{ "ticker": { "uuid": "8fcb26d2-e361-478e-b3a2-0e91277a50da", "symbol": "300231", "name": "Beijing Trust & Far Technology Co.,Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -45.797, "architecture_energy": 33.97, "architecture_maturity": 76.815, "architecture_confidence": 85.203, "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": 23.46, "rotation_up": 26.54, "upward_expansion": 16.97, "deceleration": 46.96, "rotation_down": 38.17, "downward_expansion": 66.97 }, "activity_lines": [ 8.412667, 8.305818, 8.90046, 9.437985 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.68, "trend_reference": 10.057547, "distance_from_trend": -0.136967, "trend_direction": "Weakening", "fair_value": 10.264915, "distance_from_fair_value": -0.154401, "fair_value_direction": "Weakening", "relative_strength": -20.921441, "relative_strength_direction": "Weakening", "price_momentum": -0.214937, "excess_performance": -0.222337, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.136967, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065744, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.154401, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.239077, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.209214, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006588, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.214937, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.39685, "read": "Demand-led" } ], "volume": { "latest": 104579671, "relative_activity": 1.090441, "balance": 1.39685, "dry_up": 1.652193, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.109907, "annualized_volatility": 0.462669, "from_high_reference": -0.370828, "from_low_reference": 0.197241 }, "levels": { "trend_reference": 10.057547, "fair_value_reference": 10.264915, "structural_low": 7.25, "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": 0.031944, "positive_rate": 0.571429, "directional_follow_through": 0.380952, "median_excess_return": 0.010805, "regime_survival": 0.761905, "best_return": 0.396999, "worst_return": -0.172852, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.130968, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": 0.030202, "regime_survival": 0.285714, "best_return": 0.893204, "worst_return": -0.108398, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.043181, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.061741, "regime_survival": 0.2, "best_return": 0.76699, "worst_return": -0.161693, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.295144, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.334994, "regime_survival": 0.0, "best_return": 0.781787, "worst_return": -0.003218, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-09-20", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-11", "tenure": "New", "return": 0.132995, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-17", "tenure": "Established", "return": -0.060387, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.038726, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": -0.01002, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-20", "tenure": "Developing", "return": 0.056193, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.017915, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.10535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.093415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.021701, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.013096, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": 0.037928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-06-05", "tenure": "Established", "return": -0.181382, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.034565, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.916591, "volume": 220900841, "typical_volume": 106808562.5, "trend": 8.536634, "fair_value": 7.801667, "relative_strength": 16.614053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.853243, "energy": 57.406246, "activity_lines": [ 9.412593, 9.119415, 8.876746, 8.787348 ] }, { "date": "2023-08-04", "close": 9.154748, "volume": 144565568, "typical_volume": 103448960.3, "trend": 8.615849, "fair_value": 7.809162, "relative_strength": 17.423846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.903652, "energy": 56.291184, "activity_lines": [ 9.392905, 9.16618, 8.901962, 8.827227 ] }, { "date": "2023-08-11", "close": 9.30717, "volume": 190833959, "typical_volume": 106182251.1, "trend": 8.679688, "fair_value": 7.819496, "relative_strength": 23.123094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.282319, "energy": 32.12003, "activity_lines": [ 9.379569, 9.221259, 8.943527, 8.871828 ] }, { "date": "2023-08-18", "close": 9.411958, "volume": 172315513, "typical_volume": 110197894.3, "trend": 8.74888, "fair_value": 7.828131, "relative_strength": 27.53624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.897163, "energy": 23.784419, "activity_lines": [ 9.321776, 9.282747, 8.996314, 8.919071 ] }, { "date": "2023-08-25", "close": 8.697487, "volume": 175248961, "typical_volume": 114896632.05, "trend": 8.77752, "fair_value": 7.82626, "relative_strength": 20.752754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.464969, "energy": 11.970543, "activity_lines": [ 9.085524, 9.202207, 8.97976, 8.915755 ] }, { "date": "2023-09-01", "close": 10.078797, "volume": 306382178, "typical_volume": 123121608.2, "trend": 8.845384, "fair_value": 7.830986, "relative_strength": 34.051654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.133626, "energy": 27.669893, "activity_lines": [ 9.412593, 9.375065, 9.09793, 8.999709 ] }, { "date": "2023-09-08", "close": 12.288892, "volume": 564495687, "typical_volume": 145303260.7, "trend": 8.98227, "fair_value": 7.850218, "relative_strength": 63.619153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.009516, "energy": 60.489095, "activity_lines": [ 10.39888, 9.923605, 9.424461, 9.221871 ] }, { "date": "2023-09-15", "close": 10.536058, "volume": 355472548, "typical_volume": 158015081.4, "trend": 9.073435, "fair_value": 7.856521, "relative_strength": 40.576692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.797837, "energy": 55.977244, "activity_lines": [ 10.591945, 10.084339, 9.567423, 9.322115 ] }, { "date": "2023-09-22", "close": 11.393423, "volume": 260651608, "typical_volume": 169608085.7, "trend": 9.18915, "fair_value": 7.864143, "relative_strength": 49.423776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.934332, "energy": 67.5605, "activity_lines": [ 10.988874, 10.356964, 9.781451, 9.471792 ] }, { "date": "2023-09-29", "close": 10.297902, "volume": 176320523, "typical_volume": 175805195.4, "trend": 9.256569, "fair_value": 