{ "ticker": { "uuid": "7fdca1d7-5929-456b-8e0d-312eb4d1c0fb", "symbol": "002802", "name": "Wuxi Honghui New Materials 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.936, "architecture_energy": 57.996, "architecture_maturity": 23.131, "architecture_confidence": 96, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 16.04, "rotation_up": 21.84, "upward_expansion": 11.48, "deceleration": 43.96, "rotation_down": 56.54, "downward_expansion": 84.82 }, "activity_lines": [ 10.707333, 10.837273, 11.776905, 12.264893 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 11.22, "trend_reference": 12.742659, "distance_from_trend": -0.119493, "trend_direction": "Weakening", "fair_value": 11.701435, "distance_from_fair_value": -0.041143, "fair_value_direction": "Weakening", "relative_strength": -15.772, "relative_strength_direction": "Weakening", "price_momentum": -0.161341, "excess_performance": -0.16874, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.119493, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041855, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041143, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.315228, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.15772, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.04546, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.161341, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.30013, "read": "Supply-led" } ], "volume": { "latest": 11920797, "relative_activity": 0.472851, "balance": 0.30013, "dry_up": 0.594901, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.093058, "annualized_volatility": 0.496531, "from_high_reference": -0.335774, "from_low_reference": 0.156701 }, "levels": { "trend_reference": 12.742659, "fair_value_reference": 11.701435, "structural_low": 9.7, "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": 21, "median_return": 0.032233, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.024787, "regime_survival": 0.714286, "best_return": 0.377934, "worst_return": -0.215503, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.157568, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.116322, "regime_survival": 0.375, "best_return": 0.689568, "worst_return": -0.287857, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.152273, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.154689, "regime_survival": 0.166667, "best_return": 0.544935, "worst_return": -0.133754, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.157483, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.228382, "regime_survival": 0.333333, "best_return": 0.273851, "worst_return": 0.005635, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": 0.340934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.062244, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": 0.284926, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": -0.047423, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-08-29", "tenure": "Established", "return": 0.005064, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.005303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-01-23", "tenure": "Established", "return": 0.049528, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 0.012611, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.107737, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.032458, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-05-22", "tenure": "Developing", "return": -0.141809, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": -0.077287, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.010157, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.05949, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.854026, "volume": 7617971, "typical_volume": 6778099.9, "trend": 10.247742, "fair_value": 11.54412, "relative_strength": 7.790429, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.647195, "energy": 63.918889, "activity_lines": [ 10.756958, 10.502482, 10.239596, 10.236862 ] }, { "date": "2023-08-04", "close": 10.693296, "volume": 7213174, "typical_volume": 6849012.2, "trend": 10.273319, "fair_value": 11.536883, "relative_strength": 4.670959, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.775495, "energy": 58.586599, "activity_lines": [ 10.759479, 10.566087, 10.292859, 10.265608 ] }, { "date": "2023-08-11", "close": 10.589294, "volume": 5568294, "typical_volume": 6793233.95, "trend": 10.28353, "fair_value": 11.529814, "relative_strength": 7.449794, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.108626, "energy": 52.836353, "activity_lines": [ 10.711575, 10.59978, 10.333969, 10.285993 ] }, { "date": "2023-08-18", "close": 10.570385, "volume": 5131122, "typical_volume": 6659787.1, "trend": 10.306383, "fair_value": 11.519188, "relative_strength": 10.397092, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.461459, "energy": 26.118589, "activity_lines": [ 10.656108, 10.621956, 10.372996, 10.3045 ] }, { "date": "2023-08-25", "close": 12.46133, "volume": 13125870, "typical_volume": 6959351.5, "trend": 10.380826, "fair_value": 11.511306, "relative_strength": 33.484041, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.145665, "energy": 66.870024, "activity_lines": [ 11.239779, 10.978141, 10.591071, 10.443529 ] }, { "date": "2023-09-01", "close": 11.374037, "volume": 71231621, "typical_volume": 10043274.25, "trend": 10.399576, "fair_value": 11.49912, "relative_strength": 17.486776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.872314, "energy": 45.468169, "activity_lines": [ 11.353236, 11.09263, 10.693881, 10.507607 ] }, { "date": "2023-09-08", "close": 10.901299, "volume": 20200913, "typical_volume": 10667410.2, "trend": 10.400967, "fair_value": 11.488174, "relative_strength": 14.243026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.439161, "energy": 41.914638, "activity_lines": [ 11.274446, 11.090738, 10.7451, 10.539976 ] }, { "date": "2023-09-15", "close": 11.184942, "volume": 13511217, "typical_volume": 10860270.7, "trend": 10.412728, "fair_value": 11.472336, "relative_strength": 18.376513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.234753, "energy": 43.988658, "activity_lines": [ 11.276337, 11.132339, 10.81676, 10.590555 ] }, { "date": "2023-09-22", "close": 11.317308, "volume": 9433248, "typical_volume": 11150996.55, "trend": 10.42913, "fair_value": 11.455965, "relative_strength": 19.057493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.391324, "energy": 32.793016, "activity_lines": [ 11.282641, 11.186833, 10.893331, 10.648915 ] }, { "date": "2023-09-29", "close": 11.686043, "volume": 10255002, "typical_volume": 11101104.4, "trend": 10.462171, "fair_value": 11.447994, "relative_strength": 