{ "ticker": { "uuid": "3e8b870d-4d51-43f7-a391-a4e460309cd7", "symbol": "601998", "name": "China CITIC Bank Corporation Limited", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 53.368, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -24.765, "architecture_energy": 22.35, "architecture_maturity": 63.387, "architecture_confidence": 56.387, "architecture_tenure": "New", "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": 52.15, "rotation_up": 40.71, "upward_expansion": 21.91, "deceleration": 41.15, "rotation_down": 23.86, "downward_expansion": 55.91 }, "activity_lines": [ 7.548, 7.416256, 7.498501, 7.565926 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 7.46, "trend_reference": 7.586401, "distance_from_trend": -0.016661, "trend_direction": "Weakening", "fair_value": 6.598392, "distance_from_fair_value": 0.130578, "fair_value_direction": "Weakening", "relative_strength": -1.319231, "relative_strength_direction": "Improving", "price_momentum": 0.037552, "excess_performance": 0.080756, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016661, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.013715, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.130578, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.12156, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.013192, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.038525, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.037552, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.870891, "read": "Supply-led" } ], "volume": { "latest": 277117269, "relative_activity": 1.232832, "balance": 0.870891, "dry_up": 1.444935, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.048816, "annualized_volatility": 0.237812, "from_high_reference": -0.120283, "from_low_reference": 0.082729 }, "levels": { "trend_reference": 7.586401, "fair_value_reference": 6.598392, "structural_low": 6.89, "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": 14, "median_return": 0.008471, "positive_rate": 0.642857, "directional_follow_through": 0.357143, "median_excess_return": 0.00746, "regime_survival": 0.714286, "best_return": 0.07231, "worst_return": -0.039666, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.064874, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.077941, "regime_survival": 0.333333, "best_return": 0.12963, "worst_return": -0.038223, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.0719, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.108048, "regime_survival": 0.25, "best_return": 0.3, "worst_return": -0.025651, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.276772, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.180767, "regime_survival": 0.0, "best_return": 0.375109, "worst_return": -0.017269, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.001486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": 0.106707, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-31", "tenure": "Developing", "return": -0.027818, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": 0.101383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-08-08", "tenure": "Established", "return": 0.186464, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.081886, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.075, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-01-30", "tenure": "Established", "return": -0.092507, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": 0.008054, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.043915, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-03", "end": "2026-05-15", "tenure": "Developing", "return": -0.046419, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.049032, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": -0.06901, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.017735, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.386737, "volume": 273828357, "typical_volume": 264328981.1, "trend": 4.858671, "fair_value": 4.005281, "relative_strength": 18.794241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.445689, "energy": 12.42687, "activity_lines": [ 5.167094, 5.173605, 5.265305, 5.104907 ] }, { "date": "2023-08-04", "close": 5.262291, "volume": 305689733, "typical_volume": 270934668.55, "trend": 4.894507, "fair_value": 4.014024, "relative_strength": 14.86843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.289219, "energy": 16.600252, "activity_lines": [ 5.215557, 5.177854, 5.27293, 5.130947 ] }, { "date": "2023-08-11", "close": 4.977842, "volume": 177641168, "typical_volume": 263584003.65, "trend": 4.919181, "fair_value": 4.021423, "relative_strength": 11.359578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.379611, "energy": 8.609939, "activity_lines": [ 5.153583, 5.134838, 5.249467, 5.136324 ] }, { "date": "2023-08-18", "close": 4.960065, "volume": 190079219, "typical_volume": 264222738.15, "trend": 4.94158, "fair_value": 4.028516, "relative_strength": 12.274205, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.195133, "energy": 5.45401, "activity_lines": [ 5.085103, 5.098828, 5.222908, 5.138962 ] }, { "date": "2023-08-25", "close": 4.897841, "volume": 182043015, "typical_volume": 267929109.8, "trend": 4.962747, "fair_value": 4.035067, "relative_strength": 12.565827, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.989169, "energy": 26.306159, "activity_lines": [ 5.011621, 5.062369, 5.188545, 5.13614 ] }, { "date": "2023-09-01", "close": 4.862285, "volume": 219192805, "typical_volume": 268430598.65, "trend": 4.98553, "fair_value": 4.040959, "relative_strength": 8.649736, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.263366, "energy": 43.098462, "activity_lines": [ 4.933397, 5.0238, 5.149252, 5.129658 ] }, { "date": "2023-09-08", "close": 4.933398, "volume": 176715259, "typical_volume": 266548453.45, "trend": 5.011525, "fair_value": 4.047306, "relative_strength": 10.155866, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.686388, "energy": 44.866898, "activity_lines": [ 4.913842, 5.001784, 5.117041, 5.126295 ] }, { "date": "2023-09-15", "close": 5.031177, "volume": 186809666, "typical_volume": 257670154.75, "trend": 5.042741, "fair_value": 4.054472, "relative_strength": 11.692711, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.785727, "energy": 36.429254, "activity_lines": [ 4.948805, 4.999267, 5.094473, 5.127563 ] }, { "date": "2023-09-22", "close": 5.155623, "volume": 157401978, "typical_volume": 257685241.8, "trend": 5.077264, "fair_value": 4.062867, "relative_strength": 13.236593, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.535551, "energy": 