{ "ticker": { "uuid": "1657b0dc-e30b-4232-a44d-f6f8c93639a4", "symbol": "600133", "name": "Wuhan East Lake High Technology Group Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -42.232, "architecture_energy": 28.092, "architecture_maturity": 72.868, "architecture_confidence": 56.358, "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": 30.64, "rotation_up": 24.82, "upward_expansion": 14.79, "deceleration": 66.53, "rotation_down": 38.25, "downward_expansion": 64.79 }, "activity_lines": [ 8.057335, 7.962729, 8.221243, 8.516907 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.49, "trend_reference": 9.039003, "distance_from_trend": -0.060737, "trend_direction": "Weakening", "fair_value": 9.226616, "distance_from_fair_value": -0.079836, "fair_value_direction": "Weakening", "relative_strength": -6.78835, "relative_strength_direction": "Improving", "price_momentum": -0.228182, "excess_performance": -0.184978, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060737, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.045176, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.079836, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.097244, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.067884, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.035016, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.228182, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.294346, "read": "Demand-led" } ], "volume": { "latest": 86310076, "relative_activity": 0.872455, "balance": 1.294346, "dry_up": 0.922135, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.083037, "annualized_volatility": 0.311987, "from_high_reference": -0.277447, "from_low_reference": 0.182451 }, "levels": { "trend_reference": 9.039003, "fair_value_reference": 9.226616, "structural_low": 7.18, "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": 18, "median_return": 0.012613, "positive_rate": 0.666667, "directional_follow_through": 0.222222, "median_excess_return": -0.005489, "regime_survival": 0.777778, "best_return": 0.188627, "worst_return": -0.136063, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.064883, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.043021, "regime_survival": 0.333333, "best_return": 0.487715, "worst_return": -0.154525, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.171095, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.061748, "regime_survival": 0.0, "best_return": 0.193549, "worst_return": 0.124441, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.15605, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.26467, "regime_survival": 0.333333, "best_return": 0.893268, "worst_return": 0.151134, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.076923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": -0.036538, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.112662, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.04211, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.035714, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.06114, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": 0.118551, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": -0.043655, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2026-01-02", "tenure": "Developing", "return": 0.032992, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.0394, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.055607, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.068063, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.025791, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": -0.062914, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.133841, "volume": 228467118, "typical_volume": 135904405.65, "trend": 5.881307, "fair_value": 5.380055, "relative_strength": 23.202407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.335196, "energy": 87.15899, "activity_lines": [ 7.286571, 6.800144, 6.356071, 6.143891 ] }, { "date": "2023-08-04", "close": 7.191839, "volume": 135058293, "typical_volume": 139058175.25, "trend": 5.947563, "fair_value": 5.392453, "relative_strength": 23.190787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.15776, "energy": 84.843491, "activity_lines": [ 7.29817, 6.93876, 6.46166, 6.228441 ] }, { "date": "2023-08-11", "close": 6.901845, "volume": 90607444, "typical_volume": 140436613.25, "trend": 6.001315, "fair_value": 5.404314, "relative_strength": 21.389771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.008353, "energy": 58.385912, "activity_lines": [ 7.158329, 6.995908, 6.532959, 6.290008 ] }, { "date": "2023-08-18", "close": 6.727849, "volume": 92774450, "typical_volume": 142240127.25, "trend": 6.051474, "fair_value": 5.414254, "relative_strength": 19.877819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.328088, "energy": 39.440682, "activity_lines": [ 6.983044, 6.997779, 6.58217, 6.336881 ] }, { "date": "2023-08-25", "close": 6.476522, "volume": 84729198, "typical_volume": 144419514.6, "trend": 6.085685, "fair_value": 5.422584, "relative_strength": 17.392243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.366168, "energy": 25.208504, "activity_lines": [ 6.767804, 6.938121, 6.601587, 6.364303 ] }, { "date": "2023-09-01", "close": 6.418523, "volume": 134716644, "typical_volume": 148150317.05, "trend": 6.113548, "fair_value": 5.426918, "relative_strength": 13.307025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.127325, "energy": 25.040966, "activity_lines": [ 6.611852, 6.855622, 6.610728, 6.385777 ] }, { "date": "2023-09-08", "close": 6.196195, "volume": 86750924, "typical_volume": 146884521.3, "trend": 6.13337, "fair_value": 5.427354, "relative_strength": 9.570649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.500463, "energy": 21.516371, "activity_lines": [ 6.429478, 6.718535, 6.594714, 6.391109 ] }, { "date": "2023-09-15", "close": 6.273526, "volume": 78513972, "typical_volume": 142015743.1, "trend": 6.158607, "fair_value": 5.430413, "relative_strength": 10.53435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.751039, "energy": 21.687684, "activity_lines": [ 6.339258, 6.59867, 6.583459, 6.400151 ] }, { "date": "2023-09-22", "close": 6.457189, "volume": 93853819, "typical_volume": 143580464.2, "trend": 6.187444, "fair_value": 5.435858, "relative_strength": 12.864379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.514114, "energy": 16.699439, "activity_lines": [ 6.352147, 6.529775, 6.588208, 6.419414 ] }, { "date": "2023-09-29", "close": 6.718183, "volume": 130610112, "typical_volume": 143453549.95, "trend": 6.218356, "fair_value": 