{ "ticker": { "uuid": "cac35d29-f992-40b0-a2f7-436edc6922bd", "symbol": "603055", "name": "Zhejiang Taihua New Material Group 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": -41.247, "architecture_energy": 21.311, "architecture_maturity": 48.662, "architecture_confidence": 75.75, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 41.81, "rotation_up": 23.58, "upward_expansion": 17.59, "deceleration": 44.39, "rotation_down": 33.7, "downward_expansion": 56.25 }, "activity_lines": [ 8.368, 8.34, 8.435427, 8.654535 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 8.2, "trend_reference": 8.920898, "distance_from_trend": -0.08081, "trend_direction": "Weakening", "fair_value": 9.929728, "distance_from_fair_value": -0.174197, "fair_value_direction": "Weakening", "relative_strength": -8.747054, "relative_strength_direction": "Improving", "price_momentum": -0.116379, "excess_performance": -0.073175, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08081, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.028108, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.174197, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.068982, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087471, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033116, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.116379, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.653668, "read": "Supply-led" } ], "volume": { "latest": 24215849, "relative_activity": 0.768419, "balance": 0.653668, "dry_up": 0.915064, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.080871, "annualized_volatility": 0.325331, "from_high_reference": -0.273694, "from_low_reference": 0.076115 }, "levels": { "trend_reference": 8.920898, "fair_value_reference": 9.929728, "structural_low": 7.62, "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": 22, "median_return": 0.020123, "positive_rate": 0.590909, "directional_follow_through": 0.409091, "median_excess_return": -0.000811, "regime_survival": 0.727273, "best_return": 0.217973, "worst_return": -0.118615, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.081234, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.05285, "regime_survival": 0.375, "best_return": 0.273105, "worst_return": -0.149829, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.006399, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.018148, "regime_survival": 0.166667, "best_return": 0.27958, "worst_return": -0.094321, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.022924, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.013005, "regime_survival": 0.0, "best_return": 0.120454, "worst_return": -0.089313, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.101449, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.170515, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-08-15", "tenure": "Established", "return": 0.010298, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.045317, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.056144, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2025-12-26", "tenure": "Established", "return": 0.011148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.010593, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.01741, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.075492, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": 0.044193, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.003498, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": -0.073996, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.008074, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.009852, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.981446, "volume": 16445023, "typical_volume": 22265242.15, "trend": 10.381811, "fair_value": 9.951262, "relative_strength": 2.134769, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.72136, "energy": 53.821934, "activity_lines": [ 10.657351, 10.304309, 10.003895, 10.169187 ] }, { "date": "2023-08-04", "close": 10.558713, "volume": 13801420, "typical_volume": 21803277.2, "trend": 10.413225, "fair_value": 9.964097, "relative_strength": -1.528046, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.777326, "energy": 47.215566, "activity_lines": [ 10.647103, 10.408135, 10.054247, 10.1806 ] }, { "date": "2023-08-11", "close": 10.222448, "volume": 15869840, "typical_volume": 21444089.65, "trend": 10.404232, "fair_value": 9.971732, "relative_strength": -0.999223, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.242402, "energy": 25.877292, "activity_lines": [ 10.526047, 10.427801, 10.072665, 10.168292 ] }, { "date": "2023-08-18", "close": 10.395384, "volume": 11213441, "typical_volume": 20922294.85, "trend": 10.427345, "fair_value": 9.981729, "relative_strength": 3.186622, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.81432, "energy": 18.083169, "activity_lines": [ 10.469042, 10.459233, 10.11174, 10.167721 ] }, { "date": "2023-08-25", "close": 9.530704, "volume": 18302673, "typical_volume": 19672229.8, "trend": 10.357844, "fair_value": 9.994001, "relative_strength": -2.585683, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.107106, "energy": 23.623562, "activity_lines": [ 10.133418, 10.309764, 10.069515, 10.109873 ] }, { "date": "2023-09-01", "close": 10.030296, "volume": 21283184, "typical_volume": 19190548.95, "trend": 10.272625, "fair_value": 10.010014, "relative_strength": 0.555408, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.076276, "energy": 22.556944, "activity_lines": [ 10.030937, 10.254764, 10.082306, 10.088741 ] }, { "date": "2023-09-08", "close": 9.972652, "volume": 16144371, "typical_volume": 19254440.45, "trend": 10.223886, "fair_value": 10.024522, "relative_strength": 0.594312, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.3195, "energy": 21.211245, "activity_lines": [ 9.972651, 10.182795, 10.09108, 10.069388 ] }, { "date": "2023-09-15", "close": 10.337739, "volume": 21285117, "typical_volume": 19089591.5, "trend": 10.179382, "fair_value": 10.039163, "relative_strength": 4.160585, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.0204, "energy": 10.331776, "activity_lines": [ 10.075132, 10.18821, 10.133427, 10.076733 ] }, { "date": "2023-09-22", "close": 10.347347, "volume": 17061035, "typical_volume": 19545106.75, "trend": 10.13139, "fair_value": 10.052732, "relative_strength": 3.66649, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.382297, "energy": 4.162837, "activity_lines": [ 10.17313, 10.195023, 10.1728, 10.08757 ] }, { "date": "2023-09-29", "close": 10.52989, "volume": 11903636, "typical_volume": 18988397.75, "trend": 