{ "ticker": { "uuid": "33f0a1c6-8bef-4c2f-9848-d4529362a430", "symbol": "601007", "name": "Jinling Hotel Corporation, Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -45.882, "architecture_energy": 38.588, "architecture_maturity": 77.272, "architecture_confidence": 90.859, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 22.19, "rotation_up": 27.76, "upward_expansion": 19.31, "deceleration": 46.47, "rotation_down": 34.86, "downward_expansion": 66.98 }, "activity_lines": [ 6.448667, 6.376539, 6.635407, 6.965589 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 6.53, "trend_reference": 7.362045, "distance_from_trend": -0.113018, "trend_direction": "Weakening", "fair_value": 7.276653, "distance_from_fair_value": -0.102609, "fair_value_direction": "Weakening", "relative_strength": -12.450754, "relative_strength_direction": "Weakening", "price_momentum": -0.212304, "excess_performance": -0.1691, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.113018, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058355, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.102609, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.10679, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.124508, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006957, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.212304, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.348268, "read": "Supply-led" } ], "volume": { "latest": 26388707, "relative_activity": 0.597689, "balance": 0.348268, "dry_up": 0.690477, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.055856, "annualized_volatility": 0.24207, "from_high_reference": -0.280837, "from_low_reference": 0.090358 }, "levels": { "trend_reference": 7.362045, "fair_value_reference": 7.276653, "structural_low": 5.988857, "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": 24, "median_return": 0.01242, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.003648, "regime_survival": 0.791667, "best_return": 0.123209, "worst_return": -0.243147, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.03154, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.020263, "regime_survival": 0.5, "best_return": 0.282051, "worst_return": -0.13431, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.074556, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.009341, "regime_survival": 0.4, "best_return": 0.267166, "worst_return": -0.22276, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.06404, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.106235, "regime_survival": 0.333333, "best_return": 0.488224, "worst_return": -0.082235, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-02", "end": "2023-08-04", "tenure": "Developing", "return": 0.056533, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-11", "end": "2023-10-13", "tenure": "Developing", "return": -0.145494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2024-09-27", "tenure": "Extended", "return": -0.084521, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.040872, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.019259, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": 0.066142, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": 0.016153, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-10-17", "tenure": "Extended", "return": -0.110283, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": 0.02973, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-19", "tenure": "Developing", "return": 0.075738, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-27", "tenure": "Established", "return": 0.029114, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-05-15", "tenure": "Developing", "return": -0.097085, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.032624, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.008471, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.866135, "volume": 51298880, "typical_volume": 38483158.6, "trend": 9.366824, "fair_value": 7.156, "relative_strength": -2.890079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.51309, "energy": 22.860165, "activity_lines": [ 8.681685, 8.623264, 8.74513, 8.991513 ] }, { "date": "2023-08-04", "close": 9.323051, "volume": 272837146, "typical_volume": 50610509.6, "trend": 9.282843, "fair_value": 7.17716, "relative_strength": 1.479201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.402268, "energy": 14.202843, "activity_lines": [ 8.93029, 8.751796, 8.779158, 8.988688 ] }, { "date": "2023-08-11", "close": 8.953629, "volume": 93893144, "typical_volume": 53204612.55, "trend": 9.236853, "fair_value": 7.197305, "relative_strength": 0.225275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.577192, "energy": 16.940607, "activity_lines": [ 8.980201, 8.796401, 8.778374, 8.967449 ] }, { "date": "2023-08-18", "close": 8.632815, "volume": 81773742, "typical_volume": 54490732.25, "trend": 9.200355, "fair_value": 7.212874, "relative_strength": -1.84551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.199029, "energy": 16.040812, "activity_lines": [ 8.897244, 8.780322, 8.750448, 8.928479 ] }, { "date": "2023-08-25", "close": 8.321723, "volume": 42485932, "typical_volume": 53924773.45, "trend": 9.151885, "fair_value": 7.226495, "relative_strength": -3.509128, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.653412, "energy": 20.003629, "activity_lines": [ 8.700867, 8.712558, 8.697697, 8.871793 ] }, { "date": "2023-09-01", "close": 8.632815, "volume": 52443900, "typical_volume": 51508228.3, "trend": 9.122436, "fair_value": 7.240709, "relative_strength": -2.444174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.691493, "energy": 24.261084, "activity_lines": [ 8.638648, 8.711367, 8.681451, 8.838304 ] }, { "date": "2023-09-08", "close": 8.846691, "volume": 57844960, "typical_volume": 51780084.05, "trend": 9.073842, "fair_value": 7.258022, "relative_strength": 0.179544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.9486, "energy": 22.440076, "activity_lines": [ 8.663276, 8.742579, 8.693215, 8.820514 ] }, { "date": "2023-09-15", "close": 8.749475, "volume": 49024860, "typical_volume": 50721710.1, "trend": 9.029057, "fair_value": 7.274431, "relative_strength": -1.126413, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.625267, "energy": 19.512139, "activity_lines": [ 8.687256, 8.744172, 8.698863, 8.799587 ] }, { "date": "2023-09-22", "close": 8.37033, "volume": 69811373, "typical_volume": 53238162.55, "trend": 8.974197, "fair_value": 7.287617, "relative_strength": -5.972519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.100887, "energy": 