{ "ticker": { "uuid": "7332cfc7-abdd-456e-b60b-4bf8a557ebc6", "symbol": "600064", "name": "Nanjing Gaoke Company Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -28.529, "architecture_energy": 28.095, "architecture_maturity": 87.177, "architecture_confidence": 76.092, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 37.61, "rotation_up": 38.85, "upward_expansion": 22.01, "deceleration": 44.15, "rotation_down": 24.25, "downward_expansion": 58.34 }, "activity_lines": [ 7.592894, 7.392152, 7.485173, 7.723321 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 7.64, "trend_reference": 8.060927, "distance_from_trend": -0.052218, "trend_direction": "Weakening", "fair_value": 6.974516, "distance_from_fair_value": 0.095416, "fair_value_direction": "Weakening", "relative_strength": -5.85783, "relative_strength_direction": "Improving", "price_momentum": -0.153931, "excess_performance": -0.110728, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.052218, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05225, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.095416, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.11961, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058578, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.011576, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.153931, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.84667, "read": "Supply-led" } ], "volume": { "latest": 91050804, "relative_activity": 1.3205, "balance": 0.84667, "dry_up": 1.413544, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.050553, "annualized_volatility": 0.238554, "from_high_reference": -0.193242, "from_low_reference": 0.110583 }, "levels": { "trend_reference": 8.060927, "fair_value_reference": 6.974516, "structural_low": 6.879267, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.029508, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": 0.020193, "regime_survival": 0.615385, "best_return": 0.210145, "worst_return": -0.120192, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.027869, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": -0.000893, "regime_survival": 0.285714, "best_return": 0.407609, "worst_return": -0.081731, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.092761, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.066653, "regime_survival": 0.2, "best_return": 0.342391, "worst_return": -0.018567, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.136899, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.212996, "regime_survival": 0.333333, "best_return": 0.332762, "worst_return": 0.018638, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.023729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": -0.015517, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.036232, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.082212, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.158683, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-04-25", "tenure": "Established", "return": 0.013569, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-30", "tenure": "Developing", "return": 0.052631, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.02635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-12-05", "tenure": "Established", "return": 0.138206, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": 0.044578, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-06", "tenure": "Developing", "return": -0.034368, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.077615, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": -0.042908, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.081731, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.285419, "volume": 111544027, "typical_volume": 70783994.6, "trend": 5.86204, "fair_value": 5.624911, "relative_strength": 4.433323, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.345834, "energy": 24.626451, "activity_lines": [ 5.955607, 5.859285, 5.866465, 5.871051 ] }, { "date": "2023-08-04", "close": 6.469203, "volume": 132026992, "typical_volume": 73818252.2, "trend": 5.887923, "fair_value": 5.629849, "relative_strength": 6.833319, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.548185, "energy": 72.659744, "activity_lines": [ 6.157154, 5.97842, 5.922667, 5.910223 ] }, { "date": "2023-08-11", "close": 6.165959, "volume": 72196810, "typical_volume": 73854496.1, "trend": 5.899965, "fair_value": 5.633808, "relative_strength": 4.780285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.86964, "energy": 70.887973, "activity_lines": [ 6.205856, 6.028929, 5.947849, 5.928161 ] }, { "date": "2023-08-18", "close": 6.046499, "volume": 63302844, "typical_volume": 73053033.1, "trend": 5.913192, "fair_value": 5.636519, "relative_strength": 4.448849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.795798, "energy": 71.018382, "activity_lines": [ 6.184337, 6.050053, 5.961205, 5.937615 ] }, { "date": "2023-08-25", "close": 5.963796, "volume": 58307374, "typical_volume": 73541128.05, "trend": 5.915051, "fair_value": 5.638527, "relative_strength": 5.128353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.991591, "energy": 57.097708, "activity_lines": [ 6.115112, 6.053623, 5.965082, 5.94088 ] }, { "date": "2023-09-01", "close": 5.871903, "volume": 147077747, "typical_volume": 77672091.8, "trend": 5.914133, "fair_value": 5.639326, "relative_strength": 1.145424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.829613, "energy": 13.699815, "activity_lines": [ 6.010354, 6.037749, 5.959326, 5.938096 ] }, { "date": "2023-09-08", "close": 5.927039, "volume": 85459260, "typical_volume": 78882102.7, "trend": 5.916776, "fair_value": 5.640547, "relative_strength": 2.549983, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.025966, "energy": 18.860905, "activity_lines": [ 5.951543, 6.02739, 5.958953, 5.938928 ] }, { "date": "2023-09-15", "close": 5.963796, "volume": 48657845, "typical_volume": 78066153.95, "trend": 5.924663, "fair_value": 5.641039, "relative_strength": 3.129818, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.517566, "energy": 19.080048, "activity_lines": [ 5.941129, 6.019453, 5.961662, 5.941962 ] }, { "date": "2023-09-22", "close": 5.954607, "volume": 49795679, "typical_volume": 77602829.25, "trend": 5.926215, "fair_value": 5.638302, "relative_strength": 2.530008, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.470188, "energy": 17.464029, "activity_lines": [ 5.941129, 6.005231, 5.962861, 5.943894 ] }, { "date": "2023-09-29", "close": 5.853525, "volume": 