{ "ticker": { "uuid": "fa21d7b2-13f4-414b-bb66-9dfc935532af", "symbol": "300619", "name": "Foshan Golden Milky Way Intelligent Equipment Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.804, "architecture_energy": 68.025, "architecture_maturity": 25.829, "architecture_confidence": 84.542, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.99, "rotation_up": 13.32, "upward_expansion": 17.27, "deceleration": 35.28, "rotation_down": 69.88, "downward_expansion": 88.27 }, "activity_lines": [ 25.031333, 26.393395, 28.672131, 29.955254 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 27.93, "trend_reference": 31.842324, "distance_from_trend": -0.122866, "trend_direction": "Weakening", "fair_value": 22.61105, "distance_from_fair_value": 0.235237, "fair_value_direction": "Weakening", "relative_strength": -12.056846, "relative_strength_direction": "Weakening", "price_momentum": -0.246711, "excess_performance": -0.254111, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.122866, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.070447, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.235237, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.28108, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120568, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.132149, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.246711, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.902897, "read": "Supply-led" } ], "volume": { "latest": 48270211, "relative_activity": 1.12299, "balance": 0.902897, "dry_up": 0.81483, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.144085, "annualized_volatility": 0.652788, "from_high_reference": -0.363109, "from_low_reference": 0.446051 }, "levels": { "trend_reference": 31.842324, "fair_value_reference": 22.61105, "structural_low": 20.5, "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": 21, "median_return": -0.004825, "positive_rate": 0.47619, "directional_follow_through": 0.52381, "median_excess_return": -0.005024, "regime_survival": 0.809524, "best_return": 0.327952, "worst_return": -0.352108, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.038089, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.076686, "regime_survival": 0.625, "best_return": 0.331832, "worst_return": -0.322308, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.077472, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.053253, "regime_survival": 0.8, "best_return": 0.004828, "worst_return": -0.344206, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.092007, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.192272, "regime_survival": 0.666667, "best_return": -0.074139, "worst_return": -0.419145, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.137439, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.241821, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": 0.185366, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.187652, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.22502, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-08-08", "tenure": "Developing", "return": -0.10127, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.008637, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-12-26", "tenure": "Established", "return": 0.563489, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.015945, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": -0.148252, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": -0.02965, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.0138, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": -0.097146, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.078253, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 29.165388, "volume": 3749052, "typical_volume": 5732175.7, "trend": 28.442763, "fair_value": 23.360378, "relative_strength": 1.328882, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.269714, "energy": 36.031077, "activity_lines": [ 29.206523, 28.652959, 28.18768, 28.276638 ] }, { "date": "2023-08-04", "close": 34.009773, "volume": 23328444, "typical_volume": 6644293.1, "trend": 28.641161, "fair_value": 23.518485, "relative_strength": 16.414484, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.39489, "energy": 68.777027, "activity_lines": [ 30.89784, 29.677306, 28.765959, 28.6358 ] }, { "date": "2023-08-11", "close": 30.160378, "volume": 16380014, "typical_volume": 7292159.35, "trend": 28.692212, "fair_value": 23.649124, "relative_strength": 7.25585, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.668792, "energy": 64.779334, "activity_lines": [ 30.89574, 29.890602, 28.950401, 28.733814 ] }, { "date": "2023-08-18", "close": 28.206413, "volume": 8170696, "typical_volume": 7519497.5, "trend": 28.715451, "fair_value": 23.767122, "relative_strength": 3.60795, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.001371, "energy": 32.107641, "activity_lines": [ 30.100948, 29.721441, 28.941436, 28.702472 ] }, { "date": "2023-08-25", "close": 26.945793, "volume": 6827748, "typical_volume": 7673568.75, "trend": 28.665793, "fair_value": 23.877385, "relative_strength": 2.294463, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -10.260032, "energy": 11.413906, "activity_lines": [ 29.014712, 29.316041, 28.812668, 28.588301 ] }, { "date": "2023-09-01", "close": 28.210917, "volume": 8240749, "typical_volume": 7798963.35, "trend": 28.592059, "fair_value": 23.995586, "relative_strength": 3.818856, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.448558, "energy": 15.558606, "activity_lines": [ 28.519168, 29.155486, 28.807178, 28.558954 ] }, { "date": "2023-09-08", "close": 27.850739, "volume": 4706717, "typical_volume": 7806140.9, "trend": 28.476642, "fair_value": 24.110412, "relative_strength": 4.313433, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.561878, "energy": 19.125079, "activity_lines": [ 27.967196, 28.906305, 28.762802, 28.511127 ] }, { "date": "2023-09-15", "close": 27.274454, "volume": 4287444, "typical_volume": 7650770.0, "trend": 28.365097, "fair_value": 24.219443, "relative_strength": 3.569538, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.943106, "energy": 24.991502, "activity_lines": [ 27.633732, 28.55243, 28.651296, 28.433566 ] }, { "date": "2023-09-22", "close": 27.278957, "volume": 3375229, "typical_volume": 7745903.45, "trend": 28.266593, "fair_value": 24.32594, "relative_strength": 3.3639, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.216872, "energy": 27.932011, "activity_lines": [ 27.494163, 28.21329, 28.535941, 28.363493 ] }, { "date": "2023-09-29", "close": 27.139387, "volume": 2413732, "typical_volume": 7377431.65, "trend": 28.198658, "fair_value": 24.435947, "relative_strength": 