{ "ticker": { "uuid": "741af573-f5da-458b-96cb-c34a810b1bf6", "symbol": "600906", "name": "Caida Securities Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 68.422, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -1.75, "architecture_energy": 15.643, "architecture_maturity": 25.63, "architecture_confidence": 65.089, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 65.87, "rotation_up": 15.43, "upward_expansion": 27.21, "deceleration": 75.51, "rotation_down": 51.85, "downward_expansion": 26.54 }, "activity_lines": [ 6.682605, 6.9266, 6.83825, 6.770563 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 6.59, "trend_reference": 6.736265, "distance_from_trend": -0.021713, "trend_direction": "Improving", "fair_value": 6.903005, "distance_from_fair_value": -0.045343, "fair_value_direction": "Improving", "relative_strength": -4.442578, "relative_strength_direction": "Improving", "price_momentum": -0.03655, "excess_performance": 0.006654, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.021713, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003715, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.045343, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.02333, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044426, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.099541, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.03655, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.131504, "read": "Demand-led" } ], "volume": { "latest": 140564528, "relative_activity": 0.734268, "balance": 1.131504, "dry_up": 1.151566, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.084923, "annualized_volatility": 0.238687, "from_high_reference": -0.183072, "from_low_reference": 0.102007 }, "levels": { "trend_reference": 6.736265, "fair_value_reference": 6.903005, "structural_low": 5.98, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.015612, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.007888, "regime_survival": 0.4, "best_return": 0.075933, "worst_return": -0.112732, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.037726, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.048255, "regime_survival": 0.166667, "best_return": 0.072755, "worst_return": -0.172414, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.052767, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.078121, "regime_survival": 0.0, "best_return": 0.164209, "worst_return": -0.214377, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.035362, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.185247, "regime_survival": 0.333333, "best_return": -0.033469, "worst_return": -0.065781, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.029549, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.012987, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": 0.010417, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-27", "tenure": "Developing", "return": 0.083333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.062958, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.027972, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.024792, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": -0.029827, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.029112, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-06-05", "tenure": "Established", "return": -0.017167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.040057, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.02231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.087026, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.663126, "volume": 177425141, "typical_volume": 70379542.65, "trend": 7.492194, "fair_value": 9.554045, "relative_strength": -0.403729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.71319, "energy": 12.791971, "activity_lines": [ 7.240598, 7.140379, 7.207857, 7.333054 ] }, { "date": "2023-08-04", "close": 9.583709, "volume": 1502849111, "typical_volume": 139721039.3, "trend": 7.569338, "fair_value": 9.554303, "relative_strength": 23.523421, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.761853, "energy": 53.126112, "activity_lines": [ 8.054925, 7.588398, 7.423877, 7.467991 ] }, { "date": "2023-08-11", "close": 8.553681, "volume": 793400785, "typical_volume": 175591219.85, "trend": 7.605745, "fair_value": 9.545676, "relative_strength": 13.338991, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.534335, "energy": 67.676471, "activity_lines": [ 8.347936, 7.806014, 7.532836, 7.531497 ] }, { "date": "2023-08-18", "close": 8.572989, "volume": 677651373, "typical_volume": 206355187.75, "trend": 7.629992, "fair_value": 9.537363, "relative_strength": 15.303814, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.652165, "energy": 69.0134, "activity_lines": [ 8.545759, 8.003616, 7.639667, 7.5939 ] }, { "date": "2023-08-25", "close": 8.273707, "volume": 418441099, "typical_volume": 223552115.05, "trend": 7.621856, "fair_value": 9.526654, "relative_strength": 13.441022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.945081, "energy": 78.647314, "activity_lines": [ 8.543472, 8.119434, 7.713389, 7.63543 ] }, { "date": "2023-09-01", "close": 7.887537, "volume": 503568843, "typical_volume": 244636512.5, "trend": 7.60885, "fair_value": 9.51288, "relative_strength": 5.624903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.822949, "energy": 43.264887, "activity_lines": [ 8.329503, 8.143812, 7.748202, 7.65257 ] }, { "date": "2023-09-08", "close": 7.916499, "volume": 267402263, "typical_volume": 251211757.95, "trend": 7.605132, "fair_value": 9.499577, "relative_strength": 6.437401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.024806, "energy": 27.277, "activity_lines": [ 8.110228, 8.154534, 7.784843, 7.672419 ] }, { "date": "2023-09-15", "close": 7.78134, "volume": 190948018, "typical_volume": 257606795.6, "trend": 7.607472, "fair_value": 9.485376, "relative_strength": 4.473876, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.789433, "energy": 20.840257, "activity_lines": [ 7.957047, 8.122456, 7.804569, 7.683787 ] }, { "date": "2023-09-22", "close": 7.906845, "volume": 147992161, "typical_volume": 263145666.65, "trend": 7.608554, "fair_value": 9.472438, "relative_strength": 5.492399, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.643429, "energy": 21.739265, "activity_lines": [ 7.897191, 8.099525, 7.83381, 7.703101 ] }, { "date": "2023-09-29", "close": 7.713759, "volume": 108136728, "typical_volume": 261438886.95, "trend": 7.601919, "fair_value": 9.458139, "relative_strength": 