35349728, "typical_volume": 72424631.15, "trend": 5.922101, "fair_value": 5.634261, "relative_strength": 1.648678, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.587198, "energy": 9.409489, "activity_lines": [ 5.913561, 5.968808, 5.954991, 5.939204 ] }, { "date": "2023-10-13", "close": 5.669741, "volume": 59309004, "typical_volume": 72155130.55, "trend": 5.915593, "fair_value": 5.629387, "relative_strength": -0.631933, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.621388, "energy": 25.681992, "activity_lines": [ 5.832084, 5.899638, 5.931436, 5.922923 ] }, { "date": "2023-10-20", "close": 5.550282, "volume": 46786381, "typical_volume": 69823815.3, "trend": 5.899936, "fair_value": 5.626505, "relative_strength": 0.812049, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.408643, "energy": 60.192216, "activity_lines": [ 5.724264, 5.819943, 5.898007, 5.899354 ] }, { "date": "2023-10-27", "close": 5.605417, "volume": 47538696, "typical_volume": 68329548.0, "trend": 5.884394, "fair_value": 5.624699, "relative_strength": 0.708018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.791714, "energy": 65.451774, "activity_lines": [ 5.65994, 5.76698, 5.870672, 5.880353 ] }, { "date": "2023-11-03", "close": 5.605417, "volume": 50660246, "typical_volume": 65953077.5, "trend": 5.880909, "fair_value": 5.62217, "relative_strength": 0.321209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.426347, "energy": 70.429212, "activity_lines": [ 5.619507, 5.724208, 5.843998, 5.862355 ] }, { "date": "2023-11-10", "close": 5.587039, "volume": 48199031, "typical_volume": 65077371.35, "trend": 5.874515, "fair_value": 5.619523, "relative_strength": -0.259569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.533377, "energy": 70.538312, "activity_lines": [ 5.596228, 5.686115, 5.817016, 5.843395 ] }, { "date": "2023-11-17", "close": 5.614606, "volume": 31494656, "typical_volume": 64642640.9, "trend": 5.865021, "fair_value": 5.618018, "relative_strength": -0.317833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.865213, "energy": 62.608086, "activity_lines": [ 5.599904, 5.659884, 5.793736, 5.826627 ] }, { "date": "2023-11-24", "close": 5.770823, "volume": 67581032, "typical_volume": 65337088.65, "trend": 5.862744, "fair_value": 5.620099, "relative_strength": 2.885296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.191254, "energy": 36.491256, "activity_lines": [ 5.659327, 5.666734, 5.785378, 5.82055 ] }, { "date": "2023-12-01", "close": 5.614606, "volume": 50503609, "typical_volume": 65705217.75, "trend": 5.855546, "fair_value": 5.621317, "relative_strength": 0.457842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.116117, "energy": 31.9873, "activity_lines": [ 5.651976, 5.648022, 5.76177, 5.804541 ] }, { "date": "2023-12-08", "close": 5.577849, "volume": 51543616, "typical_volume": 66266362.35, "trend": 5.839085, "fair_value": 5.622712, "relative_strength": 2.000249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.61829, "energy": 36.694986, "activity_lines": [ 5.631759, 5.628975, 5.735116, 5.786625 ] }, { "date": "2023-12-15", "close": 5.706498, "volume": 109320739, "typical_volume": 68332765.8, "trend": 5.821458, "fair_value": 5.623622, "relative_strength": 5.320324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.298743, "energy": 26.276058, "activity_lines": [ 5.656264, 5.640169, 5.721507, 5.778071 ] }, { "date": "2023-12-22", "close": 5.504335, "volume": 56758893, "typical_volume": 65593509.1, "trend": 5.805417, "fair_value": 5.623065, "relative_strength": 2.565536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.889468, "energy": 43.437689, "activity_lines": [ 5.605417, 5.617279, 5.68952, 5.757611 ] }, { "date": "2023-12-29", "close": 5.550282, "volume": 39474675, "typical_volume": 60965893.25, "trend": 5.799521, "fair_value": 5.622457, "relative_strength": 1.392879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.798178, "energy": 44.575587, "activity_lines": [ 5.577237, 5.605751, 5.665628, 5.741151 ] }, { "date": "2024-01-05", "close": 5.587039, "volume": 41122425, "typical_volume": 59412174.0, "trend": 5.794275, "fair_value": 5.622911, "relative_strength": 3.653841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.423562, "energy": 35.730409, "activity_lines": [ 5.576012, 5.600906, 5.649613, 5.727442 ] }, { "date": "2024-01-12", "close": 5.531903, "volume": 40500109, "typical_volume": 58272037.25, "trend": 5.781737, "fair_value": 5.622806, "relative_strength": 4.228303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.685551, "energy": 41.924599, "activity_lines": [ 5.558246, 5.58637, 5.631103, 5.710515 ] }, { "date": "2024-01-19", "close": 5.467579, "volume": 47096113, "typical_volume": 57711474.2, "trend": 5.770213, "fair_value": 5.623081, "relative_strength": 4.72321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.538928, "energy": 45.823897, "activity_lines": [ 5.522102, 5.561476, 5.608918, 5.690247 ] }, { "date": "2024-01-26", "close": 5.761633, "volume": 84156331, "typical_volume": 54565403.4, "trend": 5.774806, "fair_value": 5.624621, "relative_strength": 7.163101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.124435, "energy": 17.904055, "activity_lines": [ 5.599903, 5.592218, 5.6171, 5.689693 ] }, { "date": "2024-02-02", "close": 5.4492, "volume": 93230973, "typical_volume": 54953989.05, "trend": 5.766688, "fair_value": 5.624881, "relative_strength": 7.827704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.758307, "energy": 30.314607, "activity_lines": [ 5.556408, 5.563481, 5.596053, 5.668687 ] }, { "date": "2024-02-09", "close": 5.825958, "volume": 109280252, "typical_volume": 57985109.4, "trend": 5.770555, "fair_value": 5.627074, "relative_strength": 9.566007, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.859692, "energy": 9.100425, "activity_lines": [ 5.645237, 5.609093, 5.613162, 5.67251 ] }, { "date": "2024-02-23", "close": 5.835147, "volume": 87870579, "typical_volume": 59888854.4, "trend": 5.773579, "fair_value": 5.630153, "relative_strength": 4.502502, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.426835, "energy": 11.632175, "activity_lines": [ 5.721201, 5.652532, 5.631803, 5.676678 ] }, { "date": "2024-03-01", "close": 5.752444, "volume": 73225459, "typical_volume": 61782640.95, "trend": 5.768985, "fair_value": 5.634391, "relative_strength": 2.136866, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.439852, "energy": 12.959024, "activity_lines": [ 5.749381, 5.676257, 5.643136, 5.675314 ] }, { "date": "2024-03-08", "close": 