{ "ticker": { "uuid": "e785f26c-d25e-4dd0-bea4-c15eff3cd986", "symbol": "601611", "name": "China Nuclear Engineering Corporation Limited", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -49.164, "architecture_energy": 43.294, "architecture_maturity": 79.92, "architecture_confidence": 55.843, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 19.1, "rotation_up": 27.08, "upward_expansion": 18.67, "deceleration": 66.95, "rotation_down": 42.69, "downward_expansion": 68.67 }, "activity_lines": [ 10.693333, 10.570733, 11.226633, 12.164125 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.69, "trend_reference": 13.510484, "distance_from_trend": -0.134746, "trend_direction": "Weakening", "fair_value": 9.387544, "distance_from_fair_value": 0.245267, "fair_value_direction": "Weakening", "relative_strength": -5.220142, "relative_strength_direction": "Weakening", "price_momentum": -0.24532, "excess_performance": -0.202116, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.134746, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.049188, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.245267, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.233446, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.052201, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.098046, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.24532, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.149362, "read": "Demand-led" } ], "volume": { "latest": 594209026, "relative_activity": 3.294244, "balance": 1.149362, "dry_up": 1.415942, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.090957, "annualized_volatility": 0.559164, "from_high_reference": -0.418408, "from_low_reference": 0.379681 }, "levels": { "trend_reference": 13.510484, "fair_value_reference": 9.387544, "structural_low": 9.61, "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": 19, "median_return": 0.025424, "positive_rate": 0.684211, "directional_follow_through": 0.315789, "median_excess_return": 0.011063, "regime_survival": 0.736842, "best_return": 0.363637, "worst_return": -0.055631, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.043201, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.035807, "regime_survival": 0.333333, "best_return": 0.190202, "worst_return": -0.057143, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.126198, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.11266, "regime_survival": 0.0, "best_return": 0.285303, "worst_return": -0.017687, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.06701, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.069959, "regime_survival": 0.333333, "best_return": 0.229276, "worst_return": -0.080778, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": -0.025143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-31", "tenure": "Developing", "return": -0.043427, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.003659, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": 0.111111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-09-12", "tenure": "Established", "return": -0.001119, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": -0.018203, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-12-05", "tenure": "Developing", "return": 0.143805, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.023059, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-04-03", "tenure": "Established", "return": -0.029218, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.006347, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.033416, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.183824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.09534, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.964748, "volume": 88293287, "typical_volume": 93965188.3, "trend": 8.032681, "fair_value": 7.823159, "relative_strength": -1.873823, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.877168, "energy": 40.454011, "activity_lines": [ 7.847466, 7.964539, 8.138925, 8.127261 ] }, { "date": "2023-08-04", "close": 8.003887, "volume": 140705213, "typical_volume": 93470118.95, "trend": 8.054058, "fair_value": 7.834072, "relative_strength": -1.701081, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.921284, "energy": 43.395298, "activity_lines": [ 7.875779, 7.957817, 8.11885, 8.125403 ] }, { "date": "2023-08-11", "close": 7.710345, "volume": 60762666, "typical_volume": 89390626.7, "trend": 8.061775, "fair_value": 7.840907, "relative_strength": -2.328439, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.699064, "energy": 42.609741, "activity_lines": [ 7.818387, 7.899979, 8.072286, 8.103228 ] }, { "date": "2023-08-18", "close": 7.583144, "volume": 56280135, "typical_volume": 88740557.7, "trend": 8.065899, "fair_value": 7.846316, "relative_strength": -2.206339, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.373309, "energy": 39.978243, "activity_lines": [ 7.752243, 7.827486, 8.015411, 8.072349 ] }, { "date": "2023-08-25", "close": 7.191756, "volume": 71597793, "typical_volume": 88600908.7, "trend": 8.050194, "fair_value": 7.849826, "relative_strength": -5.174994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.60226, "energy": 76.919173, "activity_lines": [ 7.559661, 7.69532, 7.923163, 8.015953 ] }, { "date": "2023-09-01", "close": 7.230896, "volume": 103133106, "typical_volume": 89145598.7, "trend": 8.036118, "fair_value": 7.843886, "relative_strength": -6.686696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.920658, "energy": 81.116015, "activity_lines": [ 7.406368, 7.58923, 7.83924, 7.963095 ] }, { "date": "2023-09-08", "close": 7.172187, "volume": 54959835, "typical_volume": 86523421.85, "trend": 8.018146, "fair_value": 7.835677, "relative_strength": -6.894349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.324157, "energy": 84.334696, "activity_lines": [ 7.282428, 7.487541, 7.75561, 7.907357 ] }, { "date": "2023-09-15", "close": 7.279819, "volume": 36748968, "typical_volume": 84212687.25, "trend": 8.00893, "fair_value": 7.832003, "relative_strength": -5.328791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.492098, "energy": 81.721285, "activity_lines": [ 7.249812, 7.423854, 7.687613, 7.859723 ] }, { "date": "2023-09-22", "close": 7.211326, "volume": 31533234, "typical_volume": 80601814.65, "trend": 7.990002, "fair_value": 7.829964, "relative_strength": -6.419253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.382147, "energy": 74.236348, "activity_lines": [ 7.223068, 7.36472, 7.6187, 7.808265 ] }, { "date": "2023-09-29", "close": 7.172187, "volume": 23829942, "typical_volume": 