{ "ticker": { "uuid": "09156b5a-2b6e-422b-929e-698a345618f2", "symbol": "603993", "name": "CMOC Group Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 77.056, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": 3.176, "architecture_energy": 11.033, "architecture_maturity": 41.263, "architecture_confidence": 51.237, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.6, "rotation_up": 37.44, "upward_expansion": 34.22, "deceleration": 38.54, "rotation_down": 24.96, "downward_expansion": 47.22 }, "activity_lines": [ 19.444667, 18.932, 18.792964, 19.011475 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 20.83, "trend_reference": 19.724048, "distance_from_trend": 0.056071, "trend_direction": "Improving", "fair_value": 10.440801, "distance_from_fair_value": 0.995058, "fair_value_direction": "Weakening", "relative_strength": 18.438149, "relative_strength_direction": "Weakening", "price_momentum": -0.131676, "excess_performance": -0.088472, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056071, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02421, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.995058, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.144041, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.184381, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.051767, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.131676, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.465465, "read": "Demand-led" } ], "volume": { "latest": 1333959096, "relative_activity": 1.23447, "balance": 1.465465, "dry_up": 1.20499, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.099023, "annualized_volatility": 0.499475, "from_high_reference": -0.265937, "from_low_reference": 1.357849 }, "levels": { "trend_reference": 19.724048, "fair_value_reference": 10.440801, "structural_low": 16.091088, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.005051, "positive_rate": 0.473684, "directional_follow_through": 0.473684, "median_excess_return": -0.031008, "regime_survival": 0.526316, "best_return": 0.362676, "worst_return": -0.12165, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.035316, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": 0.01523, "regime_survival": 0.222222, "best_return": 0.52993, "worst_return": -0.25, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.011089, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.042935, "regime_survival": 0.0, "best_return": 1.310383, "worst_return": -0.181366, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.193376, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.191371, "regime_survival": 0.0, "best_return": 1.375368, "worst_return": -0.281467, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-01", "end": "2024-03-15", "tenure": "New", "return": 0.242376, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-05-24", "tenure": "Developing", "return": 0.093583, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-07-12", "tenure": "Developing", "return": 0.069056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-09", "tenure": "New", "return": -0.160523, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-13", "tenure": "Developing", "return": -0.121131, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": 0.169355, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-12-13", "tenure": "Developing", "return": -0.103106, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-03-14", "tenure": "Established", "return": 0.156204, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.009162, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.08852, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.177083, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2026-03-13", "tenure": "Extended", "return": 1.62188, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.103704, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.134604, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.658675, "volume": 468046570, "typical_volume": 589842951.25, "trend": 5.197167, "fair_value": 4.983301, "relative_strength": 13.191373, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.474182, "energy": 46.799017, "activity_lines": [ 5.440191, 5.273311, 5.23948, 5.260661 ] }, { "date": "2023-08-04", "close": 5.724363, "volume": 647979326, "typical_volume": 582726806.2, "trend": 5.24785, "fair_value": 4.996067, "relative_strength": 13.83826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.413402, "energy": 62.664263, "activity_lines": [ 5.576093, 5.37519, 5.281987, 5.294673 ] }, { "date": "2023-08-11", "close": 5.5836, "volume": 319826821, "typical_volume": 558468851.4, "trend": 5.291685, "fair_value": 5.007349, "relative_strength": 14.164225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.772723, "energy": 64.80814, "activity_lines": [ 5.611753, 5.43559, 5.307455, 5.316335 ] }, { "date": "2023-08-18", "close": 5.320843, "volume": 304605234, "typical_volume": 551010139.8, "trend": 5.318754, "fair_value": 5.015902, "relative_strength": 10.518807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 21.279219, "energy": 43.179114, "activity_lines": [ 5.525418, 5.438585, 5.307224, 5.318216 ] }, { "date": "2023-08-25", "close": 5.442838, "volume": 451901528, "typical_volume": 551016302.25, "trend": 5.34219, "fair_value": 5.023145, "relative_strength": 15.21584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 16.165027, "energy": 19.509622, "activity_lines": [ 5.490384, 5.457732, 5.319629, 5.326221 ] }, { "date": "2023-09-01", "close": 5.574216, "volume": 529148780, "typical_volume": 537770909.9, "trend": 5.346598, "fair_value": 5.033612, "relative_strength": 14.971297, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.211793, "energy": 17.933285, "activity_lines": [ 5.499768, 5.496885, 5.344541, 5.341191 ] }, { "date": "2023-09-08", "close": 5.705595, "volume": 510136564, "typical_volume": 499606314.4, "trend": 5.35939, "fair_value": 5.044167, "relative_strength": 17.794416, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.679732, "energy": 30.514723, "activity_lines": [ 5.558576, 5.548282, 5.383623, 5.364352 ] }, { "date": "2023-09-15", "close": 5.958969, "volume": 479453122, "typical_volume": 479594672.55, "trend": 5.378472, "fair_value": 5.057797, "relative_strength": 22.243157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.782375, "energy": 53.361863, "activity_lines": [ 5.703093, 5.631545, 5.448661, 5.403034 ] }, { "date": "2023-09-22", "close": 5.71498, "volume": 370989937, "typical_volume": 475868922.7, "trend": 5.384494, "fair_value": 5.070212, "relative_strength": 16.177509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.124208, "energy": 