{ "ticker": { "uuid": "b5737032-b0ac-462d-950c-3f7ca2e78e4e", "symbol": "603506", "name": "Nacity Property Service Group Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.434, "architecture_energy": 54.114, "architecture_maturity": 78.949, "architecture_confidence": 90.546, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.21, "rotation_up": 25.31, "upward_expansion": 9.14, "deceleration": 60.38, "rotation_down": 51.34, "downward_expansion": 80.14 }, "activity_lines": [ 9.634667, 9.714594, 10.486545, 11.117412 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 10.21, "trend_reference": 11.991375, "distance_from_trend": -0.148555, "trend_direction": "Weakening", "fair_value": 10.800417, "distance_from_fair_value": -0.054666, "fair_value_direction": "Weakening", "relative_strength": -18.138183, "relative_strength_direction": "Weakening", "price_momentum": -0.315225, "excess_performance": -0.272021, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.148555, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074269, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.054666, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.274675, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.181382, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.108814, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.315225, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.299226, "read": "Supply-led" } ], "volume": { "latest": 13558359, "relative_activity": 1.110941, "balance": 0.299226, "dry_up": 1.416802, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.086651, "annualized_volatility": 0.345179, "from_high_reference": -0.363466, "from_low_reference": 0.18583 }, "levels": { "trend_reference": 11.991375, "fair_value_reference": 10.800417, "structural_low": 8.61, "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": 26, "median_return": -0.001691, "positive_rate": 0.461538, "directional_follow_through": 0.538462, "median_excess_return": 0.003492, "regime_survival": 0.807692, "best_return": 0.123928, "worst_return": -0.252471, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.025336, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.022546, "regime_survival": 0.444444, "best_return": 0.163957, "worst_return": -0.235663, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.045621, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.013831, "regime_survival": 0.5, "best_return": 0.273578, "worst_return": -0.23993, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.003357, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.061588, "regime_survival": 0.333333, "best_return": 0.039801, "worst_return": -0.060885, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-09-27", "tenure": "Developing", "return": 0.153117, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-12-13", "tenure": "Developing", "return": 0.075855, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.135106, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": 0.212422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-04-25", "tenure": "Developing", "return": 0.073918, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.051675, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-10-17", "tenure": "Established", "return": 0.008709, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.118694, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.074759, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.112828, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.063045, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.043759, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.109422, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.170593, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 13.211414, "volume": 33112250, "typical_volume": 7808122.3, "trend": 11.687991, "fair_value": 13.145351, "relative_strength": 9.314241, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.772295, "energy": 60.768849, "activity_lines": [ 12.205105, 11.782183, 11.568787, 11.607001 ] }, { "date": "2023-08-04", "close": 13.086507, "volume": 19619316, "typical_volume": 8484754.9, "trend": 11.738302, "fair_value": 13.118104, "relative_strength": 7.779879, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.571576, "energy": 73.855077, "activity_lines": [ 12.595843, 12.059467, 11.719609, 11.697228 ] }, { "date": "2023-08-11", "close": 12.625309, "volume": 11863514, "typical_volume": 8619887.15, "trend": 11.758265, "fair_value": 13.088725, "relative_strength": 7.142741, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.446992, "energy": 69.209742, "activity_lines": [ 12.718189, 12.219838, 11.819901, 11.754454 ] }, { "date": "2023-08-18", "close": 12.116068, "volume": 13848864, "typical_volume": 8920755.9, "trend": 11.766245, "fair_value": 13.055174, "relative_strength": 4.62983, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.448515, "energy": 71.439783, "activity_lines": [ 12.591359, 12.265084, 11.868039, 11.777538 ] }, { "date": "2023-08-25", "close": 12.135285, "volume": 9820840, "typical_volume": 9003928.95, "trend": 11.771121, "fair_value": 13.024178, "relative_strength": 6.981191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.572887, "energy": 40.734492, "activity_lines": [ 12.426737, 12.299849, 11.914862, 11.801347 ] }, { "date": "2023-09-01", "close": 12.144894, "volume": 17311764, "typical_volume": 9492418.25, "trend": 11.768207, "fair_value": 12.991966, "relative_strength": 4.642068, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.745064, "energy": 23.045512, "activity_lines": [ 12.263396, 12.319415, 11.959987, 11.825462 ] }, { "date": "2023-09-08", "close": 12.125676, "volume": 11838518, "typical_volume": 9804129.45, "trend": 11.763405, "fair_value": 12.959013, "relative_strength": 4.900999, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.338938, "energy": 19.347521, "activity_lines": [ 12.16475, 12.311728, 12.000088, 11.848524 ] }, { "date": "2023-09-15", "close": 11.904686, "volume": 7284082, "typical_volume": 9616785.8, "trend": 11.759659, "fair_value": 12.925674, "relative_strength": 2.941318, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.528346, "energy": 18.74281, "activity_lines": [ 12.056497, 12.250061, 12.014213, 11.857639 ] }, { "date": "2023-09-22", "close": 11.895078, "volume": 7832760, "typical_volume": 9848232.6, "trend": 11.748417, "fair_value": 12.896393, "relative_strength": 2.406944, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.51524, "energy": 17.604378, "activity_lines": [ 11.993082, 12.178086, 12.024125, 11.866376 ] }, { "date": "2023-09-29", "close": 11.683695, "volume": 6173140, "typical_volume": 9830473.45, "trend": 11.726074, "fair_value": 12.873505, "relative_strength": 1.40141, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.492675, "energy": 14.566385, "activity_lines": [ 11.873939, 12.059642, 12.010966, 11.8622 ] }, { "date": "2023-10-13", "close": 11.433879, "volume": 7706645, "typical_volume": 9968150.1, "trend": 11.706947, "fair_value": 12.845512, "relative_strength": 0.070685, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.360715, "energy": 18.79431, "activity_lines": [ 11.70163, 11.903463, 11.972482, 11.843349 ] }, { "date": "2023-10-20", "close": 11.222496, "volume": 5471944, "typical_volume": 9983747.45, "trend": 11.691068, "fair_value": 12.822881, "relative_strength": 1.764776, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.053211, "energy": 25.378811, "activity_lines": [ 11.506262, 11.74117, 11.913837, 11.812094 ] }, { "date": "2023-10-27", "close": 11.308971, "volume": 7291512, "typical_volume": 10098764.0, "trend": 11.672769, "fair_value": 12.801011, "relative_strength": 1.386555, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.577125, "energy": 34.628369, "activity_lines": [ 11.39993, 11.628491, 11.863645, 11.787442 ] }, { "date": "2023-11-03", "close": 11.078371, "volume": 12261548, "typical_volume": 10264018.9, "trend": 11.660198, "fair_value": 12.775973, "relative_strength": -1.059529, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.995335, "energy": 51.938462, "activity_lines": [ 11.256445, 11.497818, 11.791857, 11.749094 ] }, { "date": "2023-11-10", "close": 11.308971, "volume": 7875118, "typical_volume": 10345061.15, "trend": 11.650945, "fair_value": 12.749611, "relative_strength": 0.763006, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.431726, "energy": 45.421203, "activity_lines": [ 11.244275, 11.427939, 11.743312, 11.726434 ] }, { "date": "2023-11-17", "close": 11.357012, "volume": 6986997, "typical_volume": 10527859.0, "trend": 11.647038, "fair_value": 12.72982, "relative_strength": 0.6058, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.430594, "energy": 36.785877, "activity_lines": [ 11.2731, 11.381819, 11.698839, 11.707471 ] }, { "date": "2023-11-24", "close": 11.549179, "volume": 11110927, "typical_volume": 10705425.7, "trend": 11.662327, "fair_value": 12.71567, "relative_strength": 2.762425, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.439506, "energy": 21.872387, "activity_lines": [ 11.371105, 11.384964, 11.670197, 11.701158 ] }, { "date": "2023-12-01", "close": 11.241713, "volume": 9377492, "typical_volume": 10949637.45, "trend": 11.663311, "fair_value": 12.696542, "relative_strength": 0.388116, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.688542, "energy": 17.114265, "activity_lines": [ 11.344842, 11.342687, 11.611404, 11.674021 ] }, { "date": "2023-12-08", "close": 10.722864, "volume": 9052493, "typical_volume": 11169715.05, "trend": 11.644817, "fair_value": 12.672769, "relative_strength": -2.084589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.216371, "energy": 47.286759, "activity_lines": [ 11.150114, 11.218129, 11.504111, 11.613347 ] }, { "date": "2023-12-15", "close": 10.97268, "volume": 12872100, "typical_volume": 11435591.2, "trend": 11.631842, "fair_value": 12.650555, "relative_strength": 1.1747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.026355, "energy": 53.422475, "activity_lines": [ 11.062358, 11.160304, 11.424088, 11.569983 ] }, { "date": "2023-12-22", "close": 10.597957, "volume": 10291480, "typical_volume": 10294552.7, "trend": 11.604193, "fair_value": 12.631132, "relative_strength": -1.249639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.803478, "energy": 72.204172, "activity_lines": [ 10.872113, 11.047276, 11.313775, 11.503281 ] }, { "date": "2023-12-29", "close": 10.444223, "volume": 10408525, "typical_volume": 9834013.15, "trend": 11.576722, "fair_value": 12.604625, "relative_strength": -4.531245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.37869, "energy": 78.46727, "activity_lines": [ 10.681228, 10.921494, 11.201266, 11.428444 ] }, { "date": "2024-01-05", "close": 10.694039, "volume": 12003125, "typical_volume": 9840993.7, "trend": 11.553662, "fair_value": 12.588084, "relative_strength": -0.503602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.02973, "energy": 67.62059, "activity_lines": [ 10.647279, 10.855284, 11.125132, 11.371497 ] }, { "date": "2024-01-12", "close": 10.597957, "volume": 12986296, "typical_volume": 9797865.3, "trend": 11.528681, "fair_value": 12.571876, "relative_strength": 0.254339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.025104, "energy": 59.351549, "activity_lines": [ 10.617814, 10.782785, 11.049043, 11.309839 ] }, { "date": "2024-01-19", "close": 9.973417, "volume": 18181189, "typical_volume": 10215882.75, "trend": 11.487685, "fair_value": 12.556072, "relative_strength": -3.853337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.586033, "energy": 63.30645, "activity_lines": [ 10.388496, 10.605468, 10.920704, 11.209499 ] }, { "date": "2024-01-26", "close": 10.213625, "volume": 16329747, "typical_volume": 10166781.9, "trend": 11.466867, "fair_value": 12.539913, "relative_strength": -4.070318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.315136, "energy": 49.945816, "activity_lines": [ 10.305864, 10.496109, 10.825536, 11.127302 ] }, { "date": "2024-02-02", "close": 7.994107, "volume": 17588306, "typical_volume": 10454271.3, "trend": 11.35445, "fair_value": 12.50487, "relative_strength": -19.650259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.114764, "energy": 82.891742, "activity_lines": [ 9.509016, 10.003989, 10.528182, 10.903253 ] }, { "date": "2024-02-09", "close": 7.081318, "volume": 29029114, "typical_volume": 11541522.9, "trend": 11.209365, "fair_value": 12.458743, "relative_strength": -31.736028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.985456, "energy": 96.03352, "activity_lines": [ 8.571246, 9.410545, 10.16357, 10.627567 ] }, { "date": "2024-02-23", "close": 8.205489, "volume": 25915308, "typical_volume": 12445650.3, "trend": 11.101111, "fair_value": 12.424189, "relative_strength": -24.141466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.053137, "energy": 87.415949, "activity_lines": [ 8.249047, 9.09714, 9.92899, 10.433768 ] }, { "date": "2024-03-01", "close": 8.080582, "volume": 20616436, "typical_volume": 13167815.1, "trend": 10.966915, "fair_value": 12.393038, "relative_strength": -25.421104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.676765, "energy": 