{ "ticker": { "uuid": "60dcd8a9-a9c4-432b-8159-5e62b123fe1c", "symbol": "601857", "name": "PetroChina Company Limited", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 59.168, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -14.637, "architecture_energy": 32.344, "architecture_maturity": 63.247, "architecture_confidence": 43.706, "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": 48.24, "rotation_up": 51.74, "upward_expansion": 31.02, "deceleration": 38.5, "rotation_down": 18.19, "downward_expansion": 51.35 }, "activity_lines": [ 10.740667, 10.224206, 10.376271, 10.650788 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 10.77, "trend_reference": 10.803331, "distance_from_trend": -0.003085, "trend_direction": "Improving", "fair_value": 8.578286, "distance_from_fair_value": 0.255495, "fair_value_direction": "Weakening", "relative_strength": 7.879193, "relative_strength_direction": "Improving", "price_momentum": -0.022686, "excess_performance": 0.020518, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003085, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007042, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.255495, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.050405, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.078792, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.04106, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.022686, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.539983, "read": "Demand-led" } ], "volume": { "latest": 659591175, "relative_activity": 0.852335, "balance": 1.539983, "dry_up": 1.314596, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.057868, "annualized_volatility": 0.347706, "from_high_reference": -0.213294, "from_low_reference": 0.339552 }, "levels": { "trend_reference": 10.803331, "fair_value_reference": 8.578286, "structural_low": 8.76, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.029562, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.012116, "regime_survival": 0.6, "best_return": 0.270308, "worst_return": -0.059719, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.150754, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.152221, "regime_survival": 0.4, "best_return": 0.44656, "worst_return": -0.045564, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.313574, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.236896, "regime_survival": 0.25, "best_return": 0.619773, "worst_return": 0.006321, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.425489, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.272191, "regime_survival": 0.0, "best_return": 0.763369, "worst_return": 0.087609, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.019058, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": -0.069083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": -0.040816, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-05-09", "tenure": "Developing", "return": 0.030534, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.044172, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": -0.013635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.003488, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.003452, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.060343, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": 0.121324, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-05-01", "tenure": "Established", "return": 0.22377, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.045863, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": -0.081594, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.046647, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.995049, "volume": 564078127, "typical_volume": 961513478.25, "trend": 5.649514, "fair_value": 4.244585, "relative_strength": 34.277701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.244927, "energy": 65.853441, "activity_lines": [ 6.994464, 6.818845, 6.587152, 6.199615 ] }, { "date": "2023-08-04", "close": 6.687864, "volume": 911722413, "typical_volume": 934979922.45, "trend": 5.73118, "fair_value": 4.266089, "relative_strength": 26.788117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.141649, "energy": 50.651778, "activity_lines": [ 6.917229, 6.820976, 6.627552, 6.266606 ] }, { "date": "2023-08-11", "close": 6.837069, "volume": 449901367, "typical_volume": 899012648.65, "trend": 5.817819, "fair_value": 4.288015, "relative_strength": 32.313175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.48281, "energy": 44.383423, "activity_lines": [ 6.880952, 6.838868, 6.673988, 6.337953 ] }, { "date": "2023-08-18", "close": 6.740525, "volume": 359934663, "typical_volume": 855030627.3, "trend": 5.89783, "fair_value": 4.309564, "relative_strength": 31.476329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.247014, "energy": 32.317394, "activity_lines": [ 6.808983, 6.833498, 6.701572, 6.397483 ] }, { "date": "2023-08-25", "close": 6.766855, "volume": 426141589, "typical_volume": 829441722.15, "trend": 5.975876, "fair_value": 4.331283, "relative_strength": 33.50773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.677711, "energy": 25.537836, "activity_lines": [ 6.778557, 6.832217, 6.723604, 6.453549 ] }, { "date": "2023-09-01", "close": 6.810739, "volume": 581719537, "typical_volume": 775739927.05, "trend": 6.055953, "fair_value": 4.353136, "relative_strength": 30.091889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.200444, "energy": 25.4548, "activity_lines": [ 6.780313, 6.833398, 6.742564, 6.507411 ] }, { "date": "2023-09-08", "close": 7.07404, "volume": 672584190, "typical_volume": 734050844.0, "trend": 6.145659, "fair_value": 4.376775, "relative_strength": 34.459565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.095531, "energy": 35.07938, "activity_lines": [ 6.882123, 6.875208, 6.782185, 6.573094 ] }, { "date": "2023-09-15", "close": 7.275905, "volume": 685905260, "typical_volume": 702731005.3, "trend": 6.24181, "fair_value": 4.401757, "relative_strength": 36.789117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.416843, "energy": 45.137445, "activity_lines": [ 7.025476, 6.944304, 6.836947, 6.646013 ] }, { "date": "2023-09-22", "close": 7.302234, "volume": 628943599, "typical_volume": 704592262.15, "trend": 6.336565, "fair_value": 4.427588, "relative_strength": 35.229791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.309996, "energy": 57.687701, "activity_lines": [ 7.14835, 7.009252, 6.891605, 6.714428 ] }, { "date": "2023-09-29", "close": 7.185184, "volume": 411201924, "typical_volume": 642844119.6, "trend": 6.419744, "fair_value": 