{ "ticker": { "uuid": "b678c2dc-a0a0-4c11-aacc-5aafa4472d80", "symbol": "002911", "name": "Foran Energy Group Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -38.209, "architecture_energy": 29.646, "architecture_maturity": 80.505, "architecture_confidence": 77.645, "architecture_tenure": "Developing", "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": 29.63, "rotation_up": 29.96, "upward_expansion": 23.26, "deceleration": 46.96, "rotation_down": 23.88, "downward_expansion": 59.59 }, "activity_lines": [ 10.950667, 10.658545, 11.019018, 11.694765 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 10.95, "trend_reference": 12.426472, "distance_from_trend": -0.118817, "trend_direction": "Weakening", "fair_value": 10.283303, "distance_from_fair_value": 0.064833, "fair_value_direction": "Weakening", "relative_strength": -12.717882, "relative_strength_direction": "Improving", "price_momentum": -0.216501, "excess_performance": -0.223901, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.118817, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.03426, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.064833, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.116649, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127179, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.052031, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.216501, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.713163, "read": "Supply-led" } ], "volume": { "latest": 36100431, "relative_activity": 1.160414, "balance": 0.713163, "dry_up": 1.379901, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.062522, "annualized_volatility": 0.273585, "from_high_reference": -0.372761, "from_low_reference": 0.139438 }, "levels": { "trend_reference": 12.426472, "fair_value_reference": 10.283303, "structural_low": 9.61, "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": 17, "median_return": 0.013344, "positive_rate": 0.705882, "directional_follow_through": 0.294118, "median_excess_return": -0.003813, "regime_survival": 0.705882, "best_return": 0.183199, "worst_return": -0.058436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.022593, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.062225, "regime_survival": 0.285714, "best_return": 0.375138, "worst_return": -0.033734, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.196188, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.148812, "regime_survival": 0.2, "best_return": 0.328749, "worst_return": -0.016407, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.213394, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.238172, "regime_survival": 0.0, "best_return": 0.337352, "worst_return": 0.082467, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2025-01-17", "tenure": "Established", "return": 0.09971, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-03-28", "tenure": "Developing", "return": 0.007609, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": -0.073375, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-08-01", "tenure": "Established", "return": 0.006876, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-08", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.128358, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": 0.018784, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": 0.150556, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-12-12", "tenure": "Developing", "return": -0.078848, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.17581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-04-03", "tenure": "Developing", "return": -0.025263, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": -0.129377, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": -0.119629, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.072478, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.802891, "volume": 16805827, "typical_volume": 24425790.15, "trend": 8.494871, "fair_value": 6.909669, "relative_strength": 6.216732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.416745, "energy": 54.177701, "activity_lines": [ 8.837731, 8.729959, 8.547973, 8.510986 ] }, { "date": "2023-08-04", "close": 8.931845, "volume": 22376572, "typical_volume": 24714971.75, "trend": 8.531021, "fair_value": 6.930542, "relative_strength": 5.922262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.43583, "energy": 49.252279, "activity_lines": [ 8.871214, 8.785984, 8.594409, 8.539178 ] }, { "date": "2023-08-11", "close": 8.606064, "volume": 44737930, "typical_volume": 25222757.2, "trend": 8.523151, "fair_value": 6.94944, "relative_strength": 6.486551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.053931, "energy": 27.5577, "activity_lines": [ 8.782529, 8.771176, 8.606431, 8.544019 ] }, { "date": "2023-08-18", "close": 8.259921, "volume": 21742421, "typical_volume": 24971314.8, "trend": 8.506142, "fair_value": 6.965618, "relative_strength": 5.587507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.554426, "energy": 11.547205, "activity_lines": [ 8.59249, 8.68973, 8.584429, 8.527037 ] }, { "date": "2023-08-25", "close": 8.239559, "volume": 17097599, "typical_volume": 25029767.2, "trend": 8.493691, "fair_value": 6.981551, "relative_strength": 8.35708, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -9.567141, "energy": 16.353566, "activity_lines": [ 8.44815, 8.607298, 8.561765, 8.509838 ] }, { "date": "2023-09-01", "close": 8.409236, "volume": 17762269, "typical_volume": 25089036.95, "trend": 8.482532, "fair_value": 6.996771, "relative_strength": 6.924755, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.440512, "energy": 18.057383, "activity_lines": [ 8.39521, 8.558677, 8.555699, 8.504389 ] }, { "date": "2023-09-08", "close": 8.368514, "volume": 11126448, "typical_volume": 24635444.05, "trend": 8.459762, "fair_value": 7.011456, "relative_strength": 8.312026, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.426572, "energy": 23.08577, "activity_lines": [ 8.35494, 8.505614, 8.545012, 8.497033 ] }, { "date": "2023-09-15", "close": 8.483895, "volume": 15450963, "typical_volume": 24532693.95, "trend": 8.4548, "fair_value": 7.028089, "relative_strength": 10.976415, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.030438, "energy": 17.159703, "activity_lines": [ 8.390685, 8.48007, 8.545044, 8.49859 ] }, { "date": "2023-09-22", "close": 8.164901, "volume": 14244062, "typical_volume": 24787343.15, "trend": 8.442915, "fair_value": 7.043362, "relative_strength": 6.448732, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.092297, "energy": 22.331415, "activity_lines": [ 8.328244, 8.402573, 8.513145, 8.479887 ] }, { "date": "2023-09-29", "close": 8.151326, "volume": 10153192, "typical_volume": 24637541.4, "trend": 8.427086, "fair_value": 7.059254, "relative_strength": 6.832342, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.194157, "energy": 30.656937, "activity_lines": [ 8.267612, 8.338651, 8.479209, 8.461075 ] }, { "date": "2023-10-13", "close": 8.056306, "volume": 16000967, "typical_volume": 24038490.05, "trend": 8.418562, "fair_value": 7.073989, "relative_strength": 5.866211, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.531066, "energy": 38.097789, "activity_lines": [ 8.181189, 8.268558, 8.436353, 8.437153 ] }, { "date": "2023-10-20", "close": 7.832332, "volume": 15309758, "typical_volume": 23102966.95, "trend": 8.405626, "fair_value": 7.088178, "relative_strength": 7.972906, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.836392, "energy": 67.167045, "activity_lines": [ 8.043637, 8.171317, 8.373201, 8.399332 ] }, { "date": "2023-10-27", "close": 8.110603, "volume": 15518204, "typical_volume": 22481698.3, "trend": 8.396511, "fair_value": 7.104653, "relative_strength": 9.230232, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.466312, "energy": 57.817216, "activity_lines": [ 8.034588, 8.144662, 8.338748, 8.380298 ] }, { "date": "2023-11-03", "close": 8.144539, "volume": 11866747, "typical_volume": 22019606.2, "trend": 8.383729, "fair_value": 7.120182, "relative_strength": 8.479933, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.032154, "energy": 48.619583, "activity_lines": [ 8.061736, 8.133186, 8.308917, 8.364042 ] }, { "date": "2023-11-10", "close": 8.185264, "volume": 13693497, "typical_volume": 22072934.0, "trend": 8.378848, "fair_value": 7.134217, "relative_strength": 7.318441, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.331738, "energy": 34.392381, "activity_lines": [ 8.103817, 8.131212, 8.284225, 8.351238 ] }, { "date": "2023-11-17", "close": 8.137752, "volume": 12892271, "typical_volume": 21955386.2, "trend": 8.375002, "fair_value": 7.149498, "relative_strength": 6.376561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.694172, "energy": 23.220773, "activity_lines": [ 8.127798, 8.121587, 8.256042, 8.335683 ] }, { "date": "2023-11-24", "close": 8.137752, "volume": 12505470, "typical_volume": 18942774.1, "trend": 8.369193, "fair_value": 7.165713, "relative_strength": 7.576941, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.995736, "energy": 20.988999, "activity_lines": [ 8.146349, 8.116897, 8.229928, 8.320377 ] }, { "date": "2023-12-01", "close": 8.103817, "volume": 11525663, "typical_volume": 18006160.4, "trend": 8.367383, "fair_value": 7.179933, "relative_strength": 8.026174, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.721756, "energy": 22.128461, "activity_lines": [ 8.133228, 8.110234, 8.203393, 8.303256 ] }, { "date": "2023-12-08", "close": 8.002009, "volume": 12059880, "typical_volume": 16636027.5, "trend": 8.367157, "fair_value": 7.194982, "relative_strength": 8.197235, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.706593, "energy": 32.320413, "activity_lines": [ 8.086622, 8.09197, 8.170557, 8.279683 ] }, { "date": "2023-12-15", "close": 8.246346, "volume": 22726864, "typical_volume": 16779830.2, "trend": 8.369419, "fair_value": 7.211027, "relative_strength": 13.386833, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.77113, "energy": 21.042781, "activity_lines": [ 8.130965, 8.121093, 8.165967, 8.271889 ] }, { "date": "2023-12-22", "close": 7.784822, "volume": 17715245, "typical_volume": 16825301.1, "trend": 8.35313, "fair_value": 7.222814, "relative_strength": 8.736664, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.613169, "energy": 37.647612, "activity_lines": [ 8.017394, 8.064575, 8.119879, 8.234173 ] }, { "date": "2023-12-29", "close": 7.778035, "volume": 14090282, "typical_volume": 16410986.6, "trend": 8.335936, "fair_value": 7.233532, "relative_strength": 5.158311, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.782237, "energy": 52.142517, "activity_lines": [ 7.925089, 8.011759, 8.077993, 8.19707 ] }, { "date": "2024-01-05", "close": 7.873055, "volume": 11430277, "typical_volume": 14745603.95, "trend": 8.31829, "fair_value": 7.247845, "relative_strength": 10.897186, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.509823, "energy": 49.174596, "activity_lines": [ 7.888439, 7.977206, 8.050651, 8.167207 ] }, { "date": "2024-01-12", "close": 7.764462, "volume": 11219902, "typical_volume": 14219478.0, "trend": 8.296797, "fair_value": 7.260049, "relative_strength": 10.417659, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.771339, "energy": 64.791956, "activity_lines": [ 7.830975, 7.927228, 8.016457, 8.131476 ] }, { "date": "2024-01-19", "close": 7.893416, "volume": 46413386, "typical_volume": 15685267.35, "trend": 8.279829, "fair_value": 7.27039, "relative_strength": 14.584854, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.389661, "energy": 48.506168, "activity_lines": [ 7.832332, 7.907607, 7.996903, 8.105451 ] }, { "date": "2024-01-26", "close": 7.995223, "volume": 24167396, "typical_volume": 16005523.7, "trend": 8.260599, "fair_value": 7.280471, "relative_strength": 15.944504, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.41165, "energy": 30.209411, "activity_lines": [ 7.891154, 7.911803, 7.988694, 8.08709 ] }, { "date": "2024-02-02", "close": 7.560848, "volume": 23022583, "typical_volume": 16600330.45, "trend": 8.221686, "fair_value": 7.288611, "relative_strength": 18.625456, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.521955, "energy": 37.894998, "activity_lines": [ 7.791157, 7.839613, 7.941088, 8.041945 ] }, { "date": "2024-02-09", "close": 7.968074, "volume": 33106856, "typical_volume": 17483125.1, "trend": 8.193407, "fair_value": 7.302143, "relative_strength": 13.682909, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.376979, "energy": 24.636862, "activity_lines": [ 7.841382, 7.851953, 7.93611, 8.025582 ] }, { "date": "2024-02-23", "close": 8.253133, "volume": 31038341, "typical_volume": 18322839.05, "trend": 8.166937, "fair_value": 7.318414, "relative_strength": 14.093574, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.56516, "energy": 9.381162, "activity_lines": [ 7.980291, 7.91859, 7.960738, 8.029436 ] }, { "date": "2024-03-01", "close": 8.402451, "volume": 32143111, "typical_volume": 19422335.0, "trend": 8.154946, "fair_value": 7.33758, "relative_strength": 11.247581, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.194155, "energy": 7.252499, "activity_lines": [ 8.136395, 8.00781, 7.999166, 8.04463 ] }, { "date": "2024-03-08", "close": 8.789314, "volume": 38621951, "typical_volume": 