86.893789, "activity_lines": [ 8.044711, 8.806794, 9.700084, 10.238895 ] }, { "date": "2024-03-08", "close": 7.792332, "volume": 14623650, "typical_volume": 13513665.35, "trend": 10.786279, "fair_value": 12.361935, "relative_strength": -28.071806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.217206, "energy": 81.585029, "activity_lines": [ 7.87048, 8.516624, 9.460883, 10.034084 ] }, { "date": "2024-03-15", "close": 8.195881, "volume": 15525823, "typical_volume": 14016359.3, "trend": 10.623258, "fair_value": 12.332595, "relative_strength": -24.138283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.027566, "energy": 59.053178, "activity_lines": [ 7.992185, 8.350837, 9.277456, 9.866961 ] }, { "date": "2024-03-22", "close": 8.464914, "volume": 17700056, "typical_volume": 14536786.5, "trend": 10.484579, "fair_value": 12.302383, "relative_strength": -21.074866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.623261, "energy": 51.406167, "activity_lines": [ 8.190116, 8.274844, 9.134063, 9.727713 ] }, { "date": "2024-03-29", "close": 8.522563, "volume": 11460737, "typical_volume": 14496745.95, "trend": 10.364795, "fair_value": 12.272746, "relative_strength": -20.009668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.844874, "energy": 41.433085, "activity_lines": [ 8.315024, 8.249862, 9.009704, 9.601131 ] }, { "date": "2024-04-05", "close": 8.676296, "volume": 7013018, "typical_volume": 14453640.95, "trend": 10.249496, "fair_value": 12.245126, "relative_strength": -18.955267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.542335, "energy": 32.104169, "activity_lines": [ 8.470038, 8.290566, 8.912157, 9.492196 ] }, { "date": "2024-04-12", "close": 8.14784, "volume": 10245399, "typical_volume": 14616561.05, "trend": 10.11626, "fair_value": 12.217414, "relative_strength": -22.292249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.929405, "energy": 31.937956, "activity_lines": [ 8.409185, 8.258772, 8.776817, 9.356605 ] }, { "date": "2024-04-19", "close": 7.773116, "volume": 16606849, "typical_volume": 14891357.15, "trend": 9.971175, "fair_value": 12.18388, "relative_strength": -26.588834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.710693, "energy": 37.080622, "activity_lines": [ 8.199725, 8.196405, 8.621071, 9.205435 ] }, { "date": "2024-04-26", "close": 8.051757, "volume": 38026201, "typical_volume": 16323792.6, "trend": 9.842744, "fair_value": 12.152338, "relative_strength": -24.182275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.134732, "energy": 38.469312, "activity_lines": [ 8.111328, 8.188719, 8.509844, 9.081601 ] }, { "date": "2024-05-03", "close": 8.445697, "volume": 18099312, "typical_volume": 16776133.55, "trend": 9.727765, "fair_value": 12.121179, "relative_strength": -20.603598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.756044, "energy": 37.100217, "activity_lines": [ 8.181789, 8.235013, 8.451325, 8.991469 ] }, { "date": "2024-05-10", "close": 10.655606, "volume": 80240470, "typical_volume": 20144552.05, "trend": 9.693495, "fair_value": 12.101466, "relative_strength": -1.40979, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.692156, "energy": 12.062996, "activity_lines": [ 8.994011, 8.678742, 8.614117, 9.05133 ] }, { "date": "2024-05-17", "close": 11.722128, "volume": 161136969, "typical_volume": 27686826.5, "trend": 9.703103, "fair_value": 12.086365, "relative_strength": 8.272804, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.589834, "energy": 52.464258, "activity_lines": [ 10.029786, 9.269565, 8.879992, 9.182209 ] }, { "date": "2024-05-24", "close": 9.925375, "volume": 132199292, "typical_volume": 33776364.85, "trend": 9.659866, "fair_value": 12.061518, "relative_strength": -6.253405, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.1118, "energy": 45.286584, "activity_lines": [ 10.228357, 9.462255, 8.969395, 9.19655 ] }, { "date": "2024-05-31", "close": 9.233578, "volume": 59011689, "typical_volume": 36126793.05, "trend": 9.590686, "fair_value": 12.036398, "relative_strength": -12.489327, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.626666, "energy": 40.356535, "activity_lines": [ 10.052846, 9.497719, 8.995383, 9.169047 ] }, { "date": "2024-06-07", "close": 8.849246, "volume": 44926646, "typical_volume": 37723810.55, "trend": 9.516382, "fair_value": 12.009103, "relative_strength": -14.864152, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.359599, "energy": 26.135625, "activity_lines": [ 9.670435, 9.449328, 8.991723, 9.121212 ] }, { "date": "2024-06-14", "close": 9.11, "volume": 42288816, "typical_volume": 38929191.9, "trend": 9.443083, "fair_value": 11.983191, "relative_strength": -11.556531, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.013637, "energy": 13.951909, "activity_lines": [ 9.34804, 9.442407, 9.021224, 9.094994 ] }, { "date": "2024-06-21", "close": 8.34, "volume": 32084281, "typical_volume": 39716918.6, "trend": 9.342516, "fair_value": 11.953415, "relative_strength": -17.760565, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.766221, "energy": 28.521389, "activity_lines": [ 8.872018, 9.287601, 8.981503, 9.023827 ] }, { "date": "2024-06-28", "close": 8.38, "volume": 30882500, "typical_volume": 40381628.3, "trend": 9.236877, "fair_value": 11.922329, "relative_strength": -16.225153, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.968712, "energy": 30.666354, "activity_lines": [ 8.634805, 9.136574, 8.954513, 8.96173 ] }, { "date": "2024-07-05", "close": 8.15, "volume": 28019097, "typical_volume": 40331127.45, "trend": 9.13382, "fair_value": 11.886348, "relative_strength": -17.748035, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.703273, "energy": 28.84146, "activity_lines": [ 8.42395, 8.932694, 8.903781, 8.891609 ] }, { "date": "2024-07-12", "close": 7.91, "volume": 19675117, "typical_volume": 40019117.9, "trend": 9.040057, "fair_value": 11.846068, "relative_strength": -20.339269, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.11212, "energy": 41.477218, "activity_lines": [ 8.205333, 8.683391, 8.825103, 8.812652 ] }, { "date": "2024-07-19", "close": 7.44, "volume": 19109805, "typical_volume": 39943786.35, "trend": 8.922301, "fair_value": 11.803777, "relative_strength": -24.881517, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.202801, "energy": 55.489891, "activity_lines": [ 7.892667, 8.358374, 8.70307, 8.709423 ] }, { "date": "2024-07-26", "close": 7.38, "volume": 10696181, "typical_volume": 39747412.9, "trend": 8.815036, "fair_value": 11.762914, "relative_strength": -22.690406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.819737, "energy": 