{ "ticker": { "uuid": "0e3f2af6-c053-4e5f-a953-a394e4c1d0d4", "symbol": "301332", "name": "Guangdong Deerma Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -55.429, "architecture_energy": 40.811, "architecture_maturity": 84.477, "architecture_confidence": 82.241, "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": 20.53, "rotation_up": 25.15, "upward_expansion": 6.0, "deceleration": 60.73, "rotation_down": 42.61, "downward_expansion": 74.67 }, "activity_lines": [ 7.876, 7.899455, 8.238067, 8.525313 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 7.97, "trend_reference": 8.914889, "distance_from_trend": -0.10599, "trend_direction": "Weakening", "fair_value": 10.278779, "distance_from_fair_value": -0.224616, "fair_value_direction": "Weakening", "relative_strength": -18.662237, "relative_strength_direction": "Improving", "price_momentum": -0.196573, "excess_performance": -0.203972, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.10599, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.060954, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.224616, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.127659, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.186622, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035245, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.196573, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.274425, "read": "Supply-led" } ], "volume": { "latest": 31248822, "relative_activity": 2.769719, "balance": 0.274425, "dry_up": 1.496419, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.074047, "annualized_volatility": 0.280621, "from_high_reference": -0.329125, "from_low_reference": 0.077027 }, "levels": { "trend_reference": 8.914889, "fair_value_reference": 10.278779, "structural_low": 7.4, "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": 8, "median_return": -0.020736, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.062634, "regime_survival": 0.875, "best_return": 0.02199, "worst_return": -0.070872, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.075279, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.226788, "regime_survival": 0.5, "best_return": 0.023785, "worst_return": -0.174342, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.116492, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.358719, "regime_survival": 1.0, "best_return": -0.116492, "worst_return": -0.116492, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.147482, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-03-21", "tenure": "Developing", "return": 0.168969, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.124769, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.159814, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-05", "tenure": "Developing", "return": -0.042009, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": -0.056084, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-11-14", "tenure": "Developing", "return": 0.041372, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-02-13", "tenure": "Established", "return": 0.007239, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.080808, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-08-07", "tenure": "Established", "return": -0.126096, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.348083, "volume": 77214846, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 14.051199, "volume": 62142569, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 14.021947, "volume": 29834018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 14.333979, "volume": 47292747, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 13.826927, "volume": 49584344, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 14.548501, "volume": 54847049, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 14.012196, "volume": 35183759, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 13.778172, "volume": 17077192, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 13.349127, "volume": 14993643, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 13.329625, "volume": 7809411, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 12.842075, "volume": 12230231, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 12.159505, "volume": 10944420, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 12.41303, "volume": 14986675, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 12.296019, "volume": 14842490, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 12.374026, "volume": 10678828, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 