{ "ticker": { "uuid": "f88a8526-0e7a-463f-9455-be6e2c55e065", "symbol": "605500", "name": "Forest Packaging 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": -51.909, "architecture_energy": 45.449, "architecture_maturity": 67.472, "architecture_confidence": 67.283, "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": 14.15, "rotation_up": 24.05, "upward_expansion": 18.36, "deceleration": 66.73, "rotation_down": 50.42, "downward_expansion": 70.69 }, "activity_lines": [ 6.523333, 6.504151, 7.27356, 7.74971 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 6.85, "trend_reference": 8.280758, "distance_from_trend": -0.172781, "trend_direction": "Weakening", "fair_value": 7.620888, "distance_from_fair_value": -0.101155, "fair_value_direction": "Weakening", "relative_strength": -21.03187, "relative_strength_direction": "Weakening", "price_momentum": -0.235491, "excess_performance": -0.192287, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.172781, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.089408, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.101155, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.314387, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.210319, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.13977, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.235491, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.472659, "read": "Supply-led" } ], "volume": { "latest": 25114434, "relative_activity": 0.856961, "balance": 0.472659, "dry_up": 0.920273, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.126205, "annualized_volatility": 0.497428, "from_high_reference": -0.446543, "from_low_reference": 0.161017 }, "levels": { "trend_reference": 8.280758, "fair_value_reference": 7.620888, "structural_low": 5.9, "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": 13, "median_return": 0.02679, "positive_rate": 0.615385, "directional_follow_through": 0.384615, "median_excess_return": 0.032269, "regime_survival": 0.615385, "best_return": 0.160742, "worst_return": -0.13715, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.096492, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.060487, "regime_survival": 0.166667, "best_return": 1.02519, "worst_return": -0.069444, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.082002, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.004006, "regime_survival": 0.4, "best_return": 0.360113, "worst_return": -0.297009, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.13762, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.086759, "regime_survival": 0.0, "best_return": 0.331872, "worst_return": 0.113777, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-09-27", "tenure": "Established", "return": 0.100013, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.042076, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.078512, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-11", "tenure": "Established", "return": -0.004559, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.035191, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-27", "tenure": "Developing", "return": 0.024359, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.099338, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-12-05", "tenure": "Established", "return": -0.131244, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.031432, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-01-30", "tenure": "Developing", "return": -0.042735, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-05-15", "tenure": "Established", "return": 0.003996, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.181985, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.044222, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.037879, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.352586, "volume": 5128099, "typical_volume": 4447485.25, "trend": 7.033211, "fair_value": 7.312977, "relative_strength": 3.526755, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.418409, "energy": 68.182028, "activity_lines": [ 7.250732, 7.133196, 7.043984, 7.039131 ] }, { "date": "2023-08-04", "close": 7.304842, "volume": 5724266, "typical_volume": 4453222.65, "trend": 7.05348, "fair_value": 7.312916, "relative_strength": 2.409396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.593796, "energy": 66.236051, "activity_lines": [ 7.280652, 7.175797, 7.073436, 7.056656 ] }, { "date": "2023-08-11", "close": 7.085219, "volume": 4898455, "typical_volume": 4489038.3, "trend": 7.05529, "fair_value": 7.311229, "relative_strength": 2.346394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.0898, "energy": 48.507186, "activity_lines": [ 7.225268, 7.174457, 7.080572, 7.058704 ] }, { "date": "2023-08-18", "close": 7.238, "volume": 5235244, "typical_volume": 4546631.55, "trend": 7.063307, "fair_value": 7.310691, "relative_strength": 6.290907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.297185, "energy": 34.565099, "activity_lines": [ 7.225905, 7.198937, 7.10251, 7.070491 ] }, { "date": "2023-08-25", "close": 6.83695, "volume": 5866632, "typical_volume": 4662470.6, "trend": 7.055059, "fair_value": 7.307233, "relative_strength": 