10.104717, "fair_value": 10.06174, "relative_strength": 6.318927, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.952876, "energy": 30.33103, "activity_lines": [ 10.335177, 10.238519, 10.224943, 10.113279 ] }, { "date": "2023-10-13", "close": 10.424208, "volume": 12587355, "typical_volume": 18532988.3, "trend": 10.098323, "fair_value": 10.073414, "relative_strength": 6.012601, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.238812, "energy": 38.422898, "activity_lines": [ 10.395385, 10.2628, 10.260404, 10.133892 ] }, { "date": "2023-10-20", "close": 10.222448, "volume": 17178447, "typical_volume": 18588124.55, "trend": 10.086474, "fair_value": 10.083854, "relative_strength": 7.501766, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.278419, "energy": 33.551786, "activity_lines": [ 10.362078, 10.260529, 10.270989, 10.1419 ] }, { "date": "2023-10-27", "close": 10.856548, "volume": 19784994, "typical_volume": 18656177.05, "trend": 10.078306, "fair_value": 10.100567, "relative_strength": 12.518249, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.891943, "energy": 50.261446, "activity_lines": [ 10.523486, 10.379663, 10.337536, 10.191582 ] }, { "date": "2023-11-03", "close": 11.95181, "volume": 46870086, "typical_volume": 18976248.65, "trend": 10.122832, "fair_value": 10.124361, "relative_strength": 22.603816, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.408323, "energy": 72.395353, "activity_lines": [ 11.015393, 10.686406, 10.500222, 10.312453 ] }, { "date": "2023-11-10", "close": 11.826912, "volume": 26104471, "typical_volume": 19201771.35, "trend": 10.147327, "fair_value": 10.146877, "relative_strength": 20.173142, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.484297, "energy": 79.41346, "activity_lines": [ 11.358703, 10.942142, 10.637397, 10.422394 ] }, { "date": "2023-11-17", "close": 11.702014, "volume": 19190039, "typical_volume": 19214906.25, "trend": 10.192731, "fair_value": 10.167876, "relative_strength": 17.623069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.619893, "energy": 81.120491, "activity_lines": [ 11.573913, 11.13342, 10.752694, 10.522696 ] }, { "date": "2023-11-24", "close": 12.019063, "volume": 16787446, "typical_volume": 18619579.9, "trend": 10.269332, "fair_value": 10.199859, "relative_strength": 20.642342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.328222, "energy": 84.696615, "activity_lines": [ 11.809618, 11.351949, 10.888527, 10.640524 ] }, { "date": "2023-12-01", "close": 11.481039, "volume": 33932700, "typical_volume": 19303819.15, "trend": 10.334664, "fair_value": 10.229886, "relative_strength": 15.14393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.061504, "energy": 73.729921, "activity_lines": [ 11.746208, 11.435447, 10.966257, 10.718699 ] }, { "date": "2023-12-08", "close": 11.721228, "volume": 30047648, "typical_volume": 19990757.3, "trend": 10.412762, "fair_value": 10.259722, "relative_strength": 19.297462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.081909, "energy": 52.420412, "activity_lines": [ 11.721228, 11.541829, 11.061326, 10.808154 ] }, { "date": "2023-12-15", "close": 11.63476, "volume": 23208664, "typical_volume": 20450079.5, "trend": 10.495913, "fair_value": 10.28966, "relative_strength": 19.008056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.801732, "energy": 45.794493, "activity_lines": [ 11.682798, 11.60751, 11.142533, 10.886993 ] }, { "date": "2023-12-22", "close": 11.20242, "volume": 17004140, "typical_volume": 20478035.35, "trend": 10.561478, "fair_value": 10.320348, "relative_strength": 15.322177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.139413, "energy": 29.926262, "activity_lines": [ 11.513064, 11.574495, 11.177303, 10.932574 ] }, { "date": "2023-12-29", "close": 11.567508, "volume": 19725845, "typical_volume": 20774256.6, "trend": 10.637309, "fair_value": 10.351228, "relative_strength": 16.277755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.761146, "energy": 28.060398, "activity_lines": [ 11.498333, 11.59371, 11.245791, 10.997479 ] }, { "date": "2024-01-05", "close": 10.943016, "volume": 53299232, "typical_volume": 22645726.2, "trend": 10.697402, "fair_value": 10.381865, "relative_strength": 11.45982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.847379, "energy": 16.791109, "activity_lines": [ 11.305541, 11.474926, 11.25, 11.017202 ] }, { "date": "2024-01-12", "close": 10.77008, "volume": 26362002, "typical_volume": 23403154.25, "trend": 10.753316, "fair_value": 10.412825, "relative_strength": 11.097198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.72089, "energy": 15.647983, "activity_lines": [ 11.090973, 11.323126, 11.234308, 11.021891 ] }, { "date": "2024-01-19", "close": 10.318524, "volume": 26176499, "typical_volume": 23796845.55, "trend": 10.772915, "fair_value": 10.442204, "relative_strength": 8.108913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.85599, "energy": 18.672348, "activity_lines": [ 10.789295, 11.110712, 11.173826, 10.99384 ] }, { "date": "2024-01-26", "close": 9.38659, "volume": 41617317, "typical_volume": 24813552.2, "trend": 10.763354, "fair_value": 10.466206, "relative_strength": -4.392217, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.000212, "energy": 47.678498, "activity_lines": [ 10.264722, 10.75628, 11.020837, 10.9044 ] }, { "date": "2024-02-02", "close": 8.262506, "volume": 54946064, "typical_volume": 26753636.85, "trend": 10.686173, "fair_value": 10.486404, "relative_strength": -10.018272, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -56.040914, "energy": 76.524658, "activity_lines": [ 9.486509, 10.239568, 10.763858, 10.743054 ] }, { "date": "2024-02-09", "close": 8.71406, "volume": 55971313, "typical_volume": 28487946.65, "trend": 10.632691, "fair_value": 10.509796, "relative_strength": -9.171867, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.57214, "energy": 87.030674, "activity_lines": [ 9.079148, 9.873257, 10.558027, 10.615821 ] }, { "date": "2024-02-23", "close": 9.127187, "volume": 33410145, "typical_volume": 29305402.15, "trend": 10.585614, "fair_value": 10.535895, "relative_strength": -9.020456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.978017, "energy": 82.603382, "activity_lines": [ 8.958093, 9.632369, 10.399273, 10.518692 ] }, { "date": "2024-03-01", "close": 9.011895, "volume": 38897936, "typical_volume": 30655117.15, "trend": 10.535014, "fair_value": 10.563463, "relative_strength": -10.49495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.006312, "energy": 78.005491, "activity_lines": [ 8.908134, 9.417684, 10.23535, 10.417162 ] }, { "date": "2024-03-08", "close": 