{ "ticker": { "uuid": "a6020b0e-5cd9-4792-b00d-59e8db41d01c", "symbol": "000920", "name": "Vontron Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 90.604, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -32.756, "architecture_energy": 28.063, "architecture_maturity": 21.649, "architecture_confidence": 63.657, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.72, "rotation_up": 7.73, "upward_expansion": 16.82, "deceleration": 67.02, "rotation_down": 60.77, "downward_expansion": 61.48 }, "activity_lines": [ 11.765333, 12.540502, 12.512201, 12.482352 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 11.6, "trend_reference": 12.550604, "distance_from_trend": -0.075742, "trend_direction": "Improving", "fair_value": 9.962167, "distance_from_fair_value": 0.164405, "fair_value_direction": "Weakening", "relative_strength": -10.382589, "relative_strength_direction": "Improving", "price_momentum": -0.132386, "excess_performance": -0.139786, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.075742, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.009553, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.164405, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051223, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.103826, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.094491, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.132386, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.255479, "read": "Demand-led" } ], "volume": { "latest": 52301393, "relative_activity": 0.870219, "balance": 1.255479, "dry_up": 2.028031, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.146756, "annualized_volatility": 0.549701, "from_high_reference": -0.246264, "from_low_reference": 0.111111 }, "levels": { "trend_reference": 12.550604, "fair_value_reference": 9.962167, "structural_low": 10.44, "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": 18, "median_return": -0.001603, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.00964, "regime_survival": 0.388889, "best_return": 0.201788, "worst_return": -0.164596, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.019198, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.020059, "regime_survival": 0.2, "best_return": 0.246288, "worst_return": -0.167707, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.033654, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.047647, "regime_survival": 0.166667, "best_return": 0.250833, "worst_return": -0.138276, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.005621, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.10345, "regime_survival": 0.0, "best_return": 0.144101, "worst_return": -0.094962, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-09-27", "tenure": "Established", "return": 0.076495, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": -0.020339, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.076159, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-28", "tenure": "Developing", "return": 0.125616, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.048544, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.017982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-12-05", "tenure": "Established", "return": 0.180335, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.126667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.062827, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.055895, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-06-12", "tenure": "Developing", "return": 0.216644, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": -0.0493, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.13209, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.0831, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.376051, "volume": 19934949, "typical_volume": 27209651.55, "trend": 9.012743, "fair_value": 8.194582, "relative_strength": 9.025683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.914254, "energy": 45.833698, "activity_lines": [ 9.472019, 9.378161, 9.122426, 9.059215 ] }, { "date": "2023-08-04", "close": 9.241696, "volume": 19246014, "typical_volume": 26127782.65, "trend": 9.033516, "fair_value": 8.205224, "relative_strength": 5.803488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.485704, "energy": 24.710792, "activity_lines": [ 9.372852, 9.376531, 9.150002, 9.073986 ] }, { "date": "2023-08-11", "close": 9.020969, "volume": 13757902, "typical_volume": 25851592.3, "trend": 9.031744, "fair_value": 8.218491, "relative_strength": 6.988955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.342123, "energy": 17.312841, "activity_lines": [ 9.231459, 9.33155, 9.154357, 9.073177 ] }, { "date": "2023-08-18", "close": 9.097743, "volume": 14411403, "typical_volume": 25769339.45, "trend": 9.046769, "fair_value": 8.231358, "relative_strength": 10.933514, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.511558, "energy": 18.295263, "activity_lines": [ 9.160443, 9.296489, 9.165237, 9.077435 ] }, { "date": "2023-08-25", "close": 9.31847, "volume": 104047969, "typical_volume": 30231179.65, "trend": 9.046371, "fair_value": 8.246889, "relative_strength": 16.679795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.836569, "energy": 17.510276, "activity_lines": [ 9.193711, 9.290604, 9.195716, 9.094964 ] }, { "date": "2023-09-01", "close": 8.953792, "volume": 84571078, "typical_volume": 33262418.9, "trend": 9.030337, "fair_value": 8.260438, "relative_strength": 8.159442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.434273, "energy": 13.238637, "activity_lines": [ 9.10798, 9.215697, 9.188492, 9.088991 ] }, { "date": "2023-09-08", "close": 8.656293, "volume": 30616947, "typical_volume": 33581211.15, "trend": 8.999007, "fair_value": 8.273149, "relative_strength": 6.066879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.400599, "energy": 17.029512, "activity_lines": [ 8.951233, 9.092684, 9.151654, 9.064859 ] }, { "date": "2023-09-15", "close": 8.685081, "volume": 16838546, "typical_volume": 33427971.75, "trend": 8.983191, "fair_value": 8.287471, "relative_strength": 7.442792, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.646751, "energy": 25.220882, "activity_lines": [ 8.843109, 8.994098, 9.114938, 9.044606 ] }, { "date": "2023-09-22", "close": 8.675487, "volume": 13351884, "typical_volume": 33697460.35, "trend": 8.970536, "fair_value": 8.2968, "relative_strength": 6.631758, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.938859, "energy": 38.499468, "activity_lines": [ 8.754179, 8.91209, 9.076268, 9.024754 ] }, { "date": "2023-09-29", "close": 8.617904, "volume": 