{ "ticker": { "uuid": "ec49d220-e62f-4c80-b151-b1d1569a7d27", "symbol": "603618", "name": "Hangzhou Cable Co., Ltd.", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.222, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -22.279, "architecture_energy": 40.47, "architecture_maturity": 43.166, "architecture_confidence": 40.539, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.13, "rotation_up": 16.68, "upward_expansion": 20.89, "deceleration": 67.17, "rotation_down": 66.73, "downward_expansion": 43.56 }, "activity_lines": [ 26.182666, 32.898727, 35.418666, 32.70514 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 27.65, "trend_reference": 27.564, "distance_from_trend": 0.00312, "trend_direction": "Improving", "fair_value": 10.138223, "distance_from_fair_value": 1.727303, "fair_value_direction": "Weakening", "relative_strength": 45.304894, "relative_strength_direction": "Weakening", "price_momentum": 2.058628, "excess_performance": 2.101832, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00312, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.538227, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.727303, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -2.294023, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.453049, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -1.61948, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 2.058628, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.822225, "read": "Supply-led" } ], "volume": { "latest": 461501975, "relative_activity": 1.403683, "balance": 0.822225, "dry_up": 1.099439, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.277674, "annualized_volatility": 1.21642, "from_high_reference": -0.514912, "from_low_reference": 3.234303 }, "levels": { "trend_reference": 27.564, "fair_value_reference": 10.138223, "structural_low": 9.94, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.017713, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.009976, "regime_survival": 0.545455, "best_return": 0.630202, "worst_return": -0.118681, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.097772, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.01911, "regime_survival": 0.0, "best_return": 0.594505, "worst_return": -0.172367, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.192194, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.106497, "regime_survival": 0.0, "best_return": 3.453846, "worst_return": -0.126699, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.205468, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.130014, "regime_survival": 0.5, "best_return": 0.685254, "worst_return": -0.274319, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-05-17", "tenure": "Established", "return": 0.180803, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.095331, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-10-11", "tenure": "Established", "return": 0.081264, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.136082, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.057836, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.259921, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": 0.009804, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": -0.043719, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.18838, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": 0.518018, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.043722, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-30", "tenure": "Developing", "return": -0.006593, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-07-17", "tenure": "Established", "return": 1.035011, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.122159, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.911487, "volume": 29239913, "typical_volume": 62549471.95, "trend": 5.71987, "fair_value": 5.96945, "relative_strength": -0.302371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.855653, "energy": 16.014193, "activity_lines": [ 5.984565, 6.058323, 5.961646, 5.862901 ] }, { "date": "2023-08-04", "close": 6.068082, "volume": 80214198, "typical_volume": 64587851.1, "trend": 5.751894, "fair_value": 5.972837, "relative_strength": 2.171459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.856231, "energy": 16.478088, "activity_lines": [ 5.987175, 6.044725, 5.983905, 5.885367 ] }, { "date": "2023-08-11", "close": 5.813615, "volume": 30740247, "typical_volume": 65051659.7, "trend": 5.76961, "fair_value": 5.974104, "relative_strength": 1.12038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.009947, "energy": 13.960508, "activity_lines": [ 5.921927, 5.993344, 5.979805, 5.889349 ] }, { "date": "2023-08-18", "close": 5.657019, "volume": 21202567, "typical_volume": 65196061.4, "trend": 5.783077, "fair_value": 5.973328, "relative_strength": 0.389177, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.834517, "energy": 8.734988, "activity_lines": [ 5.827317, 5.925189, 5.960202, 5.882085 ] }, { "date": "2023-08-25", "close": 5.500423, "volume": 23585710, "typical_volume": 65139741.55, "trend": 5.785499, "fair_value": 5.971365, "relative_strength": -0.011476, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.283158, "energy": 27.69144, "activity_lines": [ 5.707912, 5.836214, 5.925334, 5.863849 ] }, { "date": "2023-09-01", "close": 5.745104, "volume": 29644502, "typical_volume": 65751059.8, "trend": 5.79284, "fair_value": 5.969503, "relative_strength": 2.417415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.193815, "energy": 34.313768, "activity_lines": [ 5.692905, 5.801514, 5.913238, 5.861243 ] }, { "date": "2023-09-08", "close": 5.823402, "volume": 19817923, "typical_volume": 65852081.35, "trend": 5.797289, "fair_value": 5.96906, "relative_strength": 4.462324, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.926965, "energy": 35.156798, "activity_lines": [ 5.71509, 5.786032, 5.906625, 5.863214 ] }, { "date": "2023-09-15", "close": 5.764678, "volume": 16544477, "typical_volume": 65427407.45, "trend": 5.803987, "fair_value": 5.967324, "relative_strength": 3.582814, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.396651, "energy": 26.404678, "activity_lines": [ 5.734012, 5.768949, 5.891425, 5.861111 ] }, { "date": "2023-09-22", "close": 5.852764, "volume": 17936272, "typical_volume": 65585446.9, "trend": 5.810386, "fair_value": 5.967436, "relative_strength": 4.841411, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.807032, "energy": 4.001101, "activity_lines": [ 5.785558, 5.775, 5.883381, 5.864257 ] }, { "date": "2023-09-29", "close": 5.931061, "volume": 