{ "ticker": { "uuid": "ec36f10d-ffbf-4895-8f15-c2da3c885df4", "symbol": "300482", "name": "Guangzhou Wondfo Biotech Co.,Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.71, "architecture_energy": 34.938, "architecture_maturity": 13.707, "architecture_confidence": 92.604, "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": 30.51, "rotation_up": 16.73, "upward_expansion": 3.39, "deceleration": 49.85, "rotation_down": 55.23, "downward_expansion": 76.72 }, "activity_lines": [ 16.982, 17.222182, 17.630174, 17.985754 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 17.52, "trend_reference": 18.64861, "distance_from_trend": -0.06052, "trend_direction": "Weakening", "fair_value": 22.486661, "distance_from_fair_value": -0.220871, "fair_value_direction": "Weakening", "relative_strength": -14.932065, "relative_strength_direction": "Improving", "price_momentum": -0.172615, "excess_performance": -0.180015, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.06052, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.049842, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.220871, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.032821, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.149321, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.118595, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.172615, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.365092, "read": "Supply-led" } ], "volume": { "latest": 30915777, "relative_activity": 0.949777, "balance": 0.365092, "dry_up": 1.257299, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.092302, "annualized_volatility": 0.322258, "from_high_reference": -0.325252, "from_low_reference": 0.132515 }, "levels": { "trend_reference": 18.64861, "fair_value_reference": 22.486661, "structural_low": 15.47, "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": 38, "median_return": -0.005214, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.012991, "regime_survival": 0.789474, "best_return": 0.234533, "worst_return": -0.239231, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.035115, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.052796, "regime_survival": 0.571429, "best_return": 0.480474, "worst_return": -0.290051, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.006959, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.084844, "regime_survival": 0.375, "best_return": 0.068598, "worst_return": -0.188609, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.196167, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.178313, "regime_survival": 0.75, "best_return": 0.05513, "worst_return": -0.323234, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": 0.013821, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.121861, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.000905, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": 0.050718, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.126214, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.060306, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": -0.113534, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": 0.002826, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": 0.014719, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.037744, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-06-12", "tenure": "Extended", "return": -0.038605, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.129716, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.047221, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 25.865696, "volume": 13668599, "typical_volume": 20092437.7, "trend": 28.633099, "fair_value": 44.103665, "relative_strength": -13.580318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.4809, "energy": 54.210261, "activity_lines": [ 25.757404, 26.082683, 26.906392, 27.68184 ] }, { "date": "2023-08-04", "close": 25.225502, "volume": 18990747, "typical_volume": 19380629.7, "trend": 28.475507, "fair_value": 43.819642, "relative_strength": -16.359017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.063707, "energy": 53.694177, "activity_lines": [ 25.609618, 25.822784, 26.679901, 27.461995 ] }, { "date": "2023-08-11", "close": 25.235058, "volume": 22453881, "typical_volume": 19376412.3, "trend": 28.322933, "fair_value": 43.553067, "relative_strength": -12.671791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.405907, "energy": 50.376611, "activity_lines": [ 25.479669, 25.63064, 26.474059, 27.252933 ] }, { "date": "2023-08-18", "close": 24.394209, "volume": 31484243, "typical_volume": 19549359.65, "trend": 28.155801, "fair_value": 43.262708, "relative_strength": -12.489788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.969464, "energy": 57.286721, "activity_lines": [ 25.078991, 25.355452, 26.209172, 26.999467 ] }, { "date": "2023-08-25", "close": 22.464075, "volume": 19480807, "typical_volume": 19507652.5, "trend": 27.904595, "fair_value": 42.98075, "relative_strength": -16.460947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.67355, "energy": 83.907818, "activity_lines": [ 24.127939, 24.78701, 25.783532, 26.632259 ] }, { "date": "2023-09-01", "close": 23.68713, "volume": 18600986, "typical_volume": 18962884.3, "trend": 27.672228, "fair_value": 42.723059, "relative_strength": -14.429092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.518803, "energy": 77.257342, "activity_lines": [ 23.811346, 24.519293, 25.509276, 26.360165 ] }, { "date": "2023-09-08", "close": 22.960941, "volume": 9518273, "typical_volume": 18117783.45, "trend": 27.351117, "fair_value": 42.453849, "relative_strength": -15.312091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.044766, "energy": 87.912839, "activity_lines": [ 23.397928, 24.160368, 25.188581, 26.056211 ] }, { "date": "2023-09-15", "close": 24.050224, "volume": 15437329, "typical_volume": 17411454.6, "trend": 27.071642, "fair_value": 42.16339, "relative_strength": -9.927703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.450738, "energy": 76.235488, "activity_lines": [ 23.498576, 24.044665, 24.993692, 25.84325 ] }, { "date": "2023-09-22", "close": 24.059778, "volume": 11890149, "typical_volume": 17547341.2, "trend": 26.831019, "fair_value": 41.853682, "relative_strength": -10.075315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.499565, "energy": 54.193128, "activity_lines": [ 23.681396, 23.954846, 24.8199, 25.648936 ] }, { "date": "2023-09-29", "close": 24.289101, "volume": 11716714, "typical_volume": 17333458.05, "trend": 26.615584, "fair_value": 41.618519, "relative_strength": -8.513943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.239789, "energy": 42.179467, "activity_lines": [ 23.962953, 23.938168, 