{ "ticker": { "uuid": "ee06c513-dc16-41af-a158-a69f4978b1bb", "symbol": "600785", "name": "Yinchuan Xinhua Commercial (Group) 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.413, "architecture_energy": 77.623, "architecture_maturity": 30.0, "architecture_confidence": 88.575, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 9.41, "rotation_up": 11.2, "upward_expansion": 18.12, "deceleration": 38.86, "rotation_down": 75.43, "downward_expansion": 93.79 }, "activity_lines": [ 8.46, 9.0489, 10.082424, 10.885583 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 8.71, "trend_reference": 11.893391, "distance_from_trend": -0.26766, "trend_direction": "Weakening", "fair_value": 9.665497, "distance_from_fair_value": -0.098857, "fair_value_direction": "Weakening", "relative_strength": -18.943397, "relative_strength_direction": "Weakening", "price_momentum": -0.41937, "excess_performance": -0.376167, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.26766, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.00178, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.098857, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.415709, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.189434, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.320071, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.41937, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.297829, "read": "Supply-led" } ], "volume": { "latest": 50877907, "relative_activity": 0.927292, "balance": 0.297829, "dry_up": 1.675646, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.142445, "annualized_volatility": 0.395992, "from_high_reference": -0.55658, "from_low_reference": 0.16756 }, "levels": { "trend_reference": 11.893391, "fair_value_reference": 9.665497, "structural_low": 7.46, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.044524, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.034362, "regime_survival": 0.75, "best_return": 0.251916, "worst_return": -0.200787, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.054397, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.084855, "regime_survival": 0.333333, "best_return": 0.248495, "worst_return": -0.209449, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.083885, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.169105, "regime_survival": 0.0, "best_return": 0.389847, "worst_return": -0.176378, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.03487, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.020112, "regime_survival": 0.333333, "best_return": 0.636973, "worst_return": -0.051956, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-05-24", "tenure": "New", "return": -0.045573, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-31", "end": "2024-07-05", "tenure": "Developing", "return": -0.055676, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-11-01", "tenure": "Established", "return": -0.084252, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-12-06", "tenure": "Developing", "return": 0.010059, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.203316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-04-18", "tenure": "Established", "return": 0.243342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": -0.022293, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-08-01", "tenure": "Developing", "return": 0.065894, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-10", "tenure": "Developing", "return": 0.006265, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-19", "tenure": "Developing", "return": 0.128469, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": 0.381974, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-06-05", "tenure": "Developing", "return": -0.136338, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": -0.036721, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.084122, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.206038, "volume": 66163110, "typical_volume": 31708012.45, "trend": 11.036438, "fair_value": 9.267638, "relative_strength": -3.939856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.852739, "energy": 33.414456, "activity_lines": [ 9.897667, 9.858015, 10.364397, 10.640141 ] }, { "date": "2023-08-04", "close": 10.260218, "volume": 59197943, "typical_volume": 33997415.55, "trend": 10.962726, "fair_value": 9.260319, "relative_strength": -4.124687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.701144, "energy": 21.256497, "activity_lines": [ 10.090456, 9.900452, 10.325913, 10.590063 ] }, { "date": "2023-08-11", "close": 9.928368, "volume": 21707030, "typical_volume": 34390134.55, "trend": 10.875486, "fair_value": 9.248501, "relative_strength": -4.687737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.761471, "energy": 22.013134, "activity_lines": [ 10.102194, 9.892548, 10.258475, 10.52333 ] }, { "date": "2023-08-18", "close": 9.650699, "volume": 23166535, "typical_volume": 34780799.75, "trend": 10.792444, "fair_value": 9.235291, "relative_strength": -6.032267, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.957499, "energy": 24.27275, "activity_lines": [ 9.961328, 9.852025, 10.167958, 10.444311 ] }, { "date": "2023-08-25", "close": 9.007319, "volume": 19170917, "typical_volume": 34327422.25, "trend": 10.710603, "fair_value": 9.22007, "relative_strength": -10.637878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.232617, "energy": 45.676402, "activity_lines": [ 9.610065, 9.717192, 10.024955, 10.329142 ] }, { "date": "2023-09-01", "close": 9.549112, "volume": 31273350, "typical_volume": 34682278.95, "trend": 10.638974, "fair_value": 9.210132, "relative_strength": -7.703257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.833819, "energy": 48.493241, "activity_lines": [ 9.522926, 9.696136, 9.942968, 10.254207 ] }, { "date": "2023-09-08", "close": 9.921595, "volume": 29344572, "typical_volume": 35099932.1, "trend": 10.582004, "fair_value": 9.202756, "relative_strength": -3.794133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.51802, "energy": 38.105304, "activity_lines": [ 9.603743, 9.739972, 9.901275, 10.207925 ] }, { "date": "2023-09-15", "close": 9.759058, "volume": 21284348, "typical_volume": 32703449.55, "trend": 10.534414, "fair_value": 9.192396, "relative_strength": -5.485512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.817944, "energy": 34.499964, "activity_lines": [ 9.652956, 9.741203, 9.851504, 10.154831 ] }, { "date": "2023-09-22", "close": 9.616836, "volume": 17622772, "typical_volume": 32814369.65, "trend": 10.473339, "fair_value": 9.18285, "relative_strength": -7.311701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.123959, "energy": 