5.444357, "relative_strength": 17.712592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.335397, "energy": 14.255281, "activity_lines": [ 6.470077, 6.525205, 6.615992, 6.453656 ] }, { "date": "2023-10-13", "close": 6.959845, "volume": 127055303, "typical_volume": 146677046.75, "trend": 6.266156, "fair_value": 5.454289, "relative_strength": 22.14557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.517671, "energy": 22.03783, "activity_lines": [ 6.652451, 6.581623, 6.662916, 6.501494 ] }, { "date": "2023-10-20", "close": 7.559165, "volume": 267410514, "typical_volume": 157651959.1, "trend": 6.325101, "fair_value": 5.469156, "relative_strength": 36.039941, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.801924, "energy": 53.481644, "activity_lines": [ 6.998511, 6.75017, 6.760855, 6.584914 ] }, { "date": "2023-10-27", "close": 7.578497, "volume": 361768998, "typical_volume": 173207572.7, "trend": 6.386268, "fair_value": 5.484319, "relative_strength": 33.648429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.074098, "energy": 70.883144, "activity_lines": [ 7.260149, 6.915555, 6.851359, 6.665778 ] }, { "date": "2023-11-03", "close": 7.984488, "volume": 422835001, "typical_volume": 190869079.9, "trend": 6.469168, "fair_value": 5.501452, "relative_strength": 38.827245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.825611, "energy": 79.790947, "activity_lines": [ 7.57012, 7.142453, 6.971115, 6.768889 ] }, { "date": "2023-11-10", "close": 8.796471, "volume": 459466003, "typical_volume": 211173145.35, "trend": 6.579766, "fair_value": 5.52264, "relative_strength": 50.641602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.657172, "energy": 86.716718, "activity_lines": [ 8.048932, 7.494136, 7.158071, 6.919037 ] }, { "date": "2023-11-17", "close": 9.58912, "volume": 343743755, "typical_volume": 226718710.4, "trend": 6.713315, "fair_value": 5.550462, "relative_strength": 61.073778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.186239, "energy": 92.844199, "activity_lines": [ 8.653407, 7.947756, 7.40625, 7.113189 ] }, { "date": "2023-11-24", "close": 8.864136, "volume": 250102217, "typical_volume": 230388884.85, "trend": 6.820491, "fair_value": 5.574039, "relative_strength": 47.874638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.9974, "energy": 83.889832, "activity_lines": [ 8.840936, 8.211914, 7.566576, 7.251952 ] }, { "date": "2023-12-01", "close": 9.482789, "volume": 288889275, "typical_volume": 216828099.6, "trend": 6.93788, "fair_value": 5.60095, "relative_strength": 56.559874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.542669, "energy": 85.748537, "activity_lines": [ 9.147685, 8.540046, 7.773944, 7.423713 ] }, { "date": "2023-12-08", "close": 11.203417, "volume": 620183952, "typical_volume": 230381442.65, "trend": 7.108838, "fair_value": 5.63912, "relative_strength": 85.256089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.4467, "energy": 89.645647, "activity_lines": [ 9.901024, 9.122669, 8.134503, 7.698909 ] }, { "date": "2023-12-15", "close": 10.497766, "volume": 383823361, "typical_volume": 234068017.65, "trend": 7.261952, "fair_value": 5.672479, "relative_strength": 72.235558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.020487, "energy": 65.420388, "activity_lines": [ 10.20455, 9.490698, 8.409674, 7.91755 ] }, { "date": "2023-12-22", "close": 10.362435, "volume": 205243361, "typical_volume": 232906829.8, "trend": 7.41781, "fair_value": 5.70428, "relative_strength": 68.751484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.957334, "energy": 62.264622, "activity_lines": [ 10.349547, 9.7654, 8.658424, 8.117581 ] }, { "date": "2023-12-29", "close": 10.410768, "volume": 233749596, "typical_volume": 237841394.95, "trend": 7.577801, "fair_value": 5.735643, "relative_strength": 63.451294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.705525, "energy": 59.13834, "activity_lines": [ 10.4591, 9.987026, 8.896403, 8.310675 ] }, { "date": "2024-01-05", "close": 9.58912, "volume": 177834205, "typical_volume": 242202733.0, "trend": 7.71072, "fair_value": 5.764788, "relative_strength": 50.795725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.963557, "energy": 48.759346, "activity_lines": [ 10.191662, 10.007413, 9.040802, 8.440437 ] }, { "date": "2024-01-12", "close": 9.231461, "volume": 142784943, "typical_volume": 244703257.65, "trend": 7.823201, "fair_value": 5.790663, "relative_strength": 45.590498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.772759, "energy": 33.701959, "activity_lines": [ 9.797915, 9.926215, 9.138341, 8.53855 ] }, { "date": "2024-01-19", "close": 8.941467, "volume": 124976718, "typical_volume": 246715633.65, "trend": 7.927907, "fair_value": 5.815771, "relative_strength": 41.656518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.876526, "energy": 22.765601, "activity_lines": [ 9.438967, 9.769619, 9.196339, 8.610696 ] }, { "date": "2024-01-26", "close": 9.202461, "volume": 209446993, "typical_volume": 250452151.1, "trend": 8.046676, "fair_value": 5.842782, "relative_strength": 40.040797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.671078, "energy": 23.015048, "activity_lines": [ 9.270771, 9.657839, 9.267457, 8.692925 ] }, { "date": "2024-02-02", "close": 7.810492, "volume": 187737489, "typical_volume": 255501479.35, "trend": 8.094686, "fair_value": 5.862481, "relative_strength": 25.42487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.878279, "energy": 16.754356, "activity_lines": [ 8.715916, 9.300005, 9.192749, 8.677687 ] }, { "date": "2024-02-09", "close": 8.409812, "volume": 218731730, "typical_volume": 262512367.25, "trend": 8.133674, "fair_value": 5.886424, "relative_strength": 27.33826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.152709, "energy": 16.989951, "activity_lines": [ 8.534187, 9.070294, 9.167432, 8.698018 ] }, { "date": "2024-02-23", "close": 9.260459, "volume": 191806677, "typical_volume": 267410010.15, "trend": 8.196184, "fair_value": 5.912312, "relative_strength": 32.228241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.230175, "energy": 15.088507, "activity_lines": [ 8.714627, 9.014756, 9.212956, 8.770714 ] }, { "date": "2024-03-01", "close": 9.743782, "volume": 296745301, "typical_volume": 275716769.6, "trend": 8.265782, "fair_value": 5.944001, "relative_strength": 36.414685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.40828, "energy": 14.815065, "activity_lines": [ 9.054242, 9.082421, 9.291162, 8.870559 ] }, { "date": "2024-03-08", "close": 12.450388, "volume": 394741161, "typical_volume": 289101062.5, "trend": 