{ "ticker": { "uuid": "614bef16-0112-487a-b13c-941f9762f2c6", "symbol": "300581", "name": "Xi'an ChenXi Aviation Technology Corp., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.106, "architecture_energy": 60.23, "architecture_maturity": 59.321, "architecture_confidence": 87.956, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.19, "rotation_up": 14.62, "upward_expansion": 11.19, "deceleration": 43.6, "rotation_down": 63.23, "downward_expansion": 82.19 }, "activity_lines": [ 9.796667, 10.269455, 11.011238, 11.751462 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 10.16, "trend_reference": 12.967667, "distance_from_trend": -0.216513, "trend_direction": "Weakening", "fair_value": 11.990544, "distance_from_fair_value": -0.152666, "fair_value_direction": "Weakening", "relative_strength": -35.628698, "relative_strength_direction": "Weakening", "price_momentum": -0.345782, "excess_performance": -0.353182, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.216513, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.1331, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.152666, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.282887, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.356287, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004157, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.345782, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.651672, "read": "Supply-led" } ], "volume": { "latest": 64588075, "relative_activity": 1.143954, "balance": 0.651672, "dry_up": 1.375656, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.138174, "annualized_volatility": 0.560181, "from_high_reference": -0.605743, "from_low_reference": 0.208086 }, "levels": { "trend_reference": 12.967667, "fair_value_reference": 11.990544, "structural_low": 8.41, "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": 31, "median_return": 0.005435, "positive_rate": 0.580645, "directional_follow_through": 0.419355, "median_excess_return": 0.005797, "regime_survival": 0.741935, "best_return": 0.654822, "worst_return": -0.228723, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.030251, "positive_rate": 0.307692, "directional_follow_through": 0.692308, "median_excess_return": -0.017161, "regime_survival": 0.461538, "best_return": 1.106599, "worst_return": -0.229204, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.109774, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": 0.011808, "regime_survival": 0.625, "best_return": 0.672081, "worst_return": -0.285458, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.017693, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.076873, "regime_survival": 0.75, "best_return": 0.237563, "worst_return": -0.381356, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-05-03", "tenure": "Established", "return": -0.186165, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-07-05", "tenure": "Developing", "return": -0.167629, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-09-27", "tenure": "Developing", "return": 0.125176, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.192182, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": 0.176181, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-03-21", "tenure": "Established", "return": -0.015018, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": 0.042467, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": -0.040609, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-06-06", "tenure": "Developing", "return": -0.077741, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-05", "tenure": "Established", "return": 0.09292, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-12-05", "tenure": "Established", "return": -0.005214, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": -0.025135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": -0.143957, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.21118, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.323197, "volume": 32114813, "typical_volume": 39269536.75, "trend": 10.688309, "fair_value": 12.836898, "relative_strength": -4.709419, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.460795, "energy": 28.280028, "activity_lines": [ 10.375113, 10.485564, 10.462986, 10.585914 ] }, { "date": "2023-08-04", "close": 9.863945, "volume": 32287733, "typical_volume": 38501194.7, "trend": 10.674136, "fair_value": 12.866665, "relative_strength": -9.576285, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.895595, "energy": 51.599589, "activity_lines": [ 10.163457, 10.366175, 10.40048, 10.53273 ] }, { "date": "2023-08-11", "close": 9.684237, "volume": 14497541, "typical_volume": 35382106.95, "trend": 10.652994, "fair_value": 12.88863, "relative_strength": -7.156566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.60651, "energy": 64.093465, "activity_lines": [ 9.969773, 10.224086, 10.325289, 10.468865 ] }, { "date": "2023-08-18", "close": 9.863945, "volume": 34711060, "typical_volume": 35138893.75, "trend": 10.638821, "fair_value": 12.915051, "relative_strength": -1.884239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.404031, "energy": 62.476253, "activity_lines": [ 9.893896, 10.129513, 10.274791, 10.417959 ] }, { "date": "2023-08-25", "close": 9.115164, "volume": 34925818, "typical_volume": 35240203.8, "trend": 10.589117, "fair_value": 12.932363, "relative_strength": -6.054874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.250014, "energy": 75.074507, "activity_lines": [ 9.609027, 9.912956, 10.15811, 10.319658 ] }, { "date": "2023-09-01", "close": 9.314838, "volume": 27187821, "typical_volume": 34688100.35, "trend": 10.526689, "fair_value": 12.953445, "relative_strength": -6.643394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.668065, "energy": 71.797431, "activity_lines": [ 9.457273, 9.758117, 10.069308, 10.237447 ] }, { "date": "2023-09-08", "close": 11.641052, "volume": 118885190, "typical_volume": 38340621.4, "trend": 10.536712, "fair_value": 12.992156, "relative_strength": 18.399534, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -10.894316, "energy": 9.247027, "activity_lines": [ 10.148149, 10.050369, 10.208983, 10.309341 ] }, { "date": "2023-09-15", "close": 10.3831, "volume": 116961189, "typical_volume": 42235546.95, "trend": 10.50637, "fair_value": 13.021299, "relative_strength": 6.961406, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -27.669371, "energy": 13.620174, "activity_lines": [ 10.301233, 10.102829, 10.220932, 10.299431 ] }, { "date": "2023-09-22", "close": 9.933831, "volume": 50648755, "typical_volume": 44257872.1, "trend": 10.448523, "fair_value": 13.043253, "relative_strength": 