23.254676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.914855, "energy": 36.828352, "activity_lines": [ 11.362061, 11.297195, 10.996793, 10.730006 ] }, { "date": "2023-10-13", "close": 12.527513, "volume": 31104811, "typical_volume": 12330533.55, "trend": 10.532871, "fair_value": 11.441774, "relative_strength": 31.953901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.557509, "energy": 58.182126, "activity_lines": [ 11.773656, 11.545253, 11.169904, 10.863254 ] }, { "date": "2023-10-20", "close": 11.94132, "volume": 14241720, "typical_volume": 12786902.15, "trend": 10.590209, "fair_value": 11.429427, "relative_strength": 31.452318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.946428, "energy": 55.567518, "activity_lines": [ 11.912956, 11.656303, 11.275077, 10.954122 ] }, { "date": "2023-10-27", "close": 12.168234, "volume": 19330981, "typical_volume": 13480194.05, "trend": 10.644815, "fair_value": 11.420482, "relative_strength": 30.361123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.58139, "energy": 58.313564, "activity_lines": [ 12.058559, 11.785919, 11.393036, 11.05593 ] }, { "date": "2023-11-03", "close": 12.007504, "volume": 15392070, "typical_volume": 14006482.75, "trend": 10.700012, "fair_value": 11.403623, "relative_strength": 26.808287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.899293, "energy": 51.523719, "activity_lines": [ 12.085032, 11.857603, 11.486053, 11.143845 ] }, { "date": "2023-11-10", "close": 12.527513, "volume": 24614682, "typical_volume": 15006038.1, "trend": 10.784212, "fair_value": 11.386105, "relative_strength": 29.782758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.299306, "energy": 43.723157, "activity_lines": [ 12.238829, 11.997705, 11.619184, 11.261748 ] }, { "date": "2023-11-17", "close": 12.773336, "volume": 28353498, "typical_volume": 16252766.55, "trend": 10.876835, "fair_value": 11.372857, "relative_strength": 31.379901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.163775, "energy": 45.335168, "activity_lines": [ 12.418469, 12.181298, 11.763886, 11.390079 ] }, { "date": "2023-11-24", "close": 11.071486, "volume": 31040653, "typical_volume": 17374877.35, "trend": 10.928517, "fair_value": 11.352206, "relative_strength": 15.036026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.478489, "energy": 22.191345, "activity_lines": [ 12.014437, 12.030023, 11.731876, 11.402637 ] }, { "date": "2023-12-01", "close": 11.969684, "volume": 36350399, "typical_volume": 18833194.05, "trend": 11.008539, "fair_value": 11.334618, "relative_strength": 25.135799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.724528, "energy": 22.418202, "activity_lines": [ 11.967793, 12.038962, 11.782481, 11.469809 ] }, { "date": "2023-12-08", "close": 11.723861, "volume": 16371993, "typical_volume": 19400974.7, "trend": 11.079679, "fair_value": 11.317759, "relative_strength": 23.945487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.285187, "energy": 16.391466, "activity_lines": [ 11.852446, 11.988938, 11.803011, 11.515959 ] }, { "date": "2023-12-15", "close": 11.94132, "volume": 16831345, "typical_volume": 19846029.2, "trend": 11.16162, "fair_value": 11.305931, "relative_strength": 27.605977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.89608, "energy": 18.477992, "activity_lines": [ 11.828494, 11.97106, 11.839389, 11.571549 ] }, { "date": "2023-12-22", "close": 11.912956, "volume": 10372138, "typical_volume": 19983737.55, "trend": 11.225912, "fair_value": 11.293791, "relative_strength": 28.705564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.057687, "energy": 14.212805, "activity_lines": [ 11.834166, 11.943383, 11.867843, 11.620022 ] }, { "date": "2023-12-29", "close": 12.111506, "volume": 12630914, "typical_volume": 20254624.55, "trend": 11.293356, "fair_value": 11.278898, "relative_strength": 25.828184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.721166, "energy": 19.872938, "activity_lines": [ 11.963381, 11.96298, 11.910165, 11.677157 ] }, { "date": "2024-01-05", "close": 11.704951, "volume": 11996258, "typical_volume": 20576022.75, "trend": 11.345357, "fair_value": 11.267178, "relative_strength": 26.129323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.898474, "energy": 11.351107, "activity_lines": [ 11.887743, 11.905564, 11.907013, 11.703712 ] }, { "date": "2024-01-12", "close": 11.58204, "volume": 8868588, "typical_volume": 20762896.05, "trend": 11.397043, "fair_value": 11.254995, "relative_strength": 25.555672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.661733, "energy": 6.885034, "activity_lines": [ 11.788784, 11.834224, 11.886843, 11.718982 ] }, { "date": "2024-01-19", "close": 10.863482, "volume": 10374861, "typical_volume": 20625345.6, "trend": 11.424462, "fair_value": 11.244926, "relative_strength": 19.824902, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.818609, "energy": 10.730432, "activity_lines": [ 11.459759, 11.639972, 11.793421, 11.684558 ] }, { "date": "2024-01-26", "close": 10.438019, "volume": 16382551, "typical_volume": 17882892.1, "trend": 11.449044, "fair_value": 11.233364, "relative_strength": 14.73092, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.246308, "energy": 41.216579, "activity_lines": [ 11.06077, 11.398619, 11.667088, 11.620917 ] }, { "date": "2024-02-02", "close": 8.272886, "volume": 14968996, "typical_volume": 17621296.25, "trend": 11.376243, "fair_value": 11.218182, "relative_strength": -1.408215, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -59.281682, "energy": 70.604654, "activity_lines": [ 10.038399, 10.806065, 11.339009, 11.416003 ] }, { "date": "2024-02-09", "close": 6.883041, "volume": 27054057, "typical_volume": 18298438.25, "trend": 11.253331, "fair_value": 11.196688, "relative_strength": -24.922703, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.614178, "energy": 92.370063, "activity_lines": [ 8.808654, 10.011696, 10.89108, 11.126119 ] }, { "date": "2024-02-23", "close": 8.651074, "volume": 18441441, "typical_volume": 18748847.9, "trend": 11.184942, "fair_value": 11.183508, "relative_strength": -8.306592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.975885, "energy": 83.621522, "activity_lines": [ 8.489714, 9.631272, 10.63202, 10.958232 ] }, { "date": "2024-03-01", "close": 8.792895, "volume": 18497830, "typical_volume": 19160989.3, "trend": 11.116553, "fair_value": 11.172114, "relative_strength": -10.424399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.870108, "energy": 83.682652, "activity_lines": [ 8.413446, 9.332503, 10.399164, 10.803906 ] }, { "date": "2024-03-08", "close": 8.461981, "volume": 13746106, "typical_volume": 18293054.05, "trend": 11.036818, "fair_value": 