{ "ticker": { "uuid": "dd4044a6-b0b4-498f-a107-d73515b1aa05", "symbol": "600288", "name": "Daheng New Epoch Technology 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": -62.082, "architecture_energy": 74.152, "architecture_maturity": 23.916, "architecture_confidence": 81.061, "architecture_tenure": "New", "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": 16.69, "rotation_up": 11.54, "upward_expansion": 19.23, "deceleration": 34.35, "rotation_down": 73.55, "downward_expansion": 90.23 }, "activity_lines": [ 11.039333, 11.930546, 12.844524, 13.443613 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 11.03, "trend_reference": 14.213, "distance_from_trend": -0.22395, "trend_direction": "Weakening", "fair_value": 10.832038, "distance_from_fair_value": 0.018276, "fair_value_direction": "Weakening", "relative_strength": -21.887878, "relative_strength_direction": "Weakening", "price_momentum": -0.276721, "excess_performance": -0.233517, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.22395, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.063641, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.018276, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.396616, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.218879, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.251589, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.276721, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.238092, "read": "Demand-led" } ], "volume": { "latest": 175714314, "relative_activity": 1.821791, "balance": 1.238092, "dry_up": 2.471645, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.161727, "annualized_volatility": 0.723572, "from_high_reference": -0.377891, "from_low_reference": 0.162276 }, "levels": { "trend_reference": 14.213, "fair_value_reference": 10.832038, "structural_low": 9.49, "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": 21, "median_return": 0.023204, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.01023, "regime_survival": 0.809524, "best_return": 0.297337, "worst_return": -0.234343, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.039908, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.01648, "regime_survival": 0.428571, "best_return": 0.789474, "worst_return": -0.180004, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.0653, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.154689, "regime_survival": 0.4, "best_return": 0.814365, "worst_return": -0.240139, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.141261, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.01672, "regime_survival": 0.0, "best_return": 0.61326, "worst_return": -0.061425, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": -0.007735, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": 0.133257, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.028431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-05", "tenure": "Developing", "return": 0.104167, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": 0.088144, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-12-12", "tenure": "Developing", "return": 0.08075, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.051931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.129552, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.011244, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.067385, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.103378, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": -0.048853, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.243047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.14657, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.662385, "volume": 14493169, "typical_volume": 34726252.7, "trend": 12.401548, "fair_value": 12.315197, "relative_strength": -19.562383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.017302, "energy": 82.210021, "activity_lines": [ 10.927699, 11.292572, 11.69685, 12.070974 ] }, { "date": "2023-08-04", "close": 11.27081, "volume": 35487224, "typical_volume": 33151773.15, "trend": 12.373953, "fair_value": 12.313146, "relative_strength": -14.824011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.399417, "energy": 75.367292, "activity_lines": [ 10.954296, 11.253763, 11.609314, 11.998024 ] }, { "date": "2023-08-11", "close": 10.452929, "volume": 22068429, "typical_volume": 31820148.8, "trend": 12.315438, "fair_value": 12.307774, "relative_strength": -17.964136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.265243, "energy": 79.349184, "activity_lines": [ 10.759468, 11.07314, 11.45329, 11.874087 ] }, { "date": "2023-08-18", "close": 10.014066, "volume": 16253719, "typical_volume": 30886473.85, "trend": 12.237307, "fair_value": 12.297744, "relative_strength": -19.373347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.503591, "energy": 83.336401, "activity_lines": [ 10.506124, 10.838294, 11.271428, 11.725611 ] }, { "date": "2023-08-25", "close": 9.552808, "volume": 13210297, "typical_volume": 29903099.55, "trend": 12.142804, "fair_value": 12.28673, "relative_strength": -20.782158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.705837, "energy": 83.959796, "activity_lines": [ 10.158873, 10.545697, 11.06226, 11.552417 ] }, { "date": "2023-09-01", "close": 10.131766, "volume": 16313283, "typical_volume": 27908755.25, "trend": 12.050975, "fair_value": 12.279235, "relative_strength": -17.264211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.33738, "energy": 79.679295, "activity_lines": [ 10.072595, 10.402115, 10.929283, 11.422673 ] }, { "date": "2023-09-08", "close": 10.331408, "volume": 15489660, "typical_volume": 24014886.75, "trend": 11.947183, "fair_value": 12.272321, "relative_strength": -14.689092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.552566, "energy": 73.554285, "activity_lines": [ 10.088239, 10.328235, 10.834708, 11.311733 ] }, { "date": "2023-09-15", "close": 10.401281, "volume": 18905135, "typical_volume": 22298168.55, "trend": 11.86334, "fair_value": 12.26312, "relative_strength": -13.665161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.368215, "energy": 53.791861, "activity_lines": [ 10.189801, 10.298103, 10.76, 11.211998 ] }, { "date": "2023-09-22", "close": 10.041928, "volume": 17976187, "typical_volume": 22666685.75, "trend": 11.764195, "fair_value": 12.25187, "relative_strength": -16.532685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.238421, "energy": 47.238218, "activity_lines": [ 10.175022, 10.227512, 10.65915, 11.094487 ] }, { "date": "2023-09-29", "close": 10.031946, "volume": 12226044, "typical_volume": 