{ "ticker": { "uuid": "06e5d378-aa5e-4f83-995c-50414dd5830c", "symbol": "000783", "name": "Changjiang Securities Company Limited", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 48.078, "architecture_energy": 27.242, "architecture_maturity": 43.977, "architecture_confidence": 90.962, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.11, "rotation_up": 35.84, "upward_expansion": 62.16, "deceleration": 87.64, "rotation_down": 24.03, "downward_expansion": 14.5 }, "activity_lines": [ 8.741333, 8.775051, 8.375701, 8.144975 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 9.04, "trend_reference": 8.016221, "distance_from_trend": 0.127713, "trend_direction": "Improving", "fair_value": 6.585913, "distance_from_fair_value": 0.372627, "fair_value_direction": "Improving", "relative_strength": 7.681161, "relative_strength_direction": "Improving", "price_momentum": 0.04388, "excess_performance": 0.03648, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.127713, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010198, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.372627, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.128405, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.076812, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.243482, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.04388, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.09603, "read": "Demand-led" } ], "volume": { "latest": 501706350, "relative_activity": 1.023641, "balance": 1.09603, "dry_up": 1.318699, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.095138, "annualized_volatility": 0.487443, "from_high_reference": -0.118049, "from_low_reference": 0.339259 }, "levels": { "trend_reference": 8.016221, "fair_value_reference": 6.585913, "structural_low": 6.75, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.003101, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011794, "regime_survival": 0.5, "best_return": 0.189027, "worst_return": -0.020478, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.038217, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": 0.003508, "regime_survival": 0.2, "best_return": -0.005383, "worst_return": -0.102967, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.09991, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": 0.026747, "regime_survival": 0.0, "best_return": 0.177321, "worst_return": -0.252022, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.124853, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.002128, "regime_survival": 0.333333, "best_return": 0.406923, "worst_return": -0.230199, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": 0.033439, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.104305, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.035153, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.064615, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-28", "tenure": "Established", "return": 0.098202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": 0.066258, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": -0.080831, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.019231, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.01436, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-29", "tenure": "Developing", "return": 0.085173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.084937, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": -0.104508, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.031175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.279066, "volume": 260260662, "typical_volume": 146099524.5, "trend": 5.412272, "fair_value": 6.058406, "relative_strength": 21.808958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.311192, "energy": 78.864543, "activity_lines": [ 5.865847, 5.724811, 5.614277, 5.523619 ] }, { "date": "2023-08-04", "close": 6.536718, "volume": 549295081, "typical_volume": 169895442.5, "trend": 5.464052, "fair_value": 6.054812, "relative_strength": 24.383272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.625799, "energy": 94.174828, "activity_lines": [ 6.133446, 5.885294, 5.712917, 5.596164 ] }, { "date": "2023-08-11", "close": 6.298152, "volume": 326612039, "typical_volume": 183371614.5, "trend": 5.506322, "fair_value": 6.047183, "relative_strength": 23.743302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.81186, "energy": 89.548286, "activity_lines": [ 6.247258, 5.984017, 5.782284, 5.649977 ] }, { "date": "2023-08-18", "close": 6.193182, "volume": 234184231, "typical_volume": 191557696.8, "trend": 5.540106, "fair_value": 6.038769, "relative_strength": 24.793698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.744137, "energy": 87.711233, "activity_lines": [ 6.272704, 6.051138, 5.836507, 5.69429 ] }, { "date": "2023-08-25", "close": 5.973702, "volume": 205210962, "typical_volume": 198186676.4, "trend": 5.556913, "fair_value": 6.028169, "relative_strength": 23.386952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.728184, "energy": 75.274171, "activity_lines": [ 6.192546, 6.068085, 5.865134, 5.722264 ] }, { "date": "2023-09-01", "close": 5.696964, "volume": 463523466, "typical_volume": 216889208.85, "trend": 5.565743, "fair_value": 6.017744, "relative_strength": 13.351428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.577122, "energy": 29.845943, "activity_lines": [ 6.006146, 6.028609, 5.864069, 5.7313 ] }, { "date": "2023-09-08", "close": 5.620623, "volume": 165807329, "typical_volume": 214756094.4, "trend": 5.576079, "fair_value": 6.00566, "relative_strength": 13.296683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.179452, "energy": 20.482372, "activity_lines": [ 5.833106, 5.971116, 5.853581, 5.73484 ] }, { "date": "2023-09-15", "close": 5.591996, "volume": 140033627, "typical_volume": 214668016.45, "trend": 5.587642, "fair_value": 5.993504, "relative_strength": 13.799578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.91869, "energy": 22.900859, "activity_lines": [ 5.711597, 5.904821, 5.838045, 5.735867 ] }, { "date": "2023-09-22", "close": 5.687422, "volume": 121700736, "typical_volume": 204773612.1, "trend": 5.601139, "fair_value": 5.983074, "relative_strength": 14.872717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.135189, "energy": 25.658667, "activity_lines": [ 5.668973, 5.854158, 5.830212, 5.742305 ] }, { "date": "2023-09-29", "close": 5.563367, "volume": 97965650, "typical_volume": 188773314.5, "trend": 5.608944, "fair_value": 5.974298, "relative_strength": 12.65622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.708667, "energy": 