{ "ticker": { "uuid": "f3e0348a-9765-4109-a0ef-c34bb27d3474", "symbol": "300360", "name": "Hangzhou Sunrise Technology Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.69, "architecture_energy": 55.328, "architecture_maturity": 95.338, "architecture_confidence": 67.642, "architecture_tenure": "Established", "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": 15.96, "rotation_up": 27.7, "upward_expansion": 22.5, "deceleration": 66.98, "rotation_down": 46.45, "downward_expansion": 72.5 }, "activity_lines": [ 12.052667, 12.000364, 12.769307, 13.71129 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 12.31, "trend_reference": 14.998119, "distance_from_trend": -0.17923, "trend_direction": "Weakening", "fair_value": 14.931532, "distance_from_fair_value": -0.17557, "fair_value_direction": "Weakening", "relative_strength": -23.269975, "relative_strength_direction": "Improving", "price_momentum": -0.283469, "excess_performance": -0.290869, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.17923, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.088962, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.17557, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.133826, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.2327, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035196, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.283469, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.786771, "read": "Supply-led" } ], "volume": { "latest": 29758031, "relative_activity": 1.177461, "balance": 0.786771, "dry_up": 1.208438, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.062678, "annualized_volatility": 0.29148, "from_high_reference": -0.411005, "from_low_reference": 0.104036 }, "levels": { "trend_reference": 14.998119, "fair_value_reference": 14.931532, "structural_low": 11.15, "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": 14, "median_return": 0.030739, "positive_rate": 0.642857, "directional_follow_through": 0.357143, "median_excess_return": -0.004859, "regime_survival": 0.714286, "best_return": 0.364416, "worst_return": -0.109141, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.092437, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.026875, "regime_survival": 0.2, "best_return": 0.621295, "worst_return": -0.023474, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.291617, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.059429, "regime_survival": 0.0, "best_return": 0.835692, "worst_return": 0.013222, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.246274, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.136614, "regime_survival": 0.333333, "best_return": 1.258142, "worst_return": -0.076382, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": 0.098101, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": 0.02378, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-31", "tenure": "Developing", "return": -0.013707, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.086527, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": -0.048766, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.011349, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-07-18", "tenure": "Developing", "return": 0.033072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.045062, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.075326, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-12-19", "tenure": "Established", "return": 0.10194, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-20", "tenure": "Developing", "return": -0.049943, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.064624, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": -0.085381, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.126177, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.607619, "volume": 61345411, "typical_volume": 84164627.95, "trend": 15.026882, "fair_value": 10.334435, "relative_strength": 7.080116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.001411, "energy": 10.409934, "activity_lines": [ 15.808731, 16.077879, 15.800946, 15.440765 ] }, { "date": "2023-08-04", "close": 14.754245, "volume": 35740044, "typical_volume": 82762168.25, "trend": 15.079407, "fair_value": 10.372207, "relative_strength": 6.183483, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.554581, "energy": 12.479023, "activity_lines": [ 15.378017, 15.815951, 15.750536, 15.423176 ] }, { "date": "2023-08-11", "close": 14.360188, "volume": 26329198, "typical_volume": 79213368.45, "trend": 15.117288, "fair_value": 10.409246, "relative_strength": 6.811678, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.218875, "energy": 22.579909, "activity_lines": [ 14.924698, 15.500039, 15.654834, 15.376774 ] }, { "date": "2023-08-18", "close": 13.801175, "volume": 28832291, "typical_volume": 78264157.65, "trend": 15.078869, "fair_value": 10.440069, "relative_strength": 5.397835, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.459086, "energy": 43.361517, "activity_lines": [ 14.416394, 15.131307, 15.506477, 15.291864 ] }, { "date": "2023-08-25", "close": 14.424336, "volume": 42221688, "typical_volume": 77953122.25, "trend": 15.06877, "fair_value": 10.47707, "relative_strength": 12.896336, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.037917, "energy": 44.854605, "activity_lines": [ 14.301537, 14.911868, 15.417609, 15.249636 ] }, { "date": "2023-09-01", "close": 14.635112, "volume": 46898063, "typical_volume": 77972724.95, "trend": 15.04728, "fair_value": 10.514807, "relative_strength": 10.271228, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.254745, "energy": 42.478188, "activity_lines": [ 14.383403, 14.777405, 15.343184, 15.221658 ] }, { "date": "2023-09-08", "close": 14.552634, "volume": 29902206, "typical_volume": 75872947.05, "trend": 15.014588, "fair_value": 10.553304, "relative_strength": 10.895269, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.013111, "energy": 31.596705, "activity_lines": [ 14.435944, 14.655939, 15.252889, 15.189745 ] }, { "date": "2023-09-15", "close": 13.773684, "volume": 26095119, "typical_volume": 69823950.9, "trend": 14.975253, "fair_value": 10.581877, "relative_strength": 5.853729, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.46804, "energy": 28.498692, "activity_lines": [ 14.242276, 14.426169, 15.085962, 15.109687 ] }, { "date": "2023-09-22", "close": 13.672877, "volume": 22000488, "typical_volume": 68782300.9, "trend": 14.913235, "fair_value": 10.611541, "relative_strength": 4.32265, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.607306, "energy": 33.563893, "activity_lines": [ 14.054106, 14.224558, 14.916866, 15.025663 ] }, { "date": "2023-09-29", "close": 14.01195, "volume": 