22064452.85, "trend": 11.651418, "fair_value": 12.244054, "relative_strength": -15.514133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.98853, "energy": 44.372163, "activity_lines": [ 10.155058, 10.17092, 10.565862, 10.982729 ] }, { "date": "2023-10-13", "close": 10.201641, "volume": 29508555, "typical_volume": 21679007.75, "trend": 11.540973, "fair_value": 12.236881, "relative_strength": -13.022279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.364614, "energy": 35.567958, "activity_lines": [ 10.159716, 10.155013, 10.494871, 10.889195 ] }, { "date": "2023-10-20", "close": 9.433023, "volume": 21811502, "typical_volume": 21612943.55, "trend": 11.413884, "fair_value": 12.227006, "relative_strength": -16.256644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.287788, "energy": 53.320805, "activity_lines": [ 9.90351, 10.007733, 10.35862, 10.753198 ] }, { "date": "2023-10-27", "close": 10.30146, "volume": 40317531, "typical_volume": 22509627.1, "trend": 11.297124, "fair_value": 12.222571, "relative_strength": -9.097747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.272387, "energy": 39.221333, "activity_lines": [ 9.996676, 10.051766, 10.315634, 10.681429 ] }, { "date": "2023-11-03", "close": 10.44121, "volume": 25132114, "typical_volume": 22715235.45, "trend": 11.194997, "fair_value": 12.217697, "relative_strength": -7.774432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.017571, "energy": 28.265225, "activity_lines": [ 10.143079, 10.123962, 10.293375, 10.626209 ] }, { "date": "2023-11-10", "close": 10.521066, "volume": 20565851, "typical_volume": 22461401.25, "trend": 11.079905, "fair_value": 12.213398, "relative_strength": -6.930748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.408651, "energy": 21.652199, "activity_lines": [ 10.289482, 10.202911, 10.283527, 10.58273 ] }, { "date": "2023-11-17", "close": 11.838694, "volume": 45202829, "typical_volume": 23492449.9, "trend": 11.001088, "fair_value": 12.21888, "relative_strength": 4.431372, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.79052, "energy": 24.622091, "activity_lines": [ 10.842487, 10.503824, 10.406015, 10.631684 ] }, { "date": "2023-11-24", "close": 12.976646, "volume": 296503367, "typical_volume": 36915811.85, "trend": 10.996774, "fair_value": 12.232739, "relative_strength": 14.943322, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.678528, "energy": 56.091146, "activity_lines": [ 11.665672, 10.980602, 10.6375, 10.759139 ] }, { "date": "2023-12-01", "close": 13.555605, "volume": 432099152, "typical_volume": 57342138.75, "trend": 11.045339, "fair_value": 12.248719, "relative_strength": 20.331971, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.378754, "energy": 71.345137, "activity_lines": [ 12.445602, 11.51455, 10.919658, 10.924225 ] }, { "date": "2023-12-08", "close": 12.068281, "volume": 191076966, "typical_volume": 65195861.85, "trend": 11.053303, "fair_value": 12.250776, "relative_strength": 9.398104, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.748419, "energy": 66.130923, "activity_lines": [ 12.512814, 11.720725, 11.051661, 10.990221 ] }, { "date": "2023-12-15", "close": 12.198048, "volume": 122291624, "typical_volume": 70346631.9, "trend": 11.082548, "fair_value": 12.254747, "relative_strength": 11.573174, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.92327, "energy": 62.647511, "activity_lines": [ 12.514811, 11.91365, 11.190515, 11.064076 ] }, { "date": "2023-12-22", "close": 11.2797, "volume": 72838830, "typical_volume": 73263914.95, "trend": 11.062896, "fair_value": 12.255438, "relative_strength": 4.213231, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.090814, "energy": 41.729791, "activity_lines": [ 12.098893, 11.90022, 11.234167, 11.076795 ] }, { "date": "2023-12-29", "close": 11.359557, "volume": 62427562, "typical_volume": 74610931.85, "trend": 11.053221, "fair_value": 12.256895, "relative_strength": 2.874377, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 39.003942, "energy": 21.238816, "activity_lines": [ 11.74686, 11.881708, 11.282485, 11.095935 ] }, { "date": "2024-01-05", "close": 10.890401, "volume": 40618531, "typical_volume": 75538436.95, "trend": 11.020924, "fair_value": 12.257635, "relative_strength": 0.259136, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.765102, "energy": 19.181129, "activity_lines": [ 11.346247, 11.742867, 11.2857, 11.08543 ] }, { "date": "2024-01-12", "close": 10.570976, "volume": 34744876, "typical_volume": 76462994.8, "trend": 10.991612, "fair_value": 12.256263, "relative_strength": -0.960025, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.722904, "energy": 19.25439, "activity_lines": [ 11.01684, 11.535241, 11.256409, 11.056401 ] }, { "date": "2024-01-19", "close": 9.882215, "volume": 35591497, "typical_volume": 77582054.8, "trend": 10.922385, "fair_value": 12.256074, "relative_strength": -5.603567, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.990552, "energy": 25.2578, "activity_lines": [ 10.557666, 11.200026, 11.15887, 10.984827 ] }, { "date": "2024-01-26", "close": 9.772413, "volume": 49730214, "typical_volume": 79252901.35, "trend": 10.849165, "fair_value": 12.253844, "relative_strength": -8.911022, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.165034, "energy": 34.962669, "activity_lines": [ 10.216281, 10.856462, 11.049305, 10.910635 ] }, { "date": "2024-02-02", "close": 7.616293, "volume": 49828381, "typical_volume": 80969837.4, "trend": 10.701748, "fair_value": 12.23932, "relative_strength": -23.927236, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.292264, "energy": 64.824403, "activity_lines": [ 9.256674, 10.158445, 10.736107, 10.702063 ] }, { "date": "2024-02-09", "close": 6.76782, "volume": 120743880, "typical_volume": 86061774.65, "trend": 10.535025, "fair_value": 12.219166, "relative_strength": -35.063344, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.2955, "energy": 86.63889, "activity_lines": [ 8.263794, 9.403622, 10.355031, 10.448261 ] }, { "date": "2024-02-23", "close": 8.604515, "volume": 134529196, "typical_volume": 91889425.1, "trend": 10.458117, "fair_value": 12.21174, "relative_strength": -20.730714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.617676, "energy": 77.365722, "activity_lines": [ 8.157985, 9.106157, 10.16618, 10.323712 ] }, { "date": "2024-03-01", "close": 8.87403, "volume": 180793292, "typical_volume": 100317787.5, "trend": 10.401497, "fair_value": 12.207377, "relative_strength": -18.378725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.139601, "energy": 74.767127, "activity_lines": [ 