20553384.2, "trend": 8.154494, "fair_value": 7.359408, "relative_strength": 16.582977, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.804101, "energy": 30.15389, "activity_lines": [ 8.387518, 8.164531, 8.073242, 8.085557 ] }, { "date": "2024-03-15", "close": 9.10831, "volume": 27903660, "typical_volume": 21183079.3, "trend": 8.160376, "fair_value": 7.383555, "relative_strength": 17.136335, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.954638, "energy": 60.777003, "activity_lines": [ 8.692033, 8.360987, 8.174209, 8.147094 ] }, { "date": "2024-03-22", "close": 8.972567, "volume": 20615027, "typical_volume": 21437920.45, "trend": 8.172593, "fair_value": 7.405554, "relative_strength": 15.379494, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.035684, "energy": 74.29982, "activity_lines": [ 8.848137, 8.508575, 8.256171, 8.199493 ] }, { "date": "2024-03-29", "close": 9.250839, "volume": 26638344, "typical_volume": 22176500.3, "trend": 8.205623, "fair_value": 7.429612, "relative_strength": 20.315874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.462283, "energy": 80.820067, "activity_lines": [ 9.030031, 8.686768, 8.360531, 8.269057 ] }, { "date": "2024-04-05", "close": 9.529111, "volume": 20169895, "typical_volume": 22500320.2, "trend": 8.248608, "fair_value": 7.454335, "relative_strength": 21.274387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.624221, "energy": 83.639105, "activity_lines": [ 9.23817, 8.888531, 8.486125, 8.354444 ] }, { "date": "2024-04-12", "close": 9.814169, "volume": 26162231, "typical_volume": 23163818.2, "trend": 8.295439, "fair_value": 7.480704, "relative_strength": 28.179711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.590933, "energy": 85.145207, "activity_lines": [ 9.466217, 9.112382, 8.632468, 8.455448 ] }, { "date": "2024-04-19", "close": 9.868466, "volume": 36321089, "typical_volume": 24354599.15, "trend": 8.345438, "fair_value": 7.506646, "relative_strength": 27.095305, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.954226, "energy": 83.470903, "activity_lines": [ 9.644039, 9.313034, 8.776, 8.556933 ] }, { "date": "2024-04-26", "close": 8.992637, "volume": 41413033, "typical_volume": 25848967.65, "trend": 8.362396, "fair_value": 7.521206, "relative_strength": 12.907556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.049394, "energy": 53.625645, "activity_lines": [ 9.479241, 9.312487, 8.827877, 8.598688 ] }, { "date": "2024-05-03", "close": 8.836003, "volume": 25192062, "typical_volume": 26505576.75, "trend": 8.384766, "fair_value": 7.533075, "relative_strength": 9.027501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.920353, "energy": 39.860244, "activity_lines": [ 9.260894, 9.264833, 8.860604, 8.629243 ] }, { "date": "2024-05-10", "close": 9.093988, "volume": 36849043, "typical_volume": 27211685.7, "trend": 8.416188, "fair_value": 7.548536, "relative_strength": 10.010813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.672656, "energy": 29.169573, "activity_lines": [ 9.156198, 9.253488, 8.913931, 8.674999 ] }, { "date": "2024-05-17", "close": 8.928141, "volume": 34114203, "typical_volume": 28031633.6, "trend": 8.445249, "fair_value": 7.561497, "relative_strength": 7.751502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.416684, "energy": 26.72565, "activity_lines": [ 9.025227, 9.199415, 8.947425, 8.708029 ] }, { "date": "2024-05-24", "close": 8.863644, "volume": 24312922, "typical_volume": 28542765.6, "trend": 8.479626, "fair_value": 7.577727, "relative_strength": 9.718182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.182627, "energy": 24.493433, "activity_lines": [ 8.931826, 9.131092, 8.969333, 8.735022 ] }, { "date": "2024-05-31", "close": 8.955782, "volume": 24679396, "typical_volume": 29205221.55, "trend": 8.507799, "fair_value": 7.597068, "relative_strength": 11.047135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.902582, "energy": 19.867167, "activity_lines": [ 8.936126, 9.083969, 8.994846, 8.765742 ] }, { "date": "2024-06-07", "close": 8.909713, "volume": 22582444, "typical_volume": 29773348.65, "trend": 8.533305, "fair_value": 7.616633, "relative_strength": 11.270488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.109545, "energy": 18.378271, "activity_lines": [ 8.927526, 9.028775, 9.010816, 8.791672 ] }, { "date": "2024-06-14", "close": 8.624085, "volume": 26528355, "typical_volume": 28779097.1, "trend": 8.547932, "fair_value": 7.634767, "relative_strength": 7.342159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.40396, "energy": 10.731396, "activity_lines": [ 8.818803, 8.927852, 8.99413, 8.797528 ] }, { "date": "2024-06-21", "close": 8.347673, "volume": 21360813, "typical_volume": 28638767.95, "trend": 8.554929, "fair_value": 7.650369, "relative_strength": 5.717801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.530851, "energy": 17.621258, "activity_lines": [ 8.64927, 8.793126, 8.947639, 8.784608 ] }, { "date": "2024-06-28", "close": 8.421384, "volume": 20536054, "typical_volume": 28514441.5, "trend": 8.564384, "fair_value": 7.667803, "relative_strength": 8.755635, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.890986, "energy": 33.031125, "activity_lines": [ 8.543005, 8.698466, 8.90649, 8.775993 ] }, { "date": "2024-07-05", "close": 8.983423, "volume": 34228973, "typical_volume": 28570547.35, "trend": 8.593704, "fair_value": 7.68892, "relative_strength": 17.391766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.54168, "energy": 16.834766, "activity_lines": [ 8.65357, 8.732306, 8.914771, 8.803027 ] }, { "date": "2024-07-12", "close": 8.725437, "volume": 18428220, "typical_volume": 27940041.3, "trend": 8.617818, "fair_value": 7.709023, "relative_strength": 11.506514, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.838658, "energy": 13.486844, "activity_lines": [ 8.676297, 8.719407, 8.893647, 8.811526 ] }, { "date": "2024-07-19", "close": 8.762293, "volume": 17191871, "typical_volume": 27192479.3, "trend": 8.635017, "fair_value": 7.729682, "relative_strength": 10.938174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.421369, "energy": 10.327737, "activity_lines": [ 8.723595, 8.715219, 8.873784, 8.820847 ] }, { "date": "2024-07-26", "close": 9.582318, "volume": 39958246, "typical_volume": 27259294.05, "trend": 8.694933, "fair_value": 7.754718, "relative_strength": 24.83281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.840579, "energy": 34.064546, "activity_lines": [ 9.03502, 8.866157, 8.930305, 8.881963 ] }, { "date": "2024-08-02", "close": 9.471752, "volume": 26919036, "typical_volume": 27210062.85, "trend": 8.75139, "fair_value": 