{ "ticker": { "uuid": "26b5effb-a3e3-4770-98f1-7efd9a3607ab", "symbol": "003037", "name": "Guangdong Sanhe Pile Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.618, "architecture_energy": 56.65, "architecture_maturity": 71.362, "architecture_confidence": 83.928, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.74, "rotation_up": 18.94, "upward_expansion": 9.05, "deceleration": 59.2, "rotation_down": 62.44, "downward_expansion": 82.38 }, "activity_lines": [ 5.556, 5.669273, 6.10989, 6.43921 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 5.7, "trend_reference": 6.907719, "distance_from_trend": -0.174836, "trend_direction": "Weakening", "fair_value": 7.741431, "distance_from_fair_value": -0.263702, "fair_value_direction": "Weakening", "relative_strength": -26.647462, "relative_strength_direction": "Weakening", "price_momentum": -0.278481, "excess_performance": -0.285881, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.174836, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.089258, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.263702, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.128281, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.266475, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005305, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.278481, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.957059, "read": "Demand-led" } ], "volume": { "latest": 22591572, "relative_activity": 1.004637, "balance": 1.957059, "dry_up": 0.985982, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.093427, "annualized_volatility": 0.334744, "from_high_reference": -0.4, "from_low_reference": 0.113281 }, "levels": { "trend_reference": 6.907719, "fair_value_reference": 7.741431, "structural_low": 5.12, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.041219, "positive_rate": 0.190476, "directional_follow_through": 0.809524, "median_excess_return": -0.030268, "regime_survival": 0.857143, "best_return": 0.208413, "worst_return": -0.239491, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.123105, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.125792, "regime_survival": 0.75, "best_return": 0.134216, "worst_return": -0.308129, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.17344, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.264018, "regime_survival": 0.6, "best_return": 0.116667, "worst_return": -0.394541, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.006402, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.102926, "regime_survival": 0.333333, "best_return": 0.382465, "worst_return": -0.499552, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-15", "end": "2023-09-22", "tenure": "New", "return": 0.004184, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-29", "end": "2023-10-20", "tenure": "New", "return": -0.055926, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-11-08", "tenure": "Extended", "return": -0.459516, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": 0.23491, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": -0.087258, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-03-14", "tenure": "Developing", "return": 0.051926, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.069985, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.03193, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-12", "tenure": "Established", "return": 0.247657, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": -0.059322, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.034929, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.045679, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.052764, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.198312, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 13.50595, "volume": 62571324, "typical_volume": 27810642.55, "trend": 12.200818, "fair_value": 12.175596, "relative_strength": 16.575769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.237997, "energy": 65.157109, "activity_lines": [ 12.929985, 12.633674, 12.396506, 12.344823 ] }, { "date": "2023-08-04", "close": 12.74741, "volume": 49032488, "typical_volume": 27212048.35, "trend": 12.259861, "fair_value": 12.180063, "relative_strength": 8.245831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.494839, "energy": 56.459248, "activity_lines": [ 12.945747, 12.673616, 12.440886, 12.380087 ] }, { "date": "2023-08-11", "close": 12.471577, "volume": 30610089, "typical_volume": 27003394.85, "trend": 12.291514, "fair_value": 12.182323, "relative_strength": 9.598844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.921298, "energy": 46.765975, "activity_lines": [ 12.827533, 12.665556, 12.459846, 12.393746 ] }, { "date": "2023-08-18", "close": 12.816368, "volume": 16121958, "typical_volume": 26815983.2, "trend": 12.337908, "fair_value": 12.1872, "relative_strength": 15.642604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.046877, "energy": 30.723843, "activity_lines": [ 12.814398, 12.718215, 12.510277, 12.427608 ] }, { "date": "2023-08-25", "close": 12.254851, "volume": 25194493, "typical_volume": 27297417.85, "trend": 12.359412, "fair_value": 12.187717, "relative_strength": 13.442047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.879463, "energy": 13.370528, "activity_lines": [ 12.597015, 12.662332, 12.502506, 12.422249 ] }, { "date": "2023-09-01", "close": 12.767113, "volume": 17401179, "typical_volume": 27447747.1, "trend": 12.38207, "fair_value": 12.192106, "relative_strength": 13.664949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.466662, "energy": 16.201574, "activity_lines": [ 12.599642, 12.695109, 12.542631, 12.448552 ] }, { "date": "2023-09-08", "close": 12.067679, "volume": 13971280, "typical_volume": 27363726.25, "trend": 12.380763, "fair_value": 12.19117, "relative_strength": 8.73981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.074626, "energy": 11.069043, "activity_lines": [ 12.418381, 12.588179, 12.512675, 12.428269 ] }, { "date": "2023-09-15", "close": 11.772143, "volume": 9527700, "typical_volume": 27211216.25, "trend": 12.374155, "fair_value": 12.188043, "relative_strength": 7.087836, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.778939, "energy": 18.843135, "activity_lines": [ 12.183923, 12.428411, 12.452438, 12.389003 ] }, { "date": "2023-09-22", "close": 11.8214, "volume": 6901412, "typical_volume": 27280576.85, "trend": 12.35684, "fair_value": 12.185327, "relative_strength": 6.848106, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.854726, "energy": 31.138258, "activity_lines": [ 12.012512, 12.287629, 