{ "ticker": { "uuid": "4338363f-d8c0-49df-a6f3-c11a9d7633dd", "symbol": "002700", "name": "Xinjiang Wanjing Energy 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 95.689, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.828, "architecture_energy": 69.744, "architecture_maturity": 15.043, "architecture_confidence": 79.867, "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": 27.52, "rotation_up": 8.82, "upward_expansion": 15.41, "deceleration": 37.45, "rotation_down": 72.19, "downward_expansion": 88.74 }, "activity_lines": [ 5.728967, 6.206815, 6.65306, 6.771786 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 5.96, "trend_reference": 6.914493, "distance_from_trend": -0.138042, "trend_direction": "Weakening", "fair_value": 7.31367, "distance_from_fair_value": -0.185088, "fair_value_direction": "Weakening", "relative_strength": -17.817544, "relative_strength_direction": "Improving", "price_momentum": -0.177931, "excess_performance": -0.185331, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.138042, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.013014, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.185088, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.175822, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.178175, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066236, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.177931, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.467456, "read": "Demand-led" } ], "volume": { "latest": 33847520, "relative_activity": 0.901936, "balance": 1.467456, "dry_up": 1.4424, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.151889, "annualized_volatility": 0.505294, "from_high_reference": -0.377042, "from_low_reference": 0.226337 }, "levels": { "trend_reference": 6.914493, "fair_value_reference": 7.31367, "structural_low": 4.86, "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": 26, "median_return": 0.000947, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.017606, "regime_survival": 0.807692, "best_return": 0.153392, "worst_return": -0.100796, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.039175, "positive_rate": 0.222222, "directional_follow_through": 0.666667, "median_excess_return": -0.048291, "regime_survival": 0.555556, "best_return": 0.517442, "worst_return": -0.154887, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.066578, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.012947, "regime_survival": 0.4, "best_return": 0.335039, "worst_return": -0.151824, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.179382, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.341394, "regime_survival": 0.0, "best_return": 0.232737, "worst_return": -0.208294, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.012476, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.037698, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.061403, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.046154, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": -0.059917, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2026-01-23", "tenure": "Extended", "return": -0.183447, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-27", "tenure": "New", "return": 0.024828, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.039835, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": -0.051929, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.044444, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": 0.130312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": -0.222352, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": -0.020074, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.04014, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.358851, "volume": 3852700, "typical_volume": 4983042.15, "trend": 4.529725, "fair_value": 4.153933, "relative_strength": -4.399486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.482004, "energy": 48.023496, "activity_lines": [ 4.346388, 4.371508, 4.428325, 4.478989 ] }, { "date": "2023-08-04", "close": 4.329333, "volume": 4979950, "typical_volume": 4874486.4, "trend": 4.521595, "fair_value": 4.156506, "relative_strength": -6.411654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.910815, "energy": 48.515778, "activity_lines": [ 4.335893, 4.359371, 4.414179, 4.466061 ] }, { "date": "2023-08-11", "close": 4.319493, "volume": 5972174, "typical_volume": 4908043.95, "trend": 4.518962, "fair_value": 4.159509, "relative_strength": -2.977236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.936765, "energy": 44.279315, "activity_lines": [ 4.328021, 4.347762, 4.400905, 4.453022 ] }, { "date": "2023-08-18", "close": 4.37853, "volume": 5192695, "typical_volume": 4884180.5, "trend": 4.519916, "fair_value": 4.161841, "relative_strength": 1.403651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.322566, "energy": 32.539281, "activity_lines": [ 4.34442, 4.350264, 4.394461, 4.443962 ] }, { "date": "2023-08-25", "close": 4.142385, "volume": 9095702, "typical_volume": 5075819.65, "trend": 4.501023, "fair_value": 4.162475, "relative_strength": -0.962465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.638207, "energy": 46.453535, "activity_lines": [ 4.280136, 4.31037, 4.365761, 4.419605 ] }, { "date": "2023-09-01", "close": 4.191582, "volume": 5836472, "typical_volume": 5101043.15, "trend": 4.48377, "fair_value": 4.163732, "relative_strength": -2.938508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.582597, "energy": 46.31889, "activity_lines": [ 4.242091, 4.284251, 4.343752, 4.399641 ] }, { "date": "2023-09-08", "close": 4.191582, "volume": 5616205, "typical_volume": 5056033.4, "trend": 4.46328, "fair_value": 4.164495, "relative_strength": -1.130254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.111961, "energy": 52.751743, "activity_lines": [ 4.215196, 4.261531, 4.323653, 4.38079 ] }, { "date": "2023-09-15", "close": 4.142385, "volume": 4625110, "typical_volume": 4817749.9, "trend": 4.443416, "fair_value": 4.165005, "relative_strength": -0.861477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.259025, "energy": 66.451332, "activity_lines": [ 4.181087, 4.233981, 4.300501, 4.360087 ] }, { "date": "2023-09-22", "close": 4.2211, "volume": 8665196, "typical_volume": 4971764.7, "trend": 4.428118, "fair_value": 4.16781, "relative_strength": 0.743822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.609034, "energy": 55.125714, "activity_lines": [ 4.185022, 4.225215, 4.287452, 4.345744 ] }, { "date": "2023-09-29", "close": 