16530764, "typical_volume": 65452279.8, "trend": 5.818099, "fair_value": 5.970251, "relative_strength": 6.900927, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.75896, "energy": 10.419641, "activity_lines": [ 5.850154, 5.799201, 5.881324, 5.872043 ] }, { "date": "2023-10-13", "close": 6.019146, "volume": 29654453, "typical_volume": 65464157.95, "trend": 5.828749, "fair_value": 5.973752, "relative_strength": 9.152681, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.042774, "energy": 24.680341, "activity_lines": [ 5.915402, 5.837816, 5.885907, 5.885014 ] }, { "date": "2023-10-20", "close": 5.9017, "volume": 32384464, "typical_volume": 59212318.9, "trend": 5.838073, "fair_value": 5.978029, "relative_strength": 10.545902, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.950335, "energy": 19.486519, "activity_lines": [ 5.923232, 5.853119, 5.878431, 5.88972 ] }, { "date": "2023-10-27", "close": 5.891912, "volume": 37576104, "typical_volume": 46790908.45, "trend": 5.844806, "fair_value": 5.982364, "relative_strength": 8.964265, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 25.096004, "energy": 17.918733, "activity_lines": [ 5.922579, 5.869669, 5.873037, 5.893194 ] }, { "date": "2023-11-03", "close": 6.009359, "volume": 38711098, "typical_volume": 42127118.05, "trend": 5.859013, "fair_value": 5.986536, "relative_strength": 10.596304, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.274499, "energy": 24.240548, "activity_lines": [ 5.952593, 5.906148, 5.881519, 5.90381 ] }, { "date": "2023-11-10", "close": 6.058295, "volume": 32512858, "typical_volume": 39962387.65, "trend": 5.881325, "fair_value": 5.990655, "relative_strength": 10.988281, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.343599, "energy": 31.18019, "activity_lines": [ 5.98848, 5.945119, 5.894988, 5.916667 ] }, { "date": "2023-11-17", "close": 6.322551, "volume": 47048232, "typical_volume": 39144644.15, "trend": 5.914387, "fair_value": 5.997507, "relative_strength": 14.931636, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.624576, "energy": 57.031584, "activity_lines": [ 6.103969, 6.021994, 5.933531, 5.945133 ] }, { "date": "2023-11-24", "close": 6.126806, "volume": 51403263, "typical_volume": 36070086.5, "trend": 5.945456, "fair_value": 6.003043, "relative_strength": 11.629396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.790584, "energy": 54.066101, "activity_lines": [ 6.133983, 6.052779, 5.951987, 5.958838 ] }, { "date": "2023-12-01", "close": 6.14638, "volume": 28095028, "typical_volume": 32962728.75, "trend": 5.96682, "fair_value": 6.007605, "relative_strength": 12.099833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.561552, "energy": 57.674121, "activity_lines": [ 6.155515, 6.081607, 5.97324, 5.9718 ] }, { "date": "2023-12-08", "close": 6.038721, "volume": 28183829, "typical_volume": 32131235.05, "trend": 5.983301, "fair_value": 6.010803, "relative_strength": 12.152711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 27.937012, "energy": 39.147788, "activity_lines": [ 6.124196, 6.08392, 5.984285, 5.976439 ] }, { "date": "2023-12-15", "close": 6.214891, "volume": 26944700, "typical_volume": 31898530.1, "trend": 6.005007, "fair_value": 6.014337, "relative_strength": 16.091632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 32.363798, "energy": 25.61252, "activity_lines": [ 6.149643, 6.114883, 6.012249, 5.99138 ] }, { "date": "2023-12-22", "close": 5.940849, "volume": 29745376, "typical_volume": 31923803.25, "trend": 6.008516, "fair_value": 6.015197, "relative_strength": 11.672358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 3.430514, "energy": 6.780833, "activity_lines": [ 6.073303, 6.09086, 6.012342, 5.987241 ] }, { "date": "2023-12-29", "close": 6.263827, "volume": 34728920, "typical_volume": 29649539.35, "trend": 5.999487, "fair_value": 6.019045, "relative_strength": 14.854502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.319366, "energy": 26.991649, "activity_lines": [ 6.130068, 6.126984, 6.043055, 6.003713 ] }, { "date": "2024-01-05", "close": 6.14638, "volume": 39401343, "typical_volume": 30082594.15, "trend": 5.989132, "fair_value": 6.024217, "relative_strength": 13.912015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.609005, "energy": 25.357021, "activity_lines": [ 6.138551, 6.13517, 6.061651, 6.01319 ] }, { "date": "2024-01-12", "close": 6.263827, "volume": 37279398, "typical_volume": 30886435.7, "trend": 5.995331, "fair_value": 6.03002, "relative_strength": 17.352756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.146723, "energy": 29.004029, "activity_lines": [ 6.186182, 6.160082, 6.089847, 6.030912 ] }, { "date": "2024-01-19", "close": 6.019146, "volume": 47955682, "typical_volume": 32104934.3, "trend": 5.994678, "fair_value": 6.032177, "relative_strength": 14.210927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.501265, "energy": 24.122239, "activity_lines": [ 6.137245, 6.135881, 6.091851, 6.032449 ] }, { "date": "2024-01-26", "close": 5.578721, "volume": 62355123, "typical_volume": 33740465.35, "trend": 5.979997, "fair_value": 6.033405, "relative_strength": 2.729163, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.052026, "energy": 16.563813, "activity_lines": [ 5.95455, 6.032315, 6.04944, 6.005613 ] }, { "date": "2024-02-02", "close": 4.384679, "volume": 53632027, "typical_volume": 35431170.55, "trend": 5.915402, "fair_value": 6.025451, "relative_strength": -13.882933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.045788, "energy": 76.19031, "activity_lines": [ 5.397983, 5.725173, 5.894103, 5.902689 ] }, { "date": "2024-02-09", "close": 4.042126, "volume": 87773937, "typical_volume": 38992643.55, "trend": 5.844934, "fair_value": 6.011023, "relative_strength": -24.150302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.881208, "energy": 90.872657, "activity_lines": [ 4.852509, 5.387425, 5.712992, 5.781832 ] }, { "date": "2024-02-23", "close": 4.639147, "volume": 61924770, "typical_volume": 41192068.45, "trend": 5.797302, "fair_value": 5.999321, "relative_strength": -16.800493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.521822, "energy": 85.600789, "activity_lines": [ 4.646324, 5.196485, 5.596944, 5.70404 ] }, { "date": "2024-03-01", "close": 4.756594, "volume": 64771673, "typical_volume": 43604113.9, "trend": 5.76109, "fair_value": 5.988434, "relative_strength": -15.182423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.395839, "energy": 84.851414, "activity_lines": [ 4.587601, 5.052346, 5.49786, 5.636897 ] }, { "date": "2024-03-08", "close": 4.795743, "volume": 