56.471719, "activity_lines": [ 5.741255, 5.654238, 5.488308, 5.424744 ] }, { "date": "2023-09-29", "close": 5.546063, "volume": 278524937, "typical_volume": 443859132.45, "trend": 5.385192, "fair_value": 5.082647, "relative_strength": 13.055336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.81637, "energy": 48.891005, "activity_lines": [ 5.696837, 5.641953, 5.509379, 5.435168 ] }, { "date": "2023-10-13", "close": 5.424069, "volume": 344105641, "typical_volume": 440313854.55, "trend": 5.385212, "fair_value": 5.093546, "relative_strength": 10.952292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.473607, "energy": 24.834163, "activity_lines": [ 5.604871, 5.605781, 5.51574, 5.437676 ] }, { "date": "2023-10-20", "close": 5.048701, "volume": 364248306, "typical_volume": 441578385.45, "trend": 5.388119, "fair_value": 5.104071, "relative_strength": 6.586052, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.963188, "energy": 12.184081, "activity_lines": [ 5.397793, 5.505626, 5.484017, 5.415966 ] }, { "date": "2023-10-27", "close": 5.095622, "volume": 490751085, "typical_volume": 445599515.45, "trend": 5.376575, "fair_value": 5.115129, "relative_strength": 5.893603, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.508264, "energy": 29.75532, "activity_lines": [ 5.250148, 5.426287, 5.45582, 5.397095 ] }, { "date": "2023-11-03", "close": 5.076853, "volume": 456856687, "typical_volume": 451411143.25, "trend": 5.361325, "fair_value": 5.125138, "relative_strength": 4.571397, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.267873, "energy": 38.2451, "activity_lines": [ 5.153804, 5.352408, 5.425637, 5.377758 ] }, { "date": "2023-11-10", "close": 4.832864, "volume": 565641938, "typical_volume": 445701071.4, "trend": 5.341022, "fair_value": 5.133466, "relative_strength": -1.041478, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.066529, "energy": 61.661168, "activity_lines": [ 5.018671, 5.238603, 5.371799, 5.343664 ] }, { "date": "2023-11-17", "close": 4.926706, "volume": 438585903, "typical_volume": 451332234.1, "trend": 5.307833, "fair_value": 5.14228, "relative_strength": 0.054028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.157636, "energy": 59.378329, "activity_lines": [ 4.962366, 5.152951, 5.328787, 5.316934 ] }, { "date": "2023-11-24", "close": 4.954859, "volume": 377467173, "typical_volume": 451488855.2, "trend": 5.270038, "fair_value": 5.1511, "relative_strength": 0.794036, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.55735, "energy": 55.45012, "activity_lines": [ 4.948603, 5.08419, 5.28849, 5.294161 ] }, { "date": "2023-12-01", "close": 4.954859, "volume": 306750475, "typical_volume": 441126882.15, "trend": 5.251646, "fair_value": 5.158236, "relative_strength": 0.822183, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.109337, "energy": 49.007716, "activity_lines": [ 4.941095, 5.029079, 5.248048, 5.273827 ] }, { "date": "2023-12-08", "close": 4.598259, "volume": 722651001, "typical_volume": 447103546.65, "trend": 5.231838, "fair_value": 5.162447, "relative_strength": -4.662741, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.683743, "energy": 64.009691, "activity_lines": [ 4.824106, 4.927389, 5.174181, 5.231673 ] }, { "date": "2023-12-15", "close": 4.476264, "volume": 591609393, "typical_volume": 450964021.05, "trend": 5.217819, "fair_value": 5.163669, "relative_strength": -6.51429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.987743, "energy": 77.415961, "activity_lines": [ 4.698357, 4.823821, 5.092896, 5.182927 ] }, { "date": "2023-12-22", "close": 4.598259, "volume": 504974003, "typical_volume": 452810392.7, "trend": 5.206635, "fair_value": 5.166602, "relative_strength": -3.204606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.223959, "energy": 76.295357, "activity_lines": [ 4.637047, 4.761885, 5.027877, 5.142955 ] }, { "date": "2023-12-29", "close": 4.879785, "volume": 546920261, "typical_volume": 447757439.45, "trend": 5.207607, "fair_value": 5.170817, "relative_strength": 0.356313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.392753, "energy": 65.680554, "activity_lines": [ 4.691475, 4.766151, 4.994719, 5.121868 ] }, { "date": "2024-01-05", "close": 4.945475, "volume": 514508109, "typical_volume": 457491503.85, "trend": 5.203993, "fair_value": 5.177486, "relative_strength": 2.919166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.377622, "energy": 42.480447, "activity_lines": [ 4.772805, 4.785431, 4.97184, 5.104956 ] }, { "date": "2024-01-12", "close": 4.992396, "volume": 592215655, "typical_volume": 471872024.9, "trend": 5.204099, "fair_value": 5.1801, "relative_strength": 5.139443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.161938, "energy": 24.473262, "activity_lines": [ 4.870401, 4.815973, 4.956468, 5.091305 ] }, { "date": "2024-01-19", "close": 4.870401, "volume": 527843252, "typical_volume": 475669111.1, "trend": 5.19213, "fair_value": 5.179899, "relative_strength": 3.923916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.439773, "energy": 24.228262, "activity_lines": [ 4.901056, 4.825869, 4.931041, 5.069776 ] }, { "date": "2024-01-26", "close": 5.161311, "volume": 609506197, "typical_volume": 479686981.95, "trend": 5.199715, "fair_value": 5.176684, "relative_strength": 6.732091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.263829, "energy": 19.737128, "activity_lines": [ 5.002405, 4.887975, 4.936046, 5.067788 ] }, { "date": "2024-02-02", "close": 5.095622, "volume": 504094348, "typical_volume": 479384871.15, "trend": 5.205417, "fair_value": 5.166368, "relative_strength": 11.787297, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.264132, "energy": 18.221691, "activity_lines": [ 5.044322, 4.933872, 4.936761, 5.061072 ] }, { "date": "2024-02-09", "close": 5.330226, "volume": 549260421, "typical_volume": 482875236.1, "trend": 5.214176, "fair_value": 5.163597, "relative_strength": 11.148932, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.455875, "energy": 19.176032, "activity_lines": [ 5.15005, 5.019866, 4.962724, 5.069124 ] }, { "date": "2024-02-23", "close": 5.958969, "volume": 661275910, "typical_volume": 497389534.75, "trend": 5.230129, "fair_value": 5.163985, "relative_strength": 18.036628, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 49.768664, "energy": 56.805851, "activity_lines": [ 5.439709, 5.213351, 5.051561, 5.117175 ] }, { "date": "2024-03-01", "close": 5.846358, "volume": 577902994, "typical_volume": 512358437.6, "trend": 5.243267, "fair_value": 5.166265, "relative_strength": 14.617069, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.625327, "energy": 67.090535, "activity_lines": [ 5.627393, 5.361621, 5.128511, 5.156932 ] }, { "date": "2024-03-08", "close": 6.334337, "volume": 645137743, "typical_volume": 527410042.7, "trend": 5.265789, "fair_value": 5.173531, "relative_strength": 22.868538, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.382031, "energy": 80.361504, "activity_lines": [ 5.912673, 5.573704, 5.250506, 5.227324 ] }, { "date": "2024-03-15", "close": 7.263372, "volume": 1250054632, "typical_volume": 571700359.0, "trend": 5.317089, "fair_value": 5.181874, "relative_strength": 39.355185, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.546258, "energy": 97.921688, "activity_lines": [ 6.42943, 5.923138, 5.456645, 5.3562 ] }, { "date": "2024-03-22", "close": 7.019383, "volume": 1116794226, "typical_volume": 603002516.05, "trend": 5.364948, "fair_value": 5.185459, "relative_strength": 34.023354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.621684, "energy": 93.399251, "activity_lines": [ 6.72034, 6.184872, 5.629002, 5.466025 ] }, { "date": "2024-03-29", "close": 7.807656, "volume": 1013917486, "typical_volume": 630855556.0, "trend": 5.447842, "fair_value": 5.196594, "relative_strength": 47.690094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.756321, "energy": 96.946649, "activity_lines": [ 7.161397, 6.552221, 5.867271, 5.623619 ] }, { "date": "2024-04-05", "close": 8.201793, "volume": 726255984, "typical_volume": 638886258.3, "trend": 5.539807, "fair_value": 5.213856, "relative_strength": 52.032123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.235918, "energy": 96.600482, "activity_lines": [ 7.610588, 6.940044, 6.130074, 5.801294 ] }, { "date": "2024-04-12", "close": 8.408246, "volume": 1387210716, "typical_volume": 686317498.95, "trend": 5.634275, "fair_value": 5.233023, "relative_strength": 56.557326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.367232, "energy": 94.452683, "activity_lines": [ 7.971567, 7.304834, 6.396496, 5.986354 ] }, { "date": "2024-04-19", "close": 8.896223, "volume": 1165419614, "typical_volume": 725715121.0, "trend": 5.740629, "fair_value": 5.257757, "relative_strength": 60.964152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.565533, "energy": 93.485198, "activity_lines": [ 8.356945, 7.699311, 6.692813, 6.196802 ] }, { "date": "2024-04-26", "close": 8.70854, "volume": 1261552884, "typical_volume": 773455241.45, "trend": 5.832282, "fair_value": 5.28216, "relative_strength": 54.651489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.230022, "energy": 74.683951, "activity_lines": [ 8.570905, 7.990563, 6.952487, 6.388281 ] }, { "date": "2024-05-03", "close": 8.427013, "volume": 548132420, "typical_volume": 764729312.4, "trend": 5.922683, "fair_value": 5.305106, "relative_strength": 47.518208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.880168, "energy": 67.316233, "activity_lines": [ 8.578412, 8.169204, 7.167475, 6.555683 ] }, { "date": "2024-05-10", "close": 8.633466, "volume": 1141758064, "typical_volume": 792236745.95, "trend": 6.025596, "fair_value": 5.32804, "relative_strength": 47.089937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.905039, "energy": 66.11558, "activity_lines": [ 8.613446, 8.340508, 7.383892, 6.730572 ] }, { "date": "2024-05-17", "close": 8.154871, "volume": 1482419123, "typical_volume": 841109001.95, "trend": 6.116623, "fair_value": 5.347847, "relative_strength": 37.497603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.435983, "energy": 58.201901, "activity_lines": [ 8.460171, 8.374121, 7.534933, 6.867944 ] }, { "date": "2024-05-24", "close": 7.676278, "volume": 1536094913, "typical_volume": 890567734.55, "trend": 6.204209, "fair_value": 5.363542, "relative_strength": 30.835292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.446773, "energy": 41.327481, "activity_lines": [ 8.164256, 8.287615, 7.623458, 6.968567 ] }, { "date": "2024-05-31", "close": 7.826426, "volume": 927018808, "typical_volume": 911193269.5, "trend": 6.295236, "fair_value": 5.379966, "relative_strength": 32.101967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.256867, "energy": 32.114128, "activity_lines": [ 7.99972, 8.220903, 7.712965, 7.073226 ] }, { "date": "2024-06-07", "close": 7.892114, "volume": 958828521, "typical_volume": 929523912.8, "trend": 6.389078, "fair_value": 5.394431, "relative_strength": 33.323885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.908565, "energy": 23.904377, "activity_lines": [ 7.915888, 8.151459, 7.79501, 7.176251 ] }, { "date": "2024-06-14", "close": 7.770119, "volume": 552109359, "typical_volume": 930737218.15, "trend": 6.486986, "fair_value": 5.410785, "relative_strength": 30.776898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.230392, "energy": 23.817279, "activity_lines": [ 7.82705, 8.0583, 7.851628, 7.26535 ] }, { "date": "2024-06-21", "close": 7.817041, "volume": 672503057, "typical_volume": 933887061.15, "trend": 6.583331, "fair_value": 5.427091, "relative_strength": 31.705731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.011616, "energy": 18.839397, "activity_lines": [ 7.81141, 7.98152, 7.898907, 7.35116 ] }, { "date": "2024-06-28", "close": 7.976573, "volume": 612464744, "typical_volume": 939305580.95, "trend": 6.684055, "fair_value": 5.444885, "relative_strength": 34.362272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.254751, "energy": 17.33194, "activity_lines": [ 7.871469, 7.944495, 7.948732, 7.441047 ] }, { "date": "2024-07-05", "close": 8.276866, "volume": 510893194, "typical_volume": 937387219.6, "trend": 6.794788, "fair_value": 5.46501, "relative_strength": 38.564075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.909978, "energy": 27.026718, "activity_lines": [ 8.011606, 7.97879, 8.013439, 7.543809 ] }, { "date": "2024-07-12", "close": 8.366887, "volume": 748055834, "typical_volume": 941726215.8, "trend": 6.920409, "fair_value": 5.48699, "relative_strength": 37.396502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.36736, "energy": 32.49586, "activity_lines": [ 8.151721, 8.037301, 8.072687, 7.645235 ] }, { "date": "2024-07-19", "close": 8.032593, "volume": 909035527, "typical_volume": 958282842.45, "trend": 7.038953, "fair_value": 5.508337, "relative_strength": 30.067303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.249217, "energy": 29.030235, "activity_lines": [ 8.148753, 8.036125, 8.088631, 7.716988 ] }, { "date": "2024-07-26", "close": 6.943752, "volume": 1064485010, "typical_volume": 979250205.8, "trend": 7.117136, "fair_value": 5.521717, "relative_strength": 15.232616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -0.79114, "energy": 4.844546, "activity_lines": [ 7.76534, 7.847902, 7.990465, 7.710846 ] }, { "date": "2024-08-02", "close": 6.895996, "volume": 