{ "ticker": { "uuid": "5861019f-a8ca-4ee0-a814-5afd4ae8363e", "symbol": "002820", "name": "Tianjin Guifaxiang 18th Street Mahua Food Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -48.045, "architecture_energy": 41.64, "architecture_maturity": 96.891, "architecture_confidence": 64.323, "architecture_tenure": "Established", "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": 23.75, "rotation_up": 24.93, "upward_expansion": 17.61, "deceleration": 66.86, "rotation_down": 42.31, "downward_expansion": 65.28 }, "activity_lines": [ 8.686, 8.662581, 9.270907, 9.778041 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.11, "trend_reference": 10.503062, "distance_from_trend": -0.132634, "trend_direction": "Weakening", "fair_value": 10.430804, "distance_from_fair_value": -0.126625, "fair_value_direction": "Weakening", "relative_strength": -23.784055, "relative_strength_direction": "Weakening", "price_momentum": -0.246485, "excess_performance": -0.253884, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.132634, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.116127, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.126625, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.230736, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.237841, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.027083, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.246485, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.372276, "read": "Supply-led" } ], "volume": { "latest": 33489790, "relative_activity": 1.372651, "balance": 0.372276, "dry_up": 1.503133, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.093915, "annualized_volatility": 0.372204, "from_high_reference": -0.476136, "from_low_reference": 0.189295 }, "levels": { "trend_reference": 10.503062, "fair_value_reference": 10.430804, "structural_low": 7.66, "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": 22, "median_return": 0.010007, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.019194, "regime_survival": 0.772727, "best_return": 0.380488, "worst_return": -0.182515, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.039167, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.041832, "regime_survival": 0.5, "best_return": 0.346566, "worst_return": -0.199028, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.0795, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.07765, "regime_survival": 0.2, "best_return": 0.532345, "worst_return": -0.082774, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.179963, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.066677, "regime_survival": 0.25, "best_return": 0.405507, "worst_return": -0.121654, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-10-04", "tenure": "Extended", "return": 0.04455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.010217, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.205379, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.269521, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-14", "tenure": "Developing", "return": -0.060372, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": -0.071867, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": 0.081137, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.039898, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.166896, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": 0.173512, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": 0.045741, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-03-06", "tenure": "Developing", "return": -0.053226, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.214655, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.44246, "volume": 103251112, "typical_volume": 52446085.65, "trend": 10.331068, "fair_value": 9.493984, "relative_strength": 24.998225, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.930932, "energy": 45.572941, "activity_lines": [ 11.247586, 10.984513, 10.49118, 10.284226 ] }, { "date": "2023-08-04", "close": 11.278996, "volume": 107164272, "typical_volume": 55383737.05, "trend": 10.273694, "fair_value": 9.490961, "relative_strength": 20.637362, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.763512, "energy": 53.106653, "activity_lines": [ 11.305279, 11.066572, 10.61019, 10.345383 ] }, { "date": "2023-08-11", "close": 10.519371, "volume": 73811560, "typical_volume": 57139487.95, "trend": 10.187519, "fair_value": 9.484304, "relative_strength": 16.058538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.110561, "energy": 39.887842, "activity_lines": [ 11.084763, 10.993503, 10.647338, 10.361233 ] }, { "date": "2023-08-18", "close": 10.346292, "volume": 32962196, "typical_volume": 56839210.0, "trend": 10.111075, "fair_value": 9.472769, "relative_strength": 17.020102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.717274, "energy": 19.064722, "activity_lines": [ 10.827067, 10.895425, 10.661561, 10.371476 ] }, { "date": "2023-08-25", "close": 10.038595, "volume": 27226348, "typical_volume": 56905412.95, "trend": 10.124959, "fair_value": 9.464091, "relative_strength": 16.282951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.266531, "energy": 16.396491, "activity_lines": [ 10.475781, 10.746472, 10.64059, 10.3668 ] }, { "date": "2023-09-01", "close": 10.634758, "volume": 32293406, "typical_volume": 56751833.05, "trend": 10.148277, "fair_value": 9.459176, "relative_strength": 18.241378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.172182, "energy": 20.467309, "activity_lines": [ 10.445652, 10.717975, 10.670527, 10.39969 ] }, { "date": "2023-09-08", "close": 10.163597, "volume": 25584016, "typical_volume": 56151789.85, "trend": 10.147983, "fair_value": 9.450592, "relative_strength": 14.121074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.763462, "energy": 14.30189, "activity_lines": [ 10.312317, 10.595945, 10.645888, 10.400679 ] }, { "date": "2023-09-15", "close": 10.067442, "volume": 17474976, "typical_volume": 54295389.4, "trend": 10.14385, "fair_value": 9.442394, "relative_strength": 14.382089, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.7176, "energy": 13.301446, "activity_lines": [ 10.22129, 10.469895, 10.603956, 10.395483 ] }, { "date": "2023-09-22", "close": 10.163597, "volume": 24250752, "typical_volume": 53586375.4, "trend": 10.137545, "fair_value": 9.436519, "relative_strength": 14.320203, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.550777, "energy": 11.399473, "activity_lines": [ 10.192444, 10.375138, 10.568066, 10.396757 ] }, { "date": "2023-09-29", "close": 9.942441, "volume": 20878800, "typical_volume": 52775572.4, "trend": 10.115329, "fair_value": 