{ "ticker": { "uuid": "e7c943d6-038f-41c6-b000-817e3db306a9", "symbol": "601198", "name": "Dongxing Securities 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.028, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 32.042, "architecture_energy": 33.475, "architecture_maturity": 6.747, "architecture_confidence": 64.395, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 40.75, "rotation_up": 58.27, "upward_expansion": 54.22, "deceleration": 28.17, "rotation_down": 20.99, "downward_expansion": 12.56 }, "activity_lines": [ 13.705742, 13.530648, 13.300296, 13.270664 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 13.8, "trend_reference": 13.341889, "distance_from_trend": 0.034336, "trend_direction": "Weakening", "fair_value": 10.513647, "distance_from_fair_value": 0.31258, "fair_value_direction": "Improving", "relative_strength": 7.149944, "relative_strength_direction": "Improving", "price_momentum": -0.007194, "excess_performance": 0.03601, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.034336, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000807, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.31258, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.002888, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.071499, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.089662, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.007194, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.884865, "read": "Demand-led" } ], "volume": { "latest": 105123185, "relative_activity": 1.149586, "balance": 1.884865, "dry_up": 1.432629, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.049509, "annualized_volatility": 0.191263, "from_high_reference": -0.0625, "from_low_reference": 0.269256 }, "levels": { "trend_reference": 13.341889, "fair_value_reference": 10.513647, "structural_low": 12.18, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.006762, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.006435, "regime_survival": 0.333333, "best_return": 0.059792, "worst_return": -0.036394, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.044517, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.006295, "regime_survival": 0.0, "best_return": 0.085725, "worst_return": 0.003308, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.015711, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003525, "regime_survival": 0.0, "best_return": 0.229105, "worst_return": -0.197684, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.055647, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017348, "regime_survival": 0.0, "best_return": 0.227355, "worst_return": -0.338649, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.012392, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-01-03", "tenure": "Established", "return": 0.016155, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-21", "tenure": "Developing", "return": 0.13093, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-25", "tenure": "Developing", "return": -0.119831, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-07-11", "tenure": "Developing", "return": 0.145274, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.123398, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.076167, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.045684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-04-03", "tenure": "Established", "return": 0.044351, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": 0.043716, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": 0.004785, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.025296, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.005806, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.002169, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.6445, "volume": 141737265, "typical_volume": 84727062.25, "trend": 8.010377, "fair_value": 9.558281, "relative_strength": 6.913665, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 33.900602, "energy": 27.899145, "activity_lines": [ 8.138872, 7.992855, 7.993443, 8.015455 ] }, { "date": "2023-08-04", "close": 9.174541, "volume": 353629530, "typical_volume": 99189117.4, "trend": 8.0682, "fair_value": 9.5411, "relative_strength": 12.736608, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 85.962414, "energy": 81.141335, "activity_lines": [ 8.526926, 8.219415, 8.10427, 8.090562 ] }, { "date": "2023-08-11", "close": 8.798694, "volume": 244735386, "typical_volume": 108332956.8, "trend": 8.108676, "fair_value": 9.52155, "relative_strength": 11.186432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.883656, "energy": 82.123321, "activity_lines": [ 8.693328, 8.354335, 8.17407, 8.137691 ] }, { "date": "2023-08-18", "close": 8.556438, "volume": 199494380, "typical_volume": 114723994.55, "trend": 8.133688, "fair_value": 9.49538, "relative_strength": 9.831765, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.618258, "energy": 79.246163, "activity_lines": [ 8.714087, 8.429438, 8.217954, 8.166579 ] }, { "date": "2023-08-25", "close": 8.294804, "volume": 140874796, "typical_volume": 116645141.85, "trend": 8.135845, "fair_value": 9.468357, "relative_strength": 8.64812, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.338233, "energy": 71.087167, "activity_lines": [ 8.605962, 8.443854, 8.234723, 8.176973 ] }, { "date": "2023-09-01", "close": 8.042859, "volume": 313105400, "typical_volume": 127734526.05, "trend": 8.130246, "fair_value": 9.441134, "relative_strength": 2.966056, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.171248, "energy": 20.596246, "activity_lines": [ 8.388984, 8.404627, 8.226409, 8.170974 ] }, { "date": "2023-09-08", "close": 8.023479, "volume": 101961849, "typical_volume": 123511534.4, "trend": 8.124643, "fair_value": 9.412549, "relative_strength": 3.209432, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.381636, "energy": 18.108065, "activity_lines": [ 8.205654, 8.35582, 8.216177, 8.164086 ] }, { "date": "2023-09-15", "close": 8.004098, "volume": 103646598, "typical_volume": 121704778.4, "trend": 8.123213, "fair_value": 9.384253, "relative_strength": 2.814098, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.087567, "energy": 18.379683, "activity_lines": [ 8.092602, 8.298133, 8.202422, 8.156309 ] }, { "date": "2023-09-22", "close": 8.12038, "volume": 82206711, "typical_volume": 121850116.85, "trend": 8.116665, "fair_value": 9.358175, "relative_strength": 3.704137, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.662066, "energy": 17.204698, "activity_lines": [ 8.071283, 8.258339, 8.199854, 8.156126 ] }, { "date": "2023-09-29", "close": 7.878126, "volume": 64917099, "typical_volume": 