{ "ticker": { "uuid": "5964e11c-057a-4647-b47b-0bfa51f64af7", "symbol": "600191", "name": "Baotou Huazi Industry Co., Ltd", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 92.252, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -49.51, "architecture_energy": 39.458, "architecture_maturity": 57.759, "architecture_confidence": 50.03, "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": 20.79, "rotation_up": 24.18, "upward_expansion": 16.59, "deceleration": 66.61, "rotation_down": 47.96, "downward_expansion": 68.92 }, "activity_lines": [ 9.632, 9.613211, 10.308797, 10.869939 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 10.7, "trend_reference": 11.574647, "distance_from_trend": -0.075566, "trend_direction": "Weakening", "fair_value": 7.722817, "distance_from_fair_value": 0.385505, "fair_value_direction": "Weakening", "relative_strength": 0.676104, "relative_strength_direction": "Weakening", "price_momentum": -0.227994, "excess_performance": -0.18479, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.075566, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041921, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.385505, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.313499, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006761, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.137231, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.227994, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.19082, "read": "Demand-led" } ], "volume": { "latest": 64833401, "relative_activity": 1.895754, "balance": 1.19082, "dry_up": 1.604321, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.105248, "annualized_volatility": 0.524601, "from_high_reference": -0.248596, "from_low_reference": 0.442049 }, "levels": { "trend_reference": 11.574647, "fair_value_reference": 7.722817, "structural_low": 8.06, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.055749, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.040108, "regime_survival": 0.6, "best_return": 0.2675, "worst_return": -0.260345, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.173333, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.166849, "regime_survival": 0.2, "best_return": 0.45279, "worst_return": 0.002151, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.242083, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.243355, "regime_survival": 0.0, "best_return": 0.669439, "worst_return": 0.127273, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 1.1075, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.939727, "regime_survival": 0.0, "best_return": 1.190816, "worst_return": -0.152727, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": 0.066667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.07332, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": 0.002079, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": 0.032787, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-03-07", "tenure": "Established", "return": 0.25124, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-06-06", "tenure": "Established", "return": 0.026027, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.206704, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-19", "tenure": "Developing", "return": 0.014851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.222642, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-02-27", "tenure": "Established", "return": 0.339394, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-05-15", "tenure": "Developing", "return": -0.17842, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.089514, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": 0.011386, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.077586, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.2, "volume": 46226006, "typical_volume": 23587700.6, "trend": 5.739333, "fair_value": 4.889713, "relative_strength": 2.617347, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.384863, "energy": 60.410425, "activity_lines": [ 6.034667, 5.938909, 5.866524, 5.820903 ] }, { "date": "2023-08-04", "close": 6.72, "volume": 67158426, "typical_volume": 26371675.05, "trend": 5.789667, "fair_value": 4.89037, "relative_strength": 10.315797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.747801, "energy": 79.915189, "activity_lines": [ 6.286, 6.092364, 5.955095, 5.884172 ] }, { "date": "2023-08-11", "close": 7.49, "volume": 187564527, "typical_volume": 35186886.55, "trend": 5.864, "fair_value": 4.899354, "relative_strength": 26.00653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.595202, "energy": 90.897297, "activity_lines": [ 6.727333, 6.367455, 6.11119, 5.993871 ] }, { "date": "2023-08-18", "close": 6.1, "volume": 157031985, "typical_volume": 39428387.3, "trend": 5.894667, "fair_value": 4.898341, "relative_strength": 4.287845, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.930611, "energy": 70.172226, "activity_lines": [ 6.599333, 6.357091, 6.125, 6.009097 ] }, { "date": "2023-08-25", "close": 6.28, "volume": 68309924, "typical_volume": 40854099.4, "trend": 5.920667, "fair_value": 4.897521, "relative_strength": 9.428664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.349495, "energy": 58.710439, "activity_lines": [ 6.527333, 6.376545, 6.154238, 6.033957 ] }, { "date": "2023-09-01", "close": 6.45, "volume": 78756358, "typical_volume": 43312233.1, "trend": 5.94, "fair_value": 4.898239, "relative_strength": 9.858511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.50261, "energy": 39.43393, "activity_lines": [ 6.491333, 6.419818, 6.197333, 6.068108 ] }, { "date": "2023-09-08", "close": 6.21, "volume": 32490437, "typical_volume": 44242483.55, "trend": 5.944667, "fair_value": 4.896395, "relative_strength": 6.477562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.056414, "energy": 20.088924, "activity_lines": [ 6.358667, 6.405818, 6.213333, 6.085527 ] }, { "date": "2023-09-15", "close": 6.04, "volume": 29367199, "typical_volume": 44628921.9, "trend": 5.950667, "fair_value": 4.894549, "relative_strength": 3.893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.251215, "energy": 17.252347, "activity_lines": [ 6.203333, 6.352, 6.209524, 6.091677 ] }, { "date": "2023-09-22", "close": 6.15, "volume": 24396200, "typical_volume": 45064046.25, "trend": 5.960333, "fair_value": 4.889953, "relative_strength": 5.541025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.786863, "energy": 16.889833, "activity_lines": [ 6.181333, 