{ "ticker": { "uuid": "23f660fc-42d3-4907-a1da-77f7020e90d8", "symbol": "601577", "name": "Bank of Changsha 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 64.561, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -29.226, "architecture_energy": 23.124, "architecture_maturity": 67.545, "architecture_confidence": 67.177, "architecture_tenure": "Developing", "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": 41.97, "rotation_up": 36.34, "upward_expansion": 20.32, "deceleration": 44.13, "rotation_down": 25.01, "downward_expansion": 56.66 }, "activity_lines": [ 9.254672, 9.121927, 9.244057, 9.34834 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 9.21, "trend_reference": 9.453253, "distance_from_trend": -0.025732, "trend_direction": "Weakening", "fair_value": 8.254745, "distance_from_fair_value": 0.115722, "fair_value_direction": "Weakening", "relative_strength": -2.114359, "relative_strength_direction": "Improving", "price_momentum": -0.056352, "excess_performance": -0.013149, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.025732, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.018693, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.115722, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.081035, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.021144, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.059217, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.056352, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.425232, "read": "Demand-led" } ], "volume": { "latest": 109927624, "relative_activity": 1.452579, "balance": 1.425232, "dry_up": 1.517863, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.044834, "annualized_volatility": 0.202809, "from_high_reference": -0.092611, "from_low_reference": 0.089044 }, "levels": { "trend_reference": 9.453253, "fair_value_reference": 8.254745, "structural_low": 8.456955, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.007553, "positive_rate": 0.47619, "directional_follow_through": 0.52381, "median_excess_return": 0.005212, "regime_survival": 0.714286, "best_return": 0.210287, "worst_return": -0.10842, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.068457, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": 0.048242, "regime_survival": 0.142857, "best_return": 0.317701, "worst_return": -0.034783, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.133334, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.071266, "regime_survival": 0.2, "best_return": 0.335855, "worst_return": -0.058754, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.253602, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.182125, "regime_survival": 0.0, "best_return": 0.276004, "worst_return": -0.111634, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": 0.037037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-10", "tenure": "Developing", "return": -0.059024, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.073944, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.070499, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.082286, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-08-15", "tenure": "Established", "return": 0.136056, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.075203, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.076663, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": 0.032393, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.041206, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-02-13", "tenure": "Developing", "return": 0.046414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-04-10", "tenure": "Developing", "return": -0.037755, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-26", "tenure": "Developing", "return": -0.088299, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.08156, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.261116, "volume": 47926911, "typical_volume": 59872001.05, "trend": 6.690106, "fair_value": 6.749031, "relative_strength": 12.596295, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.40288, "energy": 18.025637, "activity_lines": [ 6.88314, 6.834918, 6.883664, 6.841556 ] }, { "date": "2023-08-04", "close": 7.448903, "volume": 68726032, "typical_volume": 58227785.95, "trend": 6.745752, "fair_value": 6.75187, "relative_strength": 14.653526, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.151918, "energy": 45.864783, "activity_lines": [ 7.10546, 6.944564, 6.937525, 6.89051 ] }, { "date": "2023-08-11", "close": 7.270059, "volume": 39159640, "typical_volume": 56672546.4, "trend": 6.792587, "fair_value": 6.755123, "relative_strength": 14.891695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.508791, "energy": 56.601584, "activity_lines": [ 7.213869, 7.010927, 6.971371, 6.924337 ] }, { "date": "2023-08-18", "close": 7.39525, "volume": 44922657, "typical_volume": 56495738.2, "trend": 6.841886, "fair_value": 6.759532, "relative_strength": 18.396473, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.664682, "energy": 71.031932, "activity_lines": [ 7.315366, 7.09378, 7.0157, 6.963218 ] }, { "date": "2023-08-25", "close": 7.466788, "volume": 42698977, "typical_volume": 56836069.85, "trend": 6.892999, "fair_value": 6.762989, "relative_strength": 21.474886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.734059, "energy": 76.310934, "activity_lines": [ 7.392269, 7.187155, 7.063831, 7.003534 ] }, { "date": "2023-09-01", "close": 7.332654, "volume": 72419886, "typical_volume": 57121381.05, "trend": 6.942491, "fair_value": 6.763523, "relative_strength": 16.075305, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.827708, "energy": 61.641065, "activity_lines": [ 7.380346, 7.245828, 7.094817, 7.031899 ] }, { "date": "2023-09-08", "close": 7.31477, "volume": 34022874, "typical_volume": 54498683.9, "trend": 6.976282, "fair_value": 6.763992, "relative_strength": 15.838946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.395175, "energy": 47.733192, "activity_lines": [ 7.357693, 7.288089, 7.120734, 7.055917 ] }, { "date": "2023-09-15", "close": 7.35948, "volume": 38380507, "typical_volume": 51074040.65, "trend": 6.998739, "fair_value": 6.764697, "relative_strength": 15.892649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.143115, "energy": 39.301896, "activity_lines": [ 7.358885, 7.326109, 7.14889, 7.08064 ] }, { "date": "2023-09-22", "close": 7.31477, "volume": 70990950, "typical_volume": 52250474.05, "trend": 7.011442, "fair_value": 6.766123, "relative_strength": 14.064113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.013622, "energy": 