{ "ticker": { "uuid": "6c64a2b2-14fb-4bdb-9369-16e4ae3f305d", "symbol": "300715", "name": "Jiangsu Canlon Building Materials Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 94.326, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -24.114, "architecture_energy": 43.641, "architecture_maturity": 6.485, "architecture_confidence": 61.523, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 35.42, "rotation_up": 14.37, "upward_expansion": 21.28, "deceleration": 54.95, "rotation_down": 66.79, "downward_expansion": 48.61 }, "activity_lines": [ 12.609333, 14.190364, 15.775381, 15.449505 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.89, "trend_reference": 14.715, "distance_from_trend": -0.056065, "trend_direction": "Improving", "fair_value": 10.785417, "distance_from_fair_value": 0.28785, "fair_value_direction": "Weakening", "relative_strength": 2.120893, "relative_strength_direction": "Weakening", "price_momentum": 0.162343, "excess_performance": 0.154943, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.056065, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.129606, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.28785, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.115072, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.021209, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.024563, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.162343, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.310814, "read": "Demand-led" } ], "volume": { "latest": 75740896, "relative_activity": 1.238447, "balance": 1.310814, "dry_up": 1.038144, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.238689, "annualized_volatility": 0.78189, "from_high_reference": -0.489713, "from_low_reference": 0.367126 }, "levels": { "trend_reference": 14.715, "fair_value_reference": 10.785417, "structural_low": 10.53, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.083411, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.003411, "regime_survival": 0.0, "best_return": 0.083411, "worst_return": 0.083411, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.316776, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.26958, "regime_survival": 0.0, "best_return": 0.316776, "worst_return": 0.316776, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.57732, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.376257, "regime_survival": 0.0, "best_return": 0.57732, "worst_return": 0.57732, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-24", "end": "2023-09-01", "tenure": "Established", "return": -0.029689, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-08", "end": "2024-10-11", "tenure": "Extended", "return": -0.476993, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": -0.002564, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.02038, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": 0.268358, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-17", "end": "2025-06-06", "tenure": "Established", "return": 0.200241, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": 0.116856, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-07", "tenure": "Established", "return": 0.115527, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.102675, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.069353, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.070934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-07-03", "tenure": "Established", "return": 0.330328, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.271889, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.029458, "volume": 17344634, "typical_volume": 7859689.75, "trend": 14.156027, "fair_value": 18.294028, "relative_strength": 9.498813, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.803742, "energy": 12.628997, "activity_lines": [ 14.286532, 14.132029, 14.14006, 14.158179 ] }, { "date": "2023-08-04", "close": 14.901254, "volume": 16307990, "typical_volume": 8354947.25, "trend": 14.210596, "fair_value": 18.244697, "relative_strength": 6.919452, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.212293, "energy": 27.5752, "activity_lines": [ 14.5482, 14.275116, 14.21548, 14.206259 ] }, { "date": "2023-08-11", "close": 14.151753, "volume": 8666101, "typical_volume": 8576265.9, "trend": 14.216184, "fair_value": 18.192175, "relative_strength": 5.396744, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.65624, "energy": 20.435079, "activity_lines": [ 14.49889, 14.270633, 14.213883, 14.202462 ] }, { "date": "2023-08-18", "close": 13.737556, "volume": 7338353, "typical_volume": 8627979.75, "trend": 14.199748, "fair_value": 18.138612, "relative_strength": 5.408662, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.147393, "energy": 11.283883, "activity_lines": [ 14.27667, 14.199628, 14.170303, 14.171583 ] }, { "date": "2023-08-25", "close": 13.106398, "volume": 7977102, "typical_volume": 8721156.35, "trend": 14.154712, "fair_value": 18.075503, "relative_strength": 3.67578, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.101713, "energy": 36.506659, "activity_lines": [ 13.851296, 14.014763, 14.067458, 14.101044 ] }, { "date": "2023-09-01", "close": 13.214877, "volume": 12896912, "typical_volume": 9035305.3, "trend": 14.125126, "fair_value": 17.968263, "relative_strength": 1.117865, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.875315, "energy": 49.188304, "activity_lines": [ 13.527827, 13.868629, 13.980815, 14.04041 ] }, { "date": "2023-09-08", "close": 13.747417, "volume": 13994888, "typical_volume": 9394155.4, "trend": 14.108361, "fair_value": 17.83575, "relative_strength": 6.73212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.370538, "energy": 52.069432, "activity_lines": [ 13.502843, 13.828285, 13.948834, 14.016041 ] }, { "date": "2023-09-15", "close": 13.244463, "volume": 5842404, "typical_volume": 9091935.3, "trend": 14.07253, "fair_value": 17.711968, "relative_strength": 3.918778, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.482454, "energy": 61.586848, "activity_lines": [ 13.387131, 13.700798, 13.871536, 13.960306 ] }, { "date": "2023-09-22", "close": 13.352943, "volume": 4536211, "typical_volume": 9048468.7, "trend": 14.019933, "fair_value": 17.583052, "relative_strength": 4.120671, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.969433, "energy": 52.522802, "activity_lines": [ 13.368065, 13.600027, 13.809641, 13.913881 ] }, { "date": "2023-09-29", "close": 12.633029, "volume": 8448135, "typical_volume": 9206907.0, "trend": 13.950243, "fair_value": 