{ "ticker": { "uuid": "5ab380b3-f4cb-46fd-a0ae-d67015d3f9bf", "symbol": "603500", "name": "Zhejiang Tiantai Xianghe Industrial 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.465, "architecture_energy": 78.639, "architecture_maturity": 18.135, "architecture_confidence": 78.587, "architecture_tenure": "New", "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": 13.75, "rotation_up": 8.2, "upward_expansion": 17.95, "deceleration": 37.02, "rotation_down": 78.84, "downward_expansion": 93.62 }, "activity_lines": [ 8.902, 9.84687, 10.416621, 10.767684 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 9.64, "trend_reference": 11.36381, "distance_from_trend": -0.151693, "trend_direction": "Weakening", "fair_value": 8.849591, "distance_from_fair_value": 0.089316, "fair_value_direction": "Weakening", "relative_strength": -15.36308, "relative_strength_direction": "Weakening", "price_momentum": -0.288035, "excess_performance": -0.244832, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.151693, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.031289, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.089316, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.096044, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.153631, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.012672, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.288035, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.11366, "read": "Demand-led" } ], "volume": { "latest": 46305088, "relative_activity": 1.198271, "balance": 1.11366, "dry_up": 1.083728, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.131323, "annualized_volatility": 0.569263, "from_high_reference": -0.322298, "from_low_reference": 0.275132 }, "levels": { "trend_reference": 11.36381, "fair_value_reference": 8.849591, "structural_low": 7.56, "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": 19, "median_return": 0.018373, "positive_rate": 0.526316, "directional_follow_through": 0.473684, "median_excess_return": 0.008135, "regime_survival": 0.736842, "best_return": 0.254371, "worst_return": -0.127246, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.046553, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.057139, "regime_survival": 0.571429, "best_return": 0.379538, "worst_return": -0.198512, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.025759, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.041183, "regime_survival": 0.5, "best_return": 0.283217, "worst_return": -0.19037, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.086439, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.137273, "regime_survival": 0.5, "best_return": -0.048293, "worst_return": -0.124584, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": 0.001486, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": 0.170868, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": -0.137328, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": 0.163059, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-09-26", "tenure": "Extended", "return": 0.432802, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.0563, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.081124, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.140845, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": -0.169165, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.00553, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": -0.032969, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-06-12", "tenure": "Developing", "return": 0.200747, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.384006, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.193069, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.7648, "volume": 9116968, "typical_volume": 17595214.85, "trend": 8.942154, "fair_value": 7.659478, "relative_strength": -5.108921, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.455258, "energy": 7.370417, "activity_lines": [ 9.041816, 9.133302, 9.008314, 9.011909 ] }, { "date": "2023-08-04", "close": 8.695127, "volume": 9289560, "typical_volume": 17684769.5, "trend": 8.97111, "fair_value": 7.673455, "relative_strength": -5.787957, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.556703, "energy": 12.793108, "activity_lines": [ 8.883318, 9.051218, 8.985852, 8.995972 ] }, { "date": "2023-08-11", "close": 8.395535, "volume": 7813758, "typical_volume": 17746470.35, "trend": 8.983639, "fair_value": 7.685481, "relative_strength": -5.804124, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.781498, "energy": 38.321185, "activity_lines": [ 8.676548, 8.920451, 8.93782, 8.958838 ] }, { "date": "2023-08-18", "close": 8.479143, "volume": 13943450, "typical_volume": 18129782.5, "trend": 9.003095, "fair_value": 7.693946, "relative_strength": -2.860897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.690774, "energy": 51.808279, "activity_lines": [ 8.565072, 8.816498, 8.901383, 8.92629 ] }, { "date": "2023-08-25", "close": 7.782418, "volume": 11123224, "typical_volume": 18301847.55, "trend": 8.989895, "fair_value": 7.684733, "relative_strength": -8.565894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.252001, "energy": 69.115798, "activity_lines": [ 8.278021, 8.596964, 8.800709, 8.847537 ] }, { "date": "2023-09-01", "close": 8.221354, "volume": 15277750, "typical_volume": 18700735.85, "trend": 8.949917, "fair_value": 7.672205, "relative_strength": -5.339854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.678389, "energy": 67.271098, "activity_lines": [ 8.210671, 8.48464, 8.745105, 8.797953 ] }, { "date": "2023-09-08", "close": 8.353732, "volume": 9062564, "typical_volume": 18681180.65, "trend": 8.901468, "fair_value": 7.651286, "relative_strength": -3.157681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.265085, "energy": 64.127062, "activity_lines": [ 8.223677, 8.413924, 8.702692, 8.75949 ] }, { "date": "2023-09-15", "close": 8.165616, "volume": 7685120, "typical_volume": 18497325.7, "trend": 8.843528, "fair_value": 7.630456, "relative_strength": -5.217126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.776908, "energy": 61.880401, "activity_lines": [ 8.196737, 8.329283, 8.641495, 8.712016 ] }, { "date": "2023-09-22", "close": 8.25619, "volume": 8385748, "typical_volume": 18682192.65, "trend": 8.796889, "fair_value": 7.610082, "relative_strength": -4.392519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.440273, "energy": 38.36477, "activity_lines": [ 8.215316, 8.283679, 8.591911, 8.674123 ] }, { "date": "2023-09-29", "close": 8.291028, "volume": 4762363, "typical_volume": 