3.5574, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.288268, "energy": 19.457973, "activity_lines": [ 7.817382, 8.026231, 7.842359, 7.709889 ] }, { "date": "2023-10-13", "close": 7.395169, "volume": 126728363, "typical_volume": 264720010.25, "trend": 7.596508, "fair_value": 9.441503, "relative_strength": -0.093047, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.175205, "energy": 14.585123, "activity_lines": [ 7.668706, 7.882567, 7.819592, 7.69655 ] }, { "date": "2023-10-20", "close": 7.675143, "volume": 194570914, "typical_volume": 272232532.6, "trend": 7.595629, "fair_value": 9.427372, "relative_strength": 6.998862, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.448328, "energy": 13.119417, "activity_lines": [ 7.64618, 7.79468, 7.823029, 7.701623 ] }, { "date": "2023-10-27", "close": 7.665489, "volume": 291833708, "typical_volume": 284523654.05, "trend": 7.593787, "fair_value": 9.413388, "relative_strength": 5.353928, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.662776, "energy": 12.81017, "activity_lines": [ 7.636526, 7.739739, 7.823339, 7.70613 ] }, { "date": "2023-11-03", "close": 7.453094, "volume": 154467430, "typical_volume": 289654704.8, "trend": 7.588706, "fair_value": 9.397953, "relative_strength": 1.866019, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.513935, "energy": 14.970682, "activity_lines": [ 7.563797, 7.662329, 7.801489, 7.697054 ] }, { "date": "2023-11-10", "close": 7.723414, "volume": 289692158, "typical_volume": 301770880.6, "trend": 7.585274, "fair_value": 9.384871, "relative_strength": 5.101113, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.136218, "energy": 13.115976, "activity_lines": [ 7.611425, 7.65443, 7.80355, 7.705744 ] }, { "date": "2023-11-17", "close": 7.829611, "volume": 261543777, "typical_volume": 313466341.2, "trend": 7.589863, "fair_value": 9.372814, "relative_strength": 5.820293, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 22.950348, "energy": 12.991815, "activity_lines": [ 7.693808, 7.675845, 7.812784, 7.721508 ] }, { "date": "2023-11-24", "close": 7.559291, "volume": 161589998, "typical_volume": 319647817.8, "trend": 7.606248, "fair_value": 9.358864, "relative_strength": 2.515242, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 15.985667, "energy": 12.6512, "activity_lines": [ 7.657121, 7.649164, 7.791595, 7.719536 ] }, { "date": "2023-12-01", "close": 7.520674, "volume": 95280697, "typical_volume": 321915517.0, "trend": 7.614624, "fair_value": 9.344832, "relative_strength": 2.363228, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.499671, "energy": 5.914008, "activity_lines": [ 7.615286, 7.621956, 7.763655, 7.714015 ] }, { "date": "2023-12-08", "close": 7.288972, "volume": 98880664, "typical_volume": 325014806.15, "trend": 7.610154, "fair_value": 9.329258, "relative_strength": 1.480902, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.074056, "energy": 32.726737, "activity_lines": [ 7.505871, 7.55736, 7.711309, 7.693005 ] }, { "date": "2023-12-15", "close": 7.404823, "volume": 88724405, "typical_volume": 327556381.8, "trend": 7.606666, "fair_value": 9.314788, "relative_strength": 4.100134, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.651211, "energy": 43.442654, "activity_lines": [ 7.446015, 7.525063, 7.668943, 7.679758 ] }, { "date": "2023-12-22", "close": 7.057269, "volume": 113517109, "typical_volume": 324360980.2, "trend": 7.598634, "fair_value": 9.297941, "relative_strength": 0.416692, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.384825, "energy": 59.687098, "activity_lines": [ 7.291546, 7.43519, 7.591688, 7.644313 ] }, { "date": "2023-12-29", "close": 7.240701, "volume": 93666030, "typical_volume": 253901826.15, "trend": 7.599598, "fair_value": 9.282702, "relative_strength": 1.06812, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.059682, "energy": 56.73245, "activity_lines": [ 7.249711, 7.384812, 7.534788, 7.62122 ] }, { "date": "2024-01-05", "close": 7.066924, "volume": 51898054, "typical_volume": 216826689.6, "trend": 7.593169, "fair_value": 9.26641, "relative_strength": 0.329248, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.32377, "energy": 68.941907, "activity_lines": [ 7.17119, 7.310738, 7.472495, 7.586854 ] }, { "date": "2024-01-12", "close": 6.931764, "volume": 63762162, "typical_volume": 186132229.05, "trend": 7.588636, "fair_value": 9.249368, "relative_strength": -0.019441, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.889938, "energy": 74.999613, "activity_lines": [ 7.077865, 7.222972, 7.404409, 7.544183 ] }, { "date": "2024-01-19", "close": 7.211738, "volume": 128157674, "typical_volume": 171618057.8, "trend": 7.592155, "fair_value": 9.234603, "relative_strength": 5.689145, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.747198, "energy": 52.630847, "activity_lines": [ 7.101679, 7.195589, 7.370803, 7.519867 ] }, { "date": "2024-01-26", "close": 7.597908, "volume": 374485340, "typical_volume": 165163882.65, "trend": 7.61719, "fair_value": 9.222828, "relative_strength": 8.23203, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.70539, "energy": 27.026676, "activity_lines": [ 7.267089, 7.247722, 7.379032, 7.520238 ] }, { "date": "2024-02-02", "close": 6.71937, "volume": 223218128, "typical_volume": 162954675.9, "trend": 7.610699, "fair_value": 9.204946, "relative_strength": 2.150799, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.714828, "energy": 41.168471, "activity_lines": [ 7.10361, 7.144333, 7.30497, 7.462314 ] }, { "date": "2024-02-09", "close": 7.037961, "volume": 183212142, "typical_volume": 162567882.1, "trend": 7.610986, "fair_value": 9.189578, "relative_strength": 1.99185, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.981121, "energy": 30.40255, "activity_lines": [ 7.081083, 7.114142, 7.266951, 7.425363 ] }, { "date": "2024-02-23", "close": 7.192429, "volume": 191792132, "typical_volume": 164757880.65, "trend": 7.615142, "fair_value": 9.175513, "relative_strength": -0.535966, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.046224, "energy": 26.894111, "activity_lines": [ 7.111977, 7.120812, 7.247183, 7.39836 ] }, { "date": "2024-03-01", "close": 7.462749, "volume": 369896036, "typical_volume": 177845846.05, "trend": 7.629589, "fair_value": 9.163536, "relative_strength": 2.38727, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.430948, "energy": 19.765828, "activity_lines": [ 7.215599, 7.178387, 7.256561, 7.388528 ] }, { "date": "2024-03-08", "close": 7.288972, "volume": 164946072, "typical_volume": 179756731.5, "trend": 7.617118, "fair_value": 