{ "ticker": { "uuid": "e20ec74a-3c4f-4ab1-8c44-a36c2895a7a0", "symbol": "300825", "name": "IAT Automobile Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -15.34, "architecture_energy": 27.815, "architecture_maturity": 56.89, "architecture_confidence": 63.447, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 53.75, "rotation_up": 14.2, "upward_expansion": 15.38, "deceleration": 72.41, "rotation_down": 58.27, "downward_expansion": 38.05 }, "activity_lines": [ 10.59, 11.732182, 12.00081, 11.487591 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 11.43, "trend_reference": 10.975667, "distance_from_trend": 0.041395, "trend_direction": "Improving", "fair_value": 11.722564, "distance_from_fair_value": -0.024957, "fair_value_direction": "Improving", "relative_strength": 1.151158, "relative_strength_direction": "Improving", "price_momentum": 0.177137, "excess_performance": 0.169737, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041395, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.083161, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.024957, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.110289, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011512, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.216718, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.177137, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.383498, "read": "Demand-led" } ], "volume": { "latest": 154100419, "relative_activity": 1.388075, "balance": 4.383498, "dry_up": 1.519988, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.199273, "annualized_volatility": 0.638462, "from_high_reference": -0.371978, "from_low_reference": 0.446835 }, "levels": { "trend_reference": 10.975667, "fair_value_reference": 11.722564, "structural_low": 7.9, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.02567, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.004896, "regime_survival": 0.571429, "best_return": 0.120844, "worst_return": -0.080037, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.044634, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.002714, "regime_survival": 0.0, "best_return": 0.123402, "worst_return": -0.153846, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.229001, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.142141, "regime_survival": 0.0, "best_return": 0.00095, "worst_return": -0.303069, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.247522, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.309284, "regime_survival": 0.0, "best_return": -0.080722, "worst_return": -0.414322, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": 0.051724, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": 0.048593, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.130792, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": 0.150997, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.255943, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.032432, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-07-25", "tenure": "Established", "return": 0.174699, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.000854, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": -0.072502, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.039196, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-05-15", "tenure": "Established", "return": 0.192835, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.103312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-17", "tenure": "Developing", "return": -0.392131, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.189386, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 16.610001, "volume": 38166418, "typical_volume": 49264200.75, "trend": 13.822667, "fair_value": 16.03094, "relative_strength": 25.558526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.898264, "energy": 48.750962, "activity_lines": [ 17.281333, 17.204545, 15.586571, 14.783742 ] }, { "date": "2023-08-04", "close": 16.540001, "volume": 33004144, "typical_volume": 49307038.65, "trend": 14.006333, "fair_value": 16.052222, "relative_strength": 23.114542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.031672, "energy": 34.40685, "activity_lines": [ 16.931334, 17.219273, 15.789238, 14.959054 ] }, { "date": "2023-08-11", "close": 15.64, "volume": 25472391, "typical_volume": 49442005.85, "trend": 14.143667, "fair_value": 16.061111, "relative_strength": 20.655101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.759035, "energy": 23.955272, "activity_lines": [ 16.398, 16.992909, 15.888762, 15.064452 ] }, { "date": "2023-08-18", "close": 16.549999, "volume": 59411451, "typical_volume": 51366065.75, "trend": 14.289, "fair_value": 16.076175, "relative_strength": 31.125476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.321893, "energy": 22.084416, "activity_lines": [ 16.352, 16.877455, 16.059857, 15.219699 ] }, { "date": "2023-08-25", "close": 17.65, "volume": 102815667, "typical_volume": 55705773.9, "trend": 14.471333, "fair_value": 16.086795, "relative_strength": 43.293843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.009576, "energy": 26.052895, "activity_lines": [ 16.737333, 16.933091, 16.313809, 15.436538 ] }, { "date": "2023-09-01", "close": 18.65, "volume": 123899740, "typical_volume": 60525086.7, "trend": 14.684, "fair_value": 16.106346, "relative_strength": 45.366361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.91023, "energy": 37.887811, "activity_lines": [ 17.421333, 17.194364, 16.636857, 15.706129 ] }, { "date": "2023-09-08", "close": 17.530001, "volume": 65479060, "typical_volume": 63023191.8, "trend": 14.826667, "fair_value": 16.116581, "relative_strength": 38.15654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.646562, "energy": 37.61039, "activity_lines": [ 17.596, 17.236546, 16.825048, 15.889742 ] }, { "date": "2023-09-15", "close": 16.610001, "volume": 147191563, "typical_volume": 69266303.5, "trend": 14.924, "fair_value": 16.126901, "relative_strength": 31.768446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.443309, "energy": 34.277436, "activity_lines": [ 17.398001, 17.125273, 16.898143, 16.004796 ] }, { "date": "2023-09-22", "close": 16.389999, "volume": 102600010, "typical_volume": 74133164.9, "trend": 15.018667, "fair_value": 16.131795, "relative_strength": 28.740495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.03939, "energy": 26.35587, "activity_lines": [ 17.062, 17.006546, 16.928524, 16.099376 ] }, { "date": "2023-09-29", "close": 17.67, "volume": 60598145, "typical_volume": 74700698.6, "trend": 15.168333, "fair_value": 