5.770823, "volume": 52325189, "typical_volume": 61433450.2, "trend": 5.751832, "fair_value": 5.638643, "relative_strength": 1.733421, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.540827, "energy": 19.923898, "activity_lines": [ 5.764697, 5.702488, 5.656701, 5.675433 ] }, { "date": "2024-03-15", "close": 5.780012, "volume": 58061261, "typical_volume": 61997194.2, "trend": 5.728859, "fair_value": 5.642575, "relative_strength": 1.506857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.15873, "energy": 24.05299, "activity_lines": [ 5.782462, 5.725545, 5.67066, 5.677251 ] }, { "date": "2024-03-22", "close": 5.715687, "volume": 45461592, "typical_volume": 61893339.0, "trend": 5.713849, "fair_value": 5.644682, "relative_strength": 0.532944, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.360818, "energy": 15.122469, "activity_lines": [ 5.756732, 5.732729, 5.677399, 5.676401 ] }, { "date": "2024-03-29", "close": 5.743255, "volume": 53405146, "typical_volume": 62030584.0, "trend": 5.703741, "fair_value": 5.647034, "relative_strength": 1.207839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.264129, "energy": 12.790501, "activity_lines": [ 5.747543, 5.742587, 5.686238, 5.678298 ] }, { "date": "2024-04-05", "close": 5.825958, "volume": 34591363, "typical_volume": 61350200.6, "trend": 5.699147, "fair_value": 5.649262, "relative_strength": 1.683596, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.751699, "energy": 16.200432, "activity_lines": [ 5.772048, 5.763638, 5.702297, 5.686183 ] }, { "date": "2024-04-12", "close": 5.844336, "volume": 61667902, "typical_volume": 62858862.9, "trend": 5.698228, "fair_value": 5.6514, "relative_strength": 3.48392, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.918034, "energy": 18.52518, "activity_lines": [ 5.797778, 5.781515, 5.718969, 5.69555 ] }, { "date": "2024-04-19", "close": 6.009742, "volume": 105175010, "typical_volume": 64738561.8, "trend": 5.700985, "fair_value": 5.655082, "relative_strength": 4.58235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.89599, "energy": 49.945961, "activity_lines": [ 5.873742, 5.827963, 5.7503, 5.715648 ] }, { "date": "2024-04-26", "close": 5.90866, "volume": 58517132, "typical_volume": 65139237.95, "trend": 5.699147, "fair_value": 5.658494, "relative_strength": 1.892785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.289509, "energy": 50.297445, "activity_lines": [ 5.900696, 5.84584, 5.770866, 5.729046 ] }, { "date": "2024-05-03", "close": 5.789201, "volume": 66712340, "typical_volume": 65897674.15, "trend": 5.693633, "fair_value": 5.661072, "relative_strength": -0.785161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.939622, "energy": 42.560667, "activity_lines": [ 5.874967, 5.840493, 5.778655, 5.734856 ] }, { "date": "2024-05-10", "close": 5.890282, "volume": 104001296, "typical_volume": 65631702.0, "trend": 5.694858, "fair_value": 5.664574, "relative_strength": -0.758507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.798362, "energy": 42.13765, "activity_lines": [ 5.879868, 5.854361, 5.795065, 5.747543 ] }, { "date": "2024-05-17", "close": 6.257851, "volume": 160011520, "typical_volume": 70794333.35, "trend": 5.714462, "fair_value": 5.670569, "relative_strength": 5.27622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.327949, "energy": 67.957842, "activity_lines": [ 6.003003, 5.932553, 5.845605, 5.783865 ] }, { "date": "2024-05-24", "close": 6.064877, "volume": 211609293, "typical_volume": 79401064.25, "trend": 5.731615, "fair_value": 5.676396, "relative_strength": 4.120326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.135851, "energy": 58.527898, "activity_lines": [ 6.034246, 5.966803, 5.874179, 5.806473 ] }, { "date": "2024-05-31", "close": 5.844336, "volume": 72397987, "typical_volume": 80964842.35, "trend": 5.739579, "fair_value": 5.68043, "relative_strength": 0.328972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.993206, "energy": 46.234712, "activity_lines": [ 5.9883, 5.955776, 5.879299, 5.813745 ] }, { "date": "2024-06-07", "close": 5.724876, "volume": 85602909, "typical_volume": 83219982.35, "trend": 5.743561, "fair_value": 5.683147, "relative_strength": -0.671857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.633789, "energy": 21.74291, "activity_lines": [ 5.906823, 5.92069, 5.871816, 5.812796 ] }, { "date": "2024-06-14", "close": 5.642174, "volume": 56812736, "typical_volume": 83705813.5, "trend": 5.745399, "fair_value": 5.685127, "relative_strength": -1.587096, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.472779, "energy": 13.347572, "activity_lines": [ 5.802066, 5.870901, 5.855538, 5.806255 ] }, { "date": "2024-06-21", "close": 5.577849, "volume": 52366560, "typical_volume": 82116324.95, "trend": 5.744174, "fair_value": 5.686798, "relative_strength": -1.621839, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -23.810139, "energy": 28.29073, "activity_lines": [ 5.692408, 5.812759, 5.832303, 5.795446 ] }, { "date": "2024-06-28", "close": 5.577849, "volume": 56275672, "typical_volume": 80268559.9, "trend": 5.737741, "fair_value": 5.688125, "relative_strength": -0.70764, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -23.817468, "energy": 31.493383, "activity_lines": [ 5.628083, 5.759461, 5.809942, 5.784715 ] }, { "date": "2024-07-05", "close": 5.550282, "volume": 44581828, "typical_volume": 77033638.7, "trend": 5.735597, "fair_value": 5.688826, "relative_strength": -0.737163, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.356071, "energy": 44.902535, "activity_lines": [ 5.587038, 5.709004, 5.784344, 5.772621 ] }, { "date": "2024-07-12", "close": 5.614606, "volume": 61892568, "typical_volume": 75734738.15, "trend": 5.736822, "fair_value": 5.690561, "relative_strength": -0.421616, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.415468, "energy": 41.218821, "activity_lines": [ 5.587038, 5.676758, 5.766184, 5.764815 ] }, { "date": "2024-07-19", "close": 5.604976, "volume": 52581203, "typical_volume": 74702525.35, "trend": 5.733438, "fair_value": 5.69244, "relative_strength": -1.052948, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.119864, "energy": 30.695331, "activity_lines": [ 5.59118, 5.645936, 5.748158, 5.756309 ] }, { "date": "2024-07-26", "close": 5.537561, "volume": 43553654, "typical_volume": 74263948.6, "trend": 5.734546, "fair_value": 5.69306, "relative_strength": 0.704028, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.111615, "energy": 27.520012, "activity_lines": [ 5.575329, 5.608044, 5.724413, 5.743671 ] }, { "date": "2024-08-02", "close": 5.68202, "volume": 49665452, "typical_volume": 73844158.15, "trend": 5.738937, "fair_value": 5.696238, "relative_strength": 2.717531, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.86456, "energy": 15.931767, "activity_lines": [ 5.610318, 5.609513, 5.715537, 5.740283 ] }, { "date": "2024-08-09", "close": 5.826478, "volume": 58254900, "typical_volume": 74483823.55, "trend": 5.746919, "fair_value": 5.700849, "relative_strength": 6.790487, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -25.116211, "energy": 12.794539, "activity_lines": [ 5.686514, 5.644209, 5.720885, 5.745931 ] }, { "date": "2024-08-16", "close": 5.816847, "volume": 47033337, "typical_volume": 74165233.1, "trend": 5.756417, "fair_value": 5.706087, "relative_strength": 5.91951, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -17.726788, "energy": 14.96675, "activity_lines": [ 5.741087, 5.677478, 5.724789, 5.750442 ] }, { "date": "2024-08-23", "close": 5.585714, "volume": 40263220, "typical_volume": 74448825.95, "trend": 5.760354, "fair_value": 5.710424, "relative_strength": 2.57948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.165142, "energy": 22.715014, "activity_lines": [ 5.705133, 5.667051, 5.706329, 5.739429 ] }, { "date": "2024-08-30", "close": 5.566453, "volume": 57583426, "typical_volume": 74244602.15, "trend": 5.753848, "fair_value": 5.716921, "relative_strength": 2.634023, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.296937, "energy": 20.403577, "activity_lines": [ 5.664043, 5.654148, 5.68718, 5.726919 ] }, { "date": "2024-09-06", "close": 5.499039, "volume": 55338856, "typical_volume": 71752794.45, "trend": 5.75551, "fair_value": 5.722515, "relative_strength": 4.148107, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.254576, "energy": 41.491232, "activity_lines": [ 5.598555, 5.629195, 5.662933, 5.71048 ] }, { "date": "2024-09-13", "close": 5.316059, "volume": 47198110, "typical_volume": 71186843.35, "trend": 5.738513, "fair_value": 5.725885, "relative_strength": 2.8853, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.88846, "energy": 70.463385, "activity_lines": [ 5.484272, 5.572406, 5.623691, 5.682128 ] }, { "date": "2024-09-20", "close": 5.50867, "volume": 35124978, "typical_volume": 69607475.25, "trend": 5.727631, "fair_value": 5.729075, "relative_strength": 5.220603, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.204847, "energy": 62.53577, "activity_lines": [ 5.468222, 5.554896, 5.605615, 5.6673 ] }, { "date": "2024-09-27", "close": 6.442832, "volume": 140455428, "typical_volume": 71430181.85, "trend": 5.750643, "fair_value": 5.738435, "relative_strength": 8.894669, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.323496, "energy": 19.063536, "activity_lines": [ 5.784103, 5.70916, 5.677843, 5.713442 ] }, { "date": "2024-10-04", "close": 6.972512, "volume": 74338250, "typical_volume": 67146518.35, "trend": 5.7907, "fair_value": 5.749051, "relative_strength": 8.847194, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.343993, "energy": 81.805156, "activity_lines": [ 6.219404, 5.944496, 5.797885, 5.792272 ] }, { "date": "2024-10-11", "close": 6.433202, "volume": 216991060, "typical_volume": 67415606.7, "trend": 5.812473, "fair_value": 5.756174, "relative_strength": 4.012309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.298993, "energy": 71.523769, "activity_lines": [ 6.381197, 6.055685, 5.863162, 5.833724 ] }, { "date": "2024-10-18", "close": 6.587291, "volume": 159864877, "typical_volume": 71788951.2, "trend": 5.841526, "fair_value": 5.765807, "relative_strength": 4.879829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.069411, "energy": 78.716806, "activity_lines": [ 6.532076, 6.181232, 5.941359, 5.883712 ] }, { "date": "2024-10-25", "close": 7.011034, "volume": 163499726, "typical_volume": 75683792.05, "trend": 5.883786, "fair_value": 5.777649, "relative_strength": 10.046036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.775785, "energy": 87.124383, "activity_lines": [ 6.739453, 6.36999, 6.056375, 5.959164 ] }, { "date": "2024-11-01", "close": 7.29032, "volume": 178116742, "typical_volume": 81748992.35, "trend": 5.932598, "fair_value": 5.791898, "relative_strength": 14.973569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.913696, "energy": 86.594068, "activity_lines": [ 6.939768, 6.587816, 6.191866, 6.049908 ] }, { "date": "2024-11-08", "close": 7.983719, "volume": 251206532, "typical_volume": 91690990.95, "trend": 6.00391, "fair_value": 5.810083, "relative_strength": 18.787955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.896124, "energy": 92.661755, "activity_lines": [ 7.314717, 6.900721, 6.385546, 6.182239 ] }, { "date": "2024-11-15", "close": 7.434778, "volume": 141930418, "typical_volume": 95973728.25, "trend": 6.051412, "fair_value": 5.825439, "relative_strength": 14.213821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.965758, "energy": 79.102022, "activity_lines": [ 7.439272, 7.069868, 6.515489, 6.274553 ] }, { "date": "2024-11-22", "close": 7.482931, "volume": 162383291, "typical_volume": 101863801.4, "trend": 6.103887, "fair_value": 5.840596, "relative_strength": 16.669932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.265671, "energy": 68.983583, "activity_lines": [ 7.513107, 7.212575, 6.641176, 6.366909 ] }, { "date": "2024-11-29", "close": 7.752586, "volume": 105576672, "typical_volume": 104048006.6, "trend": 6.169333, "fair_value": 5.858461, "relative_strength": 18.219419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.428101, "energy": 63.020744, "activity_lines": [ 7.617116, 7.364913, 6.783341, 6.473276 ] }, { "date": "2024-12-06", "close": 7.752586, "volume": 109144786, "typical_volume": 106876185.75, "trend": 6.23141, "fair_value": 5.87502, "relative_strength": 15.046324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.620402, "energy": 57.747613, "activity_lines": [ 7.671689, 7.476452, 6.915325, 6.575422 ] }, { "date": "2024-12-13", "close": 7.482931, "volume": 151510687, "typical_volume": 112274037.4, "trend": 6.272246, "fair_value": 5.888691, "relative_strength": 11.090311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.10828, "energy": 49.911456, "activity_lines": [ 7.60556, 7.515149, 7.011401, 6.656165 ] }, { "date": "2024-12-20", "close": 7.328843, "volume": 90552069, "typical_volume": 114318368.25, "trend": 6.314378, "fair_value": 5.902062, "relative_strength": 9.321316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.67239, "energy": 43.68851, "activity_lines": [ 