{ "ticker": { "uuid": "0de5c7d4-faeb-452b-8702-90d053e8605d", "symbol": "601128", "name": "Jiangsu Changshu Rural Commercial Bank Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -46.186, "architecture_energy": 24.823, "architecture_maturity": 97.2, "architecture_confidence": 76.854, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 27.02, "rotation_up": 27.54, "upward_expansion": 20.17, "deceleration": 46.99, "rotation_down": 31.57, "downward_expansion": 61.17 }, "activity_lines": [ 6.234667, 6.186506, 6.255727, 6.413547 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 6.12, "trend_reference": 6.634123, "distance_from_trend": -0.077497, "trend_direction": "Weakening", "fair_value": 6.290373, "distance_from_fair_value": -0.027085, "fair_value_direction": "Weakening", "relative_strength": -10.409085, "relative_strength_direction": "Improving", "price_momentum": -0.161644, "excess_performance": -0.11844, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.077497, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043872, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.027085, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.050796, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.104091, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.078447, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.161644, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.102862, "read": "Demand-led" } ], "volume": { "latest": 267050696, "relative_activity": 1.557096, "balance": 1.102862, "dry_up": 1.488586, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.039119, "annualized_volatility": 0.223463, "from_high_reference": -0.218558, "from_low_reference": 0.042589 }, "levels": { "trend_reference": 6.634123, "fair_value_reference": 6.290373, "structural_low": 5.87, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.013641, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": 0.025978, "regime_survival": 0.75, "best_return": 0.097643, "worst_return": -0.071875, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.045818, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.05804, "regime_survival": 0.25, "best_return": 0.1375, "worst_return": -0.035254, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.146875, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.151972, "regime_survival": 0.0, "best_return": 0.385696, "worst_return": -0.061225, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.237362, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.32214, "regime_survival": 0.0, "best_return": 0.253051, "worst_return": 0.221672, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-04-12", "tenure": "Developing", "return": 0.064327, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": 0.051587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-08-02", "tenure": "Established", "return": -0.019819, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": -0.008955, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-10-11", "tenure": "Developing", "return": 0.133127, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.025886, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.057851, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.004329, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.090652, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.057373, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-10-03", "tenure": "Established", "return": -0.055714, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": 0.027697, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-04-03", "tenure": "Established", "return": -0.019499, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.024092, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.364882, "volume": 144050368, "typical_volume": 127809506.65, "trend": 5.432103, "fair_value": 5.238399, "relative_strength": -4.344619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.904561, "energy": 23.902381, "activity_lines": [ 5.231517, 5.20444, 5.29218, 5.359343 ] }, { "date": "2023-08-04", "close": 5.478544, "volume": 163548740, "typical_volume": 129102405.85, "trend": 5.430782, "fair_value": 5.239325, "relative_strength": -2.643546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.296588, "energy": 14.169688, "activity_lines": [ 5.321942, 5.254939, 5.303589, 5.362339 ] }, { "date": "2023-08-11", "close": 5.380036, "volume": 72615911, "typical_volume": 125544331.2, "trend": 5.424229, "fair_value": 5.240993, "relative_strength": -1.378679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.462621, "energy": 20.548858, "activity_lines": [ 5.358819, 5.283595, 5.305249, 5.359065 ] }, { "date": "2023-08-18", "close": 5.554319, "volume": 149395758, "typical_volume": 124336321.75, "trend": 5.42641, "fair_value": 5.2436, "relative_strength": 3.586489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.297441, "energy": 32.972579, "activity_lines": [ 5.441162, 5.339807, 5.323363, 5.367458 ] }, { "date": "2023-08-25", "close": 5.569474, "volume": 138968047, "typical_volume": 126622506.6, "trend": 5.431044, "fair_value": 5.244976, "relative_strength": 6.024229, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.787835, "energy": 41.351498, "activity_lines": [ 5.501782, 5.393814, 5.342401, 5.376688 ] }, { "date": "2023-09-01", "close": 5.455812, "volume": 192253499, "typical_volume": 127080068.7, "trend": 5.436518, "fair_value": 5.242833, "relative_strength": 1.559114, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.379048, "energy": 33.423031, "activity_lines": [ 5.497235, 5.420404, 5.349813, 5.378286 ] }, { "date": "2023-09-08", "close": 5.455812, "volume": 80231028, "typical_volume": 121195178.0, "trend": 5.427619, "fair_value": 5.241355, "relative_strength": 2.09234, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.561885, "energy": 31.853488, "activity_lines": [ 5.486627, 5.440106, 5.357939, 5.379531 ] }, { "date": "2023-09-15", "close": 5.577052, "volume": 119809305, "typical_volume": 119631286.85, "trend": 5.423735, "fair_value": 5.239369, "relative_strength": 4.321857, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.543156, "energy": 26.07338, "activity_lines": [ 5.517947, 5.476615, 5.37864, 5.389171 ] }, { "date": "2023-09-22", "close": 5.637672, "volume": 148727495, "typical_volume": 123290976.85, "trend": 5.422116, "fair_value": 5.239277, "relative_strength": 4.978924, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.883009, "energy": 28.252888, "activity_lines": [ 5.55634, 5.517121, 5.405738, 5.402974 ] }, { "date": "2023-09-29", "close": 5.546741, "volume": 