{ "ticker": { "uuid": "d55f0c0c-a3fe-4568-b9e4-7fee38c471d4", "symbol": "300659", "name": "Zhongfu Information Inc.", "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": -51.008, "architecture_energy": 47.527, "architecture_maturity": 100.0, "architecture_confidence": 64.311, "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": 17.32, "rotation_up": 26.71, "upward_expansion": 19.39, "deceleration": 66.99, "rotation_down": 45.42, "downward_expansion": 69.39 }, "activity_lines": [ 9.858, 9.846545, 10.59119, 11.438495 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 10.32, "trend_reference": 12.664, "distance_from_trend": -0.185092, "trend_direction": "Weakening", "fair_value": 16.000192, "distance_from_fair_value": -0.355008, "fair_value_direction": "Weakening", "relative_strength": -28.897755, "relative_strength_direction": "Weakening", "price_momentum": -0.302703, "excess_performance": -0.310102, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.185092, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.141482, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.355008, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.132064, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.288978, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015371, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.302703, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.616607, "read": "Supply-led" } ], "volume": { "latest": 40081840, "relative_activity": 1.57489, "balance": 0.616607, "dry_up": 1.654496, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.094663, "annualized_volatility": 0.392322, "from_high_reference": -0.472123, "from_low_reference": 0.175399 }, "levels": { "trend_reference": 12.664, "fair_value_reference": 16.000192, "structural_low": 8.78, "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": 32, "median_return": -0.029354, "positive_rate": 0.4375, "directional_follow_through": 0.5625, "median_excess_return": -0.024757, "regime_survival": 0.8125, "best_return": 0.630027, "worst_return": -0.353966, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.033677, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.115327, "regime_survival": 0.545455, "best_return": 0.396561, "worst_return": -0.309719, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.116555, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.10047, "regime_survival": 0.285714, "best_return": 0.597892, "worst_return": -0.388414, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.175266, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.167978, "regime_survival": 0.75, "best_return": 0.254364, "worst_return": -0.453926, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-09", "end": "2023-09-01", "tenure": "Established", "return": -0.035376, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-08", "end": "2024-01-19", "tenure": "Established", "return": -0.259013, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-09-27", "tenure": "Extended", "return": -0.187845, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": -0.088696, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.239031, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-03-14", "tenure": "Developing", "return": 0.074182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.193115, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-08-08", "tenure": "Established", "return": 0.143281, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.070245, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.100496, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-21", "tenure": "Developing", "return": 0.166783, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": -0.111726, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-27", "tenure": "Developing", "return": -0.152256, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.166397, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 21.24, "volume": 60326129, "typical_volume": 39827847.25, "trend": 25.777333, "fair_value": 33.493304, "relative_strength": -8.610991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.867716, "energy": 46.428632, "activity_lines": [ 21.950667, 22.336545, 23.452286, 24.596839 ] }, { "date": "2023-08-04", "close": 22.030001, "volume": 41963040, "typical_volume": 39319990.75, "trend": 25.622667, "fair_value": 33.244127, "relative_strength": -6.63492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.012085, "energy": 34.845974, "activity_lines": [ 22.051334, 22.221273, 23.163143, 24.355075 ] }, { "date": "2023-08-11", "close": 23.51, "volume": 91233333, "typical_volume": 41700085.2, "trend": 25.524667, "fair_value": 33.040665, "relative_strength": 3.183792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.004705, "energy": 27.96956, "activity_lines": [ 22.531334, 22.378182, 23.047238, 24.218774 ] }, { "date": "2023-08-18", "close": 24.6, "volume": 106513255, "typical_volume": 42922502.2, "trend": 25.447667, "fair_value": 32.818223, "relative_strength": 11.066095, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.533236, "energy": 16.628687, "activity_lines": [ 23.190667, 22.746182, 23.061524, 24.159118 ] }, { "date": "2023-08-25", "close": 21.299999, "volume": 66707114, "typical_volume": 42965160.9, "trend": 25.292333, "fair_value": 32.5802, "relative_strength": -1.045481, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.507132, "energy": 21.195208, "activity_lines": [ 22.715333, 22.508909, 22.788191, 23.891527 ] }, { "date": "2023-09-01", "close": 23.450001, "volume": 60224945, "typical_volume": 43164752.9, "trend": 25.083667, "fair_value": 32.38161, "relative_strength": 4.848307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.564444, "energy": 15.48841, "activity_lines": [ 23.02, 22.709273, 22.783429, 23.772667 ] }, { "date": "2023-09-08", "close": 25.52, "volume": 80617589, "typical_volume": 45461846.1, "trend": 24.964334, "fair_value": 32.205536, "relative_strength": 15.101398, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.307931, "energy": 7.651903, "activity_lines": [ 23.867333, 23.285091, 23.010333, 23.800817 ] }, { "date": "2023-09-15", "close": 22.860001, "volume": 47399467, "typical_volume": 46134563.95, "trend": 24.834667, "fair_value": 32.012664, "relative_strength": 3.839501, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.934301, "energy": 8.92895, "activity_lines": [ 23.595334, 23.282728, 22.990476, 23.665054 ] }, { "date": "2023-09-22", "close": 23.09, "volume": 33279936, "typical_volume": 47357357.55, "trend": 24.734334, "fair_value": 31.816453, "relative_strength": 3.780976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.005177, "energy": 