{ "ticker": { "uuid": "c9b2bb49-c4f7-42b4-92bb-1c48a65a8ab4", "symbol": "600061", "name": "SDIC Capital Co.,Ltd", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -27.403, "architecture_energy": 17.164, "architecture_maturity": 83.569, "architecture_confidence": 63.05, "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": 52.33, "rotation_up": 22.78, "upward_expansion": 19.12, "deceleration": 52.42, "rotation_down": 31.69, "downward_expansion": 54.79 }, "activity_lines": [ 6.436, 6.427032, 6.419087, 6.566113 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 6.4, "trend_reference": 6.827981, "distance_from_trend": -0.06268, "trend_direction": "Weakening", "fair_value": 6.899924, "distance_from_fair_value": -0.072454, "fair_value_direction": "Weakening", "relative_strength": -11.006624, "relative_strength_direction": "Improving", "price_momentum": -0.16775, "excess_performance": -0.124546, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.06268, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.055067, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.072454, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.010316, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.110066, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.091273, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.16775, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.62568, "read": "Supply-led" } ], "volume": { "latest": 154853473, "relative_activity": 0.97393, "balance": 0.62568, "dry_up": 1.27935, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.047824, "annualized_volatility": 0.160805, "from_high_reference": -0.269406, "from_low_reference": 0.065873 }, "levels": { "trend_reference": 6.827981, "fair_value_reference": 6.899924, "structural_low": 6.004466, "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": 29, "median_return": -0.012048, "positive_rate": 0.413793, "directional_follow_through": 0.586207, "median_excess_return": -0.007222, "regime_survival": 0.862069, "best_return": 0.310105, "worst_return": -0.123404, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.041522, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.019512, "regime_survival": 0.6, "best_return": 0.450435, "worst_return": -0.172455, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.079897, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.00554, "regime_survival": 0.5, "best_return": 0.320726, "worst_return": -0.175416, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.097005, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.015565, "regime_survival": 0.5, "best_return": 0.254495, "worst_return": -0.136729, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-10-27", "tenure": "New", "return": 0.011958, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2024-09-20", "tenure": "Extended", "return": -0.103503, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.09973, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-01-03", "tenure": "Established", "return": -0.066489, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": 0.044118, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.052705, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.04246, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.037088, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.041173, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": -0.031969, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": -0.056701, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": 0.02, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-03-06", "tenure": "Developing", "return": -0.067862, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.123288, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.608898, "volume": 198558774, "typical_volume": 146130700.2, "trend": 6.751707, "fair_value": 7.290632, "relative_strength": 15.592408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.409239, "energy": 53.286502, "activity_lines": [ 7.20579, 7.087654, 7.024716, 6.921052 ] }, { "date": "2023-08-04", "close": 7.97536, "volume": 348233692, "typical_volume": 156015173.65, "trend": 6.81474, "fair_value": 7.285383, "relative_strength": 19.989519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.305825, "energy": 76.497707, "activity_lines": [ 7.49896, 7.259628, 7.124212, 6.999998 ] }, { "date": "2023-08-11", "close": 7.647472, "volume": 236272685, "typical_volume": 162096987.0, "trend": 6.871923, "fair_value": 7.279076, "relative_strength": 17.938045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.338329, "energy": 77.871759, "activity_lines": [ 7.608898, 7.352666, 7.185244, 7.053722 ] }, { "date": "2023-08-18", "close": 7.522105, "volume": 153065903, "typical_volume": 163956877.7, "trend": 6.916991, "fair_value": 7.270072, "relative_strength": 17.429014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.130768, "energy": 77.383517, "activity_lines": [ 7.6269, 7.410763, 7.229296, 7.09567 ] }, { "date": "2023-08-25", "close": 7.300299, "volume": 121822922, "typical_volume": 162962133.75, "trend": 6.94197, "fair_value": 7.25841, "relative_strength": 15.886519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.160245, "energy": 65.448438, "activity_lines": [ 7.539463, 7.41953, 7.247871, 7.120399 ] }, { "date": "2023-09-01", "close": 7.020631, "volume": 244324688, "typical_volume": 167339257.9, "trend": 6.958897, "fair_value": 7.246577, "relative_strength": 8.613106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.370557, "energy": 20.284985, "activity_lines": [ 7.342731, 7.373767, 7.237693, 7.125474 ] }, { "date": "2023-09-08", "close": 6.91455, "volume": 115526845, "typical_volume": 164870638.7, "trend": 6.97324, "fair_value": 7.23364, "relative_strength": 7.209893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.444306, "energy": 16.198911, "activity_lines": [ 7.149857, 7.304682, 7.216173, 7.122613 ] }, { "date": "2023-09-15", "close": 6.779538, "volume": 93693265, "typical_volume": 162557470.5, "trend": 6.987525, "fair_value": 7.218562, "relative_strength": 4.855874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -14.479015, "energy": 24.615871, "activity_lines": [ 6.982699, 7.210174, 7.180244, 7.110116 ] }, { "date": "2023-09-22", "close": 6.827756, "volume": 88995537, "typical_volume": 160499397.5, "trend": 6.992945, "fair_value": 7.204103, "relative_strength": 4.845969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.524737, "energy": 30.808128, "activity_lines": [ 6.889476, 7.126537, 7.149588, 7.099808 ] }, { "date": "2023-09-29", "close": 