{ "ticker": { "uuid": "d9634b65-4d60-48c8-ad98-afbcc1500045", "symbol": "603212", "name": "Cybrid Technologies Inc.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.281, "architecture_energy": 74.579, "architecture_maturity": 24.195, "architecture_confidence": 85.138, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.96, "rotation_up": 9.63, "upward_expansion": 16.97, "deceleration": 38.07, "rotation_down": 73.29, "downward_expansion": 90.31 }, "activity_lines": [ 10.852667, 11.554, 12.71319, 13.214344 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.45, "trend_reference": 13.92, "distance_from_trend": -0.177443, "trend_direction": "Weakening", "fair_value": 12.746096, "distance_from_fair_value": -0.101686, "fair_value_direction": "Weakening", "relative_strength": -12.795904, "relative_strength_direction": "Weakening", "price_momentum": -0.292336, "excess_performance": -0.249132, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.177443, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.013559, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.101686, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.182106, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127959, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.172767, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.292336, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.527667, "read": "Supply-led" } ], "volume": { "latest": 56145326, "relative_activity": 0.742252, "balance": 0.527667, "dry_up": 0.835892, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.129862, "annualized_volatility": 0.488268, "from_high_reference": -0.39895, "from_low_reference": 0.269401 }, "levels": { "trend_reference": 13.92, "fair_value_reference": 12.746096, "structural_low": 9.02, "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": 27, "median_return": 0.001443, "positive_rate": 0.518519, "directional_follow_through": 0.481481, "median_excess_return": -0.000353, "regime_survival": 0.888889, "best_return": 0.298507, "worst_return": -0.20389, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.065293, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.051373, "regime_survival": 0.666667, "best_return": 0.252688, "worst_return": -0.267554, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.013155, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.042869, "regime_survival": 0.4, "best_return": 0.18172, "worst_return": -0.251816, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.01422, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019786, "regime_survival": 0.5, "best_return": 0.492813, "worst_return": -0.392907, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.144632, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.135164, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.12, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": 0.143011, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.073128, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.028326, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": 0.127443, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.0677, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": 0.196542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-06", "tenure": "Established", "return": 0.114198, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.101683, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.003613, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-03", "tenure": "Developing", "return": -0.092701, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.006076, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 18.651247, "volume": 53580773, "typical_volume": 51688345.4, "trend": 24.249536, "fair_value": 27.547286, "relative_strength": -26.991803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.677591, "energy": 46.502553, "activity_lines": [ 19.552657, 19.605768, 20.149719, 21.668298 ] }, { "date": "2023-08-04", "close": 18.919682, "volume": 37960871, "typical_volume": 50945977.85, "trend": 23.836351, "fair_value": 27.499275, "relative_strength": -25.874995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.470757, "energy": 45.02411, "activity_lines": [ 19.238489, 19.476212, 19.935534, 21.324437 ] }, { "date": "2023-08-11", "close": 17.905594, "volume": 29243900, "typical_volume": 50169409.9, "trend": 23.31198, "fair_value": 27.451807, "relative_strength": -27.320845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.964166, "energy": 56.550668, "activity_lines": [ 18.704271, 19.187743, 19.654158, 20.941807 ] }, { "date": "2023-08-18", "close": 17.010813, "volume": 25723313, "typical_volume": 48840688.15, "trend": 22.794664, "fair_value": 27.38219, "relative_strength": -29.346153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.651929, "energy": 73.564773, "activity_lines": [ 17.970549, 18.769354, 19.322868, 20.53528 ] }, { "date": "2023-08-25", "close": 15.847594, "volume": 28557785, "typical_volume": 48012842.8, "trend": 22.202681, "fair_value": 27.258518, "relative_strength": -32.266592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.760045, "energy": 84.803937, "activity_lines": [ 17.165908, 18.163184, 18.919369, 20.087082 ] }, { "date": "2023-09-01", "close": 16.593246, "volume": 28339626, "typical_volume": 47516793.15, "trend": 21.691532, "fair_value": 27.178489, "relative_strength": -30.106801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.838143, "energy": 80.870127, "activity_lines": [ 16.807994, 17.759899, 18.628175, 19.725183 ] }, { "date": "2023-09-08", "close": 16.652899, "volume": 66341860, "typical_volume": 48939860.6, "trend": 21.253827, "fair_value": 27.087083, "relative_strength": -29.101979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.881114, "energy": 75.168763, "activity_lines": [ 16.607165, 17.413374, 18.377064, 19.40011 ] }, { "date": "2023-09-15", "close": 16.394405, "volume": 25139833, "typical_volume": 47743229.7, "trend": 20.832202, "fair_value": 27.004019, "relative_strength": -29.904357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.646417, "energy": 64.824921, "activity_lines": [ 16.471291, 17.09324, 18.127406, 19.086599 ] }, { "date": "2023-09-22", "close": 16.195566, "volume": 19492759, "typical_volume": 47901701.45, "trend": 20.41778, "fair_value": 26.901695, "relative_strength": -30.719637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.679093, "energy": 55.259397, "activity_lines": [ 16.369882, 16.791364, 17.8784, 18.787461 ] }, { "date": "2023-09-29", "close": 16.384464, "volume": 20147258, "typical_volume": 47385333.1, "trend": 20.060693, "fair_value": 