27.411124, "activity_lines": [ 9.666049, 9.703277, 9.797806, 10.095633 ] }, { "date": "2023-09-29", "close": 9.820009, "volume": 11008148, "typical_volume": 31501387.0, "trend": 10.402668, "fair_value": 9.180342, "relative_strength": -4.704787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.061322, "energy": 18.179948, "activity_lines": [ 9.749124, 9.704016, 9.773976, 10.053482 ] }, { "date": "2023-10-13", "close": 9.576201, "volume": 14969924, "typical_volume": 30188946.5, "trend": 10.345844, "fair_value": 9.175882, "relative_strength": -6.316527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.218972, "energy": 21.607242, "activity_lines": [ 9.696751, 9.66843, 9.737374, 10.000162 ] }, { "date": "2023-10-20", "close": 8.777056, "volume": 20142077, "typical_volume": 30043699.3, "trend": 10.277853, "fair_value": 9.16699, "relative_strength": -11.114293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.944684, "energy": 41.573376, "activity_lines": [ 9.376189, 9.498996, 9.633486, 9.89895 ] }, { "date": "2023-10-27", "close": 9.298532, "volume": 20186128, "typical_volume": 30437262.45, "trend": 10.2333, "fair_value": 9.160966, "relative_strength": -7.034037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.119677, "energy": 45.517353, "activity_lines": [ 9.305756, 9.451343, 9.588944, 9.835768 ] }, { "date": "2023-11-03", "close": 9.210491, "volume": 14181790, "typical_volume": 30455556.3, "trend": 10.15711, "fair_value": 9.152653, "relative_strength": -8.136106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.129539, "energy": 55.685036, "activity_lines": [ 9.236677, 9.399134, 9.543694, 9.76978 ] }, { "date": "2023-11-10", "close": 9.156312, "volume": 12705520, "typical_volume": 29656894.55, "trend": 10.096156, "fair_value": 9.139249, "relative_strength": -8.810826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.789403, "energy": 58.802021, "activity_lines": [ 9.176629, 9.345077, 9.501318, 9.705212 ] }, { "date": "2023-11-17", "close": 9.481389, "volume": 34422678, "typical_volume": 30625163.95, "trend": 10.060164, "fair_value": 9.13789, "relative_strength": -5.876704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.582236, "energy": 32.091352, "activity_lines": [ 9.269186, 9.347417, 9.493191, 9.66555 ] }, { "date": "2023-11-24", "close": 9.752285, "volume": 25896938, "typical_volume": 30259666.35, "trend": 10.002707, "fair_value": 9.135292, "relative_strength": -2.690259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.064871, "energy": 16.87978, "activity_lines": [ 9.458362, 9.400242, 9.510445, 9.645687 ] }, { "date": "2023-12-01", "close": 9.772602, "volume": 14489757, "typical_volume": 29369859.55, "trend": 9.935837, "fair_value": 9.139164, "relative_strength": -2.170151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.506366, "energy": 13.88529, "activity_lines": [ 9.589295, 9.459839, 9.527021, 9.630841 ] }, { "date": "2023-12-08", "close": 9.515249, "volume": 19464772, "typical_volume": 27969020.5, "trend": 9.858819, "fair_value": 9.138453, "relative_strength": -2.78652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.701485, "energy": 17.055176, "activity_lines": [ 9.60284, 9.472399, 9.51554, 9.603707 ] }, { "date": "2023-12-15", "close": 10.124767, "volume": 23684231, "typical_volume": 25004127.0, "trend": 9.795839, "fair_value": 9.139105, "relative_strength": 4.399794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.336782, "energy": 22.648567, "activity_lines": [ 9.79924, 9.597627, 9.563044, 9.620865 ] }, { "date": "2023-12-22", "close": 9.616836, "volume": 17207694, "typical_volume": 22556356.2, "trend": 9.735437, "fair_value": 9.140512, "relative_strength": 0.204491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 10.830856, "energy": 14.073929, "activity_lines": [ 9.761766, 9.624963, 9.562818, 9.609316 ] }, { "date": "2023-12-29", "close": 10.023181, "volume": 15596843, "typical_volume": 20376301.2, "trend": 9.709208, "fair_value": 9.144739, "relative_strength": 2.377718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 21.429702, "energy": 24.672523, "activity_lines": [ 9.85071, 9.725441, 9.604098, 9.62788 ] }, { "date": "2024-01-05", "close": 9.975774, "volume": 30205447, "typical_volume": 20801222.05, "trend": 9.678036, "fair_value": 9.149007, "relative_strength": 3.446332, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.975037, "energy": 29.104952, "activity_lines": [ 9.905792, 9.794643, 9.641991, 9.645078 ] }, { "date": "2024-01-12", "close": 10.15863, "volume": 28133001, "typical_volume": 21049545.35, "trend": 9.653408, "fair_value": 9.155655, "relative_strength": 7.389166, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.032316, "energy": 40.541009, "activity_lines": [ 10.008282, 9.884778, 9.697073, 9.676084 ] }, { "date": "2024-01-19", "close": 10.246672, "volume": 47039083, "typical_volume": 22442953.65, "trend": 9.666727, "fair_value": 9.167739, "relative_strength": 10.450463, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.192315, "energy": 49.968574, "activity_lines": [ 10.097227, 9.973681, 9.758122, 9.714359 ] }, { "date": "2024-01-26", "close": 10.395664, "volume": 68746959, "typical_volume": 24316634.1, "trend": 9.700137, "fair_value": 9.179787, "relative_strength": 9.201343, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.613329, "energy": 50.106319, "activity_lines": [ 10.227708, 10.069849, 9.827458, 9.761387 ] }, { "date": "2024-02-02", "close": 9.779374, "volume": 37819629, "typical_volume": 24740386.95, "trend": 9.719326, "fair_value": 9.188575, "relative_strength": 9.457328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.465757, "energy": 29.999685, "activity_lines": [ 10.100838, 10.037342, 9.83407, 9.766499 ] }, { "date": "2024-02-09", "close": 10.944232, "volume": 57306574, "typical_volume": 26541498.25, "trend": 9.783212, "fair_value": 9.204355, "relative_strength": 16.532528, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.803864, "energy": 39.985791, "activity_lines": [ 10.378508, 10.216134, 9.952297, 9.845526 ] }, { "date": "2024-02-23", "close": 11.64179, "volume": 102690543, "typical_volume": 30794886.8, "trend": 9.84755, "fair_value": 9.226762, "relative_strength": 18.013938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.889541, "energy": 54.257005, "activity_lines": [ 10.824133, 10.500453, 10.131314, 9.965434 ] }, { "date": "2024-03-01", "close": 11.851736, "volume": 45978379, "typical_volume": 32543398.35, "trend": 9.900601, "fair_value": 9.253879, "relative_strength": 18.953059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.613845, "energy": 64.026199, "activity_lines": [ 