{ "ticker": { "uuid": "53680fda-1a04-4fb5-b88d-b81c4bb1aea6", "symbol": "603839", "name": "Anzheng Fashion Group 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -42.848, "architecture_energy": 27.619, "architecture_maturity": 73.699, "architecture_confidence": 87.191, "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": 25.89, "rotation_up": 26.83, "upward_expansion": 16.04, "deceleration": 46.97, "rotation_down": 34.16, "downward_expansion": 66.04 }, "activity_lines": [ 6.405333, 6.281455, 6.64319, 6.921441 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 6.72, "trend_reference": 7.291333, "distance_from_trend": -0.078358, "trend_direction": "Weakening", "fair_value": 6.553081, "distance_from_fair_value": 0.025472, "fair_value_direction": "Weakening", "relative_strength": -13.498394, "relative_strength_direction": "Weakening", "price_momentum": -0.151515, "excess_performance": -0.108311, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.078358, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.088203, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.025472, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.201058, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.134984, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060531, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.151515, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.69247, "read": "Supply-led" } ], "volume": { "latest": 20528440, "relative_activity": 1.113442, "balance": 0.69247, "dry_up": 1.749665, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.09375, "annualized_volatility": 0.386284, "from_high_reference": -0.419689, "from_low_reference": 0.206463 }, "levels": { "trend_reference": 7.291333, "fair_value_reference": 6.553081, "structural_low": 5.57, "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": 24, "median_return": 0.022922, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.001883, "regime_survival": 0.833333, "best_return": 0.169767, "worst_return": -0.115677, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.010982, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.012339, "regime_survival": 0.625, "best_return": 0.231441, "worst_return": -0.145228, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.018248, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.068465, "regime_survival": 0.4, "best_return": 0.222707, "worst_return": -0.126968, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.067463, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.025609, "regime_survival": 0.0, "best_return": 0.209532, "worst_return": -0.171045, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.093103, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-04-04", "tenure": "Developing", "return": 0.014652, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.162162, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": -0.052209, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.008523, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-03", "tenure": "Developing", "return": 0.1841, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": -0.024416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": -0.026406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": 0.049118, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.030227, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.042236, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.116183, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.159851, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.022831, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.589354, "volume": 13507540, "typical_volume": 11763721.8, "trend": 6.588025, "fair_value": 7.271676, "relative_strength": 15.874938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.121666, "energy": 74.76788, "activity_lines": [ 7.380943, 7.162195, 6.927461, 6.774527 ] }, { "date": "2023-08-04", "close": 7.252691, "volume": 11123227, "typical_volume": 11898269.15, "trend": 6.619913, "fair_value": 7.252662, "relative_strength": 10.017117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.209932, "energy": 64.370989, "activity_lines": [ 7.358499, 7.199108, 6.979771, 6.817409 ] }, { "date": "2023-08-11", "close": 6.935265, "volume": 7851527, "typical_volume": 11666545.5, "trend": 6.646018, "fair_value": 7.227098, "relative_strength": 8.21101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.877299, "energy": 44.103711, "activity_lines": [ 7.228964, 7.175305, 6.99738, 6.837754 ] }, { "date": "2023-08-18", "close": 7.26231, "volume": 10395980, "typical_volume": 11817179.5, "trend": 6.686921, "fair_value": 7.198961, "relative_strength": 14.899909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.969775, "energy": 36.622634, "activity_lines": [ 7.228964, 7.209318, 7.043607, 6.877515 ] }, { "date": "2023-08-25", "close": 6.887171, "volume": 15139500, "typical_volume": 12233439.7, "trend": 6.712922, "fair_value": 7.17461, "relative_strength": 11.001475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.231594, "energy": 18.637987, "activity_lines": [ 7.092375, 7.167694, 7.048905, 6.890434 ] }, { "date": "2023-09-01", "close": 7.108406, "volume": 13487729, "typical_volume": 12476899.6, "trend": 6.742099, "fair_value": 7.151576, "relative_strength": 11.634262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.976758, "energy": 18.512172, "activity_lines": [ 7.066724, 7.162622, 7.071515, 6.915949 ] }, { "date": "2023-09-08", "close": 6.98336, "volume": 8063340, "typical_volume": 12550665.6, "trend": 6.758114, "fair_value": 7.134286, "relative_strength": 9.950857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.363136, "energy": 15.554405, "activity_lines": [ 7.031455, 7.122398, 7.077192, 6.931514 ] }, { "date": "2023-09-15", "close": 7.031455, "volume": 8808120, "typical_volume": 12517176.15, "trend": 6.780829, "fair_value": 7.118217, "relative_strength": 10.380795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.278279, "energy": 16.143527, "activity_lines": [ 7.030172, 7.095465, 7.081778, 6.949149 ] }, { "date": "2023-09-22", "close": 7.069931, "volume": 10608740, "typical_volume": 12532815.7, "trend": 6.797031, "fair_value": 7.101279, "relative_strength": 10.116846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.008078, "energy": 9.587367, "activity_lines": [ 7.035303, 7.079375, 7.085755, 6.967801 ] }, { "date": "2023-09-29", "close": 7.098788, "volume": 5021868, "typical_volume": 11938267.05, "trend": 6.805201, "fair_value": 