12.549544, "volume": 9866513, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 12.325272, "volume": 10932520, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 12.169255, "volume": 15792460, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 12.042493, "volume": 13532720, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 11.905978, "volume": 7831962, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 11.837722, "volume": 10584081, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 11.91573, "volume": 11596206, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 11.905978, "volume": 9389006, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 11.905978, "volume": 14061272, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 10.85287, "volume": 9623108, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 10.696854, "volume": 13834513, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 8.931922, "volume": 11928530, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 8.892918, "volume": 14993974, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 10.336066, "volume": 23482125, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 10.648099, "volume": 81131001, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 10.482331, "volume": 26879386, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 11.13565, "volume": 30955122, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 10.570091, "volume": 20745882, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 10.209304, "volume": 12580899, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 10.18005, "volume": 7910162, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 10.784614, "volume": 22359103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 11.106397, "volume": 76155344, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 10.618846, "volume": 57324127, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 11.262412, "volume": 24423365, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 11.389175, "volume": 45645891, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 11.457433, "volume": 67000028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 10.082541, "volume": 30787580, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 10.033786, "volume": 17090114, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 9.510144, "volume": 17141358, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 9.608696, "volume": 11898840, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 9.046957, "volume": 12824353, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 8.711884, "volume": 15051033, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 8.711884, "volume": 10690022, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 8.652754, "volume": 12933704, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 8.82029, "volume": 16131549, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 9.066667, "volume": 22511561, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 8.869565, "volume": 33660660, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 8.613333, "volume": 14188696, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 8.524637, "volume": 10888165, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 8.150146, "volume": 8696016, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 8.475363, "volume": 11962298, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 8.327536, "volume": 9887501, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 8.08116, "volume": 6923884, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 8.297971, "volume": 5635651, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 9.362319, "volume": 26565304, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 10.525218, "volume": 16057437, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 9.717101, "volume": 44788264, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 10.239421, "volume": 37623422, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 11.510725, "volume": 66542632, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 10.594203, "volume": 115531817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 10.870145, "volume": 48357012, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 10.249275, "volume": 37385037, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 10.249275, "volume": 41540350, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 10.929276, "volume": 31595159, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 10.95884, "volume": 32498653, "typical_volume": 