2.094577, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.618918, "energy": 19.594727, "activity_lines": [ 10.25797, 10.076689, 10.188668, 10.262493 ] }, { "date": "2023-09-29", "close": 9.843977, "volume": 26645198, "typical_volume": 44245490.65, "trend": 10.378675, "fair_value": 13.068688, "relative_strength": 1.964063, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.530663, "energy": 22.520414, "activity_lines": [ 10.180097, 10.044015, 10.147945, 10.22349 ] }, { "date": "2023-10-13", "close": 10.043653, "volume": 43928049, "typical_volume": 43198079.0, "trend": 10.336431, "fair_value": 13.093898, "relative_strength": 4.512941, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.590874, "energy": 15.005302, "activity_lines": [ 10.120195, 10.052547, 10.126064, 10.201875 ] }, { "date": "2023-10-20", "close": 10.592758, "volume": 139021203, "typical_volume": 48519508.05, "trend": 10.329716, "fair_value": 13.118507, "relative_strength": 15.600727, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.156547, "energy": 5.360355, "activity_lines": [ 10.19474, 10.165999, 10.159215, 10.218413 ] }, { "date": "2023-10-27", "close": 10.572791, "volume": 66165563, "typical_volume": 49608100.2, "trend": 10.306284, "fair_value": 13.127553, "relative_strength": 12.724621, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.838581, "energy": 6.37847, "activity_lines": [ 10.332515, 10.262569, 10.189605, 10.234095 ] }, { "date": "2023-11-03", "close": 10.333181, "volume": 70933944, "typical_volume": 50966683.65, "trend": 10.286022, "fair_value": 13.12331, "relative_strength": 9.160647, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.049868, "energy": 6.979201, "activity_lines": [ 10.377775, 10.299418, 10.196832, 10.23583 ] }, { "date": "2023-11-10", "close": 10.323197, "volume": 51024660, "typical_volume": 51439663.0, "trend": 10.264254, "fair_value": 13.118898, "relative_strength": 7.644978, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.320484, "energy": 10.20783, "activity_lines": [ 10.393083, 10.32592, 10.204581, 10.238229 ] }, { "date": "2023-11-17", "close": 10.932206, "volume": 87490208, "typical_volume": 54115742.2, "trend": 10.269637, "fair_value": 13.094484, "relative_strength": 13.828295, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.721498, "energy": 35.31921, "activity_lines": [ 10.579447, 10.441187, 10.271234, 10.281322 ] }, { "date": "2023-11-24", "close": 10.602742, "volume": 56200078, "typical_volume": 54415445.45, "trend": 10.290466, "fair_value": 13.075969, "relative_strength": 11.830379, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.225075, "energy": 31.341825, "activity_lines": [ 10.596752, 10.467145, 10.305131, 10.302813 ] }, { "date": "2023-12-01", "close": 10.472954, "volume": 32107954, "typical_volume": 54214677.95, "trend": 10.303445, "fair_value": 13.067602, "relative_strength": 11.698271, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.408987, "energy": 27.381544, "activity_lines": [ 10.570129, 10.488383, 10.328712, 10.314586 ] }, { "date": "2023-12-08", "close": 9.90388, "volume": 29029455, "typical_volume": 54260735.95, "trend": 10.301762, "fair_value": 13.058766, "relative_strength": 7.43012, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.043048, "energy": 4.828224, "activity_lines": [ 10.36047, 10.404519, 10.298476, 10.288808 ] }, { "date": "2023-12-15", "close": 9.863945, "volume": 20324387, "typical_volume": 54254530.95, "trend": 10.303641, "fair_value": 13.031436, "relative_strength": 8.812352, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.290798, "energy": 12.353944, "activity_lines": [ 10.16612, 10.31394, 10.267146, 10.260562 ] }, { "date": "2023-12-22", "close": 9.504531, "volume": 24343097, "typical_volume": 53865945.15, "trend": 10.266525, "fair_value": 12.989422, "relative_strength": 6.562322, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.21956, "energy": 45.852662, "activity_lines": [ 9.882582, 10.157649, 10.202774, 10.209006 ] }, { "date": "2023-12-29", "close": 9.814026, "volume": 29052949, "typical_volume": 53704205.95, "trend": 10.246577, "fair_value": 12.955749, "relative_strength": 6.317948, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.364811, "energy": 50.673508, "activity_lines": [ 9.797387, 10.067432, 10.171777, 10.179813 ] }, { "date": "2024-01-05", "close": 9.434644, "volume": 19816614, "typical_volume": 53970159.6, "trend": 10.211047, "fair_value": 12.922384, "relative_strength": 6.541395, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.951344, "energy": 61.39814, "activity_lines": [ 9.638312, 9.922395, 10.104886, 10.12743 ] }, { "date": "2024-01-12", "close": 9.644302, "volume": 29320235, "typical_volume": 53700618.35, "trend": 10.177767, "fair_value": 12.896951, "relative_strength": 10.063146, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.83159, "energy": 54.509633, "activity_lines": [ 9.618345, 9.836172, 10.059151, 10.090866 ] }, { "date": "2024-01-19", "close": 8.516138, "volume": 28829243, "typical_volume": 53395789.6, "trend": 10.111209, "fair_value": 12.855293, "relative_strength": -0.618069, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.091916, "energy": 71.793995, "activity_lines": [ 9.239628, 9.557353, 9.907018, 9.983664 ] }, { "date": "2024-01-26", "close": 8.296496, "volume": 24774113, "typical_volume": 53275104.2, "trend": 10.033003, "fair_value": 12.814256, "relative_strength": -3.023227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.224255, "energy": 80.267174, "activity_lines": [ 8.87755, 9.271455, 9.736818, 9.866586 ] }, { "date": "2024-02-02", "close": 6.778966, "volume": 28243148, "typical_volume": 48743002.1, "trend": 9.891234, "fair_value": 12.759538, "relative_strength": -13.737172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.897169, "energy": 92.491882, "activity_lines": [ 8.090165, 8.757564, 9.426942, 9.656648 ] }, { "date": "2024-02-09", "close": 6.649178, "volume": 44905681, "typical_volume": 45140226.7, "trend": 9.761112, "fair_value": 12.711915, "relative_strength": -22.458923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.519086, "energy": 94.548333, "activity_lines": [ 7.461855, 8.289598, 9.127857, 9.447483 ] }, { "date": "2024-02-23", "close": 7.557699, "volume": 41182660, "typical_volume": 44666921.95, "trend": 9.663937, "fair_value": 12.666686, "relative_strength": -14.089038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.388184, "energy": 86.800951, "activity_lines": [ 7.322082, 8.056342, 8.933079, 9.305327 ] }, { "date": "2024-03-01", "close": 7.847228, "volume": 48825672, "typical_volume": 45775945.65, "trend": 9.588393, "fair_value": 