20.748962, "activity_lines": [ 5.618715, 5.781287, 5.810729, 5.739868 ] }, { "date": "2023-10-13", "close": 5.467941, "volume": 102790278, "typical_volume": 185182999.75, "trend": 5.62167, "fair_value": 5.963797, "relative_strength": 10.820521, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.239136, "energy": 29.203936, "activity_lines": [ 5.564004, 5.694709, 5.782735, 5.730771 ] }, { "date": "2023-10-20", "close": 5.477483, "volume": 109289050, "typical_volume": 184914430.8, "trend": 5.632221, "fair_value": 5.953803, "relative_strength": 16.240399, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.12174, "energy": 33.973567, "activity_lines": [ 5.527741, 5.624614, 5.755968, 5.721469 ] }, { "date": "2023-10-27", "close": 5.496569, "volume": 142147853, "typical_volume": 185193349.8, "trend": 5.641538, "fair_value": 5.944488, "relative_strength": 13.773266, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.541481, "energy": 32.778997, "activity_lines": [ 5.507384, 5.577248, 5.731248, 5.712717 ] }, { "date": "2023-11-03", "close": 5.372514, "volume": 127800989, "typical_volume": 185485880.25, "trend": 5.647032, "fair_value": 5.933598, "relative_strength": 9.925041, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.933657, "energy": 46.596051, "activity_lines": [ 5.452036, 5.5219, 5.695252, 5.69536 ] }, { "date": "2023-11-10", "close": 5.506111, "volume": 194356790, "typical_volume": 189000592.95, "trend": 5.654798, "fair_value": 5.923175, "relative_strength": 10.911451, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.133167, "energy": 38.548021, "activity_lines": [ 5.462215, 5.505764, 5.673198, 5.686269 ] }, { "date": "2023-11-17", "close": 5.534739, "volume": 140643906, "typical_volume": 193329903.9, "trend": 5.664452, "fair_value": 5.913993, "relative_strength": 11.03901, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.776447, "energy": 27.660515, "activity_lines": [ 5.485753, 5.503335, 5.654498, 5.678523 ] }, { "date": "2023-11-24", "close": 5.439313, "volume": 117007824, "typical_volume": 193859852.1, "trend": 5.674666, "fair_value": 5.906928, "relative_strength": 10.288315, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.034488, "energy": 40.069949, "activity_lines": [ 5.47303, 5.486505, 5.626399, 5.663998 ] }, { "date": "2023-12-01", "close": 5.372514, "volume": 116302832, "typical_volume": 193870120.3, "trend": 5.677043, "fair_value": 5.895426, "relative_strength": 9.918019, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.832298, "energy": 39.338303, "activity_lines": [ 5.440585, 5.460827, 5.591859, 5.644504 ] }, { "date": "2023-12-08", "close": 5.277088, "volume": 105465246, "typical_volume": 192429305.95, "trend": 5.662216, "fair_value": 5.882644, "relative_strength": 9.528558, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.906077, "energy": 68.99471, "activity_lines": [ 5.384602, 5.421789, 5.548826, 5.618701 ] }, { "date": "2023-12-15", "close": 5.315259, "volume": 118369155, "typical_volume": 191938385.3, "trend": 5.649907, "fair_value": 5.868936, "relative_strength": 11.870156, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.456842, "energy": 71.162186, "activity_lines": [ 5.347704, 5.397152, 5.511473, 5.596316 ] }, { "date": "2023-12-22", "close": 5.057607, "volume": 122752876, "typical_volume": 185062996.0, "trend": 5.633996, "fair_value": 5.851072, "relative_strength": 7.958332, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.331171, "energy": 85.227288, "activity_lines": [ 5.237645, 5.33018, 5.451718, 5.558103 ] }, { "date": "2023-12-29", "close": 5.133948, "volume": 99509718, "typical_volume": 162573727.85, "trend": 5.620941, "fair_value": 5.83559, "relative_strength": 5.768618, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.465016, "energy": 81.984728, "activity_lines": [ 5.184842, 5.284548, 5.40505, 5.525842 ] }, { "date": "2024-01-05", "close": 5.057607, "volume": 71451662, "typical_volume": 149815709.0, "trend": 5.602537, "fair_value": 5.822793, "relative_strength": 8.471135, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.132415, "energy": 81.808078, "activity_lines": [ 5.12695, 5.231283, 5.357791, 5.489498 ] }, { "date": "2024-01-12", "close": 4.904924, "volume": 103206152, "typical_volume": 143266805.05, "trend": 5.57842, "fair_value": 5.80846, "relative_strength": 6.230977, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.092436, "energy": 86.983238, "activity_lines": [ 5.039158, 5.158238, 5.301899, 5.444491 ] }, { "date": "2024-01-19", "close": 4.771327, "volume": 110482480, "typical_volume": 138530380.95, "trend": 5.549539, "fair_value": 5.794774, "relative_strength": 5.401293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.88249, "energy": 86.944927, "activity_lines": [ 4.931644, 5.069405, 5.239417, 5.39242 ] }, { "date": "2024-01-26", "close": 4.933552, "volume": 231007756, "typical_volume": 126904595.45, "trend": 5.531674, "fair_value": 5.779623, "relative_strength": 8.818349, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.990701, "energy": 66.419934, "activity_lines": [ 4.914467, 5.023427, 5.198111, 5.352679 ] }, { "date": "2024-02-02", "close": 4.513675, "volume": 169229740, "typical_volume": 127075716.0, "trend": 5.501372, "fair_value": 5.760666, "relative_strength": 7.873157, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.1132, "energy": 72.394932, "activity_lines": [ 4.765601, 4.912038, 5.120452, 5.287002 ] }, { "date": "2024-02-09", "close": 5.095778, "volume": 398088388, "typical_volume": 139978454.05, "trend": 5.48798, "fair_value": 5.747334, "relative_strength": 10.704174, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.746404, "energy": 48.746582, "activity_lines": [ 4.852122, 4.923316, 5.103502, 5.260834 ] }, { "date": "2024-02-23", "close": 5.162576, "volume": 355555449, "typical_volume": 151671189.7, "trend": 5.469849, "fair_value": 5.735711, "relative_strength": 8.574899, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.745577, "energy": 32.053556, "activity_lines": [ 4.958363, 4.95177, 5.095278, 5.239841 ] }, { "date": "2024-03-01", "close": 5.229374, "volume": 386225541, "typical_volume": 166084184.25, "trend": 5.452036, "fair_value": 5.726186, "relative_strength": 5.309459, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.445069, "energy": 20.729404, "activity_lines": [ 5.069694, 4.994452, 5.095914, 5.224326 ] }, { "date": "2024-03-08", "close": 5.067149, "volume": 182940799, "typical_volume": 170091710.3, "trend": 5.411639, "fair_value": 