107227989, "typical_volume": 116035848.2, "trend": 5.413324, "fair_value": 5.23878, "relative_strength": 3.996256, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.795864, "energy": 25.175907, "activity_lines": [ 5.558866, 5.532276, 5.424373, 5.411014 ] }, { "date": "2023-10-13", "close": 5.660404, "volume": 109609761, "typical_volume": 115365151.65, "trend": 5.41636, "fair_value": 5.236531, "relative_strength": 6.91464, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.171742, "energy": 48.821379, "activity_lines": [ 5.600794, 5.56107, 5.453627, 5.426955 ] }, { "date": "2023-10-20", "close": 5.569474, "volume": 76039986, "typical_volume": 113965288.2, "trend": 5.421969, "fair_value": 5.236623, "relative_strength": 8.97054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.830757, "energy": 38.154957, "activity_lines": [ 5.598774, 5.567959, 5.472987, 5.436833 ] }, { "date": "2023-10-27", "close": 5.683138, "volume": 135720656, "typical_volume": 113853543.45, "trend": 5.433072, "fair_value": 5.238461, "relative_strength": 9.986844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.701521, "energy": 36.168646, "activity_lines": [ 5.627063, 5.59386, 5.50171, 5.453683 ] }, { "date": "2023-11-03", "close": 5.501277, "volume": 121660405, "typical_volume": 113518453.4, "trend": 5.434946, "fair_value": 5.23909, "relative_strength": 6.059619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.30273, "energy": 29.234967, "activity_lines": [ 5.587661, 5.581185, 5.510586, 5.458083 ] }, { "date": "2023-11-10", "close": 5.334571, "volume": 158096382, "typical_volume": 115949092.2, "trend": 5.432724, "fair_value": 5.235107, "relative_strength": 2.628867, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.36836, "energy": 11.620235, "activity_lines": [ 5.501782, 5.539164, 5.50254, 5.451607 ] }, { "date": "2023-11-17", "close": 5.228487, "volume": 131603199, "typical_volume": 118649879.45, "trend": 5.420145, "fair_value": 5.230886, "relative_strength": 0.056135, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.342073, "energy": 19.388574, "activity_lines": [ 5.394687, 5.482126, 5.48374, 5.438431 ] }, { "date": "2023-11-24", "close": 5.289107, "volume": 112824362, "typical_volume": 119872501.9, "trend": 5.407394, "fair_value": 5.234806, "relative_strength": 1.614332, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.833436, "energy": 27.172401, "activity_lines": [ 5.336593, 5.440244, 5.469993, 5.429977 ] }, { "date": "2023-12-01", "close": 5.183021, "volume": 113858685, "typical_volume": 121037841.85, "trend": 5.389889, "fair_value": 5.237381, "relative_strength": -0.1211, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.774527, "energy": 45.717734, "activity_lines": [ 5.261828, 5.382103, 5.445564, 5.415501 ] }, { "date": "2023-12-08", "close": 5.107246, "volume": 98245870, "typical_volume": 121487808.25, "trend": 5.370832, "fair_value": 5.239027, "relative_strength": 0.593587, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.570052, "energy": 61.617847, "activity_lines": [ 5.195145, 5.31735, 5.413955, 5.397266 ] }, { "date": "2023-12-15", "close": 5.054203, "volume": 76732004, "typical_volume": 122560972.5, "trend": 5.355855, "fair_value": 5.237941, "relative_strength": 0.484027, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.301832, "energy": 63.482937, "activity_lines": [ 5.137051, 5.252597, 5.377511, 5.376838 ] }, { "date": "2023-12-22", "close": 4.87992, "volume": 114306120, "typical_volume": 121073760.1, "trend": 5.338478, "fair_value": 5.235251, "relative_strength": -1.999936, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.756267, "energy": 75.178793, "activity_lines": [ 5.039553, 5.165111, 5.324973, 5.346133 ] }, { "date": "2023-12-29", "close": 4.842032, "volume": 103254611, "typical_volume": 118059053.65, "trend": 5.324468, "fair_value": 5.232628, "relative_strength": -4.62431, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.568312, "energy": 87.761187, "activity_lines": [ 4.952664, 5.084927, 5.271137, 5.314104 ] }, { "date": "2024-01-05", "close": 4.849611, "volume": 123285350, "typical_volume": 120592525.6, "trend": 5.314365, "fair_value": 5.232224, "relative_strength": -2.911894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.490566, "energy": 85.900241, "activity_lines": [ 4.898106, 5.019347, 5.221053, 5.283468 ] }, { "date": "2024-01-12", "close": 5.076936, "volume": 157399247, "typical_volume": 120992700.05, "trend": 5.307545, "fair_value": 5.233411, "relative_strength": 3.332503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.34286, "energy": 70.913028, "activity_lines": [ 4.941551, 5.010254, 5.195145, 5.26815 ] }, { "date": "2024-01-19", "close": 5.099669, "volume": 149733365, "typical_volume": 121530965.95, "trend": 5.304261, "fair_value": 5.235052, "relative_strength": 5.575425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.480296, "energy": 46.936398, "activity_lines": [ 4.994594, 5.013009, 5.173676, 5.254739 ] }, { "date": "2024-01-26", "close": 5.266374, "volume": 154444078, "typical_volume": 119640494.9, "trend": 5.310576, "fair_value": 5.236124, "relative_strength": 5.996854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.732553, "energy": 24.301512, "activity_lines": [ 5.100174, 5.050346, 5.17032, 5.252294 ] }, { "date": "2024-02-02", "close": 5.167866, "volume": 163943866, "typical_volume": 123826136.8, "trend": 5.310576, "fair_value": 5.237849, "relative_strength": 10.588603, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.298621, "energy": 25.738922, "activity_lines": [ 5.147154, 5.069083, 5.158484, 5.243087 ] }, { "date": "2024-02-09", "close": 5.470967, "volume": 247583816, "typical_volume": 130214862.35, "trend": 5.319922, "fair_value": 5.241029, "relative_strength": 11.170104, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.562833, "energy": 18.68158, "activity_lines": [ 5.273446, 5.145134, 5.176887, 5.253435 ] }, { "date": "2024-02-23", "close": 5.417923, "volume": 196732920, "typical_volume": 132615133.6, "trend": 5.328762, "fair_value": 5.243161, "relative_strength": 4.944054, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.882029, "energy": 29.146072, "activity_lines": [ 5.340633, 5.206305, 5.190743, 5.259758 ] }, { "date": "2024-03-01", "close": 5.266374, "volume": 152759285, "typical_volume": 134891698.4, "trend": 5.332298, "fair_value": 5.246182, "relative_strength": 1.292212, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.452187, "energy": 22.879075, "activity_lines": [ 5.334571, 5.234273, 5.191212, 5.255733 ] }, { "date": "2024-03-08", "close": 