{ "ticker": { "uuid": "f8f09612-8b28-4f9a-9e38-71c8d2c506a4", "symbol": "600111", "name": "China Northern Rare Earth (Group) High-Tech Co.,Ltd", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.587, "architecture_energy": 77.453, "architecture_maturity": 16.212, "architecture_confidence": 83.268, "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": 18.26, "rotation_up": 9.23, "upward_expansion": 18.03, "deceleration": 37.18, "rotation_down": 76.86, "downward_expansion": 93.7 }, "activity_lines": [ 40.906667, 42.942236, 45.963598, 47.421087 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 44.060001, "trend_reference": 49.100099, "distance_from_trend": -0.102649, "trend_direction": "Weakening", "fair_value": 30.352764, "distance_from_fair_value": 0.451598, "fair_value_direction": "Weakening", "relative_strength": -8.555974, "relative_strength_direction": "Weakening", "price_momentum": -0.145958, "excess_performance": -0.102755, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.102649, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011845, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.451598, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.46434, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08556, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.240533, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.145958, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.581531, "read": "Supply-led" } ], "volume": { "latest": 431314068, "relative_activity": 1.039936, "balance": 0.581531, "dry_up": 0.812528, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.095161, "annualized_volatility": 0.540876, "from_high_reference": -0.306906, "from_low_reference": 0.240079 }, "levels": { "trend_reference": 49.100099, "fair_value_reference": 30.352764, "structural_low": 36.689999, "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": 26, "median_return": -0.02156, "positive_rate": 0.307692, "directional_follow_through": 0.692308, "median_excess_return": -0.010209, "regime_survival": 0.846154, "best_return": 0.231642, "worst_return": -0.159118, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.067658, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.066052, "regime_survival": 0.555556, "best_return": 0.174041, "worst_return": -0.271311, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.104054, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.104572, "regime_survival": 0.4, "best_return": 0.247198, "worst_return": -0.332285, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.210229, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.154156, "regime_survival": 0.0, "best_return": 0.755341, "worst_return": -0.401764, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-25", "end": "2024-03-15", "tenure": "Extended", "return": -0.075708, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-04-05", "tenure": "New", "return": 0.05694, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-12", "end": "2024-04-19", "tenure": "New", "return": -0.008924, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-06-14", "tenure": "Developing", "return": -0.096076, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": -0.011066, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-09-27", "tenure": "Developing", "return": 0.106195, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": 0.14445, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-13", "tenure": "Developing", "return": -0.133566, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-14", "tenure": "Developing", "return": 0.031746, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-11-14", "tenure": "Extended", "return": 1.02367, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-23", "tenure": "Developing", "return": 0.144218, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.108354, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-07-10", "tenure": "Established", "return": -0.100698, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.176502, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 24.116947, "volume": 98023910, "typical_volume": 132588805.05, "trend": 25.516653, "fair_value": 27.988865, "relative_strength": -11.314767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.613271, "energy": 19.741098, "activity_lines": [ 24.211757, 24.080496, 24.233153, 24.797797 ] }, { "date": "2023-08-04", "close": 24.514751, "volume": 116698264, "typical_volume": 131029928.95, "trend": 25.509258, "fair_value": 28.072996, "relative_strength": -9.725913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.18528, "energy": 17.915521, "activity_lines": [ 24.29397, 24.178626, 24.224919, 24.733158 ] }, { "date": "2023-08-11", "close": 24.126892, "volume": 140347985, "typical_volume": 131649466.0, "trend": 25.445155, "fair_value": 28.150778, "relative_strength": -7.980906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.190901, "energy": 18.793374, "activity_lines": [ 24.202474, 24.189621, 24.184798, 24.643973 ] }, { "date": "2023-08-18", "close": 23.261665, "volume": 81843127, "typical_volume": 129250743.65, "trend": 25.342337, "fair_value": 28.222578, "relative_strength": -9.090366, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.244984, "energy": 33.824952, "activity_lines": [ 23.884893, 24.040564, 24.070305, 24.503103 ] }, { "date": "2023-08-25", "close": 21.411871, "volume": 108291192, "typical_volume": 126785932.15, "trend": 25.111038, "fair_value": 28.268814, "relative_strength": -13.866372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.37368, "energy": 69.007429, "activity_lines": [ 23.042209, 23.56135, 23.791554, 24.249524 ] }, { "date": "2023-09-01", "close": 22.237318, "volume": 103086315, "typical_volume": 122697902.75, "trend": 24.879606, "fair_value": 28.327444, "relative_strength": -12.020721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.613699, "energy": 73.570674, "activity_lines": [ 22.62584, 23.278663, 23.615431, 24.064123 ] }, { "date": "2023-09-08", "close": 22.048359, "volume": 116866110, "typical_volume": 117966225.75, "trend": 24.674461, "fair_value": 28.388226, "relative_strength": -11.814538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.302298, "energy": 77.598437, "activity_lines": [ 22.271793, 22.980309, 23.442101, 23.881462 ] }, { "date": "2023-09-15", "close": 21.998634, "volume": 67904899, "typical_volume": 115315613.5, "trend": 24.484775, "fair_value": 28.451556, "relative_strength": -11.556544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.749785, "energy": 77.214957, "activity_lines": [ 22.065598, 22.705642, 23.278859, 23.708828 ] }, { "date": "2023-09-22", "close": 21.938961, "volume": 83810929, "typical_volume": 116420877.95, "trend": 24.250639, "fair_value": 