6.315636, 6.215238, 6.104538 ] }, { "date": "2023-09-29", "close": 6.02, "volume": 15879840, "typical_volume": 44383785.4, "trend": 5.964667, "fair_value": 4.889578, "relative_strength": 4.391139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.691343, "energy": 15.741988, "activity_lines": [ 6.112667, 6.253636, 6.207714, 6.108387 ] }, { "date": "2023-10-13", "close": 5.96, "volume": 23085081, "typical_volume": 44843953.5, "trend": 5.974, "fair_value": 4.887603, "relative_strength": 4.464236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.926987, "energy": 12.204939, "activity_lines": [ 6.041333, 6.179818, 6.193952, 6.108086 ] }, { "date": "2023-10-20", "close": 6.37, "volume": 52121040, "typical_volume": 45568852.35, "trend": 6.003, "fair_value": 4.891328, "relative_strength": 15.4595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.320801, "energy": 11.011646, "activity_lines": [ 6.139333, 6.184909, 6.21881, 6.133634 ] }, { "date": "2023-10-27", "close": 6.28, "volume": 59528624, "typical_volume": 47963892.55, "trend": 6.032, "fair_value": 4.896458, "relative_strength": 12.441265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.269739, "energy": 11.581276, "activity_lines": [ 6.196667, 6.18, 6.231952, 6.151505 ] }, { "date": "2023-11-03", "close": 6.46, "volume": 28899182, "typical_volume": 48615093.65, "trend": 6.056, "fair_value": 4.901463, "relative_strength": 15.050479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.564681, "energy": 19.223961, "activity_lines": [ 6.298, 6.229818, 6.259429, 6.179118 ] }, { "date": "2023-11-10", "close": 6.3, "volume": 30421901, "typical_volume": 49399000.75, "trend": 6.073, "fair_value": 4.906275, "relative_strength": 11.905224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.608012, "energy": 21.17183, "activity_lines": [ 6.325333, 6.244, 6.26919, 6.19486 ] }, { "date": "2023-11-17", "close": 6.34, "volume": 24961181, "typical_volume": 50251425.8, "trend": 6.099, "fair_value": 4.913197, "relative_strength": 11.86108, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 35.739375, "energy": 29.378981, "activity_lines": [ 6.347333, 6.265091, 6.28081, 6.212086 ] }, { "date": "2023-11-24", "close": 6.53, "volume": 34078460, "typical_volume": 51094549.15, "trend": 6.135, "fair_value": 4.923898, "relative_strength": 15.43833, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.607185, "energy": 48.565445, "activity_lines": [ 6.407333, 6.322727, 6.307476, 6.239892 ] }, { "date": "2023-12-01", "close": 6.72, "volume": 41251080, "typical_volume": 52118284.0, "trend": 6.164333, "fair_value": 4.934856, "relative_strength": 18.740744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.703323, "energy": 57.890766, "activity_lines": [ 6.52, 6.409091, 6.348381, 6.277634 ] }, { "date": "2023-12-08", "close": 6.76, "volume": 51806310, "typical_volume": 53730618.4, "trend": 6.190667, "fair_value": 4.945431, "relative_strength": 21.383819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.031947, "energy": 65.022552, "activity_lines": [ 6.616667, 6.490364, 6.38919, 6.316065 ] }, { "date": "2023-12-15", "close": 6.7, "volume": 31064000, "typical_volume": 54219888.05, "trend": 6.217, "fair_value": 4.95415, "relative_strength": 20.893412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.559488, "energy": 65.407407, "activity_lines": [ 6.673333, 6.549636, 6.420857, 6.348925 ] }, { "date": "2023-12-22", "close": 6.31, "volume": 25805510, "typical_volume": 53198863.25, "trend": 6.231667, "fair_value": 4.961584, "relative_strength": 14.506786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.560745, "energy": 42.518373, "activity_lines": [ 6.573333, 6.525636, 6.411905, 6.354925 ] }, { "date": "2023-12-29", "close": 6.19, "volume": 21512502, "typical_volume": 50916567.05, "trend": 6.247667, "fair_value": 4.957629, "relative_strength": 9.750508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.910077, "energy": 13.698395, "activity_lines": [ 6.435333, 6.473455, 6.391, 6.352237 ] }, { "date": "2024-01-05", "close": 6.11, "volume": 13328300, "typical_volume": 42204755.7, "trend": 6.261667, "fair_value": 4.958279, "relative_strength": 9.625103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.294611, "energy": 15.309319, "activity_lines": [ 6.293333, 6.41, 6.365, 6.343355 ] }, { "date": "2024-01-12", "close": 6.03, "volume": 14152700, "typical_volume": 35060791.45, "trend": 6.264667, "fair_value": 4.95816, "relative_strength": 9.512577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -23.987035, "energy": 28.707895, "activity_lines": [ 6.165333, 6.335091, 6.337952, 6.328409 ] }, { "date": "2024-01-19", "close": 6.11, "volume": 77188064, "typical_volume": 35504698.45, "trend": 6.272, "fair_value": 4.962137, "relative_strength": 12.356774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -19.377482, "energy": 28.29584, "activity_lines": [ 6.112667, 6.282545, 6.318857, 6.31843 ] }, { "date": "2024-01-26", "close": 6.08, "volume": 99336183, "typical_volume": 36533689.7, "trend": 6.284667, "fair_value": 4.956196, "relative_strength": 8.302922, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.889912, "energy": 36.072043, "activity_lines": [ 6.089333, 6.228, 6.297714, 6.306043 ] }, { "date": "2024-02-02", "close": 4.66, "volume": 49019951, "typical_volume": 37360165.4, "trend": 6.249333, "fair_value": 4.947744, "relative_strength": -11.536183, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.481601, "energy": 80.300738, "activity_lines": [ 5.608, 5.92, 6.143095, 6.201226 ] }, { "date": "2024-02-09", "close": 4.0, "volume": 46925965, "typical_volume": 38238103.7, "trend": 6.186, "fair_value": 4.936723, "relative_strength": -27.370496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.957013, "energy": 92.392026, "activity_lines": [ 5.008667, 5.526, 5.933, 6.056108 ] }, { "date": "2024-02-23", "close": 4.75, "volume": 40726754, "typical_volume": 39054631.4, "trend": 6.143, "fair_value": 4.931791, "relative_strength": -17.509663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.481701, "energy": 85.282607, "activity_lines": [ 4.8, 5.317818, 5.804048, 5.963462 ] }, { "date": "2024-03-01", "close": 5.52, "volume": 109131232, "typical_volume": 43717201.0, "trend": 6.128, "fair_value": 4.936336, "relative_strength": -4.84436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.454316, "energy": 76.623528, "activity_lines": [ 4.933333, 5.286182, 5.755095, 5.923269 ] }, { "date": "2024-03-08", "close": 