{ "ticker": { "uuid": "77b074c3-a793-40d0-941b-0bd3bc960f5c", "symbol": "002746", "name": "Shandong Xiantan Group Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 51.429, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 29.68, "architecture_energy": 37.609, "architecture_maturity": 35.84, "architecture_confidence": 81.33, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 32.96, "rotation_up": 69.87, "upward_expansion": 43.56, "deceleration": 41.54, "rotation_down": 14.06, "downward_expansion": 16.23 }, "activity_lines": [ 6.062667, 5.807091, 5.781513, 5.832809 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 6.19, "trend_reference": 5.906523, "distance_from_trend": 0.047994, "trend_direction": "Weakening", "fair_value": 5.846701, "distance_from_fair_value": 0.058717, "fair_value_direction": "Improving", "relative_strength": 0.346244, "relative_strength_direction": "Improving", "price_momentum": -0.012095, "excess_performance": -0.019495, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047994, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.018711, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.058717, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.023884, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.003462, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.156429, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.012095, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.663449, "read": "Supply-led" } ], "volume": { "latest": 74450119, "relative_activity": 1.258361, "balance": 0.663449, "dry_up": 1.725685, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.0586, "annualized_volatility": 0.316943, "from_high_reference": -0.054413, "from_low_reference": 0.235529 }, "levels": { "trend_reference": 5.906523, "fair_value_reference": 5.846701, "structural_low": 5.01, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.018475, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.017045, "regime_survival": 0.5, "best_return": 0.020339, "worst_return": 0.016611, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.016491, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": 0.014311, "regime_survival": 0.0, "best_return": -0.016491, "worst_return": -0.016491, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.047351, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.113528, "regime_survival": 0.0, "best_return": 0.047351, "worst_return": 0.047351, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.122042, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.129311, "regime_survival": 0.0, "best_return": 0.122042, "worst_return": 0.122042, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": -0.006547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-07-18", "tenure": "Developing", "return": 0.056277, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-03", "tenure": "Developing", "return": -0.01268, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": 0.040453, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.081571, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.025168, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-02-27", "tenure": "Developing", "return": 0.045307, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.057187, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.020374, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.009836, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.087006, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-07-31", "tenure": "Developing", "return": 0.112319, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.493542, "volume": 35710803, "typical_volume": 41849368.95, "trend": 7.692515, "fair_value": 7.197643, "relative_strength": -2.764383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.694043, "energy": 19.133769, "activity_lines": [ 7.437177, 7.343045, 7.42382, 7.532243 ] }, { "date": "2023-08-04", "close": 7.591439, "volume": 44762803, "typical_volume": 41744072.5, "trend": 7.677274, "fair_value": 7.194859, "relative_strength": -2.906318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.702487, "energy": 19.538915, "activity_lines": [ 7.520241, 7.388675, 7.431906, 7.525722 ] }, { "date": "2023-08-11", "close": 7.413445, "volume": 37096606, "typical_volume": 41592409.2, "trend": 7.658151, "fair_value": 7.190464, "relative_strength": -1.450153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.241868, "energy": 18.008477, "activity_lines": [ 7.505408, 7.397795, 7.423042, 7.508701 ] }, { "date": "2023-08-18", "close": 7.360046, "volume": 28218807, "typical_volume": 40336320.55, "trend": 7.634025, "fair_value": 7.18439, "relative_strength": 0.962494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.330929, "energy": 14.549813, "activity_lines": [ 7.454977, 7.402046, 7.410611, 7.489468 ] }, { "date": "2023-08-25", "close": 7.466843, "volume": 62710196, "typical_volume": 41156123.3, "trend": 7.610823, "fair_value": 7.17994, "relative_strength": 5.438032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.774209, "energy": 8.018063, "activity_lines": [ 7.446077, 7.42785, 7.410459, 7.478682 ] }, { "date": "2023-09-01", "close": 7.315548, "volume": 86495892, "typical_volume": 42989478.55, "trend": 7.579942, "fair_value": 7.174484, "relative_strength": -0.120071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.272711, "energy": 18.007968, "activity_lines": [ 7.396239, 7.422506, 7.397831, 7.459632 ] }, { "date": "2023-09-08", "close": 7.182052, "volume": 48515199, "typical_volume": 43589873.85, "trend": 7.546369, "fair_value": 7.166475, "relative_strength": -0.153765, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.733551, "energy": 25.512393, "activity_lines": [ 7.313768, 7.385451, 7.373805, 7.433962 ] }, { "date": "2023-09-15", "close": 7.279949, "volume": 45526760, "typical_volume": 42553637.95, "trend": 7.523381, "fair_value": 7.160032, "relative_strength": 2.668557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.128829, "energy": 27.311859, "activity_lines": [ 7.291222, 7.363121, 7.359924, 7.416774 ] }, { "date": "2023-09-22", "close": 7.377846, "volume": 40802112, "typical_volume": 43369512.2, "trend": 7.493698, "fair_value": 7.156818, "relative_strength": 3.611923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.01789, "energy": 29.202305, "activity_lines": [ 7.310208, 7.356163, 7.358273, 7.407384 ] }, { "date": "2023-09-29", "close": 7.279949, "volume": 21854142, "typical_volume": 42820305.2, "trend": 7.471296, "fair_value": 7.155325, "relative_strength": 