{ "ticker": { "uuid": "3fb4983e-6217-4158-b0e5-40285ce372fe", "symbol": "300500", "name": "Tus-Design Group Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.43, "architecture_energy": 59.699, "architecture_maturity": 78.182, "architecture_confidence": 91.44, "architecture_tenure": "Extended", "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": 8.74, "rotation_up": 19.03, "upward_expansion": 10.14, "deceleration": 57.29, "rotation_down": 63.29, "downward_expansion": 83.47 }, "activity_lines": [ 8.686, 8.886, 9.705095, 10.240538 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 9.09, "trend_reference": 10.973, "distance_from_trend": -0.171603, "trend_direction": "Weakening", "fair_value": 12.070991, "distance_from_fair_value": -0.246955, "fair_value_direction": "Weakening", "relative_strength": -29.764876, "relative_strength_direction": "Weakening", "price_momentum": -0.284252, "excess_performance": -0.291652, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.171603, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.142891, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.246955, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.197442, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.297649, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048627, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.284252, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.256749, "read": "Supply-led" } ], "volume": { "latest": 15940090, "relative_activity": 0.935109, "balance": 0.256749, "dry_up": 1.092361, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.091986, "annualized_volatility": 0.34949, "from_high_reference": -0.500549, "from_low_reference": 0.210386 }, "levels": { "trend_reference": 10.973, "fair_value_reference": 12.070991, "structural_low": 7.51, "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": 23, "median_return": -0.035673, "positive_rate": 0.304348, "directional_follow_through": 0.695652, "median_excess_return": 0.010055, "regime_survival": 0.913043, "best_return": 0.283312, "worst_return": -0.457163, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.109622, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.089526, "regime_survival": 0.75, "best_return": 0.148675, "worst_return": -0.269498, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.207229, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.209079, "regime_survival": 0.6, "best_return": 0.347566, "worst_return": -0.3569, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.11379, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.157413, "regime_survival": 0.0, "best_return": -0.0942, "worst_return": -0.133381, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-25", "end": "2023-09-08", "tenure": "New", "return": -0.015578, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-15", "end": "2023-10-13", "tenure": "New", "return": -0.046992, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2024-05-17", "tenure": "Extended", "return": -0.269884, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-24", "end": "2024-05-31", "tenure": "New", "return": -0.201023, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-07", "end": "2024-10-11", "tenure": "Established", "return": 0.227147, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.218699, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.091093, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-05-30", "tenure": "Established", "return": 0.032411, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.027778, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-09-05", "tenure": "Developing", "return": 0.271985, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-11-07", "tenure": "Developing", "return": -0.004208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": -0.166896, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.044, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-08-07", "tenure": "Extended", "return": -0.284252, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 19.015575, "volume": 87239992, "typical_volume": 32789611.1, "trend": 16.795475, "fair_value": 16.93513, "relative_strength": 21.620133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.124085, "energy": 28.027765, "activity_lines": [ 18.228657, 18.090037, 17.82496, 17.4218 ] }, { "date": "2023-08-04", "close": 18.858585, "volume": 54892633, "typical_volume": 33955459.05, "trend": 16.989581, "fair_value": 16.968428, "relative_strength": 18.770918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.138668, "energy": 36.243678, "activity_lines": [ 18.502083, 18.25506, 17.965661, 17.554904 ] }, { "date": "2023-08-11", "close": 18.03438, "volume": 41426514, "typical_volume": 34125708.75, "trend": 17.118839, "fair_value": 16.997059, "relative_strength": 17.705179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.872168, "energy": 40.600044, "activity_lines": [ 18.436016, 18.235615, 18.010861, 17.62231 ] }, { "date": "2023-08-18", "close": 17.239613, "volume": 19858428, "typical_volume": 34360626.75, "trend": 17.154656, "fair_value": 17.018623, "relative_strength": 15.756515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.364285, "energy": 21.834202, "activity_lines": [ 18.086711, 18.055788, 17.973883, 17.630102 ] }, { "date": "2023-08-25", "close": 16.376162, "volume": 15621912, "typical_volume": 33838747.3, "trend": 17.171767, "fair_value": 17.033914, "relative_strength": 13.103178, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.170488, "energy": 7.094256, "activity_lines": [ 17.44501, 17.751796, 17.846629, 17.579877 ] }, { "date": "2023-09-01", "close": 16.837322, "volume": 21396090, "typical_volume": 33592638.1, "trend": 17.199049, "fair_value": 17.049943, "relative_strength": 12.221501, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.346178, "energy": 19.692076, "activity_lines": [ 17.089163, 17.572684, 17.763033, 17.5583 ] }, { "date": "2023-09-08", "close": 16.12105, "volume": 15272370, "typical_volume": 33098554.05, "trend": 17.186207, "fair_value": 17.057747, "relative_strength": 8.967087, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.838464, "energy": 36.766739, "activity_lines": [ 16.639775, 17.275828, 17.611176, 17.488751 ] }, { "date": "2023-09-15", "close": 15.659887, "volume": 9310720, "typical_volume": 32555910.0, "trend": 17.172292, "fair_value": 17.058406, "relative_strength": 7.032374, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.146424, "energy": 52.501301, "activity_lines": [ 16.219169, 16.927235, 17.408924, 17.390279 ] }, { "date": "2023-09-22", "close": 15.748194, "volume": 7954510, "typical_volume": 31247503.9, "trend": 17.17107, "fair_value": 