5.236063, "volume": 136506139, "typical_volume": 136236517.3, "trend": 5.328004, "fair_value": 5.248919, "relative_strength": 0.105093, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -4.093734, "energy": 17.15901, "activity_lines": [ 5.307292, 5.252872, 5.190129, 5.249524 ] }, { "date": "2024-03-15", "close": 5.183021, "volume": 161578419, "typical_volume": 140513438.95, "trend": 5.318153, "fair_value": 5.250298, "relative_strength": -1.134297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.949979, "energy": 10.242637, "activity_lines": [ 5.264353, 5.255352, 5.186016, 5.24017 ] }, { "date": "2024-03-22", "close": 5.129978, "volume": 156244087, "typical_volume": 141539610.5, "trend": 5.309818, "fair_value": 5.248857, "relative_strength": -1.888889, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.684008, "energy": 18.379813, "activity_lines": [ 5.202722, 5.241988, 5.178691, 5.22803 ] }, { "date": "2024-03-29", "close": 5.410347, "volume": 209641926, "typical_volume": 145938686.55, "trend": 5.305019, "fair_value": 5.25032, "relative_strength": 3.570509, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.670909, "energy": 8.232276, "activity_lines": [ 5.257281, 5.274502, 5.200702, 5.234516 ] }, { "date": "2024-04-05", "close": 5.52401, "volume": 129001331, "typical_volume": 144483934.0, "trend": 5.303504, "fair_value": 5.249544, "relative_strength": 4.588153, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.419156, "energy": 16.743389, "activity_lines": [ 5.350232, 5.321621, 5.233971, 5.248644 ] }, { "date": "2024-04-12", "close": 5.516431, "volume": 123766745, "typical_volume": 144092111.3, "trend": 5.305524, "fair_value": 5.249074, "relative_strength": 5.974672, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.930565, "energy": 38.515395, "activity_lines": [ 5.423481, 5.359646, 5.265616, 5.262381 ] }, { "date": "2024-04-19", "close": 5.728601, "volume": 184008838, "typical_volume": 147651335.1, "trend": 5.314617, "fair_value": 5.250806, "relative_strength": 8.110382, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.461199, "energy": 61.871776, "activity_lines": [ 5.548762, 5.431701, 5.316097, 5.289677 ] }, { "date": "2024-04-26", "close": 5.652828, "volume": 141152150, "typical_volume": 149016008.35, "trend": 5.317143, "fair_value": 5.252229, "relative_strength": 5.695629, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.332733, "energy": 61.822395, "activity_lines": [ 5.612414, 5.479784, 5.357268, 5.311497 ] }, { "date": "2024-05-03", "close": 6.024125, "volume": 164791217, "typical_volume": 152343275.7, "trend": 5.330025, "fair_value": 5.257892, "relative_strength": 11.774907, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.706372, "energy": 83.32749, "activity_lines": [ 5.764974, 5.592069, 5.431563, 5.357108 ] }, { "date": "2024-05-10", "close": 6.259028, "volume": 233794454, "typical_volume": 160196398.2, "trend": 5.353768, "fair_value": 5.265903, "relative_strength": 13.966457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.258408, "energy": 90.637232, "activity_lines": [ 5.954917, 5.736042, 5.523865, 5.417044 ] }, { "date": "2024-05-17", "close": 6.743989, "volume": 200897460, "typical_volume": 164525965.2, "trend": 5.389887, "fair_value": 5.276845, "relative_strength": 22.229595, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.781146, "energy": 97.429571, "activity_lines": [ 6.257513, 5.950141, 5.656616, 5.506736 ] }, { "date": "2024-05-24", "close": 6.569706, "volume": 205764390, "typical_volume": 169651454.15, "trend": 5.423228, "fair_value": 5.287202, "relative_strength": 20.990485, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.539909, "energy": 92.946018, "activity_lines": [ 6.420177, 6.105136, 5.763892, 5.582853 ] }, { "date": "2024-05-31", "close": 6.702877, "volume": 167248344, "typical_volume": 171849603.85, "trend": 5.45722, "fair_value": 5.299431, "relative_strength": 22.817901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.231891, "energy": 92.56823, "activity_lines": [ 6.571157, 6.259131, 5.875623, 5.665411 ] }, { "date": "2024-06-07", "close": 6.479161, "volume": 145796613, "typical_volume": 171269472.15, "trend": 5.489816, "fair_value": 5.309606, "relative_strength": 19.470577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.041216, "energy": 86.667413, "activity_lines": [ 6.577562, 6.343852, 5.957224, 5.731343 ] }, { "date": "2024-06-14", "close": 6.393116, "volume": 101972859, "typical_volume": 168881446.85, "trend": 5.525101, "fair_value": 5.31759, "relative_strength": 17.954224, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.412477, "energy": 64.507952, "activity_lines": [ 6.52495, 6.393496, 6.023952, 5.78962 ] }, { "date": "2024-06-21", "close": 6.307072, "volume": 115473678, "typical_volume": 166932926.85, "trend": 5.561053, "fair_value": 5.326396, "relative_strength": 17.114249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.651411, "energy": 55.28768, "activity_lines": [ 6.434718, 6.411693, 6.076327, 5.84007 ] }, { "date": "2024-06-28", "close": 6.513579, "volume": 154755179, "typical_volume": 166473492.5, "trend": 5.601869, "fair_value": 5.336818, "relative_strength": 21.412531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.492805, "energy": 46.385544, "activity_lines": [ 6.442449, 6.453062, 6.143413, 5.901523 ] }, { "date": "2024-07-05", "close": 6.57381, "volume": 136506780, "typical_volume": 160919640.7, "trend": 5.648229, "fair_value": 5.347807, "relative_strength": 22.426328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.345612, "energy": 44.971275, "activity_lines": [ 6.473998, 6.491109, 6.209828, 5.964229 ] }, { "date": "2024-07-12", "close": 6.720087, "volume": 157690320, "typical_volume": 158967510.7, "trend": 5.70199, "fair_value": 5.360099, "relative_strength": 23.406216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.621361, "energy": 51.37515, "activity_lines": [ 6.562911, 6.539008, 6.284921, 6.033381 ] }, { "date": "2024-07-19", "close": 6.513579, "volume": 112379827, "typical_volume": 156948537.8, "trend": 5.750636, "fair_value": 5.371568, "relative_strength": 18.475653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.013859, "energy": 47.575246, "activity_lines": [ 6.566927, 6.536705, 6.334147, 6.085742 ] }, { "date": "2024-07-26", "close": 6.238236, "volume": 116089289, "typical_volume": 155927695.3, "trend": 5.795913, "fair_value": 5.382593, "relative_strength": 16.367762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.668805, "energy": 34.912404, "activity_lines": [ 6.47113, 6.479712, 6.35121, 6.1172 ] }, { "date": "2024-08-02", "close": 6.134983, "volume": 113499475, "typical_volume": 153523748.1, "trend": 5.839012, "fair_value": 5.391681, "relative_strength": 13.305762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.469089, "energy": 23.265355, "activity_lines": [ 6.345505, 6.413142, 6.353668, 6.139075 ] }, { "date": "2024-08-09", "close": 5.764991, "volume": 227189660, "typical_volume": 157071026.75, "trend": 5.869524, "fair_value": 5.399262, "relative_strength": 7.659104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.442921, "energy": 19.967966, "activity_lines": [ 6.121789, 6.287204, 6.316355, 6.1343 ] }, { "date": "2024-08-16", "close": 5.808012, "volume": 171878308, "typical_volume": 155182845.85, "trend": 5.893893, "fair_value": 5.407347, "relative_strength": 7.425805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.906116, "energy": 31.292228, "activity_lines": [ 5.966335, 6.18614, 6.280115, 6.130331 ] }, { "date": "2024-08-23", "close": 5.713364, "volume": 214338829, "typical_volume": 159449720.75, "trend": 5.91435, "fair_value": 5.415462, "relative_strength": 6.260549, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.422066, "energy": 52.003814, "activity_lines": [ 5.840136, 6.08007, 6.232968, 6.118684 ] }, { "date": "2024-08-30", "close": 5.558483, "volume": 188180541, "typical_volume": 162670410.55, "trend": 5.924087, "fair_value": 5.42427, "relative_strength": 3.629238, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.092101, "energy": 65.111107, "activity_lines": [ 5.715658, 5.9582, 6.170168, 6.095725 ] }, { "date": "2024-09-06", "close": 5.394999, "volume": 178708635, "typical_volume": 162405400.4, "trend": 5.931658, "fair_value": 5.432667, "relative_strength": 3.220136, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.497977, "energy": 70.834532, "activity_lines": [ 5.582002, 5.820216, 6.091599, 6.06159 ] }, { "date": "2024-09-13", "close": 5.283141, "volume": 142268219, "typical_volume": 162461203.85, "trend": 5.925397, "fair_value": 5.439483, "relative_strength": 3.16392, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.009773, "energy": 75.928407, "activity_lines": [ 5.460393, 5.682231, 6.003964, 6.019751 ] }, { "date": "2024-09-20", "close": 5.326163, "volume": 78375161, "typical_volume": 158140401.05, "trend": 5.922338, "fair_value": 5.445025, "relative_strength": 2.556724, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.928327, "energy": 74.149642, "activity_lines": [ 5.385247, 5.575536, 5.922188, 5.98109 ] }, { "date": "2024-09-27", "close": 5.988706, "volume": 261771997, "typical_volume": 159539278.2, "trend": 5.946416, "fair_value": 5.454997, "relative_strength": 2.05953, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.37245, "energy": 39.727799, "activity_lines": [ 5.563072, 5.614647, 5.906834, 5.985372 ] }, { "date": "2024-10-04", "close": 6.324281, "volume": 111142343, "typical_volume": 155051522.35, "trend": 5.98269, "fair_value": 5.466163, "relative_strength": -0.360478, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.087373, "energy": 11.261774, "activity_lines": [ 5.8344, 5.724315, 5.924727, 6.00975 ] }, { "date": "2024-10-11", "close": 6.298467, "volume": 366170729, "typical_volume": 163071839.3, "trend": 6.019872, "fair_value": 5.476845, "relative_strength": 2.714415, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 18.530055, "energy": 24.125091, "activity_lines": [ 6.04607, 5.827725, 5.942161, 6.030123 ] }, { "date": "2024-10-18", "close": 6.315677, "volume": 258779152, "typical_volume": 167648379.7, "trend": 6.059395, "fair_value": 5.489368, "relative_strength": 1.505212, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.742965, "energy": 29.930375, "activity_lines": [ 6.203245, 5.931291, 5.962525, 6.049207 ] }, { "date": "2024-10-25", "close": 6.134983, "volume": 179327975, "typical_volume": 169324947.8, "trend": 6.08355, "fair_value": 5.500915, "relative_strength": -2.530852, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.560813, "energy": 30.845324, "activity_lines": [ 6.231353, 5.991992, 5.967523, 6.054084 ] }, { "date": "2024-11-01", "close": 6.005916, "volume": 223741703, "typical_volume": 175413390.0, "trend": 6.099613, "fair_value": 5.510223, "relative_strength": -3.727743, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.266455, "energy": 22.344622, "activity_lines": [ 6.162517, 6.023281, 5.961869, 6.049075 ] }, { "date": "2024-11-08", "close": 6.1694, "volume": 217844521, "typical_volume": 180531932.15, "trend": 6.121379, "fair_value": 5.520214, "relative_strength": -6.244913, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.523486, "energy": 17.840313, "activity_lines": [ 6.147029, 6.078975, 5.973628, 6.053578 ] }, { "date": "2024-11-15", "close": 6.504975, "volume": 316588820, "typical_volume": 188623614.2, "trend": 6.147258, "fair_value": 5.53222, "relative_strength": 2.259035, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.680572, "energy": 23.565604, "activity_lines": [ 6.253724, 6.184576, 6.018003, 6.078326 ] }, { "date": "2024-11-22", "close": 6.350094, "volume": 294552961, "typical_volume": 196525923.25, "trend": 6.1705, "fair_value": 5.538907, "relative_strength": 1.528522, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.678227, "energy": 20.871809, "activity_lines": [ 6.295026, 6.241834, 6.047668, 6.091412 ] }, { "date": "2024-11-29", "close": 6.547997, "volume": 139364334, "typical_volume": 195609623.95, "trend": 6.187962, "fair_value": 5.547819, "relative_strength": 2.591299, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.616438, "energy": 39.493987, "activity_lines": [ 6.4, 6.315676, 6.097246, 6.115767 ] }, { "date": "2024-12-06", "close": 6.625437, "volume": 141824210, "typical_volume": 197081843.1, "trend": 6.200176, "fair_value": 5.558775, "relative_strength": 1.197585, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.912975, "energy": 52.541088, "activity_lines": [ 6.503254, 6.381383, 6.155019, 6.143991 ] }, { "date": "2024-12-13", "close": 6.539392, "volume": 169988369, "typical_volume": 199776797.1, "trend": 6.193356, "fair_value": 5.569772, "relative_strength": 0.034391, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.036472, "energy": 45.580626, "activity_lines": [ 6.536524, 6.419869, 6.204064, 6.165876 ] }, { "date": "2024-12-20", "close": 6.315677, "volume": 182711277, "typical_volume": 203237387.2, "trend": 6.184888, "fair_value": 5.578242, "relative_strength": -2.857575, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.754757, "energy": 31.473808, "activity_lines": [ 6.470557, 6.413767, 6.230369, 6.173767 ] }, { "date": "2024-12-27", "close": 6.410326, "volume": 197238917, "typical_volume": 201739850.05, "trend": 6.175137, "fair_value": 5.588366, "relative_strength": -2.536807, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 53.97902, "energy": 33.11982, "activity_lines": [ 6.448759, 6.424562, 6.264828, 6.188312 ] }, { "date": "2025-01-03", "close": 6.195214, "volume": 211447331, "typical_volume": 203718301.2, "trend": 6.165672, "fair_value": 5.596519, "relative_strength": -0.570414, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 37.643198, "energy": 18.633431, "activity_lines": [ 6.351242, 6.394525, 6.275727, 6.189607 ] }, { "date": "2025-01-10", "close": 6.152192, "volume": 197957246, "typical_volume": 202899222.05, "trend": 6.157641, "fair_value": 5.603941, "relative_strength": -0.206765, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 27.04734, "energy": 19.295378, "activity_lines": [ 6.262903, 6.35557, 6.280685, 6.188737 ] }, { "date": "2025-01-17", "close": 6.24684, "volume": 185829629, "typical_volume": 202781676.45, "trend": 6.155633, "fair_value": 5.613063, "relative_strength": -1.124106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.697907, "energy": 18.291606, "activity_lines": [ 6.237663, 6.331164, 6.292567, 6.194492 ] }, { "date": "2025-01-24", "close": 6.298467, "volume": 143168306, "typical_volume": 201004660.0, "trend": 6.148463, "fair_value": 5.623062, "relative_strength": -0.771158, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.418591, "energy": 17.134775, "activity_lines": [ 6.249135, 6.314738, 6.306089, 6.203707 ] }, { "date": "2025-01-31", "close": 6.375907, "volume": 38405612, "typical_volume": 195811529.65, "trend": 6.141866, "fair_value": 5.633831, "relative_strength": 0.361265, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.094282, "energy": 12.592897, "activity_lines": [ 6.287568, 6.316146, 6.322683, 6.218381 ] }, { "date": "2025-02-07", "close": 6.307072, "volume": 114648695, "typical_volume": 197625206.35, "trend": 6.128099, "fair_value": 5.643202, "relative_strength": -2.332512, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.466403, "energy": 15.020501, "activity_lines": [ 6.305351, 6.304569, 6.327518, 6.22904 ] }, { "date": "2025-02-14", "close": 6.24684, "volume": 173621375, "typical_volume": 193217675.25, "trend": 6.119208, "fair_value": 5.649819, "relative_strength": -4.469886, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.832895, "energy": 15.00938, "activity_lines": [ 6.295599, 6.286421, 6.321945, 6.2367 ] }, { "date": "2025-02-21", "close": 6.109169, "volume": 211441233, "typical_volume": 198232619.75, "trend": 6.114906, "fair_value": 5.654916, "relative_strength": -7.475151, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.757103, "energy": 5.364576, "activity_lines": [ 6.233647, 6.250126, 6.302032, 6.236053 ] }, { "date": "2025-02-28", "close": 5.885453, "volume": 238883556, "typical_volume": 191868261.1, "trend": 6.106588, "fair_value": 5.659034, "relative_strength": -9.329765, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.290329, "energy": 36.297515, "activity_lines": [ 6.106301, 6.180977, 6.261837, 6.221249 ] }, { "date": "2025-03-07", "close": 5.962893, "volume": 214910728, "typical_volume": 189674839.9, "trend": 6.113185, "fair_value": 5.662282, "relative_strength": -9.587242, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.217264, "energy": 44.344896, "activity_lines": [ 6.032302, 6.133731, 6.230984, 6.211979 ] }, { "date": "2025-03-14", "close": 6.126378, "volume": 190403004, "typical_volume": 190228591.35, "trend": 6.123797, "fair_value": 5.665713, "relative_strength": -8.470896, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.764883, "energy": 39.875204, "activity_lines": [ 6.040333, 6.124344, 6.21738, 6.21283 ] }, { "date": "2025-03-21", "close": 6.24684, "volume": 191836018, "typical_volume": 188633307.1, "trend": 6.141579, "fair_value": 5.672284, "relative_strength": -5.314493, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.360415, "energy": 29.79772, "activity_lines": [ 6.100564, 6.138111, 6.215291, 6.220768 ] }, { "date": "2025-03-28", "close": 5.988706, "volume": 227299298, "typical_volume": 189106045.95, "trend": 6.15592, "fair_value": 5.675835, "relative_strength": -8.867903, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.854232, "energy": 20.223423, "activity_lines": [ 6.074751, 6.103224, 6.18747, 6.210905 ] }, { "date": "2025-04-04", "close": 6.074751, "volume": 175556502, "typical_volume": 182054430.05, "trend": 6.178578, "fair_value": 5.68144, "relative_strength": -7.317616, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.7581, "energy": 13.806578, "activity_lines": [ 6.08565, 6.088675, 6.168704, 6.205669 ] }, { "date": "2025-04-11", "close": 5.93708, "volume": 271022774, "typical_volume": 180877920.7, "trend": 6.200376, "fair_value": 5.686299, "relative_strength": -6.52097, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.873328, "energy": 31.683763, "activity_lines": [ 6.038039, 6.053162, 6.138875, 6.190088 ] }, { "date": "2025-04-18", "close": 6.24684, "volume": 201611409, "typical_volume": 183990274.45, "trend": 6.231066, "fair_value": 5.692642, "relative_strength": -2.83531, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.926565, "energy": 19.790013, "activity_lines": [ 6.095402, 6.081947, 6.140514, 6.193086 ] }, { "date": "2025-04-25", "close": 6.24684, "volume": 145507487, "typical_volume": 184174438.3, "trend": 6.23967, "fair_value": 5.696253, "relative_strength": -3.43793, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.407166, "energy": 12.217353, "activity_lines": [ 6.144734, 6.111828, 6.143587, 6.194103 ] }, { "date": "2025-05-02", "close": 6.24684, "volume": 117147880, "typical_volume": 181532413.85, "trend": 6.237089, "fair_value": 5.699045, "relative_strength": -2.932472, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.984316, "energy": 13.102101, "activity_lines": [ 6.194066, 6.141709, 6.148463, 6.194566 ] }, { "date": "2025-05-09", "close": 6.461952, "volume": 160641782, "typical_volume": 180428939.1, "trend": 6.242538, "fair_value": 5.701758, "relative_strength": -1.432948, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.328435, "energy": 27.571677, "activity_lines": [ 6.297893, 6.208198, 6.175218, 6.209073 ] }, { "date": "2025-05-16", "close": 6.625437, "volume": 226454263, "typical_volume": 181889706.4, "trend": 6.252864, "fair_value": 5.707067, "relative_strength": 0.464744, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.208476, "energy": 50.941187, "activity_lines": [ 