{ "ticker": { "uuid": "d4455fa7-bb6b-45fd-8bec-b4c4b2498572", "symbol": "000705", "name": "Zhejiang Zhenyuan Share Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -49.311, "architecture_energy": 44.853, "architecture_maturity": 100.0, "architecture_confidence": 95.025, "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": 17.83, "rotation_up": 27.77, "upward_expansion": 20.4, "deceleration": 46.99, "rotation_down": 40.94, "downward_expansion": 70.4 }, "activity_lines": [ 6.483333, 6.402182, 6.81019, 7.320774 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 6.71, "trend_reference": 7.986667, "distance_from_trend": -0.15985, "trend_direction": "Weakening", "fair_value": 8.266179, "distance_from_fair_value": -0.188259, "fair_value_direction": "Weakening", "relative_strength": -25.69364, "relative_strength_direction": "Improving", "price_momentum": -0.289195, "excess_performance": -0.296595, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.15985, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.115769, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.188259, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.173, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.256936, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014472, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.289195, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.536871, "read": "Supply-led" } ], "volume": { "latest": 28967838, "relative_activity": 1.064767, "balance": 0.536871, "dry_up": 1.236326, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.075433, "annualized_volatility": 0.253125, "from_high_reference": -0.366383, "from_low_reference": 0.133446 }, "levels": { "trend_reference": 7.986667, "fair_value_reference": 8.266179, "structural_low": 5.92, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.037261, "positive_rate": 0.588235, "directional_follow_through": 0.411765, "median_excess_return": -0.007381, "regime_survival": 0.764706, "best_return": 0.159686, "worst_return": -0.171376, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.087791, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.033135, "regime_survival": 0.428571, "best_return": 0.267341, "worst_return": -0.277205, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.149086, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.039628, "regime_survival": 0.2, "best_return": 0.401262, "worst_return": -0.129855, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.205857, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.141493, "regime_survival": 0.333333, "best_return": 0.258242, "worst_return": -0.072194, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": 0.068476, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2024-10-04", "tenure": "Extended", "return": 0.062532, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.032051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.091667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.02578, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.039267, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-05-30", "tenure": "Established", "return": 0.070529, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.012956, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-09-05", "tenure": "Developing", "return": 0.166593, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.022269, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.067251, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2026-01-02", "tenure": "Developing", "return": -0.064116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-03-13", "tenure": "Developing", "return": -0.007576, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.231386, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.090756, "volume": 19129000, "typical_volume": 20562191.55, "trend": 8.011934, "fair_value": 7.605919, "relative_strength": 3.825469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.827917, "energy": 12.465585, "activity_lines": [ 7.979363, 7.923754, 7.950933, 7.990878 ] }, { "date": "2023-08-04", "close": 8.041901, "volume": 18946312, "typical_volume": 20103238.15, "trend": 8.021706, "fair_value": 7.611894, "relative_strength": 1.697963, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.964229, "energy": 15.163234, "activity_lines": [ 8.010632, 7.943297, 7.958052, 7.992812 ] }, { "date": "2023-08-11", "close": 9.096702, "volume": 94322923, "typical_volume": 23588858.2, "trend": 8.066637, "fair_value": 7.624997, "relative_strength": 18.912217, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 60.032734, "energy": 65.474076, "activity_lines": [ 8.381775, 8.157998, 8.066326, 8.062166 ] }, { "date": "2023-08-18", "close": 8.240194, "volume": 375347150, "typical_volume": 41295960.7, "trend": 8.08367, "fair_value": 7.629922, "relative_strength": 10.772372, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.28648, "energy": 45.709619, "activity_lines": [ 8.389279, 8.198147, 8.087727, 8.073364 ] }, { "date": "2023-08-25", "close": 7.954691, "volume": 129967319, "typical_volume": 46852940.65, "trend": 8.084346, "fair_value": 7.631917, "relative_strength": 9.878149, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.399811, "energy": 30.467007, "activity_lines": [ 8.279926, 8.179228, 8.080247, 8.065042 ] }, { "date": "2023-09-01", "close": 8.348488, "volume": 93619408, "typical_volume": 50273087.05, "trend": 8.092937, "fair_value": 7.637544, "relative_strength": 11.100895, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.406216, "energy": 33.442094, "activity_lines": [ 8.301139, 8.229407, 8.110502, 8.082084 ] }, { "date": "2023-09-08", "close": 8.082676, "volume": 42282732, "typical_volume": 51412144.9, "trend": 8.087782, "fair_value": 7.638943, "relative_strength": 9.004344, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 6.769263, "energy": 5.500268, "activity_lines": [ 8.216566, 8.218577, 8.113795, 8.081422 ] }, { "date": "2023-09-15", "close": 8.318954, "volume": 53968340, "typical_volume": 52474660.6, "trend": 8.083337, "fair_value": 7.639949, "relative_strength": 13.237434, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.823784, "energy": 16.562144, "activity_lines": [ 8.208034, 8.246766, 8.137395, 8.096336 ] }, { "date": "2023-09-22", "close": 8.358333, "volume": 92229702, "typical_volume": 56525724.8, "trend": 8.081508, "fair_value": 7.634437, "relative_strength": 12.89069, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.620896, "energy": 19.796441, "activity_lines": [ 8.264478, 8.274947, 