{ "ticker": { "uuid": "7f44bae6-4079-462d-a31b-92b05179b5a2", "symbol": "002660", "name": "Moso Power Supply Technology 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": -63.52, "architecture_energy": 57.447, "architecture_maturity": 93.677, "architecture_confidence": 94.67, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.88, "rotation_up": 26.29, "upward_expansion": 10.12, "deceleration": 60.93, "rotation_down": 54.29, "downward_expansion": 83.46 }, "activity_lines": [ 6.518, 6.569818, 7.161429, 7.630022 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 6.92, "trend_reference": 8.250333, "distance_from_trend": -0.161246, "trend_direction": "Weakening", "fair_value": 8.783494, "distance_from_fair_value": -0.212159, "fair_value_direction": "Weakening", "relative_strength": -25.600427, "relative_strength_direction": "Weakening", "price_momentum": -0.269271, "excess_performance": -0.276671, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.161246, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103484, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.212159, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.21496, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.256004, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023451, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.269271, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.312549, "read": "Supply-led" } ], "volume": { "latest": 37617600, "relative_activity": 1.663802, "balance": 0.312549, "dry_up": 1.363972, "accumulation_observations": 2, "distribution_observations": 7 }, "risk": { "range_context": 0.086594, "annualized_volatility": 0.330658, "from_high_reference": -0.39245, "from_low_reference": 0.193103 }, "levels": { "trend_reference": 8.250333, "fair_value_reference": 8.783494, "structural_low": 5.8, "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": 19, "median_return": 0.011777, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.019718, "regime_survival": 0.736842, "best_return": 0.185648, "worst_return": -0.186851, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.105984, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.013009, "regime_survival": 0.375, "best_return": 0.418097, "worst_return": -0.237819, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.156844, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.114642, "regime_survival": 0.166667, "best_return": 0.521127, "worst_return": -0.120548, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.387693, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.035289, "regime_survival": 0.333333, "best_return": 0.464899, "worst_return": -0.166464, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-10", "end": "2023-11-17", "tenure": "New", "return": -0.046033, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-24", "end": "2024-02-09", "tenure": "Developing", "return": -0.33541, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-02-23", "end": "2024-03-01", "tenure": "New", "return": 0.054987, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-08", "end": "2024-10-04", "tenure": "Extended", "return": 0.04791, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.027883, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-04-18", "tenure": "Established", "return": 0.006977, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.038857, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-23", "end": "2025-05-23", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.053958, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": 0.101911, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": 0.078973, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.091866, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2026-03-20", "tenure": "Established", "return": -0.089267, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-08-07", "tenure": "Established", "return": -0.197216, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.991815, "volume": 29863914, "typical_volume": 47425178.65, "trend": 8.928927, "fair_value": 7.918851, "relative_strength": 7.541246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.198973, "energy": 25.841241, "activity_lines": [ 9.261277, 9.259496, 9.112878, 9.066477 ] }, { "date": "2023-08-04", "close": 8.835606, "volume": 24174000, "typical_volume": 46533464.05, "trend": 8.966201, "fair_value": 7.917166, "relative_strength": 4.148835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.510984, "energy": 10.294312, "activity_lines": [ 9.093351, 9.187965, 9.095557, 9.060456 ] }, { "date": "2023-08-11", "close": 8.493896, "volume": 18042825, "typical_volume": 45229714.0, "trend": 8.986612, "fair_value": 7.917128, "relative_strength": 3.850637, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -17.292062, "energy": 22.99648, "activity_lines": [ 8.849274, 9.058559, 9.045059, 9.029985 ] }, { "date": "2023-08-18", "close": 8.532948, "volume": 14680803, "typical_volume": 44250412.1, "trend": 9.00768, "fair_value": 7.916474, "relative_strength": 7.411803, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.336869, "energy": 44.191377, "activity_lines": [ 8.681999, 8.949035, 9.001574, 9.000716 ] }, { "date": "2023-08-25", "close": 8.064321, "volume": 21970627, "typical_volume": 43937488.45, "trend": 8.999284, "fair_value": 7.912383, "relative_strength": 4.564044, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.447037, "energy": 73.44745, "activity_lines": [ 8.439874, 8.762471, 8.915185, 8.939854 ] }, { "date": "2023-09-01", "close": 8.640344, "volume": 21418100, "typical_volume": 40508686.15, "trend": 9.00558, "fair_value": 7.91025, "relative_strength": 8.173047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.58623, "energy": 64.521396, "activity_lines": [ 8.45875, 8.702472, 8.886051, 8.916697 ] }, { "date": "2023-09-08", "close": 8.806316, "volume": 18937120, "typical_volume": 34220072.05, "trend": 8.968472, "fair_value": 7.902433, "relative_strength": 11.886322, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.356164, "energy": 50.312997, "activity_lines": [ 8.556381, 8.680638, 8.878677, 8.903841 ] }, { "date": "2023-09-15", "close": 8.445081, "volume": 14363600, "typical_volume": 31655464.4, "trend": 8.936707, "fair_value": 7.898739, "relative_strength": 8.612342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.729017, "energy": 37.882774, "activity_lines": [ 8.535553, 8.603954, 8.835394, 8.870074 ] }, { "date": "2023-09-22", "close": 8.552475, "volume": 17342000, "typical_volume": 31826578.75, "trend": 8.900796, "fair_value": 