17.44748, "relative_strength": -0.862224, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.437997, "energy": 55.886958, "activity_lines": [ 13.134668, 13.377329, 13.685147, 13.824403 ] }, { "date": "2023-10-13", "close": 12.366758, "volume": 6193693, "typical_volume": 9260316.85, "trend": 13.888113, "fair_value": 17.307961, "relative_strength": -2.420577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.124123, "energy": 69.61932, "activity_lines": [ 12.844072, 13.132755, 13.543465, 13.722243 ] }, { "date": "2023-10-20", "close": 12.258279, "volume": 5373892, "typical_volume": 8870649.2, "trend": 13.839461, "fair_value": 17.211847, "relative_strength": 1.697553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.938306, "energy": 72.912823, "activity_lines": [ 12.573858, 12.91687, 13.398543, 13.617093 ] }, { "date": "2023-10-27", "close": 12.840128, "volume": 13294911, "typical_volume": 9147711.85, "trend": 13.813492, "fair_value": 17.120155, "relative_strength": 4.140199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.232071, "energy": 63.807428, "activity_lines": [ 12.596869, 12.854831, 13.318662, 13.552619 ] }, { "date": "2023-11-03", "close": 12.297726, "volume": 10117520, "typical_volume": 8844767.85, "trend": 13.75958, "fair_value": 17.012207, "relative_strength": -1.043458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.45911, "energy": 64.214001, "activity_lines": [ 12.466035, 12.71802, 13.195671, 13.454828 ] }, { "date": "2023-11-10", "close": 12.563995, "volume": 6149599, "typical_volume": 8805525.4, "trend": 13.700409, "fair_value": 16.93136, "relative_strength": -0.207122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.174089, "energy": 44.474401, "activity_lines": [ 12.494305, 12.6558, 13.105129, 13.377694 ] }, { "date": "2023-11-17", "close": 12.445653, "volume": 5884710, "typical_volume": 8937431.15, "trend": 13.647155, "fair_value": 16.860359, "relative_strength": -1.188652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.691575, "energy": 40.462073, "activity_lines": [ 12.487731, 12.581926, 13.010878, 13.296742 ] }, { "date": "2023-11-24", "close": 12.435791, "volume": 5041740, "typical_volume": 8858132.6, "trend": 13.585354, "fair_value": 16.777669, "relative_strength": 0.144116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.374116, "energy": 40.201116, "activity_lines": [ 12.472609, 12.520245, 12.921699, 13.218589 ] }, { "date": "2023-12-01", "close": 12.110351, "volume": 5051397, "typical_volume": 8737134.6, "trend": 13.512048, "fair_value": 16.685976, "relative_strength": -1.278494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.770708, "energy": 43.073209, "activity_lines": [ 12.337173, 12.42324, 12.808898, 13.123427 ] }, { "date": "2023-12-08", "close": 11.538363, "volume": 5504750, "typical_volume": 8776057.0, "trend": 13.409813, "fair_value": 16.588047, "relative_strength": -4.174264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.827037, "energy": 62.169457, "activity_lines": [ 12.059726, 12.242858, 12.648854, 12.996093 ] }, { "date": "2023-12-15", "close": 11.400298, "volume": 4991260, "typical_volume": 8547810.1, "trend": 13.311524, "fair_value": 16.497435, "relative_strength": -3.490658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.253008, "energy": 76.558871, "activity_lines": [ 11.786882, 12.070365, 12.486651, 12.866447 ] }, { "date": "2023-12-22", "close": 11.055133, "volume": 4813680, "typical_volume": 7921262.4, "trend": 13.218165, "fair_value": 16.427664, "relative_strength": -4.607043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.709633, "energy": 86.10079, "activity_lines": [ 11.476563, 11.857529, 12.304394, 12.720873 ] }, { "date": "2023-12-29", "close": 11.498916, "volume": 4222000, "typical_volume": 7316962.9, "trend": 13.125464, "fair_value": 16.360048, "relative_strength": -3.805414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.647449, "energy": 78.138293, "activity_lines": [ 11.406872, 11.749228, 12.183328, 12.609954 ] }, { "date": "2024-01-05", "close": 11.390436, "volume": 4223316, "typical_volume": 7094823.65, "trend": 13.017312, "fair_value": 16.301385, "relative_strength": -0.417473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.03795, "energy": 74.116929, "activity_lines": [ 11.36348, 11.63501, 12.068133, 12.498017 ] }, { "date": "2024-01-12", "close": 11.528501, "volume": 4536583, "typical_volume": 6954735.15, "trend": 12.942033, "fair_value": 16.244629, "relative_strength": 2.015013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.744829, "energy": 52.153604, "activity_lines": [ 11.414104, 11.572252, 11.979235, 12.401964 ] }, { "date": "2024-01-19", "close": 10.907206, "volume": 6124520, "typical_volume": 6862106.05, "trend": 12.833882, "fair_value": 16.180827, "relative_strength": -1.201312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.786855, "energy": 53.847448, "activity_lines": [ 11.258287, 11.410518, 11.841686, 12.270685 ] }, { "date": "2024-01-26", "close": 11.09458, "volume": 7057171, "typical_volume": 6570119.0, "trend": 12.746769, "fair_value": 16.121191, "relative_strength": 0.718011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.395229, "energy": 50.381921, "activity_lines": [ 11.197801, 11.312975, 11.732454, 12.158472 ] }, { "date": "2024-02-02", "close": 8.402296, "volume": 10805087, "typical_volume": 6410628.95, "trend": 12.560708, "fair_value": 16.05197, "relative_strength": -16.824417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.642243, "energy": 78.016369, "activity_lines": [ 10.237257, 10.750492, 11.376911, 11.878184 ] }, { "date": "2024-02-09", "close": 9.063039, "volume": 17625643, "typical_volume": 6999790.9, "trend": 12.408507, "fair_value": 15.980793, "relative_strength": -17.883528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.440435, "energy": 81.887246, "activity_lines": [ 9.703402, 10.381479, 11.109749, 11.652528 ] }, { "date": "2024-02-23", "close": 9.201105, "volume": 7267240, "typical_volume": 7136342.35, "trend": 12.253676, "fair_value": 15.913861, "relative_strength": -18.700714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.833546, "energy": 81.754481, "activity_lines": [ 9.370729, 10.092975, 10.875647, 11.445598 ] }, { "date": "2024-03-01", "close": 9.072901, "volume": 7549229, "typical_volume": 7091397.05, "trend": 12.086353, "fair_value": 15.854999, "relative_strength": -22.626973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.167325, "energy": 81.958526, "activity_lines": [ 9.150481, 9.823657, 10.649106, 11.240387 ] }, { "date": "2024-03-08", "close": 8.74746, "volume": 5896038, "typical_volume": 7076514.3, "trend": 11.876954, "fair_value": 15.78697, "relative_strength": -24.490113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.057832, "energy": 64.899955, "activity_lines": [ 8.94404, 9.537484, 10.408524, 11.024975 ] }, { "date": "2024-03-15", "close": 9.112349, "volume": 6501092, "typical_volume": 7132874.3, "trend": 11.68399, "fair_value": 15.708501, "relative_strength": -22.981869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.950153, "energy": 57.653301, "activity_lines": [ 9.015702, 9.359612, 10.219928, 10.846613 ] }, { "date": "2024-03-22", "close": 9.220829, "volume": 7167408, "typical_volume": 6826499.15, "trend": 11.519626, "fair_value": 15.631452, "relative_strength": -21.336734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.151078, "energy": 52.493506, "activity_lines": [ 9.076189, 9.244856, 10.056644, 10.687699 ] }, { "date": "2024-03-29", "close": 8.846079, "volume": 6145837, "typical_volume": 6627915.0, "trend": 11.356577, "fair_value": 15.563133, "relative_strength": -22.878274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.785934, "energy": 50.861143, "activity_lines": [ 9.001239, 9.101411, 9.874904, 10.515213 ] }, { "date": "2024-04-05", "close": 9.447651, "volume": 5871234, "typical_volume": 6613996.75, "trend": 11.234618, "fair_value": 15.489283, "relative_strength": -18.643789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.565339, "energy": 37.87492, "activity_lines": [ 9.150481, 9.116114, 9.766894, 10.392056 ] }, { "date": "2024-04-12", "close": 8.974283, "volume": 6546785, "typical_volume": 6647100.5, "trend": 11.093265, "fair_value": 15.413091, "relative_strength": -19.7978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.743224, "energy": 36.513031, "activity_lines": [ 9.116951, 9.071287, 9.62864, 10.246228 ] }, { "date": "2024-04-19", "close": 8.086716, "volume": 10129049, "typical_volume": 6901465.95, "trend": 10.904575, "fair_value": 15.327323, "relative_strength": -27.754558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.967398, "energy": 47.391747, "activity_lines": [ 8.772443, 8.903636, 9.422386, 10.052257 ] }, { "date": "2024-04-26", "close": 8.205058, "volume": 6184928, "typical_volume": 6958142.5, "trend": 10.736595, "fair_value": 15.249526, "relative_strength": -27.753808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.472382, "energy": 47.801175, "activity_lines": [ 8.535759, 8.763239, 9.248113, 9.878095 ] }, { "date": "2024-05-03", "close": 8.550223, "volume": 2685120, "typical_volume": 6817161.0, "trend": 10.576504, "fair_value": 15.161558, "relative_strength": -25.255576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.060669, "energy": 49.502652, "activity_lines": [ 8.481847, 8.701199, 9.12531, 9.737038 ] }, { "date": "2024-05-10", "close": 8.717875, "volume": 5050540, "typical_volume": 6820125.0, "trend": 10.445999, "fair_value": 15.066233, "relative_strength": -24.472966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.006604, "energy": 61.748328, "activity_lines": [ 8.503544, 8.681475, 9.032702, 9.617127 ] }, { "date": "2024-05-17", "close": 9.565993, "volume": 11633356, "typical_volume": 7161108.8, "trend": 10.35264, "fair_value": 14.973084, "relative_strength": -16.504463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.669825, "energy": 34.012761, "activity_lines": [ 8.856598, 8.82241, 9.033642, 9.560352 ] }, { "date": "2024-05-24", "close": 9.06, "volume": 21908433, "typical_volume": 8045430.45, "trend": 10.246031, "fair_value": 14.86546, "relative_strength": -18.073681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.869293, "energy": 21.226062, "activity_lines": [ 9.00154, 8.856464, 8.993482, 9.476956 ] }, { "date": "2024-05-31", "close": 8.54, "volume": 7150598, "typical_volume": 8191794.55, "trend": 10.102694, "fair_value": 14.760766, "relative_strength": -21.847397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.27809, "energy": 23.396304, "activity_lines": [ 8.908263, 8.796923, 8.915413, 9.366889 ] }, { "date": "2024-06-07", "close": 8.35, "volume": 8316008, "typical_volume": 8380765.8, "trend": 9.971103, "fair_value": 14.662416, "relative_strength": -22.166961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.576448, "energy": 26.656647, "activity_lines": [ 8.729324, 8.715217, 8.832821, 9.253812 ] }, { "date": "2024-06-14", "close": 8.0, "volume": 4587740, "typical_volume": 8303926.8, "trend": 9.818969, "fair_value": 14.570348, "relative_strength": -24.820485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.433454, "energy": 44.806455, "activity_lines": [ 8.447066, 8.578893, 8.732033, 9.126645 ] }, { "date": "2024-06-21", "close": 7.38, "volume": 4714921, "typical_volume": 8186814.3, "trend": 9.650114, "fair_value": 14.476706, "relative_strength": -28.660605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.236316, "energy": 70.950748, "activity_lines": [ 8.006, 8.356163, 8.58604, 8.969292 ] }, { "date": "2024-06-28", "close": 7.2, "volume": 4612271, "typical_volume": 7877173.5, "trend": 9.475588, "fair_value": 14.385152, "relative_strength": -28.170426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.456135, "energy": 80.743595, "activity_lines": [ 7.650667, 8.129693, 8.440593, 8.81122 ] }, { "date": "2024-07-05", "close": 7.1, "volume": 4383514, "typical_volume": 7215067.05, "trend": 9.308576, "fair_value": 14.274588, "relative_strength": -27.399105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.654641, "energy": 84.15809, "activity_lines": [ 7.386, 7.901163, 8.291348, 8.657956 ] }, { "date": "2024-07-12", "close": 6.88, "volume": 5989285, "typical_volume": 7151169.3, "trend": 9.153298, "fair_value": 14.170417, "relative_strength": -30.323138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.369764, "energy": 85.066459, "activity_lines": [ 7.144, 7.652725, 8.130498, 8.501274 ] }, { "date": "2024-07-19", "close": 6.37, "volume": 4797320, "typical_volume": 7013573.85, "trend": 8.985621, "fair_value": 14.070902, "relative_strength": -35.245518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.334931, "energy": 90.527223, "activity_lines": [ 6.83, 7.341927, 7.932129, 8.321706 ] }, { "date": "2024-07-26", "close": 6.13, "volume": 6299500, "typical_volume": 7033746.95, "trend": 8.82145, "fair_value": 13.966006, "relative_strength": -34.858463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.42286, "energy": 90.527246, "activity_lines": [ 6.544667, 7.030182, 7.723774, 8.137473 ] }, { "date": "2024-08-02", "close": 6.4, "volume": 6704710, "typical_volume": 7043927.85, "trend": 8.651486, "fair_value": 13.870344, "relative_strength": -30.968816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.762699, "energy": 83.288659, "activity_lines": [ 6.432667, 6.83, 7.553598, 7.98125 ] }, { "date": "2024-08-09", "close": 6.4, "volume": 5269700, "typical_volume": 6949042.45, "trend": 8.485138, "fair_value": 13.76946, "relative_strength": -28.908135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.962123, "energy": 76.766161, "activity_lines": [ 6.374, 6.678182, 7.396337, 7.835993 ] }, { "date": "2024-08-16", "close": 6.5, "volume": 5707407, "typical_volume": 6927120.95, "trend": 8.317521, "fair_value": 13.65559, "relative_strength": -26.698718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.150057, "energy": 63.611529, "activity_lines": [ 6.395333, 6.583455, 7.262033, 7.707919 ] }, { "date": "2024-08-23", "close": 6.15, "volume": 3711100, "typical_volume": 6819114.25, "trend": 8.158948, "fair_value": 13.545779, "relative_strength": -28.500113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.229548, "energy": 65.274633, "activity_lines": [ 6.325333, 6.458727, 7.105567, 7.568079 ] }, { "date": "2024-08-30", "close": 6.67, "volume": 19579093, "typical_volume": 7470729.65, "trend": 8.011462, "fair_value": 13.448066, "relative_strength": -23.27952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.953808, "energy": 53.445341, "activity_lines": [ 6.443333, 6.462182, 7.014328, 7.472018 ] }, { "date": "2024-09-06", "close": 6.48, "volume": 21734043, "typical_volume": 8050979.35, "trend": 7.947385, "fair_value": 13.347215, "relative_strength": -22.760605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.22167, "energy": 46.020621, "activity_lines": [ 6.462, 6.444, 6.915967, 7.373214 ] }, { "date": "2024-09-13", "close": 6.21, "volume": 7816863, "typical_volume": 8132576.1, "trend": 7.852284, "fair_value": 13.244992, "relative_strength": -23.926177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.255992, "energy": 52.088355, "activity_lines": [ 6.385333, 6.389818, 6.799543, 7.261125 ] }, { "date": "2024-09-20", "close": 5.92, "volume": 9370511, "typical_volume": 8466845.65, "trend": 7.742914, "fair_value": 13.13791, "relative_strength": -27.477532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.313673, "energy": 55.925514, "activity_lines": [ 6.224667, 6.299091, 6.664999, 7.136461 ] }, { "date": "2024-09-27", "close": 7.04, "volume": 14885010, "typical_volume": 8958569.15, "trend": 7.675151, "fair_value": 13.034765, "relative_strength": -26.010504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.825128, "energy": 35.624112, "activity_lines": [ 6.476, 6.429455, 6.649648, 7.091112 ] }, { "date": "2024-10-04", "close": 8.0, "volume": 8722993, "typical_volume": 8813051.0, "trend": 7.650235, "fair_value": 12.918024, "relative_strength": -23.209588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.404652, "energy": 11.26896, "activity_lines": [ 6.988, 6.722182, 6.733714, 7.11207 ] }, { "date": "2024-10-11", "close": 7.19, "volume": 23400936, "typical_volume": 8887676.15, "trend": 7.586157, "fair_value": 12.801314, "relative_strength": -27.008233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.171593, "energy": 17.588683, "activity_lines": [ 7.141333, 6.833636, 6.748095, 7.082377 ] }, { "date": "2024-10-18", "close": 7.8, "volume": 41514835, "typical_volume": 10605888.0, "trend": 7.538796, "fair_value": 12.710244, "relative_strength": -22.361021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.878891, "energy": 25.264211, "activity_lines": [ 7.450667, 7.041636, 6.829476, 7.096174 ] }, { "date": "2024-10-25", "close": 7.78, "volume": 26701120, "typical_volume": 11525143.6, "trend": 7.50326, "fair_value": 12.629372, "relative_strength": -23.641809, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.130873, "energy": 33.259111, "activity_lines": [ 7.647333, 7.220545, 6.912476, 7.111735 ] }, { "date": "2024-11-01", "close": 7.36, "volume": 18553419, "typical_volume": 12223427.55, "trend": 7.433672, "fair_value": 12.543526, "relative_strength": -25.719989, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.788035, "energy": 29.331449, "activity_lines": [ 7.58, 7.299818, 6.95819, 7.102493 ] }, { "date": "2024-11-08", "close": 7.84, "volume": 17863313, "typical_volume": 12880847.15, "trend": 7.395862, "fair_value": 12.458115, "relative_strength": -25.052033, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.759702, "energy": 33.398737, "activity_lines": [ 7.651333, 7.444364, 7.052667, 7.128707 ] }, { "date": "2024-11-15", "close": 7.35, "volume": 17703496, "typical_volume": 13535408.4, "trend": 7.371305, "fair_value": 12.369384, "relative_strength": -26.166728, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.185073, "energy": 17.348323, "activity_lines": [ 7.57, 7.478545, 7.098286, 7.125749 ] }, { "date": "2024-11-22", "close": 7.21, "volume": 15144442, "typical_volume": 14073454.8, "trend": 7.338136, "fair_value": 12.278314, "relative_strength": -24.548739, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.200875, "energy": 9.564394, "activity_lines": [ 7.431333, 7.471455, 7.129857, 7.115342 ] }, { "date": "2024-11-29", "close": 7.49, "volume": 11963313, "typical_volume": 14372156.2, "trend": 7.302796, "fair_value": 12.204767, "relative_strength": -21.981816, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.793648, "energy": 9.712137, "activity_lines": [ 7.425333, 7.497091, 7.187571, 7.125139 ] }, { "date": "2024-12-06", "close": 7.73, "volume": 14801676, "typical_volume": 14872374.0, "trend": 7.269866, "fair_value": 12.142663, "relative_strength": -19.920729, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.328153, "energy": 11.15831, "activity_lines": [ 7.518667, 7.537818, 7.265238, 7.152701 ] }, { "date": "2024-12-13", "close": 7.77, "volume": 15925778, "typical_volume": 15353687.9, "trend": 7.21, "fair_value": 12.078175, "relative_strength": -18.068503, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.907515, "energy": 17.092458, "activity_lines": [ 7.600667, 7.573273, 7.340238, 7.184968 ] }, { "date": "2024-12-20", "close": 7.13, "volume": 18382334, "typical_volume": 15937569.1, "trend": 7.145667, "fair_value": 12.009523, "relative_strength": -23.441375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.827143, "energy": 17.675984, "activity_lines": [ 7.474, 7.496545, 7.346476, 7.179806 ] }, { "date": "2024-12-27", "close": 6.87, "volume": 40742611, "typical_volume": 