6.430402, 6.29393, 6.216848, 6.233776 ] }, { "date": "2025-05-23", "close": 6.711482, "volume": 184897576, "typical_volume": 180562218.65, "trend": 6.27208, "fair_value": 5.713247, "relative_strength": 2.472958, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.255386, "energy": 65.280098, "activity_lines": [ 6.545702, 6.38326, 6.265647, 6.263365 ] }, { "date": "2025-05-30", "close": 6.814735, "volume": 239708363, "typical_volume": 182649774.5, "trend": 6.299041, "fair_value": 5.721273, "relative_strength": 4.215983, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.748168, "energy": 72.349337, "activity_lines": [ 6.664444, 6.480725, 6.321822, 6.298375 ] }, { "date": "2025-06-06", "close": 7.096539, "volume": 273649700, "typical_volume": 187040778.05, "trend": 6.329945, "fair_value": 5.731242, "relative_strength": 7.340222, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.914122, "energy": 89.888197, "activity_lines": [ 6.83926, 6.619102, 6.40168, 6.349826 ] }, { "date": "2025-06-13", "close": 7.243567, "volume": 228502803, "typical_volume": 191307502.9, "trend": 6.354565, "fair_value": 5.744066, "relative_strength": 9.795559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.01073, "energy": 93.076727, "activity_lines": [ 7.00644, 6.764069, 6.491495, 6.408769 ] }, { "date": "2025-06-20", "close": 7.488613, "volume": 176170948, "typical_volume": 198195769.7, "trend": 6.392516, "fair_value": 5.759053, "relative_strength": 13.947234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.670939, "energy": 95.259088, "activity_lines": [ 7.203193, 6.932338, 6.600147, 6.481934 ] }, { "date": "2025-06-27", "close": 7.31218, "volume": 295528486, "typical_volume": 207239759.25, "trend": 6.417989, "fair_value": 5.773091, "relative_strength": 9.236321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.014285, "energy": 89.20539, "activity_lines": [ 7.283591, 7.040319, 6.686698, 6.541267 ] }, { "date": "2025-07-04", "close": 7.449405, "volume": 197458772, "typical_volume": 208431629.1, "trend": 6.445454, "fair_value": 5.786782, "relative_strength": 9.834769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.822317, "energy": 88.906518, "activity_lines": [ 7.369684, 7.153881, 6.781531, 6.60781 ] }, { "date": "2025-07-11", "close": 7.341585, "volume": 236812052, "typical_volume": 209700170.05, "trend": 6.472194, "fair_value": 5.798096, "relative_strength": 7.2573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.569832, "energy": 80.389661, "activity_lines": [ 7.377525, 7.225973, 6.860369, 6.665625 ] }, { "date": "2025-07-18", "close": 7.272972, "volume": 192942569, "typical_volume": 207403120.7, "trend": 6.504104, "fair_value": 5.810282, "relative_strength": 5.655859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.932474, "energy": 63.287906, "activity_lines": [ 7.346159, 7.265687, 6.926804, 6.717288 ] }, { "date": "2025-07-25", "close": 7.429801, "volume": 279727106, "typical_volume": 210643939.6, "trend": 6.538086, "fair_value": 5.821318, "relative_strength": 6.251787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.880383, "energy": 60.026447, "activity_lines": [ 7.365109, 7.319168, 7.001568, 6.77701 ] }, { "date": "2025-08-01", "close": 7.272972, "volume": 195158368, "typical_volume": 210881707.8, "trend": 6.574012, "fair_value": 5.830833, "relative_strength": 5.064958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.693913, "energy": 49.527488, "activity_lines": [ 7.335704, 7.329511, 7.05441, 6.824422 ] }, { "date": "2025-08-08", "close": 7.645442, "volume": 280159728, "typical_volume": 215297893.3, "trend": 6.623787, "fair_value": 5.844236, "relative_strength": 8.066429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.44513, "energy": 55.428023, "activity_lines": [ 7.433069, 7.397366, 7.137266, 6.893547 ] }, { "date": "2025-08-15", "close": 7.469009, "volume": 309318191, "typical_volume": 219398837.95, "trend": 6.664526, "fair_value": 5.856507, "relative_strength": 3.808756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.15704, "energy": 48.943687, "activity_lines": [ 7.458554, 7.418039, 7.196658, 6.948077 ] }, { "date": "2025-08-22", "close": 7.449405, "volume": 239780456, "typical_volume": 222610035.65, "trend": 6.70289, "fair_value": 5.86809, "relative_strength": 0.099347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.353774, "energy": 46.209659, "activity_lines": [ 7.469009, 7.428376, 7.247135, 6.998715 ] }, { "date": "2025-08-29", "close": 7.370991, "volume": 215609214, "typical_volume": 219839357.65, "trend": 6.73606, "fair_value": 5.880295, "relative_strength": -1.736386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.94699, "energy": 43.147171, "activity_lines": [ 7.441564, 7.420713, 7.283597, 7.041818 ] }, { "date": "2025-09-05", "close": 7.42, "volume": 221537918, "typical_volume": 220835683.1, "trend": 6.773157, "fair_value": 5.892252, "relative_strength": 0.099557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.713929, "energy": 36.317662, "activity_lines": [ 7.434376, 7.424099, 7.317899, 7.085943 ] }, { "date": "2025-09-12", "close": 7.59, "volume": 187689116, "typical_volume": 222944764.55, "trend": 6.817929, "fair_value": 5.90469, "relative_strength": 0.849227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.457469, "energy": 40.047777, "activity_lines": [ 7.474053, 7.456434, 7.362805, 7.138643 ] }, { "date": "2025-09-19", "close": 7.06, "volume": 270912884, "typical_volume": 230633014.75, "trend": 6.849624, "fair_value": 5.913731, "relative_strength": -4.860432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.378147, "energy": 17.912453, "activity_lines": [ 7.340759, 7.389849, 7.350839, 7.15426 ] }, { "date": "2025-09-26", "close": 6.95, "volume": 220853271, "typical_volume": 233643589.2, "trend": 6.885109, "fair_value": 5.921832, "relative_strength": -6.423928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 1.420987, "energy": 8.971717, "activity_lines": [ 7.198066, 7.308383, 7.324524, 7.160736 ] }, { "date": "2025-10-03", "close": 6.84, "volume": 93809350, "typical_volume": 227011343.55, "trend": 6.914345, "fair_value": 5.927728, "relative_strength": -9.081092, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -9.438459, "energy": 21.364807, "activity_lines": [ 7.052, 7.21279, 7.285409, 7.157826 ] }, { "date": "2025-10-10", "close": 6.86, "volume": 85369556, "typical_volume": 222034942.55, "trend": 6.938799, "fair_value": 5.936283, "relative_strength": -8.970619, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.115004, "energy": 29.291685, "activity_lines": [ 6.948, 7.131557, 