{ "ticker": { "uuid": "6431f990-1b2c-4dda-a4e7-cc51b4b64f96", "symbol": "603330", "name": "Tianyang New Materials (Shanghai) Technology Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 60.342, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -11.469, "architecture_energy": 17.669, "architecture_maturity": 19.475, "architecture_confidence": 63.163, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 67.05, "rotation_up": 23.45, "upward_expansion": 12.21, "deceleration": 57.54, "rotation_down": 48.83, "downward_expansion": 42.21 }, "activity_lines": [ 7.019333, 7.347636, 7.374714, 7.342129 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 7.65, "trend_reference": 7.353667, "distance_from_trend": 0.040297, "trend_direction": "Weakening", "fair_value": 6.899125, "distance_from_fair_value": 0.108836, "fair_value_direction": "Improving", "relative_strength": 2.858459, "relative_strength_direction": "Improving", "price_momentum": 0.014589, "excess_performance": 0.057793, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040297, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.004108, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.108836, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.103241, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.028585, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.128579, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.014589, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.500035, "read": "Supply-led" } ], "volume": { "latest": 86965204, "relative_activity": 1.193641, "balance": 0.500035, "dry_up": 1.540627, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.164103, "annualized_volatility": 0.667717, "from_high_reference": -0.26087, "from_low_reference": 0.388385 }, "levels": { "trend_reference": 7.353667, "fair_value_reference": 6.899125, "structural_low": 5.51, "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": 11, "median_return": -0.011111, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.026012, "regime_survival": 0.363636, "best_return": 0.153285, "worst_return": -0.275545, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.072581, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.074823, "regime_survival": 0.142857, "best_return": 0.124638, "worst_return": -0.29425, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.130489, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.057015, "regime_survival": 0.4, "best_return": 0.489051, "worst_return": -0.317278, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.130668, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.007074, "regime_survival": 0.0, "best_return": 0.416058, "worst_return": -0.486806, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.184801, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": 0.020833, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.195783, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-05-09", "tenure": "Developing", "return": -0.158028, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": -0.054412, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": -0.005789, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.008415, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": -0.032419, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-12-05", "tenure": "Developing", "return": 0.005284, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-03-27", "tenure": "Established", "return": -0.08871, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-29", "tenure": "Developing", "return": -0.007728, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": 0.01626, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.140485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.272879, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.347651, "volume": 36676134, "typical_volume": 17530983.2, "trend": 11.897963, "fair_value": 12.452751, "relative_strength": -25.535028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.98688, "energy": 56.44574, "activity_lines": [ 9.964282, 10.200473, 10.526067, 11.082694 ] }, { "date": "2023-08-04", "close": 8.925436, "volume": 65954812, "typical_volume": 19836988.6, "trend": 11.760498, "fair_value": 12.440181, "relative_strength": -28.854645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.75958, "energy": 75.087362, "activity_lines": [ 9.531593, 9.938931, 10.335673, 10.890918 ] }, { "date": "2023-08-11", "close": 8.395212, "volume": 50812928, "typical_volume": 21152999.05, "trend": 11.569028, "fair_value": 12.421612, "relative_strength": -30.503167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.442778, "energy": 89.626418, "activity_lines": [ 9.054392, 9.617048, 10.110351, 10.673802 ] }, { "date": "2023-08-18", "close": 8.061368, "volume": 36642878, "typical_volume": 22033734.8, "trend": 11.371012, "fair_value": 12.395301, "relative_strength": -31.46133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.623008, "energy": 91.920086, "activity_lines": [ 8.604029, 9.277848, 9.873293, 10.447502 ] }, { "date": "2023-08-25", "close": 7.737342, "volume": 27904332, "typical_volume": 22450671.95, "trend": 11.157613, "fair_value": 12.36483, "relative_strength": -32.063316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.984213, "energy": 92.51197, "activity_lines": [ 8.221089, 8.915796, 9.626089, 10.213071 ] }, { "date": "2023-09-01", "close": 8.041729, "volume": 31607856, "typical_volume": 23159116.05, "trend": 10.917703, "fair_value": 12.335649, "relative_strength": -30.263162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.935431, "energy": 86.851157, "activity_lines": [ 8.070532, 8.660503, 9.427372, 10.012047 ] }, { "date": "2023-09-08", "close": 8.542497, "volume": 175239031, "typical_volume": 31028704.0, "trend": 10.73638, "fair_value": 12.30842, "relative_strength": -24.948645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.446302, "energy": 62.821416, "activity_lines": [ 8.173958, 8.535891, 9.293694, 9.858808 ] }, { "date": "2023-09-15", "close": 8.247928, "volume": 68697548, "typical_volume": 33712336.7, "trend": 10.58124, "fair_value": 12.273199, "relative_strength": -26.909839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.801434, "energy": 57.747419, "activity_lines": [ 8.204724, 8.400747, 9.143698, 9.698262 ] }, { "date": "2023-09-22", "close": 8.100643, "volume": 33810043, "typical_volume": 35012439.6, "trend": 10.375042, "fair_value": 12.237097, "relative_strength": -27.830503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.801918, "energy": 