2.890835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.310977, "energy": 30.223543, "activity_lines": [ 7.295375, 7.3327, 7.349113, 7.393594 ] }, { "date": "2023-10-13", "close": 7.075256, "volume": 38895997, "typical_volume": 43624602.05, "trend": 7.4491, "fair_value": 7.153748, "relative_strength": 0.32554, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.049125, "energy": 34.284687, "activity_lines": [ 7.224771, 7.278007, 7.321817, 7.368043 ] }, { "date": "2023-10-20", "close": 6.674769, "volume": 29176025, "typical_volume": 43970769.6, "trend": 7.418534, "fair_value": 7.152097, "relative_strength": -0.517111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.626653, "energy": 65.367814, "activity_lines": [ 7.03669, 7.158104, 7.258714, 7.318086 ] }, { "date": "2023-10-27", "close": 6.478976, "volume": 62712144, "typical_volume": 45508850.65, "trend": 7.376755, "fair_value": 7.148612, "relative_strength": -5.191207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.69789, "energy": 79.948045, "activity_lines": [ 6.817165, 7.019269, 7.180242, 7.257469 ] }, { "date": "2023-11-03", "close": 6.585773, "volume": 58196222, "typical_volume": 46719065.5, "trend": 7.336193, "fair_value": 7.145668, "relative_strength": -4.306243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.03306, "energy": 79.522044, "activity_lines": [ 6.686636, 6.916841, 7.117659, 7.206438 ] }, { "date": "2023-11-10", "close": 6.514575, "volume": 46608837, "typical_volume": 46884941.05, "trend": 7.290915, "fair_value": 7.142954, "relative_strength": -6.294088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.13913, "energy": 81.532299, "activity_lines": [ 6.585179, 6.815547, 7.052542, 7.153431 ] }, { "date": "2023-11-17", "close": 6.443378, "volume": 40312417, "typical_volume": 47350739.4, "trend": 7.252635, "fair_value": 7.140361, "relative_strength": -7.09332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.217838, "energy": 81.488224, "activity_lines": [ 6.511015, 6.718621, 6.984225, 7.098751 ] }, { "date": "2023-11-24", "close": 6.585773, "volume": 46492089, "typical_volume": 48214957.8, "trend": 7.227011, "fair_value": 7.141499, "relative_strength": -3.389094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.544429, "energy": 65.941075, "activity_lines": [ 6.526442, 6.663443, 6.931674, 7.055728 ] }, { "date": "2023-12-01", "close": 6.452277, "volume": 48749867, "typical_volume": 49089331.2, "trend": 7.17907, "fair_value": 7.141746, "relative_strength": -3.793777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.335883, "energy": 61.405451, "activity_lines": [ 6.503302, 6.594834, 6.868444, 7.005745 ] }, { "date": "2023-12-08", "close": 6.36328, "volume": 75919339, "typical_volume": 46977842.15, "trend": 7.132556, "fair_value": 7.139543, "relative_strength": -3.072925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.887282, "energy": 62.962387, "activity_lines": [ 6.452277, 6.525093, 6.800043, 6.953113 ] }, { "date": "2023-12-15", "close": 6.265384, "volume": 50660004, "typical_volume": 47470813.05, "trend": 7.089222, "fair_value": 7.13599, "relative_strength": -2.50022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.88588, "energy": 60.118793, "activity_lines": [ 6.383453, 6.455999, 6.72749, 6.897167 ] }, { "date": "2023-12-22", "close": 6.08739, "volume": 35375000, "typical_volume": 47454022.9, "trend": 7.039955, "fair_value": 7.131115, "relative_strength": -3.323979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.586699, "energy": 76.813048, "activity_lines": [ 6.27191, 6.372989, 6.644384, 6.832532 ] }, { "date": "2023-12-29", "close": 6.265384, "volume": 29862867, "typical_volume": 46709026.1, "trend": 7.003358, "fair_value": 7.127382, "relative_strength": -3.377781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.824856, "energy": 66.347738, "activity_lines": [ 6.243431, 6.340303, 6.584925, 6.78256 ] }, { "date": "2024-01-05", "close": 6.060691, "volume": 33455601, "typical_volume": 46526975.85, "trend": 6.949394, "fair_value": 7.120421, "relative_strength": -2.158421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.424295, "energy": 64.793182, "activity_lines": [ 6.168081, 6.277843, 6.512287, 6.721743 ] }, { "date": "2024-01-12", "close": 6.167487, "volume": 35186823, "typical_volume": 46875376.65, "trend": 6.905726, "fair_value": 7.115157, "relative_strength": 1.024624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.575829, "energy": 54.189225, "activity_lines": [ 6.154434, 6.242406, 6.456261, 6.671297 ] }, { "date": "2024-01-19", "close": 5.998393, "volume": 37239296, "typical_volume": 45601831.65, "trend": 6.863451, "fair_value": 7.112313, "relative_strength": 0.651491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.796045, "energy": 56.111395, "activity_lines": [ 6.097476, 6.18383, 6.38981, 6.612759 ] }, { "date": "2024-01-26", "close": 5.882697, "volume": 39055485, "typical_volume": 43229811.3, "trend": 6.829328, "fair_value": 7.108258, "relative_strength": -0.940437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.008181, "energy": 58.687811, "activity_lines": [ 6.019752, 6.113604, 6.319333, 6.549485 ] }, { "date": "2024-02-02", "close": 5.241919, "volume": 45374142, "typical_volume": 43072758.45, "trend": 6.770293, "fair_value": 7.100312, "relative_strength": -3.905064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.201479, "energy": 78.318912, "activity_lines": [ 5.742082, 5.937066, 6.194652, 6.447072 ] }, { "date": "2024-02-09", "close": 6.007293, "volume": 69954261, "typical_volume": 44294133.5, "trend": 6.732321, "fair_value": 7.099042, "relative_strength": 0.584503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.685454, "energy": 51.653374, "activity_lines": [ 5.787767, 5.924121, 6.152103, 6.397846 ] }, { "date": "2024-02-23", "close": 5.678004, "volume": 58961139, "typical_volume": 45202084.85, "trend": 6.673287, "fair_value": 7.096565, "relative_strength": -7.385538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.615562, "energy": 50.895729, "activity_lines": [ 5.727249, 5.859396, 6.084254, 6.329825 ] }, { "date": "2024-03-01", "close": 5.678004, "volume": 54822926, "typical_volume": 46850524.05, "trend": 6.608912, "fair_value": 7.09669, "relative_strength": -10.772657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.572937, "energy": 48.616002, "activity_lines": [ 5.699363, 5.807131, 6.024499, 6.265613 ] }, { "date": "2024-03-08", "close": 5.51781, "volume": 39139137, "typical_volume": 46862681.05, "trend": 6.543054, "fair_value": 