{ "ticker": { "uuid": "48807b75-6375-4f58-9fd1-a1c4443e34bc", "symbol": "603158", "name": "Changzhou Tenglong AutoPartsCo.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 48.605, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -37.352, "architecture_energy": 61.34, "architecture_maturity": 15.569, "architecture_confidence": 65.733, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 21.14, "rotation_up": 17.01, "upward_expansion": 21.41, "deceleration": 43.88, "rotation_down": 71.09, "downward_expansion": 63.07 }, "activity_lines": [ 9.863855, 10.624437, 11.992756, 12.155362 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 10.92, "trend_reference": 12.061115, "distance_from_trend": -0.094611, "trend_direction": "Improving", "fair_value": 9.077149, "distance_from_fair_value": 0.203021, "fair_value_direction": "Weakening", "relative_strength": -3.855051, "relative_strength_direction": "Weakening", "price_momentum": 0.054054, "excess_performance": 0.097258, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094611, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.037456, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.203021, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.636992, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038551, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.441014, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.054054, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.806844, "read": "Supply-led" } ], "volume": { "latest": 132860934, "relative_activity": 1.007246, "balance": 0.806844, "dry_up": 0.818049, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.166558, "annualized_volatility": 0.742368, "from_high_reference": -0.361404, "from_low_reference": 0.379323 }, "levels": { "trend_reference": 12.061115, "fair_value_reference": 9.077149, "structural_low": 7.916926, "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": 5, "median_return": 0.03207, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.037438, "regime_survival": 0.2, "best_return": 0.155325, "worst_return": -0.137239, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.095648, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.055361, "regime_survival": 0.0, "best_return": 0.218935, "worst_return": -0.064435, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.008047, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.021741, "regime_survival": 0.25, "best_return": 0.394267, "worst_return": -0.048544, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.036698, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.095034, "regime_survival": 0.0, "best_return": 0.205614, "worst_return": -0.132217, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": -0.010243, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.03423, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.037296, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-04-18", "tenure": "Developing", "return": -0.0553, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-06-13", "tenure": "Developing", "return": -0.074541, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-08-08", "tenure": "Developing", "return": 0.094612, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.160889, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": -0.165004, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2026-02-13", "tenure": "Established", "return": 0.02439, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": 0.018587, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.0875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-03", "end": "2026-06-26", "tenure": "Established", "return": 0.015625, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.043919, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.154749, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.416049, "volume": 98775327, "typical_volume": 36978664.9, "trend": 7.102157, "fair_value": 8.387133, "relative_strength": -0.183614, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.246512, "energy": 48.36156, "activity_lines": [ 7.358634, 7.221474, 7.006241, 7.035727 ] }, { "date": "2023-08-04", "close": 7.052423, "volume": 84163768, "typical_volume": 39213825.75, "trend": 7.113563, "fair_value": 8.355926, "relative_strength": -5.19616, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.527671, "energy": 19.646996, "activity_lines": [ 7.25465, 7.216012, 7.019302, 7.032519 ] }, { "date": "2023-08-11", "close": 6.899318, "volume": 41940957, "typical_volume": 39434319.9, "trend": 7.108823, "fair_value": 8.332164, "relative_strength": -4.025581, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -8.226988, "energy": 7.360489, "activity_lines": [ 7.118131, 7.178039, 7.017189, 7.018696 ] }, { "date": "2023-08-18", "close": 6.822765, "volume": 32462829, "typical_volume": 39527094.05, "trend": 7.088913, "fair_value": 8.304093, "relative_strength": -2.955304, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.764534, "energy": 11.649489, "activity_lines": [ 6.991181, 7.122539, 7.009048, 7.000241 ] }, { "date": "2023-08-25", "close": 6.736643, "volume": 31091188, "typical_volume": 38492794.1, "trend": 7.063924, "fair_value": 8.271498, "relative_strength": -1.727394, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.330068, "energy": 27.70541, "activity_lines": [ 6.879542, 7.046334, 6.995189, 6.977514 ] }, { "date": "2023-09-01", "close": 6.98544, "volume": 40789033, "typical_volume": 39050569.45, "trend": 7.043127, "fair_value": 8.246167, "relative_strength": 0.025512, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.369319, "energy": 22.997148, "activity_lines": [ 6.879542, 7.019192, 7.004493, 6.97245 ] }, { "date": "2023-09-08", "close": 6.937594, "volume": 28224576, "typical_volume": 38857741.25, "trend": 7.005907, "fair_value": 8.221074, "relative_strength": 0.218444, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.212386, "energy": 17.730758, "activity_lines": [ 6.8923, 6.983874, 7.007209, 6.965642 ] }, { "date": "2023-09-15", "close": 6.851472, "volume": 31085340, "typical_volume": 38928709.85, "trend": 6.976228, "fair_value": 8.20028, "relative_strength": -0.823088, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.220925, "energy": 16.620613, "activity_lines": [ 6.884007, 6.94003, 6.999604, 6.955678 ] }, { "date": "2023-09-22", "close": 6.975871, "volume": 39833492, "typical_volume": 40256224.8, "trend": 6.949433, "fair_value": 8.180161, "relative_strength": 0.631809, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.087495, "energy": 5.825037, "activity_lines": [ 6.92037, 