11.240863, 10.784279, 10.320684, 10.094736 ] }, { "date": "2024-03-08", "close": 12.021045, "volume": 35684083, "typical_volume": 33579106.3, "trend": 9.961101, "fair_value": 9.287557, "relative_strength": 19.590862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.701389, "energy": 73.450277, "activity_lines": [ 11.607025, 11.067489, 10.516504, 10.231539 ] }, { "date": "2024-03-15", "close": 12.745695, "volume": 42245593, "typical_volume": 34684282.1, "trend": 10.04395, "fair_value": 9.324717, "relative_strength": 26.012573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.008058, "energy": 79.054377, "activity_lines": [ 12.106378, 11.438741, 10.769696, 10.41119 ] }, { "date": "2024-03-22", "close": 13.456799, "volume": 84536124, "typical_volume": 37901781.9, "trend": 10.161565, "fair_value": 9.364192, "relative_strength": 32.620703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.215834, "energy": 82.323706, "activity_lines": [ 12.645011, 11.889784, 11.071714, 10.631374 ] }, { "date": "2024-03-29", "close": 13.016591, "volume": 43429367, "typical_volume": 39364160.75, "trend": 10.273761, "fair_value": 9.400199, "relative_strength": 27.868435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.437644, "energy": 76.253745, "activity_lines": [ 12.869404, 12.197498, 11.312005, 10.815569 ] }, { "date": "2024-04-05", "close": 13.097861, "volume": 20946702, "typical_volume": 39776219.85, "trend": 10.410112, "fair_value": 9.436468, "relative_strength": 26.751598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.652355, "energy": 71.474091, "activity_lines": [ 13.029233, 12.468026, 11.541913, 10.997769 ] }, { "date": "2024-04-12", "close": 13.077543, "volume": 35689862, "typical_volume": 39839579.05, "trend": 10.527727, "fair_value": 9.473642, "relative_strength": 28.044517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.023309, "energy": 56.270203, "activity_lines": [ 13.099215, 12.683019, 11.751116, 11.169862 ] }, { "date": "2024-04-19", "close": 12.969184, "volume": 68762877, "typical_volume": 41982876.0, "trend": 10.629313, "fair_value": 9.509129, "relative_strength": 24.428909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.840945, "energy": 45.981889, "activity_lines": [ 13.062644, 12.829549, 11.932875, 11.327375 ] }, { "date": "2024-04-26", "close": 13.057226, "volume": 92728701, "typical_volume": 45894823.2, "trend": 10.739252, "fair_value": 9.544491, "relative_strength": 23.582057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.366535, "energy": 41.792232, "activity_lines": [ 13.040521, 12.934091, 12.1077, 11.484014 ] }, { "date": "2024-05-03", "close": 12.657655, "volume": 12092652, "typical_volume": 45526217.2, "trend": 10.840613, "fair_value": 9.575782, "relative_strength": 18.774626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.812805, "energy": 33.751007, "activity_lines": [ 12.911845, 12.927565, 12.22883, 11.607782 ] }, { "date": "2024-05-10", "close": 10.592065, "volume": 74217149, "typical_volume": 48052863.1, "trend": 10.866348, "fair_value": 9.593444, "relative_strength": -2.072327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.56092, "energy": 13.713442, "activity_lines": [ 12.118569, 12.527007, 12.138273, 11.591747 ] }, { "date": "2024-05-17", "close": 10.402437, "volume": 40898235, "typical_volume": 49237390.15, "trend": 10.893889, "fair_value": 9.606441, "relative_strength": -3.675444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.892102, "energy": 16.856047, "activity_lines": [ 11.429136, 12.114875, 12.027431, 11.561817 ] }, { "date": "2024-05-24", "close": 9.928368, "volume": 28949755, "typical_volume": 49905035.75, "trend": 10.932266, "fair_value": 9.617822, "relative_strength": -5.88436, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.095851, "energy": 40.304308, "activity_lines": [ 10.760021, 11.645977, 11.867699, 11.499526 ] }, { "date": "2024-05-31", "close": 9.792919, "volume": 22692180, "typical_volume": 49529372.4, "trend": 10.948746, "fair_value": 9.631396, "relative_strength": -6.944975, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.321312, "energy": 59.421704, "activity_lines": [ 10.248478, 11.203676, 11.695518, 11.426019 ] }, { "date": "2024-06-07", "close": 9.887733, "volume": 35519609, "typical_volume": 49898702.8, "trend": 10.97132, "fair_value": 9.644673, "relative_strength": -4.88307, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.404106, "energy": 64.766074, "activity_lines": [ 9.986159, 10.84523, 11.533238, 11.357567 ] }, { "date": "2024-06-14", "close": 9.704879, "volume": 14920710, "typical_volume": 48292784.15, "trend": 10.989606, "fair_value": 9.653629, "relative_strength": -5.973707, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.255362, "energy": 65.972456, "activity_lines": [ 9.84755, 10.510427, 11.354833, 11.275861 ] }, { "date": "2024-06-21", "close": 9.48816, "volume": 17279382, "typical_volume": 45719405.3, "trend": 10.989832, "fair_value": 9.665035, "relative_strength": -6.906498, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.577201, "energy": 68.697942, "activity_lines": [ 9.695848, 10.19791, 11.158368, 11.178994 ] }, { "date": "2024-06-28", "close": 9.220212, "volume": 13497726, "typical_volume": 44503310.15, "trend": 10.972096, "fair_value": 9.674506, "relative_strength": -8.649596, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.97617, "energy": 66.821659, "activity_lines": [ 9.515781, 9.901937, 10.940706, 11.064825 ] }, { "date": "2024-07-05", "close": 9.247693, "volume": 23931692, "typical_volume": 42834566.05, "trend": 10.954599, "fair_value": 9.683982, "relative_strength": -7.937538, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.128552, "energy": 74.497524, "activity_lines": [ 9.392086, 9.679124, 10.728324, 10.953573 ] }, { "date": "2024-07-12", "close": 8.725534, "volume": 23104107, "typical_volume": 38855244.25, "trend": 10.928275, "fair_value": 9.690197, "relative_strength": -13.790558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.696465, "energy": 81.972265, "activity_lines": [ 9.130685, 9.430637, 10.474291, 10.809762 ] }, { "date": "2024-07-19", "close": 8.636218, "volume": 20004322, "typical_volume": 37556541.4, "trend": 10.878657, "fair_value": 9.695709, "relative_strength": -15.022531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.708801, "energy": 88.154506, "activity_lines": [ 8.916993, 9.237404, 10.225639, 10.661887 ] }, { "date": "2024-07-26", "close": 6.643773, "volume": 73835364, "typical_volume": 39464105.45, "trend": 10.779555, "fair_value": 9.688019, "relative_strength": -32.292403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.959401, "energy": 