{ "ticker": { "uuid": "04906de3-3a4b-41f1-9480-32d2b76c7a38", "symbol": "002809", "name": "Guangdong Redwall New Materials Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.134, "architecture_energy": 57.273, "architecture_maturity": 89.9, "architecture_confidence": 94.838, "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": 8.57, "rotation_up": 27.97, "upward_expansion": 10.51, "deceleration": 60.91, "rotation_down": 51.97, "downward_expansion": 83.85 }, "activity_lines": [ 7.586667, 7.647583, 8.389756, 9.269301 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 8.0, "trend_reference": 10.400054, "distance_from_trend": -0.230773, "trend_direction": "Weakening", "fair_value": 9.690699, "distance_from_fair_value": -0.174466, "fair_value_direction": "Weakening", "relative_strength": -29.535008, "relative_strength_direction": "Weakening", "price_momentum": -0.478147, "excess_performance": -0.485547, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.230773, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095734, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.174466, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.260228, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.29535, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001789, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.478147, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.43999, "read": "Supply-led" } ], "volume": { "latest": 28337217, "relative_activity": 0.674195, "balance": 0.43999, "dry_up": 0.824909, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.109133, "annualized_volatility": 0.487808, "from_high_reference": -0.5, "from_low_reference": 0.221374 }, "levels": { "trend_reference": 10.400054, "fair_value_reference": 9.690699, "structural_low": 6.55, "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": 18, "median_return": 0.006374, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.014542, "regime_survival": 0.833333, "best_return": 0.234856, "worst_return": -0.265789, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.095361, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.057189, "regime_survival": 0.4, "best_return": 0.340035, "worst_return": -0.073776, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.051431, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.09954, "regime_survival": 0.25, "best_return": 0.102754, "worst_return": -0.067077, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.11881, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.023778, "regime_survival": 0.0, "best_return": 0.133474, "worst_return": 0.104146, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-27", "end": "2024-01-26", "tenure": "Established", "return": -0.05408, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-10-18", "tenure": "Extended", "return": 0.013232, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.04875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": -0.158784, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": 0.14079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-06-13", "tenure": "Established", "return": 0.416018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-20", "end": "2025-10-03", "tenure": "Established", "return": -0.045, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.019776, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-16", "tenure": "Developing", "return": -0.064685, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": 0.04, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.170322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": -0.000951, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.046467, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.289214, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.586777, "volume": 14055896, "typical_volume": 13224236.1, "trend": 9.859123, "fair_value": 9.937733, "relative_strength": 11.42934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.895375, "energy": 64.70348, "activity_lines": [ 10.48677, 10.28928, 10.04055, 9.969632 ] }, { "date": "2023-08-04", "close": 10.328797, "volume": 13119256, "typical_volume": 13371262.9, "trend": 9.902764, "fair_value": 9.919632, "relative_strength": 6.94455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.438542, "energy": 56.045958, "activity_lines": [ 10.44664, 10.320439, 10.081851, 9.999934 ] }, { "date": "2023-08-11", "close": 10.175918, "volume": 14852495, "typical_volume": 13422439.9, "trend": 9.933739, "fair_value": 9.903885, "relative_strength": 9.13222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.69347, "energy": 32.862955, "activity_lines": [ 10.354913, 10.316001, 10.105874, 10.017556 ] }, { "date": "2023-08-18", "close": 10.281022, "volume": 12659418, "typical_volume": 13435443.8, "trend": 9.963484, "fair_value": 9.888157, "relative_strength": 13.458792, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.661318, "energy": 24.248088, "activity_lines": [ 10.311597, 10.327371, 10.14089, 10.039962 ] }, { "date": "2023-08-25", "close": 9.841498, "volume": 13309620, "typical_volume": 13555006.25, "trend": 9.971323, "fair_value": 9.866397, "relative_strength": 11.764532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.207494, "energy": 14.496353, "activity_lines": [ 10.140247, 10.249658, 10.131689, 10.032092 ] }, { "date": "2023-09-01", "close": 10.472119, "volume": 16300460, "typical_volume": 13933206.55, "trend": 9.987563, "fair_value": 9.854633, "relative_strength": 14.620134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.498805, "energy": 18.701018, "activity_lines": [ 10.216686, 10.291793, 10.180662, 10.064401 ] }, { "date": "2023-09-08", "close": 10.41479, "volume": 13635039, "typical_volume": 14240763.75, "trend": 9.99022, "fair_value": 9.842382, "relative_strength": 15.472602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.27536, "energy": 18.333997, "activity_lines": [ 10.281659, 10.306386, 10.219286, 10.091964 ] }, { "date": "2023-09-15", "close": 10.376571, "volume": 11930720, "typical_volume": 14426630.4, "trend": 10.00012, "fair_value": 9.828458, "relative_strength": 16.069256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.071555, "energy": 22.937913, "activity_lines": [ 10.328159, 10.312292, 10.247717, 10.11689 ] }, { "date": "2023-09-22", "close": 10.548557, "volume": 12406056, "typical_volume": 14404078.45, "trend": 10.015438, "fair_value": 9.814207, "relative_strength": 17.153903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.699822, "energy": 40.39137, "activity_lines": [ 10.418612, 10.349469, 10.287326, 10.152273 ] }, { "date": "2023-09-29", "close": 