70980729.05, "trend": 7.956531, "fair_value": 7.830542, "relative_strength": -6.054287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.558749, "energy": 63.996369, "activity_lines": [ 7.208064, 7.306326, 7.55416, 7.755503 ] }, { "date": "2023-10-13", "close": 6.908, "volume": 50308985, "typical_volume": 67629029.1, "trend": 7.925233, "fair_value": 7.828633, "relative_strength": -8.587621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.65566, "energy": 62.0363, "activity_lines": [ 7.106303, 7.207412, 7.47187, 7.687855 ] }, { "date": "2023-10-20", "close": 6.712306, "volume": 38972009, "typical_volume": 64922880.4, "trend": 7.871911, "fair_value": 7.827118, "relative_strength": -7.893007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.422253, "energy": 86.182772, "activity_lines": [ 6.960837, 7.09213, 7.378413, 7.609602 ] }, { "date": "2023-10-27", "close": 6.810153, "volume": 43208353, "typical_volume": 63422175.55, "trend": 7.829278, "fair_value": 7.826352, "relative_strength": -7.424764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.261461, "energy": 81.376096, "activity_lines": [ 6.878646, 7.018122, 7.301016, 7.541102 ] }, { "date": "2023-11-03", "close": 6.878646, "volume": 43091327, "typical_volume": 62032955.2, "trend": 7.79248, "fair_value": 7.824804, "relative_strength": -6.693287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.855254, "energy": 80.752137, "activity_lines": [ 6.850596, 6.972935, 7.236647, 7.47977 ] }, { "date": "2023-11-10", "close": 6.829722, "volume": 33203120, "typical_volume": 61007729.85, "trend": 7.748239, "fair_value": 7.821112, "relative_strength": -7.39553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.99548, "energy": 75.075484, "activity_lines": [ 6.828418, 6.931661, 7.173983, 7.417657 ] }, { "date": "2023-11-17", "close": 6.898216, "volume": 28598032, "typical_volume": 60831038.5, "trend": 7.695948, "fair_value": 7.81731, "relative_strength": -6.810044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.95427, "energy": 57.055494, "activity_lines": [ 6.851901, 6.909423, 7.124531, 7.362817 ] }, { "date": "2023-11-24", "close": 6.839507, "volume": 31927045, "typical_volume": 60198115.1, "trend": 7.647189, "fair_value": 7.81722, "relative_strength": -7.063614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.889009, "energy": 52.387008, "activity_lines": [ 6.856467, 6.88256, 7.075021, 7.307563 ] }, { "date": "2023-12-01", "close": 6.780799, "volume": 30477291, "typical_volume": 59407452.95, "trend": 7.591307, "fair_value": 7.8159, "relative_strength": -7.437483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.971333, "energy": 54.768685, "activity_lines": [ 6.832984, 6.851071, 7.026331, 7.251666 ] }, { "date": "2023-12-08", "close": 6.555751, "volume": 54022515, "typical_volume": 53508231.0, "trend": 7.512746, "fair_value": 7.813563, "relative_strength": -8.408457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.143895, "energy": 63.47973, "activity_lines": [ 6.736442, 6.787737, 6.963038, 7.184856 ] }, { "date": "2023-12-15", "close": 6.74166, "volume": 47285129, "typical_volume": 53446899.25, "trend": 7.446517, "fair_value": 7.812419, "relative_strength": -4.817211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.334, "energy": 54.645361, "activity_lines": [ 6.723395, 6.770125, 6.922631, 7.135109 ] }, { "date": "2023-12-22", "close": 6.653598, "volume": 31259721, "typical_volume": 50595220.95, "trend": 7.385749, "fair_value": 7.807476, "relative_strength": -5.029139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.635549, "energy": 55.233281, "activity_lines": [ 6.686866, 6.744329, 6.877854, 7.083953 ] }, { "date": "2023-12-29", "close": 6.780799, "volume": 47069984, "typical_volume": 45913459.5, "trend": 7.340846, "fair_value": 7.803227, "relative_strength": -5.034467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.333795, "energy": 48.789887, "activity_lines": [ 6.709045, 6.746286, 6.851435, 7.044924 ] }, { "date": "2024-01-05", "close": 6.859076, "volume": 85553083, "typical_volume": 47152980.35, "trend": 7.296938, "fair_value": 7.803872, "relative_strength": -2.376044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.428841, "energy": 35.566409, "activity_lines": [ 6.761229, 6.761229, 6.838296, 7.013842 ] }, { "date": "2024-01-12", "close": 6.751445, "volume": 50583586, "typical_volume": 46868152.9, "trend": 7.24815, "fair_value": 7.803218, "relative_strength": -2.302249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.789038, "energy": 29.126006, "activity_lines": [ 6.772319, 6.755715, 6.818959, 6.978649 ] }, { "date": "2024-01-19", "close": 6.340487, "volume": 57094623, "typical_volume": 46142994.4, "trend": 7.185018, "fair_value": 7.799929, "relative_strength": -6.541807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.385492, "energy": 45.62131, "activity_lines": [ 6.633376, 6.677793, 6.764444, 6.92009 ] }, { "date": "2024-01-26", "close": 6.790584, "volume": 99915618, "typical_volume": 45982120.0, "trend": 7.142701, "fair_value": 7.799037, "relative_strength": -2.587282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.908286, "energy": 31.463854, "activity_lines": [ 6.67121, 6.690602, 6.75685, 6.894642 ] }, { "date": "2024-02-02", "close": 6.369842, "volume": 161866767, "typical_volume": 51327466.6, "trend": 7.082162, "fair_value": 7.793679, "relative_strength": -2.585116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.452867, "energy": 40.481313, "activity_lines": [ 6.559665, 6.628869, 6.711281, 6.844781 ] }, { "date": "2024-02-09", "close": 6.878646, "volume": 128609717, "typical_volume": 55920504.05, "trend": 7.037614, "fair_value": 7.788409, "relative_strength": 0.16896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.192441, "energy": 26.356007, "activity_lines": [ 6.645118, 6.668186, 6.717991, 6.831651 ] }, { "date": "2024-02-23", "close": 6.92757, "volume": 96429947, "typical_volume": 59165339.7, "trend": 7.01375, "fair_value": 7.785039, "relative_strength": -3.738457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.732146, "energy": 11.056555, "activity_lines": [ 6.745574, 6.714619, 6.73127, 6.824551 ] }, { "date": "2024-03-01", "close": 7.084125, "volume": 105449697, "typical_volume": 63246327.45, "trend": 6.997041, "fair_value": 7.779195, "relative_strength": -2.280288, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.687189, "energy": 7.453509, "activity_lines": [ 6.886474, 6.782756, 6.76081, 6.829091 ] }, { "date": "2024-03-08", "close": 7.064555, "volume": 99205337, "typical_volume": 65691145.05, "trend": 6.967034, "fair_value": 