{ "ticker": { "uuid": "9950e98a-d567-4374-9aa8-debe01145abb", "symbol": "300277", "name": "Hangzhou Turbine Power 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.09, "architecture_energy": 85.638, "architecture_maturity": 28.0, "architecture_confidence": 93.22, "architecture_tenure": "New", "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": 10.84, "rotation_up": 11.58, "upward_expansion": 21.74, "deceleration": 37.09, "rotation_down": 73.37, "downward_expansion": 95.07 }, "activity_lines": [ 11.985333, 12.802285, 14.278272, 15.618249 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 12.43, "trend_reference": 16.846296, "distance_from_trend": -0.262152, "trend_direction": "Improving", "fair_value": 11.423076, "distance_from_fair_value": 0.088148, "fair_value_direction": "Weakening", "relative_strength": -22.247608, "relative_strength_direction": "Weakening", "price_momentum": -0.255243, "excess_performance": -0.262642, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.262152, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.002998, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.088148, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.628903, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.222476, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.236971, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.255243, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.386305, "read": "Supply-led" } ], "volume": { "latest": 76682355, "relative_activity": 0.681133, "balance": 0.386305, "dry_up": 0.746108, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.120716, "annualized_volatility": 0.645596, "from_high_reference": -0.528273, "from_low_reference": 0.122855 }, "levels": { "trend_reference": 16.846296, "fair_value_reference": 11.423076, "structural_low": 11.07, "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": 13, "median_return": -0.004769, "positive_rate": 0.461538, "directional_follow_through": 0.538462, "median_excess_return": 0.019112, "regime_survival": 0.846154, "best_return": 0.5623, "worst_return": -0.190662, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.02507, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.030087, "regime_survival": 0.6, "best_return": 1.161085, "worst_return": -0.13279, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.090013, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.003454, "regime_survival": 0.333333, "best_return": 1.451356, "worst_return": -0.124285, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.595745, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.514212, "regime_survival": 0.0, "best_return": 1.14669, "worst_return": 0.0448, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-23", "end": "2024-09-20", "tenure": "Extended", "return": 0.082424, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.175481, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.307008, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": 0.245136, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.16851, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-07-25", "tenure": "Established", "return": 0.193774, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-10-17", "tenure": "Developing", "return": 0.054288, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-05", "tenure": "Developing", "return": -0.117978, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.057099, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-16", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-03", "tenure": "Developing", "return": -0.063975, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": -0.220792, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-07-10", "tenure": "Developing", "return": -0.075868, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.057872, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.59437, "volume": 18739790, "typical_volume": 27025426.9, "trend": 7.63847, "fair_value": 8.372076, "relative_strength": 6.763348, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.601103, "energy": 9.445929, "activity_lines": [ 7.66205, 7.767761, 7.783874, 7.75638 ] }, { "date": "2023-08-04", "close": 8.014112, "volume": 21385014, "typical_volume": 27016309.75, "trend": 7.690727, "fair_value": 8.35086, "relative_strength": 10.806919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.530084, "energy": 9.619954, "activity_lines": [ 7.772029, 7.794924, 7.805916, 7.780615 ] }, { "date": "2023-08-11", "close": 7.750554, "volume": 19762953, "typical_volume": 26677343.05, "trend": 7.717644, "fair_value": 8.324677, "relative_strength": 10.927787, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.264706, "energy": 8.097492, "activity_lines": [ 7.770076, 7.778063, 7.801513, 7.784475 ] }, { "date": "2023-08-18", "close": 7.633417, "volume": 24104436, "typical_volume": 26583962.8, "trend": 7.745202, "fair_value": 8.296939, "relative_strength": 12.389455, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.485429, "energy": 5.522147, "activity_lines": [ 7.723222, 7.743277, 7.787487, 7.779041 ] }, { "date": "2023-08-25", "close": 7.340575, "volume": 24481224, "typical_volume": 26812254.1, "trend": 7.749689, "fair_value": 8.270106, "relative_strength": 11.081988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.495769, "energy": 20.155014, "activity_lines": [ 7.607387, 7.662169, 7.746597, 7.752936 ] }, { "date": "2023-09-01", "close": 7.818884, "volume": 29895422, "typical_volume": 26526944.0, "trend": 7.754215, "fair_value": 8.251781, "relative_strength": 13.923457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.906874, "energy": 17.004833, "activity_lines": [ 7.658146, 7.683466, 7.754143, 7.7574 ] }, { "date": "2023-09-08", "close": 8.2191, "volume": 33617423, "typical_volume": 26787554.4, "trend": 7.767863, "fair_value": 8.236145, "relative_strength": 21.047597, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.274279, "energy": 18.90113, "activity_lines": [ 7.827343, 7.778241, 7.800549, 7.787393 ] }, { "date": "2023-09-15", "close": 7.691986, "volume": 24750548, "typical_volume": 26683161.9, "trend": 7.775624, "fair_value": 8.213543, "relative_strength": 14.323895, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.732794, "energy": 3.599324, "activity_lines": [ 7.80717, 7.766882, 7.791512, 7.782498 ] }, { "date": "2023-09-22", "close": 7.86769, "volume": 20451102, "typical_volume": 27298928.25, "trend": 7.783725, "fair_value": 8.186318, "relative_strength": 15.972839, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.760283, "energy": 18.532539, "activity_lines": [ 7.849469, 7.786937, 