{ "ticker": { "uuid": "9f793137-3db0-4a6d-9ce9-ea87ad35904a", "symbol": "600199", "name": "Anhui Golden Seed Winery Co., Ltd.", "exchange": "SHH", "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": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 73.802, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -16.2, "architecture_energy": 17.525, "architecture_maturity": 100.0, "architecture_confidence": 68.885, "architecture_tenure": "Extended", "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": 46.17, "rotation_up": 38.18, "upward_expansion": 22.73, "deceleration": 41.33, "rotation_down": 21.78, "downward_expansion": 56.73 }, "activity_lines": [ 7.483333, 7.122, 7.320048, 7.635398 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 8.06, "trend_reference": 8.163333, "distance_from_trend": -0.012658, "trend_direction": "Weakening", "fair_value": 13.019936, "distance_from_fair_value": -0.380949, "fair_value_direction": "Improving", "relative_strength": -11.089303, "relative_strength_direction": "Improving", "price_momentum": -0.227969, "excess_performance": -0.184766, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.012658, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.110522, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.380949, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.066222, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.110893, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.155173, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.227969, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.344324, "read": "Demand-led" } ], "volume": { "latest": 233227011, "relative_activity": 2.789972, "balance": 2.344324, "dry_up": 2.454681, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.113571, "annualized_volatility": 0.419341, "from_high_reference": -0.314043, "from_low_reference": 0.343333 }, "levels": { "trend_reference": 8.163333, "fair_value_reference": 13.019936, "structural_low": 6.0, "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": 30, "median_return": -0.046148, "positive_rate": 0.366667, "directional_follow_through": 0.633333, "median_excess_return": -0.053071, "regime_survival": 0.866667, "best_return": 0.268671, "worst_return": -0.203917, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.101859, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.11959, "regime_survival": 0.6, "best_return": 0.133644, "worst_return": -0.290962, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.122097, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.152907, "regime_survival": 0.5, "best_return": 0.171829, "worst_return": -0.362247, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.295737, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.453523, "regime_survival": 0.666667, "best_return": 0.028002, "worst_return": -0.470904, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-07-28", "end": "2023-08-04", "tenure": "New", "return": 0.028434, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-08-11", "end": "2023-08-25", "tenure": "New", "return": -0.065226, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-01", "end": "2023-09-29", "tenure": "Developing", "return": -0.074016, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-13", "end": "2024-09-27", "tenure": "Extended", "return": -0.451506, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": -0.008208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-03", "tenure": "New", "return": -0.180837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.027826, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": 0.061333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.031145, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-07-11", "tenure": "Established", "return": -0.019538, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-10-24", "tenure": "Established", "return": -0.023674, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.012512, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.070209, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-08-07", "tenure": "Extended", "return": -0.171634, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 27.08, "volume": 85597196, "typical_volume": 53972524.35, "trend": 26.145667, "fair_value": 19.320128, "relative_strength": 3.206787, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.375606, "energy": 16.317721, "activity_lines": [ 25.884667, 25.323455, 24.989667, 25.50729 ] }, { "date": "2023-08-04", "close": 27.85, "volume": 80251911, "typical_volume": 55310477.3, "trend": 26.183333, "fair_value": 19.455449, "relative_strength": 5.625232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.151836, "energy": 39.187778, "activity_lines": [ 26.765334, 25.841273, 25.234143, 25.617247 ] }, { "date": "2023-08-11", "close": 26.370001, "volume": 48726449, "typical_volume": 54962677.4, "trend": 26.157, "fair_value": 19.58141, "relative_strength": 2.990819, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.470452, "energy": 44.825968, "activity_lines": [ 26.878667, 26.017455, 25.335905, 25.62929 ] }, { "date": "2023-08-18", "close": 25.26, "volume": 47895580, "typical_volume": 54918199.0, "trend": 26.120667, "fair_value": 19.697949, "relative_strength": 0.436908, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.039909, "energy": 34.365683, "activity_lines": [ 26.41, 25.967819, 25.339095, 25.57142 ] }, { "date": "2023-08-25", "close": 24.65, "volume": 42731370, "typical_volume": 54998240.7, "trend": 26.083333, "fair_value": 19.812308, "relative_strength": 0.204584, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -29.575796, "energy": 15.992112, "activity_lines": [ 25.745334, 25.793455, 25.296048, 25.476538 ] }, { "date": "2023-09-01", "close": 25.4, "volume": 57094632, "typical_volume": 54654732.9, "trend": 25.990667, "fair_value": 19.931282, "relative_strength": 1.047789, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.532545, "energy": 18.344416, "activity_lines": [ 25.464667, 25.779818, 25.338572, 25.432452 ] }, { "date": "2023-09-08", "close": 25.1, "volume": 51173125, "typical_volume": 54723493.25, "trend": 25.872333, "fair_value": 20.047756, "relative_strength": 0.468565, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.728091, "energy": 24.305507, "activity_lines": [ 25.196, 25.696727, 25.350619, 25.374989 ] }, { "date": "2023-09-15", "close": 24.51, "volume": 36291663, "typical_volume": 53629535.9, "trend": 25.684333, "fair_value": 20.158077, "relative_strength": -1.899323, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.275227, "energy": 25.591366, "activity_lines": [ 24.914, 25.481636, 