{ "ticker": { "uuid": "38133d01-9748-48b6-a743-02a95be341f0", "symbol": "002806", "name": "Guangdong Huafeng New Energy Technology 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.92, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.37, "architecture_energy": 45.007, "architecture_maturity": 9.818, "architecture_confidence": 68.913, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 31.43, "rotation_up": 14.07, "upward_expansion": 20.45, "deceleration": 56.95, "rotation_down": 69.61, "downward_expansion": 47.79 }, "activity_lines": [ 13.145333, 15.006727, 15.82581, 15.656323 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.79, "trend_reference": 15.283667, "distance_from_trend": -0.09773, "trend_direction": "Improving", "fair_value": 12.047436, "distance_from_fair_value": 0.144642, "fair_value_direction": "Weakening", "relative_strength": -4.955061, "relative_strength_direction": "Improving", "price_momentum": 0.0, "excess_performance": -0.0074, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.09773, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.079228, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.144642, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.133006, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.049551, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.022329, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.0, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.067637, "read": "Demand-led" } ], "volume": { "latest": 37718435, "relative_activity": 0.670504, "balance": 2.067637, "dry_up": 0.857149, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.183076, "annualized_volatility": 0.725904, "from_high_reference": -0.378269, "from_low_reference": 0.237882 }, "levels": { "trend_reference": 15.283667, "fair_value_reference": 12.047436, "structural_low": 11.21, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.055962, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.063325, "regime_survival": 0.0, "best_return": 0.307759, "worst_return": -0.095314, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.071732, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.004066, "regime_survival": 0.0, "best_return": 0.110345, "worst_return": -0.166005, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.1117, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.102209, "regime_survival": 0.0, "best_return": 0.223276, "worst_return": -0.046763, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.047644, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.072487, "regime_survival": 0.0, "best_return": 0.054805, "worst_return": -0.150094, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-25", "tenure": "Developing", "return": -0.052023, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-06-06", "tenure": "Developing", "return": 0.07971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.1275, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.005627, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": -0.004072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.002558, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": 0.1, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": -0.125984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-30", "tenure": "Developing", "return": 0.105854, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-27", "tenure": "Developing", "return": -0.095604, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": 0.285605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-17", "tenure": "Developing", "return": -0.265008, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.041142, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.85, "volume": 29350905, "typical_volume": 35808021.25, "trend": 11.932667, "fair_value": 12.097885, "relative_strength": 1.209484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.44928, "energy": 23.534421, "activity_lines": [ 12.417333, 12.42, 12.001714, 11.995097 ] }, { "date": "2023-08-04", "close": 11.71, "volume": 23431245, "typical_volume": 35994730.2, "trend": 11.984, "fair_value": 12.096026, "relative_strength": -1.10289, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.391265, "energy": 6.563307, "activity_lines": [ 12.108, 12.318727, 11.99219, 11.980731 ] }, { "date": "2023-08-11", "close": 11.45, "volume": 20947927, "typical_volume": 36050567.9, "trend": 12.009667, "fair_value": 12.094359, "relative_strength": 0.651149, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.368016, "energy": 17.945614, "activity_lines": [ 11.784667, 12.16, 11.958714, 11.94628 ] }, { "date": "2023-08-18", "close": 11.41, "volume": 16518991, "typical_volume": 36074789.0, "trend": 12.002667, "fair_value": 12.088718, "relative_strength": 3.714333, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.007656, "energy": 27.300676, "activity_lines": [ 11.581333, 11.99, 11.925667, 11.907591 ] }, { "date": "2023-08-25", "close": 10.66, "volume": 14436047, "typical_volume": 36008182.35, "trend": 11.985, "fair_value": 12.072436, "relative_strength": 0.145449, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.210574, "energy": 45.206482, "activity_lines": [ 11.237333, 11.712727, 11.823952, 11.820968 ] }, { "date": "2023-09-01", "close": 11.36, "volume": 18132227, "typical_volume": 36179921.15, "trend": 11.939333, "fair_value": 12.059359, "relative_strength": 3.496156, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.612182, "energy": 41.423902, "activity_lines": [ 11.218667, 11.590727, 11.793429, 11.780645 ] }, { "date": "2023-09-08", "close": 11.47, "volume": 12409900, "typical_volume": 36042282.75, "trend": 11.876667, "fair_value": 12.052244, "relative_strength": 6.516119, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.696392, "energy": 39.819663, "activity_lines": [ 11.269333, 11.498364, 11.775095, 11.750366 ] }, { "date": "2023-09-15", "close": 11.35, "volume": 12460609, "typical_volume": 35916635.3, "trend": 11.804667, "fair_value": 12.04359, "relative_strength": 6.844454, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.117701, "energy": 35.023832, "activity_lines": [ 11.296, 11.408364, 11.74119, 11.716387 ] }, { "date": "2023-09-22", "close": 11.52, "volume": 13899199, "typical_volume": 36374429.25, "trend": 11.746, "fair_value": 12.036218, "relative_strength": 8.057047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.780213, "energy": 20.293892, "activity_lines": [ 11.386, 11.387455, 11.720667, 11.698022 ] }, { "date": "2023-09-29", "close": 11.53, "volume": 14005960, "typical_volume": 