10.237031, "activity_lines": [ 23.443334, 23.283818, 22.999714, 23.552495 ] }, { "date": "2023-09-29", "close": 21.77, "volume": 31869684, "typical_volume": 48181575.45, "trend": 24.543667, "fair_value": 31.643132, "relative_strength": -2.012624, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.558647, "energy": 14.845529, "activity_lines": [ 22.952, 23.062909, 22.887476, 23.361247 ] }, { "date": "2023-10-13", "close": 22.42, "volume": 32615997, "typical_volume": 48838445.1, "trend": 24.395667, "fair_value": 31.466503, "relative_strength": 0.643227, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.198958, "energy": 19.217293, "activity_lines": [ 22.646, 22.968909, 22.844286, 23.224237 ] }, { "date": "2023-10-20", "close": 21.09, "volume": 41694696, "typical_volume": 50212447.6, "trend": 24.138334, "fair_value": 31.304276, "relative_strength": -1.105925, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.547233, "energy": 34.92404, "activity_lines": [ 21.965333, 22.611636, 22.675762, 23.010968 ] }, { "date": "2023-10-27", "close": 22.190001, "volume": 58660884, "typical_volume": 51589179.0, "trend": 23.909667, "fair_value": 31.154547, "relative_strength": 1.229239, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.186393, "energy": 32.887634, "activity_lines": [ 21.946667, 22.471455, 22.617286, 22.885269 ] }, { "date": "2023-11-03", "close": 21.52, "volume": 33009894, "typical_volume": 52087124.8, "trend": 23.620334, "fair_value": 30.997673, "relative_strength": -3.186392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.253953, "energy": 34.810739, "activity_lines": [ 21.749334, 22.233455, 22.504667, 22.731097 ] }, { "date": "2023-11-10", "close": 22.91, "volume": 47490986, "typical_volume": 53243824.0, "trend": 23.227334, "fair_value": 30.864783, "relative_strength": 1.493109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.905419, "energy": 21.581647, "activity_lines": [ 22.12, 22.304182, 22.537714, 22.685269 ] }, { "date": "2023-11-17", "close": 23.879999, "volume": 95862795, "typical_volume": 57082483.65, "trend": 23.0, "fair_value": 30.736654, "relative_strength": 5.581529, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.969572, "energy": 8.488207, "activity_lines": [ 22.738, 22.522, 22.667714, 22.727376 ] }, { "date": "2023-11-24", "close": 24.030001, "volume": 61882946, "typical_volume": 58948657.15, "trend": 22.904333, "fair_value": 30.63482, "relative_strength": 7.395429, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.351512, "energy": 9.459947, "activity_lines": [ 23.308667, 22.759273, 22.809714, 22.793828 ] }, { "date": "2023-12-01", "close": 23.91, "volume": 30210564, "typical_volume": 59605199.05, "trend": 22.889, "fair_value": 30.489847, "relative_strength": 8.369951, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.938135, "energy": 18.344878, "activity_lines": [ 23.643333, 23.001818, 22.922619, 22.85871 ] }, { "date": "2023-12-08", "close": 23.26, "volume": 30899231, "typical_volume": 59795789.1, "trend": 22.865, "fair_value": 30.348307, "relative_strength": 7.295525, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.760464, "energy": 30.859867, "activity_lines": [ 23.646667, 23.107091, 22.958572, 22.882645 ] }, { "date": "2023-12-15", "close": 23.58, "volume": 24097466, "typical_volume": 53827997.55, "trend": 22.875333, "fair_value": 30.209894, "relative_strength": 10.709722, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.002542, "energy": 35.086832, "activity_lines": [ 23.640667, 23.267455, 23.028905, 22.928774 ] }, { "date": "2023-12-22", "close": 21.639999, "volume": 20973640, "typical_volume": 51860373.1, "trend": 22.84, "fair_value": 30.08096, "relative_strength": 3.27067, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 18.883314, "energy": 7.560358, "activity_lines": [ 22.943333, 23.042182, 22.908143, 22.849075 ] }, { "date": "2023-12-29", "close": 22.219999, "volume": 16549306, "typical_volume": 50589686.4, "trend": 22.840667, "fair_value": 29.92452, "relative_strength": 2.489768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.116141, "energy": 7.388616, "activity_lines": [ 22.588666, 22.936545, 22.840714, 22.809075 ] }, { "date": "2024-01-05", "close": 22.17, "volume": 14750754, "typical_volume": 46765557.45, "trend": 22.772333, "fair_value": 29.763896, "relative_strength": 6.843073, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.07871, "energy": 11.306949, "activity_lines": [ 22.338, 22.801272, 22.767619, 22.765806 ] }, { "date": "2024-01-12", "close": 21.02, "volume": 19886740, "typical_volume": 42434231.7, "trend": 22.662667, "fair_value": 29.60483, "relative_strength": 2.727535, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.302634, "energy": 37.075382, "activity_lines": [ 21.82, 22.457272, 22.591381, 22.652753 ] }, { "date": "2024-01-19", "close": 18.91, "volume": 14364500, "typical_volume": 39817101.0, "trend": 22.497333, "fair_value": 29.452822, "relative_strength": -5.243692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.592796, "energy": 64.434299, "activity_lines": [ 20.748, 21.738727, 22.231238, 22.410645 ] }, { "date": "2024-01-26", "close": 18.1, "volume": 21395056, "typical_volume": 37875606.55, "trend": 22.320667, "fair_value": 29.258002, "relative_strength": -8.851161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.767671, "energy": 78.264222, "activity_lines": [ 19.717333, 20.945636, 21.805333, 22.126946 ] }, { "date": "2024-02-02", "close": 14.67, "volume": 21000500, "typical_volume": 34894752.1, "trend": 22.132333, "fair_value": 29.034734, "relative_strength": -19.408099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.226225, "energy": 90.339311, "activity_lines": [ 17.779333, 19.634, 21.078238, 21.633355 ] }, { "date": "2024-02-09", "close": 13.27, "volume": 30996242, "typical_volume": 34074590.85, "trend": 21.883, "fair_value": 28.802301, "relative_strength": -32.871807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.736568, "energy": 95.508038, "activity_lines": [ 15.878, 18.238, 20.269476, 21.061591 ] }, { "date": "2024-02-23", "close": 16.74, "volume": 33380857, "typical_volume": 34079636.9, "trend": 21.638333, "fair_value": 28.593062, "relative_strength": -17.226825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.681706, "energy": 87.39629, "activity_lines": [ 15.726667, 17.666364, 19.836857, 20.729785 ] }, { "date": "2024-03-01", "close": 17.290001, "volume": 39704020, "typical_volume": 34471353.7, "trend": 21.473, "fair_value": 28.448657, "relative_strength": -17.497052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.537835, "energy": 