25.304905, 25.287097 ] }, { "date": "2023-09-22", "close": 24.1, "volume": 30973748, "typical_volume": 54329759.5, "trend": 25.504, "fair_value": 20.266731, "relative_strength": -4.004568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.552793, "energy": 33.276927, "activity_lines": [ 24.619333, 25.168, 25.222762, 25.184882 ] }, { "date": "2023-09-29", "close": 23.52, "volume": 24490715, "typical_volume": 52986857.2, "trend": 25.326667, "fair_value": 20.374423, "relative_strength": -5.670191, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.312643, "energy": 48.775502, "activity_lines": [ 24.208667, 24.772, 25.087714, 25.056882 ] }, { "date": "2023-10-13", "close": 24.23, "volume": 55118602, "typical_volume": 53459834.2, "trend": 25.221667, "fair_value": 20.488077, "relative_strength": -2.168864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.229724, "energy": 43.817222, "activity_lines": [ 24.11, 24.562182, 25.017191, 24.986129 ] }, { "date": "2023-10-20", "close": 22.719999, "volume": 40067150, "typical_volume": 51737280.25, "trend": 25.063, "fair_value": 20.594295, "relative_strength": -5.04563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.741011, "energy": 62.086297, "activity_lines": [ 23.586, 24.129636, 24.795238, 24.824731 ] }, { "date": "2023-10-27", "close": 23.33, "volume": 42810381, "typical_volume": 50674059.5, "trend": 24.911667, "fair_value": 20.704167, "relative_strength": -3.72628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.100825, "energy": 59.045108, "activity_lines": [ 23.424, 23.901273, 24.63681, 24.712925 ] }, { "date": "2023-11-03", "close": 22.84, "volume": 60215532, "typical_volume": 51517020.05, "trend": 24.748, "fair_value": 20.810192, "relative_strength": -6.280896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.281589, "energy": 58.63377, "activity_lines": [ 23.177333, 23.639091, 24.439905, 24.579269 ] }, { "date": "2023-11-10", "close": 22.639999, "volume": 40401103, "typical_volume": 50175027.55, "trend": 24.582, "fair_value": 20.914103, "relative_strength": -7.435131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.010308, "energy": 62.606359, "activity_lines": [ 22.948, 23.384545, 24.231857, 24.443269 ] }, { "date": "2023-11-17", "close": 22.440001, "volume": 29709419, "typical_volume": 50103195.4, "trend": 24.496667, "fair_value": 21.013205, "relative_strength": -8.629447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.598527, "energy": 59.579823, "activity_lines": [ 22.710667, 23.130182, 24.020714, 24.305075 ] }, { "date": "2023-11-24", "close": 22.040001, "volume": 33849743, "typical_volume": 49657895.25, "trend": 24.405667, "fair_value": 21.110641, "relative_strength": -9.760398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.148642, "energy": 63.296348, "activity_lines": [ 22.459334, 22.856909, 23.781667, 24.146581 ] }, { "date": "2023-12-01", "close": 21.139999, "volume": 43427158, "typical_volume": 49969980.6, "trend": 24.275, "fair_value": 21.197885, "relative_strength": -12.939681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.671299, "energy": 72.423925, "activity_lines": [ 21.953333, 22.475636, 23.465, 23.935892 ] }, { "date": "2023-12-08", "close": 20.290001, "volume": 34119634, "typical_volume": 47032066.35, "trend": 24.131667, "fair_value": 21.274359, "relative_strength": -14.364164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.385819, "energy": 83.919292, "activity_lines": [ 21.31, 22.001091, 23.077143, 23.678796 ] }, { "date": "2023-12-15", "close": 18.790001, "volume": 58547649, "typical_volume": 47174638.0, "trend": 23.995667, "fair_value": 21.327179, "relative_strength": -19.539896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.540045, "energy": 94.008785, "activity_lines": [ 20.336667, 21.323091, 22.570619, 23.334172 ] }, { "date": "2023-12-22", "close": 18.030001, "volume": 61020774, "typical_volume": 45945816.9, "trend": 23.842333, "fair_value": 21.378397, "relative_strength": -21.590192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.030985, "energy": 94.884263, "activity_lines": [ 19.366667, 20.59291, 22.029191, 22.949291 ] }, { "date": "2023-12-29", "close": 18.52, "volume": 45183487, "typical_volume": 44192395.7, "trend": 23.664333, "fair_value": 21.432244, "relative_strength": -20.614001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.270968, "energy": 90.263207, "activity_lines": [ 18.854001, 20.064546, 21.577524, 22.605914 ] }, { "date": "2024-01-05", "close": 17.360001, "volume": 29991539, "typical_volume": 43255650.2, "trend": 23.408, "fair_value": 21.473718, "relative_strength": -23.886622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.97322, "energy": 92.86033, "activity_lines": [ 18.189334, 19.401637, 21.05981, 22.199183 ] }, { "date": "2024-01-12", "close": 17.18, "volume": 36431858, "typical_volume": 42682464.1, "trend": 23.164, "fair_value": 21.473462, "relative_strength": -22.930444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.390549, "energy": 91.325036, "activity_lines": [ 17.716667, 18.814546, 20.567857, 21.797377 ] }, { "date": "2024-01-19", "close": 16.540001, "volume": 52784109, "typical_volume": 43185101.05, "trend": 22.849, "fair_value": 21.452756, "relative_strength": -23.977558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.331142, "energy": 91.101371, "activity_lines": [ 17.238001, 18.214001, 20.053429, 21.370022 ] }, { "date": "2024-01-26", "close": 16.450001, "volume": 63167594, "typical_volume": 43488749.15, "trend": 22.578, "fair_value": 21.433782, "relative_strength": -25.935268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.724225, "energy": 87.607692, "activity_lines": [ 16.879334, 17.708001, 19.569048, 20.957183 ] }, { "date": "2024-02-02", "close": 13.82, "volume": 66458498, "typical_volume": 44253017.8, "trend": 22.247334, "fair_value": 21.402115, "relative_strength": -33.196001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.007651, "energy": 92.929974, "activity_lines": [ 15.749334, 16.832728, 18.87681, 20.392151 ] }, { "date": "2024-02-09", "close": 13.34, "volume": 89245520, "typical_volume": 46900710.65, "trend": 21.919, "fair_value": 21.386923, "relative_strength": -37.943807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.610422, "energy": 86.973073, "activity_lines": [ 14.772667, 16.019637, 18.192572, 19.817484 ] }, { "date": "2024-02-23", "close": 15.8, "volume": 117768384, "typical_volume": 51240442.45, "trend": 21.6, "fair_value": 21.389423, "relative_strength": -29.259649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.784115, "energy": 67.164574, "activity_lines": [ 14.884, 15.795637, 17.79581, 19.42271 ] }, { "date": "2024-03-01", "close": 15.46, "volume": 92385290, "typical_volume": 54635171.2, "trend": 21.226667, "fair_value": 21.389872, "relative_strength": -30.525248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.036392, "energy": 65.912168, "activity_lines": [ 14.974, 15.591455, 17.406191, 19.026581 ] }, { "date": "2024-03-08", "close": 14.64, "volume": 59239453, "typical_volume": 54841213.75, "trend": 20.812, "fair_value": 21.394615, "relative_strength": -33.889692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.301957, "energy": 64.525404, "activity_lines": [ 14.862667, 15.298727, 16.976857, 18.601635 ] }, { "date": "2024-03-15", "close": 17.9, "volume": 181002272, "typical_volume": 61887969.85, "trend": 20.480334, "fair_value": 21.429167, "relative_strength": -18.793919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.054406, "energy": 38.19269, "activity_lines": [ 15.958667, 15.660364, 16.903667, 18.413764 ] }, { "date": "2024-03-22", "close": 16.82, "volume": 112325937, "typical_volume": 65363747.65, "trend": 20.162, "fair_value": 21.451667, "relative_strength": -22.920556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.846668, "energy": 29.768004, "activity_lines": [ 16.422667, 15.836909, 16.750572, 18.177613 ] }, { "date": "2024-03-29", "close": 16.040001, "volume": 65055758, "typical_volume": 65605758.95, "trend": 19.854667, "fair_value": 21.47641, "relative_strength": -25.694364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.443077, "energy": 25.149945, "activity_lines": [ 16.394667, 15.881455, 16.554191, 17.911678 ] }, { "date": "2024-04-05", "close": 16.35, "volume": 49138626, "typical_volume": 66042635.1, "trend": 19.578, "fair_value": 21.501667, "relative_strength": -24.294583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.37954, "energy": 24.429496, "activity_lines": [ 16.454, 16.003091, 16.419715, 17.68557 ] }, { "date": "2024-04-12", "close": 14.63, "volume": 54474211, "typical_volume": 67280874.7, "trend": 19.219, "fair_value": 21.514487, "relative_strength": -30.450276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.486143, "energy": 34.93999, "activity_lines": [ 15.880667, 15.815455, 16.151381, 17.366344 ] }, { "date": "2024-04-19", "close": 14.49, "volume": 81037489, "typical_volume": 69640262.0, "trend": 18.865334, "fair_value": 21.529744, "relative_strength": -31.468846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.439393, "energy": 43.565729, "activity_lines": [ 15.261333, 15.635455, 15.906905, 17.061248 ] }, { "date": "2024-04-26", "close": 15.17, "volume": 45666228, "typical_volume": 69752215.5, "trend": 18.554, "fair_value": 21.538141, "relative_strength": -28.280344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.609696, "energy": 40.811228, "activity_lines": [ 15.096, 15.566909, 15.763143, 16.822839 ] }, { "date": "2024-05-03", "close": 15.36, "volume": 28114637, "typical_volume": 69451965.65, "trend": 18.262667, "fair_value": 21.550705, "relative_strength": -27.238453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.498649, "energy": 41.007669, "activity_lines": [ 15.104, 15.499636, 15.665905, 16.616774 ] }, { "date": "2024-05-10", "close": 15.3, "volume": 67956104, "typical_volume": 69922388.4, "trend": 17.988667, "fair_value": 21.56891, "relative_strength": -28.118032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.158822, "energy": 37.847765, "activity_lines": [ 15.137333, 15.429455, 15.586429, 16.425635 ] }, { "date": "2024-05-17", "close": 15.4, "volume": 46400859, "typical_volume": 69191392.65, "trend": 17.694334, "fair_value": 21.576218, "relative_strength": -27.118668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.921434, "energy": 30.67593, "activity_lines": [ 15.274, 15.380364, 15.533095, 16.258624 ] }, { "date": "2024-05-24", "close": 14.82, "volume": 47111818, "typical_volume": 69287809.2, "trend": 17.431, "fair_value": 21.577692, "relative_strength": -27.930877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.143166, "energy": 33.731056, "activity_lines": [ 15.166, 15.212, 15.437048, 16.073183 ] }, { "date": "2024-05-31", "close": 14.49, "volume": 27421507, "typical_volume": 69159307.6, "trend": 17.136334, "fair_value": 21.585321, "relative_strength": -29.03816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.841425, "energy": 37.747243, "activity_lines": [ 14.926, 15.039636, 15.327191, 15.883441 ] }, { "date": "2024-06-07", "close": 13.27, "volume": 43694006, "typical_volume": 69522415.0, "trend": 16.817334, "fair_value": 21.585962, "relative_strength": -33.662405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.693664, "energy": 57.673932, "activity_lines": [ 14.324667, 14.687818, 15.11481, 15.634 ] }, { "date": "2024-06-14", "close": 12.94, "volume": 32614906, "typical_volume": 68513954.85, "trend": 16.494, "fair_value": 21.577308, "relative_strength": -34.241487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.917457, "energy": 81.063953, "activity_lines": [ 13.752667, 14.326364, 14.889619, 15.38385 ] }, { "date": "2024-06-21", "close": 12.65, "volume": 48342119, "typical_volume": 67772681.1, "trend": 16.167667, "fair_value": 21.56609, "relative_strength": -34.321052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.015318, "energy": 85.455502, "activity_lines": [ 13.241333, 13.974182, 14.653952, 15.13585 ] }, { "date": "2024-06-28", "close": 11.91, "volume": 40427752, "typical_volume": 66471143.8, "trend": 15.83, "fair_value": 21.542821, "relative_strength": -36.779601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.495198, "energy": 91.475189, "activity_lines": [ 12.666667, 13.523455, 14.365905, 14.861161 ] }, { "date": "2024-07-05", "close": 12.09, "volume": 58821346, "typical_volume": 64949935.1, "trend": 15.528334, "fair_value": 21.498526, "relative_strength": -34.734752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.244643, "energy": 87.460879, "activity_lines": [ 12.346, 13.152364, 14.104095, 14.619871 ] }, { "date": "2024-07-12", "close": 12.53, "volume": 68338650, "typical_volume": 62478448.4, "trend": 15.269667, "fair_value": 21.473526, "relative_strength": -32.181833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.664915, "energy": 78.578402, "activity_lines": [ 12.332, 12.917273, 13.890143, 14.42643 ] }, { "date": "2024-07-19", "close": 12.19, "volume": 47487128, "typical_volume": 60233540.3, "trend": 15.049667, "fair_value": 21.441346, "relative_strength": -33.615505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.183207, "energy": 73.42031, "activity_lines": [ 12.254, 12.671818, 13.659381, 14.227742 ] }, { "date": "2024-07-26", "close": 