{ "ticker": { "uuid": "81b4402b-331a-4d04-8197-bead2bf691e4", "symbol": "000501", "name": "Wushang Group Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 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": -46.209, "architecture_energy": 38.489, "architecture_maturity": 100.0, "architecture_confidence": 87.208, "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": 26.73, "rotation_up": 27.17, "upward_expansion": 17.81, "deceleration": 46.99, "rotation_down": 37.36, "downward_expansion": 65.48 }, "activity_lines": [ 7.030667, 6.985455, 7.254552, 7.633899 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 7.1, "trend_reference": 8.295663, "distance_from_trend": -0.144131, "trend_direction": "Weakening", "fair_value": 8.348784, "distance_from_fair_value": -0.149577, "fair_value_direction": "Weakening", "relative_strength": -25.10239, "relative_strength_direction": "Improving", "price_momentum": -0.3207, "excess_performance": -0.328099, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144131, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.102842, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.149577, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.114537, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.251024, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.044155, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.3207, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.656009, "read": "Supply-led" } ], "volume": { "latest": 31025597, "relative_activity": 1.094226, "balance": 0.656009, "dry_up": 1.423648, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.068137, "annualized_volatility": 0.29893, "from_high_reference": -0.440886, "from_low_reference": 0.092308 }, "levels": { "trend_reference": 8.295663, "fair_value_reference": 8.348784, "structural_low": 6.5, "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": 29, "median_return": -0.007143, "positive_rate": 0.413793, "directional_follow_through": 0.586207, "median_excess_return": 0.003417, "regime_survival": 0.862069, "best_return": 0.202843, "worst_return": -0.118895, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.065723, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.003499, "regime_survival": 0.666667, "best_return": 0.15307, "worst_return": -0.179514, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.003694, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.03413, "regime_survival": 0.4, "best_return": 0.140506, "worst_return": -0.160769, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.033583, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.031523, "regime_survival": 0.333333, "best_return": -0.00711, "worst_return": -0.139478, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.092664, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-09-20", "tenure": "Established", "return": 0.06452, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-09-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": -0.043506, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-31", "tenure": "Established", "return": 0.043587, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-04-11", "tenure": "Developing", "return": 0.231047, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": -0.077228, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-18", "tenure": "Developing", "return": 0.019399, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": 0.044044, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-12-05", "tenure": "Developing", "return": 0.007533, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.168421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": -0.034286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": -0.040923, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.199801, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.369986, "volume": 31978879, "typical_volume": 34603065.6, "trend": 10.068056, "fair_value": 10.731728, "relative_strength": -2.867521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.249753, "energy": 52.86856, "activity_lines": [ 9.170518, 9.228294, 9.559303, 9.830209 ] }, { "date": "2023-08-04", "close": 9.4544, "volume": 51625226, "typical_volume": 35273160.4, "trend": 10.034763, "fair_value": 10.676578, "relative_strength": -3.21586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.06865, "energy": 41.710738, "activity_lines": [ 9.267438, 9.258637, 9.514355, 9.790618 ] }, { "date": "2023-08-11", "close": 9.088605, "volume": 28662625, "typical_volume": 34849332.1, "trend": 10.007943, "fair_value": 10.617515, "relative_strength": -3.324976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.46893, "energy": 36.749284, "activity_lines": [ 9.230546, 9.221625, 9.441992, 9.729576 ] }, { "date": "2023-08-18", "close": 8.938536, "volume": 22650323, "typical_volume": 33009905.4, "trend": 9.980166, "fair_value": 10.529133, "relative_strength": -1.898676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.525372, "energy": 45.674702, "activity_lines": [ 9.154261, 9.163981, 9.363168, 9.660582 ] }, { "date": "2023-08-25", "close": 8.638396, "volume": 22508938, "typical_volume": 32391061.65, "trend": 9.933672, "fair_value": 10.440453, "relative_strength": -2.29564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.854913, "energy": 60.538539, "activity_lines": [ 8.966048, 9.060979, 9.266483, 9.574016 ] }, { "date": "2023-09-01", "close": 8.891639, "volume": 37451431, "typical_volume": 32169817.0, "trend": 9.890331, "fair_value": 10.35822, "relative_strength": -2.782004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.255289, "energy": 68.783585, "activity_lines": [ 8.897266, 9.019539, 9.204203, 9.506788 ] }, { "date": "2023-09-08", "close": 8.769708, "volume": 20672614, "typical_volume": 31764764.85, "trend": 9.843237, "fair_value": 10.287699, "relative_strength": -2.525572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.858799, "energy": 73.50881, "activity_lines": [ 8.819731, 8.962581, 9.138324, 9.43449 ] }, { "date": "2023-09-15", "close": 8.807226, "volume": 16810284, "typical_volume": 31106703.7, "trend": 9.798949, "fair_value": 10.232701, "relative_strength": -0.885484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.831347, "energy": 63.152217, "activity_lines": [ 8.800347, 8.921653, 9.083324, 9.36765 ] }, { "date": "2023-09-22", "close": 8.694673, "volume": 21057070, "typical_volume": 31199463.95, "trend": 9.723532, "fair_value": 10.188894, "relative_strength": -2.517558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.605272, "energy": 52.260918, "activity_lines": [ 8.762204, 