17.057536, "relative_strength": 6.988083, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.760011, "energy": 55.935693, "activity_lines": [ 15.986298, 16.632877, 17.216466, 17.298402 ] }, { "date": "2023-09-29", "close": 15.797256, "volume": 6172923, "typical_volume": 27066330.25, "trend": 17.166934, "fair_value": 17.060616, "relative_strength": 7.662071, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.70389, "energy": 54.785695, "activity_lines": [ 15.869209, 16.373306, 17.050025, 17.209769 ] }, { "date": "2023-10-13", "close": 14.92399, "volume": 11073674, "typical_volume": 25944768.95, "trend": 17.107364, "fair_value": 17.050213, "relative_strength": 1.937832, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.186305, "energy": 67.562803, "activity_lines": [ 15.499625, 16.001522, 16.814286, 17.065063 ] }, { "date": "2023-10-20", "close": 14.433392, "volume": 7503320, "typical_volume": 24891836.6, "trend": 17.078891, "fair_value": 17.044365, "relative_strength": 3.339858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.489819, "energy": 70.599287, "activity_lines": [ 15.094064, 15.614931, 16.545533, 16.892548 ] }, { "date": "2023-10-27", "close": 14.708126, "volume": 13405270, "typical_volume": 24253122.35, "trend": 17.013426, "fair_value": 17.039846, "relative_strength": 2.781531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.787005, "energy": 67.309781, "activity_lines": [ 14.892592, 15.358749, 16.314952, 16.739596 ] }, { "date": "2023-11-03", "close": 14.649255, "volume": 7488433, "typical_volume": 21560299.1, "trend": 16.983372, "fair_value": 17.032857, "relative_strength": 1.211949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.645976, "energy": 73.26799, "activity_lines": [ 14.734946, 15.152341, 16.090445, 16.587068 ] }, { "date": "2023-11-10", "close": 14.766999, "volume": 8584021, "typical_volume": 20414440.95, "trend": 16.93157, "fair_value": 17.016643, "relative_strength": 0.486015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.607626, "energy": 72.459824, "activity_lines": [ 14.689811, 15.014438, 15.898084, 16.444077 ] }, { "date": "2023-11-17", "close": 15.267409, "volume": 12433854, "typical_volume": 20336749.05, "trend": 16.879548, "fair_value": 17.002528, "relative_strength": 3.554627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.953805, "energy": 56.039453, "activity_lines": [ 14.880163, 14.996777, 15.77179, 16.336711 ] }, { "date": "2023-11-24", "close": 14.825871, "volume": 11909450, "typical_volume": 20132914.15, "trend": 16.881706, "fair_value": 16.998272, "relative_strength": 1.749383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.006065, "energy": 44.988163, "activity_lines": [ 14.900442, 14.92738, 15.614191, 16.204216 ] }, { "date": "2023-12-01", "close": 14.698315, "volume": 8465013, "typical_volume": 19861391.9, "trend": 16.839963, "fair_value": 16.992644, "relative_strength": 1.863837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.130838, "energy": 43.439749, "activity_lines": [ 14.852036, 14.858339, 15.459022, 16.063352 ] }, { "date": "2023-12-08", "close": 14.011477, "volume": 7859393, "typical_volume": 19702448.05, "trend": 16.632655, "fair_value": 16.985631, "relative_strength": -1.292957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.221648, "energy": 52.045124, "activity_lines": [ 14.575338, 14.681902, 15.253018, 15.880869 ] }, { "date": "2023-12-15", "close": 14.080162, "volume": 8956440, "typical_volume": 18841248.0, "trend": 16.478334, "fair_value": 16.981399, "relative_strength": 0.720708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.634822, "energy": 64.42438, "activity_lines": [ 14.364054, 14.54953, 15.0686, 15.716192 ] }, { "date": "2023-12-22", "close": 13.66806, "volume": 8745020, "typical_volume": 14916499.4, "trend": 16.340502, "fair_value": 16.975388, "relative_strength": -0.828437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.05161, "energy": 77.66526, "activity_lines": [ 14.061192, 14.37345, 14.865305, 15.534884 ] }, { "date": "2023-12-29", "close": 14.060537, "volume": 7683620, "typical_volume": 12556048.75, "trend": 16.244026, "fair_value": 16.97103, "relative_strength": -1.560649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.601658, "energy": 71.348056, "activity_lines": [ 13.995779, 14.291565, 14.724854, 15.38779 ] }, { "date": "2024-01-05", "close": 14.040914, "volume": 6055200, "typical_volume": 10787483.05, "trend": 16.140019, "fair_value": 16.97363, "relative_strength": 2.249368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.093801, "energy": 57.712996, "activity_lines": [ 13.974847, 14.212891, 14.605382, 15.245654 ] }, { "date": "2024-01-12", "close": 13.972229, "volume": 10136390, "typical_volume": 10301381.15, "trend": 15.970926, "fair_value": 16.977946, "relative_strength": 2.623944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.165829, "energy": 50.717753, "activity_lines": [ 13.974846, 14.13386, 14.498385, 15.105796 ] }, { "date": "2024-01-19", "close": 12.706488, "volume": 8585710, "typical_volume": 9949571.05, "trend": 15.773379, "fair_value": 16.978275, "relative_strength": -4.693466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.551273, "energy": 60.456589, "activity_lines": [ 13.555549, 13.837003, 14.2864, 14.895187 ] }, { "date": "2024-01-26", "close": 12.902726, "volume": 14493770, "typical_volume": 9604455.05, "trend": 15.619331, "fair_value": 16.979739, "relative_strength": -3.046263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.118034, "energy": 58.387, "activity_lines": [ 13.293242, 13.613291, 14.110579, 14.709984 ] }, { "date": "2024-02-02", "close": 9.625532, "volume": 15556870, "typical_volume": 9618680.05, "trend": 15.343942, "fair_value": 16.967771, "relative_strength": -21.199076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.398023, "energy": 89.229262, "activity_lines": [ 11.98956, 12.836719, 13.64138, 14.323287 ] }, { "date": "2024-02-09", "close": 7.584644, "volume": 30723719, "typical_volume": 10689330.0, "trend": 15.004775, "fair_value": 16.943583, "relative_strength": -42.951825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.891547, "energy": 97.459977, "activity_lines": [ 10.301249, 11.783628, 13.008742, 13.822687 ] }, { "date": "2024-02-23", "close": 9.596096, "volume": 25468579, "typical_volume": 11565033.45, "trend": 14.752281, "fair_value": 16.932105, "relative_strength": -29.514934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.389922, "energy": 88.717209, "activity_lines": [ 9.713839, 11.225595, 12.606125, 13.47374 ] }, { "date": "2024-03-01", "close": 9.272301, "volume": 25100518, "typical_volume": 12511413.2, "trend": 14.449418, "fair_value": 