4.201421, "volume": 3108229, "typical_volume": 4894682.15, "trend": 4.410222, "fair_value": 4.172216, "relative_strength": 1.24605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.00139, "energy": 43.227171, "activity_lines": [ 4.192894, 4.215196, 4.273975, 4.331119 ] }, { "date": "2023-10-13", "close": 4.299815, "volume": 6195439, "typical_volume": 4944521.05, "trend": 4.399165, "fair_value": 4.176451, "relative_strength": 4.598913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.57592, "energy": 28.41732, "activity_lines": [ 4.229627, 4.224678, 4.271269, 4.323996 ] }, { "date": "2023-10-20", "close": 4.486763, "volume": 14872106, "typical_volume": 5533331.35, "trend": 4.391752, "fair_value": 4.183056, "relative_strength": 14.652919, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.578986, "energy": 12.056556, "activity_lines": [ 4.321462, 4.269223, 4.287254, 4.329647 ] }, { "date": "2023-10-27", "close": 4.604836, "volume": 15739700, "typical_volume": 6149405.85, "trend": 4.392805, "fair_value": 4.190604, "relative_strength": 15.365523, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.911932, "energy": 31.59148, "activity_lines": [ 4.432975, 4.332374, 4.31434, 4.343395 ] }, { "date": "2023-11-03", "close": 4.732748, "volume": 17382719, "typical_volume": 6850813.05, "trend": 4.402976, "fair_value": 4.199712, "relative_strength": 17.334478, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.159353, "energy": 42.74421, "activity_lines": [ 4.556295, 4.413594, 4.353135, 4.365327 ] }, { "date": "2023-11-10", "close": 4.742588, "volume": 8990520, "typical_volume": 7084013.6, "trend": 4.408945, "fair_value": 4.207217, "relative_strength": 15.890303, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.847863, "energy": 66.072431, "activity_lines": [ 4.648785, 4.490162, 4.391321, 4.387237 ] }, { "date": "2023-11-17", "close": 5.126324, "volume": 15795038, "typical_volume": 7517782.7, "trend": 4.426734, "fair_value": 4.216688, "relative_strength": 24.690321, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.834763, "energy": 89.576352, "activity_lines": [ 4.83311, 4.625588, 4.464461, 4.433519 ] }, { "date": "2023-11-24", "close": 5.057448, "volume": 12997133, "typical_volume": 8018292.9, "trend": 4.444168, "fair_value": 4.226026, "relative_strength": 24.293587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.807325, "energy": 88.112353, "activity_lines": [ 4.939375, 4.731496, 4.52748, 4.474211 ] }, { "date": "2023-12-01", "close": 4.850821, "volume": 8136984, "typical_volume": 8271486.6, "trend": 4.449537, "fair_value": 4.233793, "relative_strength": 20.248769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.720832, "energy": 81.628609, "activity_lines": [ 4.93872, 4.784092, 4.567774, 4.500446 ] }, { "date": "2023-12-08", "close": 4.860661, "volume": 5517193, "typical_volume": 8360781.25, "trend": 4.460736, "fair_value": 4.239092, "relative_strength": 22.134068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.729988, "energy": 73.926876, "activity_lines": [ 4.924945, 4.825596, 4.606804, 4.52697 ] }, { "date": "2023-12-15", "close": 5.126324, "volume": 7908681, "typical_volume": 8523997.3, "trend": 4.481762, "fair_value": 4.246094, "relative_strength": 30.403429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.231866, "energy": 59.112914, "activity_lines": [ 4.991196, 4.903775, 4.668699, 4.569912 ] }, { "date": "2023-12-22", "close": 4.880339, "volume": 11127299, "typical_volume": 8887727.25, "trend": 4.494911, "fair_value": 4.25189, "relative_strength": 25.667875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.062323, "energy": 43.833975, "activity_lines": [ 4.949871, 4.920412, 4.703183, 4.595626 ] }, { "date": "2023-12-29", "close": 4.939375, "volume": 6546940, "typical_volume": 8966076.75, "trend": 4.510999, "fair_value": 4.257694, "relative_strength": 22.558285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.347674, "energy": 40.005438, "activity_lines": [ 4.944623, 4.937229, 4.740807, 4.624301 ] }, { "date": "2024-01-05", "close": 4.831142, "volume": 3901691, "typical_volume": 8862552.6, "trend": 4.521862, "fair_value": 4.265643, "relative_strength": 24.72769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.682976, "energy": 31.932336, "activity_lines": [ 4.911169, 4.926137, 4.765218, 4.644956 ] }, { "date": "2024-01-12", "close": 4.772106, "volume": 4303404, "typical_volume": 8818088.05, "trend": 4.533993, "fair_value": 4.271486, "relative_strength": 24.201183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.297655, "energy": 21.596371, "activity_lines": [ 4.859348, 4.900197, 4.78157, 4.661101 ] }, { "date": "2024-01-19", "close": 4.634354, "volume": 4230999, "typical_volume": 8574852.9, "trend": 4.541536, "fair_value": 4.276137, "relative_strength": 22.711919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.876124, "energy": 17.668612, "activity_lines": [ 4.767514, 4.848495, 4.782929, 4.667575 ] }, { "date": "2024-01-26", "close": 4.683551, "volume": 6508064, "typical_volume": 8608432.5, "trend": 4.551703, "fair_value": 4.281659, "relative_strength": 23.482271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.721676, "energy": 19.177438, "activity_lines": [ 4.724877, 4.807706, 4.786631, 4.676738 ] }, { "date": "2024-02-02", "close": 4.437567, "volume": 5779200, "typical_volume": 8616582.25, "trend": 4.552359, "fair_value": 4.288258, "relative_strength": 26.372624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.335477, "energy": 19.145657, "activity_lines": [ 4.613364, 4.730244, 4.764562, 4.669374 ] }, { "date": "2024-02-09", "close": 4.535961, "volume": 6443019, "typical_volume": 8707477.7, "trend": 4.557279, "fair_value": 4.295179, "relative_strength": 17.334284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.362341, "energy": 18.12884, "activity_lines": [ 4.568103, 4.681941, 4.750693, 4.668316 ] }, { "date": "2024-02-23", "close": 4.732748, "volume": 9048280, "typical_volume": 8726631.9, "trend": 4.57007, "fair_value": 4.30367, "relative_strength": 18.439521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.113047, "energy": 15.230207, "activity_lines": [ 4.608116, 4.675143, 4.753692, 4.679637 ] }, { "date": "2024-03-01", "close": 4.762267, "volume": 7244260, "typical_volume": 8933433.45, "trend": 4.585813, "fair_value": 4.313337, "relative_strength": 14.064005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.492457, "energy": 12.029441, "activity_lines": [ 4.660593, 4.676038, 4.757066, 4.692036 ] }, { "date": "2024-03-08", "close": 