{ "ticker": { "uuid": "2fbf457a-a1fd-461f-8902-71e9b9742001", "symbol": "003000", "name": "Jinzai Food Group Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.595, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -18.494, "architecture_energy": 13.144, "architecture_maturity": 25.525, "architecture_confidence": 69.666, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.05, "rotation_up": 34.16, "upward_expansion": 25.37, "deceleration": 40.8, "rotation_down": 22.01, "downward_expansion": 48.04 }, "activity_lines": [ 10.466, 10.323818, 10.390423, 10.465828 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 10.62, "trend_reference": 10.666037, "distance_from_trend": -0.004316, "trend_direction": "Weakening", "fair_value": 11.801521, "distance_from_fair_value": -0.100116, "fair_value_direction": "Weakening", "relative_strength": -9.174646, "relative_strength_direction": "Improving", "price_momentum": -0.067603, "excess_performance": -0.075003, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004316, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.042349, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.100116, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.015679, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.091746, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.177625, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.067603, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.533015, "read": "Supply-led" } ], "volume": { "latest": 22204724, "relative_activity": 1.19094, "balance": 0.533015, "dry_up": 1.529077, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.060714, "annualized_volatility": 0.288293, "from_high_reference": -0.211948, "from_low_reference": 0.102804 }, "levels": { "trend_reference": 10.666037, "fair_value_reference": 11.801521, "structural_low": 9.63, "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": 10, "median_return": 0.012911, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.002155, "regime_survival": 0.4, "best_return": 0.293441, "worst_return": -0.02828, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.087649, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.143905, "regime_survival": 0.0, "best_return": 0.362401, "worst_return": -0.056052, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.061953, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.072754, "regime_survival": 0.0, "best_return": 0.323896, "worst_return": -0.090543, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.0071, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.122405, "regime_survival": 0.0, "best_return": 0.322467, "worst_return": -0.045722, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.069578, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-07-26", "tenure": "Developing", "return": -0.133716, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2024-09-27", "tenure": "Developing", "return": 0.156935, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.101449, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.121852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-24", "tenure": "Developing", "return": -0.104152, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": -0.047928, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.06867, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.155812, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.051451, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": -0.104167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-26", "tenure": "Developing", "return": -0.034013, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-07-31", "tenure": "Extended", "return": -0.095754, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.965946, "volume": 18226497, "typical_volume": 21756377.5, "trend": 12.370462, "fair_value": 11.139964, "relative_strength": -1.719442, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.965992, "energy": 75.898714, "activity_lines": [ 11.038739, 11.484337, 12.102101, 12.35286 ] }, { "date": "2023-08-04", "close": 11.097726, "volume": 21513328, "typical_volume": 21650556.2, "trend": 12.376398, "fair_value": 11.139678, "relative_strength": -2.433913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.442822, "energy": 73.606865, "activity_lines": [ 10.994185, 11.354611, 11.965034, 12.270748 ] }, { "date": "2023-08-11", "close": 10.551783, "volume": 13328356, "typical_volume": 20353233.55, "trend": 12.367224, "fair_value": 11.135733, "relative_strength": -4.133157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.994846, "energy": 75.178253, "activity_lines": [ 10.817852, 11.151465, 11.786107, 12.153031 ] }, { "date": "2023-08-18", "close": 10.928296, "volume": 15979638, "typical_volume": 19514365.8, "trend": 12.386344, "fair_value": 11.13435, "relative_strength": 1.894383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.838074, "energy": 51.570263, "activity_lines": [ 10.851738, 11.048438, 11.654052, 12.060197 ] }, { "date": "2023-08-25", "close": 9.826994, "volume": 28721167, "typical_volume": 19862807.8, "trend": 12.371842, "fair_value": 11.125692, "relative_strength": -5.762578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.467636, "energy": 64.397485, "activity_lines": [ 10.510993, 10.772385, 11.4318, 11.895078 ] }, { "date": "2023-09-01", "close": 10.071728, "volume": 23219675, "typical_volume": 20143383.85, "trend": 12.292021, "fair_value": 11.118758, "relative_strength": -6.724818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.129983, "energy": 68.854567, "activity_lines": [ 10.310186, 10.593028, 11.251335, 11.746683 ] }, { "date": "2023-09-08", "close": 10.062315, "volume": 23298668, "typical_volume": 20201713.15, "trend": 12.205094, "fair_value": 11.111853, "relative_strength": -5.367282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.980795, "energy": 60.442814, "activity_lines": [ 10.165856, 10.447385, 11.081994, 11.602831 ] }, { "date": "2023-09-15", "close": 10.128205, "volume": 15278977, "typical_volume": 19574494.95, "trend": 12.129934, "fair_value": 11.105465, "relative_strength": -3.629397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.257941, "energy": 65.16038, "activity_lines": [ 10.112517, 10.34624, 10.931478, 11.468838 ] }, { "date": "2023-09-22", "close": 9.958775, "volume": 18421643, "typical_volume": 20088967.1, "trend": 12.038938, "fair_value": 11.098067, "relative_strength": -5.794996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.054474, "energy": 53.160469, "activity_lines": [ 10.030939, 10.245095, 10.782173, 11.328764 ] }, { "date": "2023-09-29", "close": 9.968187, "volume": 17886458, "typical_volume": 20086110.7, "trend": 