10.596332, "volume": 10723340, "typical_volume": 14427819.75, "trend": 10.029194, "fair_value": 9.805502, "relative_strength": 17.953171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.612573, "energy": 49.60412, "activity_lines": [ 10.507153, 10.395506, 10.32754, 10.18975 ] }, { "date": "2023-10-13", "close": 10.290577, "volume": 15734550, "typical_volume": 14730616.5, "trend": 10.04096, "fair_value": 9.795194, "relative_strength": 14.582687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.854693, "energy": 36.333367, "activity_lines": [ 10.443454, 10.382477, 10.334326, 10.206614 ] }, { "date": "2023-10-20", "close": 9.554853, "volume": 50562270, "typical_volume": 16352467.7, "trend": 10.034196, "fair_value": 9.785197, "relative_strength": 11.623617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -1.474816, "energy": 4.961549, "activity_lines": [ 10.146617, 10.241065, 10.268596, 10.175252 ] }, { "date": "2023-10-27", "close": 10.070815, "volume": 21945279, "typical_volume": 16695110.65, "trend": 10.023809, "fair_value": 9.780309, "relative_strength": 14.802095, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.752354, "energy": 13.714816, "activity_lines": [ 10.079096, 10.207536, 10.253647, 10.177614 ] }, { "date": "2023-11-03", "close": 10.214137, "volume": 16343792, "typical_volume": 16717838.0, "trend": 10.038075, "fair_value": 9.772738, "relative_strength": 15.127799, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.236283, "energy": 15.447776, "activity_lines": [ 10.079733, 10.201977, 10.251984, 10.189894 ] }, { "date": "2023-11-10", "close": 10.09948, "volume": 13913276, "typical_volume": 16227384.5, "trend": 10.059876, "fair_value": 9.763352, "relative_strength": 12.04463, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.373698, "energy": 14.919322, "activity_lines": [ 10.064445, 10.176787, 10.237318, 10.193855 ] }, { "date": "2023-11-17", "close": 10.242803, "volume": 9992671, "typical_volume": 16141125.05, "trend": 10.086455, "fair_value": 9.756685, "relative_strength": 13.164581, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.076206, "energy": 7.857956, "activity_lines": [ 10.130055, 10.172965, 10.236433, 10.205657 ] }, { "date": "2023-11-24", "close": 10.300132, "volume": 14796547, "typical_volume": 15791045.7, "trend": 10.12851, "fair_value": 9.753746, "relative_strength": 14.994176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.854668, "energy": 13.337499, "activity_lines": [ 10.21796, 10.183736, 10.237616, 10.219442 ] }, { "date": "2023-12-01", "close": 10.309687, "volume": 10891699, "typical_volume": 15579559.9, "trend": 10.162682, "fair_value": 9.749429, "relative_strength": 16.026061, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.358426, "energy": 15.857327, "activity_lines": [ 10.259365, 10.198329, 10.2398, 10.231131 ] }, { "date": "2023-12-08", "close": 9.841498, "volume": 13915557, "typical_volume": 15579182.85, "trend": 10.166735, "fair_value": 9.74217, "relative_strength": 12.363123, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.308388, "energy": 9.371145, "activity_lines": [ 10.128781, 10.129013, 10.197713, 10.21041 ] }, { "date": "2023-12-15", "close": 10.195028, "volume": 11699652, "typical_volume": 15639379.65, "trend": 10.183518, "fair_value": 9.735797, "relative_strength": 18.041814, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.021142, "energy": 2.206024, "activity_lines": [ 10.140884, 10.13683, 10.192708, 10.212235 ] }, { "date": "2023-12-22", "close": 10.147254, "volume": 11818574, "typical_volume": 15527513.55, "trend": 10.19587, "fair_value": 9.729778, "relative_strength": 18.972313, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.73489, "energy": 9.711592, "activity_lines": [ 10.130692, 10.143258, 10.184154, 10.209896 ] }, { "date": "2023-12-29", "close": 10.39568, "volume": 11673680, "typical_volume": 15455234.75, "trend": 10.212402, "fair_value": 9.726072, "relative_strength": 17.386008, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.418806, "energy": 5.102114, "activity_lines": [ 10.209679, 10.19746, 10.201353, 10.222786 ] }, { "date": "2024-01-05", "close": 10.510339, "volume": 13057839, "typical_volume": 15365501.95, "trend": 10.229601, "fair_value": 9.727302, "relative_strength": 23.182804, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.587935, "energy": 15.878243, "activity_lines": [ 10.320515, 10.257222, 10.229153, 10.242008 ] }, { "date": "2024-01-12", "close": 10.510339, "volume": 12718628, "typical_volume": 15368462.45, "trend": 10.254055, "fair_value": 9.725231, "relative_strength": 23.938279, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.271267, "energy": 31.879348, "activity_lines": [ 10.417975, 10.308992, 10.25536, 10.26012 ] }, { "date": "2024-01-19", "close": 9.851053, "volume": 19566303, "typical_volume": 15681296.6, "trend": 10.244861, "fair_value": 9.722835, "relative_strength": 18.188253, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.178362, "energy": 8.777132, "activity_lines": [ 10.251083, 10.235506, 10.217687, 10.23412 ] }, { "date": "2024-01-26", "close": 9.526189, "volume": 24314272, "typical_volume": 16081987.2, "trend": 10.244714, "fair_value": 9.719377, "relative_strength": 13.970453, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.085588, "energy": 41.694069, "activity_lines": [ 9.998835, 10.107471, 10.149029, 10.187754 ] }, { "date": "2024-02-02", "close": 7.414566, "volume": 23246156, "typical_volume": 16562543.05, "trend": 10.147891, "fair_value": 9.706765, "relative_strength": -3.742543, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.941332, "energy": 81.88305, "activity_lines": [ 9.084117, 9.608534, 9.883768, 10.005164 ] }, { "date": "2024-02-09", "close": 6.631068, "volume": 29174400, "typical_volume": 17424727.05, "trend": 10.023041, "fair_value": 9.68979, "relative_strength": -21.257303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.865267, "energy": 94.796074, "activity_lines": [ 8.106974, 9.019608, 9.558175, 9.778272 ] }, { "date": "2024-02-23", "close": 7.682102, "volume": 19572337, "typical_volume": 17783041.1, "trend": 9.927174, "fair_value": 9.680153, "relative_strength": -11.250792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.030426, "energy": 87.890939, "activity_lines": [ 7.738794, 8.688662, 9.350516, 9.627244 ] }, { "date": "2024-03-01", "close": 7.596108, "volume": 20998548, "typical_volume": 18296801.5, "trend": 9.833536, "fair_value": 9.672066, "relative_strength": -15.548347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.692124, "energy": 86.960714, "activity_lines": [ 