2.553478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.903229, "energy": 10.857163, "activity_lines": [ 7.090312, 7.143554, 7.084884, 7.055888 ] }, { "date": "2023-09-01", "close": 7.428977, "volume": 10592836, "typical_volume": 4990396.05, "trend": 7.065209, "fair_value": 7.308115, "relative_strength": 8.758808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.16503, "energy": 21.801757, "activity_lines": [ 7.178798, 7.198416, 7.124151, 7.080011 ] }, { "date": "2023-09-08", "close": 7.285744, "volume": 11892933, "typical_volume": 5360061.1, "trend": 7.069247, "fair_value": 7.307954, "relative_strength": 7.023032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.23571, "energy": 21.726073, "activity_lines": [ 7.214446, 7.214562, 7.146736, 7.094239 ] }, { "date": "2023-09-15", "close": 7.276195, "volume": 7696442, "typical_volume": 5475819.4, "trend": 7.075418, "fair_value": 7.307727, "relative_strength": 6.675029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.546919, "energy": 25.016088, "activity_lines": [ 7.248185, 7.226021, 7.165225, 7.107591 ] }, { "date": "2023-09-22", "close": 7.371684, "volume": 7081309, "typical_volume": 5697689.9, "trend": 7.068063, "fair_value": 7.308181, "relative_strength": 7.344544, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.930257, "energy": 47.29439, "activity_lines": [ 7.301022, 7.252757, 7.190622, 7.126705 ] }, { "date": "2023-09-29", "close": 7.428977, "volume": 5857427, "typical_volume": 5777889.05, "trend": 7.073757, "fair_value": 7.309032, "relative_strength": 8.703461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.369089, "energy": 52.700025, "activity_lines": [ 7.364045, 7.286786, 7.219311, 7.14999 ] }, { "date": "2023-10-13", "close": 7.047024, "volume": 7491745, "typical_volume": 5931594.45, "trend": 7.073849, "fair_value": 7.3072, "relative_strength": 3.69574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.066711, "energy": 22.280757, "activity_lines": [ 7.260281, 7.247896, 7.209506, 7.148265 ] }, { "date": "2023-10-20", "close": 6.989731, "volume": 5386630, "typical_volume": 5986939.85, "trend": 7.073144, "fair_value": 7.304995, "relative_strength": 6.225471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.565182, "energy": 9.317754, "activity_lines": [ 7.162883, 7.204145, 7.194199, 7.142838 ] }, { "date": "2023-10-27", "close": 7.352586, "volume": 7098606, "typical_volume": 6139832.65, "trend": 7.080302, "fair_value": 7.305323, "relative_strength": 10.170225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.309997, "energy": 16.974517, "activity_lines": [ 7.206171, 7.232097, 7.213901, 7.160866 ] }, { "date": "2023-11-03", "close": 7.705892, "volume": 19219206, "typical_volume": 6870899.6, "trend": 7.105474, "fair_value": 7.308067, "relative_strength": 14.589013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.828298, "energy": 29.41436, "activity_lines": [ 7.362135, 7.319426, 7.265464, 7.201227 ] }, { "date": "2023-11-10", "close": 7.696344, "volume": 10310381, "typical_volume": 7162774.05, "trend": 7.130551, "fair_value": 7.310708, "relative_strength": 13.800315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.580597, "energy": 52.334816, "activity_lines": [ 7.492635, 7.396511, 7.312072, 7.239348 ] }, { "date": "2023-11-17", "close": 7.782282, "volume": 8602781, "typical_volume": 7467439.0, "trend": 7.163616, "fair_value": 7.313894, "relative_strength": 14.122334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.589101, "energy": 68.608528, "activity_lines": [ 7.633958, 7.473596, 7.363453, 7.281395 ] }, { "date": "2023-11-24", "close": 7.810929, "volume": 6924593, "typical_volume": 7503152.75, "trend": 7.203429, "fair_value": 7.31723, "relative_strength": 14.761387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.065393, "energy": 73.455368, "activity_lines": [ 7.735812, 7.549465, 7.412562, 7.323157 ] }, { "date": "2023-12-01", "close": 7.63905, "volume": 12696546, "typical_volume": 7832672.7, "trend": 7.230829, "fair_value": 7.319376, "relative_strength": 12.346897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.233298, "energy": 68.395168, "activity_lines": [ 7.725626, 7.584535, 7.442027, 7.351262 ] }, { "date": "2023-12-08", "close": 7.409879, "volume": 9760862, "typical_volume": 8106847.85, "trend": 7.247248, "fair_value": 7.319975, "relative_strength": 11.026829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.006462, "energy": 46.852046, "activity_lines": [ 7.619953, 7.571341, 7.447392, 7.362813 ] }, { "date": "2023-12-15", "close": 7.658148, "volume": 9284042, "typical_volume": 8337451.75, "trend": 7.269715, "fair_value": 7.3222, "relative_strength": 15.444121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.338876, "energy": 34.602124, "activity_lines": [ 7.61677, 7.602591, 7.475402, 7.389323 ] }, { "date": "2023-12-22", "close": 7.543562, "volume": 8492306, "typical_volume": 8505662.1, "trend": 7.28658, "fair_value": 7.323647, "relative_strength": 14.424647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.453368, "energy": 21.268204, "activity_lines": [ 7.577938, 7.608841, 7.490498, 7.40699 ] }, { "date": "2023-12-29", "close": 7.572208, "volume": 9963072, "typical_volume": 