{ "ticker": { "uuid": "bb546d64-0bc7-41fc-9626-de58362cc9e4", "symbol": "605188", "name": "Jiangxi Guoguang Commercial Chains 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": -62.27, "architecture_energy": 53.769, "architecture_maturity": 100.0, "architecture_confidence": 89.861, "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": 10.13, "rotation_up": 28.77, "upward_expansion": 9.38, "deceleration": 60.96, "rotation_down": 49.92, "downward_expansion": 82.71 }, "activity_lines": [ 12.095333, 12.100909, 13.071201, 14.111235 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 12.78, "trend_reference": 15.722344, "distance_from_trend": -0.187144, "trend_direction": "Weakening", "fair_value": 11.396627, "distance_from_fair_value": 0.121384, "fair_value_direction": "Weakening", "relative_strength": -25.195962, "relative_strength_direction": "Weakening", "price_momentum": -0.351229, "excess_performance": -0.308026, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.187144, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.174637, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.121384, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.317293, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.25196, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.121173, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.351229, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.96447, "read": "Supply-led" } ], "volume": { "latest": 48239704, "relative_activity": 1.92435, "balance": 0.96447, "dry_up": 1.618911, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.09174, "annualized_volatility": 0.336307, "from_high_reference": -0.547604, "from_low_reference": 0.206958 }, "levels": { "trend_reference": 15.722344, "fair_value_reference": 11.396627, "structural_low": 10.69, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.020113, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.02504, "regime_survival": 0.777778, "best_return": 0.328909, "worst_return": -0.239501, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.043294, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.033553, "regime_survival": 0.333333, "best_return": 0.598724, "worst_return": -0.262011, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.209884, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.084721, "regime_survival": 0.0, "best_return": 0.326118, "worst_return": -0.049777, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.069649, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.043112, "regime_survival": 0.666667, "best_return": 0.580567, "worst_return": -0.054994, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.046154, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.025356, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-10-18", "tenure": "Developing", "return": 0.141653, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": 0.207439, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.083009, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-03-21", "tenure": "Developing", "return": 0.148936, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-06-20", "tenure": "Established", "return": 0.386529, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-08-22", "tenure": "Developing", "return": 0.247911, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": -0.130194, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": 0.100052, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": -0.076754, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-02-27", "tenure": "Developing", "return": -0.160505, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.036592, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.219893, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.203534, "volume": 213550980, "typical_volume": 45830190.85, "trend": 8.533708, "fair_value": 8.776781, "relative_strength": 30.318788, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.281296, "energy": 69.528468, "activity_lines": [ 10.216746, 9.62304, 8.870072, 8.639002 ] }, { "date": "2023-08-04", "close": 11.582301, "volume": 165898416, "typical_volume": 53279189.85, "trend": 8.581219, "fair_value": 8.794881, "relative_strength": 33.048688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.196885, "energy": 76.205406, "activity_lines": [ 10.839386, 10.065855, 9.173129, 8.835685 ] }, { "date": "2023-08-11", "close": 9.927688, "volume": 69189100, "typical_volume": 56159909.85, "trend": 8.599134, "fair_value": 8.802143, "relative_strength": 16.897588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.767352, "energy": 68.900219, "activity_lines": [ 10.711137, 10.133938, 9.300863, 8.922554 ] }, { "date": "2023-08-18", "close": 9.708401, "volume": 57656789, "typical_volume": 58259309.3, "trend": 8.641273, "fair_value": 8.808135, "relative_strength": 15.696509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.954026, "energy": 42.40162, "activity_lines": [ 10.442013, 10.120876, 9.397899, 8.99412 ] }, { "date": "2023-08-25", "close": 9.10038, "volume": 29439100, "typical_volume": 59357904.3, "trend": 8.666464, "fair_value": 8.775866, "relative_strength": 10.332495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.905778, "energy": 24.726863, "activity_lines": [ 9.899114, 9.992204, 9.428589, 9.023739 ] }, { "date": "2023-09-01", "close": 10.226715, "volume": 31526426, "typical_volume": 60457380.6, "trend": 8.719573, "fair_value": 8.750817, "relative_strength": 20.435571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.294394, "energy": 20.363244, "activity_lines": [ 9.873198, 10.07412, 9.559869, 9.124401 ] }, { "date": "2023-09-08", "close": 9.229959, "volume": 95305391, "typical_volume": 64806630.15, "trend": 8.731159, "fair_value": 8.72354, "relative_strength": 8.7739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.382325, "energy": 20.145752, "activity_lines": [ 9.580152, 9.95016, 9.583321, 9.157329 ] }, { "date": "2023-09-15", "close": 8.671775, "volume": 37280976, "typical_volume": 65794823.95, "trend": 8.73642, "fair_value": 8.693883, "relative_strength": 1.930475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.986025, "energy": 16.68445, "activity_lines": [ 9.257868, 9.713113, 9.543091, 9.153498 ] }, { "date": "2023-09-22", "close": 8.871125, "volume": 30603976, "typical_volume": 67037152.6, "trend": 8.747331, "fair_value": 8.67017, "relative_strength": 3.371576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.381435, "energy": 15.259952, "activity_lines": [ 9.085761, 9.516661, 9.516354, 9.162188 ] }, { "date": "2023-09-29", "close": 8.970801, "volume": 22717100, "typical_volume": 