16.923848, "relative_strength": -34.202159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.040192, "energy": 88.177459, "activity_lines": [ 9.310241, 10.68897, 12.201966, 13.120193 ] }, { "date": "2024-03-08", "close": 9.193806, "volume": 16535850, "typical_volume": 12784522.0, "trend": 14.122026, "fair_value": 16.920139, "relative_strength": -33.997595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.776358, "energy": 81.359752, "activity_lines": [ 9.109423, 10.225489, 11.821402, 12.781121 ] }, { "date": "2024-03-15", "close": 9.733463, "volume": 16897304, "typical_volume": 13254221.2, "trend": 13.817855, "fair_value": 16.919642, "relative_strength": -31.60223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.79397, "energy": 62.335525, "activity_lines": [ 9.335752, 9.941477, 11.51952, 12.497988 ] }, { "date": "2024-03-22", "close": 9.939515, "volume": 18625804, "typical_volume": 13515247.9, "trend": 13.548026, "fair_value": 16.916402, "relative_strength": -29.423424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.459175, "energy": 54.202867, "activity_lines": [ 9.62357, 9.773603, 11.259644, 12.247773 ] }, { "date": "2024-03-29", "close": 9.861019, "volume": 13469730, "typical_volume": 13814312.75, "trend": 13.302073, "fair_value": 16.911611, "relative_strength": -28.467564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.889261, "energy": 44.264084, "activity_lines": [ 9.72823, 9.666029, 11.014999, 12.009901 ] }, { "date": "2024-04-05", "close": 9.91008, "volume": 9743422, "typical_volume": 13872282.8, "trend": 13.086537, "fair_value": 16.903438, "relative_strength": -28.827185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.191048, "energy": 38.260814, "activity_lines": [ 9.831584, 9.642123, 10.797828, 11.791063 ] }, { "date": "2024-04-12", "close": 8.811138, "volume": 14291486, "typical_volume": 13965164.4, "trend": 12.818998, "fair_value": 16.879043, "relative_strength": -34.227073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.785469, "energy": 42.328663, "activity_lines": [ 9.526104, 9.469254, 10.499123, 11.515231 ] }, { "date": "2024-04-19", "close": 8.516781, "volume": 27809406, "typical_volume": 14760162.2, "trend": 12.565522, "fair_value": 16.851283, "relative_strength": -36.399631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.23792, "energy": 48.097322, "activity_lines": [ 9.148017, 9.317258, 10.203129, 11.237669 ] }, { "date": "2024-04-26", "close": 9.282113, "volume": 51978526, "typical_volume": 16935837.85, "trend": 12.35293, "fair_value": 16.833542, "relative_strength": -31.629624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.676063, "energy": 42.672396, "activity_lines": [ 9.106152, 9.324572, 10.010067, 11.025836 ] }, { "date": "2024-05-03", "close": 9.076062, "volume": 10927250, "typical_volume": 17089230.7, "trend": 12.130525, "fair_value": 16.813556, "relative_strength": -33.702174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.129643, "energy": 44.160142, "activity_lines": [ 9.039431, 9.26356, 9.823173, 10.814425 ] }, { "date": "2024-05-10", "close": 9.645156, "volume": 23362233, "typical_volume": 17809520.35, "trend": 11.925455, "fair_value": 16.799681, "relative_strength": -30.19788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.550855, "energy": 40.78271, "activity_lines": [ 9.214738, 9.315474, 9.71398, 10.654078 ] }, { "date": "2024-05-17", "close": 10.538044, "volume": 41880971, "typical_volume": 19466317.9, "trend": 11.779257, "fair_value": 16.790915, "relative_strength": -22.807684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.22286, "energy": 23.831837, "activity_lines": [ 9.705336, 9.522952, 9.710943, 10.564568 ] }, { "date": "2024-05-24", "close": 13.422761, "volume": 103532448, "typical_volume": 24258759.3, "trend": 11.745569, "fair_value": 16.805998, "relative_strength": 1.678348, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 18.269037, "energy": 25.398387, "activity_lines": [ 11.042379, 10.230484, 9.997545, 10.670601 ] }, { "date": "2024-05-31", "close": 10.724471, "volume": 103710505, "typical_volume": 29141524.55, "trend": 11.612781, "fair_value": 16.805572, "relative_strength": -17.719625, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -4.461104, "energy": 22.775868, "activity_lines": [ 11.152927, 10.380339, 10.030205, 10.604723 ] }, { "date": "2024-06-07", "close": 9.291925, "volume": 55012629, "typical_volume": 31385336.5, "trend": 11.434203, "fair_value": 16.794546, "relative_strength": -27.320691, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.309618, "energy": 22.037295, "activity_lines": [ 10.689802, 10.25546, 9.942225, 10.454991 ] }, { "date": "2024-06-14", "close": 10.148766, "volume": 31886963, "typical_volume": 32550399.15, "trend": 11.280262, "fair_value": 16.787965, "relative_strength": -20.073512, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.922161, "energy": 14.435011, "activity_lines": [ 10.497901, 10.296717, 9.958135, 10.372059 ] }, { "date": "2024-06-21", "close": 10.464682, "volume": 61359447, "typical_volume": 34893683.0, "trend": 11.120171, "fair_value": 16.785073, "relative_strength": -15.156436, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.093743, "energy": 14.130145, "activity_lines": [ 10.37773, 10.391073, 10.016312, 10.319441 ] }, { "date": "2024-06-28", "close": 11.057021, "volume": 73528538, "typical_volume": 37792266.4, "trend": 10.994543, "fair_value": 16.783636, "relative_strength": -7.644222, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.604572, "energy": 10.599869, "activity_lines": [ 10.459897, 10.563063, 10.142513, 10.315367 ] }, { "date": "2024-07-05", "close": 10.069787, "volume": 44186760, "typical_volume": 38465418.45, "trend": 10.840259, "fair_value": 16.77581, "relative_strength": -13.886719, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.199036, "energy": 10.841411, "activity_lines": [ 10.370701, 10.50937, 10.167874, 10.255705 ] }, { "date": "2024-07-12", "close": 10.099404, "volume": 29837279, "typical_volume": 38683853.45, "trend": 10.709856, "fair_value": 16.76534, "relative_strength": -14.591687, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.513158, "energy": 10.980546, "activity_lines": [ 10.335024, 10.44674, 10.184222, 10.207908 ] }, { "date": "2024-07-19", "close": 9.901958, "volume": 27457285, "typical_volume": 38801691.8, "trend": 10.570583, "fair_value": 16.753046, "relative_strength": -16.096854, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.154742, "energy": 9.54989, "activity_lines": [ 10.179699, 10.329605, 10.179369, 10.155786 ] }, { "date": "2024-07-26", "close": 10.662128, "volume": 39591129, "typical_volume": 39954455.75, "trend": 10.470385, "fair_value": 