12.642115, "relative_strength": -14.026572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.645457, "energy": 79.75118, "activity_lines": [ 7.417927, 7.918384, 8.77719, 9.18812 ] }, { "date": "2024-03-08", "close": 8.056886, "volume": 78530220, "typical_volume": 47506054.2, "trend": 9.51285, "fair_value": 12.616733, "relative_strength": -10.880244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.149051, "energy": 52.446401, "activity_lines": [ 7.628251, 7.855215, 8.650777, 9.089313 ] }, { "date": "2024-03-15", "close": 8.436269, "volume": 74497136, "typical_volume": 44279850.85, "trend": 9.46526, "fair_value": 12.597088, "relative_strength": -8.813672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.220525, "energy": 32.271878, "activity_lines": [ 7.98101, 7.887344, 8.569956, 9.019856 ] }, { "date": "2024-03-22", "close": 8.506155, "volume": 55605142, "typical_volume": 43751829.8, "trend": 9.425991, "fair_value": 12.573708, "relative_strength": -7.421094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.708043, "energy": 22.636911, "activity_lines": [ 8.246578, 7.95723, 8.50606, 8.957979 ] }, { "date": "2024-03-29", "close": 8.486188, "volume": 44952259, "typical_volume": 42452745.55, "trend": 9.380066, "fair_value": 12.552375, "relative_strength": -5.917709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.861965, "energy": 22.708729, "activity_lines": [ 8.381691, 8.040368, 8.450103, 8.897346 ] }, { "date": "2024-04-05", "close": 8.356399, "volume": 25636370, "typical_volume": 41183331.05, "trend": 9.354774, "fair_value": 12.527492, "relative_strength": -8.581858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.997748, "energy": 21.274943, "activity_lines": [ 8.411642, 8.120964, 8.390581, 8.831303 ] }, { "date": "2024-04-12", "close": 7.687487, "volume": 27338132, "typical_volume": 38175727.25, "trend": 9.300529, "fair_value": 12.509196, "relative_strength": -12.839953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.704034, "energy": 22.846908, "activity_lines": [ 8.184678, 8.082844, 8.276719, 8.723736 ] }, { "date": "2024-04-19", "close": 7.687487, "volume": 55289854, "typical_volume": 38130216.05, "trend": 9.168743, "fair_value": 12.48793, "relative_strength": -13.166145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.514428, "energy": 30.485232, "activity_lines": [ 7.982341, 8.055797, 8.178308, 8.619669 ] }, { "date": "2024-04-26", "close": 8.526122, "volume": 160216182, "typical_volume": 44535627.45, "trend": 9.106844, "fair_value": 12.475951, "relative_strength": -5.547791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.161108, "energy": 24.96097, "activity_lines": [ 8.109467, 8.164711, 8.173649, 8.57821 ] }, { "date": "2024-05-03", "close": 7.987, "volume": 34495892, "typical_volume": 44808949.3, "trend": 9.041949, "fair_value": 12.460328, "relative_strength": -12.589783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.430068, "energy": 24.162762, "activity_lines": [ 8.055555, 8.141476, 8.126915, 8.505962 ] }, { "date": "2024-05-10", "close": 8.62596, "volume": 106188159, "typical_volume": 49102137.9, "trend": 9.001349, "fair_value": 12.447316, "relative_strength": -6.989655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.071955, "energy": 10.937777, "activity_lines": [ 8.247908, 8.22661, 8.150163, 8.479124 ] }, { "date": "2024-05-17", "close": 8.46622, "volume": 63406025, "typical_volume": 51055284.3, "trend": 8.948768, "fair_value": 12.435329, "relative_strength": -8.473032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.879136, "energy": 11.92543, "activity_lines": [ 8.369045, 8.268542, 8.164093, 8.444599 ] }, { "date": "2024-05-24", "close": 8.935456, "volume": 154395137, "typical_volume": 57322393.7, "trend": 8.893524, "fair_value": 12.427041, "relative_strength": -0.59495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.073936, "energy": 9.322656, "activity_lines": [ 8.594677, 8.388347, 8.227656, 8.44374 ] }, { "date": "2024-05-31", "close": 8.915489, "volume": 115231414, "typical_volume": 62093133.7, "trend": 8.838281, "fair_value": 12.424376, "relative_strength": -0.168883, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.099105, "energy": 13.259388, "activity_lines": [ 8.730457, 8.495445, 8.293501, 8.445157 ] }, { "date": "2024-06-07", "close": 8.14, "volume": 104764479, "typical_volume": 65865345.9, "trend": 8.765175, "fair_value": 12.418831, "relative_strength": -7.642346, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.529616, "energy": 12.182622, "activity_lines": [ 8.581782, 8.454103, 8.287962, 8.400107 ] }, { "date": "2024-06-14", "close": 8.45, "volume": 69929967, "typical_volume": 67920382.1, "trend": 8.702735, "fair_value": 12.406469, "relative_strength": -4.009103, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.484967, "energy": 8.770541, "activity_lines": [ 8.52624, 8.475419, 8.319111, 8.379773 ] }, { "date": "2024-06-21", "close": 7.92, "volume": 73290601, "typical_volume": 70346206.5, "trend": 8.602328, "fair_value": 12.393261, "relative_strength": -7.960873, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.057539, "energy": 15.550122, "activity_lines": [ 8.305762, 8.39867, 8.300098, 8.329274 ] }, { "date": "2024-06-28", "close": 7.67, "volume": 41964363, "typical_volume": 71032267.25, "trend": 8.50457, "fair_value": 12.374455, "relative_strength": -8.572241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.934245, "energy": 25.320167, "activity_lines": [ 8.038366, 8.272238, 8.259069, 8.269124 ] }, { "date": "2024-07-05", "close": 7.18, "volume": 28866990, "typical_volume": 70230332.7, "trend": 8.394805, "fair_value": 12.350835, "relative_strength": -12.663598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.079254, "energy": 44.653442, "activity_lines": [ 7.692, 8.057034, 8.167129, 8.183668 ] }, { "date": "2024-07-12", "close": 7.11, "volume": 27152169, "typical_volume": 69528808.15, "trend": 8.301676, "fair_value": 12.314118, "relative_strength": -14.721015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.63971, "energy": 58.068893, "activity_lines": [ 7.438, 7.853577, 8.065996, 8.100777 ] }, { "date": "2024-07-19", "close": 7.09, "volume": 27603020, "typical_volume": 68467675.55, "trend": 8.209211, "fair_value": 12.251522, "relative_strength": -15.130806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.511798, "energy": 64.475606, "activity_lines": [ 7.246, 7.662429, 7.965089, 8.022605 ] }, { "date": "2024-07-26", "close": 7.49, "volume": 41514857, "typical_volume": 66616907.4, "trend": 8.14206, "fair_value": 12.16239, "relative_strength": -7.009914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.180286, "energy": 