16.152884, "relative_strength": 38.464361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.259293, "energy": 24.252247, "activity_lines": [ 17.163333, 17.141091, 17.058476, 16.27043 ] }, { "date": "2023-10-13", "close": 17.08, "volume": 102331617, "typical_volume": 78074224.95, "trend": 15.285, "fair_value": 16.157671, "relative_strength": 33.269425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.023601, "energy": 15.403225, "activity_lines": [ 17.066667, 17.158546, 17.109857, 16.393763 ] }, { "date": "2023-10-20", "close": 14.21, "volume": 106186331, "typical_volume": 82388501.4, "trend": 15.329333, "fair_value": 16.143632, "relative_strength": 16.011178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.895395, "energy": 9.181909, "activity_lines": [ 16.118, 16.645636, 16.868429, 16.324409 ] }, { "date": "2023-10-27", "close": 15.68, "volume": 109703908, "typical_volume": 86902052.55, "trend": 15.436333, "fair_value": 16.140299, "relative_strength": 24.514736, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.104651, "energy": 11.759764, "activity_lines": [ 15.880667, 16.442364, 16.75781, 16.347032 ] }, { "date": "2023-11-03", "close": 15.43, "volume": 113505209, "typical_volume": 88233316.6, "trend": 15.552333, "fair_value": 16.13032, "relative_strength": 20.703768, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.234653, "energy": 13.91989, "activity_lines": [ 15.622, 16.192909, 16.608905, 16.346624 ] }, { "date": "2023-11-10", "close": 15.29, "volume": 86255299, "typical_volume": 82430647.4, "trend": 15.656667, "fair_value": 16.110854, "relative_strength": 17.318857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.892453, "energy": 22.059183, "activity_lines": [ 15.380667, 15.938364, 16.444429, 16.329699 ] }, { "date": "2023-11-17", "close": 17.57, "volume": 174615663, "typical_volume": 86456380.2, "trend": 15.818, "fair_value": 16.109722, "relative_strength": 33.595552, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.766888, "energy": 10.766535, "activity_lines": [ 16.058, 16.141273, 16.514571, 16.45314 ] }, { "date": "2023-11-24", "close": 15.26, "volume": 113592351, "typical_volume": 86950372.2, "trend": 15.934667, "fair_value": 16.092585, "relative_strength": 16.938662, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.496424, "energy": 12.375107, "activity_lines": [ 15.932667, 15.943818, 16.36581, 16.41714 ] }, { "date": "2023-12-01", "close": 15.35, "volume": 67381581, "typical_volume": 86613246.65, "trend": 16.045, "fair_value": 16.075171, "relative_strength": 18.212971, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.802258, "energy": 11.846134, "activity_lines": [ 15.767333, 15.804, 16.240048, 16.379419 ] }, { "date": "2023-12-08", "close": 15.91, "volume": 111301806, "typical_volume": 89034338.0, "trend": 16.185333, "fair_value": 16.058226, "relative_strength": 23.725464, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.345011, "energy": 4.836062, "activity_lines": [ 15.810667, 15.788909, 16.182143, 16.37071 ] }, { "date": "2023-12-15", "close": 14.67, "volume": 54649888, "typical_volume": 89908112.1, "trend": 16.242, "fair_value": 16.025769, "relative_strength": 15.390092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.993282, "energy": 26.534251, "activity_lines": [ 15.408667, 15.557091, 16.01381, 16.272946 ] }, { "date": "2023-12-22", "close": 13.51, "volume": 38151615, "typical_volume": 89907371.95, "trend": 16.259333, "fair_value": 15.988098, "relative_strength": 7.54397, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.772508, "energy": 54.339856, "activity_lines": [ 14.661333, 15.168909, 15.746714, 16.096688 ] }, { "date": "2023-12-29", "close": 13.75, "volume": 44412456, "typical_volume": 90477787.55, "trend": 16.308333, "fair_value": 15.954701, "relative_strength": 5.379961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.859917, "energy": 59.637834, "activity_lines": [ 14.264667, 14.889273, 15.517238, 15.934796 ] }, { "date": "2024-01-05", "close": 12.69, "volume": 32036807, "typical_volume": 90806008.35, "trend": 16.31, "fair_value": 15.916389, "relative_strength": 1.06059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.736294, "energy": 71.399457, "activity_lines": [ 13.615333, 14.425273, 15.200095, 15.701355 ] }, { "date": "2024-01-12", "close": 12.25, "volume": 24727715, "typical_volume": 89071821.55, "trend": 16.219667, "fair_value": 15.874188, "relative_strength": -1.635191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.372681, "energy": 76.421293, "activity_lines": [ 12.996667, 13.935636, 14.855095, 15.439419 ] }, { "date": "2024-01-19", "close": 11.28, "volume": 30028479, "typical_volume": 85432462.15, "trend": 15.963667, "fair_value": 15.832137, "relative_strength": -7.614174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.016174, "energy": 84.358696, "activity_lines": [ 12.298667, 13.327455, 14.43819, 15.120731 ] }, { "date": "2024-01-26", "close": 11.01, "volume": 41676039, "typical_volume": 81321277.1, "trend": 15.737333, "fair_value": 15.784765, "relative_strength": -9.828363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.236482, "energy": 87.847948, "activity_lines": [ 11.736667, 12.743091, 14.025905, 14.80114 ] }, { "date": "2024-02-02", "close": 8.7, "volume": 42278319, "typical_volume": 80161240.05, "trend": 15.417667, "fair_value": 15.721261, "relative_strength": -22.565404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.700279, "energy": 95.471924, "activity_lines": [ 10.571333, 11.858, 13.43, 14.347118 ] }, { "date": "2024-02-09", "close": 9.19, "volume": 80153963, "typical_volume": 76809360.05, "trend": 15.110667, "fair_value": 15.677393, "relative_strength": -25.321319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.511474, "energy": 91.152807, "activity_lines": [ 9.906, 11.181273, 12.92281, 13.945333 ] }, { "date": "2024-02-23", "close": 10.9, "volume": 65211040, "typical_volume": 74939911.55, "trend": 14.89, "fair_value": 15.645, "relative_strength": -13.969061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.369535, "energy": 84.022002, "activity_lines": [ 10.044, 10.927455, 12.61381, 13.673677 ] }, { "date": "2024-03-01", "close": 11.69, "volume": 87614257, "typical_volume": 76290717.15, "trend": 14.708667, "fair_value": 15.618141, "relative_strength": -11.392525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.976479, "energy": 61.730066, "activity_lines": [ 10.535333, 10.908364, 12.40619, 13.467226 ] }, { "date": "2024-03-08", "close": 11.34, "volume": 48279487, "typical_volume": 73588110.65, "trend": 14.533, "fair_value": 