37624862, "typical_volume": 44002634.35, "trend": 5.723898, "fair_value": 5.983482, "relative_strength": -14.877932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.881962, "energy": 77.575662, "activity_lines": [ 4.626098, 4.941839, 5.408097, 5.574617 ] }, { "date": "2024-03-15", "close": 4.971913, "volume": 43617634, "typical_volume": 44564292.85, "trend": 5.687359, "fair_value": 5.979414, "relative_strength": -11.922315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.591972, "energy": 47.822572, "activity_lines": [ 4.775516, 4.884184, 5.340938, 5.526102 ] }, { "date": "2024-03-22", "close": 5.099147, "volume": 43434633, "typical_volume": 44857219.3, "trend": 5.663544, "fair_value": 5.974512, "relative_strength": -9.386301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.007488, "energy": 33.702342, "activity_lines": [ 4.928197, 4.873151, 5.290324, 5.488152 ] }, { "date": "2024-03-29", "close": 5.011062, "volume": 37728281, "typical_volume": 44808078.45, "trend": 5.642012, "fair_value": 5.970084, "relative_strength": -10.674421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.91277, "energy": 27.714301, "activity_lines": [ 4.981048, 4.865143, 5.235096, 5.446057 ] }, { "date": "2024-04-05", "close": 5.099147, "volume": 23850506, "typical_volume": 44374960.85, "trend": 5.628636, "fair_value": 5.963715, "relative_strength": -9.861134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.960094, "energy": 22.324586, "activity_lines": [ 5.038466, 4.895929, 5.193011, 5.411033 ] }, { "date": "2024-04-12", "close": 4.962126, "volume": 39640380, "typical_volume": 44004568.25, "trend": 5.602537, "fair_value": 5.955857, "relative_strength": -10.777752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.352478, "energy": 21.872685, "activity_lines": [ 5.027374, 4.918528, 5.142444, 5.368033 ] }, { "date": "2024-04-19", "close": 4.482552, "volume": 65444689, "typical_volume": 44706639.55, "trend": 5.557842, "fair_value": 5.94523, "relative_strength": -20.474324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.134766, "energy": 37.601175, "activity_lines": [ 4.845332, 4.865143, 5.052681, 5.295776 ] }, { "date": "2024-04-26", "close": 4.73702, "volume": 38184771, "typical_volume": 45211126.7, "trend": 5.523586, "fair_value": 5.937884, "relative_strength": -16.540624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.825629, "energy": 35.618068, "activity_lines": [ 4.780736, 4.856246, 4.994983, 5.242819 ] }, { "date": "2024-05-03", "close": 4.952338, "volume": 18525450, "typical_volume": 44728207.75, "trend": 5.493572, "fair_value": 5.933019, "relative_strength": -13.221492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.668057, "energy": 35.625101, "activity_lines": [ 4.812055, 4.873863, 4.964503, 5.205965 ] }, { "date": "2024-05-10", "close": 5.26553, "volume": 39198389, "typical_volume": 45340892.2, "trend": 5.471388, "fair_value": 5.930222, "relative_strength": -9.199743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.121848, "energy": 24.586324, "activity_lines": [ 4.951686, 4.942729, 4.969023, 5.191252 ] }, { "date": "2024-05-17", "close": 5.177444, "volume": 32802162, "typical_volume": 45493731.5, "trend": 5.443331, "fair_value": 5.927106, "relative_strength": -10.684186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.064668, "energy": 14.296007, "activity_lines": [ 5.050863, 4.986327, 4.969676, 5.172288 ] }, { "date": "2024-05-24", "close": 5.089359, "volume": 28557070, "typical_volume": 45185139.0, "trend": 5.416253, "fair_value": 5.923669, "relative_strength": -10.302474, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.252068, "energy": 17.852411, "activity_lines": [ 5.106324, 5.006969, 4.965574, 5.149451 ] }, { "date": "2024-05-31", "close": 5.039852, "volume": 37245052, "typical_volume": 45077324.45, "trend": 5.387851, "fair_value": 5.91857, "relative_strength": -10.981101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.645611, "energy": 17.147381, "activity_lines": [ 5.104828, 5.016474, 4.962351, 5.125167 ] }, { "date": "2024-06-07", "close": 4.48537, "volume": 52505340, "typical_volume": 45838621.55, "trend": 5.337051, "fair_value": 5.909856, "relative_strength": -19.375386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.478634, "energy": 28.736331, "activity_lines": [ 4.898317, 4.926243, 4.911589, 5.066943 ] }, { "date": "2024-06-14", "close": 4.604187, "volume": 28372168, "typical_volume": 44859445.85, "trend": 5.288581, "fair_value": 5.900619, "relative_strength": -16.306355, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.947439, "energy": 46.218082, "activity_lines": [ 4.762542, 4.867172, 4.880611, 5.019661 ] }, { "date": "2024-06-21", "close": 4.386354, "volume": 27926613, "typical_volume": 43138020.35, "trend": 5.224041, "fair_value": 5.891515, "relative_strength": -18.989834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.378071, "energy": 65.773432, "activity_lines": [ 4.598246, 4.777495, 4.835626, 4.961453 ] }, { "date": "2024-06-28", "close": 4.336847, "volume": 34650029, "typical_volume": 42188920.45, "trend": 5.164376, "fair_value": 5.881791, "relative_strength": -18.742892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.443964, "energy": 73.851157, "activity_lines": [ 4.470187, 4.689286, 4.791603, 4.904214 ] }, { "date": "2024-07-05", "close": 4.732906, "volume": 148152916, "typical_volume": 45207869.4, "trend": 5.11726, "fair_value": 5.872754, "relative_strength": -10.531238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.07636, "energy": 55.303736, "activity_lines": [ 4.524315, 4.675736, 4.785528, 4.876378 ] }, { "date": "2024-07-12", "close": 4.703202, "volume": 175284219, "typical_volume": 50875841.85, "trend": 5.072743, "fair_value": 5.862416, "relative_strength": -11.359652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.69953, "energy": 34.958904, "activity_lines": [ 4.589005, 4.65686, 4.773335, 4.849664 ] }, { "date": "2024-07-19", "close": 4.277439, "volume": 82979910, "typical_volume": 51786253.7, "trend": 5.008161, "fair_value": 5.847621, "relative_strength": -19.254202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.063582, "energy": 40.17553, "activity_lines": [ 4.497251, 4.565103, 4.720287, 4.798354 ] }, { "date": "2024-07-26", "close": 4.317044, "volume": 44603347, "typical_volume": 52135177.95, "trend": 4.954034, "fair_value": 5.834252, "relative_strength": -15.581598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.249979, "energy": 37.663943, "activity_lines": [ 4.440483, 4.498511, 4.673294, 4.753766 ] }, { "date": "2024-08-02", "close": 