{ "ticker": { "uuid": "50369741-e235-4095-9dd2-0720aed8585f", "symbol": "603967", "name": "China Master Logistics Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.406, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -45.862, "architecture_energy": 32.867, "architecture_maturity": 35.466, "architecture_confidence": 59.031, "architecture_tenure": "Developing", "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": 34.41, "rotation_up": 23.0, "upward_expansion": 15.59, "deceleration": 63.89, "rotation_down": 42.67, "downward_expansion": 65.59 }, "activity_lines": [ 11.299333, 11.282364, 11.796207, 12.030779 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.4, "trend_reference": 12.245168, "distance_from_trend": -0.069021, "trend_direction": "Weakening", "fair_value": 9.927239, "distance_from_fair_value": 0.148356, "fair_value_direction": "Weakening", "relative_strength": -3.49123, "relative_strength_direction": "Weakening", "price_momentum": -0.065935, "excess_performance": -0.022731, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.069021, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.010503, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.148356, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.282119, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034912, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.113179, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.065935, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.268657, "read": "Supply-led" } ], "volume": { "latest": 14699520, "relative_activity": 0.904923, "balance": 0.268657, "dry_up": 0.877376, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.070382, "annualized_volatility": 0.313168, "from_high_reference": -0.193423, "from_low_reference": 0.089174 }, "levels": { "trend_reference": 12.245168, "fair_value_reference": 9.927239, "structural_low": 10.63, "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": 10, "median_return": 0.023846, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.021106, "regime_survival": 0.6, "best_return": 0.189091, "worst_return": -0.022436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.161609, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.077481, "regime_survival": 0.0, "best_return": 0.244849, "worst_return": 0.027778, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.120474, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.113655, "regime_survival": 0.0, "best_return": 0.226667, "worst_return": 0.049145, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.144424, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.183664, "regime_survival": 0.0, "best_return": 0.467568, "worst_return": 0.123751, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-19", "end": "2024-08-30", "tenure": "Developing", "return": -0.00701, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": 0.104242, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-29", "tenure": "Developing", "return": 0.060143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.069133, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": 0.109325, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": 0.092131, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": 0.050802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-26", "tenure": "Developing", "return": -0.055366, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": 0.121294, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-01-30", "tenure": "Established", "return": 0.066778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-06", "tenure": "New", "return": 0.027132, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-06-19", "tenure": "Established", "return": -0.088083, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.05121, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.026103, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.337478, "volume": 8173620, "typical_volume": 9342192.05, "trend": 8.271383, "fair_value": 8.046644, "relative_strength": -2.027913, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.630978, "energy": 13.545494, "activity_lines": [ 8.169043, 8.075956, 8.084032, 8.175018 ] }, { "date": "2023-08-04", "close": 8.180661, "volume": 9878591, "typical_volume": 9017395.3, "trend": 8.267317, "fair_value": 8.042582, "relative_strength": -4.231242, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.206111, "energy": 16.737758, "activity_lines": [ 8.194019, 8.102409, 8.087813, 8.169165 ] }, { "date": "2023-08-11", "close": 8.102252, "volume": 6936543, "typical_volume": 8606093.2, "trend": 8.263966, "fair_value": 8.0387, "relative_strength": -2.210595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.436616, "energy": 15.486991, "activity_lines": [ 8.178337, 8.110963, 8.086135, 8.158516 ] }, { "date": "2023-08-18", "close": 8.381038, "volume": 11599723, "typical_volume": 8263874.35, "trend": 8.271571, "fair_value": 8.034519, "relative_strength": 2.836049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.41749, "energy": 16.552167, "activity_lines": [ 8.246872, 8.169097, 8.11307, 8.166069 ] }, { "date": "2023-08-25", "close": 7.858313, "volume": 11958889, "typical_volume": 8286614.3, "trend": 8.256206, "fair_value": 8.027974, "relative_strength": -1.434715, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.324223, "energy": 16.748924, "activity_lines": [ 8.121418, 8.12617, 8.089294, 8.139407 ] }, { "date": "2023-09-01", "close": 8.171947, "volume": 13287692, "typical_volume": 8529599.9, "trend": 8.24353, "fair_value": 8.022415, "relative_strength": 0.22009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.711202, "energy": 10.352305, "activity_lines": [ 8.121418, 8.142327, 8.097385, 8.133971 ] }, { "date": "2023-09-08", "close": 8.354901, "volume": 11392619, "typical_volume": 8465837.35, "trend": 8.22808, "fair_value": 8.014237, "relative_strength": 2.988105, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.672251, "energy": 5.393016, "activity_lines": [ 8.193437, 8.18462, 8.123483, 8.141156 ] }, { "date": "2023-09-15", "close": 8.459447, "volume": 10595516, "typical_volume": 8548180.2, "trend": 8.224433, "fair_value": 8.008587, "relative_strength": 4.264274, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.994512, "energy": 19.582463, "activity_lines": [ 8.28869, 8.238793, 8.157586, 8.156083 ] }, { "date": "2023-09-22", "close": 8.407174, "volume": 9747568, "typical_volume": 8784174.55, "trend": 8.208784, "fair_value": 8.002943, "relative_strength": 3.170193, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.677501, "energy": 42.97111, "activity_lines": [ 