4.97, "volume": 85812467, "typical_volume": 46853570.3, "trend": 6.087, "fair_value": 4.949513, "relative_strength": -14.721223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.330469, "energy": 56.142586, "activity_lines": [ 4.922667, 5.176, 5.656143, 5.848559 ] }, { "date": "2024-03-15", "close": 5.07, "volume": 35598808, "typical_volume": 46027458.7, "trend": 6.032, "fair_value": 4.964418, "relative_strength": -13.15487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.592599, "energy": 40.285512, "activity_lines": [ 5.019333, 5.108364, 5.571429, 5.782946 ] }, { "date": "2024-03-22", "close": 5.06, "volume": 37299636, "typical_volume": 44916009.3, "trend": 5.951, "fair_value": 4.976252, "relative_strength": -13.052352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.141013, "energy": 29.366867, "activity_lines": [ 5.085333, 5.059273, 5.491952, 5.720237 ] }, { "date": "2024-03-29", "close": 5.25, "volume": 46368215, "typical_volume": 45789460.95, "trend": 5.922667, "fair_value": 4.986936, "relative_strength": -9.615036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.689436, "energy": 27.851531, "activity_lines": [ 5.144, 5.063818, 5.436381, 5.675011 ] }, { "date": "2024-04-05", "close": 5.41, "volume": 42091897, "typical_volume": 46372960.75, "trend": 5.893667, "fair_value": 4.993912, "relative_strength": -7.812407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.031246, "energy": 21.488108, "activity_lines": [ 5.222667, 5.111636, 5.40181, 5.641935 ] }, { "date": "2024-04-12", "close": 5.33, "volume": 82793071, "typical_volume": 49264555.25, "trend": 5.856333, "fair_value": 5.002422, "relative_strength": -7.687585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.389777, "energy": 17.745691, "activity_lines": [ 5.282, 5.157636, 5.363857, 5.60557 ] }, { "date": "2024-04-19", "close": 4.8, "volume": 53465101, "typical_volume": 50233887.3, "trend": 5.809333, "fair_value": 5.007919, "relative_strength": -17.965078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.837772, "energy": 22.878264, "activity_lines": [ 5.140667, 5.120909, 5.280238, 5.537419 ] }, { "date": "2024-04-26", "close": 5.09, "volume": 32611400, "typical_volume": 49801903.3, "trend": 5.777667, "fair_value": 5.01649, "relative_strength": -13.651832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.03481, "energy": 23.479016, "activity_lines": [ 5.114, 5.134364, 5.232476, 5.491011 ] }, { "date": "2024-05-03", "close": 5.31, "volume": 41723920, "typical_volume": 49297783.8, "trend": 5.749667, "fair_value": 5.027432, "relative_strength": -10.442945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.512678, "energy": 22.857081, "activity_lines": [ 5.158667, 5.168, 5.213429, 5.460839 ] }, { "date": "2024-05-10", "close": 5.46, "volume": 38501519, "typical_volume": 49669659.75, "trend": 5.731, "fair_value": 5.03927, "relative_strength": -9.340398, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.8081, "energy": 14.255365, "activity_lines": [ 5.249333, 5.218727, 5.215571, 5.442151 ] }, { "date": "2024-05-17", "close": 5.26, "volume": 26992417, "typical_volume": 49729005.1, "trend": 5.707667, "fair_value": 5.052002, "relative_strength": -12.538764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.770913, "energy": 10.845701, "activity_lines": [ 5.27, 5.234182, 5.204571, 5.411763 ] }, { "date": "2024-05-24", "close": 5.05, "volume": 31063390, "typical_volume": 50206549.5, "trend": 5.663667, "fair_value": 5.06454, "relative_strength": -14.111121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.765412, "energy": 12.726068, "activity_lines": [ 5.225333, 5.206182, 5.178571, 5.369333 ] }, { "date": "2024-05-31", "close": 4.96, "volume": 21162098, "typical_volume": 50598239.4, "trend": 5.619667, "fair_value": 5.07842, "relative_strength": -15.431037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.301699, "energy": 22.308677, "activity_lines": [ 5.134, 5.162182, 5.149429, 5.323935 ] }, { "date": "2024-06-07", "close": 4.65, "volume": 17949850, "typical_volume": 50788096.9, "trend": 5.559333, "fair_value": 5.092041, "relative_strength": -19.586991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.664487, "energy": 52.180911, "activity_lines": [ 4.948, 5.063636, 5.096238, 5.261376 ] }, { "date": "2024-06-14", "close": 4.65, "volume": 14006900, "typical_volume": 47629038.7, "trend": 5.504333, "fair_value": 5.104254, "relative_strength": -18.904748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.090765, "energy": 60.449765, "activity_lines": [ 4.806, 4.976, 5.049619, 5.20271 ] }, { "date": "2024-06-21", "close": 4.8, "volume": 13514129, "typical_volume": 43337936.0, "trend": 5.453, "fair_value": 5.11826, "relative_strength": -15.120846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.540319, "energy": 57.418601, "activity_lines": [ 4.768, 4.929455, 5.024238, 5.157269 ] }, { "date": "2024-06-28", "close": 4.82, "volume": 13600788, "typical_volume": 41566977.85, "trend": 5.396, "fair_value": 5.131818, "relative_strength": -13.730396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.4711, "energy": 54.78913, "activity_lines": [ 4.767333, 4.896182, 5.006857, 5.11643 ] }, { "date": "2024-07-05", "close": 4.86, "volume": 13825903, "typical_volume": 39911974.75, "trend": 5.334, "fair_value": 5.14397, "relative_strength": -12.378574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.32562, "energy": 34.112462, "activity_lines": [ 4.795333, 4.869818, 4.992524, 5.081849 ] }, { "date": "2024-07-12", "close": 4.93, "volume": 16086814, "typical_volume": 38679977.75, "trend": 5.273, "fair_value": 5.156186, "relative_strength": -11.640655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.446184, "energy": 25.813409, "activity_lines": [ 4.853333, 4.860364, 4.980762, 5.055785 ] }, { "date": "2024-07-19", "close": 4.85, "volume": 7227900, "typical_volume": 33584811.15, "trend": 5.211333, "fair_value": 5.168593, "relative_strength": -13.200435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.500196, "energy": 20.926342, "activity_lines": [ 4.866, 4.843273, 4.960524, 5.028495 ] }, { "date": "2024-07-26", "close": 4.79, "volume": 8543800, "typical_volume": 29721377.8, "trend": 5.160667, "fair_value": 5.178185, "relative_strength": -11.373782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.589921, "energy": 22.486042, "activity_lines": [ 4.845333, 4.826364, 4.937762, 5.001312 ] }, { "date": "2024-08-02", "close": 4.92, "volume": 13215121, "typical_volume": 