{ "ticker": { "uuid": "03c880ef-9bc7-4157-a95f-6d2f49abe2d5", "symbol": "605337", "name": "Zhe Jiang Li Zi Yuan Food 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -40.172, "architecture_energy": 26.067, "architecture_maturity": 100.0, "architecture_confidence": 80.134, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 27.97, "rotation_up": 27.79, "upward_expansion": 21.61, "deceleration": 47.0, "rotation_down": 27.97, "downward_expansion": 60.28 }, "activity_lines": [ 9.172667, 8.953433, 9.264136, 9.754106 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.47, "trend_reference": 10.504702, "distance_from_trend": -0.098499, "trend_direction": "Weakening", "fair_value": 11.502141, "distance_from_fair_value": -0.176675, "fair_value_direction": "Weakening", "relative_strength": -16.31631, "relative_strength_direction": "Improving", "price_momentum": -0.350925, "excess_performance": -0.307721, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.098499, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095489, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.176675, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.040999, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.163163, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.057001, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.350925, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.538229, "read": "Supply-led" } ], "volume": { "latest": 30577708, "relative_activity": 2.003994, "balance": 0.538229, "dry_up": 1.892079, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.069741, "annualized_volatility": 0.345735, "from_high_reference": -0.367055, "from_low_reference": 0.149272 }, "levels": { "trend_reference": 10.504702, "fair_value_reference": 11.502141, "structural_low": 8.24, "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": 25, "median_return": -0.035628, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.030252, "regime_survival": 0.84, "best_return": 0.261682, "worst_return": -0.191584, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.033816, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.023231, "regime_survival": 0.666667, "best_return": 0.841388, "worst_return": -0.316875, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.183193, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.0912, "regime_survival": 0.6, "best_return": 0.28271, "worst_return": -0.339976, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.003406, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.03352, "regime_survival": 0.666667, "best_return": 0.652702, "worst_return": -0.472827, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": -0.079946, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-10-18", "tenure": "Established", "return": -0.127222, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.099284, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": 0.408531, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.150529, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-21", "tenure": "Developing", "return": 0.068435, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-06-27", "tenure": "Established", "return": 0.092372, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-08-29", "tenure": "Developing", "return": 0.111723, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.052244, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-12-05", "tenure": "Developing", "return": -0.016273, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.081685, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.188485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.045075, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.123148, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 17.336763, "volume": 19043036, "typical_volume": 16824510.6, "trend": 16.975739, "fair_value": 17.758499, "relative_strength": 6.77882, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.96542, "energy": 3.114779, "activity_lines": [ 16.870701, 16.811375, 16.883513, 17.002356 ] }, { "date": "2023-08-04", "close": 17.082876, "volume": 20028536, "typical_volume": 17267730.8, "trend": 17.009471, "fair_value": 17.753179, "relative_strength": 4.804171, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.201817, "energy": 12.275443, "activity_lines": [ 16.984949, 16.867239, 16.894823, 17.009268 ] }, { "date": "2023-08-11", "close": 15.749976, "volume": 15691172, "typical_volume": 17254204.7, "trend": 17.023465, "fair_value": 17.737529, "relative_strength": -0.427882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.431217, "energy": 22.905456, "activity_lines": [ 16.621046, 16.676824, 16.781687, 16.928011 ] }, { "date": "2023-08-18", "close": 15.632101, "volume": 12962581, "typical_volume": 17100934.05, "trend": 17.021184, "fair_value": 17.721208, "relative_strength": 0.548621, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.046016, "energy": 42.292851, "activity_lines": [ 16.269838, 16.47998, 16.665321, 16.838245 ] }, { "date": "2023-08-25", "close": 15.015522, "volume": 8652319, "typical_volume": 16629118.15, "trend": 17.019842, "fair_value": 17.700395, "relative_strength": -1.293839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.78854, "energy": 66.470141, "activity_lines": [ 15.75723, 16.179604, 16.500685, 16.708848 ] }, { "date": "2023-09-01", "close": 15.341947, "volume": 12309842, "typical_volume": 15705184.4, "trend": 16.971306, "fair_value": 17.682391, "relative_strength": -1.47107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.799689, "energy": 70.12829, "activity_lines": [ 15.483397, 15.98952, 16.372587, 16.600597 ] }, { "date": "2023-09-08", "close": 14.942982, "volume": 7785961, "typical_volume": 15247812.85, "trend": 16.899641, "fair_value": 17.661638, "relative_strength": -3.58449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.297102, "energy": 73.841352, "activity_lines": [ 15.209563, 15.75146, 16.21078, 16.469737 ] }, { "date": "2023-09-15", "close": 14.761638, "volume": 8222146, "typical_volume": 13887562.15, "trend": 16.766829, "fair_value": 17.639834, "relative_strength": -4.781417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.750733, "energy": 78.021309, "activity_lines": [ 15.01794, 15.510104, 16.036747, 16.331801 ] }, { "date": "2023-09-22", "close": 14.480548, "volume": 15271961, "typical_volume": 13913699.6, "trend": 16.625791, "fair_value": 17.616257, "relative_strength": -7.14026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.829756, "energy": 78.124112, "activity_lines": [ 14.79851, 15.249789, 15.849593, 16.184299 ] }, { "date": "2023-09-29", "close": 14.380807, "volume": 8421085, "typical_volume": 