29.268059, "activity_lines": [ 7.339212, 7.341109, 7.171087, 7.101029 ] }, { "date": "2023-09-29", "close": 7.323711, "volume": 48118753, "typical_volume": 48264175.95, "trend": 7.023587, "fair_value": 6.76831, "relative_strength": 14.436461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.104757, "energy": 26.227098, "activity_lines": [ 7.327885, 7.345986, 7.193624, 7.121175 ] }, { "date": "2023-10-13", "close": 7.261116, "volume": 60601261, "typical_volume": 45888675.8, "trend": 7.038491, "fair_value": 6.768536, "relative_strength": 13.811137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.631483, "energy": 22.398014, "activity_lines": [ 7.305231, 7.330053, 7.209278, 7.1365 ] }, { "date": "2023-10-20", "close": 7.171693, "volume": 36804914, "typical_volume": 44786397.0, "trend": 7.050129, "fair_value": 6.770001, "relative_strength": 15.793482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.618482, "energy": 16.064158, "activity_lines": [ 7.257539, 7.29786, 7.216363, 7.145093 ] }, { "date": "2023-10-27", "close": 6.751407, "volume": 62538963, "typical_volume": 45651491.75, "trend": 7.042913, "fair_value": 6.768873, "relative_strength": 7.38827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.631885, "energy": 11.918401, "activity_lines": [ 7.07929, 7.194293, 7.181921, 7.125821 ] }, { "date": "2023-11-03", "close": 6.56362, "volume": 71357573, "typical_volume": 47239763.55, "trend": 7.036277, "fair_value": 6.765936, "relative_strength": 3.65483, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.488349, "energy": 39.413748, "activity_lines": [ 6.878983, 7.066012, 7.130422, 7.094899 ] }, { "date": "2023-11-10", "close": 6.340063, "volume": 64545196, "typical_volume": 48822177.0, "trend": 7.029313, "fair_value": 6.7591, "relative_strength": -0.382931, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.715366, "energy": 66.829029, "activity_lines": [ 6.654235, 6.912205, 7.060941, 7.049982 ] }, { "date": "2023-11-17", "close": 6.277467, "volume": 57254111, "typical_volume": 50197878.8, "trend": 7.017698, "fair_value": 6.751057, "relative_strength": -2.067056, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.999642, "energy": 86.663715, "activity_lines": [ 6.474197, 6.767503, 6.988163, 7.001476 ] }, { "date": "2023-11-24", "close": 6.286409, "volume": 77113748, "typical_volume": 52195921.0, "trend": 6.997547, "fair_value": 6.745991, "relative_strength": -1.696246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.923386, "energy": 87.915279, "activity_lines": [ 6.362717, 6.643612, 6.917814, 6.954296 ] }, { "date": "2023-12-01", "close": 6.116507, "volume": 79290907, "typical_volume": 54148590.15, "trend": 6.968027, "fair_value": 6.74039, "relative_strength": -4.217878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.249909, "energy": 91.702246, "activity_lines": [ 6.253621, 6.507527, 6.832941, 6.897454 ] }, { "date": "2023-12-08", "close": 6.000257, "volume": 81014312, "typical_volume": 56832384.7, "trend": 6.927793, "fair_value": 6.734547, "relative_strength": -4.182715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.352641, "energy": 93.242799, "activity_lines": [ 6.148102, 6.372905, 6.739016, 6.835018 ] }, { "date": "2023-12-15", "close": 5.97343, "volume": 68256193, "typical_volume": 58307218.25, "trend": 6.88923, "fair_value": 6.727123, "relative_strength": -3.88156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.959336, "energy": 91.266666, "activity_lines": [ 6.071199, 6.257306, 6.645718, 6.773446 ] }, { "date": "2023-12-22", "close": 5.89295, "volume": 66920799, "typical_volume": 59256912.65, "trend": 6.843994, "fair_value": 6.716967, "relative_strength": -4.415137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.131976, "energy": 90.881136, "activity_lines": [ 5.991911, 6.151625, 6.548716, 6.70917 ] }, { "date": "2023-12-29", "close": 6.098622, "volume": 57760817, "typical_volume": 58708651.9, "trend": 6.818723, "fair_value": 6.704958, "relative_strength": -3.256561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.582917, "energy": 82.014812, "activity_lines": [ 6.006815, 6.108215, 6.477816, 6.661081 ] }, { "date": "2024-01-05", "close": 6.17016, "volume": 57521392, "typical_volume": 59626739.5, "trend": 6.793556, "fair_value": 6.697234, "relative_strength": -0.82638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.85246, "energy": 63.02543, "activity_lines": [ 6.058084, 6.097321, 6.42016, 6.619238 ] }, { "date": "2024-01-12", "close": 6.205929, "volume": 65790140, "typical_volume": 60670113.65, "trend": 6.758468, "fair_value": 6.690142, "relative_strength": 1.123616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.044464, "energy": 51.814419, "activity_lines": [ 6.117699, 6.1035, 6.371148, 6.581327 ] }, { "date": "2024-01-19", "close": 6.295352, "volume": 112221236, "typical_volume": 64146226.6, "trend": 6.73833, "fair_value": 6.684529, "relative_strength": 4.037485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.055801, "energy": 36.624395, "activity_lines": [ 6.19341, 6.13244, 6.336316, 6.551448 ] }, { "date": "2024-01-26", "close": 6.536793, "volume": 122295225, "typical_volume": 66639993.55, "trend": 6.735929, "fair_value": 6.678501, "relative_strength": 4.762184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.045651, "energy": 29.093597, "activity_lines": [ 6.32814, 6.206092, 6.330056, 6.538446 ] }, { "date": "2024-02-02", "close": 6.375832, "volume": 111902622, "typical_volume": 70533980.95, "trend": 6.727308, "fair_value": 6.673908, "relative_strength": 8.418432, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.527522, "energy": 26.795897, "activity_lines": [ 6.366294, 6.245763, 6.312257, 6.515214 ] }, { "date": "2024-02-09", "close": 6.930252, "volume": 178287168, "typical_volume": 77529314.0, "trend": 6.740303, "fair_value": 6.671358, "relative_strength": 11.639876, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.964501, "energy": 25.019261, "activity_lines": [ 6.570773, 6.384612, 6.351731, 6.528307 ] }, { "date": "2024-02-23", "close": 7.019675, "volume": 140167839, "typical_volume": 80988158.45, "trend": 6.752003, "fair_value": 6.670187, "relative_strength": 7.465211, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.120907, "energy": 39.963078, "activity_lines": [ 6.754388, 6.524924, 6.401765, 6.546331 ] }, { "date": "2024-03-01", "close": 6.88554, "volume": 90932138, "typical_volume": 83128827.7, "trend": 6.754686, "fair_value": 6.663927, "relative_strength": 4.455063, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.761326, "energy": 