97.481677, "activity_lines": [ 8.110396, 8.717469, 9.802542, 10.388669 ] }, { "date": "2024-08-02", "close": 7.117838, "volume": 80021045, "typical_volume": 41352878.05, "trend": 10.68271, "fair_value": 9.683195, "relative_strength": -27.497575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.148731, "energy": 93.965253, "activity_lines": [ 7.651446, 8.352067, 9.4502, 10.152429 ] }, { "date": "2024-08-09", "close": 6.973558, "volume": 54699666, "typical_volume": 39861055.15, "trend": 10.582636, "fair_value": 9.675807, "relative_strength": -27.616769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.729693, "energy": 93.411212, "activity_lines": [ 7.284562, 8.011533, 9.110917, 9.913129 ] }, { "date": "2024-08-16", "close": 6.774313, "volume": 32861400, "typical_volume": 39332656.8, "trend": 10.469826, "fair_value": 9.665547, "relative_strength": -29.797827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.996757, "energy": 92.523246, "activity_lines": [ 7.002872, 7.686034, 8.78353, 9.667431 ] }, { "date": "2024-08-23", "close": 6.341471, "volume": 29556142, "typical_volume": 39763128.8, "trend": 10.339652, "fair_value": 9.648933, "relative_strength": -33.365512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.674765, "energy": 93.94659, "activity_lines": [ 6.706982, 7.338443, 8.444646, 9.401085 ] }, { "date": "2024-08-30", "close": 6.396435, "volume": 45678013, "typical_volume": 40262536.35, "trend": 10.206345, "fair_value": 9.63418, "relative_strength": -32.17552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.283426, "energy": 91.145838, "activity_lines": [ 6.582397, 7.061999, 8.143169, 9.146684 ] }, { "date": "2024-09-06", "close": 6.375823, "volume": 52428188, "typical_volume": 39445801.9, "trend": 10.092893, "fair_value": 9.61576, "relative_strength": -30.270029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.758657, "energy": 72.007137, "activity_lines": [ 6.46743, 6.838021, 7.871544, 8.899554 ] }, { "date": "2024-09-13", "close": 6.224672, "volume": 55579200, "typical_volume": 37588326.85, "trend": 9.935574, "fair_value": 9.597362, "relative_strength": -30.065992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.148937, "energy": 70.602314, "activity_lines": [ 6.351547, 6.638277, 7.616921, 8.649991 ] }, { "date": "2024-09-20", "close": 6.272766, "volume": 30990972, "typical_volume": 38533242.85, "trend": 9.756607, "fair_value": 9.58061, "relative_strength": -30.003801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.611293, "energy": 68.390886, "activity_lines": [ 6.301622, 6.502241, 7.399414, 8.413681 ] }, { "date": "2024-09-27", "close": 7.110968, "volume": 52498043, "typical_volume": 37447287.55, "trend": 9.598581, "fair_value": 9.569575, "relative_strength": -29.32059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.421769, "energy": 60.71188, "activity_lines": [ 6.564533, 6.563201, 7.29214, 8.242995 ] }, { "date": "2024-10-04", "close": 7.681219, "volume": 33427601, "typical_volume": 37073755.85, "trend": 9.45392, "fair_value": 9.562067, "relative_strength": -29.027959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.068284, "energy": 49.339053, "activity_lines": [ 6.966229, 6.755575, 7.255753, 8.119294 ] }, { "date": "2024-10-11", "close": 6.897982, "volume": 85128581, "typical_volume": 39882697.15, "trend": 9.258997, "fair_value": 9.548546, "relative_strength": -33.513083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.724288, "energy": 34.801115, "activity_lines": [ 7.021193, 6.78668, 7.157729, 7.954395 ] }, { "date": "2024-10-18", "close": 6.994169, "volume": 42587514, "typical_volume": 40877463.85, "trend": 9.043576, "fair_value": 9.544438, "relative_strength": -33.110173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.006737, "energy": 28.610169, "activity_lines": [ 7.073409, 6.83927, 7.083297, 7.808277 ] }, { "date": "2024-10-25", "close": 7.234636, "volume": 56182763, "typical_volume": 41910621.55, "trend": 8.850844, "fair_value": 9.541915, "relative_strength": -31.30112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.391954, "energy": 27.550082, "activity_lines": [ 7.154481, 6.935207, 7.045094, 7.691571 ] }, { "date": "2024-11-01", "close": 7.990391, "volume": 122036308, "typical_volume": 47266401.45, "trend": 8.680595, "fair_value": 9.544927, "relative_strength": -23.186725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.411596, "energy": 12.701278, "activity_lines": [ 7.423346, 7.160185, 7.091501, 7.636058 ] }, { "date": "2024-11-08", "close": 8.196506, "volume": 146276176, "typical_volume": 53716241.15, "trend": 8.517893, "fair_value": 9.548957, "relative_strength": -25.018553, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.619816, "energy": 23.767946, "activity_lines": [ 7.702288, 7.392658, 7.165702, 7.604826 ] }, { "date": "2024-11-15", "close": 7.688089, "volume": 68844511, "typical_volume": 56483580.4, "trend": 8.341857, "fair_value": 9.544856, "relative_strength": -26.789138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.759892, "energy": 22.470657, "activity_lines": [ 7.777406, 7.499962, 7.197634, 7.551291 ] }, { "date": "2024-11-22", "close": 7.55068, "volume": 49123044, "typical_volume": 57743148.0, "trend": 8.158305, "fair_value": 9.53608, "relative_strength": -26.343077, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.096899, "energy": 21.544699, "activity_lines": [ 7.754046, 7.558424, 7.223774, 7.500247 ] }, { "date": "2024-11-29", "close": 8.169024, "volume": 60278103, "typical_volume": 59601847.8, "trend": 8.008684, "fair_value": 9.535235, "relative_strength": -21.368837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.165701, "energy": 24.262045, "activity_lines": [ 7.899701, 7.705203, 7.316886, 7.500939 ] }, { "date": "2024-12-06", "close": 8.278952, "volume": 103283579, "typical_volume": 63765810.65, "trend": 7.931581, "fair_value": 9.533584, "relative_strength": -21.746435, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.431309, "energy": 28.394789, "activity_lines": [ 8.019705, 7.837491, 7.423117, 7.518375 ] }, { "date": "2024-12-13", "close": 9.529382, "volume": 185152543, "typical_volume": 69331669.6, "trend": 7.902479, "fair_value": 9.540769, "relative_strength": -9.381945, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.586701, "energy": 54.512957, "activity_lines": [ 8.537283, 8.175894, 7.650138, 7.621459 ] }, { "date": "2024-12-20", "close": 8.368269, "volume": 198457432, "typical_volume": 75253488.95, "trend": 7.850475, "fair_value": 9.540037, "relative_strength": -19.382669, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.239062, "energy": 41.185418, "activity_lines": [ 