3.629436, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.845469, "energy": 31.605548, "activity_lines": [ 27.369901, 27.900754, 28.403572, 28.29077 ] }, { "date": "2023-10-13", "close": 27.580605, "volume": 4599968, "typical_volume": 7153995.0, "trend": 28.113805, "fair_value": 24.541845, "relative_strength": 5.759327, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.178601, "energy": 20.305784, "activity_lines": [ 27.379806, 27.711006, 28.317106, 28.250895 ] }, { "date": "2023-10-20", "close": 26.630636, "volume": 4876734, "typical_volume": 7146270.6, "trend": 28.058439, "fair_value": 24.648563, "relative_strength": 7.459318, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.888303, "energy": 28.827942, "activity_lines": [ 27.115075, 27.37735, 28.146614, 28.155207 ] }, { "date": "2023-10-27", "close": 27.008823, "volume": 5041460, "typical_volume": 6999158.25, "trend": 28.004587, "fair_value": 24.759287, "relative_strength": 6.753945, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.799425, "energy": 24.752446, "activity_lines": [ 27.057747, 27.246622, 28.018165, 28.08749 ] }, { "date": "2023-11-03", "close": 26.473059, "volume": 4433212, "typical_volume": 7055150.85, "trend": 27.945017, "fair_value": 24.864649, "relative_strength": 3.821124, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.198929, "energy": 28.58516, "activity_lines": [ 26.839539, 27.075783, 27.846576, 27.988682 ] }, { "date": "2023-11-10", "close": 25.739197, "volume": 7231683, "typical_volume": 7166454.85, "trend": 27.885266, "fair_value": 24.954224, "relative_strength": -0.15756, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.27237, "energy": 57.675996, "activity_lines": [ 26.430438, 26.803031, 27.611508, 27.846371 ] }, { "date": "2023-11-17", "close": 26.135393, "volume": 6957691, "typical_volume": 7378983.3, "trend": 27.848164, "fair_value": 25.047749, "relative_strength": 1.595597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.651803, "energy": 59.438296, "activity_lines": [ 26.246747, 26.624252, 27.4238, 27.733476 ] }, { "date": "2023-11-24", "close": 25.25746, "volume": 5435086, "typical_volume": 7187084.2, "trend": 27.847445, "fair_value": 25.138179, "relative_strength": -0.290131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.121279, "energy": 71.830017, "activity_lines": [ 25.86676, 26.323585, 27.156303, 27.566333 ] }, { "date": "2023-12-01", "close": 24.708187, "volume": 6108489, "typical_volume": 7154067.5, "trend": 27.791847, "fair_value": 25.215243, "relative_strength": -1.144731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.817831, "energy": 78.999343, "activity_lines": [ 25.395227, 25.970202, 26.848866, 27.363801 ] }, { "date": "2023-12-08", "close": 23.951815, "volume": 7719640, "typical_volume": 6963043.25, "trend": 27.706989, "fair_value": 25.28271, "relative_strength": -2.389086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.442847, "energy": 85.205358, "activity_lines": [ 24.824946, 25.525955, 26.485258, 27.116057 ] }, { "date": "2023-12-15", "close": 22.934315, "volume": 5649272, "typical_volume": 6976653.0, "trend": 27.539653, "fair_value": 25.340602, "relative_strength": -4.75176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.878028, "energy": 91.36001, "activity_lines": [ 24.083581, 24.957202, 26.054202, 26.808142 ] }, { "date": "2023-12-22", "close": 24.001339, "volume": 7664326, "typical_volume": 7172416.7, "trend": 27.37521, "fair_value": 25.41659, "relative_strength": 1.379971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.4436, "energy": 81.098056, "activity_lines": [ 23.884882, 24.65891, 25.755941, 26.579864 ] }, { "date": "2023-12-29", "close": 25.054859, "volume": 7435852, "typical_volume": 6377787.1, "trend": 27.280507, "fair_value": 25.499935, "relative_strength": 2.310847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.588413, "energy": 62.285131, "activity_lines": [ 24.179628, 24.617243, 25.582605, 26.430164 ] }, { "date": "2024-01-05", "close": 24.293983, "volume": 3908190, "typical_volume": 5754195.9, "trend": 27.134812, "fair_value": 25.587644, "relative_strength": 3.543281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.318492, "energy": 50.661598, "activity_lines": [ 24.234254, 24.465887, 25.379448, 26.237485 ] }, { "date": "2024-01-12", "close": 24.460566, "volume": 5614430, "typical_volume": 5626382.6, "trend": 27.022847, "fair_value": 25.664877, "relative_strength": 5.510416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.84922, "energy": 39.591901, "activity_lines": [ 24.372022, 24.394179, 25.220091, 26.064953 ] }, { "date": "2024-01-19", "close": 22.484089, "volume": 5681200, "typical_volume": 5569055.2, "trend": 26.846948, "fair_value": 25.736407, "relative_strength": -0.735544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.169373, "energy": 49.844603, "activity_lines": [ 23.817048, 23.999702, 24.890335, 25.77213 ] }, { "date": "2024-01-26", "close": 21.73222, "volume": 4784939, "typical_volume": 5396264.7, "trend": 26.673415, "fair_value": 25.810112, "relative_strength": -3.862908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.870441, "energy": 57.422692, "activity_lines": [ 23.041465, 23.527705, 24.510219, 25.442147 ] }, { "date": "2024-02-02", "close": 16.617699, "volume": 7654897, "typical_volume": 5543673.7, "trend": 26.298823, "fair_value": 25.857393, "relative_strength": -19.854877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.242981, "energy": 91.399013, "activity_lines": [ 20.712317, 22.205854, 23.673857, 24.793392 ] }, { "date": "2024-02-09", "close": 15.847816, "volume": 13748637, "typical_volume": 6016733.35, "trend": 25.892422, "fair_value": 25.903856, "relative_strength": -29.814002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.642731, "energy": 95.670561, "activity_lines": [ 18.689019, 20.90111, 22.817663, 24.119133 ] }, { "date": "2024-02-23", "close": 17.711737, "volume": 10881037, "typical_volume": 6392023.75, "trend": 25.478218, "fair_value": 25.961346, "relative_strength": -23.330148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.621207, "energy": 88.477084, "activity_lines": [ 17.850105, 20.096358, 22.193398, 23.591347 ] }, { "date": "2024-03-01", "close": 18.233995, "volume": 13292474, "typical_volume": 6935960.85, "trend": 25.103333, "fair_value": 26.027221, "relative_strength": -23.73363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.885601, "energy": 87.085301, "activity_lines": [ 17.635199, 19.500019, 21.66443, 23.123978 ] }, { "date": "2024-03-08", "close": 17.423595, "volume": 9566766, "typical_volume": 7184300.75, "trend": 24.71194, "fair_value": 26.089715, "relative_strength": -26.217316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.297576, "energy": 