7.891771, "relative_strength": 9.396251, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.654459, "energy": 27.420011, "activity_lines": [ 8.553777, 8.565079, 8.801909, 8.845285 ] }, { "date": "2023-09-29", "close": 8.669633, "volume": 9646825, "typical_volume": 30611730.05, "trend": 8.877483, "fair_value": 7.893356, "relative_strength": 11.205376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.733277, "energy": 21.574954, "activity_lines": [ 8.609752, 8.569339, 8.778365, 8.830371 ] }, { "date": "2023-10-13", "close": 9.108973, "volume": 22068325, "typical_volume": 29170615.15, "trend": 8.883303, "fair_value": 7.893422, "relative_strength": 16.688873, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.398231, "energy": 10.945603, "activity_lines": [ 8.77182, 8.66129, 8.795901, 8.845306 ] }, { "date": "2023-10-20", "close": 8.737973, "volume": 19398437, "typical_volume": 28490299.3, "trend": 8.884483, "fair_value": 7.889748, "relative_strength": 17.000945, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.42345, "energy": 16.81936, "activity_lines": [ 8.778979, 8.683656, 8.778375, 8.83593 ] }, { "date": "2023-10-27", "close": 8.65987, "volume": 19349256, "typical_volume": 28298042.4, "trend": 8.866961, "fair_value": 7.889165, "relative_strength": 12.977437, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.751826, "energy": 18.308563, "activity_lines": [ 8.76466, 8.693597, 8.75499, 8.821439 ] }, { "date": "2023-11-03", "close": 8.972288, "volume": 20960200, "typical_volume": 28167590.15, "trend": 8.869512, "fair_value": 7.884888, "relative_strength": 15.509845, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.304931, "energy": 14.279231, "activity_lines": [ 8.840161, 8.757323, 8.763916, 8.828234 ] }, { "date": "2023-11-10", "close": 9.968124, "volume": 48640464, "typical_volume": 29228957.15, "trend": 8.916205, "fair_value": 7.886252, "relative_strength": 25.900677, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.976339, "energy": 47.083836, "activity_lines": [ 9.21962, 8.994122, 8.86773, 8.899112 ] }, { "date": "2023-11-17", "close": 9.509258, "volume": 131326678, "typical_volume": 34951307.6, "trend": 8.903493, "fair_value": 7.889008, "relative_strength": 19.472047, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.709711, "energy": 58.88398, "activity_lines": [ 9.359558, 9.112877, 8.924496, 8.937373 ] }, { "date": "2023-11-24", "close": 9.401865, "volume": 66583171, "typical_volume": 34497263.65, "trend": 8.933886, "fair_value": 7.890767, "relative_strength": 19.147841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.158128, "energy": 60.285602, "activity_lines": [ 9.437012, 9.196307, 8.968988, 8.969526 ] }, { "date": "2023-12-01", "close": 9.411629, "volume": 40876297, "typical_volume": 33946159.35, "trend": 8.969112, "fair_value": 7.890916, "relative_strength": 20.028028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.052314, "energy": 66.095727, "activity_lines": [ 9.473461, 9.270684, 9.014409, 9.000349 ] }, { "date": "2023-12-08", "close": 9.362812, "volume": 40682628, "typical_volume": 32706293.95, "trend": 9.004642, "fair_value": 7.89261, "relative_strength": 20.740278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.020188, "energy": 45.004356, "activity_lines": [ 9.443521, 9.318612, 9.055368, 9.025749 ] }, { "date": "2023-12-15", "close": 9.850967, "volume": 89166984, "typical_volume": 34474612.7, "trend": 9.049361, "fair_value": 7.89929, "relative_strength": 28.28835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.47309, "energy": 42.086633, "activity_lines": [ 9.550264, 9.440562, 9.144677, 9.08035 ] }, { "date": "2023-12-22", "close": 10.046229, "volume": 246448492, "typical_volume": 45303841.6, "trend": 9.078696, "fair_value": 7.906913, "relative_strength": 31.90775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.441802, "energy": 44.057427, "activity_lines": [ 9.729905, 9.576535, 9.249003, 9.144664 ] }, { "date": "2023-12-29", "close": 12.086718, "volume": 218179591, "typical_volume": 55004121.15, "trend": 9.179266, "fair_value": 7.929597, "relative_strength": 51.651852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.245398, "energy": 80.990223, "activity_lines": [ 10.553911, 10.066466, 9.542639, 9.33873 ] }, { "date": "2024-01-05", "close": 10.387938, "volume": 256476647, "typical_volume": 66925812.25, "trend": 9.21897, "fair_value": 7.945477, "relative_strength": 34.697001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.384977, "energy": 59.022934, "activity_lines": [ 10.632666, 10.186641, 9.659006, 9.416709 ] }, { "date": "2024-01-12", "close": 9.880257, "volume": 128376692, "typical_volume": 72610606.7, "trend": 9.24891, "fair_value": 7.960085, "relative_strength": 28.662325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.468456, "energy": 48.545411, "activity_lines": [ 10.477108, 10.18309, 9.718003, 9.459373 ] }, { "date": "2024-01-19", "close": 9.060156, "volume": 85849638, "typical_volume": 75804557.25, "trend": 9.242076, "fair_value": 7.969559, "relative_strength": 19.880091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.625203, "energy": 25.245462, "activity_lines": [ 10.013686, 10.013922, 9.69248, 9.447195 ] }, { "date": "2024-01-26", "close": 8.669633, "volume": 72909536, "typical_volume": 78379129.05, "trend": 9.228407, "fair_value": 7.975354, "relative_strength": 14.248174, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.998595, "energy": 14.259169, "activity_lines": [ 9.47281, 9.790259, 9.625021, 9.410263 ] }, { "date": "2024-02-02", "close": 6.9318, "volume": 58086349, "typical_volume": 80336590.5, "trend": 9.146072, "fair_value": 7.973166, "relative_strength": -1.006664, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -39.081271, "energy": 37.100999, "activity_lines": [ 8.44443, 9.265891, 9.391916, 9.262095 ] }, { "date": "2024-02-09", "close": 6.248384, "volume": 78101818, "typical_volume": 83523501.4, "trend": 9.039328, "fair_value": 7.97056, "relative_strength": -18.51705, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -45.642015, "energy": 57.303266, "activity_lines": [ 7.531906, 8.662177, 9.102649, 9.075147 ] }, { "date": "2024-02-23", "close": 7.634744, "volume": 83338211, "typical_volume": 86823311.95, "trend": 8.968709, "fair_value": 7.976656, "relative_strength": -3.198598, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.259147, "energy": 61.619708, "activity_lines": [ 7.357472, 8.368041, 8.955877, 8.984529 ] }, { "date": "2024-03-01", "close": 8.054558, "volume": 77491272, "typical_volume": 90215534.3, "trend": 8.933887, "fair_value": 