{ "ticker": { "uuid": "ced7ad23-ddb5-47e6-93c9-b3f8a18cb604", "symbol": "600284", "name": "Shanghai Pudong Construction 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": -52.191, "architecture_energy": 51.684, "architecture_maturity": 100.0, "architecture_confidence": 69.072, "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": 17.54, "rotation_up": 26.96, "upward_expansion": 20.84, "deceleration": 66.24, "rotation_down": 46.51, "downward_expansion": 70.84 }, "activity_lines": [ 5.048, 5.041273, 5.574892, 6.036932 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.13, "trend_reference": 6.698632, "distance_from_trend": -0.234172, "trend_direction": "Weakening", "fair_value": 6.344959, "distance_from_fair_value": -0.191484, "fair_value_direction": "Weakening", "relative_strength": -29.97597, "relative_strength_direction": "Weakening", "price_momentum": -0.339952, "excess_performance": -0.296749, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.234172, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.119395, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.191484, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.409072, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.29976, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.230091, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.339952, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.212505, "read": "Supply-led" } ], "volume": { "latest": 59836328, "relative_activity": 0.820363, "balance": 0.212505, "dry_up": 0.985592, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.102344, "annualized_volatility": 0.398415, "from_high_reference": -0.508132, "from_low_reference": 0.093817 }, "levels": { "trend_reference": 6.698632, "fair_value_reference": 6.344959, "structural_low": 4.69, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.017778, "positive_rate": 0.631579, "directional_follow_through": 0.368421, "median_excess_return": 0.012134, "regime_survival": 0.736842, "best_return": 0.164682, "worst_return": -0.263451, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.067513, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.036377, "regime_survival": 0.333333, "best_return": 0.136704, "worst_return": -0.322395, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.082217, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.114772, "regime_survival": 0.0, "best_return": 0.141694, "worst_return": 0.03597, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.180435, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.118076, "regime_survival": 0.333333, "best_return": 0.206928, "worst_return": -0.032281, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": 0.031301, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.056849, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-14", "tenure": "Developing", "return": 0.165812, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": -0.05506, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.053998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": -0.01037, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.082192, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-10-24", "tenure": "Developing", "return": 0.214489, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": -0.08045, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.008631, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.152416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.079719, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-06", "tenure": "New", "return": -0.015365, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.34413, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.965401, "volume": 86919966, "typical_volume": 42499700.95, "trend": 6.046559, "fair_value": 5.643655, "relative_strength": -2.262768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.500622, "energy": 23.924809, "activity_lines": [ 5.724117, 5.645637, 5.760677, 5.904069 ] }, { "date": "2023-08-04", "close": 6.438268, "volume": 149673874, "typical_volume": 47405750.45, "trend": 6.063611, "fair_value": 5.649877, "relative_strength": 5.018578, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.977547, "energy": 28.354758, "activity_lines": [ 5.981769, 5.795102, 5.809862, 5.92934 ] }, { "date": "2023-08-11", "close": 6.010869, "volume": 62083695, "typical_volume": 48438270.95, "trend": 6.059968, "fair_value": 5.653466, "relative_strength": 1.079015, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -0.691568, "energy": 27.860699, "activity_lines": [ 6.038756, 5.851979, 5.81913, 5.925938 ] }, { "date": "2023-08-18", "close": 5.983588, "volume": 45840026, "typical_volume": 47434888.5, "trend": 6.054536, "fair_value": 5.656399, "relative_strength": 2.325617, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.163572, "energy": 36.993995, "activity_lines": [ 6.056943, 5.896951, 5.828331, 5.92101 ] }, { "date": "2023-08-25", "close": 6.06543, "volume": 76567993, "typical_volume": 49117565.45, "trend": 6.050074, "fair_value": 5.659963, "relative_strength": 5.816345, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.559324, "energy": 35.156959, "activity_lines": [ 6.075736, 5.95019, 5.846186, 5.921713 ] }, { "date": "2023-09-01", "close": 6.329144, "volume": 78427781, "typical_volume": 49441896.05, "trend": 6.050298, "fair_value": 5.664308, "relative_strength": 7.720774, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.914949, "energy": 46.327236, "activity_lines": [ 6.154547, 6.042117, 5.889501, 5.939717 ] }, { "date": "2023-09-08", "close": 6.220022, "volume": 38188714, "typical_volume": 48792735.2, "trend": 6.043661, "fair_value": 5.668328, "relative_strength": 6.201642, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.008904, "energy": 34.29257, "activity_lines": [ 6.172735, 6.097506, 5.921889, 5.950667 ] }, { "date": "2023-09-15", "close": 6.283677, "volume": 37916024, "typical_volume": 48410055.65, "trend": 6.042077, "fair_value": 5.67265, "relative_strength": 7.001527, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.126449, "energy": 34.635605, "activity_lines": [ 6.22669, 6.152564, 5.960157, 5.966152 ] }, { "date": "2023-09-22", "close": 6.32005, "volume": 27974118, "typical_volume": 48686965.05, "trend": 6.039067, "fair_value": 5.678114, "relative_strength": 6.888231, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.124067, "energy": 44.321521, "activity_lines": [ 6.274583, 6.201173, 6.001906, 5.984086 ] }, { "date": "2023-09-29", "close": 6.32005, "volume": 20389615, "typical_volume": 46995361.55, "trend": 