8.868276, 9.026242, 9.296407 ] }, { "date": "2023-09-29", "close": 8.666534, "volume": 10227510, "typical_volume": 29579252.45, "trend": 9.646244, "fair_value": 10.151357, "relative_strength": -2.116884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.410521, "energy": 51.587453, "activity_lines": [ 8.73094, 8.810977, 8.975032, 9.228213 ] }, { "date": "2023-10-13", "close": 8.469566, "volume": 19242405, "typical_volume": 28652746.45, "trend": 9.564879, "fair_value": 10.111163, "relative_strength": -3.854755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.288588, "energy": 55.159024, "activity_lines": [ 8.632143, 8.726903, 8.912994, 9.152299 ] }, { "date": "2023-10-20", "close": 8.075635, "volume": 19272048, "typical_volume": 28014928.45, "trend": 9.46696, "fair_value": 10.075068, "relative_strength": -3.458776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.549291, "energy": 79.220355, "activity_lines": [ 8.430174, 8.587577, 8.818795, 9.056218 ] }, { "date": "2023-10-27", "close": 8.160049, "volume": 20537361, "typical_volume": 27453719.9, "trend": 9.381189, "fair_value": 10.041141, "relative_strength": -4.433864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.202398, "energy": 85.780807, "activity_lines": [ 8.302615, 8.488668, 8.73898, 8.971902 ] }, { "date": "2023-11-03", "close": 8.009978, "volume": 18036392, "typical_volume": 26945918.05, "trend": 9.275171, "fair_value": 10.005439, "relative_strength": -6.882184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.683341, "energy": 90.84085, "activity_lines": [ 8.168177, 8.379355, 8.651036, 8.883436 ] }, { "date": "2023-11-10", "close": 7.888047, "volume": 24778592, "typical_volume": 26853029.65, "trend": 9.178155, "fair_value": 9.970872, "relative_strength": -9.326898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.295005, "energy": 91.09315, "activity_lines": [ 8.038742, 8.264756, 8.558314, 8.793944 ] }, { "date": "2023-11-17", "close": 8.047497, "volume": 36495977, "typical_volume": 27825626.85, "trend": 9.093921, "fair_value": 9.942558, "relative_strength": -7.444375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.139072, "energy": 81.360533, "activity_lines": [ 8.014356, 8.192791, 8.488416, 8.720999 ] }, { "date": "2023-11-24", "close": 8.300739, "volume": 49593690, "typical_volume": 28948727.6, "trend": 9.02715, "fair_value": 9.919761, "relative_strength": -3.144745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.023332, "energy": 58.443201, "activity_lines": [ 8.102522, 8.182218, 8.448397, 8.669826 ] }, { "date": "2023-12-01", "close": 8.29136, "volume": 34613892, "typical_volume": 29492456.45, "trend": 8.949489, "fair_value": 9.891673, "relative_strength": -2.082571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.491506, "energy": 48.205789, "activity_lines": [ 8.172555, 8.178466, 8.41213, 8.622355 ] }, { "date": "2023-12-08", "close": 8.44143, "volume": 85335839, "typical_volume": 31118287.7, "trend": 8.881186, "fair_value": 9.866988, "relative_strength": 1.341875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.111984, "energy": 29.054662, "activity_lines": [ 8.283857, 8.211379, 8.394711, 8.589577 ] }, { "date": "2023-12-15", "close": 8.460189, "volume": 55552300, "typical_volume": 31355169.8, "trend": 8.818797, "fair_value": 9.839111, "relative_strength": 3.323981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.353295, "energy": 23.582611, "activity_lines": [ 8.372648, 8.252308, 8.380598, 8.562416 ] }, { "date": "2023-12-22", "close": 7.822392, "volume": 34229584, "typical_volume": 31467705.05, "trend": 8.759726, "fair_value": 9.815165, "relative_strength": -2.66929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.68026, "energy": 32.250901, "activity_lines": [ 8.210698, 8.181025, 8.309091, 8.498132 ] }, { "date": "2023-12-29", "close": 7.99122, "volume": 20847185, "typical_volume": 29928803.0, "trend": 8.712504, "fair_value": 9.791836, "relative_strength": -3.560523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.92543, "energy": 36.948596, "activity_lines": [ 8.12003, 8.152204, 8.261033, 8.448551 ] }, { "date": "2024-01-05", "close": 7.784873, "volume": 14876417, "typical_volume": 29239492.6, "trend": 8.656848, "fair_value": 9.7716, "relative_strength": -1.69715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.844682, "energy": 48.088471, "activity_lines": [ 7.981215, 8.087401, 8.200291, 8.388704 ] }, { "date": "2024-01-12", "close": 7.934945, "volume": 39368049, "typical_volume": 30075378.9, "trend": 8.606506, "fair_value": 9.751281, "relative_strength": 1.686976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.294689, "energy": 48.7662, "activity_lines": [ 7.92619, 8.056705, 8.160049, 8.342129 ] }, { "date": "2024-01-19", "close": 7.55039, "volume": 26489548, "typical_volume": 30274409.4, "trend": 8.541789, "fair_value": 9.730588, "relative_strength": -0.912852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.601382, "energy": 63.092381, "activity_lines": [ 7.776745, 7.957455, 8.087962, 8.273993 ] }, { "date": "2024-01-26", "close": 7.606665, "volume": 27959424, "typical_volume": 29799809.05, "trend": 8.486763, "fair_value": 9.711651, "relative_strength": 0.049539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.46813, "energy": 59.703443, "activity_lines": [ 7.706712, 7.874575, 8.026415, 8.213662 ] }, { "date": "2024-02-02", "close": 6.912592, "volume": 28134979, "typical_volume": 30172927.3, "trend": 8.407976, "fair_value": 9.691345, "relative_strength": -1.150232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.491381, "energy": 71.615388, "activity_lines": [ 7.419704, 7.673515, 7.904885, 8.112103 ] }, { "date": "2024-02-09", "close": 7.043904, "volume": 31872423, "typical_volume": 30926034.25, "trend": 8.334505, "fair_value": 9.673972, "relative_strength": -7.910783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.908148, "energy": 72.357418, "activity_lines": [ 7.248374, 7.521569, 7.804705, 8.024098 ] }, { "date": "2024-02-23", "close": 7.100181, "volume": 29902633, "typical_volume": 31368312.4, "trend": 8.279167, "fair_value": 9.650568, "relative_strength": -9.586734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.555216, "energy": 69.36064, "activity_lines": [ 7.145201, 7.402537, 7.718281, 7.944464 ] }, { "date": "2024-03-01", "close": 7.006386, "volume": 36717976, "typical_volume": 32692835.7, "trend": 8.207258, "fair_value": 9.635105, "relative_strength": -14.001792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.862397, "energy": 70.761131, "activity_lines": [ 7.066414, 7.290837, 7.630516, 7.86235 ] }, { "date": "2024-03-08", "close": 6.828178, "volume": 20149945, "typical_volume": 32738212.7, "trend": 8.122531, "fair_value": 9.618267, "relative_strength": -15.222402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.906847, "energy": 64.968904, "activity_lines": [ 6.964492, 7.173169, 7.533686, 7.773377 ] }, { "date": "2024-03-15", "close": 7.006386, "volume": 25318995, "typical_volume": 33040560.05, "trend": 8.040931, "fair_value": 9.599666, "relative_strength": -14.837936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.467097, "energy": 55.51428, "activity_lines": [ 6.973871, 7.105978, 7.461643, 7.701367 ] }, { "date": "2024-03-22", "close": 7.072042, "volume": 22281249, "typical_volume": 33127754.45, "trend": 7.973712, "fair_value": 9.578173, "relative_strength": -13.198078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.832927, "energy": 48.505706, "activity_lines": [ 6.998883, 7.068631, 7.400945, 7.638858 ] }, { "date": "2024-03-29", "close": 6.94073, "volume": 18330758, "typical_volume": 33142472.75, "trend": 7.907118, "fair_value": 9.557117, "relative_strength": -12.848472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.351711, "energy": 47.860882, "activity_lines": [ 6.978248, 7.02037, 7.332922, 7.572214 ] }, { "date": "2024-04-05", "close": 7.306526, "volume": 23090619, "typical_volume": 33058074.1, "trend": 7.862723, "fair_value": 9.53614, "relative_strength": -9.315399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.225013, "energy": 32.672567, "activity_lines": [ 7.090175, 7.056694, 7.304829, 7.533466 ] }, { "date": "2024-04-12", "close": 7.203353, "volume": 25564948, "typical_volume": 32511522.65, "trend": 7.806446, "fair_value": 9.515896, "relative_strength": -7.161836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.76561, "energy": 26.631766, "activity_lines": [ 7.147702, 7.078693, 7.269679, 7.490926 ] }, { "date": "2024-04-19", "close": 6.753143, "volume": 30894508, "typical_volume": 31576563.55, "trend": 7.739228, "fair_value": 9.488931, "relative_strength": -13.097785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.631866, "energy": 35.07145, "activity_lines": [ 7.030147, 7.026168, 7.195671, 7.422971 ] }, { "date": "2024-04-26", "close": 6.921972, "volume": 17979215, "typical_volume": 30744829.7, "trend": 7.676386, "fair_value": 9.458166, "relative_strength": -12.329632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.686142, "energy": 35.264158, "activity_lines": [ 6.985752, 7.007239, 7.145112, 7.370245 ] }, { "date": "2024-05-03", "close": 7.137698, "volume": 15459557, "typical_volume": 27251015.6, "trend": 7.624487, "fair_value": 9.430993, "relative_strength": -10.438436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.488842, "energy": 34.352572, "activity_lines": [ 7.023269, 7.029749, 7.121618, 7.335491 ] }, { "date": "2024-05-10", "close": 7.306526, "volume": 25988488, "typical_volume": 25772825.0, "trend": 7.579153, "fair_value": 9.405425, "relative_strength": -9.287724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.861764, "energy": 28.21689, "activity_lines": [ 7.103932, 7.082274, 7.120413, 7.314978 ] }, { "date": "2024-05-17", "close": 7.40032, "volume": 28648204, "typical_volume": 25493756.0, "trend": 7.543512, "fair_value": 9.380807, "relative_strength": -7.538517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.08038, "energy": 12.753963, "activity_lines": [ 7.215859, 7.146395, 7.133633, 7.30344 ] }, { "date": "2024-05-24", "close": 7.287767, "volume": 32411885, "typical_volume": 26071991.0, "trend": 7.517249, "fair_value": 9.361685, "relative_strength": -5.829207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.477437, "energy": 18.196677, "activity_lines": [ 7.277137, 7.179649, 7.138144, 7.28694 ] }, { "date": "2024-05-31", "close": 7.184594, "volume": 16931588, "typical_volume": 26174749.55, "trend": 7.484734, "fair_value": 9.34167, "relative_strength": -6.351023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.543471, "energy": 16.875538, "activity_lines": [ 7.268383, 7.189028, 7.136179, 7.265479 ] }, { "date": "2024-06-07", "close": 6.696867, "volume": 33778585, "typical_volume": 25895276.35, "trend": 7.440964, "fair_value": 9.319574, "relative_strength": -11.394536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.138032, "energy": 25.487055, "activity_lines": [ 7.079545, 7.107683, 7.090622, 7.214649 ] }, { "date": "2024-06-14", "close": 6.612453, "volume": 20121467, "typical_volume": 25576872.3, "trend": 7.398444, "fair_value": 9.293682, "relative_strength": -12.179154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.971899, "energy": 56.243399, "activity_lines": [ 6.891958, 7.015425, 7.042921, 7.161196 ] }, { "date": "2024-06-21", "close": 6.387348, "volume": 19482122, "typical_volume": 25153007.2, "trend": 7.343106, "fair_value": 9.267859, "relative_strength": -13.064868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.257143, "energy": 77.194542, "activity_lines": [ 6.675607, 6.894857, 6.978248, 7.095964 ] }, { "date": "2024-06-28", "close": 6.256037, "volume": 19737492, "typical_volume": 24733132.85, "trend": 7.274949, "fair_value": 9.23823, "relative_strength": -12.497142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.799653, "energy": 85.20149, "activity_lines": [ 6.483018, 6.765251, 6.906876, 7.025831 ] }, { "date": "2024-07-05", "close": 6.978248, "volume": 72714130, "typical_volume": 26775218.2, "trend": 7.231178, "fair_value": 9.209976, "relative_strength": -0.59466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.068961, "energy": 68.833071, "activity_lines": [ 6.599947, 6.775995, 6.907412, 7.006689 ] }, { "date": "2024-07-12", "close": 6.84668, "volume": 43724496, "typical_volume": 27466311.35, "trend": 7.17802, "fair_value": 9.185761, "relative_strength": -4.059769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.219683, "energy": 41.536047, "activity_lines": [ 6.686777, 6.761794, 6.89573, 6.981882 ] }, { "date": "2024-07-19", "close": 6.960004, "volume": 39451893, "typical_volume": 27603007.2, "trend": 7.128014, "fair_value": 9.161372, "relative_strength": -2.85352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.967048, "energy": 23.310774, "activity_lines": [ 6.801394, 6.773488, 6.896048, 6.967817 ] }, { "date": "2024-07-26", "close": 6.41227, "volume": 36551268, "typical_volume": 28423073.35, "trend": 7.08101, "fair_value": 9.133589, "relative_strength": -7.213176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.69745, "energy": 24.690448, "activity_lines": [ 6.710263, 6.691895, 6.844422, 6.92164 ] }, { "date": "2024-08-02", "close": 