6.929243, 7.002362, 6.955655 ] }, { "date": "2023-09-29", "close": 7.148114, "volume": 28447262, "typical_volume": 40291676.35, "trend": 6.930588, "fair_value": 8.160813, "relative_strength": 3.794922, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.245147, "energy": 14.343636, "activity_lines": [ 7.00394, 6.958994, 7.019674, 6.968473 ] }, { "date": "2023-10-13", "close": 7.817951, "volume": 148757561, "typical_volume": 46656888.05, "trend": 6.951107, "fair_value": 8.140515, "relative_strength": 14.052106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.823644, "energy": 51.095346, "activity_lines": [ 7.283357, 7.110882, 7.097883, 7.025723 ] }, { "date": "2023-10-20", "close": 8.640893, "volume": 431215390, "typical_volume": 67042406.75, "trend": 7.008206, "fair_value": 8.132343, "relative_strength": 29.626053, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.872745, "energy": 76.571995, "activity_lines": [ 7.781588, 7.405088, 7.249148, 7.134741 ] }, { "date": "2023-10-27", "close": 9.052364, "volume": 475898973, "typical_volume": 89879009.85, "trend": 7.071134, "fair_value": 8.128233, "relative_strength": 33.342962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.8271, "energy": 84.366017, "activity_lines": [ 8.303423, 7.745226, 7.430813, 7.266622 ] }, { "date": "2023-11-03", "close": 10.305916, "volume": 451964574, "typical_volume": 110441774.85, "trend": 7.169853, "fair_value": 8.129734, "relative_strength": 49.808708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.401311, "energy": 95.671442, "activity_lines": [ 9.096382, 8.274136, 7.720665, 7.475318 ] }, { "date": "2023-11-10", "close": 10.296347, "volume": 487570030, "typical_volume": 132562059.9, "trend": 7.292229, "fair_value": 8.12896, "relative_strength": 47.969695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.68134, "energy": 93.44609, "activity_lines": [ 9.664149, 8.737976, 7.991698, 7.677027 ] }, { "date": "2023-11-17", "close": 9.789184, "volume": 280847063, "typical_volume": 145667379.5, "trend": 7.399908, "fair_value": 8.125451, "relative_strength": 39.086643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.521909, "energy": 86.291831, "activity_lines": [ 9.852978, 9.044883, 8.198482, 7.838121 ] }, { "date": "2023-11-24", "close": 9.310729, "volume": 288545691, "typical_volume": 157483868.4, "trend": 7.493847, "fair_value": 8.119754, "relative_strength": 32.1085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.125955, "energy": 72.055656, "activity_lines": [ 9.750908, 9.213821, 8.346484, 7.9614 ] }, { "date": "2023-12-01", "close": 9.377714, "volume": 155031683, "typical_volume": 162662615.35, "trend": 7.588441, "fair_value": 8.110667, "relative_strength": 32.697239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.262968, "energy": 52.566473, "activity_lines": [ 9.62651, 9.35179, 8.491433, 8.08294 ] }, { "date": "2023-12-08", "close": 8.832274, "volume": 114591607, "typical_volume": 166299213.05, "trend": 7.663277, "fair_value": 8.110481, "relative_strength": 26.851744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.604062, "energy": 35.010666, "activity_lines": [ 9.298609, 9.344656, 8.57514, 8.163187 ] }, { "date": "2023-12-15", "close": 8.803567, "volume": 74045982, "typical_volume": 168264116.3, "trend": 7.738733, "fair_value": 8.108444, "relative_strength": 26.864282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.472652, "energy": 24.960279, "activity_lines": [ 9.059381, 9.298551, 8.649687, 8.236754 ] }, { "date": "2023-12-22", "close": 9.549956, "volume": 225806977, "typical_volume": 174615698.8, "trend": 7.833706, "fair_value": 8.108342, "relative_strength": 37.79711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.280829, "energy": 25.943552, "activity_lines": [ 9.168468, 9.358053, 8.787528, 8.353607 ] }, { "date": "2023-12-29", "close": 9.320298, "volume": 306237214, "typical_volume": 185719371.1, "trend": 7.917869, "fair_value": 8.106768, "relative_strength": 30.725669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.602847, "energy": 22.123904, "activity_lines": [ 9.216952, 9.344308, 8.893335, 8.449516 ] }, { "date": "2024-01-05", "close": 8.325112, "volume": 109747957, "typical_volume": 189109721.1, "trend": 7.972013, "fair_value": 8.101482, "relative_strength": 17.9862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.133327, "energy": 15.251938, "activity_lines": [ 8.933069, 9.137267, 8.893562, 8.47579 ] }, { "date": "2024-01-12", "close": 8.238991, "volume": 69597621, "typical_volume": 190966460.7, "trend": 8.028471, "fair_value": 8.096128, "relative_strength": 18.031083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.647741, "energy": 12.393329, "activity_lines": [ 8.690652, 8.927791, 8.878799, 8.493014 ] }, { "date": "2024-01-19", "close": 7.798812, "volume": 59942277, "typical_volume": 192409015.15, "trend": 8.056859, "fair_value": 8.083195, "relative_strength": 13.214927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.589739, "energy": 13.658198, "activity_lines": [ 8.341061, 8.675863, 8.815369, 8.478198 ] }, { "date": "2024-01-26", "close": 7.664845, "volume": 75044440, "typical_volume": 194121785.5, "trend": 8.078549, "fair_value": 8.070797, "relative_strength": 8.023871, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.583735, "energy": 30.224746, "activity_lines": [ 8.013798, 8.444987, 8.734123, 8.452906 ] }, { "date": "2024-02-02", "close": 6.468709, "volume": 61463684, "typical_volume": 195783740.9, "trend": 8.049842, "fair_value": 8.054186, "relative_strength": -2.879254, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.576253, "energy": 62.083226, "activity_lines": [ 7.413497, 8.035256, 8.535724, 8.349046 ] }, { "date": "2024-02-09", "close": 6.55483, "volume": 97143885, "typical_volume": 199086668.15, "trend": 8.020816, "fair_value": 8.039523, "relative_strength": -6.214935, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.081779, "energy": 69.457579, "activity_lines": [ 7.032009, 7.692856, 8.347759, 8.252593 ] }, { "date": "2024-02-23", "close": 7.19596, "volume": 113433937, "typical_volume": 202766690.4, "trend": 8.011246, "fair_value": 8.032666, "relative_strength": -1.745308, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.212241, "energy": 63.343321, "activity_lines": [ 6.98225, 7.518351, 8.222268, 8.199377 ] }, { "date": "2024-03-01", "close": 7.683983, "volume": 145912124, "typical_volume": 208639933.5, "trend": 8.028471, "fair_value": 8.031636, "relative_strength": 4.03829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.426906, "energy": 57.432817, "activity_lines": [ 