37.304709, "activity_lines": [ 6.839041, 6.622313, 6.440429, 6.554946 ] }, { "date": "2024-03-08", "close": 6.939195, "volume": 85371922, "typical_volume": 84367360.75, "trend": 6.743955, "fair_value": 6.654185, "relative_strength": 4.468616, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.381196, "energy": 47.193396, "activity_lines": [ 6.902233, 6.712874, 6.48629, 6.56685 ] }, { "date": "2024-03-15", "close": 6.903425, "volume": 91399879, "typical_volume": 87097109.0, "trend": 6.725773, "fair_value": 6.645975, "relative_strength": 3.482625, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.814227, "energy": 50.638208, "activity_lines": [ 6.926675, 6.777909, 6.530278, 6.577139 ] }, { "date": "2024-03-22", "close": 6.849771, "volume": 73554236, "typical_volume": 87647872.65, "trend": 6.711763, "fair_value": 6.635156, "relative_strength": 2.776106, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.33904, "energy": 28.834518, "activity_lines": [ 6.89806, 6.818555, 6.570433, 6.585139 ] }, { "date": "2024-03-29", "close": 6.930252, "volume": 89604326, "typical_volume": 88560210.3, "trend": 6.696263, "fair_value": 6.628427, "relative_strength": 4.053808, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.066102, "energy": 29.378958, "activity_lines": [ 6.901637, 6.861478, 6.617784, 6.599235 ] }, { "date": "2024-04-05", "close": 7.055443, "volume": 42920171, "typical_volume": 87478959.05, "trend": 6.682552, "fair_value": 6.620991, "relative_strength": 4.810761, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.400761, "energy": 31.834493, "activity_lines": [ 6.952905, 6.913993, 6.675312, 6.622408 ] }, { "date": "2024-04-12", "close": 6.983905, "volume": 71219245, "typical_volume": 88177215.75, "trend": 6.670927, "fair_value": 6.611888, "relative_strength": 5.232308, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.858333, "energy": 28.906239, "activity_lines": [ 6.969001, 6.939682, 6.722621, 6.64185 ] }, { "date": "2024-04-19", "close": 7.31477, "volume": 118498068, "typical_volume": 90246431.75, "trend": 6.670927, "fair_value": 6.603949, "relative_strength": 8.175458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.672252, "energy": 55.973684, "activity_lines": [ 7.092405, 7.017398, 6.798077, 6.683388 ] }, { "date": "2024-04-26", "close": 7.019675, "volume": 120083483, "typical_volume": 92286060.55, "trend": 6.6596, "fair_value": 6.596182, "relative_strength": 2.767887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.959585, "energy": 49.058814, "activity_lines": [ 7.090021, 7.02439, 6.840531, 6.705888 ] }, { "date": "2024-05-03", "close": 7.296885, "volume": 58724029, "typical_volume": 91171546.4, "trend": 6.659004, "fair_value": 6.591552, "relative_strength": 6.026927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.454952, "energy": 55.626633, "activity_lines": [ 7.168713, 7.080157, 6.905086, 6.747003 ] }, { "date": "2024-05-10", "close": 7.39525, "volume": 79414631, "typical_volume": 91729468.3, "trend": 6.661388, "fair_value": 6.588257, "relative_strength": 5.545165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.722192, "energy": 66.977898, "activity_lines": [ 7.255751, 7.148768, 6.972834, 6.794503 ] }, { "date": "2024-05-17", "close": 7.681402, "volume": 96420951, "typical_volume": 93204475.9, "trend": 6.675398, "fair_value": 6.588861, "relative_strength": 9.38775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.555175, "energy": 83.626399, "activity_lines": [ 7.415519, 7.26014, 7.061065, 6.86031 ] }, { "date": "2024-05-24", "close": 7.681402, "volume": 109618761, "typical_volume": 95797373.1, "trend": 6.692388, "fair_value": 6.589062, "relative_strength": 11.3989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.601831, "energy": 87.471519, "activity_lines": [ 7.528788, 7.358017, 7.140778, 6.925214 ] }, { "date": "2024-05-31", "close": 7.681402, "volume": 94046623, "typical_volume": 97623634.65, "trend": 6.723388, "fair_value": 6.592939, "relative_strength": 11.204493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.219717, "energy": 86.689157, "activity_lines": [ 7.617614, 7.441749, 7.212955, 6.989021 ] }, { "date": "2024-06-07", "close": 7.448903, "volume": 104669010, "typical_volume": 99567578.15, "trend": 6.752897, "fair_value": 6.59452, "relative_strength": 8.807502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.764092, "energy": 76.73942, "activity_lines": [ 7.584826, 7.468088, 7.255793, 7.035828 ] }, { "date": "2024-06-14", "close": 7.252173, "volume": 71153529, "typical_volume": 97514192.8, "trend": 6.783301, "fair_value": 6.594033, "relative_strength": 6.359606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.219942, "energy": 47.603001, "activity_lines": [ 7.476326, 7.449228, 7.273975, 7.06804 ] }, { "date": "2024-06-21", "close": 7.055443, "volume": 64231086, "typical_volume": 94610985.85, "trend": 6.809233, "fair_value": 6.593797, "relative_strength": 4.569195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.20228, "energy": 24.1965, "activity_lines": [ 7.311788, 7.391022, 7.268866, 7.085597 ] }, { "date": "2024-06-28", "close": 7.31477, "volume": 83346206, "typical_volume": 93183165.05, "trend": 6.843512, "fair_value": 6.592856, "relative_strength": 9.202209, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.513589, "energy": 23.079974, "activity_lines": [ 7.275423, 7.378666, 7.285984, 7.118213 ] }, { "date": "2024-07-05", "close": 7.296885, "volume": 72822566, "typical_volume": 87909934.95, "trend": 6.882858, "fair_value": 6.591549, "relative_strength": 9.201726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.634128, "energy": 22.055171, "activity_lines": [ 7.257539, 7.363057, 7.296927, 7.147462 ] }, { "date": "2024-07-12", "close": 7.162751, "volume": 79192189, "typical_volume": 84861152.45, "trend": 6.921608, "fair_value": 6.589986, "relative_strength": 6.118519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.398192, "energy": 18.157509, "activity_lines": [ 7.220578, 7.318021, 7.29335, 7.16552 ] }, { "date": "2024-07-19", "close": 7.214646, "volume": 90403263, "typical_volume": 84834708.7, "trend": 6.962982, "fair_value": 6.590166, "relative_strength": 6.157311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.238262, "energy": 10.1856, "activity_lines": [ 7.219991, 7.284859, 7.294035, 7.184426 ] }, { "date": "2024-07-26", "close": 6.9801, "volume": 82711655, "typical_volume": 84701695.35, "trend": 6.99922, "fair_value": 6.588741, "relative_strength": 5.637499, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.950602, "energy": 