25307173, "typical_volume": 62395373.4, "trend": 14.899957, "fair_value": 10.641417, "relative_strength": 7.182916, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.716756, "energy": 35.993803, "activity_lines": [ 13.987513, 14.137582, 14.785212, 14.967515 ] }, { "date": "2023-10-13", "close": 14.094429, "volume": 33751686, "typical_volume": 56050562.65, "trend": 14.925054, "fair_value": 10.67143, "relative_strength": 7.747718, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -54.671834, "energy": 47.729408, "activity_lines": [ 13.975905, 14.107591, 14.671463, 14.915546 ] }, { "date": "2023-10-20", "close": 13.168851, "volume": 23416868, "typical_volume": 51719637.85, "trend": 14.926544, "fair_value": 10.701505, "relative_strength": 5.345564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.618821, "energy": 60.972041, "activity_lines": [ 13.691817, 13.918643, 14.477881, 14.802242 ] }, { "date": "2023-10-27", "close": 13.068046, "volume": 47357927, "typical_volume": 49509964.85, "trend": 14.879387, "fair_value": 10.731325, "relative_strength": 2.101282, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.168861, "energy": 65.548463, "activity_lines": [ 13.46638, 13.740193, 14.286875, 14.682339 ] }, { "date": "2023-11-03", "close": 12.738137, "volume": 42568993, "typical_volume": 47588415.05, "trend": 14.842971, "fair_value": 10.757126, "relative_strength": -1.573287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.465643, "energy": 78.716642, "activity_lines": [ 13.178015, 13.525252, 14.083387, 14.544194 ] }, { "date": "2023-11-10", "close": 12.738137, "volume": 45993563, "typical_volume": 46179791.85, "trend": 14.826179, "fair_value": 10.778444, "relative_strength": -3.243276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.588596, "energy": 80.684026, "activity_lines": [ 12.951967, 13.32964, 13.894388, 14.408398 ] }, { "date": "2023-11-17", "close": 13.54458, "volume": 55297795, "typical_volume": 46080355.85, "trend": 14.84593, "fair_value": 10.804765, "relative_strength": 2.592746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.238796, "energy": 67.697003, "activity_lines": [ 13.079653, 13.311312, 13.802441, 14.325714 ] }, { "date": "2023-11-24", "close": 12.70148, "volume": 40979495, "typical_volume": 45441673.5, "trend": 14.801348, "fair_value": 10.823776, "relative_strength": -2.152871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.545736, "energy": 62.062575, "activity_lines": [ 12.962963, 13.15952, 13.642724, 14.187363 ] }, { "date": "2023-12-01", "close": 13.068046, "volume": 43305107, "typical_volume": 44571492.95, "trend": 14.725811, "fair_value": 10.846257, "relative_strength": 1.90833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.038702, "energy": 47.471785, "activity_lines": [ 12.99962, 13.108035, 13.53546, 14.075537 ] }, { "date": "2023-12-08", "close": 12.069156, "volume": 30210831, "typical_volume": 40925262.35, "trend": 14.636301, "fair_value": 10.864352, "relative_strength": -4.066327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.118555, "energy": 55.749044, "activity_lines": [ 12.703313, 12.887762, 13.348599, 13.90414 ] }, { "date": "2023-12-15", "close": 12.362408, "volume": 27201007, "typical_volume": 36737747.65, "trend": 14.510976, "fair_value": 10.885784, "relative_strength": -0.022891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.184375, "energy": 57.303124, "activity_lines": [ 12.549356, 12.749967, 13.211181, 13.757437 ] }, { "date": "2023-12-22", "close": 11.950023, "volume": 27525862, "typical_volume": 35046770.2, "trend": 14.381265, "fair_value": 10.906869, "relative_strength": -1.910244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.034051, "energy": 72.406999, "activity_lines": [ 12.282986, 12.567185, 13.053339, 13.592214 ] }, { "date": "2023-12-29", "close": 12.518197, "volume": 22785552, "typical_volume": 34399045.6, "trend": 14.27435, "fair_value": 10.931035, "relative_strength": -0.863056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.945613, "energy": 62.474533, "activity_lines": [ 12.312311, 12.526696, 12.962265, 13.472016 ] }, { "date": "2024-01-05", "close": 12.866434, "volume": 32803324, "typical_volume": 34722751.9, "trend": 14.135056, "fair_value": 10.959507, "relative_strength": 5.914482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.928323, "energy": 45.076887, "activity_lines": [ 12.469933, 12.561353, 12.915005, 13.381183 ] }, { "date": "2024-01-12", "close": 12.518197, "volume": 34904605, "typical_volume": 35026367.6, "trend": 14.026308, "fair_value": 10.989052, "relative_strength": 4.131141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.607463, "energy": 38.971161, "activity_lines": [ 12.524918, 12.536359, 12.841692, 13.276869 ] }, { "date": "2024-01-19", "close": 13.663714, "volume": 109871679, "typical_volume": 38408867.15, "trend": 13.915422, "fair_value": 11.02566, "relative_strength": 15.714197, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.906787, "energy": 16.112473, "activity_lines": [ 12.931805, 12.723641, 12.883585, 13.253476 ] }, { "date": "2024-01-26", "close": 13.828669, "volume": 66173612, "typical_volume": 39372644.6, "trend": 13.837221, "fair_value": 11.064389, "relative_strength": 16.956872, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.413145, "energy": 16.433263, "activity_lines": [ 13.306924, 12.924085, 12.94481, 13.247879 ] }, { "date": "2024-02-02", "close": 12.554854, "volume": 67542949, "typical_volume": 41254681.75, "trend": 13.709535, "fair_value": 11.09641, "relative_strength": 14.957315, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.405924, "energy": 19.177886, "activity_lines": [ 13.132194, 12.887762, 12.88856, 13.165146 ] }, { "date": "2024-02-09", "close": 14.186069, "volume": 41935183, "typical_volume": 42046684.95, "trend": 13.638054, "fair_value": 11.139784, "relative_strength": 18.059817, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.213494, "energy": 14.928034, "activity_lines": [ 13.49876, 13.150689, 12.997176, 13.19589 ] }, { "date": "2024-02-23", "close": 14.27771, "volume": 50281793, "typical_volume": 43460750.2, "trend": 13.561076, "fair_value": 11.183913, "relative_strength": 15.111928, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.734049, "energy": 23.362779, "activity_lines": [ 13.807896, 13.409951, 13.112557, 13.237158 ] }, { "date": "2024-03-01", "close": 15.798955, "volume": 81392594, "typical_volume": 46265021.25, "trend": 13.543664, "fair_value": 11.240707, "relative_strength": 21.762743, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.66166, "energy": 51.123118, "activity_lines": [ 14.506813, 13.905647, 13.369938, 13.381537 ] }, { "date": "2024-03-08", "close": 16.669546, "volume": 