22.200758, "activity_lines": [ 8.598465, 8.673469, 8.670817, 8.757089 ] }, { "date": "2023-09-29", "close": 8.42866, "volume": 23373824, "typical_volume": 52746649.3, "trend": 8.909747, "fair_value": 7.30211, "relative_strength": -4.643636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.011673, "energy": 25.434588, "activity_lines": [ 8.546616, 8.615493, 8.65003, 8.721893 ] }, { "date": "2023-10-13", "close": 7.650929, "volume": 38223850, "typical_volume": 53352599.8, "trend": 8.84084, "fair_value": 7.308677, "relative_strength": -12.666243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.403835, "energy": 60.189019, "activity_lines": [ 8.228394, 8.422474, 8.555318, 8.640679 ] }, { "date": "2023-10-20", "close": 7.339837, "volume": 20468053, "typical_volume": 53104676.75, "trend": 8.772137, "fair_value": 7.31661, "relative_strength": -13.248728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.077432, "energy": 76.463299, "activity_lines": [ 7.871934, 8.194988, 8.434963, 8.54384 ] }, { "date": "2023-10-27", "close": 7.660651, "volume": 23007573, "typical_volume": 52885232.4, "trend": 8.705156, "fair_value": 7.326974, "relative_strength": -10.67364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.408889, "energy": 74.237302, "activity_lines": [ 7.722869, 8.061889, 8.350215, 8.472131 ] }, { "date": "2023-11-03", "close": 7.505105, "volume": 25230888, "typical_volume": 52880369.75, "trend": 8.633951, "fair_value": 7.335873, "relative_strength": -12.943029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.593597, "energy": 76.8709, "activity_lines": [ 7.594544, 7.924019, 8.256195, 8.394709 ] }, { "date": "2023-11-10", "close": 7.602322, "volume": 21212402, "typical_volume": 52842984.9, "trend": 8.561822, "fair_value": 7.345909, "relative_strength": -11.883314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.741732, "energy": 78.238977, "activity_lines": [ 7.556306, 7.824328, 8.17808, 8.328152 ] }, { "date": "2023-11-17", "close": 7.660651, "volume": 18760780, "typical_volume": 52789248.7, "trend": 8.475936, "fair_value": 7.35674, "relative_strength": -11.365959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.617109, "energy": 65.77811, "activity_lines": [ 7.5926, 7.748323, 8.111569, 8.270012 ] }, { "date": "2023-11-24", "close": 8.039796, "volume": 40545776, "typical_volume": 53398275.85, "trend": 8.42704, "fair_value": 7.37084, "relative_strength": -6.268202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.320736, "energy": 41.666081, "activity_lines": [ 7.754627, 7.758928, 8.084097, 8.241874 ] }, { "date": "2023-12-01", "close": 8.632815, "volume": 123866166, "typical_volume": 58088792.35, "trend": 8.406243, "fair_value": 7.388323, "relative_strength": 0.928686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.724238, "energy": 14.91567, "activity_lines": [ 8.067664, 7.892026, 8.113818, 8.25515 ] }, { "date": "2023-12-08", "close": 8.030074, "volume": 117313077, "typical_volume": 63063828.3, "trend": 8.382976, "fair_value": 7.401894, "relative_strength": -4.231561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.514021, "energy": 21.227989, "activity_lines": [ 8.114976, 7.917656, 8.085811, 8.230881 ] }, { "date": "2023-12-15", "close": 8.321723, "volume": 81965883, "typical_volume": 65269110.45, "trend": 8.378403, "fair_value": 7.416635, "relative_strength": 0.245678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.05821, "energy": 19.21199, "activity_lines": [ 8.224507, 8.0025, 8.087755, 8.226929 ] }, { "date": "2023-12-22", "close": 7.903692, "volume": 37320701, "typical_volume": 64570201.5, "trend": 8.358934, "fair_value": 7.428697, "relative_strength": -3.696914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.024867, "energy": 19.448634, "activity_lines": [ 8.146733, 8.013282, 8.052063, 8.196302 ] }, { "date": "2023-12-29", "close": 7.855083, "volume": 25352301, "typical_volume": 52195959.25, "trend": 8.340729, "fair_value": 7.440213, "relative_strength": -5.893484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.16078, "energy": 16.333621, "activity_lines": [ 8.036554, 8.01063, 8.016324, 8.163796 ] }, { "date": "2024-01-05", "close": 7.981465, "volume": 28559751, "typical_volume": 48929289.6, "trend": 8.312638, "fair_value": 7.453333, "relative_strength": -2.610644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.31751, "energy": 15.567636, "activity_lines": [ 7.980817, 8.021589, 7.999612, 8.140617 ] }, { "date": "2024-01-12", "close": 8.156455, "volume": 72233519, "typical_volume": 48452278.45, "trend": 8.287817, "fair_value": 7.468835, "relative_strength": 1.85705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.657766, "energy": 16.014633, "activity_lines": [ 8.026833, 8.058531, 8.004195, 8.130541 ] }, { "date": "2024-01-19", "close": 7.962021, "volume": 83306150, "typical_volume": 50493289.35, "trend": 8.257476, "fair_value": 7.483605, "relative_strength": 1.497722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.701597, "energy": 15.733091, "activity_lines": [ 7.999612, 8.048279, 7.992529, 8.109522 ] }, { "date": "2024-01-26", "close": 7.650929, "volume": 49171661, "typical_volume": 50329677.4, "trend": 8.236631, "fair_value": 7.495773, "relative_strength": -4.805609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.166441, "energy": 21.098364, "activity_lines": [ 7.892674, 7.974925, 7.952948, 8.07039 ] }, { "date": "2024-02-02", "close": 6.328787, "volume": 43837200, "typical_volume": 49629289.4, "trend": 8.174598, "fair_value": 7.501053, "relative_strength": -15.6652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.422162, "energy": 62.057078, "activity_lines": [ 7.361873, 7.661358, 7.792125, 7.947303 ] }, { "date": "2024-02-09", "close": 6.17324, "volume": 49280237, "typical_volume": 49642058.25, "trend": 8.094884, "fair_value": 7.506503, "relative_strength": -21.214477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.788634, "energy": 74.089098, "activity_lines": [ 6.880975, 7.350619, 7.628477, 7.818183 ] }, { "date": "2024-02-23", "close": 6.532941, "volume": 48775090, "typical_volume": 48590244.1, "trend": 8.029749, "fair_value": 7.513745, "relative_strength": -19.924606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.141547, "energy": 73.581276, "activity_lines": [ 6.640527, 7.15, 7.511354, 7.717413 ] }, { "date": "2024-03-01", "close": 6.591271, "volume": 49621955, "typical_volume": 49902650.65, "trend": 7.956837, "fair_value": 7.521921, "relative_strength": -19.255443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.111437, "energy": 