11.61, "volume": 39631043, "typical_volume": 59253119.8, "trend": 14.835667, "fair_value": 21.413462, "relative_strength": -33.987287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.241164, "energy": 65.252132, "activity_lines": [ 12.032667, 12.377455, 13.388952, 14.005828 ] }, { "date": "2024-08-02", "close": 12.01, "volume": 59743855, "typical_volume": 53190198.95, "trend": 14.618667, "fair_value": 21.392436, "relative_strength": -31.119982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.744243, "energy": 57.007957, "activity_lines": [ 12.014, 12.224727, 13.171048, 13.823527 ] }, { "date": "2024-08-09", "close": 12.18, "volume": 61302553, "typical_volume": 50639029.75, "trend": 14.446, "fair_value": 21.372949, "relative_strength": -28.168822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.582753, "energy": 53.845899, "activity_lines": [ 12.045333, 12.154, 12.997381, 13.666194 ] }, { "date": "2024-08-16", "close": 11.71, "volume": 32905717, "typical_volume": 49031527.7, "trend": 14.263667, "fair_value": 21.343462, "relative_strength": -30.358613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.364331, "energy": 54.876264, "activity_lines": [ 11.914, 12.039818, 12.801048, 13.489677 ] }, { "date": "2024-08-23", "close": 10.68, "volume": 34209123, "typical_volume": 48285052.55, "trend": 14.068333, "fair_value": 21.309872, "relative_strength": -34.956893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.647617, "energy": 61.842395, "activity_lines": [ 11.494, 11.766727, 12.527238, 13.258473 ] }, { "date": "2024-08-30", "close": 10.69, "volume": 53401949, "typical_volume": 48231439.45, "trend": 13.876333, "fair_value": 21.28859, "relative_strength": -33.663096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.085739, "energy": 63.50936, "activity_lines": [ 11.178, 11.536545, 12.281381, 13.040516 ] }, { "date": "2024-09-06", "close": 10.35, "volume": 34683740, "typical_volume": 45913752.0, "trend": 13.760667, "fair_value": 21.264231, "relative_strength": -33.021166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.020174, "energy": 84.326111, "activity_lines": [ 10.81, 11.280182, 12.021905, 12.813011 ] }, { "date": "2024-09-13", "close": 10.09, "volume": 31617017, "typical_volume": 45211291.45, "trend": 13.652333, "fair_value": 21.234167, "relative_strength": -32.192275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.128684, "energy": 88.218949, "activity_lines": [ 10.466, 11.004909, 11.757381, 12.576194 ] }, { "date": "2024-09-20", "close": 10.59, "volume": 35462930, "typical_volume": 45578706.1, "trend": 13.478667, "fair_value": 21.215513, "relative_strength": -28.639702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.534839, "energy": 79.075064, "activity_lines": [ 10.428, 10.856909, 11.564667, 12.378624 ] }, { "date": "2024-09-27", "close": 13.29, "volume": 140536940, "typical_volume": 49207747.9, "trend": 13.406333, "fair_value": 21.215641, "relative_strength": -19.604185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.055464, "energy": 29.329449, "activity_lines": [ 11.364667, 11.235091, 11.65181, 12.366452 ] }, { "date": "2024-10-04", "close": 14.62, "volume": 59857537, "typical_volume": 49880581.8, "trend": 13.405667, "fair_value": 21.219038, "relative_strength": -17.172733, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 6.240697, "energy": 21.020395, "activity_lines": [ 12.570667, 11.835091, 11.87519, 12.444753 ] }, { "date": "2024-10-11", "close": 13.06, "volume": 168358805, "typical_volume": 55942931.15, "trend": 13.244333, "fair_value": 21.210449, "relative_strength": -22.290424, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -0.937769, "energy": 27.054357, "activity_lines": [ 12.994667, 12.096727, 11.953714, 12.422452 ] }, { "date": "2024-10-18", "close": 12.82, "volume": 99332229, "typical_volume": 59538467.25, "trend": 13.111, "fair_value": 21.185641, "relative_strength": -23.642595, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.959001, "energy": 36.456848, "activity_lines": [ 13.158, 12.295636, 12.017762, 12.395075 ] }, { "date": "2024-10-25", "close": 13.23, "volume": 157347899, "typical_volume": 65221161.9, "trend": 13.017333, "fair_value": 21.157179, "relative_strength": -21.04747, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.264619, "energy": 34.211681, "activity_lines": [ 13.276, 12.557455, 12.12881, 12.402753 ] }, { "date": "2024-11-01", "close": 12.86, "volume": 138559559, "typical_volume": 70518394.55, "trend": 12.901, "fair_value": 21.122372, "relative_strength": -21.476024, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.820872, "energy": 22.484475, "activity_lines": [ 13.094667, 12.724364, 12.20481, 12.392602 ] }, { "date": "2024-11-08", "close": 15.07, "volume": 369737771, "typical_volume": 86588177.15, "trend": 12.915667, "fair_value": 21.100385, "relative_strength": -11.71136, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.719743, "energy": 33.63731, "activity_lines": [ 13.678667, 13.253455, 12.491667, 12.532538 ] }, { "date": "2024-11-15", "close": 13.9, "volume": 137850785, "typical_volume": 91459328.8, "trend": 12.896, "fair_value": 21.0725, "relative_strength": -14.503946, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.14246, "energy": 30.682855, "activity_lines": [ 13.842667, 13.490182, 12.655571, 12.596043 ] }, { "date": "2024-11-22", "close": 13.49, "volume": 91878210, "typical_volume": 93112172.0, "trend": 12.84, "fair_value": 21.042692, "relative_strength": -14.326093, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.14637, "energy": 28.236195, "activity_lines": [ 13.814, 13.587818, 12.770952, 12.634366 ] }, { "date": "2024-11-29", "close": 14.26, "volume": 120975839, "typical_volume": 95744031.45, "trend": 12.803333, "fair_value": 21.018269, "relative_strength": -9.985886, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.808745, "energy": 37.835015, "activity_lines": [ 13.997333, 13.763636, 12.953, 12.725978 ] }, { "date": "2024-12-06", "close": 14.5, "volume": 110697291, "typical_volume": 98904539.6, "trend": 12.776667, "fair_value": 21.002885, "relative_strength": -9.567068, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.006538, "energy": 41.018671, "activity_lines": [ 14.192, 13.916364, 13.149667, 12.835441 ] }, { "date": "2024-12-13", "close": 14.82, "volume": 214377323, "typical_volume": 107641853.6, "trend": 12.757333, "fair_value": 20.989679, "relative_strength": -6.296488, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.74308, "energy": 41.648148, "activity_lines": [ 14.384, 14.105273, 13.36581, 12.967269 ] }, { "date": "2024-12-20", "close": 14.1, "volume": 102191446, "typical_volume": 