10.913631, "activity_lines": [ 5.021695, 5.018247, 5.085823, 5.134845 ] }, { "date": "2023-09-29", "close": 5.08451, "volume": 112944823, "typical_volume": 224886087.3, "trend": 5.102691, "fair_value": 4.071045, "relative_strength": 11.850815, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.78739, "energy": 7.006168, "activity_lines": [ 5.057844, 5.025035, 5.073356, 5.135313 ] }, { "date": "2023-10-13", "close": 5.155623, "volume": 161573564, "typical_volume": 214524174.9, "trend": 5.132169, "fair_value": 4.079296, "relative_strength": 13.633504, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.514893, "energy": 10.220929, "activity_lines": [ 5.105252, 5.043298, 5.072077, 5.138728 ] }, { "date": "2023-10-20", "close": 5.040066, "volume": 163525445, "typical_volume": 205370052.7, "trend": 5.152751, "fair_value": 4.087524, "relative_strength": 14.366647, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.780679, "energy": 17.030349, "activity_lines": [ 5.094585, 5.044753, 5.062989, 5.132786 ] }, { "date": "2023-10-27", "close": 4.960065, "volume": 140487763, "typical_volume": 200654529.5, "trend": 5.161978, "fair_value": 4.095144, "relative_strength": 10.733427, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.507575, "energy": 16.378276, "activity_lines": [ 5.05014, 5.035702, 5.048506, 5.120354 ] }, { "date": "2023-11-03", "close": 4.844508, "volume": 234053245, "typical_volume": 197566831.7, "trend": 5.171277, "fair_value": 4.101927, "relative_strength": 7.244325, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.504337, "energy": 37.339852, "activity_lines": [ 4.971917, 5.005964, 5.025783, 5.099872 ] }, { "date": "2023-11-10", "close": 4.800063, "volume": 158746502, "typical_volume": 186792119.0, "trend": 5.178814, "fair_value": 4.10742, "relative_strength": 5.551454, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.453823, "energy": 59.271456, "activity_lines": [ 4.89962, 4.970247, 5.002224, 5.075923 ] }, { "date": "2023-11-17", "close": 4.800063, "volume": 115955994, "typical_volume": 185422171.5, "trend": 5.174579, "fair_value": 4.112913, "relative_strength": 4.533872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.369158, "energy": 66.400161, "activity_lines": [ 4.846286, 4.936307, 4.980271, 5.051488 ] }, { "date": "2023-11-24", "close": 4.844508, "volume": 99880020, "typical_volume": 181583494.8, "trend": 5.169304, "fair_value": 4.119792, "relative_strength": 5.503668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.408463, "energy": 65.191552, "activity_lines": [ 4.831471, 4.911579, 4.963796, 5.030193 ] }, { "date": "2023-12-01", "close": 4.853397, "volume": 151770251, "typical_volume": 180339483.6, "trend": 5.148911, "fair_value": 4.126441, "relative_strength": 5.538449, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.884326, "energy": 57.101261, "activity_lines": [ 4.832656, 4.890084, 4.949041, 5.009812 ] }, { "date": "2023-12-08", "close": 4.720061, "volume": 159868128, "typical_volume": 179637284.7, "trend": 5.113703, "fair_value": 4.132474, "relative_strength": 4.492481, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.203796, "energy": 54.226506, "activity_lines": [ 4.796507, 4.847579, 4.922138, 4.982144 ] }, { "date": "2023-12-15", "close": 4.666728, "volume": 131953754, "typical_volume": 175008034.45, "trend": 5.06887, "fair_value": 4.137735, "relative_strength": 3.89829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.051552, "energy": 52.15124, "activity_lines": [ 4.750877, 4.803295, 4.892424, 4.953307 ] }, { "date": "2023-12-22", "close": 4.675617, "volume": 106624280, "typical_volume": 166647830.6, "trend": 5.030499, "fair_value": 4.141569, "relative_strength": 4.739532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.634269, "energy": 58.658652, "activity_lines": [ 4.717099, 4.768224, 4.865164, 4.927936 ] }, { "date": "2023-12-29", "close": 4.702284, "volume": 118156994, "typical_volume": 157271193.65, "trend": 5.003667, "fair_value": 4.146483, "relative_strength": 2.899712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.059209, "energy": 60.763271, "activity_lines": [ 4.700506, 4.746729, 4.843831, 4.906761 ] }, { "date": "2024-01-05", "close": 5.040066, "volume": 206004587, "typical_volume": 158689364.6, "trend": 4.986973, "fair_value": 4.154137, "relative_strength": 11.492789, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.186548, "energy": 21.087764, "activity_lines": [ 4.805989, 4.79279, 4.857333, 4.909109 ] }, { "date": "2024-01-12", "close": 4.968954, "volume": 227349579, "typical_volume": 160552882.6, "trend": 4.967349, "fair_value": 4.161574, "relative_strength": 11.209034, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.759918, "energy": 14.625105, "activity_lines": [ 4.875323, 4.824467, 4.863767, 4.907946 ] }, { "date": "2024-01-19", "close": 4.986732, "volume": 210279823, "typical_volume": 161964723.0, "trend": 4.96233, "fair_value": 4.169269, "relative_strength": 12.978591, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.461533, "energy": 19.047215, "activity_lines": [ 4.933991, 4.857114, 4.871852, 4.909197 ] }, { "date": "2024-01-26", "close": 5.36007, "volume": 301195552, "typical_volume": 166064860.35, "trend": 4.972278, "fair_value": 4.179166, "relative_strength": 17.460004, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.185491, "energy": 41.302627, "activity_lines": [ 5.09577, 4.954247, 4.91507, 4.934858 ] }, { "date": "2024-02-02", "close": 5.404515, "volume": 414124807, "typical_volume": 177935337.75, "trend": 4.984829, "fair_value": 4.189395, "relative_strength": 25.210633, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.234702, "energy": 61.620032, "activity_lines": [ 5.226735, 5.049278, 4.96015, 4.962744 ] }, { "date": "2024-02-09", "close": 5.422293, "volume": 459564763, "typical_volume": 191573092.6, "trend": 4.999935, "fair_value": 4.19926, "relative_strength": 18.788496, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.583684, "energy": 66.791286, "activity_lines": [ 5.31681, 5.13736, 5.004679, 4.990967 ] }, { "date": "2024-02-23", "close": 5.884521, "volume": 339192538, "typical_volume": 200662620.6, "trend": 5.02288, "fair_value": 4.212662, "relative_strength": 21.944514, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.277325, "energy": 87.456791, "activity_lines": [ 5.53548, 5.29914, 5.091368, 5.048037 ] }, { "date": "2024-03-01", "close": 5.72452, "volume": 212632852, "typical_volume": 205647022.05, "trend": 5.046881, "fair_value": 4.22432, "relative_strength": 16.891826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.030561, "energy": 82.560392, "activity_lines": [ 