7.096184, "relative_strength": -12.400971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.44909, "energy": 44.986463, "activity_lines": [ 5.639439, 5.736418, 5.957115, 6.19522 ] }, { "date": "2024-03-15", "close": 5.615706, "volume": 36147349, "typical_volume": 47211247.25, "trend": 6.477197, "fair_value": 7.096271, "relative_strength": -12.890835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.573444, "energy": 43.649223, "activity_lines": [ 5.636472, 5.693862, 5.906472, 6.135391 ] }, { "date": "2024-03-22", "close": 5.7759, "volume": 60172475, "typical_volume": 47084263.8, "trend": 6.422612, "fair_value": 7.094096, "relative_strength": -9.775866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.957791, "energy": 38.024539, "activity_lines": [ 5.661984, 5.692243, 5.876128, 6.090146 ] }, { "date": "2024-03-29", "close": 5.678004, "volume": 41056677, "typical_volume": 46227286.55, "trend": 6.366544, "fair_value": 7.093317, "relative_strength": -9.571378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.387883, "energy": 34.903299, "activity_lines": [ 5.670291, 5.678004, 5.839809, 6.042107 ] }, { "date": "2024-04-05", "close": 5.953894, "volume": 29435406, "typical_volume": 45368615.0, "trend": 6.316112, "fair_value": 7.093006, "relative_strength": -6.497358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.862643, "energy": 22.159006, "activity_lines": [ 5.770561, 5.722826, 5.834088, 6.015484 ] }, { "date": "2024-04-12", "close": 5.633506, "volume": 35549987, "typical_volume": 45130493.5, "trend": 6.260044, "fair_value": 7.091906, "relative_strength": -8.349102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.806295, "energy": 21.873, "activity_lines": [ 5.745642, 5.710205, 5.800523, 5.971445 ] }, { "date": "2024-04-19", "close": 5.419914, "volume": 42653080, "typical_volume": 44938543.05, "trend": 6.201306, "fair_value": 7.089617, "relative_strength": -12.12364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.946649, "energy": 31.615325, "activity_lines": [ 5.641812, 5.663279, 5.750473, 5.917243 ] }, { "date": "2024-04-26", "close": 5.330916, "volume": 61382920, "typical_volume": 45570195.7, "trend": 6.136338, "fair_value": 7.08571, "relative_strength": -15.054386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.456025, "energy": 35.546717, "activity_lines": [ 5.52137, 5.596936, 5.697499, 5.861089 ] }, { "date": "2024-05-03", "close": 5.455511, "volume": 19262462, "typical_volume": 42737351.85, "trend": 6.07226, "fair_value": 7.080398, "relative_strength": -14.003557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.710618, "energy": 42.912383, "activity_lines": [ 5.472124, 5.565544, 5.66173, 5.817165 ] }, { "date": "2024-05-10", "close": 5.704703, "volume": 47980212, "typical_volume": 42603362.25, "trend": 6.019752, "fair_value": 7.077008, "relative_strength": -11.124009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.452933, "energy": 39.295793, "activity_lines": [ 5.520776, 5.583505, 5.654017, 5.793451 ] }, { "date": "2024-05-17", "close": 5.8026, "volume": 34242767, "typical_volume": 42546750.6, "trend": 5.97733, "fair_value": 7.075041, "relative_strength": -9.140566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.644896, "energy": 27.141835, "activity_lines": [ 5.618673, 5.618781, 5.658298, 5.779441 ] }, { "date": "2024-05-24", "close": 5.873797, "volume": 50215565, "typical_volume": 43564385.5, "trend": 5.950631, "fair_value": 7.073999, "relative_strength": -5.067886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.357289, "energy": 14.052617, "activity_lines": [ 5.729029, 5.661823, 5.670715, 5.772762 ] }, { "date": "2024-05-31", "close": 5.614419, "volume": 36976852, "typical_volume": 43740448.05, "trend": 5.921813, "fair_value": 7.072596, "relative_strength": -8.455255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.2985, "energy": 19.655726, "activity_lines": [ 5.722667, 5.653013, 5.660294, 5.751071 ] }, { "date": "2024-06-07", "close": 5.505047, "volume": 44689768, "typical_volume": 44215595.3, "trend": 5.885789, "fair_value": 7.069697, "relative_strength": -8.970164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.280394, "energy": 18.456017, "activity_lines": [ 5.660947, 5.627253, 5.641582, 5.724183 ] }, { "date": "2024-06-14", "close": 5.441247, "volume": 27813294, "typical_volume": 43744295.2, "trend": 5.850011, "fair_value": 7.066027, "relative_strength": -9.698981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.954762, "energy": 26.186518, "activity_lines": [ 5.574658, 5.593038, 5.619948, 5.695503 ] }, { "date": "2024-06-21", "close": 5.25896, "volume": 25233682, "typical_volume": 43053205.05, "trend": 5.81053, "fair_value": 7.061984, "relative_strength": -10.622596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.309163, "energy": 52.152905, "activity_lines": [ 5.445171, 5.535, 5.583607, 5.65737 ] }, { "date": "2024-06-28", "close": 5.222503, "volume": 25931353, "typical_volume": 42081065.6, "trend": 5.765088, "fair_value": 7.05684, "relative_strength": -8.932549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.938263, "energy": 63.064197, "activity_lines": [ 5.339774, 5.477144, 5.546763, 5.619433 ] }, { "date": "2024-07-05", "close": 5.122246, "volume": 19001537, "typical_volume": 39533429.4, "trend": 5.720754, "fair_value": 7.049681, "relative_strength": -9.01191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.162695, "energy": 70.053331, "activity_lines": [ 5.244378, 5.404649, 5.500464, 5.577959 ] }, { "date": "2024-07-12", "close": 5.012874, "volume": 20485368, "typical_volume": 37609640.85, "trend": 5.67574, "fair_value": 7.043423, "relative_strength": -12.367261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.57476, "energy": 74.119283, "activity_lines": [ 5.145335, 5.316062, 5.447963, 5.53229 ] }, { "date": "2024-07-19", "close": 5.268075, "volume": 20884862, "typical_volume": 35912737.65, "trend": 5.642496, "fair_value": 7.04025, "relative_strength": -8.237849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.505701, "energy": 63.262891, "activity_lines": [ 5.164172, 5.281923, 5.422934, 5.505989 ] }, { "date": "2024-07-26", "close": 5.104017, "volume": 25980025, "typical_volume": 35254782.05, "trend": 5.609717, "fair_value": 7.036415, "relative_strength": -7.714182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.114441, "energy": 57.174656, "activity_lines": [ 5.139867, 5.225893, 5.384233, 5.471248 ] }, { "date": "2024-08-02", "close": 5.249846, "volume": 20080193, "typical_volume": 34451424.25, "trend": 5.575866, "fair_value": 