28602193.45, "trend": 5.118333, "fair_value": 5.188929, "relative_strength": -9.242468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.994914, "energy": 18.828698, "activity_lines": [ 4.868667, 4.841636, 4.928238, 4.985785 ] }, { "date": "2024-08-09", "close": 4.96, "volume": 9434200, "typical_volume": 27208921.65, "trend": 5.08, "fair_value": 5.199226, "relative_strength": -6.972353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.085515, "energy": 16.715714, "activity_lines": [ 4.898667, 4.866545, 4.923238, 4.97557 ] }, { "date": "2024-08-16", "close": 4.91, "volume": 8022450, "typical_volume": 25291633.4, "trend": 5.042667, "fair_value": 5.210675, "relative_strength": -8.140322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.377646, "energy": 14.153821, "activity_lines": [ 4.905333, 4.882364, 4.913952, 4.964602 ] }, { "date": "2024-08-23", "close": 4.55, "volume": 8049620, "typical_volume": 23589519.55, "trend": 4.990667, "fair_value": 5.220519, "relative_strength": -13.451572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.562473, "energy": 31.023099, "activity_lines": [ 4.793333, 4.828, 4.872, 4.932817 ] }, { "date": "2024-08-30", "close": 4.81, "volume": 8305004, "typical_volume": 19865116.2, "trend": 4.948333, "fair_value": 5.233949, "relative_strength": -7.869088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.414675, "energy": 26.276986, "activity_lines": [ 4.788, 4.822727, 4.858905, 4.921161 ] }, { "date": "2024-09-06", "close": 4.8, "volume": 11921400, "typical_volume": 17787931.15, "trend": 4.953, "fair_value": 5.246996, "relative_strength": -5.209052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.411325, "energy": 34.312733, "activity_lines": [ 4.778, 4.815455, 4.847333, 4.911591 ] }, { "date": "2024-09-13", "close": 4.66, "volume": 12271783, "typical_volume": 16770950.3, "trend": 4.975, "fair_value": 5.257673, "relative_strength": -5.540802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.716716, "energy": 49.217345, "activity_lines": [ 4.729333, 4.783091, 4.822429, 4.892688 ] }, { "date": "2024-09-20", "close": 4.82, "volume": 5953203, "typical_volume": 14982414.45, "trend": 4.977333, "fair_value": 5.270336, "relative_strength": -3.229845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.561779, "energy": 27.145421, "activity_lines": [ 4.754, 4.783455, 4.81481, 4.882688 ] }, { "date": "2024-09-27", "close": 5.49, "volume": 43833339, "typical_volume": 15249005.45, "trend": 4.976333, "fair_value": 5.286782, "relative_strength": -2.133949, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.391969, "energy": 23.853137, "activity_lines": [ 5.008, 4.907636, 4.873333, 4.915763 ] }, { "date": "2024-10-04", "close": 5.97, "volume": 19973576, "typical_volume": 14898063.4, "trend": 5.009667, "fair_value": 5.305409, "relative_strength": -1.336831, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.39778, "energy": 66.266378, "activity_lines": [ 5.359333, 5.107455, 4.977429, 4.979871 ] }, { "date": "2024-10-11", "close": 5.37, "volume": 53413876, "typical_volume": 16015587.7, "trend": 5.019667, "fair_value": 5.31923, "relative_strength": -7.716467, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.621837, "energy": 56.905032, "activity_lines": [ 5.433333, 5.176727, 5.021, 5.003118 ] }, { "date": "2024-10-18", "close": 5.36, "volume": 23308894, "typical_volume": 16122927.5, "trend": 5.029667, "fair_value": 5.332027, "relative_strength": -8.848193, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.115659, "energy": 59.28195, "activity_lines": [ 5.466, 5.236, 5.062095, 5.025075 ] }, { "date": "2024-10-25", "close": 5.67, "volume": 32531473, "typical_volume": 16852008.65, "trend": 5.043667, "fair_value": 5.345148, "relative_strength": -4.264912, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.122015, "energy": 71.575061, "activity_lines": [ 5.555333, 5.344364, 5.13081, 5.066387 ] }, { "date": "2024-11-01", "close": 6.05, "volume": 37634365, "typical_volume": 18033381.9, "trend": 5.065, "fair_value": 5.361729, "relative_strength": 3.27223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.346858, "energy": 61.757107, "activity_lines": [ 5.714667, 5.508, 5.230857, 5.131312 ] }, { "date": "2024-11-08", "close": 6.34, "volume": 45104776, "typical_volume": 19612914.25, "trend": 5.098667, "fair_value": 5.379081, "relative_strength": 2.896986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.957756, "energy": 77.237985, "activity_lines": [ 5.933333, 5.697091, 5.351857, 5.21357 ] }, { "date": "2024-11-15", "close": 6.02, "volume": 28114790, "typical_volume": 20338614.35, "trend": 5.139333, "fair_value": 5.394126, "relative_strength": 1.560322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.472902, "energy": 71.474001, "activity_lines": [ 6.020667, 5.800182, 5.435048, 5.273011 ] }, { "date": "2024-11-22", "close": 5.95, "volume": 27134953, "typical_volume": 21004066.85, "trend": 5.168, "fair_value": 5.408914, "relative_strength": 2.613664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.947649, "energy": 66.332074, "activity_lines": [ 6.041333, 5.868364, 5.505857, 5.325312 ] }, { "date": "2024-11-29", "close": 6.2, "volume": 24152242, "typical_volume": 21407338.25, "trend": 5.197667, "fair_value": 5.427799, "relative_strength": 5.343786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.232471, "energy": 59.455668, "activity_lines": [ 6.106, 5.958545, 5.595286, 5.391892 ] }, { "date": "2024-12-06", "close": 6.93, "volume": 56331725, "typical_volume": 23862529.5, "trend": 5.246667, "fair_value": 5.448805, "relative_strength": 15.288889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.88247, "energy": 66.887092, "activity_lines": [ 6.378667, 6.156364, 5.74819, 5.503656 ] }, { "date": "2024-12-13", "close": 6.77, "volume": 105134110, "typical_volume": 28692045.0, "trend": 5.297, "fair_value": 5.469681, "relative_strength": 13.378464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.218052, "energy": 64.804109, "activity_lines": [ 6.539333, 6.298909, 5.875952, 5.601935 ] }, { "date": "2024-12-20", "close": 6.52, "volume": 33507160, "typical_volume": 29706646.95, "trend": 5.346, "fair_value": 5.485884, "relative_strength": 10.374819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.820467, "energy": 58.660872, "activity_lines": [ 6.588, 6.381455, 5.970476, 5.680839 ] }, { "date": "2024-12-27", "close": 6.3, "volume": 24493400, "typical_volume": 30459606.95, "trend": 5.390667, "fair_value": 