7.08752, "relative_strength": 10.956571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.739629, "energy": 9.422659, "activity_lines": [ 7.062877, 7.068881, 7.090295, 6.987269 ] }, { "date": "2023-10-13", "close": 6.771743, "volume": 7554560, "typical_volume": 11477200.6, "trend": 6.815661, "fair_value": 7.070598, "relative_strength": 6.278981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.658633, "energy": 6.096011, "activity_lines": [ 6.967329, 7.005221, 7.062948, 6.985111 ] }, { "date": "2023-10-20", "close": 6.810219, "volume": 12295680, "typical_volume": 11021992.6, "trend": 6.832201, "fair_value": 7.055902, "relative_strength": 10.213666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.326014, "energy": 9.526562, "activity_lines": [ 6.90705, 6.963423, 7.040599, 6.984759 ] }, { "date": "2023-10-27", "close": 7.156501, "volume": 12206018, "typical_volume": 10988745.5, "trend": 6.857285, "fair_value": 7.044644, "relative_strength": 14.147027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.699837, "energy": 11.454571, "activity_lines": [ 6.973741, 6.992629, 7.052549, 7.005682 ] }, { "date": "2023-11-03", "close": 7.156501, "volume": 13213420, "typical_volume": 10880092.75, "trend": 6.890164, "fair_value": 7.032421, "relative_strength": 13.23868, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.230236, "energy": 13.51386, "activity_lines": [ 7.032096, 7.017813, 7.063014, 7.024986 ] }, { "date": "2023-11-10", "close": 7.416213, "volume": 12372936, "typical_volume": 10642205.65, "trend": 6.934099, "fair_value": 7.02029, "relative_strength": 16.472126, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.512635, "energy": 27.503167, "activity_lines": [ 7.17125, 7.092142, 7.096772, 7.058925 ] }, { "date": "2023-11-17", "close": 7.512403, "volume": 8379668, "typical_volume": 10757372.65, "trend": 6.98274, "fair_value": 7.010136, "relative_strength": 16.79535, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.615823, "energy": 49.138574, "activity_lines": [ 7.321306, 7.17434, 7.13621, 7.096235 ] }, { "date": "2023-11-24", "close": 7.53164, "volume": 7507020, "typical_volume": 10456571.65, "trend": 7.040716, "fair_value": 7.00319, "relative_strength": 17.037004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.328164, "energy": 62.074153, "activity_lines": [ 7.428397, 7.252691, 7.172304, 7.131648 ] }, { "date": "2023-12-01", "close": 7.656687, "volume": 8704941, "typical_volume": 10400895.7, "trend": 7.091467, "fair_value": 6.999138, "relative_strength": 18.745831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.323469, "energy": 71.684134, "activity_lines": [ 7.529075, 7.343809, 7.218887, 7.171388 ] }, { "date": "2023-12-08", "close": 7.34888, "volume": 18027920, "typical_volume": 10814620.7, "trend": 7.116068, "fair_value": 6.986785, "relative_strength": 15.831029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.053611, "energy": 59.985648, "activity_lines": [ 7.493806, 7.367593, 7.234186, 7.187995 ] }, { "date": "2023-12-15", "close": 7.695163, "volume": 12916220, "typical_volume": 10859297.7, "trend": 7.141119, "fair_value": 6.97775, "relative_strength": 21.778375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.838477, "energy": 58.693062, "activity_lines": [ 7.561139, 7.449267, 7.281227, 7.225356 ] }, { "date": "2023-12-22", "close": 7.877923, "volume": 25167734, "typical_volume": 11442307.4, "trend": 7.168664, "fair_value": 6.971298, "relative_strength": 25.09644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.313316, "energy": 52.383184, "activity_lines": [ 7.670795, 7.553327, 7.344483, 7.272892 ] }, { "date": "2023-12-29", "close": 7.983731, "volume": 116990669, "typical_volume": 16735679.5, "trend": 7.198537, "fair_value": 6.964531, "relative_strength": 23.631116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.704047, "energy": 45.730712, "activity_lines": [ 7.791352, 7.656512, 7.416442, 7.325477 ] }, { "date": "2024-01-05", "close": 7.647068, "volume": 72107821, "typical_volume": 19948494.2, "trend": 7.225283, "fair_value": 6.957123, "relative_strength": 19.809645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.761715, "energy": 39.747399, "activity_lines": [ 7.769549, 7.677149, 7.452857, 7.354414 ] }, { "date": "2024-01-12", "close": 6.656316, "volume": 55254349, "typical_volume": 22191412.65, "trend": 7.218704, "fair_value": 6.944932, "relative_strength": 5.741766, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.727293, "energy": 8.670965, "activity_lines": [ 7.418137, 7.50873, 7.391524, 7.317707 ] }, { "date": "2024-01-19", "close": 6.415842, "volume": 30236304, "typical_volume": 22946252.85, "trend": 7.209726, "fair_value": 6.933449, "relative_strength": 3.42145, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.656286, "energy": 25.546903, "activity_lines": [ 7.032738, 7.305683, 7.310176, 7.265909 ] }, { "date": "2024-01-26", "close": 6.348509, "volume": 31656740, "typical_volume": 23854703.4, "trend": 7.207161, "fair_value": 6.92258, "relative_strength": -0.660056, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -33.097665, "energy": 38.776138, "activity_lines": [ 6.710182, 7.108581, 7.224658, 7.210347 ] }, { "date": "2024-02-02", "close": 5.174997, "volume": 27877120, "typical_volume": 24845392.4, "trend": 7.138546, "fair_value": 6.906542, "relative_strength": -13.700752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.297517, "energy": 84.591714, "activity_lines": [ 6.098416, 6.719276, 7.030997, 7.079239 ] }, { "date": "2024-02-09", "close": 4.241959, "volume": 39103604, "typical_volume": 26360166.6, "trend": 7.038509, "fair_value": 6.886353, "relative_strength": -32.35647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.735427, "energy": 94.628902, "activity_lines": [ 5.362887, 6.203176, 6.757086, 6.892363 ] }, { "date": "2024-02-23", "close": 5.14614, "volume": 28295811, "typical_volume": 27244520.15, "trend": 6.973741, "fair_value": 6.873111, "relative_strength": -21.539271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.940163, "energy": 85.727005, "activity_lines": [ 5.155759, 5.913558, 6.58257, 6.770274 ] }, { "date": "2024-03-01", "close": 5.126902, "volume": 27705594, "typical_volume": 28378706.45, "trend": 6.896469, "fair_value": 6.863511, "relative_strength": -22.215217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.106878, "energy": 83.316229, "activity_lines": [ 5.042897, 5.660492, 6.415384, 6.651124 ] }, { "date": "2024-03-08", "close": 5.569374, "volume": 63118448, "typical_volume": 