7.778726, "relative_strength": 23.233901, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.880002, "energy": 46.312026, "activity_lines": [ 9.227281, 8.985098, 8.972519, 8.932081 ] }, { "date": "2024-08-09", "close": 9.517821, "volume": 17942122, "typical_volume": 27076417.6, "trend": 8.806216, "fair_value": 7.803468, "relative_strength": 25.277578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.451205, "energy": 61.170716, "activity_lines": [ 9.364873, 9.101359, 9.017391, 8.981528 ] }, { "date": "2024-08-16", "close": 9.416471, "volume": 13000075, "typical_volume": 26394504.15, "trend": 8.861283, "fair_value": 7.828161, "relative_strength": 23.718974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.66099, "energy": 65.340689, "activity_lines": [ 9.433055, 9.188974, 9.050013, 9.020899 ] }, { "date": "2024-08-23", "close": 9.259837, "volume": 11674504, "typical_volume": 25969734.6, "trend": 8.90683, "fair_value": 7.85233, "relative_strength": 23.285629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.209561, "energy": 56.560919, "activity_lines": [ 9.402957, 9.238896, 9.06693, 9.046612 ] }, { "date": "2024-08-30", "close": 8.918926, "volume": 19607523, "typical_volume": 25641999.2, "trend": 8.93762, "fair_value": 7.874633, "relative_strength": 15.702459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.501875, "energy": 24.664422, "activity_lines": [ 9.226052, 9.215275, 9.05266, 9.047393 ] }, { "date": "2024-09-06", "close": 9.416471, "volume": 22185068, "typical_volume": 24935198.15, "trend": 8.999474, "fair_value": 7.897646, "relative_strength": 24.533578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.438373, "energy": 22.521196, "activity_lines": [ 9.259222, 9.27173, 9.09004, 9.078286 ] }, { "date": "2024-09-13", "close": 8.983423, "volume": 27666887, "typical_volume": 24247890.85, "trend": 9.033319, "fair_value": 7.915724, "relative_strength": 20.198006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.234886, "energy": 13.83614, "activity_lines": [ 9.151728, 9.231357, 9.088328, 9.077251 ] }, { "date": "2024-09-20", "close": 9.195339, "volume": 11238696, "typical_volume": 23550222.55, "trend": 9.064726, "fair_value": 7.935241, "relative_strength": 20.831724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.697047, "energy": 15.051618, "activity_lines": [ 9.150499, 9.229514, 9.106844, 9.087704 ] }, { "date": "2024-09-27", "close": 9.867945, "volume": 30148167, "typical_volume": 23215178.75, "trend": 9.113576, "fair_value": 7.95503, "relative_strength": 9.600262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.216649, "energy": 36.960904, "activity_lines": [ 9.388215, 9.34142, 9.187705, 9.139524 ] }, { "date": "2024-10-04", "close": 10.577405, "volume": 16041772, "typical_volume": 22311557.2, "trend": 9.173179, "fair_value": 7.980486, "relative_strength": 5.722023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.052383, "energy": 71.625376, "activity_lines": [ 9.821876, 9.562215, 9.332449, 9.233965 ] }, { "date": "2024-10-11", "close": 9.969296, "volume": 48567599, "typical_volume": 23524291.05, "trend": 9.201879, "fair_value": 7.997646, "relative_strength": 3.900986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.322801, "energy": 65.146261, "activity_lines": [ 9.942269, 9.654353, 9.411425, 9.285327 ] }, { "date": "2024-10-18", "close": 10.098289, "volume": 37151809, "typical_volume": 24147911.7, "trend": 9.239403, "fair_value": 8.014193, "relative_strength": 1.869096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.785816, "energy": 69.014359, "activity_lines": [ 10.068805, 9.760898, 9.49742, 9.34316 ] }, { "date": "2024-10-25", "close": 10.503694, "volume": 31478721, "typical_volume": 24592725.55, "trend": 9.281165, "fair_value": 8.032979, "relative_strength": 2.989761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.653757, "energy": 77.150348, "activity_lines": [ 10.256151, 9.930598, 9.616584, 9.424727 ] }, { "date": "2024-11-01", "close": 10.227283, "volume": 36209195, "typical_volume": 25076767.55, "trend": 9.304437, "fair_value": 8.049034, "relative_strength": 1.554657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.97307, "energy": 55.952859, "activity_lines": [ 10.264137, 10.030275, 9.701834, 9.485767 ] }, { "date": "2024-11-08", "close": 10.457625, "volume": 30162997, "typical_volume": 25516876.75, "trend": 9.325885, "fair_value": 8.064885, "relative_strength": -2.942085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.060481, "energy": 58.788481, "activity_lines": [ 10.324948, 10.154242, 9.801386, 9.560166 ] }, { "date": "2024-11-15", "close": 10.531336, "volume": 41556338, "typical_volume": 26567890.95, "trend": 9.347981, "fair_value": 8.091246, "relative_strength": 1.173642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.823521, "energy": 53.019691, "activity_lines": [ 10.418314, 10.263634, 9.897911, 9.637937 ] }, { "date": "2024-11-22", "close": 10.927527, "volume": 47982026, "typical_volume": 27255543.6, "trend": 9.412477, "fair_value": 8.120907, "relative_strength": 7.605463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.554345, "energy": 51.726212, "activity_lines": [ 10.606274, 10.424791, 10.022122, 9.739844 ] }, { "date": "2024-11-29", "close": 10.863031, "volume": 56022749, "typical_volume": 29135270.05, "trend": 9.480045, "fair_value": 8.151633, "relative_strength": 4.819016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.226722, "energy": 49.205492, "activity_lines": [ 10.717454, 10.538874, 10.130932, 9.833428 ] }, { "date": "2024-12-06", "close": 10.899887, "volume": 28200960, "typical_volume": 29685724.5, "trend": 9.540242, "fair_value": 8.183676, "relative_strength": 3.066065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.710776, "energy": 50.530968, "activity_lines": [ 10.816962, 10.629337, 10.233073, 9.92503 ] }, { "date": "2024-12-13", "close": 11.13023, "volume": 31130007, "typical_volume": 29244312.55, "trend": 9.613645, "fair_value": 8.216635, "relative_strength": 5.595758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.36574, "energy": 54.263128, "activity_lines": [ 10.948412, 10.742917, 10.346973, 10.02761 ] }, { "date": "2024-12-20", "close": 11.074948, "volume": 22531710, "typical_volume": 29024946.25, "trend": 9.687355, "fair_value": 8.246521, "relative_strength": 5.394201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.238854, "energy": 47.760258, "activity_lines": [ 11.016594, 10.836395, 10.448236, 10.121888 ] }, { "date": "2024-12-27", "close": 11.784408, "volume": 34054204, "typical_volume": 29830550.35, "trend": 9.781642, "fair_value": 8.279834, "relative_strength": 