4.70323, "volume": 3815753, "typical_volume": 8814449.15, "trend": 4.597293, "fair_value": 4.322565, "relative_strength": 12.924848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.009574, "energy": 11.517956, "activity_lines": [ 4.684863, 4.672818, 4.752146, 4.699612 ] }, { "date": "2024-03-15", "close": 5.224718, "volume": 15333884, "typical_volume": 8837538.05, "trend": 4.627139, "fair_value": 4.335012, "relative_strength": 21.51003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.782772, "energy": 36.223723, "activity_lines": [ 4.881651, 4.767634, 4.794971, 4.740091 ] }, { "date": "2024-03-22", "close": 5.647812, "volume": 28165639, "typical_volume": 9458835.0, "trend": 4.671416, "fair_value": 4.349369, "relative_strength": 30.952502, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 82.66077, "energy": 75.377423, "activity_lines": [ 5.166994, 4.934188, 4.874576, 4.805941 ] }, { "date": "2024-03-29", "close": 5.874118, "volume": 23446018, "typical_volume": 9761999.95, "trend": 4.721269, "fair_value": 4.365299, "relative_strength": 37.371456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.227858, "energy": 87.585279, "activity_lines": [ 5.453648, 5.12704, 4.970768, 4.883534 ] }, { "date": "2024-04-05", "close": 5.952833, "volume": 10557700, "typical_volume": 9840358.95, "trend": 4.781617, "fair_value": 4.380562, "relative_strength": 35.789375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.164046, "energy": 92.391021, "activity_lines": [ 5.690449, 5.314167, 5.069021, 4.96299 ] }, { "date": "2024-04-12", "close": 6.090584, "volume": 16206110, "typical_volume": 9860912.55, "trend": 4.844917, "fair_value": 4.397325, "relative_strength": 42.01776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.775541, "energy": 92.5465, "activity_lines": [ 5.893797, 5.502368, 5.174631, 5.04744 ] }, { "date": "2024-04-19", "close": 5.382148, "volume": 16211640, "typical_volume": 10021637.9, "trend": 4.884603, "fair_value": 4.408807, "relative_strength": 23.788127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.204605, "energy": 77.344374, "activity_lines": [ 5.768508, 5.536179, 5.208178, 5.0821 ] }, { "date": "2024-04-26", "close": 5.982351, "volume": 13066275, "typical_volume": 10268102.45, "trend": 4.945935, "fair_value": 4.421914, "relative_strength": 33.579192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.864828, "energy": 58.670697, "activity_lines": [ 5.832792, 5.661945, 5.297342, 5.152922 ] }, { "date": "2024-05-03", "close": 5.952833, "volume": 4902507, "typical_volume": 10237368.15, "trend": 5.00366, "fair_value": 4.434831, "relative_strength": 30.023409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.500787, "energy": 54.231893, "activity_lines": [ 5.864934, 5.756045, 5.378306, 5.217883 ] }, { "date": "2024-05-10", "close": 5.815081, "volume": 9568187, "typical_volume": 10320343.45, "trend": 5.057448, "fair_value": 4.447236, "relative_strength": 24.213313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.421052, "energy": 44.368428, "activity_lines": [ 5.845911, 5.802916, 5.44095, 5.270233 ] }, { "date": "2024-05-17", "close": 5.588775, "volume": 17100789, "typical_volume": 10619017.95, "trend": 5.100414, "fair_value": 4.457388, "relative_strength": 18.835643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.278713, "energy": 36.704013, "activity_lines": [ 5.760637, 5.789499, 5.478762, 5.304512 ] }, { "date": "2024-05-24", "close": 5.756045, "volume": 15755582, "typical_volume": 11079450.05, "trend": 5.142723, "fair_value": 4.468366, "relative_strength": 25.086893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.449839, "energy": 30.931367, "activity_lines": [ 5.764572, 5.790393, 5.52913, 5.346811 ] }, { "date": "2024-05-31", "close": 5.952833, "volume": 9074953, "typical_volume": 11338113.15, "trend": 5.187656, "fair_value": 4.482086, "relative_strength": 29.01991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.406351, "energy": 31.549526, "activity_lines": [ 5.809178, 5.817407, 5.594351, 5.399076 ] }, { "date": "2024-06-07", "close": 5.923315, "volume": 18581204, "typical_volume": 12052003.15, "trend": 5.227342, "fair_value": 4.496234, "relative_strength": 28.724983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.505358, "energy": 32.551825, "activity_lines": [ 5.845912, 5.833508, 5.65142, 5.446538 ] }, { "date": "2024-06-14", "close": 6.336569, "volume": 37741463, "typical_volume": 13727526.35, "trend": 5.280474, "fair_value": 4.511796, "relative_strength": 36.305701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.8431, "energy": 45.491023, "activity_lines": [ 6.022365, 5.923851, 5.742364, 5.518101 ] }, { "date": "2024-06-21", "close": 7.4681, "volume": 31094591, "typical_volume": 14956852.7, "trend": 5.358534, "fair_value": 4.535723, "relative_strength": 61.400802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.541376, "energy": 83.39435, "activity_lines": [ 6.541229, 6.212951, 5.932967, 5.659238 ] }, { "date": "2024-06-28", "close": 7.802639, "volume": 40176873, "typical_volume": 16676736.35, "trend": 5.45004, "fair_value": 4.561486, "relative_strength": 69.606569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.451546, "energy": 91.227941, "activity_lines": [ 7.046318, 6.53783, 6.142171, 5.816922 ] }, { "date": "2024-07-05", "close": 7.822317, "volume": 23849814, "typical_volume": 17547076.1, "trend": 5.54909, "fair_value": 4.587437, "relative_strength": 69.864581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.820719, "energy": 92.559933, "activity_lines": [ 7.421526, 6.822277, 6.337225, 5.969973 ] }, { "date": "2024-07-12", "close": 8.576358, "volume": 23226170, "typical_volume": 18255970.6, "trend": 5.672946, "fair_value": 4.617172, "relative_strength": 79.20816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.842449, "energy": 95.28969, "activity_lines": [ 7.92345, 7.21037, 6.588443, 6.16528 ] }, { "date": "2024-07-19", "close": 9.70796, "volume": 34977757, "typical_volume": 19642645.45, "trend": 5.825668, "fair_value": 4.654902, "relative_strength": 96.918049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.754081, "energy": 97.5485, "activity_lines": [ 8.625704, 7.756507, 6.92913, 6.425604 ] }, { "date": "2024-07-26", "close": 9.916412, "volume": 17022288, "typical_volume": 20302972.2, "trend": 5.993537, "fair_value": 4.692949, "relative_strength": 102.943832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.434899, "energy": 96.242827, "activity_lines": [ 9.172683, 8.269766, 7.266119, 6.689523 ] }, { "date": "2024-08-02", "close": 