5.71952, "relative_strength": 2.411282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.35928, "energy": 21.34439, "activity_lines": [ 5.096413, 5.009199, 5.08269, 5.199495 ] }, { "date": "2024-03-15", "close": 5.114863, "volume": 157244087, "typical_volume": 172489462.15, "trend": 5.364244, "fair_value": 5.712715, "relative_strength": 0.453306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.549106, "energy": 19.073267, "activity_lines": [ 5.130131, 5.032449, 5.07592, 5.180348 ] }, { "date": "2024-03-22", "close": 5.028979, "volume": 166212349, "typical_volume": 173692686.95, "trend": 5.321938, "fair_value": 5.703855, "relative_strength": -1.038056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.865818, "energy": 15.578893, "activity_lines": [ 5.095141, 5.04043, 5.062696, 5.158718 ] }, { "date": "2024-03-29", "close": 4.895382, "volume": 111278956, "typical_volume": 172866585.3, "trend": 5.278678, "fair_value": 5.694862, "relative_strength": -2.202679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.20601, "energy": 24.630334, "activity_lines": [ 5.020072, 5.024641, 5.038976, 5.131198 ] }, { "date": "2024-04-05", "close": 5.277088, "volume": 518524857, "typical_volume": 189074988.65, "trend": 5.255458, "fair_value": 5.687871, "relative_strength": 3.442989, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.896352, "energy": 5.87557, "activity_lines": [ 5.090052, 5.078427, 5.053881, 5.131095 ] }, { "date": "2024-04-12", "close": 4.952638, "volume": 352487699, "typical_volume": 199667178.3, "trend": 5.230647, "fair_value": 5.679914, "relative_strength": 0.079703, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.993006, "energy": 17.408871, "activity_lines": [ 5.048701, 5.064027, 5.038976, 5.111559 ] }, { "date": "2024-04-19", "close": 5.162576, "volume": 402819562, "typical_volume": 213957765.2, "trend": 5.215379, "fair_value": 5.673971, "relative_strength": 3.317266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.963961, "energy": 10.583253, "activity_lines": [ 5.084963, 5.087449, 5.046837, 5.107167 ] }, { "date": "2024-04-26", "close": 5.458398, "volume": 303656902, "typical_volume": 223325468.7, "trend": 5.210925, "fair_value": 5.669145, "relative_strength": 6.604903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.344047, "energy": 15.841247, "activity_lines": [ 5.216651, 5.15286, 5.08419, 5.122846 ] }, { "date": "2024-05-03", "close": 5.410685, "volume": 218213871, "typical_volume": 228962899.95, "trend": 5.201701, "fair_value": 5.664068, "relative_strength": 3.886267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.022884, "energy": 28.273116, "activity_lines": [ 5.303807, 5.203002, 5.116589, 5.135733 ] }, { "date": "2024-05-10", "close": 5.343886, "volume": 257865796, "typical_volume": 235937732.0, "trend": 5.194385, "fair_value": 5.658007, "relative_strength": 0.792947, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.658414, "energy": 34.201269, "activity_lines": [ 5.334344, 5.236488, 5.141991, 5.144907 ] }, { "date": "2024-05-17", "close": 5.334344, "volume": 480021945, "typical_volume": 253801185.45, "trend": 5.189932, "fair_value": 5.651828, "relative_strength": 0.705292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.556703, "energy": 42.755696, "activity_lines": [ 5.357246, 5.266157, 5.166348, 5.153936 ] }, { "date": "2024-05-24", "close": 5.487026, "volume": 506655501, "typical_volume": 274158474.6, "trend": 5.19025, "fair_value": 5.646295, "relative_strength": 6.471907, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.898071, "energy": 42.752946, "activity_lines": [ 5.405595, 5.318728, 5.203927, 5.173104 ] }, { "date": "2024-05-31", "close": 5.267545, "volume": 281146257, "typical_volume": 284643204.35, "trend": 5.182615, "fair_value": 5.639744, "relative_strength": 2.640983, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.822996, "energy": 23.889012, "activity_lines": [ 5.359155, 5.324628, 5.218923, 5.17809 ] }, { "date": "2024-06-07", "close": 4.96218, "volume": 225633881, "typical_volume": 290764590.8, "trend": 5.168938, "fair_value": 5.631903, "relative_strength": -2.275299, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -7.209524, "energy": 5.338874, "activity_lines": [ 5.223649, 5.270668, 5.203837, 5.163869 ] }, { "date": "2024-06-14", "close": 4.866754, "volume": 245543931, "typical_volume": 297517663.35, "trend": 5.147626, "fair_value": 5.621113, "relative_strength": -4.172635, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.161992, "energy": 16.082846, "activity_lines": [ 5.086235, 5.198144, 5.179389, 5.144373 ] }, { "date": "2024-06-21", "close": 4.857211, "volume": 179366318, "typical_volume": 294935591.45, "trend": 5.125042, "fair_value": 5.611319, "relative_strength": -2.432424, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.535219, "energy": 25.608758, "activity_lines": [ 4.977448, 5.131345, 5.153579, 5.125637 ] }, { "date": "2024-06-28", "close": 4.723142, "volume": 157162107, "typical_volume": 294332209.8, "trend": 5.101169, "fair_value": 5.597714, "relative_strength": -2.927505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.533824, "energy": 44.907862, "activity_lines": [ 4.855781, 5.041906, 5.115363, 5.099708 ] }, { "date": "2024-07-05", "close": 4.693806, "volume": 123285795, "typical_volume": 280592080.15, "trend": 5.078546, "fair_value": 5.585369, "relative_strength": -1.986319, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.770461, "energy": 70.610803, "activity_lines": [ 4.775261, 4.955122, 5.073356, 5.073426 ] }, { "date": "2024-07-12", "close": 4.713363, "volume": 126631385, "typical_volume": 269145876.95, "trend": 5.059755, "fair_value": 5.574598, "relative_strength": -3.476838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.035314, "energy": 69.902574, "activity_lines": [ 4.739509, 4.885796, 5.035126, 5.049866 ] }, { "date": "2024-07-19", "close": 4.811151, "volume": 117021228, "typical_volume": 255685661.3, "trend": 5.042951, "fair_value": 5.564898, "relative_strength": -2.139295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.806958, "energy": 64.154262, "activity_lines": [ 4.752941, 4.846927, 5.008348, 5.033827 ] }, { "date": "2024-07-26", "close": 4.830708, "volume": 133814286, "typical_volume": 253229335.65, "trend": 5.035388, "fair_value": 5.554768, "relative_strength": 1.590651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.649723, "energy": 50.900264, "activity_lines": [ 4.776599, 4.821301, 4.985424, 5.020134 ] }, { "date": "2024-08-02", "close": 4.938275, "volume": 205664810, "typical_volume": 