80.736058, "activity_lines": [ 16.044, 17.313273, 19.486857, 20.449247 ] }, { "date": "2024-03-08", "close": 17.049999, "volume": 25472925, "typical_volume": 34114200.1, "trend": 21.333333, "fair_value": 28.333811, "relative_strength": -17.791046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.211464, "energy": 55.603376, "activity_lines": [ 16.389333, 17.030909, 19.135333, 20.163892 ] }, { "date": "2024-03-15", "close": 18.1, "volume": 40172474, "typical_volume": 34038089.0, "trend": 21.202333, "fair_value": 28.222465, "relative_strength": -14.617007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.670839, "energy": 35.351592, "activity_lines": [ 17.154667, 17.022909, 18.909381, 19.95529 ] }, { "date": "2024-03-22", "close": 18.23, "volume": 37324723, "typical_volume": 32971280.95, "trend": 21.026333, "fair_value": 28.098715, "relative_strength": -13.245432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.233239, "energy": 26.555296, "activity_lines": [ 17.734667, 17.113455, 18.710048, 19.763527 ] }, { "date": "2024-03-29", "close": 16.629999, "volume": 26032181, "typical_volume": 32622395.3, "trend": 20.760667, "fair_value": 27.949889, "relative_strength": -18.915475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.022312, "energy": 28.20948, "activity_lines": [ 17.450666, 16.984727, 18.37719, 19.479892 ] }, { "date": "2024-04-05", "close": 16.219999, "volume": 28383810, "typical_volume": 31667036.5, "trend": 20.591333, "fair_value": 27.793558, "relative_strength": -21.555531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.522075, "energy": 30.610212, "activity_lines": [ 17.037333, 16.861272, 18.028571, 19.186946 ] }, { "date": "2024-04-12", "close": 15.53, "volume": 20523181, "typical_volume": 27900055.8, "trend": 20.327333, "fair_value": 27.670425, "relative_strength": -21.69589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.277687, "energy": 41.590117, "activity_lines": [ 16.465333, 16.661272, 17.646095, 18.860408 ] }, { "date": "2024-04-19", "close": 14.21, "volume": 26258048, "typical_volume": 26118810.9, "trend": 19.950333, "fair_value": 27.545227, "relative_strength": -27.86395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.367306, "energy": 53.243835, "activity_lines": [ 15.554666, 16.268, 17.177666, 18.465742 ] }, { "date": "2024-04-26", "close": 15.92, "volume": 22769740, "typical_volume": 25746769.7, "trend": 19.719, "fair_value": 27.415854, "relative_strength": -20.092763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.557388, "energy": 46.646442, "activity_lines": [ 15.473333, 16.194, 16.918857, 18.20572 ] }, { "date": "2024-05-03", "close": 15.82, "volume": 17546864, "typical_volume": 25079151.35, "trend": 19.476667, "fair_value": 27.248092, "relative_strength": -21.111353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.762066, "energy": 46.453799, "activity_lines": [ 15.512667, 16.053636, 16.688571, 17.954172 ] }, { "date": "2024-05-10", "close": 14.86, "volume": 22978892, "typical_volume": 25023222.65, "trend": 19.246333, "fair_value": 27.054859, "relative_strength": -26.575934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.16364, "energy": 50.916408, "activity_lines": [ 15.286, 15.755454, 16.402286, 17.656322 ] }, { "date": "2024-05-17", "close": 15.01, "volume": 15950938, "typical_volume": 24772087.55, "trend": 18.999333, "fair_value": 26.872594, "relative_strength": -25.254234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.53419, "energy": 42.266514, "activity_lines": [ 15.2, 15.528727, 16.171809, 17.383011 ] }, { "date": "2024-05-24", "close": 14.02, "volume": 13592714, "typical_volume": 24624257.95, "trend": 18.763667, "fair_value": 26.699627, "relative_strength": -27.652491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.857809, "energy": 56.291714, "activity_lines": [ 14.818667, 15.159091, 15.878619, 17.061763 ] }, { "date": "2024-05-31", "close": 14.3, "volume": 13529050, "typical_volume": 24563172.75, "trend": 18.500667, "fair_value": 26.560059, "relative_strength": -25.370567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.639919, "energy": 63.990958, "activity_lines": [ 14.543333, 14.914545, 15.651143, 16.773785 ] }, { "date": "2024-06-07", "close": 12.49, "volume": 24252473, "typical_volume": 24781459.4, "trend": 18.199667, "fair_value": 26.422062, "relative_strength": -33.623542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.657511, "energy": 73.413149, "activity_lines": [ 13.772667, 14.412364, 15.288762, 16.386 ] }, { "date": "2024-06-14", "close": 13.27, "volume": 12894040, "typical_volume": 24707936.4, "trend": 17.878333, "fair_value": 26.283808, "relative_strength": -28.935962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.626472, "energy": 71.619194, "activity_lines": [ 13.484, 14.127273, 15.041286, 16.067957 ] }, { "date": "2024-06-21", "close": 13.44, "volume": 22373980, "typical_volume": 24756882.6, "trend": 17.530333, "fair_value": 26.146171, "relative_strength": -25.994897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.621614, "energy": 62.806934, "activity_lines": [ 13.358, 13.926727, 14.836857, 15.781613 ] }, { "date": "2024-06-28", "close": 12.97, "volume": 16814696, "typical_volume": 24547592.4, "trend": 17.161667, "fair_value": 25.995958, "relative_strength": -26.382347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.386387, "energy": 61.598387, "activity_lines": [ 13.18, 13.678727, 14.609857, 15.487398 ] }, { "date": "2024-07-05", "close": 12.5, "volume": 18900284, "typical_volume": 23942794.5, "trend": 16.781333, "fair_value": 25.856439, "relative_strength": -27.3242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.270498, "energy": 57.569249, "activity_lines": [ 12.915333, 13.367818, 14.34619, 15.186645 ] }, { "date": "2024-07-12", "close": 12.31, "volume": 14290000, "typical_volume": 22988251.65, "trend": 16.416333, "fair_value": 25.688988, "relative_strength": -29.39974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.960016, "energy": 55.043996, "activity_lines": [ 12.707333, 13.084545, 14.068095, 14.898172 ] }, { "date": "2024-07-19", "close": 11.81, "volume": 13782336, "typical_volume": 21692167.45, "trend": 16.024, "fair_value": 25.539627, "relative_strength": -32.258111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.872431, "energy": 67.008347, "activity_lines": [ 12.344667, 12.774182, 13.763476, 14.600989 ] }, { "date": "2024-07-26", "close": 12.15, "volume": 24480048, "typical_volume": 21642523.6, "trend": 15.707667, "fair_value": 25.401244, "relative_strength": -27.284109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.758978, "energy": 