17741826.7, "trend": 8.754402, "fair_value": 7.608287, "relative_strength": -3.149485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.526308, "energy": 33.421968, "activity_lines": [ 8.260371, 8.263918, 8.547312, 8.641487 ] }, { "date": "2023-10-13", "close": 8.095945, "volume": 6312482, "typical_volume": 17517249.15, "trend": 8.711853, "fair_value": 7.615189, "relative_strength": -4.503246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.239136, "energy": 36.348798, "activity_lines": [ 8.206491, 8.219454, 8.484583, 8.599006 ] }, { "date": "2023-10-20", "close": 7.468892, "volume": 13548905, "typical_volume": 17842426.45, "trend": 8.650244, "fair_value": 7.621367, "relative_strength": -8.562476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.436718, "energy": 52.634235, "activity_lines": [ 7.951955, 8.073142, 8.366373, 8.518815 ] }, { "date": "2023-10-27", "close": 7.963566, "volume": 9443078, "typical_volume": 13842492.8, "trend": 8.610414, "fair_value": 7.630131, "relative_strength": -3.392899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.072569, "energy": 49.334935, "activity_lines": [ 7.921299, 8.039066, 8.30263, 8.474513 ] }, { "date": "2023-11-03", "close": 7.991436, "volume": 11861998, "typical_volume": 12208537.75, "trend": 8.579336, "fair_value": 7.638518, "relative_strength": -3.218878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.808243, "energy": 51.387566, "activity_lines": [ 7.913403, 8.017911, 8.246639, 8.434579 ] }, { "date": "2023-11-10", "close": 8.088977, "volume": 11827368, "typical_volume": 11661252.85, "trend": 8.566692, "fair_value": 7.645684, "relative_strength": -2.056535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.924082, "energy": 41.924331, "activity_lines": [ 7.95567, 8.023358, 8.205167, 8.402943 ] }, { "date": "2023-11-17", "close": 8.186519, "volume": 11999454, "typical_volume": 11757884.95, "trend": 8.561441, "fair_value": 7.652273, "relative_strength": -1.198569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.425937, "energy": 24.032383, "activity_lines": [ 8.043922, 8.040966, 8.178702, 8.378415 ] }, { "date": "2023-11-24", "close": 8.109879, "volume": 9727199, "typical_volume": 11036415.65, "trend": 8.559387, "fair_value": 7.659573, "relative_strength": -1.575255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.356236, "energy": 19.563554, "activity_lines": [ 8.100589, 8.045274, 8.149697, 8.349282 ] }, { "date": "2023-12-01", "close": 8.144716, "volume": 10336764, "typical_volume": 10638193.8, "trend": 8.537788, "fair_value": 7.667188, "relative_strength": -0.794171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.090812, "energy": 17.070445, "activity_lines": [ 8.126136, 8.060348, 8.130482, 8.322529 ] }, { "date": "2023-12-08", "close": 8.019304, "volume": 10502066, "typical_volume": 10170907.7, "trend": 8.518221, "fair_value": 7.67557, "relative_strength": -0.282426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.262925, "energy": 18.912182, "activity_lines": [ 8.097802, 8.053001, 8.105334, 8.289079 ] }, { "date": "2023-12-15", "close": 8.095945, "volume": 12052601, "typical_volume": 10203621.0, "trend": 8.508571, "fair_value": 7.684966, "relative_strength": 1.543613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.072737, "energy": 19.021976, "activity_lines": [ 8.093158, 8.063895, 8.093721, 8.261835 ] }, { "date": "2023-12-22", "close": 8.061108, "volume": 12652920, "typical_volume": 10380418.6, "trend": 8.477744, "fair_value": 7.696326, "relative_strength": 2.014136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.883761, "energy": 19.788474, "activity_lines": [ 8.076436, 8.072003, 8.082541, 8.232967 ] }, { "date": "2023-12-29", "close": 8.534882, "volume": 13879333, "typical_volume": 10609907.25, "trend": 8.46179, "fair_value": 7.710692, "relative_strength": 5.688633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.655667, "energy": 5.133761, "activity_lines": [ 8.226, 8.166884, 8.119832, 8.236653 ] }, { "date": "2024-01-05", "close": 8.646358, "volume": 13331914, "typical_volume": 10885815.05, "trend": 8.448861, "fair_value": 7.729623, "relative_strength": 8.506887, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.989757, "energy": 15.209809, "activity_lines": [ 8.384389, 8.262652, 8.168504, 8.24856 ] }, { "date": "2024-01-12", "close": 8.987752, "volume": 21829622, "typical_volume": 11280123.65, "trend": 8.445472, "fair_value": 7.75028, "relative_strength": 14.166286, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.28413, "energy": 50.058165, "activity_lines": [ 8.623133, 8.408077, 8.248494, 8.283328 ] }, { "date": "2024-01-19", "close": 8.381602, "volume": 22506517, "typical_volume": 11849288.3, "trend": 8.415206, "fair_value": 7.767359, "relative_strength": 8.015844, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.218853, "energy": 42.827004, "activity_lines": [ 8.595264, 8.425179, 8.268334, 8.279207 ] }, { "date": "2024-01-26", "close": 8.214387, "volume": 22883334, "typical_volume": 12229567.5, "trend": 8.382817, "fair_value": 7.785122, "relative_strength": 2.771979, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.358691, "energy": 30.39291, "activity_lines": [ 8.492613, 8.406557, 8.269396, 8.266251 ] }, { "date": "2024-02-02", "close": 6.500444, "volume": 22196736, "typical_volume": 12886276.1, "trend": 8.283865, "fair_value": 7.79313, "relative_strength": -13.232048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.791206, "energy": 44.549846, "activity_lines": [ 7.808429, 8.075803, 8.107258, 8.144807 ] }, { "date": "2024-02-09", "close": 6.026671, "volume": 26832016, "typical_volume": 13843620.9, "trend": 8.171191, "fair_value": 7.794374, "relative_strength": -22.9431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.497303, "energy": 77.559018, "activity_lines": [ 7.10195, 7.68817, 7.908824, 7.999182 ] }, { "date": "2024-02-23", "close": 6.667658, "volume": 14679564, "typical_volume": 14158311.7, "trend": 8.082474, "fair_value": 7.796802, "relative_strength": -18.235971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.054883, "energy": 79.051621, "activity_lines": [ 6.783779, 7.455591, 7.781622, 7.90218 ] }, { "date": "2024-03-01", "close": 6.744298, "volume": 17282913, "typical_volume": 14784339.2, "trend": 8.011176, "fair_value": 7.807482, "relative_strength": -17.407147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.766477, "energy": 79.317818, "activity_lines": [ 6.645827, 7.261521, 7.669283, 7.815846 ] }, { "date": "2024-03-08", "close": 6.96725, "volume": 14339327, "typical_volume": 