8.163194, 8.114078 ] }, { "date": "2023-09-29", "close": 8.466627, "volume": 37653300, "typical_volume": 57320590.3, "trend": 8.080682, "fair_value": 7.636882, "relative_strength": 14.586312, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.2264, "energy": 26.511919, "activity_lines": [ 8.349145, 8.314754, 8.198172, 8.138924 ] }, { "date": "2023-10-13", "close": 8.584767, "volume": 53270544, "typical_volume": 58944696.85, "trend": 8.094544, "fair_value": 7.641315, "relative_strength": 16.017789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.475933, "energy": 42.397146, "activity_lines": [ 8.439062, 8.366542, 8.242379, 8.171446 ] }, { "date": "2023-10-20", "close": 7.974382, "volume": 75342242, "typical_volume": 61335361.3, "trend": 8.087407, "fair_value": 7.644175, "relative_strength": 12.866709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.580673, "energy": 19.240729, "activity_lines": [ 8.309765, 8.298369, 8.226428, 8.163693 ] }, { "date": "2023-10-27", "close": 8.545387, "volume": 55420518, "typical_volume": 63036666.2, "trend": 8.106144, "fair_value": 7.651926, "relative_strength": 17.826603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.095143, "energy": 25.300019, "activity_lines": [ 8.378023, 8.335243, 8.266063, 8.193241 ] }, { "date": "2023-11-03", "close": 8.555232, "volume": 45422810, "typical_volume": 64100621.7, "trend": 8.128467, "fair_value": 7.657647, "relative_strength": 16.600027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.690722, "energy": 24.962525, "activity_lines": [ 8.434468, 8.38393, 8.304332, 8.222214 ] }, { "date": "2023-11-10", "close": 8.998253, "volume": 54505350, "typical_volume": 65576329.2, "trend": 8.161648, "fair_value": 7.666208, "relative_strength": 20.664157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.680939, "energy": 32.668541, "activity_lines": [ 8.625459, 8.507439, 8.381418, 8.278329 ] }, { "date": "2023-11-17", "close": 8.899804, "volume": 29583700, "typical_volume": 66477266.95, "trend": 8.191548, "fair_value": 7.675308, "relative_strength": 18.80148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.996467, "energy": 55.088639, "activity_lines": [ 8.748192, 8.594075, 8.443503, 8.325952 ] }, { "date": "2023-11-24", "close": 9.096702, "volume": 34484926, "typical_volume": 67285598.25, "trend": 8.240714, "fair_value": 7.687455, "relative_strength": 22.636157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.660569, "energy": 69.51551, "activity_lines": [ 8.915556, 8.706486, 8.518394, 8.384349 ] }, { "date": "2023-12-01", "close": 8.919494, "volume": 41939101, "typical_volume": 68662441.85, "trend": 8.271595, "fair_value": 7.698342, "relative_strength": 21.369799, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.483324, "energy": 66.994224, "activity_lines": [ 8.949029, 8.76824, 8.570548, 8.428141 ] }, { "date": "2023-12-08", "close": 8.673371, "volume": 42826489, "typical_volume": 70180211.3, "trend": 8.290039, "fair_value": 7.707653, "relative_strength": 19.656419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.004147, "energy": 54.169094, "activity_lines": [ 8.87552, 8.774326, 8.594525, 8.454062 ] }, { "date": "2023-12-15", "close": 9.648017, "volume": 199605188, "typical_volume": 79493352.7, "trend": 8.343576, "fair_value": 7.721918, "relative_strength": 34.624568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.95875, "energy": 60.97914, "activity_lines": [ 9.119017, 8.951892, 8.707713, 8.541674 ] }, { "date": "2023-12-22", "close": 9.451119, "volume": 291232654, "typical_volume": 93098535.4, "trend": 8.386641, "fair_value": 7.734736, "relative_strength": 33.544533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.641538, "energy": 43.900972, "activity_lines": [ 9.253564, 9.072179, 8.794035, 8.613128 ] }, { "date": "2023-12-29", "close": 10.721113, "volume": 295200238, "typical_volume": 106911231.7, "trend": 8.46976, "fair_value": 7.754957, "relative_strength": 45.484462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.478338, "energy": 71.999936, "activity_lines": [ 9.774689, 9.407622, 8.994831, 8.763739 ] }, { "date": "2024-01-05", "close": 10.504525, "volume": 335455093, "typical_volume": 118967840.2, "trend": 8.551196, "fair_value": 7.776682, "relative_strength": 47.416085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.034857, "energy": 76.030006, "activity_lines": [ 10.115323, 9.653745, 9.162241, 8.895015 ] }, { "date": "2024-01-12", "close": 9.106547, "volume": 237101950, "typical_volume": 112055580.2, "trend": 8.593198, "fair_value": 7.7892, "relative_strength": 28.52805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.089865, "energy": 45.586136, "activity_lines": [ 9.884295, 9.61007, 9.189807, 8.930844 ] }, { "date": "2024-01-19", "close": 8.496161, "volume": 122296535, "typical_volume": 111672041.0, "trend": 8.615832, "fair_value": 7.799713, "relative_strength": 21.919407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.802477, "energy": 25.067242, "activity_lines": [ 9.420928, 9.445391, 9.155115, 8.924583 ] }, { "date": "2024-01-26", "close": 8.378023, "volume": 99076714, "typical_volume": 111944906.3, "trend": 8.640064, "fair_value": 7.80873, "relative_strength": 19.721106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.568446, "energy": 13.90835, "activity_lines": [ 8.994971, 9.268361, 9.106594, 8.909241 ] }, { "date": "2024-02-02", "close": 6.980045, "volume": 75836894, "typical_volume": 113622614.4, "trend": 8.610532, "fair_value": 7.809956, "relative_strength": 7.961722, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.865333, "energy": 36.605846, "activity_lines": [ 8.174561, 8.846641, 8.924791, 8.802143 ] }, { "date": "2024-02-09", "close": 6.901286, "volume": 81361502, "typical_volume": 114992272.5, "trend": 8.57642, "fair_value": 7.812092, "relative_strength": -2.771235, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.074769, "energy": 44.994636, "activity_lines": [ 7.577303, 8.449085, 8.740738, 8.691869 ] }, { "date": "2024-02-23", "close": 7.619965, "volume": 86635287, "typical_volume": 114712551.75, "trend": 8.56659, "fair_value": 7.819143, "relative_strength": 4.029703, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.869928, "energy": 53.290831, "activity_lines": [ 7.459821, 8.218893, 8.631881, 8.630162 ] }, { "date": "2024-03-01", "close": 7.491981, "volume": 88370484, "typical_volume": 117248410.95, "trend": 8.551517, "fair_value": 7.825866, "relative_strength": -1.847884, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.666494, "energy": 