6.026678, "fair_value": 5.684755, "relative_strength": 7.309396, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.526799, "energy": 41.881916, "activity_lines": [ 6.300045, 6.23639, 6.043583, 6.002214 ] }, { "date": "2023-10-13", "close": 6.001774, "volume": 42124492, "typical_volume": 45878932.6, "trend": 6.013645, "fair_value": 5.688714, "relative_strength": 2.440479, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.326165, "energy": 25.359853, "activity_lines": [ 6.20244, 6.201503, 6.053911, 6.000607 ] }, { "date": "2023-10-20", "close": 5.874465, "volume": 27820068, "typical_volume": 45428242.6, "trend": 5.989334, "fair_value": 5.69298, "relative_strength": 3.531747, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 26.378021, "energy": 14.978375, "activity_lines": [ 6.084223, 6.142808, 6.050837, 5.991628 ] }, { "date": "2023-10-27", "close": 6.16546, "volume": 39806761, "typical_volume": 46029485.85, "trend": 5.976775, "fair_value": 5.69938, "relative_strength": 7.076082, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.071019, "energy": 20.062842, "activity_lines": [ 6.086042, 6.147272, 6.074264, 6.00299 ] }, { "date": "2023-11-03", "close": 5.81081, "volume": 59582111, "typical_volume": 47432341.65, "trend": 5.964997, "fair_value": 5.703078, "relative_strength": 0.519883, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.629441, "energy": 17.415139, "activity_lines": [ 5.977526, 6.084444, 6.06136, 5.992283 ] }, { "date": "2023-11-10", "close": 5.792622, "volume": 43786115, "typical_volume": 47914851.65, "trend": 5.953493, "fair_value": 5.70607, "relative_strength": -0.067483, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.307679, "energy": 23.800104, "activity_lines": [ 5.896896, 6.02145, 6.045814, 5.981162 ] }, { "date": "2023-11-17", "close": 5.828996, "volume": 41083607, "typical_volume": 48968326.35, "trend": 5.940563, "fair_value": 5.707798, "relative_strength": 0.106607, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.164501, "energy": 27.45974, "activity_lines": [ 5.863552, 5.97003, 6.032607, 5.97313 ] }, { "date": "2023-11-24", "close": 5.93812, "volume": 83350264, "typical_volume": 51518809.7, "trend": 5.932443, "fair_value": 5.711723, "relative_strength": 2.454785, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.349521, "energy": 25.830751, "activity_lines": [ 5.878102, 5.947544, 6.0278, 5.972972 ] }, { "date": "2023-12-01", "close": 5.874465, "volume": 44321838, "typical_volume": 52592954.35, "trend": 5.918684, "fair_value": 5.711816, "relative_strength": 1.681689, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.611243, "energy": 28.51408, "activity_lines": [ 5.86719, 5.91861, 6.015156, 5.969232 ] }, { "date": "2023-12-08", "close": 6.010869, "volume": 53963991, "typical_volume": 54205869.0, "trend": 5.908886, "fair_value": 5.715726, "relative_strength": 6.199483, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.403794, "energy": 9.174592, "activity_lines": [ 5.921145, 5.921917, 6.01403, 5.975179 ] }, { "date": "2023-12-15", "close": 5.874465, "volume": 108120077, "typical_volume": 58397056.5, "trend": 5.901282, "fair_value": 5.719029, "relative_strength": 4.760926, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.673651, "energy": 9.482739, "activity_lines": [ 5.916295, 5.906044, 5.997878, 5.972959 ] }, { "date": "2023-12-22", "close": 5.656218, "volume": 39272496, "typical_volume": 56014683.0, "trend": 5.898714, "fair_value": 5.721041, "relative_strength": 1.856456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.018183, "energy": 19.781036, "activity_lines": [ 5.83324, 5.858592, 5.959858, 5.957148 ] }, { "date": "2023-12-29", "close": 5.728968, "volume": 34485643, "typical_volume": 50255271.45, "trend": 5.902352, "fair_value": 5.723625, "relative_strength": 1.129103, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.102416, "energy": 23.278084, "activity_lines": [ 5.785954, 5.83065, 5.930239, 5.946197 ] }, { "date": "2024-01-05", "close": 5.774435, "volume": 29838005, "typical_volume": 48642986.95, "trend": 5.907202, "fair_value": 5.727251, "relative_strength": 3.473107, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.697434, "energy": 34.619024, "activity_lines": [ 5.767767, 5.81362, 5.908328, 5.937944 ] }, { "date": "2024-01-12", "close": 5.719874, "volume": 32861172, "typical_volume": 47994044.25, "trend": 5.910536, "fair_value": 5.730419, "relative_strength": 4.104574, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.960827, "energy": 41.807418, "activity_lines": [ 5.738061, 5.79378, 5.882346, 5.925858 ] }, { "date": "2024-01-19", "close": 5.437972, "volume": 44177170, "typical_volume": 46374503.1, "trend": 5.906595, "fair_value": 5.733172, "relative_strength": 0.729011, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.787091, "energy": 62.176985, "activity_lines": [ 5.633788, 5.724338, 5.830772, 5.89537 ] }, { "date": "2024-01-26", "close": 6.529203, "volume": 283145197, "typical_volume": 56610373.9, "trend": 5.943879, "fair_value": 5.742492, "relative_strength": 17.324314, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -5.308746, "energy": 5.826434, "activity_lines": [ 5.922358, 5.85975, 5.886113, 5.935538 ] }, { "date": "2024-02-02", "close": 5.574376, "volume": 539834031, "typical_volume": 81692639.75, "trend": 5.944182, "fair_value": 5.746119, "relative_strength": 6.620227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -45.802441, "energy": 18.496245, "activity_lines": [ 5.834453, 5.808825, 5.849566, 5.9117 ] }, { "date": "2024-02-09", "close": 5.401597, "volume": 196039502, "typical_volume": 89598813.65, "trend": 5.938726, "fair_value": 5.748585, "relative_strength": -1.5263, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.719017, "energy": 27.650008, "activity_lines": [ 5.699261, 5.7331, 5.799637, 5.876694 ] }, { "date": "2024-02-23", "close": 5.583469, "volume": 159016535, "typical_volume": 96150934.5, "trend": 5.938726, "fair_value": 5.752859, "relative_strength": -2.810593, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.963446, "energy": 22.657977, "activity_lines": [ 5.649549, 5.699041, 5.771231, 5.853774 ] }, { "date": "2024-03-01", "close": 5.619844, "volume": 127955267, "typical_volume": 101529217.1, "trend": 5.937817, "fair_value": 5.75865, "relative_strength": -2.788055, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.28278, "energy": 41.1329, "activity_lines": [ 5.621056, 5.679365, 5.749796, 5.833201 ] }, { "date": "2024-03-08", "close": 5.474346, "volume": 83969874, "typical_volume": 103621486.2, "trend": 