7.521453, 7.51655, 7.083539, 6.724332 ] }, { "date": "2024-12-27", "close": 7.454039, "volume": 71154602, "typical_volume": 114963353.35, "trend": 6.368035, "fair_value": 5.916889, "relative_strength": 9.817602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.962319, "energy": 37.027977, "activity_lines": [ 7.486141, 7.52443, 7.159757, 6.797859 ] }, { "date": "2025-01-03", "close": 7.097709, "volume": 85661640, "typical_volume": 116894768.5, "trend": 6.413796, "fair_value": 5.929141, "relative_strength": 10.346455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.674638, "energy": 26.368257, "activity_lines": [ 7.333979, 7.451763, 7.19429, 6.844935 ] }, { "date": "2025-01-10", "close": 6.818424, "volume": 84363215, "typical_volume": 119099768.25, "trend": 6.453005, "fair_value": 5.939169, "relative_strength": 7.188233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.122793, "energy": 22.302822, "activity_lines": [ 7.132379, 7.326741, 7.196124, 6.87104 ] }, { "date": "2025-01-17", "close": 7.11697, "volume": 74909381, "typical_volume": 119966066.0, "trend": 6.504309, "fair_value": 5.951146, "relative_strength": 9.063651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.060143, "energy": 21.00761, "activity_lines": [ 7.092573, 7.26458, 7.220522, 6.913876 ] }, { "date": "2025-01-24", "close": 7.10734, "volume": 66900546, "typical_volume": 120544150.5, "trend": 6.555292, "fair_value": 5.962989, "relative_strength": 8.290806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.967041, "energy": 17.964511, "activity_lines": [ 7.073954, 7.216428, 7.236618, 6.952781 ] }, { "date": "2025-01-31", "close": 7.145862, "volume": 12218764, "typical_volume": 118795183.2, "trend": 6.608478, "fair_value": 5.974934, "relative_strength": 8.71914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.643954, "energy": 15.299763, "activity_lines": [ 7.082942, 7.181232, 7.248725, 6.990883 ] }, { "date": "2025-02-07", "close": 7.059187, "volume": 49951879, "typical_volume": 119536528.25, "trend": 6.65663, "fair_value": 5.98538, "relative_strength": 5.533937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.242569, "energy": 11.274207, "activity_lines": [ 7.083584, 7.136407, 7.243864, 7.019961 ] }, { "date": "2025-02-14", "close": 6.972512, "volume": 80093417, "typical_volume": 116518427.7, "trend": 6.702215, "fair_value": 5.995054, "relative_strength": 2.847724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.869689, "energy": 8.752496, "activity_lines": [ 7.057903, 7.088429, 7.223365, 7.04034 ] }, { "date": "2025-02-21", "close": 6.799162, "volume": 74811953, "typical_volume": 116542112.85, "trend": 6.744268, "fair_value": 6.003689, "relative_strength": -0.736734, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.985184, "energy": 16.131534, "activity_lines": [ 6.964166, 7.023116, 7.183834, 7.046595 ] }, { "date": "2025-02-28", "close": 6.779902, "volume": 81691756, "typical_volume": 109777147.65, "trend": 6.780864, "fair_value": 6.013977, "relative_strength": 0.582502, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.240407, "energy": 29.988996, "activity_lines": [ 6.885195, 6.966734, 7.143294, 7.048894 ] }, { "date": "2025-03-07", "close": 7.11697, "volume": 103376766, "typical_volume": 106952742.1, "trend": 6.823881, "fair_value": 6.024141, "relative_strength": 3.754029, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.2165, "energy": 14.207215, "activity_lines": [ 6.94041, 6.981617, 7.133205, 7.070578 ] }, { "date": "2025-03-14", "close": 7.136231, "volume": 79196239, "typical_volume": 102737567.75, "trend": 6.86786, "fair_value": 6.034792, "relative_strength": 2.415919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.583952, "energy": 10.96997, "activity_lines": [ 7.003972, 7.006131, 7.122428, 7.09073 ] }, { "date": "2025-03-21", "close": 7.078448, "volume": 59026299, "typical_volume": 96783045.6, "trend": 6.917618, "fair_value": 6.045507, "relative_strength": 3.0169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.785462, "energy": 11.0823, "activity_lines": [ 7.043136, 7.019439, 7.105551, 7.104316 ] }, { "date": "2025-03-28", "close": 7.088079, "volume": 47441314, "typical_volume": 86594784.7, "trend": 6.968339, "fair_value": 6.055849, "relative_strength": 3.352885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.957081, "energy": 15.137423, "activity_lines": [ 7.078448, 7.02977, 7.090601, 7.115313 ] }, { "date": "2025-04-04", "close": 7.088079, "volume": 49914846, "typical_volume": 81994006.1, "trend": 7.021307, "fair_value": 6.067858, "relative_strength": 3.423949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.553208, "energy": 15.049086, "activity_lines": [ 7.094499, 7.040626, 7.079916, 7.123039 ] }, { "date": "2025-04-11", "close": 6.596921, "volume": 121676821, "typical_volume": 79958682.6, "trend": 7.064002, "fair_value": 6.076103, "relative_strength": -0.752348, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.747721, "energy": 32.210828, "activity_lines": [ 6.926286, 6.962531, 7.024104, 7.095659 ] }, { "date": "2025-04-18", "close": 6.789532, "volume": 59557759, "typical_volume": 77657736.95, "trend": 7.106698, "fair_value": 6.08435, "relative_strength": 0.839855, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -56.230833, "energy": 53.27616, "activity_lines": [ 6.856946, 6.929437, 6.990856, 7.077951 ] }, { "date": "2025-04-25", "close": 7.194015, "volume": 99644176, "typical_volume": 77182706.45, "trend": 7.131737, "fair_value": 6.09247, "relative_strength": 5.984904, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -37.045714, "energy": 31.9333, "activity_lines": [ 6.945547, 6.974789, 7.000716, 7.083584 ] }, { "date": "2025-05-02", "close": 6.953251, "volume": 48596398, "typical_volume": 72036992.0, "trend": 7.131095, "fair_value": 6.098975, "relative_strength": 2.693268, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.483572, "energy": 32.305093, "activity_lines": [ 6.946189, 6.972337, 6.990306, 7.072069 ] }, { "date": "2025-05-09", "close": 7.232537, "volume": 73544382, "typical_volume": 71186607.65, "trend": 7.15774, "fair_value": 6.108539, "relative_strength": 4.516472, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.438605, "energy": 7.441994, "activity_lines": [ 7.048915, 7.017863, 7.009017, 7.078614 ] }, { "date": "2025-05-16", "close": 7.174754, "volume": 73177414, "typical_volume": 71287748.25, "trend": 7.177322, "fair_value": 6.115593, "relative_strength": 2.757635, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -6.088843, "energy": 