9.434628, "volume": 39383226, "typical_volume": 31994910.7, "trend": 10.483454, "fair_value": 10.59404, "relative_strength": -6.605285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.884949, "energy": 51.091375, "activity_lines": [ 9.086194, 9.327548, 10.118916, 10.346169 ] }, { "date": "2024-03-15", "close": 9.886184, "volume": 34821582, "typical_volume": 32877067.45, "trend": 10.461036, "fair_value": 10.627093, "relative_strength": -2.316391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.258902, "energy": 33.839047, "activity_lines": [ 9.41157, 9.351654, 10.050199, 10.307636 ] }, { "date": "2024-03-22", "close": 9.06954, "volume": 108031856, "typical_volume": 37289410.55, "trend": 10.422606, "fair_value": 10.651749, "relative_strength": -10.028951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.617334, "energy": 32.486396, "activity_lines": [ 9.356486, 9.257849, 9.905307, 10.217862 ] }, { "date": "2024-03-29", "close": 8.886996, "volume": 30593499, "typical_volume": 36475581.2, "trend": 10.372326, "fair_value": 10.673085, "relative_strength": -11.469857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.573319, "energy": 32.694927, "activity_lines": [ 9.216856, 9.164917, 9.75154, 10.11879 ] }, { "date": "2024-04-05", "close": 9.655602, "volume": 27259873, "typical_volume": 36533351.3, "trend": 10.37649, "fair_value": 10.698155, "relative_strength": -4.553662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.889896, "energy": 26.137282, "activity_lines": [ 9.349441, 9.24597, 9.685568, 10.07255 ] }, { "date": "2024-04-12", "close": 9.963044, "volume": 38117287, "typical_volume": 37479713.7, "trend": 10.374248, "fair_value": 10.725852, "relative_strength": 0.077782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.517872, "energy": 23.726523, "activity_lines": [ 9.541592, 9.394975, 9.659216, 10.045876 ] }, { "date": "2024-04-19", "close": 9.674817, "volume": 34345247, "typical_volume": 38357603.75, "trend": 10.36432, "fair_value": 10.751881, "relative_strength": -4.170131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.852271, "energy": 17.543712, "activity_lines": [ 9.60244, 9.481094, 9.613695, 10.000751 ] }, { "date": "2024-04-26", "close": 9.94383, "volume": 22034633, "typical_volume": 37762700.4, "trend": 10.35119, "fair_value": 10.779395, "relative_strength": -2.320524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.143225, "energy": 19.866014, "activity_lines": [ 9.76705, 9.590445, 9.604956, 9.973623 ] }, { "date": "2024-05-03", "close": 10.693219, "volume": 23058313, "typical_volume": 37413233.65, "trend": 10.362719, "fair_value": 10.813742, "relative_strength": 4.189518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.681641, "energy": 16.786572, "activity_lines": [ 10.12317, 9.81369, 9.674909, 9.995689 ] }, { "date": "2024-05-10", "close": 11.077521, "volume": 35256511, "typical_volume": 38015626.0, "trend": 10.380973, "fair_value": 10.847927, "relative_strength": 5.834571, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.081604, "energy": 42.884662, "activity_lines": [ 10.486977, 10.078335, 9.786356, 10.041805 ] }, { "date": "2024-05-17", "close": 11.653975, "volume": 74022946, "typical_volume": 40866566.3, "trend": 10.421965, "fair_value": 10.887, "relative_strength": 10.793745, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.952215, "energy": 63.824366, "activity_lines": [ 10.94814, 10.410232, 9.955358, 10.123935 ] }, { "date": "2024-05-24", "close": 10.943016, "volume": 37411254, "typical_volume": 41750836.75, "trend": 10.445984, "fair_value": 10.920383, "relative_strength": 5.771968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.971213, "energy": 58.491967, "activity_lines": [ 11.059587, 10.572513, 10.054499, 10.157551 ] }, { "date": "2024-05-31", "close": 11.077521, "volume": 30890399, "typical_volume": 40630395.1, "trend": 10.45335, "fair_value": 10.954388, "relative_strength": 6.668183, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.178469, "energy": 57.335845, "activity_lines": [ 11.131324, 10.740034, 10.169424, 10.198295 ] }, { "date": "2024-06-07", "close": 11.200832, "volume": 35155800, "typical_volume": 41070085.0, "trend": 10.428318, "fair_value": 10.988587, "relative_strength": 8.628389, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.71812, "energy": 51.480098, "activity_lines": [ 11.168584, 10.893466, 10.295452, 10.24652 ] }, { "date": "2024-06-14", "close": 10.782019, "volume": 20795937, "typical_volume": 40801056.9, "trend": 10.393488, "fair_value": 11.021057, "relative_strength": 4.776916, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.624593, "energy": 30.313513, "activity_lines": [ 11.0324, 10.928681, 10.379542, 10.269339 ] }, { "date": "2024-06-21", "close": 10.187888, "volume": 24543789, "typical_volume": 39947380.5, "trend": 10.343017, "fair_value": 11.049598, "relative_strength": -0.188103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.202552, "energy": 14.527477, "activity_lines": [ 10.717871, 10.835392, 10.404841, 10.256075 ] }, { "date": "2024-06-28", "close": 9.866472, "volume": 21661811, "typical_volume": 38283167.85, "trend": 10.271264, "fair_value": 11.076857, "relative_strength": -2.529821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.187585, "energy": 14.862226, "activity_lines": [ 10.393944, 10.679575, 10.395713, 10.22533 ] }, { "date": "2024-07-05", "close": 9.496358, "volume": 19549769, "typical_volume": 36462090.65, "trend": 10.205108, "fair_value": 11.101441, "relative_strength": -5.733797, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.798541, "energy": 30.032397, "activity_lines": [ 10.018414, 10.45298, 10.343698, 10.175336 ] }, { "date": "2024-07-12", "close": 10.441124, "volume": 35813180, "typical_volume": 36582242.4, "trend": 10.162438, "fair_value": 11.130517, "relative_strength": 2.777498, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.719285, "energy": 18.725767, "activity_lines": [ 10.063218, 10.406297, 10.377936, 10.190563 ] }, { "date": "2024-07-19", "close": 11.337191, "volume": 81739899, "typical_volume": 38724340.55, "trend": 10.152519, "fair_value": 11.16612, "relative_strength": 10.828294, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.767792, "energy": 23.911619, "activity_lines": [ 10.457357, 10.527118, 10.491257, 10.266353 ] }, { "date": "2024-07-26", "close": 10.684621, "volume": 30900762, "typical_volume": 38300217.35, "trend": 10.135259, "fair_value": 11.196516, "relative_strength": 7.486169, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.908865, "energy": 17.470015, "activity_lines": [ 10.596962, 10.52457, 