7.985875, "relative_strength": -1.941952, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.107063, "energy": 67.914152, "activity_lines": [ 7.472677, 8.181655, 8.853458, 8.925552 ] }, { "date": "2024-03-08", "close": 7.986216, "volume": 61176010, "typical_volume": 92170918.55, "trend": 8.900367, "fair_value": 7.998991, "relative_strength": -2.168772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.878744, "energy": 47.415742, "activity_lines": [ 7.632141, 8.015505, 8.747458, 8.864412 ] }, { "date": "2024-03-15", "close": 8.181478, "volume": 102573270, "typical_volume": 96329660.2, "trend": 8.878563, "fair_value": 8.012492, "relative_strength": -2.448122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.114157, "energy": 28.598395, "activity_lines": [ 7.902253, 7.922312, 8.665402, 8.818032 ] }, { "date": "2024-03-22", "close": 8.386502, "volume": 69663054, "typical_volume": 98845350.1, "trend": 8.874983, "fair_value": 8.02452, "relative_strength": 0.277755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.392595, "energy": 19.137057, "activity_lines": [ 8.157395, 7.9374, 8.605522, 8.786286 ] }, { "date": "2024-03-29", "close": 8.874658, "volume": 57053824, "typical_volume": 100650031.3, "trend": 8.886373, "fair_value": 8.039369, "relative_strength": 7.566001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.36684, "energy": 17.10487, "activity_lines": [ 8.432715, 8.077634, 8.593434, 8.786265 ] }, { "date": "2024-04-05", "close": 8.806316, "volume": 157641389, "typical_volume": 106100077.55, "trend": 8.911106, "fair_value": 8.052169, "relative_strength": 4.822489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.953528, "energy": 18.279644, "activity_lines": [ 8.602593, 8.223725, 8.575302, 8.7811 ] }, { "date": "2024-04-12", "close": 8.113136, "volume": 79945364, "typical_volume": 103531011.85, "trend": 8.893533, "fair_value": 8.061703, "relative_strength": -0.37839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.832573, "energy": 19.947798, "activity_lines": [ 8.491293, 8.248399, 8.496686, 8.729618 ] }, { "date": "2024-04-19", "close": 7.078248, "volume": 84053836, "typical_volume": 104404545.1, "trend": 8.835931, "fair_value": 8.064354, "relative_strength": -13.65394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.461846, "energy": 29.764102, "activity_lines": [ 8.02657, 8.09503, 8.326158, 8.612503 ] }, { "date": "2024-04-26", "close": 7.517586, "volume": 41672726, "typical_volume": 104444366.55, "trend": 8.805014, "fair_value": 8.068894, "relative_strength": -9.995983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.207815, "energy": 42.782705, "activity_lines": [ 7.781841, 8.018878, 8.208535, 8.527448 ] }, { "date": "2024-05-03", "close": 7.771427, "volume": 16045026, "typical_volume": 103212486.45, "trend": 8.778979, "fair_value": 8.075803, "relative_strength": -8.290813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.396146, "energy": 50.716969, "activity_lines": [ 7.679654, 7.965802, 8.124108, 8.460765 ] }, { "date": "2024-05-10", "close": 7.878821, "volume": 32056200, "typical_volume": 100356947.25, "trend": 8.752619, "fair_value": 8.083339, "relative_strength": -8.54531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.561934, "energy": 53.627701, "activity_lines": [ 7.686814, 7.929767, 8.057486, 8.40269 ] }, { "date": "2024-05-17", "close": 7.859295, "volume": 27791570, "typical_volume": 89424101.15, "trend": 8.710963, "fair_value": 8.090564, "relative_strength": -8.700589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.118946, "energy": 43.604098, "activity_lines": [ 7.749297, 7.893377, 7.998396, 8.345057 ] }, { "date": "2024-05-24", "close": 7.839769, "volume": 28011416, "typical_volume": 79915692.4, "trend": 8.681023, "fair_value": 8.098036, "relative_strength": -6.294148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.697685, "energy": 29.821739, "activity_lines": [ 7.822195, 7.855745, 7.94786, 8.288851 ] }, { "date": "2024-05-31", "close": 7.917873, "volume": 35464400, "typical_volume": 68865080.05, "trend": 8.65629, "fair_value": 8.108299, "relative_strength": -4.791601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.481677, "energy": 22.631279, "activity_lines": [ 7.87036, 7.838526, 7.924987, 8.239615 ] }, { "date": "2024-06-07", "close": 7.097774, "volume": 39274007, "typical_volume": 64409945.8, "trend": 8.593806, "fair_value": 8.113057, "relative_strength": -13.529805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.031849, "energy": 38.530804, "activity_lines": [ 7.618472, 7.680719, 7.835771, 8.139066 ] }, { "date": "2024-06-14", "close": 7.557673, "volume": 20624500, "typical_volume": 61148688.9, "trend": 8.513457, "fair_value": 8.119649, "relative_strength": -7.854138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.621256, "energy": 34.522099, "activity_lines": [ 7.564794, 7.638837, 7.803605, 8.072218 ] }, { "date": "2024-06-21", "close": 7.251013, "volume": 22169900, "typical_volume": 58611707.1, "trend": 8.438182, "fair_value": 8.124956, "relative_strength": -9.702144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.771935, "energy": 46.855949, "activity_lines": [ 7.430306, 7.563901, 7.749387, 7.99077 ] }, { "date": "2024-06-28", "close": 7.340043, "volume": 24891700, "typical_volume": 56951974.65, "trend": 8.369455, "fair_value": 8.130215, "relative_strength": -6.381158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.058245, "energy": 51.406294, "activity_lines": [ 7.366047, 7.520828, 7.710404, 7.919923 ] }, { "date": "2024-07-05", "close": 6.97403, "volume": 20969000, "typical_volume": 54095333.75, "trend": 8.288202, "fair_value": 8.12836, "relative_strength": -9.445448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.397281, "energy": 56.110161, "activity_lines": [ 7.213099, 7.406446, 7.634619, 7.829895 ] }, { "date": "2024-07-12", "close": 7.072953, "volume": 21919700, "typical_volume": 51024408.2, "trend": 8.211873, "fair_value": 8.12943, "relative_strength": -9.699814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.716648, "energy": 56.539206, "activity_lines": [ 7.156048, 7.319934, 7.564799, 7.751492 ] }, { "date": "2024-07-19", "close": 6.795969, "volume": 22153700, "typical_volume": 48257529.6, "trend": 8.11004, "fair_value": 8.124452, "relative_strength": -13.518337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.00265, "energy": 67.627579, "activity_lines": [ 7.008323, 7.19576, 7.471276, 7.660144 ] }, { "date": "2024-07-26", "close": 6.786077, "volume": 15628900, "typical_volume": 45980174.1, "trend": 8.001368, "fair_value": 