8.578964, 8.269583, 7.752835, 7.65151 ] }, { "date": "2024-12-27", "close": 9.165247, "volume": 174222632, "typical_volume": 81229637.25, "trend": 7.829553, "fair_value": 9.544284, "relative_strength": -12.206938, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.212915, "energy": 48.908197, "activity_lines": [ 8.840959, 8.481444, 7.925481, 7.736334 ] }, { "date": "2025-01-03", "close": 8.567512, "volume": 175622850, "typical_volume": 88367709.75, "trend": 7.785546, "fair_value": 9.546596, "relative_strength": -12.726688, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.898059, "energy": 37.891538, "activity_lines": [ 8.796071, 8.545153, 8.030763, 7.783944 ] }, { "date": "2025-01-10", "close": 7.186542, "volume": 116878217, "typical_volume": 92733813.5, "trend": 7.701601, "fair_value": 9.53997, "relative_strength": -25.267879, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.381321, "energy": 16.590684, "activity_lines": [ 8.264295, 8.333541, 7.995986, 7.745299 ] }, { "date": "2025-01-17", "close": 7.591903, "volume": 89571530, "typical_volume": 94928489.35, "trend": 7.638393, "fair_value": 9.535856, "relative_strength": -22.25478, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.90891, "energy": 15.526118, "activity_lines": [ 7.940465, 8.210247, 7.995789, 7.738222 ] }, { "date": "2025-01-24", "close": 7.481974, "volume": 60604532, "typical_volume": 95337306.55, "trend": 7.580451, "fair_value": 9.529572, "relative_strength": -22.987248, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.256965, "energy": 18.159635, "activity_lines": [ 7.709159, 8.077959, 7.979431, 7.72813 ] }, { "date": "2025-01-31", "close": 7.440752, "volume": 9189180, "typical_volume": 93017805.55, "trend": 7.52022, "fair_value": 9.520781, "relative_strength": -22.725479, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.821312, "energy": 18.392248, "activity_lines": [ 7.523197, 7.941923, 7.953879, 7.719117 ] }, { "date": "2025-02-07", "close": 8.024744, "volume": 44629489, "typical_volume": 93699731.4, "trend": 7.49686, "fair_value": 9.517501, "relative_strength": -17.380798, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.016697, "energy": 13.850041, "activity_lines": [ 7.646867, 7.914066, 7.978155, 7.751667 ] }, { "date": "2025-02-14", "close": 8.169024, "volume": 208726998, "typical_volume": 101511179.15, "trend": 7.481287, "fair_value": 9.511222, "relative_strength": -16.222344, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.658374, "energy": 10.184301, "activity_lines": [ 7.854814, 7.915066, 8.007829, 7.795033 ] }, { "date": "2025-02-21", "close": 8.093448, "volume": 94010347, "typical_volume": 104540316.45, "trend": 7.52961, "fair_value": 9.507046, "relative_strength": -16.98249, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.519946, "energy": 13.63257, "activity_lines": [ 7.97207, 7.904323, 8.025267, 7.834527 ] }, { "date": "2025-02-28", "close": 8.107189, "volume": 120990450, "typical_volume": 106333409.9, "trend": 7.562588, "fair_value": 9.508133, "relative_strength": -14.544124, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.842639, "energy": 18.684145, "activity_lines": [ 8.06047, 7.922186, 8.042051, 7.87179 ] }, { "date": "2025-03-07", "close": 7.949167, "volume": 68104934, "typical_volume": 107609280.9, "trend": 7.595108, "fair_value": 9.506654, "relative_strength": -16.600653, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.405695, "energy": 17.38268, "activity_lines": [ 8.054515, 7.916065, 8.038026, 7.896731 ] }, { "date": "2025-03-14", "close": 8.450715, "volume": 70703815, "typical_volume": 108335333.5, "trend": 7.650988, "fair_value": 9.507011, "relative_strength": -11.533517, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.652764, "energy": 24.842374, "activity_lines": [ 8.181849, 8.023244, 8.077221, 7.951931 ] }, { "date": "2025-03-21", "close": 8.53316, "volume": 90423172, "typical_volume": 106754676.7, "trend": 7.724045, "fair_value": 9.509232, "relative_strength": -8.027793, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.033458, "energy": 37.357367, "activity_lines": [ 8.308266, 8.147538, 8.118477, 8.008845 ] }, { "date": "2025-03-28", "close": 7.84611, "volume": 80931473, "typical_volume": 103487441.55, "trend": 7.772367, "fair_value": 9.506705, "relative_strength": -13.927755, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.365225, "energy": 22.259906, "activity_lines": [ 8.181391, 8.122429, 8.091714, 8.01672 ] }, { "date": "2025-04-04", "close": 8.024744, "volume": 37401831, "typical_volume": 101915307.55, "trend": 7.827331, "fair_value": 9.510109, "relative_strength": -10.542884, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.217993, "energy": 20.623152, "activity_lines": [ 8.130549, 8.125178, 8.083633, 8.033003 ] }, { "date": "2025-04-11", "close": 8.629348, "volume": 189235355, "typical_volume": 108920923.1, "trend": 7.907487, "fair_value": 9.520407, "relative_strength": 0.479526, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.146562, "energy": 27.760148, "activity_lines": [ 8.286739, 8.227985, 8.131531, 8.084746 ] }, { "date": "2025-04-18", "close": 9.302656, "volume": 196626232, "typical_volume": 115738329.55, "trend": 8.008483, "fair_value": 9.534677, "relative_strength": 8.138186, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.222337, "energy": 48.549736, "activity_lines": [ 8.622019, 8.431602, 8.238416, 8.174757 ] }, { "date": "2025-04-25", "close": 8.629348, "volume": 157611712, "typical_volume": 118454736.2, "trend": 8.059096, "fair_value": 9.540706, "relative_strength": 0.942771, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.020768, "energy": 47.915817, "activity_lines": [ 8.676067, 8.489564, 8.275778, 8.214813 ] }, { "date": "2025-05-02", "close": 8.423232, "volume": 54898200, "typical_volume": 111942019.05, "trend": 8.08383, "fair_value": 9.546018, "relative_strength": 0.132596, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.291435, "energy": 47.125719, "activity_lines": [ 8.654997, 8.501681, 8.291842, 8.238305 ] }, { "date": "2025-05-09", "close": 8.51942, "volume": 56050407, "typical_volume": 104821667.8, "trend": 8.137878, "fair_value": 9.54427, "relative_strength": -0.026222, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.330247, "energy": 39.307729, "activity_lines": [ 8.627515, 8.525291, 8.322334, 8.266408 ] }, { "date": "2025-05-16", "close": 8.436974, "volume": 43886643, "typical_volume": 98304868.35, "trend": 8.185971, "fair_value": 9.541995, "relative_strength": -1.151376, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.25715, "energy": 21.558657, "activity_lines": [ 8.539573, 