10685066, "typical_volume": 32773678.15, "trend": 8.951848, "fair_value": 8.30273, "relative_strength": 6.185354, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.954623, "energy": 48.562815, "activity_lines": [ 8.674206, 8.835664, 9.031074, 9.002004 ] }, { "date": "2023-10-13", "close": 8.339599, "volume": 19290819, "typical_volume": 32714904.7, "trend": 8.921669, "fair_value": 8.306579, "relative_strength": 2.806658, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.804343, "energy": 56.991827, "activity_lines": [ 8.548168, 8.722074, 8.95992, 8.962504 ] }, { "date": "2023-10-20", "close": 8.128469, "volume": 15751918, "typical_volume": 32358714.7, "trend": 8.899955, "fair_value": 8.311689, "relative_strength": 5.226, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.824293, "energy": 61.898635, "activity_lines": [ 8.392701, 8.58894, 8.871614, 8.91133 ] }, { "date": "2023-10-27", "close": 8.550727, "volume": 23138622, "typical_volume": 32656577.5, "trend": 8.889786, "fair_value": 8.31808, "relative_strength": 8.112426, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.738762, "energy": 57.848968, "activity_lines": [ 8.413174, 8.552821, 8.827981, 8.888799 ] }, { "date": "2023-11-03", "close": 8.646695, "volume": 19560196, "typical_volume": 32781449.2, "trend": 8.884713, "fair_value": 8.324016, "relative_strength": 8.070883, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.713136, "energy": 43.534199, "activity_lines": [ 8.474593, 8.542701, 8.79467, 8.873115 ] }, { "date": "2023-11-10", "close": 8.838631, "volume": 31258373, "typical_volume": 30821843.7, "trend": 8.889519, "fair_value": 8.333856, "relative_strength": 8.6491, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.844646, "energy": 26.056207, "activity_lines": [ 8.60191, 8.575679, 8.778916, 8.870142 ] }, { "date": "2023-11-17", "close": 9.203307, "volume": 78237422, "typical_volume": 32831026.7, "trend": 8.906797, "fair_value": 8.345975, "relative_strength": 12.748893, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.008317, "energy": 14.822504, "activity_lines": [ 8.836071, 8.683686, 8.799467, 8.890387 ] }, { "date": "2023-11-24", "close": 9.145728, "volume": 22532800, "typical_volume": 31164920.95, "trend": 8.941456, "fair_value": 8.35303, "relative_strength": 13.587592, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.419314, "energy": 16.534449, "activity_lines": [ 8.993459, 8.776688, 8.814913, 8.905802 ] }, { "date": "2023-12-01", "close": 9.251292, "volume": 22567901, "typical_volume": 30401313.15, "trend": 8.96761, "fair_value": 8.358862, "relative_strength": 15.92526, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.464739, "energy": 28.30837, "activity_lines": [ 9.118217, 8.879984, 8.843109, 8.925791 ] }, { "date": "2023-12-08", "close": 9.059356, "volume": 20027366, "typical_volume": 30162246.45, "trend": 8.987683, "fair_value": 8.361086, "relative_strength": 15.15201, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.665562, "energy": 30.474719, "activity_lines": [ 9.132292, 8.938088, 8.855128, 8.93171 ] }, { "date": "2023-12-15", "close": 9.376051, "volume": 21651000, "typical_volume": 30073908.75, "trend": 9.009137, "fair_value": 8.363439, "relative_strength": 20.791138, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.023763, "energy": 45.7208, "activity_lines": [ 9.224421, 9.046793, 8.899684, 8.956766 ] }, { "date": "2023-12-22", "close": 9.280083, "volume": 19208800, "typical_volume": 30037601.3, "trend": 9.019799, "fair_value": 8.366603, "relative_strength": 21.166402, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.154901, "energy": 39.559695, "activity_lines": [ 9.248733, 9.124266, 8.93501, 8.974247 ] }, { "date": "2023-12-29", "close": 9.529598, "volume": 31166679, "typical_volume": 30633634.55, "trend": 9.035298, "fair_value": 8.379269, "relative_strength": 19.971796, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.145379, "energy": 40.284227, "activity_lines": [ 9.351099, 9.230005, 8.994555, 9.007137 ] }, { "date": "2024-01-05", "close": 9.539196, "volume": 25989518, "typical_volume": 31245215.35, "trend": 9.059976, "fair_value": 8.394253, "relative_strength": 24.730639, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.97811, "energy": 44.559044, "activity_lines": [ 9.431072, 9.312014, 9.053644, 9.039646 ] }, { "date": "2024-01-12", "close": 9.40484, "volume": 25886723, "typical_volume": 31818981.35, "trend": 9.090299, "fair_value": 8.410575, "relative_strength": 23.86971, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.532348, "energy": 33.695669, "activity_lines": [ 9.447066, 9.351622, 9.097469, 9.061896 ] }, { "date": "2024-01-19", "close": 8.733066, "volume": 24265375, "typical_volume": 27829851.65, "trend": 9.075767, "fair_value": 8.424373, "relative_strength": 17.238234, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -1.571676, "energy": 9.044805, "activity_lines": [ 9.216104, 9.255305, 9.075854, 9.038848 ] }, { "date": "2024-01-26", "close": 8.877018, "volume": 32262585, "typical_volume": 25214427.0, "trend": 9.062236, "fair_value": 8.438202, "relative_strength": 18.784881, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.206116, "energy": 7.452366, "activity_lines": [ 9.075991, 9.187081, 9.070736, 9.026026 ] }, { "date": "2024-02-02", "close": 7.32234, "volume": 31364102, "typical_volume": 25251784.75, "trend": 8.982582, "fair_value": 8.44361, "relative_strength": 6.263407, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.738868, "energy": 47.424107, "activity_lines": [ 8.444523, 8.84212, 8.917918, 8.913775 ] }, { "date": "2024-02-09", "close": 7.092017, "volume": 51216439, "typical_volume": 26970679.4, "trend": 8.895892, "fair_value": 8.442848, "relative_strength": -6.048376, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.837272, "energy": 76.270672, "activity_lines": [ 7.883431, 8.488436, 8.749518, 8.791803 ] }, { "date": "2024-02-23", "close": 7.677421, "volume": 33959939, "typical_volume": 28001082.15, "trend": 8.833193, "fair_value": 8.446909, "relative_strength": -1.184128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.890832, "energy": 79.024536, "activity_lines": [ 7.68062, 8.280447, 8.644456, 8.713192 ] }, { "date": "2024-03-01", "close": 8.032501, "volume": 37439066, "typical_volume": 29338782.15, "trend": 8.789047, "fair_value": 8.45681, "relative_strength": -0.77214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.155641, "energy": 76.317215, "activity_lines": [ 7.711329, 8.162145, 8.577964, 8.661534 ] }, { "date": "2024-03-08", "close": 7.859759, "volume": 27147550, "typical_volume": 