15.596816, "relative_strength": -13.515053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.727886, "energy": 46.272015, "activity_lines": [ 10.882667, 10.879818, 12.193714, 13.249892 ] }, { "date": "2024-03-15", "close": 13.27, "volume": 84865440, "typical_volume": 72522066.1, "trend": 14.424, "fair_value": 15.597222, "relative_strength": -1.723992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.140559, "energy": 27.067934, "activity_lines": [ 11.851333, 11.241636, 12.192381, 13.168409 ] }, { "date": "2024-03-22", "close": 13.77, "volume": 204019639, "typical_volume": 77237852.65, "trend": 14.361667, "fair_value": 15.593184, "relative_strength": 2.128667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.07863, "energy": 24.822579, "activity_lines": [ 12.682, 11.703091, 12.243143, 13.126215 ] }, { "date": "2024-03-29", "close": 12.94, "volume": 85676546, "typical_volume": 75846419.5, "trend": 14.241333, "fair_value": 15.584765, "relative_strength": -2.657064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.278714, "energy": 25.155978, "activity_lines": [ 12.930667, 11.994, 12.223952, 13.034495 ] }, { "date": "2024-04-05", "close": 13.0, "volume": 61164358, "typical_volume": 74591872.45, "trend": 14.086333, "fair_value": 15.582628, "relative_strength": -4.05889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.835678, "energy": 20.936247, "activity_lines": [ 13.063333, 12.283273, 12.222333, 12.954409 ] }, { "date": "2024-04-12", "close": 11.82, "volume": 54597980, "typical_volume": 68590988.3, "trend": 13.858667, "fair_value": 15.576004, "relative_strength": -10.094038, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.137862, "energy": 16.306326, "activity_lines": [ 12.715333, 12.326727, 12.119238, 12.808194 ] }, { "date": "2024-04-19", "close": 10.92, "volume": 63438477, "typical_volume": 66083294.6, "trend": 13.638333, "fair_value": 15.565149, "relative_strength": -17.577048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.711456, "energy": 22.50971, "activity_lines": [ 12.035333, 12.191818, 11.95781, 12.618602 ] }, { "date": "2024-04-26", "close": 11.87, "volume": 63654803, "typical_volume": 65896955.7, "trend": 13.480333, "fair_value": 15.564615, "relative_strength": -12.359806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.626405, "energy": 22.022229, "activity_lines": [ 11.828667, 12.189273, 11.907524, 12.504516 ] }, { "date": "2024-05-03", "close": 12.15, "volume": 36191590, "typical_volume": 62141444.9, "trend": 13.339, "fair_value": 15.567286, "relative_strength": -11.730373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.155855, "energy": 23.560834, "activity_lines": [ 11.842, 12.188909, 11.900476, 12.418688 ] }, { "date": "2024-05-10", "close": 11.18, "volume": 58637282, "typical_volume": 62340814.6, "trend": 13.122667, "fair_value": 15.547585, "relative_strength": -20.073488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.745653, "energy": 28.251454, "activity_lines": [ 11.584667, 11.989455, 11.818952, 12.279398 ] }, { "date": "2024-05-17", "close": 11.57, "volume": 49240825, "typical_volume": 62895275.1, "trend": 12.939, "fair_value": 15.533803, "relative_strength": -17.260191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.350622, "energy": 23.058327, "activity_lines": [ 11.578667, 11.870182, 11.79119, 12.179226 ] }, { "date": "2024-05-24", "close": 10.51, "volume": 40792767, "typical_volume": 62714290.65, "trend": 12.815667, "fair_value": 15.49391, "relative_strength": -22.50343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.268731, "energy": 40.324247, "activity_lines": [ 11.236, 11.554, 11.671714, 12.022516 ] }, { "date": "2024-05-31", "close": 11.3, "volume": 42695628, "typical_volume": 63247231.7, "trend": 12.669667, "fair_value": 15.452457, "relative_strength": -16.182424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.070471, "energy": 38.598896, "activity_lines": [ 11.184, 11.431636, 11.642905, 11.924731 ] }, { "date": "2024-06-07", "close": 10.37, "volume": 99348111, "typical_volume": 66978251.5, "trend": 12.501, "fair_value": 15.400085, "relative_strength": -22.171909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.634627, "energy": 42.400217, "activity_lines": [ 10.86, 11.185091, 11.532143, 11.776366 ] }, { "date": "2024-06-14", "close": 10.17, "volume": 34753241, "typical_volume": 67214489.6, "trend": 12.330333, "fair_value": 15.341346, "relative_strength": -23.593503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.019703, "energy": 52.161949, "activity_lines": [ 10.588, 10.948909, 11.411286, 11.625978 ] }, { "date": "2024-06-21", "close": 10.14, "volume": 46726370, "typical_volume": 67467006.15, "trend": 12.082667, "fair_value": 15.291645, "relative_strength": -21.965002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.759278, "energy": 52.579781, "activity_lines": [ 10.373333, 10.758727, 11.292857, 11.484667 ] }, { "date": "2024-06-28", "close": 9.69, "volume": 30941038, "typical_volume": 66900142.1, "trend": 11.897, "fair_value": 15.234957, "relative_strength": -23.005603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.398367, "energy": 61.868537, "activity_lines": [ 10.104, 10.517273, 11.135714, 11.330301 ] }, { "date": "2024-07-05", "close": 9.12, "volume": 24227639, "typical_volume": 64103825.9, "trend": 11.689333, "fair_value": 15.178034, "relative_strength": -25.694973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.042382, "energy": 68.247792, "activity_lines": [ 9.699333, 10.194545, 10.919571, 11.15114 ] }, { "date": "2024-07-12", "close": 12.23, "volume": 149676867, "typical_volume": 68327117.25, "trend": 11.566667, "fair_value": 15.138526, "relative_strength": -1.769105, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.178743, "energy": 23.778716, "activity_lines": [ 10.476667, 10.487273, 10.999952, 11.186022 ] }, { "date": "2024-07-19", "close": 10.53, "volume": 200449332, "typical_volume": 73968871.0, "trend": 11.428667, "fair_value": 15.089615, "relative_strength": -15.302923, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.63875, "energy": 21.49248, "activity_lines": [ 10.563333, 10.469455, 10.912095, 11.11914 ] }, { "date": "2024-07-26", "close": 10.25, "volume": 124623008, "typical_volume": 77786047.05, "trend": 11.32, "fair_value": 15.040919, "relative_strength": -14.160253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.519008, "energy": 19.032381, "activity_lines": [ 10.532667, 10.412545, 10.803095, 11.043097 ] }, { "date": "2024-08-02", "close": 10.58, "volume": 127664193, "typical_volume": 79925984.7, "trend": 