4.45301, "relative_strength": 32.668184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.760157, "energy": 59.064266, "activity_lines": [ 7.194759, 7.051641, 6.932705, 6.769177 ] }, { "date": "2023-10-13", "close": 6.906059, "volume": 554880918, "typical_volume": 621148949.7, "trend": 6.495325, "fair_value": 4.476497, "relative_strength": 27.40493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.662765, "energy": 45.251887, "activity_lines": [ 7.120239, 7.040462, 6.94346, 6.800552 ] }, { "date": "2023-10-20", "close": 6.924067, "volume": 542798208, "typical_volume": 609964307.9, "trend": 6.56042, "fair_value": 4.500558, "relative_strength": 30.979748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.370476, "energy": 32.345643, "activity_lines": [ 7.045366, 7.034174, 6.953619, 6.828213 ] }, { "date": "2023-10-27", "close": 6.68096, "volume": 639152033, "typical_volume": 592010291.95, "trend": 6.622812, "fair_value": 4.52296, "relative_strength": 23.879813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.680367, "energy": 12.849618, "activity_lines": [ 6.899456, 6.979391, 6.936523, 6.83599 ] }, { "date": "2023-11-03", "close": 6.599924, "volume": 744518288, "typical_volume": 593914842.75, "trend": 6.674545, "fair_value": 4.544744, "relative_strength": 20.913163, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.042033, "energy": 16.990473, "activity_lines": [ 6.766198, 6.912712, 6.910958, 6.834513 ] }, { "date": "2023-11-10", "close": 6.374824, "volume": 705638633, "typical_volume": 588726836.7, "trend": 6.712237, "fair_value": 4.565184, "relative_strength": 15.715184, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.928209, "energy": 33.748355, "activity_lines": [ 6.604726, 6.807663, 6.864442, 6.815176 ] }, { "date": "2023-11-17", "close": 6.338809, "volume": 395263067, "typical_volume": 583163649.3, "trend": 6.727411, "fair_value": 4.585343, "relative_strength": 13.636475, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.003219, "energy": 52.267427, "activity_lines": [ 6.485273, 6.703193, 6.814917, 6.791084 ] }, { "date": "2023-11-24", "close": 6.41084, "volume": 350618803, "typical_volume": 565834259.45, "trend": 6.733901, "fair_value": 4.606213, "relative_strength": 14.573488, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.645324, "energy": 55.894305, "activity_lines": [ 6.427648, 6.6204, 6.772602, 6.77066 ] }, { "date": "2023-12-01", "close": 6.464864, "volume": 524451368, "typical_volume": 562566546.6, "trend": 6.725138, "fair_value": 4.627131, "relative_strength": 14.986339, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.217606, "energy": 57.164494, "activity_lines": [ 6.422245, 6.559488, 6.736125, 6.753303 ] }, { "date": "2023-12-08", "close": 6.18574, "volume": 560329347, "typical_volume": 554879343.35, "trend": 6.704798, "fair_value": 4.646011, "relative_strength": 11.559333, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.900461, "energy": 56.614272, "activity_lines": [ 6.338208, 6.462572, 6.674586, 6.718503 ] }, { "date": "2023-12-15", "close": 6.059685, "volume": 418865558, "typical_volume": 556432444.6, "trend": 6.693614, "fair_value": 4.663785, "relative_strength": 9.550401, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.612082, "energy": 70.902797, "activity_lines": [ 6.239764, 6.363037, 6.606024, 6.676883 ] }, { "date": "2023-12-22", "close": 6.149724, "volume": 354939675, "typical_volume": 545975522.0, "trend": 6.684578, "fair_value": 4.681838, "relative_strength": 11.390975, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.840675, "energy": 71.214126, "activity_lines": [ 6.192343, 6.300337, 6.550658, 6.641793 ] }, { "date": "2023-12-29", "close": 6.356816, "volume": 517790067, "typical_volume": 526278904.7, "trend": 6.694384, "fair_value": 4.701268, "relative_strength": 11.948284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.739591, "energy": 60.886118, "activity_lines": [ 6.226558, 6.289041, 6.519041, 6.620647 ] }, { "date": "2024-01-05", "close": 6.743988, "volume": 559556110, "typical_volume": 531761641.85, "trend": 6.701747, "fair_value": 4.723528, "relative_strength": 19.52816, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.399781, "energy": 25.761844, "activity_lines": [ 6.393432, 6.358453, 6.525874, 6.623848 ] }, { "date": "2024-01-12", "close": 6.509884, "volume": 527243786, "typical_volume": 540127098.0, "trend": 6.695337, "fair_value": 4.744089, "relative_strength": 16.239343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.809725, "energy": 20.868025, "activity_lines": [ 6.463664, 6.384156, 6.510855, 6.611469 ] }, { "date": "2024-01-19", "close": 6.428848, "volume": 603964526, "typical_volume": 549018244.85, "trend": 6.694185, "fair_value": 4.764577, "relative_strength": 15.743981, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.589354, "energy": 22.428809, "activity_lines": [ 6.485273, 6.396761, 6.489216, 6.594276 ] }, { "date": "2024-01-26", "close": 7.65339, "volume": 1407339070, "typical_volume": 590299221.5, "trend": 6.735556, "fair_value": 4.793014, "relative_strength": 32.448569, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.629028, "energy": 38.552105, "activity_lines": [ 6.890452, 6.631028, 6.585809, 6.656161 ] }, { "date": "2024-02-02", "close": 7.293231, "volume": 1945375044, "typical_volume": 653938764.2, "trend": 6.760123, "fair_value": 4.818447, "relative_strength": 32.847349, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.066398, "energy": 44.73242, "activity_lines": [ 7.075334, 6.775911, 6.644089, 6.69214 ] }, { "date": "2024-02-09", "close": 7.455303, "volume": 1405746540, "typical_volume": 689930828.2, "trend": 6.782487, "fair_value": 4.844968, "relative_strength": 27.838164, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.919935, "energy": 59.859881, "activity_lines": [ 7.251813, 6.934217, 6.716761, 6.73699 ] }, { "date": "2024-02-23", "close": 8.166618, "volume": 1423308300, "typical_volume": 729649063.25, "trend": 6.81364, "fair_value": 4.876546, "relative_strength": 31.846978, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.237706, "energy": 86.434806, "activity_lines": [ 7.617975, 7.203846, 6.856323, 6.826289 ] }, { "date": "2024-03-01", "close": 7.905502, "volume": 1119518139, "typical_volume": 765064874.0, "trend": 6.842818, "fair_value": 4.906898, "relative_strength": 25.237913, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.637538, "energy": 81.464951, "activity_lines": [ 7.78665, 7.389983, 6.966901, 6.896732 ] }, { "date": "2024-03-08", "close": 8.265662, "volume": 1171094105, "typical_volume": 795875533.35, "trend": 