{ "ticker": { "uuid": "1cd18b8e-009e-4715-b928-98ecaf70ca51", "symbol": "002493", "name": "Rongsheng Petrochemical 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 6.89, "architecture_energy": 14.727, "architecture_maturity": 19.335, "architecture_confidence": 66.454, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 62.93, "rotation_up": 38.88, "upward_expansion": 32.1, "deceleration": 44.52, "rotation_down": 18.04, "downward_expansion": 42.77 }, "activity_lines": [ 12.264667, 11.871455, 11.841417, 12.096893 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 13.23, "trend_reference": 12.455852, "distance_from_trend": 0.062151, "trend_direction": "Improving", "fair_value": 10.177204, "distance_from_fair_value": 0.299964, "fair_value_direction": "Improving", "relative_strength": 13.228512, "relative_strength_direction": "Improving", "price_momentum": -0.095014, "excess_performance": -0.102413, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062151, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040123, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.299964, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043929, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.132285, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.137505, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.095014, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.502313, "read": "Demand-led" } ], "volume": { "latest": 312397066, "relative_activity": 1.288642, "balance": 1.502313, "dry_up": 1.310262, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.090055, "annualized_volatility": 0.50823, "from_high_reference": -0.18507, "from_low_reference": 0.484822 }, "levels": { "trend_reference": 12.455852, "fair_value_reference": 10.177204, "structural_low": 10.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.019265, "positive_rate": 0.590909, "directional_follow_through": 0.590909, "median_excess_return": 0.01646, "regime_survival": 0.409091, "best_return": 0.25913, "worst_return": -0.196249, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.014937, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.000736, "regime_survival": 0.272727, "best_return": 0.210921, "worst_return": -0.16446, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.007722, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024902, "regime_survival": 0.25, "best_return": 0.210969, "worst_return": -0.20748, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.200679, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.109918, "regime_survival": 0.0, "best_return": 0.335077, "worst_return": -0.269866, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.068928, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.007812, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": -0.015573, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-05-30", "tenure": "Established", "return": -0.013673, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.024504, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.028632, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-12-05", "tenure": "Established", "return": 0.07221, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.253747, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-20", "tenure": "Developing", "return": -0.02584, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": -0.053719, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": 0.024193, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": -0.034392, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.090909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 12.135277, "volume": 176134476, "typical_volume": 233220851.3, "trend": 12.192926, "fair_value": 14.965897, "relative_strength": 0.254865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.106916, "energy": 19.799538, "activity_lines": [ 11.745965, 11.587289, 11.850925, 12.051589 ] }, { "date": "2023-08-04", "close": 12.41659, "volume": 212493031, "typical_volume": 236729216.5, "trend": 12.214053, "fair_value": 14.982166, "relative_strength": 1.272022, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.001538, "energy": 19.034408, "activity_lines": [ 12.015638, 11.743907, 11.877147, 12.066019 ] }, { "date": "2023-08-11", "close": 12.067372, "volume": 100985766, "typical_volume": 233219039.25, "trend": 12.213959, "fair_value": 14.993455, "relative_strength": 2.330968, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.257977, "energy": 22.373304, "activity_lines": [ 12.093888, 11.823274, 11.863443, 12.056556 ] }, { "date": "2023-08-18", "close": 11.417443, "volume": 104818975, "typical_volume": 194704223.05, "trend": 12.230839, "fair_value": 14.99941, "relative_strength": 0.163388, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.200015, "energy": 23.404817, "activity_lines": [ 11.901819, 11.783591, 11.785025, 12.005168 ] }, { "date": "2023-08-25", "close": 11.407743, "volume": 106748737, "typical_volume": 165421864.75, "trend": 12.204925, "fair_value": 14.995426, "relative_strength": 3.560112, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.443344, "energy": 19.458377, "activity_lines": [ 11.725271, 11.737911, 11.720334, 11.952065 ] }, { "date": "2023-09-01", "close": 11.718156, "volume": 160496238, "typical_volume": 151058879.4, "trend": 12.17531, "fair_value": 14.992546, "relative_strength": 3.094832, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.886046, "energy": 23.650174, "activity_lines": [ 11.668361, 11.751844, 11.701679, 11.92066 ] }, { "date": "2023-09-08", "close": 11.79576, "volume": 116199829, "typical_volume": 138383577.15, "trend": 12.162331, "fair_value": 14.984801, "relative_strength": 5.599384, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.079213, "energy": 26.907921, "activity_lines": [ 11.665127, 11.76807, 11.700668, 11.896173 ] }, { "date": "2023-09-15", "close": 11.989769, "volume": 113757168, "typical_volume": 129907141.7, "trend": 12.123887, "fair_value": 14.981203, "relative_strength": 8.727698, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.016599, "energy": 16.017304, "activity_lines": [ 11.767952, 11.810399, 11.722589, 11.88504 ] }, { "date": "2023-09-22", "close": 11.689055, "volume": 98605509, "typical_volume": 131673383.1, "trend": 12.080528, "fair_value": 14.978378, "relative_strength": 5.749341, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.33235, "energy": 13.324558, "activity_lines": [ 11.775712, 11.784825, 11.719081, 11.856986 ] }, { "date": "2023-09-29", "close": 11.553248, "volume": 47397555, "typical_volume": 126267936.7, "trend": 12.022105, "fair_value": 14.979842, "relative_strength": 