36372205.3, "trend": 11.702, "fair_value": 12.033397, "relative_strength": 8.759351, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.761445, "energy": 13.874978, "activity_lines": [ 11.472, 11.396182, 11.697, 11.684086 ] }, { "date": "2023-10-13", "close": 11.73, "volume": 17205159, "typical_volume": 36173464.5, "trend": 11.679667, "fair_value": 12.029038, "relative_strength": 10.845646, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.619432, "energy": 7.055949, "activity_lines": [ 11.566667, 11.450545, 11.689429, 11.685892 ] }, { "date": "2023-10-20", "close": 11.2, "volume": 15102100, "typical_volume": 36412071.05, "trend": 11.657, "fair_value": 12.022308, "relative_strength": 10.986874, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.044468, "energy": 18.016558, "activity_lines": [ 11.46, 11.410727, 11.62819, 11.654946 ] }, { "date": "2023-10-27", "close": 11.63, "volume": 16049786, "typical_volume": 36652721.85, "trend": 11.633333, "fair_value": 12.020385, "relative_strength": 12.492605, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.970317, "energy": 4.793742, "activity_lines": [ 11.514667, 11.458364, 11.607667, 11.653204 ] }, { "date": "2023-11-03", "close": 11.94, "volume": 22266935, "typical_volume": 32474602.4, "trend": 11.631667, "fair_value": 12.018654, "relative_strength": 14.150924, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.393, "energy": 9.326719, "activity_lines": [ 11.654, 11.559091, 11.614762, 11.672989 ] }, { "date": "2023-11-10", "close": 12.0, "volume": 19078320, "typical_volume": 29592920.8, "trend": 11.644667, "fair_value": 12.018333, "relative_strength": 13.108402, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.737437, "energy": 16.017448, "activity_lines": [ 11.785333, 11.661091, 11.632667, 11.696753 ] }, { "date": "2023-11-17", "close": 12.6, "volume": 37993563, "typical_volume": 29997186.6, "trend": 11.674, "fair_value": 12.023013, "relative_strength": 18.313076, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.236274, "energy": 48.40894, "activity_lines": [ 12.085333, 11.847818, 11.708667, 11.758387 ] }, { "date": "2023-11-24", "close": 12.4, "volume": 22743151, "typical_volume": 28896155.3, "trend": 11.734, "fair_value": 12.029808, "relative_strength": 17.661979, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.274099, "energy": 56.420762, "activity_lines": [ 12.260667, 11.975636, 11.762238, 11.805226 ] }, { "date": "2023-12-01", "close": 13.14, "volume": 117559487, "typical_volume": 27927831.75, "trend": 11.813333, "fair_value": 12.036154, "relative_strength": 25.485335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.733785, "energy": 68.034018, "activity_lines": [ 12.602667, 12.221091, 11.88819, 11.895935 ] }, { "date": "2023-12-08", "close": 14.16, "volume": 118792087, "typical_volume": 29610441.1, "trend": 11.93, "fair_value": 12.04891, "relative_strength": 36.454282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.710225, "energy": 84.03446, "activity_lines": [ 13.184, 12.619455, 12.112762, 12.047333 ] }, { "date": "2023-12-15", "close": 13.47, "volume": 110896372, "typical_volume": 33663998.5, "trend": 12.015333, "fair_value": 12.05532, "relative_strength": 31.165386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.169084, "energy": 75.320665, "activity_lines": [ 13.387333, 12.844364, 12.266333, 12.146688 ] }, { "date": "2023-12-22", "close": 12.67, "volume": 115232078, "typical_volume": 37958057.15, "trend": 12.069, "fair_value": 12.053077, "relative_strength": 24.666259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.801034, "energy": 57.746318, "activity_lines": [ 13.226, 12.888545, 12.336905, 12.188925 ] }, { "date": "2023-12-29", "close": 13.68, "volume": 64448225, "typical_volume": 40008906.15, "trend": 12.153333, "fair_value": 12.061923, "relative_strength": 29.196521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.634007, "energy": 48.438426, "activity_lines": [ 13.396667, 13.099273, 12.499762, 12.29286 ] }, { "date": "2024-01-05", "close": 13.12, "volume": 49149576, "typical_volume": 41418988.6, "trend": 12.216333, "fair_value": 12.072115, "relative_strength": 28.344536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.285099, "energy": 35.576409, "activity_lines": [ 13.295333, 13.163091, 12.599905, 12.355226 ] }, { "date": "2024-01-12", "close": 12.43, "volume": 29866634, "typical_volume": 42086370.75, "trend": 12.197, "fair_value": 12.079103, "relative_strength": 22.257776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.273277, "energy": 21.33555, "activity_lines": [ 12.965333, 13.074364, 12.626381, 12.369011 ] }, { "date": "2024-01-19", "close": 11.51, "volume": 20663103, "typical_volume": 42397723.55, "trend": 12.174, "fair_value": 12.082372, "relative_strength": 15.178787, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.052199, "energy": 11.701313, "activity_lines": [ 12.444, 12.809455, 12.560381, 12.324688 ] }, { "date": "2024-01-26", "close": 10.98, "volume": 26153818, "typical_volume": 42798803.1, "trend": 12.143667, "fair_value": 12.084487, "relative_strength": 9.718023, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.034316, "energy": 21.848017, "activity_lines": [ 11.876667, 12.457091, 12.439857, 12.247656 ] }, { "date": "2024-02-02", "close": 8.4, "volume": 30307275, "typical_volume": 43693671.85, "trend": 11.997, "fair_value": 12.0725, "relative_strength": -8.867529, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -46.579559, "energy": 54.167361, "activity_lines": [ 10.562, 11.665091, 12.075429, 12.006129 ] }, { "date": "2024-02-09", "close": 6.34, "volume": 47670661, "typical_volume": 45454174.45, "trend": 11.76, "fair_value": 12.044808, "relative_strength": -36.822708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.364732, "energy": 88.653619, "activity_lines": [ 8.912667, 10.571273, 11.529429, 11.641161 ] }, { "date": "2024-02-23", "close": 8.24, "volume": 48810249, "typical_volume": 47199726.95, "trend": 11.599667, "fair_value": 12.030962, "relative_strength": -19.862981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.264838, "energy": 82.697812, "activity_lines": [ 8.348667, 9.946545, 11.188238, 11.414065 ] }, { "date": "2024-03-01", "close": 8.67, "volume": 55276900, "typical_volume": 49263273.95, "trend": 11.487333, "fair_value": 12.02859, "relative_strength": -18.622771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.456349, "energy": 80.529151, "activity_lines": [ 8.207333, 9.507636, 10.903619, 11.225054 ] }, { "date": "2024-03-08", "close": 8.3, "volume": 