{ "ticker": { "uuid": "69973a92-2ac4-4816-8de4-2a75c2bd5d04", "symbol": "605007", "name": "Wuzhou Special Paper Group 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 55.753, "architecture_energy": 52.825, "architecture_maturity": 14.909, "architecture_confidence": 68.536, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 33.76, "rotation_up": 72.01, "upward_expansion": 79.23, "deceleration": 39.52, "rotation_down": 7.06, "downward_expansion": 15.56 }, "activity_lines": [ 15.425333, 14.842182, 14.547105, 14.57861 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 15.8, "trend_reference": 14.544006, "distance_from_trend": 0.086358, "trend_direction": "Improving", "fair_value": 13.03345, "distance_from_fair_value": 0.212265, "fair_value_direction": "Weakening", "relative_strength": 17.628031, "relative_strength_direction": "Improving", "price_momentum": 0.11898, "excess_performance": 0.162184, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086358, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046105, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212265, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008234, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.17628, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.037143, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.11898, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.003441, "read": "Demand-led" } ], "volume": { "latest": 36200840, "relative_activity": 1.538568, "balance": 1.003441, "dry_up": 1.241668, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.080801, "annualized_volatility": 0.481253, "from_high_reference": -0.121246, "from_low_reference": 0.393298 }, "levels": { "trend_reference": 14.544006, "fair_value_reference": 13.03345, "structural_low": 12.26, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.018913, "positive_rate": 0.529412, "directional_follow_through": 0.529412, "median_excess_return": 0.002931, "regime_survival": 0.352941, "best_return": 0.326253, "worst_return": -0.215673, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.009615, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.026256, "regime_survival": 0.555556, "best_return": 0.142234, "worst_return": -0.118497, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.016562, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.000958, "regime_survival": 0.333333, "best_return": 0.337925, "worst_return": -0.095351, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.11002, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.15275, "regime_survival": 0.333333, "best_return": -0.076569, "worst_return": -0.217696, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.005733, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.018196, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.090333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.047505, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.053037, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": 0.007469, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.035508, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-12-19", "tenure": "Developing", "return": 0.002577, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-04-03", "tenure": "Established", "return": -0.15266, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.146411, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-05-22", "tenure": "New", "return": -0.046123, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.058441, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": 0.180173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.032005, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.138404, "volume": 11252885, "typical_volume": 12704069.1, "trend": 15.913639, "fair_value": 17.639982, "relative_strength": -6.316548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.331007, "energy": 21.096864, "activity_lines": [ 14.805205, 14.48801, 14.691708, 15.177363 ] }, { "date": "2023-08-04", "close": 14.733943, "volume": 10709756, "typical_volume": 12435846.05, "trend": 15.806315, "fair_value": 17.619224, "relative_strength": -8.744592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.157014, "energy": 19.252129, "activity_lines": [ 14.815477, 14.565447, 14.669289, 15.101254 ] }, { "date": "2023-08-11", "close": 14.06947, "volume": 8213635, "typical_volume": 12176345.6, "trend": 15.672397, "fair_value": 17.594049, "relative_strength": -9.819231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.400772, "energy": 21.805475, "activity_lines": [ 14.59527, 14.514978, 14.590755, 14.989199 ] }, { "date": "2023-08-18", "close": 13.72279, "volume": 8299818, "typical_volume": 12162897.9, "trend": 15.548194, "fair_value": 17.566786, "relative_strength": -10.195085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.821825, "energy": 36.349151, "activity_lines": [ 14.289035, 14.401444, 14.485817, 14.863418 ] }, { "date": "2023-08-25", "close": 12.480515, "volume": 13460889, "typical_volume": 12380094.75, "trend": 15.370201, "fair_value": 17.531218, "relative_strength": -16.252881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.6375, "energy": 75.344288, "activity_lines": [ 13.607229, 14.058615, 14.27006, 14.665503 ] }, { "date": "2023-09-01", "close": 13.95391, "volume": 12683841, "typical_volume": 12606278.5, "trend": 15.234335, "fair_value": 17.506375, "relative_strength": -8.319433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.010065, "energy": 66.100409, "activity_lines": [ 13.582191, 14.011165, 14.208035, 14.57413 ] }, { "date": "2023-09-08", "close": 14.368002, "volume": 11025784, "typical_volume": 12416035.85, "trend": 15.143069, "fair_value": 17.484731, "relative_strength": -5.040954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.134467, "energy": 55.561737, "activity_lines": [ 13.77415, 14.033052, 14.191341, 14.518237 ] }, { "date": "2023-09-15", "close": 14.319851, "volume": 8345822, "typical_volume": 11755050.45, "trend": 15.033054, "fair_value": 17.463054, "relative_strength": -5.35499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.860979, "energy": 35.010371, "activity_lines": [ 13.974454, 14.050386, 14.177022, 14.465127 ] }, { "date": "2023-09-22", "close": 14.213922, "volume": 5877451, "typical_volume": 11671213.25, "trend": 14.884584, "fair_value": 17.440951, "relative_strength": -6.515324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.204057, "energy": 16.735086, "activity_lines": [ 14.122757, 14.051962, 14.162571, 14.412279 ] }, { "date": "2023-09-29", "close": 14.021321, "volume": 5040889, "typical_volume": 11379935.85, "trend": 14.759856, "fair_value": 