8.526415, 8.344255, 8.285704 ] }, { "date": "2025-05-23", "close": 8.052224, "volume": 52808981, "typical_volume": 92164174.9, "trend": 8.213224, "fair_value": 9.526214, "relative_strength": -4.53502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.315722, "energy": 12.054368, "activity_lines": [ 8.336206, 8.448716, 8.333, 8.277075 ] }, { "date": "2025-05-30", "close": 8.2446, "volume": 28988342, "typical_volume": 87769681.15, "trend": 8.221698, "fair_value": 9.518953, "relative_strength": -1.695906, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.065717, "energy": 13.630251, "activity_lines": [ 8.280326, 8.413239, 8.34252, 8.2791 ] }, { "date": "2025-06-06", "close": 8.347656, "volume": 27203552, "typical_volume": 84651282.25, "trend": 8.226736, "fair_value": 9.507912, "relative_strength": -0.991818, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.692586, "energy": 14.094448, "activity_lines": [ 8.284448, 8.401746, 8.356818, 8.287226 ] }, { "date": "2025-06-13", "close": 8.175895, "volume": 32099480, "typical_volume": 83226029.65, "trend": 8.242996, "fair_value": 9.500686, "relative_strength": -2.200548, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.570079, "energy": 10.38349, "activity_lines": [ 8.236355, 8.349905, 8.351158, 8.283946 ] }, { "date": "2025-06-20", "close": 7.866416, "volume": 23144240, "typical_volume": 83923782.65, "trend": 8.253521, "fair_value": 9.493976, "relative_strength": -4.814719, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.493555, "energy": 19.550471, "activity_lines": [ 8.108003, 8.239047, 8.312719, 8.25965 ] }, { "date": "2025-06-27", "close": 8.231641, "volume": 26735111, "typical_volume": 83029063.75, "trend": 8.255608, "fair_value": 9.490255, "relative_strength": -1.726409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.008798, "energy": 14.910855, "activity_lines": [ 8.139431, 8.208465, 8.307037, 8.258239 ] }, { "date": "2025-07-04", "close": 8.372114, "volume": 42111618, "typical_volume": 74698294.75, "trend": 8.258714, "fair_value": 9.48903, "relative_strength": -0.86964, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.462996, "energy": 7.069846, "activity_lines": [ 8.205722, 8.222897, 8.313748, 8.265755 ] }, { "date": "2025-07-11", "close": 8.421278, "volume": 35433140, "typical_volume": 71769434.4, "trend": 8.221777, "fair_value": 9.491008, "relative_strength": -0.94195, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.781319, "energy": 13.10021, "activity_lines": [ 8.2799, 8.250944, 8.324174, 8.276243 ] }, { "date": "2025-07-18", "close": 8.414255, "volume": 35244309, "typical_volume": 67482127.35, "trend": 8.22331, "fair_value": 9.492554, "relative_strength": -1.301435, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.58108, "energy": 18.82649, "activity_lines": [ 8.346828, 8.27775, 8.33237, 8.288661 ] }, { "date": "2025-07-25", "close": 8.554728, "volume": 35131515, "typical_volume": 65833456.4, "trend": 8.202959, "fair_value": 9.493405, "relative_strength": -1.37072, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.691676, "energy": 30.483581, "activity_lines": [ 8.444691, 8.332009, 8.352483, 8.310043 ] }, { "date": "2025-08-01", "close": 8.582821, "volume": 37232153, "typical_volume": 64159873.3, "trend": 8.203469, "fair_value": 9.495686, "relative_strength": -0.078977, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.925331, "energy": 45.108522, "activity_lines": [ 8.50603, 8.389235, 8.372387, 8.33455 ] }, { "date": "2025-08-08", "close": 8.969118, "volume": 121549983, "typical_volume": 65716213.85, "trend": 8.262888, "fair_value": 9.503721, "relative_strength": 2.233684, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.355421, "energy": 60.603097, "activity_lines": [ 8.672723, 8.507049, 8.428453, 8.383947 ] }, { "date": "2025-08-15", "close": 8.842694, "volume": 61995095, "typical_volume": 64769394.95, "trend": 8.304582, "fair_value": 9.507453, "relative_strength": -0.919114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.605175, "energy": 60.5973, "activity_lines": [ 8.757474, 8.588703, 8.470402, 8.421354 ] }, { "date": "2025-08-22", "close": 9.362439, "volume": 110276393, "typical_volume": 68413123.05, "trend": 8.367264, "fair_value": 9.515033, "relative_strength": 1.185826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.382666, "energy": 72.392671, "activity_lines": [ 8.98738, 8.755857, 8.557105, 8.489603 ] }, { "date": "2025-08-29", "close": 9.039354, "volume": 101005184, "typical_volume": 64001614.5, "trend": 8.42055, "fair_value": 9.523217, "relative_strength": -3.191787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.300078, "energy": 64.32624, "activity_lines": [ 9.046378, 8.842694, 8.606668, 8.532963 ] }, { "date": "2025-09-05", "close": 9.193874, "volume": 87471267, "typical_volume": 58543866.25, "trend": 8.459521, "fair_value": 9.531787, "relative_strength": -0.44814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.222064, "energy": 60.950572, "activity_lines": [ 9.124574, 8.936299, 8.668994, 8.582855 ] }, { "date": "2025-09-12", "close": 10.542401, "volume": 183828067, "typical_volume": 59854684.0, "trend": 8.538634, "fair_value": 9.549217, "relative_strength": 12.065517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.463773, "energy": 77.657152, "activity_lines": [ 9.611542, 9.257596, 8.86027, 8.717235 ] }, { "date": "2025-09-19", "close": 9.559099, "volume": 184892312, "typical_volume": 66354389.6, "trend": 8.587489, "fair_value": 9.551849, "relative_strength": 2.785497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.986735, "energy": 50.189655, "activity_lines": [ 9.665858, 9.360651, 8.948788, 8.783071 ] }, { "date": "2025-09-26", "close": 9.08852, "volume": 95940786, "typical_volume": 68348908.55, "trend": 8.6202, "fair_value": 9.549308, "relative_strength": -2.533811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.722236, "energy": 39.930978, "activity_lines": [ 9.515553, 9.357459, 8.987081, 8.815396 ] }, { "date": "2025-10-03", "close": 9.179826, "volume": 20987003, "typical_volume": 67203926.55, "trend": 8.661222, "fair_value": 9.54442, "relative_strength": -2.988321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.546898, "energy": 35.767068, "activity_lines": [ 9.413946, 9.358608, 9.031359, 8.851501 ] }, { "date": "2025-10-10", "close": 9.025307, "volume": 24122011, "typical_volume": 65769578.05, "trend": 8.680375, "fair_value": 9.539707, "relative_strength": -5.099015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.378007, "energy": 17.997448, "activity_lines": [ 9.251467, 9.320298, 9.057384, 8.87499 ] }, { "date": "2025-10-17", "close": 9.179826, "volume": 