60.184767, "activity_lines": [ 7.278, 7.571935, 7.905884, 7.976204 ] }, { "date": "2024-08-02", "close": 8.31, "volume": 118672560, "typical_volume": 68825678.6, "trend": 8.091926, "fair_value": 12.094928, "relative_strength": 3.620205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.265282, "energy": 25.271205, "activity_lines": [ 7.612, 7.648282, 7.927474, 7.987039 ] }, { "date": "2024-08-09", "close": 7.73, "volume": 97461808, "typical_volume": 70918511.9, "trend": 8.035104, "fair_value": 12.01317, "relative_strength": -1.758152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.544306, "energy": 17.74202, "activity_lines": [ 7.71, 7.630545, 7.894426, 7.963689 ] }, { "date": "2024-08-16", "close": 7.43, "volume": 52512851, "typical_volume": 71296541.5, "trend": 7.961294, "fair_value": 11.906073, "relative_strength": -5.098796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.903422, "energy": 17.50367, "activity_lines": [ 7.671333, 7.579818, 7.836503, 7.92465 ] }, { "date": "2024-08-23", "close": 7.11, "volume": 29541985, "typical_volume": 71491822.25, "trend": 7.914423, "fair_value": 11.786157, "relative_strength": -7.270645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.601436, "energy": 21.357764, "activity_lines": [ 7.504667, 7.483818, 7.753134, 7.869727 ] }, { "date": "2024-08-30", "close": 7.25, "volume": 25571985, "typical_volume": 71403514.9, "trend": 7.87954, "fair_value": 11.682537, "relative_strength": -7.188895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.862576, "energy": 38.698355, "activity_lines": [ 7.383333, 7.437636, 7.689033, 7.826861 ] }, { "date": "2024-09-06", "close": 7.08, "volume": 21111224, "typical_volume": 69694583.4, "trend": 7.889574, "fair_value": 11.575078, "relative_strength": -6.882786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.194873, "energy": 53.973084, "activity_lines": [ 7.221333, 7.372727, 7.610824, 7.775278 ] }, { "date": "2024-09-13", "close": 7.01, "volume": 19051915, "typical_volume": 62636370.05, "trend": 7.901601, "fair_value": 11.484563, "relative_strength": -6.079831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.585899, "energy": 60.134598, "activity_lines": [ 7.118, 7.305818, 7.528842, 7.718532 ] }, { "date": "2024-09-20", "close": 7.08, "volume": 11069910, "typical_volume": 61465070.95, "trend": 7.885678, "fair_value": 11.39717, "relative_strength": -5.72253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.965767, "energy": 58.075858, "activity_lines": [ 7.086, 7.254727, 7.460746, 7.665525 ] }, { "date": "2024-09-27", "close": 8.0, "volume": 59072880, "typical_volume": 59109307.0, "trend": 7.890771, "fair_value": 11.330394, "relative_strength": -9.247969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.336346, "energy": 19.116644, "activity_lines": [ 7.384, 7.371455, 7.484589, 7.672901 ] }, { "date": "2024-10-04", "close": 9.21, "volume": 36872928, "typical_volume": 57782652.15, "trend": 7.929208, "fair_value": 11.276193, "relative_strength": -5.392868, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.86462, "energy": 28.660324, "activity_lines": [ 8.026, 7.691636, 7.62665, 7.758012 ] }, { "date": "2024-10-11", "close": 9.17, "volume": 146919564, "typical_volume": 57408873.5, "trend": 7.953665, "fair_value": 11.202573, "relative_strength": -1.284583, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.901226, "energy": 41.256196, "activity_lines": [ 8.524, 7.973273, 7.761359, 7.838063 ] }, { "date": "2024-10-18", "close": 10.43, "volume": 252658658, "typical_volume": 64280235.7, "trend": 8.017794, "fair_value": 11.140043, "relative_strength": 9.039071, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.02265, "energy": 67.75542, "activity_lines": [ 9.302667, 8.468364, 8.014952, 7.997827 ] }, { "date": "2024-10-25", "close": 10.98, "volume": 232837697, "typical_volume": 70683896.6, "trend": 8.100921, "fair_value": 11.080699, "relative_strength": 12.125454, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.116268, "energy": 88.191748, "activity_lines": [ 10.036667, 9.014364, 8.313714, 8.188937 ] }, { "date": "2024-11-01", "close": 10.16, "volume": 128291813, "typical_volume": 73601988.9, "trend": 8.161041, "fair_value": 11.029463, "relative_strength": 5.625717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.862677, "energy": 82.817187, "activity_lines": [ 10.237333, 9.346727, 8.520857, 8.321781 ] }, { "date": "2024-11-08", "close": 15.89, "volume": 303350402, "typical_volume": 85104978.95, "trend": 8.434458, "fair_value": 11.011984, "relative_strength": 53.540673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.726858, "energy": 97.538458, "activity_lines": [ 12.204, 10.665455, 9.265571, 8.820423 ] }, { "date": "2024-11-15", "close": 12.72, "volume": 225238396, "typical_volume": 94268680.6, "trend": 8.602208, "fair_value": 10.973017, "relative_strength": 27.236476, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.10073, "energy": 85.157256, "activity_lines": [ 12.668667, 11.250727, 9.670429, 9.09691 ] }, { "date": "2024-11-22", "close": 13.31, "volume": 149623786, "typical_volume": 100306520.4, "trend": 8.761671, "fair_value": 10.93979, "relative_strength": 36.587903, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.065135, "energy": 77.783927, "activity_lines": [ 13.093333, 11.840727, 10.107429, 9.400638 ] }, { "date": "2024-11-29", "close": 12.03, "volume": 108128277, "typical_volume": 104355325.8, "trend": 8.896437, "fair_value": 10.91319, "relative_strength": 21.299717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.063566, "energy": 60.363279, "activity_lines": [ 12.899333, 12.083455, 10.393333, 9.611498 ] }, { "date": "2024-12-06", "close": 12.59, "volume": 102151927, "typical_volume": 108082771.15, "trend": 9.028572, "fair_value": 10.88747, "relative_strength": 24.604357, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.44325, "energy": 50.75568, "activity_lines": [ 12.822, 12.338, 10.709143, 9.849793 ] }, { "date": "2024-12-13", "close": 12.55, "volume": 135081514, "typical_volume": 112761104.0, "trend": 9.164698, "fair_value": 10.855168, "relative_strength": 24.770399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.819223, "energy": 43.269291, "activity_lines": [ 12.569333, 12.501818, 10.994952, 10.076982 ] }, { "date": "2024-12-20", "close": 11.95, "volume": 59859794, "typical_volume": 109820465.7, "trend": 9.265183, "fair_value": 10.826136, "relative_strength": 19.372159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.849924, "energy": 31.559648, "activity_lines": [ 12.339333, 12.495818, 11.199524, 10.256678 ] }, { "date": "2024-12-27", "close": 