15185681.45, "trend": 7.951258, "fair_value": 7.816388, "relative_strength": -14.803315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.313671, "energy": 74.07004, "activity_lines": [ 6.691347, 7.132564, 7.585544, 7.748496 ] }, { "date": "2024-03-15", "close": 7.162333, "volume": 14863256, "typical_volume": 15251399.0, "trend": 7.900165, "fair_value": 7.827992, "relative_strength": -12.33255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.565624, "energy": 42.968967, "activity_lines": [ 6.885036, 7.058964, 7.525758, 7.697598 ] }, { "date": "2024-03-22", "close": 7.434055, "volume": 12809194, "typical_volume": 15419704.8, "trend": 7.868115, "fair_value": 7.838874, "relative_strength": -8.505213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.655573, "energy": 26.931288, "activity_lines": [ 7.125174, 7.059724, 7.49331, 7.667526 ] }, { "date": "2024-03-29", "close": 7.364384, "volume": 11110930, "typical_volume": 15382151.4, "trend": 7.830957, "fair_value": 7.847246, "relative_strength": -8.86561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.191752, "energy": 19.245038, "activity_lines": [ 7.248262, 7.069859, 7.456749, 7.635027 ] }, { "date": "2024-04-05", "close": 7.49676, "volume": 8771426, "typical_volume": 15229354.3, "trend": 7.821435, "fair_value": 7.855604, "relative_strength": -7.836231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.288407, "energy": 20.631222, "activity_lines": [ 7.369028, 7.133577, 7.435781, 7.613466 ] }, { "date": "2024-04-12", "close": 7.733648, "volume": 26125068, "typical_volume": 15935635.0, "trend": 7.805178, "fair_value": 7.867052, "relative_strength": -3.239109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.093746, "energy": 17.41486, "activity_lines": [ 7.518592, 7.256454, 7.440193, 7.607802 ] }, { "date": "2024-04-19", "close": 8.179551, "volume": 30294516, "typical_volume": 16964000.85, "trend": 7.799372, "fair_value": 7.879356, "relative_strength": 0.720721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.065442, "energy": 14.305251, "activity_lines": [ 7.765697, 7.469145, 7.48923, 7.631956 ] }, { "date": "2024-04-26", "close": 8.095945, "volume": 40412224, "typical_volume": 18467773.85, "trend": 7.797049, "fair_value": 7.891031, "relative_strength": -1.150498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.872004, "energy": 20.940994, "activity_lines": [ 7.917118, 7.636106, 7.529971, 7.651089 ] }, { "date": "2024-05-03", "close": 8.38857, "volume": 11696561, "typical_volume": 18527498.6, "trend": 7.801462, "fair_value": 7.906277, "relative_strength": 1.721237, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.437345, "energy": 28.794358, "activity_lines": [ 8.121956, 7.818648, 7.598815, 7.689252 ] }, { "date": "2024-05-10", "close": 7.987979, "volume": 29623854, "typical_volume": 19406061.25, "trend": 7.79136, "fair_value": 7.919108, "relative_strength": -4.584707, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.56786, "energy": 36.333026, "activity_lines": [ 8.124984, 7.897066, 7.627748, 7.701285 ] }, { "date": "2024-05-17", "close": 7.416, "volume": 36299925, "typical_volume": 20588411.5, "trend": 7.768696, "fair_value": 7.927257, "relative_strength": -11.254556, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.793838, "energy": 16.851966, "activity_lines": [ 7.904604, 7.848876, 7.602721, 7.677068 ] }, { "date": "2024-05-24", "close": 7.100426, "volume": 19928087, "typical_volume": 20890849.2, "trend": 7.756413, "fair_value": 7.933536, "relative_strength": -13.072221, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.442709, "energy": 18.553958, "activity_lines": [ 7.60021, 7.735149, 7.550711, 7.633954 ] }, { "date": "2024-05-31", "close": 7.060979, "volume": 10407274, "typical_volume": 20744617.2, "trend": 7.726327, "fair_value": 7.940672, "relative_strength": -13.214023, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.771107, "energy": 32.585003, "activity_lines": [ 7.354608, 7.615376, 7.501776, 7.589088 ] }, { "date": "2024-06-07", "close": 7.514617, "volume": 49952733, "typical_volume": 22150772.75, "trend": 7.710433, "fair_value": 7.950277, "relative_strength": -6.328376, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.227961, "energy": 30.010126, "activity_lines": [ 7.329217, 7.584865, 7.503593, 7.575429 ] }, { "date": "2024-06-14", "close": 7.386415, "volume": 31875053, "typical_volume": 22619199.55, "trend": 7.687015, "fair_value": 7.958272, "relative_strength": -7.114893, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.191717, "energy": 28.200634, "activity_lines": [ 7.319355, 7.528314, 7.500216, 7.554524 ] }, { "date": "2024-06-21", "close": 6.617202, "volume": 32108274, "typical_volume": 23080446.55, "trend": 7.634704, "fair_value": 7.962562, "relative_strength": -15.454869, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.014334, "energy": 50.02056, "activity_lines": [ 7.093194, 7.333912, 7.428319, 7.485504 ] }, { "date": "2024-06-28", "close": 6.705958, "volume": 17600820, "typical_volume": 22850650.75, "trend": 7.587907, "fair_value": 7.967071, "relative_strength": -13.063233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.548514, "energy": 46.968015, "activity_lines": [ 6.94987, 7.175947, 7.372481, 7.425585 ] }, { "date": "2024-07-05", "close": 6.489, "volume": 9849298, "typical_volume": 22001514.85, "trend": 7.532716, "fair_value": 7.969927, "relative_strength": -14.954389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.457852, "energy": 58.104181, "activity_lines": [ 6.760526, 7.005327, 7.295001, 7.354688 ] }, { "date": "2024-07-12", "close": 6.60734, "volume": 12079046, "typical_volume": 21871488.95, "trend": 7.485651, "fair_value": 7.973716, "relative_strength": -13.554587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.203524, "energy": 63.99766, "activity_lines": [ 6.64876, 6.88544, 7.226591, 7.294986 ] }, { "date": "2024-07-19", "close": 6.705958, "volume": 11337495, "typical_volume": 21574218.05, "trend": 7.439318, "fair_value": 7.976472, "relative_strength": -12.132363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.324711, "energy": 59.477938, "activity_lines": [ 6.630351, 6.815871, 7.167859, 7.244684 ] }, { "date": "2024-07-26", "close": 6.587617, "volume": 13312455, "typical_volume": 21522874.45, "trend": 7.390201, "fair_value": 7.979697, "relative_strength": -10.548454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.463665, "energy": 56.544957, "activity_lines": [ 6.61786, 6.748094, 7.09804, 7.189735 ] }, { "date": "2024-08-02", "close": 6.646787, "volume": 21109353, "typical_volume": 