31156900.85, "trend": 6.829136, "fair_value": 6.857845, "relative_strength": -15.890394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.848932, "energy": 58.713937, "activity_lines": [ 5.163454, 5.534571, 6.299727, 6.565505 ] }, { "date": "2024-03-15", "close": 5.492422, "volume": 41547946, "typical_volume": 32619514.15, "trend": 6.770461, "fair_value": 6.848967, "relative_strength": -17.095032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.966384, "energy": 45.972987, "activity_lines": [ 5.310303, 5.436632, 6.182468, 6.479265 ] }, { "date": "2024-03-22", "close": 5.732896, "volume": 36452433, "typical_volume": 33831834.9, "trend": 6.730382, "fair_value": 6.840322, "relative_strength": -13.186591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.865332, "energy": 33.414812, "activity_lines": [ 5.516149, 5.427713, 6.094386, 6.412325 ] }, { "date": "2024-03-29", "close": 5.540517, "volume": 25047777, "typical_volume": 34423552.75, "trend": 6.672989, "fair_value": 6.830968, "relative_strength": -15.820225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.141745, "energy": 28.024882, "activity_lines": [ 5.558472, 5.418619, 5.994761, 6.33556 ] }, { "date": "2024-04-05", "close": 5.732896, "volume": 16568666, "typical_volume": 34633339.25, "trend": 6.634513, "fair_value": 6.822481, "relative_strength": -13.624055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.145057, "energy": 24.828835, "activity_lines": [ 5.63863, 5.46479, 5.921153, 6.274909 ] }, { "date": "2024-04-12", "close": 5.627088, "volume": 22480739, "typical_volume": 35338392.8, "trend": 6.585135, "fair_value": 6.815145, "relative_strength": -13.802735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.055382, "energy": 23.197406, "activity_lines": [ 5.643119, 5.50414, 5.845484, 6.209914 ] }, { "date": "2024-04-19", "close": 4.886428, "volume": 32847073, "typical_volume": 36605395.45, "trend": 6.515238, "fair_value": 6.80186, "relative_strength": -26.109736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.54611, "energy": 38.983226, "activity_lines": [ 5.396874, 5.421942, 5.708253, 6.10032 ] }, { "date": "2024-04-26", "close": 5.165378, "volume": 18250413, "typical_volume": 37082669.05, "trend": 6.453035, "fair_value": 6.785603, "relative_strength": -22.385196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.368983, "energy": 37.763769, "activity_lines": [ 5.284012, 5.395708, 5.610186, 6.013232 ] }, { "date": "2024-05-03", "close": 5.136521, "volume": 13858360, "typical_volume": 36874191.05, "trend": 6.388588, "fair_value": 6.770155, "relative_strength": -23.152495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.189058, "energy": 41.002118, "activity_lines": [ 5.199365, 5.347438, 5.521233, 5.928295 ] }, { "date": "2024-05-10", "close": 5.232711, "volume": 18114172, "typical_volume": 37134088.65, "trend": 6.326386, "fair_value": 6.753755, "relative_strength": -22.818403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.322765, "energy": 48.510544, "activity_lines": [ 5.173714, 5.316833, 5.451977, 5.853723 ] }, { "date": "2024-05-17", "close": 5.559755, "volume": 17383477, "typical_volume": 36744875.8, "trend": 6.285986, "fair_value": 6.739032, "relative_strength": -17.819371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.609706, "energy": 35.583471, "activity_lines": [ 5.290424, 5.343766, 5.425594, 5.804263 ] }, { "date": "2024-05-24", "close": 5.33852, "volume": 70627037, "typical_volume": 34426694.2, "trend": 6.236929, "fair_value": 6.724408, "relative_strength": -19.139691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.282105, "energy": 26.132468, "activity_lines": [ 5.337878, 5.330649, 5.389179, 5.743136 ] }, { "date": "2024-05-31", "close": 4.857572, "volume": 44753522, "typical_volume": 33058979.25, "trend": 6.160298, "fair_value": 6.705865, "relative_strength": -25.993217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.816587, "energy": 36.478753, "activity_lines": [ 5.194877, 5.232886, 5.319556, 5.654145 ] }, { "date": "2024-06-07", "close": 4.482432, "volume": 26764982, "typical_volume": 31634510.9, "trend": 6.071163, "fair_value": 6.683086, "relative_strength": -30.449599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.582509, "energy": 49.342105, "activity_lines": [ 4.947349, 5.08283, 5.227489, 5.545896 ] }, { "date": "2024-06-14", "close": 4.463194, "volume": 11288759, "typical_volume": 30687133.65, "trend": 5.972729, "fair_value": 6.659609, "relative_strength": -29.90921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.149141, "energy": 68.389661, "activity_lines": [ 4.737014, 4.948514, 5.143941, 5.442156 ] }, { "date": "2024-06-21", "close": 4.340379, "volume": 11311740, "typical_volume": 29669883.65, "trend": 5.866995, "fair_value": 6.633671, "relative_strength": -30.625902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.05118, "energy": 78.288145, "activity_lines": [ 4.537042, 4.814954, 5.057996, 5.336843 ] }, { "date": "2024-06-28", "close": 4.310786, "volume": 10419018, "typical_volume": 28796978.55, "trend": 5.759633, "fair_value": 6.608014, "relative_strength": -30.004941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.754629, "energy": 78.710407, "activity_lines": [ 4.408498, 4.699408, 4.978794, 5.236442 ] }, { "date": "2024-07-05", "close": 4.172683, "volume": 7351680, "typical_volume": 27209382.35, "trend": 5.643499, "fair_value": 6.576189, "relative_strength": -31.468421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.570554, "energy": 77.12684, "activity_lines": [ 4.302434, 4.569219, 4.890555, 5.134058 ] }, { "date": "2024-07-12", "close": 4.202277, "volume": 11023003, "typical_volume": 26345741.95, "trend": 5.538613, "fair_value": 6.550169, "relative_strength": -30.935007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.276547, "energy": 67.935692, "activity_lines": [ 4.251895, 4.462459, 4.805464, 5.041076 ] }, { "date": "2024-07-19", "close": 4.054309, "volume": 8540720, "typical_volume": 25387498.25, "trend": 5.417251, "fair_value": 6.525036, "relative_strength": -33.04302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.893543, "energy": 70.400156, "activity_lines": [ 4.17071, 4.345782, 4.710776, 4.945315 ] }, { "date": "2024-07-26", "close": 4.064173, "volume": 9025888, "typical_volume": 22682870.25, "trend": 5.290126, "fair_value": 6.499965, "relative_strength": -30.239901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.750421, "energy": 65.412481, "activity_lines": [ 4.120072, 4.252325, 4.622134, 4.858019 ] }, { "date": "2024-08-02", "close": 