56.833429, "activity_lines": [ 7.398782, 7.984585, 8.514352, 8.560832 ] }, { "date": "2024-03-08", "close": 8.141746, "volume": 118958496, "typical_volume": 120532808.55, "trend": 8.553216, "fair_value": 7.836692, "relative_strength": 7.017687, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.271362, "energy": 41.124894, "activity_lines": [ 7.621278, 7.907615, 8.463346, 8.534396 ] }, { "date": "2024-03-15", "close": 7.895623, "volume": 111441578, "typical_volume": 122337775.35, "trend": 8.54834, "fair_value": 7.844649, "relative_strength": 0.900796, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.776121, "energy": 28.45661, "activity_lines": [ 7.777484, 7.809703, 8.391009, 8.49197 ] }, { "date": "2024-03-22", "close": 7.807018, "volume": 78925686, "typical_volume": 123513033.75, "trend": 8.505351, "fair_value": 7.851729, "relative_strength": 0.019076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.435648, "energy": 22.9051, "activity_lines": [ 7.843116, 7.747054, 8.310609, 8.444143 ] }, { "date": "2024-03-29", "close": 7.62981, "volume": 45722059, "typical_volume": 123527996.2, "trend": 8.485005, "fair_value": 7.859212, "relative_strength": -0.738717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.448659, "energy": 22.07267, "activity_lines": [ 7.789298, 7.70123, 8.216848, 8.387657 ] }, { "date": "2024-04-05", "close": 7.935002, "volume": 31500647, "typical_volume": 122377761.05, "trend": 8.484348, "fair_value": 7.868221, "relative_strength": 1.329218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.652719, "energy": 22.116686, "activity_lines": [ 7.836553, 7.737746, 8.15656, 8.352172 ] }, { "date": "2024-04-12", "close": 7.521515, "volume": 31300324, "typical_volume": 122463592.25, "trend": 8.456783, "fair_value": 7.875503, "relative_strength": -0.98731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.840001, "energy": 31.099588, "activity_lines": [ 7.716445, 7.709285, 8.061955, 8.290054 ] }, { "date": "2024-04-19", "close": 7.068649, "volume": 41969712, "typical_volume": 122837831.55, "trend": 8.422982, "fair_value": 7.878958, "relative_strength": -7.663245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.613546, "energy": 52.344004, "activity_lines": [ 7.48673, 7.614058, 7.930783, 8.200497 ] }, { "date": "2024-04-26", "close": 7.245858, "volume": 26251126, "typical_volume": 122053432.8, "trend": 8.387212, "fair_value": 7.881887, "relative_strength": -7.381899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.353024, "energy": 56.362421, "activity_lines": [ 7.371216, 7.549439, 7.826145, 8.124554 ] }, { "date": "2024-05-03", "close": 7.974382, "volume": 56546126, "typical_volume": 122739414.65, "trend": 8.374413, "fair_value": 7.889794, "relative_strength": 0.232854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.27306, "energy": 41.584864, "activity_lines": [ 7.535955, 7.611015, 7.798861, 8.09792 ] }, { "date": "2024-05-10", "close": 8.722595, "volume": 276483934, "typical_volume": 126583351.95, "trend": 8.382946, "fair_value": 7.902375, "relative_strength": 7.536667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.327699, "energy": 10.133742, "activity_lines": [ 7.927126, 7.802185, 7.846163, 8.120383 ] }, { "date": "2024-05-17", "close": 8.328798, "volume": 113538329, "typical_volume": 117698635.7, "trend": 8.374413, "fair_value": 7.91083, "relative_strength": 2.601072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.103657, "energy": 14.394357, "activity_lines": [ 8.134525, 7.899381, 7.860368, 8.116889 ] }, { "date": "2024-05-24", "close": 7.895623, "volume": 69161644, "typical_volume": 106396706.0, "trend": 8.371788, "fair_value": 7.912631, "relative_strength": -0.041652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.808048, "energy": 19.035898, "activity_lines": [ 8.143714, 7.914417, 7.838662, 8.086 ] }, { "date": "2024-05-31", "close": 7.511671, "volume": 56235784, "typical_volume": 92435740.55, "trend": 8.337331, "fair_value": 7.912094, "relative_strength": -4.436988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.617049, "energy": 18.588318, "activity_lines": [ 7.969788, 7.859644, 7.793845, 8.030508 ] }, { "date": "2024-06-07", "close": 7.227751, "volume": 43319131, "typical_volume": 82746599.6, "trend": 8.293082, "fair_value": 7.909613, "relative_strength": -7.026081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.370822, "energy": 27.633749, "activity_lines": [ 7.6835, 7.758618, 7.736239, 7.958923 ] }, { "date": "2024-06-14", "close": 7.277392, "volume": 30205359, "typical_volume": 78142040.8, "trend": 8.23572, "fair_value": 7.906466, "relative_strength": -6.46754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.014839, "energy": 53.377957, "activity_lines": [ 7.463535, 7.673929, 7.692307, 7.893394 ] }, { "date": "2024-06-21", "close": 7.128469, "volume": 26406622, "typical_volume": 74508536.2, "trend": 8.176675, "fair_value": 7.90495, "relative_strength": -6.614377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.92884, "energy": 62.456891, "activity_lines": [ 7.290275, 7.574119, 7.639996, 7.821959 ] }, { "date": "2024-06-28", "close": 7.019258, "volume": 25157122, "typical_volume": 71974547.6, "trend": 8.107427, "fair_value": 7.902302, "relative_strength": -6.017617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.507483, "energy": 68.14948, "activity_lines": [ 7.160634, 7.461599, 7.583234, 7.747287 ] }, { "date": "2024-07-05", "close": 7.098684, "volume": 26959500, "typical_volume": 69254447.5, "trend": 8.046733, "fair_value": 7.901149, "relative_strength": -3.553744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.869341, "energy": 62.805273, "activity_lines": [ 7.115893, 7.364418, 7.533849, 7.682206 ] }, { "date": "2024-07-12", "close": 7.098684, "volume": 28663209, "typical_volume": 66355843.6, "trend": 7.994244, "fair_value": 7.900119, "relative_strength": -5.47039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.067043, "energy": 50.530342, "activity_lines": [ 7.098684, 7.269913, 7.483525, 7.621042 ] }, { "date": "2024-07-19", "close": 7.00933, "volume": 18343421, "typical_volume": 62854490.45, "trend": 7.906287, "fair_value": 7.90067, "relative_strength": -7.300583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.51429, "energy": 43.91686, "activity_lines": [ 7.060295, 7.175083, 7.427173, 7.557499 ] }, { "date": "2024-07-26", "close": 7.307177, "volume": 80390840, "typical_volume": 60926107.65, "trend": 7.834823, "fair_value": 7.9035, "relative_strength": -0.227591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.228138, "energy": 