8.342705, 8.274592, 8.184933, 8.167873 ] }, { "date": "2023-09-29", "close": 8.415887, "volume": 6505229, "typical_volume": 8421779.9, "trend": 8.194256, "fair_value": 7.998948, "relative_strength": 3.986115, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.376237, "energy": 49.58811, "activity_lines": [ 8.397881, 8.306114, 8.211899, 8.181234 ] }, { "date": "2023-10-13", "close": 8.119674, "volume": 7780260, "typical_volume": 8417461.25, "trend": 8.175679, "fair_value": 7.993395, "relative_strength": 1.105195, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 46.75603, "energy": 38.50948, "activity_lines": [ 8.317149, 8.279344, 8.209783, 8.176423 ] }, { "date": "2023-10-20", "close": 8.032554, "volume": 6236730, "typical_volume": 8231137.75, "trend": 8.156693, "fair_value": 7.990583, "relative_strength": 3.367988, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 21.625472, "energy": 10.257637, "activity_lines": [ 8.210861, 8.240694, 8.199536, 8.167189 ] }, { "date": "2023-10-27", "close": 8.276492, "volume": 9500386, "typical_volume": 8319822.35, "trend": 8.148057, "fair_value": 7.990131, "relative_strength": 5.082616, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.181928, "energy": 16.142603, "activity_lines": [ 8.207376, 8.249089, 8.212272, 8.174918 ] }, { "date": "2023-11-03", "close": 8.407174, "volume": 10176927, "typical_volume": 8527809.7, "trend": 8.155425, "fair_value": 7.989379, "relative_strength": 6.433161, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.405774, "energy": 19.472785, "activity_lines": [ 8.259649, 8.278077, 8.236334, 8.191635 ] }, { "date": "2023-11-10", "close": 8.520432, "volume": 9692847, "typical_volume": 8618987.65, "trend": 8.163517, "fair_value": 7.989164, "relative_strength": 7.577575, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.991515, "energy": 28.170441, "activity_lines": [ 8.349674, 8.327181, 8.269482, 8.215184 ] }, { "date": "2023-11-17", "close": 8.494296, "volume": 10293643, "typical_volume": 8918624.3, "trend": 8.170183, "fair_value": 7.989463, "relative_strength": 6.620457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.685475, "energy": 48.201846, "activity_lines": [ 8.424018, 8.359495, 8.297526, 8.236524 ] }, { "date": "2023-11-24", "close": 8.55528, "volume": 10373080, "typical_volume": 9151348.8, "trend": 8.190529, "fair_value": 7.991974, "relative_strength": 7.764785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.443905, "energy": 59.732255, "activity_lines": [ 8.493715, 8.397037, 8.327977, 8.261369 ] }, { "date": "2023-12-01", "close": 8.651114, "volume": 11607742, "typical_volume": 9464822.85, "trend": 8.209355, "fair_value": 7.994151, "relative_strength": 9.166272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.080095, "energy": 68.963662, "activity_lines": [ 8.560508, 8.448359, 8.364734, 8.291084 ] }, { "date": "2023-12-08", "close": 8.354901, "volume": 9851610, "typical_volume": 9624273.85, "trend": 8.216089, "fair_value": 7.993974, "relative_strength": 7.579349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.044508, "energy": 52.792069, "activity_lines": [ 8.503588, 8.44234, 8.370044, 8.300475 ] }, { "date": "2023-12-15", "close": 8.607553, "volume": 10746240, "typical_volume": 9816772.75, "trend": 8.228576, "fair_value": 7.993217, "relative_strength": 11.668322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.356877, "energy": 45.886702, "activity_lines": [ 8.534371, 8.483207, 8.39813, 8.32573 ] }, { "date": "2023-12-22", "close": 9.862095, "volume": 166800041, "typical_volume": 17748093.8, "trend": 8.285495, "fair_value": 8.000957, "relative_strength": 28.553063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.358472, "energy": 70.03315, "activity_lines": [ 8.977527, 8.748689, 8.543622, 8.431119 ] }, { "date": "2023-12-29", "close": 9.008309, "volume": 113627556, "typical_volume": 22935542.05, "trend": 8.319763, "fair_value": 8.003604, "relative_strength": 14.892694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.76852, "energy": 44.67258, "activity_lines": [ 9.0449, 8.827256, 8.600541, 8.477752 ] }, { "date": "2024-01-05", "close": 8.990884, "volume": 61047670, "typical_volume": 25641098.4, "trend": 8.351417, "fair_value": 8.008983, "relative_strength": 16.202786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.885173, "energy": 52.244478, "activity_lines": [ 9.076263, 8.884914, 8.65186, 8.52105 ] }, { "date": "2024-01-12", "close": 8.938613, "volume": 39482810, "typical_volume": 27035252.75, "trend": 8.381038, "fair_value": 8.013344, "relative_strength": 17.066558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.892808, "energy": 48.798231, "activity_lines": [ 9.067551, 8.920079, 8.693968, 8.558933 ] }, { "date": "2024-01-19", "close": 8.241645, "volume": 37337360, "typical_volume": 28304176.3, "trend": 8.390041, "fair_value": 8.014906, "relative_strength": 9.584277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.042105, "energy": 13.333962, "activity_lines": [ 8.787603, 8.818861, 8.667044, 8.54994 ] }, { "date": "2024-01-26", "close": 8.450734, "volume": 39065088, "typical_volume": 29593046.1, "trend": 8.412402, "fair_value": 8.018036, "relative_strength": 9.076684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.900873, "energy": 14.691508, "activity_lines": [ 8.601744, 8.760727, 8.658207, 8.553856 ] }, { "date": "2024-02-02", "close": 6.821572, "volume": 31718922, "typical_volume": 30609361.25, "trend": 8.374359, "fair_value": 8.011215, "relative_strength": -6.110533, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.237875, "energy": 35.842143, "activity_lines": [ 7.966923, 8.407174, 8.492885, 8.451222 ] }, { "date": "2024-02-09", "close": 6.60377, "volume": 45158848, "typical_volume": 32337527.85, "trend": 8.328765, "fair_value": 8.005463, "relative_strength": -13.215186, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -53.107079, "energy": 56.719672, "activity_lines": [ 7.405283, 8.045543, 8.314121, 8.33699 ] }, { "date": "2024-02-23", "close": 7.196193, "volume": 30954118, "typical_volume": 33397855.35, "trend": 8.299144, "fair_value": 8.003623, "relative_strength": -9.600942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.380583, "energy": 71.473064, "activity_lines": [ 7.200258, 7.828849, 8.200615, 8.263921 ] }, { "date": "2024-03-01", "close": 7.100359, "volume": 39793420, "typical_volume": 35062264.9, "trend": 8.263425, "fair_value": 8.003064, "relative_strength": -11.256077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.538577, "energy": 71.956288, "activity_lines": [ 7.07945, 7.615799, 8.083748, 8.18658 ] }, { "date": "2024-03-08", "close": 