{ "ticker": { "uuid": "3e202997-e922-436c-a989-efb8511a4d13", "symbol": "603759", "name": "Haitian Water Group Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 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": -61.771, "architecture_energy": 56.525, "architecture_maturity": 90.525, "architecture_confidence": 91.372, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 12.42, "rotation_up": 28.2, "upward_expansion": 10.26, "deceleration": 60.92, "rotation_down": 48.87, "downward_expansion": 81.26 }, "activity_lines": [ 7.072667, 7.127244, 7.58589, 8.171316 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 7.22, "trend_reference": 9.052583, "distance_from_trend": -0.202438, "trend_direction": "Weakening", "fair_value": 7.98762, "distance_from_fair_value": -0.096101, "fair_value_direction": "Weakening", "relative_strength": -21.644139, "relative_strength_direction": "Weakening", "price_momentum": -0.413008, "excess_performance": -0.369804, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.202438, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.127856, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.096101, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.221642, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.216441, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.099603, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.413008, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.34517, "read": "Supply-led" } ], "volume": { "latest": 18500339, "relative_activity": 0.857395, "balance": 0.34517, "dry_up": 0.998818, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.080931, "annualized_volatility": 0.346468, "from_high_reference": -0.561627, "from_low_reference": 0.084084 }, "levels": { "trend_reference": 9.052583, "fair_value_reference": 7.98762, "structural_low": 6.66, "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": 25, "median_return": -0.006662, "positive_rate": 0.48, "directional_follow_through": 0.52, "median_excess_return": -0.001826, "regime_survival": 0.92, "best_return": 0.126354, "worst_return": -0.149028, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.082237, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.028191, "regime_survival": 0.777778, "best_return": 0.374552, "worst_return": -0.207392, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.011945, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.015133, "regime_survival": 0.5, "best_return": 0.261513, "worst_return": -0.236153, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.101957, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.171057, "regime_survival": 0.5, "best_return": -0.012717, "worst_return": -0.191196, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-09", "end": "2024-10-18", "tenure": "Extended", "return": -0.174143, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": 0.075301, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": -0.095908, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-02-28", "tenure": "Developing", "return": 0.101744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.038601, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.052184, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": -0.097395, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": 0.075377, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-12-05", "tenure": "Developing", "return": 0.139785, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.152542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.14065, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.041586, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": -0.037604, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.207392, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.76722, "volume": 15961849, "typical_volume": 11641162.0, "trend": 8.936413, "fair_value": 10.572257, "relative_strength": -5.697856, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.974283, "energy": 13.318617, "activity_lines": [ 8.769143, 8.733138, 8.758065, 8.849977 ] }, { "date": "2023-08-04", "close": 8.382694, "volume": 28912450, "typical_volume": 12304556.25, "trend": 8.928722, "fair_value": 10.554161, "relative_strength": -9.846065, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.893666, "energy": 28.246953, "activity_lines": [ 8.637122, 8.675284, 8.714806, 8.814253 ] }, { "date": "2023-08-11", "close": 8.276948, "volume": 10680262, "typical_volume": 12365179.3, "trend": 8.911739, "fair_value": 10.535496, "relative_strength": -7.944065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.392898, "energy": 48.753101, "activity_lines": [ 8.498052, 8.606943, 8.664634, 8.772203 ] }, { "date": "2023-08-18", "close": 8.421146, "volume": 10730873, "typical_volume": 12457086.7, "trend": 8.893794, "fair_value": 10.518306, "relative_strength": -4.509552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.174055, "energy": 50.637896, "activity_lines": [ 8.440372, 8.572335, 8.632773, 8.740552 ] }, { "date": "2023-08-25", "close": 8.353853, "volume": 20442947, "typical_volume": 13108580.4, "trend": 8.8688, "fair_value": 10.500851, "relative_strength": -3.042666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.80361, "energy": 56.302197, "activity_lines": [ 8.38782, 8.521647, 8.598578, 8.705717 ] }, { "date": "2023-09-01", "close": 8.546118, "volume": 29258892, "typical_volume": 14160695.6, "trend": 8.844447, "fair_value": 10.485213, "relative_strength": -2.646451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.211954, "energy": 43.757819, "activity_lines": [ 8.423069, 8.505218, 8.586905, 8.684899 ] }, { "date": "2023-09-08", "close": 8.690315, "volume": 10550251, "typical_volume": 14339857.75, "trend": 8.821695, "fair_value": 10.470967, "relative_strength": -0.201353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.996596, "energy": 23.874549, "activity_lines": [ 8.521123, 8.52392, 8.591483, 8.674955 ] }, { "date": "2023-09-15", "close": 8.565344, "volume": 7673720, "typical_volume": 14356266.8, "trend": 8.795419, "fair_value": 10.455963, "relative_strength": -1.379207, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.904897, "energy": 16.128862, "activity_lines": [ 8.557012, 8.521997, 8.584204, 8.658416 ] }, { "date": "2023-09-22", "close": 8.632636, "volume": 8852218, "typical_volume": 14670495.45, "trend": 8.775872, "fair_value": 10.441718, "relative_strength": -0.863188, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.330166, "energy": 16.313024, "activity_lines": [ 