9.430405, "relative_strength": 11.883882, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.206899, "energy": 25.436029, "activity_lines": [ 10.102058, 10.245941, 10.507767, 10.384169 ] }, { "date": "2023-10-13", "close": 9.605897, "volume": 17286480, "typical_volume": 50136043.95, "trend": 10.111627, "fair_value": 9.422781, "relative_strength": 7.895218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.00072, "energy": 35.035509, "activity_lines": [ 9.905901, 10.090694, 10.413077, 10.351303 ] }, { "date": "2023-10-20", "close": 9.384741, "volume": 14697438, "typical_volume": 43432320.75, "trend": 10.115103, "fair_value": 9.413386, "relative_strength": 10.170112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.022804, "energy": 46.064184, "activity_lines": [ 9.704617, 9.928629, 10.301921, 10.304407 ] }, { "date": "2023-10-27", "close": 9.884747, "volume": 17802952, "typical_volume": 40766139.8, "trend": 10.139042, "fair_value": 9.409022, "relative_strength": 12.839957, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.774303, "energy": 45.017579, "activity_lines": [ 9.721925, 9.891915, 10.242948, 10.289545 ] }, { "date": "2023-11-03", "close": 10.250137, "volume": 27280448, "typical_volume": 38581895.7, "trend": 10.177058, "fair_value": 9.405705, "relative_strength": 15.155638, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.421914, "energy": 30.860562, "activity_lines": [ 9.873209, 9.933175, 10.223488, 10.296713 ] }, { "date": "2023-11-10", "close": 10.403985, "volume": 19781834, "typical_volume": 37021020.6, "trend": 10.230325, "fair_value": 9.402491, "relative_strength": 14.538799, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.122108, "energy": 8.255546, "activity_lines": [ 10.070006, 10.004155, 10.220466, 10.311353 ] }, { "date": "2023-11-17", "close": 10.480908, "volume": 14478426, "typical_volume": 36856222.9, "trend": 10.293114, "fair_value": 9.401183, "relative_strength": 14.489825, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.483836, "energy": 15.311829, "activity_lines": [ 10.261675, 10.082477, 10.226189, 10.32752 ] }, { "date": "2023-11-24", "close": 11.05784, "volume": 34089462, "typical_volume": 36954101.2, "trend": 10.379879, "fair_value": 9.405693, "relative_strength": 21.438667, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.699077, "energy": 27.029378, "activity_lines": [ 10.587321, 10.268494, 10.285531, 10.376857 ] }, { "date": "2023-12-01", "close": 11.346306, "volume": 81910006, "typical_volume": 39379566.4, "trend": 10.444313, "fair_value": 9.41217, "relative_strength": 24.934322, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.078848, "energy": 46.639745, "activity_lines": [ 10.897581, 10.490699, 10.371613, 10.439207 ] }, { "date": "2023-12-08", "close": 11.125148, "volume": 98367465, "typical_volume": 43083350.65, "trend": 10.499793, "fair_value": 9.414992, "relative_strength": 23.470158, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.940517, "energy": 51.567228, "activity_lines": [ 11.036686, 10.649443, 10.434159, 10.483132 ] }, { "date": "2023-12-15", "close": 11.05784, "volume": 43613390, "typical_volume": 41710266.95, "trend": 10.553345, "fair_value": 9.415145, "relative_strength": 23.939989, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.320086, "energy": 51.397422, "activity_lines": [ 11.09502, 10.778465, 10.487228, 10.519135 ] }, { "date": "2023-12-22", "close": 10.682835, "volume": 23226287, "typical_volume": 37709025.7, "trend": 10.557074, "fair_value": 9.414248, "relative_strength": 21.033956, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.834537, "energy": 35.182238, "activity_lines": [ 10.984762, 10.819025, 10.508474, 10.527489 ] }, { "date": "2023-12-29", "close": 10.980916, "volume": 32608051, "typical_volume": 33981214.65, "trend": 10.578329, "fair_value": 9.414496, "relative_strength": 19.585907, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.964693, "energy": 23.876357, "activity_lines": [ 10.960403, 10.894201, 10.561725, 10.554834 ] }, { "date": "2024-01-05", "close": 10.86553, "volume": 24979211, "typical_volume": 31539597.2, "trend": 10.578026, "fair_value": 9.417067, "relative_strength": 22.795512, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.153166, "energy": 14.279579, "activity_lines": [ 10.90271, 10.919377, 10.605407, 10.573363 ] }, { "date": "2024-01-12", "close": 10.990531, "volume": 81998620, "typical_volume": 33991418.4, "trend": 10.590205, "fair_value": 9.418083, "relative_strength": 25.763943, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.088672, "energy": 21.660061, "activity_lines": [ 10.918736, 10.949447, 10.659346, 10.599976 ] }, { "date": "2024-01-19", "close": 10.278983, "volume": 53196320, "typical_volume": 35289917.0, "trend": 10.576103, "fair_value": 9.417896, "relative_strength": 20.382086, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.347281, "energy": 11.591151, "activity_lines": [ 10.706553, 10.836683, 10.64245, 10.579897 ] }, { "date": "2024-01-26", "close": 10.009749, "volume": 38927159, "typical_volume": 35621604.65, "trend": 10.569692, "fair_value": 9.421518, "relative_strength": 17.436202, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.044455, "energy": 14.587238, "activity_lines": [ 10.45655, 10.67724, 10.598768, 10.543358 ] }, { "date": "2024-02-02", "close": 7.980876, "volume": 33266760, "typical_volume": 36005741.85, "trend": 10.472255, "fair_value": 9.41131, "relative_strength": 1.469259, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.690507, "energy": 65.489728, "activity_lines": [ 9.575128, 10.157478, 10.364836, 10.376338 ] }, { "date": "2024-02-09", "close": 7.221251, "volume": 72563602, "typical_volume": 38760173.15, "trend": 10.352061, "fair_value": 9.397941, "relative_strength": -16.140441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.711861, "energy": 84.818431, "activity_lines": [ 8.6405, 9.555547, 10.068953, 10.166596 ] }, { "date": "2024-02-23", "close": 8.35588, "volume": 50570930, "typical_volume": 40076182.05, "trend": 10.281227, "fair_value": 9.39108, "relative_strength": -5.75994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.140714, "energy": 78.036956, "activity_lines": [ 8.327034, 9.234913, 9.894683, 10.03781 ] }, { "date": "2024-03-01", "close": 8.202032, "volume": 48773600, "typical_volume": 41470922.05, "trend": 10.158789, "fair_value": 9.386353, "relative_strength": -11.076081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.986235, "energy": 79.723656, "activity_lines": [ 8.137929, 8.936658, 9.71437, 9.903668 ] }, { "date": "2024-03-08", "close": 8.202032, "volume": 