7.033013, "relative_strength": -4.335616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.999145, "energy": 39.660655, "activity_lines": [ 5.174501, 5.20908, 5.361391, 5.448031 ] }, { "date": "2024-08-09", "close": 5.231617, "volume": 17581022, "typical_volume": 32321851.6, "trend": 5.54823, "fair_value": 7.029606, "relative_strength": -2.70124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.369921, "energy": 28.536997, "activity_lines": [ 5.201236, 5.200297, 5.338554, 5.425821 ] }, { "date": "2024-08-16", "close": 5.06756, "volume": 15171275, "typical_volume": 31027581.5, "trend": 5.511566, "fair_value": 7.025259, "relative_strength": -5.062143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.671269, "energy": 36.077944, "activity_lines": [ 5.165994, 5.168646, 5.302685, 5.39481 ] }, { "date": "2024-08-23", "close": 4.903502, "volume": 14248077, "typical_volume": 30268215.05, "trend": 5.47507, "fair_value": 7.019971, "relative_strength": -6.005227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.468578, "energy": 41.83114, "activity_lines": [ 5.072421, 5.11512, 5.254098, 5.35558 ] }, { "date": "2024-08-30", "close": 5.031103, "volume": 18876046, "typical_volume": 29434518.0, "trend": 5.446683, "fair_value": 7.015112, "relative_strength": -5.194252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.801662, "energy": 41.56531, "activity_lines": [ 5.045686, 5.094571, 5.222666, 5.326937 ] }, { "date": "2024-09-06", "close": 4.958188, "volume": 15376515, "typical_volume": 28070689.75, "trend": 5.437226, "fair_value": 7.007835, "relative_strength": -3.695734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.360676, "energy": 57.374697, "activity_lines": [ 4.999506, 5.064908, 5.187158, 5.295421 ] }, { "date": "2024-09-13", "close": 4.839702, "volume": 15293418, "typical_volume": 25766214.65, "trend": 5.398306, "fair_value": 6.999074, "relative_strength": -3.992719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.180355, "energy": 64.666014, "activity_lines": [ 4.933276, 5.018508, 5.142564, 5.256871 ] }, { "date": "2024-09-20", "close": 4.79413, "volume": 13317412, "typical_volume": 25468962.15, "trend": 5.368843, "fair_value": 6.990466, "relative_strength": -5.674292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.447928, "energy": 64.507355, "activity_lines": [ 4.877982, 4.968959, 5.095969, 5.217892 ] }, { "date": "2024-09-27", "close": 5.331875, "volume": 37006312, "typical_volume": 24920267.15, "trend": 5.357306, "fair_value": 6.985696, "relative_strength": -10.537824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.607585, "energy": 29.338529, "activity_lines": [ 5.020165, 5.02116, 5.103738, 5.215507 ] }, { "date": "2024-10-04", "close": 5.732904, "volume": 25817439, "typical_volume": 24499000.75, "trend": 5.364476, "fair_value": 6.984332, "relative_strength": -12.596281, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.680006, "energy": 10.052614, "activity_lines": [ 5.267467, 5.145114, 5.151475, 5.239739 ] }, { "date": "2024-10-11", "close": 5.286304, "volume": 78284902, "typical_volume": 25902467.6, "trend": 5.353495, "fair_value": 6.979047, "relative_strength": -15.137887, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.644477, "energy": 18.680705, "activity_lines": [ 5.319115, 5.176434, 5.15701, 5.234696 ] }, { "date": "2024-10-18", "close": 5.277189, "volume": 42787362, "typical_volume": 26192993.1, "trend": 5.336872, "fair_value": 6.974316, "relative_strength": -17.216052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 10.971209, "energy": 23.060523, "activity_lines": [ 5.34585, 5.205435, 5.164475, 5.229773 ] }, { "date": "2024-10-25", "close": 5.377447, "volume": 42844983, "typical_volume": 26100753.85, "trend": 5.326853, "fair_value": 6.968724, "relative_strength": -17.231602, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.801678, "energy": 24.085021, "activity_lines": [ 5.376839, 5.251835, 5.183095, 5.232391 ] }, { "date": "2024-11-01", "close": 5.468589, "volume": 59562396, "typical_volume": 27688208.95, "trend": 5.310676, "fair_value": 6.962601, "relative_strength": -14.127616, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.700336, "energy": 27.234594, "activity_lines": [ 5.399321, 5.309172, 5.211002, 5.241535 ] }, { "date": "2024-11-08", "close": 5.742019, "volume": 96842831, "typical_volume": 31268666.4, "trend": 5.314293, "fair_value": 6.956281, "relative_strength": -15.126367, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.118441, "energy": 38.332007, "activity_lines": [ 5.503832, 5.405949, 5.26482, 5.269363 ] }, { "date": "2024-11-15", "close": 5.550619, "volume": 53915823, "typical_volume": 32667889.9, "trend": 5.31865, "fair_value": 6.952913, "relative_strength": -14.434707, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.784302, "energy": 38.290134, "activity_lines": [ 5.543935, 5.455001, 5.298109, 5.28461 ] }, { "date": "2024-11-22", "close": 5.486818, "volume": 45805825, "typical_volume": 34008104.3, "trend": 5.323847, "fair_value": 6.948188, "relative_strength": -12.569972, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.031316, "energy": 34.151708, "activity_lines": [ 5.54515, 5.481681, 5.323759, 5.29546 ] }, { "date": "2024-11-29", "close": 5.705562, "volume": 46885933, "typical_volume": 35328132.55, "trend": 5.332182, "fair_value": 6.945312, "relative_strength": -10.188334, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.397579, "energy": 43.433759, "activity_lines": [ 5.605304, 5.536367, 5.368506, 5.320087 ] }, { "date": "2024-12-06", "close": 5.787591, "volume": 86004605, "typical_volume": 38584119.7, "trend": 5.334945, "fair_value": 6.941401, "relative_strength": -10.045199, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.08674, "energy": 48.743875, "activity_lines": [ 5.670928, 5.589396, 5.417767, 5.349468 ] }, { "date": "2024-12-13", "close": 5.960763, "volume": 88381119, "typical_volume": 41704174.4, "trend": 5.340217, "fair_value": 6.939826, "relative_strength": -6.345568, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.436921, "energy": 56.336797, "activity_lines": [ 5.773008, 5.665625, 5.481046, 5.389843 ] }, { "date": "2024-12-20", "close": 5.577961, "volume": 66867478, "typical_volume": 44043538.65, "trend": 5.330356, "fair_value": 6.938082, "relative_strength": -11.401099, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.95085, "energy": 41.81105, "activity_lines": [ 5.732905, 5.66811, 5.503788, 5.405181 ] }, { "date": "2024-12-27", "close": 6.079249, "volume": 80415177, "typical_volume": 47185246.4, "trend": 5.34585, "fair_value": 