10.531355, 10.300682 ] }, { "date": "2024-08-02", "close": 10.295026, "volume": 31425822, "typical_volume": 38130429.35, "trend": 10.092843, "fair_value": 11.220563, "relative_strength": 2.925815, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.66563, "energy": 22.39987, "activity_lines": [ 10.573586, 10.46881, 10.528397, 10.31099 ] }, { "date": "2024-08-09", "close": 10.441124, "volume": 27313784, "typical_volume": 34094525.75, "trend": 10.076113, "fair_value": 11.24314, "relative_strength": 5.785158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.742642, "energy": 22.158696, "activity_lines": [ 10.57034, 10.451395, 10.537405, 10.33346 ] }, { "date": "2024-08-16", "close": 10.460604, "volume": 19960839, "typical_volume": 33562892.75, "trend": 10.065797, "fair_value": 11.263675, "relative_strength": 5.100982, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.998127, "energy": 14.301929, "activity_lines": [ 10.510602, 10.449093, 10.541738, 10.358266 ] }, { "date": "2024-08-23", "close": 10.372945, "volume": 11269169, "typical_volume": 32763357.55, "trend": 10.067611, "fair_value": 11.280037, "relative_strength": 4.885115, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.320729, "energy": 9.581207, "activity_lines": [ 10.420346, 10.444312, 10.530229, 10.378082 ] }, { "date": "2024-08-30", "close": 10.226847, "volume": 23012818, "typical_volume": 32008134.1, "trend": 10.09562, "fair_value": 11.29125, "relative_strength": 3.689449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.739457, "energy": 7.290894, "activity_lines": [ 10.345673, 10.420405, 10.50139, 10.388355 ] }, { "date": "2024-09-06", "close": 9.885952, "volume": 16028871, "typical_volume": 31092315.3, "trend": 10.149735, "fair_value": 11.302925, "relative_strength": 2.738033, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.744463, "energy": 12.905626, "activity_lines": [ 10.187888, 10.333809, 10.438829, 10.374828 ] }, { "date": "2024-09-13", "close": 9.32104, "volume": 16488629, "typical_volume": 30815015.1, "trend": 10.169967, "fair_value": 11.307188, "relative_strength": -1.056282, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.705633, "energy": 42.97193, "activity_lines": [ 9.86907, 10.144147, 10.321461, 10.321364 ] }, { "date": "2024-09-20", "close": 9.282081, "volume": 9791544, "typical_volume": 30151676.65, "trend": 10.17513, "fair_value": 11.302295, "relative_strength": -2.750936, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.937837, "energy": 57.953078, "activity_lines": [ 9.611937, 9.950589, 10.203348, 10.264081 ] }, { "date": "2024-09-27", "close": 10.937856, "volume": 22805335, "typical_volume": 29529117.85, "trend": 10.239329, "fair_value": 11.305849, "relative_strength": 1.452716, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.313205, "energy": 23.849629, "activity_lines": [ 9.985298, 10.079155, 10.249648, 10.313289 ] }, { "date": "2024-10-04", "close": 12.00924, "volume": 11714331, "typical_volume": 26413687.1, "trend": 10.32515, "fair_value": 11.299118, "relative_strength": 2.910518, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 55.687658, "energy": 27.7807, "activity_lines": [ 10.678127, 10.409779, 10.398649, 10.427477 ] }, { "date": "2024-10-11", "close": 11.249532, "volume": 41036253, "typical_volume": 26594937.05, "trend": 10.370594, "fair_value": 11.267659, "relative_strength": -0.102582, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 46.362918, "energy": 35.551715, "activity_lines": [ 10.998893, 10.57819, 10.473606, 10.487114 ] }, { "date": "2024-10-18", "close": 11.035254, "volume": 31990496, "typical_volume": 26649941.9, "trend": 10.436118, "fair_value": 11.234163, "relative_strength": -3.326288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.768862, "energy": 40.949812, "activity_lines": [ 11.157327, 10.690287, 10.526695, 10.529996 ] }, { "date": "2024-10-25", "close": 11.35667, "volume": 33074874, "typical_volume": 26545895.6, "trend": 10.518441, "fair_value": 11.208024, "relative_strength": -1.66846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.969154, "energy": 61.098801, "activity_lines": [ 11.30862, 10.85002, 10.610597, 10.589386 ] }, { "date": "2024-11-01", "close": 11.239792, "volume": 42973679, "typical_volume": 27654782.7, "trend": 10.571247, "fair_value": 11.181497, "relative_strength": -1.769334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.959195, "energy": 52.998415, "activity_lines": [ 11.282647, 10.972211, 10.682626, 10.635925 ] }, { "date": "2024-11-08", "close": 11.765744, "volume": 51789009, "typical_volume": 29017043.7, "trend": 10.631337, "fair_value": 11.158461, "relative_strength": -2.25475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.12735, "energy": 48.722716, "activity_lines": [ 11.411863, 11.174269, 10.802565, 10.712989 ] }, { "date": "2024-11-15", "close": 11.395629, "volume": 43312923, "typical_volume": 30099599.3, "trend": 10.688697, "fair_value": 11.142983, "relative_strength": -1.618824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.006034, "energy": 36.08349, "activity_lines": [ 11.433939, 11.281053, 10.879742, 10.762298 ] }, { "date": "2024-11-22", "close": 10.908637, "volume": 23811606, "typical_volume": 30312691.15, "trend": 10.720858, "fair_value": 11.117402, "relative_strength": -3.729639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.251737, "energy": 28.558168, "activity_lines": [ 11.283946, 11.271845, 10.903257, 10.776488 ] }, { "date": "2024-11-29", "close": 11.493029, "volume": 19292787, "typical_volume": 29486671.5, "trend": 10.747518, "fair_value": 11.082749, "relative_strength": -0.103846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.608688, "energy": 27.651683, "activity_lines": [ 11.337191, 11.340024, 10.975703, 10.826305 ] }, { "date": "2024-12-06", "close": 11.483288, "volume": 26350134, "typical_volume": 26717183.25, "trend": 10.761044, "fair_value": 11.051463, "relative_strength": -2.239553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.835624, "energy": 27.139325, "activity_lines": [ 11.378098, 11.366233, 11.042212, 10.873774 ] }, { "date": "2024-12-13", "close": 11.619646, "volume": 26684864, "typical_volume": 26506388.35, "trend": 10.759899, "fair_value": 11.014131, "relative_strength": -0.433635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.665645, "energy": 28.223119, "activity_lines": [ 11.448225, 11.407317, 11.121012, 10.929168 ] }, { "date": "2024-12-20", "close": 11.317711, "volume": 21424941, "typical_volume": 26006344.3, "trend": 10.772389, "fair_value": 10.968003, "relative_strength": -2.010163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.690865, "energy": 