53.206912, "activity_lines": [ 8.196215, 8.27917, 8.991644, 9.538224 ] }, { "date": "2023-09-29", "close": 8.326479, "volume": 35239242, "typical_volume": 35846786.6, "trend": 10.199283, "fair_value": 12.20842, "relative_strength": -24.726896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.531834, "energy": 42.842885, "activity_lines": [ 8.260365, 8.245785, 8.87377, 9.406058 ] }, { "date": "2023-10-13", "close": 8.738875, "volume": 70740445, "typical_volume": 38620664.35, "trend": 10.053635, "fair_value": 12.177604, "relative_strength": -19.853235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.487189, "energy": 36.357811, "activity_lines": [ 8.422705, 8.312376, 8.80658, 9.311838 ] }, { "date": "2023-10-20", "close": 7.953359, "volume": 50939528, "typical_volume": 40247929.4, "trend": 9.912242, "fair_value": 12.146158, "relative_strength": -23.912073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.702762, "energy": 38.347037, "activity_lines": [ 8.27673, 8.247213, 8.674725, 9.176337 ] }, { "date": "2023-10-27", "close": 7.914083, "volume": 52401615, "typical_volume": 41994651.25, "trend": 9.755793, "fair_value": 12.116159, "relative_strength": -24.526791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.862393, "energy": 41.705, "activity_lines": [ 8.156938, 8.192584, 8.553204, 9.047423 ] }, { "date": "2023-11-03", "close": 7.806074, "volume": 31171561, "typical_volume": 42930709.55, "trend": 9.60229, "fair_value": 12.088331, "relative_strength": -25.264572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.31216, "energy": 47.463264, "activity_lines": [ 8.023401, 8.127065, 8.435049, 8.921635 ] }, { "date": "2023-11-10", "close": 8.120282, "volume": 37069792, "typical_volume": 43999244.35, "trend": 9.478571, "fair_value": 12.051348, "relative_strength": -21.837551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.159402, "energy": 46.514898, "activity_lines": [ 8.014237, 8.123316, 8.357479, 8.826022 ] }, { "date": "2023-11-17", "close": 8.316661, "volume": 27899399, "typical_volume": 44926307.75, "trend": 9.366307, "fair_value": 12.021947, "relative_strength": -19.588026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.438107, "energy": 40.725017, "activity_lines": [ 8.084279, 8.14831, 8.310255, 8.75106 ] }, { "date": "2023-11-24", "close": 8.022092, "volume": 23727625, "typical_volume": 45124315.8, "trend": 9.266809, "fair_value": 11.991886, "relative_strength": -21.519514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.042858, "energy": 37.697956, "activity_lines": [ 8.084279, 8.114747, 8.244047, 8.664336 ] }, { "date": "2023-12-01", "close": 7.776618, "volume": 19004196, "typical_volume": 45302132.45, "trend": 9.16731, "fair_value": 11.958677, "relative_strength": -23.169918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.531696, "energy": 38.549552, "activity_lines": [ 7.997872, 8.046014, 8.168207, 8.568195 ] }, { "date": "2023-12-08", "close": 7.442773, "volume": 24154643, "typical_volume": 45821996.15, "trend": 9.056683, "fair_value": 11.926664, "relative_strength": -24.41244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.037255, "energy": 45.716381, "activity_lines": [ 7.809348, 7.925152, 8.073384, 8.456934 ] }, { "date": "2023-12-15", "close": 7.383859, "volume": 21488331, "typical_volume": 46059096.95, "trend": 8.945401, "fair_value": 11.892731, "relative_strength": -23.691455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.639517, "energy": 69.652622, "activity_lines": [ 7.625406, 7.805539, 7.988427, 8.34901 ] }, { "date": "2023-12-22", "close": 7.177661, "volume": 21987506, "typical_volume": 45324665.55, "trend": 8.822337, "fair_value": 11.840707, "relative_strength": -24.533369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.598934, "energy": 80.913729, "activity_lines": [ 7.421826, 7.665574, 7.894866, 8.234963 ] }, { "date": "2023-12-29", "close": 7.442773, "volume": 26804460, "typical_volume": 43367147.95, "trend": 8.706801, "fair_value": 11.781197, "relative_strength": -22.76288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.527455, "energy": 74.271948, "activity_lines": [ 7.38255, 7.602197, 7.836887, 8.145958 ] }, { "date": "2024-01-05", "close": 7.177661, "volume": 16708269, "typical_volume": 41661915.0, "trend": 8.586682, "fair_value": 11.728418, "relative_strength": -23.831769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.493753, "energy": 75.37711, "activity_lines": [ 7.293525, 7.499902, 7.76072, 8.047304 ] }, { "date": "2024-01-12", "close": 7.423135, "volume": 45218137, "typical_volume": 42090677.95, "trend": 8.499293, "fair_value": 11.673752, "relative_strength": -19.139869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.463507, "energy": 50.888913, "activity_lines": [ 7.326255, 7.455627, 7.71373, 7.972237 ] }, { "date": "2024-01-19", "close": 7.256213, "volume": 98270805, "typical_volume": 45609001.6, "trend": 8.388993, "fair_value": 11.623868, "relative_strength": -18.630055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.783067, "energy": 48.160513, "activity_lines": [ 7.304653, 7.387965, 7.653881, 7.892038 ] }, { "date": "2024-01-26", "close": 6.90273, "volume": 123496215, "typical_volume": 50203419.55, "trend": 8.278367, "fair_value": 11.572693, "relative_strength": -23.730715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.709848, "energy": 49.029208, "activity_lines": [ 7.173733, 7.271745, 7.562658, 7.79615 ] }, { "date": "2024-02-02", "close": 5.616446, "volume": 67944481, "typical_volume": 44838692.05, "trend": 8.101953, "fair_value": 11.52202, "relative_strength": -32.906708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.628724, "energy": 63.591392, "activity_lines": [ 6.632381, 6.947362, 7.354356, 7.624413 ] }, { "date": "2024-02-09", "close": 4.929119, "volume": 143569139, "typical_volume": 48582271.6, "trend": 7.917356, "fair_value": 11.464895, "relative_strength": -42.849226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.243848, "energy": 88.540008, "activity_lines": [ 5.983675, 6.541749, 7.094527, 7.419714 ] }, { "date": "2024-02-23", "close": 5.665541, "volume": 72061837, "typical_volume": 50494861.3, "trend": 7.749779, "fair_value": 11.406513, "relative_strength": -36.372027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.893143, "energy": 82.371267, "activity_lines": [ 5.730346, 6.321805, 6.920638, 7.274436 ] }, { "date": "2024-03-01", "close": 5.685179, "volume": 67851344, "typical_volume": 52125466.4, "trend": 7.615914, "fair_value": 