72.69463, "activity_lines": [ 17.4335, 18.841794, 21.100687, 22.628511 ] }, { "date": "2024-03-15", "close": 18.895819, "volume": 19263783, "typical_volume": 7903653.2, "trend": 24.208141, "fair_value": 26.161473, "relative_strength": -21.715214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.293198, "energy": 56.567212, "activity_lines": [ 18.009783, 18.570842, 20.725523, 22.253277 ] }, { "date": "2024-03-22", "close": 18.490622, "volume": 11450432, "typical_volume": 8224101.8, "trend": 23.81915, "fair_value": 26.225654, "relative_strength": -22.601194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.757957, "energy": 49.160934, "activity_lines": [ 18.299127, 18.3382, 20.348602, 21.884405 ] }, { "date": "2024-03-29", "close": 18.121439, "volume": 7206915, "typical_volume": 8362786.95, "trend": 23.482984, "fair_value": 26.289023, "relative_strength": -22.470732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.853482, "energy": 43.369888, "activity_lines": [ 18.289222, 18.14395, 19.977083, 21.516811 ] }, { "date": "2024-04-05", "close": 19.134439, "volume": 18530807, "typical_volume": 8927743.15, "trend": 23.222605, "fair_value": 26.352726, "relative_strength": -19.085997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.667961, "energy": 34.365087, "activity_lines": [ 18.58967, 18.249138, 19.74181, 21.236259 ] }, { "date": "2024-04-12", "close": 19.35955, "volume": 23430223, "typical_volume": 9751369.75, "trend": 22.92756, "fair_value": 26.418907, "relative_strength": -15.120351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.060807, "energy": 29.482808, "activity_lines": [ 18.905126, 18.456159, 19.559427, 20.98703 ] }, { "date": "2024-04-19", "close": 16.644712, "volume": 14780891, "typical_volume": 10218660.0, "trend": 22.554026, "fair_value": 26.464174, "relative_strength": -27.138819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.019275, "energy": 39.502258, "activity_lines": [ 18.186572, 18.212712, 19.150754, 20.581685 ] }, { "date": "2024-04-26", "close": 19.445093, "volume": 30942041, "typical_volume": 11460337.6, "trend": 22.293047, "fair_value": 26.530904, "relative_strength": -16.373032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.13469, "energy": 24.311598, "activity_lines": [ 18.551552, 18.477934, 19.049797, 20.381109 ] }, { "date": "2024-05-03", "close": 17.855808, "volume": 9122485, "typical_volume": 11530479.85, "trend": 21.978942, "fair_value": 26.589951, "relative_strength": -23.989544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.644104, "energy": 31.681295, "activity_lines": [ 18.323139, 18.388789, 18.822542, 20.094835 ] }, { "date": "2024-05-10", "close": 18.54915, "volume": 16265644, "typical_volume": 12061298.45, "trend": 21.692601, "fair_value": 26.652924, "relative_strength": -21.950166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.428575, "energy": 31.798342, "activity_lines": [ 18.343549, 18.423088, 18.690348, 19.873558 ] }, { "date": "2024-05-17", "close": 17.792776, "volume": 8431029, "typical_volume": 12099633.6, "trend": 21.36634, "fair_value": 26.71171, "relative_strength": -24.645675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.758746, "energy": 30.853308, "activity_lines": [ 18.150853, 18.314134, 18.507001, 19.621957 ] }, { "date": "2024-05-24", "close": 17.216494, "volume": 6088418, "typical_volume": 12032261.9, "trend": 21.052535, "fair_value": 26.766659, "relative_strength": -24.456537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.354552, "energy": 39.994008, "activity_lines": [ 17.870516, 18.093689, 18.298334, 19.354225 ] }, { "date": "2024-05-31", "close": 17.036404, "volume": 5336511, "typical_volume": 12103677.95, "trend": 20.720121, "fair_value": 26.824713, "relative_strength": -24.290851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.915815, "energy": 48.029472, "activity_lines": [ 17.492029, 17.871034, 18.109841, 19.095119 ] }, { "date": "2024-06-07", "close": 16.203493, "volume": 5281586, "typical_volume": 12087035.75, "trend": 20.377802, "fair_value": 26.876449, "relative_strength": -26.673425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.207224, "energy": 59.881925, "activity_lines": [ 16.996484, 17.523381, 17.876583, 18.803724 ] }, { "date": "2024-06-14", "close": 16.311274, "volume": 3658230, "typical_volume": 11985887.25, "trend": 20.063538, "fair_value": 26.927725, "relative_strength": -25.653244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.252894, "energy": 62.583553, "activity_lines": [ 16.647021, 17.230196, 17.692909, 18.541367 ] }, { "date": "2024-06-21", "close": 15.082018, "volume": 5921432, "typical_volume": 12042711.9, "trend": 19.695092, "fair_value": 26.970373, "relative_strength": -29.31124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.393798, "energy": 69.773768, "activity_lines": [ 16.036998, 16.76484, 17.421558, 18.219979 ] }, { "date": "2024-06-28", "close": 14.325554, "volume": 8326505, "typical_volume": 12076292.3, "trend": 19.330695, "fair_value": 27.005523, "relative_strength": -30.743436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.085403, "energy": 75.389403, "activity_lines": [ 15.355537, 16.239718, 17.10983, 17.873557 ] }, { "date": "2024-07-05", "close": 11.346972, "volume": 33498488, "typical_volume": 13063784.85, "trend": 18.885321, "fair_value": 27.016715, "relative_strength": -43.652871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.613844, "energy": 89.669879, "activity_lines": [ 13.873945, 15.215203, 16.525343, 17.358478 ] }, { "date": "2024-07-12", "close": 11.193316, "volume": 23230871, "typical_volume": 13681276.55, "trend": 18.460038, "fair_value": 27.024849, "relative_strength": -44.832988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.101225, "energy": 93.896088, "activity_lines": [ 12.720429, 14.309989, 15.947654, 16.86222 ] }, { "date": "2024-07-19", "close": 10.590508, "volume": 16380370, "typical_volume": 13835671.35, "trend": 18.048578, "fair_value": 27.019735, "relative_strength": -47.481416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.971637, "energy": 94.139749, "activity_lines": [ 11.69999, 13.416309, 15.343595, 16.354508 ] }, { "date": "2024-07-26", "close": 10.289104, "volume": 14348317, "typical_volume": 14074748.9, "trend": 17.591503, "fair_value": 27.020495, "relative_strength": -46.467316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.259454, "energy": 93.2416, "activity_lines": [ 10.960467, 12.612532, 14.747229, 15.853897 ] }, { "date": "2024-08-02", "close": 11.104669, "volume": 33485056, "typical_volume": 14785812.55, "trend": 17.126497, "fair_value": 27.027837, "relative_strength": -41.206796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.332967, "energy": 