{ "ticker": { "uuid": "aa838668-0b0a-45ac-b35b-9946d419bfef", "symbol": "HMPRO", "name": "Home Product Center Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 40.504, "architecture_energy": 36.111, "architecture_maturity": 24.826, "architecture_confidence": 54.392, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 29.04, "rotation_up": 57.9, "upward_expansion": 50.54, "deceleration": 44.17, "rotation_down": 23.09, "downward_expansion": 11.21 }, "activity_lines": [ 6.553333, 6.5, 6.33349, 6.300055 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 6.65, "trend_reference": 6.334323, "distance_from_trend": 0.049836, "trend_direction": "Improving", "fair_value": 8.082066, "distance_from_fair_value": -0.177191, "fair_value_direction": "Improving", "relative_strength": -10.854449, "relative_strength_direction": "Improving", "price_momentum": 0.013038, "excess_performance": -0.179287, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049836, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.017043, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.177191, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.116605, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.108544, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.096331, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.013038, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.877282, "read": "Demand-led" } ], "volume": { "latest": 226962100, "relative_activity": 1.873516, "balance": 2.877282, "dry_up": 1.563667, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.039907, "annualized_volatility": 0.237436, "from_high_reference": -0.138917, "from_low_reference": 0.198028 }, "levels": { "trend_reference": 6.334323, "fair_value_reference": 8.082066, "structural_low": 5.647323, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.024086, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.050715, "regime_survival": 0.375, "best_return": 0.070423, "worst_return": -0.081731, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.077947, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.094982, "regime_survival": 0.0, "best_return": 0.034722, "worst_return": -0.126667, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.09621, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006949, "regime_survival": 0.0, "best_return": 0.147887, "worst_return": -0.230038, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.157015, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.030005, "regime_survival": 0.0, "best_return": -0.025755, "worst_return": -0.246906, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2025-01-10", "tenure": "Developing", "return": -0.057592, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": -0.077348, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-04-18", "tenure": "Developing", "return": 0.101796, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": -0.077844, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-08-29", "tenure": "Established", "return": -0.077922, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.014178, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": -0.02, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": -0.165517, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.127119, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": 0.036496, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.036765, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.015873, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-07-03", "tenure": "Established", "return": 0.076996, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.015267, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.784454, "volume": 117944400, "typical_volume": 81530700.0, "trend": 12.25687, "fair_value": 12.033929, "relative_strength": 0.309077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.307807, "energy": 42.139687, "activity_lines": [ 11.964859, 12.046332, 12.11186, 12.162045 ] }, { "date": "2023-08-25", "close": 12.046332, "volume": 92610800, "typical_volume": 81569690.0, "trend": 12.237008, "fair_value": 12.032282, "relative_strength": -0.295397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.366932, "energy": 40.564691, "activity_lines": [ 11.964859, 12.038396, 12.100738, 12.148462 ] }, { "date": "2023-09-01", "close": 11.871748, "volume": 56902100, "typical_volume": 82552205.0, "trend": 12.205593, "fair_value": 12.030561, "relative_strength": -1.913773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.782812, "energy": 43.109197, "activity_lines": [ 11.918303, 12.000305, 12.074598, 12.124897 ] }, { "date": "2023-09-08", "close": 11.871748, "volume": 43316800, "typical_volume": 77065365.0, "trend": 12.174179, "fair_value": 12.030943, "relative_strength": -1.123149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.936517, "energy": 42.192257, "activity_lines": [ 11.900845, 11.966976, 12.050489, 12.103358 ] }, { "date": "2023-09-15", "close": 11.855232, "volume": 54915600, "typical_volume": 73882380.0, "trend": 12.147946, "fair_value": 12.030694, "relative_strength": -1.03183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.019289, "energy": 31.929526, "activity_lines": [ 11.883701, 11.936991, 12.024391, 12.082781 ] }, { "date": "2023-09-22", "close": 11.412872, "volume": 141967300, "typical_volume": 78988735.0, "trend": 12.112702, "fair_value": 12.029712, "relative_strength": -3.598995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.556323, "energy": 56.802987, "activity_lines": [ 11.726024, 11.830053, 11.957905, 12.035357 ] }, { "date": "2023-09-29", "close": 11.058986, "volume": 116659300, "typical_volume": 80077460.0, "trend": 12.082863, "fair_value": 12.024358, "relative_strength": -3.390889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.160121, "energy": 74.630227, "activity_lines": [ 11.475157, 11.671876, 11.862395, 11.967375 ] }, { "date": "2023-10-06", "close": 10.882043, "volume": 156933800, "typical_volume": 83999270.0, "trend": 12.044258, "fair_value": 12.014189, "relative_strength": -2.795716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.986282, "energy": 82.044442, "activity_lines": [ 11.231132, 11.502653, 11.757644, 11.889903 ] }, { "date": "2023-10-13", "close": 10.793571, "volume": 60648100, "typical_volume": 84436430.0, "trend": 11.991237, "fair_value": 12.009763, "relative_strength": -4.403738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.931591, "energy": 86.345001, "activity_lines": [ 11.023597, 11.343276, 11.651259, 11.809214 ] }, { "date": "2023-10-20", "close": 10.616626, "volume": 104849900, "typical_volume": 