7.784026, "relative_strength": -3.110036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.891538, "energy": 19.30222, "activity_lines": [ 6.971275, 6.841108, 6.788906, 6.833447 ] }, { "date": "2024-03-15", "close": 6.966708, "volume": 79385178, "typical_volume": 67711803.5, "trend": 6.932462, "fair_value": 7.787985, "relative_strength": -4.586748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.999684, "energy": 18.212926, "activity_lines": [ 7.005195, 6.874198, 6.806938, 6.833426 ] }, { "date": "2024-03-22", "close": 7.103695, "volume": 136403151, "typical_volume": 72371543.4, "trend": 6.91224, "fair_value": 7.789772, "relative_strength": -2.422375, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.47565, "energy": 28.317539, "activity_lines": [ 7.044986, 6.928815, 6.836805, 6.844473 ] }, { "date": "2024-03-29", "close": 6.996063, "volume": 73146130, "typical_volume": 73874283.55, "trend": 6.892671, "fair_value": 7.79154, "relative_strength": -3.484401, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.694411, "energy": 22.988757, "activity_lines": [ 7.033897, 6.959415, 6.855023, 6.849881 ] }, { "date": "2024-04-05", "close": 7.025416, "volume": 34295355, "typical_volume": 73928895.3, "trend": 6.887126, "fair_value": 7.792519, "relative_strength": -3.821727, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.661184, "energy": 15.481051, "activity_lines": [ 7.028026, 6.990903, 6.875478, 6.858445 ] }, { "date": "2024-04-12", "close": 6.917785, "volume": 73849725, "typical_volume": 76191479.95, "trend": 6.876689, "fair_value": 7.787439, "relative_strength": -3.617318, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.605118, "energy": 8.722986, "activity_lines": [ 6.990192, 6.99037, 6.88475, 6.860423 ] }, { "date": "2024-04-19", "close": 7.710345, "volume": 291928030, "typical_volume": 89191529.2, "trend": 6.894628, "fair_value": 7.789454, "relative_strength": 5.765578, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.723352, "energy": 43.81731, "activity_lines": [ 7.226329, 7.131625, 6.969411, 6.914208 ] }, { "date": "2024-04-26", "close": 7.455943, "volume": 188241013, "typical_volume": 97079715.3, "trend": 6.900499, "fair_value": 7.787274, "relative_strength": 1.602406, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.939005, "energy": 49.431922, "activity_lines": [ 7.32809, 7.202253, 7.025696, 6.950422 ] }, { "date": "2024-05-03", "close": 7.602714, "volume": 58431482, "typical_volume": 97300163.65, "trend": 6.913545, "fair_value": 7.785853, "relative_strength": 3.117517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.924771, "energy": 62.124674, "activity_lines": [ 7.455291, 7.28907, 7.092745, 6.995726 ] }, { "date": "2024-05-10", "close": 7.798408, "volume": 100436566, "typical_volume": 99957735.5, "trend": 6.934419, "fair_value": 7.786906, "relative_strength": 4.16595, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.431883, "energy": 75.59946, "activity_lines": [ 7.60728, 7.399192, 7.173445, 7.052814 ] }, { "date": "2024-05-17", "close": 7.778838, "volume": 96361220, "typical_volume": 103212810.45, "trend": 6.963447, "fair_value": 7.785881, "relative_strength": 4.095919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.89923, "energy": 78.128784, "activity_lines": [ 7.701213, 7.492769, 7.24725, 7.107292 ] }, { "date": "2024-05-24", "close": 7.485298, "volume": 84432248, "typical_volume": 105080923.65, "trend": 6.989213, "fair_value": 7.784928, "relative_strength": 2.483661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.943962, "energy": 68.563749, "activity_lines": [ 7.639896, 7.519989, 7.28774, 7.14096 ] }, { "date": "2024-05-31", "close": 7.817977, "volume": 127901256, "typical_volume": 107198332.3, "trend": 7.022807, "fair_value": 7.788181, "relative_strength": 7.152419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.581091, "energy": 66.301606, "activity_lines": [ 7.704475, 7.598266, 7.356559, 7.194429 ] }, { "date": "2024-06-07", "close": 7.974533, "volume": 209241164, "typical_volume": 115131211.2, "trend": 7.059337, "fair_value": 7.7914, "relative_strength": 10.496005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.04341, "energy": 54.459106, "activity_lines": [ 7.797103, 7.692022, 7.435722, 7.25583 ] }, { "date": "2024-06-14", "close": 7.886471, "volume": 96801256, "typical_volume": 117116542.85, "trend": 7.094562, "fair_value": 7.797412, "relative_strength": 9.885842, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.068472, "energy": 47.560578, "activity_lines": [ 7.83559, 7.751975, 7.500674, 7.309194 ] }, { "date": "2024-06-21", "close": 8.170227, "volume": 116336137, "typical_volume": 117937568.8, "trend": 7.136962, "fair_value": 7.805669, "relative_strength": 14.978496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.357168, "energy": 58.322538, "activity_lines": [ 7.962791, 7.847865, 7.585288, 7.378592 ] }, { "date": "2024-06-28", "close": 7.915825, "volume": 115487797, "typical_volume": 115618620.3, "trend": 7.172839, "fair_value": 7.812234, "relative_strength": 12.413522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.621846, "energy": 48.53777, "activity_lines": [ 7.979099, 7.874729, 7.639104, 7.428841 ] }, { "date": "2024-07-05", "close": 7.935393, "volume": 124109587, "typical_volume": 115393613.8, "trend": 7.211326, "fair_value": 7.819169, "relative_strength": 13.203199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.304998, "energy": 43.038627, "activity_lines": [ 7.973228, 7.901414, 7.687422, 7.478038 ] }, { "date": "2024-07-12", "close": 7.817977, "volume": 112690015, "typical_volume": 116206617.2, "trend": 7.2534, "fair_value": 7.825473, "relative_strength": 10.659485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.366634, "energy": 37.016803, "activity_lines": [ 7.92039, 7.898034, 7.719525, 7.517177 ] }, { "date": "2024-07-19", "close": 7.817977, "volume": 88388580, "typical_volume": 115353561.35, "trend": 7.289277, "fair_value": 7.831656, "relative_strength": 10.204883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.136889, "energy": 27.167458, "activity_lines": [ 7.87799, 7.89074, 7.747388, 7.553601 ] }, { "date": "2024-07-26", "close": 7.475513, "volume": 88797701, "typical_volume": 114833179.55, "trend": 7.316675, "fair_value": 7.83491, "relative_strength": 8.512027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.147696, "energy": 16.260467, "activity_lines": [ 7.726001, 7.820824, 7.739141, 7.565616 ] }, { "date": "2024-08-02", "close": 7.982852, "volume": 103287975, "typical_volume": 116028319.4, "trend": 7.356743, "fair_value": 7.842943, "relative_strength": 