26.748978, "activity_lines": [ 11.427447, 11.400588, 11.166604, 10.965156 ] }, { "date": "2024-12-27", "close": 10.957336, "volume": 19784129, "typical_volume": 25629861.55, "trend": 10.768383, "fair_value": 10.925703, "relative_strength": -5.696957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.935457, "energy": 18.196103, "activity_lines": [ 11.291738, 11.327096, 11.173004, 10.977088 ] }, { "date": "2025-01-03", "close": 10.353465, "volume": 18715704, "typical_volume": 25567604.8, "trend": 10.740137, "fair_value": 10.891749, "relative_strength": -5.303954, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.438359, "energy": 10.244415, "activity_lines": [ 10.951492, 11.145227, 11.119435, 10.950319 ] }, { "date": "2025-01-10", "close": 9.993091, "volume": 22518790, "typical_volume": 26130085.85, "trend": 10.71384, "fair_value": 10.85079, "relative_strength": -7.056822, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.197888, "energy": 31.913138, "activity_lines": [ 10.567093, 10.916075, 11.032055, 10.902123 ] }, { "date": "2025-01-17", "close": 10.470344, "volume": 21346040, "typical_volume": 26046746.95, "trend": 10.723255, "fair_value": 10.819632, "relative_strength": -4.545391, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.202626, "energy": 38.178094, "activity_lines": [ 10.441124, 10.796363, 10.991936, 10.886413 ] }, { "date": "2025-01-24", "close": 10.314506, "volume": 20497823, "typical_volume": 26270194.55, "trend": 10.738189, "fair_value": 10.790543, "relative_strength": -6.026358, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.341176, "energy": 45.311662, "activity_lines": [ 10.33983, 10.67187, 10.935816, 10.860042 ] }, { "date": "2025-01-31", "close": 10.567742, "volume": 5798074, "typical_volume": 25735666.8, "trend": 10.773902, "fair_value": 10.761574, "relative_strength": -3.673261, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.189754, "energy": 42.937988, "activity_lines": [ 10.389828, 10.613077, 10.901773, 10.849046 ] }, { "date": "2025-02-07", "close": 10.499562, "volume": 14736631, "typical_volume": 25982921.15, "trend": 10.77585, "fair_value": 10.73307, "relative_strength": -5.913383, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.243848, "energy": 20.000062, "activity_lines": [ 10.443072, 10.548085, 10.8553, 10.831346 ] }, { "date": "2025-02-14", "close": 10.08075, "volume": 29070856, "typical_volume": 26296197.2, "trend": 10.733969, "fair_value": 10.698571, "relative_strength": -10.814085, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.70144, "energy": 28.244017, "activity_lines": [ 10.346972, 10.425009, 10.763142, 10.786501 ] }, { "date": "2025-02-21", "close": 10.08075, "volume": 29067234, "typical_volume": 27163842.35, "trend": 10.71384, "fair_value": 10.666058, "relative_strength": -11.641666, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.505505, "energy": 31.265396, "activity_lines": [ 10.245028, 10.327433, 10.675066, 10.744358 ] }, { "date": "2025-02-28", "close": 10.77228, "volume": 128747963, "typical_volume": 31549427.85, "trend": 10.729748, "fair_value": 10.649533, "relative_strength": -4.070857, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.643607, "energy": 15.839638, "activity_lines": [ 10.399568, 10.383571, 10.662033, 10.748128 ] }, { "date": "2025-03-07", "close": 11.103434, "volume": 63941199, "typical_volume": 33146963.0, "trend": 10.751825, "fair_value": 10.625683, "relative_strength": -2.743963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 6.980484, "energy": 6.865686, "activity_lines": [ 10.633973, 10.509834, 10.682812, 10.772237 ] }, { "date": "2025-03-14", "close": 10.967076, "volume": 48870754, "typical_volume": 33936757.0, "trend": 10.768708, "fair_value": 10.606916, "relative_strength": -5.243334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.824523, "energy": 12.137685, "activity_lines": [ 10.787214, 10.60865, 10.690279, 10.786124 ] }, { "date": "2025-03-21", "close": 10.976816, "volume": 47473649, "typical_volume": 34161755.5, "trend": 10.788837, "fair_value": 10.584901, "relative_strength": -3.773278, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.544833, "energy": 19.577465, "activity_lines": [ 10.912533, 10.698079, 10.700529, 10.799551 ] }, { "date": "2025-03-28", "close": 11.113173, "volume": 55466012, "typical_volume": 34345605.65, "trend": 10.818381, "fair_value": 10.569599, "relative_strength": -2.402817, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.459818, "energy": 26.245379, "activity_lines": [ 11.023567, 10.794415, 10.725018, 10.820476 ] }, { "date": "2025-04-04", "close": 10.928117, "volume": 33632841, "typical_volume": 33861601.55, "trend": 10.85312, "fair_value": 10.567553, "relative_strength": -3.828494, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.271727, "energy": 20.151244, "activity_lines": [ 11.004087, 10.845416, 10.734989, 10.827555 ] }, { "date": "2025-04-11", "close": 9.223642, "volume": 63420244, "typical_volume": 35842033.45, "trend": 10.849873, "fair_value": 10.5538, "relative_strength": -16.01272, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.720103, "energy": 37.12937, "activity_lines": [ 10.40606, 10.575357, 10.584856, 10.722428 ] }, { "date": "2025-04-18", "close": 9.097024, "volume": 25802712, "typical_volume": 36167529.7, "trend": 10.843705, "fair_value": 10.542604, "relative_strength": -17.962212, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.851582, "energy": 66.989778, "activity_lines": [ 9.891147, 10.306714, 10.430688, 10.609341 ] }, { "date": "2025-04-25", "close": 9.749595, "volume": 33947661, "typical_volume": 36547406.05, "trend": 10.804096, "fair_value": 10.535592, "relative_strength": -12.436682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.599549, "energy": 64.521895, "activity_lines": [ 9.718427, 10.182221, 10.35008, 10.538753 ] }, { "date": "2025-05-02", "close": 9.272342, "volume": 18578414, "typical_volume": 36142083.55, "trend": 10.712866, "fair_value": 10.527807, "relative_strength": -16.021365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.389981, "energy": 73.566762, "activity_lines": [ 9.468438, 9.976976, 10.232274, 10.43993 ] }, { "date": "2025-05-09", "close": 9.632716, "volume": 33359900, "typical_volume": 36738831.5, "trend": 10.658972, "fair_value": 10.527569, "relative_strength": -14.092525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.381905, "energy": 67.541128, "activity_lines": [ 9.461295, 9.851951, 10.159967, 10.370243 ] }, { "date": "2025-05-16", "close": 10.324246, "volume": 69633165, "typical_volume": 39231283.3, "trend": 