30192172, "typical_volume": 49912624.6, "trend": 11.369, "fair_value": 12.029936, "relative_strength": -21.22638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.912035, "energy": 77.766647, "activity_lines": [ 8.132, 9.088727, 10.597381, 11.019419 ] }, { "date": "2024-03-15", "close": 9.09, "volume": 35398788, "typical_volume": 50927459.0, "trend": 11.281667, "fair_value": 12.034936, "relative_strength": -15.716033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.425709, "energy": 50.026958, "activity_lines": [ 8.498667, 8.892909, 10.382714, 10.872387 ] }, { "date": "2024-03-22", "close": 9.45, "volume": 38433509, "typical_volume": 52046645.15, "trend": 11.215, "fair_value": 12.037949, "relative_strength": -11.80102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.422807, "energy": 36.658411, "activity_lines": [ 8.939333, 8.846, 10.212381, 10.754215 ] }, { "date": "2024-03-29", "close": 9.35, "volume": 25586324, "typical_volume": 52212614.6, "trend": 11.146333, "fair_value": 12.039936, "relative_strength": -11.115678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.767618, "energy": 31.591835, "activity_lines": [ 9.139333, 8.847636, 10.042905, 10.633892 ] }, { "date": "2024-04-05", "close": 9.41, "volume": 16480944, "typical_volume": 52082745.8, "trend": 11.104667, "fair_value": 12.040705, "relative_strength": -11.780749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.603957, "energy": 25.263395, "activity_lines": [ 9.285333, 8.916182, 9.891476, 10.521871 ] }, { "date": "2024-04-12", "close": 9.54, "volume": 102329154, "typical_volume": 55299525.35, "trend": 11.044, "fair_value": 12.044231, "relative_strength": -7.512156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.104225, "energy": 21.216357, "activity_lines": [ 9.425333, 9.046545, 9.764762, 10.420925 ] }, { "date": "2024-04-19", "close": 7.5, "volume": 48024061, "typical_volume": 56563570.85, "trend": 10.911667, "fair_value": 12.035, "relative_strength": -27.488906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.281031, "energy": 38.94824, "activity_lines": [ 8.802667, 8.832182, 9.458333, 10.19228 ] }, { "date": "2024-04-26", "close": 8.44, "volume": 44243929, "typical_volume": 52897792.95, "trend": 10.814667, "fair_value": 12.034615, "relative_strength": -19.850982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.628745, "energy": 36.252055, "activity_lines": [ 8.599333, 8.805091, 9.264762, 10.032817 ] }, { "date": "2024-05-03", "close": 9.07, "volume": 32022238, "typical_volume": 48559300.5, "trend": 10.733, "fair_value": 12.038141, "relative_strength": -15.005093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.178827, "energy": 34.463729, "activity_lines": [ 8.673333, 8.854364, 9.153571, 9.920258 ] }, { "date": "2024-05-10", "close": 8.93, "volume": 28416566, "typical_volume": 44435310.2, "trend": 10.646333, "fair_value": 12.027308, "relative_strength": -17.511771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.818998, "energy": 36.737528, "activity_lines": [ 8.719333, 8.863091, 9.053286, 9.803935 ] }, { "date": "2024-05-17", "close": 9.06, "volume": 20883743, "typical_volume": 39717893.45, "trend": 10.557333, "fair_value": 12.020321, "relative_strength": -16.093413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.036002, "energy": 28.725436, "activity_lines": [ 8.840667, 8.890727, 8.987, 9.701591 ] }, { "date": "2024-05-24", "close": 8.7, "volume": 31746985, "typical_volume": 38082831.45, "trend": 10.474, "fair_value": 12.005449, "relative_strength": -16.8943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.684522, "energy": 24.010591, "activity_lines": [ 8.874, 8.839091, 8.903619, 9.581763 ] }, { "date": "2024-05-31", "close": 8.83, "volume": 21536205, "typical_volume": 36702162.9, "trend": 10.380667, "fair_value": 11.994103, "relative_strength": -15.030464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.261989, "energy": 23.189168, "activity_lines": [ 8.870667, 8.818182, 8.856333, 9.475699 ] }, { "date": "2024-06-07", "close": 7.52, "volume": 34368003, "typical_volume": 36927231.35, "trend": 10.233333, "fair_value": 11.969551, "relative_strength": -26.519673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.076823, "energy": 40.917931, "activity_lines": [ 8.404667, 8.570364, 8.704714, 9.29114 ] }, { "date": "2024-06-14", "close": 7.83, "volume": 18770560, "typical_volume": 36832604.2, "trend": 10.094333, "fair_value": 11.948269, "relative_strength": -23.228794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.366586, "energy": 49.004577, "activity_lines": [ 8.145333, 8.412182, 8.606, 9.136086 ] }, { "date": "2024-06-21", "close": 8.68, "volume": 33575900, "typical_volume": 37203708.3, "trend": 9.963667, "fair_value": 11.934103, "relative_strength": -12.758171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.707109, "energy": 38.097363, "activity_lines": [ 8.242667, 8.437273, 8.605762, 9.044839 ] }, { "date": "2024-06-28", "close": 8.75, "volume": 157252094, "typical_volume": 43550949.25, "trend": 9.842, "fair_value": 11.919167, "relative_strength": -9.763868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.393569, "energy": 30.577186, "activity_lines": [ 8.388667, 8.490727, 8.623143, 8.966538 ] }, { "date": "2024-07-05", "close": 8.3, "volume": 68160463, "typical_volume": 44575439.35, "trend": 9.680667, "fair_value": 11.904744, "relative_strength": -12.712196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.865, "energy": 24.131964, "activity_lines": [ 8.381333, 8.439636, 8.596, 8.867054 ] }, { "date": "2024-07-12", "close": 9.46, "volume": 97108913, "typical_volume": 46990372.55, "trend": 9.524, "fair_value": 11.90109, "relative_strength": -2.13521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.995968, "energy": 11.593888, "activity_lines": [ 8.796, 8.602, 8.67, 8.852817 ] }, { "date": "2024-07-19", "close": 9.71, "volume": 79469403, "typical_volume": 48199997.7, "trend": 9.398667, "fair_value": 11.900641, "relative_strength": 0.151671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.259206, "energy": 11.083205, "activity_lines": [ 9.164667, 8.802727, 8.762, 8.864817 ] }, { "date": "2024-07-26", "close": 10.13, "volume": 144282185, "typical_volume": 53904498.35, "trend": 9.314, "fair_value": 11.900897, "relative_strength": 8.202289, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.548153, "energy": 29.376835, "activity_lines": [ 9.548, 9.065636, 8.889048, 8.912 ] }, { "date": "2024-08-02", "close": 9.93, "volume": 103587597, "typical_volume": 57313938.8, "trend": 9.189, "fair_value": 