8.596106, 8.536155, 8.584296, 8.647914 ] }, { "date": "2023-09-29", "close": 8.642249, "volume": 6497205, "typical_volume": 14367517.35, "trend": 8.75216, "fair_value": 10.427768, "relative_strength": 0.065707, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.480653, "energy": 15.286367, "activity_lines": [ 8.624305, 8.555731, 8.585943, 8.639293 ] }, { "date": "2023-10-13", "close": 8.296175, "volume": 13438854, "typical_volume": 14471025.05, "trend": 8.718193, "fair_value": 10.411372, "relative_strength": -2.923232, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.920078, "energy": 20.851053, "activity_lines": [ 8.517919, 8.513607, 8.555456, 8.609875 ] }, { "date": "2023-10-20", "close": 8.132751, "volume": 9510378, "typical_volume": 14471946.6, "trend": 8.687752, "fair_value": 10.393978, "relative_strength": -1.46873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.89127, "energy": 44.718039, "activity_lines": [ 8.373721, 8.450335, 8.51183, 8.572104 ] }, { "date": "2023-10-27", "close": 8.228883, "volume": 19339316, "typical_volume": 14594297.7, "trend": 8.654106, "fair_value": 10.377575, "relative_strength": -1.411263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.77148, "energy": 51.865966, "activity_lines": [ 8.298739, 8.409086, 8.480839, 8.5425 ] }, { "date": "2023-11-03", "close": 8.084685, "volume": 12946477, "typical_volume": 14778297.15, "trend": 8.614371, "fair_value": 10.360335, "relative_strength": -3.434273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.451189, "energy": 66.138226, "activity_lines": [ 8.198121, 8.342493, 8.438313, 8.505763 ] }, { "date": "2023-11-10", "close": 8.209657, "volume": 13218167, "typical_volume": 15144189.65, "trend": 8.580084, "fair_value": 10.344286, "relative_strength": -2.102851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.20725, "energy": 65.00844, "activity_lines": [ 8.17569, 8.30474, 8.408283, 8.479652 ] }, { "date": "2023-11-17", "close": 8.498052, "volume": 19612266, "typical_volume": 14799207.45, "trend": 8.560858, "fair_value": 10.33061, "relative_strength": 0.887383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.049554, "energy": 34.38235, "activity_lines": [ 8.278231, 8.322043, 8.406223, 8.47436 ] }, { "date": "2023-11-24", "close": 8.305788, "volume": 15092614, "typical_volume": 14762504.85, "trend": 8.54772, "fair_value": 10.315721, "relative_strength": -0.866332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.070021, "energy": 27.582771, "activity_lines": [ 8.303225, 8.305264, 8.388416, 8.457904 ] }, { "date": "2023-12-01", "close": 8.142365, "volume": 15005740, "typical_volume": 14774410.1, "trend": 8.526891, "fair_value": 10.299858, "relative_strength": -2.397761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.038632, "energy": 29.05818, "activity_lines": [ 8.262209, 8.265763, 8.357425, 8.431752 ] }, { "date": "2023-12-08", "close": 7.777063, "volume": 15802936, "typical_volume": 15098797.8, "trend": 8.493886, "fair_value": 10.281576, "relative_strength": -4.598469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.19275, "energy": 44.928305, "activity_lines": [ 8.105193, 8.167533, 8.294664, 8.383376 ] }, { "date": "2023-12-15", "close": 7.959713, "volume": 11288232, "typical_volume": 14740782.35, "trend": 8.465367, "fair_value": 10.264872, "relative_strength": -1.236612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.385071, "energy": 61.956594, "activity_lines": [ 8.029569, 8.118069, 8.254335, 8.348913 ] }, { "date": "2023-12-22", "close": 7.700158, "volume": 11246156, "typical_volume": 14504997.7, "trend": 8.428516, "fair_value": 10.246553, "relative_strength": -3.361989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.047035, "energy": 75.695891, "activity_lines": [ 7.88409, 8.033823, 8.192856, 8.299545 ] }, { "date": "2023-12-29", "close": 7.988554, "volume": 73806112, "typical_volume": 16749680.8, "trend": 8.399356, "fair_value": 10.230539, "relative_strength": -1.687939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.004111, "energy": 63.631415, "activity_lines": [ 7.887935, 8.012849, 8.163925, 8.27116 ] }, { "date": "2024-01-05", "close": 7.950101, "volume": 33254946, "typical_volume": 17878415.0, "trend": 8.374683, "fair_value": 10.214479, "relative_strength": -0.577522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.149259, "energy": 40.911906, "activity_lines": [ 7.900112, 7.987505, 8.133209, 8.242176 ] }, { "date": "2024-01-12", "close": 7.988554, "volume": 19957227, "typical_volume": 18339732.7, "trend": 8.367313, "fair_value": 10.198913, "relative_strength": 1.551291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.35798, "energy": 35.180268, "activity_lines": [ 7.937924, 7.974221, 8.107711, 8.217264 ] }, { "date": "2024-01-19", "close": 7.517508, "volume": 17295532, "typical_volume": 18182361.95, "trend": 8.340716, "fair_value": 10.180293, "relative_strength": -2.671815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.204549, "energy": 42.200474, "activity_lines": [ 7.804622, 7.877041, 8.039412, 8.162438 ] }, { "date": "2024-01-26", "close": 7.469441, "volume": 24662412, "typical_volume": 17952537.95, "trend": 8.288484, "fair_value": 10.161597, "relative_strength": -5.72641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.84913, "energy": 46.400145, "activity_lines": [ 7.684777, 7.783705, 7.970517, 8.106227 ] }, { "date": "2024-02-02", "close": 6.335086, "volume": 18455703, "typical_volume": 18347810.55, "trend": 8.206132, "fair_value": 10.135388, "relative_strength": -14.487037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.551206, "energy": 82.295975, "activity_lines": [ 7.202195, 7.502826, 7.798716, 7.980201 ] }, { "date": "2024-02-09", "close": 6.065917, "volume": 23762279, "typical_volume": 19152238.5, "trend": 8.115768, "fair_value": 10.107705, "relative_strength": -21.595366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.731494, "energy": 90.355617, "activity_lines": [ 6.740121, 7.208837, 7.612495, 7.842123 ] }, { "date": "2024-02-23", "close": 6.421605, "volume": 17252336, "typical_volume": 19572244.4, "trend": 8.035337, "fair_value": 10.082799, "relative_strength": -20.418778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.639794, "energy": 87.364112, "activity_lines": [ 6.522223, 7.017273, 7.472051, 7.732822 ] }, { "date": "2024-03-01", "close": 6.460057, "volume": 23081666, "typical_volume": 20401467.45, "trend": 7.960355, "fair_value": 10.058485, "relative_strength": -20.088791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.242717, "energy": 