14.62924, "activity_lines": [ 7.122749, 7.044654, 7.022683, 7.079712 ] }, { "date": "2025-05-23", "close": 7.222906, "volume": 63140718, "typical_volume": 70161702.15, "trend": 7.184384, "fair_value": 6.122666, "relative_strength": 3.850499, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.989432, "energy": 13.568848, "activity_lines": [ 7.174112, 7.079149, 7.042265, 7.082652 ] }, { "date": "2025-05-30", "close": 7.319211, "volume": 66524257, "typical_volume": 69269754.25, "trend": 7.185347, "fair_value": 6.131916, "relative_strength": 4.978068, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.379479, "energy": 30.933266, "activity_lines": [ 7.228684, 7.129578, 7.070423, 7.091351 ] }, { "date": "2025-06-06", "close": 7.309581, "volume": 51850470, "typical_volume": 68116808.7, "trend": 7.162876, "fair_value": 6.137949, "relative_strength": 3.397008, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.387524, "energy": 40.589699, "activity_lines": [ 7.271701, 7.173878, 7.095279, 7.099366 ] }, { "date": "2025-06-13", "close": 7.444409, "volume": 97963106, "typical_volume": 69669936.7, "trend": 7.163197, "fair_value": 6.145753, "relative_strength": 5.231622, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.788489, "energy": 50.57013, "activity_lines": [ 7.335905, 7.238665, 7.132058, 7.11753 ] }, { "date": "2025-06-20", "close": 7.309581, "volume": 65982809, "typical_volume": 72358138.95, "trend": 7.157419, "fair_value": 6.153418, "relative_strength": 3.552105, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.895959, "energy": 42.710627, "activity_lines": [ 7.341041, 7.27246, 7.154392, 7.126974 ] }, { "date": "2025-06-27", "close": 7.502192, "volume": 73604352, "typical_volume": 73540762.6, "trend": 7.149072, "fair_value": 6.162209, "relative_strength": 3.987798, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.732209, "energy": 56.278574, "activity_lines": [ 7.401392, 7.328317, 7.19429, 7.149217 ] }, { "date": "2025-07-04", "close": 7.511823, "volume": 66623547, "typical_volume": 72867269.1, "trend": 7.141047, "fair_value": 6.171025, "relative_strength": 2.415726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.865519, "energy": 56.154243, "activity_lines": [ 7.446335, 7.372968, 7.232995, 7.17262 ] }, { "date": "2025-07-11", "close": 7.742956, "volume": 101434496, "typical_volume": 74198396.25, "trend": 7.149714, "fair_value": 6.181287, "relative_strength": 4.128621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.613123, "energy": 72.668492, "activity_lines": [ 7.555481, 7.453864, 7.291146, 7.211453 ] }, { "date": "2025-07-18", "close": 7.752586, "volume": 72444983, "typical_volume": 73736057.6, "trend": 7.163839, "fair_value": 6.191465, "relative_strength": 3.246856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.306561, "energy": 78.512531, "activity_lines": [ 7.638946, 7.522154, 7.345719, 7.250348 ] }, { "date": "2025-07-25", "close": 7.83, "volume": 120620507, "typical_volume": 74598244.65, "trend": 7.176371, "fair_value": 6.201669, "relative_strength": 2.316938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.15389, "energy": 85.731946, "activity_lines": [ 7.72767, 7.595063, 7.403033, 7.293326 ] }, { "date": "2025-08-01", "close": 7.55, "volume": 99867855, "typical_volume": 75631825.45, "trend": 7.191447, "fair_value": 6.211564, "relative_strength": -0.556145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.174853, "energy": 75.806222, "activity_lines": [ 7.688366, 7.605149, 7.430285, 7.317431 ] }, { "date": "2025-08-08", "close": 7.65, "volume": 70537917, "typical_volume": 76207406.35, "trend": 7.219167, "fair_value": 6.22262, "relative_strength": -1.383966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.365264, "energy": 61.629229, "activity_lines": [ 7.679209, 7.62747, 7.46509, 7.347015 ] }, { "date": "2025-08-15", "close": 7.69, "volume": 76893965, "typical_volume": 77680038.9, "trend": 7.238268, "fair_value": 6.235478, "relative_strength": -2.574058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.596431, "energy": 49.195365, "activity_lines": [ 7.674172, 7.65105, 7.500983, 7.377392 ] }, { "date": "2025-08-22", "close": 7.84, "volume": 94172141, "typical_volume": 79892903.65, "trend": 7.26269, "fair_value": 6.249242, "relative_strength": -4.102314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.311123, "energy": 50.345411, "activity_lines": [ 7.722667, 7.694985, 7.548296, 7.416213 ] }, { "date": "2025-08-29", "close": 8.15, "volume": 173667661, "typical_volume": 82492445.65, "trend": 7.296161, "fair_value": 6.264994, "relative_strength": -1.278521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.480925, "energy": 64.799325, "activity_lines": [ 7.868667, 7.788092, 7.621552, 7.473459 ] }, { "date": "2025-09-05", "close": 7.9, "volume": 123748766, "typical_volume": 85701996.0, "trend": 7.324188, "fair_value": 6.278094, "relative_strength": -3.239887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.269551, "energy": 54.198933, "activity_lines": [ 7.91, 7.820464, 7.663603, 7.512416 ] }, { "date": "2025-09-12", "close": 8.12, "volume": 110344065, "typical_volume": 86236990.45, "trend": 7.362438, "fair_value": 6.292549, "relative_strength": -2.153691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.767387, "energy": 72.494528, "activity_lines": [ 8.001333, 7.885602, 7.721318, 7.563759 ] }, { "date": "2025-09-19", "close": 7.88, "volume": 104894563, "typical_volume": 89051898.7, "trend": 7.398465, "fair_value": 6.305301, "relative_strength": -3.833331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.413135, "energy": 53.518974, "activity_lines": [ 7.981333, 7.896047, 7.751767, 7.59715 ] }, { "date": "2025-09-26", "close": 7.89, "volume": 90380673, "typical_volume": 89893713.25, "trend": 7.435469, "fair_value": 6.317233, "relative_strength": -3.890834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.596489, "energy": 44.233615, "activity_lines": [ 7.952, 7.905818, 7.778755, 7.628862 ] }, { "date": "2025-10-03", "close": 8.06, "volume": 44843667, "typical_volume": 88477025.9, "trend": 7.466903, "fair_value": 6.328322, "relative_strength": -3.190357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.98917, "energy": 44.735309, "activity_lines": [ 7.976, 7.944, 7.818802, 7.669155 ] }, { "date": "2025-10-10", "close": 8.46, "volume": 73604753, "typical_volume": 89000227.65, "trend": 7.511029, "fair_value": 6.342031, "relative_strength": 1.086935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.384518, "energy": 55.194653, "activity_lines": [ 