12.398022, 12.353342 ] }, { "date": "2023-09-29", "close": 11.801697, "volume": 5458679, "typical_volume": 26852695.95, "trend": 12.312875, "fair_value": 12.182507, "relative_strength": 7.099067, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.361005, "energy": 36.193044, "activity_lines": [ 11.900866, 12.156698, 12.342996, 12.317526 ] }, { "date": "2023-10-13", "close": 11.338693, "volume": 7885700, "typical_volume": 26819961.15, "trend": 12.249577, "fair_value": 12.176347, "relative_strength": 3.089264, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.038007, "energy": 52.443327, "activity_lines": [ 11.665095, 11.963257, 12.244859, 12.254675 ] }, { "date": "2023-10-20", "close": 11.14167, "volume": 7140976, "typical_volume": 25787885.0, "trend": 12.190109, "fair_value": 12.16885, "relative_strength": 6.383139, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.533027, "energy": 66.831372, "activity_lines": [ 11.458877, 11.773398, 12.129132, 12.183198 ] }, { "date": "2023-10-27", "close": 11.910061, "volume": 27595101, "typical_volume": 23920045.45, "trend": 12.180949, "fair_value": 12.166988, "relative_strength": 10.987031, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.68803, "energy": 49.898407, "activity_lines": [ 11.570524, 11.752442, 12.094793, 12.16513 ] }, { "date": "2023-11-03", "close": 11.259884, "volume": 19847193, "typical_volume": 23035601.8, "trend": 12.162139, "fair_value": 12.160509, "relative_strength": 3.904214, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.302843, "energy": 52.360641, "activity_lines": [ 11.45625, 11.623481, 12.000691, 12.105706 ] }, { "date": "2023-11-10", "close": 11.309139, "volume": 8649555, "typical_volume": 22214343.95, "trend": 12.136848, "fair_value": 12.154471, "relative_strength": 3.047704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.818417, "energy": 49.036623, "activity_lines": [ 11.39583, 11.531776, 11.917003, 12.050674 ] }, { "date": "2023-11-17", "close": 11.604674, "volume": 9821835, "typical_volume": 22148717.75, "trend": 12.122382, "fair_value": 12.150599, "relative_strength": 5.544199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.74782, "energy": 33.872302, "activity_lines": [ 11.466758, 11.510999, 11.864792, 12.01634 ] }, { "date": "2023-11-24", "close": 11.584972, "volume": 24877758, "typical_volume": 22472681.7, "trend": 12.121232, "fair_value": 12.146643, "relative_strength": 6.711967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.573513, "energy": 29.422786, "activity_lines": [ 11.513387, 11.507775, 11.812956, 11.981669 ] }, { "date": "2023-12-01", "close": 11.378098, "volume": 8221400, "typical_volume": 21461517.3, "trend": 12.100188, "fair_value": 12.141306, "relative_strength": 5.917425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.233606, "energy": 32.481434, "activity_lines": [ 11.461504, 11.475714, 11.743951, 11.933725 ] }, { "date": "2023-12-08", "close": 11.06286, "volume": 8604501, "typical_volume": 20243441.65, "trend": 12.066037, "fair_value": 12.133869, "relative_strength": 4.728256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.780227, "energy": 37.777721, "activity_lines": [ 11.340006, 11.393501, 11.649427, 11.8668 ] }, { "date": "2023-12-15", "close": 11.171224, "volume": 7793550, "typical_volume": 18361408.55, "trend": 12.038126, "fair_value": 12.127275, "relative_strength": 7.452406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.633047, "energy": 42.577972, "activity_lines": [ 11.267765, 11.344783, 11.572353, 11.80907 ] }, { "date": "2023-12-22", "close": 10.855987, "volume": 5311874, "typical_volume": 15498436.05, "trend": 12.013826, "fair_value": 12.118627, "relative_strength": 6.066789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.905884, "energy": 60.646939, "activity_lines": [ 11.099639, 11.250212, 11.473936, 11.732803 ] }, { "date": "2023-12-29", "close": 11.013605, "volume": 6083100, "typical_volume": 13350966.65, "trend": 11.952092, "fair_value": 12.111161, "relative_strength": 3.992915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.406801, "energy": 56.228943, "activity_lines": [ 11.033964, 11.193075, 11.403148, 11.668273 ] }, { "date": "2024-01-05", "close": 10.944646, "volume": 3434300, "typical_volume": 11992177.2, "trend": 11.904807, "fair_value": 12.103332, "relative_strength": 7.614722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.778247, "energy": 50.62885, "activity_lines": [ 10.983395, 11.125729, 11.334049, 11.603276 ] }, { "date": "2024-01-12", "close": 10.905241, "volume": 4616979, "typical_volume": 11416928.25, "trend": 11.852924, "fair_value": 12.095344, "relative_strength": 8.256965, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.677119, "energy": 46.511935, "activity_lines": [ 10.948587, 11.068771, 11.268468, 11.538788 ] }, { "date": "2024-01-19", "close": 10.04819, "volume": 5141286, "typical_volume": 10414267.9, "trend": 11.787578, "fair_value": 12.081787, "relative_strength": 1.896811, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.211701, "energy": 60.909713, "activity_lines": [ 10.638603, 10.862434, 11.130364, 11.422354 ] }, { "date": "2024-01-26", "close": 10.422535, "volume": 8906427, "typical_volume": 9989530.3, "trend": 11.732411, "fair_value": 12.070871, "relative_strength": 5.620125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.381392, "energy": 61.071963, "activity_lines": [ 10.52827, 10.747086, 11.03842, 11.334286 ] }, { "date": "2024-02-02", "close": 8.590219, "volume": 8291201, "typical_volume": 9705526.35, "trend": 11.614854, "fair_value": 12.048122, "relative_strength": -5.470119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.161938, "energy": 87.504917, "activity_lines": [ 9.836062, 10.320083, 10.783134, 11.131564 ] }, { "date": "2024-02-09", "close": 7.59525, "volume": 14541300, "typical_volume": 9956206.35, "trend": 11.457235, "fair_value": 12.019207, "relative_strength": -23.481577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.470405, "energy": 95.698077, "activity_lines": [ 8.973757, 9.766626, 10.449649, 10.872235 ] }, { "date": "2024-02-23", "close": 8.570515, "volume": 14343308, "typical_volume": 10328301.15, "trend": 11.324245, "fair_value": 11.996957, "relative_strength": -15.93048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.085686, "energy": 87.491934, "activity_lines": [ 8.659833, 9.45927, 10.228936, 10.685995 ] }, { "date": "2024-03-01", "close": 7.949891, "volume": 75922390, "typical_volume": 13851486.7, "trend": 11.156118, "fair_value": 11.971014, "relative_strength": -24.807448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.730989, "energy": 