88.236016, "activity_lines": [ 10.812326, 12.093469, 14.262509, 15.435392 ] }, { "date": "2024-08-09", "close": 10.336383, "volume": 22956433, "typical_volume": 15361112.6, "trend": 16.661244, "fair_value": 27.016857, "relative_strength": -43.545925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.227505, "energy": 88.749908, "activity_lines": [ 10.622816, 11.545842, 13.741719, 14.99732 ] }, { "date": "2024-08-16", "close": 10.200456, "volume": 12291143, "typical_volume": 15615324.0, "trend": 16.185907, "fair_value": 27.009212, "relative_strength": -43.090433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.455747, "energy": 75.860599, "activity_lines": [ 10.455369, 11.09532, 13.246815, 14.580495 ] }, { "date": "2024-08-23", "close": 11.807944, "volume": 64066794, "typical_volume": 17892123.35, "trend": 15.830035, "fair_value": 27.0083, "relative_strength": -31.948494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.41563, "energy": 61.988372, "activity_lines": [ 10.889942, 11.046214, 12.942723, 14.298045 ] }, { "date": "2024-08-30", "close": 11.713386, "volume": 50754003, "typical_volume": 19258312.35, "trend": 15.496074, "fair_value": 27.006983, "relative_strength": -33.054777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.573803, "energy": 49.952934, "activity_lines": [ 11.211834, 11.061794, 12.664513, 14.032455 ] }, { "date": "2024-09-06", "close": 14.278275, "volume": 104859766, "typical_volume": 23762256.1, "trend": 15.418093, "fair_value": 26.98356, "relative_strength": -15.510009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.279384, "energy": 25.338581, "activity_lines": [ 12.293736, 11.604966, 12.666989, 13.953888 ] }, { "date": "2024-09-13", "close": 14.638777, "volume": 83907147, "typical_volume": 26410511.4, "trend": 15.377792, "fair_value": 26.93191, "relative_strength": -11.069768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.311966, "energy": 24.030326, "activity_lines": [ 13.284232, 12.214544, 12.715068, 13.903609 ] }, { "date": "2024-09-20", "close": 13.415432, "volume": 28322366, "typical_volume": 27370505.45, "trend": 15.234582, "fair_value": 26.876019, "relative_strength": -18.631047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.287692, "energy": 25.497867, "activity_lines": [ 13.580121, 12.541844, 12.669524, 13.777005 ] }, { "date": "2024-09-27", "close": 15.554809, "volume": 61876169, "typical_volume": 29651031.7, "trend": 15.145276, "fair_value": 26.842917, "relative_strength": -19.12794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.029881, "energy": 26.827154, "activity_lines": [ 14.374803, 13.217719, 12.848876, 13.797665 ] }, { "date": "2024-10-04", "close": 18.231985, "volume": 21152530, "typical_volume": 30287106.75, "trend": 15.172222, "fair_value": 26.844349, "relative_strength": -13.565241, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.334678, "energy": 47.130932, "activity_lines": [ 15.812086, 14.290094, 13.297455, 13.996808 ] }, { "date": "2024-10-11", "close": 16.624498, "volume": 65486632, "typical_volume": 33257017.45, "trend": 15.096511, "fair_value": 26.824183, "relative_strength": -16.686356, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.199984, "energy": 48.966875, "activity_lines": [ 16.278967, 14.925783, 13.590849, 14.090503 ] }, { "date": "2024-10-18", "close": 17.812384, "volume": 48974895, "typical_volume": 35438936.65, "trend": 15.073903, "fair_value": 26.773862, "relative_strength": -12.426632, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.536281, "energy": 59.568719, "activity_lines": [ 16.985394, 15.67709, 14.000194, 14.26572 ] }, { "date": "2024-10-25", "close": 18.362003, "volume": 67758695, "typical_volume": 38562792.1, "trend": 15.081922, "fair_value": 26.737263, "relative_strength": -11.035173, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.669408, "energy": 58.833364, "activity_lines": [ 17.663455, 16.392401, 14.458188, 14.477856 ] }, { "date": "2024-11-01", "close": 16.399923, "volume": 42211019, "typical_volume": 40490431.55, "trend": 14.990772, "fair_value": 26.687136, "relative_strength": -18.326245, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.76494, "energy": 37.405426, "activity_lines": [ 17.357717, 16.602578, 14.719039, 14.562888 ] }, { "date": "2024-11-08", "close": 17.611448, "volume": 33621032, "typical_volume": 41875411.55, "trend": 14.932502, "fair_value": 26.645525, "relative_strength": -16.919571, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.645984, "energy": 35.386549, "activity_lines": [ 17.39948, 16.949541, 15.094851, 14.731964 ] }, { "date": "2024-11-15", "close": 16.45311, "volume": 48677365, "typical_volume": 43892954.55, "trend": 14.926115, "fair_value": 26.602307, "relative_strength": -18.538579, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.699328, "energy": 26.111198, "activity_lines": [ 17.0965, 16.978661, 15.348301, 14.830068 ] }, { "date": "2024-11-22", "close": 15.726195, "volume": 27060032, "typical_volume": 43571031.75, "trend": 14.802152, "fair_value": 26.515739, "relative_strength": -18.900217, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 40.798492, "energy": 23.046368, "activity_lines": [ 16.562641, 16.836071, 15.522389, 14.881686 ] }, { "date": "2024-11-29", "close": 16.618587, "volume": 22774486, "typical_volume": 43548212.5, "trend": 14.760911, "fair_value": 26.44653, "relative_strength": -14.81267, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.652162, "energy": 22.149386, "activity_lines": [ 16.465324, 16.835964, 15.760614, 14.998875 ] }, { "date": "2024-12-06", "close": 16.281725, "volume": 19902034, "typical_volume": 43724295.7, "trend": 14.68533, "fair_value": 26.35897, "relative_strength": -17.032012, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.510658, "energy": 18.772629, "activity_lines": [ 16.371948, 16.716369, 15.940921, 15.096992 ] }, { "date": "2024-12-13", "close": 15.607998, "volume": 16266675, "typical_volume": 43820213.6, "trend": 14.612504, "fair_value": 26.262367, "relative_strength": -18.984424, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.673269, "energy": 18.543903, "activity_lines": [ 16.061877, 16.461062, 16.029963, 15.156519 ] }, { "date": "2024-12-20", "close": 16.145798, "volume": 28507644, "typical_volume": 43571343.0, "trend": 14.576814, "fair_value": 26.06423, "relative_strength": -14.825364, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.968096, "energy": 15.147006, "activity_lines": [ 16.064635, 16.351246, 16.144897, 15.255441 ] }, { "date": "2024-12-27", "close": 15.714375, "volume": 23889603, "typical_volume": 43618001.5, "trend": 14.532747, "fair_value": 