{ "ticker": { "uuid": "768a3327-bbb2-431b-8b17-63a45b525313", "symbol": "002394", "name": "Jiangsu Lianfa Textile Co.,Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 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": -62.039, "architecture_energy": 56.346, "architecture_maturity": 48.22, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 13.12, "rotation_up": 25.93, "upward_expansion": 9.52, "deceleration": 51.12, "rotation_down": 51.97, "downward_expansion": 80.52 }, "activity_lines": [ 8.908, 9.054545, 9.871655, 10.80506 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 9.66, "trend_reference": 12.079174, "distance_from_trend": -0.200276, "trend_direction": "Weakening", "fair_value": 8.686034, "distance_from_fair_value": 0.11213, "fair_value_direction": "Weakening", "relative_strength": -20.892406, "relative_strength_direction": "Weakening", "price_momentum": -0.299744, "excess_performance": -0.307144, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.200276, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.086541, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.11213, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.35865, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.208924, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.108499, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.299744, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.26572, "read": "Supply-led" } ], "volume": { "latest": 25509603, "relative_activity": 0.89847, "balance": 0.26572, "dry_up": 1.050962, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.112506, "annualized_volatility": 0.610083, "from_high_reference": -0.500808, "from_low_reference": 0.271053 }, "levels": { "trend_reference": 12.079174, "fair_value_reference": 8.686034, "structural_low": 7.6, "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": 20, "median_return": 0.014305, "positive_rate": 0.5, "directional_follow_through": 0.45, "median_excess_return": 0.00602, "regime_survival": 0.75, "best_return": 0.194208, "worst_return": -0.149666, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.039381, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.038714, "regime_survival": 0.285714, "best_return": 0.365936, "worst_return": -0.082044, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.026382, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.00237, "regime_survival": 0.4, "best_return": 0.298483, "worst_return": -0.146763, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.107914, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.115666, "regime_survival": 0.333333, "best_return": 0.122503, "worst_return": -0.056533, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-19", "end": "2024-01-26", "tenure": "New", "return": -0.018473, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-02-02", "end": "2024-03-01", "tenure": "New", "return": 0.053111, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-08", "end": "2024-09-20", "tenure": "Extended", "return": -0.155396, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-11-08", "tenure": "Developing", "return": 0.067321, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.040431, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.117816, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": 0.005215, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.194485, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-02-06", "tenure": "Extended", "return": 0.769134, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-13", "tenure": "New", "return": 0.207273, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.032258, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": -0.064955, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": -0.264637, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.028169, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.47383, "volume": 21478003, "typical_volume": 19228738.55, "trend": 6.874025, "fair_value": 7.103814, "relative_strength": 15.628948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.761087, "energy": 70.998616, "activity_lines": [ 7.41687, 7.264349, 7.089166, 6.982757 ] }, { "date": "2023-08-04", "close": 7.275334, "volume": 23398433, "typical_volume": 19740680.7, "trend": 6.883806, "fair_value": 7.100206, "relative_strength": 10.724158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.071333, "energy": 60.645247, "activity_lines": [ 7.378897, 7.282708, 7.122577, 7.008648 ] }, { "date": "2023-08-11", "close": 7.007794, "volume": 16935799, "typical_volume": 19819435.65, "trend": 6.893875, "fair_value": 7.093847, "relative_strength": 10.448892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.385974, "energy": 33.994161, "activity_lines": [ 7.256347, 7.248658, 7.127509, 7.016647 ] }, { "date": "2023-08-18", "close": 7.266703, "volume": 23064818, "typical_volume": 20368155.35, "trend": 6.918902, "fair_value": 7.086554, "relative_strength": 17.643028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.822636, "energy": 24.434986, "activity_lines": [ 7.239086, 7.262309, 7.155701, 7.040701 ] }, { "date": "2023-08-25", "close": 6.774776, "volume": 138181920, "typical_volume": 26790414.9, "trend": 6.92667, "fair_value": 7.075227, "relative_strength": 12.661243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.446554, "energy": 13.918137, "activity_lines": [ 7.065905, 7.181498, 7.133427, 7.031402 ] }, { "date": "2023-09-01", "close": 7.534242, "volume": 66163635, "typical_volume": 29542164.7, "trend": 6.950259, "fair_value": 7.068042, "relative_strength": 20.552751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.097932, "energy": 20.837844, "activity_lines": [ 7.190756, 7.243793, 7.182003, 7.070601 ] }, { "date": "2023-09-08", "close": 7.344376, "volume": 22870331, "typical_volume": 30161178.85, "trend": 6.965506, "fair_value": 7.057203, "relative_strength": 18.891616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.796462, "energy": 18.704783, "activity_lines": [ 7.248292, 7.255405, 7.20699, 7.096027 ] }, { "date": "2023-09-15", "close": 7.508351, "volume": 20683150, "typical_volume": 28626540.25, "trend": 6.991109, "fair_value": 7.049074, "relative_strength": 22.47803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.663073, "energy": 27.998127, "activity_lines": [ 7.355883, 7.296831, 7.242004, 7.13105 ] }, { "date": "2023-09-22", "close": 7.439309, "volume": 23325400, "typical_volume": 28967617.0, "trend": 7.010671, "fair_value": 7.041903, "relative_strength": 20.302402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.78659, "energy": 