90.6331, "activity_lines": [ 8.294683, 9.084388, 9.964596, 10.468295 ] }, { "date": "2024-03-08", "close": 7.861231, "volume": 99552164, "typical_volume": 18434809.9, "trend": 10.967961, "fair_value": 11.959214, "relative_strength": -24.856546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.107356, "energy": 84.700411, "activity_lines": [ 8.039866, 8.751956, 9.710155, 10.255721 ] }, { "date": "2024-03-15", "close": 8.18632, "volume": 94235801, "typical_volume": 22789551.15, "trend": 10.815924, "fair_value": 11.93418, "relative_strength": -23.395902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.000769, "energy": 61.481496, "activity_lines": [ 8.064165, 8.533081, 9.503233, 10.076261 ] }, { "date": "2024-03-22", "close": 8.629622, "volume": 85749259, "typical_volume": 25697259.05, "trend": 10.687859, "fair_value": 11.906144, "relative_strength": -18.490131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.915596, "energy": 54.407407, "activity_lines": [ 8.263159, 8.446211, 9.352604, 9.935209 ] }, { "date": "2024-03-29", "close": 8.472004, "volume": 108313372, "typical_volume": 30120568.0, "trend": 10.543047, "fair_value": 11.879743, "relative_strength": -18.228915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.627653, "energy": 45.570777, "activity_lines": [ 8.340655, 8.372776, 9.202585, 9.792251 ] }, { "date": "2024-04-05", "close": 8.294683, "volume": 34665673, "typical_volume": 31421373.9, "trend": 10.411042, "fair_value": 11.85159, "relative_strength": -20.901481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.592029, "energy": 36.954634, "activity_lines": [ 8.365611, 8.31134, 9.048954, 9.647195 ] }, { "date": "2024-04-12", "close": 7.585398, "volume": 37422408, "typical_volume": 32801402.55, "trend": 10.238318, "fair_value": 11.812677, "relative_strength": -24.939243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.858792, "energy": 44.596225, "activity_lines": [ 8.131153, 8.152826, 8.842126, 9.464895 ] }, { "date": "2024-04-19", "close": 6.767751, "volume": 45084904, "typical_volume": 33811759.85, "trend": 10.061653, "fair_value": 11.755789, "relative_strength": -33.071968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.619491, "energy": 53.744601, "activity_lines": [ 7.642535, 7.897233, 8.576567, 9.240988 ] }, { "date": "2024-04-26", "close": 7.1815, "volume": 87708773, "typical_volume": 37786128.5, "trend": 9.908632, "fair_value": 11.707581, "relative_strength": -30.041757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.754512, "energy": 57.184266, "activity_lines": [ 7.386405, 7.750002, 8.373351, 9.055171 ] }, { "date": "2024-05-03", "close": 7.211054, "volume": 17122796, "typical_volume": 38212043.25, "trend": 9.754954, "fair_value": 11.643692, "relative_strength": -30.332277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.363973, "energy": 65.212771, "activity_lines": [ 7.236667, 7.615668, 8.192934, 8.881134 ] }, { "date": "2024-05-10", "close": 7.457334, "volume": 35163485, "typical_volume": 39580540.0, "trend": 9.610142, "fair_value": 11.558067, "relative_strength": -28.647765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.06122, "energy": 69.147764, "activity_lines": [ 7.253086, 7.55083, 8.054314, 8.732901 ] }, { "date": "2024-05-17", "close": 7.733166, "volume": 35093815, "typical_volume": 41069637.05, "trend": 9.489957, "fair_value": 11.495311, "relative_strength": -25.462443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.240093, "energy": 50.743374, "activity_lines": [ 7.417272, 7.545098, 7.959649, 8.611805 ] }, { "date": "2024-05-24", "close": 7.142096, "volume": 40197700, "typical_volume": 42775367.05, "trend": 9.356638, "fair_value": 11.4383, "relative_strength": -28.651007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.897122, "energy": 47.596317, "activity_lines": [ 7.374584, 7.434228, 7.823562, 8.46033 ] }, { "date": "2024-05-31", "close": 6.324449, "volume": 48609551, "typical_volume": 45034129.6, "trend": 9.170451, "fair_value": 11.387429, "relative_strength": -35.985232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.73239, "energy": 59.430095, "activity_lines": [ 7.03439, 7.19368, 7.62804, 8.264705 ] }, { "date": "2024-06-07", "close": 5.920552, "volume": 37554280, "typical_volume": 46680994.65, "trend": 8.992474, "fair_value": 11.322711, "relative_strength": -38.767316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.852646, "energy": 73.385517, "activity_lines": [ 6.616701, 6.921609, 7.416052, 8.055034 ] }, { "date": "2024-06-14", "close": 5.881146, "volume": 18737848, "typical_volume": 47360822.75, "trend": 8.81154, "fair_value": 11.26383, "relative_strength": -38.600192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.142333, "energy": 85.4629, "activity_lines": [ 6.27191, 6.688763, 7.224048, 7.854304 ] }, { "date": "2024-06-21", "close": 6.357728, "volume": 30570850, "typical_volume": 48444043.9, "trend": 8.636642, "fair_value": 11.211942, "relative_strength": -31.677234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.32404, "energy": 81.566264, "activity_lines": [ 6.191058, 6.586451, 7.097276, 7.695993 ] }, { "date": "2024-06-28", "close": 6.317992, "volume": 97754479, "typical_volume": 52917207.8, "trend": 8.461076, "fair_value": 11.157153, "relative_strength": -29.989285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.703469, "energy": 74.755779, "activity_lines": [ 6.188658, 6.499235, 6.986076, 7.546403 ] }, { "date": "2024-07-05", "close": 5.751757, "volume": 65659277, "typical_volume": 55473106.65, "trend": 8.273532, "fair_value": 11.103103, "relative_strength": -34.610241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.432642, "energy": 59.407549, "activity_lines": [ 6.052452, 6.317246, 6.831768, 7.371608 ] }, { "date": "2024-07-12", "close": 5.543144, "volume": 46655742, "typical_volume": 57088728.35, "trend": 8.089541, "fair_value": 11.050975, "relative_strength": -37.54885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.80567, "energy": 57.851086, "activity_lines": [ 5.884888, 6.123321, 6.666372, 7.195454 ] }, { "date": "2024-07-19", "close": 5.046446, "volume": 28430647, "typical_volume": 54714141.2, "trend": 7.885382, "fair_value": 11.000462, "relative_strength": -42.83916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.740961, "energy": 64.737359, "activity_lines": [ 5.576919, 5.869414, 6.468087, 6.999125 ] }, { "date": "2024-07-26", "close": 5.066314, "volume": 20678692, "typical_volume": 50770467.6, "trend": 7.692393, "fair_value": 