8717602.4, "trend": 7.302841, "fair_value": 7.325261, "relative_strength": 12.21144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.352969, "energy": 18.214879, "activity_lines": [ 7.564569, 7.611272, 7.507413, 7.425418 ] }, { "date": "2024-01-05", "close": 7.753636, "volume": 8125547, "typical_volume": 8878957.0, "trend": 7.328714, "fair_value": 7.328024, "relative_strength": 16.276557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.622623, "energy": 28.314734, "activity_lines": [ 7.627592, 7.636099, 7.540334, 7.454502 ] }, { "date": "2024-01-12", "close": 7.954162, "volume": 32366477, "typical_volume": 10235518.65, "trend": 7.365318, "fair_value": 7.332038, "relative_strength": 20.633928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.085214, "energy": 38.953689, "activity_lines": [ 7.749817, 7.690093, 7.589169, 7.494853 ] }, { "date": "2024-01-19", "close": 7.419427, "volume": 36369377, "typical_volume": 11760655.9, "trend": 7.379959, "fair_value": 7.317683, "relative_strength": 14.121578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.475442, "energy": 24.183693, "activity_lines": [ 7.657511, 7.642349, 7.583667, 7.498344 ] }, { "date": "2024-01-26", "close": 7.419427, "volume": 25924412, "typical_volume": 12527234.7, "trend": 7.402876, "fair_value": 7.311549, "relative_strength": 10.731576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.79894, "energy": 13.974278, "activity_lines": [ 7.581121, 7.59964, 7.575391, 7.50089 ] }, { "date": "2024-02-02", "close": 5.834324, "volume": 20929347, "typical_volume": 12979055.4, "trend": 7.359907, "fair_value": 7.297275, "relative_strength": -7.156708, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.677608, "energy": 49.064765, "activity_lines": [ 6.984638, 7.275327, 7.416199, 7.399693 ] }, { "date": "2024-02-09", "close": 5.442823, "volume": 29587442, "typical_volume": 14073605.4, "trend": 7.302614, "fair_value": 7.278989, "relative_strength": -17.293208, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.900798, "energy": 86.33466, "activity_lines": [ 6.373514, 6.915771, 7.226632, 7.276011 ] }, { "date": "2024-02-23", "close": 6.178082, "volume": 19484869, "typical_volume": 14693783.4, "trend": 7.268556, "fair_value": 7.268885, "relative_strength": -10.356475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.785553, "energy": 80.392238, "activity_lines": [ 6.16153, 6.729829, 7.115821, 7.20346 ] }, { "date": "2024-03-01", "close": 6.063496, "volume": 17471600, "typical_volume": 15274492.05, "trend": 7.229406, "fair_value": 7.258101, "relative_strength": -12.518575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.194326, "energy": 80.61088, "activity_lines": [ 6.029757, 6.545451, 6.99978, 7.125714 ] }, { "date": "2024-03-08", "close": 6.178082, "volume": 9968537, "typical_volume": 15398331.65, "trend": 7.190256, "fair_value": 7.248106, "relative_strength": -11.2009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.694339, "energy": 74.731435, "activity_lines": [ 6.026574, 6.410899, 6.901154, 7.057887 ] }, { "date": "2024-03-15", "close": 6.502741, "volume": 10084323, "typical_volume": 15633216.3, "trend": 7.163519, "fair_value": 7.241421, "relative_strength": -6.757436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.051428, "energy": 44.194678, "activity_lines": [ 6.214367, 6.360204, 6.837586, 7.013531 ] }, { "date": "2024-03-22", "close": 7.171159, "volume": 17390401, "typical_volume": 16147806.05, "trend": 7.166384, "fair_value": 7.236836, "relative_strength": 2.900736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.173605, "energy": 21.474564, "activity_lines": [ 6.580405, 6.450483, 6.839996, 7.014024 ] }, { "date": "2024-03-29", "close": 6.722364, "volume": 29586856, "typical_volume": 16666188.55, "trend": 7.149196, "fair_value": 7.229921, "relative_strength": -3.364917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.437163, "energy": 19.335275, "activity_lines": [ 6.681623, 6.469755, 6.800528, 6.985377 ] }, { "date": "2024-04-05", "close": 7.390781, "volume": 27624814, "typical_volume": 17531910.2, "trend": 7.167657, "fair_value": 7.224886, "relative_strength": 5.073689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.256133, "energy": 17.234906, "activity_lines": [ 6.96936, 6.632953, 6.829402, 7.000964 ] }, { "date": "2024-04-12", "close": 6.636425, "volume": 43438088, "typical_volume": 19273675.55, "trend": 7.141239, "fair_value": 7.217693, "relative_strength": -4.153731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.450298, "energy": 19.681683, "activity_lines": [ 6.91716, 6.659516, 6.787887, 6.966691 ] }, { "date": "2024-04-19", "close": 6.187631, "volume": 22253521, "typical_volume": 20040121.95, "trend": 7.104635, "fair_value": 7.205656, "relative_strength": -11.919957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.79553, "energy": 17.901423, "activity_lines": [ 6.684806, 6.618716, 6.709087, 6.905167 ] }, { "date": "2024-04-26", "close": 6.569583, "volume": 18189278, "typical_volume": 20314758.55, "trend": 7.081081, "fair_value": 7.192736, "relative_strength": -7.262929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.060453, "energy": 18.87905, "activity_lines": [ 