13479253.35, "trend": 16.4844, "fair_value": 17.592291, "relative_strength": -7.205434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.415164, "energy": 77.368244, "activity_lines": [ 14.622603, 15.004311, 15.671291, 16.039462 ] }, { "date": "2023-10-13", "close": 13.900238, "volume": 27723883, "typical_volume": 14189546.45, "trend": 16.352369, "fair_value": 17.565143, "relative_strength": -9.661702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.641611, "energy": 77.378914, "activity_lines": [ 14.328821, 14.718443, 15.46203, 15.872741 ] }, { "date": "2023-10-20", "close": 13.328996, "volume": 22506125, "typical_volume": 14447549.3, "trend": 16.209757, "fair_value": 17.534222, "relative_strength": -10.331933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.884443, "energy": 80.121077, "activity_lines": [ 13.940739, 14.391194, 15.212197, 15.677685 ] }, { "date": "2023-10-27", "close": 14.117855, "volume": 18709007, "typical_volume": 14539634.15, "trend": 16.099384, "fair_value": 17.509466, "relative_strength": -6.290048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.266706, "energy": 64.608956, "activity_lines": [ 13.923209, 14.275627, 15.054339, 15.542724 ] }, { "date": "2023-11-03", "close": 14.163192, "volume": 12736983, "typical_volume": 14662317.3, "trend": 15.977261, "fair_value": 17.485392, "relative_strength": -6.622888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.08278, "energy": 54.957992, "activity_lines": [ 13.96371, 14.197977, 14.9125, 15.417808 ] }, { "date": "2023-11-10", "close": 13.900238, "volume": 10594373, "typical_volume": 14251783.75, "trend": 15.901932, "fair_value": 17.459784, "relative_strength": -8.859568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.042409, "energy": 52.43544, "activity_lines": [ 13.937717, 14.099225, 14.754857, 15.283807 ] }, { "date": "2023-11-17", "close": 13.96371, "volume": 10706976, "typical_volume": 14078392.35, "trend": 15.825976, "fair_value": 17.434989, "relative_strength": -9.041841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.748343, "energy": 46.22538, "activity_lines": [ 13.964919, 14.032292, 14.621913, 15.15876 ] }, { "date": "2023-11-24", "close": 14.344539, "volume": 17593234, "typical_volume": 14425092.5, "trend": 15.770716, "fair_value": 17.413225, "relative_strength": -6.367692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.887815, "energy": 36.687691, "activity_lines": [ 14.114833, 14.059659, 14.538234, 15.063183 ] }, { "date": "2023-12-01", "close": 14.507751, "volume": 13284998, "typical_volume": 14484684.1, "trend": 15.666709, "fair_value": 17.392907, "relative_strength": -5.038717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.528634, "energy": 30.51527, "activity_lines": [ 14.251447, 14.127582, 14.480721, 14.981702 ] }, { "date": "2023-12-08", "close": 13.664487, "volume": 25607166, "typical_volume": 15228728.05, "trend": 15.511043, "fair_value": 17.367016, "relative_strength": -8.731602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.956959, "energy": 34.81049, "activity_lines": [ 14.080981, 14.0468, 14.352526, 14.852526 ] }, { "date": "2023-12-15", "close": 13.274591, "volume": 9745141, "typical_volume": 14879826.25, "trend": 15.370504, "fair_value": 17.338792, "relative_strength": -10.415842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.665459, "energy": 45.268143, "activity_lines": [ 13.813796, 13.909965, 14.19972, 14.708239 ] }, { "date": "2023-12-22", "close": 12.576406, "volume": 9730545, "typical_volume": 14414201.7, "trend": 15.229556, "fair_value": 17.306173, "relative_strength": -14.131579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.0832, "energy": 67.162626, "activity_lines": [ 13.355593, 13.666301, 13.997993, 14.527975 ] }, { "date": "2023-12-29", "close": 12.775888, "volume": 13294043, "typical_volume": 14077477.05, "trend": 15.093199, "fair_value": 17.275355, "relative_strength": -14.230368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.868142, "energy": 77.315566, "activity_lines": [ 13.056371, 13.482976, 13.837933, 14.369673 ] }, { "date": "2024-01-05", "close": 12.340654, "volume": 5991729, "typical_volume": 13592504.9, "trend": 14.95205, "fair_value": 17.242012, "relative_strength": -15.52265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.819763, "energy": 84.027197, "activity_lines": [ 12.716647, 13.230574, 13.656931, 14.19209 ] }, { "date": "2024-01-12", "close": 12.286251, "volume": 10821488, "typical_volume": 13485450.25, "trend": 14.824805, "fair_value": 17.208752, "relative_strength": -14.206874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.089145, "energy": 86.43217, "activity_lines": [ 12.503263, 13.000593, 13.486983, 14.020103 ] }, { "date": "2024-01-19", "close": 11.624335, "volume": 10433835, "typical_volume": 13574526.05, "trend": 14.618372, "fair_value": 17.171523, "relative_strength": -17.163967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.054646, "energy": 90.149148, "activity_lines": [ 12.161122, 12.68439, 13.269928, 13.813621 ] }, { "date": "2024-01-26", "close": 11.361382, "volume": 11590652, "typical_volume": 13538566.55, "trend": 14.440652, "fair_value": 17.133045, "relative_strength": -20.896188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.292351, "energy": 90.769191, "activity_lines": [ 11.841347, 12.361757, 13.043979, 13.603492 ] }, { "date": "2024-02-02", "close": 9.756462, "volume": 13939590, "typical_volume": 13846248.0, "trend": 14.213364, "fair_value": 17.084515, "relative_strength": -27.29604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.758014, "energy": 95.734596, "activity_lines": [ 11.0676, 11.794636, 12.684135, 13.301287 ] }, { "date": "2024-02-09", "close": 9.90154, "volume": 21666964, "typical_volume": 14518488.9, "trend": 13.992423, "fair_value": 17.037567, "relative_strength": -29.241427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.333121, "energy": 90.346804, "activity_lines": [ 10.543508, 11.337312, 12.362805, 13.023104 ] }, { "date": "2024-02-23", "close": 10.590657, "volume": 15232900, "typical_volume": 14516535.85, "trend": 13.802311, "fair_value": 16.995704, "relative_strength": -27.325599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.726631, "energy": 78.723537, "activity_lines": [ 10.411729, 11.089032, 12.13025, 12.803636 ] }, { "date": "2024-03-01", "close": 10.382109, "volume": 17324319, "typical_volume": 14961697.55, "trend": 13.582881, "fair_value": 16.953036, "relative_strength": -28.6026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.047592, "energy": 66.179267, "activity_lines": [ 10.323473, 10.858721, 11.896355, 12.582977 ] }, { "date": "2024-03-08", "close": 