26.816743, "relative_strength": -29.164825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.181882, "energy": 51.9991, "activity_lines": [ 16.38579, 16.625061, 17.66665, 18.527247 ] }, { "date": "2023-10-13", "close": 16.404348, "volume": 23648337, "typical_volume": 46458750.05, "trend": 19.722709, "fair_value": 26.72934, "relative_strength": -28.319365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.205545, "energy": 49.736243, "activity_lines": [ 16.372534, 16.506661, 17.472713, 18.291354 ] }, { "date": "2023-10-20", "close": 15.370377, "volume": 22806845, "typical_volume": 44134889.0, "trend": 19.398665, "fair_value": 26.638328, "relative_strength": -30.234454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.429225, "energy": 58.773788, "activity_lines": [ 16.027214, 16.241118, 17.20022, 18.010558 ] }, { "date": "2023-10-27", "close": 15.489681, "volume": 26956295, "typical_volume": 43099307.1, "trend": 19.071024, "fair_value": 26.549905, "relative_strength": -30.170493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.484906, "energy": 74.044899, "activity_lines": [ 15.807163, 16.0618, 16.962661, 17.758366 ] }, { "date": "2023-11-03", "close": 15.847594, "volume": 21410896, "typical_volume": 42417265.1, "trend": 18.762229, "fair_value": 26.451387, "relative_strength": -28.41845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.438346, "energy": 69.096702, "activity_lines": [ 15.766732, 15.991483, 16.779275, 17.550403 ] }, { "date": "2023-11-10", "close": 16.424232, "volume": 24832802, "typical_volume": 41793650.9, "trend": 18.492412, "fair_value": 26.349019, "relative_strength": -25.666797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.173471, "energy": 51.330644, "activity_lines": [ 15.941712, 16.047158, 16.662557, 17.399564 ] }, { "date": "2023-11-17", "close": 16.414289, "volume": 24569301, "typical_volume": 41974726.9, "trend": 18.245642, "fair_value": 26.257278, "relative_strength": -25.342192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.085238, "energy": 37.837228, "activity_lines": [ 16.110726, 16.090541, 16.559775, 17.265492 ] }, { "date": "2023-11-24", "close": 15.797885, "volume": 19738058, "typical_volume": 39132960.35, "trend": 18.034635, "fair_value": 26.128571, "relative_strength": -26.963598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.852614, "energy": 35.426237, "activity_lines": [ 16.07361, 16.025105, 16.411165, 17.107572 ] }, { "date": "2023-12-01", "close": 15.459855, "volume": 16189433, "typical_volume": 36527784.75, "trend": 17.866363, "fair_value": 25.982918, "relative_strength": -27.19621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.154467, "energy": 42.284139, "activity_lines": [ 15.895316, 15.913754, 16.253655, 16.941457 ] }, { "date": "2023-12-08", "close": 14.952812, "volume": 18114369, "typical_volume": 31565726.6, "trend": 17.69008, "fair_value": 25.853195, "relative_strength": -27.088712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.934722, "energy": 53.151073, "activity_lines": [ 15.549996, 15.727205, 16.066556, 16.753486 ] }, { "date": "2023-12-15", "close": 14.694319, "volume": 17447128, "typical_volume": 27512072.1, "trend": 17.522303, "fair_value": 25.723954, "relative_strength": -26.533621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.395977, "energy": 81.813536, "activity_lines": [ 15.178164, 15.516254, 15.887268, 16.560211 ] }, { "date": "2023-12-22", "close": 14.763913, "volume": 23920622, "typical_volume": 26029064.55, "trend": 17.328199, "fair_value": 25.608302, "relative_strength": -24.209542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.785704, "energy": 82.630263, "activity_lines": [ 14.944858, 15.348685, 15.734255, 16.382251 ] }, { "date": "2023-12-29", "close": 17.269306, "volume": 24794030, "typical_volume": 25370722.5, "trend": 17.226498, "fair_value": 25.501415, "relative_strength": -12.293675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.838376, "energy": 30.561792, "activity_lines": [ 15.656708, 15.666469, 15.838363, 16.378451 ] }, { "date": "2024-01-05", "close": 16.841799, "volume": 176537432, "typical_volume": 32735399.1, "trend": 17.130963, "fair_value": 25.376695, "relative_strength": -12.31802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.331216, "energy": 12.51172, "activity_lines": [ 16.127961, 15.871998, 15.909614, 16.353632 ] }, { "date": "2024-01-12", "close": 18.044783, "volume": 226672014, "typical_volume": 42782834.15, "trend": 17.121957, "fair_value": 25.263523, "relative_strength": -3.418618, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.319932, "energy": 23.970589, "activity_lines": [ 16.908078, 16.271668, 16.100501, 16.412588 ] }, { "date": "2024-01-19", "close": 16.921333, "volume": 113443453, "typical_volume": 47027117.55, "trend": 17.034341, "fair_value": 25.111328, "relative_strength": -6.54562, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.117837, "energy": 29.735054, "activity_lines": [ 17.107581, 16.427125, 16.179469, 16.399644 ] }, { "date": "2024-01-26", "close": 15.092001, "volume": 92416564, "typical_volume": 50230964.45, "trend": 16.900124, "fair_value": 24.963569, "relative_strength": -17.643764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.465048, "energy": 20.4432, "activity_lines": [ 16.548839, 16.240938, 16.079102, 16.274332 ] }, { "date": "2024-02-02", "close": 12.049739, "volume": 82668740, "typical_volume": 51047308.45, "trend": 16.612137, "fair_value": 24.808256, "relative_strength": -28.626546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.577376, "energy": 47.365407, "activity_lines": [ 14.954138, 15.525654, 15.696144, 15.961404 ] }, { "date": "2024-02-09", "close": 12.029856, "volume": 52996134, "typical_volume": 52440123.5, "trend": 16.3669, "fair_value": 24.665079, "relative_strength": -30.919488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.497861, "energy": 74.053687, "activity_lines": [ 13.700779, 14.874903, 15.333213, 15.665773 ] }, { "date": "2024-02-23", "close": 13.779652, "volume": 78811329, "typical_volume": 55406052.0, "trend": 16.100785, "fair_value": 24.527585, "relative_strength": -23.428892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.483268, "energy": 68.326947, "activity_lines": [ 13.351482, 14.60466, 15.157712, 15.498854 ] }, { "date": "2024-03-01", "close": 13.86913, "volume": 102370682, "typical_volume": 59517223.2, "trend": 15.935747, "fair_value": 24.435691, "relative_strength": -22.392213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.238006, "energy": 70.199544, "activity_lines": [ 13.316354, 14.372017, 15.002238, 15.354876 ] }, { "date": "2024-03-08", "close": 