66.116597, "activity_lines": [ 12.192667, 12.581091, 13.517333, 14.351054 ] }, { "date": "2024-08-02", "close": 12.29, "volume": 14144389, "typical_volume": 20341119.35, "trend": 15.376667, "fair_value": 25.279443, "relative_strength": -25.613749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.787691, "energy": 53.992477, "activity_lines": [ 12.173333, 12.465455, 13.307857, 14.130559 ] }, { "date": "2024-08-09", "close": 11.7, "volume": 13970300, "typical_volume": 19173398.2, "trend": 15.027667, "fair_value": 25.113183, "relative_strength": -27.460957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.698754, "energy": 57.797722, "activity_lines": [ 12.002667, 12.274, 13.069857, 13.893355 ] }, { "date": "2024-08-16", "close": 12.03, "volume": 10996634, "typical_volume": 18421620.85, "trend": 14.728, "fair_value": 24.961789, "relative_strength": -24.631584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.589159, "energy": 48.749962, "activity_lines": [ 11.995333, 12.189818, 12.894381, 13.699957 ] }, { "date": "2024-08-23", "close": 11.76, "volume": 14264000, "typical_volume": 17715630.35, "trend": 14.489667, "fair_value": 24.811725, "relative_strength": -24.248568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.134891, "energy": 48.113958, "activity_lines": [ 11.916667, 12.064909, 12.715095, 13.508473 ] }, { "date": "2024-08-30", "close": 12.2, "volume": 16381874, "typical_volume": 17508565.0, "trend": 14.293, "fair_value": 24.663142, "relative_strength": -22.280497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.702027, "energy": 42.068667, "activity_lines": [ 11.988, 12.047455, 12.598952, 13.360753 ] }, { "date": "2024-09-06", "close": 12.03, "volume": 22031900, "typical_volume": 17297257.6, "trend": 14.205, "fair_value": 24.510601, "relative_strength": -20.806839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.216349, "energy": 39.029618, "activity_lines": [ 11.999333, 12.021636, 12.482476, 13.214753 ] }, { "date": "2024-09-13", "close": 12.3, "volume": 18918364, "typical_volume": 17104688.8, "trend": 14.172667, "fair_value": 24.354307, "relative_strength": -16.937472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.679452, "energy": 31.206992, "activity_lines": [ 12.118, 12.062, 12.402095, 13.091849 ] }, { "date": "2024-09-20", "close": 13.26, "volume": 25553573, "typical_volume": 17505024.25, "trend": 14.056667, "fair_value": 24.194094, "relative_strength": -10.692442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.082821, "energy": 15.757239, "activity_lines": [ 12.516667, 12.280545, 12.430381, 13.032968 ] }, { "date": "2024-09-27", "close": 14.7, "volume": 54792271, "typical_volume": 19095693.2, "trend": 13.970333, "fair_value": 24.033164, "relative_strength": -15.347513, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.625748, "energy": 20.70944, "activity_lines": [ 13.313333, 12.743636, 12.608, 13.074473 ] }, { "date": "2024-10-04", "close": 17.25, "volume": 21572797, "typical_volume": 19376786.15, "trend": 13.977, "fair_value": 23.852175, "relative_strength": -9.637306, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.734403, "energy": 61.617855, "activity_lines": [ 14.764, 13.617818, 13.029238, 13.286065 ] }, { "date": "2024-10-11", "close": 15.0, "volume": 88431248, "typical_volume": 23118712.85, "trend": 13.873667, "fair_value": 23.673596, "relative_strength": -17.178614, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.483503, "energy": 47.403666, "activity_lines": [ 15.128, 13.990182, 13.225524, 13.352065 ] }, { "date": "2024-10-18", "close": 16.91, "volume": 72549652, "typical_volume": 26069742.95, "trend": 13.829667, "fair_value": 23.496803, "relative_strength": -8.730057, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.996747, "energy": 70.098049, "activity_lines": [ 15.930667, 14.660545, 13.599048, 13.547957 ] }, { "date": "2024-10-25", "close": 17.18, "volume": 72573645, "typical_volume": 28485801.55, "trend": 13.848, "fair_value": 23.314473, "relative_strength": -8.988571, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.209205, "energy": 72.737518, "activity_lines": [ 16.516, 15.285273, 13.985857, 13.764108 ] }, { "date": "2024-11-01", "close": 15.72, "volume": 81864687, "typical_volume": 31934333.9, "trend": 13.831333, "fair_value": 23.127757, "relative_strength": -14.705649, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.456651, "energy": 49.75812, "activity_lines": [ 16.353333, 15.550909, 14.211286, 13.884882 ] }, { "date": "2024-11-08", "close": 23.93, "volume": 127398323, "typical_volume": 37185551.05, "trend": 14.111333, "fair_value": 23.011521, "relative_strength": 21.678628, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.52727, "energy": 82.520137, "activity_lines": [ 18.859333, 17.237273, 15.206952, 14.536409 ] }, { "date": "2024-11-15", "close": 19.690001, "volume": 86369807, "typical_volume": 40663306.6, "trend": 14.294, "fair_value": 22.892908, "relative_strength": 4.492812, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.811225, "energy": 61.597248, "activity_lines": [ 19.506667, 17.939455, 15.748857, 14.896323 ] }, { "date": "2024-11-22", "close": 19.42, "volume": 71502620, "typical_volume": 43293423.4, "trend": 14.410667, "fair_value": 22.776389, "relative_strength": 6.74653, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.670439, "energy": 53.323457, "activity_lines": [ 19.751334, 18.453273, 16.233048, 15.227032 ] }, { "date": "2024-11-29", "close": 19.85, "volume": 40723333, "typical_volume": 44615090.05, "trend": 14.545, "fair_value": 22.678057, "relative_strength": 8.012618, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.559607, "energy": 57.155297, "activity_lines": [ 19.972, 18.915818, 16.725238, 15.577957 ] }, { "date": "2024-12-06", "close": 20.459999, "volume": 40436624, "typical_volume": 45947804.45, "trend": 14.731667, "fair_value": 22.577322, "relative_strength": 10.168481, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.603097, "energy": 47.020276, "activity_lines": [ 20.218, 19.369454, 17.239619, 15.95957 ] }, { "date": "2024-12-13", "close": 19.219999, "volume": 45414714, "typical_volume": 46994537.75, "trend": 14.872, "fair_value": 22.469213, "relative_strength": 4.99925, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.093906, "energy": 39.620378, "activity_lines": [ 19.734666, 19.492909, 17.594714, 16.24914 ] }, { "date": "2024-12-20", "close": 18.209999, "volume": 34704010, "typical_volume": 48022518.8, "trend": 15.011667, "fair_value": 22.333908, "relative_strength": 1.014343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.767401, "energy": 29.960436, "activity_lines": [ 