7.117784, "volume": 19878468, "typical_volume": 35667175.3, "trend": 8.222768, "fair_value": 8.004664, "relative_strength": -11.347955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.906757, "energy": 63.653672, "activity_lines": [ 7.040536, 7.43332, 7.974805, 8.112668 ] }, { "date": "2024-03-15", "close": 7.466268, "volume": 20676370, "typical_volume": 36389157.3, "trend": 8.198955, "fair_value": 8.008461, "relative_strength": -7.124081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.761872, "energy": 38.780897, "activity_lines": [ 7.206647, 7.364099, 7.903822, 8.063861 ] }, { "date": "2024-03-22", "close": 7.64051, "volume": 23273460, "typical_volume": 37077811.0, "trend": 8.183564, "fair_value": 8.010758, "relative_strength": -4.625576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.013788, "energy": 27.733691, "activity_lines": [ 7.387859, 7.354595, 7.852131, 8.027833 ] }, { "date": "2024-03-29", "close": 8.189371, "volume": 36815410, "typical_volume": 38409735.15, "trend": 8.177175, "fair_value": 8.016611, "relative_strength": 2.421701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.233188, "energy": 16.802418, "activity_lines": [ 7.682908, 7.469436, 7.85574, 8.028207 ] }, { "date": "2024-04-05", "close": 9.949216, "volume": 83429066, "typical_volume": 42096546.1, "trend": 8.246872, "fair_value": 8.032532, "relative_strength": 22.727572, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.44411, "energy": 31.14137, "activity_lines": [ 8.498361, 7.917871, 8.027991, 8.142533 ] }, { "date": "2024-04-12", "close": 8.26778, "volume": 91785338, "typical_volume": 46171130.85, "trend": 8.250066, "fair_value": 8.038433, "relative_strength": 3.490647, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 4.421015, "energy": 20.999453, "activity_lines": [ 8.563411, 8.029544, 8.033301, 8.143882 ] }, { "date": "2024-04-19", "close": 8.616264, "volume": 70472872, "typical_volume": 49176120.45, "trend": 8.258778, "fair_value": 8.045126, "relative_strength": 5.992563, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.399406, "energy": 25.99311, "activity_lines": [ 8.667956, 8.207905, 8.072878, 8.167507 ] }, { "date": "2024-04-26", "close": 9.18255, "volume": 69438520, "typical_volume": 52067659.35, "trend": 8.282882, "fair_value": 8.055526, "relative_strength": 11.708275, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.449814, "energy": 30.764816, "activity_lines": [ 8.884597, 8.456595, 8.166098, 8.227105 ] }, { "date": "2024-05-03", "close": 8.947325, "volume": 20644640, "typical_volume": 52607310.85, "trend": 8.300887, "fair_value": 8.065707, "relative_strength": 7.908692, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.674899, "energy": 22.363892, "activity_lines": [ 8.920026, 8.615631, 8.234384, 8.269973 ] }, { "date": "2024-05-10", "close": 9.766261, "volume": 63280970, "typical_volume": 55234047.35, "trend": 8.345899, "fair_value": 8.079204, "relative_strength": 15.37829, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.989049, "energy": 56.606205, "activity_lines": [ 9.177904, 8.891725, 8.377843, 8.364513 ] }, { "date": "2024-05-17", "close": 9.318665, "volume": 48122626, "typical_volume": 49300176.6, "trend": 8.385865, "fair_value": 8.089566, "relative_strength": 9.707981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.217619, "energy": 55.3297, "activity_lines": [ 9.298781, 9.037967, 8.473157, 8.427272 ] }, { "date": "2024-05-24", "close": 8.871879, "volume": 30176400, "typical_volume": 45127618.8, "trend": 8.413843, "fair_value": 8.097291, "relative_strength": 6.380499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.311741, "energy": 41.716724, "activity_lines": [ 9.200669, 9.06296, 8.528507, 8.458628 ] }, { "date": "2024-05-31", "close": 9.163657, "volume": 34378907, "typical_volume": 43794180.65, "trend": 8.443415, "fair_value": 8.109579, "relative_strength": 9.573726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.630782, "energy": 38.443759, "activity_lines": [ 9.182776, 9.115446, 8.612295, 8.507003 ] }, { "date": "2024-06-07", "close": 8.671282, "volume": 29181222, "typical_volume": 43279101.25, "trend": 8.452219, "fair_value": 8.117877, "relative_strength": 4.628012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.768259, "energy": 21.742772, "activity_lines": [ 9.002018, 9.050716, 8.648367, 8.521704 ] }, { "date": "2024-06-14", "close": 8.525393, "volume": 13104240, "typical_volume": 42067445.25, "trend": 8.452384, "fair_value": 8.124747, "relative_strength": 3.26497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.994752, "energy": 17.254056, "activity_lines": [ 8.791032, 8.950699, 8.671819, 8.526425 ] }, { "date": "2024-06-21", "close": 8.470684, "volume": 14514470, "typical_volume": 40839914.35, "trend": 8.451597, "fair_value": 8.131735, "relative_strength": 3.538394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.030863, "energy": 15.747358, "activity_lines": [ 8.644535, 8.866622, 8.688708, 8.527606 ] }, { "date": "2024-06-28", "close": 8.479803, "volume": 16404660, "typical_volume": 40074201.25, "trend": 8.449081, "fair_value": 8.138939, "relative_strength": 4.412633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.491604, "energy": 15.885075, "activity_lines": [ 8.55761, 8.780514, 8.706372, 8.529425 ] }, { "date": "2024-07-05", "close": 7.950954, "volume": 14764320, "typical_volume": 38554474.85, "trend": 8.425742, "fair_value": 8.142909, "relative_strength": -1.700649, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.928972, "energy": 21.461338, "activity_lines": [ 8.32054, 8.600733, 8.665772, 8.497288 ] }, { "date": "2024-07-12", "close": 8.151551, "volume": 12872840, "typical_volume": 37650410.95, "trend": 8.418964, "fair_value": 8.148986, "relative_strength": -0.124942, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.426874, "energy": 28.229636, "activity_lines": [ 8.231183, 8.479817, 8.637862, 8.479598 ] }, { "date": "2024-07-19", "close": 7.805066, "volume": 10201169, "typical_volume": 36170798.4, "trend": 8.392215, "fair_value": 8.153585, "relative_strength": -4.805565, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.484275, "energy": 44.143889, "activity_lines": [ 8.060979, 8.310372, 8.572403, 8.439992 ] }, { "date": "2024-07-26", "close": 7.759475, "volume": 10316050, "typical_volume": 35692677.5, "trend": 8.322127, "fair_value": 8.157618, "relative_strength": -2.496638, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.946369, "energy": 53.741876, "activity_lines": [ 7.9236, 8.168296, 8.499247, 8.39917 ] }, { "date": "2024-08-02", "close": 8.078607, "volume": 11170080, "typical_volume": 