14.097797, "volume": 66227821, "typical_volume": 61646197.4, "trend": 15.783965, "fair_value": 24.346834, "relative_strength": -20.53458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.817842, "energy": 53.825388, "activity_lines": [ 13.560927, 14.195952, 14.880519, 15.236299 ] }, { "date": "2024-03-15", "close": 14.197217, "volume": 62011742, "typical_volume": 63606442.25, "trend": 15.62655, "fair_value": 24.257169, "relative_strength": -19.268709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.258559, "energy": 30.261481, "activity_lines": [ 13.904922, 14.050075, 14.779252, 15.133928 ] }, { "date": "2024-03-22", "close": 13.799537, "volume": 39634290, "typical_volume": 64240342.0, "trend": 15.489681, "fair_value": 24.151937, "relative_strength": -20.378612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.588221, "energy": 23.833296, "activity_lines": [ 13.97319, 13.887749, 14.645698, 15.016056 ] }, { "date": "2024-03-29", "close": 12.656202, "volume": 34595315, "typical_volume": 64899562.95, "trend": 15.344528, "fair_value": 24.042332, "relative_strength": -25.919266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.115799, "energy": 33.830236, "activity_lines": [ 13.542369, 13.572858, 14.411303, 14.833251 ] }, { "date": "2024-04-05", "close": 12.705913, "volume": 26236074, "typical_volume": 64969726.55, "trend": 15.239805, "fair_value": 23.920153, "relative_strength": -25.386944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.566652, "energy": 39.235416, "activity_lines": [ 13.203014, 13.364979, 14.196839, 14.663018 ] }, { "date": "2024-04-12", "close": 12.019914, "volume": 36035719, "typical_volume": 65543047.45, "trend": 15.087361, "fair_value": 23.810242, "relative_strength": -27.320653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.319115, "energy": 62.957419, "activity_lines": [ 12.712541, 13.109017, 13.934748, 14.455283 ] }, { "date": "2024-04-19", "close": 10.985943, "volume": 51215979, "typical_volume": 67116943.5, "trend": 14.898462, "fair_value": 23.689867, "relative_strength": -33.683782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.255787, "energy": 78.879445, "activity_lines": [ 12.015937, 12.720917, 13.595109, 14.190675 ] }, { "date": "2024-04-26", "close": 11.582463, "volume": 37816394, "typical_volume": 68198291.55, "trend": 14.738064, "fair_value": 23.568222, "relative_strength": -29.766117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.411289, "energy": 76.7288, "activity_lines": [ 11.732257, 12.460616, 13.335196, 13.97674 ] }, { "date": "2024-05-03", "close": 11.990088, "volume": 17876860, "typical_volume": 68186416.1, "trend": 14.597881, "fair_value": 23.453655, "relative_strength": -26.925676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.589557, "energy": 74.622427, "activity_lines": [ 11.732257, 12.282564, 13.132568, 13.799451 ] }, { "date": "2024-05-10", "close": 12.407652, "volume": 38984383, "typical_volume": 69263278.85, "trend": 14.465321, "fair_value": 23.357046, "relative_strength": -24.961672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.874597, "energy": 70.691387, "activity_lines": [ 11.915853, 12.212969, 12.983817, 13.658146 ] }, { "date": "2024-05-17", "close": 12.288347, "volume": 25579446, "typical_volume": 69346220.05, "trend": 14.328121, "fair_value": 23.257849, "relative_strength": -25.073249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.592724, "energy": 46.244214, "activity_lines": [ 12.079565, 12.148256, 12.834591, 13.517696 ] }, { "date": "2024-05-24", "close": 13.411798, "volume": 151934739, "typical_volume": 75703255.5, "trend": 14.262835, "fair_value": 23.162646, "relative_strength": -15.974072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.475263, "energy": 26.358272, "activity_lines": [ 12.599865, 12.320705, 12.80415, 13.458578 ] }, { "date": "2024-05-31", "close": 12.745681, "volume": 129945245, "typical_volume": 73373646.15, "trend": 14.171368, "fair_value": 23.068656, "relative_strength": -19.452406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.053431, "energy": 22.696572, "activity_lines": [ 12.736402, 12.386322, 12.728638, 13.360697 ] }, { "date": "2024-06-07", "close": 11.46, "volume": 59244629, "typical_volume": 65002276.9, "trend": 14.025115, "fair_value": 22.972535, "relative_strength": -26.020859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.00039, "energy": 29.780893, "activity_lines": [ 12.366831, 12.23734, 12.550185, 13.18577 ] }, { "date": "2024-06-14", "close": 11.88, "volume": 30217848, "typical_volume": 60840996.65, "trend": 13.873641, "fair_value": 22.907139, "relative_strength": -22.194384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.83672, "energy": 31.75611, "activity_lines": [ 12.172599, 12.186471, 12.443089, 13.047376 ] }, { "date": "2024-06-21", "close": 11.36, "volume": 33541347, "typical_volume": 57897235.8, "trend": 13.705165, "fair_value": 22.835008, "relative_strength": -24.200062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.017119, "energy": 45.034589, "activity_lines": [ 11.840211, 12.056073, 12.310475, 12.885206 ] }, { "date": "2024-06-28", "close": 11.04, "volume": 31456283, "typical_volume": 55336612.95, "trend": 13.546568, "fair_value": 22.746148, "relative_strength": -24.921822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.977687, "energy": 63.1966, "activity_lines": [ 11.463045, 11.879492, 12.165156, 12.713259 ] }, { "date": "2024-07-05", "close": 10.54, "volume": 18982344, "typical_volume": 53635923.45, "trend": 13.382573, "fair_value": 22.64898, "relative_strength": -27.218182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.287675, "energy": 71.612671, "activity_lines": [ 11.077333, 11.611019, 11.977027, 12.519287 ] }, { "date": "2024-07-12", "close": 10.37, "volume": 41356470, "typical_volume": 51763180.5, "trend": 13.229813, "fair_value": 22.547006, "relative_strength": -28.069688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.126225, "energy": 75.745156, "activity_lines": [ 10.782, 11.33059, 11.779801, 12.324928 ] }, { "date": "2024-07-19", "close": 10.13, "volume": 27198322, "typical_volume": 48004562.5, "trend": 13.077669, "fair_value": 22.443809, "relative_strength": -29.245686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.765715, "energy": 79.581203, "activity_lines": [ 10.479333, 11.035982, 11.575955, 12.12494 ] }, { "date": "2024-07-26", "close": 9.85, "volume": 25550950, "typical_volume": 45970718.95, "trend": 12.913872, "fair_value": 22.329493, "relative_strength": -28.070888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.094155, "energy": 