41.3255, "activity_lines": [ 7.407089, 7.32178, 7.266785, 7.159966 ] }, { "date": "2023-09-29", "close": 7.534242, "volume": 14657250, "typical_volume": 28173446.05, "trend": 7.028507, "fair_value": 7.036118, "relative_strength": 21.971983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.291458, "energy": 47.054707, "activity_lines": [ 7.478433, 7.363048, 7.298183, 7.193745 ] }, { "date": "2023-10-13", "close": 7.025055, "volume": 22391500, "typical_volume": 28285736.05, "trend": 7.040014, "fair_value": 7.02624, "relative_strength": 13.720826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.292154, "energy": 21.025407, "activity_lines": [ 7.329417, 7.310168, 7.279525, 7.193522 ] }, { "date": "2023-10-20", "close": 7.007794, "volume": 18325884, "typical_volume": 28086131.0, "trend": 7.052097, "fair_value": 7.019751, "relative_strength": 18.728125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.106747, "energy": 10.038384, "activity_lines": [ 7.208592, 7.262309, 7.259059, 7.191443 ] }, { "date": "2023-10-27", "close": 7.378897, "volume": 20383692, "typical_volume": 28134122.1, "trend": 7.074248, "fair_value": 7.015801, "relative_strength": 21.687164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.709379, "energy": 15.410082, "activity_lines": [ 7.233908, 7.286788, 7.274224, 7.212527 ] }, { "date": "2023-11-03", "close": 7.758629, "volume": 38244293, "typical_volume": 29124076.75, "trend": 7.115961, "fair_value": 7.013431, "relative_strength": 26.015589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.188998, "energy": 22.547252, "activity_lines": [ 7.394431, 7.373562, 7.323951, 7.256681 ] }, { "date": "2023-11-10", "close": 7.741369, "volume": 19642306, "typical_volume": 29168617.05, "trend": 7.158537, "fair_value": 7.0062, "relative_strength": 23.307941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.302907, "energy": 38.048801, "activity_lines": [ 7.527913, 7.448253, 7.368376, 7.29703 ] }, { "date": "2023-11-17", "close": 7.922605, "volume": 26161403, "typical_volume": 29842614.55, "trend": 7.210031, "fair_value": 7.000984, "relative_strength": 25.17638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.894625, "energy": 59.302799, "activity_lines": [ 7.707998, 7.538322, 7.426774, 7.346324 ] }, { "date": "2023-11-24", "close": 7.994648, "volume": 32419034, "typical_volume": 30112226.5, "trend": 7.27083, "fair_value": 6.997992, "relative_strength": 27.090749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.33531, "energy": 66.301618, "activity_lines": [ 7.852261, 7.634428, 7.485952, 7.396945 ] }, { "date": "2023-12-01", "close": 8.051415, "volume": 21264391, "typical_volume": 30287701.55, "trend": 7.314536, "fair_value": 6.992801, "relative_strength": 28.488254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.98284, "energy": 73.367294, "activity_lines": [ 7.949657, 7.729033, 7.547439, 7.447305 ] }, { "date": "2023-12-08", "close": 7.720276, "volume": 21430193, "typical_volume": 30482036.95, "trend": 7.340874, "fair_value": 6.985808, "relative_strength": 24.444954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.521929, "energy": 65.706846, "activity_lines": [ 7.891838, 7.753556, 7.573775, 7.473482 ] }, { "date": "2023-12-15", "close": 8.079799, "volume": 21187500, "typical_volume": 30610446.75, "trend": 7.369991, "fair_value": 6.978236, "relative_strength": 31.488772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.184936, "energy": 62.198157, "activity_lines": [ 7.956416, 7.838339, 7.632768, 7.521154 ] }, { "date": "2023-12-22", "close": 7.91896, "volume": 18772000, "typical_volume": 30475146.6, "trend": 7.400939, "fair_value": 6.970809, "relative_strength": 30.055775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.561917, "energy": 43.438231, "activity_lines": [ 7.94482, 7.883959, 7.673433, 7.556572 ] }, { "date": "2023-12-29", "close": 7.862194, "volume": 18727817, "typical_volume": 30241615.8, "trend": 7.427405, "fair_value": 6.964031, "relative_strength": 24.112132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.412781, "energy": 33.794357, "activity_lines": [ 7.914545, 7.903006, 7.706573, 7.58633 ] }, { "date": "2024-01-05", "close": 7.975727, "volume": 17279300, "typical_volume": 30258790.85, "trend": 7.458519, "fair_value": 6.961558, "relative_strength": 30.391394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.254626, "energy": 35.784783, "activity_lines": [ 7.930944, 7.92716, 7.74773, 7.621706 ] }, { "date": "2024-01-12", "close": 7.928421, "volume": 18843900, "typical_volume": 30047744.95, "trend": 7.489782, "fair_value": 6.958622, "relative_strength": 30.424357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.738469, "energy": 31.136658, "activity_lines": [ 7.936621, 7.931861, 7.779773, 7.652022 ] }, { "date": "2024-01-19", "close": 7.682432, "volume": 21729300, "typical_volume": 24225113.95, "trend": 7.510831, "fair_value": 6.955337, "relative_strength": 28.348294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.002588, "energy": 20.454018, "activity_lines": [ 7.846425, 7.888751, 7.785238, 7.664451 ] }, { "date": "2024-01-26", "close": 7.540514, "volume": 36082002, "typical_volume": 22721032.3, "trend": 7.540671, "fair_value": 6.950608, "relative_strength": 25.274955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.339864, "energy": 12.818105, "activity_lines": [ 7.735414, 7.820908, 7.772864, 7.666366 ] }, { "date": "2024-02-02", "close": 6.23488, "volume": 36125663, "typical_volume": 23383798.9, "trend": 7.503688, "fair_value": 6.940232, "relative_strength": 11.954486, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.785037, "energy": 44.067899, "activity_lines": [ 7.214421, 7.522625, 7.636115, 7.582122 ] }, { "date": "2024-02-09", "close": 6.197036, "volume": 55034855, "typical_volume": 25101384.15, "trend": 7.467169, "fair_value": 6.929774, "relative_strength": 1.242647, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.762344, "energy": 64.04453, "activity_lines": [ 6.789302, 7.249456, 7.501044, 7.497821 ] }, { "date": "2024-02-23", "close": 6.613325, "volume": 39562121, "typical_volume": 25913220.2, "trend": 7.441362, "fair_value": 6.922412, "relative_strength": 4.632463, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.206516, "energy": 66.431787, "activity_lines": [ 6.621525, 7.085693, 7.411865, 7.442735 ] }, { "date": "2024-03-01", "close": 6.56602, "volume": 39329140, "typical_volume": 27146814.7, "trend": 7.411965, "fair_value": 6.915387, "relative_strength": -0.469839, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.207381, "energy": 76.868949, "activity_lines": [ 6.525652, 6.933455, 