255650371.8, "trend": 5.028865, "fair_value": 5.546997, "relative_strength": 4.222403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.256194, "energy": 27.738204, "activity_lines": [ 4.837879, 4.82439, 4.973871, 5.013869 ] }, { "date": "2024-08-09", "close": 4.908938, "volume": 133960519, "typical_volume": 254037780.3, "trend": 5.02391, "fair_value": 5.538983, "relative_strength": 5.506033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.187, "energy": 20.389096, "activity_lines": [ 4.875039, 4.832121, 4.960364, 5.006131 ] }, { "date": "2024-08-16", "close": 4.899159, "volume": 119293596, "typical_volume": 254438512.3, "trend": 5.023718, "fair_value": 5.530237, "relative_strength": 5.829939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.907059, "energy": 19.394789, "activity_lines": [ 4.894596, 4.844595, 4.946498, 4.998083 ] }, { "date": "2024-08-23", "close": 4.732921, "volume": 103166768, "typical_volume": 233670607.85, "trend": 5.022437, "fair_value": 5.519459, "relative_strength": 4.352865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.548184, "energy": 23.303868, "activity_lines": [ 4.846354, 4.82799, 4.916781, 4.979322 ] }, { "date": "2024-08-30", "close": 4.840487, "volume": 136124108, "typical_volume": 222852428.3, "trend": 5.019335, "fair_value": 5.511248, "relative_strength": 4.640128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.360387, "energy": 22.187679, "activity_lines": [ 4.839183, 4.833375, 4.899901, 4.967583 ] }, { "date": "2024-09-06", "close": 4.791593, "volume": 132198786, "typical_volume": 209321389.5, "trend": 5.028599, "fair_value": 5.502666, "relative_strength": 6.358039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.214053, "energy": 31.255262, "activity_lines": [ 4.815062, 4.830175, 4.878897, 4.95289 ] }, { "date": "2024-09-13", "close": 4.908938, "volume": 318767939, "typical_volume": 210076941.35, "trend": 5.022371, "fair_value": 5.494154, "relative_strength": 10.70143, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.172947, "energy": 27.525068, "activity_lines": [ 4.839835, 4.847065, 4.870836, 4.94517 ] }, { "date": "2024-09-20", "close": 4.879601, "volume": 126057039, "typical_volume": 205469099.75, "trend": 5.012939, "fair_value": 5.482838, "relative_strength": 8.575144, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.572433, "energy": 17.858857, "activity_lines": [ 4.854829, 4.85471, 4.862598, 4.935959 ] }, { "date": "2024-09-27", "close": 6.414867, "volume": 842802947, "typical_volume": 234715957.3, "trend": 5.052455, "fair_value": 5.481534, "relative_strength": 20.625757, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.251311, "energy": 63.899824, "activity_lines": [ 5.382882, 5.138472, 5.003104, 5.026406 ] }, { "date": "2024-10-04", "close": 7.060266, "volume": 287117452, "typical_volume": 225070732.65, "trend": 5.118892, "fair_value": 5.48158, "relative_strength": 19.506281, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.185692, "energy": 96.51911, "activity_lines": [ 6.013938, 5.510421, 5.199977, 5.155942 ] }, { "date": "2024-10-11", "close": 6.463761, "volume": 1234196120, "typical_volume": 261447763.6, "trend": 5.163856, "fair_value": 5.474505, "relative_strength": 14.149421, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.221775, "energy": 89.410448, "activity_lines": [ 6.298174, 5.733376, 5.331821, 5.242708 ] }, { "date": "2024-10-18", "close": 6.639779, "volume": 714040709, "typical_volume": 283092486.2, "trend": 5.217549, "fair_value": 5.471173, "relative_strength": 13.516314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.989993, "energy": 89.683171, "activity_lines": [ 6.529605, 5.960599, 5.475778, 5.337929 ] }, { "date": "2024-10-25", "close": 6.63, "volume": 573475411, "typical_volume": 300484562.7, "trend": 5.27537, "fair_value": 5.468632, "relative_strength": 10.35562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.561083, "energy": 87.087006, "activity_lines": [ 6.642387, 6.154574, 5.612269, 5.429055 ] }, { "date": "2024-11-01", "close": 6.815796, "volume": 736727626, "typical_volume": 325043747.45, "trend": 5.32666, "fair_value": 5.468818, "relative_strength": 14.882573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.0649, "energy": 66.642092, "activity_lines": [ 6.700407, 6.350861, 5.758513, 5.528437 ] }, { "date": "2024-11-08", "close": 7.451416, "volume": 889919221, "typical_volume": 360571392.6, "trend": 5.409952, "fair_value": 5.472566, "relative_strength": 17.163801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.281769, "energy": 69.64059, "activity_lines": [ 6.943572, 6.624844, 5.956011, 5.665518 ] }, { "date": "2024-11-15", "close": 6.835354, "volume": 460876064, "typical_volume": 375757090.45, "trend": 5.465712, "fair_value": 5.474355, "relative_strength": 11.287918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.085346, "energy": 58.485818, "activity_lines": [ 6.955307, 6.739344, 6.082483, 5.757479 ] }, { "date": "2024-11-22", "close": 6.561549, "volume": 313611025, "typical_volume": 385273351.95, "trend": 5.502483, "fair_value": 5.474219, "relative_strength": 9.731939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.097765, "energy": 52.300988, "activity_lines": [ 6.851, 6.766903, 6.17282, 5.828179 ] }, { "date": "2024-11-29", "close": 6.825575, "volume": 274752442, "typical_volume": 392679404.8, "trend": 5.549646, "fair_value": 5.476799, "relative_strength": 11.946685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.161089, "energy": 47.272092, "activity_lines": [ 6.839917, 6.812418, 6.279408, 5.913539 ] }, { "date": "2024-12-06", "close": 6.991815, "volume": 260329974, "typical_volume": 399844842.1, "trend": 5.604577, "fair_value": 5.481127, "relative_strength": 12.406263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.921835, "energy": 42.386838, "activity_lines": [ 6.87121, 6.852778, 6.391771, 6.006582 ] }, { "date": "2024-12-13", "close": 6.903805, "volume": 346862605, "typical_volume": 410497258.05, "trend": 5.656893, "fair_value": 5.483639, "relative_strength": 11.459823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.380464, "energy": 34.749557, "activity_lines": [ 6.861431, 6.866646, 6.485368, 6.090404 ] }, { "date": "2024-12-20", "close": 6.894027, "volume": 260029180, "typical_volume": 413215476.55, "trend": 5.703793, "fair_value": 5.48626, "relative_strength": 11.694994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.152674, "energy": 37.605682, "activity_lines": [ 6.8849, 6.881581, 6.568161, 6.170219 ] }, { "date": "2024-12-27", "close": 