6.939886, "relative_strength": -3.277147, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.292268, "energy": 53.693245, "activity_lines": [ 5.858075, 5.756436, 5.57271, 5.453497 ] }, { "date": "2025-01-03", "close": 5.19516, "volume": 230924774, "typical_volume": 57972921.35, "trend": 5.335521, "fair_value": 6.935409, "relative_strength": -10.584643, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.99909, "energy": 18.079938, "activity_lines": [ 5.649053, 5.669436, 5.553396, 5.443775 ] }, { "date": "2025-01-10", "close": 5.07536, "volume": 88784024, "typical_volume": 61699718.7, "trend": 5.323324, "fair_value": 6.930165, "relative_strength": -11.318132, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.817824, "energy": 12.248739, "activity_lines": [ 5.434125, 5.563968, 5.522065, 5.426991 ] }, { "date": "2025-01-17", "close": 5.353717, "volume": 75127736, "typical_volume": 64512303.2, "trend": 5.326483, "fair_value": 6.926816, "relative_strength": -9.344565, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.930645, "energy": 15.277858, "activity_lines": [ 5.359464, 5.51626, 5.516426, 5.428951 ] }, { "date": "2025-01-24", "close": 5.288766, "volume": 52450941, "typical_volume": 66366024.5, "trend": 5.328692, "fair_value": 6.921881, "relative_strength": -11.091156, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.024721, "energy": 23.66347, "activity_lines": [ 5.303623, 5.463803, 5.503065, 5.426518 ] }, { "date": "2025-01-31", "close": 5.372273, "volume": 13205514, "typical_volume": 66261629.3, "trend": 5.337026, "fair_value": 6.897867, "relative_strength": -8.036353, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.311548, "energy": 19.698618, "activity_lines": [ 5.294897, 5.43129, 5.496083, 5.42933 ] }, { "date": "2025-02-07", "close": 5.381552, "volume": 33831752, "typical_volume": 67287346.3, "trend": 5.349315, "fair_value": 6.881547, "relative_strength": -11.113751, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.762417, "energy": 14.687465, "activity_lines": [ 5.336396, 5.402547, 5.487449, 5.432202 ] }, { "date": "2025-02-14", "close": 5.400109, "volume": 56815512, "typical_volume": 68277806.3, "trend": 5.353716, "fair_value": 6.861891, "relative_strength": -11.716575, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.11746, "energy": 8.401779, "activity_lines": [ 5.371655, 5.383069, 5.477784, 5.435479 ] }, { "date": "2025-02-21", "close": 5.288766, "volume": 47575069, "typical_volume": 69365687.8, "trend": 5.359875, "fair_value": 6.840797, "relative_strength": -15.02375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.789466, "energy": 8.980264, "activity_lines": [ 5.348149, 5.350391, 5.457191, 5.431289 ] }, { "date": "2025-02-28", "close": 5.251652, "volume": 60776574, "typical_volume": 68490271.4, "trend": 5.359935, "fair_value": 6.826374, "relative_strength": -12.278817, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.326553, "energy": 10.648541, "activity_lines": [ 5.316602, 5.323184, 5.435177, 5.424307 ] }, { "date": "2025-03-07", "close": 5.279488, "volume": 47540891, "typical_volume": 68727947.85, "trend": 5.361531, "fair_value": 6.804886, "relative_strength": -13.403293, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.671338, "energy": 14.978451, "activity_lines": [ 5.296808, 5.306971, 5.41598, 5.419117 ] }, { "date": "2025-03-14", "close": 5.557844, "volume": 91256023, "typical_volume": 71148499.85, "trend": 5.377873, "fair_value": 6.783956, "relative_strength": -9.714329, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.737542, "energy": 4.167676, "activity_lines": [ 5.375985, 5.355909, 5.423282, 5.431782 ] }, { "date": "2025-03-21", "close": 5.446502, "volume": 69967652, "typical_volume": 71668762.65, "trend": 5.395973, "fair_value": 6.766993, "relative_strength": -8.821471, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.921126, "energy": 3.37448, "activity_lines": [ 5.406295, 5.378009, 5.419121, 5.43621 ] }, { "date": "2025-03-28", "close": 5.613516, "volume": 80165397, "typical_volume": 70834890.95, "trend": 5.415387, "fair_value": 6.750377, "relative_strength": -5.070591, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.606745, "energy": 19.883791, "activity_lines": [ 5.489183, 5.423727, 5.430971, 5.450245 ] }, { "date": "2025-04-04", "close": 5.697022, "volume": 60777440, "typical_volume": 71177971.8, "trend": 5.440015, "fair_value": 6.735689, "relative_strength": -1.16001, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.080621, "energy": 47.984034, "activity_lines": [ 5.578257, 5.479904, 5.451386, 5.468415 ] }, { "date": "2025-04-11", "close": 5.669187, "volume": 292125977, "typical_volume": 83493979.4, "trend": 5.467664, "fair_value": 6.720878, "relative_strength": 3.792707, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.368309, "energy": 50.894601, "activity_lines": [ 5.628361, 5.523598, 5.468453, 5.4832 ] }, { "date": "2025-04-18", "close": 5.502173, "volume": 94498570, "typical_volume": 85874611.25, "trend": 5.491266, "fair_value": 6.704662, "relative_strength": 1.354352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 18.359869, "energy": 35.399262, "activity_lines": [ 5.596814, 5.531527, 5.468746, 5.485427 ] }, { "date": "2025-04-25", "close": 5.632072, "volume": 120745072, "typical_volume": 87611634.6, "trend": 5.501272, "fair_value": 6.68744, "relative_strength": 2.314202, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 19.486538, "energy": 31.948711, "activity_lines": [ 5.612278, 5.560881, 5.482378, 5.494511 ] }, { "date": "2025-05-02", "close": 5.511451, "volume": 38174108, "typical_volume": 85101284.05, "trend": 5.493891, "fair_value": 6.672788, "relative_strength": 0.340151, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.603174, "energy": 14.751881, "activity_lines": [ 5.575164, 5.564086, 5.485263, 5.495168 ] }, { "date": "2025-05-09", "close": 5.557844, "volume": 53443635, "typical_volume": 84430091.9, "trend": 5.502942, "fair_value": 6.661777, "relative_strength": -0.955056, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.005805, "energy": 3.304814, "activity_lines": [ 5.560318, 5.571678, 5.494707, 5.499294 ] }, { "date": "2025-05-16", "close": 5.530009, "volume": 56960407, "typical_volume": 83257353.4, "trend": 5.511369, "fair_value": 6.644458, "relative_strength": -1.77658, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.036774, "energy": 5.838726, "activity_lines": [ 5.545473, 5.568641, 5.501595, 5.50104 ] }, { "date": "2025-05-23", "close": 5.446502, "volume": 60422883, "typical_volume": 74732258.85, "trend": 