24.685047, 25.484941 ] }, { "date": "2023-10-13", "close": 25.177727, "volume": 20702005, "typical_volume": 17109791.25, "trend": 26.453894, "fair_value": 41.380816, "relative_strength": -4.791155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.853922, "energy": 24.952611, "activity_lines": [ 24.419051, 24.111724, 24.648237, 25.392176 ] }, { "date": "2023-10-20", "close": 23.562912, "volume": 17137787, "typical_volume": 16849146.8, "trend": 26.260306, "fair_value": 41.143469, "relative_strength": -6.196248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.85204, "energy": 27.770789, "activity_lines": [ 24.237503, 24.004185, 24.472833, 25.205661 ] }, { "date": "2023-10-27", "close": 24.241327, "volume": 20813204, "typical_volume": 17061005.35, "trend": 26.079933, "fair_value": 40.918845, "relative_strength": -5.299586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.463912, "energy": 21.510944, "activity_lines": [ 24.241963, 24.050224, 24.387246, 25.075405 ] }, { "date": "2023-11-03", "close": 24.766857, "volume": 20743988, "typical_volume": 16939736.9, "trend": 25.930862, "fair_value": 40.690862, "relative_strength": -3.91145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.264772, "energy": 17.102653, "activity_lines": [ 24.408859, 24.209881, 24.374734, 24.99069 ] }, { "date": "2023-11-10", "close": 25.846586, "volume": 21654378, "typical_volume": 16900324.35, "trend": 25.799299, "fair_value": 40.457081, "relative_strength": -0.916943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.295161, "energy": 6.234056, "activity_lines": [ 24.888526, 24.559077, 24.478384, 24.985253 ] }, { "date": "2023-11-17", "close": 25.483492, "volume": 15610837, "typical_volume": 17164970.35, "trend": 25.700119, "fair_value": 40.253918, "relative_strength": -2.091138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.88989, "energy": 13.544919, "activity_lines": [ 25.143329, 24.780756, 24.551867, 24.964878 ] }, { "date": "2023-11-24", "close": 28.722673, "volume": 62677864, "typical_volume": 19563819.5, "trend": 25.737734, "fair_value": 40.088494, "relative_strength": 12.044586, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.73568, "energy": 52.083771, "activity_lines": [ 26.457475, 25.558716, 24.935983, 25.159882 ] }, { "date": "2023-12-01", "close": 30.06039, "volume": 59858561, "typical_volume": 21949728.55, "trend": 25.796757, "fair_value": 39.942353, "relative_strength": 18.869139, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.940604, "energy": 74.081319, "activity_lines": [ 27.873543, 26.475138, 25.431893, 25.438763 ] }, { "date": "2023-12-08", "close": 30.528593, "volume": 57644345, "typical_volume": 24153996.1, "trend": 25.892689, "fair_value": 39.822779, "relative_strength": 22.887927, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.016047, "energy": 82.060443, "activity_lines": [ 29.057741, 27.367412, 25.950099, 25.744043 ] }, { "date": "2023-12-15", "close": 29.362865, "volume": 25311501, "typical_volume": 24769809.9, "trend": 25.967935, "fair_value": 39.702321, "relative_strength": 21.052962, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.589282, "energy": 76.58753, "activity_lines": [ 29.469247, 27.930121, 26.334715, 25.967925 ] }, { "date": "2023-12-22", "close": 28.072927, "volume": 19594382, "typical_volume": 25066099.05, "trend": 25.958062, "fair_value": 39.580275, "relative_strength": 18.648797, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.19499, "energy": 79.833106, "activity_lines": [ 29.216355, 28.166046, 26.579826, 26.103731 ] }, { "date": "2023-12-29", "close": 28.827782, "volume": 18213625, "typical_volume": 25027242.95, "trend": 25.957106, "fair_value": 39.440875, "relative_strength": 18.443371, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.562674, "energy": 53.243729, "activity_lines": [ 29.042453, 28.486576, 26.886318, 26.288874 ] }, { "date": "2024-01-05", "close": 28.722673, "volume": 15927459, "typical_volume": 24700921.85, "trend": 25.945321, "fair_value": 39.286022, "relative_strength": 23.277726, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.36861, "energy": 42.287133, "activity_lines": [ 28.826506, 28.692272, 27.165646, 26.467298 ] }, { "date": "2024-01-12", "close": 28.053818, "volume": 15235462, "typical_volume": 23888482.8, "trend": 25.961565, "fair_value": 39.108944, "relative_strength": 21.649993, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.285867, "energy": 30.309186, "activity_lines": [ 28.47679, 28.694878, 27.364665, 26.60333 ] }, { "date": "2024-01-19", "close": 27.996485, "volume": 18137756, "typical_volume": 23821330.25, "trend": 26.002334, "fair_value": 38.872974, "relative_strength": 23.768944, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.243751, "energy": 27.154672, "activity_lines": [ 28.272947, 28.627297, 27.540798, 26.734615 ] }, { "date": "2024-01-26", "close": 25.951691, "volume": 18800575, "typical_volume": 23831309.7, "trend": 26.002971, "fair_value": 38.631127, "relative_strength": 14.686556, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.890825, "energy": 16.811074, "activity_lines": [ 27.478598, 28.148846, 27.495843, 26.731348 ] }, { "date": "2024-02-02", "close": 22.014986, "volume": 19542650, "typical_volume": 24332528.55, "trend": 25.888628, "fair_value": 38.339838, "relative_strength": 5.642491, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.440201, "energy": 34.77212, "activity_lines": [ 25.513431, 26.946118, 27.065181, 26.474058 ] }, { "date": "2024-02-09", "close": 25.196838, "volume": 29899342, "typical_volume": 25055629.2, "trend": 25.882576, "fair_value": 38.09242, "relative_strength": 10.170428, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.767177, "energy": 26.743086, "activity_lines": [ 25.063066, 26.443867, 26.942056, 26.429427 ] }, { "date": "2024-02-23", "close": 24.910185, "volume": 19305508, "typical_volume": 25426397.15, "trend": 25.853274, "fair_value": 37.817311, "relative_strength": 5.909145, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.847238, "energy": 29.382789, "activity_lines": [ 24.752207, 25.977925, 26.786172, 26.366692 ] }, { "date": "2024-03-01", "close": 25.87525, "volume": 26517262, "typical_volume": 26166424.55, "trend": 25.853592, "fair_value": 37.585086, "relative_strength": 5.772701, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.304078, "energy": 27.219992, "activity_lines": [ 24.972611, 25.789602, 26.718148, 26.36811 ] }, { "date": "2024-03-08", "close": 25.149061, "volume": 20973846, "typical_volume": 26180016.6, "trend": 25.829705, "fair_value": 37.339924, "relative_strength": 3.50151, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.425799, "energy": 17.04036, "activity_lines": [ 