5.499524, "relative_strength": 6.007114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.996368, "energy": 52.196312, "activity_lines": [ 6.53, 6.403091, 6.036429, 5.742387 ] }, { "date": "2025-01-03", "close": 6.85, "volume": 142726114, "typical_volume": 37194790.15, "trend": 5.464, "fair_value": 5.517586, "relative_strength": 21.964621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.870801, "energy": 49.00349, "activity_lines": [ 6.632, 6.507636, 6.148381, 5.836538 ] }, { "date": "2025-01-10", "close": 6.68, "volume": 244727858, "typical_volume": 49028702.05, "trend": 5.531667, "fair_value": 5.535262, "relative_strength": 20.518745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.978421, "energy": 41.061935, "activity_lines": [ 6.634, 6.559818, 6.234905, 5.914989 ] }, { "date": "2025-01-17", "close": 7.55, "volume": 196932171, "typical_volume": 58460060.4, "trend": 5.623333, "fair_value": 5.559219, "relative_strength": 32.789819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.42904, "energy": 49.873087, "activity_lines": [ 6.942667, 6.758727, 6.394143, 6.045204 ] }, { "date": "2025-01-24", "close": 7.54, "volume": 203895463, "typical_volume": 68058763.55, "trend": 5.714, "fair_value": 5.583623, "relative_strength": 31.940698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.609986, "energy": 52.488764, "activity_lines": [ 7.196, 6.933818, 6.539381, 6.16886 ] }, { "date": "2025-01-31", "close": 8.29, "volume": 20465010, "typical_volume": 68468424.9, "trend": 5.828333, "fair_value": 5.613795, "relative_strength": 44.426202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.583279, "energy": 74.162657, "activity_lines": [ 7.631333, 7.217636, 6.743, 6.335054 ] }, { "date": "2025-02-07", "close": 8.85, "volume": 148407836, "typical_volume": 75591156.55, "trend": 5.959, "fair_value": 5.646533, "relative_strength": 50.116738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.917131, "energy": 85.814974, "activity_lines": [ 8.120667, 7.560727, 6.982667, 6.53 ] }, { "date": "2025-02-14", "close": 8.43, "volume": 146809399, "typical_volume": 80739959.55, "trend": 6.078333, "fair_value": 5.676322, "relative_strength": 39.464839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.279553, "energy": 77.721535, "activity_lines": [ 8.336667, 7.779273, 7.163143, 6.689419 ] }, { "date": "2025-02-21", "close": 7.62, "volume": 83782162, "typical_volume": 83930388.85, "trend": 6.172667, "fair_value": 5.701687, "relative_strength": 23.965975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.785805, "energy": 59.515159, "activity_lines": [ 8.166, 7.823273, 7.252476, 6.788882 ] }, { "date": "2025-02-28", "close": 8.03, "volume": 114268101, "typical_volume": 86973100.1, "trend": 6.276333, "fair_value": 5.731152, "relative_strength": 32.096004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.815321, "energy": 46.405545, "activity_lines": [ 8.127333, 7.926364, 7.373, 6.90871 ] }, { "date": "2025-03-07", "close": 7.57, "volume": 78994570, "typical_volume": 89757383.9, "trend": 6.363333, "fair_value": 5.756197, "relative_strength": 21.837182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.477435, "energy": 31.052649, "activity_lines": [ 7.902667, 7.918364, 7.437048, 6.992172 ] }, { "date": "2025-03-14", "close": 7.3, "volume": 51534040, "typical_volume": 90707512.25, "trend": 6.443, "fair_value": 5.778871, "relative_strength": 15.304473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.240465, "energy": 19.892326, "activity_lines": [ 7.636, 7.838182, 7.464857, 7.052602 ] }, { "date": "2025-03-21", "close": 7.09, "volume": 33252819, "typical_volume": 90488434.95, "trend": 6.527667, "fair_value": 5.799751, "relative_strength": 13.283062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.352134, "energy": 18.57976, "activity_lines": [ 7.402667, 7.711636, 7.464905, 7.094344 ] }, { "date": "2025-03-28", "close": 6.96, "volume": 30615920, "typical_volume": 89763992.15, "trend": 6.599333, "fair_value": 5.817686, "relative_strength": 11.251565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.762999, "energy": 17.577668, "activity_lines": [ 7.215333, 7.554, 7.447619, 7.122237 ] }, { "date": "2025-04-04", "close": 7.23, "volume": 36995310, "typical_volume": 90208018.15, "trend": 6.680333, "fair_value": 5.836776, "relative_strength": 15.412445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.501227, "energy": 18.006841, "activity_lines": [ 7.162, 7.456182, 7.453095, 7.162925 ] }, { "date": "2025-04-11", "close": 7.23, "volume": 67347846, "typical_volume": 92218662.8, "trend": 6.766, "fair_value": 5.855482, "relative_strength": 18.542713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.713869, "energy": 13.615169, "activity_lines": [ 7.162, 7.364, 7.45281, 7.198387 ] }, { "date": "2025-04-18", "close": 7.58, "volume": 105649200, "typical_volume": 96293510.7, "trend": 6.858, "fair_value": 5.875472, "relative_strength": 21.89083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.517244, "energy": 11.150955, "activity_lines": [ 7.301333, 7.354727, 7.479762, 7.250903 ] }, { "date": "2025-04-25", "close": 7.17, "volume": 56736349, "typical_volume": 96313741.9, "trend": 6.914, "fair_value": 5.891555, "relative_strength": 14.046217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.505679, "energy": 6.000335, "activity_lines": [ 7.285333, 7.294, 7.461095, 7.271032 ] }, { "date": "2025-05-02", "close": 7.21, "volume": 16391915, "typical_volume": 91876632.15, "trend": 6.955333, "fair_value": 5.90687, "relative_strength": 14.67834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.643364, "energy": 9.676333, "activity_lines": [ 7.277333, 7.263455, 7.445095, 7.290129 ] }, { "date": "2025-05-09", "close": 7.32, "volume": 30970800, "typical_volume": 91749814.15, "trend": 7.020333, "fair_value": 5.92161, "relative_strength": 13.710254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.775697, "energy": 11.808625, "activity_lines": [ 7.289333, 7.260364, 7.437476, 7.313656 ] }, { "date": "2025-05-16", "close": 7.61, "volume": 42005111, "typical_volume": 92625399.7, "trend": 7.095333, "fair_value": 5.937954, "relative_strength": 16.631779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.135855, "energy": 14.502318, "activity_lines": [ 7.392, 7.322909, 7.453667, 7.351699 ] }, { "date": "2025-05-23", "close": 7.36, "volume": 34690615, "typical_volume": 87223624.75, "trend": 7.151667, "fair_value": 5.953527, "relative_strength": 