4.379838, "volume": 10866496, "typical_volume": 21148797.75, "trend": 5.169996, "fair_value": 6.475245, "relative_strength": -24.588835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.074657, "energy": 51.282853, "activity_lines": [ 4.19307, 4.243453, 4.570724, 4.799291 ] }, { "date": "2024-08-09", "close": 4.51794, "volume": 17544988, "typical_volume": 20203425.5, "trend": 5.065692, "fair_value": 6.454379, "relative_strength": -20.473697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.71006, "energy": 38.009633, "activity_lines": [ 4.307498, 4.277121, 4.537764, 4.757223 ] }, { "date": "2024-08-16", "close": 5.159132, "volume": 55093004, "typical_volume": 21705686.85, "trend": 5.015786, "fair_value": 6.438164, "relative_strength": -9.367245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.965234, "energy": 14.765189, "activity_lines": [ 4.612639, 4.433545, 4.571656, 4.763251 ] }, { "date": "2024-08-23", "close": 4.024715, "volume": 108511959, "typical_volume": 26302851.5, "trend": 4.936081, "fair_value": 6.416727, "relative_strength": -28.140808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.078421, "energy": 24.800897, "activity_lines": [ 4.475851, 4.371408, 4.499324, 4.699311 ] }, { "date": "2024-08-30", "close": 4.271327, "volume": 34307164, "typical_volume": 26894172.75, "trend": 4.866842, "fair_value": 6.397142, "relative_strength": -22.794155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.520673, "energy": 19.738234, "activity_lines": [ 4.423241, 4.362081, 4.458613, 4.656424 ] }, { "date": "2024-09-06", "close": 4.222005, "volume": 19908380, "typical_volume": 26247238.1, "trend": 4.835076, "fair_value": 6.37751, "relative_strength": -21.014635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.642977, "energy": 25.464183, "activity_lines": [ 4.340379, 4.345042, 4.419661, 4.614822 ] }, { "date": "2024-09-13", "close": 4.182547, "volume": 15808508, "typical_volume": 26125142.85, "trend": 4.833095, "fair_value": 6.35444, "relative_strength": -19.387839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.887925, "energy": 37.474737, "activity_lines": [ 4.254887, 4.322444, 4.380115, 4.572723 ] }, { "date": "2024-09-20", "close": 4.241735, "volume": 13482460, "typical_volume": 26106347.85, "trend": 4.802948, "fair_value": 6.333154, "relative_strength": -18.661498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.664543, "energy": 35.050778, "activity_lines": [ 4.211483, 4.310427, 4.350885, 4.534571 ] }, { "date": "2024-09-27", "close": 4.764553, "volume": 22196320, "typical_volume": 26310455.25, "trend": 4.79087, "fair_value": 6.317378, "relative_strength": -18.427893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.828383, "energy": 10.756638, "activity_lines": [ 4.403512, 4.392751, 4.375709, 4.532094 ] }, { "date": "2024-10-04", "close": 5.129539, "volume": 10945079, "typical_volume": 25988535.35, "trend": 4.776209, "fair_value": 6.304319, "relative_strength": -18.133399, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.66384, "energy": 12.464859, "activity_lines": [ 4.667881, 4.528522, 4.437523, 4.553943 ] }, { "date": "2024-10-11", "close": 4.833604, "volume": 35657893, "typical_volume": 24240078.15, "trend": 4.754248, "fair_value": 6.289687, "relative_strength": -19.365182, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.122518, "energy": 20.519098, "activity_lines": [ 4.77639, 4.591117, 4.473201, 4.557646 ] }, { "date": "2024-10-18", "close": 4.961843, "volume": 20239695, "typical_volume": 23014386.8, "trend": 4.728547, "fair_value": 6.27712, "relative_strength": -17.768051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.585778, "energy": 26.992682, "activity_lines": [ 4.886873, 4.668777, 4.523497, 4.571039 ] }, { "date": "2024-10-25", "close": 5.247913, "volume": 20516731, "typical_volume": 22701974.25, "trend": 4.718793, "fair_value": 6.266493, "relative_strength": -13.408898, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.492151, "energy": 47.030733, "activity_lines": [ 5.040759, 4.79038, 4.600541, 4.604547 ] }, { "date": "2024-11-01", "close": 5.297235, "volume": 34424835, "typical_volume": 23858778.05, "trend": 4.704271, "fair_value": 6.257209, "relative_strength": -11.155521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.977306, "energy": 48.60029, "activity_lines": [ 5.144007, 4.919336, 4.678638, 4.641866 ] }, { "date": "2024-11-08", "close": 5.563577, "volume": 26617460, "typical_volume": 24624064.05, "trend": 4.702154, "fair_value": 6.248768, "relative_strength": -10.856014, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.159718, "energy": 55.593296, "activity_lines": [ 5.300524, 5.07358, 4.778128, 4.697305 ] }, { "date": "2024-11-15", "close": 5.751002, "volume": 29768681, "typical_volume": 25591547.2, "trend": 4.730973, "fair_value": 6.241691, "relative_strength": -3.758903, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.8728, "energy": 74.970835, "activity_lines": [ 5.490579, 5.238407, 4.889644, 4.764972 ] }, { "date": "2024-11-22", "close": 5.721409, "volume": 137378146, "typical_volume": 32092870.5, "trend": 4.749508, "fair_value": 6.23572, "relative_strength": -1.645422, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.986529, "energy": 78.606861, "activity_lines": [ 5.609611, 5.370053, 4.991483, 4.828871 ] }, { "date": "2024-11-29", "close": 5.859512, "volume": 43164928, "typical_volume": 33699966.75, "trend": 4.773607, "fair_value": 6.22869, "relative_strength": -0.29569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.457465, "energy": 80.194, "activity_lines": [ 5.724039, 5.49883, 5.0991, 4.900485 ] }, { "date": "2024-12-06", "close": 6.106124, "volume": 32562840, "typical_volume": 34901072.75, "trend": 4.802721, "fair_value": 6.224753, "relative_strength": 2.346758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.514794, "energy": 82.206013, "activity_lines": [ 5.879898, 5.643031, 5.222312, 4.986453 ] }, { "date": "2024-12-13", "close": 6.451382, "volume": 35342732, "typical_volume": 36216914.95, "trend": 4.832442, "fair_value": 6.222003, "relative_strength": 9.208912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.501132, "energy": 81.622944, "activity_lines": [ 6.096917, 5.825614, 5.368636, 5.092819 ] }, { "date": "2024-12-20", "close": 6.619079, "volume": 71089100, "typical_volume": 39228045.15, "trend": 4.875127, "fair_value": 6.219519, "relative_strength": 13.655331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.455145, "energy": 71.669233, "activity_lines": [ 