9.910607, "volume": 19492772, "typical_volume": 14550142.0, "trend": 13.335343, "fair_value": 16.907892, "relative_strength": -31.592821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.293324, "energy": 65.956668, "activity_lines": [ 10.160866, 10.595274, 11.636597, 12.346057 ] }, { "date": "2024-03-15", "close": 10.418378, "volume": 22747956, "typical_volume": 14562233.55, "trend": 13.113193, "fair_value": 16.898258, "relative_strength": -27.651853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.288344, "energy": 57.898374, "activity_lines": [ 10.264233, 10.472617, 11.444197, 12.157865 ] }, { "date": "2024-03-22", "close": 11.996096, "volume": 67753135, "typical_volume": 17014439.95, "trend": 12.988064, "fair_value": 16.887558, "relative_strength": -15.968913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.674733, "energy": 36.667909, "activity_lines": [ 10.849379, 10.679683, 11.415916, 12.085795 ] }, { "date": "2024-03-29", "close": 12.177444, "volume": 49036205, "typical_volume": 18829401.05, "trend": 12.872908, "fair_value": 16.894647, "relative_strength": -14.00724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.838502, "energy": 20.137564, "activity_lines": [ 11.355337, 10.925985, 11.415009, 12.033496 ] }, { "date": "2024-04-05", "close": 11.796616, "volume": 22338917, "typical_volume": 19416628.25, "trend": 12.765611, "fair_value": 16.904699, "relative_strength": -16.947631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.592743, "energy": 24.861272, "activity_lines": [ 11.628567, 11.105024, 11.387289, 11.964058 ] }, { "date": "2024-04-12", "close": 11.887288, "volume": 51798921, "typical_volume": 21471225.5, "trend": 12.650456, "fair_value": 16.916514, "relative_strength": -14.391169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.431303, "energy": 24.055855, "activity_lines": [ 11.83772, 11.297416, 11.378222, 11.907392 ] }, { "date": "2024-04-19", "close": 11.234439, "volume": 26195606, "typical_volume": 21901344.1, "trend": 12.526838, "fair_value": 16.912592, "relative_strength": -19.902334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.862955, "energy": 16.052005, "activity_lines": [ 11.697479, 11.361547, 11.316866, 11.816036 ] }, { "date": "2024-04-26", "close": 11.080295, "volume": 20883588, "typical_volume": 22281273.6, "trend": 12.404127, "fair_value": 16.905407, "relative_strength": -21.175738, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.544692, "energy": 11.879004, "activity_lines": [ 11.451451, 11.370779, 11.25564, 11.722711 ] }, { "date": "2024-05-03", "close": 11.261642, "volume": 10399697, "typical_volume": 21520900.15, "trend": 12.29683, "fair_value": 16.896869, "relative_strength": -19.890341, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.916826, "energy": 16.79114, "activity_lines": [ 11.326927, 11.391552, 11.228006, 11.649002 ] }, { "date": "2024-05-10", "close": 11.379518, "volume": 25568141, "typical_volume": 22312050.15, "trend": 12.196787, "fair_value": 16.879941, "relative_strength": -19.749294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.135909, "energy": 20.197529, "activity_lines": [ 11.302747, 11.421557, 11.223041, 11.589821 ] }, { "date": "2024-05-17", "close": 11.442988, "volume": 18129932, "typical_volume": 22732019.5, "trend": 12.114878, "fair_value": 16.852437, "relative_strength": -18.637315, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.887553, "energy": 18.336582, "activity_lines": [ 11.327531, 11.444967, 11.233144, 11.541189 ] }, { "date": "2024-05-24", "close": 10.862678, "volume": 17743669, "typical_volume": 22954500.8, "trend": 12.032668, "fair_value": 16.811107, "relative_strength": -20.507508, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.458374, "energy": 21.134935, "activity_lines": [ 11.188498, 11.335005, 11.193377, 11.460402 ] }, { "date": "2024-05-31", "close": 11.007756, "volume": 10262023, "typical_volume": 23168015.5, "trend": 11.928998, "fair_value": 16.777247, "relative_strength": -18.844665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.916958, "energy": 20.521112, "activity_lines": [ 11.122609, 11.243342, 11.176538, 11.394278 ] }, { "date": "2024-06-07", "close": 10.194468, "volume": 12292742, "typical_volume": 23241578.2, "trend": 11.796707, "fair_value": 16.746269, "relative_strength": -23.32472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.214914, "energy": 41.71886, "activity_lines": [ 10.790459, 11.021779, 11.08859, 11.282373 ] }, { "date": "2024-06-14", "close": 10.109356, "volume": 6607209, "typical_volume": 23050246.9, "trend": 11.670344, "fair_value": 16.686764, "relative_strength": -22.885459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.001959, "energy": 55.310103, "activity_lines": [ 10.501084, 10.820795, 11.002497, 11.173512 ] }, { "date": "2024-06-21", "close": 9.551403, "volume": 9384811, "typical_volume": 22939954.85, "trend": 11.523267, "fair_value": 16.609265, "relative_strength": -25.709147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.705263, "energy": 72.574149, "activity_lines": [ 10.110402, 10.549042, 10.870479, 11.036806 ] }, { "date": "2024-06-28", "close": 9.286612, "volume": 10265365, "typical_volume": 22756243.6, "trend": 11.35467, "fair_value": 16.497873, "relative_strength": -26.255414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.75094, "energy": 81.667145, "activity_lines": [ 9.757562, 10.271616, 10.721863, 10.892505 ] }, { "date": "2024-07-05", "close": 9.097475, "volume": 7252706, "typical_volume": 22035530.7, "trend": 11.174327, "fair_value": 16.378237, "relative_strength": -26.619223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.020418, "energy": 84.092043, "activity_lines": [ 9.446747, 9.995217, 10.55747, 10.74688 ] }, { "date": "2024-07-12", "close": 9.220414, "volume": 9457600, "typical_volume": 21746765.7, "trend": 11.026192, "fair_value": 16.271417, "relative_strength": -25.455095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.043707, "energy": 84.016543, "activity_lines": [ 9.304265, 9.777221, 10.408615, 10.620821 ] }, { "date": "2024-07-19", "close": 8.993449, "volume": 6956053, "typical_volume": 21228352.4, "trend": 10.883487, "fair_value": 16.119317, "relative_strength": -26.830004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.745917, "energy": 87.999911, "activity_lines": [ 9.151064, 9.555072, 10.24467, 10.489676 ] }, { "date": "2024-07-26", "close": 8.66246, "volume": 8005327, "typical_volume": 20653980.15, "trend": 10.753022, "fair_value": 15.98949, "relative_strength": -26.596982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.341789, "energy": 90.095773, "activity_lines": [ 8.961927, 9.316127, 10.055814, 