{
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    "name": "Nam Cheong Limited",
    "exchange": "SES",
    "country": "SG",
    "assetType": "equity"
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        "date": "2026-06-05",
        "close": 1.21,
        "volume": 951000,
        "typical_volume": 12462790.0,
        "trend": 1.221667,
        "fair_value": 0.629927,
        "relative_strength": 14.043452,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.073301,
        "energy": 25.55771,
        "activity_lines": [
          1.309333,
          1.392727,
          1.413952,
          1.344258
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.16,
        "volume": 1901700,
        "typical_volume": 11725370.0,
        "trend": 1.232667,
        "fair_value": 0.634202,
        "relative_strength": 8.780246,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -18.804521,
        "energy": 34.748292,
        "activity_lines": [
          1.245333,
          1.341636,
          1.392762,
          1.34028
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.21,
        "volume": 1017400,
        "typical_volume": 10604515.0,
        "trend": 1.244,
        "fair_value": 0.638808,
        "relative_strength": 8.70591,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.01266,
        "energy": 56.48349,
        "activity_lines": [
          1.22,
          1.304727,
          1.375952,
          1.338817
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.1,
        "volume": 1812400,
        "typical_volume": 9745030.0,
        "trend": 1.253167,
        "fair_value": 0.642468,
        "relative_strength": -1.990083,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.676104,
        "energy": 69.898088,
        "activity_lines": [
          1.171333,
          1.253273,
          1.348571,
          1.329527
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.13,
        "volume": 1343300,
        "typical_volume": 9149265.0,
        "trend": 1.263333,
        "fair_value": 0.646307,
        "relative_strength": -1.103919,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.995375,
        "energy": 66.772433,
        "activity_lines": [
          1.147333,
          1.216909,
          1.324762,
          1.321581
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.11,
        "volume": 7082500,
        "typical_volume": 9296575.0,
        "trend": 1.272167,
        "fair_value": 0.64993,
        "relative_strength": -7.459435,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.954772,
        "energy": 70.029081,
        "activity_lines": [
          1.13,
          1.184364,
          1.299714,
          1.311688
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.09,
        "volume": 7249400,
        "typical_volume": 8595320.0,
        "trend": 1.2805,
        "fair_value": 0.653341,
        "relative_strength": -10.28438,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.640979,
        "energy": 73.263757,
        "activity_lines": [
          1.112667,
          1.155818,
          1.273667,
          1.299935
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.21,
        "volume": 8460300,
        "typical_volume": 8052380.0,
        "trend": 1.292167,
        "fair_value": 0.657623,
        "relative_strength": -2.229146,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.79165,
        "energy": 47.358281,
        "activity_lines": [
          1.14,
          1.156364,
          1.260476,
          1.295387
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.12,
        "volume": 4419800,
        "typical_volume": 7623775.0,
        "trend": 1.296667,
        "fair_value": 0.661153,
        "relative_strength": -10.477508,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.116434,
        "energy": 49.561316,
        "activity_lines": [
          1.137333,
          1.144182,
          1.239667,
          1.28428
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.09,
        "volume": 3696900,
        "typical_volume": 7036865.0,
        "trend": 1.297667,
        "fair_value": 0.664402,
        "relative_strength": -14.182766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.881285,
        "energy": 49.120377,
        "activity_lines": [
          1.123333,
          1.130182,
          1.217048,
          1.270946
        ]
      }
    ],
    "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."
    }
  }
}