17.417846, "relative_strength": -7.103812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.316614, "energy": 17.496036, "activity_lines": [ 14.174117, 14.020095, 14.13983, 14.356585 ] }, { "date": "2023-10-13", "close": 13.83835, "volume": 6078953, "typical_volume": 10868459.95, "trend": 14.636965, "fair_value": 17.393822, "relative_strength": -7.716105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.139014, "energy": 17.508111, "activity_lines": [ 14.061767, 13.97212, 14.107276, 14.297133 ] }, { "date": "2023-10-20", "close": 13.356849, "volume": 7198804, "typical_volume": 10697597.8, "trend": 14.540885, "fair_value": 17.366909, "relative_strength": -7.824899, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.413575, "energy": 33.50218, "activity_lines": [ 13.79662, 13.860237, 14.032678, 14.214545 ] }, { "date": "2023-10-27", "close": 14.888023, "volume": 13858155, "typical_volume": 10956096.7, "trend": 14.521877, "fair_value": 17.350493, "relative_strength": 1.389979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.899066, "energy": 9.258509, "activity_lines": [ 14.109275, 14.051787, 14.108607, 14.236941 ] }, { "date": "2023-11-03", "close": 14.695423, "volume": 24190804, "typical_volume": 11681044.6, "trend": 14.501847, "fair_value": 17.333025, "relative_strength": -0.432853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.136484, "energy": 5.694028, "activity_lines": [ 14.319852, 14.193436, 14.162286, 14.248137 ] }, { "date": "2023-11-10", "close": 14.550972, "volume": 9871496, "typical_volume": 11751394.8, "trend": 14.477001, "fair_value": 17.314842, "relative_strength": -1.734834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.80602, "energy": 11.6819, "activity_lines": [ 14.450178, 14.291137, 14.196679, 14.251307 ] }, { "date": "2023-11-17", "close": 14.830243, "volume": 8735928, "typical_volume": 12012302.3, "trend": 14.464957, "fair_value": 17.298708, "relative_strength": -0.322645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.711046, "energy": 24.240686, "activity_lines": [ 14.638284, 14.401969, 14.255009, 14.274096 ] }, { "date": "2023-11-24", "close": 15.109513, "volume": 22491597, "typical_volume": 11429150.6, "trend": 14.440951, "fair_value": 17.284584, "relative_strength": 2.039674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.999163, "energy": 45.084635, "activity_lines": [ 14.853355, 14.547645, 14.334205, 14.315681 ] }, { "date": "2023-12-01", "close": 15.157663, "volume": 11835589, "typical_volume": 11278743.2, "trend": 14.399183, "fair_value": 17.27095, "relative_strength": 2.820091, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.542495, "energy": 49.855647, "activity_lines": [ 14.967631, 14.688594, 14.415555, 14.36192 ] }, { "date": "2023-12-08", "close": 14.281331, "volume": 8530891, "typical_volume": 11136644.55, "trend": 14.331061, "fair_value": 17.248043, "relative_strength": -0.915345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.833936, "energy": 42.741261, "activity_lines": [ 14.77182, 14.654976, 14.410374, 14.354317 ] }, { "date": "2023-12-15", "close": 14.262072, "volume": 7109068, "typical_volume": 10740602.75, "trend": 14.285791, "fair_value": 17.188675, "relative_strength": 0.105504, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.141383, "energy": 19.27085, "activity_lines": [ 14.597196, 14.616631, 14.403449, 14.349866 ] }, { "date": "2023-12-22", "close": 13.94428, "volume": 5996714, "typical_volume": 10477794.2, "trend": 14.262629, "fair_value": 17.127626, "relative_strength": -1.030845, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.327445, "energy": 12.477582, "activity_lines": [ 14.335901, 14.516129, 14.369607, 14.327833 ] }, { "date": "2023-12-29", "close": 14.165771, "volume": 5167512, "typical_volume": 10200682.0, "trend": 14.256692, "fair_value": 17.058409, "relative_strength": -1.082316, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.401217, "energy": 13.677781, "activity_lines": [ 14.207501, 14.453971, 14.362545, 14.321584 ] }, { "date": "2024-01-05", "close": 13.8865, "volume": 4921631, "typical_volume": 10036081.8, "trend": 14.250652, "fair_value": 16.972075, "relative_strength": -1.128758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.388056, "energy": 21.755545, "activity_lines": [ 14.048927, 14.32633, 14.331591, 14.297701 ] }, { "date": "2024-01-12", "close": 13.8865, "volume": 5532615, "typical_volume": 9897721.65, "trend": 14.262392, "fair_value": 16.879881, "relative_strength": 0.892536, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.916288, "energy": 25.900557, "activity_lines": [ 13.975096, 14.216898, 14.301508, 14.274207 ] }, { "date": "2024-01-19", "close": 13.193137, "volume": 6679459, "typical_volume": 9558650.15, "trend": 14.235749, "fair_value": 16.825853, "relative_strength": -2.041116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.282795, "energy": 58.014063, "activity_lines": [ 13.696467, 13.996107, 14.204612, 14.205223 ] }, { "date": "2024-01-26", "close": 12.750156, "volume": 9613547, "typical_volume": 9405135.45, "trend": 14.206538, "fair_value": 16.764428, "relative_strength": -7.461729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.5856, "energy": 73.713237, "activity_lines": [ 13.34144, 13.719463, 14.062133, 14.109378 ] }, { "date": "2024-02-02", "close": 10.47747, "volume": 10905316, "typical_volume": 9399112.05, "trend": 14.06915, "fair_value": 16.704472, "relative_strength": -18.403781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.804294, "energy": 91.641781, "activity_lines": [ 12.308459, 13.067422, 13.708941, 13.868793 ] }, { "date": "2024-02-09", "close": 10.891562, "volume": 17326790, "typical_volume": 9848160.45, "trend": 13.948453, "fair_value": 16.648947, "relative_strength": -18.622906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.730444, "energy": 91.821467, "activity_lines": [ 11.659395, 12.57489, 13.413711, 13.663788 ] }, { "date": "2024-02-23", "close": 11.633074, "volume": 9242582, "typical_volume": 10016417.0, "trend": 13.859536, "fair_value": 16.598115, "relative_strength": -16.63068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.347957, "energy": 85.209171, "activity_lines": [ 11.457165, 12.294744, 13.205428, 13.514408 ] }, { "date": "2024-03-01", "close": 11.979754, "volume": 9910839, "typical_volume": 10259914.5, "trend": 13.760026, "fair_value": 16.544416, "relative_strength": -14.2386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.640234, "energy": 81.51707, "activity_lines": [ 11.520723, 12.125781, 13.042451, 13.393132 ] }, { "date": "2024-03-08", "close": 11.556033, "volume": 6131539, "typical_volume": 10262543.8, "trend": 13.640613, "fair_value": 