6.962478, "volume": 307315688, "typical_volume": 421883235.0, "trend": 5.76029, "fair_value": 5.489717, "relative_strength": 12.272807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.436766, "energy": 40.834129, "activity_lines": [ 6.927275, 6.901139, 6.648161, 6.251424 ] }, { "date": "2025-01-03", "close": 6.170398, "volume": 296041400, "typical_volume": 430720625.2, "trend": 5.800564, "fair_value": 5.487528, "relative_strength": 6.87126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.295654, "energy": 22.379998, "activity_lines": [ 6.678894, 6.770814, 6.642945, 6.277883 ] }, { "date": "2025-01-10", "close": 6.141062, "volume": 234275847, "typical_volume": 437276079.15, "trend": 5.843041, "fair_value": 5.484412, "relative_strength": 7.20688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.518143, "energy": 18.096145, "activity_lines": [ 6.464413, 6.643513, 6.628882, 6.29985 ] }, { "date": "2025-01-17", "close": 6.287743, "volume": 206203292, "typical_volume": 440780038.35, "trend": 5.890726, "fair_value": 5.48235, "relative_strength": 5.565109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.597755, "energy": 18.670472, "activity_lines": [ 6.355543, 6.555148, 6.622084, 6.328541 ] }, { "date": "2025-01-24", "close": 6.434425, "volume": 188382328, "typical_volume": 443589215.45, "trend": 5.947769, "fair_value": 5.481513, "relative_strength": 6.361893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.137282, "energy": 20.628211, "activity_lines": [ 6.336637, 6.514611, 6.622363, 6.363618 ] }, { "date": "2025-01-31", "close": 6.219292, "volume": 50294216, "typical_volume": 430165529.3, "trend": 5.998618, "fair_value": 5.4785, "relative_strength": 4.021174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.868123, "energy": 17.181888, "activity_lines": [ 6.276661, 6.442248, 6.594331, 6.381136 ] }, { "date": "2025-02-07", "close": 6.424646, "volume": 150792730, "typical_volume": 431402313.85, "trend": 6.055661, "fair_value": 5.476406, "relative_strength": 3.030444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.748639, "energy": 12.738292, "activity_lines": [ 6.334681, 6.413445, 6.579616, 6.408622 ] }, { "date": "2025-02-14", "close": 6.493097, "volume": 223742311, "typical_volume": 400449282.05, "trend": 6.111726, "fair_value": 5.476683, "relative_strength": 2.360006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.794405, "energy": 8.179138, "activity_lines": [ 6.398569, 6.404377, 6.564063, 6.436843 ] }, { "date": "2025-02-21", "close": 6.512655, "volume": 232046519, "typical_volume": 397695735.4, "trend": 6.167791, "fair_value": 5.476859, "relative_strength": 0.332521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.78443, "energy": 11.29304, "activity_lines": [ 6.445507, 6.407933, 6.55, 6.46271 ] }, { "date": "2025-02-28", "close": 6.287743, "volume": 258990396, "typical_volume": 348935449.2, "trend": 6.212773, "fair_value": 5.477413, "relative_strength": 0.212752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.84, "energy": 9.940064, "activity_lines": [ 6.402481, 6.377708, 6.517125, 6.470448 ] }, { "date": "2025-03-07", "close": 6.307301, "volume": 197230447, "typical_volume": 323094936.1, "trend": 6.259385, "fair_value": 5.476955, "relative_strength": -1.761192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.270607, "energy": 8.580198, "activity_lines": [ 6.375752, 6.362062, 6.486951, 6.476547 ] }, { "date": "2025-03-14", "close": 6.483319, "volume": 197980022, "typical_volume": 304320166.65, "trend": 6.31219, "fair_value": 5.478251, "relative_strength": -0.446482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.376123, "energy": 7.257502, "activity_lines": [ 6.401829, 6.390331, 6.475123, 6.490994 ] }, { "date": "2025-03-21", "close": 6.336637, "volume": 267904128, "typical_volume": 280878991.75, "trend": 6.365647, "fair_value": 5.479971, "relative_strength": -0.268937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.777696, "energy": 7.714022, "activity_lines": [ 6.3751, 6.386242, 6.450024, 6.492572 ] }, { "date": "2025-03-28", "close": 6.346416, "volume": 136692987, "typical_volume": 243217680.05, "trend": 6.415845, "fair_value": 5.481868, "relative_strength": 0.388483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.134996, "energy": 13.114333, "activity_lines": [ 6.362062, 6.380375, 6.428138, 6.491331 ] }, { "date": "2025-04-04", "close": 6.346416, "volume": 131084659, "typical_volume": 226728109.8, "trend": 6.467673, "fair_value": 5.486552, "relative_strength": 2.531865, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.679204, "energy": 17.182363, "activity_lines": [ 6.360106, 6.373441, 6.411515, 6.486852 ] }, { "date": "2025-04-11", "close": 5.906372, "volume": 251262260, "typical_volume": 223610671.55, "trend": 6.50092, "fair_value": 5.488528, "relative_strength": 0.371079, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.947365, "energy": 58.78694, "activity_lines": [ 6.207558, 6.288099, 6.35531, 6.450639 ] }, { "date": "2025-04-18", "close": 5.965044, "volume": 118795760, "typical_volume": 215812837.45, "trend": 6.537102, "fair_value": 5.491904, "relative_strength": 1.740345, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.824001, "energy": 66.256956, "activity_lines": [ 6.101295, 6.219114, 6.307813, 6.416066 ] }, { "date": "2025-04-25", "close": 6.043274, "volume": 102605421, "typical_volume": 207926609.8, "trend": 6.524715, "fair_value": 5.494417, "relative_strength": 1.560945, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.608138, "energy": 67.841259, "activity_lines": [ 6.055661, 6.17271, 6.271864, 6.384206 ] }, { "date": "2025-05-02", "close": 6.277965, "volume": 186983517, "typical_volume": 199932655.4, "trend": 6.498639, "fair_value": 5.498889, "relative_strength": 5.452955, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.957712, "energy": 58.286167, "activity_lines": [ 6.107814, 6.177155, 6.262784, 6.368287 ] }, { "date": "2025-05-09", "close": 6.346416, "volume": 300202459, "typical_volume": 201941319.35, "trend": 6.494727, "fair_value": 5.504312, "relative_strength": 3.955278, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.158035, "energy": 29.879906, "activity_lines": [ 6.187348, 6.198312, 6.263203, 6.358466 ] }, { "date": "2025-05-16", "close": 6.522434, "volume": 309006889, "typical_volume": 202025879.4, "trend": 6.490816, "fair_value": 5.51183, "relative_strength": 5.975871, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.000367, "energy": 13.393147, "activity_lines": [ 6.325555, 6.250406, 6.282994, 