14.972831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.749824, "energy": 19.303041, "activity_lines": [ 7.789439, 7.848666, 7.777255, 7.608595 ] }, { "date": "2024-08-09", "close": 7.715768, "volume": 70070479, "typical_volume": 112711685.8, "trend": 7.385299, "fair_value": 7.84969, "relative_strength": 12.5617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.861251, "energy": 15.40914, "activity_lines": [ 7.759381, 7.818901, 7.785093, 7.631758 ] }, { "date": "2024-08-16", "close": 8.1708, "volume": 89209599, "typical_volume": 113514859.25, "trend": 7.432611, "fair_value": 7.859329, "relative_strength": 18.103834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.625506, "energy": 27.927182, "activity_lines": [ 7.895642, 7.873728, 7.833354, 7.682436 ] }, { "date": "2024-08-23", "close": 7.77512, "volume": 125644852, "typical_volume": 118082334.1, "trend": 7.480432, "fair_value": 7.86557, "relative_strength": 13.093996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.969933, "energy": 25.147897, "activity_lines": [ 7.876488, 7.853044, 7.838336, 7.704533 ] }, { "date": "2024-08-30", "close": 7.47836, "volume": 93210604, "typical_volume": 119050378.05, "trend": 7.503358, "fair_value": 7.870154, "relative_strength": 9.059767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.927979, "energy": 5.249894, "activity_lines": [ 7.761271, 7.780429, 7.811486, 7.704399 ] }, { "date": "2024-09-06", "close": 6.795811, "volume": 102105708, "typical_volume": 109559261.95, "trend": 7.517557, "fair_value": 7.869193, "relative_strength": 1.754578, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.447764, "energy": 32.592583, "activity_lines": [ 7.418348, 7.596293, 7.716961, 7.658751 ] }, { "date": "2024-09-13", "close": 6.746351, "volume": 63673584, "typical_volume": 103330890.5, "trend": 7.513147, "fair_value": 7.868408, "relative_strength": 3.165796, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.47598, "energy": 56.580412, "activity_lines": [ 7.138075, 7.423528, 7.622082, 7.608996 ] }, { "date": "2024-09-20", "close": 6.845271, "volume": 35979296, "typical_volume": 102208281.2, "trend": 7.510404, "fair_value": 7.862161, "relative_strength": 3.262637, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.258772, "energy": 65.821815, "activity_lines": [ 6.955402, 7.290368, 7.540002, 7.565907 ] }, { "date": "2024-09-27", "close": 7.606956, "volume": 98766833, "typical_volume": 102124794.55, "trend": 7.527832, "fair_value": 7.859133, "relative_strength": 1.614059, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.866174, "energy": 54.669244, "activity_lines": [ 7.114993, 7.313381, 7.53407, 7.572136 ] }, { "date": "2024-10-04", "close": 8.220261, "volume": 62333783, "typical_volume": 100423422.7, "trend": 7.566355, "fair_value": 7.857327, "relative_strength": 1.482827, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 13.251793, "energy": 10.967653, "activity_lines": [ 7.49023, 7.451741, 7.58746, 7.616809 ] }, { "date": "2024-10-11", "close": 8.101556, "volume": 311575892, "typical_volume": 111780604.9, "trend": 7.604183, "fair_value": 7.849218, "relative_strength": 3.534926, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.588004, "energy": 20.098211, "activity_lines": [ 7.776439, 7.554978, 7.627443, 7.651338 ] }, { "date": "2024-10-18", "close": 8.329072, "volume": 187454271, "typical_volume": 114758255.65, "trend": 7.645029, "fair_value": 7.841828, "relative_strength": 4.749883, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.4974, "energy": 42.576493, "activity_lines": [ 8.051437, 7.697423, 7.686159, 7.698105 ] }, { "date": "2024-10-25", "close": 8.526912, "volume": 185486454, "typical_volume": 113570520.15, "trend": 7.696058, "fair_value": 7.828932, "relative_strength": 5.720034, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.436851, "energy": 51.483173, "activity_lines": [ 8.286866, 7.864687, 7.761284, 7.755001 ] }, { "date": "2024-11-01", "close": 8.655508, "volume": 172317309, "typical_volume": 117346322.8, "trend": 7.750394, "fair_value": 7.824559, "relative_strength": 7.892559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.650093, "energy": 72.631656, "activity_lines": [ 8.453052, 8.048859, 7.846025, 7.816901 ] }, { "date": "2024-11-08", "close": 9.377625, "volume": 235717201, "typical_volume": 123315376.0, "trend": 7.832389, "fair_value": 7.829309, "relative_strength": 10.402672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.281648, "energy": 81.060209, "activity_lines": [ 8.79004, 8.348317, 7.995877, 7.921884 ] }, { "date": "2024-11-15", "close": 8.902809, "volume": 158478888, "typical_volume": 125464930.55, "trend": 7.872138, "fair_value": 7.835512, "relative_strength": 8.278164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.167562, "energy": 73.920244, "activity_lines": [ 8.891598, 8.526912, 8.09476, 7.990943 ] }, { "date": "2024-11-22", "close": 8.704968, "volume": 173062719, "typical_volume": 127912587.15, "trend": 7.913772, "fair_value": 7.839092, "relative_strength": 7.590579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.626761, "energy": 66.110542, "activity_lines": [ 8.873792, 8.631228, 8.1701, 8.044674 ] }, { "date": "2024-11-29", "close": 8.586265, "volume": 94662606, "typical_volume": 127011216.7, "trend": 7.946557, "fair_value": 7.84265, "relative_strength": 3.964641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.648152, "energy": 48.151749, "activity_lines": [ 8.791359, 8.67835, 8.23047, 8.088061 ] }, { "date": "2024-12-06", "close": 8.714861, "volume": 87907803, "typical_volume": 126987177.85, "trend": 7.977105, "fair_value": 7.843337, "relative_strength": 2.857913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.903778, "energy": 38.285811, "activity_lines": [ 8.747834, 8.717199, 8.29943, 8.137629 ] }, { "date": "2024-12-13", "close": 8.437884, "volume": 87743894, "typical_volume": 126934487.5, "trend": 7.999073, "fair_value": 7.840894, "relative_strength": -0.26876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.757633, "energy": 25.081483, "activity_lines": [ 8.608027, 8.685544, 8.33774, 8.167356 ] }, { "date": "2024-12-20", "close": 8.427993, "volume": 66418960, "typical_volume": 125091036.75, "trend": 8.030497, "fair_value": 7.841774, "relative_strength": 0.1554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.289236, "energy": 19.360495, "activity_lines": [ 8.527572, 8.648135, 8.370525, 8.195029 ] }, { "date": "2024-12-27", "close": 9.160001, "volume": 146274065, "typical_volume": 128901216.05, "trend": 8.075231, "fair_value": 7.842975, "relative_strength": 