74.129921, "activity_lines": [ 6.527756, 6.987207, 7.408537, 7.624608 ] }, { "date": "2024-03-08", "close": 6.474611, "volume": 36596481, "typical_volume": 49821282.2, "trend": 7.87712, "fair_value": 7.52963, "relative_strength": -20.647295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.519875, "energy": 70.288357, "activity_lines": [ 6.467482, 6.834665, 7.303358, 7.52898 ] }, { "date": "2024-03-15", "close": 6.785704, "volume": 44629306, "typical_volume": 51029344.85, "trend": 7.792541, "fair_value": 7.538493, "relative_strength": -16.534754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.681694, "energy": 48.829443, "activity_lines": [ 6.589327, 6.76467, 7.233408, 7.458566 ] }, { "date": "2024-03-22", "close": 6.863477, "volume": 36206989, "typical_volume": 51689315.65, "trend": 7.72287, "fair_value": 7.546267, "relative_strength": -14.930052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.83746, "energy": 38.709389, "activity_lines": [ 6.706634, 6.728258, 7.173504, 7.398627 ] }, { "date": "2024-03-29", "close": 6.805147, "volume": 26930624, "typical_volume": 51774302.45, "trend": 7.661947, "fair_value": 7.553433, "relative_strength": -15.058714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.123533, "energy": 30.191219, "activity_lines": [ 6.758483, 6.701567, 7.111841, 7.339419 ] }, { "date": "2024-04-05", "close": 6.94125, "volume": 27023333, "typical_volume": 52064849.0, "trend": 7.615932, "fair_value": 7.561659, "relative_strength": -13.713217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.419926, "energy": 23.269951, "activity_lines": [ 6.837553, 6.724192, 7.066474, 7.292922 ] }, { "date": "2024-04-12", "close": 7.621765, "volume": 145787623, "typical_volume": 58416191.15, "trend": 7.58223, "fair_value": 7.57378, "relative_strength": -3.391535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.633652, "energy": 15.014066, "activity_lines": [ 7.120128, 6.889107, 7.089065, 7.293299 ] }, { "date": "2024-04-19", "close": 6.659322, "volume": 80347435, "typical_volume": 60406274.1, "trend": 7.509318, "fair_value": 7.579639, "relative_strength": -16.382496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.778791, "energy": 18.782551, "activity_lines": [ 7.005413, 6.879562, 7.02018, 7.233756 ] }, { "date": "2024-04-26", "close": 6.892642, "volume": 50271950, "typical_volume": 56726563.3, "trend": 7.447423, "fair_value": 7.586993, "relative_strength": -13.57359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.752101, "energy": 16.35828, "activity_lines": [ 6.976896, 6.906429, 6.98009, 7.193971 ] }, { "date": "2024-05-03", "close": 6.892642, "volume": 25855605, "typical_volume": 52153689.7, "trend": 7.398167, "fair_value": 7.59444, "relative_strength": -13.5997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.762488, "energy": 15.729946, "activity_lines": [ 6.946435, 6.920216, 6.948287, 7.158178 ] }, { "date": "2024-05-10", "close": 6.814869, "volume": 34567521, "typical_volume": 49783771.6, "trend": 7.344374, "fair_value": 7.600923, "relative_strength": -15.525858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.647194, "energy": 29.204257, "activity_lines": [ 6.884217, 6.913322, 6.914492, 7.120546 ] }, { "date": "2024-05-17", "close": 6.892642, "volume": 30115103, "typical_volume": 49423491.7, "trend": 7.319098, "fair_value": 7.606783, "relative_strength": -14.2691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.832086, "energy": 24.365503, "activity_lines": [ 6.856348, 6.916504, 6.895281, 7.091402 ] }, { "date": "2024-05-24", "close": 6.639879, "volume": 34283615, "typical_volume": 49870057.4, "trend": 7.295766, "fair_value": 7.611677, "relative_strength": -15.393055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.496387, "energy": 34.871572, "activity_lines": [ 6.792833, 6.866128, 6.856811, 7.047582 ] }, { "date": "2024-05-31", "close": 6.552384, "volume": 27488850, "typical_volume": 49816512.35, "trend": 7.258823, "fair_value": 7.611715, "relative_strength": -16.158934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.125122, "energy": 48.167351, "activity_lines": [ 6.701449, 6.802496, 6.815795, 6.999622 ] }, { "date": "2024-06-07", "close": 6.328787, "volume": 27608609, "typical_volume": 47585266.85, "trend": 7.219613, "fair_value": 7.614801, "relative_strength": -17.738861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.284601, "energy": 56.242372, "activity_lines": [ 6.558217, 6.703865, 6.760289, 6.939619 ] }, { "date": "2024-06-14", "close": 6.241292, "volume": 11891211, "typical_volume": 44014519.9, "trend": 7.174245, "fair_value": 7.615132, "relative_strength": -17.95567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.577918, "energy": 63.902974, "activity_lines": [ 6.423411, 6.597988, 6.705153, 6.876502 ] }, { "date": "2024-06-21", "close": 6.095467, "volume": 11141860, "typical_volume": 42113029.85, "trend": 7.122072, "fair_value": 7.614529, "relative_strength": -18.499911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.847646, "energy": 69.729886, "activity_lines": [ 6.278234, 6.478323, 6.644323, 6.806903 ] }, { "date": "2024-06-28", "close": 6.182962, "volume": 18007240, "typical_volume": 40821531.85, "trend": 7.060178, "fair_value": 7.615747, "relative_strength": -16.068211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.744845, "energy": 65.53499, "activity_lines": [ 6.215367, 6.402318, 6.599233, 6.746315 ] }, { "date": "2024-07-05", "close": 6.144076, "volume": 15156070, "typical_volume": 39115323.5, "trend": 6.97722, "fair_value": 7.616902, "relative_strength": -15.772487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.818967, "energy": 59.080028, "activity_lines": [ 6.17, 6.327903, 6.551135, 6.687212 ] }, { "date": "2024-07-12", "close": 6.303214, "volume": 16097070, "typical_volume": 37481422.5, "trend": 6.919658, "fair_value": 7.619311, "relative_strength": -13.920069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.26147, "energy": 46.730223, "activity_lines": [ 6.204899, 6.296033, 6.51833, 6.643728 ] }, { "date": "2024-07-19", "close": 6.204107, "volume": 11459581, "typical_volume": 35573303.8, "trend": 6.849071, "fair_value": 7.621131, "relative_strength": -15.190021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.686201, "energy": 44.316644, "activity_lines": [ 6.208467, 6.25686, 6.477182, 6.597563 ] }, { "date": "2024-07-26", "close": 6.114911, "volume": 10946470, "typical_volume": 34290803.25, "trend": 6.789445, "fair_value": 7.621492, "relative_strength": -13.422628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.910121, "energy": 