11.164768, "relative_strength": -13.166629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.054925, "energy": 80.247559, "activity_lines": [ 8.364912, 9.030811, 10.148569, 10.632644 ] }, { "date": "2024-03-15", "close": 8.991446, "volume": 10167848, "typical_volume": 18089360.45, "trend": 10.98009, "fair_value": 11.159939, "relative_strength": -10.127424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.373232, "energy": 51.200483, "activity_lines": [ 8.624602, 8.888131, 9.967758, 10.500684 ] }, { "date": "2024-03-22", "close": 9.085992, "volume": 13313383, "typical_volume": 17788480.55, "trend": 10.929979, "fair_value": 11.149742, "relative_strength": -8.802457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.341906, "energy": 39.909596, "activity_lines": [ 8.867903, 8.819369, 9.809999, 10.378484 ] }, { "date": "2024-03-29", "close": 8.991446, "volume": 12142584, "typical_volume": 17626006.25, "trend": 10.877348, "fair_value": 11.138712, "relative_strength": -8.255178, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -42.887682, "energy": 34.782148, "activity_lines": [ 8.932826, 8.781035, 9.657913, 10.253418 ] }, { "date": "2024-04-05", "close": 9.407453, "volume": 8206512, "typical_volume": 16805597.75, "trend": 10.775552, "fair_value": 11.127491, "relative_strength": -5.598007, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.149781, "energy": 26.956094, "activity_lines": [ 9.113727, 8.86544, 9.559809, 10.158586 ] }, { "date": "2024-04-12", "close": 9.218358, "volume": 29317055, "typical_volume": 16853775.6, "trend": 10.703696, "fair_value": 11.117818, "relative_strength": -4.526818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.982147, "energy": 23.409446, "activity_lines": [ 9.190625, 8.941937, 9.458554, 10.058121 ] }, { "date": "2024-04-19", "close": 8.055428, "volume": 22153326, "typical_volume": 16409409.25, "trend": 10.608834, "fair_value": 11.094294, "relative_strength": -17.081061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.019159, "energy": 32.506715, "activity_lines": [ 8.829454, 8.829168, 9.263471, 9.887265 ] }, { "date": "2024-04-26", "close": 8.282341, "volume": 13448672, "typical_volume": 15264322.9, "trend": 10.512081, "fair_value": 11.07492, "relative_strength": -16.450128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.721383, "energy": 36.343384, "activity_lines": [ 8.606323, 8.76161, 9.104362, 9.737169 ] }, { "date": "2024-05-03", "close": 8.603802, "volume": 7268338, "typical_volume": 14809140.15, "trend": 10.42163, "fair_value": 11.049814, "relative_strength": -14.42634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.62098, "energy": 37.279962, "activity_lines": [ 8.543922, 8.727057, 8.993426, 9.614054 ] }, { "date": "2024-05-10", "close": 10.674387, "volume": 45324878, "typical_volume": 16233816.8, "trend": 10.387908, "fair_value": 11.038858, "relative_strength": 4.112417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.053491, "energy": 13.959298, "activity_lines": [ 9.197559, 9.069834, 9.094547, 9.630361 ] }, { "date": "2024-05-17", "close": 11.099849, "volume": 62069493, "typical_volume": 18818684.55, "trend": 10.34032, "fair_value": 11.030304, "relative_strength": 7.942909, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 11.863717, "energy": 19.481887, "activity_lines": [ 9.908554, 9.455758, 9.242221, 9.676293 ] }, { "date": "2024-05-24", "close": 10.52311, "volume": 57135207, "typical_volume": 21043899.2, "trend": 10.293046, "fair_value": 11.00721, "relative_strength": 4.941419, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.632724, "energy": 32.270449, "activity_lines": [ 10.30187, 9.68886, 9.338839, 9.688086 ] }, { "date": "2024-05-31", "close": 9.596547, "volume": 36407691, "typical_volume": 22264470.85, "trend": 10.207323, "fair_value": 10.982266, "relative_strength": -3.899925, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.291977, "energy": 31.004248, "activity_lines": [ 10.22182, 9.725648, 9.354777, 9.64315 ] }, { "date": "2024-06-07", "close": 8.669985, "volume": 20244758, "typical_volume": 22833279.35, "trend": 10.096073, "fair_value": 10.963267, "relative_strength": -12.177928, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -20.367484, "energy": 18.297747, "activity_lines": [ 9.745302, 9.584686, 9.292511, 9.543967 ] }, { "date": "2024-06-14", "close": 8.707803, "volume": 12276019, "typical_volume": 22928337.25, "trend": 9.968749, "fair_value": 10.941814, "relative_strength": -11.79194, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.092293, "energy": 20.870279, "activity_lines": [ 9.276978, 9.456446, 9.247713, 9.454401 ] }, { "date": "2024-06-21", "close": 8.291796, "volume": 10550783, "typical_volume": 22636748.85, "trend": 9.819364, "fair_value": 10.906007, "relative_strength": -14.246841, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.029269, "energy": 35.572316, "activity_lines": [ 8.80109, 9.265288, 9.173561, 9.346211 ] }, { "date": "2024-06-28", "close": 8.395797, "volume": 9514645, "typical_volume": 22364031.3, "trend": 9.730175, "fair_value": 10.867945, "relative_strength": -11.147698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.493811, "energy": 41.602629, "activity_lines": [ 8.547073, 9.109887, 9.119534, 9.254368 ] }, { "date": "2024-07-05", "close": 8.206703, "volume": 6267428, "typical_volume": 21324699.85, "trend": 9.604742, "fair_value": 10.810379, "relative_strength": -11.725063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.18842, "energy": 53.402861, "activity_lines": [ 8.371845, 8.913916, 9.046913, 9.156079 ] }, { "date": "2024-07-12", "close": 7.989244, "volume": 9264039, "typical_volume": 20865829.75, "trend": 9.480255, "fair_value": 10.768079, "relative_strength": -15.5329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.315699, "energy": 61.398949, "activity_lines": [ 8.216788, 8.679783, 8.947278, 9.051854 ] }, { "date": "2024-07-19", "close": 7.611055, "volume": 8870777, "typical_volume": 20384477.1, "trend": 9.335912, "fair_value": 10.728558, "relative_strength": -19.808233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.603721, "energy": 62.717356, "activity_lines": [ 7.98105, 8.388062, 8.814777, 8.93126 ] }, { "date": "2024-07-26", "close": 7.50372, "volume": 9085495, "typical_volume": 20151446.55, "trend": 9.188938, "fair_value": 10.680414, "relative_strength": -17.986801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.275157, "energy": 63.734111, "activity_lines": [ 7.78265, 8.132522, 8.677681, 8.813054 ] }, { "date": "2024-08-02", "close": 8.020882, "volume": 10142229, "typical_volume": 20150165.6, "trend": 9.052584, "fair_value": 