34.104831, "activity_lines": [ 7.139059, 7.165558, 7.401486, 7.518847 ] }, { "date": "2024-08-02", "close": 7.376674, "volume": 56809740, "typical_volume": 58194515.75, "trend": 7.723341, "fair_value": 7.905113, "relative_strength": 0.944357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.900094, "energy": 25.091841, "activity_lines": [ 7.229075, 7.187243, 7.386392, 7.489289 ] }, { "date": "2024-08-09", "close": 7.724163, "volume": 83990589, "typical_volume": 58447760.9, "trend": 7.630663, "fair_value": 7.910493, "relative_strength": 7.250452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.588232, "energy": 12.750038, "activity_lines": [ 7.411092, 7.281544, 7.406863, 7.489342 ] }, { "date": "2024-08-16", "close": 7.287321, "volume": 58248866, "typical_volume": 59074101.25, "trend": 7.570022, "fair_value": 7.913196, "relative_strength": 1.359005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.04077, "energy": 19.019329, "activity_lines": [ 7.405798, 7.292555, 7.386124, 7.467191 ] }, { "date": "2024-08-23", "close": 6.929904, "volume": 29000998, "typical_volume": 58949118.8, "trend": 7.517813, "fair_value": 7.912992, "relative_strength": -1.645563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.29196, "energy": 21.62304, "activity_lines": [ 7.268788, 7.237499, 7.332977, 7.425893 ] }, { "date": "2024-08-30", "close": 7.098684, "volume": 20901098, "typical_volume": 58429157.5, "trend": 7.475169, "fair_value": 7.91373, "relative_strength": -1.397578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.872035, "energy": 24.995971, "activity_lines": [ 7.193333, 7.219447, 7.30069, 7.398852 ] }, { "date": "2024-09-06", "close": 6.979546, "volume": 26683714, "typical_volume": 57664857.6, "trend": 7.475152, "fair_value": 7.914638, "relative_strength": -0.618755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.613694, "energy": 45.382385, "activity_lines": [ 7.092066, 7.180276, 7.25907, 7.366877 ] }, { "date": "2024-09-13", "close": 6.870335, "volume": 17995422, "typical_volume": 57252072.4, "trend": 7.47412, "fair_value": 7.912856, "relative_strength": -0.508757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.644335, "energy": 58.330814, "activity_lines": [ 6.980869, 7.12197, 7.207474, 7.327856 ] }, { "date": "2024-09-20", "close": 6.900119, "volume": 10479702, "typical_volume": 54948751.2, "trend": 7.450125, "fair_value": 7.911887, "relative_strength": -1.360755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.746963, "energy": 56.494587, "activity_lines": [ 6.936523, 7.073232, 7.160502, 7.290824 ] }, { "date": "2024-09-27", "close": 7.803588, "volume": 139597452, "typical_volume": 48104427.1, "trend": 7.460512, "fair_value": 7.915652, "relative_strength": -5.325267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.28316, "energy": 10.492122, "activity_lines": [ 7.219146, 7.19237, 7.204691, 7.313628 ] }, { "date": "2024-10-04", "close": 8.389354, "volume": 40442721, "typical_volume": 44449646.7, "trend": 7.468766, "fair_value": 7.921431, "relative_strength": -7.978818, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.380115, "energy": 30.680535, "activity_lines": [ 7.63878, 7.403571, 7.309043, 7.373553 ] }, { "date": "2024-10-11", "close": 7.744019, "volume": 97274860, "typical_volume": 45855307.5, "trend": 7.463712, "fair_value": 7.920897, "relative_strength": -10.963439, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.983846, "energy": 25.933337, "activity_lines": [ 7.757257, 7.477762, 7.351646, 7.391311 ] }, { "date": "2024-10-18", "close": 7.773804, "volume": 47120603, "typical_volume": 45399548.45, "trend": 7.462605, "fair_value": 7.921549, "relative_strength": -12.985688, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.707589, "energy": 30.694292, "activity_lines": [ 7.834697, 7.550689, 7.397807, 7.411317 ] }, { "date": "2024-10-25", "close": 8.101435, "volume": 67595598, "typical_volume": 46613371.8, "trend": 7.478326, "fair_value": 7.924612, "relative_strength": -11.418063, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.87877, "energy": 56.352517, "activity_lines": [ 7.961116, 7.682283, 7.473924, 7.452532 ] }, { "date": "2024-11-01", "close": 7.992225, "volume": 80326484, "typical_volume": 49119428.05, "trend": 7.480234, "fair_value": 7.928778, "relative_strength": -11.019613, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.701361, "energy": 47.429987, "activity_lines": [ 7.971045, 7.779219, 7.535479, 7.485687 ] }, { "date": "2024-11-08", "close": 8.339712, "volume": 80090977, "typical_volume": 51803645.8, "trend": 7.507507, "fair_value": 7.93312, "relative_strength": -12.789174, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.151045, "energy": 57.206873, "activity_lines": [ 8.084226, 7.920019, 7.626724, 7.541137 ] }, { "date": "2024-11-15", "close": 8.031938, "volume": 76773777, "typical_volume": 54384478.55, "trend": 7.539616, "fair_value": 7.938722, "relative_strength": -12.479003, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.902263, "energy": 48.691129, "activity_lines": [ 8.098126, 7.982296, 7.682889, 7.574971 ] }, { "date": "2024-11-22", "close": 8.012081, "volume": 58144132, "typical_volume": 55943710.15, "trend": 7.565157, "fair_value": 7.945129, "relative_strength": -9.848271, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.028963, "energy": 37.512596, "activity_lines": [ 8.086212, 8.021829, 7.732341, 7.605453 ] }, { "date": "2024-11-29", "close": 8.488636, "volume": 69949569, "typical_volume": 58008028.15, "trend": 7.582299, "fair_value": 7.955399, "relative_strength": -5.778093, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.950384, "energy": 47.534809, "activity_lines": [ 8.217264, 8.127249, 7.82283, 7.665032 ] }, { "date": "2024-12-06", "close": 8.528349, "volume": 61769033, "typical_volume": 60179308.75, "trend": 7.575824, "fair_value": 7.966919, "relative_strength": -6.643751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.276607, "energy": 46.134079, "activity_lines": [ 8.335741, 8.211007, 7.910482, 7.726068 ] }, { "date": "2024-12-13", "close": 8.707058, "volume": 67571947, "typical_volume": 59538364.1, "trend": 7.588433, "fair_value": 7.978714, "relative_strength": -3.783319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.807399, "energy": 55.159839, "activity_lines": [ 8.478046, 8.31408, 8.007921, 7.799051 ] }, { "date": "2024-12-20", "close": 8.488636, "volume": 56677785, "typical_volume": 59531766.35, "trend": 7.6082, "fair_value": 7.988922, "relative_strength": -5.113191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.396134, "energy": 