5.381571, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.881968, "energy": 16.60341, "activity_lines": [ 11.720096, 11.734735, 11.706415, 11.822968 ] }, { "date": "2023-10-13", "close": 11.252534, "volume": 100735179, "typical_volume": 125593293.7, "trend": 12.00443, "fair_value": 14.97567, "relative_strength": 3.235868, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.513774, "energy": 31.153076, "activity_lines": [ 11.554542, 11.631734, 11.667252, 11.773319 ] }, { "date": "2023-10-20", "close": 10.515299, "volume": 102441876, "typical_volume": 125311016.15, "trend": 11.987725, "fair_value": 14.966449, "relative_strength": 1.726975, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.146604, "energy": 70.499607, "activity_lines": [ 11.174284, 11.41074, 11.559854, 11.677246 ] }, { "date": "2023-10-27", "close": 10.961521, "volume": 233661415, "typical_volume": 128515163.75, "trend": 11.970568, "fair_value": 14.961217, "relative_strength": 3.705018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.506472, "energy": 67.040993, "activity_lines": [ 11.02813, 11.305446, 11.500404, 11.611039 ] }, { "date": "2023-11-03", "close": 11.010023, "volume": 123044752, "typical_volume": 126316918.0, "trend": 11.854442, "fair_value": 14.9567, "relative_strength": 3.080908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.912682, "energy": 68.438799, "activity_lines": [ 10.966694, 11.229077, 11.450609, 11.549068 ] }, { "date": "2023-11-10", "close": 10.73841, "volume": 143435372, "typical_volume": 124535834.2, "trend": 11.716809, "fair_value": 14.947539, "relative_strength": -0.848425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.972022, "energy": 70.715714, "activity_lines": [ 10.859989, 11.110731, 11.375776, 11.477066 ] }, { "date": "2023-11-17", "close": 10.748111, "volume": 120729498, "typical_volume": 126999060.1, "trend": 11.612709, "fair_value": 14.942229, "relative_strength": -0.848174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.056321, "energy": 54.749703, "activity_lines": [ 10.81084, 11.006319, 11.305887, 11.414569 ] }, { "date": "2023-11-24", "close": 10.651106, "volume": 118314051, "typical_volume": 126912256.9, "trend": 11.543373, "fair_value": 14.933879, "relative_strength": -0.367264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.550453, "energy": 53.84638, "activity_lines": [ 10.762985, 10.901907, 11.228283, 11.352531 ] }, { "date": "2023-12-01", "close": 10.195185, "volume": 95150076, "typical_volume": 126221566.6, "trend": 11.461076, "fair_value": 14.906644, "relative_strength": -3.484226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.568688, "energy": 69.201091, "activity_lines": [ 10.554102, 10.735412, 11.110307, 11.265551 ] }, { "date": "2023-12-08", "close": 9.972074, "volume": 120644089, "typical_volume": 125870336.9, "trend": 11.377408, "fair_value": 14.876891, "relative_strength": -3.888581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.909278, "energy": 80.816028, "activity_lines": [ 10.321937, 10.56098, 10.976164, 11.169486 ] }, { "date": "2023-12-15", "close": 9.87507, "volume": 92308331, "typical_volume": 124405096.15, "trend": 11.306473, "fair_value": 14.84442, "relative_strength": -3.032249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.690177, "energy": 85.814102, "activity_lines": [ 10.126635, 10.400129, 10.841004, 11.072561 ] }, { "date": "2023-12-22", "close": 9.807166, "volume": 91652747, "typical_volume": 120181009.7, "trend": 11.244451, "fair_value": 14.80325, "relative_strength": -1.891871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.243286, "energy": 87.424594, "activity_lines": [ 9.966254, 10.257444, 10.707831, 10.975832 ] }, { "date": "2023-12-29", "close": 10.039977, "volume": 92441657, "typical_volume": 114178441.0, "trend": 11.190452, "fair_value": 14.764621, "relative_strength": -2.697419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.447412, "energy": 80.765762, "activity_lines": [ 9.946206, 10.183368, 10.607916, 10.898124 ] }, { "date": "2024-01-05", "close": 9.972074, "volume": 173280810, "typical_volume": 117793193.2, "trend": 11.122225, "fair_value": 14.723581, "relative_strength": 0.909317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.599355, "energy": 59.283216, "activity_lines": [ 9.944266, 10.105588, 10.512851, 10.819519 ] }, { "date": "2024-01-12", "close": 9.370645, "volume": 171754251, "typical_volume": 121139957.0, "trend": 11.061759, "fair_value": 14.686627, "relative_strength": -3.862174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.479444, "energy": 64.199126, "activity_lines": [ 9.756724, 9.936447, 10.370486, 10.706513 ] }, { "date": "2024-01-19", "close": 9.166935, "volume": 152106314, "typical_volume": 123407835.85, "trend": 10.981245, "fair_value": 14.635548, "relative_strength": -3.680896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.673739, "energy": 72.101326, "activity_lines": [ 9.541373, 9.760075, 10.218465, 10.584267 ] }, { "date": "2024-01-26", "close": 9.69076, "volume": 155806857, "typical_volume": 123173366.8, "trend": 10.935329, "fair_value": 14.586377, "relative_strength": 1.810726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.237868, "energy": 62.178875, "activity_lines": [ 9.54784, 9.707516, 10.127004, 10.50101 ] }, { "date": "2024-02-02", "close": 9.099032, "volume": 118485083, "typical_volume": 123287629.5, "trend": 10.862253, "fair_value": 14.523537, "relative_strength": 3.77192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.57725, "energy": 75.145232, "activity_lines": [ 9.364825, 9.566594, 9.988842, 10.382539 ] }, { "date": "2024-02-09", "close": 9.807166, "volume": 170837522, "typical_volume": 126141647.2, "trend": 10.81375, "fair_value": 14.459593, "relative_strength": 2.030683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.077402, "energy": 50.34401, "activity_lines": [ 9.480584, 9.582644, 9.930962, 10.314469 ] }, { "date": "2024-02-23", "close": 9.894469, "volume": 124164698, "typical_volume": 127419606.65, "trend": 10.753607, "fair_value": 14.376901, "relative_strength": -0.015013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.861774, "energy": 34.528639, "activity_lines": [ 9.636437, 9.621622, 9.891791, 10.25516 ] }, { "date": "2024-03-01", "close": 10.010876, "volume": 131397806, "typical_volume": 131619619.2, "trend": 10.698962, "fair_value": 14.303218, "relative_strength": -2.651593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.959886, "energy": 26.295996, "activity_lines": [ 9.796172, 9.683176, 9.872251, 10.207242 ] }, { "date": "2024-03-08", "close": 10.466797, "volume": 149092262, "typical_volume": 134037473.35, "trend": 10.643346, "fair_value": 