16.499245, "relative_strength": -17.124852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.582907, "energy": 57.028317, "activity_lines": [ 11.523933, 11.921274, 12.848841, 13.250939 ] }, { "date": "2024-03-15", "close": 12.942758, "volume": 8853632, "typical_volume": 10345285.2, "trend": 13.580907, "fair_value": 16.467343, "relative_strength": -7.012054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.585661, "energy": 34.957624, "activity_lines": [ 12.068993, 12.012322, 12.798169, 13.205916 ] }, { "date": "2024-03-22", "close": 13.222028, "volume": 6629886, "typical_volume": 9983871.75, "trend": 13.552659, "fair_value": 16.429242, "relative_strength": -4.36083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.416165, "energy": 22.054741, "activity_lines": [ 12.54279, 12.176382, 12.776066, 13.182762 ] }, { "date": "2024-03-29", "close": 13.327958, "volume": 5772239, "typical_volume": 9062943.5, "trend": 13.539498, "fair_value": 16.391169, "relative_strength": -3.125001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.376802, "energy": 22.378756, "activity_lines": [ 12.896533, 12.371784, 12.771985, 13.168266 ] }, { "date": "2024-04-05", "close": 14.18503, "volume": 6356476, "typical_volume": 8887192.5, "trend": 13.596315, "fair_value": 16.348351, "relative_strength": 2.208422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.918565, "energy": 21.909559, "activity_lines": [ 13.422974, 12.733173, 12.856041, 13.209913 ] }, { "date": "2024-04-12", "close": 14.194661, "volume": 34248686, "typical_volume": 10162830.4, "trend": 13.60434, "fair_value": 16.316781, "relative_strength": 3.953326, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.435098, "energy": 32.317476, "activity_lines": [ 13.805608, 13.078278, 12.942757, 13.248516 ] }, { "date": "2024-04-19", "close": 14.368002, "volume": 16173863, "typical_volume": 9846943.7, "trend": 13.60434, "fair_value": 16.278154, "relative_strength": 3.611093, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.665812, "energy": 34.537037, "activity_lines": [ 14.070113, 13.428636, 13.049009, 13.297784 ] }, { "date": "2024-04-26", "close": 14.242811, "volume": 19823155, "typical_volume": 10246322.0, "trend": 13.601772, "fair_value": 16.23482, "relative_strength": 1.904815, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.988284, "energy": 39.230979, "activity_lines": [ 14.197871, 13.685495, 13.146868, 13.338976 ] }, { "date": "2024-05-03", "close": 14.416152, "volume": 6599492, "typical_volume": 10149752.05, "trend": 13.608513, "fair_value": 16.185199, "relative_strength": 2.67351, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.829061, "energy": 45.28983, "activity_lines": [ 14.315357, 13.912939, 13.265593, 13.391517 ] }, { "date": "2024-05-10", "close": 15.302114, "volume": 14929926, "typical_volume": 10540794.95, "trend": 13.651206, "fair_value": 16.14321, "relative_strength": 7.30547, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.093649, "energy": 58.585509, "activity_lines": [ 14.655618, 14.250865, 13.468052, 13.500781 ] }, { "date": "2024-05-17", "close": 15.205814, "volume": 12956934, "typical_volume": 10888805.95, "trend": 13.696788, "fair_value": 16.099716, "relative_strength": 6.681693, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.665581, "energy": 63.474424, "activity_lines": [ 14.889307, 14.510876, 13.656388, 13.601078 ] }, { "date": "2024-05-24", "close": 14.213922, "volume": 10372759, "typical_volume": 11149068.3, "trend": 13.725358, "fair_value": 16.048325, "relative_strength": 1.900678, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.03312, "energy": 47.869343, "activity_lines": [ 14.724955, 14.524183, 13.744251, 13.634442 ] }, { "date": "2024-05-31", "close": 13.847831, "volume": 8179940, "typical_volume": 11311983.75, "trend": 13.690684, "fair_value": 16.009856, "relative_strength": -0.669417, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.326922, "energy": 29.220815, "activity_lines": [ 14.448844, 14.447816, 13.797018, 13.642343 ] }, { "date": "2024-06-07", "close": 12.977452, "volume": 11782924, "typical_volume": 11624499.2, "trend": 13.633419, "fair_value": 15.965334, "relative_strength": -5.743547, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -6.497764, "energy": 10.774193, "activity_lines": [ 13.908939, 14.20182, 13.767077, 13.596328 ] }, { "date": "2024-06-14", "close": 12.80142, "volume": 6066500, "typical_volume": 11593851.25, "trend": 13.5751, "fair_value": 15.927023, "relative_strength": -6.396958, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.10717, "energy": 27.258371, "activity_lines": [ 13.406271, 13.930191, 13.724699, 13.542651 ] }, { "date": "2024-06-21", "close": 12.517814, "volume": 6512457, "typical_volume": 11438796.75, "trend": 13.498019, "fair_value": 15.878667, "relative_strength": -7.412375, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.540225, "energy": 38.695771, "activity_lines": [ 12.975779, 13.632154, 13.657177, 13.474439 ] }, { "date": "2024-06-28", "close": 12.351561, "volume": 9616212, "typical_volume": 11374341.55, "trend": 13.406088, "fair_value": 15.833092, "relative_strength": -7.651609, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.699598, "energy": 48.8846, "activity_lines": [ 12.66907, 13.334378, 13.574927, 13.400474 ] }, { "date": "2024-07-05", "close": 12.185308, "volume": 5625787, "typical_volume": 10789291.4, "trend": 13.307009, "fair_value": 15.789232, "relative_strength": -8.304082, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.565682, "energy": 59.255315, "activity_lines": [ 12.431101, 13.043036, 13.467919, 13.321714 ] }, { "date": "2024-07-12", "close": 13.182821, "volume": 19190226, "typical_volume": 11286673.6, "trend": 13.270392, "fair_value": 15.75159, "relative_strength": -1.459321, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.340217, "energy": 46.492051, "activity_lines": [ 12.636471, 12.970469, 13.449752, 13.313702 ] }, { "date": "2024-07-19", "close": 12.263545, "volume": 11320213, "typical_volume": 11357142.3, "trend": 13.203775, "fair_value": 15.710836, "relative_strength": -8.502188, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.006555, "energy": 40.260862, "activity_lines": [ 12.521725, 12.753185, 13.336655, 13.248744 ] }, { "date": "2024-07-26", "close": 11.706111, "volume": 14136684, "typical_volume": 11757399.55, "trend": 13.129169, "fair_value": 15.668521, "relative_strength": -9.757521, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.810614, "energy": 38.008489, "activity_lines": [ 12.257025, 12.489796, 13.169118, 13.15212 ] }, { "date": "2024-08-02", "close": 11.75501, "volume": 11561560, "typical_volume": 