10.950453, "relative_strength": -39.937196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.357543, "energy": 74.802443, "activity_lines": [ 5.331219, 5.662953, 6.285519, 6.81725 ] }, { "date": "2024-08-02", "close": 5.255059, "volume": 23244026, "typical_volume": 47220878.85, "trend": 7.500441, "fair_value": 10.904946, "relative_strength": -36.652244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.022979, "energy": 73.637013, "activity_lines": [ 5.234529, 5.539298, 6.134237, 6.660003 ] }, { "date": "2024-08-09", "close": 5.314663, "volume": 18868455, "typical_volume": 43876838.65, "trend": 7.312775, "fair_value": 10.860131, "relative_strength": -33.949403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.319302, "energy": 66.152517, "activity_lines": [ 5.228569, 5.46079, 6.00259, 6.518985 ] }, { "date": "2024-08-16", "close": 5.10605, "volume": 39403767, "typical_volume": 40431358.4, "trend": 7.119469, "fair_value": 10.81634, "relative_strength": -35.532826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.478563, "energy": 56.034309, "activity_lines": [ 5.18221, 5.362712, 5.86686, 6.376615 ] }, { "date": "2024-08-23", "close": 4.837833, "volume": 20644272, "typical_volume": 39730288.35, "trend": 6.94579, "fair_value": 10.758717, "relative_strength": -36.946321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.637816, "energy": 56.748482, "activity_lines": [ 5.075586, 5.230676, 5.721614, 6.229413 ] }, { "date": "2024-08-30", "close": 5.145786, "volume": 20606631, "typical_volume": 38889499.5, "trend": 6.769898, "fair_value": 10.714372, "relative_strength": -33.43931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.480202, "energy": 51.813545, "activity_lines": [ 5.08552, 5.173601, 5.622159, 6.113284 ] }, { "date": "2024-09-06", "close": 5.195456, "volume": 23464441, "typical_volume": 37808476.35, "trend": 6.65674, "fair_value": 10.669787, "relative_strength": -30.169765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.751254, "energy": 50.093543, "activity_lines": [ 5.106712, 5.147592, 5.53905, 6.011707 ] }, { "date": "2024-09-13", "close": 4.996777, "volume": 26550112, "typical_volume": 34750543.3, "trend": 6.570124, "fair_value": 10.624736, "relative_strength": -30.736678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.163508, "energy": 49.429489, "activity_lines": [ 5.065652, 5.105869, 5.444508, 5.904612 ] }, { "date": "2024-09-20", "close": 5.086182, "volume": 14218260, "typical_volume": 34605316.5, "trend": 6.453979, "fair_value": 10.574979, "relative_strength": -29.480883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.260196, "energy": 43.584951, "activity_lines": [ 5.075586, 5.094129, 5.368883, 5.808874 ] }, { "date": "2024-09-27", "close": 5.761691, "volume": 33591243, "typical_volume": 34526704.4, "trend": 6.381039, "fair_value": 10.533216, "relative_strength": -31.382886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.491923, "energy": 27.666019, "activity_lines": [ 5.312014, 5.213517, 5.367711, 5.76421 ] }, { "date": "2024-10-04", "close": 6.278256, "volume": 16496196, "typical_volume": 33596823.45, "trend": 6.328274, "fair_value": 10.492715, "relative_strength": -31.595123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.736072, "energy": 14.734392, "activity_lines": [ 5.65904, 5.413822, 5.42381, 5.757579 ] }, { "date": "2024-10-11", "close": 5.841163, "volume": 92540783, "typical_volume": 36213977.6, "trend": 6.250102, "fair_value": 10.446493, "relative_strength": -32.51688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.400462, "energy": 20.940765, "activity_lines": [ 5.78487, 5.51262, 5.44521, 5.726153 ] }, { "date": "2024-10-18", "close": 5.930568, "volume": 64540851, "typical_volume": 37010542.6, "trend": 6.160133, "fair_value": 10.402707, "relative_strength": -32.614385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.442073, "energy": 25.099989, "activity_lines": [ 5.897455, 5.617016, 5.481319, 5.705538 ] }, { "date": "2024-10-25", "close": 6.099445, "volume": 43224676, "typical_volume": 37294062.4, "trend": 6.081048, "fair_value": 10.363668, "relative_strength": -31.491888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.652954, "energy": 28.754929, "activity_lines": [ 6.004079, 5.74092, 5.535387, 5.701622 ] }, { "date": "2024-11-01", "close": 5.96037, "volume": 43653117, "typical_volume": 38539825.85, "trend": 6.003238, "fair_value": 10.327713, "relative_strength": -30.974248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.111749, "energy": 28.398771, "activity_lines": [ 5.996794, 5.821475, 5.575358, 5.693837 ] }, { "date": "2024-11-08", "close": 6.4372, "volume": 58716974, "typical_volume": 39947132.05, "trend": 5.964964, "fair_value": 10.293386, "relative_strength": -29.236258, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.369276, "energy": 43.656583, "activity_lines": [ 6.135208, 5.968317, 5.660365, 5.721834 ] }, { "date": "2024-11-15", "close": 6.089511, "volume": 45589370, "typical_volume": 37338876.6, "trend": 5.942356, "fair_value": 10.262732, "relative_strength": -29.545692, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.747777, "energy": 28.18154, "activity_lines": [ 6.147128, 6.028463, 5.711879, 5.729869 ] }, { "date": "2024-11-22", "close": 6.000105, "volume": 32562959, "typical_volume": 35684060.7, "trend": 5.902976, "fair_value": 10.234298, "relative_strength": -27.497225, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.642291, "energy": 26.22411, "activity_lines": [ 6.11269, 6.056097, 5.755967, 5.733595 ] }, { "date": "2024-11-29", "close": 6.208719, "volume": 29004930, "typical_volume": 34801520.1, "trend": 5.869565, "fair_value": 10.212544, "relative_strength": -25.123704, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.259045, "energy": 28.528334, "activity_lines": [ 6.143155, 6.103419, 5.81874, 5.753321 ] }, { "date": "2024-12-06", "close": 6.536539, "volume": 43310547, "typical_volume": 35545515.1, "trend": 5.838872, "fair_value": 10.193264, "relative_strength": -21.38966, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.435503, "energy": 34.647348, "activity_lines": [ 6.275607, 6.189934, 5.909565, 5.796351 ] }, { "date": "2024-12-13", "close": 7.52, "volume": 190675764, "typical_volume": 44045368.7, "trend": 5.831767, "fair_value": 10.177804, "relative_strength": -7.852849, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 85.514401, "energy": 73.788227, "activity_lines": [ 6.697469, 6.441173, 6.086957, 5.904811 ] }, { "date": "2024-12-20", "close": 7.172311, "volume": 156456980, "typical_volume": 50706016.4, "trend": 5.832774, "fair_value": 