27470700, "typical_volume": 41980133.05, "trend": 10.050775, "fair_value": 9.379036, "relative_strength": -10.447492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.175283, "energy": 76.533105, "activity_lines": [ 8.087287, 8.690326, 9.542343, 9.777426 ] }, { "date": "2024-03-15", "close": 8.740501, "volume": 30497118, "typical_volume": 42770117.05, "trend": 9.966159, "fair_value": 9.375641, "relative_strength": -7.01353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.510718, "energy": 47.812464, "activity_lines": [ 8.336649, 8.587002, 9.428285, 9.692892 ] }, { "date": "2024-03-22", "close": 8.913581, "volume": 29537850, "typical_volume": 43356861.95, "trend": 9.912632, "fair_value": 9.371824, "relative_strength": -4.859023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.694682, "energy": 35.104129, "activity_lines": [ 8.593063, 8.555883, 9.333778, 9.624984 ] }, { "date": "2024-03-29", "close": 8.980889, "volume": 25698456, "typical_volume": 43277762.35, "trend": 9.867119, "fair_value": 9.369558, "relative_strength": -2.71407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.549076, "energy": 26.96192, "activity_lines": [ 8.759091, 8.572492, 9.250307, 9.564871 ] }, { "date": "2024-04-05", "close": 9.36551, "volume": 14470388, "typical_volume": 43012190.05, "trend": 9.844683, "fair_value": 9.370229, "relative_strength": -0.454257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.107225, "energy": 22.391883, "activity_lines": [ 9.011659, 8.695571, 9.209509, 9.532509 ] }, { "date": "2024-04-12", "close": 8.817426, "volume": 31502676, "typical_volume": 43863402.55, "trend": 9.784105, "fair_value": 9.367739, "relative_strength": -3.401773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.044599, "energy": 20.28601, "activity_lines": [ 9.003967, 8.735606, 9.121459, 9.466235 ] }, { "date": "2024-04-19", "close": 7.990492, "volume": 44454936, "typical_volume": 44381676.25, "trend": 9.711668, "fair_value": 9.358241, "relative_strength": -13.155959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.982031, "energy": 27.675897, "activity_lines": [ 8.679604, 8.646969, 8.962574, 9.350518 ] }, { "date": "2024-04-26", "close": 8.259727, "volume": 29582142, "typical_volume": 41765283.05, "trend": 9.651411, "fair_value": 9.349997, "relative_strength": -12.224869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.064964, "energy": 33.715976, "activity_lines": [ 8.494986, 8.607108, 8.843937, 9.256844 ] }, { "date": "2024-05-03", "close": 8.548192, "volume": 11013820, "typical_volume": 37397600.8, "trend": 9.597564, "fair_value": 9.344722, "relative_strength": -10.591824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.050982, "energy": 36.680789, "activity_lines": [ 8.450114, 8.600815, 8.767471, 9.185669 ] }, { "date": "2024-05-10", "close": 8.63473, "volume": 22231202, "typical_volume": 36328491.4, "trend": 9.553974, "fair_value": 9.339118, "relative_strength": -11.122148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.909157, "energy": 44.654483, "activity_lines": [ 8.462934, 8.606759, 8.711518, 9.12355 ] }, { "date": "2024-05-17", "close": 8.644346, "volume": 20980640, "typical_volume": 36216209.05, "trend": 9.521922, "fair_value": 9.333281, "relative_strength": -10.898984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.482951, "energy": 40.438147, "activity_lines": [ 8.527678, 8.606584, 8.668019, 9.064865 ] }, { "date": "2024-05-24", "close": 8.298188, "volume": 20462540, "typical_volume": 35608933.5, "trend": 9.485704, "fair_value": 9.325402, "relative_strength": -11.918731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.867705, "energy": 37.838718, "activity_lines": [ 8.488575, 8.535429, 8.60126, 8.985914 ] }, { "date": "2024-05-31", "close": 8.028954, "volume": 16851982, "typical_volume": 35202572.05, "trend": 9.423844, "fair_value": 9.31774, "relative_strength": -14.070464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.283668, "energy": 51.66189, "activity_lines": [ 8.339214, 8.423365, 8.521634, 8.89193 ] }, { "date": "2024-06-07", "close": 7.724758, "volume": 25402180, "typical_volume": 32372750.05, "trend": 9.339665, "fair_value": 9.307775, "relative_strength": -16.171819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.695449, "energy": 61.079185, "activity_lines": [ 8.103839, 8.272076, 8.426545, 8.782312 ] }, { "date": "2024-06-14", "close": 7.626102, "volume": 12781960, "typical_volume": 30352032.05, "trend": 9.247068, "fair_value": 9.294822, "relative_strength": -16.947798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.492945, "energy": 72.628978, "activity_lines": [ 7.890475, 8.125689, 8.337611, 8.671759 ] }, { "date": "2024-06-21", "close": 7.40906, "volume": 12771420, "typical_volume": 29044245.1, "trend": 9.144674, "fair_value": 9.281185, "relative_strength": -17.375904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.875203, "energy": 79.910437, "activity_lines": [ 7.672005, 7.971465, 8.24064, 8.553178 ] }, { "date": "2024-06-28", "close": 7.290672, "volume": 14762802, "typical_volume": 28119047.2, "trend": 9.019101, "fair_value": 9.265964, "relative_strength": -16.511194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.514856, "energy": 80.43959, "activity_lines": [ 7.496425, 7.821322, 8.144778, 8.433565 ] }, { "date": "2024-07-05", "close": 7.359731, "volume": 12693560, "typical_volume": 25125545.1, "trend": 8.886215, "fair_value": 9.249536, "relative_strength": -14.108514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.638431, "energy": 74.522171, "activity_lines": [ 7.411032, 7.69646, 8.058779, 8.326509 ] }, { "date": "2024-07-12", "close": 7.40906, "volume": 12581039, "typical_volume": 23226050.55, "trend": 8.762346, "fair_value": 9.234919, "relative_strength": -14.828204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.663596, "energy": 64.725231, "activity_lines": [ 7.386697, 7.596931, 7.976819, 8.231209 ] }, { "date": "2024-07-19", "close": 7.211747, "volume": 11778432, "typical_volume": 21376292.15, "trend": 8.634143, "fair_value": 9.21838, "relative_strength": -17.255553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.212116, "energy": 70.474142, "activity_lines": [ 7.317638, 7.482237, 7.880576, 8.13117 ] }, { "date": "2024-07-26", "close": 7.142688, "volume": 11104026, "typical_volume": 20557958.45, "trend": 8.516138, "fair_value": 9.201578, "relative_strength": -14.938092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.236604, "energy": 65.302168, "activity_lines": [ 7.253183, 7.38086, 7.782472, 8.034947 ] }, { "date": "2024-08-02", "close": 7.418925, "volume": 11027864, "typical_volume": 