7.797543, 7.788437 ] }, { "date": "2023-09-29", "close": 7.926259, "volume": 15512947, "typical_volume": 27198655.7, "trend": 7.790857, "fair_value": 8.164662, "relative_strength": 17.038232, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.456938, "energy": 24.503453, "activity_lines": [ 7.895673, 7.821191, 7.806512, 7.797633 ] }, { "date": "2023-10-13", "close": 8.082441, "volume": 31151922, "typical_volume": 26752161.8, "trend": 7.799948, "fair_value": 8.134361, "relative_strength": 19.061203, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.575182, "energy": 32.196229, "activity_lines": [ 7.954892, 7.875145, 7.827667, 7.816445 ] }, { "date": "2023-10-20", "close": 7.848167, "volume": 31311028, "typical_volume": 24907657.2, "trend": 7.803828, "fair_value": 8.103734, "relative_strength": 20.699135, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.778803, "energy": 26.970051, "activity_lines": [ 7.918449, 7.877629, 7.827529, 7.819556 ] }, { "date": "2023-10-27", "close": 7.799361, "volume": 30299472, "typical_volume": 24808029.35, "trend": 7.794719, "fair_value": 8.068898, "relative_strength": 16.736166, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.942294, "energy": 19.289849, "activity_lines": [ 7.890467, 7.874257, 7.824554, 7.819268 ] }, { "date": "2023-11-03", "close": 8.150771, "volume": 29644878, "typical_volume": 24908818.4, "trend": 7.804791, "fair_value": 8.03582, "relative_strength": 20.218378, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.290305, "energy": 28.542039, "activity_lines": [ 7.972463, 7.93389, 7.855698, 7.842239 ] }, { "date": "2023-11-10", "close": 9.390469, "volume": 191656973, "typical_volume": 33105693.6, "trend": 7.852939, "fair_value": 8.011061, "relative_strength": 35.629358, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.827897, "energy": 58.812633, "activity_lines": [ 8.448819, 8.209517, 8.004257, 7.94454 ] }, { "date": "2023-11-17", "close": 9.654028, "volume": 165885884, "typical_volume": 40741582.9, "trend": 7.908899, "fair_value": 7.983847, "relative_strength": 38.079577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.68808, "energy": 74.240492, "activity_lines": [ 8.915415, 8.495792, 8.1722, 8.06074 ] }, { "date": "2023-11-24", "close": 9.078105, "volume": 75598505, "typical_volume": 43308207.95, "trend": 7.974225, "fair_value": 7.962403, "relative_strength": 30.627989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.335787, "energy": 70.91861, "activity_lines": [ 9.085263, 8.643988, 8.27674, 8.136172 ] }, { "date": "2023-12-01", "close": 9.068344, "volume": 35401548, "typical_volume": 43872099.65, "trend": 8.031761, "fair_value": 7.941761, "relative_strength": 31.042892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.022296, "energy": 72.19286, "activity_lines": [ 9.169862, 8.774791, 8.373564, 8.206761 ] }, { "date": "2023-12-08", "close": 8.853592, "volume": 35831070, "typical_volume": 44425276.25, "trend": 8.083112, "fair_value": 7.91696, "relative_strength": 29.122471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.170561, "energy": 61.832077, "activity_lines": [ 9.098278, 8.841524, 8.443242, 8.259782 ] }, { "date": "2023-12-15", "close": 8.755978, "volume": 26984046, "typical_volume": 44323309.25, "trend": 8.129586, "fair_value": 7.893636, "relative_strength": 28.982059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.256387, "energy": 35.946595, "activity_lines": [ 8.947302, 8.872583, 8.499858, 8.303193 ] }, { "date": "2023-12-22", "close": 8.297193, "volume": 23995405, "typical_volume": 44586090.0, "trend": 8.129607, "fair_value": 7.873616, "relative_strength": 23.431588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.797782, "energy": 19.937532, "activity_lines": [ 8.685696, 8.80514, 8.506551, 8.314006 ] }, { "date": "2023-12-29", "close": 8.443614, "volume": 23311288, "typical_volume": 44682403.7, "trend": 8.13678, "fair_value": 7.858491, "relative_strength": 20.748559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.415343, "energy": 18.923304, "activity_lines": [ 8.563354, 8.760416, 8.523843, 8.334265 ] }, { "date": "2024-01-05", "close": 8.297193, "volume": 52549253, "typical_volume": 46321718.7, "trend": 8.148819, "fair_value": 7.848735, "relative_strength": 22.97353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.661295, "energy": 17.792368, "activity_lines": [ 8.434503, 8.678242, 8.525144, 8.344614 ] }, { "date": "2024-01-12", "close": 8.248385, "volume": 26877764, "typical_volume": 46460385.1, "trend": 8.156628, "fair_value": 7.84188, "relative_strength": 22.824729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.060298, "energy": 16.280686, "activity_lines": [ 8.340794, 8.578144, 8.519195, 8.351038 ] }, { "date": "2024-01-19", "close": 7.633417, "volume": 22016068, "typical_volume": 46337127.3, "trend": 8.138081, "fair_value": 7.833496, "relative_strength": 15.605858, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.01286, "energy": 22.757364, "activity_lines": [ 8.082442, 8.364458, 8.451748, 8.317282 ] }, { "date": "2024-01-26", "close": 7.633417, "volume": 28346984, "typical_volume": 46259705.4, "trend": 8.130598, "fair_value": 7.825544, "relative_strength": 15.093636, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.886994, "energy": 26.107855, "activity_lines": [ 7.898927, 8.182718, 8.382907, 8.284723 ] }, { "date": "2024-02-02", "close": 6.032547, "volume": 28325008, "typical_volume": 45995084.65, "trend": 8.076585, "fair_value": 7.814749, "relative_strength": -1.435069, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.327315, "energy": 60.027161, "activity_lines": [ 7.226041, 7.746649, 8.162485, 8.149365 ] }, { "date": "2024-02-09", "close": 5.446863, "volume": 46370380, "typical_volume": 47076076.25, "trend": 8.002723, "fair_value": 7.799768, "relative_strength": -18.680358, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.542102, "energy": 92.163731, "activity_lines": [ 6.518665, 7.259467, 7.896696, 7.979705 ] }, { "date": "2024-02-23", "close": 7.008687, "volume": 54274765, "typical_volume": 48767259.4, "trend": 7.967582, "fair_value": 7.793871, "relative_strength": 1.456203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.889378, "energy": 78.709436, "activity_lines": [ 6.521919, 7.122097, 7.790343, 7.915574 ] }, { "date": "2024-03-01", "close": 6.852504, "volume": 64665626, "typical_volume": 51224893.35, "trend": 7.947734, "fair_value": 7.788827, "relative_strength": -4.860979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.93976, "energy": 75.191011, "activity_lines": [ 6.555758, 6.989874, 7.673206, 7.843634 ] }, { "date": "2024-03-08", "close": 