35217363.0, "trend": 8.291137, "fair_value": 8.164322, "relative_strength": 0.867369, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.519321, "energy": 42.923901, "activity_lines": [ 7.940013, 8.112593, 8.453429, 8.383459 ] }, { "date": "2024-08-09", "close": 7.941836, "volume": 8992680, "typical_volume": 34503324.0, "trend": 8.256169, "fair_value": 8.16968, "relative_strength": 0.493378, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.987052, "energy": 39.252425, "activity_lines": [ 7.937581, 8.046445, 8.391669, 8.360923 ] }, { "date": "2024-08-16", "close": 7.805066, "volume": 8143530, "typical_volume": 33069730.0, "trend": 8.218384, "fair_value": 8.174279, "relative_strength": -1.98045, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.936482, "energy": 38.229584, "activity_lines": [ 7.890167, 7.977645, 8.315449, 8.33182 ] }, { "date": "2024-08-23", "close": 7.586231, "volume": 7166440, "typical_volume": 29256598.7, "trend": 8.196537, "fair_value": 8.178217, "relative_strength": -3.970489, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.392894, "energy": 39.771884, "activity_lines": [ 7.792908, 7.884807, 8.220217, 8.291036 ] }, { "date": "2024-08-30", "close": 7.750356, "volume": 13019820, "typical_volume": 25318322.8, "trend": 8.173191, "fair_value": 8.185085, "relative_strength": -1.508236, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.527122, "energy": 42.586187, "activity_lines": [ 7.764945, 7.838885, 8.151868, 8.26225 ] }, { "date": "2024-09-06", "close": 7.522405, "volume": 8119890, "typical_volume": 22200673.7, "trend": 8.196552, "fair_value": 8.18928, "relative_strength": -1.869903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -41.942553, "energy": 58.064181, "activity_lines": [ 7.661607, 7.764614, 8.064274, 8.220264 ] }, { "date": "2024-09-13", "close": 7.385634, "volume": 8212500, "typical_volume": 19139372.7, "trend": 8.222614, "fair_value": 8.191346, "relative_strength": -1.539264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.965905, "energy": 73.906373, "activity_lines": [ 7.549759, 7.682883, 7.968863, 8.167947 ] }, { "date": "2024-09-20", "close": 7.504169, "volume": 5480760, "typical_volume": 18381178.7, "trend": 8.23288, "fair_value": 8.195189, "relative_strength": -1.197175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.776111, "energy": 67.414073, "activity_lines": [ 7.514503, 7.632982, 7.893297, 8.121595 ] }, { "date": "2024-09-27", "close": 8.306559, "volume": 12045453, "typical_volume": 15819402.85, "trend": 8.273087, "fair_value": 8.202963, "relative_strength": -3.040299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.624571, "energy": 28.478433, "activity_lines": [ 7.766769, 7.740741, 7.901022, 8.126349 ] }, { "date": "2024-10-04", "close": 8.944824, "volume": 8621745, "typical_volume": 13844358.8, "trend": 8.333988, "fair_value": 8.21436, "relative_strength": -3.379056, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 1.290067, "energy": 14.472803, "activity_lines": [ 8.183769, 7.95543, 7.976485, 8.169687 ] }, { "date": "2024-10-11", "close": 8.844524, "volume": 32329415, "typical_volume": 13952009.55, "trend": 8.37993, "fair_value": 8.224801, "relative_strength": -0.96595, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.396819, "energy": 36.369808, "activity_lines": [ 8.487704, 8.130331, 8.044176, 8.202625 ] }, { "date": "2024-10-18", "close": 8.890116, "volume": 47043840, "typical_volume": 14585256.2, "trend": 8.421583, "fair_value": 8.233853, "relative_strength": -1.858545, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.752505, "energy": 41.516376, "activity_lines": [ 8.718696, 8.299596, 8.116339, 8.23554 ] }, { "date": "2024-10-25", "close": 9.00865, "volume": 23518430, "typical_volume": 14302116.6, "trend": 8.448893, "fair_value": 8.241827, "relative_strength": -1.724878, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.320571, "energy": 58.680448, "activity_lines": [ 8.8889, 8.473171, 8.201093, 8.273415 ] }, { "date": "2024-11-01", "close": 8.753345, "volume": 22926370, "typical_volume": 14793223.1, "trend": 8.40903, "fair_value": 8.250197, "relative_strength": -3.657087, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.051265, "energy": 56.552685, "activity_lines": [ 8.873703, 8.578443, 8.259927, 8.293057 ] }, { "date": "2024-11-08", "close": 9.063357, "volume": 21742268, "typical_volume": 15154613.0, "trend": 8.43555, "fair_value": 8.259226, "relative_strength": -5.356895, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.146073, "energy": 50.104778, "activity_lines": [ 8.932058, 8.718861, 8.347199, 8.335272 ] }, { "date": "2024-11-15", "close": 8.935705, "volume": 26841032, "typical_volume": 15676431.6, "trend": 8.446198, "fair_value": 8.266967, "relative_strength": -3.202939, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.398418, "energy": 34.476314, "activity_lines": [ 8.93996, 8.812197, 8.419493, 8.36754 ] }, { "date": "2024-11-22", "close": 9.24572, "volume": 33702165, "typical_volume": 16623323.85, "trend": 8.448303, "fair_value": 8.277985, "relative_strength": 2.068379, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.903345, "energy": 36.005487, "activity_lines": [ 9.045122, 8.936203, 8.51914, 8.419122 ] }, { "date": "2024-11-29", "close": 9.482789, "volume": 72624578, "typical_volume": 19610910.75, "trend": 8.466152, "fair_value": 8.289976, "relative_strength": 2.793779, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.518659, "energy": 49.714644, "activity_lines": [ 9.2056, 9.069492, 8.6352, 8.485863 ] }, { "date": "2024-12-06", "close": 9.364255, "volume": 31294590, "typical_volume": 20665581.8, "trend": 8.452752, "fair_value": 8.297884, "relative_strength": -0.735038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.597295, "energy": 50.442126, "activity_lines": [ 9.294957, 9.145255, 8.733632, 8.543805 ] }, { "date": "2024-12-13", "close": 9.646914, "volume": 23459100, "typical_volume": 21322734.3, "trend": 8.463694, "fair_value": 8.308698, "relative_strength": 2.607227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.646519, "energy": 60.388629, "activity_lines": [ 9.437807, 9.25318, 8.851559, 8.620848 ] }, { "date": "2024-12-20", "close": 9.218366, "volume": 18433730, "typical_volume": 21685916.8, "trend": 8.475243, "fair_value": 8.315788, "relative_strength": -1.128718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.531622, "energy": 43.465326, "activity_lines": [ 9.398903, 9.270421, 8.919684, 8.669536 ] }, { "date": "2024-12-27", "close": 9.209249, "volume": 15503225, "typical_volume": 22011444.05, "trend": 8.476763, "fair_value": 