6.686137, "volume": 26661677, "typical_volume": 28490207.45, "trend": 7.037507, "fair_value": 9.108916, "relative_strength": -2.603075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.320859, "energy": 21.878192, "activity_lines": [ 6.708759, 6.678061, 6.820859, 6.896164 ] }, { "date": "2024-08-09", "close": 6.827792, "volume": 32404083, "typical_volume": 28996349.15, "trend": 7.005604, "fair_value": 9.082796, "relative_strength": 1.429076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.825645, "energy": 20.309982, "activity_lines": [ 6.7258, 6.70092, 6.812312, 6.882634 ] }, { "date": "2024-08-16", "close": 6.610587, "volume": 18178673, "typical_volume": 28988744.9, "trend": 6.961459, "fair_value": 9.055049, "relative_strength": -1.164577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.153276, "energy": 29.758219, "activity_lines": [ 6.680471, 6.690776, 6.784242, 6.857149 ] }, { "date": "2024-08-23", "close": 6.270614, "volume": 15454936, "typical_volume": 28606960.75, "trend": 6.9188, "fair_value": 9.0273, "relative_strength": -4.151773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.828002, "energy": 39.999246, "activity_lines": [ 6.537556, 6.620386, 6.725366, 6.812579 ] }, { "date": "2024-08-30", "close": 6.51615, "volume": 53880098, "typical_volume": 30022718.25, "trend": 6.88245, "fair_value": 9.00719, "relative_strength": -2.211443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.154012, "energy": 32.746819, "activity_lines": [ 6.522446, 6.600855, 6.694806, 6.786601 ] }, { "date": "2024-09-06", "close": 6.553925, "volume": 24605516, "typical_volume": 29708268.65, "trend": 6.870494, "fair_value": 8.987498, "relative_strength": 1.102663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.505051, "energy": 39.704147, "activity_lines": [ 6.513002, 6.58585, 6.671117, 6.765406 ] }, { "date": "2024-09-13", "close": 6.563369, "volume": 18234073, "typical_volume": 29721011.55, "trend": 6.854476, "fair_value": 8.967514, "relative_strength": 3.18422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.691708, "energy": 36.656021, "activity_lines": [ 6.515521, 6.567146, 6.649276, 6.745591 ] }, { "date": "2024-09-20", "close": 6.799461, "volume": 14549951, "typical_volume": 29675531.25, "trend": 6.844452, "fair_value": 8.949985, "relative_strength": 5.711258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.911048, "energy": 15.365727, "activity_lines": [ 6.614365, 6.598911, 6.651628, 6.742042 ] }, { "date": "2024-09-27", "close": 7.658837, "volume": 54679545, "typical_volume": 31110084.1, "trend": 6.8662, "fair_value": 8.935316, "relative_strength": 1.209383, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.500333, "energy": 26.543608, "activity_lines": [ 6.987076, 6.787785, 6.737436, 6.794583 ] }, { "date": "2024-10-04", "close": 8.253791, "volume": 31330307, "typical_volume": 31244189.25, "trend": 6.913721, "fair_value": 8.924225, "relative_strength": -1.273277, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.704329, "energy": 66.406323, "activity_lines": [ 7.465557, 7.072126, 6.878228, 6.884105 ] }, { "date": "2024-10-11", "close": 7.894701, "volume": 89087983, "typical_volume": 34077994.15, "trend": 6.943331, "fair_value": 8.909242, "relative_strength": -0.992201, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.762769, "energy": 78.356142, "activity_lines": [ 7.708498, 7.257696, 6.980757, 6.947394 ] }, { "date": "2024-10-18", "close": 7.674873, "volume": 50772531, "typical_volume": 35770041.3, "trend": 6.963426, "fair_value": 8.893498, "relative_strength": -6.280526, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.191641, "energy": 77.275999, "activity_lines": [ 7.788778, 7.381324, 7.05946, 6.99459 ] }, { "date": "2024-10-25", "close": 7.885143, "volume": 36539828, "typical_volume": 35908103.45, "trend": 6.994906, "fair_value": 8.878513, "relative_strength": -5.857875, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.619931, "energy": 78.315816, "activity_lines": [ 7.865049, 7.52778, 7.155853, 7.054056 ] }, { "date": "2024-11-01", "close": 7.923375, "volume": 59275704, "typical_volume": 37865815.3, "trend": 7.015468, "fair_value": 8.86654, "relative_strength": -3.732923, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.073835, "energy": 64.244898, "activity_lines": [ 7.881684, 7.658015, 7.25023, 7.113957 ] }, { "date": "2024-11-08", "close": 8.477725, "volume": 92695152, "typical_volume": 41526466.8, "trend": 7.057947, "fair_value": 8.857003, "relative_strength": -3.388771, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.050578, "energy": 65.141099, "activity_lines": [ 8.065467, 7.85899, 7.391159, 7.208296 ] }, { "date": "2024-11-15", "close": 8.009395, "volume": 58565090, "typical_volume": 43467846.7, "trend": 7.099822, "fair_value": 8.846111, "relative_strength": -5.115832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.846514, "energy": 50.778139, "activity_lines": [ 8.078211, 7.939149, 7.477532, 7.26968 ] }, { "date": "2024-11-22", "close": 7.990279, "volume": 68877262, "typical_volume": 43276003.3, "trend": 7.135432, "fair_value": 8.837335, "relative_strength": -2.431143, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.294503, "energy": 47.036034, "activity_lines": [ 8.076936, 7.989369, 7.553734, 7.327129 ] }, { "date": "2024-11-29", "close": 8.621092, "volume": 57923673, "typical_volume": 43985962.15, "trend": 7.184879, "fair_value": 8.833014, "relative_strength": 3.634724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.496032, "energy": 55.958959, "activity_lines": [ 8.264906, 8.128339, 7.685195, 7.422978 ] }, { "date": "2024-12-06", "close": 8.74534, "volume": 106110923, "typical_volume": 47318913.65, "trend": 7.232839, "fair_value": 8.830549, "relative_strength": 3.486538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.895017, "energy": 54.862549, "activity_lines": [ 8.445228, 8.256779, 7.820039, 7.523653 ] }, { "date": "2024-12-13", "close": 10.265024, "volume": 197808119, "typical_volume": 55381756.2, "trend": 7.328329, "fair_value": 8.836884, "relative_strength": 22.133115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.445544, "energy": 80.596367, "activity_lines": [ 9.077314, 8.64177, 8.091113, 7.719278 ] }, { "date": "2024-12-20", "close": 9.251903, "volume": 332985800, "typical_volume": 70697962.35, "trend": 7.3938, "fair_value": 8.836489, "relative_strength": 10.854182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.039214, "energy": 67.094562, "activity_lines": [ 9.25254, 8.80599, 8.247353, 7.843379 ] }, { "date": "2024-12-27", "close": 10.599545, "volume": 