11.356406, "relative_strength": -35.732684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.87811, "energy": 82.124964, "activity_lines": [ 5.600736, 6.137744, 6.760215, 7.141236 ] }, { "date": "2024-03-08", "close": 5.744092, "volume": 45637801, "typical_volume": 50870334.2, "trend": 7.495795, "fair_value": 11.313567, "relative_strength": -34.398095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.524277, "energy": 67.846917, "activity_lines": [ 5.595499, 5.995279, 6.61798, 7.020473 ] }, { "date": "2024-03-15", "close": 6.195765, "volume": 65700565, "typical_volume": 51608386.05, "trend": 7.404806, "fair_value": 11.26431, "relative_strength": -28.454447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.218323, "energy": 47.439516, "activity_lines": [ 5.818062, 5.961002, 6.533023, 6.9366 ] }, { "date": "2024-03-22", "close": 6.087756, "volume": 35144654, "typical_volume": 50745538.0, "trend": 7.327891, "fair_value": 11.212819, "relative_strength": -28.550552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.363724, "energy": 35.084595, "activity_lines": [ 5.966001, 5.92976, 6.446148, 6.851629 ] }, { "date": "2024-03-29", "close": 5.636084, "volume": 29295116, "typical_volume": 50651715.75, "trend": 7.247048, "fair_value": 11.158779, "relative_strength": -32.824938, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -49.841841, "energy": 34.432741, "activity_lines": [ 5.88614, 5.836212, 6.324954, 6.74248 ] }, { "date": "2024-04-05", "close": 5.901196, "volume": 20337744, "typical_volume": 49815113.35, "trend": 7.185843, "fair_value": 11.096717, "relative_strength": -29.355392, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.105068, "energy": 28.731509, "activity_lines": [ 5.896614, 5.823358, 6.239342, 6.655651 ] }, { "date": "2024-04-12", "close": 6.43142, "volume": 111066699, "typical_volume": 53973478.35, "trend": 7.132166, "fair_value": 11.043559, "relative_strength": -20.807468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.960212, "energy": 22.463132, "activity_lines": [ 6.069428, 5.931545, 6.214795, 6.606979 ] }, { "date": "2024-04-19", "close": 4.978214, "volume": 95602769, "typical_volume": 57567235.55, "trend": 7.013357, "fair_value": 10.979828, "relative_strength": -38.77139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.699682, "energy": 38.39765, "activity_lines": [ 5.712017, 5.784083, 6.060824, 6.468014 ] }, { "date": "2024-04-26", "close": 5.086222, "volume": 42537774, "typical_volume": 58743914.45, "trend": 6.907967, "fair_value": 10.915845, "relative_strength": -37.070726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.772419, "energy": 39.707894, "activity_lines": [ 5.47178, 5.667862, 5.931635, 6.343683 ] }, { "date": "2024-05-03", "close": 5.331696, "volume": 18312449, "typical_volume": 58451804.75, "trend": 6.815669, "fair_value": 10.862339, "relative_strength": -33.588394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.037399, "energy": 41.34153, "activity_lines": [ 5.380136, 5.593416, 5.838635, 6.241988 ] }, { "date": "2024-05-10", "close": 5.636084, "volume": 39589021, "typical_volume": 59356839.25, "trend": 6.725989, "fair_value": 10.817737, "relative_strength": -30.149382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.359353, "energy": 52.539756, "activity_lines": [ 5.410248, 5.580384, 5.784678, 6.165886 ] }, { "date": "2024-05-17", "close": 5.694998, "volume": 26696239, "typical_volume": 59592275.9, "trend": 6.624526, "fair_value": 10.773325, "relative_strength": -28.64485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.252822, "energy": 44.53663, "activity_lines": [ 5.477671, 5.578956, 5.744654, 6.09937 ] }, { "date": "2024-05-24", "close": 5.57717, "volume": 42381240, "typical_volume": 60371114.9, "trend": 6.54532, "fair_value": 10.726458, "relative_strength": -27.840477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.750361, "energy": 30.651571, "activity_lines": [ 5.554914, 5.556997, 5.700468, 6.031799 ] }, { "date": "2024-05-31", "close": 5.459342, "volume": 29014300, "typical_volume": 60986416.45, "trend": 6.463495, "fair_value": 10.674305, "relative_strength": -28.470327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.726982, "energy": 25.485168, "activity_lines": [ 5.55295, 5.524862, 5.653945, 5.961736 ] }, { "date": "2024-06-07", "close": 4.968395, "volume": 31103864, "typical_volume": 60280702.8, "trend": 6.368906, "fair_value": 10.619634, "relative_strength": -33.226826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.746806, "energy": 38.127785, "activity_lines": [ 5.362462, 5.41489, 5.568847, 5.865278 ] }, { "date": "2024-06-14", "close": 5.056766, "volume": 16830104, "typical_volume": 56208667.75, "trend": 6.266789, "fair_value": 10.562856, "relative_strength": -30.708572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.875993, "energy": 40.797086, "activity_lines": [ 5.225652, 5.333124, 5.503855, 5.780623 ] }, { "date": "2024-06-21", "close": 4.899662, "volume": 17343434, "typical_volume": 50901028.7, "trend": 6.152889, "fair_value": 10.508059, "relative_strength": -31.279235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.621579, "energy": 55.903625, "activity_lines": [ 5.075094, 5.238148, 5.434375, 5.692422 ] }, { "date": "2024-06-28", "close": 4.703282, "volume": 22886792, "typical_volume": 48648144.25, "trend": 6.042262, "fair_value": 10.450242, "relative_strength": -32.453057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.371445, "energy": 65.701357, "activity_lines": [ 4.912099, 5.135317, 5.355729, 5.598899 ] }, { "date": "2024-07-05", "close": 4.63455, "volume": 13594633, "typical_volume": 42149418.95, "trend": 5.937526, "fair_value": 10.39104, "relative_strength": -32.142125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.964008, "energy": 66.028205, "activity_lines": [ 4.784453, 5.024988, 5.274886, 5.508079 ] }, { "date": "2024-07-12", "close": 4.693464, "volume": 22508970, "typical_volume": 39671775.6, "trend": 5.845883, "fair_value": 10.331461, "relative_strength": -30.722132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.149105, "energy": 72.465075, "activity_lines": [ 4.73143, 4.933582, 5.201057, 5.427816 ] }, { "date": "2024-07-19", "close": 4.35, "volume": 19698008, "typical_volume": 37264108.8, "trend": 5.744754, "fair_value": 10.27097, "relative_strength": -35.034017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.418174, "energy": 85.013101, "activity_lines": [ 4.582249, 4.791333, 5.099146, 5.331308 ] }, { "date": "2024-07-26", "close": 4.75, "volume": 52366910, "typical_volume": 