719401244, "typical_volume": 952717536.4, "trend": 7.184343, "fair_value": 5.536243, "relative_strength": 13.18999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.201539, "energy": 16.342559, "activity_lines": [ 7.424227, 7.673017, 7.88485, 7.696579 ] }, { "date": "2024-08-09", "close": 6.743176, "volume": 623986812, "typical_volume": 928077165.7, "trend": 7.244267, "fair_value": 5.540615, "relative_strength": 11.706049, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -30.14867, "energy": 44.30281, "activity_lines": [ 7.104213, 7.484533, 7.766429, 7.668117 ] }, { "date": "2024-08-16", "close": 7.096572, "volume": 532573220, "typical_volume": 904009952.4, "trend": 7.314406, "fair_value": 5.546786, "relative_strength": 16.090644, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.285392, "energy": 50.725899, "activity_lines": [ 7.004243, 7.379998, 7.682981, 7.658588 ] }, { "date": "2024-08-23", "close": 7.087021, "volume": 379027260, "typical_volume": 886648516.2, "trend": 7.388293, "fair_value": 5.550967, "relative_strength": 16.181842, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.682229, "energy": 57.603035, "activity_lines": [ 6.985778, 7.288192, 7.602009, 7.643918 ] }, { "date": "2024-08-30", "close": 7.153879, "volume": 561232521, "typical_volume": 845349606.45, "trend": 7.454712, "fair_value": 5.556453, "relative_strength": 16.918629, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.59365, "energy": 47.389523, "activity_lines": [ 7.052636, 7.220961, 7.532712, 7.628795 ] }, { "date": "2024-09-06", "close": 6.599907, "volume": 493913316, "typical_volume": 811774291.55, "trend": 7.504855, "fair_value": 5.558213, "relative_strength": 10.244045, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.890508, "energy": 45.18502, "activity_lines": [ 6.920829, 7.065066, 7.41663, 7.573646 ] }, { "date": "2024-09-13", "close": 6.23696, "volume": 614930069, "typical_volume": 779443150.8, "trend": 7.53508, "fair_value": 5.555776, "relative_strength": 6.062194, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.492869, "energy": 67.68263, "activity_lines": [ 6.687779, 6.86821, 7.276916, 7.491846 ] }, { "date": "2024-09-20", "close": 7.106123, "volume": 605867484, "typical_volume": 782329904.0, "trend": 7.573318, "fair_value": 5.562534, "relative_strength": 18.594592, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.34207, "energy": 43.973575, "activity_lines": [ 6.778197, 6.866474, 7.23175, 7.464172 ] }, { "date": "2024-09-27", "close": 7.994389, "volume": 846529396, "typical_volume": 767568470.6, "trend": 7.644919, "fair_value": 5.568442, "relative_strength": 17.563689, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.201547, "energy": 18.660776, "activity_lines": [ 7.164067, 7.049163, 7.277469, 7.491338 ] }, { "date": "2024-10-04", "close": 8.309579, "volume": 499140949, "typical_volume": 718404561.9, "trend": 7.71076, "fair_value": 5.580168, "relative_strength": 12.426534, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.683438, "energy": 13.480232, "activity_lines": [ 7.59451, 7.289854, 7.356251, 7.534219 ] }, { "date": "2024-10-11", "close": 7.688749, "volume": 1362861174, "typical_volume": 709742874.95, "trend": 7.72494, "fair_value": 5.583065, "relative_strength": 7.301324, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.954341, "energy": 22.906351, "activity_lines": [ 7.740962, 7.392834, 7.375168, 7.532799 ] }, { "date": "2024-10-18", "close": 7.640993, "volume": 883264042, "typical_volume": 707555136.65, "trend": 7.74566, "fair_value": 5.589512, "relative_strength": 4.672065, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.726382, "energy": 26.552806, "activity_lines": [ 7.798907, 7.472717, 7.389478, 7.527383 ] }, { "date": "2024-10-25", "close": 7.564583, "volume": 1055927297, "typical_volume": 712410075.45, "trend": 7.737558, "fair_value": 5.598156, "relative_strength": 1.902292, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.528213, "energy": 22.219403, "activity_lines": [ 7.737779, 7.522384, 7.397394, 7.5157 ] }, { "date": "2024-11-01", "close": 7.574134, "volume": 1295340862, "typical_volume": 749571650.6, "trend": 7.716636, "fair_value": 5.611419, "relative_strength": 2.346361, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.201531, "energy": 10.693674, "activity_lines": [ 7.649271, 7.565277, 7.40778, 7.505157 ] }, { "date": "2024-11-08", "close": 7.736505, "volume": 1387546342, "typical_volume": 785323814.85, "trend": 7.694244, "fair_value": 5.625899, "relative_strength": -1.393256, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.519379, "energy": 7.061093, "activity_lines": [ 7.642903, 7.628837, 7.434562, 7.506439 ] }, { "date": "2024-11-15", "close": 7.125226, "volume": 1118539478, "typical_volume": 810627551.55, "trend": 7.635211, "fair_value": 5.634181, "relative_strength": -6.304867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.951051, "energy": 17.873627, "activity_lines": [ 7.470981, 7.570661, 7.403511, 7.469728 ] }, { "date": "2024-11-22", "close": 6.991508, "volume": 677769686, "typical_volume": 818971376.15, "trend": 7.577977, "fair_value": 5.64219, "relative_strength": -6.689532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.281127, "energy": 23.990928, "activity_lines": [ 7.292054, 7.478622, 7.363779, 7.428199 ] }, { "date": "2024-11-29", "close": 6.953303, "volume": 571031656, "typical_volume": 810120167.25, "trend": 7.528853, "fair_value": 5.651766, "relative_strength": -9.203708, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.907531, "energy": 28.344881, "activity_lines": [ 7.143691, 7.365917, 7.326529, 7.387897 ] }, { "date": "2024-12-06", "close": 7.087021, "volume": 666073042, "typical_volume": 797972043.0, "trend": 7.477305, "fair_value": 5.66512, "relative_strength": -9.904584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.93947, "energy": 38.496821, "activity_lines": [ 7.080653, 7.280303, 7.308746, 7.359392 ] }, { "date": "2024-12-13", "close": 6.895996, "volume": 974613823, "typical_volume": 793478483.65, "trend": 7.435342, "fair_value": 5.676898, "relative_strength": -12.37118, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.005405, "energy": 46.512079, "activity_lines": [ 6.986414, 7.176455, 7.277272, 7.321888 ] }, { "date": "2024-12-20", "close": 6.5426, "volume": 731903457, "typical_volume": 794103594.3, "trend": 7.397553, "fair_value": 5.685594, "relative_strength": -16.565523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.055857, "energy": 58.242193, "activity_lines": [ 6.830411, 7.034055, 7.212369, 7.264292 ] }, { "date": "2024-12-27", "close": 6.513946, "volume": 655226251, "typical_volume": 795665566.25, "trend": 7.353804, "fair_value": 