67703627.6, "trend": 8.757912, "fair_value": 8.652265, "relative_strength": 4.995154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.142696, "energy": 15.147894, "activity_lines": [ 9.002698, 9.334164, 9.493188, 9.176606 ] }, { "date": "2023-10-13", "close": 8.332878, "volume": 20334400, "typical_volume": 68321185.8, "trend": 8.7542, "fair_value": 8.626741, "relative_strength": -1.844033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.956313, "energy": 22.386837, "activity_lines": [ 8.715632, 9.076639, 9.403345, 9.149184 ] }, { "date": "2023-10-20", "close": 9.110349, "volume": 44281506, "typical_volume": 70111666.1, "trend": 8.795988, "fair_value": 8.609605, "relative_strength": 10.744493, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.365972, "energy": 13.40179, "activity_lines": [ 8.813979, 9.012666, 9.384854, 9.172162 ] }, { "date": "2023-10-27", "close": 9.309699, "volume": 32894800, "typical_volume": 71315050.3, "trend": 8.844089, "fair_value": 8.596207, "relative_strength": 11.588895, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.159384, "energy": 10.456371, "activity_lines": [ 8.98675, 9.029882, 9.377766, 9.205304 ] }, { "date": "2023-11-03", "close": 9.798109, "volume": 26244294, "typical_volume": 66865004.45, "trend": 8.906146, "fair_value": 8.584425, "relative_strength": 16.570557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.011773, "energy": 14.445976, "activity_lines": [ 9.279796, 9.147137, 9.409327, 9.266854 ] }, { "date": "2023-11-10", "close": 10.495838, "volume": 35413806, "typical_volume": 60975783.9, "trend": 8.999427, "fair_value": 8.576864, "relative_strength": 24.114502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.950919, "energy": 36.715083, "activity_lines": [ 9.74362, 9.38962, 9.505585, 9.369415 ] }, { "date": "2023-11-17", "close": 10.934411, "volume": 25698046, "typical_volume": 59422835.9, "trend": 9.113302, "fair_value": 8.571611, "relative_strength": 28.023362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.672922, "energy": 72.507161, "activity_lines": [ 10.251965, 9.686473, 9.638486, 9.494252 ] }, { "date": "2023-11-24", "close": 12.030842, "volume": 52162635, "typical_volume": 59751086.7, "trend": 9.280322, "fair_value": 8.580636, "relative_strength": 40.500902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.58844, "energy": 86.673867, "activity_lines": [ 10.952352, 10.169808, 9.865983, 9.682481 ] }, { "date": "2023-12-01", "close": 11.542432, "volume": 33907930, "typical_volume": 58679328.2, "trend": 9.414464, "fair_value": 8.58281, "relative_strength": 34.279823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.740427, "energy": 84.761968, "activity_lines": [ 11.295236, 10.513417, 10.030591, 9.828423 ] }, { "date": "2023-12-08", "close": 8.741549, "volume": 55129062, "typical_volume": 57447418.1, "trend": 9.451593, "fair_value": 8.564256, "relative_strength": 3.544272, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.24364, "energy": 49.7187, "activity_lines": [ 10.555644, 10.295581, 9.915916, 9.785009 ] }, { "date": "2023-12-15", "close": 8.980769, "volume": 37882200, "typical_volume": 55855846.65, "trend": 9.493376, "fair_value": 8.547236, "relative_strength": 7.053935, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.87754, "energy": 15.259236, "activity_lines": [ 9.966229, 10.123595, 9.82355, 9.754634 ] }, { "date": "2023-12-22", "close": 8.472424, "volume": 17520696, "typical_volume": 46054332.45, "trend": 9.516887, "fair_value": 8.530298, "relative_strength": 1.943841, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -19.906774, "energy": 27.961868, "activity_lines": [ 9.30837, 9.859002, 9.69345, 9.688766 ] }, { "date": "2023-12-29", "close": 8.482391, "volume": 19174806, "typical_volume": 38718151.95, "trend": 9.549028, "fair_value": 8.509578, "relative_strength": 0.167413, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.634047, "energy": 40.617782, "activity_lines": [ 8.817966, 9.593684, 9.577304, 9.622024 ] }, { "date": "2024-01-05", "close": 8.781419, "volume": 47743236, "typical_volume": 37645858.75, "trend": 9.58649, "fair_value": 8.495946, "relative_strength": 5.367307, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.257856, "energy": 56.519822, "activity_lines": [ 8.663801, 9.394151, 9.504399, 9.572501 ] }, { "date": "2024-01-12", "close": 8.910996, "volume": 81071754, "typical_volume": 38816607.0, "trend": 9.569187, "fair_value": 8.487431, "relative_strength": 8.817383, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.139009, "energy": 59.671069, "activity_lines": [ 8.736896, 9.227784, 9.449292, 9.528921 ] }, { "date": "2024-01-19", "close": 8.621936, "volume": 109992708, "typical_volume": 42844287.4, "trend": 9.542607, "fair_value": 8.478325, "relative_strength": 7.083992, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.120844, "energy": 45.700377, "activity_lines": [ 8.702342, 9.024989, 9.370453, 9.467808 ] }, { "date": "2024-01-26", "close": 8.233204, "volume": 41912350, "typical_volume": 43363583.6, "trend": 9.521343, "fair_value": 8.468239, "relative_strength": -0.608044, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.052142, "energy": 39.682057, "activity_lines": [ 8.562132, 8.785587, 9.256871, 9.38333 ] }, { "date": "2024-02-02", "close": 6.678264, "volume": 24931680, "typical_volume": 39844898.05, "trend": 9.457551, "fair_value": 8.455059, "relative_strength": -13.998164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.819849, "energy": 58.405363, "activity_lines": [ 7.919557, 8.312581, 9.004692, 9.199906 ] }, { "date": "2024-02-09", "close": 5.362546, "volume": 38010975, "typical_volume": 39881398.0, "trend": 9.339269, "fair_value": 8.434139, "relative_strength": -33.866678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.929988, "energy": 83.007871, "activity_lines": [ 6.958684, 7.697673, 8.639357, 8.935712 ] }, { "date": "2024-02-23", "close": 6.608491, "volume": 35898864, "typical_volume": 40146142.4, "trend": 9.27149, "fair_value": 8.414017, "relative_strength": -21.992235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.077797, "energy": 77.302671, "activity_lines": [ 6.641052, 7.421662, 8.408442, 8.759533 ] }, { "date": "2024-03-01", "close": 6.658328, "volume": 38407637, "typical_volume": 40930669.25, "trend": 9.119318, "fair_value": 8.401213, "relative_strength": -21.743295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.953783, "energy": 78.576365, "activity_lines": [ 6.493532, 7.193496, 8.193048, 8.590941 ] }, { "date": "2024-03-08", "close": 6.758004, "volume": 23804100, "typical_volume": 41104154.25, "trend": 8.971134, "fair_value": 