6.885172, "fair_value": 4.939558, "relative_strength": 28.528302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.320304, "energy": 85.813579, "activity_lines": [ 7.976934, 7.608043, 7.108349, 6.988528 ] }, { "date": "2024-03-15", "close": 7.96853, "volume": 1028653270, "typical_volume": 820168286.45, "trend": 6.927861, "fair_value": 4.969767, "relative_strength": 22.222937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.405167, "energy": 78.120561, "activity_lines": [ 8.027356, 7.733608, 7.215025, 7.058422 ] }, { "date": "2024-03-22", "close": 8.175621, "volume": 727679777, "typical_volume": 824594673.65, "trend": 6.972479, "fair_value": 5.000707, "relative_strength": 24.27556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.525178, "energy": 65.507632, "activity_lines": [ 8.101789, 7.867522, 7.33645, 7.138923 ] }, { "date": "2024-03-29", "close": 8.895942, "volume": 848427852, "typical_volume": 829790151.85, "trend": 7.044326, "fair_value": 5.036066, "relative_strength": 33.865436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.122711, "energy": 71.516618, "activity_lines": [ 8.368307, 8.106373, 7.51936, 7.263017 ] }, { "date": "2024-04-05", "close": 9.16606, "volume": 699099186, "typical_volume": 829463179.5, "trend": 7.1243, "fair_value": 5.072858, "relative_strength": 34.869396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.236391, "energy": 77.06721, "activity_lines": [ 8.676244, 8.350954, 7.717062, 7.399903 ] }, { "date": "2024-04-12", "close": 9.247097, "volume": 975896820, "typical_volume": 858494867.15, "trend": 7.205512, "fair_value": 5.110021, "relative_strength": 36.50466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.880589, "energy": 84.787846, "activity_lines": [ 8.927155, 8.560501, 7.90919, 7.536858 ] }, { "date": "2024-04-19", "close": 9.832356, "volume": 1432063775, "typical_volume": 912567115.75, "trend": 7.297456, "fair_value": 5.151581, "relative_strength": 41.003884, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.684769, "energy": 91.094835, "activity_lines": [ 9.307724, 8.847483, 8.143208, 7.706332 ] }, { "date": "2024-04-26", "close": 9.616261, "volume": 1071840895, "typical_volume": 939936592.1, "trend": 7.375467, "fair_value": 5.191905, "relative_strength": 35.315941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.100829, "energy": 85.266888, "activity_lines": [ 9.492005, 9.049009, 8.340352, 7.855932 ] }, { "date": "2024-05-03", "close": 9.247097, "volume": 577234237, "typical_volume": 940781836.6, "trend": 7.440296, "fair_value": 5.229912, "relative_strength": 28.268463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.167416, "energy": 79.406179, "activity_lines": [ 9.45719, 9.144124, 8.487332, 7.976682 ] }, { "date": "2024-05-10", "close": 9.07602, "volume": 1191241104, "typical_volume": 979400613.9, "trend": 7.503324, "fair_value": 5.266873, "relative_strength": 23.042104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.877079, "energy": 62.721827, "activity_lines": [ 9.341939, 9.188489, 8.60344, 8.082213 ] }, { "date": "2024-05-17", "close": 8.931956, "volume": 808572416, "typical_volume": 1002082250.95, "trend": 7.570854, "fair_value": 5.302711, "relative_strength": 20.323505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.057675, "energy": 48.052673, "activity_lines": [ 9.184669, 9.185378, 8.691465, 8.174383 ] }, { "date": "2024-05-24", "close": 8.976977, "volume": 843985824, "typical_volume": 1018392038.8, "trend": 7.639284, "fair_value": 5.339533, "relative_strength": 22.527791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.024474, "energy": 39.303942, "activity_lines": [ 9.063415, 9.178339, 8.770528, 8.2651 ] }, { "date": "2024-05-31", "close": 9.130044, "volume": 890508955, "typical_volume": 1034939681.05, "trend": 7.72092, "fair_value": 5.376939, "relative_strength": 23.6949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.801955, "energy": 34.11226, "activity_lines": [ 9.050209, 9.180794, 8.851693, 8.361278 ] }, { "date": "2024-06-07", "close": 8.994984, "volume": 1013578466, "typical_volume": 1059256415.05, "trend": 7.800756, "fair_value": 5.412535, "relative_strength": 22.241459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.618907, "energy": 29.648304, "activity_lines": [ 9.024397, 9.14134, 8.908632, 8.443476 ] }, { "date": "2024-06-14", "close": 8.850922, "volume": 616429391, "typical_volume": 1059879658.3, "trend": 7.883292, "fair_value": 5.446164, "relative_strength": 20.161722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.599082, "energy": 26.516542, "activity_lines": [ 8.967373, 9.073892, 8.940018, 8.511229 ] }, { "date": "2024-06-21", "close": 8.976977, "volume": 850157987, "typical_volume": 1032020604.15, "trend": 7.971231, "fair_value": 5.480403, "relative_strength": 22.383701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.877944, "energy": 24.049894, "activity_lines": [ 8.967373, 9.035093, 8.971875, 8.581789 ] }, { "date": "2024-06-28", "close": 9.509752, "volume": 817588621, "typical_volume": 975631283.0, "trend": 8.074528, "fair_value": 5.518156, "relative_strength": 29.735391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.954086, "energy": 37.420343, "activity_lines": [ 9.141963, 9.098074, 9.048169, 8.681048 ] }, { "date": "2024-07-05", "close": 9.804629, "volume": 610388105, "typical_volume": 935863361.25, "trend": 8.185854, "fair_value": 5.557699, "relative_strength": 33.183236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.08578, "energy": 48.606661, "activity_lines": [ 9.379327, 9.220534, 9.141993, 8.792668 ] }, { "date": "2024-07-12", "close": 9.518967, "volume": 684382190, "typical_volume": 898917055.75, "trend": 8.296961, "fair_value": 5.592927, "relative_strength": 27.239671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.719798, "energy": 50.778579, "activity_lines": [ 9.476499, 9.28763, 9.197423, 8.878675 ] }, { "date": "2024-07-19", "close": 9.187232, "volume": 815121211, "typical_volume": 883697209.35, "trend": 8.401213, "fair_value": 5.626227, "relative_strength": 21.462896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.741108, "energy": 50.771456, "activity_lines": [ 9.42816, 9.289469, 9.214819, 8.936112 ] }, { "date": "2024-07-26", "close": 8.385537, "volume": 966100320, "typical_volume": 873447520.1, "trend": 8.47574, "fair_value": 5.653097, "relative_strength": 13.793913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.631775, "energy": 10.49682, "activity_lines": [ 9.090168, 9.143522, 9.149761, 8.9351 ] }, { "date": "2024-08-02", "close": 8.164379, "volume": 844985672, "typical_volume": 864264140.2, "trend": 