5.639778, 5.410657, 5.159348, 5.093304 ] }, { "date": "2024-03-08", "close": 5.688963, "volume": 218231003, "typical_volume": 208479894.0, "trend": 5.056955, "fair_value": 4.234985, "relative_strength": 14.614704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.640566, "energy": 76.494335, "activity_lines": [ 5.683037, 5.496476, 5.220894, 5.134729 ] }, { "date": "2024-03-15", "close": 5.520072, "volume": 199160119, "typical_volume": 210261627.7, "trend": 5.065548, "fair_value": 4.245141, "relative_strength": 10.236599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.912487, "energy": 65.664882, "activity_lines": [ 5.648074, 5.533163, 5.263815, 5.164608 ] }, { "date": "2024-03-22", "close": 5.44896, "volume": 217264670, "typical_volume": 214100473.05, "trend": 5.081252, "fair_value": 4.25465, "relative_strength": 8.460083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.465754, "energy": 44.349403, "activity_lines": [ 5.581703, 5.542052, 5.297678, 5.189344 ] }, { "date": "2024-03-29", "close": 5.546739, "volume": 195716366, "typical_volume": 212183629.1, "trend": 5.100807, "fair_value": 4.265169, "relative_strength": 10.060697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.676339, "energy": 32.678511, "activity_lines": [ 5.546146, 5.561285, 5.338525, 5.219375 ] }, { "date": "2024-04-05", "close": 5.546739, "volume": 97566666, "typical_volume": 209124637.3, "trend": 5.122437, "fair_value": 4.275592, "relative_strength": 8.581942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.830471, "energy": 27.269783, "activity_lines": [ 5.533109, 5.570012, 5.376028, 5.248145 ] }, { "date": "2024-04-12", "close": 5.760076, "volume": 286747604, "typical_volume": 217664217.8, "trend": 5.152364, "fair_value": 4.286999, "relative_strength": 13.943745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.587805, "energy": 35.021515, "activity_lines": [ 5.603036, 5.607346, 5.430293, 5.289283 ] }, { "date": "2024-04-19", "close": 6.462306, "volume": 999618803, "typical_volume": 262651156.95, "trend": 5.203327, "fair_value": 4.3031, "relative_strength": 24.873083, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.510414, "energy": 59.137685, "activity_lines": [ 5.902299, 5.765085, 5.546866, 5.373795 ] }, { "date": "2024-04-26", "close": 6.115635, "volume": 443381445, "typical_volume": 277231716.65, "trend": 5.239476, "fair_value": 4.316499, "relative_strength": 16.610396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.406597, "energy": 65.907178, "activity_lines": [ 6.02319, 5.840561, 5.622719, 5.432654 ] }, { "date": "2024-05-03", "close": 6.115635, "volume": 134037520, "typical_volume": 275940186.25, "trend": 5.271476, "fair_value": 4.330138, "relative_strength": 15.408562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.989862, "energy": 72.417402, "activity_lines": [ 6.099635, 5.90343, 5.692561, 5.48918 ] }, { "date": "2024-05-10", "close": 6.266748, "volume": 301451668, "typical_volume": 284415081.95, "trend": 5.310884, "fair_value": 4.344555, "relative_strength": 15.949323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.195827, "energy": 78.146918, "activity_lines": [ 6.188525, 5.989573, 5.770149, 5.553391 ] }, { "date": "2024-05-17", "close": 6.240081, "volume": 301449603, "typical_volume": 294156348.1, "trend": 5.347033, "fair_value": 4.358704, "relative_strength": 15.156819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.688149, "energy": 69.607856, "activity_lines": [ 6.220525, 6.061008, 5.837579, 5.61334 ] }, { "date": "2024-05-24", "close": 6.293416, "volume": 243889371, "typical_volume": 300442966.95, "trend": 5.388811, "fair_value": 4.373626, "relative_strength": 18.325568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.462392, "energy": 68.948546, "activity_lines": [ 6.238304, 6.13212, 5.902638, 5.674397 ] }, { "date": "2024-05-31", "close": 6.408973, "volume": 233738279, "typical_volume": 301829651.55, "trend": 5.437108, "fair_value": 4.389911, "relative_strength": 20.173614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.833969, "energy": 65.399681, "activity_lines": [ 6.30586, 6.210182, 5.971126, 5.740214 ] }, { "date": "2024-06-07", "close": 6.16897, "volume": 209001916, "typical_volume": 300912268.4, "trend": 5.481257, "fair_value": 4.404036, "relative_strength": 16.621344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.207023, "energy": 49.693537, "activity_lines": [ 6.27386, 6.227152, 6.010237, 5.78743 ] }, { "date": "2024-06-14", "close": 5.760076, "volume": 484892615, "typical_volume": 314642908.0, "trend": 5.513257, "fair_value": 4.415491, "relative_strength": 9.337797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.682393, "energy": 29.896369, "activity_lines": [ 6.102006, 6.158464, 6.004692, 5.805419 ] }, { "date": "2024-06-21", "close": 5.920077, "volume": 431976161, "typical_volume": 321181938.45, "trend": 5.550591, "fair_value": 4.42826, "relative_strength": 13.348287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.591033, "energy": 20.260555, "activity_lines": [ 6.017264, 6.114989, 6.010703, 5.831665 ] }, { "date": "2024-06-28", "close": 5.955633, "volume": 282849187, "typical_volume": 314618157.45, "trend": 5.587629, "fair_value": 4.44116, "relative_strength": 14.656264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.285742, "energy": 21.768708, "activity_lines": [ 5.965708, 6.075069, 6.017433, 5.857797 ] }, { "date": "2024-07-05", "close": 6.088968, "volume": 221975970, "typical_volume": 302738717.8, "trend": 5.628814, "fair_value": 4.455107, "relative_strength": 17.297176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.536369, "energy": 20.82776, "activity_lines": [ 5.981115, 6.068605, 6.034237, 5.890141 ] }, { "date": "2024-07-12", "close": 6.053849, "volume": 228295735, "typical_volume": 297193877.65, "trend": 5.673274, "fair_value": 4.468828, "relative_strength": 15.194057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.951974, "energy": 14.328408, "activity_lines": [ 6.00615, 6.056239, 6.044523, 5.917563 ] }, { "date": "2024-07-19", "close": 6.01648, "volume": 215536050, "typical_volume": 297339037.55, "trend": 5.718266, "fair_value": 4.482837, "relative_strength": 13.489007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.344676, "energy": 12.991438, "activity_lines": [ 6.026403, 6.038203, 6.050442, 5.939705 ] }, { "date": "2024-07-26", "close": 5.708182, "volume": 257729590, "typical_volume": 299313966.9, "trend": 5.752684, "fair_value": 4.494774, "relative_strength": 10.635855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.826078, "energy": 5.295886, "activity_lines": [ 