7.247177, 7.15432 ] }, { "date": "2025-10-17", "close": 7.13, "volume": 226353650, "typical_volume": 221367206.9, "trend": 6.968238, "fair_value": 5.945397, "relative_strength": -3.900627, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.057043, "energy": 27.485512, "activity_lines": [ 6.971333, 7.106923, 7.233952, 7.166655 ] }, { "date": "2025-10-24", "close": 7.09, "volume": 184097509, "typical_volume": 216889597.35, "trend": 7.004948, "fair_value": 5.953552, "relative_strength": -7.054565, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.330653, "energy": 24.233483, "activity_lines": [ 7.012, 7.084389, 7.215417, 7.174511 ] }, { "date": "2025-10-31", "close": 7.05, "volume": 313640171, "typical_volume": 221146465.75, "trend": 7.037456, "fair_value": 5.960514, "relative_strength": -7.634935, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.754289, "energy": 14.767632, "activity_lines": [ 7.037333, 7.061473, 7.193103, 7.177417 ] }, { "date": "2025-11-07", "close": 7.18, "volume": 271905139, "typical_volume": 225933175.3, "trend": 7.078887, "fair_value": 5.97037, "relative_strength": -6.946488, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.744571, "energy": 7.685218, "activity_lines": [ 7.099333, 7.069455, 7.184091, 7.186614 ] }, { "date": "2025-11-14", "close": 7.23, "volume": 151159625, "typical_volume": 218714732.25, "trend": 7.111659, "fair_value": 5.982936, "relative_strength": -6.000361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.637413, "energy": 7.673017, "activity_lines": [ 7.155333, 7.09, 7.181312, 7.196363 ] }, { "date": "2025-11-21", "close": 7.01, "volume": 169548608, "typical_volume": 217319224.05, "trend": 7.137098, "fair_value": 5.994608, "relative_strength": -5.053125, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.069847, "energy": 8.630497, "activity_lines": [ 7.113333, 7.074, 7.157971, 7.189804 ] }, { "date": "2025-11-28", "close": 7.13, "volume": 142414301, "typical_volume": 212599336.5, "trend": 7.166536, "fair_value": 6.006721, "relative_strength": -4.633031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.104575, "energy": 6.489397, "activity_lines": [ 7.119333, 7.090364, 7.148151, 7.189347 ] }, { "date": "2025-12-05", "close": 7.11, "volume": 206071876, "typical_volume": 213255801.85, "trend": 7.188138, "fair_value": 6.018424, "relative_strength": -5.128649, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.428223, "energy": 13.421571, "activity_lines": [ 7.116, 7.101818, 7.137434, 7.185699 ] }, { "date": "2025-12-12", "close": 7.03, "volume": 217425291, "typical_volume": 210140711.1, "trend": 7.201623, "fair_value": 6.027225, "relative_strength": -5.75775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.973689, "energy": 24.127619, "activity_lines": [ 7.082, 7.095818, 7.119874, 7.175497 ] }, { "date": "2025-12-19", "close": 7.24, "volume": 190215764, "typical_volume": 209893580.9, "trend": 7.219241, "fair_value": 6.038497, "relative_strength": -2.956229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.405097, "energy": 7.275631, "activity_lines": [ 7.128, 7.124545, 7.124217, 7.177972 ] }, { "date": "2025-12-26", "close": 7.06, "volume": 141979151, "typical_volume": 202984552.05, "trend": 7.227416, "fair_value": 6.048287, "relative_strength": -7.020176, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.517885, "energy": 16.534421, "activity_lines": [ 7.113333, 7.113636, 7.111575, 7.167699 ] }, { "date": "2026-01-02", "close": 7.04, "volume": 73252909, "typical_volume": 191181287.95, "trend": 7.225531, "fair_value": 6.058417, "relative_strength": -7.259564, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.945676, "energy": 19.420511, "activity_lines": [ 7.088667, 7.100364, 7.099816, 7.155608 ] }, { "date": "2026-01-09", "close": 7.03, "volume": 180885499, "typical_volume": 188236540.1, "trend": 7.218413, "fair_value": 6.069889, "relative_strength": -10.586528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.363581, "energy": 22.789149, "activity_lines": [ 7.066667, 7.086182, 7.089148, 7.142993 ] }, { "date": "2026-01-16", "close": 6.97, "volume": 191859639, "typical_volume": 187049061.35, "trend": 7.201125, "fair_value": 6.079196, "relative_strength": -10.744696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.283833, "energy": 43.047224, "activity_lines": [ 7.03, 7.061455, 7.074762, 7.126966 ] }, { "date": "2026-01-23", "close": 7.18, "volume": 347335398, "typical_volume": 193338935.35, "trend": 7.196719, "fair_value": 6.089474, "relative_strength": -8.631823, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.72333, "energy": 22.408482, "activity_lines": [ 7.067333, 7.078727, 7.082286, 7.125603 ] }, { "date": "2026-01-30", "close": 7.3, "volume": 255407604, "typical_volume": 196724859.75, "trend": 7.191739, "fair_value": 6.101083, "relative_strength": -6.515271, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -2.559533, "energy": 4.904863, "activity_lines": [ 7.148667, 7.118727, 7.102381, 7.132266 ] }, { "date": "2026-02-06", "close": 7.34, "volume": 259096621, "typical_volume": 196134046.6, "trend": 7.191686, "fair_value": 6.113324, "relative_strength": -4.692089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.464543, "energy": 26.644271, "activity_lines": [ 7.227333, 7.160727, 7.127667, 7.141832 ] }, { "date": "2026-02-13", "close": 7.16, "volume": 178878608, "typical_volume": 194035313.45, "trend": 7.187921, "fair_value": 6.125301, "relative_strength": -7.298991, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.831488, "energy": 19.869012, "activity_lines": [ 7.226, 7.166182, 7.134476, 7.139787 ] }, { "date": "2026-02-27", "close": 7.19, "volume": 178653297, "typical_volume": 198277510.8, "trend": 7.179927, "fair_value": 6.134706, "relative_strength": -8.642607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.870984, "energy": 27.999479, "activity_lines": [ 7.226, 7.176182, 7.143143, 7.139921 ] }, { "date": "2026-03-06", "close": 7.22, "volume": 249458745, "typical_volume": 206481970.25, "trend": 7.178162, "fair_value": 6.144491, "relative_strength": -7.380515, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.075648, "energy": 23.97905, "activity_lines": [ 7.221333, 7.188727, 7.153, 7.142507 ] }, { "date": "2026-03-13", "close": 7.2, "volume": 179554812, "typical_volume": 204142028.35, "trend": 7.163314, "fair_value": 6.154194, "relative_strength": -6.979304, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.855119, "energy": 10.436122, "activity_lines": [ 7.207333, 7.198, 7.159238, 7.143916 ] }, { "date": "2026-03-20", "close": 7.08, "volume": 