25.092368, 25.532656, 26.573411, 26.322656 ] }, { "date": "2024-03-15", "close": 25.397495, "volume": 15784183, "typical_volume": 26112336.4, "trend": 25.835438, "fair_value": 37.090909, "relative_strength": 1.838311, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.178145, "energy": 11.777232, "activity_lines": [ 25.348445, 25.374041, 26.452471, 26.294771 ] }, { "date": "2024-03-22", "close": 24.461092, "volume": 15112135, "typical_volume": 25827282.95, "trend": 25.809639, "fair_value": 36.866824, "relative_strength": -1.383541, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.489503, "energy": 13.787947, "activity_lines": [ 25.066887, 25.10754, 26.233613, 26.206104 ] }, { "date": "2024-03-29", "close": 23.505583, "volume": 15340665, "typical_volume": 25557116.8, "trend": 25.780018, "fair_value": 36.678893, "relative_strength": -3.501072, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.511992, "energy": 24.965108, "activity_lines": [ 24.515876, 24.744794, 25.922708, 26.057455 ] }, { "date": "2024-04-05", "close": 24.728636, "volume": 10987936, "typical_volume": 25023794.7, "trend": 25.855503, "fair_value": 36.462197, "relative_strength": -0.04197, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.829051, "energy": 23.776546, "activity_lines": [ 24.466189, 24.687115, 25.73429, 25.989624 ] }, { "date": "2024-04-12", "close": 22.855835, "volume": 16366965, "typical_volume": 25061601.1, "trend": 25.827793, "fair_value": 36.251021, "relative_strength": -4.431349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.396054, "energy": 53.6344, "activity_lines": [ 23.868676, 24.348343, 25.372833, 25.796097 ] }, { "date": "2024-04-19", "close": 21.116804, "volume": 25842502, "typical_volume": 23219833.0, "trend": 25.766322, "fair_value": 36.043202, "relative_strength": -12.05079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.091308, "energy": 67.099141, "activity_lines": [ 22.844368, 23.749672, 24.858268, 25.492162 ] }, { "date": "2024-04-26", "close": 25.512157, "volume": 56205860, "typical_volume": 23037197.95, "trend": 25.815053, "fair_value": 35.844204, "relative_strength": 3.965049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.922154, "energy": 36.113651, "activity_lines": [ 23.570557, 23.966486, 24.798526, 25.475765 ] }, { "date": "2024-05-03", "close": 26.439003, "volume": 16317574, "typical_volume": 20970859.4, "trend": 25.894361, "fair_value": 35.642223, "relative_strength": 6.083692, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.178134, "energy": 17.977125, "activity_lines": [ 24.535624, 24.346085, 24.848713, 25.516019 ] }, { "date": "2024-05-10", "close": 27.805384, "volume": 50175475, "typical_volume": 22214058.1, "trend": 26.01157, "fair_value": 35.470371, "relative_strength": 9.620009, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.350446, "energy": 10.720016, "activity_lines": [ 25.76059, 24.94632, 25.048506, 25.639311 ] }, { "date": "2024-05-17", "close": 27.805384, "volume": 27685723, "typical_volume": 22618625.15, "trend": 26.099159, "fair_value": 35.254271, "relative_strength": 9.550563, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.260265, "energy": 34.743933, "activity_lines": [ 26.780439, 25.511462, 25.255715, 25.755041 ] }, { "date": "2024-05-24", "close": 26.668324, "volume": 15818642, "typical_volume": 22498876.0, "trend": 26.202673, "fair_value": 34.97643, "relative_strength": 7.954922, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.863572, "energy": 39.333199, "activity_lines": [ 27.091298, 25.821568, 25.355907, 25.791762 ] }, { "date": "2024-05-31", "close": 26.649214, "volume": 14417951, "typical_volume": 22423400.6, "trend": 26.282935, "fair_value": 34.683138, "relative_strength": 8.342113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.035199, "energy": 44.346863, "activity_lines": [ 27.025686, 26.105094, 25.464563, 25.820571 ] }, { "date": "2024-06-07", "close": 26.657799, "volume": 20238945, "typical_volume": 22673574.75, "trend": 26.345967, "fair_value": 34.422892, "relative_strength": 9.46139, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.283618, "energy": 36.658072, "activity_lines": [ 26.887132, 26.350397, 25.583909, 25.844755 ] }, { "date": "2024-06-14", "close": 26.502701, "volume": 16785108, "typical_volume": 22605942.35, "trend": 26.367837, "fair_value": 34.168196, "relative_strength": 8.689548, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.383282, "energy": 14.447964, "activity_lines": [ 26.682292, 26.510188, 25.695132, 25.854867 ] }, { "date": "2024-06-21", "close": 25.581793, "volume": 13255358, "typical_volume": 22328681.5, "trend": 26.371114, "fair_value": 33.924252, "relative_strength": 6.872691, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.060217, "energy": 5.996368, "activity_lines": [ 26.257328, 26.470285, 25.725763, 25.804155 ] }, { "date": "2024-06-28", "close": 23.652739, "volume": 20088657, "typical_volume": 22355981.85, "trend": 26.202116, "fair_value": 33.646537, "relative_strength": 1.002956, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.581546, "energy": 27.955794, "activity_lines": [ 25.337585, 26.030082, 25.574435, 25.628776 ] }, { "date": "2024-07-05", "close": 22.916014, "volume": 21671101, "typical_volume": 21944569.8, "trend": 25.96397, "fair_value": 33.368882, "relative_strength": -0.6292, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.23564, "energy": 39.137121, "activity_lines": [ 24.373307, 25.40982, 25.345145, 25.416769 ] }, { "date": "2024-07-12", "close": 24.42824, "volume": 42667984, "typical_volume": 23112693.6, "trend": 25.760625, "fair_value": 33.107201, "relative_strength": 3.692278, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.483014, "energy": 43.538719, "activity_lines": [ 24.161984, 25.111712, 25.270737, 25.31769 ] }, { "date": "2024-07-19", "close": 24.37977, "volume": 19922504, "typical_volume": 22782955.7, "trend": 25.594522, "fair_value": 32.853101, "relative_strength": 2.612966, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.511969, "energy": 49.599751, "activity_lines": [ 24.083142, 24.841351, 25.194008, 25.228602 ] }, { "date": "2024-07-26", "close": 23.584883, "volume": 16214151, "typical_volume": 22544970.95, "trend": 25.444921, "fair_value": 32.622669, "relative_strength": 2.494117, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.890031, "energy": 57.900425, "activity_lines": [ 23.880865, 24.488748, 25.048697, 25.098948 ] }, { "date": "2024-08-02", "close": 23.507332, "volume": 23922699, "typical_volume": 22951896.75, "trend": 25.267572, "fair_value": 32.403698, "relative_strength": 2.416443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.74701, "energy": 