11892795.95, "trend": 13.04881, "fair_value": 15.629202, "relative_strength": -9.568135, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.535989, "energy": 37.399202, "activity_lines": [ 12.062739, 12.298929, 13.005523, 13.063465 ] }, { "date": "2024-08-09", "close": 11.637654, "volume": 12600649, "typical_volume": 12191334.1, "trend": 12.973849, "fair_value": 15.589552, "relative_strength": -8.904073, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.242724, "energy": 63.329112, "activity_lines": [ 11.869104, 12.131432, 12.836408, 12.972423 ] }, { "date": "2024-08-16", "close": 11.197575, "volume": 12264029, "typical_volume": 12515923.6, "trend": 12.884218, "fair_value": 15.54744, "relative_strength": -12.65067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.944125, "energy": 73.768663, "activity_lines": [ 11.565286, 11.924106, 12.632924, 12.857824 ] }, { "date": "2024-08-23", "close": 10.816174, "volume": 10923230, "typical_volume": 12744261.3, "trend": 12.804986, "fair_value": 15.510637, "relative_strength": -14.655685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.664408, "energy": 80.555864, "activity_lines": [ 11.266684, 11.679795, 12.403262, 12.724402 ] }, { "date": "2024-08-30", "close": 11.383387, "volume": 10904240, "typical_volume": 11577039.0, "trend": 12.759427, "fair_value": 15.486305, "relative_strength": -9.648732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.502473, "energy": 72.319627, "activity_lines": [ 11.253645, 11.57471, 12.243662, 12.632686 ] }, { "date": "2024-09-06", "close": 11.295371, "volume": 13558300, "typical_volume": 11446260.85, "trend": 12.78669, "fair_value": 15.458824, "relative_strength": -7.874908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.112458, "energy": 70.086084, "activity_lines": [ 11.232782, 11.474248, 12.089066, 12.538231 ] }, { "date": "2024-09-13", "close": 10.659699, "volume": 10421156, "typical_volume": 10976160.9, "trend": 12.778961, "fair_value": 15.419756, "relative_strength": -10.877436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.419882, "energy": 68.081999, "activity_lines": [ 11.030671, 11.277412, 11.888562, 12.401006 ] }, { "date": "2024-09-20", "close": 10.806394, "volume": 6918256, "typical_volume": 10992099.1, "trend": 12.751405, "fair_value": 15.376881, "relative_strength": -10.473803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.495912, "energy": 52.79068, "activity_lines": [ 10.942655, 11.134986, 11.719092, 12.273743 ] }, { "date": "2024-09-27", "close": 12.459136, "volume": 25738896, "typical_volume": 11532547.6, "trend": 12.767385, "fair_value": 15.341955, "relative_strength": -8.283203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.799149, "energy": 30.070495, "activity_lines": [ 11.431632, 11.336267, 11.724214, 12.254887 ] }, { "date": "2024-10-04", "close": 13.613122, "volume": 9570280, "typical_volume": 11363214.9, "trend": 12.835955, "fair_value": 15.317612, "relative_strength": -7.080149, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.958222, "energy": 12.074443, "activity_lines": [ 12.19574, 11.743807, 11.852778, 12.309451 ] }, { "date": "2024-10-11", "close": 12.478695, "volume": 24881041, "typical_volume": 12088629.0, "trend": 12.820486, "fair_value": 15.278485, "relative_strength": -11.435569, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.914103, "energy": 20.279822, "activity_lines": [ 12.433057, 11.910415, 11.880886, 12.286402 ] }, { "date": "2024-10-18", "close": 12.410237, "volume": 13966617, "typical_volume": 12377962.85, "trend": 12.793426, "fair_value": 15.243846, "relative_strength": -12.846109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.495192, "energy": 24.468499, "activity_lines": [ 12.568666, 12.051418, 11.910736, 12.259934 ] }, { "date": "2024-10-25", "close": 13.43709, "volume": 22463202, "typical_volume": 12911976.75, "trend": 12.797064, "fair_value": 15.216933, "relative_strength": -6.558592, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.403638, "energy": 37.32206, "activity_lines": [ 12.929858, 12.365074, 12.045228, 12.301461 ] }, { "date": "2024-11-01", "close": 12.977452, "volume": 18899361, "typical_volume": 13553619.8, "trend": 12.756811, "fair_value": 15.190678, "relative_strength": -8.601204, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.780551, "energy": 37.645707, "activity_lines": [ 12.962456, 12.554442, 12.133757, 12.313099 ] }, { "date": "2024-11-08", "close": 13.290397, "volume": 20958099, "typical_volume": 14275901.9, "trend": 12.726669, "fair_value": 15.16625, "relative_strength": -10.890729, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.689096, "energy": 40.853139, "activity_lines": [ 13.064815, 12.761413, 12.251251, 12.347524 ] }, { "date": "2024-11-15", "close": 12.644947, "volume": 17807093, "typical_volume": 14685445.95, "trend": 12.669234, "fair_value": 15.136602, "relative_strength": -11.734185, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.62779, "energy": 24.381148, "activity_lines": [ 12.97354, 12.816356, 12.303595, 12.342251 ] }, { "date": "2024-11-22", "close": 12.625388, "volume": 10825791, "typical_volume": 14945446.15, "trend": 12.61532, "fair_value": 15.107911, "relative_strength": -9.75704, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.692489, "energy": 18.472728, "activity_lines": [ 12.864661, 12.843205, 12.352679, 12.339423 ] }, { "date": "2024-11-29", "close": 13.036129, "volume": 8535641, "typical_volume": 14412716.9, "trend": 12.569319, "fair_value": 15.091048, "relative_strength": -8.047759, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.423608, "energy": 15.855439, "activity_lines": [ 12.878352, 12.908995, 12.438785, 12.366572 ] }, { "date": "2024-12-06", "close": 13.212161, "volume": 10267555, "typical_volume": 14360084.0, "trend": 12.499654, "fair_value": 15.07297, "relative_strength": -8.46913, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.433961, "energy": 18.758512, "activity_lines": [ 12.977452, 12.96625, 12.542355, 12.408045 ] }, { "date": "2024-12-13", "close": 13.43709, "volume": 20280409, "typical_volume": 14667270.25, "trend": 12.440696, "fair_value": 15.053208, "relative_strength": -6.215557, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.650103, "energy": 33.079301, "activity_lines": [ 13.13588, 13.050709, 12.66283, 12.468525 ] }, { "date": "2024-12-20", "close": 13.01657, "volume": 12554410, "typical_volume": 14716912.75, "trend": 12.400785, "fair_value": 15.031472, "relative_strength": -8.097449, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.030864, "energy": 34.497298, "activity_lines": [ 13.144356, 13.061911, 12.735012, 12.505678 ] }, { "date": "2024-12-27", "close": 12.860097, "volume": 8287700, "typical_volume": 14501265.3, "trend": 12.36786, "fair_value": 15.007831, "relative_strength": -9.644761, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.965141, "energy": 30.212433, "activity_lines": [ 13.075899, 13.034884, 12.786285, 12.535311 ] }, { "date": "2025-01-03", "close": 11.94082, "volume": 7099974, "typical_volume": 14243062.55, "trend": 12.333306, "fair_value": 14.973489, "relative_strength": -10.745766, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.150405, "energy": 10.401131, "activity_lines": [ 12.685369, 12.832537, 12.744186, 12.50776 ] }, { "date": "2025-01-10", "close": 11.500741, "volume": 7427757, "typical_volume": 14068288.9, "trend": 12.28995, "fair_value": 14.937709, "relative_strength": -12.421972, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.841519, "energy": 26.660522, "activity_lines": [ 12.221167, 12.577379, 12.656636, 12.454046 ] }, { "date": "2025-01-17", "close": 12.009276, "volume": 6191384, "typical_volume": 13832646.1, "trend": 12.272999, "fair_value": 14.903385, "relative_strength": -10.152782, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.866051, "energy": 31.391559, "activity_lines": [ 12.040571, 12.441533, 12.614258, 12.435938 ] }, { "date": "2025-01-24", "close": 12.361341, "volume": 8948347, "typical_volume": 13602148.45, "trend": 12.273325, "fair_value": 14.855212, "relative_strength": -7.455802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.385683, "energy": 30.793646, "activity_lines": [ 12.072518, 12.392991, 12.602429, 12.441638 ] }, { "date": "2025-01-31", "close": 12.586269, "volume": 2291780, "typical_volume": 13195679.65, "trend": 12.28669, "fair_value": 14.797602, "relative_strength": -5.487804, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.985852, "energy": 25.878493, "activity_lines": [ 12.223123, 12.390501, 12.606947, 12.461828 ] }, { "date": "2025-02-07", "close": 12.341782, "volume": 5838600, "typical_volume": 13141696.85, "trend": 12.258655, "fair_value": 14.727967, "relative_strength": -8.768688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 8.368092, "energy": 8.285855, "activity_lines": [ 12.310487, 12.344271, 12.579005, 12.465382 ] }, { "date": "2025-02-14", "close": 12.195088, "volume": 6175912, "typical_volume": 12163547.65, "trend": 12.256373, "fair_value": 14.666467, "relative_strength": -10.947388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.390918, "energy": 9.239751, "activity_lines": [ 12.322222, 12.283993, 12.529781, 12.461281 ] }, { "date": "2025-02-21", "close": 11.9506, "volume": 9823449, "typical_volume": 12176206.1, "trend": 12.264523, "fair_value": 14.613257, "relative_strength": -13.432975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.913091, "energy": 9.521694, "activity_lines": [ 12.206172, 12.197755, 12.45853, 12.441554 ] }, { "date": "2025-02-28", "close": 11.94082, "volume": 8374798, "typical_volume": 11350893.95, "trend": 12.270717, "fair_value": 14.559983, "relative_strength": -11.837314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.301664, "energy": 22.125344, "activity_lines": [ 12.090773, 12.136767, 12.394265, 12.42067 ] }, { "date": "2025-03-07", "close": 11.911482, "volume": 8734600, "typical_volume": 11089293.1, "trend": 12.279844, "fair_value": 14.509287, "relative_strength": -13.293695, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.121095, "energy": 36.215535, "activity_lines": [ 11.99363, 12.090003, 12.329767, 12.397493 ] }, { "date": "2025-03-14", "close": 12.253765, "volume": 11769184, "typical_volume": 10554592.2, "trend": 12.315051, "fair_value": 14.454353, "relative_strength": -11.756222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.532075, "energy": 30.890416, "activity_lines": [ 12.055567, 12.12272, 12.300242, 12.395811 ] }, { "date": "2025-03-21", "close": 12.273325, "volume": 14674723, "typical_volume": 10343360.3, "trend": 12.363622, "fair_value": 14.393836, "relative_strength": -9.883115, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.170404, "energy": 19.041261, "activity_lines": [ 12.129891, 12.153303, 12.278214, 12.393119 ] }, { "date": "2025-03-28", "close": 12.243986, "volume": 9041969, "typical_volume": 9747553.8, "trend": 12.392309, "fair_value": 14.330906, "relative_strength": -9.422004, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.52669, "energy": 16.293967, "activity_lines": [ 12.189221, 12.164505, 12.256746, 12.3854 ] }, { "date": "2025-04-04", "close": 12.410237, "volume": 7975599, "typical_volume": 9255979.1, "trend": 12.429471, "fair_value": 14.28557, "relative_strength": -7.536308, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.769943, "energy": 16.866372, "activity_lines": [ 12.284408, 12.201667, 12.256094, 12.386557 ] }, { "date": "2025-04-11", "close": 11.578978, "volume": 15637200, "typical_volume": 9496549.55, "trend": 12.460114, "fair_value": 14.251013, "relative_strength": -10.482463, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.145161, "energy": 27.183906, "activity_lines": [ 12.071214, 12.086802, 12.177392, 12.331686 ] }, { "date": "2025-04-18", "close": 11.226913, "volume": 9008229, "typical_volume": 9520178.95, "trend": 12.474131, "fair_value": 14.218105, "relative_strength": -13.700208, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.618971, "energy": 54.040949, "activity_lines": [ 11.762832, 11.92624, 12.070143, 12.252125 ] }, { "date": "2025-04-25", "close": 11.217134, "volume": 7870000, "typical_volume": 9400301.2, "trend": 12.432731, "fair_value": 14.185194, "relative_strength": -13.750728, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.014188, "energy": 69.437007, "activity_lines": [ 11.519648, 11.78417, 11.970578, 12.171028 ] }, { "date": "2025-05-02", "close": 11.031322, "volume": 4638000, "typical_volume": 8618180.75, "trend": 12.346671, "fair_value": 14.157343, "relative_strength": -14.230352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.909999, "energy": 77.966325, "activity_lines": [ 11.284939, 11.626096, 11.862817, 12.080615 ] }, { "date": "2025-05-09", "close": 11.246472, "volume": 6434200, "typical_volume": 8312170.25, "trend": 12.305597, "fair_value": 14.136581, "relative_strength": -13.575584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.603921, "energy": 74.143013, "activity_lines": [ 11.20279, 11.523856, 11.787002, 12.009634 ] }, { "date": "2025-05-16", "close": 11.275811, "volume": 8634504, "typical_volume": 8329510.45, "trend": 12.267783, "fair_value": 14.119973, "relative_strength": -13.375303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.501448, "energy": 67.08615, "activity_lines": [ 11.208006, 