8.273111, 8.920673, 10.009843, 10.221513 ] }, { "date": "2024-03-08", "close": 8.864048, "volume": 125632094, "typical_volume": 105123964.45, "trend": 10.341553, "fair_value": 12.203968, "relative_strength": -18.510494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.401302, "energy": 62.108115, "activity_lines": [ 8.452123, 8.793811, 9.858068, 10.122323 ] }, { "date": "2024-03-15", "close": 9.233383, "volume": 90290577, "typical_volume": 108547918.2, "trend": 10.273639, "fair_value": 12.204771, "relative_strength": -14.89266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.104924, "energy": 33.040949, "activity_lines": [ 8.814803, 8.778021, 9.747838, 10.050828 ] }, { "date": "2024-03-22", "close": 9.882215, "volume": 105679898, "typical_volume": 111816036.55, "trend": 10.254615, "fair_value": 12.207507, "relative_strength": -8.24689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.606792, "energy": 23.016513, "activity_lines": [ 9.285955, 8.918858, 9.700352, 10.025575 ] }, { "date": "2024-03-29", "close": 8.893993, "volume": 93027575, "typical_volume": 115210809.6, "trend": 10.217279, "fair_value": 12.203081, "relative_strength": -16.714319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.917759, "energy": 22.142739, "activity_lines": [ 9.220073, 8.898349, 9.560746, 9.937793 ] }, { "date": "2024-04-05", "close": 9.313239, "volume": 111876934, "typical_volume": 119776363.75, "trend": 10.209293, "fair_value": 12.200516, "relative_strength": -13.01946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.631095, "energy": 21.213503, "activity_lines": [ 9.274642, 8.984558, 9.468436, 9.879468 ] }, { "date": "2024-04-12", "close": 8.424838, "volume": 80268637, "typical_volume": 121529654.15, "trend": 10.152396, "fair_value": 12.193719, "relative_strength": -19.424839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.383594, "energy": 25.805234, "activity_lines": [ 9.003796, 8.919584, 9.297268, 9.764341 ] }, { "date": "2024-04-19", "close": 7.566383, "volume": 73170781, "typical_volume": 110363024.85, "trend": 10.060228, "fair_value": 12.17296, "relative_strength": -28.024181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.60927, "energy": 44.417455, "activity_lines": [ 8.476079, 8.723029, 9.060599, 9.597502 ] }, { "date": "2024-04-26", "close": 7.905772, "volume": 51671855, "typical_volume": 91341660.0, "trend": 9.977045, "fair_value": 12.15285, "relative_strength": -24.648607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.59403, "energy": 50.550045, "activity_lines": [ 8.172625, 8.589088, 8.882015, 9.458505 ] }, { "date": "2024-05-03", "close": 8.09543, "volume": 22941254, "typical_volume": 82934874.4, "trend": 9.912161, "fair_value": 12.13243, "relative_strength": -22.646535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.741139, "energy": 58.168295, "activity_lines": [ 8.064153, 8.46894, 8.748398, 9.33711 ] }, { "date": "2024-05-10", "close": 7.975646, "volume": 37003111, "typical_volume": 78670448.75, "trend": 9.843618, "fair_value": 12.105454, "relative_strength": -24.513276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.714559, "energy": 64.359304, "activity_lines": [ 7.968991, 8.33627, 8.622292, 9.212174 ] }, { "date": "2024-05-17", "close": 7.885808, "volume": 27289767, "typical_volume": 76392995.6, "trend": 9.766424, "fair_value": 12.078411, "relative_strength": -24.899616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.619897, "energy": 59.977448, "activity_lines": [ 7.933056, 8.2036, 8.507736, 9.085863 ] }, { "date": "2024-05-24", "close": 7.336796, "volume": 24152031, "typical_volume": 74479219.05, "trend": 9.696549, "fair_value": 12.04753, "relative_strength": -28.204629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.16073, "energy": 67.261078, "activity_lines": [ 7.750052, 7.988895, 8.357055, 8.929113 ] }, { "date": "2024-05-31", "close": 7.376724, "volume": 20194454, "typical_volume": 73458015.2, "trend": 9.599058, "fair_value": 12.019132, "relative_strength": -27.247722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.022003, "energy": 71.361008, "activity_lines": [ 7.595663, 7.815934, 8.229333, 8.779447 ] }, { "date": "2024-06-07", "close": 6.61809, "volume": 40156001, "typical_volume": 73728571.45, "trend": 9.471621, "fair_value": 11.985298, "relative_strength": -33.401307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.09518, "energy": 79.117162, "activity_lines": [ 7.223666, 7.550593, 8.046091, 8.587127 ] }, { "date": "2024-06-14", "close": 6.937515, "volume": 18014548, "typical_volume": 72849724.0, "trend": 9.352169, "fair_value": 11.953703, "relative_strength": -29.178914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.03103, "energy": 76.072251, "activity_lines": [ 7.056634, 7.38471, 7.912094, 8.423636 ] }, { "date": "2024-06-21", "close": 6.658018, "volume": 25312574, "typical_volume": 71628842.0, "trend": 9.17948, "fair_value": 11.921778, "relative_strength": -30.704433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.555522, "energy": 77.053948, "activity_lines": [ 6.865644, 7.211204, 7.765501, 8.24982 ] }, { "date": "2024-06-28", "close": 6.498305, "volume": 28999241, "typical_volume": 70587385.0, "trend": 8.963535, "fair_value": 11.884124, "relative_strength": -31.060721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.711168, "energy": 79.637202, "activity_lines": [ 6.70327, 7.040783, 7.618527, 8.076841 ] }, { "date": "2024-07-05", "close": 6.198844, "volume": 19620710, "typical_volume": 65531226.5, "trend": 8.71831, "fair_value": 11.839652, "relative_strength": -33.184236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.606333, "energy": 83.20804, "activity_lines": [ 6.496974, 6.835335, 7.448357, 7.898473 ] }, { "date": "2024-07-12", "close": 6.478341, "volume": 29107169, "typical_volume": 60260125.15, "trend": 8.531979, "fair_value": 11.799644, "relative_strength": -29.997576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.445986, "energy": 76.989859, "activity_lines": [ 6.46237, 6.711739, 7.307515, 7.753959 ] }, { "date": "2024-07-19", "close": 6.308647, "volume": 20347125, "typical_volume": 52237816.8, "trend": 8.335665, "fair_value": 11.759501, "relative_strength": -31.419656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.931886, "energy": 80.965382, "activity_lines": [ 6.380517, 6.586692, 7.160637, 7.610519 ] }, { "date": "2024-07-26", "close": 6.328611, "volume": 20563478, "typical_volume": 46984386.0, "trend": 8.170629, "fair_value": 11.720378, "relative_strength": -28.500725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.38382, "energy": 