14.218269, "relative_strength": 2.468232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.43939, "energy": 19.30096, "activity_lines": [ 10.051617, 9.825156, 9.903478, 10.192264 ] }, { "date": "2024-03-15", "close": 10.408595, "volume": 120575933, "typical_volume": 134944176.2, "trend": 10.576412, "fair_value": 14.107231, "relative_strength": -0.614931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.984397, "energy": 17.269343, "activity_lines": [ 10.235926, 9.94456, 9.932902, 10.177118 ] }, { "date": "2024-03-22", "close": 10.495897, "volume": 118378947, "typical_volume": 129180052.8, "trend": 10.52403, "fair_value": 14.00441, "relative_strength": 0.593183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.035879, "energy": 19.79232, "activity_lines": [ 10.362032, 10.073135, 9.97115, 10.171924 ] }, { "date": "2024-03-29", "close": 10.680208, "volume": 92932376, "typical_volume": 127674434.0, "trend": 10.499455, "fair_value": 13.937235, "relative_strength": 3.861378, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.583736, "energy": 31.267978, "activity_lines": [ 10.503659, 10.225697, 10.029168, 10.182 ] }, { "date": "2024-04-05", "close": 11.010023, "volume": 72954401, "typical_volume": 124150385.45, "trend": 10.486198, "fair_value": 13.877616, "relative_strength": 5.145415, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.250207, "energy": 48.493875, "activity_lines": [ 10.702842, 10.414415, 10.120167, 10.21494 ] }, { "date": "2024-04-12", "close": 10.777212, "volume": 115520372, "typical_volume": 123889929.15, "trend": 10.454833, "fair_value": 13.823357, "relative_strength": 6.579735, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.166821, "energy": 46.867491, "activity_lines": [ 10.757811, 10.527293, 10.187701, 10.233715 ] }, { "date": "2024-04-19", "close": 10.980921, "volume": 126581522, "typical_volume": 124303302.7, "trend": 10.427672, "fair_value": 13.777901, "relative_strength": 8.106577, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.27265, "energy": 50.606406, "activity_lines": [ 10.859989, 10.657455, 10.274497, 10.267656 ] }, { "date": "2024-04-26", "close": 10.816013, "volume": 128737831, "typical_volume": 125982690.45, "trend": 10.388547, "fair_value": 13.735862, "relative_strength": 4.467634, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.210807, "energy": 40.754235, "activity_lines": [ 10.869043, 10.723418, 10.344017, 10.29271 ] }, { "date": "2024-05-03", "close": 10.874216, "volume": 79685523, "typical_volume": 123934762.15, "trend": 10.361385, "fair_value": 13.69073, "relative_strength": 3.639179, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.623627, "energy": 30.558112, "activity_lines": [ 10.876156, 10.781621, 10.416124, 10.324044 ] }, { "date": "2024-05-10", "close": 10.777212, "volume": 172023257, "typical_volume": 127920508.45, "trend": 10.335518, "fair_value": 13.649409, "relative_strength": 1.210186, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.099574, "energy": 36.877607, "activity_lines": [ 10.838001, 10.804373, 10.474696, 10.350871 ] }, { "date": "2024-05-17", "close": 10.670507, "volume": 141461447, "typical_volume": 130410943.45, "trend": 10.316117, "fair_value": 13.606921, "relative_strength": 0.464019, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.711167, "energy": 28.770523, "activity_lines": [ 10.779799, 10.793791, 10.51881, 10.372484 ] }, { "date": "2024-05-24", "close": 10.078779, "volume": 163636977, "typical_volume": 133970709.45, "trend": 10.301566, "fair_value": 13.557899, "relative_strength": -2.202731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.19483, "energy": 14.539665, "activity_lines": [ 10.531467, 10.671918, 10.502458, 10.357171 ] }, { "date": "2024-05-31", "close": 9.719862, "volume": 102451776, "typical_volume": 130429257.75, "trend": 10.260177, "fair_value": 13.506012, "relative_strength": -5.05569, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -19.745046, "energy": 23.315542, "activity_lines": [ 10.223639, 10.490784, 10.451738, 10.319642 ] }, { "date": "2024-06-07", "close": 9.611505, "volume": 117866010, "typical_volume": 127734845.7, "trend": 10.21356, "fair_value": 13.449722, "relative_strength": -4.960812, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.142849, "energy": 37.579582, "activity_lines": [ 9.952769, 10.304058, 10.3919, 10.277792 ] }, { "date": "2024-06-14", "close": 9.454741, "volume": 72236261, "typical_volume": 123741343.05, "trend": 10.170771, "fair_value": 13.40589, "relative_strength": -6.359349, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.405052, "energy": 56.727931, "activity_lines": [ 9.713825, 10.108261, 10.315985, 10.228836 ] }, { "date": "2024-06-21", "close": 9.552718, "volume": 122953082, "typical_volume": 122098654.3, "trend": 10.130925, "fair_value": 13.364662, "relative_strength": -3.462932, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.356882, "energy": 61.464935, "activity_lines": [ 9.595705, 9.958556, 10.248031, 10.188962 ] }, { "date": "2024-06-28", "close": 9.46454, "volume": 141409334, "typical_volume": 123244866.85, "trend": 10.091373, "fair_value": 13.317224, "relative_strength": -2.095733, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.179644, "energy": 61.046603, "activity_lines": [ 9.522711, 9.815082, 10.172336, 10.145969 ] }, { "date": "2024-07-05", "close": 9.327373, "volume": 78586503, "typical_volume": 118632315.9, "trend": 10.062445, "fair_value": 13.267926, "relative_strength": -1.939208, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.88056, "energy": 60.230632, "activity_lines": [ 9.444944, 9.674239, 10.081837, 10.096679 ] }, { "date": "2024-07-12", "close": 9.50373, "volume": 108097020, "typical_volume": 117828932.0, "trend": 10.046834, "fair_value": 13.221886, "relative_strength": -1.959162, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.097974, "energy": 38.131781, "activity_lines": [ 9.452129, 9.592527, 10.010418, 10.060633 ] }, { "date": "2024-07-19", "close": 9.572314, "volume": 90521286, "typical_volume": 115785106.0, "trend": 10.036742, "fair_value": 13.183705, "relative_strength": -1.867171, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.500809, "energy": 43.752862, "activity_lines": [ 9.48936, 9.548203, 9.947392, 10.030019 ] }, { "date": "2024-07-26", "close": 8.700322, "volume": 140523365, "typical_volume": 115356661.15, "trend": 9.999847, "fair_value": 13.1344, "relative_strength": -7.56021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.25626, "energy": 59.005279, "activity_lines": [ 9.228089, 9.367242, 9.803408, 9.943798 ] }, { "date": "2024-08-02", "close": 8.866882, "volume": 