11.895962, "relative_strength": 6.51821, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.338497, "energy": 44.489192, "activity_lines": [ 9.768, 9.272727, 8.988333, 8.951742 ] }, { "date": "2024-08-09", "close": 9.1, "volume": 47248613, "typical_volume": 57754694.0, "trend": 9.055, "fair_value": 11.882949, "relative_strength": -0.555306, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.23806, "energy": 38.563898, "activity_lines": [ 9.632667, 9.306545, 9.004571, 8.946 ] }, { "date": "2024-08-16", "close": 9.84, "volume": 58912431, "typical_volume": 59420999.35, "trend": 8.968667, "fair_value": 11.873269, "relative_strength": 7.836273, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.934905, "energy": 42.586524, "activity_lines": [ 9.690667, 9.47, 9.092952, 8.996645 ] }, { "date": "2024-08-23", "close": 9.7, "volume": 57100496, "typical_volume": 61451976.95, "trend": 8.908333, "fair_value": 11.853269, "relative_strength": 8.243643, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.709017, "energy": 28.831254, "activity_lines": [ 9.676667, 9.565818, 9.165667, 9.043828 ] }, { "date": "2024-08-30", "close": 10.12, "volume": 50083231, "typical_volume": 58839680.8, "trend": 8.879667, "fair_value": 11.831923, "relative_strength": 10.442339, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.835623, "energy": 30.013047, "activity_lines": [ 9.803333, 9.704, 9.277, 9.122 ] }, { "date": "2024-09-06", "close": 9.47, "volume": 150209025, "typical_volume": 63948929.0, "trend": 8.915333, "fair_value": 11.804551, "relative_strength": 5.907344, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.618611, "energy": 26.277187, "activity_lines": [ 9.714, 9.697818, 9.323667, 9.160086 ] }, { "date": "2024-09-13", "close": 8.53, "volume": 45828082, "typical_volume": 64028136.65, "trend": 8.988333, "fair_value": 11.765641, "relative_strength": -2.816741, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.366851, "energy": 10.230132, "activity_lines": [ 9.342, 9.507636, 9.271429, 9.135226 ] }, { "date": "2024-09-20", "close": 8.6, "volume": 21689680, "typical_volume": 63511508.75, "trend": 9.000333, "fair_value": 11.724744, "relative_strength": -3.044804, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.926805, "energy": 12.733476, "activity_lines": [ 9.031333, 9.326, 9.225429, 9.110172 ] }, { "date": "2024-09-27", "close": 9.61, "volume": 49718178, "typical_volume": 64576589.35, "trend": 9.031667, "fair_value": 11.677436, "relative_strength": -7.876191, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.94783, "energy": 18.006299, "activity_lines": [ 9.14, 9.343636, 9.277857, 9.149505 ] }, { "date": "2024-10-04", "close": 10.52, "volume": 21590671, "typical_volume": 64611935.75, "trend": 9.105667, "fair_value": 11.644103, "relative_strength": -8.660161, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.348744, "energy": 22.799662, "activity_lines": [ 9.558, 9.528545, 9.413714, 9.245527 ] }, { "date": "2024-10-11", "close": 10.53, "volume": 132350029, "typical_volume": 69642087.95, "trend": 9.153667, "fair_value": 11.616923, "relative_strength": -4.152959, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.232833, "energy": 39.268063, "activity_lines": [ 9.952667, 9.708182, 9.543571, 9.337419 ] }, { "date": "2024-10-18", "close": 11.12, "volume": 73665974, "typical_volume": 72248576.4, "trend": 9.209333, "fair_value": 11.591987, "relative_strength": -1.525781, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.084371, "energy": 61.200417, "activity_lines": [ 10.473333, 9.984182, 9.720905, 9.46428 ] }, { "date": "2024-10-25", "close": 11.32, "volume": 56057849, "typical_volume": 73333068.7, "trend": 9.275, "fair_value": 11.572051, "relative_strength": -2.049101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.906037, "energy": 70.057282, "activity_lines": [ 10.888, 10.259818, 9.906381, 9.600452 ] }, { "date": "2024-11-01", "close": 10.78, "volume": 51912307, "typical_volume": 74990156.05, "trend": 9.320667, "fair_value": 11.554103, "relative_strength": -4.988065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.354239, "energy": 65.156953, "activity_lines": [ 10.941333, 10.410364, 10.022333, 9.697548 ] }, { "date": "2024-11-08", "close": 12.75, "volume": 101730082, "typical_volume": 78397865.15, "trend": 9.427667, "fair_value": 11.550064, "relative_strength": 5.394642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.87364, "energy": 76.092929, "activity_lines": [ 11.573333, 10.899455, 10.311857, 9.918796 ] }, { "date": "2024-11-15", "close": 13.19, "volume": 87222753, "typical_volume": 74896398.1, "trend": 9.617333, "fair_value": 11.542372, "relative_strength": 13.169084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.473669, "energy": 79.870872, "activity_lines": [ 12.203333, 11.420727, 10.623905, 10.161527 ] }, { "date": "2024-11-22", "close": 13.35, "volume": 102648307, "typical_volume": 76620790.3, "trend": 9.781, "fair_value": 11.532051, "relative_strength": 17.912032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.269789, "energy": 77.385692, "activity_lines": [ 12.709333, 11.903455, 10.930048, 10.402344 ] }, { "date": "2024-11-29", "close": 13.12, "volume": 47855080, "typical_volume": 74158098.65, "trend": 9.916, "fair_value": 11.523013, "relative_strength": 14.039654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.836991, "energy": 77.219833, "activity_lines": [ 12.99, 12.256727, 11.190238, 10.617763 ] }, { "date": "2024-12-06", "close": 14.6, "volume": 70898724, "typical_volume": 73729564.7, "trend": 10.105, "fair_value": 11.525449, "relative_strength": 24.789011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.785201, "energy": 86.454076, "activity_lines": [ 13.644, 12.796909, 11.573952, 10.919957 ] }, { "date": "2024-12-13", "close": 13.45, "volume": 46867655, "typical_volume": 68858838.2, "trend": 10.251333, "fair_value": 11.519487, "relative_strength": 16.267031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.610085, "energy": 70.474825, "activity_lines": [ 13.66, 13.037273, 11.824857, 11.135763 ] }, { "date": "2024-12-20", "close": 12.7, "volume": 32580624, "typical_volume": 65308489.55, "trend": 10.384667, "fair_value": 11.495833, "relative_strength": 10.947808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.712811, "energy": 50.78519, "activity_lines": [ 13.379333, 13.088, 11.988524, 11.293742 ] }, { "date": "2024-12-27", "close": 11.91, "volume": 31906122, "typical_volume": 64541365.0, "trend": 10.487333, "fair_value": 11.467692, "relative_strength": 