109764233.15, "trend": 12.733333, "fair_value": 20.973333, "relative_strength": -9.396893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.317781, "energy": 36.48845, "activity_lines": [ 14.352667, 14.159636, 13.498095, 13.053892 ] }, { "date": "2024-12-27", "close": 13.42, "volume": 66068033, "typical_volume": 110002507.15, "trend": 12.697667, "fair_value": 20.953782, "relative_strength": -13.7764, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.256528, "energy": 30.528812, "activity_lines": [ 14.081333, 14.071455, 13.555667, 13.098194 ] }, { "date": "2025-01-03", "close": 12.14, "volume": 60387710, "typical_volume": 111376606.8, "trend": 12.66, "fair_value": 20.925064, "relative_strength": -16.559832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.361269, "energy": 12.472472, "activity_lines": [ 13.388, 13.739636, 13.485429, 13.062215 ] }, { "date": "2025-01-10", "close": 11.5, "volume": 51426878, "typical_volume": 112237494.55, "trend": 12.612, "fair_value": 20.881218, "relative_strength": -19.099493, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.063526, "energy": 21.288309, "activity_lines": [ 12.622667, 13.311273, 13.35219, 12.987376 ] }, { "date": "2025-01-17", "close": 11.82, "volume": 45852400, "typical_volume": 111860017.1, "trend": 12.584333, "fair_value": 20.839808, "relative_strength": -17.913795, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.985389, "energy": 33.954648, "activity_lines": [ 12.164, 12.965818, 13.245524, 12.93628 ] }, { "date": "2025-01-24", "close": 11.25, "volume": 43968159, "typical_volume": 112324238.05, "trend": 12.562333, "fair_value": 20.799359, "relative_strength": -21.320705, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.041554, "energy": 55.112129, "activity_lines": [ 11.715333, 12.575818, 13.07919, 12.850194 ] }, { "date": "2025-01-31", "close": 11.05, "volume": 9114171, "typical_volume": 111199095.75, "trend": 12.527667, "fair_value": 20.761795, "relative_strength": -21.90153, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.141254, "energy": 61.591222, "activity_lines": [ 11.39, 12.197636, 12.889524, 12.752624 ] }, { "date": "2025-02-07", "close": 11.51, "volume": 32199120, "typical_volume": 111035905.25, "trend": 12.493667, "fair_value": 20.729808, "relative_strength": -19.395111, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.249985, "energy": 59.963671, "activity_lines": [ 11.376, 11.947455, 12.739095, 12.686968 ] }, { "date": "2025-02-14", "close": 11.92, "volume": 98984993, "typical_volume": 108958307.9, "trend": 12.484667, "fair_value": 20.702628, "relative_strength": -17.195138, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.219489, "energy": 49.6095, "activity_lines": [ 11.540667, 11.821818, 12.623333, 12.649957 ] }, { "date": "2025-02-21", "close": 11.94, "volume": 83733327, "typical_volume": 110152097.4, "trend": 12.495667, "fair_value": 20.68, "relative_strength": -17.212875, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.839518, "energy": 30.372689, "activity_lines": [ 11.684, 11.746727, 12.516, 12.614817 ] }, { "date": "2025-02-28", "close": 11.88, "volume": 96769443, "typical_volume": 106572629.3, "trend": 12.491333, "fair_value": 20.671987, "relative_strength": -15.603109, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.11388, "energy": 19.358586, "activity_lines": [ 11.799333, 11.713091, 12.415714, 12.575097 ] }, { "date": "2025-03-07", "close": 11.6, "volume": 62223243, "typical_volume": 104717180.0, "trend": 12.472, "fair_value": 20.657372, "relative_strength": -18.34799, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.708029, "energy": 17.852327, "activity_lines": [ 11.779333, 11.668909, 12.294381, 12.517591 ] }, { "date": "2025-03-14", "close": 11.93, "volume": 69004286, "typical_volume": 100299999.35, "trend": 12.479333, "fair_value": 20.611667, "relative_strength": -16.273369, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.659326, "energy": 15.61744, "activity_lines": [ 11.832667, 11.717818, 12.210286, 12.482624 ] }, { "date": "2025-03-21", "close": 11.51, "volume": 53674049, "typical_volume": 96055723.85, "trend": 12.507, "fair_value": 20.546026, "relative_strength": -17.104567, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.592588, "energy": 30.206446, "activity_lines": [ 11.718, 11.694182, 12.092381, 12.420086 ] }, { "date": "2025-03-28", "close": 11.26, "volume": 32985615, "typical_volume": 79218116.05, "trend": 12.526, "fair_value": 20.469103, "relative_strength": -17.844851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.91757, "energy": 46.732906, "activity_lines": [ 11.547333, 11.624909, 11.957095, 12.339634 ] }, { "date": "2025-04-04", "close": 11.25, "volume": 19103232, "typical_volume": 73280738.4, "trend": 12.556, "fair_value": 20.341667, "relative_strength": -16.923478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.425271, "energy": 58.690637, "activity_lines": [ 11.418667, 11.564, 11.839, 12.257312 ] }, { "date": "2025-04-11", "close": 10.42, "volume": 60633902, "typical_volume": 71718523.0, "trend": 12.567, "fair_value": 20.209423, "relative_strength": -19.968477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.212551, "energy": 76.07682, "activity_lines": [ 11.055333, 11.352182, 11.654476, 12.119505 ] }, { "date": "2025-04-18", "close": 10.26, "volume": 30537314, "typical_volume": 67196596.75, "trend": 12.556, "fair_value": 20.119103, "relative_strength": -21.524279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.040349, "energy": 84.09531, "activity_lines": [ 10.717333, 11.122727, 11.469333, 11.970667 ] }, { "date": "2025-04-25", "close": 10.12, "volume": 30283830, "typical_volume": 63175923.7, "trend": 12.450333, "fair_value": 20.026923, "relative_strength": -22.336841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.521498, "energy": 88.566241, "activity_lines": [ 10.444, 10.890545, 11.289905, 11.813505 ] }, { "date": "2025-05-02", "close": 9.87, "volume": 26090272, "typical_volume": 53761571.15, "trend": 12.292, "fair_value": 19.92859, "relative_strength": -23.161317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.312382, "energy": 89.787031, "activity_lines": [ 10.18, 10.645636, 11.107524, 11.647032 ] }, { "date": "2025-05-09", "close": 10.13, "volume": 28380203, "typical_volume": 50071009.0, "trend": 12.194333, "fair_value": 19.820064, "relative_strength": -21.925897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.796151, "energy": 83.015917, "activity_lines": [ 10.095333, 10.485636, 10.973476, 11.507548 ] }, { "date": "2025-05-16", "close": 10.04, "volume": 29946573, "typical_volume": 48264936.0, "trend": 