10.63812, "relative_strength": -11.782984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.172551, "energy": 53.120623, "activity_lines": [ 7.809176, 8.036396, 8.594402, 8.737696 ] }, { "date": "2024-08-09", "close": 7.864757, "volume": 6868948, "typical_volume": 19827943.85, "trend": 8.924577, "fair_value": 10.599336, "relative_strength": -11.787662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.111705, "energy": 51.713404, "activity_lines": [ 7.808655, 7.957378, 8.500875, 8.661062 ] }, { "date": "2024-08-16", "close": 7.845242, "volume": 5633020, "typical_volume": 19502465.65, "trend": 8.800017, "fair_value": 10.568, "relative_strength": -11.525492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.626059, "energy": 42.261065, "activity_lines": [ 7.824425, 7.9063, 8.411306, 8.591427 ] }, { "date": "2024-08-23", "close": 7.493961, "volume": 5727137, "typical_volume": 19378496.9, "trend": 8.6877, "fair_value": 10.52954, "relative_strength": -13.652546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.717038, "energy": 46.47478, "activity_lines": [ 7.732702, 7.806347, 8.293739, 8.507166 ] }, { "date": "2024-08-30", "close": 8.108701, "volume": 26362109, "typical_volume": 19230749.6, "trend": 8.610056, "fair_value": 10.502823, "relative_strength": -8.367896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.382284, "energy": 34.050687, "activity_lines": [ 7.853698, 7.840235, 8.243831, 8.469811 ] }, { "date": "2024-09-06", "close": 8.040397, "volume": 15110419, "typical_volume": 18878604.25, "trend": 8.602306, "fair_value": 10.478007, "relative_strength": -6.296835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.962676, "energy": 31.39689, "activity_lines": [ 7.911594, 7.865034, 8.192701, 8.433059 ] }, { "date": "2024-09-13", "close": 7.835483, "volume": 9175216, "typical_volume": 18664931.45, "trend": 8.634054, "fair_value": 10.451219, "relative_strength": -6.821819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.594252, "energy": 29.959066, "activity_lines": [ 7.899885, 7.859037, 8.122128, 8.383586 ] }, { "date": "2024-09-20", "close": 7.991608, "volume": 6928035, "typical_volume": 18647916.3, "trend": 8.612072, "fair_value": 10.430205, "relative_strength": -5.921873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.65503, "energy": 22.209979, "activity_lines": [ 7.942168, 7.888176, 8.068551, 8.342138 ] }, { "date": "2024-09-27", "close": 8.674652, "volume": 14881102, "typical_volume": 17125727.5, "trend": 8.608131, "fair_value": 10.408533, "relative_strength": -13.029466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.64855, "energy": 13.932403, "activity_lines": [ 8.202376, 8.041461, 8.082942, 8.346175 ] }, { "date": "2024-10-04", "close": 9.357696, "volume": 7646649, "typical_volume": 14404585.3, "trend": 8.637988, "fair_value": 10.395453, "relative_strength": -14.875491, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.516825, "energy": 25.245129, "activity_lines": [ 8.611552, 8.299599, 8.171907, 8.394534 ] }, { "date": "2024-10-11", "close": 8.791744, "volume": 24709409, "typical_volume": 12783295.4, "trend": 8.631331, "fair_value": 10.376441, "relative_strength": -15.858216, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.310522, "energy": 28.537458, "activity_lines": [ 8.748811, 8.421127, 8.215267, 8.404454 ] }, { "date": "2024-10-18", "close": 8.9869, "volume": 14990498, "typical_volume": 11712435.75, "trend": 8.628028, "fair_value": 10.35835, "relative_strength": -15.86956, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.747299, "energy": 40.173796, "activity_lines": [ 8.901032, 8.564123, 8.285459, 8.427394 ] }, { "date": "2024-10-25", "close": 10.743297, "volume": 20990040, "typical_volume": 11749699.85, "trend": 8.686423, "fair_value": 10.35896, "relative_strength": -1.476174, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.495208, "energy": 71.429031, "activity_lines": [ 9.561957, 9.006061, 8.52583, 8.563863 ] }, { "date": "2024-11-01", "close": 12.050838, "volume": 64457167, "typical_volume": 14358757.25, "trend": 8.774536, "fair_value": 10.370487, "relative_strength": 12.447502, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.923293, "energy": 94.725673, "activity_lines": [ 10.475284, 9.633041, 8.880855, 8.780922 ] }, { "date": "2024-11-08", "close": 12.030939, "volume": 37557129, "typical_volume": 15709074.55, "trend": 8.868289, "fair_value": 10.380273, "relative_strength": 5.43731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.952973, "energy": 95.097362, "activity_lines": [ 11.156899, 10.173552, 9.218066, 8.991013 ] }, { "date": "2024-11-15", "close": 12.631994, "volume": 50124817, "typical_volume": 17739583.15, "trend": 9.020841, "fair_value": 10.395459, "relative_strength": 15.129454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.942186, "energy": 94.413238, "activity_lines": [ 11.860649, 10.752032, 9.594715, 9.233832 ] }, { "date": "2024-11-22", "close": 12.661554, "volume": 38551969, "typical_volume": 19353810.2, "trend": 9.166815, "fair_value": 10.414128, "relative_strength": 18.978811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.634133, "energy": 90.632422, "activity_lines": [ 12.318236, 11.252402, 9.954006, 9.468717 ] }, { "date": "2024-11-29", "close": 13.528648, "volume": 34547513, "typical_volume": 20617983.9, "trend": 9.330976, "fair_value": 10.435457, "relative_strength": 24.702176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.648346, "energy": 88.787485, "activity_lines": [ 12.819877, 11.82268, 10.374665, 9.750126 ] }, { "date": "2024-12-06", "close": 13.361142, "volume": 27501756, "typical_volume": 21549532.85, "trend": 9.420535, "fair_value": 10.456635, "relative_strength": 21.092823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.199122, "energy": 70.584023, "activity_lines": [ 13.079993, 12.261828, 10.752993, 10.010136 ] }, { "date": "2024-12-13", "close": 13.637035, "volume": 22582644, "typical_volume": 22224390.3, "trend": 9.505108, "fair_value": 10.477441, "relative_strength": 24.389057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.672332, "energy": 67.856432, "activity_lines": [ 13.344719, 12.66593, 11.130214, 10.282169 ] }, { "date": "2024-12-20", "close": 13.055688, "volume": 19159404, "typical_volume": 22675249.05, "trend": 9.589527, "fair_value": 10.488791, "relative_strength": 19.933437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.952268, "energy": 61.502695, "activity_lines": [ 13.30859, 12.886526, 11.422863, 10.511238 ] }, { "date": "2024-12-27", "close": 12.602434, "volume": 15680359, "typical_volume": 23115819.6, "trend": 9.689723, "fair_value": 10.501088, "relative_strength": 15.863617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.444998, "energy": 