10.985377, "activity_lines": [ 7.143725, 7.212336, 7.270814, 7.18553 ] }, { "date": "2024-08-02", "close": 7.111445, "volume": 76446998, "typical_volume": 83954051.3, "trend": 7.032981, "fair_value": 6.589568, "relative_strength": 6.821172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.049321, "energy": 14.033336, "activity_lines": [ 7.116263, 7.176444, 7.259907, 7.19277 ] }, { "date": "2024-08-09", "close": 6.989481, "volume": 63656707, "typical_volume": 83459174.85, "trend": 7.060292, "fair_value": 6.589513, "relative_strength": 6.370417, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.881254, "energy": 20.637424, "activity_lines": [ 7.061702, 7.12874, 7.236395, 7.189964 ] }, { "date": "2024-08-16", "close": 7.195882, "volume": 65093149, "typical_volume": 82233616.0, "trend": 7.09329, "fair_value": 6.591198, "relative_strength": 8.643411, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.938279, "energy": 17.857323, "activity_lines": [ 7.096434, 7.131145, 7.231874, 7.198712 ] }, { "date": "2024-08-23", "close": 7.355374, "volume": 74202639, "typical_volume": 83797739.4, "trend": 7.128624, "fair_value": 6.595055, "relative_strength": 11.748694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.175343, "energy": 12.971997, "activity_lines": [ 7.182122, 7.167148, 7.241278, 7.21562 ] }, { "date": "2024-08-30", "close": 6.764318, "volume": 107454284, "typical_volume": 85609491.35, "trend": 7.136208, "fair_value": 6.597473, "relative_strength": 3.19225, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.109209, "energy": 19.180512, "activity_lines": [ 7.061409, 7.093809, 7.192963, 7.192117 ] }, { "date": "2024-09-06", "close": 6.511007, "volume": 116404888, "typical_volume": 85504832.35, "trend": 7.140714, "fair_value": 6.598215, "relative_strength": 2.142394, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -49.444226, "energy": 47.237313, "activity_lines": [ 6.870645, 6.979708, 7.121569, 7.151781 ] }, { "date": "2024-09-13", "close": 6.201406, "volume": 92117412, "typical_volume": 84106528.8, "trend": 7.116419, "fair_value": 6.595667, "relative_strength": -0.455144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.261416, "energy": 82.143616, "activity_lines": [ 6.616709, 6.823929, 7.024516, 7.091181 ] }, { "date": "2024-09-20", "close": 6.313988, "volume": 52510766, "typical_volume": 83795865.65, "trend": 7.092896, "fair_value": 6.590394, "relative_strength": 0.173514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.597018, "energy": 85.846928, "activity_lines": [ 6.45284, 6.708538, 6.942082, 7.039411 ] }, { "date": "2024-09-27", "close": 7.345992, "volume": 155558602, "typical_volume": 87603064.2, "trend": 7.108245, "fair_value": 6.592676, "relative_strength": 3.291818, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.299975, "energy": 57.412727, "activity_lines": [ 6.691764, 6.796215, 6.962614, 7.05574 ] }, { "date": "2024-10-04", "close": 7.852612, "volume": 61319125, "typical_volume": 85847972.9, "trend": 7.138692, "fair_value": 6.597788, "relative_strength": 2.160565, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.800135, "energy": 5.628804, "activity_lines": [ 7.100187, 6.973618, 7.031631, 7.103763 ] }, { "date": "2024-10-11", "close": 7.505484, "volume": 216337966, "typical_volume": 91183933.15, "trend": 7.158761, "fair_value": 6.599473, "relative_strength": 1.266936, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.351996, "energy": 26.781411, "activity_lines": [ 7.320348, 7.072042, 7.066772, 7.127427 ] }, { "date": "2024-10-18", "close": 8.068396, "volume": 238203937, "typical_volume": 98391798.85, "trend": 7.199381, "fair_value": 6.607535, "relative_strength": 7.289514, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.358246, "energy": 44.2693, "activity_lines": [ 7.661848, 7.26565, 7.156362, 7.186114 ] }, { "date": "2024-10-25", "close": 7.796321, "volume": 112785171, "typical_volume": 98797606.9, "trend": 7.22825, "fair_value": 6.613905, "relative_strength": 2.508789, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.293118, "energy": 46.129158, "activity_lines": [ 7.78819, 7.390172, 7.218197, 7.224626 ] }, { "date": "2024-11-01", "close": 8.14345, "volume": 151759239, "typical_volume": 102827892.4, "trend": 7.264517, "fair_value": 6.622866, "relative_strength": 7.752753, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.104586, "energy": 75.66362, "activity_lines": [ 7.93142, 7.566892, 7.311438, 7.283671 ] }, { "date": "2024-11-08", "close": 8.265414, "volume": 142666116, "typical_volume": 106749643.9, "trend": 7.307234, "fair_value": 6.630572, "relative_strength": 3.458445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.597939, "energy": 76.761792, "activity_lines": [ 8.062141, 7.751459, 7.41205, 7.348245 ] }, { "date": "2024-11-15", "close": 7.927667, "volume": 140254562, "typical_volume": 109595061.7, "trend": 7.327664, "fair_value": 6.635434, "relative_strength": 2.602172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.627486, "energy": 57.854536, "activity_lines": [ 8.052759, 7.847324, 7.474734, 7.388273 ] }, { "date": "2024-11-22", "close": 7.758794, "volume": 159565026, "typical_volume": 113932184.7, "trend": 7.352301, "fair_value": 6.63843, "relative_strength": 2.098845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.761748, "energy": 42.661643, "activity_lines": [ 7.95894, 7.886728, 7.518416, 7.416088 ] }, { "date": "2024-11-29", "close": 8.021485, "volume": 105609986, "typical_volume": 115253074.55, "trend": 7.376455, "fair_value": 6.64781, "relative_strength": 3.380856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.606489, "energy": 40.216449, "activity_lines": [ 7.973325, 7.945578, 7.584917, 7.459261 ] }, { "date": "2024-12-06", "close": 8.256033, "volume": 120486981, "typical_volume": 116757260.45, "trend": 7.405148, "fair_value": 6.660365, "relative_strength": 3.629095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.152415, "energy": 40.204672, "activity_lines": [ 8.050882, 8.016027, 7.669666, 7.516008 ] }, { "date": "2024-12-13", "close": 8.171596, "volume": 115100145, "typical_volume": 118376684.95, "trend": 7.421487, "fair_value": 6.671699, "relative_strength": 2.610488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.741632, "energy": 38.445092, "activity_lines": [ 8.092788, 8.054578, 7.741415, 7.565456 ] }, { "date": "2024-12-20", "close": 7.99334, "volume": 121599138, "typical_volume": 120634291.95, "trend": 7.431885, "fair_value": 6.68163, "relative_strength": 0.798265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.431285, "energy": 