12.101667, "fair_value": 19.721218, "relative_strength": -22.474581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.354542, "energy": 79.290091, "activity_lines": [ 10.055333, 10.341091, 10.849762, 11.368559 ] }, { "date": "2025-05-23", "close": 10.15, "volume": 54077837, "typical_volume": 47949442.35, "trend": 11.999, "fair_value": 19.619744, "relative_strength": -20.475887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.575671, "energy": 61.433253, "activity_lines": [ 10.077333, 10.244909, 10.752619, 11.242645 ] }, { "date": "2025-05-30", "close": 10.13, "volume": 75150518, "typical_volume": 49135624.35, "trend": 11.908, "fair_value": 19.5225, "relative_strength": -19.937866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.204686, "energy": 54.17886, "activity_lines": [ 10.1, 10.177455, 10.663048, 11.122065 ] }, { "date": "2025-06-06", "close": 10.15, "volume": 25062761, "typical_volume": 48096142.4, "trend": 11.744, "fair_value": 19.420449, "relative_strength": -20.128267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.623648, "energy": 49.669435, "activity_lines": [ 10.128667, 10.138727, 10.581905, 11.008645 ] }, { "date": "2025-06-13", "close": 10.02, "volume": 45013863, "typical_volume": 48148427.6, "trend": 11.614667, "fair_value": 19.301603, "relative_strength": -20.426145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.246616, "energy": 48.424644, "activity_lines": [ 10.095333, 10.096545, 10.496333, 10.897419 ] }, { "date": "2025-06-20", "close": 11.0, "volume": 138137350, "typical_volume": 54599586.55, "trend": 11.531667, "fair_value": 19.192628, "relative_strength": -11.768662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.592216, "energy": 24.686001, "activity_lines": [ 10.396, 10.254909, 10.509952, 10.857763 ] }, { "date": "2025-06-27", "close": 10.54, "volume": 129786063, "typical_volume": 59478933.7, "trend": 11.407667, "fair_value": 19.086026, "relative_strength": -16.64248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.526515, "energy": 18.80733, "activity_lines": [ 10.479333, 10.319091, 10.48, 10.793785 ] }, { "date": "2025-07-04", "close": 10.54, "volume": 102461519, "typical_volume": 59652760.0, "trend": 11.275667, "fair_value": 18.979872, "relative_strength": -17.339398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.490972, "energy": 18.478886, "activity_lines": [ 10.536667, 10.378182, 10.454667, 10.737806 ] }, { "date": "2025-07-11", "close": 11.04, "volume": 97002552, "typical_volume": 60316221.25, "trend": 11.149667, "fair_value": 18.8825, "relative_strength": -13.868436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.559978, "energy": 15.245413, "activity_lines": [ 10.733333, 10.520545, 10.483524, 10.722602 ] }, { "date": "2025-07-18", "close": 10.56, "volume": 84244322, "typical_volume": 59689965.2, "trend": 11.031667, "fair_value": 18.763526, "relative_strength": -17.703206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.536952, "energy": 13.090373, "activity_lines": [ 10.710667, 10.554364, 10.470952, 10.684559 ] }, { "date": "2025-07-25", "close": 10.78, "volume": 96750263, "typical_volume": 61416316.2, "trend": 10.943667, "fair_value": 18.652115, "relative_strength": -16.924752, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.489314, "energy": 10.994636, "activity_lines": [ 10.725333, 10.620364, 10.485619, 10.668323 ] }, { "date": "2025-08-01", "close": 10.43, "volume": 59248298, "typical_volume": 60928516.8, "trend": 10.886667, "fair_value": 18.544359, "relative_strength": -18.337414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.719956, "energy": 10.693495, "activity_lines": [ 10.638, 10.609273, 10.470857, 10.635183 ] }, { "date": "2025-08-08", "close": 10.39, "volume": 33539389, "typical_volume": 59921783.8, "trend": 10.849667, "fair_value": 18.438013, "relative_strength": -19.731766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.509495, "energy": 16.345514, "activity_lines": [ 10.544667, 10.585818, 10.459429, 10.60314 ] }, { "date": "2025-08-15", "close": 10.47, "volume": 60893909, "typical_volume": 61317198.5, "trend": 10.804667, "fair_value": 18.337821, "relative_strength": -19.928614, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.685194, "energy": 16.029427, "activity_lines": [ 10.488, 10.572182, 10.460952, 10.578645 ] }, { "date": "2025-08-22", "close": 11.15, "volume": 189119805, "typical_volume": 69818027.15, "trend": 10.801333, "fair_value": 18.247051, "relative_strength": -17.230941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.383698, "energy": 2.884804, "activity_lines": [ 10.696, 10.676364, 10.531, 10.600925 ] }, { "date": "2025-08-29", "close": 11.12, "volume": 149164751, "typical_volume": 74244569.6, "trend": 10.803667, "fair_value": 18.153526, "relative_strength": -17.74716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.824483, "energy": 20.63709, "activity_lines": [ 10.854667, 10.754545, 10.598667, 10.621484 ] }, { "date": "2025-09-05", "close": 11.1, "volume": 97367302, "typical_volume": 77586069.0, "trend": 10.79, "fair_value": 18.053782, "relative_strength": -16.53663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.404914, "energy": 33.118871, "activity_lines": [ 10.984, 10.826909, 10.661095, 10.640602 ] }, { "date": "2025-09-12", "close": 11.06, "volume": 69645384, "typical_volume": 79554146.7, "trend": 10.761333, "fair_value": 17.948974, "relative_strength": -17.688801, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.906997, "energy": 39.941988, "activity_lines": [ 11.055333, 10.881818, 10.715714, 10.658022 ] }, { "date": "2025-09-19", "close": 10.79, "volume": 56842705, "typical_volume": 81091768.35, "trend": 10.723, "fair_value": 17.843782, "relative_strength": -18.162755, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.115842, "energy": 33.33397, "activity_lines": [ 10.992, 10.878182, 10.740143, 10.659871 ] }, { "date": "2025-09-26", "close": 10.65, "volume": 39955375, "typical_volume": 81670526.95, "trend": 10.682, "fair_value": 17.749231, "relative_strength": -18.704171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.026368, "energy": 13.239104, "activity_lines": [ 10.860667, 10.853636, 10.746857, 10.655161 ] }, { "date": "2025-10-03", "close": 10.49, "volume": 17007324, "typical_volume": 81023564.5, "trend": 10.645, "fair_value": 17.656667, "relative_strength": -20.300498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.373396, "energy": 6.84119, "activity_lines": [ 10.709333, 10.798364, 10.735857, 10.642774 ] }, { "date": "2025-10-10", "close": 10.38, "volume": 16775357, "typical_volume": 79158440.5, "trend": 10.593333, "fair_value": 