75.008211, "activity_lines": [ 6.347244, 6.495583, 7.027876, 7.481031 ] }, { "date": "2024-08-02", "close": 6.658018, "volume": 33266704, "typical_volume": 44133192.35, "trend": 8.013911, "fair_value": 11.677578, "relative_strength": -24.658089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.318311, "energy": 53.748286, "activity_lines": [ 6.445733, 6.492679, 6.938561, 7.383443 ] }, { "date": "2024-08-09", "close": 6.498305, "volume": 20747802, "typical_volume": 39886587.55, "trend": 7.867508, "fair_value": 11.645711, "relative_strength": -24.889498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.306068, "energy": 45.229678, "activity_lines": [ 6.480338, 6.473078, 6.846298, 7.285662 ] }, { "date": "2024-08-16", "close": 6.737874, "volume": 23481984, "typical_volume": 36409308.0, "trend": 7.739738, "fair_value": 11.620531, "relative_strength": -22.047153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.740212, "energy": 35.162754, "activity_lines": [ 6.574834, 6.513006, 6.792965, 7.212783 ] }, { "date": "2024-08-23", "close": 6.538234, "volume": 42536834, "typical_volume": 32942303.0, "trend": 7.628272, "fair_value": 11.592355, "relative_strength": -23.207154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.01229, "energy": 29.543362, "activity_lines": [ 6.585482, 6.514458, 6.730887, 7.135266 ] }, { "date": "2024-08-30", "close": 6.84, "volume": 37996495, "typical_volume": 30828695.9, "trend": 7.530525, "fair_value": 11.567066, "relative_strength": -18.905858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.033298, "energy": 23.228483, "activity_lines": [ 6.681412, 6.578036, 6.710762, 7.08441 ] }, { "date": "2024-09-06", "close": 6.76, "volume": 26199829, "typical_volume": 28480148.3, "trend": 7.501981, "fair_value": 11.53509, "relative_strength": -17.279196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.316089, "energy": 18.845395, "activity_lines": [ 6.716584, 6.62376, 6.690565, 7.034699 ] }, { "date": "2024-09-13", "close": 6.66, "volume": 20439962, "typical_volume": 26918553.65, "trend": 7.498387, "fair_value": 11.50139, "relative_strength": -16.22259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.603104, "energy": 18.635656, "activity_lines": [ 6.711623, 6.646544, 6.664684, 6.980378 ] }, { "date": "2024-09-20", "close": 6.99, "volume": 26309729, "typical_volume": 27086977.4, "trend": 7.44457, "fair_value": 11.472925, "relative_strength": -12.688306, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.057678, "energy": 12.676005, "activity_lines": [ 6.805882, 6.720944, 6.676164, 6.947578 ] }, { "date": "2024-09-27", "close": 7.97, "volume": 73937499, "typical_volume": 28933696.8, "trend": 7.414436, "fair_value": 11.451761, "relative_strength": -11.315402, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 20.436876, "energy": 25.214372, "activity_lines": [ 7.21, 6.964222, 6.786241, 6.981477 ] }, { "date": "2024-10-04", "close": 8.77, "volume": 38480545, "typical_volume": 29493235.7, "trend": 7.411301, "fair_value": 11.429677, "relative_strength": -9.349672, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.659974, "energy": 67.94946, "activity_lines": [ 7.785333, 7.322749, 6.972536, 7.068933 ] }, { "date": "2024-10-11", "close": 7.92, "volume": 94981701, "typical_volume": 33034719.2, "trend": 7.367522, "fair_value": 11.398579, "relative_strength": -14.681977, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.65857, "energy": 58.850831, "activity_lines": [ 7.948667, 7.482341, 7.073668, 7.101752 ] }, { "date": "2024-10-18", "close": 8.16, "volume": 48162536, "typical_volume": 34433123.3, "trend": 7.310114, "fair_value": 11.369338, "relative_strength": -12.8118, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.753723, "energy": 67.182276, "activity_lines": [ 8.114667, 7.662624, 7.19488, 7.15288 ] }, { "date": "2024-10-25", "close": 8.27, "volume": 56301069, "typical_volume": 35240376.7, "trend": 7.289315, "fair_value": 11.341312, "relative_strength": -12.272119, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.076719, "energy": 66.217494, "activity_lines": [ 8.217333, 7.832695, 7.322838, 7.214808 ] }, { "date": "2024-11-01", "close": 8.35, "volume": 107990572, "typical_volume": 39739177.9, "trend": 7.257207, "fair_value": 11.320674, "relative_strength": -10.152881, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.997884, "energy": 51.832585, "activity_lines": [ 8.261333, 7.989455, 7.450549, 7.283239 ] }, { "date": "2024-11-08", "close": 8.98, "volume": 68315897, "typical_volume": 41889344.05, "trend": 7.275712, "fair_value": 11.301591, "relative_strength": -7.893672, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.860242, "energy": 62.932754, "activity_lines": [ 8.49, 8.227818, 7.631533, 7.394387 ] }, { "date": "2024-11-15", "close": 8.66, "volume": 90749824, "typical_volume": 44976873.2, "trend": 7.312166, "fair_value": 11.280139, "relative_strength": -7.390175, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.215997, "energy": 52.887636, "activity_lines": [ 8.598, 8.369091, 7.770985, 7.483696 ] }, { "date": "2024-11-22", "close": 11.7, "volume": 147585687, "typical_volume": 51375122.05, "trend": 7.43864, "fair_value": 11.280147, "relative_strength": 27.8108, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.125287, "energy": 85.238481, "activity_lines": [ 9.67, 9.028545, 8.189666, 7.766782 ] }, { "date": "2024-11-29", "close": 9.16, "volume": 329841817, "typical_volume": 66411854.45, "trend": 7.474126, "fair_value": 11.267884, "relative_strength": -0.687168, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.390411, "energy": 60.135958, "activity_lines": [ 9.659333, 9.134545, 8.340247, 7.877838 ] }, { "date": "2024-12-06", "close": 10.02, "volume": 225908143, "typical_volume": 76689905.35, "trend": 7.542271, "fair_value": 11.260179, "relative_strength": 7.296808, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.856967, "energy": 56.566948, "activity_lines": [ 9.876, 9.357455, 8.559963, 8.042088 ] }, { "date": "2024-12-13", "close": 10.7, "volume": 243341332, "typical_volume": 87828798.05, "trend": 7.636077, "fair_value": 11.254351, "relative_strength": 15.728231, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.107726, "energy": 59.580898, "activity_lines": [ 10.208, 9.666727, 8.826768, 8.245812 ] }, { "date": "2024-12-20", "close": 10.12, "volume": 224263842, "typical_volume": 97378654.95, "trend": 7.728851, "fair_value": 11.240921, "relative_strength": 11.12312, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.464327, "energy": 45.570886, "activity_lines": [ 