{ "ticker": { "uuid": "c5b4888a-ef8d-4f44-a3ea-d861010f0101", "symbol": "301039", "name": "CIMC Vehicles (Group) Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -29.372, "architecture_energy": 26.269, "architecture_maturity": 96.398, "architecture_confidence": 73.061, "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": 40.9, "rotation_up": 36.28, "upward_expansion": 22.64, "deceleration": 44.17, "rotation_down": 19.15, "downward_expansion": 54.3 }, "activity_lines": [ 7.756667, 7.445505, 7.677741, 8.041481 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 7.96, "trend_reference": 8.53601, "distance_from_trend": -0.06748, "trend_direction": "Weakening", "fair_value": 9.057378, "distance_from_fair_value": -0.121158, "fair_value_direction": "Weakening", "relative_strength": -14.51738, "relative_strength_direction": "Improving", "price_momentum": -0.18107, "excess_performance": -0.18847, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.06748, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.092718, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.121158, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.055703, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.145174, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.072755, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.18107, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.903084, "read": "Supply-led" } ], "volume": { "latest": 103738514, "relative_activity": 1.657301, "balance": 0.903084, "dry_up": 1.684751, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.076996, "annualized_volatility": 0.376222, "from_high_reference": -0.256075, "from_low_reference": 0.235317 }, "levels": { "trend_reference": 8.53601, "fair_value_reference": 9.057378, "structural_low": 6.44369, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.000787, "positive_rate": 0.529412, "directional_follow_through": 0.470588, "median_excess_return": -0.003744, "regime_survival": 0.823529, "best_return": 0.202814, "worst_return": -0.146445, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.053385, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017617, "regime_survival": 0.5, "best_return": 0.209468, "worst_return": -0.238251, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.10245, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.03842, "regime_survival": 0.0, "best_return": 0.102887, "worst_return": -0.04501, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.082548, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.142293, "regime_survival": 0.0, "best_return": 0.115632, "worst_return": 0.049464, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.047273, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2024-09-27", "tenure": "Developing", "return": 0.179882, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": -0.113901, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-06", "tenure": "Developing", "return": -0.054545, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-01-10", "tenure": "Developing", "return": -0.12462, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.014317, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.036707, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-07-11", "tenure": "Established", "return": 0.004188, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.066746, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.056911, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-01-09", "tenure": "Established", "return": 0.019565, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-20", "tenure": "Developing", "return": -0.100427, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.023516, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.130055, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 12.728329, "volume": 88726046, "typical_volume": 107464369.7, "trend": 10.392852, "fair_value": 9.694867, "relative_strength": 39.742872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.499712, "energy": 62.224842, "activity_lines": [ 12.528432, 12.227223, 11.877356, 11.322869 ] }, { "date": "2023-08-04", "close": 12.888493, "volume": 184303774, "typical_volume": 112262989.95, "trend": 10.577797, "fair_value": 9.724996, "relative_strength": 38.342665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.417238, "energy": 56.631791, "activity_lines": [ 12.667305, 12.393738, 12.013129, 11.483878 ] }, { "date": "2023-08-11", "close": 12.191308, "volume": 75474199, "typical_volume": 111880333.85, "trend": 10.736433, "fair_value": 9.748046, "relative_strength": 34.763642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.66013, "energy": 40.208044, "activity_lines": [ 12.526844, 12.402607, 12.067047, 11.587976 ] }, { "date": "2023-08-18", "close": 12.153622, "volume": 60954803, "typical_volume": 109487292.35, "trend": 10.892892, "fair_value": 9.770319, "relative_strength": 37.383016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.42851, "energy": 33.853251, "activity_lines": [ 12.396695, 12.389764, 12.104405, 11.679407 ] }, { "date": "2023-08-25", "close": 10.589668, "volume": 128133655, "typical_volume": 112686792.2, "trend": 10.991387, "fair_value": 9.777836, "relative_strength": 22.624047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.838636, "energy": 9.678763, "activity_lines": [ 11.776138, 12.086762, 11.981253, 11.659844 ] }, { "date": "2023-09-01", "close": 11.569494, "volume": 91658553, "typical_volume": 105360117.5, "trend": 11.11149, "fair_value": 9.794124, "relative_strength": 28.485471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.65522, "energy": 19.36987, "activity_lines": [ 11.595874, 11.978682, 11.947171, 11.697142 ] }, { "date": "2023-09-08", "close": 11.682551, "volume": 75317063, "typical_volume": 101556018.95, "trend": 11.234134, "fair_value": 9.811137, "relative_strength": 30.704502, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.914493, "energy": 16.571468, "activity_lines": [ 11.530552, 11.88911, 11.929854, 11.733984 ] }, { "date": "2023-09-15", "close": 11.381066, "volume": 51544722, "typical_volume": 94848288.1, "trend": 11.352255, "fair_value": 9.825154, "relative_strength": 27.781022, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.635567, "energy": 16.156283, "activity_lines": [ 11.445132, 11.753848, 11.883363, 11.743464 ] }, { "date": "2023-09-22", "close": 11.324538, "volume": 36658963, "typical_volume": 92781420.75, "trend": 11.430731, "fair_value": 9.838423, "relative_strength": 25.521951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.358309, "energy": 