6.360253 ] }, { "date": "2025-05-23", "close": 6.385531, "volume": 145558469, "typical_volume": 194501732.85, "trend": 6.482667, "fair_value": 5.5212, "relative_strength": 4.075771, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.686232, "energy": 19.864971, "activity_lines": [ 6.377056, 6.273698, 6.291841, 6.353461 ] }, { "date": "2025-05-30", "close": 6.405089, "volume": 129102981, "typical_volume": 189243089.55, "trend": 6.468976, "fair_value": 5.531776, "relative_strength": 5.097106, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.83958, "energy": 17.05504, "activity_lines": [ 6.407045, 6.302323, 6.301527, 6.348456 ] }, { "date": "2025-06-06", "close": 6.532212, "volume": 131167353, "typical_volume": 185491292.6, "trend": 6.438336, "fair_value": 5.5422, "relative_strength": 5.325741, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.380688, "energy": 21.834119, "activity_lines": [ 6.455286, 6.352817, 6.322062, 6.352536 ] }, { "date": "2025-06-13", "close": 6.61, "volume": 217347760, "typical_volume": 186939564.2, "trend": 6.430825, "fair_value": 5.552667, "relative_strength": 6.800139, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.303889, "energy": 32.428014, "activity_lines": [ 6.512507, 6.414076, 6.348842, 6.363611 ] }, { "date": "2025-06-20", "close": 6.5, "volume": 178071820, "typical_volume": 193328444.4, "trend": 6.428773, "fair_value": 5.562259, "relative_strength": 5.87274, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.230724, "energy": 29.881239, "activity_lines": [ 6.51549, 6.450542, 6.364309, 6.368074 ] }, { "date": "2025-06-27", "close": 7.03, "volume": 541491253, "typical_volume": 212863370.55, "trend": 6.435587, "fair_value": 5.575021, "relative_strength": 9.889931, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.430994, "energy": 56.982034, "activity_lines": [ 6.696634, 6.572579, 6.428916, 6.406862 ] }, { "date": "2025-07-04", "close": 6.92, "volume": 286088475, "typical_volume": 215980678.75, "trend": 6.433193, "fair_value": 5.585031, "relative_strength": 6.435984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.969487, "energy": 68.156635, "activity_lines": [ 6.798147, 6.655253, 6.480164, 6.438115 ] }, { "date": "2025-07-11", "close": 7.23, "volume": 354130892, "typical_volume": 222084897.4, "trend": 6.444066, "fair_value": 5.5968, "relative_strength": 8.770814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.668383, "energy": 82.201958, "activity_lines": [ 6.968667, 6.778351, 6.558903, 6.489522 ] }, { "date": "2025-07-18", "close": 7.1, "volume": 331973243, "typical_volume": 225734039.75, "trend": 6.450932, "fair_value": 5.608305, "relative_strength": 4.328322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.594839, "energy": 79.836926, "activity_lines": [ 7.049333, 6.860502, 6.621845, 6.53184 ] }, { "date": "2025-07-25", "close": 7.65, "volume": 556075290, "typical_volume": 243676281.9, "trend": 6.47385, "fair_value": 5.624017, "relative_strength": 9.435077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.667924, "energy": 87.905669, "activity_lines": [ 7.280667, 7.028952, 6.7333, 6.609199 ] }, { "date": "2025-08-01", "close": 7.36, "volume": 419526055, "typical_volume": 254753583.55, "trend": 6.513503, "fair_value": 5.637634, "relative_strength": 6.677861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.004041, "energy": 80.756225, "activity_lines": [ 7.338667, 7.124173, 6.810742, 6.66637 ] }, { "date": "2025-08-08", "close": 7.46, "volume": 322279561, "typical_volume": 257472355.2, "trend": 6.557468, "fair_value": 5.653091, "relative_strength": 6.513763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.020375, "energy": 76.533673, "activity_lines": [ 7.408, 7.219858, 6.893534, 6.727435 ] }, { "date": "2025-08-15", "close": 8.13, "volume": 708145954, "typical_volume": 286045003.55, "trend": 6.618876, "fair_value": 5.672423, "relative_strength": 10.652787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.321959, "energy": 91.415522, "activity_lines": [ 7.664667, 7.418182, 7.034785, 6.828888 ] }, { "date": "2025-08-22", "close": 8.23, "volume": 603149655, "typical_volume": 309648253.35, "trend": 6.678729, "fair_value": 5.692636, "relative_strength": 6.802514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.900771, "energy": 90.696628, "activity_lines": [ 7.894667, 7.605636, 7.177067, 6.932832 ] }, { "date": "2025-08-29", "close": 8.55, "volume": 775962750, "typical_volume": 335883277.85, "trend": 6.756419, "fair_value": 5.715739, "relative_strength": 6.021223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.577675, "energy": 91.784787, "activity_lines": [ 8.156, 7.821818, 7.340856, 7.053559 ] }, { "date": "2025-09-05", "close": 7.89, "volume": 580900398, "typical_volume": 358988509.75, "trend": 6.805264, "fair_value": 5.733413, "relative_strength": -1.453778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.912283, "energy": 71.731388, "activity_lines": [ 8.137333, 7.880727, 7.429199, 7.126693 ] }, { "date": "2025-09-12", "close": 8.36, "volume": 561901243, "typical_volume": 381953300.85, "trend": 6.867494, "fair_value": 5.7538, "relative_strength": 1.623298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.564066, "energy": 63.209137, "activity_lines": [ 8.24, 8.009455, 7.553138, 7.226999 ] }, { "date": "2025-09-19", "close": 7.92, "volume": 431142693, "typical_volume": 394161259.65, "trend": 6.914406, "fair_value": 5.771066, "relative_strength": -4.81081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.264177, "energy": 52.828382, "activity_lines": [ 8.136, 8.032, 7.624139, 7.294902 ] }, { "date": "2025-09-26", "close": 7.97, "volume": 334270387, "typical_volume": 395864656.05, "trend": 6.970481, "fair_value": 5.788174, "relative_strength": -5.008409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.576653, "energy": 43.449992, "activity_lines": [ 8.062667, 8.051091, 7.692084, 7.363005 ] }, { "date": "2025-10-03", "close": 8.3, "volume": 268801901, "typical_volume": 393854406.65, "trend": 7.036904, "fair_value": 5.806858, "relative_strength": -3.23064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.486154, "energy": 45.67799, "activity_lines": [ 8.116667, 8.114364, 7.783725, 7.448781 ] }, { "date": "2025-10-10", "close": 8.54, "volume": 247812909, "typical_volume": 398967128.65, "trend": 7.10546, "fair_value": 5.829657, "relative_strength": 0.852298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.357957, "energy": 47.93862, "activity_lines": [ 8.267333, 8.209455, 7.88976, 7.545755 ] }, { "date": "2025-10-17", "close": 