31141975.95, "trend": 9.541618, "fair_value": 11.320162, "relative_strength": -6.445637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.165698, "energy": 34.423387, "activity_lines": [ 10.708522, 10.665518, 10.069678, 9.741075 ] }, { "date": "2024-12-13", "close": 11.175653, "volume": 41635197, "typical_volume": 32098157.75, "trend": 9.532226, "fair_value": 11.318378, "relative_strength": -3.526306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.373001, "energy": 38.272431, "activity_lines": [ 10.883285, 10.773028, 10.221587, 9.846497 ] }, { "date": "2024-12-20", "close": 10.91942, "volume": 30132531, "typical_volume": 31921751.3, "trend": 9.560121, "fair_value": 11.313513, "relative_strength": -4.738299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.129188, "energy": 36.499833, "activity_lines": [ 10.952271, 10.822124, 10.33905, 9.935993 ] }, { "date": "2024-12-27", "close": 10.288695, "volume": 19665622, "typical_volume": 32195597.6, "trend": 9.568618, "fair_value": 11.301165, "relative_strength": -9.840255, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.976423, "energy": 30.606707, "activity_lines": [ 10.766338, 10.734682, 10.386683, 9.982998 ] }, { "date": "2025-01-03", "close": 9.342608, "volume": 15513182, "typical_volume": 32426848.45, "trend": 9.563034, "fair_value": 11.277849, "relative_strength": -11.331303, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.318651, "energy": 11.832443, "activity_lines": [ 10.262415, 10.474329, 10.336235, 9.968416 ] }, { "date": "2025-01-10", "close": 9.273623, "volume": 20412810, "typical_volume": 33012688.15, "trend": 9.551865, "fair_value": 11.25427, "relative_strength": -10.496028, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.742938, "energy": 13.997797, "activity_lines": [ 9.841275, 10.240854, 10.275321, 9.949745 ] }, { "date": "2025-01-17", "close": 9.855072, "volume": 37948634, "typical_volume": 34312004.95, "trend": 9.578802, "fair_value": 11.238, "relative_strength": -7.711075, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.467548, "energy": 19.773688, "activity_lines": [ 9.726299, 10.137106, 10.264433, 9.969306 ] }, { "date": "2025-01-24", "close": 9.795941, "volume": 23438217, "typical_volume": 34989540.75, "trend": 9.614937, "fair_value": 11.221425, "relative_strength": -8.963957, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.31116, "energy": 20.120439, "activity_lines": [ 9.679652, 10.041064, 10.241344, 9.983315 ] }, { "date": "2025-01-31", "close": 9.588985, "volume": 3916769, "typical_volume": 34839185.0, "trend": 9.644174, "fair_value": 11.202874, "relative_strength": -9.226267, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.179552, "energy": 32.718601, "activity_lines": [ 9.638917, 9.915636, 10.191553, 9.981641 ] }, { "date": "2025-02-07", "close": 9.914204, "volume": 11718233, "typical_volume": 35143314.1, "trend": 9.686222, "fair_value": 11.188395, "relative_strength": -9.587681, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.894946, "energy": 14.86871, "activity_lines": [ 9.753237, 9.861344, 10.165554, 9.999062 ] }, { "date": "2025-02-14", "close": 10.042318, "volume": 21798075, "typical_volume": 34904952.65, "trend": 9.726957, "fair_value": 11.175661, "relative_strength": -9.773342, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.381656, "energy": 11.837407, "activity_lines": [ 9.872154, 9.848801, 10.144061, 10.022036 ] }, { "date": "2025-02-21", "close": 10.209855, "volume": 27165858, "typical_volume": 35460373.7, "trend": 9.765063, "fair_value": 11.165048, "relative_strength": -9.934453, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.334748, "energy": 13.534618, "activity_lines": [ 9.995671, 9.883383, 10.135285, 10.053191 ] }, { "date": "2025-02-28", "close": 10.436522, "volume": 63940518, "typical_volume": 36417986.4, "trend": 9.817295, "fair_value": 11.157129, "relative_strength": -4.378194, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.141801, "energy": 21.753695, "activity_lines": [ 10.171092, 9.976738, 10.149598, 10.096511 ] }, { "date": "2025-03-07", "close": 10.495652, "volume": 38630716, "typical_volume": 36468351.1, "trend": 9.880039, "fair_value": 11.150016, "relative_strength": -5.631897, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.177359, "energy": 25.226849, "activity_lines": [ 10.323517, 10.089623, 10.166117, 10.140276 ] }, { "date": "2025-03-14", "close": 10.850435, "volume": 29333443, "typical_volume": 34607891.65, "trend": 9.957565, "fair_value": 