10.346384 ] }, { "date": "2024-08-02", "close": 9.002907, "volume": 11150736, "typical_volume": 20074119.15, "trend": 10.627256, "fair_value": 15.857097, "relative_strength": -23.275634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.359298, "energy": 76.750178, "activity_lines": [ 8.945535, 9.189636, 9.905325, 10.233474 ] }, { "date": "2024-08-09", "close": 9.031278, "volume": 11468910, "typical_volume": 17259907.9, "trend": 10.516943, "fair_value": 15.742156, "relative_strength": -21.070633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.510736, "energy": 64.294396, "activity_lines": [ 8.957514, 9.102117, 9.764279, 10.130507 ] }, { "date": "2024-08-16", "close": 8.775943, "volume": 6171560, "typical_volume": 15116675.65, "trend": 10.399933, "fair_value": 15.630112, "relative_strength": -22.965418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.791439, "energy": 60.775982, "activity_lines": [ 8.888794, 9.00411, 9.613033, 10.018185 ] }, { "date": "2024-08-23", "close": 8.265273, "volume": 7214549, "typical_volume": 14360457.25, "trend": 10.287964, "fair_value": 15.533515, "relative_strength": -26.077011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.590036, "energy": 66.90685, "activity_lines": [ 8.679483, 8.839046, 9.429349, 9.880465 ] }, { "date": "2024-08-30", "close": 8.322014, "volume": 10581236, "typical_volume": 12299573.0, "trend": 10.186652, "fair_value": 15.44379, "relative_strength": -24.486381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.27731, "energy": 66.221367, "activity_lines": [ 8.53763, 8.717826, 9.267886, 9.753629 ] }, { "date": "2024-09-06", "close": 8.095051, "volume": 9602251, "typical_volume": 11469905.25, "trend": 10.131272, "fair_value": 15.356495, "relative_strength": -23.770422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.850456, "energy": 84.929158, "activity_lines": [ 8.34282, 8.577693, 9.101784, 9.618687 ] }, { "date": "2024-09-13", "close": 7.631665, "volume": 9965596, "typical_volume": 10924005.65, "trend": 10.055609, "fair_value": 15.252444, "relative_strength": -25.722126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.745114, "energy": 90.904763, "activity_lines": [ 8.054071, 8.374973, 8.9065, 9.457422 ] }, { "date": "2024-09-20", "close": 7.877543, "volume": 8940825, "typical_volume": 10851062.05, "trend": 9.965172, "fair_value": 15.162182, "relative_strength": -23.503933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.469778, "energy": 82.043948, "activity_lines": [ 7.940589, 8.243609, 8.751055, 9.316902 ] }, { "date": "2024-09-27", "close": 9.38118, "volume": 20780699, "typical_volume": 10611689.95, "trend": 9.931808, "fair_value": 15.08304, "relative_strength": -18.544284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.704669, "energy": 47.772408, "activity_lines": [ 8.388212, 8.410049, 8.754928, 9.279225 ] }, { "date": "2024-10-04", "close": 10.213382, "volume": 12200623, "typical_volume": 10315224.5, "trend": 9.9419, "fair_value": 15.027089, "relative_strength": -17.269675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.758093, "energy": 14.127476, "activity_lines": [ 9.038843, 8.720749, 8.847574, 9.297391 ] }, { "date": "2024-10-11", "close": 9.088018, "volume": 37820908, "typical_volume": 11319086.45, "trend": 9.897555, "fair_value": 14.960192, "relative_strength": -22.947955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.810973, "energy": 25.273718, "activity_lines": [ 9.188261, 8.798639, 8.838898, 9.242302 ] }, { "date": "2024-10-18", "close": 8.823227, "volume": 19606859, "typical_volume": 11786328.25, "trend": 9.791793, "fair_value": 14.89792, "relative_strength": -25.49611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.560745, "energy": 22.858546, "activity_lines": [ 9.183217, 8.826838, 8.813455, 9.17299 ] }, { "date": "2024-10-25", "close": 9.239327, "volume": 29206844, "typical_volume": 12632033.35, "trend": 9.693856, "fair_value": 14.834245, "relative_strength": -22.196831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.375099, "energy": 18.843672, "activity_lines": [ 9.237436, 8.934473, 8.838042, 9.137347 ] }, { "date": "2024-11-01", "close": 9.56086, "volume": 35748063, "typical_volume": 14089076.05, "trend": 9.61933, "fair_value": 14.766092, "relative_strength": -18.038853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.665658, "energy": 10.255284, "activity_lines": [ 9.308047, 9.092145, 8.897801, 9.128767 ] }, { "date": "2024-11-08", "close": 10.15664, "volume": 41592957, "typical_volume": 15699483.35, "trend": 9.561642, "fair_value": 14.696547, "relative_strength": -16.700479, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.753385, "energy": 30.175626, "activity_lines": [ 9.565273, 9.334584, 9.016912, 9.163432 ] }, { "date": "2024-11-15", "close": 9.97696, "volume": 61682293, "typical_volume": 18270329.75, "trend": 9.519726, "fair_value": 14.616782, "relative_strength": -14.452181, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.060737, "energy": 36.465413, "activity_lines": [ 9.766388, 9.510996, 9.116028, 9.190227 ] }, { "date": "2024-11-22", "close": 9.759454, "volume": 34945227, "typical_volume": 19654955.8, "trend": 9.475698, "fair_value": 14.539201, "relative_strength": -13.940919, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.103539, "energy": 33.158662, "activity_lines": [ 9.835738, 9.613646, 9.191143, 9.205693 ] }, { "date": "2024-11-29", "close": 10.459259, "volume": 30939520, "typical_volume": 20729051.8, "trend": 9.448952, "fair_value": 14.476838, "relative_strength": -8.61687, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.696996, "energy": 48.13107, "activity_lines": [ 10.075942, 9.804846, 9.329753, 9.269149 ] }, { "date": "2024-12-06", "close": 10.951015, "volume": 78270755, "typical_volume": 24294786.9, "trend": 9.434668, "fair_value": 14.403471, "relative_strength": -5.6752, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.4915, "energy": 51.596581, "activity_lines": [ 10.398736, 10.038516, 9.509298, 9.366056 ] }, { "date": "2024-12-13", "close": 14.052856, "volume": 152841475, "typical_volume": 31536594.3, "trend": 9.521664, "fair_value": 14.363404, "relative_strength": 21.792121, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 90.673651, "energy": 82.17966, "activity_lines": [ 11.662799, 10.807615, 9.974934, 9.664004 ] }, { "date": "2024-12-20", "close": 11.62245, "volume": 132883786, "typical_volume": 37623246.8, "trend": 9.54699, "fair_value": 14.31078, "relative_strength": 2.052333, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.00928, "energy": 69.233886, "activity_lines": [ 11.856979, 11.065012, 10.183435, 9.799538 ] }, { "date": "2024-12-27", "close": 