4.346748, "volume": 44123183, "typical_volume": 52160455.4, "trend": 4.890132, "fair_value": 5.82416, "relative_strength": -15.101682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.56807, "energy": 39.746891, "activity_lines": [ 4.398236, 4.452964, 4.631409, 4.714586 ] }, { "date": "2024-08-09", "close": 4.425961, "volume": 89082512, "typical_volume": 54442849.35, "trend": 4.832784, "fair_value": 5.814328, "relative_strength": -12.003573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.736828, "energy": 43.302281, "activity_lines": [ 4.381734, 4.435322, 4.600045, 4.68464 ] }, { "date": "2024-08-16", "close": 4.376453, "volume": 48377119, "typical_volume": 54975291.25, "trend": 4.769872, "fair_value": 5.804364, "relative_strength": -13.199466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.961108, "energy": 34.453669, "activity_lines": [ 4.369192, 4.41984, 4.567171, 4.655199 ] }, { "date": "2024-08-23", "close": 4.069508, "volume": 36369882, "typical_volume": 55601260.05, "trend": 4.704884, "fair_value": 5.792433, "relative_strength": -18.221886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.500926, "energy": 40.676931, "activity_lines": [ 4.276118, 4.350529, 4.508087, 4.610014 ] }, { "date": "2024-08-30", "close": 4.247734, "volume": 33196850, "typical_volume": 55279083.55, "trend": 4.660518, "fair_value": 5.784236, "relative_strength": -13.97959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.119418, "energy": 35.712483, "activity_lines": [ 4.256315, 4.323345, 4.470879, 4.580521 ] }, { "date": "2024-09-06", "close": 4.119015, "volume": 24115000, "typical_volume": 53212599.1, "trend": 4.651662, "fair_value": 5.775091, "relative_strength": -13.990711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.181968, "energy": 50.938198, "activity_lines": [ 4.198227, 4.275278, 4.424815, 4.545585 ] }, { "date": "2024-09-13", "close": 4.148719, "volume": 22024598, "typical_volume": 52404590.45, "trend": 4.655215, "fair_value": 5.763791, "relative_strength": -11.097695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.672965, "energy": 52.527059, "activity_lines": [ 4.165222, 4.236572, 4.38331, 4.513137 ] }, { "date": "2024-09-20", "close": 4.208128, "volume": 12583507, "typical_volume": 52107493.3, "trend": 4.640848, "fair_value": 5.752131, "relative_strength": -10.573163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.660861, "energy": 41.477397, "activity_lines": [ 4.170502, 4.21929, 4.350265, 4.484293 ] }, { "date": "2024-09-27", "close": 4.614089, "volume": 40609600, "typical_volume": 52178053.85, "trend": 4.636098, "fair_value": 5.742765, "relative_strength": -12.73807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.832127, "energy": 18.83301, "activity_lines": [ 4.322325, 4.28482, 4.359427, 4.482566 ] }, { "date": "2024-10-04", "close": 4.970542, "volume": 30504427, "typical_volume": 52063167.1, "trend": 4.641925, "fair_value": 5.734449, "relative_strength": -12.639799, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.845568, "energy": 16.979043, "activity_lines": [ 4.55666, 4.409038, 4.405639, 4.504144 ] }, { "date": "2024-10-11", "close": 4.742808, "volume": 82399765, "typical_volume": 54755301.85, "trend": 4.634288, "fair_value": 5.723377, "relative_strength": -13.141851, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.417929, "energy": 26.885344, "activity_lines": [ 4.666897, 4.479969, 4.431147, 4.510652 ] }, { "date": "2024-10-18", "close": 4.802217, "volume": 50275807, "typical_volume": 55406839.6, "trend": 4.62439, "fair_value": 5.70923, "relative_strength": -12.764233, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.244339, "energy": 35.002351, "activity_lines": [ 4.75535, 4.5545, 4.463963, 4.521486 ] }, { "date": "2024-10-25", "close": 5.485419, "volume": 186571823, "typical_volume": 62110163.75, "trend": 4.640202, "fair_value": 5.699648, "relative_strength": -1.14914, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.724164, "energy": 64.593183, "activity_lines": [ 5.027971, 4.746409, 4.562978, 4.577037 ] }, { "date": "2024-11-01", "close": 5.188374, "volume": 122458208, "typical_volume": 66814465.75, "trend": 4.643176, "fair_value": 5.684459, "relative_strength": -5.313896, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.476074, "energy": 62.174708, "activity_lines": [ 5.116424, 4.864146, 4.628941, 4.612402 ] }, { "date": "2024-11-08", "close": 5.455714, "volume": 80767270, "typical_volume": 69456498.6, "trend": 4.659629, "fair_value": 5.670551, "relative_strength": -5.196304, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.760999, "energy": 79.55166, "activity_lines": [ 5.255704, 5.010148, 4.717583, 4.664824 ] }, { "date": "2024-11-15", "close": 5.307192, "volume": 62474382, "typical_volume": 70847716.25, "trend": 4.687117, "fair_value": 5.663344, "relative_strength": -3.967742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.244351, "energy": 73.995106, "activity_lines": [ 5.313133, 5.107182, 4.786987, 4.706603 ] }, { "date": "2024-11-22", "close": 5.455714, "volume": 67323771, "typical_volume": 66806259.0, "trend": 4.711074, "fair_value": 5.656781, "relative_strength": 1.108363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.140719, "energy": 66.915556, "activity_lines": [ 5.382443, 5.209617, 4.865916, 4.756189 ] }, { "date": "2024-11-29", "close": 5.752759, "volume": 66729941, "typical_volume": 61378545.1, "trend": 4.737754, "fair_value": 5.648419, "relative_strength": 5.063039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.132566, "energy": 72.299568, "activity_lines": [ 5.507202, 5.342297, 4.969693, 4.823395 ] }, { "date": "2024-12-06", "close": 5.970591, "volume": 59090219, "typical_volume": 60184060.55, "trend": 4.761256, "fair_value": 5.637688, "relative_strength": 6.896471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.876395, "energy": 72.028946, "activity_lines": [ 5.686749, 5.486499, 5.089218, 4.902933 ] }, { "date": "2024-12-13", "close": 5.742857, "volume": 48034783, "typical_volume": 60355632.35, "trend": 4.780103, "fair_value": 5.622288, "relative_strength": 3.60228, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.963118, "energy": 63.662823, "activity_lines": [ 5.738236, 5.56463, 5.178992, 4.966262 ] }, { "date": "2024-12-20", "close": 5.554729, "volume": 39071983, "typical_volume": 60103072.35, "trend": 4.795616, "fair_value": 5.605127, "relative_strength": 1.469427, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.979839, "energy": 51.539946, "activity_lines": [ 5.707872, 5.594515, 5.244058, 5.016238 ] }, { "date": "2024-12-27", "close": 5.653744, "volume": 50400867, "typical_volume": 58168990.1, "trend": 4.816079, "fair_value": 5.593414, "relative_strength": 2.76036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.068991, "energy": 46.6235, "activity_lines": [ 5.69401, 5.62764, 5.312803, 5.071601 ] }, { "date": "2025-01-03", "close": 5.000247, "volume": 36090319, "typical_volume": 57554650.1, "trend": 4.833241, "fair_value": 5.579241, "relative_strength": -3.145469, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.935614, "energy": 23.242214, "activity_lines": [ 5.449114, 5.526465, 5.313463, 5.083483 ] }, { "date": "2025-01-10", "close": 4.990345, "volume": 37705537, "typical_volume": 57621432.85, "trend": 4.846113, "fair_value": 5.567596, "relative_strength": -1.4111, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.24442, "energy": 20.075364, "activity_lines": [ 5.251084, 5.432311, 5.31021, 5.093618 ] }, { "date": "2025-01-17", "close": 5.237882, "volume": 29662650, "typical_volume": 57444722.85, "trend": 4.874498, "fair_value": 5.556057, "relative_strength": 1.823199, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.512861, "energy": 20.823549, "activity_lines": [ 5.200917, 5.386764, 5.326146, 5.118894 ] }, { "date": "2025-01-24", "close": 5.861675, "volume": 113622543, "typical_volume": 61920100.0, "trend": 4.925325, "fair_value": 5.549627, "relative_strength": 14.017464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.073775, "energy": 25.417285, "activity_lines": [ 5.392345, 5.458595, 5.396777, 5.182583 ] }, { "date": "2025-01-31", "close": 5.663645, "volume": 12482900, "typical_volume": 61443015.1, "trend": 4.95635, "fair_value": 5.541311, "relative_strength": 10.468816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.106033, "energy": 27.680835, "activity_lines": [ 5.497301, 5.484339, 5.440249, 5.230216 ] }, { "date": "2025-02-07", "close": 6.287438, "volume": 37805114, "typical_volume": 62704095.45, "trend": 5.009158, "fair_value": 5.538536, "relative_strength": 20.230363, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.483845, "energy": 61.939447, "activity_lines": [ 5.809527, 5.619719, 5.535916, 5.316093 ] }, { "date": "2025-02-14", "close": 6.059704, "volume": 272265403, "typical_volume": 74286885.6, "trend": 5.068567, "fair_value": 5.533684, "relative_strength": 13.831303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.61528, "energy": 66.074151, "activity_lines": [ 5.960029, 5.703971, 5.599993, 5.38387 ] }, { "date": "2025-02-21", "close": 6.782512, "volume": 127081026, "typical_volume": 79115715.55, "trend": 5.150749, "fair_value": 5.53612, "relative_strength": 25.485096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.685196, "energy": 80.720141, "activity_lines": [ 6.280177, 5.918023, 5.726025, 5.494447 ] }, { "date": "2025-02-28", "close": 6.178522, "volume": 175839003, "typical_volume": 83787677.45, "trend": 5.211808, "fair_value": 5.536658, "relative_strength": 15.911495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.471445, "energy": 72.312773, "activity_lines": [ 6.296019, 6.003356, 5.785905, 5.560755 ] }, { "date": "2025-03-07", "close": 7.554828, "volume": 274048672, "typical_volume": 94976320.7, "trend": 5.316103, "fair_value": 5.545958, "relative_strength": 38.456741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.583976, "energy": 77.17963, "activity_lines": [ 6.749507, 6.327584, 5.970025, 5.711918 ] }, { "date": "2025-03-14", "close": 8.475665, "volume": 476247024, "typical_volume": 109460080.75, "trend": 5.452744, "fair_value": 5.560234, "relative_strength": 51.663194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.50499, "energy": 86.636063, "activity_lines": [ 7.383862, 6.784673, 6.228737, 5.91576 ] }, { "date": "2025-03-21", "close": 7.475616, "volume": 366350820, "typical_volume": 121654711.35, "trend": 5.566281, "fair_value": 5.563904, "relative_strength": 35.071968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.053161, "energy": 66.988986, "activity_lines": [ 7.538985, 6.996744, 6.377966, 6.046268 ] }, { "date": "2025-03-28", "close": 6.851823, "volume": 161279334, "typical_volume": 125680314.55, "trend": 5.653084, "fair_value": 5.565734, "relative_strength": 23.72669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.854511, "energy": 56.920245, "activity_lines": [ 7.391783, 7.050212, 6.456895, 6.129206 ] }, { "date": "2025-04-04", "close": 6.762709, "volume": 79060545, "typical_volume": 126509622.7, "trend": 5.741207, "fair_value": 5.56829, "relative_strength": 21.943275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.779256, "energy": 46.437184, "activity_lines": [ 7.210256, 7.058133, 6.520689, 6.200795 ] }, { "date": "2025-04-11", "close": 6.119113, "volume": 128073548, "typical_volume": 129547111.55, "trend": 5.806887, "fair_value": 5.570052, "relative_strength": 13.550249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.179411, "energy": 19.515819, "activity_lines": [ 6.775251, 6.932655, 6.516257, 6.225176 ] }, { "date": "2025-04-18", "close": 6.148818, "volume": 79926901, "typical_volume": 130206959.55, "trend": 5.871576, "fair_value": 5.572129, "relative_strength": 12.223661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.146425, "energy": 20.954684, "activity_lines": [ 6.445862, 6.804296, 6.511495, 6.247236 ] }, { "date": "2025-04-25", "close": 6.168621, "volume": 72975253, "typical_volume": 130901211.25, "trend": 5.923394, "fair_value": 5.574764, "relative_strength": 11.524765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.396649, "energy": 20.220687, "activity_lines": [ 6.278197, 6.682057, 6.506733, 6.2664 ] }, { "date": "2025-05-02", "close": 6.079507, "volume": 40283390, "typical_volume": 130513641.6, "trend": 5.96036, "fair_value": 5.577569, "relative_strength": 10.124166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.17263, "energy": 19.804598, "activity_lines": [ 6.167961, 6.541636, 6.49254, 6.276472 ] }, { "date": "2025-05-09", "close": 6.317143, "volume": 76126375, "typical_volume": 132366361.2, "trend": 6.012837, "fair_value": 5.584365, "relative_strength": 11.98995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.196381, "energy": 13.762831, "activity_lines": [ 6.188424, 6.457204, 6.499377, 6.299491 ] }, { "date": "2025-05-16", "close": 6.257734, "volume": 65126438, "typical_volume": 133102639.75, "trend": 6.061355, "fair_value": 5.592139, "relative_strength": 9.826673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.606771, "energy": 10.956218, "activity_lines": [ 6.218788, 6.359449, 6.496925, 6.31529 ] }, { "date": "2025-05-23", "close": 5.940886, "volume": 98221572, "typical_volume": 136209202.4, "trend": 6.076537, "fair_value": 5.600104, "relative_strength": 4.709575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.267237, "energy": 8.924481, "activity_lines": [ 6.134295, 6.227669, 6.461421, 6.307518 ] }, { "date": "2025-05-30", "close": 5.9, "volume": 63644800, "typical_volume": 137506165.55, "trend": 6.100258, "fair_value": 5.607127, "relative_strength": 3.863423, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.944341, "energy": 17.542612, "activity_lines": [ 6.050036, 6.134543, 6.417544, 6.296129 ] }, { "date": "2025-06-06", "close": 6.05, "volume": 39359800, "typical_volume": 137991023.05, "trend": 6.120067, "fair_value": 5.608879, "relative_strength": 4.935491, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.468323, "energy": 25.097927, "activity_lines": [ 6.033685, 6.097336, 6.383621, 6.292886 ] }, { "date": "2025-06-13", "close": 5.88, "volume": 50663403, "typical_volume": 134843066.05, "trend": 6.139161, "fair_value": 5.609355, "relative_strength": 1.982644, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.728837, "energy": 37.774483, "activity_lines": [ 5.962634, 6.043799, 6.329641, 6.277398 ] }, { "date": "2025-06-20", "close": 5.68, "volume": 37310900, "typical_volume": 136084466.05, "trend": 6.146637, "fair_value": 5.610278, "relative_strength": -1.237819, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.963511, "energy": 47.111315, "activity_lines": [ 5.854059, 5.969948, 6.256525, 6.247775 ] }, { "date": "2025-06-27", "close": 6.04, "volume": 45466737, "typical_volume": 136467547.2, "trend": 6.156212, "fair_value": 5.61283, "relative_strength": 2.69976, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.8508, "energy": 38.990456, "activity_lines": [ 5.904, 5.969535, 6.217617, 6.240895 ] }, { "date": "2025-07-04", "close": 6.08, "volume": 43243395, "typical_volume": 125016446.8, "trend": 6.159859, "fair_value": 5.615952, "relative_strength": 1.781023, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.823437, "energy": 28.463228, "activity_lines": [ 5.960667, 5.978373, 6.183697, 6.235978 ] }, { "date": "2025-07-11", "close": 6.71, "volume": 303956695, "typical_volume": 133860230.25, "trend": 6.192097, "fair_value": 5.620997, "relative_strength": 10.70915, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 18.652636, "energy": 14.140875, "activity_lines": [ 6.215333, 6.103369, 6.20968, 6.271471 ] }, { "date": "2025-07-18", "close": 6.75, "volume": 203866567, "typical_volume": 135261608.45, "trend": 6.231939, "fair_value": 5.624867, "relative_strength": 10.020617, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 26.11019, "energy": 28.337759, "activity_lines": [ 6.439333, 6.224173, 6.239819, 6.307465 ] }, { "date": "2025-07-25", "close": 6.66, "volume": 151827185, "typical_volume": 129150534.1, "trend": 6.265481, "fair_value": 5.629218, "relative_strength": 6.342196, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.863901, "energy": 34.614246, "activity_lines": [ 6.575333, 6.320743, 6.258664, 6.335082 ] }, { "date": "2025-08-01", "close": 6.63, "volume": 92692471, "typical_volume": 109972806.45, "trend": 6.319806, "fair_value": 5.632506, "relative_strength": 6.435246, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.416441, "energy": 42.732995, "activity_lines": [ 6.636, 6.404545, 6.278913, 6.358599 ] }, { "date": "2025-08-08", "close": 6.57, "volume": 57892336, "typical_volume": 94549882.25, "trend": 6.372461, "fair_value": 5.633417, "relative_strength": 2.995369, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.805162, "energy": 46.690416, "activity_lines": [ 6.637333, 6.464909, 6.302237, 6.37474 ] }, { "date": "2025-08-15", "close": 6.79, "volume": 95609842, "typical_volume": 91266407.65, "trend": 6.424199, "fair_value": 5.634182, "relative_strength": 4.307111, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.157175, "energy": 40.475396, "activity_lines": [ 6.679333, 6.553091, 6.350826, 6.401678 ] }, { "date": "2025-08-22", "close": 6.71, "volume": 78615507, "typical_volume": 91244155.75, "trend": 6.452476, "fair_value": 5.635306, "relative_strength": -0.752904, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.750469, "energy": 27.139021, "activity_lines": [ 6.689333, 6.613273, 6.39209, 6.420117 ] }, { "date": "2025-08-29", "close": 6.65, "volume": 129848097, "typical_volume": 91332883.2, "trend": 6.485355, "fair_value": 5.636854, "relative_strength": -2.703179, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.707877, "energy": 21.474166, "activity_lines": [ 6.682, 6.647455, 6.427891, 6.432861 ] }, { "date": "2025-09-05", "close": 7.34, "volume": 228746491, "typical_volume": 98773862.7, "trend": 6.52044, "fair_value": 5.641954, "relative_strength": 8.159628, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.561176, "energy": 48.434805, "activity_lines": [ 6.905333, 6.789455, 6.526878, 6.487999 ] }, { "date": "2025-09-12", "close": 7.03, "volume": 152445788, "typical_volume": 102747389.45, "trend": 6.552783, "fair_value": 5.643262, "relative_strength": 1.727086, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.179854, "energy": 45.345578, "activity_lines": [ 6.978, 6.851455, 6.590669, 6.520874 ] }, { "date": "2025-09-19", "close": 10.11, "volume": 332719448, "typical_volume": 117369192.35, "trend": 6.6637, "fair_value": 5.667487, "relative_strength": 46.48069, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.085196, "energy": 92.66632, "activity_lines": [ 8.046667, 7.456182, 6.943692, 6.750372 ] }, { "date": "2025-09-26", "close": 8.92, "volume": 788196547, "typical_volume": 152972700.95, "trend": 6.755082, "fair_value": 5.683089, "relative_strength": 27.831412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.419493, "energy": 85.157654, "activity_lines": [ 8.497333, 7.782727, 7.164188, 6.89594 ] }, { "date": "2025-10-03", "close": 9.5, "volume": 213720605, "typical_volume": 160402409.3, "trend": 6.819921, "fair_value": 5.701786, "relative_strength": 32.884776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.290873, "energy": 88.329377, "activity_lines": [ 8.994, 8.175273, 7.427528, 7.073031 ] }, { "date": "2025-10-10", "close": 9.65, "volume": 191484276, "typical_volume": 165065544.5, "trend": 6.859066, "fair_value": 5.727047, "relative_strength": 33.096026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.955224, "energy": 90.814452, "activity_lines": [ 9.350667, 8.543455, 7.689714, 7.255617 ] }, { "date": "2025-10-17", "close": 8.38, "volume": 387015198, "typical_volume": 