8.535992, "fair_value": 5.679011, "relative_strength": 9.75283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -13.171839, "energy": 22.956211, "activity_lines": [ 8.717887, 8.967299, 9.063068, 8.915013 ] }, { "date": "2024-08-09", "close": 8.053802, "volume": 846152660, "typical_volume": 870187784.35, "trend": 8.579653, "fair_value": 5.705428, "relative_strength": 9.341061, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -36.096793, "energy": 42.815097, "activity_lines": [ 8.398438, 8.785747, 8.964912, 8.883904 ] }, { "date": "2024-08-16", "close": 8.302604, "volume": 535910453, "typical_volume": 854561914.4, "trend": 8.63941, "fair_value": 5.7343, "relative_strength": 11.337425, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.960866, "energy": 50.120478, "activity_lines": [ 8.278645, 8.668999, 8.891032, 8.866029 ] }, { "date": "2024-08-23", "close": 8.228885, "volume": 514589670, "typical_volume": 845336438.6, "trend": 8.699411, "fair_value": 5.763255, "relative_strength": 10.710122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.331943, "energy": 62.598428, "activity_lines": [ 8.215369, 8.551436, 8.812956, 8.839544 ] }, { "date": "2024-08-30", "close": 8.228885, "volume": 768041514, "typical_volume": 834943673.3, "trend": 8.718594, "fair_value": 5.792361, "relative_strength": 10.576749, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.009883, "energy": 55.7032, "activity_lines": [ 8.215984, 8.445183, 8.739342, 8.809187 ] }, { "date": "2024-09-06", "close": 7.408761, "volume": 820558760, "typical_volume": 804368422.55, "trend": 8.722445, "fair_value": 5.816867, "relative_strength": 1.954395, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.515886, "energy": 61.64883, "activity_lines": [ 7.953667, 8.203418, 8.592471, 8.724682 ] }, { "date": "2024-09-13", "close": 7.279752, "volume": 773852228, "typical_volume": 789468989.2, "trend": 8.716594, "fair_value": 5.840545, "relative_strength": 2.07815, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.514624, "energy": 79.41884, "activity_lines": [ 7.698722, 7.976397, 8.444854, 8.631605 ] }, { "date": "2024-09-20", "close": 7.493504, "volume": 366299099, "typical_volume": 778922232.3, "trend": 8.694157, "fair_value": 5.866352, "relative_strength": 3.465711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.031037, "energy": 79.628578, "activity_lines": [ 7.566631, 7.834147, 8.32872, 8.552696 ] }, { "date": "2024-09-27", "close": 7.938757, "volume": 968158783, "typical_volume": 767768116.25, "trend": 8.695265, "fair_value": 5.893346, "relative_strength": -3.005019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.932321, "energy": 73.177647, "activity_lines": [ 7.636898, 7.809678, 8.263342, 8.503961 ] }, { "date": "2024-10-04", "close": 8.545059, "volume": 540926189, "typical_volume": 754385804.9, "trend": 8.704578, "fair_value": 5.92261, "relative_strength": -3.548639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.048644, "energy": 36.329288, "activity_lines": [ 7.928607, 7.918146, 8.261122, 8.49427 ] }, { "date": "2024-10-11", "close": 8.241907, "volume": 1732857877, "typical_volume": 798829407.55, "trend": 8.713691, "fair_value": 5.949223, "relative_strength": -3.712248, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.812536, "energy": 20.603998, "activity_lines": [ 8.098187, 7.968595, 8.231873, 8.46442 ] }, { "date": "2024-10-18", "close": 8.090332, "volume": 1033906297, "typical_volume": 805999274.65, "trend": 8.710848, "fair_value": 5.971643, "relative_strength": -6.917359, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.942203, "energy": 23.671593, "activity_lines": [ 8.161699, 7.990075, 8.191689, 8.424203 ] }, { "date": "2024-10-25", "close": 7.948231, "volume": 811588925, "typical_volume": 795899797.6, "trend": 8.679258, "fair_value": 5.991757, "relative_strength": -9.666351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.572248, "energy": 23.710136, "activity_lines": [ 8.123805, 7.985054, 8.142922, 8.375002 ] }, { "date": "2024-11-01", "close": 7.86297, "volume": 952306277, "typical_volume": 812693641.9, "trend": 8.635821, "fair_value": 6.011118, "relative_strength": -10.002032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.894236, "energy": 22.740861, "activity_lines": [ 8.027176, 7.970975, 8.09102, 8.322339 ] }, { "date": "2024-11-08", "close": 7.815602, "volume": 1086865978, "typical_volume": 824529041.45, "trend": 8.588105, "fair_value": 6.028781, "relative_strength": -15.268331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.169484, "energy": 32.91218, "activity_lines": [ 7.91981, 7.954936, 8.039311, 8.269421 ] }, { "date": "2024-11-15", "close": 7.607186, "volume": 1055587630, "typical_volume": 836428991.9, "trend": 8.513932, "fair_value": 6.046813, "relative_strength": -14.63206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.987876, "energy": 44.120446, "activity_lines": [ 7.791603, 7.908517, 7.973283, 8.206136 ] }, { "date": "2024-11-22", "close": 7.588239, "volume": 835394338, "typical_volume": 847679303.55, "trend": 8.446332, "fair_value": 6.066014, "relative_strength": -13.342742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.2499, "energy": 49.518125, "activity_lines": [ 7.699394, 7.855046, 7.914511, 8.146414 ] }, { "date": "2024-11-29", "close": 7.616659, "volume": 583772942, "typical_volume": 842648841.15, "trend": 8.391984, "fair_value": 6.086534, "relative_strength": -14.67901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.339418, "energy": 52.197864, "activity_lines": [ 7.650132, 7.801133, 7.868999, 8.092887 ] }, { "date": "2024-12-06", "close": 7.881916, "volume": 1065103170, "typical_volume": 855147939.1, "trend": 8.35218, "fair_value": 6.11175, "relative_strength": -13.833851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.61047, "energy": 41.872639, "activity_lines": [ 7.711394, 7.79321, 7.857809, 8.059979 ] }, { "date": "2024-12-13", "close": 7.844022, "volume": 856420572, "typical_volume": 849663951.7, "trend": 8.315916, "fair_value": 6.137188, "relative_strength": -14.080869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.330775, "energy": 30.868706, "activity_lines": [ 7.758761, 7.779431, 7.849225, 8.027195 ] }, { "date": "2024-12-20", "close": 7.900864, "volume": 734440796, "typical_volume": 844136707.9, "trend": 8.280045, "fair_value": 6.162887, "relative_strength": -13.024519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.851934, "energy": 19.654247, "activity_lines": [ 7.823181, 7.788732, 7.848634, 8.000417 ] }, { "date": "2024-12-27", "close": 8.450323, "volume": 1042329295, "typical_volume": 