84.628626, "activity_lines": [ 6.421605, 6.857344, 7.345798, 7.631191 ] }, { "date": "2024-03-08", "close": 6.363925, "volume": 12740370, "typical_volume": 20366543.25, "trend": 7.880245, "fair_value": 10.033854, "relative_strength": -21.354154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.215607, "energy": 76.762228, "activity_lines": [ 6.359439, 6.707204, 7.220781, 7.528196 ] }, { "date": "2024-03-15", "close": 6.892651, "volume": 19206621, "typical_volume": 20851355.4, "trend": 7.830577, "fair_value": 10.013052, "relative_strength": -14.718516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.658983, "energy": 51.390659, "activity_lines": [ 6.547217, 6.67749, 7.155319, 7.46448 ] }, { "date": "2024-03-22", "close": 6.911877, "volume": 14562904, "typical_volume": 20612534.8, "trend": 7.785074, "fair_value": 9.992649, "relative_strength": -13.909815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.56224, "energy": 37.848326, "activity_lines": [ 6.704232, 6.671198, 7.097595, 7.405209 ] }, { "date": "2024-03-29", "close": 6.998396, "volume": 14480786, "typical_volume": 20689250.25, "trend": 7.737649, "fair_value": 9.973079, "relative_strength": -12.327035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.781467, "energy": 28.25468, "activity_lines": [ 6.83369, 6.699513, 7.054381, 7.354456 ] }, { "date": "2024-04-05", "close": 7.10414, "volume": 9288788, "typical_volume": 20492781.3, "trend": 7.695992, "fair_value": 9.95445, "relative_strength": -11.484389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.182093, "energy": 24.595923, "activity_lines": [ 6.959943, 6.765057, 7.026411, 7.313584 ] }, { "date": "2024-04-12", "close": 6.825358, "volume": 15210579, "typical_volume": 20272696.95, "trend": 7.638633, "fair_value": 9.934262, "relative_strength": -13.188267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.703491, "energy": 21.438827, "activity_lines": [ 6.95033, 6.78743, 6.977155, 7.257414 ] }, { "date": "2024-04-19", "close": 6.479284, "volume": 22167152, "typical_volume": 20626423.85, "trend": 7.564932, "fair_value": 9.912115, "relative_strength": -18.421854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.926605, "energy": 26.970808, "activity_lines": [ 6.794596, 6.75859, 6.902905, 7.182617 ] }, { "date": "2024-04-26", "close": 6.402378, "volume": 15924112, "typical_volume": 20672342.45, "trend": 7.492834, "fair_value": 9.887814, "relative_strength": -19.615016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.481938, "energy": 37.799081, "activity_lines": [ 6.640785, 6.713146, 6.830028, 7.107614 ] }, { "date": "2024-05-03", "close": 6.604255, "volume": 6531576, "typical_volume": 20208774.45, "trend": 7.425221, "fair_value": 9.824931, "relative_strength": -17.198869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.237072, "energy": 39.414369, "activity_lines": [ 6.588233, 6.698289, 6.784662, 7.050286 ] }, { "date": "2024-05-10", "close": 6.873425, "volume": 11816055, "typical_volume": 20235165.6, "trend": 7.36626, "fair_value": 9.714909, "relative_strength": -14.889855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.373646, "energy": 38.526108, "activity_lines": [ 6.65168, 6.729052, 6.770517, 7.014686 ] }, { "date": "2024-05-17", "close": 6.834971, "volume": 17825810, "typical_volume": 20564148.3, "trend": 7.317553, "fair_value": 9.636097, "relative_strength": -15.057119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.721061, "energy": 31.399213, "activity_lines": [ 6.717691, 6.745307, 6.757883, 6.98041 ] }, { "date": "2024-05-24", "close": 6.71, "volume": 13897452, "typical_volume": 17568715.3, "trend": 7.270128, "fair_value": 9.569964, "relative_strength": -14.515172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.453448, "energy": 21.242519, "activity_lines": [ 6.741403, 6.730275, 6.737466, 6.941213 ] }, { "date": "2024-05-31", "close": 6.6, "volume": 10251514, "typical_volume": 16418543.7, "trend": 7.215832, "fair_value": 9.50426, "relative_strength": -15.512916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.86918, "energy": 22.639948, "activity_lines": [ 6.713068, 6.698565, 6.712662, 6.897979 ] }, { "date": "2024-06-07", "close": 6.31, "volume": 12889864, "typical_volume": 16065175.55, "trend": 7.156676, "fair_value": 9.443863, "relative_strength": -17.853193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.585509, "energy": 38.455733, "activity_lines": [ 6.574891, 6.619797, 6.666667, 6.839538 ] }, { "date": "2024-06-14", "close": 6.31, "volume": 6306433, "typical_volume": 15515720.6, "trend": 7.093354, "fair_value": 9.381361, "relative_strength": -16.961336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.686429, "energy": 55.500099, "activity_lines": [ 6.456331, 6.553546, 6.628666, 6.784914 ] }, { "date": "2024-06-21", "close": 6.08, "volume": 5394565, "typical_volume": 14552328.25, "trend": 7.012752, "fair_value": 9.321959, "relative_strength": -18.747835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.165238, "energy": 71.62706, "activity_lines": [ 6.298667, 6.459916, 6.57451, 6.719536 ] }, { "date": "2024-06-28", "close": 5.93, "volume": 6512013, "typical_volume": 13955143.75, "trend": 6.933559, "fair_value": 9.258843, "relative_strength": -19.595842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.611125, "energy": 79.159578, "activity_lines": [ 6.141333, 6.352564, 6.512685, 6.649681 ] }, { "date": "2024-07-05", "close": 5.9, "volume": 4402736, "typical_volume": 12987166.6, "trend": 6.858814, "fair_value": 9.195293, "relative_strength": -19.011444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.037251, "energy": 78.440234, "activity_lines": [ 6.026, 6.249746, 6.449931, 6.583 ] }, { "date": "2024-07-12", "close": 5.87, "volume": 7491900, "typical_volume": 12499144.8, "trend": 6.795245, "fair_value": 9.138236, "relative_strength": -19.517184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.379154, "energy": 76.792779, "activity_lines": [ 5.947333, 6.150607, 6.385111, 6.519205 ] }, { "date": "2024-07-19", "close": 5.61, "volume": 8239627, "typical_volume": 11757042.85, "trend": 6.716921, "fair_value": 9.083548, "relative_strength": -22.843464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.345841, "energy": 85.581055, "activity_lines": [ 5.811333, 6.017545, 6.298155, 6.442738 ] }, { "date": "2024-07-26", "close": 5.78, "volume": 14021598, "typical_volume": 11821104.25, "trend": 6.652916, "fair_value": 