11.904109, "fair_value": 11.090825, "relative_strength": -5.196006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.529187, "energy": 50.108995, "activity_lines": [ 10.017134, 10.161236, 10.650886, 11.195167 ] }, { "date": "2023-10-13", "close": 9.685802, "volume": 15002178, "typical_volume": 20220371.5, "trend": 11.767275, "fair_value": 11.092319, "relative_strength": -7.520411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.012837, "energy": 50.951959, "activity_lines": [ 9.899787, 10.039382, 10.507632, 11.05205 ] }, { "date": "2023-10-20", "close": 9.233986, "volume": 10452004, "typical_volume": 19837593.25, "trend": 11.634214, "fair_value": 11.053896, "relative_strength": -7.129092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.878117, "energy": 60.83265, "activity_lines": [ 9.657564, 9.858656, 10.337573, 10.888612 ] }, { "date": "2023-10-27", "close": 11.295397, "volume": 79181486, "typical_volume": 22312794.0, "trend": 11.581907, "fair_value": 11.029145, "relative_strength": 11.054911, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.125753, "energy": 26.687566, "activity_lines": [ 10.157699, 10.086618, 10.379483, 10.866753 ] }, { "date": "2023-11-03", "close": 11.097726, "volume": 37499644, "typical_volume": 23135657.85, "trend": 11.484728, "fair_value": 11.000209, "relative_strength": 7.990891, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.132448, "energy": 15.339274, "activity_lines": [ 10.514131, 10.265119, 10.407318, 10.835516 ] }, { "date": "2023-11-10", "close": 11.285983, "volume": 26340327, "typical_volume": 23417525.8, "trend": 11.404013, "fair_value": 10.980261, "relative_strength": 7.945361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.335001, "energy": 14.049526, "activity_lines": [ 10.857386, 10.474768, 10.459402, 10.822693 ] }, { "date": "2023-11-17", "close": 11.144791, "volume": 14280196, "typical_volume": 23577642.9, "trend": 11.355638, "fair_value": 10.956948, "relative_strength": 6.238903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.671751, "energy": 23.332099, "activity_lines": [ 11.065723, 10.632219, 10.504763, 10.805969 ] }, { "date": "2023-11-24", "close": 12.048423, "volume": 36831983, "typical_volume": 24531608.2, "trend": 11.333989, "fair_value": 10.945836, "relative_strength": 15.841003, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.631898, "energy": 44.713659, "activity_lines": [ 11.478005, 10.934457, 10.640353, 10.850665 ] }, { "date": "2023-12-01", "close": 11.775451, "volume": 23427837, "typical_volume": 24867128.25, "trend": 11.267471, "fair_value": 10.930094, "relative_strength": 13.99143, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.566933, "energy": 55.496866, "activity_lines": [ 11.611667, 11.150952, 10.749004, 10.879147 ] }, { "date": "2023-12-08", "close": 11.361286, "volume": 30690876, "typical_volume": 24325924.2, "trend": 11.194365, "fair_value": 10.907896, "relative_strength": 11.497729, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.88042, "energy": 49.945068, "activity_lines": [ 11.575271, 11.262195, 10.818435, 10.885199 ] }, { "date": "2023-12-15", "close": 11.210681, "volume": 20125039, "typical_volume": 24485298.85, "trend": 11.131299, "fair_value": 10.871774, "relative_strength": 11.539444, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.338604, "energy": 35.455128, "activity_lines": [ 11.471103, 11.320554, 10.870922, 10.886252 ] }, { "date": "2023-12-22", "close": 10.97536, "volume": 16642015, "typical_volume": 24406074.75, "trend": 11.060703, "fair_value": 10.832704, "relative_strength": 10.630063, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.256929, "energy": 15.665361, "activity_lines": [ 11.293514, 11.313537, 10.898578, 10.876191 ] }, { "date": "2023-12-29", "close": 11.502479, "volume": 21357425, "typical_volume": 24398279.6, "trend": 11.026817, "fair_value": 10.795747, "relative_strength": 11.809858, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.711608, "energy": 13.869251, "activity_lines": [ 11.302927, 11.378914, 10.976391, 10.904693 ] }, { "date": "2024-01-05", "close": 10.711801, "volume": 17670185, "typical_volume": 24615371.05, "trend": 10.974105, "fair_value": 10.772898, "relative_strength": 8.387534, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -0.248587, "energy": 7.733155, "activity_lines": [ 11.085177, 11.259285, 10.976974, 10.884369 ] }, { "date": "2024-01-12", "close": 12.236679, "volume": 20044716, "typical_volume": 24818624.95, "trend": 10.96783, "fair_value": 10.757464, "relative_strength": 24.655258, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.446271, "energy": 22.01163, "activity_lines": [ 11.446629, 11.427518, 11.122021, 10.965826 ] }, { "date": "2024-01-19", "close": 12.735559, "volume": 132331525, "typical_volume": 29999142.85, "trend": 10.969085, "fair_value": 10.754039, "relative_strength": 31.673542, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.679341, "energy": 57.153982, "activity_lines": [ 11.916015, 11.665748, 11.30835, 11.079873 ] }, { "date": "2024-01-26", "close": 12.057836, "volume": 59988737, "typical_volume": 31837595.95, "trend": 10.97034, "fair_value": 10.74673, "relative_strength": 23.97031, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.448813, "energy": 58.843644, "activity_lines": [ 12.057836, 11.7544, 11.416284, 11.150115 ] }, { "date": "2024-02-02", "close": 11.662497, "volume": 44784734, "typical_volume": 32911899.25, "trend": 10.964065, "fair_value": 10.731531, "relative_strength": 29.100257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.188472, "energy": 59.232615, "activity_lines": [ 11.995711, 11.754571, 11.477109, 11.19477 ] }, { "date": "2024-02-09", "close": 12.763798, "volume": 53666631, "typical_volume": 34831281.95, "trend": 10.995441, "fair_value": 10.73635, "relative_strength": 28.132824, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.459543, "energy": 63.149348, "activity_lines": [ 12.290019, 11.961996, 11.6352, 11.310882 ] }, { "date": "2024-02-23", "close": 13.065009, "volume": 36520531, "typical_volume": 35736226.35, "trend": 11.07043, "fair_value": 10.73901, "relative_strength": 26.732491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.852463, "energy": 53.877979, "activity_lines": [ 12.547931, 12.206216, 11.809427, 11.444402 ] }, { "date": "2024-03-01", "close": 13.177961, "volume": 25350733, "typical_volume": 36109440.1, "trend": 11.152949, "fair_value": 10.748154, "relative_strength": 22.176055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.146694, "energy": 54.724147, "activity_lines": [ 12.788271, 12.439996, 11.979619, 11.580372 ] }, { "date": "2024-03-08", "close": 12.961469, "volume": 30161712, "typical_volume": 