10.635272, "fair_value": 10.532485, "relative_strength": -8.290798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.791755, "energy": 34.084471, "activity_lines": [ 9.771022, 9.873379, 10.161544, 10.348648 ] }, { "date": "2025-05-23", "close": 9.515838, "volume": 48772262, "typical_volume": 40734111.2, "trend": 10.573911, "fair_value": 10.538117, "relative_strength": -14.6458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.04478, "energy": 33.772982, "activity_lines": [ 9.737907, 9.761991, 10.089144, 10.276426 ] }, { "date": "2025-05-30", "close": 9.398959, "volume": 23961312, "typical_volume": 40806237.3, "trend": 10.51255, "fair_value": 10.53963, "relative_strength": -15.289817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.370193, "energy": 33.224502, "activity_lines": [ 9.637911, 9.655738, 10.009602, 10.200623 ] }, { "date": "2025-06-06", "close": 9.233381, "volume": 25158394, "typical_volume": 40996855.0, "trend": 10.428138, "fair_value": 10.540502, "relative_strength": -17.260167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.51641, "energy": 37.154744, "activity_lines": [ 9.506098, 9.548068, 9.91712, 10.118096 ] }, { "date": "2025-06-13", "close": 9.09, "volume": 55904543, "typical_volume": 42767191.0, "trend": 10.351283, "fair_value": 10.535822, "relative_strength": -17.929831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.414775, "energy": 53.618033, "activity_lines": [ 9.329088, 9.448507, 9.816872, 10.031764 ] }, { "date": "2025-06-20", "close": 8.93, "volume": 17111116, "typical_volume": 43332843.1, "trend": 10.285329, "fair_value": 10.528129, "relative_strength": -18.610785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.360003, "energy": 63.62361, "activity_lines": [ 9.134927, 9.353275, 9.707218, 9.940069 ] }, { "date": "2025-06-27", "close": 9.09, "volume": 27212562, "typical_volume": 43956639.65, "trend": 10.205228, "fair_value": 10.513218, "relative_strength": -18.38683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.407178, "energy": 57.930799, "activity_lines": [ 9.087048, 9.292473, 9.6206, 9.862951 ] }, { "date": "2025-07-04", "close": 9.09, "volume": 25079720, "typical_volume": 43757082.85, "trend": 10.125451, "fair_value": 10.492168, "relative_strength": -19.230026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.518985, "energy": 52.118813, "activity_lines": [ 9.067559, 9.231799, 9.540695, 9.791001 ] }, { "date": "2025-07-11", "close": 9.21, "volume": 33255623, "typical_volume": 43966502.3, "trend": 10.04513, "fair_value": 10.474535, "relative_strength": -18.616516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.273545, "energy": 56.832026, "activity_lines": [ 9.108667, 9.204936, 9.476936, 9.731939 ] }, { "date": "2025-07-18", "close": 9.17, "volume": 34716747, "typical_volume": 39264941.5, "trend": 9.973539, "fair_value": 10.454781, "relative_strength": -18.943604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.747144, "energy": 40.688126, "activity_lines": [ 9.138, 9.171933, 9.413514, 9.675479 ] }, { "date": "2025-07-25", "close": 10.23, "volume": 96327575, "typical_volume": 40884260.3, "trend": 9.949295, "fair_value": 10.444168, "relative_strength": -10.606743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.976292, "energy": 11.904634, "activity_lines": [ 9.515333, 9.340071, 9.458674, 9.692025 ] }, { "date": "2025-08-01", "close": 9.68, "volume": 60600906, "typical_volume": 41470767.9, "trend": 9.926846, "fair_value": 10.427803, "relative_strength": -14.184814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.122804, "energy": 20.027091, "activity_lines": [ 9.622667, 9.409922, 9.455612, 9.674651 ] }, { "date": "2025-08-08", "close": 9.89, "volume": 38444761, "typical_volume": 41019323.5, "trend": 9.92341, "fair_value": 10.420036, "relative_strength": -13.650362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.152424, "energy": 17.204462, "activity_lines": [ 9.760667, 9.514971, 9.47868, 9.672274 ] }, { "date": "2025-08-15", "close": 9.85, "volume": 32757527, "typical_volume": 39883899.25, "trend": 9.902732, "fair_value": 10.39291, "relative_strength": -14.930838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.978039, "energy": 22.812535, "activity_lines": [ 9.832, 9.603818, 9.503113, 9.667538 ] }, { "date": "2025-08-22", "close": 9.93, "volume": 47626862, "typical_volume": 40583600.3, "trend": 9.889915, "fair_value": 10.364343, "relative_strength": -16.599604, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 4.064165, "energy": 24.594407, "activity_lines": [ 9.887333, 9.696, 9.54118, 9.669297 ] }, { "date": "2025-08-29", "close": 9.48, "volume": 62797823, "typical_volume": 40552479.25, "trend": 9.853657, "fair_value": 10.333869, "relative_strength": -20.482371, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -7.846365, "energy": 13.460383, "activity_lines": [ 9.742, 9.691091, 9.541143, 9.642851 ] }, { "date": "2025-09-05", "close": 9.44, "volume": 39022977, "typical_volume": 41213492.5, "trend": 9.818338, "fair_value": 10.30326, "relative_strength": -19.323299, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.126012, "energy": 11.998149, "activity_lines": [ 9.633333, 9.668909, 9.536076, 9.616164 ] }, { "date": "2025-09-12", "close": 9.32, "volume": 33622380, "typical_volume": 41197228.45, "trend": 9.79298, "fair_value": 10.285858, "relative_strength": -21.029956, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.378142, "energy": 22.639217, "activity_lines": [ 9.500667, 9.618545, 9.517947, 9.584013 ] }, { "date": "2025-09-19", "close": 9.28, "volume": 32767233, "typical_volume": 41906669.4, "trend": 9.766288, "fair_value": 10.276013, "relative_strength": -19.84274, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.848629, "energy": 31.149489, "activity_lines": [ 9.392667, 9.556727, 9.498055, 9.550917 ] }, { "date": "2025-09-26", "close": 8.91, "volume": 26249000, "typical_volume": 41551124.4, "trend": 9.704212, "fair_value": 10.268067, "relative_strength": -22.603092, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.418109, "energy": 55.735796, "activity_lines": [ 9.199333, 9.426364, 9.442887, 9.495673 ] }, { "date": "2025-10-03", "close": 8.97, "volume": 10108647, "typical_volume": 38574898.5, "trend": 9.633097, "fair_value": 10.259896, "relative_strength": -22.540454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.744203, "energy": 63.615408, "activity_lines": [ 9.094, 9.311636, 9.396876, 9.448304 ] }, { "date": "2025-10-10", "close": 9.01, "volume": 12238150, "typical_volume": 36748192.9, "trend": 9.567862, "fair_value": 