19584495.75, "trend": 8.397405, "fair_value": 9.186964, "relative_strength": -10.791811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.051302, "energy": 51.841628, "activity_lines": [ 7.298565, 7.357011, 7.71572, 7.964159 ] }, { "date": "2024-08-09", "close": 7.320269, "volume": 23473040, "typical_volume": 19281255.25, "trend": 8.279229, "fair_value": 9.171598, "relative_strength": -10.019357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.296858, "energy": 47.418763, "activity_lines": [ 7.302511, 7.331211, 7.645866, 7.894667 ] }, { "date": "2024-08-16", "close": 7.073629, "volume": 14299860, "typical_volume": 18711325.45, "trend": 8.148666, "fair_value": 9.156921, "relative_strength": -12.322407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.92626, "energy": 49.262422, "activity_lines": [ 7.226875, 7.273452, 7.560109, 7.816886 ] }, { "date": "2024-08-23", "close": 6.659274, "volume": 11706314, "typical_volume": 18573121.75, "trend": 8.028009, "fair_value": 9.140304, "relative_strength": -15.49605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.205881, "energy": 57.15543, "activity_lines": [ 7.035482, 7.152195, 7.443972, 7.720796 ] }, { "date": "2024-08-30", "close": 7.044032, "volume": 12800160, "typical_volume": 17637995.95, "trend": 7.929152, "fair_value": 9.128603, "relative_strength": -12.141674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.988034, "energy": 50.181819, "activity_lines": [ 7.009174, 7.118473, 7.377366, 7.657314 ] }, { "date": "2024-09-06", "close": 6.974973, "volume": 14965800, "typical_volume": 16163539.15, "trend": 7.895622, "fair_value": 9.115742, "relative_strength": -10.434904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.44587, "energy": 59.842086, "activity_lines": [ 6.966423, 7.078831, 7.312627, 7.595754 ] }, { "date": "2024-09-13", "close": 6.826989, "volume": 12550320, "typical_volume": 15311948.05, "trend": 7.88248, "fair_value": 9.101514, "relative_strength": -10.428648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.932855, "energy": 60.182295, "activity_lines": [ 6.903941, 7.018023, 7.238631, 7.52681 ] }, { "date": "2024-09-20", "close": 7.00457, "volume": 8851978, "typical_volume": 15203855.95, "trend": 7.837436, "fair_value": 9.08741, "relative_strength": -8.918992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.231703, "energy": 43.669605, "activity_lines": [ 6.933538, 6.999189, 7.188369, 7.470171 ] }, { "date": "2024-09-27", "close": 7.724758, "volume": 23141700, "typical_volume": 15249380.85, "trend": 7.821527, "fair_value": 9.077145, "relative_strength": -14.441145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.040163, "energy": 17.329536, "activity_lines": [ 7.207801, 7.118652, 7.214047, 7.462901 ] }, { "date": "2024-10-04", "close": 8.336425, "volume": 13084059, "typical_volume": 14854551.8, "trend": 7.826007, "fair_value": 9.070264, "relative_strength": -16.21467, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.380065, "energy": 23.820939, "activity_lines": [ 7.614921, 7.34, 7.302313, 7.49612 ] }, { "date": "2024-10-11", "close": 7.724758, "volume": 37330354, "typical_volume": 15697942.5, "trend": 7.792148, "fair_value": 9.059701, "relative_strength": -18.384641, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.84995, "energy": 23.381553, "activity_lines": [ 7.731993, 7.428432, 7.333791, 7.489588 ] }, { "date": "2024-10-18", "close": 7.803683, "volume": 17762046, "typical_volume": 15743445.7, "trend": 7.755152, "fair_value": 9.049465, "relative_strength": -19.584623, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.429563, "energy": 31.669768, "activity_lines": [ 7.825387, 7.525653, 7.375516, 7.490332 ] }, { "date": "2024-10-25", "close": 8.070054, "volume": 21111890, "typical_volume": 15528931.2, "trend": 7.724791, "fair_value": 9.041653, "relative_strength": -18.52359, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.360029, "energy": 42.750548, "activity_lines": [ 7.942459, 7.662515, 7.443683, 7.510648 ] }, { "date": "2024-11-01", "close": 8.267365, "volume": 37564498, "typical_volume": 16768058.1, "trend": 7.688186, "fair_value": 9.034927, "relative_strength": -14.831481, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.060176, "energy": 46.175196, "activity_lines": [ 8.054269, 7.817136, 7.528997, 7.545653 ] }, { "date": "2024-11-08", "close": 8.701451, "volume": 69833967, "typical_volume": 19621185.45, "trend": 7.68432, "fair_value": 9.029251, "relative_strength": -15.575395, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.300654, "energy": 59.476739, "activity_lines": [ 8.2746, 8.021443, 7.652598, 7.611025 ] }, { "date": "2024-11-15", "close": 8.59293, "volume": 39673399, "typical_volume": 20866715.3, "trend": 7.704401, "fair_value": 9.022163, "relative_strength": -12.98632, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.584587, "energy": 59.375279, "activity_lines": [ 8.434423, 8.175885, 7.75971, 7.669645 ] }, { "date": "2024-11-22", "close": 9.727473, "volume": 69013511, "typical_volume": 23682712.85, "trend": 7.753326, "fair_value": 9.024318, "relative_strength": 1.681792, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.450946, "energy": 85.305731, "activity_lines": [ 8.914548, 8.507189, 7.968673, 7.800166 ] }, { "date": "2024-11-29", "close": 15.666559, "volume": 88423314, "typical_volume": 27474826.6, "trend": 7.990605, "fair_value": 9.066396, "relative_strength": 59.910664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.232531, "energy": 98.778806, "activity_lines": [ 11.246116, 9.865591, 8.731988, 8.310697 ] }, { "date": "2024-12-06", "close": 16.899757, "volume": 229590796, "typical_volume": 38365444.8, "trend": 8.266106, "fair_value": 9.115304, "relative_strength": 68.229401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.386597, "energy": 99.041364, "activity_lines": [ 13.482317, 11.290721, 9.573429, 8.885481 ] }, { "date": "2024-12-13", "close": 15.41992, "volume": 274117262, "typical_volume": 51516106.6, "trend": 8.491958, "fair_value": 9.154547, "relative_strength": 53.746643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.886764, "energy": 93.08976, "activity_lines": [ 14.649745, 12.27997, 10.227799, 9.347017 ] }, { "date": "2024-12-20", "close": 13.318548, "volume": 145486676, "typical_volume": 58239047.2, "trend": 8.659304, "fair_value": 9.1802, "relative_strength": 33.424008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.299678, "energy": 88.096985, "activity_lines": [ 14.668819, 12.758362, 10.642624, 9.65841 ] }, { "date": "2024-12-27", "close": 13.525726, "volume": 131192752, "typical_volume": 63625032.8, "trend": 