8.388481, "relative_strength": -20.852535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.586654, "energy": 70.762879, "activity_lines": [ 6.510144, 7.025678, 7.998158, 8.438599 ] }, { "date": "2024-03-15", "close": 8.023884, "volume": 43838300, "typical_volume": 41081993.95, "trend": 8.85252, "fair_value": 8.385566, "relative_strength": -6.309376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.127962, "energy": 41.518159, "activity_lines": [ 7.047063, 7.119192, 7.931328, 8.377486 ] }, { "date": "2024-03-22", "close": 8.193333, "volume": 36971100, "typical_volume": 41285808.95, "trend": 8.794708, "fair_value": 8.380459, "relative_strength": -4.172114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.790037, "energy": 23.868107, "activity_lines": [ 7.550757, 7.251851, 7.88581, 8.334958 ] }, { "date": "2024-03-29", "close": 8.502327, "volume": 25155619, "typical_volume": 41231375.2, "trend": 8.754506, "fair_value": 8.37916, "relative_strength": -0.591718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.23528, "energy": 23.229886, "activity_lines": [ 7.96873, 7.451384, 7.875035, 8.316094 ] }, { "date": "2024-04-05", "close": 8.980769, "volume": 15956400, "typical_volume": 40258504.9, "trend": 8.750519, "fair_value": 8.379353, "relative_strength": 3.673304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.52905, "energy": 22.058157, "activity_lines": [ 8.419928, 7.745336, 7.915997, 8.330692 ] }, { "date": "2024-04-12", "close": 8.08369, "volume": 46387020, "typical_volume": 41292953.6, "trend": 8.679085, "fair_value": 8.376001, "relative_strength": -5.30553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.863437, "energy": 21.870912, "activity_lines": [ 8.41727, 7.869659, 7.878737, 8.287671 ] }, { "date": "2024-04-19", "close": 6.987258, "volume": 41596398, "typical_volume": 40764641.75, "trend": 8.604328, "fair_value": 8.362721, "relative_strength": -19.353585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.652281, "energy": 17.357249, "activity_lines": [ 7.960756, 7.797349, 7.750631, 8.17852 ] }, { "date": "2024-04-26", "close": 7.057031, "volume": 28100400, "typical_volume": 40474265.25, "trend": 8.550503, "fair_value": 8.347682, "relative_strength": -19.182653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.620807, "energy": 22.171824, "activity_lines": [ 7.596608, 7.732106, 7.653186, 8.078695 ] }, { "date": "2024-05-03", "close": 7.136771, "volume": 11251000, "typical_volume": 38280362.15, "trend": 8.492691, "fair_value": 8.332018, "relative_strength": -18.79067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.955273, "energy": 32.025176, "activity_lines": [ 7.334793, 7.650554, 7.584694, 7.987486 ] }, { "date": "2024-05-10", "close": 7.405895, "volume": 21039000, "typical_volume": 37438202.15, "trend": 8.440528, "fair_value": 8.306416, "relative_strength": -17.104707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.761366, "energy": 43.278104, "activity_lines": [ 7.253724, 7.608327, 7.549476, 7.91737 ] }, { "date": "2024-05-17", "close": 7.405895, "volume": 17365706, "typical_volume": 37430452.65, "trend": 8.409628, "fair_value": 8.284659, "relative_strength": -17.125093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.127249, "energy": 44.564834, "activity_lines": [ 7.277646, 7.552509, 7.521756, 7.85062 ] }, { "date": "2024-05-24", "close": 7.146739, "volume": 13542000, "typical_volume": 37148812.35, "trend": 8.344175, "fair_value": 8.267672, "relative_strength": -18.31178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.530941, "energy": 44.329072, "activity_lines": [ 7.260369, 7.437791, 7.474434, 7.769143 ] }, { "date": "2024-05-31", "close": 6.907517, "volume": 13295800, "typical_volume": 35426440.55, "trend": 8.264102, "fair_value": 8.252998, "relative_strength": -20.924909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.275305, "energy": 43.054694, "activity_lines": [ 7.152719, 7.295527, 7.410689, 7.676456 ] }, { "date": "2024-06-07", "close": 6.498848, "volume": 26757600, "typical_volume": 32710732.85, "trend": 8.154127, "fair_value": 8.236209, "relative_strength": -24.629062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.638858, "energy": 51.320266, "activity_lines": [ 6.918814, 7.102338, 7.316947, 7.562568 ] }, { "date": "2024-06-14", "close": 7.236447, "volume": 37465978, "typical_volume": 29084396.35, "trend": 8.04548, "fair_value": 8.223896, "relative_strength": -15.56758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.824146, "energy": 38.784871, "activity_lines": [ 6.973303, 7.079684, 7.304938, 7.503363 ] }, { "date": "2024-06-21", "close": 7.276317, "volume": 28126835, "typical_volume": 28395120.6, "trend": 7.923544, "fair_value": 8.212658, "relative_strength": -13.837549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.302292, "energy": 32.315099, "activity_lines": [ 7.052379, 7.095995, 7.303324, 7.45374 ] }, { "date": "2024-06-28", "close": 7.735454, "volume": 22254324, "typical_volume": 28261252.8, "trend": 7.780364, "fair_value": 8.201715, "relative_strength": -7.280522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.205881, "energy": 13.755775, "activity_lines": [ 7.293139, 7.210464, 7.349995, 7.441605 ] }, { "date": "2024-07-05", "close": 7.835266, "volume": 19102591, "typical_volume": 27315833.6, "trend": 7.656792, "fair_value": 8.190277, "relative_strength": -5.451671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.991425, "energy": 14.703832, "activity_lines": [ 7.527923, 7.329478, 7.401136, 7.445147 ] }, { "date": "2024-07-12", "close": 8.344308, "volume": 49425612, "typical_volume": 27992171.0, "trend": 7.643551, "fair_value": 8.185759, "relative_strength": -0.118442, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.990365, "energy": 28.850475, "activity_lines": [ 7.870536, 7.526895, 7.488983, 7.489503 ] }, { "date": "2024-07-19", "close": 9.212675, "volume": 32308024, "typical_volume": 27687190.35, "trend": 7.651281, "fair_value": 8.187122, "relative_strength": 9.642585, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.696584, "energy": 69.064805, "activity_lines": [ 8.379575, 7.860241, 7.651266, 7.590737 ] }, { "date": "2024-07-26", "close": 8.134703, "volume": 73953474, "typical_volume": 30194659.05, "trend": 7.640024, "fair_value": 8.180252, "relative_strength": -0.223942, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.460861, "energy": 58.263494, "activity_lines": [ 8.397542, 7.964743, 7.698722, 7.621925 ] }, { "date": "2024-08-02", "close": 7.945059, "volume": 38777500, "typical_volume": 29941619.05, "trend": 7.622112, "fair_value": 