8.443, "fair_value": 5.992523, "relative_strength": 69.93018, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.666255, "energy": 57.174574, "activity_lines": [ 10.242571, 9.655905, 9.612733, 9.140534 ] }, { "date": "2024-03-15", "close": 12.295726, "volume": 382029100, "typical_volume": 294831991.8, "trend": 8.61313, "fair_value": 6.039593, "relative_strength": 64.342967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.970155, "energy": 78.158382, "activity_lines": [ 11.162817, 10.163306, 9.893428, 9.389096 ] }, { "date": "2024-03-22", "close": 12.112062, "volume": 269228193, "typical_volume": 290204951.55, "trend": 8.786804, "fair_value": 6.084277, "relative_strength": 59.406488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.448024, "energy": 81.921318, "activity_lines": [ 11.722827, 10.603042, 10.134077, 9.614834 ] }, { "date": "2024-03-29", "close": 11.609408, "volume": 260815593, "typical_volume": 282103981.15, "trend": 8.949522, "fair_value": 6.12597, "relative_strength": 50.768096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.741721, "energy": 79.603533, "activity_lines": [ 11.868468, 10.905514, 10.305265, 9.796938 ] }, { "date": "2024-04-05", "close": 11.909067, "volume": 147977347, "typical_volume": 266529548.35, "trend": 9.130607, "fair_value": 6.168779, "relative_strength": 50.812452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.581135, "energy": 75.217653, "activity_lines": [ 11.9574, 11.219234, 10.487731, 9.987876 ] }, { "date": "2024-04-12", "close": 10.497766, "volume": 219038596, "typical_volume": 260294290.4, "trend": 9.266582, "fair_value": 6.20231, "relative_strength": 33.342701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.989769, "energy": 42.156097, "activity_lines": [ 11.431545, 11.222398, 10.520965, 10.07608 ] }, { "date": "2024-04-19", "close": 10.169106, "volume": 177527540, "typical_volume": 256665556.55, "trend": 9.399012, "fair_value": 6.233332, "relative_strength": 25.689396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.57625, "energy": 23.931554, "activity_lines": [ 10.926312, 11.142254, 10.518571, 10.134307 ] }, { "date": "2024-04-26", "close": 11.010088, "volume": 139552545, "typical_volume": 249198720.05, "trend": 9.556898, "fair_value": 6.270263, "relative_strength": 33.217278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.291092, "energy": 18.467239, "activity_lines": [ 10.84318, 11.172132, 10.590057, 10.238247 ] }, { "date": "2024-05-03", "close": 11.155084, "volume": 77704125, "typical_volume": 222074728.7, "trend": 9.713494, "fair_value": 6.30657, "relative_strength": 32.476388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.024589, "energy": 20.056251, "activity_lines": [ 10.881846, 11.181096, 10.668079, 10.341356 ] }, { "date": "2024-05-10", "close": 10.787759, "volume": 125538227, "typical_volume": 209160472.0, "trend": 9.849147, "fair_value": 6.33966, "relative_strength": 24.657473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.826973, "energy": 17.189202, "activity_lines": [ 10.828358, 11.088825, 10.711348, 10.410664 ] }, { "date": "2024-05-17", "close": 10.584764, "volume": 126698274, "typical_volume": 205233217.65, "trend": 9.969977, "fair_value": 6.373692, "relative_strength": 21.030335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.630528, "energy": 16.000899, "activity_lines": [ 10.781959, 10.940665, 10.733903, 10.458123 ] }, { "date": "2024-05-24", "close": 9.821114, "volume": 94470931, "typical_volume": 198269284.4, "trend": 10.045376, "fair_value": 6.403921, "relative_strength": 13.58389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.688892, "energy": 9.549585, "activity_lines": [ 10.475211, 10.68758, 10.682671, 10.448519 ] }, { "date": "2024-05-31", "close": 9.734116, "volume": 79549595, "typical_volume": 193355053.9, "trend": 10.11723, "fair_value": 6.434398, "relative_strength": 11.563261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.623045, "energy": 13.402714, "activity_lines": [ 10.162662, 10.463669, 10.625961, 10.428437 ] }, { "date": "2024-06-07", "close": 9.231461, "volume": 181155355, "typical_volume": 195273574.5, "trend": 10.158796, "fair_value": 6.461653, "relative_strength": 6.11122, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.453397, "energy": 42.088955, "activity_lines": [ 9.767627, 10.191603, 10.520689, 10.371291 ] }, { "date": "2024-06-14", "close": 9.608452, "volume": 114960255, "typical_volume": 194772751.35, "trend": 10.185862, "fair_value": 6.489714, "relative_strength": 10.058998, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.389924, "energy": 49.180384, "activity_lines": [ 9.626496, 10.031315, 10.451321, 10.335785 ] }, { "date": "2024-06-21", "close": 10.787759, "volume": 212565878, "typical_volume": 194928695.6, "trend": 10.225816, "fair_value": 6.525104, "relative_strength": 23.515621, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.31088, "energy": 31.396197, "activity_lines": [ 9.957089, 10.127277, 10.491091, 10.374617 ] }, { "date": "2024-06-28", "close": 10.091774, "volume": 156178655, "typical_volume": 193350753.9, "trend": 10.266737, "fair_value": 6.554998, "relative_strength": 15.50164, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.876158, "energy": 14.825728, "activity_lines": [ 10.042153, 10.091423, 10.457028, 10.365969 ] }, { "date": "2024-07-05", "close": 9.395791, "volume": 107655034, "typical_volume": 187796919.1, "trend": 10.263837, "fair_value": 6.580488, "relative_strength": 7.177741, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.145998, "energy": 15.770521, "activity_lines": [ 9.87718, 9.930433, 10.345818, 10.309779 ] }, { "date": "2024-07-12", "close": 9.840447, "volume": 101549610, "typical_volume": 183284065.75, "trend": 10.218405, "fair_value": 6.609115, "relative_strength": 10.497324, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.866026, "energy": 9.583758, "activity_lines": [ 9.882979, 9.87964, 10.272261, 10.282464 ] }, { "date": "2024-07-19", "close": 9.377221, "volume": 97544025, "typical_volume": 173324001.95, "trend": 10.181054, "fair_value": 6.635419, "relative_strength": 4.318373, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.180913, "energy": 28.067733, "activity_lines": [ 9.693772, 9.768527, 10.151825, 10.228194 ] }, { "date": "2024-07-26", "close": 7.992731, "volume": 154144105, "typical_volume": 161294149.15, "trend": 10.102064, "fair_value": 6.650798, "relative_strength": -8.554279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.017408, "energy": 72.98022, "activity_lines": [ 9.058482, 9.431334, 9.901279, 10.087012 ] }, { "date": "2024-08-02", "close": 8.228389, "volume": 127111938, "typical_volume": 148548291.05, "trend": 10.029318, "fair_value": 6.669503, "relative_strength": -6.572848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.525666, "energy": 75.515962, "activity_lines": [ 8.688081, 9.184117, 9.694403, 9.966129 ] }, { "date": "2024-08-09", "close": 7.806168, "volume": 90793040, "typical_volume": 139626533.4, "trend": 9.969886, "fair_value": 6.685853, "relative_strength": -10.343462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.122388, "energy": 83.364232, "activity_lines": [ 8.301165, 8.88909, 9.466684, 9.8227 ] }, { "date": "2024-08-16", "close": 7.35449, "volume": 90747493, "typical_volume": 131123128.4, "trend": 9.90732, "fair_value": 6.699367, "relative_strength": -16.23106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.987139, "energy": 88.332163, "activity_lines": [ 7.869665, 8.546994, 9.216453, 9.653965 ] }, { "date": "2024-08-23", "close": 7.079556, "volume": 75295505, "typical_volume": 127489036.3, "trend": 9.845256, "fair_value": 6.710942, "relative_strength": -18.816476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.603256, "energy": 89.609452, "activity_lines": [ 7.51225, 8.189036, 8.960298, 9.471529 ] }, { "date": "2024-08-30", "close": 7.442862, "volume": 90702629, "typical_volume": 121072237.95, "trend": 9.786603, "fair_value": 6.724495, "relative_strength": -14.53849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.679894, "energy": 82.374345, "activity_lines": [ 7.429115, 7.943114, 8.761742, 9.316536 ] }, { "date": "2024-09-06", "close": 7.001003, "volume": 80646490, "typical_volume": 116228185.45, "trend": 9.75962, "fair_value": 6.735977, "relative_strength": -17.607224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.439389, "energy": 84.57252, "activity_lines": [ 7.235352, 7.677671, 8.535651, 9.136819 ] }, { "date": "2024-09-13", "close": 7.855263, "volume": 198469980, "typical_volume": 119174057.2, "trend": 9.741135, "fair_value": 6.75229, "relative_strength": -5.947946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.448537, "energy": 56.782055, "activity_lines": [ 7.408168, 7.623743, 8.406005, 9.013958 ] }, { "date": "2024-09-20", "close": 8.41495, "volume": 177216828, "typical_volume": 124149692.35, "trend": 9.712952, "fair_value": 6.773949, "relative_strength": -1.120451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.677083, "energy": 40.876298, "activity_lines": [ 7.764273, 7.699586, 8.344685, 8.928397 ] }, { "date": "2024-09-27", "close": 9.072829, "volume": 268545713, "typical_volume": 131300066.65, "trend": 9.690586, "fair_value": 6.799415, "relative_strength": -6.038274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.476959, "energy": 21.535412, "activity_lines": [ 8.268973, 7.920962, 8.359068, 8.887099 ] }, { "date": "2024-10-04", "close": 9.838717, "volume": 103584878, "typical_volume": 130144396.85, "trend": 9.603531, "fair_value": 6.827974, "relative_strength": -6.221434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.461659, "energy": 22.142696, "activity_lines": [ 8.896085, 8.287124, 8.454559, 8.896656 ] }, { "date": "2024-10-11", "close": 8.827352, "volume": 289926308, "typical_volume": 139917165.7, "trend": 9.487918, "fair_value": 6.849874, "relative_strength": -13.066208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.504971, "energy": 27.255652, "activity_lines": [ 9.026352, 8.435838, 8.457283, 8.84658 ] }, { "date": "2024-10-18", "close": 9.769983, "volume": 306851791, "typical_volume": 151282275.5, "trend": 9.409849, "fair_value": 6.878989, "relative_strength": -5.502949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.905618, "energy": 28.992661, "activity_lines": [ 9.349072, 8.74505, 8.554513, 8.864778 ] }, { "date": "2024-10-25", "close": 11.890904, "volume": 519194771, "typical_volume": 168184246.3, "trend": 9.419232, "fair_value": 6.92041, "relative_strength": 12.948812, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.128976, "energy": 62.730556, "activity_lines": [ 10.251118, 9.404178, 8.853565, 9.024846 ] }, { "date": "2024-11-01", "close": 11.301761, "volume": 783091046, "typical_volume": 201590785.85, "trend": 9.398989, "fair_value": 6.959578, "relative_strength": 7.64931, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.4025, "energy": 65.619799, "activity_lines": [ 10.725053, 9.873709, 9.083844, 9.146299 ] }, { "date": "2024-11-08", "close": 12.764803, "volume": 621320265, "typical_volume": 222028505.2, "trend": 9.474557, "fair_value": 7.007012, "relative_strength": 14.50594, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.317663, "energy": 76.648093, "activity_lines": [ 11.538073, 10.53248, 9.445397, 9.363448 ] }, { "date": "2024-11-15", "close": 11.046464, "volume": 336910129, "typical_volume": 231065078.9, "trend": 9.503802, "fair_value": 7.043489, "relative_strength": 2.451042, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.290603, "energy": 65.601173, "activity_lines": [ 11.58324, 10.782063, 9.633884, 9.464862 ] }, { "date": "2024-11-22", "close": 10.692977, "volume": 219425000, "typical_volume": 236653577.2, "trend": 9.493231, "fair_value": 7.075063, "relative_strength": 1.021098, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.733438, "energy": 50.001457, "activity_lines": [ 11.362638, 10.893822, 9.784159, 9.541583 ] }, { "date": "2024-11-29", "close": 10.594787, "volume": 153926801, "typical_volume": 239272436.75, "trend": 9.474555, "fair_value": 7.11134, "relative_strength": -1.84718, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.350006, "energy": 41.647453, "activity_lines": [ 11.047773, 10.936133, 9.918906, 9.612651 ] }, { "date": "2024-12-06", "close": 10.850082, "volume": 149824325, "typical_volume": 241886451.75, "trend": 9.476632, "fair_value": 7.150776, "relative_strength": -1.808662, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.972354, "energy": 26.629927, "activity_lines": [ 10.904415, 10.985229, 10.074375, 9.701395 ] }, { "date": "2024-12-13", "close": 10.368948, "volume": 207975411, "typical_volume": 244578017.05, "trend": 9.469438, "fair_value": 7.186425, "relative_strength": -5.424343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.191067, "energy": 20.361347, "activity_lines": [ 10.63079, 10.914531, 10.177008, 9.758963 ] }, { "date": "2024-12-20", "close": 9.828898, "volume": 131915283, "typical_volume": 244818184.3, "trend": 9.469698, "fair_value": 7.218554, "relative_strength": -9.366308, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.151027, "energy": 