9.033088, "relative_strength": -17.517249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.775543, "energy": 73.294594, "activity_lines": [ 5.778667, 5.938364, 6.231437, 6.382291 ] }, { "date": "2024-08-02", "close": 5.78, "volume": 8494110, "typical_volume": 11285478.7, "trend": 6.579298, "fair_value": 8.991024, "relative_strength": -17.429372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.871342, "energy": 64.83043, "activity_lines": [ 5.766, 5.878364, 6.167501, 6.325974 ] }, { "date": "2024-08-09", "close": 5.73, "volume": 7451442, "typical_volume": 10929905.6, "trend": 6.505294, "fair_value": 8.946439, "relative_strength": -16.460167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.646889, "energy": 59.494244, "activity_lines": [ 5.746667, 5.826182, 6.1041, 6.271181 ] }, { "date": "2024-08-16", "close": 5.76, "volume": 8940072, "typical_volume": 10652869.9, "trend": 6.431009, "fair_value": 8.904533, "relative_strength": -16.156063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.412241, "energy": 50.775233, "activity_lines": [ 5.748667, 5.795273, 6.049185, 6.223097 ] }, { "date": "2024-08-23", "close": 5.55, "volume": 9205119, "typical_volume": 10648686.45, "trend": 6.365426, "fair_value": 8.867557, "relative_strength": -18.073736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.545651, "energy": 53.982294, "activity_lines": [ 5.688, 5.736182, 5.980167, 6.166258 ] }, { "date": "2024-08-30", "close": 5.79, "volume": 7703716, "typical_volume": 10273343.3, "trend": 6.309444, "fair_value": 8.83428, "relative_strength": -13.709873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.980955, "energy": 44.776235, "activity_lines": [ 5.711333, 5.734545, 5.941406, 6.129134 ] }, { "date": "2024-09-06", "close": 5.62, "volume": 5861606, "typical_volume": 9458066.0, "trend": 6.285608, "fair_value": 8.798446, "relative_strength": -13.439956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.660425, "energy": 48.682658, "activity_lines": [ 5.677333, 5.707273, 5.891386, 6.084653 ] }, { "date": "2024-09-13", "close": 5.54, "volume": 5053184, "typical_volume": 8914519.6, "trend": 6.268077, "fair_value": 8.761977, "relative_strength": -12.236601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.193992, "energy": 51.890471, "activity_lines": [ 5.627333, 5.671091, 5.837838, 6.03655 ] }, { "date": "2024-09-20", "close": 5.58, "volume": 4191864, "typical_volume": 8797534.0, "trend": 6.240024, "fair_value": 8.720751, "relative_strength": -12.117324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.539346, "energy": 47.080841, "activity_lines": [ 5.603333, 5.648727, 5.792207, 5.992158 ] }, { "date": "2024-09-27", "close": 6.06, "volume": 11487241, "typical_volume": 8781093.3, "trend": 6.226689, "fair_value": 8.688471, "relative_strength": -14.845126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.027682, "energy": 27.170229, "activity_lines": [ 5.751333, 5.718909, 5.797167, 5.980543 ] }, { "date": "2024-10-04", "close": 6.49, "volume": 12131088, "typical_volume": 8496357.2, "trend": 6.230891, "fair_value": 8.658907, "relative_strength": -15.033139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.610458, "energy": 16.424051, "activity_lines": [ 6.008667, 5.859091, 5.846952, 5.997531 ] }, { "date": "2024-10-11", "close": 6.24, "volume": 29124148, "typical_volume": 9257692.0, "trend": 6.209136, "fair_value": 8.624521, "relative_strength": -14.689622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.70699, "energy": 21.028214, "activity_lines": [ 6.136, 5.940909, 5.874571, 5.998119 ] }, { "date": "2024-10-18", "close": 6.78, "volume": 70327298, "typical_volume": 12261481.2, "trend": 6.20474, "fair_value": 8.597264, "relative_strength": -8.079891, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.213757, "energy": 43.185372, "activity_lines": [ 6.402, 6.112545, 5.955857, 6.034948 ] }, { "date": "2024-10-25", "close": 6.64, "volume": 36212206, "typical_volume": 13427598.3, "trend": 6.192794, "fair_value": 8.568702, "relative_strength": -10.47483, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.673533, "energy": 57.457993, "activity_lines": [ 6.538667, 6.239636, 6.022952, 6.06303 ] }, { "date": "2024-11-01", "close": 6.44, "volume": 27958418, "typical_volume": 14510197.55, "trend": 6.170656, "fair_value": 8.540407, "relative_strength": -11.864662, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.633076, "energy": 54.862414, "activity_lines": [ 6.538, 6.314364, 6.069429, 6.078979 ] }, { "date": "2024-11-08", "close": 6.74, "volume": 29554056, "typical_volume": 15718172.1, "trend": 6.16781, "fair_value": 8.511671, "relative_strength": -12.034155, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.751785, "energy": 57.039375, "activity_lines": [ 6.612, 6.427455, 6.143857, 6.11571 ] }, { "date": "2024-11-15", "close": 6.64, "volume": 27426642, "typical_volume": 16763903.55, "trend": 6.173168, "fair_value": 8.485188, "relative_strength": -9.621817, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.258401, "energy": 37.152281, "activity_lines": [ 6.636, 6.505091, 6.205619, 6.146174 ] }, { "date": "2024-11-22", "close": 6.64, "volume": 18342991, "typical_volume": 17460916.3, "trend": 6.181088, "fair_value": 8.459113, "relative_strength": -7.257953, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.024076, "energy": 32.671039, "activity_lines": [ 6.633333, 6.564182, 6.264, 6.176293 ] }, { "date": "2024-11-29", "close": 7.14, "volume": 33222150, "typical_volume": 18747428.8, "trend": 6.198947, "fair_value": 8.438525, "relative_strength": -1.545753, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.206334, "energy": 56.199585, "activity_lines": [ 6.806667, 6.694182, 6.366476, 6.238158 ] }, { "date": "2024-12-06", "close": 7.82, "volume": 37188458, "typical_volume": 20194870.35, "trend": 6.230499, "fair_value": 8.423804, "relative_strength": 5.734473, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.591884, "energy": 79.581108, "activity_lines": [ 7.173333, 6.919455, 6.527667, 6.342742 ] }, { "date": "2024-12-13", "close": 7.67, "volume": 75394985, "typical_volume": 23263539.7, "trend": 6.258333, "fair_value": 8.403149, "relative_strength": 4.409791, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.028117, "energy": 80.671286, "activity_lines": [ 7.398, 7.085455, 6.664048, 6.435613 ] }, { "date": "2024-12-20", "close": 7.67, "volume": 25864982, "typical_volume": 24132083.3, "trend": 6.290333, "fair_value": 8.381801, "relative_strength": 5.548766, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.767811, "energy": 