10.160053, "relative_strength": -10.396148, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.66582, "energy": 75.464603, "activity_lines": [ 6.931248, 6.606618, 6.219551, 5.991298 ] }, { "date": "2024-12-27", "close": 7.698811, "volume": 110103555, "typical_volume": 55267771.4, "trend": 5.878586, "fair_value": 10.14164, "relative_strength": -2.807833, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.79088, "energy": 83.436247, "activity_lines": [ 7.26834, 6.843588, 6.393159, 6.111687 ] }, { "date": "2025-01-03", "close": 6.705416, "volume": 78649898, "typical_volume": 57230077.95, "trend": 5.904748, "fair_value": 10.116672, "relative_strength": -7.67994, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.905799, "energy": 68.155033, "activity_lines": [ 7.161053, 6.867791, 6.460804, 6.165031 ] }, { "date": "2025-01-10", "close": 6.794822, "volume": 84838686, "typical_volume": 60439798.65, "trend": 5.935204, "fair_value": 10.090352, "relative_strength": -4.210349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.266909, "energy": 45.188277, "activity_lines": [ 7.050455, 6.897232, 6.529349, 6.222455 ] }, { "date": "2025-01-17", "close": 6.546473, "volume": 68929451, "typical_volume": 62855939.65, "trend": 5.941495, "fair_value": 10.063682, "relative_strength": -9.667453, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.834699, "energy": 30.403984, "activity_lines": [ 6.839856, 6.866346, 6.564922, 6.261892 ] }, { "date": "2025-01-24", "close": 5.930568, "volume": 48675724, "typical_volume": 64116503.8, "trend": 5.928581, "fair_value": 10.034927, "relative_strength": -17.95583, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.239572, "energy": 18.150793, "activity_lines": [ 6.488856, 6.721491, 6.535167, 6.261187 ] }, { "date": "2025-01-31", "close": 6.01004, "volume": 8462886, "typical_volume": 63212142.5, "trend": 5.937191, "fair_value": 10.005626, "relative_strength": -14.335572, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.421085, "energy": 18.758232, "activity_lines": [ 6.24713, 6.593975, 6.509481, 6.266442 ] }, { "date": "2025-02-07", "close": 6.129247, "volume": 22320300, "typical_volume": 63617244.5, "trend": 5.956727, "fair_value": 9.964915, "relative_strength": -14.952755, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.598945, "energy": 18.320527, "activity_lines": [ 6.157724, 6.487953, 6.490322, 6.278833 ] }, { "date": "2025-02-14", "close": 6.079577, "volume": 38979700, "typical_volume": 63886667.35, "trend": 5.991165, "fair_value": 9.929414, "relative_strength": -16.305233, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.574082, "energy": 18.388257, "activity_lines": [ 6.090173, 6.374345, 6.461467, 6.286759 ] }, { "date": "2025-02-21", "close": 6.039841, "volume": 32413579, "typical_volume": 64682536.5, "trend": 6.023616, "fair_value": 9.894031, "relative_strength": -17.756639, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.985862, "energy": 15.016432, "activity_lines": [ 6.05706, 6.26182, 6.427313, 6.289899 ] }, { "date": "2025-02-28", "close": 6.069643, "volume": 36221808, "typical_volume": 61866587.75, "trend": 6.050769, "fair_value": 9.870391, "relative_strength": -13.718017, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.414897, "energy": 13.256679, "activity_lines": [ 6.067656, 6.181626, 6.397132, 6.292869 ] }, { "date": "2025-03-07", "close": 6.049776, "volume": 28590037, "typical_volume": 60069047.05, "trend": 6.075273, "fair_value": 9.833457, "relative_strength": -15.152261, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.077371, "energy": 15.832649, "activity_lines": [ 6.062358, 6.117868, 6.363972, 6.292805 ] }, { "date": "2025-03-14", "close": 6.238521, "volume": 35766637, "typical_volume": 59696145.1, "trend": 6.113022, "fair_value": 9.796552, "relative_strength": -12.855441, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.624319, "energy": 9.296851, "activity_lines": [ 6.117326, 6.11841, 6.34822, 6.303337 ] }, { "date": "2025-03-21", "close": 6.387529, "volume": 33860660, "typical_volume": 59206522.25, "trend": 6.164678, "fair_value": 9.765757, "relative_strength": -7.516133, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.357353, "energy": 4.363128, "activity_lines": [ 6.214679, 6.154533, 6.345996, 6.321047 ] }, { "date": "2025-03-28", "close": 6.109379, "volume": 34483700, "typical_volume": 57994858.55, "trend": 6.196798, "fair_value": 9.73728, "relative_strength": -10.003416, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.844603, "energy": 7.439531, "activity_lines": [ 6.198785, 6.147489, 6.315248, 6.317479 ] }, { "date": "2025-04-04", "close": 6.149115, "volume": 21656900, "typical_volume": 56798235.05, "trend": 6.228587, "fair_value": 9.710671, "relative_strength": -6.532171, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.72415, "energy": 8.624114, "activity_lines": [ 6.1915, 6.155617, 6.289846, 6.314403 ] }, { "date": "2025-04-11", "close": 6.019973, "volume": 65187480, "typical_volume": 58429461.1, "trend": 6.262693, "fair_value": 9.684229, "relative_strength": -2.934574, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.715473, "energy": 17.625118, "activity_lines": [ 6.135869, 6.136291, 6.25186, 6.300944 ] }, { "date": "2025-04-18", "close": 6.327926, "volume": 46996916, "typical_volume": 59329060.4, "trend": 6.304085, "fair_value": 9.660071, "relative_strength": 2.839906, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.602794, "energy": 7.754258, "activity_lines": [ 6.184877, 6.172776, 6.243109, 6.305153 ] }, { "date": "2025-04-25", "close": 6.427265, "volume": 96819156, "typical_volume": 62004490.85, "trend": 6.32627, "fair_value": 9.636923, "relative_strength": 3.378044, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.60418, "energy": 10.726414, "activity_lines": [ 6.261037, 6.22371, 6.243251, 6.3131 ] }, { "date": "2025-05-02", "close": 6.655746, "volume": 70030181, "typical_volume": 55972211.7, "trend": 6.338853, "fair_value": 9.599463, "relative_strength": 7.502737, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.64067, "energy": 16.847877, "activity_lines": [ 6.410709, 6.309864, 6.265673, 6.334356 ] }, { "date": "2025-05-09", "close": 6.834558, "volume": 66409400, "typical_volume": 51469832.7, "trend": 6.371966, "fair_value": 9.559671, "relative_strength": 8.22056, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.049184, "energy": 39.53526, "activity_lines": [ 6.58356, 6.417331, 6.309241, 6.366337 ] }, { "date": "2025-05-16", "close": 6.844491, "volume": 97691401, "typical_volume": 50849225.0, "trend": 6.402431, "fair_value": 