20.108231, "activity_lines": [ 10.336872, 10.736003, 10.216892, 9.782154 ] }, { "date": "2024-12-27", "close": 9.553964, "volume": 105413889, "typical_volume": 245549226.75, "trend": 9.463693, "fair_value": 7.249448, "relative_strength": -12.342353, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.237477, "energy": 17.838239, "activity_lines": [ 10.03248, 10.489276, 10.222971, 9.787591 ] }, { "date": "2025-01-03", "close": 8.935362, "volume": 150889601, "typical_volume": 248556332.15, "trend": 9.453823, "fair_value": 7.275966, "relative_strength": -12.8255, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.135035, "energy": 14.908654, "activity_lines": [ 9.597823, 10.134004, 10.161812, 9.753505 ] }, { "date": "2025-01-10", "close": 8.365856, "volume": 112924185, "typical_volume": 250437766.15, "trend": 9.412403, "fair_value": 7.298951, "relative_strength": -16.959561, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.34543, "energy": 32.559925, "activity_lines": [ 9.083958, 9.728922, 10.038886, 9.683313 ] }, { "date": "2025-01-17", "close": 8.807714, "volume": 111804269, "typical_volume": 251492848.15, "trend": 9.346402, "fair_value": 7.324241, "relative_strength": -14.298271, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.579527, "energy": 38.71722, "activity_lines": [ 8.882994, 9.457559, 9.951917, 9.644301 ] }, { "date": "2025-01-24", "close": 9.308487, "volume": 116117506, "typical_volume": 253266398.95, "trend": 9.320292, "fair_value": 7.352448, "relative_strength": -9.564561, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.408095, "energy": 42.707193, "activity_lines": [ 8.953036, 9.349192, 9.906142, 9.641855 ] }, { "date": "2025-01-31", "close": 9.347764, "volume": 27149240, "typical_volume": 244700361.95, "trend": 9.318691, "fair_value": 7.380613, "relative_strength": -8.967953, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.727946, "energy": 41.74543, "activity_lines": [ 9.070866, 9.279566, 9.853119, 9.643628 ] }, { "date": "2025-02-07", "close": 9.48523, "volume": 76981071, "typical_volume": 239688574.1, "trend": 9.30685, "fair_value": 7.40925, "relative_strength": -9.11868, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.008358, "energy": 17.581005, "activity_lines": [ 9.248263, 9.259392, 9.806081, 9.654372 ] }, { "date": "2025-02-14", "close": 10.211842, "volume": 193572477, "typical_volume": 235939912.3, "trend": 9.334671, "fair_value": 7.443131, "relative_strength": -3.484208, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.282815, "energy": 24.37802, "activity_lines": [ 9.631207, 9.391503, 9.823147, 9.712759 ] }, { "date": "2025-02-21", "close": 10.103832, "volume": 241648406, "typical_volume": 242843088.7, "trend": 9.405041, "fair_value": 7.476553, "relative_strength": -5.367574, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.305763, "energy": 29.171865, "activity_lines": [ 9.855082, 9.51558, 9.824503, 9.762382 ] }, { "date": "2025-02-28", "close": 9.406677, "volume": 143111184, "typical_volume": 235502332.5, "trend": 9.444318, "fair_value": 7.506327, "relative_strength": -10.141355, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.12092, "energy": 18.736768, "activity_lines": [ 9.760164, 9.517722, 9.758201, 9.762487 ] }, { "date": "2025-03-07", "close": 10.349309, "volume": 241449402, "typical_volume": 232232213.05, "trend": 9.529089, "fair_value": 7.540327, "relative_strength": -2.041966, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.129354, "energy": 28.022955, "activity_lines": [ 9.972911, 9.698929, 9.778914, 9.820874 ] }, { "date": "2025-03-14", "close": 10.280576, "volume": 251057685, "typical_volume": 218825358.75, "trend": 9.626625, "fair_value": 7.572246, "relative_strength": -3.426401, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.677961, "energy": 28.829441, "activity_lines": [ 10.095977, 9.853178, 9.790323, 9.869357 ] }, { "date": "2025-03-21", "close": 9.838717, "volume": 114069890, "typical_volume": 185374300.95, "trend": 9.718597, "fair_value": 7.602797, "relative_strength": -5.46076, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.005996, "energy": 21.801599, "activity_lines": [ 10.018733, 9.90263, 9.767318, 9.88304 ] }, { "date": "2025-03-28", "close": 9.848536, "volume": 97476164, "typical_volume": 159182095.9, "trend": 9.798786, "fair_value": 7.63347, "relative_strength": -4.462542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.035097, "energy": 15.945804, "activity_lines": [ 9.969638, 9.927089, 9.752216, 9.891423 ] }, { "date": "2025-04-04", "close": 9.70125, "volume": 63573081, "typical_volume": 145515243.5, "trend": 9.888794, "fair_value": 7.66314, "relative_strength": -5.049353, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.30217, "energy": 6.193079, "activity_lines": [ 9.888467, 9.905844, 9.736973, 9.885131 ] }, { "date": "2025-04-11", "close": 8.758618, "volume": 133850888, "typical_volume": 141236537.9, "trend": 9.918906, "fair_value": 7.684893, "relative_strength": -11.096275, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.879773, "energy": 32.461754, "activity_lines": [ 9.473447, 9.70607, 9.638361, 9.812216 ] }, { "date": "2025-04-18", "close": 8.73898, "volume": 61435431, "typical_volume": 136611969.4, "trend": 9.929707, "fair_value": 7.70523, "relative_strength": -11.975954, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.714128, "energy": 58.181038, "activity_lines": [ 9.157927, 9.513438, 9.54709, 9.736092 ] }, { "date": "2025-04-25", "close": 8.866628, "volume": 62979642, "typical_volume": 132269735.25, "trend": 9.922834, "fair_value": 7.725683, "relative_strength": -10.691702, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.000664, "energy": 64.59861, "activity_lines": [ 8.98773, 9.357582, 9.476814, 9.667506 ] }, { "date": "2025-05-02", "close": 8.581875, "volume": 41614718, "typical_volume": 123951700.6, "trend": 9.880939, "fair_value": 7.741557, "relative_strength": -12.593021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.139779, "energy": 71.076401, "activity_lines": [ 8.787421, 9.174412, 9.388863, 9.580993 ] }, { "date": "2025-05-09", "close": 8.945181, "volume": 68593042, "typical_volume": 120785588.55, "trend": 9.884867, "fair_value": 7.764506, "relative_strength": -10.180615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.913271, "energy": 61.700689, "activity_lines": [ 8.792658, 9.084969, 9.344022, 9.520621 ] }, { "date": "2025-05-16", "close": 8.85681, "volume": 67986137, "typical_volume": 118914200.95, "trend": 9.854428, "fair_value": 7.789642, "relative_strength": -11.325051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.432623, "energy": 