17711214.65, "trend": 7.09, "fair_value": 11.936204, "relative_strength": -25.416554, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.165296, "energy": 10.144608, "activity_lines": [ 7.275333, 7.373636, 7.324476, 7.162022 ] }, { "date": "2025-01-03", "close": 7.48, "volume": 53548238, "typical_volume": 20103256.2, "trend": 7.061, "fair_value": 11.870937, "relative_strength": -11.647081, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.579618, "energy": 15.212225, "activity_lines": [ 7.302667, 7.378545, 7.358333, 7.187183 ] }, { "date": "2025-01-10", "close": 9.5, "volume": 138711815, "typical_volume": 26853291.95, "trend": 7.111, "fair_value": 11.815257, "relative_strength": 14.089221, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.033212, "energy": 45.938129, "activity_lines": [ 8.004, 7.756182, 7.579905, 7.344538 ] }, { "date": "2025-01-17", "close": 8.29, "volume": 103431899, "typical_volume": 31045932.25, "trend": 7.141333, "fair_value": 11.755542, "relative_strength": -3.000195, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.824937, "energy": 52.146092, "activity_lines": [ 8.184, 7.874909, 7.670286, 7.420602 ] }, { "date": "2025-01-24", "close": 8.7, "volume": 87136146, "typical_volume": 34316037.4, "trend": 7.191333, "fair_value": 11.703258, "relative_strength": 1.415793, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.422287, "energy": 62.644171, "activity_lines": [ 8.466, 8.06, 7.792, 7.521161 ] }, { "date": "2025-01-31", "close": 8.72, "volume": 11446486, "typical_volume": 34497518.55, "trend": 7.245333, "fair_value": 11.647981, "relative_strength": 3.99469, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.968688, "energy": 66.224638, "activity_lines": [ 8.65, 8.224182, 7.905048, 7.619785 ] }, { "date": "2025-02-07", "close": 8.22, "volume": 31355763, "typical_volume": 35596781.15, "trend": 7.29, "fair_value": 11.588178, "relative_strength": -5.274318, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.850663, "energy": 45.177712, "activity_lines": [ 8.544, 8.27, 7.958524, 7.682667 ] }, { "date": "2025-02-14", "close": 8.17, "volume": 32598275, "typical_volume": 36482444.4, "trend": 7.35, "fair_value": 11.531716, "relative_strength": -6.785463, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.857568, "energy": 32.644435, "activity_lines": [ 8.372, 8.293455, 7.996286, 7.739441 ] }, { "date": "2025-02-21", "close": 9.22, "volume": 59185587, "typical_volume": 39005574.1, "trend": 7.453, "fair_value": 11.478563, "relative_strength": 3.307193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.660829, "energy": 37.677384, "activity_lines": [ 8.638667, 8.499818, 8.128667, 7.860086 ] }, { "date": "2025-02-28", "close": 9.19, "volume": 32696526, "typical_volume": 39470353.6, "trend": 7.546, "fair_value": 11.430621, "relative_strength": 6.901821, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.833738, "energy": 37.051577, "activity_lines": [ 8.833333, 8.674364, 8.252381, 7.972151 ] }, { "date": "2025-03-07", "close": 9.92, "volume": 39533358, "typical_volume": 39371279.75, "trend": 7.663333, "fair_value": 11.39048, "relative_strength": 12.969958, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.372246, "energy": 50.917622, "activity_lines": [ 9.238667, 8.944182, 8.436095, 8.125312 ] }, { "date": "2025-03-14", "close": 10.22, "volume": 40368641, "typical_volume": 40054655.8, "trend": 7.787333, "fair_value": 11.356404, "relative_strength": 15.006227, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.391963, "energy": 66.691429, "activity_lines": [ 9.664, 9.213091, 8.638286, 8.290258 ] }, { "date": "2025-03-21", "close": 10.6, "volume": 30441643, "typical_volume": 40649067.0, "trend": 7.935667, "fair_value": 11.328005, "relative_strength": 22.446405, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.10401, "energy": 70.869681, "activity_lines": [ 10.082667, 9.501273, 8.865048, 8.47172 ] }, { "date": "2025-03-28", "close": 10.14, "volume": 15931554, "typical_volume": 40552479.05, "trend": 8.051333, "fair_value": 11.300139, "relative_strength": 17.976638, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.659352, "energy": 66.16552, "activity_lines": [ 10.186, 9.685818, 9.032571, 8.613935 ] }, { "date": "2025-04-04", "close": 11.08, "volume": 48291077, "typical_volume": 42081858.1, "trend": 8.204667, "fair_value": 11.284362, "relative_strength": 31.670849, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.790228, "energy": 62.779152, "activity_lines": [ 10.541333, 10.007636, 9.278667, 8.809333 ] }, { "date": "2025-04-11", "close": 9.64, "volume": 44684341, "typical_volume": 43558853.05, "trend": 8.319, "fair_value": 11.258394, "relative_strength": 20.725072, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.607643, "energy": 43.597791, "activity_lines": [ 10.290667, 10.024364, 9.369857, 8.901935 ] }, { "date": "2025-04-18", "close": 10.09, "volume": 23497066, "typical_volume": 44135540.7, "trend": 8.458, "fair_value": 11.238671, "relative_strength": 26.562734, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.959446, "energy": 37.645366, "activity_lines": [ 10.208667, 10.106182, 9.492333, 9.016194 ] }, { "date": "2025-04-25", "close": 10.82, "volume": 36176092, "typical_volume": 45204261.5, "trend": 8.584, "fair_value": 11.219247, "relative_strength": 33.162258, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.009394, "energy": 40.797557, "activity_lines": [ 10.378667, 10.286727, 9.671952, 9.168581 ] }, { "date": "2025-05-02", "close": 10.69, "volume": 8482610, "typical_volume": 44832103.1, "trend": 8.673667, "fair_value": 11.196647, "relative_strength": 31.21254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.232435, "energy": 35.795262, "activity_lines": [ 10.490667, 10.395455, 9.824476, 9.304452 ] }, { "date": "2025-05-09", "close": 10.71, "volume": 16620382, "typical_volume": 44744005.5, "trend": 8.791, "fair_value": 11.183961, "relative_strength": 28.027346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.368797, "energy": 38.507276, "activity_lines": [ 10.572667, 10.481091, 9.965, 9.435828 ] }, { "date": "2025-05-16", "close": 10.11, "volume": 15542679, "typical_volume": 43484008.9, "trend": 8.868, "fair_value": 11.174332, "relative_strength": 20.206247, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.421065, "energy": 33.686293, "activity_lines": [ 10.479333, 10.43, 10.031333, 9.520925 ] }, { "date": "2025-05-23", "close": 9.7, "volume": 20426226, "typical_volume": 41827908.3, "trend": 8.932, "fair_value": 11.166937, "relative_strength": 