64101246, "typical_volume": 67525223.25, "trend": 8.701931, "fair_value": 9.534216, "relative_strength": -2.224267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.662451, "energy": 17.834906, "activity_lines": [ 9.151732, 9.302036, 9.093491, 8.907213 ] }, { "date": "2025-10-24", "close": 9.432676, "volume": 52987207, "typical_volume": 68814406.0, "trend": 8.754816, "fair_value": 9.537762, "relative_strength": -2.492726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.638938, "energy": 16.35287, "activity_lines": [ 9.227118, 9.325917, 9.149225, 8.954357 ] }, { "date": "2025-10-31", "close": 9.397557, "volume": 40622631, "typical_volume": 69240563.55, "trend": 8.800577, "fair_value": 9.541601, "relative_strength": -2.915594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.482784, "energy": 17.568213, "activity_lines": [ 9.299227, 9.332685, 9.196449, 8.995825 ] }, { "date": "2025-11-07", "close": 9.502911, "volume": 45433501, "typical_volume": 70355026.6, "trend": 8.829695, "fair_value": 9.536973, "relative_strength": -2.879714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.424204, "energy": 26.051572, "activity_lines": [ 9.385851, 9.35797, 9.247888, 9.041136 ] }, { "date": "2025-11-14", "close": 9.882185, "volume": 85357512, "typical_volume": 73286146.65, "trend": 8.849013, "fair_value": 9.540081, "relative_strength": 1.041743, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.328955, "energy": 37.105444, "activity_lines": [ 9.577361, 9.443785, 9.327656, 9.109039 ] }, { "date": "2025-11-21", "close": 9.106712, "volume": 44008862, "typical_volume": 73381008.85, "trend": 8.864925, "fair_value": 9.531146, "relative_strength": -3.157487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.972011, "energy": 24.912199, "activity_lines": [ 9.453255, 9.376091, 9.325709, 9.125665 ] }, { "date": "2025-11-28", "close": 9.835532, "volume": 58667726, "typical_volume": 74542738.15, "trend": 8.912002, "fair_value": 9.528262, "relative_strength": 3.08894, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.379029, "energy": 33.40014, "activity_lines": [ 9.576963, 9.467013, 9.389676, 9.188285 ] }, { "date": "2025-12-05", "close": 9.481736, "volume": 51576727, "typical_volume": 75359359.05, "trend": 8.944079, "fair_value": 9.524448, "relative_strength": -0.979169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.838091, "energy": 25.398425, "activity_lines": [ 9.555882, 9.488582, 9.413214, 9.225042 ] }, { "date": "2025-12-12", "close": 9.163321, "volume": 92450684, "typical_volume": 78225317.5, "trend": 8.968291, "fair_value": 9.520575, "relative_strength": -3.630722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.835995, "energy": 12.967113, "activity_lines": [ 9.42305, 9.445108, 9.401343, 9.239186 ] }, { "date": "2025-12-19", "close": 10.35915, "volume": 114756005, "typical_volume": 82101510.1, "trend": 9.045188, "fair_value": 9.517038, "relative_strength": 8.76238, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.86355, "energy": 42.368364, "activity_lines": [ 9.711468, 9.619358, 9.500462, 9.328919 ] }, { "date": "2025-12-26", "close": 9.892139, "volume": 80443027, "typical_volume": 80046162.3, "trend": 9.100106, "fair_value": 9.509214, "relative_strength": 2.100589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.424542, "energy": 40.339331, "activity_lines": [ 9.812417, 9.684445, 9.546646, 9.383561 ] }, { "date": "2026-01-02", "close": 9.587874, "volume": 32229261, "typical_volume": 78557870.6, "trend": 9.141447, "fair_value": 9.500517, "relative_strength": -0.97218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.24252, "energy": 34.255646, "activity_lines": [ 9.759584, 9.68126, 9.559457, 9.41503 ] }, { "date": "2026-01-09", "close": 9.920444, "volume": 64288993, "typical_volume": 76258500.6, "trend": 9.199598, "fair_value": 9.498868, "relative_strength": -1.415165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.150258, "energy": 44.629106, "activity_lines": [ 9.834117, 9.73572, 9.600392, 9.465288 ] }, { "date": "2026-01-16", "close": 13.316886, "volume": 168771904, "typical_volume": 79646836.6, "trend": 9.381281, "fair_value": 9.504287, "relative_strength": 31.994121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.830558, "energy": 81.847972, "activity_lines": [ 11.01155, 10.398209, 9.962141, 9.730919 ] }, { "date": "2026-01-23", "close": 16.246319, "volume": 290259532, "typical_volume": 89786249.85, "trend": 9.648437, "fair_value": 9.528009, "relative_strength": 57.689868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.204792, "energy": 97.750237, "activity_lines": [ 12.888557, 11.523976, 10.582514, 10.173825 ] }, { "date": "2026-01-30", "close": 15.000956, "volume": 232609463, "typical_volume": 92225319.65, "trend": 9.869398, "fair_value": 9.546336, "relative_strength": 44.733481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.697199, "energy": 93.931664, "activity_lines": [ 13.957965, 12.307602, 11.050699, 10.519149 ] }, { "date": "2026-02-06", "close": 15.977433, "volume": 277549559, "typical_volume": 96858182.0, "trend": 10.12127, "fair_value": 9.575278, "relative_strength": 54.37008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.144918, "energy": 92.775711, "activity_lines": [ 15.012277, 13.161602, 11.590649, 10.913216 ] }, { "date": "2026-02-13", "close": 14.583476, "volume": 195634695, "typical_volume": 101842877.45, "trend": 10.32691, "fair_value": 9.593775, "relative_strength": 39.14334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.654142, "energy": 86.171177, "activity_lines": [ 15.175967, 13.650484, 11.967279, 11.2011 ] }, { "date": "2026-02-27", "close": 14.845285, "volume": 97035551, "typical_volume": 105645304.85, "trend": 10.536596, "fair_value": 9.614381, "relative_strength": 37.68427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.066153, "energy": 61.770148, "activity_lines": [ 15.116057, 14.094208, 12.342676, 11.492608 ] }, { "date": "2026-03-06", "close": 13.77682, "volume": 68221658, "typical_volume": 107850287.2, "trend": 10.709729, "fair_value": 9.630984, "relative_strength": 28.117872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.120285, "energy": 52.244679, "activity_lines": [ 14.598099, 14.240358, 12.589337, 11.701655 ] }, { "date": "2026-03-13", "close": 13.670683, "volume": 51623240, "typical_volume": 107226386.9, "trend": 10.866448, "fair_value": 9.645225, "relative_strength": 27.10353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.332144, "energy": 37.001644, "activity_lines": [ 14.209396, 14.305071, 12.803263, 11.892684 ] }, { "date": "2026-03-20", "close": 12.559762, "volume": 38692465, "typical_volume": 