853945539.65, "trend": 8.257388, "fair_value": 6.192418, "relative_strength": -8.099377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.775639, "energy": 11.821912, "activity_lines": [ 8.051175, 7.904136, 7.901627, 8.011403 ] }, { "date": "2025-01-03", "close": 8.384009, "volume": 665279118, "typical_volume": 860413972.9, "trend": 8.237022, "fair_value": 6.220749, "relative_strength": -3.786848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.617123, "energy": 19.469807, "activity_lines": [ 8.199593, 8.000937, 7.946416, 8.019572 ] }, { "date": "2025-01-10", "close": 8.289275, "volume": 817332403, "typical_volume": 875551109.55, "trend": 8.218301, "fair_value": 6.248215, "relative_strength": -3.7998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.569977, "energy": 40.718805, "activity_lines": [ 8.265275, 8.072591, 7.981795, 8.022943 ] }, { "date": "2025-01-17", "close": 8.365063, "volume": 782264022, "typical_volume": 876262234.95, "trend": 8.197903, "fair_value": 6.276321, "relative_strength": -5.330464, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.587884, "energy": 51.447683, "activity_lines": [ 8.329063, 8.150273, 8.024105, 8.032412 ] }, { "date": "2025-01-24", "close": 7.787182, "volume": 881493178, "typical_volume": 879308955.85, "trend": 8.140484, "fair_value": 6.300723, "relative_strength": -12.240196, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.62671, "energy": 20.299579, "activity_lines": [ 8.165489, 8.112896, 8.01073, 8.005914 ] }, { "date": "2025-01-31", "close": 7.891389, "volume": 155373168, "typical_volume": 848385002.85, "trend": 8.07671, "fair_value": 6.325949, "relative_strength": -10.883408, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.874181, "energy": 3.641553, "activity_lines": [ 8.044228, 8.091193, 8.005477, 7.989843 ] }, { "date": "2025-02-07", "close": 7.825076, "volume": 398317378, "typical_volume": 849985916.8, "trend": 8.020247, "fair_value": 6.348889, "relative_strength": -12.865468, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.99635, "energy": 14.922155, "activity_lines": [ 7.938126, 8.051922, 7.990996, 7.973608 ] }, { "date": "2025-02-14", "close": 7.682973, "volume": 749706366, "typical_volume": 839063295.95, "trend": 7.970105, "fair_value": 6.370815, "relative_strength": -15.365452, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.264897, "energy": 27.279706, "activity_lines": [ 7.821918, 7.983024, 7.961403, 7.951849 ] }, { "date": "2025-02-21", "close": 7.569292, "volume": 886316216, "typical_volume": 856332797.3, "trend": 7.942897, "fair_value": 6.392633, "relative_strength": -17.136289, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.323483, "energy": 51.625424, "activity_lines": [ 7.708236, 7.897074, 7.922201, 7.92599 ] }, { "date": "2025-02-28", "close": 7.446137, "volume": 930298500, "typical_volume": 816204828.45, "trend": 7.918955, "fair_value": 6.414435, "relative_strength": -16.83696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.692487, "energy": 66.495035, "activity_lines": [ 7.606554, 7.793727, 7.875916, 7.893941 ] }, { "date": "2025-03-07", "close": 7.285089, "volume": 905241812, "typical_volume": 809771604.2, "trend": 7.893331, "fair_value": 6.431177, "relative_strength": -19.564156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.905978, "energy": 75.09659, "activity_lines": [ 7.473926, 7.669366, 7.818083, 7.853046 ] }, { "date": "2025-03-14", "close": 7.42719, "volume": 718586653, "typical_volume": 805121490.6, "trend": 7.864151, "fair_value": 6.449707, "relative_strength": -18.868985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.759598, "energy": 70.819233, "activity_lines": [ 7.429085, 7.592028, 7.777618, 7.822973 ] }, { "date": "2025-03-21", "close": 7.540872, "volume": 661894572, "typical_volume": 790600905.35, "trend": 7.841217, "fair_value": 6.46845, "relative_strength": -16.021195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.193292, "energy": 63.982751, "activity_lines": [ 7.448664, 7.552757, 7.750461, 7.802116 ] }, { "date": "2025-03-28", "close": 7.654553, "volume": 603059282, "typical_volume": 766410570.55, "trend": 7.822073, "fair_value": 6.487508, "relative_strength": -14.013921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.661064, "energy": 46.695189, "activity_lines": [ 7.515609, 7.547762, 7.735664, 7.790073 ] }, { "date": "2025-04-04", "close": 7.711394, "volume": 562512619, "typical_volume": 741756820.0, "trend": 7.832161, "fair_value": 6.508119, "relative_strength": -12.70529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.007314, "energy": 25.156158, "activity_lines": [ 7.595818, 7.566019, 7.727048, 7.782933 ] }, { "date": "2025-04-11", "close": 7.161933, "volume": 1476625585, "typical_volume": 773818382.35, "trend": 7.828233, "fair_value": 6.526912, "relative_strength": -15.805814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.475379, "energy": 39.437104, "activity_lines": [ 7.475189, 7.485753, 7.665606, 7.739692 ] }, { "date": "2025-04-18", "close": 7.569292, "volume": 728503051, "typical_volume": 781054887.8, "trend": 7.83076, "fair_value": 6.547696, "relative_strength": -11.480866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.758965, "energy": 25.064918, "activity_lines": [ 7.498557, 7.492815, 7.644989, 7.722986 ] }, { "date": "2025-04-25", "close": 7.540872, "volume": 403479440, "typical_volume": 747973701.3, "trend": 7.817497, "fair_value": 6.567782, "relative_strength": -11.76745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.252767, "energy": 27.066411, "activity_lines": [ 7.502978, 7.499361, 7.621892, 7.704284 ] }, { "date": "2025-05-02", "close": 7.569292, "volume": 259304408, "typical_volume": 718117893.1, "trend": 7.784971, "fair_value": 6.587482, "relative_strength": -10.557737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.046059, "energy": 28.32179, "activity_lines": [ 7.516872, 7.513657, 7.603126, 7.688271 ] }, { "date": "2025-05-09", "close": 7.673501, "volume": 412777754, "typical_volume": 702034741.0, "trend": 7.766024, "fair_value": 6.608056, "relative_strength": -10.647926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.772082, "energy": 16.345926, "activity_lines": [ 7.571187, 7.5469, 7.595592, 7.681079 ] }, { "date": "2025-05-16", "close": 7.720867, "volume": 482920720, "typical_volume": 674064312.25, "trend": 7.753709, "fair_value": 6.630277, "relative_strength": -10.414735, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.990537, "energy": 14.630634, "activity_lines": [ 7.643817, 7.584622, 7.593652, 7.678166 ] }, { "date": "2025-05-23", "close": 7.749288, "volume": 