46.496677, "activity_lines": [ 23.785866, 24.198781, 24.903448, 24.973942 ] }, { "date": "2024-08-09", "close": 23.507332, "volume": 22426361, "typical_volume": 23317608.05, "trend": 25.093728, "fair_value": 32.208167, "relative_strength": 4.016184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.639654, "energy": 46.361807, "activity_lines": [ 23.700561, 23.966287, 24.7672, 24.860379 ] }, { "date": "2024-08-16", "close": 22.867546, "volume": 48522320, "typical_volume": 24976690.8, "trend": 24.920852, "fair_value": 32.013976, "relative_strength": 1.358727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.735936, "energy": 51.883762, "activity_lines": [ 23.362573, 23.674594, 24.574562, 24.716754 ] }, { "date": "2024-08-23", "close": 20.434416, "volume": 33056048, "typical_volume": 26080096.4, "trend": 24.668783, "fair_value": 31.819497, "relative_strength": -7.673741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.223839, "energy": 71.219392, "activity_lines": [ 22.317587, 23.009427, 24.153236, 24.427306 ] }, { "date": "2024-08-30", "close": 20.977266, "volume": 27645947, "typical_volume": 26644045.5, "trend": 24.502969, "fair_value": 31.631128, "relative_strength": -7.230847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.582109, "energy": 74.238315, "activity_lines": [ 21.716575, 22.553292, 23.804058, 24.189144 ] }, { "date": "2024-09-06", "close": 20.114523, "volume": 20970556, "typical_volume": 26400448.2, "trend": 24.43962, "fair_value": 31.414386, "relative_strength": -8.830345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.661328, "energy": 82.452445, "activity_lines": [ 21.001823, 22.024014, 23.381659, 23.906019 ] }, { "date": "2024-09-13", "close": 19.416573, "volume": 19273855, "typical_volume": 24553847.95, "trend": 24.246944, "fair_value": 31.215415, "relative_strength": -10.477754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.751311, "energy": 87.182896, "activity_lines": [ 20.280609, 21.432167, 22.897562, 23.581951 ] }, { "date": "2024-09-20", "close": 18.786478, "volume": 11241202, "typical_volume": 24300029.35, "trend": 24.042821, "fair_value": 31.07537, "relative_strength": -14.421836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.737824, "energy": 88.654572, "activity_lines": [ 19.62208, 20.789383, 22.382483, 23.229663 ] }, { "date": "2024-09-27", "close": 22.25684, "volume": 36276670, "typical_volume": 23605089.1, "trend": 23.922207, "fair_value": 30.950335, "relative_strength": -13.935159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.081833, "energy": 59.858269, "activity_lines": [ 20.39241, 20.880152, 22.234355, 23.114438 ] }, { "date": "2024-10-04", "close": 25.591488, "volume": 18870861, "typical_volume": 23164346.0, "trend": 23.936955, "fair_value": 30.866529, "relative_strength": -10.6207, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.782737, "energy": 16.962083, "activity_lines": [ 22.152794, 21.615819, 22.430234, 23.222134 ] }, { "date": "2024-10-11", "close": 23.420088, "volume": 67042108, "typical_volume": 25725519.3, "trend": 23.871041, "fair_value": 30.770597, "relative_strength": -14.345924, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.718251, "energy": 20.624107, "activity_lines": [ 22.881763, 21.920202, 22.429855, 23.188788 ] }, { "date": "2024-10-18", "close": 24.42824, "volume": 49243409, "typical_volume": 27466792.2, "trend": 23.869946, "fair_value": 30.680769, "relative_strength": -13.132674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.973195, "energy": 23.822712, "activity_lines": [ 23.726412, 22.409472, 22.540959, 23.224736 ] }, { "date": "2024-10-25", "close": 25.087412, "volume": 46691607, "typical_volume": 28789425.3, "trend": 23.922674, "fair_value": 30.591639, "relative_strength": -12.929462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 23.68564, "energy": 32.00376, "activity_lines": [ 24.456673, 23.001848, 22.725417, 23.303282 ] }, { "date": "2024-11-01", "close": 23.846615, "volume": 47520448, "typical_volume": 30326192.3, "trend": 23.893273, "fair_value": 30.487379, "relative_strength": -15.815443, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.599505, "energy": 23.429173, "activity_lines": [ 24.353274, 23.328263, 22.799182, 23.298375 ] }, { "date": "2024-11-08", "close": 25.484858, "volume": 49294909, "typical_volume": 32128169.85, "trend": 23.980907, "fair_value": 30.394577, "relative_strength": -15.586389, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.629818, "energy": 31.428824, "activity_lines": [ 24.68997, 23.8905, 23.041618, 23.401058 ] }, { "date": "2024-11-15", "close": 24.176203, "volume": 51627058, "typical_volume": 33705089.9, "trend": 24.082887, "fair_value": 30.307618, "relative_strength": -16.644122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.759837, "energy": 20.891676, "activity_lines": [ 24.597557, 24.132844, 23.159882, 23.413658 ] }, { "date": "2024-11-22", "close": 23.546108, "volume": 37115081, "typical_volume": 34477288.9, "trend": 24.017352, "fair_value": 30.222839, "relative_strength": -16.225879, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.437453, "energy": 12.628336, "activity_lines": [ 24.244705, 24.186777, 23.215644, 23.379027 ] }, { "date": "2024-11-29", "close": 23.672127, "volume": 43085296, "typical_volume": 34498154.5, "trend": 23.925123, "fair_value": 30.167271, "relative_strength": -16.741239, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.461816, "energy": 6.477452, "activity_lines": [ 23.992667, 24.188539, 23.280407, 23.356754 ] }, { "date": "2024-12-06", "close": 23.807838, "volume": 29387196, "typical_volume": 34971389.1, "trend": 23.791871, "fair_value": 30.110061, "relative_strength": -17.130554, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.390541, "energy": 5.533355, "activity_lines": [ 23.880219, 24.126147, 23.361696, 23.349187 ] }, { "date": "2024-12-13", "close": 23.332846, "volume": 35668310, "typical_volume": 35944097.05, "trend": 23.642787, "fair_value": 30.049747, "relative_strength": -17.584829, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.837599, "energy": 6.245883, "activity_lines": [ 23.612025, 23.949192, 23.400471, 23.319573 ] }, { "date": "2024-12-20", "close": 23.129276, "volume": 22624109, "typical_volume": 35879167.55, "trend": 23.524819, "fair_value": 29.986453, "relative_strength": -17.217989, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.706747, "energy": 6.003544, "activity_lines": [ 23.419443, 23.77629, 23.421059, 23.286443 ] }, { "date": "2024-12-27", "close": 22.547653, "volume": 25029623, "typical_volume": 36009330.65, "trend": 23.3881, "fair_value": 29.905499, "relative_strength": -18.848256, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.966708, "energy": 