85519220.0, "trend": 11.935185, "fair_value": 12.006306, "relative_strength": -2.522062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.265268, "energy": 88.04887, "activity_lines": [ 10.828959, 11.172916, 11.534819, 11.720529 ] }, { "date": "2023-10-27", "close": 10.262739, "volume": 83872900, "typical_volume": 85117420.0, "trend": 11.86447, "fair_value": 11.998477, "relative_strength": -4.929209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.490643, "energy": 91.517134, "activity_lines": [ 10.598932, 10.962621, 11.391483, 11.612629 ] }, { "date": "2023-11-03", "close": 10.439683, "volume": 131695500, "typical_volume": 86907110.0, "trend": 11.799653, "fair_value": 11.990731, "relative_strength": -5.376543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.583564, "energy": 84.068394, "activity_lines": [ 10.504562, 10.812165, 11.273492, 11.520708 ] }, { "date": "2023-11-10", "close": 10.705099, "volume": 176600900, "typical_volume": 92472440.0, "trend": 11.74655, "fair_value": 11.98048, "relative_strength": -0.845597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.602603, "energy": 59.17354, "activity_lines": [ 10.539951, 10.739179, 11.188846, 11.450091 ] }, { "date": "2023-11-17", "close": 10.793571, "volume": 102487600, "typical_volume": 93150480.0, "trend": 11.713521, "fair_value": 11.968692, "relative_strength": -1.817185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.008505, "energy": 51.525705, "activity_lines": [ 10.616627, 10.70349, 11.119428, 11.388609 ] }, { "date": "2023-11-24", "close": 10.528154, "volume": 56567000, "typical_volume": 93035150.0, "trend": 11.657095, "fair_value": 11.956781, "relative_strength": -2.948334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.512059, "energy": 47.355033, "activity_lines": [ 10.60483, 10.639147, 11.031529, 11.312133 ] }, { "date": "2023-12-01", "close": 10.439683, "volume": 137747700, "typical_volume": 95285255.0, "trend": 11.591901, "fair_value": 11.945354, "relative_strength": -2.524364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.164406, "energy": 44.085207, "activity_lines": [ 10.569442, 10.582847, 10.942433, 11.233591 ] }, { "date": "2023-12-08", "close": 10.616626, "volume": 58142800, "typical_volume": 95860430.0, "trend": 11.523876, "fair_value": 11.937164, "relative_strength": -0.935257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.449441, "energy": 35.18332, "activity_lines": [ 10.581238, 10.576412, 10.878256, 11.17067 ] }, { "date": "2023-12-15", "close": 10.616626, "volume": 85840900, "typical_volume": 97899685.0, "trend": 11.46749, "fair_value": 11.928975, "relative_strength": -1.568379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.174181, "energy": 33.291071, "activity_lines": [ 10.581237, 10.578021, 10.821718, 11.112138 ] }, { "date": "2023-12-22", "close": 10.439683, "volume": 85680100, "typical_volume": 99959560.0, "trend": 11.408116, "fair_value": 11.923858, "relative_strength": -4.009652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.210016, "energy": 38.193476, "activity_lines": [ 10.528154, 10.552283, 10.756384, 11.045827 ] }, { "date": "2023-12-29", "close": 10.35121, "volume": 93044300, "typical_volume": 97921390.0, "trend": 11.351612, "fair_value": 11.918174, "relative_strength": -5.387169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.679894, "energy": 38.953741, "activity_lines": [ 10.469173, 10.516894, 10.689859, 10.97764 ] }, { "date": "2024-01-05", "close": 10.705099, "volume": 52422900, "typical_volume": 94645315.0, "trend": 11.306904, "fair_value": 11.914232, "relative_strength": -2.84458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.568122, "energy": 32.368108, "activity_lines": [ 10.539951, 10.550675, 10.664693, 10.935929 ] }, { "date": "2024-01-12", "close": 10.528154, "volume": 60869400, "typical_volume": 93058245.0, "trend": 11.253388, "fair_value": 11.909156, "relative_strength": -3.372172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.691234, "energy": 30.93508, "activity_lines": [ 10.534053, 10.54424, 10.627816, 10.885688 ] }, { "date": "2024-01-19", "close": 9.554964, "volume": 186727000, "typical_volume": 99549490.0, "trend": 11.167433, "fair_value": 11.896791, "relative_strength": -10.196191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.968529, "energy": 51.478561, "activity_lines": [ 10.209656, 10.359254, 10.505483, 10.776112 ] }, { "date": "2024-01-26", "close": 9.289549, "volume": 130816000, "typical_volume": 103924450.0, "trend": 11.06972, "fair_value": 11.884301, "relative_strength": -11.613241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.348387, "energy": 74.499108, "activity_lines": [ 9.867565, 10.146921, 10.368905, 10.654958 ] }, { "date": "2024-02-02", "close": 9.466492, "volume": 105048200, "typical_volume": 106431080.0, "trend": 10.983726, "fair_value": 11.873471, "relative_strength": -10.798831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.653657, "energy": 80.519809, "activity_lines": [ 9.66113, 9.994106, 10.261475, 10.551524 ] }, { "date": "2024-02-09", "close": 9.643435, "volume": 171740500, "typical_volume": 107919740.0, "trend": 10.90072, "fair_value": 11.864302, "relative_strength": -9.241055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.547848, "energy": 79.233504, "activity_lines": [ 9.572658, 9.892766, 10.182272, 10.465054 ] }, { "date": "2024-02-16", "close": 9.643435, "volume": 50982400, "typical_volume": 104635895.0, "trend": 10.814803, "fair_value": 11.855658, "relative_strength": -8.943909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.818745, "energy": 74.906612, "activity_lines": [ 9.554964, 9.805902, 10.111494, 10.383938 ] }, { "date": "2024-02-23", "close": 9.731908, "volume": 59810500, "typical_volume": 99779730.0, "trend": 10.728927, "fair_value": 11.848107, "relative_strength": -8.734515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.677205, "energy": 48.989741, "activity_lines": [ 9.625741, 9.752819, 10.055883, 10.314074 ] }, { "date": "2024-03-01", "close": 9.643435, "volume": 111534100, "typical_volume": 102324030.0, "trend": 10.65174, "fair_value": 11.836834, "relative_strength": -7.442173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.223983, "energy": 41.422047, "activity_lines": [ 9.655232, 9.699736, 9.997323, 10.244042 ] }, { "date": "2024-03-08", "close": 9.908851, "volume": 94236300, "typical_volume": 101793350.0, "trend": 10.5834, "fair_value": 11.82516, "relative_strength": -6.108087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.499667, "energy": 29.472179, "activity_lines": [ 9.749602, 9.709387, 9.969518, 10.196114 ] }, { "date": "2024-03-15", "close": 9.820379, "volume": 54714500, "typical_volume": 100335430.0, "trend": 10.517931, "fair_value": 11.812392, "relative_strength": -6.72419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.755373, "energy": 24.643479, "activity_lines": [ 9.78499, 9.710996, 9.936657, 10.146887 ] }, { "date": "2024-03-22", "close": 9.731908, "volume": 79079300, "typical_volume": 97704620.0, "trend": 10.440784, "fair_value": 11.798005, "relative_strength": -7.070114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.69913, "energy": 23.222667, "activity_lines": [ 9.779092, 9.712604, 9.897476, 10.096176 ] }, { "date": "2024-03-29", "close": 9.37802, "volume": 70608300, "typical_volume": 92404990.0, "trend": 10.357659, "fair_value": 11.779773, "relative_strength": -10.044835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.228205, "energy": 33.605404, "activity_lines": [ 9.649334, 9.664347, 9.827963, 10.02761 ] }, { "date": "2024-04-05", "close": 9.289549, "volume": 82427900, "typical_volume": 91402005.0, "trend": 10.271586, "fair_value": 11.763603, "relative_strength": -10.49044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.761554, "energy": 40.397062, "activity_lines": [ 9.513677, 9.603221, 9.756343, 9.9587 ] }, { "date": "2024-04-12", "close": 9.643435, "volume": 97882300, "typical_volume": 93467770.0, "trend": 10.197859, "fair_value": 11.751804, "relative_strength": -8.273949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.59392, "energy": 35.364037, "activity_lines": [ 9.519575, 9.606438, 9.725588, 9.918174 ] }, { "date": "2024-04-19", "close": 9.289549, "volume": 46362300, "typical_volume": 88898500.0, "trend": 10.127082, "fair_value": 11.737744, "relative_strength": -7.235446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.24138, "energy": 51.134685, "activity_lines": [ 9.425205, 9.542095, 9.665343, 9.859573 ] }, { "date": "2024-04-26", "close": 9.217257, "volume": 107000300, "typical_volume": 91341375.0, "trend": 10.065691, "fair_value": 11.721621, "relative_strength": -9.561994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.424784, "energy": 54.291201, "activity_lines": [ 9.342127, 9.471043, 9.60369, 9.800875 ] }, { "date": "2024-05-03", "close": 9.488351, "volume": 105805200, "typical_volume": 92339590.0, "trend": 10.019235, "fair_value": 11.708302, "relative_strength": -7.304865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.138952, "energy": 35.582953, "activity_lines": [ 9.383723, 9.457028, 9.574519, 9.763627 ] }, { "date": "2024-05-10", "close": 9.126891, "volume": 111974600, "typical_volume": 93654315.0, "trend": 9.963679, "fair_value": 11.6948, "relative_strength": -10.630359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.375372, "energy": 49.881371, "activity_lines": [ 9.297478, 9.381722, 9.516296, 9.706057 ] }, { "date": "2024-05-17", "close": 9.217257, "volume": 179328900, "typical_volume": 97968545.0, "trend": 9.917033, "fair_value": 11.681344, "relative_strength": -10.110459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.11542, "energy": 40.240489, "activity_lines": [ 9.252198, 9.332238, 9.47293, 9.657901 ] }, { "date": "2024-05-24", "close": 8.900979, "volume": 135126500, "typical_volume": 102103725.0, "trend": 9.871641, "fair_value": 11.664794, "relative_strength": -11.702808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.693774, "energy": 49.668954, "activity_lines": [ 9.129904, 9.237824, 9.404843, 9.592349 ] }, { "date": "2024-05-31", "close": 8.675065, "volume": 66815000, "typical_volume": 102401005.0, "trend": 9.81282, "fair_value": 11.645195, "relative_strength": -12.416453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.541603, "energy": 75.012553, "activity_lines": [ 8.95821, 9.11905, 9.323831, 9.51515 ] }, { "date": "2024-06-07", "close": 8.5847, "volume": 130944700, "typical_volume": 99611890.0, "trend": 9.74214, "fair_value": 11.621816, "relative_strength": -12.18919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.563083, "energy": 81.171991, "activity_lines": [ 8.79254, 9.003062, 9.243037, 9.435917 ] }, { "date": "2024-06-14", "close": 8.178056, "volume": 142469100, "typical_volume": 100194545.0, "trend": 9.654957, "fair_value": 11.595831, "relative_strength": -14.330729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.616562, "energy": 90.644367, "activity_lines": [ 8.551566, 8.827563, 9.128136, 9.335008 ] }, { "date": "2024-06-21", "close": 7.90696, "volume": 170224300, "typical_volume": 103453350.0, "trend": 9.567584, "fair_value": 11.568642, "relative_strength": -16.721157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.001643, "energy": 94.022817, "activity_lines": [ 8.283482, 8.622982, 8.992708, 9.222234 ] }, { "date": "2024-06-28", "close": 8.358786, "volume": 69310000, "typical_volume": 98331825.0, "trend": 9.49822, "fair_value": 11.543815, "relative_strength": -11.192808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.027248, "energy": 83.664999, "activity_lines": [ 8.25336, 8.532124, 8.907738, 9.144247 ] }, { "date": "2024-07-05", "close": 8.268419, "volume": 124251000, "typical_volume": 101995255.0, "trend": 9.419947, "fair_value": 11.522677, "relative_strength": -12.477384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.412892, "energy": 75.802072, "activity_lines": [ 8.229262, 8.441758, 8.820279, 9.064905 ] }, { "date": "2024-07-12", "close": 8.313603, "volume": 74641700, "typical_volume": 102736815.0, "trend": 9.343179, "fair_value": 11.501294, "relative_strength": -12.916157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.06807, "energy": 59.146627, "activity_lines": [ 8.247335, 8.376859, 8.743671, 8.993528 ] }, { "date": "2024-07-19", "close": 8.087689, "volume": 91541400, "typical_volume": 101737180.0, "trend": 9.264779, "fair_value": 11.480064, "relative_strength": -13.896543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.738673, "energy": 57.033636, "activity_lines": [ 8.208176, 8.292244, 8.652301, 8.912529 ] }, { "date": "2024-07-26", "close": 8.132874, "volume": 72334500, "typical_volume": 100642090.0, "trend": 9.190835, "fair_value": 11.461256, "relative_strength": -12.343188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.513724, "energy": 53.927092, "activity_lines": [ 8.190104, 8.234739, 8.572643, 8.839502 ] }, { "date": "2024-08-02", "close": 8.087689, "volume": 87705000, "typical_volume": 102291615.0, "trend": 9.103588, "fair_value": 11.444827, "relative_strength": -12.829064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.693179, "energy": 54.650831, "activity_lines": [ 8.141909, 8.188735, 8.497139, 8.768332 ] }, { "date": "2024-08-09", "close": 7.138855, "volume": 200519800, "typical_volume": 108363640.0, "trend": 8.990611, "fair_value": 11.422848, "relative_strength": -21.618347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.960546, "energy": 80.805536, "activity_lines": [ 7.795509, 7.985002, 8.33952, 8.641575 ] }, { "date": "2024-08-16", "close": 7.22922, "volume": 74417800, "typical_volume": 108554115.0, "trend": 8.913087, "fair_value": 11.397714, "relative_strength": -20.50643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.533188, "energy": 89.685542, "activity_lines": [ 7.554535, 7.825631, 8.202855, 8.527937 ] }, { "date": "2024-08-23", "close": 8.223238, "volume": 174822100, "typical_volume": 113173825.0, "trend": 8.877543, "fair_value": 11.376286, "relative_strength": -12.6403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.744842, "energy": 56.977512, "activity_lines": [ 7.717192, 7.871635, 8.171091, 8.48343 ] }, { "date": "2024-08-30", "close": 8.178056, "volume": 385945900, "typical_volume": 127577005.0, "trend": 8.834595, "fair_value": 11.353501, "relative_strength": -13.007035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.934405, "energy": 47.176223, "activity_lines": [ 7.855753, 7.908603, 8.140102, 8.438302 ] }, { "date": "2024-09-06", "close": 9.669082, "volume": 293360100, "typical_volume": 139926895.0, "trend": 8.83545, "fair_value": 11.342408, "relative_strength": -1.840814, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 1.057834, "energy": 12.72106, "activity_lines": [ 8.48831, 8.211737, 8.258093, 8.49214 ] }, { "date": "2024-09-13", "close": 9.834523, "volume": 236027000, "typical_volume": 146378230.0, "trend": 8.841819, "fair_value": 11.330672, "relative_strength": 0.285571, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.183136, "energy": 45.008675, "activity_lines": [ 9.070587, 8.521128, 8.390033, 8.556596 ] }, { "date": "2024-09-20", "close": 9.834523, "volume": 48328500, "typical_volume": 143504395.0, "trend": 8.84524, "fair_value": 11.318398, "relative_strength": -1.401745, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.012435, "energy": 50.685679, "activity_lines": [ 9.473154, 8.802044, 8.519034, 8.620642 ] }, { "date": "2024-09-27", "close": 9.926435, "volume": 207412100, "typical_volume": 148276270.0, "trend": 8.854673, "fair_value": 11.308865, "relative_strength": -0.18721, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.436078, "energy": 70.771414, "activity_lines": [ 9.73267, 9.072019, 8.65514, 8.690396 ] }, { "date": "2024-10-04", "close": 9.558788, "volume": 160030000, "typical_volume": 147311325.0, "trend": 8.843005, "fair_value": 11.292134, "relative_strength": -3.234485, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.197943, "energy": 70.853413, "activity_lines": [ 9.756092, 9.241717, 8.752425, 8.735823 ] }, { "date": "2024-10-11", "close": 9.6507, "volume": 128972000, "typical_volume": 147003600.0, "trend": 8.837349, "fair_value": 11.277606, "relative_strength": -3.785113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.841972, "energy": 61.05621, "activity_lines": [ 9.718102, 9.4022, 8.856836, 8.787932 ] }, { "date": "2024-10-18", "close": 9.6507, "volume": 75512800, "typical_volume": 147438490.0, "trend": 8.834642, "fair_value": 11.262001, "relative_strength": -4.760946, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.761342, "energy": 50.335861, "activity_lines": [ 9.681337, 9.534265, 8.957678, 8.840407 ] }, { "date": "2024-10-25", "close": 8.777542, "volume": 194696300, "typical_volume": 150626070.0, "trend": 8.814626, "fair_value": 11.239724, "relative_strength": -11.466028, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 39.530048, "energy": 27.837658, "activity_lines": [ 9.365775, 9.461905, 8.970716, 8.836723 ] }, { "date": "2024-11-01", "close": 8.777542, "volume": 145030900, "typical_volume": 150754160.0, "trend": 8.797559, "fair_value": 11.214219, "relative_strength": -11.168892, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.531394, "energy": 19.741384, "activity_lines": [ 9.120678, 9.361392, 8.982835, 8.83433 ] }, { "date": "2024-11-08", "close": 8.915408, "volume": 129500700, "typical_volume": 148717980.0, "trend": 8.773291, "fair_value": 11.189598, "relative_strength": -9.388158, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.501265, "energy": 22.870871, "activity_lines": [ 8.998129, 9.275869, 9.00523, 8.841933 ] }, { "date": "2024-11-15", "close": 8.639674, "volume": 122600900, "typical_volume": 151382525.0, "trend": 8.751629, "fair_value": 11.165361, "relative_strength": -10.428616, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.594616, "energy": 21.157651, "activity_lines": [ 8.826561, 9.126805, 8.996563, 8.833313 ] }, { "date": "2024-11-22", "close": 9.00732, "volume": 98051218, "typical_volume": 150072535.9, "trend": 8.744631, "fair_value": 11.14617, "relative_strength": -6.502791, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.606634, "energy": 20.106298, "activity_lines": [ 8.844943, 9.063302, 9.021571, 8.849809 ] }, { "date": "2024-11-29", "close": 8.685631, "volume": 117920400, "typical_volume": 152236470.9, "trend": 8.717873, "fair_value": 11.126532, "relative_strength": -8.265463, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.073897, "energy": 12.747726, "activity_lines": [ 8.798988, 8.956351, 9.012425, 8.846003 ] }, { "date": "2024-12-06", "close": 8.915408, "volume": 67509100, "typical_volume": 151034855.9, "trend": 8.710824, "fair_value": 11.106214, "relative_strength": -7.005059, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.887194, "energy": 13.721839, "activity_lines": [ 8.835752, 8.912066, 9.02339, 8.858747 ] }, { "date": "2024-12-13", "close": 8.961365, "volume": 58408500, "typical_volume": 150338555.9, "trend": 8.702294, "fair_value": 11.084577, "relative_strength": -4.820389, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.882293, "energy": 8.880154, "activity_lines": [ 8.878644, 8.89452, 9.03479, 8.874911 ] }, { "date": "2024-12-20", "close": 8.501807, "volume": 225566200, "typical_volume": 157231615.9, "trend": 8.688989, "fair_value": 11.061608, "relative_strength": -4.961852, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.452814, "energy": 15.105699, "activity_lines": [ 8.765287, 8.804279, 8.998478, 8.861976 ] }, { "date": "2024-12-27", "close": 8.869453, "volume": 120573400, "typical_volume": 153234295.9, "trend": 8.695468, "fair_value": 11.040458, "relative_strength": -3.14738, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.270647, "energy": 11.457692, "activity_lines": [ 8.783669, 8.801773, 8.995208, 8.873619 ] }, { "date": "2025-01-03", "close": 8.639674, "volume": 60304500, "typical_volume": 152528630.9, "trend": 8.697301, "fair_value": 11.019987, "relative_strength": -4.164035, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.774893, "energy": 11.68847, "activity_lines": [ 8.734649, 8.771693, 8.961813, 8.870019 ] }, { "date": "2025-01-10", "close": 8.272029, "volume": 148500500, "typical_volume": 151212550.9, "trend": 8.700433, "fair_value": 10.996621, "relative_strength": -6.731237, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.361349, "energy": 34.432604, "activity_lines": [ 8.566145, 8.677275, 8.886687, 8.842583 ] }, { "date": "2025-01-17", "close": 8.317985, "volume": 200813900, "typical_volume": 141955950.9, "trend": 8.714134, "fair_value": 10.974088, "relative_strength": -4.097986, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.408603, "energy": 32.794091, "activity_lines": [ 8.455852, 8.600403, 8.815707, 8.817908 ] }, { "date": "2025-01-24", "close": 8.180117, "volume": 86964100, "typical_volume": 131636150.9, "trend": 8.708178, "fair_value": 10.951208, "relative_strength": -6.415361, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.423946, "energy": 47.731456, "activity_lines": [ 8.342494, 8.509327, 8.730929, 8.783456 ] }, { "date": "2025-01-31", "close": 8.042251, "volume": 85398700, "typical_volume": 124104735.9, "trend": 8.700639, "fair_value": 10.926908, "relative_strength": -5.018811, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.308626, "energy": 54.537232, "activity_lines": [ 8.204627, 8.40154, 8.640112, 8.740493 ] }, { "date": "2025-02-07", "close": 7.674605, "volume": 142799300, "typical_volume": 128828275.9, "trend": 8.679339, "fair_value": 10.895946, "relative_strength": -6.802465, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.99104, "energy": 70.747102, "activity_lines": [ 7.999359, 8.244456, 8.522816, 8.674297 ] }, { "date": "2025-02-14", "close": 7.674605, "volume": 135111900, "typical_volume": 125213265.9, "trend": 8.66557, "fair_value": 10.863909, "relative_strength": -5.81017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.66377, "energy": 72.190537, "activity_lines": [ 7.858428, 8.105753, 8.415805, 8.609475 ] }, { "date": "2025-02-21", "close": 7.904383, "volume": 120298400, "typical_volume": 123226685.9, "trend": 8.657954, "fair_value": 10.832807, "relative_strength": -0.7907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.479224, "energy": 65.441936, "activity_lines": [ 7.833918, 8.031388, 8.3414, 8.560367 ] }, { "date": "2025-02-28", "close": 7.766516, "volume": 135345900, "typical_volume": 123545380.9, "trend": 8.647248, "fair_value": 10.796517, "relative_strength": 1.10233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.889911, "energy": 59.168903, "activity_lines": [ 7.791026, 7.951175, 8.261744, 8.502854 ] }, { "date": "2025-03-07", "close": 7.444827, "volume": 155085400, "typical_volume": 127524010.9, "trend": 8.657447, "fair_value": 10.755475, "relative_strength": -2.669407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.599709, "energy": 55.994988, "activity_lines": [ 7.668478, 7.825841, 8.160422, 8.425279 ] }, { "date": "2025-03-14", "close": 7.123136, "volume": 153977300, "typical_volume": 125488060.9, "trend": 8.653911, "fair_value": 10.716675, "relative_strength": -4.338262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.731993, "energy": 59.719419, "activity_lines": [ 7.478527, 7.66792, 8.038968, 8.326291 ] }, { "date": "2025-03-21", "close": 7.536737, "volume": 180936700, "typical_volume": 127283350.9, "trend": 8.631027, "fair_value": 10.681064, "relative_strength": 0.331674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.130785, "energy": 54.175088, "activity_lines": [ 7.463208, 7.612773, 7.964782, 8.254215 ] }, { "date": "2025-03-28", "close": 7.674605, "volume": 236945400, "typical_volume": 132655585.9, "trend": 8.614246, "fair_value": 10.643647, "relative_strength": 3.223802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.799498, "energy": 44.338545, "activity_lines": [ 7.503037, 7.596062, 7.909635, 8.192511 ] }, { "date": "2025-04-04", "close": 7.72056, "volume": 234434700, "typical_volume": 138247275.9, "trend": 8.549295, "fair_value": 10.604911, "relative_strength": 8.44269, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.811942, "energy": 37.662663, "activity_lines": [ 7.573502, 7.599404, 7.864774, 8.134854 ] }, { "date": "2025-04-11", "close": 8.180117, "volume": 171696800, "typical_volume": 141929555.0, "trend": 8.494148, "fair_value": 10.569659, "relative_strength": 14.427585, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.398905, "energy": 17.751682, "activity_lines": [ 7.800217, 7.694658, 7.868056, 8.111036 ] }, { "date": "2025-04-18", "close": 8.455852, "volume": 67650700, "typical_volume": 139416070.0, "trend": 8.448192, "fair_value": 10.539973, "relative_strength": 15.862679, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.07624, "energy": 15.447669, "activity_lines": [ 8.069824, 7.837538, 7.901538, 8.108565 ] }, { "date": "2025-04-25", "close": 7.896414, "volume": 196307600, "typical_volume": 145855995.0, "trend": 8.380525, "fair_value": 10.508881, "relative_strength": 7.434172, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.706826, "energy": 18.783701, "activity_lines": [ 8.064104, 7.864499, 7.882835, 8.072966 ] }, { "date": "2025-05-02", "close": 7.943698, "volume": 92095000, "typical_volume": 147540320.0, "trend": 8.326689, "fair_value": 10.480815, "relative_strength": 4.56904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.772324, "energy": 15.036674, "activity_lines": [ 8.050166, 7.896023, 7.873487, 8.044784 ] }, { "date": "2025-05-09", "close": 7.470859, "volume": 225449600, "typical_volume": 147534490.0, "trend": 8.254027, "fair_value": 10.449174, "relative_strength": -2.483577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.843775, "energy": 14.204657, "activity_lines": [ 7.860677, 7.840861, 7.823953, 7.989569 ] }, { "date": "2025-05-16", "close": 7.470859, "volume": 107370900, "typical_volume": 146874365.0, "trend": 8.181366, "fair_value": 10.416988, "relative_strength": -1.120672, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.454123, "energy": 28.889808, "activity_lines": [ 7.687834, 7.791076, 7.779328, 7.939042 ] }, { "date": "2025-05-23", "close": 7.281723, "volume": 143563800, "typical_volume": 151037330.0, "trend": 8.131505, "fair_value": 10.384678, "relative_strength": -1.934258, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.459168, "energy": 53.127507, "activity_lines": [ 7.499229, 7.706428, 7.72335, 7.881001 ] }, { "date": "2025-05-30", "close": 7.281723, "volume": 125420000, "typical_volume": 149883305.0, "trend": 8.081645, "fair_value": 10.352369, "relative_strength": 0.418881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.858856, "energy": 62.019476, "activity_lines": [ 7.3889, 7.618898, 7.673838, 7.826176 ] }, { "date": "2025-06-06", "close": 7.139872, "volume": 37565100, "typical_volume": 141720865.0, "trend": 8.02246, "fair_value": 10.321875, "relative_strength": -0.384462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.462758, "energy": 67.401923, "activity_lines": [ 7.272267, 7.510212, 7.615533, 7.765416 ] }, { "date": "2025-06-13", "close": 6.430613, "volume": 106559200, "typical_volume": 142700620.0, "trend": 7.948825, "fair_value": 10.290646, "relative_strength": -9.035419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.054827, "energy": 79.766536, "activity_lines": [ 6.972802, 7.282293, 7.495289, 7.662717 ] }, { "date": "2025-06-20", "close": 5.626786, "volume": 327320200, "typical_volume": 154796695.0, "trend": 7.83614, "fair_value": 10.2559, "relative_strength": -16.100021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.21053, "energy": 91.421191, "activity_lines": [ 6.474744, 6.931677, 7.306821, 7.512908 ] }, { "date": "2025-06-27", "close": 6.241477, "volume": 378767700, "typical_volume": 166595115.0, "trend": 7.754669, "fair_value": 10.226728, "relative_strength": -8.020584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.042346, "energy": 85.146962, "activity_lines": [ 6.304522, 6.739248, 7.188398, 7.410026 ] }, { "date": "2025-07-04", "close": 6.005057, "volume": 261874300, "typical_volume": 172933235.0, "trend": 7.657657, "fair_value": 10.194406, "relative_strength": -14.221994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.086077, "energy": 88.21561, "activity_lines": [ 6.124843, 6.544094, 7.054282, 7.297148 ] }, { "date": "2025-07-11", "close": 6.194193, "volume": 145697600, "typical_volume": 174203195.0, "trend": 7.565418, "fair_value": 10.163841, "relative_strength": -11.419037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.355519, "energy": 84.963458, "activity_lines": [ 6.093321, 6.417717, 6.94613, 7.202731 ] }, { "date": "2025-07-18", "close": 7.329007, "volume": 294890100, "typical_volume": 182180405.0, "trend": 7.526324, "fair_value": 10.138917, "relative_strength": -2.593207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.947725, "energy": 40.915096, "activity_lines": [ 6.503115, 6.529479, 6.954199, 7.187479 ] }, { "date": "2025-07-25", "close": 6.808884, "volume": 295271300, "typical_volume": 189189700.0, "trend": 7.457639, "fair_value": 10.110113, "relative_strength": -10.117907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.928978, "energy": 28.07879, "activity_lines": [ 6.679641, 6.549252, 6.914816, 7.141192 ] }, { "date": "2025-08-01", "close": 6.619748, "volume": 191799200, "typical_volume": 191080795.0, "trend": 7.390308, "fair_value": 10.079008, "relative_strength": -12.503027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.189402, "energy": 23.360069, "activity_lines": [ 6.714316, 6.546673, 6.860448, 7.087135 ] }, { "date": "2025-08-08", "close": 6.619748, "volume": 427454500, "typical_volume": 203406685.0, "trend": 7.335232, "fair_value": 10.047358, "relative_strength": -15.269589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.965325, "energy": 24.50652, "activity_lines": [ 6.723773, 6.55613, 6.808478, 7.037421 ] }, { "date": "2025-08-15", "close": 6.477896, "volume": 172298900, "typical_volume": 200174360.0, "trend": 7.273896, "fair_value": 10.01262, "relative_strength": -17.004227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.110141, "energy": 23.476056, "activity_lines": [ 6.644966, 6.551831, 6.747364, 6.982109 ] }, { "date": "2025-08-22", "close": 6.667032, "volume": 332101700, "typical_volume": 205057710.0, "trend": 7.223459, "fair_value": 9.979639, "relative_strength": -13.969771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.081441, "energy": 23.392995, "activity_lines": [ 6.610291, 6.593957, 6.709962, 6.942957 ] }, { "date": "2025-08-29", "close": 6.714316, "volume": 827286800, "typical_volume": 237837210.0, "trend": 7.179195, "fair_value": 9.947506, "relative_strength": -12.023135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.975684, "energy": 23.688879, "activity_lines": [ 6.635509, 6.640381, 6.68208, 6.910109 ] }, { "date": "2025-09-05", "close": 7.281723, "volume": 363998500, "typical_volume": 252654600.0, "trend": 7.166099, "fair_value": 9.917921, "relative_strength": -6.418882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.568798, "energy": 5.881101, "activity_lines": [ 6.856168, 6.770197, 6.715217, 6.916723 ] }, { "date": "2025-09-12", "close": 7.288425, "volume": 179548500, "typical_volume": 251816645.0, "trend": 7.153226, "fair_value": 9.888563, "relative_strength": -8.054437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.445895, "energy": 12.299759, "activity_lines": [ 7.034928, 6.882318, 6.754583, 6.924615 ] }, { "date": "2025-09-19", "close": 7.384961, "volume": 179255000, "typical_volume": 256174645.0, "trend": 7.135912, "fair_value": 9.861478, "relative_strength": -6.460042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.966948, "energy": 30.913784, "activity_lines": [ 7.201289, 6.988657, 6.806038, 6.939566 ] }, { "date": "2025-09-26", "close": 7.240158, "volume": 139835100, "typical_volume": 251893920.0, "trend": 7.118367, "fair_value": 9.833466, "relative_strength": -6.944887, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.276242, "energy": 41.505442, "activity_lines": [ 7.258911, 7.047017, 6.846363, 6.946292 ] }, { "date": "2025-10-03", "close": 7.095354, "volume": 111753100, "typical_volume": 252113030.0, "trend": 7.106718, "fair_value": 9.803973, "relative_strength": -9.530133, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.243126, "energy": 37.103958, "activity_lines": [ 7.230057, 7.080666, 6.873996, 6.944807 ] }, { "date": "2025-10-10", "close": 6.998819, "volume": 79786300, "typical_volume": 248924155.0, "trend": 7.102574, "fair_value": 9.774413, "relative_strength": -9.979628, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.736718, "energy": 16.63579, "activity_lines": [ 7.143622, 7.091553, 6.894223, 6.937846 ] }, { "date": "2025-10-17", "close": 6.660945, "volume": 132460500, "typical_volume": 249276180.0, "trend": 7.073381, "fair_value": 9.739931, "relative_strength": -13.147849, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.271773, "energy": 17.406624, "activity_lines": [ 6.963423, 7.034117, 6.883618, 6.909354 ] }, { "date": "2025-10-24", "close": 6.660945, "volume": 114779200, "typical_volume": 253136885.0, "trend": 7.039592, "fair_value": 9.702692, "relative_strength": -15.494914, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.142541, "energy": 26.928688, "activity_lines": [ 6.825055, 6.975932, 6.87597, 6.882745 ] }, { "date": "2025-10-31", "close": 6.323071, "volume": 175008400, "typical_volume": 256559345.0, "trend": 6.993009, "fair_value": 9.663839, "relative_strength": -19.209203, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.310513, "energy": 36.414615, "activity_lines": [ 6.622331, 6.852987, 6.838424, 6.836518 ] }, { "date": "2025-11-07", "close": 5.840394, "volume": 189906700, "typical_volume": 249688670.0, "trend": 6.915018, "fair_value": 9.619686, "relative_strength": -24.609829, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -82.081036, "energy": 74.584525, "activity_lines": [ 6.319853, 6.648537, 6.755421, 6.762155 ] }, { "date": "2025-11-14", "close": 5.69559, "volume": 213955500, "typical_volume": 241448060.0, "trend": 6.82301, "fair_value": 9.574605, "relative_strength": -24.161566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.808805, "energy": 82.239464, "activity_lines": [ 6.052772, 6.433648, 6.65761, 6.683483 ] }, { "date": "2025-11-21", "close": 5.599055, "volume": 140858800, "typical_volume": 235397285.0, "trend": 6.746431, "fair_value": 9.531111, "relative_strength": -24.128721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.306315, "energy": 86.178868, "activity_lines": [ 5.840394, 6.230046, 6.553204, 6.604518 ] }, { "date": "2025-11-28", "close": 6.178268, "volume": 254637400, "typical_volume": 240844275.0, "trend": 6.687583, "fair_value": 9.489124, "relative_strength": -16.112222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.674117, "energy": 77.250417, "activity_lines": [ 5.891879, 6.162471, 6.505895, 6.567862 ] }, { "date": "2025-12-05", "close": 6.178268, "volume": 86833600, "typical_volume": 230441450.0, "trend": 6.644497, "fair_value": 9.449343, "relative_strength": -16.885289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.101793, "energy": 65.810622, "activity_lines": [ 5.975543, 6.116836, 6.458662, 6.535003 ] }, { "date": "2025-12-12", "close": 6.13, "volume": 124183000, "typical_volume": 221887035.0, "trend": 6.599802, "fair_value": 9.405944, "relative_strength": -15.860946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.016374, "energy": 42.926528, "activity_lines": [ 6.052772, 6.081732, 6.412312, 6.50181 ] }, { "date": "2025-12-19", "close": 6.081732, "volume": 103099300, "typical_volume": 217452040.0, "trend": 6.559802, "fair_value": 9.360582, "relative_strength": -16.014907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.242132, "energy": 29.0886, "activity_lines": [ 6.094604, 6.055404, 6.364597, 6.468386 ] }, { "date": "2025-12-26", "close": 6.323071, "volume": 156432900, "typical_volume": 203900960.0, "trend": 6.527847, "fair_value": 9.315664, "relative_strength": -12.792561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.231464, "energy": 22.220889, "activity_lines": [ 6.191139, 6.089631, 6.342429, 6.453113 ] }, { "date": "2026-01-02", "close": 6.419606, "volume": 37399900, "typical_volume": 197156010.0, "trend": 6.503838, "fair_value": 9.270263, "relative_strength": -11.151543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.441293, "energy": 20.613111, "activity_lines": [ 6.271585, 6.147552, 6.330867, 6.44613 ] }, { "date": "2026-01-09", "close": 6.419606, "volume": 93508900, "typical_volume": 185226370.0, "trend": 6.503471, "fair_value": 9.226516, "relative_strength": -10.477706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.474286, "energy": 20.786046, "activity_lines": [ 6.335942, 6.209861, 6.319584, 6.440695 ] }, { "date": "2026-01-16", "close": 6.612677, "volume": 193951000, "typical_volume": 153559580.0, "trend": 6.536334, "fair_value": 9.187865, "relative_strength": -9.028045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.954177, "energy": 17.040734, "activity_lines": [ 6.448567, 6.305519, 6.327866, 6.447741 ] }, { "date": "2026-01-23", "close": 6.467874, "volume": 163790700, "typical_volume": 143549190.0, "trend": 6.543881, "fair_value": 9.148286, "relative_strength": -13.318363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.481317, "energy": 16.498816, "activity_lines": [ 6.480745, 6.360807, 6.322841, 6.443324 ] }, { "date": "2026-01-30", "close": 6.854016, "volume": 199217500, "typical_volume": 144532640.0, "trend": 6.572179, "fair_value": 9.11008, "relative_strength": -8.628166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.701387, "energy": 27.72237, "activity_lines": [ 6.615895, 6.472262, 6.358467, 6.463333 ] }, { "date": "2026-02-06", "close": 6.56441, "volume": 206406100, "typical_volume": 145890195.0, "trend": 6.58452, "fair_value": 9.070017, "relative_strength": -13.991217, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.580854, "energy": 23.558185, "activity_lines": [ 6.619113, 6.508243, 6.36858, 6.462831 ] }, { "date": "2026-02-13", "close": 6.805748, "volume": 484440300, "typical_volume": 163120455.0, "trend": 6.567078, "fair_value": 9.032604, "relative_strength": -15.223064, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.6749, "energy": 40.707776, "activity_lines": [ 6.693124, 6.581084, 6.405586, 6.477104 ] }, { "date": "2026-02-20", "close": 6.998819, "volume": 367597400, "typical_volume": 175912670.0, "trend": 6.573409, "fair_value": 8.997531, "relative_strength": -15.254351, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.056446, "energy": 47.020461, "activity_lines": [ 6.805748, 6.677619, 6.463047, 6.504958 ] }, { "date": "2026-02-27", "close": 7.143622, "volume": 300336800, "typical_volume": 186940195.0, "trend": 6.590872, "fair_value": 8.966694, "relative_strength": -15.732739, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.808543, "energy": 48.773583, "activity_lines": [ 6.940898, 6.784686, 6.534759, 6.541746 ] }, { "date": "2026-03-06", "close": 6.323071, "volume": 362391900, "typical_volume": 198436765.0, "trend": 6.580982, "fair_value": 8.930046, "relative_strength": -18.695354, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.664903, "energy": 18.217885, "activity_lines": [ 6.75748, 6.723254, 6.527634, 6.524469 ] }, { "date": "2026-03-13", "close": 6.081732, "volume": 238636800, "typical_volume": 204629645.0, "trend": 6.567777, "fair_value": 8.889645, "relative_strength": -21.260505, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.823076, "energy": 7.425837, "activity_lines": [ 6.529013, 6.617943, 6.499133, 