11.214333, "fair_value": 14.996688, "relative_strength": -10.513979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.763487, "energy": 18.548704, "activity_lines": [ 10.604667, 10.439636, 10.730714, 10.995355 ] }, { "date": "2024-08-09", "close": 9.51, "volume": 69774728, "typical_volume": 73213739.15, "trend": 11.108333, "fair_value": 14.940897, "relative_strength": -17.615788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.794749, "energy": 30.309338, "activity_lines": [ 10.260667, 10.270909, 10.569238, 10.885398 ] }, { "date": "2024-08-16", "close": 9.66, "volume": 46974550, "typical_volume": 71278639.35, "trend": 11.022, "fair_value": 14.879829, "relative_strength": -15.505041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.180671, "energy": 39.837466, "activity_lines": [ 9.940667, 10.162, 10.442333, 10.791957 ] }, { "date": "2024-08-23", "close": 9.16, "volume": 60779700, "typical_volume": 71259406.45, "trend": 10.951333, "fair_value": 14.819957, "relative_strength": -17.856079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.162569, "energy": 51.315347, "activity_lines": [ 9.625333, 9.975091, 10.283429, 10.671828 ] }, { "date": "2024-08-30", "close": 9.14, "volume": 51373299, "typical_volume": 71098172.4, "trend": 10.889, "fair_value": 14.751966, "relative_strength": -19.114166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.186316, "energy": 58.147555, "activity_lines": [ 9.394667, 9.802909, 10.140905, 10.554968 ] }, { "date": "2024-09-06", "close": 8.91, "volume": 42777090, "typical_volume": 70065103.05, "trend": 10.896, "fair_value": 14.661902, "relative_strength": -18.287798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.029907, "energy": 62.615045, "activity_lines": [ 9.161333, 9.607091, 9.989238, 10.42729 ] }, { "date": "2024-09-13", "close": 8.5, "volume": 26680150, "typical_volume": 68216370.4, "trend": 10.873, "fair_value": 14.578611, "relative_strength": -19.784883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.488617, "energy": 65.520882, "activity_lines": [ 8.902667, 9.350909, 9.808095, 10.27271 ] }, { "date": "2024-09-20", "close": 8.36, "volume": 15090600, "typical_volume": 67161320.9, "trend": 10.788333, "fair_value": 14.504337, "relative_strength": -21.236701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.060879, "energy": 66.596249, "activity_lines": [ 8.664667, 9.080545, 9.629667, 10.110581 ] }, { "date": "2024-09-27", "close": 9.72, "volume": 54049392, "typical_volume": 66931926.4, "trend": 10.722667, "fair_value": 14.42609, "relative_strength": -21.573676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.707543, "energy": 40.789954, "activity_lines": [ 8.966667, 9.127818, 9.59881, 10.041656 ] }, { "date": "2024-10-04", "close": 11.0, "volume": 37153832, "typical_volume": 66327576.75, "trend": 10.711333, "fair_value": 14.356773, "relative_strength": -19.125109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.732324, "energy": 13.5954, "activity_lines": [ 9.658, 9.422545, 9.69681, 10.059548 ] }, { "date": "2024-10-11", "close": 10.02, "volume": 108121161, "typical_volume": 69693996.45, "trend": 10.603, "fair_value": 14.274081, "relative_strength": -22.023033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.020331, "energy": 18.433112, "activity_lines": [ 9.898667, 9.525455, 9.70419, 10.014946 ] }, { "date": "2024-10-18", "close": 10.05, "volume": 79842307, "typical_volume": 71551330.4, "trend": 10.479, "fair_value": 14.190427, "relative_strength": -23.192014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.893296, "energy": 23.137896, "activity_lines": [ 10.075333, 9.644, 9.716762, 9.979269 ] }, { "date": "2024-10-25", "close": 10.44, "volume": 109637996, "typical_volume": 72065824.65, "trend": 10.395667, "fair_value": 14.117649, "relative_strength": -21.582191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.155176, "energy": 18.544432, "activity_lines": [ 10.278667, 9.823636, 9.772429, 9.976753 ] }, { "date": "2024-11-01", "close": 10.98, "volume": 219418466, "typical_volume": 81299085.9, "trend": 10.328333, "fair_value": 14.04782, "relative_strength": -15.510877, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.426957, "energy": 28.169192, "activity_lines": [ 10.523333, 10.087273, 9.87919, 10.014452 ] }, { "date": "2024-11-08", "close": 11.73, "volume": 125814295, "typical_volume": 85253482.15, "trend": 10.325333, "fair_value": 13.986688, "relative_strength": -14.771473, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.227837, "energy": 47.095368, "activity_lines": [ 10.934, 10.454182, 10.053524, 10.104882 ] }, { "date": "2024-11-15", "close": 12.84, "volume": 176476553, "typical_volume": 92530257.9, "trend": 10.389333, "fair_value": 13.928397, "relative_strength": -2.611144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.755814, "energy": 67.206239, "activity_lines": [ 11.666, 10.975818, 10.326, 10.267118 ] }, { "date": "2024-11-22", "close": 12.51, "volume": 330159183, "typical_volume": 107826835.1, "trend": 10.410667, "fair_value": 13.884701, "relative_strength": -1.425202, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.971675, "energy": 64.64709, "activity_lines": [ 12.1, 11.366, 10.552048, 10.403935 ] }, { "date": "2024-11-29", "close": 12.3, "volume": 141833220, "typical_volume": 107434652.75, "trend": 10.415667, "fair_value": 13.833547, "relative_strength": -4.065453, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.843981, "energy": 71.213333, "activity_lines": [ 12.3, 11.645091, 10.741952, 10.525828 ] }, { "date": "2024-12-06", "close": 13.38, "volume": 281621372, "typical_volume": 111493254.75, "trend": 10.489, "fair_value": 13.781923, "relative_strength": 3.178167, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.720998, "energy": 73.201178, "activity_lines": [ 12.736, 12.048909, 11.034381, 10.717075 ] }, { "date": "2024-12-13", "close": 12.61, "volume": 195911077, "typical_volume": 115057658.2, "trend": 10.523667, "fair_value": 13.724081, "relative_strength": -1.277837, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.47389, "energy": 48.555457, "activity_lines": [ 12.755333, 12.246182, 11.239905, 10.853914 ] }, { "date": "2024-12-20", "close": 12.13, "volume": 81172220, "typical_volume": 112733059.55, "trend": 10.577667, "fair_value": 13.668504, "relative_strength": -3.785388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.414513, "energy": 40.309899, "activity_lines": [ 12.556, 12.326909, 11.388476, 10.957548 ] }, { "date": "2024-12-27", "close": 11.63, "volume": 82492140, "typical_volume": 113368930.15, "trend": 