4.395306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.074742, "energy": 36.63091, "activity_lines": [ 12.868, 12.955636, 12.063762, 11.392151 ] }, { "date": "2025-01-03", "close": 10.76, "volume": 18574945, "typical_volume": 62524490.7, "trend": 10.595333, "fair_value": 11.434872, "relative_strength": 2.226102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.060141, "energy": 19.310447, "activity_lines": [ 12.069333, 12.599818, 12.016095, 11.409742 ] }, { "date": "2025-01-10", "close": 11.0, "volume": 21759855, "typical_volume": 60757458.65, "trend": 10.701, "fair_value": 11.408782, "relative_strength": 6.192913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.822068, "energy": 22.860991, "activity_lines": [ 11.508, 12.297818, 11.986905, 11.435849 ] }, { "date": "2025-01-17", "close": 12.1, "volume": 42909416, "typical_volume": 60398767.9, "trend": 10.815, "fair_value": 11.3775, "relative_strength": 13.004196, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.751781, "energy": 22.605089, "activity_lines": [ 11.553333, 12.191818, 12.056286, 11.526108 ] }, { "date": "2025-01-24", "close": 12.18, "volume": 30337381, "typical_volume": 54405185.7, "trend": 10.929333, "fair_value": 11.357628, "relative_strength": 12.558944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.089691, "energy": 16.381904, "activity_lines": [ 11.715333, 12.112182, 12.123857, 11.614172 ] }, { "date": "2025-01-31", "close": 11.73, "volume": 6345973, "typical_volume": 52431080.25, "trend": 11.043667, "fair_value": 11.336987, "relative_strength": 10.056523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.836588, "energy": 10.932725, "activity_lines": [ 11.762, 11.969091, 12.135667, 11.665828 ] }, { "date": "2025-02-07", "close": 12.44, "volume": 19982468, "typical_volume": 52345719.65, "trend": 11.143, "fair_value": 11.3275, "relative_strength": 11.810124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.88424, "energy": 19.003931, "activity_lines": [ 12.057333, 11.984545, 12.199857, 11.755914 ] }, { "date": "2025-02-14", "close": 12.25, "volume": 24970264, "typical_volume": 51108323.95, "trend": 11.227667, "fair_value": 11.316474, "relative_strength": 7.498783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.234057, "energy": 19.461943, "activity_lines": [ 12.177333, 11.977818, 12.227667, 11.827333 ] }, { "date": "2025-02-21", "close": 12.3, "volume": 45113415, "typical_volume": 52284461.15, "trend": 11.3, "fair_value": 11.310449, "relative_strength": 5.160358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.654069, "energy": 20.505678, "activity_lines": [ 12.230667, 12.022909, 12.247667, 11.896516 ] }, { "date": "2025-02-28", "close": 11.91, "volume": 36531664, "typical_volume": 47493542.9, "trend": 11.366, "fair_value": 11.307244, "relative_strength": 5.087378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.831272, "energy": 18.490828, "activity_lines": [ 12.140667, 12.018, 12.222048, 11.935871 ] }, { "date": "2025-03-07", "close": 12.03, "volume": 28928085, "typical_volume": 45256648.45, "trend": 11.463667, "fair_value": 11.303654, "relative_strength": 3.454091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.615577, "energy": 14.874374, "activity_lines": [ 12.108667, 12.049273, 12.201286, 11.97871 ] }, { "date": "2025-03-14", "close": 12.11, "volume": 27885136, "typical_volume": 43848012.8, "trend": 11.539333, "fair_value": 11.299744, "relative_strength": 2.575856, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.016295, "energy": 9.965832, "activity_lines": [ 12.083333, 12.092909, 12.18381, 12.020409 ] }, { "date": "2025-03-21", "close": 12.7, "volume": 40949443, "typical_volume": 43299869.6, "trend": 11.639333, "fair_value": 11.29859, "relative_strength": 10.1053, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.484269, "energy": 22.651879, "activity_lines": [ 12.276667, 12.219273, 12.218762, 12.09529 ] }, { "date": "2025-03-28", "close": 11.29, "volume": 30043754, "typical_volume": 39715553.2, "trend": 11.678333, "fair_value": 11.292756, "relative_strength": -1.501198, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.553219, "energy": 2.528947, "activity_lines": [ 11.97, 12.058364, 12.110286, 12.072753 ] }, { "date": "2025-04-04", "close": 11.49, "volume": 15550866, "typical_volume": 36131958.85, "trend": 11.745667, "fair_value": 11.293397, "relative_strength": 2.356827, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.902629, "energy": 10.801794, "activity_lines": [ 11.797333, 11.948545, 12.02781, 12.060602 ] }, { "date": "2025-04-11", "close": 10.63, "volume": 62403530, "typical_volume": 34119720.0, "trend": 11.815667, "fair_value": 11.287821, "relative_strength": -0.271995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.810748, "energy": 42.663344, "activity_lines": [ 11.366, 11.694909, 11.871524, 11.988624 ] }, { "date": "2025-04-18", "close": 11.98, "volume": 42731061, "typical_volume": 33863519.05, "trend": 11.928333, "fair_value": 11.291603, "relative_strength": 12.170982, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.184164, "energy": 37.285651, "activity_lines": [ 11.478, 11.706727, 11.856762, 11.999226 ] }, { "date": "2025-04-25", "close": 11.48, "volume": 73320545, "typical_volume": 33984610.1, "trend": 11.990667, "fair_value": 11.294231, "relative_strength": 5.527694, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.318435, "energy": 45.759451, "activity_lines": [ 11.432, 11.636, 11.79981, 11.970301 ] }, { "date": "2025-05-02", "close": 11.04, "volume": 23063315, "typical_volume": 32794393.1, "trend": 12.008, "fair_value": 11.297692, "relative_strength": 1.359302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.243049, "energy": 47.46336, "activity_lines": [ 11.320667, 11.499273, 11.71581, 11.908968 ] }, { "date": "2025-05-09", "close": 11.92, "volume": 49207899, "typical_volume": 33625756.85, "trend": 12.054333, "fair_value": 11.301603, "relative_strength": 6.502511, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.655906, "energy": 20.034916, "activity_lines": [ 11.519333, 11.545455, 11.727095, 11.90329 ] }, { "date": "2025-05-16", "close": 11.84, "volume": 25140000, "typical_volume": 33287450.75, "trend": 12.078333, "fair_value": 11.311923, "relative_strength": 4.819855, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.148203, "energy": 15.100491, "activity_lines": [ 11.662667, 11.576909, 11.734476, 11.889462 ] }, { "date": "2025-05-23", "close": 11.3, "volume": 29206486, "typical_volume": 33819027.8, "trend": 12.077667, "fair_value": 11.323397, "relative_strength": 