7.322113, 7.386261 ] }, { "date": "2024-03-08", "close": 6.57548, "volume": 21657824, "typical_volume": 27110130.9, "trend": 7.38202, "fair_value": 6.908476, "relative_strength": 0.040983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.979091, "energy": 69.986947, "activity_lines": [ 6.50736, 6.81046, 7.237873, 7.332294 ] }, { "date": "2024-03-15", "close": 6.812008, "volume": 18916134, "typical_volume": 27139643.4, "trend": 7.366576, "fair_value": 6.901693, "relative_strength": 0.686196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.236587, "energy": 44.045878, "activity_lines": [ 6.632247, 6.754898, 7.178301, 7.295519 ] }, { "date": "2024-03-22", "close": 7.010692, "volume": 23358352, "typical_volume": 27288376.4, "trend": 7.366672, "fair_value": 6.894422, "relative_strength": 3.711471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.967438, "energy": 31.148978, "activity_lines": [ 6.784886, 6.754554, 7.138582, 7.272559 ] }, { "date": "2024-03-29", "close": 7.07692, "volume": 19979026, "typical_volume": 26375113.05, "trend": 7.360346, "fair_value": 6.886348, "relative_strength": 6.053409, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.094868, "energy": 22.192617, "activity_lines": [ 6.905358, 6.783797, 7.106925, 7.253865 ] }, { "date": "2024-04-05", "close": 7.33237, "volume": 14236605, "typical_volume": 26104828.0, "trend": 7.378933, "fair_value": 6.880125, "relative_strength": 7.66731, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.560653, "energy": 20.359209, "activity_lines": [ 7.080073, 6.874968, 7.102843, 7.25206 ] }, { "date": "2024-04-12", "close": 7.218837, "volume": 24805678, "typical_volume": 26037041.75, "trend": 7.368419, "fair_value": 6.873013, "relative_strength": 8.968464, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.362605, "energy": 20.915613, "activity_lines": [ 7.165854, 6.951861, 7.089895, 7.241732 ] }, { "date": "2024-04-19", "close": 6.802547, "volume": 33923087, "typical_volume": 26112244.4, "trend": 7.350358, "fair_value": 6.86254, "relative_strength": 1.592549, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.153426, "energy": 19.273028, "activity_lines": [ 7.069982, 6.958914, 7.040652, 7.205224 ] }, { "date": "2024-04-26", "close": 6.916081, "volume": 19229432, "typical_volume": 26010496.45, "trend": 7.330616, "fair_value": 6.85194, "relative_strength": 0.764015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.798881, "energy": 15.867637, "activity_lines": [ 7.012584, 6.976288, 7.007899, 7.177206 ] }, { "date": "2024-05-03", "close": 6.764703, "volume": 18009865, "typical_volume": 25839480.05, "trend": 7.308129, "fair_value": 6.841811, "relative_strength": -3.136293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.526805, "energy": 25.574906, "activity_lines": [ 6.911035, 6.953065, 6.966135, 7.140695 ] }, { "date": "2024-05-10", "close": 6.849853, "volume": 35550388, "typical_volume": 26557624.45, "trend": 7.285316, "fair_value": 6.832761, "relative_strength": -3.64806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.367414, "energy": 28.966778, "activity_lines": [ 6.858683, 6.942572, 6.93703, 7.111129 ] }, { "date": "2024-05-17", "close": 6.83093, "volume": 25628469, "typical_volume": 26900447.9, "trend": 7.278845, "fair_value": 6.829463, "relative_strength": -3.910055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.186711, "energy": 38.411294, "activity_lines": [ 6.832192, 6.923478, 6.911981, 7.081814 ] }, { "date": "2024-05-24", "close": 6.509253, "volume": 19555419, "typical_volume": 26941828.0, "trend": 7.262227, "fair_value": 6.82469, "relative_strength": -5.756506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.105137, "energy": 58.341331, "activity_lines": [ 6.724335, 6.841252, 6.861477, 7.032163 ] }, { "date": "2024-05-31", "close": 6.433564, "volume": 15160804, "typical_volume": 26835903.2, "trend": 7.230716, "fair_value": 6.821247, "relative_strength": -6.392962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.183632, "energy": 65.819005, "activity_lines": [ 6.610802, 6.750769, 6.810206, 6.978701 ] }, { "date": "2024-06-07", "close": 6.111886, "volume": 20431087, "typical_volume": 26915262.55, "trend": 7.175825, "fair_value": 6.815795, "relative_strength": -10.058289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.400701, "energy": 75.375919, "activity_lines": [ 6.422211, 6.612293, 6.735644, 6.906518 ] }, { "date": "2024-06-14", "close": 5.998352, "volume": 9363903, "typical_volume": 26296992.7, "trend": 7.117724, "fair_value": 6.809028, "relative_strength": -11.714796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.420357, "energy": 82.283171, "activity_lines": [ 6.239295, 6.47072, 6.658919, 6.830552 ] }, { "date": "2024-06-21", "close": 5.913202, "volume": 8454193, "typical_volume": 24915602.25, "trend": 7.050744, "fair_value": 6.801182, "relative_strength": -11.179624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.737109, "energy": 85.905773, "activity_lines": [ 6.084764, 6.33792, 6.582103, 6.752841 ] }, { "date": "2024-06-28", "close": 5.828052, "volume": 10787056, "typical_volume": 23648671.9, "trend": 6.978524, "fair_value": 6.793066, "relative_strength": -10.402489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.160199, "energy": 86.897878, "activity_lines": [ 5.963031, 6.213378, 6.504928, 6.673958 ] }, { "date": "2024-07-05", "close": 5.875357, "volume": 8281446, "typical_volume": 21311001.45, "trend": 6.905989, "fair_value": 6.784922, "relative_strength": -8.263808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.940121, "energy": 83.099795, "activity_lines": [ 5.902479, 6.115154, 6.434194, 6.602785 ] }, { "date": "2024-07-12", "close": 5.884818, "volume": 10866700, "typical_volume": 19876230.4, "trend": 6.844807, "fair_value": 6.777004, "relative_strength": -9.757911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.960039, "energy": 72.656443, "activity_lines": [ 5.882295, 6.037573, 6.365894, 6.536903 ] }, { "date": "2024-07-19", "close": 5.761824, "volume": 7340562, "typical_volume": 18276801.5, "trend": 6.767541, "fair_value": 6.769183, "relative_strength": -12.079908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.545491, "energy": 76.815167, "activity_lines": [ 5.836251, 5.953627, 6.289349, 6.467034 ] }, { "date": "2024-07-26", "close": 5.686135, "volume": 7546288, "typical_volume": 17571224.7, "trend": 6.693114, "fair_value": 6.76049, "relative_strength": -10.133488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.041598, "energy": 72.406116, "activity_lines": [ 5.780746, 5.875701, 6.209425, 6.397265 ] }, { "date": "2024-08-02", "close": 