{ "ticker": { "uuid": "5a36cad7-3c5d-4a82-a99f-1225de755983", "symbol": "300703", "name": "Cre8 Direct (NingBo) 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": -64.771, "architecture_energy": 62.98, "architecture_maturity": 87.984, "architecture_confidence": 96, "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": 7.71, "rotation_up": 28.39, "upward_expansion": 12.0, "deceleration": 55.09, "rotation_down": 54.07, "downward_expansion": 85.33 }, "activity_lines": [ 12.71, 12.942, 14.503593, 16.245467 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 13.1, "trend_reference": 18.940431, "distance_from_trend": -0.308358, "trend_direction": "Weakening", "fair_value": 15.609459, "distance_from_fair_value": -0.160765, "fair_value_direction": "Weakening", "relative_strength": -46.545393, "relative_strength_direction": "Weakening", "price_momentum": -0.495755, "excess_performance": -0.503155, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.308358, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.176689, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.160765, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.379905, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.465454, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.066442, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.495755, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.382188, "read": "Supply-led" } ], "volume": { "latest": 28308010, "relative_activity": 1.09967, "balance": 0.382188, "dry_up": 1.067603, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.115614, "annualized_volatility": 0.516577, "from_high_reference": -0.664394, "from_low_reference": 0.131261 }, "levels": { "trend_reference": 18.940431, "fair_value_reference": 15.609459, "structural_low": 11.58, "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": 21, "median_return": -0.019417, "positive_rate": 0.47619, "directional_follow_through": 0.52381, "median_excess_return": -0.018722, "regime_survival": 0.714286, "best_return": 0.196379, "worst_return": -0.15892, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.010683, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.041349, "regime_survival": 0.5, "best_return": 1.362637, "worst_return": -0.33122, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.136601, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.237831, "regime_survival": 0.4, "best_return": 0.867628, "worst_return": -0.507796, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.048087, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.181908, "regime_survival": 0.0, "best_return": 1.6576, "worst_return": 0.028125, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-17", "end": "2024-06-14", "tenure": "Developing", "return": -0.108389, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-09-27", "tenure": "Established", "return": 0.004975, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": 0.034141, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": 0.538091, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.015779, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.129717, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-05-30", "tenure": "Developing", "return": 0.291003, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-10-10", "tenure": "Established", "return": 0.407699, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": -0.133333, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.062966, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.096563, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.02611, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-06", "tenure": "New", "return": -0.171583, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.376913, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.741572, "volume": 10930750, "typical_volume": 13711480.15, "trend": 9.644209, "fair_value": 10.001414, "relative_strength": 1.855063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.996802, "energy": 18.63396, "activity_lines": [ 9.480244, 9.30336, 9.274735, 9.447325 ] }, { "date": "2023-08-04", "close": 9.479598, "volume": 8634449, "typical_volume": 13388381.0, "trend": 9.645379, "fair_value": 9.984444, "relative_strength": -2.242382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.430185, "energy": 20.169113, "activity_lines": [ 9.506765, 9.351697, 9.279788, 9.436705 ] }, { "date": "2023-08-11", "close": 9.363164, "volume": 6168050, "typical_volume": 12003179.05, "trend": 9.632162, "fair_value": 9.972597, "relative_strength": 0.234834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.729559, "energy": 18.178165, "activity_lines": [ 9.478304, 9.372514, 9.275996, 9.418498 ] }, { "date": "2023-08-18", "close": 9.712464, "volume": 26150649, "typical_volume": 12441983.4, "trend": 9.616583, "fair_value": 9.950053, "relative_strength": 7.104588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.754399, "energy": 18.531868, "activity_lines": [ 9.55722, 9.454017, 9.311588, 9.423679 ] }, { "date": "2023-08-25", "close": 9.207919, "volume": 17664557, "typical_volume": 12707130.0, "trend": 9.596919, "fair_value": 9.910021, "relative_strength": 4.607374, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.73767, "energy": 10.594312, "activity_lines": [ 9.445314, 9.431083, 9.30199, 9.397313 ] }, { "date": "2023-09-01", "close": 10.11998, "volume": 20952655, "typical_volume": 12280804.0, "trend": 9.593651, "fair_value": 9.884519, "relative_strength": 11.072314, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.135564, "energy": 24.674467, "activity_lines": [ 9.65166, 9.570803, 9.383383, 9.431059 ] }, { "date": "2023-09-08", "close": 10.178196, "volume": 14703375, "typical_volume": 11142800.5, "trend": 9.58532, "fair_value": 9.862924, "relative_strength": 13.381551, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.903588, "energy": 49.181556, "activity_lines": [ 9.852183, 9.696233, 9.473197, 9.468772 ] }, { "date": "2023-09-15", "close": 9.828897, "volume": 14262350, "typical_volume": 10998245.95, "trend": 9.568848, "fair_value": 9.836096, "relative_strength": 10.858072, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.327386, "energy": 41.801209, "activity_lines": [ 9.889701, 9.741043, 9.522931, 9.484486 ] }, { "date": "2023-09-22", "close": 10.032655, "volume": 11615075, "typical_volume": 11359750.2, "trend": 9.558212, "fair_value": 9.810633, "relative_strength": 12.563589, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.818757, "energy": 57.076792, "activity_lines": [ 9.964089, 9.811961, 9.587285, 9.514409 ] }, { "date": "2023-09-29", "close": 10.071465, "volume": 