8.84253, "fair_value": 9.207121, "relative_strength": 35.024097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.153966, "energy": 66.381557, "activity_lines": [ 14.44191, 13.172717, 11.049086, 9.972373 ] }, { "date": "2025-01-03", "close": 11.562473, "volume": 100189771, "typical_volume": 67919528.35, "trend": 8.970453, "fair_value": 9.221159, "relative_strength": 24.283179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.059708, "energy": 49.623171, "activity_lines": [ 13.307367, 13.12608, 11.239023, 10.147853 ] }, { "date": "2025-01-10", "close": 11.444086, "volume": 112660380, "typical_volume": 72967231.65, "trend": 9.09772, "fair_value": 9.234498, "relative_strength": 24.341268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.130766, "energy": 28.25588, "activity_lines": [ 12.406968, 12.994419, 11.396308, 10.307442 ] }, { "date": "2025-01-17", "close": 12.746345, "volume": 151637788, "typical_volume": 79909113.05, "trend": 9.275629, "fair_value": 9.256065, "relative_strength": 33.421272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.09582, "energy": 23.746758, "activity_lines": [ 12.304366, 13.041774, 11.654834, 10.542838 ] }, { "date": "2025-01-24", "close": 12.08535, "volume": 132023516, "typical_volume": 85761998.85, "trend": 9.435452, "fair_value": 9.274051, "relative_strength": 24.876106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.743318, "energy": 23.176978, "activity_lines": [ 12.159671, 12.895404, 11.823254, 10.72411 ] }, { "date": "2025-01-31", "close": 11.128387, "volume": 21365982, "typical_volume": 86202781.95, "trend": 9.561073, "fair_value": 9.284471, "relative_strength": 16.646462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.313711, "energy": 19.544497, "activity_lines": [ 11.778201, 12.511543, 11.876199, 10.833332 ] }, { "date": "2025-02-07", "close": 11.217177, "volume": 44932018, "typical_volume": 88006783.95, "trend": 9.688011, "fair_value": 9.295518, "relative_strength": 12.747247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.290628, "energy": 16.215549, "activity_lines": [ 11.586151, 12.118354, 11.917118, 10.940177 ] }, { "date": "2025-02-14", "close": 11.759785, "volume": 102020439, "typical_volume": 91950720.9, "trend": 9.839612, "fair_value": 9.308611, "relative_strength": 15.642951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.169544, "energy": 12.59806, "activity_lines": [ 11.597989, 11.90472, 11.989653, 11.07384 ] }, { "date": "2025-02-21", "close": 11.690726, "volume": 77530880, "typical_volume": 95173061.95, "trend": 9.991213, "fair_value": 9.321142, "relative_strength": 12.109281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.859352, "energy": 12.183774, "activity_lines": [ 11.565762, 11.771983, 12.036397, 11.193267 ] }, { "date": "2025-02-28", "close": 12.608226, "volume": 118338545, "typical_volume": 99223471.5, "trend": 10.16419, "fair_value": 9.344332, "relative_strength": 24.434818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.323373, "energy": 16.864212, "activity_lines": [ 11.909742, 11.873867, 12.15455, 11.362106 ] }, { "date": "2025-03-07", "close": 11.670995, "volume": 106142243, "typical_volume": 103642481.35, "trend": 10.309214, "fair_value": 9.361394, "relative_strength": 12.261295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.431947, "energy": 17.352315, "activity_lines": [ 11.906454, 11.818261, 12.160187, 11.459319 ] }, { "date": "2025-03-14", "close": 11.976829, "volume": 63711859, "typical_volume": 105772479.8, "trend": 10.472654, "fair_value": 9.379402, "relative_strength": 13.377724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.896817, "energy": 18.492207, "activity_lines": [ 11.968936, 11.851984, 12.176536, 11.566907 ] }, { "date": "2025-03-21", "close": 11.256639, "volume": 56788508, "typical_volume": 106733680.3, "trend": 10.6259, "fair_value": 9.393092, "relative_strength": 9.194074, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.382227, "energy": 10.430843, "activity_lines": [ 11.740712, 11.747229, 12.105691, 11.617487 ] }, { "date": "2025-03-28", "close": 10.684436, "volume": 33708558, "typical_volume": 104927409.85, "trend": 10.747246, "fair_value": 9.402815, "relative_strength": 4.319258, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.043172, "energy": 11.158155, "activity_lines": [ 11.355296, 11.541845, 11.966117, 11.621264 ] }, { "date": "2025-04-04", "close": 10.506855, "volume": 24869309, "typical_volume": 104187205.35, "trend": 10.864976, "fair_value": 9.410504, "relative_strength": 4.908741, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.945266, "energy": 26.936825, "activity_lines": [ 10.977773, 11.341663, 11.800187, 11.605755 ] }, { "date": "2025-04-11", "close": 10.487123, "volume": 63869217, "typical_volume": 103929990.65, "trend": 10.98698, "fair_value": 9.417828, "relative_strength": 10.12556, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.166926, "energy": 42.105786, "activity_lines": [ 10.733763, 11.166594, 11.623264, 11.581377 ] }, { "date": "2025-04-18", "close": 12.016291, "volume": 183041679, "typical_volume": 108660908.9, "trend": 11.154038, "fair_value": 9.433939, "relative_strength": 25.945524, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.409747, "energy": 24.633345, "activity_lines": [ 11.078402, 11.281214, 11.588359, 11.647784 ] }, { "date": "2025-04-25", "close": 10.595645, "volume": 147661452, "typical_volume": 104564441.7, "trend": 11.249734, "fair_value": 9.440704, "relative_strength": 9.118084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.608176, "energy": 28.017667, "activity_lines": [ 10.94686, 11.123006, 11.435536, 11.611759 ] }, { "date": "2025-05-02", "close": 10.447661, "volume": 31278980, "typical_volume": 92422527.6, "trend": 11.320108, "fair_value": 9.44658, "relative_strength": 7.436017, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.75505, "energy": 24.191146, "activity_lines": [ 10.810057, 10.959058, 11.298639, 11.560012 ] }, { "date": "2025-05-09", "close": 10.911345, "volume": 51687080, "typical_volume": 87732547.8, "trend": 11.426328, "fair_value": 9.454891, "relative_strength": 9.282142, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.094486, "energy": 16.904646, "activity_lines": [ 10.843601, 10.902017, 11.22958, 11.53364 ] }, { "date": "2025-05-16", "close": 10.812688, "volume": 41219484, "typical_volume": 83233884.4, "trend": 11.526628, "fair_value": 9.459285, "relative_strength": 7.372687, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.513228, "energy": 38.815527, "activity_lines": [ 10.817292, 10.857891, 11.162588, 11.494051 ] }, { "date": "2025-05-23", "close": 