": 71.459832, "activity_lines": [ 17.295333, 18.088545, 19.268762, 20.044817 ] }, { "date": "2025-05-09", "close": 17.959999, "volume": 15617852, "typical_volume": 44926939.0, "trend": 20.569333, "fair_value": 18.939097, "relative_strength": -1.817379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.209061, "energy": 57.039837, "activity_lines": [ 17.479333, 17.932909, 19.065381, 19.883613 ] }, { "date": "2025-05-16", "close": 17.780001, "volume": 28852158, "typical_volume": 39057380.8, "trend": 20.607, "fair_value": 18.981787, "relative_strength": -3.469175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.10795, "energy": 41.998007, "activity_lines": [ 17.648667, 17.785273, 18.885095, 19.703656 ] }, { "date": "2025-05-23", "close": 17.65, "volume": 17736758, "typical_volume": 36481572.25, "trend": 20.495333, "fair_value": 19.034673, "relative_strength": -3.910413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.679408, "energy": 34.605926, "activity_lines": [ 17.704667, 17.672182, 18.712524, 19.512882 ] }, { "date": "2025-05-30", "close": 18.440001, "volume": 33758732, "typical_volume": 34812135.65, "trend": 20.433333, "fair_value": 19.093073, "relative_strength": 1.027974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.401744, "energy": 28.997024, "activity_lines": [ 17.984, 17.760364, 18.628238, 19.38028 ] }, { "date": "2025-06-06", "close": 19.34, "volume": 39179230, "typical_volume": 33547443.9, "trend": 20.445667, "fair_value": 19.155024, "relative_strength": 3.9383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.002219, "energy": 19.72888, "activity_lines": [ 18.462, 18.040182, 18.62819, 19.309742 ] }, { "date": "2025-06-13", "close": 18.950001, "volume": 58350994, "typical_volume": 34484361.65, "trend": 20.279, "fair_value": 19.213477, "relative_strength": 2.070551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.281496, "energy": 20.18546, "activity_lines": [ 18.700667, 18.245455, 18.593762, 19.213247 ] }, { "date": "2025-06-20", "close": 18.1, "volume": 46907894, "typical_volume": 36355214.35, "trend": 20.206, "fair_value": 19.260502, "relative_strength": -1.75095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.263586, "energy": 20.23665, "activity_lines": [ 18.59, 18.290546, 18.481143, 19.072667 ] }, { "date": "2025-06-27", "close": 19.129999, "volume": 25441218, "typical_volume": 35613534.8, "trend": 19.949333, "fair_value": 19.311332, "relative_strength": -0.263262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.710479, "energy": 13.04025, "activity_lines": [ 18.801333, 18.498, 18.473952, 19.003247 ] }, { "date": "2025-07-04", "close": 18.41, "volume": 18843620, "typical_volume": 31085822.55, "trend": 19.754333, "fair_value": 19.360342, "relative_strength": -5.320054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.052827, "energy": 9.127712, "activity_lines": [ 18.674, 18.536727, 18.40719, 18.903935 ] }, { "date": "2025-07-11", "close": 19.35, "volume": 23389351, "typical_volume": 27044773.25, "trend": 19.567333, "fair_value": 19.40155, "relative_strength": -2.44719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.89456, "energy": 5.409757, "activity_lines": [ 18.862, 18.719273, 18.454905, 18.877849 ] }, { "date": "2025-07-18", "close": 20.280001, "volume": 83099169, "typical_volume": 28637637.2, "trend": 19.363, "fair_value": 19.455018, "relative_strength": 0.028711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.381077, "energy": 14.58033, "activity_lines": [ 19.359334, 19.040909, 18.608857, 18.923828 ] }, { "date": "2025-07-25", "close": 19.889999, "volume": 38246083, "typical_volume": 28895807.25, "trend": 19.292667, "fair_value": 19.508404, "relative_strength": -4.182005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.123652, "energy": 31.755215, "activity_lines": [ 19.638, 19.249455, 18.725286, 18.957828 ] }, { "date": "2025-08-01", "close": 20.030001, "volume": 38200391, "typical_volume": 28968333.75, "trend": 19.280667, "fair_value": 19.565608, "relative_strength": -2.088807, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.053323, "energy": 38.316609, "activity_lines": [ 19.844, 19.445091, 