9.150518, "relative_strength": -0.607001, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.552107, "energy": 13.831301, "activity_lines": [ 7.244562, 7.203312, 7.250585, 7.366553 ] }, { "date": "2024-03-15", "close": 7.279318, "volume": 133581053, "typical_volume": 176707238.45, "trend": 7.540305, "fair_value": 9.137613, "relative_strength": -1.023139, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.157177, "energy": 14.992749, "activity_lines": [ 7.290903, 7.22227, 7.244195, 7.344759 ] }, { "date": "2024-03-22", "close": 7.115195, "volume": 139545021, "typical_volume": 169092804.1, "trend": 7.492355, "fair_value": 9.123761, "relative_strength": -3.041011, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.323586, "energy": 15.144099, "activity_lines": [ 7.245206, 7.210685, 7.224058, 7.317333 ] }, { "date": "2024-03-29", "close": 6.825567, "volume": 84366531, "typical_volume": 165587759.15, "trend": 7.434108, "fair_value": 9.108127, "relative_strength": -6.684654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.121516, "energy": 27.144895, "activity_lines": [ 7.097817, 7.145562, 7.178959, 7.274314 ] }, { "date": "2024-04-05", "close": 6.844876, "volume": 42226476, "typical_volume": 153214475.05, "trend": 7.38648, "fair_value": 9.092835, "relative_strength": -7.178755, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.48605, "energy": 39.922403, "activity_lines": [ 6.981323, 7.085881, 7.138687, 7.236299 ] }, { "date": "2024-04-12", "close": 6.458705, "volume": 67541180, "typical_volume": 143514345.2, "trend": 7.338852, "fair_value": 9.075156, "relative_strength": -10.838461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.533732, "energy": 61.569054, "activity_lines": [ 6.777296, 6.962658, 7.06582, 7.176443 ] }, { "date": "2024-04-19", "close": 6.555248, "volume": 112485091, "typical_volume": 141059099.85, "trend": 7.293477, "fair_value": 9.058357, "relative_strength": -10.70472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.778784, "energy": 63.908694, "activity_lines": [ 6.660801, 6.8777, 7.008676, 7.125888 ] }, { "date": "2024-04-26", "close": 6.806259, "volume": 114574852, "typical_volume": 142023807.6, "trend": 7.260975, "fair_value": 9.043442, "relative_strength": -7.912738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.854697, "energy": 56.776422, "activity_lines": [ 6.676248, 6.841365, 6.980219, 7.094454 ] }, { "date": "2024-05-03", "close": 6.71937, "volume": 84705984, "typical_volume": 141315073.6, "trend": 7.221392, "fair_value": 9.028152, "relative_strength": -9.579245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.515045, "energy": 51.539365, "activity_lines": [ 6.683328, 6.793445, 6.946889, 7.059512 ] }, { "date": "2024-05-10", "close": 6.92211, "volume": 148013647, "typical_volume": 144279535.7, "trend": 7.195004, "fair_value": 9.014387, "relative_strength": -8.324331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.854157, "energy": 31.93739, "activity_lines": [ 6.765067, 6.790987, 6.93558, 7.040203 ] }, { "date": "2024-05-17", "close": 6.700062, "volume": 151307167, "typical_volume": 146169038.6, "trend": 7.171834, "fair_value": 8.999359, "relative_strength": -11.177765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.715123, "energy": 27.048957, "activity_lines": [ 6.767642, 6.757987, 6.905422, 7.008272 ] }, { "date": "2024-05-24", "close": 6.458705, "volume": 72415897, "typical_volume": 145106531.95, "trend": 7.131286, "fair_value": 8.982968, "relative_strength": -12.427795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.643412, "energy": 40.919696, "activity_lines": [ 6.673673, 6.691812, 6.853978, 6.962263 ] }, { "date": "2024-05-31", "close": 6.478013, "volume": 63008242, "typical_volume": 145662041.35, "trend": 7.091703, "fair_value": 8.966911, "relative_strength": -12.019532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.581041, "energy": 55.562784, "activity_lines": [ 6.592577, 6.644067, 6.808098, 6.920117 ] }, { "date": "2024-06-07", "close": 5.908412, "volume": 105074490, "typical_volume": 147727657.75, "trend": 7.040214, "fair_value": 8.972074, "relative_strength": -18.618577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.947644, "energy": 80.913313, "activity_lines": [ 6.343497, 6.504343, 6.710773, 6.843775 ] }, { "date": "2024-06-14", "close": 6.024263, "volume": 60670311, "typical_volume": 144353289.6, "trend": 6.983575, "fair_value": 8.957967, "relative_strength": -16.336138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.099502, "energy": 83.722637, "activity_lines": [ 6.187098, 6.402359, 6.629356, 6.77823 ] }, { "date": "2024-06-21", "close": 5.879449, "volume": 53028854, "typical_volume": 128280465.3, "trend": 6.91857, "fair_value": 8.910704, "relative_strength": -17.25626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.386293, "energy": 87.755119, "activity_lines": [ 6.042284, 6.288965, 6.539801, 6.706996 ] }, { "date": "2024-06-28", "close": 5.531895, "volume": 84016205, "typical_volume": 121320369.15, "trend": 6.85099, "fair_value": 8.850572, "relative_strength": -21.14492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.763269, "energy": 94.170398, "activity_lines": [ 5.836326, 6.122912, 6.425329, 6.617533 ] }, { "date": "2024-07-05", "close": 5.502933, "volume": 66196158, "typical_volume": 115469569.95, "trend": 6.783732, "fair_value": 8.790919, "relative_strength": -20.915912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.852821, "energy": 91.092843, "activity_lines": [ 5.682502, 5.970199, 6.313753, 6.530562 ] }, { "date": "2024-07-12", "close": 5.541549, "volume": 72523697, "typical_volume": 109506148.2, "trend": 6.725485, "fair_value": 8.729639, "relative_strength": -20.743384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.560619, "energy": 87.458129, "activity_lines": [ 5.606555, 5.848204, 6.213165, 6.450421 ] }, { "date": "2024-07-19", "close": 5.541549, "volume": 60682907, "typical_volume": 94045491.75, "trend": 6.663375, "fair_value": 8.666365, "relative_strength": -20.815516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.889324, "energy": 83.328798, "activity_lines": [ 5.555065, 5.747624, 6.120438, 6.374038 ] }, { "date": "2024-07-26", "close": 5.64086, "volume": 71646535, "typical_volume": 89380514.9, "trend": 6.616162, "fair_value": 8.588792, "relative_strength": -16.689505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.746556, "energy": 65.037255, "activity_lines": [ 5.56886, 5.690202, 6.046318, 6.308069 ] }, { "date": "2024-08-02", "close": 5.886543, "volume": 137224016, "typical_volume": 89562663.05, "trend": 