78.325652, "activity_lines": [ 10.2, 10.731876, 11.363248, 11.916703 ] }, { "date": "2024-08-02", "close": 10.03, "volume": 23367487, "typical_volume": 44038506.2, "trend": 12.672562, "fair_value": 22.201086, "relative_strength": -26.376579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.62858, "energy": 69.302666, "activity_lines": [ 10.081333, 10.504831, 11.187911, 11.730647 ] }, { "date": "2024-08-09", "close": 10.41, "volume": 81707852, "typical_volume": 46142184.3, "trend": 12.458168, "fair_value": 22.076627, "relative_strength": -21.775735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.051157, "energy": 51.496377, "activity_lines": [ 10.156667, 10.408364, 11.068608, 11.584675 ] }, { "date": "2024-08-16", "close": 10.29, "volume": 50905780, "typical_volume": 46957707.55, "trend": 12.199675, "fair_value": 21.965699, "relative_strength": -22.440852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.547325, "energy": 45.40756, "activity_lines": [ 10.200667, 10.332545, 10.954018, 11.444793 ] }, { "date": "2024-08-23", "close": 9.13, "volume": 35286570, "typical_volume": 47410232.35, "trend": 11.939964, "fair_value": 21.827932, "relative_strength": -29.872873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.24962, "energy": 54.868083, "activity_lines": [ 9.863333, 10.067091, 10.740219, 11.24675 ] }, { "date": "2024-08-30", "close": 9.74, "volume": 33025838, "typical_volume": 47259738.3, "trend": 11.761564, "fair_value": 21.703777, "relative_strength": -24.227201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.994206, "energy": 48.588235, "activity_lines": [ 9.796, 9.962545, 10.601543, 11.104817 ] }, { "date": "2024-09-06", "close": 11.09, "volume": 103938187, "typical_volume": 49895848.7, "trend": 11.729573, "fair_value": 21.587016, "relative_strength": -10.901017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.731623, "energy": 31.483586, "activity_lines": [ 10.186, 10.132909, 10.602296, 11.06149 ] }, { "date": "2024-09-13", "close": 9.94, "volume": 132245752, "typical_volume": 54617316.6, "trend": 11.659911, "fair_value": 21.459922, "relative_strength": -17.748255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.302778, "energy": 32.14084, "activity_lines": [ 10.122, 10.093273, 10.493029, 10.946034 ] }, { "date": "2024-09-20", "close": 9.71, "volume": 51262818, "typical_volume": 56286614.5, "trend": 11.524256, "fair_value": 21.346536, "relative_strength": -19.994166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.475478, "energy": 31.587979, "activity_lines": [ 10.012667, 10.022727, 10.369678, 10.820233 ] }, { "date": "2024-09-27", "close": 11.24, "volume": 72100297, "typical_volume": 57942410.2, "trend": 11.436618, "fair_value": 21.211711, "relative_strength": -17.327533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.236896, "energy": 15.292143, "activity_lines": [ 10.452, 10.242364, 10.4029, 10.801894 ] }, { "date": "2024-10-04", "close": 12.28, "volume": 30269394, "typical_volume": 58176907.6, "trend": 11.376025, "fair_value": 21.069884, "relative_strength": -15.870545, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.130623, "energy": 14.197854, "activity_lines": [ 11.097333, 10.630909, 10.540729, 10.856305 ] }, { "date": "2024-10-11", "close": 10.91, "volume": 84495644, "typical_volume": 54804952.85, "trend": 11.266451, "fair_value": 20.935401, "relative_strength": -21.852952, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.2954, "energy": 15.798601, "activity_lines": [ 11.116667, 10.726182, 10.548122, 10.826239 ] }, { "date": "2024-10-18", "close": 11.92, "volume": 65626570, "typical_volume": 51589019.1, "trend": 11.2038, "fair_value": 20.793156, "relative_strength": -15.142304, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.719856, "energy": 26.973877, "activity_lines": [ 11.484667, 10.989091, 10.663619, 10.868404 ] }, { "date": "2024-10-25", "close": 12.74, "volume": 167422203, "typical_volume": 56997897.8, "trend": 11.206593, "fair_value": 20.662845, "relative_strength": -9.832997, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.864748, "energy": 47.342041, "activity_lines": [ 11.994, 11.373636, 10.861143, 10.967513 ] }, { "date": "2024-11-01", "close": 12.42, "volume": 110382560, "typical_volume": 61006133.4, "trend": 11.197063, "fair_value": 20.539238, "relative_strength": -10.818522, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.197959, "energy": 42.360193, "activity_lines": [ 12.194667, 11.655455, 11.022095, 11.045798 ] }, { "date": "2024-11-08", "close": 13.45, "volume": 130941573, "typical_volume": 65876144.7, "trend": 11.244732, "fair_value": 20.426329, "relative_strength": -7.911441, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.982845, "energy": 59.378139, "activity_lines": [ 12.66, 12.064727, 11.278571, 11.191148 ] }, { "date": "2024-11-15", "close": 12.45, "volume": 145016023, "typical_volume": 71554131.7, "trend": 11.293534, "fair_value": 20.316333, "relative_strength": -10.972411, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.608148, "energy": 45.213609, "activity_lines": [ 12.714, 12.224727, 11.429857, 11.268908 ] }, { "date": "2024-11-22", "close": 11.86, "volume": 71879037, "typical_volume": 74198966.35, "trend": 11.302786, "fair_value": 20.203185, "relative_strength": -12.846004, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.435602, "energy": 36.340357, "activity_lines": [ 12.468667, 12.252727, 11.518238, 11.305454 ] }, { "date": "2024-11-29", "close": 12.2, "volume": 48746716, "typical_volume": 74568478.65, "trend": 11.309783, "fair_value": 20.091775, "relative_strength": -11.319326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.052395, "energy": 31.623622, "activity_lines": [ 12.340667, 12.307636, 11.632714, 11.363339 ] }, { "date": "2024-12-06", "close": 12.07, "volume": 46320676, "typical_volume": 75524596.35, "trend": 11.298528, "fair_value": 19.980162, "relative_strength": -13.640902, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.54781, "energy": 21.363117, "activity_lines": [ 12.205333, 12.293636, 11.726095, 11.412385 ] }, { "date": "2024-12-13", "close": 11.72, "volume": 49457898, "typical_volume": 76719943.75, "trend": 11.279583, "fair_value": 19.831091, "relative_strength": -15.216086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.60429, "energy": 17.963554, "activity_lines": [ 11.976667, 12.200909, 11.776905, 11.439577 ] }, { "date": "2024-12-20", "close": 11.27, "volume": 37104916, "typical_volume": 77406815.2, "trend": 11.208189, "fair_value": 19.676868, "relative_strength": -17.25179, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.610328, "energy": 