{ "ticker": { "uuid": "c34b011b-c50a-492a-85cc-2b49ee0d7c13", "symbol": "300243", "name": "Shandong Ruifeng Chemical 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 73.384, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -23.153, "architecture_energy": 44.926, "architecture_maturity": 3.36, "architecture_confidence": 59.519, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 36.84, "rotation_up": 14.25, "upward_expansion": 22.07, "deceleration": 53.58, "rotation_down": 66.65, "downward_expansion": 49.4 }, "activity_lines": [ 13.861333, 15.520295, 16.698565, 16.249539 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 14.95, "trend_reference": 15.20859, "distance_from_trend": -0.017003, "trend_direction": "Improving", "fair_value": 10.79816, "distance_from_fair_value": 0.384495, "fair_value_direction": "Weakening", "relative_strength": 9.320429, "relative_strength_direction": "Weakening", "price_momentum": 0.323009, "excess_performance": 0.315609, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.017003, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.14617, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.384495, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.419334, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.093204, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.180071, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.323009, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.965974, "read": "Supply-led" } ], "volume": { "latest": 78897011, "relative_activity": 0.755269, "balance": 0.965974, "dry_up": 0.804096, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.207904, "annualized_volatility": 0.776971, "from_high_reference": -0.376564, "from_low_reference": 0.533333 }, "levels": { "trend_reference": 15.20859, "fair_value_reference": 10.79816, "structural_low": 10.96, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.030544, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.017494, "regime_survival": 0.4, "best_return": 0.170359, "worst_return": -0.129896, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.212714, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.020682, "regime_survival": 0.0, "best_return": 0.219653, "worst_return": -0.064935, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.133252, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.003104, "regime_survival": 0.0, "best_return": 0.78709, "worst_return": -0.231474, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.020859, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.015194, "regime_survival": 0.0, "best_return": 0.360625, "worst_return": -0.318907, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-10-18", "tenure": "Developing", "return": 0.356218, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": 0.09375, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-03-28", "tenure": "Established", "return": -0.061538, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.082992, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.038589, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.07262, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-10", "tenure": "Established", "return": 0.016641, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-12-19", "tenure": "Developing", "return": -0.003846, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-02", "tenure": "New", "return": 0.004817, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.031835, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.00434, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.085789, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-07-31", "tenure": "Established", "return": 0.056152, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.947224, "volume": 25407948, "typical_volume": 12722856.85, "trend": 8.48023, "fair_value": 11.515353, "relative_strength": 17.612373, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.265522, "energy": 88.302893, "activity_lines": [ 9.593676, 9.181213, 8.815412, 8.664621 ] }, { "date": "2023-08-04", "close": 9.396241, "volume": 17101600, "typical_volume": 13116901.55, "trend": 8.53992, "fair_value": 11.510097, "relative_strength": 9.617835, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.027131, "energy": 74.892933, "activity_lines": [ 9.57859, 9.269049, 8.89403, 8.723719 ] }, { "date": "2023-08-11", "close": 9.150266, "volume": 10257190, "typical_volume": 13272612.15, "trend": 8.579932, "fair_value": 11.50178, "relative_strength": 10.895867, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.493375, "energy": 47.457498, "activity_lines": [ 9.432317, 9.298566, 8.94271, 8.763096 ] }, { "date": "2023-08-18", "close": 9.061715, "volume": 9832180, "typical_volume": 13342869.4, "trend": 8.621256, "fair_value": 11.482949, "relative_strength": 13.397614, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.494711, "energy": 34.978944, "activity_lines": [ 9.290636, 9.299461, 8.97888, 8.794179 ] }, { "date": "2023-08-25", "close": 8.91413, "volume": 11762880, "typical_volume": 13512957.35, "trend": 8.643229, "fair_value": 11.454647, "relative_strength": 15.046614, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.346002, "energy": 20.590009, "activity_lines": [ 9.133868, 9.256169, 8.997058, 8.813074 ] }, { "date": "2023-09-01", "close": 9.248655, "volume": 12668620, "typical_volume": 13679895.85, "trend": 8.662251, "fair_value": 11.426944, "relative_strength": 15.397767, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.089346, "energy": 20.596411, "activity_lines": [ 9.118781, 9.264398, 9.043536, 8.852133 ] }, { "date": "2023-09-08", "close": 9.228978, "volume": 9787085, "typical_volume": 13656079.6, "trend": 8.677338, "fair_value": 11.406652, "relative_strength": 16.917921, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.838049, "energy": 18.06125, "activity_lines": [ 9.143706, 9.251876, 9.083782, 8.888696 ] }, { "date": "2023-09-15", "close": 9.120749, "volume": 8559632, "typical_volume": 13674632.7, "trend": 8.693408, "fair_value": 11.385975, "relative_strength": 16.809556, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.246015, "energy": 16.1732, "activity_lines": [ 9.143706, 9.2093, 9.107677, 8.917304 ] }, { "date": "2023-09-22", "close": 9.209299, "volume": 8414122, "typical_volume": 13931322.8, "trend": 8.715382, "fair_value": 11.35697, "relative_strength": 17.205303, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.026332, "energy": 19.403796, "activity_lines": [ 9.175191, 9.192663, 9.135226, 8.950587 ] }, { "date": "2023-09-29", "close": 9.160105, "volume": 7272008, "typical_volume": 