7.870669, "relative_strength": 34.459575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.312476, "energy": 58.252736, "activity_lines": [ 10.88853, 10.410658, 9.87625, 9.543324 ] }, { "date": "2023-10-13", "close": 10.402691, "volume": 168202090, "typical_volume": 181892319.2, "trend": 9.312295, "fair_value": 7.874988, "relative_strength": 34.794328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.082572, "energy": 32.69981, "activity_lines": [ 10.716423, 10.482365, 9.970424, 9.617267 ] }, { "date": "2023-10-20", "close": 10.821846, "volume": 374034364, "typical_volume": 198187493.95, "trend": 9.355029, "fair_value": 7.886396, "relative_strength": 45.434874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.391354, "energy": 31.106462, "activity_lines": [ 10.66244, 10.603262, 10.093722, 9.714658 ] }, { "date": "2023-10-27", "close": 10.859951, "volume": 223290415, "typical_volume": 206681463.7, "trend": 9.398102, "fair_value": 7.899686, "relative_strength": 41.109878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.649066, "energy": 27.430726, "activity_lines": [ 10.718963, 10.700776, 10.207629, 9.81175 ] }, { "date": "2023-11-03", "close": 11.926894, "volume": 269162295, "typical_volume": 217865947.5, "trend": 9.490997, "fair_value": 7.917669, "relative_strength": 51.458603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.995921, "energy": 37.870858, "activity_lines": [ 11.10954, 10.964048, 10.412443, 9.974897 ] }, { "date": "2023-11-10", "close": 11.669685, "volume": 264800134, "typical_volume": 228686966.9, "trend": 9.567881, "fair_value": 7.930957, "relative_strength": 44.638324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.052692, "energy": 44.164805, "activity_lines": [ 11.378816, 11.134828, 10.577611, 10.115458 ] }, { "date": "2023-11-17", "close": 11.364844, "volume": 164387263, "typical_volume": 235303369.8, "trend": 9.625615, "fair_value": 7.941557, "relative_strength": 39.192347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.287866, "energy": 44.769247, "activity_lines": [ 11.455026, 11.196142, 10.700182, 10.231391 ] }, { "date": "2023-11-24", "close": 10.574163, "volume": 111947281, "typical_volume": 237840743.8, "trend": 9.684887, "fair_value": 7.945338, "relative_strength": 30.020419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.089837, "energy": 31.874286, "activity_lines": [ 11.203532, 11.090314, 10.734477, 10.292588 ] }, { "date": "2023-12-01", "close": 10.774216, "volume": 65732205, "typical_volume": 238954478.05, "trend": 9.766944, "fair_value": 7.952716, "relative_strength": 32.712735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.097756, "energy": 21.039365, "activity_lines": [ 11.035235, 11.052036, 10.77789, 10.362867 ] }, { "date": "2023-12-08", "close": 10.336006, "volume": 63703267, "typical_volume": 236482096.3, "trend": 9.835944, "fair_value": 7.960276, "relative_strength": 28.219803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.352939, "energy": 15.690469, "activity_lines": [ 10.726584, 10.929753, 10.766912, 10.399581 ] }, { "date": "2023-12-15", "close": 10.269322, "volume": 58339657, "typical_volume": 216539317.85, "trend": 9.909229, "fair_value": 7.968651, "relative_strength": 28.394817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.299418, "energy": 16.677766, "activity_lines": [ 10.501763, 10.814572, 10.749447, 10.427541 ] }, { "date": "2023-12-22", "close": 9.592957, "volume": 50864296, "typical_volume": 208037490.6, "trend": 9.957813, "fair_value": 7.975285, "relative_strength": 20.90096, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.809326, "energy": 15.529924, "activity_lines": [ 10.144846, 10.576934, 10.66743, 10.407136 ] }, { "date": "2023-12-29", "close": 9.802535, "volume": 43592760, "typical_volume": 202988850.2, "trend": 10.014971, "fair_value": 7.982191, "relative_strength": 18.514372, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.208855, "energy": 30.268435, "activity_lines": [ 9.975913, 10.392125, 10.602152, 10.397118 ] }, { "date": "2024-01-05", "close": 9.450063, "volume": 26590840, "typical_volume": 194776694.25, "trend": 10.042915, "fair_value": 7.989603, "relative_strength": 18.270491, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.459196, "energy": 44.990752, "activity_lines": [ 9.740932, 10.161762, 10.500221, 10.360672 ] }, { "date": "2024-01-12", "close": 9.135696, "volume": 31660603, "typical_volume": 187743948.75, "trend": 10.055934, "fair_value": 7.997766, "relative_strength": 14.855008, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.311217, "energy": 53.501836, "activity_lines": [ 9.489438, 9.899876, 10.36767, 10.302142 ] }, { "date": "2024-01-19", "close": 8.573647, "volume": 31345660, "typical_volume": 180548783.7, "trend": 10.047678, "fair_value": 8.003623, "relative_strength": 9.579884, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.494749, "energy": 66.970284, "activity_lines": [ 9.130616, 9.586549, 10.182906, 10.206511 ] }, { "date": "2024-01-26", "close": 8.478383, "volume": 48376794, "typical_volume": 167648514.5, "trend": 10.04228, "fair_value": 8.007459, "relative_strength": 7.886395, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.555328, "energy": 71.540591, "activity_lines": [ 8.853083, 9.312192, 9.989658, 10.105266 ] }, { "date": "2024-02-02", "close": 6.820812, "volume": 48601400, "typical_volume": 141853800.15, "trend": 9.98671, "fair_value": 8.00479, "relative_strength": -5.981391, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.989741, "energy": 94.911738, "activity_lines": [ 8.097333, 8.78894, 9.646168, 9.897429 ] }, { "date": "2024-02-09", "close": 6.982759, "volume": 71579166, "typical_volume": 127659131.05, "trend": 9.948922, "fair_value": 8.002594, "relative_strength": -12.327907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.98685, "energy": 93.424081, "activity_lines": [ 7.594345, 8.363375, 9.34414, 9.703626 ] }, { "date": "2024-02-23", "close": 8.554593, "volume": 163189109, "typical_volume": 122786006.1, "trend": 9.890494, "fair_value": 8.009007, "relative_strength": 3.885168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.690308, "energy": 81.34004, "activity_lines": [ 7.77979, 8.292534, 9.208731, 9.613669 ] }, { "date": "2024-03-01", "close": 8.621278, "volume": 117562742, "typical_volume": 119848117.05, "trend": 9.836512, "fair_value": 8.018838, "relative_strength": 0.115307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.071835, "energy": 61.708606, "activity_lines": [ 8.026203, 8.266207, 9.093191, 9.531784 ] }, { "date": "2024-03-08", "close": 9.545326, "volume": 172392856, "typical_volume": 120057655.35, "trend": 9.85747, "fair_value": 