18.860238, 19.005398 ] }, { "date": "2025-08-08", "close": 19.42, "volume": 33502577, "typical_volume": 29646067.25, "trend": 19.323667, "fair_value": 19.620819, "relative_strength": -6.381382, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.741672, "energy": 31.788386, "activity_lines": [ 19.786667, 19.486546, 18.940857, 19.014387 ] }, { "date": "2025-08-15", "close": 19.540001, "volume": 34155224, "typical_volume": 30590331.65, "trend": 19.311, "fair_value": 19.668037, "relative_strength": -9.871002, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.220439, "energy": 19.332784, "activity_lines": [ 19.702, 19.532, 19.035572, 19.028344 ] }, { "date": "2025-08-22", "close": 20.190001, "volume": 34457899, "typical_volume": 31824278.0, "trend": 19.333, "fair_value": 19.718554, "relative_strength": -10.967212, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.28078, "energy": 21.197848, "activity_lines": [ 19.821334, 19.692, 19.190286, 19.085054 ] }, { "date": "2025-08-29", "close": 18.91, "volume": 38748729, "typical_volume": 32549545.9, "trend": 19.308667, "fair_value": 19.758767, "relative_strength": -19.976084, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.774786, "energy": 6.451774, "activity_lines": [ 19.520001, 19.596728, 19.215715, 19.057764 ] }, { "date": "2025-09-05", "close": 18.35, "volume": 20651668, "typical_volume": 32671273.05, "trend": 19.219667, "fair_value": 19.784437, "relative_strength": -21.544129, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.90628, "energy": 8.83268, "activity_lines": [ 19.097334, 19.384909, 19.177429, 18.995914 ] }, { "date": "2025-09-12", "close": 18.26, "volume": 17199237, "typical_volume": 32898799.3, "trend": 19.04, "fair_value": 19.816377, "relative_strength": -23.758037, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.227042, "energy": 14.871272, "activity_lines": [ 18.756667, 19.170909, 19.124381, 18.934 ] }, { "date": "2025-09-19", "close": 18.08, "volume": 32411066, "typical_volume": 33937492.5, "trend": 18.874, "fair_value": 19.852136, "relative_strength": -25.148278, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.038421, "energy": 26.931327, "activity_lines": [ 18.433333, 18.926909, 19.04781, 18.872065 ] }, { "date": "2025-09-26", "close": 17.6, "volume": 16416559, "typical_volume": 33977427.85, "trend": 18.787333, "fair_value": 19.881031, "relative_strength": -27.732936, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.100333, "energy": 41.556205, "activity_lines": [ 18.047333, 18.618727, 18.923714, 18.789871 ] }, { "date": "2025-10-03", "close": 17.879999, "volume": 6324820, "typical_volume": 32851060.95, "trend": 18.684, "fair_value": 19.919935, "relative_strength": -28.147754, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.120346, "energy": 42.406405, "activity_lines": [ 17.927333, 18.410182, 18.828, 18.731333 ] }, { "date": "2025-10-10", "close": 17.35, "volume": 6254540, "typical_volume": 32276950.05, "trend": 18.568333, "fair_value": 19.961101, "relative_strength": -29.269029, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.559472, "energy": 47.662449, "activity_lines": [ 17.699333, 18.141818, 18.681333, 18.645269 ] }, { "date": "2025-10-17", "close": 16.67, "volume": 11061552, "typical_volume": 31142091.05, "trend": 18.458, "fair_value": 19.999049, "relative_strength": -28.25101, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.412317, "energy": 61.635431, "activity_lines": [ 17.311333, 17.798545, 18.471333, 18.522796 ] }, { "date": "2025-10-24", "close": 17.639999, "volume": 11582118, "typical_volume": 29762235.45, "trend": 18.408, "fair_value": 20.047413, "relative_strength": -27.007022, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.514189, "energy": 47.143235, "activity_lines": [ 17.352666, 17.681636, 18.362143, 18.470022 ] }, { "date": "2025-10-31", "close": 17.52, "volume": 14299588, "typical_volume": 27559665.15, "trend": 18.370667, "fair_value": 20.091813, "relative_strength": -27.501514, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.948392, "energy": 44.503518, "activity_lines": [ 17.383333, 17.577454, 18.249619, 18.412731 ] }, { "date": "2025-11-07", "close": 17.459999, "volume": 16286263, "typical_volume": 26028583.6, "trend": 18.395, "fair_value": 20.129166, "relative_strength": -27.583087, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.138013, "energy": 45.057147, "activity_lines": [ 17.399333, 17.510909, 18.13819, 18.353978 ] }, { "date": "2025-11-14", "close": 17.85, "volume": 11613017, "typical_volume": 25337173.55, "trend": 18.421667, "fair_value": 20.164866, "relative_strength": -24.201103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.359201, "energy": 25.928394, "activity_lines": [ 17.573333, 17.541636, 18.066952, 18.318817 ] }, { "date": "2025-11-21", "close": 18.110001, "volume": 28211840, "typical_volume": 25805584.55, "trend": 18.461333, "fair_value": 20.169876, "relative_strength": -18.499516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.92615, "energy": 19.196642, "activity_lines": [ 17.800667, 17.628727, 18.026571, 18.29871 ] }, { "date": "2025-11-28", "close": 18.379999, "volume": 30630393, "typical_volume": 26167636.65, "trend": 18.484, "fair_value": 20.123587, "relative_strength": -19.149536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.388277, "energy": 17.66768, "activity_lines": [ 18.022, 17.767636, 18.013333, 18.293462 ] }, { "date": "2025-12-05", "close": 17.23, "volume": 30515903, "typical_volume": 23538473.35, "trend": 18.459667, "fair_value": 20.069927, "relative_strength": -24.372448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.474792, "energy": 20.371668, "activity_lines": [ 17.810667, 17.692, 17.89519, 18.212559 ] }, { "date": "2025-12-12", "close": 17.379999, "volume": 47038231, "typical_volume": 23978080.75, "trend": 18.446333, "fair_value": 20.066333, "relative_strength": -23.485444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.582956, "energy": 19.223965, "activity_lines": [ 17.668666, 17.650363, 17.805857, 18.142903 ] }, { "date": "2025-12-19", "close": 16.5, "volume": 23555096, "typical_volume": 23245816.0, "trend": 18.408, "fair_value": 20.053356, "relative_strength": -25.684823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.700971, "energy": 39.420309, "activity_lines": [ 17.238666, 17.457818, 17.644666, 18.017333 ] }, { "date": "2025-12-26", "close": 16.290001, "volume": 16766321, "typical_volume": 22409003.2, "trend": 18.336333, "fair_value": 20.049574, "relative_strength": -28.425664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.106782, "energy": 62.823832, "activity_lines": [ 16.828667, 17.242545, 17.480286, 17.880688 ] }, { "date": "2026-01-02", "close": 16.52, "volume": 10617756, "typical_volume": 21232129.8, "trend": 18.242333, "fair_value": 20.049093, "relative_strength": -26.281092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.585456, "energy": 65.395883, "activity_lines": [ 16.616667, 17.076, 17.352714, 17.763505 ] }, { "date": "2026-01-09", "close": 18.639999, "volume": 36470635, "typical_volume": 21332766.6, "trend": 18.232, "fair_value": 20.034408, "relative_strength": -19.832839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.919065, "energy": 27.284561, "activity_lines": [ 17.235333, 17.315273, 17.441428, 17.789161 ] }, { "date": "2026-01-16", "close": 18.42, "volume": 60783629, "typical_volume": 22434511.6, "trend": 18.242667, "fair_value": 20.030681, "relative_strength": -21.053497, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.955835, "energy": 9.617479, "activity_lines": [ 17.686667, 17.494182, 17.516571, 17.80129 ] }, { "date": "2026-01-23", "close": 22.82, "volume": 150572392, "typical_volume": 28930547.8, "trend": 18.365667, "fair_value": 20.050595, "relative_strength": -2.907217, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.499538, "energy": 42.151654, "activity_lines": [ 19.535333, 18.455636, 18.013095, 18.096602 ] }, { "date": "2026-01-30", "close": 34.509998, "volume": 186902308, "typical_volume": 37415701.35, "trend": 18.902333, "fair_value": 20.145217, "relative_strength": 48.378156, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.705399, "energy": 96.805833, "activity_lines": [ 24.859333, 21.452181, 19.601666, 19.138172 ] }, { "date": "2026-02-06", "close": 35.23, "volume": 216884783, "typical_volume": 46639387.2, "trend": 19.431667, "fair_value": 20.256183, "relative_strength": 53.746693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.374951, "energy": 98.170865, "activity_lines": [ 29.208666, 24.281454, 21.181428, 20.19157 ] }, { "date": "2026-02-13", "close": 26.780001, "volume": 178622550, "typical_volume": 54749686.75, "trend": 19.648333, "fair_value": 20.287381, "relative_strength": 15.672834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.121928, "energy": 88.351537, "activity_lines": [ 29.494, 25.268, 21.874762, 20.665656 ] }, { "date": "2026-02-27", "close": 25.700001, "volume": 59541622, "typical_volume": 57410526.85, "trend": 19.842, "fair_value": 20.321238, "relative_strength": 8.396252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.469326, "energy": 86.496688, "activity_lines": [ 28.876667, 25.884546, 22.421524, 21.056086 ] }, { "date": "2026-03-06", "close": 23.370001, "volume": 53267863, "typical_volume": 59761193.0, "trend": 19.953333, "fair_value": 20.353258, "relative_strength": 1.114333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.847517, "energy": 54.100939, "activity_lines": [ 26.997334, 25.926182, 22.709143, 21.283699 ] }, { "date": "2026-03-13", "close": 22.52, "volume": 40878181, "typical_volume": 61252024.45, "trend": 20.056667, "fair_value": 20.368237, "relative_strength": -2.891498, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.818812, "energy": 24.683384, "activity_lines": [ 24.798001, 25.688364, 22.887143, 21.44929 ] }, { "date": "2026-03-20", "close": 26.1, "volume": 151082932, "typical_volume": 68227065.15, "trend": 20.275333, "fair_value": 20.406485, "relative_strength": 15.930271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.002198, "energy": 26.136599, "activity_lines": [ 24.591334, 25.988182, 23.378238, 21.839183 ] }, { "date": "2026-03-27", "close": 23.65, "volume": 92417535, "typical_volume": 72132962.5, "trend": 20.390667, "fair_value": 20.43213, "relative_strength": 6.045205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.047547, "energy": 24.698171, "activity_lines": [ 24.176667, 25.668364, 23.595714, 22.056903 ] }, { "date": "2026-04-03", "close": 21.85, "volume": 98474954, "typical_volume": 76242397.05, "trend": 20.488667, "fair_value": 20.453311, "relative_strength": 1.165576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.017833, "energy": 20.421036, "activity_lines": [ 23.370667, 24.930182, 23.612571, 22.151054 ] }, { "date": "2026-04-10", "close": 24.209999, "volume": 84654334, "typical_volume": 79894462.9, "trend": 20.684, "fair_value": 20.467577, "relative_strength": 4.731571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.435059, "energy": 15.588043, "activity_lines": [ 23.608, 24.558727, 23.833286, 22.39114 ] }, { "date": "2026-04-17", "close": 23.889999, "volume": 74993988, "typical_volume": 82233570.3, "trend": 20.871666, "fair_value": 20.472399, "relative_strength": -0.537525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.246384, "energy": 15.258877, "activity_lines": [ 23.682666, 24.103818, 23.993238, 22.597978 ] }, { "date": "2026-04-24", "close": 21.77, "volume": 53828348, "typical_volume": 83393468.05, "trend": 20.994667, "fair_value": 20.474128, "relative_strength": -9.387984, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.653109, "energy": 9.986156, "activity_lines": [ 22.959333, 23.456545, 23.923762, 22.655935 ] }, { "date": "2026-05-01", "close": 22.4, "volume": 36592652, "typical_volume": 83697305.5, "trend": 21.154667, "fair_value": 20.491989, "relative_strength": -7.550895, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.24302, "energy": 8.325682, "activity_lines": [ 22.734666, 23.168545, 23.898143, 22.746602 ] }, { "date": "2026-05-08", "close": 23.58, "volume": 29365566, "typical_volume": 82813672.25, "trend": 21.344667, "fair_value": 20.533067, "relative_strength": -5.223618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.787162, "energy": 9.372871, "activity_lines": [ 22.986666, 23.174727, 23.960286, 22.903075 ] }, { "date": "2026-05-15", "close": 22.42, "volume": 