13911119.55, "trend": 8.740308, "fair_value": 11.342538, "relative_strength": 17.061164, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.186376, "energy": 20.743498, "activity_lines": [ 9.180439, 9.1737, 9.153545, 8.979279 ] }, { "date": "2023-10-13", "close": 8.983004, "volume": 8111660, "typical_volume": 13815127.35, "trend": 8.762937, "fair_value": 11.323388, "relative_strength": 14.915847, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.275649, "energy": 9.998862, "activity_lines": [ 9.110254, 9.126295, 9.150687, 8.994937 ] }, { "date": "2023-10-20", "close": 8.677994, "volume": 8279217, "typical_volume": 13732419.55, "trend": 8.784583, "fair_value": 11.307473, "relative_strength": 16.349494, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.127754, "energy": 7.911743, "activity_lines": [ 8.95611, 9.040964, 9.117141, 8.989456 ] }, { "date": "2023-10-27", "close": 9.071553, "volume": 11050299, "typical_volume": 13955791.4, "trend": 8.810492, "fair_value": 11.293339, "relative_strength": 18.637273, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.219621, "energy": 11.739509, "activity_lines": [ 8.969884, 9.040248, 9.120936, 9.007971 ] }, { "date": "2023-11-03", "close": 9.573341, "volume": 25863178, "typical_volume": 14963564.7, "trend": 8.855096, "fair_value": 11.277849, "relative_strength": 23.547583, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.861054, "energy": 18.496708, "activity_lines": [ 9.154201, 9.132197, 9.169616, 9.057187 ] }, { "date": "2023-11-10", "close": 9.524148, "volume": 13174141, "typical_volume": 15321152.25, "trend": 8.900355, "fair_value": 11.262353, "relative_strength": 20.787594, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.990059, "energy": 31.427821, "activity_lines": [ 9.29785, 9.205901, 9.206629, 9.100351 ] }, { "date": "2023-11-17", "close": 9.819317, "volume": 11924589, "typical_volume": 15739625.2, "trend": 8.949878, "fair_value": 11.250418, "relative_strength": 23.814972, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.797208, "energy": 62.263692, "activity_lines": [ 9.51562, 9.32218, 9.266413, 9.159639 ] }, { "date": "2023-11-24", "close": 9.711088, "volume": 9837410, "typical_volume": 15708118.8, "trend": 9.008256, "fair_value": 11.233216, "relative_strength": 23.533446, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.420517, "energy": 68.055299, "activity_lines": [ 9.641559, 9.408405, 9.308673, 9.208749 ] }, { "date": "2023-12-01", "close": 9.691411, "volume": 12988337, "typical_volume": 13166390.35, "trend": 9.060731, "fair_value": 11.208228, "relative_strength": 24.129315, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.970502, "energy": 67.150096, "activity_lines": [ 9.692066, 9.482287, 9.344047, 9.252824 ] }, { "date": "2023-12-08", "close": 9.317529, "volume": 12187352, "typical_volume": 12394492.25, "trend": 9.096151, "fair_value": 11.17726, "relative_strength": 20.848266, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.133307, "energy": 50.600976, "activity_lines": [ 9.576622, 9.477815, 9.343672, 9.269392 ] }, { "date": "2023-12-15", "close": 9.465113, "volume": 12347920, "typical_volume": 12341368.4, "trend": 9.136491, "fair_value": 11.150141, "relative_strength": 24.225104, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.517801, "energy": 29.548138, "activity_lines": [ 9.527427, 9.498208, 9.358571, 9.293196 ] }, { "date": "2023-12-22", "close": 9.228978, "volume": 14756542, "typical_volume": 11808798.1, "trend": 9.156169, "fair_value": 11.124536, "relative_strength": 22.604776, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.569852, "energy": 14.039595, "activity_lines": [ 9.403456, 9.470122, 9.350513, 9.299162 ] }, { "date": "2023-12-29", "close": 9.612699, "volume": 11949067, "typical_volume": 11551171.45, "trend": 9.18831, "fair_value": 11.093977, "relative_strength": 22.92951, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.341465, "energy": 18.093214, "activity_lines": [ 9.446748, 9.507332, 9.382419, 9.328616 ] }, { "date": "2024-01-05", "close": 9.750444, "volume": 12634580, "typical_volume": 11670040.95, "trend": 9.231273, "fair_value": 11.071776, "relative_strength": 29.312394, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.510237, "energy": 23.013817, "activity_lines": [ 9.542514, 9.552591, 9.426413, 9.364883 ] }, { "date": "2024-01-12", "close": 9.425757, "volume": 13974210, "typical_volume": 11877142.45, "trend": 9.275221, "fair_value": 11.042985, "relative_strength": 25.632495, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.126226, "energy": 17.671783, "activity_lines": [ 9.526115, 9.526473, 9.436627, 9.37743 ] }, { "date": "2024-01-19", "close": 8.874774, "volume": 18759712, "typical_volume": 12226984.05, "trend": 9.290963, "fair_value": 11.008869, "relative_strength": 20.244041, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.621871, "energy": 5.032063, "activity_lines": [ 9.31884, 9.40286, 9.392633, 9.351595 ] }, { "date": "2024-01-26", "close": 8.42218, "volume": 23945864, "typical_volume": 12790846.25, "trend": 9.294899, "fair_value": 10.971049, "relative_strength": 13.686356, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.708388, "energy": 37.415448, "activity_lines": [ 9.000057, 9.208763, 9.305722, 9.295544 ] }, { "date": "2024-02-02", "close": 6.641322, "volume": 26987393, "typical_volume": 13650861.65, "trend": 9.227666, "fair_value": 10.920825, "relative_strength": -2.788983, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.856208, "energy": 86.514615, "activity_lines": [ 8.141441, 8.716277, 9.053141, 9.124346 ] }, { "date": "2024-02-09", "close": 5.982109, "volume": 52958544, "typical_volume": 15870807.25, "trend": 9.105006, "fair_value": 10.869958, "relative_strength": -19.95482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.734762, "energy": 96.181167, "activity_lines": [ 7.261179, 8.159747, 8.7501, 8.914955 ] }, { "date": "2024-02-23", "close": 6.897136, "volume": 31915899, "typical_volume": 17045896.1, "trend": 9.015799, "fair_value": 10.80667, "relative_strength": -10.29942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.210094, "energy": 88.510311, "activity_lines": [ 6.937148, 7.837028, 8.54915, 8.772512 ] }, { "date": "2024-03-01", "close": 6.828263, "volume": 36760310, "typical_volume": 18520311.2, "trend": 8.931184, "fair_value": 10.746956, "relative_strength": -14.607452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.814587, "energy": 87.6584, "activity_lines": [ 6.758734, 7.545794, 8.352651, 8.63138 ] }, { "date": "2024-03-08", "close": 6.838101, "volume": 23285400, "typical_volume": 19278998.2, "trend": 