109872445, "typical_volume": 114821486.75, "trend": 9.960744, "fair_value": 13.08963, "relative_strength": -5.241718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.159222, "energy": 61.944936, "activity_lines": [ 9.079165, 9.252386, 9.683698, 9.870703 ] }, { "date": "2024-08-09", "close": 8.974657, "volume": 85316842, "typical_volume": 113168381.5, "trend": 9.927497, "fair_value": 13.0433, "relative_strength": -2.222163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.977031, "energy": 66.773817, "activity_lines": [ 9.006009, 9.179161, 9.581594, 9.807085 ] }, { "date": "2024-08-16", "close": 8.612144, "volume": 61947378, "typical_volume": 111619131.6, "trend": 9.902214, "fair_value": 12.974032, "relative_strength": -5.55717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.748119, "energy": 77.91523, "activity_lines": [ 8.83553, 9.053572, 9.452209, 9.722223 ] }, { "date": "2024-08-23", "close": 8.514166, "volume": 128569437, "typical_volume": 114399883.4, "trend": 9.880455, "fair_value": 12.905353, "relative_strength": -4.587653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.262426, "energy": 76.96207, "activity_lines": [ 8.691831, 8.92834, 9.323341, 9.632672 ] }, { "date": "2024-08-30", "close": 8.631739, "volume": 101227830, "typical_volume": 113685256.3, "trend": 9.845154, "fair_value": 12.847582, "relative_strength": -5.103305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.060403, "energy": 67.956563, "activity_lines": [ 8.657866, 8.841587, 9.217555, 9.55211 ] }, { "date": "2024-09-06", "close": 8.367201, "volume": 75574302, "typical_volume": 111134895.3, "trend": 9.82076, "fair_value": 12.78769, "relative_strength": -5.38653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.486711, "energy": 72.441419, "activity_lines": [ 8.540294, 8.72348, 9.096791, 9.456758 ] }, { "date": "2024-09-13", "close": 7.936105, "volume": 94537547, "typical_volume": 109424881.1, "trend": 9.758391, "fair_value": 12.717007, "relative_strength": -8.402619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.951314, "energy": 78.714461, "activity_lines": [ 8.312335, 8.546944, 8.947417, 9.335167 ] }, { "date": "2024-09-20", "close": 8.318213, "volume": 63254012, "typical_volume": 108603305.55, "trend": 9.705849, "fair_value": 12.655706, "relative_strength": -4.883897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.856003, "energy": 58.01623, "activity_lines": [ 8.280982, 8.465178, 8.848149, 9.242253 ] }, { "date": "2024-09-27", "close": 9.454741, "volume": 151150213, "typical_volume": 107559653.35, "trend": 9.687311, "fair_value": 12.601083, "relative_strength": -7.939117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.307825, "energy": 33.37686, "activity_lines": [ 8.648068, 8.611609, 8.869292, 9.226052 ] }, { "date": "2024-10-04", "close": 10.140578, "volume": 98997657, "typical_volume": 105436463.85, "trend": 9.676437, "fair_value": 12.545991, "relative_strength": -10.482359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.067647, "energy": 12.12119, "activity_lines": [ 9.18106, 8.884874, 8.962051, 9.255295 ] }, { "date": "2024-10-11", "close": 9.239193, "volume": 291050425, "typical_volume": 111807136.25, "trend": 9.637457, "fair_value": 12.472595, "relative_strength": -14.293337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.640243, "energy": 24.343864, "activity_lines": [ 9.313002, 8.968065, 8.971487, 9.227086 ] }, { "date": "2024-10-18", "close": 8.955062, "volume": 164879065, "typical_volume": 114928500.7, "trend": 9.586096, "fair_value": 12.403519, "relative_strength": -18.942457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.414475, "energy": 21.70902, "activity_lines": [ 9.292101, 8.992827, 8.957861, 9.18306 ] }, { "date": "2024-10-25", "close": 9.366563, "volume": 155264052, "typical_volume": 116798402.8, "trend": 9.542308, "fair_value": 12.346263, "relative_strength": -16.986313, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.972237, "energy": 18.5418, "activity_lines": [ 9.340436, 9.092763, 8.987067, 9.168897 ] }, { "date": "2024-11-01", "close": 9.327373, "volume": 160830164, "typical_volume": 121228097.95, "trend": 9.486219, "fair_value": 12.291735, "relative_strength": -15.683569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.333532, "energy": 10.334892, "activity_lines": [ 9.305818, 9.171857, 9.013707, 9.15503 ] }, { "date": "2024-11-08", "close": 9.778064, "volume": 194670805, "typical_volume": 124813984.1, "trend": 9.452914, "fair_value": 12.237238, "relative_strength": -16.83721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.012727, "energy": 12.02756, "activity_lines": [ 9.429921, 9.318109, 9.083877, 9.173859 ] }, { "date": "2024-11-15", "close": 9.778064, "volume": 190935491, "typical_volume": 127290291.95, "trend": 9.412819, "fair_value": 12.183471, "relative_strength": -13.38074, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.87328, "energy": 28.660271, "activity_lines": [ 9.578192, 9.443519, 9.152974, 9.194836 ] }, { "date": "2024-11-22", "close": 9.24899, "volume": 153613150, "typical_volume": 131041624.3, "trend": 9.360585, "fair_value": 12.131664, "relative_strength": -15.33637, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.422245, "energy": 16.564139, "activity_lines": [ 9.51418, 9.447082, 9.17019, 9.184267 ] }, { "date": "2024-11-29", "close": 9.346968, "volume": 97201857, "typical_volume": 130496866.15, "trend": 9.309677, "fair_value": 12.086747, "relative_strength": -15.521306, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.811768, "energy": 18.516901, "activity_lines": [ 9.463233, 9.444588, 9.19711, 9.183388 ] }, { "date": "2024-12-06", "close": 9.356766, "volume": 94162062, "typical_volume": 130678904.95, "trend": 9.262329, "fair_value": 12.051745, "relative_strength": -16.560631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.468327, "energy": 9.254403, "activity_lines": [ 9.416858, 9.425171, 9.22571, 9.186426 ] }, { "date": "2024-12-13", "close": 9.307777, "volume": 108785294, "typical_volume": 129092001.4, "trend": 9.216904, "fair_value": 12.015699, "relative_strength": -16.119511, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.622552, "energy": 6.48521, "activity_lines": [ 9.352193, 9.398628, 9.250671, 9.189358 ] }, { "date": "2024-12-20", "close": 8.915871, "volume": 87547744, "typical_volume": 127975766.35, "trend": 9.178141, "fair_value": 11.974829, "relative_strength": -18.826185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.320866, "energy": 9.419372, "activity_lines": [ 9.188246, 9.315971, 9.235414, 9.169937 ] }, { "date": "2024-12-27", "close": 8.964859, "volume": 70012165, "typical_volume": 