7.164701, 7.462328, 8.142206, 8.178263 ] }, { "date": "2024-03-08", "close": 7.473464, "volume": 73671491, "typical_volume": 204885630.0, "trend": 8.030385, "fair_value": 8.031591, "relative_strength": 0.499503, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.669038, "energy": 32.534675, "activity_lines": [ 7.284633, 7.388385, 8.039544, 8.142456 ] }, { "date": "2024-03-15", "close": 8.009334, "volume": 74518478, "typical_volume": 187050784.4, "trend": 8.062282, "fair_value": 8.03392, "relative_strength": 7.14475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.240134, "energy": 13.701708, "activity_lines": [ 7.595948, 7.449628, 7.989557, 8.141098 ] }, { "date": "2024-03-22", "close": 8.038039, "volume": 131474020, "typical_volume": 169829536.75, "trend": 8.100239, "fair_value": 8.033644, "relative_strength": 7.417816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.366264, "energy": 13.44652, "activity_lines": [ 7.814123, 7.539925, 7.945311, 8.139534 ] }, { "date": "2024-03-29", "close": 7.808382, "volume": 57515381, "typical_volume": 150107077.1, "trend": 8.133093, "fair_value": 8.032047, "relative_strength": 4.228193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.664732, "energy": 21.51655, "activity_lines": [ 7.856865, 7.593686, 7.884023, 8.120705 ] }, { "date": "2024-04-05", "close": 7.636138, "volume": 31673128, "typical_volume": 127312232.0, "trend": 8.163076, "fair_value": 8.022769, "relative_strength": 0.763627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.395, "energy": 21.556893, "activity_lines": [ 7.801364, 7.623959, 7.818224, 8.088643 ] }, { "date": "2024-04-12", "close": 7.30122, "volume": 45240952, "typical_volume": 115531926.45, "trend": 8.173602, "fair_value": 8.011435, "relative_strength": -2.198697, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.567803, "energy": 24.234037, "activity_lines": [ 7.637414, 7.596296, 7.733196, 8.033039 ] }, { "date": "2024-04-19", "close": 6.995009, "volume": 59805695, "typical_volume": 104094926.65, "trend": 8.175516, "fair_value": 8.00126, "relative_strength": -7.908603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.056833, "energy": 43.663263, "activity_lines": [ 7.382876, 7.519569, 7.630852, 7.957001 ] }, { "date": "2024-04-26", "close": 7.530878, "volume": 45887732, "typical_volume": 98637729.1, "trend": 8.198163, "fair_value": 7.997702, "relative_strength": -1.964279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.760944, "energy": 39.18101, "activity_lines": [ 7.374583, 7.530704, 7.590571, 7.915412 ] }, { "date": "2024-05-03", "close": 7.82752, "volume": 27652788, "typical_volume": 94290788.15, "trend": 8.226551, "fair_value": 7.996289, "relative_strength": 0.933384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.604931, "energy": 29.828617, "activity_lines": [ 7.498981, 7.578028, 7.587336, 7.891499 ] }, { "date": "2024-05-10", "close": 7.884934, "volume": 44452044, "typical_volume": 92811091.25, "trend": 8.251112, "fair_value": 7.991576, "relative_strength": -0.336809, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.277517, "energy": 15.572129, "activity_lines": [ 7.641241, 7.624307, 7.594353, 7.869459 ] }, { "date": "2024-05-17", "close": 7.789244, "volume": 31076988, "typical_volume": 83074591.8, "trend": 8.250155, "fair_value": 7.990584, "relative_strength": -1.901729, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.007889, "energy": 14.794461, "activity_lines": [ 7.735019, 7.649535, 7.596631, 7.839661 ] }, { "date": "2024-05-24", "close": 7.463895, "volume": 38873608, "typical_volume": 69706411.5, "trend": 8.210922, "fair_value": 7.985749, "relative_strength": -4.321803, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.811596, "energy": 15.363449, "activity_lines": [ 7.687811, 7.609867, 7.576309, 7.788935 ] }, { "date": "2024-05-31", "close": 7.683983, "volume": 31636809, "typical_volume": 65800854.1, "trend": 8.165309, "fair_value": 7.980051, "relative_strength": -1.770388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.049013, "energy": 10.731205, "activity_lines": [ 7.682708, 7.620132, 7.585786, 7.754939 ] }, { "date": "2024-06-07", "close": 7.109838, "volume": 44887513, "typical_volume": 64565348.7, "trend": 8.058773, "fair_value": 7.973037, "relative_strength": -8.201254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.401026, "energy": 31.069092, "activity_lines": [ 7.476015, 7.532444, 7.543637, 7.686844 ] }, { "date": "2024-06-14", "close": 7.081131, "volume": 23831784, "typical_volume": 62759824.05, "trend": 7.951599, "fair_value": 7.964748, "relative_strength": -8.190945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.092758, "energy": 46.494729, "activity_lines": [ 7.307599, 7.452238, 7.50413, 7.62377 ] }, { "date": "2024-06-21", "close": 6.928025, "volume": 32461236, "typical_volume": 60630663.85, "trend": 7.856227, "fair_value": 7.958841, "relative_strength": -9.338096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.696141, "energy": 60.456021, "activity_lines": [ 7.141735, 7.354285, 7.45346, 7.557733 ] }, { "date": "2024-06-28", "close": 6.736643, "volume": 34974859, "typical_volume": 59306222.6, "trend": 7.770424, "fair_value": 7.950557, "relative_strength": -11.028738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.914419, "energy": 72.114258, "activity_lines": [ 6.969491, 7.228321, 7.388071, 7.485502 ] }, { "date": "2024-07-05", "close": 6.494694, "volume": 26753598, "typical_volume": 55786708.25, "trend": 7.674324, "fair_value": 7.938841, "relative_strength": -13.72158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.223586, "energy": 77.140131, "activity_lines": [ 6.765081, 7.063063, 7.298363, 7.403197 ] }, { "date": "2024-07-12", "close": 7.053061, "volume": 40035256, "typical_volume": 52116774.2, "trend": 7.615016, "fair_value": 7.933312, "relative_strength": -7.036874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.550746, "energy": 62.800389, "activity_lines": [ 6.826079, 7.018167, 7.26212, 7.363115 ] }, { "date": "2024-07-19", "close": 6.651429, "volume": 29082824, "typical_volume": 46275309.2, "trend": 7.543279, "fair_value": 7.926937, "relative_strength": -12.593372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.280122, "energy": 61.677524, "activity_lines": [ 6.756985, 6.914328, 7.188306, 7.300948 ] }, { "date": "2024-07-26", "close": 6.563265, "volume": 35891358, "typical_volume": 44386302.55, "trend": 7.443722, "fair_value": 7.919546, "relative_strength": -10.997282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.503538, "energy": 55.787874, "activity_lines": [ 6.68715, 6.816886, 