365911643, "typical_volume": 659095938.5, "trend": 7.747077, "fair_value": 6.652163, "relative_strength": -9.168373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.985192, "energy": 11.561524, "activity_lines": [ 7.688658, 7.619588, 7.597893, 7.67788 ] }, { "date": "2025-05-30", "close": 7.853496, "volume": 448506048, "typical_volume": 640654620.75, "trend": 7.746762, "fair_value": 6.675183, "relative_strength": -7.495527, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.79498, "energy": 21.762273, "activity_lines": [ 7.756235, 7.667644, 7.615081, 7.684746 ] }, { "date": "2025-06-06", "close": 8.061913, "volume": 334513779, "typical_volume": 618267108.6, "trend": 7.754972, "fair_value": 6.700209, "relative_strength": -5.697811, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.798291, "energy": 45.204133, "activity_lines": [ 7.872443, 7.74791, 7.654192, 7.705078 ] }, { "date": "2025-06-13", "close": 8.516637, "volume": 712004023, "typical_volume": 609792650.85, "trend": 7.785287, "fair_value": 6.727841, "relative_strength": 0.17042, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.918134, "energy": 66.727161, "activity_lines": [ 8.107385, 7.903447, 7.738055, 7.754218 ] }, { "date": "2025-06-20", "close": 8.677687, "volume": 881883105, "typical_volume": 646118147.7, "trend": 7.821602, "fair_value": 6.754801, "relative_strength": 2.907556, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.68786, "energy": 78.681891, "activity_lines": [ 8.3398, 8.073625, 7.833782, 7.811792 ] }, { "date": "2025-06-27", "close": 8.400509, "volume": 826888541, "typical_volume": 667546705.85, "trend": 7.84773, "fair_value": 6.780397, "relative_strength": -1.68495, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.330164, "energy": 80.265325, "activity_lines": [ 8.416035, 8.165847, 7.899367, 7.849141 ] }, { "date": "2025-07-04", "close": 8.381019, "volume": 461047382, "typical_volume": 653113756.65, "trend": 7.864367, "fair_value": 6.803699, "relative_strength": -2.588392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.95682, "energy": 78.951193, "activity_lines": [ 8.442359, 8.239413, 7.960356, 7.883547 ] }, { "date": "2025-07-11", "close": 8.429745, "volume": 668187291, "typical_volume": 642207310.4, "trend": 7.883891, "fair_value": 6.827623, "relative_strength": -2.471604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.181105, "energy": 74.920604, "activity_lines": [ 8.449756, 8.306563, 8.022661, 7.920023 ] }, { "date": "2025-07-18", "close": 8.683125, "volume": 698537712, "typical_volume": 630619271.0, "trend": 7.909966, "fair_value": 6.855702, "relative_strength": 0.25755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.127391, "energy": 68.209319, "activity_lines": [ 8.517091, 8.404137, 8.105, 7.971586 ] }, { "date": "2025-07-25", "close": 8.449236, "volume": 736749793, "typical_volume": 622194670.05, "trend": 7.90993, "fair_value": 6.882149, "relative_strength": -3.633745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.16872, "energy": 50.361963, "activity_lines": [ 8.495364, 8.44083, 8.159173, 8.006378 ] }, { "date": "2025-08-01", "close": 8.29331, "volume": 865411208, "typical_volume": 629535897.8, "trend": 7.906907, "fair_value": 6.908017, "relative_strength": -4.153623, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.977626, "energy": 41.924988, "activity_lines": [ 8.436892, 8.435929, 8.192953, 8.031112 ] }, { "date": "2025-08-08", "close": 8.54669, "volume": 520069354, "typical_volume": 622444636.9, "trend": 7.915487, "fair_value": 6.936456, "relative_strength": -2.912556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.923693, "energy": 42.823034, "activity_lines": [ 8.470026, 8.467205, 8.24674, 8.072388 ] }, { "date": "2025-08-15", "close": 8.410254, "volume": 645243668, "typical_volume": 624553856.2, "trend": 7.916994, "fair_value": 6.963021, "relative_strength": -5.599417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.171054, "energy": 30.478531, "activity_lines": [ 8.446637, 8.461072, 8.282744, 8.104309 ] }, { "date": "2025-08-22", "close": 8.468726, "volume": 680915352, "typical_volume": 630473992.85, "trend": 7.939712, "fair_value": 6.989961, "relative_strength": -7.654808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.601944, "energy": 28.649483, "activity_lines": [ 8.444038, 8.459237, 8.320717, 8.139905 ] }, { "date": "2025-08-29", "close": 8.497963, "volume": 759158775, "typical_volume": 594600652.35, "trend": 7.959931, "fair_value": 7.017877, "relative_strength": -7.595277, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.280777, "energy": 33.513863, "activity_lines": [ 8.465478, 8.463588, 8.357869, 8.175921 ] }, { "date": "2025-09-05", "close": 8.673379, "volume": 1289412965, "typical_volume": 622646148.05, "trend": 7.988208, "fair_value": 7.045918, "relative_strength": -4.252595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.508535, "energy": 36.634663, "activity_lines": [ 8.542142, 8.503101, 8.405365, 8.22195 ] }, { "date": "2025-09-12", "close": 8.468726, "volume": 776588659, "typical_volume": 641301609.0, "trend": 8.0144, "fair_value": 7.072963, "relative_strength": -7.537436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.789637, "energy": 33.114214, "activity_lines": [ 8.525249, 8.500443, 8.428113, 8.252951 ] }, { "date": "2025-09-19", "close": 8.15, "volume": 882223737, "typical_volume": 672447575.45, "trend": 8.033757, "fair_value": 7.096598, "relative_strength": -9.395635, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.065916, "energy": 17.146044, "activity_lines": [ 8.407313, 8.43824, 8.416087, 8.261699 ] }, { "date": "2025-09-26", "close": 8.16, "volume": 612448145, "typical_volume": 682431095.0, "trend": 8.057552, "fair_value": 7.120402, "relative_strength": -9.148242, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.310845, "energy": 9.476468, "activity_lines": [ 8.31006, 8.382942, 8.402249, 8.269844 ] }, { "date": "2025-10-03", "close": 8.06, "volume": 324673557, "typical_volume": 674518736.85, "trend": 8.083382, "fair_value": 7.142671, "relative_strength": -11.171876, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.273927, "energy": 15.521515, "activity_lines": [ 8.200055, 8.318973, 8.37657, 8.270002 ] }, { "date": "2025-10-10", "close": 8.28, "volume": 343554533, "typical_volume": 673400881.35, "trend": 8.111809, "fair_value": 7.167507, "relative_strength": -8.753075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.690674, "energy": 18.15699, "activity_lines": [ 8.192582, 8.302081, 8.370228, 8.282687 ] }, { "date": "2025-10-17", "close": 8.41, "volume": 858751474, "typical_volume": 