6.600776, 6.640939, 6.674393, 6.870648 ] }, { "date": "2024-05-03", "close": 6.913341, "volume": 8425326, "typical_volume": 20247981.75, "trend": 7.065803, "fair_value": 7.183166, "relative_strength": -3.09993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.798738, "energy": 17.563845, "activity_lines": [ 6.671437, 6.705176, 6.67753, 6.859826 ] }, { "date": "2024-05-10", "close": 6.932438, "volume": 12059018, "typical_volume": 20386730.55, "trend": 7.049252, "fair_value": 7.172763, "relative_strength": -4.480769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.2621, "energy": 14.589969, "activity_lines": [ 6.735733, 6.759518, 6.684851, 6.851222 ] }, { "date": "2024-05-17", "close": 6.951536, "volume": 9692695, "typical_volume": 20446750.0, "trend": 7.046069, "fair_value": 7.164886, "relative_strength": -4.305424, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.070805, "energy": 9.05876, "activity_lines": [ 6.83695, 6.801533, 6.697446, 6.844918 ] }, { "date": "2024-05-24", "close": 6.626876, "volume": 8539492, "typical_volume": 20375571.0, "trend": 7.033974, "fair_value": 7.156375, "relative_strength": -6.85908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.276606, "energy": 11.607806, "activity_lines": [ 6.80894, 6.770456, 6.681941, 6.817873 ] }, { "date": "2024-05-31", "close": 6.569583, "volume": 7598756, "typical_volume": 20349231.45, "trend": 7.007874, "fair_value": 7.147524, "relative_strength": -7.591179, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.970298, "energy": 9.601305, "activity_lines": [ 6.73255, 6.726705, 6.665481, 6.787912 ] }, { "date": "2024-06-07", "close": 6.053947, "volume": 14347273, "typical_volume": 19448271.25, "trend": 6.952809, "fair_value": 7.136406, "relative_strength": -13.693109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.8232, "energy": 38.255128, "activity_lines": [ 6.48428, 6.600139, 6.60555, 6.726369 ] }, { "date": "2024-06-14", "close": 6.053947, "volume": 6665322, "typical_volume": 17963068.5, "trend": 6.898062, "fair_value": 7.12537, "relative_strength": -13.043239, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.842884, "energy": 54.222988, "activity_lines": [ 6.293304, 6.485727, 6.554669, 6.668377 ] }, { "date": "2024-06-21", "close": 5.882069, "volume": 7300567, "typical_volume": 17031876.25, "trend": 6.834722, "fair_value": 7.113068, "relative_strength": -14.425417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.468921, "energy": 67.960953, "activity_lines": [ 6.103601, 6.364371, 6.49392, 6.602829 ] }, { "date": "2024-06-28", "close": 5.87252, "volume": 8928434, "typical_volume": 16431830.6, "trend": 6.770108, "fair_value": 7.099612, "relative_strength": -13.568204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.863381, "energy": 72.337119, "activity_lines": [ 5.982013, 6.254993, 6.439583, 6.540752 ] }, { "date": "2024-07-05", "close": 5.843873, "volume": 5899489, "typical_volume": 15247432.95, "trend": 6.710269, "fair_value": 7.086474, "relative_strength": -13.390201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.578954, "energy": 72.832209, "activity_lines": [ 5.901166, 6.146137, 6.382336, 6.480995 ] }, { "date": "2024-07-12", "close": 6.245212, "volume": 10151702, "typical_volume": 14780774.6, "trend": 6.671447, "fair_value": 7.076103, "relative_strength": -8.012583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.551749, "energy": 58.20241, "activity_lines": [ 6.00248, 6.123446, 6.361401, 6.450991 ] }, { "date": "2024-07-19", "close": 6.039648, "volume": 6021658, "typical_volume": 14208277.5, "trend": 6.617497, "fair_value": 7.065416, "relative_strength": -11.2081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.047517, "energy": 41.944376, "activity_lines": [ 6.022521, 6.075527, 6.320569, 6.41023 ] }, { "date": "2024-07-26", "close": 6.078803, "volume": 5516417, "typical_volume": 13985671.5, "trend": 6.568671, "fair_value": 7.055008, "relative_strength": -7.712445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.612231, "energy": 32.416662, "activity_lines": [ 6.056567, 6.05096, 6.28358, 6.375475 ] }, { "date": "2024-08-02", "close": 6.117958, "volume": 6679865, "typical_volume": 13815448.6, "trend": 6.520196, "fair_value": 7.045631, "relative_strength": -7.43972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.03602, "energy": 25.494511, "activity_lines": [ 6.09055, 6.04938, 6.250793, 6.346397 ] }, { "date": "2024-08-09", "close": 6.108169, "volume": 5796404, "typical_volume": 13235748.75, "trend": 6.465348, "fair_value": 7.035912, "relative_strength": -6.107254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.083458, "energy": 25.241452, "activity_lines": [ 6.104906, 6.055273, 6.218906, 6.319815 ] }, { "date": "2024-08-16", "close": 6.029859, "volume": 5110588, "typical_volume": 12011935.35, "trend": 6.401204, "fair_value": 7.024996, "relative_strength": -7.766337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.147863, "energy": 24.627651, "activity_lines": [ 6.07554, 6.055318, 6.184623, 6.291719 ] }, { "date": "2024-08-23", "close": 5.843873, "volume": 5714118, "typical_volume": 10916400.55, "trend": 6.348686, "fair_value": 