10.588667, "fair_value": 13.596047, "relative_strength": -7.303832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.091091, "energy": 30.351911, "activity_lines": [ 12.237333, 12.278364, 11.482048, 11.025441 ] }, { "date": "2025-01-03", "close": 10.53, "volume": 67478818, "typical_volume": 114394143.55, "trend": 10.594, "fair_value": 13.52047, "relative_strength": -9.037879, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.660659, "energy": 16.158443, "activity_lines": [ 11.610667, 12.001091, 11.460762, 11.021656 ] }, { "date": "2025-01-10", "close": 11.0, "volume": 84312123, "typical_volume": 115570764.7, "trend": 10.621667, "fair_value": 13.457991, "relative_strength": -3.569777, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.521671, "energy": 20.760235, "activity_lines": [ 11.258667, 11.807636, 11.480095, 11.047849 ] }, { "date": "2025-01-17", "close": 11.33, "volume": 67673363, "typical_volume": 116385767.9, "trend": 10.661333, "fair_value": 13.402714, "relative_strength": -3.856681, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.610524, "energy": 19.631821, "activity_lines": [ 11.175333, 11.673818, 11.522095, 11.093548 ] }, { "date": "2025-01-24", "close": 11.5, "volume": 87321695, "typical_volume": 118612998.15, "trend": 10.721667, "fair_value": 13.353996, "relative_strength": -3.393423, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.37191, "energy": 17.393397, "activity_lines": [ 11.234, 11.578182, 11.569857, 11.147656 ] }, { "date": "2025-01-31", "close": 11.73, "volume": 24375256, "typical_volume": 118497753.45, "trend": 10.808667, "fair_value": 13.309487, "relative_strength": 0.033543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.490517, "energy": 10.748591, "activity_lines": [ 11.411333, 11.548727, 11.62719, 11.21271 ] }, { "date": "2025-02-07", "close": 12.6, "volume": 104047018, "typical_volume": 122945574.35, "trend": 10.821, "fair_value": 13.280769, "relative_strength": 2.995281, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.910821, "energy": 24.859624, "activity_lines": [ 11.872, 11.691636, 11.752, 11.32828 ] }, { "date": "2025-02-14", "close": 12.12, "volume": 95718187, "typical_volume": 125029014.1, "trend": 10.874, "fair_value": 13.244829, "relative_strength": -2.66558, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.931927, "energy": 29.46802, "activity_lines": [ 12.034667, 11.741818, 11.810905, 11.412086 ] }, { "date": "2025-02-21", "close": 12.62, "volume": 127183915, "typical_volume": 129530518.25, "trend": 10.953, "fair_value": 13.21594, "relative_strength": -0.792363, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.342852, "energy": 48.383954, "activity_lines": [ 12.289333, 11.905818, 11.906, 11.524731 ] }, { "date": "2025-02-28", "close": 12.26, "volume": 157605184, "typical_volume": 132004719.4, "trend": 11.009, "fair_value": 13.19047, "relative_strength": -0.030842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.984941, "energy": 48.577657, "activity_lines": [ 12.338, 12.004182, 11.959095, 11.609054 ] }, { "date": "2025-03-07", "close": 13.43, "volume": 148094674, "typical_volume": 135417337.75, "trend": 11.139667, "fair_value": 13.175491, "relative_strength": 7.111411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.485844, "energy": 61.508276, "activity_lines": [ 12.726, 12.312909, 12.112952, 11.765247 ] }, { "date": "2025-03-14", "close": 13.87, "volume": 168130117, "typical_volume": 138341943.8, "trend": 11.28, "fair_value": 13.150598, "relative_strength": 9.477821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.928239, "energy": 71.184652, "activity_lines": [ 13.147333, 12.668909, 12.292619, 11.941398 ] }, { "date": "2025-03-21", "close": 12.93, "volume": 146090084, "typical_volume": 134675524.7, "trend": 11.405667, "fair_value": 13.122115, "relative_strength": 5.237579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.941743, "energy": 58.382852, "activity_lines": [ 13.170667, 12.793273, 12.366429, 12.047849 ] }, { "date": "2025-03-28", "close": 11.62, "volume": 74431289, "typical_volume": 132106374.4, "trend": 11.488333, "fair_value": 13.088355, "relative_strength": -4.259257, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.981179, "energy": 30.745002, "activity_lines": [ 12.703333, 12.644364, 12.30619, 12.061677 ] }, { "date": "2025-04-04", "close": 11.0, "volume": 44617611, "typical_volume": 125513427.3, "trend": 11.558, "fair_value": 13.058568, "relative_strength": -6.783927, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.879616, "energy": 7.550225, "activity_lines": [ 12.096, 12.377455, 12.187429, 12.030172 ] }, { "date": "2025-04-11", "close": 9.39, "volume": 105607149, "typical_volume": 114285825.6, "trend": 11.587667, "fair_value": 13.021026, "relative_strength": -15.664087, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -40.247543, "energy": 37.831211, "activity_lines": [ 11.036, 11.826909, 11.924095, 11.890301 ] }, { "date": "2025-04-18", "close": 9.25, "volume": 48102942, "typical_volume": 109599311.7, "trend": 11.617333, "fair_value": 12.987244, "relative_strength": -16.143891, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.084057, "energy": 64.243256, "activity_lines": [ 10.198667, 11.293455, 11.662286, 11.739484 ] }, { "date": "2025-04-25", "close": 9.55, "volume": 51276945, "typical_volume": 98082090.35, "trend": 11.611667, "fair_value": 12.953761, "relative_strength": -14.18011, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.879734, "energy": 82.104168, "activity_lines": [ 9.769333, 10.875455, 11.443571, 11.606108 ] }, { "date": "2025-05-02", "close": 9.96, "volume": 26935365, "typical_volume": 89633304.75, "trend": 11.577, "fair_value": 12.928803, "relative_strength": -9.936596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.980577, "energy": 79.458468, "activity_lines": [ 9.702, 10.578727, 11.282143, 11.499548 ] }, { "date": "2025-05-09", "close": 10.19, "volume": 40716394, "typical_volume": 87610513.45, "trend": 11.582667, "fair_value": 12.90985, "relative_strength": -9.700625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.436904, "energy": 73.72429, "activity_lines": [ 9.822, 10.372182, 11.155238, 11.410065 ] }, { "date": "2025-05-16", "close": 10.36, "volume": 54248947, "typical_volume": 86198353.8, "trend": 11.593, "fair_value": 12.898825, "relative_strength": -8.395144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.617325, "energy": 44.951175, "activity_lines": [ 10.052667, 10.234182, 11.053762, 11.331183 ] }, { "date": "2025-05-23", "close": 10.3, "volume": 68217664, "typical_volume": 86235296.1, "trend": 