25.811758, "relative_strength": -16.183394, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.764447, "energy": 11.979354, "activity_lines": [ 15.944073, 16.171693, 16.194737, 15.328832 ] }, { "date": "2025-01-03", "close": 13.244045, "volume": 15297082, "typical_volume": 43768298.45, "trend": 14.434098, "fair_value": 25.618701, "relative_strength": -22.824075, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.416145, "energy": 14.653649, "activity_lines": [ 15.000856, 15.581135, 15.983698, 15.24569 ] }, { "date": "2025-01-10", "close": 12.599868, "volume": 12731121, "typical_volume": 41201514.8, "trend": 14.310385, "fair_value": 25.442113, "relative_strength": -24.667634, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.206118, "energy": 47.036267, "activity_lines": [ 14.067883, 14.966507, 15.696815, 15.127353 ] }, { "date": "2025-01-17", "close": 13.326783, "volume": 11417868, "typical_volume": 39234708.05, "trend": 14.251877, "fair_value": 25.295624, "relative_strength": -21.94933, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.846455, "energy": 54.259652, "activity_lines": [ 13.622671, 14.553138, 15.475391, 15.063895 ] }, { "date": "2025-01-24", "close": 13.037199, "volume": 11955254, "typical_volume": 34589482.45, "trend": 14.208932, "fair_value": 25.138204, "relative_strength": -23.488724, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.476482, "energy": 60.639332, "activity_lines": [ 13.233013, 14.165019, 15.218705, 14.985528 ] }, { "date": "2025-01-31", "close": 12.919002, "volume": 2414535, "typical_volume": 30514851.85, "trend": 14.261333, "fair_value": 24.969885, "relative_strength": -22.068482, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.688325, "energy": 60.490508, "activity_lines": [ 13.011196, 13.817519, 14.956673, 14.902307 ] }, { "date": "2025-02-07", "close": 13.764115, "volume": 8734851, "typical_volume": 29535476.1, "trend": 14.347026, "fair_value": 24.850688, "relative_strength": -19.545549, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.955024, "energy": 47.261102, "activity_lines": [ 13.257441, 13.674714, 14.783316, 14.870229 ] }, { "date": "2025-02-14", "close": 13.840944, "volume": 13951182, "typical_volume": 27139226.75, "trend": 14.455374, "fair_value": 24.730658, "relative_strength": -19.917299, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.042714, "energy": 33.218921, "activity_lines": [ 13.494624, 13.597779, 14.615616, 14.837578 ] }, { "date": "2025-02-21", "close": 14.98746, "volume": 28975669, "typical_volume": 27530383.7, "trend": 14.611986, "fair_value": 24.639296, "relative_strength": -14.590141, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.242114, "energy": 14.128465, "activity_lines": [ 14.031242, 13.773678, 14.56527, 14.871906 ] }, { "date": "2025-02-28", "close": 15.797115, "volume": 30186136, "typical_volume": 25765358.9, "trend": 14.768401, "fair_value": 24.559981, "relative_strength": -6.249845, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 14.403194, "energy": 20.394155, "activity_lines": [ 14.727032, 14.10807, 14.607483, 14.948366 ] }, { "date": "2025-03-07", "close": 17.038189, "volume": 86290102, "typical_volume": 27631119.25, "trend": 14.991794, "fair_value": 24.498936, "relative_strength": -0.705585, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.840978, "energy": 32.430239, "activity_lines": [ 15.652519, 14.674452, 14.771834, 15.094804 ] }, { "date": "2025-03-14", "close": 17.475521, "volume": 50398878, "typical_volume": 26763128.4, "trend": 15.234296, "fair_value": 24.430899, "relative_strength": 1.053869, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.610645, "energy": 44.610696, "activity_lines": [ 16.449171, 15.296279, 14.981522, 15.255045 ] }, { "date": "2025-03-21", "close": 17.103199, "volume": 36846663, "typical_volume": 26494910.6, "trend": 15.410805, "fair_value": 24.34463, "relative_strength": 2.005814, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.486298, "energy": 51.252919, "activity_lines": [ 16.874289, 15.773475, 15.159973, 15.375619 ] }, { "date": "2025-03-28", "close": 15.856213, "volume": 18047812, "typical_volume": 25716249.6, "trend": 15.548899, "fair_value": 24.214067, "relative_strength": -4.207981, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.378825, "energy": 47.740926, "activity_lines": [ 16.666261, 15.942068, 15.216314, 15.404355 ] }, { "date": "2025-04-04", "close": 16.063059, "volume": 29507614, "typical_volume": 24757762.05, "trend": 15.608392, "fair_value": 24.084628, "relative_strength": -0.136521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.740632, "energy": 31.305336, "activity_lines": [ 16.469265, 16.102279, 15.300712, 15.437527 ] }, { "date": "2025-04-11", "close": 13.840944, "volume": 31557972, "typical_volume": 24982659.05, "trend": 15.581798, "fair_value": 23.944028, "relative_strength": -8.519902, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -18.666085, "energy": 10.269987, "activity_lines": [ 15.513834, 15.803454, 15.175339, 15.323498 ] }, { "date": "2025-04-18", "close": 14.550129, "volume": 38473304, "typical_volume": 25767599.95, "trend": 15.619621, "fair_value": 23.761303, "relative_strength": -2.942111, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.640647, "energy": 23.659847, "activity_lines": [ 15.007948, 15.616809, 15.126483, 15.256938 ] }, { "date": "2025-04-25", "close": 13.98278, "volume": 19825215, "typical_volume": 25763759.0, "trend": 15.56722, "fair_value": 23.613257, "relative_strength": -7.249932, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.590499, "energy": 30.743325, "activity_lines": [ 14.507972, 15.312719, 15.033445, 15.151336 ] }, { "date": "2025-05-02", "close": 14.284184, "volume": 7390509, "typical_volume": 25319950.7, "trend": 15.435626, "fair_value": 23.482989, "relative_strength": -4.57917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.380644, "energy": 31.89753, "activity_lines": [ 14.316492, 15.06085, 14.980059, 15.068559 ] }, { "date": "2025-05-09", "close": 14.792434, "volume": 12494978, "typical_volume": 24519317.4, "trend": 15.374558, "fair_value": 23.383347, "relative_strength": -2.84875, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.055849, "energy": 29.43182, "activity_lines": [ 14.39923, 14.914178, 14.981382, 15.027063 ] }, { "date": "2025-05-16", "close": 14.881083, "volume": 15465043, "typical_volume": 24098089.4, "trend": 15.276848, "fair_value": 23.287501, "relative_strength": -2.310023, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.035217, "energy": 21.313125, "activity_lines": [ 14.596226, 14.80189, 14.997592, 14.995226 ] }, { "date": "2025-05-23", "close": 14.51467, "volume": 30233108, "typical_volume": 24844890.7, "trend": 