15.497093, "activity_lines": [ 11.394884, 11.629278, 11.835358, 11.741676 ] }, { "date": "2023-09-29", "close": 11.39991, "volume": 46315280, "typical_volume": 88567329.9, "trend": 11.473347, "fair_value": 9.85212, "relative_strength": 25.966609, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.652167, "energy": 14.53325, "activity_lines": [ 11.425033, 11.541916, 11.797135, 11.739687 ] }, { "date": "2023-10-13", "close": 10.382398, "volume": 98152181, "typical_volume": 90671311.35, "trend": 11.494017, "fair_value": 9.856732, "relative_strength": 14.321257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.668483, "energy": 38.833442, "activity_lines": [ 11.061995, 11.285825, 11.661181, 11.669303 ] }, { "date": "2023-10-20", "close": 9.958433, "volume": 75892996, "typical_volume": 91556915.65, "trend": 11.504547, "fair_value": 9.857608, "relative_strength": 14.401736, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.49279, "energy": 56.864946, "activity_lines": [ 10.636775, 10.995303, 11.489177, 11.570233 ] }, { "date": "2023-10-27", "close": 10.090333, "volume": 103519834, "typical_volume": 92186323.95, "trend": 11.525306, "fair_value": 9.859597, "relative_strength": 12.623472, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.565255, "energy": 70.602441, "activity_lines": [ 10.370463, 10.782036, 11.335598, 11.478994 ] }, { "date": "2023-11-03", "close": 9.628684, "volume": 111290304, "typical_volume": 94248186.45, "trend": 11.52208, "fair_value": 9.85764, "relative_strength": 5.861815, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.254589, "energy": 79.1459, "activity_lines": [ 10.036317, 10.523033, 11.144165, 11.356631 ] }, { "date": "2023-11-10", "close": 9.581576, "volume": 96285192, "typical_volume": 94506318.65, "trend": 11.518206, "fair_value": 9.855321, "relative_strength": 3.52663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.262589, "energy": 81.467325, "activity_lines": [ 9.799525, 10.301373, 10.958749, 11.231437 ] }, { "date": "2023-11-17", "close": 9.770004, "volume": 100368653, "typical_volume": 97334025.25, "trend": 11.416236, "fair_value": 9.85461, "relative_strength": 4.969484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.265815, "energy": 76.447275, "activity_lines": [ 9.746765, 10.132301, 10.800471, 11.11865 ] }, { "date": "2023-11-24", "close": 9.628684, "volume": 99649718, "typical_volume": 96534268.7, "trend": 11.350999, "fair_value": 9.852742, "relative_strength": 4.336757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.853467, "energy": 74.098329, "activity_lines": [ 9.687724, 9.970253, 10.636768, 11.003324 ] }, { "date": "2023-12-01", "close": 10.090333, "volume": 201334641, "typical_volume": 98740649.1, "trend": 11.280889, "fair_value": 9.85469, "relative_strength": 9.893594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.989135, "energy": 56.892165, "activity_lines": [ 9.80455, 9.929484, 10.529201, 10.921991 ] }, { "date": "2023-12-08", "close": 9.13877, "volume": 125896122, "typical_volume": 97811838.3, "trend": 11.189805, "fair_value": 9.848869, "relative_strength": 0.71632, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.35353, "energy": 57.277321, "activity_lines": [ 9.604188, 9.739171, 10.342647, 10.78379 ] }, { "date": "2023-12-15", "close": 8.931499, "volume": 66830335, "typical_volume": 95915351.7, "trend": 11.113301, "fair_value": 9.841471, "relative_strength": -0.277747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.100181, "energy": 65.437595, "activity_lines": [ 9.367396, 9.550914, 10.152918, 10.638092 ] }, { "date": "2023-12-22", "close": 8.592328, "volume": 58556063, "typical_volume": 94406852.55, "trend": 11.023342, "fair_value": 9.831478, "relative_strength": -2.818774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.149117, "energy": 78.209194, "activity_lines": [ 9.060886, 9.34587, 9.946903, 10.475449 ] }, { "date": "2023-12-29", "close": 8.837285, "volume": 53519338, "typical_volume": 87867630.75, "trend": 10.944926, "fair_value": 9.823588, "relative_strength": -3.701095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.099817, "energy": 80.290317, "activity_lines": [ 8.91454, 9.21791, 9.783913, 10.334413 ] }, { "date": "2024-01-05", "close": 8.639436, "volume": 62842918, "typical_volume": 87236066.7, "trend": 10.853774, "fair_value": 9.814264, "relative_strength": -2.180483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.210941, "energy": 78.843898, "activity_lines": [ 8.755005, 9.074362, 9.621371, 10.185672 ] }, { "date": "2024-01-12", "close": 8.752492, "volume": 65522892, "typical_volume": 87464471.15, "trend": 10.751042, "fair_value": 9.805969, "relative_strength": -0.184005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.972353, "energy": 72.865315, "activity_lines": [ 8.729881, 8.97775, 9.48651, 10.050105 ] }, { "date": "2024-01-19", "close": 8.385056, "volume": 36613701, "typical_volume": 82888473.45, "trend": 10.646807, "fair_value": 9.794954, "relative_strength": -2.674219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.33006, "energy": 68.872008, "activity_lines": [ 8.60803, 8.830262, 9.332851, 9.897461 ] }, { "date": "2024-01-26", "close": 8.630013, "volume": 107392521, "typical_volume": 83675171.85, "trend": 10.552578, "fair_value": 9.785993, "relative_strength": -0.217948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.221816, "energy": 56.986995, "activity_lines": [ 8.604261, 8.749066, 9.21302, 9.767345 ] }, { "date": "2024-02-02", "close": 7.772666, "volume": 130278195, "typical_volume": 86423228.45, "trend": 10.40552, "fair_value": 9.770624, "relative_strength": -2.868417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.433302, "energy": 63.516534, "activity_lines": [ 8.312198, 8.532716, 9.025534, 9.587996 ] }, { "date": "2024-02-09", "close": 8.573485, "volume": 105110793, "typical_volume": 89101532.0, "trend": 10.273489, "fair_value": 9.761555, "relative_strength": -2.736716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.058144, "energy": 50.444516, "activity_lines": [ 8.358049, 8.495716, 8.932935, 9.4698 ] }, { "date": "2024-02-23", "close": 8.780756, "volume": 121442291, "typical_volume": 93340698.4, "trend": 10.145605, "fair_value": 9.75418, "relative_strength": -3.674233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.750348, "energy": 42.597252, "activity_lines": [ 8.477387, 8.52398, 8.873445, 9.373495 ] }, { "date": "2024-03-01", "close": 8.988028, "volume": 148136991, "typical_volume": 98431783.95, "trend": 10.035375, "fair_value": 