10.232, 9.835455, 9.017518, 8.406065 ] }, { "date": "2024-12-27", "close": 9.35, "volume": 130728326, "typical_volume": 102877681.15, "trend": 7.794627, "fair_value": 11.21969, "relative_strength": 2.516217, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.757752, "energy": 39.40757, "activity_lines": [ 9.902, 9.824182, 9.118449, 8.510655 ] }, { "date": "2025-01-03", "close": 9.48, "volume": 123473518, "typical_volume": 107877257.85, "trend": 7.890024, "fair_value": 11.198911, "relative_strength": 10.737351, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.527475, "energy": 29.982181, "activity_lines": [ 9.772, 9.814909, 9.218182, 8.619389 ] }, { "date": "2025-01-10", "close": 8.91, "volume": 202785369, "typical_volume": 115889684.6, "trend": 7.955773, "fair_value": 11.176706, "relative_strength": 6.182362, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.720348, "energy": 19.503186, "activity_lines": [ 9.430667, 9.68, 9.250571, 8.685194 ] }, { "date": "2025-01-17", "close": 8.9, "volume": 96463756, "typical_volume": 118813047.65, "trend": 8.030506, "fair_value": 11.145461, "relative_strength": 4.364296, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.448739, "energy": 19.30543, "activity_lines": [ 9.16, 9.533091, 9.270714, 8.746112 ] }, { "date": "2025-01-24", "close": 8.91, "volume": 65903896, "typical_volume": 120798251.0, "trend": 8.110896, "fair_value": 11.118035, "relative_strength": 4.708442, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.81854, "energy": 17.186159, "activity_lines": [ 9.012667, 9.389455, 9.282, 8.802853 ] }, { "date": "2025-01-31", "close": 8.63, "volume": 11992501, "typical_volume": 120375877.95, "trend": 8.191934, "fair_value": 11.088115, "relative_strength": 2.008307, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.720923, "energy": 12.589859, "activity_lines": [ 8.852667, 9.190364, 9.256381, 8.836344 ] }, { "date": "2025-02-07", "close": 9.31, "volume": 60395977, "typical_volume": 122080190.35, "trend": 8.286323, "fair_value": 11.06561, "relative_strength": 8.255696, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.240638, "energy": 11.781133, "activity_lines": [ 8.967333, 9.170727, 9.286143, 8.908477 ] }, { "date": "2025-02-14", "close": 9.62, "volume": 88512165, "typical_volume": 122808923.65, "trend": 8.396701, "fair_value": 11.034142, "relative_strength": 10.004355, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.744485, "energy": 10.905917, "activity_lines": [ 9.196667, 9.204727, 9.334381, 8.994521 ] }, { "date": "2025-02-21", "close": 9.82, "volume": 106460872, "typical_volume": 126207940.0, "trend": 8.513081, "fair_value": 11.002555, "relative_strength": 11.180195, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.218989, "energy": 21.643748, "activity_lines": [ 9.445333, 9.282364, 9.39381, 9.086347 ] }, { "date": "2025-02-28", "close": 9.44, "volume": 124769454, "typical_volume": 127697327.65, "trend": 8.605814, "fair_value": 10.968851, "relative_strength": 8.822757, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.13906, "energy": 27.230287, "activity_lines": [ 9.506, 9.306909, 9.412048, 9.146148 ] }, { "date": "2025-03-07", "close": 9.74, "volume": 80908931, "typical_volume": 129334647.4, "trend": 8.71387, "fair_value": 10.935797, "relative_strength": 10.5795, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.559569, "energy": 34.224001, "activity_lines": [ 9.631333, 9.398364, 9.451619, 9.219321 ] }, { "date": "2025-03-14", "close": 9.99, "volume": 137937963, "typical_volume": 133416492.1, "trend": 8.822274, "fair_value": 10.903582, "relative_strength": 11.941895, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.475294, "energy": 43.939121, "activity_lines": [ 9.766, 9.528182, 9.507476, 9.301652 ] }, { "date": "2025-03-21", "close": 9.46, "volume": 70990700, "typical_volume": 131566498.5, "trend": 8.919667, "fair_value": 10.873634, "relative_strength": 8.070244, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.734414, "energy": 31.320442, "activity_lines": [ 9.678667, 9.552364, 9.504667, 9.342796 ] }, { "date": "2025-03-28", "close": 8.87, "volume": 44874602, "typical_volume": 130394433.75, "trend": 8.987333, "fair_value": 10.837231, "relative_strength": 1.94841, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.835364, "energy": 10.398075, "activity_lines": [ 9.405333, 9.459273, 9.440381, 9.339591 ] }, { "date": "2025-04-04", "close": 9.04, "volume": 47999447, "typical_volume": 128256914.9, "trend": 9.063333, "fair_value": 10.805992, "relative_strength": 4.446246, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.139959, "energy": 10.995604, "activity_lines": [ 9.252, 9.397636, 9.39281, 9.342989 ] }, { "date": "2025-04-11", "close": 8.18, "volume": 61258490, "typical_volume": 123940555.05, "trend": 9.114, "fair_value": 10.769559, "relative_strength": -2.269435, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.109996, "energy": 34.027167, "activity_lines": [ 8.838667, 9.177273, 9.261524, 9.286 ] }, { "date": "2025-04-18", "close": 8.38, "volume": 40551846, "typical_volume": 109476056.5, "trend": 9.160333, "fair_value": 10.736317, "relative_strength": -1.121859, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.82618, "energy": 51.305555, "activity_lines": [ 8.596, 9.001455, 9.166048, 9.238645 ] }, { "date": "2025-04-25", "close": 8.51, "volume": 35951021, "typical_volume": 99978200.4, "trend": 9.178333, "fair_value": 10.705055, "relative_strength": -0.163621, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.302537, "energy": 53.933451, "activity_lines": [ 8.504, 8.866182, 9.086667, 9.196688 ] }, { "date": "2025-05-02", "close": 8.66, "volume": 20547600, "typical_volume": 88838513.8, "trend": 9.174667, "fair_value": 10.678637, "relative_strength": 2.06723, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.826333, "energy": 61.111335, "activity_lines": [ 8.525333, 8.778364, 9.028762, 9.163247 ] }, { "date": "2025-05-09", "close": 9.05, "volume": 34994641, "typical_volume": 79375053.75, "trend": 9.212333, "fair_value": 10.659431, "relative_strength": 4.514542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.957997, "energy": 36.358577, "activity_lines": [ 8.690667, 8.782545, 9.017714, 9.155204 ] }, { "date": "2025-05-16", "close": 8.98, "volume": 27880334, "typical_volume": 74232654.15, "trend": 9.239667, "fair_value": 10.642512, "relative_strength": 2.79497, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.990912, "energy": 19.767366, "activity_lines": [ 8.832, 8.781091, 9.005095, 9.140215 ] }, { "date": "2025-05-23", "close": 