5.513671, "fair_value": 6.633234, "relative_strength": -2.518762, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.975584, "energy": 5.769373, "activity_lines": [ 5.51207, 5.545866, 5.503145, 5.496855 ] }, { "date": "2025-05-30", "close": 5.52073, "volume": 42324799, "typical_volume": 72409297.6, "trend": 5.515409, "fair_value": 6.623545, "relative_strength": -0.113853, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.398652, "energy": 3.521045, "activity_lines": [ 5.507122, 5.538612, 5.510568, 5.49731 ] }, { "date": "2025-06-06", "close": 5.604237, "volume": 54535496, "typical_volume": 71379685.6, "trend": 5.510816, "fair_value": 6.614113, "relative_strength": 0.128035, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.26849, "energy": 4.488574, "activity_lines": [ 5.537432, 5.545192, 5.523823, 5.503041 ] }, { "date": "2025-06-13", "close": 5.631371, "volume": 64201267, "typical_volume": 71967201.9, "trend": 5.513508, "fair_value": 6.604242, "relative_strength": 1.337623, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.974181, "energy": 10.981525, "activity_lines": [ 5.5706, 5.556873, 5.538469, 5.510819 ] }, { "date": "2025-06-20", "close": 5.441122, "volume": 42220292, "typical_volume": 73417940.8, "trend": 5.511985, "fair_value": 6.591089, "relative_strength": -0.813987, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.541593, "energy": 4.280849, "activity_lines": [ 5.535451, 5.535158, 5.533365, 5.506149 ] }, { "date": "2025-06-27", "close": 5.526734, "volume": 39490478, "typical_volume": 73700877.1, "trend": 5.506024, "fair_value": 6.579098, "relative_strength": -2.682303, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.885774, "energy": 13.122094, "activity_lines": [ 5.534765, 5.533154, 5.536087, 5.5071 ] }, { "date": "2025-07-04", "close": 5.574296, "volume": 39177090, "typical_volume": 72818956.0, "trend": 5.498914, "fair_value": 6.565295, "relative_strength": -2.860878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.692898, "energy": 14.485406, "activity_lines": [ 5.544584, 5.539352, 5.542647, 5.511505 ] }, { "date": "2025-07-11", "close": 5.697958, "volume": 60693861, "typical_volume": 73474895.6, "trend": 5.490154, "fair_value": 6.54805, "relative_strength": -2.329964, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.182314, "energy": 31.834314, "activity_lines": [ 5.592053, 5.569085, 5.560154, 5.524346 ] }, { "date": "2025-07-18", "close": 5.82162, "volume": 108910821, "typical_volume": 75881607.95, "trend": 5.498276, "fair_value": 6.532154, "relative_strength": -1.99973, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.914361, "energy": 59.537077, "activity_lines": [ 5.674494, 5.61791, 5.587491, 5.545731 ] }, { "date": "2025-07-25", "close": 5.964306, "volume": 82077399, "typical_volume": 77608433.35, "trend": 5.494445, "fair_value": 6.518004, "relative_strength": -1.676767, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.506341, "energy": 77.037707, "activity_lines": [ 5.791814, 5.687883, 5.625703, 5.575798 ] }, { "date": "2025-08-01", "close": 5.869182, "volume": 59010747, "typical_volume": 75996169.55, "trend": 5.516912, "fair_value": 6.503864, "relative_strength": -1.409915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.389944, "energy": 75.414409, "activity_lines": [ 5.842547, 5.732663, 5.651594, 5.599974 ] }, { "date": "2025-08-08", "close": 6.068944, "volume": 58407075, "typical_volume": 75418140.7, "trend": 5.550032, "fair_value": 6.4923, "relative_strength": 0.966857, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.98148, "energy": 84.040861, "activity_lines": [ 5.937038, 5.80608, 5.695027, 5.635589 ] }, { "date": "2025-08-15", "close": 6.068944, "volume": 79572375, "typical_volume": 75388489.6, "trend": 5.573872, "fair_value": 6.483609, "relative_strength": -3.130141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.801563, "energy": 80.653362, "activity_lines": [ 5.998552, 5.869528, 5.735497, 5.669068 ] }, { "date": "2025-08-22", "close": 6.049919, "volume": 69807779, "typical_volume": 75840006.55, "trend": 5.599244, "fair_value": 6.469388, "relative_strength": -7.313899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.015087, "energy": 73.344215, "activity_lines": [ 6.028992, 5.921068, 5.771986, 5.69978 ] }, { "date": "2025-08-29", "close": 6.049919, "volume": 109029497, "typical_volume": 66685182.55, "trend": 5.621832, "fair_value": 6.457195, "relative_strength": -10.780409, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.269026, "energy": 60.791877, "activity_lines": [ 6.044212, 5.964999, 5.806794, 5.728856 ] }, { "date": "2025-09-05", "close": 6.002356, "volume": 74592898, "typical_volume": 65689898.95, "trend": 5.642526, "fair_value": 6.445374, "relative_strength": -10.309732, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.19909, "energy": 48.803907, "activity_lines": [ 6.03787, 5.989212, 5.83526, 5.753406 ] }, { "date": "2025-09-12", "close": 6.17358, "volume": 78504045, "typical_volume": 63577847.6, "trend": 5.668308, "fair_value": 6.433354, "relative_strength": -9.71229, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.355568, "energy": 51.005444, "activity_lines": [ 6.079724, 6.035909, 5.877651, 5.787667 ] }, { "date": "2025-09-19", "close": 6.002356, "volume": 72575993, "typical_volume": 65297941.85, "trend": 5.692095, "fair_value": 6.416294, "relative_strength": -12.775506, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.812492, "energy": 40.913395, "activity_lines": [ 6.057528, 6.040579, 5.901156, 5.809219 ] }, { "date": "2025-09-26", "close": 5.937025, "volume": 64211645, "typical_volume": 65836342.35, "trend": 5.71494, "fair_value": 6.398082, "relative_strength": -14.279884, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.107185, "energy": 30.438925, "activity_lines": [ 6.017995, 6.027836, 5.916102, 5.825021 ] }, { "date": "2025-10-03", "close": 5.888678, "volume": 18583544, "typical_volume": 63917499.2, "trend": 5.735247, "fair_value": 6.382997, "relative_strength": -16.6401, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.718506, "energy": 23.455941, "activity_lines": [ 5.969872, 6.004204, 5.924637, 5.83623 ] }, { "date": "2025-10-10", "close": 5.975702, "volume": 24750093, "typical_volume": 62133859.7, "trend": 5.749175, "fair_value": 6.370498, "relative_strength": -14.077732, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.857761, "energy": 18.236531, "activity_lines": [ 5.961506, 5.99777, 5.939753, 5.851743 ] }, { "date": "2025-10-17", "close": 5.917686, "volume": 63535960, "typical_volume": 