8.175948, "relative_strength": -2.496915, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.391691, "energy": 61.19023, "activity_lines": [ 8.295068, 8.021512, 7.72156, 7.641605 ] }, { "date": "2024-08-09", "close": 7.206448, "volume": 76659279, "typical_volume": 31926028.0, "trend": 7.569613, "fair_value": 8.166464, "relative_strength": -9.669412, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 36.558943, "energy": 22.762292, "activity_lines": [ 7.932416, 7.929474, 7.67443, 7.614788 ] }, { "date": "2024-08-16", "close": 6.487799, "volume": 38584034, "typical_volume": 32597448.75, "trend": 7.48884, "fair_value": 8.154979, "relative_strength": -18.450045, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.147901, "energy": 19.191964, "activity_lines": [ 7.372136, 7.701337, 7.563556, 7.544993 ] }, { "date": "2024-08-23", "close": 6.188363, "volume": 19136843, "typical_volume": 32756470.9, "trend": 7.407721, "fair_value": 8.142846, "relative_strength": -21.011446, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.576242, "energy": 37.895929, "activity_lines": [ 6.835812, 7.418958, 7.433758, 7.461091 ] }, { "date": "2024-08-30", "close": 6.298156, "volume": 19561856, "typical_volume": 31415212.7, "trend": 7.34322, "fair_value": 8.134214, "relative_strength": -18.763207, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.79019, "energy": 45.791741, "activity_lines": [ 6.537706, 7.175597, 7.327714, 7.389507 ] }, { "date": "2024-09-06", "close": 6.138457, "volume": 25023400, "typical_volume": 30586562.8, "trend": 7.325226, "fair_value": 8.123477, "relative_strength": -18.202907, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.077723, "energy": 73.912272, "activity_lines": [ 6.308803, 6.920985, 7.214962, 7.31178 ] }, { "date": "2024-09-13", "close": 5.918869, "volume": 18748800, "typical_volume": 30118982.8, "trend": 7.34377, "fair_value": 8.110379, "relative_strength": -18.709476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.057621, "energy": 77.584362, "activity_lines": [ 6.127144, 6.655484, 7.085339, 7.221047 ] }, { "date": "2024-09-20", "close": 6.208325, "volume": 11638000, "typical_volume": 30138332.8, "trend": 7.330431, "fair_value": 8.100917, "relative_strength": -15.334535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.229384, "energy": 68.697423, "activity_lines": [ 6.12781, 6.477455, 6.988704, 7.147793 ] }, { "date": "2024-09-27", "close": 6.936955, "volume": 27093500, "typical_volume": 30441057.8, "trend": 7.339719, "fair_value": 8.095935, "relative_strength": -15.8208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.938517, "energy": 40.874929, "activity_lines": [ 6.389983, 6.470741, 6.965883, 7.122407 ] }, { "date": "2024-10-04", "close": 7.445998, "volume": 15340205, "typical_volume": 30339782.75, "trend": 7.362652, "fair_value": 8.092435, "relative_strength": -16.022724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.215341, "energy": 18.375081, "activity_lines": [ 6.771932, 6.597956, 6.993775, 7.129264 ] }, { "date": "2024-10-11", "close": 6.916992, "volume": 39896356, "typical_volume": 31657500.55, "trend": 7.325755, "fair_value": 8.085545, "relative_strength": -18.67755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.492454, "energy": 20.521509, "activity_lines": [ 6.901022, 6.64151, 6.971095, 7.100512 ] }, { "date": "2024-10-18", "close": 6.757293, "volume": 25299362, "typical_volume": 32257678.65, "trend": 7.277887, "fair_value": 8.078966, "relative_strength": -21.263682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.603743, "energy": 21.908729, "activity_lines": [ 6.924977, 6.674721, 6.934299, 7.063837 ] }, { "date": "2024-10-25", "close": 6.97688, "volume": 25835221, "typical_volume": 32211559.7, "trend": 7.227039, "fair_value": 8.074367, "relative_strength": -19.088992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.036568, "energy": 20.030875, "activity_lines": [ 6.966233, 6.756022, 6.919132, 7.044417 ] }, { "date": "2024-11-01", "close": 6.677443, "volume": 29033100, "typical_volume": 31789915.8, "trend": 7.150262, "fair_value": 8.06931, "relative_strength": -21.301605, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.52111, "energy": 14.952572, "activity_lines": [ 6.85644, 6.773989, 6.87317, 7.008959 ] }, { "date": "2024-11-08", "close": 7.206448, "volume": 35243015, "typical_volume": 32145724.8, "trend": 7.12102, "fair_value": 8.066563, "relative_strength": -18.812584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.847761, "energy": 9.63982, "activity_lines": [ 6.940282, 6.879245, 6.880252, 7.012584 ] }, { "date": "2024-11-15", "close": 6.777256, "volume": 26772407, "typical_volume": 32371628.95, "trend": 7.11402, "fair_value": 8.061002, "relative_strength": -20.01206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.739628, "energy": 10.407273, "activity_lines": [ 6.89703, 6.889953, 6.846791, 6.990406 ] }, { "date": "2024-11-22", "close": 6.657481, "volume": 22674307, "typical_volume": 32550214.75, "trend": 7.100702, "fair_value": 8.056199, "relative_strength": -18.952802, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.202769, "energy": 18.543289, "activity_lines": [ 6.823169, 6.867268, 6.806486, 6.960951 ] }, { "date": "2024-11-29", "close": 7.216429, "volume": 26677600, "typical_volume": 31412814.15, "trend": 7.103357, "fair_value": 8.056186, "relative_strength": -12.517763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.796524, "energy": 6.691978, "activity_lines": [ 6.942278, 6.932781, 6.825023, 6.968418 ] }, { "date": "2024-12-06", "close": 7.855228, "volume": 96126210, "typical_volume": 34603723.45, "trend": 7.118335, "fair_value": 8.060267, "relative_strength": -5.850189, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.861764, "energy": 30.202056, "activity_lines": [ 7.258351, 7.09611, 6.909768, 7.016926 ] }, { "date": "2024-12-13", "close": 8.424158, "volume": 131513616, "typical_volume": 37481730.55, "trend": 7.152277, "fair_value": 8.063166, "relative_strength": 1.699029, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.522351, "energy": 49.535796, "activity_lines": [ 7.685547, 7.346185, 7.055161, 7.101172 ] }, { "date": "2024-12-20", "close": 7.695529, "volume": 66266480, "typical_volume": 38856179.55, "trend": 7.17057, "fair_value": 8.063364, "relative_strength": -5.871827, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.087537, "energy": 43.1871, "activity_lines": [ 7.788687, 7.445998, 7.129783, 7.136221 ] }, { "date": "2024-12-27", "close": 7.715491, "volume": 43614300, "typical_volume": 37203930.6, "trend": 7.197502, "fair_value": 8.06388, "relative_strength": -6.043291, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.481172, "energy": 