8.78, "volume": 24653602, "typical_volume": 69291658.35, "trend": 9.256667, "fair_value": 10.627177, "relative_strength": 0.893866, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.898445, "energy": 16.784772, "activity_lines": [ 8.853333, 8.757091, 8.97519, 9.110559 ] }, { "date": "2025-05-30", "close": 8.99, "volume": 26004200, "typical_volume": 60452599.9, "trend": 9.278, "fair_value": 10.610323, "relative_strength": 3.108644, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.069723, "energy": 17.604049, "activity_lines": [ 8.918, 8.793273, 8.968619, 9.093355 ] }, { "date": "2025-06-06", "close": 9.26, "volume": 31358180, "typical_volume": 57197321.1, "trend": 9.287333, "fair_value": 10.588643, "relative_strength": 4.579954, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.494558, "energy": 13.890724, "activity_lines": [ 9.040667, 8.887091, 8.987381, 9.092194 ] }, { "date": "2025-06-13", "close": 9.03, "volume": 37082782, "typical_volume": 55756265.4, "trend": 9.299667, "fair_value": 10.564661, "relative_strength": 1.945321, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.186399, "energy": 14.412554, "activity_lines": [ 9.046667, 8.932, 8.982524, 9.075591 ] }, { "date": "2025-06-20", "close": 9.67, "volume": 63277249, "typical_volume": 58320502.8, "trend": 9.232, "fair_value": 10.543826, "relative_strength": 9.200044, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.955405, "energy": 21.424681, "activity_lines": [ 9.267333, 9.093455, 9.038048, 9.099484 ] }, { "date": "2025-06-27", "close": 9.95, "volume": 97450046, "typical_volume": 60173206.25, "trend": 9.258333, "fair_value": 10.520394, "relative_strength": 9.678118, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.148705, "energy": 41.315011, "activity_lines": [ 9.535333, 9.278727, 9.115286, 9.145806 ] }, { "date": "2025-07-04", "close": 10.2, "volume": 88061211, "typical_volume": 60150658.55, "trend": 9.264333, "fair_value": 10.499328, "relative_strength": 10.207727, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.290521, "energy": 60.598843, "activity_lines": [ 9.808667, 9.480909, 9.213286, 9.206559 ] }, { "date": "2025-07-11", "close": 10.49, "volume": 50237010, "typical_volume": 57339465.45, "trend": 9.257333, "fair_value": 10.480949, "relative_strength": 11.468744, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.092631, "energy": 85.825844, "activity_lines": [ 10.098, 9.705091, 9.336143, 9.285634 ] }, { "date": "2025-07-18", "close": 11.04, "volume": 76780802, "typical_volume": 54940032.85, "trend": 9.288, "fair_value": 10.460939, "relative_strength": 15.669939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.038388, "energy": 92.411262, "activity_lines": [ 10.488667, 9.996, 9.50819, 9.400645 ] }, { "date": "2025-07-25", "close": 13.2, "volume": 194322366, "typical_volume": 60610704.6, "trend": 9.416333, "fair_value": 10.454011, "relative_strength": 34.601283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.170772, "energy": 98.371642, "activity_lines": [ 11.465333, 10.643455, 9.878333, 9.653032 ] }, { "date": "2025-08-01", "close": 12.88, "volume": 321227485, "typical_volume": 69775180.7, "trend": 9.529667, "fair_value": 10.437457, "relative_strength": 31.353867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.891581, "energy": 95.330281, "activity_lines": [ 12.1, 11.156, 10.201524, 9.876495 ] }, { "date": "2025-08-08", "close": 13.38, "volume": 269332360, "typical_volume": 79692263.7, "trend": 9.678667, "fair_value": 10.427099, "relative_strength": 32.328086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.186016, "energy": 93.812691, "activity_lines": [ 12.706, 11.684909, 10.558571, 10.124903 ] }, { "date": "2025-08-15", "close": 12.84, "volume": 116645781, "typical_volume": 83280822.65, "trend": 9.81, "fair_value": 10.413599, "relative_strength": 23.899205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.113964, "energy": 84.920254, "activity_lines": [ 12.92, 12.035818, 10.845524, 10.32886 ] }, { "date": "2025-08-22", "close": 12.76, "volume": 86677963, "typical_volume": 85214748.45, "trend": 9.938333, "fair_value": 10.395511, "relative_strength": 18.129358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.01868, "energy": 65.956315, "activity_lines": [ 12.950667, 12.307091, 11.105952, 10.519183 ] }, { "date": "2025-08-29", "close": 12.48, "volume": 99107817, "typical_volume": 87107214.8, "trend": 10.066667, "fair_value": 10.377538, "relative_strength": 13.93103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.962302, "energy": 58.881269, "activity_lines": [ 12.773333, 12.459636, 11.322, 10.683161 ] }, { "date": "2025-09-05", "close": 12.19, "volume": 61618645, "typical_volume": 88160554.75, "trend": 10.162667, "fair_value": 10.357325, "relative_strength": 12.037586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.119222, "energy": 47.624901, "activity_lines": [ 12.547333, 12.508364, 11.489952, 10.820151 ] }, { "date": "2025-09-12", "close": 12.82, "volume": 97384515, "typical_volume": 91232229.45, "trend": 10.269333, "fair_value": 10.342423, "relative_strength": 15.399328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.109573, "energy": 41.019638, "activity_lines": [ 12.577333, 12.630909, 11.699762, 10.991591 ] }, { "date": "2025-09-19", "close": 13.1, "volume": 69079170, "typical_volume": 93658807.95, "trend": 10.378667, "fair_value": 10.333049, "relative_strength": 18.782347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.032638, "energy": 41.525789, "activity_lines": [ 12.738, 12.756727, 11.915714, 11.174215 ] }, { "date": "2025-09-26", "close": 13.95, "volume": 120668298, "typical_volume": 97942490.8, "trend": 10.529, "fair_value": 10.331618, "relative_strength": 25.337422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.747103, "energy": 51.498569, "activity_lines": [ 13.164667, 12.989636, 12.191476, 11.404624 ] }, { "date": "2025-10-03", "close": 13.87, "volume": 24565270, "typical_volume": 97776737.6, "trend": 10.666667, "fair_value": 10.328011, "relative_strength": 22.101819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.074435, "energy": 54.354833, "activity_lines": [ 13.485333, 13.155091, 12.436286, 11.620172 ] }, { "date": "2025-10-10", "close": 14.12, "volume": 34628764, "typical_volume": 98275495.7, "trend": 10.804333, "fair_value": 10.329587, "relative_strength": 22.909345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.764497, "energy": 62.673379, "activity_lines": [ 13.796667, 13.353818, 12.681619, 11.842968 ] }, { "date": "2025-10-17", "close": 14.03, "volume": 75381038, "typical_volume": 