106511649.8, "trend": 10.99035, "fair_value": 9.649197, "relative_strength": 20.240087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.594102, "energy": 25.687015, "activity_lines": [ 13.53907, 14.099097, 12.890001, 12.00193 ] }, { "date": "2026-03-27", "close": 12.397017, "volume": 43421358, "typical_volume": 106651586.15, "trend": 11.091503, "fair_value": 9.656351, "relative_strength": 19.446389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.537108, "energy": 24.027305, "activity_lines": [ 13.04234, 13.809499, 12.94635, 12.092683 ] }, { "date": "2026-04-03", "close": 11.717728, "volume": 27033442, "typical_volume": 105731583.2, "trend": 11.180782, "fair_value": 9.662127, "relative_strength": 13.322063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.830908, "energy": 21.193457, "activity_lines": [ 12.464945, 13.351365, 12.923721, 12.133084 ] }, { "date": "2026-04-10", "close": 12.248423, "volume": 43966175, "typical_volume": 103662016.35, "trend": 11.2826, "fair_value": 9.672468, "relative_strength": 14.744684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.490316, "energy": 21.335794, "activity_lines": [ 12.272952, 13.018797, 12.941087, 12.201965 ] }, { "date": "2026-04-17", "close": 12.595141, "volume": 57672621, "typical_volume": 104345204.3, "trend": 11.351025, "fair_value": 9.679513, "relative_strength": 15.724932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.2194, "energy": 15.227263, "activity_lines": [ 12.298425, 12.821958, 12.980207, 12.286645 ] }, { "date": "2026-04-24", "close": 11.823867, "volume": 43555038, "typical_volume": 103589569.9, "trend": 11.426517, "fair_value": 9.684891, "relative_strength": 7.834599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.404213, "energy": 13.436323, "activity_lines": [ 12.138509, 12.528629, 12.92926, 12.317151 ] }, { "date": "2026-05-01", "close": 12.283802, "volume": 44921507, "typical_volume": 103256808.9, "trend": 11.533026, "fair_value": 9.695933, "relative_strength": 10.858221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.275522, "energy": 11.833707, "activity_lines": [ 12.180965, 12.394443, 12.912649, 12.372459 ] }, { "date": "2026-05-08", "close": 12.779117, "volume": 44249082, "typical_volume": 100846728.8, "trend": 11.653003, "fair_value": 9.704287, "relative_strength": 13.063711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.101906, "energy": 11.619195, "activity_lines": [ 12.396073, 12.392128, 12.929867, 12.452852 ] }, { "date": "2026-05-15", "close": 12.255497, "volume": 52013514, "typical_volume": 97709604.25, "trend": 11.760676, "fair_value": 9.707343, "relative_strength": 9.277406, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 16.945884, "energy": 16.568658, "activity_lines": [ 12.365882, 12.332175, 12.879999, 12.491723 ] }, { "date": "2026-05-22", "close": 11.689425, "volume": 89075273, "typical_volume": 98141216.55, "trend": 11.844329, "fair_value": 9.706469, "relative_strength": 4.550299, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.48285, "energy": 11.149373, "activity_lines": [ 12.146529, 12.196961, 12.767188, 12.487126 ] }, { "date": "2026-05-29", "close": 11.54083, "volume": 52709255, "typical_volume": 99165216.25, "trend": 11.914601, "fair_value": 9.703435, "relative_strength": 4.028189, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.736498, "energy": 19.184364, "activity_lines": [ 11.938025, 12.070752, 12.631668, 12.467545 ] }, { "date": "2026-06-05", "close": 10.847389, "volume": 42723800, "typical_volume": 98086956.6, "trend": 11.962929, "fair_value": 9.699707, "relative_strength": -1.391301, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.818102, "energy": 47.085086, "activity_lines": [ 11.517243, 11.836989, 12.420805, 12.398693 ] }, { "date": "2026-06-12", "close": 10.734175, "volume": 51572222, "typical_volume": 92226972.5, "trend": 12.003971, "fair_value": 9.699221, "relative_strength": -2.646767, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.805444, "energy": 56.99442, "activity_lines": [ 11.154485, 11.610817, 12.194746, 12.319419 ] }, { "date": "2026-06-19", "close": 10.741251, "volume": 41033628, "typical_volume": 79765677.3, "trend": 12.032606, "fair_value": 9.698133, "relative_strength": -4.125056, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.848712, "energy": 60.249981, "activity_lines": [ 10.930414, 11.403814, 11.98166, 12.237953 ] }, { "date": "2026-06-26", "close": 10.0, "volume": 56361465, "typical_volume": 70953277.4, "trend": 12.062383, "fair_value": 9.69238, "relative_strength": -9.430445, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.232968, "energy": 66.49142, "activity_lines": [ 10.560209, 11.089442, 11.724193, 12.106817 ] }, { "date": "2026-07-03", "close": 10.34, "volume": 6459040, "typical_volume": 57398751.45, "trend": 12.079198, "fair_value": 9.695539, "relative_strength": -6.830484, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.391367, "energy": 71.118462, "activity_lines": [ 10.415966, 10.884072, 11.522921, 11.995695 ] }, { "date": "2026-07-10", "close": 9.51, "volume": 32824682, "typical_volume": 49258250.8, "trend": 12.08014, "fair_value": 9.696287, "relative_strength": -13.272097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.027374, "energy": 75.75289, "activity_lines": [ 10.075112, 10.554772, 11.269446, 11.829941 ] }, { "date": "2026-07-17", "close": 8.6, "volume": 114093029, "typical_volume": 50111124.7, "trend": 12.061363, "fair_value": 9.692417, "relative_strength": -16.670131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.541886, "energy": 79.437771, "activity_lines": [ 9.520083, 10.11045, 10.953464, 11.605415 ] }, { "date": "2026-07-24", "close": 7.72, "volume": 119281244, "typical_volume": 52664104.0, "trend": 11.973391, "fair_value": 9.684035, "relative_strength": -25.993232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.555599, "energy": 86.116797, "activity_lines": [ 8.814, 9.582113, 10.583412, 11.325328 ] }, { "date": "2026-07-31", "close": 8.37, "volume": 83499949, "typical_volume": 54257939.45, "trend": 11.922653, "fair_value": 9.675435, "relative_strength": -20.029856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.877173, "energy": 82.233065, "activity_lines": [ 8.526, 9.254421, 10.304107, 11.092851 ] }, { "date": "2026-08-07", "close": 8.71, "volume": 50877907, "typical_volume": 54867211.55, "trend": 11.893391, "fair_value": 9.665497, "relative_strength": -18.943397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.412635, "energy": 77.6227, "activity_lines": [ 8.46, 9.0489, 10.082424, 10.885583 ] } ], "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." } } }