51.829923, "activity_lines": [ 8.523054, 8.371664, 8.077891, 7.857128 ] }, { "date": "2024-12-27", "close": 8.111363, "volume": 54547860, "typical_volume": 58059629.9, "trend": 7.62819, "fair_value": 7.995406, "relative_strength": -8.89355, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.477048, "energy": 37.287428, "activity_lines": [ 8.411858, 8.347114, 8.106636, 7.88959 ] }, { "date": "2025-01-03", "close": 7.575239, "volume": 27628760, "typical_volume": 56528624.6, "trend": 7.639773, "fair_value": 7.997707, "relative_strength": -7.590568, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.797309, "energy": 14.681522, "activity_lines": [ 8.115335, 8.218949, 8.082477, 7.886174 ] }, { "date": "2025-01-10", "close": 7.317105, "volume": 34782124, "typical_volume": 56817680.9, "trend": 7.641096, "fair_value": 7.996737, "relative_strength": -8.960844, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.92066, "energy": 16.429228, "activity_lines": [ 7.79366, 8.053419, 8.032363, 7.865357 ] }, { "date": "2025-01-17", "close": 7.565311, "volume": 22662020, "typical_volume": 56905727.0, "trend": 7.655658, "fair_value": 7.998104, "relative_strength": -8.684251, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.217349, "energy": 28.693977, "activity_lines": [ 7.63547, 7.945291, 8.004044, 7.860467 ] }, { "date": "2025-01-24", "close": 7.505742, "volume": 21948380, "typical_volume": 56668960.3, "trend": 7.671874, "fair_value": 7.997846, "relative_strength": -10.055726, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.082518, "energy": 32.771071, "activity_lines": [ 7.533541, 7.840413, 7.96783, 7.850796 ] }, { "date": "2025-01-31", "close": 7.585167, "volume": 5172736, "typical_volume": 56027826.0, "trend": 7.68809, "fair_value": 7.991258, "relative_strength": -7.421282, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.068184, "energy": 41.787006, "activity_lines": [ 7.523612, 7.759543, 7.936674, 7.845202 ] }, { "date": "2025-02-07", "close": 7.753947, "volume": 15676600, "typical_volume": 56287670.9, "trend": 7.709932, "fair_value": 7.985938, "relative_strength": -8.829294, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.646706, "energy": 28.665781, "activity_lines": [ 7.605024, 7.717122, 7.918188, 7.84945 ] }, { "date": "2025-02-14", "close": 7.883014, "volume": 25062335, "typical_volume": 50560915.05, "trend": 7.739055, "fair_value": 7.980824, "relative_strength": -8.700277, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.574087, "energy": 9.507282, "activity_lines": [ 7.717544, 7.711527, 7.907929, 7.860617 ] }, { "date": "2025-02-21", "close": 7.883014, "volume": 45635273, "typical_volume": 50820542.65, "trend": 7.758249, "fair_value": 7.980808, "relative_strength": -10.446016, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.884911, "energy": 5.836971, "activity_lines": [ 7.792336, 7.717664, 7.897292, 7.869905 ] }, { "date": "2025-02-28", "close": 7.644736, "volume": 29372661, "typical_volume": 47425432.7, "trend": 7.767185, "fair_value": 7.982623, "relative_strength": -9.882426, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.295212, "energy": 6.610167, "activity_lines": [ 7.766523, 7.695461, 7.866372, 7.862581 ] }, { "date": "2025-03-07", "close": 7.744019, "volume": 22023402, "typical_volume": 46170572.65, "trend": 7.767847, "fair_value": 7.984949, "relative_strength": -10.335265, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.726324, "energy": 7.215316, "activity_lines": [ 7.764537, 7.706653, 7.845381, 7.861087 ] }, { "date": "2025-03-14", "close": 8.280144, "volume": 46277436, "typical_volume": 45104664.55, "trend": 7.800941, "fair_value": 7.989593, "relative_strength": -5.149112, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.355653, "energy": 21.644135, "activity_lines": [ 7.93067, 7.822001, 7.875592, 7.894138 ] }, { "date": "2025-03-21", "close": 8.161005, "volume": 110233574, "typical_volume": 46600019.05, "trend": 7.841977, "fair_value": 7.99198, "relative_strength": -3.848406, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.021294, "energy": 25.076315, "activity_lines": [ 8.02201, 7.902871, 7.893604, 7.917368 ] }, { "date": "2025-03-28", "close": 8.041866, "volume": 40986350, "typical_volume": 44644787.7, "trend": 7.873417, "fair_value": 7.990496, "relative_strength": -4.411777, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.387585, "energy": 27.542327, "activity_lines": [ 8.055104, 7.946735, 7.899467, 7.930264 ] }, { "date": "2025-04-04", "close": 8.141148, "volume": 34329975, "typical_volume": 42522597.6, "trend": 7.912137, "fair_value": 7.989461, "relative_strength": -0.865788, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.539795, "energy": 37.543442, "activity_lines": [ 8.110702, 7.999987, 7.916203, 7.947537 ] }, { "date": "2025-04-11", "close": 7.505742, "volume": 52293449, "typical_volume": 42230063.45, "trend": 7.933317, "fair_value": 7.98311, "relative_strength": -3.544125, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.711981, "energy": 16.984394, "activity_lines": [ 7.921404, 7.926157, 7.871904, 7.921318 ] }, { "date": "2025-04-18", "close": 7.605023, "volume": 24991716, "typical_volume": 39982170.8, "trend": 7.956814, "fair_value": 7.969064, "relative_strength": -1.778369, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.830837, "energy": 22.268135, "activity_lines": [ 7.781084, 7.871822, 7.839472, 7.900138 ] }, { "date": "2025-04-25", "close": 7.714234, "volume": 19961800, "typical_volume": 37891809.15, "trend": 7.953836, "fair_value": 7.963987, "relative_strength": -1.757488, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.286514, "energy": 25.452803, "activity_lines": [ 7.722177, 7.840052, 7.821648, 7.884487 ] }, { "date": "2025-05-02", "close": 7.773804, "volume": 16403102, "typical_volume": 35333366.9, "trend": 7.933317, "fair_value": 7.961468, "relative_strength": -0.714241, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.447482, "energy": 28.581137, "activity_lines": [ 7.71291, 7.822181, 7.813375, 7.872872 ] }, { "date": "2025-05-09", "close": 7.952512, "volume": 24805762, "typical_volume": 33739765.75, "trend": 7.940267, "fair_value": 7.961587, "relative_strength": -0.439778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.301464, "energy": 21.145254, "activity_lines": [ 7.781084, 7.838788, 7.826565, 7.874111 ] }, { "date": "2025-05-16", "close": 8.13122, "volume": 36049407, "typical_volume": 32814843.1, "trend": 7.952181, "fair_value": 7.966084, "relative_strength": 