47.154383, "activity_lines": [ 7.837262, 7.535284, 7.207494, 7.171377 ] }, { "date": "2025-01-03", "close": 7.05673, "volume": 46527800, "typical_volume": 37601118.9, "trend": 7.216099, "fair_value": 8.060301, "relative_strength": -8.539504, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.615767, "energy": 20.081145, "activity_lines": [ 7.595716, 7.487375, 7.220042, 7.162295 ] }, { "date": "2025-01-10", "close": 6.567649, "volume": 34466200, "typical_volume": 38367586.75, "trend": 7.193805, "fair_value": 8.053778, "relative_strength": -13.082067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.937048, "energy": 9.693388, "activity_lines": [ 7.20179, 7.349089, 7.183301, 7.120459 ] }, { "date": "2025-01-17", "close": 7.066711, "volume": 26538300, "typical_volume": 38716408.95, "trend": 7.186818, "fair_value": 8.049309, "relative_strength": -7.914568, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.95877, "energy": 10.391216, "activity_lines": [ 7.060057, 7.303538, 7.192284, 7.11226 ] }, { "date": "2025-01-24", "close": 6.986861, "volume": 35932359, "typical_volume": 39261856.9, "trend": 7.161865, "fair_value": 8.04274, "relative_strength": -8.5921, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.789771, "energy": 14.64728, "activity_lines": [ 6.982203, 7.24601, 7.190003, 7.099359 ] }, { "date": "2025-01-31", "close": 6.916992, "volume": 5524700, "typical_volume": 38600651.9, "trend": 7.131256, "fair_value": 8.036295, "relative_strength": -8.927257, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.162538, "energy": 18.006995, "activity_lines": [ 6.928304, 7.171967, 7.177027, 7.083561 ] }, { "date": "2025-02-07", "close": 6.97688, "volume": 11308857, "typical_volume": 38584194.75, "trend": 7.085675, "fair_value": 8.030233, "relative_strength": -9.364935, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.287948, "energy": 13.150441, "activity_lines": [ 6.947601, 7.104095, 7.165002, 7.073601 ] }, { "date": "2025-02-14", "close": 7.05673, "volume": 24242950, "typical_volume": 38441667.25, "trend": 7.01381, "fair_value": 8.016358, "relative_strength": -9.683984, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.18164, "energy": 7.256221, "activity_lines": [ 6.998839, 7.055096, 7.156922, 7.071734 ] }, { "date": "2025-02-21", "close": 7.116617, "volume": 29393879, "typical_volume": 39144350.95, "trend": 6.979874, "fair_value": 8.008141, "relative_strength": -9.721244, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.033525, "energy": 11.230038, "activity_lines": [ 7.037433, 7.031504, 7.153975, 7.078366 ] }, { "date": "2025-02-28", "close": 6.996842, "volume": 23307584, "typical_volume": 38314912.35, "trend": 6.948267, "fair_value": 8.004496, "relative_strength": -9.615612, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.601661, "energy": 9.840228, "activity_lines": [ 7.032775, 7.009909, 7.14119, 7.079461 ] }, { "date": "2025-03-07", "close": 7.525847, "volume": 33020792, "typical_volume": 38700983.85, "trend": 6.958914, "fair_value": 8.002081, "relative_strength": -4.280996, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.007055, "energy": 17.192445, "activity_lines": [ 7.203786, 7.097199, 7.178406, 7.116724 ] }, { "date": "2025-03-14", "close": 7.78536, "volume": 34781600, "typical_volume": 39148302.8, "trend": 7.002166, "fair_value": 7.999677, "relative_strength": -2.058935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.394085, "energy": 35.003539, "activity_lines": [ 7.420712, 7.235121, 7.236677, 7.170043 ] }, { "date": "2025-03-21", "close": 7.54581, "volume": 16379900, "typical_volume": 38515642.8, "trend": 7.047414, "fair_value": 7.997326, "relative_strength": -3.171581, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.751564, "energy": 46.209864, "activity_lines": [ 7.503889, 7.316242, 7.268284, 7.205117 ] }, { "date": "2025-03-28", "close": 7.665585, "volume": 18221600, "typical_volume": 37664572.05, "trend": 7.092995, "fair_value": 7.996315, "relative_strength": -0.818975, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.599025, "energy": 55.028135, "activity_lines": [ 7.594385, 7.401354, 7.307164, 7.244999 ] }, { "date": "2025-04-04", "close": 7.585735, "volume": 20094600, "typical_volume": 37330681.7, "trend": 7.141237, "fair_value": 7.995873, "relative_strength": -1.037531, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.133598, "energy": 55.122564, "activity_lines": [ 7.621667, 7.46106, 7.336252, 7.276789 ] }, { "date": "2025-04-11", "close": 8.543934, "volume": 113915859, "typical_volume": 41892759.3, "trend": 7.22874, "fair_value": 8.002844, "relative_strength": 15.072611, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.186351, "energy": 66.930793, "activity_lines": [ 7.92909, 7.684096, 7.452747, 7.367286 ] }, { "date": "2025-04-18", "close": 13.764116, "volume": 114904349, "typical_volume": 46304096.75, "trend": 7.480599, "fair_value": 8.042451, "relative_strength": 80.296499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.292882, "energy": 97.263165, "activity_lines": [ 9.9087, 8.826674, 8.057419, 7.788923 ] }, { "date": "2025-04-25", "close": 12.995563, "volume": 179891437, "typical_volume": 50492358.1, "trend": 7.682553, "fair_value": 8.076942, "relative_strength": 66.995284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.253936, "energy": 96.897482, "activity_lines": [ 11.233542, 9.706112, 8.557717, 8.144727 ] }, { "date": "2025-05-02", "close": 10.081042, "volume": 83914021, "typical_volume": 48112378.35, "trend": 7.770388, "fair_value": 8.092877, "relative_strength": 29.359259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.226182, "energy": 85.777733, "activity_lines": [ 11.223561, 9.947657, 8.755963, 8.299468 ] }, { "date": "2025-05-09", "close": 10.54018, "volume": 118141243, "typical_volume": 50706116.5, "trend": 7.891161, "fair_value": 8.108576, "relative_strength": 31.842536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.433439, "energy": 81.672795, "activity_lines": [ 11.205595, 10.218784, 8.990047, 8.478164 ] }, { "date": "2025-05-16", "close": 13.285018, "volume": 162094693, "typical_volume": 56630136.15, "trend": 8.108752, "fair_value": 8.136342, "relative_strength": 62.829449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.078815, "energy": 65.85743, "activity_lines": [ 11.905612, 10.924548, 9.471998, 8.826155 ] }, { "date": "2025-05-23", "close": 12.316838, "volume": 178749040, "typical_volume": 63241198.15, "trend": 8.28675, "fair_value": 8.172074, "relative_strength": 50.196523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.196523, "energy": 52.617692, "activity_lines": [ 