{ "ticker": { "uuid": "0f78adcb-f924-412e-a289-6ca137d84d37", "symbol": "002727", "name": "Yixintang Pharmaceutical Group 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": -31.209, "architecture_energy": 26.425, "architecture_maturity": 98.015, "architecture_confidence": 78.169, "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": 36.1, "rotation_up": 36.86, "upward_expansion": 21.84, "deceleration": 44.17, "rotation_down": 25.03, "downward_expansion": 58.17 }, "activity_lines": [ 11.272667, 10.969636, 11.24023, 11.602221 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 11.36, "trend_reference": 12.119759, "distance_from_trend": -0.062688, "trend_direction": "Weakening", "fair_value": 15.143005, "distance_from_fair_value": -0.249819, "fair_value_direction": "Weakening", "relative_strength": -14.475833, "relative_strength_direction": "Improving", "price_momentum": -0.177554, "excess_performance": -0.184954, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.062688, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056152, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.249819, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.019858, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.144758, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.128762, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.177554, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.974843, "read": "Supply-led" } ], "volume": { "latest": 42977498, "relative_activity": 1.428831, "balance": 0.974843, "dry_up": 1.788306, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.067425, "annualized_volatility": 0.29161, "from_high_reference": -0.251214, "from_low_reference": 0.150963 }, "levels": { "trend_reference": 12.119759, "fair_value_reference": 15.143005, "structural_low": 9.87, "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": 32, "median_return": -0.011167, "positive_rate": 0.40625, "directional_follow_through": 0.59375, "median_excess_return": -0.021515, "regime_survival": 0.8125, "best_return": 0.174729, "worst_return": -0.146067, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.006886, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": -0.01642, "regime_survival": 0.454545, "best_return": 0.117363, "worst_return": -0.161445, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.054041, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.080016, "regime_survival": 0.333333, "best_return": 0.093113, "worst_return": -0.305973, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.240098, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.11463, "regime_survival": 0.0, "best_return": 0.05826, "worst_return": -0.325696, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-04-26", "tenure": "Established", "return": 0.009202, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.074478, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-24", "end": "2024-06-21", "tenure": "Developing", "return": -0.265948, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-10-25", "tenure": "Established", "return": -0.080848, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2025-01-10", "tenure": "Developing", "return": -0.185871, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.067048, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-05-09", "tenure": "Developing", "return": 0.092379, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.379536, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": -0.02323, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-10-03", "tenure": "Developing", "return": -0.033185, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": -0.044872, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-01-23", "tenure": "Developing", "return": 0.036928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-27", "tenure": "Developing", "return": -0.105263, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.074913, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 23.719046, "volume": 17821501, "typical_volume": 27109064.45, "trend": 27.833636, "fair_value": 29.331929, "relative_strength": -10.02112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.276091, "energy": 82.849727, "activity_lines": [ 23.649888, 24.163894, 25.205854, 26.456815 ] }, { "date": "2023-08-04", "close": 24.747057, "volume": 41994696, "typical_volume": 27648792.25, "trend": 27.691414, "fair_value": 29.293734, "relative_strength": -7.530571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.328747, "energy": 65.361667, "activity_lines": [ 23.970129, 24.198557, 25.024387, 26.257681 ] }, { "date": "2023-08-11", "close": 23.485405, "volume": 28163049, "typical_volume": 27531370.65, "trend": 27.464475, "fair_value": 29.266432, "relative_strength": -8.978631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.515669, "energy": 52.325316, "activity_lines": [ 23.864836, 24.014874, 24.755181, 25.986326 ] }, { "date": "2023-08-18", "close": 21.934042, "volume": 27906040, "typical_volume": 27813807.35, "trend": 27.174467, "fair_value": 29.222954, "relative_strength": -12.260374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.775814, "energy": 60.611682, "activity_lines": [ 23.256128, 23.582769, 24.376127, 25.629524 ] }, { "date": "2023-08-25", "close": 21.261162, "volume": 27871337, "typical_volume": 27449441.6, "trend": 26.893337, "fair_value": 29.170491, "relative_strength": -12.354205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.705613, "energy": 66.019945, "activity_lines": [ 22.51409, 23.086095, 23.983934, 25.24802 ] }, { "date": "2023-09-01", "close": 20.859303, "volume": 25302418, "typical_volume": 26921135.95, "trend": 26.639632, "fair_value": 29.111644, "relative_strength": -16.725462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.976052, "energy": 84.581066, "activity_lines": [ 21.790744, 22.600806, 23.597664, 24.858728 ] }, { "date": "2023-09-08", "close": 20.382677, "volume": 25270857, "typical_volume": 26199054.5, "trend": 26.372188, "fair_value": 29.039993, "relative_strength": -17.139892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.436134, "energy": 90.213902, "activity_lines": [ 21.099171, 22.102772, 23.213689, 24.455053 ] }, { "date": "2023-09-15", "close": 21.681713, "volume": 37599083, "typical_volume": 25161622.2, "trend": 26.04676, "fair_value": 28.947767, "relative_strength": -10.701936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.049298, "energy": 82.139145, "activity_lines": [ 21.13157, 21.918919, 22.982254, 24.152442 ] }, { "date": "2023-09-22", "close": 21.700401, "volume": 20113113, "typical_volume": 25566889.25, "trend": 25.720113, "fair_value": 28.844759, "relative_strength": -11.038498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.53573, "energy": 