36867416.8, "trend": 11.219466, "fair_value": 10.722968, "relative_strength": 20.389907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.522224, "energy": 58.171623, "activity_lines": [ 12.926954, 12.598646, 12.113909, 11.697051 ] }, { "date": "2024-03-15", "close": 13.469761, "volume": 34899336, "typical_volume": 38089783.4, "trend": 11.298534, "fair_value": 10.69528, "relative_strength": 21.494229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.313634, "energy": 59.477211, "activity_lines": [ 13.174825, 12.813601, 12.28101, 11.842231 ] }, { "date": "2024-03-22", "close": 12.688495, "volume": 32057059, "typical_volume": 35733562.05, "trend": 11.369758, "fair_value": 10.683894, "relative_strength": 14.779933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.075304, "energy": 42.369823, "activity_lines": [ 13.04179, 12.850738, 12.353533, 11.931906 ] }, { "date": "2024-03-29", "close": 13.554475, "volume": 41966471, "typical_volume": 35956903.4, "trend": 11.457297, "fair_value": 10.686582, "relative_strength": 24.205612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.234875, "energy": 42.871267, "activity_lines": [ 13.202436, 13.009387, 12.501897, 12.072856 ] }, { "date": "2024-04-05", "close": 13.554475, "volume": 22727536, "typical_volume": 35776263.85, "trend": 11.581546, "fair_value": 10.690941, "relative_strength": 21.699057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.810637, "energy": 42.073609, "activity_lines": [ 13.33045, 13.144076, 12.638562, 12.208157 ] }, { "date": "2024-04-12", "close": 14.646364, "volume": 49423979, "typical_volume": 37533453.0, "trend": 11.734034, "fair_value": 10.705811, "relative_strength": 35.139972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.221457, "energy": 49.702356, "activity_lines": [ 13.797326, 13.462401, 12.868415, 12.405888 ] }, { "date": "2024-04-19", "close": 14.382804, "volume": 42407642, "typical_volume": 37812235.95, "trend": 11.878051, "fair_value": 10.714097, "relative_strength": 31.106902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.161035, "energy": 64.60786, "activity_lines": [ 14.064023, 13.685742, 13.056492, 12.576776 ] }, { "date": "2024-04-26", "close": 14.043942, "volume": 48394681, "typical_volume": 39060578.15, "trend": 12.008575, "fair_value": 10.716525, "relative_strength": 24.678244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.64561, "energy": 59.68683, "activity_lines": [ 14.156896, 13.798011, 13.201181, 12.716511 ] }, { "date": "2024-05-03", "close": 14.396232, "volume": 18776905, "typical_volume": 38464879.6, "trend": 12.15649, "fair_value": 10.717871, "relative_strength": 25.36786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.634225, "energy": 61.001306, "activity_lines": [ 14.276836, 13.951058, 13.368618, 12.870553 ] }, { "date": "2024-05-10", "close": 13.838834, "volume": 31012396, "typical_volume": 39009247.45, "trend": 12.285512, "fair_value": 10.715068, "relative_strength": 18.334607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.583484, "energy": 41.476302, "activity_lines": [ 14.15486, 13.978555, 13.468518, 12.979092 ] }, { "date": "2024-05-17", "close": 13.223776, "volume": 31258493, "typical_volume": 39740071.35, "trend": 12.403444, "fair_value": 10.709129, "relative_strength": 13.058656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.124764, "energy": 27.373195, "activity_lines": [ 13.808907, 13.882208, 13.497326, 13.039625 ] }, { "date": "2024-05-24", "close": 12.983518, "volume": 20641700, "typical_volume": 39704285.1, "trend": 12.528429, "fair_value": 10.702974, "relative_strength": 14.018909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.176599, "energy": 17.129403, "activity_lines": [ 13.477707, 13.737408, 13.492546, 13.077049 ] }, { "date": "2024-05-31", "close": 12.579885, "volume": 17502833, "typical_volume": 39695917.5, "trend": 12.571245, "fair_value": 10.700509, "relative_strength": 10.896971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.956398, "energy": 16.913526, "activity_lines": [ 13.105248, 13.528062, 13.442272, 13.080369 ] }, { "date": "2024-06-07", "close": 12.368458, "volume": 23714990, "typical_volume": 39879431.2, "trend": 12.613603, "fair_value": 10.700193, "relative_strength": 9.984029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.028453, "energy": 20.798257, "activity_lines": [ 12.759918, 13.282249, 13.362966, 13.067286 ] }, { "date": "2024-06-14", "close": 12.08015, "volume": 14360989, "typical_volume": 33980904.4, "trend": 12.640075, "fair_value": 10.694057, "relative_strength": 7.141504, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.717619, "energy": 37.497328, "activity_lines": [ 12.45367, 13.00558, 13.255575, 13.032869 ] }, { "date": "2024-06-21", "close": 11.714957, "volume": 17577663, "typical_volume": 31860350.7, "trend": 12.65908, "fair_value": 10.685347, "relative_strength": 5.814789, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.369378, "energy": 55.299632, "activity_lines": [ 12.142936, 12.689318, 13.116524, 12.973184 ] }, { "date": "2024-06-28", "close": 11.580415, "volume": 22706099, "typical_volume": 30756418.95, "trend": 12.64348, "fair_value": 10.676534, "relative_strength": 6.842181, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.914034, "energy": 61.590752, "activity_lines": [ 11.887944, 12.401892, 12.966293, 12.903593 ] }, { "date": "2024-07-05", "close": 12.022488, "volume": 21750925, "typical_volume": 29160633.65, "trend": 12.651715, "fair_value": 10.671781, "relative_strength": 12.352882, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.560131, "energy": 55.422912, "activity_lines": [ 11.873849, 12.245796, 12.858555, 12.863529 ] }, { "date": "2024-07-12", "close": 12.032099, "volume": 34682346, "typical_volume": 29068724.4, "trend": 12.674075, "fair_value": 10.668841, "relative_strength": 9.941177, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.594239, "energy": 46.668884, "activity_lines": [ 11.900117, 12.128201, 12.755262, 12.823554 ] }, { "date": "2024-07-19", "close": 11.128729, "volume": 35885073, "typical_volume": 29595441.4, "trend": 12.671344, "fair_value": 10.658417, "relative_strength": 0.867763, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.833364, "energy": 48.306443, "activity_lines": [ 11.647686, 11.889341, 12.570853, 12.723854 ] }, { "date": "2024-07-26", "close": 10.148479, "volume": 29838766, "typical_volume": 29579294.1, "trend": 12.643781, "fair_value": 10.644104, "relative_strength": -5.043485, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.024167, "energy": 77.721511, "activity_lines": [ 11.131933, 11.521529, 12.302844, 12.561089 ] }, { "date": "2024-08-02", "close": 10.677045, "volume": 