8.038657, "relative_strength": 10.813615, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.860254, "energy": 31.168471, "activity_lines": [ 8.577457, 8.437854, 9.073639, 9.512998 ] }, { "date": "2024-03-15", "close": 9.754904, "volume": 223900369, "typical_volume": 112550955.6, "trend": 9.877475, "fair_value": 8.059028, "relative_strength": 9.649603, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.044166, "energy": 25.578498, "activity_lines": [ 9.12744, 8.648471, 9.07813, 9.506381 ] }, { "date": "2024-03-22", "close": 9.897798, "volume": 114479865, "typical_volume": 107110428.1, "trend": 9.897163, "fair_value": 8.077776, "relative_strength": 11.176968, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.434083, "energy": 23.743889, "activity_lines": [ 9.529449, 8.885935, 9.101311, 9.507692 ] }, { "date": "2024-03-29", "close": 8.888013, "volume": 84553797, "typical_volume": 97880003.2, "trend": 9.879698, "fair_value": 8.090446, "relative_strength": 1.375173, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.565003, "energy": 24.142516, "activity_lines": [ 9.400527, 8.931661, 9.032903, 9.442586 ] }, { "date": "2024-04-05", "close": 8.630804, "volume": 32572013, "typical_volume": 86268597.15, "trend": 9.877475, "fair_value": 8.099605, "relative_strength": -3.206244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.749191, "energy": 20.588256, "activity_lines": [ 9.16364, 8.935125, 8.95447, 9.362012 ] }, { "date": "2024-04-12", "close": 8.068753, "volume": 43897800, "typical_volume": 80244124.0, "trend": 9.810474, "fair_value": 8.105725, "relative_strength": -6.588187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.923076, "energy": 29.209132, "activity_lines": [ 8.738768, 8.835359, 8.836979, 9.24532 ] }, { "date": "2024-04-19", "close": 7.706755, "volume": 56665278, "typical_volume": 77480023.85, "trend": 9.657736, "fair_value": 8.108509, "relative_strength": -11.359283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.207506, "energy": 47.546909, "activity_lines": [ 8.291668, 8.677223, 8.700708, 9.109596 ] }, { "date": "2024-04-26", "close": 8.164016, "volume": 57076087, "typical_volume": 77047217.95, "trend": 9.578668, "fair_value": 8.114055, "relative_strength": -8.017539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.023395, "energy": 52.517041, "activity_lines": [ 8.133532, 8.586117, 8.62164, 9.013227 ] }, { "date": "2024-05-03", "close": 8.325963, "volume": 22377842, "typical_volume": 74980946.7, "trend": 9.476419, "fair_value": 8.122727, "relative_strength": -7.588493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.945899, "energy": 52.514494, "activity_lines": [ 8.144964, 8.502978, 8.570425, 8.932408 ] }, { "date": "2024-05-10", "close": 7.973491, "volume": 40962824, "typical_volume": 74112105.05, "trend": 9.398939, "fair_value": 8.12993, "relative_strength": -12.96496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.168088, "energy": 53.122062, "activity_lines": [ 8.076375, 8.359911, 8.495213, 8.835444 ] }, { "date": "2024-05-17", "close": 7.89728, "volume": 31221714, "typical_volume": 73129975.95, "trend": 9.315425, "fair_value": 8.135208, "relative_strength": -13.733631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.689406, "energy": 41.953566, "activity_lines": [ 8.026203, 8.214765, 8.423675, 8.738563 ] }, { "date": "2024-05-24", "close": 7.687703, "volume": 28524432, "typical_volume": 72376559.55, "trend": 9.210954, "fair_value": 8.139317, "relative_strength": -13.630034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.76635, "energy": 50.941748, "activity_lines": [ 7.917603, 8.061479, 8.340252, 8.633549 ] }, { "date": "2024-05-31", "close": 7.871338, "volume": 26207970, "typical_volume": 72357416.05, "trend": 9.111333, "fair_value": 8.147614, "relative_strength": -11.192038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.263557, "energy": 52.220087, "activity_lines": [ 7.871486, 7.979166, 8.284389, 8.547122 ] }, { "date": "2024-06-07", "close": 7.070532, "volume": 44325453, "typical_volume": 72990658.55, "trend": 8.949454, "fair_value": 8.150835, "relative_strength": -19.327216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.362702, "energy": 69.566857, "activity_lines": [ 7.577945, 7.788097, 8.159776, 8.415457 ] }, { "date": "2024-06-14", "close": 7.470935, "volume": 22601047, "typical_volume": 72553427.9, "trend": 8.809496, "fair_value": 8.154828, "relative_strength": -14.769451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.027645, "energy": 65.77917, "activity_lines": [ 7.501567, 7.702874, 8.083131, 8.320069 ] }, { "date": "2024-06-21", "close": 7.285382, "volume": 26103772, "typical_volume": 71439776.8, "trend": 8.673514, "fair_value": 8.159891, "relative_strength": -15.156786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.964049, "energy": 63.512172, "activity_lines": [ 7.396842, 7.605002, 7.994066, 8.221739 ] }, { "date": "2024-06-28", "close": 7.177957, "volume": 36535633, "typical_volume": 70836488.45, "trend": 8.560307, "fair_value": 8.16021, "relative_strength": -14.419829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.329541, "energy": 71.350504, "activity_lines": [ 7.297101, 7.501842, 7.90045, 8.125252 ] }, { "date": "2024-07-05", "close": 7.070532, "volume": 36372020, "typical_volume": 69076131.15, "trend": 8.436851, "fair_value": 8.160536, "relative_strength": -14.271207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.427849, "energy": 61.58028, "activity_lines": [ 7.195536, 7.388764, 7.794903, 8.029137 ] }, { "date": "2024-07-12", "close": 6.992404, "volume": 30761414, "typical_volume": 62454746.4, "trend": 8.325398, "fair_value": 8.156655, "relative_strength": -16.770187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.748015, "energy": 59.734295, "activity_lines": [ 7.121315, 7.281363, 7.681497, 7.935947 ] }, { "date": "2024-07-19", "close": 6.631065, "volume": 26410590, "typical_volume": 57897138.8, "trend": 8.204122, "fair_value": 8.150921, "relative_strength": -21.505919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.049785, "energy": 72.514923, "activity_lines": [ 6.931856, 7.13251, 7.541116, 7.826635 ] }, { "date": "2024-07-26", "close": 6.806851, "volume": 27056190, "typical_volume": 50630305.5, "trend": 8.111252, "fair_value": 8.148978, "relative_strength": -16.32173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.465058, "energy": 68.158406, "activity_lines": [ 6.856983, 7.040026, 7.426955, 7.736489 ] }, { "date": "2024-08-02", "close": 7.031468, "volume": 41806667, "typical_volume": 41525620.4, "trend": 8.018883, "fair_value": 8.149459, "relative_strength": -12.897879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.999351, "energy": 