5.692937, "relative_strength": -17.943745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.06669, "energy": 63.796428, "activity_lines": [ 6.703698, 6.907284, 7.14642, 7.207285 ] }, { "date": "2025-01-03", "close": 6.46619, "volume": 821346663, "typical_volume": 810104238.4, "trend": 7.306273, "fair_value": 5.698806, "relative_strength": -14.023122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.354829, "energy": 67.177043, "activity_lines": [ 6.592903, 6.792321, 7.077015, 7.15002 ] }, { "date": "2025-01-10", "close": 6.647664, "volume": 881345464, "typical_volume": 835220148.6, "trend": 7.268858, "fair_value": 5.70689, "relative_strength": -10.713635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.682854, "energy": 68.188433, "activity_lines": [ 6.575074, 6.730325, 7.027894, 7.107529 ] }, { "date": "2025-01-17", "close": 6.838688, "volume": 1041414422, "typical_volume": 859229243.65, "trend": 7.236246, "fair_value": 5.717016, "relative_strength": -10.501023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.130301, "energy": 54.84833, "activity_lines": [ 6.650211, 6.719906, 6.999058, 7.079776 ] }, { "date": "2025-01-24", "close": 6.962854, "volume": 864291460, "typical_volume": 877748150.85, "trend": 7.202455, "fair_value": 5.729282, "relative_strength": -9.489702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.823525, "energy": 29.047884, "activity_lines": [ 6.770556, 6.748386, 6.983549, 7.062138 ] }, { "date": "2025-01-31", "close": 6.915098, "volume": 100347411, "typical_volume": 852019017.95, "trend": 7.157063, "fair_value": 5.741008, "relative_strength": -10.312509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.661086, "energy": 19.742359, "activity_lines": [ 6.846966, 6.771135, 6.961763, 7.043598 ] }, { "date": "2025-02-07", "close": 6.962854, "volume": 603205664, "typical_volume": 851885926.95, "trend": 7.110262, "fair_value": 5.753216, "relative_strength": -11.317115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.948911, "energy": 22.152189, "activity_lines": [ 6.912551, 6.803956, 6.941296, 7.031069 ] }, { "date": "2025-02-14", "close": 6.991508, "volume": 1050495769, "typical_volume": 862084245.6, "trend": 7.075559, "fair_value": 5.765198, "relative_strength": -12.260516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.857036, "energy": 21.21878, "activity_lines": [ 6.954576, 6.841814, 6.92424, 7.023407 ] }, { "date": "2025-02-21", "close": 6.599907, "volume": 797944032, "typical_volume": 877024399.75, "trend": 7.064098, "fair_value": 5.774261, "relative_strength": -17.948922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.216926, "energy": 22.636529, "activity_lines": [ 6.843145, 6.810208, 6.874665, 6.99272 ] }, { "date": "2025-02-28", "close": 6.342024, "volume": 794371213, "typical_volume": 848599901.7, "trend": 7.045632, "fair_value": 5.784709, "relative_strength": -19.758753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.36487, "energy": 48.20143, "activity_lines": [ 6.661672, 6.737098, 6.80867, 6.946135 ] }, { "date": "2025-03-07", "close": 6.867342, "volume": 1018208910, "typical_volume": 855347145.1, "trend": 7.049771, "fair_value": 5.794902, "relative_strength": -14.412969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.841882, "energy": 34.029821, "activity_lines": [ 6.696693, 6.763147, 6.799119, 6.934632 ] }, { "date": "2025-03-14", "close": 7.564583, "volume": 2384670975, "typical_volume": 921784329.0, "trend": 7.065371, "fair_value": 5.809506, "relative_strength": -6.894867, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.65612, "energy": 5.513238, "activity_lines": [ 6.967312, 6.909541, 6.859656, 6.967846 ] }, { "date": "2025-03-21", "close": 7.297148, "volume": 1116525560, "typical_volume": 912843563.9, "trend": 7.072375, "fair_value": 5.822746, "relative_strength": -8.626295, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.625352, "energy": 19.84819, "activity_lines": [ 7.10867, 6.98734, 6.894722, 6.982799 ] }, { "date": "2025-03-28", "close": 7.364007, "volume": 1598483066, "typical_volume": 923390400.1, "trend": 7.07938, "fair_value": 5.836181, "relative_strength": -7.138608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.224991, "energy": 30.145208, "activity_lines": [ 7.251939, 7.065487, 6.937475, 7.001614 ] }, { "date": "2025-04-04", "close": 6.905547, "volume": 689187139, "typical_volume": 901922783.15, "trend": 7.089568, "fair_value": 5.850008, "relative_strength": -12.245442, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.495708, "energy": 23.9282, "activity_lines": [ 7.191448, 7.050726, 6.93834, 6.990399 ] }, { "date": "2025-04-11", "close": 6.294268, "volume": 1824151251, "typical_volume": 959241861.4, "trend": 7.091478, "fair_value": 5.86015, "relative_strength": -16.879127, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -48.392034, "energy": 18.959731, "activity_lines": [ 6.889629, 6.925865, 6.882033, 6.939089 ] }, { "date": "2025-04-18", "close": 6.418434, "volume": 903236617, "typical_volume": 975852109.45, "trend": 7.068555, "fair_value": 5.869335, "relative_strength": -15.580381, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.324187, "energy": 33.99888, "activity_lines": [ 6.667403, 6.834868, 6.840872, 6.895667 ] }, { "date": "2025-04-25", "close": 6.810035, "volume": 1100522614, "typical_volume": 997574588.05, "trend": 7.029076, "fair_value": 5.88214, "relative_strength": -10.368817, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.937478, "energy": 34.249602, "activity_lines": [ 6.652121, 6.82497, 6.839553, 6.878988 ] }, { "date": "2025-05-02", "close": 6.743176, "volume": 352128718, "typical_volume": 966450332.8, "trend": 6.976863, "fair_value": 5.893758, "relative_strength": -10.323032, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.954049, "energy": 33.811083, "activity_lines": [ 6.647027, 6.806214, 6.833185, 6.860543 ] }, { "date": "2025-05-09", "close": 6.77183, "volume": 697138222, "typical_volume": 964712071.05, "trend": 6.946299, "fair_value": 5.904916, "relative_strength": -11.109109, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.320054, "energy": 32.311679, "activity_lines": [ 6.692873, 6.790064, 6.830274, 6.847315 ] }, { "date": "2025-05-16", "close": 6.991508, "volume": 676185164, "typical_volume": 965760016.7, "trend": 6.92465, "fair_value": 5.920813, "relative_strength": -8.526373, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.673496, "energy": 9.860893, "activity_lines": [ 6.820859, 6.806041, 6.847194, 6.850232 ] }, { "date": "2025-05-23", "close": 6.905547, "volume": 572947278, "typical_volume": 953340047.45, "trend": 6.902682, "fair_value": 