8.827547, "fair_value": 10.679211, "relative_strength": -13.893548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.837345, "energy": 81.02962, "activity_lines": [ 6.720034, 7.304291, 8.168193, 8.496343 ] }, { "date": "2024-03-15", "close": 7.221823, "volume": 19411852, "typical_volume": 19835629.95, "trend": 8.755066, "fair_value": 10.618622, "relative_strength": -11.450457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.047647, "energy": 55.617314, "activity_lines": [ 6.914846, 7.176027, 8.030494, 8.392748 ] }, { "date": "2024-03-22", "close": 7.43828, "volume": 20060111, "typical_volume": 20286120.55, "trend": 8.698, "fair_value": 10.558184, "relative_strength": -8.454122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.566605, "energy": 42.2999, "activity_lines": [ 7.14311, 7.130588, 7.920344, 8.307794 ] }, { "date": "2024-03-29", "close": 7.507154, "volume": 15895092, "typical_volume": 19787716.25, "trend": 8.646181, "fair_value": 10.50622, "relative_strength": -6.171791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.593114, "energy": 33.802557, "activity_lines": [ 7.297255, 7.139712, 7.824531, 8.230965 ] }, { "date": "2024-04-05", "close": 8.579604, "volume": 53610065, "typical_volume": 21809512.45, "trend": 8.63503, "fair_value": 10.462057, "relative_strength": 5.173417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.365067, "energy": 20.808176, "activity_lines": [ 7.768215, 7.37871, 7.840695, 8.22667 ] }, { "date": "2024-04-12", "close": 8.835418, "volume": 109118381, "typical_volume": 26669202.05, "trend": 8.621256, "fair_value": 10.432755, "relative_strength": 11.384981, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.148495, "energy": 18.358025, "activity_lines": [ 8.20769, 7.669586, 7.885721, 8.239598 ] }, { "date": "2024-04-19", "close": 11.56082, "volume": 134643951, "typical_volume": 32909529.1, "trend": 8.698984, "fair_value": 10.423828, "relative_strength": 43.134115, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.42319, "energy": 43.999079, "activity_lines": [ 9.422478, 8.448477, 8.194993, 8.429247 ] }, { "date": "2024-04-26", "close": 10.970479, "volume": 209247368, "typical_volume": 42722480.65, "trend": 8.760641, "fair_value": 10.413402, "relative_strength": 31.858325, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.667347, "energy": 46.059038, "activity_lines": [ 10.151219, 9.030588, 8.439234, 8.575795 ] }, { "date": "2024-05-03", "close": 11.009835, "volume": 64516820, "typical_volume": 45338954.05, "trend": 8.820659, "fair_value": 10.402858, "relative_strength": 29.348217, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.436744, "energy": 62.346068, "activity_lines": [ 10.657599, 9.529156, 8.681133, 8.720905 ] }, { "date": "2024-05-10", "close": 13.262965, "volume": 240613927, "typical_volume": 56752254.4, "trend": 8.957421, "fair_value": 10.404595, "relative_strength": 51.389514, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.63891, "energy": 87.811463, "activity_lines": [ 11.681511, 10.362609, 9.129557, 9.007505 ] }, { "date": "2024-05-17", "close": 14.984789, "volume": 205663282, "typical_volume": 66297591.4, "trend": 9.157481, "fair_value": 10.421755, "relative_strength": 68.529567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.816398, "energy": 92.947475, "activity_lines": [ 12.967139, 11.392125, 9.723879, 9.396367 ] }, { "date": "2024-05-24", "close": 11.65921, "volume": 168984875, "typical_volume": 74149381.8, "trend": 9.256855, "fair_value": 10.417166, "relative_strength": 33.723133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.712273, "energy": 72.657083, "activity_lines": [ 12.734283, 11.668869, 9.974071, 9.557769 ] }, { "date": "2024-05-31", "close": 10.803216, "volume": 94691551, "typical_volume": 78252230.35, "trend": 9.314577, "fair_value": 10.407336, "relative_strength": 23.737996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.499817, "energy": 51.885762, "activity_lines": [ 12.209537, 11.709299, 10.132994, 9.657534 ] }, { "date": "2024-06-07", "close": 9.612699, "volume": 56456603, "typical_volume": 80376350.0, "trend": 9.315889, "fair_value": 10.397783, "relative_strength": 10.833088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.32884, "energy": 31.702996, "activity_lines": [ 11.299102, 11.472089, 10.173521, 9.676768 ] }, { "date": "2024-06-14", "close": 9.484792, "volume": 36721847, "typical_volume": 81274456.75, "trend": 9.314577, "fair_value": 10.385309, "relative_strength": 8.827641, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.133986, "energy": 23.383923, "activity_lines": [ 10.439174, 11.173342, 10.200977, 9.687665 ] }, { "date": "2024-06-21", "close": 9.543825, "volume": 64953266, "typical_volume": 83324826.85, "trend": 9.305394, "fair_value": 10.375932, "relative_strength": 11.08464, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.51519, "energy": 23.191471, "activity_lines": [ 9.850802, 10.86887, 10.231149, 9.702455 ] }, { "date": "2024-06-28", "close": 9.032198, "volume": 38151150, "typical_volume": 83883014.7, "trend": 9.282764, "fair_value": 10.35129, "relative_strength": 7.094326, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.813229, "energy": 20.737015, "activity_lines": [ 9.454619, 10.458494, 10.207255, 9.68483 ] }, { "date": "2024-07-05", "close": 8.658316, "volume": 29949131, "typical_volume": 82732544.05, "trend": 9.248328, "fair_value": 10.326722, "relative_strength": 3.955881, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.571808, "energy": 23.897632, "activity_lines": [ 9.108942, 10.026115, 10.136367, 9.644543 ] }, { "date": "2024-07-12", "close": 8.730673, "volume": 37788358, "typical_volume": 83026167.0, "trend": 9.228766, "fair_value": 10.300209, "relative_strength": 2.534316, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.652779, "energy": 23.635966, "activity_lines": [ 8.930378, 9.648931, 10.059627, 9.611146 ] }, { "date": "2024-07-19", "close": 8.073632, "volume": 24855180, "typical_volume": 82430910.5, "trend": 9.182383, "fair_value": 10.266454, "relative_strength": -5.742224, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.633702, "energy": 36.799208, "activity_lines": [ 8.591601, 9.193725, 9.91158, 9.536621 ] }, { "date": "2024-07-26", "close": 8.143319, "volume": 20577986, "typical_volume": 82295539.8, "trend": 9.146194, "fair_value": 10.227039, "relative_strength": -1.707587, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.128872, "energy": 43.861705, "activity_lines": [ 8.370131, 8.84554, 9.76424, 9.469585 ] }, { "date": "2024-08-02", "close": 8.909865, "volume": 40278738, "typical_volume": 