6.95988, "volume": 39167176, "typical_volume": 51625656.05, "trend": 7.926584, "fair_value": 7.788244, "relative_strength": -2.927354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.824578, "energy": 57.398626, "activity_lines": [ 6.67745, 6.911783, 7.571409, 7.779901 ] }, { "date": "2024-03-15", "close": 7.213677, "volume": 53962625, "typical_volume": 52758235.9, "trend": 7.899903, "fair_value": 7.789658, "relative_strength": -2.183321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.093258, "energy": 26.812911, "activity_lines": [ 6.928644, 6.904151, 7.499128, 7.733907 ] }, { "date": "2024-03-22", "close": 7.526042, "volume": 41396442, "typical_volume": 53313084.4, "trend": 7.89242, "fair_value": 7.78683, "relative_strength": 2.288418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.350046, "energy": 19.323638, "activity_lines": [ 7.205217, 6.975676, 7.459618, 7.709787 ] }, { "date": "2024-03-29", "close": 7.184392, "volume": 28033709, "typical_volume": 53232525.95, "trend": 7.877452, "fair_value": 7.782059, "relative_strength": -0.839253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.013278, "energy": 19.042338, "activity_lines": [ 7.229295, 6.999103, 7.388871, 7.664108 ] }, { "date": "2024-04-05", "close": 7.125823, "volume": 12767036, "typical_volume": 44288029.1, "trend": 7.870294, "fair_value": 7.775985, "relative_strength": -3.257851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.903951, "energy": 18.197541, "activity_lines": [ 7.222136, 7.031227, 7.317147, 7.615615 ] }, { "date": "2024-04-12", "close": 6.686561, "volume": 17063988, "typical_volume": 36846934.3, "trend": 7.83255, "fair_value": 7.771423, "relative_strength": -6.236707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.254236, "energy": 22.333591, "activity_lines": [ 7.050336, 6.992714, 7.214374, 7.539246 ] }, { "date": "2024-04-19", "close": 6.091115, "volume": 24805976, "typical_volume": 34307307.85, "trend": 7.761617, "fair_value": 7.752905, "relative_strength": -15.042032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301657, "energy": 38.223396, "activity_lines": [ 6.698274, 6.863153, 7.069022, 7.426895 ] }, { "date": "2024-04-26", "close": 6.793936, "volume": 20008881, "typical_volume": 33537674.5, "trend": 7.731682, "fair_value": 7.74019, "relative_strength": -7.18313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.310998, "energy": 35.061123, "activity_lines": [ 6.655324, 6.860314, 7.004829, 7.364464 ] }, { "date": "2024-05-03", "close": 6.930596, "volume": 7854306, "typical_volume": 32138836.3, "trend": 7.700445, "fair_value": 7.731628, "relative_strength": -6.767657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.68708, "energy": 34.762635, "activity_lines": [ 6.706734, 6.857829, 6.964482, 7.312781 ] }, { "date": "2024-05-10", "close": 6.764652, "volume": 21463026, "typical_volume": 31862785.3, "trend": 7.661725, "fair_value": 7.724661, "relative_strength": -10.453424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.298981, "energy": 34.41228, "activity_lines": [ 6.71975, 6.826592, 6.917488, 7.252407 ] }, { "date": "2024-05-17", "close": 6.969642, "volume": 19651504, "typical_volume": 31645590.25, "trend": 7.624632, "fair_value": 7.717215, "relative_strength": -7.678351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.911909, "energy": 22.764322, "activity_lines": [ 6.825173, 6.834224, 6.899499, 7.207757 ] }, { "date": "2024-05-24", "close": 6.832982, "volume": 24953076, "typical_volume": 31727679.65, "trend": 7.590792, "fair_value": 7.712974, "relative_strength": -6.882277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.80647, "energy": 18.242191, "activity_lines": [ 6.866171, 6.816831, 6.874816, 7.156683 ] }, { "date": "2024-05-31", "close": 7.018613, "volume": 69182376, "typical_volume": 32559335.8, "trend": 7.564767, "fair_value": 7.710788, "relative_strength": -3.741192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.677714, "energy": 15.503022, "activity_lines": [ 6.919588, 6.840111, 6.875483, 7.119768 ] }, { "date": "2024-06-07", "close": 6.304026, "volume": 28113605, "typical_volume": 32621127.85, "trend": 7.503209, "fair_value": 7.702661, "relative_strength": -12.367933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.772517, "energy": 28.600328, "activity_lines": [ 6.719831, 6.742692, 6.814182, 7.03843 ] }, { "date": "2024-06-14", "close": 6.421493, "volume": 11412197, "typical_volume": 32090934.3, "trend": 7.404243, "fair_value": 7.695226, "relative_strength": -10.641055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.97051, "energy": 38.14522, "activity_lines": [ 6.601001, 6.682637, 6.773327, 6.968642 ] }, { "date": "2024-06-21", "close": 6.519381, "volume": 24614769, "typical_volume": 31904323.55, "trend": 7.299755, "fair_value": 7.686501, "relative_strength": -7.349898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.721673, "energy": 36.957701, "activity_lines": [ 6.537678, 6.653186, 6.747566, 6.911554 ] }, { "date": "2024-06-28", "close": 6.597692, "volume": 16970596, "typical_volume": 31336602.95, "trend": 7.217075, "fair_value": 7.678341, "relative_strength": -3.997295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.397315, "energy": 39.370388, "activity_lines": [ 6.530475, 6.641013, 6.734568, 6.866259 ] }, { "date": "2024-07-05", "close": 6.52917, "volume": 18382151, "typical_volume": 29937191.5, "trend": 7.132435, "fair_value": 7.669865, "relative_strength": -3.417429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.362404, "energy": 30.771755, "activity_lines": [ 6.516118, 6.607171, 6.712353, 6.821878 ] }, { "date": "2024-07-12", "close": 6.36276, "volume": 15444055, "typical_volume": 27995656.0, "trend": 7.049408, "fair_value": 7.653488, "relative_strength": -7.620428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.636925, "energy": 29.860768, "activity_lines": [ 6.478921, 6.547886, 6.669136, 6.772222 ] }, { "date": "2024-07-19", "close": 6.000571, "volume": 15247762, "typical_volume": 25524762.8, "trend": 6.957561, "fair_value": 7.636964, "relative_strength": -13.296133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.40528, "energy": 40.253277, "activity_lines": [ 6.317078, 6.433074, 6.5945, 6.704555 ] }, { "date": "2024-07-26", "close": 6.059305, "volume": 11997038, "typical_volume": 24166255.9, "trend": 6.882965, "fair_value": 7.623426, "relative_strength": -9.279241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.46367, "energy": 51.601447, "activity_lines": [ 6.202875, 6.342832, 6.529514, 6.646603 ] }, { "date": "2024-08-02", "close": 6.294238, "volume": 15333252, "typical_volume": 22234787.25, "trend": 