5.937736, "relative_strength": -8.809291, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.374811, "energy": 8.815568, "activity_lines": [ 6.87371, 6.80413, 6.853652, 6.849 ] }, { "date": "2025-05-30", "close": 6.876894, "volume": 642153897, "typical_volume": 941380469.1, "trend": 6.87944, "fair_value": 5.955235, "relative_strength": -8.790534, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.195156, "energy": 6.217881, "activity_lines": [ 6.884535, 6.808993, 6.855289, 6.847336 ] }, { "date": "2025-06-06", "close": 7.249392, "volume": 805439946, "typical_volume": 929581745.3, "trend": 6.863203, "fair_value": 5.975764, "relative_strength": -4.562934, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.451621, "energy": 26.277967, "activity_lines": [ 7.015068, 6.889223, 6.891311, 6.871204 ] }, { "date": "2025-06-13", "close": 7.555031, "volume": 998238870, "typical_volume": 936279115.8, "trend": 6.87753, "fair_value": 5.996792, "relative_strength": -0.014493, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.859088, "energy": 57.475434, "activity_lines": [ 7.213734, 7.027108, 6.954486, 6.915838 ] }, { "date": "2025-06-20", "close": 7.430865, "volume": 553469750, "typical_volume": 958935232.75, "trend": 6.892175, "fair_value": 6.016674, "relative_strength": -0.819934, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.82988, "energy": 61.731895, "activity_lines": [ 7.318797, 7.130609, 7.003015, 6.951537 ] }, { "date": "2025-06-27", "close": 8.18358, "volume": 1031504923, "typical_volume": 980350195.7, "trend": 6.933185, "fair_value": 6.040855, "relative_strength": 7.450801, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.469786, "energy": 81.131394, "activity_lines": [ 7.645475, 7.350302, 7.120776, 7.034853 ] }, { "date": "2025-07-04", "close": 8.420214, "volume": 914746927, "typical_volume": 973562753.6, "trend": 6.977624, "fair_value": 6.061645, "relative_strength": 9.386756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.754198, "energy": 87.847697, "activity_lines": [ 7.965829, 7.580925, 7.25526, 7.130791 ] }, { "date": "2025-07-11", "close": 8.006105, "volume": 1075438232, "typical_volume": 987437463.6, "trend": 7.014628, "fair_value": 6.077268, "relative_strength": 3.365132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.927817, "energy": 83.641481, "activity_lines": [ 8.045259, 7.70698, 7.343502, 7.197144 ] }, { "date": "2025-07-18", "close": 8.094843, "volume": 745054522, "typical_volume": 984971629.05, "trend": 7.066369, "fair_value": 6.095563, "relative_strength": 4.158088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.851136, "energy": 83.794603, "activity_lines": [ 8.10382, 7.826206, 7.433498, 7.266836 ] }, { "date": "2025-07-25", "close": 9.080816, "volume": 1414607188, "typical_volume": 1004791542.95, "trend": 7.151932, "fair_value": 6.120413, "relative_strength": 14.795416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.202752, "energy": 94.188384, "activity_lines": [ 8.455052, 8.100646, 7.609051, 7.3968 ] }, { "date": "2025-08-01", "close": 8.854042, "volume": 934851019, "typical_volume": 932300545.15, "trend": 7.231527, "fair_value": 6.144536, "relative_strength": 12.876319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.605384, "energy": 84.991722, "activity_lines": [ 8.620695, 8.295867, 7.752465, 7.506613 ] }, { "date": "2025-08-08", "close": 9.623102, "volume": 833779009, "typical_volume": 918163217.6, "trend": 7.330708, "fair_value": 6.175721, "relative_strength": 19.838954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.484104, "energy": 90.586544, "activity_lines": [ 8.997994, 8.595489, 7.962983, 7.660909 ] }, { "date": "2025-08-15", "close": 10.954165, "volume": 1139455248, "typical_volume": 895211826.7, "trend": 7.467891, "fair_value": 6.21301, "relative_strength": 33.560593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.409725, "energy": 96.646441, "activity_lines": [ 9.738789, 9.087192, 8.289193, 7.89468 ] }, { "date": "2025-08-22", "close": 10.954165, "volume": 1149879696, "typical_volume": 918246454.55, "trend": 7.600934, "fair_value": 6.251306, "relative_strength": 28.633368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.826349, "energy": 95.055955, "activity_lines": [ 10.283046, 9.511535, 8.598307, 8.119601 ] }, { "date": "2025-08-29", "close": 12.186632, "volume": 1366495972, "typical_volume": 895363690.6, "trend": 7.776652, "fair_value": 6.298213, "relative_strength": 41.130233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.382458, "energy": 98.006613, "activity_lines": [ 11.047504, 10.098161, 9.005519, 8.415452 ] }, { "date": "2025-09-05", "close": 12.719058, "volume": 2001677767, "typical_volume": 950285748.1, "trend": 7.968526, "fair_value": 6.347408, "relative_strength": 47.844056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.370842, "energy": 96.423582, "activity_lines": [ 11.782383, 10.695123, 9.43538, 8.734317 ] }, { "date": "2025-09-12", "close": 13.231765, "volume": 1313836078, "typical_volume": 960951421.3, "trend": 8.176534, "fair_value": 6.401192, "relative_strength": 50.073353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.137571, "energy": 93.853241, "activity_lines": [ 12.430497, 11.302842, 9.884067, 9.073881 ] }, { "date": "2025-09-19", "close": 12.334529, "volume": 1160592070, "typical_volume": 1001374588.9, "trend": 8.367688, "fair_value": 6.449522, "relative_strength": 40.993984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.315227, "energy": 68.316648, "activity_lines": [ 12.538954, 11.659943, 10.216724, 9.342139 ] }, { "date": "2025-09-26", "close": 13.606435, "volume": 1583691420, "typical_volume": 1045702248.8, "trend": 8.609835, "fair_value": 6.507721, "relative_strength": 53.959466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.288941, "energy": 72.454659, "activity_lines": [ 12.979356, 12.169602, 10.643888, 9.680122 ] }, { "date": "2025-10-03", "close": 15.479784, "volume": 759659899, "typical_volume": 1049875985.55, "trend": 8.896917, "fair_value": 6.576272, "relative_strength": 70.564599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.960921, "energy": 76.082508, "activity_lines": [ 13.867389, 12.919659, 11.216922, 10.123345 ] }, { "date": "2025-10-10", "close": 16.485477, "volume": 847027894, "typical_volume": 1063580016.35, "trend": 9.19428, "fair_value": 6.653223, "relative_strength": 78.28156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.818735, "energy": 75.745711, "activity_lines": [ 14.87111, 13.736224, 11.845315, 10.61293 ] }, { "date": "2025-10-17", "close": 14.829042, "volume": 1696424162, "typical_volume": 1116293529.6, "trend": 9.445343, "fair_value": 6.719615, "relative_strength": 