114630387.0, "trend": 8.102683, "fair_value": 9.335611, "relative_strength": 1.208564, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.9792, "energy": 22.878437, "activity_lines": [ 7.998284, 8.171062, 8.175011, 8.140736 ] }, { "date": "2023-10-13", "close": 7.761844, "volume": 67681252, "typical_volume": 113424066.3, "trend": 8.095748, "fair_value": 9.309709, "relative_strength": 0.472182, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.623358, "energy": 29.495766, "activity_lines": [ 7.914303, 8.063435, 8.141184, 8.118747 ] }, { "date": "2023-10-20", "close": 7.761844, "volume": 71216975, "typical_volume": 113466602.15, "trend": 8.085279, "fair_value": 9.28092, "relative_strength": 3.815312, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.866588, "energy": 31.768547, "activity_lines": [ 7.849055, 7.971856, 8.109265, 8.097205 ] }, { "date": "2023-10-27", "close": 7.771534, "volume": 98300710, "typical_volume": 115509862.4, "trend": 8.070957, "fair_value": 9.25514, "relative_strength": 2.63055, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.8006, "energy": 34.097026, "activity_lines": [ 7.804481, 7.907725, 8.078892, 8.076963 ] }, { "date": "2023-11-03", "close": 7.790914, "volume": 131270786, "typical_volume": 119634323.45, "trend": 8.060815, "fair_value": 9.227951, "relative_strength": 2.358623, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.227704, "energy": 48.797535, "activity_lines": [ 7.78187, 7.865793, 8.051126, 8.058896 ] }, { "date": "2023-11-10", "close": 8.265733, "volume": 298125138, "typical_volume": 131675698.55, "trend": 8.067464, "fair_value": 9.202687, "relative_strength": 8.105227, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.813033, "energy": 7.916266, "activity_lines": [ 7.939497, 7.92411, 8.068791, 8.072116 ] }, { "date": "2023-11-17", "close": 8.546748, "volume": 308619110, "typical_volume": 145466338.0, "trend": 8.084764, "fair_value": 9.18111, "relative_strength": 10.991634, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.048931, "energy": 19.520841, "activity_lines": [ 8.164955, 8.03405, 8.111306, 8.103038 ] }, { "date": "2023-11-24", "close": 8.507988, "volume": 170577359, "typical_volume": 150791598.8, "trend": 8.112659, "fair_value": 9.163762, "relative_strength": 10.768611, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.810695, "energy": 35.03229, "activity_lines": [ 8.325166, 8.12778, 8.146143, 8.130343 ] }, { "date": "2023-12-01", "close": 8.362635, "volume": 118621598, "typical_volume": 154567712.2, "trend": 8.123823, "fair_value": 9.14289, "relative_strength": 9.055109, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.463255, "energy": 40.756542, "activity_lines": [ 8.387183, 8.186274, 8.163428, 8.14647 ] }, { "date": "2023-12-08", "close": 8.420776, "volume": 141612585, "typical_volume": 159281044.45, "trend": 8.128251, "fair_value": 9.122803, "relative_strength": 11.856119, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.459734, "energy": 58.801797, "activity_lines": [ 8.429174, 8.248819, 8.183691, 8.165628 ] }, { "date": "2023-12-15", "close": 8.430466, "volume": 131816009, "typical_volume": 164207526.8, "trend": 8.132039, "fair_value": 9.100127, "relative_strength": 12.698462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.571501, "energy": 52.927537, "activity_lines": [ 8.432404, 8.307665, 8.202547, 8.185126 ] }, { "date": "2023-12-22", "close": 8.023479, "volume": 106177740, "typical_volume": 162429550.55, "trend": 8.1274, "fair_value": 9.073546, "relative_strength": 8.06397, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.551477, "energy": 18.68456, "activity_lines": [ 8.28899, 8.282471, 8.180219, 8.178122 ] }, { "date": "2023-12-29", "close": 7.975027, "volume": 75017968, "typical_volume": 148498972.45, "trend": 8.130141, "fair_value": 9.046536, "relative_strength": 5.050621, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.350266, "energy": 7.157499, "activity_lines": [ 8.164309, 8.24371, 8.156234, 8.168292 ] }, { "date": "2024-01-05", "close": 7.810295, "volume": 47113545, "typical_volume": 138617880.4, "trend": 8.126105, "fair_value": 9.024539, "relative_strength": 4.316805, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.301273, "energy": 22.080201, "activity_lines": [ 8.020249, 8.171122, 8.122272, 8.147656 ] }, { "date": "2024-01-12", "close": 7.57773, "volume": 66682254, "typical_volume": 131977274.1, "trend": 8.11753, "fair_value": 8.998459, "relative_strength": 2.697486, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.270818, "energy": 47.742523, "activity_lines": [ 7.835489, 8.055544, 8.070868, 8.112277 ] }, { "date": "2024-01-19", "close": 7.374236, "volume": 87063579, "typical_volume": 129286713.25, "trend": 8.101208, "fair_value": 8.971546, "relative_strength": 1.539422, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.701339, "energy": 73.007847, "activity_lines": [ 7.639101, 7.906844, 8.004744, 8.064323 ] }, { "date": "2024-01-26", "close": 7.839364, "volume": 157969343, "typical_volume": 121529910.4, "trend": 8.105531, "fair_value": 8.943313, "relative_strength": 4.85576, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.080017, "energy": 61.464238, "activity_lines": [ 7.668171, 7.858921, 7.987302, 8.04743 ] }, { "date": "2024-02-02", "close": 7.345164, "volume": 264357766, "typical_volume": 129649706.25, "trend": 8.092737, "fair_value": 8.912383, "relative_strength": 4.592745, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.501611, "energy": 62.841472, "activity_lines": [ 7.544783, 7.734006, 7.923762, 7.998374 ] }, { "date": "2024-02-09", "close": 7.887815, "volume": 211653687, "typical_volume": 135050060.7, "trend": 8.094819, "fair_value": 8.890706, "relative_strength": 6.810922, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.97824, "energy": 34.662576, "activity_lines": [ 7.644268, 7.728896, 7.915133, 7.985153 ] }, { "date": "2024-02-23", "close": 8.004098, "volume": 187935155, "typical_volume": 140336482.9, "trend": 8.097244, "fair_value": 8.873605, "relative_strength": 3.255905, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.831082, "energy": 19.135228, "activity_lines": [ 7.777347, 7.753562, 7.918132, 7.9793 ] }, { "date": "2024-03-01", "close": 8.265733, "volume": 210890616, "typical_volume": 147635158.75, "trend": 8.108711, "fair_value": 8.860715, "relative_strength": 5.666348, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.076625, "energy": 10.80069, "activity_lines": [ 7.969213, 7.833374, 7.946603, 7.99017 ] }, { "date": "2024-03-08", "close": 7.945958, "volume": 122142028, "typical_volume": 150358197.55, "trend": 8.085427, "fair_value": 