5.846973, "volume": 9435000, "typical_volume": 17097168.0, "trend": 6.62594, "fair_value": 6.75327, "relative_strength": -7.107161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.99947, "energy": 59.016716, "activity_lines": [ 5.793991, 5.847834, 6.149054, 6.342676 ] }, { "date": "2024-08-09", "close": 5.846973, "volume": 9210502, "typical_volume": 16389775.5, "trend": 6.554981, "fair_value": 6.746216, "relative_strength": -5.395708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.788211, "energy": 55.27668, "activity_lines": [ 5.805975, 5.832008, 6.093278, 6.29242 ] }, { "date": "2024-08-16", "close": 5.846973, "volume": 7139294, "typical_volume": 15747788.9, "trend": 6.4856, "fair_value": 6.73966, "relative_strength": -5.030233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.84012, "energy": 50.167184, "activity_lines": [ 5.819851, 5.826847, 6.043044, 6.246742 ] }, { "date": "2024-08-23", "close": 5.582063, "volume": 7644000, "typical_volume": 15418158.65, "trend": 6.415587, "fair_value": 6.732789, "relative_strength": -7.55368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.133544, "energy": 55.538041, "activity_lines": [ 5.747947, 5.778337, 5.973437, 6.188449 ] }, { "date": "2024-08-30", "close": 5.667212, "volume": 10675022, "typical_volume": 14711625.85, "trend": 6.353144, "fair_value": 6.728455, "relative_strength": -7.97771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.367469, "energy": 51.9558, "activity_lines": [ 5.71641, 5.752878, 5.920275, 6.140167 ] }, { "date": "2024-09-06", "close": 5.610445, "volume": 9909950, "typical_volume": 13510969.0, "trend": 6.332329, "fair_value": 6.724034, "relative_strength": -6.512003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.43371, "energy": 60.540777, "activity_lines": [ 5.667212, 5.721571, 5.869095, 6.092251 ] }, { "date": "2024-09-13", "close": 5.421223, "volume": 8152599, "typical_volume": 12957127.35, "trend": 6.306469, "fair_value": 6.717183, "relative_strength": -7.900885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.434526, "energy": 78.147424, "activity_lines": [ 5.570709, 5.659815, 5.80557, 6.03347 ] }, { "date": "2024-09-20", "close": 5.553679, "volume": 5680435, "typical_volume": 12340655.85, "trend": 6.271147, "fair_value": 6.711181, "relative_strength": -6.656129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.075322, "energy": 62.590843, "activity_lines": [ 5.546741, 5.6304, 5.761778, 5.984903 ] }, { "date": "2024-09-27", "close": 6.745781, "volume": 43060941, "typical_volume": 12716183.5, "trend": 6.27714, "fair_value": 6.712213, "relative_strength": -3.697341, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.955389, "energy": 8.767091, "activity_lines": [ 5.939693, 5.823751, 5.837287, 6.015524 ] }, { "date": "2024-10-04", "close": 7.24722, "volume": 29158095, "typical_volume": 12892664.8, "trend": 6.299531, "fair_value": 6.715407, "relative_strength": -6.406634, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.48708, "energy": 47.246087, "activity_lines": [ 6.42221, 6.090383, 5.961048, 6.07811 ] }, { "date": "2024-10-11", "close": 6.622786, "volume": 50938931, "typical_volume": 14461840.4, "trend": 6.293223, "fair_value": 6.712718, "relative_strength": -10.279463, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.502317, "energy": 42.166029, "activity_lines": [ 6.591249, 6.215097, 6.023356, 6.098965 ] }, { "date": "2024-10-18", "close": 6.632247, "volume": 19896801, "typical_volume": 14698640.25, "trend": 6.280609, "fair_value": 6.711251, "relative_strength": -12.595579, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.727295, "energy": 45.048775, "activity_lines": [ 6.695952, 6.327427, 6.086025, 6.120838 ] }, { "date": "2024-10-25", "close": 6.99177, "volume": 25258110, "typical_volume": 14939991.4, "trend": 6.27777, "fair_value": 6.711148, "relative_strength": -9.957629, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.078116, "energy": 71.765481, "activity_lines": [ 6.839761, 6.490846, 6.181988, 6.166719 ] }, { "date": "2024-11-01", "close": 6.99177, "volume": 44626161, "typical_volume": 16703104.3, "trend": 6.266417, "fair_value": 6.713203, "relative_strength": -8.333762, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.378376, "energy": 57.584149, "activity_lines": [ 6.887698, 6.633451, 6.273761, 6.212784 ] }, { "date": "2024-11-08", "close": 7.199914, "volume": 32339921, "typical_volume": 17897390.7, "trend": 6.265786, "fair_value": 6.714213, "relative_strength": -11.244279, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.565066, "energy": 68.95656, "activity_lines": [ 6.988616, 6.78827, 6.380626, 6.273009 ] }, { "date": "2024-11-15", "close": 7.020153, "volume": 27419377, "typical_volume": 18729006.75, "trend": 6.27304, "fair_value": 6.716505, "relative_strength": -9.844657, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.04204, "energy": 56.966976, "activity_lines": [ 7.032768, 6.882537, 6.464244, 6.321678 ] }, { "date": "2024-11-22", "close": 7.171531, "volume": 79309283, "typical_volume": 22280398.6, "trend": 6.281555, "fair_value": 6.720321, "relative_strength": -4.893517, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.51088, "energy": 52.605198, "activity_lines": [ 7.100888, 6.978696, 6.556603, 6.379645 ] }, { "date": "2024-11-29", "close": 7.710815, "volume": 48184245, "typical_volume": 24146275.85, "trend": 6.313092, "fair_value": 6.728534, "relative_strength": 0.821688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.657416, "energy": 62.604687, "activity_lines": [ 7.312817, 7.141083, 6.69415, 6.471856 ] }, { "date": "2024-12-06", "close": 7.66351, "volume": 44812226, "typical_volume": 26019859.05, "trend": 6.340214, "fair_value": 6.736333, "relative_strength": -1.153128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.366066, "energy": 63.501039, "activity_lines": [ 7.461042, 7.255649, 6.818496, 6.558979 ] }, { "date": "2024-12-13", "close": 7.777043, "volume": 36494817, "typical_volume": 27467285.5, "trend": 6.371751, "fair_value": 6.744252, "relative_strength": 1.266775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.650743, "energy": 69.605368, "activity_lines": [ 7.602328, 7.374171, 6.944599, 6.651678 ] }, { "date": "2024-12-20", "close": 7.568898, "volume": 34432919, "typical_volume": 28717181.45, "trend": 6.407072, "fair_value": 6.750394, "relative_strength": -0.427786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.015404, "energy": 60.814319, "activity_lines": [ 7.635757, 7.445216, 7.040923, 6.728913 ] }, { "date": "2024-12-27", "close": 7.228298, "volume": 26185210, "typical_volume": 