71303297, "typical_volume": 48142601.8, "trend": 13.612395, "fair_value": 11.304874, "relative_strength": 28.54391, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.781326, "energy": 71.156665, "activity_lines": [ 15.353578, 14.497149, 13.701723, 13.583207 ] }, { "date": "2024-03-15", "close": 15.863104, "volume": 67095362, "typical_volume": 50326526.5, "trend": 13.649357, "fair_value": 11.362303, "relative_strength": 18.508854, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.704569, "energy": 76.141612, "activity_lines": [ 15.742137, 14.856216, 13.944441, 13.728414 ] }, { "date": "2024-03-22", "close": 15.07499, "volume": 58187562, "typical_volume": 50868008.25, "trend": 13.673183, "fair_value": 11.412775, "relative_strength": 12.539434, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.838118, "energy": 71.153688, "activity_lines": [ 15.647442, 15.011173, 14.099271, 13.820391 ] }, { "date": "2024-03-29", "close": 15.230781, "volume": 45481023, "typical_volume": 51013609.75, "trend": 13.720837, "fair_value": 11.46419, "relative_strength": 14.97391, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.343326, "energy": 56.214589, "activity_lines": [ 15.545415, 15.154301, 14.259382, 13.920881 ] }, { "date": "2024-04-05", "close": 13.43461, "volume": 70323907, "typical_volume": 52230126.95, "trend": 13.687846, "fair_value": 11.502635, "relative_strength": -0.335465, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.150065, "energy": 20.359469, "activity_lines": [ 14.781127, 14.921532, 14.236559, 13.902415 ] }, { "date": "2024-04-12", "close": 13.370462, "volume": 76176691, "typical_volume": 53274071.75, "trend": 13.645691, "fair_value": 11.542013, "relative_strength": 2.215942, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.391203, "energy": 18.015873, "activity_lines": [ 14.153078, 14.681265, 14.20431, 13.881938 ] }, { "date": "2024-04-19", "close": 14.167742, "volume": 102034446, "typical_volume": 56326819.3, "trend": 13.632861, "fair_value": 11.585885, "relative_strength": 7.102362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.245755, "energy": 19.836731, "activity_lines": [ 14.010729, 14.59429, 14.248822, 13.915619 ] }, { "date": "2024-04-26", "close": 13.34297, "volume": 67947774, "typical_volume": 57558952.65, "trend": 13.618504, "fair_value": 11.621389, "relative_strength": -1.513333, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.702381, "energy": 19.09999, "activity_lines": [ 13.70648, 14.32803, 14.207801, 13.896916 ] }, { "date": "2024-05-03", "close": 13.297149, "volume": 22910986, "typical_volume": 57193960.4, "trend": 13.60598, "fair_value": 11.658784, "relative_strength": -3.321901, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.996931, "energy": 19.422931, "activity_lines": [ 13.502426, 14.068769, 14.161108, 13.876184 ] }, { "date": "2024-05-10", "close": 14.27771, "volume": 69278575, "typical_volume": 59297838.8, "trend": 13.614839, "fair_value": 11.705658, "relative_strength": 2.112789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.45104, "energy": 11.750151, "activity_lines": [ 13.754133, 14.005619, 14.201954, 13.919521 ] }, { "date": "2024-05-17", "close": 14.680932, "volume": 73111559, "typical_volume": 61577123.65, "trend": 13.634389, "fair_value": 11.755285, "relative_strength": 4.962252, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.202294, "energy": 15.110871, "activity_lines": [ 14.084042, 14.043442, 14.272081, 13.988301 ] }, { "date": "2024-05-24", "close": 14.141747, "volume": 38864213, "typical_volume": 62381056.7, "trend": 13.666818, "fair_value": 11.802521, "relative_strength": 4.113582, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.987716, "energy": 13.107968, "activity_lines": [ 14.146857, 14.019388, 14.277853, 14.021034 ] }, { "date": "2024-05-31", "close": 13.924182, "volume": 51389720, "typical_volume": 63310376.5, "trend": 13.695356, "fair_value": 11.849425, "relative_strength": 3.090145, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.566057, "energy": 15.854383, "activity_lines": [ 14.138884, 13.987074, 14.255174, 14.037638 ] }, { "date": "2024-06-07", "close": 13.299866, "volume": 36547118, "typical_volume": 63392502.15, "trend": 13.714081, "fair_value": 11.891824, "relative_strength": -0.369685, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.651079, "energy": 6.62755, "activity_lines": [ 13.884058, 13.862172, 14.167999, 14.012123 ] }, { "date": "2024-06-14", "close": 13.593104, "volume": 18807383, "typical_volume": 58839287.35, "trend": 13.74258, "fair_value": 11.935364, "relative_strength": 1.974423, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.931238, "energy": 16.665738, "activity_lines": [ 13.726797, 13.825693, 14.105029, 14.004318 ] }, { "date": "2024-06-21", "close": 15.655246, "volume": 112199151, "typical_volume": 61140564.3, "trend": 13.812935, "fair_value": 11.99338, "relative_strength": 19.449965, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.227676, "energy": 20.831649, "activity_lines": [ 14.302557, 14.161267, 14.238789, 14.127716 ] }, { "date": "2024-06-28", "close": 16.080919, "volume": 66931079, "typical_volume": 61109970.8, "trend": 13.925583, "fair_value": 12.053496, "relative_strength": 25.171084, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.208706, "energy": 50.066782, "activity_lines": [ 14.955254, 14.532695, 14.404392, 14.274037 ] }, { "date": "2024-07-05", "close": 14.907957, "volume": 50919539, "typical_volume": 61559188.6, "trend": 13.986913, "fair_value": 12.104893, "relative_strength": 17.692185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.189525, "energy": 49.781243, "activity_lines": [ 15.087685, 14.656073, 14.441494, 14.337416 ] }, { "date": "2024-07-12", "close": 15.267412, "volume": 60467066, "typical_volume": 62068452.25, "trend": 14.093522, "fair_value": 12.158023, "relative_strength": 18.000589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.729454, "energy": 53.975823, "activity_lines": [ 15.274349, 14.816351, 14.509392, 14.420029 ] }, { "date": "2024-07-19", "close": 14.340394, "volume": 44843450, "typical_volume": 60240995.05, "trend": 14.159455, "fair_value": 12.204125, "relative_strength": 10.063224, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.717617, "energy": 44.535818, "activity_lines": [ 15.020838, 14.772258, 14.48429, 14.435956 ] }, { "date": "2024-07-26", "close": 13.37554, "volume": 31883655, "typical_volume": 58270012.95, "trend": 14.206972, "fair_value": 12.243814, "relative_strength": 6.230446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 0.31766, "energy": 4.335268, "activity_lines": [ 14.39589, 14.551597, 14.374242, 14.385381 ] }, { "date": "2024-08-02", "close": 