40152137, "typical_volume": 29841934.15, "trend": 12.616266, "fair_value": 10.634815, "relative_strength": 0.01211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.615546, "energy": 76.387077, "activity_lines": [ 10.896801, 11.305734, 12.098571, 12.434202 ] }, { "date": "2024-08-09", "close": 10.52328, "volume": 39451958, "typical_volume": 30211679.1, "trend": 12.609982, "fair_value": 10.625357, "relative_strength": 0.03925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.828885, "energy": 80.388835, "activity_lines": [ 10.670638, 11.103918, 11.892952, 12.299171 ] }, { "date": "2024-08-16", "close": 10.292633, "volume": 15989598, "typical_volume": 28912835.45, "trend": 12.545181, "fair_value": 10.616523, "relative_strength": -2.008414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.503315, "energy": 83.281139, "activity_lines": [ 10.46754, 10.897558, 11.675677, 12.149665 ] }, { "date": "2024-08-23", "close": 10.254192, "volume": 22847799, "typical_volume": 28918848.6, "trend": 12.462469, "fair_value": 10.614276, "relative_strength": -0.790642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.23464, "energy": 73.938818, "activity_lines": [ 10.367593, 10.721952, 11.470273, 12.001859 ] }, { "date": "2024-08-30", "close": 10.657825, "volume": 23314293, "typical_volume": 27613364.3, "trend": 12.415801, "fair_value": 10.619055, "relative_strength": 0.702077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.928634, "energy": 54.621076, "activity_lines": [ 10.460493, 10.652932, 11.319027, 11.88543 ] }, { "date": "2024-09-06", "close": 10.475228, "volume": 21623099, "typical_volume": 26574137.15, "trend": 12.376226, "fair_value": 10.623422, "relative_strength": 1.138649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.463575, "energy": 50.982599, "activity_lines": [ 10.458571, 10.569934, 11.169383, 11.760232 ] }, { "date": "2024-09-13", "close": 10.215751, "volume": 18044337, "typical_volume": 25056619.95, "trend": 12.291291, "fair_value": 10.622564, "relative_strength": -0.026302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.301606, "energy": 49.986511, "activity_lines": [ 10.383611, 10.459852, 11.013635, 11.620846 ] }, { "date": "2024-09-20", "close": 9.792897, "volume": 18435384, "typical_volume": 25039543.9, "trend": 12.182221, "fair_value": 10.618294, "relative_strength": -5.583498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.246129, "energy": 52.262808, "activity_lines": [ 10.188201, 10.305738, 10.835844, 11.45966 ] }, { "date": "2024-09-27", "close": 12.352648, "volume": 63844394, "typical_volume": 26681143.8, "trend": 12.15471, "fair_value": 10.631543, "relative_strength": 0.623402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.717441, "energy": 17.02638, "activity_lines": [ 10.879357, 10.657746, 10.92376, 11.470655 ] }, { "date": "2024-10-04", "close": 13.380419, "volume": 14512086, "typical_volume": 25843823.45, "trend": 12.168675, "fair_value": 10.656227, "relative_strength": -1.937185, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 15.703246, "energy": 22.675164, "activity_lines": [ 11.773207, 11.174368, 11.116636, 11.549733 ] }, { "date": "2024-10-11", "close": 12.721093, "volume": 56992199, "typical_volume": 27661348.4, "trend": 12.14372, "fair_value": 10.675575, "relative_strength": -2.824475, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.360732, "energy": 34.748937, "activity_lines": [ 12.265775, 11.51235, 11.245973, 11.585373 ] }, { "date": "2024-10-18", "close": 13.099236, "volume": 50329658, "typical_volume": 29302689.65, "trend": 12.157411, "fair_value": 10.703771, "relative_strength": -3.237418, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.992782, "energy": 43.13386, "activity_lines": [ 12.734667, 11.88192, 11.412573, 11.647019 ] }, { "date": "2024-10-25", "close": 12.265384, "volume": 65946293, "typical_volume": 31414254.8, "trend": 12.114441, "fair_value": 10.727965, "relative_strength": -11.880158, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.653841, "energy": 47.899506, "activity_lines": [ 12.733375, 12.053046, 11.497286, 11.653985 ] }, { "date": "2024-11-01", "close": 11.867849, "volume": 49276896, "typical_volume": 33160050.15, "trend": 12.05822, "fair_value": 10.75037, "relative_strength": -13.369335, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.126706, "energy": 35.019064, "activity_lines": [ 12.43474, 12.116025, 11.544629, 11.638076 ] }, { "date": "2024-11-08", "close": 12.856837, "volume": 73062925, "typical_volume": 35934313.25, "trend": 11.998569, "fair_value": 10.777772, "relative_strength": -12.121061, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.403564, "energy": 26.149663, "activity_lines": [ 12.498087, 12.32948, 11.687172, 11.6896 ] }, { "date": "2024-11-15", "close": 12.022985, "volume": 54030552, "typical_volume": 37500535.9, "trend": 11.919909, "fair_value": 10.799419, "relative_strength": -14.649485, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.756703, "energy": 12.694226, "activity_lines": [ 12.318388, 12.351344, 11.744863, 11.691175 ] }, { "date": "2024-11-22", "close": 11.935721, "volume": 43205876, "typical_volume": 38573283.45, "trend": 11.849635, "fair_value": 10.822201, "relative_strength": -12.784791, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.763549, "energy": 8.388037, "activity_lines": [ 12.156143, 12.3292, 11.792136, 11.692195 ] }, { "date": "2024-11-29", "close": 12.750181, "volume": 46380025, "typical_volume": 39158167.4, "trend": 11.794766, "fair_value": 10.850437, "relative_strength": -8.321444, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.826581, "energy": 16.001369, "activity_lines": [ 12.342951, 12.423868, 11.91739, 11.750295 ] }, { "date": "2024-12-06", "close": 12.565958, "volume": 54844667, "typical_volume": 40106147.1, "trend": 11.752337, "fair_value": 10.874923, "relative_strength": -11.088754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.156527, "energy": 25.568245, "activity_lines": [ 12.436032, 12.431273, 12.021679, 11.800049 ] }, { "date": "2024-12-13", "close": 13.390115, "volume": 95594743, "typical_volume": 43393945.95, "trend": 11.757882, "fair_value": 10.905684, "relative_strength": -4.65019, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.032833, "energy": 39.542705, "activity_lines": [ 12.757292, 12.584645, 12.197616, 11.905712 ] }, { "date": "2024-12-20", "close": 13.312547, "volume": 58262604, "typical_volume": 44299469.3, "trend": 11.768849, "fair_value": 10.933262, "relative_strength": -4.689051, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.329189, "energy": 48.027383, "activity_lines": [ 13.017143, 12.723738, 12.350728, 12.006013 ] }, { "date": "2024-12-27", "close": 