28.517742, "relative_strength": -11.724216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.550459, "energy": 63.894698, "activity_lines": [ 21.981395, 22.475819, 23.123489, 23.544582 ] }, { "date": "2023-09-29", "close": 21.670444, "volume": 49153182, "typical_volume": 111242999.45, "trend": 24.049026, "fair_value": 28.585447, "relative_strength": -11.7335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.11195, "energy": 55.457725, "activity_lines": [ 21.895867, 22.246177, 22.951494, 23.378118 ] }, { "date": "2023-10-13", "close": 21.879293, "volume": 79780345, "typical_volume": 110784395.3, "trend": 23.90375, "fair_value": 28.652871, "relative_strength": -9.775226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.151834, "energy": 51.522245, "activity_lines": [ 21.862717, 22.091033, 22.811029, 23.238135 ] }, { "date": "2023-10-20", "close": 20.735603, "volume": 79142206, "typical_volume": 110809385.9, "trend": 23.742404, "fair_value": 28.718446, "relative_strength": -11.105934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.960154, "energy": 63.492361, "activity_lines": [ 21.472205, 21.76863, 22.572331, 23.033738 ] }, { "date": "2023-10-27", "close": 20.646095, "volume": 162332331, "typical_volume": 114033723.3, "trend": 23.570175, "fair_value": 28.783883, "relative_strength": -12.104607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.627922, "energy": 65.933452, "activity_lines": [ 21.139374, 21.498665, 22.338753, 22.833977 ] }, { "date": "2023-11-03", "close": 20.964338, "volume": 94649419, "typical_volume": 114372993.6, "trend": 23.410199, "fair_value": 28.849242, "relative_strength": -10.781093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.96612, "energy": 63.550825, "activity_lines": [ 21.002794, 21.349849, 22.151342, 22.665858 ] }, { "date": "2023-11-10", "close": 21.073736, "volume": 109233350, "typical_volume": 115031989.7, "trend": 23.230829, "fair_value": 28.914991, "relative_strength": -10.232949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.371582, "energy": 53.173621, "activity_lines": [ 20.967654, 21.262694, 21.986906, 22.515118 ] }, { "date": "2023-11-17", "close": 21.004122, "volume": 72598708, "typical_volume": 115870257.5, "trend": 23.044201, "fair_value": 28.982474, "relative_strength": -10.48576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.756743, "energy": 49.083358, "activity_lines": [ 20.949091, 21.169029, 21.829614, 22.37146 ] }, { "date": "2023-11-24", "close": 20.288071, "volume": 78398574, "typical_volume": 115325875.95, "trend": 22.881763, "fair_value": 29.04979, "relative_strength": -12.737788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.879561, "energy": 51.794928, "activity_lines": [ 20.750188, 20.967595, 21.614894, 22.193645 ] }, { "date": "2023-12-01", "close": 19.770922, "volume": 77296029, "typical_volume": 98823863.6, "trend": 22.712619, "fair_value": 29.106689, "relative_strength": -14.3206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.457931, "energy": 64.853457, "activity_lines": [ 20.408738, 20.704139, 21.367875, 21.992946 ] }, { "date": "2023-12-08", "close": 19.512352, "volume": 89819143, "typical_volume": 95482152.6, "trend": 22.569089, "fair_value": 29.158691, "relative_strength": -13.340902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.729547, "energy": 81.198202, "activity_lines": [ 20.039443, 20.434174, 21.121426, 21.786477 ] }, { "date": "2023-12-15", "close": 18.776411, "volume": 79599285, "typical_volume": 94443765.15, "trend": 22.391153, "fair_value": 29.201739, "relative_strength": -15.474885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.69874, "energy": 91.225974, "activity_lines": [ 19.521633, 20.074522, 20.829275, 21.541788 ] }, { "date": "2023-12-22", "close": 18.488003, "volume": 132837243, "typical_volume": 96184431.8, "trend": 22.203275, "fair_value": 29.23459, "relative_strength": -15.567921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.221425, "energy": 91.004184, "activity_lines": [ 19.060842, 19.715051, 20.533005, 21.289972 ] }, { "date": "2023-12-29", "close": 19.233887, "volume": 113772577, "typical_volume": 96038147.45, "trend": 22.057704, "fair_value": 29.274839, "relative_strength": -13.556465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.019673, "energy": 83.217166, "activity_lines": [ 19.01642, 19.552855, 20.334576, 21.098398 ] }, { "date": "2024-01-05", "close": 18.36866, "volume": 74630662, "typical_volume": 92752281.3, "trend": 21.870785, "fair_value": 29.318451, "relative_strength": -15.754708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.129201, "energy": 76.968929, "activity_lines": [ 18.753869, 19.260648, 20.078892, 20.860395 ] }, { "date": "2024-01-12", "close": 18.229429, "volume": 83181606, "typical_volume": 92819205.25, "trend": 21.691733, "fair_value": 29.357806, "relative_strength": -14.65304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.872369, "energy": 66.06256, "activity_lines": [ 18.538391, 18.984536, 19.837367, 20.625469 ] }, { "date": "2024-01-19", "close": 17.51338, "volume": 107225492, "typical_volume": 92765920.25, "trend": 21.476634, "fair_value": 29.387462, "relative_strength": -16.116942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.006273, "energy": 68.824858, "activity_lines": [ 18.169758, 18.627957, 19.55161, 20.355898 ] }, { "date": "2024-01-26", "close": 17.801788, "volume": 112694713, "typical_volume": 93246340.15, "trend": 21.294518, "fair_value": 29.420026, "relative_strength": -16.555883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.603209, "energy": 69.249805, "activity_lines": [ 17.981464, 18.388551, 19.311885, 20.118811 ] }, { "date": "2024-02-02", "close": 16.170786, "volume": 106707169, "typical_volume": 92738393.1, "trend": 21.038597, "fair_value": 29.437649, "relative_strength": -18.612186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.833647, "energy": 79.652371, "activity_lines": [ 17.295249, 17.910823, 18.937948, 19.788248 ] }, { "date": "2024-02-09", "close": 18.597399, "volume": 269571128, "typical_volume": 102821704.55, "trend": 20.823119, "fair_value": 29.470641, "relative_strength": -10.251034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.462666, "energy": 52.927503, "activity_lines": [ 17.622113, 17.949157, 18.823106, 19.630751 ] }, { "date": "2024-02-23", "close": 18.478056, "volume": 184635720, "typical_volume": 107862944.1, "trend": 20.617918, "fair_value": 29.475082, "relative_strength": -14.381989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.799508, "energy": 43.917815, "activity_lines": [ 17.893946, 17.987129, 18.713094, 19.479457 ] }, { "date": "2024-03-01", "close": 18.965368, "volume": 189624092, "typical_volume": 114886489.6, "trend": 20.460785, "fair_value": 