59.812895, "activity_lines": [ 7.671333, 8.080914, 8.578373, 8.60992 ] }, { "date": "2024-08-02", "close": 7.68, "volume": 17443057, "typical_volume": 39843274.6, "trend": 8.722895, "fair_value": 11.728714, "relative_strength": -19.39446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.301757, "energy": 56.288902, "activity_lines": [ 7.614, 7.936947, 8.484211, 8.536691 ] }, { "date": "2024-08-09", "close": 7.82, "volume": 23705898, "typical_volume": 40143566.7, "trend": 8.627094, "fair_value": 11.695528, "relative_strength": -16.04758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.838979, "energy": 52.74017, "activity_lines": [ 7.65, 7.859259, 8.405839, 8.47844 ] }, { "date": "2024-08-16", "close": 7.4, "volume": 17874820, "typical_volume": 40464270.85, "trend": 8.520496, "fair_value": 11.661054, "relative_strength": -20.368581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.020549, "energy": 53.683307, "activity_lines": [ 7.568, 7.730909, 8.290538, 8.399273 ] }, { "date": "2024-08-23", "close": 6.91, "volume": 10200566, "typical_volume": 40623648.25, "trend": 8.418382, "fair_value": 11.625369, "relative_strength": -24.294846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.655496, "energy": 68.085746, "activity_lines": [ 7.356667, 7.539818, 8.133916, 8.29537 ] }, { "date": "2024-08-30", "close": 7.25, "volume": 14310080, "typical_volume": 40826882.3, "trend": 8.319594, "fair_value": 11.59713, "relative_strength": -19.593001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.573103, "energy": 65.456419, "activity_lines": [ 7.294, 7.450545, 8.018086, 8.21999 ] }, { "date": "2024-09-06", "close": 7.12, "volume": 16977960, "typical_volume": 40845437.85, "trend": 8.290457, "fair_value": 11.567706, "relative_strength": -18.165651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.247476, "energy": 71.190214, "activity_lines": [ 7.196667, 7.357455, 7.89415, 8.142597 ] }, { "date": "2024-09-13", "close": 7.14, "volume": 8743700, "typical_volume": 39381312.8, "trend": 8.292413, "fair_value": 11.534725, "relative_strength": -15.42389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.063667, "energy": 71.345748, "activity_lines": [ 7.143333, 7.290909, 7.775229, 8.068374 ] }, { "date": "2024-09-20", "close": 7.45, "volume": 11704640, "typical_volume": 39061579.2, "trend": 8.26723, "fair_value": 11.506012, "relative_strength": -12.174917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.926916, "energy": 47.684229, "activity_lines": [ 7.238667, 7.299091, 7.690174, 8.014025 ] }, { "date": "2024-09-27", "close": 8.51, "volume": 30775902, "typical_volume": 36588350.8, "trend": 8.281544, "fair_value": 11.47801, "relative_strength": -10.484652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.86189, "energy": 15.673753, "activity_lines": [ 7.684, 7.508364, 7.710812, 8.029687 ] }, { "date": "2024-10-04", "close": 9.36, "volume": 17625739, "typical_volume": 29412789.3, "trend": 8.3338, "fair_value": 11.453643, "relative_strength": -8.322373, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 17.521961, "energy": 28.172892, "activity_lines": [ 8.306, 7.852727, 7.82262, 8.099265 ] }, { "date": "2024-10-11", "close": 8.25, "volume": 39707174, "typical_volume": 24788183.4, "trend": 8.335604, "fair_value": 11.420288, "relative_strength": -15.579472, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.402873, "energy": 28.722909, "activity_lines": [ 8.417333, 7.959273, 7.839962, 8.093859 ] }, { "date": "2024-10-18", "close": 8.31, "volume": 28414595, "typical_volume": 23258328.7, "trend": 8.33044, "fair_value": 11.38919, "relative_strength": -15.490195, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.718143, "energy": 31.4641, "activity_lines": [ 8.473333, 8.066364, 7.870996, 8.092207 ] }, { "date": "2024-10-25", "close": 8.59, "volume": 19880937, "typical_volume": 22006043.25, "trend": 8.332688, "fair_value": 11.358073, "relative_strength": -13.00934, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.240146, "energy": 31.19955, "activity_lines": [ 8.544667, 8.215455, 7.933095, 8.108953 ] }, { "date": "2024-11-01", "close": 8.81, "volume": 35803904, "typical_volume": 21681797.65, "trend": 8.337145, "fair_value": 11.330238, "relative_strength": -9.412393, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.607804, "energy": 28.870365, "activity_lines": [ 8.613333, 8.382909, 8.017381, 8.139747 ] }, { "date": "2024-11-08", "close": 9.33, "volume": 33075156, "typical_volume": 21731341.4, "trend": 8.37655, "fair_value": 11.306673, "relative_strength": -8.511436, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.908483, "energy": 37.42839, "activity_lines": [ 8.835333, 8.610364, 8.152619, 8.203802 ] }, { "date": "2024-11-15", "close": 9.06, "volume": 24981563, "typical_volume": 21436294.55, "trend": 8.419446, "fair_value": 11.28284, "relative_strength": -7.312203, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.722955, "energy": 38.640945, "activity_lines": [ 8.969333, 8.750909, 8.257429, 8.247896 ] }, { "date": "2024-11-22", "close": 9.0, "volume": 17080382, "typical_volume": 20889358.8, "trend": 8.451054, "fair_value": 11.256458, "relative_strength": -5.539077, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.005674, "energy": 38.315049, "activity_lines": [ 9.029333, 8.845273, 8.353286, 8.285351 ] }, { "date": "2024-11-29", "close": 9.53, "volume": 16820012, "typical_volume": 20746603.55, "trend": 8.487198, "fair_value": 11.235403, "relative_strength": -1.150246, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.029562, "energy": 52.368867, "activity_lines": [ 9.22, 9.002182, 8.495571, 8.35496 ] }, { "date": "2024-12-06", "close": 9.73, "volume": 13683581, "typical_volume": 20475292.35, "trend": 8.456344, "fair_value": 11.212062, "relative_strength": -0.817774, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.619741, "energy": 56.254965, "activity_lines": [ 9.414667, 9.157636, 8.64919, 8.435141 ] }, { "date": "2024-12-13", "close": 10.07, "volume": 24594427, "typical_volume": 21170204.65, "trend": 8.401273, "fair_value": 11.189145, "relative_strength": 3.460421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.671934, "energy": 71.003228, "activity_lines": [ 9.661333, 9.352727, 8.824286, 8.539248 ] }, { "date": "2024-12-20", "close": 9.4, "volume": 18934491, "typical_volume": 21244776.35, "trend": 8.383761, "fair_value": 11.160295, "relative_strength": -2.125258, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.419305, "energy": 58.454393, "activity_lines": [ 9.635333, 9.413091, 8.922762, 8.603682 ] }, { "date": "2024-12-27", "close": 8.85, "volume": 16840000, "typical_volume": 20901481.45, "trend": 8.370975, "fair_value": 11.127334, "relative_strength": -8.080756, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.309535, "energy": 38.45818, "activity_lines": [ 9.403333, 9.352545, 8.960667, 8.633762 ] }, { "date": "2025-01-03", "close": 8.13, "volume": 14796900, "typical_volume": 20747585.45, "trend": 8.347, "fair_value": 11.091748, "relative_strength": -9.998457, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.90469, "energy": 13.558214, "activity_lines": [ 8.941333, 9.151273, 8.925095, 8.618215 ] }, { "date": "2025-01-10", "close": 8.05, "volume": 11749020, "typical_volume": 20825008.15, "trend": 8.311667, "fair_value": 11.056818, "relative_strength": -8.986488, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.559826, "energy": 20.164131, "activity_lines": [ 8.546, 8.943818, 8.878429, 8.599054 ] }, { "date": "2025-01-17", "close": 8.36, "volume": 16090292, "typical_volume": 20914018.75, "trend": 8.312333, "fair_value": 11.023817, "relative_strength": -6.914207, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.009041, "energy": 23.332171, "activity_lines": [ 8.366, 8.806545, 8.855857, 8.602172 ] }, { "date": "2025-01-24", "close": 8.59, "volume": 18128109, "typical_volume": 20971526.2, "trend": 8.319333, "fair_value": 10.988605, "relative_strength": -4.084787, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.724103, "energy": 21.239435, "activity_lines": [ 8.376667, 8.728727, 8.849905, 8.620086 ] }, { "date": "2025-01-31", "close": 8.74, "volume": 4095666, "typical_volume": 20739124.5, "trend": 8.339, "fair_value": 10.946104, "relative_strength": -1.786049, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.927699, "energy": 15.321662, "activity_lines": [ 8.491333, 8.686727, 8.851238, 8.647226 ] }, { "date": "2025-02-07", "close": 9.03, "volume": 15392700, "typical_volume": 20923527.5, "trend": 8.376333, "fair_value": 10.907335, "relative_strength": -0.020383, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.763922, "energy": 12.055267, "activity_lines": [ 8.71, 8.702182, 8.872571, 8.691806 ] }, { "date": "2025-02-14", "close": 9.07, "volume": 13283556, "typical_volume": 20048910.2, "trend": 8.430667, "fair_value": 10.865078, "relative_strength": -1.036022, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.168707, "energy": 21.156694, "activity_lines": [ 8.882, 8.734, 8.89019, 8.736559 ] }, { "date": "2025-02-21", "close": 9.55, "volume": 19572732, "typical_volume": 20146259.85, "trend": 8.503, "fair_value": 10.830871, "relative_strength": 3.133409, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.076018, "energy": 33.608175, "activity_lines": [ 9.146, 8.865091, 8.950857, 8.808774 ] }, { "date": "2025-02-28", "close": 9.76, "volume": 18001792, "typical_volume": 19060990.75, "trend": 8.572333, "fair_value": 10.801578, "relative_strength": 7.046532, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.294677, "energy": 54.180928, "activity_lines": [ 9.400667, 9.043818, 9.030619, 8.889871 ] }, { "date": "2025-03-07", "close": 9.47, "volume": 20198682, "typical_volume": 18650195.1, "trend": 8.627333, "fair_value": 10.766683, "relative_strength": 2.096575, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.485967, "energy": 56.117827, "activity_lines": [ 9.480667, 9.163273, 9.075571, 8.947785 ] }, { "date": "2025-03-14", "close": 10.35, "volume": 63064933, "typical_volume": 20809394.9, "trend": 8.725667, "fair_value": 10.740412, "relative_strength": 9.785946, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.836996, "energy": 69.502644, "activity_lines": [ 9.805333, 9.431455, 9.19881, 9.058925 ] }, { "date": "2025-03-21", "close": 11.34, "volume": 65713933, "typical_volume": 22304896.35, "trend": 8.873333, "fair_value": 10.724291, "relative_strength": 21.740195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.193021, "energy": 80.183712, "activity_lines": [ 10.372, 9.839273, 9.407952, 9.227591 ] }, { "date": "2025-03-28", "close": 11.16, "volume": 32163815, "typical_volume": 22259329.3, "trend": 9.003667, "fair_value": 10.707659, "relative_strength": 19.851988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.929275, "energy": 80.99927, "activity_lines": [ 10.727333, 10.154545, 9.587905, 9.375118 ] }, { "date": "2025-04-04", "close": 11.02, "volume": 14472082, "typical_volume": 21733855.25, "trend": 9.133667, "fair_value": 10.693874, "relative_strength": 18.292447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.800674, "energy": 80.512428, "activity_lines": [ 10.928667, 10.393455, 9.74581, 9.505204 ] }, { "date": "2025-04-11", "close": 10.7, "volume": 33228687, "typical_volume": 22541270.5, "trend": 9.252333, "fair_value": 10.675288, "relative_strength": 18.045101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.029721, "energy": 69.147521, "activity_lines": [ 10.939333, 10.53, 9.863905, 9.606258 ] }, { "date": "2025-04-18", "close": 10.44, "volume": 50388050, "typical_volume": 24219672.4, "trend": 9.352, "fair_value": 10.651993, "relative_strength": 13.317132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.312114, "energy": 44.376067, "activity_lines": [ 10.781333, 10.583636, 9.949143, 9.682882 ] }, { "date": "2025-04-25", "close": 10.17, "volume": 50557375, "typical_volume": 26063362.1, "trend": 9.407333, "fair_value": 10.621234, "relative_strength": 9.413585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.814874, "energy": 29.137997, "activity_lines": [ 10.527333, 10.562545, 10.004333, 9.735656 ] }, { "date": "2025-05-02", "close": 10.45, "volume": 19630900, "typical_volume": 25815185.75, "trend": 9.443667, "fair_value": 10.589344, "relative_strength": 12.617202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.901087, "energy": 22.064074, "activity_lines": [ 10.444667, 10.572364, 10.084095, 9.802925 ] }, { "date": "2025-05-09", "close": 10.85, "volume": 38991961, "typical_volume": 26818059.25, "trend": 9.530333, "fair_value": 10.564406, "relative_strength": 14.827274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.445377, "energy": 22.540056, "activity_lines": [ 10.542667, 10.638545, 10.200143, 9.893656 ] }, { "date": "2025-05-16", "close": 10.9, "volume": 28165062, "typical_volume": 27384312.35, "trend": 9.616667, "fair_value": 10.553596, "relative_strength": 14.858931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.078626, "energy": 24.468765, "activity_lines": [ 10.668667, 10.694, 10.314048, 9.982022 ] }, { "date": "2025-05-23", "close": 10.99, "volume": 26761937, "typical_volume": 