100744337.6, "trend": 10.956667, "fair_value": 10.334231, "relative_strength": 23.023005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.112095, "energy": 58.790711, "activity_lines": [ 13.949333, 13.513636, 12.892952, 12.051075 ] }, { "date": "2025-10-24", "close": 14.83, "volume": 101771220, "typical_volume": 104264989.6, "trend": 11.155333, "fair_value": 10.34573, "relative_strength": 25.385435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.676277, "energy": 72.998497, "activity_lines": [ 14.288, 13.807091, 13.156476, 12.300968 ] }, { "date": "2025-10-31", "close": 15.91, "volume": 150942187, "typical_volume": 109957959.85, "trend": 11.384333, "fair_value": 10.359164, "relative_strength": 33.106726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.058423, "energy": 84.214515, "activity_lines": [ 14.871333, 14.260727, 13.496333, 12.60772 ] }, { "date": "2025-11-07", "close": 16.42, "volume": 183223062, "typical_volume": 115955250.5, "trend": 11.659, "fair_value": 10.377275, "relative_strength": 34.613664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.955227, "energy": 91.043868, "activity_lines": [ 15.494, 14.749818, 13.852, 12.932602 ] }, { "date": "2025-11-14", "close": 15.82, "volume": 74612008, "typical_volume": 114813348.6, "trend": 11.907, "fair_value": 10.398828, "relative_strength": 28.816669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.15165, "energy": 86.366845, "activity_lines": [ 15.746667, 15.058182, 14.118381, 13.201054 ] }, { "date": "2025-11-21", "close": 14.66, "volume": 59900725, "typical_volume": 113405324.3, "trend": 12.112, "fair_value": 10.407958, "relative_strength": 24.027341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.981328, "energy": 67.703588, "activity_lines": [ 15.499333, 15.089636, 14.246333, 13.378667 ] }, { "date": "2025-11-28", "close": 15.02, "volume": 39173609, "typical_volume": 112852154.25, "trend": 12.324, "fair_value": 10.420802, "relative_strength": 24.456967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.611469, "energy": 54.156552, "activity_lines": [ 15.33, 15.153091, 14.387333, 13.56628 ] }, { "date": "2025-12-05", "close": 15.06, "volume": 31087424, "typical_volume": 110567485.35, "trend": 12.524333, "fair_value": 10.432048, "relative_strength": 23.632854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.104679, "energy": 39.538381, "activity_lines": [ 15.161333, 15.188909, 14.510571, 13.742796 ] }, { "date": "2025-12-12", "close": 14.99, "volume": 37729939, "typical_volume": 102737864.0, "trend": 12.724667, "fair_value": 10.446299, "relative_strength": 22.954197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.943311, "energy": 30.674687, "activity_lines": [ 15.026, 15.191818, 14.608, 13.901871 ] }, { "date": "2025-12-19", "close": 15.02, "volume": 38283492, "typical_volume": 88590664.35, "trend": 12.932667, "fair_value": 10.459271, "relative_strength": 22.521902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.741227, "energy": 28.980845, "activity_lines": [ 14.996, 15.179818, 14.699762, 14.049957 ] }, { "date": "2025-12-26", "close": 15.15, "volume": 39164730, "typical_volume": 77082282.85, "trend": 13.138, "fair_value": 10.474675, "relative_strength": 20.510439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.76408, "energy": 29.393947, "activity_lines": [ 15.062667, 15.175091, 14.793714, 14.193011 ] }, { "date": "2026-01-02", "close": 14.98, "volume": 19687783, "typical_volume": 72234382.95, "trend": 13.328667, "fair_value": 10.491419, "relative_strength": 18.41273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.042384, "energy": 26.688021, "activity_lines": [ 15.04, 15.119091, 14.863048, 14.311849 ] }, { "date": "2026-01-09", "close": 15.65, "volume": 49846312, "typical_volume": 70392800.4, "trend": 13.549333, "fair_value": 10.515654, "relative_strength": 18.45306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.74752, "energy": 36.981277, "activity_lines": [ 15.243333, 15.182182, 14.986, 14.461613 ] }, { "date": "2026-01-16", "close": 15.8, "volume": 65666721, "typical_volume": 68720745.6, "trend": 13.753667, "fair_value": 10.539381, "relative_strength": 19.33618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.55838, "energy": 41.25737, "activity_lines": [ 15.457333, 15.277273, 15.109476, 14.606817 ] }, { "date": "2026-01-23", "close": 16.75, "volume": 63330155, "typical_volume": 68806321.1, "trend": 13.980333, "fair_value": 10.568494, "relative_strength": 24.491944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.650408, "energy": 61.220644, "activity_lines": [ 15.934, 15.556364, 15.307619, 14.800129 ] }, { "date": "2026-01-30", "close": 15.25, "volume": 59115766, "typical_volume": 66892883.65, "trend": 14.148667, "fair_value": 10.587032, "relative_strength": 13.143526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.612023, "energy": 49.357035, "activity_lines": [ 15.795333, 15.545818, 15.34119, 14.882043 ] }, { "date": "2026-02-06", "close": 15.17, "volume": 38343352, "typical_volume": 65356092.75, "trend": 14.304667, "fair_value": 10.604866, "relative_strength": 13.391226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.911607, "energy": 38.549551, "activity_lines": [ 15.623333, 15.51, 15.355571, 14.947935 ] }, { "date": "2026-02-13", "close": 15.85, "volume": 31048203, "typical_volume": 60875088.0, "trend": 14.465, "fair_value": 10.623862, "relative_strength": 17.30416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.321141, "energy": 37.993122, "activity_lines": [ 15.665333, 15.595091, 15.424857, 15.047634 ] }, { "date": "2026-02-27", "close": 16.030001, "volume": 27536906, "typical_volume": 61023669.8, "trend": 14.559333, "fair_value": 10.640431, "relative_strength": 15.698462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.144456, "energy": 32.734618, "activity_lines": [ 15.754, 15.698546, 15.502238, 15.148602 ] }, { "date": "2026-03-06", "close": 15.78, "volume": 48307506, "typical_volume": 61707606.9, "trend": 14.656, "fair_value": 10.658787, "relative_strength": 14.312758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.311192, "energy": 29.891168, "activity_lines": [ 15.744, 15.737637, 15.545524, 15.227355 ] }, { "date": "2026-03-13", "close": 15.07, "volume": 34657158, "typical_volume": 59671412.9, "trend": 14.712333, "fair_value": 10.671952, "relative_strength": 9.437889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.073609, "energy": 19.244426, "activity_lines": [ 15.562, 15.633818, 15.513286, 15.254065 ] }, { "date": "2026-03-20", "close": 14.58, "volume": 32128737, "typical_volume": 