19.228666, 19.396909, 17.819952, 16.464494 ] }, { "date": "2024-12-27", "close": 17.120001, "volume": 60922377, "typical_volume": 50370122.65, "trend": 15.105667, "fair_value": 22.128049, "relative_strength": -4.346391, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.423227, "energy": 20.934104, "activity_lines": [ 18.458, 19.044363, 17.91319, 16.600516 ] }, { "date": "2025-01-03", "close": 15.0, "volume": 28828064, "typical_volume": 51261694.15, "trend": 15.189333, "fair_value": 21.925496, "relative_strength": -8.878464, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.720879, "energy": 16.534252, "activity_lines": [ 17.134, 18.302545, 17.778714, 16.593699 ] }, { "date": "2025-01-10", "close": 15.06, "volume": 26331178, "typical_volume": 51865053.05, "trend": 15.249, "fair_value": 21.7422, "relative_strength": -6.603109, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.269731, "energy": 16.381941, "activity_lines": [ 16.153333, 17.611273, 17.635809, 16.585355 ] }, { "date": "2025-01-17", "close": 16.129999, "volume": 33694619, "typical_volume": 52730690.3, "trend": 15.338667, "fair_value": 21.544914, "relative_strength": -2.71285, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.761432, "energy": 19.562379, "activity_lines": [ 15.889333, 17.126545, 17.579095, 16.642193 ] }, { "date": "2025-01-24", "close": 16.620001, "volume": 26733734, "typical_volume": 52965782.0, "trend": 15.460333, "fair_value": 21.383031, "relative_strength": -0.406559, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.830639, "energy": 17.860285, "activity_lines": [ 15.994667, 16.872727, 17.550333, 16.72486 ] }, { "date": "2025-01-31", "close": 16.5, "volume": 8181690, "typical_volume": 52428948.3, "trend": 15.593667, "fair_value": 21.199657, "relative_strength": 0.731726, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.356129, "energy": 13.871345, "activity_lines": [ 16.166, 16.652909, 17.488286, 16.791935 ] }, { "date": "2025-02-07", "close": 17.950001, "volume": 32833819, "typical_volume": 52792960.6, "trend": 15.781667, "fair_value": 21.028958, "relative_strength": 5.388373, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.770798, "energy": 12.964628, "activity_lines": [ 16.862, 16.749818, 17.544333, 16.943957 ] }, { "date": "2025-02-14", "close": 18.57, "volume": 41271592, "typical_volume": 52116926.65, "trend": 16.007, "fair_value": 20.857004, "relative_strength": 6.984162, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.958396, "energy": 26.371857, "activity_lines": [ 17.568, 16.994, 17.637095, 17.123849 ] }, { "date": "2025-02-21", "close": 18.18, "volume": 42988325, "typical_volume": 53187703.05, "trend": 16.208, "fair_value": 20.692497, "relative_strength": 2.666586, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.222142, "energy": 29.657275, "activity_lines": [ 17.91, 17.201637, 17.674286, 17.264043 ] }, { "date": "2025-02-28", "close": 16.4, "volume": 41652497, "typical_volume": 50848765.5, "trend": 16.345, "fair_value": 20.573133, "relative_strength": -3.737876, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 23.912806, "energy": 20.110584, "activity_lines": [ 17.522, 17.104546, 17.537524, 17.27643 ] }, { "date": "2025-03-07", "close": 17.780001, "volume": 45855830, "typical_volume": 49514074.4, "trend": 16.547667, "fair_value": 20.4834, "relative_strength": 2.34556, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.600602, "energy": 21.215517, "activity_lines": [ 17.608667, 17.291273, 17.525524, 17.369011 ] }, { "date": "2025-03-14", "close": 18.389999, "volume": 52620520, "typical_volume": 48516418.15, "trend": 16.759667, "fair_value": 20.397386, "relative_strength": 4.820726, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.622688, "energy": 24.556664, "activity_lines": [ 17.813333, 17.576909, 17.567476, 17.487871 ] }, { "date": "2025-03-21", "close": 17.139999, "volume": 30610874, "typical_volume": 45953727.5, "trend": 16.939, "fair_value": 20.307504, "relative_strength": 0.719758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.998551, "energy": 6.774921, "activity_lines": [ 17.572, 17.573636, 17.484619, 17.512409 ] }, { "date": "2025-03-28", "close": 16.200001, "volume": 23699486, "typical_volume": 40768785.65, "trend": 17.072333, "fair_value": 20.222371, "relative_strength": -3.803153, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.699949, "energy": 4.00563, "activity_lines": [ 17.112667, 17.361636, 17.305476, 17.464731 ] }, { "date": "2025-04-04", "close": 16.030001, "volume": 22589565, "typical_volume": 37579773.55, "trend": 17.205667, "fair_value": 20.145393, "relative_strength": -2.413285, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.71102, "energy": 29.729652, "activity_lines": [ 16.728667, 17.117455, 17.146953, 17.397484 ] }, { "date": "2025-04-11", "close": 13.83, "volume": 45728115, "typical_volume": 36291048.3, "trend": 17.256667, "fair_value": 20.055779, "relative_strength": -10.959047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.450993, "energy": 67.239907, "activity_lines": [ 15.636, 16.484, 16.796333, 17.179699 ] }, { "date": "2025-04-18", "close": 13.47, "volume": 25641812, "typical_volume": 35536972.25, "trend": 17.263667, "fair_value": 19.968831, "relative_strength": -12.644693, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.823555, "energy": 78.91994, "activity_lines": [ 14.686667, 15.833637, 16.438048, 16.935398 ] }, { "date": "2025-04-25", "close": 13.21, "volume": 26216257, "typical_volume": 34825953.9, "trend": 17.214, "fair_value": 19.881491, "relative_strength": -15.138107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.313584, "energy": 82.75485, "activity_lines": [ 13.978667, 15.217455, 16.085381, 16.673871 ] }, { "date": "2025-05-02", "close": 13.31, "volume": 16728656, "typical_volume": 33391651.0, "trend": 17.082667, "fair_value": 19.810222, "relative_strength": -14.024845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.042936, "energy": 81.939399, "activity_lines": [ 13.566, 14.716909, 15.776762, 16.422 ] }, { "date": "2025-05-09", "close": 13.85, "volume": 30684103, "typical_volume": 33190655.65, "trend": 17.044333, "fair_value": 19.755994, "relative_strength": -12.370455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.347869, "energy": 76.850063, "activity_lines": [ 13.526, 14.403091, 15.547714, 16.213441 ] }, { "date": "2025-05-16", "close": 13.74, "volume": 50671543, "typical_volume": 32678113.95, "trend": 16.938667, "fair_value": 19.71426, "relative_strength": -13.307539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.310213, "energy": 57.866011, "activity_lines": [ 13.594667, 