80.639199, "activity_lines": [ 7.560667, 7.23, 6.791429, 6.526688 ] }, { "date": "2024-12-27", "close": 8.02, "volume": 138189496, "typical_volume": 30668986.0, "trend": 6.337667, "fair_value": 8.359721, "relative_strength": 9.600649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.04992, "energy": 79.656148, "activity_lines": [ 7.771333, 7.412182, 6.943143, 6.63828 ] }, { "date": "2025-01-03", "close": 7.69, "volume": 137391680, "typical_volume": 37091566.4, "trend": 6.383667, "fair_value": 8.338502, "relative_strength": 11.556113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.894296, "energy": 51.340438, "activity_lines": [ 7.78, 7.511818, 7.052524, 6.725527 ] }, { "date": "2025-01-10", "close": 6.85, "volume": 74381541, "typical_volume": 40350387.5, "trend": 6.401667, "fair_value": 8.312957, "relative_strength": 1.216891, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.761253, "energy": 39.091563, "activity_lines": [ 7.472, 7.439636, 7.072714, 6.755613 ] }, { "date": "2025-01-17", "close": 7.07, "volume": 46706238, "typical_volume": 42300513.6, "trend": 6.434667, "fair_value": 8.287152, "relative_strength": 2.651903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.166829, "energy": 27.433854, "activity_lines": [ 7.302, 7.4, 7.107667, 6.798731 ] }, { "date": "2025-01-24", "close": 6.88, "volume": 28813280, "typical_volume": 43448097.3, "trend": 6.466333, "fair_value": 8.262778, "relative_strength": 0.04953, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.393385, "energy": 21.688449, "activity_lines": [ 7.108667, 7.319818, 7.118429, 6.827462 ] }, { "date": "2025-01-31", "close": 6.88, "volume": 4660148, "typical_volume": 43428445.5, "trend": 6.499, "fair_value": 8.237303, "relative_strength": 0.523405, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.82967, "energy": 23.137171, "activity_lines": [ 6.968, 7.235273, 7.12319, 6.854151 ] }, { "date": "2025-02-07", "close": 7.11, "volume": 15608996, "typical_volume": 43999302.1, "trend": 6.540333, "fair_value": 8.212081, "relative_strength": 2.372594, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.953407, "energy": 18.523552, "activity_lines": [ 6.98, 7.188182, 7.143476, 6.89357 ] }, { "date": "2025-02-14", "close": 7.94, "volume": 47036535, "typical_volume": 45776766.8, "trend": 6.618, "fair_value": 8.19283, "relative_strength": 12.588898, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.869871, "energy": 27.329837, "activity_lines": [ 7.307333, 7.292545, 7.235524, 6.983871 ] }, { "date": "2025-02-21", "close": 7.55, "volume": 48412506, "typical_volume": 47590837.7, "trend": 6.677, "fair_value": 8.173485, "relative_strength": 5.938523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.690971, "energy": 29.182927, "activity_lines": [ 7.432, 7.323818, 7.281476, 7.044 ] }, { "date": "2025-02-28", "close": 7.58, "volume": 39887795, "typical_volume": 48129020.05, "trend": 6.737, "fair_value": 8.158448, "relative_strength": 8.077747, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.443231, "energy": 37.529317, "activity_lines": [ 7.534667, 7.362727, 7.325238, 7.102258 ] }, { "date": "2025-03-07", "close": 8.29, "volume": 115286760, "typical_volume": 50376993.15, "trend": 6.822333, "fair_value": 8.139934, "relative_strength": 16.001347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.347812, "energy": 61.572148, "activity_lines": [ 7.827333, 7.532364, 7.430238, 7.202452 ] }, { "date": "2025-03-14", "close": 8.83, "volume": 75250308, "typical_volume": 52328898.25, "trend": 6.924667, "fair_value": 8.121987, "relative_strength": 21.499529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.8781, "energy": 73.503977, "activity_lines": [ 8.206, 7.795273, 7.579476, 7.331978 ] }, { "date": "2025-03-21", "close": 8.97, "volume": 62801432, "typical_volume": 54071048.95, "trend": 7.038667, "fair_value": 8.109991, "relative_strength": 24.983217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.098414, "energy": 79.51354, "activity_lines": [ 8.516667, 8.062909, 7.731619, 7.463935 ] }, { "date": "2025-03-28", "close": 8.33, "volume": 40131932, "typical_volume": 54599942.75, "trend": 7.123333, "fair_value": 8.097398, "relative_strength": 16.340779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.655193, "energy": 75.194296, "activity_lines": [ 8.545333, 8.175636, 7.810762, 7.547247 ] }, { "date": "2025-04-04", "close": 8.52, "volume": 23037020, "typical_volume": 54380461.65, "trend": 7.22, "fair_value": 8.085657, "relative_strength": 19.073861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.261601, "energy": 77.042767, "activity_lines": [ 8.585333, 8.3, 7.900429, 7.637355 ] }, { "date": "2025-04-11", "close": 7.78, "volume": 39838480, "typical_volume": 55455236.1, "trend": 7.294667, "fair_value": 8.074633, "relative_strength": 12.073428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.140211, "energy": 42.290863, "activity_lines": [ 8.316, 8.26, 7.910667, 7.673484 ] }, { "date": "2025-04-18", "close": 7.97, "volume": 21058624, "typical_volume": 54847059.8, "trend": 7.374333, "fair_value": 8.066866, "relative_strength": 13.138091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.292238, "energy": 24.813313, "activity_lines": [ 8.144, 8.238182, 7.933571, 7.717054 ] }, { "date": "2025-04-25", "close": 8.24, "volume": 18381216, "typical_volume": 53906697.7, "trend": 7.447, "fair_value": 8.05875, "relative_strength": 15.876715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.746245, "energy": 20.402657, "activity_lines": [ 8.119333, 8.249818, 7.978238, 7.772903 ] }, { "date": "2025-05-02", "close": 7.88, "volume": 27470003, "typical_volume": 51510448.6, "trend": 7.493333, "fair_value": 8.048531, "relative_strength": 11.082582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.39258, "energy": 21.212489, "activity_lines": [ 8.023333, 8.190545, 7.986619, 7.800839 ] }, { "date": "2025-05-09", "close": 8.09, "volume": 50073782, "typical_volume": 52720888.6, "trend": 7.555, "fair_value": 8.038313, "relative_strength": 11.654172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.846563, "energy": 16.487002, "activity_lines": [ 8.027333, 8.163455, 8.014, 7.839333 ] }, { "date": "2025-05-16", "close": 7.89, "volume": 24943324, "typical_volume": 47058580.0, "trend": 7.592, "fair_value": 8.02938, "relative_strength": 7.902074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.536517, "energy": 14.454673, "activity_lines": [ 7.993333, 8.090727, 8.020333, 7.860946 ] }, { "date": "2025-05-23", "close": 