10184775, "typical_volume": 11187269.95, "trend": 9.54887, "fair_value": 9.795122, "relative_strength": 13.542496, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.087192, "energy": 54.230043, "activity_lines": [ 10.030067, 9.87794, 9.649624, 9.547522 ] }, { "date": "2023-10-13", "close": 9.663951, "volume": 11890650, "typical_volume": 11268984.45, "trend": 9.539632, "fair_value": 9.776698, "relative_strength": 9.211352, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.39171, "energy": 34.075657, "activity_lines": [ 9.902638, 9.858005, 9.668847, 9.554947 ] }, { "date": "2023-10-20", "close": 9.499003, "volume": 12288471, "typical_volume": 11490326.25, "trend": 9.524577, "fair_value": 9.762668, "relative_strength": 12.656477, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 34.183901, "energy": 19.241053, "activity_lines": [ 9.750628, 9.809491, 9.669725, 9.552326 ] }, { "date": "2023-10-27", "close": 9.974438, "volume": 16457725, "typical_volume": 11907978.0, "trend": 9.502133, "fair_value": 9.751385, "relative_strength": 15.865903, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.186186, "energy": 20.441356, "activity_lines": [ 9.802376, 9.847067, 9.714127, 9.581349 ] }, { "date": "2023-11-03", "close": 10.217007, "volume": 38595640, "typical_volume": 13462951.25, "trend": 9.498916, "fair_value": 9.737286, "relative_strength": 17.319362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.110545, "energy": 27.943164, "activity_lines": [ 9.925278, 9.917633, 9.77798, 9.62747 ] }, { "date": "2023-11-10", "close": 10.876795, "volume": 45625425, "typical_volume": 15273480.0, "trend": 9.52565, "fair_value": 9.723343, "relative_strength": 22.751017, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.966511, "energy": 52.360304, "activity_lines": [ 10.255818, 10.098986, 9.898941, 9.716365 ] }, { "date": "2023-11-17", "close": 10.808876, "volume": 37851895, "typical_volume": 16891889.75, "trend": 9.528474, "fair_value": 9.709145, "relative_strength": 21.376192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.923123, "energy": 68.860892, "activity_lines": [ 10.510031, 10.237648, 10.004655, 9.799154 ] }, { "date": "2023-11-24", "close": 10.935012, "volume": 20314700, "typical_volume": 17368515.75, "trend": 9.601394, "fair_value": 9.704259, "relative_strength": 24.141904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.791372, "energy": 76.366849, "activity_lines": [ 10.72996, 10.386717, 10.112587, 9.889898 ] }, { "date": "2023-12-01", "close": 10.993227, "volume": 17849391, "typical_volume": 17831585.05, "trend": 9.673709, "fair_value": 9.695375, "relative_strength": 25.881766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.696492, "energy": 79.955939, "activity_lines": [ 10.873561, 10.532612, 10.217977, 9.979694 ] }, { "date": "2023-12-08", "close": 10.537198, "volume": 29503815, "typical_volume": 18963416.1, "trend": 9.730504, "fair_value": 9.68213, "relative_strength": 22.327958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.510214, "energy": 68.648726, "activity_lines": [ 10.797232, 10.574422, 10.271527, 10.035403 ] }, { "date": "2023-12-15", "close": 11.090256, "volume": 23594390, "typical_volume": 19761939.35, "trend": 9.794593, "fair_value": 9.679498, "relative_strength": 30.303455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.633498, "energy": 59.382389, "activity_lines": [ 10.88391, 10.707614, 10.372205, 10.123129 ] }, { "date": "2023-12-22", "close": 10.847687, "volume": 28482740, "typical_volume": 20639538.85, "trend": 9.852507, "fair_value": 9.680161, "relative_strength": 28.85868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.997921, "energy": 44.146955, "activity_lines": [ 10.875501, 10.77818, 10.441834, 10.191071 ] }, { "date": "2023-12-29", "close": 10.905902, "volume": 16504640, "typical_volume": 21033048.4, "trend": 9.911694, "fair_value": 9.679282, "relative_strength": 24.654953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.890934, "energy": 39.659895, "activity_lines": [ 10.88391, 10.837807, 10.51174, 10.259032 ] }, { "date": "2024-01-05", "close": 10.96412, "volume": 12831957, "typical_volume": 21366243.75, "trend": 9.970234, "fair_value": 9.683806, "relative_strength": 29.980579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.422324, "energy": 41.225368, "activity_lines": [ 10.913665, 10.88244, 10.580399, 10.32693 ] }, { "date": "2024-01-12", "close": 10.731254, "volume": 14428575, "typical_volume": 20780140.05, "trend": 10.02748, "fair_value": 9.687436, "relative_strength": 28.026699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.224745, "energy": 33.983021, "activity_lines": [ 10.867739, 10.866739, 10.619256, 10.376028 ] }, { "date": "2024-01-19", "close": 10.255817, "volume": 15495539, "typical_volume": 20671689.15, "trend": 10.068231, "fair_value": 9.690294, "relative_strength": 24.475286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.749715, "energy": 17.48179, "activity_lines": [ 10.650397, 10.755246, 10.607982, 10.39076 ] }, { "date": "2024-01-26", "close": 9.993843, "volume": 21342550, "typical_volume": 20691183.9, "trend": 10.10963, "fair_value": 9.692252, "relative_strength": 20.984516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.974826, "energy": 13.122053, "activity_lines": [ 10.401359, 10.607411, 10.566768, 10.38596 ] }, { "date": "2024-02-02", "close": 8.111507, "volume": 21423664, "typical_volume": 21027198.35, "trend": 10.072112, "fair_value": 9.683222, "relative_strength": 6.399407, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -47.463433, "energy": 48.21685, "activity_lines": [ 9.581799, 10.132152, 10.346885, 10.257049 ] }, { "date": "2024-02-09", "close": 6.840446, "volume": 39382033, "typical_volume": 22283182.5, "trend": 9.99255, "fair_value": 9.664726, "relative_strength": -17.933046, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.24218, "energy": 82.436339, "activity_lines": [ 8.524845, 9.477127, 10.01579, 10.048555 ] }, { "date": "2024-02-23", "close": 8.354077, "volume": 38105681, "typical_volume": 23607712.8, "trend": 9.95859, "fair_value": 9.659226, "relative_strength": -2.623215, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.933042, "energy": 83.989775, "activity_lines": [ 8.247346, 9.172813, 9.843081, 9.942847 ] }, { "date": "2024-03-01", "close": 8.014481, "volume": 34446336, "typical_volume": 24820790.85, "trend": 9.911694, "fair_value": 9.655922, "relative_strength": -10.141097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.345644, "energy": 84.322677, "activity_lines": [ 8.015127, 8.846448, 9.646023, 9.81742 ] }, { "date": "2024-03-08", "close": 7.927156, "volume": 18239150, "typical_volume": 