21835179.3, "trend": 7.327265, "fair_value": 7.983432, "relative_strength": -9.842086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.462515, "energy": 40.615243, "activity_lines": [ 6.627064, 6.706137, 7.035664, 7.141773 ] }, { "date": "2024-08-09", "close": 6.360798, "volume": 14901792, "typical_volume": 21939809.2, "trend": 7.251079, "fair_value": 7.983494, "relative_strength": -12.118929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.203893, "energy": 43.064357, "activity_lines": [ 6.544883, 6.62043, 6.948506, 7.07942 ] }, { "date": "2024-08-16", "close": 6.291766, "volume": 7274354, "typical_volume": 21747980.4, "trend": 7.161213, "fair_value": 7.983902, "relative_strength": -13.29011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.848776, "energy": 54.067124, "activity_lines": [ 6.448238, 6.534902, 6.859884, 7.017529 ] }, { "date": "2024-08-23", "close": 5.749372, "volume": 13278512, "typical_volume": 21973334.7, "trend": 7.073472, "fair_value": 7.979693, "relative_strength": -19.690523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.710173, "energy": 72.446775, "activity_lines": [ 6.191834, 6.37299, 6.724713, 6.926442 ] }, { "date": "2024-08-30", "close": 5.907159, "volume": 9685509, "typical_volume": 21151356.75, "trend": 6.996565, "fair_value": 7.976365, "relative_strength": -16.732101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.590835, "energy": 74.605358, "activity_lines": [ 6.051798, 6.269532, 6.61289, 6.851196 ] }, { "date": "2024-09-06", "close": 5.640893, "volume": 9057860, "typical_volume": 20089523.95, "trend": 6.967913, "fair_value": 7.966421, "relative_strength": -17.972531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.915679, "energy": 83.825512, "activity_lines": [ 5.86837, 6.130572, 6.484407, 6.763734 ] }, { "date": "2024-09-13", "close": 5.285872, "volume": 11814368, "typical_volume": 18659631.15, "trend": 6.94322, "fair_value": 7.956217, "relative_strength": -20.971766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.826318, "energy": 89.735711, "activity_lines": [ 5.633661, 5.946427, 6.3342, 6.655215 ] }, { "date": "2024-09-20", "close": 5.236564, "volume": 9374355, "typical_volume": 18543520.85, "trend": 6.895517, "fair_value": 7.947758, "relative_strength": -22.181083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.502867, "energy": 90.934307, "activity_lines": [ 5.454178, 5.775192, 6.192679, 6.545108 ] }, { "date": "2024-09-27", "close": 5.976192, "volume": 21560566, "typical_volume": 18140356.45, "trend": 6.869913, "fair_value": 7.94439, "relative_strength": -20.854648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.094141, "energy": 77.828881, "activity_lines": [ 5.591585, 5.763358, 6.136608, 6.485797 ] }, { "date": "2024-10-04", "close": 6.518585, "volume": 13646344, "typical_volume": 17007677.4, "trend": 6.854958, "fair_value": 7.945638, "relative_strength": -19.682572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.05913, "energy": 40.877911, "activity_lines": [ 5.894668, 5.863409, 6.141774, 6.463131 ] }, { "date": "2024-10-11", "close": 5.96633, "volume": 41220479, "typical_volume": 18072297.0, "trend": 6.815091, "fair_value": 7.94098, "relative_strength": -23.281806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.928755, "energy": 27.054917, "activity_lines": [ 5.972904, 5.864306, 6.098617, 6.4058 ] }, { "date": "2024-10-18", "close": 5.946607, "volume": 26066255, "typical_volume": 18855246.05, "trend": 6.765509, "fair_value": 7.937729, "relative_strength": -24.080547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.930043, "energy": 25.009766, "activity_lines": [ 6.022871, 5.873988, 6.058983, 6.349769 ] }, { "date": "2024-10-25", "close": 6.321351, "volume": 30627193, "typical_volume": 17888969.05, "trend": 6.730741, "fair_value": 7.937625, "relative_strength": -19.851595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.639483, "energy": 22.605457, "activity_lines": [ 6.153702, 5.959337, 6.060345, 6.321113 ] }, { "date": "2024-11-01", "close": 6.124117, "volume": 30258003, "typical_volume": 17808116.55, "trend": 6.684987, "fair_value": 7.937659, "relative_strength": -21.208962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.479576, "energy": 15.650224, "activity_lines": [ 6.14647, 6.008287, 6.048605, 6.281976 ] }, { "date": "2024-11-08", "close": 6.991947, "volume": 51163066, "typical_volume": 18760856.15, "trend": 6.660263, "fair_value": 7.942687, "relative_strength": -14.317227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.428549, "energy": 18.175033, "activity_lines": [ 6.418653, 6.208211, 6.125526, 6.30178 ] }, { "date": "2024-11-15", "close": 6.636926, "volume": 34124585, "typical_volume": 19587044.4, "trend": 6.608842, "fair_value": 7.946622, "relative_strength": -15.237791, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.308677, "energy": 17.953706, "activity_lines": [ 6.540939, 6.323862, 6.166851, 6.300274 ] }, { "date": "2024-11-22", "close": 6.646787, "volume": 25517124, "typical_volume": 20370435.7, "trend": 6.560537, "fair_value": 7.951847, "relative_strength": -13.001464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.71456, "energy": 26.133772, "activity_lines": [ 6.621804, 6.423196, 6.209444, 6.302722 ] }, { "date": "2024-11-29", "close": 7.041255, "volume": 24916259, "typical_volume": 21012296.35, "trend": 6.515627, "fair_value": 7.958199, "relative_strength": -9.068917, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.515016, "energy": 46.803423, "activity_lines": [ 6.787481, 6.569507, 6.288854, 6.333737 ] }, { "date": "2024-12-06", "close": 7.130011, "volume": 24903598, "typical_volume": 21690601.5, "trend": 6.487028, "fair_value": 7.966259, "relative_strength": -9.580042, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.363852, "energy": 53.012952, "activity_lines": [ 6.934749, 6.699144, 6.374651, 6.373374 ] }, { "date": "2024-12-13", "close": 7.060979, "volume": 24074942, "typical_volume": 22228725.85, "trend": 6.475194, "fair_value": 7.971773, "relative_strength": -9.669436, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.941102, "energy": 50.619055, "activity_lines": [ 6.991947, 6.795251, 6.451854, 6.410403 ] }, { "date": "2024-12-20", "close": 6.765128, "volume": 23114389, "typical_volume": 22328977.65, "trend": 6.464017, "fair_value": 7.974164, "relative_strength": -12.298896, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.81736, "energy": 37.465024, "activity_lines": [ 6.945926, 6.827705, 6.498627, 6.429109 ] }, { "date": "2024-12-27", "close": 8.244383, "volume": 188554426, "typical_volume": 