27982564.2, "trend": 9.696667, "fair_value": 10.544943, "relative_strength": 16.4128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.251621, "energy": 31.779699, "activity_lines": [ 10.811333, 10.739818, 10.426762, 10.070624 ] }, { "date": "2025-05-30", "close": 12.63, "volume": 66622766, "typical_volume": 30726251.5, "trend": 9.824, "fair_value": 10.546043, "relative_strength": 33.110352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.048796, "energy": 53.315426, "activity_lines": [ 11.464, 11.072182, 10.682048, 10.259871 ] }, { "date": "2025-06-06", "close": 13.75, "volume": 63285051, "typical_volume": 33085989.45, "trend": 9.971333, "fair_value": 10.544902, "relative_strength": 42.17287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.862581, "energy": 72.788181, "activity_lines": [ 12.326, 11.584727, 11.02219, 10.513161 ] }, { "date": "2025-06-13", "close": 12.09, "volume": 50293099, "typical_volume": 34694238.95, "trend": 10.072333, "fair_value": 10.537566, "relative_strength": 24.834138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.472641, "energy": 65.377277, "activity_lines": [ 12.414667, 11.748364, 11.178571, 10.649849 ] }, { "date": "2025-06-20", "close": 11.79, "volume": 27658066, "typical_volume": 35872358.95, "trend": 10.165333, "fair_value": 10.530648, "relative_strength": 21.762289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.934208, "energy": 62.8477, "activity_lines": [ 12.320667, 11.838, 11.289714, 10.760667 ] }, { "date": "2025-06-27", "close": 12.85, "volume": 24882302, "typical_volume": 36346839.05, "trend": 10.276, "fair_value": 10.531188, "relative_strength": 29.41431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.031857, "energy": 53.723628, "activity_lines": [ 12.520667, 12.100545, 11.487286, 10.933871 ] }, { "date": "2025-07-04", "close": 13.19, "volume": 52171417, "typical_volume": 38291232.1, "trend": 10.391333, "fair_value": 10.533367, "relative_strength": 30.104906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.816244, "energy": 41.955232, "activity_lines": [ 12.71, 12.381091, 11.699048, 11.121871 ] }, { "date": "2025-07-11", "close": 13.63, "volume": 36039111, "typical_volume": 39114551.05, "trend": 10.51, "fair_value": 10.540407, "relative_strength": 31.934079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.439719, "energy": 47.283585, "activity_lines": [ 13.008667, 12.686727, 11.933095, 11.330817 ] }, { "date": "2025-07-18", "close": 13.1, "volume": 28275625, "typical_volume": 39628242.7, "trend": 10.633333, "fair_value": 10.543089, "relative_strength": 24.942681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.379024, "energy": 48.973356, "activity_lines": [ 13.138667, 12.838182, 12.097238, 11.497914 ] }, { "date": "2025-07-25", "close": 13.47, "volume": 18795089, "typical_volume": 39558063.05, "trend": 10.787333, "fair_value": 10.546764, "relative_strength": 25.384522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.31646, "energy": 52.960594, "activity_lines": [ 13.324667, 13.016, 12.280714, 11.680925 ] }, { "date": "2025-08-01", "close": 13.15, "volume": 26995980, "typical_volume": 37754615.4, "trend": 10.954667, "fair_value": 10.549767, "relative_strength": 22.735288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.317752, "energy": 45.392779, "activity_lines": [ 13.292, 13.088909, 12.414667, 11.833355 ] }, { "date": "2025-08-08", "close": 13.71, "volume": 19217400, "typical_volume": 35429788.75, "trend": 11.143333, "fair_value": 10.560019, "relative_strength": 24.488963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.86167, "energy": 43.370761, "activity_lines": [ 13.426, 13.224364, 12.588619, 12.011118 ] }, { "date": "2025-08-15", "close": 13.57, "volume": 22495904, "typical_volume": 34946393.2, "trend": 11.317, "fair_value": 10.567334, "relative_strength": 20.322345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.383668, "energy": 40.138477, "activity_lines": [ 13.478667, 13.314727, 12.737952, 12.167677 ] }, { "date": "2025-08-22", "close": 14.01, "volume": 27036313, "typical_volume": 35574604.75, "trend": 11.497667, "fair_value": 10.576869, "relative_strength": 19.103608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.626994, "energy": 41.797724, "activity_lines": [ 13.682, 13.488364, 12.917714, 12.341419 ] }, { "date": "2025-08-29", "close": 13.52, "volume": 35633151, "typical_volume": 35694827.95, "trend": 11.657, "fair_value": 10.586264, "relative_strength": 13.303766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.713636, "energy": 39.779735, "activity_lines": [ 13.661333, 13.538, 13.036571, 12.471892 ] }, { "date": "2025-09-05", "close": 13.49, "volume": 26897361, "typical_volume": 34520293.5, "trend": 11.805667, "fair_value": 10.594686, "relative_strength": 13.717358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.241341, "energy": 37.051199, "activity_lines": [ 13.627333, 13.550727, 13.139143, 12.590151 ] }, { "date": "2025-09-12", "close": 15.0, "volume": 65506739, "typical_volume": 35267761.7, "trend": 12.003333, "fair_value": 10.612187, "relative_strength": 23.605362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.1905, "energy": 57.511292, "activity_lines": [ 14.074, 13.826364, 13.371, 12.796237 ] }, { "date": "2025-09-19", "close": 14.24, "volume": 69651759, "typical_volume": 37768804.65, "trend": 12.159667, "fair_value": 10.627697, "relative_strength": 18.165394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.320644, "energy": 43.013625, "activity_lines": [ 14.181333, 13.930909, 13.507476, 12.940538 ] }, { "date": "2025-09-26", "close": 13.61, "volume": 26546590, "typical_volume": 37146536.1, "trend": 12.288, "fair_value": 10.637488, "relative_strength": 12.154754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.34778, "energy": 37.949182, "activity_lines": [ 14.034, 13.909818, 13.565905, 13.034108 ] }, { "date": "2025-10-03", "close": 13.81, "volume": 6985573, "typical_volume": 36087561.65, "trend": 12.432667, "fair_value": 10.645381, "relative_strength": 11.691355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.531158, "energy": 36.894299, "activity_lines": [ 13.98, 13.915818, 13.630238, 13.132301 ] }, { "date": "2025-10-10", "close": 13.74, "volume": 8079391, "typical_volume": 35153434.35, "trend": 12.545667, "fair_value": 10.654206, "relative_strength": 10.079434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.933231, "energy": 23.940701, "activity_lines": [ 13.883333, 13.902909, 13.674048, 13.216645 ] }, { "date": "2025-10-17", "close": 12.74, "volume": 20351891, "typical_volume": 32839890.6, "trend": 12.592333, "fair_value": 