9.535967, "relative_strength": 8.230164, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.640687, "energy": 48.550981, "activity_lines": [ 6.714025, 6.512697, 6.355363, 6.396823 ] }, { "date": "2025-05-23", "close": 6.76502, "volume": 51604300, "typical_volume": 49496945.1, "trend": 6.424616, "fair_value": 9.49517, "relative_strength": 7.772482, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.832187, "energy": 48.904843, "activity_lines": [ 6.763033, 6.579165, 6.397984, 6.420216 ] }, { "date": "2025-05-30", "close": 6.914029, "volume": 27653500, "typical_volume": 46637685.8, "trend": 6.456405, "fair_value": 9.453651, "relative_strength": 11.107519, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.770813, "energy": 52.792082, "activity_lines": [ 6.832571, 6.663152, 6.454513, 6.451791 ] }, { "date": "2025-06-06", "close": 7.063038, "volume": 30348157, "typical_volume": 44708621.1, "trend": 6.477266, "fair_value": 9.410355, "relative_strength": 11.720652, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.512703, "energy": 59.135403, "activity_lines": [ 6.919327, 6.764658, 6.524665, 6.490928 ] }, { "date": "2025-06-13", "close": 6.804756, "volume": 28896266, "typical_volume": 43719648.2, "trend": 6.501108, "fair_value": 9.37385, "relative_strength": 8.167455, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.389933, "energy": 40.620933, "activity_lines": [ 6.892837, 6.801866, 6.56776, 6.512057 ] }, { "date": "2025-06-20", "close": 7.003435, "volume": 48381092, "typical_volume": 45715558.5, "trend": 6.534552, "fair_value": 9.339115, "relative_strength": 12.633149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.67429, "energy": 41.039022, "activity_lines": [ 6.934559, 6.863276, 6.625613, 6.544465 ] }, { "date": "2025-06-27", "close": 7.192179, "volume": 70808740, "typical_volume": 48139980.5, "trend": 6.567334, "fair_value": 9.309504, "relative_strength": 11.578336, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.34843, "energy": 44.689837, "activity_lines": [ 7.028601, 6.941122, 6.696712, 6.586892 ] }, { "date": "2025-07-04", "close": 7.291519, "volume": 81182100, "typical_volume": 50250100.5, "trend": 6.5925, "fair_value": 9.279659, "relative_strength": 11.605925, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.023026, "energy": 43.143984, "activity_lines": [ 7.127278, 7.021316, 6.77221, 6.633614 ] }, { "date": "2025-07-11", "close": 7.81, "volume": 69738300, "typical_volume": 52116336.55, "trend": 6.602167, "fair_value": 9.248991, "relative_strength": 17.071139, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.710923, "energy": 72.200906, "activity_lines": [ 7.373616, 7.180065, 6.891316, 6.712162 ] }, { "date": "2025-07-18", "close": 8.72, "volume": 332366968, "typical_volume": 66923594.55, "trend": 6.653756, "fair_value": 9.22953, "relative_strength": 27.193593, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.509813, "energy": 83.845267, "activity_lines": [ 7.87349, 7.483283, 7.088659, 6.848797 ] }, { "date": "2025-07-25", "close": 9.45, "volume": 369700147, "typical_volume": 83979100.05, "trend": 6.712129, "fair_value": 9.21481, "relative_strength": 33.652041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.797385, "energy": 88.446022, "activity_lines": [ 8.489014, 7.884947, 7.342906, 7.029199 ] }, { "date": "2025-08-01", "close": 8.79, "volume": 150979915, "typical_volume": 89739763.95, "trend": 6.781616, "fair_value": 9.199984, "relative_strength": 25.610337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.062294, "energy": 83.601614, "activity_lines": [ 8.721435, 8.119239, 7.518103, 7.163256 ] }, { "date": "2025-08-08", "close": 9.12, "volume": 93318783, "typical_volume": 92712670.1, "trend": 6.859121, "fair_value": 9.187836, "relative_strength": 27.997208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.068115, "energy": 84.341764, "activity_lines": [ 8.957333, 8.376712, 7.71258, 7.314119 ] }, { "date": "2025-08-15", "close": 8.89, "volume": 100151003, "typical_volume": 95996035.25, "trend": 6.937239, "fair_value": 9.172027, "relative_strength": 18.798451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.344957, "energy": 73.505873, "activity_lines": [ 8.994667, 8.552259, 7.87214, 7.445144 ] }, { "date": "2025-08-22", "close": 9.22, "volume": 115186957, "typical_volume": 100672538.1, "trend": 7.046887, "fair_value": 9.160332, "relative_strength": 17.242915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.179954, "energy": 58.795951, "activity_lines": [ 9.07, 8.754588, 8.049887, 7.592418 ] }, { "date": "2025-08-29", "close": 8.71, "volume": 97376776, "typical_volume": 102282002.9, "trend": 7.136885, "fair_value": 9.148055, "relative_strength": 5.913809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.184967, "energy": 49.44335, "activity_lines": [ 8.942, 8.820277, 8.16444, 7.699716 ] }, { "date": "2025-09-05", "close": 8.5, "volume": 49933831, "typical_volume": 102428848.65, "trend": 7.215911, "fair_value": 9.13387, "relative_strength": 4.115377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.225918, "energy": 36.739129, "activity_lines": [ 8.793333, 8.816755, 8.246183, 7.787659 ] }, { "date": "2025-09-12", "close": 8.49, "volume": 30947753, "typical_volume": 99135278.5, "trend": 7.296258, "fair_value": 9.120807, "relative_strength": 1.215707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.857625, "energy": 30.458555, "activity_lines": [ 8.660667, 8.787636, 8.31663, 7.869858 ] }, { "date": "2025-09-19", "close": 8.26, "volume": 37581083, "typical_volume": 97512823.6, "trend": 7.370263, "fair_value": 9.106771, "relative_strength": -2.63775, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.465932, "energy": 20.458947, "activity_lines": [ 8.493333, 8.694909, 8.35535, 7.932035 ] }, { "date": "2025-09-26", "close": 7.91, "volume": 147880089, "typical_volume": 101586358.05, "trend": 7.431608, "fair_value": 9.087116, "relative_strength": -7.719985, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.83103, "energy": 19.295691, "activity_lines": [ 8.251333, 8.530364, 8.353098, 7.966857 ] }, { "date": "2025-10-03", "close": 7.91, "volume": 15517493, "typical_volume": 97477662.65, "trend": 7.493616, "fair_value": 9.062525, "relative_strength": -9.855469, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.103937, "energy": 17.466313, "activity_lines": [ 8.096667, 8.380545, 8.345724, 7.997721 ] }, { "date": "2025-10-10", "close": 8.1, "volume": 16079671, "typical_volume": 95701431.2, "trend": 7.555665, "fair_value": 9.041651, "relative_strength": -6.579384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.341807, "energy": 