31011609.35, "trend": 6.503464, "fair_value": 7.985686, "relative_strength": 6.173465, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.562217, "energy": 69.134554, "activity_lines": [ 7.384443, 7.114591, 6.685718, 6.543971 ] }, { "date": "2025-01-03", "close": 7.899224, "volume": 144136815, "typical_volume": 37854732.4, "trend": 6.516284, "fair_value": 7.992497, "relative_strength": 8.078666, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.002723, "energy": 65.984898, "activity_lines": [ 7.6014, 7.296943, 6.830966, 6.63402 ] }, { "date": "2025-01-10", "close": 7.307521, "volume": 250083574, "typical_volume": 49694985.5, "trend": 6.513654, "fair_value": 7.997707, "relative_strength": 1.892551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.359695, "energy": 48.090715, "activity_lines": [ 7.563926, 7.343024, 6.912208, 6.685068 ] }, { "date": "2025-01-17", "close": 6.844021, "volume": 99673984, "typical_volume": 54194409.25, "trend": 6.521215, "fair_value": 8.000253, "relative_strength": -5.922673, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.359063, "energy": 39.371041, "activity_lines": [ 7.360117, 7.283315, 6.941887, 6.706382 ] }, { "date": "2025-01-24", "close": 6.814436, "volume": 58540007, "typical_volume": 56668516.6, "trend": 6.524831, "fair_value": 8.004888, "relative_strength": -5.943902, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.211092, "energy": 21.933317, "activity_lines": [ 7.160911, 7.220918, 6.964287, 6.725299 ] }, { "date": "2025-01-31", "close": 6.834159, "volume": 10110960, "typical_volume": 56583346.2, "trend": 6.536336, "fair_value": 8.009123, "relative_strength": -5.022385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.72027, "energy": 20.540347, "activity_lines": [ 6.964991, 7.158878, 6.982977, 6.745256 ] }, { "date": "2025-02-07", "close": 7.041255, "volume": 35078973, "typical_volume": 57868577.1, "trend": 6.5508, "fair_value": 8.013196, "relative_strength": -3.506834, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.474047, "energy": 20.646881, "activity_lines": [ 6.932119, 7.131086, 7.014018, 6.777831 ] }, { "date": "2025-02-14", "close": 6.982085, "volume": 55424749, "typical_volume": 59561786.25, "trend": 6.560004, "fair_value": 8.017328, "relative_strength": -5.535007, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.267928, "energy": 17.409588, "activity_lines": [ 6.936721, 7.092536, 7.03083, 6.805656 ] }, { "date": "2025-02-21", "close": 7.041255, "volume": 52590369, "typical_volume": 61508987.5, "trend": 6.575125, "fair_value": 8.022584, "relative_strength": -5.536385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.395922, "energy": 14.267636, "activity_lines": [ 6.982742, 7.067433, 7.048487, 6.836704 ] }, { "date": "2025-02-28", "close": 7.29766, "volume": 72129729, "typical_volume": 63054450.0, "trend": 6.596821, "fair_value": 8.031061, "relative_strength": -0.353728, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.948788, "energy": 22.592752, "activity_lines": [ 7.101083, 7.089309, 7.088075, 6.88332 ] }, { "date": "2025-03-07", "close": 7.23849, "volume": 40746156, "typical_volume": 63788445.05, "trend": 6.626078, "fair_value": 8.038677, "relative_strength": -2.555489, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.832448, "energy": 20.333455, "activity_lines": [ 7.167485, 7.090743, 7.115688, 6.924718 ] }, { "date": "2025-03-14", "close": 7.662543, "volume": 46400361, "typical_volume": 64577103.45, "trend": 6.67177, "fair_value": 8.046338, "relative_strength": 1.827254, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.16529, "energy": 36.514913, "activity_lines": [ 7.348283, 7.187567, 7.177535, 6.991586 ] }, { "date": "2025-03-21", "close": 7.948533, "volume": 63833726, "typical_volume": 66255889.6, "trend": 6.745076, "fair_value": 8.05684, "relative_strength": 7.417889, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.068852, "energy": 53.912623, "activity_lines": [ 7.582992, 7.340693, 7.260232, 7.073958 ] }, { "date": "2025-03-28", "close": 7.593511, "volume": 43932551, "typical_volume": 65894363.85, "trend": 6.801287, "fair_value": 8.064453, "relative_strength": 3.174687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.759726, "energy": 55.987064, "activity_lines": [ 7.63493, 7.417614, 7.30043, 7.128696 ] }, { "date": "2025-04-04", "close": 7.494894, "volume": 21302911, "typical_volume": 65253280.15, "trend": 6.863087, "fair_value": 8.072223, "relative_strength": 2.297143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.130061, "energy": 55.168426, "activity_lines": [ 7.617179, 7.462978, 7.328372, 7.173445 ] }, { "date": "2025-04-11", "close": 7.859776, "volume": 81395164, "typical_volume": 68047182.15, "trend": 6.948884, "fair_value": 8.083734, "relative_strength": 10.845851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.616435, "energy": 54.56874, "activity_lines": [ 7.707907, 7.562312, 7.386979, 7.237747 ] }, { "date": "2025-04-18", "close": 7.948533, "volume": 79214295, "typical_volume": 70762083.95, "trend": 7.039283, "fair_value": 8.082491, "relative_strength": 11.017039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.347455, "energy": 46.435264, "activity_lines": [ 7.7868, 7.659136, 7.448262, 7.302241 ] }, { "date": "2025-04-25", "close": 8.185213, "volume": 47014972, "typical_volume": 71867652.65, "trend": 7.112917, "fair_value": 8.082415, "relative_strength": 13.824142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.269145, "energy": 49.506897, "activity_lines": [ 7.925522, 7.782497, 7.527766, 7.376172 ] }, { "date": "2025-05-02", "close": 8.273969, "volume": 34061607, "typical_volume": 72366985.9, "trend": 7.17143, "fair_value": 8.082864, "relative_strength": 15.80297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.589588, "energy": 54.449502, "activity_lines": [ 8.078049, 7.90012, 7.610698, 7.451078 ] }, { "date": "2025-05-09", "close": 8.619127, "volume": 41116327, "typical_volume": 73267082.8, "trend": 7.259857, "fair_value": 8.087366, "relative_strength": 18.312018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.524983, "energy": 63.951142, "activity_lines": [ 8.300266, 8.058087, 7.720727, 7.544478 ] }, { "date": "2025-05-16", "close": 8.8065, "volume": 83831342, "typical_volume": 68030928.6, "trend": 7.355186, "fair_value": 8.091054, "relative_strength": 19.691319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.417916, "energy": 67.386764, "activity_lines": [ 8.509992, 8.226094, 7.839772, 7.644261 ] }, { "date": "2025-05-23", "close": 8.668436, "volume": 69649782, "typical_volume": 