13.34716, "volume": 29527345, "typical_volume": 56391612.1, "trend": 14.234604, "fair_value": 12.284863, "relative_strength": 6.474873, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.587931, "energy": 20.061748, "activity_lines": [ 13.913462, 14.34951, 14.277177, 14.329909 ] }, { "date": "2024-08-09", "close": 12.864735, "volume": 29572034, "typical_volume": 54960835.7, "trend": 14.234548, "fair_value": 12.319278, "relative_strength": 4.284268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.461343, "energy": 35.914362, "activity_lines": [ 13.452476, 14.074157, 14.146148, 14.241531 ] }, { "date": "2024-08-16", "close": 12.836355, "volume": 22418640, "typical_volume": 53807716.55, "trend": 14.245153, "fair_value": 12.353167, "relative_strength": 4.294141, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.520773, "energy": 62.489557, "activity_lines": [ 13.118245, 13.812906, 14.02294, 14.151325 ] }, { "date": "2024-08-23", "close": 12.249875, "volume": 16961335, "typical_volume": 51139587.95, "trend": 14.198025, "fair_value": 12.378155, "relative_strength": 1.349105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.167527, "energy": 73.073425, "activity_lines": [ 12.750591, 13.45345, 13.85528, 14.022597 ] }, { "date": "2024-08-30", "close": 13.356621, "volume": 51783855, "typical_volume": 49919946.15, "trend": 14.18229, "fair_value": 12.406009, "relative_strength": 7.907338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.773746, "energy": 60.975056, "activity_lines": [ 12.89122, 13.319643, 13.798666, 13.968313 ] }, { "date": "2024-09-06", "close": 13.053922, "volume": 30963398, "typical_volume": 46366393.75, "trend": 14.198925, "fair_value": 12.434894, "relative_strength": 8.031192, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.100619, "energy": 47.301917, "activity_lines": [ 12.932211, 13.172593, 13.713289, 13.895515 ] }, { "date": "2024-09-13", "close": 12.845815, "volume": 18958784, "typical_volume": 43916944.25, "trend": 14.15425, "fair_value": 12.45776, "relative_strength": 7.975379, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.4235, "energy": 37.392296, "activity_lines": [ 12.923382, 13.042742, 13.613396, 13.808218 ] }, { "date": "2024-09-20", "close": 12.685006, "volume": 16462104, "typical_volume": 43594500.15, "trend": 14.10116, "fair_value": 12.481995, "relative_strength": 5.203228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.392226, "energy": 35.998703, "activity_lines": [ 12.862212, 12.921146, 13.500555, 13.713428 ] }, { "date": "2024-09-27", "close": 14.094451, "volume": 57580128, "typical_volume": 43009577.8, "trend": 14.044343, "fair_value": 12.515036, "relative_strength": -0.952488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.104689, "energy": 17.74526, "activity_lines": [ 13.280946, 13.102766, 13.524862, 13.712995 ] }, { "date": "2024-10-04", "close": 15.787678, "volume": 29371343, "typical_volume": 40822567.0, "trend": 14.014948, "fair_value": 12.562074, "relative_strength": 0.052279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.141323, "energy": 23.027106, "activity_lines": [ 14.141118, 13.596717, 13.711302, 13.825468 ] }, { "date": "2024-10-11", "close": 14.945793, "volume": 96643428, "typical_volume": 43711527.75, "trend": 13.984371, "fair_value": 12.6072, "relative_strength": -0.993935, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.572812, "energy": 26.761817, "activity_lines": [ 14.55859, 13.893741, 13.812292, 13.885522 ] }, { "date": "2024-10-18", "close": 15.579571, "volume": 52984312, "typical_volume": 43791257.35, "trend": 14.00119, "fair_value": 12.658674, "relative_strength": 0.111919, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.247016, "energy": 39.139948, "activity_lines": [ 15.061198, 14.276931, 13.969813, 13.988439 ] }, { "date": "2024-10-25", "close": 16.411995, "volume": 93688680, "typical_volume": 46648335.45, "trend": 14.040564, "fair_value": 12.715999, "relative_strength": 2.634915, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.882474, "energy": 75.685798, "activity_lines": [ 15.65903, 14.76211, 14.198729, 14.143974 ] }, { "date": "2024-11-01", "close": 15.513356, "volume": 62961335, "typical_volume": 48856033.05, "trend": 14.109856, "fair_value": 12.767906, "relative_strength": -1.643658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.646937, "energy": 67.940208, "activity_lines": [ 15.708849, 15.018889, 14.327242, 14.238993 ] }, { "date": "2024-11-08", "close": 16.421455, "volume": 75408311, "typical_volume": 47016491.05, "trend": 14.211555, "fair_value": 12.825577, "relative_strength": -2.694943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.281446, "energy": 71.246998, "activity_lines": [ 15.966775, 15.381441, 14.533095, 14.388129 ] }, { "date": "2024-11-15", "close": 16.50659, "volume": 91894119, "typical_volume": 48264643.05, "trend": 14.289517, "fair_value": 12.887222, "relative_strength": 1.231542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.945051, "energy": 64.347493, "activity_lines": [ 16.210827, 15.703747, 14.743409, 14.536195 ] }, { "date": "2024-11-22", "close": 15.957947, "volume": 55550494, "typical_volume": 48496190.8, "trend": 14.376683, "fair_value": 12.945921, "relative_strength": 0.556894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.362819, "energy": 44.084638, "activity_lines": [ 16.167944, 15.863525, 14.899443, 14.643836 ] }, { "date": "2024-11-29", "close": 15.891729, "volume": 43418006, "typical_volume": 47643737.8, "trend": 14.463169, "fair_value": 13.002082, "relative_strength": -1.749812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.289232, "energy": 41.691333, "activity_lines": [ 16.077765, 15.954678, 15.044171, 14.741581 ] }, { "date": "2024-12-06", "close": 15.995781, "volume": 46862235, "typical_volume": 47744677.05, "trend": 14.520438, "fair_value": 13.055653, "relative_strength": -2.921492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.899053, "energy": 36.662993, "activity_lines": [ 16.056953, 16.006446, 15.195836, 14.840459 ] }, { "date": "2024-12-13", "close": 15.882271, "volume": 63100780, "typical_volume": 49305533.3, "trend": 14.560482, "fair_value": 13.104439, "relative_strength": -3.173535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.84899, "energy": 27.357008, "activity_lines": [ 15.966143, 16.003007, 15.328808, 14.928319 ] }, { "date": "2024-12-20", "close": 16.063133, "volume": 42187927, "typical_volume": 49938562.4, "trend": 14.624529, "fair_value": 13.133873, "relative_strength": -1.696196, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.26895, "energy": 25.992499, "activity_lines": [ 15.971566, 16.030731, 15.467068, 15.025265 ] }, { "date": "2024-12-27", "close": 