6.571023, "fair_value": 8.534742, "relative_strength": -13.355869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.077029, "energy": 52.719987, "activity_lines": [ 5.680456, 5.696707, 6.003444, 6.260997 ] }, { "date": "2024-08-09", "close": 5.817752, "volume": 72372685, "typical_volume": 86204046.25, "trend": 6.529384, "fair_value": 8.475959, "relative_strength": -12.857899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.539658, "energy": 41.185385, "activity_lines": [ 5.745477, 5.701108, 5.960651, 6.212399 ] }, { "date": "2024-08-16", "close": 5.739134, "volume": 60642046, "typical_volume": 85017822.0, "trend": 6.48963, "fair_value": 8.420359, "relative_strength": -13.895875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.254801, "energy": 33.870951, "activity_lines": [ 5.763305, 5.70322, 5.916549, 6.161415 ] }, { "date": "2024-08-23", "close": 5.473797, "volume": 45864734, "typical_volume": 85199734.9, "trend": 6.431698, "fair_value": 8.357376, "relative_strength": -16.626242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.795972, "energy": 39.309943, "activity_lines": [ 5.679515, 5.660166, 5.85235, 6.095878 ] }, { "date": "2024-08-30", "close": 5.631033, "volume": 49810046, "typical_volume": 84313178.2, "trend": 6.366136, "fair_value": 8.306223, "relative_strength": -13.316606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.112232, "energy": 40.189076, "activity_lines": [ 5.652653, 5.655709, 5.809655, 6.044222 ] }, { "date": "2024-09-06", "close": 5.522933, "volume": 63574840, "typical_volume": 81867665.65, "trend": 6.326255, "fair_value": 8.258912, "relative_strength": -12.111833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.178737, "energy": 49.313227, "activity_lines": [ 5.590414, 5.636114, 5.760606, 5.989822 ] }, { "date": "2024-09-13", "close": 5.64086, "volume": 134939409, "typical_volume": 82885893.5, "trend": 6.279685, "fair_value": 8.212725, "relative_strength": -7.850064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.213556, "energy": 44.638283, "activity_lines": [ 5.591724, 5.638124, 5.727704, 5.945602 ] }, { "date": "2024-09-20", "close": 5.709651, "volume": 62721049, "typical_volume": 81786646.75, "trend": 6.230259, "fair_value": 8.160836, "relative_strength": -7.484923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.116431, "energy": 36.099719, "activity_lines": [ 5.627757, 5.650133, 5.706903, 5.908826 ] }, { "date": "2024-09-27", "close": 7.173917, "volume": 358670252, "typical_volume": 92319477.0, "trend": 6.220631, "fair_value": 8.123016, "relative_strength": 3.188709, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 20.741472, "energy": 27.410034, "activity_lines": [ 6.153845, 5.925316, 5.830364, 5.969707 ] }, { "date": "2024-10-04", "close": 7.891308, "volume": 187413040, "typical_volume": 94124770.65, "trend": 6.240709, "fair_value": 8.090282, "relative_strength": 5.180547, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.039048, "energy": 74.134771, "activity_lines": [ 6.805721, 6.301254, 6.020949, 6.077493 ] }, { "date": "2024-10-11", "close": 7.055989, "volume": 564973562, "typical_volume": 118752653.9, "trend": 6.233265, "fair_value": 8.0497, "relative_strength": -2.242072, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.937617, "energy": 64.981934, "activity_lines": [ 7.028473, 6.484399, 6.126307, 6.130092 ] }, { "date": "2024-10-18", "close": 7.193572, "volume": 300348682, "typical_volume": 130619675.9, "trend": 6.235877, "fair_value": 8.012493, "relative_strength": -1.515358, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.459316, "energy": 71.922939, "activity_lines": [ 7.194882, 6.671296, 6.241925, 6.192047 ] }, { "date": "2024-10-25", "close": 7.301672, "volume": 275940659, "typical_volume": 139162984.35, "trend": 6.251747, "fair_value": 7.979263, "relative_strength": -0.884291, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.817581, "energy": 81.511714, "activity_lines": [ 7.29381, 6.852833, 6.36443, 6.260808 ] }, { "date": "2024-11-01", "close": 7.12478, "volume": 284528439, "typical_volume": 150355890.75, "trend": 6.261077, "fair_value": 7.948548, "relative_strength": -2.161549, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.147174, "energy": 54.730203, "activity_lines": [ 7.227639, 6.973798, 6.463453, 6.317133 ] }, { "date": "2024-11-08", "close": 7.783209, "volume": 520389990, "typical_volume": 173723947.55, "trend": 6.305228, "fair_value": 7.921263, "relative_strength": 1.478096, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.534112, "energy": 57.708476, "activity_lines": [ 7.384221, 7.184459, 6.619944, 6.415335 ] }, { "date": "2024-11-15", "close": 7.360635, "volume": 387269109, "typical_volume": 188886592.75, "trend": 6.332074, "fair_value": 7.893459, "relative_strength": -0.242334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.69881, "energy": 48.052728, "activity_lines": [ 7.407151, 7.279158, 6.727123, 6.483425 ] }, { "date": "2024-11-22", "close": 7.105126, "volume": 211367200, "typical_volume": 196145144.85, "trend": 6.342036, "fair_value": 7.864443, "relative_strength": -1.500267, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.043252, "energy": 41.585979, "activity_lines": [ 7.324602, 7.293988, 6.801261, 6.5333 ] }, { "date": "2024-11-29", "close": 7.429426, "volume": 177477578, "typical_volume": 201392838.9, "trend": 6.365705, "fair_value": 7.842431, "relative_strength": 1.383468, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.329141, "energy": 41.974867, "activity_lines": [ 7.356049, 7.341159, 6.898654, 6.603454 ] }, { "date": "2024-12-06", "close": 7.694763, "volume": 223984221, "typical_volume": 209557904.6, "trend": 6.39146, "fair_value": 7.82279, "relative_strength": 2.807688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.803418, "energy": 40.880498, "activity_lines": [ 7.467425, 7.405305, 7.012328, 6.6892 ] }, { "date": "2024-12-13", "close": 7.576836, "volume": 231254420, "typical_volume": 217538298.85, "trend": 6.420685, "fair_value": 7.799413, "relative_strength": 1.792684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.350545, "energy": 38.134311, "activity_lines": [ 7.501493, 7.438539, 7.104518, 6.765676 ] }, { "date": "2024-12-20", "close": 7.419599, "volume": 108214285, "typical_volume": 216087812.3, "trend": 6.452715, "fair_value": 7.776304, "relative_strength": 0.661464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.061454, "energy": 36.434918, "activity_lines": [ 7.496907, 7.448902, 7.172513, 6.830122 ] }, { "date": "2024-12-27", "close": 7.370462, "volume": 