15.879311, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.735916, "energy": 22.255384, "activity_lines": [ 10.218, 10.300909, 10.04319, 9.574602 ] }, { "date": "2025-05-30", "close": 9.6, "volume": 12711813, "typical_volume": 35527908.2, "trend": 9.006667, "fair_value": 11.159082, "relative_strength": 15.614183, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.843542, "energy": 16.450198, "activity_lines": [ 9.949333, 10.163091, 10.034952, 9.617699 ] }, { "date": "2025-06-06", "close": 9.95, "volume": 10791216, "typical_volume": 30895874.05, "trend": 9.077, "fair_value": 11.151128, "relative_strength": 17.94038, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.001132, "energy": 17.494472, "activity_lines": [ 9.878667, 10.107091, 10.059571, 9.678559 ] }, { "date": "2025-06-13", "close": 9.67, "volume": 18629380, "typical_volume": 27470535.75, "trend": 9.154333, "fair_value": 11.14006, "relative_strength": 15.076654, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.885832, "energy": 12.892272, "activity_lines": [ 9.764, 10.003636, 10.049619, 9.716817 ] }, { "date": "2025-06-20", "close": 9.42, "volume": 9579100, "typical_volume": 27377166.45, "trend": 9.228, "fair_value": 11.129199, "relative_strength": 13.079687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.803951, "energy": 10.396216, "activity_lines": [ 9.635333, 9.880364, 10.011238, 9.733957 ] }, { "date": "2025-06-27", "close": 9.8, "volume": 10053240, "typical_volume": 26312040.3, "trend": 9.305, "fair_value": 11.11913, "relative_strength": 13.066434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.330453, "energy": 9.377848, "activity_lines": [ 9.679333, 9.830182, 10.005714, 9.77086 ] }, { "date": "2025-07-04", "close": 9.62, "volume": 19813266, "typical_volume": 25672789.85, "trend": 9.368, "fair_value": 11.098362, "relative_strength": 9.365363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.23319, "energy": 9.561222, "activity_lines": [ 9.656667, 9.752545, 9.975524, 9.791183 ] }, { "date": "2025-07-11", "close": 9.88, "volume": 13469406, "typical_volume": 23386980.8, "trend": 9.438333, "fair_value": 11.083306, "relative_strength": 9.983319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.737389, "energy": 10.876182, "activity_lines": [ 9.719333, 9.744, 9.96319, 9.824215 ] }, { "date": "2025-07-18", "close": 10.03, "volume": 13817404, "typical_volume": 22443024.7, "trend": 9.535, "fair_value": 11.06504, "relative_strength": 8.917896, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.923156, "energy": 12.990327, "activity_lines": [ 9.836667, 9.777455, 9.962, 9.862387 ] }, { "date": "2025-07-25", "close": 10.69, "volume": 40606758, "typical_volume": 22496694.7, "trend": 9.662333, "fair_value": 11.046768, "relative_strength": 12.81392, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.664024, "energy": 30.920749, "activity_lines": [ 10.15, 9.943273, 10.019667, 9.936903 ] }, { "date": "2025-08-01", "close": 10.41, "volume": 16686540, "typical_volume": 21312589.65, "trend": 9.76, "fair_value": 11.03157, "relative_strength": 11.125412, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.996529, "energy": 39.361934, "activity_lines": [ 10.285333, 10.047636, 10.047, 9.98514 ] }, { "date": "2025-08-08", "close": 10.8, "volume": 15566480, "typical_volume": 20568831.5, "trend": 9.803333, "fair_value": 11.020262, "relative_strength": 13.333848, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.754977, "energy": 57.642586, "activity_lines": [ 10.51, 10.21, 10.110571, 10.052237 ] }, { "date": "2025-08-15", "close": 10.82, "volume": 21358576, "typical_volume": 20840182.6, "trend": 9.887667, "fair_value": 10.999347, "relative_strength": 8.237302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.9169, "energy": 65.54925, "activity_lines": [ 10.662667, 10.354182, 10.175095, 10.117828 ] }, { "date": "2025-08-22", "close": 11.52, "volume": 23055828, "typical_volume": 19578420.15, "trend": 9.981667, "fair_value": 10.978747, "relative_strength": 9.726779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.477483, "energy": 76.583985, "activity_lines": [ 10.986, 10.609818, 10.303048, 10.22314 ] }, { "date": "2025-08-29", "close": 10.56, "volume": 59765292, "typical_volume": 20332467.7, "trend": 10.043, "fair_value": 10.959074, "relative_strength": -3.687064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.021353, "energy": 55.64172, "activity_lines": [ 10.89, 10.657273, 10.337476, 10.260452 ] }, { "date": "2025-09-05", "close": 11.0, "volume": 26616273, "typical_volume": 20488428.05, "trend": 10.135667, "fair_value": 10.933876, "relative_strength": 0.994866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.740291, "energy": 44.712324, "activity_lines": [ 10.949333, 10.764, 10.409429, 10.322194 ] }, { "date": "2025-09-12", "close": 11.45, "volume": 41593288, "typical_volume": 20759287.85, "trend": 10.245, "fair_value": 10.911626, "relative_strength": 2.167673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.245368, "energy": 44.912595, "activity_lines": [ 11.119333, 10.930727, 10.519905, 10.406989 ] }, { "date": "2025-09-19", "close": 12.08, "volume": 31645507, "typical_volume": 21917432.7, "trend": 10.340333, "fair_value": 10.900811, "relative_strength": 6.129378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.859476, "energy": 49.499717, "activity_lines": [ 11.456, 11.178727, 10.687381, 10.525376 ] }, { "date": "2025-09-26", "close": 12.73, "volume": 47446941, "typical_volume": 23458760.65, "trend": 10.458333, "fair_value": 10.898588, "relative_strength": 10.125982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.924166, "energy": 73.651102, "activity_lines": [ 11.925333, 11.504909, 10.910143, 10.679548 ] }, { "date": "2025-10-03", "close": 12.52, "volume": 12659214, "typical_volume": 23314587.4, "trend": 10.545, "fair_value": 10.893185, "relative_strength": 5.382887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.931149, "energy": 77.479003, "activity_lines": [ 12.244, 11.743818, 11.103286, 10.812559 ] }, { "date": "2025-10-10", "close": 11.95, "volume": 14047673, "typical_volume": 22995659.75, "trend": 10.602667, "fair_value": 10.881664, "relative_strength": 1.473489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.008651, "energy": 70.294028, "activity_lines": [ 12.242, 11.845818, 11.230667, 10.903204 ] }, { "date": "2025-10-17", "close": 12.13, "volume": 29325069, "typical_volume": 23826322.55, "trend": 10.653667, "fair_value": 10.866428, "relative_strength": 