13.409507, "volume": 80574127, "typical_volume": 46355577.75, "trend": 11.796504, "fair_value": 10.96117, "relative_strength": -4.21027, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.185379, "energy": 53.495481, "activity_lines": [ 13.223344, 12.869706, 12.500525, 12.111862 ] }, { "date": "2025-01-03", "close": 13.302852, "volume": 90246198, "typical_volume": 50068407.75, "trend": 11.82765, "fair_value": 10.988569, "relative_strength": 2.14837, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.116775, "energy": 53.19126, "activity_lines": [ 13.295741, 12.990641, 12.626421, 12.209046 ] }, { "date": "2025-01-10", "close": 11.9842, "volume": 75919282, "typical_volume": 52721981.9, "trend": 11.824452, "fair_value": 11.005179, "relative_strength": -7.09236, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.237849, "energy": 27.772795, "activity_lines": [ 12.891743, 12.852959, 12.612396, 12.219146 ] }, { "date": "2025-01-17", "close": 12.32356, "volume": 55340983, "typical_volume": 54323316.4, "trend": 11.844738, "fair_value": 11.022387, "relative_strength": -7.698129, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.523659, "energy": 17.458401, "activity_lines": [ 12.639648, 12.774862, 12.622453, 12.251346 ] }, { "date": "2025-01-24", "close": 11.926025, "volume": 38799939, "typical_volume": 55182158.4, "trend": 11.856259, "fair_value": 11.033018, "relative_strength": -11.439278, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.570723, "energy": 15.613571, "activity_lines": [ 12.326145, 12.634183, 12.586717, 12.256591 ] }, { "date": "2025-01-31", "close": 11.935721, "volume": 7354722, "typical_volume": 54647677.65, "trend": 11.853367, "fair_value": 11.046397, "relative_strength": -9.908643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.959802, "energy": 16.569062, "activity_lines": [ 12.108309, 12.497029, 12.544997, 12.261717 ] }, { "date": "2025-02-07", "close": 11.36366, "volume": 34460900, "typical_volume": 55448953.45, "trend": 11.831085, "fair_value": 11.05862, "relative_strength": -17.176572, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.369216, "energy": 28.434296, "activity_lines": [ 11.798039, 12.255864, 12.440604, 12.230123 ] }, { "date": "2025-02-14", "close": 11.295788, "volume": 35882270, "typical_volume": 54050847.25, "trend": 11.836654, "fair_value": 11.067488, "relative_strength": -18.521203, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.35857, "energy": 40.214331, "activity_lines": [ 11.594424, 12.027568, 12.322267, 12.195588 ] }, { "date": "2025-02-21", "close": 11.2667, "volume": 33091345, "typical_volume": 54979810.2, "trend": 11.873928, "fair_value": 11.080141, "relative_strength": -20.024172, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.173585, "energy": 45.499957, "activity_lines": [ 11.427007, 11.817078, 12.206192, 12.158817 ] }, { "date": "2025-02-28", "close": 11.945416, "volume": 55795238, "typical_volume": 54919962.15, "trend": 11.916207, "fair_value": 11.102109, "relative_strength": -11.810158, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.61875, "energy": 33.66614, "activity_lines": [ 11.556286, 11.768598, 12.164823, 12.163429 ] }, { "date": "2025-03-07", "close": 11.31518, "volume": 50269896, "typical_volume": 54916974.05, "trend": 11.942604, "fair_value": 11.121614, "relative_strength": -17.833236, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.937711, "energy": 29.625296, "activity_lines": [ 11.474193, 11.630386, 12.067124, 12.124653 ] }, { "date": "2025-03-14", "close": 12.071465, "volume": 53530387, "typical_volume": 54296178.75, "trend": 12.001898, "fair_value": 11.145675, "relative_strength": -13.018527, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.908142, "energy": 14.438722, "activity_lines": [ 11.685565, 11.66776, 12.049949, 12.132967 ] }, { "date": "2025-03-21", "close": 11.761194, "volume": 42621600, "typical_volume": 53963413.95, "trend": 12.052131, "fair_value": 11.168447, "relative_strength": -12.648385, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.922505, "energy": 8.875283, "activity_lines": [ 11.746327, 11.67111, 12.004147, 12.117437 ] }, { "date": "2025-03-28", "close": 11.596363, "volume": 44326612, "typical_volume": 52526598.3, "trend": 12.083416, "fair_value": 11.19028, "relative_strength": -12.757006, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.841361, "energy": 12.305632, "activity_lines": [ 11.721117, 11.648545, 11.943155, 12.088033 ] }, { "date": "2025-04-04", "close": 12.527174, "volume": 65730622, "typical_volume": 53111601.8, "trend": 12.151814, "fair_value": 11.220416, "relative_strength": -3.243427, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.986642, "energy": 15.079219, "activity_lines": [ 11.984201, 11.80844, 11.976814, 12.116662 ] }, { "date": "2025-04-11", "close": 12.565958, "volume": 148524740, "typical_volume": 58377545.0, "trend": 12.230154, "fair_value": 11.252727, "relative_strength": 2.789052, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.133588, "energy": 14.770243, "activity_lines": [ 12.221429, 11.964456, 12.011765, 12.143381 ] }, { "date": "2025-04-18", "close": 13.59373, "volume": 198519170, "typical_volume": 65984502.25, "trend": 12.356849, "fair_value": 11.290868, "relative_strength": 12.074129, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.585067, "energy": 38.588628, "activity_lines": [ 12.717862, 12.295882, 12.141599, 12.231354 ] }, { "date": "2025-04-25", "close": 13.118628, "volume": 114770291, "typical_volume": 68980783.45, "trend": 12.382382, "fair_value": 11.325204, "relative_strength": 6.947558, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.23953, "energy": 43.627784, "activity_lines": [ 12.954443, 12.500378, 12.222167, 12.280501 ] }, { "date": "2025-05-02", "close": 12.801967, "volume": 51160985, "typical_volume": 66759095.55, "trend": 12.3631, "fair_value": 11.35932, "relative_strength": 4.887731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.897352, "energy": 42.234902, "activity_lines": [ 12.994975, 12.614158, 12.269946, 12.307571 ] }, { "date": "2025-05-09", "close": 13.46636, "volume": 61813107, "typical_volume": 66936620.7, "trend": 12.387942, "fair_value": 11.394951, "relative_strength": 8.013473, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.676007, "energy": 52.597176, "activity_lines": [ 13.176598, 12.820822, 12.383801, 12.378749 ] }, { "date": "2025-05-16", "close": 13.793598, "volume": 71608315, "typical_volume": 66488330.1, "trend": 12.411087, "fair_value": 11.431303, "relative_strength": 10.076627, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.854974, "energy": 57.11366, "activity_lines": [ 13.404688, 13.05933, 12.528089, 