8.119287, "relative_strength": -10.392466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.699986, "energy": 70.66842, "activity_lines": [ 6.908082, 7.089476, 7.382803, 7.574727 ] }, { "date": "2024-08-02", "close": 6.845431, "volume": 15290400, "typical_volume": 41616030.6, "trend": 7.826659, "fair_value": 8.116422, "relative_strength": -9.065522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.751846, "energy": 62.139332, "activity_lines": [ 6.85862, 7.013497, 7.305698, 7.50015 ] }, { "date": "2024-08-09", "close": 6.756401, "volume": 15693000, "typical_volume": 38917527.9, "trend": 7.705607, "fair_value": 8.112924, "relative_strength": -8.528753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.511481, "energy": 60.128018, "activity_lines": [ 6.812457, 6.939409, 7.226477, 7.431101 ] }, { "date": "2024-08-16", "close": 6.983922, "volume": 16967702, "typical_volume": 36913221.8, "trend": 7.609063, "fair_value": 8.109027, "relative_strength": -5.056285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.582223, "energy": 43.196086, "activity_lines": [ 6.856642, 6.927806, 7.176686, 7.384541 ] }, { "date": "2024-08-23", "close": 6.608017, "volume": 19152701, "typical_volume": 29988787.4, "trend": 7.527325, "fair_value": 8.101668, "relative_strength": -8.366185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.475373, "energy": 44.019498, "activity_lines": [ 6.781461, 6.849927, 7.100098, 7.319957 ] }, { "date": "2024-08-30", "close": 7.112522, "volume": 30445300, "typical_volume": 27513784.2, "trend": 7.475421, "fair_value": 8.096553, "relative_strength": -3.413955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.987159, "energy": 28.652302, "activity_lines": [ 6.886978, 6.881043, 7.082027, 7.293196 ] }, { "date": "2024-09-06", "close": 7.023491, "volume": 40192002, "typical_volume": 25320692.5, "trend": 7.478478, "fair_value": 8.090495, "relative_strength": -2.213626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.126991, "energy": 23.639674, "activity_lines": [ 6.941056, 6.898489, 7.060241, 7.264039 ] }, { "date": "2024-09-13", "close": 6.914677, "volume": 69205200, "typical_volume": 26697316.2, "trend": 7.500687, "fair_value": 8.079777, "relative_strength": -2.03943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.530371, "energy": 21.715428, "activity_lines": [ 6.946991, 6.901907, 7.028352, 7.227665 ] }, { "date": "2024-09-20", "close": 7.241121, "volume": 24910201, "typical_volume": 27140574.95, "trend": 7.487567, "fair_value": 8.078396, "relative_strength": 1.333102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.925895, "energy": 16.616997, "activity_lines": [ 7.05119, 6.965757, 7.030425, 7.210918 ] }, { "date": "2024-09-27", "close": 7.725841, "volume": 50696565, "typical_volume": 28072593.2, "trend": 7.476609, "fair_value": 8.080122, "relative_strength": -8.202169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.404635, "energy": 13.084371, "activity_lines": [ 7.299815, 7.11468, 7.081187, 7.226291 ] }, { "date": "2024-10-04", "close": 8.368836, "volume": 25308504, "typical_volume": 27948439.9, "trend": 7.489363, "fair_value": 8.086589, "relative_strength": -10.057486, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 42.346091, "energy": 46.246204, "activity_lines": [ 7.68825, 7.363605, 7.193914, 7.283854 ] }, { "date": "2024-10-11", "close": 7.804978, "volume": 70072460, "typical_volume": 30051492.1, "trend": 7.476813, "fair_value": 8.089565, "relative_strength": -12.050403, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.133123, "energy": 43.279138, "activity_lines": [ 7.804978, 7.481232, 7.250515, 7.304216 ] }, { "date": "2024-10-18", "close": 8.131423, "volume": 36281081, "typical_volume": 30092326.15, "trend": 7.468311, "fair_value": 8.09482, "relative_strength": -10.765947, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.129844, "energy": 56.484005, "activity_lines": [ 7.978423, 7.640767, 7.338371, 7.346449 ] }, { "date": "2024-10-25", "close": 8.378729, "volume": 53745573, "typical_volume": 30815904.45, "trend": 7.45178, "fair_value": 8.102588, "relative_strength": -10.078076, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.475177, "energy": 63.502007, "activity_lines": [ 8.153186, 7.820267, 7.448764, 7.405186 ] }, { "date": "2024-11-01", "close": 8.022608, "volume": 63624542, "typical_volume": 32965906.55, "trend": 7.425656, "fair_value": 8.10956, "relative_strength": -12.317951, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.362685, "energy": 51.245514, "activity_lines": [ 8.133401, 7.909657, 7.51914, 7.442013 ] }, { "date": "2024-11-08", "close": 8.507328, "volume": 46826462, "typical_volume": 34198734.65, "trend": 7.438796, "fair_value": 8.118896, "relative_strength": -12.618234, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.640148, "energy": 57.273153, "activity_lines": [ 8.255406, 8.061458, 7.633466, 7.511799 ] }, { "date": "2024-11-15", "close": 8.724957, "volume": 76769042, "typical_volume": 36792601.75, "trend": 7.493686, "fair_value": 8.130246, "relative_strength": -6.556064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.257564, "energy": 58.126972, "activity_lines": [ 8.44072, 8.227467, 7.762536, 7.594777 ] }, { "date": "2024-11-22", "close": 8.764525, "volume": 89710613, "typical_volume": 40229682.4, "trend": 7.535251, "fair_value": 8.143088, "relative_strength": -3.099506, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.690219, "energy": 51.972337, "activity_lines": [ 8.577892, 8.369736, 7.88878, 7.676766 ] }, { "date": "2024-11-29", "close": 8.665604, "volume": 64261571, "typical_volume": 42346775.95, "trend": 7.565057, "fair_value": 8.156349, "relative_strength": -5.463624, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.171787, "energy": 57.735563, "activity_lines": [ 8.639884, 8.460385, 7.997076, 7.749692 ] }, { "date": "2024-12-06", "close": 8.972262, "volume": 59727942, "typical_volume": 44225488.05, "trend": 7.601505, "fair_value": 8.16947, "relative_strength": -3.453393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.676218, "energy": 61.070435, "activity_lines": [ 8.78497, 8.58089, 8.126994, 7.84048 ] }, { "date": "2024-12-13", "close": 9.090969, "volume": 61794063, "typical_volume": 46533746.2, "trend": 7.642561, "fair_value": 8.180009, "relative_strength": -1.171324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.488273, "energy": 61.693658, "activity_lines": [ 8.906314, 8.700316, 8.257855, 7.936574 ] }, { "date": "2024-12-20", "close": 9.239353, "volume": 104823197, "typical_volume": 51010386.05, "trend": 7.689213, "fair_value": 