107943251, "typical_volume": 217866340.6, "trend": 6.482464, "fair_value": 7.750388, "relative_strength": -0.72726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.676196, "energy": 35.926762, "activity_lines": [ 7.472011, 7.44372, 7.228528, 6.889331 ] }, { "date": "2025-01-03", "close": 6.515489, "volume": 124543903, "typical_volume": 221061433.45, "trend": 6.502699, "fair_value": 7.717044, "relative_strength": -6.753404, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.935062, "energy": 13.185712, "activity_lines": [ 7.144435, 7.279873, 7.195724, 6.891462 ] }, { "date": "2025-01-10", "close": 6.318943, "volume": 88135737, "typical_volume": 223174983.6, "trend": 6.512522, "fair_value": 7.676663, "relative_strength": -8.001545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.587161, "energy": 18.994607, "activity_lines": [ 6.812273, 7.094584, 7.140504, 6.879606 ] }, { "date": "2025-01-17", "close": 6.554798, "volume": 90336819, "typical_volume": 225201322.25, "trend": 6.535034, "fair_value": 7.639619, "relative_strength": -6.407186, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.389456, "energy": 24.177912, "activity_lines": [ 6.65045, 6.966829, 7.103722, 6.882334 ] }, { "date": "2025-01-24", "close": 6.643244, "volume": 78949496, "typical_volume": 225970055.05, "trend": 6.572079, "fair_value": 7.60679, "relative_strength": -5.033485, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.25656, "energy": 27.68016, "activity_lines": [ 6.586245, 6.87749, 7.070964, 6.889315 ] }, { "date": "2025-01-31", "close": 6.505661, "volume": 16740708, "typical_volume": 220060120.0, "trend": 6.605503, "fair_value": 7.570891, "relative_strength": -6.432478, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.385348, "energy": 47.139984, "activity_lines": [ 6.527937, 6.77618, 7.019769, 6.88503 ] }, { "date": "2025-02-07", "close": 6.810308, "volume": 59715208, "typical_volume": 219909827.95, "trend": 6.647795, "fair_value": 7.539619, "relative_strength": -3.276618, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.402635, "energy": 33.909606, "activity_lines": [ 6.62883, 6.741159, 6.993469, 6.898243 ] }, { "date": "2025-02-14", "close": 6.829962, "volume": 97547938, "typical_volume": 206853712.25, "trend": 6.690742, "fair_value": 7.512488, "relative_strength": -3.885582, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 2.888296, "energy": 11.892918, "activity_lines": [ 6.716621, 6.720968, 6.9638, 6.909996 ] }, { "date": "2025-02-21", "close": 6.898753, "volume": 114107646, "typical_volume": 203188442.55, "trend": 6.732672, "fair_value": 7.482636, "relative_strength": -3.540546, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.292796, "energy": 6.047091, "activity_lines": [ 6.793274, 6.729009, 6.942321, 6.923416 ] }, { "date": "2025-02-28", "close": 6.603934, "volume": 122486550, "typical_volume": 181064091.95, "trend": 6.756585, "fair_value": 7.450042, "relative_strength": -5.635269, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.224213, "energy": 11.974442, "activity_lines": [ 6.748723, 6.695775, 6.897489, 6.915111 ] }, { "date": "2025-03-07", "close": 6.603934, "volume": 93629539, "typical_volume": 170728134.8, "trend": 6.782791, "fair_value": 7.418238, "relative_strength": -6.710261, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.729165, "energy": 14.871739, "activity_lines": [ 6.706793, 6.677371, 6.854811, 6.905262 ] }, { "date": "2025-03-14", "close": 6.80048, "volume": 104862306, "typical_volume": 162174217.15, "trend": 6.818169, "fair_value": 7.390432, "relative_strength": -4.911059, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.523916, "energy": 12.253731, "activity_lines": [ 6.723827, 6.70864, 6.833659, 6.906403 ] }, { "date": "2025-03-21", "close": 6.712034, "volume": 159784400, "typical_volume": 155937015.2, "trend": 6.859444, "fair_value": 7.365464, "relative_strength": -4.322445, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.279078, "energy": 18.055067, "activity_lines": [ 6.712034, 6.718645, 6.80647, 6.899556 ] }, { "date": "2025-03-28", "close": 6.682553, "volume": 95376819, "typical_volume": 134686356.65, "trend": 6.894494, "fair_value": 7.343774, "relative_strength": -4.136884, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.65069, "energy": 26.634313, "activity_lines": [ 6.698276, 6.716144, 6.778439, 6.888144 ] }, { "date": "2025-04-04", "close": 6.672725, "volume": 70452175, "typical_volume": 118845509.95, "trend": 6.932821, "fair_value": 7.31831, "relative_strength": -3.803874, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.3544, "energy": 26.564683, "activity_lines": [ 6.695656, 6.709533, 6.754713, 6.873836 ] }, { "date": "2025-04-11", "close": 6.250153, "volume": 147414747, "typical_volume": 115647887.3, "trend": 6.953131, "fair_value": 7.287219, "relative_strength": -6.827746, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.296247, "energy": 53.815809, "activity_lines": [ 6.547591, 6.625554, 6.694018, 6.829793 ] }, { "date": "2025-04-18", "close": 6.269807, "volume": 64323074, "typical_volume": 109990162.1, "trend": 6.971802, "fair_value": 7.259417, "relative_strength": -7.439572, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.770661, "energy": 67.343894, "activity_lines": [ 6.429664, 6.549795, 6.639266, 6.785707 ] }, { "date": "2025-04-25", "close": 6.328771, "volume": 62563562, "typical_volume": 101919129.15, "trend": 6.943631, "fair_value": 7.233391, "relative_strength": -6.843624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.301456, "energy": 69.858313, "activity_lines": [ 6.36677, 6.494584, 6.595651, 6.744222 ] }, { "date": "2025-05-02", "close": 6.289462, "volume": 41339412, "typical_volume": 92423378.75, "trend": 6.890236, "fair_value": 7.207843, "relative_strength": -6.755658, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.324672, "energy": 71.284579, "activity_lines": [ 6.316323, 6.441338, 6.554798, 6.702017 ] }, { "date": "2025-05-09", "close": 6.328771, "volume": 63581850, "typical_volume": 90191757.0, "trend": 6.865995, "fair_value": 7.188872, "relative_strength": -7.681267, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.477056, "energy": 61.624056, "activity_lines": [ 6.305186, 6.406317, 6.523819, 6.665794 ] }, { "date": "2025-05-16", "close": 6.387734, "volume": 106098239, "typical_volume": 90099506.4, "trend": 6.839134, "fair_value": 7.181773, "relative_strength": -7.328174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.81106, "energy": 40.279093, "activity_lines": [ 6.336633, 6.38702, 6.503649, 6.634938 ] }, { "date": "2025-05-23", "close": 