11.437918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.239172, "energy": 65.353754, "activity_lines": [ 11.285022, 11.038763, 10.609433, 10.257182 ] }, { "date": "2025-01-03", "close": 10.936741, "volume": 29159990, "typical_volume": 30638546.1, "trend": 9.84921, "fair_value": 8.305515, "relative_strength": 10.774352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.980306, "energy": 46.659211, "activity_lines": [ 11.213769, 11.056353, 10.679107, 10.331704 ] }, { "date": "2025-01-10", "close": 10.31942, "volume": 21649227, "typical_volume": 31137282.25, "trend": 9.905721, "fair_value": 8.327839, "relative_strength": 5.216271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.336371, "energy": 32.307743, "activity_lines": [ 10.931828, 10.953829, 10.682749, 10.36204 ] }, { "date": "2025-01-17", "close": 10.466839, "volume": 16825468, "typical_volume": 30998179.5, "trend": 9.97636, "fair_value": 8.350347, "relative_strength": 2.553008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.589657, "energy": 22.50465, "activity_lines": [ 10.737724, 10.876433, 10.695385, 10.398241 ] }, { "date": "2025-01-24", "close": 10.503694, "volume": 15094180, "typical_volume": 30643635.1, "trend": 10.04577, "fair_value": 8.372172, "relative_strength": 1.363037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.470651, "energy": 22.037841, "activity_lines": [ 10.600132, 10.805571, 10.70416, 10.432263 ] }, { "date": "2025-01-31", "close": 10.724825, "volume": 4246030, "typical_volume": 29472592.25, "trend": 10.103817, "fair_value": 8.396135, "relative_strength": 4.602842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.121596, "energy": 20.775923, "activity_lines": [ 10.574333, 10.775417, 10.728817, 10.476073 ] }, { "date": "2025-02-07", "close": 10.393129, "volume": 13569912, "typical_volume": 29589153.05, "trend": 10.159407, "fair_value": 8.41961, "relative_strength": -2.738989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.749811, "energy": 11.740459, "activity_lines": [ 10.508608, 10.68864, 10.713593, 10.494738 ] }, { "date": "2025-02-14", "close": 10.420771, "volume": 16830548, "typical_volume": 28923272.1, "trend": 10.214689, "fair_value": 8.443743, "relative_strength": -4.174458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.942218, "energy": 10.062317, "activity_lines": [ 10.488338, 10.615432, 10.695297, 10.5116 ] }, { "date": "2025-02-21", "close": 10.536578, "volume": 32933123, "typical_volume": 29767839.65, "trend": 10.246498, "fair_value": 8.469418, "relative_strength": -5.329522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.971224, "energy": 9.537382, "activity_lines": [ 10.499914, 10.571992, 10.685398, 10.532367 ] }, { "date": "2025-02-28", "close": 10.611839, "volume": 20253780, "typical_volume": 28352148.7, "trend": 10.284501, "fair_value": 8.496655, "relative_strength": -1.442576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.580287, "energy": 9.257443, "activity_lines": [ 10.531927, 10.553029, 10.682861, 10.555938 ] }, { "date": "2025-03-07", "close": 10.564801, "volume": 16851751, "typical_volume": 27337145.8, "trend": 10.3194, "fair_value": 8.521551, "relative_strength": -4.048899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.176287, "energy": 10.598521, "activity_lines": [ 10.541051, 10.533934, 10.672784, 10.574022 ] }, { "date": "2025-03-14", "close": 10.489539, "volume": 20969891, "typical_volume": 26811704.3, "trend": 10.355169, "fair_value": 8.545884, "relative_strength": -5.914383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.560789, "energy": 8.740246, "activity_lines": [ 10.535756, 10.523329, 10.653318, 10.584998 ] }, { "date": "2025-03-21", "close": 10.461316, "volume": 17373157, "typical_volume": 25869902.4, "trend": 10.395219, "fair_value": 8.569917, "relative_strength": -3.689313, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.082664, "energy": 5.288011, "activity_lines": [ 10.514626, 10.515724, 10.631232, 10.591847 ] }, { "date": "2025-03-28", "close": 10.583616, "volume": 21066629, "typical_volume": 25415084.0, "trend": 10.450708, "fair_value": 8.594254, "relative_strength": -1.851976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.020834, "energy": 9.655692, "activity_lines": [ 10.53156, 10.527776, 10.619679, 10.604001 ] }, { "date": "2025-04-04", "close": 10.640063, "volume": 17126519, "typical_volume": 24193593.05, "trend": 10.491495, "fair_value": 8.621672, "relative_strength": 0.917623, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.762894, "energy": 7.209495, "activity_lines": [ 10.564174, 10.547967, 10.612902, 10.616218 ] }, { "date": "2025-04-11", "close": 10.113234, "volume": 29433177, "typical_volume": 23266150.6, "trend": 10.529155, "fair_value": 8.648432, "relative_strength": 1.170013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.225292, "energy": 24.98511, "activity_lines": [ 10.419296, 10.469892, 10.555433, 10.591814 ] }, { "date": "2025-04-18", "close": 10.273164, "volume": 10163077, "typical_volume": 20973167.0, "trend": 10.565082, "fair_value": 8.674817, "relative_strength": 3.350403, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.574566, "energy": 30.72671, "activity_lines": [ 10.357833, 10.432015, 10.517072, 10.575298 ] }, { "date": "2025-04-25", "close": 10.522406, "volume": 11703391, "typical_volume": 20148288.55, "trend": 10.586898, "fair_value": 8.7036, "relative_strength": 4.193886, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.536132, "energy": 35.142186, "activity_lines": [ 10.393875, 10.441635, 10.505258, 10.572545 ] }, { "date": "2025-05-02", "close": 9.859349, "volume": 12998032, "typical_volume": 19241689.8, "trend": 10.562963, "fair_value": 8.729172, "relative_strength": -2.338715, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.508719, "energy": 59.323347, "activity_lines": [ 10.204826, 10.328852, 10.432094, 10.525606 ] }, { "date": "2025-05-09", "close": 9.782474, "volume": 16946716, "typical_volume": 18962440.1, "trend": 10.556735, "fair_value": 8.753972, "relative_strength": -5.328571, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.723162, "energy": 64.91541, "activity_lines": [ 10.038436, 10.214405, 10.35766, 10.475252 ] }, { "date": "2025-05-16", "close": 9.782474, "volume": 17747091, "typical_volume": 18147084.45, "trend": 10.546208, "fair_value": 8.779291, "relative_strength": -5.892858, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.264, "energy": 68.49892, "activity_lines": [ 9.929219, 10.115038, 10.28938, 10.4253 ] }, { "date": "2025-05-23", "close": 9.724816, "volume": 14349250, "typical_volume": 17406547.45, "trend": 10.520245, "fair_value": 