11.588333, "fair_value": 12.88797, "relative_strength": -8.34504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.86618, "energy": 32.870405, "activity_lines": [ 10.198667, 10.141091, 10.952619, 11.247763 ] }, { "date": "2025-05-30", "close": 10.31, "volume": 81897686, "typical_volume": 86114574.25, "trend": 11.566, "fair_value": 12.878291, "relative_strength": -7.12778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.274286, "energy": 27.980799, "activity_lines": [ 10.278, 10.114727, 10.853524, 11.16529 ] }, { "date": "2025-06-06", "close": 10.42, "volume": 58692880, "typical_volume": 85665550.1, "trend": 11.522333, "fair_value": 12.864402, "relative_strength": -7.298874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.470047, "energy": 24.931686, "activity_lines": [ 10.343333, 10.156, 10.76819, 11.091355 ] }, { "date": "2025-06-13", "close": 10.05, "volume": 65997058, "typical_volume": 84599318.25, "trend": 11.429333, "fair_value": 12.83891, "relative_strength": -9.879604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.609921, "energy": 27.286552, "activity_lines": [ 10.254667, 10.151818, 10.651952, 10.996366 ] }, { "date": "2025-06-20", "close": 9.88, "volume": 48537813, "typical_volume": 85807446.1, "trend": 11.341667, "fair_value": 12.810128, "relative_strength": -10.161676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.893598, "energy": 34.86047, "activity_lines": [ 10.118667, 10.134, 10.526429, 10.896409 ] }, { "date": "2025-06-27", "close": 10.66, "volume": 63794676, "typical_volume": 83794829.0, "trend": 11.287, "fair_value": 12.776538, "relative_strength": -6.446447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.188152, "energy": 24.167311, "activity_lines": [ 10.274667, 10.249091, 10.484, 10.85243 ] }, { "date": "2025-07-04", "close": 10.54, "volume": 51438806, "typical_volume": 81580859.95, "trend": 11.192333, "fair_value": 12.740256, "relative_strength": -8.572309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.832525, "energy": 21.38523, "activity_lines": [ 10.366667, 10.316727, 10.439381, 10.804237 ] }, { "date": "2025-07-11", "close": 10.58, "volume": 40077404, "typical_volume": 77225534.4, "trend": 11.124667, "fair_value": 12.706795, "relative_strength": -9.208626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.289313, "energy": 17.611518, "activity_lines": [ 10.456667, 10.373636, 10.406095, 10.764731 ] }, { "date": "2025-07-18", "close": 11.54, "volume": 165124853, "typical_volume": 77601517.85, "trend": 11.105, "fair_value": 12.678718, "relative_strength": -2.730982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.961099, "energy": 16.171499, "activity_lines": [ 10.856, 10.593818, 10.473952, 10.791527 ] }, { "date": "2025-07-25", "close": 11.7, "volume": 141439178, "typical_volume": 77268743.05, "trend": 11.107333, "fair_value": 12.636282, "relative_strength": -3.38069, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.566831, "energy": 37.454293, "activity_lines": [ 11.209333, 10.818545, 10.560476, 10.829914 ] }, { "date": "2025-08-01", "close": 11.71, "volume": 88070885, "typical_volume": 73265781.45, "trend": 11.146667, "fair_value": 12.597051, "relative_strength": -1.442617, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.244118, "energy": 51.139306, "activity_lines": [ 11.444667, 11.020727, 10.65619, 10.868796 ] }, { "date": "2025-08-08", "close": 11.87, "volume": 135734602, "typical_volume": 72748007.35, "trend": 11.175667, "fair_value": 12.570897, "relative_strength": -1.21233, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.861367, "energy": 55.499324, "activity_lines": [ 11.663333, 11.226364, 10.777429, 10.915462 ] }, { "date": "2025-08-15", "close": 11.68, "volume": 85294139, "typical_volume": 73291149.85, "trend": 11.187333, "fair_value": 12.544167, "relative_strength": -6.767091, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.205478, "energy": 51.155368, "activity_lines": [ 11.73, 11.369091, 10.885619, 10.948 ] }, { "date": "2025-08-22", "close": 12.49, "volume": 141048666, "typical_volume": 78112702.6, "trend": 11.220333, "fair_value": 12.525962, "relative_strength": -4.497609, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.117808, "energy": 57.05311, "activity_lines": [ 11.993333, 11.636182, 11.070667, 11.032043 ] }, { "date": "2025-08-29", "close": 11.92, "volume": 294910581, "typical_volume": 87577874.2, "trend": 11.226667, "fair_value": 12.508846, "relative_strength": -12.417123, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.956133, "energy": 38.66222, "activity_lines": [ 12.003333, 11.755273, 11.194333, 11.077183 ] }, { "date": "2025-09-05", "close": 11.55, "volume": 98015077, "typical_volume": 90073480.95, "trend": 11.191667, "fair_value": 12.481667, "relative_strength": -14.149118, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.846584, "energy": 29.442562, "activity_lines": [ 11.875333, 11.77, 11.270714, 11.098043 ] }, { "date": "2025-09-12", "close": 11.96, "volume": 81375882, "typical_volume": 91578427.8, "trend": 11.186333, "fair_value": 12.459295, "relative_strength": -13.178411, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.749346, "energy": 28.376914, "activity_lines": [ 11.894667, 11.843091, 11.37519, 11.147613 ] }, { "date": "2025-09-19", "close": 11.72, "volume": 92929581, "typical_volume": 94878138.6, "trend": 11.156333, "fair_value": 12.434615, "relative_strength": -15.664798, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 40.614847, "energy": 25.155542, "activity_lines": [ 11.828, 11.846727, 11.445333, 11.182043 ] }, { "date": "2025-09-26", "close": 11.31, "volume": 70218244, "typical_volume": 96353231.1, "trend": 11.124667, "fair_value": 12.4175, "relative_strength": -19.224667, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.199216, "energy": 18.115913, "activity_lines": [ 11.622, 11.755091, 11.468048, 11.191957 ] }, { "date": "2025-10-03", "close": 11.05, "volume": 25817522, "typical_volume": 94931659.85, "trend": 11.045333, "fair_value": 12.398077, "relative_strength": -22.6143, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.724394, "energy": 15.956061, "activity_lines": [ 11.408, 11.620364, 11.460667, 11.18714 ] }, { "date": "2025-10-10", "close": 11.07, "volume": 20260002, "typical_volume": 92533776.75, "trend": 10.952, "fair_value": 12.386282, "relative_strength": -21.24138, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.421606, "energy": 17.012073, "activity_lines": [ 11.258667, 11.501091, 11.451905, 11.188731 ] }, { "date": "2025-10-17", "close": 10.27, "volume": 37886532, "typical_volume": 