44.584126, "activity_lines": [ 6.184783, 6.212575, 6.429382, 6.550198 ] }, { "date": "2024-08-02", "close": 6.332946, "volume": 18488351, "typical_volume": 32983755.5, "trend": 6.738707, "fair_value": 7.624278, "relative_strength": -10.363951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.195923, "energy": 31.891227, "activity_lines": [ 6.23248, 6.222072, 6.40406, 6.520747 ] }, { "date": "2024-08-09", "close": 6.412232, "volume": 29871651, "typical_volume": 32666988.6, "trend": 6.686399, "fair_value": 7.627479, "relative_strength": -7.532832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.529274, "energy": 26.177468, "activity_lines": [ 6.296607, 6.251566, 6.388445, 6.499684 ] }, { "date": "2024-08-16", "close": 6.223928, "volume": 15605902, "typical_volume": 32100752.5, "trend": 6.621982, "fair_value": 7.629427, "relative_strength": -10.305733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.937415, "energy": 24.461034, "activity_lines": [ 6.280089, 6.249372, 6.357045, 6.469847 ] }, { "date": "2024-08-23", "close": 6.075268, "volume": 13062420, "typical_volume": 31402706.85, "trend": 6.55909, "fair_value": 7.632469, "relative_strength": -11.198189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.237768, "energy": 31.521924, "activity_lines": [ 6.219303, 6.222054, 6.314254, 6.434575 ] }, { "date": "2024-08-30", "close": 6.24375, "volume": 13839288, "typical_volume": 24805290.1, "trend": 6.512184, "fair_value": 7.64001, "relative_strength": -7.931869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.081193, "energy": 27.587817, "activity_lines": [ 6.223268, 6.228389, 6.291634, 6.41423 ] }, { "date": "2024-09-06", "close": 6.214018, "volume": 15132143, "typical_volume": 21544525.5, "trend": 6.508358, "fair_value": 7.646933, "relative_strength": -5.481544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.259014, "energy": 31.140701, "activity_lines": [ 6.208732, 6.226621, 6.272743, 6.394994 ] }, { "date": "2024-09-13", "close": 6.075268, "volume": 19452237, "typical_volume": 20003539.85, "trend": 6.505092, "fair_value": 7.652967, "relative_strength": -5.092466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.816531, "energy": 37.893665, "activity_lines": [ 6.155875, 6.199062, 6.242759, 6.367053 ] }, { "date": "2024-09-20", "close": 6.144642, "volume": 10339360, "typical_volume": 19227727.6, "trend": 6.492149, "fair_value": 7.658774, "relative_strength": -4.697145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.395191, "energy": 30.60289, "activity_lines": [ 6.148607, 6.185367, 6.223275, 6.343798 ] }, { "date": "2024-09-27", "close": 6.719464, "volume": 40249329, "typical_volume": 19511818.0, "trend": 6.496422, "fair_value": 7.666861, "relative_strength": -7.142392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.741431, "energy": 5.140342, "activity_lines": [ 6.338232, 6.279068, 6.262097, 6.358463 ] }, { "date": "2024-10-04", "close": 7.274464, "volume": 28702686, "typical_volume": 19441197.15, "trend": 6.523084, "fair_value": 7.67759, "relative_strength": -6.597065, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.543792, "energy": 49.300905, "activity_lines": [ 6.66991, 6.464308, 6.35423, 6.40866 ] }, { "date": "2024-10-11", "close": 6.471696, "volume": 65384443, "typical_volume": 20996238.55, "trend": 6.512617, "fair_value": 7.681891, "relative_strength": -13.338913, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.517312, "energy": 26.900484, "activity_lines": [ 6.665285, 6.482508, 6.368091, 6.405344 ] }, { "date": "2024-10-18", "close": 6.52125, "volume": 31615534, "typical_volume": 21202572.75, "trend": 6.501209, "fair_value": 7.687914, "relative_strength": -13.506035, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.97738, "energy": 27.409457, "activity_lines": [ 6.66, 6.507195, 6.387473, 6.405901 ] }, { "date": "2024-10-25", "close": 6.679821, "volume": 35830907, "typical_volume": 21613687.65, "trend": 6.497032, "fair_value": 7.694465, "relative_strength": -12.107929, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.058213, "energy": 40.541979, "activity_lines": [ 6.677839, 6.55873, 6.422105, 6.417424 ] }, { "date": "2024-11-01", "close": 6.709553, "volume": 45556202, "typical_volume": 23296937.2, "trend": 6.489309, "fair_value": 7.701818, "relative_strength": -10.605539, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.661068, "energy": 19.368094, "activity_lines": [ 6.66991, 6.607383, 6.457897, 6.431135 ] }, { "date": "2024-11-08", "close": 7.105982, "volume": 67702216, "typical_volume": 26124955.0, "trend": 6.472116, "fair_value": 7.711162, "relative_strength": -9.952329, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.440147, "energy": 32.559227, "activity_lines": [ 6.794785, 6.716581, 6.529214, 6.470921 ] }, { "date": "2024-11-15", "close": 6.977143, "volume": 41864072, "typical_volume": 27317796.6, "trend": 6.48271, "fair_value": 7.719802, "relative_strength": -8.043114, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.191739, "energy": 51.627528, "activity_lines": [ 6.887946, 6.786677, 6.583449, 6.503503 ] }, { "date": "2024-11-22", "close": 6.689732, "volume": 34616273, "typical_volume": 28290806.75, "trend": 6.475946, "fair_value": 7.728797, "relative_strength": -9.76575, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.582164, "energy": 42.525089, "activity_lines": [ 6.851607, 6.790641, 6.606529, 6.51686 ] }, { "date": "2024-11-29", "close": 7.205089, "volume": 70071262, "typical_volume": 30989516.35, "trend": 6.486361, "fair_value": 7.741219, "relative_strength": -4.157714, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.331051, "energy": 57.699286, "activity_lines": [ 6.975821, 6.877135, 6.676093, 6.563901 ] }, { "date": "2024-12-06", "close": 7.442946, "volume": 62192612, "typical_volume": 33526167.9, "trend": 6.507297, "fair_value": 7.756753, "relative_strength": -2.70394, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.239073, "energy": 62.605874, "activity_lines": [ 7.144303, 6.987594, 6.764015, 6.625616 ] }, { "date": "2024-12-13", "close": 7.90875, "volume": 102034828, "typical_volume": 38080585.8, "trend": 6.541167, "fair_value": 7.774051, "relative_strength": 4.088726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.331269, "energy": 74.014018, "activity_lines": [ 7.419161, 7.169591, 6.8904, 6.716032 ] }, { "date": "2024-12-20", "close": 7.294286, "volume": 94586660, "typical_volume": 41885501.25, "trend": 6.562981, "fair_value": 7.786983, "relative_strength": -2.766853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.705582, "energy": 