1.415783, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.117384, "energy": 5.987139, "activity_lines": [ 7.921403, 7.882292, 7.859328, 7.88643 ] }, { "date": "2025-05-23", "close": 8.210647, "volume": 50597694, "typical_volume": 33963289.8, "trend": 7.955821, "fair_value": 7.974075, "relative_strength": 2.952325, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.967369, "energy": 17.879747, "activity_lines": [ 8.0465, 7.933197, 7.899561, 7.903106 ] }, { "date": "2025-05-30", "close": 8.438995, "volume": 128617135, "typical_volume": 38655040.35, "trend": 7.970714, "fair_value": 7.983468, "relative_strength": 6.68289, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.901818, "energy": 37.999273, "activity_lines": [ 8.207337, 8.026883, 7.958516, 7.934278 ] }, { "date": "2025-06-06", "close": 8.429067, "volume": 33990504, "typical_volume": 39221464.55, "trend": 7.973692, "fair_value": 7.988693, "relative_strength": 4.940476, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.687574, "energy": 49.364424, "activity_lines": [ 8.316547, 8.11371, 8.011183, 7.963849 ] }, { "date": "2025-06-13", "close": 8.319857, "volume": 37049601, "typical_volume": 39976525.6, "trend": 7.983289, "fair_value": 7.992659, "relative_strength": 4.12123, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.853236, "energy": 59.168964, "activity_lines": [ 8.34567, 8.173641, 8.049336, 7.986183 ] }, { "date": "2025-06-20", "close": 8.031938, "volume": 32083500, "typical_volume": 41322063.8, "trend": 7.983951, "fair_value": 7.993349, "relative_strength": 1.653639, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.05649, "energy": 46.231966, "activity_lines": [ 8.25433, 8.177973, 8.056191, 7.989321 ] }, { "date": "2025-06-27", "close": 8.39, "volume": 31751248, "typical_volume": 42125796.2, "trend": 7.980663, "fair_value": 7.997205, "relative_strength": 2.326033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.626616, "energy": 37.50864, "activity_lines": [ 8.288963, 8.237841, 8.09502, 8.015518 ] }, { "date": "2025-07-04", "close": 8.56, "volume": 33239402, "typical_volume": 42534649.55, "trend": 7.981718, "fair_value": 8.001839, "relative_strength": 3.11033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.217856, "energy": 37.571884, "activity_lines": [ 8.368306, 8.314345, 8.147011, 8.052894 ] }, { "date": "2025-07-11", "close": 8.7, "volume": 32072950, "typical_volume": 41856533.4, "trend": 7.981483, "fair_value": 8.007687, "relative_strength": 2.932059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.634009, "energy": 58.441377, "activity_lines": [ 8.486249, 8.400926, 8.209111, 8.099235 ] }, { "date": "2025-07-18", "close": 10.38, "volume": 172292342, "typical_volume": 49002517.45, "trend": 8.044529, "fair_value": 8.022549, "relative_strength": 19.880564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.953, "energy": 86.044877, "activity_lines": [ 9.146129, 8.776121, 8.42732, 8.253978 ] }, { "date": "2025-07-25", "close": 9.33, "volume": 245696579, "typical_volume": 60186176.3, "trend": 8.08515, "fair_value": 8.03043, "relative_strength": 5.337472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.522916, "energy": 76.907105, "activity_lines": [ 9.318667, 8.916272, 8.532505, 8.336912 ] }, { "date": "2025-08-01", "close": 9.57, "volume": 125958278, "typical_volume": 64170218.4, "trend": 8.151642, "fair_value": 8.040727, "relative_strength": 9.763263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.324797, "energy": 80.149704, "activity_lines": [ 9.484667, 9.078263, 8.652995, 8.432709 ] }, { "date": "2025-08-08", "close": 9.43, "volume": 69931873, "typical_volume": 62155133.35, "trend": 8.222072, "fair_value": 8.053007, "relative_strength": 7.011709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.623209, "energy": 74.262026, "activity_lines": [ 9.525333, 9.190084, 8.754009, 8.515183 ] }, { "date": "2025-08-15", "close": 9.38, "volume": 48412421, "typical_volume": 62526436.9, "trend": 8.282561, "fair_value": 8.063026, "relative_strength": 1.979759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.242783, "energy": 49.874925, "activity_lines": [ 9.491333, 9.274795, 8.844218, 8.589888 ] }, { "date": "2025-08-22", "close": 9.53, "volume": 65667305, "typical_volume": 64093303.4, "trend": 8.350037, "fair_value": 8.074694, "relative_strength": -0.761285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.567274, "energy": 47.053839, "activity_lines": [ 9.462, 9.36949, 8.942341, 8.670368 ] }, { "date": "2025-08-29", "close": 9.25, "volume": 66313264, "typical_volume": 64794294.15, "trend": 8.405531, "fair_value": 8.086447, "relative_strength": -7.424141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.377411, "energy": 39.970047, "activity_lines": [ 9.396, 9.391273, 9.007183, 8.72843 ] }, { "date": "2025-09-05", "close": 9.37, "volume": 68518156, "typical_volume": 66970616.15, "trend": 8.459399, "fair_value": 8.097905, "relative_strength": -5.172067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.831434, "energy": 31.98837, "activity_lines": [ 9.375333, 9.412727, 9.075149, 8.790654 ] }, { "date": "2025-09-12", "close": 9.43, "volume": 59285204, "typical_volume": 68936786.35, "trend": 8.510966, "fair_value": 8.109559, "relative_strength": -6.728797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.986455, "energy": 30.466005, "activity_lines": [ 9.388, 9.427273, 9.140424, 8.853274 ] }, { "date": "2025-09-19", "close": 9.64, "volume": 97861948, "typical_volume": 73009728.65, "trend": 8.569532, "fair_value": 8.12281, "relative_strength": -5.450189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.185241, "energy": 35.576924, "activity_lines": [ 9.470667, 9.464182, 9.217528, 8.926115 ] }, { "date": "2025-09-26", "close": 10.26, "volume": 168702334, "typical_volume": 80204557.25, "trend": 8.656707, "fair_value": 8.138782, "relative_strength": -0.31491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.816774, "energy": 47.280189, "activity_lines": [ 9.742667, 9.596727, 9.344794, 9.035177 ] }, { "date": "2025-10-03", "close": 9.92, "volume": 32914587, "typical_volume": 80047816.25, "trend": 8.72924, "fair_value": 8.152575, "relative_strength": -5.733303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.50612, "energy": 47.619875, "activity_lines": [ 9.852667, 9.669636, 9.42869, 9.11668 ] }, { "date": "2025-10-10", "close": 9.83, "volume": 24548012, "typical_volume": 78745332.15, "trend": 8.780902, "fair_value": 8.168234, "relative_strength": -5.313029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.911701, "energy": 