10.566049, "volume": 61373760, "typical_volume": 81293083.85, "trend": 11.609828, "fair_value": 9.479358, "relative_strength": 5.080596, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.838259, "energy": 37.806815, "activity_lines": [ 10.687067, 10.784527, 11.085026, 11.432078 ] }, { "date": "2025-05-30", "close": 10.773226, "volume": 46964802, "typical_volume": 78008304.95, "trend": 11.693357, "fair_value": 9.503147, "relative_strength": 7.670574, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.96096, "energy": 28.508758, "activity_lines": [ 10.722583, 10.774482, 11.031939, 11.378103 ] }, { "date": "2025-06-06", "close": 10.931075, "volume": 37881021, "typical_volume": 72320466.6, "trend": 11.767677, "fair_value": 9.526336, "relative_strength": 7.219252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.460587, "energy": 26.296449, "activity_lines": [ 10.798876, 10.801926, 10.997081, 11.328924 ] }, { "date": "2025-06-13", "close": 10.72, "volume": 38556401, "typical_volume": 67647110.85, "trend": 11.83858, "fair_value": 9.547336, "relative_strength": 5.313634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.289319, "energy": 26.193074, "activity_lines": [ 10.772584, 10.786508, 10.950764, 11.261332 ] }, { "date": "2025-06-20", "close": 10.5, "volume": 27508300, "typical_volume": 67954226.75, "trend": 11.864331, "fair_value": 9.567284, "relative_strength": 3.898237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.183789, "energy": 27.818777, "activity_lines": [ 10.685715, 10.727216, 10.889997, 11.174972 ] }, { "date": "2025-06-27", "close": 11.69, "volume": 131232131, "typical_volume": 72269232.4, "trend": 11.731779, "fair_value": 9.593367, "relative_strength": 10.871942, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.37873, "energy": 9.938506, "activity_lines": [ 11.016358, 10.884052, 10.945555, 11.163725 ] }, { "date": "2025-07-04", "close": 11.78, "volume": 103351370, "typical_volume": 72335778.95, "trend": 11.56112, "fair_value": 9.620947, "relative_strength": 9.77061, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.606927, "energy": 8.157941, "activity_lines": [ 11.302072, 11.063185, 11.007433, 11.166836 ] }, { "date": "2025-07-11", "close": 11.61, "volume": 88408662, "typical_volume": 72879668.05, "trend": 11.434123, "fair_value": 9.646829, "relative_strength": 5.796239, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.841404, "energy": 16.512523, "activity_lines": [ 11.464, 11.189875, 11.053025, 11.169989 ] }, { "date": "2025-07-18", "close": 11.09, "volume": 49464810, "typical_volume": 69435981.3, "trend": 11.359838, "fair_value": 9.668526, "relative_strength": -1.339638, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.087746, "energy": 18.962903, "activity_lines": [ 11.407333, 11.200887, 11.049477, 11.147788 ] }, { "date": "2025-07-25", "close": 11.23, "volume": 30872260, "typical_volume": 65672482.15, "trend": 11.283314, "fair_value": 9.690026, "relative_strength": -2.686488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.429354, "energy": 22.334545, "activity_lines": [ 11.372667, 11.234104, 11.066491, 11.139411 ] }, { "date": "2025-08-01", "close": 11.03, "volume": 28800382, "typical_volume": 63926908.3, "trend": 11.265565, "fair_value": 9.711339, "relative_strength": -3.127467, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.874207, "energy": 10.633493, "activity_lines": [ 11.222667, 11.22337, 11.066559, 11.123068 ] }, { "date": "2025-08-08", "close": 11.31, "volume": 25172677, "typical_volume": 62346116.75, "trend": 11.261095, "fair_value": 9.735906, "relative_strength": -2.156158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.321338, "energy": 11.14283, "activity_lines": [ 11.21, 11.25511, 11.097802, 11.125935 ] }, { "date": "2025-08-15", "close": 14.56, "volume": 277807893, "typical_volume": 74551083.5, "trend": 11.32155, "fair_value": 9.779603, "relative_strength": 19.5867, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.036555, "energy": 68.705628, "activity_lines": [ 12.312, 11.868, 11.438314, 11.338768 ] }, { "date": "2025-08-22", "close": 13.29, "volume": 234708911, "typical_volume": 85043063.6, "trend": 11.361705, "fair_value": 9.815281, "relative_strength": 3.856509, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.264917, "energy": 66.486449, "activity_lines": [ 12.794, 12.184, 11.639419, 11.465764 ] }, { "date": "2025-08-29", "close": 12.96, "volume": 143266364, "typical_volume": 89012920.95, "trend": 11.422759, "fair_value": 9.848479, "relative_strength": -3.263984, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.3578, "energy": 68.014042, "activity_lines": [ 13.019333, 12.393273, 11.795842, 11.56888 ] }, { "date": "2025-09-05", "close": 12.88, "volume": 101727689, "typical_volume": 84947221.45, "trend": 11.478186, "fair_value": 9.880252, "relative_strength": -3.345737, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.546905, "energy": 68.295936, "activity_lines": [ 13.102667, 12.543273, 11.932871, 11.662896 ] }, { "date": "2025-09-12", "close": 12.97, "volume": 89013090, "typical_volume": 82014803.35, "trend": 11.518527, "fair_value": 9.91327, "relative_strength": -5.437431, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.56493, "energy": 42.071559, "activity_lines": [ 13.092667, 12.688, 12.074358, 11.759142 ] }, { "date": "2025-09-19", "close": 12.57, "volume": 67061614, "typical_volume": 83803935.05, "trend": 11.547836, "fair_value": 9.944089, "relative_strength": -9.53709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.165719, "energy": 32.102194, "activity_lines": [ 12.838667, 12.738364, 12.166444, 11.826979 ] }, { "date": "2025-09-26", "close": 12.13, "volume": 38357980, "typical_volume": 83137480.05, "trend": 11.531895, "fair_value": 9.952988, "relative_strength": -13.782624, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.318904, "energy": 21.887004, "activity_lines": [ 12.570667, 12.691273, 12.206518, 11.864538 ] }, { "date": "2025-10-03", "close": 11.93, "volume": 13850320, "typical_volume": 81769021.85, "trend": 11.540529, "fair_value": 9.976481, "relative_strength": -17.329345, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.668016, "energy": 17.248055, "activity_lines": [ 12.313333, 12.588909, 12.221742, 11.890222 ] }, { "date": "2025-10-10", "close": 12.03, "volume": 14163100, "typical_volume": 79408488.85, "trend": 11.542301, "fair_value": 10.003535, "relative_strength": -15.770301, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.142706, "energy": 18.59358, "activity_lines": [ 12.158, 12.492, 12.241168, 11.921801 ] }, { "date": "2025-10-17", "close": 12.86, "volume": 