693913152.65, "trend": 8.14078, "fair_value": 7.191682, "relative_strength": -5.71203, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.002268, "energy": 13.486315, "activity_lines": [ 8.254667, 8.309068, 8.373741, 8.301925 ] }, { "date": "2025-10-24", "close": 9.06, "volume": 1054471899, "typical_volume": 729911058.65, "trend": 8.187628, "fair_value": 7.221718, "relative_strength": -1.173076, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.241046, "energy": 39.852179, "activity_lines": [ 8.537333, 8.436722, 8.436508, 8.36123 ] }, { "date": "2025-10-31", "close": 9.15, "volume": 596050055, "typical_volume": 724113360.25, "trend": 8.235582, "fair_value": 7.252113, "relative_strength": -0.230415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.344692, "energy": 69.587611, "activity_lines": [ 8.789333, 8.568925, 8.503093, 8.423318 ] }, { "date": "2025-11-07", "close": 9.71, "volume": 754554627, "typical_volume": 717746936.35, "trend": 8.320518, "fair_value": 7.285988, "relative_strength": 4.599833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.277233, "energy": 88.763613, "activity_lines": [ 9.162, 8.790561, 8.619996, 8.518442 ] }, { "date": "2025-11-14", "close": 9.82, "volume": 750879193, "typical_volume": 713946468.95, "trend": 8.395541, "fair_value": 7.321224, "relative_strength": 5.817029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.708965, "energy": 93.857978, "activity_lines": [ 9.461333, 9.010159, 8.74246, 8.615183 ] }, { "date": "2025-11-21", "close": 10.03, "volume": 871962346, "typical_volume": 734492217.15, "trend": 8.478512, "fair_value": 7.358463, "relative_strength": 12.193523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.772322, "energy": 93.772046, "activity_lines": [ 9.728, 9.247091, 8.878164, 8.720631 ] }, { "date": "2025-11-28", "close": 9.75, "volume": 674769994, "typical_volume": 734821352.3, "trend": 8.551202, "fair_value": 7.393359, "relative_strength": 7.362538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.696033, "energy": 87.357837, "activity_lines": [ 9.793333, 9.404727, 8.979349, 8.802663 ] }, { "date": "2025-12-05", "close": 9.9, "volume": 466621804, "typical_volume": 723225556.9, "trend": 8.625419, "fair_value": 7.429491, "relative_strength": 8.419808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.660817, "energy": 84.79016, "activity_lines": [ 9.862667, 9.560545, 9.088532, 8.889682 ] }, { "date": "2025-12-12", "close": 9.53, "volume": 555004604, "typical_volume": 714138297.45, "trend": 8.685723, "fair_value": 7.462267, "relative_strength": 4.610605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.577321, "energy": 59.683421, "activity_lines": [ 9.758667, 9.617455, 9.156683, 8.948042 ] }, { "date": "2025-12-19", "close": 9.65, "volume": 554863200, "typical_volume": 698610897.05, "trend": 8.74908, "fair_value": 7.495703, "relative_strength": 5.780921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.586334, "energy": 51.030745, "activity_lines": [ 9.706667, 9.669455, 9.231117, 9.010254 ] }, { "date": "2025-12-26", "close": 9.85, "volume": 416615815, "typical_volume": 693438220.1, "trend": 8.815631, "fair_value": 7.530749, "relative_strength": 5.978603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.555842, "energy": 46.19862, "activity_lines": [ 9.732667, 9.732909, 9.318137, 9.081281 ] }, { "date": "2026-01-02", "close": 10.41, "volume": 511949914, "typical_volume": 686773532.4, "trend": 8.8939, "fair_value": 7.569548, "relative_strength": 11.84689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.169519, "energy": 56.506816, "activity_lines": [ 9.957333, 9.872, 9.452284, 9.184143 ] }, { "date": "2026-01-09", "close": 9.87, "volume": 1057674214, "typical_volume": 705611475.5, "trend": 8.939012, "fair_value": 7.605597, "relative_strength": 2.328997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.380507, "energy": 47.890715, "activity_lines": [ 9.958, 9.888364, 9.52548, 9.247117 ] }, { "date": "2026-01-16", "close": 9.8, "volume": 1093221206, "typical_volume": 722314597.05, "trend": 8.976423, "fair_value": 7.641252, "relative_strength": 2.222406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.950367, "energy": 44.891458, "activity_lines": [ 9.937333, 9.878909, 9.585337, 9.302665 ] }, { "date": "2026-01-23", "close": 9.83, "volume": 957606971, "typical_volume": 705724297.35, "trend": 9.024072, "fair_value": 7.677098, "relative_strength": 1.700915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.153877, "energy": 41.086223, "activity_lines": [ 9.908667, 9.873273, 9.641851, 9.357735 ] }, { "date": "2026-01-30", "close": 11.02, "volume": 2064512099, "typical_volume": 770120469.35, "trend": 9.112038, "fair_value": 7.719918, "relative_strength": 14.283327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.169264, "energy": 53.470941, "activity_lines": [ 10.264667, 10.083818, 9.80619, 9.486504 ] }, { "date": "2026-02-06", "close": 10.77, "volume": 1098649185, "typical_volume": 780941741.75, "trend": 9.190047, "fair_value": 7.760588, "relative_strength": 12.869308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.756111, "energy": 56.354204, "activity_lines": [ 10.459333, 10.230909, 9.934571, 9.593469 ] }, { "date": "2026-02-13", "close": 10.54, "volume": 772380832, "typical_volume": 788938376.1, "trend": 9.251943, "fair_value": 7.799893, "relative_strength": 9.755187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.106101, "energy": 58.661355, "activity_lines": [ 10.553333, 10.317636, 10.028571, 9.680563 ] }, { "date": "2026-02-27", "close": 10.86, "volume": 872221162, "typical_volume": 816315756.35, "trend": 9.332302, "fair_value": 7.841413, "relative_strength": 10.558953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.644874, "energy": 71.783638, "activity_lines": [ 10.709333, 10.450909, 10.141714, 9.784309 ] }, { "date": "2026-03-06", "close": 12.3, "volume": 4084527840, "typical_volume": 1003364421.7, "trend": 9.465858, "fair_value": 7.892109, "relative_strength": 25.635417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.734296, "energy": 76.791563, "activity_lines": [ 11.274667, 10.821818, 10.378667, 9.975773 ] }, { "date": "2026-03-13", "close": 12.05, "volume": 2564208470, "typical_volume": 1088637271.5, "trend": 9.582635, "fair_value": 7.940766, "relative_strength": 23.165328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.382964, "energy": 68.05506, "activity_lines": [ 11.592, 11.099091, 10.572667, 10.142492 ] }, { "date": "2026-03-20", "close": 12.24, "volume": 1598475493, "typical_volume": 1115837451.2, "trend": 9.710293, "fair_value": 