29.485762, "relative_strength": -12.220747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.293026, "energy": 30.187454, "activity_lines": [ 18.311641, 18.132509, 18.665973, 19.372841 ] }, { "date": "2024-03-08", "close": 19.402954, "volume": 279051535, "typical_volume": 124850049.1, "trend": 20.303652, "fair_value": 29.508468, "relative_strength": -10.151592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.838054, "energy": 22.08454, "activity_lines": [ 18.7784, 18.354014, 18.673408, 19.304594 ] }, { "date": "2024-03-15", "close": 19.790813, "volume": 208834727, "typical_volume": 131334675.15, "trend": 20.146187, "fair_value": 29.518396, "relative_strength": -8.15341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.322239, "energy": 17.961769, "activity_lines": [ 19.2677, 18.629403, 18.729574, 19.271507 ] }, { "date": "2024-03-22", "close": 19.562077, "volume": 230980815, "typical_volume": 134767099.35, "trend": 19.994027, "fair_value": 29.521126, "relative_strength": -8.593442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.208118, "energy": 16.320016, "activity_lines": [ 19.439419, 18.853079, 18.768455, 19.233823 ] }, { "date": "2024-03-29", "close": 19.263723, "volume": 124889312, "typical_volume": 136279094.0, "trend": 19.860762, "fair_value": 29.515714, "relative_strength": -9.403685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.65438, "energy": 15.602709, "activity_lines": [ 19.447376, 19.000809, 18.784083, 19.186706 ] }, { "date": "2024-04-05", "close": 20.675932, "volume": 174417238, "typical_volume": 139538288.4, "trend": 19.83623, "fair_value": 29.513748, "relative_strength": -3.342765, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.90058, "energy": 25.496981, "activity_lines": [ 19.873691, 19.3865, 18.942305, 19.239298 ] }, { "date": "2024-04-12", "close": 20.059332, "volume": 362330007, "typical_volume": 154024853.35, "trend": 19.763631, "fair_value": 29.502907, "relative_strength": -4.353747, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.758135, "energy": 26.236925, "activity_lines": [ 19.980435, 19.60258, 19.043698, 19.253692 ] }, { "date": "2024-04-19", "close": 19.88032, "volume": 200197208, "typical_volume": 160114785.05, "trend": 19.691363, "fair_value": 29.506556, "relative_strength": -6.243139, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.946984, "energy": 21.14068, "activity_lines": [ 19.98375, 19.745067, 19.132541, 19.26122 ] }, { "date": "2024-04-26", "close": 19.770922, "volume": 163662990, "typical_volume": 164433133.1, "trend": 19.617106, "fair_value": 29.516668, "relative_strength": -7.059541, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.235079, "energy": 16.854404, "activity_lines": [ 19.944632, 19.800217, 19.212907, 19.266353 ] }, { "date": "2024-05-03", "close": 19.194105, "volume": 77186116, "typical_volume": 163801481.75, "trend": 19.525611, "fair_value": 29.521401, "relative_strength": -9.879276, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.206265, "energy": 5.618421, "activity_lines": [ 19.699318, 19.729154, 19.238338, 19.239062 ] }, { "date": "2024-05-10", "close": 20.357687, "volume": 215782800, "typical_volume": 170610657.5, "trend": 19.481852, "fair_value": 29.525306, "relative_strength": -5.652092, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.224826, "energy": 11.653643, "activity_lines": [ 19.846506, 19.856632, 19.376102, 19.292745 ] }, { "date": "2024-05-17", "close": 19.88032, "volume": 123913069, "typical_volume": 170164448.8, "trend": 19.41522, "fair_value": 29.534064, "relative_strength": -7.631131, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.272587, "energy": 9.790113, "activity_lines": [ 19.855788, 19.872002, 19.460872, 19.318452 ] }, { "date": "2024-05-24", "close": 19.04493, "volume": 146531871, "typical_volume": 171802413.5, "trend": 19.358864, "fair_value": 29.527249, "relative_strength": -9.338572, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.144235, "energy": 4.160651, "activity_lines": [ 19.598542, 19.726803, 19.459452, 19.294563 ] }, { "date": "2024-05-31", "close": 18.796299, "volume": 111114842, "typical_volume": 173626622.5, "trend": 19.297204, "fair_value": 29.520959, "relative_strength": -10.142889, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.684057, "energy": 7.484509, "activity_lines": [ 19.31411, 19.549961, 19.435252, 19.258268 ] }, { "date": "2024-06-07", "close": 18.090197, "volume": 99997577, "typical_volume": 174467421.05, "trend": 19.201399, "fair_value": 29.50223, "relative_strength": -12.157881, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.600641, "energy": 26.729388, "activity_lines": [ 18.859287, 19.258659, 19.341767, 19.180397 ] }, { "date": "2024-06-14", "close": 17.871403, "volume": 93375400, "typical_volume": 173774916.45, "trend": 19.094655, "fair_value": 29.491257, "relative_strength": -12.304487, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.074066, "energy": 43.690478, "activity_lines": [ 18.405125, 18.948913, 19.228109, 19.094591 ] }, { "date": "2024-06-21", "close": 17.145166, "volume": 121682643, "typical_volume": 174224312.95, "trend": 18.966023, "fair_value": 29.477186, "relative_strength": -14.512405, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.869477, "energy": 58.222091, "activity_lines": [ 17.874637, 18.558116, 19.04358, 18.968817 ] }, { "date": "2024-06-28", "close": 17.175125, "volume": 95140724, "typical_volume": 173645990.7, "trend": 18.862258, "fair_value": 29.459943, "relative_strength": -13.092841, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.496663, "energy": 65.61984, "activity_lines": [ 17.536479, 18.22575, 18.865031, 18.853275 ] }, { "date": "2024-07-05", "close": 16.955441, "volume": 137714964, "typical_volume": 167053182.5, "trend": 18.768409, "fair_value": 29.428458, "relative_strength": -13.31403, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.642956, "energy": 77.565518, "activity_lines": [ 17.249747, 17.902628, 18.660777, 18.730255 ] }, { "date": "2024-07-12", "close": 16.925486, "volume": 123145752, "typical_volume": 163978684.1, "trend": 18.68218, "fair_value": 29.407061, "relative_strength": -13.650645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.186948, "energy": 77.479422, "activity_lines": [ 17.075754, 17.625249, 18.461489, 18.611357 ] }, { "date": "2024-07-19", "close": 17.394806, "volume": 99359204, "typical_volume": 159465439.7, "trend": 18.636126, "fair_value": 29.39702, "relative_strength": -11.063591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.004703, "energy": 67.6056, "activity_lines": [ 17.135848, 17.474449, 18.314292, 18.5283 ] }, { "date": "2024-07-26", "close": 17.215065, "volume": 89664501, "typical_volume": 149996088.0, "trend": 18.593695, "fair_value": 29.380215, "relative_strength": -8.75698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.61221, "energy": 