205249650, "typical_volume": 79340240.7, "trend": 7.507632, "fair_value": 8.845852, "relative_strength": 26.389355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.610552, "energy": 81.021708, "activity_lines": [ 9.794145, 9.190559, 8.519723, 8.050201 ] }, { "date": "2025-01-03", "close": 9.47173, "volume": 276147996, "typical_volume": 92238706.85, "trend": 7.600128, "fair_value": 8.847926, "relative_strength": 21.296725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.581349, "energy": 58.444452, "activity_lines": [ 9.785862, 9.316895, 8.66672, 8.176917 ] }, { "date": "2025-01-10", "close": 7.808681, "volume": 160643583, "typical_volume": 99498139.2, "trend": 7.640002, "fair_value": 8.838868, "relative_strength": 1.172355, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.169778, "energy": 34.561004, "activity_lines": [ 9.166519, 9.112011, 8.641708, 8.190372 ] }, { "date": "2025-01-17", "close": 8.219666, "volume": 122171795, "typical_volume": 102912724.05, "trend": 7.701079, "fair_value": 8.832858, "relative_strength": 2.851353, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.778299, "energy": 21.313509, "activity_lines": [ 8.746616, 8.983938, 8.648512, 8.22777 ] }, { "date": "2025-01-24", "close": 8.085857, "volume": 97999955, "typical_volume": 106582446.0, "trend": 7.762073, "fair_value": 8.820749, "relative_strength": 0.065536, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.289545, "energy": 20.470051, "activity_lines": [ 8.418466, 8.836227, 8.634461, 8.252595 ] }, { "date": "2025-01-31", "close": 8.009395, "volume": 13125200, "typical_volume": 106327002.35, "trend": 7.796445, "fair_value": 8.810211, "relative_strength": 0.64899, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.032753, "energy": 22.502156, "activity_lines": [ 8.142566, 8.673224, 8.605833, 8.268551 ] }, { "date": "2025-02-07", "close": 7.942492, "volume": 51534197, "typical_volume": 108176214.65, "trend": 7.832972, "fair_value": 8.797713, "relative_strength": -3.902114, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.41276, "energy": 16.468198, "activity_lines": [ 8.017042, 8.497709, 8.563948, 8.277973 ] }, { "date": "2025-02-14", "close": 8.210107, "volume": 84773137, "typical_volume": 109680894.25, "trend": 7.874642, "fair_value": 8.786165, "relative_strength": -2.18335, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.963786, "energy": 13.967512, "activity_lines": [ 8.082671, 8.38319, 8.542106, 8.302305 ] }, { "date": "2025-02-21", "close": 8.038068, "volume": 85251644, "typical_volume": 112376961.1, "trend": 7.928835, "fair_value": 8.772926, "relative_strength": -6.221703, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.349845, "energy": 11.647668, "activity_lines": [ 8.064193, 8.247122, 8.501255, 8.312848 ] }, { "date": "2025-02-28", "close": 8.238781, "volume": 100760243, "typical_volume": 112960574.1, "trend": 7.98059, "fair_value": 8.762151, "relative_strength": -0.519626, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.679506, "energy": 9.201178, "activity_lines": [ 8.124725, 8.188038, 8.480546, 8.332845 ] }, { "date": "2025-03-07", "close": 8.085857, "volume": 75289985, "typical_volume": 114186446.8, "trend": 8.022525, "fair_value": 8.748334, "relative_strength": -4.499102, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.341024, "energy": 10.396647, "activity_lines": [ 8.124088, 8.11957, 8.443635, 8.339636 ] }, { "date": "2025-03-14", "close": 8.45861, "volume": 68740610, "typical_volume": 115796485.9, "trend": 8.084126, "fair_value": 8.737379, "relative_strength": -1.422213, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.66489, "energy": 10.592877, "activity_lines": [ 8.242604, 8.164578, 8.440267, 8.367771 ] }, { "date": "2025-03-21", "close": 8.085857, "volume": 64213248, "typical_volume": 116043363.1, "trend": 8.144634, "fair_value": 8.727036, "relative_strength": -3.243795, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.830913, "energy": 8.844418, "activity_lines": [ 8.202462, 8.160234, 8.398668, 8.367882 ] }, { "date": "2025-03-28", "close": 8.334358, "volume": 158891800, "typical_volume": 119353195.5, "trend": 8.205241, "fair_value": 8.716933, "relative_strength": 0.366994, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.871678, "energy": 5.01039, "activity_lines": [ 8.253436, 8.196032, 8.379963, 8.380122 ] }, { "date": "2025-04-04", "close": 8.936497, "volume": 143715683, "typical_volume": 123610725.15, "trend": 8.28466, "fair_value": 8.712573, "relative_strength": 9.865842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.711332, "energy": 21.351777, "activity_lines": [ 8.485371, 8.339224, 8.419286, 8.4273 ] }, { "date": "2025-04-11", "close": 9.777578, "volume": 402004928, "typical_volume": 140267108.45, "trend": 8.391801, "fair_value": 8.716019, "relative_strength": 26.040181, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.028921, "energy": 53.931945, "activity_lines": [ 8.951152, 8.619874, 8.534297, 8.523618 ] }, { "date": "2025-04-18", "close": 9.653328, "volume": 297960347, "typical_volume": 152268942.15, "trend": 8.48693, "fair_value": 8.718845, "relative_strength": 24.324669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.414724, "energy": 66.895148, "activity_lines": [ 9.262734, 8.845785, 8.628965, 8.605006 ] }, { "date": "2025-04-25", "close": 8.993843, "volume": 152457632, "typical_volume": 154586277.6, "trend": 8.53143, "fair_value": 8.714971, "relative_strength": 13.76592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.144629, "energy": 61.726623, "activity_lines": [ 9.274841, 8.920683, 8.655908, 8.63771 ] }, { "date": "2025-05-02", "close": 8.898267, "volume": 56073643, "typical_volume": 147499553.8, "trend": 8.552912, "fair_value": 8.710778, "relative_strength": 12.334749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.465801, "energy": 55.596639, "activity_lines": [ 9.194556, 8.963954, 8.672566, 8.661377 ] }, { "date": "2025-05-09", "close": 8.840919, "volume": 76940906, "typical_volume": 134697309.1, "trend": 8.584453, "fair_value": 8.704098, "relative_strength": 8.789345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.546058, "energy": 29.270854, "activity_lines": [ 9.057562, 8.981158, 8.690271, 8.679958 ] }, { "date": "2025-05-16", "close": 8.907823, "volume": 68705413, "typical_volume": 127870097.25, "trend": 8.625551, "fair_value": 8.696434, "relative_strength": 8.750205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.657287, "energy": 16.141469, "activity_lines": [ 8.94924, 8.999578, 8.716304, 8.700821 ] }, { "date": "2025-05-23", "close": 8.611533, "volume": 70014934, "typical_volume": 