10.573054, "activity_lines": [ 23.102781, 23.502927, 23.388054, 23.2234 ] }, { "date": "2025-01-03", "close": 20.899715, "volume": 23536489, "typical_volume": 34760039.1, "trend": 23.196164, "fair_value": 29.820438, "relative_strength": -18.430812, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.8115, "energy": 31.971564, "activity_lines": [ 22.30337, 22.964131, 23.202672, 23.062859 ] }, { "date": "2025-01-10", "close": 20.676758, "volume": 25959011, "typical_volume": 34405187.25, "trend": 23.001966, "fair_value": 29.731318, "relative_strength": -17.832751, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.350951, "energy": 55.715158, "activity_lines": [ 21.614467, 22.460937, 23.005428, 22.900317 ] }, { "date": "2025-01-17", "close": 21.423178, "volume": 18048477, "typical_volume": 33925313.75, "trend": 22.863345, "fair_value": 29.646564, "relative_strength": -17.30245, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.810738, "energy": 56.263787, "activity_lines": [ 21.38311, 22.15109, 22.878117, 22.79846 ] }, { "date": "2025-01-24", "close": 21.442566, "volume": 17066297, "typical_volume": 33730100.8, "trend": 22.789673, "fair_value": 29.56594, "relative_strength": -17.598894, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.226867, "energy": 62.797551, "activity_lines": [ 21.285527, 21.918616, 22.750528, 22.706796 ] }, { "date": "2025-01-31", "close": 21.597666, "volume": 3589164, "typical_volume": 32945866.25, "trend": 22.745728, "fair_value": 29.46891, "relative_strength": -15.348295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.224542, "energy": 57.332392, "activity_lines": [ 21.352091, 21.764045, 22.631388, 22.629893 ] }, { "date": "2025-02-07", "close": 22.082354, "volume": 18947827, "typical_volume": 33331197.5, "trend": 22.667532, "fair_value": 29.345089, "relative_strength": -16.472846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.091803, "energy": 34.124553, "activity_lines": [ 21.64355, 21.733025, 22.548022, 22.587094 ] }, { "date": "2025-02-14", "close": 24.156813, "volume": 58050628, "typical_volume": 34419895.4, "trend": 22.6601, "fair_value": 29.141762, "relative_strength": -9.677208, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.07588, "energy": 15.977061, "activity_lines": [ 22.547653, 22.108085, 22.646529, 22.683177 ] }, { "date": "2025-02-21", "close": 24.467014, "volume": 106277832, "typical_volume": 38790243.95, "trend": 22.689504, "fair_value": 29.054635, "relative_strength": -10.169349, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 30.923182, "energy": 31.234295, "activity_lines": [ 23.323152, 22.5332, 22.765531, 22.799752 ] }, { "date": "2025-02-28", "close": 22.69306, "volume": 49860978, "typical_volume": 37931187.45, "trend": 22.662362, "fair_value": 28.98125, "relative_strength": -13.2913, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 12.912839, "energy": 24.815748, "activity_lines": [ 23.304411, 22.615156, 22.72094, 22.799982 ] }, { "date": "2025-03-07", "close": 22.964483, "volume": 33525473, "typical_volume": 37145290.65, "trend": 22.644267, "fair_value": 28.920607, "relative_strength": -13.754532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.757452, "energy": 33.881438, "activity_lines": [ 23.292778, 22.754394, 22.70566, 22.819473 ] }, { "date": "2025-03-14", "close": 23.264988, "volume": 32535179, "typical_volume": 36437469.25, "trend": 22.657515, "fair_value": 28.842517, "relative_strength": -13.342095, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.960235, "energy": 27.706807, "activity_lines": [ 23.290193, 22.94069, 22.725971, 22.85952 ] }, { "date": "2025-03-21", "close": 22.760914, "volume": 26263323, "typical_volume": 35374613.0, "trend": 22.735065, "fair_value": 28.730879, "relative_strength": -12.619487, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.416714, "energy": 8.815794, "activity_lines": [ 23.04074, 22.992331, 22.706953, 22.866191 ] }, { "date": "2025-03-28", "close": 22.780302, "volume": 20629033, "typical_volume": 33941319.2, "trend": 22.795166, "fair_value": 28.595746, "relative_strength": -11.637707, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.769557, "energy": 3.640406, "activity_lines": [ 22.89081, 23.009603, 22.694951, 22.869109 ] }, { "date": "2025-04-04", "close": 23.042034, "volume": 25194198, "typical_volume": 32619676.2, "trend": 22.89275, "fair_value": 28.38611, "relative_strength": -8.27229, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.176411, "energy": 4.632037, "activity_lines": [ 22.940572, 23.049788, 22.720755, 22.885036 ] }, { "date": "2025-04-11", "close": 20.453804, "volume": 49818768, "typical_volume": 33254860.55, "trend": 22.927324, "fair_value": 28.189722, "relative_strength": -13.905747, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.622621, "energy": 33.169424, "activity_lines": [ 22.104325, 22.590305, 22.505461, 22.727685 ] }, { "date": "2025-04-18", "close": 20.066053, "volume": 22489910, "typical_volume": 32225091.25, "trend": 22.969976, "fair_value": 28.034857, "relative_strength": -14.930176, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.614053, "energy": 64.717712, "activity_lines": [ 21.306207, 22.081119, 22.267965, 22.543087 ] }, { "date": "2025-04-25", "close": 20.250235, "volume": 23031279, "typical_volume": 31907295.4, "trend": 22.90309, "fair_value": 27.876809, "relative_strength": -14.877753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.259298, "energy": 70.366009, "activity_lines": [ 20.782745, 21.64208, 22.065181, 22.36762 ] }, { "date": "2025-05-02", "close": 19.959423, "volume": 11018923, "typical_volume": 30674826.05, "trend": 22.715354, "fair_value": 27.735074, "relative_strength": -15.451417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.551276, "energy": 75.509617, "activity_lines": [ 20.329724, 21.221196, 21.851641, 22.177706 ] }, { "date": "2025-05-09", "close": 20.356865, "volume": 16237557, "typical_volume": 30355498.45, "trend": 22.613247, "fair_value": 27.574599, "relative_strength": -15.121001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.098643, "energy": 71.224916, "activity_lines": [ 20.197242, 20.954529, 21.692018, 22.025545 ] }, { "date": "2025-05-16", "close": 20.948185, "volume": 28022375, "typical_volume": 30505136.05, "trend": 22.497245, "fair_value": 27.430472, "relative_strength": -12.535886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.248116, "energy": 57.272961, "activity_lines": [ 20.440878, 20.837852, 21.601912, 21.918122 ] }, { "date": "2025-05-23", "close": 20.839361, "volume": 23361796, "typical_volume": 30496401.4, "trend": 22.355643, "fair_value": 