64306576.95, "trend": 7.433422, "fair_value": 8.097274, "relative_strength": 18.184742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.183969, "energy": 60.505764, "activity_lines": [ 8.610581, 8.34049, 7.942991, 7.728987 ] }, { "date": "2025-05-30", "close": 8.648713, "volume": 39369137, "typical_volume": 53770855.1, "trend": 7.517576, "fair_value": 8.097628, "relative_strength": 17.641127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.684137, "energy": 56.139735, "activity_lines": [ 8.656602, 8.433011, 8.040669, 7.807393 ] }, { "date": "2025-06-06", "close": 9.013597, "volume": 31628759, "typical_volume": 50368593.85, "trend": 7.584964, "fair_value": 8.095368, "relative_strength": 21.021128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.427208, "energy": 52.203687, "activity_lines": [ 8.793351, 8.579143, 8.166711, 7.903911 ] }, { "date": "2025-06-13", "close": 8.796638, "volume": 39823202, "typical_volume": 49432753.6, "trend": 7.656954, "fair_value": 8.090402, "relative_strength": 18.225694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.428048, "energy": 42.989743, "activity_lines": [ 8.808473, 8.660009, 8.261759, 7.982083 ] }, { "date": "2025-06-20", "close": 8.520511, "volume": 25439850, "typical_volume": 50199198.1, "trend": 7.719412, "fair_value": 8.082615, "relative_strength": 14.768029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.962498, "energy": 37.763882, "activity_lines": [ 8.719717, 8.667002, 8.32107, 8.037796 ] }, { "date": "2025-06-27", "close": 8.97415, "volume": 26288189, "typical_volume": 49759658.9, "trend": 7.783842, "fair_value": 8.078558, "relative_strength": 18.23601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.400913, "energy": 39.802961, "activity_lines": [ 8.801241, 8.744461, 8.415554, 8.118747 ] }, { "date": "2025-07-04", "close": 8.776915, "volume": 27114352, "typical_volume": 48344139.05, "trend": 7.838739, "fair_value": 8.071378, "relative_strength": 13.71225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.250023, "energy": 32.53653, "activity_lines": [ 8.796639, 8.767412, 8.48205, 8.182817 ] }, { "date": "2025-07-11", "close": 9.043181, "volume": 31425723, "typical_volume": 47285906.75, "trend": 7.904812, "fair_value": 8.064269, "relative_strength": 15.545917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.829357, "energy": 39.035902, "activity_lines": [ 8.872245, 8.828017, 8.565358, 8.260523 ] }, { "date": "2025-07-18", "close": 9.31, "volume": 46520983, "typical_volume": 46005469.45, "trend": 7.989641, "fair_value": 8.058781, "relative_strength": 17.745603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.984205, "energy": 53.681644, "activity_lines": [ 9.034819, 8.923148, 8.664544, 8.35118 ] }, { "date": "2025-07-25", "close": 9.45, "volume": 36408398, "typical_volume": 45788581.55, "trend": 8.029828, "fair_value": 8.053262, "relative_strength": 17.194787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.157444, "energy": 60.562585, "activity_lines": [ 9.209835, 9.031173, 8.767481, 8.445397 ] }, { "date": "2025-08-01", "close": 9.35, "volume": 33235425, "typical_volume": 45130334.75, "trend": 8.078187, "fair_value": 8.048429, "relative_strength": 16.71365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.20191, "energy": 65.384358, "activity_lines": [ 9.289552, 9.109316, 8.850364, 8.530569 ] }, { "date": "2025-08-08", "close": 10.86, "volume": 53373728, "typical_volume": 44607334.85, "trend": 8.196603, "fair_value": 8.050576, "relative_strength": 31.896638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.276121, "energy": 85.419821, "activity_lines": [ 9.847545, 9.449612, 9.06902, 8.710041 ] }, { "date": "2025-08-15", "close": 11.75, "volume": 193682098, "typical_volume": 52094812.2, "trend": 8.360136, "fair_value": 8.05666, "relative_strength": 39.152635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.855421, "energy": 96.126946, "activity_lines": [ 10.563333, 9.911521, 9.358574, 8.939292 ] }, { "date": "2025-08-22", "close": 12.05, "volume": 96308349, "typical_volume": 55845084.1, "trend": 8.534655, "fair_value": 8.065728, "relative_strength": 36.588307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.843558, "energy": 95.774152, "activity_lines": [ 11.198667, 10.378223, 9.656906, 9.177348 ] }, { "date": "2025-08-29", "close": 11.25, "volume": 53957891, "typical_volume": 54473220.45, "trend": 8.68185, "fair_value": 8.073649, "relative_strength": 25.579612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.968519, "energy": 87.785706, "activity_lines": [ 11.384667, 10.640319, 9.857358, 9.352531 ] }, { "date": "2025-09-05", "close": 11.2, "volume": 133092686, "typical_volume": 57167140.0, "trend": 8.820474, "fair_value": 8.082046, "relative_strength": 25.57659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.987384, "energy": 81.456442, "activity_lines": [ 11.434, 10.843696, 10.036903, 9.514993 ] }, { "date": "2025-09-12", "close": 11.16, "volume": 45125960, "typical_volume": 57072689.4, "trend": 8.959738, "fair_value": 8.092355, "relative_strength": 22.316753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.381722, "energy": 60.307194, "activity_lines": [ 11.346667, 10.999331, 10.197156, 9.66593 ] }, { "date": "2025-09-19", "close": 11.3, "volume": 65571786, "typical_volume": 58648198.35, "trend": 9.101696, "fair_value": 8.104623, "relative_strength": 24.428281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.576972, "energy": 50.546326, "activity_lines": [ 11.286, 11.137091, 10.356576, 9.816914 ] }, { "date": "2025-09-26", "close": 10.88, "volume": 33805692, "typical_volume": 58282666.6, "trend": 9.221108, "fair_value": 8.116145, "relative_strength": 18.682285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.006022, "energy": 39.019079, "activity_lines": [ 11.115333, 11.157455, 10.461586, 9.931644 ] }, { "date": "2025-10-03", "close": 11.19, "volume": 17441338, "typical_volume": 54963166.4, "trend": 9.352825, "fair_value": 8.125762, "relative_strength": 19.454717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.96193, "energy": 34.754469, "activity_lines": [ 11.126, 11.205636, 10.585355, 10.058669 ] }, { "date": "2025-10-10", "close": 11.72, "volume": 21300367, "typical_volume": 52545695.65, "trend": 9.488073, "fair_value": 8.142668, "relative_strength": 23.519585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.474542, "energy": 39.620946, "activity_lines": [ 11.317333, 11.318545, 10.748249, 10.21139 ] }, { "date": "2025-10-17", "close": 11.82, "volume": 67619726, "typical_volume": 53958225.1, "trend": 