15.148603, "fair_value": 23.195097, "relative_strength": -3.784146, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.960594, "energy": 18.149998, "activity_lines": [ 14.601742, 14.662202, 14.982873, 14.946053 ] }, { "date": "2025-05-30", "close": 14.130527, "volume": 15676322, "typical_volume": 24992150.75, "trend": 15.072957, "fair_value": 23.10749, "relative_strength": -4.968706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.97882, "energy": 19.360933, "activity_lines": [ 14.481574, 14.506503, 14.925519, 14.880371 ] }, { "date": "2025-06-06", "close": 14.712651, "volume": 13610346, "typical_volume": 25101774.65, "trend": 14.97633, "fair_value": 23.008662, "relative_strength": -2.054761, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.901795, "energy": 13.823816, "activity_lines": [ 14.545598, 14.510694, 14.916317, 14.857125 ] }, { "date": "2025-06-13", "close": 17.824203, "volume": 165744939, "typical_volume": 32791258.9, "trend": 15.022033, "fair_value": 22.919063, "relative_strength": 19.384673, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.980909, "energy": 30.05371, "activity_lines": [ 15.618242, 15.101413, 15.196853, 15.040859 ] }, { "date": "2025-06-20", "close": 22.380133, "volume": 214298140, "typical_volume": 43385439.15, "trend": 15.243831, "fair_value": 22.850603, "relative_strength": 50.529224, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.338207, "energy": 72.879899, "activity_lines": [ 18.00741, 16.488463, 15.888492, 15.515575 ] }, { "date": "2025-06-27", "close": 20.905025, "volume": 175811884, "typical_volume": 51739290.8, "trend": 15.386712, "fair_value": 22.763438, "relative_strength": 34.857314, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.034306, "energy": 76.523939, "activity_lines": [ 19.40494, 17.452053, 16.394592, 15.880813 ] }, { "date": "2025-07-04", "close": 19.960035, "volume": 110047380, "typical_volume": 56544100.7, "trend": 15.509323, "fair_value": 22.660334, "relative_strength": 26.199894, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.347111, "energy": 76.507599, "activity_lines": [ 20.061449, 18.128283, 16.776688, 16.175867 ] }, { "date": "2025-07-11", "close": 19.913939, "volume": 52440843, "typical_volume": 57717359.4, "trend": 15.652854, "fair_value": 22.547601, "relative_strength": 22.765775, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.353737, "energy": 78.670105, "activity_lines": [ 20.313959, 18.687455, 17.125256, 16.460035 ] }, { "date": "2025-07-18", "close": 20.198202, "volume": 48701879, "typical_volume": 58643146.55, "trend": 15.787934, "fair_value": 22.444007, "relative_strength": 21.019306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.802123, "energy": 70.342173, "activity_lines": [ 20.31447, 19.195952, 17.477437, 16.753284 ] }, { "date": "2025-07-25", "close": 20.81283, "volume": 63876378, "typical_volume": 57522460.35, "trend": 15.957883, "fair_value": 22.344213, "relative_strength": 20.849104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.547117, "energy": 53.675075, "activity_lines": [ 20.361591, 19.717912, 17.867197, 17.07747 ] }, { "date": "2025-08-01", "close": 19.767963, "volume": 58306978, "typical_volume": 57917865.35, "trend": 16.175347, "fair_value": 22.232849, "relative_strength": 15.905557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.359388, "energy": 42.275795, "activity_lines": [ 20.16491, 19.942047, 18.13947, 17.323282 ] }, { "date": "2025-08-08", "close": 20.113691, "volume": 41318233, "typical_volume": 58141443.85, "trend": 16.425807, "fair_value": 22.132839, "relative_strength": 15.651657, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.535063, "energy": 38.199518, "activity_lines": [ 20.159276, 20.133527, 18.433754, 17.577369 ] }, { "date": "2025-08-15", "close": 20.459421, "volume": 60883188, "typical_volume": 60283212.65, "trend": 16.663562, "fair_value": 22.050956, "relative_strength": 11.784856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.565691, "energy": 34.177835, "activity_lines": [ 20.258641, 20.279082, 18.746629, 17.837602 ] }, { "date": "2025-08-22", "close": 20.636126, "volume": 45065513, "typical_volume": 61061107.6, "trend": 16.91686, "fair_value": 21.971906, "relative_strength": 7.493112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.618993, "energy": 36.131217, "activity_lines": [ 20.380543, 20.352279, 19.054413, 18.093896 ] }, { "date": "2025-08-29", "close": 22.810371, "volume": 104525307, "typical_volume": 64709474.35, "trend": 17.246572, "fair_value": 21.912126, "relative_strength": 13.314253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.888878, "energy": 45.410052, "activity_lines": [ 21.197998, 20.769667, 19.547491, 18.474123 ] }, { "date": "2025-09-05", "close": 25.47632, "volume": 121281184, "typical_volume": 68849868.35, "trend": 17.636979, "fair_value": 21.851881, "relative_strength": 27.206655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.263816, "energy": 64.946197, "activity_lines": [ 22.770933, 21.663951, 20.251758, 19.005074 ] }, { "date": "2025-09-12", "close": 29.578959, "volume": 232661843, "typical_volume": 79491699.75, "trend": 18.161579, "fair_value": 21.814218, "relative_strength": 43.092572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.04281, "energy": 89.915322, "activity_lines": [ 25.330857, 23.221054, 21.294723, 19.775525 ] }, { "date": "2025-09-19", "close": 26.390577, "volume": 122172747, "typical_volume": 85230811.65, "trend": 18.541683, "fair_value": 21.773266, "relative_strength": 25.694518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.59485, "energy": 88.073682, "activity_lines": [ 26.19697, 24.023562, 21.959765, 20.306428 ] }, { "date": "2025-09-26", "close": 26.544235, "volume": 102456082, "typical_volume": 89728866.85, "trend": 18.89992, "fair_value": 21.738602, "relative_strength": 24.545404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.697831, "energy": 87.384804, "activity_lines": [ 26.718891, 24.736251, 22.581791, 20.822721 ] }, { "date": "2025-10-03", "close": 25.45327, "volume": 28653518, "typical_volume": 90388290.6, "trend": 19.180423, "fair_value": 21.685301, "relative_strength": 16.414798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.757446, "energy": 84.30392, "activity_lines": [ 26.483284, 25.135201, 23.043955, 21.245518 ] }, { "date": "2025-10-10", "close": 25.760584, "volume": 24762697, "typical_volume": 90114770.05, "trend": 19.456592, "fair_value": 21.64815, "relative_strength": 18.938522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.720276, "energy": 55.74678, "activity_lines": [ 26.173921, 25.505653, 23.485043, 21.670045 ] }, { "date": "2025-10-17", "close": 29.732615, "volume": 141509211, "typical_volume": 