6.644526, "volume": 74311315, "typical_volume": 138870269.9, "trend": 6.987178, "fair_value": 7.190053, "relative_strength": 2.500169, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.933792, "energy": 46.401685, "activity_lines": [ 6.781467, 7.013617, 7.103246, 7.07733 ] }, { "date": "2023-10-13", "close": 6.451651, "volume": 106441784, "typical_volume": 134835735.15, "trend": 6.989899, "fair_value": 7.1738, "relative_strength": 0.081845, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.56445, "energy": 61.868264, "activity_lines": [ 6.652884, 6.87317, 7.041353, 7.04278 ] }, { "date": "2023-10-20", "close": 6.442007, "volume": 102276401, "typical_volume": 133634914.1, "trend": 6.989443, "fair_value": 7.155554, "relative_strength": 3.217762, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.100072, "energy": 62.853306, "activity_lines": [ 6.559018, 6.752009, 6.981645, 7.007432 ] }, { "date": "2023-10-27", "close": 6.528801, "volume": 110831262, "typical_volume": 132206038.95, "trend": 6.987436, "fair_value": 7.138289, "relative_strength": 3.207777, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.211477, "energy": 67.377574, "activity_lines": [ 6.525586, 6.674509, 6.932444, 6.977713 ] }, { "date": "2023-11-03", "close": 6.538445, "volume": 132000233, "typical_volume": 131806412.75, "trend": 6.985116, "fair_value": 7.120159, "relative_strength": 2.714063, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.138124, "energy": 65.566556, "activity_lines": [ 6.512085, 6.619101, 6.886308, 6.948746 ] }, { "date": "2023-11-10", "close": 6.818113, "volume": 165128344, "typical_volume": 133938923.3, "trend": 6.983866, "fair_value": 7.104942, "relative_strength": 6.573849, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.377114, "energy": 41.517763, "activity_lines": [ 6.611094, 6.632427, 6.869133, 6.937971 ] }, { "date": "2023-11-17", "close": 6.856688, "volume": 130552243, "typical_volume": 137468312.05, "trend": 6.987076, "fair_value": 7.092252, "relative_strength": 6.308249, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.144619, "energy": 25.54089, "activity_lines": [ 6.711389, 6.661534, 6.856963, 6.929766 ] }, { "date": "2023-11-24", "close": 6.740963, "volume": 92098459, "typical_volume": 137836537.75, "trend": 6.992141, "fair_value": 7.081486, "relative_strength": 4.701756, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.259687, "energy": 21.293805, "activity_lines": [ 6.746106, 6.67258, 6.833497, 6.913888 ] }, { "date": "2023-12-01", "close": 6.76025, "volume": 84013513, "typical_volume": 137939784.35, "trend": 6.98674, "fair_value": 7.069956, "relative_strength": 5.033291, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.75281, "energy": 22.968982, "activity_lines": [ 6.767322, 6.69029, 6.812464, 6.898927 ] }, { "date": "2023-12-08", "close": 6.625238, "volume": 85761187, "typical_volume": 138324330.0, "trend": 6.967635, "fair_value": 7.057018, "relative_strength": 4.843227, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.998968, "energy": 23.285104, "activity_lines": [ 6.728105, 6.683802, 6.779216, 6.875605 ] }, { "date": "2023-12-15", "close": 6.644526, "volume": 95441038, "typical_volume": 138967504.5, "trend": 6.947903, "fair_value": 7.043393, "relative_strength": 5.837827, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.399017, "energy": 28.980668, "activity_lines": [ 6.68953, 6.684503, 6.749826, 6.854759 ] }, { "date": "2023-12-22", "close": 6.451651, "volume": 88654890, "typical_volume": 133472310.3, "trend": 6.926186, "fair_value": 7.0283, "relative_strength": 3.569118, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.701187, "energy": 53.102, "activity_lines": [ 6.598236, 6.650137, 6.704041, 6.822743 ] }, { "date": "2023-12-29", "close": 6.49987, "volume": 83564112, "typical_volume": 120238831.3, "trend": 6.912423, "fair_value": 7.011159, "relative_strength": 2.100826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.244237, "energy": 58.925678, "activity_lines": [ 6.550017, 6.624537, 6.668359, 6.795238 ] }, { "date": "2024-01-05", "close": 6.316639, "volume": 86500723, "typical_volume": 112750233.2, "trend": 6.890332, "fair_value": 6.99775, "relative_strength": 0.626015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.206072, "energy": 69.444812, "activity_lines": [ 6.456795, 6.56457, 6.622253, 6.756801 ] }, { "date": "2024-01-12", "close": 6.249133, "volume": 87727097, "typical_volume": 109483292.9, "trend": 6.864403, "fair_value": 6.983871, "relative_strength": 1.00092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.295249, "energy": 78.431247, "activity_lines": [ 6.370644, 6.496188, 6.576055, 6.715433 ] }, { "date": "2024-01-19", "close": 6.123764, "volume": 104378754, "typical_volume": 108611084.5, "trend": 6.831935, "fair_value": 6.971389, "relative_strength": 0.456248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.307245, "energy": 80.025569, "activity_lines": [ 6.267777, 6.410271, 6.523979, 6.66765 ] }, { "date": "2024-01-26", "close": 6.731319, "volume": 294066605, "typical_volume": 111098180.35, "trend": 6.829685, "fair_value": 6.961103, "relative_strength": 7.099787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.61424, "energy": 37.477193, "activity_lines": [ 6.402147, 6.447443, 6.535368, 6.661158 ] }, { "date": "2024-02-02", "close": 6.123764, "volume": 299014386, "typical_volume": 120272557.4, "trend": 6.804933, "fair_value": 6.946805, "relative_strength": 3.641265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.915486, "energy": 41.658212, "activity_lines": [ 6.315353, 6.37643, 6.490272, 6.615615 ] }, { "date": "2024-02-09", "close": 6.461295, "volume": 236723455, "typical_volume": 127424066.9, "trend": 6.790467, "fair_value": 6.935097, "relative_strength": 3.934922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.618247, "energy": 28.362232, "activity_lines": [ 6.366143, 6.378008, 6.481087, 6.593445 ] }, { "date": "2024-02-23", "close": 6.605951, "volume": 218837763, "typical_volume": 133916178.2, "trend": 6.77568, "fair_value": 6.924895, "relative_strength": 1.159004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.557347, "energy": 15.421924, "activity_lines": [ 6.455509, 6.411323, 6.487195, 6.581541 ] }, { "date": "2024-03-01", "close": 6.673457, "volume": 212425156, "typical_volume": 140821870.25, "trend": 6.762822, "fair_value": 6.918101, "relative_strength": 1.235045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.495682, "energy": 10.46675, "activity_lines": [ 6.543588, 6.457262, 6.500788, 6.574946 ] }, { "date": "2024-03-08", "close": 