27.303168, "relative_strength": -12.029246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.69664, "energy": 40.602037, "activity_lines": [ 20.615281, 20.738048, 21.509059, 21.811162 ] }, { "date": "2025-05-30", "close": 21.007261, "volume": 21549950, "typical_volume": 30275948.35, "trend": 22.260998, "fair_value": 27.166595, "relative_strength": -9.951695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.85911, "energy": 28.888813, "activity_lines": [ 20.794097, 20.712875, 21.432483, 21.724169 ] }, { "date": "2025-06-06", "close": 21.096149, "volume": 14636709, "typical_volume": 30105359.95, "trend": 22.114708, "fair_value": 27.037648, "relative_strength": -10.240385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.02333, "energy": 21.803411, "activity_lines": [ 20.952074, 20.735747, 21.3628, 21.649018 ] }, { "date": "2025-06-13", "close": 20.987507, "volume": 24989296, "typical_volume": 30501509.9, "trend": 22.008418, "fair_value": 26.92391, "relative_strength": -9.56319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.70086, "energy": 20.373412, "activity_lines": [ 20.998055, 20.769487, 21.284326, 21.576295 ] }, { "date": "2025-06-20", "close": 20.385042, "volume": 20429865, "typical_volume": 31343544.95, "trend": 21.903049, "fair_value": 26.821379, "relative_strength": -10.542597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.484598, "energy": 25.447825, "activity_lines": [ 20.801171, 20.731043, 21.150642, 21.471561 ] }, { "date": "2025-06-27", "close": 20.859114, "volume": 16460689, "typical_volume": 31219188.05, "trend": 21.809282, "fair_value": 26.721708, "relative_strength": -11.259683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.213937, "energy": 22.3715, "activity_lines": [ 20.799855, 20.780044, 21.067883, 21.40421 ] }, { "date": "2025-07-04", "close": 21.175161, "volume": 20666617, "typical_volume": 29349987.5, "trend": 21.721526, "fair_value": 26.616887, "relative_strength": -10.56021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.332209, "energy": 20.508494, "activity_lines": [ 20.90257, 20.872089, 21.021047, 21.363299 ] }, { "date": "2025-07-11", "close": 21.471455, "volume": 28569960, "typical_volume": 25464593.9, "trend": 21.65948, "fair_value": 26.511366, "relative_strength": -10.321839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.029009, "energy": 15.192168, "activity_lines": [ 21.092857, 21.001188, 21.016629, 21.347166 ] }, { "date": "2025-07-18", "close": 21.817131, "volume": 25289839, "typical_volume": 24236036.95, "trend": 21.615741, "fair_value": 26.406676, "relative_strength": -10.125232, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.161083, "energy": 12.443051, "activity_lines": [ 21.373349, 21.165647, 21.059397, 21.357337 ] }, { "date": "2025-07-25", "close": 24.009708, "volume": 99823476, "typical_volume": 27550937.1, "trend": 21.664477, "fair_value": 26.315619, "relative_strength": -2.846601, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.861481, "energy": 60.494998, "activity_lines": [ 22.329391, 21.702205, 21.315153, 21.511786 ] }, { "date": "2025-08-01", "close": 23.930696, "volume": 83081203, "typical_volume": 30078238.3, "trend": 21.765509, "fair_value": 26.219898, "relative_strength": -1.117835, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.195742, "energy": 69.644681, "activity_lines": [ 23.017452, 22.168734, 21.558406, 21.657994 ] }, { "date": "2025-08-08", "close": 23.98008, "volume": 67049016, "typical_volume": 32117522.95, "trend": 21.87562, "fair_value": 26.137568, "relative_strength": -1.58159, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.33796, "energy": 73.776649, "activity_lines": [ 23.517202, 22.588035, 21.803193, 21.800869 ] }, { "date": "2025-08-15", "close": 24.128227, "volume": 59075863, "typical_volume": 34039864.45, "trend": 21.965788, "fair_value": 26.06161, "relative_strength": -4.723916, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.93005, "energy": 75.613833, "activity_lines": [ 23.879339, 22.980221, 22.056283, 21.946199 ] }, { "date": "2025-08-22", "close": 22.824532, "volume": 92265570, "typical_volume": 37393433.05, "trend": 22.011854, "fair_value": 25.982475, "relative_strength": -13.332656, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.173768, "energy": 54.549842, "activity_lines": [ 23.629794, 23.080243, 22.178793, 22.001602 ] }, { "date": "2025-08-29", "close": 22.024536, "volume": 56641161, "typical_volume": 37734552.7, "trend": 22.026083, "fair_value": 25.90725, "relative_strength": -19.304334, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.698076, "energy": 28.330551, "activity_lines": [ 23.046423, 23.00141, 22.226149, 22.00242 ] }, { "date": "2025-09-05", "close": 21.560343, "volume": 30150784, "typical_volume": 38117596.4, "trend": 22.008683, "fair_value": 25.823567, "relative_strength": -19.796273, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.12783, "energy": 7.651788, "activity_lines": [ 22.440666, 22.80837, 22.221816, 21.972372 ] }, { "date": "2025-09-12", "close": 21.76775, "volume": 27131002, "typical_volume": 38322582.55, "trend": 21.929047, "fair_value": 25.746816, "relative_strength": -20.579758, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 21.7531, "energy": 23.268394, "activity_lines": [ 22.062068, 22.640291, 22.230121, 21.956828 ] }, { "date": "2025-09-19", "close": 21.2838, "volume": 24331324, "typical_volume": 38988202.6, "trend": 21.82294, "fair_value": 25.676301, "relative_strength": -22.728017, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -8.473547, "energy": 22.578957, "activity_lines": [ 21.669642, 22.373446, 22.185109, 21.915199 ] }, { "date": "2025-09-26", "close": 20.967754, "volume": 21775273, "typical_volume": 39265088.4, "trend": 21.76543, "fair_value": 25.613882, "relative_strength": -24.151176, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.050999, "energy": 28.898273, "activity_lines": [ 21.361496, 22.05255, 22.103691, 21.860026 ] }, { "date": "2025-10-03", "close": 21.027014, "volume": 6114841, "typical_volume": 38169711.7, "trend": 21.700847, "fair_value": 25.554915, "relative_strength": -25.119578, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.981631, "energy": 29.570039, "activity_lines": [ 21.196889, 21.757872, 22.025008, 21.812386 ] }, { "date": "2025-10-10", "close": 21.471455, "volume": 10794846, "typical_volume": 37541364.2, "trend": 21.641063, "fair_value": 25.510184, "relative_strength": -22.03721, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.104207, "energy": 27.356811, "activity_lines": [ 21.24693, 21.598233, 21.988276, 21.797587 ] }, { "date": "2025-10-17", "close": 20.888742, "volume": 18982146, "typical_volume": 37412974.0, "trend": 