11.439574, 11.72241, 11.943197 ] }, { "date": "2025-05-23", "close": 11.08022, "volume": 10578300, "typical_volume": 8503426.75, "trend": 12.18922, "fair_value": 14.104876, "relative_strength": -13.838557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.532754, "energy": 55.161846, "activity_lines": [ 11.168236, 11.331288, 11.646735, 11.86658 ] }, { "date": "2025-05-30", "close": 11.1, "volume": 6757060, "typical_volume": 8469891.9, "trend": 12.126639, "fair_value": 14.084557, "relative_strength": -13.153049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.370443, "energy": 45.617616, "activity_lines": [ 11.144839, 11.247935, 11.577042, 11.796307 ] }, { "date": "2025-06-06", "close": 11.3, "volume": 6218800, "typical_volume": 8471262.7, "trend": 12.060292, "fair_value": 14.062635, "relative_strength": -12.172415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.082977, "energy": 39.578319, "activity_lines": [ 11.195917, 11.222279, 11.528305, 11.742976 ] }, { "date": "2025-06-13", "close": 11.83, "volume": 19174008, "typical_volume": 8982545.75, "trend": 12.033127, "fair_value": 14.042127, "relative_strength": -7.489245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.886793, "energy": 22.831785, "activity_lines": [ 11.40575, 11.31015, 11.533421, 11.728118 ] }, { "date": "2025-06-20", "close": 11.17, "volume": 19269161, "typical_volume": 9831414.8, "trend": 11.984614, "fair_value": 14.022137, "relative_strength": -11.82493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.460317, "energy": 24.143118, "activity_lines": [ 11.356681, 11.288571, 11.478211, 11.672433 ] }, { "date": "2025-06-27", "close": 11.3, "volume": 13621260, "typical_volume": 10220547.8, "trend": 11.926743, "fair_value": 13.996308, "relative_strength": -12.087875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.494953, "energy": 18.861087, "activity_lines": [ 11.358, 11.298064, 11.442125, 11.628264 ] }, { "date": "2025-07-04", "close": 11.47, "volume": 12330508, "typical_volume": 10528277.6, "trend": 11.868671, "fair_value": 13.972892, "relative_strength": -11.626598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.50615, "energy": 16.756763, "activity_lines": [ 11.401333, 11.337138, 11.427191, 11.598797 ] }, { "date": "2025-07-11", "close": 11.75, "volume": 15166206, "typical_volume": 10795415.45, "trend": 11.812435, "fair_value": 13.942075, "relative_strength": -9.940935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.308051, "energy": 10.221238, "activity_lines": [ 11.513333, 11.422523, 11.442377, 11.59114 ] }, { "date": "2025-07-18", "close": 11.69, "volume": 14287114, "typical_volume": 11091031.25, "trend": 11.768216, "fair_value": 13.894047, "relative_strength": -10.644952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.181306, "energy": 10.239203, "activity_lines": [ 11.575333, 11.483932, 11.452803, 11.583241 ] }, { "date": "2025-07-25", "close": 12.31, "volume": 24062200, "typical_volume": 11857411.25, "trend": 11.749879, "fair_value": 13.854207, "relative_strength": -7.154258, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.794207, "energy": 34.19797, "activity_lines": [ 11.853333, 11.650004, 11.523471, 11.618195 ] }, { "date": "2025-08-01", "close": 12.05, "volume": 11664163, "typical_volume": 11852160.2, "trend": 11.753519, "fair_value": 13.808303, "relative_strength": -7.937572, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.987, "energy": 43.575833, "activity_lines": [ 11.968667, 11.75, 11.56748, 11.637558 ] }, { "date": "2025-08-08", "close": 12.37, "volume": 18977500, "typical_volume": 12067299.05, "trend": 11.782494, "fair_value": 13.772816, "relative_strength": -7.125102, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.373742, "energy": 53.393232, "activity_lines": [ 12.140667, 11.890545, 11.642935, 11.677331 ] }, { "date": "2025-08-15", "close": 12.29, "volume": 14713863, "typical_volume": 12350893.75, "trend": 11.791851, "fair_value": 13.733397, "relative_strength": -8.994871, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.780859, "energy": 57.386778, "activity_lines": [ 12.226, 11.993455, 11.710311, 11.710073 ] }, { "date": "2025-08-22", "close": 12.3, "volume": 15108860, "typical_volume": 12707556.8, "trend": 11.789807, "fair_value": 13.700147, "relative_strength": -11.724745, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.228826, "energy": 49.400979, "activity_lines": [ 12.278667, 12.080182, 11.77842, 11.742857 ] }, { "date": "2025-08-29", "close": 12.25, "volume": 17191143, "typical_volume": 12785253.95, "trend": 11.778598, "fair_value": 13.674147, "relative_strength": -12.432959, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.132254, "energy": 34.596358, "activity_lines": [ 12.274, 12.149273, 11.842292, 11.772547 ] }, { "date": "2025-09-05", "close": 12.14, "volume": 13071335, "typical_volume": 12988409.25, "trend": 11.771872, "fair_value": 13.649702, "relative_strength": -11.764574, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.12621, "energy": 35.238049, "activity_lines": [ 12.236667, 12.178727, 11.892493, 11.795863 ] }, { "date": "2025-09-12", "close": 12.11, "volume": 9610839, "typical_volume": 13075451.2, "trend": 11.769035, "fair_value": 13.62775, "relative_strength": -12.926051, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.882303, "energy": 27.538716, "activity_lines": [ 12.183333, 12.187455, 11.935488, 11.817678 ] }, { "date": "2025-09-19", "close": 11.82, "volume": 9852436, "typical_volume": 13336173.0, "trend": 11.764682, "fair_value": 13.604733, "relative_strength": -13.491948, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.292806, "energy": 18.509283, "activity_lines": [ 12.050667, 12.131818, 11.946613, 11.820966 ] }, { "date": "2025-09-26", "close": 11.68, "volume": 7092373, "typical_volume": 13369081.65, "trend": 11.755988, "fair_value": 13.583872, "relative_strength": -14.241797, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.66828, "energy": 15.673722, "activity_lines": [ 11.902667, 12.049455, 11.940649, 11.815502 ] }, { "date": "2025-10-03", "close": 11.64, "volume": 1955900, "typical_volume": 13035151.45, "trend": 11.746939, "fair_value": 13.564707, "relative_strength": -15.243074, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.151926, "energy": 16.216394, "activity_lines": [ 11.782667, 11.96, 11.928811, 11.808019 ] }, { "date": "2025-10-10", "close": 11.64, "volume": 3741088, "typical_volume": 12693290.85, "trend": 11.72648, "fair_value": 13.547497, "relative_strength": -15.14184, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.442835, "energy": 21.255312, "activity_lines": [ 11.703333, 11.882727, 11.915238, 11.80112 ] }, { "date": "2025-10-17", "close": 11.46, "volume": 6364700, "typical_volume": 12673672.85, "trend": 11.699369, "fair_value": 13.535726, "relative_strength": -14.826136, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.48058, "energy": 26.351358, "activity_lines": [ 11.597333, 11.780182, 11.881857, 11.783928 ] }, { "date": "2025-10-24", "close": 11.86, "volume": 7265588, "typical_volume": 12726012.25, "trend": 11.68657, "fair_value": 13.526764, "relative_strength": -13.814115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.108447, "energy": 22.011026, "activity_lines": [ 11.668, 11.766909, 11.884857, 11.794291 ] }, { "date": "2025-10-31", "close": 11.89, "volume": 20072891, "typical_volume": 12770956.4, "trend": 11.669228, "fair_value": 13.514148, "relative_strength": -13.234246, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.555033, "energy": 10.018776, "activity_lines": [ 11.746, 11.766909, 11.888048, 11.807416 ] }, { "date": "2025-11-07", "close": 12.05, "volume": 10400891, "typical_volume": 12327542.9, "trend": 11.684929, "fair_value": 13.50097, "relative_strength": -12.602174, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.141875, "energy": 15.616903, "activity_lines": [ 11.863333, 11.803455, 11.90619, 11.831982 ] }, { "date": "2025-11-14", "close": 12.32, "volume": 12475474, "typical_volume": 12270253.6, "trend": 11.721365, "fair_value": 13.493247, "relative_strength": -10.130373, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.881308, "energy": 33.034103, "activity_lines": [ 12.043333, 11.892727, 11.945857, 11.872954 ] }, { "date": "2025-11-21", "close": 11.59, "volume": 10784009, "typical_volume": 12192928.65, "trend": 11.733794, "fair_value": 13.470404, "relative_strength": -11.608392, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.148898, "energy": 15.521906, "activity_lines": [ 11.934667, 11.846, 11.911143, 11.864479 ] }, { "date": "2025-11-28", "close": 11.77, "volume": 7311609, "typical_volume": 11800198.8, "trend": 11.758417, "fair_value": 13.445663, "relative_strength": -11.028909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.633195, "energy": 14.929794, "activity_lines": [ 11.877333, 11.841455, 11.893, 11.866815 ] }, { "date": "2025-12-05", "close": 11.99, "volume": 8144109, "typical_volume": 11493048.55, "trend": 11.783201, "fair_value": 13.416409, "relative_strength": -9.281011, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.235256, "energy": 15.874026, "activity_lines": [ 11.899333, 11.877818, 11.895714, 11.881755 ] }, { "date": "2025-12-12", "close": 11.53, "volume": 7139600, "typical_volume": 10646918.55, "trend": 11.791674, "fair_value": 13.385367, "relative_strength": -11.961043, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.783958, "energy": 19.571235, "activity_lines": [ 11.761333, 11.824909, 11.85319, 11.86542 ] }, { "date": "2025-12-19", "close": 11.67, "volume": 5438300, "typical_volume": 10335625.4, "trend": 11.811333, "fair_value": 13.349544, "relative_strength": -10.475011, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.62155, "energy": 24.053387, "activity_lines": [ 11.704667, 11.799455, 11.827714, 11.85757 ] }, { "date": "2025-12-26", "close": 15.61, "volume": 87421728, "typical_volume": 13757836.8, "trend": 11.961667, "fair_value": 13.342823, "relative_strength": 17.432607, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.816263, "energy": 79.854412, "activity_lines": [ 13.004667, 12.489818, 12.179286, 12.102645 ] }, { "date": "2026-01-02", "close": 13.51, "volume": 74535789, "typical_volume": 16748933.1, "trend": 12.035333, "fair_value": 13.311591, "relative_strength": 1.685545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.386555, "energy": 72.028625, "activity_lines": [ 13.336667, 12.722909, 12.315429, 12.202538 ] }, { "date": "2026-01-09", "close": 13.46, "volume": 65106977, "typical_volume": 19248838.95, "trend": 12.089667, "fair_value": 13.286082, "relative_strength": -2.213906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.2741, "energy": 73.628209, "activity_lines": [ 13.536, 12.916909, 12.441, 12.294452 ] }, { "date": "2026-01-16", "close": 13.09, "volume": 62335507, "typical_volume": 21506057.15, "trend": 12.153667, "fair_value": 13.254905, "relative_strength": -4.189634, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.370886, "energy": 70.580953, "activity_lines": [ 13.514, 13.015091, 12.52581, 12.358989 ] }, { "date": "2026-01-23", "close": 13.5, "volume": 35421049, "typical_volume": 22623542.85, "trend": 12.227, "fair_value": 13.225501, "relative_strength": -1.70244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.425486, "energy": 41.602194, "activity_lines": [ 13.524667, 13.168909, 12.645667, 12.445849 ] }, { "date": "2026-01-30", "close": 14.12, "volume": 50605483, "typical_volume": 24673275.05, "trend": 12.315333, "fair_value": 13.204162, "relative_strength": 3.532446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.75135, "energy": 44.858015, "activity_lines": [ 13.62, 13.414, 12.818095, 12.567978 ] }, { "date": "2026-02-06", "close": 13.85, "volume": 32654048, "typical_volume": 25813355.65, "trend": 12.385333, "fair_value": 13.178711, "relative_strength": 3.057689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.701228, "energy": 40.211784, "activity_lines": [ 13.724667, 13.564, 12.955238, 12.666989 ] }, { "date": "2026-02-13", "close": 16.43, "volume": 63273385, "typical_volume": 28622406.25, "trend": 12.543333, "fair_value": 13.168456, "relative_strength": 21.492263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.750936, "energy": 67.612502, "activity_lines": [ 14.666667, 14.145273, 13.328429, 12.927935 ] }, { "date": "2026-02-27", "close": 16.27, "volume": 101815190, "typical_volume": 33615370.75, "trend": 12.675333, "fair_value": 13.163097, "relative_strength": 17.719726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.391855, "energy": 75.601539, "activity_lines": [ 15.357333, 14.616727, 13.663762, 13.168366 ] }, { "date": "2026-03-06", "close": 16.790001, "volume": 114872698, "typical_volume": 39171951.25, "trend": 12.833333, "fair_value": 13.157774, "relative_strength": 22.284938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.588354, "energy": 79.198669, "activity_lines": [ 16.009334, 15.096546, 14.026572, 13.433828 ] }, { "date": "2026-03-13", "close": 16.6, "volume": 101915039, "typical_volume": 43949468.2, "trend": 12.974333, "fair_value": 13.144518, "relative_strength": 21.384149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.630675, "energy": 76.285564, "activity_lines": [ 16.378667, 15.448727, 14.346762, 13.676839 ] }, { "date": "2026-03-20", "close": 