190611273, "typical_volume": 204467716.55, "trend": 7.150347, "fair_value": 6.162332, "relative_strength": -5.328269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.013609, "energy": 4.740012, "activity_lines": [ 7.16, 7.182909, 7.153714, 7.138541 ] }, { "date": "2026-03-27", "close": 7.1, "volume": 213896847, "typical_volume": 199480550.35, "trend": 7.1387, "fair_value": 6.172144, "relative_strength": -3.96835, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.289546, "energy": 7.278715, "activity_lines": [ 7.136667, 7.170727, 7.150143, 7.135292 ] }, { "date": "2026-04-03", "close": 7.04, "volume": 142817733, "typical_volume": 193026180.05, "trend": 7.127667, "fair_value": 6.182649, "relative_strength": -3.981445, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.708017, "energy": 10.688645, "activity_lines": [ 7.097333, 7.146364, 7.140619, 7.128925 ] }, { "date": "2026-04-10", "close": 6.27108, "volume": 121192767, "typical_volume": 191527837.15, "trend": 7.089369, "fair_value": 6.188553, "relative_strength": -16.538222, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.915696, "energy": 74.448909, "activity_lines": [ 6.811693, 6.980924, 7.058531, 7.073661 ] }, { "date": "2026-04-17", "close": 6.431647, "volume": 196252413, "typical_volume": 192863027.4, "trend": 7.050758, "fair_value": 6.194878, "relative_strength": -15.566933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.839877, "energy": 81.243345, "activity_lines": [ 6.642837, 6.861203, 6.996302, 7.031227 ] }, { "date": "2026-04-24", "close": 6.610056, "volume": 262367032, "typical_volume": 198860663.95, "trend": 7.035759, "fair_value": 6.202627, "relative_strength": -13.577406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.053805, "energy": 76.808256, "activity_lines": [ 6.584674, 6.78971, 6.953818, 7.002795 ] }, { "date": "2026-05-01", "close": 6.529772, "volume": 186403390, "typical_volume": 197877239.65, "trend": 7.021752, "fair_value": 6.208549, "relative_strength": -15.028428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.185659, "energy": 79.493703, "activity_lines": [ 6.531079, 6.71689, 6.906164, 6.970151 ] }, { "date": "2026-05-08", "close": 6.360284, "volume": 158410065, "typical_volume": 194926478.35, "trend": 7.005761, "fair_value": 6.212964, "relative_strength": -18.25375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.302817, "energy": 80.75426, "activity_lines": [ 6.459003, 6.624714, 6.845132, 6.927475 ] }, { "date": "2026-05-15", "close": 6.395965, "volume": 238725971, "typical_volume": 197351988.7, "trend": 6.990293, "fair_value": 6.217373, "relative_strength": -16.575817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.271419, "energy": 69.648493, "activity_lines": [ 6.444136, 6.55411, 6.790686, 6.888134 ] }, { "date": "2026-05-22", "close": 6.342443, "volume": 195512196, "typical_volume": 200028640.95, "trend": 6.964042, "fair_value": 6.221626, "relative_strength": -16.452891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.868465, "energy": 71.49195, "activity_lines": [ 6.403102, 6.488758, 6.735163, 6.846337 ] }, { "date": "2026-05-29", "close": 6.324602, "volume": 210215048, "typical_volume": 206876747.9, "trend": 6.938528, "fair_value": 6.226889, "relative_strength": -15.38353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.385464, "energy": 64.251096, "activity_lines": [ 6.362068, 6.435754, 6.681357, 6.805083 ] }, { "date": "2026-06-05", "close": 6.29784, "volume": 34608120, "typical_volume": 199562878.95, "trend": 6.913456, "fair_value": 6.232637, "relative_strength": -14.464609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.142692, "energy": 58.765595, "activity_lines": [ 6.331143, 6.391618, 6.628409, 6.763748 ] }, { "date": "2026-06-12", "close": 6.47, "volume": 42957567, "typical_volume": 192117775.35, "trend": 6.88979, "fair_value": 6.240378, "relative_strength": -11.752523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.684314, "energy": 50.327801, "activity_lines": [ 6.373068, 6.393369, 6.595344, 6.735138 ] }, { "date": "2026-06-19", "close": 6.24, "volume": 158443892, "typical_volume": 182673200.05, "trend": 6.85679, "fair_value": 6.247348, "relative_strength": -15.563427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.373508, "energy": 51.570902, "activity_lines": [ 6.331011, 6.363666, 6.542755, 6.693216 ] }, { "date": "2026-06-26", "close": 5.92, "volume": 31662604, "typical_volume": 171485950.05, "trend": 6.820456, "fair_value": 6.251441, "relative_strength": -17.973517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.695505, "energy": 62.033403, "activity_lines": [ 6.192685, 6.276346, 6.464166, 6.632778 ] }, { "date": "2026-07-03", "close": 5.96, "volume": 24634115, "typical_volume": 159762824.75, "trend": 6.781456, "fair_value": 6.256324, "relative_strength": -17.165757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.576859, "energy": 70.928713, "activity_lines": [ 6.095856, 6.205601, 6.395958, 6.577265 ] }, { "date": "2026-07-10", "close": 6.05, "volume": 190809230, "typical_volume": 160359355.85, "trend": 6.746123, "fair_value": 6.262562, "relative_strength": -14.331219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.429008, "energy": 85.078355, "activity_lines": [ 6.053333, 6.163039, 6.342893, 6.530074 ] }, { "date": "2026-07-17", "close": 6.23, "volume": 225352136, "typical_volume": 162694297.8, "trend": 6.719456, "fair_value": 6.26937, "relative_strength": -5.898116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.634726, "energy": 76.84112, "activity_lines": [ 6.087333, 6.161928, 6.312256, 6.496776 ] }, { "date": "2026-07-24", "close": 6.23, "volume": 261469704, "typical_volume": 163294845.75, "trend": 6.68579, "fair_value": 6.276033, "relative_strength": -6.699859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.375045, "energy": 51.314674, "activity_lines": [ 6.137333, 6.163185, 6.286191, 6.465198 ] }, { "date": "2026-07-31", "close": 6.43, "volume": 267331014, "typical_volume": 167683655.85, "trend": 6.66479, "fair_value": 6.284221, "relative_strength": -3.746619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.918138, "energy": 27.691696, "activity_lines": [ 6.254667, 6.203823, 6.283888, 6.448695 ] }, { "date": "2026-08-07", "close": 6.12, "volume": 267050696, "typical_volume": 171505627.0, "trend": 6.634123, "fair_value": 6.290373, "relative_strength": -10.409085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.185782, "energy": 24.822597, "activity_lines": [ 6.234667, 6.186506, 6.255727, 6.413547 ] } ], "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." } } }