9.846929, "volume": 10768838, "typical_volume": 20074719.9, "trend": 6.157122, "fair_value": 4.731299, "relative_strength": 97.508257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.762274, "energy": 92.436982, "activity_lines": [ 9.53328, 8.691706, 7.571666, 6.938129 ] }, { "date": "2024-08-09", "close": 10.849489, "volume": 18049792, "typical_volume": 19568927.55, "trend": 6.357733, "fair_value": 4.772465, "relative_strength": 115.367338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.104829, "energy": 95.255406, "activity_lines": [ 10.091778, 9.221551, 7.950684, 7.240862 ] }, { "date": "2024-08-16", "close": 10.363098, "volume": 15343646, "typical_volume": 19163808.95, "trend": 6.5441, "fair_value": 4.811135, "relative_strength": 101.272409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.009708, "energy": 84.245505, "activity_lines": [ 10.286334, 9.573931, 8.258609, 7.499273 ] }, { "date": "2024-08-23", "close": 9.370464, "volume": 22508070, "typical_volume": 19761327.45, "trend": 6.70197, "fair_value": 4.845123, "relative_strength": 81.508399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.298908, "energy": 66.071124, "activity_lines": [ 10.030897, 9.665109, 8.450621, 7.681619 ] }, { "date": "2024-08-30", "close": 9.430022, "volume": 16261846, "typical_volume": 19764114.25, "trend": 6.860186, "fair_value": 4.878933, "relative_strength": 75.221307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.118965, "energy": 59.547755, "activity_lines": [ 9.817811, 9.711953, 8.632031, 7.857622 ] }, { "date": "2024-09-06", "close": 9.747665, "volume": 7719668, "typical_volume": 19339515.65, "trend": 7.037189, "fair_value": 4.915961, "relative_strength": 81.691578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.504472, "energy": 46.497139, "activity_lines": [ 9.743033, 9.78088, 8.827791, 8.043911 ] }, { "date": "2024-09-13", "close": 9.59877, "volume": 6339996, "typical_volume": 19003201.7, "trend": 7.205949, "fair_value": 4.950977, "relative_strength": 78.055016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.872409, "energy": 37.8805, "activity_lines": [ 9.62524, 9.78737, 8.988582, 8.209174 ] }, { "date": "2024-09-20", "close": 9.420095, "volume": 9617186, "typical_volume": 19238935.65, "trend": 7.362194, "fair_value": 4.983976, "relative_strength": 69.10389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.45417, "energy": 35.000815, "activity_lines": [ 9.531271, 9.729076, 9.115136, 8.352022 ] }, { "date": "2024-09-27", "close": 8.328199, "volume": 23234034, "typical_volume": 19922228.0, "trend": 7.481059, "fair_value": 5.008233, "relative_strength": 25.250734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.653692, "energy": 22.284889, "activity_lines": [ 9.136202, 9.456913, 9.121188, 8.414345 ] }, { "date": "2024-10-04", "close": 8.070114, "volume": 13740311, "typical_volume": 19754204.1, "trend": 7.593288, "fair_value": 5.030275, "relative_strength": 8.619957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.069598, "energy": 19.705027, "activity_lines": [ 8.72459, 9.162913, 9.090694, 8.452349 ] }, { "date": "2024-10-11", "close": 7.454681, "volume": 47689871, "typical_volume": 21350918.55, "trend": 7.66762, "fair_value": 5.047563, "relative_strength": 4.090991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.176097, "energy": 27.410442, "activity_lines": [ 8.198495, 8.790586, 8.989772, 8.443406 ] }, { "date": "2024-10-18", "close": 8.119746, "volume": 34203540, "typical_volume": 22607347.9, "trend": 7.750018, "fair_value": 5.07092, "relative_strength": 9.075453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.450962, "energy": 26.655216, "activity_lines": [ 8.046953, 8.582674, 8.9441, 8.472576 ] }, { "date": "2024-10-25", "close": 8.328199, "volume": 19493391, "typical_volume": 22652957.25, "trend": 7.831821, "fair_value": 5.095613, "relative_strength": 8.200713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.933718, "energy": 23.418056, "activity_lines": [ 8.063497, 8.462295, 8.907962, 8.509878 ] }, { "date": "2024-11-01", "close": 8.536653, "volume": 41275852, "typical_volume": 22829676.7, "trend": 7.917948, "fair_value": 5.119338, "relative_strength": 11.629908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.700394, "energy": 16.470351, "activity_lines": [ 8.222318, 8.416814, 8.880225, 8.555351 ] }, { "date": "2024-11-08", "close": 10.889194, "volume": 40988080, "typical_volume": 23324351.15, "trend": 8.077902, "fair_value": 5.158332, "relative_strength": 31.669141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.149897, "energy": 32.381136, "activity_lines": [ 9.151423, 8.814229, 9.066063, 8.747044 ] }, { "date": "2024-11-15", "close": 10.283688, "volume": 28618924, "typical_volume": 22746453.7, "trend": 8.241286, "fair_value": 5.196369, "relative_strength": 27.528596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.412674, "energy": 40.91313, "activity_lines": [ 9.690755, 9.075021, 9.177942, 8.889353 ] }, { "date": "2024-11-22", "close": 10.343246, "volume": 28105691, "typical_volume": 22959247.55, "trend": 8.38665, "fair_value": 5.23597, "relative_strength": 30.483325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.37207, "energy": 55.673316, "activity_lines": [ 10.061338, 9.336896, 9.28368, 9.024963 ] }, { "date": "2024-11-29", "close": 10.41273, "volume": 16552427, "typical_volume": 22625560.4, "trend": 8.535313, "fair_value": 5.276328, "relative_strength": 27.707201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.145173, "energy": 69.828391, "activity_lines": [ 10.306849, 9.597868, 9.38403, 9.155678 ] }, { "date": "2024-12-06", "close": 10.829637, "volume": 20279624, "typical_volume": 21890653.75, "trend": 8.702465, "fair_value": 5.320728, "relative_strength": 28.980901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.453042, "energy": 73.62086, "activity_lines": [ 10.552361, 9.916594, 9.515342, 9.303699 ] }, { "date": "2024-12-13", "close": 10.502067, "volume": 19382742, "typical_volume": 22008676.45, "trend": 8.866241, "fair_value": 5.362094, "relative_strength": 24.541863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.443329, "energy": 60.249528, "activity_lines": [ 10.535817, 10.130281, 9.610115, 9.419802 ] }, { "date": "2024-12-20", "close": 10.333319, "volume": 11499828, "typical_volume": 22045225.95, "trend": 9.018817, "fair_value": 5.402254, "relative_strength": 22.040239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.789048, "energy": 43.360342, "activity_lines": [ 10.488832, 10.269069, 