12.469437 ] }, { "date": "2025-05-23", "close": 14.279498, "volume": 133307068, "typical_volume": 68641373.6, "trend": 12.478225, "fair_value": 11.479439, "relative_strength": 14.428349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.079742, "energy": 56.327195, "activity_lines": [ 13.712902, 13.341122, 12.716825, 12.589979 ] }, { "date": "2025-05-30", "close": 14.11092, "volume": 74879156, "typical_volume": 68589367.3, "trend": 12.552994, "fair_value": 11.525544, "relative_strength": 14.000708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.652555, "energy": 60.891276, "activity_lines": [ 13.919205, 13.552117, 12.884854, 12.695314 ] }, { "date": "2025-06-06", "close": 14.428243, "volume": 72712802, "typical_volume": 69457958.25, "trend": 12.605374, "fair_value": 11.573445, "relative_strength": 14.782605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.754137, "energy": 60.535137, "activity_lines": [ 14.16513, 13.778085, 13.072978, 12.816298 ] }, { "date": "2025-06-13", "close": 13.654771, "volume": 59974090, "typical_volume": 70516665.8, "trend": 12.659767, "fair_value": 11.616388, "relative_strength": 9.216512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.395367, "energy": 42.528304, "activity_lines": [ 14.044812, 13.811933, 13.177415, 12.884001 ] }, { "date": "2025-06-20", "close": 12.79205, "volume": 52020253, "typical_volume": 72749942.35, "trend": 12.688311, "fair_value": 11.655227, "relative_strength": 3.535656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.641295, "energy": 25.258863, "activity_lines": [ 13.62436, 13.668421, 13.191457, 12.892536 ] }, { "date": "2025-06-27", "close": 13.030043, "volume": 33822059, "typical_volume": 72718000.3, "trend": 12.69764, "fair_value": 11.690662, "relative_strength": 1.750737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.981958, "energy": 16.812743, "activity_lines": [ 13.350009, 13.564069, 13.224086, 12.914583 ] }, { "date": "2025-07-04", "close": 12.811883, "volume": 45758197, "typical_volume": 73211796.65, "trend": 12.705837, "fair_value": 11.724759, "relative_strength": -0.940168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.088628, "energy": 19.270386, "activity_lines": [ 13.086235, 13.430301, 13.228003, 12.921953 ] }, { "date": "2025-07-11", "close": 12.79205, "volume": 39405713, "typical_volume": 73527515.05, "trend": 12.685902, "fair_value": 11.758729, "relative_strength": -2.577744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.34461, "energy": 19.598826, "activity_lines": [ 12.902452, 13.298504, 13.222812, 12.927516 ] }, { "date": "2025-07-18", "close": 12.484645, "volume": 47475952, "typical_volume": 73111550.75, "trend": 12.658305, "fair_value": 11.787463, "relative_strength": -6.660793, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.602255, "energy": 14.781695, "activity_lines": [ 12.725281, 13.110995, 13.181081, 12.914531 ] }, { "date": "2025-07-25", "close": 12.752385, "volume": 55680126, "typical_volume": 73382062.25, "trend": 12.636401, "fair_value": 11.816785, "relative_strength": -6.773554, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.654905, "energy": 15.174375, "activity_lines": [ 12.715364, 12.990016, 13.162281, 12.920601 ] }, { "date": "2025-08-01", "close": 12.573892, "volume": 46905253, "typical_volume": 73050805.55, "trend": 12.612102, "fair_value": 11.845497, "relative_strength": -6.446503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.39114, "energy": 17.877229, "activity_lines": [ 12.648595, 12.855515, 13.119637, 12.916568 ] }, { "date": "2025-08-08", "close": 12.692887, "volume": 31769997, "typical_volume": 72508225.4, "trend": 12.635725, "fair_value": 11.878415, "relative_strength": -6.560426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.102238, "energy": 19.355201, "activity_lines": [ 12.6519, 12.77366, 13.085934, 12.92178 ] }, { "date": "2025-08-15", "close": 12.623472, "volume": 44204335, "typical_volume": 72502111.55, "trend": 12.645722, "fair_value": 11.909701, "relative_strength": -10.905664, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.800904, "energy": 15.987924, "activity_lines": [ 12.64, 12.704967, 13.041184, 12.92099 ] }, { "date": "2025-08-22", "close": 12.920962, "volume": 68475113, "typical_volume": 72639336.1, "trend": 12.678887, "fair_value": 11.940935, "relative_strength": -12.525054, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.269291, "energy": 12.84386, "activity_lines": [ 12.738502, 12.723177, 13.019875, 12.938747 ] }, { "date": "2025-08-29", "close": 12.425146, "volume": 96711709, "typical_volume": 70048684.55, "trend": 12.695201, "fair_value": 11.967803, "relative_strength": -19.011616, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.412774, "energy": 14.257624, "activity_lines": [ 12.642644, 12.66458, 12.94947, 12.922377 ] }, { "date": "2025-09-05", "close": 12.335899, "volume": 39851122, "typical_volume": 62115282.15, "trend": 12.727609, "fair_value": 11.985668, "relative_strength": -18.518876, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.659469, "energy": 27.276735, "activity_lines": [ 12.538853, 12.596428, 12.871236, 12.899196 ] }, { "date": "2025-09-12", "close": 12.266485, "volume": 26990464, "typical_volume": 57726290.8, "trend": 12.759965, "fair_value": 11.998636, "relative_strength": -20.649152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.429174, "energy": 40.963032, "activity_lines": [ 12.42779, 12.528276, 12.792381, 12.869446 ] }, { "date": "2025-09-19", "close": 12.107824, "volume": 18766683, "typical_volume": 56106575.7, "trend": 12.788003, "fair_value": 12.009518, "relative_strength": -22.196506, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.475779, "energy": 57.244006, "activity_lines": [ 12.292267, 12.441193, 12.702473, 12.827372 ] }, { "date": "2025-09-26", "close": 12.06, "volume": 18616223, "typical_volume": 53946731.5, "trend": 12.791822, "fair_value": 12.019084, "relative_strength": -22.834115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.060764, "energy": 68.736936, "activity_lines": [ 12.17518, 12.357854, 12.611316, 12.780404 ] }, { "date": "2025-10-03", "close": 12.01, "volume": 4576132, "typical_volume": 50595122.35, "trend": 12.814983, "fair_value": 12.031832, "relative_strength": -24.487989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.808231, "energy": 72.190625, "activity_lines": [ 12.098823, 12.273146, 12.522093, 12.729964 ] }, { "date": "2025-10-10", "close": 12.08, "volume": 6547596, "typical_volume": 44257148.75, "trend": 12.815268, "fair_value": 12.043664, "relative_strength": -22.619368, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.44867, "energy": 67.119551, "activity_lines": [ 12.073476, 