15.6834, "activity_lines": [ 11.713333, 12.036545, 11.775952, 11.438958 ] }, { "date": "2024-12-27", "close": 10.67, "volume": 32708995, "typical_volume": 74956872.35, "trend": 11.139, "fair_value": 19.508719, "relative_strength": -21.678402, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.407059, "energy": 14.081417, "activity_lines": [ 11.328667, 11.756545, 11.711952, 11.404237 ] }, { "date": "2025-01-03", "close": 9.64, "volume": 25186198, "typical_volume": 73670893.25, "trend": 11.078333, "fair_value": 19.353433, "relative_strength": -24.059138, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.00237, "energy": 34.739652, "activity_lines": [ 10.68, 11.312, 11.548619, 11.307527 ] }, { "date": "2025-01-10", "close": 9.47, "volume": 26907719, "typical_volume": 73251950.7, "trend": 10.998, "fair_value": 19.206003, "relative_strength": -23.358688, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.156877, "energy": 58.882302, "activity_lines": [ 10.145333, 10.892909, 11.37219, 11.203763 ] }, { "date": "2025-01-17", "close": 10.69, "volume": 72889271, "typical_volume": 75245122.35, "trend": 10.975667, "fair_value": 19.077039, "relative_strength": -14.187068, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.530718, "energy": 50.234871, "activity_lines": [ 10.190667, 10.749273, 11.310333, 11.183892 ] }, { "date": "2025-01-24", "close": 10.48, "volume": 46280300, "typical_volume": 72362228.0, "trend": 10.957, "fair_value": 18.955423, "relative_strength": -14.981184, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.872, "energy": 48.106361, "activity_lines": [ 10.234667, 10.617636, 11.223952, 11.151914 ] }, { "date": "2025-01-31", "close": 10.13, "volume": 6367900, "typical_volume": 66068335.4, "trend": 10.943333, "fair_value": 18.824256, "relative_strength": -16.896649, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.650352, "energy": 35.190937, "activity_lines": [ 10.214667, 10.458182, 11.107143, 11.098559 ] }, { "date": "2025-02-07", "close": 10.78, "volume": 29959296, "typical_volume": 65003159.3, "trend": 10.957, "fair_value": 18.705633, "relative_strength": -12.468313, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.522203, "energy": 18.705578, "activity_lines": [ 10.447333, 10.448364, 11.051333, 11.088022 ] }, { "date": "2025-02-14", "close": 10.75, "volume": 39084446, "typical_volume": 63352366.75, "trend": 10.977667, "fair_value": 18.598473, "relative_strength": -13.394624, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.417105, "energy": 14.34849, "activity_lines": [ 10.594, 10.458909, 10.987571, 11.074667 ] }, { "date": "2025-02-21", "close": 10.75, "volume": 47333233, "typical_volume": 64205558.7, "trend": 11.007667, "fair_value": 18.49906, "relative_strength": -13.595531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.321525, "energy": 11.082743, "activity_lines": [ 10.655333, 10.493455, 10.926143, 11.059978 ] }, { "date": "2025-02-28", "close": 10.67, "volume": 66708450, "typical_volume": 63316199.0, "trend": 11.029, "fair_value": 18.404364, "relative_strength": -12.106748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.573606, "energy": 11.001461, "activity_lines": [ 10.686, 10.531091, 10.864381, 11.038194 ] }, { "date": "2025-03-07", "close": 10.62, "volume": 54893677, "typical_volume": 62779554.35, "trend": 11.036, "fair_value": 18.31678, "relative_strength": -13.182724, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.265032, "energy": 17.39789, "activity_lines": [ 10.687333, 10.570545, 10.799, 11.011806 ] }, { "date": "2025-03-14", "close": 10.86, "volume": 57154727, "typical_volume": 57266180.55, "trend": 11.055, "fair_value": 18.224561, "relative_strength": -11.752707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.105497, "energy": 15.278233, "activity_lines": [ 10.736, 10.654545, 10.762667, 11.000452 ] }, { "date": "2025-03-21", "close": 10.65, "volume": 40013992, "typical_volume": 53747752.15, "trend": 11.105667, "fair_value": 18.130304, "relative_strength": -11.406595, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.203921, "energy": 15.787142, "activity_lines": [ 10.709333, 10.678182, 10.715286, 10.974323 ] }, { "date": "2025-03-28", "close": 10.37, "volume": 45093576, "typical_volume": 49455352.3, "trend": 11.126667, "fair_value": 18.035259, "relative_strength": -12.887215, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.54143, "energy": 25.15835, "activity_lines": [ 10.596, 10.629455, 10.649667, 10.92686 ] }, { "date": "2025-04-04", "close": 10.55, "volume": 40786102, "typical_volume": 44243856.25, "trend": 11.108667, "fair_value": 17.965495, "relative_strength": -10.653094, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.169618, "energy": 20.599081, "activity_lines": [ 10.568, 10.619273, 10.615857, 10.889656 ] }, { "date": "2025-04-11", "close": 9.46, "volume": 41922400, "typical_volume": 42746024.4, "trend": 11.092667, "fair_value": 17.896807, "relative_strength": -16.837031, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.639429, "energy": 50.847721, "activity_lines": [ 10.184667, 10.409636, 10.487286, 10.78329 ] }, { "date": "2025-04-18", "close": 9.3, "volume": 19612162, "typical_volume": 41289296.7, "trend": 11.079, "fair_value": 17.837362, "relative_strength": -18.873025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.308689, "energy": 72.177536, "activity_lines": [ 9.825333, 10.183091, 10.354905, 10.667634 ] }, { "date": "2025-04-25", "close": 9.31, "volume": 22444937, "typical_volume": 40095509.75, "trend": 11.014667, "fair_value": 17.781257, "relative_strength": -18.825017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.871308, "energy": 75.718584, "activity_lines": [ 9.573333, 9.985273, 10.237286, 10.553505 ] }, { "date": "2025-05-02", "close": 9.27, "volume": 14923233, "typical_volume": 38368776.5, "trend": 10.914333, "fair_value": 17.726155, "relative_strength": -18.311684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.025107, "energy": 77.626243, "activity_lines": [ 9.397333, 9.806364, 10.129, 10.440946 ] }, { "date": "2025-05-09", "close": 9.58, "volume": 23824286, "typical_volume": 37704745.0, "trend": 10.87, "fair_value": 17.679844, "relative_strength": -16.676625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.536082, "energy": 71.258221, "activity_lines": [ 9.398, 9.710727, 10.061905, 10.35486 ] }, { "date": "2025-05-16", "close": 9.74, "volume": 36401894, "typical_volume": 37889389.95, "trend": 10.797333, "fair_value": 17.612006, "relative_strength": -15.451204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.793323, "energy": 44.07709, "activity_lines": [ 9.516667, 