9.617122, "fair_value": 8.15942, "relative_strength": 25.190594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.785869, "energy": 42.102116, "activity_lines": [ 11.507333, 11.406545, 10.906137, 10.361837 ] }, { "date": "2025-10-24", "close": 12.45, "volume": 50222882, "typical_volume": 54887931.25, "trend": 9.779005, "fair_value": 8.183572, "relative_strength": 26.945697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.270047, "energy": 51.251132, "activity_lines": [ 11.863333, 11.591636, 11.108922, 10.544603 ] }, { "date": "2025-10-31", "close": 12.71, "volume": 82690121, "typical_volume": 57031277.2, "trend": 9.952842, "fair_value": 8.20625, "relative_strength": 28.11807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.914442, "energy": 58.813183, "activity_lines": [ 12.229333, 11.811273, 11.320106, 10.7337 ] }, { "date": "2025-11-07", "close": 12.28, "volume": 35959809, "typical_volume": 57557275.15, "trend": 10.100183, "fair_value": 8.226393, "relative_strength": 21.484677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.037269, "energy": 58.452474, "activity_lines": [ 12.33, 11.940727, 11.471702, 10.883839 ] }, { "date": "2025-11-14", "close": 12.54, "volume": 42896474, "typical_volume": 58387689.4, "trend": 10.253232, "fair_value": 8.250414, "relative_strength": 23.199084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.035499, "energy": 63.541047, "activity_lines": [ 12.444667, 12.098727, 11.630158, 11.041246 ] }, { "date": "2025-11-21", "close": 10.9, "volume": 34936505, "typical_volume": 58778797.05, "trend": 10.343725, "fair_value": 8.262551, "relative_strength": 10.757336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.389993, "energy": 34.668432, "activity_lines": [ 11.958, 11.934182, 11.615444, 11.082973 ] }, { "date": "2025-11-28", "close": 11.44, "volume": 26057841, "typical_volume": 58510402.95, "trend": 10.449259, "fair_value": 8.279787, "relative_strength": 13.934422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.24332, "energy": 21.478499, "activity_lines": [ 11.712667, 11.872545, 11.642048, 11.153701 ] }, { "date": "2025-12-05", "close": 11.36, "volume": 19212773, "typical_volume": 57144992.45, "trend": 10.540621, "fair_value": 8.297749, "relative_strength": 12.044614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.634293, "energy": 19.732291, "activity_lines": [ 11.508, 11.793818, 11.649619, 11.212458 ] }, { "date": "2025-12-12", "close": 11.34, "volume": 26065450, "typical_volume": 56627845.05, "trend": 10.625071, "fair_value": 8.316821, "relative_strength": 11.545888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.234648, "energy": 21.984308, "activity_lines": [ 11.386667, 11.702727, 11.645524, 11.264031 ] }, { "date": "2025-12-19", "close": 11.47, "volume": 36263183, "typical_volume": 56779232.95, "trend": 10.718457, "fair_value": 8.336107, "relative_strength": 12.018275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.960121, "energy": 13.809749, "activity_lines": [ 11.371333, 11.632545, 11.64481, 11.318543 ] }, { "date": "2025-12-26", "close": 11.9, "volume": 24413691, "typical_volume": 55331231.1, "trend": 10.826833, "fair_value": 8.357131, "relative_strength": 13.59121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.971185, "energy": 12.242875, "activity_lines": [ 11.570667, 11.645091, 11.674952, 11.394771 ] }, { "date": "2026-01-02", "close": 11.98, "volume": 13723309, "typical_volume": 46333291.65, "trend": 10.925713, "fair_value": 8.379377, "relative_strength": 13.743683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.537871, "energy": 20.411199, "activity_lines": [ 11.73, 11.670727, 11.707762, 11.469169 ] }, { "date": "2026-01-09", "close": 12.21, "volume": 34617781, "typical_volume": 43248763.25, "trend": 11.039492, "fair_value": 8.405973, "relative_strength": 11.133471, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.641468, "energy": 28.723571, "activity_lines": [ 11.93, 11.746727, 11.761381, 11.552026 ] }, { "date": "2026-01-16", "close": 12.96, "volume": 44457151, "typical_volume": 42773726.25, "trend": 11.187475, "fair_value": 8.43888, "relative_strength": 17.603051, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.82695, "energy": 64.295769, "activity_lines": [ 12.323333, 11.968182, 11.885667, 11.67593 ] }, { "date": "2026-01-23", "close": 14.01, "volume": 46799501, "typical_volume": 38459067.0, "trend": 11.355337, "fair_value": 8.47728, "relative_strength": 24.92288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.49464, "energy": 81.528707, "activity_lines": [ 12.958667, 12.368182, 12.10181, 11.858029 ] }, { "date": "2026-01-30", "close": 13.54, "volume": 39164166, "typical_volume": 38160977.3, "trend": 11.514106, "fair_value": 8.513463, "relative_strength": 20.254876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.847447, "energy": 82.041341, "activity_lines": [ 13.268, 12.656, 12.25981, 11.998975 ] }, { "date": "2026-02-06", "close": 13.34, "volume": 29629164, "typical_volume": 36363846.2, "trend": 11.657333, "fair_value": 8.54655, "relative_strength": 19.041874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.182039, "energy": 80.481961, "activity_lines": [ 13.401333, 12.859455, 12.387429, 12.116774 ] }, { "date": "2026-02-13", "close": 13.39, "volume": 24832023, "typical_volume": 35915162.75, "trend": 11.793333, "fair_value": 8.571994, "relative_strength": 18.022235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.668223, "energy": 78.229851, "activity_lines": [ 13.460667, 13.037455, 12.510095, 12.228559 ] }, { "date": "2026-02-27", "close": 13.68, "volume": 44055826, "typical_volume": 37245887.15, "trend": 11.934333, "fair_value": 8.59682, "relative_strength": 17.262133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.347681, "energy": 75.472633, "activity_lines": [ 13.538, 13.231273, 12.648429, 12.35028 ] }, { "date": "2026-03-06", "close": 11.92, "volume": 76883550, "typical_volume": 40025046.3, "trend": 12.02, "fair_value": 8.609744, "relative_strength": 2.646269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.88863, "energy": 26.190193, "activity_lines": [ 12.980667, 13.062545, 12.607286, 12.349355 ] }, { "date": "2026-03-13", "close": 11.64, "volume": 26728425, "typical_volume": 37980481.25, "trend": 12.046, "fair_value": 8.622466, "relative_strength": 0.461204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.886381, "energy": 15.239144, "activity_lines": [ 12.469333, 12.834727, 12.538524, 12.324839 ] }, { "date": "2026-03-20", "close": 10.85, "volume": 21540423, "typical_volume": 36546358.3, "trend": 