63968144, "typical_volume": 80258655.95, "trend": 11.595746, "fair_value": 10.037916, "relative_strength": -5.670725, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.933489, "energy": 18.557978, "activity_lines": [ 12.336, 12.527818, 12.332672, 12.006814 ] }, { "date": "2025-10-24", "close": 12.69, "volume": 78179473, "typical_volume": 82273578.55, "trend": 11.662599, "fair_value": 10.072425, "relative_strength": -11.431134, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.459838, "energy": 16.139046, "activity_lines": [ 12.464667, 12.504545, 12.398048, 12.077411 ] }, { "date": "2025-10-31", "close": 12.8, "volume": 60134243, "typical_volume": 83352470.65, "trend": 11.739037, "fair_value": 10.1063, "relative_strength": -11.519996, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.478361, "energy": 24.028977, "activity_lines": [ 12.622, 12.535273, 12.465524, 12.150791 ] }, { "date": "2025-11-07", "close": 13.65, "volume": 89139283, "typical_volume": 86434019.8, "trend": 11.844466, "fair_value": 10.145624, "relative_strength": -6.224528, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.11346, "energy": 37.787024, "activity_lines": [ 13.018, 12.729455, 12.604048, 12.274079 ] }, { "date": "2025-11-14", "close": 14.0, "volume": 148643194, "typical_volume": 87304572.95, "trend": 11.91059, "fair_value": 10.19005, "relative_strength": -2.898554, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.207736, "energy": 57.075024, "activity_lines": [ 13.416, 12.974727, 12.760905, 12.413146 ] }, { "date": "2025-11-21", "close": 12.68, "volume": 55721399, "typical_volume": 84923074.4, "trend": 11.980068, "fair_value": 10.222183, "relative_strength": -7.428055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.288179, "energy": 53.70426, "activity_lines": [ 13.242667, 12.959636, 12.781048, 12.462785 ] }, { "date": "2025-11-28", "close": 13.26, "volume": 51385120, "typical_volume": 83071897.3, "trend": 12.073813, "fair_value": 10.257061, "relative_strength": -5.76411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.089646, "energy": 52.245781, "activity_lines": [ 13.274667, 13.055273, 12.852143, 12.545362 ] }, { "date": "2025-12-05", "close": 13.04, "volume": 65902899, "typical_volume": 83893801.75, "trend": 12.144768, "fair_value": 10.290041, "relative_strength": -7.538567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.701903, "energy": 34.554595, "activity_lines": [ 13.195333, 13.098364, 12.894429, 12.607696 ] }, { "date": "2025-12-12", "close": 11.8, "volume": 62402862, "typical_volume": 85470331.85, "trend": 12.177678, "fair_value": 10.316351, "relative_strength": -16.203912, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.898205, "energy": 10.905908, "activity_lines": [ 12.686667, 12.899455, 12.809333, 12.585453 ] }, { "date": "2025-12-19", "close": 13.26, "volume": 105467612, "typical_volume": 89303693.35, "trend": 12.267477, "fair_value": 10.344719, "relative_strength": -4.571583, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.063906, "energy": 16.332552, "activity_lines": [ 12.788, 12.968364, 12.860571, 12.65528 ] }, { "date": "2025-12-26", "close": 12.4, "volume": 63532320, "typical_volume": 91221675.5, "trend": 12.321702, "fair_value": 10.363865, "relative_strength": -13.238615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.109541, "energy": 12.891013, "activity_lines": [ 12.652, 12.858545, 12.819286, 12.66383 ] }, { "date": "2026-01-02", "close": 12.05, "volume": 28012962, "typical_volume": 78731928.95, "trend": 12.359, "fair_value": 10.383626, "relative_strength": -14.76317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.419571, "energy": 11.374499, "activity_lines": [ 12.418, 12.693455, 12.739476, 12.646301 ] }, { "date": "2026-01-09", "close": 12.32, "volume": 47518562, "typical_volume": 69372411.5, "trend": 12.412333, "fair_value": 10.403353, "relative_strength": -16.069661, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.07844, "energy": 11.096453, "activity_lines": [ 12.354667, 12.589091, 12.697333, 12.643785 ] }, { "date": "2026-01-16", "close": 12.2, "volume": 47802313, "typical_volume": 64599208.95, "trend": 12.469, "fair_value": 10.398224, "relative_strength": -17.210954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.917405, "energy": 18.99043, "activity_lines": [ 12.299333, 12.471636, 12.648381, 12.630086 ] }, { "date": "2026-01-23", "close": 12.63, "volume": 38527982, "typical_volume": 61439223.6, "trend": 12.500333, "fair_value": 10.395181, "relative_strength": -14.758459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.143365, "energy": 16.840056, "activity_lines": [ 12.360667, 12.458727, 12.644, 12.640473 ] }, { "date": "2026-01-30", "close": 12.09, "volume": 41771855, "typical_volume": 59077161.85, "trend": 12.510667, "fair_value": 10.391658, "relative_strength": -16.678153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.966828, "energy": 18.286811, "activity_lines": [ 12.284, 12.372545, 12.589381, 12.614 ] }, { "date": "2026-02-06", "close": 12.28, "volume": 35049563, "typical_volume": 57476559.3, "trend": 12.533, "fair_value": 10.408696, "relative_strength": -13.258089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.398181, "energy": 14.533093, "activity_lines": [ 12.291333, 12.331636, 12.557048, 12.599118 ] }, { "date": "2026-02-13", "close": 12.12, "volume": 39117263, "typical_volume": 57514523.45, "trend": 12.567333, "fair_value": 10.422701, "relative_strength": -15.187309, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.920062, "energy": 18.330359, "activity_lines": [ 12.23, 12.279455, 12.510857, 12.572473 ] }, { "date": "2026-02-27", "close": 12.21, "volume": 20109480, "typical_volume": 57827481.45, "trend": 12.6, "fair_value": 10.435763, "relative_strength": -16.534838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.123889, "energy": 32.684854, "activity_lines": [ 12.212, 12.260364, 12.473286, 12.549419 ] }, { "date": "2026-03-06", "close": 11.74, "volume": 30752210, "typical_volume": 58656936.95, "trend": 12.623667, "fair_value": 10.445689, "relative_strength": -17.35507, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.010668, "energy": 41.782139, "activity_lines": [ 12.036667, 12.148364, 12.389619, 12.493935 ] }, { "date": "2026-03-13", "close": 11.6, "volume": 20339300, "typical_volume": 56475494.75, "trend": 12.633333, "fair_value": 10.453685, "relative_strength": -18.546437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.663485, "energy": 51.904373, "activity_lines": [ 11.874, 12.038545, 12.294, 12.427892 ] }, { "date": "2026-03-20", "close": 10.7, "volume": 