8.851195, "relative_strength": 0.897533, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.063252, "energy": 18.192975, "activity_lines": [ 7.995054, 7.85804, 7.942773, 7.97967 ] }, { "date": "2024-03-15", "close": 7.984717, "volume": 112219845, "typical_volume": 152408341.05, "trend": 8.045766, "fair_value": 8.841041, "relative_strength": 1.012766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.950668, "energy": 17.546056, "activity_lines": [ 8.026708, 7.891163, 7.941758, 7.973173 ] }, { "date": "2024-03-22", "close": 7.955647, "volume": 121536028, "typical_volume": 153570106.95, "trend": 8.017664, "fair_value": 8.823334, "relative_strength": 0.756164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.298194, "energy": 14.491211, "activity_lines": [ 8.006036, 7.918824, 7.936913, 7.967359 ] }, { "date": "2024-03-29", "close": 7.742462, "volume": 81234393, "typical_volume": 151068287.3, "trend": 7.990532, "fair_value": 8.805381, "relative_strength": -1.76714, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.336152, "energy": 13.705472, "activity_lines": [ 7.90978, 7.905082, 7.910887, 7.949604 ] }, { "date": "2024-04-05", "close": 7.800604, "volume": 46732080, "typical_volume": 138498634.4, "trend": 7.974058, "fair_value": 8.783145, "relative_strength": -1.958418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.489555, "energy": 16.15458, "activity_lines": [ 7.850347, 7.898915, 7.89063, 7.93735 ] }, { "date": "2024-04-12", "close": 7.509898, "volume": 104784436, "typical_volume": 128306900.7, "trend": 7.956293, "fair_value": 8.764113, "relative_strength": -4.0645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.264663, "energy": 33.902049, "activity_lines": [ 7.72502, 7.832141, 7.844902, 7.907404 ] }, { "date": "2024-04-19", "close": 7.781223, "volume": 123857710, "typical_volume": 125970918.25, "trend": 7.948218, "fair_value": 8.75012, "relative_strength": -2.166339, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.656512, "energy": 33.361617, "activity_lines": [ 7.719206, 7.820689, 7.829951, 7.89611 ] }, { "date": "2024-04-26", "close": 8.168831, "volume": 117390280, "typical_volume": 125909352.35, "trend": 7.953709, "fair_value": 8.736255, "relative_strength": 1.748823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.642269, "energy": 11.183993, "activity_lines": [ 7.856161, 7.871783, 7.855376, 7.910343 ] }, { "date": "2024-05-03", "close": 8.546748, "volume": 263699367, "typical_volume": 132013691.45, "trend": 7.967921, "fair_value": 8.725755, "relative_strength": 5.565908, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.276608, "energy": 23.385272, "activity_lines": [ 8.104876, 7.986479, 7.917717, 7.948603 ] }, { "date": "2024-05-10", "close": 8.60489, "volume": 209772641, "typical_volume": 135911523.05, "trend": 7.992147, "fair_value": 8.715569, "relative_strength": 4.368523, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.485715, "energy": 44.265971, "activity_lines": [ 8.319352, 8.101881, 7.984994, 7.989698 ] }, { "date": "2024-05-17", "close": 8.478917, "volume": 173690871, "typical_volume": 139287179.6, "trend": 8.016049, "fair_value": 8.705283, "relative_strength": 2.704359, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.883657, "energy": 68.513123, "activity_lines": [ 8.438218, 8.188211, 8.039444, 8.021103 ] }, { "date": "2024-05-24", "close": 8.14945, "volume": 107798875, "typical_volume": 140926224.95, "trend": 8.028969, "fair_value": 8.69365, "relative_strength": 0.724135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.939138, "energy": 64.335063, "activity_lines": [ 8.382661, 8.204949, 8.060347, 8.029709 ] }, { "date": "2024-05-31", "close": 8.110691, "volume": 87247447, "typical_volume": 142932920.05, "trend": 8.040275, "fair_value": 8.684893, "relative_strength": 0.20775, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 27.939551, "energy": 38.858697, "activity_lines": [ 8.289636, 8.211644, 8.076728, 8.034981 ] }, { "date": "2024-06-07", "close": 7.955647, "volume": 98069313, "typical_volume": 144502273.0, "trend": 8.045766, "fair_value": 8.674846, "relative_strength": -0.672724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 3.631467, "energy": 5.740112, "activity_lines": [ 8.148805, 8.187331, 8.076913, 8.029522 ] }, { "date": "2024-06-14", "close": 8.081619, "volume": 87342331, "typical_volume": 144516210.6, "trend": 8.039629, "fair_value": 8.66272, "relative_strength": 1.364921, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.077545, "energy": 9.773668, "activity_lines": [ 8.089372, 8.182045, 8.087295, 8.031835 ] }, { "date": "2024-06-21", "close": 8.130071, "volume": 107652270, "typical_volume": 142000356.95, "trend": 8.025739, "fair_value": 8.652024, "relative_strength": 2.929742, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.290717, "energy": 18.167517, "activity_lines": [ 8.080974, 8.180459, 8.098923, 8.03767 ] }, { "date": "2024-06-28", "close": 7.713393, "volume": 113781411, "typical_volume": 134471539.2, "trend": 7.999253, "fair_value": 8.634179, "relative_strength": -1.475752, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.61491, "energy": 16.2201, "activity_lines": [ 7.956939, 8.091838, 8.069484, 8.017518 ] }, { "date": "2024-07-05", "close": 7.509898, "volume": 70126066, "typical_volume": 127395158.15, "trend": 7.970828, "fair_value": 8.616443, "relative_strength": -3.601743, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.347134, "energy": 33.738023, "activity_lines": [ 7.794144, 7.967452, 8.01891, 7.985947 ] }, { "date": "2024-07-12", "close": 7.771534, "volume": 155544813, "typical_volume": 125775641.05, "trend": 7.949187, "fair_value": 8.602153, "relative_strength": -1.105846, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.56261, "energy": 31.990042, "activity_lines": [ 7.758613, 7.902615, 7.995054, 7.973089 ] }, { "date": "2024-07-19", "close": 7.858745, "volume": 112430799, "typical_volume": 120852650.2, "trend": 7.930129, "fair_value": 8.588539, "relative_strength": -0.50077, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.245575, "energy": 32.624025, "activity_lines": [ 7.764427, 7.867731, 7.980611, 7.967254 ] }, { "date": "2024-07-26", "close": 7.936267, "volume": 145749385, "typical_volume": 122033018.05, "trend": 7.927222, "fair_value": 8.57442, "relative_strength": 3.436001, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.42691, "energy": 22.186617, "activity_lines": [ 7.81094, 7.860507, 7.975489, 7.96765 ] }, { "date": "2024-08-02", "close": 8.372326, "volume": 210556301, "typical_volume": 126949840.85, "trend": 7.940466, "fair_value": 8.566102, "relative_strength": 