9.748463, "relative_strength": -5.730065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.519068, "energy": 31.395177, "activity_lines": [ 8.663931, 8.596439, 8.845809, 9.298813 ] }, { "date": "2024-03-08", "close": 9.044557, "volume": 114226369, "typical_volume": 99235493.35, "trend": 9.912582, "fair_value": 9.743248, "relative_strength": -4.842019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.201197, "energy": 19.938465, "activity_lines": [ 8.82912, 8.678149, 8.835042, 9.234889 ] }, { "date": "2024-03-15", "close": 9.327198, "volume": 131949765, "typical_volume": 102038331.8, "trend": 9.793872, "fair_value": 9.740189, "relative_strength": -4.566553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.733671, "energy": 19.295895, "activity_lines": [ 9.060887, 8.803025, 8.857563, 9.197122 ] }, { "date": "2024-03-22", "close": 9.176455, "volume": 108930820, "typical_volume": 102308881.1, "trend": 9.693377, "fair_value": 9.736074, "relative_strength": -5.834807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.725937, "energy": 15.417044, "activity_lines": [ 9.13877, 8.891586, 8.868734, 9.157289 ] }, { "date": "2024-03-29", "close": 8.922078, "volume": 69630520, "typical_volume": 100225891.9, "trend": 9.585659, "fair_value": 9.730176, "relative_strength": -7.006176, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.864233, "energy": 13.146765, "activity_lines": [ 9.091663, 8.924133, 8.860031, 9.107527 ] }, { "date": "2024-04-05", "close": 9.157613, "volume": 49077426, "typical_volume": 97865503.6, "trend": 9.537924, "fair_value": 9.726057, "relative_strength": -6.247772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.155248, "energy": 10.852505, "activity_lines": [ 9.113646, 8.996421, 8.877124, 9.079912 ] }, { "date": "2024-04-12", "close": 8.695963, "volume": 64175379, "typical_volume": 96055839.9, "trend": 9.44214, "fair_value": 9.718699, "relative_strength": -8.115317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.174321, "energy": 13.330029, "activity_lines": [ 8.970441, 8.970726, 8.852269, 9.025592 ] }, { "date": "2024-04-19", "close": 9.967854, "volume": 240024270, "typical_volume": 103074567.5, "trend": 9.384983, "fair_value": 9.720466, "relative_strength": 4.226789, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.822868, "energy": 10.46199, "activity_lines": [ 9.274438, 9.175085, 8.953662, 9.059509 ] }, { "date": "2024-04-26", "close": 9.694633, "volume": 142375906, "typical_volume": 100126630.75, "trend": 9.328769, "fair_value": 9.720284, "relative_strength": -0.48912, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.518221, "energy": 24.559316, "activity_lines": [ 9.444652, 9.289855, 9.027418, 9.079486 ] }, { "date": "2024-05-03", "close": 9.20472, "volume": 74705040, "typical_volume": 97567076.65, "trend": 9.258108, "fair_value": 9.716679, "relative_strength": -6.641914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.861307, "energy": 19.075978, "activity_lines": [ 9.417016, 9.295165, 9.0564, 9.071483 ] }, { "date": "2024-05-10", "close": 9.195298, "volume": 85562851, "typical_volume": 98503702.45, "trend": 9.184621, "fair_value": 9.713058, "relative_strength": -7.893974, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.693383, "energy": 26.50779, "activity_lines": [ 9.367396, 9.291054, 9.084171, 9.067431 ] }, { "date": "2024-05-17", "close": 9.214141, "volume": 121931508, "typical_volume": 101672474.7, "trend": 9.145679, "fair_value": 9.709617, "relative_strength": -7.301876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.958674, "energy": 12.31258, "activity_lines": [ 9.321545, 9.2866, 9.11248, 9.069335 ] }, { "date": "2024-05-24", "close": 8.922078, "volume": 74715570, "typical_volume": 102732286.3, "trend": 9.111134, "fair_value": 9.704223, "relative_strength": -7.399661, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.995971, "energy": 5.840588, "activity_lines": [ 9.143795, 9.225961, 9.110012, 9.054909 ] }, { "date": "2024-05-31", "close": 8.780756, "volume": 38064378, "typical_volume": 101493359.3, "trend": 9.067481, "fair_value": 9.697941, "relative_strength": -8.141742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.949291, "energy": 11.715793, "activity_lines": [ 8.988655, 9.146992, 9.093682, 9.033595 ] }, { "date": "2024-06-07", "close": 9.016292, "volume": 109861112, "typical_volume": 103710270.3, "trend": 9.047068, "fair_value": 9.693335, "relative_strength": -4.477238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.987858, "energy": 9.767224, "activity_lines": [ 8.972953, 9.118043, 9.09911, 9.030292 ] }, { "date": "2024-06-14", "close": 8.752492, "volume": 46672400, "typical_volume": 104213205.25, "trend": 9.019432, "fair_value": 9.687021, "relative_strength": -7.083152, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.395735, "energy": 18.678702, "activity_lines": [ 8.88188, 9.039417, 9.078159, 9.011287 ] }, { "date": "2024-06-21", "close": 8.667699, "volume": 49691207, "typical_volume": 101328139.55, "trend": 8.982689, "fair_value": 9.680225, "relative_strength": -5.831531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.827693, "energy": 22.08357, "activity_lines": [ 8.792062, 8.95274, 9.047382, 8.988595 ] }, { "date": "2024-06-28", "close": 8.102415, "volume": 47239647, "typical_volume": 97176212.15, "trend": 8.931813, "fair_value": 9.669776, "relative_strength": -9.647349, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -41.30407, "energy": 42.771809, "activity_lines": [ 8.550246, 8.763798, 8.96259, 8.931803 ] }, { "date": "2024-07-05", "close": 7.772666, "volume": 46229944, "typical_volume": 94232169.7, "trend": 8.854557, "fair_value": 9.657295, "relative_strength": -11.559362, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.069302, "energy": 56.796022, "activity_lines": [ 8.253158, 8.548818, 8.844822, 8.857019 ] }, { "date": "2024-07-12", "close": 8.1401, "volume": 69339077, "typical_volume": 91627009.0, "trend": 8.821268, "fair_value": 9.647379, "relative_strength": -8.714466, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.218438, "energy": 62.114171, "activity_lines": [ 8.145753, 8.43559, 8.765862, 8.810925 ] }, { "date": "2024-07-19", "close": 7.961093, "volume": 54535172, "typical_volume": 86946918.05, "trend": 8.788922, "fair_value": 9.636429, "relative_strength": -10.776963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.91379, "energy": 70.374475, "activity_lines": [ 8.037093, 8.309172, 8.672904, 8.75543 ] }, { "date": "2024-07-26", "close": 8.19663, "volume": 60601977, "typical_volume": 84265698.45, "trend": 8.775732, "fair_value": 