40242504, "typical_volume": 83648042.65, "trend": 21.513667, "fair_value": 20.556852, "relative_strength": -9.509756, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.624231, "energy": 10.214363, "activity_lines": [ 22.736667, 23.008545, 23.882428, 22.972452 ] }, { "date": "2026-05-22", "close": 20.09, "volume": 41015588, "typical_volume": 84860506.0, "trend": 21.627667, "fair_value": 20.571269, "relative_strength": -18.650151, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -11.157374, "energy": 28.520881, "activity_lines": [ 21.829333, 22.436, 23.554476, 22.880602 ] }, { "date": "2026-05-29", "close": 22.83, "volume": 41430769, "typical_volume": 86401156.65, "trend": 21.800667, "fair_value": 20.585999, "relative_strength": -7.112026, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.938866, "energy": 18.453381, "activity_lines": [ 22.088667, 22.405818, 23.469381, 22.958172 ] }, { "date": "2026-06-05", "close": 22.49, "volume": 22770205, "typical_volume": 85716135.15, "trend": 21.966333, "fair_value": 20.585361, "relative_strength": -6.52008, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.813787, "energy": 16.015071, "activity_lines": [ 22.164, 22.373273, 23.321857, 23.002645 ] }, { "date": "2026-06-12", "close": 21.6, "volume": 11116300, "typical_volume": 83232768.7, "trend": 22.104333, "fair_value": 20.580934, "relative_strength": -7.596283, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.923065, "energy": 18.122265, "activity_lines": [ 21.936667, 22.2, 23.071238, 22.979011 ] }, { "date": "2026-06-19", "close": 20.299999, "volume": 42450326, "typical_volume": 77826665.4, "trend": 22.186, "fair_value": 20.517244, "relative_strength": -18.330335, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.261853, "energy": 22.496643, "activity_lines": [ 21.408, 21.794909, 22.681667, 22.862602 ] }, { "date": "2026-06-26", "close": 17.68, "volume": 7474020, "typical_volume": 68855251.0, "trend": 22.171667, "fair_value": 20.405256, "relative_strength": -27.128494, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -51.349445, "energy": 56.717685, "activity_lines": [ 20.147333, 20.984545, 22.054571, 22.571892 ] }, { "date": "2026-07-03", "close": 17.83, "volume": 27025942, "typical_volume": 59362308.95, "trend": 22.153333, "fair_value": 20.235192, "relative_strength": -24.982969, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.871527, "energy": 67.523082, "activity_lines": [ 19.097333, 20.314363, 21.521905, 22.291785 ] }, { "date": "2026-07-10", "close": 16.780001, "volume": 56181179, "typical_volume": 53240240.4, "trend": 22.138333, "fair_value": 20.103718, "relative_strength": -26.223343, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.767039, "energy": 84.802758, "activity_lines": [ 18.030667, 19.524909, 20.972095, 21.945118 ] }, { "date": "2026-07-17", "close": 15.35, "volume": 39651396, "typical_volume": 52245729.1, "trend": 22.070667, "fair_value": 19.989744, "relative_strength": -25.258486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.252913, "energy": 90.191598, "activity_lines": [ 16.868, 18.577636, 20.333714, 21.507161 ] }, { "date": "2026-07-24", "close": 14.65, "volume": 35329733, "typical_volume": 51348822.6, "trend": 22.009, "fair_value": 19.877244, "relative_strength": -28.286586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.642776, "energy": 91.551054, "activity_lines": [ 15.888667, 17.652727, 19.677952, 21.028409 ] }, { "date": "2026-07-31", "close": 17.360001, "volume": 81205096, "typical_volume": 53365168.35, "trend": 22.044667, "fair_value": 19.778333, "relative_strength": -13.230394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.208284, "energy": 78.990918, "activity_lines": [ 16.189334, 17.361818, 19.32181, 20.728473 ] }, { "date": "2026-08-07", "close": 18.040001, "volume": 84036640, "typical_volume": 50012853.75, "trend": 22.095333, "fair_value": 19.709231, "relative_strength": -13.81219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.786734, "energy": 54.241066, "activity_lines": [ 16.738001, 17.244182, 19.055, 20.470108 ] } ], "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." } } }