7.111013, 7.237722 ] }, { "date": "2024-08-02", "close": 7.51347, "volume": 54542602, "typical_volume": 43387508.75, "trend": 7.383495, "fair_value": 7.918417, "relative_strength": 1.135094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.708554, "energy": 19.85345, "activity_lines": [ 6.958368, 6.9145, 7.12855, 7.242222 ] }, { "date": "2024-08-09", "close": 6.661225, "volume": 167285487, "typical_volume": 45178082.1, "trend": 7.328032, "fair_value": 7.908228, "relative_strength": -9.02845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.004488, "energy": 28.1665, "activity_lines": [ 6.893715, 6.856258, 7.067282, 7.195624 ] }, { "date": "2024-08-16", "close": 6.788571, "volume": 44833701, "typical_volume": 44543998.1, "trend": 7.279684, "fair_value": 7.900311, "relative_strength": -7.99141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.720032, "energy": 23.012598, "activity_lines": [ 6.860408, 6.839766, 7.024698, 7.16082 ] }, { "date": "2024-08-23", "close": 6.563265, "volume": 37752297, "typical_volume": 44847956.55, "trend": 7.238499, "fair_value": 7.88654, "relative_strength": -10.355586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.688548, "energy": 28.72647, "activity_lines": [ 6.769633, 6.78815, 6.965513, 7.114599 ] }, { "date": "2024-08-30", "close": 6.671021, "volume": 36006921, "typical_volume": 44386255.0, "trend": 7.205372, "fair_value": 7.875171, "relative_strength": -8.60975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.413699, "energy": 34.530714, "activity_lines": [ 6.720653, 6.765542, 6.9217, 7.077988 ] }, { "date": "2024-09-06", "close": 6.543674, "volume": 35069714, "typical_volume": 43149455.95, "trend": 7.207871, "fair_value": 7.858533, "relative_strength": -7.993109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.453839, "energy": 46.598271, "activity_lines": [ 6.622041, 6.724453, 6.868759, 7.035297 ] }, { "date": "2024-09-13", "close": 6.367347, "volume": 26845802, "typical_volume": 42197359.45, "trend": 7.201621, "fair_value": 7.826333, "relative_strength": -8.514705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.247944, "energy": 55.290928, "activity_lines": [ 6.529306, 6.654813, 6.801174, 6.98107 ] }, { "date": "2024-09-20", "close": 6.377143, "volume": 17727022, "typical_volume": 41701071.15, "trend": 7.174328, "fair_value": 7.80276, "relative_strength": -9.539953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.258158, "energy": 55.065101, "activity_lines": [ 6.459429, 6.589269, 6.740062, 6.927878 ] }, { "date": "2024-09-27", "close": 7.072653, "volume": 47996620, "typical_volume": 41878299.95, "trend": 7.15395, "fair_value": 7.779277, "relative_strength": -11.132013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.659333, "energy": 26.59204, "activity_lines": [ 6.648816, 6.662471, 6.752097, 6.921318 ] }, { "date": "2024-10-04", "close": 7.68, "volume": 33571920, "typical_volume": 42003046.55, "trend": 7.160834, "fair_value": 7.768424, "relative_strength": -10.751254, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.453684, "energy": 9.864967, "activity_lines": [ 7.006694, 6.838442, 6.825842, 6.955257 ] }, { "date": "2024-10-11", "close": 7.160816, "volume": 95956804, "typical_volume": 44857206.35, "trend": 7.13255, "fair_value": 7.755057, "relative_strength": -13.666603, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.268364, "energy": 17.320996, "activity_lines": [ 7.124245, 6.899711, 6.850661, 6.955256 ] }, { "date": "2024-10-18", "close": 7.278367, "volume": 56742130, "typical_volume": 46112472.4, "trend": 7.107228, "fair_value": 7.745826, "relative_strength": -13.234208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 17.302759, "energy": 26.899472, "activity_lines": [ 7.239837, 6.988764, 6.888118, 6.964663 ] }, { "date": "2024-10-25", "close": 7.650612, "volume": 77201150, "typical_volume": 47728154.25, "trend": 7.101969, "fair_value": 7.740866, "relative_strength": -9.459407, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.894304, "energy": 45.458178, "activity_lines": [ 7.418775, 7.134278, 6.962959, 6.99972 ] }, { "date": "2024-11-01", "close": 7.924898, "volume": 108392243, "typical_volume": 51956177.2, "trend": 7.111594, "fair_value": 7.739377, "relative_strength": -5.007749, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.407593, "energy": 60.100617, "activity_lines": [ 7.604245, 7.313989, 7.061347, 7.052812 ] }, { "date": "2024-11-08", "close": 8.071836, "volume": 110527024, "typical_volume": 55859466.6, "trend": 7.137282, "fair_value": 7.738573, "relative_strength": -7.558399, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.004272, "energy": 69.245481, "activity_lines": [ 7.781877, 7.495658, 7.169712, 7.114764 ] }, { "date": "2024-11-15", "close": 7.777959, "volume": 77652652, "typical_volume": 57993356.25, "trend": 7.16338, "fair_value": 7.735971, "relative_strength": -6.927642, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.079816, "energy": 62.364964, "activity_lines": [ 7.835428, 7.598426, 7.244641, 7.156098 ] }, { "date": "2024-11-22", "close": 7.572245, "volume": 56269460, "typical_volume": 59469149.35, "trend": 7.164759, "fair_value": 7.728024, "relative_strength": -6.994701, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.079349, "energy": 61.970437, "activity_lines": [ 7.779265, 7.64135, 7.29502, 7.182476 ] }, { "date": "2024-11-29", "close": 8.013062, "volume": 70756056, "typical_volume": 61005189.35, "trend": 7.170944, "fair_value": 7.719392, "relative_strength": -2.844359, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.088789, "energy": 53.823835, "activity_lines": [ 7.850449, 7.742516, 7.382251, 7.237205 ] }, { "date": "2024-12-06", "close": 8.199183, "volume": 74588668, "typical_volume": 63280481.55, "trend": 7.181419, "fair_value": 7.70964, "relative_strength": -2.335887, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.894841, "energy": 48.449551, "activity_lines": [ 7.95951, 7.847777, 7.482635, 7.303543 ] }, { "date": "2024-12-13", "close": 8.238367, "volume": 79979044, "typical_volume": 65484865.85, "trend": 7.196389, "fair_value": 7.695985, "relative_strength": -1.095611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.400012, "energy": 48.535532, "activity_lines": [ 8.063347, 7.939681, 7.579382, 7.371733 ] }, { "date": "2024-12-20", "close": 8.101225, "volume": 47033202, "typical_volume": 65109395.85, "trend": 7.217634, "fair_value": 7.677298, "relative_strength": -1.602606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.813463, "energy": 48.240142, "activity_lines": [ 8.110367, 7.996497, 7.65509, 