9.664, 10.018095, 10.281957 ] }, { "date": "2025-05-23", "close": 9.4, "volume": 26463185, "typical_volume": 37953239.3, "trend": 10.686, "fair_value": 17.546273, "relative_strength": -17.223288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.468268, "energy": 40.645817, "activity_lines": [ 9.503333, 9.571455, 9.946333, 10.191806 ] }, { "date": "2025-05-30", "close": 9.36, "volume": 24210355, "typical_volume": 37818371.1, "trend": 10.584, "fair_value": 17.476377, "relative_strength": -16.925839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.673408, "energy": 37.701216, "activity_lines": [ 9.47, 9.498182, 9.871905, 10.106258 ] }, { "date": "2025-06-06", "close": 9.63, "volume": 17596281, "typical_volume": 35053721.6, "trend": 10.456667, "fair_value": 17.395803, "relative_strength": -15.0433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.861312, "energy": 29.650529, "activity_lines": [ 9.523333, 9.497455, 9.823714, 10.04471 ] }, { "date": "2025-06-13", "close": 9.38, "volume": 27633502, "typical_volume": 34121381.7, "trend": 10.354333, "fair_value": 17.30216, "relative_strength": -16.497294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.55399, "energy": 32.414435, "activity_lines": [ 9.469333, 9.464727, 9.756762, 9.975247 ] }, { "date": "2025-06-20", "close": 10.63, "volume": 43213697, "typical_volume": 35963671.55, "trend": 10.313333, "fair_value": 17.225854, "relative_strength": -4.542845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.130045, "energy": 10.024669, "activity_lines": [ 9.845333, 9.680545, 9.814095, 9.993032 ] }, { "date": "2025-06-27", "close": 11.35, "volume": 363707645, "typical_volume": 52651089.0, "trend": 10.285, "fair_value": 17.143402, "relative_strength": 0.243919, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.037045, "energy": 27.204659, "activity_lines": [ 10.402, 10.006, 9.937619, 10.059914 ] }, { "date": "2025-07-04", "close": 12.9, "volume": 369395345, "typical_volume": 69166633.95, "trend": 10.312667, "fair_value": 17.056954, "relative_strength": 12.262821, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.273758, "energy": 56.745986, "activity_lines": [ 11.345333, 10.576, 10.206048, 10.228624 ] }, { "date": "2025-07-11", "close": 12.18, "volume": 221925458, "typical_volume": 77896245.2, "trend": 10.328, "fair_value": 16.966081, "relative_strength": 4.866071, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.91823, "energy": 79.361875, "activity_lines": [ 11.812667, 10.949818, 10.395667, 10.349097 ] }, { "date": "2025-07-18", "close": 11.65, "volume": 111642891, "typical_volume": 80142967.25, "trend": 10.340667, "fair_value": 16.85598, "relative_strength": -0.328554, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.99604, "energy": 76.96883, "activity_lines": [ 11.933333, 11.174364, 10.528, 10.434387 ] }, { "date": "2025-07-25", "close": 11.59, "volume": 85531560, "typical_volume": 81674861.4, "trend": 10.371333, "fair_value": 16.771394, "relative_strength": -2.371199, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.411016, "energy": 73.570664, "activity_lines": [ 11.882667, 11.350364, 10.649952, 10.514989 ] }, { "date": "2025-08-01", "close": 11.38, "volume": 61473731, "typical_volume": 81890811.6, "trend": 10.429333, "fair_value": 16.689767, "relative_strength": -3.088411, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.042569, "energy": 43.669571, "activity_lines": [ 11.698, 11.454545, 10.747286, 10.580065 ] }, { "date": "2025-08-08", "close": 11.32, "volume": 40815594, "typical_volume": 81930891.7, "trend": 10.491, "fair_value": 16.603387, "relative_strength": -5.30423, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.504755, "energy": 29.787365, "activity_lines": [ 11.491333, 11.511818, 10.836429, 10.637527 ] }, { "date": "2025-08-15", "close": 11.77, "volume": 104755637, "typical_volume": 84913994.75, "trend": 10.527, "fair_value": 16.519258, "relative_strength": -2.960447, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.241708, "energy": 29.521607, "activity_lines": [ 11.54, 11.615273, 10.965238, 10.720043 ] }, { "date": "2025-08-22", "close": 11.9, "volume": 85107260, "typical_volume": 87130052.65, "trend": 10.574333, "fair_value": 16.437545, "relative_strength": -5.147546, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.425577, "energy": 30.580513, "activity_lines": [ 11.659333, 11.703455, 11.099762, 10.808624 ] }, { "date": "2025-08-29", "close": 11.38, "volume": 79410208, "typical_volume": 89004443.05, "trend": 10.616, "fair_value": 16.357755, "relative_strength": -9.796297, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.794758, "energy": 26.051202, "activity_lines": [ 11.588667, 11.651273, 11.178333, 10.860602 ] }, { "date": "2025-09-05", "close": 13.27, "volume": 261447880, "typical_volume": 101096228.95, "trend": 10.699, "fair_value": 16.278049, "relative_strength": 6.769903, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.583976, "energy": 49.926474, "activity_lines": [ 12.162, 11.929091, 11.427762, 11.031828 ] }, { "date": "2025-09-12", "close": 12.26, "volume": 128528128, "typical_volume": 106400388.5, "trend": 10.749333, "fair_value": 16.182116, "relative_strength": -2.544503, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.058401, "energy": 40.759434, "activity_lines": [ 12.272667, 11.988364, 11.562095, 11.132538 ] }, { "date": "2025-09-19", "close": 11.53, "volume": 83583358, "typical_volume": 109833394.75, "trend": 10.775333, "fair_value": 16.101198, "relative_strength": -6.843548, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.170806, "energy": 33.654, "activity_lines": [ 12.077333, 11.926545, 11.612857, 11.182903 ] }, { "date": "2025-09-26", "close": 11.46, "volume": 59855324, "typical_volume": 111634946.65, "trend": 10.801667, "fair_value": 16.030596, "relative_strength": -7.24693, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.477677, "energy": 31.337334, "activity_lines": [ 11.874667, 11.863818, 11.64619, 11.227075 ] }, { "date": "2025-10-03", "close": 11.57, "volume": 20494667, "typical_volume": 110839585.3, "trend": 10.833333, "fair_value": 15.954304, "relative_strength": -7.288107, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.993011, "energy": 17.584357, "activity_lines": [ 11.738, 11.824545, 11.681048, 11.276645 ] }, { "date": "2025-10-10", "close": 11.43, "volume": 24936260, "typical_volume": 110763239.05, "trend": 10.852333, "fair_value": 15.894338, "relative_strength": -8.494353, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.711828, "energy": 20.795616, "activity_lines": [ 11.542, 11.760182, 11.693857, 11.31514 ] }, { "date": "2025-10-17", "close": 10.99, "volume": 59825950, "typical_volume": 112544018.8, "trend": 10.863667, "fair_value": 15.833389, "relative_strength": -10.277913, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.743771, "energy": 12.590938, "activity_lines": [ 11.322, 11.614909, 11.655095, 11.324022 ] }, { "date": "2025-10-24", "close": 11.28, "volume": 30680437, "typical_volume": 113198226.6, "trend": 10.894, "fair_value": 15.780314, "relative_strength": -9.941782, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.70125, "energy": 14.702331, "activity_lines": [ 11.283333, 11.528364, 11.63619, 11.350882 ] }, { "date": "2025-10-31", "close": 11.67, "volume": 49956627, "typical_volume": 114314382.85, "trend": 10.931333, "fair_value": 15.718151, "relative_strength": -6.454152, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.454156, "energy": 12.498281, "activity_lines": [ 11.391333, 11.521636, 11.646571, 11.400946 ] }, { "date": "2025-11-07", "close": 12.03, "volume": 52725431, "typical_volume": 114789969.55, "trend": 11.017, "fair_value": 15.647087, "relative_strength": -4.081588, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.183843, "energy": 15.459395, "activity_lines": [ 11.605333, 11.584545, 11.680333, 11.471828 ] }, { "date": "2025-11-14", "close": 12.34, "volume": 84228073, "typical_volume": 100815990.95, "trend": 11.118333, "fair_value": 15.592068, "relative_strength": -1.04413, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.675004, "energy": 28.595919, "activity_lines": [ 11.892, 11.692, 11.736952, 11.557183 ] }, { "date": "2025-11-21", "close": 12.0, "volume": 160590767, "typical_volume": 90375762.05, "trend": 11.208, "fair_value": 15.489023, "relative_strength": 0.443475, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.875637, "energy": 26.735434, "activity_lines": [ 12.004667, 11.754545, 11.756476, 11.614065 ] }, { "date": "2025-11-28", "close": 13.15, "volume": 141817294, "typical_volume": 86370353.85, "trend": 11.337333, "fair_value": 15.382711, "relative_strength": 8.741056, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.921168, "energy": 59.160717, "activity_lines": [ 12.433333, 12.030909, 11.88981, 11.739355 ] }, { "date": "2025-12-05", "close": 12.96, "volume": 114363041, "typical_volume": 86506361.35, "trend": 11.45, "fair_value": 15.252574, "relative_strength": 6.928449, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.017673, "energy": 65.875, "activity_lines": [ 12.674, 12.243273, 12.000429, 11.844043 ] }, { "date": "2025-12-12", "close": 12.55, "volume": 142965539, "typical_volume": 89378060.3, "trend": 11.543667, "fair_value": 15.131271, "relative_strength": 4.051345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.056677, "energy": 56.086878, "activity_lines": [ 12.692, 12.353818, 12.065762, 11.915011 ] }, { "date": "2025-12-19", "close": 14.67, "volume": 258978270, "typical_volume": 99253287.25, "trend": 11.719333, "fair_value": 15.009753, "relative_strength": 21.27434, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.775541, "energy": 77.07279, "activity_lines": [ 13.382, 12.832, 12.328429, 12.11671 ] }, { "date": "2025-12-26", "close": 15.32, "volume": 260618611, "typical_volume": 110243438.1, "trend": 11.918, "fair_value": 14.881826, "relative_strength": 23.75146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.112063, "energy": 80.899258, "activity_lines": [ 14.133333, 13.369455, 12.637333, 12.349011 ] }, { "date": "2026-01-02", "close": 14.29, "volume": 134218308, "typical_volume": 111716571.65, "trend": 12.073333, "fair_value": 14.787382, "relative_strength": 14.857792, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.068964, "energy": 70.822697, "activity_lines": [ 14.32, 13.640909, 12.829095, 12.502043 ] }, { "date": "2026-01-09", "close": 14.6, "volume": 188504915, "typical_volume": 116886454.4, "trend": 12.247333, "fair_value": 14.706576, "relative_strength": 12.64908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.561149, "energy": 72.552952, "activity_lines": [ 14.534, 13.914, 13.038381, 12.665054 ] }, { "date": "2026-01-16", "close": 15.23, "volume": 257842268, "typical_volume": 125808057.4, "trend": 12.400667, "fair_value": 14.603465, "relative_strength": 17.741303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.340899, "energy": 66.258207, "activity_lines": [ 14.848667, 14.248364, 13.29481, 12.857484 ] }, { "date": "2026-01-23", "close": 16.24, "volume": 185196326, "typical_volume": 121995479.7, "trend": 12.563667, "fair_value": 14.491948, "relative_strength": 23.97732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.495336, "energy": 58.336142, "activity_lines": [ 15.321333, 14.708182, 13.629095, 13.105183 ] }, { "date": "2026-01-30", "close": 16.18, "volume": 424905350, "typical_volume": 136814340.8, "trend": 12.673, "fair_value": 14.387138, "relative_strength": 23.456347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.452101, "energy": 54.2976, "activity_lines": [ 15.669333, 15.086182, 13.943524, 13.338495 ] }, { "date": "2026-02-06", "close": 16.969999, "volume": 294108472, "typical_volume": 147340596.5, "trend": 12.832667, "fair_value": 14.28049, "relative_strength": 30.433944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.049609, "energy": 56.881844, "activity_lines": [ 16.223333, 15.531818, 14.314524, 13.61572 ] }, { "date": "2026-02-13", "close": 15.72, "volume": 283548302, "typical_volume": 158525245.4, "trend": 12.968333, "fair_value": 14.176595, "relative_strength": 19.877925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.579517, "energy": 47.720756, "activity_lines": [ 16.182, 15.680727, 14.540571, 13.802 ] }, { "date": "2026-02-27", "close": 15.41, "volume": 103999641, "typical_volume": 162700494.1, "trend": 13.095667, "fair_value": 14.084453, "relative_strength": 14.874887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.967816, "energy": 41.84577, "activity_lines": [ 15.962666, 15.723091, 14.716809, 13.959527 ] }, { "date": "2026-03-06", "close": 14.44, "volume": 108039900, "typical_volume": 166855676.1, "trend": 13.197667, "fair_value": 13.990843, "relative_strength": 8.46709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.56757, "energy": 28.126612, "activity_lines": [ 15.408, 15.537091, 14.782381, 14.046258 ] }, { "date": "2026-03-13", "close": 14.26, "volume": 85120427, "typical_volume": 168120399.95, "trend": 13.295667, "fair_value": 13.898739, "relative_strength": 7.653303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.369148, "energy": 19.430901, "activity_lines": [ 14.913333, 15.322545, 14.816476, 14.114796 ] }, { "date": "2026-03-20", "close": 