6.461295, "volume": 130073530, "typical_volume": 142003457.55, "trend": 6.724569, "fair_value": 6.912884, "relative_strength": -2.664544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.102581, "energy": 14.771086, "activity_lines": [ 6.524301, 6.4641, 6.494038, 6.555492 ] }, { "date": "2024-03-15", "close": 6.480582, "volume": 116518702, "typical_volume": 142715572.6, "trend": 6.674743, "fair_value": 6.906592, "relative_strength": -2.712289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.74417, "energy": 14.048768, "activity_lines": [ 6.529444, 6.47427, 6.489078, 6.539751 ] }, { "date": "2024-03-22", "close": 6.374501, "volume": 124454434, "typical_volume": 143396731.2, "trend": 6.63231, "fair_value": 6.897844, "relative_strength": -4.198275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.14038, "energy": 12.719771, "activity_lines": [ 6.475439, 6.465503, 6.473832, 6.520381 ] }, { "date": "2024-03-29", "close": 6.249133, "volume": 87646850, "typical_volume": 141179062.05, "trend": 6.589878, "fair_value": 6.890609, "relative_strength": -5.927379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.128238, "energy": 25.303797, "activity_lines": [ 6.385431, 6.43289, 6.44738, 6.49566 ] }, { "date": "2024-04-05", "close": 6.152696, "volume": 72755416, "typical_volume": 136560415.65, "trend": 6.551624, "fair_value": 6.8821, "relative_strength": -8.217382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.002385, "energy": 40.608508, "activity_lines": [ 6.287065, 6.382742, 6.413122, 6.467454 ] }, { "date": "2024-04-12", "close": 5.766947, "volume": 103900737, "typical_volume": 135227840.35, "trend": 6.509835, "fair_value": 6.871891, "relative_strength": -12.468194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.412674, "energy": 63.51739, "activity_lines": [ 6.094833, 6.261933, 6.345295, 6.41683 ] }, { "date": "2024-04-19", "close": 6.036972, "volume": 240740342, "typical_volume": 142659934.5, "trend": 6.480582, "fair_value": 6.864069, "relative_strength": -9.666193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.774902, "energy": 59.412326, "activity_lines": [ 6.0389, 6.207753, 6.308373, 6.386323 ] }, { "date": "2024-04-26", "close": 6.26842, "volume": 146331143, "typical_volume": 145775816.0, "trend": 6.463545, "fair_value": 6.855915, "relative_strength": -6.916345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.648061, "energy": 50.790717, "activity_lines": [ 6.08969, 6.197232, 6.296846, 6.372635 ] }, { "date": "2024-05-03", "close": 6.171983, "volume": 108958103, "typical_volume": 146935661.8, "trend": 6.441686, "fair_value": 6.846371, "relative_strength": -8.819817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.610493, "energy": 45.514218, "activity_lines": [ 6.115407, 6.172685, 6.278477, 6.353824 ] }, { "date": "2024-05-10", "close": 6.210558, "volume": 117638990, "typical_volume": 148045559.4, "trend": 6.42722, "fair_value": 6.836648, "relative_strength": -9.605048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.416122, "energy": 26.780572, "activity_lines": [ 6.159125, 6.163041, 6.265941, 6.338913 ] }, { "date": "2024-05-17", "close": 6.162339, "volume": 114161882, "typical_volume": 149320909.0, "trend": 6.417577, "fair_value": 6.826346, "relative_strength": -10.129411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.244859, "energy": 19.417796, "activity_lines": [ 6.182913, 6.153046, 6.250878, 6.321824 ] }, { "date": "2024-05-24", "close": 5.979108, "volume": 93451632, "typical_volume": 149815285.0, "trend": 6.402147, "fair_value": 6.81456, "relative_strength": -10.744639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.935391, "energy": 32.932815, "activity_lines": [ 6.119264, 6.115173, 6.219742, 6.293536 ] }, { "date": "2024-05-31", "close": 5.93089, "volume": 64485289, "typical_volume": 148714513.3, "trend": 6.382216, "fair_value": 6.802543, "relative_strength": -11.214952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.037175, "energy": 50.410249, "activity_lines": [ 6.0434, 6.07765, 6.186495, 6.263132 ] }, { "date": "2024-06-07", "close": 5.757303, "volume": 93181422, "typical_volume": 148987229.55, "trend": 6.356178, "fair_value": 6.79061, "relative_strength": -12.604055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.513142, "energy": 70.102056, "activity_lines": [ 5.932176, 6.016631, 6.138552, 6.222815 ] }, { "date": "2024-06-14", "close": 5.757303, "volume": 89875175, "typical_volume": 148262050.6, "trend": 6.320818, "fair_value": 6.774969, "relative_strength": -11.860771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.472746, "energy": 73.336943, "activity_lines": [ 5.848597, 5.964555, 6.09295, 6.184178 ] }, { "date": "2024-06-21", "close": 5.622291, "volume": 84905383, "typical_volume": 137803989.5, "trend": 6.279671, "fair_value": 6.760432, "relative_strength": -12.70408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.5634, "energy": 80.021381, "activity_lines": [ 5.750231, 5.89512, 6.036236, 6.139111 ] }, { "date": "2024-06-28", "close": 5.448704, "volume": 78746500, "typical_volume": 126790595.2, "trend": 6.236596, "fair_value": 6.741498, "relative_strength": -14.268126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.483021, "energy": 86.701836, "activity_lines": [ 5.630006, 5.796755, 5.968271, 6.085501 ] }, { "date": "2024-07-05", "close": 5.39945, "volume": 56276662, "typical_volume": 117768255.55, "trend": 6.191236, "fair_value": 6.723756, "relative_strength": -14.312501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.707909, "energy": 86.544941, "activity_lines": [ 5.528723, 5.700129, 5.898829, 6.031491 ] }, { "date": "2024-07-12", "close": 5.497801, "volume": 67204954, "typical_volume": 110186615.1, "trend": 6.153655, "fair_value": 6.706567, "relative_strength": -13.149053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.637409, "energy": 81.403388, "activity_lines": [ 5.495653, 5.637185, 5.843811, 5.986754 ] }, { "date": "2024-07-19", "close": 5.674832, "volume": 76695322, "typical_volume": 103400123.4, "trend": 6.121332, "fair_value": 6.691079, "relative_strength": -10.478073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301141, "energy": 67.940488, "activity_lines": [ 5.538894, 5.618686, 5.81093, 5.955862 ] }, { "date": "2024-07-26", "close": 5.753513, "volume": 74411493, "typical_volume": 100617021.55, "trend": 6.09806, "fair_value": 6.676215, "relative_strength": -6.208083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.781075, "energy": 48.896339, "activity_lines": [ 5.61386, 5.624234, 5.790297, 5.932131 ] }, { "date": "2024-08-02", "close": 5.743678, "volume": 127212274, "typical_volume": 101151700.15, "trend": 6.072854, "fair_value": 6.665222, "relative_strength": -6.620948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.393976, "energy": 31.582374, "activity_lines": [ 5.676799, 5.635426, 5.772098, 5.909268 ] }, { "date": "2024-08-09", "close": 5.655162, "volume": 76059936, "typical_volume": 98731975.25, "trend": 6.050805, "fair_value": 6.6539, "relative_strength": -6.379176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.572967, "energy": 23.826581, "activity_lines": [ 5.690568, 5.634806, 5.748978, 5.88232 ] }, { "date": "2024-08-16", "close": 5.714173, "volume": 62280450, "typical_volume": 97463655.25, "trend": 6.032973, "fair_value": 6.641765, "relative_strength": -5.589066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.139892, "energy": 21.92179, "activity_lines": [ 5.70696, 5.649927, 5.734904, 5.860602 ] }, { "date": "2024-08-23", "close": 5.527307, "volume": 64173117, "typical_volume": 97034540.3, "trend": 6.013091, "fair_value": 6.628372, "relative_strength": -7.484085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.767485, "energy": 30.765916, "activity_lines": [ 5.646639, 5.631857, 5.70558, 5.827978 ] }, { "date": "2024-08-30", "close": 5.714173, "volume": 89470477, "typical_volume": 96313027.3, "trend": 5.979186, "fair_value": 6.620767, "relative_strength": -3.600795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.945535, "energy": 24.837749, "activity_lines": [ 5.658441, 5.651945, 5.697031, 5.808693 ] }, { "date": "2024-09-06", "close": 5.655162, "volume": 96725415, "typical_volume": 89112280.95, "trend": 5.963566, "fair_value": 6.612545, "relative_strength": -1.654332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.696829, "energy": 26.527108, "activity_lines": [ 5.653195, 5.659633, 5.683113, 5.787789 ] }, { "date": "2024-09-13", "close": 5.645327, "volume": 80277794, "typical_volume": 85809613.5, "trend": 5.936367, "fair_value": 6.600386, "relative_strength": 0.55762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.064344, "energy": 27.452056, "activity_lines": [ 5.650573, 5.661779, 5.670077, 5.767257 ] }, { "date": "2024-09-20", "close": 5.861699, "volume": 68178561, "typical_volume": 83770636.4, "trend": 5.911559, "fair_value": 6.585202, "relative_strength": 3.236693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.655077, "energy": 8.0455, "activity_lines": [ 5.720729, 5.698794, 5.680615, 5.76244 ] }, { "date": "2024-09-27", "close": 7.297618, "volume": 588186657, "typical_volume": 107298019.75, "trend": 5.932364, "fair_value": 6.579222, "relative_strength": 13.727486, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.753856, "energy": 64.587479, "activity_lines": [ 6.259691, 5.99027, 5.829384, 5.851863 ] }, { "date": "2024-10-04", "close": 8.025413, "volume": 205327457, "typical_volume": 111856298.5, "trend": 5.984501, "fair_value": 6.574272, "relative_strength": 15.495797, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.360237, "energy": 96.826685, "activity_lines": [ 6.92323, 6.384567, 6.042291, 5.986898 ] }, { "date": "2024-10-11", "close": 7.395969, "volume": 653208955, "typical_volume": 139844164.65, "trend": 6.015014, "fair_value": 6.56463, "relative_strength": 10.200477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.983359, "energy": 90.230792, "activity_lines": [ 7.222872, 6.623112, 6.186379, 6.077961 ] }, { "date": "2024-10-18", "close": 7.533659, "volume": 417690785, "typical_volume": 157504439.45, "trend": 6.053653, "fair_value": 6.557422, "relative_strength": 10.518935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.768458, "energy": 89.350345, "activity_lines": [ 7.452356, 6.85665, 6.336833, 6.175938 ] }, { "date": "2024-10-25", "close": 7.445144, "volume": 293544336, "typical_volume": 167522585.15, "trend": 6.09352, "fair_value": 6.550838, "relative_strength": 7.862029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.007715, "energy": 87.768071, "activity_lines": [ 7.526447, 7.039939, 6.471226, 6.265712 ] }, { "date": "2024-11-01", "close": 7.691021, "volume": 441648136, "typical_volume": 185111233.2, "trend": 6.144797, "fair_value": 6.547678, "relative_strength": 12.174051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.165721, "energy": 67.45027, "activity_lines": [ 7.576934, 7.236462, 6.620997, 6.368776 ] }, { "date": "2024-11-08", "close": 8.202444, "volume": 621634878, "typical_volume": 211947707.95, "trend": 6.225981, "fair_value": 6.546247, "relative_strength": 13.158776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.405063, "energy": 69.127206, "activity_lines": [ 7.771668, 7.48663, 6.810268, 6.501528 ] }, { "date": "2024-11-15", "close": 7.661516, "volume": 365111352, "typical_volume": 226265950.55, "trend": 6.280132, "fair_value": 6.543018, "relative_strength": 9.497317, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.94338, "energy": 58.322036, "activity_lines": [ 7.774291, 7.593207, 6.935735, 6.594143 ] }, { "date": "2024-11-22", "close": 7.376299, "volume": 249421350, "typical_volume": 235923184.95, "trend": 6.317061, "fair_value": 6.538139, "relative_strength": 7.458464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.799662, "energy": 51.491212, "activity_lines": [ 7.664138, 7.611446, 7.023501, 6.664863 ] }, { "date": "2024-11-29", "close": 7.59267, "volume": 181164136, "typical_volume": 241621144.05, "trend": 6.364418, "fair_value": 6.537925, "relative_strength": 8.574544, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.622429, "energy": 42.753721, "activity_lines": [ 7.6366, 7.637554, 7.12246, 6.747161 ] }, { "date": "2024-12-06", "close": 7.877887, "volume": 326041846, "typical_volume": 254088470.25, "trend": 6.419995, "fair_value": 6.539898, "relative_strength": 9.999526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.940706, "energy": 42.69505, "activity_lines": [ 7.694299, 7.684047, 7.238608, 6.844804 ] }, { "date": "2024-12-13", "close": 7.740196, "volume": 276444376, "typical_volume": 264190114.4, "trend": 6.47259, "fair_value": 6.539558, "relative_strength": 8.415138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.423675, "energy": 34.390564, "activity_lines": [ 7.693643, 7.694955, 7.331151, 6.929978 ] }, { "date": "2024-12-20", "close": 7.671351, "volume": 191213085, "typical_volume": 267390154.95, "trend": 6.528999, "fair_value": 6.539491, "relative_strength": 8.191045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.049874, "energy": 36.220247, "activity_lines": [ 7.700856, 7.698531, 7.407677, 7.007317 ] }, { "date": "2024-12-27", "close": 7.681186, "volume": 156270268, "typical_volume": 271400671.55, "trend": 6.587342, "fair_value": 6.540442, "relative_strength": 7.263166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.598472, "energy": 37.945459, "activity_lines": [ 7.710691, 7.698889, 7.475961, 7.081652 ] }, { "date": "2025-01-03", "close": 6.904216, "volume": 156785311, "typical_volume": 276125914.6, "trend": 6.625572, "fair_value": 6.535636, "relative_strength": 2.111367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.238703, "energy": 17.315598, "activity_lines": [ 7.44121, 7.555297, 7.460599, 7.102096 ] }, { "date": "2025-01-10", "close": 6.687844, "volume": 107000263, "typical_volume": 278267271.9, "trend": 6.65659, "fair_value": 6.52861, "relative_strength": 0.292578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.20878, "energy": 14.85941, "activity_lines": [ 7.145503, 7.3822, 7.418964, 7.106113 ] }, { "date": "2025-01-17", "close": 6.963226, "volume": 127672642, "typical_volume": 280177380.15, "trend": 6.701288, "fair_value": 6.523467, "relative_strength": 2.080343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.226306, "energy": 20.714271, "activity_lines": [ 7.020925, 7.277412, 7.39803, 7.125896 ] }, { "date": "2025-01-24", "close": 7.120587, "volume": 125151043, "typical_volume": 281598661.55, "trend": 6.757017, "fair_value": 6.520705, "relative_strength": 4.014765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.453484, "energy": 22.297807, "activity_lines": [ 7.000599, 7.223766, 7.386134, 7.152948 ] }, { "date": "2025-01-31", "close": 6.982896, "volume": 23678712, "typical_volume": 278768707.45, "trend": 6.809799, "fair_value": 6.516464, "relative_strength": 2.220898, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.050992, "energy": 22.130402, "activity_lines": [ 6.971094, 7.15492, 7.354146, 7.16752 ] }, { "date": "2025-02-07", "close": 7.209103, "volume": 83726885, "typical_volume": 279546123.65, "trend": 6.866842, "fair_value": 6.513971, "relative_strength": 3.895012, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.047342, "energy": 13.352263, "activity_lines": [ 7.063544, 7.134356, 7.337333, 7.193282 ] }, { "date": "2025-02-14", "close": 7.258278, "volume": 118207302, "typical_volume": 256047155.9, "trend": 6.919624, "fair_value": 6.512806, "relative_strength": 3.339083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.986179, "energy": 10.738994, "activity_lines": [ 7.152059, 7.129707, 7.318787, 7.218536 ] }, { "date": "2025-02-21", "close": 7.228773, "volume": 138416414, "typical_volume": 252701603.75, "trend": 6.968799, "fair_value": 6.511632, "relative_strength": 1.987809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.906844, "energy": 13.173927, "activity_lines": [ 7.192711, 7.130959, 7.297618, 7.238481 ] }, { "date": "2025-02-28", "close": 6.982896, "volume": 162363184, "typical_volume": 228159315.2, "trend": 7.010107, "fair_value": 6.511683, "relative_strength": 0.339643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.45111, "energy": 9.953164, "activity_lines": [ 7.133701, 7.096804, 7.256826, 7.23939 ] }, { "date": "2025-03-07", "close": 7.091082, "volume": 130539275, "typical_volume": 213801739.7, "trend": 7.05797, "fair_value": 6.510579, "relative_strength": 0.350906, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.669731, "energy": 7.512684, "activity_lines": [ 7.119931, 7.094837, 7.228305, 7.244615 ] }, { "date": "2025-03-14", "close": 7.238608, "volume": 169499071, "typical_volume": 207599476.45, "trend": 7.108785, "fair_value": 6.511137, "relative_strength": 1.034594, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.903352, "energy": 8.037437, "activity_lines": [ 7.148125, 7.130422, 7.21594, 7.256269 ] }, { "date": "2025-03-21", "close": 7.012402, "volume": 116845572, "typical_volume": 191359348.25, "trend": 7.158288, "fair_value": 6.511794, "relative_strength": -0.524015, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.410934, "energy": 18.2494, "activity_lines": [ 7.09895, 7.118799, 7.183016, 7.25005 ] }, { "date": "2025-03-28", "close": 7.159927, "volume": 105505852, "typical_volume": 165552896.95, "trend": 7.20648, "fair_value": 6.513517, "relative_strength": 1.902275, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.116888, "energy": 11.24115, "activity_lines": [ 7.115342, 7.128098, 7.167374, 7.250156 ] }, { "date": "2025-04-04", "close": 7.002566, "volume": 102420327, "typical_volume": 152418345.7, "trend": 7.251393, "fair_value": 6.516615, "relative_strength": -0.143128, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.822059, "energy": 31.243471, "activity_lines": [ 7.083869, 7.105209, 7.141709, 7.237 ] }, { "date": "2025-04-11", "close": 6.71735, "volume": 221833099, "typical_volume": 151038933.15, "trend": 7.287128, "fair_value": 6.516812, "relative_strength": -1.289178, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.623929, "energy": 55.074922, "activity_lines": [ 6.956014, 7.032608, 7.092019, 7.202546 ] }, { "date": "2025-04-18", "close": 6.71735, "volume": 101747365, "typical_volume": 147068094.6, "trend": 7.315649, "fair_value": 6.518678, "relative_strength": -2.520912, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.814595, "energy": 63.594188, "activity_lines": [ 6.853074, 6.964836, 7.045466, 7.165786 ] }, { "date": "2025-04-25", "close": 6.75669, "volume": 111143644, "typical_volume": 136323184.5, "trend": 7.297618, "fair_value": 6.519306, "relative_strength": -2.514226, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.604817, "energy": 68.199344, "activity_lines": [ 6.797997, 6.913157, 7.006828, 7.129724 ] }, { "date": "2025-05-02", "close": 6.727185, "volume": 55235101, "typical_volume": 125262720.75, "trend": 7.254344, "fair_value": 6.519804, "relative_strength": -2.522239, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.242254, "energy": 69.588055, "activity_lines": [ 6.750133, 6.865233, 6.97072, 7.092922 ] }, { "date": "2025-05-09", "close": 6.864875, "volume": 96980223, "typical_volume": 120551077.65, "trend": 7.236641, "fair_value": 6.521781, "relative_strength": -2.477366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.776661, "energy": 55.514403, "activity_lines": [ 6.777016, 6.851464, 6.952548, 7.067795 ] }, { "date": "2025-05-16", "close": 6.894381, "volume": 126331280, "typical_volume": 119054128.25, "trend": 7.215332, "fair_value": 6.525259, "relative_strength": -2.881737, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.206384, "energy": 34.836901, "activity_lines": [ 6.822913, 