17.573141, "relative_strength": -20.797752, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.685936, "energy": 13.954556, "activity_lines": [ 10.563333, 10.728364, 10.712238, 10.625677 ] }, { "date": "2025-10-17", "close": 10.2, "volume": 41324949, "typical_volume": 77467162.05, "trend": 10.549667, "fair_value": 17.487436, "relative_strength": -20.430545, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.711789, "energy": 25.804887, "activity_lines": [ 10.405333, 10.626545, 10.670381, 10.600301 ] }, { "date": "2025-10-24", "close": 10.31, "volume": 28061215, "typical_volume": 77617084.75, "trend": 10.518, "fair_value": 17.406731, "relative_strength": -21.188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.629692, "energy": 36.713006, "activity_lines": [ 10.341333, 10.548182, 10.638667, 10.584839 ] }, { "date": "2025-10-31", "close": 10.39, "volume": 43650250, "typical_volume": 77548904.1, "trend": 10.489333, "fair_value": 17.330321, "relative_strength": -20.061474, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.17908, "energy": 36.301028, "activity_lines": [ 10.336, 10.487273, 10.61381, 10.576581 ] }, { "date": "2025-11-07", "close": 10.26, "volume": 41411806, "typical_volume": 72712626.9, "trend": 10.484, "fair_value": 17.260385, "relative_strength": -21.075502, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.438671, "energy": 33.675933, "activity_lines": [ 10.304667, 10.416545, 10.57481, 10.561785 ] }, { "date": "2025-11-14", "close": 10.54, "volume": 77994296, "typical_volume": 70123038.55, "trend": 10.493333, "fair_value": 17.195769, "relative_strength": -18.035524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.795341, "energy": 13.714307, "activity_lines": [ 10.382, 10.412364, 10.566, 10.565398 ] }, { "date": "2025-11-21", "close": 9.99, "volume": 52200154, "typical_volume": 67609970.3, "trend": 10.489, "fair_value": 17.107436, "relative_strength": -18.418521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.686498, "energy": 26.978958, "activity_lines": [ 10.265333, 10.318364, 10.50481, 10.532925 ] }, { "date": "2025-11-28", "close": 10.06, "volume": 32367893, "typical_volume": 64378237.35, "trend": 10.495333, "fair_value": 17.019103, "relative_strength": -18.143521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.740748, "energy": 39.806129, "activity_lines": [ 10.186, 10.256545, 10.452905, 10.505247 ] }, { "date": "2025-12-05", "close": 9.8, "volume": 32462169, "typical_volume": 61789129.7, "trend": 10.484333, "fair_value": 16.920705, "relative_strength": -19.695049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.318824, "energy": 66.415206, "activity_lines": [ 10.036667, 10.160727, 10.380905, 10.460387 ] }, { "date": "2025-12-12", "close": 9.73, "volume": 33430876, "typical_volume": 58623160.35, "trend": 10.474, "fair_value": 16.815385, "relative_strength": -19.063052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.445531, "energy": 76.366987, "activity_lines": [ 9.903333, 10.067636, 10.305857, 10.41172 ] }, { "date": "2025-12-19", "close": 9.94, "volume": 55925916, "typical_volume": 58457041.25, "trend": 10.467, "fair_value": 16.705321, "relative_strength": -16.492024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.770254, "energy": 69.707661, "activity_lines": [ 9.875333, 10.026545, 10.25581, 10.377269 ] }, { "date": "2025-12-26", "close": 9.83, "volume": 35171941, "typical_volume": 58538668.85, "trend": 10.457, "fair_value": 16.590513, "relative_strength": -18.187625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.31591, "energy": 67.874973, "activity_lines": [ 9.850667, 9.973455, 10.197619, 10.336172 ] }, { "date": "2026-01-02", "close": 9.68, "volume": 15576376, "typical_volume": 56272792.2, "trend": 10.441333, "fair_value": 16.47641, "relative_strength": -18.850311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.44656, "energy": 62.559428, "activity_lines": [ 9.786667, 9.899818, 10.12781, 10.286043 ] }, { "date": "2026-01-09", "close": 9.77, "volume": 38130249, "typical_volume": 48723314.4, "trend": 10.433, "fair_value": 16.367115, "relative_strength": -20.468646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.559908, "energy": 46.650913, "activity_lines": [ 9.778, 9.854, 10.070333, 10.242731 ] }, { "date": "2026-01-16", "close": 9.56, "volume": 55734125, "typical_volume": 44051783.1, "trend": 10.385, "fair_value": 16.257115, "relative_strength": -21.1579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.654834, "energy": 54.241176, "activity_lines": [ 9.701333, 9.781273, 9.999429, 10.186409 ] }, { "date": "2026-01-23", "close": 9.45, "volume": 38370533, "typical_volume": 41101944.65, "trend": 10.348667, "fair_value": 16.14359, "relative_strength": -22.115595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.244393, "energy": 63.064664, "activity_lines": [ 9.599333, 9.701273, 9.925476, 10.126086 ] }, { "date": "2026-01-30", "close": 10.44, "volume": 189151338, "typical_volume": 47077242.35, "trend": 10.345333, "fair_value": 16.041603, "relative_strength": -13.083287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.46451, "energy": 20.552775, "activity_lines": [ 9.86, 9.821091, 9.953667, 10.131978 ] }, { "date": "2026-02-06", "close": 9.93, "volume": 266340796, "typical_volume": 57552146.9, "trend": 10.308333, "fair_value": 15.940064, "relative_strength": -15.685427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.385021, "energy": 18.803372, "activity_lines": [ 9.91, 9.84, 9.936238, 10.105183 ] }, { "date": "2026-02-13", "close": 9.54, "volume": 97675399, "typical_volume": 60438148.1, "trend": 10.274333, "fair_value": 15.820577, "relative_strength": -18.662837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.489749, "energy": 21.767791, "activity_lines": [ 9.813333, 9.790364, 9.885762, 10.055613 ] }, { "date": "2026-02-27", "close": 9.39, "volume": 47527281, "typical_volume": 61964145.95, "trend": 10.228, "fair_value": 15.697115, "relative_strength": -20.818585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.055149, "energy": 27.340946, "activity_lines": [ 9.682, 9.718182, 9.826286, 9.998559 ] }, { "date": "2026-03-06", "close": 8.81, "volume": 82653709, "typical_volume": 65258063.55, "trend": 10.174, "fair_value": 15.560321, "relative_strength": -24.275854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.755783, "energy": 57.681045, "activity_lines": [ 9.368667, 9.546727, 9.71681, 9.907075 ] }, { "date": "2026-03-13", "close": 8.95, "volume": 61090046, "typical_volume": 66246318.4, "trend": 10.126, "fair_value": 15.428526, "relative_strength": -21.864524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.533222, "energy": 