11.32, "volume": 71803142, "typical_volume": 108537532.4, "trend": 9.345333, "fair_value": 10.791898, "relative_strength": 12.86515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.312365, "energy": 25.556578, "activity_lines": [ 11.950667, 12.324727, 11.326762, 10.389247 ] }, { "date": "2025-01-03", "close": 9.89, "volume": 75427915, "typical_volume": 109683285.6, "trend": 9.403667, "fair_value": 10.746573, "relative_strength": 6.275564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.663722, "energy": 17.421573, "activity_lines": [ 11.218, 11.877455, 11.300714, 10.424387 ] }, { "date": "2025-01-10", "close": 10.08, "volume": 58036933, "typical_volume": 111108033.0, "trend": 9.458, "fair_value": 10.698928, "relative_strength": 9.449261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.891141, "energy": 18.477571, "activity_lines": [ 10.691333, 11.484545, 11.281048, 10.468022 ] }, { "date": "2025-01-17", "close": 10.59, "volume": 46461792, "typical_volume": 112152523.35, "trend": 9.547, "fair_value": 10.660199, "relative_strength": 10.919903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.730217, "energy": 17.248291, "activity_lines": [ 10.502, 11.185818, 11.29581, 10.541054 ] }, { "date": "2025-01-24", "close": 9.84, "volume": 50842673, "typical_volume": 113639095.8, "trend": 9.619333, "fair_value": 10.618206, "relative_strength": 1.775943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.316673, "energy": 16.720299, "activity_lines": [ 10.193333, 10.847091, 11.223238, 10.559957 ] }, { "date": "2025-01-31", "close": 9.63, "volume": 6826800, "typical_volume": 113027840.05, "trend": 9.701, "fair_value": 10.58552, "relative_strength": 0.941346, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.279281, "energy": 16.855187, "activity_lines": [ 9.955333, 10.522545, 11.117524, 10.560645 ] }, { "date": "2025-02-07", "close": 10.4, "volume": 33410009, "typical_volume": 114144845.0, "trend": 9.810667, "fair_value": 10.564433, "relative_strength": 4.380893, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.256716, "energy": 24.534315, "activity_lines": [ 10.086667, 10.404909, 11.072667, 10.605742 ] }, { "date": "2025-02-14", "close": 10.42, "volume": 55106433, "typical_volume": 113946522.65, "trend": 9.921667, "fair_value": 10.544981, "relative_strength": 2.443327, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.362545, "energy": 25.693103, "activity_lines": [ 10.190667, 10.320545, 11.013905, 10.645054 ] }, { "date": "2025-02-21", "close": 10.81, "volume": 59941060, "typical_volume": 115099929.25, "trend": 10.032333, "fair_value": 10.534165, "relative_strength": 3.622225, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 16.063816, "energy": 14.50452, "activity_lines": [ 10.402, 10.346545, 10.980762, 10.702366 ] }, { "date": "2025-02-28", "close": 10.42, "volume": 83822021, "typical_volume": 111945052.1, "trend": 10.102667, "fair_value": 10.508275, "relative_strength": 3.147946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.650367, "energy": 13.383582, "activity_lines": [ 10.468667, 10.333273, 10.902857, 10.727376 ] }, { "date": "2025-03-07", "close": 11.16, "volume": 116327875, "typical_volume": 105128512.95, "trend": 10.217, "fair_value": 10.484644, "relative_strength": 7.736408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.788807, "energy": 19.740652, "activity_lines": [ 10.743333, 10.482364, 10.889476, 10.795591 ] }, { "date": "2025-03-14", "close": 11.31, "volume": 111569800, "typical_volume": 99065118.1, "trend": 10.346333, "fair_value": 10.456667, "relative_strength": 7.515823, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.791788, "energy": 25.649927, "activity_lines": [ 10.966, 10.661636, 10.886905, 10.866108 ] }, { "date": "2025-03-21", "close": 11.15, "volume": 85648762, "typical_volume": 96932965.55, "trend": 10.481, "fair_value": 10.422167, "relative_strength": 8.542838, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 28.929532, "energy": 21.806913, "activity_lines": [ 11.074667, 10.786, 10.867524, 10.917957 ] }, { "date": "2025-03-28", "close": 9.89, "volume": 66898921, "typical_volume": 85110391.5, "trend": 10.569, "fair_value": 10.3884, "relative_strength": -3.052429, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.40391, "energy": 7.496027, "activity_lines": [ 10.714667, 10.661818, 10.723429, 10.879828 ] }, { "date": "2025-04-04", "close": 9.73, "volume": 37129578, "typical_volume": 75704950.6, "trend": 10.657333, "fair_value": 10.361325, "relative_strength": -2.52093, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.813641, "energy": 27.98438, "activity_lines": [ 10.362667, 10.521273, 10.592667, 10.825699 ] }, { "date": "2025-04-11", "close": 10.31, "volume": 148315772, "typical_volume": 75639549.9, "trend": 10.767333, "fair_value": 10.339285, "relative_strength": 8.403669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.27317, "energy": 30.0129, "activity_lines": [ 10.25, 10.488182, 10.531381, 10.80329 ] }, { "date": "2025-04-18", "close": 9.85, "volume": 114827263, "typical_volume": 75974499.2, "trend": 10.859667, "fair_value": 10.317045, "relative_strength": 3.757585, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.773094, "energy": 52.55428, "activity_lines": [ 10.040667, 10.359091, 10.440571, 10.744108 ] }, { "date": "2025-04-25", "close": 9.31, "volume": 66386594, "typical_volume": 74186232.55, "trend": 10.903333, "fair_value": 10.296538, "relative_strength": -3.342248, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.97248, "energy": 62.209767, "activity_lines": [ 9.748667, 10.141818, 10.308714, 10.644129 ] }, { "date": "2025-05-02", "close": 9.45, "volume": 31835626, "typical_volume": 69023938.15, "trend": 10.911333, "fair_value": 10.276176, "relative_strength": -1.953704, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.693012, "energy": 55.211801, "activity_lines": [ 9.626, 9.970182, 10.20581, 10.550366 ] }, { "date": "2025-05-09", "close": 15.05, "volume": 396071613, "typical_volume": 85834529.1, "trend": 11.107333, "fair_value": 10.289829, "relative_strength": 50.860363, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.147299, "energy": 23.951412, "activity_lines": [ 11.399333, 10.841455, 10.651, 10.817376 ] }, { "date": "2025-05-16", "close": 16.299999, "volume": 673861226, "typical_volume": 115937433.3, "trend": 11.303, "fair_value": 10.32132, "relative_strength": 60.26172, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.685279, "energy": 63.179473, "activity_lines": [ 13.234666, 11.855818, 11.200476, 11.152387 ] }, { "date": "2025-05-23", "close": 13.9, "volume": 413893002, "typical_volume": 