0.171608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.200516, "energy": 17.978905, "activity_lines": [ 11.545333, 11.513636, 11.690762, 11.839247 ] }, { "date": "2025-05-30", "close": 11.54, "volume": 38386940, "typical_volume": 34650382.05, "trend": 12.103, "fair_value": 11.336923, "relative_strength": 2.867515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.515432, "energy": 14.190701, "activity_lines": [ 11.553333, 11.508727, 11.667333, 11.804559 ] }, { "date": "2025-06-06", "close": 11.92, "volume": 22172517, "typical_volume": 33613537.1, "trend": 12.075333, "fair_value": 11.346026, "relative_strength": 4.120444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.518671, "energy": 11.009362, "activity_lines": [ 11.684, 11.594, 11.677524, 11.792753 ] }, { "date": "2025-06-13", "close": 12.0, "volume": 43455701, "typical_volume": 34269453.1, "trend": 12.035667, "fair_value": 11.351987, "relative_strength": 4.848566, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.277679, "energy": 8.271929, "activity_lines": [ 11.782667, 11.682364, 11.69619, 11.787892 ] }, { "date": "2025-06-20", "close": 12.08, "volume": 40812028, "typical_volume": 35992755.85, "trend": 11.993333, "fair_value": 11.360385, "relative_strength": 6.33085, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.674934, "energy": 8.585669, "activity_lines": [ 11.902667, 11.776, 11.723333, 11.790753 ] }, { "date": "2025-06-27", "close": 13.53, "volume": 163153456, "typical_volume": 43151305.25, "trend": 12.007, "fair_value": 11.371154, "relative_strength": 14.199078, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.594697, "energy": 38.104235, "activity_lines": [ 12.49, 12.106909, 11.886905, 11.889892 ] }, { "date": "2025-07-04", "close": 12.44, "volume": 90352992, "typical_volume": 46420441.65, "trend": 11.935, "fair_value": 11.375256, "relative_strength": 3.299043, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.554998, "energy": 39.204423, "activity_lines": [ 12.565333, 12.211455, 11.941476, 11.917828 ] }, { "date": "2025-07-11", "close": 12.37, "volume": 37291710, "typical_volume": 46029356.4, "trend": 11.899, "fair_value": 11.366923, "relative_strength": 0.769782, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.807007, "energy": 53.243887, "activity_lines": [ 12.557333, 12.285818, 11.988476, 11.945892 ] }, { "date": "2025-07-18", "close": 12.28, "volume": 40901913, "typical_volume": 46247868.85, "trend": 11.885, "fair_value": 11.361026, "relative_strength": -2.015945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.821097, "energy": 48.739098, "activity_lines": [ 12.489333, 12.319636, 12.026571, 11.970473 ] }, { "date": "2025-07-25", "close": 12.17, "volume": 29400028, "typical_volume": 46271466.0, "trend": 11.893667, "fair_value": 11.359487, "relative_strength": -4.963783, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.204149, "energy": 22.860638, "activity_lines": [ 12.366, 12.326909, 12.052429, 11.98886 ] }, { "date": "2025-08-01", "close": 12.2, "volume": 32881611, "typical_volume": 46521289.75, "trend": 11.941667, "fair_value": 11.349038, "relative_strength": -3.11408, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.294092, "energy": 15.179817, "activity_lines": [ 12.246667, 12.333636, 12.080476, 12.008624 ] }, { "date": "2025-08-08", "close": 12.39, "volume": 32505735, "typical_volume": 46099104.35, "trend": 11.988, "fair_value": 11.350577, "relative_strength": -2.867186, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.617296, "energy": 15.951129, "activity_lines": [ 12.279333, 12.358545, 12.12619, 12.037548 ] }, { "date": "2025-08-15", "close": 12.29, "volume": 31355552, "typical_volume": 46164694.25, "trend": 11.994333, "fair_value": 11.341795, "relative_strength": -7.65219, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.090786, "energy": 15.300467, "activity_lines": [ 12.282, 12.349818, 12.163857, 12.057032 ] }, { "date": "2025-08-22", "close": 12.39, "volume": 33236688, "typical_volume": 47048985.35, "trend": 12.001333, "fair_value": 11.333205, "relative_strength": -10.716298, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.396691, "energy": 18.150674, "activity_lines": [ 12.323333, 12.352545, 12.206286, 12.082559 ] }, { "date": "2025-08-29", "close": 12.08, "volume": 54245671, "typical_volume": 46641092.4, "trend": 12.013, "fair_value": 11.322564, "relative_strength": -16.216411, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.784109, "energy": 15.252895, "activity_lines": [ 12.254, 12.291818, 12.214905, 12.087634 ] }, { "date": "2025-09-05", "close": 12.65, "volume": 52925724, "typical_volume": 47150825.55, "trend": 12.02, "fair_value": 11.315064, "relative_strength": -11.286891, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.883603, "energy": 24.045108, "activity_lines": [ 12.380667, 12.334727, 12.270905, 12.128731 ] }, { "date": "2025-09-12", "close": 12.68, "volume": 74014111, "typical_volume": 47185503.85, "trend": 12.034333, "fair_value": 11.303077, "relative_strength": -13.242951, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.6274, "energy": 28.371822, "activity_lines": [ 12.487333, 12.399091, 12.326571, 12.171312 ] }, { "date": "2025-09-19", "close": 12.23, "volume": 47344097, "typical_volume": 48399542.95, "trend": 12.032, "fair_value": 11.288526, "relative_strength": -17.078855, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.617475, "energy": 21.498246, "activity_lines": [ 12.424667, 12.377273, 12.333667, 12.183935 ] }, { "date": "2025-09-26", "close": 11.73, "volume": 38519461, "typical_volume": 47865121.05, "trend": 12.026, "fair_value": 11.279167, "relative_strength": -21.136731, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.814805, "energy": 4.23771, "activity_lines": [ 12.199333, 12.267091, 12.287476, 12.164452 ] }, { "date": "2025-10-03", "close": 11.75, "volume": 9135019, "typical_volume": 47064872.0, "trend": 12.016667, "fair_value": 11.269231, "relative_strength": -22.684398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.742183, "energy": 13.041119, "activity_lines": [ 12.024667, 12.170545, 12.244095, 12.146645 ] }, { "date": "2025-10-10", "close": 11.7, "volume": 9585691, "typical_volume": 46083832.25, "trend": 12.003, "fair_value": 11.266667, "relative_strength": -21.79882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.273662, "energy": 34.029228, "activity_lines": [ 11.855333, 12.072545, 12.196381, 12.126215 ] }, { "date": "2025-10-17", "close": 11.6, "volume": 22202284, "typical_volume": 45274599.45, "trend": 11.966333, "fair_value": 