6.269807, "volume": 66471541, "typical_volume": 87195888.3, "trend": 6.804739, "fair_value": 7.176534, "relative_strength": -8.332295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.763424, "energy": 39.180781, "activity_lines": [ 6.319599, 6.350212, 6.476929, 6.598207 ] }, { "date": "2025-05-30", "close": 6.309116, "volume": 53874403, "typical_volume": 85482821.6, "trend": 6.77755, "fair_value": 7.173006, "relative_strength": -7.547035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.333018, "energy": 35.239493, "activity_lines": [ 6.315668, 6.3302, 6.455121, 6.566232 ] }, { "date": "2025-06-06", "close": 6.525316, "volume": 84414518, "typical_volume": 85186706.55, "trend": 6.73562, "fair_value": 7.169222, "relative_strength": -5.440646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.809905, "energy": 23.232671, "activity_lines": [ 6.385114, 6.356823, 6.453951, 6.549958 ] }, { "date": "2025-06-13", "close": 6.456525, "volume": 101104168, "typical_volume": 86294440.15, "trend": 6.705483, "fair_value": 7.160557, "relative_strength": -6.139808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.147373, "energy": 19.607404, "activity_lines": [ 6.415906, 6.373797, 6.44637, 6.531952 ] }, { "date": "2025-06-20", "close": 6.279634, "volume": 74857138, "typical_volume": 89200261.65, "trend": 6.677967, "fair_value": 7.15161, "relative_strength": -8.166887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.982678, "energy": 21.556169, "activity_lines": [ 6.379217, 6.362541, 6.422832, 6.504478 ] }, { "date": "2025-06-27", "close": 6.770998, "volume": 183058809, "typical_volume": 95367441.7, "trend": 6.656019, "fair_value": 7.145691, "relative_strength": -2.945272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.646154, "energy": 11.07369, "activity_lines": [ 6.513523, 6.440087, 6.447166, 6.51048 ] }, { "date": "2025-07-04", "close": 6.712034, "volume": 122261248, "typical_volume": 96603107.2, "trend": 6.623261, "fair_value": 7.135745, "relative_strength": -5.183441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.013973, "energy": 11.829426, "activity_lines": [ 6.594762, 6.4978, 6.466072, 6.514094 ] }, { "date": "2025-07-11", "close": 7.134608, "volume": 309759202, "typical_volume": 106385685.0, "trend": 6.608521, "fair_value": 7.125041, "relative_strength": -0.458305, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.05297, "energy": 49.017978, "activity_lines": [ 6.789998, 6.625376, 6.525784, 6.547084 ] }, { "date": "2025-07-18", "close": 7.026508, "volume": 140900606, "typical_volume": 107306387.8, "trend": 6.595417, "fair_value": 7.114618, "relative_strength": -2.759582, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.062285, "energy": 61.185009, "activity_lines": [ 6.90858, 6.717931, 6.574078, 6.574051 ] }, { "date": "2025-07-25", "close": 7.223053, "volume": 179076288, "typical_volume": 111578725.25, "trend": 6.590504, "fair_value": 7.107339, "relative_strength": -1.739753, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.040225, "energy": 78.451069, "activity_lines": [ 7.054679, 6.833535, 6.639079, 6.614544 ] }, { "date": "2025-08-01", "close": 6.997025, "volume": 139602891, "typical_volume": 113315754.5, "trend": 6.606555, "fair_value": 7.100984, "relative_strength": -3.858621, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.999006, "energy": 72.47372, "activity_lines": [ 7.062541, 6.892856, 6.679604, 6.640771 ] }, { "date": "2025-08-08", "close": 7.439254, "volume": 469964165, "typical_volume": 128824742.75, "trend": 6.643899, "fair_value": 7.100018, "relative_strength": 0.090781, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.689296, "energy": 73.327851, "activity_lines": [ 7.202744, 7.01936, 6.761311, 6.694493 ] }, { "date": "2025-08-15", "close": 7.678402, "volume": 461408469, "typical_volume": 147126325.25, "trend": 6.681352, "fair_value": 7.100037, "relative_strength": 1.505619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.309456, "energy": 79.703802, "activity_lines": [ 7.374181, 7.168798, 6.862331, 6.761236 ] }, { "date": "2025-08-22", "close": 7.917418, "volume": 413830569, "typical_volume": 164295244.95, "trend": 6.723825, "fair_value": 7.102197, "relative_strength": 0.992371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.532879, "energy": 83.049138, "activity_lines": [ 7.589038, 7.340728, 6.981372, 6.840982 ] }, { "date": "2025-08-29", "close": 7.688361, "volume": 321488358, "typical_volume": 172998925.5, "trend": 6.763248, "fair_value": 7.10301, "relative_strength": -2.757784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.295634, "energy": 77.456185, "activity_lines": [ 7.668148, 7.444449, 7.072672, 6.90321 ] }, { "date": "2025-09-05", "close": 7.419467, "volume": 188009527, "typical_volume": 179183248.15, "trend": 6.783553, "fair_value": 7.100771, "relative_strength": -4.995682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.544188, "energy": 65.535767, "activity_lines": [ 7.626606, 7.473667, 7.131513, 6.945547 ] }, { "date": "2025-09-12", "close": 7.429426, "volume": 132999693, "typical_volume": 182705054.7, "trend": 6.803535, "fair_value": 7.099088, "relative_strength": -6.148967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.229795, "energy": 49.361493, "activity_lines": [ 7.560221, 7.492906, 7.185829, 6.987216 ] }, { "date": "2025-09-19", "close": 7.170492, "volume": 156571553, "typical_volume": 188466661.75, "trend": 6.812593, "fair_value": 7.095684, "relative_strength": -8.041388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.16576, "energy": 30.209771, "activity_lines": [ 7.40818, 7.452023, 7.210243, 7.01089 ] }, { "date": "2025-09-26", "close": 7.070901, "volume": 110681245, "typical_volume": 190821631.5, "trend": 6.828159, "fair_value": 7.092749, "relative_strength": -9.100509, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.990869, "energy": 24.400537, "activity_lines": [ 7.256803, 7.392379, 7.220976, 7.027555 ] }, { "date": "2025-10-03", "close": 7.200369, "volume": 78797885, "typical_volume": 189456613.8, "trend": 6.84804, "fair_value": 7.090275, "relative_strength": -8.296251, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.139919, "energy": 23.528472, "activity_lines": [ 7.205016, 7.355468, 7.240506, 7.051569 ] }, { "date": "2025-10-10", "close": 7.319877, "volume": 61491907, "typical_volume": 189207632.1, "trend": 6.865353, "fair_value": 7.089552, "relative_strength": -6.836462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.03002, "energy": 22.226354, "activity_lines": [ 7.225598, 7.340698, 7.267548, 