6.811319, "fair_value": 7.61419, "relative_strength": -5.391015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.175527, "energy": 46.812685, "activity_lines": [ 6.197654, 6.311857, 6.491192, 6.608621 ] }, { "date": "2024-08-09", "close": 6.157193, "volume": 14647812, "typical_volume": 20897355.75, "trend": 6.739985, "fair_value": 7.602957, "relative_strength": -5.803484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.840006, "energy": 47.623771, "activity_lines": [ 6.166982, 6.265761, 6.444196, 6.566419 ] }, { "date": "2024-08-16", "close": 6.372548, "volume": 11794771, "typical_volume": 20085408.85, "trend": 6.677457, "fair_value": 7.589936, "relative_strength": -2.118126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.755691, "energy": 30.532933, "activity_lines": [ 6.232894, 6.274482, 6.424229, 6.542713 ] }, { "date": "2024-08-23", "close": 6.137615, "volume": 12297349, "typical_volume": 20061924.5, "trend": 6.627597, "fair_value": 7.575906, "relative_strength": -3.869984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.003756, "energy": 28.590094, "activity_lines": [ 6.219842, 6.239242, 6.385753, 6.507885 ] }, { "date": "2024-08-30", "close": 6.352971, "volume": 13940605, "typical_volume": 19905755.35, "trend": 6.584916, "fair_value": 7.566985, "relative_strength": -2.556845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.207028, "energy": 20.737933, "activity_lines": [ 6.269439, 6.248319, 6.372492, 6.490167 ] }, { "date": "2024-09-06", "close": 6.127827, "volume": 13877875, "typical_volume": 19359350.3, "trend": 6.588092, "fair_value": 7.554196, "relative_strength": -3.562466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.539554, "energy": 22.9317, "activity_lines": [ 6.22441, 6.219486, 6.339378, 6.460677 ] }, { "date": "2024-09-13", "close": 7.39059, "volume": 94481576, "typical_volume": 23082985.05, "trend": 6.652883, "fair_value": 7.54621, "relative_strength": 17.937252, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.285352, "energy": 12.390857, "activity_lines": [ 6.611397, 6.42879, 6.426352, 6.512451 ] }, { "date": "2024-09-20", "close": 7.586368, "volume": 116188559, "typical_volume": 28499697.7, "trend": 6.672139, "fair_value": 7.544076, "relative_strength": 19.278918, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.877293, "energy": 41.174796, "activity_lines": [ 6.981416, 6.658027, 6.529131, 6.572676 ] }, { "date": "2024-09-27", "close": 8.144332, "volume": 163187248, "typical_volume": 35585908.8, "trend": 6.7152, "fair_value": 7.544587, "relative_strength": 8.417127, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.332914, "energy": 66.680412, "activity_lines": [ 7.456502, 6.966465, 6.681926, 6.667657 ] }, { "date": "2024-10-04", "close": 9.573506, "volume": 46723109, "typical_volume": 36939489.05, "trend": 6.802321, "fair_value": 7.543697, "relative_strength": 14.777997, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.030597, "energy": 92.178633, "activity_lines": [ 8.274198, 7.495776, 6.964263, 6.852063 ] }, { "date": "2024-10-11", "close": 8.800186, "volume": 135357480, "typical_volume": 42459709.25, "trend": 6.855204, "fair_value": 7.54195, "relative_strength": 10.182621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.86098, "energy": 82.720009, "activity_lines": [ 8.619418, 7.820588, 7.160552, 6.980958 ] }, { "date": "2024-10-18", "close": 9.387518, "volume": 98866099, "typical_volume": 43943895.4, "trend": 6.917253, "fair_value": 7.543223, "relative_strength": 13.880993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.375546, "energy": 87.496586, "activity_lines": [ 8.982259, 8.206625, 7.403409, 7.144333 ] }, { "date": "2024-10-25", "close": 11.766211, "volume": 154400500, "typical_volume": 50258240.15, "trend": 7.069981, "fair_value": 7.552722, "relative_strength": 38.251695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.611114, "energy": 96.368986, "activity_lines": [ 10.004869, 8.966419, 7.861527, 7.457169 ] }, { "date": "2024-11-01", "close": 11.766211, "volume": 0, "typical_volume": 49687630.3, "trend": 7.22466, "fair_value": 7.561165, "relative_strength": 39.331111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.615108, "energy": 94.017702, "activity_lines": [ 10.748822, 9.628146, 8.293636, 7.760152 ] }, { "date": "2024-11-08", "close": 11.766211, "volume": 0, "typical_volume": 48456891.85, "trend": 7.393982, "fair_value": 7.57023, "relative_strength": 29.814032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.864172, "energy": 92.500174, "activity_lines": [ 11.251317, 10.187535, 8.700293, 8.053155 ] }, { "date": "2024-11-15", "close": 13.851239, "volume": 235689168, "typical_volume": 59392820.45, "trend": 7.652653, "fair_value": 7.603036, "relative_strength": 57.390076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.00186, "energy": 87.16413, "activity_lines": [ 12.302641, 11.027597, 9.280539, 8.469752 ] }, { "date": "2024-11-22", "close": 13.263906, "volume": 231841295, "typical_volume": 70065777.65, "trend": 7.868318, "fair_value": 7.629158, "relative_strength": 54.098012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.397644, "energy": 68.401977, "activity_lines": [ 12.82145, 11.620446, 9.770309, 8.831768 ] }, { "date": "2024-11-29", "close": 12.539531, "volume": 141297034, "typical_volume": 76358426.6, "trend": 8.055283, "fair_value": 7.658154, "relative_strength": 42.446703, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.25955, "energy": 61.976549, "activity_lines": [ 12.840375, 11.974803, 10.15902, 9.133137 ] }, { "date": "2024-12-06", "close": 14.507092, "volume": 209921752, "typical_volume": 86092126.1, "trend": 8.313364, "fair_value": 7.700322, "relative_strength": 60.523762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.454129, "energy": 64.481111, "activity_lines": [ 13.463599, 12.59684, 10.705704, 9.549383 ] }, { "date": "2024-12-13", "close": 13.342218, "volume": 137674011, "typical_volume": 92375974.75, "trend": 8.525783, "fair_value": 7.732661, "relative_strength": 47.632336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.185312, "energy": 55.922414, "activity_lines": [ 13.515807, 12.891396, 11.100941, 9.873825 ] }, { "date": "2024-12-20", "close": 12.451431, "volume": 86193622, "typical_volume": 95918993.25, "trend": 8.713065, "fair_value": 7.75811, "relative_strength": 37.891989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.499759, "energy": 48.292103, "activity_lines": [ 13.166018, 12.955469, 11.376661, 10.127092 ] }, { "date": "2024-12-27", "close": 11.501911, "volume": 60895581, "typical_volume": 98231381.7, "trend": 8.862508, "fair_value": 