90333219.05, "trend": 10.863333, "fair_value": 12.371346, "relative_strength": -22.868446, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.473938, "energy": 21.969915, "activity_lines": [ 10.874667, 11.248, 11.363286, 11.144731 ] }, { "date": "2025-10-24", "close": 10.87, "volume": 34386811, "typical_volume": 89117915.6, "trend": 10.838333, "fair_value": 12.363397, "relative_strength": -21.813015, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.737089, "energy": 24.590282, "activity_lines": [ 10.803333, 11.133091, 11.332, 11.145161 ] }, { "date": "2025-10-31", "close": 11.44, "volume": 97180602, "typical_volume": 90677092.8, "trend": 10.853, "fair_value": 12.355513, "relative_strength": -17.966545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.61598, "energy": 15.246382, "activity_lines": [ 10.978667, 11.136545, 11.352857, 11.183978 ] }, { "date": "2025-11-07", "close": 11.47, "volume": 80538630, "typical_volume": 92277133.65, "trend": 10.922333, "fair_value": 12.350256, "relative_strength": -17.613346, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.648374, "energy": 11.411546, "activity_lines": [ 11.155333, 11.164545, 11.369952, 11.223785 ] }, { "date": "2025-11-14", "close": 10.55, "volume": 61080662, "typical_volume": 92141432.95, "trend": 10.965667, "fair_value": 12.346218, "relative_strength": -22.575339, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.432379, "energy": 3.917719, "activity_lines": [ 10.997333, 11.033455, 11.291857, 11.199763 ] }, { "date": "2025-11-21", "close": 10.0, "volume": 38046153, "typical_volume": 91471800.3, "trend": 10.980667, "fair_value": 12.327885, "relative_strength": -22.060708, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.634574, "energy": 19.378814, "activity_lines": [ 10.690667, 10.820545, 11.161905, 11.137462 ] }, { "date": "2025-11-28", "close": 10.49, "volume": 35994344, "typical_volume": 91267647.3, "trend": 10.998333, "fair_value": 12.315577, "relative_strength": -20.525624, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.770549, "energy": 34.323124, "activity_lines": [ 10.565333, 10.732364, 11.08119, 11.105806 ] }, { "date": "2025-12-05", "close": 9.95, "volume": 31667615, "typical_volume": 84594785.4, "trend": 10.990333, "fair_value": 12.301923, "relative_strength": -24.868164, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.091829, "energy": 55.998682, "activity_lines": [ 10.285333, 10.568364, 10.949476, 11.038172 ] }, { "date": "2025-12-12", "close": 9.56, "volume": 31346901, "typical_volume": 79090171.55, "trend": 10.963667, "fair_value": 12.28359, "relative_strength": -27.78679, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.674146, "energy": 74.306641, "activity_lines": [ 9.974667, 10.358182, 10.78819, 10.945892 ] }, { "date": "2025-12-19", "close": 9.49, "volume": 30809083, "typical_volume": 76227081.45, "trend": 10.936667, "fair_value": 12.264359, "relative_strength": -27.085404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.643212, "energy": 76.049708, "activity_lines": [ 9.768, 10.162364, 10.630429, 10.850817 ] }, { "date": "2025-12-26", "close": 9.57, "volume": 27622190, "typical_volume": 70821460.85, "trend": 10.912, "fair_value": 12.247244, "relative_strength": -28.438515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.239251, "energy": 77.395198, "activity_lines": [ 9.658667, 10.009818, 10.490857, 10.762645 ] }, { "date": "2026-01-02", "close": 9.68, "volume": 25164094, "typical_volume": 67814958.6, "trend": 10.887333, "fair_value": 12.233397, "relative_strength": -26.694481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.177871, "energy": 71.802637, "activity_lines": [ 9.614667, 9.89, 10.372714, 10.683161 ] }, { "date": "2026-01-09", "close": 11.03, "volume": 155652993, "typical_volume": 68545174.95, "trend": 10.92, "fair_value": 12.234295, "relative_strength": -19.449399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.137447, "energy": 26.805323, "activity_lines": [ 10.074667, 10.037273, 10.392667, 10.692366 ] }, { "date": "2026-01-16", "close": 10.8, "volume": 110867239, "typical_volume": 59343007.85, "trend": 10.950667, "fair_value": 12.232821, "relative_strength": -21.459057, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.703772, "energy": 18.065399, "activity_lines": [ 10.386, 10.150182, 10.397667, 10.684624 ] }, { "date": "2026-01-23", "close": 10.73, "volume": 50441451, "typical_volume": 56964326.55, "trend": 10.953, "fair_value": 12.227756, "relative_strength": -22.24396, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.961701, "energy": 21.198514, "activity_lines": [ 10.591333, 10.262545, 10.401333, 10.670387 ] }, { "date": "2026-01-30", "close": 9.71, "volume": 49999616, "typical_volume": 55395513.25, "trend": 10.925333, "fair_value": 12.211859, "relative_strength": -27.792553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.962089, "energy": 26.37152, "activity_lines": [ 10.374, 10.186182, 10.311762, 10.590194 ] }, { "date": "2026-02-06", "close": 10.19, "volume": 50449414, "typical_volume": 53271504.9, "trend": 10.912333, "fair_value": 12.199103, "relative_strength": -21.86496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.867051, "energy": 15.092853, "activity_lines": [ 10.307333, 10.202364, 10.278619, 10.542753 ] }, { "date": "2026-02-13", "close": 10.47, "volume": 48597395, "typical_volume": 52190462.45, "trend": 10.876667, "fair_value": 12.187564, "relative_strength": -20.189438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.303456, "energy": 15.330654, "activity_lines": [ 10.3, 10.274909, 10.279429, 10.514215 ] }, { "date": "2026-02-27", "close": 10.33, "volume": 29088420, "typical_volume": 52354007.35, "trend": 10.831, "fair_value": 12.168846, "relative_strength": -22.706081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.553076, "energy": 19.142843, "activity_lines": [ 10.283333, 10.312545, 10.270905, 10.478946 ] }, { "date": "2026-03-06", "close": 9.49, "volume": 44550508, "typical_volume": 53568532.65, "trend": 10.757, "fair_value": 12.141923, "relative_strength": -26.632377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.554668, "energy": 31.685279, "activity_lines": [ 10.018, 10.183455, 10.18581, 10.39243 ] }, { "date": "2026-03-13", "close": 9.3, "volume": 38247529, "typical_volume": 53586582.5, "trend": 10.671333, "fair_value": 12.114679, "relative_strength": -27.751734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.372865, "energy": 49.560733, "activity_lines": [ 9.772, 10.019818, 10.090143, 10.29843 ] }, { "date": "2026-03-20", "close": 