83338884.1, "trend": 9.122767, "fair_value": 10.200701, "relative_strength": 7.716731, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.578276, "energy": 33.123731, "activity_lines": [ 8.497544, 8.761118, 9.683689, 9.454338 ] }, { "date": "2024-08-09", "close": 8.103498, "volume": 37984950, "typical_volume": 84235126.05, "trend": 9.067868, "fair_value": 10.1586, "relative_strength": -0.30364, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.738373, "energy": 41.253679, "activity_lines": [ 8.364323, 8.580071, 9.518302, 9.388578 ] }, { "date": "2024-08-16", "close": 7.844664, "volume": 17461809, "typical_volume": 84313461.9, "trend": 9.015165, "fair_value": 10.110601, "relative_strength": -3.180219, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.099309, "energy": 42.38799, "activity_lines": [ 8.181812, 8.40105, 9.325097, 9.309662 ] }, { "date": "2024-08-23", "close": 7.496233, "volume": 22339200, "typical_volume": 82749918.65, "trend": 8.969214, "fair_value": 10.064794, "relative_strength": -5.711589, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.963369, "energy": 60.371717, "activity_lines": [ 7.942224, 8.190823, 9.097101, 9.211666 ] }, { "date": "2024-08-30", "close": 7.685381, "volume": 18282162, "typical_volume": 78208107.7, "trend": 8.944654, "fair_value": 10.020323, "relative_strength": -5.36246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -41.007579, "energy": 65.962062, "activity_lines": [ 7.804179, 8.051143, 8.892279, 9.128838 ] }, { "date": "2024-09-06", "close": 7.416592, "volume": 36972090, "typical_volume": 73324514.65, "trend": 8.970496, "fair_value": 9.973258, "relative_strength": -6.286633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -44.136299, "energy": 70.378451, "activity_lines": [ 7.607067, 7.896382, 8.667333, 9.030254 ] }, { "date": "2024-09-13", "close": 7.227444, "volume": 18289350, "typical_volume": 63776613.75, "trend": 9.012007, "fair_value": 9.919557, "relative_strength": -7.031931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.671351, "energy": 81.90319, "activity_lines": [ 7.446457, 7.736605, 8.444108, 8.917799 ] }, { "date": "2024-09-20", "close": 7.267265, "volume": 10183372, "typical_volume": 61059941.35, "trend": 9.024345, "fair_value": 9.864554, "relative_strength": -7.584288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.61892, "energy": 78.545406, "activity_lines": [ 7.357525, 7.610084, 8.242499, 8.805235 ] }, { "date": "2024-09-27", "close": 8.372287, "volume": 28878942, "typical_volume": 50473192.1, "trend": 9.075813, "fair_value": 9.812833, "relative_strength": -9.607809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.377492, "energy": 47.859571, "activity_lines": [ 7.675426, 7.711084, 8.163952, 8.763166 ] }, { "date": "2024-10-04", "close": 9.467355, "volume": 19228062, "typical_volume": 41151431.1, "trend": 9.163454, "fair_value": 9.770998, "relative_strength": -7.626387, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.707978, "energy": 16.631696, "activity_lines": [ 8.299947, 8.005756, 8.212986, 8.788427 ] }, { "date": "2024-10-11", "close": 8.860089, "volume": 57388662, "typical_volume": 35571620.45, "trend": 9.218063, "fair_value": 9.721655, "relative_strength": -9.475922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.49659, "energy": 23.870669, "activity_lines": [ 8.603247, 8.165944, 8.230459, 8.768855 ] }, { "date": "2024-10-18", "close": 10.42305, "volume": 111145639, "typical_volume": 36394324.85, "trend": 9.317556, "fair_value": 9.678468, "relative_strength": 3.207164, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.69107, "energy": 40.249849, "activity_lines": [ 9.331301, 8.611211, 8.410115, 8.846596 ] }, { "date": "2024-10-25", "close": 9.875516, "volume": 65557271, "typical_volume": 36849358.25, "trend": 9.396501, "fair_value": 9.638439, "relative_strength": -4.671964, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.326445, "energy": 39.260807, "activity_lines": [ 9.663803, 8.914753, 8.539435, 8.882594 ] }, { "date": "2024-11-01", "close": 12.304574, "volume": 79152566, "typical_volume": 38970894.2, "trend": 9.520667, "fair_value": 9.62389, "relative_strength": 20.054731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.524582, "energy": 71.631512, "activity_lines": [ 10.632108, 9.623017, 8.898842, 9.070211 ] }, { "date": "2024-11-08", "close": 12.653005, "volume": 221603240, "typical_volume": 46803392.9, "trend": 9.64792, "fair_value": 9.61251, "relative_strength": 15.276851, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.102753, "energy": 80.07065, "activity_lines": [ 11.454404, 10.307208, 9.278005, 9.272298 ] }, { "date": "2024-11-15", "close": 11.607713, "volume": 94743156, "typical_volume": 49632993.2, "trend": 9.649483, "fair_value": 9.596487, "relative_strength": 9.545527, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.508159, "energy": 70.717321, "activity_lines": [ 11.715893, 10.711025, 9.542811, 9.398736 ] }, { "date": "2024-11-22", "close": 12.523587, "volume": 105308321, "typical_volume": 53400952.7, "trend": 9.701253, "fair_value": 9.590198, "relative_strength": 21.191431, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.826452, "energy": 72.669827, "activity_lines": [ 12.099498, 11.205163, 9.882579, 9.584162 ] }, { "date": "2024-11-29", "close": 10.950673, "volume": 92358432, "typical_volume": 56129456.4, "trend": 9.699281, "fair_value": 9.580246, "relative_strength": 4.151618, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.345044, "energy": 42.386689, "activity_lines": [ 11.818762, 11.317023, 10.05414, 9.66477 ] }, { "date": "2024-12-06", "close": 11.090045, "volume": 60732811, "typical_volume": 57923337.95, "trend": 9.62685, "fair_value": 9.569754, "relative_strength": 3.659805, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.27115, "energy": 41.567798, "activity_lines": [ 11.512807, 11.387252, 10.228402, 9.754497 ] }, { "date": "2024-12-13", "close": 10.801346, "volume": 39105574, "typical_volume": 58849717.35, "trend": 9.487402, "fair_value": 9.552549, "relative_strength": 1.633902, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 43.293556, "energy": 30.248859, "activity_lines": [ 11.191588, 11.355576, 10.360806, 9.830271 ] }, { "date": "2024-12-20", "close": 10.353363, "volume": 29808174, "typical_volume": 58326189.15, "trend": 9.443874, "fair_value": 9.529731, "relative_strength": -1.904761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.923097, "energy": 21.69522, "activity_lines": [ 10.844484, 11.218195, 10.437887, 9.886139 ] }, { "date": "2024-12-27", "close": 9.945202, "volume": 39316750, "typical_volume": 