6.310649, 6.014654, 5.519563, 5.208086 ] }, { "date": "2024-12-27", "close": 5.859512, "volume": 70827719, "typical_volume": 41892181.7, "trend": 4.908525, "fair_value": 6.212111, "relative_strength": 0.761437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.576887, "energy": 52.939682, "activity_lines": [ 6.213319, 6.033127, 5.587487, 5.271594 ] }, { "date": "2025-01-03", "close": 5.139404, "volume": 24423421, "typical_volume": 40358702.55, "trend": 4.930424, "fair_value": 6.199224, "relative_strength": -5.274502, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.233531, "energy": 31.931563, "activity_lines": [ 5.866746, 5.904351, 5.580441, 5.28649 ] }, { "date": "2025-01-10", "close": 5.188726, "volume": 22254540, "typical_volume": 36045831.6, "trend": 4.954609, "fair_value": 6.186707, "relative_strength": -1.984779, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.677874, "energy": 18.341885, "activity_lines": [ 5.584621, 5.786515, 5.578186, 5.303154 ] }, { "date": "2025-01-17", "close": 5.386016, "volume": 28278588, "typical_volume": 35744402.8, "trend": 4.989463, "fair_value": 6.175778, "relative_strength": 0.189193, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.861582, "energy": 23.702426, "activity_lines": [ 5.42942, 5.706523, 5.589178, 5.330987 ] }, { "date": "2025-01-24", "close": 5.346558, "volume": 17459277, "typical_volume": 35621947.65, "trend": 5.023989, "fair_value": 6.164867, "relative_strength": -0.155564, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.042885, "energy": 22.643912, "activity_lines": [ 5.33209, 5.622585, 5.591104, 5.354025 ] }, { "date": "2025-01-31", "close": 5.425474, "volume": 4135640, "typical_volume": 35038304.25, "trend": 5.065749, "fair_value": 6.152626, "relative_strength": 1.991705, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.473136, "energy": 15.129178, "activity_lines": [ 5.3459, 5.560349, 5.59519, 5.379928 ] }, { "date": "2025-02-07", "close": 5.524119, "volume": 9932184, "typical_volume": 34860790.45, "trend": 5.10981, "fair_value": 6.140855, "relative_strength": 2.446973, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.762579, "energy": 10.425834, "activity_lines": [ 5.421528, 5.521429, 5.602753, 5.4095 ] }, { "date": "2025-02-14", "close": 5.484661, "volume": 13577600, "typical_volume": 34429854.45, "trend": 5.157488, "fair_value": 6.128885, "relative_strength": 0.21924, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.857799, "energy": 8.491519, "activity_lines": [ 5.458356, 5.481433, 5.600451, 5.433684 ] }, { "date": "2025-02-21", "close": 5.603035, "volume": 59782204, "typical_volume": 36871710.7, "trend": 5.208784, "fair_value": 6.117674, "relative_strength": 1.465889, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.762753, "energy": 13.44652, "activity_lines": [ 5.514912, 5.474258, 5.605994, 5.462429 ] }, { "date": "2025-02-28", "close": 5.346558, "volume": 27242138, "typical_volume": 36450922.95, "trend": 5.241008, "fair_value": 6.103632, "relative_strength": -1.3842, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.325535, "energy": 10.353575, "activity_lines": [ 5.471508, 5.435877, 5.584856, 5.471317 ] }, { "date": "2025-03-07", "close": 5.622764, "volume": 23087342, "typical_volume": 36593305.3, "trend": 5.277835, "fair_value": 6.095732, "relative_strength": 2.316346, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.746096, "energy": 12.905457, "activity_lines": [ 5.520173, 5.470851, 5.587581, 5.495947 ] }, { "date": "2025-03-14", "close": 6.244227, "volume": 78666002, "typical_volume": 39500768.85, "trend": 5.314005, "fair_value": 6.085609, "relative_strength": 12.025759, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.456677, "energy": 31.514473, "activity_lines": [ 5.76284, 5.623123, 5.646345, 5.558295 ] }, { "date": "2025-03-21", "close": 5.829918, "volume": 27815460, "typical_volume": 39170300.1, "trend": 5.374179, "fair_value": 6.071803, "relative_strength": 6.480267, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.444732, "energy": 36.563919, "activity_lines": [ 5.819396, 5.679978, 5.660907, 5.591579 ] }, { "date": "2025-03-28", "close": 5.435339, "volume": 18760160, "typical_volume": 38777435.1, "trend": 5.412979, "fair_value": 6.054119, "relative_strength": -0.089746, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.770784, "energy": 24.19428, "activity_lines": [ 5.721409, 5.653434, 5.635353, 5.595525 ] }, { "date": "2025-04-04", "close": 5.464932, "volume": 12094240, "typical_volume": 37893713.05, "trend": 5.45441, "fair_value": 6.036948, "relative_strength": 1.012063, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.545756, "energy": 19.147694, "activity_lines": [ 5.644466, 5.631373, 5.613228, 5.598877 ] }, { "date": "2025-04-11", "close": 5.10981, "volume": 25329395, "typical_volume": 32291275.5, "trend": 5.485319, "fair_value": 6.02074, "relative_strength": -2.193087, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.750125, "energy": 19.761536, "activity_lines": [ 5.441257, 5.542592, 5.558645, 5.576645 ] }, { "date": "2025-04-18", "close": 5.228184, "volume": 29528396, "typical_volume": 31609448.9, "trend": 5.5182, "fair_value": 6.00907, "relative_strength": -1.104856, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.121579, "energy": 31.275275, "activity_lines": [ 5.311703, 5.481074, 5.518247, 5.560055 ] }, { "date": "2025-04-25", "close": 5.129539, "volume": 69054470, "typical_volume": 33434030.4, "trend": 5.530367, "fair_value": 5.998711, "relative_strength": -3.377377, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.387515, "energy": 41.182628, "activity_lines": [ 5.217004, 5.407, 5.471461, 5.534981 ] }, { "date": "2025-05-02", "close": 5.70168, "volume": 21036552, "typical_volume": 32718721.4, "trend": 5.549438, "fair_value": 5.993045, "relative_strength": 7.816076, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.352759, "energy": 35.047505, "activity_lines": [ 5.359711, 5.443409, 5.483815, 5.546033 ] }, { "date": "2025-05-09", "close": 5.938428, "volume": 61661050, "typical_volume": 32247318.9, "trend": 5.586265, "fair_value": 5.990948, "relative_strength": 10.022142, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.549934, "energy": 6.940885, "activity_lines": [ 5.563577, 5.52107, 5.522287, 5.571129 ] }, { "date": "2025-05-16", "close": 7.36878, "volume": 79573788, "typical_volume": 32684622.35, "trend": 5.666497, "fair_value": 5.996562, "relative_strength": 34.807204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.467144, "energy": 