57.131254, "activity_lines": [ 17.167801, 17.34484, 18.157455, 18.436619 ] }, { "date": "2024-08-02", "close": 17.444733, "volume": 85227297, "typical_volume": 143815716.5, "trend": 18.534057, "fair_value": 29.363132, "relative_strength": -7.598827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.62089, "energy": 42.36422, "activity_lines": [ 17.27165, 17.305447, 18.03291, 18.362492 ] }, { "date": "2024-08-09", "close": 16.905514, "volume": 75969084, "typical_volume": 136065129.95, "trend": 18.485285, "fair_value": 29.285827, "relative_strength": -8.712002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.333085, "energy": 43.669706, "activity_lines": [ 17.177786, 17.197109, 17.868182, 18.257425 ] }, { "date": "2024-08-16", "close": 16.915501, "volume": 47415672, "typical_volume": 132191447.95, "trend": 18.441488, "fair_value": 29.18233, "relative_strength": -8.776156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.370177, "energy": 44.292068, "activity_lines": [ 17.09058, 17.124965, 17.717056, 18.156149 ] }, { "date": "2024-08-23", "close": 16.256454, "volume": 59148505, "typical_volume": 126428011.3, "trend": 18.39959, "fair_value": 29.040225, "relative_strength": -11.063994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.121151, "energy": 60.909215, "activity_lines": [ 16.784356, 16.954353, 17.514345, 18.015179 ] }, { "date": "2024-08-30", "close": 16.795673, "volume": 79015822, "typical_volume": 112262302.05, "trend": 18.366053, "fair_value": 28.849687, "relative_strength": -7.298561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.733685, "energy": 59.857894, "activity_lines": [ 16.733763, 16.911142, 17.384034, 17.9117 ] }, { "date": "2024-09-06", "close": 16.725775, "volume": 61669312, "typical_volume": 105335907.25, "trend": 18.384553, "fair_value": 28.657013, "relative_strength": -4.864087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.25118, "energy": 56.186982, "activity_lines": [ 16.68783, 16.861578, 17.262607, 17.805876 ] }, { "date": "2024-09-13", "close": 16.136627, "volume": 69630230, "typical_volume": 100634269.25, "trend": 18.302527, "fair_value": 28.478068, "relative_strength": -5.798337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.602049, "energy": 62.655668, "activity_lines": [ 16.493444, 16.713066, 17.100093, 17.660848 ] }, { "date": "2024-09-20", "close": 16.615932, "volume": 47596751, "typical_volume": 99154801.0, "trend": 18.240456, "fair_value": 28.316386, "relative_strength": -3.867396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.135775, "energy": 46.175557, "activity_lines": [ 16.510086, 16.666587, 17.000532, 17.552036 ] }, { "date": "2024-09-27", "close": 18.722881, "volume": 159281945, "typical_volume": 96329758.25, "trend": 18.232373, "fair_value": 28.129637, "relative_strength": -3.691054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.189019, "energy": 9.119724, "activity_lines": [ 17.249016, 17.008819, 17.113911, 17.58316 ] }, { "date": "2024-10-04", "close": 20.600163, "volume": 131227549, "typical_volume": 96695482.25, "trend": 18.27228, "fair_value": 27.940169, "relative_strength": -1.692477, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.801827, "energy": 43.992086, "activity_lines": [ 18.449278, 17.668227, 17.413863, 17.735921 ] }, { "date": "2024-10-11", "close": 19.871218, "volume": 423022670, "typical_volume": 110520022.2, "trend": 18.27496, "fair_value": 27.686138, "relative_strength": -1.432366, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.183124, "energy": 48.069038, "activity_lines": [ 19.152925, 18.133553, 17.640964, 17.839078 ] }, { "date": "2024-10-18", "close": 19.272085, "volume": 219047513, "typical_volume": 115916655.75, "trend": 18.265294, "fair_value": 27.498409, "relative_strength": -5.347042, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.5728, "energy": 48.150732, "activity_lines": [ 19.447165, 18.445828, 17.80707, 17.903408 ] }, { "date": "2024-10-25", "close": 21.129396, "volume": 353095651, "typical_volume": 128571559.45, "trend": 18.327483, "fair_value": 27.326836, "relative_strength": 2.748915, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.206899, "energy": 76.66518, "activity_lines": [ 20.151479, 19.052767, 18.147797, 18.088189 ] }, { "date": "2024-11-01", "close": 23.575853, "volume": 419156553, "typical_volume": 144860617.1, "trend": 18.424147, "fair_value": 27.201205, "relative_strength": 15.486065, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 92.962838, "energy": 93.768222, "activity_lines": [ 21.37038, 20.0279, 18.707047, 18.426794 ] }, { "date": "2024-11-08", "close": 25.792643, "volume": 1325594610, "typical_volume": 205056215.45, "trend": 18.615257, "fair_value": 27.090033, "relative_strength": 19.542947, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.878361, "energy": 96.010941, "activity_lines": [ 23.00468, 21.273006, 19.450257, 18.902181 ] }, { "date": "2024-11-15", "close": 23.286272, "volume": 573241222, "typical_volume": 228961240.35, "trend": 18.728789, "fair_value": 26.956919, "relative_strength": 11.846232, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.249702, "energy": 85.435165, "activity_lines": [ 23.457358, 21.898827, 19.913586, 19.203536 ] }, { "date": "2024-11-22", "close": 23.595823, "volume": 387664468, "typical_volume": 241458715.55, "trend": 18.856286, "fair_value": 26.808596, "relative_strength": 15.414315, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.706496, "energy": 80.518156, "activity_lines": [ 23.785549, 22.461648, 20.377295, 19.517539 ] }, { "date": "2024-11-29", "close": 22.816952, "volume": 286459878, "typical_volume": 249624421.85, "trend": 18.977047, "fair_value": 26.638527, "relative_strength": 9.553089, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.388593, "energy": 59.510268, "activity_lines": [ 23.565867, 22.747235, 20.735205, 19.773065 ] }, { "date": "2024-12-06", "close": 23.13649, "volume": 291253987, "typical_volume": 259219161.0, "trend": 19.069674, "fair_value": 26.4962, "relative_strength": 8.46263, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.701353, "energy": 49.209383, "activity_lines": [ 23.340194, 22.978173, 21.095493, 20.041417 ] }, { "date": "2024-12-13", "close": 22.347631, "volume": 195029990, "typical_volume": 264487435.45, "trend": 19.151918, "fair_value": 26.335626, "relative_strength": 5.135522, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.113575, "energy": 36.96387, "activity_lines": [ 22.880859, 22.985435, 21.35331, 20.252898 ] }, { "date": "2024-12-20", "close": 22.018108, "volume": 134845710, "typical_volume": 266968356.1, "trend": 19.251024, "fair_value": 26.179878, "relative_strength": 4.26749, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.028734, "energy": 