7.530498, 8.381343, 9.148317, 9.476853 ] }, { "date": "2024-03-08", "close": 7.557889, "volume": 14077870, "typical_volume": 18213967.5, "trend": 9.732573, "fair_value": 9.667395, "relative_strength": -15.299918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.824042, "energy": 82.678575, "activity_lines": [ 7.459792, 8.114329, 8.956765, 9.330037 ] }, { "date": "2024-03-15", "close": 8.102514, "volume": 12097449, "typical_volume": 16290726.45, "trend": 9.658364, "fair_value": 9.661713, "relative_strength": -11.469196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.784583, "energy": 54.688849, "activity_lines": [ 7.701848, 7.993416, 8.830095, 9.224872 ] }, { "date": "2024-03-22", "close": 8.20762, "volume": 11431424, "typical_volume": 15765033.7, "trend": 9.592754, "fair_value": 9.653525, "relative_strength": -9.859346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.471421, "energy": 45.106474, "activity_lines": [ 7.933076, 7.933308, 8.72035, 9.131275 ] }, { "date": "2024-03-29", "close": 8.198065, "volume": 11120015, "typical_volume": 15503844.85, "trend": 9.523322, "fair_value": 9.646115, "relative_strength": -8.399478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.748237, "energy": 34.044028, "activity_lines": [ 8.056016, 7.91333, 8.618569, 9.041295 ] }, { "date": "2024-04-05", "close": 8.561148, "volume": 7633251, "typical_volume": 15189843.6, "trend": 9.480644, "fair_value": 9.639712, "relative_strength": -5.793601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.463128, "energy": 23.334476, "activity_lines": [ 8.265585, 8.001408, 8.560966, 8.979219 ] }, { "date": "2024-04-12", "close": 8.226728, "volume": 12402108, "typical_volume": 15310315.45, "trend": 9.405797, "fair_value": 9.632186, "relative_strength": -6.475925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.906821, "energy": 21.089898, "activity_lines": [ 8.299345, 8.052135, 8.47884, 8.898322 ] }, { "date": "2024-04-19", "close": 7.16614, "volume": 27525420, "typical_volume": 15946759.1, "trend": 9.297509, "fair_value": 9.61642, "relative_strength": -18.955017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.206214, "energy": 33.399712, "activity_lines": [ 7.934987, 7.933655, 8.305306, 8.753828 ] }, { "date": "2024-04-26", "close": 7.510115, "volume": 14822737, "typical_volume": 16143311.0, "trend": 9.201961, "fair_value": 9.601839, "relative_strength": -16.708626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.091412, "energy": 37.351905, "activity_lines": [ 7.747712, 7.882233, 8.179455, 8.638512 ] }, { "date": "2024-05-03", "close": 7.873199, "volume": 6344110, "typical_volume": 15764738.65, "trend": 9.112782, "fair_value": 9.587785, "relative_strength": -13.859413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.411023, "energy": 38.898097, "activity_lines": [ 7.727965, 7.880843, 8.101515, 8.552785 ] }, { "date": "2024-05-10", "close": 8.121625, "volume": 13904910, "typical_volume": 15875001.55, "trend": 9.030292, "fair_value": 9.579105, "relative_strength": -12.485197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.437342, "energy": 39.806549, "activity_lines": [ 7.812685, 7.921147, 8.056607, 8.48884 ] }, { "date": "2024-05-17", "close": 8.303167, "volume": 11208957, "typical_volume": 15844520.7, "trend": 8.964045, "fair_value": 9.570749, "relative_strength": -10.302289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.49832, "energy": 24.67097, "activity_lines": [ 7.98722, 7.984904, 8.038862, 8.441928 ] }, { "date": "2024-05-24", "close": 7.825424, "volume": 11142445, "typical_volume": 15817958.95, "trend": 8.906397, "fair_value": 9.56017, "relative_strength": -12.819896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.747863, "energy": 22.041025, "activity_lines": [ 7.997412, 7.948248, 7.984399, 8.368469 ] }, { "date": "2024-05-31", "close": 7.81587, "volume": 8434788, "typical_volume": 15586806.4, "trend": 8.831232, "fair_value": 9.54989, "relative_strength": -12.283625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.36645, "energy": 22.187587, "activity_lines": [ 7.960466, 7.914893, 7.941266, 8.298113 ] }, { "date": "2024-06-07", "close": 7.053513, "volume": 17129961, "typical_volume": 15807373.05, "trend": 8.725878, "fair_value": 9.533763, "relative_strength": -19.673798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.441328, "energy": 40.933231, "activity_lines": [ 7.649018, 7.75005, 7.838358, 8.183421 ] }, { "date": "2024-06-14", "close": 7.121899, "volume": 10062863, "typical_volume": 15332201.05, "trend": 8.626625, "fair_value": 9.518374, "relative_strength": -18.635712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.148597, "energy": 60.156557, "activity_lines": [ 7.415011, 7.618451, 7.758424, 8.079938 ] }, { "date": "2024-06-21", "close": 7.014435, "volume": 7806545, "typical_volume": 14506814.7, "trend": 8.519013, "fair_value": 9.505537, "relative_strength": -17.986682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.473694, "energy": 67.804523, "activity_lines": [ 7.211832, 7.493481, 7.681251, 7.975926 ] }, { "date": "2024-06-28", "close": 7.004666, "volume": 9653216, "typical_volume": 13827167.7, "trend": 8.409164, "fair_value": 9.491738, "relative_strength": -15.922093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.654059, "energy": 68.577325, "activity_lines": [ 7.091311, 7.388777, 7.615109, 7.878226 ] }, { "date": "2024-07-05", "close": 6.906972, "volume": 7392700, "typical_volume": 12738082.7, "trend": 8.29574, "fair_value": 9.474491, "relative_strength": -15.518054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.057455, "energy": 63.948015, "activity_lines": [ 6.992943, 7.269247, 7.541615, 7.781311 ] }, { "date": "2024-07-12", "close": 6.955819, "volume": 9786584, "typical_volume": 12248795.05, "trend": 8.199551, "fair_value": 9.457438, "relative_strength": -16.186351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.401679, "energy": 49.599153, "activity_lines": [ 6.97145, 7.169563, 7.471458, 7.694864 ] }, { "date": "2024-07-19", "close": 6.496656, "volume": 7292162, "typical_volume": 11563475.75, "trend": 8.076272, "fair_value": 9.437561, "relative_strength": -21.792885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.368144, "energy": 60.15679, "activity_lines": [ 6.803416, 7.003075, 7.361031, 7.585 ] }, { "date": "2024-07-26", "close": 6.535734, "volume": 6483653, "typical_volume": 11183764.9, "trend": 7.955888, "fair_value": 9.418835, "relative_strength": -18.196709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.926203, "energy": 62.530233, "activity_lines": [ 6.690091, 6.873238, 7.25956, 7.48561 ] }, { "date": "2024-08-02", "close": 7.09259, "volume": 16358807, "typical_volume": 11396832.8, "trend": 7.845785, "fair_value": 9.405659, "relative_strength": -10.527333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.275656, "energy": 44.343577, "activity_lines": [ 6.794298, 6.876781, 7.215991, 7.429914 ] }, { "date": "2024-08-09", "close": 7.522444, "volume": 26914994, "typical_volume": 12171011.3, "trend": 7.746189, "fair_value": 9.394699, "relative_strength": -3.181986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.364183, "energy": 27.559847, "activity_lines": [ 7.035928, 6.971805, 7.21817, 7.409053 ] }, { "date": "2024-08-16", "close": 6.516195, "volume": 34984813, "typical_volume": 13364251.2, "trend": 7.61305, "fair_value": 9.376628, "relative_strength": -15.449104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.544962, "energy": 29.727031, "activity_lines": [ 6.90111, 6.889209, 7.127778, 7.329699 ] }, { "date": "2024-08-23", "close": 6.281729, "volume": 7896410, "typical_volume": 13377409.15, "trend": 7.494073, "fair_value": 9.354893, "relative_strength": -16.516183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.279095, "energy": 36.230376, "activity_lines": [ 6.717445, 6.773752, 7.023065, 7.243807 ] }, { "date": "2024-08-30", "close": 6.652967, "volume": 10726625, "typical_volume": 13293635.0, "trend": 7.398299, "fair_value": 9.336738, "relative_strength": -13.007898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.027334, "energy": 33.307074, "activity_lines": [ 6.671854, 6.741069, 6.964562, 7.189542 ] }, { "date": "2024-09-06", "close": 6.457579, "volume": 6249225, "typical_volume": 12229825.25, "trend": 7.366399, "fair_value": 9.315831, "relative_strength": -12.978004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.127997, "energy": 56.093246, "activity_lines": [ 6.553319, 6.679433, 6.894945, 7.12885 ] }, { "date": "2024-09-13", "close": 6.320807, "volume": 6078077, "typical_volume": 11792592.25, "trend": 7.356057, "fair_value": 9.291465, "relative_strength": -12.866544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.814114, "energy": 62.942287, "activity_lines": [ 6.431527, 6.602876, 6.815676, 7.061393 ] }, { "date": "2024-09-20", "close": 6.457579, "volume": 5340795, "typical_volume": 11742426.5, "trend": 7.31524, "fair_value": 9.269537, "relative_strength": -11.591798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.377077, "energy": 50.325539, "activity_lines": [ 6.435435, 6.561845, 6.755096, 7.003426 ] }, { "date": "2024-09-27", "close": 7.170746, "volume": 10124064, "typical_volume": 11553384.2, "trend": 7.301061, "fair_value": 9.246539, "relative_strength": -16.203123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.755519, "energy": 22.442962, "activity_lines": [ 6.680973, 6.659539, 6.769179, 6.994104 ] }, { "date": "2024-10-04", "close": 7.717833, "volume": 5749124, "typical_volume": 11280392.55, "trend": 7.306393, "fair_value": 9.229748, "relative_strength": -17.970646, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.883141, "energy": 11.451689, "activity_lines": [ 7.049605, 6.844448, 6.839892, 7.020993 ] }, { "date": "2024-10-11", "close": 7.336826, "volume": 20225261, "typical_volume": 11734533.35, "trend": 7.28087, "fair_value": 9.207274, "relative_strength": -17.82084, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.638448, "energy": 18.178466, "activity_lines": [ 7.220244, 6.938589, 6.877107, 7.022956 ] }, { "date": "2024-10-18", "close": 7.512675, "volume": 12165897, "typical_volume": 11921088.8, "trend": 7.257705, "fair_value": 9.183467, "relative_strength": -17.734545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 23.459906, "energy": 31.744889, "activity_lines": [ 7.390883, 7.060263, 6.933396, 7.037911 ] }, { "date": "2024-10-25", "close": 7.815526, "volume": 10990112, "typical_volume": 11614096.35, "trend": 7.244954, "fair_value": 9.163281, "relative_strength": -16.050449, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.25001, "energy": 50.338655, "activity_lines": [ 7.583015, 7.237178, 7.019971, 7.0739 ] }, { "date": "2024-11-01", "close": 7.883912, "volume": 18530178, "typical_volume": 12037462.1, "trend": 7.222379, "fair_value": 9.147555, "relative_strength": -13.45953, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.091095, "energy": 56.124462, "activity_lines": [ 7.707412, 7.402902, 7.109431, 7.115123 ] }, { "date": "2024-11-08", "close": 8.382153, "volume": 28763956, "typical_volume": 13085332.65, "trend": 7.22756, "fair_value": 9.134543, "relative_strength": -13.265161, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.924822, "energy": 67.691974, "activity_lines": [ 7.950344, 7.630086, 7.242714, 7.189947 ] }, { "date": "2024-11-15", "close": 8.128147, "volume": 17909638, "typical_volume": 13498153.75, "trend": 7.259627, "fair_value": 9.124824, "relative_strength": -12.164735, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.793999, "energy": 68.657275, "activity_lines": [ 8.064321, 7.779646, 7.345292, 7.24805 ] }, { "date": "2024-11-22", "close": 8.196534, "volume": 17788085, "typical_volume": 14017923.0, "trend": 7.282507, "fair_value": 9.117104, "relative_strength": -8.29921, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.508826, "energy": 75.219849, "activity_lines": [ 8.148338, 7.911267, 7.449034, 7.308495 ] }, { "date": "2024-11-29", "close": 8.675235, "volume": 14037079, "typical_volume": 14230447.75, "trend": 7.309242, "fair_value": 9.115814, "relative_strength": -4.031692, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.732033, "energy": 82.605094, "activity_lines": [ 8.346331, 8.09582, 7.592226, 7.398349 ] }, { "date": "2024-12-06", "close": 8.890162, "volume": 18516070, "typical_volume": 14791643.15, "trend": 7.33486, "fair_value": 9.116802, "relative_strength": -2.771328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.65521, "energy": 83.100821, "activity_lines": [ 8.558653, 8.27913, 7.747699, 7.500343 ] }, { "date": "2024-12-13", "close": 9.017163, "volume": 27326508, "typical_volume": 15833785.9, "trend": 7.35866, "fair_value": 9.116384, "relative_strength": -0.235262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.56364, "energy": 80.687421, "activity_lines": [ 8.746226, 8.454268, 7.90387, 7.608879 ] }, { "date": "2024-12-20", "close": 8.685004, "volume": 21081460, "typical_volume": 16069918.55, "trend": 7.387312, "fair_value": 9.112155, "relative_strength": -2.710582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.328225, "energy": 66.420793, "activity_lines": [ 8.780744, 8.54539, 8.01659, 7.69445 ] }, { "date": "2024-12-27", "close": 