25138215.85, "trend": 9.851213, "fair_value": 9.652537, "relative_strength": -10.438442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.496172, "energy": 81.088028, "activity_lines": [ 7.903222, 8.560128, 9.450443, 9.689386 ] }, { "date": "2024-03-15", "close": 8.441401, "volume": 14741853, "typical_volume": 25260884.95, "trend": 9.816606, "fair_value": 9.650772, "relative_strength": -7.055242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.272451, "energy": 52.738623, "activity_lines": [ 8.100511, 8.420408, 9.312109, 9.59843 ] }, { "date": "2024-03-22", "close": 8.771296, "volume": 17606986, "typical_volume": 25318348.0, "trend": 9.796878, "fair_value": 9.647528, "relative_strength": -3.041545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.083647, "energy": 40.450842, "activity_lines": [ 8.385773, 8.385479, 9.21023, 9.530991 ] }, { "date": "2024-03-29", "close": 8.800405, "volume": 16480960, "typical_volume": 24212614.0, "trend": 9.766476, "fair_value": 9.644411, "relative_strength": -1.123573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.89379, "energy": 31.758857, "activity_lines": [ 8.552014, 8.395711, 9.116853, 9.466702 ] }, { "date": "2024-04-05", "close": 9.178812, "volume": 10800382, "typical_volume": 22471361.85, "trend": 9.765505, "fair_value": 9.640784, "relative_strength": 1.477251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.044471, "energy": 23.73704, "activity_lines": [ 8.814635, 8.509851, 9.06626, 9.428788 ] }, { "date": "2024-04-12", "close": 8.703377, "volume": 14700613, "typical_volume": 21313797.75, "trend": 9.718285, "fair_value": 9.63459, "relative_strength": -0.606778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.832128, "energy": 21.903574, "activity_lines": [ 8.841156, 8.55713, 8.978473, 9.360264 ] }, { "date": "2024-04-19", "close": 7.820426, "volume": 30394824, "typical_volume": 21817803.95, "trend": 9.639693, "fair_value": 9.624831, "relative_strength": -11.184891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.021007, "energy": 28.140752, "activity_lines": [ 8.521612, 8.467335, 8.816622, 9.237821 ] }, { "date": "2024-04-26", "close": 8.616052, "volume": 24886899, "typical_volume": 22169679.35, "trend": 9.599265, "fair_value": 9.62155, "relative_strength": -4.05931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.086462, "energy": 25.632751, "activity_lines": [ 8.508675, 8.527492, 8.745376, 9.17178 ] }, { "date": "2024-05-03", "close": 8.839214, "volume": 6730193, "typical_volume": 21030998.25, "trend": 9.559483, "fair_value": 9.620778, "relative_strength": -3.149521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.703554, "energy": 26.665429, "activity_lines": [ 8.580475, 8.595941, 8.706703, 9.122744 ] }, { "date": "2024-05-10", "close": 8.955648, "volume": 15010565, "typical_volume": 20601807.0, "trend": 9.522289, "fair_value": 9.613924, "relative_strength": -3.60372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.849616, "energy": 21.396093, "activity_lines": [ 8.688499, 8.676738, 8.687205, 9.083787 ] }, { "date": "2024-05-17", "close": 9.081783, "volume": 23838366, "typical_volume": 20369588.3, "trend": 9.502884, "fair_value": 9.610155, "relative_strength": -2.312297, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.186175, "energy": 13.223246, "activity_lines": [ 8.853445, 8.763357, 8.689885, 9.055367 ] }, { "date": "2024-05-24", "close": 8.777956, "volume": 12480523, "typical_volume": 20168382.45, "trend": 9.478849, "fair_value": 9.605277, "relative_strength": -2.918607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.176363, "energy": 14.092764, "activity_lines": [ 8.891889, 8.773741, 8.672038, 9.008598 ] }, { "date": "2024-05-31", "close": 8.807545, "volume": 24602509, "typical_volume": 20756910.05, "trend": 9.439953, "fair_value": 9.604541, "relative_strength": -2.198743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.748418, "energy": 12.319192, "activity_lines": [ 8.876361, 8.783387, 8.667142, 8.965288 ] }, { "date": "2024-06-07", "close": 8.176321, "volume": 20840720, "typical_volume": 21077517.3, "trend": 9.37193, "fair_value": 9.599759, "relative_strength": -8.227047, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.232181, "energy": 22.08622, "activity_lines": [ 8.637658, 8.677605, 8.612399, 8.883763 ] }, { "date": "2024-06-14", "close": 8.097418, "volume": 11158363, "typical_volume": 20860658.5, "trend": 9.279284, "fair_value": 9.594112, "relative_strength": -9.14787, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.909214, "energy": 34.057549, "activity_lines": [ 8.416847, 8.568824, 8.562307, 8.801537 ] }, { "date": "2024-06-21", "close": 7.929749, "volume": 11182017, "typical_volume": 20352631.85, "trend": 9.183313, "fair_value": 9.587553, "relative_strength": -9.261582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.675121, "energy": 50.814227, "activity_lines": [ 8.197362, 8.449219, 8.506525, 8.71447 ] }, { "date": "2024-06-28", "close": 7.969201, "volume": 11317325, "typical_volume": 19847314.9, "trend": 9.084452, "fair_value": 9.577778, "relative_strength": -6.771786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.74541, "energy": 55.932419, "activity_lines": [ 8.067829, 8.350854, 8.46433, 8.63614 ] }, { "date": "2024-07-05", "close": 7.821257, "volume": 10347274, "typical_volume": 18395576.95, "trend": 8.97872, "fair_value": 9.565107, "relative_strength": -7.090858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.225454, "energy": 59.080664, "activity_lines": [ 7.9429, 8.222884, 8.408722, 8.554644 ] }, { "date": "2024-07-12", "close": 7.870572, "volume": 11021442, "typical_volume": 17041365.0, "trend": 8.889833, "fair_value": 9.551717, "relative_strength": -8.272368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.162933, "energy": 51.939497, "activity_lines": [ 7.90016, 8.118332, 8.35314, 8.48315 ] }, { "date": "2024-07-19", "close": 7.387291, "volume": 10187425, "typical_volume": 15828419.45, "trend": 8.7664, "fair_value": 9.537299, "relative_strength": -14.349972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.425149, "energy": 61.631815, "activity_lines": [ 7.716711, 7.943522, 8.253834, 8.386212 ] }, { "date": "2024-07-26", "close": 7.476057, "volume": 10605593, "typical_volume": 15446741.6, "trend": 8.654013, "fair_value": 9.524728, "relative_strength": -10.277204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.837441, "energy": 64.56051, "activity_lines": [ 7.610192, 7.813367, 8.165969, 8.302964 ] }, { "date": "2024-08-02", "close": 7.545097, "volume": 11229370, "typical_volume": 15271117.45, "trend": 8.541986, "fair_value": 