9.62714, "relative_strength": -4.527408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.460726, "energy": 62.776152, "activity_lines": [ 8.059705, 8.248019, 8.607268, 8.717218 ] }, { "date": "2024-08-02", "close": 8.168365, "volume": 95852329, "typical_volume": 82460826.65, "trend": 8.753434, "fair_value": 9.617789, "relative_strength": -4.034388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.029505, "energy": 42.972714, "activity_lines": [ 8.104299, 8.200226, 8.542978, 8.678033 ] }, { "date": "2024-08-09", "close": 7.725558, "volume": 52511483, "typical_volume": 79639859.8, "trend": 8.722972, "fair_value": 9.58945, "relative_strength": -7.101997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.578694, "energy": 47.648584, "activity_lines": [ 7.996895, 8.085628, 8.442034, 8.611718 ] }, { "date": "2024-08-16", "close": 7.763244, "volume": 29486922, "typical_volume": 77632679.9, "trend": 8.689997, "fair_value": 9.568492, "relative_strength": -5.76167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.240549, "energy": 44.206858, "activity_lines": [ 7.905193, 7.997066, 8.351589, 8.5498 ] }, { "date": "2024-08-23", "close": 7.810351, "volume": 32713920, "typical_volume": 76814504.6, "trend": 8.67084, "fair_value": 9.552221, "relative_strength": -2.915696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.085738, "energy": 49.293062, "activity_lines": [ 7.854318, 7.939853, 8.271148, 8.493049 ] }, { "date": "2024-08-30", "close": 8.281421, "volume": 50144706, "typical_volume": 76112970.95, "trend": 8.65922, "fair_value": 9.54521, "relative_strength": 1.22283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.805986, "energy": 37.505575, "activity_lines": [ 7.970515, 7.985418, 8.241986, 8.467925 ] }, { "date": "2024-09-06", "close": 8.262579, "volume": 42653457, "typical_volume": 66244430.3, "trend": 8.675551, "fair_value": 9.534424, "relative_strength": 3.755999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.519534, "energy": 26.348227, "activity_lines": [ 8.074779, 8.034581, 8.213004, 8.442335 ] }, { "date": "2024-09-13", "close": 8.036465, "volume": 33868769, "typical_volume": 60819073.45, "trend": 8.65765, "fair_value": 9.516398, "relative_strength": 2.977823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.938637, "energy": 21.354909, "activity_lines": [ 8.09739, 8.03972, 8.170608, 8.401104 ] }, { "date": "2024-09-20", "close": 8.564064, "volume": 44150053, "typical_volume": 59291324.1, "trend": 8.650427, "fair_value": 9.503665, "relative_strength": 8.655474, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.200304, "energy": 17.952229, "activity_lines": [ 8.275141, 8.135989, 8.186355, 8.395066 ] }, { "date": "2024-09-27", "close": 9.393149, "volume": 77741491, "typical_volume": 58900256.1, "trend": 8.663931, "fair_value": 9.495123, "relative_strength": 1.410863, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.547957, "energy": 31.569592, "activity_lines": [ 8.675865, 8.375293, 8.284114, 8.442984 ] }, { "date": "2024-10-04", "close": 10.504875, "volume": 46145274, "typical_volume": 55110944.4, "trend": 8.712608, "fair_value": 9.492639, "relative_strength": 2.715332, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.259949, "energy": 68.357832, "activity_lines": [ 9.341645, 8.790692, 8.486808, 8.561754 ] }, { "date": "2024-10-11", "close": 9.666369, "volume": 164141039, "typical_volume": 59582217.85, "trend": 8.723914, "fair_value": 9.483038, "relative_strength": -0.749366, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.359192, "energy": 59.485218, "activity_lines": [ 9.579692, 9.011667, 8.603499, 8.623287 ] }, { "date": "2024-10-18", "close": 9.628684, "volume": 86261052, "typical_volume": 61992051.55, "trend": 8.738988, "fair_value": 9.478535, "relative_strength": -3.776405, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.246486, "energy": 64.535419, "activity_lines": [ 9.711592, 9.198553, 8.713057, 8.681659 ] }, { "date": "2024-10-25", "close": 9.722898, "volume": 103835828, "typical_volume": 61690787.35, "trend": 8.765682, "fair_value": 9.474355, "relative_strength": -4.997175, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.218205, "energy": 62.246779, "activity_lines": [ 9.768749, 9.367968, 8.82755, 8.745138 ] }, { "date": "2024-11-01", "close": 9.308356, "volume": 125245844, "typical_volume": 65619459.55, "trend": 8.770707, "fair_value": 9.470723, "relative_strength": -7.354714, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.696709, "energy": 42.849572, "activity_lines": [ 9.610469, 9.42638, 8.899197, 8.780149 ] }, { "date": "2024-11-08", "close": 10.104953, "volume": 140678257, "typical_volume": 70168812.05, "trend": 8.817673, "fair_value": 9.470341, "relative_strength": -5.653943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.575066, "energy": 44.638986, "activity_lines": [ 9.723375, 9.602393, 9.044064, 8.866229 ] }, { "date": "2024-11-15", "close": 9.805189, "volume": 129924735, "typical_volume": 74303066.45, "trend": 8.812251, "fair_value": 9.467083, "relative_strength": -4.845991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.844853, "energy": 38.525671, "activity_lines": [ 9.76302, 9.690747, 9.153538, 8.92994 ] }, { "date": "2024-11-22", "close": 9.437736, "volume": 90072860, "typical_volume": 76495212.25, "trend": 8.803688, "fair_value": 9.463605, "relative_strength": -5.547948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.697857, "energy": 29.030034, "activity_lines": [ 9.670927, 9.684245, 9.219908, 8.970294 ] }, { "date": "2024-11-29", "close": 9.534433, "volume": 62139613, "typical_volume": 76135239.05, "trend": 8.814678, "fair_value": 9.465413, "relative_strength": -5.98454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.004806, "energy": 28.762226, "activity_lines": [ 9.623796, 9.669846, 9.287559, 9.017439 ] }, { "date": "2024-12-06", "close": 9.553774, "volume": 68765951, "typical_volume": 76846778.0, "trend": 8.826628, "fair_value": 9.465827, "relative_strength": -7.076303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.966444, "energy": 23.016577, "activity_lines": [ 9.595676, 9.64132, 9.350411, 9.065122 ] }, { "date": "2024-12-13", "close": 9.544104, "volume": 80280676, "typical_volume": 77830712.95, "trend": 8.837626, "fair_value": 9.463822, "relative_strength": -6.368047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.350675, "energy": 18.850172, "activity_lines": [ 9.547972, 9.608116, 9.404759, 9.111411 ] }, { "date": "2024-12-20", "close": 9.089622, "volume": 60791609, "typical_volume": 76077676.95, "trend": 8.843211, "fair_value": 