7.48725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.653507, "energy": 30.772836, "activity_lines": [ 8.722774, 8.737882, 8.470905, 8.2679 ] }, { "date": "2025-01-03", "close": 8.220261, "volume": 133781471, "typical_volume": 131129809.65, "trend": 8.083422, "fair_value": 7.832301, "relative_strength": 1.908958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.248478, "energy": 16.591281, "activity_lines": [ 8.574394, 8.64166, 8.474909, 8.277257 ] }, { "date": "2025-01-10", "close": 7.9235, "volume": 82492798, "typical_volume": 128972206.95, "trend": 8.084656, "fair_value": 7.824097, "relative_strength": -0.561006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.327364, "energy": 10.933822, "activity_lines": [ 8.351494, 8.497057, 8.450414, 8.266939 ] }, { "date": "2025-01-17", "close": 7.97296, "volume": 80708214, "typical_volume": 128347087.45, "trend": 8.07808, "fair_value": 7.809498, "relative_strength": -2.28987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.520722, "energy": 10.153769, "activity_lines": [ 8.197839, 8.374756, 8.429924, 8.259733 ] }, { "date": "2025-01-24", "close": 8.111447, "volume": 68868628, "typical_volume": 126685233.45, "trend": 8.084601, "fair_value": 7.797757, "relative_strength": -1.115683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.00729, "energy": 19.273867, "activity_lines": [ 8.12134, 8.303173, 8.420267, 8.261886 ] }, { "date": "2025-01-31", "close": 8.061988, "volume": 12601000, "typical_volume": 124131604.25, "trend": 8.088821, "fair_value": 7.788039, "relative_strength": -1.767361, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.284637, "energy": 29.166572, "activity_lines": [ 8.049458, 8.236987, 8.399635, 8.260427 ] }, { "date": "2025-02-07", "close": 8.111447, "volume": 48076287, "typical_volume": 124736453.8, "trend": 8.098603, "fair_value": 7.781841, "relative_strength": -2.842671, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.199188, "energy": 33.678389, "activity_lines": [ 8.067263, 8.191483, 8.377449, 8.261886 ] }, { "date": "2025-02-14", "close": 8.012528, "volume": 69571985, "typical_volume": 123276711.4, "trend": 8.105088, "fair_value": 7.778272, "relative_strength": -5.257889, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.60873, "energy": 31.323083, "activity_lines": [ 8.05935, 8.136628, 8.339812, 8.256333 ] }, { "date": "2025-02-21", "close": 8.141124, "volume": 92835056, "typical_volume": 124801775.05, "trend": 8.127275, "fair_value": 7.775713, "relative_strength": -4.735278, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.529844, "energy": 17.637808, "activity_lines": [ 8.088366, 8.117923, 8.312491, 8.258658 ] }, { "date": "2025-02-28", "close": 7.9235, "volume": 79048079, "typical_volume": 113175384.4, "trend": 8.125297, "fair_value": 7.774591, "relative_strength": -5.689213, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.184488, "energy": 19.455022, "activity_lines": [ 8.033631, 8.065045, 8.264821, 8.245511 ] }, { "date": "2025-03-07", "close": 8.784104, "volume": 338281029, "typical_volume": 120716722.3, "trend": 8.160908, "fair_value": 7.774182, "relative_strength": 2.730268, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.348736, "energy": 20.753791, "activity_lines": [ 8.278293, 8.177814, 8.299961, 8.288015 ] }, { "date": "2025-03-14", "close": 8.972053, "volume": 171803065, "typical_volume": 120032552.85, "trend": 8.187617, "fair_value": 7.77424, "relative_strength": 3.217089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.200574, "energy": 34.8571, "activity_lines": [ 8.537464, 8.33159, 8.350835, 8.340347 ] }, { "date": "2025-03-21", "close": 8.803888, "volume": 112075063, "typical_volume": 117020440.55, "trend": 8.221909, "fair_value": 7.775805, "relative_strength": 2.707771, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.375001, "energy": 44.517456, "activity_lines": [ 8.683206, 8.441121, 8.383572, 8.380106 ] }, { "date": "2025-03-28", "close": 8.922593, "volume": 253211853, "typical_volume": 117895173.15, "trend": 8.27005, "fair_value": 7.775915, "relative_strength": 4.227868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.643634, "energy": 59.121169, "activity_lines": [ 8.815759, 8.556229, 8.426909, 8.425312 ] }, { "date": "2025-04-04", "close": 9.031404, "volume": 353165035, "typical_volume": 127629480.5, "trend": 8.34457, "fair_value": 7.779309, "relative_strength": 5.464194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.316222, "energy": 70.242757, "activity_lines": [ 8.932484, 8.673853, 8.482775, 8.474431 ] }, { "date": "2025-04-11", "close": 8.645617, "volume": 278326925, "typical_volume": 132892690.8, "trend": 8.407879, "fair_value": 7.786141, "relative_strength": 3.899398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.782384, "energy": 50.232581, "activity_lines": [ 8.846754, 8.704609, 8.501287, 8.493854 ] }, { "date": "2025-04-18", "close": 8.606049, "volume": 139912142, "typical_volume": 135155167.6, "trend": 8.466571, "fair_value": 7.793521, "relative_strength": 2.123765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.576501, "energy": 31.202162, "activity_lines": [ 8.757067, 8.717558, 8.516314, 8.506639 ] }, { "date": "2025-04-25", "close": 8.81378, "volume": 130106024, "typical_volume": 137265078.65, "trend": 8.506799, "fair_value": 7.800692, "relative_strength": 3.804514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.011566, "energy": 27.58809, "activity_lines": [ 8.761023, 8.759285, 8.55103, 8.52904 ] }, { "date": "2025-05-02", "close": 8.427993, "volume": 167673919, "typical_volume": 141261579.9, "trend": 8.513723, "fair_value": 7.804098, "relative_strength": -0.344312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.047927, "energy": 14.83218, "activity_lines": [ 8.635725, 8.716299, 8.548533, 8.523955 ] }, { "date": "2025-05-09", "close": 8.81378, "volume": 140172498, "typical_volume": 144949256.8, "trend": 8.537464, "fair_value": 7.810715, "relative_strength": 2.128002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.679993, "energy": 15.776184, "activity_lines": [ 8.671995, 8.738242, 8.582826, 8.543314 ] }, { "date": "2025-05-16", "close": 8.823673, "volume": 128930146, "typical_volume": 144082060.85, "trend": 8.553951, "fair_value": 7.81524, "relative_strength": 1.353331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.774283, "energy": 17.706894, "activity_lines": [ 8.726072, 8.745796, 8.616223, 8.561779 ] }, { "date": "2025-05-23", "close": 8.685184, "volume": 126603073, "typical_volume": 143723140.95, "trend": 8.559226, "fair_value": 7.82245, "relative_strength": 