28.59996, "activity_lines": [ 22.541351, 22.901012, 21.555303, 20.437813 ] }, { "date": "2024-12-27", "close": 21.608702, "volume": 107510742, "typical_volume": 268545439.0, "trend": 19.34477, "fair_value": 25.965429, "relative_strength": 1.359635, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.961213, "energy": 23.24047, "activity_lines": [ 22.149918, 22.703117, 21.696527, 20.589921 ] }, { "date": "2025-01-03", "close": 20.300596, "volume": 124672157, "typical_volume": 272408263.25, "trend": 19.41845, "fair_value": 25.758224, "relative_strength": 0.863854, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.593048, "energy": 20.762458, "activity_lines": [ 21.454924, 22.2249, 21.690773, 20.651588 ] }, { "date": "2025-01-10", "close": 21.109425, "volume": 241904067, "typical_volume": 281546041.35, "trend": 19.526385, "fair_value": 25.566894, "relative_strength": 6.175297, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.036964, "energy": 21.015677, "activity_lines": [ 21.197297, 21.908812, 21.745932, 20.760683 ] }, { "date": "2025-01-17", "close": 21.938225, "volume": 222561567, "typical_volume": 288723328.6, "trend": 19.686153, "fair_value": 25.405883, "relative_strength": 7.703223, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.913384, "energy": 16.425568, "activity_lines": [ 21.351075, 21.78826, 21.856914, 20.916285 ] }, { "date": "2025-01-24", "close": 21.498861, "volume": 178809964, "typical_volume": 294580361.2, "trend": 19.830278, "fair_value": 25.267375, "relative_strength": 5.058557, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.273682, "energy": 14.548331, "activity_lines": [ 21.385692, 21.657903, 21.901563, 21.033234 ] }, { "date": "2025-01-31", "close": 21.019554, "volume": 25094300, "typical_volume": 292353564.7, "trend": 19.965748, "fair_value": 25.115791, "relative_strength": 2.670667, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.607889, "energy": 9.988641, "activity_lines": [ 21.295156, 21.472898, 21.877836, 21.109962 ] }, { "date": "2025-02-07", "close": 23.076576, "volume": 269226459, "typical_volume": 303435050.1, "trend": 20.170784, "fair_value": 25.00115, "relative_strength": 10.549178, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.108894, "energy": 27.239914, "activity_lines": [ 21.92957, 21.708739, 22.026763, 21.31066 ] }, { "date": "2025-02-14", "close": 22.717096, "volume": 218937700, "typical_volume": 306417837.85, "trend": 20.348194, "fair_value": 24.872264, "relative_strength": 7.329403, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.885974, "energy": 34.755209, "activity_lines": [ 22.259093, 21.874498, 22.110689, 21.474938 ] }, { "date": "2025-02-21", "close": 23.106531, "volume": 281337985, "typical_volume": 313923359.65, "trend": 20.544576, "fair_value": 24.771256, "relative_strength": 7.896985, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.097165, "energy": 48.589117, "activity_lines": [ 22.611249, 22.11869, 22.212684, 21.652896 ] }, { "date": "2025-02-28", "close": 22.337646, "volume": 190817401, "typical_volume": 302313096.2, "trend": 20.707673, "fair_value": 24.682011, "relative_strength": 5.98689, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.995815, "energy": 46.187574, "activity_lines": [ 22.629223, 22.209286, 22.229517, 21.768578 ] }, { "date": "2025-03-07", "close": 23.126503, "volume": 280803612, "typical_volume": 305400901.15, "trend": 20.91504, "fair_value": 24.562876, "relative_strength": 7.890046, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.082937, "energy": 52.295334, "activity_lines": [ 22.854231, 22.437501, 22.309734, 21.924631 ] }, { "date": "2025-03-14", "close": 23.475998, "volume": 336308981, "typical_volume": 304561567.65, "trend": 21.133723, "fair_value": 24.416349, "relative_strength": 7.888608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.406578, "energy": 51.648759, "activity_lines": [ 23.055273, 22.701664, 22.404882, 22.089854 ] }, { "date": "2025-03-21", "close": 22.507401, "volume": 189565399, "typical_volume": 293082009.95, "trend": 21.342088, "fair_value": 24.26105, "relative_strength": 5.033647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.504053, "energy": 32.409057, "activity_lines": [ 22.906822, 22.731984, 22.396608, 22.178479 ] }, { "date": "2025-03-28", "close": 23.146475, "volume": 167934683, "typical_volume": 235199013.6, "trend": 21.553781, "fair_value": 24.128102, "relative_strength": 8.264738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.652904, "energy": 33.58773, "activity_lines": [ 22.985375, 22.853081, 22.454287, 22.294891 ] }, { "date": "2025-04-04", "close": 22.856894, "volume": 94552859, "typical_volume": 211264595.45, "trend": 21.758152, "fair_value": 24.013303, "relative_strength": 7.174484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.98445, "energy": 28.728418, "activity_lines": [ 22.964738, 22.89956, 22.496987, 22.378962 ] }, { "date": "2025-04-11", "close": 24.684246, "volume": 866429454, "typical_volume": 235202844.75, "trend": 22.043073, "fair_value": 23.913406, "relative_strength": 19.100688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.913288, "energy": 39.594184, "activity_lines": [ 23.518602, 23.253592, 22.715765, 22.567743 ] }, { "date": "2025-04-18", "close": 23.515938, "volume": 315444674, "typical_volume": 236652084.55, "trend": 22.273073, "fair_value": 23.812709, "relative_strength": 11.898081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.875103, "energy": 37.222607, "activity_lines": [ 23.57918, 23.328574, 22.818093, 22.662766 ] }, { "date": "2025-04-25", "close": 23.106531, "volume": 193856526, "typical_volume": 231782211.5, "trend": 22.419194, "fair_value": 23.71939, "relative_strength": 9.138278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.118086, "energy": 32.629022, "activity_lines": [ 23.500627, 23.32113, 22.878101, 22.716538 ] }, { "date": "2025-05-02", "close": 23.256317, "volume": 94422908, "typical_volume": 226751857.4, "trend": 22.507733, "fair_value": 23.630783, "relative_strength": 10.082764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.085388, "energy": 30.138354, "activity_lines": [ 23.432061, 23.333839, 22.952517, 22.770546 ] }, { "date": "2025-05-09", "close": 24.344738, "volume": 277065288, "typical_volume": 233862836.3, "trend": 22.65685, "fair_value": 23.569783, "relative_strength": 12.783808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.257332, "energy": 33.292475, "activity_lines": [ 23.718978, 23.54172, 23.126265, 22.889062 ] }, { "date": "2025-05-16", "close": 24.194956, "volume": 407292406, "typical_volume": 248851919.5, "trend": 22.820946, "fair_value": 23.528078, "relative_strength": 10.951046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.083491, "energy": 