53.740443, "activity_lines": [ 13.093131, 12.947186, 11.64837, 10.705619 ] }, { "date": "2025-01-03", "close": 11.282084, "volume": 12725434, "typical_volume": 23470440.3, "trend": 9.776793, "fair_value": 10.498039, "relative_strength": 11.997546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.467586, "energy": 36.032769, "activity_lines": [ 12.441495, 12.702045, 11.725569, 10.808352 ] }, { "date": "2025-01-10", "close": 10.720445, "volume": 12589985, "typical_volume": 23813582.7, "trend": 9.843881, "fair_value": 10.491654, "relative_strength": 7.90783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.305953, "energy": 24.710941, "activity_lines": [ 11.752418, 12.344993, 11.732912, 10.869233 ] }, { "date": "2025-01-17", "close": 12.14918, "volume": 22283973, "typical_volume": 23609675.9, "trend": 9.972461, "fair_value": 10.492023, "relative_strength": 18.097235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.219955, "energy": 24.156684, "activity_lines": [ 11.715633, 12.271899, 11.860961, 11.017962 ] }, { "date": "2025-01-24", "close": 12.168887, "volume": 40346979, "typical_volume": 24871503.9, "trend": 10.09823, "fair_value": 10.495351, "relative_strength": 16.898547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.546209, "energy": 21.932437, "activity_lines": [ 11.784606, 12.200238, 11.971647, 11.159667 ] }, { "date": "2025-01-31", "close": 11.961967, "volume": 3698106, "typical_volume": 24597648.4, "trend": 10.223406, "fair_value": 10.491063, "relative_strength": 16.486774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.462462, "energy": 17.226467, "activity_lines": [ 11.843726, 12.099376, 12.042966, 11.279908 ] }, { "date": "2025-02-07", "close": 11.961967, "volume": 12449737, "typical_volume": 24873733.5, "trend": 10.35583, "fair_value": 10.492504, "relative_strength": 11.640529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.729271, "energy": 16.290729, "activity_lines": [ 11.945545, 12.011233, 12.094636, 11.392073 ] }, { "date": "2025-02-14", "close": 11.725486, "volume": 22611351, "typical_volume": 25260245.95, "trend": 10.492978, "fair_value": 10.486075, "relative_strength": 7.036797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.932895, "energy": 17.614458, "activity_lines": [ 11.92321, 11.908579, 12.104877, 11.480438 ] }, { "date": "2025-02-21", "close": 11.577685, "volume": 14202556, "typical_volume": 25588041.3, "trend": 10.628776, "fair_value": 10.483275, "relative_strength": 3.167845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.01793, "energy": 11.05437, "activity_lines": [ 11.784606, 11.808792, 12.086514, 11.550419 ] }, { "date": "2025-02-28", "close": 11.282084, "volume": 12230909, "typical_volume": 24964116.3, "trend": 10.737483, "fair_value": 10.479469, "relative_strength": 3.878419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.819758, "energy": 8.264518, "activity_lines": [ 11.585568, 11.692701, 12.029427, 11.592568 ] }, { "date": "2025-03-07", "close": 12.838914, "volume": 25869890, "typical_volume": 25508085.9, "trend": 10.903288, "fair_value": 10.485544, "relative_strength": 15.07113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.629065, "energy": 19.665534, "activity_lines": [ 11.964593, 11.891918, 12.108751, 11.728144 ] }, { "date": "2025-03-14", "close": 13.774982, "volume": 25591294, "typical_volume": 25738148.6, "trend": 11.100946, "fair_value": 10.493997, "relative_strength": 21.223842, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.308995, "energy": 41.841915, "activity_lines": [ 12.597178, 12.257029, 12.258881, 11.913415 ] }, { "date": "2025-03-21", "close": 14.336623, "volume": 16865567, "typical_volume": 23358568.6, "trend": 11.329035, "fair_value": 10.503483, "relative_strength": 28.662723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.707241, "energy": 72.366075, "activity_lines": [ 13.296109, 12.678931, 12.448065, 12.122168 ] }, { "date": "2025-03-28", "close": 13.863663, "volume": 17034682, "typical_volume": 22332446.25, "trend": 11.520867, "fair_value": 10.506018, "relative_strength": 24.55379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.745576, "energy": 74.871911, "activity_lines": [ 13.663311, 12.949092, 12.58132, 12.285693 ] }, { "date": "2025-04-04", "close": 14.228236, "volume": 13784956, "typical_volume": 20515453.2, "trend": 11.727128, "fair_value": 10.506709, "relative_strength": 29.887333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.203234, "energy": 79.084297, "activity_lines": [ 13.999639, 13.254367, 12.740568, 12.460362 ] }, { "date": "2025-04-11", "close": 14.750464, "volume": 19422750, "typical_volume": 19558992.25, "trend": 11.957628, "fair_value": 10.518287, "relative_strength": 40.647035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.674527, "energy": 77.97276, "activity_lines": [ 14.313632, 13.617149, 12.941952, 12.655415 ] }, { "date": "2025-04-18", "close": 14.582957, "volume": 47551650, "typical_volume": 20209199.1, "trend": 12.177339, "fair_value": 10.52764, "relative_strength": 38.247715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.386404, "energy": 67.954592, "activity_lines": [ 14.444353, 13.898776, 13.117436, 12.824792 ] }, { "date": "2025-04-25", "close": 14.730758, "volume": 21737844, "typical_volume": 19921003.5, "trend": 12.37921, "fair_value": 10.545776, "relative_strength": 36.259261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.35304, "energy": 64.215172, "activity_lines": [ 14.570476, 14.159621, 13.301975, 12.989528 ] }, { "date": "2025-05-02", "close": 14.720904, "volume": 11727608, "typical_volume": 19378251.7, "trend": 12.557983, "fair_value": 10.561643, "relative_strength": 35.001184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.237549, "energy": 53.357616, "activity_lines": [ 14.667039, 14.364034, 13.479054, 13.140605 ] }, { "date": "2025-05-09", "close": 14.592811, "volume": 17845019, "typical_volume": 19312532.45, "trend": 12.751352, "fair_value": 10.572639, "relative_strength": 30.045291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.78973, "energy": 47.330011, "activity_lines": [ 14.663755, 14.488007, 13.638772, 13.271884 ] }, { "date": "2025-05-16", "close": 14.139557, "volume": 14684770, "typical_volume": 19262753.0, "trend": 12.923107, "fair_value": 10.595481, "relative_strength": 24.820397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.590343, "energy": 39.939535, "activity_lines": [ 14.485081, 14.469375, 13.748003, 13.361446 ] }, { "date": "2025-05-23", "close": 13.656742, "volume": 16191543, "typical_volume": 19436058.45, "trend": 13.020222, "fair_value": 10.627016, "relative_strength": 