63194417.75, "trend": 5.764881, "fair_value": 6.360949, "relative_strength": -10.299848, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.010919, "energy": 18.068004, "activity_lines": [ 5.935579, 5.97885, 5.946823, 5.862615 ] }, { "date": "2025-10-24", "close": 6.033719, "volume": 57040755, "typical_volume": 63319680.7, "trend": 5.778888, "fair_value": 6.353665, "relative_strength": -12.502652, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.821501, "energy": 17.452252, "activity_lines": [ 5.965388, 5.983778, 5.963054, 5.879959 ] }, { "date": "2025-10-31", "close": 6.091736, "volume": 89040839, "typical_volume": 64561659.3, "trend": 5.792045, "fair_value": 6.339262, "relative_strength": -12.028533, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.120273, "energy": 28.403971, "activity_lines": [ 6.012446, 5.999895, 5.982765, 5.900143 ] }, { "date": "2025-11-07", "close": 6.217438, "volume": 63090804, "typical_volume": 65605184.9, "trend": 5.81032, "fair_value": 6.328763, "relative_strength": -10.217649, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.147735, "energy": 42.832832, "activity_lines": [ 6.091091, 6.038106, 6.012255, 5.927587 ] }, { "date": "2025-11-14", "close": 6.401157, "volume": 77536430, "typical_volume": 67507482.5, "trend": 5.840286, "fair_value": 6.320342, "relative_strength": -6.137624, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.157597, "energy": 68.831905, "activity_lines": [ 6.209058, 6.106675, 6.055546, 5.965706 ] }, { "date": "2025-11-21", "close": 5.966033, "volume": 73934955, "typical_volume": 69245375.75, "trend": 5.851418, "fair_value": 6.305696, "relative_strength": -7.616243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.271428, "energy": 46.618063, "activity_lines": [ 6.15362, 6.08888, 6.053232, 5.973819 ] }, { "date": "2025-11-28", "close": 5.985372, "volume": 63139916, "typical_volume": 69367678.5, "trend": 5.867216, "fair_value": 6.288302, "relative_strength": -10.243496, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.654173, "energy": 31.031738, "activity_lines": [ 6.101405, 6.078374, 6.050895, 5.982461 ] }, { "date": "2025-12-05", "close": 5.879008, "volume": 58486477, "typical_volume": 66846461.3, "trend": 5.877921, "fair_value": 6.267804, "relative_strength": -12.643882, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.139507, "energy": 10.014702, "activity_lines": [ 6.016959, 6.048838, 6.037059, 5.983222 ] }, { "date": "2025-12-12", "close": 5.762975, "volume": 58725034, "typical_volume": 65678843.05, "trend": 5.885687, "fair_value": 6.248027, "relative_strength": -14.692528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.440302, "energy": 19.064174, "activity_lines": [ 5.908016, 5.999261, 6.011899, 5.975806 ] }, { "date": "2025-12-19", "close": 5.908017, "volume": 56708499, "typical_volume": 65563730.65, "trend": 5.901071, "fair_value": 6.228672, "relative_strength": -11.511211, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.705387, "energy": 22.777686, "activity_lines": [ 5.877719, 5.97834, 6.001512, 5.977246 ] }, { "date": "2025-12-26", "close": 5.917686, "volume": 53346919, "typical_volume": 65310722.85, "trend": 5.914303, "fair_value": 6.210844, "relative_strength": -13.946783, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.940442, "energy": 22.237835, "activity_lines": [ 5.883521, 5.960407, 5.99186, 5.978318 ] }, { "date": "2026-01-02", "close": 5.869339, "volume": 30693572, "typical_volume": 62866782.7, "trend": 5.923139, "fair_value": 6.193156, "relative_strength": -13.854036, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.364801, "energy": 27.572592, "activity_lines": [ 5.87643, 5.933685, 5.978324, 5.975417 ] }, { "date": "2026-01-09", "close": 5.917686, "volume": 58160897, "typical_volume": 62284438.6, "trend": 5.932683, "fair_value": 6.180059, "relative_strength": -16.489533, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.636674, "energy": 15.37231, "activity_lines": [ 5.89319, 5.918741, 5.970343, 5.975066 ] }, { "date": "2026-01-16", "close": 5.975702, "volume": 77011984, "typical_volume": 60683562.95, "trend": 5.950502, "fair_value": 6.166771, "relative_strength": -16.273183, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.762804, "energy": 6.902966, "activity_lines": [ 5.926711, 5.91751, 5.968517, 5.977841 ] }, { "date": "2026-01-23", "close": 6.101405, "volume": 74089355, "typical_volume": 60658385.8, "trend": 5.969658, "fair_value": 6.154683, "relative_strength": -15.152729, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.534996, "energy": 9.388513, "activity_lines": [ 5.98795, 5.94353, 5.979017, 5.987577 ] }, { "date": "2026-01-30", "close": 6.265785, "volume": 105929369, "typical_volume": 62029652.0, "trend": 5.992708, "fair_value": 6.143029, "relative_strength": -11.131323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.008198, "energy": 34.354358, "activity_lines": [ 6.091091, 6.004887, 6.0047, 6.006682 ] }, { "date": "2026-02-06", "close": 6.198099, "volume": 90425329, "typical_volume": 62922118.8, "trend": 6.009379, "fair_value": 6.130434, "relative_strength": -9.979963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.73056, "energy": 49.894483, "activity_lines": [ 6.148463, 6.048487, 6.023497, 6.019933 ] }, { "date": "2026-02-13", "close": 5.985372, "volume": 63399978, "typical_volume": 62881535.45, "trend": 6.014838, "fair_value": 6.115969, "relative_strength": -14.002169, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.416734, "energy": 40.594466, "activity_lines": [ 6.113008, 6.049542, 6.021103, 6.018384 ] }, { "date": "2026-02-27", "close": 6.246446, "volume": 53360508, "typical_volume": 64620383.65, "trend": 6.024242, "fair_value": 6.103515, "relative_strength": -12.524932, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.175637, "energy": 58.383693, "activity_lines": [ 6.160066, 6.096131, 6.043342, 6.033326 ] }, { "date": "2026-03-06", "close": 6.256115, "volume": 98019933, "typical_volume": 68283875.65, "trend": 6.03714, "fair_value": 6.092531, "relative_strength": -10.208693, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.866991, "energy": 51.549683, "activity_lines": [ 6.192297, 6.135687, 6.064799, 6.048286 ] }, { "date": "2026-03-13", "close": 6.265785, "volume": 106270245, "typical_volume": 70420589.9, "trend": 6.043701, "fair_value": 6.079694, "relative_strength": -10.582664, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.986688, "energy": 44.539186, "activity_lines": [ 6.217438, 6.170673, 6.085842, 6.063037 ] }, { "date": "2026-03-20", "close": 5.917686, "volume": 