16.711032, "relative_strength": -6.017385, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.721649, "energy": 7.380365, "activity_lines": [ 10.294219, 10.346013, 10.243915, 10.161692 ] }, { "date": "2024-08-02", "close": 10.938553, "volume": 43832276, "typical_volume": 41301204.35, "trend": 10.366319, "fair_value": 16.652282, "relative_strength": -2.493138, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.546793, "energy": 7.583404, "activity_lines": [ 10.487716, 10.410425, 10.327795, 10.191896 ] }, { "date": "2024-08-09", "close": 10.87932, "volume": 35440521, "typical_volume": 42141940.2, "trend": 10.260932, "fair_value": 16.60309, "relative_strength": -0.566413, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.3331, "energy": 13.930156, "activity_lines": [ 10.669368, 10.509234, 10.400295, 10.224993 ] }, { "date": "2024-08-16", "close": 9.645277, "volume": 44926686, "typical_volume": 43714788.0, "trend": 10.116701, "fair_value": 16.494812, "relative_strength": -10.693418, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.342904, "energy": 14.200313, "activity_lines": [ 10.385703, 10.380856, 10.350792, 10.185273 ] }, { "date": "2024-08-23", "close": 9.349107, "volume": 18310515, "typical_volume": 44143142.65, "trend": 10.004788, "fair_value": 16.379108, "relative_strength": -10.962702, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.33891, "energy": 7.538682, "activity_lines": [ 10.033589, 10.192205, 10.27411, 10.135751 ] }, { "date": "2024-08-30", "close": 9.951319, "volume": 44810422, "typical_volume": 45669089.45, "trend": 9.906408, "fair_value": 16.291238, "relative_strength": -6.478685, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.007402, "energy": 14.958762, "activity_lines": [ 9.91907, 10.127586, 10.257452, 10.132302 ] }, { "date": "2024-09-06", "close": 9.536681, "volume": 19828410, "typical_volume": 45270039.65, "trend": 9.903446, "fair_value": 16.198411, "relative_strength": -7.355511, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.377272, "energy": 21.044158, "activity_lines": [ 9.713725, 9.996912, 10.195876, 10.108448 ] }, { "date": "2024-09-13", "close": 9.724256, "volume": 17407814, "typical_volume": 43541504.05, "trend": 9.974766, "fair_value": 16.113556, "relative_strength": -3.216371, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.628207, "energy": 24.588253, "activity_lines": [ 9.664363, 9.927985, 10.147307, 10.096888 ] }, { "date": "2024-09-20", "close": 9.497191, "volume": 14288700, "typical_volume": 43709576.55, "trend": 9.97147, "fair_value": 16.046499, "relative_strength": -5.985552, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.175869, "energy": 22.895934, "activity_lines": [ 9.616318, 9.824056, 10.075008, 10.066076 ] }, { "date": "2024-09-27", "close": 10.593021, "volume": 24637491, "typical_volume": 43773339.45, "trend": 10.015493, "fair_value": 15.968579, "relative_strength": -10.412049, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.410232, "energy": 4.803242, "activity_lines": [ 9.943421, 9.930318, 10.105068, 10.106177 ] }, { "date": "2024-10-04", "close": 12.093617, "volume": 13910920, "typical_volume": 42374836.9, "trend": 10.112154, "fair_value": 15.88438, "relative_strength": -7.005467, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.035902, "energy": 38.735596, "activity_lines": [ 10.687796, 10.296851, 10.273528, 10.240249 ] }, { "date": "2024-10-11", "close": 11.402554, "volume": 41778458, "typical_volume": 39287137.4, "trend": 10.16779, "fair_value": 15.80457, "relative_strength": -7.614397, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.931341, "energy": 46.757627, "activity_lines": [ 11.058996, 10.511709, 10.368766, 10.323501 ] }, { "date": "2024-10-18", "close": 12.142979, "volume": 35584909, "typical_volume": 35880857.6, "trend": 10.241239, "fair_value": 15.726588, "relative_strength": -3.969351, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.07873, "energy": 65.614216, "activity_lines": [ 11.552613, 10.852754, 10.54414, 10.450932 ] }, { "date": "2024-10-25", "close": 12.508256, "volume": 27802799, "typical_volume": 34520366.1, "trend": 10.32948, "fair_value": 15.654238, "relative_strength": -3.018002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.530231, "energy": 75.105399, "activity_lines": [ 12.006741, 11.237237, 10.747547, 10.597191 ] }, { "date": "2024-11-01", "close": 11.353191, "volume": 32409473, "typical_volume": 34546491.6, "trend": 10.377584, "fair_value": 15.589265, "relative_strength": -9.992228, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.576697, "energy": 63.046787, "activity_lines": [ 11.875109, 11.359654, 10.825633, 10.663237 ] }, { "date": "2024-11-08", "close": 12.10349, "volume": 23713610, "typical_volume": 32664199.75, "trend": 10.487329, "fair_value": 15.530841, "relative_strength": -9.534918, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.972948, "energy": 57.427832, "activity_lines": [ 11.9429, 11.582051, 10.96944, 10.774586 ] }, { "date": "2024-11-15", "close": 12.152852, "volume": 32366911, "typical_volume": 30606118.4, "trend": 10.608531, "fair_value": 15.491054, "relative_strength": -5.14669, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.18147, "energy": 47.202585, "activity_lines": [ 12.026486, 11.774292, 11.110144, 10.882039 ] }, { "date": "2024-11-22", "close": 11.906043, "volume": 23925869, "typical_volume": 29593073.85, "trend": 10.695996, "fair_value": 15.442233, "relative_strength": -3.706367, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.249112, "energy": 35.086823, "activity_lines": [ 11.977782, 11.874092, 11.222125, 10.965749 ] }, { "date": "2024-11-29", "close": 12.241702, "volume": 17692278, "typical_volume": 28985823.8, "trend": 10.801517, "fair_value": 15.398109, "relative_strength": -2.04406, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.862231, "energy": 38.566243, "activity_lines": [ 12.056761, 11.995253, 11.357329, 11.065472 ] }, { "date": "2024-12-06", "close": 12.636596, "volume": 24298270, "typical_volume": 28827873.05, "trend": 10.901232, "fair_value": 15.364281, "relative_strength": -0.010322, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.533567, "energy": 41.038389, "activity_lines": [ 12.285141, 12.138312, 11.51994, 11.183865 ] }, { "date": "2024-12-13", "close": 13.219065, "volume": 30931830, "typical_volume": 28394908.1, "trend": 10.990599, "fair_value": 15.32251, "relative_strength": 5.766842, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.494467, "energy": 50.251704, "activity_lines": [ 12.622117, 12.350119, 11.725003, 11.333402 ] }, { "date": "2024-12-20", "close": 12.478639, "volume": 23952780, "typical_volume": 27400933.3, "trend": 10.959128, "fair_value": 