11.146829, "relative_strength": -3.329568, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.560435, "energy": 38.254858, "activity_lines": [ 10.533758, 10.263252, 10.215205, 10.202882 ] }, { "date": "2025-03-21", "close": 10.84058, "volume": 37440443, "typical_volume": 30703322.95, "trend": 10.047246, "fair_value": 11.143605, "relative_strength": -0.620344, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.831568, "energy": 48.728172, "activity_lines": [ 10.6783, 10.407673, 10.266498, 10.259851 ] }, { "date": "2025-03-28", "close": 10.663188, "volume": 17419390, "typical_volume": 29156441.85, "trend": 10.120174, "fair_value": 11.138601, "relative_strength": -1.357237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.073616, "energy": 50.377359, "activity_lines": [ 10.710493, 10.491352, 10.299724, 10.299589 ] }, { "date": "2025-04-04", "close": 10.811015, "volume": 19574874, "typical_volume": 28265933.7, "trend": 10.202957, "fair_value": 11.135224, "relative_strength": 2.386868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.642158, "energy": 51.424096, "activity_lines": [ 10.761739, 10.587215, 10.348014, 10.34416 ] }, { "date": "2025-04-11", "close": 9.332754, "volume": 31913243, "typical_volume": 27784578.35, "trend": 10.244676, "fair_value": 11.116831, "relative_strength": -6.450244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 1.845921, "energy": 2.383723, "activity_lines": [ 10.295266, 10.395847, 10.252842, 10.288017 ] }, { "date": "2025-04-18", "close": 9.510144, "volume": 16611226, "typical_volume": 27035381.7, "trend": 10.285082, "fair_value": 11.100602, "relative_strength": -3.747758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.304905, "energy": 29.857552, "activity_lines": [ 9.965449, 10.241391, 10.178929, 10.240628 ] }, { "date": "2025-04-25", "close": 9.864928, "volume": 19673576, "typical_volume": 26394127.85, "trend": 10.301836, "fair_value": 11.088245, "relative_strength": -1.281019, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.729255, "energy": 31.09451, "activity_lines": [ 9.843246, 10.158788, 10.145562, 10.213522 ] }, { "date": "2025-05-02", "close": 9.815652, "volume": 11526095, "typical_volume": 24888672.75, "trend": 10.278184, "fair_value": 11.075646, "relative_strength": -1.257757, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.523621, "energy": 39.029881, "activity_lines": [ 9.769662, 10.070451, 10.112712, 10.182155 ] }, { "date": "2025-05-09", "close": 10.022609, "volume": 16859244, "typical_volume": 24225008.4, "trend": 10.288367, "fair_value": 11.065322, "relative_strength": -1.093761, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.579378, "energy": 42.921773, "activity_lines": [ 9.821565, 10.026909, 10.106048, 10.165666 ] }, { "date": "2025-05-16", "close": 10.160581, "volume": 17888337, "typical_volume": 24136144.15, "trend": 10.285739, "fair_value": 11.056538, "relative_strength": 0.09794, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.523715, "energy": 20.897338, "activity_lines": [ 9.97202, 10.015979, 10.116795, 10.157422 ] }, { "date": "2025-05-23", "close": 10.150724, "volume": 27810447, "typical_volume": 24751007.4, "trend": 10.240406, "fair_value": 11.047828, "relative_strength": 0.598503, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.161067, "energy": 11.675122, "activity_lines": [ 10.064, 10.009349, 10.127213, 10.148711 ] }, { "date": "2025-05-30", "close": 10.071884, "volume": 16996653, "typical_volume": 24580199.55, "trend": 10.222995, "fair_value": 11.038533, "relative_strength": 0.86275, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.598236, "energy": 13.523242, "activity_lines": [ 10.086995, 10.001107, 10.126275, 10.137839 ] }, { "date": "2025-06-06", "close": 10.111304, "volume": 12187400, "typical_volume": 23292137.85, "trend": 10.1977, "fair_value": 11.029786, "relative_strength": -0.098207, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.753033, "energy": 13.565303, "activity_lines": [ 10.109333, 10.014008, 10.125289, 10.130633 ] }, { "date": "2025-06-13", "close": 9.97, "volume": 21314513, "typical_volume": 23185952.65, "trend": 10.188391, "fair_value": 11.019881, "relative_strength": -0.792143, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.321306, "energy": 12.29524, "activity_lines": [ 10.06486, 10.011252, 10.109626, 10.115943 ] }, { "date": "2025-06-20", "close": 9.69, "volume": 11567322, "typical_volume": 23568480.3, "trend": 10.169749, "fair_value": 11.007568, "relative_strength": -2.394184, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.983216, "energy": 26.711176, "activity_lines": [ 