56189288.75, "trend": 14.770333, "fair_value": 10.679418, "relative_strength": 9.106367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.602343, "energy": 9.194117, "activity_lines": [ 15.228667, 15.442364, 15.429429, 15.245527 ] }, { "date": "2026-03-27", "close": 14.23, "volume": 30716773, "typical_volume": 50178018.05, "trend": 14.819333, "fair_value": 10.684001, "relative_strength": 7.162993, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.74034, "energy": 26.297221, "activity_lines": [ 14.818, 15.194546, 15.313429, 15.210667 ] }, { "date": "2026-04-03", "close": 14.07, "volume": 20013128, "typical_volume": 42017521.35, "trend": 14.872333, "fair_value": 10.689285, "relative_strength": 6.286305, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.811772, "energy": 43.608193, "activity_lines": [ 14.462, 14.943455, 15.190191, 15.162323 ] }, { "date": "2026-04-10", "close": 14.84, "volume": 17739612, "typical_volume": 39173901.55, "trend": 14.960667, "fair_value": 10.695925, "relative_strength": 8.495892, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.890701, "energy": 43.634389, "activity_lines": [ 14.493333, 14.863818, 15.151476, 15.160237 ] }, { "date": "2026-04-17", "close": 15.84, "volume": 37246369, "typical_volume": 38041183.75, "trend": 15.061333, "fair_value": 10.710893, "relative_strength": 13.066442, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.900024, "energy": 15.129391, "activity_lines": [ 14.920667, 15.000727, 15.212667, 15.216968 ] }, { "date": "2026-04-24", "close": 14.8, "volume": 46247246, "typical_volume": 38394865.6, "trend": 15.118, "fair_value": 10.716189, "relative_strength": 4.284943, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.536583, "energy": 8.798198, "activity_lines": [ 14.95, 14.937818, 15.169191, 15.200108 ] }, { "date": "2026-05-01", "close": 15.18, "volume": 41754419, "typical_volume": 38928215.35, "trend": 15.159, "fair_value": 10.72245, "relative_strength": 5.476831, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.220705, "energy": 8.136436, "activity_lines": [ 15.091333, 14.950727, 15.162952, 15.204108 ] }, { "date": "2026-05-08", "close": 15.19, "volume": 33774978, "typical_volume": 38730467.3, "trend": 15.203, "fair_value": 10.735809, "relative_strength": 3.271003, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.149305, "energy": 9.088714, "activity_lines": [ 15.172667, 14.977636, 15.157095, 15.206108 ] }, { "date": "2026-05-15", "close": 14.6, "volume": 85543804, "typical_volume": 41093482.9, "trend": 15.219, "fair_value": 10.751843, "relative_strength": -0.119514, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.934058, "energy": 17.768996, "activity_lines": [ 14.982667, 14.912545, 15.094095, 15.167204 ] }, { "date": "2026-05-22", "close": 14.39, "volume": 53160675, "typical_volume": 41793280.15, "trend": 15.231, "fair_value": 10.768257, "relative_strength": -1.463892, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.84142, "energy": 31.290256, "activity_lines": [ 14.738667, 14.830727, 15.013095, 15.11372 ] }, { "date": "2026-05-29", "close": 13.27, "volume": 41043644, "typical_volume": 42861073.2, "trend": 15.179, "fair_value": 10.780753, "relative_strength": -8.460092, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.459857, "energy": 59.460496, "activity_lines": [ 14.218, 14.557636, 14.829048, 14.987204 ] }, { "date": "2026-06-05", "close": 13.51, "volume": 12241807, "typical_volume": 40980847.95, "trend": 15.099, "fair_value": 10.79127, "relative_strength": -6.198219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.959014, "energy": 68.136015, "activity_lines": [ 13.879333, 14.352, 14.676, 14.879527 ] }, { "date": "2026-06-12", "close": 12.25, "volume": 5642926, "typical_volume": 37979658.2, "trend": 14.96, "fair_value": 10.795118, "relative_strength": -15.164607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.844467, "energy": 82.214246, "activity_lines": [ 13.232, 13.930364, 14.413143, 14.69572 ] }, { "date": "2026-06-19", "close": 13.14, "volume": 31280650, "typical_volume": 36377182.95, "trend": 14.870667, "fair_value": 10.803327, "relative_strength": -10.571387, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.458215, "energy": 75.270388, "activity_lines": [ 13.077333, 13.703636, 14.251952, 14.578301 ] }, { "date": "2026-06-26", "close": 12.59, "volume": 8113649, "typical_volume": 33827077.1, "trend": 14.801667, "fair_value": 10.810633, "relative_strength": -13.085044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.520075, "energy": 77.418941, "activity_lines": [ 12.836667, 13.407818, 14.055571, 14.431161 ] }, { "date": "2026-07-03", "close": 12.85, "volume": 12279600, "typical_volume": 32523889.5, "trend": 14.729333, "fair_value": 10.816344, "relative_strength": -11.77777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.917511, "energy": 68.999627, "activity_lines": [ 12.802667, 13.218364, 13.896619, 14.305247 ] }, { "date": "2026-07-10", "close": 16.540001, "volume": 498654078, "typical_volume": 55904183.25, "trend": 14.778667, "fair_value": 10.845646, "relative_strength": 14.17298, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -8.848722, "energy": 7.709946, "activity_lines": [ 14.026667, 13.735273, 14.100143, 14.422065 ] }, { "date": "2026-07-17", "close": 12.52, "volume": 264862225, "typical_volume": 67770449.2, "trend": 14.696333, "fair_value": 10.84873, "relative_strength": -8.4137, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -49.379899, "energy": 22.650852, "activity_lines": [ 13.708667, 13.496546, 13.917524, 14.276344 ] }, { "date": "2026-07-24", "close": 9.62, "volume": 301894789, "typical_volume": 80449813.35, "trend": 14.516333, "fair_value": 10.834951, "relative_strength": -30.329218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.784016, "energy": 44.654471, "activity_lines": [ 12.406, 12.779091, 13.475429, 13.948839 ] }, { "date": "2026-07-31", "close": 10.0, "volume": 211103153, "typical_volume": 89272113.1, "trend": 14.344667, "fair_value": 10.829107, "relative_strength": -27.508902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.232372, "energy": 53.653027, "activity_lines": [ 11.464667, 12.221273, 13.098857, 13.657462 ] }, { "date": "2026-08-07", "close": 11.03, "volume": 175714314, "typical_volume": 96451391.95, "trend": 14.213, "fair_value": 10.832038, "relative_strength": -21.887878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.081581, "energy": 74.151581, "activity_lines": [ 11.039333, 11.930546, 12.844524, 13.443613 ] } ], "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." } } }