9.686028, 9.514452 ] }, { "date": "2024-12-27", "close": 10.194351, "volume": 8433000, "typical_volume": 21564386.35, "trend": 9.160201, "fair_value": 5.442084, "relative_strength": 19.018968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.749086, "energy": 38.401722, "activity_lines": [ 10.392216, 10.330251, 9.746389, 9.590293 ] }, { "date": "2025-01-03", "close": 10.214203, "volume": 8225732, "typical_volume": 21208490.65, "trend": 9.30323, "fair_value": 5.480609, "relative_strength": 26.883229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.063453, "energy": 27.554342, "activity_lines": [ 10.312143, 10.357323, 9.811761, 9.658294 ] }, { "date": "2025-01-10", "close": 10.00575, "volume": 8578662, "typical_volume": 20512020.25, "trend": 9.425536, "fair_value": 5.517549, "relative_strength": 24.135106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.789067, "energy": 22.016551, "activity_lines": [ 10.175821, 10.312203, 9.85799, 9.703617 ] }, { "date": "2025-01-17", "close": 9.936266, "volume": 4730400, "typical_volume": 19935447.95, "trend": 9.507809, "fair_value": 5.553732, "relative_strength": 17.610638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.426433, "energy": 17.03552, "activity_lines": [ 10.071264, 10.227739, 9.894575, 9.736568 ] }, { "date": "2025-01-24", "close": 10.065309, "volume": 7684664, "typical_volume": 19933697.75, "trend": 9.583231, "fair_value": 5.590929, "relative_strength": 16.404076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.795699, "energy": 16.458958, "activity_lines": [ 10.047441, 10.184063, 9.94104, 9.772535 ] }, { "date": "2025-01-31", "close": 10.472288, "volume": 2870900, "typical_volume": 19760242.95, "trend": 9.671563, "fair_value": 5.630673, "relative_strength": 21.360733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.2965, "energy": 20.203544, "activity_lines": [ 10.177145, 10.218354, 10.024752, 9.829894 ] }, { "date": "2025-02-07", "close": 10.095087, "volume": 4415926, "typical_volume": 19500179.95, "trend": 9.722188, "fair_value": 5.669119, "relative_strength": 11.327114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.11748, "energy": 19.297056, "activity_lines": [ 10.162586, 10.181717, 10.068381, 9.857218 ] }, { "date": "2025-02-14", "close": 10.382951, "volume": 10399690, "typical_volume": 18858462.75, "trend": 9.744687, "fair_value": 5.707917, "relative_strength": 11.524201, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.333277, "energy": 31.693426, "activity_lines": [ 10.251923, 10.203194, 10.136211, 9.899848 ] }, { "date": "2025-02-21", "close": 10.184424, "volume": 4552469, "typical_volume": 18399070.65, "trend": 9.753621, "fair_value": 5.748368, "relative_strength": 6.031284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.606731, "energy": 32.746855, "activity_lines": [ 10.249938, 10.196697, 10.175349, 9.928218 ] }, { "date": "2025-02-28", "close": 10.025603, "volume": 6216600, "typical_volume": 16325407.1, "trend": 9.759577, "fair_value": 5.788547, "relative_strength": 7.079988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.576188, "energy": 19.160883, "activity_lines": [ 10.178468, 10.167098, 10.189293, 9.945765 ] }, { "date": "2025-03-07", "close": 10.81971, "volume": 27359002, "typical_volume": 15983180.2, "trend": 9.758584, "fair_value": 5.833568, "relative_strength": 11.875023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.568003, "energy": 40.728377, "activity_lines": [ 10.374348, 10.287478, 10.266624, 10.014161 ] }, { "date": "2025-03-14", "close": 11.186985, "volume": 19690384, "typical_volume": 15993029.85, "trend": 9.786047, "fair_value": 5.88113, "relative_strength": 13.095214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.078748, "energy": 61.810138, "activity_lines": [ 10.669492, 10.463264, 10.366076, 10.106316 ] }, { "date": "2025-03-21", "close": 11.296174, "volume": 13433436, "typical_volume": 14600909.05, "trend": 9.850238, "fair_value": 5.928769, "relative_strength": 16.149299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.715224, "energy": 72.885103, "activity_lines": [ 10.928238, 10.641216, 10.462315, 10.203743 ] }, { "date": "2025-03-28", "close": 9.559065, "volume": 60736773, "typical_volume": 15588343.7, "trend": 9.854539, "fair_value": 5.965024, "relative_strength": -1.543593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.238936, "energy": 28.692684, "activity_lines": [ 10.547067, 10.479868, 10.379973, 10.184958 ] }, { "date": "2025-04-04", "close": 9.032969, "volume": 20469340, "typical_volume": 15180864.5, "trend": 9.830716, "fair_value": 5.999089, "relative_strength": -5.286806, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.395072, "energy": 8.179286, "activity_lines": [ 10.03222, 10.229725, 10.253861, 10.131953 ] }, { "date": "2025-04-11", "close": 8.616063, "volume": 29202593, "typical_volume": 15235709.6, "trend": 9.797959, "fair_value": 6.030669, "relative_strength": -5.205807, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.290751, "energy": 36.368776, "activity_lines": [ 9.444581, 9.922549, 10.094, 10.053589 ] }, { "date": "2025-04-18", "close": 9.608697, "volume": 33506771, "typical_volume": 16083426.8, "trend": 9.804246, "fair_value": 6.068549, "relative_strength": 5.40337, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.755806, "energy": 36.037871, "activity_lines": [ 9.33473, 9.829603, 10.0369, 10.041378 ] }, { "date": "2025-04-25", "close": 8.884073, "volume": 22163754, "typical_volume": 16177633.3, "trend": 9.822775, "fair_value": 6.102282, "relative_strength": -4.396357, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.228361, "energy": 56.341668, "activity_lines": [ 9.088556, 9.61375, 9.914617, 9.982012 ] }, { "date": "2025-05-02", "close": 8.864222, "volume": 8102732, "typical_volume": 15613632.8, "trend": 9.849245, "fair_value": 6.135639, "relative_strength": -4.979122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.780954, "energy": 57.907419, "activity_lines": [ 8.996573, 9.42154, 9.799708, 9.92017 ] }, { "date": "2025-05-09", "close": 9.032969, "volume": 12917700, "typical_volume": 15684526.4, "trend": 9.901855, "fair_value": 6.171323, "relative_strength": -5.906182, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.379251, "energy": 46.147989, "activity_lines": [ 9.007161, 9.284015, 9.708669, 9.867507 ] }, { "date": "2025-05-16", "close": 8.854295, "volume": 10996074, "typical_volume": 15812680.1, "trend": 9.92634, "fair_value": 6.204429, "relative_strength": -8.789866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.913077, "energy": 