7.777721, "relative_strength": 26.70219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.839656, "energy": 36.903396, "activity_lines": [ 12.593043, 12.780515, 11.53263, 10.307018 ] }, { "date": "2025-01-03", "close": 10.062949, "volume": 41502247, "typical_volume": 99716755.5, "trend": 8.987806, "fair_value": 7.786865, "relative_strength": 19.045052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.37383, "energy": 20.279247, "activity_lines": [ 11.657881, 12.305488, 11.526104, 10.384466 ] }, { "date": "2025-01-10", "close": 10.14126, "volume": 48393900, "typical_volume": 101521583.05, "trend": 9.111798, "fair_value": 7.798561, "relative_strength": 20.870123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.857636, "energy": 23.249717, "activity_lines": [ 10.913927, 11.875668, 11.509463, 10.458882 ] }, { "date": "2025-01-17", "close": 10.57197, "volume": 42650461, "typical_volume": 102957075.85, "trend": 9.246884, "fair_value": 7.789408, "relative_strength": 21.136753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.986639, "energy": 23.131176, "activity_lines": [ 10.604599, 11.553704, 11.514777, 10.553087 ] }, { "date": "2025-01-24", "close": 10.865635, "volume": 71491000, "typical_volume": 105837732.1, "trend": 9.389149, "fair_value": 7.798291, "relative_strength": 22.39976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.181168, "energy": 19.237043, "activity_lines": [ 10.577843, 11.306846, 11.527969, 10.657522 ] }, { "date": "2025-01-31", "close": 11.286556, "volume": 18721896, "typical_volume": 102049748.1, "trend": 9.547729, "fair_value": 7.808071, "relative_strength": 28.165902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.764193, "energy": 13.43592, "activity_lines": [ 10.797113, 11.190804, 11.558687, 10.779936 ] }, { "date": "2025-02-07", "close": 12.118609, "volume": 59831099, "typical_volume": 99231875.1, "trend": 9.73959, "fair_value": 7.827472, "relative_strength": 30.996834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.970641, "energy": 15.889279, "activity_lines": [ 11.308092, 11.261995, 11.650096, 10.945799 ] }, { "date": "2025-02-14", "close": 12.529742, "volume": 117200184, "typical_volume": 96932521.9, "trend": 9.957229, "fair_value": 7.84839, "relative_strength": 31.668837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.276792, "energy": 29.791436, "activity_lines": [ 11.81907, 11.415591, 11.759079, 11.125809 ] }, { "date": "2025-02-21", "close": 15.04548, "volume": 218585141, "typical_volume": 105525623.5, "trend": 10.256768, "fair_value": 7.882079, "relative_strength": 52.649157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.916612, "energy": 66.963535, "activity_lines": [ 13.009396, 12.062546, 12.086773, 11.454083 ] }, { "date": "2025-02-28", "close": 12.62763, "volume": 131180183, "typical_volume": 105316758.65, "trend": 10.467882, "fair_value": 7.907974, "relative_strength": 31.400888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.302508, "energy": 61.52637, "activity_lines": [ 13.095538, 12.238924, 12.158138, 11.607042 ] }, { "date": "2025-03-07", "close": 13.371584, "volume": 66056184, "typical_volume": 103676262.9, "trend": 10.708361, "fair_value": 7.939508, "relative_strength": 34.756266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.368318, "energy": 66.646992, "activity_lines": [ 13.312198, 12.547362, 12.28213, 11.794377 ] }, { "date": "2025-03-14", "close": 13.058341, "volume": 51159292, "typical_volume": 98514202.5, "trend": 10.931221, "fair_value": 7.967977, "relative_strength": 28.79797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.903522, "energy": 61.18129, "activity_lines": [ 13.285442, 12.764853, 12.357318, 11.945989 ] }, { "date": "2025-03-21", "close": 12.588476, "volume": 40581414, "typical_volume": 100543273.2, "trend": 11.14625, "fair_value": 7.994118, "relative_strength": 26.511122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.468739, "energy": 33.483141, "activity_lines": [ 13.039416, 12.842452, 12.381604, 12.052909 ] }, { "date": "2025-03-28", "close": 11.893466, "volume": 32089689, "typical_volume": 102147757.65, "trend": 11.330933, "fair_value": 8.01773, "relative_strength": 19.548782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.854711, "energy": 18.945732, "activity_lines": [ 12.557804, 12.749191, 12.335783, 12.101116 ] }, { "date": "2025-04-04", "close": 12.510164, "volume": 30406200, "typical_volume": 91883609.25, "trend": 11.543677, "fair_value": 8.047595, "relative_strength": 27.475335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.21143, "energy": 15.722617, "activity_lines": [ 12.491892, 12.744029, 12.348089, 12.177196 ] }, { "date": "2025-04-11", "close": 11.149512, "volume": 62664638, "typical_volume": 83424776.4, "trend": 11.668975, "fair_value": 8.070911, "relative_strength": 18.761292, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.144289, "energy": 13.95285, "activity_lines": [ 11.98026, 12.461576, 12.237195, 12.151766 ] }, { "date": "2025-04-18", "close": 11.472546, "volume": 35833826, "typical_volume": 78151616.0, "trend": 11.798514, "fair_value": 8.095553, "relative_strength": 21.596575, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.440393, "energy": 15.818707, "activity_lines": [ 11.724445, 12.240348, 12.167135, 12.139093 ] }, { "date": "2025-04-25", "close": 12.823408, "volume": 73511871, "typical_volume": 71331121.95, "trend": 11.954483, "fair_value": 8.128482, "relative_strength": 32.538531, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.717661, "energy": 16.913373, "activity_lines": [ 12.024637, 12.276478, 12.230809, 12.205215 ] }, { "date": "2025-05-02", "close": 12.333965, "volume": 36660476, "typical_volume": 66280445.2, "trend": 12.046499, "fair_value": 8.160012, "relative_strength": 26.398816, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.033379, "energy": 10.390913, "activity_lines": [ 12.146019, 12.218278, 12.255887, 12.229698 ] }, { "date": "2025-05-09", "close": 12.187132, "volume": 32919721, "typical_volume": 63616750.15, "trend": 12.159397, "fair_value": 8.194144, "relative_strength": 20.895423, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.286715, "energy": 9.986253, "activity_lines": [ 12.18909, 12.182683, 12.271782, 12.238771 ] }, { "date": "2025-05-16", "close": 12.236075, "volume": 27310403, "typical_volume": 61937491.25, "trend": 12.254349, "fair_value": 8.231322, "relative_strength": 19.632662, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.116385, "energy": 4.880493, "activity_lines": [ 12.270011, 12.163994, 12.293597, 12.243718 ] }, { "date": "2025-05-23", "close": 12.510164, "volume": 69136266, "typical_volume": 