8.278038, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.676027, "energy": 21.680867, "activity_lines": [ 8.015727, 7.942433, 8.011943, 7.996367 ] }, { "date": "2024-08-09", "close": 8.140429, "volume": 118494423, "typical_volume": 126797760.6, "trend": 7.95147, "fair_value": 8.555233, "relative_strength": 6.70757, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.486321, "energy": 24.884741, "activity_lines": [ 8.099285, 7.978144, 8.024465, 8.009268 ] }, { "date": "2024-08-16", "close": 8.199276, "volume": 108874153, "typical_volume": 128179748.6, "trend": 7.972188, "fair_value": 8.543244, "relative_strength": 6.791457, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.329682, "energy": 30.511427, "activity_lines": [ 8.160424, 8.024014, 8.041712, 8.025255 ] }, { "date": "2024-08-23", "close": 8.00312, "volume": 80634055, "typical_volume": 129874847.35, "trend": 7.993151, "fair_value": 8.52886, "relative_strength": 5.117764, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 35.944649, "energy": 26.709732, "activity_lines": [ 8.127661, 8.029789, 8.038102, 8.027251 ] }, { "date": "2024-08-30", "close": 8.022737, "volume": 115089673, "typical_volume": 130390109.2, "trend": 7.999264, "fair_value": 8.518614, "relative_strength": 5.756855, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.696009, "energy": 20.211146, "activity_lines": [ 8.091812, 8.040559, 8.035396, 8.029159 ] }, { "date": "2024-09-06", "close": 7.954082, "volume": 128502216, "typical_volume": 130622334.5, "trend": 8.019561, "fair_value": 8.507867, "relative_strength": 7.617593, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.147454, "energy": 5.477431, "activity_lines": [ 8.027313, 8.040797, 8.02371, 8.026244 ] }, { "date": "2024-09-13", "close": 7.914851, "volume": 105106314, "typical_volume": 130008136.2, "trend": 8.020462, "fair_value": 8.495313, "relative_strength": 9.247829, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.958089, "energy": 11.593683, "activity_lines": [ 7.977621, 8.029526, 8.007464, 8.019489 ] }, { "date": "2024-09-20", "close": 8.012929, "volume": 61329397, "typical_volume": 119889637.7, "trend": 8.020756, "fair_value": 8.478656, "relative_strength": 9.002561, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.152661, "energy": 10.185037, "activity_lines": [ 7.975659, 8.028724, 8.001768, 8.019003 ] }, { "date": "2024-09-27", "close": 9.758707, "volume": 359976490, "typical_volume": 127399830.15, "trend": 8.070522, "fair_value": 8.475466, "relative_strength": 17.173848, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.540911, "energy": 66.346007, "activity_lines": [ 8.568047, 8.340948, 8.164879, 8.131129 ] }, { "date": "2024-10-04", "close": 10.739481, "volume": 144876981, "typical_volume": 125959135.65, "trend": 8.16364, "fair_value": 8.472456, "relative_strength": 18.797353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.622504, "energy": 90.489658, "activity_lines": [ 9.37032, 8.79695, 8.415902, 8.30332 ] }, { "date": "2024-10-11", "close": 9.954862, "volume": 631056963, "typical_volume": 152122040.05, "trend": 8.229311, "fair_value": 8.463876, "relative_strength": 13.729477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.813216, "energy": 85.352322, "activity_lines": [ 9.729938, 9.059326, 8.581436, 8.418882 ] }, { "date": "2024-10-18", "close": 10.30079, "volume": 583841262, "typical_volume": 176951730.8, "trend": 8.307483, "fair_value": 8.460928, "relative_strength": 15.573473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.586361, "energy": 88.272207, "activity_lines": [ 10.071479, 9.355824, 8.771317, 8.552526 ] }, { "date": "2024-10-25", "close": 10.202218, "volume": 309859372, "typical_volume": 187541233.75, "trend": 8.389474, "fair_value": 8.458006, "relative_strength": 12.755798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.188007, "energy": 85.830703, "activity_lines": [ 10.2211, 9.595122, 8.941382, 8.674767 ] }, { "date": "2024-11-01", "close": 11.207654, "volume": 556711566, "typical_volume": 211009695.5, "trend": 8.503043, "fair_value": 8.462008, "relative_strength": 24.175777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.570772, "energy": 81.145472, "activity_lines": [ 10.559914, 9.980808, 9.196505, 8.856585 ] }, { "date": "2024-11-08", "close": 12.63695, "volume": 1413608877, "typical_volume": 276307525.85, "trend": 8.673945, "fair_value": 8.473257, "relative_strength": 31.69948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.703449, "energy": 85.3648, "activity_lines": [ 11.278564, 10.568102, 9.572865, 9.123289 ] }, { "date": "2024-11-15", "close": 11.50337, "volume": 527593176, "typical_volume": 296998114.1, "trend": 8.798016, "fair_value": 8.475861, "relative_strength": 23.633656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.859301, "energy": 63.405503, "activity_lines": [ 11.492856, 10.865397, 9.819804, 9.305833 ] }, { "date": "2024-11-22", "close": 10.921795, "volume": 350019886, "typical_volume": 310992805.1, "trend": 8.889782, "fair_value": 8.474199, "relative_strength": 19.218749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.619358, "energy": 59.549976, "activity_lines": [ 11.410055, 10.992417, 9.993307, 9.442851 ] }, { "date": "2024-11-29", "close": 11.217511, "volume": 284283338, "typical_volume": 317429731.35, "trend": 8.978807, "fair_value": 8.48048, "relative_strength": 19.793237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.967132, "energy": 54.773747, "activity_lines": [ 11.384427, 11.118533, 10.178726, 9.593027 ] }, { "date": "2024-12-06", "close": 11.483655, "volume": 259024111, "typical_volume": 324759396.95, "trend": 9.074766, "fair_value": 8.487569, "relative_strength": 19.337668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.388761, "energy": 47.784252, "activity_lines": [ 11.379826, 11.234773, 10.373083, 9.75463 ] }, { "date": "2024-12-13", "close": 11.513227, "volume": 423913058, "typical_volume": 338667580.6, "trend": 9.175909, "fair_value": 8.489698, "relative_strength": 19.620638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.867858, "energy": 42.166449, "activity_lines": [ 11.366683, 11.325027, 10.552995, 9.91195 ] }, { "date": "2024-12-20", "close": 11.276653, "volume": 160175778, "typical_volume": 336148554.45, "trend": 9.28015, "fair_value": 8.489412, "relative_strength": 17.605853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.663216, "energy": 35.672687, "activity_lines": [ 11.349597, 11.3582, 10.693344, 10.047482 ] }, { "date": "2024-12-27", "close": 11.572371, "volume": 239556498, "typical_volume": 342201658.2, "trend": 9.395539, "fair_value": 8.491681, "relative_strength": 