8.139333, 8.050727, 7.89273, 7.733225 ] }, { "date": "2025-10-17", "close": 8.38, "volume": 142040787, "typical_volume": 92776054.15, "trend": 7.554414, "fair_value": 6.355613, "relative_strength": 1.476671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.473967, "energy": 55.739663, "activity_lines": [ 8.238667, 8.126364, 7.953147, 7.789288 ] }, { "date": "2025-10-24", "close": 8.52, "volume": 119106164, "typical_volume": 96138838.85, "trend": 7.602144, "fair_value": 6.37208, "relative_strength": 0.255792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.342801, "energy": 73.364264, "activity_lines": [ 8.367333, 8.214182, 8.021846, 7.851584 ] }, { "date": "2025-10-31", "close": 9.22, "volume": 196768944, "typical_volume": 101079130.75, "trend": 7.673209, "fair_value": 6.393366, "relative_strength": 8.269977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.271752, "energy": 90.852243, "activity_lines": [ 8.686667, 8.414182, 8.151449, 7.955962 ] }, { "date": "2025-11-07", "close": 9.02, "volume": 173783115, "typical_volume": 106469146.05, "trend": 7.753978, "fair_value": 6.414308, "relative_strength": 4.840865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.87674, "energy": 84.90982, "activity_lines": [ 8.850667, 8.552727, 8.253548, 8.042851 ] }, { "date": "2025-11-14", "close": 8.9, "volume": 96136378, "typical_volume": 107595747.35, "trend": 7.824327, "fair_value": 6.43669, "relative_strength": 3.630945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.568691, "energy": 78.604386, "activity_lines": [ 8.910667, 8.653636, 8.336074, 8.116788 ] }, { "date": "2025-11-21", "close": 8.43, "volume": 109714987, "typical_volume": 109750319.35, "trend": 7.865526, "fair_value": 6.455395, "relative_strength": 2.225193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.123098, "energy": 54.761771, "activity_lines": [ 8.784667, 8.650909, 8.367182, 8.155864 ] }, { "date": "2025-11-28", "close": 8.39, "volume": 69815233, "typical_volume": 108169356.2, "trend": 7.913418, "fair_value": 6.472023, "relative_strength": 0.490485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.735644, "energy": 41.074328, "activity_lines": [ 8.642, 8.635273, 8.390108, 8.189701 ] }, { "date": "2025-12-05", "close": 8.55, "volume": 73984136, "typical_volume": 108246313.85, "trend": 7.957333, "fair_value": 6.489124, "relative_strength": 2.113262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.15548, "energy": 26.649, "activity_lines": [ 8.561333, 8.639455, 8.42519, 8.230771 ] }, { "date": "2025-12-12", "close": 8.3, "volume": 81725934, "typical_volume": 106301585.2, "trend": 7.994842, "fair_value": 6.502856, "relative_strength": -0.465071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.71219, "energy": 24.617959, "activity_lines": [ 8.442, 8.586182, 8.432667, 8.252878 ] }, { "date": "2025-12-19", "close": 8.33, "volume": 74868927, "typical_volume": 105051638.8, "trend": 8.031745, "fair_value": 6.516836, "relative_strength": -0.102389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.475681, "energy": 22.1694, "activity_lines": [ 8.380667, 8.534, 8.440762, 8.274502 ] }, { "date": "2025-12-26", "close": 8.44, "volume": 60141065, "typical_volume": 104531796.2, "trend": 8.069104, "fair_value": 6.531962, "relative_strength": -0.597111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.39717, "energy": 18.698987, "activity_lines": [ 8.394, 8.504182, 8.455619, 8.300841 ] }, { "date": "2026-01-02", "close": 8.68, "volume": 74166489, "typical_volume": 104395422.4, "trend": 8.114785, "fair_value": 6.548517, "relative_strength": 2.11775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.99959, "energy": 19.21415, "activity_lines": [ 8.486667, 8.516909, 8.489571, 8.340253 ] }, { "date": "2026-01-09", "close": 8.88, "volume": 122558426, "typical_volume": 105814736.65, "trend": 8.162638, "fair_value": 6.568286, "relative_strength": 0.624453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.844703, "energy": 36.12778, "activity_lines": [ 8.626667, 8.563091, 8.537857, 8.389622 ] }, { "date": "2026-01-16", "close": 8.67, "volume": 122273699, "typical_volume": 103245038.55, "trend": 8.207985, "fair_value": 6.587371, "relative_strength": -1.23932, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.564975, "energy": 36.898656, "activity_lines": [ 8.674667, 8.577273, 8.56119, 8.422355 ] }, { "date": "2026-01-23", "close": 9.02, "volume": 127040885, "typical_volume": 103409644.5, "trend": 8.258579, "fair_value": 6.607981, "relative_strength": 1.900698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.816732, "energy": 62.188098, "activity_lines": [ 8.814667, 8.661455, 8.615381, 8.474743 ] }, { "date": "2026-01-30", "close": 9.03, "volume": 137753748, "typical_volume": 104780128.65, "trend": 8.309185, "fair_value": 6.62965, "relative_strength": 2.469976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.18007, "energy": 71.845401, "activity_lines": [ 8.912, 8.745273, 8.66519, 8.524512 ] }, { "date": "2026-02-06", "close": 8.82, "volume": 115467216, "typical_volume": 105308761.3, "trend": 8.345086, "fair_value": 6.648317, "relative_strength": 1.346344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.108394, "energy": 61.378815, "activity_lines": [ 8.9, 8.78, 8.690667, 8.557468 ] }, { "date": "2026-02-13", "close": 8.77, "volume": 74561141, "typical_volume": 104517784.7, "trend": 8.379, "fair_value": 6.666718, "relative_strength": 0.306135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.948283, "energy": 48.945743, "activity_lines": [ 8.862, 8.797818, 8.706905, 8.584882 ] }, { "date": "2026-02-27", "close": 8.91, "volume": 72202343, "typical_volume": 105885718.5, "trend": 8.415, "fair_value": 6.686347, "relative_strength": -0.185723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.049042, "energy": 38.854924, "activity_lines": [ 8.878, 8.837091, 8.732286, 8.61914 ] }, { "date": "2026-03-06", "close": 8.71, "volume": 112803076, "typical_volume": 107845634.65, "trend": 8.453667, "fair_value": 6.705468, "relative_strength": -1.573022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.794853, "energy": 23.102013, "activity_lines": [ 8.811333, 8.828909, 8.734571, 8.638172 ] }, { "date": "2026-03-13", "close": 8.89, "volume": 84677906, "typical_volume": 104977490.6, "trend": 8.495, "fair_value": 6.724583, "relative_strength": 1.111426, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.247733, "energy": 23.206783, "activity_lines": [ 8.825333, 8.846545, 8.75281, 8.666323 ] }, { "date": "2026-03-20", "close": 