8.030454, "volume": 19967314, "typical_volume": 15722534.55, "trend": 7.394465, "fair_value": 9.103551, "relative_strength": -9.434649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.358374, "energy": 47.212681, "activity_lines": [ 8.559956, 8.492991, 8.05939, 7.735943 ] }, { "date": "2025-01-03", "close": 7.297748, "volume": 13353037, "typical_volume": 14640945.75, "trend": 7.402606, "fair_value": 9.089289, "relative_strength": -10.622488, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.315457, "energy": 16.744761, "activity_lines": [ 8.106004, 8.297958, 8.029988, 7.729703 ] }, { "date": "2025-01-10", "close": 7.42475, "volume": 13362311, "typical_volume": 14914240.8, "trend": 7.412701, "fair_value": 9.076142, "relative_strength": -7.274155, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.666792, "energy": 21.874934, "activity_lines": [ 7.786218, 8.13543, 8.008961, 7.731132 ] }, { "date": "2025-01-17", "close": 7.92299, "volume": 12770629, "typical_volume": 15016441.0, "trend": 7.442986, "fair_value": 9.066069, "relative_strength": -3.729626, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.842133, "energy": 25.588238, "activity_lines": [ 7.730207, 8.07184, 8.029942, 7.764053 ] }, { "date": "2025-01-24", "close": 7.991376, "volume": 13664635, "typical_volume": 15387211.5, "trend": 7.475877, "fair_value": 9.057154, "relative_strength": -3.347393, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.640997, "energy": 19.235115, "activity_lines": [ 7.769936, 8.029033, 8.051388, 7.799433 ] }, { "date": "2025-01-31", "close": 8.167225, "volume": 3279420, "typical_volume": 15247278.65, "trend": 7.517885, "fair_value": 9.046845, "relative_strength": 0.791475, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.246512, "energy": 13.026676, "activity_lines": [ 7.914523, 8.020684, 8.082278, 7.844036 ] }, { "date": "2025-02-07", "close": 8.186764, "volume": 10211600, "typical_volume": 15490818.9, "trend": 7.558917, "fair_value": 9.033721, "relative_strength": -2.635616, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.801765, "energy": 20.022756, "activity_lines": [ 8.056505, 8.016421, 8.106236, 7.88719 ] }, { "date": "2025-02-14", "close": 8.206303, "volume": 13979475, "typical_volume": 15683589.45, "trend": 7.615905, "fair_value": 9.022042, "relative_strength": -4.005161, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.590982, "energy": 24.059861, "activity_lines": [ 8.145733, 8.024592, 8.123821, 7.928957 ] }, { "date": "2025-02-21", "close": 8.235611, "volume": 12275045, "typical_volume": 16009885.5, "trend": 7.672568, "fair_value": 9.012232, "relative_strength": -5.559389, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.576421, "energy": 26.593709, "activity_lines": [ 8.192626, 8.050525, 8.139266, 7.968938 ] }, { "date": "2025-02-28", "close": 8.089069, "volume": 13277517, "typical_volume": 15662498.3, "trend": 7.705784, "fair_value": 9.004664, "relative_strength": -3.817057, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.223607, "energy": 22.602229, "activity_lines": [ 8.16983, 8.064025, 8.138289, 7.995809 ] }, { "date": "2025-03-07", "close": 8.284457, "volume": 14226877, "typical_volume": 15765547.3, "trend": 7.731184, "fair_value": 8.996547, "relative_strength": -3.505801, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.388697, "energy": 23.666589, "activity_lines": [ 8.205651, 8.123884, 8.152338, 8.033143 ] }, { "date": "2025-03-14", "close": 8.470077, "volume": 13960875, "typical_volume": 15914085.45, "trend": 7.796313, "fair_value": 8.98674, "relative_strength": -2.38387, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.02327, "energy": 32.916778, "activity_lines": [ 8.29553, 8.212875, 8.180391, 8.080813 ] }, { "date": "2025-03-21", "close": 8.782698, "volume": 30953790, "typical_volume": 16535266.05, "trend": 7.879679, "fair_value": 8.979176, "relative_strength": 4.064485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.530235, "energy": 50.326114, "activity_lines": [ 8.470728, 8.33739, 8.235099, 8.144451 ] }, { "date": "2025-03-28", "close": 8.460307, "volume": 75180828, "typical_volume": 18856109.65, "trend": 7.939924, "fair_value": 8.969246, "relative_strength": 1.186148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.535271, "energy": 48.85035, "activity_lines": [ 8.500036, 8.378599, 8.254824, 8.181911 ] }, { "date": "2025-04-04", "close": 8.128147, "volume": 24233642, "typical_volume": 19172309.85, "trend": 7.995609, "fair_value": 8.954005, "relative_strength": -0.246168, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.637393, "energy": 34.17156, "activity_lines": [ 8.403645, 8.349646, 8.242542, 8.194054 ] }, { "date": "2025-04-11", "close": 7.532214, "volume": 24146440, "typical_volume": 19490227.6, "trend": 8.03599, "fair_value": 8.932604, "relative_strength": -2.265662, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.818789, "energy": 5.595894, "activity_lines": [ 8.106003, 8.209855, 8.173505, 8.164158 ] }, { "date": "2025-04-18", "close": 9.359093, "volume": 56011306, "typical_volume": 21588938.95, "trend": 8.132707, "fair_value": 8.922372, "relative_strength": 21.543989, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.849379, "energy": 29.46585, "activity_lines": [ 8.467472, 8.413769, 8.28162, 8.249519 ] }, { "date": "2025-04-25", "close": 11.928448, "volume": 299212400, "typical_volume": 35623755.45, "trend": 8.291297, "fair_value": 8.928672, "relative_strength": 51.283768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.647172, "energy": 77.801449, "activity_lines": [ 9.626124, 9.063524, 8.631179, 8.494406 ] }, { "date": "2025-05-02", "close": 11.439977, "volume": 169000812, "typical_volume": 42707470.65, "trend": 8.415368, "fair_value": 8.938022, "relative_strength": 44.175395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.333858, "energy": 85.662693, "activity_lines": [ 10.412235, 9.55679, 8.919749, 8.697546 ] }, { "date": "2025-05-09", "close": 13.452476, "volume": 208688430, "typical_volume": 52087819.15, "trend": 8.619223, "fair_value": 8.963754, "relative_strength": 63.797291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.736362, "energy": 94.666172, "activity_lines": [ 11.670535, 10.357704, 9.388448, 9.022521 ] }, { "date": "2025-05-16", "close": 17.96594, "volume": 307044141, "typical_volume": 66441660.5, "trend": 8.967665, "fair_value": 9.018599, "relative_strength": 113.023906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.112018, "energy": 98.3063, "activity_lines": [ 14.078368, 11.881732, 10.264298, 9.625535 ] }, { "date": "2025-05-23", "close": 13.931176, "volume": 