60.866007, "activity_lines": [ 21.290444, 21.774997, 22.776025, 23.872032 ] }, { "date": "2023-09-29", "close": 21.672367, "volume": 15776405, "typical_volume": 24923275.7, "trend": 25.392225, "fair_value": 28.757262, "relative_strength": -10.692786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.156084, "energy": 53.729192, "activity_lines": [ 21.455549, 21.655034, 22.59064, 23.610887 ] }, { "date": "2023-10-13", "close": 20.952759, "volume": 20501199, "typical_volume": 24275874.95, "trend": 25.057538, "fair_value": 28.664055, "relative_strength": -13.378459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.111789, "energy": 51.353428, "activity_lines": [ 21.353371, 21.438387, 22.35664, 23.324469 ] }, { "date": "2023-10-20", "close": 19.896709, "volume": 23586115, "typical_volume": 24429142.1, "trend": 24.668927, "fair_value": 28.558772, "relative_strength": -13.474041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.519034, "energy": 57.946064, "activity_lines": [ 20.892946, 21.080028, 22.040893, 22.991513 ] }, { "date": "2023-10-27", "close": 20.924721, "volume": 21491169, "typical_volume": 24375323.0, "trend": 24.318266, "fair_value": 28.466771, "relative_strength": -10.82723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.824442, "energy": 50.00677, "activity_lines": [ 20.80759, 20.996767, 21.849042, 22.749951 ] }, { "date": "2023-11-03", "close": 20.971449, "volume": 82812589, "typical_volume": 27303141.65, "trend": 23.929569, "fair_value": 28.374319, "relative_strength": -11.235534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.265612, "energy": 46.078641, "activity_lines": [ 20.788276, 20.96856, 21.682646, 22.534027 ] }, { "date": "2023-11-10", "close": 23.915302, "volume": 98970673, "typical_volume": 30520512.4, "trend": 23.708672, "fair_value": 28.297392, "relative_strength": -0.037263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.530463, "energy": 16.112419, "activity_lines": [ 21.798843, 21.493101, 21.816333, 22.533107 ] }, { "date": "2023-11-17", "close": 23.027472, "volume": 88663740, "typical_volume": 34353490.7, "trend": 23.447132, "fair_value": 28.24056, "relative_strength": -3.596142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.398261, "energy": 16.910417, "activity_lines": [ 22.363938, 21.807962, 21.874942, 22.489159 ] }, { "date": "2023-11-24", "close": 24.279778, "volume": 64534073, "typical_volume": 36262703.65, "trend": 23.375274, "fair_value": 28.16395, "relative_strength": 3.098511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.606891, "energy": 26.608375, "activity_lines": [ 23.208154, 22.311093, 22.061854, 22.542878 ] }, { "date": "2023-12-01", "close": 23.756428, "volume": 56504438, "typical_volume": 37872803.4, "trend": 23.280446, "fair_value": 28.096447, "relative_strength": 2.459451, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.863481, "energy": 35.685891, "activity_lines": [ 23.585715, 22.648213, 22.200791, 22.567468 ] }, { "date": "2023-12-08", "close": 22.214409, "volume": 36151866, "typical_volume": 39020137.7, "trend": 23.13299, "fair_value": 28.023384, "relative_strength": -2.304152, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.491474, "energy": 27.315543, "activity_lines": [ 23.260489, 22.667244, 22.192558, 22.498692 ] }, { "date": "2023-12-15", "close": 21.438728, "volume": 25813420, "typical_volume": 39342389.05, "trend": 22.985766, "fair_value": 27.942639, "relative_strength": -3.418816, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -18.034427, "energy": 14.259571, "activity_lines": [ 22.593839, 22.535897, 22.115613, 22.389384 ] }, { "date": "2023-12-22", "close": 20.803228, "volume": 24644357, "typical_volume": 39683531.85, "trend": 22.848973, "fair_value": 27.847205, "relative_strength": -4.21447, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.712338, "energy": 26.738846, "activity_lines": [ 21.880461, 22.293252, 21.988202, 22.248576 ] }, { "date": "2023-12-29", "close": 21.644329, "volume": 29590404, "typical_volume": 39063317.25, "trend": 22.7253, "fair_value": 27.741356, "relative_strength": -3.137321, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.425816, "energy": 29.506422, "activity_lines": [ 21.595732, 22.206253, 21.95478, 22.170857 ] }, { "date": "2024-01-05", "close": 21.821896, "volume": 30829846, "typical_volume": 39196657.1, "trend": 22.608169, "fair_value": 27.646453, "relative_strength": 2.171671, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.599122, "energy": 28.510253, "activity_lines": [ 21.54589, 22.119764, 21.953045, 22.112572 ] }, { "date": "2024-01-12", "close": 20.560244, "volume": 20651746, "typical_volume": 38833942.4, "trend": 22.456459, "fair_value": 27.570113, "relative_strength": -2.169736, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.5367, "energy": 44.183965, "activity_lines": [ 21.204465, 21.787572, 21.839073, 21.980448 ] }, { "date": "2024-01-19", "close": 19.438776, "volume": 23604943, "typical_volume": 38620622.7, "trend": 22.240888, "fair_value": 27.501238, "relative_strength": -4.949238, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.317317, "energy": 58.441495, "activity_lines": [ 20.599495, 21.258952, 21.624837, 21.785759 ] }, { "date": "2024-01-26", "close": 18.279926, "volume": 34439567, "typical_volume": 39077480.15, "trend": 22.019398, "fair_value": 27.42626, "relative_strength": -9.951542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.482006, "energy": 72.306639, "activity_lines": [ 19.741572, 20.601025, 21.308913, 21.530213 ] }, { "date": "2024-02-02", "close": 16.522959, "volume": 35868626, "typical_volume": 39607368.6, "trend": 21.747754, "fair_value": 27.340539, "relative_strength": -11.152304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.248665, "energy": 85.912514, "activity_lines": [ 18.466214, 19.709967, 20.837941, 21.175604 ] }, { "date": "2024-02-09", "close": 17.840687, "volume": 43878111, "typical_volume": 39921320.0, "trend": 21.552743, "fair_value": 27.247228, "relative_strength": -12.136623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.320766, "energy": 81.681197, "activity_lines": [ 17.971523, 19.19953, 20.510846, 20.923535 ] }, { "date": "2024-02-23", "close": 18.036942, "volume": 44532813, "typical_volume": 41142305.0, "trend": 21.377358, "fair_value": 27.146234, "relative_strength": -13.329856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.337053, "energy": 80.239035, "activity_lines": [ 17.807664, 18.832334, 20.220733, 20.696709 ] }, { "date": "2024-03-01", "close": 18.111704, "volume": 45024325, "typical_volume": 42604701.0, "trend": 21.196054, "fair_value": 27.040354, "relative_strength": -15.801238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.244187, "energy": 