20.637561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.717808, "energy": 25.972483, "activity_lines": [ 14.186196, 14.339311, 13.803933, 13.408777 ] }, { "date": "2025-05-30", "close": 13.676449, "volume": 12702769, "typical_volume": 19441697.65, "trend": 13.074409, "fair_value": 10.657425, "relative_strength": 21.2122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.25381, "energy": 19.09638, "activity_lines": [ 13.955627, 14.214979, 13.850431, 13.451115 ] }, { "date": "2025-06-06", "close": 14.169116, "volume": 9612956, "typical_volume": 18808146.8, "trend": 13.145682, "fair_value": 10.690137, "relative_strength": 22.858518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.141668, "energy": 19.423291, "activity_lines": [ 13.959568, 14.192227, 13.929774, 13.521741 ] }, { "date": "2025-06-13", "close": 13.518796, "volume": 12969574, "typical_volume": 17439276.55, "trend": 13.175242, "fair_value": 10.7171, "relative_strength": 17.148312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.434799, "energy": 17.808589, "activity_lines": [ 13.783522, 14.045681, 13.937563, 13.545813 ] }, { "date": "2025-06-20", "close": 12.927594, "volume": 10320690, "typical_volume": 17770405.75, "trend": 13.18411, "fair_value": 10.741227, "relative_strength": 12.619218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.292205, "energy": 10.053766, "activity_lines": [ 13.482009, 13.804543, 13.882619, 13.529835 ] }, { "date": "2025-06-27", "close": 13.528648, "volume": 15529049, "typical_volume": 17924371.35, "trend": 13.18411, "fair_value": 10.764763, "relative_strength": 12.942283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.490821, "energy": 12.644286, "activity_lines": [ 13.461646, 13.70583, 13.880319, 13.552064 ] }, { "date": "2025-07-04", "close": 13.558209, "volume": 12530733, "typical_volume": 17420340.45, "trend": 13.190679, "fair_value": 10.788046, "relative_strength": 11.145078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.974353, "energy": 13.636267, "activity_lines": [ 13.459675, 13.631661, 13.873375, 13.576199 ] }, { "date": "2025-07-11", "close": 13.725716, "volume": 14258646, "typical_volume": 17423144.95, "trend": 13.193635, "fair_value": 10.813239, "relative_strength": 9.854257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.187318, "energy": 12.275978, "activity_lines": [ 13.521423, 13.609267, 13.873657, 13.610718 ] }, { "date": "2025-07-18", "close": 13.983901, "volume": 16758884, "typical_volume": 17649543.7, "trend": 13.224575, "fair_value": 10.825655, "relative_strength": 8.923064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.162439, "energy": 13.81338, "activity_lines": [ 13.698792, 13.65191, 13.888299, 13.661703 ] }, { "date": "2025-07-25", "close": 13.795331, "volume": 16188119, "typical_volume": 17165455.15, "trend": 13.264339, "fair_value": 10.842625, "relative_strength": 4.389011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.598695, "energy": 15.918499, "activity_lines": [ 13.782298, 13.671339, 13.872116, 13.698525 ] }, { "date": "2025-08-01", "close": 13.805256, "volume": 17327781, "typical_volume": 16752279.5, "trend": 13.348444, "fair_value": 10.860232, "relative_strength": 5.598412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.991261, "energy": 17.482827, "activity_lines": [ 13.811263, 13.698831, 13.852324, 13.733423 ] }, { "date": "2025-08-08", "close": 13.815181, "volume": 15635471, "typical_volume": 16690774.7, "trend": 13.451602, "fair_value": 10.882434, "relative_strength": 3.858916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.327561, "energy": 17.216499, "activity_lines": [ 13.825096, 13.725427, 13.833333, 13.763535 ] }, { "date": "2025-08-15", "close": 13.596838, "volume": 20115833, "typical_volume": 16844832.25, "trend": 13.499857, "fair_value": 10.901961, "relative_strength": -2.587075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.47034, "energy": 10.260045, "activity_lines": [ 13.749016, 13.709802, 13.79603, 13.772905 ] }, { "date": "2025-08-22", "close": 14.162546, "volume": 31338729, "typical_volume": 17722520.9, "trend": 13.566313, "fair_value": 10.926742, "relative_strength": -3.350467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.231403, "energy": 14.784591, "activity_lines": [ 13.870098, 13.807438, 13.813875, 13.81566 ] }, { "date": "2025-08-29", "close": 13.745708, "volume": 29741563, "typical_volume": 18238461.55, "trend": 13.625771, "fair_value": 10.9507, "relative_strength": -10.271227, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.506188, "energy": 11.267145, "activity_lines": [ 13.840324, 13.817581, 13.792334, 13.827233 ] }, { "date": "2025-09-05", "close": 13.100602, "volume": 21633139, "typical_volume": 16942536.0, "trend": 13.663725, "fair_value": 10.961633, "relative_strength": -13.836029, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.968242, "energy": 20.470316, "activity_lines": [ 13.598822, 13.695557, 13.714139, 13.793352 ] }, { "date": "2025-09-12", "close": 13.001356, "volume": 11521876, "typical_volume": 16431737.6, "trend": 13.706254, "fair_value": 10.974042, "relative_strength": -16.728333, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.904781, "energy": 36.610153, "activity_lines": [ 13.371216, 13.563271, 13.633551, 13.750618 ] }, { "date": "2025-09-19", "close": 13.170076, "volume": 13649372, "typical_volume": 16527825.8, "trend": 13.759334, "fair_value": 10.987973, "relative_strength": -16.618433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.505345, "energy": 54.109052, "activity_lines": [ 13.254105, 13.471786, 13.577266, 13.716026 ] }, { "date": "2025-09-26", "close": 12.624217, "volume": 14946941, "typical_volume": 16382921.9, "trend": 13.804072, "fair_value": 10.999197, "relative_strength": -20.965587, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.492587, "energy": 69.088048, "activity_lines": [ 12.983491, 13.291157, 13.47638, 13.642793 ] }, { "date": "2025-10-03", "close": 12.71354, "volume": 4501223, "typical_volume": 15873744.55, "trend": 13.799893, "fair_value": 11.005889, "relative_strength": -22.337934, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.397672, "energy": 67.551362, "activity_lines": [ 12.845207, 13.151489, 13.393375, 13.572436 ] }, { "date": "2025-10-10", "close": 12.783012, "volume": 4158799, "typical_volume": 15272107.35, "trend": 13.766827, "fair_value": 11.019275, "relative_strength": -21.01774, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.951393, "energy": 61.661096, "activity_lines": [ 12.798892, 13.044122, 13.323777, 13.506831 ] }, { "date": "2025-10-17", "close": 12.54482, "volume": 10302305, "typical_volume": 15152084.15, "trend": 13.7071, "fair_value": 