7.013666, "relative_strength": -9.693069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.187933, "energy": 35.574547, "activity_lines": [ 5.998535, 6.021985, 6.135924, 6.255762 ] }, { "date": "2024-08-30", "close": 6.049437, "volume": 5095966, "typical_volume": 8999294.45, "trend": 6.303019, "fair_value": 7.005297, "relative_strength": -5.971041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.824149, "energy": 31.028822, "activity_lines": [ 6.003103, 6.029846, 6.114169, 6.236456 ] }, { "date": "2024-09-06", "close": 5.980916, "volume": 4556643, "typical_volume": 8114450.55, "trend": 6.307906, "fair_value": 6.996989, "relative_strength": -4.411966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.879811, "energy": 35.761543, "activity_lines": [ 5.986789, 6.022206, 6.088683, 6.215675 ] }, { "date": "2024-09-13", "close": 5.863451, "volume": 5108070, "typical_volume": 7460390.15, "trend": 6.321927, "fair_value": 6.986398, "relative_strength": -3.985105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.992295, "energy": 46.561256, "activity_lines": [ 5.940456, 5.991238, 6.052995, 6.187 ] }, { "date": "2024-09-20", "close": 5.892817, "volume": 2951462, "typical_volume": 7186696.95, "trend": 6.312418, "fair_value": 6.976245, "relative_strength": -4.508028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.241902, "energy": 39.300585, "activity_lines": [ 5.920226, 5.965254, 6.023466, 6.159316 ] }, { "date": "2024-09-27", "close": 6.470352, "volume": 8216700, "typical_volume": 6994581.05, "trend": 6.32598, "fair_value": 6.968709, "relative_strength": -6.870109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.459467, "energy": 8.295659, "activity_lines": [ 6.101643, 6.050683, 6.053799, 6.169505 ] }, { "date": "2024-10-04", "close": 6.979366, "volume": 7042738, "typical_volume": 6862083.2, "trend": 6.352689, "fair_value": 6.964742, "relative_strength": -6.831483, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.896242, "energy": 37.750809, "activity_lines": [ 6.410967, 6.220828, 6.134811, 6.211659 ] }, { "date": "2024-10-11", "close": 6.56824, "volume": 19067603, "typical_volume": 7388488.75, "trend": 6.354872, "fair_value": 6.957416, "relative_strength": -8.812477, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.366799, "energy": 37.314935, "activity_lines": [ 6.521254, 6.29985, 6.176536, 6.225565 ] }, { "date": "2024-10-18", "close": 6.715071, "volume": 9611401, "typical_volume": 7489121.0, "trend": 6.33967, "fair_value": 6.950641, "relative_strength": -7.850017, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.037369, "energy": 51.440429, "activity_lines": [ 6.641329, 6.397382, 6.232523, 6.248804 ] }, { "date": "2024-10-25", "close": 6.891268, "volume": 9141468, "typical_volume": 7228830.75, "trend": 6.3453, "fair_value": 6.943605, "relative_strength": -6.319714, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.410855, "energy": 67.370029, "activity_lines": [ 6.763362, 6.515914, 6.304599, 6.284391 ] }, { "date": "2024-11-01", "close": 6.754226, "volume": 14004319, "typical_volume": 7595780.6, "trend": 6.324081, "fair_value": 6.938835, "relative_strength": -7.107532, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.299686, "energy": 52.559019, "activity_lines": [ 6.773151, 6.593868, 6.359635, 6.310773 ] }, { "date": "2024-11-08", "close": 7.273028, "volume": 16896514, "typical_volume": 8075577.95, "trend": 6.345301, "fair_value": 6.936889, "relative_strength": -4.836988, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.747005, "energy": 72.610334, "activity_lines": [ 6.936949, 6.749598, 6.460747, 6.371996 ] }, { "date": "2024-11-15", "close": 7.10662, "volume": 11503156, "typical_volume": 8204314.05, "trend": 6.375934, "fair_value": 6.934183, "relative_strength": -3.285242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.361429, "energy": 66.07864, "activity_lines": [ 7.0257, 6.852825, 6.539386, 6.421113 ] }, { "date": "2024-11-22", "close": 7.175141, "volume": 9089091, "typical_volume": 8363794.15, "trend": 6.39612, "fair_value": 6.93239, "relative_strength": -0.147664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.862463, "energy": 60.919932, "activity_lines": [ 7.101399, 6.948043, 6.618675, 6.472675 ] }, { "date": "2024-11-29", "close": 7.860352, "volume": 27436478, "typical_volume": 9228032.95, "trend": 6.427687, "fair_value": 6.936241, "relative_strength": 7.632646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.680532, "energy": 81.168947, "activity_lines": [ 7.374831, 7.143995, 6.756882, 6.567141 ] }, { "date": "2024-12-06", "close": 7.547113, "volume": 28300318, "typical_volume": 10341965.95, "trend": 6.448176, "fair_value": 6.937528, "relative_strength": 1.255466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.902645, "energy": 68.786936, "activity_lines": [ 7.479244, 7.247222, 6.857567, 6.639363 ] }, { "date": "2024-12-13", "close": 7.703732, "volume": 15437698, "typical_volume": 10838030.0, "trend": 6.473249, "fair_value": 6.939262, "relative_strength": 3.932951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.812416, "energy": 69.406082, "activity_lines": [ 7.583005, 7.359347, 6.965988, 6.720366 ] }, { "date": "2024-12-20", "close": 7.302394, "volume": 