12.812772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.08388, "energy": 13.500993, "activity_lines": [ 7.386, 7.339273, 7.43981, 7.368774 ] }, { "date": "2025-05-30", "close": 7.36, "volume": 18590037, "typical_volume": 75916733.7, "trend": 7.195333, "fair_value": 5.968524, "relative_strength": 12.187281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.54721, "energy": 14.095614, "activity_lines": [ 7.394667, 7.354545, 7.423524, 7.382215 ] }, { "date": "2025-06-06", "close": 7.49, "volume": 18318118, "typical_volume": 66986031.05, "trend": 7.233667, "fair_value": 5.981283, "relative_strength": 12.134092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.148826, "energy": 17.010792, "activity_lines": [ 7.434, 7.388545, 7.416381, 7.401226 ] }, { "date": "2025-06-13", "close": 7.16, "volume": 31208356, "typical_volume": 58351675.7, "trend": 7.271667, "fair_value": 5.991799, "relative_strength": 6.847816, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.507794, "energy": 1.719692, "activity_lines": [ 7.344667, 7.352909, 7.378095, 7.396473 ] }, { "date": "2025-06-20", "close": 7.15, "volume": 20519240, "typical_volume": 58354387.2, "trend": 7.311667, "fair_value": 5.998476, "relative_strength": 6.696676, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.332805, "energy": 15.399773, "activity_lines": [ 7.262667, 7.316727, 7.340667, 7.388624 ] }, { "date": "2025-06-27", "close": 7.52, "volume": 49766325, "typical_volume": 53422311.65, "trend": 7.355667, "fair_value": 6.010787, "relative_strength": 9.506028, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.317112, "energy": 4.000215, "activity_lines": [ 7.334667, 7.349273, 7.343905, 7.402065 ] }, { "date": "2025-07-04", "close": 8.64, "volume": 116129923, "typical_volume": 51888337.85, "trend": 7.412667, "fair_value": 6.038404, "relative_strength": 23.080587, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.459388, "energy": 48.717296, "activity_lines": [ 7.769333, 7.586545, 7.460143, 7.484925 ] }, { "date": "2025-07-11", "close": 8.08, "volume": 166370171, "typical_volume": 56017738.3, "trend": 7.456333, "fair_value": 6.056673, "relative_strength": 13.169885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.476704, "energy": 53.447434, "activity_lines": [ 7.932, 7.695273, 7.522048, 7.527978 ] }, { "date": "2025-07-18", "close": 7.78, "volume": 58165396, "typical_volume": 53212603.05, "trend": 7.498333, "fair_value": 6.072443, "relative_strength": 7.633628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.883077, "energy": 58.260268, "activity_lines": [ 7.955333, 7.733636, 7.55319, 7.54886 ] }, { "date": "2025-07-25", "close": 7.76, "volume": 39675654, "typical_volume": 51246657.25, "trend": 7.547, "fair_value": 6.089172, "relative_strength": 5.092697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.014386, "energy": 59.33249, "activity_lines": [ 7.930667, 7.76, 7.583619, 7.565742 ] }, { "date": "2025-08-01", "close": 7.74, "volume": 29534217, "typical_volume": 50146666.1, "trend": 7.576667, "fair_value": 6.107885, "relative_strength": 5.34024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.818802, "energy": 31.931289, "activity_lines": [ 7.858667, 7.78, 7.611238, 7.578194 ] }, { "date": "2025-08-08", "close": 8.11, "volume": 50941366, "typical_volume": 51031093.45, "trend": 7.624333, "fair_value": 6.125962, "relative_strength": 7.593949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 32.556404, "energy": 21.414703, "activity_lines": [ 7.895333, 7.860364, 7.672, 7.612602 ] }, { "date": "2025-08-15", "close": 8.32, "volume": 51871243, "typical_volume": 52093859.6, "trend": 7.65, "fair_value": 6.145513, "relative_strength": 7.993145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.573775, "energy": 38.15875, "activity_lines": [ 8.037333, 7.965273, 7.747905, 7.657484 ] }, { "date": "2025-08-22", "close": 8.7, "volume": 69287528, "typical_volume": 53708470.5, "trend": 7.688667, "fair_value": 6.164423, "relative_strength": 8.437728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.67203, "energy": 63.673244, "activity_lines": [ 8.29, 8.124182, 7.853524, 7.725226 ] }, { "date": "2025-08-29", "close": 8.81, "volume": 55816251, "typical_volume": 53131890.75, "trend": 7.706, "fair_value": 6.184679, "relative_strength": 8.305943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.224049, "energy": 72.978138, "activity_lines": [ 8.518, 8.275091, 7.962619, 7.79757 ] }, { "date": "2025-09-05", "close": 7.71, "volume": 77980741, "typical_volume": 51748467.8, "trend": 7.668, "fair_value": 6.196923, "relative_strength": -4.338157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.819091, "energy": 47.862247, "activity_lines": [ 8.309333, 8.195818, 7.959429, 7.797828 ] }, { "date": "2025-09-12", "close": 8.28, "volume": 51294254, "typical_volume": 51476363.05, "trend": 7.663, "fair_value": 6.207949, "relative_strength": 0.811046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.942841, "energy": 34.908911, "activity_lines": [ 8.292667, 8.216727, 8.009905, 7.837312 ] }, { "date": "2025-09-19", "close": 8.2, "volume": 68974939, "typical_volume": 54105514.25, "trend": 7.682333, "fair_value": 6.21641, "relative_strength": 0.804999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.268798, "energy": 25.420063, "activity_lines": [ 8.238, 8.229636, 8.047476, 7.871957 ] }, { "date": "2025-09-26", "close": 7.95, "volume": 29846251, "typical_volume": 54049286.8, "trend": 7.679667, "fair_value": 6.220833, "relative_strength": -2.735307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.280632, "energy": 18.24925, "activity_lines": [ 8.108, 8.194909, 8.056524, 7.889226 ] }, { "date": "2025-10-03", "close": 7.89, "volume": 12194600, "typical_volume": 52558761.25, "trend": 7.690333, "fair_value": 6.225513, "relative_strength": -5.036199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.14196, "energy": 14.943796, "activity_lines": [ 8.008, 8.146182, 8.056857, 7.902796 ] }, { "date": "2025-10-10", "close": 7.83, "volume": 12613526, "typical_volume": 51454906.8, "trend": 7.708, "fair_value": 6.230385, "relative_strength": -6.38932, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.189019, "energy": 14.104301, "activity_lines": [ 7.949333, 8.084182, 8.050143, 7.911806 ] }, { "date": "2025-10-17", "close": 7.45, "volume": 28699648, "typical_volume": 51960387.35, "trend": 7.72, "fair_value": 6.233269, "relative_strength": -9.843631, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.706886, "energy": 