58392779.15, "trend": 9.415273, "fair_value": 9.505543, "relative_strength": -5.765977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.553538, "energy": 21.825235, "activity_lines": [ 10.444951, 10.979452, 10.469222, 9.918483 ] }, { "date": "2025-01-03", "close": 8.929776, "volume": 18274470, "typical_volume": 58433412.2, "trend": 9.392509, "fair_value": 9.467305, "relative_strength": -8.675843, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.326514, "energy": 16.571867, "activity_lines": [ 9.878834, 10.564775, 10.39508, 9.88716 ] }, { "date": "2025-01-10", "close": 8.850135, "volume": 19124004, "typical_volume": 58272652.4, "trend": 9.371354, "fair_value": 9.435661, "relative_strength": -8.258874, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.138327, "energy": 20.737313, "activity_lines": [ 9.420897, 10.152812, 10.308186, 9.852168 ] }, { "date": "2025-01-17", "close": 9.288161, "volume": 18519995, "typical_volume": 58284544.05, "trend": 9.362832, "fair_value": 9.407635, "relative_strength": -6.937432, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.986186, "energy": 27.305488, "activity_lines": [ 9.258296, 9.883299, 10.256561, 9.846801 ] }, { "date": "2025-01-24", "close": 9.228431, "volume": 18480726, "typical_volume": 57359975.85, "trend": 9.369373, "fair_value": 9.385147, "relative_strength": -8.513304, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.110461, "energy": 31.983468, "activity_lines": [ 9.176664, 9.664105, 10.191616, 9.83813 ] }, { "date": "2025-01-31", "close": 9.168699, "volume": 4568500, "typical_volume": 56673933.35, "trend": 9.386386, "fair_value": 9.360843, "relative_strength": -7.776699, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.643244, "energy": 40.458753, "activity_lines": [ 9.150117, 9.477309, 10.112354, 9.825183 ] }, { "date": "2025-02-07", "close": 9.666457, "volume": 13354575, "typical_volume": 56832493.5, "trend": 9.417579, "fair_value": 9.337548, "relative_strength": -6.794635, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.835244, "energy": 23.28715, "activity_lines": [ 9.341255, 9.442014, 10.071253, 9.843253 ] }, { "date": "2025-02-14", "close": 9.756054, "volume": 33853353, "typical_volume": 57081214.05, "trend": 9.473659, "fair_value": 9.31676, "relative_strength": -7.86316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.798529, "energy": 9.261573, "activity_lines": [ 9.513148, 9.446358, 10.027261, 9.86509 ] }, { "date": "2025-02-21", "close": 9.945202, "volume": 34410782, "typical_volume": 57840350.05, "trend": 9.533722, "fair_value": 9.302356, "relative_strength": -8.402107, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 3.069394, "energy": 8.16983, "activity_lines": [ 9.687695, 9.509347, 9.994693, 9.895512 ] }, { "date": "2025-02-28", "close": 10.472826, "volume": 54540810, "typical_volume": 57697957.45, "trend": 9.585821, "fair_value": 9.294078, "relative_strength": -0.596507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.356083, "energy": 30.301437, "activity_lines": [ 9.994314, 9.683834, 10.0101, 9.956099 ] }, { "date": "2025-03-07", "close": 10.303588, "volume": 60976577, "typical_volume": 55189504.35, "trend": 9.659157, "fair_value": 9.283842, "relative_strength": -4.706279, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.97263, "energy": 27.093954, "activity_lines": [ 10.161561, 9.825378, 10.001709, 10.002407 ] }, { "date": "2025-03-14", "close": 10.313542, "volume": 25302937, "typical_volume": 53176787.65, "trend": 9.741453, "fair_value": 9.272797, "relative_strength": -6.124126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.448373, "energy": 28.118199, "activity_lines": [ 10.256467, 9.962216, 9.994835, 10.044625 ] }, { "date": "2025-03-21", "close": 10.034799, "volume": 20213411, "typical_volume": 50229829.9, "trend": 9.826072, "fair_value": 9.255416, "relative_strength": -6.466417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.674438, "energy": 29.353183, "activity_lines": [ 10.215319, 10.023214, 9.959329, 10.063551 ] }, { "date": "2025-03-28", "close": 9.716233, "volume": 24457232, "typical_volume": 40372529.5, "trend": 9.893767, "fair_value": 9.231941, "relative_strength": -8.955657, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.099078, "energy": 15.527731, "activity_lines": [ 10.049399, 10.004752, 9.904291, 10.056464 ] }, { "date": "2025-04-04", "close": 9.716233, "volume": 12177233, "typical_volume": 36244233.35, "trend": 9.970422, "fair_value": 9.218501, "relative_strength": -6.902081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.211143, "energy": 7.411307, "activity_lines": [ 9.898744, 9.978506, 9.863238, 10.04501 ] }, { "date": "2025-04-11", "close": 8.909865, "volume": 27388781, "typical_volume": 32348256.35, "trend": 10.026502, "fair_value": 9.205376, "relative_strength": -9.927875, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.795909, "energy": 47.579314, "activity_lines": [ 9.52974, 9.796779, 9.754395, 9.976587 ] }, { "date": "2025-04-18", "close": 9.029327, "volume": 15155400, "typical_volume": 28488104.75, "trend": 10.085238, "fair_value": 9.192332, "relative_strength": -7.657745, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.798925, "energy": 63.522074, "activity_lines": [ 9.293471, 9.641479, 9.674137, 9.912253 ] }, { "date": "2025-04-25", "close": 9.20852, "volume": 18170454, "typical_volume": 26359986.9, "trend": 10.113112, "fair_value": 9.182056, "relative_strength": -6.697051, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.090881, "energy": 64.322209, "activity_lines": [ 9.202547, 9.530343, 9.620095, 9.855691 ] }, { "date": "2025-05-02", "close": 9.178655, "volume": 8091852, "typical_volume": 24809300.8, "trend": 10.103489, "fair_value": 9.173023, "relative_strength": -6.437703, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.428233, "energy": 63.484155, "activity_lines": [ 9.156753, 9.423733, 9.572168, 9.795403 ] }, { "date": "2025-05-09", "close": 9.566906, "volume": 11657037, "typical_volume": 23901743.95, "trend": 10.127049, "fair_value": 9.172025, "relative_strength": -3.88608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.111259, "energy": 39.285543, "activity_lines": [ 9.276215, 9.40165, 9.568944, 9.760785 ] }, { "date": "2025-05-16", "close": 9.626637, "volume": 13397310, "typical_volume": 22605771.95, "trend": 10.100502, "fair_value": 9.174527, "relative_strength": -2.649011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.821031, "energy": 21.926731, "activity_lines": [ 9.425543, 9.406899, 9.575154, 9.728501 ] }, { "date": "2025-05-23", "close": 9.377758, "volume": 14774720, "typical_volume": 22430784.45, "trend": 