47.000643, "activity_lines": [ 9.888, 9.715455, 9.495497, 9.187696 ] }, { "date": "2025-10-17", "close": 9.33, "volume": 47960427, "typical_volume": 74712496.75, "trend": 8.819868, "fair_value": 8.182755, "relative_strength": -5.373144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.581842, "energy": 48.35512, "activity_lines": [ 9.726, 9.665636, 9.506974, 9.223122 ] }, { "date": "2025-10-24", "close": 9.8, "volume": 51655975, "typical_volume": 75595770.3, "trend": 8.878473, "fair_value": 8.199913, "relative_strength": -5.035937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.332645, "energy": 37.064138, "activity_lines": [ 9.727333, 9.703091, 9.55897, 9.286356 ] }, { "date": "2025-10-31", "close": 9.57, "volume": 47754600, "typical_volume": 76131020.25, "trend": 8.926101, "fair_value": 8.21378, "relative_strength": -7.769769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.384451, "energy": 23.049091, "activity_lines": [ 9.641333, 9.691091, 9.582533, 9.330971 ] }, { "date": "2025-11-07", "close": 9.67, "volume": 35837652, "typical_volume": 76318727.85, "trend": 8.998243, "fair_value": 8.223527, "relative_strength": -6.926328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.883112, "energy": 18.832581, "activity_lines": [ 9.634667, 9.696545, 9.609667, 9.378965 ] }, { "date": "2025-11-14", "close": 10.34, "volume": 79191522, "typical_volume": 78690741.55, "trend": 9.089409, "fair_value": 8.239136, "relative_strength": 0.850397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.756884, "energy": 40.855644, "activity_lines": [ 9.868, 9.816182, 9.69281, 9.46553 ] }, { "date": "2025-11-21", "close": 9.31, "volume": 69156581, "typical_volume": 80486600.5, "trend": 9.142601, "fair_value": 8.247264, "relative_strength": -4.226301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.017583, "energy": 17.665171, "activity_lines": [ 9.724, 9.730909, 9.668571, 9.479761 ] }, { "date": "2025-11-28", "close": 9.57, "volume": 43127904, "typical_volume": 81039348.2, "trend": 9.202475, "fair_value": 8.254492, "relative_strength": -4.784893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.99565, "energy": 18.066552, "activity_lines": [ 9.668, 9.695091, 9.665524, 9.507335 ] }, { "date": "2025-12-05", "close": 10.06, "volume": 60597896, "typical_volume": 75454625.9, "trend": 9.272724, "fair_value": 8.26129, "relative_strength": -1.093391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.687706, "energy": 28.547567, "activity_lines": [ 9.790667, 9.749636, 9.705, 9.56266 ] }, { "date": "2025-12-12", "close": 9.16, "volume": 47995809, "typical_volume": 65569587.4, "trend": 9.307017, "fair_value": 8.266265, "relative_strength": -10.422132, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.297949, "energy": 6.833726, "activity_lines": [ 9.580667, 9.644182, 9.660286, 9.555387 ] }, { "date": "2025-12-19", "close": 9.6, "volume": 39085480, "typical_volume": 61225947.5, "trend": 9.353329, "fair_value": 8.272181, "relative_strength": -5.117491, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.241133, "energy": 9.388679, "activity_lines": [ 9.551333, 9.632545, 9.658286, 9.574289 ] }, { "date": "2025-12-26", "close": 9.23, "volume": 28878295, "typical_volume": 59173268.6, "trend": 9.379695, "fair_value": 8.270652, "relative_strength": -11.701993, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.892228, "energy": 7.551752, "activity_lines": [ 9.448, 9.557818, 9.620905, 9.566332 ] }, { "date": "2026-01-02", "close": 9.05, "volume": 19289602, "typical_volume": 57717127.65, "trend": 9.400393, "fair_value": 8.2706, "relative_strength": -12.708775, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.327199, "energy": 28.017694, "activity_lines": [ 9.29, 9.452182, 9.567333, 9.545062 ] }, { "date": "2026-01-09", "close": 9.24, "volume": 36103706, "typical_volume": 56238947.7, "trend": 9.431065, "fair_value": 8.278405, "relative_strength": -14.433789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.653471, "energy": 35.299033, "activity_lines": [ 9.23, 9.394727, 9.533429, 9.534714 ] }, { "date": "2026-01-16", "close": 9.24, "volume": 45143402, "typical_volume": 55180454.6, "trend": 9.471333, "fair_value": 8.287965, "relative_strength": -15.190059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.774132, "energy": 36.913404, "activity_lines": [ 9.224667, 9.343273, 9.500905, 9.522387 ] }, { "date": "2026-01-23", "close": 9.68, "volume": 32148911, "typical_volume": 53361992.35, "trend": 9.514333, "fair_value": 8.300344, "relative_strength": -11.996694, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.542026, "energy": 13.498186, "activity_lines": [ 9.360667, 9.379636, 9.510333, 9.535849 ] }, { "date": "2026-01-30", "close": 9.44, "volume": 39220002, "typical_volume": 52358732.25, "trend": 9.543667, "fair_value": 8.311311, "relative_strength": -12.584602, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.282033, "energy": 14.11649, "activity_lines": [ 9.411333, 9.384364, 9.495429, 9.531054 ] }, { "date": "2026-02-06", "close": 9.51, "volume": 28636806, "typical_volume": 48897475.15, "trend": 9.570667, "fair_value": 8.321411, "relative_strength": -9.929599, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.088644, "energy": 14.562564, "activity_lines": [ 9.471333, 9.399455, 9.487143, 9.528882 ] }, { "date": "2026-02-13", "close": 9.32, "volume": 26546315, "typical_volume": 41789674.2, "trend": 9.535333, "fair_value": 8.329291, "relative_strength": -12.780372, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.162079, "energy": 16.117522, "activity_lines": [ 9.437333, 9.381091, 9.461381, 9.51271 ] }, { "date": "2026-02-27", "close": 9.38, "volume": 20473470, "typical_volume": 41167618.35, "trend": 9.537, "fair_value": 8.336616, "relative_strength": -14.45822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.843875, "energy": 13.979034, "activity_lines": [ 9.418, 9.387091, 9.44581, 9.502688 ] }, { "date": "2026-03-06", "close": 9.18, "volume": 39403790, "typical_volume": 41910407.25, "trend": 9.524, "fair_value": 8.34128, "relative_strength": -14.218809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.339532, "energy": 28.836535, "activity_lines": [ 9.322667, 9.352727, 9.413762, 9.479656 ] }, { "date": "2026-03-13", "close": 9.17, "volume": 25717100, "typical_volume": 40798240.9, "trend": 9.515333, "fair_value": 8.346131, "relative_strength": -14.804901, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.584512, "energy": 41.377364, "activity_lines": [ 9.257333, 9.324182, 