11.96683, 11.349566, 9.835219, 9.097645 ] }, { "date": "2025-05-30", "close": 13.165242, "volume": 155749809, "typical_volume": 69305378.6, "trend": 8.50301, "fair_value": 8.212165, "relative_strength": 58.475375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.495345, "energy": 54.292973, "activity_lines": [ 12.407335, 11.84645, 10.254193, 9.412386 ] }, { "date": "2025-06-06", "close": 11.457667, "volume": 98889221, "typical_volume": 72922924.65, "trend": 8.644717, "fair_value": 8.238831, "relative_strength": 35.064635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.292859, "energy": 47.223805, "activity_lines": [ 12.267336, 11.930694, 10.479124, 9.603009 ] }, { "date": "2025-06-13", "close": 11.437688, "volume": 68214889, "typical_volume": 74537051.15, "trend": 8.800065, "fair_value": 8.266259, "relative_strength": 34.132807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.863876, "energy": 39.0505, "activity_lines": [ 12.028902, 11.942358, 10.681242, 9.783201 ] }, { "date": "2025-06-20", "close": 10.628559, "volume": 36275816, "typical_volume": 76074606.95, "trend": 8.932434, "fair_value": 8.288437, "relative_strength": 24.579639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.195249, "energy": 27.298941, "activity_lines": [ 11.460925, 11.736873, 10.785107, 9.901168 ] }, { "date": "2025-06-27", "close": 10.75842, "volume": 77579293, "typical_volume": 79388128.75, "trend": 9.050501, "fair_value": 8.309349, "relative_strength": 23.233296, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.321681, "energy": 19.315688, "activity_lines": [ 11.113332, 11.517096, 10.883665, 10.018974 ] }, { "date": "2025-07-04", "close": 10.75842, "volume": 55149240, "typical_volume": 80933443.25, "trend": 9.147274, "fair_value": 8.332613, "relative_strength": 21.122448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.065255, "energy": 18.577012, "activity_lines": [ 10.869633, 11.351969, 10.964215, 10.129162 ] }, { "date": "2025-07-11", "close": 10.888279, "volume": 40217261, "typical_volume": 81474612.35, "trend": 9.229411, "fair_value": 8.357218, "relative_strength": 20.99528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.448745, "energy": 17.56248, "activity_lines": [ 10.829676, 11.251127, 11.039506, 10.241485 ] }, { "date": "2025-07-18", "close": 12.057021, "volume": 76747903, "typical_volume": 84146628.3, "trend": 9.374794, "fair_value": 8.389377, "relative_strength": 32.740707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.278957, "energy": 19.669465, "activity_lines": [ 11.217259, 11.348107, 11.208145, 10.423911 ] }, { "date": "2025-07-25", "close": 11.128022, "volume": 82248851, "typical_volume": 86608031.25, "trend": 9.488545, "fair_value": 8.414496, "relative_strength": 20.241365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.318466, "energy": 18.425558, "activity_lines": [ 11.253886, 11.248599, 11.264213, 10.537023 ] }, { "date": "2025-08-01", "close": 10.788387, "volume": 51589469, "typical_volume": 87448424.7, "trend": 9.612934, "fair_value": 8.436928, "relative_strength": 17.415738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.277393, "energy": 18.682119, "activity_lines": [ 11.144004, 11.126558, 11.27078, 10.620884 ] }, { "date": "2025-08-08", "close": 10.978183, "volume": 34385879, "typical_volume": 88348723.65, "trend": 9.759952, "fair_value": 8.460831, "relative_strength": 16.574239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.160346, "energy": 17.952927, "activity_lines": [ 11.09539, 11.066815, 11.281124, 10.708964 ] }, { "date": "2025-08-15", "close": 12.186882, "volume": 145816029, "typical_volume": 94728445.1, "trend": 9.930624, "fair_value": 8.490439, "relative_strength": 26.273103, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.474187, "energy": 22.146054, "activity_lines": [ 11.435025, 11.2666, 11.390237, 10.86554 ] }, { "date": "2025-08-22", "close": 13.425548, "volume": 168383061, "typical_volume": 102142868.15, "trend": 10.145247, "fair_value": 8.528243, "relative_strength": 33.102321, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.968288, "energy": 48.140349, "activity_lines": [ 12.100974, 11.678338, 11.595788, 11.091019 ] }, { "date": "2025-08-29", "close": 18.03059, "volume": 188196140, "typical_volume": 105856882.2, "trend": 10.5157, "fair_value": 8.59729, "relative_strength": 74.144862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.660371, "energy": 82.501388, "activity_lines": [ 14.210703, 12.891214, 12.212106, 11.599751 ] }, { "date": "2025-09-05", "close": 19.738752, "volume": 240768259, "typical_volume": 112150077.7, "trend": 10.941096, "fair_value": 8.675244, "relative_strength": 88.909642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.610363, "energy": 93.6216, "activity_lines": [ 16.429647, 14.280083, 12.945932, 12.194787 ] }, { "date": "2025-09-12", "close": 20.907495, "volume": 205838421, "typical_volume": 113447426.9, "trend": 11.402788, "fair_value": 8.760882, "relative_strength": 92.74718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.444722, "energy": 95.095798, "activity_lines": [ 18.441482, 15.718171, 13.762616, 12.83778 ] }, { "date": "2025-09-19", "close": 17.241442, "volume": 139277407, "typical_volume": 116215596.2, "trend": 11.740282, "fair_value": 8.823402, "relative_strength": 58.607934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.465166, "energy": 85.733385, "activity_lines": [ 18.569345, 16.305176, 14.192476, 13.214467 ] }, { "date": "2025-09-26", "close": 15.703097, "volume": 81533945, "typical_volume": 114385231.3, "trend": 12.030491, "fair_value": 8.873827, "relative_strength": 42.36879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.672759, "energy": 70.893741, "activity_lines": [ 17.847455, 16.49697, 14.44173, 13.470133 ] }, { "date": "2025-10-03", "close": 15.693108, "volume": 24974245, "typical_volume": 107529208.9, "trend": 12.302733, "fair_value": 8.927061, "relative_strength": 38.600473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.486748, "energy": 47.379818, "activity_lines": [ 16.9704, 16.620655, 14.665447, 13.706431 ] }, { "date": "2025-10-10", "close": 15.683118, "volume": 32406100, "typical_volume": 100212061.9, "trend": 12.565991, "fair_value": 8.977294, "relative_strength": 36.320348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.582616, "energy": 26.270315, "activity_lines": [ 16.245846, 16.659522, 14.876745, 13.92452 ] }, { "date": "2025-10-17", "close": 19.069473, "volume": 221081494, "typical_volume": 103478646.15, "trend": 12.950113, "fair_value": 9.048404, "relative_strength": 65.114205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.321723, "energy": 