29565916.85, "trend": 6.433563, "fair_value": 6.753854, "relative_strength": -4.563235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.980323, "energy": 49.393151, "activity_lines": [ 7.51907, 7.437131, 7.096608, 6.781896 ] }, { "date": "2025-01-03", "close": 6.73632, "volume": 20868901, "typical_volume": 30252397.2, "trend": 6.454378, "fair_value": 6.753607, "relative_strength": -3.826457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.809529, "energy": 28.173355, "activity_lines": [ 7.234605, 7.328758, 7.098861, 6.801428 ] }, { "date": "2025-01-10", "close": 6.584941, "volume": 19316363, "typical_volume": 30836015.35, "trend": 6.473931, "fair_value": 6.752944, "relative_strength": -4.490683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.256529, "energy": 22.312765, "activity_lines": [ 6.964648, 7.197506, 7.082461, 6.809852 ] }, { "date": "2025-01-17", "close": 6.90662, "volume": 17031539, "typical_volume": 31153841.2, "trend": 6.507045, "fair_value": 6.753346, "relative_strength": -2.892146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.687936, "energy": 26.379716, "activity_lines": [ 6.873821, 7.132139, 7.091923, 6.837767 ] }, { "date": "2025-01-24", "close": 6.963387, "volume": 15079910, "typical_volume": 31412339.2, "trend": 6.544889, "fair_value": 6.754002, "relative_strength": -2.815949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.150024, "energy": 21.481226, "activity_lines": [ 6.859945, 7.082425, 7.100888, 6.867208 ] }, { "date": "2025-01-31", "close": 7.66351, "volume": 15938400, "typical_volume": 31801629.25, "trend": 6.604494, "fair_value": 6.757708, "relative_strength": 8.712758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.950705, "energy": 19.45821, "activity_lines": [ 7.119811, 7.161038, 7.17009, 6.939378 ] }, { "date": "2025-02-07", "close": 7.445903, "volume": 132086929, "typical_volume": 38121953.95, "trend": 6.656531, "fair_value": 6.760073, "relative_strength": 1.628761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.732376, "energy": 27.936912, "activity_lines": [ 7.278126, 7.191142, 7.207889, 6.993662 ] }, { "date": "2025-02-14", "close": 7.360754, "volume": 67959778, "typical_volume": 39366895.8, "trend": 6.709828, "fair_value": 6.762059, "relative_strength": -1.105735, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.253249, "energy": 31.191688, "activity_lines": [ 7.360754, 7.21058, 7.228568, 7.039096 ] }, { "date": "2025-02-21", "close": 7.256681, "volume": 38548363, "typical_volume": 39836409.2, "trend": 6.76218, "fair_value": 6.763987, "relative_strength": -4.466784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.883357, "energy": 33.789409, "activity_lines": [ 7.356969, 7.216601, 7.236407, 7.074377 ] }, { "date": "2025-02-28", "close": 7.209375, "volume": 34702447, "typical_volume": 39024585.0, "trend": 6.807593, "fair_value": 6.767879, "relative_strength": -1.644311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.290352, "energy": 24.937598, "activity_lines": [ 7.314078, 7.223481, 7.239696, 7.103228 ] }, { "date": "2025-03-07", "close": 7.285065, "volume": 25718951, "typical_volume": 39315692.5, "trend": 6.85553, "fair_value": 6.770708, "relative_strength": -2.661266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.257985, "energy": 22.7572, "activity_lines": [ 7.280019, 7.250661, 7.2474, 7.134033 ] }, { "date": "2025-03-14", "close": 7.493209, "volume": 30784523, "typical_volume": 39592013.15, "trend": 6.910404, "fair_value": 6.774538, "relative_strength": -1.035456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.109224, "energy": 26.680494, "activity_lines": [ 7.34057, 7.314652, 7.271819, 7.175173 ] }, { "date": "2025-03-21", "close": 7.398598, "volume": 26332200, "typical_volume": 38677315.1, "trend": 6.970955, "fair_value": 6.778648, "relative_strength": 0.487175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.295995, "energy": 26.406001, "activity_lines": [ 7.36643, 7.34768, 7.284839, 7.20667 ] }, { "date": "2025-03-28", "close": 7.218837, "volume": 26325728, "typical_volume": 38376605.45, "trend": 7.022676, "fair_value": 6.78083, "relative_strength": -1.013213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.386985, "energy": 19.897174, "activity_lines": [ 7.329847, 7.33323, 7.278802, 7.222662 ] }, { "date": "2025-04-04", "close": 7.294526, "volume": 17711700, "typical_volume": 37891221.6, "trend": 7.078812, "fair_value": 6.784715, "relative_strength": 2.540963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.91232, "energy": 19.042863, "activity_lines": [ 7.321017, 7.326866, 7.279884, 7.240201 ] }, { "date": "2025-04-11", "close": 6.518713, "volume": 34706877, "typical_volume": 35661101.3, "trend": 7.115395, "fair_value": 6.783627, "relative_strength": -3.090118, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.444779, "energy": 19.963685, "activity_lines": [ 7.047906, 7.173423, 7.205771, 7.204065 ] }, { "date": "2025-04-18", "close": 6.944464, "volume": 28577716, "typical_volume": 34680774.85, "trend": 7.161755, "fair_value": 6.784383, "relative_strength": 3.863976, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.23997, "energy": 28.283, "activity_lines": [ 6.967801, 7.118205, 7.175316, 7.193037 ] }, { "date": "2025-04-25", "close": 7.379676, "volume": 29723167, "typical_volume": 33926321.9, "trend": 7.182884, "fair_value": 6.787873, "relative_strength": 8.825226, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.148575, "energy": 14.044866, "activity_lines": [ 7.069351, 7.151233, 7.189958, 7.207097 ] }, { "date": "2025-05-02", "close": 7.408059, "volume": 31795775, "typical_volume": 33691369.8, "trend": 7.188246, "fair_value": 6.791878, "relative_strength": 9.302756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.861664, "energy": 8.39518, "activity_lines": [ 7.181623, 7.189077, 7.208655, 7.221624 ] }, { "date": "2025-05-09", "close": 7.682432, "volume": 39440634, "typical_volume": 33941755.55, "trend": 7.223567, "fair_value": 6.797806, "relative_strength": 10.640004, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.581219, "energy": 33.616936, "activity_lines": [ 7.372738, 7.274055, 7.25524, 7.253507 ] }, { "date": "2025-05-16", "close": 7.786503, "volume": 46550506, "typical_volume": 34960020.35, "trend": 7.262043, "fair_value": 6.801802, "relative_strength": 11.365786, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.788103, "energy": 54.647905, "activity_lines": [ 7.572682, 7.369354, 7.311195, 7.289826 ] }, { "date": "2025-05-23", "close": 7.635126, "volume": 27751183, "typical_volume": 35304134.45, "trend": 7.283488, "fair_value": 