58.838249, "activity_lines": [ 6.212661, 5.848033, 5.700224, 5.68613 ] }, { "date": "2025-05-23", "close": 7.220813, "volume": 139667552, "typical_volume": 38446828.9, "trend": 5.73226, "fair_value": 6.005061, "relative_strength": 32.182803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.066167, "energy": 77.160202, "activity_lines": [ 6.661825, 6.116348, 5.856881, 5.786409 ] }, { "date": "2025-05-30", "close": 7.852141, "volume": 141141107, "typical_volume": 44391157.25, "trend": 5.817423, "fair_value": 6.015231, "relative_strength": 42.481159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.368694, "energy": 84.067527, "activity_lines": [ 7.188589, 6.481693, 6.063754, 5.923175 ] }, { "date": "2025-06-06", "close": 7.08271, "volume": 75953657, "typical_volume": 46774910.7, "trend": 5.868061, "fair_value": 6.021333, "relative_strength": 26.163412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.43842, "energy": 78.007699, "activity_lines": [ 7.277369, 6.670374, 6.184665, 6.004807 ] }, { "date": "2025-06-13", "close": 7.043252, "volume": 44961894, "typical_volume": 48150041.55, "trend": 5.911136, "fair_value": 6.026696, "relative_strength": 24.882093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.065747, "energy": 72.181346, "activity_lines": [ 7.260929, 6.821928, 6.293738, 6.080625 ] }, { "date": "2025-06-20", "close": 6.727588, "volume": 25738960, "typical_volume": 49230207.55, "trend": 5.944675, "fair_value": 6.030575, "relative_strength": 19.131446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.822091, "energy": 46.02904, "activity_lines": [ 7.065612, 6.887393, 6.364668, 6.1333 ] }, { "date": "2025-06-27", "close": 6.984065, "volume": 24846680, "typical_volume": 49975932.35, "trend": 5.982161, "fair_value": 6.035235, "relative_strength": 20.540202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.512759, "energy": 35.643549, "activity_lines": [ 6.998533, 6.970075, 6.453825, 6.200357 ] }, { "date": "2025-07-04", "close": 7.04, "volume": 24081000, "typical_volume": 50501102.35, "trend": 6.01329, "fair_value": 6.040415, "relative_strength": 18.99376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.901808, "energy": 28.960263, "activity_lines": [ 6.965883, 7.031003, 6.541356, 6.268605 ] }, { "date": "2025-07-11", "close": 7.13, "volume": 18868960, "typical_volume": 48455440.15, "trend": 6.03591, "fair_value": 6.045309, "relative_strength": 18.390821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.592096, "energy": 29.904935, "activity_lines": [ 7.017375, 7.073558, 6.630052, 6.34065 ] }, { "date": "2025-07-18", "close": 7.1, "volume": 27770460, "typical_volume": 48481856.25, "trend": 6.051941, "fair_value": 6.050462, "relative_strength": 16.235983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.190977, "energy": 31.656429, "activity_lines": [ 7.055715, 7.084689, 6.70862, 6.409301 ] }, { "date": "2025-07-25", "close": 7.17, "volume": 23002540, "typical_volume": 48477616.15, "trend": 6.095624, "fair_value": 6.055719, "relative_strength": 14.697022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.671361, "energy": 37.46625, "activity_lines": [ 7.113604, 7.087428, 6.785505, 6.481434 ] }, { "date": "2025-08-01", "close": 9.28, "volume": 105937977, "typical_volume": 49841214.9, "trend": 6.233644, "fair_value": 6.074616, "relative_strength": 48.056419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.142771, "energy": 73.292676, "activity_lines": [ 7.845333, 7.477418, 7.055975, 6.686878 ] }, { "date": "2025-08-08", "close": 7.53, "volume": 135318009, "typical_volume": 55216342.35, "trend": 6.311686, "fair_value": 6.084948, "relative_strength": 17.021735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.259801, "energy": 51.978245, "activity_lines": [ 7.840667, 7.511786, 7.145321, 6.770514 ] }, { "date": "2025-08-15", "close": 7.53, "volume": 58653135, "typical_volume": 57210991.1, "trend": 6.383152, "fair_value": 6.093088, "relative_strength": 14.764711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.162272, "energy": 53.206916, "activity_lines": [ 7.803333, 7.552011, 7.226573, 6.849115 ] }, { "date": "2025-08-22", "close": 7.82, "volume": 60367540, "typical_volume": 59624656.1, "trend": 6.465601, "fair_value": 6.102915, "relative_strength": 14.380457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.938209, "energy": 49.927056, "activity_lines": [ 7.836, 7.636831, 7.325468, 6.941814 ] }, { "date": "2025-08-29", "close": 7.75, "volume": 49209780, "typical_volume": 60818675.35, "trend": 6.543085, "fair_value": 6.113792, "relative_strength": 11.802584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.754708, "energy": 35.814082, "activity_lines": [ 7.797333, 7.694801, 7.406482, 7.024679 ] }, { "date": "2025-09-05", "close": 11.47, "volume": 56369897, "typical_volume": 62160750.4, "trend": 6.741281, "fair_value": 6.147593, "relative_strength": 64.824394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.653928, "energy": 82.303992, "activity_lines": [ 8.96, 8.410545, 7.82921, 7.342544 ] }, { "date": "2025-09-12", "close": 8.46, "volume": 216023321, "typical_volume": 69509192.95, "trend": 6.840459, "fair_value": 6.162387, "relative_strength": 18.945486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.336759, "energy": 58.348424, "activity_lines": [ 8.973333, 8.497455, 7.935548, 7.45343 ] }, { "date": "2025-09-19", "close": 8.29, "volume": 77181620, "typical_volume": 72316446.35, "trend": 6.930024, "fair_value": 6.175053, "relative_strength": 17.334807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.377987, "energy": 51.589742, "activity_lines": [ 8.868, 8.527636, 8.009837, 7.546948 ] }, { "date": "2025-09-26", "close": 8.32, "volume": 79310773, "typical_volume": 73198932.5, "trend": 7.029139, "fair_value": 6.188027, "relative_strength": 16.747747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.809576, "energy": 43.559405, "activity_lines": [ 8.722, 8.542182, 8.074657, 7.636624 ] }, { "date": "2025-10-03", "close": 8.49, "volume": 18927380, "typical_volume": 70166612.1, "trend": 7.124714, "fair_value": 6.202264, "relative_strength": 16.673351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.313897, "energy": 26.146922, "activity_lines": [ 8.599333, 8.565455, 8.144326, 7.730873 ] }, { "date": "2025-10-10", "close": 9.42, "volume": 35394538, "typical_volume": 64952961.4, "trend": 7.230573, "fair_value": 6.224423, "relative_strength": 27.780613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.476577, "energy": 