63319192.2, "trend": 12.279147, "fair_value": 8.274297, "relative_strength": 21.695004, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.567669, "energy": 6.066779, "activity_lines": [ 12.369857, 12.215786, 12.33802, 12.260222 ] }, { "date": "2025-05-30", "close": 12.89193, "volume": 41278788, "typical_volume": 62963436.6, "trend": 12.316671, "fair_value": 8.319719, "relative_strength": 25.285799, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.749642, "energy": 18.074624, "activity_lines": [ 12.527784, 12.346957, 12.407148, 12.299756 ] }, { "date": "2025-06-06", "close": 13.019185, "volume": 28986411, "typical_volume": 62280234.1, "trend": 12.358437, "fair_value": 8.364652, "relative_strength": 23.362229, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.12436, "energy": 32.238778, "activity_lines": [ 12.723561, 12.495748, 12.475297, 12.34508 ] }, { "date": "2025-06-13", "close": 12.36, "volume": 37233235, "typical_volume": 60567345.85, "trend": 12.308729, "fair_value": 8.403433, "relative_strength": 16.687566, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.280426, "energy": 34.011308, "activity_lines": [ 12.653929, 12.504219, 12.469013, 12.345181 ] }, { "date": "2025-06-20", "close": 11.58, "volume": 24974900, "typical_volume": 60879996.05, "trend": 12.252599, "fair_value": 8.437027, "relative_strength": 9.719513, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.508516, "energy": 4.248904, "activity_lines": [ 12.312772, 12.373602, 12.381328, 12.298166 ] }, { "date": "2025-06-27", "close": 12.6, "volume": 44883918, "typical_volume": 60132637.0, "trend": 12.254614, "fair_value": 8.475849, "relative_strength": 14.112875, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.075008, "energy": 13.707796, "activity_lines": [ 12.355353, 12.420613, 12.389388, 12.320579 ] }, { "date": "2025-07-04", "close": 12.42, "volume": 26352487, "typical_volume": 55590252.15, "trend": 12.185045, "fair_value": 8.514329, "relative_strength": 10.230179, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.500584, "energy": 15.02266, "activity_lines": [ 12.331946, 12.414398, 12.378013, 12.331249 ] }, { "date": "2025-07-11", "close": 12.7, "volume": 29114694, "typical_volume": 46116729.8, "trend": 12.163637, "fair_value": 8.553979, "relative_strength": 9.817812, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.111182, "energy": 16.481564, "activity_lines": [ 12.433333, 12.466426, 12.393827, 12.364472 ] }, { "date": "2025-07-18", "close": 12.81, "volume": 23570234, "typical_volume": 40736232.35, "trend": 12.17559, "fair_value": 8.592711, "relative_strength": 7.602573, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.021098, "energy": 30.102618, "activity_lines": [ 12.592667, 12.531799, 12.431286, 12.406173 ] }, { "date": "2025-07-25", "close": 13.31, "volume": 104565542, "typical_volume": 42661700.25, "trend": 12.235859, "fair_value": 8.634836, "relative_strength": 8.326735, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.408393, "energy": 50.018984, "activity_lines": [ 12.888667, 12.676756, 12.515496, 12.47936 ] }, { "date": "2025-08-01", "close": 12.71, "volume": 42938811, "typical_volume": 42250676.2, "trend": 12.324094, "fair_value": 8.672803, "relative_strength": 4.340664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.80523, "energy": 45.369158, "activity_lines": [ 12.869333, 12.693096, 12.542856, 12.50995 ] }, { "date": "2025-08-08", "close": 12.64, "volume": 25198953, "typical_volume": 41481553.15, "trend": 12.407386, "fair_value": 8.710945, "relative_strength": 1.774943, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.029657, "energy": 39.269345, "activity_lines": [ 12.819333, 12.693076, 12.565208, 12.530331 ] }, { "date": "2025-08-15", "close": 12.66, "volume": 29977534, "typical_volume": 41375945.4, "trend": 12.476987, "fair_value": 8.746843, "relative_strength": -3.040193, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.499313, "energy": 27.310577, "activity_lines": [ 12.761333, 12.701273, 12.58922, 12.546629 ] }, { "date": "2025-08-22", "close": 13.16, "volume": 53250203, "typical_volume": 42518145.55, "trend": 12.553465, "fair_value": 8.786445, "relative_strength": -4.157619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.487458, "energy": 26.293184, "activity_lines": [ 12.872667, 12.806909, 12.6572, 12.590694 ] }, { "date": "2025-08-29", "close": 12.99, "volume": 69032788, "typical_volume": 42836553.05, "trend": 12.610247, "fair_value": 8.824584, "relative_strength": -9.7488, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.681692, "energy": 25.098339, "activity_lines": [ 12.904, 12.867091, 12.705896, 12.618858 ] }, { "date": "2025-09-05", "close": 14.99, "volume": 231963290, "typical_volume": 52643026.25, "trend": 12.70596, "fair_value": 8.874981, "relative_strength": 4.247478, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.764618, "energy": 66.630159, "activity_lines": [ 13.623333, 13.265273, 12.936303, 12.77239 ] }, { "date": "2025-09-12", "close": 15.21, "volume": 226416261, "typical_volume": 60288245.75, "trend": 12.795302, "fair_value": 8.928099, "relative_strength": 2.613419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.689293, "energy": 76.73772, "activity_lines": [ 14.264, 13.66, 13.170914, 12.933941 ] }, { "date": "2025-09-19", "close": 15.89, "volume": 218234348, "typical_volume": 69366939.35, "trend": 12.823453, "fair_value": 8.986138, "relative_strength": 5.508934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.467895, "energy": 82.402661, "activity_lines": [ 14.96, 14.127636, 13.458921, 13.133599 ] }, { "date": "2025-09-26", "close": 15.53, "volume": 118866476, "typical_volume": 73664277.1, "trend": 12.920198, "fair_value": 9.039935, "relative_strength": 1.498457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.721185, "energy": 82.3308, "activity_lines": [ 15.320667, 14.471818, 13.695709, 13.308215 ] }, { "date": "2025-10-03", "close": 14.9, "volume": 39793228, "typical_volume": 74288418.35, "trend": 12.971145, "fair_value": 9.089505, "relative_strength": -5.207547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.721521, "energy": 73.332992, "activity_lines": [ 15.313333, 14.652, 13.856579, 13.435944 ] }, { "date": "2025-10-10", "close": 14.5, "volume": 29791862, "typical_volume": 72321198.15, "trend": 13.019201, "fair_value": 9.138634, "relative_strength": -6.895668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.613853, "energy": 47.942781, "activity_lines": [ 15.045333, 14.730545, 13.966668, 13.53458 ] }, { "date": "2025-10-17", "close": 13.4, "volume": 49090550, "typical_volume": 72711786.25, "trend": 