9.510652, "relative_strength": -9.005939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.529817, "energy": 59.588039, "activity_lines": [ 7.556932, 7.72496, 8.086827, 8.231421 ] }, { "date": "2024-08-09", "close": 7.643726, "volume": 13673792, "typical_volume": 15074457.75, "trend": 8.431306, "fair_value": 9.496357, "relative_strength": -6.122502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.497992, "energy": 52.62075, "activity_lines": [ 7.564823, 7.676901, 8.021346, 8.173469 ] }, { "date": "2024-08-16", "close": 7.663452, "volume": 6895183, "typical_volume": 14595168.9, "trend": 8.329046, "fair_value": 9.483344, "relative_strength": -5.525278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.203339, "energy": 39.760602, "activity_lines": [ 7.591124, 7.653589, 7.963114, 8.12393 ] }, { "date": "2024-08-23", "close": 7.04209, "volume": 12259780, "typical_volume": 14668138.8, "trend": 8.221922, "fair_value": 9.466469, "relative_strength": -11.39361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.039983, "energy": 46.356541, "activity_lines": [ 7.424112, 7.526627, 7.851118, 8.040901 ] }, { "date": "2024-08-30", "close": 7.525372, "volume": 54003367, "typical_volume": 16633276.5, "trend": 8.139639, "fair_value": 9.456649, "relative_strength": -7.151759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.469638, "energy": 36.593684, "activity_lines": [ 7.441208, 7.506722, 7.795323, 7.995962 ] }, { "date": "2024-09-06", "close": 7.199897, "volume": 22213231, "typical_volume": 16224196.85, "trend": 8.109253, "fair_value": 9.443038, "relative_strength": -8.746553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.930218, "energy": 46.844533, "activity_lines": [ 7.346525, 7.434992, 7.714141, 7.935333 ] }, { "date": "2024-09-13", "close": 7.081542, "volume": 10481465, "typical_volume": 15503925.15, "trend": 8.117289, "fair_value": 9.429398, "relative_strength": -8.446137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.074342, "energy": 58.02687, "activity_lines": [ 7.235403, 7.35573, 7.624642, 7.869029 ] }, { "date": "2024-09-20", "close": 7.180171, "volume": 7623925, "typical_volume": 15548611.75, "trend": 8.078159, "fair_value": 9.41846, "relative_strength": -8.040006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.774949, "energy": 47.658619, "activity_lines": [ 7.194637, 7.30785, 7.551843, 7.80857 ] }, { "date": "2024-09-27", "close": 7.969201, "volume": 20313736, "typical_volume": 15813770.3, "trend": 8.07665, "fair_value": 9.41045, "relative_strength": -13.15148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.352553, "energy": 24.637727, "activity_lines": [ 7.449099, 7.415983, 7.56209, 7.801541 ] }, { "date": "2024-10-04", "close": 8.955488, "volume": 13845300, "typical_volume": 15314117.0, "trend": 8.110927, "fair_value": 9.393974, "relative_strength": -11.571367, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.947577, "energy": 17.955293, "activity_lines": [ 7.970516, 7.692861, 7.670966, 7.85824 ] }, { "date": "2024-10-11", "close": 8.472207, "volume": 41342866, "typical_volume": 16757234.15, "trend": 8.111954, "fair_value": 9.370382, "relative_strength": -12.172765, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.933427, "energy": 28.677447, "activity_lines": [ 8.235498, 7.854971, 7.734417, 7.881548 ] }, { "date": "2024-10-18", "close": 8.728642, "volume": 23517895, "typical_volume": 16703003.45, "trend": 8.110532, "fair_value": 9.348191, "relative_strength": -11.901571, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.747057, "energy": 38.32474, "activity_lines": [ 8.501138, 8.046848, 7.823747, 7.921335 ] }, { "date": "2024-10-25", "close": 9.004803, "volume": 28640128, "typical_volume": 17092973.85, "trend": 8.117346, "fair_value": 9.338786, "relative_strength": -11.099471, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.721062, "energy": 58.719791, "activity_lines": [ 8.749025, 8.269212, 7.939753, 7.97903 ] }, { "date": "2024-11-01", "close": 8.886448, "volume": 38382442, "typical_volume": 18454177.8, "trend": 8.1076, "fair_value": 9.33623, "relative_strength": -10.580751, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.986499, "energy": 57.353623, "activity_lines": [ 8.835819, 8.445667, 8.040542, 8.028649 ] }, { "date": "2024-11-08", "close": 9.448631, "volume": 34603037, "typical_volume": 19625228.8, "trend": 8.132442, "fair_value": 9.335939, "relative_strength": -10.595012, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.932688, "energy": 61.109845, "activity_lines": [ 9.048856, 8.690804, 8.191115, 8.115167 ] }, { "date": "2024-11-15", "close": 9.261237, "volume": 27178397, "typical_volume": 20418282.4, "trend": 8.180469, "fair_value": 9.337611, "relative_strength": -8.579216, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.870248, "energy": 60.714196, "activity_lines": [ 9.166553, 8.866901, 8.316609, 8.187993 ] }, { "date": "2024-11-22", "close": 10.227798, "volume": 57731810, "typical_volume": 22787509.2, "trend": 8.234194, "fair_value": 9.348035, "relative_strength": 4.182318, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.264797, "energy": 67.473441, "activity_lines": [ 9.553835, 9.181258, 8.528003, 8.320078 ] }, { "date": "2024-11-29", "close": 12.437081, "volume": 218022637, "typical_volume": 33137568.95, "trend": 8.354123, "fair_value": 9.374812, "relative_strength": 24.466732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.764809, "energy": 83.317132, "activity_lines": [ 10.577601, 9.840098, 8.938345, 8.591232 ] }, { "date": "2024-12-06", "close": 12.02284, "volume": 135542309, "typical_volume": 39405313.15, "trend": 8.456362, "fair_value": 9.398629, "relative_strength": 18.359022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.659842, "energy": 80.073048, "activity_lines": [ 11.234468, 10.328041, 9.287491, 8.827924 ] }, { "date": "2024-12-13", "close": 19.203012, "volume": 203156549, "typical_volume": 49032860.95, "trend": 8.793737, "fair_value": 9.460987, "relative_strength": 87.780084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.540126, "energy": 96.171265, "activity_lines": [ 14.075633, 12.047767, 10.298388, 9.521256 ] }, { "date": "2024-12-20", "close": 16.96414, "volume": 157111682, "typical_volume": 56326976.55, "trend": 9.06661, "fair_value": 9.501751, "relative_strength": 65.549078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.615287, "energy": 91.880262, "activity_lines": [ 15.520215, 13.174107, 11.040217, 10.048379 ] }, { "date": "2024-12-27", "close": 16.845785, "volume": 113965543, "typical_volume": 61341564.1, "trend": 9.334551, "fair_value": 9.541818, "relative_strength": 62.873603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.11046, "energy": 