51.675871, "activity_lines": [ 6.888885, 7.008207, 7.347226, 7.666825 ] }, { "date": "2024-08-09", "close": 6.78732, "volume": 23633650, "typical_volume": 36983309.65, "trend": 7.930125, "fair_value": 8.147216, "relative_strength": -14.330424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.40812, "energy": 51.667745, "activity_lines": [ 6.849171, 6.94393, 7.257213, 7.587369 ] }, { "date": "2024-08-16", "close": 7.041234, "volume": 23846593, "typical_volume": 33947949.45, "trend": 7.86031, "fair_value": 8.146602, "relative_strength": -10.71113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.57904, "energy": 41.253029, "activity_lines": [ 6.912975, 6.945528, 7.206195, 7.530022 ] }, { "date": "2024-08-23", "close": 7.138893, "volume": 43250803, "typical_volume": 34481888.95, "trend": 7.812485, "fair_value": 8.14447, "relative_strength": -7.636017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.23487, "energy": 29.421239, "activity_lines": [ 7.006077, 6.965415, 7.173271, 7.483479 ] }, { "date": "2024-08-30", "close": 7.256084, "volume": 50404188, "typical_volume": 34807208.35, "trend": 7.771741, "fair_value": 8.142511, "relative_strength": -7.935095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.031485, "energy": 22.67585, "activity_lines": [ 7.104387, 7.012646, 7.158613, 7.447582 ] }, { "date": "2024-09-06", "close": 7.343978, "volume": 98468226, "typical_volume": 36897355.75, "trend": 7.78918, "fair_value": 8.140015, "relative_strength": -4.411907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.785659, "energy": 20.104009, "activity_lines": [ 7.202046, 7.076391, 7.156196, 7.419984 ] }, { "date": "2024-09-13", "close": 7.588126, "volume": 98045367, "typical_volume": 38945819.75, "trend": 7.809359, "fair_value": 8.138505, "relative_strength": 0.613263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.365172, "energy": 13.511255, "activity_lines": [ 7.360254, 7.181508, 7.178758, 7.407013 ] }, { "date": "2024-09-20", "close": 7.832274, "volume": 77115518, "typical_volume": 41682703.55, "trend": 7.785282, "fair_value": 8.136706, "relative_strength": 3.145613, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.75622, "energy": 18.393946, "activity_lines": [ 7.546458, 7.321605, 7.227315, 7.408491 ] }, { "date": "2024-09-27", "close": 9.619439, "volume": 195434319, "typical_volume": 49406278.3, "trend": 7.818554, "fair_value": 8.144801, "relative_strength": 7.573541, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.40968, "energy": 64.98909, "activity_lines": [ 8.275647, 7.77137, 7.448429, 7.526824 ] }, { "date": "2024-10-04", "close": 11.543326, "volume": 99453407, "typical_volume": 52817862.95, "trend": 7.885154, "fair_value": 8.16627, "relative_strength": 16.701321, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.724981, "energy": 87.99472, "activity_lines": [ 9.480763, 8.516599, 7.844932, 7.767132 ] }, { "date": "2024-10-11", "close": 10.898776, "volume": 312800247, "typical_volume": 67031653.7, "trend": 7.923283, "fair_value": 8.183955, "relative_strength": 15.169245, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.770946, "energy": 93.318986, "activity_lines": [ 10.185212, 9.05852, 8.162688, 7.961559 ] }, { "date": "2024-10-18", "close": 12.129283, "volume": 299303746, "typical_volume": 80686442.5, "trend": 7.997666, "fair_value": 8.211554, "relative_strength": 24.147881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.004577, "energy": 95.563961, "activity_lines": [ 11.062843, 9.753854, 8.582344, 8.232914 ] }, { "date": "2024-10-25", "close": 11.328477, "volume": 189493430, "typical_volume": 87944841.35, "trend": 8.079015, "fair_value": 8.234368, "relative_strength": 13.236702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.949705, "energy": 87.6379, "activity_lines": [ 11.370796, 10.20646, 8.905457, 8.447805 ] }, { "date": "2024-11-01", "close": 11.113626, "volume": 266176155, "typical_volume": 100123596.75, "trend": 8.161775, "fair_value": 8.258758, "relative_strength": 12.947182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.560388, "energy": 63.751388, "activity_lines": [ 11.374051, 10.542053, 9.187831, 8.643586 ] }, { "date": "2024-11-08", "close": 12.285538, "volume": 205151320, "typical_volume": 109075974.15, "trend": 8.302335, "fair_value": 8.288981, "relative_strength": 17.220285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.758832, "energy": 64.008983, "activity_lines": [ 11.668331, 11.018453, 9.564471, 8.909635 ] }, { "date": "2024-11-15", "close": 13.330491, "volume": 330033929, "typical_volume": 123750888.95, "trend": 8.489793, "fair_value": 8.326655, "relative_strength": 31.883356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.589577, "energy": 65.080494, "activity_lines": [ 12.261448, 11.593399, 10.016819, 9.234033 ] }, { "date": "2024-11-22", "close": 12.891025, "volume": 411738420, "typical_volume": 142519208.95, "trend": 8.64736, "fair_value": 8.363655, "relative_strength": 31.068393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.933315, "energy": 57.28649, "activity_lines": [ 12.545962, 11.979598, 10.398016, 9.517983 ] }, { "date": "2024-11-29", "close": 13.379321, "volume": 274772797, "typical_volume": 154719778.1, "trend": 8.815805, "fair_value": 8.404886, "relative_strength": 33.308911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.487327, "energy": 56.773985, "activity_lines": [ 12.942459, 12.35816, 10.798001, 9.823271 ] }, { "date": "2024-12-06", "close": 14.541467, "volume": 467912338, "typical_volume": 176794865.5, "trend": 9.034738, "fair_value": 8.452639, "relative_strength": 41.78728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.869401, "energy": 59.132778, "activity_lines": [ 13.589614, 12.847167, 11.278252, 10.192669 ] }, { "date": "2024-12-13", "close": 13.83832, "volume": 270393316, "typical_volume": 188961721.8, "trend": 9.232772, "fair_value": 8.494032, "relative_strength": 35.342278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.40256, "energy": 53.405423, "activity_lines": [ 13.773865, 13.118837, 11.653868, 10.502577 ] }, { "date": "2024-12-20", "close": 15.762208, "volume": 399764883, "typical_volume": 206859632.6, "trend": 9.501922, "fair_value": 8.546831, "relative_strength": 53.922474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.086636, "energy": 57.963034, "activity_lines": [ 14.495893, 13.698578, 12.179228, 10.923831 ] }, { "date": "2024-12-27", "close": 13.926214, "volume": 330295329, "typical_volume": 222192716.55, "trend": 9.703752, "fair_value": 8.58786, "relative_strength": 35.104229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.88016, "energy": 