60.780459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.457536, "energy": 66.78753, "activity_lines": [ 15.071591, 14.112866, 12.270334, 10.976463 ] }, { "date": "2025-10-24", "close": 16.544636, "volume": 1176338321, "typical_volume": 1134838448.35, "trend": 9.751364, "fair_value": 6.797716, "relative_strength": 71.754345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.272466, "energy": 71.0077, "activity_lines": [ 15.737452, 14.706781, 12.820875, 11.434481 ] }, { "date": "2025-10-31", "close": 16.800989, "volume": 1474755733, "typical_volume": 1158664291.5, "trend": 10.081212, "fair_value": 6.879, "relative_strength": 71.601564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.053916, "energy": 69.617419, "activity_lines": [ 16.20809, 15.24566, 13.351568, 11.889296 ] }, { "date": "2025-11-07", "close": 16.308002, "volume": 1073257548, "typical_volume": 1184653681.4, "trend": 10.415003, "fair_value": 6.958308, "relative_strength": 62.464141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.50982, "energy": 64.303002, "activity_lines": [ 16.301429, 15.5886, 13.791281, 12.291024 ] }, { "date": "2025-11-14", "close": 16.544636, "volume": 977168599, "typical_volume": 1181936865.2, "trend": 10.752543, "fair_value": 7.039666, "relative_strength": 62.614091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.11236, "energy": 64.307486, "activity_lines": [ 16.418431, 15.89963, 14.211259, 12.686485 ] }, { "date": "2025-11-21", "close": 14.967078, "volume": 865434757, "typical_volume": 1179471256.7, "trend": 11.024445, "fair_value": 7.109075, "relative_strength": 51.068693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.175256, "energy": 53.3936, "activity_lines": [ 16.005637, 15.854275, 14.441179, 12.95839 ] }, { "date": "2025-11-28", "close": 16.00235, "volume": 824991089, "typical_volume": 1166948899.55, "trend": 11.333084, "fair_value": 7.183936, "relative_strength": 56.922169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.65682, "energy": 44.413126, "activity_lines": [ 15.928731, 15.9656, 14.73852, 13.279545 ] }, { "date": "2025-12-05", "close": 18.161633, "volume": 1328546043, "typical_volume": 1196123475.6, "trend": 11.712744, "fair_value": 7.27258, "relative_strength": 74.163671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.266532, "energy": 56.732533, "activity_lines": [ 16.607738, 16.402835, 15.20343, 13.720097 ] }, { "date": "2025-12-12", "close": 17.333414, "volume": 1146286461, "typical_volume": 1182707439.25, "trend": 12.057474, "fair_value": 7.356151, "relative_strength": 63.937081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.540393, "energy": 52.049316, "activity_lines": [ 16.919963, 16.606662, 15.541525, 14.082721 ] }, { "date": "2025-12-19", "close": 18.102474, "volume": 1012444052, "typical_volume": 1186587090.9, "trend": 12.430705, "fair_value": 7.444593, "relative_strength": 67.942081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.822629, "energy": 58.186915, "activity_lines": [ 17.42018, 16.916617, 15.913566, 14.472721 ] }, { "date": "2025-12-26", "close": 19.472977, "volume": 975574961, "typical_volume": 1193676888.5, "trend": 12.850574, "fair_value": 7.539748, "relative_strength": 73.705428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.558247, "energy": 78.785781, "activity_lines": [ 18.273376, 17.446353, 16.37209, 14.927061 ] }, { "date": "2026-01-02", "close": 19.719471, "volume": 821859535, "typical_volume": 1177797102.85, "trend": 13.266244, "fair_value": 7.637785, "relative_strength": 72.215164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.634344, "energy": 79.038934, "activity_lines": [ 18.908343, 17.936472, 16.807186, 15.370215 ] }, { "date": "2026-01-09", "close": 22.460478, "volume": 1238939938, "typical_volume": 1182250114.95, "trend": 13.763092, "fair_value": 7.754874, "relative_strength": 84.806507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.14477, "energy": 93.072047, "activity_lines": [ 20.209171, 18.867231, 17.461591, 15.963392 ] }, { "date": "2026-01-16", "close": 23.909859, "volume": 1457064916, "typical_volume": 1186778562.15, "trend": 14.312392, "fair_value": 7.881194, "relative_strength": 92.941167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.739492, "energy": 95.784695, "activity_lines": [ 21.706537, 19.958614, 18.19924, 16.618022 ] }, { "date": "2026-01-23", "close": 22.440758, "volume": 1327499589, "typical_volume": 1153069653.25, "trend": 14.787631, "fair_value": 7.997683, "relative_strength": 75.908531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.500817, "energy": 88.260415, "activity_lines": [ 22.275772, 20.644673, 18.74115, 17.142433 ] }, { "date": "2026-01-30", "close": 23.988735, "volume": 2574890733, "typical_volume": 1216122386.0, "trend": 15.306582, "fair_value": 8.122554, "relative_strength": 84.617717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.876679, "energy": 86.723263, "activity_lines": [ 23.071781, 21.504979, 19.384193, 17.736052 ] }, { "date": "2026-02-06", "close": 21.681559, "volume": 1799326554, "typical_volume": 1248059110.2, "trend": 15.76243, "fair_value": 8.231156, "relative_strength": 65.752639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.466701, "energy": 62.955085, "activity_lines": [ 22.79768, 21.781769, 19.75628, 18.147341 ] }, { "date": "2026-02-13", "close": 21.671698, "volume": 1106250337, "typical_volume": 1224187056.05, "trend": 16.214992, "fair_value": 8.335192, "relative_strength": 61.892233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.534239, "energy": 53.892308, "activity_lines": [ 22.389487, 21.953508, 20.082919, 18.528584 ] }, { "date": "2026-02-27", "close": 23.653505, "volume": 1107593960, "typical_volume": 1241583759.1, "trend": 16.700748, "fair_value": 8.452703, "relative_strength": 69.559081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.369602, "energy": 54.90474, "activity_lines": [ 22.694481, 22.421755, 20.559896, 19.008488 ] }, { "date": "2026-03-06", "close": 21.711138, "volume": 1475296897, "typical_volume": 1272997209.25, "trend": 17.129318, "fair_value": 8.557348, "relative_strength": 54.128101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.280358, "energy": 37.038961, "activity_lines": [ 22.36911, 22.421935, 20.812962, 19.331739 ] }, { "date": "2026-03-13", "close": 19.482838, "volume": 1397870266, "typical_volume": 1258069514.45, "trend": 17.457976, "fair_value": 8.646762, "relative_strength": 37.178558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.166585, "energy": 26.009909, "activity_lines": [ 21.349614, 21.951357, 20.828926, 19.483579 ] }, { "date": "2026-03-20", "close": 17.303835, "volume": 1608809143, "typical_volume": 1279693055.55, "trend": 