127210532.5, "trend": 9.152974, "fair_value": 11.931477, "relative_strength": -18.142891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.64781, "energy": 9.856313, "activity_lines": [ 9.098107, 9.2481, 9.22459, 9.156177 ] }, { "date": "2025-01-03", "close": 8.631739, "volume": 90595676, "typical_volume": 128642947.4, "trend": 9.120315, "fair_value": 11.883679, "relative_strength": -14.819443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.101876, "energy": 27.756004, "activity_lines": [ 8.915871, 9.119484, 9.182087, 9.122549 ] }, { "date": "2025-01-10", "close": 8.337809, "volume": 68687970, "typical_volume": 125648874.05, "trend": 9.083084, "fair_value": 11.832719, "relative_strength": -16.489494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -47.137664, "energy": 58.868966, "activity_lines": [ 8.68334, 8.950786, 9.111497, 9.072064 ] }, { "date": "2025-01-17", "close": 8.778704, "volume": 89552610, "typical_volume": 125065113.05, "trend": 9.057284, "fair_value": 11.780147, "relative_strength": -14.95006, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.761127, "energy": 53.718807, "activity_lines": [ 8.665704, 8.880243, 9.083737, 9.052427 ] }, { "date": "2025-01-24", "close": 8.445583, "volume": 89739644, "typical_volume": 125773380.15, "trend": 9.023318, "fair_value": 11.727993, "relative_strength": -18.880053, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.101846, "energy": 58.894011, "activity_lines": [ 8.5723, 8.767303, 9.023552, 9.012962 ] }, { "date": "2025-01-31", "close": 8.651334, "volume": 24313862, "typical_volume": 122262195.9, "trend": 9.000784, "fair_value": 11.673024, "relative_strength": -15.376831, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.95784, "energy": 58.49265, "activity_lines": [ 8.578831, 8.715999, 8.982588, 8.988963 ] }, { "date": "2025-02-07", "close": 8.847286, "volume": 61130998, "typical_volume": 122156045.2, "trend": 8.978902, "fair_value": 11.616999, "relative_strength": -16.428536, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.447934, "energy": 23.802281, "activity_lines": [ 8.671582, 8.711189, 8.956881, 8.97906 ] }, { "date": "2025-02-14", "close": 8.808096, "volume": 72513386, "typical_volume": 118224203.85, "trend": 8.953428, "fair_value": 11.556285, "relative_strength": -17.678795, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.086238, "energy": 16.633378, "activity_lines": [ 8.7369, 8.708338, 8.924922, 8.968041 ] }, { "date": "2025-02-21", "close": 8.67093, "volume": 76797729, "typical_volume": 117114207.45, "trend": 8.952449, "fair_value": 11.499191, "relative_strength": -20.27908, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.762962, "energy": 22.900553, "activity_lines": [ 8.725143, 8.690525, 8.882979, 8.949815 ] }, { "date": "2025-02-28", "close": 8.631739, "volume": 111181846, "typical_volume": 108120778.5, "trend": 8.94461, "fair_value": 11.445129, "relative_strength": -17.398967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.01222, "energy": 23.036835, "activity_lines": [ 8.707507, 8.677164, 8.844301, 8.929124 ] }, { "date": "2025-03-07", "close": 8.592548, "volume": 100544945, "typical_volume": 104904072.5, "trend": 8.931874, "fair_value": 11.379567, "relative_strength": -19.023381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.009971, "energy": 27.228408, "activity_lines": [ 8.664398, 8.661844, 8.804784, 8.90641 ] }, { "date": "2025-03-14", "close": 8.572952, "volume": 98873514, "typical_volume": 102084545.6, "trend": 8.930567, "fair_value": 11.314974, "relative_strength": -19.722107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.444111, "energy": 38.100739, "activity_lines": [ 8.618675, 8.649731, 8.765127, 8.883254 ] }, { "date": "2025-03-21", "close": 8.396594, "volume": 101703229, "typical_volume": 99128198.85, "trend": 8.926648, "fair_value": 11.255878, "relative_strength": -18.733899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.54467, "energy": 48.881118, "activity_lines": [ 8.532455, 8.606621, 8.712453, 8.848804 ] }, { "date": "2025-03-28", "close": 8.58275, "volume": 123049868, "typical_volume": 95547152.0, "trend": 8.925015, "fair_value": 11.210502, "relative_strength": -15.756072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.289076, "energy": 40.355133, "activity_lines": [ 8.535721, 8.596289, 8.68194, 8.826617 ] }, { "date": "2025-04-04", "close": 8.406392, "volume": 66035357, "typical_volume": 89302145.3, "trend": 8.926321, "fair_value": 11.174272, "relative_strength": -14.980851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.131595, "energy": 50.06121, "activity_lines": [ 8.48608, 8.557454, 8.640323, 8.793158 ] }, { "date": "2025-04-11", "close": 8.053677, "volume": 205347909, "typical_volume": 91888883.25, "trend": 8.930241, "fair_value": 11.133166, "relative_strength": -13.539557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.25833, "energy": 62.19585, "activity_lines": [ 8.33389, 8.455202, 8.571646, 8.736858 ] }, { "date": "2025-04-18", "close": 7.86752, "volume": 105354044, "typical_volume": 92296492.6, "trend": 8.915217, "fair_value": 11.096704, "relative_strength": -14.423636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.033128, "energy": 72.797269, "activity_lines": [ 8.155572, 8.32997, 8.490932, 8.668295 ] }, { "date": "2025-04-25", "close": 8.043879, "volume": 102705281, "typical_volume": 92723653.55, "trend": 8.868189, "fair_value": 11.060948, "relative_strength": -13.110208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.868891, "energy": 74.658589, "activity_lines": [ 8.083069, 8.254617, 8.434059, 8.61208 ] }, { "date": "2025-05-02", "close": 8.16145, "volume": 51246288, "typical_volume": 89846703.25, "trend": 8.802218, "fair_value": 11.020107, "relative_strength": -11.119355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.604861, "energy": 70.266872, "activity_lines": [ 8.073271, 8.214536, 8.394635, 8.566484 ] }, { "date": "2025-05-09", "close": 8.396594, "volume": 85974181, "typical_volume": 89768025.1, "trend": 8.774131, "fair_value": 10.985821, "relative_strength": -10.089514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.763267, "energy": 44.361755, "activity_lines": [ 8.169942, 8.226471, 8.383064, 8.540315 ] }, { "date": "2025-05-16", "close": 8.465178, "volume": 78916061, "typical_volume": 90213219.9, "trend": 8.757802, "fair_value": 10.956352, "relative_strength": -9.319349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.958152, "energy": 25.070505, "activity_lines": [ 8.290126, 8.255152, 8.380498, 8.520382 ] }, { "date": "2025-05-23", "close": 8.494572, "volume": 67062918, "typical_volume": 89036582.0, "trend": 8.728735, "fair_value": 