9.93056, 9.972877, 10.066467, 10.083788 ] }, { "date": "2025-06-27", "close": 10.31, "volume": 21423378, "typical_volume": 24053737.55, "trend": 10.149106, "fair_value": 11.001168, "relative_strength": 0.096243, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.914997, "energy": 12.50488, "activity_lines": [ 10.034299, 10.040735, 10.081875, 10.092837 ] }, { "date": "2025-07-04", "close": 10.85, "volume": 65912946, "typical_volume": 26259481.1, "trend": 10.145478, "fair_value": 10.999794, "relative_strength": 3.972067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.88709, "energy": 19.811623, "activity_lines": [ 10.30742, 10.192232, 10.146827, 10.138056 ] }, { "date": "2025-07-11", "close": 11.03, "volume": 68142826, "typical_volume": 28308329.5, "trend": 10.140623, "fair_value": 11.000066, "relative_strength": 3.737297, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.280969, "energy": 58.15379, "activity_lines": [ 10.588667, 10.358545, 10.225075, 10.195122 ] }, { "date": "2025-07-18", "close": 10.95, "volume": 23717873, "typical_volume": 26297197.25, "trend": 10.141642, "fair_value": 10.999619, "relative_strength": 0.905608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.054823, "energy": 67.062569, "activity_lines": [ 10.782, 10.488234, 10.291799, 10.24734 ] }, { "date": "2025-07-25", "close": 11.07, "volume": 28250753, "typical_volume": 25778199.1, "trend": 10.167686, "fair_value": 11.000242, "relative_strength": -0.189003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.196782, "energy": 73.518698, "activity_lines": [ 10.95, 10.62288, 10.367507, 10.307234 ] }, { "date": "2025-08-01", "close": 11.02, "volume": 25113894, "typical_volume": 25567221.65, "trend": 10.223599, "fair_value": 11.000415, "relative_strength": 1.025777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.724345, "energy": 71.071659, "activity_lines": [ 11.009333, 10.7319, 10.435717, 10.362222 ] }, { "date": "2025-08-08", "close": 11.3, "volume": 47205329, "typical_volume": 26055465.95, "trend": 10.291145, "fair_value": 11.00302, "relative_strength": 2.335498, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.263352, "energy": 68.327018, "activity_lines": [ 11.114667, 10.876024, 10.529787, 10.431667 ] }, { "date": "2025-08-15", "close": 11.18, "volume": 38571646, "typical_volume": 27113078.75, "trend": 10.335309, "fair_value": 11.004546, "relative_strength": -3.041861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.731078, "energy": 53.557754, "activity_lines": [ 11.15, 10.976, 10.61024, 10.489012 ] }, { "date": "2025-08-22", "close": 11.15, "volume": 26002083, "typical_volume": 27434439.2, "trend": 10.380444, "fair_value": 11.005789, "relative_strength": -7.382501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.590229, "energy": 44.640963, "activity_lines": [ 11.165333, 11.051091, 10.685375, 10.541573 ] }, { "date": "2025-08-29", "close": 10.67, "volume": 33348670, "typical_volume": 27506210.55, "trend": 10.416478, "fair_value": 11.002943, "relative_strength": -14.780651, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.764249, "energy": 31.4001, "activity_lines": [ 11.007333, 11.017455, 10.713182, 10.560254 ] }, { "date": "2025-09-05", "close": 10.49, "volume": 27472537, "typical_volume": 28049276.1, "trend": 10.435672, "fair_value": 10.998633, "relative_strength": -15.199738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.346899, "energy": 17.502451, "activity_lines": [ 10.816, 10.933273, 10.717478, 10.564997 ] }, { "date": "2025-09-12", "close": 10.52, "volume": 19441975, "typical_volume": 28037696.05, "trend": 10.451594, "fair_value": 10.994644, "relative_strength": -16.829438, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.995845, "energy": 17.662907, "activity_lines": [ 10.67, 10.851273, 10.719965, 10.570438 ] }, { "date": "2025-09-19", "close": 10.27, "volume": 23999158, "typical_volume": 28661349.2, "trend": 10.453599, "fair_value": 10.988655, "relative_strength": -19.334003, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.958936, "energy": 17.379054, "activity_lines": [ 10.492667, 10.729818, 10.695524, 10.558722 ] }, { "date": "2025-09-26", "close": 10.0, "volume": 25568591, "typical_volume": 29096816.55, "trend": 10.439048, "fair_value": 10.980552, "relative_strength": -21.926387, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.605913, "energy": 27.780357, "activity_lines": [ 10.286, 10.573091, 10.643204, 10.529458 ] }, { "date": "2025-10-03", "close": 9.93, "volume": 9041523, "typical_volume": 28654475.85, "trend": 