8.190013, "relative_strength": 1.481861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.056146, "energy": 57.996864, "activity_lines": [ 9.038211, 8.833591, 8.391871, 8.039593 ] }, { "date": "2024-12-27", "close": 10.218685, "volume": 229750017, "typical_volume": 61713236.9, "trend": 7.765907, "fair_value": 8.207285, "relative_strength": 12.428679, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.041701, "energy": 71.955359, "activity_lines": [ 9.462258, 9.118848, 8.607757, 8.202785 ] }, { "date": "2025-01-03", "close": 9.120646, "volume": 174512038, "typical_volume": 69590453.7, "trend": 7.833336, "fair_value": 8.215476, "relative_strength": 8.936141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.897003, "energy": 49.003448, "activity_lines": [ 9.423349, 9.16651, 8.702581, 8.290187 ] }, { "date": "2025-01-10", "close": 10.41653, "volume": 155557980, "typical_volume": 76410717.65, "trend": 7.928631, "fair_value": 8.230487, "relative_strength": 25.916991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.924427, "energy": 57.486766, "activity_lines": [ 9.786064, 9.436299, 8.910648, 8.456845 ] }, { "date": "2025-01-17", "close": 10.782542, "volume": 247335184, "typical_volume": 87255211.85, "trend": 8.046349, "fair_value": 8.249021, "relative_strength": 25.760934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.501892, "energy": 61.104026, "activity_lines": [ 10.174499, 9.729109, 9.135438, 8.640968 ] }, { "date": "2025-01-24", "close": 11.158448, "volume": 238290294, "typical_volume": 97160126.45, "trend": 8.173629, "fair_value": 8.272875, "relative_strength": 28.32858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.016405, "energy": 60.74505, "activity_lines": [ 10.575465, 10.048898, 9.378551, 8.841749 ] }, { "date": "2025-01-31", "close": 10.426422, "volume": 45373399, "typical_volume": 95968536.4, "trend": 8.288709, "fair_value": 8.289869, "relative_strength": 21.42055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.653986, "energy": 60.991236, "activity_lines": [ 10.604482, 10.191346, 9.532258, 8.98709 ] }, { "date": "2025-02-07", "close": 11.29694, "volume": 145138565, "typical_volume": 101979954.6, "trend": 8.429508, "fair_value": 8.313434, "relative_strength": 25.740522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.962123, "energy": 57.344971, "activity_lines": [ 10.909823, 10.461854, 9.752148, 9.18117 ] }, { "date": "2025-02-14", "close": 10.367068, "volume": 173683680, "typical_volume": 108129310.35, "trend": 8.548545, "fair_value": 8.329738, "relative_strength": 12.874332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.597471, "energy": 45.923334, "activity_lines": [ 10.76012, 10.515452, 9.864166, 9.306174 ] }, { "date": "2025-02-21", "close": 10.762758, "volume": 124711705, "typical_volume": 113099470.4, "trend": 8.681101, "fair_value": 8.35186, "relative_strength": 14.250145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.660306, "energy": 40.551319, "activity_lines": [ 10.745612, 10.615634, 10.001291, 9.449026 ] }, { "date": "2025-02-28", "close": 11.108987, "volume": 174001540, "typical_volume": 118295924.4, "trend": 8.82322, "fair_value": 8.378802, "relative_strength": 21.622737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.479154, "energy": 40.914633, "activity_lines": [ 10.847832, 10.74837, 10.159991, 9.605664 ] }, { "date": "2025-03-07", "close": 10.68362, "volume": 129028152, "typical_volume": 122933277.95, "trend": 8.954127, "fair_value": 8.40246, "relative_strength": 14.11935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.355507, "energy": 32.382906, "activity_lines": [ 10.81156, 10.769773, 10.262446, 9.72569 ] }, { "date": "2025-03-14", "close": 11.227695, "volume": 104326386, "typical_volume": 125462318.6, "trend": 9.095586, "fair_value": 8.427501, "relative_strength": 18.009812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.244699, "energy": 36.301568, "activity_lines": [ 10.9395, 10.881645, 10.404565, 9.872372 ] }, { "date": "2025-03-21", "close": 10.456099, "volume": 113245380, "typical_volume": 127943360.5, "trend": 9.223855, "fair_value": 8.447286, "relative_strength": 12.635702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.259305, "energy": 26.392765, "activity_lines": [ 10.814858, 10.814918, 10.459632, 9.960147 ] }, { "date": "2025-03-28", "close": 9.813104, "volume": 52086960, "typical_volume": 128206385.4, "trend": 9.313875, "fair_value": 8.461153, "relative_strength": 6.553236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.154696, "energy": 16.166917, "activity_lines": [ 10.469949, 10.630562, 10.441873, 9.998163 ] }, { "date": "2025-04-04", "close": 9.555905, "volume": 34076530, "typical_volume": 126071759.8, "trend": 9.398289, "fair_value": 8.473248, "relative_strength": 6.180686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.291696, "energy": 12.78733, "activity_lines": [ 10.102617, 10.41707, 10.393401, 10.013777 ] }, { "date": "2025-04-11", "close": 8.626035, "volume": 63623400, "typical_volume": 124767399.15, "trend": 9.455334, "fair_value": 8.480311, "relative_strength": 1.031035, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -10.60207, "energy": 21.247696, "activity_lines": [ 9.528867, 10.063647, 10.252413, 9.963955 ] }, { "date": "2025-04-18", "close": 8.566681, "volume": 40851080, "typical_volume": 123596874.6, "trend": 9.499519, "fair_value": 8.484951, "relative_strength": 0.625478, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.686203, "energy": 46.688288, "activity_lines": [ 9.072504, 9.732167, 10.106432, 9.906622 ] }, { "date": "2025-04-25", "close": 8.655711, "volume": 27261712, "typical_volume": 121973563.1, "trend": 9.530515, "fair_value": 8.490161, "relative_strength": 0.109433, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.3769, "energy": 54.989341, "activity_lines": [ 8.82322, 9.466515, 9.969401, 9.852183 ] }, { "date": "2025-05-02", "close": 8.78431, "volume": 14006000, "typical_volume": 119584159.95, "trend": 9.544364, "fair_value": 8.498053, "relative_strength": 1.60178, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.222834, "energy": 55.10003, "activity_lines": [ 8.736827, 9.255361, 9.846125, 9.804041 ] }, { "date": "2025-05-09", "close": 9.100862, "volume": 27714402, "typical_volume": 115728720.2, "trend": 9.58756, "fair_value": 8.507107, "relative_strength": 2.702083, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.66018, "energy": 49.595236, "activity_lines": [ 8.824539, 9.137733, 9.754457, 9.775428 ] }, { "date": "2025-05-16", "close": 8.992047, "volume": 27700622, "typical_volume": 