226909835, "typical_volume": 77119500.4, "trend": 9.17152, "fair_value": 9.054062, "relative_strength": 63.881022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.918011, "energy": 87.595699, "activity_lines": [ 14.445698, 12.496139, 10.708574, 9.945762 ] }, { "date": "2025-05-30", "close": 12.485303, "volume": 176468565, "typical_volume": 85274813.1, "trend": 9.3249, "fair_value": 9.082477, "relative_strength": 46.838787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.618033, "energy": 70.539811, "activity_lines": [ 14.026265, 12.748367, 10.983559, 10.159554 ] }, { "date": "2025-06-06", "close": 12.739308, "volume": 96046229, "typical_volume": 89438593.1, "trend": 9.470139, "fair_value": 9.10994, "relative_strength": 46.099238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.603316, "energy": 56.23635, "activity_lines": [ 13.654376, 12.979458, 11.258638, 10.379838 ] }, { "date": "2025-06-13", "close": 12.436456, "volume": 106535842, "typical_volume": 94082153.45, "trend": 9.613749, "fair_value": 9.133721, "relative_strength": 42.029997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.350072, "energy": 37.39618, "activity_lines": [ 13.094914, 13.077685, 11.481939, 10.571214 ] }, { "date": "2025-06-20", "close": 12.0, "volume": 77672327, "typical_volume": 97801798.8, "trend": 9.740531, "fair_value": 9.154884, "relative_strength": 37.349711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.825715, "energy": 23.575624, "activity_lines": [ 12.457702, 13.018223, 11.642505, 10.725165 ] }, { "date": "2025-06-27", "close": 12.46, "volume": 78613914, "typical_volume": 101221914.5, "trend": 9.86669, "fair_value": 9.177484, "relative_strength": 36.255029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.119208, "energy": 21.214388, "activity_lines": [ 12.371552, 12.961165, 11.82863, 10.900615 ] }, { "date": "2025-07-04", "close": 13.15, "volume": 166934856, "typical_volume": 108869683.55, "trend": 10.008684, "fair_value": 9.20475, "relative_strength": 40.616046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.89396, "energy": 22.015569, "activity_lines": [ 12.613481, 12.973182, 12.06012, 11.112442 ] }, { "date": "2025-07-11", "close": 12.59, "volume": 60123358, "typical_volume": 111262099.2, "trend": 10.127779, "fair_value": 9.228729, "relative_strength": 31.16031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.5072, "energy": 21.165406, "activity_lines": [ 12.62443, 12.86117, 12.214735, 11.278978 ] }, { "date": "2025-07-18", "close": 12.25, "volume": 45810242, "typical_volume": 112888735.45, "trend": 10.246612, "fair_value": 9.249437, "relative_strength": 24.028366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.628456, "energy": 20.976228, "activity_lines": [ 12.532, 12.666431, 12.316235, 11.415895 ] }, { "date": "2025-07-25", "close": 12.79, "volume": 166553511, "typical_volume": 120505067.15, "trend": 10.405264, "fair_value": 9.271666, "relative_strength": 25.520186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.175207, "energy": 24.891293, "activity_lines": [ 12.632, 12.591737, 12.449349, 11.579985 ] }, { "date": "2025-08-01", "close": 12.35, "volume": 47364431, "typical_volume": 122175244.95, "trend": 10.573672, "fair_value": 9.293803, "relative_strength": 22.392342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.15758, "energy": 20.530092, "activity_lines": [ 12.532667, 12.531151, 12.519103, 11.705452 ] }, { "date": "2025-08-08", "close": 12.41, "volume": 40305388, "typical_volume": 122642824.85, "trend": 10.739847, "fair_value": 9.318388, "relative_strength": 20.914523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.092846, "energy": 13.469839, "activity_lines": [ 12.460667, 12.510222, 12.576095, 11.823925 ] }, { "date": "2025-08-15", "close": 12.13, "volume": 32281638, "typical_volume": 120497865.35, "trend": 10.880081, "fair_value": 9.337599, "relative_strength": 12.431728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.728983, "energy": 13.013076, "activity_lines": [ 12.344667, 12.439754, 12.589149, 11.913612 ] }, { "date": "2025-08-22", "close": 12.5, "volume": 59582439, "typical_volume": 122265305.2, "trend": 11.030368, "fair_value": 9.356998, "relative_strength": 10.207095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.184435, "energy": 12.514758, "activity_lines": [ 12.382667, 12.447636, 12.619965, 12.018123 ] }, { "date": "2025-08-29", "close": 12.13, "volume": 42543717, "typical_volume": 123185169.05, "trend": 11.162461, "fair_value": 9.372811, "relative_strength": 2.145828, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 19.405208, "energy": 12.371703, "activity_lines": [ 12.280667, 12.387091, 12.594725, 12.089067 ] }, { "date": "2025-09-05", "close": 11.94, "volume": 26441501, "typical_volume": 121706678.8, "trend": 11.287569, "fair_value": 9.383584, "relative_strength": 1.06883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.817796, "energy": 8.203131, "activity_lines": [ 12.159333, 12.289636, 12.529496, 12.139231 ] }, { "date": "2025-09-12", "close": 13.19, "volume": 60783578, "typical_volume": 109785237.7, "trend": 11.453692, "fair_value": 9.40504, "relative_strength": 8.260308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.59883, "energy": 20.033089, "activity_lines": [ 12.482, 12.428909, 12.571024, 12.261968 ] }, { "date": "2025-09-19", "close": 12.04, "volume": 85429402, "typical_volume": 105606667.2, "trend": 11.580505, "fair_value": 9.420215, "relative_strength": -2.529438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.624067, "energy": 8.836398, "activity_lines": [ 12.369333, 12.358364, 12.497021, 12.299794 ] }, { "date": "2025-09-26", "close": 11.25, "volume": 37200795, "typical_volume": 97032285.45, "trend": 11.685869, "fair_value": 9.431419, "relative_strength": -10.056863, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.824641, "energy": 8.91157, "activity_lines": [ 11.999333, 12.154182, 12.344922, 12.278472 ] }, { "date": "2025-10-03", "close": 11.46, "volume": 9797678, "typical_volume": 82169962.3, "trend": 11.791721, "fair_value": 9.439176, "relative_strength": -10.735738, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.909083, "energy": 29.45101, "activity_lines": [ 11.782667, 12.006364, 12.223312, 12.263899 ] }, { "date": "2025-10-10", "close": 11.63, "volume": 8806652, "typical_volume": 71264803.15, "trend": 11.897051, "fair_value": 9.45318, "relative_strength": -8.513484, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.460832, "energy": 43.608688, "activity_lines": [ 11.667333, 11.913636, 12.148873, 12.253466 ] }, { "date": "2025-10-17", "close": 11.34, "volume": 