8.806081, "relative_strength": -6.04596, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.44279, "energy": 77.088392, "activity_lines": [ 9.822833, 10.019411, 10.225142, 10.372307 ] }, { "date": "2025-05-30", "close": 9.859349, "volume": 11791389, "typical_volume": 16913655.55, "trend": 10.507981, "fair_value": 8.833332, "relative_strength": -3.921761, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.265407, "energy": 70.886426, "activity_lines": [ 9.797849, 9.962149, 10.179488, 10.329668 ] }, { "date": "2025-06-06", "close": 9.753645, "volume": 12569899, "typical_volume": 16700877.1, "trend": 10.484515, "fair_value": 8.859427, "relative_strength": -6.278607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.589416, "energy": 64.381495, "activity_lines": [ 9.781833, 9.896612, 10.125958, 10.281002 ] }, { "date": "2025-06-13", "close": 9.897787, "volume": 16559818, "typical_volume": 16774159.0, "trend": 10.463397, "fair_value": 8.886125, "relative_strength": -4.397148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.074312, "energy": 44.170692, "activity_lines": [ 9.820911, 9.872374, 10.089551, 10.243148 ] }, { "date": "2025-06-20", "close": 9.936225, "volume": 19031748, "typical_volume": 17513444.9, "trend": 10.430353, "fair_value": 8.91199, "relative_strength": -3.034473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.260882, "energy": 35.577716, "activity_lines": [ 9.865115, 9.86862, 10.059691, 10.209137 ] }, { "date": "2025-06-27", "close": 9.888178, "volume": 12732068, "typical_volume": 17471552.7, "trend": 10.397858, "fair_value": 8.937533, "relative_strength": -6.978048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.057865, "energy": 28.617561, "activity_lines": [ 9.883053, 9.859349, 10.02901, 10.174158 ] }, { "date": "2025-07-04", "close": 9.792083, "volume": 12819522, "typical_volume": 17271001.4, "trend": 10.360931, "fair_value": 8.961243, "relative_strength": -8.850075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.636652, "energy": 28.397832, "activity_lines": [ 9.858068, 9.839606, 9.991581, 10.135076 ] }, { "date": "2025-07-11", "close": 9.974664, "volume": 21497173, "typical_volume": 16699203.9, "trend": 10.322413, "fair_value": 8.986375, "relative_strength": -8.685848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.715754, "energy": 24.882606, "activity_lines": [ 9.898428, 9.866338, 9.974535, 10.110155 ] }, { "date": "2025-07-18", "close": 10.080368, "volume": 26750872, "typical_volume": 17024058.5, "trend": 10.28926, "fair_value": 9.012857, "relative_strength": -9.456052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.417381, "energy": 18.806556, "activity_lines": [ 9.959288, 9.910192, 9.970232, 10.094539 ] }, { "date": "2025-07-25", "close": 10.06115, "volume": 17282247, "typical_volume": 17045583.3, "trend": 10.231818, "fair_value": 9.038963, "relative_strength": -11.329195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.718023, "energy": 15.9041, "activity_lines": [ 10.001571, 9.945136, 9.96663, 10.079823 ] }, { "date": "2025-08-01", "close": 9.84974, "volume": 15809943, "typical_volume": 16787585.9, "trend": 10.195585, "fair_value": 9.063756, "relative_strength": -11.441861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.345098, "energy": 19.719646, "activity_lines": [ 9.965054, 9.936575, 9.945291, 10.055173 ] }, { "date": "2025-08-08", "close": 10.003491, "volume": 13426423, "typical_volume": 16590249.2, "trend": 10.185054, "fair_value": 9.089954, "relative_strength": -10.770994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.331212, "energy": 12.794154, "activity_lines": [ 9.982351, 9.953697, 9.941642, 10.042779 ] }, { "date": "2025-08-15", "close": 12.876734, "volume": 144479318, "typical_volume": 22760883.65, "trend": 10.265383, "fair_value": 9.124794, "relative_strength": 9.906502, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.44078, "energy": 72.670351, "activity_lines": [ 10.943301, 10.490607, 10.213815, 10.216436 ] }, { "date": "2025-08-22", "close": 11.195069, "volume": 191864379, "typical_volume": 31497776.65, "trend": 10.288429, "fair_value": 9.123137, "relative_strength": -8.249865, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.996887, "energy": 61.739819, "activity_lines": [ 11.150226, 10.664975, 10.314911, 10.276416 ] }, { "date": "2025-08-29", "close": 11.223899, "volume": 90570484, "typical_volume": 34554642.0, "trend": 10.305065, "fair_value": 9.134125, "relative_strength": -11.541628, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.41788, "energy": 73.273618, "activity_lines": [ 11.292446, 10.820999, 10.416109, 10.336769 ] }, { "date": "2025-09-05", "close": 10.743424, "volume": 44010629, "typical_volume": 36247019.6, "trend": 10.316742, "fair_value": 9.149124, "relative_strength": -14.114483, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.394134, "energy": 69.54347, "activity_lines": [ 11.196992, 10.866251, 10.466258, 10.36505 ] }, { "date": "2025-09-12", "close": 10.945224, "volume": 39488195, "typical_volume": 37636259.8, "trend": 10.334223, "fair_value": 9.15971, "relative_strength": -14.297818, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.015792, "energy": 37.603571, "activity_lines": [ 11.109226, 10.932644, 10.533387, 10.405597 ] }, { "date": "2025-09-19", "close": 11.233508, "volume": 69721205, "typical_volume": 40472418.45, "trend": 10.357454, "fair_value": 9.168158, "relative_strength": -12.552639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.931555, "energy": 33.727511, "activity_lines": [ 11.054772, 11.030486, 10.625959, 10.463616 ] }, { "date": "2025-09-26", "close": 11.233508, "volume": 78018065, "typical_volume": 43525985.9, "trend": 10.378177, "fair_value": 9.185753, "relative_strength": -13.149939, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.832895, "energy": 30.412502, "activity_lines": [ 11.109866, 11.10544, 10.711987, 10.520135 ] }, { "date": "2025-10-03", "close": 12.924781, "volume": 94076417, "typical_volume": 47342452.2, "trend": 10.456843, "fair_value": 9.207434, "relative_strength": -2.325696, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.624043, "energy": 50.364027, "activity_lines": [ 11.726156, 11.466932, 10.952179, 10.684432 ] }, { "date": "2025-10-10", "close": 12.674933, "volume": 65027003, "typical_volume": 49876339.85, "trend": 10.529689, "fair_value": 9.234898, "relative_strength": -2.906858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.295124, "energy": 67.629001, "activity_lines": [ 12.14577, 11.730931, 11.153612, 10.827535 ] }, { "date": "2025-10-17", "close": 11.954221, "volume": 133828125, "typical_volume": 55978176.65, "trend": 