5.921448, "fair_value": 5.765435, "relative_strength": -5.739061, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.947248, "energy": 45.791453, "activity_lines": [ 5.531939, 5.637866, 5.717838, 5.8033 ] }, { "date": "2024-03-15", "close": 5.528907, "volume": 67223876, "typical_volume": 105591676.6, "trend": 5.891136, "fair_value": 5.771393, "relative_strength": -4.875784, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.360306, "energy": 36.167326, "activity_lines": [ 5.531332, 5.609593, 5.693589, 5.777975 ] }, { "date": "2024-03-22", "close": 5.474346, "volume": 53291176, "typical_volume": 106265897.35, "trend": 5.873252, "fair_value": 5.775181, "relative_strength": -5.435492, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.424155, "energy": 35.105839, "activity_lines": [ 5.51557, 5.575037, 5.665788, 5.751085 ] }, { "date": "2024-03-29", "close": 5.447065, "volume": 55902098, "typical_volume": 106081896.7, "trend": 5.855368, "fair_value": 5.778795, "relative_strength": -5.464091, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.811236, "energy": 35.287504, "activity_lines": [ 5.485864, 5.540977, 5.63868, 5.723589 ] }, { "date": "2024-04-05", "close": 5.510721, "volume": 32273968, "typical_volume": 105506289.35, "trend": 5.836878, "fair_value": 5.781907, "relative_strength": -5.035416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.275721, "energy": 27.96383, "activity_lines": [ 5.486471, 5.523451, 5.619367, 5.701354 ] }, { "date": "2024-04-12", "close": 5.292474, "volume": 53258136, "typical_volume": 106115015.8, "trend": 5.802322, "fair_value": 5.784048, "relative_strength": -7.168183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.431606, "energy": 34.252106, "activity_lines": [ 5.421603, 5.464922, 5.580611, 5.666231 ] }, { "date": "2024-04-19", "close": 5.38341, "volume": 60814678, "typical_volume": 104988236.5, "trend": 5.774435, "fair_value": 5.78597, "relative_strength": -6.899982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.239062, "energy": 31.09464, "activity_lines": [ 5.399172, 5.445412, 5.553071, 5.639204 ] }, { "date": "2024-04-26", "close": 5.38341, "volume": 35642994, "typical_volume": 104554294.3, "trend": 5.744426, "fair_value": 5.788052, "relative_strength": -7.491966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.332888, "energy": 29.825125, "activity_lines": [ 5.386441, 5.429374, 5.528172, 5.613977 ] }, { "date": "2024-05-03", "close": 5.538002, "volume": 33653474, "typical_volume": 103538768.45, "trend": 5.718358, "fair_value": 5.790964, "relative_strength": -5.245735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.230129, "energy": 31.736007, "activity_lines": [ 5.431303, 5.441775, 5.520334, 5.600659 ] }, { "date": "2024-05-10", "close": 5.592563, "volume": 55841860, "typical_volume": 100924857.6, "trend": 5.694108, "fair_value": 5.794975, "relative_strength": -5.705786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.213653, "energy": 19.339396, "activity_lines": [ 5.48829, 5.464922, 5.519944, 5.592543 ] }, { "date": "2024-05-17", "close": 5.892652, "volume": 65983140, "typical_volume": 102260389.8, "trend": 5.690471, "fair_value": 5.799786, "relative_strength": -0.606809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.316143, "energy": 14.418057, "activity_lines": [ 5.63985, 5.543127, 5.549477, 5.605353 ] }, { "date": "2024-05-24", "close": 5.76537, "volume": 90103508, "typical_volume": 105041283.05, "trend": 5.686834, "fair_value": 5.802979, "relative_strength": -0.704097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.857267, "energy": 40.445727, "activity_lines": [ 5.708971, 5.590584, 5.565761, 5.610185 ] }, { "date": "2024-05-31", "close": 5.671319, "volume": 44159300, "typical_volume": 105757347.8, "trend": 5.670363, "fair_value": 5.806157, "relative_strength": -2.349919, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.742314, "energy": 40.862509, "activity_lines": [ 5.721277, 5.616642, 5.572915, 5.609184 ] }, { "date": "2024-06-07", "close": 5.49262, "volume": 49710634, "typical_volume": 106599820.9, "trend": 5.659757, "fair_value": 5.808297, "relative_strength": -4.375028, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -13.392539, "energy": 21.098321, "activity_lines": [ 5.654824, 5.606628, 5.563541, 5.597717 ] }, { "date": "2024-06-14", "close": 5.229276, "volume": 46112663, "typical_volume": 106696595.55, "trend": 5.640978, "fair_value": 5.806608, "relative_strength": -8.382859, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.111974, "energy": 28.126234, "activity_lines": [ 5.503614, 5.547904, 5.530169, 5.569944 ] }, { "date": "2024-06-21", "close": 5.144629, "volume": 60068417, "typical_volume": 95542756.55, "trend": 5.618166, "fair_value": 5.805073, "relative_strength": -8.807232, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.210914, "energy": 55.454108, "activity_lines": [ 5.348408, 5.478908, 5.489729, 5.537921 ] }, { "date": "2024-06-28", "close": 5.022362, "volume": 39684808, "typical_volume": 70535295.4, "trend": 5.587641, "fair_value": 5.801649, "relative_strength": -10.047928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.134264, "energy": 78.94514, "activity_lines": [ 5.202314, 5.390369, 5.444238, 5.499482 ] }, { "date": "2024-07-05", "close": 5.022362, "volume": 30511113, "typical_volume": 62258875.95, "trend": 5.559237, "fair_value": 5.794877, "relative_strength": -9.525004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.406687, "energy": 82.578463, "activity_lines": [ 5.105754, 5.308395, 5.401375, 5.463013 ] }, { "date": "2024-07-12", "close": 5.031766, "volume": 37446521, "typical_volume": 56180375.25, "trend": 5.526601, "fair_value": 5.790416, "relative_strength": -9.966263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.84521, "energy": 81.429255, "activity_lines": [ 5.055593, 5.234695, 5.361214, 5.428982 ] }, { "date": "2024-07-19", "close": 5.059983, "volume": 43401767, "typical_volume": 51952700.25, "trend": 5.499451, "fair_value": 5.787068, "relative_strength": -9.754847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.467009, "energy": 76.663783, "activity_lines": [ 5.045561, 5.17533, 5.326368, 5.398878 ] }, { "date": "2024-07-26", "close": 5.116414, "volume": 37573749, "typical_volume": 49632894.0, "trend": 5.481458, "fair_value": 5.782491, "relative_strength": -5.906577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.25558, "energy": 52.533417, "activity_lines": [ 5.065626, 5.135908, 5.299562, 5.374166 ] }, { "date": "2024-08-02", "close": 5.379758, "volume": 53261369, "typical_volume": 