7.7, "volume": 21494984, "typical_volume": 41263745.2, "trend": 7.627333, "fair_value": 8.02355, "relative_strength": 5.784761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.835169, "energy": 9.371521, "activity_lines": [ 7.888667, 7.990727, 8.00919, 7.867914 ] }, { "date": "2025-05-30", "close": 7.76, "volume": 17648467, "typical_volume": 38427091.5, "trend": 7.671333, "fair_value": 8.017331, "relative_strength": 6.467683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.528204, "energy": 10.370121, "activity_lines": [ 7.822, 7.922182, 8.003714, 7.876473 ] }, { "date": "2025-06-06", "close": 7.88, "volume": 12555400, "typical_volume": 36719549.6, "trend": 7.709333, "fair_value": 8.008742, "relative_strength": 6.660018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.65183, "energy": 12.217958, "activity_lines": [ 7.827333, 7.897455, 8.005333, 7.889935 ] }, { "date": "2025-06-13", "close": 7.87, "volume": 22713709, "typical_volume": 36414571.05, "trend": 7.750333, "fair_value": 7.995719, "relative_strength": 6.553903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.41958, "energy": 11.540546, "activity_lines": [ 7.829333, 7.879091, 8.002143, 7.900301 ] }, { "date": "2025-06-20", "close": 7.61, "volume": 18532460, "typical_volume": 37108186.65, "trend": 7.782667, "fair_value": 7.981029, "relative_strength": 3.342738, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.407304, "energy": 22.841362, "activity_lines": [ 7.759333, 7.825273, 7.969476, 7.891247 ] }, { "date": "2025-06-27", "close": 8.15, "volume": 57496724, "typical_volume": 39202573.05, "trend": 7.816333, "fair_value": 7.968815, "relative_strength": 8.234046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.05648, "energy": 13.100351, "activity_lines": [ 7.888, 7.872727, 7.984762, 7.914946 ] }, { "date": "2025-07-04", "close": 8.64, "volume": 61866969, "typical_volume": 39944094.75, "trend": 7.843667, "fair_value": 7.956415, "relative_strength": 12.671148, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 52.141237, "energy": 29.315445, "activity_lines": [ 8.15, 8.006, 8.041762, 7.968086 ] }, { "date": "2025-07-11", "close": 8.67, "volume": 24075482, "typical_volume": 38727243.55, "trend": 7.877, "fair_value": 7.947904, "relative_strength": 11.363534, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.86999, "energy": 61.468971, "activity_lines": [ 8.363333, 8.137455, 8.098286, 8.021398 ] }, { "date": "2025-07-18", "close": 8.83, "volume": 45687542, "typical_volume": 39017230.9, "trend": 7.915667, "fair_value": 7.941712, "relative_strength": 12.039199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.736395, "energy": 70.333216, "activity_lines": [ 8.577333, 8.283636, 8.164714, 8.082882 ] }, { "date": "2025-07-25", "close": 8.73, "volume": 31328860, "typical_volume": 34819335.9, "trend": 7.939333, "fair_value": 7.934757, "relative_strength": 8.543993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.370784, "energy": 71.702828, "activity_lines": [ 8.694, 8.398182, 8.215667, 8.135419 ] }, { "date": "2025-08-01", "close": 8.56, "volume": 26775116, "typical_volume": 32395576.3, "trend": 7.968333, "fair_value": 7.927328, "relative_strength": 7.056081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.809859, "energy": 67.131078, "activity_lines": [ 8.679333, 8.466545, 8.248333, 8.175462 ] }, { "date": "2025-08-08", "close": 8.62, "volume": 16172895, "typical_volume": 30064149.45, "trend": 8.027333, "fair_value": 7.922625, "relative_strength": 5.24417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.872634, "energy": 55.342058, "activity_lines": [ 8.657333, 8.530182, 8.288, 8.217505 ] }, { "date": "2025-08-15", "close": 8.6, "volume": 23065166, "typical_volume": 29210811.15, "trend": 8.078333, "fair_value": 7.913296, "relative_strength": 2.962676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.480872, "energy": 38.03359, "activity_lines": [ 8.63, 8.574545, 8.327429, 8.254452 ] }, { "date": "2025-08-22", "close": 8.85, "volume": 29608057, "typical_volume": 29539363.0, "trend": 8.144, "fair_value": 7.906555, "relative_strength": 2.062963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.484269, "energy": 39.570176, "activity_lines": [ 8.690667, 8.651273, 8.389381, 8.304237 ] }, { "date": "2025-08-29", "close": 7.97, "volume": 48883346, "typical_volume": 29991606.3, "trend": 8.180333, "fair_value": 7.898302, "relative_strength": -8.874281, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.573329, "energy": 13.174756, "activity_lines": [ 8.456667, 8.550182, 8.365952, 8.293011 ] }, { "date": "2025-09-05", "close": 7.96, "volume": 27901140, "typical_volume": 30333732.1, "trend": 8.208667, "fair_value": 7.887889, "relative_strength": -7.94818, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.744562, "energy": 12.234584, "activity_lines": [ 8.27, 8.440727, 8.340667, 8.278796 ] }, { "date": "2025-09-12", "close": 8.13, "volume": 28516719, "typical_volume": 30840507.25, "trend": 8.215, "fair_value": 7.871911, "relative_strength": -7.433701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.595842, "energy": 13.05029, "activity_lines": [ 8.18, 8.365636, 8.331619, 8.27372 ] }, { "date": "2025-09-19", "close": 7.78, "volume": 24640788, "typical_volume": 30699046.5, "trend": 8.222667, "fair_value": 7.855538, "relative_strength": -10.245785, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.963455, "energy": 30.246844, "activity_lines": [ 8.006, 8.236182, 8.289762, 8.245656 ] }, { "date": "2025-09-26", "close": 7.78, "volume": 17366592, "typical_volume": 29063687.0, "trend": 8.229333, "fair_value": 7.840583, "relative_strength": -10.486552, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.229054, "energy": 45.110916, "activity_lines": [ 7.886667, 8.122909, 8.248381, 8.217097 ] }, { "date": "2025-10-03", "close": 7.7, "volume": 6291412, "typical_volume": 28131091.4, "trend": 8.209667, "fair_value": 7.825977, "relative_strength": -12.682502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.705515, "energy": 63.74715, "activity_lines": [ 7.812, 8.014182, 8.200857, 8.182946 ] }, { "date": "2025-10-10", "close": 8.06, "volume": 10952781, "typical_volume": 27603981.25, "trend": 8.184, "fair_value": 7.818548, "relative_strength": -9.03372, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.656021, "energy": 45.492064, "activity_lines": [ 7.875333, 7.989636, 8.188524, 8.17329 ] }, { "date": "2025-10-17", "close": 8.56, "volume": 47003776, "typical_volume": 29071746.7, "trend": 8.170333, "fair_value": 