96406414.5, "trend": 19.877572, "fair_value": 21.644244, "relative_strength": 43.427726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.406937, "energy": 59.376279, "activity_lines": [ 27.169618, 26.489337, 24.250868, 22.333014 ] }, { "date": "2025-10-24", "close": 28.810675, "volume": 70093062, "typical_volume": 99230550.3, "trend": 20.309388, "fair_value": 21.634082, "relative_strength": 32.02081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.341953, "energy": 54.953869, "activity_lines": [ 27.847757, 27.130506, 24.854594, 22.909343 ] }, { "date": "2025-10-31", "close": 35.033779, "volume": 144861226, "typical_volume": 98186364.65, "trend": 20.941745, "fair_value": 21.66116, "relative_strength": 57.53157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.786104, "energy": 67.690407, "activity_lines": [ 30.438925, 28.751307, 25.983862, 23.859304 ] }, { "date": "2025-11-07", "close": 33.574039, "volume": 70724703, "typical_volume": 91007692.8, "trend": 21.599515, "fair_value": 21.682281, "relative_strength": 49.07805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.828998, "energy": 75.645966, "activity_lines": [ 31.977543, 29.844925, 26.892158, 24.674291 ] }, { "date": "2025-11-14", "close": 34.150253, "volume": 85459474, "typical_volume": 86490072.3, "trend": 22.252852, "fair_value": 21.714792, "relative_strength": 51.961912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.106583, "energy": 80.66122, "activity_lines": [ 33.166848, 30.847606, 27.802026, 25.484016 ] }, { "date": "2025-11-21", "close": 32.260273, "volume": 144365597, "typical_volume": 88205983.15, "trend": 22.862102, "fair_value": 21.712158, "relative_strength": 49.510776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.466582, "energy": 61.246383, "activity_lines": [ 33.166848, 31.348947, 28.468824, 26.129656 ] }, { "date": "2025-11-28", "close": 39.405319, "volume": 132043146, "typical_volume": 92186098.3, "trend": 23.699473, "fair_value": 21.769132, "relative_strength": 73.503539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.69392, "energy": 63.625727, "activity_lines": [ 35.38002, 33.100636, 29.75753, 27.19696 ] }, { "date": "2025-12-05", "close": 35.456337, "volume": 63782295, "typical_volume": 92940119.1, "trend": 24.38827, "fair_value": 21.80258, "relative_strength": 52.185691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.786012, "energy": 54.484364, "activity_lines": [ 35.570555, 33.897697, 30.577327, 27.955467 ] }, { "date": "2025-12-12", "close": 34.288544, "volume": 124539609, "typical_volume": 95973280.65, "trend": 25.035186, "fair_value": 21.836583, "relative_strength": 44.178067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.063511, "energy": 49.928753, "activity_lines": [ 35.343655, 34.320393, 31.213247, 28.594195 ] }, { "date": "2025-12-19", "close": 33.174534, "volume": 60512823, "typical_volume": 96083572.9, "trend": 25.657181, "fair_value": 21.862897, "relative_strength": 39.242792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.460272, "energy": 45.975447, "activity_lines": [ 34.697785, 34.3799, 31.678901, 29.119314 ] }, { "date": "2025-12-26", "close": 35.663773, "volume": 75364781, "typical_volume": 97785900.3, "trend": 26.374956, "fair_value": 21.906666, "relative_strength": 42.850198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.085831, "energy": 39.95077, "activity_lines": [ 34.946708, 34.757198, 32.317784, 29.7649 ] }, { "date": "2026-01-02", "close": 33.727695, "volume": 40416764, "typical_volume": 96762579.1, "trend": 27.008791, "fair_value": 21.946413, "relative_strength": 34.257387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.113979, "energy": 29.132532, "activity_lines": [ 34.323373, 34.674642, 32.698231, 30.239271 ] }, { "date": "2026-01-09", "close": 36.693275, "volume": 79372139, "typical_volume": 98477910.4, "trend": 27.63776, "fair_value": 22.005544, "relative_strength": 38.030515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.00447, "energy": 35.291816, "activity_lines": [ 35.067072, 35.041882, 33.297932, 30.864076 ] }, { "date": "2026-01-16", "close": 34.265495, "volume": 75751280, "typical_volume": 97039209.05, "trend": 28.033938, "fair_value": 22.045337, "relative_strength": 26.044722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.701235, "energy": 29.127355, "activity_lines": [ 34.919049, 34.937535, 33.589954, 31.291672 ] }, { "date": "2026-01-23", "close": 38.452648, "volume": 87755945, "typical_volume": 95362947.1, "trend": 28.618859, "fair_value": 22.10831, "relative_strength": 37.94769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.85431, "energy": 38.951, "activity_lines": [ 36.168281, 35.581916, 34.226203, 31.963847 ] }, { "date": "2026-01-30", "close": 37.077419, "volume": 102379901, "typical_volume": 88848850.0, "trend": 29.189439, "fair_value": 22.169644, "relative_strength": 33.424604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.286932, "energy": 38.304923, "activity_lines": [ 36.607228, 35.898031, 34.669687, 32.50956 ] }, { "date": "2026-02-06", "close": 39.24398, "volume": 55398645, "typical_volume": 85510144.9, "trend": 29.833773, "fair_value": 22.238929, "relative_strength": 42.134394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.934214, "energy": 43.027256, "activity_lines": [ 37.674119, 36.520481, 35.283802, 33.15824 ] }, { "date": "2026-02-13", "close": 36.08633, "volume": 60093287, "typical_volume": 83392005.15, "trend": 30.363378, "fair_value": 22.275233, "relative_strength": 27.336265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.116922, "energy": 36.397415, "activity_lines": [ 37.320708, 36.571747, 35.535982, 33.561631 ] }, { "date": "2026-02-27", "close": 36.462788, "volume": 45444388, "typical_volume": 84231548.65, "trend": 30.885043, "fair_value": 22.308243, "relative_strength": 23.794866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.751131, "energy": 31.627394, "activity_lines": [ 37.133246, 36.680005, 35.778577, 33.955142 ] }, { "date": "2026-03-06", "close": 32.974777, "volume": 42346638, "typical_volume": 85110745.7, "trend": 31.32527, "fair_value": 22.323333, "relative_strength": 13.599039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.130916, "energy": 17.282406, "activity_lines": [ 35.636627, 36.114547, 35.636554, 34.089963 ] }, { "date": "2026-03-13", "close": 32.751976, "volume": 44581577, "typical_volume": 80264364.0, "trend": 31.746546, "fair_value": 22.339473, "relative_strength": 11.222805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.168868, "energy": 14.131341, "activity_lines": [ 34.430933, 35.512212, 35.438959, 34.182009 ] }, { "date": "2026-03-20", "close": 30.316513, "volume": 39452893, "typical_volume": 