8.21, "volume": 484547502, "typical_volume": 416739354.7, "trend": 7.167906, "fair_value": 5.849742, "relative_strength": 2.029234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.984852, "energy": 42.601162, "activity_lines": [ 8.264667, 8.223091, 7.954106, 7.617015 ] }, { "date": "2025-10-24", "close": 8.45, "volume": 434803820, "typical_volume": 431921178.05, "trend": 7.238025, "fair_value": 5.872683, "relative_strength": 0.233578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.297737, "energy": 46.907802, "activity_lines": [ 8.352, 8.266727, 8.032714, 7.699731 ] }, { "date": "2025-10-31", "close": 8.82, "volume": 804656766, "typical_volume": 461286628.35, "trend": 7.320478, "fair_value": 5.896798, "relative_strength": 3.902963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.749818, "energy": 52.675333, "activity_lines": [ 8.527333, 8.371818, 8.137429, 7.801794 ] }, { "date": "2025-11-07", "close": 8.85, "volume": 587137482, "typical_volume": 481739911.45, "trend": 7.418599, "fair_value": 5.920985, "relative_strength": 4.078471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.035612, "energy": 50.741971, "activity_lines": [ 8.656, 8.471636, 8.234476, 7.900473 ] }, { "date": "2025-11-14", "close": 8.8, "volume": 528345378, "typical_volume": 481082617.7, "trend": 7.513097, "fair_value": 5.94587, "relative_strength": 4.867641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.170604, "energy": 57.525009, "activity_lines": [ 8.731333, 8.556909, 8.315571, 7.989595 ] }, { "date": "2025-11-21", "close": 8.01, "volume": 418333970, "typical_volume": 487694892.45, "trend": 7.578655, "fair_value": 5.964733, "relative_strength": 0.583448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.796896, "energy": 37.857651, "activity_lines": [ 8.526, 8.482, 8.313, 8.021654 ] }, { "date": "2025-11-28", "close": 7.94, "volume": 368846463, "typical_volume": 488430671.0, "trend": 7.634056, "fair_value": 5.982727, "relative_strength": -3.62798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.178434, "energy": 19.821688, "activity_lines": [ 8.310667, 8.400727, 8.298571, 8.044966 ] }, { "date": "2025-12-05", "close": 8.15, "volume": 330699595, "typical_volume": 488366988.6, "trend": 7.694176, "fair_value": 6.001288, "relative_strength": -2.22694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.108595, "energy": 19.533728, "activity_lines": [ 8.199333, 8.357273, 8.300762, 8.078253 ] }, { "date": "2025-12-12", "close": 8.09, "volume": 339812763, "typical_volume": 477553862.25, "trend": 7.746428, "fair_value": 6.019885, "relative_strength": -3.656644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.012705, "energy": 21.438848, "activity_lines": [ 8.112667, 8.299636, 8.292238, 8.10379 ] }, { "date": "2025-12-19", "close": 8.12, "volume": 270618434, "typical_volume": 470108481.2, "trend": 7.804243, "fair_value": 6.038493, "relative_strength": -2.342396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.762416, "energy": 15.725617, "activity_lines": [ 8.086667, 8.251273, 8.284476, 8.127891 ] }, { "date": "2025-12-26", "close": 8.23, "volume": 259409582, "typical_volume": 466964982.25, "trend": 7.865074, "fair_value": 6.057687, "relative_strength": -4.252974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.922497, "energy": 10.247436, "activity_lines": [ 8.142667, 8.230545, 8.283571, 8.15536 ] }, { "date": "2026-01-02", "close": 8.15, "volume": 146320500, "typical_volume": 438873709.55, "trend": 7.919, "fair_value": 6.076848, "relative_strength": -4.570164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.587488, "energy": 8.323836, "activity_lines": [ 8.157333, 8.194909, 8.271381, 8.173742 ] }, { "date": "2026-01-09", "close": 8.64, "volume": 643323859, "typical_volume": 440882419.75, "trend": 7.986667, "fair_value": 6.100288, "relative_strength": -3.052319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.79636, "energy": 21.880137, "activity_lines": [ 8.321333, 8.253818, 8.305762, 8.220258 ] }, { "date": "2026-01-16", "close": 8.51, "volume": 516417414, "typical_volume": 427905152.95, "trend": 8.053667, "fair_value": 6.122895, "relative_strength": -5.521144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.406815, "energy": 24.58304, "activity_lines": [ 8.409333, 8.292364, 8.32581, 8.254022 ] }, { "date": "2026-01-23", "close": 8.69, "volume": 278247082, "typical_volume": 412772487.15, "trend": 8.109, "fair_value": 6.146356, "relative_strength": -4.514387, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.320832, "energy": 45.272737, "activity_lines": [ 8.529333, 8.369818, 8.36319, 8.295075 ] }, { "date": "2026-01-30", "close": 8.66, "volume": 513061292, "typical_volume": 410330489.6, "trend": 8.167, "fair_value": 6.168666, "relative_strength": -3.269989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.060583, "energy": 54.511283, "activity_lines": [ 8.601333, 8.443818, 8.393905, 8.330624 ] }, { "date": "2026-02-06", "close": 7.96, "volume": 467021470, "typical_volume": 412124428.45, "trend": 8.191333, "fair_value": 6.184631, "relative_strength": -9.078817, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.672573, "energy": 17.36253, "activity_lines": [ 8.411333, 8.378727, 8.356524, 8.317269 ] }, { "date": "2026-02-13", "close": 7.8, "volume": 227240849, "typical_volume": 406772951.55, "trend": 8.214667, "fair_value": 6.19981, "relative_strength": -11.992056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.498046, "energy": 13.618899, "activity_lines": [ 8.180667, 8.284182, 8.303714, 8.292022 ] }, { "date": "2026-02-27", "close": 7.95, "volume": 177828082, "typical_volume": 402224260.6, "trend": 8.224667, "fair_value": 6.216729, "relative_strength": -12.625575, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.054083, "energy": 30.994638, "activity_lines": [ 8.056, 8.223273, 8.266, 8.274946 ] }, { "date": "2026-03-06", "close": 7.66, "volume": 282523922, "typical_volume": 403959811.25, "trend": 8.234667, "fair_value": 6.23221, "relative_strength": -13.759776, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.35845, "energy": 53.800784, "activity_lines": [ 7.872, 8.112182, 8.202333, 8.238516 ] }, { "date": "2026-03-13", "close": 7.55, "volume": 236131592, "typical_volume": 391539015.75, "trend": 8.237667, "fair_value": 6.246745, "relative_strength": -15.504601, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.57694, "energy": 76.450326, "activity_lines": [ 7.72, 7.989455, 8.132381, 8.194344 ] }, { "date": "2026-03-20", "close": 7.2, "volume": 290507989, "typical_volume": 