10.247343, "relative_strength": -21.883147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.250103, "energy": 62.784785, "activity_lines": [ 9.036, 9.227091, 9.361122, 9.408105 ] }, { "date": "2025-10-17", "close": 8.69, "volume": 25314054, "typical_volume": 36815830.0, "trend": 9.491634, "fair_value": 10.236278, "relative_strength": -22.973081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.609673, "energy": 69.974318, "activity_lines": [ 8.9, 9.096545, 9.297302, 9.351468 ] }, { "date": "2025-10-24", "close": 8.83, "volume": 18846124, "typical_volume": 36500216.5, "trend": 9.415529, "fair_value": 10.230017, "relative_strength": -23.31709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.633711, "energy": 67.685252, "activity_lines": [ 8.852667, 9.013273, 9.25019, 9.308782 ] }, { "date": "2025-10-31", "close": 8.84, "volume": 19834590, "typical_volume": 34696718.85, "trend": 9.345925, "fair_value": 10.225651, "relative_strength": -22.705318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.089125, "energy": 65.706644, "activity_lines": [ 8.838667, 8.950364, 9.205952, 9.271651 ] }, { "date": "2025-11-07", "close": 9.12, "volume": 27511455, "typical_volume": 35216735.8, "trend": 9.34247, "fair_value": 10.226681, "relative_strength": -20.514619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.236506, "energy": 50.126842, "activity_lines": [ 8.922667, 8.958182, 9.189571, 9.257076 ] }, { "date": "2025-11-14", "close": 9.18, "volume": 32744513, "typical_volume": 35493333.35, "trend": 9.345236, "fair_value": 10.234199, "relative_strength": -19.243565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.924841, "energy": 27.033242, "activity_lines": [ 9.016667, 8.983455, 9.178, 9.246594 ] }, { "date": "2025-11-21", "close": 8.9, "volume": 33119575, "typical_volume": 35895326.1, "trend": 9.316916, "fair_value": 10.235039, "relative_strength": -17.966181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.203016, "energy": 24.583624, "activity_lines": [ 9.006, 8.962545, 9.139333, 9.217869 ] }, { "date": "2025-11-28", "close": 8.99, "volume": 24957480, "typical_volume": 35480418.95, "trend": 9.307505, "fair_value": 10.233893, "relative_strength": -17.64106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.684581, "energy": 20.02938, "activity_lines": [ 9.011333, 8.965636, 9.110143, 9.196777 ] }, { "date": "2025-12-05", "close": 9.06, "volume": 18187492, "typical_volume": 34653956.2, "trend": 9.288414, "fair_value": 10.230083, "relative_strength": -16.701699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.598125, "energy": 18.996851, "activity_lines": [ 9.029333, 8.986727, 9.088667, 9.180809 ] }, { "date": "2025-12-12", "close": 8.92, "volume": 21570400, "typical_volume": 30916097.45, "trend": 9.241606, "fair_value": 10.229098, "relative_strength": -17.056943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.861917, "energy": 26.42698, "activity_lines": [ 8.986, 8.979636, 9.054381, 9.157041 ] }, { "date": "2025-12-19", "close": 9.07, "volume": 17788280, "typical_volume": 28775466.15, "trend": 9.226745, "fair_value": 10.221751, "relative_strength": -15.078337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.038064, "energy": 19.733371, "activity_lines": [ 9.006, 9.000727, 9.040619, 9.145969 ] }, { "date": "2025-12-26", "close": 9.07, "volume": 18638331, "typical_volume": 27785144.65, "trend": 9.215779, "fair_value": 10.211841, "relative_strength": -16.09817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.738072, "energy": 16.800512, "activity_lines": [ 9.033333, 9.020727, 9.029762, 9.135857 ] }, { "date": "2026-01-02", "close": 9.44, "volume": 20057120, "typical_volume": 27150124.3, "trend": 9.222667, "fair_value": 10.20534, "relative_strength": -12.266058, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.379609, "energy": 8.801357, "activity_lines": [ 9.172667, 9.101091, 9.058048, 9.150323 ] }, { "date": "2026-01-09", "close": 9.54, "volume": 62920112, "typical_volume": 27914786.8, "trend": 9.237667, "fair_value": 10.201433, "relative_strength": -14.087459, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.469166, "energy": 27.381613, "activity_lines": [ 9.315333, 9.188545, 9.09781, 9.170796 ] }, { "date": "2026-01-16", "close": 9.19, "volume": 37986756, "typical_volume": 26674233.45, "trend": 9.246333, "fair_value": 10.1987, "relative_strength": -16.274781, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.319768, "energy": 25.030652, "activity_lines": [ 9.309333, 9.199636, 9.106095, 9.16772 ] }, { "date": "2026-01-23", "close": 9.41, "volume": 30293312, "typical_volume": 26237750.2, "trend": 9.257, "fair_value": 10.191763, "relative_strength": -14.429337, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.389929, "energy": 34.666737, "activity_lines": [ 9.358667, 9.249455, 9.136714, 9.17828 ] }, { "date": "2026-01-30", "close": 9.28, "volume": 36379456, "typical_volume": 26375604.0, "trend": 9.263333, "fair_value": 10.189058, "relative_strength": -14.622223, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.619603, "energy": 24.805214, "activity_lines": [ 9.342, 9.271455, 9.155095, 9.179763 ] }, { "date": "2026-02-06", "close": 9.35, "volume": 30442631, "typical_volume": 26259373.9, "trend": 9.268, "fair_value": 10.174534, "relative_strength": -12.309058, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.448009, "energy": 13.123445, "activity_lines": [ 9.334667, 9.299273, 9.180333, 9.185355 ] }, { "date": "2026-02-13", "close": 9.14, "volume": 20228794, "typical_volume": 25958363.6, "trend": 9.267, "fair_value": 10.152439, "relative_strength": -14.138148, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.727223, "energy": 6.92981, "activity_lines": [ 9.263333, 9.282364, 9.185238, 9.177097 ] }, { "date": "2026-02-27", "close": 9.83, "volume": 72273935, "typical_volume": 29066628.0, "trend": 9.253667, "fair_value": 10.142151, "relative_strength": -9.031565, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.355884, "energy": 26.401238, "activity_lines": [ 9.448667, 9.389455, 9.254762, 9.213419 ] }, { "date": "2026-03-06", "close": 9.73, "volume": 49210687, "typical_volume": 30915254.85, "trend": 9.255333, "fair_value": 10.129697, "relative_strength": -8.512812, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.056608, "energy": 39.082184, "activity_lines": [ 9.558, 9.461818, 9.310667, 9.244151 ] }, { "date": "2026-03-13", "close": 10.16, "volume": 119014663, "typical_volume": 35600285.3, "trend": 9.264333, "fair_value": 10.119267, "relative_strength": -3.213461, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.695671, "energy": 63.289465, "activity_lines": [ 9.789333, 9.600364, 