74.476348, "activity_lines": [ 17.836946, 18.554686, 19.955185, 20.486022 ] }, { "date": "2024-03-08", "close": 17.336023, "volume": 36658935, "typical_volume": 43412587.8, "trend": 20.983287, "fair_value": 26.91133, "relative_strength": -18.275511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.7544, "energy": 54.63432, "activity_lines": [ 17.696139, 18.196495, 19.632719, 20.236988 ] }, { "date": "2024-03-15", "close": 17.831337, "volume": 39726321, "typical_volume": 44219598.1, "trend": 20.752763, "fair_value": 26.756464, "relative_strength": -17.508547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.523299, "energy": 47.719944, "activity_lines": [ 17.783364, 17.991402, 19.374648, 20.033636 ] }, { "date": "2024-03-22", "close": 18.027596, "volume": 64888581, "typical_volume": 46389468.7, "trend": 20.570836, "fair_value": 26.612721, "relative_strength": -15.594396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.773355, "energy": 43.414739, "activity_lines": [ 17.848783, 17.89132, 19.145103, 19.857819 ] }, { "date": "2024-03-29", "close": 17.831337, "volume": 44601743, "typical_volume": 44478926.4, "trend": 20.434079, "fair_value": 26.484795, "relative_strength": -14.386063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.452504, "energy": 37.625719, "activity_lines": [ 17.836322, 17.824541, 18.910662, 19.681077 ] }, { "date": "2024-04-05", "close": 18.074322, "volume": 16059389, "typical_volume": 40333362.2, "trend": 20.327851, "fair_value": 26.359523, "relative_strength": -13.923385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.235429, "energy": 33.100931, "activity_lines": [ 17.918563, 17.851558, 18.714316, 19.528835 ] }, { "date": "2024-04-12", "close": 18.812624, "volume": 51051395, "typical_volume": 38452744.95, "trend": 20.259628, "fair_value": 26.253521, "relative_strength": -6.727394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.155637, "energy": 25.873923, "activity_lines": [ 18.249397, 18.03762, 18.616099, 19.431078 ] }, { "date": "2024-04-19", "close": 19.177099, "volume": 42268171, "typical_volume": 37339449.85, "trend": 20.219442, "fair_value": 26.105436, "relative_strength": -5.039657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.747084, "energy": 18.176907, "activity_lines": [ 18.603282, 18.280265, 18.572664, 19.361238 ] }, { "date": "2024-04-26", "close": 18.448147, "volume": 26230617, "typical_volume": 35825758.8, "trend": 20.111657, "fair_value": 25.966235, "relative_strength": -9.89855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.473212, "energy": 18.462902, "activity_lines": [ 18.624466, 18.342116, 18.484104, 19.246961 ] }, { "date": "2024-05-03", "close": 19.700451, "volume": 25971325, "typical_volume": 35316731.75, "trend": 20.044992, "fair_value": 25.819255, "relative_strength": -4.804037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.089373, "energy": 13.363065, "activity_lines": [ 19.035047, 18.620614, 18.540088, 19.220431 ] }, { "date": "2024-05-10", "close": 20.457443, "volume": 37504388, "typical_volume": 35901280.15, "trend": 20.004494, "fair_value": 25.686473, "relative_strength": -2.398142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.991101, "energy": 20.375104, "activity_lines": [ 19.573352, 19.006501, 18.680138, 19.247041 ] }, { "date": "2024-05-17", "close": 21.167706, "volume": 35670071, "typical_volume": 36452565.85, "trend": 20.011659, "fair_value": 25.562282, "relative_strength": 1.400657, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.416388, "energy": 52.512322, "activity_lines": [ 20.189537, 19.478877, 18.892505, 19.322087 ] }, { "date": "2024-05-24", "close": 20.578936, "volume": 27193918, "typical_volume": 36332741.55, "trend": 20.0344, "fair_value": 25.43836, "relative_strength": 1.710435, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.503328, "energy": 55.392984, "activity_lines": [ 20.452459, 19.774537, 19.047063, 19.358685 ] }, { "date": "2024-05-31", "close": 19.763544, "volume": 22898498, "typical_volume": 35936174.15, "trend": 19.995694, "fair_value": 25.326987, "relative_strength": -1.572513, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.745821, "energy": 50.676712, "activity_lines": [ 20.350128, 19.871987, 19.129038, 19.341211 ] }, { "date": "2024-06-07", "close": 17.096657, "volume": 73506293, "typical_volume": 38578901.5, "trend": 19.866534, "fair_value": 25.211183, "relative_strength": -13.484291, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -42.534425, "energy": 20.071467, "activity_lines": [ 19.271142, 19.452987, 18.966825, 19.154176 ] }, { "date": "2024-06-14", "close": 15.906083, "volume": 50400258, "typical_volume": 39918667.25, "trend": 19.59956, "fair_value": 25.083855, "relative_strength": -19.053057, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -64.116337, "energy": 44.954625, "activity_lines": [ 17.968884, 18.830876, 18.707718, 18.898663 ] }, { "date": "2024-06-21", "close": 15.106014, "volume": 45782754, "typical_volume": 40485826.6, "trend": 19.335512, "fair_value": 24.964179, "relative_strength": -21.063554, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -81.886279, "energy": 74.70624, "activity_lines": [ 16.70336, 18.10272, 18.389236, 18.608757 ] }, { "date": "2024-06-28", "close": 14.37262, "volume": 43488405, "typical_volume": 40866815.55, "trend": 19.005273, "fair_value": 24.829403, "relative_strength": -22.591091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.167611, "energy": 91.860953, "activity_lines": [ 15.597484, 17.308613, 18.016021, 18.28857 ] }, { "date": "2024-07-05", "close": 14.134506, "volume": 44337052, "typical_volume": 40889762.6, "trend": 18.684542, "fair_value": 24.699897, "relative_strength": -22.084042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.521783, "energy": 92.206329, "activity_lines": [ 14.825992, 16.558567, 17.630367, 17.974327 ] }, { "date": "2024-07-12", "close": 12.896307, "volume": 56238307, "typical_volume": 41475037.3, "trend": 18.373939, "fair_value": 24.577616, "relative_strength": -29.676152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.650286, "energy": 94.684353, "activity_lines": [ 14.017035, 15.661824, 17.144439, 17.600893 ] }, { "date": "2024-07-19", "close": 12.972505, "volume": 33201573, "typical_volume": 40883899.7, "trend": 18.091732, "fair_value": 24.461691, "relative_strength": -29.178553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.883557, "energy": 91.760811, "activity_lines": [ 13.513502, 14.902646, 16.690247, 17.252413 ] }, { "date": "2024-07-26", "close": 12.877258, "volume": 34822033, "typical_volume": 40792054.6, "trend": 17.827533, "fair_value": 24.347073, "relative_strength": -26.781849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.934574, "energy": 89.043543, "activity_lines": [ 