7.08201 ] }, { "date": "2025-10-17", "close": 7.100779, "volume": 122178092, "typical_volume": 192622816.55, "trend": 6.878312, "fair_value": 7.089949, "relative_strength": -7.96424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.813049, "energy": 18.543276, "activity_lines": [ 7.179787, 7.280222, 7.268724, 7.097199 ] }, { "date": "2025-10-24", "close": 7.32, "volume": 93220645, "typical_volume": 193063122.9, "trend": 6.89956, "fair_value": 7.094705, "relative_strength": -7.459477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.479271, "energy": 12.163903, "activity_lines": [ 7.228959, 7.265759, 7.287007, 7.125695 ] }, { "date": "2025-10-31", "close": 7.29, "volume": 137933742, "typical_volume": 194904601.6, "trend": 6.920136, "fair_value": 7.097977, "relative_strength": -7.646714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.921389, "energy": 16.647203, "activity_lines": [ 7.258164, 7.252357, 7.298649, 7.150885 ] }, { "date": "2025-11-07", "close": 7.23, "volume": 85545434, "typical_volume": 195439016.4, "trend": 6.952797, "fair_value": 7.099509, "relative_strength": -8.99572, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.513986, "energy": 15.249743, "activity_lines": [ 7.252762, 7.239454, 7.300608, 7.170876 ] }, { "date": "2025-11-14", "close": 7.21, "volume": 80089745, "typical_volume": 190290563.2, "trend": 6.984137, "fair_value": 7.102145, "relative_strength": -8.730788, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.50829, "energy": 16.999929, "activity_lines": [ 7.238719, 7.231248, 7.296137, 7.187469 ] }, { "date": "2025-11-21", "close": 6.76, "volume": 107139900, "typical_volume": 189534495.8, "trend": 6.998511, "fair_value": 7.099433, "relative_strength": -10.597331, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.524901, "energy": 22.331195, "activity_lines": [ 7.082, 7.145033, 7.246718, 7.173009 ] }, { "date": "2025-11-28", "close": 6.86, "volume": 62900043, "typical_volume": 177191537.85, "trend": 7.017529, "fair_value": 7.096686, "relative_strength": -10.116377, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.335947, "energy": 45.620784, "activity_lines": [ 6.981333, 7.089171, 7.206595, 7.164073 ] }, { "date": "2025-12-05", "close": 6.87, "volume": 84163409, "typical_volume": 174354678.0, "trend": 7.03557, "fair_value": 7.090063, "relative_strength": -9.871429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.256113, "energy": 53.477682, "activity_lines": [ 6.914667, 7.040772, 7.168731, 7.154555 ] }, { "date": "2025-12-12", "close": 6.87, "volume": 93228286, "typical_volume": 170062277.9, "trend": 7.051646, "fair_value": 7.080423, "relative_strength": -9.141268, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.079895, "energy": 59.186655, "activity_lines": [ 6.876, 6.996026, 7.131613, 7.143873 ] }, { "date": "2025-12-19", "close": 6.85, "volume": 79094435, "typical_volume": 167036855.1, "trend": 7.070985, "fair_value": 7.071948, "relative_strength": -9.03353, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.72298, "energy": 57.274882, "activity_lines": [ 6.854667, 6.953651, 7.094271, 7.130863 ] }, { "date": "2025-12-26", "close": 6.89, "volume": 74813748, "typical_volume": 147279334.25, "trend": 7.090348, "fair_value": 7.059729, "relative_strength": -9.808012, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.481982, "energy": 44.766821, "activity_lines": [ 6.870667, 6.927091, 7.061439, 7.119187 ] }, { "date": "2026-01-02", "close": 6.67, "volume": 65290976, "typical_volume": 127473459.6, "trend": 7.095171, "fair_value": 7.049915, "relative_strength": -12.497355, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.704145, "energy": 63.606494, "activity_lines": [ 6.804667, 6.864364, 7.01027, 7.092068 ] }, { "date": "2026-01-09", "close": 6.99, "volume": 253691285, "typical_volume": 119466495.4, "trend": 7.112954, "fair_value": 7.044061, "relative_strength": -11.408673, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.541168, "energy": 38.31354, "activity_lines": [ 6.858, 6.871636, 6.994379, 7.085283 ] }, { "date": "2026-01-16", "close": 6.81, "volume": 198782722, "typical_volume": 113331213.6, "trend": 7.130632, "fair_value": 7.041117, "relative_strength": -12.984338, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.853567, "energy": 37.589832, "activity_lines": [ 6.843333, 6.851636, 6.965762, 7.065737 ] }, { "date": "2026-01-23", "close": 6.92, "volume": 102388590, "typical_volume": 109050166.75, "trend": 7.135599, "fair_value": 7.037646, "relative_strength": -11.983308, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.33481, "energy": 29.629917, "activity_lines": [ 6.869333, 6.859273, 6.951803, 7.052148 ] }, { "date": "2026-01-30", "close": 6.84, "volume": 144766449, "typical_volume": 109638504.55, "trend": 7.139865, "fair_value": 7.0312, "relative_strength": -12.314068, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.834956, "energy": 23.449569, "activity_lines": [ 6.864, 6.857636, 6.932604, 7.033077 ] }, { "date": "2026-02-06", "close": 6.81, "volume": 106535235, "typical_volume": 107136688.65, "trend": 7.129044, "fair_value": 7.020252, "relative_strength": -11.225964, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.896576, "energy": 27.133976, "activity_lines": [ 6.852, 6.849091, 6.913354, 7.011795 ] }, { "date": "2026-02-13", "close": 6.74, "volume": 73659915, "typical_volume": 105285622.15, "trend": 7.119494, "fair_value": 7.010395, "relative_strength": -12.144481, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.446986, "energy": 33.072208, "activity_lines": [ 6.807333, 6.828727, 6.889155, 6.986696 ] }, { "date": "2026-02-27", "close": 6.85, "volume": 67926785, "typical_volume": 104742067.15, "trend": 7.107059, "fair_value": 7.002844, "relative_strength": -12.087566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.252991, "energy": 31.987878, "activity_lines": [ 6.816, 6.830727, 6.877007, 6.969309 ] }, { "date": "2026-03-06", "close": 6.72, "volume": 149947552, "typical_volume": 109164849.4, "trend": 7.097825, "fair_value": 6.99649, "relative_strength": -12.624513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.557667, "energy": 35.497898, "activity_lines": [ 6.778667, 6.809455, 6.854147, 6.944338 ] }, { "date": "2026-03-13", "close": 6.73, "volume": 99960967, "typical_volume": 108053993.15, "trend": 7.074183, "fair_value": 6.989154, "relative_strength": -11.593243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.847891, "energy": 35.96225, "activity_lines": [ 6.758, 6.792364, 6.835095, 6.920607 ] }, { "date": "2026-03-20", "close": 