68.910087, "activity_lines": [ 9.144667, 9.421273, 9.628143, 9.828108 ] }, { "date": "2026-03-20", "close": 8.37, "volume": 66897639, "typical_volume": 68188139.6, "trend": 10.056, "fair_value": 15.297308, "relative_strength": -23.651364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.31501, "energy": 79.106812, "activity_lines": [ 8.826667, 9.206364, 9.49019, 9.714817 ] }, { "date": "2026-03-27", "close": 8.11, "volume": 41963208, "typical_volume": 68103787.5, "trend": 9.954667, "fair_value": 15.173782, "relative_strength": -24.497279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.151982, "energy": 84.097476, "activity_lines": [ 8.526, 8.968, 9.336714, 9.589269 ] }, { "date": "2026-04-03", "close": 7.93, "volume": 53394193, "typical_volume": 68702906.85, "trend": 9.848333, "fair_value": 15.048462, "relative_strength": -24.840097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.437555, "energy": 83.664362, "activity_lines": [ 8.260667, 8.727091, 9.176952, 9.458645 ] }, { "date": "2026-04-10", "close": 8.05, "volume": 23759636, "typical_volume": 65991173.85, "trend": 9.746667, "fair_value": 14.92141, "relative_strength": -25.019903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.271658, "energy": 79.513655, "activity_lines": [ 8.132667, 8.537636, 9.039714, 9.342624 ] }, { "date": "2026-04-17", "close": 8.06, "volume": 32013067, "typical_volume": 64981819.5, "trend": 9.646667, "fair_value": 14.795192, "relative_strength": -25.481325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.510937, "energy": 71.026769, "activity_lines": [ 8.058667, 8.375455, 8.915286, 9.233806 ] }, { "date": "2026-04-24", "close": 8.07, "volume": 48743618, "typical_volume": 65800605.75, "trend": 9.556, "fair_value": 14.669872, "relative_strength": -25.288997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.853413, "energy": 54.073984, "activity_lines": [ 8.047333, 8.258364, 8.801, 9.132086 ] }, { "date": "2026-05-01", "close": 7.94, "volume": 26278617, "typical_volume": 65491428.15, "trend": 9.465667, "fair_value": 14.560513, "relative_strength": -26.460003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.062885, "energy": 51.321738, "activity_lines": [ 8.012667, 8.151455, 8.68381, 9.027828 ] }, { "date": "2026-05-08", "close": 7.99, "volume": 23146764, "typical_volume": 64977222.55, "trend": 9.382333, "fair_value": 14.452949, "relative_strength": -26.606623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.920426, "energy": 53.095646, "activity_lines": [ 8.006, 8.082727, 8.580238, 8.932624 ] }, { "date": "2026-05-15", "close": 7.98, "volume": 78803574, "typical_volume": 66121105.45, "trend": 9.302333, "fair_value": 14.343462, "relative_strength": -25.301057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.483349, "energy": 52.463377, "activity_lines": [ 7.992, 8.037636, 8.484, 8.842151 ] }, { "date": "2026-05-22", "close": 8.22, "volume": 91351220, "typical_volume": 68930069.4, "trend": 9.236333, "fair_value": 14.238526, "relative_strength": -22.063464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.454474, "energy": 42.656452, "activity_lines": [ 8.062667, 8.051273, 8.419952, 8.772323 ] }, { "date": "2026-05-29", "close": 8.55, "volume": 220973785, "typical_volume": 79199939.85, "trend": 9.177667, "fair_value": 14.146731, "relative_strength": -17.475914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.969435, "energy": 28.954987, "activity_lines": [ 8.232667, 8.138182, 8.395, 8.728043 ] }, { "date": "2026-06-05", "close": 7.35, "volume": 15919240, "typical_volume": 78089389.4, "trend": 9.076333, "fair_value": 14.048782, "relative_strength": -27.682973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.083288, "energy": 44.689096, "activity_lines": [ 7.970667, 8.003636, 8.261143, 8.610129 ] }, { "date": "2026-06-12", "close": 6.8, "volume": 13824177, "typical_volume": 75993892.0, "trend": 8.961, "fair_value": 13.939423, "relative_strength": -32.482299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.300373, "energy": 57.16284, "activity_lines": [ 7.564667, 7.782909, 8.086429, 8.463269 ] }, { "date": "2026-06-19", "close": 6.72, "volume": 54572537, "typical_volume": 76803992.2, "trend": 8.833667, "fair_value": 13.821923, "relative_strength": -33.561205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.644206, "energy": 80.33425, "activity_lines": [ 7.211333, 7.568182, 7.917238, 8.318688 ] }, { "date": "2026-06-26", "close": 6.25, "volume": 15225020, "typical_volume": 68107676.3, "trend": 8.709, "fair_value": 13.704936, "relative_strength": -36.386081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.929757, "energy": 93.303285, "activity_lines": [ 6.785333, 7.292182, 7.716286, 8.152 ] }, { "date": "2026-07-03", "close": 6.6, "volume": 23307519, "typical_volume": 55956012.45, "trend": 8.593667, "fair_value": 13.580641, "relative_strength": -32.324456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.970649, "energy": 87.494215, "activity_lines": [ 6.607333, 7.112727, 7.568619, 8.015935 ] }, { "date": "2026-07-10", "close": 6.46, "volume": 87825167, "typical_volume": 55463500.85, "trend": 8.482333, "fair_value": 13.464487, "relative_strength": -32.205958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.427117, "energy": 85.404716, "activity_lines": [ 6.512667, 6.934545, 7.423476, 7.87828 ] }, { "date": "2026-07-17", "close": 7.01, "volume": 155993637, "typical_volume": 60886818.65, "trend": 8.391667, "fair_value": 13.357244, "relative_strength": -21.083245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.476624, "energy": 55.955907, "activity_lines": [ 6.660667, 6.883273, 7.345381, 7.78329 ] }, { "date": "2026-07-24", "close": 6.69, "volume": 159206526, "typical_volume": 64714459.5, "trend": 8.283333, "fair_value": 13.251474, "relative_strength": -24.918998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.303439, "energy": 47.614718, "activity_lines": [ 6.688, 6.791636, 7.248143, 7.673505 ] }, { "date": "2026-07-31", "close": 7.85, "volume": 272366421, "typical_volume": 75278278.25, "trend": 8.217333, "fair_value": 13.139167, "relative_strength": -11.623633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.627243, "energy": 22.558341, "activity_lines": [ 7.104, 6.934364, 7.271476, 7.645548 ] }, { "date": "2026-08-07", "close": 8.06, "volume": 233227011, "typical_volume": 83594746.85, "trend": 8.163333, "fair_value": 13.019936, "relative_strength": -11.089303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.200006, "energy": 17.525113, "activity_lines": [ 7.483333, 7.122, 7.320048, 7.635398 ] } ], "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." } } }