15399526, "typical_volume": 11274013.05, "trend": 6.495766, "fair_value": 6.938201, "relative_strength": -0.404421, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.010257, "energy": 51.29414, "activity_lines": [ 7.524272, 7.385332, 7.02845, 6.773859 ] }, { "date": "2024-12-27", "close": 6.989155, "volume": 11043240, "typical_volume": 11536354.85, "trend": 6.509752, "fair_value": 6.935187, "relative_strength": -5.129511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.159895, "energy": 37.409152, "activity_lines": [ 7.348075, 7.341015, 7.055439, 6.805691 ] }, { "date": "2025-01-03", "close": 6.548662, "volume": 8627817, "typical_volume": 11712216.3, "trend": 6.526242, "fair_value": 6.928236, "relative_strength": -5.460537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.082307, "energy": 16.694109, "activity_lines": [ 7.037446, 7.211626, 7.036281, 6.808201 ] }, { "date": "2025-01-10", "close": 6.440986, "volume": 8857726, "typical_volume": 11869396.7, "trend": 6.539144, "fair_value": 6.920818, "relative_strength": -5.236907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.410704, "energy": 20.663432, "activity_lines": [ 6.778371, 7.068889, 7.004397, 6.802701 ] }, { "date": "2025-01-17", "close": 6.852113, "volume": 8402325, "typical_volume": 12034714.65, "trend": 6.571478, "fair_value": 6.915813, "relative_strength": -0.893312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.113946, "energy": 21.937053, "activity_lines": [ 6.73008, 7.006597, 7.008826, 6.822892 ] }, { "date": "2025-01-24", "close": 6.910845, "volume": 6973920, "typical_volume": 12155578.5, "trend": 6.606089, "fair_value": 6.911267, "relative_strength": 0.070691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.886953, "energy": 19.376775, "activity_lines": [ 6.758141, 6.962636, 7.015025, 6.844787 ] }, { "date": "2025-01-31", "close": 6.979366, "volume": 2199391, "typical_volume": 12010144.55, "trend": 6.643939, "fair_value": 6.90577, "relative_strength": 1.495711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.04747, "energy": 13.26588, "activity_lines": [ 6.835146, 6.934694, 7.023322, 6.868869 ] }, { "date": "2025-02-07", "close": 7.077254, "volume": 5006072, "typical_volume": 12112875.05, "trend": 6.671674, "fair_value": 6.900899, "relative_strength": 1.26123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.86694, "energy": 14.838098, "activity_lines": [ 6.945432, 6.928109, 7.035628, 6.896825 ] }, { "date": "2025-02-14", "close": 6.959789, "volume": 6192654, "typical_volume": 12011672.75, "trend": 6.702345, "fair_value": 6.895165, "relative_strength": -1.861555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.156414, "energy": 16.627177, "activity_lines": [ 6.981324, 6.914405, 7.031107, 6.915413 ] }, { "date": "2025-02-21", "close": 7.02831, "volume": 7845155, "typical_volume": 12051793.6, "trend": 6.733995, "fair_value": 6.89179, "relative_strength": -1.866573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.093024, "energy": 17.894518, "activity_lines": [ 7.00547, 6.923838, 7.03078, 6.936443 ] }, { "date": "2025-02-28", "close": 6.852113, "volume": 8287410, "typical_volume": 11512783.95, "trend": 6.758467, "fair_value": 6.888844, "relative_strength": -2.702719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.947745, "energy": 13.351045, "activity_lines": [ 6.959136, 6.913515, 7.01344, 6.944064 ] }, { "date": "2025-03-07", "close": 6.861902, "volume": 7662644, "typical_volume": 11415346.1, "trend": 6.783592, "fair_value": 6.885126, "relative_strength": -4.061466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.305793, "energy": 9.272964, "activity_lines": [ 6.919982, 6.913159, 6.995681, 6.950737 ] }, { "date": "2025-03-14", "close": 7.047887, "volume": 11875200, "typical_volume": 11552032.7, "trend": 6.817526, "fair_value": 6.882044, "relative_strength": -2.756224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.154006, "energy": 11.740139, "activity_lines": [ 6.950653, 6.948932, 6.994935, 6.967788 ] }, { "date": "2025-03-21", "close": 7.038099, "volume": 10871182, "typical_volume": 11395375.85, "trend": 6.857334, "fair_value": 6.879622, "relative_strength": -1.077433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.225606, "energy": 11.850925, "activity_lines": [ 6.980019, 6.973849, 6.992511, 6.982019 ] }, { "date": "2025-03-28", "close": 6.95, "volume": 10751697, "typical_volume": 11088135.0, "trend": 6.887352, "fair_value": 6.876859, "relative_strength": -1.799452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.238965, "energy": 8.009013, "activity_lines": [ 6.974798, 6.971891, 6.980345, 6.987997 ] }, { "date": "2025-04-04", "close": 6.989155, "volume": 8188046, "typical_volume": 10922379.5, "trend": 6.92096, "fair_value": 6.875348, "relative_strength": -0.685044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.466494, "energy": 14.360855, "activity_lines": [ 6.98785, 6.975273, 6.973446, 6.994565 ] }, { "date": "2025-04-11", "close": 6.41162, "volume": 16151250, "typical_volume": 11275487.45, "trend": 6.939233, "fair_value": 6.871721, "relative_strength": -5.784352, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.187545, "energy": 38.973154, "activity_lines": [ 