63.13822, "activity_lines": [ 7.435679, 7.228334, 6.949723, 6.764621 ] }, { "date": "2024-12-27", "close": 7.185267, "volume": 52933381, "typical_volume": 43038587.75, "trend": 6.584077, "fair_value": 7.799705, "relative_strength": -4.630852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.992687, "energy": 51.703114, "activity_lines": [ 7.394714, 7.2523, 6.994085, 6.804768 ] }, { "date": "2025-01-03", "close": 6.560893, "volume": 44490300, "typical_volume": 44482807.65, "trend": 6.591814, "fair_value": 7.808486, "relative_strength": -7.320377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.987776, "energy": 22.582723, "activity_lines": [ 7.112589, 7.15067, 6.975302, 6.803272 ] }, { "date": "2025-01-10", "close": 6.293303, "volume": 40162930, "typical_volume": 45837833.15, "trend": 6.593548, "fair_value": 7.815551, "relative_strength": -9.312186, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.343006, "energy": 15.285619, "activity_lines": [ 6.784214, 7.00255, 6.92943, 6.784014 ] }, { "date": "2025-01-17", "close": 6.630268, "volume": 37627293, "typical_volume": 47027233.4, "trend": 6.611374, "fair_value": 7.823982, "relative_strength": -5.968598, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.433306, "energy": 24.192709, "activity_lines": [ 6.644803, 6.923264, 6.914611, 6.786383 ] }, { "date": "2025-01-24", "close": 6.560893, "volume": 26037872, "typical_volume": 47572519.85, "trend": 6.623972, "fair_value": 7.831908, "relative_strength": -6.605883, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.035432, "energy": 28.292747, "activity_lines": [ 6.5675, 6.840014, 6.891344, 6.783126 ] }, { "date": "2025-01-31", "close": 6.600535, "volume": 6285800, "typical_volume": 46914198.0, "trend": 6.639187, "fair_value": 7.839294, "relative_strength": -5.479406, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.578286, "energy": 26.377419, "activity_lines": [ 6.552303, 6.77154, 6.870201, 6.781614 ] }, { "date": "2025-02-07", "close": 6.610446, "volume": 15756730, "typical_volume": 47185066.5, "trend": 6.649428, "fair_value": 7.84595, "relative_strength": -6.592817, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.70993, "energy": 24.372221, "activity_lines": [ 6.579393, 6.70649, 6.847501, 6.77976 ] }, { "date": "2025-02-14", "close": 6.699643, "volume": 25706627, "typical_volume": 46457931.4, "trend": 6.665946, "fair_value": 7.840477, "relative_strength": -6.422543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.447085, "energy": 13.774477, "activity_lines": [ 6.632911, 6.668469, 6.831078, 6.782999 ] }, { "date": "2025-02-21", "close": 6.630268, "volume": 22867170, "typical_volume": 46166155.6, "trend": 6.683125, "fair_value": 7.840117, "relative_strength": -8.104082, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.787735, "energy": 8.088565, "activity_lines": [ 6.636214, 6.631349, 6.808141, 6.780697 ] }, { "date": "2025-02-28", "close": 6.709553, "volume": 29658010, "typical_volume": 44379833.95, "trend": 6.695678, "fair_value": 7.845698, "relative_strength": -5.24091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.029889, "energy": 5.076668, "activity_lines": [ 6.665946, 6.631889, 6.795824, 6.782402 ] }, { "date": "2025-03-07", "close": 6.749196, "volume": 24763477, "typical_volume": 44037231.1, "trend": 6.706911, "fair_value": 7.847504, "relative_strength": -6.035382, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.130249, "energy": 4.084096, "activity_lines": [ 6.698982, 6.650269, 6.786149, 6.785855 ] }, { "date": "2025-03-14", "close": 7.046518, "volume": 40856830, "typical_volume": 44288527.25, "trend": 6.73433, "fair_value": 7.852681, "relative_strength": -3.104127, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.985717, "energy": 11.705542, "activity_lines": [ 6.821214, 6.730636, 6.803705, 6.807765 ] }, { "date": "2025-03-21", "close": 6.917678, "volume": 41820827, "typical_volume": 44101758.5, "trend": 6.762411, "fair_value": 7.857521, "relative_strength": -3.156991, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.889515, "energy": 21.596931, "activity_lines": [ 6.871428, 6.778748, 6.807245, 6.819594 ] }, { "date": "2025-03-28", "close": 6.858214, "volume": 54254070, "typical_volume": 43429351.2, "trend": 6.782893, "fair_value": 7.858743, "relative_strength": -3.434704, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.975672, "energy": 24.707598, "activity_lines": [ 6.887285, 6.804696, 6.80413, 6.825775 ] }, { "date": "2025-04-04", "close": 6.957321, "volume": 34216962, "typical_volume": 43046995.7, "trend": 6.807669, "fair_value": 7.861944, "relative_strength": -1.606208, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.174699, "energy": 32.348558, "activity_lines": [ 6.920982, 6.844519, 6.811634, 6.837029 ] }, { "date": "2025-04-11", "close": 6.858214, "volume": 66868432, "typical_volume": 44659603.65, "trend": 6.833768, "fair_value": 7.864021, "relative_strength": 0.471697, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.765012, "energy": 17.077119, "activity_lines": [ 6.905125, 6.859115, 6.809793, 6.84029 ] }, { "date": "2025-04-18", "close": 8.0475, "volume": 244586638, "typical_volume": 53385372.45, "trend": 6.897196, "fair_value": 7.872196, "relative_strength": 16.208735, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.41486, "energy": 64.477487, "activity_lines": [ 7.278428, 7.085259, 6.920416, 6.918595 ] }, { "date": "2025-04-25", "close": 7.413214, "volume": 320501069, "typical_volume": 66300795.3, "trend": 6.920321, "fair_value": 7.872824, "relative_strength": 6.436306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.311857, "energy": 56.486443, "activity_lines": [ 7.373571, 7.169951, 6.966618, 6.951886 ] }, { "date": "2025-05-02", "close": 6.858214, "volume": 75031888, "typical_volume": 64950648.3, "trend": 6.906446, "fair_value": 7.866597, "relative_strength": -0.93508, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.846025, "energy": 37.116005, "activity_lines": [ 7.250678, 7.140759, 6.960106, 6.947879 ] }, { "date": "2025-05-09", "close": 6.9375, "volume": 73862459, "typical_volume": 63914438.25, "trend": 6.921973, "fair_value": 7.855506, "relative_strength": -1.602204, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.468039, "energy": 30.823634, "activity_lines": [ 7.154214, 7.121839, 6.966146, 6.949883 ] }, { "date": "2025-05-16", "close": 7.205089, "volume": 99878780, "typical_volume": 66261708.2, "trend": 6.944768, "fair_value": 7.849793, "relative_strength": 