5.926796, 5.968663, 6.02561, 5.939055 ] }, { "date": "2024-08-02", "close": 5.885686, "volume": 194416728, "typical_volume": 299076797.35, "trend": 5.792131, "fair_value": 4.508135, "relative_strength": 12.966346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.578653, "energy": 11.25056, "activity_lines": [ 5.900484, 5.941067, 6.017592, 5.947636 ] }, { "date": "2024-08-09", "close": 5.726866, "volume": 173429102, "typical_volume": 296885018.95, "trend": 5.815025, "fair_value": 4.520671, "relative_strength": 11.14996, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.260686, "energy": 23.286183, "activity_lines": [ 5.825895, 5.892009, 5.992706, 5.943425 ] }, { "date": "2024-08-16", "close": 6.081876, "volume": 198625855, "typical_volume": 297030493.4, "trend": 5.852122, "fair_value": 4.535577, "relative_strength": 16.695613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.225121, "energy": 14.873052, "activity_lines": [ 5.893783, 5.919899, 6.000308, 5.960641 ] }, { "date": "2024-08-23", "close": 6.222011, "volume": 223288554, "typical_volume": 303316587.8, "trend": 5.893298, "fair_value": 4.551286, "relative_strength": 19.645785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.228408, "energy": 18.764722, "activity_lines": [ 6.006514, 5.974852, 6.018708, 5.984505 ] }, { "date": "2024-08-30", "close": 5.745551, "volume": 247609673, "typical_volume": 301359691.25, "trend": 5.906147, "fair_value": 4.56521, "relative_strength": 10.445781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.414506, "energy": 5.629659, "activity_lines": [ 5.946723, 5.934777, 5.988515, 5.974973 ] }, { "date": "2024-09-06", "close": 5.521334, "volume": 238651305, "typical_volume": 263311316.35, "trend": 5.910041, "fair_value": 4.577897, "relative_strength": 8.613791, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.98898, "energy": 19.075515, "activity_lines": [ 5.809702, 5.857109, 5.937037, 5.950146 ] }, { "date": "2024-09-13", "close": 5.427911, "volume": 185108085, "typical_volume": 250397648.35, "trend": 5.910228, "fair_value": 4.589532, "relative_strength": 8.695018, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.518735, "energy": 50.501834, "activity_lines": [ 5.665829, 5.770351, 5.881143, 5.919041 ] }, { "date": "2024-09-20", "close": 5.493308, "volume": 90279134, "typical_volume": 248209729.05, "trend": 5.897188, "fair_value": 4.601486, "relative_strength": 8.211155, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -64.738361, "energy": 71.746697, "activity_lines": [ 5.563687, 5.707502, 5.834752, 5.892143 ] }, { "date": "2024-09-27", "close": 6.212669, "volume": 344153857, "typical_volume": 250344838.5, "trend": 5.91346, "fair_value": 4.618201, "relative_strength": 8.033918, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -31.915972, "energy": 38.665929, "activity_lines": [ 5.740569, 5.785638, 5.859834, 5.912497 ] }, { "date": "2024-10-04", "close": 6.548994, "volume": 163444323, "typical_volume": 243444574.5, "trend": 5.942127, "fair_value": 4.636417, "relative_strength": 5.04077, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.719407, "energy": 20.833568, "activity_lines": [ 6.030182, 5.921357, 5.917206, 5.953499 ] }, { "date": "2024-10-11", "close": 6.278065, "volume": 551115783, "typical_volume": 258805895.1, "trend": 5.967394, "fair_value": 4.652493, "relative_strength": 4.072782, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.718723, "energy": 28.1221, "activity_lines": [ 6.175922, 5.992529, 5.947303, 5.975172 ] }, { "date": "2024-10-18", "close": 6.4182, "volume": 423823421, "typical_volume": 268310152.2, "trend": 5.999702, "fair_value": 4.670223, "relative_strength": 4.645982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.273669, "energy": 37.946499, "activity_lines": [ 6.317926, 6.082046, 5.99082, 6.004256 ] }, { "date": "2024-10-25", "close": 6.287408, "volume": 227038069, "typical_volume": 269211959.85, "trend": 6.024391, "fair_value": 4.68757, "relative_strength": 1.105435, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.138533, "energy": 44.393921, "activity_lines": [ 6.350313, 6.135212, 6.021836, 6.022818 ] }, { "date": "2024-11-01", "close": 6.222011, "volume": 231603643, "typical_volume": 256547511.25, "trend": 6.0469, "fair_value": 4.704446, "relative_strength": 0.635502, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.294901, "energy": 41.499831, "activity_lines": [ 6.307961, 6.172751, 6.04606, 6.035568 ] }, { "date": "2024-11-08", "close": 6.29675, "volume": 246356999, "typical_volume": 247266553.15, "trend": 6.064789, "fair_value": 4.7216, "relative_strength": -3.695119, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.986729, "energy": 25.418943, "activity_lines": [ 6.289899, 6.22388, 6.075203, 6.051687 ] }, { "date": "2024-11-15", "close": 6.128588, "volume": 285728504, "typical_volume": 247410519.0, "trend": 6.053665, "fair_value": 4.737727, "relative_strength": -3.102131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.722786, "energy": 21.918041, "activity_lines": [ 6.232599, 6.234411, 6.086536, 6.055803 ] }, { "date": "2024-11-22", "close": 6.165957, "volume": 366328929, "typical_volume": 254628166.95, "trend": 6.055342, "fair_value": 4.75384, "relative_strength": -0.932251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.147583, "energy": 17.917797, "activity_lines": [ 6.197721, 6.240696, 6.100605, 6.063048 ] }, { "date": "2024-11-29", "close": 6.343462, "volume": 312883266, "typical_volume": 258857543.5, "trend": 6.062937, "fair_value": 4.771596, "relative_strength": -0.212301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.339124, "energy": 22.080792, "activity_lines": [ 6.238828, 6.265835, 6.131212, 6.081636 ] }, { "date": "2024-12-06", "close": 6.782553, "volume": 427216735, "typical_volume": 269441577.75, "trend": 6.08013, "fair_value": 4.792369, "relative_strength": 3.852874, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.065367, "energy": 45.713418, "activity_lines": [ 6.422561, 6.355352, 6.202259, 6.128063 ] }, { "date": "2024-12-13", "close": 6.544213, "volume": 488389131, "typical_volume": 280974554.8, "trend": 6.090268, "fair_value": 4.811563, "relative_strength": 0.22237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.609491, "energy": 51.150147, "activity_lines": [ 6.489478, 6.391173, 6.246958, 6.158004 ] }, { "date": "2024-12-20", "close": 6.438816, "volume": 425111341, "typical_volume": 292509285.45, "trend": 6.095115, "fair_value": 4.830032, "relative_strength": -1.016818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.14775, "energy": 49.32172, "activity_lines": [ 