384324224.2, "trend": 8.206667, "fair_value": 6.258737, "relative_strength": -16.830141, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.441251, "energy": 84.46455, "activity_lines": [ 7.525333, 7.815455, 8.032238, 8.127398 ] }, { "date": "2026-03-27", "close": 6.91, "volume": 262432674, "typical_volume": 357213019.6, "trend": 8.162667, "fair_value": 6.270428, "relative_strength": -19.340722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.498906, "energy": 90.256775, "activity_lines": [ 7.284667, 7.606, 7.910429, 8.043742 ] }, { "date": "2026-04-03", "close": 6.8, "volume": 175742229, "typical_volume": 336643256.95, "trend": 8.104333, "fair_value": 6.280935, "relative_strength": -17.976939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.903111, "energy": 92.672281, "activity_lines": [ 7.066667, 7.408, 7.787238, 7.955828 ] }, { "date": "2026-04-10", "close": 7.26, "volume": 235097857, "typical_volume": 321980880.9, "trend": 8.083333, "fair_value": 6.294031, "relative_strength": -18.016008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.680845, "energy": 80.530304, "activity_lines": [ 7.078667, 7.324727, 7.717619, 7.901355 ] }, { "date": "2026-04-17", "close": 7.015584, "volume": 191566145, "typical_volume": 310642489.65, "trend": 8.038519, "fair_value": 6.30562, "relative_strength": -23.534261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.952001, "energy": 78.642696, "activity_lines": [ 7.035861, 7.223015, 7.632056, 7.832468 ] }, { "date": "2026-04-24", "close": 6.861818, "volume": 174300816, "typical_volume": 300915207.3, "trend": 8.003247, "fair_value": 6.315804, "relative_strength": -25.133307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.50992, "energy": 71.364359, "activity_lines": [ 6.977428, 7.123244, 7.536583, 7.756552 ] }, { "date": "2026-05-01", "close": 7.678701, "volume": 471927219, "typical_volume": 307976588.5, "trend": 7.993537, "fair_value": 6.331404, "relative_strength": -16.884651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.075935, "energy": 38.246692, "activity_lines": [ 7.213835, 7.191964, 7.524043, 7.735613 ] }, { "date": "2026-05-08", "close": 7.89974, "volume": 868388411, "typical_volume": 334405370.9, "trend": 7.980195, "fair_value": 6.34914, "relative_strength": -16.667032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.081944, "energy": 18.932919, "activity_lines": [ 7.472675, 7.303079, 7.534799, 7.729562 ] }, { "date": "2026-05-15", "close": 8.130389, "volume": 1302706640, "typical_volume": 386009781.2, "trend": 7.966541, "fair_value": 6.367276, "relative_strength": -13.93737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.954594, "energy": 19.040184, "activity_lines": [ 7.735082, 7.457043, 7.568427, 7.739252 ] }, { "date": "2026-05-22", "close": 7.90935, "volume": 597056310, "typical_volume": 402892117.6, "trend": 7.956519, "fair_value": 6.381298, "relative_strength": -16.114887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.305578, "energy": 27.137947, "activity_lines": [ 7.865783, 7.562266, 7.580955, 7.735562 ] }, { "date": "2026-05-29", "close": 7.813247, "volume": 477216288, "typical_volume": 419436907.0, "trend": 7.935294, "fair_value": 6.394943, "relative_strength": -16.67541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.023612, "energy": 22.028676, "activity_lines": [ 7.904866, 7.643483, 7.585856, 7.726319 ] }, { "date": "2026-06-05", "close": 7.207792, "volume": 87807036, "typical_volume": 391661065.85, "trend": 7.881554, "fair_value": 6.405667, "relative_strength": -21.405211, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.978934, "energy": 17.569032, "activity_lines": [ 7.678701, 7.603466, 7.534699, 7.679383 ] }, { "date": "2026-06-12", "close": 7.4, "volume": 139087830, "typical_volume": 372794586.65, "trend": 7.833221, "fair_value": 6.417682, "relative_strength": -17.023563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.13764, "energy": 16.358274, "activity_lines": [ 7.548, 7.592982, 7.508668, 7.648315 ] }, { "date": "2026-06-19", "close": 7.82, "volume": 589400861, "typical_volume": 388352275.6, "trend": 7.800554, "fair_value": 6.431851, "relative_strength": -17.713379, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.525193, "energy": 13.094149, "activity_lines": [ 7.590615, 7.647953, 7.527922, 7.647462 ] }, { "date": "2026-06-26", "close": 9.76, "volume": 430679912, "typical_volume": 384233206.6, "trend": 7.858887, "fair_value": 6.458335, "relative_strength": 4.423264, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.104356, "energy": 39.514756, "activity_lines": [ 8.300589, 8.045469, 7.736081, 7.773878 ] }, { "date": "2026-07-03", "close": 9.98, "volume": 216964815, "typical_volume": 371730373.85, "trend": 7.926887, "fair_value": 6.48617, "relative_strength": 8.173319, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.758943, "energy": 72.794404, "activity_lines": [ 8.960519, 8.433086, 7.959954, 7.910724 ] }, { "date": "2026-07-10", "close": 8.74, "volume": 996731788, "typical_volume": 410204920.8, "trend": 7.946554, "fair_value": 6.507135, "relative_strength": -1.550494, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.62672, "energy": 74.184195, "activity_lines": [ 9.062667, 8.538555, 8.056113, 7.963183 ] }, { "date": "2026-07-17", "close": 8.34, "volume": 854986546, "typical_volume": 444062844.0, "trend": 7.954887, "fair_value": 6.525835, "relative_strength": 3.353789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.632863, "energy": 70.703795, "activity_lines": [ 8.929333, 8.552, 8.109701, 7.988566 ] }, { "date": "2026-07-24", "close": 8.7, "volume": 700960217, "typical_volume": 464984658.75, "trend": 7.974221, "fair_value": 6.546364, "relative_strength": 7.350907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.032133, "energy": 48.432882, "activity_lines": [ 8.853333, 8.622895, 8.195717, 8.036638 ] }, { "date": "2026-07-31", "close": 8.6, "volume": 527625346, "typical_volume": 479559346.45, "trend": 7.986554, "fair_value": 6.564912, "relative_strength": 7.828782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.575832, "energy": 27.546231, "activity_lines": [ 8.685333, 8.665251, 8.267257, 8.077011 ] }, { "date": "2026-08-07", "close": 9.04, "volume": 501706350, "typical_volume": 490119264.5, "trend": 8.016221, "fair_value": 6.585913, "relative_strength": 7.681161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.077686, "energy": 27.242377, "activity_lines": [ 8.741333, 8.775051, 8.375701, 8.144975 ] } ], "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." } } }