181234064.4, "trend": 6.889212, "fair_value": 5.744228, "relative_strength": 16.449056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.418161, "energy": 58.739859, "activity_lines": [ 9.13, 8.625818, 7.813286, 7.353742 ] }, { "date": "2025-10-24", "close": 8.61, "volume": 141101054, "typical_volume": 186321127.1, "trend": 6.947818, "fair_value": 5.765063, "relative_strength": 15.682749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.958832, "energy": 51.352343, "activity_lines": [ 8.896, 8.717091, 7.946952, 7.46476 ] }, { "date": "2025-10-31", "close": 8.08, "volume": 243522863, "typical_volume": 195964100.1, "trend": 6.991727, "fair_value": 5.78057, "relative_strength": 7.934899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.962551, "energy": 33.977061, "activity_lines": [ 8.585333, 8.678909, 8.017952, 7.537804 ] }, { "date": "2025-11-07", "close": 8.53, "volume": 180774440, "typical_volume": 203137277.1, "trend": 7.07209, "fair_value": 5.797656, "relative_strength": 12.096791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.681465, "energy": 23.245948, "activity_lines": [ 8.480667, 8.697636, 8.121333, 7.637048 ] }, { "date": "2025-11-14", "close": 9.1, "volume": 320453709, "typical_volume": 216886625.7, "trend": 7.170463, "fair_value": 5.822005, "relative_strength": 18.973369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.98302, "energy": 27.716144, "activity_lines": [ 8.630667, 8.785818, 8.265429, 7.76788 ] }, { "date": "2025-11-21", "close": 7.83, "volume": 135053104, "typical_volume": 221477111.15, "trend": 7.225842, "fair_value": 5.83647, "relative_strength": 6.127012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.768189, "energy": 18.254005, "activity_lines": [ 8.394, 8.611091, 8.274, 7.810431 ] }, { "date": "2025-11-28", "close": 7.92, "volume": 76267231, "typical_volume": 210092637.95, "trend": 7.287192, "fair_value": 5.851263, "relative_strength": 5.540095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.998838, "energy": 15.45311, "activity_lines": [ 8.224, 8.438182, 8.28281, 7.855216 ] }, { "date": "2025-12-05", "close": 8.02, "volume": 63704031, "typical_volume": 203084511.15, "trend": 7.343954, "fair_value": 5.866262, "relative_strength": 6.165075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.399458, "energy": 15.072656, "activity_lines": [ 8.133333, 8.323273, 8.295381, 7.902494 ] }, { "date": "2025-12-12", "close": 8.02, "volume": 78978944, "typical_volume": 199442099.1, "trend": 7.402696, "fair_value": 5.882007, "relative_strength": 6.143489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.752248, "energy": 14.208253, "activity_lines": [ 8.046667, 8.224727, 8.301905, 7.946109 ] }, { "date": "2025-12-19", "close": 7.83, "volume": 83662697, "typical_volume": 198990610.4, "trend": 7.465667, "fair_value": 5.895912, "relative_strength": 3.22818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.919281, "energy": 12.728242, "activity_lines": [ 7.930667, 8.118545, 8.283857, 7.973677 ] }, { "date": "2025-12-26", "close": 8.4, "volume": 292348842, "typical_volume": 210713435.7, "trend": 7.549, "fair_value": 5.914093, "relative_strength": 8.209666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.349166, "energy": 11.116226, "activity_lines": [ 8.089333, 8.149091, 8.314381, 8.033957 ] }, { "date": "2026-01-02", "close": 8.06, "volume": 65836314, "typical_volume": 209224759.3, "trend": 7.616, "fair_value": 5.931527, "relative_strength": 3.21453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.484024, "energy": 8.186323, "activity_lines": [ 8.096667, 8.117455, 8.30381, 8.066925 ] }, { "date": "2026-01-09", "close": 8.41, "volume": 127606565, "typical_volume": 211674312.2, "trend": 7.700333, "fair_value": 5.953444, "relative_strength": 3.264113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.157867, "energy": 15.3799, "activity_lines": [ 8.211333, 8.159455, 8.320524, 8.118151 ] }, { "date": "2026-01-16", "close": 8.51, "volume": 173300541, "typical_volume": 213846934.4, "trend": 7.794667, "fair_value": 5.975256, "relative_strength": 4.496991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.077334, "energy": 22.927719, "activity_lines": [ 8.333333, 8.213636, 8.338667, 8.170387 ] }, { "date": "2026-01-23", "close": 8.98, "volume": 234057590, "typical_volume": 214112489.35, "trend": 7.892667, "fair_value": 5.998961, "relative_strength": 8.965729, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.777748, "energy": 35.732283, "activity_lines": [ 8.579333, 8.353636, 8.392714, 8.24686 ] }, { "date": "2026-01-30", "close": 9.04, "volume": 192561874, "typical_volume": 216118293.65, "trend": 7.991333, "fair_value": 6.023236, "relative_strength": 9.699457, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.110582, "energy": 50.079168, "activity_lines": [ 8.768667, 8.506727, 8.444667, 8.320882 ] }, { "date": "2026-02-06", "close": 13.71, "volume": 467728056, "typical_volume": 222868724.05, "trend": 8.224667, "fair_value": 6.076327, "relative_strength": 66.16648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.734038, "energy": 89.090101, "activity_lines": [ 10.472, 9.486909, 8.93181, 8.689828 ] }, { "date": "2026-02-13", "close": 14.51, "volume": 849531926, "typical_volume": 225935493.0, "trend": 8.483333, "fair_value": 6.133924, "relative_strength": 72.304719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.891506, "energy": 98.018784, "activity_lines": [ 12.065333, 10.507273, 9.478, 9.095333 ] }, { "date": "2026-02-27", "close": 18.15, "volume": 544464972, "typical_volume": 242472711.35, "trend": 8.866333, "fair_value": 6.213796, "relative_strength": 106.809735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.040466, "energy": 99.495261, "activity_lines": [ 14.465333, 12.071455, 10.344238, 9.718989 ] }, { "date": "2026-03-06", "close": 19.17, "volume": 622358995, "typical_volume": 264016447.3, "trend": 9.284333, "fair_value": 6.301016, "relative_strength": 115.013535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.970209, "energy": 98.136255, "activity_lines": [ 16.562667, 13.636909, 11.266429, 10.383742 ] }, { "date": "2026-03-13", "close": 18.98, "volume": 522598183, "typical_volume": 270795596.55, "trend": 9.698, "fair_value": 6.386396, "relative_strength": 109.905879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.887628, "energy": 93.443513, "activity_lines": [ 17.917333, 14.961636, 12.12519, 11.009269 ] }, { "date": "2026-03-20", "close": 20.08, "volume": 356958310, "typical_volume": 281588459.35, "trend": 10.141, "fair_value": 6.478577, "relative_strength": 