36.334229, "activity_lines": [ 8.08153, 8.054919, 7.790514, 7.60235 ] }, { "date": "2024-12-27", "close": 8.265414, "volume": 110332627, "typical_volume": 122968087.95, "trend": 7.451352, "fair_value": 6.693566, "relative_strength": 2.902134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.567248, "energy": 45.761275, "activity_lines": [ 8.156585, 8.095858, 7.861324, 7.656126 ] }, { "date": "2025-01-03", "close": 7.955812, "volume": 124428484, "typical_volume": 125934854.7, "trend": 7.468249, "fair_value": 6.703517, "relative_strength": 4.504431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.74943, "energy": 33.233892, "activity_lines": [ 8.094664, 8.076924, 7.896573, 7.688672 ] }, { "date": "2025-01-10", "close": 7.777557, "volume": 117255434, "typical_volume": 128087494.45, "trend": 7.485762, "fair_value": 6.712117, "relative_strength": 3.254712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.627448, "energy": 23.21098, "activity_lines": [ 7.977703, 8.02268, 7.911227, 7.708627 ] }, { "date": "2025-01-17", "close": 7.99334, "volume": 102400454, "typical_volume": 127834802.95, "trend": 7.517025, "fair_value": 6.722413, "relative_strength": 3.458695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.940604, "energy": 21.331981, "activity_lines": [ 7.964569, 8.014321, 7.94442, 7.741374 ] }, { "date": "2025-01-24", "close": 8.584396, "volume": 161272413, "typical_volume": 130078179.2, "trend": 7.559346, "fair_value": 6.736498, "relative_strength": 10.368778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.877721, "energy": 37.832899, "activity_lines": [ 8.160337, 8.118374, 8.028053, 7.810237 ] }, { "date": "2025-01-31", "close": 8.65007, "volume": 22245904, "typical_volume": 126584603.8, "trend": 7.604452, "fair_value": 6.751161, "relative_strength": 10.912327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.911636, "energy": 63.048879, "activity_lines": [ 8.338592, 8.222428, 8.108067, 7.880606 ] }, { "date": "2025-02-07", "close": 8.453052, "volume": 67347646, "typical_volume": 127326447.8, "trend": 7.647462, "fair_value": 6.763308, "relative_strength": 6.454584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.375862, "energy": 67.82379, "activity_lines": [ 8.425531, 8.274455, 8.157657, 7.935354 ] }, { "date": "2025-02-14", "close": 8.415524, "volume": 87876717, "typical_volume": 123942353.55, "trend": 7.687492, "fair_value": 6.775423, "relative_strength": 4.53785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.493824, "energy": 70.269481, "activity_lines": [ 8.466811, 8.311811, 8.193486, 7.984907 ] }, { "date": "2025-02-21", "close": 8.209123, "volume": 102151544, "typical_volume": 125983974.5, "trend": 7.728459, "fair_value": 6.785744, "relative_strength": 0.921244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.334516, "energy": 55.165334, "activity_lines": [ 8.39676, 8.308741, 8.204566, 8.01856 ] }, { "date": "2025-02-28", "close": 8.040249, "volume": 115900838, "typical_volume": 120962118.1, "trend": 7.759419, "fair_value": 6.796289, "relative_strength": 0.460412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.488656, "energy": 25.19018, "activity_lines": [ 8.256032, 8.274284, 8.197865, 8.038676 ] }, { "date": "2025-03-07", "close": 8.209123, "volume": 107055804, "typical_volume": 114404711.45, "trend": 7.800074, "fair_value": 6.805723, "relative_strength": 0.874067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.494048, "energy": 18.397083, "activity_lines": [ 8.207872, 8.269678, 8.2047, 8.067689 ] }, { "date": "2025-03-14", "close": 8.284177, "volume": 87560256, "typical_volume": 113143465.7, "trend": 7.83635, "fair_value": 6.81569, "relative_strength": 0.266787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.035817, "energy": 19.67049, "activity_lines": [ 8.214126, 8.279743, 8.218013, 8.098921 ] }, { "date": "2025-03-21", "close": 8.368614, "volume": 113202089, "typical_volume": 111215608.2, "trend": 7.870125, "fair_value": 6.827922, "relative_strength": 2.740184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.587648, "energy": 18.26159, "activity_lines": [ 8.259785, 8.299189, 8.237045, 8.133261 ] }, { "date": "2025-03-28", "close": 8.490579, "volume": 92070394, "typical_volume": 108685822.1, "trend": 7.927667, "fair_value": 6.840675, "relative_strength": 4.446845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.0784, "energy": 33.687922, "activity_lines": [ 8.349225, 8.330063, 8.26662, 8.17329 ] }, { "date": "2025-04-04", "close": 8.884617, "volume": 93671744, "typical_volume": 106356681.2, "trend": 8.006787, "fair_value": 6.858147, "relative_strength": 9.286504, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.046547, "energy": 67.868057, "activity_lines": [ 8.551248, 8.423541, 8.332651, 8.235029 ] }, { "date": "2025-04-11", "close": 8.443669, "volume": 150264924, "typical_volume": 105891676.1, "trend": 8.08153, "fair_value": 6.873367, "relative_strength": 6.942203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.916344, "energy": 53.476239, "activity_lines": [ 8.549997, 8.431388, 8.352129, 8.263215 ] }, { "date": "2025-04-18", "close": 8.837708, "volume": 113407807, "typical_volume": 106281567.15, "trend": 8.165654, "fair_value": 6.891739, "relative_strength": 10.347127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.688056, "energy": 68.572921, "activity_lines": [ 8.664456, 8.51463, 8.405874, 8.312 ] }, { "date": "2025-04-25", "close": 8.809562, "volume": 123095598, "typical_volume": 106411998.0, "trend": 8.214439, "fair_value": 6.907372, "relative_strength": 9.03993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.656633, "energy": 71.599644, "activity_lines": [ 8.732631, 8.585762, 8.453051, 8.353543 ] }, { "date": "2025-05-02", "close": 8.490579, "volume": 114736337, "typical_volume": 106393807.6, "trend": 8.235705, "fair_value": 6.920229, "relative_strength": 5.407721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.551518, "energy": 39.593565, "activity_lines": [ 8.665081, 8.591732, 8.467213, 8.371358 ] }, { "date": "2025-05-09", "close": 8.828325, "volume": 115297464, "typical_volume": 106078723.9, "trend": 8.2798, "fair_value": 6.935408, "relative_strength": 7.285981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.755462, "energy": 46.6217, "activity_lines": [ 8.710114, 8.653994, 8.512023, 8.409592 ] }, { "date": "2025-05-16", "close": 8.912762, "volume": 115398656, "typical_volume": 106332025.35, "trend": 8.307945, "fair_value": 6.951859, "relative_strength": 7.315996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.672048, "energy": 