9.383857, 9.456817 ] }, { "date": "2026-03-20", "close": 8.73, "volume": 24486451, "typical_volume": 39439764.7, "trend": 9.493667, "fair_value": 8.347661, "relative_strength": -16.201292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.231362, "energy": 65.955034, "activity_lines": [ 9.063333, 9.216727, 9.31281, 9.406151 ] }, { "date": "2026-03-27", "close": 8.76, "volume": 36405894, "typical_volume": 38872329.4, "trend": 9.468, "fair_value": 8.35145, "relative_strength": -14.990301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.528894, "energy": 71.060945, "activity_lines": [ 8.931333, 9.120545, 9.249714, 9.358817 ] }, { "date": "2026-04-03", "close": 8.82, "volume": 40403533, "typical_volume": 39100623.45, "trend": 9.453667, "fair_value": 8.355498, "relative_strength": -11.574514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.298887, "energy": 69.453478, "activity_lines": [ 8.856667, 9.044, 9.19619, 9.317011 ] }, { "date": "2026-04-10", "close": 9.07, "volume": 39746909, "typical_volume": 37128392.8, "trend": 9.443667, "fair_value": 8.362464, "relative_strength": -14.814456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.55823, "energy": 59.057278, "activity_lines": [ 8.902667, 9.020545, 9.170524, 9.292258 ] }, { "date": "2026-04-17", "close": 8.8, "volume": 35122410, "typical_volume": 35426684.25, "trend": 9.422667, "fair_value": 8.368326, "relative_strength": -20.193375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.628606, "energy": 41.749197, "activity_lines": [ 8.866, 8.959091, 9.12519, 9.250731 ] }, { "date": "2026-04-24", "close": 8.6, "volume": 24582108, "typical_volume": 34499394.45, "trend": 9.388, "fair_value": 8.372154, "relative_strength": -21.884306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.031704, "energy": 43.668147, "activity_lines": [ 8.787333, 8.872909, 9.063238, 9.197656 ] }, { "date": "2026-05-01", "close": 8.26, "volume": 41321019, "typical_volume": 33535550.6, "trend": 9.321333, "fair_value": 8.373803, "relative_strength": -25.352942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.464441, "energy": 50.705108, "activity_lines": [ 8.604, 8.741455, 8.973524, 9.124882 ] }, { "date": "2026-05-08", "close": 8.25, "volume": 23144220, "typical_volume": 32292971.15, "trend": 9.265667, "fair_value": 8.37783, "relative_strength": -27.140796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.062882, "energy": 71.745621, "activity_lines": [ 8.450667, 8.627455, 8.891429, 9.055763 ] }, { "date": "2026-05-15", "close": 7.64, "volume": 34178004, "typical_volume": 32047597.35, "trend": 9.192667, "fair_value": 8.375567, "relative_strength": -31.988295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.720713, "energy": 86.49458, "activity_lines": [ 8.132, 8.423091, 8.755571, 8.950882 ] }, { "date": "2026-05-22", "close": 7.32, "volume": 29758300, "typical_volume": 32091597.6, "trend": 9.125667, "fair_value": 8.370439, "relative_strength": -34.411394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.720896, "energy": 91.112798, "activity_lines": [ 7.802, 8.188545, 8.598571, 8.830065 ] }, { "date": "2026-05-29", "close": 7.0, "volume": 29412087, "typical_volume": 32597721.85, "trend": 9.032333, "fair_value": 8.36376, "relative_strength": -36.574176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.1131, "energy": 93.605325, "activity_lines": [ 7.464, 7.929455, 8.42019, 8.692925 ] }, { "date": "2026-06-05", "close": 6.85, "volume": 5299900, "typical_volume": 31057531.55, "trend": 8.941667, "fair_value": 8.355368, "relative_strength": -36.196991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.899511, "energy": 93.349532, "activity_lines": [ 7.182667, 7.674545, 8.237286, 8.552129 ] }, { "date": "2026-06-12", "close": 6.69, "volume": 5191300, "typical_volume": 29059926.45, "trend": 8.842333, "fair_value": 8.345512, "relative_strength": -35.551489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.601281, "energy": 91.882405, "activity_lines": [ 6.942, 7.425273, 8.050524, 8.40686 ] }, { "date": "2026-06-19", "close": 6.31, "volume": 22314298, "typical_volume": 28568195.8, "trend": 8.708, "fair_value": 8.334284, "relative_strength": -42.577536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.926514, "energy": 93.197278, "activity_lines": [ 6.678667, 7.145636, 7.839714, 8.243484 ] }, { "date": "2026-06-26", "close": 5.99, "volume": 5939733, "typical_volume": 26904182.35, "trend": 8.597333, "fair_value": 8.322384, "relative_strength": -43.966033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.980527, "energy": 94.311251, "activity_lines": [ 6.397333, 6.858, 7.614476, 8.068129 ] }, { "date": "2026-07-03", "close": 6.28, "volume": 6462300, "typical_volume": 25795457.05, "trend": 8.487667, "fair_value": 8.31253, "relative_strength": -39.864723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.626022, "energy": 86.370904, "activity_lines": [ 6.301333, 6.674182, 7.433286, 7.918624 ] }, { "date": "2026-07-10", "close": 6.22, "volume": 30292878, "typical_volume": 25982785.2, "trend": 8.359667, "fair_value": 8.303357, "relative_strength": -37.539094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.138628, "energy": 83.043791, "activity_lines": [ 6.233333, 6.521636, 7.261762, 7.772323 ] }, { "date": "2026-07-17", "close": 6.48, "volume": 46950711, "typical_volume": 27306647.25, "trend": 8.270333, "fair_value": 8.294472, "relative_strength": -27.853611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.233761, "energy": 65.85507, "activity_lines": [ 6.294, 6.453455, 7.129762, 7.651054 ] }, { "date": "2026-07-24", "close": 6.12, "volume": 35020917, "typical_volume": 27087503.6, "trend": 8.154333, "fair_value": 8.282904, "relative_strength": -31.173452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.008814, "energy": 65.148675, "activity_lines": [ 6.248667, 6.352, 6.977286, 7.512323 ] }, { "date": "2026-07-31", "close": 6.54, "volume": 23601497, "typical_volume": 26981723.45, "trend": 8.064667, "fair_value": 8.274091, "relative_strength": -24.595055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.103737, "energy": 55.162842, "activity_lines": [ 6.356, 6.354545, 6.879381, 7.408172 ] }, { "date": "2026-08-07", "close": 6.71, "volume": 28967838, "typical_volume": 27205792.8, "trend": 7.986667, "fair_value": 8.266179, "relative_strength": -25.69364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.311359, "energy": 44.853306, "activity_lines": [ 6.483333, 6.402182, 6.81019, 7.320774 ] } ], "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." } } }