9.404095, 9.302516 ] }, { "date": "2026-03-20", "close": 9.56, "volume": 90466520, "typical_volume": 39181305.1, "trend": 9.254667, "fair_value": 10.10792, "relative_strength": -5.181194, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.752204, "energy": 54.535059, "activity_lines": [ 9.762, 9.61, 9.433381, 9.321591 ] }, { "date": "2026-03-27", "close": 9.56, "volume": 53403554, "typical_volume": 40859753.3, "trend": 9.242333, "fair_value": 10.101151, "relative_strength": -3.534774, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.952697, "energy": 32.374019, "activity_lines": [ 9.720667, 9.617455, 9.45919, 9.34129 ] }, { "date": "2026-04-03", "close": 8.771148, "volume": 54400959, "typical_volume": 42204228.5, "trend": 9.218705, "fair_value": 10.089569, "relative_strength": -10.006244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.309872, "energy": 7.588294, "activity_lines": [ 9.388383, 9.481118, 9.406443, 9.310891 ] }, { "date": "2026-04-10", "close": 9.593443, "volume": 53172885, "typical_volume": 43225647.1, "trend": 9.22382, "fair_value": 10.079901, "relative_strength": -3.552486, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.217435, "energy": 17.565273, "activity_lines": [ 9.400787, 9.501905, 9.43367, 9.335068 ] }, { "date": "2026-04-17", "close": 9.260609, "volume": 39497993, "typical_volume": 43544568.0, "trend": 9.22184, "fair_value": 10.071213, "relative_strength": -7.998011, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.403478, "energy": 15.801706, "activity_lines": [ 9.311351, 9.458841, 9.42723, 9.337441 ] }, { "date": "2026-04-24", "close": 8.917986, "volume": 27326240, "typical_volume": 43663006.0, "trend": 9.209773, "fair_value": 10.057276, "relative_strength": -11.616327, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.594333, "energy": 18.042972, "activity_lines": [ 9.167666, 9.353835, 9.386442, 9.317838 ] }, { "date": "2026-05-01", "close": 8.878829, "volume": 33308423, "typical_volume": 44419052.55, "trend": 9.208734, "fair_value": 10.047911, "relative_strength": -12.148426, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.834988, "energy": 22.270634, "activity_lines": [ 9.05373, 9.249564, 9.342268, 9.296487 ] }, { "date": "2026-05-08", "close": 8.986511, "volume": 20332468, "typical_volume": 44357155.95, "trend": 9.209284, "fair_value": 10.043202, "relative_strength": -12.058658, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.463129, "energy": 24.641654, "activity_lines": [ 9.021099, 9.16962, 9.309211, 9.28215 ] }, { "date": "2026-05-15", "close": 8.575363, "volume": 30149579, "typical_volume": 44975220.9, "trend": 9.194796, "fair_value": 10.03714, "relative_strength": -14.634775, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.264547, "energy": 41.467354, "activity_lines": [ 8.837062, 9.030259, 9.236681, 9.241252 ] }, { "date": "2026-05-22", "close": 8.48726, "volume": 59787570, "typical_volume": 47032682.85, "trend": 9.188038, "fair_value": 10.031428, "relative_strength": -14.370347, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.567031, "energy": 42.384041, "activity_lines": [ 8.691529, 8.895872, 9.158116, 9.195604 ] }, { "date": "2026-05-29", "close": 8.555784, "volume": 40631299, "typical_volume": 48061391.8, "trend": 9.178898, "fair_value": 10.027682, "relative_strength": -12.220795, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.145452, "energy": 50.748343, "activity_lines": [ 8.620393, 8.804357, 9.088852, 9.154814 ] }, { "date": "2026-06-05", "close": 8.12, "volume": 4928537, "typical_volume": 45161813.05, "trend": 9.154898, "fair_value": 10.020531, "relative_strength": -15.308943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.119357, "energy": 62.122132, "activity_lines": [ 8.428144, 8.651867, 8.982295, 9.086498 ] }, { "date": "2026-06-12", "close": 8.3, "volume": 7084100, "typical_volume": 43616680.25, "trend": 9.127564, "fair_value": 10.014169, "relative_strength": -13.04292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.55868, "energy": 61.817604, "activity_lines": [ 8.346482, 8.558287, 8.899643, 9.031343 ] }, { "date": "2026-06-19", "close": 7.88, "volume": 29426195, "typical_volume": 43573324.4, "trend": 9.084231, "fair_value": 10.00609, "relative_strength": -18.124325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.721051, "energy": 69.382352, "activity_lines": [ 8.170589, 8.396909, 8.781229, 8.950855 ] }, { "date": "2026-06-26", "close": 7.93, "volume": 7333668, "typical_volume": 42121035.0, "trend": 9.051898, "fair_value": 9.998637, "relative_strength": -15.837672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.723391, "energy": 71.919411, "activity_lines": [ 8.057719, 8.275775, 8.674863, 8.876388 ] }, { "date": "2026-07-03", "close": 8.7, "volume": 21356888, "typical_volume": 41666747.85, "trend": 9.042231, "fair_value": 9.992031, "relative_strength": -7.657676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.487971, "energy": 48.986071, "activity_lines": [ 8.238667, 8.318835, 8.648259, 8.853685 ] }, { "date": "2026-07-10", "close": 8.38, "volume": 32787817, "typical_volume": 42294699.0, "trend": 9.019564, "fair_value": 9.98374, "relative_strength": -9.608775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.023387, "energy": 37.288193, "activity_lines": [ 8.303333, 8.307676, 8.594273, 8.810961 ] }, { "date": "2026-07-17", "close": 8.49, "volume": 35462573, "typical_volume": 40454130.9, "trend": 9.005231, "fair_value": 9.970356, "relative_strength": -2.480042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.827685, "energy": 24.298587, "activity_lines": [ 8.387333, 8.325586, 8.554383, 8.776795 ] }, { "date": "2026-07-24", "close": 8.24, "volume": 29650292, "typical_volume": 39476111.15, "trend": 8.977564, "fair_value": 9.957032, "relative_strength": -6.2551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.791219, "energy": 20.629524, "activity_lines": [ 8.375333, 8.30707, 8.497064, 8.727425 ] }, { "date": "2026-07-31", "close": 8.61, "volume": 26020088, "typical_volume": 34826382.4, "trend": 8.962231, "fair_value": 9.944663, "relative_strength": -2.016834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.983556, "energy": 17.694878, "activity_lines": [ 8.462667, 8.361923, 8.482079, 8.703712 ] }, { "date": "2026-08-07", "close": 8.2, "volume": 24215849, "typical_volume": 31513848.85, "trend": 8.920898, "fair_value": 9.929728, "relative_strength": -8.747054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.247119, "energy": 21.31091, "activity_lines": [ 8.368, 8.34, 8.435427, 8.654535 ] } ], "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." } } }