10.08391, "fair_value": 9.177364, "relative_strength": -4.132829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.025513, "energy": 18.388547, "activity_lines": [ 9.444126, 9.379206, 9.559179, 9.681872 ] }, { "date": "2025-05-30", "close": 10.144304, "volume": 72473686, "typical_volume": 25098268.55, "trend": 10.011901, "fair_value": 9.184493, "relative_strength": 4.951009, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.155725, "energy": 12.131115, "activity_lines": [ 9.694995, 9.507899, 9.614074, 9.685768 ] }, { "date": "2025-06-06", "close": 10.273722, "volume": 60766768, "typical_volume": 27210607.2, "trend": 9.932592, "fair_value": 9.187652, "relative_strength": 4.858963, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.696982, "energy": 15.660766, "activity_lines": [ 9.926619, 9.658131, 9.675133, 9.70266 ] }, { "date": "2025-06-13", "close": 9.905381, "volume": 85818076, "typical_volume": 30577474.7, "trend": 9.875848, "fair_value": 9.185895, "relative_strength": 1.809361, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.06218, "energy": 15.204267, "activity_lines": [ 9.962457, 9.731256, 9.696418, 9.700904 ] }, { "date": "2025-06-20", "close": 10.004933, "volume": 44227090, "typical_volume": 32560404.2, "trend": 9.791892, "fair_value": 9.185461, "relative_strength": 4.146055, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.767721, "energy": 20.863917, "activity_lines": [ 10.008915, 9.819043, 9.72396, 9.709232 ] }, { "date": "2025-06-27", "close": 10.890942, "volume": 80733346, "typical_volume": 35929342.75, "trend": 9.789901, "fair_value": 9.190271, "relative_strength": 9.226203, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.224888, "energy": 42.734732, "activity_lines": [ 10.325489, 10.048011, 9.831903, 9.780139 ] }, { "date": "2025-07-04", "close": 10.880987, "volume": 83082306, "typical_volume": 38390790.4, "trend": 9.782933, "fair_value": 9.19564, "relative_strength": 7.688639, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.593191, "energy": 52.462789, "activity_lines": [ 10.537866, 10.241323, 9.933066, 9.850532 ] }, { "date": "2025-07-11", "close": 10.711749, "volume": 48218723, "typical_volume": 39081187.45, "trend": 9.779946, "fair_value": 9.201607, "relative_strength": 4.124817, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.537817, "energy": 58.582496, "activity_lines": [ 10.644718, 10.373455, 10.012755, 9.910455 ] }, { "date": "2025-07-18", "close": 11.26, "volume": 45107813, "typical_volume": 38609537.6, "trend": 9.810167, "fair_value": 9.207785, "relative_strength": 7.003236, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.449589, "energy": 67.881518, "activity_lines": [ 10.905118, 10.577394, 10.141008, 10.005942 ] }, { "date": "2025-07-25", "close": 11.08, "volume": 31558823, "typical_volume": 37138649.9, "trend": 9.847994, "fair_value": 9.21468, "relative_strength": 2.803117, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.50264, "energy": 61.026501, "activity_lines": [ 11.015211, 10.717823, 10.248369, 10.087867 ] }, { "date": "2025-08-01", "close": 10.82, "volume": 25792573, "typical_volume": 37163131.7, "trend": 9.911002, "fair_value": 9.221901, "relative_strength": 2.122266, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.91389, "energy": 49.140928, "activity_lines": [ 10.966966, 10.784555, 10.327271, 10.150577 ] }, { "date": "2025-08-08", "close": 11.11, "volume": 23106326, "typical_volume": 37307777.45, "trend": 9.98633, "fair_value": 9.233849, "relative_strength": 3.497276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.027746, "energy": 42.894445, "activity_lines": [ 11.020117, 10.877791, 10.431381, 10.227932 ] }, { "date": "2025-08-15", "close": 11.22, "volume": 56571936, "typical_volume": 38913512.65, "trend": 10.050725, "fair_value": 9.242763, "relative_strength": -0.073268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.154848, "energy": 38.20906, "activity_lines": [ 11.094667, 10.973468, 10.540847, 10.307524 ] }, { "date": "2025-08-22", "close": 11.25, "volume": 35722476, "typical_volume": 40090774.8, "trend": 10.118111, "fair_value": 9.250871, "relative_strength": -4.198602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.153574, "energy": 36.978985, "activity_lines": [ 11.145333, 11.057396, 10.646009, 10.384896 ] }, { "date": "2025-08-29", "close": 10.95, "volume": 48609560, "typical_volume": 41151813.75, "trend": 10.177487, "fair_value": 9.255785, "relative_strength": -10.542987, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.358537, "energy": 34.463757, "activity_lines": [ 11.096667, 11.06233, 10.715297, 10.438566 ] }, { "date": "2025-09-05", "close": 11.47, "volume": 50122980, "typical_volume": 42900192.75, "trend": 10.237605, "fair_value": 9.262456, "relative_strength": -5.506748, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.979593, "energy": 37.609405, "activity_lines": [ 11.23, 11.144627, 10.824393, 10.521954 ] }, { "date": "2025-09-12", "close": 11.76, "volume": 94662028, "typical_volume": 46724771.45, "trend": 10.304404, "fair_value": 9.272311, "relative_strength": -5.626888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.596013, "energy": 45.485541, "activity_lines": [ 11.416667, 11.269123, 10.949486, 10.620173 ] }, { "date": "2025-09-19", "close": 11.1, "volume": 42608630, "typical_volume": 48450610.35, "trend": 10.342897, "fair_value": 9.281214, "relative_strength": -11.83407, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.774629, "energy": 34.14135, "activity_lines": [ 11.34, 11.257636, 10.999571, 10.671502 ] }, { "date": "2025-09-26", "close": 10.58, "volume": 36974989, "typical_volume": 49716507.95, "trend": 10.346469, "fair_value": 9.289307, "relative_strength": -16.711929, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.177953, "energy": 23.104354, "activity_lines": [ 11.098, 11.144545, 10.990984, 10.686799 ] }, { "date": "2025-10-03", "close": 10.78, "volume": 9662510, "typical_volume": 49529767.95, "trend": 10.36235, "fair_value": 9.298429, "relative_strength": -16.959849, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.604484, "energy": 16.258451, "activity_lines": [ 10.967333, 11.080182, 10.99662, 10.714769 ] }, { "date": "2025-10-10", "close": 10.89, "volume": 11526530, "typical_volume": 49367358.45, "trend": 10.381565, "fair_value": 9.310654, "relative_strength": -14.926609, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.594377, "energy": 19.399389, "activity_lines": [ 10.884667, 11.041273, 11.00724, 10.748811 ] }, { "date": "2025-10-17", "close": 10.4, "volume": 28990452, "typical_volume": 47193196.75, "trend": 