9.456649, "relative_strength": -10.092271, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.127639, "energy": 15.069084, "activity_lines": [ 9.386163, 9.509747, 9.409406, 9.127669 ] }, { "date": "2024-12-27", "close": 9.031604, "volume": 62761460, "typical_volume": 76590175.8, "trend": 8.851573, "fair_value": 9.449797, "relative_strength": -10.625077, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.749633, "energy": 13.76034, "activity_lines": [ 9.25272, 9.411316, 9.404141, 9.139823 ] }, { "date": "2025-01-03", "close": 8.557783, "volume": 51425264, "typical_volume": 77687092.9, "trend": 8.836289, "fair_value": 9.425688, "relative_strength": -8.669382, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.894506, "energy": 15.218413, "activity_lines": [ 8.988412, 9.237592, 9.34753, 9.120869 ] }, { "date": "2025-01-10", "close": 8.354717, "volume": 49556395, "typical_volume": 78529216.65, "trend": 8.82303, "fair_value": 9.395016, "relative_strength": -9.741799, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.503813, "energy": 50.83959, "activity_lines": [ 8.721525, 9.04813, 9.267796, 9.0898 ] }, { "date": "2025-01-17", "close": 8.780189, "volume": 42479115, "typical_volume": 78145937.1, "trend": 8.82678, "fair_value": 9.373719, "relative_strength": -8.353116, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.16393, "energy": 48.409744, "activity_lines": [ 8.676399, 8.953366, 9.225992, 9.087036 ] }, { "date": "2025-01-24", "close": 8.789859, "volume": 41043149, "typical_volume": 78065421.7, "trend": 8.849694, "fair_value": 9.357514, "relative_strength": -9.237931, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.117262, "energy": 47.696196, "activity_lines": [ 8.685425, 8.884447, 9.182733, 9.084654 ] }, { "date": "2025-01-31", "close": 8.925235, "volume": 13120261, "typical_volume": 77027996.3, "trend": 8.888113, "fair_value": 9.340558, "relative_strength": -6.397, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.407015, "energy": 34.889906, "activity_lines": [ 8.75956, 8.858602, 9.149856, 9.089527 ] }, { "date": "2025-02-07", "close": 8.905896, "volume": 46808895, "typical_volume": 77160938.4, "trend": 8.91364, "fair_value": 9.327235, "relative_strength": -10.082238, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.567218, "energy": 14.273432, "activity_lines": [ 8.834339, 8.838559, 9.110905, 9.090675 ] }, { "date": "2025-02-14", "close": 8.69316, "volume": 68472802, "typical_volume": 76697503.95, "trend": 8.938042, "fair_value": 9.312087, "relative_strength": -13.355918, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.924058, "energy": 16.051278, "activity_lines": [ 8.815, 8.791265, 9.050066, 9.07645 ] }, { "date": "2025-02-21", "close": 8.354717, "volume": 66029072, "typical_volume": 77691693.85, "trend": 8.943312, "fair_value": 9.299162, "relative_strength": -18.211266, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.105668, "energy": 31.980547, "activity_lines": [ 8.660283, 8.698083, 8.960327, 9.038816 ] }, { "date": "2025-02-28", "close": 8.374056, "volume": 83783984, "typical_volume": 73673841.1, "trend": 8.950168, "fair_value": 9.290813, "relative_strength": -14.796991, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.995351, "energy": 50.226497, "activity_lines": [ 8.540377, 8.630043, 8.88267, 9.00209 ] }, { "date": "2025-03-07", "close": 8.345047, "volume": 66713630, "typical_volume": 72696470.0, "trend": 8.970818, "fair_value": 9.281584, "relative_strength": -16.573435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.749551, "energy": 69.766841, "activity_lines": [ 8.438522, 8.569738, 8.808403, 8.96305 ] }, { "date": "2025-03-14", "close": 8.519104, "volume": 66278972, "typical_volume": 70818627.2, "trend": 8.996013, "fair_value": 9.272141, "relative_strength": -15.535179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.853775, "energy": 66.621635, "activity_lines": [ 8.433365, 8.553563, 8.756825, 8.933907 ] }, { "date": "2025-03-21", "close": 8.635141, "volume": 81963704, "typical_volume": 68654520.2, "trend": 9.023506, "fair_value": 9.264598, "relative_strength": -11.776057, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.993039, "energy": 51.315646, "activity_lines": [ 8.492673, 8.559189, 8.722032, 8.910625 ] }, { "date": "2025-03-28", "close": 8.780189, "volume": 84136477, "typical_volume": 65827431.2, "trend": 9.040132, "fair_value": 9.258679, "relative_strength": -9.384852, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.859433, "energy": 26.938705, "activity_lines": [ 8.604198, 8.586089, 8.704258, 8.894927 ] }, { "date": "2025-04-04", "close": 9.050942, "volume": 120092000, "typical_volume": 65335794.45, "trend": 9.06641, "fair_value": 9.258773, "relative_strength": -4.239492, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.40717, "energy": 17.681113, "activity_lines": [ 8.77761, 8.662217, 8.718578, 8.895625 ] }, { "date": "2025-04-11", "close": 8.596462, "volume": 128837792, "typical_volume": 67274041.05, "trend": 9.085077, "fair_value": 9.257746, "relative_strength": -3.996332, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.937934, "energy": 19.968311, "activity_lines": [ 8.754402, 8.650964, 8.693206, 8.865306 ] }, { "date": "2025-04-18", "close": 8.190331, "volume": 60229151, "typical_volume": 67178517.95, "trend": 9.072619, "fair_value": 9.253942, "relative_strength": -7.575898, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.22726, "energy": 24.389301, "activity_lines": [ 8.579057, 8.571848, 8.633161, 8.80758 ] }, { "date": "2025-04-25", "close": 8.325707, "volume": 58517902, "typical_volume": 66666115.5, "trend": 9.037038, "fair_value": 9.253549, "relative_strength": -6.966033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.298151, "energy": 32.54106, "activity_lines": [ 8.470755, 8.530356, 8.59241, 8.759392 ] }, { "date": "2025-05-02", "close": 7.851887, "volume": 48916123, "typical_volume": 65097887.85, "trend": 8.948605, "fair_value": 9.252547, "relative_strength": -11.793977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.630362, "energy": 63.61912, "activity_lines": [ 8.225141, 8.409395, 8.512381, 8.682931 ] }, { "date": "2025-05-09", "close": 8.025944, "volume": 33014528, "typical_volume": 63709033.8, "trend": 8.893924, "fair_value": 9.23948, "relative_strength": -11.571595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.749401, "energy": 67.832322, "activity_lines": [ 8.099434, 8.329224, 8.456987, 8.623404 ] }, { "date": "2025-05-16", "close": 8.16132, "volume": 54126089, "typical_volume": 63277265.25, "trend": 8.845012, "fair_value": 