8.71, "volume": 27294605, "typical_volume": 53231972.2, "trend": 10.572333, "fair_value": 12.086026, "relative_strength": -29.354675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.672844, "energy": 71.592379, "activity_lines": [ 9.356667, 9.753818, 9.942905, 10.171892 ] }, { "date": "2026-03-27", "close": 8.37, "volume": 39665605, "typical_volume": 50356222.35, "trend": 10.435, "fair_value": 12.052628, "relative_strength": -30.688465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.294938, "energy": 80.258195, "activity_lines": [ 8.926667, 9.443636, 9.773571, 10.029806 ] }, { "date": "2026-04-03", "close": 8.72, "volume": 90116588, "typical_volume": 50835120.25, "trend": 10.328333, "fair_value": 12.025962, "relative_strength": -24.858115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.702028, "energy": 73.4433, "activity_lines": [ 8.753333, 9.245455, 9.65219, 9.919161 ] }, { "date": "2026-04-10", "close": 8.8, "volume": 28238348, "typical_volume": 49193004.55, "trend": 10.236667, "fair_value": 12.002436, "relative_strength": -28.532312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.346969, "energy": 69.482725, "activity_lines": [ 8.714, 9.099636, 9.551524, 9.820559 ] }, { "date": "2026-04-17", "close": 9.01, "volume": 35558080, "typical_volume": 49068600.9, "trend": 10.138333, "fair_value": 11.98359, "relative_strength": -29.104288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.300485, "energy": 57.614725, "activity_lines": [ 8.790667, 9.027091, 9.47919, 9.741419 ] }, { "date": "2026-04-24", "close": 8.77, "volume": 29723044, "typical_volume": 48755035.9, "trend": 10.04, "fair_value": 11.961859, "relative_strength": -30.68629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.205714, "energy": 44.154564, "activity_lines": [ 8.806667, 8.923636, 9.388714, 9.65314 ] }, { "date": "2026-05-01", "close": 9.83, "volume": 71933135, "typical_volume": 50768311.9, "trend": 9.990667, "fair_value": 11.943269, "relative_strength": -22.619885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.640804, "energy": 21.425594, "activity_lines": [ 9.172, 9.038727, 9.407381, 9.639591 ] }, { "date": "2026-05-08", "close": 10.32, "volume": 44832250, "typical_volume": 51442579.35, "trend": 9.966333, "fair_value": 11.934038, "relative_strength": -20.520672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.068748, "energy": 15.558102, "activity_lines": [ 9.603333, 9.254545, 9.473286, 9.660839 ] }, { "date": "2026-05-15", "close": 11.32, "volume": 95765604, "typical_volume": 54690405.4, "trend": 9.974667, "fair_value": 11.929423, "relative_strength": -12.241598, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.898364, "energy": 39.025458, "activity_lines": [ 10.261333, 9.652364, 9.63081, 9.748172 ] }, { "date": "2026-05-22", "close": 12.68, "volume": 299194298, "typical_volume": 68269010.8, "trend": 10.055, "fair_value": 11.935705, "relative_strength": -1.456508, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.814964, "energy": 62.341102, "activity_lines": [ 11.204667, 10.264182, 9.909143, 9.92271 ] }, { "date": "2026-05-29", "close": 13.21, "volume": 262388881, "typical_volume": 80130250.15, "trend": 10.133, "fair_value": 11.937244, "relative_strength": 3.213706, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.130707, "energy": 79.671282, "activity_lines": [ 12.08, 10.910909, 10.223143, 10.126258 ] }, { "date": "2026-06-05", "close": 13.99, "volume": 44840689, "typical_volume": 74589634.95, "trend": 10.218, "fair_value": 11.943654, "relative_strength": 11.4625, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.693932, "energy": 95.197071, "activity_lines": [ 12.919333, 11.617636, 10.594619, 10.375097 ] }, { "date": "2026-06-12", "close": 15.25, "volume": 49627896, "typical_volume": 71527667.8, "trend": 10.344, "fair_value": 11.962692, "relative_strength": 24.365555, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.207677, "energy": 96.351041, "activity_lines": [ 13.901333, 12.451273, 11.072, 10.699742 ] }, { "date": "2026-06-19", "close": 16.9, "volume": 228569159, "typical_volume": 80434053.2, "trend": 10.555667, "fair_value": 11.99, "relative_strength": 28.460689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.251168, "energy": 97.028781, "activity_lines": [ 15.104667, 13.466182, 11.685333, 11.12271 ] }, { "date": "2026-06-26", "close": 15.47, "volume": 59157745, "typical_volume": 80891959.65, "trend": 10.738, "fair_value": 11.993269, "relative_strength": 19.462726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.522928, "energy": 87.291948, "activity_lines": [ 15.459333, 14.073818, 12.133095, 11.439763 ] }, { "date": "2026-07-03", "close": 13.03, "volume": 29740263, "typical_volume": 79856502.1, "trend": 10.822667, "fair_value": 11.955256, "relative_strength": 2.271655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.848989, "energy": 63.528464, "activity_lines": [ 14.814667, 14.120364, 12.321048, 11.587634 ] }, { "date": "2026-07-10", "close": 11.93, "volume": 136015240, "typical_volume": 84227394.35, "trend": 10.888667, "fair_value": 11.917628, "relative_strength": -2.451685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.475812, "energy": 43.688259, "activity_lines": [ 13.815333, 13.889455, 12.390714, 11.659075 ] }, { "date": "2026-07-17", "close": 9.27, "volume": 124354010, "typical_volume": 88990673.85, "trend": 10.879, "fair_value": 11.859808, "relative_strength": -16.172328, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.055642, "energy": 19.853378, "activity_lines": [ 12.066667, 13.136727, 12.200095, 11.554645 ] }, { "date": "2026-07-24", "close": 9.61, "volume": 170722733, "typical_volume": 95299285.1, "trend": 10.883, "fair_value": 11.803462, "relative_strength": -12.777603, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.528395, "energy": 30.743938, "activity_lines": [ 10.83, 12.464909, 12.046905, 11.472774 ] }, { "date": "2026-07-31", "close": 10.6, "volume": 225802799, "typical_volume": 104677048.6, "trend": 10.917333, "fair_value": 11.759103, "relative_strength": -1.774696, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.690721, "energy": 27.598275, "activity_lines": [ 10.409333, 12.004182, 11.987429, 11.454516 ] }, { "date": "2026-08-07", "close": 11.43, "volume": 154100419, "typical_volume": 111017339.3, "trend": 10.975667, "fair_value": 11.722564, "relative_strength": 1.151158, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.33963, "energy": 27.815378, "activity_lines": [ 10.59, 11.732182, 12.00081, 11.487591 ] } ], "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." } } }