10.420193, "fair_value": 10.972011, "relative_strength": -23.892033, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.359648, "energy": 43.248742, "activity_lines": [ 10.132667, 10.420909, 10.584326, 10.496616 ] }, { "date": "2025-10-10", "close": 9.91, "volume": 8988427, "typical_volume": 27713374.85, "trend": 10.388845, "fair_value": 10.963446, "relative_strength": -22.727483, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.322727, "energy": 55.87835, "activity_lines": [ 10.022, 10.285818, 10.52464, 10.4637 ] }, { "date": "2025-10-17", "close": 9.55, "volume": 24431016, "typical_volume": 28085093.0, "trend": 10.345826, "fair_value": 10.952138, "relative_strength": -21.25118, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.786896, "energy": 63.852255, "activity_lines": [ 9.83, 10.105455, 10.431816, 10.409581 ] }, { "date": "2025-10-24", "close": 9.84, "volume": 17007064, "typical_volume": 28326076.2, "trend": 10.318387, "fair_value": 10.943312, "relative_strength": -21.985637, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.205689, "energy": 58.653494, "activity_lines": [ 9.799333, 10.009636, 10.369095, 10.376947 ] }, { "date": "2025-10-31", "close": 9.86, "volume": 24457205, "typical_volume": 28483210.8, "trend": 10.286686, "fair_value": 10.934782, "relative_strength": -21.910217, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.909565, "energy": 50.239007, "activity_lines": [ 9.804, 9.941818, 10.309571, 10.347374 ] }, { "date": "2025-11-07", "close": 10.08, "volume": 23364993, "typical_volume": 29073094.35, "trend": 10.311594, "fair_value": 10.928104, "relative_strength": -19.959967, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.496176, "energy": 32.301215, "activity_lines": [ 9.891333, 9.937455, 10.271524, 10.334039 ] }, { "date": "2025-11-14", "close": 10.32, "volume": 27302689, "typical_volume": 29367059.9, "trend": 10.338589, "fair_value": 10.92339, "relative_strength": -16.593648, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -40.578703, "energy": 24.109119, "activity_lines": [ 10.048667, 9.987455, 10.254476, 10.334582 ] }, { "date": "2025-11-21", "close": 9.67, "volume": 23034703, "typical_volume": 27223147.75, "trend": 10.332092, "fair_value": 10.913748, "relative_strength": -17.263143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.099848, "energy": 28.937811, "activity_lines": [ 9.962, 9.922364, 10.175476, 10.291447 ] }, { "date": "2025-11-28", "close": 9.82, "volume": 16155973, "typical_volume": 24623805.1, "trend": 10.332237, "fair_value": 10.905399, "relative_strength": -18.405301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.10902, "energy": 27.719027, "activity_lines": [ 9.917333, 9.9, 10.116381, 10.258409 ] }, { "date": "2025-12-05", "close": 9.8, "volume": 13629950, "typical_volume": 24119408.95, "trend": 10.324816, "fair_value": 10.897025, "relative_strength": -19.131472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.385244, "energy": 36.773658, "activity_lines": [ 9.867333, 9.882182, 10.061143, 10.224071 ] }, { "date": "2025-12-12", "close": 9.4, "volume": 18976104, "typical_volume": 23655676.5, "trend": 10.299464, "fair_value": 10.885769, "relative_strength": -22.539488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.514066, "energy": 68.254178, "activity_lines": [ 9.688, 9.795273, 9.973286, 10.164405 ] }, { "date": "2025-12-19", "close": 9.55, "volume": 14339008, "typical_volume": 23116932.2, "trend": 10.27944, "fair_value": 10.875801, "relative_strength": -20.094273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.545813, "energy": 68.233685, "activity_lines": [ 9.604, 9.745273, 9.907667, 10.116053 ] }, { "date": "2025-12-26", "close": 9.37, "volume": 16055800, "typical_volume": 21559455.75, "trend": 10.256043, "fair_value": 10.864647, "relative_strength": -23.827402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.79494, "energy": 77.172706, "activity_lines": [ 9.511333, 9.669091, 9.831905, 10.057379 ] }, { "date": "2026-01-02", "close": 9.34, "volume": 8444719, "typical_volume": 20053109.4, "trend": 10.230333, "fair_value": 10.853436, "relative_strength": -23.214698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.135334, "energy": 77.93455, "activity_lines": [ 9.428667, 9.590727, 9.762476, 9.99828 ] }, { "date": "2026-01-09", "close": 9.58, "volume": 19623197, "typical_volume": 19734165.1, "trend": 10.217333, "fair_value": 10.844141, "relative_strength": -24.12595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.289163, "energy": 58.455905, "activity_lines": [ 9.458, 