33.447906, "activity_lines": [ 23.856779, 23.685875, 23.27467, 22.988295 ] }, { "date": "2025-05-23", "close": 23.17643, "volume": 206143636, "typical_volume": 252925493.45, "trend": 22.88918, "fair_value": 23.478593, "relative_strength": 6.646869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.087353, "energy": 27.987331, "activity_lines": [ 23.68769, 23.625417, 23.313756, 23.011229 ] }, { "date": "2025-05-30", "close": 23.236345, "volume": 112242748, "typical_volume": 246442427.5, "trend": 22.877863, "fair_value": 23.439371, "relative_strength": 6.681458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.590202, "energy": 22.789115, "activity_lines": [ 23.561207, 23.581299, 23.344854, 23.033627 ] }, { "date": "2025-06-06", "close": 24.025202, "volume": 209700848, "typical_volume": 245799391.55, "trend": 22.818949, "fair_value": 23.385137, "relative_strength": 8.694049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.347638, "energy": 26.302446, "activity_lines": [ 23.689022, 23.667356, 23.440953, 23.107649 ] }, { "date": "2025-06-13", "close": 25.063698, "volume": 596197418, "typical_volume": 266668764.25, "trend": 22.878196, "fair_value": 23.329371, "relative_strength": 13.163569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.060714, "energy": 35.85059, "activity_lines": [ 24.111743, 23.926254, 23.626018, 23.252471 ] }, { "date": "2025-06-20", "close": 23.969999, "volume": 305414813, "typical_volume": 280684789.9, "trend": 22.890669, "fair_value": 23.270094, "relative_strength": 8.326695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.209746, "energy": 34.076879, "activity_lines": [ 24.121968, 23.946174, 23.689946, 23.32291 ] }, { "date": "2025-06-27", "close": 24.4, "volume": 222129270, "typical_volume": 278329930.45, "trend": 22.943437, "fair_value": 23.202322, "relative_strength": 7.777291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.154814, "energy": 44.451165, "activity_lines": [ 24.290523, 24.057262, 23.780777, 23.420286 ] }, { "date": "2025-07-04", "close": 24.42, "volume": 222337252, "typical_volume": 278499908.05, "trend": 22.986221, "fair_value": 23.111359, "relative_strength": 5.975572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.141835, "energy": 43.187677, "activity_lines": [ 24.384173, 24.155913, 23.86721, 23.515549 ] }, { "date": "2025-07-11", "close": 29.709999, "volume": 768974679, "typical_volume": 302881742.75, "trend": 23.231633, "fair_value": 23.045929, "relative_strength": 26.527269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.252743, "energy": 85.208359, "activity_lines": [ 26.162246, 25.1925, 24.449344, 23.949341 ] }, { "date": "2025-07-18", "close": 32.959999, "volume": 1688134192, "typical_volume": 377747582.3, "trend": 23.596363, "fair_value": 23.037091, "relative_strength": 38.017138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.864445, "energy": 97.721895, "activity_lines": [ 28.644666, 26.702657, 25.309557, 24.576977 ] }, { "date": "2025-07-25", "close": 38.25, "volume": 1898606964, "typical_volume": 458637749.9, "trend": 24.151073, "fair_value": 23.060732, "relative_strength": 55.456627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.684601, "energy": 98.871211, "activity_lines": [ 32.364, 29.017991, 26.622997, 25.522373 ] }, { "date": "2025-08-01", "close": 36.0, "volume": 1465153285, "typical_volume": 515079965.1, "trend": 24.674386, "fair_value": 23.076152, "relative_strength": 46.012516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.440869, "energy": 94.384343, "activity_lines": [ 34.381333, 30.668688, 27.650134, 26.28682 ] }, { "date": "2025-08-08", "close": 38.689999, "volume": 1124067031, "typical_volume": 561805046.7, "trend": 25.260405, "fair_value": 23.126224, "relative_strength": 51.682596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.19891, "energy": 95.357486, "activity_lines": [ 36.521999, 32.575319, 28.873824, 27.191053 ] }, { "date": "2025-08-15", "close": 39.0, "volume": 1075398007, "typical_volume": 607178212.9, "trend": 25.829131, "fair_value": 23.173915, "relative_strength": 48.44636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.950314, "energy": 92.419361, "activity_lines": [ 37.814666, 34.25734, 30.049977, 28.077479 ] }, { "date": "2025-08-22", "close": 47.950001, "volume": 1836174555, "typical_volume": 694259297.7, "trend": 26.710836, "fair_value": 23.28265, "relative_strength": 73.155301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.127349, "energy": 91.32144, "activity_lines": [ 41.471333, 37.294363, 32.003019, 29.504632 ] }, { "date": "2025-08-29", "close": 56.810001, "volume": 2230809066, "typical_volume": 762478278.3, "trend": 27.903851, "fair_value": 23.437988, "relative_strength": 98.783547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.487307, "energy": 94.291786, "activity_lines": [ 47.082, 41.526182, 34.680379, 31.446513 ] }, { "date": "2025-09-05", "close": 50.610001, "volume": 1432653605, "typical_volume": 818338724.85, "trend": 28.821631, "fair_value": 23.553519, "relative_strength": 75.898316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.818685, "energy": 71.111515, "activity_lines": [ 49.388667, 44.033637, 36.614283, 32.911426 ] }, { "date": "2025-09-12", "close": 53.59, "volume": 1151318994, "typical_volume": 866211848.25, "trend": 29.850728, "fair_value": 23.698724, "relative_strength": 79.850057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.541748, "energy": 72.143848, "activity_lines": [ 51.714667, 46.606364, 38.702977, 34.509385 ] }, { "date": "2025-09-19", "close": 47.049999, "volume": 958346054, "typical_volume": 909408005.55, "trend": 30.648844, "fair_value": 23.805107, "relative_strength": 57.531699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.997044, "energy": 67.664966, "activity_lines": [ 50.867333, 47.459636, 40.023655, 35.619016 ] }, { "date": "2025-09-26", "close": 46.389999, "volume": 733676243, "typical_volume": 932238553.3, "trend": 31.450589, "fair_value": 23.911565, "relative_strength": 52.722367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.558681, "energy": 62.2656, "activity_lines": [ 49.263333, 47.877636, 41.168172, 36.634574 ] }, { "date": "2025-10-03", "close": 48.299999, "volume": 296402516, "typical_volume": 926694058.8, "trend": 32.289705, "fair_value": 24.026974, "relative_strength": 54.426507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.810954, "energy": 53.084549, "activity_lines": [ 48.399999, 48.398727, 42.389617, 37.721633 ] }, { "date": "2025-10-10", "close": 52.48, "volume": 661850488, "typical_volume": 949479401.4, "trend": 33.256506, "fair_value": 24.181078, "relative_strength": 64.31719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.741382, "energy": 52.708654, "activity_lines": [ 49.497333, 49.497091, 