48934768.65, "trend": 5.469818, "fair_value": 5.779273, "relative_strength": -1.624698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.768408, "energy": 31.56691, "activity_lines": [ 5.175353, 5.15848, 5.29954, 5.367604 ] }, { "date": "2024-08-09", "close": 5.229276, "volume": 37782406, "typical_volume": 48159330.15, "trend": 5.451646, "fair_value": 5.775309, "relative_strength": -2.941028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.037931, "energy": 22.601138, "activity_lines": [ 5.211092, 5.160703, 5.285897, 5.352086 ] }, { "date": "2024-08-16", "close": 5.107008, "volume": 23672554, "typical_volume": 46547852.95, "trend": 5.431217, "fair_value": 5.767324, "relative_strength": -5.599924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.66725, "energy": 22.145338, "activity_lines": [ 5.192282, 5.148733, 5.261777, 5.329851 ] }, { "date": "2024-08-23", "close": 4.853069, "volume": 32106802, "typical_volume": 46539494.65, "trend": 5.41172, "fair_value": 5.763089, "relative_strength": -9.33498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.382514, "energy": 38.599283, "activity_lines": [ 5.083809, 5.097603, 5.215091, 5.292551 ] }, { "date": "2024-08-30", "close": 4.796638, "volume": 37523062, "typical_volume": 45752740.95, "trend": 5.353968, "fair_value": 5.760578, "relative_strength": -9.799891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.929998, "energy": 64.576834, "activity_lines": [ 4.97032, 5.043053, 5.166163, 5.252868 ] }, { "date": "2024-09-06", "close": 4.646155, "volume": 31743050, "typical_volume": 44299159.55, "trend": 5.323027, "fair_value": 5.757267, "relative_strength": -9.938634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.420546, "energy": 83.816242, "activity_lines": [ 4.827988, 4.96747, 5.105264, 5.207203 ] }, { "date": "2024-09-13", "close": 4.683775, "volume": 23127240, "typical_volume": 43673371.85, "trend": 5.2991, "fair_value": 5.753813, "relative_strength": -6.860796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.07225, "energy": 86.337838, "activity_lines": [ 4.747104, 4.905567, 5.051459, 5.165961 ] }, { "date": "2024-09-20", "close": 4.740207, "volume": 14561557, "typical_volume": 42718776.0, "trend": 5.270991, "fair_value": 5.75138, "relative_strength": -6.611056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.477342, "energy": 82.429369, "activity_lines": [ 4.721396, 4.86008, 5.006359, 5.129903 ] }, { "date": "2024-09-27", "close": 5.323327, "volume": 56836181, "typical_volume": 42768492.05, "trend": 5.261107, "fair_value": 5.752355, "relative_strength": -6.754174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.727849, "energy": 34.113934, "activity_lines": [ 4.914516, 4.925916, 5.020594, 5.13328 ] }, { "date": "2024-10-04", "close": 5.70894, "volume": 38291711, "typical_volume": 41383920.6, "trend": 5.268927, "fair_value": 5.754485, "relative_strength": -7.165598, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.283496, "energy": 17.576258, "activity_lines": [ 5.204822, 5.057076, 5.072836, 5.162172 ] }, { "date": "2024-10-11", "close": 5.502026, "volume": 113761246, "typical_volume": 42566807.5, "trend": 5.268031, "fair_value": 5.75441, "relative_strength": -6.915471, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.445691, "energy": 34.709231, "activity_lines": [ 5.365337, 5.139841, 5.106247, 5.177211 ] }, { "date": "2024-10-18", "close": 5.520835, "volume": 75268640, "typical_volume": 44122274.5, "trend": 5.26958, "fair_value": 5.755773, "relative_strength": -7.609689, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.836453, "energy": 40.34299, "activity_lines": [ 5.475064, 5.223803, 5.142703, 5.193521 ] }, { "date": "2024-10-25", "close": 5.530241, "volume": 53986677, "typical_volume": 44336076.65, "trend": 5.272353, "fair_value": 5.756538, "relative_strength": -8.239433, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.761352, "energy": 49.904504, "activity_lines": [ 5.532122, 5.304175, 5.180772, 5.210338 ] }, { "date": "2024-11-01", "close": 5.624293, "volume": 88411225, "typical_volume": 46451004.75, "trend": 5.276139, "fair_value": 5.759277, "relative_strength": -5.566962, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.07748, "energy": 55.903907, "activity_lines": [ 5.567862, 5.393952, 5.227618, 5.233044 ] }, { "date": "2024-11-08", "close": 6.03812, "volume": 107504189, "typical_volume": 48822793.35, "trend": 5.300994, "fair_value": 5.764505, "relative_strength": -3.741884, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.370401, "energy": 65.990248, "activity_lines": [ 5.721479, 5.544947, 5.311996, 5.282204 ] }, { "date": "2024-11-15", "close": 5.887638, "volume": 85011503, "typical_volume": 51089128.1, "trend": 5.317801, "fair_value": 5.769262, "relative_strength": -2.572229, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.18188, "energy": 68.637968, "activity_lines": [ 5.802991, 5.64601, 5.377788, 5.320052 ] }, { "date": "2024-11-22", "close": 5.915854, "volume": 93194367, "typical_volume": 54223290.8, "trend": 5.335549, "fair_value": 5.774474, "relative_strength": -0.098161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.05518, "energy": 68.830281, "activity_lines": [ 5.868201, 5.729631, 5.442146, 5.358636 ] }, { "date": "2024-11-29", "close": 6.075741, "volume": 62951231, "typical_volume": 55498526.3, "trend": 5.353474, "fair_value": 5.781864, "relative_strength": 0.909051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.888822, "energy": 74.191775, "activity_lines": [ 5.960371, 5.819921, 5.517477, 5.40639 ] }, { "date": "2024-12-06", "close": 6.150983, "volume": 64173532, "typical_volume": 56537114.55, "trend": 5.372088, "fair_value": 5.790011, "relative_strength": -0.03182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.403742, "energy": 71.281013, "activity_lines": [ 6.041256, 5.899608, 5.595003, 5.457842 ] }, { "date": "2024-12-13", "close": 6.263844, "volume": 106701629, "typical_volume": 59993508.55, "trend": 5.384461, "fair_value": 5.798167, "relative_strength": 2.361793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.916314, "energy": 69.7259, "activity_lines": [ 6.124648, 5.984767, 5.678082, 5.515375 ] }, { "date": "2024-12-20", "close": 6.023587, "volume": 60572015, "typical_volume": 60359040.85, "trend": 5.393068, "fair_value": 5.804674, "relative_strength": -0.648356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.39614, "energy": 52.507102, "activity_lines": [ 6.112906, 6.016155, 5.732815, 5.556609 ] }, { "date": "2024-12-27", "close": 6.235957, "volume": 