9.565091, 9.724667, 9.956323 ] }, { "date": "2026-01-16", "close": 9.76, "volume": 24472237, "typical_volume": 19290343.45, "trend": 10.219667, "fair_value": 10.836285, "relative_strength": -23.097675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.43777, "energy": 41.573476, "activity_lines": [ 9.562, 9.577273, 9.711476, 9.926817 ] }, { "date": "2026-01-23", "close": 9.93, "volume": 17028570, "typical_volume": 18768145.1, "trend": 10.207, "fair_value": 10.829765, "relative_strength": -22.172771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.696876, "energy": 22.899986, "activity_lines": [ 9.698667, 9.626182, 9.71881, 9.908129 ] }, { "date": "2026-01-30", "close": 9.92, "volume": 18667865, "typical_volume": 18729439.6, "trend": 10.176, "fair_value": 10.823266, "relative_strength": -20.546574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.837458, "energy": 21.306673, "activity_lines": [ 9.806667, 9.680364, 9.727857, 9.889613 ] }, { "date": "2026-02-06", "close": 9.91, "volume": 18579502, "typical_volume": 18458456.8, "trend": 10.138667, "fair_value": 10.816789, "relative_strength": -18.518373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.849084, "energy": 20.505391, "activity_lines": [ 9.874667, 9.728182, 9.73881, 9.872452 ] }, { "date": "2026-02-13", "close": 9.74, "volume": 17212772, "typical_volume": 18040665.85, "trend": 10.098333, "fair_value": 10.809206, "relative_strength": -20.589827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.548112, "energy": 15.096295, "activity_lines": [ 9.848, 9.743455, 9.735286, 9.846731 ] }, { "date": "2026-02-27", "close": 9.9, "volume": 10899224, "typical_volume": 18133550.9, "trend": 10.059333, "fair_value": 10.802848, "relative_strength": -21.055136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.943449, "energy": 12.192076, "activity_lines": [ 9.864, 9.788909, 9.748238, 9.833935 ] }, { "date": "2026-03-06", "close": 9.55, "volume": 18769921, "typical_volume": 18622625.6, "trend": 10.010333, "fair_value": 10.794148, "relative_strength": -21.573543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.646793, "energy": 16.237524, "activity_lines": [ 9.754, 9.761636, 9.728, 9.801075 ] }, { "date": "2026-03-13", "close": 9.55, "volume": 14208773, "typical_volume": 18111513.45, "trend": 9.952, "fair_value": 10.785568, "relative_strength": -21.642788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.108086, "energy": 24.315702, "activity_lines": [ 9.669333, 9.734364, 9.709476, 9.771376 ] }, { "date": "2026-03-20", "close": 9.1, "volume": 12797614, "typical_volume": 17901040.95, "trend": 9.882667, "fair_value": 10.774023, "relative_strength": -22.522882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.996963, "energy": 62.278223, "activity_lines": [ 9.459333, 9.622, 9.648095, 9.716409 ] }, { "date": "2026-03-27", "close": 9.12, "volume": 15597144, "typical_volume": 17458037.9, "trend": 9.815, "fair_value": 10.762771, "relative_strength": -21.125912, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.81907, "energy": 70.226968, "activity_lines": [ 9.31, 9.517636, 9.592143, 9.667204 ] }, { "date": "2026-04-03", "close": 8.730108, "volume": 11229108, "typical_volume": 16851243.65, "trend": 9.750337, "fair_value": 10.749037, "relative_strength": -21.562985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.364748, "energy": 82.558944, "activity_lines": [ 9.072036, 9.350747, 9.502582, 9.597211 ] }, { "date": "2026-04-10", "close": 9.162194, "volume": 7289777, "typical_volume": 15850598.05, "trend": 9.706077, "fair_value": 10.738387, "relative_strength": -22.463446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.974913, "energy": 73.892467, "activity_lines": [ 9.056093, 9.281144, 9.4606, 9.559267 ] }, { "date": "2026-04-17", "close": 9.181835, "volume": 8356900, "typical_volume": 15116707.9, "trend": 9.661471, "fair_value": 10.72801, "relative_strength": -24.721438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.294716, "energy": 63.697942, "activity_lines": [ 9.072552, 9.229072, 9.426002, 9.525445 ] }, { "date": "2026-04-24", "close": 9.122914, "volume": 9780096, "typical_volume": 14797914.05, "trend": 9.623235, "fair_value": 10.71738, "relative_strength": -24.84139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.310336, "energy": 45.683663, "activity_lines": [ 9.093914, 9.179708, 9.388117, 9.490699 ] }, { "date": "2026-05-01", "close": 9.191654, "volume": 12876873, "typical_volume": 14760260.2, "trend": 9.59629, "fair_value": 