8.325321, "relative_strength": -1.69726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.2921, "energy": 38.209621, "activity_lines": [ 9.338117, 9.279208, 8.981513, 8.716892 ] }, { "date": "2025-01-03", "close": 8.716872, "volume": 13108595, "typical_volume": 22259697.3, "trend": 8.478283, "fair_value": 8.331816, "relative_strength": -1.269177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.212572, "energy": 23.303237, "activity_lines": [ 9.115636, 9.192669, 8.990414, 8.732382 ] }, { "date": "2025-01-10", "close": 8.507156, "volume": 11669080, "typical_volume": 22484829.3, "trend": 8.477675, "fair_value": 8.336849, "relative_strength": -2.076334, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.259636, "energy": 18.127809, "activity_lines": [ 8.874311, 9.073306, 8.975, 8.734245 ] }, { "date": "2025-01-17", "close": 8.826288, "volume": 14106416, "typical_volume": 22539159.1, "trend": 8.489528, "fair_value": 8.336733, "relative_strength": -0.435371, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.552557, "energy": 20.603013, "activity_lines": [ 8.796503, 9.016442, 8.985594, 8.756736 ] }, { "date": "2025-01-24", "close": 9.026886, "volume": 11307630, "typical_volume": 22698546.1, "trend": 8.507764, "fair_value": 8.34154, "relative_strength": 1.585392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.923997, "energy": 16.620767, "activity_lines": [ 8.84027, 9.000361, 9.01017, 8.791405 ] }, { "date": "2025-01-31", "close": 9.108949, "volume": 2707770, "typical_volume": 22423309.6, "trend": 8.546364, "fair_value": 8.343979, "relative_strength": 2.646148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.523119, "energy": 13.74319, "activity_lines": [ 8.924156, 8.997543, 9.035396, 8.830191 ] }, { "date": "2025-02-07", "close": 9.00865, "volume": 8173650, "typical_volume": 22557954.1, "trend": 8.574934, "fair_value": 8.346987, "relative_strength": -0.275064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.343224, "energy": 16.136017, "activity_lines": [ 8.981296, 8.978975, 9.042864, 8.860016 ] }, { "date": "2025-02-14", "close": 9.209249, "volume": 17992450, "typical_volume": 22855303.95, "trend": 8.62174, "fair_value": 8.352102, "relative_strength": 0.318271, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.632035, "energy": 24.138553, "activity_lines": [ 9.08585, 9.0055, 9.062273, 8.900939 ] }, { "date": "2025-02-21", "close": 9.063357, "volume": 11612383, "typical_volume": 23004835.85, "trend": 8.665203, "fair_value": 8.358355, "relative_strength": -2.413867, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.22683, "energy": 22.348235, "activity_lines": [ 9.094968, 9.008318, 9.063489, 8.929431 ] }, { "date": "2025-02-28", "close": 9.318665, "volume": 16260064, "typical_volume": 22201368.3, "trend": 8.706538, "fair_value": 8.369997, "relative_strength": 1.76613, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.247384, "energy": 31.547286, "activity_lines": [ 9.173383, 9.068166, 9.088455, 8.97159 ] }, { "date": "2025-03-07", "close": 9.227483, "volume": 18965564, "typical_volume": 20797454.5, "trend": 8.749393, "fair_value": 8.380782, "relative_strength": -1.04846, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.943841, "energy": 34.668201, "activity_lines": [ 9.201953, 9.109612, 9.102479, 9.005199 ] }, { "date": "2025-03-14", "close": 9.4372, "volume": 15570603, "typical_volume": 20400063.15, "trend": 8.803797, "fair_value": 8.391855, "relative_strength": -0.409516, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.461196, "energy": 43.639369, "activity_lines": [ 9.292526, 9.188856, 9.13487, 9.049574 ] }, { "date": "2025-03-21", "close": 9.81104, "volume": 24203854, "typical_volume": 20463937.35, "trend": 8.877958, "fair_value": 8.404112, "relative_strength": 4.921827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.858115, "energy": 66.090732, "activity_lines": [ 9.479142, 9.322975, 9.200824, 9.114557 ] }, { "date": "2025-03-28", "close": 9.728977, "volume": 23575596, "typical_volume": 20555603.75, "trend": 8.943912, "fair_value": 8.411073, "relative_strength": 4.312359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.060563, "energy": 66.316701, "activity_lines": [ 9.598285, 9.418466, 9.253926, 9.169461 ] }, { "date": "2025-04-04", "close": 11.13316, "volume": 45803738, "typical_volume": 21503739.05, "trend": 9.06427, "fair_value": 8.431258, "relative_strength": 19.625702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.833455, "energy": 89.568936, "activity_lines": [ 10.141114, 9.75285, 9.43759, 9.310703 ] }, { "date": "2025-04-11", "close": 11.78966, "volume": 269774406, "typical_volume": 33307351.1, "trend": 9.211071, "fair_value": 8.458545, "relative_strength": 29.929823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.053279, "energy": 92.070973, "activity_lines": [ 10.78181, 10.168302, 9.673314, 9.486535 ] }, { "date": "2025-04-18", "close": 11.324639, "volume": 196500156, "typical_volume": 39501130.0, "trend": 9.33842, "fair_value": 8.483672, "relative_strength": 22.794792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.297604, "energy": 88.361905, "activity_lines": [ 11.096687, 10.450465, 9.852636, 9.622894 ] }, { "date": "2025-04-25", "close": 10.695493, "volume": 147881457, "typical_volume": 45330473.35, "trend": 9.418051, "fair_value": 8.502068, "relative_strength": 15.113071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.0889, "energy": 77.334532, "activity_lines": [ 11.07602, 10.576129, 9.963268, 9.710447 ] }, { "date": "2025-05-02", "close": 10.403714, "volume": 30185286, "typical_volume": 45666782.65, "trend": 9.466681, "fair_value": 8.51703, "relative_strength": 12.297177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.272677, "energy": 51.957683, "activity_lines": [ 10.899129, 10.621719, 10.039773, 9.774038 ] }, { "date": "2025-05-09", "close": 10.631665, "volume": 41333247, "typical_volume": 46811758.5, "trend": 9.526252, "fair_value": 8.530989, "relative_strength": 12.530138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.276718, "energy": 39.617229, "activity_lines": [ 10.75324, 10.684385, 10.134384, 9.849199 ] }, { "date": "2025-05-16", "close": 11.555333, "volume": 132806338, "typical_volume": 52676914.15, "trend": 9.615093, "fair_value": 8.554076, "relative_strength": 20.98929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.381866, "energy": 40.709023, "activity_lines": [ 10.948673, 10.891118, 10.310233, 9.980107 ] }, { "date": "2025-05-23", "close": 10.714945, "volume": 67729714, "typical_volume": 55407970.1, "trend": 9.671969, "fair_value": 8.575021, "relative_strength": 