0.204227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.420064, "energy": 14.607412, "activity_lines": [ 8.722115, 8.72745, 8.638033, 8.570246 ] }, { "date": "2025-05-30", "close": 8.981945, "volume": 323739572, "typical_volume": 155785479.65, "trend": 8.570107, "fair_value": 7.830576, "relative_strength": 3.53971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.688602, "energy": 26.520732, "activity_lines": [ 8.811802, 8.768277, 8.685891, 8.597518 ] }, { "date": "2025-06-06", "close": 8.912702, "volume": 96384561, "typical_volume": 156569297.0, "trend": 8.55461, "fair_value": 7.836349, "relative_strength": 1.57769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.585012, "energy": 31.788532, "activity_lines": [ 8.867198, 8.793277, 8.722115, 8.619621 ] }, { "date": "2025-06-13", "close": 8.883025, "volume": 142866444, "typical_volume": 160269187.8, "trend": 8.553951, "fair_value": 7.840085, "relative_strength": 1.46762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.299803, "energy": 32.837649, "activity_lines": [ 8.880387, 8.813061, 8.751037, 8.640809 ] }, { "date": "2025-06-20", "close": 8.784104, "volume": 158560788, "typical_volume": 167567177.2, "trend": 8.556588, "fair_value": 7.844665, "relative_strength": 0.93126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.014619, "energy": 30.073172, "activity_lines": [ 8.855987, 8.817558, 8.766864, 8.655657 ] }, { "date": "2025-06-27", "close": 8.981945, "volume": 116298514, "typical_volume": 170978288.55, "trend": 8.569778, "fair_value": 7.850081, "relative_strength": 1.299055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.903893, "energy": 29.960325, "activity_lines": [ 8.900171, 8.855507, 8.798095, 8.6831 ] }, { "date": "2025-07-04", "close": 9.051188, "volume": 109739434, "typical_volume": 172986661.0, "trend": 8.580989, "fair_value": 7.853848, "relative_strength": 0.728519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.982081, "energy": 32.035231, "activity_lines": [ 8.947652, 8.899212, 8.831775, 8.714158 ] }, { "date": "2025-07-11", "close": 9.169894, "volume": 106190690, "typical_volume": 173654442.7, "trend": 8.605389, "fair_value": 7.859977, "relative_strength": 0.963047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.04389, "energy": 45.793259, "activity_lines": [ 9.030086, 8.960183, 8.871814, 8.752152 ] }, { "date": "2025-07-18", "close": 9.189677, "volume": 204645758, "typical_volume": 179934326.65, "trend": 8.630778, "fair_value": 7.867403, "relative_strength": 0.501082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.166862, "energy": 53.301959, "activity_lines": [ 9.101968, 9.011261, 8.908838, 8.789848 ] }, { "date": "2025-07-25", "close": 9.54579, "volume": 365005019, "typical_volume": 181270526.15, "trend": 8.643638, "fair_value": 7.876865, "relative_strength": 2.62298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.75145, "energy": 61.085777, "activity_lines": [ 9.272111, 9.120253, 8.973749, 8.848881 ] }, { "date": "2025-08-01", "close": 9.189677, "volume": 119822238, "typical_volume": 178671484.8, "trend": 8.675952, "fair_value": 7.881273, "relative_strength": -0.146799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.27075, "energy": 55.031413, "activity_lines": [ 9.27277, 9.151368, 9.001117, 8.88411 ] }, { "date": "2025-08-08", "close": 9.372229, "volume": 81633657, "typical_volume": 177149414.5, "trend": 8.724243, "fair_value": 7.88913, "relative_strength": -0.181997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.726885, "energy": 53.167907, "activity_lines": [ 9.320431, 9.206502, 9.044834, 8.929031 ] }, { "date": "2025-08-15", "close": 9.272311, "volume": 94294830, "typical_volume": 169203563.35, "trend": 8.767555, "fair_value": 7.896032, "relative_strength": -2.65411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.365483, "energy": 42.596469, "activity_lines": [ 9.313384, 9.236372, 9.076329, 8.96439 ] }, { "date": "2025-08-22", "close": 9.452163, "volume": 135467458, "typical_volume": 158318684.5, "trend": 8.812245, "fair_value": 7.905017, "relative_strength": -3.930063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.244074, "energy": 37.8119, "activity_lines": [ 9.359459, 9.292405, 9.123288, 9.008558 ] }, { "date": "2025-08-29", "close": 9.102452, "volume": 155933688, "typical_volume": 152199022.65, "trend": 8.846927, "fair_value": 7.913935, "relative_strength": -8.069048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.925504, "energy": 27.045641, "activity_lines": [ 9.271465, 9.274505, 9.134937, 9.027281 ] }, { "date": "2025-09-05", "close": 8.842669, "volume": 102638478, "typical_volume": 150335339.45, "trend": 8.871301, "fair_value": 7.920628, "relative_strength": -9.535617, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.970637, "energy": 11.684173, "activity_lines": [ 9.126433, 9.203585, 9.119669, 9.027007 ] }, { "date": "2025-09-12", "close": 8.91261, "volume": 75431282, "typical_volume": 147601602.35, "trend": 8.901304, "fair_value": 7.927335, "relative_strength": -10.058698, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.952254, "energy": 13.986668, "activity_lines": [ 9.027848, 9.147913, 9.109936, 9.029672 ] }, { "date": "2025-09-19", "close": 8.782718, "volume": 73251065, "typical_volume": 142880459.65, "trend": 8.922691, "fair_value": 7.934203, "relative_strength": -10.061105, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.489223, "energy": 21.67254, "activity_lines": [ 8.916607, 9.071144, 9.087362, 9.022021 ] }, { "date": "2025-09-26", "close": 8.62285, "volume": 77278500, "typical_volume": 139735759.75, "trend": 8.946002, "fair_value": 7.936258, "relative_strength": -11.742881, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.251606, "energy": 31.194432, "activity_lines": [ 8.784716, 8.972348, 9.047872, 9.002676 ] }, { "date": "2025-10-03", "close": 8.842669, "volume": 38770089, "typical_volume": 135227756.9, "trend": 8.947954, "fair_value": 7.937921, "relative_strength": -10.641894, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.522328, "energy": 30.885935, "activity_lines": [ 8.781386, 8.923825, 9.030227, 8.99601 ] }, { "date": "2025-10-10", "close": 10.701127, "volume": 254293934, "typical_volume": 141612299.95, "trend": 9.00559, "fair_value": 7.954416, "relative_strength": 7.557795, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.107816, "energy": 48.55971, "activity_lines": [ 9.41486, 9.225987, 9.189488, 9.109118 ] }, { "date": "2025-10-17", "close": 10.761078, "volume": 1295466318, "typical_volume": 190198637.25, "trend": 9.07083, "fair_value": 7.971606, "relative_strength": 