132860687.65, "trend": 11.400333, "fair_value": 10.342095, "relative_strength": 36.190662, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.883214, "energy": 57.990273, "activity_lines": [ 13.870666, 12.340363, 11.497667, 11.319935 ] }, { "date": "2025-05-30", "close": 13.41, "volume": 249100939, "typical_volume": 142413887.95, "trend": 11.508667, "fair_value": 10.357093, "relative_strength": 31.626968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.630991, "energy": 59.96345, "activity_lines": [ 14.073333, 12.688727, 11.729095, 11.449591 ] }, { "date": "2025-06-06", "close": 13.88, "volume": 232392791, "typical_volume": 151710437.9, "trend": 11.441667, "fair_value": 10.371604, "relative_strength": 33.106507, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.656457, "energy": 70.330636, "activity_lines": [ 14.159333, 13.081454, 11.989428, 11.602581 ] }, { "date": "2025-06-13", "close": 15.82, "volume": 295740367, "typical_volume": 163955322.6, "trend": 11.545, "fair_value": 10.397722, "relative_strength": 50.794094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.239242, "energy": 56.026598, "activity_lines": [ 14.596667, 13.754364, 12.418857, 11.885054 ] }, { "date": "2025-06-20", "close": 17.860001, "volume": 627361907, "typical_volume": 194982077.95, "trend": 11.696667, "fair_value": 10.437406, "relative_strength": 69.367204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.628133, "energy": 58.132642, "activity_lines": [ 15.662667, 14.687455, 13.014095, 12.292473 ] }, { "date": "2025-06-27", "close": 17.059999, "volume": 449520651, "typical_volume": 215787610.05, "trend": 11.864333, "fair_value": 10.468461, "relative_strength": 53.77827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.879866, "energy": 59.793932, "activity_lines": [ 16.358, 15.337818, 13.493952, 12.638495 ] }, { "date": "2025-07-04", "close": 21.190001, "volume": 513628912, "typical_volume": 238713734.0, "trend": 12.151, "fair_value": 10.526367, "relative_strength": 84.683076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.200205, "energy": 79.193658, "activity_lines": [ 18.219334, 16.608, 14.335429, 13.240151 ] }, { "date": "2025-07-11", "close": 20.360001, "volume": 357316208, "typical_volume": 253582491.4, "trend": 12.411333, "fair_value": 10.579743, "relative_strength": 71.02613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.843671, "energy": 81.799098, "activity_lines": [ 19.285334, 17.511273, 15.046572, 13.769764 ] }, { "date": "2025-07-18", "close": 20.75, "volume": 319921276, "typical_volume": 265387454.15, "trend": 12.704667, "fair_value": 10.623233, "relative_strength": 67.624515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.74062, "energy": 79.035699, "activity_lines": [ 20.049334, 18.287091, 15.749381, 14.307742 ] }, { "date": "2025-07-25", "close": 20.709999, "volume": 327248086, "typical_volume": 275933464.7, "trend": 13.017667, "fair_value": 10.666693, "relative_strength": 60.811276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.939222, "energy": 73.32816, "activity_lines": [ 20.471333, 18.952, 16.39919, 14.824215 ] }, { "date": "2025-08-01", "close": 21.33, "volume": 389067825, "typical_volume": 289808365.95, "trend": 13.399, "fair_value": 10.712697, "relative_strength": 65.61342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.553362, "energy": 56.675951, "activity_lines": [ 20.91, 19.649455, 17.062571, 15.360495 ] }, { "date": "2025-08-08", "close": 23.01, "volume": 406368192, "typical_volume": 305844337.45, "trend": 13.83, "fair_value": 10.775493, "relative_strength": 73.193165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.007482, "energy": 60.701887, "activity_lines": [ 21.624, 20.517273, 17.838238, 15.980559 ] }, { "date": "2025-08-15", "close": 22.379999, "volume": 249540362, "typical_volume": 314976409.5, "trend": 14.223, "fair_value": 10.827474, "relative_strength": 58.486099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.04417, "energy": 58.678805, "activity_lines": [ 22.006666, 21.096, 18.497428, 16.532172 ] }, { "date": "2025-08-22", "close": 23.030001, "volume": 295014943, "typical_volume": 327870677.75, "trend": 14.662667, "fair_value": 10.881477, "relative_strength": 53.475653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.199415, "energy": 58.347871, "activity_lines": [ 22.471333, 21.638364, 19.159048, 17.100366 ] }, { "date": "2025-08-29", "close": 22.18, "volume": 228373373, "typical_volume": 331873557.8, "trend": 15.081, "fair_value": 10.934134, "relative_strength": 39.725685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.956415, "energy": 51.609309, "activity_lines": [ 22.500667, 21.895091, 19.676381, 17.585355 ] }, { "date": "2025-09-05", "close": 17.290001, "volume": 177742070, "typical_volume": 335019298.15, "trend": 15.310667, "fair_value": 10.95887, "relative_strength": 8.991624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.87502, "energy": 29.710968, "activity_lines": [ 20.802, 21.184182, 19.671476, 17.727871 ] }, { "date": "2025-09-12", "close": 17.26, "volume": 121411271, "typical_volume": 337770532.0, "trend": 15.538667, "fair_value": 10.981608, "relative_strength": 5.259429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.102447, "energy": 18.553081, "activity_lines": [ 19.362667, 20.463637, 19.628286, 17.853634 ] }, { "date": "2025-09-19", "close": 17.1, "volume": 110643459, "typical_volume": 341710923.65, "trend": 15.748333, "fair_value": 11.014538, "relative_strength": 2.443018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.691858, "energy": 21.275675, "activity_lines": [ 18.253334, 19.785455, 19.532, 17.954366 ] }, { "date": "2025-09-26", "close": 16.42, "volume": 100327475, "typical_volume": 326923716.75, "trend": 15.948333, "fair_value": 11.045556, "relative_strength": -3.245636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.310073, "energy": 23.379343, "activity_lines": [ 17.269333, 19.042909, 19.334524, 17.997699 ] }, { "date": "2025-10-03", "close": 16.959999, "volume": 44959341, "typical_volume": 295478622.5, "trend": 16.141667, "fair_value": 11.076083, "relative_strength": -2.960269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.659301, "energy": 23.28819, "activity_lines": [ 16.906, 18.477273, 19.181952, 18.062968 ] }, { "date": "2025-10-10", "close": 17.51, "volume": 75367445, "typical_volume": 278552344.65, "trend": 16.348333, "fair_value": 11.114503, "relative_strength": 0.870162, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.053978, "energy": 19.617082, "activity_lines": [ 17.074, 18.079818, 19.078619, 18.151247 ] }, { "date": "2025-10-17", "close": 16.469999, "volume": 