11.196893, "volume": 75673285, "typical_volume": 40833465.55, "trend": 9.553294, "fair_value": 14.257124, "relative_strength": -2.042551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.342606, "energy": 64.234561, "activity_lines": [ 11.799608, 11.198956, 10.338932, 9.905984 ] }, { "date": "2025-01-03", "close": 10.232295, "volume": 52220622, "typical_volume": 43135918.65, "trend": 9.554555, "fair_value": 14.197748, "relative_strength": -4.616379, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.901276, "energy": 42.436513, "activity_lines": [ 11.324875, 11.11436, 10.392251, 9.94979 ] }, { "date": "2025-01-10", "close": 9.872935, "volume": 39552000, "typical_volume": 44752791.2, "trend": 9.546675, "fair_value": 14.12993, "relative_strength": -6.127128, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.036249, "energy": 18.138315, "activity_lines": [ 10.745486, 10.946372, 10.40441, 9.970331 ] }, { "date": "2025-01-17", "close": 11.055039, "volume": 79415103, "typical_volume": 48194484.55, "trend": 9.596796, "fair_value": 14.066267, "relative_strength": 3.246095, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.398098, "energy": 20.231214, "activity_lines": [ 10.632004, 10.987638, 10.521494, 10.067644 ] }, { "date": "2025-01-24", "close": 10.686223, "volume": 76017255, "typical_volume": 51515234.75, "trend": 9.64345, "fair_value": 13.974241, "relative_strength": -0.053421, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.263197, "energy": 19.316559, "activity_lines": [ 10.595437, 10.945512, 10.590439, 10.13793 ] }, { "date": "2025-01-31", "close": 10.317407, "volume": 7304278, "typical_volume": 51382168.85, "trend": 9.684114, "fair_value": 13.887097, "relative_strength": -3.02868, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.4632, "energy": 16.756815, "activity_lines": [ 10.498347, 10.823433, 10.611919, 10.181411 ] }, { "date": "2025-02-07", "close": 10.355234, "volume": 24399522, "typical_volume": 52155103.7, "trend": 9.721941, "fair_value": 13.807229, "relative_strength": -3.988773, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.76234, "energy": 12.999012, "activity_lines": [ 10.472499, 10.698087, 10.624213, 10.224709 ] }, { "date": "2025-02-14", "close": 10.364691, "volume": 41412751, "typical_volume": 53186706.3, "trend": 9.767649, "fair_value": 13.731615, "relative_strength": -4.936988, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.03757, "energy": 10.041576, "activity_lines": [ 10.441606, 10.576352, 10.625609, 10.266177 ] }, { "date": "2025-02-21", "close": 10.15664, "volume": 34007952, "typical_volume": 54277072.75, "trend": 9.817455, "fair_value": 13.667065, "relative_strength": -7.454683, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.101248, "energy": 9.879741, "activity_lines": [ 10.30858, 10.42745, 10.602508, 10.291273 ] }, { "date": "2025-02-28", "close": 10.828075, "volume": 63578691, "typical_volume": 55564961.9, "trend": 9.878294, "fair_value": 13.615826, "relative_strength": 0.493586, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.196822, "energy": 9.800325, "activity_lines": [ 10.459259, 10.471467, 10.643622, 10.356474 ] }, { "date": "2025-03-07", "close": 10.383604, "volume": 46314854, "typical_volume": 56900361.65, "trend": 9.923372, "fair_value": 13.56112, "relative_strength": -5.008919, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.538294, "energy": 10.646446, "activity_lines": [ 10.452324, 10.449114, 10.63412, 10.389075 ] }, { "date": "2025-03-14", "close": 11.650821, "volume": 53017839, "typical_volume": 58090911.4, "trend": 10.019201, "fair_value": 13.51682, "relative_strength": 5.120598, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.537226, "energy": 28.514537, "activity_lines": [ 10.863381, 10.671952, 10.737875, 10.500523 ] }, { "date": "2025-03-21", "close": 11.811586, "volume": 117941638, "typical_volume": 62200590.15, "trend": 10.137411, "fair_value": 13.480582, "relative_strength": 8.578599, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.417559, "energy": 58.199535, "activity_lines": [ 11.241654, 10.898228, 10.845458, 10.616161 ] }, { "date": "2025-03-28", "close": 11.433313, "volume": 111234172, "typical_volume": 65682650.9, "trend": 10.241121, "fair_value": 13.442999, "relative_strength": 5.898734, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.412757, "energy": 55.642512, "activity_lines": [ 11.397377, 11.020479, 10.906297, 10.699768 ] }, { "date": "2025-04-04", "close": 11.461684, "volume": 39659603, "typical_volume": 64581516.4, "trend": 10.353343, "fair_value": 13.413647, "relative_strength": 6.720543, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.572948, "energy": 59.599739, "activity_lines": [ 11.477445, 11.141011, 10.963759, 10.778514 ] }, { "date": "2025-04-11", "close": 12.000723, "volume": 121698573, "typical_volume": 68919183.7, "trend": 10.498978, "fair_value": 13.389662, "relative_strength": 15.480259, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.867505, "energy": 57.429326, "activity_lines": [ 11.694952, 11.34545, 11.065487, 10.884796 ] }, { "date": "2025-04-18", "close": 12.208774, "volume": 144184005, "typical_volume": 74581407.95, "trend": 10.643352, "fair_value": 13.369201, "relative_strength": 16.059525, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.637822, "energy": 49.885279, "activity_lines": [ 11.874002, 11.557112, 11.176357, 10.995106 ] }, { "date": "2025-04-25", "close": 11.62245, "volume": 72316416, "typical_volume": 74283691.0, "trend": 10.718061, "fair_value": 13.349145, "relative_strength": 9.910806, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.668161, "energy": 38.482144, "activity_lines": [ 11.820413, 11.628468, 11.223056, 11.058273 ] }, { "date": "2025-05-02", "close": 11.707561, "volume": 31288942, "typical_volume": 68206064.35, "trend": 10.767867, "fair_value": 13.330591, "relative_strength": 11.294719, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.347914, "energy": 34.945438, "activity_lines": [ 11.807804, 11.69243, 11.274663, 11.122112 ] }, { "date": "2025-05-09", "close": 12.36954, "volume": 55560566, "typical_volume": 64339903.35, "trend": 10.877251, "fair_value": 13.301878, "relative_strength": 15.307217, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.514947, "energy": 37.60553, "activity_lines": [ 11.997571, 11.848554, 11.400484, 11.225446 ] }, { "date": "2025-05-16", "close": 12.322255, "volume": 72282031, "typical_volume": 64170340.65, "trend": 10.993885, "fair_value": 13.277703, "relative_strength": 13.976603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.526078, "energy": 35.2026, "activity_lines": [ 12.111053, 11.968054, 11.518244, 11.318672 ] }, { "date": "2025-05-23", "close": 11.925068, "volume": 68970471, "typical_volume": 65007833.1, "trend": 11.08341, "fair_value": 13.257705, "relative_strength": 10.901902, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.36371, "energy": 31.271014, "activity_lines": [ 12.070703, 11.98009, 11.592818, 11.378748 ] }, { "date": "2025-05-30", "close": 14.147425, "volume": 179148464, "typical_volume": 71987656.3, "trend": 11.236296, "fair_value": 13.254668, "relative_strength": 31.086107, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.242345, "energy": 60.173755, "activity_lines": [ 12.790054, 12.391204, 11.870984, 11.576426 ] }, { "date": "2025-06-06", "close": 13.381421, "volume": 92758033, "typical_volume": 72654802.8, "trend": 11.343788, "fair_value": 13.243698, "relative_strength": 22.155814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.695361, "energy": 56.95782, "activity_lines": [ 13.085737, 12.620576, 12.055843, 11.714822 ] }, { "date": "2025-06-13", "close": 13.097717, "volume": 52170188, "typical_volume": 71462449.45, "trend": 11.447814, "fair_value": 13.221101, "relative_strength": 19.475037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.831321, "energy": 56.468899, "activity_lines": [ 13.175262, 12.762944, 12.202604, 11.827978 ] }, { "date": "2025-06-20", "close": 12.165668, "volume": 39108490, "typical_volume": 73052660.05, "trend": 11.528021, "fair_value": 13.194001, "relative_strength": 11.25115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.113992, "energy": 46.780005, "activity_lines": [ 12.905559, 12.706103, 12.249115, 11.874292 ] }, { "date": "2025-06-27", "close": 12.489432, "volume": 40342045, "typical_volume": 73849786.2, "trend": 11.595693, "fair_value": 13.161502, "relative_strength": 11.724291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.349998, "energy": 29.269167, "activity_lines": [ 12.754217, 12.705129, 12.31766, 11.936318 ] }, { "date": "2025-07-04", "close": 12.46981, "volume": 38166702, "typical_volume": 73687483.75, "trend": 11.64632, "fair_value": 13.136043, "relative_strength": 9.676085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.047603, "energy": 18.397912, "activity_lines": [ 12.558709, 12.695485, 12.374173, 11.992713 ] }, { "date": "2025-07-11", "close": 12.46981, "volume": 33104052, "typical_volume": 73642288.75, "trend": 11.593551, "fair_value": 13.110805, "relative_strength": 8.207665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.436276, "energy": 18.748172, "activity_lines": [ 12.475043, 12.670434, 12.420662, 12.045841 ] }, { "date": "2025-07-18", "close": 12.410944, "volume": 32370401, "typical_volume": 72081874.25, "trend": 11.619835, "fair_value": 13.080484, "relative_strength": 6.646523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.988263, "energy": 16.549216, "activity_lines": [ 12.432528, 12.620821, 12.450529, 12.098576 ] }, { "date": "2025-07-25", "close": 12.587543, "volume": 44132901, "typical_volume": 71972776.6, "trend": 11.66619, "fair_value": 13.042282, "relative_strength": 6.069396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.260272, "energy": 15.314309, "activity_lines": [ 12.494665, 12.602565, 12.489678, 12.161009 ] }, { "date": "2025-08-01", "close": 12.607165, "volume": 47868444, "typical_volume": 71715306.85, "trend": 11.745352, "fair_value": 13.012296, "relative_strength": 6.964775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.391501, "energy": 16.964989, "activity_lines": [ 12.535217, 12.583052, 12.520201, 12.221717 ] }, { "date": "2025-08-08", "close": 12.567922, "volume": 29294537, "typical_volume": 67282951.8, "trend": 11.835185, "fair_value": 12.984652, "relative_strength": 4.243776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.048265, "energy": 20.374054, "activity_lines": [ 12.55484, 12.544003, 12.542432, 12.274786 ] }, { "date": "2025-08-15", "close": 12.46981, "volume": 25683719, "typical_volume": 63005429.15, "trend": 11.882344, "fair_value": 12.956819, "relative_strength": 1.513805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.957848, "energy": 16.791609, "activity_lines": [ 12.535218, 12.515833, 12.551718, 12.31573 ] }, { "date": "2025-08-22", "close": 13.244882, "volume": 125254072, "typical_volume": 67285152.6, "trend": 11.967633, "fair_value": 12.941386, "relative_strength": 3.84775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.585674, "energy": 29.079428, "activity_lines": [ 12.773953, 12.64516, 12.629884, 12.403635 ] }, { "date": "2025-08-29", "close": 13.862976, "volume": 129459038, "typical_volume": 67673175.85, "trend": 12.085818, "fair_value": 12.931585, "relative_strength": 7.37554, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.987532, "energy": 57.178898, "activity_lines": [ 13.163123, 12.884193, 12.758425, 12.525916 ] }, { "date": "2025-09-05", "close": 13.333181, "volume": 70363431, "typical_volume": 63982147.15, "trend": 12.185083, "fair_value": 12.915003, "relative_strength": 4.160746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.090593, "energy": 58.713007, "activity_lines": [ 13.290666, 12.996038, 12.827641, 12.606391 ] }, { "date": "2025-09-12", "close": 13.499969, "volume": 63824125, "typical_volume": 63557532.6, "trend": 12.289592, "fair_value": 12.904546, "relative_strength": 3.48658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.964489, "energy": 64.083259, "activity_lines": [ 13.425405, 13.122868, 12.907388, 12.691222 ] }, { "date": "2025-09-19", "close": 13.019229, "volume": 36747728, "typical_volume": 63830471.9, "trend": 12.385012, "fair_value": 12.891887, "relative_strength": 0.81621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.310009, "energy": 53.905626, "activity_lines": [ 13.33776, 13.143561, 12.932409, 12.738295 ] }, { "date": "2025-09-26", "close": 12.165668, "volume": 30035973, "typical_volume": 62554242.25, "trend": 12.429598, "fair_value": 12.872921, "relative_strength": -6.065332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.339479, "energy": 11.879499, "activity_lines": [ 12.928967, 12.999071, 12.869893, 12.724144 ] }, { "date": "2025-10-03", "close": 12.518867, "volume": 13694368, "typical_volume": 59624859.1, "trend": 12.500774, "fair_value": 12.86277, "relative_strength": -4.787487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.441146, "energy": 14.237291, "activity_lines": [ 12.709854, 12.923259, 12.841986, 12.729903 ] }, { "date": "2025-10-10", "close": 12.636599, "volume": 13492736, "typical_volume": 56850972.35, "trend": 12.533633, "fair_value": 12.855397, "relative_strength": -4.470446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.866678, "energy": 19.29991, "activity_lines": [ 