29731618.7, "trend": 8.738504, "fair_value": 8.473446, "relative_strength": -2.379907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.886785, "energy": 66.478071, "activity_lines": [ 7.731162, 8.036863, 8.497808, 8.60158 ] }, { "date": "2024-03-15", "close": 8.138066, "volume": 21005508, "typical_volume": 29994298.2, "trend": 8.701717, "fair_value": 8.490025, "relative_strength": -1.644557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.500145, "energy": 37.493516, "activity_lines": [ 7.911582, 7.988007, 8.446442, 8.562842 ] }, { "date": "2024-03-22", "close": 8.377986, "volume": 20075544, "typical_volume": 29841144.3, "trend": 8.680284, "fair_value": 8.505586, "relative_strength": 1.600477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.917849, "energy": 23.190013, "activity_lines": [ 8.117593, 8.008073, 8.417881, 8.541956 ] }, { "date": "2024-03-29", "close": 7.94613, "volume": 27407069, "typical_volume": 30233487.95, "trend": 8.641897, "fair_value": 8.517191, "relative_strength": -2.094134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.932455, "energy": 22.486631, "activity_lines": [ 8.093921, 7.970733, 8.349012, 8.494591 ] }, { "date": "2024-04-05", "close": 8.39718, "volume": 23006291, "typical_volume": 29820883.85, "trend": 8.611187, "fair_value": 8.5305, "relative_strength": 1.634825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.824813, "energy": 18.953711, "activity_lines": [ 8.202685, 8.041924, 8.326437, 8.478803 ] }, { "date": "2024-04-12", "close": 8.080484, "volume": 24297245, "typical_volume": 27123875.0, "trend": 8.582077, "fair_value": 8.543085, "relative_strength": 0.875663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.560715, "energy": 16.841972, "activity_lines": [ 8.181571, 8.061641, 8.275803, 8.444564 ] }, { "date": "2024-04-19", "close": 8.070889, "volume": 31330188, "typical_volume": 27563744.4, "trend": 8.562563, "fair_value": 8.554123, "relative_strength": -0.117398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.106828, "energy": 18.45485, "activity_lines": [ 8.142544, 8.094095, 8.229601, 8.411584 ] }, { "date": "2024-04-26", "close": 8.128469, "volume": 22774192, "typical_volume": 27574058.95, "trend": 8.54401, "fair_value": 8.566838, "relative_strength": -1.632343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.112351, "energy": 16.010744, "activity_lines": [ 8.12719, 8.123409, 8.194001, 8.383578 ] }, { "date": "2024-05-03", "close": 8.272421, "volume": 8229546, "typical_volume": 26984167.95, "trend": 8.530574, "fair_value": 8.58101, "relative_strength": -1.512972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.481856, "energy": 16.519542, "activity_lines": [ 8.176453, 8.160051, 8.177458, 8.366056 ] }, { "date": "2024-05-10", "close": 8.541131, "volume": 23758210, "typical_volume": 27089528.45, "trend": 8.528015, "fair_value": 8.596132, "relative_strength": -0.107056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.848248, "energy": 8.127521, "activity_lines": [ 8.293534, 8.234732, 8.190254, 8.366738 ] }, { "date": "2024-05-17", "close": 8.377986, "volume": 19639078, "typical_volume": 27111042.35, "trend": 8.529295, "fair_value": 8.606882, "relative_strength": -2.023245, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.951387, "energy": 12.072163, "activity_lines": [ 8.346636, 8.270502, 8.191488, 8.357058 ] }, { "date": "2024-05-24", "close": 7.898147, "volume": 24060802, "typical_volume": 26755748.5, "trend": 8.521617, "fair_value": 8.615743, "relative_strength": -4.935737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.77598, "energy": 15.087793, "activity_lines": [ 8.219959, 8.209606, 8.151319, 8.316339 ] }, { "date": "2024-05-31", "close": 7.88855, "volume": 16613666, "typical_volume": 26286955.9, "trend": 8.499545, "fair_value": 8.628049, "relative_strength": -4.512813, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.709336, "energy": 27.275788, "activity_lines": [ 8.101599, 8.151327, 8.118004, 8.275496 ] }, { "date": "2024-06-07", "close": 7.543066, "volume": 25359414, "typical_volume": 26260590.45, "trend": 8.462757, "fair_value": 8.638437, "relative_strength": -7.590369, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.070556, "energy": 59.592609, "activity_lines": [ 7.884072, 8.039132, 8.059647, 8.213788 ] }, { "date": "2024-06-14", "close": 7.427905, "volume": 13254476, "typical_volume": 25710045.5, "trend": 8.415733, "fair_value": 8.64773, "relative_strength": -8.972994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.949539, "energy": 72.490268, "activity_lines": [ 7.676781, 7.913327, 7.999187, 8.147023 ] }, { "date": "2024-06-21", "close": 7.294003, "volume": 12936740, "typical_volume": 24743753.25, "trend": 8.352089, "fair_value": 8.653372, "relative_strength": -8.80096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.793115, "energy": 77.991857, "activity_lines": [ 7.499072, 7.7808, 7.93219, 8.074653 ] }, { "date": "2024-06-28", "close": 7.147733, "volume": 12916557, "typical_volume": 23821376.0, "trend": 8.285489, "fair_value": 8.657305, "relative_strength": -8.440503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.587699, "energy": 83.96344, "activity_lines": [ 7.344872, 7.635977, 7.8588, 7.996953 ] }, { "date": "2024-07-05", "close": 7.225743, "volume": 11474443, "typical_volume": 21834276.2, "trend": 8.217971, "fair_value": 8.658767, "relative_strength": -5.793663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.070737, "energy": 81.402246, "activity_lines": [ 7.266702, 7.522123, 7.793672, 7.928582 ] }, { "date": "2024-07-12", "close": 7.323257, "volume": 10692509, "typical_volume": 20670904.7, "trend": 8.160101, "fair_value": 8.66228, "relative_strength": -6.121976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.16787, "energy": 72.688068, "activity_lines": [ 7.265224, 7.442412, 7.737194, 7.870859 ] }, { "date": "2024-07-19", "close": 7.001462, "volume": 11159552, "typical_volume": 19356929.0, "trend": 8.080948, "fair_value": 8.662773, "relative_strength": -10.539948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.877769, "energy": 72.99149, "activity_lines": [ 7.171136, 7.32145, 7.651755, 7.796108 ] }, { "date": "2024-07-26", "close": 7.245245, "volume": 19748816, "typical_volume": 18986992.3, "trend": 8.01312, "fair_value": 8.664227, "relative_strength": -4.087617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.847542, "energy": 50.766446, "activity_lines": [ 7.186738, 7.272806, 7.594443, 7.742192 ] }, { "date": "2024-08-02", "close": 7.245245, "volume": 15230549, "typical_volume": 18698244.35, "trend": 