13.046252, "fair_value": 9.183832, "relative_strength": -9.662513, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.817487, "energy": 24.843588, "activity_lines": [ 14.443333, 14.576545, 13.96252, 13.559148 ] }, { "date": "2025-10-24", "close": 14.24, "volume": 48367208, "typical_volume": 73680826.1, "trend": 13.124469, "fair_value": 9.237037, "relative_strength": -8.280751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.436665, "energy": 19.965853, "activity_lines": [ 14.242, 14.561455, 14.035952, 13.636164 ] }, { "date": "2025-10-31", "close": 13.55, "volume": 67493988, "typical_volume": 75193863.75, "trend": 13.159131, "fair_value": 9.283197, "relative_strength": -13.144948, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.393668, "energy": 19.7364, "activity_lines": [ 13.920667, 14.392182, 14.037857, 13.663617 ] }, { "date": "2025-11-07", "close": 14.5, "volume": 46812932, "typical_volume": 76285765.35, "trend": 13.270814, "fair_value": 9.333762, "relative_strength": -7.276929, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.547048, "energy": 18.771288, "activity_lines": [ 14.048, 14.388545, 14.124571, 13.750125 ] }, { "date": "2025-11-14", "close": 14.5, "volume": 0, "typical_volume": 74041569.45, "trend": 13.371729, "fair_value": 9.384077, "relative_strength": -5.659994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.838712, "energy": 14.989351, "activity_lines": [ 14.202, 14.357455, 14.197381, 13.829427 ] }, { "date": "2025-11-21", "close": 12.8, "volume": 53174767, "typical_volume": 75382683.45, "trend": 13.370948, "fair_value": 9.421871, "relative_strength": -11.853415, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.141514, "energy": 5.670203, "activity_lines": [ 13.789333, 14.026182, 14.099238, 13.792542 ] }, { "date": "2025-11-28", "close": 12.72, "volume": 41539654, "typical_volume": 76003931.45, "trend": 13.383816, "fair_value": 9.458716, "relative_strength": -15.128611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.186233, "energy": 9.353642, "activity_lines": [ 13.39, 13.724182, 13.991667, 13.750545 ] }, { "date": "2025-12-05", "close": 12.56, "volume": 32206198, "typical_volume": 76435729.65, "trend": 13.396245, "fair_value": 9.493286, "relative_strength": -16.69907, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.227926, "energy": 32.458992, "activity_lines": [ 13.038667, 13.450727, 13.868762, 13.697396 ] }, { "date": "2025-12-12", "close": 12.96, "volume": 46352634, "typical_volume": 73525084.25, "trend": 13.420376, "fair_value": 9.532606, "relative_strength": -14.378853, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.997444, "energy": 41.189719, "activity_lines": [ 12.886667, 13.304, 13.785143, 13.669251 ] }, { "date": "2025-12-19", "close": 12.85, "volume": 52501940, "typical_volume": 74003240.7, "trend": 13.431704, "fair_value": 9.56891, "relative_strength": -14.065085, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.723923, "energy": 45.098988, "activity_lines": [ 12.800667, 13.172545, 13.692714, 13.632452 ] }, { "date": "2025-12-26", "close": 12.82, "volume": 37075357, "typical_volume": 74597060.9, "trend": 13.429306, "fair_value": 9.606458, "relative_strength": -16.996297, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.962757, "energy": 37.402913, "activity_lines": [ 12.814667, 13.065636, 13.596762, 13.592987 ] }, { "date": "2026-01-02", "close": 13.05, "volume": 27987791, "typical_volume": 74497573.75, "trend": 13.430333, "fair_value": 9.645481, "relative_strength": -14.939694, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.346344, "energy": 24.331784, "activity_lines": [ 12.904, 13.011091, 13.521857, 13.568516 ] }, { "date": "2026-01-09", "close": 13.7, "volume": 52201045, "typical_volume": 74445115.85, "trend": 13.475, "fair_value": 9.691479, "relative_strength": -14.372264, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.938203, "energy": 8.080602, "activity_lines": [ 13.188, 13.096364, 13.507, 13.585914 ] }, { "date": "2026-01-16", "close": 14.81, "volume": 107839498, "typical_volume": 76385451.35, "trend": 13.582667, "fair_value": 9.745092, "relative_strength": -8.472393, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.227545, "energy": 19.770104, "activity_lines": [ 13.766, 13.380727, 13.595286, 13.672043 ] }, { "date": "2026-01-23", "close": 19.07, "volume": 194302071, "typical_volume": 74502390.4, "trend": 13.798333, "fair_value": 9.822829, "relative_strength": 16.03868, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.537236, "energy": 78.54527, "activity_lines": [ 15.640667, 14.434, 14.080619, 14.026065 ] }, { "date": "2026-01-30", "close": 16.690001, "volume": 158485162, "typical_volume": 71105835.45, "trend": 13.940667, "fair_value": 9.886183, "relative_strength": 3.117142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.577923, "energy": 79.267686, "activity_lines": [ 16.307334, 14.971455, 14.319857, 14.212624 ] }, { "date": "2026-02-06", "close": 17.809999, "volume": 115798904, "typical_volume": 65984063.25, "trend": 14.111, "fair_value": 9.954158, "relative_strength": 12.148813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.32683, "energy": 85.092579, "activity_lines": [ 17.089333, 15.641818, 14.658714, 14.462258 ] }, { "date": "2026-02-13", "close": 19.879999, "volume": 438193069, "typical_volume": 81950392.9, "trend": 14.346667, "fair_value": 10.032343, "relative_strength": 22.960091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.212477, "energy": 87.706891, "activity_lines": [ 18.244, 16.596, 15.185571, 14.834452 ] }, { "date": "2026-02-27", "close": 25.129999, "volume": 342330053, "typical_volume": 97077234.15, "trend": 14.740667, "fair_value": 10.143371, "relative_strength": 50.277865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.236468, "energy": 96.594201, "activity_lines": [ 20.736666, 18.371636, 16.191714, 15.53015 ] }, { "date": "2026-03-06", "close": 24.93, "volume": 348465057, "typical_volume": 113010893.9, "trend": 15.148, "fair_value": 10.255363, "relative_strength": 51.041212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.248164, "energy": 93.839699, "activity_lines": [ 22.474666, 19.889636, 17.130095, 16.187527 ] }, { "date": "2026-03-13", "close": 20.610001, "volume": 272955423, "typical_volume": 124204137.55, "trend": 15.413667, "fair_value": 10.338603, "relative_strength": 23.493964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.106627, "energy": 76.122027, "activity_lines": [ 22.382, 20.402545, 17.607381, 16.539914 ] }, { "date": "2026-03-20", "close": 19.08, "volume": 203417933, "typical_volume": 131956673.8, "trend": 15.627667, "fair_value": 