177527005, "typical_volume": 274973647.95, "trend": 16.525667, "fair_value": 11.147875, "relative_strength": -0.565635, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.372995, "energy": 27.042809, "activity_lines": [ 16.880666, 17.562727, 18.859048, 18.159097 ] }, { "date": "2025-10-24", "close": 16.620001, "volume": 86344858, "typical_volume": 267671251.3, "trend": 16.75, "fair_value": 11.188645, "relative_strength": -4.497064, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.545102, "energy": 17.952884, "activity_lines": [ 16.79, 17.191818, 18.63919, 18.165183 ] }, { "date": "2025-10-31", "close": 16.59, "volume": 119444824, "typical_volume": 258856474.15, "trend": 16.978667, "fair_value": 11.227002, "relative_strength": -5.675566, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.504638, "energy": 20.552426, "activity_lines": [ 16.721333, 16.920182, 18.403429, 18.15486 ] }, { "date": "2025-11-07", "close": 16.1, "volume": 58645731, "typical_volume": 230420665.35, "trend": 17.171667, "fair_value": 11.259395, "relative_strength": -8.339744, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.029928, "energy": 27.559416, "activity_lines": [ 16.478, 16.676545, 18.117333, 18.098172 ] }, { "date": "2025-11-14", "close": 15.71, "volume": 62983077, "typical_volume": 211093786.65, "trend": 17.367, "fair_value": 11.292601, "relative_strength": -9.294698, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.003827, "energy": 38.260772, "activity_lines": [ 16.162, 16.472545, 17.802476, 18.003871 ] }, { "date": "2025-11-21", "close": 18.120001, "volume": 287281027, "typical_volume": 199776392.4, "trend": 17.660667, "fair_value": 11.335044, "relative_strength": 10.002386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.064007, "energy": 17.173521, "activity_lines": [ 16.769334, 16.735455, 17.723572, 18.052452 ] }, { "date": "2025-11-28", "close": 17.540001, "volume": 336278089, "typical_volume": 198724486.45, "trend": 17.930333, "fair_value": 11.375011, "relative_strength": 2.49773, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.238285, "energy": 11.864475, "activity_lines": [ 17.073334, 16.877273, 17.604048, 18.044667 ] }, { "date": "2025-12-05", "close": 17.17, "volume": 152652828, "typical_volume": 190361064.05, "trend": 18.001, "fair_value": 11.411552, "relative_strength": -1.113858, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -35.813652, "energy": 19.15573, "activity_lines": [ 17.192667, 16.943818, 17.462714, 17.995613 ] }, { "date": "2025-12-12", "close": 16.709999, "volume": 121988558, "typical_volume": 180098087.65, "trend": 18.014667, "fair_value": 11.447554, "relative_strength": -4.689626, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.732165, "energy": 21.590638, "activity_lines": [ 17.12, 16.913091, 17.294619, 17.912323 ] }, { "date": "2025-12-19", "close": 15.83, "volume": 96474475, "typical_volume": 165468420.15, "trend": 18.079, "fair_value": 11.476974, "relative_strength": -9.006191, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.272718, "energy": 30.554666, "activity_lines": [ 16.713333, 16.726909, 17.061762, 17.771376 ] }, { "date": "2025-12-26", "close": 16.459999, "volume": 114609645, "typical_volume": 150880492.8, "trend": 18.180667, "fair_value": 11.511712, "relative_strength": -8.805824, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.52896, "energy": 33.228559, "activity_lines": [ 16.508666, 16.685818, 16.915095, 17.666925 ] }, { "date": "2026-01-02", "close": 16.49, "volume": 62545620, "typical_volume": 141530755.7, "trend": 18.267667, "fair_value": 11.549993, "relative_strength": -8.398861, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.537981, "energy": 33.160084, "activity_lines": [ 16.424666, 16.650364, 16.802476, 17.557849 ] }, { "date": "2026-01-09", "close": 17.92, "volume": 201324210, "typical_volume": 136846219.05, "trend": 18.337667, "fair_value": 11.600904, "relative_strength": -4.980494, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.799447, "energy": 15.274443, "activity_lines": [ 16.887333, 16.877273, 16.854095, 17.535419 ] }, { "date": "2026-01-16", "close": 16.290001, "volume": 169064260, "typical_volume": 133880763.4, "trend": 18.285333, "fair_value": 11.639371, "relative_strength": -14.717729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.537303, "energy": 20.073059, "activity_lines": [ 16.756667, 16.783636, 16.77481, 17.403312 ] }, { "date": "2026-01-23", "close": 16.879999, "volume": 158017878, "typical_volume": 132894553.8, "trend": 18.279333, "fair_value": 11.681432, "relative_strength": -12.866286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.890013, "energy": 10.678711, "activity_lines": [ 16.850667, 16.793818, 16.779762, 17.312645 ] }, { "date": "2026-01-30", "close": 15.53, "volume": 82576694, "typical_volume": 130952824.95, "trend": 18.090667, "fair_value": 11.715027, "relative_strength": -18.684742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.995415, "energy": 25.359127, "activity_lines": [ 16.424667, 16.537273, 16.658095, 17.135269 ] }, { "date": "2026-02-06", "close": 15.71, "volume": 48201496, "typical_volume": 127830726.8, "trend": 17.935667, "fair_value": 11.747743, "relative_strength": -16.148236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.756325, "energy": 33.838633, "activity_lines": [ 16.120667, 16.360545, 16.561809, 16.981677 ] }, { "date": "2026-02-13", "close": 15.85, "volume": 48012524, "typical_volume": 125214979.25, "trend": 17.772333, "fair_value": 11.77763, "relative_strength": -16.745623, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.503391, "energy": 36.813176, "activity_lines": [ 15.915333, 16.242545, 16.485476, 16.847118 ] }, { "date": "2026-02-27", "close": 15.97, "volume": 50990315, "typical_volume": 125516527.95, "trend": 17.614333, "fair_value": 11.807307, "relative_strength": -18.537837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.200623, "energy": 42.664644, "activity_lines": [ 15.888, 16.170364, 16.423286, 16.730839 ] }, { "date": "2026-03-06", "close": 15.49, "volume": 119629755, "typical_volume": 127729643.45, "trend": 17.419667, "fair_value": 11.834209, "relative_strength": -19.315864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.03514, "energy": 41.999198, "activity_lines": [ 15.722, 16.024364, 16.320095, 16.593785 ] }, { "date": "2026-03-13", "close": 14.45, "volume": 50610170, "typical_volume": 121383801.7, "trend": 17.134333, "fair_value": 11.852034, "relative_strength": -25.284644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.331833, "energy": 53.21249, "activity_lines": [ 15.302, 15.695455, 16.127476, 16.402194 ] }, { "date": "2026-03-20", "close": 