14.0, "volume": 70434486, "typical_volume": 170108102.4, "trend": 13.37, "fair_value": 13.814784, "relative_strength": 9.151901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.490965, "energy": 19.351452, "activity_lines": [ 14.46, 15.08, 14.810238, 14.160237 ] }, { "date": "2026-03-27", "close": 13.95, "volume": 124294395, "typical_volume": 173824990.8, "trend": 13.438333, "fair_value": 13.734054, "relative_strength": 9.706288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.861684, "energy": 18.396627, "activity_lines": [ 14.188, 14.833636, 14.786286, 14.197656 ] }, { "date": "2026-04-03", "close": 12.59, "volume": 80461210, "typical_volume": 175211779.75, "trend": 13.478667, "fair_value": 13.653915, "relative_strength": -0.21986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.01889, "energy": 20.707633, "activity_lines": [ 13.580667, 14.351818, 14.621952, 14.142925 ] }, { "date": "2026-04-10", "close": 12.81, "volume": 44003853, "typical_volume": 173200568.75, "trend": 13.463333, "fair_value": 13.573729, "relative_strength": -1.212395, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.918977, "energy": 31.456647, "activity_lines": [ 13.234667, 13.958, 14.475905, 14.099785 ] }, { "date": "2026-04-17", "close": 13.84, "volume": 61249044, "typical_volume": 168233482.6, "trend": 13.516, "fair_value": 13.501476, "relative_strength": 4.706852, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.331677, "energy": 28.457778, "activity_lines": [ 13.340667, 13.813818, 14.425714, 14.124086 ] }, { "date": "2026-04-24", "close": 13.89, "volume": 126684333, "typical_volume": 167476834.55, "trend": 13.594667, "fair_value": 13.433343, "relative_strength": 4.004538, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.082925, "energy": 25.483154, "activity_lines": [ 13.491333, 13.721273, 14.371524, 14.148215 ] }, { "date": "2026-05-01", "close": 13.7, "volume": 79849700, "typical_volume": 165751167.5, "trend": 13.669333, "fair_value": 13.368489, "relative_strength": 1.475393, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.085154, "energy": 12.260638, "activity_lines": [ 13.586, 13.650182, 14.295714, 14.155011 ] }, { "date": "2026-05-08", "close": 14.39, "volume": 48198944, "typical_volume": 161012837.75, "trend": 13.763333, "fair_value": 13.318885, "relative_strength": 4.480774, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.626075, "energy": 7.041818, "activity_lines": [ 13.927333, 13.741273, 14.282095, 14.201505 ] }, { "date": "2026-05-15", "close": 15.13, "volume": 128275231, "typical_volume": 154477685.8, "trend": 13.886667, "fair_value": 13.284411, "relative_strength": 10.526491, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.25678, "energy": 24.333981, "activity_lines": [ 14.395333, 13.985455, 14.33019, 14.289677 ] }, { "date": "2026-05-22", "close": 14.54, "volume": 86724654, "typical_volume": 145782987.95, "trend": 14.005, "fair_value": 13.247864, "relative_strength": 6.399928, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 26.601658, "energy": 21.048286, "activity_lines": [ 14.512, 14.109818, 14.319905, 14.331828 ] }, { "date": "2026-05-29", "close": 14.47, "volume": 147092014, "typical_volume": 146426673.25, "trend": 14.111333, "fair_value": 13.214161, "relative_strength": 6.579246, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.396724, "energy": 21.609382, "activity_lines": [ 14.558667, 14.216364, 14.306667, 14.361828 ] }, { "date": "2026-06-05", "close": 15.87, "volume": 30454154, "typical_volume": 138524135.2, "trend": 14.251333, "fair_value": 13.183924, "relative_strength": 17.302641, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.554119, "energy": 41.701119, "activity_lines": [ 15.033333, 14.568909, 14.425905, 14.47529 ] }, { "date": "2026-06-12", "close": 16.48, "volume": 38550379, "typical_volume": 127559540.75, "trend": 14.399667, "fair_value": 13.159306, "relative_strength": 20.837264, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.262216, "energy": 58.470493, "activity_lines": [ 15.566667, 14.997455, 14.59719, 14.619075 ] }, { "date": "2026-06-19", "close": 14.27, "volume": 137660270, "typical_volume": 125182737.95, "trend": 14.464, "fair_value": 13.124448, "relative_strength": 2.709259, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.37459, "energy": 34.794334, "activity_lines": [ 15.224, 14.953455, 14.552048, 14.61071 ] }, { "date": "2026-06-26", "close": 12.06, "volume": 22847778, "typical_volume": 105079859.35, "trend": 14.466, "fair_value": 13.084352, "relative_strength": -11.750276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.003592, "energy": 13.238349, "activity_lines": [ 14.202, 14.481091, 14.30581, 14.455613 ] }, { "date": "2026-07-03", "close": 12.43, "volume": 15488631, "typical_volume": 91148867.3, "trend": 14.442, "fair_value": 13.038713, "relative_strength": -9.287469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.308871, "energy": 45.454086, "activity_lines": [ 13.468667, 14.108364, 14.114429, 14.324258 ] }, { "date": "2026-07-10", "close": 11.52, "volume": 88089660, "typical_volume": 81375935.2, "trend": 14.394, "fair_value": 12.990004, "relative_strength": -14.52589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.844245, "energy": 68.442047, "activity_lines": [ 12.568, 13.596727, 13.858, 14.135742 ] }, { "date": "2026-07-17", "close": 10.21, "volume": 63121972, "typical_volume": 79332051.75, "trend": 14.316, "fair_value": 12.922829, "relative_strength": -19.227547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.024655, "energy": 85.812346, "activity_lines": [ 11.520667, 12.886545, 13.49681, 13.865806 ] }, { "date": "2026-07-24", "close": 10.2, "volume": 75081143, "typical_volume": 77684113.9, "trend": 14.167, "fair_value": 12.863938, "relative_strength": -20.080753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.71251, "energy": 86.670103, "activity_lines": [ 10.888, 12.250545, 13.159429, 13.600258 ] }, { "date": "2026-07-31", "close": 10.75, "volume": 58565436, "typical_volume": 76356364.35, "trend": 14.014667, "fair_value": 12.793341, "relative_strength": -15.965567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.687493, "energy": 82.383358, "activity_lines": [ 10.71, 11.804182, 12.894619, 13.379806 ] }, { "date": "2026-08-07", "close": 11.45, "volume": 56145326, "typical_volume": 75641906.35, "trend": 13.92, "fair_value": 12.746096, "relative_strength": -12.795904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.280853, "energy": 74.57872, "activity_lines": [ 10.852667, 11.554, 12.71319, 13.214344 ] } ], "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." } } }