37600564.25, "trend": 5.663832, "fair_value": 10.212792, "relative_strength": -25.761716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.223947, "energy": 69.706101, "activity_lines": [ 4.613518, 4.745194, 5.041688, 5.26713 ] }, { "date": "2024-08-02", "close": 4.73, "volume": 33012655, "typical_volume": 35966168.75, "trend": 5.573406, "fair_value": 10.150301, "relative_strength": -25.513373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.355135, "energy": 57.489678, "activity_lines": [ 4.648099, 4.712601, 4.987059, 5.206883 ] }, { "date": "2024-08-09", "close": 4.74, "volume": 25720553, "typical_volume": 35494963.7, "trend": 5.492151, "fair_value": 10.094009, "relative_strength": -23.424004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.601286, "energy": 45.725935, "activity_lines": [ 4.684231, 4.697229, 4.940363, 5.153115 ] }, { "date": "2024-08-16", "close": 4.49, "volume": 19791236, "typical_volume": 35019769.7, "trend": 5.39438, "fair_value": 10.049515, "relative_strength": -27.148707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.09747, "energy": 43.752551, "activity_lines": [ 4.63, 4.649481, 4.876274, 5.08846 ] }, { "date": "2024-08-23", "close": 4.54, "volume": 34514454, "typical_volume": 35728605.2, "trend": 5.303839, "fair_value": 10.006005, "relative_strength": -24.988558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.329222, "energy": 41.728491, "activity_lines": [ 4.606, 4.619522, 4.822406, 5.033339 ] }, { "date": "2024-08-30", "close": 4.86, "volume": 29281448, "typical_volume": 31639342.65, "trend": 5.235748, "fair_value": 9.969285, "relative_strength": -18.721155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.569674, "energy": 30.43677, "activity_lines": [ 4.676, 4.657141, 4.805495, 5.004704 ] }, { "date": "2024-09-06", "close": 4.59, "volume": 20752215, "typical_volume": 27896814.95, "trend": 5.201533, "fair_value": 9.927557, "relative_strength": -20.48684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.303934, "energy": 33.663409, "activity_lines": [ 4.648667, 4.646391, 4.770353, 4.963043 ] }, { "date": "2024-09-13", "close": 4.48, "volume": 20097310, "typical_volume": 26774791.75, "trend": 5.186563, "fair_value": 9.885522, "relative_strength": -19.950041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.06411, "energy": 37.825268, "activity_lines": [ 4.594, 4.617699, 4.726583, 4.916492 ] }, { "date": "2024-09-20", "close": 4.47, "volume": 11563582, "typical_volume": 26437348.4, "trend": 5.146711, "fair_value": 9.845195, "relative_strength": -20.263135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.093046, "energy": 37.270025, "activity_lines": [ 4.553333, 4.59, 4.684748, 4.870262 ] }, { "date": "2024-09-27", "close": 5.0, "volume": 27354463, "typical_volume": 25825620.5, "trend": 5.123872, "fair_value": 9.800383, "relative_strength": -20.171169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.214295, "energy": 19.599332, "activity_lines": [ 4.690667, 4.662727, 4.697492, 4.860797 ] }, { "date": "2024-10-04", "close": 5.48, "volume": 18079356, "typical_volume": 25394776.35, "trend": 5.115069, "fair_value": 9.748067, "relative_strength": -18.30547, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.09258, "energy": 15.749909, "activity_lines": [ 4.957333, 4.810909, 4.758979, 4.883773 ] }, { "date": "2024-10-11", "close": 5.08, "volume": 51234540, "typical_volume": 25837441.35, "trend": 5.077877, "fair_value": 9.699518, "relative_strength": -20.639884, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.306196, "energy": 19.323299, "activity_lines": [ 5.049333, 4.873091, 4.783395, 4.881511 ] }, { "date": "2024-10-18", "close": 5.17, "volume": 39965342, "typical_volume": 26384993.45, "trend": 5.047285, "fair_value": 9.648004, "relative_strength": -19.34869, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.974343, "energy": 30.523069, "activity_lines": [ 5.138667, 4.945273, 4.81875, 4.887454 ] }, { "date": "2024-10-25", "close": 5.79, "volume": 66164800, "typical_volume": 28138040.25, "trend": 5.052415, "fair_value": 9.60135, "relative_strength": -9.917312, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.693422, "energy": 61.952528, "activity_lines": [ 5.388667, 5.122364, 4.914531, 4.935371 ] }, { "date": "2024-11-01", "close": 6.32, "volume": 156294629, "typical_volume": 35111266.5, "trend": 5.066376, "fair_value": 9.565266, "relative_strength": -0.158326, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 60.665306, "energy": 72.364676, "activity_lines": [ 5.727333, 5.372182, 5.056875, 5.017151 ] }, { "date": "2024-11-08", "close": 6.86, "volume": 137389858, "typical_volume": 41113587.7, "trend": 5.080662, "fair_value": 9.532068, "relative_strength": 3.317511, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 90.629473, "energy": 89.701983, "activity_lines": [ 6.158, 5.687818, 5.244632, 5.132869 ] }, { "date": "2024-11-15", "close": 6.72, "volume": 80549905, "typical_volume": 43996743.35, "trend": 5.138721, "fair_value": 9.499611, "relative_strength": 5.594118, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.450619, "energy": 89.475472, "activity_lines": [ 6.45, 5.941636, 5.409721, 5.238632 ] }, { "date": "2024-11-22", "close": 7.05, "volume": 87707108, "typical_volume": 47702367.1, "trend": 5.20418, "fair_value": 9.469269, "relative_strength": 13.579724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.995595, "energy": 90.268008, "activity_lines": [ 6.742667, 6.216727, 5.596636, 5.361941 ] }, { "date": "2024-11-29", "close": 7.26, "volume": 85423085, "typical_volume": 50848072.85, "trend": 5.268457, "fair_value": 9.443107, "relative_strength": 15.411269, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.718344, "energy": 89.760881, "activity_lines": [ 6.98, 6.483273, 5.792048, 5.494574 ] }, { "date": "2024-12-06", "close": 7.0, "volume": 59067413, "typical_volume": 52816543.1, "trend": 5.313921, "fair_value": 9.404253, "relative_strength": 9.306278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.744694, "energy": 75.858546, "activity_lines": [ 7.032667, 6.651818, 5.950476, 5.606287 ] }, { "date": "2024-12-13", "close": 9.0, "volume": 131377060, "typical_volume": 56767050.6, "trend": 5.424088, "fair_value": 9.377379, "relative_strength": 40.830366, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.016087, "energy": 84.249197, "activity_lines": [ 7.706667, 7.147636, 6.286762, 5.844098 ] }, { "date": "2024-12-20", "close": 8.14, "volume": 125394989, "typical_volume": 61386167.3, "trend": 