43.89437, 39.024233 ] }, { "date": "2025-10-17", "close": 53.0, "volume": 1450330701, "typical_volume": 1016383799.05, "trend": 34.272926, "fair_value": 24.338959, "relative_strength": 65.357549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.445868, "energy": 52.403779, "activity_lines": [ 50.643333, 50.390363, 45.309107, 40.298006 ] }, { "date": "2025-10-24", "close": 51.189999, "volume": 677662189, "typical_volume": 1039781866.1, "trend": 35.20771, "fair_value": 24.498974, "relative_strength": 52.931116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.026853, "energy": 51.047215, "activity_lines": [ 51.225333, 50.694363, 46.409732, 41.38943 ] }, { "date": "2025-10-31", "close": 50.810001, "volume": 969547295, "typical_volume": 1058449359.95, "trend": 36.13948, "fair_value": 24.653198, "relative_strength": 49.706884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.45085, "energy": 49.517566, "activity_lines": [ 51.404667, 50.707636, 47.344809, 42.39603 ] }, { "date": "2025-11-07", "close": 48.27, "volume": 518631870, "typical_volume": 1069110212.8, "trend": 36.925672, "fair_value": 24.796773, "relative_strength": 39.264817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.012317, "energy": 41.412856, "activity_lines": [ 50.442667, 50.207091, 47.915381, 43.178644 ] }, { "date": "2025-11-14", "close": 46.759998, "volume": 435737290, "typical_volume": 1079790613.8, "trend": 37.700474, "fair_value": 24.939721, "relative_strength": 33.745012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.330649, "energy": 27.234493, "activity_lines": [ 48.979333, 49.587272, 48.226428, 43.813117 ] }, { "date": "2025-11-21", "close": 44.099998, "volume": 412946809, "typical_volume": 1089321091.65, "trend": 38.400256, "fair_value": 25.043336, "relative_strength": 30.033851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.176002, "energy": 19.611165, "activity_lines": [ 47.010666, 48.553817, 48.177666, 44.225989 ] }, { "date": "2025-11-28", "close": 45.0, "volume": 319394028, "typical_volume": 1066842059.1, "trend": 39.125045, "fair_value": 25.161835, "relative_strength": 29.527584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.791028, "energy": 18.963625, "activity_lines": [ 45.935332, 47.856545, 48.120904, 44.651779 ] }, { "date": "2025-12-05", "close": 47.330002, "volume": 563836639, "typical_volume": 1010627181.45, "trend": 39.891221, "fair_value": 25.300778, "relative_strength": 34.198386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.609226, "energy": 18.100096, "activity_lines": [ 46.049333, 47.620182, 48.213238, 45.181131 ] }, { "date": "2025-12-12", "close": 46.59, "volume": 339289227, "typical_volume": 932661294.6, "trend": 40.637722, "fair_value": 25.438585, "relative_strength": 31.054128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.048086, "energy": 15.516114, "activity_lines": [ 46.148667, 47.232182, 48.166666, 45.613311 ] }, { "date": "2025-12-19", "close": 45.5, "volume": 309979405, "typical_volume": 874902600.6, "trend": 41.381841, "fair_value": 25.566303, "relative_strength": 26.57815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.914922, "energy": 10.075927, "activity_lines": [ 45.996667, 46.677091, 47.976571, 45.927006 ] }, { "date": "2025-12-26", "close": 46.110001, "volume": 283728356, "typical_volume": 832885666.85, "trend": 42.144297, "fair_value": 25.692108, "relative_strength": 24.537133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.361288, "energy": 7.438708, "activity_lines": [ 46.132001, 46.359818, 47.799333, 46.232048 ] }, { "date": "2026-01-02", "close": 46.119999, "volume": 200750363, "typical_volume": 789153284.65, "trend": 42.88079, "fair_value": 25.821458, "relative_strength": 23.059627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.225191, "energy": 7.874855, "activity_lines": [ 46.136667, 46.169636, 47.587714, 46.488545 ] }, { "date": "2026-01-09", "close": 49.41, "volume": 801039608, "typical_volume": 737396537.3, "trend": 43.692333, "fair_value": 25.979621, "relative_strength": 25.624582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.575562, "energy": 16.896661, "activity_lines": [ 47.163333, 46.669818, 47.655524, 46.909785 ] }, { "date": "2026-01-16", "close": 51.0, "volume": 822680341, "typical_volume": 666990101.05, "trend": 44.593333, "fair_value": 26.147976, "relative_strength": 28.782318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.412786, "energy": 30.175774, "activity_lines": [ 48.581333, 47.484545, 47.867809, 47.381247 ] }, { "date": "2026-01-23", "close": 50.459999, "volume": 520273237, "typical_volume": 621371082.65, "trend": 45.462, "fair_value": 26.304451, "relative_strength": 24.972064, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.482656, "energy": 42.780228, "activity_lines": [ 49.525333, 48.151454, 48.056333, 47.759742 ] }, { "date": "2026-01-30", "close": 51.59, "volume": 1204162475, "typical_volume": 624013256.7, "trend": 46.367666, "fair_value": 26.46627, "relative_strength": 26.821454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.002195, "energy": 55.443791, "activity_lines": [ 50.515333, 48.956545, 48.35319, 48.155097 ] }, { "date": "2026-02-06", "close": 50.110001, "volume": 626120354, "typical_volume": 607401971.7, "trend": 47.047667, "fair_value": 26.605752, "relative_strength": 23.486085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.299236, "energy": 52.57645, "activity_lines": [ 50.646667, 49.356364, 48.518619, 48.396538 ] }, { "date": "2026-02-13", "close": 54.740002, "volume": 788049340, "typical_volume": 610120626.55, "trend": 47.773667, "fair_value": 26.769596, "relative_strength": 32.658341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.848714, "energy": 63.010073, "activity_lines": [ 52.055334, 50.505091, 49.110429, 48.892817 ] }, { "date": "2026-02-27", "close": 62.400002, "volume": 783945105, "typical_volume": 634497756.0, "trend": 48.578667, "fair_value": 26.988809, "relative_strength": 46.021868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.646008, "energy": 81.976295, "activity_lines": [ 55.662001, 52.911819, 50.392, 49.836452 ] }, { "date": "2026-03-06", "close": 54.299999, "volume": 756089952, "typical_volume": 639209729.2, "trend": 49.188667, "fair_value": 27.159392, "relative_strength": 26.730159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.132351, "energy": 64.87297, "activity_lines": [ 55.808667, 53.558364, 50.835, 50.20557 ] }, { "date": "2026-03-13", "close": 50.82, "volume": 440228598, "typical_volume": 588704624.05, "trend": 49.593, "fair_value": 27.2995, "relative_strength": 18.225816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.506709, "energy": 53.027525, "activity_lines": [ 54.539334, 53.412182, 50.937905, 50.310817 ] }, { "date": "2026-03-20", "close": 