6.492259 ] }, { "date": "2026-03-20", "close": 5.888661, "volume": 162163100, "typical_volume": 203987380.0, "trend": 6.541831, "fair_value": 8.848559, "relative_strength": -24.423293, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.059172, "energy": 30.453649, "activity_lines": [ 6.268367, 6.483671, 6.455003, 6.448445 ] }, { "date": "2026-03-27", "close": 5.840394, "volume": 189395400, "typical_volume": 203961815.0, "trend": 6.5127, "fair_value": 8.806611, "relative_strength": -25.110757, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.473845, "energy": 45.657888, "activity_lines": [ 6.052772, 6.350276, 6.408344, 6.403191 ] }, { "date": "2026-04-03", "close": 5.985197, "volume": 184902700, "typical_volume": 202509175.0, "trend": 6.469483, "fair_value": 8.765592, "relative_strength": -22.865291, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.30084, "energy": 55.594412, "activity_lines": [ 5.962672, 6.257251, 6.375476, 6.369159 ] }, { "date": "2026-04-10", "close": 6.081732, "volume": 85353200, "typical_volume": 199733895.0, "trend": 6.42926, "fair_value": 8.725743, "relative_strength": -23.484157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.407783, "energy": 55.261106, "activity_lines": [ 5.981979, 6.190554, 6.350423, 6.344143 ] }, { "date": "2026-04-17", "close": 6.081732, "volume": 34371300, "typical_volume": 188720590.0, "trend": 6.385819, "fair_value": 8.689187, "relative_strength": -21.294337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.636311, "energy": 44.026673, "activity_lines": [ 6.017375, 6.137898, 6.323071, 6.321721 ] }, { "date": "2026-04-24", "close": 6.1, "volume": 159697400, "typical_volume": 192363780.0, "trend": 6.347814, "fair_value": 8.64995, "relative_strength": -18.84374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.264957, "energy": 29.986533, "activity_lines": [ 6.058861, 6.09734, 6.297919, 6.303281 ] }, { "date": "2026-05-01", "close": 6.05, "volume": 75214900, "typical_volume": 189915375.0, "trend": 6.312968, "fair_value": 8.609274, "relative_strength": -20.774563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.690931, "energy": 23.956318, "activity_lines": [ 6.06959, 6.060522, 6.268377, 6.284068 ] }, { "date": "2026-05-08", "close": 6.05, "volume": 106746300, "typical_volume": 190097725.0, "trend": 6.281341, "fair_value": 8.566919, "relative_strength": -20.487584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.59459, "energy": 23.269099, "activity_lines": [ 6.066346, 6.040956, 6.239217, 6.267102 ] }, { "date": "2026-05-15", "close": 6.0, "volume": 138662800, "typical_volume": 189209220.0, "trend": 6.25931, "fair_value": 8.526482, "relative_strength": -21.374216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.214973, "energy": 25.102144, "activity_lines": [ 6.042115, 6.032183, 6.205445, 6.248951 ] }, { "date": "2026-05-22", "close": 6.0, "volume": 203757100, "typical_volume": 197527080.0, "trend": 6.237278, "fair_value": 8.486604, "relative_strength": -21.747345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.811303, "energy": 32.572943, "activity_lines": [ 6.023333, 6.029284, 6.173213, 6.232221 ] }, { "date": "2026-05-29", "close": 6.05, "volume": 141307600, "typical_volume": 199917015.0, "trend": 6.228176, "fair_value": 8.448166, "relative_strength": -21.841738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.342049, "energy": 31.35817, "activity_lines": [ 6.026667, 6.036962, 6.14774, 6.220139 ] }, { "date": "2026-06-05", "close": 6.05, "volume": 16333300, "typical_volume": 191036130.0, "trend": 6.235163, "fair_value": 8.409728, "relative_strength": -21.794923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.245719, "energy": 36.540632, "activity_lines": [ 6.033333, 6.041706, 6.124027, 6.208644 ] }, { "date": "2026-06-12", "close": 6.0, "volume": 34440700, "typical_volume": 184568630.0, "trend": 6.24531, "fair_value": 8.37041, "relative_strength": -22.320086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.622646, "energy": 39.138388, "activity_lines": [ 6.023333, 6.033549, 6.098232, 6.193472 ] }, { "date": "2026-06-19", "close": 6.15, "volume": 32870400, "typical_volume": 176251275.0, "trend": 6.263675, "fair_value": 8.332054, "relative_strength": -18.933052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.03436, "energy": 21.022288, "activity_lines": [ 6.066667, 6.052395, 6.08895, 6.187323 ] }, { "date": "2026-06-26", "close": 6.55, "volume": 62908900, "typical_volume": 169076415.0, "trend": 6.276066, "fair_value": 8.295702, "relative_strength": -11.435649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.138737, "energy": 16.978318, "activity_lines": [ 6.233333, 6.142727, 6.121116, 6.205795 ] }, { "date": "2026-07-03", "close": 6.55, "volume": 31849700, "typical_volume": 146446885.0, "trend": 6.288457, "fair_value": 8.260469, "relative_strength": -14.781736, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.394575, "energy": 50.368188, "activity_lines": [ 6.363333, 6.224545, 6.153351, 6.223469 ] }, { "date": "2026-07-10", "close": 6.55, "volume": 167329500, "typical_volume": 136433490.0, "trend": 6.302457, "fair_value": 8.224676, "relative_strength": -14.811255, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.502928, "energy": 60.655998, "activity_lines": [ 6.46, 6.298182, 6.186804, 6.240342 ] }, { "date": "2026-07-17", "close": 6.65, "volume": 154246600, "typical_volume": 129128980.0, "trend": 6.321399, "fair_value": 8.188965, "relative_strength": -13.72786, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.859042, "energy": 67.556063, "activity_lines": [ 6.556667, 6.380909, 6.231917, 6.262765 ] }, { "date": "2026-07-24", "close": 6.4, "volume": 128111500, "typical_volume": 117414960.0, "trend": 6.323963, "fair_value": 8.151092, "relative_strength": -16.626826, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.852469, "energy": 56.246531, "activity_lines": [ 6.526667, 6.407273, 6.255572, 6.267836 ] }, { "date": "2026-07-31", "close": 6.5, "volume": 248385000, "typical_volume": 117902370.0, "trend": 6.326643, "fair_value": 8.116098, "relative_strength": -13.859373, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.487835, "energy": 35.009149, "activity_lines": [ 6.513333, 6.444545, 6.288384, 6.279193 ] }, { "date": "2026-08-07", "close": 6.65, "volume": 226962100, "typical_volume": 121142320.0, "trend": 6.334323, "fair_value": 8.082066, "relative_strength": -10.854449, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.503662, "energy": 36.110558, "activity_lines": [ 6.553333, 6.5, 6.33349, 6.300055 ] } ], "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." } } }