12.579434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.161674, "energy": 28.225932, "activity_lines": [ 10.879598, 10.902728, 10.394873, 10.051065 ] }, { "date": "2025-05-30", "close": 10.714945, "volume": 49385660, "typical_volume": 57293799.1, "trend": 9.737356, "fair_value": 8.59624, "relative_strength": 12.432537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.10844, "energy": 27.331935, "activity_lines": [ 10.85117, 10.891106, 10.469999, 10.118354 ] }, { "date": "2025-06-06", "close": 10.839093, "volume": 54641907, "typical_volume": 59320573.65, "trend": 9.796547, "fair_value": 8.610434, "relative_strength": 12.190165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.155839, "energy": 26.316984, "activity_lines": [ 10.862827, 10.885623, 10.546435, 10.189434 ] }, { "date": "2025-06-13", "close": 10.925041, "volume": 94548285, "typical_volume": 63482606.4, "trend": 9.862858, "fair_value": 8.622978, "relative_strength": 13.036871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.504055, "energy": 21.364916, "activity_lines": [ 10.874109, 10.875582, 10.621472, 10.26224 ] }, { "date": "2025-06-20", "close": 10.29475, "volume": 35138843, "typical_volume": 65104160.05, "trend": 9.897826, "fair_value": 8.631002, "relative_strength": 6.886219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.631666, "energy": 15.846232, "activity_lines": [ 10.655735, 10.754727, 10.627442, 10.290104 ] }, { "date": "2025-06-27", "close": 10.667195, "volume": 32000010, "typical_volume": 66295478.05, "trend": 9.937306, "fair_value": 8.644453, "relative_strength": 8.484964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.265557, "energy": 14.125368, "activity_lines": [ 10.645549, 10.728769, 10.663236, 10.33974 ] }, { "date": "2025-07-04", "close": 10.571696, "volume": 23983535, "typical_volume": 66595032.3, "trend": 9.977554, "fair_value": 8.658252, "relative_strength": 5.77725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.935986, "energy": 13.863326, "activity_lines": [ 10.606712, 10.697402, 10.682038, 10.380669 ] }, { "date": "2025-07-11", "close": 10.772243, "volume": 26046679, "typical_volume": 67316747.1, "trend": 10.015065, "fair_value": 8.674563, "relative_strength": 6.390072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.708594, "energy": 12.208472, "activity_lines": [ 10.644275, 10.704748, 10.713451, 10.431939 ] }, { "date": "2025-07-18", "close": 10.810443, "volume": 19068120, "typical_volume": 67457149.9, "trend": 10.068135, "fair_value": 8.690692, "relative_strength": 5.721987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.516681, "energy": 15.255224, "activity_lines": [ 10.699028, 10.71234, 10.740365, 10.483254 ] }, { "date": "2025-07-25", "close": 11.259287, "volume": 42245225, "typical_volume": 68621132.95, "trend": 10.136469, "fair_value": 8.709911, "relative_strength": 7.976179, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.090343, "energy": 36.087379, "activity_lines": [ 10.911035, 10.798289, 10.802922, 10.560102 ] }, { "date": "2025-08-01", "close": 11.211537, "volume": 37364895, "typical_volume": 69710847.55, "trend": 10.219625, "fair_value": 8.730531, "relative_strength": 8.271566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.451088, "energy": 46.919623, "activity_lines": [ 11.042823, 10.880938, 10.851257, 10.629461 ] }, { "date": "2025-08-08", "close": 11.211537, "volume": 33403096, "typical_volume": 70170809.65, "trend": 10.309771, "fair_value": 8.753071, "relative_strength": 5.815953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.170236, "energy": 49.952224, "activity_lines": [ 11.138322, 10.954559, 10.891142, 10.693456 ] }, { "date": "2025-08-15", "close": 11.06829, "volume": 25859880, "typical_volume": 70285023.85, "trend": 10.384504, "fair_value": 8.772026, "relative_strength": 2.530325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.385662, "energy": 53.788038, "activity_lines": [ 11.143415, 10.993106, 10.910716, 10.742393 ] }, { "date": "2025-08-22", "close": 11.278387, "volume": 26117035, "typical_volume": 69300688.7, "trend": 10.459554, "fair_value": 8.791368, "relative_strength": 0.761446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.795097, "energy": 52.343062, "activity_lines": [ 11.198804, 11.065685, 10.943921, 10.800062 ] }, { "date": "2025-08-29", "close": 11.06829, "volume": 34371149, "typical_volume": 57530525.85, "trend": 10.524865, "fair_value": 8.81155, "relative_strength": -2.031585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.100004, "energy": 35.129865, "activity_lines": [ 11.152965, 11.09364, 10.956425, 10.839336 ] }, { "date": "2025-09-05", "close": 11.03964, "volume": 25635901, "typical_volume": 48987313.1, "trend": 10.592565, "fair_value": 8.828242, "relative_strength": -1.235284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.549352, "energy": 27.904365, "activity_lines": [ 11.110309, 11.102322, 10.969636, 10.872547 ] }, { "date": "2025-09-12", "close": 11.182888, "volume": 18399359, "typical_volume": 42513208.2, "trend": 10.658353, "fair_value": 8.845905, "relative_strength": -1.557037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.621242, "energy": 27.362681, "activity_lines": [ 11.126862, 11.130277, 10.997846, 10.910632 ] }, { "date": "2025-09-19", "close": 11.04919, "volume": 19997053, "typical_volume": 42003796.55, "trend": 10.724548, "fair_value": 8.861645, "relative_strength": -1.545002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.40876, "energy": 20.704325, "activity_lines": [ 11.100759, 11.122811, 11.011003, 10.935848 ] }, { "date": "2025-09-26", "close": 10.590796, "volume": 15099340, "typical_volume": 40692101.2, "trend": 10.766952, "fair_value": 8.873539, "relative_strength": -5.874172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.308383, "energy": 9.407504, "activity_lines": [ 10.923132, 11.026965, 10.977429, 10.927218 ] }, { "date": "2025-10-03", "close": 10.628996, "volume": 4945450, "typical_volume": 34299056.8, "trend": 10.813669, "fair_value": 8.884559, "relative_strength": -6.899239, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.912043, "energy": 18.436228, "activity_lines": [ 10.804077, 10.942058, 10.947688, 10.918318 ] }, { "date": "2025-10-10", "close": 11.01099, "volume": 7186820, "typical_volume": 31271912.1, "trend": 10.866129, "fair_value": 8.90144, "relative_strength": -3.954246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.697925, "energy": 13.117565, "activity_lines": [ 10.841639, 10.938064, 10.958739, 10.931048 ] }, { "date": "2025-10-17", "close": 11.268837, "volume": 26441285, "typical_volume": 30124693.35, "trend": 10.914722, "fair_value": 