10.65806, "relative_strength": 3.113508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.901841, "energy": 14.521001, "activity_lines": [ 13.436667, 13.697455, 13.609524, 13.229183 ] }, { "date": "2025-10-24", "close": 13.48, "volume": 21391188, "typical_volume": 30745197.45, "trend": 12.669667, "fair_value": 10.668398, "relative_strength": 5.539023, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.029911, "energy": 16.438693, "activity_lines": [ 13.387333, 13.644182, 13.614952, 13.286452 ] }, { "date": "2025-10-31", "close": 12.63, "volume": 24447383, "typical_volume": 29452911.65, "trend": 12.723333, "fair_value": 10.674907, "relative_strength": -1.521339, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.342126, "energy": 12.650884, "activity_lines": [ 13.105333, 13.438, 13.540714, 13.283892 ] }, { "date": "2025-11-07", "close": 12.72, "volume": 22019502, "typical_volume": 29170983.45, "trend": 12.790667, "fair_value": 10.683433, "relative_strength": -2.15877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.570611, "energy": 16.174877, "activity_lines": [ 12.918667, 13.273273, 13.472476, 13.283677 ] }, { "date": "2025-11-14", "close": 13.12, "volume": 15190491, "typical_volume": 28686392.9, "trend": 12.88, "fair_value": 10.696742, "relative_strength": 0.758409, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.24792, "energy": 14.928996, "activity_lines": [ 12.938, 13.195818, 13.437905, 13.304925 ] }, { "date": "2025-11-21", "close": 11.88, "volume": 15745386, "typical_volume": 26865091.35, "trend": 12.937, "fair_value": 10.702523, "relative_strength": -5.254248, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.993078, "energy": 42.275403, "activity_lines": [ 12.585333, 12.899636, 13.283952, 13.240409 ] }, { "date": "2025-11-28", "close": 12.44, "volume": 12341348, "typical_volume": 25680203.2, "trend": 13.003333, "fair_value": 10.706974, "relative_strength": -2.350255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.208724, "energy": 42.26316, "activity_lines": [ 12.476667, 12.762, 13.189571, 13.208344 ] }, { "date": "2025-12-05", "close": 12.42, "volume": 12888545, "typical_volume": 24910849.2, "trend": 13.055667, "fair_value": 10.710937, "relative_strength": -3.046656, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.954552, "energy": 39.706188, "activity_lines": [ 12.430667, 12.653455, 13.098952, 13.17071 ] }, { "date": "2025-12-12", "close": 13.37, "volume": 60724601, "typical_volume": 27007324.8, "trend": 13.138, "fair_value": 10.71865, "relative_strength": 4.44368, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.473566, "energy": 19.031821, "activity_lines": [ 12.715333, 12.739273, 13.102048, 13.190989 ] }, { "date": "2025-12-19", "close": 12.94, "volume": 83759543, "typical_volume": 29845502.95, "trend": 13.203, "fair_value": 10.723906, "relative_strength": 0.740961, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.331065, "energy": 18.127258, "activity_lines": [ 12.813333, 12.754909, 13.064667, 13.178215 ] }, { "date": "2025-12-26", "close": 13.11, "volume": 45032500, "typical_volume": 31136257.95, "trend": 13.219, "fair_value": 10.729232, "relative_strength": -0.230756, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.111978, "energy": 17.464387, "activity_lines": [ 12.98, 12.816, 13.044476, 13.172215 ] }, { "date": "2026-01-02", "close": 13.06, "volume": 16017932, "typical_volume": 30812359.35, "trend": 13.196, "fair_value": 10.736818, "relative_strength": -1.175645, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.147845, "energy": 18.176753, "activity_lines": [ 13.048, 12.861273, 13.022381, 13.161957 ] }, { "date": "2026-01-09", "close": 13.31, "volume": 25457834, "typical_volume": 30733435.4, "trend": 13.236667, "fair_value": 10.742706, "relative_strength": -3.373988, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.892345, "energy": 13.467472, "activity_lines": [ 13.158, 12.959636, 13.026524, 13.169312 ] }, { "date": "2026-01-16", "close": 13.94, "volume": 38334337, "typical_volume": 30868494.7, "trend": 13.308333, "fair_value": 10.757852, "relative_strength": 1.179284, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.774431, "energy": 18.133846, "activity_lines": [ 13.418667, 13.160182, 13.094, 13.214688 ] }, { "date": "2026-01-23", "close": 14.4, "volume": 24961000, "typical_volume": 30771676.65, "trend": 13.36, "fair_value": 10.773067, "relative_strength": 3.156116, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.170599, "energy": 35.662519, "activity_lines": [ 13.794667, 13.422182, 13.203286, 13.285118 ] }, { "date": "2026-01-30", "close": 14.91, "volume": 25340977, "typical_volume": 28763388.55, "trend": 13.417333, "fair_value": 10.792512, "relative_strength": 6.715314, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.451006, "energy": 54.499579, "activity_lines": [ 14.243333, 13.753636, 13.35681, 13.385118 ] }, { "date": "2026-02-06", "close": 14.18, "volume": 16381860, "typical_volume": 26099893.6, "trend": 13.435667, "fair_value": 10.806557, "relative_strength": 2.359964, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.007923, "energy": 53.310751, "activity_lines": [ 14.328667, 13.897273, 13.441238, 13.434323 ] }, { "date": "2026-02-13", "close": 13.97, "volume": 12859284, "typical_volume": 25415528.3, "trend": 13.464667, "fair_value": 10.817696, "relative_strength": 0.03461, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.68651, "energy": 56.964028, "activity_lines": [ 14.269333, 13.971091, 13.505952, 13.468796 ] }, { "date": "2026-02-27", "close": 13.94, "volume": 10684780, "typical_volume": 25600488.65, "trend": 13.480333, "fair_value": 10.828402, "relative_strength": -2.404488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.040804, "energy": 39.715155, "activity_lines": [ 14.156, 14.011273, 13.566095, 13.499462 ] }, { "date": "2026-03-06", "close": 13.33, "volume": 13991580, "typical_volume": 25896098.1, "trend": 13.486333, "fair_value": 10.836819, "relative_strength": -5.954271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.785232, "energy": 15.215856, "activity_lines": [ 13.839333, 13.930182, 13.567524, 13.489763 ] }, { "date": "2026-03-13", "close": 13.16, "volume": 11492213, "typical_volume": 25453114.2, "trend": 13.468, "fair_value": 10.842765, "relative_strength": -6.71356, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.767195, "energy": 14.848326, "activity_lines": [ 13.537333, 13.811091, 13.554714, 13.46871 ] }, { "date": "2026-03-20", "close": 12.35, "volume": 15811920, "typical_volume": 25174150.8, "trend": 13.427333, "fair_value": 