15.273073, "relative_strength": 1.012197, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.036469, "energy": 44.910847, "activity_lines": [ 12.637913, 12.40684, 11.847373, 11.429405 ] }, { "date": "2024-12-27", "close": 10.691745, "volume": 23517229, "typical_volume": 26804768.7, "trend": 10.958037, "fair_value": 15.178025, "relative_strength": -12.868775, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.774571, "energy": 18.607999, "activity_lines": [ 12.036358, 12.119106, 11.792229, 11.412154 ] }, { "date": "2025-01-03", "close": 9.556426, "volume": 17666139, "typical_volume": 25441741.35, "trend": 10.966854, "fair_value": 15.067811, "relative_strength": -15.396346, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 1.045977, "energy": 11.527584, "activity_lines": [ 11.137317, 11.651337, 11.629852, 11.321728 ] }, { "date": "2025-01-10", "close": 9.487319, "volume": 13950659, "typical_volume": 25223748.55, "trend": 10.944806, "fair_value": 14.968644, "relative_strength": -14.315241, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.421779, "energy": 38.778098, "activity_lines": [ 10.394258, 11.224672, 11.461317, 11.226274 ] }, { "date": "2025-01-17", "close": 9.753873, "volume": 13379590, "typical_volume": 23652206.95, "trend": 10.921112, "fair_value": 14.87249, "relative_strength": -14.209598, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.50147, "energy": 51.624294, "activity_lines": [ 9.950003, 10.880397, 11.31751, 11.149439 ] }, { "date": "2025-01-24", "close": 9.674894, "volume": 12977993, "typical_volume": 23309686.1, "trend": 10.875041, "fair_value": 14.790113, "relative_strength": -15.253564, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.724324, "energy": 60.536699, "activity_lines": [ 9.710434, 10.564482, 11.167122, 11.069038 ] }, { "date": "2025-01-31", "close": 9.674894, "volume": 2481903, "typical_volume": 22563390.55, "trend": 10.861878, "fair_value": 14.706371, "relative_strength": -13.331981, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.808417, "energy": 59.301747, "activity_lines": [ 9.657782, 10.293621, 11.016075, 10.991609 ] }, { "date": "2025-02-07", "close": 10.286979, "volume": 9944180, "typical_volume": 22346164.55, "trend": 10.868131, "fair_value": 14.630154, "relative_strength": -11.162499, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.926019, "energy": 40.908516, "activity_lines": [ 9.876948, 10.174614, 10.923557, 10.954519 ] }, { "date": "2025-02-14", "close": 10.583149, "volume": 17118536, "typical_volume": 21970216.8, "trend": 10.890837, "fair_value": 14.566269, "relative_strength": -10.276048, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.508493, "energy": 21.954979, "activity_lines": [ 10.146134, 10.144997, 10.855485, 10.936133 ] }, { "date": "2025-02-21", "close": 10.642383, "volume": 20375347, "typical_volume": 22293438.15, "trend": 10.890179, "fair_value": 14.508602, "relative_strength": -11.62053, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.769069, "energy": 13.288457, "activity_lines": [ 10.362009, 10.163485, 10.793101, 10.920104 ] }, { "date": "2025-02-28", "close": 11.293957, "volume": 67233641, "typical_volume": 23566197.3, "trend": 10.902026, "fair_value": 14.457409, "relative_strength": -2.988543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.956084, "energy": 12.058959, "activity_lines": [ 10.735841, 10.34729, 10.799683, 10.946154 ] }, { "date": "2025-03-07", "close": 11.26434, "volume": 36046664, "typical_volume": 23589285.05, "trend": 10.91486, "fair_value": 14.378701, "relative_strength": -5.412741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.618207, "energy": 15.733805, "activity_lines": [ 10.991864, 10.54725, 10.80396, 10.969529 ] }, { "date": "2025-03-14", "close": 11.254468, "volume": 22030520, "typical_volume": 23300671.1, "trend": 10.9685, "fair_value": 14.303407, "relative_strength": -6.674636, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.809933, "energy": 17.23998, "activity_lines": [ 11.138632, 10.735003, 10.811482, 10.991439 ] }, { "date": "2025-03-21", "close": 11.748085, "volume": 47785249, "typical_volume": 24069459.9, "trend": 11.048465, "fair_value": 14.225998, "relative_strength": -0.036432, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.913445, "energy": 23.623922, "activity_lines": [ 11.385441, 10.981632, 10.871986, 11.041735 ] }, { "date": "2025-03-28", "close": 10.731235, "volume": 26654596, "typical_volume": 24216509.2, "trend": 11.074463, "fair_value": 14.140891, "relative_strength": -7.938172, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.615287, "energy": 14.249804, "activity_lines": [ 11.215637, 11.002275, 10.833766, 11.021269 ] }, { "date": "2025-04-04", "close": 10.810213, "volume": 11378660, "typical_volume": 23167096.65, "trend": 11.116914, "fair_value": 14.05865, "relative_strength": -5.106754, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.682536, "energy": 9.711489, "activity_lines": [ 11.066236, 11.019506, 10.809602, 11.00422 ] }, { "date": "2025-04-11", "close": 9.832851, "volume": 21253926, "typical_volume": 23033499.5, "trend": 11.120534, "fair_value": 13.947165, "relative_strength": -9.094815, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.019252, "energy": 21.619817, "activity_lines": [ 10.623297, 10.838394, 10.698749, 10.921378 ] }, { "date": "2025-04-18", "close": 10.089532, "volume": 11606704, "typical_volume": 22729220.8, "trend": 11.140278, "fair_value": 13.86341, "relative_strength": -6.40439, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.931784, "energy": 30.563677, "activity_lines": [ 10.361351, 10.701079, 10.622215, 10.854861 ] }, { "date": "2025-04-25", "close": 10.148766, "volume": 13403180, "typical_volume": 22184466.3, "trend": 11.12547, "fair_value": 13.794194, "relative_strength": -7.209313, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.513198, "energy": 39.835411, "activity_lines": [ 10.196811, 10.578123, 10.561571, 10.790893 ] }, { "date": "2025-05-02", "close": 10.780596, "volume": 14175090, "typical_volume": 21346629.3, "trend": 11.081702, "fair_value": 13.724806, "relative_strength": -1.505168, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.767519, "energy": 31.851242, "activity_lines": [ 10.349504, 10.577944, 10.572948, 10.768643 ] }, { "date": "2025-05-09", "close": 11.145872, "volume": 15556719, "typical_volume": 20926826.25, "trend": 11.073146, "fair_value": 13.675086, "relative_strength": -0.639829, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.057456, "energy": 11.969707, "activity_lines": [ 10.620664, 10.641665, 10.630724, 10.772783 ] }, { "date": "2025-05-16", "close": 11.856681, "volume": 30992440, "typical_volume": 