11.267628, "relative_strength": -18.170902, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.979789, "energy": 44.570986, "activity_lines": [ 11.716, 11.965455, 12.137238, 12.100215 ] }, { "date": "2025-10-24", "close": 12.76, "volume": 48812910, "typical_volume": 46606619.1, "trend": 12.015333, "fair_value": 11.280705, "relative_strength": -13.896876, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 26.689045, "energy": 18.259212, "activity_lines": [ 12.035333, 12.083636, 12.188286, 12.151419 ] }, { "date": "2025-10-31", "close": 13.97, "volume": 96544605, "typical_volume": 49261064.3, "trend": 12.098, "fair_value": 11.298974, "relative_strength": -6.380576, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.007621, "energy": 50.413618, "activity_lines": [ 12.722667, 12.413273, 12.350571, 12.277527 ] }, { "date": "2025-11-07", "close": 13.39, "volume": 58100781, "typical_volume": 50125501.95, "trend": 12.19, "fair_value": 11.312372, "relative_strength": -10.21858, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.792545, "energy": 59.18016, "activity_lines": [ 13.067333, 12.608727, 12.448238, 12.360882 ] }, { "date": "2025-11-14", "close": 15.17, "volume": 63274622, "typical_volume": 45131560.25, "trend": 12.296333, "fair_value": 11.335385, "relative_strength": 3.305167, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.842839, "energy": 84.322451, "activity_lines": [ 13.896, 13.104, 12.70919, 12.55314 ] }, { "date": "2025-11-21", "close": 13.22, "volume": 183559514, "typical_volume": 49791886.35, "trend": 12.354333, "fair_value": 11.344231, "relative_strength": -4.735954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.798959, "energy": 71.86733, "activity_lines": [ 13.843333, 13.198909, 12.776619, 12.612731 ] }, { "date": "2025-11-28", "close": 13.22, "volume": 0, "typical_volume": 47927300.85, "trend": 12.427, "fair_value": 11.353526, "relative_strength": -7.658236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.330103, "energy": 63.15855, "activity_lines": [ 13.682667, 13.284, 12.840333, 12.668581 ] }, { "date": "2025-12-05", "close": 12.7, "volume": 141588685, "typical_volume": 52961639.45, "trend": 12.453, "fair_value": 11.36109, "relative_strength": -11.79896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.132694, "energy": 34.816592, "activity_lines": [ 13.318, 13.256545, 12.850476, 12.686194 ] }, { "date": "2025-12-12", "close": 11.91, "volume": 54060811, "typical_volume": 54194678.6, "trend": 12.455333, "fair_value": 11.366282, "relative_strength": -17.458106, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.213947, "energy": 14.861327, "activity_lines": [ 12.774667, 13.067818, 12.783381, 12.651161 ] }, { "date": "2025-12-19", "close": 12.21, "volume": 35789060, "typical_volume": 54340051.05, "trend": 12.485667, "fair_value": 11.37141, "relative_strength": -14.218637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -2.76393, "energy": 16.184231, "activity_lines": [ 12.43, 12.930727, 12.746095, 12.635333 ] }, { "date": "2025-12-26", "close": 12.47, "volume": 45816561, "typical_volume": 55005592.35, "trend": 12.516667, "fair_value": 11.380449, "relative_strength": -15.075608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.90014, "energy": 16.250178, "activity_lines": [ 12.369333, 12.831636, 12.733524, 12.634323 ] }, { "date": "2026-01-02", "close": 12.46, "volume": 20721732, "typical_volume": 54473901.35, "trend": 12.534667, "fair_value": 11.392308, "relative_strength": -14.395806, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.207471, "energy": 17.434258, "activity_lines": [ 12.355333, 12.714909, 12.719619, 12.630667 ] }, { "date": "2026-01-09", "close": 12.5, "volume": 39881370, "typical_volume": 54806135.45, "trend": 12.551333, "fair_value": 11.407179, "relative_strength": -17.389764, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.202383, "energy": 11.431985, "activity_lines": [ 12.405333, 12.610909, 12.708714, 12.62843 ] }, { "date": "2026-01-16", "close": 12.88, "volume": 56293498, "typical_volume": 54908526.8, "trend": 12.578, "fair_value": 11.424551, "relative_strength": -15.399014, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.823913, "energy": 8.432155, "activity_lines": [ 12.595333, 12.602727, 12.733476, 12.649634 ] }, { "date": "2026-01-23", "close": 13.4, "volume": 49727171, "typical_volume": 54748599.15, "trend": 12.573667, "fair_value": 11.441987, "relative_strength": -12.547217, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.718263, "energy": 19.911298, "activity_lines": [ 12.894, 12.698364, 12.803952, 12.702667 ] }, { "date": "2026-01-30", "close": 13.79, "volume": 77774126, "typical_volume": 54936599.9, "trend": 12.618667, "fair_value": 11.455897, "relative_strength": -8.21447, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.931907, "energy": 35.192414, "activity_lines": [ 13.243333, 12.897091, 12.908, 12.78114 ] }, { "date": "2026-02-06", "close": 14.33, "volume": 85352827, "typical_volume": 56837036.4, "trend": 12.684, "fair_value": 11.476026, "relative_strength": -2.309453, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.871162, "energy": 60.591104, "activity_lines": [ 13.684667, 13.183636, 13.05819, 12.891548 ] }, { "date": "2026-02-13", "close": 17.1, "volume": 148000871, "typical_volume": 62311106.9, "trend": 12.844667, "fair_value": 11.504038, "relative_strength": 14.821614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.222552, "energy": 87.12446, "activity_lines": [ 14.924667, 13.953636, 13.46219, 13.176452 ] }, { "date": "2026-02-27", "close": 16.309999, "volume": 64666469, "typical_volume": 65087679.4, "trend": 12.982667, "fair_value": 11.523013, "relative_strength": 6.521414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.507103, "energy": 91.100313, "activity_lines": [ 15.594666, 14.5, 13.765381, 13.400021 ] }, { "date": "2026-03-06", "close": 15.96, "volume": 46828439, "typical_volume": 66949816.8, "trend": 13.108, "fair_value": 11.538718, "relative_strength": 6.599933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.52061, "energy": 86.100694, "activity_lines": [ 15.919333, 14.902727, 14.013524, 13.592107 ] }, { "date": "2026-03-13", "close": 15.35, "volume": 39912716, "typical_volume": 67835338.4, "trend": 13.206667, "fair_value": 11.551987, "relative_strength": 1.813174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.408167, "energy": 85.188351, "activity_lines": [ 15.87, 15.126363, 14.183286, 13.736753 ] }, { "date": "2026-03-20", "close": 14.18, "volume": 30565250, "typical_volume": 66922955.4, "trend": 13.269667, "fair_value": 