105626250.45, "trend": 9.616248, "fair_value": 8.522027, "relative_strength": 0.784433, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.266081, "energy": 30.294804, "activity_lines": [ 8.906314, 9.036832, 9.653085, 9.737007 ] }, { "date": "2025-05-23", "close": 8.724957, "volume": 65037701, "typical_volume": 100152533.6, "trend": 9.627789, "fair_value": 8.539197, "relative_strength": -1.816734, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.843359, "energy": 27.687613, "activity_lines": [ 8.874659, 8.918125, 9.532117, 9.679505 ] }, { "date": "2025-05-30", "close": 8.823879, "volume": 43947781, "typical_volume": 94572023.65, "trend": 9.654498, "fair_value": 8.557435, "relative_strength": 0.131024, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.281465, "energy": 31.440051, "activity_lines": [ 8.865427, 8.862909, 9.422454, 9.62764 ] }, { "date": "2025-06-06", "close": 9.308599, "volume": 36644400, "typical_volume": 84037484.45, "trend": 9.681207, "fair_value": 8.577417, "relative_strength": 3.812627, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.561527, "energy": 27.031314, "activity_lines": [ 9.006556, 8.925499, 9.366539, 9.605324 ] }, { "date": "2025-06-13", "close": 8.92, "volume": 32413815, "typical_volume": 73743660.5, "trend": 9.687708, "fair_value": 8.591194, "relative_strength": -0.05642, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.690766, "energy": 27.320919, "activity_lines": [ 8.9832, 8.926609, 9.280634, 9.556214 ] }, { "date": "2025-06-20", "close": 8.96, "volume": 29283401, "typical_volume": 72939160.6, "trend": 9.694224, "fair_value": 8.593092, "relative_strength": 1.355126, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.293193, "energy": 25.041925, "activity_lines": [ 8.985234, 8.946553, 9.209197, 9.509265 ] }, { "date": "2025-06-27", "close": 9.34, "volume": 34781344, "typical_volume": 67421299.55, "trend": 9.716704, "fair_value": 8.605289, "relative_strength": 1.695356, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.123943, "energy": 19.161847, "activity_lines": [ 9.116072, 9.029516, 9.180934, 9.486412 ] }, { "date": "2025-07-04", "close": 9.3, "volume": 31600143, "typical_volume": 60317122.7, "trend": 9.727628, "fair_value": 8.617849, "relative_strength": -0.174795, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.034611, "energy": 16.778603, "activity_lines": [ 9.192573, 9.091145, 9.15818, 9.459527 ] }, { "date": "2025-07-11", "close": 9.42, "volume": 28989350, "typical_volume": 55531004.95, "trend": 9.738596, "fair_value": 8.631921, "relative_strength": -0.833796, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.965794, "energy": 16.042526, "activity_lines": [ 9.277333, 9.162879, 9.151936, 9.43968 ] }, { "date": "2025-07-18", "close": 9.26, "volume": 29305785, "typical_volume": 48296217.2, "trend": 9.739284, "fair_value": 8.641562, "relative_strength": -4.638819, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.413004, "energy": 16.940522, "activity_lines": [ 9.301333, 9.193964, 9.136848, 9.408803 ] }, { "date": "2025-07-25", "close": 9.45, "volume": 41918624, "typical_volume": 43940740.8, "trend": 9.713662, "fair_value": 8.653721, "relative_strength": -5.014751, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.924096, "energy": 12.714037, "activity_lines": [ 9.366, 9.2567, 9.14866, 9.39014 ] }, { "date": "2025-08-01", "close": 9.29, "volume": 33681866, "typical_volume": 40408514.8, "trend": 9.719307, "fair_value": 8.663864, "relative_strength": -5.212689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.986828, "energy": 11.730077, "activity_lines": [ 9.344667, 9.28202, 9.151108, 9.362807 ] }, { "date": "2025-08-08", "close": 9.51, "volume": 30711000, "typical_volume": 36281795.8, "trend": 9.689089, "fair_value": 8.673312, "relative_strength": -4.26799, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.835664, "energy": 9.011761, "activity_lines": [ 9.4, 9.337065, 9.183736, 9.349303 ] }, { "date": "2025-08-15", "close": 10.38, "volume": 67546465, "typical_volume": 37054771.05, "trend": 9.675671, "fair_value": 8.68425, "relative_strength": -0.174405, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.25215, "energy": 41.870702, "activity_lines": [ 9.731333, 9.537818, 9.303726, 9.393878 ] }, { "date": "2025-08-22", "close": 10.13, "volume": 171749642, "typical_volume": 43938426.65, "trend": 9.641389, "fair_value": 8.6947, "relative_strength": -6.883961, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.032862, "energy": 50.366221, "activity_lines": [ 9.915333, 9.673636, 9.397207, 9.42319 ] }, { "date": "2025-08-29", "close": 9.87, "volume": 79095933, "typical_volume": 44712053.3, "trend": 9.622842, "fair_value": 8.705651, "relative_strength": -12.922297, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.690558, "energy": 52.949206, "activity_lines": [ 9.954667, 9.740182, 9.463192, 9.437939 ] }, { "date": "2025-09-05", "close": 10.12, "volume": 73606238, "typical_volume": 46349811.2, "trend": 9.583611, "fair_value": 8.714242, "relative_strength": -9.851318, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.225333, "energy": 58.58978, "activity_lines": [ 10.049333, 9.835636, 9.547064, 9.470013 ] }, { "date": "2025-09-12", "close": 10.33, "volume": 72373324, "typical_volume": 48605391.8, "trend": 9.582375, "fair_value": 8.723498, "relative_strength": -10.22624, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.368365, "energy": 49.355909, "activity_lines": [ 10.158667, 9.955091, 9.643538, 9.518167 ] }, { "date": "2025-09-19", "close": 10.05, "volume": 103556210, "typical_volume": 53082902.3, "trend": 9.558616, "fair_value": 8.73034, "relative_strength": -13.400957, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.741022, "energy": 29.614327, "activity_lines": [ 10.12, 10.004909, 9.705373, 9.548337 ] }, { "date": "2025-09-26", "close": 10.93, "volume": 137753543, "typical_volume": 58584859.35, "trend": 9.55265, "fair_value": 8.741708, "relative_strength": -6.834365, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.357488, "energy": 61.547052, "activity_lines": [ 10.396667, 10.203273, 9.84499, 9.636813 ] }, { "date": "2025-10-03", "close": 10.45, "volume": 44963587, "typical_volume": 59448007.6, "trend": 9.544863, "fair_value": 8.751052, "relative_strength": -12.97479, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.869497, "energy": 46.011492, "activity_lines": [ 10.46, 10.284, 9.930183, 9.694707 ] }, { "date": "2025-10-10", "close": 10.59, "volume": 30763470, "typical_volume": 57734296.05, "trend": 9.523606, "fair_value": 