5.509515, "fair_value": 9.34238, "relative_strength": 28.394889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.800979, "energy": 66.117089, "activity_lines": [ 7.951333, 7.423091, 6.520905, 6.019318 ] }, { "date": "2024-12-27", "close": 7.11, "volume": 99800539, "typical_volume": 65090166.6, "trend": 5.564537, "fair_value": 9.295332, "relative_strength": 11.513634, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.562839, "energy": 56.477668, "activity_lines": [ 7.758, 7.455636, 6.640714, 6.122575 ] }, { "date": "2025-01-03", "close": 6.0, "volume": 65412809, "typical_volume": 67371245.25, "trend": 5.598924, "fair_value": 9.250201, "relative_strength": 0.285689, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.431815, "energy": 38.100915, "activity_lines": [ 7.190667, 7.251091, 6.643524, 6.15067 ] }, { "date": "2025-01-10", "close": 6.86, "volume": 105733385, "typical_volume": 70932191.8, "trend": 5.659032, "fair_value": 9.213329, "relative_strength": 16.55594, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.781867, "energy": 22.352218, "activity_lines": [ 6.994, 7.199091, 6.721048, 6.23203 ] }, { "date": "2025-01-17", "close": 6.64, "volume": 59566125, "typical_volume": 72446425.65, "trend": 5.717043, "fair_value": 9.179251, "relative_strength": 10.872665, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.009974, "energy": 24.405221, "activity_lines": [ 6.733333, 7.097273, 6.766571, 6.295318 ] }, { "date": "2025-01-24", "close": 6.44, "volume": 42564319, "typical_volume": 73537030.85, "trend": 5.774934, "fair_value": 9.146505, "relative_strength": 7.82923, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.004208, "energy": 23.435767, "activity_lines": [ 6.563333, 6.963091, 6.784571, 6.34196 ] }, { "date": "2025-01-31", "close": 6.27, "volume": 8641780, "typical_volume": 72964254.35, "trend": 5.829449, "fair_value": 9.108506, "relative_strength": 5.53788, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.667744, "energy": 17.07733, "activity_lines": [ 6.45, 6.803091, 6.777571, 6.3739 ] }, { "date": "2025-02-07", "close": 6.84, "volume": 37455723, "typical_volume": 74258861.4, "trend": 5.901, "fair_value": 9.078279, "relative_strength": 13.267121, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.039295, "energy": 13.389127, "activity_lines": [ 6.582667, 6.760909, 6.816333, 6.439097 ] }, { "date": "2025-02-14", "close": 7.91, "volume": 92145603, "typical_volume": 77498418.4, "trend": 6.019667, "fair_value": 9.052343, "relative_strength": 28.431019, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.153182, "energy": 26.188766, "activity_lines": [ 7.016, 6.920909, 6.945714, 6.56871 ] }, { "date": "2025-02-21", "close": 7.94, "volume": 106243521, "typical_volume": 81906626.65, "trend": 6.126, "fair_value": 9.027219, "relative_strength": 27.065946, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.302091, "energy": 43.113305, "activity_lines": [ 7.389333, 7.069818, 7.064095, 6.692602 ] }, { "date": "2025-02-28", "close": 7.91, "volume": 63443040, "typical_volume": 82517051.65, "trend": 6.232, "fair_value": 9.004604, "relative_strength": 28.133683, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.753815, "energy": 58.633149, "activity_lines": [ 7.666, 7.232545, 7.167905, 6.807699 ] }, { "date": "2025-03-07", "close": 7.61, "volume": 57657579, "typical_volume": 83401663.5, "trend": 6.327667, "fair_value": 8.978295, "relative_strength": 20.922401, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.375036, "energy": 57.511152, "activity_lines": [ 7.744667, 7.344909, 7.229667, 6.896602 ] }, { "date": "2025-03-14", "close": 8.05, "volume": 66050963, "typical_volume": 83395971.65, "trend": 6.446333, "fair_value": 8.952813, "relative_strength": 25.733119, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.734659, "energy": 62.710029, "activity_lines": [ 7.880667, 7.528182, 7.321714, 7.00772 ] }, { "date": "2025-03-21", "close": 8.05, "volume": 58075550, "typical_volume": 78485017.7, "trend": 6.563333, "fair_value": 8.925871, "relative_strength": 27.261768, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.502294, "energy": 55.77341, "activity_lines": [ 7.936, 7.674182, 7.403, 7.111183 ] }, { "date": "2025-03-28", "close": 8.29, "volume": 56142100, "typical_volume": 74422629.8, "trend": 6.677667, "fair_value": 8.900157, "relative_strength": 30.754949, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.281922, "energy": 56.939313, "activity_lines": [ 8.062, 7.842182, 7.498905, 7.222581 ] }, { "date": "2025-04-04", "close": 8.16, "volume": 119550240, "typical_volume": 76372646.55, "trend": 6.796667, "fair_value": 8.869226, "relative_strength": 28.385305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.506342, "energy": 53.523315, "activity_lines": [ 8.121333, 7.956545, 7.575619, 7.318215 ] }, { "date": "2025-04-11", "close": 7.51, "volume": 93672118, "typical_volume": 76670897.05, "trend": 6.897667, "fair_value": 8.840284, "relative_strength": 21.71252, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.940111, "energy": 37.348692, "activity_lines": [ 7.947333, 7.921455, 7.583571, 7.364237 ] }, { "date": "2025-04-18", "close": 6.86, "volume": 90289228, "typical_volume": 76914204.2, "trend": 6.977333, "fair_value": 8.80713, "relative_strength": 9.35362, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.665852, "energy": 12.660765, "activity_lines": [ 7.563333, 7.745636, 7.527429, 7.361806 ] }, { "date": "2025-04-25", "close": 6.27, "volume": 70551731, "typical_volume": 77488420.1, "trend": 7.019667, "fair_value": 8.772541, "relative_strength": -0.862459, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 0.51537, "energy": 16.386188, "activity_lines": [ 7.062, 7.462182, 7.417, 7.316172 ] }, { "date": "2025-05-02", "close": 6.57, "volume": 36459667, "typical_volume": 72742550.45, "trend": 7.056, "fair_value": 8.740494, "relative_strength": 4.090074, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -21.776233, "energy": 30.947912, "activity_lines": [ 6.779333, 7.263091, 7.338619, 7.287161 ] }, { "date": "2025-05-09", "close": 6.66, "volume": 55310811, "typical_volume": 69238341.55, "trend": 7.108667, "fair_value": 8.724698, "relative_strength": 3.315098, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -19.472514, "energy": 32.362716, "activity_lines": [ 6.641333, 7.105273, 7.280381, 7.261613 ] }, { "date": "2025-05-16", "close": 6.8, "volume": 45304932, "typical_volume": 66513561.2, "trend": 7.163, "fair_value": 8.712412, "relative_strength": 