87.419288, "activity_lines": [ 16.411819, 14.124529, 11.725922, 10.550261 ] }, { "date": "2025-01-03", "close": 13.521998, "volume": 75688068, "typical_volume": 64781208.35, "trend": 9.51274, "fair_value": 9.561917, "relative_strength": 40.199873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.669479, "energy": 67.303611, "activity_lines": [ 15.754294, 14.323042, 12.051255, 10.820419 ] }, { "date": "2025-01-10", "close": 13.166935, "volume": 78698591, "typical_volume": 68103148.9, "trend": 9.681724, "fair_value": 9.581322, "relative_strength": 37.544619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.35902, "energy": 49.826787, "activity_lines": [ 14.906088, 14.374867, 12.314876, 11.056174 ] }, { "date": "2025-01-17", "close": 14.005278, "volume": 78357919, "typical_volume": 69320876.5, "trend": 9.884242, "fair_value": 9.602511, "relative_strength": 40.528595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.762327, "energy": 33.345264, "activity_lines": [ 14.261056, 14.501291, 12.629173, 11.335113 ] }, { "date": "2025-01-24", "close": 15.73128, "volume": 98223249, "typical_volume": 73121377.4, "trend": 10.142978, "fair_value": 9.623687, "relative_strength": 54.736007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.422702, "energy": 30.540405, "activity_lines": [ 14.537873, 14.858686, 13.076994, 11.712341 ] }, { "date": "2025-01-31", "close": 15.001429, "volume": 15414829, "typical_volume": 73368045.6, "trend": 10.382317, "fair_value": 9.650531, "relative_strength": 48.569102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.024664, "energy": 29.586626, "activity_lines": [ 14.653598, 14.965743, 13.41468, 12.025789 ] }, { "date": "2025-02-07", "close": 15.238137, "volume": 60600861, "typical_volume": 76016892.4, "trend": 10.627902, "fair_value": 9.682422, "relative_strength": 43.715042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.538493, "energy": 32.802502, "activity_lines": [ 14.971182, 15.029044, 13.737196, 12.339068 ] }, { "date": "2025-02-14", "close": 16.72743, "volume": 112618943, "typical_volume": 80632152.75, "trend": 10.93924, "fair_value": 9.720878, "relative_strength": 52.925418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.909263, "energy": 42.937087, "activity_lines": [ 15.670788, 15.312198, 14.163178, 12.732586 ] }, { "date": "2025-02-21", "close": 15.573475, "volume": 65396340, "typical_volume": 83209704.75, "trend": 11.209154, "fair_value": 9.759361, "relative_strength": 37.949698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.115749, "energy": 37.205695, "activity_lines": [ 15.748376, 15.300004, 14.437554, 13.031569 ] }, { "date": "2025-02-28", "close": 14.054592, "volume": 39894565, "typical_volume": 83137289.7, "trend": 11.426137, "fair_value": 9.790421, "relative_strength": 27.818435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.60368, "energy": 32.71056, "activity_lines": [ 15.215124, 15.077641, 14.53576, 13.215145 ] }, { "date": "2025-03-07", "close": 14.5576, "volume": 26351645, "typical_volume": 83278977.2, "trend": 11.6566, "fair_value": 9.823792, "relative_strength": 28.371909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.771415, "energy": 24.824104, "activity_lines": [ 14.961319, 14.999635, 14.655288, 13.417175 ] }, { "date": "2025-03-14", "close": 15.691829, "volume": 33626793, "typical_volume": 83528310.45, "trend": 11.924212, "fair_value": 9.864617, "relative_strength": 35.306155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.705266, "energy": 25.804236, "activity_lines": [ 15.11518, 15.169456, 14.855082, 13.677513 ] }, { "date": "2025-03-21", "close": 14.508286, "volume": 39304398, "typical_volume": 83574408.25, "trend": 12.173085, "fair_value": 9.897428, "relative_strength": 27.481769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.420654, "energy": 18.968074, "activity_lines": [ 14.84428, 15.084635, 14.910314, 13.844227 ] }, { "date": "2025-03-28", "close": 14.843623, "volume": 41649004, "typical_volume": 83926706.6, "trend": 12.417027, "fair_value": 9.93172, "relative_strength": 30.324409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.467757, "energy": 20.76967, "activity_lines": [ 14.833103, 15.036397, 14.970713, 14.01652 ] }, { "date": "2025-04-04", "close": 13.620626, "volume": 23602475, "typical_volume": 83747910.5, "trend": 12.631051, "fair_value": 9.956164, "relative_strength": 21.606591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.557704, "energy": 9.61805, "activity_lines": [ 14.462916, 14.750553, 14.888945, 14.094171 ] }, { "date": "2025-04-11", "close": 12.210237, "volume": 43451738, "typical_volume": 83033906.9, "trend": 12.802008, "fair_value": 9.976009, "relative_strength": 14.296692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.952925, "energy": 18.042098, "activity_lines": [ 13.651531, 14.24665, 14.652095, 14.067022 ] }, { "date": "2025-04-18", "close": 13.46282, "volume": 162823360, "typical_volume": 80273943.05, "trend": 13.01143, "fair_value": 9.999015, "relative_strength": 25.516281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.27719, "energy": 17.581131, "activity_lines": [ 13.414164, 14.021239, 14.525099, 14.109655 ] }, { "date": "2025-04-25", "close": 14.103907, "volume": 107135648, "typical_volume": 78853610.0, "trend": 13.21592, "fair_value": 10.030635, "relative_strength": 28.544089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.926978, "energy": 16.623264, "activity_lines": [ 13.539093, 13.944667, 14.454274, 14.180138 ] }, { "date": "2025-05-02", "close": 15.031016, "volume": 93933634, "typical_volume": 73392464.25, "trend": 13.418437, "fair_value": 10.07051, "relative_strength": 35.824552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.023449, "energy": 13.446329, "activity_lines": [ 14.000018, 14.084361, 14.461835, 14.297241 ] }, { "date": "2025-05-09", "close": 15.662241, "volume": 87882542, "typical_volume": 69931007.25, "trend": 13.658105, "fair_value": 10.1165, "relative_strength": 36.881039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.860621, "energy": 20.714885, "activity_lines": [ 14.658858, 14.348686, 14.54938, 14.442002 ] }, { "date": "2025-05-16", "close": 15.277589, "volume": 97077854, "typical_volume": 69086622.8, "trend": 13.876403, "fair_value": 10.161972, "relative_strength": 31.561076, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.663619, "energy": 25.249242, "activity_lines": [ 15.053373, 14.513844, 14.606491, 14.546485 ] }, { "date": "2025-05-23", "close": 16.8951, "volume": 172694766, "typical_volume": 73936957.7, "trend": 14.139413, "fair_value": 10.222317, "relative_strength": 