21300586.8, "trend": 11.063603, "fair_value": 13.633091, "relative_strength": 5.004026, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.68455, "energy": 14.750772, "activity_lines": [ 11.106383, 10.837317, 10.762544, 10.823334 ] }, { "date": "2025-05-23", "close": 11.37, "volume": 67023717, "typical_volume": 23768465.7, "trend": 11.025661, "fair_value": 13.602135, "relative_strength": 1.695491, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.31843, "energy": 17.013561, "activity_lines": [ 11.294953, 10.933711, 10.842465, 10.843101 ] }, { "date": "2025-05-30", "close": 11.66, "volume": 22497800, "typical_volume": 24195822.75, "trend": 11.035888, "fair_value": 13.573535, "relative_strength": 5.21319, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.555773, "energy": 34.907434, "activity_lines": [ 11.494826, 11.080733, 10.941369, 10.884026 ] }, { "date": "2025-06-06", "close": 11.88, "volume": 16217880, "typical_volume": 24337737.25, "trend": 11.028439, "fair_value": 13.529702, "relative_strength": 5.393639, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.399312, "energy": 48.419363, "activity_lines": [ 11.667282, 11.269356, 11.05088, 10.938485 ] }, { "date": "2025-06-13", "close": 11.55, "volume": 17160282, "typical_volume": 24546851.7, "trend": 11.008343, "fair_value": 13.480151, "relative_strength": 3.010461, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.793894, "energy": 38.667668, "activity_lines": [ 11.656445, 11.377092, 11.118838, 10.972134 ] }, { "date": "2025-06-20", "close": 11.03, "volume": 15788203, "typical_volume": 25212166.7, "trend": 10.979142, "fair_value": 13.433352, "relative_strength": -0.386177, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 24.003976, "energy": 25.52533, "activity_lines": [ 11.445333, 11.376832, 11.128342, 10.973531 ] }, { "date": "2025-06-27", "close": 12.02, "volume": 17876923, "typical_volume": 25608803.85, "trend": 10.971752, "fair_value": 13.397931, "relative_strength": 4.814325, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.413185, "energy": 35.689318, "activity_lines": [ 11.619333, 11.534805, 11.22568, 11.040683 ] }, { "date": "2025-07-04", "close": 12.35, "volume": 22029970, "typical_volume": 25854375.55, "trend": 10.962199, "fair_value": 13.367792, "relative_strength": 6.325779, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.609059, "energy": 38.918212, "activity_lines": [ 11.86, 11.71768, 11.346194, 11.129603 ] }, { "date": "2025-07-11", "close": 12.87, "volume": 38991280, "typical_volume": 26785172.2, "trend": 10.950563, "fair_value": 13.340858, "relative_strength": 8.743544, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.868103, "energy": 61.256458, "activity_lines": [ 12.228, 11.955077, 11.507817, 11.252687 ] }, { "date": "2025-07-18", "close": 12.98, "volume": 22654960, "typical_volume": 24556238.15, "trend": 10.967275, "fair_value": 13.309753, "relative_strength": 7.340999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.329041, "energy": 72.262312, "activity_lines": [ 12.566667, 12.174485, 11.66931, 11.383618 ] }, { "date": "2025-07-25", "close": 13.54, "volume": 126819346, "typical_volume": 29094872.25, "trend": 11.062217, "fair_value": 13.284738, "relative_strength": 9.475275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.305006, "energy": 74.139802, "activity_lines": [ 12.996667, 12.462364, 11.876107, 11.5496 ] }, { "date": "2025-08-01", "close": 16.08, "volume": 90336675, "typical_volume": 32510180.0, "trend": 11.27967, "fair_value": 13.280943, "relative_strength": 31.682454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.871454, "energy": 89.367013, "activity_lines": [ 14.106, 13.181455, 12.313972, 11.873328 ] }, { "date": "2025-08-08", "close": 15.54, "volume": 120293508, "typical_volume": 36135592.95, "trend": 11.481426, "fair_value": 13.270186, "relative_strength": 25.47188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.270981, "energy": 87.735435, "activity_lines": [ 14.764667, 13.716727, 12.67743, 12.148188 ] }, { "date": "2025-08-15", "close": 14.8, "volume": 73635380, "typical_volume": 38484632.15, "trend": 11.64963, "fair_value": 13.249748, "relative_strength": 14.069561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.769817, "energy": 81.628613, "activity_lines": [ 14.964, 14.046909, 12.952355, 12.36229 ] }, { "date": "2025-08-22", "close": 14.67, "volume": 33755951, "typical_volume": 39603496.7, "trend": 11.816133, "fair_value": 13.231477, "relative_strength": 8.011385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.422074, "energy": 79.963242, "activity_lines": [ 14.991333, 14.300364, 13.195524, 12.557152 ] }, { "date": "2025-08-29", "close": 13.78, "volume": 31208109, "typical_volume": 40101205.85, "trend": 11.95297, "fair_value": 13.216751, "relative_strength": -2.598663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.458741, "energy": 50.616131, "activity_lines": [ 14.609333, 14.335273, 13.335551, 12.683854 ] }, { "date": "2025-09-05", "close": 14.03, "volume": 24428198, "typical_volume": 40742280.55, "trend": 12.077738, "fair_value": 13.199689, "relative_strength": 0.1013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.270552, "energy": 34.796365, "activity_lines": [ 14.294667, 14.365636, 13.480592, 12.817855 ] }, { "date": "2025-09-12", "close": 14.26, "volume": 17975255, "typical_volume": 40970884.3, "trend": 12.200299, "fair_value": 13.182665, "relative_strength": -0.686911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.047848, "energy": 28.549237, "activity_lines": [ 14.193333, 14.401273, 13.628773, 12.958647 ] }, { "date": "2025-09-19", "close": 13.54, "volume": 18048846, "typical_volume": 41164572.1, "trend": 12.296887, "fair_value": 13.1684, "relative_strength": -6.533051, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.260817, "energy": 20.947685, "activity_lines": [ 13.937333, 14.271273, 13.688806, 13.045079 ] }, { "date": "2025-09-26", "close": 13.46, "volume": 15577369, "typical_volume": 41165604.6, "trend": 12.369088, "fair_value": 13.151997, "relative_strength": -7.906287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.694904, "energy": 19.648159, "activity_lines": [ 13.738667, 14.114545, 13.728079, 13.120118 ] }, { "date": "2025-10-03", "close": 13.39, "volume": 5801316, "typical_volume": 39906048.4, "trend": 12.439943, "fair_value": 13.135333, "relative_strength": -10.288413, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.710249, "energy": 18.417554, "activity_lines": [ 13.597333, 13.936364, 13.749667, 13.185984 ] }, { "date": "2025-10-10", "close": 13.32, "volume": 6562100, "typical_volume": 36882967.55, "trend": 12.508794, "fair_value": 