49.006208, "activity_lines": [ 8.958191, 9.132052, 9.606806, 9.799923 ] }, { "date": "2025-05-23", "close": 8.506872, "volume": 15941196, "typical_volume": 16198453.3, "trend": 9.932295, "fair_value": 6.236803, "relative_strength": -12.36501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.223884, "energy": 45.664964, "activity_lines": [ 8.777531, 8.952656, 9.478236, 9.708344 ] }, { "date": "2025-05-30", "close": 8.88, "volume": 13251000, "typical_volume": 16432070.2, "trend": 9.94374, "fair_value": 6.272626, "relative_strength": -8.14357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.698997, "energy": 38.501619, "activity_lines": [ 8.794702, 8.88983, 9.393332, 9.640454 ] }, { "date": "2025-06-06", "close": 9.04, "volume": 6194764, "typical_volume": 16505288.4, "trend": 9.8821, "fair_value": 6.309164, "relative_strength": -8.256185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.435847, "energy": 36.190322, "activity_lines": [ 8.865478, 8.900026, 9.329028, 9.582148 ] }, { "date": "2025-06-13", "close": 8.99, "volume": 9396420, "typical_volume": 16590876.2, "trend": 9.838978, "fair_value": 6.344011, "relative_strength": -8.577851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.204842, "energy": 32.080633, "activity_lines": [ 8.907869, 8.910569, 9.264229, 9.524594 ] }, { "date": "2025-06-20", "close": 9.23, "volume": 45991960, "typical_volume": 18746929.2, "trend": 9.801869, "fair_value": 6.378531, "relative_strength": -5.22396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.180461, "energy": 19.909792, "activity_lines": [ 9.033125, 8.965529, 9.227408, 9.485305 ] }, { "date": "2025-06-27", "close": 8.74, "volume": 32090611, "typical_volume": 20130663.45, "trend": 9.746112, "fair_value": 6.41022, "relative_strength": -13.417432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.781567, "energy": 23.626627, "activity_lines": [ 8.97, 8.920236, 9.149835, 9.416797 ] }, { "date": "2025-07-04", "close": 8.63, "volume": 16849948, "typical_volume": 20453176.35, "trend": 9.67279, "fair_value": 6.44108, "relative_strength": -15.435438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.312608, "energy": 31.188002, "activity_lines": [ 8.854667, 8.870737, 9.06824, 9.34479 ] }, { "date": "2025-07-11", "close": 8.54, "volume": 12693173, "typical_volume": 20860211.55, "trend": 9.607388, "fair_value": 6.470989, "relative_strength": -17.50496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.166358, "energy": 43.260981, "activity_lines": [ 8.726, 8.809494, 8.98642, 9.271707 ] }, { "date": "2025-07-18", "close": 7.75, "volume": 27278912, "typical_volume": 21913327.15, "trend": 9.521278, "fair_value": 6.494714, "relative_strength": -26.071221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.475062, "energy": 76.108633, "activity_lines": [ 8.367333, 8.61051, 8.837193, 9.151875 ] }, { "date": "2025-07-25", "close": 7.78, "volume": 27726783, "typical_volume": 21931716.2, "trend": 9.440799, "fair_value": 6.51832, "relative_strength": -26.805481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.48873, "energy": 83.194187, "activity_lines": [ 8.101333, 8.440307, 8.701659, 9.039535 ] }, { "date": "2025-08-01", "close": 7.3, "volume": 34614475, "typical_volume": 22677920.75, "trend": 9.343659, "fair_value": 6.538475, "relative_strength": -29.522912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.874317, "energy": 90.52652, "activity_lines": [ 7.772, 8.202364, 8.534886, 8.901418 ] }, { "date": "2025-08-08", "close": 7.79, "volume": 35132226, "typical_volume": 23762860.25, "trend": 9.269801, "fair_value": 6.561834, "relative_strength": -24.811241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.670612, "energy": 83.240023, "activity_lines": [ 7.702, 8.075455, 8.433289, 8.801182 ] }, { "date": "2025-08-15", "close": 7.51, "volume": 54467223, "typical_volume": 23449382.75, "trend": 9.188925, "fair_value": 6.583025, "relative_strength": -29.802594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.480295, "energy": 79.123644, "activity_lines": [ 7.594667, 7.917455, 8.321721, 8.687647 ] }, { "date": "2025-08-22", "close": 7.54, "volume": 32809936, "typical_volume": 24066412.55, "trend": 9.104748, "fair_value": 6.600984, "relative_strength": -31.851537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.939843, "energy": 67.200151, "activity_lines": [ 7.566, 7.792727, 8.222768, 8.581265 ] }, { "date": "2025-08-29", "close": 7.23, "volume": 36098357, "typical_volume": 24411200.75, "trend": 8.996672, "fair_value": 6.618388, "relative_strength": -36.631236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.733176, "energy": 62.137828, "activity_lines": [ 7.448, 7.638, 8.1014, 8.460313 ] }, { "date": "2025-09-05", "close": 7.21, "volume": 23659869, "typical_volume": 23918855.65, "trend": 8.900502, "fair_value": 6.632116, "relative_strength": -35.411024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.197568, "energy": 61.542937, "activity_lines": [ 7.36, 7.516, 7.984728, 8.345044 ] }, { "date": "2025-09-12", "close": 7.24, "volume": 24830337, "typical_volume": 24052184.8, "trend": 8.795737, "fair_value": 6.646099, "relative_strength": -35.923801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.285749, "energy": 58.938191, "activity_lines": [ 7.288, 7.427273, 7.882336, 8.237915 ] }, { "date": "2025-09-19", "close": 6.85, "volume": 42014574, "typical_volume": 25747776.9, "trend": 8.68459, "fair_value": 6.656959, "relative_strength": -39.196669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.730013, "energy": 82.789843, "activity_lines": [ 7.122667, 7.292909, 7.750629, 8.112383 ] }, { "date": "2025-09-26", "close": 6.66, "volume": 29653118, "typical_volume": 26584547.8, "trend": 8.572403, "fair_value": 6.667286, "relative_strength": -41.013042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.066057, "energy": 88.184938, "activity_lines": [ 6.938, 7.154727, 7.610419, 7.981765 ] }, { "date": "2025-10-03", "close": 6.72, "volume": 8735007, "typical_volume": 26471494.45, "trend": 8.435746, "fair_value": 6.67781, "relative_strength": -41.524014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.77858, "energy": 85.211995, "activity_lines": [ 6.832, 7.047273, 7.487223, 7.862255 ] }, { "date": "2025-10-10", "close": 7.09, "volume": 22602652, "typical_volume": 26804567.25, "trend": 8.29918, "fair_value": 6.688902, "relative_strength": -37.215419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.812368, "energy": 65.608628, "activity_lines": [ 6.883333, 