44.376237, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.384868, "energy": 39.023631, "activity_lines": [ 15.782568, 14.960004, 14.825118, 14.741239 ] }, { "date": "2025-05-30", "close": 20.258202, "volume": 224273958, "typical_volume": 81215726.05, "trend": 14.518472, "fair_value": 10.30355, "relative_strength": 71.619932, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.123209, "energy": 69.538217, "activity_lines": [ 17.403978, 15.99576, 15.347978, 15.136 ] }, { "date": "2025-06-06", "close": 22.745701, "volume": 189722376, "typical_volume": 86783948.9, "trend": 14.961707, "fair_value": 10.397017, "relative_strength": 85.880682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.746239, "energy": 80.26215, "activity_lines": [ 19.444269, 17.379245, 16.073975, 15.666789 ] }, { "date": "2025-06-13", "close": 23.9795, "volume": 259466461, "typical_volume": 94846109.5, "trend": 15.452316, "fair_value": 10.497723, "relative_strength": 92.552302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.131131, "energy": 83.850779, "activity_lines": [ 21.381513, 18.843382, 16.875855, 16.248582 ] }, { "date": "2025-06-20", "close": 21.0741, "volume": 121319657, "typical_volume": 100141350.9, "trend": 15.81386, "fair_value": 10.580474, "relative_strength": 67.969134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.119127, "energy": 76.352372, "activity_lines": [ 21.795807, 19.590922, 17.361753, 16.611278 ] }, { "date": "2025-06-27", "close": 20.38755, "volume": 79870900, "typical_volume": 101104852.85, "trend": 16.078875, "fair_value": 10.657478, "relative_strength": 54.134366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.666322, "energy": 68.282979, "activity_lines": [ 21.594817, 20.052473, 17.753349, 16.906355 ] }, { "date": "2025-07-04", "close": 20.636299, "volume": 117099792, "typical_volume": 101328895.3, "trend": 16.365991, "fair_value": 10.734974, "relative_strength": 51.646548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.589456, "energy": 45.428729, "activity_lines": [ 21.243913, 20.433348, 18.144113, 17.200382 ] }, { "date": "2025-07-11", "close": 24.894901, "volume": 128227400, "typical_volume": 104470448.3, "trend": 16.55572, "fair_value": 10.838484, "relative_strength": 75.977343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.435511, "energy": 49.469299, "activity_lines": [ 22.287337, 21.469742, 18.921845, 17.750634 ] }, { "date": "2025-07-18", "close": 25.272999, "volume": 110660324, "typical_volume": 108008736.25, "trend": 16.832682, "fair_value": 10.943132, "relative_strength": 71.382939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.871268, "energy": 52.383404, "activity_lines": [ 23.313513, 22.395539, 19.691199, 18.313039 ] }, { "date": "2025-07-25", "close": 24.566551, "volume": 67923738, "typical_volume": 110087340.9, "trend": 17.090041, "fair_value": 11.043802, "relative_strength": 59.774332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.942263, "energy": 55.584074, "activity_lines": [ 24.017973, 23.018149, 20.339851, 18.811999 ] }, { "date": "2025-08-01", "close": 21.700949, "volume": 61544686, "typical_volume": 111483235.55, "trend": 17.362673, "fair_value": 11.123777, "relative_strength": 41.252619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.096217, "energy": 50.104271, "activity_lines": [ 23.534403, 22.950851, 20.667926, 19.109477 ] }, { "date": "2025-08-08", "close": 30.546501, "volume": 133416249, "typical_volume": 116188828.1, "trend": 17.941992, "fair_value": 11.258312, "relative_strength": 91.541225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.17488, "energy": 63.561983, "activity_lines": [ 25.91179, 24.404456, 21.809821, 19.960046 ] }, { "date": "2025-08-15", "close": 34.028999, "volume": 109930330, "typical_volume": 119602894.4, "trend": 18.609449, "fair_value": 11.41468, "relative_strength": 98.745343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.028802, "energy": 74.683749, "activity_lines": [ 28.78933, 26.304182, 23.207009, 20.997918 ] }, { "date": "2025-08-22", "close": 34.317551, "volume": 98089769, "typical_volume": 123327259.1, "trend": 19.228991, "fair_value": 11.572041, "relative_strength": 86.889298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.947045, "energy": 83.229558, "activity_lines": [ 31.154114, 28.051221, 24.54032, 22.011343 ] }, { "date": "2025-08-29", "close": 32.596199, "volume": 70945158, "typical_volume": 124701930.1, "trend": 19.815484, "fair_value": 11.719593, "relative_strength": 66.567652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.405997, "energy": 84.459989, "activity_lines": [ 32.342143, 29.297323, 25.611135, 22.873744 ] }, { "date": "2025-09-05", "close": 33.5116, "volume": 70492507, "typical_volume": 120085387.45, "trend": 20.424599, "fair_value": 11.869645, "relative_strength": 68.937885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.158571, "energy": 84.224598, "activity_lines": [ 33.299997, 30.500368, 26.672056, 23.757364 ] }, { "date": "2025-09-12", "close": 35.352348, "volume": 84969736, "typical_volume": 118977091.85, "trend": 21.04543, "fair_value": 12.027212, "relative_strength": 69.78707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.979911, "energy": 83.284793, "activity_lines": [ 34.084056, 31.799476, 27.812816, 24.720445 ] }, { "date": "2025-09-19", "close": 32.954399, "volume": 88119203, "typical_volume": 118686370.3, "trend": 21.624794, "fair_value": 12.171366, "relative_strength": 53.503283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.790623, "energy": 57.517363, "activity_lines": [ 33.748409, 32.395029, 28.624016, 25.488766 ] }, { "date": "2025-09-26", "close": 31.879801, "volume": 41179149, "typical_volume": 116351200.65, "trend": 22.218967, "fair_value": 12.306551, "relative_strength": 44.282457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.302382, "energy": 50.225285, "activity_lines": [ 33.126203, 32.648663, 29.247524, 26.150379 ] }, { "date": "2025-10-03", "close": 30.3475, "volume": 18162238, "typical_volume": 112405419.85, "trend": 22.745297, "fair_value": 12.432586, "relative_strength": 32.009377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.548897, "energy": 38.232809, "activity_lines": [ 32.155746, 32.503574, 29.647873, 26.6748 ] }, { "date": "2025-10-10", "close": 32.0191, "volume": 18809467, "typical_volume": 104711154.9, "trend": 23.28954, "fair_value": 12.572582, "relative_strength": 38.625272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.157978, "energy": 31.204871, "activity_lines": [ 31.892403, 32.557304, 30.13566, 27.27311 ] }, { "date": "2025-10-17", "close": 28.80525, "volume": 43674067, "typical_volume": 95681160.35, "trend": 23.766105, "fair_value": 