10.927377, "relative_strength": -8.135567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.677503, "energy": 20.555407, "activity_lines": [ 8.392676, 8.291492, 8.383111, 8.5034 ] }, { "date": "2025-05-30", "close": 8.513713, "volume": 58234602, "typical_volume": 88513913.6, "trend": 8.701613, "fair_value": 10.894996, "relative_strength": -6.713386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.269604, "energy": 21.001904, "activity_lines": [ 8.459802, 8.332738, 8.3882, 8.489527 ] }, { "date": "2025-06-06", "close": 8.49389, "volume": 51265521, "typical_volume": 86599559.15, "trend": 8.658807, "fair_value": 10.86328, "relative_strength": -7.839614, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.023703, "energy": 18.964878, "activity_lines": [ 8.488998, 8.36825, 8.390563, 8.476126 ] }, { "date": "2025-06-13", "close": 8.483979, "volume": 86606576, "typical_volume": 86442905.75, "trend": 8.615671, "fair_value": 10.830466, "relative_strength": -7.024066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.035287, "energy": 13.291241, "activity_lines": [ 8.492728, 8.403576, 8.393339, 8.464846 ] }, { "date": "2025-06-20", "close": 7.98842, "volume": 113540960, "typical_volume": 90904260.65, "trend": 8.573652, "fair_value": 10.789671, "relative_strength": -10.945275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.022048, "energy": 25.474413, "activity_lines": [ 8.325446, 8.34739, 8.348736, 8.424379 ] }, { "date": "2025-06-27", "close": 8.186644, "volume": 121208932, "typical_volume": 93908157.35, "trend": 8.534975, "fair_value": 10.748688, "relative_strength": -11.486955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.288162, "energy": 25.222101, "activity_lines": [ 8.256022, 8.328431, 8.326168, 8.39941 ] }, { "date": "2025-07-04", "close": 8.424512, "volume": 87573197, "typical_volume": 94661147.9, "trend": 8.5039, "fair_value": 10.702537, "relative_strength": -9.514607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.395673, "energy": 20.636452, "activity_lines": [ 8.286416, 8.346918, 8.3294, 8.392284 ] }, { "date": "2025-07-11", "close": 8.503801, "volume": 75230011, "typical_volume": 94582762.0, "trend": 8.477101, "fair_value": 10.657507, "relative_strength": -9.717283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.877531, "energy": 15.937102, "activity_lines": [ 8.349187, 8.372901, 8.34201, 8.392277 ] }, { "date": "2025-07-18", "close": 8.702024, "volume": 94595038, "typical_volume": 93753421.6, "trend": 8.469972, "fair_value": 10.618231, "relative_strength": -8.903329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.954242, "energy": 19.848855, "activity_lines": [ 8.477371, 8.4287, 8.374294, 8.406789 ] }, { "date": "2025-07-25", "close": 9.346252, "volume": 220281671, "typical_volume": 99740257.9, "trend": 8.482685, "fair_value": 10.584682, "relative_strength": -4.017781, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.081807, "energy": 63.624388, "activity_lines": [ 8.805762, 8.596078, 8.467599, 8.463323 ] }, { "date": "2025-08-01", "close": 9.07865, "volume": 156339485, "typical_volume": 102613556.45, "trend": 8.497582, "fair_value": 10.553469, "relative_strength": -4.823875, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.351346, "energy": 75.128819, "activity_lines": [ 8.95443, 8.698781, 8.531828, 8.501772 ] }, { "date": "2025-08-08", "close": 9.058828, "volume": 86491933, "typical_volume": 101852991.65, "trend": 8.521616, "fair_value": 10.522376, "relative_strength": -5.670327, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.845911, "energy": 77.674513, "activity_lines": [ 9.037023, 8.787261, 8.591762, 8.537981 ] }, { "date": "2025-08-15", "close": 9.138118, "volume": 102911034, "typical_volume": 100846049.95, "trend": 8.533597, "fair_value": 10.495413, "relative_strength": -8.481354, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.117924, "energy": 78.822257, "activity_lines": [ 9.103759, 8.880246, 8.656093, 8.577756 ] }, { "date": "2025-08-22", "close": 9.931013, "volume": 280806346, "typical_volume": 111584599.4, "trend": 8.583111, "fair_value": 10.471323, "relative_strength": -4.404157, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.885712, "energy": 85.186961, "activity_lines": [ 9.392505, 9.105681, 8.793294, 8.667912 ] }, { "date": "2025-08-29", "close": 9.931013, "volume": 297211927, "typical_volume": 116177800.3, "trend": 8.625767, "fair_value": 10.444653, "relative_strength": -7.873207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.182548, "energy": 83.839527, "activity_lines": [ 9.599318, 9.304806, 8.923235, 8.754873 ] }, { "date": "2025-09-05", "close": 9.534565, "volume": 144964460, "typical_volume": 118158321.1, "trend": 8.648676, "fair_value": 10.405617, "relative_strength": -10.256673, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.421207, "energy": 67.648625, "activity_lines": [ 9.634999, 9.396529, 9.006479, 8.813505 ] }, { "date": "2025-09-12", "close": 9.534565, "volume": 123706346, "typical_volume": 119208374.35, "trend": 8.672892, "fair_value": 10.373459, "relative_strength": -12.059224, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.382355, "energy": 55.191919, "activity_lines": [ 9.640285, 9.463745, 9.081785, 8.870659 ] }, { "date": "2025-09-19", "close": 9.375986, "volume": 107670307, "typical_volume": 122029575.3, "trend": 8.696394, "fair_value": 10.345442, "relative_strength": -13.875111, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.9252, "energy": 46.394446, "activity_lines": [ 9.560995, 9.481946, 9.134889, 8.91602 ] }, { "date": "2025-09-26", "close": 9.802168, "volume": 171268407, "typical_volume": 126294286.6, "trend": 8.735408, "fair_value": 10.322, "relative_strength": -10.381351, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.733647, "energy": 43.034453, "activity_lines": [ 9.607908, 9.561776, 9.222799, 8.98736 ] }, { "date": "2025-10-03", "close": 9.564299, "volume": 69513323, "typical_volume": 125824149.7, "trend": 8.7678, "fair_value": 10.291628, "relative_strength": -14.098061, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.214812, "energy": 35.605914, "activity_lines": [ 9.584121, 9.578355, 9.281361, 9.040837 ] }, { "date": "2025-10-10", "close": 10.040036, "volume": 129089429, "typical_volume": 128925475.25, "trend": 8.816703, "fair_value": 10.267869, "relative_strength": -8.313195, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.160458, "energy": 41.838628, "activity_lines": [ 9.743361, 9.677467, 9.379998, 9.122917 ] }, { "date": "2025-10-17", "close": 9.257051, "volume": 162295434, "typical_volume": 134128516.85, "trend": 8.845385, "fair_value": 