58416777, "typical_volume": 61390759.4, "trend": 5.411889, "fair_value": 5.812707, "relative_strength": 2.000273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.598202, "energy": 55.459178, "activity_lines": [ 6.162891, 6.076672, 5.804708, 5.610989 ] }, { "date": "2025-01-03", "close": 5.762951, "volume": 43293973, "typical_volume": 62371830.35, "trend": 5.420901, "fair_value": 5.816829, "relative_strength": -0.057144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.771478, "energy": 37.870299, "activity_lines": [ 6.033868, 6.038185, 5.826759, 5.633638 ] }, { "date": "2025-01-10", "close": 5.579541, "volume": 38494989, "typical_volume": 62691239.7, "trend": 5.432576, "fair_value": 5.819446, "relative_strength": -1.706087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.44153, "energy": 20.881126, "activity_lines": [ 5.86456, 5.962121, 5.82822, 5.643873 ] }, { "date": "2025-01-17", "close": 5.647113, "volume": 35514400, "typical_volume": 62590806.6, "trend": 5.449325, "fair_value": 5.822058, "relative_strength": -2.510973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.669205, "energy": 23.086273, "activity_lines": [ 5.755872, 5.899155, 5.832656, 5.657714 ] }, { "date": "2025-01-24", "close": 5.724339, "volume": 28994026, "typical_volume": 62453355.4, "trend": 5.472725, "fair_value": 5.824726, "relative_strength": -1.336068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.256736, "energy": 25.087685, "activity_lines": [ 5.714042, 5.857341, 5.840397, 5.675457 ] }, { "date": "2025-01-31", "close": 5.878789, "volume": 11724957, "typical_volume": 61883241.25, "trend": 5.501272, "fair_value": 5.827725, "relative_strength": 1.866883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.229642, "energy": 19.280573, "activity_lines": [ 5.743645, 5.846577, 5.857714, 5.701654 ] }, { "date": "2025-02-07", "close": 5.898096, "volume": 24099762, "typical_volume": 62360151.5, "trend": 5.53015, "fair_value": 5.830683, "relative_strength": 0.839931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.119675, "energy": 13.61979, "activity_lines": [ 5.803495, 5.839997, 5.871178, 5.727256 ] }, { "date": "2025-02-14", "close": 5.888443, "volume": 30225383, "typical_volume": 61029611.6, "trend": 5.557765, "fair_value": 5.834457, "relative_strength": -0.484876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.614699, "energy": 20.97679, "activity_lines": [ 5.851117, 5.834892, 5.87821, 5.750372 ] }, { "date": "2025-02-21", "close": 5.859483, "volume": 38040070, "typical_volume": 61017029.55, "trend": 5.582534, "fair_value": 5.837662, "relative_strength": -1.790899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.119521, "energy": 23.918893, "activity_lines": [ 5.868493, 5.829295, 5.879793, 5.769837 ] }, { "date": "2025-02-28", "close": 5.82087, "volume": 38520255, "typical_volume": 57254980.0, "trend": 5.597238, "fair_value": 5.841497, "relative_strength": -0.615483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.756994, "energy": 21.777065, "activity_lines": [ 5.858839, 5.82403, 5.876981, 5.785214 ] }, { "date": "2025-03-07", "close": 5.830523, "volume": 36519531, "typical_volume": 55317524.55, "trend": 5.61728, "fair_value": 5.842485, "relative_strength": -1.902062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.397638, "energy": 17.225732, "activity_lines": [ 5.845968, 5.824205, 5.87357, 5.800264 ] }, { "date": "2025-03-14", "close": 6.583472, "volume": 182265623, "typical_volume": 61731471.85, "trend": 5.666495, "fair_value": 5.846818, "relative_strength": 9.10609, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.273615, "energy": 59.678068, "activity_lines": [ 6.087298, 5.968652, 5.940394, 5.862599 ] }, { "date": "2025-03-21", "close": 6.48694, "volume": 103885508, "typical_volume": 62505186.0, "trend": 5.720957, "fair_value": 5.852947, "relative_strength": 9.098188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.878713, "energy": 74.180833, "activity_lines": [ 6.250759, 6.080629, 5.993009, 5.915531 ] }, { "date": "2025-03-28", "close": 6.48694, "volume": 72762324, "typical_volume": 60768092.75, "trend": 5.777301, "fair_value": 5.857155, "relative_strength": 9.366427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.644535, "energy": 79.120493, "activity_lines": [ 6.374319, 6.176107, 6.041516, 5.96495 ] }, { "date": "2025-04-04", "close": 6.651044, "volume": 106755140, "typical_volume": 61855274.6, "trend": 5.84413, "fair_value": 5.862196, "relative_strength": 12.207756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.46479, "energy": 84.953258, "activity_lines": [ 6.510751, 6.286154, 6.103515, 6.02132 ] }, { "date": "2025-04-11", "close": 6.409714, "volume": 97277376, "typical_volume": 62059425.05, "trend": 5.901662, "fair_value": 5.865305, "relative_strength": 11.32844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.089662, "energy": 72.011576, "activity_lines": [ 6.511395, 6.335473, 6.138895, 6.057809 ] }, { "date": "2025-04-18", "close": 6.313183, "volume": 61046181, "typical_volume": 61964172.55, "trend": 5.954094, "fair_value": 5.867741, "relative_strength": 8.164006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.339042, "energy": 47.044614, "activity_lines": [ 6.441248, 6.357587, 6.16273, 6.084359 ] }, { "date": "2025-04-25", "close": 6.390408, "volume": 76605662, "typical_volume": 62585779.05, "trend": 5.989664, "fair_value": 5.870288, "relative_strength": 8.647645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.945169, "energy": 39.079178, "activity_lines": [ 6.414863, 6.386196, 6.192789, 6.112508 ] }, { "date": "2025-05-02", "close": 6.129772, "volume": 55405340, "typical_volume": 60020964.6, "trend": 6.003691, "fair_value": 5.868858, "relative_strength": 4.629231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.381608, "energy": 20.898322, "activity_lines": [ 6.308034, 6.358289, 6.196885, 6.121548 ] }, { "date": "2025-05-09", "close": 6.197344, "volume": 45827691, "typical_volume": 59283748.4, "trend": 6.026869, "fair_value": 5.87154, "relative_strength": 3.69853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.111454, "energy": 19.387495, "activity_lines": [ 6.247541, 6.337754, 6.208055, 6.134041 ] }, { "date": "2025-05-16", "close": 6.795842, "volume": 231550728, "typical_volume": 67940445.95, "trend": 6.069369, "fair_value": 5.881185, "relative_strength": 12.671702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.294501, "energy": 29.846073, "activity_lines": [ 6.416793, 6.419192, 6.275397, 6.183653 ] }, { "date": "2025-05-23", "close": 6.531988, "volume": 108384234, "typical_volume": 