71872311, "typical_volume": 71162167.7, "trend": 6.038659, "fair_value": 6.066654, "relative_strength": -12.75357, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.068678, "energy": 17.932779, "activity_lines": [ 6.126545, 6.136039, 6.072074, 6.054907 ] }, { "date": "2026-03-27", "close": 5.898347, "volume": 79143070, "typical_volume": 70667279.25, "trend": 6.033607, "fair_value": 6.054841, "relative_strength": -12.090056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.518375, "energy": 9.282401, "activity_lines": [ 6.047901, 6.09701, 6.057018, 6.045855 ] }, { "date": "2026-04-03", "close": 5.695289, "volume": 67354586, "typical_volume": 70880468.35, "trend": 6.021786, "fair_value": 6.042684, "relative_strength": -12.17049, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.495931, "energy": 29.222302, "activity_lines": [ 5.907372, 6.021412, 6.023543, 6.024028 ] }, { "date": "2026-04-10", "close": 5.811322, "volume": 53354504, "typical_volume": 69671372.05, "trend": 6.015418, "fair_value": 6.03037, "relative_strength": -15.894112, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.365899, "energy": 41.111894, "activity_lines": [ 5.842264, 5.97201, 6.003606, 6.010449 ] }, { "date": "2026-04-17", "close": 5.898347, "volume": 51731272, "typical_volume": 68561187.9, "trend": 6.006244, "fair_value": 6.018163, "relative_strength": -17.344359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.3397, "energy": 47.169629, "activity_lines": [ 5.835818, 5.943705, 5.994765, 6.002896 ] }, { "date": "2026-04-24", "close": 5.956363, "volume": 50672327, "typical_volume": 67937808.45, "trend": 6.004711, "fair_value": 6.005877, "relative_strength": -16.28784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.990524, "energy": 41.673508, "activity_lines": [ 5.873206, 5.932629, 5.991772, 5.999678 ] }, { "date": "2026-05-01", "close": 6.18843, "volume": 61872984, "typical_volume": 68107133.8, "trend": 6.013091, "fair_value": 5.996881, "relative_strength": -13.435866, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.548589, "energy": 7.758886, "activity_lines": [ 5.985372, 5.968143, 6.011019, 6.011531 ] }, { "date": "2026-05-08", "close": 6.198099, "volume": 47509591, "typical_volume": 67546361.65, "trend": 6.023405, "fair_value": 5.989469, "relative_strength": -15.296642, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.02851, "energy": 18.215516, "activity_lines": [ 6.081421, 6.001722, 6.029713, 6.023467 ] }, { "date": "2026-05-15", "close": 6.072397, "volume": 75288380, "typical_volume": 68475355.7, "trend": 6.026628, "fair_value": 5.977814, "relative_strength": -16.459584, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.684771, "energy": 15.109742, "activity_lines": [ 6.10205, 6.013325, 6.034364, 6.026628 ] }, { "date": "2026-05-22", "close": 5.937025, "volume": 62983895, "typical_volume": 68957204.5, "trend": 6.027273, "fair_value": 5.966137, "relative_strength": -17.960914, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.169501, "energy": 9.623359, "activity_lines": [ 6.060149, 6.003656, 6.025339, 6.020847 ] }, { "date": "2026-05-29", "close": 5.79, "volume": 49138079, "typical_volume": 69879429.85, "trend": 6.019149, "fair_value": 5.954756, "relative_strength": -19.324296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.055566, "energy": 20.131981, "activity_lines": [ 5.966661, 5.973232, 6.00222, 6.005539 ] }, { "date": "2026-06-05", "close": 5.65, "volume": 10043898, "typical_volume": 67473579.9, "trend": 6.004424, "fair_value": 5.942478, "relative_strength": -19.32717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.956446, "energy": 46.703634, "activity_lines": [ 5.837598, 5.919675, 5.966145, 5.981723 ] }, { "date": "2026-06-12", "close": 5.52, "volume": 27122234, "typical_volume": 64979092.4, "trend": 5.981176, "fair_value": 5.930662, "relative_strength": -18.712889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.434984, "energy": 65.337178, "activity_lines": [ 5.701096, 5.846998, 5.918964, 5.95047 ] }, { "date": "2026-06-19", "close": 5.23, "volume": 59404634, "typical_volume": 64244856.35, "trend": 5.942138, "fair_value": 5.914959, "relative_strength": -27.403171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.790143, "energy": 81.592986, "activity_lines": [ 5.513135, 5.72478, 5.846334, 5.902007 ] }, { "date": "2026-06-26", "close": 5.03, "volume": 15235386, "typical_volume": 59710157.2, "trend": 5.910937, "fair_value": 5.89927, "relative_strength": -28.390198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.828251, "energy": 91.308316, "activity_lines": [ 5.314667, 5.576768, 5.758806, 5.843159 ] }, { "date": "2026-07-03", "close": 5.44, "volume": 11583841, "typical_volume": 55768082.8, "trend": 5.892758, "fair_value": 5.887561, "relative_strength": -21.008946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.405748, "energy": 81.431343, "activity_lines": [ 5.313333, 5.519089, 5.71621, 5.812776 ] }, { "date": "2026-07-10", "close": 5.32, "volume": 52452530, "typical_volume": 55220710.4, "trend": 5.874124, "fair_value": 5.877391, "relative_strength": -19.301743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.795102, "energy": 79.001207, "activity_lines": [ 5.295333, 5.448981, 5.665795, 5.775824 ] }, { "date": "2026-07-17", "close": 6.19, "volume": 160834352, "typical_volume": 60594402.6, "trend": 5.888358, "fair_value": 5.872116, "relative_strength": 3.441298, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.472611, "energy": 20.721862, "activity_lines": [ 5.589333, 5.552844, 5.701407, 5.796203 ] }, { "date": "2026-07-24", "close": 5.91, "volume": 112216125, "typical_volume": 61304212.2, "trend": 5.888424, "fair_value": 5.86419, "relative_strength": -1.27001, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.645774, "energy": 19.382971, "activity_lines": [ 5.745333, 5.605946, 5.71062, 5.7976 ] }, { "date": "2026-07-31", "close": 6.14, "volume": 60895618, "typical_volume": 59035480.85, "trend": 5.895835, "fair_value": 5.855799, "relative_strength": 4.429296, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.678484, "energy": 27.224606, "activity_lines": [ 5.932667, 5.703818, 5.743386, 5.81383 ] }, { "date": "2026-08-07", "close": 6.19, "volume": 74450119, "typical_volume": 59164371.25, "trend": 5.906523, "fair_value": 5.846701, "relative_strength": 0.346244, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.67998, "energy": 37.609357, "activity_lines": [ 6.062667, 5.807091, 5.781513, 5.832809 ] } ], "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." } } }