46.746197, "activity_lines": [ 8.818842, 8.987849, 9.294974, 9.454295 ] }, { "date": "2025-05-23", "close": 8.984457, "volume": 138435070, "typical_volume": 118291474.4, "trend": 9.757546, "fair_value": 7.815537, "relative_strength": -9.242161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.154746, "energy": 35.94201, "activity_lines": [ 8.88103, 8.941075, 9.261402, 9.398168 ] }, { "date": "2025-05-30", "close": 9.200477, "volume": 68789555, "typical_volume": 116084742.9, "trend": 9.687503, "fair_value": 7.843403, "relative_strength": -6.789894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.561679, "energy": 23.391463, "activity_lines": [ 8.998859, 8.957142, 9.24817, 9.362228 ] }, { "date": "2025-06-06", "close": 9.367401, "volume": 57066651, "typical_volume": 113347862.0, "trend": 9.574257, "fair_value": 7.868179, "relative_strength": -6.002001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.061568, "energy": 16.402872, "activity_lines": [ 9.150072, 9.015164, 9.24686, 9.341576 ] }, { "date": "2025-06-13", "close": 8.945181, "volume": 76629740, "typical_volume": 111373473.7, "trend": 9.504214, "fair_value": 7.890484, "relative_strength": -9.710122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.161487, "energy": 17.829229, "activity_lines": [ 9.108178, 9.005167, 9.202675, 9.300991 ] }, { "date": "2025-06-20", "close": 8.709523, "volume": 61501257, "typical_volume": 113091074.55, "trend": 9.438099, "fair_value": 7.909461, "relative_strength": -11.054821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.989911, "energy": 23.062796, "activity_lines": [ 8.98773, 8.966069, 9.137775, 9.24972 ] }, { "date": "2025-06-27", "close": 8.955, "volume": 57359683, "typical_volume": 112110005.15, "trend": 9.383439, "fair_value": 7.931359, "relative_strength": -9.798406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.123598, "energy": 25.267039, "activity_lines": [ 8.958928, 8.972496, 9.099294, 9.218553 ] }, { "date": "2025-07-04", "close": 9.0, "volume": 79451179, "typical_volume": 106403940.25, "trend": 9.32177, "fair_value": 7.95337, "relative_strength": -10.247591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.668125, "energy": 28.427376, "activity_lines": [ 8.947089, 8.983177, 9.067623, 9.193814 ] }, { "date": "2025-07-11", "close": 9.06, "volume": 51519819, "typical_volume": 96897510.9, "trend": 9.278138, "fair_value": 7.977172, "relative_strength": -10.18663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.584798, "energy": 28.655225, "activity_lines": [ 8.968615, 9.002342, 9.047437, 9.176926 ] }, { "date": "2025-07-18", "close": 9.24, "volume": 110148890, "typical_volume": 95249396.2, "trend": 9.258508, "fair_value": 8.001776, "relative_strength": -8.708357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.215334, "energy": 12.601866, "activity_lines": [ 9.070635, 9.045542, 9.049365, 9.174466 ] }, { "date": "2025-07-25", "close": 9.24, "volume": 98550324, "typical_volume": 88104442.3, "trend": 9.248043, "fair_value": 8.02522, "relative_strength": -10.094655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.117854, "energy": 10.575398, "activity_lines": [ 9.153, 9.083381, 9.052086, 9.173272 ] }, { "date": "2025-08-01", "close": 9.19, "volume": 90124860, "typical_volume": 80057801.05, "trend": 9.256531, "fair_value": 8.049436, "relative_strength": -9.582196, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.694048, "energy": 12.412566, "activity_lines": [ 9.183333, 9.105162, 9.055328, 9.169527 ] }, { "date": "2025-08-08", "close": 9.2, "volume": 112210731, "typical_volume": 79964843.1, "trend": 9.284335, "fair_value": 8.072807, "relative_strength": -11.238256, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.820472, "energy": 12.458439, "activity_lines": [ 9.201333, 9.125024, 9.064715, 9.16588 ] }, { "date": "2025-08-15", "close": 9.57, "volume": 112664691, "typical_volume": 80724269.45, "trend": 9.309745, "fair_value": 8.096971, "relative_strength": -9.229284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.354461, "energy": 31.015983, "activity_lines": [ 9.329333, 9.212168, 9.112382, 9.18431 ] }, { "date": "2025-08-22", "close": 9.65, "volume": 118401091, "typical_volume": 83465669.95, "trend": 9.321129, "fair_value": 8.121589, "relative_strength": -11.581583, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.711238, "energy": 43.54696, "activity_lines": [ 9.45, 9.310173, 9.168995, 9.206262 ] }, { "date": "2025-08-29", "close": 9.06, "volume": 172509977, "typical_volume": 85398624.4, "trend": 9.311537, "fair_value": 8.145093, "relative_strength": -17.52939, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 7.277117, "energy": 18.070175, "activity_lines": [ 9.346667, 9.288091, 9.169661, 9.189415 ] }, { "date": "2025-09-05", "close": 9.11, "volume": 94605687, "typical_volume": 87057137.2, "trend": 9.299029, "fair_value": 8.168492, "relative_strength": -16.006059, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.525253, "energy": 12.617227, "activity_lines": [ 9.272, 9.268727, 9.173654, 9.176412 ] }, { "date": "2025-09-12", "close": 8.97, "volume": 72321668, "typical_volume": 87524238.5, "trend": 9.257634, "fair_value": 8.191237, "relative_strength": -18.213136, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.749613, "energy": 14.455204, "activity_lines": [ 9.156, 9.221091, 9.162546, 9.155185 ] }, { "date": "2025-09-19", "close": 8.76, "volume": 85595668, "typical_volume": 89723286.0, "trend": 9.21284, "fair_value": 8.213121, "relative_strength": -18.640248, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.162418, "energy": 30.713063, "activity_lines": [ 8.985333, 9.135818, 9.130947, 9.123079 ] }, { "date": "2025-09-26", "close": 9.5, "volume": 224765179, "typical_volume": 97531892.85, "trend": 9.215951, "fair_value": 8.239325, "relative_strength": -11.676831, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.099136, "energy": 10.49448, "activity_lines": [ 9.115333, 9.190545, 9.168975, 9.141606 ] }, { "date": "2025-10-03", "close": 9.25, "volume": 65937831, "typical_volume": 97429477.55, "trend": 9.179307, "fair_value": 8.262045, "relative_strength": -14.881995, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.537565, "energy": 4.379362, "activity_lines": [ 9.172, 9.195091, 9.180552, 9.143802 ] }, { "date": "2025-10-10", "close": 10.19, "volume": 177397002, "typical_volume": 99377574.15, "trend": 9.176288, "fair_value": 8.292853, "relative_strength": -6.492486, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.807872, "energy": 