7.43011 ] }, { "date": "2024-12-27", "close": 8.169796, "volume": 55295315, "typical_volume": 59509887.25, "trend": 7.233827, "fair_value": 7.657765, "relative_strength": -1.025539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.681941, "energy": 51.918166, "activity_lines": [ 8.158694, 8.048683, 7.734531, 7.49154 ] }, { "date": "2025-01-03", "close": 7.435102, "volume": 40779899, "typical_volume": 59307197.15, "trend": 7.244669, "fair_value": 7.63288, "relative_strength": -4.011354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.203351, "energy": 28.359542, "activity_lines": [ 7.922286, 7.95108, 7.736816, 7.504525 ] }, { "date": "2025-01-10", "close": 7.738776, "volume": 61828910, "typical_volume": 60511027.8, "trend": 7.266591, "fair_value": 7.611397, "relative_strength": 1.58581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.169106, "energy": 20.595009, "activity_lines": [ 7.825633, 7.912609, 7.764945, 7.536403 ] }, { "date": "2025-01-17", "close": 8.404898, "volume": 309254694, "typical_volume": 74173416.45, "trend": 7.31582, "fair_value": 7.595041, "relative_strength": 8.065409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.961489, "energy": 25.687219, "activity_lines": [ 7.981714, 7.998635, 7.850915, 7.609842 ] }, { "date": "2025-01-24", "close": 8.718367, "volume": 174485621, "typical_volume": 81144211.8, "trend": 7.381878, "fair_value": 7.579582, "relative_strength": 11.78898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.102299, "energy": 36.746389, "activity_lines": [ 8.231184, 8.135599, 7.958484, 7.700329 ] }, { "date": "2025-01-31", "close": 8.502857, "volume": 22656640, "typical_volume": 80934753.7, "trend": 7.448816, "fair_value": 7.563426, "relative_strength": 9.109314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.723243, "energy": 47.579923, "activity_lines": [ 8.367673, 8.216282, 8.035172, 7.77265 ] }, { "date": "2025-02-07", "close": 8.698775, "volume": 91613144, "typical_volume": 84629059.8, "trend": 7.503673, "fair_value": 7.549981, "relative_strength": 9.598534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.693827, "energy": 61.433056, "activity_lines": [ 8.547265, 8.315666, 8.12035, 7.853293 ] }, { "date": "2025-02-14", "close": 9.061225, "volume": 165104271, "typical_volume": 90484442.35, "trend": 7.584, "fair_value": 7.537319, "relative_strength": 12.318478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.972422, "energy": 72.655569, "activity_lines": [ 8.763429, 8.468482, 8.228991, 7.95378 ] }, { "date": "2025-02-21", "close": 8.835919, "volume": 150091488, "typical_volume": 96310420.75, "trend": 7.659755, "fair_value": 7.529079, "relative_strength": 8.285743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.238394, "energy": 62.219433, "activity_lines": [ 8.816327, 8.564661, 8.306706, 8.034549 ] }, { "date": "2025-02-28", "close": 8.963265, "volume": 213892752, "typical_volume": 102207218.15, "trend": 7.708082, "fair_value": 7.525424, "relative_strength": 11.629264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.466224, "energy": 53.495159, "activity_lines": [ 8.882939, 8.673128, 8.391044, 8.118646 ] }, { "date": "2025-03-07", "close": 10.197551, "volume": 110013448, "typical_volume": 104870784.05, "trend": 7.825959, "fair_value": 7.525699, "relative_strength": 24.49164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.335076, "energy": 70.439037, "activity_lines": [ 9.344653, 8.990338, 8.58435, 8.279257 ] }, { "date": "2025-03-14", "close": 9.98204, "volume": 247771884, "typical_volume": 113399320.75, "trend": 7.932408, "fair_value": 7.528446, "relative_strength": 19.903173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.814223, "energy": 64.383209, "activity_lines": [ 9.621551, 9.231495, 8.74323, 8.418359 ] }, { "date": "2025-03-21", "close": 10.119184, "volume": 182175033, "typical_volume": 117088460.25, "trend": 8.050939, "fair_value": 7.53233, "relative_strength": 23.167435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.54466, "energy": 68.733671, "activity_lines": [ 9.858612, 9.45128, 8.90407, 8.559442 ] }, { "date": "2025-03-28", "close": 9.374694, "volume": 105118752, "typical_volume": 116818046.65, "trend": 8.141061, "fair_value": 7.541248, "relative_strength": 14.359267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.938095, "energy": 57.765082, "activity_lines": [ 9.77698, 9.492423, 8.983557, 8.644845 ] }, { "date": "2025-04-04", "close": 9.002449, "volume": 56305444, "typical_volume": 115750686.25, "trend": 8.22302, "fair_value": 7.552962, "relative_strength": 9.946014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.016327, "energy": 39.826161, "activity_lines": [ 9.535347, 9.448252, 9.021388, 8.700419 ] }, { "date": "2025-04-11", "close": 7.924898, "volume": 101895238, "typical_volume": 118031975.15, "trend": 8.274939, "fair_value": 7.558796, "relative_strength": -0.135072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.642062, "energy": 12.416397, "activity_lines": [ 8.931918, 9.202998, 8.950764, 8.681185 ] }, { "date": "2025-04-18", "close": 8.032653, "volume": 55010215, "typical_volume": 117244683.1, "trend": 8.330122, "fair_value": 7.565021, "relative_strength": -0.099416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.910186, "energy": 21.05499, "activity_lines": [ 8.515918, 8.987844, 8.888723, 8.665554 ] }, { "date": "2025-04-25", "close": 8.542041, "volume": 56754009, "typical_volume": 116352950.15, "trend": 8.379102, "fair_value": 7.575625, "relative_strength": 5.517318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.307148, "energy": 25.842782, "activity_lines": [ 8.399674, 8.877417, 8.875102, 8.679226 ] }, { "date": "2025-05-02", "close": 8.169796, "volume": 53932576, "typical_volume": 115050626.75, "trend": 8.395429, "fair_value": 7.582729, "relative_strength": 1.435879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.343188, "energy": 28.434055, "activity_lines": [ 8.26449, 8.70875, 8.824397, 8.665722 ] }, { "date": "2025-05-09", "close": 8.346123, "volume": 46037100, "typical_volume": 115000821.65, "trend": 8.434939, "fair_value": 7.593876, "relative_strength": 1.674455, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.41549, "energy": 25.055017, "activity_lines": [ 8.268408, 8.584252, 8.790811, 8.662541 ] }, { "date": "2025-05-16", "close": 8.512652, "volume": 68103704, "typical_volume": 115641241.1, "trend": 8.476082, "fair_value": 7.609173, "relative_strength": 2.872053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.543416, "energy": 14.70218, "activity_lines": [ 8.371592, 8.501254, 8.771918, 8.667555 ] }, { "date": "2025-05-23", "close": 8.257959, "volume": 71619100, "typical_volume": 117183201.15, "trend": 8.496327, "fair_value": 7.625964, "relative_strength": 0.323978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.507353, "energy": 15.180212, "activity_lines": [ 8.350694, 8.402582, 8.727137, 8.653483 ] }, { "date": "2025-05-30", "close": 8.071836, "volume": 65931614, "typical_volume": 117388336.35, "trend": 8.501224, "fair_value": 7.641605, "relative_strength": -1.851386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.573144, "energy": 17.086098, "activity_lines": [ 8.252734, 8.301417, 8.660711, 8.626096 ] }, { "date": "2025-06-06", "close": 8.042449, "volume": 28309924, "typical_volume": 103341097.85, "trend": 8.500245, "fair_value": 7.654831, "relative_strength": -3.337129, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.776572, "energy": 23.211988, "activity_lines": [ 8.176326, 8.232133, 8.589901, 8.596498 ] }, { "date": "2025-06-13", "close": 7.905306, "volume": 62180581, "typical_volume": 97725845.85, "trend": 8.50449, "fair_value": 7.664051, "relative_strength": -4.754631, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.508647, "energy": 40.245374, "activity_lines": [ 8.062694, 8.162137, 8.507755, 8.558114 ] }, { "date": "2025-06-20", "close": 7.61, "volume": 32429524, "typical_volume": 98214490.05, "trend": 8.505748, "fair_value": 7.672021, "relative_strength": -7.81284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.221481, "energy": 64.228959, "activity_lines": [ 7.880013, 8.058397, 8.401357, 8.500405 ] }, { "date": "2025-06-27", "close": 7.93, "volume": 53627563, "typical_volume": 96315211.0, "trend": 8.50298, "fair_value": 7.674975, "relative_strength": -5.774811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.721205, "energy": 59.14529, "activity_lines": [ 7.864177, 8.018564, 8.329686, 8.46326 ] }, { "date": "2025-07-04", "close": 7.98, "volume": 38435693, "typical_volume": 89981782.1, "trend": 8.495673, "fair_value": 7.682019, "relative_strength": -6.564539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.581373, "energy": 54.406292, "activity_lines": [ 7.886871, 7.989688, 8.266438, 8.42952 ] }, { "date": "2025-07-11", "close": 8.14, "volume": 39062077, "typical_volume": 84430311.55, "trend": 8.492395, "fair_value": 7.682809, "relative_strength": -5.678686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.07076, "energy": 50.7525, "activity_lines": [ 7.96902, 8.000122, 8.223577, 8.406573 ] }, { "date": "2025-07-18", "close": 8.24, "volume": 41757255, "typical_volume": 75823536.7, "trend": 8.49702, "fair_value": 7.68127, "relative_strength": -5.251412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.932379, "energy": 24.544071, "activity_lines": [ 8.078, 8.02928, 8.193554, 8.39029 ] }, { "date": "2025-07-25", "close": 8.35, "volume": 40514763, "typical_volume": 72348602.45, "trend": 8.503027, "fair_value": 7.682074, "relative_strength": -5.606757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.946535, "energy": 21.854688, "activity_lines": [ 8.201333, 8.080367, 8.177451, 8.380804 ] }, { "date": "2025-08-01", "close": 8.18, "volume": 55674341, "typical_volume": 62743725.3, "trend": 8.527857, "fair_value": 7.684154, "relative_strength": -6.442352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.065527, "energy": 22.216543, "activity_lines": [ 8.218667, 8.103503, 8.153955, 8.359964 ] }, { "date": "2025-08-08", "close": 8.33, "volume": 53952151, "typical_volume": 56332581.2, "trend": 8.547565, "fair_value": 7.687803, "relative_strength": -6.670889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.649387, "energy": 17.590201, "activity_lines": [ 8.269333, 8.155328, 8.153326, 8.347199 ] }, { "date": "2025-08-15", "close": 11.25, "volume": 286429436, "typical_volume": 65398115.4, "trend": 8.642401, "fair_value": 7.708896, "relative_strength": 23.28096, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.56317, "energy": 72.358639, "activity_lines": [ 9.27, 8.733369, 8.439313, 8.52155 ] }, { "date": "2025-08-22", "close": 13.06, "volume": 539423930, "typical_volume": 89554039.7, "trend": 8.787122, "fair_value": 7.738436, "relative_strength": 37.100081, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.871953, "energy": 97.230062, "activity_lines": [ 10.666667, 9.582182, 8.88875, 8.806556 ] }, { "date": "2025-08-29", "close": 13.03, "volume": 696648984, "typical_volume": 119291727.0, "trend": 8.938027, "fair_value": 7.766935, "relative_strength": 34.573713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.799346, "energy": 95.554742, "activity_lines": [ 11.732, 10.331818, 9.316009, 9.08029 ] }, { "date": "2025-09-05", "close": 10.67, "volume": 337811519, "typical_volume": 133431792.2, "trend": 9.003735, "fair_value": 7.780913, "relative_strength": 11.143757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.024661, "energy": 85.404139, "activity_lines": [ 11.698667, 10.553818, 9.494195, 9.19203 ] }, { "date": "2025-09-12", "close": 10.71, "volume": 198248391, "typical_volume": 140506511.3, "trend": 9.058694, "fair_value": 7.793933, "relative_strength": 9.541363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.211977, "energy": 71.736305, "activity_lines": [ 11.512667, 10.733273, 9.663633, 9.302112 ] }, { "date": "2025-09-19", "close": 11.58, "volume": 357020158, "typical_volume": 155660890.4, "trend": 9.150163, "fair_value": 7.813562, "relative_strength": 19.368441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.259789, "energy": 54.870578, "activity_lines": [ 11.458, 11.021273, 9.905603, 9.464777 ] }, { "date": "2025-09-26", "close": 10.5, "volume": 252067489, "typical_volume": 165962409.85, "trend": 9.201388, "fair_value": 7.830393, "relative_strength": 7.640401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.794573, "energy": 32.380833, "activity_lines": [ 11.021333, 11.050364, 10.028478, 9.551863 ] }, { "date": "2025-10-03", "close": 10.88, "volume": 64178736, "typical_volume": 165766161.45, "trend": 9.224136, "fair_value": 7.850509, "relative_strength": 9.551848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.687864, "energy": 29.001512, "activity_lines": [ 10.882, 11.107455, 10.177287, 9.660161 ] }, { "date": "2025-10-10", "close": 10.66, "volume": 42330924, "typical_volume": 164301752.65, "trend": 9.246735, "fair_value": 7.873886, "relative_strength": 6.535626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.977628, "energy": 26.368005, "activity_lines": [ 10.812667, 11.078545, 10.29387, 9.752797 ] }, { "date": "2025-10-17", "close": 10.0, "volume": 94027085, "typical_volume": 