8.55, "volume": 81083069, "typical_volume": 103076335.85, "trend": 8.523667, "fair_value": 6.741077, "relative_strength": 0.578945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.078296, "energy": 11.647248, "activity_lines": [ 8.735333, 8.794182, 8.736238, 8.669871 ] }, { "date": "2026-03-27", "close": 8.29, "volume": 96730295, "typical_volume": 98074403.4, "trend": 8.538667, "fair_value": 6.756622, "relative_strength": -1.412771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.315035, "energy": 13.075004, "activity_lines": [ 8.576667, 8.696909, 8.694762, 8.654796 ] }, { "date": "2026-04-03", "close": 8.2, "volume": 66197668, "typical_volume": 92695131.05, "trend": 8.540333, "fair_value": 6.770597, "relative_strength": -1.63647, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.578513, "energy": 27.726793, "activity_lines": [ 8.42, 8.594, 8.649143, 8.632946 ] }, { "date": "2026-04-10", "close": 8.39, "volume": 50487832, "typical_volume": 90412703.75, "trend": 8.556667, "fair_value": 6.785458, "relative_strength": -2.02263, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.728931, "energy": 33.649117, "activity_lines": [ 8.374, 8.534182, 8.625524, 8.623247 ] }, { "date": "2026-04-17", "close": 8.58, "volume": 58524884, "typical_volume": 87853198.6, "trend": 8.572, "fair_value": 6.803855, "relative_strength": -1.487355, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.026477, "energy": 35.206376, "activity_lines": [ 8.412667, 8.520364, 8.622429, 8.624753 ] }, { "date": "2026-04-24", "close": 7.99, "volume": 116812665, "typical_volume": 90203070.2, "trend": 8.575667, "fair_value": 6.818029, "relative_strength": -8.809083, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.523455, "energy": 49.873732, "activity_lines": [ 8.275333, 8.407455, 8.562429, 8.587204 ] }, { "date": "2026-05-01", "close": 8.03, "volume": 65562956, "typical_volume": 89782011.2, "trend": 8.580333, "fair_value": 6.831687, "relative_strength": -8.883426, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.866902, "energy": 55.980571, "activity_lines": [ 8.188667, 8.316909, 8.508143, 8.552 ] }, { "date": "2026-05-08", "close": 8.32, "volume": 69305413, "typical_volume": 89160985.15, "trend": 8.589, "fair_value": 6.84759, "relative_strength": -7.015441, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.941098, "energy": 43.237332, "activity_lines": [ 8.216, 8.292545, 8.483952, 8.535204 ] }, { "date": "2026-05-15", "close": 7.81, "volume": 93707664, "typical_volume": 90102922.0, "trend": 8.567333, "fair_value": 6.860279, "relative_strength": -11.555666, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.524005, "energy": 65.873738, "activity_lines": [ 8.065333, 8.186182, 8.411095, 8.484946 ] }, { "date": "2026-05-22", "close": 7.39, "volume": 103483380, "typical_volume": 92270037.75, "trend": 8.534333, "fair_value": 6.868729, "relative_strength": -15.60059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.256302, "energy": 77.015524, "activity_lines": [ 7.813333, 8.019818, 8.300714, 8.408989 ] }, { "date": "2026-05-29", "close": 7.65, "volume": 82392048, "typical_volume": 92681315.7, "trend": 8.505333, "fair_value": 6.877798, "relative_strength": -11.457803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.913645, "energy": 70.556107, "activity_lines": [ 7.727333, 7.928, 8.220095, 8.351935 ] }, { "date": "2026-06-05", "close": 7.32, "volume": 16081335, "typical_volume": 87357461.15, "trend": 8.442, "fair_value": 6.886352, "relative_strength": -14.131354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.722743, "energy": 81.723763, "activity_lines": [ 7.554, 7.792545, 8.112952, 8.275462 ] }, { "date": "2026-06-12", "close": 7.176282, "volume": 25195434, "typical_volume": 82503547.9, "trend": 8.380543, "fair_value": 6.895641, "relative_strength": -15.605406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.062699, "energy": 84.107701, "activity_lines": [ 7.380094, 7.648597, 7.999551, 8.193803 ] }, { "date": "2026-06-19", "close": 7.099633, "volume": 52420896, "typical_volume": 78772548.45, "trend": 8.320531, "fair_value": 6.904328, "relative_strength": -17.357203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.273199, "energy": 82.912804, "activity_lines": [ 7.256886, 7.509325, 7.885962, 8.111164 ] }, { "date": "2026-06-26", "close": 6.955916, "volume": 13088798, "typical_volume": 72539300.95, "trend": 8.271394, "fair_value": 6.911046, "relative_strength": -17.420134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.888288, "energy": 89.031918, "activity_lines": [ 7.133131, 7.367384, 7.767831, 8.023124 ] }, { "date": "2026-07-03", "close": 7.032566, "volume": 10987594, "typical_volume": 67315319.85, "trend": 8.226147, "fair_value": 6.918861, "relative_strength": -16.501497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.415675, "energy": 85.146061, "activity_lines": [ 7.063864, 7.268908, 7.666876, 7.9432 ] }, { "date": "2026-07-10", "close": 7.013403, "volume": 68191060, "typical_volume": 66996815.8, "trend": 8.174927, "fair_value": 6.927769, "relative_strength": -15.420775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.955165, "energy": 79.259026, "activity_lines": [ 7.029372, 7.184356, 7.572608, 7.864958 ] }, { "date": "2026-07-17", "close": 7.3, "volume": 101889859, "typical_volume": 68481191.6, "trend": 8.141593, "fair_value": 6.938072, "relative_strength": -6.306948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.591065, "energy": 56.906928, "activity_lines": [ 7.110852, 7.170396, 7.513999, 7.808511 ] }, { "date": "2026-07-24", "close": 7.48, "volume": 99986535, "typical_volume": 67840364.55, "trend": 8.11326, "fair_value": 6.949418, "relative_strength": -5.051349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.598259, "energy": 43.59939, "activity_lines": [ 7.244084, 7.207709, 7.4802, 7.765828 ] }, { "date": "2026-07-31", "close": 7.91, "volume": 96938043, "typical_volume": 68453371.4, "trend": 8.095593, "fair_value": 6.9633, "relative_strength": 0.040562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.309664, "energy": 22.148472, "activity_lines": [ 7.495291, 7.329203, 7.49321, 7.752714 ] }, { "date": "2026-08-07", "close": 7.64, "volume": 91050804, "typical_volume": 68951758.15, "trend": 8.060927, "fair_value": 6.974516, "relative_strength": -5.85783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.529171, "energy": 28.095309, "activity_lines": [ 7.592894, 7.392152, 7.485173, 7.723321 ] } ], "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." } } }