12.88, "volume": 39603628, "typical_volume": 119046740.2, "trend": 16.817667, "fair_value": 11.858063, "relative_strength": -31.312493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.987413, "energy": 72.892203, "activity_lines": [ 14.430667, 15.117636, 15.794952, 16.12772 ] }, { "date": "2026-03-27", "close": 13.0, "volume": 69731594, "typical_volume": 116561078.7, "trend": 16.483333, "fair_value": 11.86889, "relative_strength": -30.041334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.438709, "energy": 78.423588, "activity_lines": [ 13.788, 14.627273, 15.491667, 15.881419 ] }, { "date": "2026-04-03", "close": 12.39, "volume": 36741060, "typical_volume": 115465845.15, "trend": 16.157, "fair_value": 11.87912, "relative_strength": -31.284973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.105134, "energy": 84.610243, "activity_lines": [ 13.132, 14.115455, 15.147381, 15.617333 ] }, { "date": "2026-04-10", "close": 12.89, "volume": 27720095, "typical_volume": 113702696.05, "trend": 16.010333, "fair_value": 11.889468, "relative_strength": -33.254856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.279116, "energy": 80.443956, "activity_lines": [ 12.881333, 13.765455, 14.868381, 15.406559 ] }, { "date": "2026-04-17", "close": 12.95, "volume": 45576604, "typical_volume": 101617474.9, "trend": 15.866667, "fair_value": 11.902346, "relative_strength": -35.374452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.556822, "energy": 77.592725, "activity_lines": [ 12.824, 13.498909, 14.608524, 15.209118 ] }, { "date": "2026-04-24", "close": 12.19, "volume": 52363579, "typical_volume": 87421749.4, "trend": 15.703, "fair_value": 11.910126, "relative_strength": -39.224715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.73857, "energy": 79.143709, "activity_lines": [ 12.613333, 13.141091, 14.300905, 14.971914 ] }, { "date": "2026-05-01", "close": 12.62, "volume": 38861549, "typical_volume": 81732185.45, "trend": 15.576333, "fair_value": 11.921981, "relative_strength": -37.685096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.605038, "energy": 67.852624, "activity_lines": [ 12.592, 12.925455, 14.059714, 14.773011 ] }, { "date": "2026-05-08", "close": 13.5, "volume": 42461594, "typical_volume": 77755837.25, "trend": 15.461, "fair_value": 11.944558, "relative_strength": -35.212958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.148697, "energy": 50.721212, "activity_lines": [ 12.889333, 12.928545, 13.924, 14.639054 ] }, { "date": "2026-05-15", "close": 12.51, "volume": 81211410, "typical_volume": 76992684.0, "trend": 15.294333, "fair_value": 11.960112, "relative_strength": -39.360399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301554, "energy": 50.411713, "activity_lines": [ 12.782667, 12.796545, 13.709286, 14.448667 ] }, { "date": "2026-05-22", "close": 12.06, "volume": 39674487, "typical_volume": 73245926.1, "trend": 15.147333, "fair_value": 11.97361, "relative_strength": -40.967284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.011113, "energy": 50.45971, "activity_lines": [ 12.551333, 12.636909, 13.467524, 14.24 ] }, { "date": "2026-05-29", "close": 10.96, "volume": 44485931, "typical_volume": 72342941.65, "trend": 14.958667, "fair_value": 11.980997, "relative_strength": -45.743074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.105432, "energy": 58.395202, "activity_lines": [ 12.012667, 12.320727, 13.141952, 13.969849 ] }, { "date": "2026-06-05", "close": 10.72, "volume": 7994840, "typical_volume": 62676473.15, "trend": 14.763, "fair_value": 11.981651, "relative_strength": -45.515252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.778871, "energy": 83.978835, "activity_lines": [ 11.476, 11.995818, 12.819857, 13.696387 ] }, { "date": "2026-06-12", "close": 13.16, "volume": 43648630, "typical_volume": 56405691.65, "trend": 14.665, "fair_value": 11.999263, "relative_strength": -31.044573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.970512, "energy": 52.670886, "activity_lines": [ 11.879333, 12.156, 12.764429, 13.592968 ] }, { "date": "2026-06-19", "close": 11.94, "volume": 140662697, "typical_volume": 55537932.6, "trend": 14.539333, "fair_value": 12.008491, "relative_strength": -40.873066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.717886, "energy": 49.440513, "activity_lines": [ 11.898667, 12.080364, 12.607714, 13.417161 ] }, { "date": "2026-06-26", "close": 10.84, "volume": 18784690, "typical_volume": 52348332.4, "trend": 14.296667, "fair_value": 12.009755, "relative_strength": -44.54536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.904766, "energy": 53.304625, "activity_lines": [ 11.589333, 11.822, 12.369762, 13.178495 ] }, { "date": "2026-07-03", "close": 11.71, "volume": 28727095, "typical_volume": 51374612.35, "trend": 14.102333, "fair_value": 12.017429, "relative_strength": -38.532986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.810151, "energy": 37.874661, "activity_lines": [ 11.651333, 11.760182, 12.237, 13.011613 ] }, { "date": "2026-07-10", "close": 10.15, "volume": 99881216, "typical_volume": 53968046.95, "trend": 13.868333, "fair_value": 12.014271, "relative_strength": -43.579124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.364251, "energy": 53.117994, "activity_lines": [ 11.143333, 11.423455, 11.974714, 12.756624 ] }, { "date": "2026-07-17", "close": 8.84, "volume": 61198966, "typical_volume": 54478479.5, "trend": 13.606, "fair_value": 12.000219, "relative_strength": -44.94336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.477263, "energy": 73.928655, "activity_lines": [ 10.236667, 10.893455, 11.61481, 12.432215 ] }, { "date": "2026-07-24", "close": 9.56, "volume": 93188410, "typical_volume": 53156412.25, "trend": 13.397, "fair_value": 11.993855, "relative_strength": -39.554196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.575034, "energy": 68.625699, "activity_lines": [ 9.858, 10.579091, 11.357429, 12.171183 ] }, { "date": "2026-07-31", "close": 9.91, "volume": 91704650, "typical_volume": 55211136.25, "trend": 13.178667, "fair_value": 11.990247, "relative_strength": -35.217751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.564053, "energy": 70.587122, "activity_lines": [ 9.754667, 10.382, 11.161619, 11.946215 ] }, { "date": "2026-08-07", "close": 10.16, "volume": 64588075, "typical_volume": 56460358.6, "trend": 12.967667, "fair_value": 11.990544, "relative_strength": -35.628698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.106126, "energy": 60.230035, "activity_lines": [ 9.796667, 10.269455, 11.011238, 11.751462 ] } ], "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." } } }