31.581639, "activity_lines": [ 16.920453, 17.225095, 15.394524, 14.3441 ] }, { "date": "2025-10-24", "close": 20.977419, "volume": 220400338, "typical_volume": 109554202.0, "trend": 13.393841, "fair_value": 9.132384, "relative_strength": 73.015578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.168397, "energy": 44.468263, "activity_lines": [ 18.353577, 17.990453, 16.065897, 14.86199 ] }, { "date": "2025-10-31", "close": 22.775484, "volume": 191360873, "typical_volume": 115711501.2, "trend": 13.900166, "fair_value": 9.224634, "relative_strength": 83.361102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.028752, "energy": 53.709009, "activity_lines": [ 20.136991, 18.922904, 16.863181, 15.467258 ] }, { "date": "2025-11-07", "close": 23.015226, "volume": 186321400, "typical_volume": 123213780.4, "trend": 14.382543, "fair_value": 9.318037, "relative_strength": 79.280453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.384085, "energy": 69.87828, "activity_lines": [ 21.528826, 19.728945, 17.629309, 16.055326 ] }, { "date": "2025-11-14", "close": 25.752281, "volume": 248320777, "typical_volume": 131750854.6, "trend": 14.782148, "fair_value": 9.42771, "relative_strength": 95.775921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.26273, "energy": 79.966591, "activity_lines": [ 23.344871, 20.942003, 18.597125, 16.788857 ] }, { "date": "2025-11-21", "close": 23.624569, "volume": 124578326, "typical_volume": 135222308.9, "trend": 15.136448, "fair_value": 9.522594, "relative_strength": 82.498289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.454075, "energy": 71.991966, "activity_lines": [ 23.780402, 21.658868, 19.290901, 17.359336 ] }, { "date": "2025-11-28", "close": 23.264957, "volume": 143902239, "typical_volume": 140406557.8, "trend": 15.575912, "fair_value": 9.613513, "relative_strength": 73.469554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.448759, "energy": 62.428885, "activity_lines": [ 23.792389, 22.260947, 19.889162, 17.883756 ] }, { "date": "2025-12-05", "close": 21.926399, "volume": 99451640, "typical_volume": 141541744.65, "trend": 15.955453, "fair_value": 9.698661, "relative_strength": 59.941231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.055695, "energy": 47.334467, "activity_lines": [ 23.205688, 22.510133, 20.301005, 18.293465 ] }, { "date": "2025-12-12", "close": 21.027365, "volume": 131002856, "typical_volume": 143979444.9, "trend": 16.213531, "fair_value": 9.782769, "relative_strength": 51.49009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.024723, "energy": 32.5815, "activity_lines": [ 22.375914, 22.482708, 20.580228, 18.620685 ] }, { "date": "2025-12-19", "close": 21.347023, "volume": 94731460, "typical_volume": 146136544.45, "trend": 16.514537, "fair_value": 9.866245, "relative_strength": 51.141505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.101854, "energy": 25.594773, "activity_lines": [ 21.785217, 22.416416, 20.842755, 18.951878 ] }, { "date": "2025-12-26", "close": 20.927473, "volume": 54951090, "typical_volume": 147164805.0, "trend": 16.773278, "fair_value": 9.941032, "relative_strength": 43.150525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.105706, "energy": 18.963191, "activity_lines": [ 21.348354, 22.170862, 21.015046, 19.236584 ] }, { "date": "2026-01-02", "close": 19.36915, "volume": 28111700, "typical_volume": 141279588.55, "trend": 17.036994, "fair_value": 10.002254, "relative_strength": 30.493367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.906318, "energy": 18.265158, "activity_lines": [ 20.571856, 21.608195, 20.991547, 19.404059 ] }, { "date": "2026-01-09", "close": 22.106203, "volume": 89333870, "typical_volume": 137327129.0, "trend": 17.392611, "fair_value": 10.084086, "relative_strength": 41.066181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.335124, "energy": 16.918363, "activity_lines": [ 20.96743, 21.572415, 21.194519, 19.731105 ] }, { "date": "2026-01-16", "close": 20.388054, "volume": 82896490, "typical_volume": 132062146.5, "trend": 17.717928, "fair_value": 10.14967, "relative_strength": 28.87095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.354873, "energy": 14.911651, "activity_lines": [ 20.7783, 21.236413, 21.192521, 19.924359 ] }, { "date": "2026-01-23", "close": 20.248205, "volume": 38869800, "typical_volume": 121967223.55, "trend": 18.034254, "fair_value": 10.219272, "relative_strength": 25.211915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.589601, "energy": 11.326416, "activity_lines": [ 20.585175, 20.922751, 21.165978, 20.087603 ] }, { "date": "2026-01-30", "close": 19.698795, "volume": 30758020, "typical_volume": 113213203.5, "trend": 18.332267, "fair_value": 10.291417, "relative_strength": 20.77562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.128102, "energy": 7.461287, "activity_lines": [ 20.282168, 20.60927, 21.084685, 20.194993 ] }, { "date": "2026-02-06", "close": 19.968506, "volume": 64959773, "typical_volume": 109497321.8, "trend": 18.634941, "fair_value": 10.365929, "relative_strength": 22.343071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.692569, "energy": 9.894575, "activity_lines": [ 20.150976, 20.416205, 21.034834, 20.300557 ] }, { "date": "2026-02-13", "close": 18.090527, "volume": 34319504, "typical_volume": 107136599.75, "trend": 18.836058, "fair_value": 10.426551, "relative_strength": 9.174396, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.74797, "energy": 21.064992, "activity_lines": [ 19.353834, 19.941625, 20.793142, 20.265433 ] }, { "date": "2026-02-27", "close": 17.92071, "volume": 18994600, "typical_volume": 106837617.5, "trend": 19.062481, "fair_value": 10.484489, "relative_strength": 4.9569, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.558686, "energy": 39.971616, "activity_lines": [ 18.767798, 19.505912, 20.523908, 20.206378 ] }, { "date": "2026-03-06", "close": 17.471193, "volume": 28671400, "typical_volume": 106650882.5, "trend": 19.285241, "fair_value": 10.541907, "relative_strength": 2.263078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.95315, "energy": 49.892861, "activity_lines": [ 18.196413, 19.044954, 20.201255, 20.103715 ] }, { "date": "2026-03-13", "close": 17.031666, "volume": 16447258, "typical_volume": 96419170.7, "trend": 19.487024, "fair_value": 10.596317, "relative_strength": -0.500033, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.328255, "energy": 62.223818, "activity_lines": [ 17.663653, 18.574551, 19.828228, 19.958323 ] }, { "date": "2026-03-20", "close": 16.602129, "volume": 17697168, "typical_volume": 86284012.2, "trend": 19.634199, "fair_value": 