13.173791, 14.262241, 16.251456, 16.915996 ] }, { "date": "2024-08-02", "close": 12.686766, "volume": 52952510, "typical_volume": 41453364.05, "trend": 17.528947, "fair_value": 24.235183, "relative_strength": -27.020046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.001847, "energy": 87.786071, "activity_lines": [ 12.919166, 13.737936, 15.815755, 16.584333 ] }, { "date": "2024-08-09", "close": 12.477226, "volume": 71635061, "typical_volume": 41790688.05, "trend": 17.217458, "fair_value": 24.124391, "relative_strength": -26.405707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.836681, "energy": 83.277892, "activity_lines": [ 12.707086, 13.319027, 15.384596, 16.258416 ] }, { "date": "2024-08-16", "close": 12.029569, "volume": 44194164, "typical_volume": 41770309.1, "trend": 16.933102, "fair_value": 24.007475, "relative_strength": -28.152843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.813234, "energy": 80.822448, "activity_lines": [ 12.456271, 12.951204, 14.937233, 15.923713 ] }, { "date": "2024-08-23", "close": 11.048535, "volume": 35566569, "typical_volume": 42745668.1, "trend": 16.653428, "fair_value": 23.902047, "relative_strength": -32.1222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.832732, "energy": 84.485761, "activity_lines": [ 11.936228, 12.49714, 14.424066, 15.544064 ] }, { "date": "2024-08-30", "close": 11.562864, "volume": 40978502, "typical_volume": 42242023.45, "trend": 16.429526, "fair_value": 23.806887, "relative_strength": -29.896999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.21092, "energy": 72.83095, "activity_lines": [ 11.715892, 12.22491, 13.993339, 15.21564 ] }, { "date": "2024-09-06", "close": 11.600963, "volume": 111685257, "typical_volume": 45712877.75, "trend": 16.265459, "fair_value": 23.711158, "relative_strength": -27.307304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.638309, "energy": 72.822027, "activity_lines": [ 11.595883, 12.024028, 13.600763, 14.90412 ] }, { "date": "2024-09-13", "close": 10.56278, "volume": 62765451, "typical_volume": 47539619.45, "trend": 16.022862, "fair_value": 23.59367, "relative_strength": -32.14643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.586191, "energy": 79.236641, "activity_lines": [ 11.202199, 11.684779, 13.145389, 14.536205 ] }, { "date": "2024-09-20", "close": 10.962813, "volume": 35139366, "typical_volume": 47998021.5, "trend": 15.787058, "fair_value": 23.475842, "relative_strength": -29.943758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.80337, "energy": 66.77611, "activity_lines": [ 11.069489, 11.483203, 12.765663, 14.20975 ] }, { "date": "2024-09-27", "close": 12.924881, "volume": 75896034, "typical_volume": 49917603.8, "trend": 15.614164, "fair_value": 23.38587, "relative_strength": -29.357042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.912123, "energy": 57.373357, "activity_lines": [ 11.661919, 11.673522, 12.614409, 14.025094 ] }, { "date": "2024-10-04", "close": 14.220226, "volume": 28867548, "typical_volume": 49577477.65, "trend": 15.510304, "fair_value": 23.299611, "relative_strength": -29.215161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.607306, "energy": 33.303275, "activity_lines": [ 12.561041, 12.100224, 12.622389, 13.935162 ] }, { "date": "2024-10-11", "close": 12.620093, "volume": 88432798, "typical_volume": 52639421.65, "trend": 15.336596, "fair_value": 23.210706, "relative_strength": -33.656917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.700831, "energy": 27.062349, "activity_lines": [ 12.749628, 12.211575, 12.51106, 13.748697 ] }, { "date": "2024-10-18", "close": 12.829636, "volume": 54690682, "typical_volume": 54229030.85, "trend": 15.16333, "fair_value": 23.12506, "relative_strength": -33.922748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.484252, "energy": 28.920708, "activity_lines": [ 12.94012, 12.362237, 12.457586, 13.586958 ] }, { "date": "2024-10-25", "close": 13.210619, "volume": 52148893, "typical_volume": 53161160.85, "trend": 15.009306, "fair_value": 23.045807, "relative_strength": -33.066841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.28264, "energy": 21.728961, "activity_lines": [ 13.106483, 12.575761, 12.473415, 13.460977 ] }, { "date": "2024-11-01", "close": 13.886866, "volume": 84615519, "typical_volume": 54871923.9, "trend": 14.869725, "fair_value": 22.959852, "relative_strength": -27.928006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.838118, "energy": 11.685177, "activity_lines": [ 13.348408, 12.890766, 12.572154, 13.388561 ] }, { "date": "2024-11-08", "close": 14.067834, "volume": 148495239, "typical_volume": 60007548.15, "trend": 14.711565, "fair_value": 22.873488, "relative_strength": -30.983157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.333341, "energy": 15.570372, "activity_lines": [ 13.586524, 13.187067, 12.697742, 13.336826 ] }, { "date": "2024-11-15", "close": 13.553504, "volume": 95401805, "typical_volume": 62603218.15, "trend": 14.524112, "fair_value": 22.765005, "relative_strength": -30.11748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.116329, "energy": 16.358991, "activity_lines": [ 13.663355, 13.34431, 12.779291, 13.262113 ] }, { "date": "2024-11-22", "close": 12.934405, "volume": 55393542, "typical_volume": 63156042.65, "trend": 14.34032, "fair_value": 22.660745, "relative_strength": -30.536517, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.89732, "energy": 13.048757, "activity_lines": [ 13.471593, 13.353488, 12.805778, 13.159551 ] }, { "date": "2024-11-29", "close": 13.334439, "volume": 46829051, "typical_volume": 62685579.85, "trend": 14.12812, "fair_value": 22.56207, "relative_strength": -28.623763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.481917, "energy": 9.660984, "activity_lines": [ 13.406191, 13.392279, 12.876079, 13.094655 ] }, { "date": "2024-12-06", "close": 13.639226, "volume": 46963341, "typical_volume": 63373668.25, "trend": 13.900846, "fair_value": 22.442111, "relative_strength": -27.270017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.158505, "energy": 8.571255, "activity_lines": [ 13.43413, 13.443366, 12.97332, 13.063114 ] }, { "date": "2024-12-13", "close": 13.972587, "volume": 73134058, "typical_volume": 65289269.5, "trend": 13.661009, "fair_value": 22.339859, "relative_strength": -24.090461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.897539, "energy": 8.827817, "activity_lines": [ 13.589698, 13.542075, 13.099136, 13.067742 ] }, { "date": "2024-12-20", "close": 13.286816, "volume": 45541601, "typical_volume": 64918724.05, "trend": 13.417938, "fair_value": 22.224612, "relative_strength": -26.513189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.910174, "energy": 12.892066, "activity_lines": [ 13.523026, 