53.886879, "activity_lines": [ 9.529333, 9.370364, 9.279781, 9.209008 ] }, { "date": "2025-10-17", "close": 9.85, "volume": 236959552, "typical_volume": 107786074.0, "trend": 9.176664, "fair_value": 8.321967, "relative_strength": -7.992034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.23945, "energy": 60.000847, "activity_lines": [ 9.701333, 9.465636, 9.340887, 9.252474 ] }, { "date": "2025-10-24", "close": 9.97, "volume": 497703708, "typical_volume": 129817926.85, "trend": 9.180713, "fair_value": 8.354458, "relative_strength": -8.798269, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.078919, "energy": 61.543473, "activity_lines": [ 9.854667, 9.570909, 9.41033, 9.303657 ] }, { "date": "2025-10-31", "close": 9.82, "volume": 228026092, "typical_volume": 137387744.45, "trend": 9.184671, "fair_value": 8.384653, "relative_strength": -9.662554, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.102212, "energy": 60.106971, "activity_lines": [ 9.877333, 9.641636, 9.462617, 9.344901 ] }, { "date": "2025-11-07", "close": 9.75, "volume": 140329729, "typical_volume": 141329168.05, "trend": 9.217717, "fair_value": 8.414703, "relative_strength": -10.477811, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.50291, "energy": 40.591764, "activity_lines": [ 9.855333, 9.696545, 9.504071, 9.381374 ] }, { "date": "2025-11-14", "close": 9.42, "volume": 99648319, "typical_volume": 143443599.85, "trend": 9.240418, "fair_value": 8.444154, "relative_strength": -12.766078, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.610523, "energy": 26.5736, "activity_lines": [ 9.69, 9.678909, 9.509143, 9.394424 ] }, { "date": "2025-11-21", "close": 8.79, "volume": 95584817, "typical_volume": 144250281.75, "trend": 9.237863, "fair_value": 8.466958, "relative_strength": -14.702913, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.901037, "energy": 10.133179, "activity_lines": [ 9.366, 9.541091, 9.452, 9.365365 ] }, { "date": "2025-11-28", "close": 8.95, "volume": 62964993, "typical_volume": 144822540.45, "trend": 9.250134, "fair_value": 8.489393, "relative_strength": -13.804835, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.356194, "energy": 16.727634, "activity_lines": [ 9.166, 9.435636, 9.411095, 9.346793 ] }, { "date": "2025-12-05", "close": 9.3, "volume": 118601957, "typical_volume": 145245193.8, "trend": 9.261962, "fair_value": 8.514496, "relative_strength": -10.240179, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.140416, "energy": 18.995347, "activity_lines": [ 9.150667, 9.390364, 9.404048, 9.35001 ] }, { "date": "2025-12-12", "close": 9.04, "volume": 75138347, "typical_volume": 144074594.95, "trend": 9.268068, "fair_value": 8.537326, "relative_strength": -11.980424, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.515487, "energy": 21.252117, "activity_lines": [ 9.083333, 9.301455, 9.371952, 9.33569 ] }, { "date": "2025-12-19", "close": 9.08, "volume": 65275579, "typical_volume": 142832130.9, "trend": 9.271253, "fair_value": 8.559988, "relative_strength": -11.238277, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.704927, "energy": 22.339426, "activity_lines": [ 9.076667, 9.223636, 9.344619, 9.323557 ] }, { "date": "2025-12-26", "close": 9.22, "volume": 71926182, "typical_volume": 140817903.45, "trend": 9.271904, "fair_value": 8.58385, "relative_strength": -11.220806, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.923253, "energy": 11.361558, "activity_lines": [ 9.139333, 9.191455, 9.331143, 9.32025 ] }, { "date": "2026-01-02", "close": 9.08, "volume": 45706738, "typical_volume": 137470005.8, "trend": 9.262323, "fair_value": 8.607179, "relative_strength": -12.364465, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.322099, "energy": 15.652636, "activity_lines": [ 9.126667, 9.145273, 9.304238, 9.307869 ] }, { "date": "2026-01-09", "close": 10.66, "volume": 268380635, "typical_volume": 144968983.0, "trend": 9.319484, "fair_value": 8.64197, "relative_strength": -0.861282, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.435954, "energy": 32.318454, "activity_lines": [ 9.632, 9.402545, 9.430143, 9.398042 ] }, { "date": "2026-01-16", "close": 11.08, "volume": 566182983, "typical_volume": 164652633.3, "trend": 9.3985, "fair_value": 8.679636, "relative_strength": 3.521803, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.154811, "energy": 67.392446, "activity_lines": [ 10.186667, 9.720909, 9.591238, 9.511624 ] }, { "date": "2026-01-23", "close": 10.79, "volume": 399070926, "typical_volume": 179875895.25, "trend": 9.459667, "fair_value": 8.714897, "relative_strength": 0.164359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.623774, "energy": 76.726517, "activity_lines": [ 10.508667, 9.962364, 9.715095, 9.601398 ] }, { "date": "2026-01-30", "close": 11.0, "volume": 345027496, "typical_volume": 193511186.65, "trend": 9.526333, "fair_value": 8.751928, "relative_strength": 2.720593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.820654, "energy": 81.763177, "activity_lines": [ 10.786667, 10.217091, 9.850952, 9.700774 ] }, { "date": "2026-02-06", "close": 10.47, "volume": 314659664, "typical_volume": 204964386.45, "trend": 9.573333, "fair_value": 8.784107, "relative_strength": -0.75223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.688087, "energy": 73.539887, "activity_lines": [ 10.769333, 10.335273, 9.926667, 9.761656 ] }, { "date": "2026-02-13", "close": 10.01, "volume": 148986522, "typical_volume": 201175453.6, "trend": 9.599, "fair_value": 8.812487, "relative_strength": -5.074509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.198781, "energy": 43.323712, "activity_lines": [ 10.506, 10.342182, 9.950429, 9.789828 ] }, { "date": "2026-02-27", "close": 10.19, "volume": 127724508, "typical_volume": 204264787.45, "trend": 9.630667, "fair_value": 8.8419, "relative_strength": -4.859279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.43791, "energy": 28.646291, "activity_lines": [ 10.346, 10.368909, 9.988905, 9.827957 ] }, { "date": "2026-03-06", "close": 9.55, "volume": 151665018, "typical_volume": 202978188.25, "trend": 9.642667, "fair_value": 8.867757, "relative_strength": -9.649214, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.647428, "energy": 17.36276, "activity_lines": [ 10.032, 10.258364, 9.961952, 9.822753 ] }, { "date": "2026-03-13", "close": 9.63, "volume": 124165876, "typical_volume": 197338504.45, "trend": 9.657, "fair_value": 8.893641, "relative_strength": -7.756385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.113429, "energy": 18.882169, "activity_lines": [ 9.827333, 10.153818, 