16.283306, "volume": 54838442, "typical_volume": 51201882.8, "trend": 14.703166, "fair_value": 13.159633, "relative_strength": -0.761654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.99892, "energy": 31.621147, "activity_lines": [ 16.079944, 16.078172, 15.613363, 15.132283 ] }, { "date": "2025-01-03", "close": 15.335602, "volume": 54299183, "typical_volume": 52795909.95, "trend": 14.771024, "fair_value": 13.185089, "relative_strength": 0.371625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.597805, "energy": 21.660298, "activity_lines": [ 15.85073, 15.940507, 15.653122, 15.173085 ] }, { "date": "2025-01-10", "close": 15.622784, "volume": 54823425, "typical_volume": 54689014.45, "trend": 14.83868, "fair_value": 13.215815, "relative_strength": 3.071778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.646015, "energy": 20.918688, "activity_lines": [ 15.754319, 15.874628, 15.708331, 15.228037 ] }, { "date": "2025-01-17", "close": 16.139715, "volume": 53644788, "typical_volume": 54782061.1, "trend": 14.854829, "fair_value": 13.234426, "relative_strength": 2.402818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.469504, "energy": 23.108037, "activity_lines": [ 15.855084, 15.900747, 15.796709, 15.311975 ] }, { "date": "2025-01-24", "close": 16.178005, "volume": 43690550, "typical_volume": 55418418.7, "trend": 14.858065, "fair_value": 13.262426, "relative_strength": 1.314148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.864377, "energy": 26.22738, "activity_lines": [ 15.95145, 15.938951, 15.875482, 15.397341 ] }, { "date": "2025-01-31", "close": 15.842958, "volume": 8313751, "typical_volume": 54886167.05, "trend": 14.889232, "fair_value": 13.293476, "relative_strength": 0.573726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.347074, "energy": 26.551788, "activity_lines": [ 15.928475, 15.922211, 15.907468, 15.460883 ] }, { "date": "2025-02-07", "close": 16.484335, "volume": 47665026, "typical_volume": 56446313.15, "trend": 14.929796, "fair_value": 13.33401, "relative_strength": 0.490054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.94859, "energy": 38.726423, "activity_lines": [ 16.148649, 16.024176, 15.986266, 15.563792 ] }, { "date": "2025-02-14", "close": 16.551346, "volume": 87202651, "typical_volume": 57927439.3, "trend": 15.003494, "fair_value": 13.377886, "relative_strength": -0.645157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.620958, "energy": 47.288449, "activity_lines": [ 16.314578, 16.12755, 16.053354, 15.668409 ] }, { "date": "2025-02-21", "close": 17.613924, "volume": 146614770, "typical_volume": 63789610.65, "trend": 15.144774, "fair_value": 13.428231, "relative_strength": 3.369976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.509119, "energy": 68.518159, "activity_lines": [ 16.772795, 16.414019, 16.20994, 15.836823 ] }, { "date": "2025-02-28", "close": 16.340744, "volume": 81085079, "typical_volume": 63011693.2, "trend": 15.24456, "fair_value": 13.472301, "relative_strength": -0.500348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.087415, "energy": 55.060697, "activity_lines": [ 16.708339, 16.437516, 16.236575, 15.913983 ] }, { "date": "2025-03-07", "close": 16.541771, "volume": 54800856, "typical_volume": 63102520.4, "trend": 15.367128, "fair_value": 13.522344, "relative_strength": -1.12406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.209946, "energy": 42.274235, "activity_lines": [ 16.700042, 16.492516, 16.275713, 15.997674 ] }, { "date": "2025-03-14", "close": 17.546915, "volume": 71046699, "typical_volume": 61970421.35, "trend": 15.524146, "fair_value": 13.576202, "relative_strength": 3.665441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.183919, "energy": 52.207712, "activity_lines": [ 16.980206, 16.725569, 16.405996, 16.138305 ] }, { "date": "2025-03-21", "close": 16.800238, "volume": 52383281, "typical_volume": 61441518.65, "trend": 15.675825, "fair_value": 13.623217, "relative_strength": 1.959425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.68838, "energy": 33.83851, "activity_lines": [ 16.940638, 16.782658, 16.459763, 16.220634 ] }, { "date": "2025-03-28", "close": 17.010839, "volume": 57691290, "typical_volume": 60555667.6, "trend": 15.797632, "fair_value": 13.671981, "relative_strength": 4.039662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.401112, "energy": 35.141459, "activity_lines": [ 16.954679, 16.85663, 16.52746, 16.306764 ] }, { "date": "2025-04-04", "close": 16.83853, "volume": 46642261, "typical_volume": 58293074.7, "trend": 15.923786, "fair_value": 13.722213, "relative_strength": 5.101733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.500383, "energy": 34.053491, "activity_lines": [ 16.951488, 16.883434, 16.575939, 16.373918 ] }, { "date": "2025-04-11", "close": 15.057989, "volume": 71794107, "typical_volume": 59105255.35, "trend": 15.997525, "fair_value": 13.764173, "relative_strength": -1.035705, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.112168, "energy": 8.03341, "activity_lines": [ 16.321598, 16.574494, 16.453262, 16.31806 ] }, { "date": "2025-04-18", "close": 15.507913, "volume": 34161205, "typical_volume": 58642415.3, "trend": 16.091622, "fair_value": 13.81176, "relative_strength": 2.396731, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.848461, "energy": 20.063563, "activity_lines": [ 15.940602, 16.36163, 16.377721, 16.286473 ] }, { "date": "2025-04-25", "close": 14.75166, "volume": 49622708, "typical_volume": 58780438.95, "trend": 16.113529, "fair_value": 13.855984, "relative_strength": -4.019209, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.843847, "energy": 35.665936, "activity_lines": [ 15.443455, 16.029019, 16.231983, 16.200023 ] }, { "date": "2025-05-02", "close": 15.182436, "volume": 32520030, "typical_volume": 57251401.45, "trend": 16.093354, "fair_value": 13.905713, "relative_strength": -1.224088, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.262565, "energy": 43.325305, "activity_lines": [ 15.226471, 15.807452, 16.133197, 16.139953 ] }, { "date": "2025-05-09", "close": 15.354748, "volume": 35201842, "typical_volume": 56902097.2, "trend": 16.106986, "fair_value": 13.95826, "relative_strength": -2.401678, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.082153, "energy": 60.78106, "activity_lines": [ 15.188819, 15.661424, 16.054153, 16.092301 ] }, { "date": "2025-05-16", "close": 15.220728, "volume": 30576846, "typical_volume": 55689017.4, "trend": 16.095025, "fair_value": 14.011948, "relative_strength": -3.735027, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.31187, "energy": 54.015999, "activity_lines": [ 15.205412, 15.508956, 15.965719, 16.035123 ] }, { "date": "2025-05-23", "close": 15.125, "volume": 