9.236936, "relative_strength": -10.262638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.355764, "energy": 62.956734, "activity_lines": [ 8.087185, 8.279996, 8.419551, 8.57614 ] }, { "date": "2025-05-23", "close": 8.093632, "volume": 34934662, "typical_volume": 62452735.15, "trend": 8.790703, "fair_value": 9.238408, "relative_strength": -10.306901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.820565, "energy": 57.903135, "activity_lines": [ 8.081384, 8.221801, 8.379812, 8.527663 ] }, { "date": "2025-05-30", "close": 8.093632, "volume": 59559373, "typical_volume": 62952884.05, "trend": 8.750212, "fair_value": 9.239476, "relative_strength": -9.229105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.148707, "energy": 38.962529, "activity_lines": [ 8.082028, 8.171342, 8.342284, 8.482691 ] }, { "date": "2025-06-06", "close": 8.083961, "volume": 29380552, "typical_volume": 62297955.9, "trend": 8.682846, "fair_value": 9.234933, "relative_strength": -10.260855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.911052, "energy": 34.698718, "activity_lines": [ 8.094921, 8.128971, 8.305078, 8.439707 ] }, { "date": "2025-06-13", "close": 8.03, "volume": 55166120, "typical_volume": 63004104.45, "trend": 8.623673, "fair_value": 9.222297, "relative_strength": -10.018824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.456822, "energy": 34.73543, "activity_lines": [ 8.074355, 8.089447, 8.266049, 8.397588 ] }, { "date": "2025-06-20", "close": 8.07, "volume": 39755083, "typical_volume": 64335845.55, "trend": 8.578082, "fair_value": 9.209513, "relative_strength": -8.21288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.811569, "energy": 31.844416, "activity_lines": [ 8.066852, 8.075758, 8.234447, 8.361867 ] }, { "date": "2025-06-27", "close": 8.1, "volume": 56904192, "typical_volume": 64840610.4, "trend": 8.530267, "fair_value": 9.194608, "relative_strength": -10.923762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.536046, "energy": 29.635747, "activity_lines": [ 8.075437, 8.077096, 8.209775, 8.331023 ] }, { "date": "2025-07-04", "close": 8.26, "volume": 59771841, "typical_volume": 64405562.35, "trend": 8.487141, "fair_value": 9.18784, "relative_strength": -10.076866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.46173, "energy": 21.666771, "activity_lines": [ 8.136931, 8.109167, 8.204179, 8.313587 ] }, { "date": "2025-07-11", "close": 8.38, "volume": 53668149, "typical_volume": 63787516.2, "trend": 8.448338, "fair_value": 9.18109, "relative_strength": -10.099551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.335135, "energy": 14.919762, "activity_lines": [ 8.227333, 8.164251, 8.212074, 8.306674 ] }, { "date": "2025-07-18", "close": 8.39, "volume": 48431918, "typical_volume": 62019912.9, "trend": 8.425017, "fair_value": 9.168391, "relative_strength": -11.543163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.910091, "energy": 15.864986, "activity_lines": [ 8.301333, 8.211551, 8.2208, 8.302911 ] }, { "date": "2025-07-25", "close": 8.95, "volume": 146512292, "typical_volume": 66009846.0, "trend": 8.422297, "fair_value": 9.162693, "relative_strength": -7.476374, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.667438, "energy": 41.919109, "activity_lines": [ 8.538, 8.354051, 8.282785, 8.33678 ] }, { "date": "2025-08-01", "close": 8.61, "volume": 58997804, "typical_volume": 65645787.6, "trend": 8.424038, "fair_value": 9.155972, "relative_strength": -9.213396, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.05016, "energy": 47.350422, "activity_lines": [ 8.602667, 8.420392, 8.309507, 8.34889 ] }, { "date": "2025-08-08", "close": 8.6, "volume": 67979873, "typical_volume": 64946596.05, "trend": 8.432214, "fair_value": 9.155719, "relative_strength": -10.14238, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.124465, "energy": 48.714508, "activity_lines": [ 8.63, 8.475527, 8.334845, 8.360243 ] }, { "date": "2025-08-15", "close": 8.85, "volume": 81080304, "typical_volume": 64793787.4, "trend": 8.434541, "fair_value": 9.156259, "relative_strength": -11.216124, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.123945, "energy": 58.736523, "activity_lines": [ 8.718, 8.566909, 8.384159, 8.387197 ] }, { "date": "2025-08-22", "close": 8.94, "volume": 77990670, "typical_volume": 62688720.9, "trend": 8.439545, "fair_value": 9.157364, "relative_strength": -13.80541, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.877651, "energy": 57.114812, "activity_lines": [ 8.804667, 8.660727, 8.441712, 8.419807 ] }, { "date": "2025-08-29", "close": 9.1, "volume": 103573490, "typical_volume": 61425505.8, "trend": 8.445371, "fair_value": 9.160794, "relative_strength": -15.400787, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.74505, "energy": 71.488705, "activity_lines": [ 8.908, 8.767091, 8.515032, 8.462417 ] }, { "date": "2025-09-05", "close": 9.2, "volume": 95477400, "typical_volume": 63187918.25, "trend": 8.455174, "fair_value": 9.16386, "relative_strength": -13.191275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.565631, "energy": 75.981099, "activity_lines": [ 9.034667, 8.872909, 8.595477, 8.511103 ] }, { "date": "2025-09-12", "close": 9.34, "volume": 105144335, "typical_volume": 65519239.9, "trend": 8.476736, "fair_value": 9.169419, "relative_strength": -13.584295, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.617066, "energy": 77.188465, "activity_lines": [ 9.168667, 8.984182, 8.684449, 8.568188 ] }, { "date": "2025-09-19", "close": 9.01, "volume": 75560108, "typical_volume": 66851439.15, "trend": 8.498579, "fair_value": 9.174574, "relative_strength": -16.863634, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.015884, "energy": 55.954491, "activity_lines": [ 9.143333, 9.015818, 8.737161, 8.602592 ] }, { "date": "2025-09-26", "close": 9.0, "volume": 61183047, "typical_volume": 68259865.1, "trend": 8.519443, "fair_value": 9.181908, "relative_strength": -17.237274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.250698, "energy": 44.514368, "activity_lines": [ 9.104, 9.034182, 8.783406, 8.634942 ] }, { "date": "2025-10-03", "close": 9.61, "volume": 54219032, "typical_volume": 68264512.25, "trend": 8.561608, "fair_value": 9.191971, "relative_strength": -13.119352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.652056, "energy": 51.197144, "activity_lines": [ 9.264, 9.152364, 8.883108, 8.705301 ] }, { "date": "2025-10-10", "close": 9.53, "volume": 30984084, "typical_volume": 68066983.35, "trend": 8.595305, "fair_value": 9.204828, "relative_strength": -12.228564, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.653002, "energy": 