10.579453, "fair_value": 9.259085, "relative_strength": -3.555558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.432115, "energy": 62.481077, "activity_lines": [ 12.19638, 11.812524, 11.272358, 10.91944 ] }, { "date": "2025-10-24", "close": 11.752421, "volume": 87495756, "typical_volume": 59724469.5, "trend": 10.618413, "fair_value": 9.285544, "relative_strength": -9.279263, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.90471, "energy": 55.849246, "activity_lines": [ 12.112457, 11.821959, 11.361909, 10.995116 ] }, { "date": "2025-10-31", "close": 11.713984, "volume": 70337029, "typical_volume": 62413330.05, "trend": 10.65421, "fair_value": 9.308777, "relative_strength": -9.99561, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.094531, "energy": 34.624268, "activity_lines": [ 11.981128, 11.844847, 11.438282, 11.065798 ] }, { "date": "2025-11-07", "close": 12.492352, "volume": 139662343, "typical_volume": 68444859.8, "trend": 10.733514, "fair_value": 9.338218, "relative_strength": -4.190774, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.499759, "energy": 32.302292, "activity_lines": [ 12.077222, 11.999822, 11.580137, 11.184387 ] }, { "date": "2025-11-14", "close": 12.684543, "volume": 94575915, "typical_volume": 72537052.15, "trend": 10.813893, "fair_value": 9.373253, "relative_strength": -1.293729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.926765, "energy": 37.330023, "activity_lines": [ 12.266209, 12.166678, 11.728123, 11.31026 ] }, { "date": "2025-11-21", "close": 11.608278, "volume": 45463479, "typical_volume": 74169250.0, "trend": 10.850089, "fair_value": 9.397403, "relative_strength": -4.556041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.91944, "energy": 29.044527, "activity_lines": [ 12.0958, 12.102556, 11.760292, 11.361511 ] }, { "date": "2025-11-28", "close": 11.723593, "volume": 33173490, "typical_volume": 74753065.85, "trend": 10.912231, "fair_value": 9.421831, "relative_strength": -6.695654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.095806, "energy": 26.865702, "activity_lines": [ 11.986893, 12.047345, 11.794795, 11.417866 ] }, { "date": "2025-12-05", "close": 11.752421, "volume": 29343239, "typical_volume": 74882684.2, "trend": 10.977895, "fair_value": 9.448374, "relative_strength": -7.416328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.110037, "energy": 19.950446, "activity_lines": [ 11.889517, 11.988465, 11.823715, 11.472072 ] }, { "date": "2025-12-12", "close": 11.675545, "volume": 23225433, "typical_volume": 75179843.5, "trend": 11.040998, "fair_value": 9.473292, "relative_strength": -8.50103, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.913741, "energy": 17.870166, "activity_lines": [ 11.763952, 11.906173, 11.837351, 11.517081 ] }, { "date": "2025-12-19", "close": 11.627499, "volume": 26840641, "typical_volume": 75731378.4, "trend": 11.104421, "fair_value": 9.487622, "relative_strength": -7.772149, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.9102, "energy": 12.60885, "activity_lines": [ 11.676827, 11.837859, 11.838724, 11.55492 ] }, { "date": "2025-12-26", "close": 11.810079, "volume": 23847425, "typical_volume": 76252428.5, "trend": 11.169445, "fair_value": 9.506773, "relative_strength": -9.084334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.911861, "energy": 10.800836, "activity_lines": [ 11.721031, 11.821785, 11.84902, 11.600447 ] }, { "date": "2026-01-02", "close": 11.646717, "volume": 15424521, "typical_volume": 69799688.65, "trend": 11.232547, "fair_value": 9.522947, "relative_strength": -9.373895, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.036588, "energy": 10.501487, "activity_lines": [ 11.697327, 11.778629, 11.835155, 11.631238 ] }, { "date": "2026-01-09", "close": 11.954221, "volume": 35283952, "typical_volume": 61970667.3, "trend": 11.301095, "fair_value": 9.547427, "relative_strength": -10.527117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.191399, "energy": 10.930869, "activity_lines": [ 11.78125, 11.793306, 11.856433, 11.677798 ] }, { "date": "2026-01-16", "close": 12.082908, "volume": 47406390, "typical_volume": 59812462.6, "trend": 11.372651, "fair_value": 9.574578, "relative_strength": -10.247426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.542812, "energy": 20.432117, "activity_lines": [ 11.894615, 11.827012, 11.886352, 11.728237 ] }, { "date": "2026-01-23", "close": 13.671731, "volume": 94695198, "typical_volume": 62346691.05, "trend": 11.49877, "fair_value": 9.605537, "relative_strength": 0.590343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.990892, "energy": 64.789731, "activity_lines": [ 12.510431, 12.157039, 12.063497, 11.876565 ] }, { "date": "2026-01-30", "close": 13.975766, "volume": 62976770, "typical_volume": 63521119.8, "trend": 11.638226, "fair_value": 9.638906, "relative_strength": 4.673814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.905166, "energy": 81.223293, "activity_lines": [ 13.091309, 12.524397, 12.255653, 12.036371 ] }, { "date": "2026-02-06", "close": 14.358261, "volume": 51990992, "typical_volume": 62634609.15, "trend": 11.784346, "fair_value": 9.675734, "relative_strength": 9.740195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.703527, "energy": 91.423052, "activity_lines": [ 13.655307, 12.918254, 12.469807, 12.211858 ] }, { "date": "2026-02-13", "close": 14.701525, "volume": 38229167, "typical_volume": 60645164.25, "trend": 11.938384, "fair_value": 9.713923, "relative_strength": 10.656466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.466348, "energy": 94.260468, "activity_lines": [ 14.152956, 13.326619, 12.701772, 12.400063 ] }, { "date": "2026-02-27", "close": 14.887869, "volume": 29896605, "typical_volume": 57436173.65, "trend": 12.099275, "fair_value": 9.751335, "relative_strength": 8.854025, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.282751, "energy": 92.872834, "activity_lines": [ 14.529566, 13.715245, 12.93497, 12.590352 ] }, { "date": "2026-03-06", "close": 14.858445, "volume": 128906569, "typical_volume": 60630151.95, "trend": 12.266232, "fair_value": 9.791243, "relative_strength": 11.001326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.754117, "energy": 87.053395, "activity_lines": [ 14.709371, 14.040116, 13.156018, 12.768363 ] }, { "date": "2026-03-13", "close": 15.08402, "volume": 78051836, "typical_volume": 57841337.5, "trend": 12.435583, "fair_value": 9.833311, "relative_strength": 11.646777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.155949, "energy": 68.415914, "activity_lines": [ 14.885253, 14.347255, 13.388152, 12.950156 ] }, { "date": "2026-03-20", "close": 14.456336, "volume": 