71194959.0, "trend": 6.10276, "fair_value": 5.886451, "relative_strength": 8.816073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.122443, "energy": 29.397009, "activity_lines": [ 6.472353, 6.435105, 6.314945, 6.213499 ] }, { "date": "2025-05-30", "close": 6.610333, "volume": 59796691, "typical_volume": 72260044.1, "trend": 6.135628, "fair_value": 5.889858, "relative_strength": 9.988173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.241589, "energy": 35.785908, "activity_lines": [ 6.53944, 6.466199, 6.358291, 6.246246 ] }, { "date": "2025-06-06", "close": 6.796402, "volume": 47411346, "typical_volume": 72854891.4, "trend": 6.160904, "fair_value": 5.889739, "relative_strength": 11.571153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.510236, "energy": 53.844155, "activity_lines": [ 6.653889, 6.52888, 6.41445, 6.288876 ] }, { "date": "2025-06-13", "close": 6.57116, "volume": 80315639, "typical_volume": 75420972.05, "trend": 6.183689, "fair_value": 5.889328, "relative_strength": 7.885219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.322726, "energy": 47.922088, "activity_lines": [ 6.648815, 6.544981, 6.443685, 6.315344 ] }, { "date": "2025-06-20", "close": 6.34592, "volume": 44151681, "typical_volume": 77042308.25, "trend": 6.198024, "fair_value": 5.884631, "relative_strength": 4.524958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.967908, "energy": 29.938956, "activity_lines": [ 6.54374, 6.521582, 6.447436, 6.325811 ] }, { "date": "2025-06-27", "close": 6.453643, "volume": 39483659, "typical_volume": 77811503.1, "trend": 6.210621, "fair_value": 5.879384, "relative_strength": 4.089303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.706257, "energy": 21.064584, "activity_lines": [ 6.504567, 6.518929, 6.459221, 6.342302 ] }, { "date": "2025-07-04", "close": 6.434057, "volume": 36554003, "typical_volume": 78127934.1, "trend": 6.220057, "fair_value": 5.875985, "relative_strength": 2.172897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.43335, "energy": 16.872398, "activity_lines": [ 6.464089, 6.510161, 6.466496, 6.356718 ] }, { "date": "2025-07-11", "close": 6.541781, "volume": 50306957, "typical_volume": 78741278.45, "trend": 6.229321, "fair_value": 5.876208, "relative_strength": 2.578018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.725424, "energy": 18.03122, "activity_lines": [ 6.471271, 6.520185, 6.481432, 6.377474 ] }, { "date": "2025-07-18", "close": 6.434057, "volume": 47548914, "typical_volume": 79192711.4, "trend": 6.243004, "fair_value": 5.876867, "relative_strength": 0.064047, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.761948, "energy": 13.871326, "activity_lines": [ 6.459519, 6.503133, 6.48286, 6.390683 ] }, { "date": "2025-07-25", "close": 6.698471, "volume": 90244766, "typical_volume": 81878973.15, "trend": 6.258421, "fair_value": 5.878094, "relative_strength": 2.359083, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.675637, "energy": 27.009897, "activity_lines": [ 6.545046, 6.529851, 6.50655, 6.420068 ] }, { "date": "2025-08-01", "close": 6.620126, "volume": 116070498, "typical_volume": 78569216.9, "trend": 6.286993, "fair_value": 5.881243, "relative_strength": 2.111074, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.19768, "energy": 27.626223, "activity_lines": [ 6.580954, 6.544096, 6.518646, 6.443404 ] }, { "date": "2025-08-08", "close": 6.962884, "volume": 80375036, "typical_volume": 77393693.3, "trend": 6.333105, "fair_value": 5.886419, "relative_strength": 5.078737, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.81027, "energy": 48.194162, "activity_lines": [ 6.720015, 6.619058, 6.56321, 6.487009 ] }, { "date": "2025-08-15", "close": 6.894332, "volume": 102326571, "typical_volume": 78871905.65, "trend": 6.374679, "fair_value": 5.891044, "relative_strength": 2.210786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.888934, "energy": 62.811168, "activity_lines": [ 6.800972, 6.675145, 6.598979, 6.523218 ] }, { "date": "2025-08-22", "close": 8.265364, "volume": 187531020, "typical_volume": 82910699.65, "trend": 6.459379, "fair_value": 5.904851, "relative_strength": 17.833822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.602984, "energy": 89.991028, "activity_lines": [ 7.315435, 6.978731, 6.763383, 6.645197 ] }, { "date": "2025-08-29", "close": 9.029225, "volume": 404043140, "typical_volume": 98248987.85, "trend": 6.564394, "fair_value": 5.925867, "relative_strength": 26.782292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.700234, "energy": 98.26576, "activity_lines": [ 7.962431, 7.390397, 6.992849, 6.810994 ] }, { "date": "2025-09-05", "close": 8.490605, "volume": 203894341, "typical_volume": 105391395.85, "trend": 6.650811, "fair_value": 5.942696, "relative_strength": 19.955674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.817469, "energy": 91.791652, "activity_lines": [ 8.274504, 7.655344, 7.158543, 6.935266 ] }, { "date": "2025-09-12", "close": 9.087983, "volume": 218372839, "typical_volume": 112479754.7, "trend": 6.757462, "fair_value": 5.963637, "relative_strength": 25.667049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.709817, "energy": 94.561025, "activity_lines": [ 8.661005, 7.99187, 7.370762, 7.092502 ] }, { "date": "2025-09-19", "close": 9.401362, "volume": 222210474, "typical_volume": 120820011.4, "trend": 6.875525, "fair_value": 5.986756, "relative_strength": 30.738252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.155051, "energy": 92.850821, "activity_lines": [ 9.010291, 8.337121, 7.599981, 7.263077 ] }, { "date": "2025-09-26", "close": 9.920396, "volume": 195746689, "typical_volume": 128315961.3, "trend": 7.012176, "fair_value": 6.013879, "relative_strength": 36.458089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.321686, "energy": 78.40581, "activity_lines": [ 9.365454, 8.724749, 7.863052, 7.45952 ] }, { "date": "2025-10-03", "close": 9.822465, "volume": 61692225, "typical_volume": 119823036.15, "trend": 7.14524, "fair_value": 6.039021, "relative_strength": 32.113332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.650319, "energy": 71.187665, "activity_lines": [ 9.577638, 9.031183, 8.099068, 7.640829 ] }, { "date": "2025-10-10", "close": 9.479708, "volume": 52786658, "typical_volume": 117043157.35, "trend": 7.241782, "fair_value": 6.065178, "relative_strength": 26.121613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.10653, "energy": 65.882514, "activity_lines": [ 9.622686, 9.218499, 8.288028, 7.79144 ] }, { "date": "2025-10-17", "close": 7.951985, "volume": 192640862, "typical_volume": 