10.647271, "relative_strength": -0.495755, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.386921, "energy": 67.916994, "activity_lines": [ 17.165522, 18.096884, 19.423996, 19.772201 ] }, { "date": "2026-03-27", "close": 16.831882, "volume": 24054797, "typical_volume": 77918708.4, "trend": 19.747743, "fair_value": 10.701037, "relative_strength": 1.049559, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.145807, "energy": 76.416337, "activity_lines": [ 16.968401, 17.711299, 19.062481, 19.591406 ] }, { "date": "2026-04-03", "close": 16.382366, "volume": 12528683, "typical_volume": 69229072.55, "trend": 19.692802, "fair_value": 10.755689, "relative_strength": -1.656478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.940139, "energy": 77.096978, "activity_lines": [ 16.705351, 17.33988, 18.686457, 19.374285 ] }, { "date": "2026-04-10", "close": 17.001699, "volume": 10747300, "typical_volume": 57350398.7, "trend": 19.601567, "fair_value": 10.814247, "relative_strength": -1.535893, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.937825, "energy": 68.836603, "activity_lines": [ 16.751302, 17.153899, 18.401002, 19.200665 ] }, { "date": "2026-04-17", "close": 17.461205, "volume": 19042500, "typical_volume": 52073607.4, "trend": 19.486691, "fair_value": 10.875303, "relative_strength": -1.235001, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.246387, "energy": 52.139036, "activity_lines": [ 16.981721, 17.110491, 18.200979, 19.062577 ] }, { "date": "2026-04-24", "close": 15.932849, "volume": 66121424, "typical_volume": 48184566.65, "trend": 19.443071, "fair_value": 10.928095, "relative_strength": -10.392111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.421192, "energy": 58.453929, "activity_lines": [ 16.674052, 16.829884, 17.884748, 18.833297 ] }, { "date": "2026-05-01", "close": 16.102667, "volume": 31959608, "typical_volume": 44809965.05, "trend": 19.45639, "fair_value": 10.983124, "relative_strength": -10.136354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.587393, "energy": 52.502913, "activity_lines": [ 16.467607, 16.653528, 17.619605, 18.617787 ] }, { "date": "2026-05-08", "close": 15.882903, "volume": 15802200, "typical_volume": 39049932.25, "trend": 19.462717, "fair_value": 11.039935, "relative_strength": -13.078633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.491617, "energy": 60.91905, "activity_lines": [ 16.236523, 16.473359, 17.361264, 18.38724 ] }, { "date": "2026-05-15", "close": 14.983871, "volume": 27585910, "typical_volume": 35692654.75, "trend": 19.439408, "fair_value": 11.087793, "relative_strength": -17.28587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.253456, "energy": 83.14855, "activity_lines": [ 15.739058, 16.16678, 17.041799, 18.098282 ] }, { "date": "2026-05-22", "close": 14.024903, "volume": 25678016, "typical_volume": 34229001.05, "trend": 19.271256, "fair_value": 11.1288, "relative_strength": -21.972918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.284663, "energy": 91.261888, "activity_lines": [ 15.056459, 15.731067, 16.661303, 17.748959 ] }, { "date": "2026-05-29", "close": 14.31, "volume": 40914400, "typical_volume": 34869136.05, "trend": 19.049009, "fair_value": 11.170997, "relative_strength": -19.462204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.781557, "energy": 88.377721, "activity_lines": [ 14.69798, 15.401858, 16.34083, 17.428878 ] }, { "date": "2026-06-05", "close": 13.58, "volume": 9181300, "typical_volume": 30861507.55, "trend": 18.742493, "fair_value": 11.208259, "relative_strength": -22.604583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.228715, "energy": 91.712751, "activity_lines": [ 14.204357, 14.981597, 15.974923, 17.076039 ] }, { "date": "2026-06-12", "close": 13.44, "volume": 11087300, "typical_volume": 27271048.05, "trend": 18.423318, "fair_value": 11.24622, "relative_strength": -23.457088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.467399, "energy": 87.420001, "activity_lines": [ 13.832245, 14.595007, 15.636285, 16.733943 ] }, { "date": "2026-06-19", "close": 12.76, "volume": 19404600, "typical_volume": 26297788.05, "trend": 17.990242, "fair_value": 11.278928, "relative_strength": -28.292706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.773522, "energy": 79.14913, "activity_lines": [ 13.396327, 14.138278, 15.26597, 16.368567 ] }, { "date": "2026-06-26", "close": 11.87, "volume": 4431600, "typical_volume": 24981467.05, "trend": 17.598423, "fair_value": 11.294569, "relative_strength": -32.182411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.432421, "energy": 89.218853, "activity_lines": [ 12.812, 13.596853, 14.846552, 15.973713 ] }, { "date": "2026-07-03", "close": 12.09, "volume": 3782800, "typical_volume": 21922618.4, "trend": 17.225925, "fair_value": 11.311688, "relative_strength": -31.158954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.251621, "energy": 82.780112, "activity_lines": [ 12.444667, 13.197085, 14.485365, 15.618331 ] }, { "date": "2026-07-10", "close": 11.75, "volume": 16706700, "typical_volume": 21041978.2, "trend": 16.886711, "fair_value": 11.330142, "relative_strength": -32.252588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.247151, "energy": 81.664812, "activity_lines": [ 12.112, 12.80537, 14.129315, 15.265045 ] }, { "date": "2026-07-17", "close": 11.55, "volume": 25725455, "typical_volume": 21378520.95, "trend": 16.570799, "fair_value": 11.349104, "relative_strength": -29.290642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.115048, "energy": 74.111088, "activity_lines": [ 11.834667, 12.45643, 13.78441, 14.920741 ] }, { "date": "2026-07-24", "close": 10.96, "volume": 23655100, "typical_volume": 21127705.95, "trend": 16.224565, "fair_value": 11.362238, "relative_strength": -33.624778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.449337, "energy": 80.621611, "activity_lines": [ 11.486667, 12.078998, 13.413651, 14.558754 ] }, { "date": "2026-07-31", "close": 12.45, "volume": 64711500, "typical_volume": 23540918.05, "trend": 15.941983, "fair_value": 11.38665, "relative_strength": -25.007233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.385032, "energy": 64.198712, "activity_lines": [ 11.755333, 12.045636, 13.215803, 14.315234 ] }, { "date": "2026-08-07", "close": 12.78, "volume": 48239704, "typical_volume": 25068044.85, "trend": 15.722344, "fair_value": 11.396627, "relative_strength": -25.195962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.270267, "energy": 53.768817, "activity_lines": [ 12.095333, 12.100909, 13.071201, 14.111235 ] } ], "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." } } }