10.84274, "relative_strength": -9.441224, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.308957, "energy": 27.448701, "activity_lines": [ 13.082, 13.543818, 13.462762, 13.396581 ] }, { "date": "2026-03-27", "close": 12.3, "volume": 16769106, "typical_volume": 24790236.95, "trend": 13.370333, "fair_value": 10.844614, "relative_strength": -8.6935, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.730021, "energy": 38.220815, "activity_lines": [ 12.732, 13.280364, 13.371429, 13.323849 ] }, { "date": "2026-04-03", "close": 11.72, "volume": 12292100, "typical_volume": 24303866.85, "trend": 13.310333, "fair_value": 10.844749, "relative_strength": -12.092999, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.597975, "energy": 68.301865, "activity_lines": [ 12.3, 12.929818, 13.226429, 13.217376 ] }, { "date": "2026-04-10", "close": 12.31, "volume": 9076080, "typical_volume": 23998146.3, "trend": 13.271, "fair_value": 10.847647, "relative_strength": -10.020485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.045878, "energy": 67.385949, "activity_lines": [ 12.212667, 12.726909, 13.142381, 13.152839 ] }, { "date": "2026-04-17", "close": 12.138082, "volume": 10376983, "typical_volume": 23729726.15, "trend": 13.175603, "fair_value": 10.852022, "relative_strength": -12.553888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.486628, "energy": 63.682701, "activity_lines": [ 12.136027, 12.530742, 13.045817, 13.079747 ] }, { "date": "2026-04-24", "close": 12.089098, "volume": 13550816, "typical_volume": 23790199.55, "trend": 13.103906, "fair_value": 10.855244, "relative_strength": -13.406235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.039235, "energy": 59.423684, "activity_lines": [ 12.111188, 12.376068, 12.94336, 13.00965 ] }, { "date": "2026-05-01", "close": 13.254903, "volume": 16586912, "typical_volume": 23975117.9, "trend": 13.092069, "fair_value": 10.866658, "relative_strength": -5.872864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.966644, "energy": 23.512221, "activity_lines": [ 12.492344, 12.471374, 12.953602, 13.019392 ] }, { "date": "2026-05-08", "close": 13.274496, "volume": 11142498, "typical_volume": 21496012.75, "trend": 13.074219, "fair_value": 10.880658, "relative_strength": -7.256802, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.457956, "energy": 14.871136, "activity_lines": [ 12.81637, 12.583244, 12.961734, 13.031161 ] }, { "date": "2026-05-15", "close": 12.794459, "volume": 11789152, "typical_volume": 17897493.2, "trend": 13.042701, "fair_value": 10.890801, "relative_strength": -9.569799, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.524765, "energy": 19.518385, "activity_lines": [ 12.876751, 12.619936, 12.924604, 13.013112 ] }, { "date": "2026-05-22", "close": 12.304626, "volume": 14039645, "typical_volume": 16347850.45, "trend": 13.028189, "fair_value": 10.897384, "relative_strength": -12.435682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.298764, "energy": 22.287152, "activity_lines": [ 12.741557, 12.577303, 12.841516, 12.965495 ] }, { "date": "2026-05-29", "close": 11.236788, "volume": 16871396, "typical_volume": 16390523.65, "trend": 12.953415, "fair_value": 10.896582, "relative_strength": -18.926092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.973832, "energy": 38.165229, "activity_lines": [ 12.239314, 12.356071, 12.660564, 12.84992 ] }, { "date": "2026-06-05", "close": 10.84492, "volume": 3308220, "typical_volume": 15283042.95, "trend": 12.893912, "fair_value": 10.892848, "relative_strength": -20.475141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.783132, "energy": 70.845184, "activity_lines": [ 11.66327, 12.08383, 12.450973, 12.713888 ] }, { "date": "2026-06-12", "close": 10.413867, "volume": 2384910, "typical_volume": 13485571.6, "trend": 12.817041, "fair_value": 10.88737, "relative_strength": -23.06146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.934924, "energy": 82.761029, "activity_lines": [ 11.104206, 11.759672, 12.212068, 12.553885 ] }, { "date": "2026-06-19", "close": 10.07, "volume": 12616378, "typical_volume": 12868340.5, "trend": 12.715375, "fair_value": 10.878935, "relative_strength": -26.201781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.196508, "energy": 89.543994, "activity_lines": [ 10.621229, 11.39674, 11.957205, 12.376657 ] }, { "date": "2026-06-26", "close": 9.6, "volume": 3565566, "typical_volume": 11779569.95, "trend": 12.639375, "fair_value": 10.867734, "relative_strength": -28.075258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.061686, "energy": 93.240852, "activity_lines": [ 10.163215, 10.989081, 11.678199, 12.175665 ] }, { "date": "2026-07-03", "close": 10.12, "volume": 5606676, "typical_volume": 11240810.75, "trend": 12.562041, "fair_value": 10.86079, "relative_strength": -23.934735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.568007, "energy": 86.954492, "activity_lines": [ 10.058844, 10.722115, 11.474003, 12.013125 ] }, { "date": "2026-07-10", "close": 9.7, "volume": 14946562, "typical_volume": 11345174.65, "trend": 12.471375, "fair_value": 10.853494, "relative_strength": -25.629242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.922885, "energy": 87.18981, "activity_lines": [ 9.888924, 10.414586, 11.24914, 11.828477 ] }, { "date": "2026-07-17", "close": 9.49, "volume": 17350409, "typical_volume": 11678456.1, "trend": 12.342041, "fair_value": 10.841465, "relative_strength": -22.129821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.585437, "energy": 77.766794, "activity_lines": [ 9.725333, 10.133511, 11.02461, 11.63613 ] }, { "date": "2026-07-24", "close": 8.73, "volume": 21885667, "typical_volume": 12073160.45, "trend": 12.201708, "fair_value": 10.824132, "relative_strength": -28.705568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.599895, "energy": 70.361512, "activity_lines": [ 9.37, 9.783062, 10.74889, 11.403095 ] }, { "date": "2026-07-31", "close": 9.65, "volume": 16370380, "typical_volume": 12317068.8, "trend": 12.086375, "fair_value": 10.812574, "relative_strength": -20.981479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.943082, "energy": 62.700234, "activity_lines": [ 9.410667, 9.673786, 10.582694, 11.238469 ] }, { "date": "2026-08-07", "close": 10.21, "volume": 13558359, "typical_volume": 12204390.75, "trend": 11.991375, "fair_value": 10.800417, "relative_strength": -18.138183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.434215, "energy": 54.113545, "activity_lines": [ 9.634667, 9.714594, 10.486545, 11.117412 ] } ], "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." } } }