123685365.9, "trend": 7.290616, "fair_value": 6.081543, "relative_strength": 6.970802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.248248, "energy": 49.136811, "activity_lines": [ 9.092554, 9.076054, 8.317454, 7.837259 ] }, { "date": "2025-10-24", "close": 8.373089, "volume": 108517165, "typical_volume": 126740656.85, "trend": 7.353488, "fair_value": 6.10196, "relative_strength": 9.002879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.438396, "energy": 31.230841, "activity_lines": [ 8.778522, 8.992189, 8.380596, 7.907096 ] }, { "date": "2025-10-31", "close": 7.90302, "volume": 128679814, "typical_volume": 129158865.6, "trend": 7.395221, "fair_value": 6.118461, "relative_strength": 2.4837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.440812, "energy": 25.835551, "activity_lines": [ 8.376353, 8.795972, 8.391462, 7.94255 ] }, { "date": "2025-11-07", "close": 7.667986, "volume": 130940794, "typical_volume": 133498321.25, "trend": 7.437163, "fair_value": 6.129567, "relative_strength": -1.791743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.788451, "energy": 24.947568, "activity_lines": [ 8.03033, 8.563608, 8.373601, 7.960148 ] }, { "date": "2025-11-14", "close": 7.805089, "volume": 103703335, "typical_volume": 136709305.05, "trend": 7.486893, "fair_value": 6.144032, "relative_strength": -0.044096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.257424, "energy": 22.438799, "activity_lines": [ 7.873641, 8.380923, 8.362502, 7.983885 ] }, { "date": "2025-11-21", "close": 7.090194, "volume": 106235802, "typical_volume": 140193395.0, "trend": 7.510219, "fair_value": 6.15087, "relative_strength": -5.550604, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.942668, "energy": 26.881706, "activity_lines": [ 7.590294, 8.08072, 8.276883, 7.958291 ] }, { "date": "2025-11-28", "close": 7.267224, "volume": 55543041, "typical_volume": 140455199.2, "trend": 7.548134, "fair_value": 6.158336, "relative_strength": -4.569079, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.614244, "energy": 36.50059, "activity_lines": [ 7.42341, 7.849028, 8.204999, 7.942614 ] }, { "date": "2025-12-05", "close": 8.029589, "volume": 184025942, "typical_volume": 147279050.6, "trend": 7.609209, "fair_value": 6.171083, "relative_strength": 4.800353, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.214499, "energy": 30.266372, "activity_lines": [ 7.584372, 7.794751, 8.202267, 7.973676 ] }, { "date": "2025-12-12", "close": 7.960283, "volume": 97360209, "typical_volume": 147634822.75, "trend": 7.648024, "fair_value": 6.182202, "relative_strength": 4.051576, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 1.044244, "energy": 17.305253, "activity_lines": [ 7.713795, 7.76225, 8.185336, 7.996326 ] }, { "date": "2025-12-19", "close": 7.989985, "volume": 94530070, "typical_volume": 146557801.35, "trend": 7.696624, "fair_value": 6.192666, "relative_strength": 4.140116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.751049, "energy": 11.564484, "activity_lines": [ 7.833631, 7.769008, 8.165225, 8.018388 ] }, { "date": "2025-12-26", "close": 8.326614, "volume": 144006916, "typical_volume": 149739395.35, "trend": 7.753833, "fair_value": 6.205626, "relative_strength": 6.246262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.952077, "energy": 22.789192, "activity_lines": [ 8.053351, 7.864057, 8.170652, 8.059032 ] }, { "date": "2026-01-02", "close": 8.316713, "volume": 63390916, "typical_volume": 147792612.6, "trend": 7.80451, "fair_value": 6.218861, "relative_strength": 5.672574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.728177, "energy": 24.859181, "activity_lines": [ 8.187342, 7.950495, 8.168641, 8.095347 ] }, { "date": "2026-01-09", "close": 9.20779, "volume": 169111498, "typical_volume": 146871636.5, "trend": 7.892398, "fair_value": 6.240345, "relative_strength": 12.175187, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.018166, "energy": 40.246998, "activity_lines": [ 8.548393, 8.199971, 8.244722, 8.185881 ] }, { "date": "2026-01-16", "close": 8.445425, "volume": 159434787, "typical_volume": 134641218.85, "trend": 7.962382, "fair_value": 6.25649, "relative_strength": 3.036672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.435249, "energy": 38.204088, "activity_lines": [ 8.576776, 8.287113, 8.243708, 8.22156 ] }, { "date": "2026-01-23", "close": 8.435525, "volume": 91020839, "typical_volume": 128997543.75, "trend": 8.028444, "fair_value": 6.271332, "relative_strength": 1.789812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.185257, "energy": 35.138652, "activity_lines": [ 8.569516, 8.358319, 8.244532, 8.252086 ] }, { "date": "2026-01-30", "close": 7.772167, "volume": 86154962, "typical_volume": 122386649.9, "trend": 8.073048, "fair_value": 6.281753, "relative_strength": -5.871188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.66749, "energy": 16.318779, "activity_lines": [ 8.311434, 8.297452, 8.182441, 8.235552 ] }, { "date": "2026-02-06", "close": 7.732564, "volume": 48153349, "typical_volume": 113683793.65, "trend": 8.112741, "fair_value": 6.291582, "relative_strength": -5.2506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.971007, "energy": 13.888105, "activity_lines": [ 8.077114, 8.216985, 8.122844, 8.213585 ] }, { "date": "2026-02-13", "close": 7.910779, "volume": 71988037, "typical_volume": 107495861.05, "trend": 8.161965, "fair_value": 6.301764, "relative_strength": -3.623231, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.485565, "energy": 18.099572, "activity_lines": [ 7.941142, 8.16046, 8.088167, 8.200555 ] }, { "date": "2026-02-27", "close": 7.890977, "volume": 42985127, "typical_volume": 106560506.15, "trend": 8.201715, "fair_value": 6.311198, "relative_strength": -5.876019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.335892, "energy": 32.478146, "activity_lines": [ 7.885037, 8.102495, 8.061173, 8.183072 ] }, { "date": "2026-03-06", "close": 7.613754, "volume": 59582468, "typical_volume": 106900296.65, "trend": 8.234836, "fair_value": 6.31942, "relative_strength": -8.412452, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.79612, "energy": 52.106701, "activity_lines": [ 7.773487, 7.995386, 8.016975, 8.145139 ] }, { "date": "2026-03-13", "close": 7.821671, "volume": 92899998, "typical_volume": 101913253.45, "trend": 8.263462, "fair_value": 6.328467, "relative_strength": -5.414323, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.027768, "energy": 46.282652, "activity_lines": [ 7.786028, 7.932921, 8.001464, 8.118483 ] }, { "date": "2026-03-20", "close": 