165706526.2, "trend": 9.242762, "fair_value": 7.893701, "relative_strength": 1.147891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.848831, "energy": 20.519717, "activity_lines": [ 10.524, 10.884545, 10.336157, 9.801395 ] }, { "date": "2025-10-24", "close": 10.27, "volume": 57978778, "typical_volume": 167189968.9, "trend": 9.272605, "fair_value": 7.9184, "relative_strength": 0.759998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.491892, "energy": 18.148326, "activity_lines": [ 10.372667, 10.709273, 10.394978, 9.867668 ] }, { "date": "2025-10-31", "close": 10.35, "volume": 71431206, "typical_volume": 167652500.15, "trend": 9.317524, "fair_value": 7.941004, "relative_strength": 1.282663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.822241, "energy": 16.755565, "activity_lines": [ 10.335333, 10.566364, 10.45081, 9.937178 ] }, { "date": "2025-11-07", "close": 10.39, "volume": 89285340, "typical_volume": 170495290.95, "trend": 9.399694, "fair_value": 7.961862, "relative_strength": 0.391389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.263863, "energy": 12.671978, "activity_lines": [ 10.321333, 10.48, 10.49881, 10.00637 ] }, { "date": "2025-11-14", "close": 11.21, "volume": 221822176, "typical_volume": 178905021.6, "trend": 9.505605, "fair_value": 7.989736, "relative_strength": 8.125553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.754957, "energy": 20.36011, "activity_lines": [ 10.613333, 10.590727, 10.611667, 10.123163 ] }, { "date": "2025-11-21", "close": 9.9, "volume": 148561556, "typical_volume": 184411314.75, "trend": 9.550871, "fair_value": 8.005026, "relative_strength": -0.829199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.178815, "energy": 9.93739, "activity_lines": [ 10.432, 10.453455, 10.584143, 10.148608 ] }, { "date": "2025-11-28", "close": 10.05, "volume": 64029455, "typical_volume": 185659683.65, "trend": 9.613544, "fair_value": 8.022552, "relative_strength": -0.845618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.150654, "energy": 8.970375, "activity_lines": [ 10.307333, 10.358182, 10.561762, 10.18081 ] }, { "date": "2025-12-05", "close": 9.77, "volume": 57832224, "typical_volume": 186463432.1, "trend": 9.661007, "fair_value": 8.037677, "relative_strength": -4.02619, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.996151, "energy": 12.966414, "activity_lines": [ 10.104, 10.239818, 10.503619, 10.190904 ] }, { "date": "2025-12-12", "close": 9.74, "volume": 41751380, "typical_volume": 186525262.95, "trend": 9.701918, "fair_value": 8.055035, "relative_strength": -4.043078, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.790441, "energy": 27.537811, "activity_lines": [ 9.929333, 10.129273, 10.435333, 10.196 ] }, { "date": "2025-12-19", "close": 10.25, "volume": 103205944, "typical_volume": 188901843.1, "trend": 9.76832, "fair_value": 8.074511, "relative_strength": 0.782428, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.131604, "energy": 23.799773, "activity_lines": [ 9.968, 10.132182, 10.409, 10.231361 ] }, { "date": "2025-12-26", "close": 10.42, "volume": 108148207, "typical_volume": 191611645.9, "trend": 9.846592, "fair_value": 8.094712, "relative_strength": 0.394081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.395965, "energy": 10.81986, "activity_lines": [ 10.127333, 10.173455, 10.389, 10.273404 ] }, { "date": "2026-01-02", "close": 10.6, "volume": 54270320, "typical_volume": 180003690.1, "trend": 9.931844, "fair_value": 8.118979, "relative_strength": 1.72985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.461147, "energy": 15.360916, "activity_lines": [ 10.312, 10.239818, 10.37619, 10.322011 ] }, { "date": "2026-01-09", "close": 10.56, "volume": 86320883, "typical_volume": 157348537.75, "trend": 10.020333, "fair_value": 8.143657, "relative_strength": -2.468488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.249403, "energy": 22.642757, "activity_lines": [ 10.446667, 10.292909, 10.362667, 10.362538 ] }, { "date": "2026-01-16", "close": 10.71, "volume": 137787627, "typical_volume": 129405469.9, "trend": 10.123667, "fair_value": 8.169296, "relative_strength": -0.649994, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.24564, "energy": 24.112045, "activity_lines": [ 10.578667, 10.369455, 10.375333, 10.407032 ] }, { "date": "2026-01-23", "close": 10.88, "volume": 70804755, "typical_volume": 116055131.7, "trend": 10.222, "fair_value": 8.193902, "relative_strength": 0.127828, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.236455, "energy": 32.163973, "activity_lines": [ 10.702667, 10.471091, 10.415238, 10.455828 ] }, { "date": "2026-01-30", "close": 10.36, "volume": 88425438, "typical_volume": 110563984.05, "trend": 10.301333, "fair_value": 8.212748, "relative_strength": -4.165818, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.914565, "energy": 25.61486, "activity_lines": [ 10.611333, 10.484182, 10.404619, 10.464731 ] }, { "date": "2026-02-06", "close": 10.97, "volume": 116720889, "typical_volume": 98549020.6, "trend": 10.395667, "fair_value": 8.235079, "relative_strength": 2.7349, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.874404, "energy": 31.659572, "activity_lines": [ 10.727333, 10.599818, 10.453762, 10.507871 ] }, { "date": "2026-02-13", "close": 10.92, "volume": 56840292, "typical_volume": 88787660.75, "trend": 10.485, "fair_value": 8.256301, "relative_strength": 1.877682, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.541381, "energy": 33.046155, "activity_lines": [ 10.802, 10.689636, 10.501048, 10.541699 ] }, { "date": "2026-02-27", "close": 10.76, "volume": 55457876, "typical_volume": 88351617.75, "trend": 10.565333, "fair_value": 8.273646, "relative_strength": -1.541941, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.424962, "energy": 17.516412, "activity_lines": [ 10.799333, 10.729455, 10.531095, 10.559441 ] }, { "date": "2026-03-06", "close": 10.96, "volume": 81803432, "typical_volume": 90325243.15, "trend": 10.658, "fair_value": 8.294275, "relative_strength": 1.259716, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.022581, "energy": 25.052474, "activity_lines": [ 10.86, 10.787091, 10.580762, 10.584903 ] }, { "date": "2026-03-13", "close": 12.8, "volume": 299782887, "typical_volume": 100613033.25, "trend": 10.807, "fair_value": 8.326457, "relative_strength": 19.000878, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.468043, "energy": 62.07247, "activity_lines": [ 11.528667, 11.166364, 10.804238, 10.723097 ] }, { "date": "2026-03-20", "close": 11.62, "volume": 203931343, "typical_volume": 107910661.5, "trend": 