6.799254, 6.872224, 6.912104, 6.961705 ] }, { "date": "2025-04-18", "close": 6.675916, "volume": 15067624, "typical_volume": 10657044.75, "trend": 6.965336, "fair_value": 6.869928, "relative_strength": -3.06998, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.666694, "energy": 53.569869, "activity_lines": [ 6.728775, 6.827552, 6.879568, 6.944716 ] }, { "date": "2025-04-25", "close": 6.998944, "volume": 25752019, "typical_volume": 10529629.8, "trend": 6.982956, "fair_value": 6.86951, "relative_strength": 1.0576, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.861535, "energy": 41.736658, "activity_lines": [ 6.79077, 6.848909, 6.883437, 6.946885 ] }, { "date": "2025-05-02", "close": 6.910845, "volume": 11255889, "typical_volume": 10320539.35, "trend": 6.980672, "fair_value": 6.868778, "relative_strength": 0.382675, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.214367, "energy": 36.975164, "activity_lines": [ 6.82601, 6.853537, 6.881526, 6.942232 ] }, { "date": "2025-05-09", "close": 7.204507, "volume": 17604355, "typical_volume": 10430780.8, "trend": 7.00188, "fair_value": 6.870485, "relative_strength": 2.715884, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.821198, "energy": 5.681133, "activity_lines": [ 6.961747, 6.913693, 6.911358, 6.956673 ] }, { "date": "2025-05-16", "close": 7.273028, "volume": 13933458, "typical_volume": 10575291.7, "trend": 7.020479, "fair_value": 6.871601, "relative_strength": 2.95045, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.169454, "energy": 21.717281, "activity_lines": [ 7.105967, 6.9799, 6.948182, 6.974167 ] }, { "date": "2025-05-23", "close": 7.116408, "volume": 14929583, "typical_volume": 10890380.0, "trend": 7.027984, "fair_value": 6.876806, "relative_strength": 1.326425, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.398052, "energy": 19.220014, "activity_lines": [ 7.140554, 7.010156, 6.968739, 6.980356 ] }, { "date": "2025-05-30", "close": 7.10662, "volume": 10997663, "typical_volume": 10997376.85, "trend": 7.03973, "fair_value": 6.881476, "relative_strength": 1.218731, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.088918, "energy": 26.432128, "activity_lines": [ 7.142512, 7.037387, 6.985659, 6.985429 ] }, { "date": "2025-06-06", "close": 7.390493, "volume": 9159776, "typical_volume": 11035249.4, "trend": 7.043646, "fair_value": 6.886657, "relative_strength": 3.894798, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.793228, "energy": 41.956454, "activity_lines": [ 7.231915, 7.114985, 7.026445, 7.008059 ] }, { "date": "2025-06-13", "close": 7.243662, "volume": 10309991, "typical_volume": 11202052.95, "trend": 7.048214, "fair_value": 6.89048, "relative_strength": 1.944038, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.078267, "energy": 27.370366, "activity_lines": [ 7.240399, 7.157877, 7.050684, 7.020963 ] }, { "date": "2025-06-20", "close": 6.98, "volume": 9358727, "typical_volume": 11560019.75, "trend": 7.041709, "fair_value": 6.892946, "relative_strength": -1.370789, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.728912, "energy": 13.44904, "activity_lines": [ 7.158385, 7.148204, 7.048227, 7.016562 ] }, { "date": "2025-06-27", "close": 7.38, "volume": 8778115, "typical_volume": 11748621.9, "trend": 7.025697, "fair_value": 6.89678, "relative_strength": 2.157787, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.556235, "energy": 30.93892, "activity_lines": [ 7.229239, 7.200923, 7.083863, 7.038387 ] }, { "date": "2025-07-04", "close": 9.06, "volume": 20629241, "typical_volume": 12470451.25, "trend": 7.076127, "fair_value": 6.911661, "relative_strength": 22.972071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.283007, "energy": 75.307635, "activity_lines": [ 7.842521, 7.546296, 7.278057, 7.169633 ] }, { "date": "2025-07-11", "close": 12.0, "volume": 219490047, "typical_volume": 23052695.85, "trend": 7.219336, "fair_value": 6.945054, "relative_strength": 59.220027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.852615, "energy": 93.32341, "activity_lines": [ 9.305577, 8.38874, 7.74225, 7.487302 ] }, { "date": "2025-07-18", "close": 13.52, "volume": 283973664, "typical_volume": 36837008.55, "trend": 7.426589, "fair_value": 6.987523, "relative_strength": 75.32766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.987279, "energy": 97.544239, "activity_lines": [ 10.968, 9.415018, 8.32753, 7.893797 ] }, { "date": "2025-07-25", "close": 10.14, "volume": 198556572, "typical_volume": 46381704.95, "trend": 7.531617, "fair_value": 7.007157, "relative_strength": 28.516201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.961557, "energy": 85.939988, "activity_lines": [ 11.085333, 9.711923, 8.559153, 8.068855 ] }, { "date": "2025-08-01", "close": 9.83, "volume": 57208398, "typical_volume": 48648364.85, "trend": 7.640995, "fair_value": 7.025442, "relative_strength": 25.048731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.81962, "energy": 81.720183, "activity_lines": [ 10.888667, 9.900338, 8.745643, 8.217138 ] }, { "date": "2025-08-08", "close": 9.87, "volume": 34440044, "typical_volume": 49826807.95, "trend": 7.755296, "fair_value": 7.044927, "relative_strength": 