78732355.55, "trend": 32.075116, "fair_value": 22.346775, "relative_strength": 5.445644, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.272469, "energy": 18.888375, "activity_lines": [ 32.70178, 34.520007, 34.995037, 34.089748 ] }, { "date": "2026-03-27", "close": 32.091248, "volume": 42362034, "typical_volume": 73607395.95, "trend": 32.456953, "fair_value": 22.359371, "relative_strength": 11.718578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.920866, "energy": 25.463654, "activity_lines": [ 32.159371, 33.912503, 34.712966, 34.090789 ] }, { "date": "2026-04-03", "close": 29.41762, "volume": 31099028, "typical_volume": 71626112.2, "trend": 32.677195, "fair_value": 22.366589, "relative_strength": 4.851932, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.670274, "energy": 44.001815, "activity_lines": [ 30.992091, 32.902558, 34.190277, 33.894703 ] }, { "date": "2026-04-10", "close": 32.291004, "volume": 27058530, "typical_volume": 68706065.0, "trend": 32.904351, "fair_value": 22.390093, "relative_strength": 6.70908, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.678805, "energy": 38.195145, "activity_lines": [ 31.252283, 32.50319, 33.961035, 33.869788 ] }, { "date": "2026-04-17", "close": 32.73661, "volume": 41976255, "typical_volume": 63586597.9, "trend": 33.009606, "fair_value": 22.418788, "relative_strength": 3.252345, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.669809, "energy": 22.03541, "activity_lines": [ 31.706596, 32.296871, 33.783086, 33.858966 ] }, { "date": "2026-04-24", "close": 32.029785, "volume": 83696141, "typical_volume": 61169247.65, "trend": 33.19758, "fair_value": 22.447622, "relative_strength": 0.058956, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.811087, "energy": 18.357725, "activity_lines": [ 31.926324, 32.040962, 33.535552, 33.795751 ] }, { "date": "2026-05-01", "close": 31.52272, "volume": 56100957, "typical_volume": 60785180.75, "trend": 33.363529, "fair_value": 22.475021, "relative_strength": -3.203075, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.16627, "energy": 11.84281, "activity_lines": [ 31.862813, 31.824026, 33.274847, 33.687696 ] }, { "date": "2026-05-08", "close": 34.165619, "volume": 38974419, "typical_volume": 56506921.25, "trend": 33.653941, "fair_value": 22.531987, "relative_strength": 1.158049, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.303882, "energy": 5.814583, "activity_lines": [ 32.71817, 32.170593, 33.284579, 33.739444 ] }, { "date": "2026-05-15", "close": 34.78793, "volume": 77879328, "typical_volume": 57375246.5, "trend": 33.954852, "fair_value": 22.585908, "relative_strength": 2.314162, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.958142, "energy": 13.40649, "activity_lines": [ 33.464431, 32.672073, 33.354164, 33.812604 ] }, { "date": "2026-05-22", "close": 35.003048, "volume": 51863446, "typical_volume": 56200179.75, "trend": 34.130534, "fair_value": 22.640431, "relative_strength": 2.007322, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.801675, "energy": 14.694962, "activity_lines": [ 34.115936, 33.1797, 33.436553, 33.88023 ] }, { "date": "2026-05-29", "close": 32.559902, "volume": 47611709, "typical_volume": 56559927.0, "trend": 34.255508, "fair_value": 22.669953, "relative_strength": -5.520952, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.813954, "energy": 18.232405, "activity_lines": [ 33.801963, 33.202189, 33.289408, 33.778899 ] }, { "date": "2026-06-05", "close": 30.347244, "volume": 37154614, "typical_volume": 54449050.75, "trend": 34.09929, "fair_value": 22.679008, "relative_strength": -10.888708, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.672797, "energy": 20.978144, "activity_lines": [ 32.715097, 32.781588, 32.937095, 33.526753 ] }, { "date": "2026-06-12", "close": 28.918234, "volume": 30345481, "typical_volume": 52178760.8, "trend": 33.944096, "fair_value": 22.685562, "relative_strength": -13.456456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.273457, "energy": 45.718135, "activity_lines": [ 31.230259, 32.132877, 32.478904, 33.192491 ] }, { "date": "2026-06-19", "close": 30.301146, "volume": 25277460, "typical_volume": 49054836.55, "trend": 33.815793, "fair_value": 22.696051, "relative_strength": -15.449375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.475134, "energy": 54.849783, "activity_lines": [ 30.556217, 31.744683, 32.177883, 32.957462 ] }, { "date": "2026-06-26", "close": 26.782402, "volume": 37504397, "typical_volume": 45811061.35, "trend": 33.633197, "fair_value": 22.689403, "relative_strength": -23.737094, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.313442, "energy": 72.453567, "activity_lines": [ 29.008379, 30.752898, 31.58056, 32.503695 ] }, { "date": "2026-07-03", "close": 32.43, "volume": 52175254, "typical_volume": 45649891.8, "trend": 33.400687, "fair_value": 22.719332, "relative_strength": -6.614385, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.917456, "energy": 53.820913, "activity_lines": [ 29.891117, 30.896206, 31.570127, 32.426069 ] }, { "date": "2026-07-10", "close": 28.309999, "volume": 38496377, "typical_volume": 44570046.3, "trend": 33.162475, "fair_value": 22.728125, "relative_strength": -15.480897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.439494, "energy": 44.763707, "activity_lines": [ 29.409182, 30.283147, 31.199761, 32.097638 ] }, { "date": "2026-07-17", "close": 23.33, "volume": 33267155, "typical_volume": 43961184.65, "trend": 32.79719, "fair_value": 22.699116, "relative_strength": -23.434833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.189628, "energy": 63.314223, "activity_lines": [ 27.403063, 28.823047, 30.392139, 31.463284 ] }, { "date": "2026-07-24", "close": 23.110001, "volume": 34931752, "typical_volume": 43590440.35, "trend": 32.461706, "fair_value": 22.667514, "relative_strength": -24.417035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.903548, "energy": 66.16262, "activity_lines": [ 25.69616, 27.519958, 29.626102, 30.838304 ] }, { "date": "2026-07-31", "close": 22.879999, "volume": 23628390, "typical_volume": 42542781.0, "trend": 32.03558, "fair_value": 22.62099, "relative_strength": -23.972879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.133373, "energy": 78.937606, "activity_lines": [ 24.392, 26.387376, 28.885135, 30.22013 ] }, { "date": "2026-08-07", "close": 27.93, "volume": 48270211, "typical_volume": 42983646.9, "trend": 31.842324, "fair_value": 22.61105, "relative_strength": -12.056846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.804388, "energy": 68.025028, "activity_lines": [ 25.031333, 26.393395, 28.672131, 29.955254 ] } ], "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." } } }