12.214663, 12.448031, 12.682546 ] }, { "date": "2025-10-17", "close": 12.0, "volume": 19228684, "typical_volume": 41474625.15, "trend": 12.823228, "fair_value": 12.05338, "relative_strength": -18.667538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.912253, "energy": 60.096422, "activity_lines": [ 12.038522, 12.150615, 12.376824, 12.629948 ] }, { "date": "2025-10-24", "close": 11.85, "volume": 19165387, "typical_volume": 38797254.4, "trend": 12.831682, "fair_value": 12.057919, "relative_strength": -22.976516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.853829, "energy": 60.249862, "activity_lines": [ 11.971333, 12.071891, 12.301383, 12.567159 ] }, { "date": "2025-10-31", "close": 11.96, "volume": 18806667, "typical_volume": 36738883.25, "trend": 12.812777, "fair_value": 12.059719, "relative_strength": -22.468371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.042432, "energy": 47.395334, "activity_lines": [ 11.958, 12.027231, 12.248695, 12.510921 ] }, { "date": "2025-11-07", "close": 12.1, "volume": 21072684, "typical_volume": 35191504.8, "trend": 12.797245, "fair_value": 12.065504, "relative_strength": -21.3854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.865416, "energy": 42.372392, "activity_lines": [ 11.998, 12.025497, 12.217411, 12.464936 ] }, { "date": "2025-11-14", "close": 12.18, "volume": 34120903, "typical_volume": 35206447.0, "trend": 12.75012, "fair_value": 12.085101, "relative_strength": -19.474197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.110543, "energy": 31.622943, "activity_lines": [ 12.058667, 12.044221, 12.197042, 12.425114 ] }, { "date": "2025-11-21", "close": 11.49, "volume": 31424821, "typical_volume": 34489778.2, "trend": 12.695833, "fair_value": 12.09131, "relative_strength": -19.621887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.437241, "energy": 43.863355, "activity_lines": [ 11.882667, 11.940324, 12.115006, 12.343816 ] }, { "date": "2025-11-28", "close": 11.66, "volume": 16731707, "typical_volume": 33356077.9, "trend": 12.657767, "fair_value": 12.10045, "relative_strength": -20.829247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.975869, "energy": 47.228577, "activity_lines": [ 11.797333, 11.881455, 12.055455, 12.276988 ] }, { "date": "2025-12-05", "close": 11.61, "volume": 18003806, "typical_volume": 31882470.6, "trend": 12.595888, "fair_value": 12.10915, "relative_strength": -21.776461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.374824, "energy": 57.267581, "activity_lines": [ 11.708, 11.821636, 11.996533, 12.20939 ] }, { "date": "2025-12-12", "close": 11.32, "volume": 16703311, "typical_volume": 29933629.85, "trend": 12.513435, "fair_value": 12.112547, "relative_strength": -23.853096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.990321, "energy": 76.422239, "activity_lines": [ 11.545333, 11.717273, 11.914157, 12.127074 ] }, { "date": "2025-12-19", "close": 11.9, "volume": 27415165, "typical_volume": 28959125.45, "trend": 12.434119, "fair_value": 12.119247, "relative_strength": -18.751548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.980179, "energy": 50.150949, "activity_lines": [ 11.628, 11.730909, 11.89384, 12.087498 ] }, { "date": "2025-12-26", "close": 11.6, "volume": 22171562, "typical_volume": 28479203.7, "trend": 12.350421, "fair_value": 12.124796, "relative_strength": -22.960693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.042224, "energy": 43.909477, "activity_lines": [ 11.629333, 11.693273, 11.848161, 12.033684 ] }, { "date": "2026-01-02", "close": 11.39, "volume": 10105139, "typical_volume": 26774243.9, "trend": 12.249146, "fair_value": 12.126327, "relative_strength": -23.244833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.781716, "energy": 46.59065, "activity_lines": [ 11.553333, 11.624727, 11.787686, 11.971721 ] }, { "date": "2026-01-09", "close": 11.46, "volume": 19964582, "typical_volume": 24348717.35, "trend": 12.175987, "fair_value": 12.132462, "relative_strength": -25.490277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.778976, "energy": 39.630311, "activity_lines": [ 11.518667, 11.577273, 11.739751, 11.920809 ] }, { "date": "2026-01-16", "close": 11.58, "volume": 31436827, "typical_volume": 21084973.25, "trend": 12.135586, "fair_value": 12.136695, "relative_strength": -25.026482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.923691, "energy": 38.32323, "activity_lines": [ 11.534, 11.560727, 11.710202, 11.882358 ] }, { "date": "2026-01-23", "close": 11.75, "volume": 29469089, "typical_volume": 20565871.6, "trend": 12.092918, "fair_value": 12.142612, "relative_strength": -24.296967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.704958, "energy": 29.330012, "activity_lines": [ 11.588667, 11.584545, 11.700867, 11.857481 ] }, { "date": "2026-01-30", "close": 11.39, "volume": 27496475, "typical_volume": 20591172.15, "trend": 12.045522, "fair_value": 12.149249, "relative_strength": -24.907067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.970068, "energy": 33.443131, "activity_lines": [ 11.533333, 11.550727, 11.660037, 11.812132 ] }, { "date": "2026-02-06", "close": 11.51, "volume": 31450556, "typical_volume": 21225365.8, "trend": 12.002787, "fair_value": 12.157248, "relative_strength": -22.137378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.223512, "energy": 27.468368, "activity_lines": [ 11.532, 11.540545, 11.63481, 11.777582 ] }, { "date": "2026-02-13", "close": 11.3, "volume": 19163634, "typical_volume": 21252736.35, "trend": 11.963298, "fair_value": 12.149771, "relative_strength": -24.265055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.146268, "energy": 33.774942, "activity_lines": [ 11.452667, 11.494909, 11.592429, 11.732241 ] }, { "date": "2026-02-27", "close": 11.3, "volume": 12996397, "typical_volume": 21673749.6, "trend": 11.914886, "fair_value": 12.140989, "relative_strength": -25.99822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.818784, "energy": 49.533788, "activity_lines": [ 11.384, 11.454909, 11.553667, 11.689447 ] }, { "date": "2026-03-06", "close": 10.76, "volume": 22774797, "typical_volume": 22485109.65, "trend": 11.854423, "fair_value": 12.130585, "relative_strength": -27.445888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.902495, "energy": 70.424253, "activity_lines": [ 11.154, 11.317091, 11.466857, 11.614939 ] }, { "date": "2026-03-13", "close": 10.65, "volume": 13332219, "typical_volume": 22190286.4, "trend": 11.786326, "fair_value": 12.117517, "relative_strength": -28.339369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.810429, "energy": 82.128123, "activity_lines": [ 10.953333, 11.18, 11.375857, 11.537234 ] }, { "date": "2026-03-20", "close": 