43.599589, "activity_lines": [ 8.787045, 8.717278, 8.560898, 8.450428 ] }, { "date": "2025-05-23", "close": 9.053489, "volume": 118507013, "typical_volume": 106035951.8, "trend": 8.349851, "fair_value": 6.971092, "relative_strength": 9.446713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.737671, "energy": 46.980884, "activity_lines": [ 8.879613, 8.793357, 8.620093, 8.498528 ] }, { "date": "2025-05-30", "close": 9.2036, "volume": 136470488, "typical_volume": 106996704.5, "trend": 8.385189, "fair_value": 6.991915, "relative_strength": 11.065199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.739769, "energy": 67.150623, "activity_lines": [ 9.007831, 8.88274, 8.688357, 8.553608 ] }, { "date": "2025-06-06", "close": 9.428763, "volume": 126832597, "typical_volume": 108218311.65, "trend": 8.423967, "fair_value": 7.013449, "relative_strength": 12.209732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.863886, "energy": 77.928894, "activity_lines": [ 9.184835, 8.997881, 8.771275, 8.620936 ] }, { "date": "2025-06-13", "close": 9.719601, "volume": 158994461, "typical_volume": 108104414.05, "trend": 8.483698, "fair_value": 7.036378, "relative_strength": 15.521644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.656836, "energy": 85.363012, "activity_lines": [ 9.39624, 9.148843, 8.875056, 8.704525 ] }, { "date": "2025-06-20", "close": 9.993393, "volume": 123830720, "typical_volume": 113183654.85, "trend": 8.558185, "fair_value": 7.061219, "relative_strength": 18.810787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.869834, "energy": 91.352786, "activity_lines": [ 9.63949, 9.334405, 8.999507, 8.801925 ] }, { "date": "2025-06-27", "close": 9.788049, "volume": 194479292, "typical_volume": 119540237.15, "trend": 8.617071, "fair_value": 7.084012, "relative_strength": 13.839145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.931681, "energy": 84.765054, "activity_lines": [ 9.74225, 9.454454, 9.098004, 8.881271 ] }, { "date": "2025-07-04", "close": 10.188958, "volume": 131258123, "typical_volume": 121709307.45, "trend": 8.681501, "fair_value": 7.107808, "relative_strength": 16.44969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.192134, "energy": 89.455234, "activity_lines": [ 9.929675, 9.630117, 9.228326, 8.982683 ] }, { "date": "2025-07-11", "close": 10.110732, "volume": 155913467, "typical_volume": 124397403.6, "trend": 8.746139, "fair_value": 7.131051, "relative_strength": 13.901013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.852694, "energy": 86.12391, "activity_lines": [ 10.025335, 9.766477, 9.342753, 9.074891 ] }, { "date": "2025-07-18", "close": 9.973836, "volume": 175488744, "typical_volume": 127376798.9, "trend": 8.812156, "fair_value": 7.154199, "relative_strength": 11.245476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.373811, "energy": 64.043293, "activity_lines": [ 10.029898, 9.848489, 9.435088, 9.154098 ] }, { "date": "2025-07-25", "close": 9.89561, "volume": 150710469, "typical_volume": 129559532.15, "trend": 8.866496, "fair_value": 7.176481, "relative_strength": 8.277214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.915874, "energy": 58.017304, "activity_lines": [ 9.991437, 9.895451, 9.510764, 9.223998 ] }, { "date": "2025-08-01", "close": 9.72938, "volume": 149103812, "typical_volume": 132636709.95, "trend": 8.925615, "fair_value": 7.197905, "relative_strength": 7.234866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.130335, "energy": 47.334206, "activity_lines": [ 9.904085, 9.89432, 9.562578, 9.279668 ] }, { "date": "2025-08-08", "close": 9.973836, "volume": 102105573, "typical_volume": 132081884.15, "trend": 8.998824, "fair_value": 7.222568, "relative_strength": 7.411267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.562725, "energy": 39.637109, "activity_lines": [ 9.902129, 9.925346, 9.630792, 9.347295 ] }, { "date": "2025-08-15", "close": 9.592484, "volume": 110324663, "typical_volume": 132994597.6, "trend": 9.052129, "fair_value": 7.244578, "relative_strength": 1.508605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.46777, "energy": 27.907029, "activity_lines": [ 9.787397, 9.873031, 9.655043, 9.385596 ] }, { "date": "2025-08-22", "close": 9.621819, "volume": 102250103, "typical_volume": 133423515.55, "trend": 9.086709, "fair_value": 7.267611, "relative_strength": -1.568048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.481771, "energy": 21.127895, "activity_lines": [ 9.716994, 9.823073, 9.67684, 9.42235 ] }, { "date": "2025-08-29", "close": 9.396918, "volume": 109751151, "typical_volume": 131397826.9, "trend": 9.111604, "fair_value": 7.290032, "relative_strength": -4.710375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.140145, "energy": 18.680617, "activity_lines": [ 9.595091, 9.734002, 9.673708, 9.442363 ] }, { "date": "2025-09-05", "close": 9.240466, "volume": 137904572, "typical_volume": 132622665.15, "trend": 9.137852, "fair_value": 7.310903, "relative_strength": -5.23036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.443008, "energy": 14.20267, "activity_lines": [ 9.454284, 9.62733, 9.651136, 9.450677 ] }, { "date": "2025-09-12", "close": 9.230687, "volume": 105015687, "typical_volume": 131718669.6, "trend": 9.165024, "fair_value": 7.332149, "relative_strength": -6.815403, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.330364, "energy": 18.704297, "activity_lines": [ 9.342812, 9.528836, 9.625715, 9.456666 ] }, { "date": "2025-09-19", "close": 8.898227, "volume": 95118105, "typical_volume": 130737758.0, "trend": 9.187994, "fair_value": 7.351154, "relative_strength": -8.999141, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.5046, "energy": 37.278163, "activity_lines": [ 9.170062, 9.387318, 9.566625, 9.439454 ] }, { "date": "2025-09-26", "close": 8.87, "volume": 96094903, "typical_volume": 129777629.95, "trend": 9.215652, "fair_value": 7.371239, "relative_strength": -9.435481, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.404584, "energy": 56.280785, "activity_lines": [ 9.034188, 9.262713, 9.502907, 9.418938 ] }, { "date": "2025-10-03", "close": 8.83, "volume": 55201437, "typical_volume": 126767769.0, "trend": 9.236348, "fair_value": 7.390355, "relative_strength": -11.060243, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.737609, "energy": 62.34366, "activity_lines": [ 8.935101, 9.150905, 9.43518, 9.394057 ] }, { "date": "2025-10-10", "close": 9.06, "volume": 52297387, "typical_volume": 123457287.7, "trend": 9.262209, "fair_value": 7.411932, "relative_strength": -9.072037, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.273467, "energy": 