8.768661, "relative_strength": -10.712301, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.958146, "energy": 46.683627, "activity_lines": [ 10.531333, 10.372, 10.021767, 9.762135 ] }, { "date": "2025-10-17", "close": 9.12, "volume": 59039036, "typical_volume": 58488858.8, "trend": 9.47907, "fair_value": 8.778581, "relative_strength": -18.951141, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.374333, "energy": 17.802115, "activity_lines": [ 10.081333, 10.169091, 9.96447, 9.736096 ] }, { "date": "2025-10-24", "close": 9.49, "volume": 27988433, "typical_volume": 58056060.45, "trend": 9.4683, "fair_value": 8.794402, "relative_strength": -19.341338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.194949, "energy": 15.377636, "activity_lines": [ 9.835333, 10.040545, 9.941, 9.736801 ] }, { "date": "2025-10-31", "close": 9.41, "volume": 25174088, "typical_volume": 57694074.1, "trend": 9.463436, "fair_value": 8.806862, "relative_strength": -20.443063, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.832889, "energy": 19.293306, "activity_lines": [ 9.6, 9.913636, 9.909048, 9.73304 ] }, { "date": "2025-11-07", "close": 9.88, "volume": 31284600, "typical_volume": 57794134.05, "trend": 9.505235, "fair_value": 8.82023, "relative_strength": -16.584992, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.022893, "energy": 19.004571, "activity_lines": [ 9.622667, 9.885273, 9.919524, 9.759915 ] }, { "date": "2025-11-14", "close": 10.09, "volume": 32794001, "typical_volume": 57694766.9, "trend": 9.556012, "fair_value": 8.836244, "relative_strength": -13.509208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.499628, "energy": 14.076881, "activity_lines": [ 9.753333, 9.894909, 9.945619, 9.797642 ] }, { "date": "2025-11-21", "close": 9.23, "volume": 29471600, "typical_volume": 57588339.75, "trend": 9.575155, "fair_value": 8.842411, "relative_strength": -16.414544, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.443191, "energy": 9.867771, "activity_lines": [ 9.630667, 9.748727, 9.886238, 9.776609 ] }, { "date": "2025-11-28", "close": 9.61, "volume": 22346387, "typical_volume": 57256191.6, "trend": 9.602678, "fair_value": 8.852128, "relative_strength": -15.822179, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.392471, "energy": 7.953864, "activity_lines": [ 9.627333, 9.691636, 9.863381, 9.778857 ] }, { "date": "2025-12-05", "close": 10.35, "volume": 42869921, "typical_volume": 57934398.4, "trend": 9.644316, "fair_value": 8.86659, "relative_strength": -10.381647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.7369, "energy": 17.058047, "activity_lines": [ 9.862667, 9.777091, 9.910095, 9.827071 ] }, { "date": "2025-12-12", "close": 9.37, "volume": 174329069, "typical_volume": 64554920.65, "trend": 9.656914, "fair_value": 8.876316, "relative_strength": -19.293708, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.798683, "energy": 8.93675, "activity_lines": [ 9.708667, 9.694909, 9.858286, 9.809373 ] }, { "date": "2025-12-19", "close": 9.29, "volume": 48051358, "typical_volume": 65273395.25, "trend": 9.675749, "fair_value": 8.884726, "relative_strength": -18.977306, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.324152, "energy": 10.919096, "activity_lines": [ 9.562, 9.617818, 9.799238, 9.785701 ] }, { "date": "2025-12-26", "close": 9.4, "volume": 35170000, "typical_volume": 65496345.25, "trend": 9.694953, "fair_value": 8.894397, "relative_strength": -20.342415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.128722, "energy": 15.232628, "activity_lines": [ 9.505333, 9.584364, 9.750667, 9.767911 ] }, { "date": "2026-01-02", "close": 9.21, "volume": 15851000, "typical_volume": 62911572.0, "trend": 9.691667, "fair_value": 8.902417, "relative_strength": -21.076433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.878008, "energy": 37.453137, "activity_lines": [ 9.374, 9.511273, 9.684524, 9.736624 ] }, { "date": "2026-01-09", "close": 9.43, "volume": 29573780, "typical_volume": 55802778.9, "trend": 9.708667, "fair_value": 8.916801, "relative_strength": -21.908675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.623337, "energy": 33.935887, "activity_lines": [ 9.342667, 9.483273, 9.644905, 9.719742 ] }, { "date": "2026-01-16", "close": 9.55, "volume": 43906398, "typical_volume": 54043302.15, "trend": 9.728333, "fair_value": 8.928549, "relative_strength": -21.10998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.432309, "energy": 35.787901, "activity_lines": [ 9.412667, 9.476727, 9.620048, 9.709505 ] }, { "date": "2026-01-23", "close": 9.89, "volume": 33168770, "typical_volume": 52021428.75, "trend": 9.746667, "fair_value": 8.941423, "relative_strength": -18.460107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.186344, "energy": 13.767264, "activity_lines": [ 9.584, 9.538, 9.629095, 9.719935 ] }, { "date": "2026-01-30", "close": 9.47, "volume": 34418503, "typical_volume": 50123687.7, "trend": 9.752333, "fair_value": 8.951482, "relative_strength": -19.978521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.048308, "energy": 15.48797, "activity_lines": [ 9.575333, 9.526545, 9.599238, 9.702086 ] }, { "date": "2026-02-06", "close": 9.52, "volume": 27350400, "typical_volume": 46313397.2, "trend": 9.755667, "fair_value": 8.959198, "relative_strength": -17.091335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.696371, "energy": 14.769289, "activity_lines": [ 9.578667, 9.519818, 9.578238, 9.687097 ] }, { "date": "2026-02-13", "close": 9.66, "volume": 23351400, "typical_volume": 40593290.05, "trend": 9.769, "fair_value": 8.966945, "relative_strength": -16.48301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.465796, "energy": 13.8382, "activity_lines": [ 9.608, 9.540182, 9.573095, 9.680925 ] }, { "date": "2026-02-27", "close": 9.73, "volume": 18459841, "typical_volume": 39268102.75, "trend": 9.778333, "fair_value": 8.96573, "relative_strength": -17.574573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.779527, "energy": 6.956302, "activity_lines": [ 9.645333, 9.585818, 9.580667, 9.678409 ] }, { "date": "2026-03-06", "close": 9.46, "volume": 39708089, "typical_volume": 39715333.7, "trend": 9.784, "fair_value": 8.966127, "relative_strength": -17.297502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.420624, "energy": 9.841638, "activity_lines": [ 9.580667, 9.575818, 9.565952, 9.657871 ] }, { "date": "2026-03-13", "close": 9.37, "volume": 24992362, "typical_volume": 38013000.0, "trend": 9.779333, "fair_value": 8.964462, "relative_strength": -18.062135, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.582874, "energy": 20.174733, "activity_lines": [ 