13.520601, 13.154424, 13.043601 ] }, { "date": "2024-12-27", "close": 12.953455, "volume": 28547800, "typical_volume": 62764361.0, "trend": 13.190935, "fair_value": 22.100548, "relative_strength": -27.593317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.508912, "energy": 6.755328, "activity_lines": [ 13.363013, 13.426395, 13.175106, 13.013634 ] }, { "date": "2025-01-03", "close": 11.724782, "volume": 31965843, "typical_volume": 62152944.95, "trend": 13.011873, "fair_value": 21.980924, "relative_strength": -28.51864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.053089, "energy": 17.949046, "activity_lines": [ 12.792172, 13.106541, 13.076504, 12.919044 ] }, { "date": "2025-01-10", "close": 11.305698, "volume": 36439626, "typical_volume": 62196597.8, "trend": 12.858526, "fair_value": 21.823816, "relative_strength": -29.345451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -45.898067, "energy": 54.881058, "activity_lines": [ 12.188947, 12.737506, 12.93944, 12.808968 ] }, { "date": "2025-01-17", "close": 11.648584, "volume": 37389946, "typical_volume": 62017170.0, "trend": 12.743279, "fair_value": 21.684532, "relative_strength": -28.866334, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.261455, "energy": 61.482456, "activity_lines": [ 11.855586, 12.477744, 12.833808, 12.730907 ] }, { "date": "2025-01-24", "close": 11.686684, "volume": 26460435, "typical_volume": 57755928.9, "trend": 12.653748, "fair_value": 21.552522, "relative_strength": -28.627746, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.999553, "energy": 60.46305, "activity_lines": [ 11.689858, 12.268896, 12.731396, 12.66274 ] }, { "date": "2025-01-31", "close": 11.86765, "volume": 6263400, "typical_volume": 54930826.35, "trend": 12.578186, "fair_value": 21.404884, "relative_strength": -25.72335, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.901232, "energy": 59.836368, "activity_lines": [ 11.691128, 12.126893, 12.64581, 12.612024 ] }, { "date": "2025-02-07", "close": 12.029569, "volume": 19714982, "typical_volume": 54159607.15, "trend": 12.549294, "fair_value": 21.258516, "relative_strength": -26.882817, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.007997, "energy": 44.354829, "activity_lines": [ 11.818758, 12.033725, 12.569432, 12.576629 ] }, { "date": "2025-02-14", "close": 12.4677, "volume": 35603573, "typical_volume": 52144984.1, "trend": 12.532468, "fair_value": 21.126342, "relative_strength": -24.638871, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.726801, "energy": 20.290958, "activity_lines": [ 12.072112, 12.043942, 12.529701, 12.571365 ] }, { "date": "2025-02-21", "close": 12.429603, "volume": 39245072, "typical_volume": 52663860.3, "trend": 12.517546, "fair_value": 21.009377, "relative_strength": -25.726512, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.334181, "energy": 10.571344, "activity_lines": [ 12.2353, 12.068533, 12.488518, 12.564728 ] }, { "date": "2025-02-28", "close": 12.372454, "volume": 30323152, "typical_volume": 49758378.0, "trend": 12.507069, "fair_value": 20.914817, "relative_strength": -22.683484, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.498836, "energy": 12.675497, "activity_lines": [ 12.327371, 12.110788, 12.45042, 12.555368 ] }, { "date": "2025-03-07", "close": 12.429603, "volume": 29023296, "typical_volume": 48475008.7, "trend": 12.505481, "fair_value": 20.820217, "relative_strength": -23.303041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.330284, "energy": 12.373197, "activity_lines": [ 12.392774, 12.180058, 12.418944, 12.55037 ] }, { "date": "2025-03-14", "close": 12.982029, "volume": 40314888, "typical_volume": 47883308.45, "trend": 12.53723, "fair_value": 20.727939, "relative_strength": -20.185591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.63559, "energy": 19.148055, "activity_lines": [ 12.604855, 12.359293, 12.441984, 12.581115 ] }, { "date": "2025-03-21", "close": 12.343881, "volume": 30987761, "typical_volume": 45201920.55, "trend": 12.580408, "fair_value": 20.640864, "relative_strength": -21.299021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.452229, "energy": 18.89962, "activity_lines": [ 12.540723, 12.399643, 12.405337, 12.568641 ] }, { "date": "2025-03-28", "close": 12.277208, "volume": 22828069, "typical_volume": 38918562.05, "trend": 12.60422, "fair_value": 20.559404, "relative_strength": -20.36055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.79225, "energy": 14.912633, "activity_lines": [ 12.462621, 12.408994, 12.369688, 12.549079 ] }, { "date": "2025-04-04", "close": 12.496273, "volume": 20147992, "typical_volume": 35155871.4, "trend": 12.634063, "fair_value": 20.475688, "relative_strength": -16.288003, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.269094, "energy": 13.02882, "activity_lines": [ 12.4677, 12.446746, 12.363429, 12.542115 ] }, { "date": "2025-04-11", "close": 12.086717, "volume": 36961743, "typical_volume": 34234281.45, "trend": 12.684861, "fair_value": 20.413339, "relative_strength": -13.7247, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.183948, "energy": 24.230261, "activity_lines": [ 12.328006, 12.395313, 12.323199, 12.506802 ] }, { "date": "2025-04-18", "close": 12.305782, "volume": 29256332, "typical_volume": 33355645.5, "trend": 12.729627, "fair_value": 20.355764, "relative_strength": -10.712338, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.313541, "energy": 22.378234, "activity_lines": [ 12.284193, 12.379728, 12.307869, 12.482346 ] }, { "date": "2025-04-25", "close": 12.71534, "volume": 26100435, "typical_volume": 32312500.2, "trend": 12.722642, "fair_value": 20.300639, "relative_strength": -8.164184, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.997132, "energy": 10.808833, "activity_lines": [ 12.421982, 12.433585, 12.336442, 12.481424 ] }, { "date": "2025-05-02", "close": 13.515406, "volume": 54466210, "typical_volume": 31379107.8, "trend": 12.699148, "fair_value": 20.258254, "relative_strength": -1.277952, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.121011, "energy": 28.25002, "activity_lines": [ 12.801696, 12.628406, 12.445612, 12.53257 ] }, { "date": "2025-05-09", "close": 13.515406, "volume": 54419913, "typical_volume": 31823023.4, "trend": 12.728992, "fair_value": 20.217553, "relative_strength": -2.449637, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.675473, "energy": 45.582393, "activity_lines": [ 13.098864, 12.803486, 12.556959, 12.585232 ] }, { "date": "2025-05-16", "close": 13.124897, "volume": 33243671, "typical_volume": 32057816.95, "trend": 12.738834, "fair_value": 20.180971, "relative_strength": -4.564332, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.55847, "energy": 49.336501, "activity_lines": [ 13.197919, 12.886782, 12.630027, 