7.026364, 7.409429, 7.775432 ] }, { "date": "2025-10-17", "close": 7.31, "volume": 60821638, "typical_volume": 29183099.15, "trend": 8.166308, "fair_value": 6.697607, "relative_strength": -31.543585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.155682, "energy": 53.019416, "activity_lines": [ 7.016, 7.049273, 7.359333, 7.711614 ] }, { "date": "2025-10-24", "close": 7.18, "volume": 90055136, "typical_volume": 33376117.75, "trend": 8.087005, "fair_value": 6.713446, "relative_strength": -35.438153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.59053, "energy": 36.590415, "activity_lines": [ 7.100667, 7.057273, 7.304333, 7.647982 ] }, { "date": "2025-10-31", "close": 7.15, "volume": 36007626, "typical_volume": 34706678.05, "trend": 8.02424, "fair_value": 6.724237, "relative_strength": -35.719171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.200906, "energy": 27.773453, "activity_lines": [ 7.153333, 7.065818, 7.255333, 7.58753 ] }, { "date": "2025-11-07", "close": 7.38, "volume": 33537696, "typical_volume": 34083964.85, "trend": 7.983038, "fair_value": 6.740922, "relative_strength": -33.12192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.728376, "energy": 22.688767, "activity_lines": [ 7.25, 7.123273, 7.237, 7.545966 ] }, { "date": "2025-11-14", "close": 7.51, "volume": 40872315, "typical_volume": 34523050.05, "trend": 7.913081, "fair_value": 6.760059, "relative_strength": -30.343509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.13358, "energy": 21.017107, "activity_lines": [ 7.346, 7.201636, 7.239857, 7.515447 ] }, { "date": "2025-11-21", "close": 6.89, "volume": 34186637, "typical_volume": 35389884.5, "trend": 7.846612, "fair_value": 6.774287, "relative_strength": -31.930422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.247053, "energy": 25.169597, "activity_lines": [ 7.207333, 7.161818, 7.189524, 7.449442 ] }, { "date": "2025-11-28", "close": 7.2, "volume": 23012609, "typical_volume": 35905856.3, "trend": 7.791138, "fair_value": 6.789569, "relative_strength": -30.605821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.450492, "energy": 15.258508, "activity_lines": [ 7.2, 7.184727, 7.177, 7.407725 ] }, { "date": "2025-12-05", "close": 7.11, "volume": 16906770, "typical_volume": 35387249.2, "trend": 7.727039, "fair_value": 6.804835, "relative_strength": -31.563778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.067371, "energy": 23.22536, "activity_lines": [ 7.161333, 7.184909, 7.162286, 7.363781 ] }, { "date": "2025-12-12", "close": 6.79, "volume": 25427660, "typical_volume": 35272293.05, "trend": 7.658229, "fair_value": 6.818485, "relative_strength": -34.442383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.858197, "energy": 40.393914, "activity_lines": [ 7.018667, 7.118727, 7.120143, 7.303327 ] }, { "date": "2025-12-19", "close": 6.82, "volume": 21184977, "typical_volume": 34600818.15, "trend": 7.602, "fair_value": 6.831518, "relative_strength": -32.813975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.799713, "energy": 42.735695, "activity_lines": [ 6.925333, 7.056727, 7.085571, 7.249247 ] }, { "date": "2025-12-26", "close": 6.78, "volume": 18144007, "typical_volume": 33751407.2, "trend": 7.532, "fair_value": 6.84473, "relative_strength": -34.740648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.403441, "energy": 53.677056, "activity_lines": [ 6.864667, 6.992364, 7.049476, 7.196215 ] }, { "date": "2026-01-02", "close": 6.71, "volume": 10803546, "typical_volume": 31568223.35, "trend": 7.454333, "fair_value": 6.85768, "relative_strength": -34.149134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.587936, "energy": 59.781088, "activity_lines": [ 6.788, 6.924909, 7.011524, 7.143183 ] }, { "date": "2026-01-09", "close": 7.01, "volume": 31707976, "typical_volume": 31513125.35, "trend": 7.388333, "fair_value": 6.872056, "relative_strength": -33.209539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.9237, "energy": 38.968745, "activity_lines": [ 6.844, 6.920545, 7.005952, 7.114516 ] }, { "date": "2026-01-16", "close": 6.95, "volume": 35395182, "typical_volume": 31477966.6, "trend": 7.312333, "fair_value": 6.887291, "relative_strength": -33.684663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.166085, "energy": 31.867341, "activity_lines": [ 6.886667, 6.907818, 6.99719, 7.086237 ] }, { "date": "2026-01-23", "close": 7.23, "volume": 36075501, "typical_volume": 32098748.2, "trend": 7.262, "fair_value": 6.905442, "relative_strength": -30.906578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.202165, "energy": 12.37954, "activity_lines": [ 7.012, 6.953818, 7.016429, 7.080925 ] }, { "date": "2026-01-30", "close": 7.25, "volume": 34921213, "typical_volume": 32603292.0, "trend": 7.216, "fair_value": 6.924032, "relative_strength": -28.588398, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.622745, "energy": 15.720318, "activity_lines": [ 7.116667, 7.008545, 7.037476, 7.080151 ] }, { "date": "2026-02-06", "close": 7.37, "volume": 43638035, "typical_volume": 32684465.05, "trend": 7.177, "fair_value": 6.941089, "relative_strength": -24.987802, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.685239, "energy": 23.524719, "activity_lines": [ 7.23, 7.078545, 7.069905, 7.090086 ] }, { "date": "2026-02-13", "close": 7.28, "volume": 26550402, "typical_volume": 32529329.25, "trend": 7.161333, "fair_value": 6.957568, "relative_strength": -26.015023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.189363, "energy": 25.055435, "activity_lines": [ 7.269333, 7.129091, 7.091286, 7.096731 ] }, { "date": "2026-02-27", "close": 7.43, "volume": 23002874, "typical_volume": 33242722.6, "trend": 7.149667, "fair_value": 6.974387, "relative_strength": -25.700106, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.26436, "energy": 48.853742, "activity_lines": [ 7.340667, 7.203818, 7.124, 7.114065 ] }, { "date": "2026-03-06", "close": 7.28, "volume": 163432939, "typical_volume": 40284236.95, "trend": 7.149, "fair_value": 6.99068, "relative_strength": -24.638025, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.135716, "energy": 36.182883, "activity_lines": [ 7.33, 7.239636, 7.139048, 7.122473 ] }, { "date": "2026-03-13", "close": 6.99, "volume": 85673706, "typical_volume": 41526840.35, "trend": 7.122333, "fair_value": 7.005488, "relative_strength": -27.14318, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.851604, "energy": 10.371335, "activity_lines": [ 7.219333, 7.214364, 7.125571, 7.112215 ] }, { "date": "2026-03-20", "close": 