11.030606, "relative_strength": -18.574588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.279812, "energy": 62.912241, "activity_lines": [ 12.694352, 12.912034, 13.235655, 13.427991 ] }, { "date": "2025-10-24", "close": 13.03113, "volume": 10479445, "typical_volume": 15195408.6, "trend": 13.679349, "fair_value": 11.050379, "relative_strength": -19.198695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.460981, "energy": 38.648974, "activity_lines": [ 12.782351, 12.891462, 13.199236, 13.38438 ] }, { "date": "2025-10-31", "close": 12.981506, "volume": 10077693, "typical_volume": 15050814.55, "trend": 13.637791, "fair_value": 11.067501, "relative_strength": -19.810499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.362123, "energy": 32.056605, "activity_lines": [ 12.863072, 12.872154, 13.163511, 13.339358 ] }, { "date": "2025-11-07", "close": 13.527365, "volume": 15192311, "typical_volume": 15294395.6, "trend": 13.597021, "fair_value": 11.089399, "relative_strength": -16.508634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.878728, "energy": 15.343255, "activity_lines": [ 13.101926, 12.973567, 13.18233, 13.332234 ] }, { "date": "2025-11-14", "close": 13.735784, "volume": 14417043, "typical_volume": 15238795.3, "trend": 13.568782, "fair_value": 11.115932, "relative_strength": -13.829853, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.180721, "energy": 15.03681, "activity_lines": [ 13.355999, 13.116843, 13.218143, 13.341186 ] }, { "date": "2025-11-21", "close": 12.465423, "volume": 17333264, "typical_volume": 15478921.85, "trend": 13.493271, "fair_value": 11.129703, "relative_strength": -17.282386, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.728312, "energy": 21.490848, "activity_lines": [ 13.123099, 13.017596, 13.131983, 13.270002 ] }, { "date": "2025-11-28", "close": 13.021205, "volume": 11188130, "typical_volume": 15325396.05, "trend": 13.436614, "fair_value": 11.147343, "relative_strength": -16.197695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.179573, "energy": 15.296197, "activity_lines": [ 13.080754, 13.029145, 13.103958, 13.239546 ] }, { "date": "2025-12-05", "close": 12.971581, "volume": 11596718, "typical_volume": 15067287.75, "trend": 13.382574, "fair_value": 11.164226, "relative_strength": -17.221268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.67918, "energy": 20.671088, "activity_lines": [ 13.022528, 13.034378, 13.074562, 13.209544 ] }, { "date": "2025-12-12", "close": 12.01881, "volume": 12586594, "typical_volume": 14887211.5, "trend": 13.311882, "fair_value": 11.177378, "relative_strength": -23.48917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.2816, "energy": 56.359228, "activity_lines": [ 12.647375, 12.860064, 12.959247, 13.121559 ] }, { "date": "2025-12-19", "close": 12.54482, "volume": 12033944, "typical_volume": 14622519.65, "trend": 13.274818, "fair_value": 11.192581, "relative_strength": -19.065991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.045791, "energy": 50.055899, "activity_lines": [ 12.548128, 12.79402, 12.902487, 13.072071 ] }, { "date": "2025-12-26", "close": 12.326476, "volume": 9770886, "typical_volume": 14329290.4, "trend": 13.229819, "fair_value": 11.20194, "relative_strength": -22.837876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.662346, "energy": 57.723246, "activity_lines": [ 12.455497, 12.692607, 12.830935, 13.010888 ] }, { "date": "2026-01-02", "close": 12.346325, "volume": 6696510, "typical_volume": 13658324.25, "trend": 13.169059, "fair_value": 11.214683, "relative_strength": -21.972759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.62732, "energy": 59.703252, "activity_lines": [ 12.378746, 12.598774, 12.768362, 12.953888 ] }, { "date": "2026-01-09", "close": 12.574594, "volume": 14414856, "typical_volume": 12812130.6, "trend": 13.137586, "fair_value": 11.232673, "relative_strength": -23.623689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.895437, "energy": 36.190992, "activity_lines": [ 12.423077, 12.558895, 12.733483, 12.915536 ] }, { "date": "2026-01-16", "close": 12.564669, "volume": 16822052, "typical_volume": 12166155.05, "trend": 13.125488, "fair_value": 11.249588, "relative_strength": -24.148864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.899329, "energy": 30.856621, "activity_lines": [ 12.490565, 12.524609, 12.705222, 12.878573 ] }, { "date": "2026-01-23", "close": 13.249474, "volume": 14385301, "typical_volume": 11803763.15, "trend": 13.116182, "fair_value": 11.268604, "relative_strength": -20.544509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.737963, "energy": 10.799896, "activity_lines": [ 12.74993, 12.632337, 12.747803, 12.886572 ] }, { "date": "2026-01-30", "close": 13.378494, "volume": 17001070, "typical_volume": 12077722.85, "trend": 13.110192, "fair_value": 11.290999, "relative_strength": -18.128718, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.87705, "energy": 14.620259, "activity_lines": [ 13.005326, 12.772366, 12.801964, 12.903496 ] }, { "date": "2026-02-06", "close": 13.547214, "volume": 26540028, "typical_volume": 12722255.65, "trend": 13.104242, "fair_value": 11.312276, "relative_strength": -15.090077, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.435674, "energy": 25.926141, "activity_lines": [ 13.246827, 12.926469, 12.870397, 12.931691 ] }, { "date": "2026-02-13", "close": 13.725859, "volume": 24538285, "typical_volume": 13201822.85, "trend": 13.09564, "fair_value": 11.330958, "relative_strength": -14.983518, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.777555, "energy": 38.38676, "activity_lines": [ 13.467817, 13.10349, 12.954048, 12.971795 ] }, { "date": "2026-02-27", "close": 13.894579, "volume": 14229080, "typical_volume": 13688215.7, "trend": 13.098949, "fair_value": 11.350413, "relative_strength": -16.14965, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.354539, "energy": 58.923571, "activity_lines": [ 13.668296, 13.297473, 13.048522, 13.02334 ] }, { "date": "2026-03-06", "close": 13.924353, "volume": 20483306, "typical_volume": 14504441.05, "trend": 13.102919, "fair_value": 11.370235, "relative_strength": -13.941212, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.530195, "energy": 58.873363, "activity_lines": [ 13.790039, 13.462764, 13.140207, 13.076591 ] }, { "date": "2026-03-13", "close": 13.894579, "volume": 16650774, "typical_volume": 14821864.5, "trend": 13.105565, "fair_value": 11.38991, "relative_strength": -14.471526, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.375242, "energy": 65.289393, "activity_lines": [ 13.856865, 13.59756, 13.223622, 13.127666 ] }, { "date": "2026-03-20", "close": 12.247079, "volume": 20576887, "typical_volume": 