22607128, "typical_volume": 63571731.3, "trend": 11.982295, "fair_value": 9.466174, "relative_strength": -6.427592, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.921634, "energy": 51.74669, "activity_lines": [ 11.476, 11.781273, 12.057772, 12.217527 ] }, { "date": "2025-10-24", "close": 11.86, "volume": 19475425, "typical_volume": 59743191.1, "trend": 12.095618, "fair_value": 9.481894, "relative_strength": -6.850598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.898062, "energy": 44.677404, "activity_lines": [ 11.581333, 11.762909, 12.02165, 12.209637 ] }, { "date": "2025-10-31", "close": 11.44, "volume": 23177236, "typical_volume": 55575260.8, "trend": 12.206013, "fair_value": 9.494316, "relative_strength": -10.927968, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.498551, "energy": 47.156091, "activity_lines": [ 11.558667, 11.673091, 11.949714, 12.167339 ] }, { "date": "2025-11-07", "close": 11.74, "volume": 18399226, "typical_volume": 52611605.75, "trend": 12.346273, "fair_value": 9.506294, "relative_strength": -8.996089, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.663892, "energy": 32.168722, "activity_lines": [ 11.623333, 11.657091, 11.911095, 12.137274 ] }, { "date": "2025-11-14", "close": 12.0, "volume": 21870394, "typical_volume": 49774429.75, "trend": 12.434303, "fair_value": 9.526007, "relative_strength": -5.942559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.713973, "energy": 18.901871, "activity_lines": [ 11.756, 11.695455, 11.898476, 12.114934 ] }, { "date": "2025-11-21", "close": 10.66, "volume": 25614017, "typical_volume": 42708387.8, "trend": 12.392021, "fair_value": 9.534338, "relative_strength": -12.041583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.275757, "energy": 40.36874, "activity_lines": [ 11.417333, 11.489091, 11.760429, 12.000462 ] }, { "date": "2025-11-28", "close": 11.4, "volume": 22565071, "typical_volume": 40830473.45, "trend": 12.390689, "fair_value": 9.545108, "relative_strength": -9.275981, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.546891, "energy": 31.942236, "activity_lines": [ 11.370667, 11.463273, 11.704714, 11.936461 ] }, { "date": "2025-12-05", "close": 11.32, "volume": 24554095, "typical_volume": 39767666.1, "trend": 12.319606, "fair_value": 9.55579, "relative_strength": -11.099273, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.423, "energy": 33.817452, "activity_lines": [ 11.328, 11.434545, 11.647048, 11.867384 ] }, { "date": "2025-12-12", "close": 10.36, "volume": 21228445, "typical_volume": 32501412.8, "trend": 12.066075, "fair_value": 9.559832, "relative_strength": -19.220853, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.823662, "energy": 66.103896, "activity_lines": [ 10.973333, 11.23, 11.502381, 11.740958 ] }, { "date": "2025-12-19", "close": 10.71, "volume": 22779065, "typical_volume": 31272144.5, "trend": 11.958702, "fair_value": 9.563388, "relative_strength": -15.739989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.893216, "energy": 60.142859, "activity_lines": [ 10.827333, 11.109091, 11.402619, 11.653469 ] }, { "date": "2025-12-26", "close": 10.73, "volume": 15367991, "typical_volume": 30025274.65, "trend": 11.900192, "fair_value": 9.569014, "relative_strength": -18.517325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.007204, "energy": 63.814417, "activity_lines": [ 10.774, 11.008545, 11.312571, 11.574198 ] }, { "date": "2026-01-02", "close": 10.69, "volume": 10918378, "typical_volume": 28957111.65, "trend": 11.831882, "fair_value": 9.57681, "relative_strength": -18.433619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.360555, "energy": 64.87843, "activity_lines": [ 10.702667, 10.911818, 11.226714, 11.496121 ] }, { "date": "2026-01-09", "close": 10.81, "volume": 20186201, "typical_volume": 26987299.75, "trend": 11.777667, "fair_value": 9.588105, "relative_strength": -21.006384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.26365, "energy": 44.764966, "activity_lines": [ 10.718667, 10.858182, 11.159143, 11.430194 ] }, { "date": "2026-01-16", "close": 10.7, "volume": 22731807, "typical_volume": 25996704.25, "trend": 11.734333, "fair_value": 9.598877, "relative_strength": -22.644523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.36266, "energy": 40.432285, "activity_lines": [ 10.732, 10.796, 11.089143, 11.360667 ] }, { "date": "2026-01-23", "close": 13.25, "volume": 154395773, "typical_volume": 32394417.85, "trend": 11.760667, "fair_value": 9.624539, "relative_strength": -5.526198, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.361812, "energy": 10.750539, "activity_lines": [ 11.572667, 11.216364, 11.26881, 11.458452 ] }, { "date": "2026-01-30", "close": 15.33, "volume": 243076410, "typical_volume": 41509059.45, "trend": 11.833333, "fair_value": 9.662625, "relative_strength": 10.50154, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.617573, "energy": 51.715536, "activity_lines": [ 12.937333, 11.992182, 11.640333, 11.688731 ] }, { "date": "2026-02-06", "close": 14.0, "volume": 202175609, "typical_volume": 47346369.8, "trend": 11.880333, "fair_value": 9.690789, "relative_strength": 2.615454, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.54214, "energy": 63.087422, "activity_lines": [ 13.552, 12.441273, 11.875, 11.828516 ] }, { "date": "2026-02-13", "close": 12.82, "volume": 91382750, "typical_volume": 50055467.55, "trend": 11.899333, "fair_value": 9.708963, "relative_strength": -7.586922, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.70185, "energy": 56.485619, "activity_lines": [ 13.552667, 12.628545, 11.987952, 11.88914 ] }, { "date": "2026-02-27", "close": 13.78, "volume": 77021740, "typical_volume": 53416670.65, "trend": 11.932333, "fair_value": 9.731046, "relative_strength": -3.751826, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.746504, "energy": 74.026919, "activity_lines": [ 13.739333, 12.963091, 12.184857, 12.010473 ] }, { "date": "2026-03-06", "close": 13.68, "volume": 65067697, "typical_volume": 56229722.9, "trend": 11.976667, "fair_value": 9.754125, "relative_strength": -2.660899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.878985, "energy": 45.891875, "activity_lines": [ 13.687333, 13.217273, 12.36119, 12.123226 ] }, { "date": "2026-03-13", "close": 14.04, "volume": 175325444, "typical_volume": 63865638.7, "trend": 12.031, "fair_value": 9.779452, "relative_strength": -1.275492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.887255, "energy": 42.143208, "activity_lines": [ 13.726667, 13.482909, 12.562048, 12.256344 ] }, { "date": "2026-03-20", "close": 11.24, "volume": 153304333, "typical_volume": 