7.934494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.668673, "energy": 53.419592, "activity_lines": [ 12.236667, 11.952545, 11.364476, 11.001742 ] }, { "date": "2025-10-24", "close": 12.18, "volume": 29516377, "typical_volume": 24762580.6, "trend": 10.721667, "fair_value": 10.858593, "relative_strength": 3.072501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.792437, "energy": 41.609833, "activity_lines": [ 12.202667, 12.044182, 11.491, 11.100215 ] }, { "date": "2025-10-31", "close": 12.58, "volume": 30368340, "typical_volume": 25349528.6, "trend": 10.771667, "fair_value": 10.85446, "relative_strength": 5.21112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.939375, "energy": 40.675524, "activity_lines": [ 12.295333, 12.183818, 11.645, 11.220108 ] }, { "date": "2025-11-07", "close": 12.07, "volume": 47338741, "typical_volume": 27237510.65, "trend": 10.852667, "fair_value": 10.841874, "relative_strength": 0.323567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.078897, "energy": 33.883119, "activity_lines": [ 12.228, 12.211455, 11.736571, 11.303871 ] }, { "date": "2025-11-14", "close": 11.59, "volume": 19529844, "typical_volume": 27711340.85, "trend": 10.902667, "fair_value": 10.834113, "relative_strength": -2.69825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.939377, "energy": 23.928331, "activity_lines": [ 12.030667, 12.124364, 11.76981, 11.351441 ] }, { "date": "2025-11-21", "close": 10.74, "volume": 20465158, "typical_volume": 27743935.45, "trend": 10.9, "fair_value": 10.814961, "relative_strength": -5.294049, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.127708, "energy": 12.193887, "activity_lines": [ 11.574, 11.872, 11.713571, 11.340946 ] }, { "date": "2025-11-28", "close": 11.06, "volume": 13066200, "typical_volume": 27723775.15, "trend": 10.912333, "fair_value": 10.795395, "relative_strength": -6.113819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.195668, "energy": 17.535955, "activity_lines": [ 11.316667, 11.690727, 11.682476, 11.351269 ] }, { "date": "2025-12-05", "close": 10.75, "volume": 12139106, "typical_volume": 27639860.25, "trend": 10.913667, "fair_value": 10.77479, "relative_strength": -10.073974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.38851, "energy": 18.755504, "activity_lines": [ 11.030667, 11.471636, 11.616238, 11.340796 ] }, { "date": "2025-12-12", "close": 10.4, "volume": 18632400, "typical_volume": 26541142.35, "trend": 10.923333, "fair_value": 10.750993, "relative_strength": -13.835622, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.358528, "energy": 36.744842, "activity_lines": [ 10.75, 11.224909, 11.513238, 11.307656 ] }, { "date": "2025-12-19", "close": 10.67, "volume": 22217364, "typical_volume": 26817683.55, "trend": 10.955667, "fair_value": 10.725703, "relative_strength": -11.071349, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.601882, "energy": 41.167963, "activity_lines": [ 10.670667, 11.065818, 11.437333, 11.291312 ] }, { "date": "2025-12-26", "close": 10.39, "volume": 15617306, "typical_volume": 26820224.85, "trend": 10.982, "fair_value": 10.696785, "relative_strength": -16.566139, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.838293, "energy": 50.099445, "activity_lines": [ 10.559333, 10.879091, 11.333524, 11.254817 ] }, { "date": "2026-01-02", "close": 10.44, "volume": 8723206, "typical_volume": 26188456.35, "trend": 10.998333, "fair_value": 10.669768, "relative_strength": -15.704309, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.39235, "energy": 42.824385, "activity_lines": [ 10.488, 10.733091, 11.236429, 11.219849 ] }, { "date": "2026-01-09", "close": 11.41, "volume": 32103305, "typical_volume": 26640830.2, "trend": 11.056333, "fair_value": 10.654721, "relative_strength": -11.454471, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.870151, "energy": 17.937739, "activity_lines": [ 10.781333, 10.795091, 11.233524, 11.246409 ] }, { "date": "2026-01-16", "close": 11.56, "volume": 30993227, "typical_volume": 25202226.95, "trend": 11.127667, "fair_value": 10.643797, "relative_strength": -11.289413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.128299, "energy": 4.231722, "activity_lines": [ 11.080667, 10.905636, 11.245429, 11.278903 ] }, { "date": "2026-01-23", "close": 12.04, "volume": 54816272, "typical_volume": 26612226.9, "trend": 11.202333, "fair_value": 10.631334, "relative_strength": -8.598583, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.645594, "energy": 19.748899, "activity_lines": [ 11.462667, 11.112727, 11.298286, 11.337763 ] }, { "date": "2026-01-30", "close": 11.95, "volume": 28648118, "typical_volume": 25964968.4, "trend": 11.28, "fair_value": 10.616715, "relative_strength": -7.755134, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.25156, "energy": 32.724307, "activity_lines": [ 11.723333, 11.295273, 11.337619, 11.386 ] }, { "date": "2026-02-06", "close": 12.38, "volume": 36340336, "typical_volume": 26199709.85, "trend": 11.363333, "fair_value": 10.603398, "relative_strength": -2.612144, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.555089, "energy": 52.751681, "activity_lines": [ 12.023333, 11.534, 11.415524, 11.456968 ] }, { "date": "2026-02-13", "close": 12.2, "volume": 28699247, "typical_volume": 25262325.15, "trend": 11.435667, "fair_value": 10.591203, "relative_strength": -5.553919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.007031, "energy": 57.870882, "activity_lines": [ 12.134, 11.716, 11.474857, 11.510946 ] }, { "date": "2026-02-27", "close": 13.21, "volume": 33781638, "typical_volume": 26318446.35, "trend": 11.519667, "fair_value": 10.584534, "relative_strength": -0.672267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.074217, "energy": 76.018054, "activity_lines": [ 12.528667, 12.055273, 11.632905, 11.625419 ] }, { "date": "2026-03-06", "close": 14.05, "volume": 102835216, "typical_volume": 30757823.5, "trend": 11.641, "fair_value": 10.582807, "relative_strength": 7.764461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.57043, "energy": 82.438433, "activity_lines": [ 13.093333, 12.496182, 11.867667, 11.788667 ] }, { "date": "2026-03-13", "close": 13.73, "volume": 36927010, "typical_volume": 31137920.55, "trend": 11.738667, "fair_value": 10.575109, "relative_strength": 4.410759, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.745746, "energy": 80.21265, "activity_lines": [ 13.417333, 12.817455, 12.061952, 11.923441 ] }, { "date": "2026-03-20", "close": 13.36, "volume": 43059271, "typical_volume": 31815065.25, "trend": 11.823333, "fair_value": 