1.4627, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.564357, "energy": 18.920243, "activity_lines": [ 7.148268, 7.147427, 6.999371, 6.968148 ] }, { "date": "2025-05-23", "close": 7.036607, "volume": 80776302, "typical_volume": 68076008.3, "trend": 6.95666, "fair_value": 7.842451, "relative_strength": -0.301199, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.695549, "energy": 15.966099, "activity_lines": [ 7.063036, 7.134092, 7.016455, 6.974074 ] }, { "date": "2025-05-30", "close": 7.096071, "volume": 48596470, "typical_volume": 68497685.3, "trend": 6.969544, "fair_value": 7.83781, "relative_strength": 0.570547, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.059049, "energy": 13.281719, "activity_lines": [ 7.065018, 7.13175, 7.036937, 6.983068 ] }, { "date": "2025-06-06", "close": 7.938482, "volume": 208360885, "typical_volume": 77034364.9, "trend": 6.997294, "fair_value": 7.830082, "relative_strength": 10.976991, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.292709, "energy": 36.116889, "activity_lines": [ 7.368946, 7.279329, 7.133826, 7.04558 ] }, { "date": "2025-06-13", "close": 7.91866, "volume": 285707875, "typical_volume": 90017865.05, "trend": 7.028678, "fair_value": 7.825463, "relative_strength": 10.685042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.21492, "energy": 48.848637, "activity_lines": [ 7.59425, 7.403664, 7.222598, 7.105023 ] }, { "date": "2025-06-20", "close": 7.215, "volume": 107864726, "typical_volume": 95096811.35, "trend": 7.046187, "fair_value": 7.81609, "relative_strength": 1.257695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.311014, "energy": 41.009231, "activity_lines": [ 7.519589, 7.382581, 7.237889, 7.117044 ] }, { "date": "2025-06-27", "close": 7.571785, "volume": 102470082, "typical_volume": 99432478.95, "trend": 7.05841, "fair_value": 7.806683, "relative_strength": 4.147981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.750271, "energy": 42.28062, "activity_lines": [ 7.563196, 7.419881, 7.284233, 7.150953 ] }, { "date": "2025-07-04", "close": 7.581697, "volume": 96795210, "typical_volume": 102986908.1, "trend": 7.063035, "fair_value": 7.794714, "relative_strength": 2.746269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.007162, "energy": 28.848079, "activity_lines": [ 7.574428, 7.467633, 7.326944, 7.184713 ] }, { "date": "2025-07-11", "close": 7.63, "volume": 89095464, "typical_volume": 106298322.8, "trend": 7.053744, "fair_value": 7.783483, "relative_strength": 2.237272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.424423, "energy": 25.148273, "activity_lines": [ 7.569387, 7.521104, 7.370054, 7.221292 ] }, { "date": "2025-07-18", "close": 7.54, "volume": 48997351, "typical_volume": 107265289.85, "trend": 7.061934, "fair_value": 7.772285, "relative_strength": 0.288511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.906285, "energy": 27.248484, "activity_lines": [ 7.554911, 7.544178, 7.399833, 7.252663 ] }, { "date": "2025-07-25", "close": 7.68, "volume": 69306781, "typical_volume": 109492455.05, "trend": 7.078425, "fair_value": 7.760091, "relative_strength": 0.448787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.162817, "energy": 33.62463, "activity_lines": [ 7.612345, 7.581753, 7.43899, 7.292538 ] }, { "date": "2025-08-01", "close": 7.63, "volume": 75872331, "typical_volume": 111243230.1, "trend": 7.114062, "fair_value": 7.750996, "relative_strength": 0.772835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.460148, "energy": 32.217034, "activity_lines": [ 7.622113, 7.601602, 7.468953, 7.328124 ] }, { "date": "2025-08-08", "close": 7.63, "volume": 42690248, "typical_volume": 111286701.15, "trend": 7.158619, "fair_value": 7.744833, "relative_strength": -1.184892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.433488, "energy": 30.513568, "activity_lines": [ 7.628, 7.610662, 7.496138, 7.36141 ] }, { "date": "2025-08-15", "close": 7.63, "volume": 55887096, "typical_volume": 111368352.45, "trend": 7.191943, "fair_value": 7.742027, "relative_strength": -2.746726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.210067, "energy": 26.624697, "activity_lines": [ 7.630667, 7.610015, 7.51993, 7.391822 ] }, { "date": "2025-08-22", "close": 7.9, "volume": 81749579, "typical_volume": 113744983.3, "trend": 7.23658, "fair_value": 7.741771, "relative_strength": -2.644267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.069559, "energy": 31.303238, "activity_lines": [ 7.723333, 7.664067, 7.565762, 7.437503 ] }, { "date": "2025-08-29", "close": 7.83, "volume": 76413237, "typical_volume": 114222223.55, "trend": 7.277562, "fair_value": 7.742546, "relative_strength": -4.166204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.771148, "energy": 30.849137, "activity_lines": [ 7.768667, 7.705731, 7.600438, 7.475788 ] }, { "date": "2025-09-05", "close": 8.2, "volume": 136312339, "typical_volume": 108808508.6, "trend": 7.330547, "fair_value": 7.745138, "relative_strength": 1.646346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.868963, "energy": 55.7471, "activity_lines": [ 7.927333, 7.803485, 7.665724, 7.5353 ] }, { "date": "2025-09-12", "close": 8.07, "volume": 108902011, "typical_volume": 98228555.7, "trend": 7.376226, "fair_value": 7.749731, "relative_strength": -1.321231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.195841, "energy": 62.041526, "activity_lines": [ 8.004667, 7.866182, 7.717904, 7.583007 ] }, { "date": "2025-09-19", "close": 8.06, "volume": 115170630, "typical_volume": 100235492.8, "trend": 7.423884, "fair_value": 7.75235, "relative_strength": -0.017297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.265796, "energy": 59.98501, "activity_lines": [ 8.049333, 7.918182, 7.766003, 7.627121 ] }, { "date": "2025-09-26", "close": 7.38, "volume": 66789282, "typical_volume": 99881833.95, "trend": 7.446232, "fair_value": 7.74759, "relative_strength": -8.436949, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.563799, "energy": 23.081154, "activity_lines": [ 7.838667, 7.838727, 7.743618, 7.62429 ] }, { "date": "2025-10-03", "close": 7.34, "volume": 15065045, "typical_volume": 95641147.2, "trend": 7.465925, "fair_value": 7.742636, "relative_strength": -9.977142, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.559758, "energy": 11.636881, "activity_lines": [ 7.649333, 7.754909, 7.715316, 7.617436 ] }, { "date": "2025-10-10", "close": 7.24, "volume": 16029490, "typical_volume": 92403806.6, "trend": 7.472375, "fair_value": 7.734576, "relative_strength": -11.403843, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -22.75809, "energy": 