9.568298, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.526969, "energy": 72.981742, "activity_lines": [ 9.944422, 9.511568, 9.344859, 9.222375 ] }, { "date": "2025-10-24", "close": 13.278989, "volume": 1106341742, "typical_volume": 240696496.3, "trend": 9.216043, "fair_value": 8.008911, "relative_strength": 30.657815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.224353, "energy": 94.717565, "activity_lines": [ 11.190055, 10.2297, 9.731558, 9.493869 ] }, { "date": "2025-10-31", "close": 13.268997, "volume": 1282592671, "typical_volume": 297682807.65, "trend": 9.357296, "fair_value": 8.044102, "relative_strength": 29.723352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.487653, "energy": 95.540104, "activity_lines": [ 12.132607, 10.873166, 10.096514, 9.75535 ] }, { "date": "2025-11-07", "close": 13.149096, "volume": 873809539, "typical_volume": 333445245.2, "trend": 9.507412, "fair_value": 8.078836, "relative_strength": 26.636437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.068662, "energy": 91.832256, "activity_lines": [ 12.725448, 11.425435, 10.429166, 9.999982 ] }, { "date": "2025-11-14", "close": 12.46966, "volume": 742206244, "typical_volume": 364740631.7, "trend": 9.636199, "fair_value": 8.111387, "relative_strength": 19.904326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.891053, "energy": 87.705464, "activity_lines": [ 12.804715, 11.780595, 10.676323, 10.191095 ] }, { "date": "2025-11-21", "close": 11.2, "volume": 346698999, "typical_volume": 376588609.95, "trend": 9.71574, "fair_value": 8.135303, "relative_strength": 11.853972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.379149, "energy": 58.582842, "activity_lines": [ 12.342861, 11.838963, 10.785952, 10.291985 ] }, { "date": "2025-11-28", "close": 11.59, "volume": 247689605, "typical_volume": 383663555.7, "trend": 9.82114, "fair_value": 8.161533, "relative_strength": 13.81557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.818584, "energy": 45.582587, "activity_lines": [ 11.981745, 11.92665, 10.922492, 10.412905 ] }, { "date": "2025-12-05", "close": 12.24, "volume": 327234265, "typical_volume": 389792981.05, "trend": 9.935347, "fair_value": 8.191804, "relative_strength": 19.256452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.058925, "energy": 34.588775, "activity_lines": [ 11.949894, 12.081478, 11.109412, 10.568961 ] }, { "date": "2025-12-12", "close": 13.01, "volume": 385208810, "typical_volume": 390803170.6, "trend": 10.074892, "fair_value": 8.225025, "relative_strength": 26.404938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.857034, "energy": 37.246698, "activity_lines": [ 12.243311, 12.31054, 11.35514, 10.767326 ] }, { "date": "2025-12-19", "close": 12.71, "volume": 501485563, "typical_volume": 409886336.85, "trend": 10.209052, "fair_value": 8.256695, "relative_strength": 22.772937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.634047, "energy": 41.123565, "activity_lines": [ 12.446, 12.409286, 11.555801, 10.937333 ] }, { "date": "2025-12-26", "close": 13.69, "volume": 454076989, "typical_volume": 428508503.45, "trend": 10.365987, "fair_value": 8.29384, "relative_strength": 29.087241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.141046, "energy": 50.383152, "activity_lines": [ 12.959333, 12.649689, 11.833031, 11.16191 ] }, { "date": "2026-01-02", "close": 13.48, "volume": 254323641, "typical_volume": 436509944.0, "trend": 10.518231, "fair_value": 8.330322, "relative_strength": 26.182899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.225084, "energy": 49.517948, "activity_lines": [ 13.236667, 12.798658, 12.069701, 11.362814 ] }, { "date": "2026-01-09", "close": 18.129999, "volume": 768212311, "typical_volume": 468147186.65, "trend": 10.826463, "fair_value": 8.399282, "relative_strength": 61.27841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.267576, "energy": 85.04693, "activity_lines": [ 14.938, 13.789426, 12.729191, 11.853896 ] }, { "date": "2026-01-16", "close": 17.18, "volume": 1057070615, "typical_volume": 513204033.0, "trend": 11.106326, "fair_value": 8.462214, "relative_strength": 51.668947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.389899, "energy": 87.19877, "activity_lines": [ 15.93, 14.519085, 13.256882, 12.263801 ] }, { "date": "2026-01-23", "close": 17.4, "volume": 596590832, "typical_volume": 537901650.7, "trend": 11.386928, "fair_value": 8.525812, "relative_strength": 50.543273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.668731, "energy": 90.048774, "activity_lines": [ 16.717333, 15.215454, 13.767061, 12.669845 ] }, { "date": "2026-01-30", "close": 15.49, "volume": 377351772, "typical_volume": 552997675.2, "trend": 11.601555, "fair_value": 8.57729, "relative_strength": 33.434245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.960277, "energy": 82.641863, "activity_lines": [ 16.555333, 15.474909, 14.054585, 12.934559 ] }, { "date": "2026-02-06", "close": 15.4, "volume": 276516908, "typical_volume": 563160967.35, "trend": 11.809225, "fair_value": 8.626886, "relative_strength": 33.157142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.606125, "energy": 57.342629, "activity_lines": [ 16.243333, 15.64, 14.302218, 13.17962 ] }, { "date": "2026-02-13", "close": 15.15, "volume": 186312545, "typical_volume": 568612669.6, "trend": 12.007903, "fair_value": 8.674943, "relative_strength": 29.314823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.661761, "energy": 46.071085, "activity_lines": [ 15.72, 15.690364, 14.49453, 13.395154 ] }, { "date": "2026-02-27", "close": 16.379999, "volume": 231598937, "typical_volume": 578254112.0, "trend": 12.23571, "fair_value": 8.730511, "relative_strength": 35.712404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.247606, "energy": 38.110145, "activity_lines": [ 15.805333, 15.911454, 14.772903, 13.677225 ] }, { "date": "2026-03-06", "close": 16.559999, "volume": 601611224, "typical_volume": 595619976.5, "trend": 12.481387, "fair_value": 8.788227, "relative_strength": 37.010077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.429916, "energy": 37.311297, "activity_lines": [ 16.003999, 16.104, 15.032527, 13.956211 ] }, { "date": "2026-03-13", "close": 19.209999, "volume": 815527688, "typical_volume": 571623045.0, "trend": 12.809313, "fair_value": 8.861502, "relative_strength": 57.889378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.202879, "energy": 55.495433, "activity_lines": [ 17.141999, 16.708363, 15.516633, 14.390315 ] }, { "date": "2026-03-20", "close": 14.75, "volume": 727520546, "typical_volume": 552681985.2, "trend": 12.991902, "fair_value": 8.903641, "relative_strength": 