7.936975, "fair_value": 8.667666, "relative_strength": -3.559418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.478148, "energy": 44.833124, "activity_lines": [ 7.20559, 7.244758, 7.540058, 7.692651 ] }, { "date": "2024-08-09", "close": 7.108727, "volume": 10731194, "typical_volume": 18231026.85, "trend": 7.85596, "fair_value": 8.650863, "relative_strength": -3.579342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.48296, "energy": 46.518408, "activity_lines": [ 7.172435, 7.203759, 7.476922, 7.639216 ] }, { "date": "2024-08-16", "close": 7.079473, "volume": 10015604, "typical_volume": 17361453.6, "trend": 7.778447, "fair_value": 8.640549, "relative_strength": -3.525943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.617865, "energy": 42.927266, "activity_lines": [ 7.137331, 7.17162, 7.417044, 7.58912 ] }, { "date": "2024-08-23", "close": 7.069722, "volume": 18220529, "typical_volume": 17122165.5, "trend": 7.723003, "fair_value": 8.628849, "relative_strength": -1.744604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.95605, "energy": 42.856693, "activity_lines": [ 7.115228, 7.146137, 7.360365, 7.543396 ] }, { "date": "2024-08-30", "close": 7.35251, "volume": 21833765, "typical_volume": 16998991.5, "trend": 7.672186, "fair_value": 8.621789, "relative_strength": 0.123223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.625311, "energy": 32.006309, "activity_lines": [ 7.182837, 7.178582, 7.336939, 7.519493 ] }, { "date": "2024-09-06", "close": 7.391516, "volume": 17317593, "typical_volume": 16298361.75, "trend": 7.674491, "fair_value": 8.611731, "relative_strength": 3.373855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.641849, "energy": 25.14891, "activity_lines": [ 7.256297, 7.217055, 7.320694, 7.501385 ] }, { "date": "2024-09-13", "close": 7.313505, "volume": 11774796, "typical_volume": 15748391.95, "trend": 7.681874, "fair_value": 8.600571, "relative_strength": 4.031626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.899532, "energy": 18.943005, "activity_lines": [ 7.294002, 7.236913, 7.300255, 7.478096 ] }, { "date": "2024-09-20", "close": 7.528035, "volume": 7056000, "typical_volume": 15689714.65, "trend": 7.676895, "fair_value": 8.594395, "relative_strength": 5.660178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.689794, "energy": 18.472735, "activity_lines": [ 7.389566, 7.29418, 7.304128, 7.468171 ] }, { "date": "2024-09-27", "close": 7.996099, "volume": 21433082, "typical_volume": 15573458.25, "trend": 7.675681, "fair_value": 8.585446, "relative_strength": -4.719368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.720472, "energy": 22.753442, "activity_lines": [ 7.611246, 7.432826, 7.356124, 7.488764 ] }, { "date": "2024-10-04", "close": 8.682881, "volume": 12339220, "typical_volume": 15208465.35, "trend": 7.703119, "fair_value": 8.580297, "relative_strength": -6.451518, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.093304, "energy": 63.5997, "activity_lines": [ 8.000095, 7.678258, 7.476122, 7.553745 ] }, { "date": "2024-10-11", "close": 8.359113, "volume": 41607243, "typical_volume": 16085787.4, "trend": 7.710487, "fair_value": 8.57181, "relative_strength": -5.696846, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.125588, "energy": 62.329213, "activity_lines": [ 8.192331, 7.838683, 7.563834, 7.596067 ] }, { "date": "2024-10-18", "close": 8.368923, "volume": 25252241, "typical_volume": 16517716.15, "trend": 7.710185, "fair_value": 8.551297, "relative_strength": -8.252204, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.036838, "energy": 68.809337, "activity_lines": [ 8.32333, 7.980641, 7.650285, 7.638547 ] }, { "date": "2024-10-25", "close": 8.947783, "volume": 100787731, "typical_volume": 20289132.0, "trend": 7.743573, "fair_value": 8.537682, "relative_strength": -4.313654, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.919832, "energy": 77.136871, "activity_lines": [ 8.57692, 8.204932, 7.789577, 7.718392 ] }, { "date": "2024-11-01", "close": 8.50628, "volume": 59967342, "typical_volume": 22624775.3, "trend": 7.74721, "fair_value": 8.538378, "relative_strength": -7.480767, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.122545, "energy": 69.510369, "activity_lines": [ 8.588694, 8.314982, 7.880133, 7.767599 ] }, { "date": "2024-11-08", "close": 8.888915, "volume": 45294580, "typical_volume": 24242667.3, "trend": 7.774158, "fair_value": 8.540986, "relative_strength": -9.275071, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.480422, "energy": 70.130576, "activity_lines": [ 8.694, 8.468482, 8.001995, 7.841257 ] }, { "date": "2024-11-15", "close": 8.702502, "volume": 42084858, "typical_volume": 25701082.35, "trend": 7.795212, "fair_value": 8.544564, "relative_strength": -7.61304, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.720054, "energy": 53.782649, "activity_lines": [ 8.723433, 8.560154, 8.098509, 7.901151 ] }, { "date": "2024-11-22", "close": 8.751558, "volume": 29662150, "typical_volume": 26610467.7, "trend": 7.815981, "fair_value": 8.54978, "relative_strength": -4.154618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.000359, "energy": 48.229059, "activity_lines": [ 8.746326, 8.636909, 8.192291, 7.96285 ] }, { "date": "2024-11-29", "close": 9.036083, "volume": 29589303, "typical_volume": 27555307.4, "trend": 7.841437, "fair_value": 8.557662, "relative_strength": -2.484738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.09012, "energy": 51.697405, "activity_lines": [ 8.838551, 8.73925, 8.305905, 8.041567 ] }, { "date": "2024-12-06", "close": 9.350039, "volume": 43514822, "typical_volume": 29173070.9, "trend": 7.8684, "fair_value": 8.569, "relative_strength": -0.589407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.599201, "energy": 54.669126, "activity_lines": [ 9.029541, 8.871255, 8.441263, 8.138896 ] }, { "date": "2024-12-13", "close": 9.075327, "volume": 32473825, "typical_volume": 29809321.35, "trend": 7.891645, "fair_value": 8.576291, "relative_strength": -2.587906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.196542, "energy": 49.28261, "activity_lines": [ 9.072711, 8.928695, 8.539274, 8.216762 ] }, { "date": "2024-12-20", "close": 9.006649, "volume": 26805503, "typical_volume": 30388069.05, "trend": 7.928595, "fair_value": 8.579113, "relative_strength": -2.391334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.002615, "energy": 46.971784, "activity_lines": [ 9.08056, 8.966512, 8.62203, 8.288698 ] }, { "date": "2024-12-27", "close": 9.085139, "volume": 24526147, "typical_volume": 31077816.7, "trend": 7.968481, "fair_value": 