27665284, "typical_volume": 54357322.45, "trend": 16.052125, "fair_value": 14.063137, "relative_strength": -3.885693, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.584295, "energy": 41.412028, "activity_lines": [ 15.179246, 15.363101, 15.873227, 15.972541 ] }, { "date": "2025-05-30", "close": 15.183928, "volume": 25568877, "typical_volume": 52894595.05, "trend": 16.041144, "fair_value": 14.115389, "relative_strength": -2.659748, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.815731, "energy": 35.375984, "activity_lines": [ 15.19825, 15.271996, 15.787351, 15.916528 ] }, { "date": "2025-06-06", "close": 15.527679, "volume": 26655959, "typical_volume": 51545153.6, "trend": 16.011351, "fair_value": 14.167045, "relative_strength": -1.961109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.984966, "energy": 27.523095, "activity_lines": [ 15.303021, 15.272778, 15.736303, 15.883401 ] }, { "date": "2025-06-13", "close": 15.203571, "volume": 26641096, "typical_volume": 50692680.9, "trend": 15.967918, "fair_value": 14.20811, "relative_strength": -3.462594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.695887, "energy": 27.419298, "activity_lines": [ 15.276739, 15.241598, 15.657301, 15.831286 ] }, { "date": "2025-06-20", "close": 14.938393, "volume": 23852845, "typical_volume": 51469635.6, "trend": 15.933932, "fair_value": 14.249698, "relative_strength": -3.758109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.948975, "energy": 33.569718, "activity_lines": [ 15.172143, 15.19193, 15.557685, 15.764865 ] }, { "date": "2025-06-27", "close": 15.33125, "volume": 27997484, "typical_volume": 50486258.5, "trend": 15.91525, "fair_value": 14.288638, "relative_strength": -4.378749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.491507, "energy": 25.227656, "activity_lines": [ 15.217321, 15.215866, 15.499791, 15.725983 ] }, { "date": "2025-07-04", "close": 15.449107, "volume": 34074849, "typical_volume": 47829868.4, "trend": 15.897027, "fair_value": 14.328275, "relative_strength": -4.547282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.794147, "energy": 23.597781, "activity_lines": [ 15.288036, 15.264442, 15.458613, 15.695909 ] }, { "date": "2025-07-11", "close": 15.704464, "volume": 40857314, "typical_volume": 42541995.6, "trend": 15.8911, "fair_value": 14.358112, "relative_strength": -4.363205, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.409681, "energy": 18.166401, "activity_lines": [ 15.42619, 15.346765, 15.447003, 15.683485 ] }, { "date": "2025-07-18", "close": 15.724108, "volume": 32281685, "typical_volume": 40101825.9, "trend": 15.8798, "fair_value": 14.384997, "relative_strength": -5.953792, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.350893, "energy": 17.870541, "activity_lines": [ 15.559107, 15.423169, 15.446357, 15.672712 ] }, { "date": "2025-07-25", "close": 15.910715, "volume": 38266256, "typical_volume": 39275095.9, "trend": 15.86738, "fair_value": 14.41122, "relative_strength": -6.851188, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.837789, "energy": 15.418868, "activity_lines": [ 15.719524, 15.526786, 15.466419, 15.674706 ] }, { "date": "2025-08-01", "close": 15.547321, "volume": 36783351, "typical_volume": 37561928.5, "trend": 15.874437, "fair_value": 14.431862, "relative_strength": -7.344397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.454291, "energy": 17.01404, "activity_lines": [ 15.693988, 15.551786, 15.454877, 15.654057 ] }, { "date": "2025-08-08", "close": 15.655356, "volume": 35309928, "typical_volume": 36708260.85, "trend": 15.875523, "fair_value": 14.451339, "relative_strength": -7.705669, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.732063, "energy": 14.70695, "activity_lines": [ 15.690059, 15.58875, 15.463146, 15.639923 ] }, { "date": "2025-08-15", "close": 16.62768, "volume": 76806791, "typical_volume": 37664035.9, "trend": 15.891788, "fair_value": 14.484539, "relative_strength": -6.108559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.810168, "energy": 51.268195, "activity_lines": [ 15.996488, 15.793929, 15.569469, 15.688449 ] }, { "date": "2025-08-22", "close": 16.558929, "volume": 55009448, "typical_volume": 38082395.25, "trend": 15.904486, "fair_value": 14.516485, "relative_strength": -10.426777, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.76875, "energy": 57.776244, "activity_lines": [ 16.218453, 15.966607, 15.671069, 15.731491 ] }, { "date": "2025-08-29", "close": 15.694642, "volume": 90614194, "typical_volume": 39023399.6, "trend": 15.899542, "fair_value": 14.546839, "relative_strength": -18.270475, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.294068, "energy": 34.672716, "activity_lines": [ 16.096667, 15.9575, 15.691688, 15.717952 ] }, { "date": "2025-09-05", "close": 15.311607, "volume": 58545041, "typical_volume": 40242591.4, "trend": 15.860451, "fair_value": 14.569628, "relative_strength": -19.196389, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -11.878974, "energy": 15.734342, "activity_lines": [ 15.861607, 15.865, 15.672795, 15.680021 ] }, { "date": "2025-09-12", "close": 15.282144, "volume": 45910258, "typical_volume": 40056968.9, "trend": 15.818144, "fair_value": 14.586307, "relative_strength": -21.002797, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.9816, "energy": 17.730027, "activity_lines": [ 15.632441, 15.7675, 15.652031, 15.642711 ] }, { "date": "2025-09-19", "close": 15.449107, "volume": 52657636, "typical_volume": 41063849.2, "trend": 15.745984, "fair_value": 14.607829, "relative_strength": -20.639674, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.869759, "energy": 25.515964, "activity_lines": [ 15.48381, 15.703393, 15.644642, 15.618902 ] }, { "date": "2025-09-26", "close": 15.301785, "volume": 49594458, "typical_volume": 41783480.0, "trend": 15.711352, "fair_value": 14.628814, "relative_strength": -21.892857, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.161631, "energy": 32.273326, "activity_lines": [ 15.364643, 15.617143, 15.621952, 15.590244 ] }, { "date": "2025-10-03", "close": 15.233036, "volume": 15629474, "typical_volume": 41036111.4, "trend": 15.667727, "fair_value": 14.643842, "relative_strength": -23.699771, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.628006, "energy": 37.461712, "activity_lines": [ 15.306369, 15.526071, 15.592968, 15.559385 ] }, { "date": "2025-10-10", "close": 15.88125, "volume": 31939866, "typical_volume": 41249840.5, "trend": 15.612205, "fair_value": 14.666276, "relative_strength": -19.121537, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.519507, "energy": 9.98408, "activity_lines": [ 15.49494, 15.565179, 15.625659, 15.573161 ] }, { "date": "2025-10-17", "close": 