124.756006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.092199, "energy": 91.903838, "activity_lines": [ 18.976, 16.294, 13.038238, 11.679075 ] }, { "date": "2026-03-27", "close": 24.280001, "volume": 477099291, "typical_volume": 293267280.75, "trend": 10.726667, "fair_value": 6.597682, "relative_strength": 165.761371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.765799, "energy": 76.944296, "activity_lines": [ 21.01, 18.171455, 14.296667, 12.591269 ] }, { "date": "2026-04-03", "close": 27.65, "volume": 478421339, "typical_volume": 308149625.7, "trend": 11.426667, "fair_value": 6.738887, "relative_strength": 193.005212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.178532, "energy": 77.399712, "activity_lines": [ 23.516, 20.373091, 15.798905, 13.683097 ] }, { "date": "2026-04-10", "close": 24.120001, "volume": 376530025, "typical_volume": 310953441.5, "trend": 11.986, "fair_value": 6.857029, "relative_strength": 141.114925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.132356, "energy": 67.915531, "activity_lines": [ 24.212001, 21.584909, 16.873905, 14.502022 ] }, { "date": "2026-04-17", "close": 24.120001, "volume": 465497947, "typical_volume": 327475683.65, "trend": 12.555667, "fair_value": 6.975855, "relative_strength": 130.069929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.497935, "energy": 66.858643, "activity_lines": [ 24.578001, 22.521455, 17.877381, 15.28486 ] }, { "date": "2026-04-24", "close": 30.559999, "volume": 490425877, "typical_volume": 348183615.95, "trend": 13.237333, "fair_value": 7.137208, "relative_strength": 177.870839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.156321, "energy": 72.632843, "activity_lines": [ 26.748, 24.354728, 19.416619, 16.44643 ] }, { "date": "2026-05-01", "close": 28.26, "volume": 328197401, "typical_volume": 361408284.45, "trend": 13.882, "fair_value": 7.284191, "relative_strength": 146.160993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.772133, "energy": 65.635984, "activity_lines": [ 27.452667, 25.463455, 20.629, 17.415635 ] }, { "date": "2026-05-08", "close": 37.619999, "volume": 166702229, "typical_volume": 365794448.7, "trend": 14.819333, "fair_value": 7.492045, "relative_strength": 207.252928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.862674, "energy": 73.910762, "activity_lines": [ 31.012, 28.024, 22.636429, 18.947118 ] }, { "date": "2026-05-15", "close": 36.400002, "volume": 461605123, "typical_volume": 384691570.0, "trend": 15.711, "fair_value": 7.690087, "relative_strength": 187.44886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.647367, "energy": 71.316907, "activity_lines": [ 33.5, 30.008728, 24.386715, 20.33942 ] }, { "date": "2026-05-22", "close": 40.529999, "volume": 424401324, "typical_volume": 391294194.1, "trend": 16.782667, "fair_value": 7.914354, "relative_strength": 206.425692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.913538, "energy": 81.67797, "activity_lines": [ 36.546, 32.431091, 26.394286, 21.940645 ] }, { "date": "2026-05-29", "close": 42.709999, "volume": 496733494, "typical_volume": 412839053.1, "trend": 17.919333, "fair_value": 8.152471, "relative_strength": 210.242235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.882938, "energy": 85.94496, "activity_lines": [ 39.224666, 34.858, 28.456476, 23.613376 ] }, { "date": "2026-06-05", "close": 41.709999, "volume": 93527574, "typical_volume": 411135103.55, "trend": 19.040333, "fair_value": 8.382436, "relative_strength": 191.798836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.033266, "energy": 78.419314, "activity_lines": [ 40.759999, 36.691636, 30.258428, 25.148258 ] }, { "date": "2026-06-12", "close": 38.860001, "volume": 77369829, "typical_volume": 406338567.95, "trend": 20.051333, "fair_value": 8.589649, "relative_strength": 160.52121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.217515, "energy": 66.108063, "activity_lines": [ 40.448667, 37.690182, 31.630381, 26.426946 ] }, { "date": "2026-06-19", "close": 51.77, "volume": 252812402, "typical_volume": 407276308.55, "trend": 21.473667, "fair_value": 8.880117, "relative_strength": 223.703346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.805264, "energy": 73.306742, "activity_lines": [ 44.358, 40.832182, 34.087333, 28.473312 ] }, { "date": "2026-06-26", "close": 52.0, "volume": 75901224, "typical_volume": 401443276.05, "trend": 22.946, "fair_value": 9.17449, "relative_strength": 212.97119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.870236, "energy": 71.453085, "activity_lines": [ 47.319333, 43.513273, 36.362429, 30.442753 ] }, { "date": "2026-07-03", "close": 49.0, "volume": 54986016, "typical_volume": 380806174.05, "trend": 24.315333, "fair_value": 9.449882, "relative_strength": 180.197573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.952742, "energy": 66.521761, "activity_lines": [ 48.516, 45.142, 38.147238, 32.123656 ] }, { "date": "2026-07-10", "close": 35.209999, "volume": 409486756, "typical_volume": 358803915.55, "trend": 25.221667, "fair_value": 9.637003, "relative_strength": 97.53298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.963541, "energy": 54.711388, "activity_lines": [ 44.696666, 43.928182, 38.450667, 32.826538 ] }, { "date": "2026-07-17", "close": 27.9, "volume": 269559221, "typical_volume": 345058628.0, "trend": 25.884333, "fair_value": 9.77532, "relative_strength": 62.320968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.650081, "energy": 21.600204, "activity_lines": [ 38.874, 41.258909, 37.959333, 32.999333 ] }, { "date": "2026-07-24", "close": 24.639999, "volume": 394097867, "typical_volume": 333645571.6, "trend": 26.444667, "fair_value": 9.893806, "relative_strength": 38.81343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.314417, "energy": 21.577956, "activity_lines": [ 32.695333, 38.173636, 37.111095, 32.919054 ] }, { "date": "2026-07-31", "close": 22.389999, "volume": 320732263, "typical_volume": 323552275.6, "trend": 26.911, "fair_value": 9.998434, "relative_strength": 23.507146, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.286428, "energy": 36.545035, "activity_lines": [ 27.575333, 34.89309, 36.022524, 32.657462 ] }, { "date": "2026-08-07", "close": 27.65, "volume": 461501975, "typical_volume": 328779458.85, "trend": 27.564, "fair_value": 10.138223, "relative_strength": 45.304894, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.279394, "energy": 40.470191, "activity_lines": [ 26.182666, 32.898727, 35.418666, 32.70514 ] } ], "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." } } }