4.466682, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.339221, "energy": 44.465606, "activity_lines": [ 6.65, 6.995636, 7.242524, 7.241699 ] }, { "date": "2025-05-23", "close": 6.57, "volume": 35762854, "typical_volume": 65031063.45, "trend": 7.189, "fair_value": 8.703124, "relative_strength": 1.350814, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.684072, "energy": 45.137371, "activity_lines": [ 6.629333, 6.858909, 7.184238, 7.203441 ] }, { "date": "2025-05-30", "close": 6.43, "volume": 30660281, "typical_volume": 61277408.25, "trend": 7.192667, "fair_value": 8.692938, "relative_strength": -0.932461, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.132483, "energy": 50.282238, "activity_lines": [ 6.581333, 6.723636, 7.109905, 7.154473 ] }, { "date": "2025-06-06", "close": 6.91, "volume": 40656117, "typical_volume": 60331907.85, "trend": 7.194333, "fair_value": 8.682286, "relative_strength": 4.842674, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.378955, "energy": 32.773381, "activity_lines": [ 6.682667, 6.705091, 7.083333, 7.136237 ] }, { "date": "2025-06-13", "close": 6.55, "volume": 82758951, "typical_volume": 62341639.45, "trend": 7.188667, "fair_value": 8.666538, "relative_strength": -0.640481, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.870115, "energy": 34.295966, "activity_lines": [ 6.641333, 6.646182, 7.02119, 7.094667 ] }, { "date": "2025-06-20", "close": 6.42, "volume": 39128426, "typical_volume": 63865971.75, "trend": 7.167667, "fair_value": 8.652259, "relative_strength": -2.382759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.561682, "energy": 36.332108, "activity_lines": [ 6.564, 6.592909, 6.946143, 7.045075 ] }, { "date": "2025-06-27", "close": 6.74, "volume": 35066504, "typical_volume": 63746510.8, "trend": 7.150333, "fair_value": 8.637998, "relative_strength": 0.18022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.202201, "energy": 25.69425, "activity_lines": [ 6.618667, 6.617636, 6.900857, 7.017484 ] }, { "date": "2025-07-04", "close": 6.76, "volume": 30339390, "typical_volume": 60656200.15, "trend": 7.142333, "fair_value": 8.618452, "relative_strength": -1.277217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.642292, "energy": 26.04314, "activity_lines": [ 6.668667, 6.648182, 6.857952, 6.992301 ] }, { "date": "2025-07-11", "close": 6.98, "volume": 47614581, "typical_volume": 57724753.15, "trend": 7.075, "fair_value": 8.594715, "relative_strength": 0.435768, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.015757, "energy": 18.685492, "activity_lines": [ 6.77, 6.709818, 6.841476, 6.981828 ] }, { "date": "2025-07-18", "close": 6.87, "volume": 49434180, "typical_volume": 57024310.15, "trend": 7.032667, "fair_value": 8.568951, "relative_strength": -2.287234, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.060192, "energy": 18.978183, "activity_lines": [ 6.83, 6.744, 6.819095, 6.968602 ] }, { "date": "2025-07-25", "close": 7.13, "volume": 36862273, "typical_volume": 55984544.85, "trend": 7.033333, "fair_value": 8.53837, "relative_strength": -0.586722, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.44226, "energy": 15.87391, "activity_lines": [ 6.955333, 6.821636, 6.826429, 6.974882 ] }, { "date": "2025-08-01", "close": 7.01, "volume": 34872553, "typical_volume": 54425624.35, "trend": 7.067, "fair_value": 8.510167, "relative_strength": -1.657761, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.707729, "energy": 15.374734, "activity_lines": [ 6.993333, 6.871455, 6.824619, 6.973376 ] }, { "date": "2025-08-08", "close": 7.2, "volume": 39209897, "typical_volume": 53482341.7, "trend": 7.078333, "fair_value": 8.481168, "relative_strength": -1.388588, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.445898, "energy": 18.294469, "activity_lines": [ 7.076667, 6.947818, 6.845857, 6.981957 ] }, { "date": "2025-08-15", "close": 7.19, "volume": 56080261, "typical_volume": 53479249.75, "trend": 7.096667, "fair_value": 8.452357, "relative_strength": -3.523777, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.897161, "energy": 29.014798, "activity_lines": [ 7.127333, 7.008364, 6.87019, 6.989161 ] }, { "date": "2025-08-22", "close": 8.02, "volume": 88953723, "typical_volume": 51949423.9, "trend": 7.149333, "fair_value": 8.418858, "relative_strength": 3.485721, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.480005, "energy": 59.137811, "activity_lines": [ 7.440667, 7.214727, 6.97881, 7.048731 ] }, { "date": "2025-08-29", "close": 7.54, "volume": 100946398, "typical_volume": 52313137.9, "trend": 7.191667, "fair_value": 8.379199, "relative_strength": -3.742584, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.178322, "energy": 47.973234, "activity_lines": [ 7.517333, 7.307091, 7.042381, 7.073935 ] }, { "date": "2025-09-05", "close": 7.83, "volume": 56459267, "typical_volume": 50621639.85, "trend": 7.224667, "fair_value": 8.334348, "relative_strength": 0.774039, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.921656, "energy": 57.488867, "activity_lines": [ 7.663333, 7.431818, 7.133429, 7.115118 ] }, { "date": "2025-09-12", "close": 7.49, "volume": 40276036, "typical_volume": 49107855.1, "trend": 7.210667, "fair_value": 8.289018, "relative_strength": -5.297184, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.892613, "energy": 52.447006, "activity_lines": [ 7.641333, 7.474909, 7.187476, 7.132237 ] }, { "date": "2025-09-19", "close": 7.54, "volume": 143946838, "typical_volume": 54482213.65, "trend": 7.197333, "fair_value": 8.249862, "relative_strength": -3.713032, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.60381, "energy": 29.063794, "activity_lines": [ 7.616667, 7.513818, 7.240476, 7.153484 ] }, { "date": "2025-09-26", "close": 7.76, "volume": 67432050, "typical_volume": 55088275.6, "trend": 7.192333, "fair_value": 8.211046, "relative_strength": -1.487908, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.209717, "energy": 29.551841, "activity_lines": [ 7.642, 7.582545, 7.30981, 7.189785 ] }, { "date": "2025-10-03", "close": 7.76, "volume": 20977100, "typical_volume": 53871884.0, "trend": 7.197333, "fair_value": 8.167384, "relative_strength": -3.197183, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.012074, "energy": 35.378038, "activity_lines": [ 7.684667, 7.635091, 7.373905, 7.226409 ] }, { "date": "2025-10-10", "close": 7.57, "volume": 18569343, "typical_volume": 53012208.45, "trend": 7.181333, "fair_value": 8.134085, "relative_strength": -6.2304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.288773, "energy": 