6.845205, 6.941027, 7.045714 ] }, { "date": "2025-05-23", "close": 6.766525, "volume": 73004770, "typical_volume": 114865101.2, "trend": 7.192711, "fair_value": 6.530362, "relative_strength": -4.213766, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.404713, "energy": 33.709788, "activity_lines": [ 6.814389, 6.819277, 6.921076, 7.016759 ] }, { "date": "2025-05-30", "close": 6.85504, "volume": 64785330, "typical_volume": 112754354.55, "trend": 7.164845, "fair_value": 6.537999, "relative_strength": -3.046854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.364876, "energy": 23.45582, "activity_lines": [ 6.832092, 6.818025, 6.910211, 6.994973 ] }, { "date": "2025-06-06", "close": 7.002566, "volume": 87532216, "typical_volume": 110747333.25, "trend": 7.124849, "fair_value": 6.546045, "relative_strength": -2.229955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.967834, "energy": 16.083568, "activity_lines": [ 6.892413, 6.846457, 6.912599, 6.984504 ] }, { "date": "2025-06-13", "close": 7.159927, "volume": 129990333, "typical_volume": 110989297.75, "trend": 7.108129, "fair_value": 6.555279, "relative_strength": 0.013058, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.576527, "energy": 10.552897, "activity_lines": [ 6.98683, 6.906361, 6.929787, 6.986767 ] }, { "date": "2025-06-20", "close": 7.002566, "volume": 111828070, "typical_volume": 115396765.65, "trend": 7.095672, "fair_value": 6.563445, "relative_strength": -1.873129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.682356, "energy": 14.769282, "activity_lines": [ 7.009123, 6.934794, 6.931801, 6.979956 ] }, { "date": "2025-06-27", "close": 7.425474, "volume": 187513247, "typical_volume": 120586083.75, "trend": 7.090098, "fair_value": 6.574202, "relative_strength": 1.79191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.495889, "energy": 32.069467, "activity_lines": [ 7.165172, 7.034932, 6.973998, 7.001234 ] }, { "date": "2025-07-04", "close": 7.376299, "volume": 110284998, "typical_volume": 120189968.55, "trend": 7.073379, "fair_value": 6.583332, "relative_strength": -0.5466, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.694811, "energy": 48.115041, "activity_lines": [ 7.260901, 7.113255, 7.010481, 7.019698 ] }, { "date": "2025-07-11", "close": 7.769701, "volume": 261699597, "typical_volume": 126354127.7, "trend": 7.074362, "fair_value": 6.593852, "relative_strength": 3.290012, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.311659, "energy": 73.109205, "activity_lines": [ 7.453012, 7.25184, 7.083869, 7.064622 ] }, { "date": "2025-07-18", "close": 7.68, "volume": 166068637, "typical_volume": 126539400.35, "trend": 7.074651, "fair_value": 6.603836, "relative_strength": 1.150305, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.707637, "energy": 82.980011, "activity_lines": [ 7.564081, 7.355161, 7.146139, 7.103696 ] }, { "date": "2025-07-25", "close": 7.82, "volume": 231320116, "typical_volume": 131578442.4, "trend": 7.079278, "fair_value": 6.615634, "relative_strength": 1.130069, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.2848, "energy": 85.532804, "activity_lines": [ 7.687145, 7.469116, 7.218422, 7.151783 ] }, { "date": "2025-08-01", "close": 7.56, "volume": 180482003, "typical_volume": 132127589.0, "trend": 7.101137, "fair_value": 6.62668, "relative_strength": -1.43593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.453642, "energy": 75.700951, "activity_lines": [ 7.669047, 7.518969, 7.262473, 7.182797 ] }, { "date": "2025-08-08", "close": 7.66, "volume": 109744528, "typical_volume": 131772536.8, "trend": 7.133542, "fair_value": 6.639405, "relative_strength": -2.312055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.830414, "energy": 58.080758, "activity_lines": [ 7.675313, 7.572577, 7.314516, 7.218853 ] }, { "date": "2025-08-15", "close": 8.23, "volume": 292398723, "typical_volume": 141117180.35, "trend": 7.175768, "fair_value": 6.654502, "relative_strength": 2.985018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.788279, "energy": 68.89791, "activity_lines": [ 7.852667, 7.715185, 7.417762, 7.289592 ] }, { "date": "2025-08-22", "close": 8.53, "volume": 316710288, "typical_volume": 151831678.4, "trend": 7.222749, "fair_value": 6.671888, "relative_strength": 2.871943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.841983, "energy": 79.290936, "activity_lines": [ 8.099333, 7.890022, 7.544483, 7.376962 ] }, { "date": "2025-08-29", "close": 8.34, "volume": 336050882, "typical_volume": 157542567.55, "trend": 7.267985, "fair_value": 6.688667, "relative_strength": -0.391851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.751426, "energy": 82.515346, "activity_lines": [ 8.226, 8.005403, 7.645836, 7.449043 ] }, { "date": "2025-09-05", "close": 7.8, "volume": 308746111, "typical_volume": 167892504.85, "trend": 7.287682, "fair_value": 6.700275, "relative_strength": -5.732654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.72658, "energy": 63.101837, "activity_lines": [ 8.138, 7.998285, 7.688033, 7.483366 ] }, { "date": "2025-09-12", "close": 7.74, "volume": 375113284, "typical_volume": 181090986.85, "trend": 7.303739, "fair_value": 6.710766, "relative_strength": -7.789617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.963699, "energy": 46.690965, "activity_lines": [ 8.014, 7.973449, 7.719361, 7.512548 ] }, { "date": "2025-09-19", "close": 7.57, "volume": 368440158, "typical_volume": 196751239.7, "trend": 7.315114, "fair_value": 6.720106, "relative_strength": -8.492522, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.625321, "energy": 23.906695, "activity_lines": [ 7.828, 7.911091, 7.729815, 7.529726 ] }, { "date": "2025-09-26", "close": 7.76, "volume": 359791856, "typical_volume": 209891821.35, "trend": 7.341017, "fair_value": 6.730176, "relative_strength": -6.111681, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.012881, "energy": 25.570834, "activity_lines": [ 7.749333, 7.886909, 7.754352, 7.558428 ] }, { "date": "2025-10-03", "close": 7.89, "volume": 232746052, "typical_volume": 215212559.95, "trend": 7.367648, "fair_value": 6.740774, "relative_strength": -5.568971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.09278, "energy": 22.622816, "activity_lines": [ 7.765333, 7.884909, 7.787007, 7.593847 ] }, { "date": "2025-10-10", "close": 7.96, "volume": 152717963, "typical_volume": 219198219.6, "trend": 7.391694, "fair_value": 6.754323, "relative_strength": -4.861981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.099879, "energy": 20.132059, "activity_lines": [ 7.834667, 7.894364, 7.821587, 