26184664, "typical_volume": 53875754.3, "trend": 12.504667, "fair_value": 10.454268, "relative_strength": -22.140304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.468688, "energy": 72.203891, "activity_lines": [ 11.444, 11.779636, 12.118667, 12.303161 ] }, { "date": "2026-03-27", "close": 11.03, "volume": 32811210, "typical_volume": 52509602.65, "trend": 12.429333, "fair_value": 10.462685, "relative_strength": -18.724849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.954255, "energy": 74.41746, "activity_lines": [ 11.229333, 11.605273, 11.984238, 12.208022 ] }, { "date": "2026-04-03", "close": 10.16, "volume": 25686460, "typical_volume": 49336961.5, "trend": 12.336, "fair_value": 10.468323, "relative_strength": -22.478535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.383789, "energy": 84.950831, "activity_lines": [ 10.797333, 11.296182, 11.775381, 12.061613 ] }, { "date": "2026-04-10", "close": 10.37, "volume": 36870569, "typical_volume": 43748330.25, "trend": 12.252333, "fair_value": 10.476038, "relative_strength": -25.745201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.260585, "energy": 81.960012, "activity_lines": [ 10.572, 11.062364, 11.603143, 11.934774 ] }, { "date": "2026-04-17", "close": 10.4, "volume": 23603440, "typical_volume": 42142432.3, "trend": 12.166667, "fair_value": 10.484309, "relative_strength": -27.889318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.246095, "energy": 77.347565, "activity_lines": [ 10.448, 10.875091, 11.451048, 11.815269 ] }, { "date": "2026-04-24", "close": 10.39, "volume": 19923140, "typical_volume": 40569333.3, "trend": 12.094, "fair_value": 10.494463, "relative_strength": -27.455801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.832935, "energy": 71.096152, "activity_lines": [ 10.400667, 10.716727, 11.308857, 11.700645 ] }, { "date": "2026-05-01", "close": 11.49, "volume": 29550298, "typical_volume": 38751703.25, "trend": 12.072667, "fair_value": 10.513006, "relative_strength": -20.170563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.473363, "energy": 42.296707, "activity_lines": [ 10.740667, 10.792727, 11.285095, 11.661677 ] }, { "date": "2026-05-08", "close": 11.63, "volume": 27380320, "typical_volume": 37000576.15, "trend": 12.062667, "fair_value": 10.53336, "relative_strength": -21.075758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.238396, "energy": 25.152196, "activity_lines": [ 11.096667, 10.905636, 11.282048, 11.633118 ] }, { "date": "2026-05-15", "close": 11.23, "volume": 25274571, "typical_volume": 32990924.1, "trend": 12.036, "fair_value": 10.545005, "relative_strength": -23.223496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.779537, "energy": 23.063339, "activity_lines": [ 11.221333, 10.956364, 11.241714, 11.579398 ] }, { "date": "2026-05-22", "close": 10.77, "volume": 24040840, "typical_volume": 31016350.1, "trend": 11.966333, "fair_value": 10.553398, "relative_strength": -25.975086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.109848, "energy": 25.029794, "activity_lines": [ 11.135333, 10.932727, 11.167238, 11.49772 ] }, { "date": "2026-05-29", "close": 10.19, "volume": 27925879, "typical_volume": 31011995.95, "trend": 11.883, "fair_value": 10.558133, "relative_strength": -29.295507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.723915, "energy": 28.692295, "activity_lines": [ 10.831333, 10.818727, 11.045286, 11.383118 ] }, { "date": "2026-06-05", "close": 9.507349, "volume": 6559494, "typical_volume": 28964042.55, "trend": 11.773245, "fair_value": 10.551315, "relative_strength": -32.273929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.243281, "energy": 57.448331, "activity_lines": [ 10.313116, 10.589882, 10.867176, 11.22985 ] }, { "date": "2026-06-12", "close": 9.291272, "volume": 4460300, "typical_volume": 26796941.9, "trend": 11.627954, "fair_value": 10.544572, "relative_strength": -31.610134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.923111, "energy": 76.873408, "activity_lines": [ 9.85505, 10.349434, 10.681881, 11.069723 ] }, { "date": "2026-06-19", "close": 8.701974, "volume": 21772579, "typical_volume": 25959171.75, "trend": 11.451353, "fair_value": 10.530644, "relative_strength": -39.551251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.815144, "energy": 87.051489, "activity_lines": [ 9.356467, 10.017636, 10.454314, 10.88095 ] }, { "date": "2026-06-26", "close": 8.250178, "volume": 5897499, "typical_volume": 24165453.95, "trend": 11.303692, "fair_value": 10.51542, "relative_strength": -41.123251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.301098, "energy": 92.937601, "activity_lines": [ 8.87582, 9.634021, 10.202423, 10.674423 ] }, { "date": "2026-07-03", "close": 8.751081, "volume": 5421240, "typical_volume": 22684037.8, "trend": 11.153395, "fair_value": 10.502914, "relative_strength": -36.025719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.476368, "energy": 86.926637, "activity_lines": [ 8.730129, 9.380567, 10.016523, 10.509738 ] }, { "date": "2026-07-10", "close": 8.65, "volume": 24086858, "typical_volume": 21932517.55, "trend": 11.007062, "fair_value": 10.492965, "relative_strength": -33.655247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.991443, "energy": 85.254849, "activity_lines": [ 8.646672, 9.138534, 9.837799, 10.348229 ] }, { "date": "2026-07-17", "close": 8.59, "volume": 33726586, "typical_volume": 22613372.85, "trend": 10.900062, "fair_value": 10.478132, "relative_strength": -26.93157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.328952, "energy": 70.842407, "activity_lines": [ 8.600372, 8.937227, 9.669886, 10.192289 ] }, { "date": "2026-07-24", "close": 7.85, "volume": 39137022, "typical_volume": 23032613.45, "trend": 10.719728, "fair_value": 10.459048, "relative_strength": -32.883277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.693094, "energy": 64.155561, "activity_lines": [ 8.354156, 8.656648, 9.448734, 9.995511 ] }, { "date": "2026-07-31", "close": 8.84, "volume": 40339741, "typical_volume": 24032635.5, "trend": 10.601062, "fair_value": 10.448529, "relative_strength": -22.708702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.342351, "energy": 53.650232, "activity_lines": [ 8.494739, 8.617523, 9.340392, 9.874238 ] }, { "date": "2026-08-07", "close": 9.11, "volume": 33489790, "typical_volume": 24397891.8, "trend": 10.503062, "fair_value": 10.430804, "relative_strength": -23.784055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.045314, "energy": 41.640233, "activity_lines": [ 8.686, 8.662581, 9.270907, 9.778041 ] } ], "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." } } }