21.578657, "fair_value": 25.468947, "relative_strength": -19.635422, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.091928, "energy": 28.631848, "activity_lines": [ 21.108659, 21.377359, 21.893039, 21.74905 ] }, { "date": "2025-10-24", "close": 21.639355, "volume": 18526572, "typical_volume": 37607467.15, "trend": 21.540626, "fair_value": 25.430956, "relative_strength": -19.956374, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.825713, "energy": 18.808044, "activity_lines": [ 21.279193, 21.349166, 21.869853, 21.752966 ] }, { "date": "2025-10-31", "close": 21.787502, "volume": 43062150, "typical_volume": 38511109.85, "trend": 21.498808, "fair_value": 25.375659, "relative_strength": -19.448083, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.073549, "energy": 6.714796, "activity_lines": [ 21.475405, 21.393161, 21.858189, 21.768893 ] }, { "date": "2025-11-07", "close": 21.718367, "volume": 34838591, "typical_volume": 39231546.15, "trend": 21.54096, "fair_value": 25.324016, "relative_strength": -19.349963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.347305, "energy": 4.16586, "activity_lines": [ 21.593923, 21.443441, 21.836132, 21.783059 ] }, { "date": "2025-11-14", "close": 21.688736, "volume": 34553302, "typical_volume": 40136176.8, "trend": 21.59505, "fair_value": 25.285016, "relative_strength": -17.835882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.90203, "energy": 9.705315, "activity_lines": [ 21.656474, 21.493901, 21.804903, 21.792592 ] }, { "date": "2025-11-21", "close": 20.424549, "volume": 23776864, "typical_volume": 40291689.15, "trend": 21.60086, "fair_value": 25.210017, "relative_strength": -17.946142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.432052, "energy": 20.522398, "activity_lines": [ 21.283143, 21.312174, 21.649325, 21.717076 ] }, { "date": "2025-11-28", "close": 20.898619, "volume": 17283256, "typical_volume": 39727353.95, "trend": 21.632167, "fair_value": 25.125285, "relative_strength": -18.434817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.654655, "energy": 34.503206, "activity_lines": [ 21.098782, 21.241063, 21.542471, 21.67177 ] }, { "date": "2025-12-05", "close": 20.543066, "volume": 14497130, "typical_volume": 39187718.5, "trend": 21.638373, "fair_value": 25.021344, "relative_strength": -20.320327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.631694, "energy": 60.51301, "activity_lines": [ 20.845286, 21.11231, 21.404483, 21.601506 ] }, { "date": "2025-12-12", "close": 19.792456, "volume": 16089102, "typical_volume": 35000999.8, "trend": 21.599849, "fair_value": 24.920123, "relative_strength": -23.357409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.040056, "energy": 75.546722, "activity_lines": [ 20.424549, 20.854804, 21.201075, 21.482414 ] }, { "date": "2025-12-19", "close": 19.822083, "volume": 12731714, "typical_volume": 31483525.35, "trend": 21.56594, "fair_value": 24.763182, "relative_strength": -22.04166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.356425, "energy": 76.2738, "activity_lines": [ 20.142082, 20.625131, 21.02057, 21.36772 ] }, { "date": "2025-12-26", "close": 19.506037, "volume": 14612456, "typical_volume": 28861697.35, "trend": 21.515899, "fair_value": 24.592346, "relative_strength": -25.39427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.90874, "energy": 81.512713, "activity_lines": [ 19.878709, 20.367983, 20.829531, 21.234823 ] }, { "date": "2026-01-02", "close": 19.506037, "volume": 9487967, "typical_volume": 26382302.55, "trend": 21.462895, "fair_value": 24.458683, "relative_strength": -24.453137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.878594, "energy": 80.471645, "activity_lines": [ 19.676571, 20.135976, 20.659797, 21.105154 ] }, { "date": "2026-01-09", "close": 20.167761, "volume": 23202513, "typical_volume": 22929149.7, "trend": 21.43557, "fair_value": 24.37023, "relative_strength": -24.664511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.787602, "energy": 65.182842, "activity_lines": [ 19.787846, 20.06307, 20.575094, 21.021597 ] }, { "date": "2026-01-16", "close": 21.757874, "volume": 76066485, "typical_volume": 23900415.9, "trend": 21.481331, "fair_value": 24.317695, "relative_strength": -19.16112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.271928, "energy": 20.886551, "activity_lines": [ 20.454179, 20.308725, 20.654483, 21.042391 ] }, { "date": "2026-01-23", "close": 21.718367, "volume": 47591917, "typical_volume": 24772472.55, "trend": 21.509973, "fair_value": 24.265811, "relative_strength": -19.719629, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.136569, "energy": 16.461996, "activity_lines": [ 20.976315, 20.546479, 20.731378, 21.057684 ] }, { "date": "2026-01-30", "close": 21.175161, "volume": 209490887, "typical_volume": 33890466.8, "trend": 21.509973, "fair_value": 24.213035, "relative_strength": -19.91672, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.625773, "energy": 22.868913, "activity_lines": [ 21.190964, 20.684929, 20.755787, 21.036083 ] }, { "date": "2026-02-06", "close": 20.355413, "volume": 49507962, "typical_volume": 35149298.7, "trend": 21.472772, "fair_value": 24.151209, "relative_strength": -20.850418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.560019, "energy": 22.890858, "activity_lines": [ 21.021088, 20.660687, 20.704947, 20.961595 ] }, { "date": "2026-02-13", "close": 19.871468, "volume": 27436787, "typical_volume": 35432374.4, "trend": 21.407916, "fair_value": 24.082064, "relative_strength": -23.122424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.752548, "energy": 17.55827, "activity_lines": [ 20.633272, 20.558331, 20.612437, 20.858285 ] }, { "date": "2026-02-27", "close": 20.049242, "volume": 18884635, "typical_volume": 36070864.1, "trend": 21.275901, "fair_value": 24.001647, "relative_strength": -23.874744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.078797, "energy": 28.17046, "activity_lines": [ 20.324467, 20.500508, 20.542079, 20.770629 ] }, { "date": "2026-03-06", "close": 19.219618, "volume": 27830149, "typical_volume": 36922629.25, "trend": 21.118865, "fair_value": 23.916937, "relative_strength": -24.741127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.672939, "energy": 51.102723, "activity_lines": [ 19.85303, 20.287176, 20.397365, 20.637966 ] }, { "date": "2026-03-13", "close": 19.041843, "volume": 21130388, "typical_volume": 37030041.35, "trend": 20.954257, "fair_value": 23.838497, "relative_strength": -25.377243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.694172, "energy": 64.746172, "activity_lines": [ 19.488917, 20.052475, 20.246443, 20.503964 ] }, { "date": "2026-03-20", "close": 19.496161, "volume": 