117563444.15, "trend": 8.649764, "fair_value": 8.69111, "relative_strength": 5.429536, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.456855, "energy": 15.469605, "activity_lines": [ 8.800139, 8.949182, 8.722176, 8.699917 ] }, { "date": "2025-05-30", "close": 8.66888, "volume": 46104359, "typical_volume": 111836482.95, "trend": 8.674614, "fair_value": 8.688273, "relative_strength": 6.856652, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.775214, "energy": 15.189379, "activity_lines": [ 8.739607, 8.906433, 8.737605, 8.70115 ] }, { "date": "2025-06-06", "close": 8.678436, "volume": 37601650, "typical_volume": 107607975.7, "trend": 8.681305, "fair_value": 8.683437, "relative_strength": 5.149603, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.542793, "energy": 13.727924, "activity_lines": [ 8.703924, 8.854821, 8.749847, 8.701397 ] }, { "date": "2025-06-13", "close": 8.338685, "volume": 53973578, "typical_volume": 105406656.85, "trend": 8.692281, "fair_value": 8.676643, "relative_strength": 1.38535, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.957112, "energy": 15.400117, "activity_lines": [ 8.569647, 8.73518, 8.727548, 8.679292 ] }, { "date": "2025-06-20", "close": 8.172498, "volume": 31055480, "typical_volume": 106303170.85, "trend": 8.698355, "fair_value": 8.667767, "relative_strength": 0.261293, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.636455, "energy": 33.312525, "activity_lines": [ 8.413455, 8.596193, 8.688218, 8.645758 ] }, { "date": "2025-06-27", "close": 8.446218, "volume": 39822857, "typical_volume": 105717603.85, "trend": 8.692526, "fair_value": 8.660884, "relative_strength": -0.361107, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.448579, "energy": 35.205368, "activity_lines": [ 8.397526, 8.536156, 8.67418, 8.629491 ] }, { "date": "2025-07-04", "close": 8.475545, "volume": 31568947, "typical_volume": 103057394.35, "trend": 8.683533, "fair_value": 8.652574, "relative_strength": -1.263346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.725245, "energy": 38.217866, "activity_lines": [ 8.402393, 8.503398, 8.660536, 8.615492 ] }, { "date": "2025-07-11", "close": 8.690611, "volume": 44264141, "typical_volume": 101008019.2, "trend": 8.631052, "fair_value": 8.646361, "relative_strength": -0.622914, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.326093, "energy": 25.064495, "activity_lines": [ 8.491838, 8.519168, 8.66611, 8.615949 ] }, { "date": "2025-07-18", "close": 8.778591, "volume": 56970497, "typical_volume": 98818531.9, "trend": 8.615275, "fair_value": 8.640174, "relative_strength": -1.671894, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.647732, "energy": 10.451607, "activity_lines": [ 8.609798, 8.554709, 8.676956, 8.625467 ] }, { "date": "2025-07-25", "close": 9.765939, "volume": 149019346, "typical_volume": 102504999.95, "trend": 8.587488, "fair_value": 8.636247, "relative_strength": 6.574362, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.776889, "energy": 65.441115, "activity_lines": [ 9.027547, 8.770901, 8.779265, 8.699704 ] }, { "date": "2025-08-01", "close": 9.081639, "volume": 164254727, "typical_volume": 107280705.8, "trend": 8.574485, "fair_value": 8.630446, "relative_strength": 0.595939, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.695788, "energy": 61.011387, "activity_lines": [ 9.110966, 8.847073, 8.808402, 8.731584 ] }, { "date": "2025-08-08", "close": 11.418036, "volume": 199895958, "typical_volume": 114064841.3, "trend": 8.694797, "fair_value": 8.640041, "relative_strength": 24.296306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.673696, "energy": 90.491735, "activity_lines": [ 9.930823, 9.339497, 9.057086, 8.915039 ] }, { "date": "2025-08-15", "close": 11.828615, "volume": 502612481, "typical_volume": 131250875.35, "trend": 8.815095, "fair_value": 8.649875, "relative_strength": 22.523564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.973591, "energy": 97.012981, "activity_lines": [ 10.691374, 9.856587, 9.329006, 9.117221 ] }, { "date": "2025-08-22", "close": 11.017231, "volume": 367254330, "typical_volume": 142427807.7, "trend": 8.912808, "fair_value": 8.656542, "relative_strength": 8.783686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.855697, "energy": 86.844736, "activity_lines": [ 10.972263, 10.168877, 9.507011, 9.259294 ] }, { "date": "2025-08-29", "close": 10.499118, "volume": 171531335, "typical_volume": 130904128.05, "trend": 8.995799, "fair_value": 8.66252, "relative_strength": -0.766935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.856697, "energy": 82.796295, "activity_lines": [ 10.931205, 10.338263, 9.625764, 9.361637 ] }, { "date": "2025-09-05", "close": 10.763062, "volume": 150581478, "typical_volume": 123535184.6, "trend": 9.089818, "fair_value": 8.670011, "relative_strength": 2.465528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.879652, "energy": 57.27361, "activity_lines": [ 10.929249, 10.513337, 9.766219, 9.475654 ] }, { "date": "2025-09-12", "close": 10.79239, "volume": 138250219, "typical_volume": 122824813.95, "trend": 9.175894, "fair_value": 8.67733, "relative_strength": 0.063044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.109733, "energy": 46.539712, "activity_lines": [ 10.824975, 10.651619, 9.904182, 9.585497 ] }, { "date": "2025-09-19", "close": 10.196072, "volume": 121028804, "typical_volume": 126072572.0, "trend": 9.247827, "fair_value": 8.680588, "relative_strength": -6.393358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.782119, "energy": 30.981009, "activity_lines": [ 10.563638, 10.639355, 9.976789, 9.651315 ] }, { "date": "2025-09-26", "close": 9.521546, "volume": 84113039, "typical_volume": 126431178.65, "trend": 9.290586, "fair_value": 8.68, "relative_strength": -13.331931, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.662403, "energy": 18.506499, "activity_lines": [ 10.186295, 10.477078, 9.978975, 9.668974 ] }, { "date": "2025-10-03", "close": 9.501995, "volume": 25903169, "typical_volume": 124291066.45, "trend": 9.337791, "fair_value": 8.677193, "relative_strength": -15.38086, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.839898, "energy": 18.831681, "activity_lines": [ 9.902148, 10.297738, 9.976058, 9.682614 ] }, { "date": "2025-10-10", "close": 9.433565, "volume": 28046609, "typical_volume": 122192650.2, "trend": 9.370289, "fair_value": 8.674068, "relative_strength": -14.759325, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.669403, "energy": 19.204609, "activity_lines": [ 9.661665, 10.110756, 9.963795, 9.688793 ] }, { "date": "2025-10-17", "close": 