26.234189, "activity_lines": [ 7.459333, 7.659091, 7.676848, 7.602861 ] }, { "date": "2025-10-17", "close": 7.16, "volume": 33320507, "typical_volume": 91640008.45, "trend": 7.480452, "fair_value": 7.726434, "relative_strength": -10.965919, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -28.071069, "energy": 36.254728, "activity_lines": [ 7.306667, 7.555818, 7.629793, 7.582707 ] }, { "date": "2025-10-24", "close": 7.4, "volume": 34630250, "typical_volume": 82953476.7, "trend": 7.498512, "fair_value": 7.725562, "relative_strength": -10.432582, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.112612, "energy": 42.773671, "activity_lines": [ 7.294667, 7.504727, 7.60529, 7.577517 ] }, { "date": "2025-10-31", "close": 7.46, "volume": 31624179, "typical_volume": 70249291.9, "trend": 7.515268, "fair_value": 7.729079, "relative_strength": -9.672166, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.76684, "energy": 39.052269, "activity_lines": [ 7.346667, 7.468727, 7.589065, 7.575032 ] }, { "date": "2025-11-07", "close": 7.62, "volume": 39704599, "typical_volume": 66841285.55, "trend": 7.540661, "fair_value": 7.732328, "relative_strength": -8.593805, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.591653, "energy": 13.023389, "activity_lines": [ 7.446667, 7.469818, 7.590263, 7.581789 ] }, { "date": "2025-11-14", "close": 7.79, "volume": 51724341, "typical_volume": 64303998.5, "trend": 7.532077, "fair_value": 7.730196, "relative_strength": -6.265845, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.014436, "energy": 13.935198, "activity_lines": [ 7.584667, 7.505636, 7.605722, 7.597876 ] }, { "date": "2025-11-21", "close": 7.38, "volume": 56909037, "typical_volume": 62309689.85, "trend": 7.53097, "fair_value": 7.718659, "relative_strength": -7.490962, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.303388, "energy": 9.320842, "activity_lines": [ 7.549333, 7.474364, 7.581095, 7.588064 ] }, { "date": "2025-11-28", "close": 7.79, "volume": 44444764, "typical_volume": 60077154.85, "trend": 7.56203, "fair_value": 7.706915, "relative_strength": -3.555119, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.708233, "energy": 14.924028, "activity_lines": [ 7.636, 7.530182, 7.596476, 7.604776 ] }, { "date": "2025-12-05", "close": 7.64, "volume": 54698709, "typical_volume": 60362222.75, "trend": 7.585446, "fair_value": 7.700125, "relative_strength": -5.556492, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.89634, "energy": 10.575454, "activity_lines": [ 7.646667, 7.563636, 7.59681, 7.609806 ] }, { "date": "2025-12-12", "close": 7.64, "volume": 115647947, "typical_volume": 62679281.05, "trend": 7.599943, "fair_value": 7.697649, "relative_strength": -4.905504, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.79216, "energy": 5.960402, "activity_lines": [ 7.645333, 7.592364, 7.596667, 7.613326 ] }, { "date": "2025-12-19", "close": 8.38, "volume": 121215519, "typical_volume": 64946440.45, "trend": 7.644723, "fair_value": 7.691535, "relative_strength": 4.287055, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.352116, "energy": 54.798989, "activity_lines": [ 7.889333, 7.750182, 7.66719, 7.663652 ] }, { "date": "2025-12-26", "close": 7.9, "volume": 81138683, "typical_volume": 66868862.2, "trend": 7.671521, "fair_value": 7.68062, "relative_strength": -3.39477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.143065, "energy": 50.08917, "activity_lines": [ 7.934, 7.8, 7.688429, 7.680121 ] }, { "date": "2026-01-02", "close": 7.81, "volume": 28733180, "typical_volume": 65511166.4, "trend": 7.667238, "fair_value": 7.666602, "relative_strength": -4.55267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.668971, "energy": 47.857079, "activity_lines": [ 7.914, 7.82, 7.69981, 7.689055 ] }, { "date": "2026-01-09", "close": 7.8, "volume": 59580462, "typical_volume": 64402710.55, "trend": 7.663283, "fair_value": 7.655353, "relative_strength": -8.101904, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.32867, "energy": 45.237626, "activity_lines": [ 7.889333, 7.830727, 7.709381, 7.697621 ] }, { "date": "2026-01-16", "close": 7.82, "volume": 70845973, "typical_volume": 64124347.35, "trend": 7.683449, "fair_value": 7.629568, "relative_strength": -7.330368, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.360609, "energy": 21.722019, "activity_lines": [ 7.860667, 7.838909, 7.721333, 7.707732 ] }, { "date": "2026-01-23", "close": 8.17, "volume": 74521285, "typical_volume": 61034794.65, "trend": 7.70339, "fair_value": 7.615701, "relative_strength": -3.946906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.809274, "energy": 29.355896, "activity_lines": [ 7.936667, 7.907091, 7.766667, 7.739122 ] }, { "date": "2026-01-30", "close": 8.29, "volume": 64946785, "typical_volume": 58837033.35, "trend": 7.727, "fair_value": 7.606484, "relative_strength": -2.089006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.265271, "energy": 39.423, "activity_lines": [ 8.066667, 7.990182, 7.823571, 7.776968 ] }, { "date": "2026-02-06", "close": 8.35, "volume": 67183777, "typical_volume": 56437690.7, "trend": 7.751, "fair_value": 7.597344, "relative_strength": -0.159512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.138683, "energy": 53.929987, "activity_lines": [ 8.190667, 8.067636, 7.885143, 7.817161 ] }, { "date": "2026-02-13", "close": 8.27, "volume": 53071820, "typical_volume": 55751817.6, "trend": 7.775333, "fair_value": 7.589355, "relative_strength": -1.537686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.295386, "energy": 57.285999, "activity_lines": [ 8.252, 8.120364, 7.937714, 7.850645 ] }, { "date": "2026-02-27", "close": 8.16, "volume": 34637917, "typical_volume": 56730461.2, "trend": 7.791333, "fair_value": 7.575609, "relative_strength": -4.731485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.564117, "energy": 52.550277, "activity_lines": [ 8.245333, 8.141636, 7.975571, 7.875462 ] }, { "date": "2026-03-06", "close": 8.0, "volume": 39562803, "typical_volume": 57907126.85, "trend": 7.803667, "fair_value": 7.562192, "relative_strength": -5.652249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.424601, "energy": 31.72698, "activity_lines": [ 8.162667, 8.124364, 7.994286, 7.888925 ] }, { "date": "2026-03-13", "close": 8.05, "volume": 32230789, "typical_volume": 57852640.95, "trend": 7.817667, "fair_value": 7.549588, "relative_strength": -4.364349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.447274, "energy": 20.945135, "activity_lines": [ 8.108, 8.123091, 8.014143, 7.904817 ] }, { "date": "2026-03-20", "close": 