12.694914, "relative_strength": 29.210612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.543761, "energy": 21.208554, "activity_lines": [ 30.657277, 31.839095, 30.245346, 27.628962 ] }, { "date": "2025-10-24", "close": 29.89975, "volume": 34708492, "typical_volume": 87930466.15, "trend": 24.267976, "fair_value": 12.825731, "relative_strength": 26.126733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.919664, "energy": 19.520374, "activity_lines": [ 30.223457, 31.351545, 30.418571, 28.024682 ] }, { "date": "2025-10-31", "close": 27.800301, "volume": 45218855, "typical_volume": 77218085.85, "trend": 24.740632, "fair_value": 12.931214, "relative_strength": 14.968058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.733814, "energy": 16.81963, "activity_lines": [ 29.293464, 30.557355, 30.357782, 28.252573 ] }, { "date": "2025-11-07", "close": 26.884901, "volume": 29596985, "typical_volume": 72631952.25, "trend": 25.229788, "fair_value": 13.040931, "relative_strength": 9.616071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.181013, "energy": 13.839498, "activity_lines": [ 28.330304, 29.715223, 30.191617, 28.390913 ] }, { "date": "2025-11-14", "close": 27.49185, "volume": 39809918, "typical_volume": 70628903.15, "trend": 25.697422, "fair_value": 13.159067, "relative_strength": 12.247905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.369519, "energy": 16.058113, "activity_lines": [ 27.8003, 29.087288, 30.055586, 28.536853 ] }, { "date": "2025-11-21", "close": 23.969551, "volume": 32031264, "typical_volume": 66375476.75, "trend": 26.026277, "fair_value": 13.251258, "relative_strength": 2.170306, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.840492, "energy": 33.294667, "activity_lines": [ 26.398014, 27.928384, 29.550268, 28.425377 ] }, { "date": "2025-11-28", "close": 24.96455, "volume": 20393769, "typical_volume": 60983795.2, "trend": 26.357394, "fair_value": 13.342604, "relative_strength": 1.969478, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.992874, "energy": 51.037123, "activity_lines": [ 25.649774, 27.15735, 29.12384, 28.356879 ] }, { "date": "2025-12-05", "close": 24.0193, "volume": 18774517, "typical_volume": 56389504.85, "trend": 26.635963, "fair_value": 13.427401, "relative_strength": -3.811487, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.900302, "energy": 56.645755, "activity_lines": [ 24.915464, 26.359721, 28.607056, 28.206034 ] }, { "date": "2025-12-12", "close": 23.03425, "volume": 19582740, "typical_volume": 53972454.95, "trend": 26.894518, "fair_value": 13.509617, "relative_strength": -8.474991, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.085251, "energy": 62.304183, "activity_lines": [ 24.10487, 25.525911, 28.002427, 27.973665 ] }, { "date": "2025-12-19", "close": 28.078899, "volume": 56800045, "typical_volume": 53735222.9, "trend": 27.267312, "fair_value": 13.624232, "relative_strength": 11.956063, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.587486, "energy": 37.686684, "activity_lines": [ 25.232536, 25.742278, 27.885538, 28.050077 ] }, { "date": "2025-12-26", "close": 25.5317, "volume": 98342301, "typical_volume": 51981525.5, "trend": 27.443095, "fair_value": 13.724417, "relative_strength": -1.962786, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.051091, "energy": 26.727927, "activity_lines": [ 25.472, 25.567158, 27.495688, 27.938102 ] }, { "date": "2026-01-02", "close": 24.317801, "volume": 29498481, "typical_volume": 47959933.05, "trend": 27.495498, "fair_value": 13.818596, "relative_strength": -6.484997, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.195584, "energy": 27.011536, "activity_lines": [ 25.202687, 25.230848, 27.014108, 27.73647 ] }, { "date": "2026-01-09", "close": 25.5317, "volume": 48342793, "typical_volume": 45472584.25, "trend": 27.547238, "fair_value": 13.922943, "relative_strength": -6.389582, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.351059, "energy": 14.182488, "activity_lines": [ 25.381123, 25.216737, 26.694381, 27.609774 ] }, { "date": "2026-01-16", "close": 26.665998, "volume": 80485115, "typical_volume": 45949582.1, "trend": 27.733635, "fair_value": 14.033337, "relative_strength": -3.800759, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.226329, "energy": 24.0838, "activity_lines": [ 25.836833, 25.45011, 26.52452, 27.552919 ] }, { "date": "2026-01-23", "close": 26.675949, "volume": 39196753, "typical_volume": 44384794.4, "trend": 27.943248, "fair_value": 14.141775, "relative_strength": -5.121626, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.654235, "energy": 20.314781, "activity_lines": [ 26.053743, 25.689271, 26.383846, 27.484682 ] }, { "date": "2026-01-30", "close": 25.97945, "volume": 36780727, "typical_volume": 41975343.95, "trend": 28.121353, "fair_value": 14.243054, "relative_strength": -6.403426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.220989, "energy": 17.823784, "activity_lines": [ 26.132016, 25.816631, 26.20939, 27.357985 ] }, { "date": "2026-02-06", "close": 27.660999, "volume": 39158525, "typical_volume": 39527310.05, "trend": 28.213557, "fair_value": 14.357562, "relative_strength": 1.252149, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.851778, "energy": 16.631177, "activity_lines": [ 26.740956, 26.213184, 26.239713, 27.328285 ] }, { "date": "2026-02-13", "close": 27.19335, "volume": 49311341, "typical_volume": 39933919.65, "trend": 28.277568, "fair_value": 14.466378, "relative_strength": -2.182059, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.728526, "energy": 13.028952, "activity_lines": [ 26.971133, 26.475683, 26.250706, 27.262465 ] }, { "date": "2026-02-27", "close": 24.6959, "volume": 28776495, "typical_volume": 40464632.5, "trend": 28.28188, "fair_value": 14.557838, "relative_strength": -13.826989, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.187595, "energy": 14.797006, "activity_lines": [ 26.25805, 26.226391, 26.046162, 27.03139 ] }, { "date": "2026-03-06", "close": 22.91485, "volume": 25009337, "typical_volume": 40774626.0, "trend": 28.322343, "fair_value": 14.638555, "relative_strength": -18.45436, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.392166, "energy": 34.794443, "activity_lines": [ 25.082623, 25.623059, 25.698907, 26.68513 ] }, { "date": "2026-03-13", "close": 21.024349, "volume": 29145188, "typical_volume": 40048182.05, "trend": 28.004938, "fair_value": 14.706969, "relative_strength": -25.841881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.746726, "energy": 68.454855, "activity_lines": [ 23.52777, 24.769891, 25.214958, 26.214291 ] }, { "date": "2026-03-20", "close": 19.472149, "volume": 27406625, "typical_volume": 