10.241546, "relative_strength": -10.740554, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.627411, "energy": 28.635306, "activity_lines": [ 9.607908, 9.616738, 9.396705, 9.151327 ] }, { "date": "2025-10-24", "close": 9.841812, "volume": 172592427, "typical_volume": 140194862.15, "trend": 8.887353, "fair_value": 10.219708, "relative_strength": -9.085937, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.198365, "energy": 33.574727, "activity_lines": [ 9.685876, 9.658725, 9.465564, 9.215612 ] }, { "date": "2025-10-31", "close": 10.099503, "volume": 145012815, "typical_volume": 143115174.1, "trend": 8.94379, "fair_value": 10.21076, "relative_strength": -7.025274, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.636047, "energy": 39.734898, "activity_lines": [ 9.818686, 9.734771, 9.552547, 9.293815 ] }, { "date": "2025-11-07", "close": 10.704085, "volume": 229638457, "typical_volume": 148920048.95, "trend": 9.032137, "fair_value": 10.209003, "relative_strength": -1.468825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.50622, "energy": 46.306175, "activity_lines": [ 10.133201, 9.917678, 9.689416, 9.407383 ] }, { "date": "2025-11-14", "close": 10.704085, "volume": 235130997, "typical_volume": 154616152.2, "trend": 9.126689, "fair_value": 10.210809, "relative_strength": 0.170084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.795149, "energy": 66.932793, "activity_lines": [ 10.37173, 10.086528, 9.813353, 9.51525 ] }, { "date": "2025-11-21", "close": 9.722878, "volume": 205757674, "typical_volume": 160525376.05, "trend": 9.182656, "fair_value": 10.199078, "relative_strength": -3.839404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.39952, "energy": 50.280384, "activity_lines": [ 10.23892, 10.055713, 9.831854, 9.553714 ] }, { "date": "2025-11-28", "close": 9.633677, "volume": 187345967, "typical_volume": 166131173.85, "trend": 9.23173, "fair_value": 10.184503, "relative_strength": -7.68881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.175079, "energy": 34.229566, "activity_lines": [ 10.045322, 10.005256, 9.835676, 9.582812 ] }, { "date": "2025-12-05", "close": 9.712967, "volume": 130599480, "typical_volume": 167931395.95, "trend": 9.275609, "fair_value": 10.172402, "relative_strength": -7.804124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.624767, "energy": 18.795794, "activity_lines": [ 9.892029, 9.964531, 9.84167, 9.61386 ] }, { "date": "2025-12-12", "close": 9.257051, "volume": 118785077, "typical_volume": 162856566.25, "trend": 9.302005, "fair_value": 10.156272, "relative_strength": -12.506757, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.312585, "energy": 16.503234, "activity_lines": [ 9.612533, 9.842533, 9.79943, 9.612662 ] }, { "date": "2025-12-19", "close": 9.732788, "volume": 154349673, "typical_volume": 162757075.65, "trend": 9.343279, "fair_value": 10.13957, "relative_strength": -6.966495, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.572815, "energy": 18.692888, "activity_lines": [ 9.588085, 9.812619, 9.802922, 9.640455 ] }, { "date": "2025-12-26", "close": 10.912221, "volume": 217197736, "typical_volume": 169292365.8, "trend": 9.423229, "fair_value": 10.127111, "relative_strength": 0.846804, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.583569, "energy": 27.02497, "activity_lines": [ 10.021535, 10.002734, 9.915627, 9.741677 ] }, { "date": "2026-01-02", "close": 11.606004, "volume": 235193965, "typical_volume": 175906512.35, "trend": 9.526966, "fair_value": 10.122478, "relative_strength": 7.920581, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.91839, "energy": 58.936767, "activity_lines": [ 10.606956, 10.288897, 10.08558, 9.882501 ] }, { "date": "2026-01-09", "close": 11.506891, "volume": 353515751, "typical_volume": 179541982.6, "trend": 9.62773, "fair_value": 10.122613, "relative_strength": 2.579073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.175186, "energy": 73.777038, "activity_lines": [ 11.027851, 10.524963, 10.234342, 10.010238 ] }, { "date": "2026-01-16", "close": 11.536626, "volume": 291744635, "typical_volume": 179268618.0, "trend": 9.746004, "fair_value": 10.121035, "relative_strength": 1.82352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.591241, "energy": 77.506509, "activity_lines": [ 11.339062, 10.740847, 10.378432, 10.133393 ] }, { "date": "2026-01-23", "close": 13.598153, "volume": 495240745, "typical_volume": 196782432.25, "trend": 9.926387, "fair_value": 10.13083, "relative_strength": 18.353047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.054765, "energy": 90.646633, "activity_lines": [ 12.185478, 11.316417, 10.711212, 10.381918 ] }, { "date": "2026-01-30", "close": 14.619005, "volume": 405523070, "typical_volume": 210873268.45, "trend": 10.13287, "fair_value": 10.154599, "relative_strength": 28.780307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.44048, "energy": 96.174974, "activity_lines": [ 13.114487, 12.024977, 11.121866, 10.684668 ] }, { "date": "2026-02-06", "close": 14.341493, "volume": 358379494, "typical_volume": 223408727.8, "trend": 10.32746, "fair_value": 10.168421, "relative_strength": 28.451459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.784299, "energy": 92.93705, "activity_lines": [ 13.703872, 12.594059, 11.481878, 10.956192 ] }, { "date": "2026-02-13", "close": 14.460426, "volume": 280395227, "typical_volume": 228865068.8, "trend": 10.519407, "fair_value": 10.180305, "relative_strength": 27.112005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.93256, "energy": 90.540066, "activity_lines": [ 14.150537, 13.09917, 11.829572, 11.222835 ] }, { "date": "2026-02-27", "close": 15.461457, "volume": 240322895, "typical_volume": 237405547.4, "trend": 10.723247, "fair_value": 10.201307, "relative_strength": 31.339063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.998337, "energy": 93.156476, "activity_lines": [ 14.733975, 13.699968, 12.25042, 11.541677 ] }, { "date": "2026-03-06", "close": 15.104653, "volume": 460259412, "typical_volume": 253964046.55, "trend": 10.924114, "fair_value": 10.213881, "relative_strength": 30.448107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.174904, "energy": 77.306945, "activity_lines": [ 14.936824, 14.123086, 12.609205, 11.824348 ] }, { "date": "2026-03-13", "close": 13.499041, "volume": 430837589, "typical_volume": 267391154.3, "trend": 11.072121, "fair_value": 10.217145, "relative_strength": 15.283891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.163805, "energy": 57.946256, "activity_lines": [ 14.504036, 14.156603, 12.790957, 11.990473 ] }, { "date": "2026-03-20", "close": 11.209557, "volume": 463880464, "typical_volume": 281955556.15, "trend": 11.141169, "fair_value": 