15326736.6, "trend": 13.060573, "fair_value": 11.39986, "relative_strength": -21.868083, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 18.989882, "energy": 15.48534, "activity_lines": [ 13.340119, 13.404299, 13.143704, 13.07228 ] }, { "date": "2026-03-27", "close": 12.84256, "volume": 27022126, "typical_volume": 16173958.25, "trend": 13.016574, "fair_value": 11.415476, "relative_strength": -16.861773, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.006161, "energy": 15.381365, "activity_lines": [ 13.108543, 13.321112, 13.124233, 13.058215 ] }, { "date": "2026-04-03", "close": 12.147831, "volume": 21569322, "typical_volume": 16492808.8, "trend": 12.963311, "fair_value": 11.427826, "relative_strength": -18.40419, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.452651, "energy": 22.418959, "activity_lines": [ 12.704276, 13.106738, 13.039259, 13.002167 ] }, { "date": "2026-04-10", "close": 13.259398, "volume": 16978811, "typical_volume": 16620897.2, "trend": 12.968604, "fair_value": 11.445322, "relative_strength": -16.247298, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.651081, "energy": 18.391507, "activity_lines": [ 12.786982, 13.102046, 13.066717, 13.021269 ] }, { "date": "2026-04-17", "close": 16.236809, "volume": 49162566, "typical_volume": 18212362.3, "trend": 13.076453, "fair_value": 11.483048, "relative_strength": -0.70272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.547391, "energy": 45.006927, "activity_lines": [ 13.906489, 13.638522, 13.380007, 13.232121 ] }, { "date": "2026-04-24", "close": 14.182395, "volume": 111836688, "typical_volume": 23244790.2, "trend": 13.110197, "fair_value": 11.509848, "relative_strength": -12.758079, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.241587, "energy": 46.121289, "activity_lines": [ 14.185042, 13.749498, 13.479679, 13.303472 ] }, { "date": "2026-05-01", "close": 13.795331, "volume": 46974265, "typical_volume": 25013667.55, "trend": 13.149234, "fair_value": 11.534212, "relative_strength": -15.221088, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.734943, "energy": 43.863954, "activity_lines": [ 14.205553, 13.77855, 13.536959, 13.347674 ] }, { "date": "2026-05-08", "close": 14.738178, "volume": 30245698, "typical_volume": 25896622.75, "trend": 13.216722, "fair_value": 11.567655, "relative_strength": -11.226017, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.722988, "energy": 57.13275, "activity_lines": [ 14.476828, 13.977766, 13.680111, 13.450187 ] }, { "date": "2026-05-15", "close": 14.222094, "volume": 43291834, "typical_volume": 27459517.25, "trend": 13.264691, "fair_value": 11.597482, "relative_strength": -13.499281, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.041636, "energy": 33.445423, "activity_lines": [ 14.403385, 14.06781, 13.761162, 13.51505 ] }, { "date": "2026-05-22", "close": 13.934278, "volume": 29728821, "typical_volume": 28457414.0, "trend": 13.311006, "fair_value": 11.625333, "relative_strength": -14.675324, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.400234, "energy": 24.812368, "activity_lines": [ 14.169824, 14.10011, 13.806816, 13.558249 ] }, { "date": "2026-05-29", "close": 12.68, "volume": 22601084, "typical_volume": 29252642.7, "trend": 13.299302, "fair_value": 11.645826, "relative_strength": -21.475462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.368827, "energy": 8.203011, "activity_lines": [ 13.671672, 13.903638, 13.725358, 13.517539 ] }, { "date": "2026-06-05", "close": 12.52, "volume": 4333451, "typical_volume": 28748572.45, "trend": 13.283919, "fair_value": 11.662081, "relative_strength": -20.343173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.063946, "energy": 13.23901, "activity_lines": [ 13.220347, 13.670204, 13.627074, 13.467261 ] }, { "date": "2026-06-12", "close": 12.15, "volume": 3937384, "typical_volume": 28104339.05, "trend": 13.238006, "fair_value": 11.675297, "relative_strength": -20.014093, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.104238, "energy": 24.631339, "activity_lines": [ 12.73071, 13.375362, 13.493811, 13.394105 ] }, { "date": "2026-06-19", "close": 11.7, "volume": 14004366, "typical_volume": 28085292.3, "trend": 13.170147, "fair_value": 11.685266, "relative_strength": -27.270046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.406673, "energy": 43.586776, "activity_lines": [ 12.263619, 12.998663, 13.319666, 13.294879 ] }, { "date": "2026-06-26", "close": 10.83, "volume": 3068597, "typical_volume": 27388668.65, "trend": 13.115633, "fair_value": 11.690385, "relative_strength": -30.814919, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.087109, "energy": 62.988547, "activity_lines": [ 11.674667, 12.492134, 13.070042, 13.143902 ] }, { "date": "2026-07-03", "close": 10.94, "volume": 3562713, "typical_volume": 26239802.9, "trend": 13.046259, "fair_value": 11.696148, "relative_strength": -28.449263, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.642132, "energy": 74.769713, "activity_lines": [ 11.329333, 12.103911, 12.84303, 13.003538 ] }, { "date": "2026-07-10", "close": 10.59, "volume": 15900870, "typical_volume": 25807932.15, "trend": 12.966873, "fair_value": 11.70185, "relative_strength": -27.367267, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.593316, "energy": 76.561258, "activity_lines": [ 10.983333, 11.711004, 12.5951, 12.84507 ] }, { "date": "2026-07-17", "close": 10.62, "volume": 18897509, "typical_volume": 26041353.6, "trend": 12.920246, "fair_value": 11.702895, "relative_strength": -19.226789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.931113, "energy": 78.503427, "activity_lines": [ 10.776, 11.38183, 12.364959, 12.693659 ] }, { "date": "2026-07-24", "close": 10.0, "volume": 17287399, "typical_volume": 25881558.25, "trend": 12.835419, "fair_value": 11.699239, "relative_strength": -23.464621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.244206, "energy": 83.321472, "activity_lines": [ 10.464, 11.014805, 12.091365, 12.505256 ] }, { "date": "2026-07-31", "close": 10.67, "volume": 11885224, "typical_volume": 25643280.75, "trend": 12.780203, "fair_value": 11.699029, "relative_strength": -16.397695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.438714, "energy": 75.46491, "activity_lines": [ 10.488667, 10.846364, 11.900267, 12.365551 ] }, { "date": "2026-08-07", "close": 11.22, "volume": 11920797, "typical_volume": 25210476.25, "trend": 12.742659, "fair_value": 11.701435, "relative_strength": -15.772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.936487, "energy": 57.996029, "activity_lines": [ 10.707333, 10.837273, 11.776905, 12.264893 ] } ], "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." } } }