6.74, "volume": 50444900, "typical_volume": 39546328.55, "trend": 7.096667, "fair_value": 7.018319, "relative_strength": -26.527694, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.062783, "energy": 12.413415, "activity_lines": [ 7.042667, 7.139818, 7.08981, 7.087548 ] }, { "date": "2026-03-27", "close": 6.91, "volume": 40193449, "typical_volume": 39755619.7, "trend": 7.075667, "fair_value": 7.032925, "relative_strength": -22.851073, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.276488, "energy": 19.92421, "activity_lines": [ 6.964667, 7.095636, 7.072333, 7.075505 ] }, { "date": "2026-04-03", "close": 6.39, "volume": 29451479, "typical_volume": 39551308.85, "trend": 7.047667, "fair_value": 7.043699, "relative_strength": -25.550101, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.74257, "energy": 49.983126, "activity_lines": [ 6.738, 6.958727, 7.006476, 7.031269 ] }, { "date": "2026-04-10", "close": 6.75, "volume": 22934900, "typical_volume": 38654438.1, "trend": 7.032333, "fair_value": 7.057653, "relative_strength": -25.724777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.642983, "energy": 54.627128, "activity_lines": [ 6.700667, 6.897455, 6.979619, 7.012065 ] }, { "date": "2026-04-17", "close": 6.58, "volume": 20701633, "typical_volume": 37980187.9, "trend": 7.010333, "fair_value": 7.07145, "relative_strength": -29.46988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.216291, "energy": 58.774081, "activity_lines": [ 6.642, 6.814, 6.94019, 6.982882 ] }, { "date": "2026-04-24", "close": 6.64, "volume": 21656700, "typical_volume": 37912392.45, "trend": 7.003333, "fair_value": 7.084761, "relative_strength": -27.898205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.708118, "energy": 55.102885, "activity_lines": [ 6.630667, 6.753636, 6.907952, 6.958989 ] }, { "date": "2026-05-01", "close": 6.94, "volume": 26124100, "typical_volume": 38373258.95, "trend": 7.012667, "fair_value": 7.099808, "relative_strength": -24.446048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.878953, "energy": 28.22547, "activity_lines": [ 6.726, 6.761091, 6.906952, 6.954903 ] }, { "date": "2026-05-08", "close": 7.05, "volume": 18079330, "typical_volume": 38005842.45, "trend": 7.023667, "fair_value": 7.115934, "relative_strength": -24.441143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.255043, "energy": 14.226617, "activity_lines": [ 6.856, 6.794727, 6.917238, 6.957312 ] }, { "date": "2026-05-15", "close": 7.06, "volume": 28034004, "typical_volume": 38348293.8, "trend": 7.022667, "fair_value": 7.131127, "relative_strength": -23.242972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.975257, "energy": 14.364955, "activity_lines": [ 6.945333, 6.837091, 6.927238, 6.959656 ] }, { "date": "2026-05-22", "close": 7.01, "volume": 24323600, "typical_volume": 38657273.45, "trend": 7.012667, "fair_value": 7.147059, "relative_strength": -22.90775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.146735, "energy": 17.492992, "activity_lines": [ 6.997333, 6.874364, 6.931333, 6.958839 ] }, { "date": "2026-05-29", "close": 6.97, "volume": 48209220, "typical_volume": 40527557.15, "trend": 7.005667, "fair_value": 7.162921, "relative_strength": -22.23279, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.245847, "energy": 9.177699, "activity_lines": [ 7.007333, 6.904, 6.930524, 6.956086 ] }, { "date": "2026-06-05", "close": 7.98, "volume": 33217049, "typical_volume": 40603010.8, "trend": 7.033333, "fair_value": 7.185319, "relative_strength": -8.336708, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 51.199196, "energy": 47.43842, "activity_lines": [ 7.332, 7.113091, 7.024667, 7.018946 ] }, { "date": "2026-06-12", "close": 8.551788, "volume": 17176200, "typical_volume": 39692061.7, "trend": 7.072393, "fair_value": 7.211569, "relative_strength": 1.624343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.203876, "energy": 82.380999, "activity_lines": [ 7.777929, 7.406689, 7.168646, 7.116911 ] }, { "date": "2026-06-19", "close": 8.940053, "volume": 100362600, "typical_volume": 42906416.65, "trend": 7.120061, "fair_value": 7.239997, "relative_strength": 0.29857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.688281, "energy": 87.52121, "activity_lines": [ 8.253161, 7.731575, 7.341976, 7.237405 ] }, { "date": "2026-06-26", "close": 7.128149, "volume": 19508700, "typical_volume": 42135791.0, "trend": 7.128, "fair_value": 7.257433, "relative_strength": -17.42531, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.490256, "energy": 68.118966, "activity_lines": [ 7.999088, 7.687205, 7.334601, 7.237927 ] }, { "date": "2026-07-03", "close": 6.650284, "volume": 12136700, "typical_volume": 40560724.25, "trend": 7.109676, "fair_value": 7.271806, "relative_strength": -20.892382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.257492, "energy": 26.876794, "activity_lines": [ 7.57785, 7.545984, 7.282295, 7.207107 ] }, { "date": "2026-07-10", "close": 5.704511, "volume": 71923704, "typical_volume": 42829389.35, "trend": 7.062826, "fair_value": 7.280306, "relative_strength": -28.531166, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.739825, "energy": 22.292928, "activity_lines": [ 6.862669, 7.232617, 7.143342, 7.116451 ] }, { "date": "2026-07-17", "close": 5.37, "volume": 55477172, "typical_volume": 44453104.25, "trend": 7.015493, "fair_value": 7.28641, "relative_strength": -25.040905, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.176207, "energy": 58.047731, "activity_lines": [ 6.187683, 6.880894, 6.980033, 7.007236 ] }, { "date": "2026-07-24", "close": 5.59, "volume": 64127010, "typical_volume": 39487807.8, "trend": 6.974493, "fair_value": 7.294112, "relative_strength": -21.474834, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.830508, "energy": 67.155572, "activity_lines": [ 5.79815, 6.599716, 6.847487, 6.915269 ] }, { "date": "2026-07-31", "close": 5.73, "volume": 63067792, "typical_volume": 38357512.1, "trend": 6.939493, "fair_value": 7.302965, "relative_strength": -17.504745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.714627, "energy": 75.59571, "activity_lines": [ 5.67862, 6.37072, 6.736321, 6.834979 ] }, { "date": "2026-08-07", "close": 5.96, "volume": 33847520, "typical_volume": 37527643.1, "trend": 6.914493, "fair_value": 7.31367, "relative_strength": -17.817544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.827847, "energy": 69.744258, "activity_lines": [ 5.728967, 6.206815, 6.65306, 6.771786 ] } ], "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." } } }