10.17, "volume": 14256112, "typical_volume": 21944822.65, "trend": 11.704544, "fair_value": 12.092881, "relative_strength": -29.043072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.273953, "energy": 91.583718, "activity_lines": [ 10.642, 10.972909, 11.245571, 11.432955 ] }, { "date": "2026-03-27", "close": 10.24, "volume": 15463566, "typical_volume": 21777667.6, "trend": 11.615178, "fair_value": 12.07012, "relative_strength": -27.524773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.84416, "energy": 91.974185, "activity_lines": [ 10.443333, 10.800727, 11.129952, 11.338468 ] }, { "date": "2026-04-03", "close": 10.033333, "volume": 16108519, "typical_volume": 21529459.35, "trend": 11.535451, "fair_value": 12.049655, "relative_strength": -26.348969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.611292, "energy": 91.593365, "activity_lines": [ 10.246444, 10.613151, 11.002841, 11.236414 ] }, { "date": "2026-04-10", "close": 10.091666, "volume": 13386731, "typical_volume": 20492750.75, "trend": 11.460644, "fair_value": 12.03188, "relative_strength": -30.210805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.26328, "energy": 87.243592, "activity_lines": [ 10.153444, 10.464303, 10.891127, 11.143266 ] }, { "date": "2026-04-17", "close": 10.081944, "volume": 10367043, "typical_volume": 19439861.85, "trend": 11.387826, "fair_value": 12.00668, "relative_strength": -32.201019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.329384, "energy": 74.777394, "activity_lines": [ 10.101759, 10.343838, 10.788431, 11.054318 ] }, { "date": "2026-04-24", "close": 10.966666, "volume": 39119349, "typical_volume": 20559243.95, "trend": 11.349787, "fair_value": 11.989111, "relative_strength": -25.583048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.323718, "energy": 49.030293, "activity_lines": [ 10.382851, 10.408015, 10.7767, 11.027146 ] }, { "date": "2026-05-01", "close": 10.956944, "volume": 20533211, "typical_volume": 20685714.2, "trend": 11.313018, "fair_value": 11.978604, "relative_strength": -25.605399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.40824, "energy": 29.096263, "activity_lines": [ 10.607592, 10.480303, 10.767344, 11.001802 ] }, { "date": "2026-05-08", "close": 10.956944, "volume": 11514379, "typical_volume": 20426267.6, "trend": 11.277917, "fair_value": 11.967444, "relative_strength": -26.937152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.772441, "energy": 27.180276, "activity_lines": [ 10.784537, 10.558828, 10.761098, 10.978829 ] }, { "date": "2026-05-15", "close": 10.63611, "volume": 21971693, "typical_volume": 20154094.0, "trend": 11.229787, "fair_value": 11.947349, "relative_strength": -28.138555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.487132, "energy": 28.721316, "activity_lines": [ 10.792962, 10.585257, 10.726025, 10.937422 ] }, { "date": "2026-05-22", "close": 10.568055, "volume": 25302330, "typical_volume": 20310632.4, "trend": 11.182055, "fair_value": 11.928205, "relative_strength": -27.773507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.297097, "energy": 22.369029, "activity_lines": [ 10.742407, 10.601565, 10.690489, 10.89473 ] }, { "date": "2026-05-29", "close": 10.519444, "volume": 20405925, "typical_volume": 20825671.7, "trend": 11.137704, "fair_value": 11.911646, "relative_strength": -26.903701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.049514, "energy": 19.297312, "activity_lines": [ 10.64324, 10.610525, 10.655238, 10.851981 ] }, { "date": "2026-06-05", "close": 10.63, "volume": 5247409, "typical_volume": 20089813.05, "trend": 11.09337, "fair_value": 11.895856, "relative_strength": -23.750628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.50262, "energy": 25.894717, "activity_lines": [ 10.61074, 10.633232, 10.634661, 10.819226 ] }, { "date": "2026-06-12", "close": 10.93, "volume": 5982399, "typical_volume": 18817091.65, "trend": 11.05437, "fair_value": 11.88567, "relative_strength": -18.577536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.648982, "energy": 14.473819, "activity_lines": [ 10.700037, 10.703394, 10.646608, 10.808686 ] }, { "date": "2026-06-19", "close": 9.7, "volume": 29613043, "typical_volume": 18824289.35, "trend": 10.971704, "fair_value": 11.869047, "relative_strength": -31.458225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.43857, "energy": 42.029705, "activity_lines": [ 10.38113, 10.533616, 10.544508, 10.721307 ] }, { "date": "2026-06-26", "close": 9.77, "volume": 4341409, "typical_volume": 17666536.05, "trend": 10.91437, "fair_value": 11.852028, "relative_strength": -28.854542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.339854, "energy": 63.303004, "activity_lines": [ 10.147963, 10.383687, 10.458836, 10.643778 ] }, { "date": "2026-07-03", "close": 10.24, "volume": 2943898, "typical_volume": 16241203.15, "trend": 10.867037, "fair_value": 11.836272, "relative_strength": -23.536722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.788686, "energy": 58.43686, "activity_lines": [ 10.124667, 10.324884, 10.42564, 10.60027 ] }, { "date": "2026-07-10", "close": 10.09, "volume": 16556489, "typical_volume": 16110845.9, "trend": 10.81637, "fair_value": 11.823899, "relative_strength": -20.926998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.94453, "energy": 62.289877, "activity_lines": [ 10.07, 10.25202, 10.384206, 10.550138 ] }, { "date": "2026-07-17", "close": 10.3, "volume": 32730140, "typical_volume": 17097533.05, "trend": 10.78237, "fair_value": 11.813959, "relative_strength": -10.489105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.582426, "energy": 38.354642, "activity_lines": [ 10.121333, 10.233101, 10.368534, 10.516824 ] }, { "date": "2026-07-24", "close": 9.92, "volume": 24675728, "typical_volume": 17192579.6, "trend": 10.71637, "fair_value": 11.801763, "relative_strength": -13.374874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.481737, "energy": 35.284285, "activity_lines": [ 10.088, 10.157035, 10.321434, 10.461187 ] }, { "date": "2026-07-31", "close": 10.86, "volume": 34426190, "typical_volume": 18247278.15, "trend": 10.691704, "fair_value": 11.802049, "relative_strength": -3.032037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.258983, "energy": 9.303124, "activity_lines": [ 10.353333, 10.264899, 10.367857, 10.470454 ] }, { "date": "2026-08-07", "close": 10.62, "volume": 22204724, "typical_volume": 18644708.75, "trend": 10.666037, "fair_value": 11.801521, "relative_strength": -9.174646, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.49352, "energy": 13.143831, "activity_lines": [ 10.466, 10.323818, 10.390423, 10.465828 ] } ], "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." } } }