6.56, "volume": 92851466, "typical_volume": 108035534.2, "trend": 7.036903, "fair_value": 6.980482, "relative_strength": -10.506164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.807691, "energy": 45.478217, "activity_lines": [ 6.688, 6.747273, 6.801619, 6.887434 ] }, { "date": "2026-03-27", "close": 6.36, "volume": 102341214, "typical_volume": 106255907.8, "trend": 6.984989, "fair_value": 6.972806, "relative_strength": -11.936054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.13409, "energy": 65.412769, "activity_lines": [ 6.568, 6.667818, 6.752714, 6.843763 ] }, { "date": "2026-04-03", "close": 6.22, "volume": 71716556, "typical_volume": 105564463.9, "trend": 6.936044, "fair_value": 6.963309, "relative_strength": -12.772758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.680582, "energy": 76.674988, "activity_lines": [ 6.426667, 6.574364, 6.694905, 6.794409 ] }, { "date": "2026-04-10", "close": 6.45, "volume": 76970995, "typical_volume": 105408526.4, "trend": 6.903728, "fair_value": 6.955163, "relative_strength": -11.605355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.237879, "energy": 70.02914, "activity_lines": [ 6.404, 6.533455, 6.66381, 6.763051 ] }, { "date": "2026-04-17", "close": 6.46, "volume": 66025460, "typical_volume": 103352804.4, "trend": 6.871414, "fair_value": 6.94782, "relative_strength": -12.584843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.123096, "energy": 68.28123, "activity_lines": [ 6.402667, 6.502909, 6.637286, 6.734423 ] }, { "date": "2026-04-24", "close": 6.25, "volume": 71752694, "typical_volume": 103795436.95, "trend": 6.840731, "fair_value": 6.937715, "relative_strength": -15.677593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.624489, "energy": 68.623293, "activity_lines": [ 6.349333, 6.441091, 6.59219, 6.694332 ] }, { "date": "2026-05-01", "close": 6.42, "volume": 202891103, "typical_volume": 109731821.65, "trend": 6.819034, "fair_value": 6.929562, "relative_strength": -13.735271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.123846, "energy": 40.142986, "activity_lines": [ 6.373333, 6.420364, 6.56619, 6.667188 ] }, { "date": "2026-05-08", "close": 6.45, "volume": 143453154, "typical_volume": 112243065.05, "trend": 6.794022, "fair_value": 6.925602, "relative_strength": -14.396706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.896901, "energy": 35.355522, "activity_lines": [ 6.403333, 6.410909, 6.54519, 6.643379 ] }, { "date": "2026-05-15", "close": 6.33, "volume": 201491084, "typical_volume": 118362897.5, "trend": 6.761026, "fair_value": 6.91958, "relative_strength": -14.753863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.162687, "energy": 35.862627, "activity_lines": [ 6.378, 6.386909, 6.514762, 6.613443 ] }, { "date": "2026-05-22", "close": 6.26, "volume": 143777609, "typical_volume": 121811090.55, "trend": 6.733, "fair_value": 6.912125, "relative_strength": -14.89389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.104088, "energy": 34.395931, "activity_lines": [ 6.337333, 6.357273, 6.480143, 6.581118 ] }, { "date": "2026-05-29", "close": 6.67, "volume": 277906558, "typical_volume": 132441869.65, "trend": 6.711333, "fair_value": 6.906743, "relative_strength": -8.101482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.53762, "energy": 16.611226, "activity_lines": [ 6.446667, 6.410727, 6.487571, 6.577054 ] }, { "date": "2026-06-05", "close": 6.87, "volume": 102917030, "typical_volume": 124903156.9, "trend": 6.697333, "fair_value": 6.903999, "relative_strength": -4.201388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.982832, "energy": 9.415994, "activity_lines": [ 6.594667, 6.498545, 6.514048, 6.58729 ] }, { "date": "2026-06-12", "close": 6.99, "volume": 163562985, "typical_volume": 123142170.05, "trend": 6.689333, "fair_value": 6.902577, "relative_strength": -2.415235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.105121, "energy": 23.70782, "activity_lines": [ 6.752667, 6.598909, 6.552524, 6.606172 ] }, { "date": "2026-06-19", "close": 7.27, "volume": 667412491, "typical_volume": 151393365.1, "trend": 6.691333, "fair_value": 6.902642, "relative_strength": 0.176575, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.435349, "energy": 38.751073, "activity_lines": [ 6.968, 6.736182, 6.61681, 6.643634 ] }, { "date": "2026-06-26", "close": 7.525781, "volume": 149715491, "typical_volume": 151640817.2, "trend": 6.716859, "fair_value": 6.905578, "relative_strength": 5.329225, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.623598, "energy": 64.273278, "activity_lines": [ 7.205927, 6.905051, 6.703789, 6.69747 ] }, { "date": "2026-07-03", "close": 7.693678, "volume": 140123758, "typical_volume": 153320243.35, "trend": 6.744649, "fair_value": 6.909344, "relative_strength": 7.329865, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.127481, "energy": 80.258334, "activity_lines": [ 7.415434, 7.085069, 6.803492, 6.76049 ] }, { "date": "2026-07-10", "close": 7.031963, "volume": 364841516, "typical_volume": 167879323.4, "trend": 6.750047, "fair_value": 6.910531, "relative_strength": -0.548746, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.459755, "energy": 66.909853, "activity_lines": [ 7.336125, 7.118527, 6.835968, 6.779027 ] }, { "date": "2026-07-17", "close": 6.992457, "volume": 252762481, "typical_volume": 177121108.2, "trend": 6.754129, "fair_value": 6.911033, "relative_strength": 5.187821, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.731069, "energy": 42.20096, "activity_lines": [ 7.232849, 7.133675, 6.86329, 6.794666 ] }, { "date": "2026-07-24", "close": 6.864065, "volume": 233251360, "typical_volume": 181286298.6, "trend": 6.754598, "fair_value": 6.909974, "relative_strength": 2.111133, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.361943, "energy": 24.874418, "activity_lines": [ 7.086612, 7.115616, 6.877706, 6.801759 ] }, { "date": "2026-07-31", "close": 6.42, "volume": 255221370, "typical_volume": 189049318.75, "trend": 6.738931, "fair_value": 6.905822, "relative_strength": -4.596619, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.589586, "energy": 16.578299, "activity_lines": [ 6.819416, 7.007108, 6.849145, 6.780172 ] }, { "date": "2026-08-07", "close": 6.59, "volume": 140564528, "typical_volume": 191434971.85, "trend": 6.736265, "fair_value": 6.903005, "relative_strength": -4.442578, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.74956, "energy": 15.642511, "activity_lines": [ 6.682605, 6.9266, 6.83825, 6.770563 ] } ], "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." } } }