9.514667, 9.546364, 9.548048, 9.631161 ] }, { "date": "2026-03-20", "close": 8.57, "volume": 26118100, "typical_volume": 37919483.35, "trend": 9.719, "fair_value": 8.95934, "relative_strength": -22.059784, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.864947, "energy": 62.305724, "activity_lines": [ 9.188667, 9.372, 9.452762, 9.55314 ] }, { "date": "2026-03-27", "close": 8.62, "volume": 37179500, "typical_volume": 38519753.95, "trend": 9.668667, "fair_value": 8.957325, "relative_strength": -20.322139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.135898, "energy": 73.800966, "activity_lines": [ 8.942667, 9.218364, 9.366619, 9.482237 ] }, { "date": "2026-04-03", "close": 8.04, "volume": 25943730, "typical_volume": 38252710.45, "trend": 9.607667, "fair_value": 8.953077, "relative_strength": -22.805589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.227072, "energy": 86.003813, "activity_lines": [ 8.572667, 8.974, 9.229, 9.377161 ] }, { "date": "2026-04-10", "close": 8.62, "volume": 26481171, "typical_volume": 37937068.95, "trend": 9.557667, "fair_value": 8.949452, "relative_strength": -22.156301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.434486, "energy": 78.174817, "activity_lines": [ 8.508667, 8.862545, 9.155381, 9.313441 ] }, { "date": "2026-04-17", "close": 8.63, "volume": 17352530, "typical_volume": 37331115.45, "trend": 9.501, "fair_value": 8.947749, "relative_strength": -24.523693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.060029, "energy": 72.318402, "activity_lines": [ 8.504, 8.776, 9.089714, 9.253591 ] }, { "date": "2026-04-24", "close": 8.6, "volume": 19287000, "typical_volume": 37178146.1, "trend": 9.452667, "fair_value": 8.947958, "relative_strength": -24.49494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.999876, "energy": 52.734768, "activity_lines": [ 8.538667, 8.699273, 9.024048, 9.195462 ] }, { "date": "2026-05-01", "close": 8.94, "volume": 22104375, "typical_volume": 36139868.8, "trend": 9.386333, "fair_value": 8.941865, "relative_strength": -21.824558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.581033, "energy": 34.073987, "activity_lines": [ 8.684667, 8.701091, 8.995571, 9.162387 ] }, { "date": "2026-05-08", "close": 8.97, "volume": 16750603, "typical_volume": 28260945.5, "trend": 9.337, "fair_value": 8.944941, "relative_strength": -23.255285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.083327, "energy": 22.927541, "activity_lines": [ 8.819333, 8.721455, 8.976667, 9.135527 ] }, { "date": "2026-05-15", "close": 8.84, "volume": 22655779, "typical_volume": 26991166.55, "trend": 9.278667, "fair_value": 8.948051, "relative_strength": -23.709827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.451822, "energy": 18.635148, "activity_lines": [ 8.848667, 8.732, 8.947286, 9.103462 ] }, { "date": "2026-05-22", "close": 8.67, "volume": 27867700, "typical_volume": 26626051.55, "trend": 9.263667, "fair_value": 8.950443, "relative_strength": -24.712569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.162676, "energy": 19.132924, "activity_lines": [ 8.806667, 8.722909, 8.903857, 9.064194 ] }, { "date": "2026-05-29", "close": 7.66, "volume": 34341461, "typical_volume": 27550574.6, "trend": 9.202667, "fair_value": 8.944998, "relative_strength": -32.741465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.792638, "energy": 44.767399, "activity_lines": [ 8.425333, 8.542909, 8.767714, 8.960731 ] }, { "date": "2026-06-05", "close": 7.65, "volume": 9014000, "typical_volume": 26522585.6, "trend": 9.144, "fair_value": 8.935278, "relative_strength": -30.998708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.517492, "energy": 71.908283, "activity_lines": [ 8.103333, 8.377636, 8.638, 8.860559 ] }, { "date": "2026-06-12", "close": 7.17, "volume": 7092255, "typical_volume": 24681878.45, "trend": 9.053667, "fair_value": 8.923102, "relative_strength": -33.036304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.283196, "energy": 85.790296, "activity_lines": [ 7.707333, 8.142727, 8.471048, 8.733204 ] }, { "date": "2026-06-19", "close": 7.05, "volume": 23681000, "typical_volume": 24207489.95, "trend": 8.952333, "fair_value": 8.90934, "relative_strength": -37.802803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.880107, "energy": 90.736752, "activity_lines": [ 7.391333, 7.901818, 8.304, 8.603935 ] }, { "date": "2026-06-26", "close": 6.57, "volume": 6225000, "typical_volume": 22797814.8, "trend": 8.863667, "fair_value": 8.893878, "relative_strength": -40.347372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.051716, "energy": 94.425094, "activity_lines": [ 7.034667, 7.602182, 8.104762, 8.450237 ] }, { "date": "2026-07-03", "close": 6.66, "volume": 7024200, "typical_volume": 21781504.8, "trend": 8.765333, "fair_value": 8.877178, "relative_strength": -38.006162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.255184, "energy": 91.637025, "activity_lines": [ 6.848, 7.356364, 7.927905, 8.308065 ] }, { "date": "2026-07-10", "close": 6.46, "volume": 25833603, "typical_volume": 21905614.95, "trend": 8.635667, "fair_value": 8.860385, "relative_strength": -36.863254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.833217, "energy": 91.54016, "activity_lines": [ 6.661333, 7.109455, 7.745619, 8.159333 ] }, { "date": "2026-07-17", "close": 6.2, "volume": 29916002, "typical_volume": 22478423.0, "trend": 8.53, "fair_value": 8.83986, "relative_strength": -32.665675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.952687, "energy": 90.738483, "activity_lines": [ 6.467333, 6.860364, 7.55381, 8.002194 ] }, { "date": "2026-07-24", "close": 6.05, "volume": 32099902, "typical_volume": 22098013.65, "trend": 8.422, "fair_value": 8.818061, "relative_strength": -33.843056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.336632, "energy": 82.100287, "activity_lines": [ 6.288, 6.634364, 7.364524, 7.842194 ] }, { "date": "2026-07-31", "close": 6.54, "volume": 23720962, "typical_volume": 22034443.65, "trend": 8.326667, "fair_value": 8.797463, "relative_strength": -26.679748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.246042, "energy": 65.976912, "activity_lines": [ 6.338667, 6.548182, 7.238143, 7.720774 ] }, { "date": "2026-08-07", "close": 6.92, "volume": 37617600, "typical_volume": 22609418.65, "trend": 8.250333, "fair_value": 8.783494, "relative_strength": -25.600427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.5204, "energy": 57.447027, "activity_lines": [ 6.518, 6.569818, 7.161429, 7.630022 ] } ], "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." } } }