10.819333, "fair_value": 8.351498, "relative_strength": 11.794504, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.874168, "energy": 52.021107, "activity_lines": [ 11.641333, 11.287818, 10.902, 10.775548 ] }, { "date": "2026-03-27", "close": 11.68, "volume": 147206856, "typical_volume": 111699444.0, "trend": 10.773333, "fair_value": 8.380201, "relative_strength": 13.634933, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.641134, "energy": 60.619661, "activity_lines": [ 11.730667, 11.401636, 10.999048, 10.831075 ] }, { "date": "2026-04-03", "close": 11.59, "volume": 150278362, "typical_volume": 114749095.1, "trend": 10.725333, "fair_value": 8.410086, "relative_strength": 13.578779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.682066, "energy": 57.966985, "activity_lines": [ 11.739333, 11.478727, 11.08119, 10.883763 ] }, { "date": "2026-04-10", "close": 12.87, "volume": 224991082, "typical_volume": 114907540.4, "trend": 10.798667, "fair_value": 8.44666, "relative_strength": 22.286277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.055542, "energy": 45.886417, "activity_lines": [ 12.119333, 11.772545, 11.279524, 11.022129 ] }, { "date": "2026-04-17", "close": 13.26, "volume": 243222903, "typical_volume": 119640607.75, "trend": 10.883667, "fair_value": 8.484581, "relative_strength": 23.223294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.59644, "energy": 56.309293, "activity_lines": [ 12.502, 12.101091, 11.507095, 11.180925 ] }, { "date": "2026-04-24", "close": 13.78, "volume": 231642013, "typical_volume": 128021235.65, "trend": 10.957, "fair_value": 8.530446, "relative_strength": 26.314866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.628952, "energy": 70.808178, "activity_lines": [ 13.027333, 12.471455, 11.76819, 11.367785 ] }, { "date": "2026-05-01", "close": 12.76, "volume": 124793536, "typical_volume": 131369301.25, "trend": 11.032333, "fair_value": 8.570197, "relative_strength": 15.622818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.32679, "energy": 64.101063, "activity_lines": [ 13.068667, 12.605273, 11.914381, 11.484108 ] }, { "date": "2026-05-08", "close": 15.88, "volume": 146680808, "typical_volume": 136615772.65, "trend": 11.199, "fair_value": 8.630373, "relative_strength": 40.246382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.951306, "energy": 80.223192, "activity_lines": [ 14.078, 13.272909, 12.343476, 11.79686 ] }, { "date": "2026-05-15", "close": 14.6, "volume": 191023152, "typical_volume": 141006633.05, "trend": 11.330333, "fair_value": 8.68204, "relative_strength": 29.38243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.416974, "energy": 72.87875, "activity_lines": [ 14.374667, 13.614727, 12.621429, 12.01628 ] }, { "date": "2026-05-22", "close": 14.53, "volume": 174803352, "typical_volume": 144339390.3, "trend": 11.481333, "fair_value": 8.732955, "relative_strength": 28.555788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.355164, "energy": 56.461363, "activity_lines": [ 14.532667, 13.877636, 12.872, 12.22271 ] }, { "date": "2026-05-29", "close": 14.6, "volume": 222434074, "typical_volume": 152747578.0, "trend": 11.625667, "fair_value": 8.784623, "relative_strength": 29.565063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.559161, "energy": 52.795443, "activity_lines": [ 14.629333, 14.121818, 13.109667, 12.423914 ] }, { "date": "2026-06-05", "close": 16.299999, "volume": 57412212, "typical_volume": 151302144.45, "trend": 11.824, "fair_value": 8.846156, "relative_strength": 44.477064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.358409, "energy": 54.374167, "activity_lines": [ 15.238, 14.620909, 13.49019, 12.725484 ] }, { "date": "2026-06-12", "close": 12.76, "volume": 27836380, "typical_volume": 145804582.1, "trend": 11.903, "fair_value": 8.884391, "relative_strength": 12.384803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.777495, "energy": 35.792414, "activity_lines": [ 14.430666, 14.392363, 13.506238, 12.785871 ] }, { "date": "2026-06-19", "close": 13.54, "volume": 107434450, "typical_volume": 147636066.85, "trend": 11.980667, "fair_value": 8.928232, "relative_strength": 16.762807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.912845, "energy": 25.481163, "activity_lines": [ 14.091333, 14.284363, 13.586809, 12.891484 ] }, { "date": "2026-06-26", "close": 11.771088, "volume": 20382200, "typical_volume": 144233904.95, "trend": 12.043036, "fair_value": 8.961731, "relative_strength": 2.643808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.232557, "energy": 12.79465, "activity_lines": [ 13.233029, 13.842561, 13.486246, 12.877963 ] }, { "date": "2026-07-03", "close": 11.761154, "volume": 18779010, "typical_volume": 139336811.0, "trend": 12.100075, "fair_value": 8.99259, "relative_strength": 1.734571, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.46005, "energy": 20.2958, "activity_lines": [ 12.555341, 13.426024, 13.378018, 12.859777 ] }, { "date": "2026-07-10", "close": 11.244617, "volume": 117563570, "typical_volume": 142372974.9, "trend": 12.149229, "fair_value": 9.019708, "relative_strength": -1.918031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.852637, "energy": 29.93495, "activity_lines": [ 11.894731, 12.952277, 13.216828, 12.804586 ] }, { "date": "2026-07-17", "close": 9.456604, "volume": 89645664, "typical_volume": 144082364.3, "trend": 12.139782, "fair_value": 9.033341, "relative_strength": -12.543333, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.036394, "energy": 52.615273, "activity_lines": [ 10.975142, 12.18099, 12.883805, 12.630868 ] }, { "date": "2026-07-24", "close": 8.76, "volume": 117800904, "typical_volume": 145882237.9, "trend": 12.090115, "fair_value": 9.041895, "relative_strength": -20.030054, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.508472, "energy": 64.681786, "activity_lines": [ 10.043578, 11.399836, 12.490646, 12.412818 ] }, { "date": "2026-07-31", "close": 9.23, "volume": 91312068, "typical_volume": 135458696.95, "trend": 12.050449, "fair_value": 9.053093, "relative_strength": -16.184287, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.711072, "energy": 67.509651, "activity_lines": [ 9.587347, 10.810318, 12.152724, 12.228294 ] }, { "date": "2026-08-07", "close": 10.92, "volume": 132860934, "typical_volume": 131905176.5, "trend": 12.061115, "fair_value": 9.077149, "relative_strength": -3.855051, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.351941, "energy": 61.340075, "activity_lines": [ 9.863855, 10.624437, 11.992756, 12.155362 ] } ], "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." } } }