6.504765, 6.407918, 6.277639, 6.180491 ] }, { "date": "2024-12-27", "close": 6.649611, "volume": 435631698, "typical_volume": 305619415.25, "trend": 6.103136, "fair_value": 4.849952, "relative_strength": 0.906209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.326852, "energy": 60.842989, "activity_lines": [ 6.569635, 6.460066, 6.325761, 6.216265 ] }, { "date": "2025-01-03", "close": 6.505887, "volume": 401566226, "typical_volume": 315766433.8, "trend": 6.114366, "fair_value": 4.868749, "relative_strength": 4.06686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.241426, "energy": 41.946865, "activity_lines": [ 6.554354, 6.481875, 6.355801, 6.242249 ] }, { "date": "2025-01-10", "close": 6.46756, "volume": 329621490, "typical_volume": 321083080.6, "trend": 6.137949, "fair_value": 4.8872, "relative_strength": 4.523703, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.796645, "energy": 33.788817, "activity_lines": [ 6.515468, 6.492743, 6.380172, 6.265036 ] }, { "date": "2025-01-17", "close": 6.381326, "volume": 393596938, "typical_volume": 328382443.85, "trend": 6.153324, "fair_value": 4.905249, "relative_strength": 0.556395, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.695024, "energy": 25.539877, "activity_lines": [ 6.468838, 6.483468, 6.395161, 6.280737 ] }, { "date": "2025-01-24", "close": 6.256766, "volume": 491381930, "typical_volume": 341018975.1, "trend": 6.163362, "fair_value": 4.922096, "relative_strength": -1.890961, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.494243, "energy": 15.59994, "activity_lines": [ 6.391547, 6.450008, 6.39526, 6.287411 ] }, { "date": "2025-01-31", "close": 6.362163, "volume": 102563483, "typical_volume": 336891745.0, "trend": 6.172468, "fair_value": 4.939569, "relative_strength": -0.28902, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.077874, "energy": 16.967636, "activity_lines": [ 6.361524, 6.43338, 6.401894, 6.300237 ] }, { "date": "2025-02-07", "close": 6.237603, "volume": 269953010, "typical_volume": 345875438.8, "trend": 6.178594, "fair_value": 4.955839, "relative_strength": -3.725174, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.891111, "energy": 11.493977, "activity_lines": [ 6.309145, 6.390538, 6.392217, 6.304439 ] }, { "date": "2025-02-14", "close": 6.199276, "volume": 529188296, "typical_volume": 355127160.75, "trend": 6.184687, "fair_value": 4.972116, "relative_strength": -5.510997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.229579, "energy": 12.917774, "activity_lines": [ 6.261876, 6.342652, 6.375345, 6.305773 ] }, { "date": "2025-02-21", "close": 6.343, "volume": 696899706, "typical_volume": 381799929.9, "trend": 6.205847, "fair_value": 4.988759, "relative_strength": -4.170708, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.808804, "energy": 11.745616, "activity_lines": [ 6.2804, 6.331502, 6.372225, 6.315987 ] }, { "date": "2025-02-28", "close": 6.611284, "volume": 832158915, "typical_volume": 395852086.5, "trend": 6.230034, "fair_value": 5.007677, "relative_strength": 1.534102, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.058594, "energy": 16.078575, "activity_lines": [ 6.390908, 6.37279, 6.395637, 6.342144 ] }, { "date": "2025-03-07", "close": 6.7071, "volume": 497399969, "typical_volume": 399530913.9, "trend": 6.262708, "fair_value": 5.026149, "relative_strength": 1.307843, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.799061, "energy": 43.349409, "activity_lines": [ 6.509719, 6.428363, 6.426587, 6.372923 ] }, { "date": "2025-03-14", "close": 6.869987, "volume": 463467029, "typical_volume": 411352361.9, "trend": 6.288979, "fair_value": 5.046019, "relative_strength": 2.139423, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.064355, "energy": 66.950986, "activity_lines": [ 6.659831, 6.512507, 6.471674, 6.412102 ] }, { "date": "2025-03-21", "close": 6.908313, "volume": 400927524, "typical_volume": 419818555.95, "trend": 6.311856, "fair_value": 5.067043, "relative_strength": 4.109718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.580483, "energy": 75.844497, "activity_lines": [ 6.780559, 6.596999, 6.517638, 6.452059 ] }, { "date": "2025-03-28", "close": 6.812497, "volume": 354013155, "typical_volume": 425201363.75, "trend": 6.34742, "fair_value": 5.0872, "relative_strength": 2.870495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.136158, "energy": 72.814649, "activity_lines": [ 6.822079, 6.656056, 6.551208, 6.484359 ] }, { "date": "2025-04-04", "close": 6.917894, "volume": 243416353, "typical_volume": 423085756.2, "trend": 6.393972, "fair_value": 5.108537, "relative_strength": 4.485437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.587189, "energy": 74.667461, "activity_lines": [ 6.867431, 6.726437, 6.59236, 6.521163 ] }, { "date": "2025-04-11", "close": 6.726263, "volume": 497658134, "typical_volume": 429652216.45, "trend": 6.437251, "fair_value": 5.12905, "relative_strength": 4.674747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.21589, "energy": 48.510733, "activity_lines": [ 6.828466, 6.749956, 6.611503, 6.542601 ] }, { "date": "2025-04-18", "close": 7.090363, "volume": 319250003, "typical_volume": 429970553.3, "trend": 6.490486, "fair_value": 5.151493, "relative_strength": 8.985617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.144304, "energy": 49.759462, "activity_lines": [ 6.90959, 6.833054, 6.662654, 6.584738 ] }, { "date": "2025-04-25", "close": 6.898731, "volume": 226789143, "typical_volume": 419949173.7, "trend": 6.513355, "fair_value": 5.169277, "relative_strength": 5.334245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.873296, "energy": 41.453179, "activity_lines": [ 6.912145, 6.865805, 6.691997, 6.611076 ] }, { "date": "2025-05-02", "close": 6.908313, "volume": 197371653, "typical_volume": 405398299.8, "trend": 6.525332, "fair_value": 5.187878, "relative_strength": 5.855765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.777124, "energy": 37.036288, "activity_lines": [ 6.918533, 6.887582, 6.7217, 6.636557 ] }, { "date": "2025-05-09", "close": 7.157434, "volume": 242084836, "typical_volume": 396246974.55, "trend": 6.554644, "fair_value": 5.207724, "relative_strength": 7.445631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.923021, "energy": 46.023988, "activity_lines": [ 7.001574, 6.944374, 6.773395, 6.677338 ] }, { "date": "2025-05-16", "close": 7.214923, "volume": 272400387, "typical_volume": 388085409.0, "trend": 6.581202, "fair_value": 5.228291, "relative_strength": 7.319769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.787371, "energy": 45.466017, "activity_lines": [ 7.087808, 