48.86941, "activity_lines": [ 14.443808, 13.856076, 12.488157, 11.209269 ] }, { "date": "2025-01-03", "close": 10.820648, "volume": 167258516, "typical_volume": 229363312.7, "trend": 9.828755, "fair_value": 8.607419, "relative_strength": 12.923171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.002124, "energy": 28.217616, "activity_lines": [ 13.287522, 13.416254, 12.467323, 11.281327 ] }, { "date": "2025-01-10", "close": 10.449543, "volume": 152816113, "typical_volume": 234841578.2, "trend": 9.928042, "fair_value": 8.626046, "relative_strength": 10.110821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.362673, "energy": 15.196072, "activity_lines": [ 12.178112, 12.918192, 12.393149, 11.321378 ] }, { "date": "2025-01-17", "close": 11.396838, "volume": 158980924, "typical_volume": 240270415.0, "trend": 10.065091, "fair_value": 8.648719, "relative_strength": 15.531236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.462753, "energy": 22.229001, "activity_lines": [ 11.657263, 12.604439, 12.393428, 11.416139 ] }, { "date": "2025-01-24", "close": 11.348008, "volume": 142463845, "typical_volume": 242470195.95, "trend": 10.204093, "fair_value": 8.673396, "relative_strength": 13.282978, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.801675, "energy": 20.224701, "activity_lines": [ 11.282902, 12.297967, 12.369338, 11.498908 ] }, { "date": "2025-01-31", "close": 10.79135, "volume": 24478641, "typical_volume": 238791859.65, "trend": 10.32812, "fair_value": 8.690681, "relative_strength": 8.971168, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.146048, "energy": 17.049457, "activity_lines": [ 11.017269, 11.926329, 12.273167, 11.536795 ] }, { "date": "2025-02-07", "close": 11.992559, "volume": 110074838, "typical_volume": 240439825.65, "trend": 10.494792, "fair_value": 8.716652, "relative_strength": 15.637469, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.749436, "energy": 12.003428, "activity_lines": [ 11.361029, 11.811268, 12.276143, 11.644178 ] }, { "date": "2025-02-14", "close": 12.441792, "volume": 176496901, "typical_volume": 239492954.75, "trend": 10.688483, "fair_value": 8.74446, "relative_strength": 17.192576, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.103307, "energy": 8.712036, "activity_lines": [ 11.776407, 11.8031, 12.302093, 11.769791 ] }, { "date": "2025-02-21", "close": 13.252364, "volume": 209208007, "typical_volume": 244980684.75, "trend": 10.903333, "fair_value": 8.772483, "relative_strength": 21.459483, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.388464, "energy": 20.419026, "activity_lines": [ 12.329158, 11.980485, 12.3918, 11.935203 ] }, { "date": "2025-02-28", "close": 13.613703, "volume": 353363520, "typical_volume": 247008848.4, "trend": 11.122741, "fair_value": 8.808324, "relative_strength": 28.323175, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.494659, "energy": 30.978603, "activity_lines": [ 12.878654, 12.234222, 12.507782, 12.110066 ] }, { "date": "2025-03-07", "close": 13.271896, "volume": 220239569, "typical_volume": 243055639.55, "trend": 11.338893, "fair_value": 8.83572, "relative_strength": 21.938035, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.632401, "energy": 36.171462, "activity_lines": [ 13.163168, 12.464875, 12.578283, 12.248721 ] }, { "date": "2025-03-14", "close": 12.939855, "volume": 133579898, "typical_volume": 240259962.95, "trend": 11.535514, "fair_value": 8.859365, "relative_strength": 17.062479, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.491179, "energy": 42.899485, "activity_lines": [ 13.171633, 12.647054, 12.611719, 12.352009 ] }, { "date": "2025-03-21", "close": 11.933964, "volume": 91404619, "typical_volume": 231521386.15, "trend": 11.69535, "fair_value": 8.878937, "relative_strength": 10.726414, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.691798, "energy": 24.599228, "activity_lines": [ 12.781647, 12.607813, 12.541684, 12.377715 ] }, { "date": "2025-03-28", "close": 11.015966, "volume": 64872025, "typical_volume": 224507421.4, "trend": 11.820679, "fair_value": 8.892914, "relative_strength": 2.799502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.310645, "energy": 4.562779, "activity_lines": [ 12.119516, 12.374673, 12.380313, 12.333884 ] }, { "date": "2025-04-04", "close": 10.908542, "volume": 37932483, "typical_volume": 209902349.1, "trend": 11.939498, "fair_value": 8.903017, "relative_strength": 3.876781, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.592287, "energy": 33.129908, "activity_lines": [ 11.570671, 12.128927, 12.214758, 12.275036 ] }, { "date": "2025-04-11", "close": 9.746396, "volume": 99317099, "typical_volume": 194281283.05, "trend": 12.01144, "fair_value": 8.905034, "relative_strength": -2.392058, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.938006, "energy": 60.084994, "activity_lines": [ 10.814789, 11.679872, 11.950054, 12.133546 ] }, { "date": "2025-04-18", "close": 9.648737, "volume": 51386103, "typical_volume": 183111948.35, "trend": 12.071989, "fair_value": 8.913663, "relative_strength": -3.134608, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.378298, "energy": 79.274739, "activity_lines": [ 10.261386, 11.23206, 11.691025, 11.981113 ] }, { "date": "2025-04-25", "close": 10.449543, "volume": 88079657, "typical_volume": 164120314.3, "trend": 12.099659, "fair_value": 8.930495, "relative_strength": 3.10047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.807311, "energy": 74.048069, "activity_lines": [ 10.194327, 10.972464, 11.526027, 11.876439 ] }, { "date": "2025-05-02", "close": 10.859713, "volume": 50459561, "typical_volume": 153123626.55, "trend": 12.076872, "fair_value": 8.952736, "relative_strength": 6.874464, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.987988, "energy": 66.375549, "activity_lines": [ 10.362952, 10.823667, 11.419579, 11.796443 ] }, { "date": "2025-05-09", "close": 11.05503, "volume": 66309400, "typical_volume": 136450852.4, "trend": 12.082081, "fair_value": 8.978836, "relative_strength": 5.817951, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.146886, "energy": 40.300329, "activity_lines": [ 10.6071, 10.753885, 11.345916, 11.730518 ] }, { "date": "2025-05-16", "close": 11.133158, "volume": 62854723, "typical_volume": 123078822.1, "trend": 12.048876, "fair_value": 9.007752, "relative_strength": 5.462296, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.169684, "energy": 24.512214, "activity_lines": [ 10.867525, 10.744829, 11.302108, 11.669297 ] }, { "date": "2025-05-23", "close": 10.693691, "volume": 68407862, "typical_volume": 118136289.4, "trend": 12.027717, "fair_value": 9.035474, "relative_strength": 