12.610774 ] }, { "date": "2025-05-23", "close": 18.106262, "volume": 284007009, "typical_volume": 44659875.25, "trend": 12.902022, "fair_value": 20.177218, "relative_strength": 33.020967, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 94.808879, "energy": 92.272404, "activity_lines": [ 14.888218, 13.86314, 13.176693, 12.95706 ] }, { "date": "2025-05-30", "close": 16.077522, "volume": 289648868, "typical_volume": 57320337.35, "trend": 12.975044, "fair_value": 20.160991, "relative_strength": 20.071487, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.61324, "energy": 87.187289, "activity_lines": [ 15.515571, 14.377468, 13.499758, 13.161931 ] }, { "date": "2025-06-06", "close": 15.665299, "volume": 124200719, "typical_volume": 61660876.0, "trend": 13.028293, "fair_value": 20.139878, "relative_strength": 15.865349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.378915, "energy": 81.954791, "activity_lines": [ 15.781371, 14.748963, 13.760841, 13.335496 ] }, { "date": "2025-06-13", "close": 16.953785, "volume": 131605425, "typical_volume": 66918125.5, "trend": 13.141635, "fair_value": 20.123425, "relative_strength": 26.239259, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.002228, "energy": 86.778543, "activity_lines": [ 16.333341, 15.293125, 14.12551, 13.588753 ] }, { "date": "2025-06-20", "close": 15.481228, "volume": 104431988, "typical_volume": 71826554.9, "trend": 13.226529, "fair_value": 20.095644, "relative_strength": 16.8251, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.704167, "energy": 54.356073, "activity_lines": [ 16.165232, 15.488505, 14.324854, 13.739695 ] }, { "date": "2025-06-27", "close": 15.209968, "volume": 68344273, "typical_volume": 74258019.45, "trend": 13.289047, "fair_value": 20.065592, "relative_strength": 10.902906, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.472113, "energy": 44.996815, "activity_lines": [ 15.749615, 15.572846, 14.481156, 13.867658 ] }, { "date": "2025-07-04", "close": 16.052814, "volume": 89761718, "typical_volume": 76965926.7, "trend": 13.3695, "fair_value": 20.040471, "relative_strength": 15.763152, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.792466, "energy": 42.827546, "activity_lines": [ 15.808033, 15.757628, 14.702584, 14.045966 ] }, { "date": "2025-07-11", "close": 15.704049, "volume": 48443940, "typical_volume": 77425870.1, "trend": 13.427215, "fair_value": 20.010341, "relative_strength": 11.245643, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.565814, "energy": 30.706593, "activity_lines": [ 15.751843, 15.818317, 14.873724, 14.196582 ] }, { "date": "2025-07-18", "close": 14.144302, "volume": 110038230, "typical_volume": 81411624.0, "trend": 13.455798, "fair_value": 19.968559, "relative_strength": -1.571434, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.061632, "energy": 20.021483, "activity_lines": [ 15.173154, 15.555622, 14.880725, 14.242846 ] }, { "date": "2025-07-25", "close": 14.551193, "volume": 123527590, "typical_volume": 86136838.7, "trend": 13.509056, "fair_value": 19.928559, "relative_strength": -0.763101, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.091291, "energy": 17.627179, "activity_lines": [ 14.917394, 15.355473, 14.918039, 14.313516 ] }, { "date": "2025-08-01", "close": 14.65776, "volume": 117123813, "typical_volume": 89977284.95, "trend": 13.606822, "fair_value": 19.890305, "relative_strength": 1.794917, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.747817, "energy": 18.760566, "activity_lines": [ 14.759159, 15.148767, 14.955401, 14.387626 ] }, { "date": "2025-08-08", "close": 14.444626, "volume": 50448086, "typical_volume": 90950301.2, "trend": 13.711453, "fair_value": 19.853518, "relative_strength": -0.648372, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.931266, "energy": 19.219266, "activity_lines": [ 14.566693, 14.96601, 14.964484, 14.441678 ] }, { "date": "2025-08-15", "close": 14.502754, "volume": 59476998, "typical_volume": 92782747.65, "trend": 13.806592, "fair_value": 19.799042, "relative_strength": -4.313321, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.451271, "energy": 12.428086, "activity_lines": [ 14.500816, 14.82351, 14.969099, 14.49273 ] }, { "date": "2025-08-22", "close": 14.686823, "volume": 69016748, "typical_volume": 95226185.45, "trend": 13.906597, "fair_value": 19.745686, "relative_strength": -7.135056, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.194686, "energy": 11.615563, "activity_lines": [ 14.576381, 14.735615, 14.980647, 14.549519 ] }, { "date": "2025-08-29", "close": 14.231492, "volume": 81549887, "typical_volume": 97455592.65, "trend": 13.985391, "fair_value": 19.684986, "relative_strength": -13.433008, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.20989, "energy": 10.278254, "activity_lines": [ 14.464002, 14.606149, 14.938399, 14.57048 ] }, { "date": "2025-09-05", "close": 14.493065, "volume": 65445949, "typical_volume": 99265073.5, "trend": 14.067508, "fair_value": 19.628441, "relative_strength": -10.737098, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.008457, "energy": 14.65723, "activity_lines": [ 14.460126, 14.546965, 14.910849, 14.603233 ] }, { "date": "2025-09-12", "close": 14.599632, "volume": 50323865, "typical_volume": 100476245.0, "trend": 14.138572, "fair_value": 19.561246, "relative_strength": -12.148149, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.041085, "energy": 14.042279, "activity_lines": [ 14.502753, 14.520191, 14.883033, 14.637563 ] }, { "date": "2025-09-19", "close": 14.037735, "volume": 44574605, "typical_volume": 99981664.75, "trend": 14.192177, "fair_value": 19.492279, "relative_strength": -16.121757, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.041635, "energy": 19.788853, "activity_lines": [ 14.347747, 14.417676, 14.792731, 14.631058 ] }, { "date": "2025-09-26", "close": 13.743696, "volume": 34384785, "typical_volume": 98979908.35, "trend": 14.237885, "fair_value": 19.423789, "relative_strength": -18.347648, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.114383, "energy": 33.602125, "activity_lines": [ 14.125729, 14.291996, 14.671937, 14.602124 ] }, { "date": "2025-10-03", "close": 13.67493, "volume": 9277437, "typical_volume": 97781596.65, "trend": 14.279396, "fair_value": 19.361232, "relative_strength": -20.254651, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.006857, "energy": 48.196345, "activity_lines": [ 13.943665, 14.161096, 14.543507, 14.565804 ] }, { "date": "2025-10-10", "close": 13.792816, "volume": 13659985, "typical_volume": 84264245.45, "trend": 14.306422, "fair_value": 19.30976, "relative_strength": -18.262002, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.748355, "energy": 52.888671, "activity_lines": [ 13.837999, 14.067562, 14.423685, 