31.916857, "activity_lines": [ 7.649333, 7.641636, 7.415333, 7.250452 ] }, { "date": "2025-10-17", "close": 7.63, "volume": 78137520, "typical_volume": 55386070.4, "trend": 7.167333, "fair_value": 8.100793, "relative_strength": -4.434057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.465882, "energy": 29.337164, "activity_lines": [ 7.651333, 7.648909, 7.457714, 7.279398 ] }, { "date": "2025-10-24", "close": 7.63, "volume": 39104920, "typical_volume": 55308510.55, "trend": 7.145333, "fair_value": 8.071025, "relative_strength": -7.260289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.794875, "energy": 23.374399, "activity_lines": [ 7.644, 7.648364, 7.494381, 7.309247 ] }, { "date": "2025-10-31", "close": 8.25, "volume": 90139207, "typical_volume": 55677523.35, "trend": 7.148333, "fair_value": 8.042211, "relative_strength": 0.019301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.179876, "energy": 37.089086, "activity_lines": [ 7.837333, 7.752545, 7.586667, 7.380516 ] }, { "date": "2025-11-07", "close": 8.38, "volume": 58621408, "typical_volume": 56652172.45, "trend": 7.177333, "fair_value": 8.016937, "relative_strength": 0.4074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.242866, "energy": 51.096632, "activity_lines": [ 8.041333, 7.876182, 7.683238, 7.459978 ] }, { "date": "2025-11-14", "close": 8.51, "volume": 55854970, "typical_volume": 57691595.75, "trend": 7.232333, "fair_value": 7.994636, "relative_strength": 2.037453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.040521, "energy": 65.645589, "activity_lines": [ 8.247333, 8.008182, 7.782857, 7.545957 ] }, { "date": "2025-11-21", "close": 7.35, "volume": 49532302, "typical_volume": 58651241.35, "trend": 7.268333, "fair_value": 7.954954, "relative_strength": -8.091487, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.656808, "energy": 39.516023, "activity_lines": [ 8.004, 7.916909, 7.763571, 7.553548 ] }, { "date": "2025-11-28", "close": 7.68, "volume": 36917738, "typical_volume": 58116399.2, "trend": 7.305333, "fair_value": 7.926451, "relative_strength": -5.109735, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.481289, "energy": 29.147373, "activity_lines": [ 7.889333, 7.888182, 7.772905, 7.580108 ] }, { "date": "2025-12-05", "close": 7.61, "volume": 30990105, "typical_volume": 57194195.45, "trend": 7.337, "fair_value": 7.900962, "relative_strength": -6.224757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.432177, "energy": 16.329793, "activity_lines": [ 7.748, 7.844182, 7.772238, 7.599763 ] }, { "date": "2025-12-12", "close": 7.44, "volume": 31414865, "typical_volume": 56921825.05, "trend": 7.358333, "fair_value": 7.875138, "relative_strength": -7.367889, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.68848, "energy": 18.835785, "activity_lines": [ 7.592667, 7.772, 7.751857, 7.606409 ] }, { "date": "2025-12-19", "close": 7.46, "volume": 30758764, "typical_volume": 56716135.6, "trend": 7.388, "fair_value": 7.843337, "relative_strength": -6.711427, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.965296, "energy": 14.860755, "activity_lines": [ 7.506667, 7.709273, 7.731905, 7.612968 ] }, { "date": "2025-12-26", "close": 7.39, "volume": 22760940, "typical_volume": 55893687.75, "trend": 7.42, "fair_value": 7.812975, "relative_strength": -9.10141, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.873161, "energy": 13.965844, "activity_lines": [ 7.467333, 7.635818, 7.703143, 7.613097 ] }, { "date": "2026-01-02", "close": 7.24, "volume": 15918998, "typical_volume": 53885624.6, "trend": 7.431, "fair_value": 7.783351, "relative_strength": -11.025446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.274926, "energy": 28.328795, "activity_lines": [ 7.375333, 7.539455, 7.65919, 7.601484 ] }, { "date": "2026-01-09", "close": 7.36, "volume": 41324775, "typical_volume": 51504177.2, "trend": 7.458, "fair_value": 7.760287, "relative_strength": -12.567586, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.219671, "energy": 28.259672, "activity_lines": [ 7.352667, 7.472, 7.626429, 7.596903 ] }, { "date": "2026-01-16", "close": 7.42, "volume": 44499210, "typical_volume": 48681817.8, "trend": 7.491333, "fair_value": 7.724201, "relative_strength": -11.257092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.546735, "energy": 23.13551, "activity_lines": [ 7.366667, 7.431636, 7.602524, 7.594452 ] }, { "date": "2026-01-23", "close": 7.97, "volume": 65782858, "typical_volume": 49147997.35, "trend": 7.532333, "fair_value": 7.684655, "relative_strength": -5.421131, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.443851, "energy": 9.632373, "activity_lines": [ 7.565333, 7.508727, 7.631571, 7.625333 ] }, { "date": "2026-01-30", "close": 7.54, "volume": 50589088, "typical_volume": 49663649.95, "trend": 7.558333, "fair_value": 7.643233, "relative_strength": -10.044985, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.623847, "energy": 5.553437, "activity_lines": [ 7.586667, 7.517455, 7.619, 7.625828 ] }, { "date": "2026-02-06", "close": 7.5, "volume": 35812132, "typical_volume": 44256914.65, "trend": 7.575667, "fair_value": 7.600673, "relative_strength": -9.176067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.372487, "energy": 7.172695, "activity_lines": [ 7.584667, 7.515455, 7.602381, 7.622065 ] }, { "date": "2026-02-13", "close": 7.46, "volume": 36502950, "typical_volume": 42710459.65, "trend": 7.595333, "fair_value": 7.550807, "relative_strength": -9.566459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.40057, "energy": 7.634674, "activity_lines": [ 7.552, 7.509455, 7.582143, 7.614602 ] }, { "date": "2026-02-27", "close": 8.01, "volume": 82141553, "typical_volume": 45768682.3, "trend": 7.624667, "fair_value": 7.512524, "relative_strength": -4.396795, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.576515, "energy": 11.549914, "activity_lines": [ 7.696, 7.606182, 7.615714, 7.641355 ] }, { "date": "2026-03-06", "close": 7.67, "volume": 52754121, "typical_volume": 47477921.2, "trend": 7.646667, "fair_value": 7.478985, "relative_strength": -7.13281, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.844723, "energy": 5.951444, "activity_lines": [ 7.687333, 7.630727, 7.615714, 7.64428 ] }, { "date": "2026-03-13", "close": 7.36, "volume": 41069086, "typical_volume": 45624499.5, "trend": 7.652, "fair_value": 7.434584, "relative_strength": -9.863163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.741602, "energy": 13.142748, "activity_lines": [ 7.595333, 7.595091, 7.585714, 