8.920241, "relative_strength": -0.375118, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.730011, "energy": 16.690342, "activity_lines": [ 10.967061, 10.984598, 10.992937, 10.95703 ] }, { "date": "2025-10-24", "close": 11.918227, "volume": 26297110, "typical_volume": 28707453.5, "trend": 10.987697, "fair_value": 8.948858, "relative_strength": 2.225646, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.503079, "energy": 57.424167, "activity_lines": [ 11.303216, 11.148161, 11.086343, 11.021772 ] }, { "date": "2025-10-31", "close": 11.440734, "volume": 27989650, "typical_volume": 25379521.75, "trend": 10.997949, "fair_value": 8.97324, "relative_strength": -2.119867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.907629, "energy": 59.099525, "activity_lines": [ 11.422271, 11.209454, 11.129136, 11.051 ] }, { "date": "2025-11-07", "close": 11.545783, "volume": 19045970, "typical_volume": 24574878.1, "trend": 10.98982, "fair_value": 8.989496, "relative_strength": -2.444745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.981329, "energy": 66.700445, "activity_lines": [ 11.51968, 11.286895, 11.179477, 11.086344 ] }, { "date": "2025-11-14", "close": 11.79408, "volume": 18973880, "typical_volume": 23923571.6, "trend": 11.005468, "fair_value": 9.012677, "relative_strength": -0.346915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.824884, "energy": 73.908707, "activity_lines": [ 11.638735, 11.400799, 11.247509, 11.138232 ] }, { "date": "2025-11-21", "close": 10.896392, "volume": 16104489, "typical_volume": 23529619.3, "trend": 11.012165, "fair_value": 9.029944, "relative_strength": -4.203338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.731138, "energy": 27.335261, "activity_lines": [ 11.406355, 11.337769, 11.22468, 11.131195 ] }, { "date": "2025-11-28", "close": 11.01099, "volume": 11908150, "typical_volume": 22822692.85, "trend": 11.032407, "fair_value": 9.047199, "relative_strength": -4.520959, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.77826, "energy": 13.964458, "activity_lines": [ 11.237004, 11.300785, 11.211219, 11.131119 ] }, { "date": "2025-12-05", "close": 11.985077, "volume": 38185632, "typical_volume": 23778568.45, "trend": 11.077521, "fair_value": 9.070857, "relative_strength": 3.332735, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.348657, "energy": 32.203241, "activity_lines": [ 11.452831, 11.441603, 11.289392, 11.192582 ] }, { "date": "2025-12-12", "close": 11.880028, "volume": 38759130, "typical_volume": 23604263.7, "trend": 11.088344, "fair_value": 9.092403, "relative_strength": 2.641819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.215788, "energy": 30.864632, "activity_lines": [ 11.597352, 11.537969, 11.351966, 11.244356 ] }, { "date": "2025-12-19", "close": 12.147424, "volume": 26281910, "typical_volume": 23050114.45, "trend": 11.136094, "fair_value": 9.115556, "relative_strength": 4.661702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.909067, "energy": 56.380664, "activity_lines": [ 11.808722, 11.660208, 11.437051, 11.312684 ] }, { "date": "2025-12-26", "close": 12.156973, "volume": 17857136, "typical_volume": 22272816.45, "trend": 11.184161, "fair_value": 9.137223, "relative_strength": 2.571673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.730343, "energy": 69.191567, "activity_lines": [ 11.999719, 11.76352, 11.518588, 11.378547 ] }, { "date": "2026-01-02", "close": 13.111959, "volume": 12988959, "typical_volume": 21629270.4, "trend": 11.259923, "fair_value": 9.163573, "relative_strength": 10.068063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.507744, "energy": 80.706144, "activity_lines": [ 12.425006, 12.024317, 11.686575, 11.502921 ] }, { "date": "2026-01-09", "close": 12.42437, "volume": 74975013, "typical_volume": 24072169.3, "trend": 11.309901, "fair_value": 9.189248, "relative_strength": 0.246958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.519525, "energy": 67.51308, "activity_lines": [ 12.481032, 12.138395, 11.779345, 11.578047 ] }, { "date": "2026-01-16", "close": 12.252472, "volume": 32015892, "typical_volume": 23954406.45, "trend": 11.375158, "fair_value": 9.214567, "relative_strength": -0.861416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.014627, "energy": 56.275782, "activity_lines": [ 12.450472, 12.203334, 11.850287, 11.638858 ] }, { "date": "2026-01-23", "close": 12.462569, "volume": 22817490, "typical_volume": 23813485.9, "trend": 11.435004, "fair_value": 9.241873, "relative_strength": -0.148048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.097925, "energy": 45.097161, "activity_lines": [ 12.465116, 12.293623, 11.935599, 11.709013 ] }, { "date": "2026-01-30", "close": 12.204722, "volume": 20581640, "typical_volume": 23922599.95, "trend": 11.489438, "fair_value": 9.267847, "relative_strength": -1.882417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.342248, "energy": 34.105357, "activity_lines": [ 12.3728, 12.324877, 11.989578, 11.758673 ] }, { "date": "2026-02-06", "close": 12.319321, "volume": 14713340, "typical_volume": 23658414.3, "trend": 11.541008, "fair_value": 9.293488, "relative_strength": 0.121196, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.700604, "energy": 26.166502, "activity_lines": [ 12.315501, 12.35318, 12.049606, 11.812213 ] }, { "date": "2026-02-13", "close": 12.233373, "volume": 12415440, "typical_volume": 23524219.3, "trend": 11.588439, "fair_value": 9.317085, "relative_strength": -1.132944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.775044, "energy": 23.39557, "activity_lines": [ 12.282395, 12.342067, 12.0954, 11.856882 ] }, { "date": "2026-02-27", "close": 12.624917, "volume": 10894500, "typical_volume": 23821671.8, "trend": 11.63396, "fair_value": 9.341486, "relative_strength": -0.171197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.917012, "energy": 27.863692, "activity_lines": [ 12.392537, 12.39763, 12.170662, 11.923752 ] }, { "date": "2026-03-06", "close": 12.653566, "volume": 32724346, "typical_volume": 25098548.1, "trend": 11.682027, "fair_value": 9.36767, "relative_strength": 0.826646, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.632054, "energy": 32.958195, "activity_lines": [ 12.487399, 12.444858, 12.239148, 11.989533 ] }, { "date": "2026-03-13", "close": 12.42437, "volume": 20672250, "typical_volume": 24810096.35, "trend": 11.722455, "fair_value": 9.390412, "relative_strength": -0.491938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.046533, "energy": 31.535202, "activity_lines": [ 12.493129, 12.441212, 12.277984, 12.037426 ] }, { "date": "2026-03-20", "close": 12.147424, "volume": 15308809, "typical_volume": 