8.576723, "relative_strength": -1.326698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.850571, "energy": 44.382339, "activity_lines": [ 9.094296, 9.006827, 8.703874, 8.363313 ] }, { "date": "2025-01-03", "close": 8.211945, "volume": 19169649, "typical_volume": 31535518.95, "trend": 7.990777, "fair_value": 8.569338, "relative_strength": -3.569095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.451853, "energy": 21.177077, "activity_lines": [ 8.794728, 8.875358, 8.693144, 8.379021 ] }, { "date": "2025-01-10", "close": 7.966665, "volume": 16811604, "typical_volume": 31465072.7, "trend": 8.008736, "fair_value": 8.554306, "relative_strength": -4.988087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.56825, "energy": 15.649512, "activity_lines": [ 8.468343, 8.712671, 8.653662, 8.377465 ] }, { "date": "2025-01-17", "close": 8.398357, "volume": 16544815, "typical_volume": 31200625.2, "trend": 8.045548, "fair_value": 8.544627, "relative_strength": -2.96395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.107204, "energy": 18.281686, "activity_lines": [ 8.37808, 8.638284, 8.651023, 8.402602 ] }, { "date": "2025-01-24", "close": 8.319867, "volume": 16169041, "typical_volume": 31143197.6, "trend": 8.084619, "fair_value": 8.537933, "relative_strength": -4.698927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.019118, "energy": 22.075164, "activity_lines": [ 8.306786, 8.558546, 8.635928, 8.4203 ] }, { "date": "2025-01-31", "close": 8.368923, "volume": 2879700, "typical_volume": 30698442.8, "trend": 8.122725, "fair_value": 8.522472, "relative_strength": -2.428837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.128039, "energy": 19.18707, "activity_lines": [ 8.297629, 8.494684, 8.621084, 8.438642 ] }, { "date": "2025-02-07", "close": 8.476846, "volume": 10177631, "typical_volume": 30854524.35, "trend": 8.161178, "fair_value": 8.505838, "relative_strength": -4.861952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.885303, "energy": 11.904142, "activity_lines": [ 8.372193, 8.457402, 8.611493, 8.461489 ] }, { "date": "2025-02-14", "close": 8.398357, "volume": 18334012, "typical_volume": 30699570.85, "trend": 8.207741, "fair_value": 8.493332, "relative_strength": -7.215671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.251411, "energy": 9.519378, "activity_lines": [ 8.402935, 8.416017, 8.589908, 8.476791 ] }, { "date": "2025-02-21", "close": 8.417979, "volume": 18194243, "typical_volume": 30992322.0, "trend": 8.246832, "fair_value": 8.487328, "relative_strength": -8.87793, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.418174, "energy": 11.423656, "activity_lines": [ 8.411438, 8.395503, 8.568277, 8.490354 ] }, { "date": "2025-02-28", "close": 8.310057, "volume": 24636567, "typical_volume": 30143788.2, "trend": 8.282326, "fair_value": 8.484361, "relative_strength": -6.678005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.04512, "energy": 9.922759, "activity_lines": [ 8.382659, 8.367318, 8.537629, 8.494433 ] }, { "date": "2025-03-07", "close": 8.437601, "volume": 20215778, "typical_volume": 29891965.05, "trend": 8.326622, "fair_value": 8.475414, "relative_strength": -7.147856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.173772, "energy": 11.37254, "activity_lines": [ 8.397049, 8.374988, 8.519361, 8.504451 ] }, { "date": "2025-03-14", "close": 8.879104, "volume": 33391305, "typical_volume": 26522143.75, "trend": 8.386609, "fair_value": 8.467735, "relative_strength": -3.40322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.991047, "energy": 20.712365, "activity_lines": [ 8.554027, 8.474705, 8.542814, 8.540095 ] }, { "date": "2025-03-21", "close": 9.144005, "volume": 36047418, "typical_volume": 25326147.55, "trend": 8.455752, "fair_value": 8.461753, "relative_strength": 2.232545, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.493372, "energy": 39.119049, "activity_lines": [ 8.772489, 8.610456, 8.591824, 8.588959 ] }, { "date": "2025-03-28", "close": 8.967404, "volume": 29299777, "typical_volume": 24526407.4, "trend": 8.509582, "fair_value": 8.455481, "relative_strength": 1.015989, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.697022, "energy": 47.537011, "activity_lines": [ 8.882374, 8.692692, 8.620977, 8.621969 ] }, { "date": "2025-04-04", "close": 9.09495, "volume": 22658220, "typical_volume": 23555075.5, "trend": 8.566363, "fair_value": 8.453215, "relative_strength": 4.846381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.84301, "energy": 66.840118, "activity_lines": [ 8.998146, 8.787771, 8.661903, 8.659735 ] }, { "date": "2025-04-11", "close": 10.576435, "volume": 150755768, "typical_volume": 29609756.4, "trend": 8.675127, "fair_value": 8.462911, "relative_strength": 27.924291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.191353, "energy": 85.874531, "activity_lines": [ 9.55542, 9.138119, 8.842055, 8.789417 ] }, { "date": "2025-04-18", "close": 10.134933, "volume": 171851432, "typical_volume": 36722862.85, "trend": 8.762024, "fair_value": 8.47086, "relative_strength": 22.778569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.223322, "energy": 81.615833, "activity_lines": [ 9.822938, 9.368057, 8.971469, 8.883598 ] }, { "date": "2025-04-25", "close": 10.066255, "volume": 109548153, "typical_volume": 40024529.4, "trend": 8.831029, "fair_value": 8.480594, "relative_strength": 19.855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.86041, "energy": 78.740293, "activity_lines": [ 9.983841, 9.555361, 9.089109, 8.967742 ] }, { "date": "2025-05-02", "close": 9.575696, "volume": 37781628, "typical_volume": 40289919.55, "trend": 8.86079, "fair_value": 8.490251, "relative_strength": 13.942549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.474748, "energy": 68.735944, "activity_lines": [ 9.919741, 9.623147, 9.15662, 9.015785 ] }, { "date": "2025-05-09", "close": 9.77192, "volume": 50525912, "typical_volume": 41475940.0, "trend": 8.907883, "fair_value": 8.504353, "relative_strength": 13.446658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.912847, "energy": 45.756634, "activity_lines": [ 9.880497, 9.705561, 9.240435, 9.074568 ] }, { "date": "2025-05-16", "close": 9.860221, "volume": 51508655, "typical_volume": 42825065.4, "trend": 8.957593, "fair_value": 8.521247, "relative_strength": 13.606747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.254944, "energy": 39.125016, "activity_lines": [ 9.825554, 9.77745, 9.329016, 9.136009 ] }, { "date": "2025-05-23", "close": 9.536452, "volume": 51806312, "typical_volume": 44456898.55, "trend": 8.977215, "fair_value": 8.538892, "relative_strength": 