15.2625, "volume": 71517121, "typical_volume": 43547252.7, "trend": 15.560947, "fair_value": 14.687706, "relative_strength": -17.866335, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.801624, "energy": 14.524227, "activity_lines": [ 15.439286, 15.485714, 15.595821, 15.550599 ] }, { "date": "2025-10-24", "close": 15.33125, "volume": 37917378, "typical_volume": 44110323.65, "trend": 15.504961, "fair_value": 14.715905, "relative_strength": -20.815506, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.377598, "energy": 8.872545, "activity_lines": [ 15.407857, 15.425893, 15.572156, 15.53578 ] }, { "date": "2025-10-31", "close": 15.2625, "volume": 44544321, "typical_volume": 45005484.9, "trend": 15.452427, "fair_value": 14.732283, "relative_strength": -21.339163, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.434284, "energy": 8.793963, "activity_lines": [ 15.361369, 15.377143, 15.542878, 15.520137 ] }, { "date": "2025-11-07", "close": 15.989286, "volume": 72379194, "typical_volume": 47431802.35, "trend": 15.48347, "fair_value": 14.756803, "relative_strength": -17.447629, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.890093, "energy": 14.090802, "activity_lines": [ 15.559762, 15.484107, 15.582538, 15.554773 ] }, { "date": "2025-11-14", "close": 17.433037, "volume": 355980033, "typical_volume": 63830929.8, "trend": 15.547641, "fair_value": 14.804165, "relative_strength": -8.449155, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.521934, "energy": 47.467103, "activity_lines": [ 16.188989, 15.848215, 15.754694, 15.680552 ] }, { "date": "2025-11-21", "close": 15.832144, "volume": 99763412, "typical_volume": 67115357.95, "trend": 15.583657, "fair_value": 14.82164, "relative_strength": -12.048349, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.754657, "energy": 36.215954, "activity_lines": [ 16.181132, 15.882679, 15.764375, 15.698907 ] }, { "date": "2025-11-28", "close": 16.234821, "volume": 69313929, "typical_volume": 68538188.7, "trend": 15.618736, "fair_value": 14.819982, "relative_strength": -12.62007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.422448, "energy": 42.486104, "activity_lines": [ 16.269524, 15.980357, 15.810583, 15.740917 ] }, { "date": "2025-12-05", "close": 16.264286, "volume": 56259437, "typical_volume": 69737076.3, "trend": 15.649054, "fair_value": 14.827628, "relative_strength": -13.264889, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.77694, "energy": 46.060747, "activity_lines": [ 16.3075, 16.069107, 15.857071, 15.782566 ] }, { "date": "2025-12-12", "close": 16.470537, "volume": 67032012, "typical_volume": 71175364.1, "trend": 15.690714, "fair_value": 14.836248, "relative_strength": -12.614968, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.234986, "energy": 27.487791, "activity_lines": [ 16.347441, 16.177858, 15.92063, 15.835565 ] }, { "date": "2025-12-19", "close": 16.84, "volume": 81753537, "typical_volume": 73423873.4, "trend": 15.747881, "fair_value": 14.852055, "relative_strength": -9.573717, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.207605, "energy": 37.309512, "activity_lines": [ 16.478453, 16.331283, 16.016709, 15.909712 ] }, { "date": "2025-12-26", "close": 17.620001, "volume": 121720270, "typical_volume": 77744390.5, "trend": 15.829084, "fair_value": 14.883429, "relative_strength": -8.32122, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.396255, "energy": 53.60476, "activity_lines": [ 16.909001, 16.609095, 16.18092, 16.030494 ] }, { "date": "2026-01-02", "close": 17.389999, "volume": 74795903, "typical_volume": 77643846.1, "trend": 15.891161, "fair_value": 14.916987, "relative_strength": -8.662405, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.120014, "energy": 55.726884, "activity_lines": [ 17.143691, 16.802224, 16.313869, 16.131198 ] }, { "date": "2026-01-09", "close": 17.799999, "volume": 113078051, "typical_volume": 80547276.25, "trend": 15.977708, "fair_value": 14.957527, "relative_strength": -10.038649, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.480175, "energy": 63.925492, "activity_lines": [ 17.438035, 17.032468, 16.482237, 16.254349 ] }, { "date": "2026-01-16", "close": 18.190001, "volume": 150038892, "typical_volume": 83518511.15, "trend": 16.086095, "fair_value": 14.989653, "relative_strength": -8.709348, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.935922, "energy": 68.130766, "activity_lines": [ 17.76, 17.287484, 16.681837, 16.397078 ] }, { "date": "2026-01-23", "close": 18.73, "volume": 136141921, "typical_volume": 87398355.15, "trend": 16.199387, "fair_value": 15.024949, "relative_strength": -6.678283, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.698496, "energy": 67.967026, "activity_lines": [ 18.147333, 17.600669, 16.920983, 16.567652 ] }, { "date": "2026-01-30", "close": 17.18, "volume": 80335730, "typical_volume": 89119628.75, "trend": 16.257084, "fair_value": 15.03922, "relative_strength": -12.56841, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.642113, "energy": 43.149603, "activity_lines": [ 17.892, 17.608455, 16.996232, 16.630918 ] }, { "date": "2026-02-06", "close": 17.219999, "volume": 59161153, "typical_volume": 89444804.6, "trend": 16.307601, "fair_value": 15.055199, "relative_strength": -10.079093, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.180715, "energy": 34.38218, "activity_lines": [ 17.679333, 17.599006, 17.066253, 16.693041 ] }, { "date": "2026-02-13", "close": 17.379999, "volume": 49422481, "typical_volume": 89436205.75, "trend": 16.362798, "fair_value": 15.068661, "relative_strength": -10.103222, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.567974, "energy": 27.726707, "activity_lines": [ 17.531333, 17.600737, 17.14308, 16.762228 ] }, { "date": "2026-02-27", "close": 18.190001, "volume": 50327032, "typical_volume": 91171083.65, "trend": 16.438774, "fair_value": 15.085691, "relative_strength": -8.028403, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.71416, "energy": 27.860362, "activity_lines": [ 17.681333, 17.729454, 17.287153, 16.880112 ] }, { "date": "2026-03-06", "close": 18.610001, "volume": 91022973, "typical_volume": 94125239.0, "trend": 16.540863, "fair_value": 15.109128, "relative_strength": -3.455252, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.993422, "energy": 38.496451, "activity_lines": [ 17.971334, 17.903273, 17.457146, 17.020191 ] }, { "date": "2026-03-13", "close": 17.92, "volume": 103994972, "typical_volume": 95749131.55, "trend": 16.616351, "fair_value": 15.124427, "relative_strength": -7.384466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.702687, "energy": 37.935444, "activity_lines": [ 18.039334, 17.919455, 17.54843, 17.109168 ] }, { "date": "2026-03-20", "close": 