7.989164, "relative_strength": 28.529709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.079027, "energy": 73.62863, "activity_lines": [ 11.904, 11.370909, 10.767429, 10.313935 ] }, { "date": "2026-03-27", "close": 12.07, "volume": 1513992209, "typical_volume": 1161734558.9, "trend": 9.830336, "fair_value": 8.036801, "relative_strength": 27.290372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.638181, "energy": 64.23548, "activity_lines": [ 12.061333, 11.578545, 10.930857, 10.466174 ] }, { "date": "2026-04-03", "close": 12.33, "volume": 1197956787, "typical_volume": 1183904666.9, "trend": 9.95807, "fair_value": 8.083973, "relative_strength": 30.235427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.820959, "energy": 57.108267, "activity_lines": [ 12.203333, 11.793455, 11.105143, 10.627443 ] }, { "date": "2026-04-10", "close": 11.99, "volume": 880324044, "typical_volume": 1190376909.45, "trend": 10.068624, "fair_value": 8.130004, "relative_strength": 22.595652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.491616, "energy": 49.966297, "activity_lines": [ 12.134, 11.900545, 11.234571, 10.758535 ] }, { "date": "2026-04-17", "close": 11.53, "volume": 773613024, "typical_volume": 1185459443.35, "trend": 10.170667, "fair_value": 8.171555, "relative_strength": 15.421201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.581038, "energy": 40.562558, "activity_lines": [ 11.932, 11.884727, 11.309857, 10.852817 ] }, { "date": "2026-04-24", "close": 11.600806, "volume": 833667499, "typical_volume": 1193404318.6, "trend": 10.285694, "fair_value": 8.212304, "relative_strength": 14.841743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.759224, "energy": 29.952712, "activity_lines": [ 11.788269, 11.87251, 11.384743, 10.945084 ] }, { "date": "2026-05-01", "close": 11.882804, "volume": 697532351, "typical_volume": 1204949845.95, "trend": 10.409787, "fair_value": 8.25076, "relative_strength": 16.168158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.050525, "energy": 24.822651, "activity_lines": [ 11.78115, 11.89646, 11.477673, 11.048124 ] }, { "date": "2026-05-08", "close": 10.813157, "volume": 625184786, "typical_volume": 1208458855.05, "trend": 10.501559, "fair_value": 8.280228, "relative_strength": 3.773166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.636387, "energy": 16.807181, "activity_lines": [ 11.429961, 11.701514, 11.45929, 11.074148 ] }, { "date": "2026-05-15", "close": 11.192395, "volume": 994633777, "typical_volume": 1230447383.9, "trend": 10.598639, "fair_value": 8.308848, "relative_strength": 8.227539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.459143, "energy": 17.11814, "activity_lines": [ 11.306308, 11.576372, 11.470915, 11.118718 ] }, { "date": "2026-05-22", "close": 10.774261, "volume": 761606066, "typical_volume": 1247696896.45, "trend": 10.677447, "fair_value": 8.33435, "relative_strength": 4.491364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.746993, "energy": 11.166343, "activity_lines": [ 11.096451, 11.395343, 11.435372, 11.130048 ] }, { "date": "2026-05-29", "close": 10.570055, "volume": 833291250, "typical_volume": 1263763963.25, "trend": 10.727783, "fair_value": 8.361112, "relative_strength": 3.40288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.70483, "energy": 17.164485, "activity_lines": [ 10.868908, 11.200382, 11.37598, 11.12312 ] }, { "date": "2026-06-05", "close": 10.317229, "volume": 137155607, "typical_volume": 1217738032.9, "trend": 10.76669, "fair_value": 8.386089, "relative_strength": 1.78494, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.027774, "energy": 40.40993, "activity_lines": [ 10.625806, 10.989815, 11.291747, 11.096632 ] }, { "date": "2026-06-12", "close": 10.093576, "volume": 286676074, "typical_volume": 1177410776.3, "trend": 10.779476, "fair_value": 8.411928, "relative_strength": -0.607663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.590838, "energy": 58.41499, "activity_lines": [ 10.412525, 10.770452, 11.184084, 11.053205 ] }, { "date": "2026-06-19", "close": 9.315651, "volume": 650167110, "typical_volume": 1162038783.25, "trend": 10.762664, "fair_value": 8.429829, "relative_strength": -9.421246, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.016395, "energy": 70.702735, "activity_lines": [ 9.987908, 10.450311, 11.000935, 10.958765 ] }, { "date": "2026-06-26", "close": 8.93, "volume": 197127201, "typical_volume": 1068669538.35, "trend": 10.725998, "fair_value": 8.44411, "relative_strength": -11.560955, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.205322, "energy": 81.744765, "activity_lines": [ 9.559856, 10.108676, 10.783507, 10.840529 ] }, { "date": "2026-07-03", "close": 8.97, "volume": 146395068, "typical_volume": 1021056832.5, "trend": 10.699998, "fair_value": 8.460178, "relative_strength": -11.364891, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.337935, "energy": 82.256848, "activity_lines": [ 9.268089, 9.821586, 10.579841, 10.727239 ] }, { "date": "2026-07-10", "close": 9.27, "volume": 878677537, "typical_volume": 1026371667.75, "trend": 10.678998, "fair_value": 8.478497, "relative_strength": -7.2452, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.88534, "energy": 87.437346, "activity_lines": [ 9.182992, 9.636875, 10.413317, 10.634981 ] }, { "date": "2026-07-17", "close": 10.29, "volume": 1194697097, "typical_volume": 1042495464.5, "trend": 10.704331, "fair_value": 8.502431, "relative_strength": 9.028435, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.369649, "energy": 70.658713, "activity_lines": [ 9.50771, 9.685123, 10.349984, 10.609884 ] }, { "date": "2026-07-24", "close": 11.03, "volume": 1264260076, "typical_volume": 901482076.3, "trend": 10.750331, "fair_value": 8.529647, "relative_strength": 14.952166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.606766, "energy": 24.966617, "activity_lines": [ 10.066, 9.877429, 10.359842, 10.630895 ] }, { "date": "2026-07-31", "close": 11.08, "volume": 950723168, "typical_volume": 820807811.2, "trend": 10.791331, "fair_value": 8.554313, "relative_strength": 14.456404, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.666973, "energy": 24.940098, "activity_lines": [ 10.526667, 10.081779, 10.380509, 10.652164 ] }, { "date": "2026-08-07", "close": 10.77, "volume": 659591175, "typical_volume": 773863595.3, "trend": 10.803331, "fair_value": 8.578286, "relative_strength": 7.879193, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.636872, "energy": 32.344433, "activity_lines": [ 10.740667, 10.224206, 10.376271, 10.650788 ] } ], "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." } } }