10.131877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.517532, "energy": 26.450755, "activity_lines": [ 9.710437, 9.764606, 9.383071, 9.173354 ] }, { "date": "2025-05-30", "close": 9.820976, "volume": 30553300, "typical_volume": 45143983.35, "trend": 9.021039, "fair_value": 8.55788, "relative_strength": 14.105948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.085364, "energy": 26.778876, "activity_lines": [ 9.730059, 9.791542, 9.457916, 9.227791 ] }, { "date": "2025-06-06", "close": 9.997577, "volume": 29241601, "typical_volume": 45778822.65, "trend": 9.057994, "fair_value": 8.576797, "relative_strength": 14.099055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.653618, "energy": 29.103065, "activity_lines": [ 9.8249, 9.838279, 9.54075, 9.290793 ] }, { "date": "2025-06-13", "close": 10.242855, "volume": 39550226, "typical_volume": 46947881.9, "trend": 9.109339, "fair_value": 8.595362, "relative_strength": 17.062509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.686263, "energy": 37.151423, "activity_lines": [ 9.973376, 9.910882, 9.639329, 9.367236 ] }, { "date": "2025-06-20", "close": 9.753333, "volume": 34476920, "typical_volume": 48527742.9, "trend": 9.142732, "fair_value": 8.609706, "relative_strength": 12.346944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.924159, "energy": 32.892774, "activity_lines": [ 9.927281, 9.873609, 9.68213, 9.408784 ] }, { "date": "2025-06-27", "close": 10.549524, "volume": 46768762, "typical_volume": 50357299.45, "trend": 9.19318, "fair_value": 8.62741, "relative_strength": 16.605398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.292854, "energy": 43.53564, "activity_lines": [ 10.15371, 9.996064, 9.794165, 9.499544 ] }, { "date": "2025-07-04", "close": 10.330571, "volume": 74295586, "typical_volume": 53155378.15, "trend": 9.225864, "fair_value": 8.641906, "relative_strength": 12.393391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.705367, "energy": 41.303011, "activity_lines": [ 10.239616, 10.071171, 9.875479, 9.572925 ] }, { "date": "2025-07-11", "close": 11.375571, "volume": 212540727, "typical_volume": 62872702.35, "trend": 9.302539, "fair_value": 8.663822, "relative_strength": 20.966189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.873131, "energy": 59.499988, "activity_lines": [ 10.639882, 10.331473, 10.047115, 9.711615 ] }, { "date": "2025-07-18", "close": 11.41538, "volume": 102481076, "typical_volume": 66764927.8, "trend": 9.38283, "fair_value": 8.68437, "relative_strength": 18.296077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.331753, "energy": 76.308505, "activity_lines": [ 10.961552, 10.566287, 10.208458, 9.847928 ] }, { "date": "2025-07-25", "close": 11.126761, "volume": 61905164, "typical_volume": 68849397.1, "trend": 9.450884, "fair_value": 8.702766, "relative_strength": 12.304591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.620406, "energy": 73.137911, "activity_lines": [ 11.108847, 10.718745, 10.327527, 9.960439 ] }, { "date": "2025-08-01", "close": 10.877953, "volume": 37589601, "typical_volume": 69059311.9, "trend": 9.539751, "fair_value": 8.721083, "relative_strength": 11.215702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.64411, "energy": 70.045563, "activity_lines": [ 11.081644, 10.802936, 10.410094, 10.052508 ] }, { "date": "2025-08-08", "close": 11.116809, "volume": 26995408, "typical_volume": 68606711.4, "trend": 9.644756, "fair_value": 8.742148, "relative_strength": 11.887414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.185129, "energy": 58.21726, "activity_lines": [ 11.112165, 10.906165, 10.505892, 10.154254 ] }, { "date": "2025-08-15", "close": 11.196428, "volume": 44514195, "typical_volume": 69367432.3, "trend": 9.738025, "fair_value": 8.758977, "relative_strength": 7.522708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.291314, "energy": 44.349174, "activity_lines": [ 11.116809, 11.00031, 10.599877, 10.254362 ] }, { "date": "2025-08-22", "close": 12.201619, "volume": 101783203, "typical_volume": 73323681.45, "trend": 9.867416, "fair_value": 8.783102, "relative_strength": 11.724512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.750089, "energy": 53.65795, "activity_lines": [ 11.46846, 11.255419, 10.778981, 10.413303 ] }, { "date": "2025-08-29", "close": 13.12719, "volume": 96163608, "typical_volume": 70594073.45, "trend": 10.026025, "fair_value": 8.815532, "relative_strength": 14.804043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.222157, "energy": 72.48286, "activity_lines": [ 12.076219, 11.6432, 11.031441, 10.623611 ] }, { "date": "2025-09-05", "close": 12.589761, "volume": 126729253, "typical_volume": 68337964.5, "trend": 10.163123, "fair_value": 8.84038, "relative_strength": 10.812355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.899564, "energy": 69.70408, "activity_lines": [ 12.371472, 11.871923, 11.22057, 10.789014 ] }, { "date": "2025-09-12", "close": 12.311094, "volume": 65605967, "typical_volume": 66140855.2, "trend": 10.293547, "fair_value": 8.863016, "relative_strength": 5.480802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.930092, "energy": 70.826994, "activity_lines": [ 12.459717, 12.012885, 11.37147, 10.927593 ] }, { "date": "2025-09-19", "close": 12.181714, "volume": 50764063, "typical_volume": 66789976.95, "trend": 10.419005, "fair_value": 8.886466, "relative_strength": 3.201222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.303647, "energy": 57.402097, "activity_lines": [ 12.425215, 12.094314, 11.499359, 11.04941 ] }, { "date": "2025-09-26", "close": 12.480286, "volume": 92682749, "typical_volume": 68897818.8, "trend": 10.558013, "fair_value": 8.914263, "relative_strength": 4.392737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.737403, "energy": 45.808819, "activity_lines": [ 12.424552, 12.215371, 11.643273, 11.182396 ] }, { "date": "2025-10-03", "close": 12.569857, "volume": 16193816, "typical_volume": 67132076.85, "trend": 10.695754, "fair_value": 8.939775, "relative_strength": 2.446107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.344586, "energy": 42.997204, "activity_lines": [ 12.435168, 12.333352, 11.782821, 11.312192 ] }, { "date": "2025-10-10", "close": 13.017714, "volume": 30413802, "typical_volume": 66062451.35, "trend": 10.833708, "fair_value": 8.974789, "relative_strength": 7.128643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.307713, "energy": 53.415642, "activity_lines": [ 12.632225, 12.506523, 11.952119, 11.461996 ] }, { "date": "2025-10-17", "close": 12.549952, "volume": 69338595, "typical_volume": 68001716.1, "trend": 10.94724, "fair_value": 