7.00169, 6.827143, 6.719937 ] }, { "date": "2025-05-23", "close": 7.473626, "volume": 304866044, "typical_volume": 383250399.9, "trend": 6.620742, "fair_value": 5.25082, "relative_strength": 11.592542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.722367, "energy": 64.039722, "activity_lines": [ 7.227699, 7.096809, 6.902838, 6.777512 ] }, { "date": "2025-05-30", "close": 7.626931, "volume": 255017473, "typical_volume": 379520199.05, "trend": 6.667573, "fair_value": 5.276299, "relative_strength": 13.690742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.127233, "energy": 79.07927, "activity_lines": [ 7.393141, 7.208826, 6.988524, 6.842428 ] }, { "date": "2025-06-06", "close": 8.058102, "volume": 271305846, "typical_volume": 373405644.45, "trend": 6.726285, "fair_value": 5.304289, "relative_strength": 18.367047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.634864, "energy": 89.265318, "activity_lines": [ 7.653759, 7.386172, 7.109754, 6.932139 ] }, { "date": "2025-06-13", "close": 7.99103, "volume": 401233260, "typical_volume": 368898210.95, "trend": 6.788366, "fair_value": 5.332102, "relative_strength": 17.149336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.414463, "energy": 89.453005, "activity_lines": [ 7.815368, 7.528676, 7.216611, 7.013736 ] }, { "date": "2025-06-20", "close": 8.335966, "volume": 266838892, "typical_volume": 377111981.4, "trend": 6.8607, "fair_value": 5.362075, "relative_strength": 22.238752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.49592, "energy": 93.070895, "activity_lines": [ 8.036383, 7.714384, 7.348061, 7.113581 ] }, { "date": "2025-06-27", "close": 8.106009, "volume": 378034641, "typical_volume": 382516062.95, "trend": 6.919451, "fair_value": 5.390424, "relative_strength": 16.236735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.805486, "energy": 86.014682, "activity_lines": [ 8.106009, 7.829015, 7.448212, 7.193923 ] }, { "date": "2025-07-04", "close": 8.518018, "volume": 301729504, "typical_volume": 371143123.35, "trend": 6.9773, "fair_value": 5.421009, "relative_strength": 20.012201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.128038, "energy": 85.951642, "activity_lines": [ 8.270812, 8.000089, 7.578704, 7.297057 ] }, { "date": "2025-07-11", "close": 8.313696, "volume": 335971384, "typical_volume": 353096707.25, "trend": 7.036283, "fair_value": 5.450184, "relative_strength": 15.510437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.771268, "energy": 73.787961, "activity_lines": [ 8.308103, 8.104573, 7.678695, 7.383276 ] }, { "date": "2025-07-18", "close": 8.26485, "volume": 276776703, "typical_volume": 325327596.65, "trend": 7.097151, "fair_value": 5.479096, "relative_strength": 13.699834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.186678, "energy": 63.250032, "activity_lines": [ 8.312071, 8.174624, 7.76465, 7.462538 ] }, { "date": "2025-07-25", "close": 7.952231, "volume": 305484117, "typical_volume": 315731804.05, "trend": 7.140571, "fair_value": 5.506156, "relative_strength": 7.358545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.775078, "energy": 54.53854, "activity_lines": [ 8.193579, 8.167699, 7.812957, 7.517705 ] }, { "date": "2025-08-01", "close": 8.001077, "volume": 278188007, "typical_volume": 306467852.95, "trend": 7.190411, "fair_value": 5.53373, "relative_strength": 8.815539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.275865, "energy": 40.287734, "activity_lines": [ 8.116951, 8.15625, 7.859987, 7.573221 ] }, { "date": "2025-08-08", "close": 8.196465, "volume": 225840470, "typical_volume": 297713500.25, "trend": 7.248041, "fair_value": 5.563365, "relative_strength": 8.91004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.619576, "energy": 35.670714, "activity_lines": [ 8.112448, 8.170736, 7.92024, 7.638128 ] }, { "date": "2025-08-15", "close": 7.874076, "volume": 269364708, "typical_volume": 293481077.9, "trend": 7.2978, "fair_value": 5.590175, "relative_strength": 2.864674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.64308, "energy": 24.398577, "activity_lines": [ 8.021919, 8.116251, 7.943655, 7.678517 ] }, { "date": "2025-08-22", "close": 7.834999, "volume": 327247198, "typical_volume": 297672620.15, "trend": 7.350407, "fair_value": 5.6169, "relative_strength": -0.975489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.406741, "energy": 20.708158, "activity_lines": [ 7.947672, 8.058007, 7.958293, 7.713175 ] }, { "date": "2025-08-29", "close": 7.717767, "volume": 427403271, "typical_volume": 294159877.0, "trend": 7.395594, "fair_value": 5.643251, "relative_strength": -3.251579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.681842, "energy": 18.678186, "activity_lines": [ 7.863004, 7.981285, 7.957399, 7.736876 ] }, { "date": "2025-09-05", "close": 7.629843, "volume": 422529585, "typical_volume": 299323856.1, "trend": 7.442002, "fair_value": 5.668931, "relative_strength": -3.218962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.66437, "energy": 15.144868, "activity_lines": [ 7.76466, 7.899817, 7.943409, 7.751989 ] }, { "date": "2025-09-12", "close": 7.629843, "volume": 267339362, "typical_volume": 301351367.05, "trend": 7.489688, "fair_value": 5.694395, "relative_strength": -4.639318, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.764289, "energy": 17.298264, "activity_lines": [ 7.691064, 7.827006, 7.926851, 7.764108 ] }, { "date": "2025-09-19", "close": 7.229301, "volume": 274086666, "typical_volume": 305187117.7, "trend": 7.519231, "fair_value": 5.717237, "relative_strength": -8.352952, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -20.715559, "energy": 33.831781, "activity_lines": [ 7.521729, 7.697518, 7.868664, 7.747308 ] }, { "date": "2025-09-26", "close": 7.229301, "volume": 255543443, "typical_volume": 305860048.05, "trend": 7.539832, "fair_value": 5.738948, "relative_strength": -8.439398, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.742873, "energy": 57.055119, "activity_lines": [ 7.395379, 7.587746, 7.808949, 7.728603 ] }, { "date": "2025-10-03", "close": 7.033914, "volume": 141873618, "typical_volume": 299333709.6, "trend": 7.550725, "fair_value": 5.759082, "relative_strength": -12.044332, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.522451, "energy": 68.382258, "activity_lines": [ 7.24428, 7.461278, 7.730284, 7.695963 ] }, { "date": "2025-10-10", "close": 7.09253, "volume": 110765816, "typical_volume": 289628698.2, "trend": 7.558144, "fair_value": 5.780078, "relative_strength": -11.527398, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.348819, "energy": 70.962496, "activity_lines": [ 7.15831, 