19.02822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.680252, "energy": 40.788642, "activity_lines": [ 11.446198, 11.421107, 10.848025, 10.195367 ] }, { "date": "2025-01-03", "close": 9.916359, "volume": 221260479, "typical_volume": 347820974.5, "trend": 9.460896, "fair_value": 8.482495, "relative_strength": 7.69388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.909297, "energy": 20.871845, "activity_lines": [ 10.947423, 11.159801, 10.828649, 10.228968 ] }, { "date": "2025-01-10", "close": 10.389505, "volume": 353812529, "typical_volume": 361479898.2, "trend": 9.537826, "fair_value": 8.476463, "relative_strength": 13.892297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.807708, "energy": 19.159652, "activity_lines": [ 10.693107, 10.98972, 10.846157, 10.288878 ] }, { "date": "2025-01-17", "close": 10.764079, "volume": 301514145, "typical_volume": 370801121.8, "trend": 9.625626, "fair_value": 8.474748, "relative_strength": 14.80064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.501712, "energy": 18.531658, "activity_lines": [ 10.636592, 10.902618, 10.887976, 10.367992 ] }, { "date": "2025-01-24", "close": 10.882366, "volume": 234041644, "typical_volume": 376078093.2, "trend": 9.731258, "fair_value": 8.476246, "relative_strength": 15.108692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.190759, "energy": 15.861858, "activity_lines": [ 10.66945, 10.871075, 10.928005, 10.449072 ] }, { "date": "2025-01-31", "close": 10.468363, "volume": 51362610, "typical_volume": 373390908.0, "trend": 9.829874, "fair_value": 8.473713, "relative_strength": 10.413759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.283991, "energy": 11.306061, "activity_lines": [ 10.590592, 10.775549, 10.914662, 10.496627 ] }, { "date": "2025-02-07", "close": 11.040081, "volume": 153656698, "typical_volume": 378007273.05, "trend": 9.938825, "fair_value": 8.476761, "relative_strength": 14.083516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.79149, "energy": 13.074299, "activity_lines": [ 10.775908, 10.792217, 10.943609, 10.574705 ] }, { "date": "2025-02-14", "close": 11.010509, "volume": 205372169, "typical_volume": 370277057.0, "trend": 10.043884, "fair_value": 8.480757, "relative_strength": 11.919088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.103695, "energy": 19.515818, "activity_lines": [ 10.876451, 10.806734, 10.955324, 10.643845 ] }, { "date": "2025-02-21", "close": 11.749801, "volume": 554293366, "typical_volume": 390747876.25, "trend": 10.171002, "fair_value": 8.488474, "relative_strength": 17.662845, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.89793, "energy": 36.026189, "activity_lines": [ 11.182025, 10.96427, 11.031487, 10.753905 ] }, { "date": "2025-02-28", "close": 11.6808, "volume": 439450801, "typical_volume": 381167568.15, "trend": 10.281284, "fair_value": 8.5, "relative_strength": 18.416183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.09469, "energy": 50.256918, "activity_lines": [ 11.398884, 11.10496, 11.096267, 10.851311 ] }, { "date": "2025-03-07", "close": 11.582229, "volume": 317398398, "typical_volume": 367845424.95, "trend": 10.396011, "fair_value": 8.509098, "relative_strength": 15.00398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.956285, "energy": 50.509487, "activity_lines": [ 11.529656, 11.220379, 11.143441, 10.935243 ] }, { "date": "2025-03-14", "close": 12.410234, "volume": 397480350, "typical_volume": 372226473.85, "trend": 10.536376, "fair_value": 8.52518, "relative_strength": 20.741888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.26906, "energy": 67.848128, "activity_lines": [ 11.862173, 11.486165, 11.263371, 11.065193 ] }, { "date": "2025-03-21", "close": 11.749801, "volume": 291780779, "typical_volume": 358979934.5, "trend": 10.661266, "fair_value": 8.539124, "relative_strength": 15.524015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.585326, "energy": 54.516115, "activity_lines": [ 11.883202, 11.58653, 11.309887, 11.143478 ] }, { "date": "2025-03-28", "close": 11.572371, "volume": 155749721, "typical_volume": 296086976.7, "trend": 10.779587, "fair_value": 8.551812, "relative_strength": 13.583106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.483798, "energy": 39.891424, "activity_lines": [ 11.795801, 11.629901, 11.336924, 11.202259 ] }, { "date": "2025-04-04", "close": 11.394941, "volume": 109370029, "typical_volume": 275175819.35, "trend": 10.894282, "fair_value": 8.566356, "relative_strength": 11.54031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.352688, "energy": 33.340742, "activity_lines": [ 11.661086, 11.626317, 11.352133, 11.241959 ] }, { "date": "2025-04-11", "close": 10.212074, "volume": 286190353, "typical_volume": 271984342.7, "trend": 10.970856, "fair_value": 8.573736, "relative_strength": 2.734633, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.559858, "energy": 10.638756, "activity_lines": [ 11.151139, 11.398346, 11.255203, 11.197946 ] }, { "date": "2025-04-18", "close": 10.143075, "volume": 137591754, "typical_volume": 264649763.5, "trend": 11.041861, "fair_value": 8.581992, "relative_strength": 0.490836, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -21.206019, "energy": 28.1883, "activity_lines": [ 10.709536, 11.16249, 11.155082, 11.144541 ] }, { "date": "2025-04-25", "close": 10.281075, "volume": 124082261, "typical_volume": 257902671.0, "trend": 11.059273, "fair_value": 8.588796, "relative_strength": 0.99172, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -36.273228, "energy": 46.516766, "activity_lines": [ 10.465077, 10.968034, 11.07322, 11.095458 ] }, { "date": "2025-05-02", "close": 9.906502, "volume": 81748475, "typical_volume": 240794441.85, "trend": 11.031507, "fair_value": 8.594218, "relative_strength": -2.375161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.274489, "energy": 73.335487, "activity_lines": [ 10.193675, 10.718736, 10.961411, 11.021085 ] }, { "date": "2025-05-09", "close": 10.271218, "volume": 201163780, "typical_volume": 242843841.95, "trend": 11.042053, "fair_value": 8.603295, "relative_strength": -0.90096, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.309165, "energy": 69.392591, "activity_lines": [ 10.154903, 10.569265, 10.891988, 10.972035 ] }, { "date": "2025-05-16", "close": 10.350077, "volume": 197704608, "typical_volume": 240751247.45, "trend": 11.043695, "fair_value": 8.617787, "relative_strength": -1.131393, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.028538, "energy": 57.179157, "activity_lines": [ 10.217333, 10.45976, 10.834863, 10.927391 ] }, { "date": "2025-05-23", "close": 10.034645, "volume": 97645832, "typical_volume": 234570515.1, "trend": 