7.632063 ] }, { "date": "2025-10-17", "close": 7.64, "volume": 330280120, "typical_volume": 232472959.1, "trend": 7.412614, "fair_value": 6.765455, "relative_strength": -7.058109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.078649, "energy": 17.047633, "activity_lines": [ 7.786667, 7.838364, 7.820008, 7.648083 ] }, { "date": "2025-10-24", "close": 7.93, "volume": 257325452, "typical_volume": 240962620.9, "trend": 7.438283, "fair_value": 6.779178, "relative_strength": -6.020002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.314054, "energy": 22.155774, "activity_lines": [ 7.842, 7.835455, 7.84231, 7.681462 ] }, { "date": "2025-10-31", "close": 7.84, "volume": 301770304, "typical_volume": 249551619.45, "trend": 7.466198, "fair_value": 6.79092, "relative_strength": -6.88319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.806826, "energy": 18.679758, "activity_lines": [ 7.843333, 7.821636, 7.851625, 7.70738 ] }, { "date": "2025-11-07", "close": 7.81, "volume": 175813783, "typical_volume": 252750905.1, "trend": 7.502619, "fair_value": 6.803142, "relative_strength": -7.880501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.471767, "energy": 14.724202, "activity_lines": [ 7.829333, 7.814909, 7.854844, 7.72956 ] }, { "date": "2025-11-14", "close": 7.71, "volume": 183208233, "typical_volume": 252535654.4, "trend": 7.535708, "fair_value": 6.815333, "relative_strength": -8.593881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.5862, "energy": 10.023044, "activity_lines": [ 7.787333, 7.799636, 7.844694, 7.74294 ] }, { "date": "2025-11-21", "close": 7.28, "volume": 183549040, "typical_volume": 256198856.5, "trend": 7.553151, "fair_value": 6.824462, "relative_strength": -9.895232, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.114678, "energy": 19.735173, "activity_lines": [ 7.618667, 7.707818, 7.792237, 7.726442 ] }, { "date": "2025-11-28", "close": 7.32, "volume": 115381928, "typical_volume": 248882973.05, "trend": 7.572912, "fair_value": 6.833176, "relative_strength": -10.323926, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.642986, "energy": 44.243247, "activity_lines": [ 7.487333, 7.631636, 7.744048, 7.7114 ] }, { "date": "2025-12-05", "close": 7.5, "volume": 145459151, "typical_volume": 247852498.75, "trend": 7.594083, "fair_value": 6.843044, "relative_strength": -8.122945, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.906854, "energy": 47.114641, "activity_lines": [ 7.456667, 7.592727, 7.715143, 7.706696 ] }, { "date": "2025-12-12", "close": 7.5, "volume": 200184118, "typical_volume": 246295698.85, "trend": 7.61427, "fair_value": 6.851875, "relative_strength": -7.504188, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.398173, "energy": 51.295083, "activity_lines": [ 7.448667, 7.558545, 7.687095, 7.700627 ] }, { "date": "2025-12-19", "close": 7.56, "volume": 156246039, "typical_volume": 245083900.65, "trend": 7.640719, "fair_value": 6.86048, "relative_strength": -6.502185, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.514852, "energy": 38.29954, "activity_lines": [ 7.481333, 7.542364, 7.666286, 7.697125 ] }, { "date": "2025-12-26", "close": 7.64, "volume": 124469853, "typical_volume": 245820166.9, "trend": 7.666884, "fair_value": 6.867827, "relative_strength": -6.97308, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.168576, "energy": 12.935867, "activity_lines": [ 7.550667, 7.548, 7.653095, 7.697079 ] }, { "date": "2026-01-02", "close": 7.65, "volume": 81799431, "typical_volume": 235290202.3, "trend": 7.688466, "fair_value": 6.875422, "relative_strength": -6.780051, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.417172, "energy": 8.436607, "activity_lines": [ 7.599333, 7.555455, 7.640952, 7.69599 ] }, { "date": "2026-01-09", "close": 7.81, "volume": 252591793, "typical_volume": 232084277.55, "trend": 7.710135, "fair_value": 6.886545, "relative_strength": -8.147627, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.695974, "energy": 16.213624, "activity_lines": [ 7.679333, 7.597091, 7.64681, 7.703831 ] }, { "date": "2026-01-16", "close": 7.62, "volume": 263744573, "typical_volume": 228468962.1, "trend": 7.730716, "fair_value": 6.896389, "relative_strength": -9.733555, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.393098, "energy": 18.926785, "activity_lines": [ 7.675333, 7.604727, 7.638, 7.698015 ] }, { "date": "2026-01-23", "close": 7.63, "volume": 155224252, "typical_volume": 220792869.15, "trend": 7.737533, "fair_value": 6.907273, "relative_strength": -10.074092, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.759746, "energy": 16.742921, "activity_lines": [ 7.666667, 7.617636, 7.633571, 7.691518 ] }, { "date": "2026-01-30", "close": 7.69, "volume": 396154057, "typical_volume": 221844907.8, "trend": 7.74799, "fair_value": 6.917016, "relative_strength": -8.725797, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.286684, "energy": 11.103131, "activity_lines": [ 7.673333, 7.642909, 7.635667, 7.688451 ] }, { "date": "2026-02-06", "close": 7.56, "volume": 243866581, "typical_volume": 215616228.95, "trend": 7.741, "fair_value": 6.923485, "relative_strength": -8.83658, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.572884, "energy": 15.066604, "activity_lines": [ 7.633333, 7.637091, 7.625619, 7.676323 ] }, { "date": "2026-02-13", "close": 7.58, "volume": 175969698, "typical_volume": 206425121.05, "trend": 7.737667, "fair_value": 6.930326, "relative_strength": -8.696185, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.360774, "energy": 16.126351, "activity_lines": [ 7.606, 7.630545, 7.617524, 7.665935 ] }, { "date": "2026-02-27", "close": 7.46, "volume": 211461511, "typical_volume": 205360894.0, "trend": 7.725667, "fair_value": 6.93658, "relative_strength": -11.595661, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.667299, "energy": 27.271299, "activity_lines": [ 7.554, 7.600727, 7.598857, 7.648022 ] }, { "date": "2026-03-06", "close": 7.28, "volume": 212791450, "typical_volume": 208364568.35, "trend": 7.716333, "fair_value": 6.942536, "relative_strength": -12.639743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.283541, "energy": 54.899771, "activity_lines": [ 7.452667, 7.538909, 7.565095, 7.619269 ] }, { "date": "2026-03-13", "close": 7.3, "volume": 145309955, "typical_volume": 199116060.1, "trend": 7.704333, "fair_value": 6.946605, "relative_strength": -11.515288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.413896, "energy": 60.815034, "activity_lines": [ 7.381333, 7.485818, 7.536476, 7.592409 ] }, { "date": "2026-03-20", "close": 