9.945667, 9.821935 ] }, { "date": "2026-03-20", "close": 8.89, "volume": 101193414, "typical_volume": 177512989.75, "trend": 9.634333, "fair_value": 8.913507, "relative_strength": -11.358353, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.509502, "energy": 23.570884, "activity_lines": [ 9.467333, 9.907273, 9.859952, 9.772452 ] }, { "date": "2026-03-27", "close": 8.9, "volume": 97612231, "typical_volume": 170992296.7, "trend": 9.609333, "fair_value": 8.935137, "relative_strength": -9.831525, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.007825, "energy": 30.51127, "activity_lines": [ 9.216, 9.666, 9.780333, 9.725075 ] }, { "date": "2026-04-03", "close": 8.53, "volume": 65340370, "typical_volume": 167242828.75, "trend": 9.591667, "fair_value": 8.952695, "relative_strength": -12.336269, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.410659, "energy": 47.351256, "activity_lines": [ 8.915333, 9.389455, 9.669857, 9.655441 ] }, { "date": "2026-04-10", "close": 9.03, "volume": 90910354, "typical_volume": 166805930.5, "trend": 9.589, "fair_value": 8.973763, "relative_strength": -9.224674, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.380719, "energy": 47.958366, "activity_lines": [ 8.892, 9.250182, 9.61281, 9.619204 ] }, { "date": "2026-04-17", "close": 8.75, "volume": 92140118, "typical_volume": 166633695.55, "trend": 9.581667, "fair_value": 8.994612, "relative_strength": -13.089945, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.073473, "energy": 59.107597, "activity_lines": [ 8.81, 9.092, 9.530952, 9.565075 ] }, { "date": "2026-04-24", "close": 9.06, "volume": 181217236, "typical_volume": 172546307.7, "trend": 9.591667, "fair_value": 9.01757, "relative_strength": -10.329178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.169217, "energy": 51.00692, "activity_lines": [ 8.89, 9.031091, 9.47881, 9.531419 ] }, { "date": "2026-05-01", "close": 8.98, "volume": 119952070, "typical_volume": 172613813.35, "trend": 9.574333, "fair_value": 9.039348, "relative_strength": -11.469581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.390079, "energy": 34.773058, "activity_lines": [ 8.932, 8.981273, 9.418524, 9.491957 ] }, { "date": "2026-05-08", "close": 9.22, "volume": 81417641, "typical_volume": 172927778.05, "trend": 9.573333, "fair_value": 9.06224, "relative_strength": -10.289993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.616017, "energy": 26.4793, "activity_lines": [ 9.048667, 8.993818, 9.382619, 9.469097 ] }, { "date": "2026-05-15", "close": 9.25, "volume": 246628217, "typical_volume": 181995409.95, "trend": 9.542, "fair_value": 9.083323, "relative_strength": -8.714203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.706957, "energy": 19.296689, "activity_lines": [ 9.129333, 9.029455, 9.348714, 9.448237 ] }, { "date": "2026-05-22", "close": 9.06, "volume": 247276852, "typical_volume": 190762943.45, "trend": 9.515667, "fair_value": 9.10246, "relative_strength": -9.797854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.332651, "energy": 17.926184, "activity_lines": [ 9.132, 9.036, 9.295905, 9.41714 ] }, { "date": "2026-05-29", "close": 8.5, "volume": 128538222, "typical_volume": 194904517.65, "trend": 9.466667, "fair_value": 9.119098, "relative_strength": -14.049126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.789249, "energy": 30.953857, "activity_lines": [ 8.927333, 8.951091, 9.190524, 9.351613 ] }, { "date": "2026-06-05", "close": 8.06, "volume": 23318574, "typical_volume": 182651414.6, "trend": 9.408, "fair_value": 9.134312, "relative_strength": -17.182404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.922207, "energy": 55.511486, "activity_lines": [ 8.613333, 8.793273, 9.046, 9.26086 ] }, { "date": "2026-06-12", "close": 7.99, "volume": 17829381, "typical_volume": 155233734.5, "trend": 9.349333, "fair_value": 9.149562, "relative_strength": -17.462817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.499781, "energy": 72.660295, "activity_lines": [ 8.337333, 8.638, 8.90719, 9.169376 ] }, { "date": "2026-06-19", "close": 8.4, "volume": 78527955, "typical_volume": 139206585.95, "trend": 9.315333, "fair_value": 9.1675, "relative_strength": -14.068702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.681987, "energy": 71.091373, "activity_lines": [ 8.28, 8.567091, 8.822143, 9.108129 ] }, { "date": "2026-06-26", "close": 8.000386, "volume": 30730167, "typical_volume": 123491719.5, "trend": 9.289013, "fair_value": 9.18124, "relative_strength": -16.464896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.055318, "energy": 74.68354, "activity_lines": [ 8.146129, 8.434979, 8.710418, 9.023294 ] }, { "date": "2026-07-03", "close": 7.716753, "volume": 14947380, "typical_volume": 108506105.3, "trend": 9.247905, "fair_value": 9.193525, "relative_strength": -19.291457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.152778, "energy": 74.841253, "activity_lines": [ 7.988354, 8.264927, 8.585964, 8.921858 ] }, { "date": "2026-07-10", "close": 7.755875, "volume": 97270421, "typical_volume": 105920300.25, "trend": 9.196434, "fair_value": 9.207092, "relative_strength": -17.481504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.709821, "energy": 62.988681, "activity_lines": [ 7.895836, 8.126411, 8.478346, 8.825598 ] }, { "date": "2026-07-17", "close": 7.257074, "volume": 82162333, "typical_volume": 103642191.5, "trend": 9.137003, "fair_value": 9.212777, "relative_strength": -17.5894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.827387, "energy": 73.344892, "activity_lines": [ 7.657327, 7.919461, 8.333958, 8.700478 ] }, { "date": "2026-07-24", "close": 7.66, "volume": 84640855, "typical_volume": 100290983.35, "trend": 9.08967, "fair_value": 9.215468, "relative_strength": -13.725342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.957873, "energy": 61.803324, "activity_lines": [ 7.601988, 7.821459, 8.24191, 8.605187 ] }, { "date": "2026-07-31", "close": 8.29, "volume": 111785848, "typical_volume": 99671981.95, "trend": 9.05867, "fair_value": 9.221269, "relative_strength": -6.755477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.475657, "energy": 43.144538, "activity_lines": [ 7.805982, 7.866912, 8.218862, 8.553596 ] }, { "date": "2026-08-07", "close": 8.49, "volume": 86310076, "typical_volume": 98927815.05, "trend": 9.039003, "fair_value": 9.226616, "relative_strength": -6.78835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.231626, "energy": 28.091795, "activity_lines": [ 8.057335, 7.962729, 8.221243, 8.516907 ] } ], "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." } } }