10.566367, "relative_strength": 4.563562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.551185, "energy": 75.774892, "activity_lines": [ 13.499333, 13.010727, 12.213381, 12.028043 ] }, { "date": "2026-03-27", "close": 14.05, "volume": 47439487, "typical_volume": 32668622.6, "trend": 11.907667, "fair_value": 10.565209, "relative_strength": 10.742071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.904603, "energy": 72.064819, "activity_lines": [ 13.746, 13.276364, 12.424905, 12.171699 ] }, { "date": "2026-04-03", "close": 12.67, "volume": 43488519, "typical_volume": 32476111.5, "trend": 11.978, "fair_value": 10.558492, "relative_strength": 2.927547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.623239, "energy": 42.427045, "activity_lines": [ 13.409333, 13.243091, 12.498, 12.220882 ] }, { "date": "2026-04-10", "close": 13.71, "volume": 19922702, "typical_volume": 32495754.4, "trend": 12.068333, "fair_value": 10.559074, "relative_strength": 4.17164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.616603, "energy": 39.428046, "activity_lines": [ 13.455333, 13.378727, 12.667286, 12.332624 ] }, { "date": "2026-04-17", "close": 13.12, "volume": 23493881, "typical_volume": 32647190.55, "trend": 12.124, "fair_value": 10.553978, "relative_strength": -3.970052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.260856, "energy": 30.237943, "activity_lines": [ 13.327333, 13.376727, 12.770286, 12.400473 ] }, { "date": "2026-04-24", "close": 13.36, "volume": 32875858, "typical_volume": 33637673.45, "trend": 12.166667, "fair_value": 10.547701, "relative_strength": -2.291527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.935172, "energy": 23.82963, "activity_lines": [ 13.32, 13.397091, 12.88481, 12.480215 ] }, { "date": "2026-05-01", "close": 13.8, "volume": 31021366, "typical_volume": 34581786.45, "trend": 12.202333, "fair_value": 10.546142, "relative_strength": 0.182964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.877155, "energy": 31.665079, "activity_lines": [ 13.459333, 13.479636, 13.030286, 12.585591 ] }, { "date": "2026-05-08", "close": 14.8, "volume": 38867550, "typical_volume": 35593543.95, "trend": 12.278333, "fair_value": 10.549412, "relative_strength": 4.577235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.538623, "energy": 43.670284, "activity_lines": [ 13.948667, 13.714909, 13.256476, 12.753183 ] }, { "date": "2026-05-15", "close": 17.0, "volume": 113223136, "typical_volume": 40143832.55, "trend": 12.446667, "fair_value": 10.566659, "relative_strength": 20.052741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.78104, "energy": 74.147585, "activity_lines": [ 15.029333, 14.321273, 13.671238, 13.057806 ] }, { "date": "2026-05-22", "close": 20.34, "volume": 210145580, "typical_volume": 49870246.25, "trend": 12.720333, "fair_value": 10.603419, "relative_strength": 42.373219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.681003, "energy": 88.033496, "activity_lines": [ 17.004, 15.481273, 14.373952, 13.567054 ] }, { "date": "2026-05-29", "close": 21.370001, "volume": 133614670, "typical_volume": 56114819.45, "trend": 13.026667, "fair_value": 10.648425, "relative_strength": 48.502712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.138808, "energy": 95.13147, "activity_lines": [ 18.840667, 16.708364, 15.127381, 14.125097 ] }, { "date": "2026-06-05", "close": 25.5, "volume": 26614520, "typical_volume": 55840380.2, "trend": 13.457333, "fair_value": 10.723067, "relative_strength": 77.595306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.932315, "energy": 98.036246, "activity_lines": [ 21.52, 18.540727, 16.222095, 14.929828 ] }, { "date": "2026-06-12", "close": 19.780001, "volume": 27172386, "typical_volume": 55649338.15, "trend": 13.714333, "fair_value": 10.758324, "relative_strength": 40.002086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.662124, "energy": 86.902581, "activity_lines": [ 21.512667, 19.124909, 16.704953, 15.337742 ] }, { "date": "2026-06-19", "close": 18.6, "volume": 117632525, "typical_volume": 58790150.8, "trend": 13.948, "fair_value": 10.78374, "relative_strength": 22.374301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.847117, "energy": 62.792999, "activity_lines": [ 20.78, 19.365273, 17.036286, 15.652946 ] }, { "date": "2026-06-26", "close": 16.83, "volume": 19568771, "typical_volume": 58336183.45, "trend": 14.151, "fair_value": 10.803248, "relative_strength": 12.188233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.305478, "energy": 47.04682, "activity_lines": [ 19.350667, 19.194909, 17.16781, 15.838882 ] }, { "date": "2026-07-03", "close": 16.23, "volume": 13635606, "typical_volume": 57200946.95, "trend": 14.323333, "fair_value": 10.81657, "relative_strength": 9.256998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.697081, "energy": 25.645114, "activity_lines": [ 17.955333, 18.848, 17.218953, 15.973011 ] }, { "date": "2026-07-10", "close": 15.19, "volume": 70479636, "typical_volume": 59289966.4, "trend": 14.471333, "fair_value": 10.82607, "relative_strength": 5.798372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.420084, "energy": 25.243303, "activity_lines": [ 16.556, 18.259818, 17.152714, 16.028925 ] }, { "date": "2026-07-17", "close": 12.52, "volume": 62256240, "typical_volume": 60713696.5, "trend": 14.542, "fair_value": 10.816685, "relative_strength": -4.254711, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.653092, "energy": 24.023701, "activity_lines": [ 14.954, 17.160909, 16.817953, 15.903032 ] }, { "date": "2026-07-24", "close": 11.74, "volume": 61729678, "typical_volume": 58658419.6, "trend": 14.577667, "fair_value": 10.804575, "relative_strength": -10.541245, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.314365, "energy": 38.464147, "activity_lines": [ 13.576, 15.961636, 16.412191, 15.722258 ] }, { "date": "2026-07-31", "close": 11.06, "volume": 54236153, "typical_volume": 59523876.75, "trend": 14.6, "fair_value": 10.786716, "relative_strength": -14.26098, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.040128, "energy": 45.951409, "activity_lines": [ 12.428667, 14.734364, 15.952667, 15.495312 ] }, { "date": "2026-08-07", "close": 13.89, "volume": 75740896, "typical_volume": 61157958.0, "trend": 14.715, "fair_value": 10.785417, "relative_strength": 2.120893, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.114436, "energy": 43.640518, "activity_lines": [ 12.609333, 14.190364, 15.775381, 15.449505 ] } ], "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." } } }