10.203707, "relative_strength": -1.469992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.406423, "energy": 29.003918, "activity_lines": [ 13.38275, 13.726818, 12.734464, 11.999339 ] }, { "date": "2026-03-27", "close": 11.99254, "volume": 357716835, "typical_volume": 292590757.15, "trend": 11.209887, "fair_value": 10.205051, "relative_strength": 6.009607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.720763, "energy": 24.762243, "activity_lines": [ 12.731254, 13.446602, 12.746027, 12.054267 ] }, { "date": "2026-04-03", "close": 11.724938, "volume": 214066815, "typical_volume": 291812175.05, "trend": 11.269684, "fair_value": 10.209593, "relative_strength": 6.63487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.618461, "energy": 25.983376, "activity_lines": [ 12.155084, 13.108901, 12.723089, 12.087496 ] }, { "date": "2026-04-10", "close": 12.527745, "volume": 218605700, "typical_volume": 290985910.2, "trend": 11.369457, "fair_value": 10.216333, "relative_strength": 6.159751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.617066, "energy": 25.648586, "activity_lines": [ 12.095617, 12.91374, 12.771749, 12.168661 ] }, { "date": "2026-04-17", "close": 11.556448, "volume": 273623718, "typical_volume": 294379212.4, "trend": 11.436853, "fair_value": 10.197504, "relative_strength": -5.76655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.486916, "energy": 16.266631, "activity_lines": [ 11.884178, 12.561443, 12.719219, 12.180725 ] }, { "date": "2026-04-24", "close": 12.002451, "volume": 255925957, "typical_volume": 297808211.9, "trend": 11.524402, "fair_value": 10.179139, "relative_strength": -2.487093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.207753, "energy": 14.264339, "activity_lines": [ 11.950913, 12.345919, 12.700435, 12.217215 ] }, { "date": "2026-05-01", "close": 13.82611, "volume": 333675707, "typical_volume": 307962023.25, "trend": 11.658533, "fair_value": 10.178851, "relative_strength": 10.816335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.512559, "energy": 17.3377, "activity_lines": [ 12.572675, 12.504498, 12.844053, 12.365712 ] }, { "date": "2026-05-08", "close": 12.785435, "volume": 205228789, "typical_volume": 312284208.85, "trend": 11.765904, "fair_value": 10.179199, "relative_strength": -0.521966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.452308, "energy": 14.625276, "activity_lines": [ 12.725307, 12.485397, 12.868973, 12.438416 ] }, { "date": "2026-05-15", "close": 12.914281, "volume": 278968790, "typical_volume": 318515164.7, "trend": 11.861712, "fair_value": 10.180802, "relative_strength": 0.494463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.138808, "energy": 20.752997, "activity_lines": [ 12.850188, 12.538376, 12.889361, 12.512505 ] }, { "date": "2026-05-22", "close": 11.348312, "volume": 277418999, "typical_volume": 321526227.85, "trend": 11.931421, "fair_value": 10.173534, "relative_strength": -11.680893, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.401867, "energy": 10.290537, "activity_lines": [ 12.427311, 12.34646, 12.74546, 12.479382 ] }, { "date": "2026-05-29", "close": 11.160001, "volume": 210481126, "typical_volume": 320290585.9, "trend": 11.975361, "fair_value": 10.16813, "relative_strength": -12.774745, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.468405, "energy": 21.488111, "activity_lines": [ 11.955538, 12.159409, 12.581548, 12.429613 ] }, { "date": "2026-06-05", "close": 11.43, "volume": 62978221, "typical_volume": 305763709.4, "trend": 12.019711, "fair_value": 10.166605, "relative_strength": -8.928716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.936175, "energy": 33.159683, "activity_lines": [ 11.629929, 12.022349, 12.445474, 12.394428 ] }, { "date": "2026-06-12", "close": 11.34, "volume": 85546809, "typical_volume": 295453818.1, "trend": 12.040908, "fair_value": 10.164554, "relative_strength": -7.358911, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.281153, "energy": 47.225113, "activity_lines": [ 11.434061, 11.879154, 12.301195, 12.350576 ] }, { "date": "2026-06-19", "close": 11.21, "volume": 276632273, "typical_volume": 284523394.5, "trend": 12.057772, "fair_value": 10.159369, "relative_strength": -14.238078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.38692, "energy": 50.924412, "activity_lines": [ 11.291221, 11.719322, 12.14547, 12.296969 ] }, { "date": "2026-06-26", "close": 11.38, "volume": 92811203, "typical_volume": 268887801.15, "trend": 12.113009, "fair_value": 10.160621, "relative_strength": -11.405077, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.375118, "energy": 43.718776, "activity_lines": [ 11.318667, 11.614358, 12.017309, 12.253242 ] }, { "date": "2026-07-03", "close": 11.68, "volume": 89569051, "typical_volume": 255447279.0, "trend": 12.18122, "fair_value": 10.161247, "relative_strength": -7.905742, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.602344, "energy": 28.656933, "activity_lines": [ 11.444, 11.567147, 11.933143, 12.225306 ] }, { "date": "2026-07-10", "close": 10.95, "volume": 344665257, "typical_volume": 258660780.5, "trend": 12.222454, "fair_value": 10.16049, "relative_strength": -10.344131, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.691133, "energy": 36.097434, "activity_lines": [ 11.291333, 11.393072, 11.792127, 12.145872 ] }, { "date": "2026-07-17", "close": 11.33, "volume": 347300357, "typical_volume": 264009653.6, "trend": 12.291553, "fair_value": 10.160737, "relative_strength": 1.758746, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.063346, "energy": 30.394893, "activity_lines": [ 11.297333, 11.34038, 11.704017, 12.088295 ] }, { "date": "2026-07-24", "close": 11.59, "volume": 374361161, "typical_volume": 259714741.05, "trend": 12.35346, "fair_value": 10.162838, "relative_strength": 3.473609, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.64513, "energy": 23.3634, "activity_lines": [ 11.390667, 11.361424, 11.660344, 12.043033 ] }, { "date": "2026-07-31", "close": 12.36, "volume": 236494118, "typical_volume": 249997567.5, "trend": 12.401719, "fair_value": 10.167077, "relative_strength": 11.744901, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.636577, "energy": 13.565589, "activity_lines": [ 11.715333, 11.546545, 11.706739, 12.043455 ] }, { "date": "2026-08-07", "close": 13.23, "volume": 312397066, "typical_volume": 242423397.6, "trend": 12.455852, "fair_value": 10.177204, "relative_strength": 13.228512, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.889589, "energy": 14.727055, "activity_lines": [ 12.264667, 11.871455, 11.841417, 12.096893 ] } ], "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." } } }