7.625785 ] }, { "date": "2026-03-20", "close": 6.9, "volume": 38273434, "typical_volume": 45582925.2, "trend": 7.642333, "fair_value": 7.39164, "relative_strength": -12.023321, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.944225, "energy": 42.037266, "activity_lines": [ 7.362, 7.476364, 7.51319, 7.577269 ] }, { "date": "2026-03-27", "close": 6.78, "volume": 34958250, "typical_volume": 42823877.35, "trend": 7.601, "fair_value": 7.351073, "relative_strength": -12.032961, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.429786, "energy": 65.2781, "activity_lines": [ 7.128667, 7.342, 7.432714, 7.521634 ] }, { "date": "2026-04-03", "close": 6.47, "volume": 25217538, "typical_volume": 41153683.85, "trend": 7.565333, "fair_value": 7.314374, "relative_strength": -14.655671, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.541548, "energy": 77.394181, "activity_lines": [ 6.837333, 7.161818, 7.329714, 7.448667 ] }, { "date": "2026-04-10", "close": 6.82, "volume": 20035754, "typical_volume": 39362723.05, "trend": 7.531667, "fair_value": 7.277274, "relative_strength": -11.799616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.999446, "energy": 72.465193, "activity_lines": [ 6.765333, 7.062545, 7.269143, 7.400581 ] }, { "date": "2026-04-17", "close": 6.9, "volume": 24324971, "typical_volume": 38102356.5, "trend": 7.512, "fair_value": 7.241946, "relative_strength": -11.661537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.756428, "energy": 67.215107, "activity_lines": [ 6.776667, 6.998727, 7.224238, 7.359828 ] }, { "date": "2026-04-24", "close": 7.13, "volume": 45133716, "typical_volume": 38513155.4, "trend": 7.498333, "fair_value": 7.211806, "relative_strength": -9.040122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.398176, "energy": 39.489446, "activity_lines": [ 6.895333, 6.988364, 7.203381, 7.335183 ] }, { "date": "2026-05-01", "close": 7.4, "volume": 34469483, "typical_volume": 38687124.3, "trend": 7.486333, "fair_value": 7.184341, "relative_strength": -6.239274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.53135, "energy": 18.114816, "activity_lines": [ 7.088667, 7.033818, 7.210857, 7.328839 ] }, { "date": "2026-05-08", "close": 7.2, "volume": 28513750, "typical_volume": 38542068.55, "trend": 7.467667, "fair_value": 7.159937, "relative_strength": -9.999417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.457529, "energy": 19.024435, "activity_lines": [ 7.174, 7.044, 7.200286, 7.310366 ] }, { "date": "2026-05-15", "close": 6.96, "volume": 42784667, "typical_volume": 39143363.7, "trend": 7.447333, "fair_value": 7.135568, "relative_strength": -11.787314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.427867, "energy": 19.806466, "activity_lines": [ 7.130667, 7.025273, 7.168, 7.277613 ] }, { "date": "2026-05-22", "close": 6.94, "volume": 45006864, "typical_volume": 40255659.9, "trend": 7.424333, "fair_value": 7.11107, "relative_strength": -11.262917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.565151, "energy": 17.431103, "activity_lines": [ 7.071333, 7.015818, 7.13619, 7.244882 ] }, { "date": "2026-05-29", "close": 6.42, "volume": 102991243, "typical_volume": 44609272.15, "trend": 7.384, "fair_value": 7.083491, "relative_strength": -16.693713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.049456, "energy": 43.389626, "activity_lines": [ 6.836, 6.919455, 7.057, 7.180086 ] }, { "date": "2026-06-05", "close": 8.61, "volume": 146545589, "typical_volume": 49870312.85, "trend": 7.396, "fair_value": 7.069007, "relative_strength": 12.608602, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.968266, "energy": 8.898245, "activity_lines": [ 7.378, 7.23, 7.190286, 7.259183 ] }, { "date": "2026-06-12", "close": 8.54, "volume": 52655645, "typical_volume": 50278134.6, "trend": 7.401333, "fair_value": 7.053822, "relative_strength": 11.501282, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.011038, "energy": 33.285695, "activity_lines": [ 7.816, 7.494545, 7.310952, 7.332989 ] }, { "date": "2026-06-19", "close": 7.76, "volume": 178769096, "typical_volume": 55927446.5, "trend": 7.376333, "fair_value": 7.034455, "relative_strength": -0.100274, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.672381, "energy": 32.096871, "activity_lines": [ 7.904667, 7.579636, 7.352, 7.356129 ] }, { "date": "2026-06-26", "close": 7.59, "volume": 29091751, "typical_volume": 54852579.65, "trend": 7.384333, "fair_value": 7.018719, "relative_strength": -0.728765, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.346866, "energy": 30.671222, "activity_lines": [ 7.883333, 7.616727, 7.377857, 7.369914 ] }, { "date": "2026-07-03", "close": 8.75, "volume": 47277446, "typical_volume": 55425845.35, "trend": 7.42, "fair_value": 7.007083, "relative_strength": 13.754246, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.159565, "energy": 62.454219, "activity_lines": [ 8.205333, 7.852182, 7.513952, 7.458022 ] }, { "date": "2026-07-10", "close": 7.83, "volume": 150383974, "typical_volume": 61119896.55, "trend": 7.427333, "fair_value": 6.991753, "relative_strength": 2.990205, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.316927, "energy": 31.005099, "activity_lines": [ 8.065333, 7.890909, 7.556476, 7.484473 ] }, { "date": "2026-07-17", "close": 6.73, "volume": 130546072, "typical_volume": 63540122.5, "trend": 7.403667, "fair_value": 6.964965, "relative_strength": -5.831365, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.080445, "energy": 8.855068, "activity_lines": [ 7.610667, 7.721818, 7.492476, 7.439484 ] }, { "date": "2026-07-24", "close": 6.01, "volume": 97410709, "typical_volume": 65772951.9, "trend": 7.355333, "fair_value": 6.936395, "relative_strength": -16.698692, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.787203, "energy": 19.244609, "activity_lines": [ 7.036667, 7.430364, 7.366, 7.34957 ] }, { "date": "2026-07-31", "close": 6.93, "volume": 134060487, "typical_volume": 70422521.95, "trend": 7.34, "fair_value": 6.912274, "relative_strength": -4.228743, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.822589, "energy": 29.319952, "activity_lines": [ 6.886, 7.323455, 7.335048, 7.322129 ] }, { "date": "2026-08-07", "close": 7.65, "volume": 86965204, "typical_volume": 72857110.45, "trend": 7.353667, "fair_value": 6.899125, "relative_strength": 2.858459, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.469016, "energy": 17.669405, "activity_lines": [ 7.019333, 7.347636, 7.374714, 7.342129 ] } ], "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." } } }