14.680895, "activity_lines": [ 8.058667, 8.293273, 8.351372, 8.036842 ] }, { "date": "2025-10-17", "close": 7.87, "volume": 35520183, "typical_volume": 96094765.35, "trend": 7.605081, "fair_value": 9.021553, "relative_strength": -4.599185, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.091243, "energy": 14.962927, "activity_lines": [ 7.970667, 8.176727, 8.328758, 8.057122 ] }, { "date": "2025-10-24", "close": 8.72, "volume": 74069659, "typical_volume": 98280840.45, "trend": 7.692102, "fair_value": 9.003841, "relative_strength": 0.686462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.455771, "energy": 14.959015, "activity_lines": [ 8.207333, 8.237455, 8.382544, 8.129052 ] }, { "date": "2025-10-31", "close": 8.24, "volume": 114001870, "typical_volume": 102536120.65, "trend": 7.761798, "fair_value": 8.984365, "relative_strength": -5.6168, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.302141, "energy": 14.396401, "activity_lines": [ 8.253333, 8.214, 8.382725, 8.164401 ] }, { "date": "2025-11-07", "close": 8.23, "volume": 39343077, "typical_volume": 102084219.9, "trend": 7.835465, "fair_value": 8.962512, "relative_strength": -6.016364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.229584, "energy": 16.231756, "activity_lines": [ 8.274, 8.206545, 8.37512, 8.194607 ] }, { "date": "2025-11-14", "close": 8.13, "volume": 29122097, "typical_volume": 99999887.75, "trend": 7.895535, "fair_value": 8.939332, "relative_strength": -5.972068, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.759969, "energy": 17.394994, "activity_lines": [ 8.24, 8.189636, 8.35215, 8.213609 ] }, { "date": "2025-11-21", "close": 7.55, "volume": 28570746, "typical_volume": 97369320.05, "trend": 7.932959, "fair_value": 8.911496, "relative_strength": -8.032514, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -11.455935, "energy": 16.20138, "activity_lines": [ 8.010667, 8.074, 8.269476, 8.191317 ] }, { "date": "2025-11-28", "close": 7.77, "volume": 20221804, "typical_volume": 94893495.25, "trend": 7.970101, "fair_value": 8.883133, "relative_strength": -8.639656, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.962924, "energy": 35.057358, "activity_lines": [ 7.876, 8.015455, 8.206524, 8.180803 ] }, { "date": "2025-12-05", "close": 7.73, "volume": 16218519, "typical_volume": 79086072.8, "trend": 7.999949, "fair_value": 8.855451, "relative_strength": -10.194054, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.356406, "energy": 48.350024, "activity_lines": [ 7.791333, 7.958545, 8.139952, 8.165313 ] }, { "date": "2025-12-12", "close": 7.46, "volume": 19547731, "typical_volume": 61578452.0, "trend": 8.020466, "fair_value": 8.824288, "relative_strength": -13.701113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.289686, "energy": 59.109686, "activity_lines": [ 7.650667, 7.855818, 8.052381, 8.130478 ] }, { "date": "2025-12-19", "close": 7.48, "volume": 19651337, "typical_volume": 55012023.1, "trend": 8.044299, "fair_value": 8.794379, "relative_strength": -12.422166, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.608435, "energy": 56.664467, "activity_lines": [ 7.568, 7.764909, 7.97619, 8.095609 ] }, { "date": "2025-12-26", "close": 8.0, "volume": 55479470, "typical_volume": 53120057.45, "trend": 8.080498, "fair_value": 8.767303, "relative_strength": -9.165897, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.223994, "energy": 40.705641, "activity_lines": [ 7.702, 7.779818, 7.955762, 8.092751 ] }, { "date": "2026-01-02", "close": 8.1, "volume": 47861304, "typical_volume": 50505572.5, "trend": 8.115063, "fair_value": 8.742992, "relative_strength": -7.277614, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.061271, "energy": 26.358684, "activity_lines": [ 7.839333, 7.810545, 7.95019, 8.094009 ] }, { "date": "2026-01-09", "close": 8.47, "volume": 165729642, "typical_volume": 53032706.75, "trend": 8.170571, "fair_value": 8.727053, "relative_strength": -6.868638, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.435173, "energy": 13.796777, "activity_lines": [ 8.078, 7.919818, 7.983619, 8.116908 ] }, { "date": "2026-01-16", "close": 7.96, "volume": 98191047, "typical_volume": 53073420.3, "trend": 8.202457, "fair_value": 8.707718, "relative_strength": -13.237549, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.040881, "energy": 21.031111, "activity_lines": [ 8.097333, 7.932182, 7.972048, 8.103323 ] }, { "date": "2026-01-23", "close": 8.07, "volume": 45356775, "typical_volume": 52844567.5, "trend": 8.231717, "fair_value": 8.68559, "relative_strength": -12.959477, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.320864, "energy": 20.420152, "activity_lines": [ 8.12, 7.969455, 7.974524, 8.094777 ] }, { "date": "2026-01-30", "close": 7.9, "volume": 33330171, "typical_volume": 52963688.4, "trend": 8.252, "fair_value": 8.662997, "relative_strength": -13.298286, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.474534, "energy": 15.069091, "activity_lines": [ 8.046667, 7.976909, 7.962857, 8.073376 ] }, { "date": "2026-02-06", "close": 7.91, "volume": 29341777, "typical_volume": 52551723.1, "trend": 8.255333, "fair_value": 8.639281, "relative_strength": -11.292463, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.687451, "energy": 12.336969, "activity_lines": [ 7.983333, 7.979818, 7.954952, 8.051312 ] }, { "date": "2026-02-13", "close": 7.73, "volume": 26225100, "typical_volume": 46468973.65, "trend": 8.222333, "fair_value": 8.611349, "relative_strength": -14.45598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.271615, "energy": 24.267519, "activity_lines": [ 7.872667, 7.947455, 7.931571, 8.017419 ] }, { "date": "2026-02-27", "close": 7.97, "volume": 21913200, "typical_volume": 46788759.0, "trend": 8.173, "fair_value": 8.58483, "relative_strength": -14.203771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.270154, "energy": 22.183398, "activity_lines": [ 7.891333, 7.958727, 7.931905, 8.00114 ] }, { "date": "2026-03-06", "close": 7.72, "volume": 28136400, "typical_volume": 47391595.45, "trend": 8.137333, "fair_value": 8.557584, "relative_strength": -14.934507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.143225, "energy": 30.184278, "activity_lines": [ 7.826, 7.915273, 7.908143, 7.971914 ] }, { "date": "2026-03-13", "close": 7.54, "volume": 21015300, "typical_volume": 46666351.3, "trend": 8.084667, "fair_value": 8.52681, "relative_strength": -17.472929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.134589, "energy": 47.644006, "activity_lines": [ 7.724, 7.834727, 7.869048, 7.933376 ] }, { "date": "2026-03-20", "close": 7.11, "volume": 19550606, "typical_volume": 43940398.65, "trend": 8.025333, "fair_value": 8.48828, "relative_strength": -19.718717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.341317, "energy": 65.432149, "activity_lines": [ 7.502667, 7.684364, 7.790571, 7.870495 ] }, { "date": "2026-03-27", "close": 7.14, "volume": 22480240, "typical_volume": 39364317.15, "trend": 7.956, "fair_value": 8.449193, "relative_strength": -18.566776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.598845, "energy": 71.93234, "activity_lines": [ 7.344667, 7.557455, 7.722619, 7.813376 ] }, { "date": "2026-04-03", "close": 6.908899, "volume": 15400292, "typical_volume": 38167177.9, "trend": 7.895963, "fair_value": 8.410623, "relative_strength": -18.654247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.746458, "energy": 80.440632, "activity_lines": [ 7.148966, 7.412709, 7.637895, 7.745821 ] }, { "date": "2026-04-10", "close": 7.117357, "volume": 14406810, "typical_volume": 37431413.55, "trend": 7.849875, "fair_value": 8.378139, "relative_strength": -21.574561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.820692, "energy": 75.495114, "activity_lines": [ 7.093492, 7.324976, 7.579315, 7.695589 ] }, { "date": "2026-04-17", "close": 7.077651, "volume": 12794400, "typical_volume": 36642596.25, "trend": 7.802797, "fair_value": 8.347713, "relative_strength": -24.717658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.019014, "energy": 75.968971, "activity_lines": [ 7.064959, 7.247344, 7.521776, 7.645768 ] }, { "date": "2026-04-24", "close": 6.998238, "volume": 15236879, "typical_volume": 36393350.0, "trend": 7.760738, "fair_value": 8.315215, "relative_strength": -25.430478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.04072, "energy": 75.586631, "activity_lines": [ 7.040778, 7.170225, 7.458923, 7.593861 ] }, { "date": "2026-05-01", "close": 7.147136, "volume": 23837228, "typical_volume": 36774285.45, "trend": 7.735309, "fair_value": 8.283859, "relative_strength": -24.281286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.6164, "energy": 48.113734, "activity_lines": [ 7.07368, 7.136756, 7.413926, 7.554274 ] }, { "date": "2026-05-08", "close": 7.13721, "volume": 13826635, "typical_volume": 36488230.65, "trend": 7.70955, "fair_value": 8.255127, "relative_strength": -26.116998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.835781, "energy": 43.541669, "activity_lines": [ 7.102798, 7.11208, 7.370759, 7.515687 ] }, { "date": "2026-05-15", "close": 6.720294, "volume": 29003199, "typical_volume": 36955823.75, "trend": 7.66356, "fair_value": 8.221222, "relative_strength": -29.894061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.762182, "energy": 51.897589, "activity_lines": [ 6.977723, 7.026743, 7.289422, 7.451864 ] }, { "date": "2026-05-22", "close": 6.998238, "volume": 41810922, "typical_volume": 36272396.35, "trend": 7.634501, "fair_value": 8.188599, "relative_strength": -26.650511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.76528, "energy": 41.597002, "activity_lines": [ 6.971767, 7.010118, 7.238175, 7.40894 ] }, { "date": "2026-05-29", "close": 7.226549, "volume": 63434666, "typical_volume": 37051064.45, "trend": 7.584719, "fair_value": 8.157945, "relative_strength": -23.660914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.413765, "energy": 31.635914, "activity_lines": [ 7.047209, 7.044853, 7.213441, 7.38262 ] }, { "date": "2026-06-05", "close": 6.84, "volume": 6113500, "typical_volume": 29070257.35, "trend": 7.538052, "fair_value": 8.127529, "relative_strength": -25.948623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.816242, "energy": 40.741397, "activity_lines": [ 6.978581, 7.007188, 7.156053, 7.334574 ] }, { "date": "2026-06-12", "close": 6.26, "volume": 4488100, "typical_volume": 24385110.0, "trend": 7.472386, "fair_value": 8.085185, "relative_strength": -30.022725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.030197, "energy": 51.724025, "activity_lines": [ 6.737094, 6.869523, 7.051188, 7.252119 ] }, { "date": "2026-06-19", "close": 5.88, "volume": 18382900, "typical_volume": 23036416.25, "trend": 7.397386, "fair_value": 8.043626, "relative_strength": -38.037831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.560353, "energy": 80.959598, "activity_lines": [ 6.427422, 6.674566, 6.918228, 7.149384 ] }, { "date": "2026-06-26", "close": 5.53, "volume": 3644985, "typical_volume": 21552156.95, "trend": 7.330052, "fair_value": 7.999192, "relative_strength": -40.128608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.331235, "energy": 94.748406, "activity_lines": [ 6.057103, 6.438469, 6.762364, 7.028908 ] }, { "date": "2026-07-03", "close": 5.73, "volume": 4476300, "typical_volume": 20308883.1, "trend": 7.262052, "fair_value": 7.958945, "relative_strength": -36.549728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.200965, "energy": 90.564384, "activity_lines": [ 5.851333, 6.266875, 6.636832, 6.925679 ] }, { "date": "2026-07-10", "close": 6.19, "volume": 71720598, "typical_volume": 22583658.0, "trend": 7.210719, "fair_value": 7.921204, "relative_strength": -28.273743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.207465, "energy": 85.102996, "activity_lines": [ 5.898667, 6.201977, 6.565492, 6.856514 ] }, { "date": "2026-07-17", "close": 5.56, "volume": 30063024, "typical_volume": 22991149.2, "trend": 7.147386, "fair_value": 7.879173, "relative_strength": -28.498398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.741213, "energy": 76.827825, "activity_lines": [ 5.779333, 6.039935, 6.441484, 6.750016 ] }, { "date": "2026-07-24", "close": 5.23, "volume": 20498000, "typical_volume": 22609229.2, "trend": 7.072386, "fair_value": 7.833699, "relative_strength": -32.108258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.326979, "energy": 66.383759, "activity_lines": [ 5.596667, 5.84657, 6.297524, 6.626314 ] }, { "date": "2026-07-31", "close": 5.46, "volume": 15535700, "typical_volume": 22335249.2, "trend": 6.987719, "fair_value": 7.788185, "relative_strength": -26.985906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.772921, "energy": 60.533114, "activity_lines": [ 5.534, 5.722119, 6.187326, 6.522289 ] }, { "date": "2026-08-07", "close": 5.7, "volume": 22591572, "typical_volume": 22487297.5, "trend": 6.907719, "fair_value": 7.741431, "relative_strength": -26.647462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.618371, "energy": 56.6503, "activity_lines": [ 5.556, 5.669273, 6.10989, 6.43921 ] } ], "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." } } }