24.581949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.473603, "energy": 39.548308, "activity_lines": [ 16.545333, 16.401454, 15.535743, 14.515521 ] }, { "date": "2026-03-27", "close": 14.29, "volume": 325273428, "typical_volume": 504816023.05, "trend": 13.153164, "fair_value": 8.944942, "relative_strength": 21.226626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.786702, "energy": 24.310995, "activity_lines": [ 15.838666, 15.987818, 15.50404, 14.599269 ] }, { "date": "2026-04-03", "close": 13.29, "volume": 257170022, "typical_volume": 473984047.2, "trend": 13.292749, "fair_value": 8.976853, "relative_strength": 13.169265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.702332, "energy": 11.421097, "activity_lines": [ 14.856, 15.462181, 15.372236, 14.608097 ] }, { "date": "2026-04-10", "close": 14.18, "volume": 179561696, "typical_volume": 445851819.8, "trend": 13.47066, "fair_value": 9.015897, "relative_strength": 16.898223, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.2806, "energy": 19.293054, "activity_lines": [ 14.376, 15.169091, 15.324524, 14.665339 ] }, { "date": "2026-04-17", "close": 14.27, "volume": 203099589, "typical_volume": 438671849.3, "trend": 13.649239, "fair_value": 9.056201, "relative_strength": 15.126841, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.924228, "energy": 21.396227, "activity_lines": [ 14.084667, 14.950909, 15.277238, 14.716909 ] }, { "date": "2026-04-24", "close": 13.74, "volume": 173868937, "typical_volume": 434980815.9, "trend": 13.814482, "fair_value": 9.09199, "relative_strength": 9.566719, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.482825, "energy": 25.383905, "activity_lines": [ 13.946, 14.658545, 15.164857, 14.722765 ] }, { "date": "2026-05-01", "close": 13.280869, "volume": 166009407, "typical_volume": 426919573.0, "trend": 13.969749, "fair_value": 9.122848, "relative_strength": 4.711186, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.936113, "energy": 41.979502, "activity_lines": [ 13.721623, 14.312885, 14.998511, 14.688338 ] }, { "date": "2026-05-08", "close": 13.539717, "volume": 144094467, "typical_volume": 414863855.85, "trend": 14.126318, "fair_value": 9.156421, "relative_strength": 4.584447, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.198159, "energy": 40.170952, "activity_lines": [ 13.650804, 14.048273, 14.851861, 14.660594 ] }, { "date": "2026-05-15", "close": 12.93242, "volume": 223500347, "typical_volume": 400964595.05, "trend": 14.200694, "fair_value": 9.185108, "relative_strength": 0.663748, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.721629, "energy": 39.091178, "activity_lines": [ 13.360905, 13.724884, 14.644851, 14.583569 ] }, { "date": "2026-05-22", "close": 12.325125, "volume": 154148405, "typical_volume": 385968165.85, "trend": 14.252829, "fair_value": 9.206984, "relative_strength": -3.762978, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.400995, "energy": 48.690972, "activity_lines": [ 12.951746, 13.357034, 14.378943, 14.462564 ] }, { "date": "2026-05-29", "close": 11.976675, "volume": 249105682, "typical_volume": 385707267.9, "trend": 14.209418, "fair_value": 9.227805, "relative_strength": -5.668637, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.21619, "energy": 54.863008, "activity_lines": [ 12.556096, 13.051009, 14.08635, 14.315715 ] }, { "date": "2026-06-05", "close": 11.050798, "volume": 30189838, "typical_volume": 348806144.25, "trend": 14.135479, "fair_value": 9.244306, "relative_strength": -12.111445, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.240959, "energy": 78.689939, "activity_lines": [ 11.969375, 12.627066, 13.712736, 14.111933 ] }, { "date": "2026-06-12", "close": 10.672482, "volume": 28328763, "typical_volume": 297369051.65, "trend": 14.052925, "fair_value": 9.260618, "relative_strength": -15.20736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.171825, "energy": 87.583756, "activity_lines": [ 11.40522, 12.193234, 13.336803, 13.888514 ] }, { "date": "2026-06-19", "close": 10.971153, "volume": 217616269, "typical_volume": 278420323.5, "trend": 14.002974, "fair_value": 9.278533, "relative_strength": -14.118329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.843815, "energy": 88.713245, "activity_lines": [ 11.131771, 11.861296, 13.020303, 13.68969 ] }, { "date": "2026-06-26", "close": 10.045275, "volume": 47494740, "typical_volume": 261927471.9, "trend": 13.964484, "fair_value": 9.290265, "relative_strength": -20.072639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.678531, "energy": 92.944784, "activity_lines": [ 10.680447, 11.41936, 12.646238, 13.434355 ] }, { "date": "2026-07-03", "close": 10.83, "volume": 29146627, "typical_volume": 249558957.85, "trend": 13.93915, "fair_value": 9.306903, "relative_strength": -14.207026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.585122, "energy": 86.543716, "activity_lines": [ 10.642688, 11.196915, 12.372835, 13.23213 ] }, { "date": "2026-07-10", "close": 10.32, "volume": 157332703, "typical_volume": 248109965.75, "trend": 13.87515, "fair_value": 9.32139, "relative_strength": -17.26345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.958585, "energy": 84.888565, "activity_lines": [ 10.511374, 10.934651, 12.072623, 12.998637 ] }, { "date": "2026-07-17", "close": 9.7, "volume": 114142922, "typical_volume": 242237165.0, "trend": 13.764817, "fair_value": 9.331095, "relative_strength": -17.422855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.860592, "energy": 74.709472, "activity_lines": [ 10.222114, 10.613493, 11.736364, 12.729272 ] }, { "date": "2026-07-24", "close": 10.01, "volume": 160132180, "typical_volume": 220163212.8, "trend": 13.674817, "fair_value": 9.342601, "relative_strength": -15.914487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.813053, "energy": 64.97107, "activity_lines": [ 10.101018, 10.418513, 11.461438, 12.487026 ] }, { "date": "2026-07-31", "close": 10.55, "volume": 153134776, "typical_volume": 187043567.2, "trend": 13.57015, "fair_value": 9.361232, "relative_strength": -11.848634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.539818, "energy": 62.613878, "activity_lines": [ 10.224, 10.374849, 11.26913, 12.285425 ] }, { "date": "2026-08-07", "close": 11.69, "volume": 594209026, "typical_volume": 180377991.2, "trend": 13.510484, "fair_value": 9.387544, "relative_strength": -5.220142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.163682, "energy": 43.294158, "activity_lines": [ 10.693333, 10.570733, 11.226633, 12.164125 ] } ], "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." } } }