9.007414, "relative_strength": 8.2895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.410312, "energy": 45.675883, "activity_lines": [ 12.644832, 12.555743, 12.060291, 11.572721 ] }, { "date": "2025-10-24", "close": 12.87, "volume": 35353611, "typical_volume": 68307316.6, "trend": 11.077326, "fair_value": 9.036492, "relative_strength": 5.754835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.942091, "energy": 47.545119, "activity_lines": [ 12.748197, 12.637095, 12.185948, 11.69677 ] }, { "date": "2025-10-31", "close": 13.52, "volume": 58640679, "typical_volume": 69261839.25, "trend": 11.224828, "fair_value": 9.069311, "relative_strength": 9.901931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.913417, "energy": 58.358085, "activity_lines": [ 13.022343, 12.806201, 12.359832, 11.854362 ] }, { "date": "2025-11-07", "close": 13.83, "volume": 87229284, "typical_volume": 71899457.45, "trend": 11.33328, "fair_value": 9.105639, "relative_strength": 11.655387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.398417, "energy": 53.05278, "activity_lines": [ 13.330508, 13.007699, 12.547634, 12.022438 ] }, { "date": "2025-11-14", "close": 13.09, "volume": 50892970, "typical_volume": 72105667.85, "trend": 11.431782, "fair_value": 9.141907, "relative_strength": 6.782725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.191953, "energy": 45.759062, "activity_lines": [ 13.307997, 13.061874, 12.645548, 12.135775 ] }, { "date": "2025-11-21", "close": 12.2, "volume": 51928508, "typical_volume": 70987313.95, "trend": 11.502907, "fair_value": 9.163953, "relative_strength": 4.611801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.306504, "energy": 35.804446, "activity_lines": [ 12.984, 12.945136, 12.646602, 12.185337 ] }, { "date": "2025-11-28", "close": 12.43, "volume": 31164004, "typical_volume": 61918477.8, "trend": 11.598051, "fair_value": 9.17865, "relative_strength": 2.698116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.332015, "energy": 23.561599, "activity_lines": [ 12.76, 12.872235, 12.660659, 12.245149 ] }, { "date": "2025-12-05", "close": 12.09, "volume": 22996871, "typical_volume": 57944267.55, "trend": 11.67532, "fair_value": 9.197922, "relative_strength": -1.461919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.691169, "energy": 19.369027, "activity_lines": [ 12.452, 12.733003, 12.637313, 12.276888 ] }, { "date": "2025-12-12", "close": 12.0, "volume": 20775401, "typical_volume": 55887779.4, "trend": 11.746646, "fair_value": 9.21759, "relative_strength": -3.127418, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.981838, "energy": 17.324116, "activity_lines": [ 12.209333, 12.584502, 12.602184, 12.297835 ] }, { "date": "2025-12-19", "close": 12.01, "volume": 21969444, "typical_volume": 55106771.55, "trend": 11.829097, "fair_value": 9.236167, "relative_strength": -2.311935, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.777133, "energy": 17.022353, "activity_lines": [ 12.092, 12.448181, 12.563849, 12.314826 ] }, { "date": "2025-12-26", "close": 12.64, "volume": 35141261, "typical_volume": 55514064.2, "trend": 11.923065, "fair_value": 9.256469, "relative_strength": -0.848555, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.513396, "energy": 15.337306, "activity_lines": [ 12.256667, 12.444727, 12.580123, 12.367142 ] }, { "date": "2026-01-02", "close": 12.45, "volume": 11805331, "typical_volume": 53878621.0, "trend": 12.004812, "fair_value": 9.276588, "relative_strength": -1.952131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.916516, "energy": 10.156302, "activity_lines": [ 12.328667, 12.405091, 12.571049, 12.401138 ] }, { "date": "2026-01-09", "close": 12.79, "volume": 29895501, "typical_volume": 50284235.9, "trend": 12.089717, "fair_value": 9.303694, "relative_strength": -3.702386, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.025176, "energy": 15.705987, "activity_lines": [ 12.512667, 12.434909, 12.588386, 12.451795 ] }, { "date": "2026-01-16", "close": 12.97, "volume": 46326131, "typical_volume": 47792362.05, "trend": 12.196939, "fair_value": 9.331588, "relative_strength": -3.608557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.962833, "energy": 26.050403, "activity_lines": [ 12.71, 12.510727, 12.620064, 12.508588 ] }, { "date": "2026-01-23", "close": 13.52, "volume": 41001440, "typical_volume": 43505971.4, "trend": 12.295955, "fair_value": 9.360087, "relative_strength": -0.883429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.307189, "energy": 43.974791, "activity_lines": [ 13.026, 12.702182, 12.704872, 12.593946 ] }, { "date": "2026-01-30", "close": 13.37, "volume": 40652214, "typical_volume": 42258283.75, "trend": 12.39727, "fair_value": 9.390363, "relative_strength": -0.607134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.976742, "energy": 58.457547, "activity_lines": [ 13.191333, 12.858545, 12.770964, 12.66324 ] }, { "date": "2026-02-06", "close": 12.6, "volume": 30247701, "typical_volume": 41232465.65, "trend": 12.438084, "fair_value": 9.411321, "relative_strength": -4.519021, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.367577, "energy": 47.580273, "activity_lines": [ 13.051333, 12.853636, 12.758681, 12.676319 ] }, { "date": "2026-02-13", "close": 12.61, "volume": 21964001, "typical_volume": 37696528.25, "trend": 12.477905, "fair_value": 9.431675, "relative_strength": -5.969714, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.54508, "energy": 30.617852, "activity_lines": [ 12.904667, 12.847455, 12.745358, 12.68741 ] }, { "date": "2026-02-27", "close": 13.31, "volume": 22474303, "typical_volume": 38010552.6, "trend": 12.550679, "fair_value": 9.455482, "relative_strength": -3.750421, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.977537, "energy": 30.262782, "activity_lines": [ 13.003333, 12.959091, 12.798084, 12.741094 ] }, { "date": "2026-03-06", "close": 13.69, "volume": 57119506, "typical_volume": 39345837.8, "trend": 12.644414, "fair_value": 9.484523, "relative_strength": 0.878187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.402435, "energy": 33.424096, "activity_lines": [ 13.206, 13.116, 12.883476, 12.814598 ] }, { "date": "2026-03-13", "close": 13.97, "volume": 124302603, "typical_volume": 42094038.2, "trend": 12.73952, "fair_value": 9.516029, "relative_strength": 1.752871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.329773, "energy": 53.99198, "activity_lines": [ 13.490667, 13.293273, 12.992333, 12.90012 ] }, { "date": "2026-03-20", "close": 12.53, "volume": 52676890, "typical_volume": 42960202.15, "trend": 12.783973, "fair_value": 