14.115636, 15.328952, 16.000258 ] }, { "date": "2025-05-23", "close": 13.2, "volume": 32498274, "typical_volume": 32861624.45, "trend": 16.806, "fair_value": 19.687745, "relative_strength": -16.135305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.871097, "energy": 51.509969, "activity_lines": [ 13.489333, 13.803455, 15.074857, 15.759054 ] }, { "date": "2025-05-30", "close": 13.21, "volume": 31167214, "typical_volume": 33103426.25, "trend": 16.722333, "fair_value": 19.654153, "relative_strength": -15.082346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.109587, "energy": 49.617231, "activity_lines": [ 13.405333, 13.587455, 14.830286, 15.527054 ] }, { "date": "2025-06-06", "close": 13.83, "volume": 24313288, "typical_volume": 32634359.7, "trend": 16.385667, "fair_value": 19.621603, "relative_strength": -12.355173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.687345, "energy": 45.519987, "activity_lines": [ 13.528, 13.555636, 14.653571, 15.340452 ] }, { "date": "2025-06-13", "close": 13.49, "volume": 28252716, "typical_volume": 32710308.8, "trend": 16.179, "fair_value": 19.586282, "relative_strength": -13.881168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.824607, "energy": 45.48119, "activity_lines": [ 13.502667, 13.505091, 14.455429, 15.153634 ] }, { "date": "2025-06-20", "close": 13.35, "volume": 34222300, "typical_volume": 34012339.3, "trend": 15.976667, "fair_value": 19.552949, "relative_strength": -13.618385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.81831, "energy": 43.96266, "activity_lines": [ 13.454667, 13.475273, 14.258857, 14.971118 ] }, { "date": "2025-06-27", "close": 14.44, "volume": 45757840, "typical_volume": 34658540.35, "trend": 15.796333, "fair_value": 19.515064, "relative_strength": -9.844641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.554109, "energy": 29.681415, "activity_lines": [ 13.796, 13.652364, 14.181095, 14.871979 ] }, { "date": "2025-07-04", "close": 14.23, "volume": 37700424, "typical_volume": 34479981.95, "trend": 15.588667, "fair_value": 19.477115, "relative_strength": -12.165307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.068877, "energy": 24.451955, "activity_lines": [ 13.984667, 13.773636, 14.100048, 14.770925 ] }, { "date": "2025-07-11", "close": 14.33, "volume": 35716422, "typical_volume": 34116386.8, "trend": 15.425667, "fair_value": 19.436667, "relative_strength": -13.04241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.661662, "energy": 21.718394, "activity_lines": [ 14.138667, 13.894545, 14.049191, 14.68972 ] }, { "date": "2025-07-18", "close": 14.55, "volume": 45262330, "typical_volume": 34296878.45, "trend": 15.303667, "fair_value": 19.395705, "relative_strength": -13.476132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.184041, "energy": 23.563254, "activity_lines": [ 14.332667, 14.036909, 14.037619, 14.633226 ] }, { "date": "2025-07-25", "close": 13.69, "volume": 79842596, "typical_volume": 35996216.75, "trend": 15.189333, "fair_value": 19.349231, "relative_strength": -20.257407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.401404, "energy": 16.838907, "activity_lines": [ 14.169333, 14.010182, 13.952952, 14.529118 ] }, { "date": "2025-08-01", "close": 13.86, "volume": 62225302, "typical_volume": 36476455.85, "trend": 15.151333, "fair_value": 19.307821, "relative_strength": -17.787569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.387648, "energy": 15.677493, "activity_lines": [ 14.04, 14.015273, 13.903952, 14.443355 ] }, { "date": "2025-08-08", "close": 15.4, "volume": 92267376, "typical_volume": 39559280.95, "trend": 15.162667, "fair_value": 19.288205, "relative_strength": -9.768843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.294659, "energy": 7.489536, "activity_lines": [ 14.462667, 14.288364, 14.02319, 14.459398 ] }, { "date": "2025-08-15", "close": 15.09, "volume": 55813306, "typical_volume": 41164971.95, "trend": 15.128, "fair_value": 19.253462, "relative_strength": -15.277687, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.382902, "energy": 10.516645, "activity_lines": [ 14.704, 14.465273, 14.12119, 14.45471 ] }, { "date": "2025-08-22", "close": 16.15, "volume": 58298951, "typical_volume": 42950441.25, "trend": 15.112333, "fair_value": 19.220064, "relative_strength": -13.166972, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.744164, "energy": 42.107336, "activity_lines": [ 15.248, 14.812, 14.325429, 14.520645 ] }, { "date": "2025-08-29", "close": 16.120001, "volume": 71058439, "typical_volume": 44216957.45, "trend": 15.099667, "fair_value": 19.178654, "relative_strength": -16.746263, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.349736, "energy": 51.432758, "activity_lines": [ 15.675334, 15.104909, 14.526238, 14.585656 ] }, { "date": "2025-09-05", "close": 14.78, "volume": 47043817, "typical_volume": 45287057.7, "trend": 14.994, "fair_value": 19.134936, "relative_strength": -22.72886, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.268969, "energy": 42.221181, "activity_lines": [ 15.494, 15.103818, 14.588524, 14.565032 ] }, { "date": "2025-09-12", "close": 15.1, "volume": 31887812, "typical_volume": 45570635.45, "trend": 14.878333, "fair_value": 19.106346, "relative_strength": -22.72924, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.498357, "energy": 28.972173, "activity_lines": [ 15.358, 15.154727, 14.675048, 14.571871 ] }, { "date": "2025-09-19", "close": 14.5, "volume": 29795348, "typical_volume": 46223970.05, "trend": 14.755667, "fair_value": 19.08359, "relative_strength": -26.132055, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.939103, "energy": 9.544008, "activity_lines": [ 15.042, 15.080727, 14.695429, 14.547462 ] }, { "date": "2025-09-26", "close": 14.27, "volume": 31336842, "typical_volume": 46256607.0, "trend": 14.684667, "fair_value": 19.059487, "relative_strength": -27.633452, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.58149, "energy": 11.039742, "activity_lines": [ 14.688667, 14.961818, 14.688238, 14.516129 ] }, { "date": "2025-10-03", "close": 14.65, "volume": 8701936, "typical_volume": 44158126.65, "trend": 14.580333, "fair_value": 19.042885, "relative_strength": -26.927713, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.262634, "energy": 9.753521, "activity_lines": [ 14.587333, 14.917091, 14.715238, 14.513893 ] }, { "date": "2025-10-10", "close": 14.38, "volume": 11501400, "typical_volume": 43108282.95, "trend": 14.446667, "fair_value": 19.024039, "relative_strength": -26.963061, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.900608, "energy": 15.796714, "activity_lines": [ 14.494, 14.805818, 