12.016, "fair_value": 8.630699, "relative_strength": -3.410974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.092396, "energy": 34.103299, "activity_lines": [ 11.821333, 12.468, 12.395381, 12.247677 ] }, { "date": "2026-03-27", "close": 10.91, "volume": 26664532, "typical_volume": 33745078.85, "trend": 11.978, "fair_value": 8.640555, "relative_strength": -2.083757, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.301418, "energy": 44.896509, "activity_lines": [ 11.359333, 12.132727, 12.265571, 12.176323 ] }, { "date": "2026-04-03", "close": 10.77, "volume": 23688147, "typical_volume": 33131495.75, "trend": 11.962, "fair_value": 8.649868, "relative_strength": -2.837172, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.645241, "energy": 62.141512, "activity_lines": [ 11.016, 11.795636, 12.131, 12.098387 ] }, { "date": "2026-04-10", "close": 11.54, "volume": 16460072, "typical_volume": 31809675.65, "trend": 11.973333, "fair_value": 8.665135, "relative_strength": 0.89463, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.32831, "energy": 54.697627, "activity_lines": [ 11.123333, 11.638364, 12.076952, 12.071161 ] }, { "date": "2026-04-17", "close": 11.15, "volume": 18155156, "typical_volume": 30970608.2, "trend": 11.973, "fair_value": 8.679405, "relative_strength": -4.292416, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.575875, "energy": 47.797312, "activity_lines": [ 11.126, 11.455091, 11.990524, 12.018043 ] }, { "date": "2026-04-24", "close": 10.414922, "volume": 22115924, "typical_volume": 30773512.35, "trend": 11.943497, "fair_value": 8.691884, "relative_strength": -11.301324, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.416005, "energy": 52.059348, "activity_lines": [ 10.916307, 11.181622, 11.832897, 11.917522 ] }, { "date": "2026-05-01", "close": 10.542893, "volume": 17533761, "typical_volume": 30689561.75, "trend": 11.93226, "fair_value": 8.705979, "relative_strength": -10.963283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.614365, "energy": 49.557918, "activity_lines": [ 10.778277, 10.984604, 11.69234, 11.82716 ] }, { "date": "2026-05-08", "close": 10.33617, "volume": 20945826, "typical_volume": 30433580.55, "trend": 11.903799, "fair_value": 8.719855, "relative_strength": -14.095881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.378048, "energy": 67.316183, "activity_lines": [ 10.595813, 10.801766, 11.535986, 11.724187 ] }, { "date": "2026-05-15", "close": 10.011319, "volume": 27323052, "typical_volume": 29986574.0, "trend": 11.846843, "fair_value": 8.727667, "relative_strength": -15.810146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.233259, "energy": 76.106853, "activity_lines": [ 10.333987, 10.62066, 11.353473, 11.602091 ] }, { "date": "2026-05-22", "close": 10.523206, "volume": 37111792, "typical_volume": 30621479.05, "trend": 11.803617, "fair_value": 8.739954, "relative_strength": -10.987856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.910318, "energy": 62.189297, "activity_lines": [ 10.344702, 10.567329, 11.226658, 11.516695 ] }, { "date": "2026-05-29", "close": 10.267262, "volume": 70514888, "typical_volume": 33461058.0, "trend": 11.730859, "fair_value": 8.752017, "relative_strength": -12.168169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.341755, "energy": 49.390944, "activity_lines": [ 10.311888, 10.487767, 11.082023, 11.417576 ] }, { "date": "2026-06-05", "close": 12.039177, "volume": 5381243, "typical_volume": 31999231.1, "trend": 11.708498, "fair_value": 8.77159, "relative_strength": 3.752334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.78156, "energy": 21.343975, "activity_lines": [ 10.879557, 10.740967, 11.114298, 11.437467 ] }, { "date": "2026-06-12", "close": 12.659348, "volume": 41699990, "typical_volume": 31861373.05, "trend": 11.721143, "fair_value": 8.79496, "relative_strength": 8.64834, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.59134, "energy": 17.298275, "activity_lines": [ 11.554198, 11.086395, 11.206451, 11.498812 ] }, { "date": "2026-06-19", "close": 13.88, "volume": 169307766, "typical_volume": 37986786.3, "trend": 11.76581, "fair_value": 8.826023, "relative_strength": 16.794571, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.611321, "energy": 47.01866, "activity_lines": [ 12.480844, 11.619408, 11.416288, 11.638093 ] }, { "date": "2026-06-26", "close": 12.6, "volume": 26612480, "typical_volume": 37359202.0, "trend": 11.822477, "fair_value": 8.848527, "relative_strength": 7.267299, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.768382, "energy": 41.941587, "activity_lines": [ 12.722911, 11.877148, 11.504839, 11.691912 ] }, { "date": "2026-07-03", "close": 10.82, "volume": 26508237, "typical_volume": 37203155.65, "trend": 11.80181, "fair_value": 8.858337, "relative_strength": -8.292698, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.887616, "energy": 25.437265, "activity_lines": [ 12.233192, 11.784888, 11.428342, 11.627236 ] }, { "date": "2026-07-10", "close": 10.19, "volume": 55326963, "typical_volume": 38727902.65, "trend": 11.76281, "fair_value": 8.864773, "relative_strength": -12.619037, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -42.44687, "energy": 20.942493, "activity_lines": [ 11.496623, 11.570717, 11.303845, 11.523248 ] }, { "date": "2026-07-17", "close": 8.55, "volume": 38586540, "typical_volume": 38454438.35, "trend": 11.66981, "fair_value": 8.858882, "relative_strength": -22.006627, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -69.064974, "energy": 49.371654, "activity_lines": [ 10.336667, 11.064781, 11.038396, 11.31597 ] }, { "date": "2026-07-24", "close": 8.08, "volume": 51912271, "typical_volume": 37205874.4, "trend": 11.55681, "fair_value": 8.850376, "relative_strength": -27.012501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.007073, "energy": 75.565607, "activity_lines": [ 9.294, 10.505866, 10.752614, 11.08437 ] }, { "date": "2026-07-31", "close": 8.45, "volume": 30711164, "typical_volume": 37405011.35, "trend": 11.44181, "fair_value": 8.84474, "relative_strength": -23.815678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.832261, "energy": 84.619873, "activity_lines": [ 8.761333, 10.049339, 10.520355, 10.88393 ] }, { "date": "2026-08-07", "close": 9.64, "volume": 46305088, "typical_volume": 38643244.6, "trend": 11.36381, "fair_value": 8.849591, "relative_strength": -15.36308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.465331, "energy": 78.639363, "activity_lines": [ 8.902, 9.84687, 10.416621, 10.767684 ] } ], "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." } } }