13.127783, "relative_strength": -9.399381, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.675895, "energy": 15.502918, "activity_lines": [ 13.458667, 13.748182, 13.757286, 13.242762 ] }, { "date": "2025-10-17", "close": 13.35, "volume": 14563131, "typical_volume": 36486234.1, "trend": 12.562192, "fair_value": 13.118674, "relative_strength": -4.224635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.96933, "energy": 13.877964, "activity_lines": [ 13.377333, 13.615636, 13.758476, 13.297033 ] }, { "date": "2025-10-24", "close": 14.04, "volume": 17049159, "typical_volume": 36527798.05, "trend": 12.672484, "fair_value": 13.123489, "relative_strength": -3.619271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.491303, "energy": 13.308579, "activity_lines": [ 13.586667, 13.648364, 13.817333, 13.392375 ] }, { "date": "2025-10-31", "close": 14.05, "volume": 18845279, "typical_volume": 36612047.9, "trend": 12.780477, "fair_value": 13.12543, "relative_strength": -4.132536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.808492, "energy": 19.276671, "activity_lines": [ 13.766, 13.696727, 13.866857, 13.481247 ] }, { "date": "2025-11-07", "close": 14.2, "volume": 16311337, "typical_volume": 36638204.6, "trend": 12.926048, "fair_value": 13.127958, "relative_strength": -3.253441, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.481197, "energy": 29.126207, "activity_lines": [ 13.956, 13.783636, 13.918762, 13.57283 ] }, { "date": "2025-11-14", "close": 14.56, "volume": 14308280, "typical_volume": 36459772.45, "trend": 13.075064, "fair_value": 13.136044, "relative_strength": 0.661749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.527212, "energy": 55.098113, "activity_lines": [ 14.212, 13.928364, 13.989857, 13.678246 ] }, { "date": "2025-11-21", "close": 14.98, "volume": 31704254, "typical_volume": 36943486.65, "trend": 13.236105, "fair_value": 13.139572, "relative_strength": 9.061598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.79746, "energy": 66.647829, "activity_lines": [ 14.525333, 14.139818, 14.088857, 13.801145 ] }, { "date": "2025-11-28", "close": 16.85, "volume": 127794267, "typical_volume": 41383636.0, "trend": 13.438418, "fair_value": 13.153087, "relative_strength": 18.16312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.243041, "energy": 84.649089, "activity_lines": [ 15.353333, 14.678182, 14.353429, 14.034299 ] }, { "date": "2025-12-05", "close": 16.030001, "volume": 65952292, "typical_volume": 43548502.6, "trend": 13.601223, "fair_value": 13.160721, "relative_strength": 10.9203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.923098, "energy": 78.772155, "activity_lines": [ 15.720667, 15.007273, 14.520952, 14.201498 ] }, { "date": "2025-12-12", "close": 14.19, "volume": 35856660, "typical_volume": 39000368.3, "trend": 13.679, "fair_value": 13.154122, "relative_strength": -2.351544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.410388, "energy": 54.879684, "activity_lines": [ 15.342667, 14.955091, 14.498714, 14.239484 ] }, { "date": "2025-12-19", "close": 14.07, "volume": 21924835, "typical_volume": 35579776.3, "trend": 13.769, "fair_value": 13.150317, "relative_strength": -2.132991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.744389, "energy": 33.537227, "activity_lines": [ 14.925334, 14.866546, 14.461952, 14.26471 ] }, { "date": "2025-12-26", "close": 14.1, "volume": 18252680, "typical_volume": 30477734.9, "trend": 13.850333, "fair_value": 13.151017, "relative_strength": -5.322894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.434624, "energy": 15.507045, "activity_lines": [ 14.550667, 14.769818, 14.437619, 14.286065 ] }, { "date": "2026-01-02", "close": 13.85, "volume": 11863740, "typical_volume": 27389152.9, "trend": 13.916, "fair_value": 13.151801, "relative_strength": -6.555201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.797113, "energy": 20.283846, "activity_lines": [ 14.151333, 14.614, 14.396333, 14.286043 ] }, { "date": "2026-01-09", "close": 12.13, "volume": 73397159, "typical_volume": 29371213.3, "trend": 13.935333, "fair_value": 13.146559, "relative_strength": -21.458426, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -38.221089, "energy": 34.780818, "activity_lines": [ 13.378667, 14.148909, 14.195762, 14.170817 ] }, { "date": "2026-01-16", "close": 12.5, "volume": 34802800, "typical_volume": 29550947.85, "trend": 13.984333, "fair_value": 13.143127, "relative_strength": -19.855505, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.484802, "energy": 50.308891, "activity_lines": [ 12.989333, 13.786, 14.042524, 14.078215 ] }, { "date": "2026-01-23", "close": 13.05, "volume": 22344994, "typical_volume": 29446787.65, "trend": 14.018667, "fair_value": 13.136033, "relative_strength": -17.195242, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.219573, "energy": 61.729604, "activity_lines": [ 12.896, 13.554, 13.947762, 14.017936 ] }, { "date": "2026-01-30", "close": 12.7, "volume": 21512164, "typical_volume": 29623633.1, "trend": 14.030333, "fair_value": 13.113821, "relative_strength": -18.00528, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.812601, "energy": 63.119591, "activity_lines": [ 12.754, 13.285818, 13.824333, 13.93286 ] }, { "date": "2026-02-06", "close": 12.7, "volume": 20859760, "typical_volume": 29764178.8, "trend": 14.024667, "fair_value": 13.093547, "relative_strength": -16.153512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.134788, "energy": 51.216288, "activity_lines": [ 12.705333, 13.059091, 13.708333, 13.847032 ] }, { "date": "2026-02-13", "close": 12.84, "volume": 14360390, "typical_volume": 29703329.85, "trend": 14.02, "fair_value": 13.07317, "relative_strength": -16.283069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.640066, "energy": 36.152357, "activity_lines": [ 12.78, 12.933273, 13.609667, 13.770602 ] }, { "date": "2026-02-27", "close": 13.09, "volume": 10903290, "typical_volume": 29958428.55, "trend": 14.005, "fair_value": 13.05127, "relative_strength": -16.882443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.009227, "energy": 32.72709, "activity_lines": [ 12.890667, 12.910909, 13.537762, 13.710602 ] }, { "date": "2026-03-06", "close": 12.45, "volume": 22247660, "typical_volume": 30742706.55, "trend": 13.884, "fair_value": 13.028018, "relative_strength": -18.880701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.452551, "energy": 36.489596, "activity_lines": [ 12.748667, 12.792182, 13.406333, 13.61028 ] }, { "date": "2026-03-13", "close": 12.37, "volume": 15390110, "typical_volume": 30784055.5, "trend": 13.778333, "fair_value": 13.006128, "relative_strength": -19.766422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.709448, "energy": 