14.712191, 14.500968 ] }, { "date": "2025-10-17", "close": 15.04, "volume": 65775364, "typical_volume": 44838690.45, "trend": 14.376667, "fair_value": 19.018077, "relative_strength": -19.126669, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.88566, "energy": 14.892404, "activity_lines": [ 14.647333, 14.805091, 14.766381, 14.539247 ] }, { "date": "2025-10-24", "close": 15.42, "volume": 28082650, "typical_volume": 45027158.55, "trend": 14.350667, "fair_value": 19.021282, "relative_strength": -20.350451, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.368892, "energy": 21.268483, "activity_lines": [ 14.931333, 14.88, 14.848048, 14.606559 ] }, { "date": "2025-10-31", "close": 15.69, "volume": 36491198, "typical_volume": 45439082.65, "trend": 14.339333, "fair_value": 19.01609, "relative_strength": -19.142155, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.892599, "energy": 33.439022, "activity_lines": [ 15.244, 14.998, 14.947857, 14.692968 ] }, { "date": "2025-11-07", "close": 15.29, "volume": 33483118, "typical_volume": 45402123.55, "trend": 14.388, "fair_value": 19.00609, "relative_strength": -20.295312, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.575213, "energy": 42.455202, "activity_lines": [ 15.328667, 15.051636, 14.999095, 14.754301 ] }, { "date": "2025-11-14", "close": 14.85, "volume": 20110839, "typical_volume": 44119773.5, "trend": 14.434, "fair_value": 18.970256, "relative_strength": -20.73333, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.60838, "energy": 36.559926, "activity_lines": [ 15.224, 15.040364, 14.999191, 14.784108 ] }, { "date": "2025-11-21", "close": 16.65, "volume": 178509527, "typical_volume": 51160228.65, "trend": 14.548667, "fair_value": 18.92109, "relative_strength": -5.638022, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.550696, "energy": 50.054523, "activity_lines": [ 15.688, 15.355091, 15.168762, 14.927075 ] }, { "date": "2025-11-28", "close": 18.08, "volume": 130114571, "typical_volume": 55880136.1, "trend": 14.707667, "fair_value": 18.891026, "relative_strength": -0.402739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.652934, "energy": 68.051601, "activity_lines": [ 16.521333, 15.901636, 15.463, 15.154903 ] }, { "date": "2025-12-05", "close": 18.15, "volume": 111897309, "typical_volume": 59211885.05, "trend": 14.851, "fair_value": 18.815192, "relative_strength": -0.556129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.899985, "energy": 76.147025, "activity_lines": [ 17.200667, 16.395818, 15.746048, 15.376989 ] }, { "date": "2025-12-12", "close": 16.879999, "volume": 136219102, "typical_volume": 62030710.35, "trend": 14.955667, "fair_value": 18.750705, "relative_strength": -7.61969, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.137775, "energy": 69.021935, "activity_lines": [ 17.292666, 16.588545, 15.891, 15.507892 ] }, { "date": "2025-12-19", "close": 15.77, "volume": 99170635, "typical_volume": 63877977.0, "trend": 15.041333, "fair_value": 18.672308, "relative_strength": -12.294155, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.188488, "energy": 51.521457, "activity_lines": [ 16.908666, 16.538909, 15.915048, 15.56043 ] }, { "date": "2025-12-26", "close": 15.69, "volume": 51227006, "typical_volume": 61825958.5, "trend": 15.124, "fair_value": 18.611474, "relative_strength": -15.173679, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.77351, "energy": 24.938549, "activity_lines": [ 16.436666, 16.449454, 15.922381, 15.60228 ] }, { "date": "2026-01-02", "close": 15.36, "volume": 28730040, "typical_volume": 60471795.2, "trend": 15.175, "fair_value": 18.555321, "relative_strength": -16.022278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.130748, "energy": 17.161588, "activity_lines": [ 15.918667, 16.288182, 15.896905, 15.617505 ] }, { "date": "2026-01-09", "close": 16.059999, "volume": 61092550, "typical_volume": 60611475.15, "trend": 15.260667, "fair_value": 18.488782, "relative_strength": -15.414822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.086104, "energy": 19.139996, "activity_lines": [ 15.815333, 16.255272, 15.936809, 15.674602 ] }, { "date": "2026-01-16", "close": 15.96, "volume": 84497361, "typical_volume": 61283421.25, "trend": 15.347667, "fair_value": 18.420128, "relative_strength": -16.326504, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.806768, "energy": 16.792168, "activity_lines": [ 15.818, 16.197454, 15.967619, 15.71972 ] }, { "date": "2026-01-23", "close": 15.99, "volume": 40041248, "typical_volume": 60933292.8, "trend": 15.399333, "fair_value": 18.353077, "relative_strength": -16.47974, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.731384, "energy": 13.880319, "activity_lines": [ 15.892, 16.132909, 16.002047, 15.761161 ] }, { "date": "2026-01-30", "close": 14.8, "volume": 43266128, "typical_volume": 61502208.6, "trend": 15.418333, "fair_value": 18.275449, "relative_strength": -20.753423, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.057369, "energy": 5.734721, "activity_lines": [ 15.554667, 15.831273, 15.917381, 15.722495 ] }, { "date": "2026-02-06", "close": 14.89, "volume": 28059509, "typical_volume": 61415416.65, "trend": 15.437, "fair_value": 18.204487, "relative_strength": -17.803084, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.149591, "energy": 14.156585, "activity_lines": [ 15.306667, 15.579636, 15.842714, 15.688409 ] }, { "date": "2026-02-13", "close": 16.4, "volume": 48957969, "typical_volume": 62296473.0, "trend": 15.498667, "fair_value": 18.119167, "relative_strength": -9.959322, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.626807, "energy": 11.858704, "activity_lines": [ 15.593333, 15.660545, 15.91, 15.750538 ] }, { "date": "2026-02-27", "close": 15.65, "volume": 36264789, "typical_volume": 63674615.65, "trend": 15.564, "fair_value": 18.032949, "relative_strength": -15.697059, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.019647, "energy": 10.41721, "activity_lines": [ 15.607333, 15.636909, 15.895714, 15.760301 ] }, { "date": "2026-03-06", "close": 14.85, "volume": 38691279, "typical_volume": 65034109.6, "trend": 15.597, "fair_value": 17.956667, "relative_strength": -17.570369, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.547863, "energy": 14.758503, "activity_lines": [ 15.375333, 15.490182, 15.800476, 15.714236 ] }, { "date": "2026-03-13", "close": 14.8, "volume": 37693961, "typical_volume": 63630039.45, "trend": 15.577, "fair_value": 17.884231, "relative_strength": -17.719066, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.840616, "energy": 12.578531, "activity_lines": [ 15.202667, 15.351091, 15.698238, 15.662817 ] }, { "date": "2026-03-20", "close": 14.08, "volume": 26737772, "typical_volume": 63562795.55, "trend": 15.543333, "fair_value": 17.798269, "relative_strength": -18.561229, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.104566, "energy": 43.539713, "activity_lines": [ 14.79, 15.097273, 15.528571, 15.566236 ] }, { "date": "2026-03-27", "close": 13.53, "volume": 28202518, "typical_volume": 63148361.55, "trend": 15.456, "fair_value": 17.712821, "relative_strength": -20.378587, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.797178, "energy": 69.258733, "activity_lines": [ 14.248, 14.766727, 15.312905, 15.436344 ] }, { "date": "2026-04-03", "close": 12.38, "volume": 30694970, "typical_volume": 63008954.15, "trend": 15.331333, "fair_value": 17.6075, "relative_strength": -24.214717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.067605, "energy": 80.796123, "activity_lines": [ 13.514, 14.273091, 14.998, 15.237892 ] }, { "date": "2026-04-10", "close": 12.97, "volume": 21030020, "typical_volume": 63054913.2, "trend": 15.271, "fair_value": 17.504423, "relative_strength": -25.157561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.930774, "energy": 79.167349, "activity_lines": [ 13.194667, 13.951818, 14.753143, 15.085548 ] }, { "date": "2026-04-17", "close": 13.02, "volume": 22994764, "typical_volume": 55279175.05, "trend": 15.201667, "fair_value": 17.394295, "relative_strength": -27.161164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.268632, "energy": 77.142695, "activity_lines": [ 13.017333, 13.694545, 14.522, 14.940323 ] }, { "date": "2026-04-24", "close": 12.5, "volume": 26722566, "typical_volume": 50109574.8, "trend": 15.135, "fair_value": 17.251987, "relative_strength": -29.718884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.482186, "energy": 79.216505, "activity_lines": [ 12.785333, 13.375091, 14.258619, 14.766021 ] }, { "date": "2026-05-01", "close": 13.08, "volume": 23700384, "typical_volume": 45699728.55, "trend": 15.095333, "fair_value": 17.139038, "relative_strength": -26.720055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.153738, "energy": 57.5038, "activity_lines": [ 12.852, 13.204545, 14.077048, 14.633441 ] }, { "date": "2026-05-08", "close": 13.25, "volume": 13925520, "typical_volume": 39585049.45, "trend": 15.048667, "fair_value": 17.051538, "relative_strength": -27.360699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.401759, "energy": 47.774326, "activity_lines": [ 13.005333, 13.125273, 13.93581, 14.514387 ] }, { "date": "2026-05-15", "close": 12.63, "volume": 32749462, "typical_volume": 36263990.8, "trend": 14.990333, "fair_value": 16.976282, "relative_strength": -30.111223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.86295, "energy": 46.881983, "activity_lines": [ 12.894, 12.976909, 13.75281, 14.358344 ] }, { "date": "2026-05-22", "close": 12.26, "volume": 29284577, "typical_volume": 35166869.35, "trend": 14.897667, "fair_value": 16.901154, "relative_strength": -31.67712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.747848, "energy": 48.929705, "activity_lines": [ 12.682, 12.801636, 13.549524, 14.182194 ] }, { "date": "2026-05-29", "close": 11.02, "volume": 29437397, "typical_volume": 35202237.2, "trend": 14.751, "fair_value": 16.822628, "relative_strength": -37.88198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.619934, "energy": 68.094239, "activity_lines": [ 12.107333, 12.447091, 13.244476, 13.932021 ] }, { "date": "2026-06-05", "close": 10.98, "volume": 4822556, "typical_volume": 32388737.5, "trend": 14.594, "fair_value": 16.7475, "relative_strength": -36.412204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.550406, "energy": 86.312815, "activity_lines": [ 11.618, 12.140909, 12.956286, 13.688731 ] }, { "date": "2026-06-12", "close": 10.45, "volume": 4331000, "typical_volume": 28380419.45, "trend": 14.432667, "fair_value": 16.672179, "relative_strength": -37.355951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.036102, "energy": 92.219597, "activity_lines": [ 11.092, 11.784727, 12.64181, 13.421376 ] }, { "date": "2026-06-19", "close": 10.27, "volume": 22626860, "typical_volume": 27509700.05, "trend": 14.28, "fair_value": 16.582756, "relative_strength": -41.839511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.210985, "energy": 91.859622, "activity_lines": [ 10.692667, 11.430909, 12.336429, 13.152817 ] }, { "date": "2026-06-26", "close": 9.5, "volume": 7473300, "typical_volume": 25720058.65, "trend": 14.041667, "fair_value": 16.487821, "relative_strength": -44.645304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.45805, "energy": 94.22598, "activity_lines": [ 10.194, 10.986182, 11.984952, 12.84443 ] }, { "date": "2026-07-03", "close": 9.83, "volume": 10145487, "typical_volume": 24824357.55, "trend": 13.766667, "fair_value": 16.397821, "relative_strength": -41.253444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.238573, "energy": 89.765131, "activity_lines": [ 9.989333, 10.665455, 11.690143, 12.57271 ] }, { "date": "2026-07-10", "close": 9.65, "volume": 32438506, "typical_volume": 23998384.4, "trend": 13.483333, "fair_value": 16.309679, "relative_strength": -39.444187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.996904, "energy": 86.421231, "activity_lines": [ 9.804, 10.360545, 11.402286, 12.307118 ] }, { "date": "2026-07-17", "close": 9.83, "volume": 39240379, "typical_volume": 24147163.9, "trend": 13.248333, "fair_value": 16.242436, "relative_strength": -31.510909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.486984, "energy": 66.556706, "activity_lines": [ 9.767333, 10.150727, 11.163714, 12.071419 ] }, { "date": "2026-07-24", "close": 8.92, "volume": 48230068, "typical_volume": 24624103.35, "trend": 13.02, "fair_value": 16.166603, "relative_strength": -37.368478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.302008, "energy": 70.677818, "activity_lines": [ 9.468667, 9.837636, 10.86619, 11.792172 ] }, { "date": "2026-07-31", "close": 10.05, "volume": 40879129, "typical_volume": 24783361.75, "trend": 12.832, "fair_value": 16.076667, "relative_strength": -27.764403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.403649, "energy": 61.700225, "activity_lines": [ 9.636667, 9.797455, 10.704524, 11.600559 ] }, { "date": "2026-08-07", "close": 10.32, "volume": 40081840, "typical_volume": 25450565.15, "trend": 12.664, "fair_value": 16.000192, "relative_strength": -28.897755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.00792, "energy": 47.527139, "activity_lines": [ 9.858, 9.846545, 10.59119, 11.438495 ] } ], "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." } } }