7.362164, 7.658063, 7.666402 ] }, { "date": "2025-10-17", "close": 7.610304, "volume": 488555996, "typical_volume": 301305624.35, "trend": 7.581543, "fair_value": 5.803799, "relative_strength": -3.665416, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.099962, "energy": 44.340854, "activity_lines": [ 7.280752, 7.373709, 7.636968, 7.669768 ] }, { "date": "2025-10-24", "close": 7.756845, "volume": 325493924, "typical_volume": 304015028.25, "trend": 7.613022, "fair_value": 5.828945, "relative_strength": -4.610313, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.479738, "energy": 17.485899, "activity_lines": [ 7.453344, 7.422556, 7.629909, 7.681077 ] }, { "date": "2025-10-31", "close": 7.561458, "volume": 360764722, "typical_volume": 301991601.35, "trend": 7.634474, "fair_value": 5.852192, "relative_strength": -7.127385, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.745644, "energy": 11.316658, "activity_lines": [ 7.525637, 7.438009, 7.605676, 7.677751 ] }, { "date": "2025-11-07", "close": 7.922923, "volume": 345586122, "typical_volume": 305928962.85, "trend": 7.674362, "fair_value": 5.87808, "relative_strength": -3.870674, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.428055, "energy": 22.81581, "activity_lines": [ 7.696275, 7.524157, 7.617914, 7.69636 ] }, { "date": "2025-11-14", "close": 7.854537, "volume": 218641276, "typical_volume": 297959294.6, "trend": 7.699835, "fair_value": 5.904714, "relative_strength": -4.645815, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.046497, "energy": 23.743882, "activity_lines": [ 7.78485, 7.594141, 7.625606, 7.707985 ] }, { "date": "2025-11-21", "close": 7.92, "volume": 273999604, "typical_volume": 296572799.6, "trend": 7.733877, "fair_value": 5.931661, "relative_strength": -0.115499, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.977955, "energy": 24.577163, "activity_lines": [ 7.844445, 7.671941, 7.64073, 7.722189 ] }, { "date": "2025-11-28", "close": 7.76, "volume": 243758517, "typical_volume": 291962156.25, "trend": 7.762267, "fair_value": 5.956666, "relative_strength": -3.564463, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.550998, "energy": 22.367149, "activity_lines": [ 7.830061, 7.715376, 7.643463, 7.723874 ] }, { "date": "2025-12-05", "close": 7.73, "volume": 252505729, "typical_volume": 290748607.55, "trend": 7.781352, "fair_value": 5.981586, "relative_strength": -4.27655, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.163452, "energy": 15.976042, "activity_lines": [ 7.805466, 7.743706, 7.645976, 7.721792 ] }, { "date": "2025-12-12", "close": 7.46, "volume": 283989213, "typical_volume": 289673862.35, "trend": 7.789521, "fair_value": 6.002188, "relative_strength": -7.290554, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.003252, "energy": 13.806562, "activity_lines": [ 7.679636, 7.713843, 7.625322, 7.70106 ] }, { "date": "2025-12-19", "close": 7.46, "volume": 240336781, "typical_volume": 287781301.05, "trend": 7.789067, "fair_value": 6.023491, "relative_strength": -7.321807, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.41154, "energy": 23.164685, "activity_lines": [ 7.584667, 7.676232, 7.607011, 7.679801 ] }, { "date": "2025-12-26", "close": 7.42, "volume": 188231706, "typical_volume": 285900862.85, "trend": 7.782169, "fair_value": 6.043513, "relative_strength": -9.451403, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.834266, "energy": 30.454169, "activity_lines": [ 7.502667, 7.624667, 7.587468, 7.65599 ] }, { "date": "2026-01-02", "close": 7.7, "volume": 190923859, "typical_volume": 281978820.4, "trend": 7.770233, "fair_value": 6.0656, "relative_strength": -6.081764, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.982736, "energy": 24.123577, "activity_lines": [ 7.547333, 7.627471, 7.598289, 7.650688 ] }, { "date": "2026-01-09", "close": 7.39, "volume": 475581459, "typical_volume": 289395533.45, "trend": 7.750198, "fair_value": 6.08667, "relative_strength": -12.978273, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.239882, "energy": 36.218247, "activity_lines": [ 7.492667, 7.574945, 7.580415, 7.626157 ] }, { "date": "2026-01-16", "close": 7.61, "volume": 385566235, "typical_volume": 287303681.65, "trend": 7.726, "fair_value": 6.108611, "relative_strength": -9.888016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.301853, "energy": 23.402231, "activity_lines": [ 7.534, 7.565537, 7.585612, 7.617112 ] }, { "date": "2026-01-23", "close": 7.38, "volume": 362906409, "typical_volume": 284322522.85, "trend": 7.701799, "fair_value": 6.128755, "relative_strength": -13.22221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.484682, "energy": 25.721027, "activity_lines": [ 7.488667, 7.52, 7.569418, 7.59479 ] }, { "date": "2026-01-30", "close": 7.19, "volume": 447821514, "typical_volume": 293346630.45, "trend": 7.657532, "fair_value": 6.147357, "relative_strength": -14.914264, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.061828, "energy": 45.763943, "activity_lines": [ 7.385333, 7.448545, 7.536318, 7.56177 ] }, { "date": "2026-02-06", "close": 7.45, "volume": 371926632, "typical_volume": 298238628.75, "trend": 7.628742, "fair_value": 6.167787, "relative_strength": -10.655328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.09431, "energy": 35.34079, "activity_lines": [ 7.384, 7.437636, 7.530075, 7.548381 ] }, { "date": "2026-02-13", "close": 7.34, "volume": 204725057, "typical_volume": 295697709.45, "trend": 7.597914, "fair_value": 6.188051, "relative_strength": -12.285495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.584249, "energy": 43.849483, "activity_lines": [ 7.362667, 7.412364, 7.512304, 7.529753 ] }, { "date": "2026-02-27", "close": 7.2, "volume": 148454612, "typical_volume": 296026759.15, "trend": 7.572839, "fair_value": 6.20758, "relative_strength": -15.511774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.621051, "energy": 50.338971, "activity_lines": [ 7.298, 7.368727, 7.480673, 7.504081 ] }, { "date": "2026-03-06", "close": 7.27, "volume": 298038756, "typical_volume": 305390406.15, "trend": 7.54847, "fair_value": 6.227934, "relative_strength": -13.705247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.410131, "energy": 37.663804, "activity_lines": [ 7.284, 7.342545, 7.454918, 7.484543 ] }, { "date": "2026-03-13", "close": 7.51, "volume": 275789295, "typical_volume": 294752071.1, "trend": 7.525588, "fair_value": 6.249666, "relative_strength": -10.099579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.072744, "energy": 24.922647, "activity_lines": [ 7.357333, 7.363455, 7.451175, 7.482061 ] }, { "date": "2026-03-20", "close": 