30267505, "typical_volume": 37617088.0, "trend": 20.799855, "fair_value": 23.766343, "relative_strength": -20.703851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.432473, "energy": 60.864118, "activity_lines": [ 19.418466, 19.908817, 20.147584, 20.409893 ] }, { "date": "2026-03-27", "close": 18.350489, "volume": 26996677, "typical_volume": 36813814.35, "trend": 20.65072, "fair_value": 23.691484, "relative_strength": -24.134551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.662581, "energy": 68.221748, "activity_lines": [ 19.023406, 19.557035, 19.94982, 20.25187 ] }, { "date": "2026-04-03", "close": 17.580124, "volume": 21551100, "typical_volume": 36149439.8, "trend": 20.502573, "fair_value": 23.615905, "relative_strength": -24.414362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.642358, "energy": 72.886255, "activity_lines": [ 18.472958, 19.098228, 19.695054, 20.053767 ] }, { "date": "2026-04-10", "close": 17.738146, "volume": 17301894, "typical_volume": 35286869.4, "trend": 20.375166, "fair_value": 23.53953, "relative_strength": -28.052092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.559606, "energy": 70.013746, "activity_lines": [ 18.139791, 18.744111, 19.475043, 19.875417 ] }, { "date": "2026-04-17", "close": 17.560371, "volume": 20432726, "typical_volume": 35119662.5, "trend": 20.23492, "fair_value": 23.464668, "relative_strength": -30.834201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.782211, "energy": 74.001972, "activity_lines": [ 17.84613, 18.430039, 19.256914, 19.693817 ] }, { "date": "2026-04-24", "close": 18.449253, "volume": 38045133, "typical_volume": 36157756.35, "trend": 20.140435, "fair_value": 23.391948, "relative_strength": -26.927313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.297287, "energy": 65.55337, "activity_lines": [ 17.947528, 18.343306, 19.13708, 19.578613 ] }, { "date": "2026-05-01", "close": 18.064072, "volume": 21849098, "typical_volume": 36525354.75, "trend": 20.043646, "fair_value": 23.325315, "relative_strength": -28.556973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.338996, "energy": 48.053555, "activity_lines": [ 17.990327, 18.221197, 18.992225, 19.444654 ] }, { "date": "2026-05-08", "close": 18.893694, "volume": 16345188, "typical_volume": 36538159.05, "trend": 19.972535, "fair_value": 23.269542, "relative_strength": -26.791564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.200438, "energy": 38.910714, "activity_lines": [ 18.32876, 18.28279, 18.938186, 19.370463 ] }, { "date": "2026-05-15", "close": 18.350489, "volume": 49436528, "typical_volume": 38373399.75, "trend": 19.868503, "fair_value": 23.205829, "relative_strength": -28.193257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.114384, "energy": 27.938636, "activity_lines": [ 18.398554, 18.266628, 18.836694, 19.265815 ] }, { "date": "2026-05-22", "close": 17.728271, "volume": 21104889, "typical_volume": 38698021.4, "trend": 19.763154, "fair_value": 23.142224, "relative_strength": -30.033055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.648946, "energy": 34.216613, "activity_lines": [ 18.220119, 18.153139, 18.68295, 19.127736 ] }, { "date": "2026-05-29", "close": 17.550495, "volume": 31450474, "typical_volume": 39796146.75, "trend": 19.626859, "fair_value": 23.080974, "relative_strength": -29.864041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.304035, "energy": 38.46603, "activity_lines": [ 17.971232, 18.031209, 18.520741, 18.984983 ] }, { "date": "2026-06-05", "close": 18.49, "volume": 26563831, "typical_volume": 39964212.65, "trend": 19.516942, "fair_value": 23.017647, "relative_strength": -24.048573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.922373, "energy": 32.80624, "activity_lines": [ 18.095431, 18.115475, 18.45732, 18.911638 ] }, { "date": "2026-06-12", "close": 19.75, "volume": 29441692, "typical_volume": 37632973.0, "trend": 19.45133, "fair_value": 22.959272, "relative_strength": -16.206295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.178301, "energy": 11.426696, "activity_lines": [ 18.611234, 18.426294, 18.521889, 18.926674 ] }, { "date": "2026-06-19", "close": 19.35, "volume": 105543697, "typical_volume": 40530562.0, "trend": 19.373372, "fair_value": 22.896924, "relative_strength": -22.549987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.930882, "energy": 9.961234, "activity_lines": [ 18.936617, 18.624935, 18.557924, 18.920136 ] }, { "date": "2026-06-26", "close": 17.299999, "volume": 13170792, "typical_volume": 30714557.25, "trend": 19.26922, "fair_value": 22.831113, "relative_strength": -28.838532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.317083, "energy": 18.398365, "activity_lines": [ 18.512033, 18.421541, 18.409998, 18.78637 ] }, { "date": "2026-07-03", "close": 17.23, "volume": 7971096, "typical_volume": 28637713.95, "trend": 19.146933, "fair_value": 22.769938, "relative_strength": -27.467519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.504904, "energy": 25.369619, "activity_lines": [ 18.092666, 18.210154, 18.27386, 18.654808 ] }, { "date": "2026-07-10", "close": 16.84, "volume": 40103230, "typical_volume": 29271036.1, "trend": 19.023497, "fair_value": 22.711652, "relative_strength": -25.673324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.204001, "energy": 48.796883, "activity_lines": [ 17.564666, 17.950026, 18.115461, 18.505973 ] }, { "date": "2026-07-17", "close": 16.73, "volume": 48993439, "typical_volume": 30776476.3, "trend": 18.921416, "fair_value": 22.655785, "relative_strength": -18.118315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.992879, "energy": 62.321417, "activity_lines": [ 17.11, 17.692155, 17.961021, 18.358006 ] }, { "date": "2026-07-24", "close": 15.69, "volume": 40069237, "typical_volume": 31388430.7, "trend": 18.78368, "fair_value": 22.59368, "relative_strength": -22.729061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.891043, "energy": 72.536186, "activity_lines": [ 16.51, 17.284532, 17.72334, 18.149527 ] }, { "date": "2026-07-31", "close": 17.440001, "volume": 43724623, "typical_volume": 32518142.45, "trend": 18.714812, "fair_value": 22.540159, "relative_strength": -11.877403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.385383, "energy": 57.173835, "activity_lines": [ 16.737334, 17.243464, 17.669134, 18.062838 ] }, { "date": "2026-08-07", "close": 17.52, "volume": 30915777, "typical_volume": 32550556.05, "trend": 18.64861, "fair_value": 22.486661, "relative_strength": -14.932065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.709533, "energy": 34.938173, "activity_lines": [ 16.982, 17.222182, 17.630174, 17.985754 ] } ], "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." } } }