11.03811, "fair_value": 8.632833, "relative_strength": -3.811393, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.800453, "energy": 51.217762, "activity_lines": [ 10.165418, 10.315307, 10.753518, 10.862291 ] }, { "date": "2025-05-30", "close": 10.074075, "volume": 75548917, "typical_volume": 220657334.5, "trend": 11.000324, "fair_value": 8.649987, "relative_strength": -3.635063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.731989, "energy": 42.361273, "activity_lines": [ 10.133875, 10.221216, 10.675364, 10.800095 ] }, { "date": "2025-06-06", "close": 10.241647, "volume": 89234458, "typical_volume": 210043350.15, "trend": 10.92048, "fair_value": 8.667556, "relative_strength": -3.376748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.982345, "energy": 38.24457, "activity_lines": [ 10.171989, 10.18806, 10.614672, 10.751148 ] }, { "date": "2025-06-13", "close": 10.665506, "volume": 380188766, "typical_volume": 217350706.25, "trend": 10.892551, "fair_value": 8.687663, "relative_strength": 0.566473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.461618, "energy": 28.879929, "activity_lines": [ 10.329047, 10.256164, 10.596835, 10.734698 ] }, { "date": "2025-06-20", "close": 10.359934, "volume": 143628268, "typical_volume": 221963989.15, "trend": 10.873823, "fair_value": 8.705572, "relative_strength": -2.040579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.453353, "energy": 23.09553, "activity_lines": [ 10.357962, 10.281972, 10.550929, 10.700336 ] }, { "date": "2025-06-27", "close": 11.010509, "volume": 286324857, "typical_volume": 228597397.1, "trend": 10.866923, "fair_value": 8.726873, "relative_strength": 1.771954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.988785, "energy": 16.012992, "activity_lines": [ 10.603078, 10.423378, 10.567498, 10.709154 ] }, { "date": "2025-07-04", "close": 10.911937, "volume": 146648273, "typical_volume": 225661202.3, "trend": 10.847865, "fair_value": 8.745087, "relative_strength": -0.896074, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.738884, "energy": 18.139991, "activity_lines": [ 10.750279, 10.53109, 10.574821, 10.712059 ] }, { "date": "2025-07-11", "close": 11.345655, "volume": 195212219, "typical_volume": 207707144.95, "trend": 10.84228, "fair_value": 8.763865, "relative_strength": 1.551885, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.969933, "energy": 31.101706, "activity_lines": [ 10.986195, 10.70619, 10.623919, 10.744174 ] }, { "date": "2025-07-18", "close": 11.089368, "volume": 140779765, "typical_volume": 192773593.15, "trend": 10.836037, "fair_value": 8.7813, "relative_strength": -1.722945, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.690513, "energy": 32.906828, "activity_lines": [ 11.063082, 10.808526, 10.650533, 10.760115 ] }, { "date": "2025-07-25", "close": 11.454084, "volume": 227501248, "typical_volume": 188278735.65, "trend": 10.832094, "fair_value": 8.802511, "relative_strength": -0.427294, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.390781, "energy": 52.193031, "activity_lines": [ 11.233283, 10.962299, 10.714699, 10.799989 ] }, { "date": "2025-08-01", "close": 10.980938, "volume": 194200699, "typical_volume": 178114753.1, "trend": 10.86758, "fair_value": 8.821766, "relative_strength": -3.75401, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.103345, "energy": 42.970943, "activity_lines": [ 11.172825, 11.009972, 10.734414, 10.809592 ] }, { "date": "2025-08-08", "close": 11.286511, "volume": 196639494, "typical_volume": 173357688.85, "trend": 10.89748, "fair_value": 8.844835, "relative_strength": -3.272839, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.433938, "energy": 30.51155, "activity_lines": [ 11.216197, 11.095998, 10.790036, 10.83662 ] }, { "date": "2025-08-15", "close": 11.752426, "volume": 272742480, "typical_volume": 179207326.8, "trend": 10.930425, "fair_value": 8.869156, "relative_strength": -1.155718, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.479706, "energy": 43.30942, "activity_lines": [ 11.389902, 11.244692, 10.892238, 10.891778 ] }, { "date": "2025-08-22", "close": 12.45777, "volume": 417350184, "typical_volume": 194606334.55, "trend": 10.982939, "fair_value": 8.898295, "relative_strength": 0.970825, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.866542, "energy": 71.213933, "activity_lines": [ 11.771603, 11.494162, 11.060758, 10.990316 ] }, { "date": "2025-08-29", "close": 12.129934, "volume": 352909008, "typical_volume": 197942267.3, "trend": 11.038324, "fair_value": 8.926135, "relative_strength": -2.692578, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.853843, "energy": 73.755304, "activity_lines": [ 11.952799, 11.651439, 11.192995, 11.064316 ] }, { "date": "2025-09-05", "close": 11.583541, "volume": 204090322, "typical_volume": 201267195.7, "trend": 11.05644, "fair_value": 8.948126, "relative_strength": -6.059733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.619644, "energy": 65.13833, "activity_lines": [ 11.906808, 11.677189, 11.264061, 11.099491 ] }, { "date": "2025-09-12", "close": 11.672951, "volume": 148443627, "typical_volume": 202485264.0, "trend": 11.078521, "fair_value": 8.970813, "relative_strength": -6.804439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.517534, "energy": 57.104737, "activity_lines": [ 11.850446, 11.708777, 11.336783, 11.139266 ] }, { "date": "2025-09-19", "close": 11.325245, "volume": 164159763, "typical_volume": 206605828.4, "trend": 11.064369, "fair_value": 8.991395, "relative_strength": -8.405013, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.375446, "energy": 28.501935, "activity_lines": [ 11.652419, 11.663309, 11.369763, 11.155184 ] }, { "date": "2025-09-26", "close": 11.206032, "volume": 112221137, "typical_volume": 202158696.25, "trend": 11.048543, "fair_value": 9.013684, "relative_strength": -9.433388, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.970554, "energy": 22.419654, "activity_lines": [ 11.443134, 11.596538, 11.384633, 11.164323 ] }, { "date": "2025-10-03", "close": 11.514, "volume": 81731793, "typical_volume": 196360055.5, "trend": 11.046269, "fair_value": 9.036279, "relative_strength": -8.116145, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.874488, "energy": 20.947755, "activity_lines": [ 11.419954, 11.583639, 11.424381, 11.194353 ] }, { "date": "2025-10-10", "close": 11.722623, "volume": 72230340, "typical_volume": 195089280.9, "trend": 11.023349, "fair_value": 9.063547, "relative_strength": -6.745797, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.609284, "energy": 21.377891, "activity_lines": [ 11.507377, 11.607582, 11.478456, 11.237988 ] }, { "date": "2025-10-17", "close": 12.04, "volume": 259621418, "typical_volume": 204292905.95, "trend": 11.033022, "fair_value": 9.09007, "relative_strength": -2.779308, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.07708, "energy": 30.982271, "activity_lines": [ 11.69132, 11.675745, 11.55472, 11.303579 ] }, { "date": "2025-10-24", "close": 11.95, "volume": 202306390, "typical_volume": 209946502.55, "trend": 11.04561, "fair_value": 9.120958, "relative_strength": -6.169247, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.023269, "energy": 36.622819, "activity_lines": [ 11.820793, 11.713845, 11.61305, 11.362739 ] }, { "date": "2025-10-31", "close": 12.67, "volume": 549600399, "typical_volume": 218417084.2, "trend": 11.088112, "fair_value": 9.154423, "relative_strength": -0.496968, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.82699, "energy": 61.719068, "activity_lines": [ 12.148616, 11.879261, 11.731817, 11.467538 ] }, { "date": "2025-11-07", "close": 12.58, "volume": 215368426, "typical_volume": 222004092.1, "trend": 11.167043, "fair_value": 9.187125, "relative_strength": -1.959992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.333483, "energy": 68.133564, "activity_lines": [ 12.348842, 12.024455, 11.832467, 11.563789 ] }, { "date": "2025-11-14", "close": 12.94, "volume": 307981580, "typical_volume": 223086928.25, "trend": 11.260273, "fair_value": 9.223742, "relative_strength": 1.151995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.29633, "energy": 74.550643, "activity_lines": [ 12.598, 12.226921, 11.956831, 11.678173 ] }, { "date": "2025-11-21", "close": 13.13, "volume": 202412549, "typical_volume": 225875142.05, "trend": 11.355238, "fair_value": 9.258055, "relative_strength": 6.749891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.661227, "energy": 78.16366, "activity_lines": [ 12.829333, 12.439269, 12.090103, 11.798801 ] }, { "date": "2025-11-28", "close": 13.13, "volume": 0, "typical_volume": 216114531.1, "trend": 11.462688, "fair_value": 9.291688, "relative_strength": 5.272851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.778264, "energy": 78.318281, "activity_lines": [ 12.988, 12.625125, 12.212812, 11.913301 ] }, { "date": "2025-12-05", "close": 13.13, "volume": 0, "typical_volume": 209075542.85, "trend": 11.55798, "fair_value": 9.324828, "relative_strength": 4.89532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.749505, "energy": 78.875997, "activity_lines": [ 13.068, 12.778168, 12.327024, 12.02087 ] }, { "date": "2025-12-12", "close": 13.13, "volume": 0, "typical_volume": 197700480.45, "trend": 11.650644, "fair_value": 9.358523, "relative_strength": 5.270047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.436164, "energy": 75.300756, "activity_lines": [ 13.117333, 12.89623, 12.431519, 12.122291 ] }, { "date": "2025-12-19", "close": 14.39, "volume": 227496124, "typical_volume": 199365251.7, "trend": 11.795823, "fair_value": 9.400234, "relative_strength": 15.097389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.248449, "energy": 86.788335, "activity_lines": [ 13.55, 13.214, 12.648033, 12.299023 ] }, { "date": "2025-12-26", "close": 14.4, "volume": 386213721, "typical_volume": 208843963.05, "trend": 11.94002, "fair_value": 9.44139, "relative_strength": 12.894374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.436302, "energy": 85.512817, "activity_lines": [ 13.889333, 13.485091, 12.849267, 12.467035 ] }, { "date": "2026-01-02", "close": 13.88, "volume": 119189107, "typical_volume": 201166294.4, "trend": 12.061299, "fair_value": 9.480758, "relative_strength": 8.410886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.624831, "energy": 74.581505, "activity_lines": [ 13.970667, 13.618727, 12.98615, 12.592195 ] }, { "date": "2026-01-09", "close": 13.89, "volume": 285156188, "typical_volume": 194556594.6, "trend": 12.168782, "fair_value": 9.521982, "relative_strength": 4.440505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.0434, "energy": 66.556835, "activity_lines": [ 14.005333, 13.719091, 13.113854, 12.710175 ] }, { "date": "2026-01-16", "close": 13.63, "volume": 272791738, "typical_volume": 190550731.1, "trend": 12.277784, "fair_value": 9.561662, "relative_strength": 2.946562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.680747, "energy": 54.694469, "activity_lines": [ 13.902667, 13.75, 13.209976, 12.804447 ] }, { "date": "2026-01-23", "close": 13.9, "volume": 115930574, "typical_volume": 186142743.7, "trend": 12.374101, "fair_value": 9.602147, "relative_strength": 4.107251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.550232, "energy": 47.548689, "activity_lines": [ 13.856667, 13.810909, 13.32467, 12.909107 ] }, { "date": "2026-01-30", "close": 13.9, "volume": 148787624, "typical_volume": 186159943.55, "trend": 12.473703, "fair_value": 9.64121, "relative_strength": 4.471284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.618274, "energy": 44.118629, "activity_lines": [ 13.843333, 13.854364, 13.428332, 13.007552 ] }, { "date": "2026-02-06", "close": 14.16, "volume": 173488489, "typical_volume": 186626379.85, "trend": 12.567514, "fair_value": 9.679222, "relative_strength": 7.705724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.414853, "energy": 49.384847, "activity_lines": [ 13.95, 13.931091, 13.546152, 13.116345 ] }, { "date": "2026-02-13", "close": 14.16, "volume": 160967935, "typical_volume": 189063719.75, "trend": 12.669868, "fair_value": 9.717358, "relative_strength": 7.156636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.906844, "energy": 52.781648, "activity_lines": [ 14.038, 13.989091, 13.650473, 13.219086 ] }, { "date": "2026-02-27", "close": 13.96, "volume": 89854434, "typical_volume": 189469851.8, "trend": 12.753399, "fair_value": 9.754335, "relative_strength": 3.668636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.022887, "energy": 51.572466, "activity_lines": [ 14.041333, 13.992, 13.721679, 13.30232 ] }, { "date": "2026-03-06", "close": 13.58, "volume": 136935242, "typical_volume": 192705096.9, "trend": 12.840034, "fair_value": 9.789803, "relative_strength": 1.928802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.070502, "energy": 36.086907, "activity_lines": [ 13.896, 13.910727, 13.745048, 13.35565 ] }, { "date": "2026-03-13", "close": 13.54, "volume": 81266018, "typical_volume": 183787326.9, "trend": 12.915151, "fair_value": 9.823285, "relative_strength": 2.420037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.872124, "energy": 23.250916, "activity_lines": [ 13.758667, 13.836909, 13.755762, 13.400809 ] }, { "date": "2026-03-20", "close": 13.14, "volume": 104089497, "typical_volume": 