10.707342, "relative_strength": -24.422284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.127587, "energy": 33.141308, "activity_lines": [ 9.136662, 9.157154, 9.360098, 9.462855 ] }, { "date": "2026-05-08", "close": 9.663022, "volume": 14578269, "typical_volume": 14540368.45, "trend": 9.587391, "fair_value": 10.700517, "relative_strength": -22.186708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.540197, "energy": 13.433078, "activity_lines": [ 9.331755, 9.230272, 9.379868, 9.46716 ] }, { "date": "2026-05-15", "close": 9.083633, "volume": 22287863, "typical_volume": 14937811.2, "trend": 9.559845, "fair_value": 10.690017, "relative_strength": -26.117997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.957523, "energy": 18.164782, "activity_lines": [ 9.271525, 9.202356, 9.343206, 9.43466 ] }, { "date": "2026-05-22", "close": 8.857771, "volume": 13382509, "typical_volume": 14804146.65, "trend": 9.536771, "fair_value": 10.678196, "relative_strength": -27.360346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.625005, "energy": 28.748259, "activity_lines": [ 9.141245, 9.141853, 9.287253, 9.389365 ] }, { "date": "2026-05-29", "close": 8.543526, "volume": 16222201, "typical_volume": 15193020.75, "trend": 9.493555, "fair_value": 10.664513, "relative_strength": -29.046545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.120692, "energy": 40.778958, "activity_lines": [ 8.927821, 9.036801, 9.203812, 9.325284 ] }, { "date": "2026-06-05", "close": 8.35, "volume": 2236545, "typical_volume": 14323688.15, "trend": 9.443222, "fair_value": 10.626341, "relative_strength": -28.661984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.137505, "energy": 74.062985, "activity_lines": [ 8.688514, 8.90668, 9.105733, 9.251507 ] }, { "date": "2026-06-12", "close": 8.51, "volume": 2615900, "typical_volume": 13230871.3, "trend": 9.390889, "fair_value": 10.592071, "relative_strength": -24.785409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.231059, "energy": 74.329696, "activity_lines": [ 8.55865, 8.81965, 9.028749, 9.191299 ] }, { "date": "2026-06-19", "close": 8.23, "volume": 8637460, "typical_volume": 12811315.8, "trend": 9.321222, "fair_value": 10.555005, "relative_strength": -31.278789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.664411, "energy": 80.533481, "activity_lines": [ 8.412322, 8.685712, 8.931051, 9.116403 ] }, { "date": "2026-06-26", "close": 7.53, "volume": 2581710, "typical_volume": 12007008.05, "trend": 9.249889, "fair_value": 10.516641, "relative_strength": -35.31569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.442949, "energy": 91.062485, "activity_lines": [ 8.089568, 8.441451, 8.774781, 9.00084 ] }, { "date": "2026-07-03", "close": 8.05, "volume": 2917066, "typical_volume": 11223886.25, "trend": 9.190889, "fair_value": 10.479047, "relative_strength": -29.148215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.092055, "energy": 79.198969, "activity_lines": [ 8.028667, 8.321769, 8.679416, 8.923428 ] }, { "date": "2026-07-10", "close": 7.76, "volume": 7524476, "typical_volume": 10739471.45, "trend": 9.122889, "fair_value": 10.441156, "relative_strength": -28.221069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.587417, "energy": 81.317066, "activity_lines": [ 7.904, 8.168867, 8.565289, 8.831112 ] }, { "date": "2026-07-17", "close": 7.89, "volume": 11806360, "typical_volume": 10784828.25, "trend": 9.072555, "fair_value": 10.402411, "relative_strength": -18.895968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.305015, "energy": 66.967997, "activity_lines": [ 7.862, 8.065632, 8.472972, 8.751571 ] }, { "date": "2026-07-24", "close": 7.49, "volume": 10391193, "typical_volume": 10365891.85, "trend": 9.003889, "fair_value": 10.36129, "relative_strength": -22.420636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.607513, "energy": 59.517419, "activity_lines": [ 7.728, 7.921906, 8.35213, 8.649471 ] }, { "date": "2026-07-31", "close": 8.07, "volume": 14085856, "typical_volume": 10359746.0, "trend": 8.960555, "fair_value": 10.318949, "relative_strength": -14.274629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.180621, "energy": 47.246881, "activity_lines": [ 7.836667, 7.91261, 8.296337, 8.58922 ] }, { "date": "2026-08-07", "close": 7.97, "volume": 31248822, "typical_volume": 11282306.4, "trend": 8.914889, "fair_value": 10.278779, "relative_strength": -18.662237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.429216, "energy": 40.810957, "activity_lines": [ 7.876, 7.899455, 8.238067, 8.525313 ] } ], "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." } } }