70557084.1, "trend": 12.001333, "fair_value": 9.786224, "relative_strength": -18.662454, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.101193, "energy": 17.267518, "activity_lines": [ 12.918667, 13.179273, 12.483381, 12.205312 ] }, { "date": "2026-03-27", "close": 11.35, "volume": 66261266, "typical_volume": 72711285.6, "trend": 11.963, "fair_value": 9.795278, "relative_strength": -17.239655, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.815196, "energy": 14.589086, "activity_lines": [ 12.331333, 12.885636, 12.418143, 12.16329 ] }, { "date": "2026-04-03", "close": 10.51, "volume": 41370857, "typical_volume": 73859867.15, "trend": 11.909, "fair_value": 9.8001, "relative_strength": -21.010091, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.757568, "energy": 21.518717, "activity_lines": [ 11.562, 12.429455, 12.273333, 12.069548 ] }, { "date": "2026-04-10", "close": 10.81, "volume": 46533837, "typical_volume": 75093039.3, "trend": 11.871333, "fair_value": 9.80284, "relative_strength": -24.144475, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.222977, "energy": 29.531075, "activity_lines": [ 11.110667, 12.031273, 12.162952, 11.998645 ] }, { "date": "2026-04-17", "close": 10.5, "volume": 37961450, "typical_volume": 75710410.95, "trend": 11.781667, "fair_value": 9.807416, "relative_strength": -29.087786, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.72992, "energy": 36.643092, "activity_lines": [ 10.747333, 11.621091, 12.028714, 11.910172 ] }, { "date": "2026-04-24", "close": 10.198742, "volume": 36993666, "typical_volume": 76431840.7, "trend": 11.720291, "fair_value": 9.812245, "relative_strength": -31.009677, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.356536, "energy": 44.575289, "activity_lines": [ 10.519581, 11.243953, 11.866547, 11.808048 ] }, { "date": "2026-05-01", "close": 10.524549, "volume": 36745228, "typical_volume": 77041397.35, "trend": 11.69611, "fair_value": 9.819163, "relative_strength": -28.894362, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.231227, "energy": 41.799644, "activity_lines": [ 10.469848, 10.995167, 11.741129, 11.730903 ] }, { "date": "2026-05-08", "close": 10.672644, "volume": 21336965, "typical_volume": 77046823.35, "trend": 11.669864, "fair_value": 9.829638, "relative_strength": -29.356086, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.051662, "energy": 50.873719, "activity_lines": [ 10.524509, 10.815042, 11.633603, 11.664873 ] }, { "date": "2026-05-15", "close": 11.255146, "volume": 101655940, "typical_volume": 80990667.1, "trend": 11.657369, "fair_value": 9.84227, "relative_strength": -24.584675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.761682, "energy": 33.542404, "activity_lines": [ 10.762496, 10.797324, 11.580065, 11.638117 ] }, { "date": "2026-05-22", "close": 9.764334, "volume": 123000013, "typical_volume": 86372268.2, "trend": 11.604847, "fair_value": 9.842555, "relative_strength": -33.199115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.806477, "energy": 40.933387, "activity_lines": [ 10.473868, 10.552638, 11.381949, 11.515986 ] }, { "date": "2026-05-29", "close": 8.74742, "volume": 47839281, "typical_volume": 88218313.35, "trend": 11.501094, "fair_value": 9.836503, "relative_strength": -39.053835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.718742, "energy": 61.88275, "activity_lines": [ 9.895314, 10.200798, 11.091582, 11.331636 ] }, { "date": "2026-06-05", "close": 8.717802, "volume": 8319997, "typical_volume": 87625003.15, "trend": 11.410355, "fair_value": 9.829715, "relative_strength": -37.345732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.320558, "energy": 74.551497, "activity_lines": [ 9.403642, 9.888892, 10.807645, 11.152068 ] }, { "date": "2026-06-12", "close": 8.263647, "volume": 27717159, "typical_volume": 87874270.75, "trend": 11.294476, "fair_value": 9.819227, "relative_strength": -38.303001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.004796, "energy": 85.836746, "activity_lines": [ 8.881034, 9.542271, 10.490418, 10.949055 ] }, { "date": "2026-06-19", "close": 7.977332, "volume": 58608341, "typical_volume": 83084899.15, "trend": 11.160387, "fair_value": 9.806298, "relative_strength": -43.518935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.658655, "energy": 91.740136, "activity_lines": [ 8.423589, 9.184435, 10.157524, 10.735046 ] }, { "date": "2026-06-26", "close": 7.66, "volume": 7110691, "typical_volume": 71286613.2, "trend": 11.060387, "fair_value": 9.792729, "relative_strength": -44.039663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.938304, "energy": 92.271819, "activity_lines": [ 8.078886, 8.820406, 9.819517, 10.509214 ] }, { "date": "2026-07-03", "close": 7.8, "volume": 7633947, "typical_volume": 61559530.1, "trend": 10.940387, "fair_value": 9.777813, "relative_strength": -41.432449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.217672, "energy": 89.596227, "activity_lines": [ 7.921139, 8.533467, 9.531366, 10.298867 ] }, { "date": "2026-07-10", "close": 7.6, "volume": 32847843, "typical_volume": 58632784.75, "trend": 10.816387, "fair_value": 9.765437, "relative_strength": -39.833851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.165066, "energy": 89.182167, "activity_lines": [ 7.759887, 8.253779, 9.253692, 10.083358 ] }, { "date": "2026-07-17", "close": 7.39, "volume": 28283313, "typical_volume": 56195863.4, "trend": 10.717387, "fair_value": 9.74666, "relative_strength": -34.825449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.395647, "energy": 78.847761, "activity_lines": [ 7.603155, 7.989082, 8.980874, 9.862301 ] }, { "date": "2026-07-24", "close": 7.02, "volume": 50595959, "typical_volume": 55472276.5, "trend": 10.594387, "fair_value": 9.725144, "relative_strength": -37.503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.688823, "energy": 69.68701, "activity_lines": [ 7.381333, 7.716797, 8.703248, 9.62376 ] }, { "date": "2026-07-31", "close": 7.59, "volume": 31471118, "typical_volume": 48279560.2, "trend": 10.489721, "fair_value": 9.706117, "relative_strength": -30.493367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.419389, "energy": 64.17927, "activity_lines": [ 7.413333, 7.625151, 8.511621, 9.429928 ] }, { "date": "2026-08-07", "close": 8.0, "volume": 28337217, "typical_volume": 42031204.4, "trend": 10.400054, "fair_value": 9.690699, "relative_strength": -29.535008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.134454, "energy": 57.273235, "activity_lines": [ 7.586667, 7.647583, 8.389756, 9.269301 ] } ], "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." } } }