7.97, "volume": 407969832, "typical_volume": 298875866.5, "trend": 7.528785, "fair_value": 6.273052, "relative_strength": -1.260988, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.727198, "energy": 12.215817, "activity_lines": [ 7.562667, 7.466364, 7.491719, 7.510733 ] }, { "date": "2026-03-27", "close": 8.32, "volume": 430301256, "typical_volume": 302352693.2, "trend": 7.544952, "fair_value": 6.299005, "relative_strength": 4.144813, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.054638, "energy": 54.098275, "activity_lines": [ 7.85, 7.628, 7.564581, 7.561779 ] }, { "date": "2026-04-03", "close": 8.28, "volume": 214790413, "typical_volume": 295812907.75, "trend": 7.563693, "fair_value": 6.323732, "relative_strength": 4.4428, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.16601, "energy": 72.807405, "activity_lines": [ 8.058667, 7.765455, 7.630022, 7.609201 ] }, { "date": "2026-04-10", "close": 8.002872, "volume": 159155571, "typical_volume": 292838622.5, "trend": 7.576128, "fair_value": 6.345012, "relative_strength": -1.682748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.233433, "energy": 72.200638, "activity_lines": [ 8.102957, 7.84034, 7.667369, 7.637535 ] }, { "date": "2026-04-17", "close": 7.983376, "volume": 159612369, "typical_volume": 287119260.75, "trend": 7.587912, "fair_value": 6.366921, "relative_strength": -3.403629, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.717679, "energy": 70.004052, "activity_lines": [ 8.091891, 7.900357, 7.702153, 7.663809 ] }, { "date": "2026-04-24", "close": 8.13934, "volume": 209802641, "typical_volume": 285421466.95, "trend": 7.618247, "fair_value": 6.389776, "relative_strength": -2.047926, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.027495, "energy": 57.030025, "activity_lines": [ 8.101255, 7.974305, 7.751489, 7.699385 ] }, { "date": "2026-05-01", "close": 8.197826, "volume": 237064854, "typical_volume": 284649423.2, "trend": 7.650531, "fair_value": 6.410742, "relative_strength": -2.02542, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.515054, "energy": 43.536879, "activity_lines": [ 8.118824, 8.046353, 7.804588, 7.736778 ] }, { "date": "2026-05-08", "close": 8.051611, "volume": 183479595, "typical_volume": 279623942.3, "trend": 7.684454, "fair_value": 6.430286, "relative_strength": -5.171736, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.736587, "energy": 38.01825, "activity_lines": [ 8.0958, 8.076221, 7.841535, 7.762654 ] }, { "date": "2026-05-15", "close": 7.895648, "volume": 241474455, "typical_volume": 279680826.0, "trend": 7.711225, "fair_value": 6.445866, "relative_strength": -5.799264, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.014837, "energy": 29.957317, "activity_lines": [ 8.036015, 8.062247, 7.860811, 7.776279 ] }, { "date": "2026-05-22", "close": 7.554477, "volume": 254629196, "typical_volume": 283000700.5, "trend": 7.709364, "fair_value": 6.457265, "relative_strength": -9.113152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.808516, "energy": 13.592509, "activity_lines": [ 7.869653, 7.974867, 7.84552, 7.766166 ] }, { "date": "2026-05-29", "close": 7.232803, "volume": 347480245, "typical_volume": 290828519.8, "trend": 7.691896, "fair_value": 6.465092, "relative_strength": -11.653144, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.068914, "energy": 25.039816, "activity_lines": [ 7.624661, 7.828192, 7.798953, 7.735421 ] }, { "date": "2026-06-05", "close": 7.184064, "volume": 69055523, "typical_volume": 270502223.0, "trend": 7.679316, "fair_value": 6.473793, "relative_strength": -10.937735, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.186363, "energy": 39.097222, "activity_lines": [ 7.423858, 7.686059, 7.749969, 7.702657 ] }, { "date": "2026-06-12", "close": 7.68, "volume": 56767830, "typical_volume": 254062302.75, "trend": 7.671218, "fair_value": 6.487721, "relative_strength": -4.442598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.274836, "energy": 32.473531, "activity_lines": [ 7.455951, 7.65475, 7.749197, 7.702701 ] }, { "date": "2026-06-19", "close": 7.27, "volume": 244108922, "typical_volume": 248122428.4, "trend": 7.651734, "fair_value": 6.498805, "relative_strength": -10.338527, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.436515, "energy": 49.391803, "activity_lines": [ 7.376152, 7.559804, 7.709045, 7.676816 ] }, { "date": "2026-06-26", "close": 7.13, "volume": 52133792, "typical_volume": 228338042.3, "trend": 7.625401, "fair_value": 6.508884, "relative_strength": -10.064846, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.775173, "energy": 57.623076, "activity_lines": [ 7.291395, 7.452729, 7.656083, 7.643156 ] }, { "date": "2026-07-03", "close": 6.99, "volume": 64818877, "typical_volume": 212982654.55, "trend": 7.599734, "fair_value": 6.52076, "relative_strength": -11.636609, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.396506, "energy": 58.223291, "activity_lines": [ 7.188271, 7.335715, 7.590073, 7.602162 ] }, { "date": "2026-07-10", "close": 7.15, "volume": 271768154, "typical_volume": 216334809.4, "trend": 7.580401, "fair_value": 6.534147, "relative_strength": -7.939231, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.325745, "energy": 68.717035, "activity_lines": [ 7.154667, 7.268689, 7.541492, 7.573147 ] }, { "date": "2026-07-17", "close": 7.33, "volume": 335527385, "typical_volume": 225688448.05, "trend": 7.576067, "fair_value": 6.548904, "relative_strength": 0.614751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.81676, "energy": 56.075667, "activity_lines": [ 7.183333, 7.253441, 7.510959, 7.556992 ] }, { "date": "2026-07-24", "close": 7.61, "volume": 359529297, "typical_volume": 228762975.1, "trend": 7.581067, "fair_value": 6.565832, "relative_strength": 3.440356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.690912, "energy": 28.856438, "activity_lines": [ 7.328667, 7.302223, 7.506473, 7.559182 ] }, { "date": "2026-07-31", "close": 7.82, "volume": 327001593, "typical_volume": 231323590.0, "trend": 7.594401, "fair_value": 6.582652, "relative_strength": 5.975818, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.993794, "energy": 16.084764, "activity_lines": [ 7.521333, 7.394381, 7.520368, 7.574597 ] }, { "date": "2026-08-07", "close": 7.46, "volume": 277117269, "typical_volume": 224780961.85, "trend": 7.586401, "fair_value": 6.598392, "relative_strength": -1.319231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.764926, "energy": 22.349884, "activity_lines": [ 7.548, 7.416256, 7.498501, 7.565926 ] } ], "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." } } }