16.518997, "activity_lines": [ 7.756, 7.951455, 8.005, 7.895161 ] }, { "date": "2025-10-24", "close": 7.7, "volume": 26481399, "typical_volume": 52368551.4, "trend": 7.744667, "fair_value": 6.243205, "relative_strength": -9.612598, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.89488, "energy": 22.121659, "activity_lines": [ 7.701333, 7.876182, 7.983238, 7.893871 ] }, { "date": "2025-10-31", "close": 8.73, "volume": 63570719, "typical_volume": 53986669.55, "trend": 7.794667, "fair_value": 6.259487, "relative_strength": 2.036003, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.580103, "energy": 17.571659, "activity_lines": [ 8.023333, 7.999455, 8.058571, 7.957441 ] }, { "date": "2025-11-07", "close": 9.72, "volume": 91219058, "typical_volume": 57521660.45, "trend": 7.877667, "fair_value": 6.282179, "relative_strength": 11.800384, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.278437, "energy": 59.785322, "activity_lines": [ 8.623333, 8.302182, 8.220714, 8.081656 ] }, { "date": "2025-11-14", "close": 9.9, "volume": 75682158, "typical_volume": 58817452.1, "trend": 7.955, "fair_value": 6.306795, "relative_strength": 13.397035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.714875, "energy": 77.471909, "activity_lines": [ 9.161333, 8.621091, 8.387762, 8.212129 ] }, { "date": "2025-11-21", "close": 10.89, "volume": 90355989, "typical_volume": 57528755.4, "trend": 8.079, "fair_value": 6.33891, "relative_strength": 28.646125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.005901, "energy": 88.685168, "activity_lines": [ 9.891333, 9.080182, 8.637762, 8.401484 ] }, { "date": "2025-11-28", "close": 11.54, "volume": 152619156, "typical_volume": 56841204.65, "trend": 8.223333, "fair_value": 6.375064, "relative_strength": 33.161435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.962741, "energy": 94.123555, "activity_lines": [ 10.608667, 9.61, 8.938952, 8.624774 ] }, { "date": "2025-12-05", "close": 12.45, "volume": 152134017, "typical_volume": 61539635.7, "trend": 8.394333, "fair_value": 6.417692, "relative_strength": 41.727314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.577347, "energy": 96.398178, "activity_lines": [ 11.373333, 10.244545, 9.310333, 8.897462 ] }, { "date": "2025-12-12", "close": 11.8, "volume": 104085226, "typical_volume": 64760114.3, "trend": 8.534, "fair_value": 6.456987, "relative_strength": 33.607945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.448752, "energy": 89.379121, "activity_lines": [ 11.673333, 10.679091, 9.597571, 9.117183 ] }, { "date": "2025-12-19", "close": 12.63, "volume": 80632789, "typical_volume": 67315042.9, "trend": 8.709667, "fair_value": 6.500321, "relative_strength": 41.395912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.318844, "energy": 90.350783, "activity_lines": [ 12.111333, 11.193455, 9.944619, 9.381441 ] }, { "date": "2025-12-26", "close": 13.33, "volume": 112959030, "typical_volume": 70415926.1, "trend": 8.908667, "fair_value": 6.54891, "relative_strength": 44.645808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.848739, "energy": 82.164727, "activity_lines": [ 12.600667, 11.747818, 10.335048, 9.679527 ] }, { "date": "2026-01-02", "close": 12.85, "volume": 38875572, "typical_volume": 69766142.55, "trend": 9.087333, "fair_value": 6.594615, "relative_strength": 37.995019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.909342, "energy": 66.533176, "activity_lines": [ 12.767333, 12.108, 10.654905, 9.933806 ] }, { "date": "2026-01-09", "close": 12.5, "volume": 62954486, "typical_volume": 69449490.45, "trend": 9.265333, "fair_value": 6.641026, "relative_strength": 28.324637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.084846, "energy": 61.393222, "activity_lines": [ 12.73, 12.310909, 10.919857, 10.153978 ] }, { "date": "2026-01-16", "close": 12.6, "volume": 61366488, "typical_volume": 69727002.3, "trend": 9.447, "fair_value": 6.688397, "relative_strength": 29.154614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.165879, "energy": 55.468347, "activity_lines": [ 12.722667, 12.463455, 11.176238, 10.369118 ] }, { "date": "2026-01-23", "close": 13.77, "volume": 54283084, "typical_volume": 68542119.45, "trend": 9.655333, "fair_value": 6.742949, "relative_strength": 38.84366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.172581, "energy": 55.957211, "activity_lines": [ 13.052, 12.776364, 11.526, 10.648022 ] }, { "date": "2026-01-30", "close": 13.86, "volume": 62505771, "typical_volume": 69102695.3, "trend": 9.829333, "fair_value": 6.79859, "relative_strength": 39.457257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.240102, "energy": 54.988597, "activity_lines": [ 13.335333, 13.035273, 11.855476, 10.91929 ] }, { "date": "2026-02-06", "close": 12.5, "volume": 66526165, "typical_volume": 68980256.6, "trend": 9.976667, "fair_value": 6.843462, "relative_strength": 26.992659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.240515, "energy": 45.196576, "activity_lines": [ 13.13, 12.992909, 12.028857, 11.091591 ] }, { "date": "2026-02-13", "close": 11.98, "volume": 34534775, "typical_volume": 69214682.8, "trend": 10.116667, "fair_value": 6.882628, "relative_strength": 20.818974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.894586, "energy": 35.164043, "activity_lines": [ 12.774667, 12.838545, 12.132238, 11.220839 ] }, { "date": "2026-02-27", "close": 13.26, "volume": 34307194, "typical_volume": 70320312.5, "trend": 10.3, "fair_value": 6.928718, "relative_strength": 30.173282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.779906, "energy": 33.752878, "activity_lines": [ 12.880667, 12.925455, 12.338333, 11.423634 ] }, { "date": "2026-03-06", "close": 13.36, "volume": 56735597, "typical_volume": 72526416.05, "trend": 10.487333, "fair_value": 6.976795, "relative_strength": 31.536161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.764978, "energy": 30.619415, "activity_lines": [ 12.976, 13.004, 12.528381, 11.621054 ] }, { "date": "2026-03-13", "close": 12.95, "volume": 38555344, "typical_volume": 73019200.85, "trend": 10.648667, "fair_value": 7.022244, "relative_strength": 27.481134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.324418, "energy": 28.41271, "activity_lines": [ 12.962, 12.994727, 12.653048, 11.779935 ] }, { "date": "2026-03-20", "close": 11.98, "volume": 30039144, "typical_volume": 73197088.1, "trend": 10.770667, "fair_value": 7.061282, "relative_strength": 