6.813016, "relative_strength": 9.516537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.076209, "energy": 59.846826, "activity_lines": [ 7.637649, 7.428013, 7.350076, 7.313896 ] }, { "date": "2025-05-30", "close": 7.893781, "volume": 28307450, "typical_volume": 35753688.8, "trend": 7.313555, "fair_value": 6.825389, "relative_strength": 13.945825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.104375, "energy": 69.384292, "activity_lines": [ 7.742789, 7.53112, 7.40931, 7.353269 ] }, { "date": "2025-06-06", "close": 7.922522, "volume": 18915400, "typical_volume": 35847881.85, "trend": 7.337642, "fair_value": 6.83684, "relative_strength": 12.385607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.963805, "energy": 68.350007, "activity_lines": [ 7.823237, 7.630449, 7.46505, 7.392557 ] }, { "date": "2025-06-13", "close": 7.702185, "volume": 25285350, "typical_volume": 36358153.85, "trend": 7.360376, "fair_value": 6.846768, "relative_strength": 9.581979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.770309, "energy": 50.727603, "activity_lines": [ 7.795941, 7.676923, 7.494967, 7.416076 ] }, { "date": "2025-06-20", "close": 7.386051, "volume": 21916050, "typical_volume": 36657036.35, "trend": 7.367527, "fair_value": 6.854061, "relative_strength": 6.061578, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.522593, "energy": 30.253275, "activity_lines": [ 7.66195, 7.658506, 7.491258, 7.417733 ] }, { "date": "2025-06-27", "close": 7.778823, "volume": 23959453, "typical_volume": 31250662.55, "trend": 7.369794, "fair_value": 6.862932, "relative_strength": 7.411888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.066625, "energy": 25.600824, "activity_lines": [ 7.68558, 7.695732, 7.526277, 7.444268 ] }, { "date": "2025-07-04", "close": 7.97042, "volume": 29760719, "typical_volume": 29340709.6, "trend": 7.380024, "fair_value": 6.873418, "relative_strength": 8.446417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.79288, "energy": 31.181448, "activity_lines": [ 7.763496, 7.752623, 7.577958, 7.483018 ] }, { "date": "2025-07-11", "close": 8.152437, "volume": 23444558, "typical_volume": 28585519.35, "trend": 7.392537, "fair_value": 6.885568, "relative_strength": 8.688653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.177226, "energy": 45.41695, "activity_lines": [ 7.896975, 7.831868, 7.64407, 7.532851 ] }, { "date": "2025-07-18", "close": 10.566554, "volume": 262750153, "typical_volume": 39987904.65, "trend": 7.492459, "fair_value": 6.913083, "relative_strength": 36.858404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.349741, "energy": 88.681314, "activity_lines": [ 8.819832, 8.336509, 7.935834, 7.737627 ] }, { "date": "2025-07-25", "close": 9.445714, "volume": 256977958, "typical_volume": 51550855.0, "trend": 7.566373, "fair_value": 6.933026, "relative_strength": 18.959283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.16081, "energy": 82.916033, "activity_lines": [ 9.178117, 8.584923, 8.104864, 7.863643 ] }, { "date": "2025-08-01", "close": 9.263698, "volume": 77589660, "typical_volume": 53891111.85, "trend": 7.650619, "fair_value": 6.95064, "relative_strength": 18.035396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.424194, "energy": 81.39544, "activity_lines": [ 9.33842, 8.770075, 8.24627, 7.973148 ] }, { "date": "2025-08-08", "close": 9.618152, "volume": 57532603, "typical_volume": 55451132.0, "trend": 7.751726, "fair_value": 6.972463, "relative_strength": 20.495069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.069211, "energy": 83.313197, "activity_lines": [ 9.517883, 8.990063, 8.413003, 8.100085 ] }, { "date": "2025-08-15", "close": 9.71395, "volume": 57100739, "typical_volume": 56989882.55, "trend": 7.845303, "fair_value": 6.993185, "relative_strength": 15.983834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.5449, "energy": 65.32644, "activity_lines": [ 9.619429, 9.196116, 8.57829, 8.226681 ] }, { "date": "2025-08-22", "close": 10.25042, "volume": 106209094, "typical_volume": 61414752.25, "trend": 7.954871, "fair_value": 7.017401, "relative_strength": 16.544439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.451834, "energy": 61.365152, "activity_lines": [ 9.795698, 9.467138, 8.782788, 8.381849 ] }, { "date": "2025-08-29", "close": 9.857647, "volume": 77078205, "typical_volume": 63533318.65, "trend": 8.028009, "fair_value": 7.040703, "relative_strength": 7.121095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.714874, "energy": 53.79226, "activity_lines": [ 9.862118, 9.620416, 8.935804, 8.504609 ] }, { "date": "2025-09-05", "close": 10.145042, "volume": 70794354, "typical_volume": 65644150.55, "trend": 8.11798, "fair_value": 7.064853, "relative_strength": 10.828391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.055007, "energy": 53.452446, "activity_lines": [ 9.996874, 9.781008, 9.100291, 8.641192 ] }, { "date": "2025-09-12", "close": 10.010924, "volume": 51220533, "typical_volume": 66719018.85, "trend": 8.206319, "fair_value": 7.087146, "relative_strength": 6.272013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.093548, "energy": 49.251794, "activity_lines": [ 10.028168, 9.874194, 9.236764, 8.763317 ] }, { "date": "2025-09-19", "close": 10.710253, "volume": 88716093, "typical_volume": 69565034.75, "trend": 8.321439, "fair_value": 7.114752, "relative_strength": 12.030359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.880853, "energy": 51.616089, "activity_lines": [ 10.266387, 10.05743, 9.427309, 8.924861 ] }, { "date": "2025-09-26", "close": 11.208404, "volume": 66021408, "typical_volume": 70894073.45, "trend": 8.45474, "fair_value": 7.144722, "relative_strength": 15.590782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.343877, "energy": 54.979094, "activity_lines": [ 10.604236, 10.284734, 9.649573, 9.111117 ] }, { "date": "2025-10-03", "close": 10.671933, "volume": 35623847, "typical_volume": 70347740.5, "trend": 8.567635, "fair_value": 7.170257, "relative_strength": 7.192032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.46745, "energy": 48.667191, "activity_lines": [ 10.699395, 10.402827, 9.803955, 9.254162 ] }, { "date": "2025-10-10", "close": 11.668236, "volume": 31444261, "typical_volume": 70532394.4, "trend": 8.706803, "fair_value": 7.204336, "relative_strength": 18.036306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.023897, "energy": 59.304402, "activity_lines": [ 11.07237, 10.679771, 10.039482, 9.454201 ] }, { "date": "2025-10-17", "close": 10.968907, "volume": 122027367, "typical_volume": 75218390.25, "trend": 8.825813, "fair_value": 7.234762, "relative_strength": 