7.97, "volume": 39352036, "typical_volume": 58088730.25, "trend": 7.829, "fair_value": 7.534254, "relative_strength": -1.960541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.227939, "energy": 16.753117, "activity_lines": [ 8.042667, 8.104545, 8.022143, 7.914645 ] }, { "date": "2026-03-27", "close": 8.13, "volume": 71813251, "typical_volume": 60098183.85, "trend": 7.836667, "fair_value": 7.524073, "relative_strength": 1.094535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.571197, "energy": 16.724267, "activity_lines": [ 8.056, 8.112182, 8.042667, 7.934065 ] }, { "date": "2026-04-03", "close": 7.89, "volume": 89216210, "typical_volume": 62573764.4, "trend": 7.838667, "fair_value": 7.514388, "relative_strength": -1.027506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.348776, "energy": 13.487392, "activity_lines": [ 7.998667, 8.070182, 8.037143, 7.937505 ] }, { "date": "2026-04-10", "close": 8.15, "volume": 68738420, "typical_volume": 63424468.35, "trend": 7.837, "fair_value": 7.504644, "relative_strength": -0.453207, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.976857, "energy": 14.283872, "activity_lines": [ 8.046, 8.074182, 8.055095, 7.957591 ] }, { "date": "2026-04-17", "close": 8.12, "volume": 97015330, "typical_volume": 65429783.0, "trend": 7.838667, "fair_value": 7.494892, "relative_strength": -2.311794, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.547214, "energy": 18.581948, "activity_lines": [ 8.073333, 8.073091, 8.068476, 7.975849 ] }, { "date": "2026-04-24", "close": 8.28, "volume": 136997499, "typical_volume": 70057419.75, "trend": 7.846, "fair_value": 7.485365, "relative_strength": -0.685109, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.350138, "energy": 22.30221, "activity_lines": [ 8.149333, 8.104182, 8.093571, 8.004323 ] }, { "date": "2026-05-01", "close": 7.505643, "volume": 92236725, "typical_volume": 71934320.55, "trend": 7.850188, "fair_value": 7.467855, "relative_strength": -10.321107, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.504365, "energy": 3.328964, "activity_lines": [ 7.946548, 7.995753, 8.042585, 7.982364 ] }, { "date": "2026-05-08", "close": 7.486072, "volume": 37232744, "typical_volume": 68013560.4, "trend": 7.855057, "fair_value": 7.454903, "relative_strength": -11.755009, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.37604, "energy": 22.43289, "activity_lines": [ 7.778862, 7.897664, 7.990375, 7.958873 ] }, { "date": "2026-05-15", "close": 7.124, "volume": 42583203, "typical_volume": 64081944.6, "trend": 7.851191, "fair_value": 7.441231, "relative_strength": -14.833115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.681973, "energy": 49.091748, "activity_lines": [ 7.517414, 7.745996, 7.904414, 7.911708 ] }, { "date": "2026-05-22", "close": 6.898929, "volume": 31851320, "typical_volume": 61617576.45, "trend": 7.842488, "fair_value": 7.429506, "relative_strength": -16.706784, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.772686, "energy": 64.027008, "activity_lines": [ 7.249343, 7.569334, 7.802999, 7.850271 ] }, { "date": "2026-05-29", "close": 6.673857, "volume": 29539455, "typical_volume": 61657890.2, "trend": 7.818283, "fair_value": 7.418063, "relative_strength": -18.185942, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.151432, "energy": 79.712979, "activity_lines": [ 6.987653, 7.372678, 7.684916, 7.774876 ] }, { "date": "2026-06-05", "close": 6.585786, "volume": 6207163, "typical_volume": 58989225.25, "trend": 7.789143, "fair_value": 7.405871, "relative_strength": -18.066191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.781981, "energy": 83.259003, "activity_lines": [ 6.803681, 7.183575, 7.563855, 7.69536 ] }, { "date": "2026-06-12", "close": 6.576, "volume": 7933173, "typical_volume": 55843585.25, "trend": 7.754343, "fair_value": 7.394171, "relative_strength": -17.69848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.164506, "energy": 82.409388, "activity_lines": [ 6.677772, 7.02077, 7.447644, 7.617093 ] }, { "date": "2026-06-19", "close": 6.282429, "volume": 19850152, "typical_volume": 53110028.6, "trend": 7.704091, "fair_value": 7.377878, "relative_strength": -21.892996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.924875, "energy": 84.601679, "activity_lines": [ 6.514676, 6.828479, 7.309398, 7.522131 ] }, { "date": "2026-06-26", "close": 5.998643, "volume": 4814280, "typical_volume": 50103403.35, "trend": 7.658045, "fair_value": 7.359272, "relative_strength": -23.760005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.408838, "energy": 91.09366, "activity_lines": [ 6.313091, 6.618547, 7.153113, 7.412102 ] }, { "date": "2026-07-03", "close": 6.31, "volume": 4070470, "typical_volume": 46947738.0, "trend": 7.608712, "fair_value": 7.342848, "relative_strength": -19.612697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.147793, "energy": 84.154021, "activity_lines": [ 6.27531, 6.503795, 7.037392, 7.325131 ] }, { "date": "2026-07-10", "close": 6.23, "volume": 20984279, "typical_volume": 45343360.95, "trend": 7.561712, "fair_value": 7.32973, "relative_strength": -19.188914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.283612, "energy": 82.391473, "activity_lines": [ 6.235119, 6.410316, 6.923766, 7.236182 ] }, { "date": "2026-07-17", "close": 6.4, "volume": 24638299, "typical_volume": 44843380.05, "trend": 7.520379, "fair_value": 7.318257, "relative_strength": -11.449118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.493775, "energy": 68.802824, "activity_lines": [ 6.275314, 6.370939, 6.836046, 7.161233 ] }, { "date": "2026-07-24", "close": 6.19, "volume": 24772281, "typical_volume": 44103853.95, "trend": 7.447379, "fair_value": 7.303035, "relative_strength": -15.044098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.262421, "energy": 62.126198, "activity_lines": [ 6.257243, 6.313127, 6.736706, 7.075402 ] }, { "date": "2026-07-31", "close": 6.62, "volume": 46142371, "typical_volume": 44799433.05, "trend": 7.404712, "fair_value": 7.291067, "relative_strength": -9.196265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.749085, "energy": 48.317994, "activity_lines": [ 6.388667, 6.350479, 6.686938, 7.022023 ] }, { "date": "2026-08-07", "close": 6.53, "volume": 26388707, "typical_volume": 44151266.6, "trend": 7.362045, "fair_value": 7.276653, "relative_strength": -12.450754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.881976, "energy": 38.587937, "activity_lines": [ 6.448667, 6.376539, 6.635407, 6.965589 ] } ], "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." } } }