21.217953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.334357, "energy": 25.104029, "activity_lines": [ 12.685333, 12.816, 12.659143, 11.865828 ] }, { "date": "2026-03-27", "close": 12.18, "volume": 65615413, "typical_volume": 73299322.8, "trend": 10.886667, "fair_value": 7.102949, "relative_strength": 23.649167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.85951, "energy": 17.659434, "activity_lines": [ 12.51, 12.689455, 12.663905, 11.956753 ] }, { "date": "2026-04-03", "close": 11.63, "volume": 32019426, "typical_volume": 70339341.2, "trend": 10.980667, "fair_value": 7.142244, "relative_strength": 18.257122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.550326, "energy": 12.398274, "activity_lines": [ 12.138, 12.468727, 12.599857, 12.00471 ] }, { "date": "2026-04-10", "close": 11.994121, "volume": 15950400, "typical_volume": 67352753.3, "trend": 11.123471, "fair_value": 7.184449, "relative_strength": 17.955874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.013375, "energy": 15.053891, "activity_lines": [ 11.99604, 12.33184, 12.561392, 12.070094 ] }, { "date": "2026-04-17", "close": 12.64272, "volume": 26614429, "typical_volume": 64165675.3, "trend": 11.268895, "fair_value": 7.228698, "relative_strength": 21.520183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.304778, "energy": 11.826197, "activity_lines": [ 12.161339, 12.345169, 12.574727, 12.16811 ] }, { "date": "2026-04-24", "close": 12.862247, "volume": 58587333, "typical_volume": 59464084.15, "trend": 11.424303, "fair_value": 7.274033, "relative_strength": 22.000572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.096419, "energy": 10.445587, "activity_lines": [ 12.420299, 12.420544, 12.600623, 12.270907 ] }, { "date": "2026-05-01", "close": 12.672655, "volume": 45057816, "typical_volume": 54110274.1, "trend": 11.581725, "fair_value": 7.319627, "relative_strength": 18.460777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.174811, "energy": 17.363546, "activity_lines": [ 12.557244, 12.454861, 12.602166, 12.351446 ] }, { "date": "2026-05-08", "close": 12.513, "volume": 24078053, "typical_volume": 50109915.45, "trend": 11.735825, "fair_value": 7.364902, "relative_strength": 14.39918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.877147, "energy": 19.074317, "activity_lines": [ 12.608128, 12.447557, 12.587443, 12.411528 ] }, { "date": "2026-05-15", "close": 10.976315, "volume": 39316256, "typical_volume": 48044088.8, "trend": 11.840702, "fair_value": 7.397827, "relative_strength": 1.086897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.768279, "energy": 5.533508, "activity_lines": [ 12.087917, 12.174437, 12.422974, 12.362527 ] }, { "date": "2026-05-22", "close": 11.704743, "volume": 32212346, "typical_volume": 44006754.6, "trend": 11.982527, "fair_value": 7.434588, "relative_strength": 7.92165, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.591036, "energy": 23.430353, "activity_lines": [ 11.878369, 12.077098, 12.335754, 12.353756 ] }, { "date": "2026-05-29", "close": 10.657005, "volume": 36312530, "typical_volume": 43878602.5, "trend": 12.081094, "fair_value": 7.465018, "relative_strength": -0.972455, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.867735, "energy": 50.431474, "activity_lines": [ 11.382106, 11.811903, 12.156489, 12.268238 ] }, { "date": "2026-06-05", "close": 10.836617, "volume": 6619100, "typical_volume": 41061833.2, "trend": 12.151314, "fair_value": 7.496855, "relative_strength": 1.354973, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.472531, "energy": 57.441628, "activity_lines": [ 11.092731, 11.603419, 12.004773, 12.187949 ] }, { "date": "2026-06-12", "close": 10.96, "volume": 5691340, "typical_volume": 38278075.8, "trend": 12.192647, "fair_value": 7.530509, "relative_strength": 2.038812, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.402135, "energy": 64.156209, "activity_lines": [ 10.966886, 11.441793, 11.872728, 12.11109 ] }, { "date": "2026-06-19", "close": 11.6, "volume": 33532093, "typical_volume": 37240526.25, "trend": 12.249314, "fair_value": 7.568394, "relative_strength": 5.89342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.508732, "energy": 56.828524, "activity_lines": [ 11.157907, 11.408712, 11.809445, 12.072855 ] }, { "date": "2026-06-26", "close": 9.56, "volume": 12223553, "typical_volume": 34726415.35, "trend": 12.204981, "fair_value": 7.591599, "relative_strength": -11.515492, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.413336, "energy": 69.287936, "activity_lines": [ 10.627349, 11.011889, 11.562209, 11.899351 ] }, { "date": "2026-07-03", "close": 9.19, "volume": 5519800, "typical_volume": 31676097.1, "trend": 12.126647, "fair_value": 7.612753, "relative_strength": -15.331107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.043458, "energy": 78.692717, "activity_lines": [ 10.116441, 10.603842, 11.300212, 11.704836 ] }, { "date": "2026-07-10", "close": 8.85, "volume": 25169037, "typical_volume": 31207810.2, "trend": 12.006647, "fair_value": 7.632945, "relative_strength": -17.332736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.960427, "energy": 85.495232, "activity_lines": [ 9.59, 10.200745, 11.021596, 11.49344 ] }, { "date": "2026-07-17", "close": 8.58, "volume": 37096920, "typical_volume": 31347296.5, "trend": 11.899314, "fair_value": 7.651278, "relative_strength": -14.901232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.420846, "energy": 90.135704, "activity_lines": [ 9.106, 9.81806, 10.73217, 11.272365 ] }, { "date": "2026-07-24", "close": 8.51, "volume": 34273593, "typical_volume": 30224196.3, "trend": 11.761981, "fair_value": 7.668009, "relative_strength": -16.720831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.552867, "energy": 88.747139, "activity_lines": [ 8.757333, 9.494156, 10.458363, 11.0537 ] }, { "date": "2026-07-31", "close": 9.86, "volume": 83262439, "typical_volume": 32459551.05, "trend": 11.646314, "fair_value": 7.692496, "relative_strength": -4.248727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.644773, "energy": 68.921104, "activity_lines": [ 9.064667, 9.46055, 10.336223, 10.930992 ] }, { "date": "2026-08-07", "close": 10.7, "volume": 64833401, "typical_volume": 34199263.9, "trend": 11.574647, "fair_value": 7.722817, "relative_strength": 0.676104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.509576, "energy": 39.458222, "activity_lines": [ 9.632, 9.613211, 10.308797, 10.869939 ] } ], "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." } } }