178876482.25, "trend": 12.961403, "fair_value": 9.854326, "relative_strength": 3.060013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 6.576353, "energy": 13.602964, "activity_lines": [ 13.512, 13.706, 13.721238, 13.415315 ] }, { "date": "2026-03-27", "close": 12.57, "volume": 124427526, "typical_volume": 157617838.6, "trend": 12.965144, "fair_value": 9.883814, "relative_strength": -0.15218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -18.218869, "energy": 30.789054, "activity_lines": [ 13.143333, 13.484909, 13.626762, 13.390063 ] }, { "date": "2026-04-03", "close": 12.48, "volume": 92103236, "typical_volume": 151454579.1, "trend": 12.976813, "fair_value": 9.912046, "relative_strength": 0.13375, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -40.318995, "energy": 57.428326, "activity_lines": [ 12.850667, 13.271455, 13.52419, 13.358764 ] }, { "date": "2026-04-10", "close": 12.81, "volume": 86848383, "typical_volume": 140397919.25, "trend": 13.017695, "fair_value": 9.941589, "relative_strength": 0.16265, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.364766, "energy": 58.258864, "activity_lines": [ 12.766667, 13.138909, 13.453524, 13.348001 ] }, { "date": "2026-04-17", "close": 12.96, "volume": 84042141, "typical_volume": 134479398.85, "trend": 13.060597, "fair_value": 9.972774, "relative_strength": -0.322336, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.147447, "energy": 57.959696, "activity_lines": [ 12.784, 13.053455, 13.397762, 13.344279 ] }, { "date": "2026-04-24", "close": 12.71, "volume": 68878414, "typical_volume": 137923319.55, "trend": 13.106755, "fair_value": 10.002541, "relative_strength": -2.938899, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.755217, "energy": 50.871795, "activity_lines": [ 12.756667, 12.939636, 13.319, 13.32166 ] }, { "date": "2026-05-01", "close": 13.2, "volume": 74470241, "typical_volume": 141646831.6, "trend": 13.173221, "fair_value": 10.035697, "relative_strength": -0.041563, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.244233, "energy": 24.458135, "activity_lines": [ 12.921333, 12.941273, 13.288905, 13.327676 ] }, { "date": "2026-05-08", "close": 13.19, "volume": 52141325, "typical_volume": 144253897.85, "trend": 13.229087, "fair_value": 10.071074, "relative_strength": -1.816274, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.552054, "energy": 12.801102, "activity_lines": [ 13.040667, 12.958545, 13.257524, 13.328758 ] }, { "date": "2026-05-15", "close": 12.72, "volume": 86020151, "typical_volume": 137180099.2, "trend": 13.262333, "fair_value": 10.101153, "relative_strength": -4.29595, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.332941, "energy": 18.335963, "activity_lines": [ 12.956, 12.904364, 13.181095, 13.295914 ] }, { "date": "2026-05-22", "close": 13.33, "volume": 210774087, "typical_volume": 128408117.5, "trend": 13.305333, "fair_value": 10.133474, "relative_strength": 0.741111, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -32.053611, "energy": 18.96192, "activity_lines": [ 13.080667, 12.976727, 13.170714, 13.30028 ] }, { "date": "2026-05-29", "close": 13.37, "volume": 116956490, "typical_volume": 128296486.65, "trend": 13.352667, "fair_value": 10.165866, "relative_strength": 1.968017, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -26.038182, "energy": 16.30985, "activity_lines": [ 13.194, 13.060182, 13.169238, 13.304452 ] }, { "date": "2026-06-05", "close": 12.54, "volume": 22392037, "typical_volume": 115158279.1, "trend": 13.348333, "fair_value": 10.193926, "relative_strength": -3.452409, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.800891, "energy": 28.473966, "activity_lines": [ 12.986667, 12.988545, 13.091143, 13.252022 ] }, { "date": "2026-06-12", "close": 12.6, "volume": 30161489, "typical_volume": 103026766.65, "trend": 13.349, "fair_value": 10.2241, "relative_strength": -3.139162, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.78702, "energy": 29.351431, "activity_lines": [ 12.843333, 12.928364, 13.02519, 13.203742 ] }, { "date": "2026-06-19", "close": 12.8, "volume": 77091346, "typical_volume": 101084805.25, "trend": 13.344333, "fair_value": 10.25531, "relative_strength": -3.003387, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.223558, "energy": 32.389995, "activity_lines": [ 12.806, 12.902364, 12.98319, 13.168323 ] }, { "date": "2026-06-26", "close": 13.123785, "volume": 32597274, "typical_volume": 95275287.75, "trend": 13.344126, "fair_value": 10.289212, "relative_strength": 0.905826, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.730811, "energy": 32.036225, "activity_lines": [ 12.871262, 12.935415, 12.977265, 13.154094 ] }, { "date": "2026-07-03", "close": 13.690065, "volume": 20189184, "typical_volume": 87610322.5, "trend": 13.362795, "fair_value": 10.326559, "relative_strength": 4.727405, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.965037, "energy": 3.645889, "activity_lines": [ 13.139031, 13.068449, 13.028968, 13.176412 ] }, { "date": "2026-07-10", "close": 13.690065, "volume": 125770707, "typical_volume": 85850461.1, "trend": 13.381464, "fair_value": 10.364895, "relative_strength": 5.793476, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.563679, "energy": 21.518482, "activity_lines": [ 13.385463, 13.183664, 13.082908, 13.197526 ] }, { "date": "2026-07-17", "close": 13.372153, "volume": 174768876, "typical_volume": 90096183.2, "trend": 13.389536, "fair_value": 10.401069, "relative_strength": 9.497711, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.814496, "energy": 20.499041, "activity_lines": [ 13.449253, 13.232166, 13.108809, 13.196926 ] }, { "date": "2026-07-24", "close": 13.610587, "volume": 123659637, "typical_volume": 89432402.95, "trend": 13.363555, "fair_value": 10.438154, "relative_strength": 9.707657, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.814734, "energy": 28.650153, "activity_lines": [ 13.541044, 13.320708, 13.160217, 13.211187 ] }, { "date": "2026-07-31", "close": 13.83, "volume": 120471514, "typical_volume": 91392677.75, "trend": 13.344555, "fair_value": 10.475966, "relative_strength": 10.674942, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.174894, "energy": 40.468019, "activity_lines": [ 13.651933, 13.43295, 13.232375, 13.24128 ] }, { "date": "2026-08-07", "close": 13.8, "volume": 105123185, "typical_volume": 91444362.15, "trend": 13.341889, "fair_value": 10.513647, "relative_strength": 7.149944, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.042112, "energy": 33.474778, "activity_lines": [ 13.705742, 13.530648, 13.300296, 13.270664 ] } ], "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." } } }