9.62908, "volume": 85781902, "typical_volume": 124176527.35, "trend": 9.42173, "fair_value": 8.673272, "relative_strength": -8.460629, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.576771, "energy": 16.732643, "activity_lines": [ 9.574987, 9.952922, 9.966237, 9.705489 ] }, { "date": "2025-10-24", "close": 9.889361, "volume": 117612286, "typical_volume": 128177059.15, "trend": 9.473563, "fair_value": 8.675162, "relative_strength": -10.236109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.790436, "energy": 13.23798, "activity_lines": [ 9.652624, 9.874939, 9.988896, 9.735659 ] }, { "date": "2025-10-31", "close": 9.859752, "volume": 73198767, "typical_volume": 129138318.6, "trend": 9.504339, "fair_value": 8.678238, "relative_strength": -11.057492, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.327161, "energy": 9.900494, "activity_lines": [ 9.740838, 9.826832, 10.002968, 9.760574 ] }, { "date": "2025-11-07", "close": 9.879492, "volume": 68554668, "typical_volume": 131013278.0, "trend": 9.507736, "fair_value": 8.681261, "relative_strength": -11.00485, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.363552, "energy": 10.305134, "activity_lines": [ 9.813085, 9.803359, 10.011678, 9.784777 ] }, { "date": "2025-11-14", "close": 10.027535, "volume": 93169934, "typical_volume": 133680631.85, "trend": 9.520209, "fair_value": 8.688883, "relative_strength": -8.41507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.41843, "energy": 15.711741, "activity_lines": [ 9.909513, 9.818069, 10.026358, 9.818313 ] }, { "date": "2025-11-21", "close": 9.208357, "volume": 62984050, "typical_volume": 135251387.0, "trend": 9.52736, "fair_value": 8.687963, "relative_strength": -11.285404, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.501774, "energy": 7.99152, "activity_lines": [ 9.693284, 9.69721, 9.955491, 9.798193 ] }, { "date": "2025-11-28", "close": 10.037406, "volume": 79114539, "typical_volume": 136993906.9, "trend": 9.565331, "fair_value": 8.691161, "relative_strength": -6.534534, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 27.766609, "energy": 13.567356, "activity_lines": [ 9.781453, 9.755888, 9.960092, 9.8311 ] }, { "date": "2025-12-05", "close": 9.593273, "volume": 85631858, "typical_volume": 138426974.95, "trend": 9.590409, "fair_value": 8.69193, "relative_strength": -11.615787, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.802549, "energy": 9.40446, "activity_lines": [ 9.711708, 9.7367, 9.915981, 9.832902 ] }, { "date": "2025-12-12", "close": 9.376141, "volume": 76260937, "typical_volume": 134789054.5, "trend": 9.60602, "fair_value": 8.692983, "relative_strength": -13.833404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.807239, "energy": 22.236594, "activity_lines": [ 9.587351, 9.676729, 9.847311, 9.819079 ] }, { "date": "2025-12-19", "close": 10.43219, "volume": 136558608, "typical_volume": 133404248.55, "trend": 9.666709, "fair_value": 8.697156, "relative_strength": -3.096029, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.692932, "energy": 19.607005, "activity_lines": [ 9.848567, 9.811055, 9.881074, 9.87238 ] }, { "date": "2025-12-26", "close": 10.145971, "volume": 113324119, "typical_volume": 129075656.6, "trend": 9.715945, "fair_value": 8.696324, "relative_strength": -8.432842, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.705147, "energy": 14.560908, "activity_lines": [ 9.987399, 9.875185, 9.881146, 9.9033 ] }, { "date": "2026-01-02", "close": 9.988057, "volume": 59767055, "typical_volume": 106933385.3, "trend": 9.759599, "fair_value": 8.693641, "relative_strength": -8.862118, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.722036, "energy": 19.056305, "activity_lines": [ 10.011086, 9.901205, 9.872236, 9.920856 ] }, { "date": "2026-01-09", "close": 10.955281, "volume": 149448427, "typical_volume": 96043090.15, "trend": 9.846819, "fair_value": 8.699791, "relative_strength": -4.201361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.716828, "energy": 44.192121, "activity_lines": [ 10.360471, 10.101289, 9.964208, 9.997996 ] }, { "date": "2026-01-16", "close": 10.363103, "volume": 188575980, "typical_volume": 96895322.4, "trend": 9.919839, "fair_value": 8.699214, "relative_strength": -10.223349, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.464295, "energy": 46.002076, "activity_lines": [ 10.421663, 10.173786, 10.000077, 10.031305 ] }, { "date": "2026-01-23", "close": 10.688801, "volume": 101093449, "typical_volume": 94420920.95, "trend": 9.994592, "fair_value": 8.704314, "relative_strength": -8.319811, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.489223, "energy": 51.63391, "activity_lines": [ 10.525623, 10.296707, 10.067612, 10.080916 ] }, { "date": "2026-01-30", "close": 10.45193, "volume": 108194783, "typical_volume": 92918149.15, "trend": 10.060471, "fair_value": 8.708673, "relative_strength": -8.761335, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.587425, "energy": 49.624642, "activity_lines": [ 10.533519, 10.364539, 10.112942, 10.110421 ] }, { "date": "2026-02-06", "close": 10.007797, "volume": 73847227, "typical_volume": 90559070.3, "trend": 10.104378, "fair_value": 8.70851, "relative_strength": -10.692244, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.981424, "energy": 22.794662, "activity_lines": [ 10.372973, 10.329008, 10.117594, 10.107023 ] }, { "date": "2026-02-13", "close": 9.405749, "volume": 66748395, "typical_volume": 89690838.1, "trend": 10.125283, "fair_value": 8.703471, "relative_strength": -17.024935, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.383823, "energy": 11.022238, "activity_lines": [ 10.010429, 10.184553, 10.065805, 10.06195 ] }, { "date": "2026-02-27", "close": 9.593273, "volume": 29583617, "typical_volume": 89874860.5, "trend": 10.119527, "fair_value": 8.699694, "relative_strength": -17.539214, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.805351, "energy": 25.440201, "activity_lines": [ 9.813694, 10.077602, 10.032427, 10.027627 ] }, { "date": "2026-03-06", "close": 9.020835, "volume": 50261976, "typical_volume": 90985628.85, "trend": 10.1175, "fair_value": 8.692546, "relative_strength": -20.428718, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.763227, "energy": 50.980234, "activity_lines": [ 9.477469, 9.862624, 9.944097, 9.956743 ] }, { "date": "2026-03-13", "close": 8.87279, "volume": 36415458, "typical_volume": 88517306.65, "trend": 10.032659, "fair_value": 8.679185, "relative_strength": -22.094391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.012258, "energy": 71.749734, "activity_lines": [ 9.203094, 9.646389, 9.843632, 9.87644 ] }, { "date": "2026-03-20", "close": 8.458265, "volume": 32945490, "typical_volume": 84283966.85, "trend": 9.920314, "fair_value": 8.662987, "relative_strength": -23.216435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.13118, "energy": 80.036547, "activity_lines": [ 8.895819, 9.377935, 9.70729, 9.774866 ] }, { "date": "2026-03-27", "close": 8.320091, "volume": 44913579, "typical_volume": 82869707.45, "trend": 9.830409, "fair_value": 8.646381, "relative_strength": -23.608937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.661973, "energy": 84.851709, "activity_lines": [ 8.645789, 9.112173, 9.564604, 9.671626 ] }, { "date": "2026-04-03", "close": 8.191787, "volume": 34384240, "typical_volume": 81161186.05, "trend": 9.753498, "fair_value": 8.628295, "relative_strength": -22.166096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.93778, "energy": 85.514072, "activity_lines": [ 8.425367, 8.870996, 9.417029, 9.565908 ] }, { "date": "2026-04-10", "close": 8.438527, "volume": 19530088, "typical_volume": 77479193.75, "trend": 9.676014, "fair_value": 8.613586, "relative_strength": -24.680934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.386036, "energy": 79.837329, "activity_lines": [ 8.380625, 8.714158, 9.300991, 9.481071 ] }, { "date": "2026-04-17", "close": 8.399049, "volume": 23401214, "typical_volume": 75500051.95, "trend": 9.596236, "fair_value": 8.595692, "relative_strength": -27.164728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.219114, "energy": 80.091262, "activity_lines": [ 8.361544, 8.591057, 9.188759, 9.398686 ] }, { "date": "2026-04-24", "close": 8.122699, "volume": 30102993, "typical_volume": 73049474.65, "trend": 9.527123, "fair_value": 8.578539, "relative_strength": -29.039221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.858194, "energy": 80.391422, "activity_lines": [ 8.281929, 8.455036, 9.054062, 9.303619 ] }, { "date": "2026-05-01", "close": 8.270743, "volume": 24090070, "typical_volume": 69972385.25, "trend": 9.48543, "fair_value": 8.563772, "relative_strength": -27.89525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.961273, "energy": 66.125936, "activity_lines": [ 8.274033, 8.380206, 8.942583, 9.222563 ] }, { "date": "2026-05-08", "close": 8.251003, "volume": 18249870, "typical_volume": 67071831.9, "trend": 9.44373, "fair_value": 8.550612, "relative_strength": -29.517847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.494704, "energy": 70.326718, "activity_lines": [ 8.262847, 8.322424, 8.835521, 9.142922 ] }, { "date": "2026-05-15", "close": 7.708175, "volume": 43641396, "typical_volume": 62425971.3, "trend": 9.386217, "fair_value": 8.531939, "relative_strength": -33.502425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.617051, "energy": 79.837023, "activity_lines": [ 8.066771, 8.190351, 8.682118, 9.030951 ] }, { "date": "2026-05-22", "close": 7.52, "volume": 31364599, "typical_volume": 58327995.3, "trend": 9.315914, "fair_value": 8.512897, "relative_strength": -34.611927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.7206, "energy": 87.473639, "activity_lines": [ 7.85666, 8.04793, 8.523766, 8.91055 ] }, { "date": "2026-05-29", "close": 7.81, "volume": 45687481, "typical_volume": 57624016.6, "trend": 9.246602, "fair_value": 8.496731, "relative_strength": -31.369923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.671323, "energy": 77.869409, "activity_lines": [ 7.801818, 7.982833, 8.405538, 8.813394 ] }, { "date": "2026-06-05", "close": 7.27, "volume": 10420210, "typical_volume": 50672605.75, "trend": 9.160277, "fair_value": 8.48183, "relative_strength": -34.357252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.257042, "energy": 89.760899, "activity_lines": [ 7.587824, 7.831341, 8.246253, 8.685871 ] }, { "date": "2026-06-12", "close": 7.28, "volume": 6269251, "typical_volume": 41557269.3, "trend": 9.073628, "fair_value": 8.46819, "relative_strength": -32.063152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.943981, "energy": 85.27428, "activity_lines": [ 7.443878, 7.700759, 8.105469, 8.564563 ] }, { "date": "2026-06-19", "close": 6.97, "volume": 28266971, "typical_volume": 37915945.4, "trend": 8.97171, "fair_value": 8.452264, "relative_strength": -38.645615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.222035, "energy": 81.188954, "activity_lines": [ 7.261333, 7.530392, 7.949843, 8.428845 ] }, { "date": "2026-06-26", "close": 6.5, "volume": 7447049, "typical_volume": 32878558.7, "trend": 8.881431, "fair_value": 8.433384, "relative_strength": -41.236193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.730604, "energy": 95.266505, "activity_lines": [ 6.971333, 7.301271, 7.767163, 8.26938 ] }, { "date": "2026-07-03", "close": 7.08, "volume": 7019540, "typical_volume": 29537174.35, "trend": 8.782851, "fair_value": 8.417923, "relative_strength": -34.588723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.539965, "energy": 78.600651, "activity_lines": [ 6.942667, 7.212132, 7.65854, 8.153159 ] }, { "date": "2026-07-10", "close": 6.87, "volume": 30825977, "typical_volume": 27741053.45, "trend": 8.692075, "fair_value": 8.402619, "relative_strength": -33.560985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.003039, "energy": 69.010791, "activity_lines": [ 6.892667, 7.10377, 7.543859, 8.029749 ] }, { "date": "2026-07-17", "close": 7.0, "volume": 45754408, "typical_volume": 28549593.0, "trend": 8.612871, "fair_value": 8.388028, "relative_strength": -25.05377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.190152, "energy": 64.213014, "activity_lines": [ 6.912667, 7.044512, 7.453635, 7.920583 ] }, { "date": "2026-07-24", "close": 6.71, "volume": 41890132, "typical_volume": 28131000.8, "trend": 8.488798, "fair_value": 8.371759, "relative_strength": -27.866496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.49841, "energy": 62.492586, "activity_lines": [ 6.854667, 6.955273, 7.348139, 7.797817 ] }, { "date": "2026-07-31", "close": 7.24, "volume": 42793922, "typical_volume": 28449924.0, "trend": 8.391932, "fair_value": 8.362013, "relative_strength": -20.272111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.474957, "energy": 46.136513, "activity_lines": [ 6.990667, 6.980545, 7.304125, 7.717249 ] }, { "date": "2026-08-07", "close": 7.1, "volume": 31025597, "typical_volume": 28353929.35, "trend": 8.295663, "fair_value": 8.348784, "relative_strength": -25.10239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.209438, "energy": 38.489026, "activity_lines": [ 7.030667, 6.985455, 7.254552, 7.633899 ] } ], "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." } } }