10.411473, "relative_strength": 17.384154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.260727, "energy": 57.466918, "activity_lines": [ 21.518, 20.495636, 17.904619, 16.776452 ] }, { "date": "2026-03-27", "close": 19.24, "volume": 191133578, "typical_volume": 138138653.3, "trend": 15.830333, "fair_value": 10.484744, "relative_strength": 18.849233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.902495, "energy": 43.213563, "activity_lines": [ 20.622667, 20.508182, 18.194048, 17.009505 ] }, { "date": "2026-04-03", "close": 17.85, "volume": 151454387, "typical_volume": 143370726.05, "trend": 15.992333, "fair_value": 10.549604, "relative_strength": 13.228722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.313406, "energy": 23.727429, "activity_lines": [ 19.306667, 20.167273, 18.324, 17.139806 ] }, { "date": "2026-04-10", "close": 19.74, "volume": 138608042, "typical_volume": 150301128.15, "trend": 16.150667, "fair_value": 10.624395, "relative_strength": 16.519365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.25383, "energy": 23.104767, "activity_lines": [ 19.106, 20.114727, 18.618, 17.381591 ] }, { "date": "2026-04-17", "close": 19.43, "volume": 188003834, "typical_volume": 157042581.5, "trend": 16.291333, "fair_value": 10.698635, "relative_strength": 9.945509, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.424012, "energy": 20.024751, "activity_lines": [ 19.148, 19.993636, 18.857524, 17.593161 ] }, { "date": "2026-04-24", "close": 18.84, "volume": 196554755, "typical_volume": 164793336.55, "trend": 16.389667, "fair_value": 10.768468, "relative_strength": 6.063918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.191661, "energy": 17.544383, "activity_lines": [ 19.072, 19.715455, 19.009286, 17.757591 ] }, { "date": "2026-05-01", "close": 17.948492, "volume": 114443438, "typical_volume": 168905198.55, "trend": 16.470283, "fair_value": 10.832399, "relative_strength": 0.096376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.820359, "energy": 14.32135, "activity_lines": [ 18.714831, 19.256453, 19.046999, 17.858161 ] }, { "date": "2026-05-08", "close": 18.72756, "volume": 94213312, "typical_volume": 171298232.45, "trend": 16.597868, "fair_value": 10.906817, "relative_strength": 1.449487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.071301, "energy": 10.781026, "activity_lines": [ 18.703451, 18.974219, 19.13325, 18.003792 ] }, { "date": "2026-05-15", "close": 16.879774, "volume": 161805032, "typical_volume": 176763387.05, "trend": 16.677194, "fair_value": 10.967955, "relative_strength": -8.36953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.071495, "energy": 9.2204, "activity_lines": [ 18.017639, 18.472431, 19.016057, 18.021979 ] }, { "date": "2026-05-22", "close": 15.821043, "volume": 140305602, "typical_volume": 181924899.3, "trend": 16.757896, "fair_value": 11.022493, "relative_strength": -14.052571, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.799428, "energy": 17.954843, "activity_lines": [ 17.169598, 17.924515, 18.778843, 17.966743 ] }, { "date": "2026-05-29", "close": 15.381569, "volume": 167028862, "typical_volume": 188876952.85, "trend": 16.795948, "fair_value": 11.073902, "relative_strength": -15.982782, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.085963, "energy": 44.22352, "activity_lines": [ 16.415663, 17.383766, 18.485483, 17.877948 ] }, { "date": "2026-06-05", "close": 15.051964, "volume": 28541307, "typical_volume": 187693965.95, "trend": 16.846013, "fair_value": 11.117206, "relative_strength": -15.971053, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.401655, "energy": 57.126331, "activity_lines": [ 15.782422, 16.850334, 18.14963, 17.765433 ] }, { "date": "2026-06-12", "close": 13.433903, "volume": 25832453, "typical_volume": 183593613.7, "trend": 16.810477, "fair_value": 11.150575, "relative_strength": -22.759971, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.177057, "energy": 68.320189, "activity_lines": [ 14.802929, 16.098854, 17.653238, 17.545297 ] }, { "date": "2026-06-19", "close": 14.682406, "volume": 137021602, "typical_volume": 180729590.25, "trend": 16.816557, "fair_value": 11.193821, "relative_strength": -20.802029, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.740174, "energy": 64.68866, "activity_lines": [ 14.592514, 15.654668, 17.282304, 17.408002 ] }, { "date": "2026-06-26", "close": 14.882167, "volume": 37781241, "typical_volume": 174694394.2, "trend": 16.885963, "fair_value": 11.237847, "relative_strength": -18.168806, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.026565, "energy": 61.550503, "activity_lines": [ 14.595178, 15.338758, 16.951288, 17.283203 ] }, { "date": "2026-07-03", "close": 14.81, "volume": 22488267, "typical_volume": 170028862.35, "trend": 16.955629, "fair_value": 11.280284, "relative_strength": -17.235882, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.072442, "energy": 54.442393, "activity_lines": [ 14.636377, 15.092415, 16.622008, 17.14927 ] }, { "date": "2026-07-10", "close": 13.91, "volume": 120406230, "typical_volume": 154139520.4, "trend": 17.000629, "fair_value": 11.319079, "relative_strength": -19.070468, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.80852, "energy": 52.982551, "activity_lines": [ 14.415681, 14.755708, 16.221299, 16.952777 ] }, { "date": "2026-07-17", "close": 11.75, "volume": 88321326, "typical_volume": 141439084.05, "trend": 16.960296, "fair_value": 11.345342, "relative_strength": -24.535988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.182579, "energy": 74.146581, "activity_lines": [ 13.551116, 14.099701, 15.643304, 16.614027 ] }, { "date": "2026-07-24", "close": 11.26, "volume": 94434316, "typical_volume": 128737547.0, "trend": 16.907296, "fair_value": 11.368402, "relative_strength": -27.602255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.20616, "energy": 89.279019, "activity_lines": [ 12.635478, 13.481468, 15.082357, 16.246266 ] }, { "date": "2026-07-31", "close": 11.61, "volume": 76550805, "typical_volume": 118917316.1, "trend": 16.866963, "fair_value": 11.39114, "relative_strength": -23.838911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.478146, "energy": 88.548064, "activity_lines": [ 12.064667, 13.029048, 14.619838, 15.904505 ] }, { "date": "2026-08-07", "close": 12.43, "volume": 76682355, "typical_volume": 112580537.2, "trend": 16.846296, "fair_value": 11.423076, "relative_strength": -22.247608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.089563, "energy": 85.637526, "activity_lines": [ 11.985333, 12.802285, 14.278272, 15.618249 ] } ], "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." } } }