11.560513, "relative_strength": -2.992963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.763655, "energy": 50.584704, "activity_lines": [ 15.326667, 15.084909, 14.223762, 13.799548 ] }, { "date": "2026-03-27", "close": 12.96, "volume": 42245744, "typical_volume": 64208012.35, "trend": 13.288667, "fair_value": 11.564103, "relative_strength": -10.253735, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.008593, "energy": 16.609882, "activity_lines": [ 14.386667, 14.790364, 14.141286, 13.77957 ] }, { "date": "2026-04-03", "close": 13.06, "volume": 48979920, "typical_volume": 63751969.3, "trend": 13.321333, "fair_value": 11.571667, "relative_strength": -6.65386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.942421, "energy": 23.092539, "activity_lines": [ 13.756, 14.505636, 14.073143, 13.764817 ] }, { "date": "2026-04-10", "close": 14.69, "volume": 73601104, "typical_volume": 64268293.4, "trend": 13.389333, "fair_value": 11.586731, "relative_strength": -1.874902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.630732, "energy": 27.268808, "activity_lines": [ 13.885333, 14.514, 14.161809, 13.853118 ] }, { "date": "2026-04-17", "close": 14.5, "volume": 48559431, "typical_volume": 57518289.25, "trend": 13.45, "fair_value": 11.602821, "relative_strength": -6.7085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.304869, "energy": 22.413808, "activity_lines": [ 14.036, 14.464364, 14.234667, 13.924774 ] }, { "date": "2026-04-24", "close": 14.19, "volume": 38262452, "typical_volume": 59431411.85, "trend": 13.515333, "fair_value": 11.619359, "relative_strength": -8.575381, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.642394, "energy": 14.337268, "activity_lines": [ 14.14, 14.345455, 14.271905, 13.972516 ] }, { "date": "2026-05-01", "close": 14.08, "volume": 28478051, "typical_volume": 53775880.15, "trend": 13.593667, "fair_value": 11.634487, "relative_strength": -9.912133, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.511072, "energy": 12.710598, "activity_lines": [ 14.206667, 14.209091, 14.294048, 14.008946 ] }, { "date": "2026-05-08", "close": 14.9, "volume": 30631768, "typical_volume": 52604428.0, "trend": 13.698667, "fair_value": 11.662051, "relative_strength": -7.187964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.778355, "energy": 22.014986, "activity_lines": [ 14.472, 14.276727, 14.387714, 14.093226 ] }, { "date": "2026-05-15", "close": 14.67, "volume": 43832810, "typical_volume": 53006615.5, "trend": 13.797667, "fair_value": 11.687115, "relative_strength": -8.205299, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.018563, "energy": 21.078123, "activity_lines": [ 14.538, 14.328182, 14.445238, 14.155892 ] }, { "date": "2026-05-22", "close": 16.790001, "volume": 99321730, "typical_volume": 55681873.95, "trend": 13.970667, "fair_value": 11.72641, "relative_strength": 4.988519, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 77.508923, "energy": 63.43789, "activity_lines": [ 15.312, 14.788546, 14.692952, 14.348946 ] }, { "date": "2026-05-29", "close": 18.49, "volume": 172296616, "typical_volume": 63260618.15, "trend": 14.161667, "fair_value": 11.775, "relative_strength": 15.627289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.423006, "energy": 81.517383, "activity_lines": [ 16.5, 15.531818, 15.082, 14.640516 ] }, { "date": "2026-06-05", "close": 19.780001, "volume": 50360627, "typical_volume": 63784581.0, "trend": 14.355333, "fair_value": 11.830897, "relative_strength": 25.463499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.474057, "energy": 90.103468, "activity_lines": [ 17.831334, 16.431273, 15.565191, 15.002989 ] }, { "date": "2026-06-12", "close": 17.110001, "volume": 22558020, "typical_volume": 62097807.1, "trend": 14.479333, "fair_value": 11.869103, "relative_strength": 11.131836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.909001, "energy": 79.705871, "activity_lines": [ 17.892667, 16.721273, 15.759429, 15.18071 ] }, { "date": "2026-06-19", "close": 21.51, "volume": 133957773, "typical_volume": 66309337.2, "trend": 14.690667, "fair_value": 11.935, "relative_strength": 30.02902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.784385, "energy": 90.290298, "activity_lines": [ 19.273334, 17.737637, 16.352572, 15.634301 ] }, { "date": "2026-06-26", "close": 20.24, "volume": 28079694, "typical_volume": 63824615.6, "trend": 14.924667, "fair_value": 11.981346, "relative_strength": 24.104548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.332559, "energy": 82.099256, "activity_lines": [ 19.774667, 18.399091, 16.786143, 15.992323 ] }, { "date": "2026-07-03", "close": 18.33, "volume": 18143940, "typical_volume": 60464171.25, "trend": 15.095, "fair_value": 12.020641, "relative_strength": 13.996619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.978734, "energy": 54.470334, "activity_lines": [ 19.409334, 18.608909, 17.007095, 16.212022 ] }, { "date": "2026-07-10", "close": 15.72, "volume": 52895281, "typical_volume": 55708891.75, "trend": 15.195667, "fair_value": 12.045192, "relative_strength": 1.607249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.684478, "energy": 36.172397, "activity_lines": [ 18.184667, 18.268909, 16.960429, 16.252344 ] }, { "date": "2026-07-17", "close": 13.59, "volume": 43793498, "typical_volume": 54665243.2, "trend": 15.251667, "fair_value": 12.050256, "relative_strength": -3.275636, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.085275, "energy": 14.73028, "activity_lines": [ 16.520667, 17.511818, 16.717476, 16.148753 ] }, { "date": "2026-07-24", "close": 11.91, "volume": 56151244, "typical_volume": 55131383.45, "trend": 15.241667, "fair_value": 12.040385, "relative_strength": -15.235627, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.889344, "energy": 36.229104, "activity_lines": [ 14.531333, 16.473091, 16.327476, 15.933161 ] }, { "date": "2026-07-31", "close": 12.4, "volume": 55208421, "typical_volume": 55896168.7, "trend": 15.239333, "fair_value": 12.036218, "relative_strength": -10.177111, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.617904, "energy": 42.871459, "activity_lines": [ 13.345333, 15.573636, 16.003429, 15.749828 ] }, { "date": "2026-08-07", "close": 13.79, "volume": 37718435, "typical_volume": 56253827.95, "trend": 15.283667, "fair_value": 12.047436, "relative_strength": -4.955061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.370312, "energy": 45.006776, "activity_lines": [ 13.145333, 15.006727, 15.82581, 15.656323 ] } ], "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." } } }