1.320739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.641048, "energy": 21.502927, "activity_lines": [ 10.88901, 10.694757, 11.229748, 11.581866 ] }, { "date": "2025-05-30", "close": 11.09586, "volume": 49081100, "typical_volume": 112949538.75, "trend": 12.027125, "fair_value": 9.065599, "relative_strength": 5.576588, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.792128, "energy": 19.343454, "activity_lines": [ 10.974887, 10.758645, 11.196293, 11.521746 ] }, { "date": "2025-06-06", "close": 11.28309, "volume": 45922860, "typical_volume": 107296635.55, "trend": 11.99371, "fair_value": 9.09623, "relative_strength": 5.184944, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.812939, "energy": 18.612667, "activity_lines": [ 11.080087, 10.871813, 11.177592, 11.473743 ] }, { "date": "2025-06-13", "close": 11.223966, "volume": 69707042, "typical_volume": 103658795.4, "trend": 11.923492, "fair_value": 9.125555, "relative_strength": 4.694367, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.406301, "energy": 16.527593, "activity_lines": [ 11.137354, 10.969375, 11.153802, 11.424083 ] }, { "date": "2025-06-20", "close": 11.036735, "volume": 82316995, "typical_volume": 106550713.1, "trend": 11.861683, "fair_value": 9.153985, "relative_strength": 3.589457, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.638659, "energy": 15.931691, "activity_lines": [ 11.120948, 11.02716, 11.112771, 11.366872 ] }, { "date": "2025-06-27", "close": 12.100991, "volume": 126961469, "typical_volume": 107395044.65, "trend": 11.819072, "fair_value": 9.187627, "relative_strength": 8.793775, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.436714, "energy": 9.63677, "activity_lines": [ 11.465722, 11.254985, 11.17193, 11.382312 ] }, { "date": "2025-07-04", "close": 11.519591, "volume": 83277050, "typical_volume": 102734052.1, "trend": 11.718342, "fair_value": 9.217722, "relative_strength": 1.766544, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.86311, "energy": 12.985117, "activity_lines": [ 11.522876, 11.332515, 11.1752, 11.36299 ] }, { "date": "2025-07-11", "close": 12.317784, "volume": 98193373, "typical_volume": 97183320.4, "trend": 11.667658, "fair_value": 9.252576, "relative_strength": 6.225742, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.157292, "energy": 33.747615, "activity_lines": [ 11.817846, 11.535715, 11.258881, 11.401664 ] }, { "date": "2025-07-18", "close": 11.972886, "volume": 73645929, "typical_volume": 83197440.85, "trend": 11.541347, "fair_value": 9.284146, "relative_strength": 0.563119, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.976712, "energy": 40.568846, "activity_lines": [ 11.92887, 11.649696, 11.314164, 11.421356 ] }, { "date": "2025-07-25", "close": 11.953177, "volume": 58493127, "typical_volume": 75110118.75, "trend": 11.475579, "fair_value": 9.315947, "relative_strength": -2.367878, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.501318, "energy": 40.484, "activity_lines": [ 11.983397, 11.743406, 11.375384, 11.447926 ] }, { "date": "2025-08-01", "close": 12.179825, "volume": 175443236, "typical_volume": 77203285.65, "trend": 11.520885, "fair_value": 9.350036, "relative_strength": 0.579009, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.090605, "energy": 40.421697, "activity_lines": [ 12.052377, 11.863415, 11.464469, 11.493361 ] }, { "date": "2025-08-08", "close": 12.130554, "volume": 83525265, "typical_volume": 76809317.95, "trend": 11.576919, "fair_value": 9.385835, "relative_strength": -1.547768, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.175193, "energy": 28.414049, "activity_lines": [ 12.099677, 11.947444, 11.55248, 11.532695 ] }, { "date": "2025-08-15", "close": 12.751369, "volume": 134255492, "typical_volume": 80278491.3, "trend": 11.62207, "fair_value": 9.423171, "relative_strength": -1.44269, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.44297, "energy": 39.265332, "activity_lines": [ 12.313185, 12.125537, 11.698681, 11.608466 ] }, { "date": "2025-08-22", "close": 13.234227, "volume": 143261925, "typical_volume": 85544963.4, "trend": 11.684944, "fair_value": 9.463243, "relative_strength": -2.541237, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.733019, "energy": 67.902952, "activity_lines": [ 12.65874, 12.364726, 11.882604, 11.712476 ] }, { "date": "2025-08-29", "close": 12.869621, "volume": 169953831, "typical_volume": 89076800.0, "trend": 11.754219, "fair_value": 9.500621, "relative_strength": -9.40881, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.367798, "energy": 66.035575, "activity_lines": [ 12.79867, 12.501072, 12.020729, 11.788906 ] }, { "date": "2025-09-05", "close": 11.844782, "volume": 97492699, "typical_volume": 91382129.8, "trend": 11.749294, "fair_value": 9.530416, "relative_strength": -15.977763, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.728403, "energy": 43.574788, "activity_lines": [ 12.535891, 12.41776, 12.046377, 11.794749 ] }, { "date": "2025-09-12", "close": 12.041866, "volume": 78678599, "typical_volume": 90912076.9, "trend": 11.735963, "fair_value": 9.562369, "relative_strength": -16.757628, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.922126, "energy": 27.159709, "activity_lines": [ 12.361143, 12.374939, 12.080337, 11.813625 ] }, { "date": "2025-09-19", "close": 11.667405, "volume": 74004974, "typical_volume": 92089347.55, "trend": 11.683131, "fair_value": 9.592756, "relative_strength": -20.145534, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.509982, "energy": 17.742321, "activity_lines": [ 12.067487, 12.254538, 12.071053, 11.809202 ] }, { "date": "2025-09-26", "close": 11.35207, "volume": 64591903, "typical_volume": 92003472.7, "trend": 11.607743, "fair_value": 9.620108, "relative_strength": -22.9153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.903416, "energy": 19.288734, "activity_lines": [ 11.740984, 12.088629, 12.02789, 11.787843 ] }, { "date": "2025-10-03", "close": 11.381633, "volume": 19828026, "typical_volume": 89852137.85, "trend": 11.544734, "fair_value": 9.648603, "relative_strength": -24.195494, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.389789, "energy": 17.945972, "activity_lines": [ 11.549812, 11.939382, 11.986128, 11.773255 ] }, { "date": "2025-10-10", "close": 11.105715, "volume": 24143852, "typical_volume": 87638937.35, "trend": 11.483596, "fair_value": 9.678071, "relative_strength": -24.757453, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.528297, "energy": 35.609227, "activity_lines": [ 11.365866, 11.75036, 11.916905, 11.744931 ] }, { "date": "2025-10-17", "close": 10.534168, "volume": 46996290, "typical_volume": 87534696.85, "trend": 