54.069426, "activity_lines": [ 8.950476, 9.10029, 9.389752, 9.38268 ] }, { "date": "2025-10-17", "close": 9.35, "volume": 138888345, "typical_volume": 123578180.55, "trend": 9.294922, "fair_value": 7.434052, "relative_strength": -4.734107, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.59701, "energy": 29.862434, "activity_lines": [ 9.074548, 9.114573, 9.371912, 9.388344 ] }, { "date": "2025-10-24", "close": 9.55, "volume": 85610665, "typical_volume": 121517083.95, "trend": 9.330236, "fair_value": 7.458989, "relative_strength": -5.45854, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.062141, "energy": 5.943709, "activity_lines": [ 9.257333, 9.176562, 9.372423, 9.4048 ] }, { "date": "2025-10-31", "close": 9.57, "volume": 99582801, "typical_volume": 118546500.95, "trend": 9.353082, "fair_value": 7.483507, "relative_strength": -5.318712, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.140532, "energy": 18.732878, "activity_lines": [ 9.403333, 9.24296, 9.374261, 9.420269 ] }, { "date": "2025-11-07", "close": 9.88, "volume": 124996002, "typical_volume": 118604765.05, "trend": 9.400959, "fair_value": 7.510724, "relative_strength": -3.353659, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.981339, "energy": 33.480435, "activity_lines": [ 9.606, 9.366664, 9.406335, 9.454264 ] }, { "date": "2025-11-14", "close": 9.95, "volume": 87295100, "typical_volume": 113245555.45, "trend": 9.438036, "fair_value": 7.540362, "relative_strength": -2.579601, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 62.517326, "energy": 54.449646, "activity_lines": [ 9.762, 9.494312, 9.445616, 9.489686 ] }, { "date": "2025-11-21", "close": 9.7, "volume": 88461457, "typical_volume": 111105722.15, "trend": 9.467717, "fair_value": 7.566535, "relative_strength": -1.288531, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.791523, "energy": 49.479081, "activity_lines": [ 9.775333, 9.563604, 9.460317, 9.506587 ] }, { "date": "2025-11-28", "close": 9.64, "volume": 74013224, "typical_volume": 107010710.0, "trend": 9.506031, "fair_value": 7.59183, "relative_strength": -3.303049, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.0957, "energy": 47.236189, "activity_lines": [ 9.745333, 9.613455, 9.471631, 9.517702 ] }, { "date": "2025-12-05", "close": 9.54, "volume": 97304467, "typical_volume": 103101496.15, "trend": 9.529754, "fair_value": 7.616538, "relative_strength": -4.668227, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.497367, "energy": 21.272661, "activity_lines": [ 9.676, 9.631636, 9.475663, 9.519893 ] }, { "date": "2025-12-12", "close": 9.48, "volume": 101511649, "typical_volume": 100641555.15, "trend": 9.548662, "fair_value": 7.639602, "relative_strength": -4.960048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.475388, "energy": 4.511452, "activity_lines": [ 9.588667, 9.626727, 9.476047, 9.516683 ] }, { "date": "2025-12-19", "close": 9.72, "volume": 80163639, "typical_volume": 97194546.5, "trend": 9.570879, "fair_value": 7.664204, "relative_strength": -2.672916, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.481866, "energy": 6.068187, "activity_lines": [ 9.608, 9.653636, 9.501267, 9.527738 ] }, { "date": "2025-12-26", "close": 9.71, "volume": 61929356, "typical_volume": 95185735.65, "trend": 9.587759, "fair_value": 7.688248, "relative_strength": -4.582832, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.404474, "energy": 5.488756, "activity_lines": [ 9.639333, 9.666727, 9.525579, 9.536713 ] }, { "date": "2026-01-02", "close": 9.7, "volume": 35708020, "typical_volume": 91454903.5, "trend": 9.5968, "fair_value": 7.712886, "relative_strength": -4.7813, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.988161, "energy": 11.43378, "activity_lines": [ 9.666667, 9.671455, 9.550195, 9.543954 ] }, { "date": "2026-01-09", "close": 9.49, "volume": 89285804, "typical_volume": 90806688.55, "trend": 9.589147, "fair_value": 7.737658, "relative_strength": -10.167937, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.116126, "energy": 7.648049, "activity_lines": [ 9.62, 9.635273, 9.554299, 9.537064 ] }, { "date": "2026-01-16", "close": 9.14, "volume": 90778369, "typical_volume": 89858049.45, "trend": 9.5607, "fair_value": 7.7592, "relative_strength": -12.935474, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.699487, "energy": 22.414696, "activity_lines": [ 9.46, 9.536909, 9.525698, 9.508087 ] }, { "date": "2026-01-23", "close": 9.37, "volume": 81584535, "typical_volume": 87042047.6, "trend": 9.546765, "fair_value": 7.781668, "relative_strength": -11.234337, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.817438, "energy": 27.155335, "activity_lines": [ 9.399333, 9.493818, 9.520224, 9.495784 ] }, { "date": "2026-01-30", "close": 9.76, "volume": 104142055, "typical_volume": 86998366.0, "trend": 9.532466, "fair_value": 7.806307, "relative_strength": -6.926658, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.459887, "energy": 9.505108, "activity_lines": [ 9.492, 9.532182, 9.551277, 9.509541 ] }, { "date": "2026-02-06", "close": 9.91, "volume": 113793527, "typical_volume": 87932137.1, "trend": 9.525775, "fair_value": 7.831798, "relative_strength": -4.191348, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.692929, "energy": 22.676971, "activity_lines": [ 9.631333, 9.596727, 9.594095, 9.533898 ] }, { "date": "2026-02-13", "close": 9.92, "volume": 76109118, "typical_volume": 86932847.85, "trend": 9.523981, "fair_value": 7.857901, "relative_strength": -4.421102, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.240932, "energy": 52.040622, "activity_lines": [ 9.76, 9.658182, 9.633048, 9.559332 ] }, { "date": "2026-02-27", "close": 9.8, "volume": 61603370, "typical_volume": 87252944.5, "trend": 9.520794, "fair_value": 7.88033, "relative_strength": -7.35747, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.446897, "energy": 55.021141, "activity_lines": [ 9.82, 9.690909, 9.655571, 9.577139 ] }, { "date": "2026-03-06", "close": 9.57, "volume": 95658777, "typical_volume": 89421014.0, "trend": 9.515481, "fair_value": 7.898819, "relative_strength": -8.613483, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.752923, "energy": 46.796494, "activity_lines": [ 9.759333, 9.676, 9.651571, 9.580314 ] }, { "date": "2026-03-13", "close": 9.8, "volume": 89605125, "typical_volume": 86956853.0, "trend": 9.509687, "fair_value": 7.917193, "relative_strength": -5.730878, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.008039, "energy": 38.842277, "activity_lines": [ 9.762, 9.705636, 