7.17, "volume": 144979480, "typical_volume": 193498761.5, "trend": 7.669, "fair_value": 6.948865, "relative_strength": -9.788914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.903516, "energy": 70.594592, "activity_lines": [ 7.292667, 7.415273, 7.497095, 7.557935 ] }, { "date": "2026-03-27", "close": 6.88, "volume": 160451404, "typical_volume": 186432816.5, "trend": 7.614, "fair_value": 6.952134, "relative_strength": -12.205164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.929001, "energy": 80.651363, "activity_lines": [ 7.133333, 7.300727, 7.433714, 7.507032 ] }, { "date": "2026-04-03", "close": 6.72, "volume": 131813300, "typical_volume": 184232792.35, "trend": 7.56, "fair_value": 6.953828, "relative_strength": -13.166338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.943586, "energy": 85.46951, "activity_lines": [ 6.967333, 7.174, 7.359667, 7.449355 ] }, { "date": "2026-04-10", "close": 6.92, "volume": 142433911, "typical_volume": 182194076.25, "trend": 7.530667, "fair_value": 6.95595, "relative_strength": -12.660039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.466503, "energy": 77.076151, "activity_lines": [ 6.917333, 7.1, 7.309857, 7.408065 ] }, { "date": "2026-04-17", "close": 6.89, "volume": 130956119, "typical_volume": 179564430.2, "trend": 7.502333, "fair_value": 6.957757, "relative_strength": -14.127625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.336118, "energy": 75.800043, "activity_lines": [ 6.881333, 7.033455, 7.260952, 7.366731 ] }, { "date": "2026-04-24", "close": 6.55, "volume": 204955915, "typical_volume": 184043129.55, "trend": 7.468333, "fair_value": 6.955798, "relative_strength": -18.583428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.355392, "energy": 81.998155, "activity_lines": [ 6.759333, 6.919636, 7.181524, 7.30529 ] }, { "date": "2026-05-01", "close": 6.551214, "volume": 259476646, "typical_volume": 189744004.3, "trend": 7.42804, "fair_value": 6.954457, "relative_strength": -18.845126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.795612, "energy": 69.081405, "activity_lines": [ 6.679071, 6.824403, 7.105878, 7.246121 ] }, { "date": "2026-05-08", "close": 6.521924, "volume": 127922008, "typical_volume": 186130898.8, "trend": 7.382438, "fair_value": 6.954027, "relative_strength": -20.133936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.555933, "energy": 79.767927, "activity_lines": [ 6.610965, 6.742548, 7.03196, 7.187662 ] }, { "date": "2026-05-15", "close": 6.346183, "volume": 218924672, "typical_volume": 189264830.45, "trend": 7.328644, "fair_value": 6.950334, "relative_strength": -21.044785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.886249, "energy": 85.850812, "activity_lines": [ 6.497484, 6.645797, 6.945962, 7.120807 ] }, { "date": "2026-05-22", "close": 6.199733, "volume": 199143014, "typical_volume": 192998488.5, "trend": 7.280635, "fair_value": 6.943933, "relative_strength": -22.028478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.493665, "energy": 85.671233, "activity_lines": [ 6.37344, 6.539398, 6.851797, 7.047974 ] }, { "date": "2026-05-29", "close": 6.287603, "volume": 200358253, "typical_volume": 198926429.6, "trend": 7.225889, "fair_value": 6.93785, "relative_strength": -19.681932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.309918, "energy": 81.887528, "activity_lines": [ 6.324704, 6.468979, 6.772859, 6.983907 ] }, { "date": "2026-06-05", "close": 6.180206, "volume": 25222882, "typical_volume": 187557984.05, "trend": 7.170562, "fair_value": 6.931934, "relative_strength": -19.842159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.187163, "energy": 81.445382, "activity_lines": [ 6.257662, 6.395077, 6.69018, 6.916444 ] }, { "date": "2026-06-12", "close": 6.30713, "volume": 68409705, "typical_volume": 177791240.65, "trend": 7.120466, "fair_value": 6.928051, "relative_strength": -17.856642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.125147, "energy": 62.730204, "activity_lines": [ 6.257662, 6.356976, 6.627351, 6.860739 ] }, { "date": "2026-06-19", "close": 6.209496, "volume": 191576119, "typical_volume": 179608834.0, "trend": 7.07045, "fair_value": 6.923116, "relative_strength": -19.806456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.255242, "energy": 58.982317, "activity_lines": [ 6.239437, 6.30863, 6.561474, 6.801967 ] }, { "date": "2026-06-26", "close": 6.355947, "volume": 73602979, "typical_volume": 163481280.1, "trend": 7.039648, "fair_value": 6.918815, "relative_strength": -16.195865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.535059, "energy": 51.438567, "activity_lines": [ 6.279142, 6.29983, 6.516309, 6.75587 ] }, { "date": "2026-07-03", "close": 6.57, "volume": 47757162, "typical_volume": 153675809.15, "trend": 7.014648, "fair_value": 6.915431, "relative_strength": -13.242698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.21981, "energy": 36.029473, "activity_lines": [ 6.379783, 6.339658, 6.497884, 6.72557 ] }, { "date": "2026-07-10", "close": 6.5, "volume": 183306976, "typical_volume": 154042673.05, "trend": 6.981315, "fair_value": 6.913516, "relative_strength": -12.701012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.935033, "energy": 28.017433, "activity_lines": [ 6.438264, 6.366396, 6.477505, 6.692367 ] }, { "date": "2026-07-17", "close": 6.53, "volume": 218760109, "typical_volume": 154407602.95, "trend": 6.948981, "fair_value": 6.91136, "relative_strength": -6.430203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.02474, "energy": 22.654826, "activity_lines": [ 6.485426, 6.399519, 6.465127, 6.66325 ] }, { "date": "2026-07-24", "close": 6.3, "volume": 270735826, "typical_volume": 157304821.75, "trend": 6.906981, "fair_value": 6.907544, "relative_strength": -10.426124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.261905, "energy": 23.228541, "activity_lines": [ 6.441063, 6.390677, 6.435273, 6.62138 ] }, { "date": "2026-07-31", "close": 6.52, "volume": 169309614, "typical_volume": 158504804.7, "trend": 6.869648, "fair_value": 6.904149, "relative_strength": -7.276059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.018129, "energy": 17.685528, "activity_lines": [ 6.464, 6.422675, 6.431037, 6.596413 ] }, { "date": "2026-08-07", "close": 6.4, "volume": 154853473, "typical_volume": 158998504.35, "trend": 6.827981, "fair_value": 6.899924, "relative_strength": -11.006624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.403174, "energy": 17.164133, "activity_lines": [ 6.436, 6.427032, 6.419087, 6.566113 ] } ], "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." } } }