32.240647, "activity_lines": [ 8.737333, 8.733818, 8.297229, 7.878956 ] }, { "date": "2025-10-17", "close": 9.04, "volume": 139175090, "typical_volume": 64854660.55, "trend": 7.337575, "fair_value": 6.245587, "relative_strength": 23.409984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.532875, "energy": 30.795821, "activity_lines": [ 8.885333, 8.830545, 8.403468, 7.995694 ] }, { "date": "2025-10-24", "close": 9.19, "volume": 78887028, "typical_volume": 65001329.1, "trend": 7.462731, "fair_value": 6.268404, "relative_strength": 21.048478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.612675, "energy": 33.817784, "activity_lines": [ 9.044667, 8.927091, 8.518336, 8.115205 ] }, { "date": "2025-10-31", "close": 8.71, "volume": 49440778, "typical_volume": 65225273.3, "trend": 7.5709, "fair_value": 6.283821, "relative_strength": 13.930993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.426935, "energy": 34.179632, "activity_lines": [ 8.984, 8.906182, 8.577456, 8.195674 ] }, { "date": "2025-11-07", "close": 8.95, "volume": 41371120, "typical_volume": 66006881.3, "trend": 7.698906, "fair_value": 6.302966, "relative_strength": 15.0996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.048484, "energy": 31.491145, "activity_lines": [ 8.977333, 8.912727, 8.651496, 8.284648 ] }, { "date": "2025-11-14", "close": 9.23, "volume": 39423311, "typical_volume": 66735712.85, "trend": 7.8323, "fair_value": 6.326271, "relative_strength": 18.225264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.437866, "energy": 31.360844, "activity_lines": [ 9.033333, 8.948364, 8.741619, 8.383428 ] }, { "date": "2025-11-21", "close": 8.57, "volume": 49357611, "typical_volume": 67999543.4, "trend": 7.946982, "fair_value": 6.343673, "relative_strength": 13.685055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.872553, "energy": 19.163737, "activity_lines": [ 8.882, 8.904727, 8.75819, 8.431022 ] }, { "date": "2025-11-28", "close": 8.48, "volume": 31748706, "typical_volume": 68643530.7, "trend": 8.039593, "fair_value": 6.359633, "relative_strength": 10.484412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.916633, "energy": 15.427845, "activity_lines": [ 8.732, 8.842727, 8.758905, 8.46541 ] }, { "date": "2025-12-05", "close": 7.94, "volume": 29269789, "typical_volume": 68718497.15, "trend": 8.106312, "fair_value": 6.37144, "relative_strength": 2.831018, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.525548, "energy": 7.911955, "activity_lines": [ 8.449333, 8.679091, 8.701762, 8.458985 ] }, { "date": "2025-12-12", "close": 7.74, "volume": 30775406, "typical_volume": 69107140.45, "trend": 8.118686, "fair_value": 6.381791, "relative_strength": 0.501769, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.339888, "energy": 25.81162, "activity_lines": [ 8.151333, 8.486, 8.621571, 8.435352 ] }, { "date": "2025-12-19", "close": 8.33, "volume": 42907099, "typical_volume": 65955596.55, "trend": 8.155659, "fair_value": 6.393792, "relative_strength": 7.94771, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.209377, "energy": 31.054273, "activity_lines": [ 8.130667, 8.413818, 8.594857, 8.448985 ] }, { "date": "2025-12-26", "close": 7.94, "volume": 33682552, "typical_volume": 60873823.7, "trend": 8.158587, "fair_value": 6.403119, "relative_strength": 0.71942, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.025722, "energy": 39.428083, "activity_lines": [ 8.04, 8.290545, 8.535524, 8.435071 ] }, { "date": "2026-01-02", "close": 8.17, "volume": 18397520, "typical_volume": 58861042.95, "trend": 8.19483, "fair_value": 6.41173, "relative_strength": 3.045692, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.98182, "energy": 32.207386, "activity_lines": [ 8.068, 8.229091, 8.496143, 8.435808 ] }, { "date": "2026-01-09", "close": 8.18, "volume": 27165440, "typical_volume": 57200937.95, "trend": 8.232722, "fair_value": 6.421616, "relative_strength": -0.955218, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.602038, "energy": 14.48837, "activity_lines": [ 8.12, 8.188, 8.454667, 8.434851 ] }, { "date": "2026-01-16", "close": 8.05, "volume": 34270213, "typical_volume": 56453959.6, "trend": 8.276802, "fair_value": 6.432859, "relative_strength": -2.371395, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.687753, "energy": 19.377575, "activity_lines": [ 8.112667, 8.132909, 8.399095, 8.423063 ] }, { "date": "2026-01-23", "close": 8.2, "volume": 27607191, "typical_volume": 55015824.3, "trend": 8.317333, "fair_value": 6.445986, "relative_strength": -1.694321, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.232462, "energy": 11.519225, "activity_lines": [ 8.134667, 8.121455, 8.356381, 8.418108 ] }, { "date": "2026-01-30", "close": 7.92, "volume": 28114561, "typical_volume": 45620386.3, "trend": 8.346667, "fair_value": 6.458068, "relative_strength": -4.861726, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -28.617163, "energy": 19.427185, "activity_lines": [ 8.072, 8.077818, 8.302571, 8.392473 ] }, { "date": "2026-02-06", "close": 8.2, "volume": 21970060, "typical_volume": 42859808.3, "trend": 8.382333, "fair_value": 6.471484, "relative_strength": -0.555728, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.08886, "energy": 12.265067, "activity_lines": [ 8.104, 8.096909, 8.278, 8.383011 ] }, { "date": "2026-02-13", "close": 7.98, "volume": 19728473, "typical_volume": 39880693.3, "trend": 8.411667, "fair_value": 6.482682, "relative_strength": -3.902679, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.561782, "energy": 26.89462, "activity_lines": [ 8.060667, 8.081091, 8.232905, 8.357054 ] }, { "date": "2026-02-27", "close": 8.19, "volume": 17021877, "typical_volume": 39785418.15, "trend": 8.445667, "fair_value": 6.493497, "relative_strength": -3.570194, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.130312, "energy": 24.007412, "activity_lines": [ 8.100667, 8.102727, 8.209429, 8.342753 ] }, { "date": "2026-03-06", "close": 7.93, "volume": 22026839, "typical_volume": 39117033.2, "trend": 8.400667, "fair_value": 6.503625, "relative_strength": -6.032689, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.848843, "energy": 25.647801, "activity_lines": [ 8.044667, 8.068909, 8.162619, 8.309484 ] }, { "date": "2026-03-13", "close": 7.71, "volume": 15573120, "typical_volume": 32936934.7, "trend": 8.406667, "fair_value": 6.510844, "relative_strength": -8.184178, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.319711, "energy": 40.307373, "activity_lines": [ 7.933333, 8.002364, 8.101952, 8.264925 ] }, { "date": "2026-03-20", "close": 7.23, "volume": 15650719, "typical_volume": 29775119.25, "trend": 8.396667, "fair_value": 6.513256, "relative_strength": -10.889973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.235125, "energy": 62.269178, "activity_lines": [ 7.676, 7.852727, 8.001905, 8.189011 ] }, { "date": "2026-03-27", "close": 7.54, "volume": 19843606, "typical_volume": 28295260.65, "trend": 8.387333, "fair_value": 6.520192, "relative_strength": -6.210982, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.256477, "energy": 64.036258, "activity_lines": [ 7.586667, 7.776545, 7.940714, 8.133742 ] }, { "date": "2026-04-03", "close": 7.16, "volume": 14702910, "typical_volume": 26961850.15, "trend": 8.367667, "fair_value": 6.525615, "relative_strength": -10.353426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.974667, "energy": 73.451053, "activity_lines": [ 7.4, 7.642909, 7.848905, 8.054559 ] }, { "date": "2026-04-10", "close": 7.5, "volume": 10277320, "typical_volume": 25504550.6, "trend": 8.235333, "fair_value": 6.532641, "relative_strength": -8.80633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.451494, "energy": 64.413546, "activity_lines": [ 7.395333, 7.587273, 7.798, 7.998581 ] }, { "date": "2026-04-17", "close": 7.48, "volume": 11042600, "typical_volume": 23588800.05, "trend": 8.202667, "fair_value": 6.541038, "relative_strength": -10.736418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.775267, "energy": 44.361678, "activity_lines": [ 7.412667, 7.540727, 7.753429, 7.949849 ] }, { "date": "2026-04-24", "close": 7.79, "volume": 17290878, "typical_volume": 22865908.65, "trend": 8.186, "fair_value": 6.551883, "relative_strength": -7.954374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.80322, "energy": 33.984342, "activity_lines": [ 7.548667, 7.558545, 7.743571, 7.923226 ] }, { "date": "2026-05-01", "close": 8.09, "volume": 27574419, "typical_volume": 22781140.15, "trend": 8.178333, "fair_value": 6.564939, "relative_strength": -5.519151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.724677, "energy": 14.858825, "activity_lines": [ 7.747333, 7.638364, 7.765571, 7.917032 ] }, { "date": "2026-05-08", "close": 8.07, "volume": 14678960, "typical_volume": 21976317.85, "trend": 8.164333, "fair_value": 6.579539, "relative_strength": -7.445266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.971364, "energy": 16.635679, "activity_lines": [ 7.902667, 7.712545, 7.784952, 7.910043 ] }, { "date": "2026-05-15", "close": 8.07, "volume": 24351700, "typical_volume": 21048547.9, "trend": 8.119333, "fair_value": 6.591949, "relative_strength": -6.598168, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.711368, "energy": 19.440747, "activity_lines": [ 7.997333, 7.788909, 7.802762, 7.903957 ] }, { "date": "2026-05-22", "close": 7.73, "volume": 21257346, "typical_volume": 20427287.6, "trend": 8.075667, "fair_value": 6.599123, "relative_strength": -9.787697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.64053, "energy": 15.538602, "activity_lines": [ 7.940667, 7.800909, 7.789429, 7.878839 ] }, { "date": "2026-05-29", "close": 6.82, "volume": 27373502, "typical_volume": 20876086.7, "trend": 7.996667, "fair_value": 6.59833, "relative_strength": -19.182298, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.075665, "energy": 30.581095, "activity_lines": [ 7.564, 7.647091, 7.690429, 7.797828 ] }, { "date": "2026-06-05", "close": 6.78, "volume": 4845100, "typical_volume": 19760069.7, "trend": 7.932333, "fair_value": 6.596589, "relative_strength": -18.340295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.579938, "energy": 61.597486, "activity_lines": [ 7.238667, 7.493455, 7.594048, 7.719333 ] }, { "date": "2026-06-12", "close": 6.57, "volume": 3363940, "typical_volume": 18214756.05, "trend": 7.853, "fair_value": 6.593272, "relative_strength": -20.601131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.18452, "energy": 75.711087, "activity_lines": [ 6.930667, 7.315455, 7.484333, 7.631441 ] }, { "date": "2026-06-19", "close": 6.18, "volume": 17420780, "typical_volume": 17705435.5, "trend": 7.751333, "fair_value": 6.589011, "relative_strength": -25.992375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.417241, "energy": 85.289481, "activity_lines": [ 6.592667, 7.077273, 7.344524, 7.523505 ] }, { "date": "2026-06-26", "close": 5.91, "volume": 4113580, "typical_volume": 16505386.45, "trend": 7.662667, "fair_value": 6.582962, "relative_strength": -27.750771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.079089, "energy": 91.182882, "activity_lines": [ 6.290667, 6.814, 7.188619, 7.40471 ] }, { "date": "2026-07-03", "close": 6.14, "volume": 4183700, "typical_volume": 15616068.45, "trend": 7.584667, "fair_value": 6.579467, "relative_strength": -24.872356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.958627, "energy": 87.60592, "activity_lines": [ 6.186667, 6.621091, 7.06419, 7.306473 ] }, { "date": "2026-07-10", "close": 5.81, "volume": 17384340, "typical_volume": 15498861.8, "trend": 7.513667, "fair_value": 6.575522, "relative_strength": -27.670767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.230173, "energy": 90.221381, "activity_lines": [ 6.018, 6.398182, 6.918143, 7.191978 ] }, { "date": "2026-07-17", "close": 6.32, "volume": 44285400, "typical_volume": 16862037.95, "trend": 7.466333, "fair_value": 6.569666, "relative_strength": -16.189892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.722623, "energy": 66.08666, "activity_lines": [ 6.084, 6.309455, 6.831, 7.114968 ] }, { "date": "2026-07-24", "close": 5.85, "volume": 39532433, "typical_volume": 17737317.65, "trend": 7.383667, "fair_value": 6.560736, "relative_strength": -23.089719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.82838, "energy": 57.727473, "activity_lines": [ 6.01, 6.167091, 6.708, 7.010688 ] }, { "date": "2026-07-31", "close": 6.62, "volume": 24687500, "typical_volume": 18193036.65, "trend": 7.339667, "fair_value": 6.557729, "relative_strength": -13.152495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.54086, "energy": 41.565845, "activity_lines": [ 6.214667, 6.205091, 6.668238, 6.961419 ] }, { "date": "2026-08-07", "close": 6.72, "volume": 20528440, "typical_volume": 18436922.7, "trend": 7.291333, "fair_value": 6.553081, "relative_strength": -13.498394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.847506, "energy": 27.619449, "activity_lines": [ 6.405333, 6.281455, 6.64319, 6.921441 ] } ], "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." } } }