16.113936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.637764, "energy": 65.431255, "activity_lines": [ 11.110689, 10.785846, 10.189201, 9.600143 ] }, { "date": "2025-10-24", "close": 10.786891, "volume": 57620508, "typical_volume": 77153645.65, "trend": 8.944748, "fair_value": 7.264741, "relative_strength": 8.599465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.810503, "energy": 60.189088, "activity_lines": [ 11.024471, 10.834268, 10.306941, 9.726664 ] }, { "date": "2025-10-31", "close": 11.160504, "volume": 76780763, "typical_volume": 79728416.3, "trend": 9.073614, "fair_value": 7.296782, "relative_strength": 11.13986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.027396, "energy": 54.931786, "activity_lines": [ 11.057681, 10.931111, 10.446624, 9.869616 ] }, { "date": "2025-11-07", "close": 11.4, "volume": 66093703, "typical_volume": 81937298.95, "trend": 9.236324, "fair_value": 7.330082, "relative_strength": 12.712674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.627255, "energy": 47.882772, "activity_lines": [ 11.173916, 11.054952, 10.592648, 10.019706 ] }, { "date": "2025-11-14", "close": 11.677814, "volume": 91876817, "typical_volume": 85333167.15, "trend": 9.394102, "fair_value": 7.368262, "relative_strength": 16.418197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.518953, "energy": 49.048126, "activity_lines": [ 11.334218, 11.201262, 10.746017, 10.177221 ] }, { "date": "2025-11-21", "close": 12.108908, "volume": 115821252, "typical_volume": 89636193.8, "trend": 9.551743, "fair_value": 7.407766, "relative_strength": 26.350803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.198903, "energy": 53.393448, "activity_lines": [ 11.63758, 11.398084, 10.921875, 10.35237 ] }, { "date": "2025-11-28", "close": 11.99395, "volume": 65565401, "typical_volume": 91742235.95, "trend": 9.704606, "fair_value": 7.445592, "relative_strength": 20.255888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.510235, "energy": 52.067999, "activity_lines": [ 11.826622, 11.535859, 11.067078, 10.509932 ] }, { "date": "2025-12-05", "close": 12.147227, "volume": 46124818, "typical_volume": 80910969.2, "trend": 9.853433, "fair_value": 7.483959, "relative_strength": 19.636986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.964369, "energy": 53.088244, "activity_lines": [ 11.986286, 11.678163, 11.208586, 10.66752 ] }, { "date": "2025-12-12", "close": 12.080168, "volume": 62697515, "typical_volume": 71196947.05, "trend": 9.996555, "fair_value": 7.522006, "relative_strength": 17.441963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.55785, "energy": 49.495578, "activity_lines": [ 12.057815, 11.791205, 11.33618, 10.81118 ] }, { "date": "2025-12-19", "close": 13.191429, "volume": 57743619, "typical_volume": 70204645.0, "trend": 10.181765, "fair_value": 7.564799, "relative_strength": 28.465391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.381337, "energy": 62.136181, "activity_lines": [ 12.45442, 12.080691, 11.557064, 11.017301 ] }, { "date": "2025-12-26", "close": 15.327731, "volume": 147123253, "typical_volume": 74684177.5, "trend": 10.429563, "fair_value": 7.621119, "relative_strength": 42.607644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.387207, "energy": 86.899791, "activity_lines": [ 13.462219, 12.7309, 11.962701, 11.349299 ] }, { "date": "2026-01-02", "close": 15.193613, "volume": 44249329, "typical_volume": 74041607.0, "trend": 10.671933, "fair_value": 7.676745, "relative_strength": 40.668268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.458199, "energy": 91.847877, "activity_lines": [ 14.210723, 13.277473, 12.328377, 11.656657 ] }, { "date": "2026-01-09", "close": 17.387394, "volume": 82937704, "typical_volume": 72878037.5, "trend": 10.994773, "fair_value": 7.748592, "relative_strength": 52.145541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.782155, "energy": 97.35101, "activity_lines": [ 15.477176, 14.142793, 12.876891, 12.089913 ] }, { "date": "2026-01-16", "close": 14.743361, "volume": 139807919, "typical_volume": 76014523.2, "trend": 11.240017, "fair_value": 7.798345, "relative_strength": 26.495585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.137124, "energy": 82.320997, "activity_lines": [ 15.512941, 14.414163, 13.139606, 12.331757 ] }, { "date": "2026-01-23", "close": 14.858319, "volume": 71000167, "typical_volume": 76024813.85, "trend": 11.476, "fair_value": 7.850605, "relative_strength": 25.043367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.782409, "energy": 60.507751, "activity_lines": [ 15.409479, 14.645647, 13.390005, 12.565196 ] }, { "date": "2026-01-30", "close": 13.794958, "volume": 53983184, "typical_volume": 76162946.4, "trend": 11.670151, "fair_value": 7.897266, "relative_strength": 17.410832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.920595, "energy": 48.973412, "activity_lines": [ 14.840437, 14.625965, 13.516687, 12.714806 ] }, { "date": "2026-02-06", "close": 13.507564, "volume": 31637399, "typical_volume": 73309011.7, "trend": 11.848655, "fair_value": 7.941919, "relative_strength": 16.712608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.438814, "energy": 26.705418, "activity_lines": [ 14.277782, 14.523374, 13.597978, 12.833349 ] }, { "date": "2026-02-13", "close": 13.172269, "volume": 31234070, "typical_volume": 71569644.8, "trend": 11.935513, "fair_value": 7.982596, "relative_strength": 11.61057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.118979, "energy": 23.545526, "activity_lines": [ 13.715765, 14.332299, 13.634017, 12.918743 ] }, { "date": "2026-02-27", "close": 15.002017, "volume": 46917920, "typical_volume": 72134348.45, "trend": 12.120723, "fair_value": 8.034616, "relative_strength": 22.595656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.053481, "energy": 25.189196, "activity_lines": [ 14.044673, 14.45527, 13.834965, 13.116582 ] }, { "date": "2026-03-06", "close": 15.049916, "volume": 88469790, "typical_volume": 74985624.9, "trend": 12.313597, "fair_value": 8.087883, "relative_strength": 24.698832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.596914, "energy": 25.707852, "activity_lines": [ 14.372303, 14.533824, 14.019856, 13.305562 ] }, { "date": "2026-03-13", "close": 15.902521, "volume": 99303310, "typical_volume": 73849422.05, "trend": 12.523076, "fair_value": 8.145896, "relative_strength": 29.473801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.589838, "energy": 39.906623, "activity_lines": [ 14.971361, 14.733607, 14.269844, 13.537106 ] }, { "date": "2026-03-20", "close": 13.660841, "volume": 53815876, "typical_volume": 