46.0, "volume": 408306848, "typical_volume": 575236857.0, "trend": 49.826333, "fair_value": 27.416687, "relative_strength": 9.797929, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.805547, "energy": 16.688451, "activity_lines": [ 51.714667, 52.304, 50.592143, 50.079011 ] }, { "date": "2026-03-27", "close": 47.27, "volume": 447067364, "typical_volume": 549112860.45, "trend": 49.803667, "fair_value": 27.55151, "relative_strength": 12.972617, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.031841, "energy": 15.121924, "activity_lines": [ 49.587333, 51.428909, 50.392048, 49.914086 ] }, { "date": "2026-04-03", "close": 47.610001, "volume": 280046034, "typical_volume": 537183568.65, "trend": 49.497, "fair_value": 27.692754, "relative_strength": 13.674611, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.949402, "energy": 20.602379, "activity_lines": [ 48.071334, 50.654546, 50.241191, 49.772559 ] }, { "date": "2026-04-10", "close": 51.607197, "volume": 376101111, "typical_volume": 534201759.7, "trend": 49.53024, "fair_value": 27.858102, "relative_strength": 18.646951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.44439, "energy": 15.682295, "activity_lines": [ 48.873733, 50.668582, 50.474162, 49.908701 ] }, { "date": "2026-04-17", "close": 49.084179, "volume": 573920935, "typical_volume": 542250466.0, "trend": 49.380046, "fair_value": 28.007593, "relative_strength": 10.158195, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.766154, "energy": 11.869766, "activity_lines": [ 49.014646, 50.203029, 50.443764, 49.879923 ] }, { "date": "2026-04-24", "close": 47.109642, "volume": 537492392, "typical_volume": 553155384.2, "trend": 49.382034, "fair_value": 28.139995, "relative_strength": 4.192722, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.526747, "energy": 12.385912, "activity_lines": [ 48.613101, 49.424029, 50.20158, 49.733445 ] }, { "date": "2026-05-01", "close": 52.893635, "volume": 551484084, "typical_volume": 552537756.45, "trend": 49.598822, "fair_value": 28.308525, "relative_strength": 14.901019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.140017, "energy": 15.393833, "activity_lines": [ 50.065578, 49.751217, 50.500207, 49.96 ] }, { "date": "2026-05-08", "close": 54.598915, "volume": 560493808, "typical_volume": 563597985.5, "trend": 49.808786, "fair_value": 28.497228, "relative_strength": 15.497338, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.948452, "energy": 22.269287, "activity_lines": [ 51.711573, 50.422026, 50.934748, 50.282587 ] }, { "date": "2026-05-15", "close": 53.631592, "volume": 941673745, "typical_volume": 595182702.5, "trend": 49.847172, "fair_value": 28.681756, "relative_strength": 13.575842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.28345, "energy": 30.346184, "activity_lines": [ 52.569199, 51.058796, 51.239026, 50.529219 ] }, { "date": "2026-05-22", "close": 50.949017, "volume": 595018891, "typical_volume": 610747229.25, "trend": 49.778806, "fair_value": 28.855671, "relative_strength": 7.54264, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.518056, "energy": 28.764185, "activity_lines": [ 52.397674, 51.219978, 51.249098, 50.600306 ] }, { "date": "2026-05-29", "close": 48.485832, "volume": 557226911, "typical_volume": 628571056.65, "trend": 49.688667, "fair_value": 29.011898, "relative_strength": 2.602769, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.472182, "energy": 15.668631, "activity_lines": [ 51.280765, 50.930963, 51.001538, 50.516889 ] }, { "date": "2026-06-05", "close": 49.522961, "volume": 102653376, "typical_volume": 593651745.05, "trend": 49.645766, "fair_value": 29.174709, "relative_strength": 4.929737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.42452, "energy": 6.94853, "activity_lines": [ 50.417819, 50.785319, 50.841487, 50.506198 ] }, { "date": "2026-06-12", "close": 49.43, "volume": 152440926, "typical_volume": 560139774.3, "trend": 49.684432, "fair_value": 29.34028, "relative_strength": 3.755317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.830162, "energy": 12.136998, "activity_lines": [ 49.748598, 50.58181, 50.672044, 50.492277 ] }, { "date": "2026-06-19", "close": 51.400002, "volume": 642353502, "typical_volume": 566243787.55, "trend": 49.839099, "fair_value": 29.516073, "relative_strength": 5.452346, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.681911, "energy": 16.35606, "activity_lines": [ 50.080638, 50.703393, 50.697697, 50.602959 ] }, { "date": "2026-06-26", "close": 47.259998, "volume": 104873956, "typical_volume": 511279361.6, "trend": 49.944433, "fair_value": 29.667734, "relative_strength": -2.245172, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.95999, "energy": 25.696789, "activity_lines": [ 49.18145, 50.076015, 50.324587, 50.436566 ] }, { "date": "2026-07-03", "close": 48.57, "volume": 87923768, "typical_volume": 484369532.3, "trend": 50.063433, "fair_value": 29.825449, "relative_strength": -0.719464, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.353473, "energy": 26.686793, "activity_lines": [ 48.964864, 49.719986, 50.096859, 50.347893 ] }, { "date": "2026-07-10", "close": 42.509998, "volume": 436252935, "typical_volume": 466779712.05, "trend": 49.902766, "fair_value": 29.948813, "relative_strength": -12.575058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.525696, "energy": 60.328331, "activity_lines": [ 46.722666, 48.235587, 49.299321, 49.860574 ] }, { "date": "2026-07-17", "close": 37.450001, "volume": 354026533, "typical_volume": 445283783.45, "trend": 49.598099, "fair_value": 30.036003, "relative_strength": -18.425672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.999803, "energy": 81.307377, "activity_lines": [ 43.261333, 46.019981, 48.078116, 49.05717 ] }, { "date": "2026-07-24", "close": 39.029999, "volume": 345898581, "typical_volume": 424774214.9, "trend": 49.382432, "fair_value": 30.125543, "relative_strength": -16.219403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.718537, "energy": 83.073433, "activity_lines": [ 41.125333, 44.403446, 47.126197, 48.375357 ] }, { "date": "2026-07-31", "close": 39.700001, "volume": 216745875, "typical_volume": 413600078.75, "trend": 49.168766, "fair_value": 30.222119, "relative_strength": -15.1449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.520092, "energy": 85.309214, "activity_lines": [ 40.037333, 43.174214, 46.310802, 47.750684 ] }, { "date": "2026-08-07", "close": 44.060001, "volume": 431314068, "typical_volume": 414750439.75, "trend": 49.100099, "fair_value": 30.352764, "relative_strength": -8.555974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.586852, "energy": 77.453176, "activity_lines": [ 40.906667, 42.942236, 45.963598, 47.421087 ] } ], "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." } } }