14.03, "volume": 52581829, "typical_volume": 46215280.25, "trend": 13.032333, "fair_value": 13.120587, "relative_strength": 6.202765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.204784, "energy": 44.744087, "activity_lines": [ 15.726, 15.315637, 14.397714, 13.744946 ] }, { "date": "2026-03-27", "close": 13.65, "volume": 30243568, "typical_volume": 46723814.1, "trend": 13.077333, "fair_value": 13.095747, "relative_strength": 4.566464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.624311, "energy": 25.320336, "activity_lines": [ 14.934667, 15.104, 14.402143, 13.784796 ] }, { "date": "2026-04-03", "close": 13.226976, "volume": 20502200, "typical_volume": 47228879.55, "trend": 13.109899, "fair_value": 13.076438, "relative_strength": 2.348337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.819206, "energy": 19.104792, "activity_lines": [ 14.187659, 14.811996, 14.357903, 13.79445 ] }, { "date": "2026-04-10", "close": 13.909084, "volume": 25490100, "typical_volume": 47879610.85, "trend": 13.168869, "fair_value": 13.066507, "relative_strength": 4.896708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.235094, "energy": 25.648648, "activity_lines": [ 13.870888, 14.641521, 14.37302, 13.84601 ] }, { "date": "2026-04-17", "close": 14.383595, "volume": 25450140, "typical_volume": 48612917.4, "trend": 13.244655, "fair_value": 13.060656, "relative_strength": 6.745288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.135566, "energy": 21.681278, "activity_lines": [ 13.904349, 14.549882, 14.425762, 13.92438 ] }, { "date": "2026-04-24", "close": 15.332616, "volume": 55612857, "typical_volume": 51027979.8, "trend": 13.361742, "fair_value": 13.060889, "relative_strength": 12.777731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.874834, "energy": 18.744252, "activity_lines": [ 14.401911, 14.626, 14.555584, 14.059087 ] }, { "date": "2026-05-01", "close": 15.678613, "volume": 24110338, "typical_volume": 51826291.25, "trend": 13.495029, "fair_value": 13.064011, "relative_strength": 14.14888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.145255, "energy": 29.484846, "activity_lines": [ 14.927964, 14.738071, 14.701394, 14.208563 ] }, { "date": "2026-05-08", "close": 15.945524, "volume": 15543209, "typical_volume": 52246471.7, "trend": 13.638547, "fair_value": 13.064753, "relative_strength": 13.913758, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.516223, "energy": 44.99833, "activity_lines": [ 15.407746, 14.912332, 14.855059, 14.366659 ] }, { "date": "2026-05-15", "close": 14.788906, "volume": 32046548, "typical_volume": 53576884.1, "trend": 13.743511, "fair_value": 13.054357, "relative_strength": 6.660245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.388, "energy": 39.852734, "activity_lines": [ 15.320753, 14.882198, 14.877543, 14.440876 ] }, { "date": "2026-05-22", "close": 14.106798, "volume": 20257100, "typical_volume": 50218652.7, "trend": 13.831737, "fair_value": 13.040138, "relative_strength": 2.249344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.713335, "energy": 20.010221, "activity_lines": [ 14.947735, 14.764428, 14.820213, 14.464314 ] }, { "date": "2026-05-29", "close": 13.998055, "volume": 35228596, "typical_volume": 48253293.05, "trend": 13.903006, "fair_value": 13.02974, "relative_strength": 2.489433, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.644472, "energy": 6.216149, "activity_lines": [ 14.556923, 14.672218, 14.759684, 14.475044 ] }, { "date": "2026-06-05", "close": 13.33, "volume": 3986140, "typical_volume": 45197251.2, "trend": 13.951006, "fair_value": 13.021348, "relative_strength": -1.408817, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.651213, "energy": 17.459262, "activity_lines": [ 14.032397, 14.459124, 14.633207, 14.438076 ] }, { "date": "2026-06-12", "close": 13.18, "volume": 4544500, "typical_volume": 42307700.85, "trend": 13.988672, "fair_value": 13.013887, "relative_strength": -2.571247, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.492199, "energy": 42.782123, "activity_lines": [ 13.614444, 14.224576, 14.493063, 14.388333 ] }, { "date": "2026-06-19", "close": 12.71, "volume": 12266719, "typical_volume": 41149984.35, "trend": 14.001672, "fair_value": 13.005184, "relative_strength": -7.189423, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.650014, "energy": 61.363039, "activity_lines": [ 13.224194, 13.905427, 14.307729, 14.305838 ] }, { "date": "2026-06-26", "close": 12.58, "volume": 4216419, "typical_volume": 38830531.15, "trend": 14.034672, "fair_value": 12.999067, "relative_strength": -6.589014, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.265643, "energy": 68.61076, "activity_lines": [ 12.929204, 13.584443, 14.113776, 14.214118 ] }, { "date": "2026-07-03", "close": 14.89, "volume": 7710400, "typical_volume": 37583348.75, "trend": 14.138672, "fair_value": 13.00482, "relative_strength": 9.874174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.832821, "energy": 31.732404, "activity_lines": [ 13.506, 13.716252, 14.147156, 14.2693 ] }, { "date": "2026-07-10", "close": 15.0, "volume": 36509216, "typical_volume": 36245140.3, "trend": 14.239006, "fair_value": 13.013625, "relative_strength": 11.712327, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 5.534682, "energy": 7.324545, "activity_lines": [ 14.06, 13.876108, 14.18606, 14.32487 ] }, { "date": "2026-07-17", "close": 15.31, "volume": 33528188, "typical_volume": 32830790.2, "trend": 14.365006, "fair_value": 13.018182, "relative_strength": 20.552132, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.728201, "energy": 20.259321, "activity_lines": [ 14.606, 14.104667, 14.261298, 14.393966 ] }, { "date": "2026-07-24", "close": 14.68, "volume": 24032015, "typical_volume": 28288756.05, "trend": 14.465339, "fair_value": 13.019256, "relative_strength": 13.723965, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.4833, "energy": 20.973749, "activity_lines": [ 14.8, 14.230235, 14.281106, 14.414288 ] }, { "date": "2026-07-31", "close": 15.68, "volume": 23099400, "typical_volume": 24347974.1, "trend": 14.467672, "fair_value": 13.028098, "relative_strength": 20.442386, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.076542, "energy": 34.445567, "activity_lines": [ 15.196, 14.539601, 14.406201, 14.492653 ] }, { "date": "2026-08-07", "close": 15.8, "volume": 36200840, "typical_volume": 23528924.65, "trend": 14.544006, "fair_value": 13.03345, "relative_strength": 17.628031, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.753484, "energy": 52.825467, "activity_lines": [ 15.425333, 14.842182, 14.547105, 14.57861 ] } ], "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." } } }