7.810749, "relative_strength": -2.074337, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.443245, "energy": 12.390889, "activity_lines": [ 8.098667, 8.065091, 8.222095, 8.197548 ] }, { "date": "2025-10-24", "close": 9.3, "volume": 50976097, "typical_volume": 30992781.55, "trend": 8.202667, "fair_value": 7.81706, "relative_strength": 3.115785, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.878275, "energy": 41.094958, "activity_lines": [ 8.54, 8.276182, 8.322333, 8.27043 ] }, { "date": "2025-10-31", "close": 11.0, "volume": 150038940, "typical_volume": 37359043.1, "trend": 8.285333, "fair_value": 7.832729, "relative_strength": 20.997982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.385467, "energy": 86.763984, "activity_lines": [ 9.446667, 8.783636, 8.577714, 8.450903 ] }, { "date": "2025-11-07", "close": 15.96, "volume": 226209373, "typical_volume": 47742888.75, "trend": 8.558, "fair_value": 7.879576, "relative_strength": 70.764502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.495668, "energy": 98.009923, "activity_lines": [ 11.792, 10.153818, 9.290571, 8.946043 ] }, { "date": "2025-11-14", "close": 11.33, "volume": 239871385, "typical_volume": 56861621.8, "trend": 8.67, "fair_value": 7.8989, "relative_strength": 20.601354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.198407, "energy": 86.105955, "activity_lines": [ 12.043333, 10.536909, 9.522714, 9.124882 ] }, { "date": "2025-11-21", "close": 10.36, "volume": 93863592, "typical_volume": 58461452.95, "trend": 8.740667, "fair_value": 7.908802, "relative_strength": 14.126874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.467089, "energy": 81.602185, "activity_lines": [ 11.753333, 10.682364, 9.647333, 9.233914 ] }, { "date": "2025-11-28", "close": 10.79, "volume": 63520264, "typical_volume": 60433692.05, "trend": 8.837667, "fair_value": 7.921214, "relative_strength": 16.62683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.116583, "energy": 57.384294, "activity_lines": [ 11.486667, 10.865455, 9.804714, 9.366129 ] }, { "date": "2025-12-05", "close": 10.6, "volume": 85521445, "typical_volume": 62425387.2, "trend": 8.921333, "fair_value": 7.932346, "relative_strength": 13.770861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.206501, "energy": 34.555903, "activity_lines": [ 11.057333, 10.959273, 9.933905, 9.479828 ] }, { "date": "2025-12-12", "close": 10.62, "volume": 52129172, "typical_volume": 63465402.8, "trend": 9.012333, "fair_value": 7.941512, "relative_strength": 13.949318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.51237, "energy": 22.434824, "activity_lines": [ 10.661333, 11.005455, 10.056571, 9.589419 ] }, { "date": "2025-12-19", "close": 10.11, "volume": 65209084, "typical_volume": 65387101.2, "trend": 9.092667, "fair_value": 7.945005, "relative_strength": 8.167446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.802892, "energy": 20.346246, "activity_lines": [ 10.451333, 10.905818, 10.121667, 9.660237 ] }, { "date": "2025-12-26", "close": 10.59, "volume": 35691324, "typical_volume": 66363022.65, "trend": 9.187, "fair_value": 7.952992, "relative_strength": 10.931697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.748377, "energy": 19.118664, "activity_lines": [ 10.482667, 10.856182, 10.225095, 9.756839 ] }, { "date": "2026-01-02", "close": 10.54, "volume": 19916208, "typical_volume": 66205574.75, "trend": 9.275667, "fair_value": 7.963616, "relative_strength": 10.034951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.820567, "energy": 16.798789, "activity_lines": [ 10.482, 10.760545, 10.314381, 9.844129 ] }, { "date": "2026-01-09", "close": 10.7, "volume": 35938457, "typical_volume": 66522094.75, "trend": 9.37, "fair_value": 7.97767, "relative_strength": 7.224214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.278294, "energy": 17.423485, "activity_lines": [ 10.551333, 10.671455, 10.409667, 9.936022 ] }, { "date": "2026-01-16", "close": 11.7, "volume": 105711382, "typical_volume": 69363496.55, "trend": 9.506333, "fair_value": 7.997455, "relative_strength": 17.149712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.308901, "energy": 31.224616, "activity_lines": [ 10.947333, 10.769636, 10.591381, 10.086344 ] }, { "date": "2026-01-23", "close": 12.24, "volume": 160999471, "typical_volume": 76018413.1, "trend": 9.642667, "fair_value": 8.019594, "relative_strength": 20.73684, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.151739, "energy": 39.169297, "activity_lines": [ 11.451333, 11.043455, 10.806762, 10.26271 ] }, { "date": "2026-01-30", "close": 12.3, "volume": 70553735, "typical_volume": 78120263.9, "trend": 9.764667, "fair_value": 8.041007, "relative_strength": 21.038792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.056608, "energy": 56.947521, "activity_lines": [ 11.833333, 11.311636, 11.007476, 10.434151 ] }, { "date": "2026-02-06", "close": 10.88, "volume": 123785894, "typical_volume": 83077519.2, "trend": 9.838333, "fair_value": 8.052394, "relative_strength": 8.003221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.030323, "energy": 57.312974, "activity_lines": [ 11.628, 11.286364, 11.053095, 10.506108 ] }, { "date": "2026-02-13", "close": 10.47, "volume": 40652485, "typical_volume": 84241813.85, "trend": 9.893, "fair_value": 8.060043, "relative_strength": 3.359053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.450773, "energy": 46.364313, "activity_lines": [ 11.263333, 11.184909, 11.044905, 10.54686 ] }, { "date": "2026-02-27", "close": 10.67, "volume": 23476341, "typical_volume": 85101060.3, "trend": 9.957667, "fair_value": 8.068358, "relative_strength": 3.026225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.139755, "energy": 19.301187, "activity_lines": [ 10.980667, 11.122182, 11.042952, 10.596989 ] }, { "date": "2026-03-06", "close": 10.57, "volume": 31631553, "typical_volume": 86134998.9, "trend": 10.024667, "fair_value": 8.076155, "relative_strength": 2.795224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.604919, "energy": 21.743777, "activity_lines": [ 10.733333, 11.040364, 11.017333, 10.636495 ] }, { "date": "2026-03-13", "close": 10.34, "volume": 31858972, "typical_volume": 85377758.7, "trend": 10.082, "fair_value": 8.083341, "relative_strength": 1.212201, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.851651, "energy": 17.884041, "activity_lines": [ 10.520667, 10.908364, 10.957857, 10.656839 ] }, { "date": "2026-03-20", "close": 9.66, "volume": 26128989, "typical_volume": 84135403.3, "trend": 