7.039505, "volume": 67189917, "typical_volume": 99846891.05, "trend": 8.268301, "fair_value": 6.330696, "relative_strength": -11.772717, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.016544, "energy": 61.366777, "activity_lines": [ 7.534547, 7.737424, 7.912081, 8.039518 ] }, { "date": "2026-03-27", "close": 6.831587, "volume": 66743744, "typical_volume": 96750087.55, "trend": 8.220509, "fair_value": 6.333509, "relative_strength": -13.27988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.444128, "energy": 72.173166, "activity_lines": [ 7.259964, 7.527346, 7.809248, 7.946827 ] }, { "date": "2026-04-03", "close": 6.821686, "volume": 64409973, "typical_volume": 93423546.5, "trend": 8.146924, "fair_value": 6.334906, "relative_strength": -12.506693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.072914, "energy": 75.516168, "activity_lines": [ 7.054026, 7.358672, 7.710573, 7.856581 ] }, { "date": "2026-04-10", "close": 6.9801, "volume": 26638886, "typical_volume": 89570324.05, "trend": 8.096574, "fair_value": 6.337713, "relative_strength": -12.658564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.347949, "energy": 73.858156, "activity_lines": [ 6.972179, 7.248323, 7.631015, 7.781302 ] }, { "date": "2026-04-17", "close": 7.435539, "volume": 111014472, "typical_volume": 89809257.55, "trend": 8.041492, "fair_value": 6.345863, "relative_strength": -8.330289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.022513, "energy": 61.937513, "activity_lines": [ 7.084389, 7.247243, 7.598761, 7.738654 ] }, { "date": "2026-04-24", "close": 7.098909, "volume": 92957659, "typical_volume": 91679988.45, "trend": 7.964744, "fair_value": 6.352024, "relative_strength": -12.93515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.827518, "energy": 44.305096, "activity_lines": [ 7.110131, 7.191078, 7.532803, 7.677842 ] }, { "date": "2026-05-01", "close": 6.9801, "volume": 55426206, "typical_volume": 85250001.65, "trend": 7.866734, "fair_value": 6.356916, "relative_strength": -14.865648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.347532, "energy": 40.519706, "activity_lines": [ 7.092309, 7.124832, 7.45633, 7.614317 ] }, { "date": "2026-05-08", "close": 7.752366, "volume": 119731430, "typical_volume": 86368562.7, "trend": 7.797731, "fair_value": 6.366985, "relative_strength": -6.96686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.264517, "energy": 17.836421, "activity_lines": [ 7.322009, 7.21592, 7.458405, 7.606938 ] }, { "date": "2026-05-15", "close": 7.138513, "volume": 164572022, "typical_volume": 89870660.3, "trend": 7.719691, "fair_value": 6.372442, "relative_strength": -13.303107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.451326, "energy": 22.607968, "activity_lines": [ 7.285046, 7.197918, 7.403007, 7.564408 ] }, { "date": "2026-05-22", "close": 6.95, "volume": 149655720, "typical_volume": 90153100.5, "trend": 7.686291, "fair_value": 6.376577, "relative_strength": -14.861078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.021573, "energy": 26.197349, "activity_lines": [ 7.174684, 7.154282, 7.333711, 7.514751 ] }, { "date": "2026-05-29", "close": 5.99, "volume": 139930262, "typical_volume": 93980067.8, "trend": 7.606855, "fair_value": 6.375856, "relative_strength": -25.476226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.559118, "energy": 45.463859, "activity_lines": [ 6.776691, 6.95195, 7.179541, 7.405313 ] }, { "date": "2026-06-05", "close": 5.71, "volume": 12218569, "typical_volume": 86135421.35, "trend": 7.533754, "fair_value": 6.375707, "relative_strength": -27.848366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.007798, "energy": 78.101754, "activity_lines": [ 6.359293, 6.71779, 7.009784, 7.282935 ] }, { "date": "2026-06-12", "close": 5.3, "volume": 15567835, "typical_volume": 78942073.75, "trend": 7.454822, "fair_value": 6.373656, "relative_strength": -32.634993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.452954, "energy": 88.01024, "activity_lines": [ 5.889901, 6.429477, 6.817635, 7.138822 ] }, { "date": "2026-06-19", "close": 5.23, "volume": 51144870, "typical_volume": 76948275.3, "trend": 7.368985, "fair_value": 6.371099, "relative_strength": -34.04936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.887601, "energy": 92.060754, "activity_lines": [ 5.560667, 6.156103, 6.633799, 6.995285 ] }, { "date": "2026-06-26", "close": 4.8, "volume": 20968900, "typical_volume": 73688972.2, "trend": 7.292646, "fair_value": 6.365844, "relative_strength": -38.093654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.03993, "energy": 93.402488, "activity_lines": [ 5.215333, 5.836368, 6.424274, 6.829544 ] }, { "date": "2026-07-03", "close": 5.02, "volume": 12191114, "typical_volume": 71890860.45, "trend": 7.217738, "fair_value": 6.362407, "relative_strength": -35.101537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.923287, "energy": 88.882016, "activity_lines": [ 5.086667, 5.604552, 6.249854, 6.682921 ] }, { "date": "2026-07-10", "close": 4.92, "volume": 68053550, "typical_volume": 71694136.1, "trend": 7.114085, "fair_value": 6.359261, "relative_strength": -35.233757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.720674, "energy": 86.413048, "activity_lines": [ 4.989333, 5.392353, 6.078828, 6.53468 ] }, { "date": "2026-07-17", "close": 5.01, "volume": 88146257, "typical_volume": 73952192.6, "trend": 7.015742, "fair_value": 6.355702, "relative_strength": -29.604712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.168125, "energy": 72.396242, "activity_lines": [ 4.974667, 5.233973, 5.930615, 6.398933 ] }, { "date": "2026-07-24", "close": 4.83, "volume": 78341212, "typical_volume": 74890129.8, "trend": 6.910409, "fair_value": 6.350988, "relative_strength": -32.644733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.27901, "energy": 65.544252, "activity_lines": [ 4.919333, 5.092727, 5.778979, 6.257917 ] }, { "date": "2026-07-31", "close": 5.16, "volume": 61227911, "typical_volume": 73306525.45, "trend": 6.804856, "fair_value": 6.348274, "relative_strength": -28.000876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.613336, "energy": 58.275351, "activity_lines": [ 5.000667, 5.053455, 5.672026, 6.144988 ] }, { "date": "2026-08-07", "close": 5.13, "volume": 59836328, "typical_volume": 72938846.0, "trend": 6.698632, "fair_value": 6.344959, "relative_strength": -29.97597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.190961, "energy": 51.683882, "activity_lines": [ 5.048, 5.041273, 5.574892, 6.036932 ] } ], "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." } } }