53209226, "typical_volume": 56127011.0, "trend": 12.488236, "fair_value": 9.870684, "relative_strength": 10.005332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.945655, "energy": 56.859283, "activity_lines": [ 14.778024, 14.480744, 13.545602, 13.080527 ] }, { "date": "2026-03-27", "close": 14.24057, "volume": 49403983, "typical_volume": 55080358.7, "trend": 12.589753, "fair_value": 9.908687, "relative_strength": 9.072794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.918988, "energy": 48.299328, "activity_lines": [ 14.592334, 14.523919, 13.669627, 13.193581 ] }, { "date": "2026-04-03", "close": 13.622694, "volume": 40564134, "typical_volume": 50125448.25, "trend": 12.669713, "fair_value": 9.943317, "relative_strength": 7.475404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.025242, "energy": 32.165592, "activity_lines": [ 14.231416, 14.413183, 13.722776, 13.260222 ] }, { "date": "2026-04-10", "close": 13.691347, "volume": 23726534, "typical_volume": 46582979.2, "trend": 12.767977, "fair_value": 9.977338, "relative_strength": 0.938693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.525872, "energy": 22.607042, "activity_lines": [ 13.977728, 14.286933, 13.77708, 13.326134 ] }, { "date": "2026-04-17", "close": 13.328467, "volume": 60493519, "typical_volume": 47334481.2, "trend": 12.847418, "fair_value": 10.00811, "relative_strength": -5.283186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.035995, "energy": 21.7386, "activity_lines": [ 13.680885, 14.094348, 13.79203, 13.362295 ] }, { "date": "2026-04-24", "close": 13.38, "volume": 35857584, "typical_volume": 47468685.9, "trend": 12.918968, "fair_value": 10.040471, "relative_strength": -4.967204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.767727, "energy": 20.301779, "activity_lines": [ 13.518258, 13.922902, 13.803697, 13.396655 ] }, { "date": "2026-05-01", "close": 12.22, "volume": 49159924, "typical_volume": 48459520.15, "trend": 12.951851, "fair_value": 10.0659, "relative_strength": -13.723097, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.511864, "energy": 21.539398, "activity_lines": [ 13.040719, 13.558333, 13.696999, 13.35156 ] }, { "date": "2026-05-08", "close": 11.92, "volume": 23013358, "typical_volume": 48448916.4, "trend": 12.918358, "fair_value": 10.089028, "relative_strength": -17.921, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.814166, "energy": 36.049305, "activity_lines": [ 12.597885, 13.184338, 13.559504, 13.284989 ] }, { "date": "2026-05-15", "close": 11.87, "volume": 44505325, "typical_volume": 49332150.6, "trend": 12.891527, "fair_value": 10.112822, "relative_strength": -17.908727, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.955899, "energy": 54.42943, "activity_lines": [ 12.251898, 12.855213, 13.416083, 13.217353 ] }, { "date": "2026-05-22", "close": 11.62, "volume": 36347618, "typical_volume": 49957160.25, "trend": 12.880386, "fair_value": 10.135971, "relative_strength": -19.462803, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.5056, "energy": 62.392108, "activity_lines": [ 11.944, 12.534969, 13.247697, 13.135319 ] }, { "date": "2026-05-29", "close": 11.36, "volume": 23553008, "typical_volume": 50363584.6, "trend": 12.867306, "fair_value": 10.156365, "relative_strength": -20.773277, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.617221, "energy": 62.6505, "activity_lines": [ 11.663333, 12.230434, 13.055455, 13.03723 ] }, { "date": "2026-06-05", "close": 11.04, "volume": 3683190, "typical_volume": 48783546.5, "trend": 12.84484, "fair_value": 10.174099, "relative_strength": -21.266324, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.474157, "energy": 73.356862, "activity_lines": [ 11.410667, 11.924014, 12.834102, 12.919339 ] }, { "date": "2026-06-12", "close": 10.45, "volume": 5124595, "typical_volume": 46669456.75, "trend": 12.776761, "fair_value": 10.187921, "relative_strength": -23.30654, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.377368, "energy": 90.428158, "activity_lines": [ 11.04, 11.568514, 12.560912, 12.764833 ] }, { "date": "2026-06-19", "close": 10.21, "volume": 18151550, "typical_volume": 42842274.35, "trend": 12.694276, "fair_value": 10.199508, "relative_strength": -29.549485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.241994, "energy": 92.233518, "activity_lines": [ 10.687333, 11.227063, 12.27264, 12.599236 ] }, { "date": "2026-06-26", "close": 9.66, "volume": 5222089, "typical_volume": 39954540.3, "trend": 12.629334, "fair_value": 10.207525, "relative_strength": -31.741855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.546075, "energy": 94.017755, "activity_lines": [ 10.262, 10.848909, 11.948472, 12.403476 ] }, { "date": "2026-07-03", "close": 10.4, "volume": 5914232, "typical_volume": 37650702.3, "trend": 12.585214, "fair_value": 10.22033, "relative_strength": -25.183867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.884239, "energy": 86.983721, "activity_lines": [ 10.214, 10.672, 11.715331, 12.259648 ] }, { "date": "2026-07-10", "close": 9.96, "volume": 25764048, "typical_volume": 37027446.35, "trend": 12.525467, "fair_value": 10.229227, "relative_strength": -25.291079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.568428, "energy": 84.850828, "activity_lines": [ 10.083333, 10.469273, 11.459135, 12.090279 ] }, { "date": "2026-07-17", "close": 10.34, "volume": 36991962, "typical_volume": 37382214.2, "trend": 12.480949, "fair_value": 10.239559, "relative_strength": -14.529093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.887928, "energy": 73.901707, "activity_lines": [ 10.151333, 10.376727, 11.261708, 11.949281 ] }, { "date": "2026-07-24", "close": 11.13, "volume": 50834639, "typical_volume": 33478617.7, "trend": 12.464365, "fair_value": 10.254389, "relative_strength": -8.220525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.418045, "energy": 50.62595, "activity_lines": [ 10.49, 10.456545, 11.161175, 11.862123 ] }, { "date": "2026-07-31", "close": 11.37, "volume": 47787648, "typical_volume": 31965408.3, "trend": 12.449696, "fair_value": 10.269279, "relative_strength": -4.757637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.322144, "energy": 38.93359, "activity_lines": [ 10.847333, 10.593455, 11.101254, 11.791519 ] }, { "date": "2026-08-07", "close": 10.95, "volume": 36100431, "typical_volume": 31109968.55, "trend": 12.426472, "fair_value": 10.283303, "relative_strength": -12.717882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.208953, "energy": 29.646081, "activity_lines": [ 10.950667, 10.658545, 11.019018, 11.694765 ] } ], "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." } } }