39683088.7, "trend": 27.51971, "fair_value": 14.765433, "relative_strength": -29.246171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.7866, "energy": 81.592521, "activity_lines": [ 21.785856, 23.716458, 24.620232, 25.663789 ] }, { "date": "2026-03-27", "close": 19.4025, "volume": 27708825, "typical_volume": 38807587.2, "trend": 27.022541, "fair_value": 14.826083, "relative_strength": -28.993173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.083329, "energy": 87.567376, "activity_lines": [ 20.56665, 22.738463, 24.068528, 25.140098 ] }, { "date": "2026-04-03", "close": 18.905001, "volume": 18086400, "typical_volume": 38232057.95, "trend": 26.566168, "fair_value": 14.883483, "relative_strength": -28.713949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.245501, "energy": 90.189905, "activity_lines": [ 19.701, 21.781454, 23.509433, 24.616385 ] }, { "date": "2026-04-10", "close": 20.1189, "volume": 21075335, "typical_volume": 37295328.8, "trend": 26.119745, "fair_value": 14.944195, "relative_strength": -29.270998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.088938, "energy": 84.273572, "activity_lines": [ 19.626043, 21.186264, 23.103947, 24.200433 ] }, { "date": "2026-04-17", "close": 22.3477, "volume": 42225935, "typical_volume": 37805062.35, "trend": 25.686257, "fair_value": 15.021338, "relative_strength": -24.664671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.623908, "energy": 53.778496, "activity_lines": [ 20.480417, 21.115528, 22.945837, 23.957075 ] }, { "date": "2026-04-24", "close": 18.009501, "volume": 70957606, "typical_volume": 40333254.2, "trend": 25.188093, "fair_value": 15.072201, "relative_strength": -39.412066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.457377, "energy": 57.91079, "activity_lines": [ 19.8005, 20.322061, 22.382288, 23.4618 ] }, { "date": "2026-05-01", "close": 17.840351, "volume": 28377006, "typical_volume": 40813378.65, "trend": 24.720112, "fair_value": 15.117818, "relative_strength": -40.506812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.811208, "energy": 56.631122, "activity_lines": [ 19.161711, 19.673321, 21.835749, 22.987752 ] }, { "date": "2026-05-08", "close": 18.507, "volume": 21968926, "typical_volume": 40932687.95, "trend": 24.325428, "fair_value": 15.180379, "relative_strength": -39.901218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.064888, "energy": 54.486194, "activity_lines": [ 18.84928, 19.315845, 21.382124, 22.586907 ] }, { "date": "2026-05-15", "close": 17.959749, "volume": 36036110, "typical_volume": 39894491.2, "trend": 23.856783, "fair_value": 15.238943, "relative_strength": -41.445861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.803689, "energy": 70.555997, "activity_lines": [ 18.380967, 18.971394, 20.897938, 22.176218 ] }, { "date": "2026-05-22", "close": 16.407549, "volume": 27453876, "typical_volume": 36350069.95, "trend": 23.443527, "fair_value": 15.287496, "relative_strength": -46.394968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.530295, "energy": 77.825657, "activity_lines": [ 17.539196, 18.434817, 20.314109, 21.695622 ] }, { "date": "2026-05-29", "close": 16.75, "volume": 41327590, "typical_volume": 36941525.4, "trend": 23.005202, "fair_value": 15.336101, "relative_strength": -44.878474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.666648, "energy": 71.791061, "activity_lines": [ 17.207586, 18.044446, 19.806344, 21.263781 ] }, { "date": "2026-06-05", "close": 15.92, "volume": 5954700, "typical_volume": 34822120.75, "trend": 22.609192, "fair_value": 15.379753, "relative_strength": -46.200286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.190963, "energy": 78.989101, "activity_lines": [ 16.683276, 17.55266, 19.255568, 20.806672 ] }, { "date": "2026-06-12", "close": 14.96, "volume": 7797061, "typical_volume": 31187718.05, "trend": 22.211695, "fair_value": 15.417123, "relative_strength": -47.614357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.613799, "energy": 84.175037, "activity_lines": [ 15.96699, 16.949646, 18.659133, 20.313175 ] }, { "date": "2026-06-19", "close": 14.18, "volume": 22361050, "typical_volume": 30345932.9, "trend": 21.767967, "fair_value": 15.448995, "relative_strength": -52.947756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.300588, "energy": 84.394733, "activity_lines": [ 15.22717, 16.276542, 18.044156, 19.795001 ] }, { "date": "2026-06-26", "close": 12.67, "volume": 5695825, "typical_volume": 28791687.8, "trend": 21.391315, "fair_value": 15.472432, "relative_strength": -56.719204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.882975, "energy": 90.781758, "activity_lines": [ 14.236, 15.436872, 17.344874, 19.208036 ] }, { "date": "2026-07-03", "close": 13.39, "volume": 5616525, "typical_volume": 27114587.8, "trend": 21.005496, "fair_value": 15.50036, "relative_strength": -53.181191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.146623, "energy": 85.223258, "activity_lines": [ 13.734, 14.904069, 16.777541, 18.691822 ] }, { "date": "2026-07-10", "close": 12.66, "volume": 22272825, "typical_volume": 25762662.0, "trend": 20.626853, "fair_value": 15.525412, "relative_strength": -53.566565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.743044, "energy": 83.509364, "activity_lines": [ 13.212667, 14.32253, 16.208642, 18.153403 ] }, { "date": "2026-07-17", "close": 12.45, "volume": 25390554, "typical_volume": 25593364.95, "trend": 20.274045, "fair_value": 15.546008, "relative_strength": -49.106872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.463832, "energy": 84.618511, "activity_lines": [ 12.838667, 13.796997, 15.688949, 17.625864 ] }, { "date": "2026-07-24", "close": 11.69, "volume": 24523841, "typical_volume": 25569090.15, "trend": 19.727748, "fair_value": 15.561794, "relative_strength": -51.685071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.12265, "energy": 89.364127, "activity_lines": [ 12.378667, 13.24341, 15.155189, 17.072055 ] }, { "date": "2026-07-31", "close": 13.13, "volume": 31707750, "typical_volume": 25697218.25, "trend": 19.314358, "fair_value": 15.585878, "relative_strength": -44.198107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.271019, "energy": 74.162551, "activity_lines": [ 12.564667, 13.065636, 14.812024, 16.646393 ] }, { "date": "2026-08-07", "close": 13.1, "volume": 28308010, "typical_volume": 25742287.5, "trend": 18.940431, "fair_value": 15.609459, "relative_strength": -46.545393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.770583, "energy": 62.979691, "activity_lines": [ 12.71, 12.942, 14.503593, 16.245467 ] } ], "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." } } }