11.436936, "fair_value": 9.705485, "relative_strength": -24.432865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.34741, "energy": 54.13037, "activity_lines": [ 11.040676, 11.47695, 11.791287, 11.683678 ] }, { "date": "2025-10-24", "close": 11.02688, "volume": 34307499, "typical_volume": 86953928.8, "trend": 11.4373, "fair_value": 9.737547, "relative_strength": -24.15661, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.037428, "energy": 48.369461, "activity_lines": [ 10.980237, 11.322149, 11.715268, 11.657223 ] }, { "date": "2025-10-31", "close": 11.046589, "volume": 39658406, "typical_volume": 85451497.0, "trend": 11.441902, "fair_value": 9.766756, "relative_strength": -24.210643, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.377592, "energy": 45.687152, "activity_lines": [ 10.969069, 11.202286, 11.642347, 11.632016 ] }, { "date": "2025-11-07", "close": 10.888922, "volume": 37611365, "typical_volume": 83216215.5, "trend": 11.479986, "fair_value": 9.793642, "relative_strength": -25.055032, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.432953, "energy": 43.818145, "activity_lines": [ 10.92571, 11.093531, 11.555255, 11.596339 ] }, { "date": "2025-11-14", "close": 10.553878, "volume": 36312570, "typical_volume": 78683770.55, "trend": 11.510157, "fair_value": 9.815937, "relative_strength": -25.745819, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.808004, "energy": 42.900104, "activity_lines": [ 10.803518, 10.959872, 11.436957, 11.536591 ] }, { "date": "2025-11-21", "close": 10.39621, "volume": 60114357, "typical_volume": 77525635.9, "trend": 11.50838, "fair_value": 9.836685, "relative_strength": -22.336542, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.930854, "energy": 57.992625, "activity_lines": [ 10.665559, 10.821017, 11.311011, 11.464723 ] }, { "date": "2025-11-28", "close": 10.65242, "volume": 43382658, "typical_volume": 74785100.15, "trend": 11.50147, "fair_value": 9.859373, "relative_strength": -22.54166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.72009, "energy": 56.395544, "activity_lines": [ 10.6222, 10.758666, 11.214815, 11.4095 ] }, { "date": "2025-12-05", "close": 10.494752, "volume": 34148942, "typical_volume": 72810250.8, "trend": 11.482794, "fair_value": 9.879442, "relative_strength": -23.87853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.948297, "energy": 66.194839, "activity_lines": [ 10.55125, 10.686103, 11.111533, 11.34455 ] }, { "date": "2025-12-12", "close": 10.00204, "volume": 31895288, "typical_volume": 71480358.85, "trend": 11.44509, "fair_value": 9.899093, "relative_strength": -27.341791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.979681, "energy": 75.188403, "activity_lines": [ 10.352851, 10.539544, 10.968365, 11.249018 ] }, { "date": "2025-12-19", "close": 10.139999, "volume": 30435850, "typical_volume": 64229989.55, "trend": 11.426634, "fair_value": 9.917007, "relative_strength": -24.688743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.039655, "energy": 71.809812, "activity_lines": [ 10.259564, 10.443152, 10.847627, 11.164818 ] }, { "date": "2025-12-26", "close": 10.041457, "volume": 23438359, "typical_volume": 61225644.25, "trend": 11.391487, "fair_value": 9.936315, "relative_strength": -27.18603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.423319, "energy": 76.661327, "activity_lines": [ 10.161022, 10.346401, 10.727218, 11.075452 ] }, { "date": "2026-01-02", "close": 10.376501, "volume": 22371931, "typical_volume": 55631466.2, "trend": 11.361267, "fair_value": 9.958188, "relative_strength": -23.846625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.373161, "energy": 61.064439, "activity_lines": [ 10.197811, 10.319526, 10.648666, 11.009969 ] }, { "date": "2026-01-09", "close": 10.819942, "volume": 54883193, "typical_volume": 51212529.6, "trend": 11.3478, "fair_value": 9.984633, "relative_strength": -23.500322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.682073, "energy": 36.363645, "activity_lines": [ 10.400808, 10.385101, 10.623655, 10.975045 ] }, { "date": "2026-01-16", "close": 11.125422, "volume": 123038913, "typical_volume": 48866783.7, "trend": 11.350756, "fair_value": 10.012499, "relative_strength": -21.712023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.238214, "energy": 18.170711, "activity_lines": [ 10.683953, 10.510339, 10.639234, 10.960698 ] }, { "date": "2026-01-23", "close": 11.076151, "volume": 47246657, "typical_volume": 46354481.6, "trend": 11.316595, "fair_value": 10.036115, "relative_strength": -22.411697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.844176, "energy": 21.856849, "activity_lines": [ 10.875782, 10.622319, 10.658426, 10.942982 ] }, { "date": "2026-01-30", "close": 11.056443, "volume": 94209423, "typical_volume": 47131022.8, "trend": 11.301156, "fair_value": 10.059963, "relative_strength": -20.837532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.883879, "energy": 19.688851, "activity_lines": [ 10.998631, 10.72122, 10.679401, 10.926198 ] }, { "date": "2026-02-06", "close": 10.908629, "volume": 77161656, "typical_volume": 47288856.9, "trend": 11.254184, "fair_value": 10.079644, "relative_strength": -19.666475, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.840147, "energy": 17.690044, "activity_lines": [ 11.004544, 10.781241, 10.690992, 10.900873 ] }, { "date": "2026-02-13", "close": 11.361924, "volume": 66094451, "typical_volume": 47363984.3, "trend": 11.233819, "fair_value": 10.100921, "relative_strength": -16.90083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.913952, "energy": 17.240805, "activity_lines": [ 11.126079, 10.919021, 10.749366, 10.907824 ] }, { "date": "2026-02-27", "close": 11.568863, "volume": 48887375, "typical_volume": 48816951.75, "trend": 11.221009, "fair_value": 10.122629, "relative_strength": -17.021744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.80987, "energy": 34.626956, "activity_lines": [ 11.280462, 11.07866, 10.827402, 10.92944 ] }, { "date": "2026-03-06", "close": 10.859359, "volume": 67109620, "typical_volume": 50965240.15, "trend": 11.176993, "fair_value": 10.142233, "relative_strength": -19.506938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.753579, "energy": 12.721263, "activity_lines": [ 11.168781, 11.08081, 10.836975, 10.906108 ] }, { "date": "2026-03-13", "close": 11.02688, "volume": 74490958, "typical_volume": 52339973.55, "trend": 11.140204, "fair_value": 10.162137, "relative_strength": -18.137052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.253085, "energy": 11.557725, "activity_lines": [ 11.127393, 11.100339, 10.863675, 10.896423 ] }, { "date": "2026-03-20", "close": 11.716677, "volume": 