24260681.3, "trend": 11.758426, "fair_value": 9.411538, "relative_strength": 0.496074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.089752, "energy": 26.953461, "activity_lines": [ 12.3919, 12.38235, 12.284942, 12.064843 ] }, { "date": "2026-03-27", "close": 12.624917, "volume": 20708200, "typical_volume": 23896608.8, "trend": 11.803311, "fair_value": 9.436845, "relative_strength": 5.396992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.970612, "energy": 27.5388, "activity_lines": [ 12.461296, 12.427842, 12.336284, 12.120746 ] }, { "date": "2026-04-03", "close": 12.281121, "volume": 30121397, "typical_volume": 24450380.15, "trend": 11.843738, "fair_value": 9.460429, "relative_strength": 3.245385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.178974, "energy": 16.716088, "activity_lines": [ 12.38999, 12.40718, 12.349244, 12.151572 ] }, { "date": "2026-04-10", "close": 12.558067, "volume": 13993050, "typical_volume": 24201338.65, "trend": 11.894352, "fair_value": 9.486214, "relative_strength": 2.879615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.879454, "energy": 19.161394, "activity_lines": [ 12.433919, 12.43635, 12.385079, 12.197658 ] }, { "date": "2026-04-17", "close": 12.462569, "volume": 12964440, "typical_volume": 24044336.2, "trend": 11.937008, "fair_value": 9.513627, "relative_strength": 0.811708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.753751, "energy": 24.861512, "activity_lines": [ 12.452382, 12.446421, 12.40818, 12.234317 ] }, { "date": "2026-04-24", "close": 14.066946, "volume": 23184322, "typical_volume": 24608144.8, "trend": 12.0376, "fair_value": 9.550738, "relative_strength": 13.001446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.310423, "energy": 65.464776, "activity_lines": [ 13.003091, 12.743509, 12.576622, 12.371732 ] }, { "date": "2026-05-01", "close": 13.302958, "volume": 45741669, "typical_volume": 24985946.65, "trend": 12.128006, "fair_value": 9.582844, "relative_strength": 6.033182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.357187, "energy": 65.183374, "activity_lines": [ 13.171169, 12.869914, 12.65775, 12.453368 ] }, { "date": "2026-05-08", "close": 13.761351, "volume": 22495850, "typical_volume": 24172782.65, "trend": 12.232418, "fair_value": 9.620129, "relative_strength": 7.826711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.063519, "energy": 73.192811, "activity_lines": [ 13.446842, 13.060217, 12.776259, 12.558746 ] }, { "date": "2026-05-15", "close": 13.49, "volume": 28533556, "typical_volume": 24285364.95, "trend": 12.315051, "fair_value": 9.654768, "relative_strength": 6.785218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.725985, "energy": 70.213221, "activity_lines": [ 13.533383, 13.180521, 12.859967, 12.63988 ] }, { "date": "2026-05-22", "close": 13.04, "volume": 14534198, "typical_volume": 24119218.05, "trend": 12.37409, "fair_value": 9.686096, "relative_strength": 3.958298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.045642, "energy": 40.754368, "activity_lines": [ 13.407794, 13.203799, 12.894424, 12.686651 ] }, { "date": "2026-05-29", "close": 11.95, "volume": 17965580, "typical_volume": 24368049.1, "trend": 12.375149, "fair_value": 9.709923, "relative_strength": -3.533539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.443209, "energy": 11.736332, "activity_lines": [ 12.880377, 13.017701, 12.820867, 12.65929 ] }, { "date": "2026-06-05", "close": 12.5, "volume": 3305530, "typical_volume": 20784574.95, "trend": 12.410458, "fair_value": 9.737779, "relative_strength": 1.992076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.647302, "energy": 16.50888, "activity_lines": [ 12.677423, 12.935193, 12.805224, 12.667345 ] }, { "date": "2026-06-12", "close": 11.97, "volume": 2476015, "typical_volume": 19307581.1, "trend": 12.424599, "fair_value": 9.763354, "relative_strength": -2.280206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -12.687229, "energy": 21.682258, "activity_lines": [ 12.351333, 12.758593, 12.738745, 12.638928 ] }, { "date": "2026-06-19", "close": 11.33, "volume": 11498200, "typical_volume": 18741616.6, "trend": 12.409129, "fair_value": 9.784436, "relative_strength": -8.569132, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.888274, "energy": 35.916929, "activity_lines": [ 11.931333, 12.471286, 12.612658, 12.568309 ] }, { "date": "2026-06-26", "close": 10.74, "volume": 4612063, "typical_volume": 17943137.75, "trend": 12.403916, "fair_value": 9.801679, "relative_strength": -11.747346, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.816708, "energy": 66.018318, "activity_lines": [ 11.458667, 12.099035, 12.435774, 12.460623 ] }, { "date": "2026-07-03", "close": 11.29, "volume": 3361630, "typical_volume": 17375552.25, "trend": 12.413216, "fair_value": 9.822951, "relative_strength": -7.413227, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.990433, "energy": 73.360997, "activity_lines": [ 11.322667, 11.858103, 12.318246, 12.388758 ] }, { "date": "2026-07-10", "close": 11.11, "volume": 12375040, "typical_volume": 17373532.25, "trend": 12.384047, "fair_value": 9.844298, "relative_strength": -7.651115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.253569, "energy": 74.1708, "activity_lines": [ 11.170667, 11.634934, 12.188477, 12.304679 ] }, { "date": "2026-07-17", "close": 11.3, "volume": 12512470, "typical_volume": 17454430.75, "trend": 12.364713, "fair_value": 9.86569, "relative_strength": -0.239835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.8296, "energy": 65.223789, "activity_lines": [ 11.174667, 11.486182, 12.082152, 12.234741 ] }, { "date": "2026-07-24", "close": 10.94, "volume": 16010344, "typical_volume": 16618730.65, "trend": 12.324466, "fair_value": 9.884718, "relative_strength": -4.569131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.856801, "energy": 54.718985, "activity_lines": [ 11.103333, 11.316727, 11.947851, 12.142824 ] }, { "date": "2026-07-31", "close": 11.49, "volume": 13785853, "typical_volume": 16274410.8, "trend": 12.302233, "fair_value": 9.906547, "relative_strength": -0.157701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.457499, "energy": 41.610708, "activity_lines": [ 11.241333, 11.293636, 11.87409, 12.088987 ] }, { "date": "2026-08-07", "close": 11.4, "volume": 14699520, "typical_volume": 16243946.35, "trend": 12.245168, "fair_value": 9.927239, "relative_strength": -3.49123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.862014, "energy": 32.866917, "activity_lines": [ 11.299333, 11.282364, 11.796207, 12.030779 ] } ], "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." } } }