73659190.45, "trend": 12.654639, "fair_value": 8.188599, "relative_strength": 13.77815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.825468, "energy": 32.875604, "activity_lines": [ 14.682689, 14.515362, 14.282845, 13.61051 ] }, { "date": "2026-03-27", "close": 13.220168, "volume": 51471357, "typical_volume": 72393720.15, "trend": 12.75363, "fair_value": 8.230524, "relative_strength": 10.297041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.783326, "energy": 16.741259, "activity_lines": [ 14.236908, 14.244862, 14.240192, 13.646996 ] }, { "date": "2026-04-03", "close": 12.683698, "volume": 21766800, "typical_volume": 70177375.0, "trend": 12.847832, "fair_value": 8.269232, "relative_strength": 8.405801, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.583874, "energy": 8.068062, "activity_lines": [ 13.60911, 13.95259, 14.136639, 13.642484 ] }, { "date": "2026-04-10", "close": 13.440504, "volume": 24989350, "typical_volume": 66833001.65, "trend": 12.957681, "fair_value": 8.312348, "relative_strength": 6.643603, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.913766, "energy": 17.882578, "activity_lines": [ 13.388135, 13.835368, 14.099049, 13.680721 ] }, { "date": "2026-04-17", "close": 12.894454, "volume": 28990430, "typical_volume": 62491460.55, "trend": 13.053798, "fair_value": 8.353292, "relative_strength": -2.082534, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.269062, "energy": 17.604442, "activity_lines": [ 13.092437, 13.644642, 14.001061, 13.676642 ] }, { "date": "2026-04-24", "close": 11.859832, "volume": 38663415, "typical_volume": 61146361.25, "trend": 13.092118, "fair_value": 8.38788, "relative_strength": -10.433316, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.66727, "energy": 51.305022, "activity_lines": [ 12.652403, 13.282176, 13.800797, 13.599612 ] }, { "date": "2026-05-01", "close": 13.517142, "volume": 48839702, "typical_volume": 61282105.45, "trend": 13.169076, "fair_value": 8.433645, "relative_strength": 0.623952, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.705282, "energy": 30.983327, "activity_lines": [ 12.884874, 13.250998, 13.759011, 13.627033 ] }, { "date": "2026-05-08", "close": 12.463362, "volume": 33673000, "typical_volume": 59830879.7, "trend": 13.22879, "fair_value": 8.473983, "relative_strength": -10.042503, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.086753, "energy": 31.3242, "activity_lines": [ 12.746286, 13.021953, 13.610341, 13.581503 ] }, { "date": "2026-05-15", "close": 11.92689, "volume": 39263270, "typical_volume": 58906862.25, "trend": 13.237412, "fair_value": 8.507231, "relative_strength": -13.915729, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.429979, "energy": 37.259075, "activity_lines": [ 12.443563, 12.741525, 13.408754, 13.497509 ] }, { "date": "2026-05-22", "close": 11.4, "volume": 28977650, "typical_volume": 52999582.1, "trend": 13.251781, "fair_value": 8.535884, "relative_strength": -17.847825, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.535361, "energy": 34.475941, "activity_lines": [ 12.066117, 12.422081, 13.163008, 13.378967 ] }, { "date": "2026-05-29", "close": 9.94, "volume": 39600205, "typical_volume": 52767125.9, "trend": 13.223552, "fair_value": 8.553408, "relative_strength": -28.087826, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.21577, "energy": 76.036763, "activity_lines": [ 11.301636, 11.919047, 12.796919, 13.165303 ] }, { "date": "2026-06-05", "close": 9.94, "volume": 5539500, "typical_volume": 48897215.7, "trend": 13.182868, "fair_value": 8.572314, "relative_strength": -26.646969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.255508, "energy": 81.775395, "activity_lines": [ 10.665143, 11.483664, 12.455846, 12.953461 ] }, { "date": "2026-06-12", "close": 9.36, "volume": 6779590, "typical_volume": 42245799.25, "trend": 13.114868, "fair_value": 8.587005, "relative_strength": -29.070539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.891729, "energy": 88.895258, "activity_lines": [ 10.073793, 11.002466, 12.095, 12.706825 ] }, { "date": "2026-06-19", "close": 9.35, "volume": 23671500, "typical_volume": 39879365.9, "trend": 13.037275, "fair_value": 8.601798, "relative_strength": -33.606377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.956515, "energy": 90.021699, "activity_lines": [ 9.686, 10.579881, 11.758836, 12.46393 ] }, { "date": "2026-06-26", "close": 8.83, "volume": 7612501, "typical_volume": 37560831.75, "trend": 12.927978, "fair_value": 8.61359, "relative_strength": -36.061487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.186864, "energy": 91.110301, "activity_lines": [ 9.296667, 10.137123, 11.399378, 12.192493 ] }, { "date": "2026-07-03", "close": 10.49, "volume": 9456200, "typical_volume": 36451771.8, "trend": 12.877846, "fair_value": 8.635635, "relative_strength": -23.011588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.144962, "energy": 76.650523, "activity_lines": [ 9.632, 10.070082, 11.221658, 12.035204 ] }, { "date": "2026-07-10", "close": 9.2, "volume": 39194000, "typical_volume": 36849768.3, "trend": 12.779605, "fair_value": 8.652011, "relative_strength": -29.780054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.630953, "energy": 59.619926, "activity_lines": [ 9.500667, 9.793403, 10.93545, 11.797924 ] }, { "date": "2026-07-17", "close": 8.16, "volume": 28452189, "typical_volume": 35926481.75, "trend": 12.648933, "fair_value": 8.657239, "relative_strength": -31.377254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.783481, "energy": 63.936966, "activity_lines": [ 9.072, 9.406125, 10.56911, 11.499885 ] }, { "date": "2026-07-24", "close": 8.04, "volume": 34459510, "typical_volume": 33225967.75, "trend": 12.477218, "fair_value": 8.66203, "relative_strength": -32.140824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.920612, "energy": 65.406362, "activity_lines": [ 8.683333, 9.075273, 10.223923, 11.202534 ] }, { "date": "2026-07-31", "close": 8.92, "volume": 30935411, "typical_volume": 29807572.8, "trend": 12.263627, "fair_value": 8.671854, "relative_strength": -23.304271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.859285, "energy": 64.485201, "activity_lines": [ 8.675333, 8.975091, 9.995926, 10.973036 ] }, { "date": "2026-08-07", "close": 9.66, "volume": 25509603, "typical_volume": 28392259.15, "trend": 12.079174, "fair_value": 8.686034, "relative_strength": -20.892406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.038998, "energy": 56.34616, "activity_lines": [ 8.908, 9.054545, 9.871655, 10.80506 ] } ], "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." } } }