173440196, "typical_volume": 59296608.4, "trend": 11.105714, "fair_value": 10.184197, "relative_strength": -9.801673, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.901954, "energy": 24.323342, "activity_lines": [ 11.317909, 11.227369, 10.953724, 10.933615 ] }, { "date": "2026-03-27", "close": 11.854635, "volume": 244817477, "typical_volume": 69554561.95, "trend": 11.059728, "fair_value": 10.20422, "relative_strength": -7.553607, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.993527, "energy": 25.329224, "activity_lines": [ 11.50054, 11.355116, 11.053627, 10.981932 ] }, { "date": "2026-04-03", "close": 10.100583, "volume": 176850363, "typical_volume": 76516511.85, "trend": 10.967426, "fair_value": 10.207815, "relative_strength": -18.353371, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.181658, "energy": 7.354141, "activity_lines": [ 11.06564, 11.145131, 10.98263, 10.920052 ] }, { "date": "2026-04-10", "close": 10.317376, "volume": 105217896, "typical_volume": 79961778.15, "trend": 10.916513, "fair_value": 10.21262, "relative_strength": -21.637109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.866314, "energy": 9.120513, "activity_lines": [ 10.80089, 10.993197, 10.936034, 10.878113 ] }, { "date": "2026-04-17", "close": 11.342216, "volume": 153368738, "typical_volume": 84624497.2, "trend": 10.893191, "fair_value": 10.226737, "relative_strength": -16.788008, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.643956, "energy": 17.045025, "activity_lines": [ 10.913885, 11.041393, 10.988167, 10.905578 ] }, { "date": "2026-04-24", "close": 10.957901, "volume": 108225521, "typical_volume": 87866640.35, "trend": 10.869541, "fair_value": 10.236959, "relative_strength": -19.475035, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.49289, "energy": 17.432117, "activity_lines": [ 10.877753, 11.014518, 10.999195, 10.909753 ] }, { "date": "2026-05-01", "close": 10.415918, "volume": 67140786, "typical_volume": 89516232.55, "trend": 10.838336, "fair_value": 10.241979, "relative_strength": -23.718572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.298029, "energy": 11.124441, "activity_lines": [ 10.711545, 10.888205, 10.95715, 10.880487 ] }, { "date": "2026-05-08", "close": 11.125422, "volume": 57198854, "typical_volume": 90781410.85, "trend": 10.829796, "fair_value": 10.256911, "relative_strength": -20.262668, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 19.332708, "energy": 8.087916, "activity_lines": [ 10.877753, 10.908092, 10.983052, 10.899008 ] }, { "date": "2026-05-15", "close": 10.691837, "volume": 83865443, "typical_volume": 93452890.5, "trend": 10.816, "fair_value": 10.272163, "relative_strength": -22.687275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.979058, "energy": 7.168383, "activity_lines": [ 10.83111, 10.857208, 10.962312, 10.890108 ] }, { "date": "2026-05-22", "close": 10.800233, "volume": 96918846, "typical_volume": 97126914.85, "trend": 10.824869, "fair_value": 10.288408, "relative_strength": -21.400939, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.948199, "energy": 5.211458, "activity_lines": [ 10.795634, 10.829079, 10.949267, 10.889091 ] }, { "date": "2026-05-29", "close": 9.24, "volume": 71980441, "typical_volume": 99607340.35, "trend": 10.765306, "fair_value": 10.295904, "relative_strength": -31.973621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.170122, "energy": 32.827161, "activity_lines": [ 10.276214, 10.521392, 10.784015, 10.786841 ] }, { "date": "2026-06-05", "close": 8.93, "volume": 9605992, "typical_volume": 97343480.3, "trend": 10.694753, "fair_value": 10.300997, "relative_strength": -32.359309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.611305, "energy": 65.699147, "activity_lines": [ 9.767986, 10.202371, 10.594651, 10.668434 ] }, { "date": "2026-06-12", "close": 8.39, "volume": 9004400, "typical_volume": 91641754.65, "trend": 10.611456, "fair_value": 10.302934, "relative_strength": -34.153751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.822168, "energy": 77.155793, "activity_lines": [ 9.17882, 9.838344, 10.362858, 10.51974 ] }, { "date": "2026-06-19", "close": 8.68, "volume": 39240910, "typical_volume": 91241467.3, "trend": 10.548993, "fair_value": 10.303372, "relative_strength": -35.587839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.02085, "energy": 79.685234, "activity_lines": [ 8.868682, 9.558146, 10.17171, 10.39513 ] }, { "date": "2026-06-26", "close": 7.92, "volume": 11915634, "typical_volume": 87126777.85, "trend": 10.466453, "fair_value": 10.298082, "relative_strength": -39.46965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.894421, "energy": 86.374702, "activity_lines": [ 8.439333, 9.169537, 9.919592, 10.225518 ] }, { "date": "2026-07-03", "close": 7.97, "volume": 7137180, "typical_volume": 83625554.05, "trend": 10.377039, "fair_value": 10.292625, "relative_strength": -37.415325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.953719, "energy": 89.576967, "activity_lines": [ 8.218667, 8.85224, 9.68717, 10.064457 ] }, { "date": "2026-07-10", "close": 7.83, "volume": 41808517, "typical_volume": 82411257.35, "trend": 10.288214, "fair_value": 10.287431, "relative_strength": -35.387471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.980749, "energy": 88.73486, "activity_lines": [ 8.036, 8.563814, 9.455409, 9.900131 ] }, { "date": "2026-07-17", "close": 8.46, "volume": 222680654, "typical_volume": 91100921.3, "trend": 10.236812, "fair_value": 10.287252, "relative_strength": -22.374475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.725891, "energy": 71.901478, "activity_lines": [ 8.136667, 8.436951, 9.300467, 9.782182 ] }, { "date": "2026-07-24", "close": 7.96, "volume": 191244068, "typical_volume": 97307643.7, "trend": 10.164146, "fair_value": 10.286249, "relative_strength": -26.397565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.87283, "energy": 55.761268, "activity_lines": [ 8.066, 8.267641, 9.11271, 9.635291 ] }, { "date": "2026-07-31", "close": 8.54, "volume": 115315691, "typical_volume": 99348880.35, "trend": 10.114097, "fair_value": 10.27492, "relative_strength": -19.020762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.90653, "energy": 45.939219, "activity_lines": [ 8.236667, 8.253455, 8.993997, 9.530507 ] }, { "date": "2026-08-07", "close": 8.68, "volume": 104579671, "typical_volume": 95905854.1, "trend": 10.057547, "fair_value": 10.264915, "relative_strength": -20.921441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.797099, "energy": 33.969847, "activity_lines": [ 8.412667, 8.305818, 8.90046, 9.437985 ] } ], "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." } } }