9.537512, "relative_strength": -6.18493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.622124, "energy": 30.437189, "activity_lines": [ 13.255333, 13.184545, 12.957286, 12.886603 ] }, { "date": "2026-03-27", "close": 11.45, "volume": 61374661, "typical_volume": 43096901.25, "trend": 12.758919, "fair_value": 9.551647, "relative_strength": -13.571301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.964522, "energy": 10.821057, "activity_lines": [ 12.664667, 12.878, 12.821, 12.80054 ] }, { "date": "2026-04-03", "close": 10.81, "volume": 46856985, "typical_volume": 41078286.3, "trend": 12.681679, "fair_value": 9.564661, "relative_strength": -15.852026, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.825456, "energy": 57.320196, "activity_lines": [ 11.938, 12.479455, 12.633619, 12.674803 ] }, { "date": "2026-04-10", "close": 11.7, "volume": 26117726, "typical_volume": 39839524.1, "trend": 12.652021, "fair_value": 9.582893, "relative_strength": -14.910683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.167946, "energy": 54.427428, "activity_lines": [ 11.674667, 12.282, 12.545381, 12.611469 ] }, { "date": "2026-04-17", "close": 11.812855, "volume": 23657683, "typical_volume": 38425982.85, "trend": 12.635413, "fair_value": 9.602213, "relative_strength": -16.945486, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.095354, "energy": 65.942491, "activity_lines": [ 11.581618, 12.138155, 12.47451, 12.557329 ] }, { "date": "2026-04-24", "close": 11.456986, "volume": 24771786, "typical_volume": 38106371.95, "trend": 12.611255, "fair_value": 9.619922, "relative_strength": -19.306134, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.288913, "energy": 66.250445, "activity_lines": [ 11.513757, 11.957919, 12.37159, 12.481302 ] }, { "date": "2026-05-01", "close": 11.387791, "volume": 18426100, "typical_volume": 37877833.4, "trend": 12.574839, "fair_value": 9.637247, "relative_strength": -20.259844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.457371, "energy": 49.003837, "activity_lines": [ 11.494364, 11.785884, 12.266714, 12.402369 ] }, { "date": "2026-05-08", "close": 11.743658, "volume": 16034433, "typical_volume": 37640785.0, "trend": 12.547299, "fair_value": 9.660566, "relative_strength": -19.83168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.601973, "energy": 36.160224, "activity_lines": [ 11.597741, 11.700774, 12.199074, 12.348744 ] }, { "date": "2026-05-15", "close": 11.101117, "volume": 32222400, "typical_volume": 38153432.8, "trend": 12.483412, "fair_value": 9.677453, "relative_strength": -23.814556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.253157, "energy": 41.79003, "activity_lines": [ 11.424694, 11.527317, 12.07146, 12.255442 ] }, { "date": "2026-05-22", "close": 11.170315, "volume": 24122419, "typical_volume": 37602490.7, "trend": 12.437424, "fair_value": 9.694845, "relative_strength": -23.11763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.743326, "energy": 40.305743, "activity_lines": [ 11.314639, 11.413513, 11.954764, 12.170726 ] }, { "date": "2026-05-29", "close": 12.702526, "volume": 103852310, "typical_volume": 42204839.65, "trend": 12.431842, "fair_value": 9.720295, "relative_strength": -12.21973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.438244, "energy": 16.86209, "activity_lines": [ 11.758157, 11.629195, 11.990991, 12.187829 ] }, { "date": "2026-06-05", "close": 12.218149, "volume": 16956985, "typical_volume": 41557913.85, "trend": 12.388447, "fair_value": 9.741179, "relative_strength": -13.809508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.08178, "energy": 14.694773, "activity_lines": [ 11.957179, 11.753672, 11.979885, 12.174043 ] }, { "date": "2026-06-12", "close": 14.234737, "volume": 36564728, "typical_volume": 41069843.7, "trend": 12.401938, "fair_value": 9.774321, "relative_strength": 2.838533, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.539218, "energy": 31.616012, "activity_lines": [ 12.77304, 12.230835, 12.163559, 12.293158 ] }, { "date": "2026-06-19", "close": 15.01, "volume": 131022608, "typical_volume": 45570902.1, "trend": 12.465938, "fair_value": 9.814136, "relative_strength": 1.379071, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.110876, "energy": 58.210305, "activity_lines": [ 13.681251, 12.786688, 12.415044, 12.46142 ] }, { "date": "2026-06-26", "close": 14.27, "volume": 33423876, "typical_volume": 45209485.2, "trend": 12.534938, "fair_value": 9.851154, "relative_strength": -1.957261, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.577847, "energy": 76.388, "activity_lines": [ 14.082202, 13.147812, 12.588957, 12.577812 ] }, { "date": "2026-07-03", "close": 13.4, "volume": 33170986, "typical_volume": 45355649.45, "trend": 12.567271, "fair_value": 9.878275, "relative_strength": -6.537691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.379618, "energy": 73.338446, "activity_lines": [ 13.986508, 13.30608, 12.675728, 12.633622 ] }, { "date": "2026-07-10", "close": 12.75, "volume": 85902106, "typical_volume": 48552554.7, "trend": 12.589271, "fair_value": 9.9005, "relative_strength": -7.553325, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.318788, "energy": 52.239764, "activity_lines": [ 13.627649, 13.310838, 12.696785, 12.645411 ] }, { "date": "2026-07-17", "close": 14.0, "volume": 200304455, "typical_volume": 57444062.3, "trend": 12.655938, "fair_value": 9.927988, "relative_strength": 11.530866, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.869222, "energy": 34.251819, "activity_lines": [ 13.65, 13.518102, 12.836222, 12.736426 ] }, { "date": "2026-07-24", "close": 11.63, "volume": 153740713, "typical_volume": 62275122.65, "trend": 12.643271, "fair_value": 9.940406, "relative_strength": -7.413688, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.852375, "energy": 13.374998, "activity_lines": [ 12.898, 13.253432, 12.746659, 12.670236 ] }, { "date": "2026-07-31", "close": 10.71, "volume": 81203314, "typical_volume": 60120158.2, "trend": 12.578938, "fair_value": 9.947788, "relative_strength": -13.128411, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.578991, "energy": 24.037754, "activity_lines": [ 12.064667, 12.811873, 12.579287, 12.545509 ] }, { "date": "2026-08-07", "close": 11.6, "volume": 52301393, "typical_volume": 60101383.35, "trend": 12.550604, "fair_value": 9.962167, "relative_strength": -10.382589, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.756317, "energy": 28.062544, "activity_lines": [ 11.765333, 12.540502, 12.512201, 12.482352 ] } ], "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." } } }