10.393738, "fair_value": 9.32308, "relative_strength": -14.165615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.518765, "energy": 13.602572, "activity_lines": [ 10.677333, 10.912, 10.963993, 10.75 ] }, { "date": "2025-10-24", "close": 11.04, "volume": 20914860, "typical_volume": 45200601.35, "trend": 10.437864, "fair_value": 9.341753, "relative_strength": -12.824913, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.30559, "energy": 12.557076, "activity_lines": [ 10.774, 10.912, 10.98048, 10.791694 ] }, { "date": "2025-10-31", "close": 11.31, "volume": 26233145, "typical_volume": 42221354.8, "trend": 10.49099, "fair_value": 9.360075, "relative_strength": -10.689885, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.351328, "energy": 15.53824, "activity_lines": [ 10.964667, 10.964364, 11.019032, 10.847961 ] }, { "date": "2025-11-07", "close": 11.58, "volume": 29050510, "typical_volume": 41462525.8, "trend": 10.579994, "fair_value": 9.380065, "relative_strength": -8.231359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.415234, "energy": 25.632251, "activity_lines": [ 11.196667, 11.064727, 11.07661, 10.91822 ] }, { "date": "2025-11-14", "close": 11.79, "volume": 43047699, "typical_volume": 39578243.45, "trend": 10.672016, "fair_value": 9.405312, "relative_strength": -4.872935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.191475, "energy": 49.913668, "activity_lines": [ 11.445333, 11.191818, 11.146688, 10.996285 ] }, { "date": "2025-11-21", "close": 10.7, "volume": 40679384, "typical_volume": 37458097.35, "trend": 10.721732, "fair_value": 9.42004, "relative_strength": -8.348478, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.481614, "energy": 27.797844, "activity_lines": [ 11.270667, 11.114909, 11.108675, 10.99809 ] }, { "date": "2025-11-28", "close": 11.03, "volume": 28568706, "typical_volume": 36475596.5, "trend": 10.783444, "fair_value": 9.436063, "relative_strength": -8.422157, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.127182, "energy": 23.922877, "activity_lines": [ 11.186, 11.117273, 11.102952, 11.017979 ] }, { "date": "2025-12-05", "close": 10.69, "volume": 21596108, "typical_volume": 35300011.25, "trend": 10.82088, "fair_value": 9.449023, "relative_strength": -11.957737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.68944, "energy": 5.339322, "activity_lines": [ 10.988667, 11.059091, 11.063333, 11.01195 ] }, { "date": "2025-12-12", "close": 10.11, "volume": 20733231, "typical_volume": 34758731.65, "trend": 10.836993, "fair_value": 9.459527, "relative_strength": -17.004859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.587048, "energy": 26.852696, "activity_lines": [ 10.639333, 10.893455, 10.97119, 10.966087 ] }, { "date": "2025-12-19", "close": 10.36, "volume": 21057153, "typical_volume": 34521960.65, "trend": 10.869734, "fair_value": 9.471444, "relative_strength": -13.856219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.288089, "energy": 42.163773, "activity_lines": [ 10.471333, 10.785455, 10.907476, 10.935313 ] }, { "date": "2025-12-26", "close": 10.38, "volume": 15954943, "typical_volume": 34164391.5, "trend": 10.87759, "fair_value": 9.481346, "relative_strength": -16.333004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.223721, "energy": 50.372408, "activity_lines": [ 10.405333, 10.690727, 10.847857, 10.903717 ] }, { "date": "2026-01-02", "close": 10.43, "volume": 12695989, "typical_volume": 31970594.15, "trend": 10.8828, "fair_value": 9.492766, "relative_strength": -15.205325, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.865407, "energy": 59.492033, "activity_lines": [ 10.377333, 10.605455, 10.796476, 10.87484 ] }, { "date": "2026-01-09", "close": 10.68, "volume": 30774071, "typical_volume": 31723173.9, "trend": 10.90862, "fair_value": 9.508942, "relative_strength": -16.572942, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.908087, "energy": 38.124301, "activity_lines": [ 10.472667, 10.576727, 10.772667, 10.861757 ] }, { "date": "2026-01-16", "close": 11.02, "volume": 37363984, "typical_volume": 31160895.1, "trend": 10.942456, "fair_value": 9.530829, "relative_strength": -14.62917, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.562199, "energy": 15.644355, "activity_lines": [ 10.682, 10.621273, 10.783952, 10.868942 ] }, { "date": "2026-01-23", "close": 11.52, "volume": 33793585, "typical_volume": 30344425.35, "trend": 10.963425, "fair_value": 9.553715, "relative_strength": -11.549909, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.852111, "energy": 15.682939, "activity_lines": [ 10.997333, 10.766909, 10.842524, 10.906203 ] }, { "date": "2026-01-30", "close": 11.3, "volume": 30037614, "typical_volume": 27113204.65, "trend": 10.977392, "fair_value": 9.576009, "relative_strength": -11.609053, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.24469, "energy": 19.646306, "activity_lines": [ 11.162, 10.877455, 10.879905, 10.927918 ] }, { "date": "2026-02-06", "close": 11.47, "volume": 29727900, "typical_volume": 26469168.15, "trend": 11.002667, "fair_value": 9.596619, "relative_strength": -8.174149, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.355218, "energy": 30.168596, "activity_lines": [ 11.322, 11.008, 10.935667, 10.959699 ] }, { "date": "2026-02-13", "close": 11.54, "volume": 25631014, "typical_volume": 25901969.4, "trend": 11.012, "fair_value": 9.614965, "relative_strength": -8.707054, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.615903, "energy": 47.761116, "activity_lines": [ 11.436, 11.143273, 10.996333, 10.994366 ] }, { "date": "2026-02-27", "close": 12.53, "volume": 72875549, "typical_volume": 29062621.35, "trend": 11.060333, "fair_value": 9.639027, "relative_strength": -3.492075, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.667734, "energy": 77.693091, "activity_lines": [ 11.822667, 11.443091, 11.146714, 11.092301 ] }, { "date": "2026-03-06", "close": 12.11, "volume": 49362252, "typical_volume": 30954407.45, "trend": 11.103333, "fair_value": 9.661279, "relative_strength": -4.332668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.154383, "energy": 71.553075, "activity_lines": [ 11.968667, 11.622545, 11.248762, 11.160022 ] }, { "date": "2026-03-13", "close": 15.2, "volume": 177785999, "typical_volume": 38394184.8, "trend": 11.239667, "fair_value": 9.703907, "relative_strength": 18.876294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.250842, "energy": 89.521858, "activity_lines": [ 13.105333, 12.332, 11.639286, 11.424323 ] }, { "date": "2026-03-20", "close": 14.36, "volume": 277467557, "typical_volume": 51221819.65, "trend": 11.344333, "fair_value": 