48.121342, "activity_lines": [ 9.363333, 9.244, 8.968293, 8.767777 ] }, { "date": "2025-10-17", "close": 9.65, "volume": 78710314, "typical_volume": 69024530.4, "trend": 8.629134, "fair_value": 9.218986, "relative_strength": -6.079457, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.965702, "energy": 50.131791, "activity_lines": [ 9.480667, 9.340727, 9.058066, 8.835822 ] }, { "date": "2025-10-24", "close": 9.54, "volume": 53334798, "typical_volume": 70222242.7, "trend": 8.654461, "fair_value": 9.235331, "relative_strength": -10.925705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.561448, "energy": 62.183634, "activity_lines": [ 9.540667, 9.398364, 9.129952, 8.894588 ] }, { "date": "2025-10-31", "close": 9.61, "volume": 86628005, "typical_volume": 71795336.95, "trend": 8.673096, "fair_value": 9.250708, "relative_strength": -10.502036, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.166736, "energy": 50.472478, "activity_lines": [ 9.588667, 9.456182, 9.201571, 8.956236 ] }, { "date": "2025-11-07", "close": 9.84, "volume": 84817200, "typical_volume": 74048442.8, "trend": 8.714547, "fair_value": 9.267559, "relative_strength": -8.160011, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.183917, "energy": 49.024946, "activity_lines": [ 9.672667, 9.543636, 9.287571, 9.03152 ] }, { "date": "2025-11-14", "close": 10.24, "volume": 70355079, "typical_volume": 74720987.15, "trend": 8.782869, "fair_value": 9.284672, "relative_strength": -2.745476, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.745312, "energy": 55.243519, "activity_lines": [ 9.874667, 9.690364, 9.403238, 9.129936 ] }, { "date": "2025-11-21", "close": 9.57, "volume": 80914128, "typical_volume": 75778101.5, "trend": 8.824346, "fair_value": 9.294952, "relative_strength": -3.867329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.676369, "energy": 42.01948, "activity_lines": [ 9.806, 9.696364, 9.444905, 9.180719 ] }, { "date": "2025-11-28", "close": 10.06, "volume": 55097337, "typical_volume": 75849560.9, "trend": 8.89795, "fair_value": 9.309081, "relative_strength": -2.123244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.869999, "energy": 44.948095, "activity_lines": [ 9.906, 9.787273, 9.527, 9.260438 ] }, { "date": "2025-12-05", "close": 10.16, "volume": 46273358, "typical_volume": 75741632.9, "trend": 8.969085, "fair_value": 9.324736, "relative_strength": -2.112656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.492444, "energy": 45.930958, "activity_lines": [ 10.004667, 9.877273, 9.610619, 9.341861 ] }, { "date": "2025-12-12", "close": 10.44, "volume": 66108436, "typical_volume": 71721440.1, "trend": 9.045041, "fair_value": 9.343545, "relative_strength": -0.002419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.750357, "energy": 47.224522, "activity_lines": [ 10.16, 9.997091, 9.712476, 9.436759 ] }, { "date": "2025-12-19", "close": 10.21, "volume": 68651295, "typical_volume": 72204114.65, "trend": 9.115586, "fair_value": 9.357573, "relative_strength": -1.141032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.803249, "energy": 48.917343, "activity_lines": [ 10.198667, 10.06, 9.785333, 9.511917 ] }, { "date": "2025-12-26", "close": 10.03, "volume": 59718046, "typical_volume": 71791023.3, "trend": 9.180132, "fair_value": 9.370506, "relative_strength": -5.940984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.283567, "energy": 41.288416, "activity_lines": [ 10.179333, 10.077818, 9.833429, 9.570912 ] }, { "date": "2026-01-02", "close": 9.15, "volume": 81458175, "typical_volume": 71809916.85, "trend": 9.215667, "fair_value": 9.379569, "relative_strength": -13.292807, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.56545, "energy": 16.558897, "activity_lines": [ 9.836, 9.928727, 9.790905, 9.568968 ] }, { "date": "2026-01-09", "close": 9.38, "volume": 86324442, "typical_volume": 72226605.45, "trend": 9.260667, "fair_value": 9.392999, "relative_strength": -14.462075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.761983, "energy": 16.07625, "activity_lines": [ 9.63, 9.828545, 9.768857, 9.57957 ] }, { "date": "2026-01-16", "close": 9.36, "volume": 86648945, "typical_volume": 71380378.2, "trend": 9.303667, "fair_value": 9.405947, "relative_strength": -15.167973, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.820128, "energy": 17.355126, "activity_lines": [ 9.469333, 9.728909, 9.74281, 9.585978 ] }, { "date": "2026-01-23", "close": 9.67, "volume": 70074565, "typical_volume": 70110236.45, "trend": 9.356, "fair_value": 9.420292, "relative_strength": -12.921396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.71254, "energy": 18.708133, "activity_lines": [ 9.484, 9.694364, 9.745048, 9.609613 ] }, { "date": "2026-01-30", "close": 9.72, "volume": 111225699, "typical_volume": 70414304.65, "trend": 9.404667, "fair_value": 9.43478, "relative_strength": -10.595763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.728268, "energy": 12.222279, "activity_lines": [ 9.551333, 9.679273, 9.74981, 9.633097 ] }, { "date": "2026-02-06", "close": 9.93, "volume": 85120571, "typical_volume": 70892327.8, "trend": 9.456333, "fair_value": 9.449493, "relative_strength": -6.398231, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.333998, "energy": 12.681, "activity_lines": [ 9.709333, 9.699636, 9.772762, 9.666989 ] }, { "date": "2026-02-13", "close": 10.18, "volume": 67110839, "typical_volume": 71188717.4, "trend": 9.516, "fair_value": 9.463682, "relative_strength": -5.150898, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.548684, "energy": 26.925558, "activity_lines": [ 9.898667, 9.767818, 9.815143, 9.713677 ] }, { "date": "2026-02-27", "close": 10.03, "volume": 50828423, "typical_volume": 71019186.95, "trend": 9.552, "fair_value": 9.476675, "relative_strength": -8.937635, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.138976, "energy": 28.745827, "activity_lines": [ 9.984667, 9.808364, 9.837619, 9.746839 ] }, { "date": "2026-03-06", "close": 9.38, "volume": 103836958, "typical_volume": 74661830.65, "trend": 9.577667, "fair_value": 9.486563, "relative_strength": -12.619798, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.185487, "energy": 13.668262, "activity_lines": [ 9.809333, 9.738182, 9.79619, 9.735742 ] }, { "date": "2026-03-13", "close": 9.31, "volume": 67853260, "typical_volume": 74118977.95, "trend": 9.601333, "fair_value": 9.488741, "relative_strength": -13.670824, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.143604, "energy": 5.235934, "activity_lines": [ 9.63, 9.670364, 9.74881, 9.718473 ] }, { "date": "2026-03-20", "close": 8.42, "volume": 84098351, "typical_volume": 75657155.6, "trend": 9.587, "fair_value": 9.477834, "relative_strength": -19.242112, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -46.546859, "energy": 51.318073, "activity_lines": [ 9.181333, 9.453818, 9.618286, 9.642258 ] }, { "date": "2026-03-27", "close": 8.93, "volume": 92450521, "typical_volume": 75948281.4, "trend": 9.586667, "fair_value": 9.472499, "relative_strength": -13.339474, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.94248, "energy": 52.241191, "activity_lines": [ 9.003333, 9.343273, 9.541667, 9.599871 ] }, { "date": "2026-04-03", "close": 9.14, "volume": 74822559, "typical_volume": 75448549.35, "trend": 9.588, "fair_value": 9.469277, "relative_strength": -8.257376, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.232447, "energy": 63.342059, "activity_lines": [ 8.978667, 9.279091, 9.488286, 9.571054 ] }, { "date": "2026-04-10", "close": 9.15, "volume": 58376954, "typical_volume": 74849643.1, "trend": 9.586333, "fair_value": 9.467242, "relative_strength": -13.777162, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.072463, "energy": 61.407141, "activity_lines": [ 9.016667, 9.220727, 9.43919, 9.542796 ] }, { "date": "2026-04-17", "close": 9.01, "volume": 57502460, "typical_volume": 73679059.7, "trend": 9.575333, "fair_value": 9.462656, "relative_strength": -17.808571, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.278411, "energy": 36.834532, "activity_lines": [ 9.023333, 9.146364, 9.381952, 9.505613 ] }, { "date": "2026-04-24", "close": 9.16, "volume": 46891133, "typical_volume": 73268749.5, "trend": 9.580333, "fair_value": 9.459208, "relative_strength": -16.256873, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.330145, "energy": 28.289897, "activity_lines": [ 9.1, 9.112182, 9.341667, 9.478817 ] }, { "date": "2026-05-01", "close": 8.93, "volume": 61621738, "typical_volume": 74036168.5, "trend": 9.578, "fair_value": 9.434214, "relative_strength": -18.733078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.890433, "energy": 27.011429, "activity_lines": [ 9.050667, 9.050182, 9.283762, 9.43686 ] }, { "date": "2026-05-08", "close": 8.8, "volume": 28667202, "typical_volume": 72164106.8, "trend": 9.551, "fair_value": 9.416356, "relative_strength": -21.792911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.242624, "energy": 34.368202, "activity_lines": [ 8.958, 8.987273, 9.219333, 9.386667 ] }, { "date": "2026-05-15", "close": 8.34, "volume": 58821679, "typical_volume": 71672626.0, "trend": 9.511333, "fair_value": 9.391653, "relative_strength": -25.359983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.75792, "energy": 53.379067, "activity_lines": [ 8.734667, 8.863091, 9.118905, 9.308538 ] }, { "date": "2026-05-22", "close": 7.98, "volume": 66509385, "typical_volume": 72012192.95, "trend": 9.455667, "fair_value": 9.366709, "relative_strength": -28.188414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.436146, "energy": 74.760009, "activity_lines": [ 8.445333, 8.692364, 8.993095, 9.209742 ] }, { "date": "2026-05-29", "close": 8.12, "volume": 60286126, "typical_volume": 70953590.5, "trend": 9.408333, "fair_value": 9.346795, "relative_strength": -26.272421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.265855, "energy": 75.972034, "activity_lines": [ 8.271333, 8.571273, 8.890381, 9.12357 ] }, { "date": "2026-06-05", "close": 7.511283, "volume": 13101800, "typical_volume": 67292458.4, "trend": 9.338376, "fair_value": 9.322565, "relative_strength": -30.039132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.286677, "energy": 88.554012, "activity_lines": [ 7.963761, 8.344961, 8.734598, 9.00118 ] }, { "date": "2026-06-12", "close": 7.387366, "volume": 23980479, "typical_volume": 64159035.1, "trend": 9.256622, "fair_value": 9.298191, "relative_strength": -28.993388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.094985, "energy": 90.8024, "activity_lines": [ 7.709464, 8.121913, 8.575913, 8.875308 ] }, { "date": "2026-06-19", "close": 6.929826, "volume": 79149123, "typical_volume": 64612763.0, "trend": 9.146283, "fair_value": 9.269703, "relative_strength": -37.198775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.683222, "energy": 94.047664, "activity_lines": [ 7.39683, 7.847542, 8.383046, 8.725192 ] }, { "date": "2026-06-26", "close": 6.481818, "volume": 17488853, "typical_volume": 59925920.7, "trend": 9.043343, "fair_value": 9.235391, "relative_strength": -39.666677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.516738, "energy": 96.480626, "activity_lines": [ 7.028871, 7.532082, 8.160559, 8.553291 ] }, { "date": "2026-07-03", "close": 7.13, "volume": 16233689, "typical_volume": 56481576.6, "trend": 8.945676, "fair_value": 9.2073, "relative_strength": -32.228368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.105575, "energy": 87.453943, "activity_lines": [ 6.976851, 7.380441, 8.015225, 8.42985 ] }, { "date": "2026-07-10", "close": 6.97, "volume": 74166479, "typical_volume": 56834358.6, "trend": 8.839343, "fair_value": 9.178539, "relative_strength": -30.68594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.513616, "energy": 83.295577, "activity_lines": [ 6.937498, 7.236617, 7.867985, 8.302387 ] }, { "date": "2026-07-17", "close": 7.09, "volume": 79099041, "typical_volume": 58247889.5, "trend": 8.727676, "fair_value": 9.145882, "relative_strength": -22.003309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.210523, "energy": 64.34479, "activity_lines": [ 6.974231, 7.150248, 7.74746, 8.189526 ] }, { "date": "2026-07-24", "close": 7.32, "volume": 90732657, "typical_volume": 57592674.45, "trend": 8.631343, "fair_value": 9.112456, "relative_strength": -19.314145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.543654, "energy": 53.221103, "activity_lines": [ 7.107455, 7.136788, 7.662839, 8.098708 ] }, { "date": "2026-07-31", "close": 8.36, "volume": 148256627, "typical_volume": 61612842.8, "trend": 8.575676, "fair_value": 9.085166, "relative_strength": -6.012486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.17961, "energy": 23.273961, "activity_lines": [ 7.561333, 7.330965, 7.687076, 8.081202 ] }, { "date": "2026-08-07", "close": 7.96, "volume": 103738514, "typical_volume": 62594850.95, "trend": 8.53601, "fair_value": 9.057378, "relative_strength": -14.51738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.372022, "energy": 26.269139, "activity_lines": [ 7.756667, 7.445505, 7.677741, 8.041481 ] } ], "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." } } }