10.117333, "fair_value": 8.085305, "relative_strength": -2.030405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -15.219193, "energy": 26.121803, "activity_lines": [ 10.212, 10.657273, 10.825143, 10.629613 ] }, { "date": "2026-03-27", "close": 9.91, "volume": 75026431, "typical_volume": 80384777.85, "trend": 10.152667, "fair_value": 8.089118, "relative_strength": 1.72269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.765157, "energy": 36.558067, "activity_lines": [ 10.068, 10.467636, 10.714524, 10.616237 ] }, { "date": "2026-04-03", "close": 9.23, "volume": 48589159, "typical_volume": 71503767.15, "trend": 10.194667, "fair_value": 8.090297, "relative_strength": -4.357269, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.480763, "energy": 56.151873, "activity_lines": [ 9.734667, 10.168727, 10.544333, 10.55671 ] }, { "date": "2026-04-10", "close": 9.39, "volume": 19133246, "typical_volume": 60466860.2, "trend": 10.242333, "fair_value": 8.09127, "relative_strength": -5.147733, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.895784, "energy": 58.039008, "activity_lines": [ 9.550667, 9.943818, 10.421429, 10.504796 ] }, { "date": "2026-04-17", "close": 9.33, "volume": 18553663, "typical_volume": 56701363.75, "trend": 10.282333, "fair_value": 8.091612, "relative_strength": -7.198917, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.156303, "energy": 54.800274, "activity_lines": [ 9.425333, 9.759818, 10.302048, 10.445935 ] }, { "date": "2026-04-24", "close": 9.26, "volume": 18156637, "typical_volume": 54433182.4, "trend": 10.331667, "fair_value": 8.091751, "relative_strength": -8.422578, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.646469, "energy": 57.862434, "activity_lines": [ 9.344, 9.617091, 10.180905, 10.379978 ] }, { "date": "2026-05-01", "close": 8.882911, "volume": 18344376, "typical_volume": 51074328.95, "trend": 10.36843, "fair_value": 8.090521, "relative_strength": -12.610056, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.120478, "energy": 74.264489, "activity_lines": [ 9.163637, 9.435257, 10.031134, 10.28651 ] }, { "date": "2026-05-08", "close": 9.109164, "volume": 12804911, "typical_volume": 49108115.9, "trend": 10.415403, "fair_value": 8.093144, "relative_strength": -11.683808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.664515, "energy": 69.933244, "activity_lines": [ 9.127164, 9.323415, 9.911089, 10.205267 ] }, { "date": "2026-05-15", "close": 8.597634, "volume": 23473237, "typical_volume": 47021323.55, "trend": 10.433324, "fair_value": 8.092057, "relative_strength": -15.520027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.144771, "energy": 84.954508, "activity_lines": [ 8.928237, 9.146947, 9.74952, 10.087992 ] }, { "date": "2026-05-22", "close": 8.341869, "volume": 16763830, "typical_volume": 46074948.85, "trend": 10.426053, "fair_value": 8.08933, "relative_strength": -17.381722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.815134, "energy": 88.806121, "activity_lines": [ 8.69688, 8.959838, 9.570795, 9.953059 ] }, { "date": "2026-05-29", "close": 7.909037, "volume": 19816169, "typical_volume": 46069946.9, "trend": 10.379687, "fair_value": 8.083521, "relative_strength": -20.593786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.875072, "energy": 91.340303, "activity_lines": [ 8.38712, 8.730361, 9.361553, 9.790671 ] }, { "date": "2026-06-05", "close": 7.751643, "volume": 2884254, "typical_volume": 44417236.75, "trend": 10.271409, "fair_value": 8.076764, "relative_strength": -21.141198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.524941, "energy": 92.354782, "activity_lines": [ 8.11496, 8.504103, 9.149849, 9.62112 ] }, { "date": "2026-06-12", "close": 7.476204, "volume": 4704376, "typical_volume": 39366886.45, "trend": 9.988615, "fair_value": 8.067872, "relative_strength": -23.730133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.083073, "energy": 91.643463, "activity_lines": [ 7.826405, 8.267009, 8.925953, 9.440784 ] }, { "date": "2026-06-19", "close": 7.141743, "volume": 13384430, "typical_volume": 31986134.4, "trend": 9.849007, "fair_value": 8.057946, "relative_strength": -27.858986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.945177, "energy": 92.936339, "activity_lines": [ 7.535227, 8.00099, 8.690317, 9.257115 ] }, { "date": "2026-06-26", "close": 6.807281, "volume": 4724290, "typical_volume": 28694662.15, "trend": 9.730583, "fair_value": 8.048956, "relative_strength": -29.837752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.502815, "energy": 95.556841, "activity_lines": [ 7.229621, 7.715037, 8.447104, 9.060875 ] }, { "date": "2026-07-03", "close": 7.7, "volume": 20353452, "typical_volume": 23523040.05, "trend": 9.627583, "fair_value": 8.045011, "relative_strength": -20.6566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.17314, "energy": 85.502035, "activity_lines": [ 7.323894, 7.637265, 8.315069, 8.929869 ] }, { "date": "2026-07-10", "close": 7.11, "volume": 28627741, "typical_volume": 22921802.85, "trend": 9.51125, "fair_value": 8.032662, "relative_strength": -25.442065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.539323, "energy": 74.263519, "activity_lines": [ 7.235436, 7.480583, 8.141985, 8.767445 ] }, { "date": "2026-07-17", "close": 6.95, "volume": 25160119, "typical_volume": 23005991.75, "trend": 9.388916, "fair_value": 8.020767, "relative_strength": -22.237061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.202326, "energy": 68.310872, "activity_lines": [ 7.13642, 7.327045, 7.969664, 8.602203 ] }, { "date": "2026-07-24", "close": 6.74, "volume": 24707978, "typical_volume": 22659813.0, "trend": 9.276583, "fair_value": 8.00771, "relative_strength": -25.132808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.250971, "energy": 67.337321, "activity_lines": [ 7.002485, 7.174583, 7.795057, 8.431305 ] }, { "date": "2026-07-31", "close": 7.19, "volume": 17839131, "typical_volume": 21958820.95, "trend": 9.16325, "fair_value": 7.997169, "relative_strength": -20.150876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.517861, "energy": 62.293613, "activity_lines": [ 7.045333, 7.137715, 7.681545, 8.296687 ] }, { "date": "2026-08-07", "close": 7.22, "volume": 18500339, "typical_volume": 21577388.45, "trend": 9.052583, "fair_value": 7.98762, "relative_strength": -21.644139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.770786, "energy": 56.525001, "activity_lines": [ 7.072667, 7.127244, 7.58589, 8.171316 ] } ], "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." } } }