12.619593, 12.870101, 12.824355, 12.738666 ] }, { "date": "2025-10-17", "close": 12.29, "volume": 22633263, "typical_volume": 49025212.3, "trend": 12.54958, "fair_value": 12.845362, "relative_strength": -5.968802, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.824402, "energy": 20.308159, "activity_lines": [ 12.460237, 12.75339, 12.770326, 12.722948 ] }, { "date": "2025-10-24", "close": 12.3, "volume": 14077698, "typical_volume": 45091195.55, "trend": 12.57847, "fair_value": 12.838029, "relative_strength": -8.687872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.098722, "energy": 20.439353, "activity_lines": [ 12.38488, 12.64355, 12.726094, 12.706846 ] }, { "date": "2025-10-31", "close": 12.26, "volume": 20575018, "typical_volume": 43511437.05, "trend": 12.60508, "fair_value": 12.83387, "relative_strength": -9.179064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.081974, "energy": 27.666106, "activity_lines": [ 12.344138, 12.529525, 12.683203, 12.6863 ] }, { "date": "2025-11-07", "close": 12.57, "volume": 21718088, "typical_volume": 42641916.95, "trend": 12.624056, "fair_value": 12.835875, "relative_strength": -7.983725, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.437853, "energy": 19.638718, "activity_lines": [ 12.40044, 12.489771, 12.673824, 12.684036 ] }, { "date": "2025-11-14", "close": 12.95, "volume": 62810779, "typical_volume": 43765353.65, "trend": 12.648764, "fair_value": 12.847086, "relative_strength": -5.1675, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.226849, "energy": 3.099151, "activity_lines": [ 12.58, 12.542616, 12.698711, 12.705065 ] }, { "date": "2025-11-21", "close": 11.86, "volume": 25316947, "typical_volume": 43122865.9, "trend": 12.656682, "fair_value": 12.840847, "relative_strength": -9.679154, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.032248, "energy": 28.12002, "activity_lines": [ 12.375333, 12.404247, 12.617595, 12.654177 ] }, { "date": "2025-11-28", "close": 12.09, "volume": 21240810, "typical_volume": 42529703.8, "trend": 12.66943, "fair_value": 12.837048, "relative_strength": -9.181227, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.408674, "energy": 29.773993, "activity_lines": [ 12.276, 12.337513, 12.561288, 12.617617 ] }, { "date": "2025-12-05", "close": 12.09, "volume": 25784176, "typical_volume": 42200392.55, "trend": 12.660112, "fair_value": 12.821071, "relative_strength": -9.451283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.081488, "energy": 40.058537, "activity_lines": [ 12.190667, 12.287674, 12.506789, 12.580234 ] }, { "date": "2025-12-12", "close": 11.63, "volume": 29660712, "typical_volume": 41476783.1, "trend": 12.637037, "fair_value": 12.806585, "relative_strength": -12.024863, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.074918, "energy": 60.841033, "activity_lines": [ 11.963333, 12.155575, 12.410009, 12.513775 ] }, { "date": "2025-12-19", "close": 12.69, "volume": 50581266, "typical_volume": 41612424.2, "trend": 12.662535, "fair_value": 12.790365, "relative_strength": -3.930987, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.812208, "energy": 32.826986, "activity_lines": [ 12.152, 12.232364, 12.418741, 12.517192 ] }, { "date": "2025-12-26", "close": 12.12, "volume": 31028076, "typical_volume": 41699101.15, "trend": 12.594954, "fair_value": 12.767632, "relative_strength": -9.821158, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.28107, "energy": 27.448951, "activity_lines": [ 12.168, 12.204545, 12.372793, 12.48219 ] }, { "date": "2026-01-02", "close": 11.89, "volume": 12577602, "typical_volume": 41043795.3, "trend": 12.54524, "fair_value": 12.737886, "relative_strength": -11.55202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.692311, "energy": 31.076113, "activity_lines": [ 12.09, 12.138, 12.307073, 12.436709 ] }, { "date": "2026-01-09", "close": 12.02, "volume": 23291128, "typical_volume": 35945648.1, "trend": 12.509316, "fair_value": 12.71249, "relative_strength": -13.777139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.42459, "energy": 24.468797, "activity_lines": [ 12.068667, 12.102545, 12.256495, 12.402823 ] }, { "date": "2026-01-16", "close": 11.97, "volume": 26497938, "typical_volume": 30797593.1, "trend": 12.502794, "fair_value": 12.686202, "relative_strength": -13.506408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.348587, "energy": 31.044577, "activity_lines": [ 12.035333, 12.062364, 12.206988, 12.368028 ] }, { "date": "2026-01-23", "close": 12.58, "volume": 31582688, "typical_volume": 28858555.95, "trend": 12.505812, "fair_value": 12.668572, "relative_strength": -9.725846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.562771, "energy": 16.00604, "activity_lines": [ 12.182667, 12.144, 12.22459, 12.373009 ] }, { "date": "2026-01-30", "close": 14.59, "volume": 135037845, "typical_volume": 32419241.95, "trend": 12.576485, "fair_value": 12.661454, "relative_strength": 4.940016, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.827655, "energy": 40.302572, "activity_lines": [ 13.007333, 12.597818, 12.437207, 12.507473 ] }, { "date": "2026-02-06", "close": 12.78, "volume": 104858131, "typical_volume": 35824762.1, "trend": 12.586825, "fair_value": 12.646865, "relative_strength": -6.899397, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 11.671279, "energy": 28.127039, "activity_lines": [ 13.064, 12.672909, 12.472253, 12.520603 ] }, { "date": "2026-02-13", "close": 11.84, "volume": 51356976, "typical_volume": 36890812.25, "trend": 12.567794, "fair_value": 12.615083, "relative_strength": -13.99936, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -5.719665, "energy": 16.547507, "activity_lines": [ 12.748, 12.564545, 12.418915, 12.472421 ] }, { "date": "2026-02-27", "close": 11.98, "volume": 27449154, "typical_volume": 37578551.55, "trend": 12.547542, "fair_value": 12.582308, "relative_strength": -14.60933, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.806108, "energy": 17.126833, "activity_lines": [ 12.490667, 12.486182, 12.38046, 12.434499 ] }, { "date": "2026-03-06", "close": 11.52, "volume": 33991824, "typical_volume": 38603505.95, "trend": 12.511303, "fair_value": 12.535987, "relative_strength": -16.896251, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.466567, "energy": 32.022123, "activity_lines": [ 12.079333, 12.317818, 12.300762, 12.368205 ] }, { "date": "2026-03-13", "close": 11.44, "volume": 18883386, "typical_volume": 38416012.1, "trend": 12.473706, "fair_value": 12.489374, "relative_strength": -16.758127, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.721174, "energy": 46.534043, "activity_lines": [ 11.712, 12.156182, 12.218762, 12.299089 ] }, { "date": "2026-03-20", "close": 10.8, "volume": 20293066, "typical_volume": 38726780.5, "trend": 12.418046, "fair_value": 12.43923, "relative_strength": -18.349403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.785919, "energy": 71.010822, "activity_lines": [ 11.341333, 11.890545, 12.079857, 12.191108 ] }, { "date": "2026-03-27", "close": 10.94, "volume": 19531593, "typical_volume": 38674609.25, "trend": 12.341216, "fair_value": 12.394863, "relative_strength": -16.029881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.039479, "energy": 73.90503, "activity_lines": [ 11.149333, 11.670182, 11.961429, 12.09575 ] }, { "date": "2026-04-03", "close": 10.61, "volume": 11944808, "typical_volume": 38185945.25, "trend": 12.232784, "fair_value": 12.350008, "relative_strength": -17.534436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.070939, "energy": 77.437574, "activity_lines": [ 10.907333, 11.409455, 11.817857, 11.984059 ] }, { "date": "2026-04-10", "close": 10.94, "volume": 10145758, "typical_volume": 35552694.2, "trend": 12.153011, "fair_value": 12.308412, "relative_strength": -16.903178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.48349, "energy": 69.639379, "activity_lines": [ 10.866667, 11.233455, 11.715048, 11.900654 ] }, { "date": "2026-04-17", "close": 11.01, "volume": 12944423, "typical_volume": 34934068.0, "trend": 12.070012, "fair_value": 12.264714, "relative_strength": -17.241033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.575363, "energy": 54.199178, "activity_lines": [ 10.888, 11.1, 11.628476, 11.826911 ] }, { "date": "2026-04-24", "close": 10.722892, "volume": 13004020, "typical_volume": 34522228.5, "trend": 11.993468, "fair_value": 12.22986, "relative_strength": -19.443826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.249264, "energy": 46.403487, "activity_lines": [ 10.842297, 10.979435, 11.518609, 11.74 ] }, { "date": "2026-05-01", "close": 10.557324, "volume": 19292270, "typical_volume": 34197633.2, "trend": 11.939856, "fair_value": 12.193417, "relative_strength": -20.862101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.295136, "energy": 44.707649, "activity_lines": [ 10.746546, 10.866169, 11.399483, 11.647345 ] }, { "date": "2026-05-08", "close": 10.508628, "volume": 8989451, "typical_volume": 33164070.15, "trend": 11.872848, "fair_value": 12.158201, "relative_strength": -22.016393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.238575, "energy": 53.658293, "activity_lines": [ 10.660074, 10.76737, 11.283018, 11.555008 ] }, { "date": "2026-05-15", "close": 10.050884, "volume": 17399102, "typical_volume": 31504961.95, "trend": 11.786658, "fair_value": 12.10963, "relative_strength": -24.033645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.53558, "energy": 82.520542, "activity_lines": [ 10.427779, 10.612097, 11.128298, 11.437462 ] }, { "date": "2026-05-22", "close": 9.729489, "volume": 13426327, "typical_volume": 30624874.5, "trend": 11.701307, "fair_value": 12.05447, "relative_strength": -25.481261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.144924, "energy": 91.84235, "activity_lines": [ 10.147627, 10.4251, 10.955536, 11.304742 ] }, { "date": "2026-05-29", "close": 9.671055, "volume": 22108455, "typical_volume": 31101417.15, "trend": 11.613676, "fair_value": 12.004344, "relative_strength": -24.580608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.085504, "energy": 90.34113, "activity_lines": [ 9.933364, 10.258579, 10.788593, 11.173758 ] }, { "date": "2026-06-05", "close": 9.232789, "volume": 2559668, "typical_volume": 30064844.15, "trend": 11.512769, "fair_value": 11.955805, "relative_strength": -26.399946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.630276, "energy": 93.917243, "activity_lines": [ 9.643135, 10.032899, 10.590476, 11.020152 ] }, { "date": "2026-06-12", "close": 9.038004, "volume": 3726912, "typical_volume": 28926292.85, "trend": 11.395036, "fair_value": 11.905621, "relative_strength": -27.25168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.926558, "energy": 92.692666, "activity_lines": [ 9.37628, 9.802844, 10.387081, 10.86049 ] }, { "date": "2026-06-19", "close": 8.59, "volume": 13640023, "typical_volume": 28029159.6, "trend": 11.249702, "fair_value": 11.854435, "relative_strength": -31.089668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.454953, "energy": 93.848803, "activity_lines": [ 9.058132, 9.519916, 10.154981, 10.67952 ] }, { "date": "2026-06-26", "close": 8.33, "volume": 3253062, "typical_volume": 21439920.45, "trend": 11.132036, "fair_value": 11.804604, "relative_strength": -31.454969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.036424, "energy": 95.185276, "activity_lines": [ 8.75071, 9.232442, 9.917119, 10.491152 ] }, { "date": "2026-07-03", "close": 8.7, "volume": 3705695, "typical_volume": 16382298.65, "trend": 11.019035, "fair_value": 11.74616, "relative_strength": -28.01408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.351077, "energy": 87.028998, "activity_lines": [ 8.65992, 9.060968, 9.744304, 10.334246 ] }, { "date": "2026-07-10", "close": 8.54, "volume": 14015870, "typical_volume": 14515243.35, "trend": 10.900702, "fair_value": 11.693897, "relative_strength": -27.823063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.226199, "energy": 83.101922, "activity_lines": [ 8.580534, 8.897183, 9.57568, 10.174309 ] }, { "date": "2026-07-17", "close": 8.9, "volume": 15867839, "typical_volume": 13936177.6, "trend": 10.809702, "fair_value": 11.644698, "relative_strength": -19.523253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.774967, "energy": 65.175156, "activity_lines": [ 8.667333, 8.835531, 9.457056, 10.045231 ] }, { "date": "2026-07-24", "close": 8.42, "volume": 15368403, "typical_volume": 13005006.55, "trend": 10.667369, "fair_value": 11.592712, "relative_strength": -24.215725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.513951, "energy": 64.990745, "activity_lines": [ 8.603333, 8.715854, 9.307384, 9.891057 ] }, { "date": "2026-07-31", "close": 9.66, "volume": 53666296, "typical_volume": 14744152.05, "trend": 10.585369, "fair_value": 11.550186, "relative_strength": -12.900248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.940836, "energy": 40.329876, "activity_lines": [ 8.964, 8.851284, 9.29057, 9.826065 ] }, { "date": "2026-08-07", "close": 9.47, "volume": 30577708, "typical_volume": 15258384.15, "trend": 10.504702, "fair_value": 11.502141, "relative_strength": -16.31631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.171598, "energy": 26.066689, "activity_lines": [ 9.172667, 8.953433, 9.264136, 9.754106 ] } ], "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." } } }