9.742033, "relative_strength": 15.426226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.153277, "energy": 83.283004, "activity_lines": [ 13.702, 12.801091, 11.926952, 11.625634 ] }, { "date": "2026-03-27", "close": 13.78, "volume": 142481096, "typical_volume": 57034217.2, "trend": 11.428667, "fair_value": 9.777135, "relative_strength": 11.466714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.573085, "energy": 73.55526, "activity_lines": [ 13.912667, 13.093273, 12.143571, 11.782774 ] }, { "date": "2026-04-03", "close": 12.66, "volume": 87533429, "typical_volume": 59958363.15, "trend": 11.485667, "fair_value": 9.806823, "relative_strength": 5.459507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.532587, "energy": 55.792595, "activity_lines": [ 13.600667, 13.125455, 12.241762, 11.862215 ] }, { "date": "2026-04-10", "close": 13.884412, "volume": 75503132, "typical_volume": 61581134.8, "trend": 11.566147, "fair_value": 9.842657, "relative_strength": 7.851345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.450733, "energy": 45.541421, "activity_lines": [ 13.688137, 13.350439, 12.45142, 12.016973 ] }, { "date": "2026-04-17", "close": 17.099226, "volume": 187373092, "typical_volume": 68915820.2, "trend": 11.744121, "fair_value": 9.899478, "relative_strength": 27.025057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.924319, "energy": 57.144475, "activity_lines": [ 14.728919, 14.116945, 12.957278, 12.373946 ] }, { "date": "2026-04-24", "close": 17.009649, "volume": 145036485, "typical_volume": 74739209.15, "trend": 11.94111, "fair_value": 9.956165, "relative_strength": 25.321371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.255071, "energy": 59.971178, "activity_lines": [ 15.613226, 14.761724, 13.424132, 12.713657 ] }, { "date": "2026-05-01", "close": 17.557062, "volume": 133207435, "typical_volume": 80319775.5, "trend": 12.173678, "fair_value": 10.01529, "relative_strength": 27.293078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.108161, "energy": 77.099531, "activity_lines": [ 16.503361, 15.405312, 13.914646, 13.075977 ] }, { "date": "2026-05-08", "close": 18.184101, "volume": 84134593, "typical_volume": 83489843.6, "trend": 12.420482, "fair_value": 10.080831, "relative_strength": 27.327501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.422587, "energy": 82.477051, "activity_lines": [ 17.350704, 16.053506, 14.432178, 13.463746 ] }, { "date": "2026-05-15", "close": 18.253771, "volume": 162320470, "typical_volume": 90553009.45, "trend": 12.665941, "fair_value": 10.145809, "relative_strength": 27.226538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.84364, "energy": 73.246368, "activity_lines": [ 17.852998, 16.611565, 14.917897, 13.840087 ] }, { "date": "2026-05-22", "close": 20.771877, "volume": 136762061, "typical_volume": 96593365.35, "trend": 13.01167, "fair_value": 10.226046, "relative_strength": 43.290029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.507341, "energy": 71.631321, "activity_lines": [ 18.90337, 17.515757, 15.605846, 14.363051 ] }, { "date": "2026-05-29", "close": 18.761374, "volume": 192560432, "typical_volume": 105586587.5, "trend": 13.269049, "fair_value": 10.293395, "relative_strength": 28.861221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.334598, "energy": 55.331224, "activity_lines": [ 19.03873, 17.953096, 16.052833, 14.733999 ] }, { "date": "2026-06-05", "close": 17.736216, "volume": 30867809, "typical_volume": 105591274.4, "trend": 13.483256, "fair_value": 10.351713, "relative_strength": 23.516025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.001738, "energy": 49.158893, "activity_lines": [ 18.71559, 18.124017, 16.362513, 15.022204 ] }, { "date": "2026-06-12", "close": 18.110001, "volume": 26679607, "typical_volume": 105057055.55, "trend": 13.700923, "fair_value": 10.412363, "relative_strength": 28.548812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.658595, "energy": 45.94393, "activity_lines": [ 18.505101, 18.290969, 16.674191, 15.320703 ] }, { "date": "2026-06-19", "close": 19.549999, "volume": 139299869, "typical_volume": 110332369.75, "trend": 13.95959, "fair_value": 10.483443, "relative_strength": 28.896844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.067604, "energy": 43.980726, "activity_lines": [ 18.779551, 18.620647, 17.08925, 15.698063 ] }, { "date": "2026-06-26", "close": 22.76, "volume": 62349423, "typical_volume": 111947960.2, "trend": 14.36159, "fair_value": 10.577371, "relative_strength": 51.066003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.752757, "energy": 53.77011, "activity_lines": [ 20.037587, 19.430951, 17.771785, 16.265832 ] }, { "date": "2026-07-03", "close": 18.549999, "volume": 35716063, "typical_volume": 112247368.35, "trend": 14.612256, "fair_value": 10.642419, "relative_strength": 24.230655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.431956, "energy": 41.663926, "activity_lines": [ 19.759747, 19.372877, 17.998796, 16.536051 ] }, { "date": "2026-07-10", "close": 15.41, "volume": 111427625, "typical_volume": 116537198.9, "trend": 14.76959, "fair_value": 10.687969, "relative_strength": 7.004184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.77375, "energy": 23.168638, "activity_lines": [ 18.449333, 18.715888, 17.893045, 16.587519 ] }, { "date": "2026-07-17", "close": 13.53, "volume": 74219458, "typical_volume": 116604394.35, "trend": 14.88359, "fair_value": 10.719198, "relative_strength": 3.162794, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 6.126276, "energy": 9.928553, "activity_lines": [ 16.667333, 17.756118, 17.589818, 16.507545 ] }, { "date": "2026-07-24", "close": 13.18, "volume": 74821530, "typical_volume": 117877358.25, "trend": 14.97759, "fair_value": 10.74175, "relative_strength": 0.150237, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -9.920207, "energy": 26.071608, "activity_lines": [ 15.074, 16.817332, 17.248495, 16.397636 ] }, { "date": "2026-07-31", "close": 12.79, "volume": 108052349, "typical_volume": 114390675.75, "trend": 15.057923, "fair_value": 10.76237, "relative_strength": -1.312486, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.260165, "energy": 39.718268, "activity_lines": [ 13.775333, 15.899887, 16.864935, 16.256501 ] }, { "date": "2026-08-07", "close": 14.95, "volume": 78897011, "typical_volume": 104462148.45, "trend": 15.20859, "fair_value": 10.79816, "relative_strength": 9.320429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.153403, "energy": 44.926055, "activity_lines": [ 13.861333, 15.520295, 16.698565, 16.249539 ] } ], "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." } } }