14.534412 ] }, { "date": "2025-10-17", "close": 13.615985, "volume": 33425943, "typical_volume": 71453099.2, "trend": 14.348826, "fair_value": 19.257745, "relative_strength": -14.857122, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.347846, "energy": 62.205592, "activity_lines": [ 13.720074, 13.957604, 14.307562, 14.489867 ] }, { "date": "2025-10-24", "close": 13.62581, "volume": 30212514, "typical_volume": 66753688.95, "trend": 14.393779, "fair_value": 19.202369, "relative_strength": -18.371845, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.262235, "energy": 61.514415, "activity_lines": [ 13.671, 13.864498, 14.204097, 14.443221 ] }, { "date": "2025-10-31", "close": 13.173908, "volume": 39122665, "typical_volume": 62129550.95, "trend": 14.416367, "fair_value": 19.129813, "relative_strength": -21.189855, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.913173, "energy": 78.404719, "activity_lines": [ 13.498753, 13.705172, 14.067305, 14.36452 ] }, { "date": "2025-11-07", "close": 13.30162, "volume": 41671196, "typical_volume": 58991511.35, "trend": 14.456863, "fair_value": 19.05176, "relative_strength": -20.250344, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.095907, "energy": 75.045446, "activity_lines": [ 13.407063, 13.596575, 13.960675, 14.292601 ] }, { "date": "2025-11-14", "close": 13.920527, "volume": 63763997, "typical_volume": 58762497.55, "trend": 14.510688, "fair_value": 18.980979, "relative_strength": -15.079814, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.735435, "energy": 46.016166, "activity_lines": [ 13.546563, 13.617412, 13.923368, 14.257998 ] }, { "date": "2025-11-21", "close": 12.446937, "volume": 55641258, "typical_volume": 57056474.55, "trend": 14.501742, "fair_value": 18.880153, "relative_strength": -19.656634, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.506696, "energy": 64.689262, "activity_lines": [ 13.186352, 13.380734, 13.75186, 14.124853 ] }, { "date": "2025-11-28", "close": 12.761302, "volume": 30284498, "typical_volume": 56148502.45, "trend": 14.476605, "fair_value": 18.785415, "relative_strength": -20.116657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.869031, "energy": 62.500495, "activity_lines": [ 13.008866, 13.240354, 13.627462, 14.012567 ] }, { "date": "2025-12-05", "close": 12.839893, "volume": 25514237, "typical_volume": 51922302.8, "trend": 14.454088, "fair_value": 18.6622, "relative_strength": -20.266752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.443256, "energy": 60.304513, "activity_lines": [ 12.915211, 13.13747, 13.524561, 13.906972 ] }, { "date": "2025-12-12", "close": 12.338873, "volume": 31295602, "typical_volume": 47310703.4, "trend": 14.427887, "fair_value": 18.559619, "relative_strength": -23.569117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.241239, "energy": 83.252432, "activity_lines": [ 12.676816, 12.959925, 13.380156, 13.770507 ] }, { "date": "2025-12-19", "close": 13.743696, "volume": 102136604, "typical_volume": 46561342.95, "trend": 14.282468, "fair_value": 18.427854, "relative_strength": -13.826927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.530351, "energy": 42.836263, "activity_lines": [ 12.970879, 13.062093, 13.380079, 13.726366 ] }, { "date": "2025-12-26", "close": 13.360563, "volume": 73641267, "typical_volume": 47721002.0, "trend": 14.191903, "fair_value": 18.309275, "relative_strength": -18.784582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.157386, "energy": 29.549107, "activity_lines": [ 13.14902, 13.095495, 13.347865, 13.666888 ] }, { "date": "2026-01-02", "close": 12.633591, "volume": 34724327, "typical_volume": 46483368.45, "trend": 14.090846, "fair_value": 18.191053, "relative_strength": -22.446787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.910855, "energy": 33.031417, "activity_lines": [ 13.023929, 13.001364, 13.251579, 13.566352 ] }, { "date": "2026-01-09", "close": 13.065845, "volume": 51011901, "typical_volume": 45583126.1, "trend": 13.961248, "fair_value": 18.096614, "relative_strength": -22.892183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.254016, "energy": 19.49739, "activity_lines": [ 13.051436, 13.003864, 13.205359, 13.500223 ] }, { "date": "2026-01-16", "close": 12.987253, "volume": 82459596, "typical_volume": 45628611.55, "trend": 13.878115, "fair_value": 17.993881, "relative_strength": -23.930815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.050384, "energy": 24.472192, "activity_lines": [ 13.037683, 12.99404, 13.159374, 13.437384 ] }, { "date": "2026-01-23", "close": 13.792816, "volume": 79083230, "typical_volume": 46310475.6, "trend": 13.830877, "fair_value": 17.888106, "relative_strength": -19.86737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.191207, "energy": 12.78814, "activity_lines": [ 13.249225, 13.136398, 13.196035, 13.431881 ] }, { "date": "2026-01-30", "close": 13.812465, "volume": 92272412, "typical_volume": 48407902.95, "trend": 13.756199, "fair_value": 17.780274, "relative_strength": -18.173651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.965903, "energy": 9.484076, "activity_lines": [ 13.464042, 13.284651, 13.237901, 13.430693 ] }, { "date": "2026-02-06", "close": 13.704401, "volume": 57953914, "typical_volume": 49076868.4, "trend": 13.689544, "fair_value": 17.67777, "relative_strength": -16.862869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.351292, "energy": 14.640154, "activity_lines": [ 13.612711, 13.388427, 13.273223, 13.427351 ] }, { "date": "2026-02-13", "close": 13.30162, "volume": 72027417, "typical_volume": 50959000.0, "trend": 13.661454, "fair_value": 17.580534, "relative_strength": -20.132964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.963252, "energy": 14.765646, "activity_lines": [ 13.555732, 13.401824, 13.271773, 13.402324 ] }, { "date": "2026-02-27", "close": 13.331091, "volume": 30919584, "typical_volume": 52041107.35, "trend": 13.620784, "fair_value": 17.4839, "relative_strength": -21.868099, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.586285, "energy": 11.613715, "activity_lines": [ 13.492859, 13.412183, 13.275235, 13.38101 ] }, { "date": "2026-03-06", "close": 12.869367, "volume": 41126889, "typical_volume": 53414452.55, "trend": 13.561171, "fair_value": 17.364828, "relative_strength": -22.531651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.977708, "energy": 16.868228, "activity_lines": [ 13.253155, 13.320553, 13.23636, 13.332532 ] }, { "date": "2026-03-13", "close": 12.967605, "volume": 26396290, "typical_volume": 53062969.9, "trend": 13.511937, "fair_value": 17.246032, "relative_strength": -22.227517, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.089154, "energy": 23.327714, "activity_lines": [ 13.10776, 13.262681, 13.211239, 13.294237 ] }, { "date": "2026-03-20", "close": 12.496057, "volume": 25665839, "typical_volume": 52835636.15, "trend": 13.445047, "fair_value": 17.124154, "relative_strength": -22.455548, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.259471, "energy": 43.483032, "activity_lines": [ 12.861507, 13.126218, 13.144296, 13.228696 ] }, { "date": "2026-03-27", "close": 12.358521, "volume": 33125152, "typical_volume": 52535760.5, "trend": 13.367437, "fair_value": 17.0047, "relative_strength": -22.389337, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.011047, "energy": 62.055795, "activity_lines": [ 12.649965, 12.967248, 13.069634, 13.158598 ] }, { "date": "2026-04-03", "close": 12.279929, "volume": 29254322, "typical_volume": 51914916.8, "trend": 13.302385, "fair_value": 16.881142, "relative_strength": -20.214355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.849199, "energy": 67.084892, "activity_lines": [ 12.475098, 12.80685, 12.99137, 13.088436 ] }, { "date": "2026-04-10", "close": 12.338873, "volume": 22680546, "typical_volume": 49860744.25, "trend": 13.230579, "fair_value": 16.758669, "relative_strength": -24.759663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.124308, "energy": 66.703223, "activity_lines": [ 12.389958, 12.670029, 12.923585, 13.026274 ] }, { "date": "2026-04-17", "close": 12.279929, "volume": 27107656, "typical_volume": 48434064.15, "trend": 13.153255, "fair_value": 16.628205, "relative_strength": -27.525015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.690397, "energy": 63.152618, "activity_lines": [ 12.320535, 12.548927, 12.857718, 12.964942 ] }, { "date": "2026-04-24", "close": 12.319225, "volume": 21540223, "typical_volume": 47996850.4, "trend": 13.095971, "fair_value": 16.511391, "relative_strength": -27.025734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.963969, "energy": 51.152752, "activity_lines": [ 12.310056, 12.462833, 12.796388, 12.911134 ] }, { "date": "2026-05-01", "close": 12.45676, "volume": 37425026, "typical_volume": 48592389.85, "trend": 13.053074, "fair_value": 16.393334, "relative_strength": -26.455112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.965564, "energy": 39.034895, "activity_lines": [ 12.357211, 12.426931, 12.750262, 12.869894 ] }, { "date": "2026-05-08", "close": 12.554999, "volume": 19661944, "typical_volume": 48010706.95, "trend": 13.015743, "fair_value": 16.304356, "relative_strength": -27.352058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.020908, "energy": 29.643829, "activity_lines": [ 12.430563, 12.424252, 12.715317, 12.83776 ] }, { "date": "2026-05-15", "close": 12.702359, "volume": 42905620, "typical_volume": 45049157.75, "trend": 12.979394, "fair_value": 16.215261, "relative_strength": -25.822004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.327746, "energy": 21.508781, "activity_lines": [ 12.534697, 12.462476, 12.693377, 12.817542 ] }, { "date": "2026-05-22", "close": 11.513662, "volume": 38443000, "typical_volume": 43289244.4, "trend": 12.909317, "fair_value": 16.118309, "relative_strength": -32.266129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.095681, "energy": 43.526617, "activity_lines": [ 12.218366, 12.28761, 12.563186, 12.722979 ] }, { "date": "2026-05-29", "close": 11.57, "volume": 33816172, "typical_volume": 43243836.65, "trend": 12.84079, "fair_value": 16.026736, "relative_strength": -30.558413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.597889, "energy": 59.579073, "activity_lines": [ 11.971899, 12.149422, 12.447156, 12.636571 ] }, { "date": "2026-06-05", "close": 11.35, "volume": 5052800, "typical_volume": 40945881.6, "trend": 12.779993, "fair_value": 15.939832, "relative_strength": -29.632354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.83591, "energy": 78.018447, "activity_lines": [ 11.702047, 11.988072, 12.315238, 12.540391 ] }, { "date": "2026-06-12", "close": 11.17, "volume": 6851066, "typical_volume": 37165455.1, "trend": 12.708939, "fair_value": 15.848905, "relative_strength": -28.082789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.08047, "energy": 84.026396, "activity_lines": [ 11.445979, 11.812331, 12.174348, 12.436521 ] }, { "date": "2026-06-19", "close": 10.71, "volume": 18961482, "typical_volume": 34159367.7, "trend": 12.601921, "fair_value": 15.75515, "relative_strength": -34.41192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.748715, "energy": 89.466752, "activity_lines": [ 11.128911, 11.573135, 11.998302, 12.307557 ] }, { "date": "2026-06-26", "close": 9.88, "volume": 9828096, "typical_volume": 30037151.9, "trend": 12.516357, "fair_value": 15.657512, "relative_strength": -37.454317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.134345, "energy": 96.186397, "activity_lines": [ 10.668, 11.212645, 11.757888, 12.131949 ] }, { "date": "2026-07-03", "close": 10.36, "volume": 6864470, "typical_volume": 27482679.7, "trend": 12.436313, "fair_value": 15.557859, "relative_strength": -32.601326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.98434, "energy": 89.315573, "activity_lines": [ 10.476, 10.983063, 11.581915, 11.992829 ] }, { "date": "2026-07-10", "close": 10.12, "volume": 32897789, "typical_volume": 25526198.3, "trend": 12.34565, "fair_value": 15.462957, "relative_strength": -30.594489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.066113, "energy": 89.834789, "activity_lines": [ 10.284667, 10.745467, 11.39901, 11.84339 ] }, { "date": "2026-07-17", "close": 11.32, "volume": 66881459, "typical_volume": 27324292.05, "trend": 12.311688, "fair_value": 15.377366, "relative_strength": -13.675654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.626159, "energy": 59.306102, "activity_lines": [ 10.575333, 10.76854, 11.345542, 11.777219 ] }, { "date": "2026-07-24", "close": 10.95, "volume": 52995105, "typical_volume": 27917702.85, "trend": 12.218564, "fair_value": 15.295693, "relative_strength": -16.062807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.015764, "energy": 46.438981, "activity_lines": [ 10.732667, 10.746794, 11.266412, 11.689368 ] }, { "date": "2026-07-31", "close": 11.67, "volume": 52306218, "typical_volume": 29213199.25, "trend": 12.162212, "fair_value": 15.221151, "relative_strength": -8.429424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.254406, "energy": 24.442503, "activity_lines": [ 11.114, 10.887818, 11.264993, 11.653977 ] }, { "date": "2026-08-07", "close": 11.36, "volume": 42977498, "typical_volume": 30078782.2, "trend": 12.119759, "fair_value": 15.143005, "relative_strength": -14.475833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.209482, "energy": 26.425438, "activity_lines": [ 11.272667, 10.969636, 11.24023, 11.602221 ] } ], "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." } } }