16.74, "volume": 53900280, "typical_volume": 96548276.65, "trend": 16.620095, "fair_value": 15.139361, "relative_strength": -10.39894, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.109303, "energy": 20.226074, "activity_lines": [ 17.664667, 17.715636, 17.514678, 17.117145 ] }, { "date": "2026-03-27", "close": 16.370001, "volume": 42692955, "typical_volume": 96455708.35, "trend": 16.613798, "fair_value": 15.158774, "relative_strength": -11.22106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.458093, "energy": 9.553591, "activity_lines": [ 17.198667, 17.456364, 17.43898, 17.10101 ] }, { "date": "2026-04-03", "close": 15.312101, "volume": 31241139, "typical_volume": 94398805.6, "trend": 16.601046, "fair_value": 15.1728, "relative_strength": -13.859378, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.274772, "energy": 30.976624, "activity_lines": [ 16.447367, 17.030746, 17.257256, 17.01703 ] }, { "date": "2026-04-10", "close": 15.948881, "volume": 22992791, "typical_volume": 77749443.5, "trend": 16.622289, "fair_value": 15.182198, "relative_strength": -15.653671, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.458089, "energy": 36.039763, "activity_lines": [ 16.100187, 16.773231, 17.139402, 16.974955 ] }, { "date": "2026-04-17", "close": 16.115423, "volume": 30351052, "typical_volume": 74278825.5, "trend": 16.650065, "fair_value": 15.196844, "relative_strength": -17.53224, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.724327, "energy": 47.362607, "activity_lines": [ 15.98593, 16.596563, 17.044476, 16.942254 ] }, { "date": "2026-04-24", "close": 15.488441, "volume": 30045432, "typical_volume": 72315400.65, "trend": 16.651376, "fair_value": 15.211245, "relative_strength": -20.391955, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.945603, "energy": 55.998969, "activity_lines": [ 15.782983, 16.325254, 16.88849, 16.86731 ] }, { "date": "2026-05-01", "close": 14.175694, "volume": 38315764, "typical_volume": 71418217.0, "trend": 16.61384, "fair_value": 15.219089, "relative_strength": -27.356732, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.321875, "energy": 66.628036, "activity_lines": [ 15.225891, 15.846747, 16.611033, 16.707589 ] }, { "date": "2026-05-08", "close": 14.587152, "volume": 25777171, "typical_volume": 69355474.95, "trend": 16.59231, "fair_value": 15.222603, "relative_strength": -26.789539, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.235624, "energy": 77.438707, "activity_lines": [ 14.952239, 15.50131, 16.382709, 16.576835 ] }, { "date": "2026-05-15", "close": 14.087525, "volume": 41464652, "typical_volume": 67341030.7, "trend": 16.532519, "fair_value": 15.214612, "relative_strength": -28.631054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.701473, "energy": 83.159472, "activity_lines": [ 14.560375, 15.130538, 16.11577, 16.415236 ] }, { "date": "2026-05-22", "close": 14.058136, "volume": 28224060, "typical_volume": 62666220.2, "trend": 16.492374, "fair_value": 15.210148, "relative_strength": -28.298407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.896219, "energy": 83.545441, "activity_lines": [ 14.282804, 14.83665, 15.859139, 16.255598 ] }, { "date": "2026-05-29", "close": 14.440203, "volume": 26931733, "typical_volume": 60273011.7, "trend": 16.462672, "fair_value": 15.199367, "relative_strength": -25.60113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.724837, "energy": 76.778333, "activity_lines": [ 14.269742, 14.682444, 15.655857, 16.1232 ] }, { "date": "2026-06-05", "close": 13.55, "volume": 6917586, "typical_volume": 54964988.45, "trend": 16.405589, "fair_value": 15.184678, "relative_strength": -28.306238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.715856, "energy": 80.499164, "activity_lines": [ 14.029828, 14.408198, 15.38184, 15.935285 ] }, { "date": "2026-06-12", "close": 12.55, "volume": 4788809, "typical_volume": 47702484.3, "trend": 16.290946, "fair_value": 15.164322, "relative_strength": -31.303982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.356853, "energy": 89.570513, "activity_lines": [ 13.498294, 14.003406, 15.032823, 15.686538 ] }, { "date": "2026-06-19", "close": 12.15, "volume": 20889770, "typical_volume": 41939876.75, "trend": 16.114845, "fair_value": 15.132942, "relative_strength": -37.185141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.80325, "energy": 92.522874, "activity_lines": [ 12.969236, 13.576106, 14.672568, 15.41938 ] }, { "date": "2026-06-26", "close": 11.62, "volume": 5305137, "typical_volume": 38188347.1, "trend": 15.97444, "fair_value": 15.106271, "relative_strength": -38.234347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.11255, "energy": 94.611359, "activity_lines": [ 12.39268, 13.121514, 14.29317, 15.12939 ] }, { "date": "2026-07-03", "close": 12.05, "volume": 5736444, "typical_volume": 35517111.65, "trend": 15.834946, "fair_value": 15.074603, "relative_strength": -34.444969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.608576, "energy": 89.153895, "activity_lines": [ 12.122, 12.826839, 13.981201, 14.8762 ] }, { "date": "2026-07-10", "close": 11.5, "volume": 21622953, "typical_volume": 34127135.25, "trend": 15.676136, "fair_value": 15.044637, "relative_strength": -34.391087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.401663, "energy": 91.865939, "activity_lines": [ 11.827333, 12.49468, 13.64147, 14.596526 ] }, { "date": "2026-07-17", "close": 11.6, "volume": 25794155, "typical_volume": 32900491.4, "trend": 15.513785, "fair_value": 15.013961, "relative_strength": -26.59817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.567338, "energy": 85.351192, "activity_lines": [ 11.702667, 12.229353, 13.339262, 14.33355 ] }, { "date": "2026-07-24", "close": 11.74, "volume": 37666509, "typical_volume": 30232668.2, "trend": 15.343785, "fair_value": 14.984534, "relative_strength": -25.345178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.523927, "energy": 66.461933, "activity_lines": [ 11.688, 12.043792, 13.081769, 14.09008 ] }, { "date": "2026-07-31", "close": 12.33, "volume": 28944988, "typical_volume": 26480169.0, "trend": 15.167452, "fair_value": 14.957246, "relative_strength": -19.764823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.389065, "energy": 64.199888, "activity_lines": [ 11.897333, 12.008186, 12.913181, 13.895642 ] }, { "date": "2026-08-07", "close": 12.31, "volume": 29758031, "typical_volume": 25273056.55, "trend": 14.998119, "fair_value": 14.931532, "relative_strength": -23.269975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.689899, "energy": 55.328114, "activity_lines": [ 12.052667, 12.000364, 12.769307, 13.71129 ] } ], "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." } } }