42.069241, "activity_lines": [ 12.62, 12.688364, 13.271429, 13.512602 ] }, { "date": "2026-03-20", "close": 11.43, "volume": 13318890, "typical_volume": 30597542.05, "trend": 13.666, "fair_value": 12.977337, "relative_strength": -23.372664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.67575, "energy": 70.533563, "activity_lines": [ 12.2, 12.445091, 13.051667, 13.361097 ] }, { "date": "2026-03-27", "close": 10.88, "volume": 29042720, "typical_volume": 31107414.1, "trend": 13.539667, "fair_value": 12.939958, "relative_strength": -26.091237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.800524, "energy": 82.225335, "activity_lines": [ 11.681333, 12.145818, 12.791952, 13.181355 ] }, { "date": "2026-04-03", "close": 10.03, "volume": 25086690, "typical_volume": 31546181.75, "trend": 13.414667, "fair_value": 12.906256, "relative_strength": -29.455816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.441491, "energy": 89.402242, "activity_lines": [ 11.01, 11.714727, 12.466381, 12.954925 ] }, { "date": "2026-04-10", "close": 10.64, "volume": 15366900, "typical_volume": 31599112.75, "trend": 13.301667, "fair_value": 12.867589, "relative_strength": -29.788529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.663492, "energy": 84.7992, "activity_lines": [ 10.746, 11.439455, 12.218762, 12.775914 ] }, { "date": "2026-04-17", "close": 10.59, "volume": 19553372, "typical_volume": 30991568.65, "trend": 13.179333, "fair_value": 12.835788, "relative_strength": -32.468677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.355905, "energy": 86.230339, "activity_lines": [ 10.586, 11.198909, 11.985048, 12.600968 ] }, { "date": "2026-04-24", "close": 10.91, "volume": 20778485, "typical_volume": 25640779.55, "trend": 13.091667, "fair_value": 12.801102, "relative_strength": -30.300358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.287536, "energy": 78.894976, "activity_lines": [ 10.651333, 11.054909, 11.802714, 12.454559 ] }, { "date": "2026-05-01", "close": 11.71, "volume": 31056595, "typical_volume": 23895994.7, "trend": 13.033333, "fair_value": 12.768294, "relative_strength": -25.67901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.312094, "energy": 48.184446, "activity_lines": [ 11.018, 11.088909, 11.724857, 12.365419 ] }, { "date": "2026-05-08", "close": 12.12, "volume": 19109930, "typical_volume": 23058658.2, "trend": 12.991, "fair_value": 12.751363, "relative_strength": -24.902208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.18381, "energy": 29.823566, "activity_lines": [ 11.466, 11.218, 11.706619, 12.306495 ] }, { "date": "2026-05-15", "close": 12.05, "volume": 26819670, "typical_volume": 23303399.95, "trend": 12.948667, "fair_value": 12.72636, "relative_strength": -24.869678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.300682, "energy": 26.457103, "activity_lines": [ 11.751333, 11.352, 11.691571, 12.245785 ] }, { "date": "2026-05-22", "close": 11.93, "volume": 17485030, "typical_volume": 23265017.45, "trend": 12.901333, "fair_value": 12.67315, "relative_strength": -25.231363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.826018, "energy": 26.400945, "activity_lines": [ 11.902667, 11.471455, 11.674714, 12.180065 ] }, { "date": "2026-05-29", "close": 11.07, "volume": 19945445, "typical_volume": 23669102.7, "trend": 12.802333, "fair_value": 12.624177, "relative_strength": -29.980968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.12849, "energy": 24.241663, "activity_lines": [ 11.678, 11.442545, 11.586286, 12.061914 ] }, { "date": "2026-06-05", "close": 10.67, "volume": 3990650, "typical_volume": 20198777.25, "trend": 12.689667, "fair_value": 12.578452, "relative_strength": -30.753898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.63446, "energy": 33.649161, "activity_lines": [ 11.309333, 11.347455, 11.473, 11.924344 ] }, { "date": "2026-06-12", "close": 10.21, "volume": 2772920, "typical_volume": 18597283.25, "trend": 12.556667, "fair_value": 12.535216, "relative_strength": -31.550093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.343059, "energy": 47.979385, "activity_lines": [ 10.856667, 11.172545, 11.322857, 11.764366 ] }, { "date": "2026-06-19", "close": 9.63, "volume": 13547800, "typical_volume": 18157423.55, "trend": 12.392333, "fair_value": 12.48694, "relative_strength": -39.102081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.799767, "energy": 76.774701, "activity_lines": [ 10.338, 10.888909, 11.128381, 11.575548 ] }, { "date": "2026-06-26", "close": 8.99, "volume": 2957360, "typical_volume": 17229683.35, "trend": 12.192667, "fair_value": 12.422485, "relative_strength": -41.648099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.773409, "energy": 88.257371, "activity_lines": [ 9.767333, 10.507273, 10.889238, 11.356043 ] }, { "date": "2026-07-03", "close": 9.21, "volume": 3760980, "typical_volume": 16374744.35, "trend": 11.938, "fair_value": 12.362081, "relative_strength": -38.82811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.259944, "energy": 89.168219, "activity_lines": [ 9.466, 10.194727, 10.688714, 11.163613 ] }, { "date": "2026-07-10", "close": 8.97, "volume": 15167581, "typical_volume": 16415103.9, "trend": 11.702667, "fair_value": 12.307247, "relative_strength": -37.520303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.885853, "energy": 89.50081, "activity_lines": [ 9.208667, 9.869455, 10.481952, 10.972129 ] }, { "date": "2026-07-17", "close": 8.55, "volume": 19135700, "typical_volume": 16826724.4, "trend": 11.514667, "fair_value": 12.247393, "relative_strength": -33.852043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.607244, "energy": 90.499189, "activity_lines": [ 8.924667, 9.517636, 10.253619, 10.768731 ] }, { "date": "2026-07-24", "close": 7.95, "volume": 22144590, "typical_volume": 16821570.9, "trend": 11.310667, "fair_value": 12.184511, "relative_strength": -38.023014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.258014, "energy": 88.529544, "activity_lines": [ 8.551333, 9.121636, 9.989762, 10.538753 ] }, { "date": "2026-07-31", "close": 8.73, "volume": 17262210, "typical_volume": 16915175.9, "trend": 11.131667, "fair_value": 12.130402, "relative_strength": -30.139584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.005161, "energy": 69.619139, "activity_lines": [ 8.55, 8.942, 9.821619, 10.372258 ] }, { "date": "2026-08-07", "close": 9.09, "volume": 15940090, "typical_volume": 17046235.9, "trend": 10.973, "fair_value": 12.070991, "relative_strength": -29.764876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.430042, "energy": 59.698646, "activity_lines": [ 8.686, 8.886, 9.705095, 10.240538 ] } ], "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." } } }