17.669632, "fair_value": 8.722266, "relative_strength": 24.604301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.223154, "energy": 13.98046, "activity_lines": [ 19.904177, 21.084417, 20.615204, 19.473635 ] }, { "date": "2026-03-27", "close": 17.333414, "volume": 1574575502, "typical_volume": 1284684044.0, "trend": 17.882273, "fair_value": 8.798612, "relative_strength": 24.655242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.047834, "energy": 22.742015, "activity_lines": [ 18.760447, 20.266776, 20.400685, 19.451943 ] }, { "date": "2026-04-03", "close": 17.274258, "volume": 1207937733, "typical_volume": 1291418053.25, "trend": 18.051861, "fair_value": 8.87754, "relative_strength": 23.795685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.435916, "energy": 35.048006, "activity_lines": [ 17.886218, 19.531598, 20.177996, 19.412716 ] }, { "date": "2026-04-10", "close": 18.694057, "volume": 1067976332, "typical_volume": 1295958439.9, "trend": 18.251027, "fair_value": 8.96249, "relative_strength": 28.599812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.187069, "energy": 31.868215, "activity_lines": [ 17.910538, 19.175213, 20.085924, 19.454148 ] }, { "date": "2026-04-17", "close": 19.946243, "volume": 1202987765, "typical_volume": 1312836090.3, "trend": 18.474843, "fair_value": 9.054873, "relative_strength": 32.917184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.845614, "energy": 16.484618, "activity_lines": [ 18.553392, 19.11462, 20.102873, 19.563517 ] }, { "date": "2026-04-24", "close": 19.098309, "volume": 994592200, "typical_volume": 1321316145.85, "trend": 18.700303, "fair_value": 9.142414, "relative_strength": 24.617205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.730286, "energy": 10.523711, "activity_lines": [ 18.882708, 18.973358, 20.015357, 19.603741 ] }, { "date": "2026-05-01", "close": 18.358828, "volume": 856923513, "typical_volume": 1297735019.35, "trend": 18.858716, "fair_value": 9.222135, "relative_strength": 17.411034, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.481204, "energy": 6.064884, "activity_lines": [ 18.845898, 18.744612, 19.842671, 19.58171 ] }, { "date": "2026-05-08", "close": 19.916666, "volume": 932216806, "typical_volume": 1287031536.6, "trend": 19.006612, "fair_value": 9.310776, "relative_strength": 23.614896, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.896987, "energy": 9.428206, "activity_lines": [ 19.260007, 18.859343, 19.817411, 19.649965 ] }, { "date": "2026-05-15", "close": 18.615179, "volume": 1539449426, "typical_volume": 1313381805.3, "trend": 19.077602, "fair_value": 9.394805, "relative_strength": 15.357609, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.993602, "energy": 4.821413, "activity_lines": [ 19.064127, 18.805384, 19.655899, 19.624711 ] }, { "date": "2026-05-22", "close": 18.27009, "volume": 1061693214, "typical_volume": 1317687717.95, "trend": 19.192304, "fair_value": 9.478636, "relative_strength": 12.526159, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.722154, "energy": 13.188697, "activity_lines": [ 18.758475, 18.74497, 19.45908, 19.572614 ] }, { "date": "2026-05-29", "close": 18.51, "volume": 1341255050, "typical_volume": 1343657493.7, "trend": 19.257816, "fair_value": 9.5659, "relative_strength": 13.866317, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.318126, "energy": 14.903478, "activity_lines": [ 18.644537, 18.750227, 19.290837, 19.528594 ] }, { "date": "2026-06-05", "close": 18.190001, "volume": 219791404, "typical_volume": 1292700067.0, "trend": 19.304116, "fair_value": 9.650875, "relative_strength": 11.708572, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.310505, "energy": 26.120265, "activity_lines": [ 18.463153, 18.675372, 19.097878, 19.459703 ] }, { "date": "2026-06-12", "close": 19.110001, "volume": 455323977, "typical_volume": 1242613020.05, "trend": 19.397516, "fair_value": 9.742282, "relative_strength": 15.816846, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.360596, "energy": 20.65679, "activity_lines": [ 18.599691, 18.752215, 19.012874, 19.447179 ] }, { "date": "2026-06-19", "close": 20.040001, "volume": 2044002159, "typical_volume": 1278438148.55, "trend": 19.514028, "fair_value": 9.838346, "relative_strength": 18.223574, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.553304, "energy": 11.961587, "activity_lines": [ 19.100007, 18.964772, 19.039297, 19.48863 ] }, { "date": "2026-06-26", "close": 17.24, "volume": 336797495, "typical_volume": 1166533486.65, "trend": 19.589792, "fair_value": 9.916877, "relative_strength": 2.319272, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.022316, "energy": 29.646411, "activity_lines": [ 18.572001, 18.643766, 18.810486, 19.341918 ] }, { "date": "2026-07-03", "close": 18.52, "volume": 369606237, "typical_volume": 1095047470.8, "trend": 19.673714, "fair_value": 10.002073, "relative_strength": 8.379816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.616734, "energy": 21.89341, "activity_lines": [ 18.539334, 18.604692, 18.735716, 19.2729 ] }, { "date": "2026-07-10", "close": 17.5, "volume": 1198311101, "typical_volume": 1099650509.0, "trend": 19.65166, "fair_value": 10.082626, "relative_strength": 2.714087, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.91221, "energy": 32.000288, "activity_lines": [ 18.166, 18.390678, 18.578859, 19.13266 ] }, { "date": "2026-07-17", "close": 17.41, "volume": 1230993928, "typical_volume": 1105820507.4, "trend": 19.654212, "fair_value": 10.16266, "relative_strength": 7.348997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.480024, "energy": 49.941251, "activity_lines": [ 17.808667, 18.175916, 18.433295, 18.988037 ] }, { "date": "2026-07-24", "close": 19.040001, "volume": 1683890723, "typical_volume": 1116250198.7, "trend": 19.685463, "fair_value": 10.252228, "relative_strength": 14.478753, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.864107, "energy": 25.365279, "activity_lines": [ 18.108, 18.303093, 18.472701, 18.94841 ] }, { "date": "2026-07-31", "close": 19.52, "volume": 959570404, "typical_volume": 1094335205.6, "trend": 19.687031, "fair_value": 10.342226, "relative_strength": 15.504086, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.178134, "energy": 12.689389, "activity_lines": [ 18.634, 18.509819, 18.57054, 18.937735 ] }, { "date": "2026-08-07", "close": 20.83, "volume": 1333959096, "typical_volume": 1080592703.25, "trend": 19.724048, "fair_value": 10.440801, "relative_strength": 18.438149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 3.176185, "energy": 11.03308, "activity_lines": [ 19.444667, 18.932, 18.792964, 19.011475 ] } ], "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." } } }