9.667048, 9.59867 ] }, { "date": "2026-03-20", "close": 9.79, "volume": 87385925, "typical_volume": 87045616.0, "trend": 9.516271, "fair_value": 7.935338, "relative_strength": -2.57144, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.15796, "energy": 24.873752, "activity_lines": [ 9.758667, 9.731818, 9.679429, 9.616755 ] }, { "date": "2026-03-27", "close": 9.51, "volume": 95562635, "typical_volume": 86844607.7, "trend": 9.512543, "fair_value": 7.95262, "relative_strength": -4.268725, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.621089, "energy": 12.069521, "activity_lines": [ 9.67, 9.705455, 9.664, 9.61635 ] }, { "date": "2026-04-03", "close": 9.54, "volume": 66018771, "typical_volume": 83895746.15, "trend": 9.517313, "fair_value": 7.97004, "relative_strength": -3.079519, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.306754, "energy": 10.729829, "activity_lines": [ 9.618667, 9.684182, 9.651714, 9.618122 ] }, { "date": "2026-04-10", "close": 9.43, "volume": 61310118, "typical_volume": 82596497.05, "trend": 9.52363, "fair_value": 7.985822, "relative_strength": -6.540224, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.155119, "energy": 12.640309, "activity_lines": [ 9.548, 9.635636, 9.630571, 9.612488 ] }, { "date": "2026-04-17", "close": 9.49, "volume": 66704013, "typical_volume": 81508624.85, "trend": 9.532274, "fair_value": 8.003305, "relative_strength": -7.272425, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.344239, "energy": 15.952647, "activity_lines": [ 9.506667, 9.596909, 9.617619, 9.610319 ] }, { "date": "2026-04-24", "close": 9.83, "volume": 86129668, "typical_volume": 82114447.05, "trend": 9.563333, "fair_value": 8.024337, "relative_strength": -4.411229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.725329, "energy": 13.000942, "activity_lines": [ 9.599333, 9.624909, 9.638048, 9.629527 ] }, { "date": "2026-05-01", "close": 9.97, "volume": 101488187, "typical_volume": 82323633.05, "trend": 9.6, "fair_value": 8.045774, "relative_strength": -3.62728, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.936699, "energy": 24.269468, "activity_lines": [ 9.736, 9.679818, 9.670905, 9.655763 ] }, { "date": "2026-05-08", "close": 9.65, "volume": 61814891, "typical_volume": 80338795.15, "trend": 9.627333, "fair_value": 8.06346, "relative_strength": -8.036032, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.791735, "energy": 21.459506, "activity_lines": [ 9.735333, 9.675636, 9.671238, 9.658989 ] }, { "date": "2026-05-15", "close": 9.45, "volume": 87807408, "typical_volume": 80720983.6, "trend": 9.640333, "fair_value": 8.079152, "relative_strength": -8.722274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.276125, "energy": 7.426551, "activity_lines": [ 9.660667, 9.637818, 9.651714, 9.647548 ] }, { "date": "2026-05-22", "close": 9.19, "volume": 85273394, "typical_volume": 81888185.5, "trend": 9.635, "fair_value": 8.091861, "relative_strength": -10.464661, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.508128, "energy": 39.188656, "activity_lines": [ 9.498, 9.554909, 9.608714, 9.618495 ] }, { "date": "2026-05-29", "close": 9.5, "volume": 100143768, "typical_volume": 85109972.9, "trend": 9.633333, "fair_value": 8.107051, "relative_strength": -6.169256, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.362684, "energy": 39.007775, "activity_lines": [ 9.458667, 9.539455, 9.597714, 9.609785 ] }, { "date": "2026-06-05", "close": 9.56, "volume": 14201800, "typical_volume": 81355772.7, "trend": 9.633, "fair_value": 8.121859, "relative_strength": -4.341528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.833224, "energy": 39.941011, "activity_lines": [ 9.461333, 9.540182, 9.593381, 9.605054 ] }, { "date": "2026-06-12", "close": 9.78, "volume": 23690100, "typical_volume": 78001359.25, "trend": 9.629667, "fair_value": 8.140598, "relative_strength": -1.958866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.909251, "energy": 21.048986, "activity_lines": [ 9.564667, 9.58, 9.609667, 9.614538 ] }, { "date": "2026-06-19", "close": 9.16, "volume": 82159298, "typical_volume": 78030097.4, "trend": 9.603333, "fair_value": 8.154924, "relative_strength": -9.046318, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.214408, "energy": 29.42152, "activity_lines": [ 9.452667, 9.502727, 9.563857, 9.584237 ] }, { "date": "2026-06-26", "close": 8.65204, "volume": 17609966, "typical_volume": 73703492.95, "trend": 9.568401, "fair_value": 8.163856, "relative_strength": -12.174958, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.361267, "energy": 64.558629, "activity_lines": [ 9.19068, 9.338007, 9.47067, 9.522863 ] }, { "date": "2026-07-03", "close": 8.51548, "volume": 19049055, "typical_volume": 68966269.35, "trend": 9.530917, "fair_value": 8.174215, "relative_strength": -13.398891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.50194, "energy": 82.123423, "activity_lines": [ 8.919037, 9.163694, 9.369754, 9.454932 ] }, { "date": "2026-07-10", "close": 8.730075, "volume": 85115613, "typical_volume": 69416594.1, "trend": 9.50392, "fair_value": 8.187813, "relative_strength": -9.625767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.354776, "energy": 81.415276, "activity_lines": [ 8.784561, 9.052298, 9.295916, 9.403265 ] }, { "date": "2026-07-17", "close": 9.129999, "volume": 118003698, "typical_volume": 72236610.5, "trend": 9.492253, "fair_value": 8.20381, "relative_strength": 0.70418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.125833, "energy": 74.641501, "activity_lines": [ 8.838721, 9.03616, 9.265832, 9.379141 ] }, { "date": "2026-07-24", "close": 9.22, "volume": 110179819, "typical_volume": 72962662.6, "trend": 9.475586, "fair_value": 8.220987, "relative_strength": 0.687867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.427286, "energy": 50.367966, "activity_lines": [ 8.966215, 9.04584, 9.24751, 9.361576 ] }, { "date": "2026-07-31", "close": 9.53, "volume": 121361415, "typical_volume": 74550477.1, "trend": 9.469586, "fair_value": 8.239329, "relative_strength": 3.804573, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.190184, "energy": 15.467952, "activity_lines": [ 9.193042, 9.116065, 9.260379, 9.365087 ] }, { "date": "2026-08-07", "close": 9.21, "volume": 109927624, "typical_volume": 75677562.05, "trend": 9.453253, "fair_value": 8.254745, "relative_strength": -2.114359, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.225794, "energy": 23.124182, "activity_lines": [ 9.254672, 9.121927, 9.244057, 9.34834 ] } ], "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." } } }