22.341861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.351434, "energy": 55.688822, "activity_lines": [ 10.542, 10.046688, 8.922694, 8.360945 ] }, { "date": "2025-08-15", "close": 9.96, "volume": 53913009, "typical_volume": 51984873.55, "trend": 7.858892, "fair_value": 7.063703, "relative_strength": 20.770778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.036627, "energy": 36.607308, "activity_lines": [ 10.171333, 10.159157, 9.094831, 8.503184 ] }, { "date": "2025-08-22", "close": 10.21, "volume": 73731207, "typical_volume": 55262031.6, "trend": 7.968864, "fair_value": 7.084253, "relative_strength": 18.990701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.533042, "energy": 28.973574, "activity_lines": [ 10.02, 10.270364, 9.276444, 8.654868 ] }, { "date": "2025-08-29", "close": 9.83, "volume": 44131161, "typical_volume": 56661027.15, "trend": 8.063885, "fair_value": 7.10331, "relative_strength": 13.199573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.77415, "energy": 26.067072, "activity_lines": [ 9.962667, 10.258545, 9.40653, 8.774941 ] }, { "date": "2025-09-05", "close": 9.7, "volume": 30294095, "typical_volume": 57422350.7, "trend": 8.15131, "fair_value": 7.120291, "relative_strength": 12.66557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.27348, "energy": 23.887238, "activity_lines": [ 9.882667, 10.171273, 9.507956, 8.880497 ] }, { "date": "2025-09-12", "close": 10.09, "volume": 90046627, "typical_volume": 60637081.1, "trend": 8.25565, "fair_value": 7.140114, "relative_strength": 15.007305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.437522, "energy": 23.057903, "activity_lines": [ 9.941333, 10.112727, 9.632125, 9.005574 ] }, { "date": "2025-09-19", "close": 9.49, "volume": 42613997, "typical_volume": 62204986.5, "trend": 8.337707, "fair_value": 7.156949, "relative_strength": 9.291624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.884054, "energy": 17.608261, "activity_lines": [ 9.785333, 9.926364, 9.684432, 9.085209 ] }, { "date": "2025-09-26", "close": 9.15, "volume": 20166628, "typical_volume": 62333100.15, "trend": 8.414303, "fair_value": 7.171689, "relative_strength": 4.893915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.859857, "energy": 14.957433, "activity_lines": [ 9.547333, 9.723818, 9.692076, 9.137615 ] }, { "date": "2025-10-03", "close": 9.13, "volume": 6344815, "typical_volume": 61953668.0, "trend": 8.489906, "fair_value": 7.185959, "relative_strength": 2.965346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.849303, "energy": 11.501622, "activity_lines": [ 9.373333, 9.597091, 9.688551, 9.183789 ] }, { "date": "2025-10-10", "close": 9.2, "volume": 6697606, "typical_volume": 61542069.15, "trend": 8.561643, "fair_value": 7.202091, "relative_strength": 3.097971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.781496, "energy": 14.827032, "activity_lines": [ 9.269333, 9.501455, 9.68285, 9.229602 ] }, { "date": "2025-10-17", "close": 9.08, "volume": 18800801, "typical_volume": 61932226.05, "trend": 8.629707, "fair_value": 7.218739, "relative_strength": 3.006336, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.255937, "energy": 22.381841, "activity_lines": [ 9.158667, 9.395455, 9.655799, 9.263044 ] }, { "date": "2025-10-24", "close": 9.27, "volume": 14405525, "typical_volume": 62194513.5, "trend": 8.70704, "fair_value": 7.237933, "relative_strength": 1.997992, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.534943, "energy": 34.679476, "activity_lines": [ 9.178667, 9.338364, 9.637446, 9.304354 ] }, { "date": "2025-10-31", "close": 9.16, "volume": 16723190, "typical_volume": 62515173.45, "trend": 8.779401, "fair_value": 7.254495, "relative_strength": 0.461977, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.662012, "energy": 30.68623, "activity_lines": [ 9.176667, 9.273818, 9.599667, 9.333577 ] }, { "date": "2025-11-07", "close": 9.27, "volume": 15703792, "typical_volume": 62832426.7, "trend": 8.874681, "fair_value": 7.271804, "relative_strength": 0.40304, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.750517, "energy": 22.343108, "activity_lines": [ 9.210667, 9.248364, 9.563238, 9.365228 ] }, { "date": "2025-11-14", "close": 9.4, "volume": 15186858, "typical_volume": 63152863.85, "trend": 8.965484, "fair_value": 7.291146, "relative_strength": 1.803159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.082023, "energy": 10.837144, "activity_lines": [ 9.278667, 9.256727, 9.528286, 9.39912 ] }, { "date": "2025-11-21", "close": 8.71, "volume": 30728645, "typical_volume": 63657834.05, "trend": 9.022519, "fair_value": 7.30418, "relative_strength": -1.903423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.079482, "energy": 16.413937, "activity_lines": [ 9.103333, 9.145091, 9.418, 9.382637 ] }, { "date": "2025-11-28", "close": 8.98, "volume": 14359162, "typical_volume": 53401289.8, "trend": 9.091491, "fair_value": 7.316631, "relative_strength": -0.214859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.263658, "energy": 24.694098, "activity_lines": [ 9.042667, 9.107636, 9.335095, 9.379894 ] }, { "date": "2025-12-05", "close": 8.87, "volume": 11601562, "typical_volume": 39782684.7, "trend": 9.147007, "fair_value": 7.328292, "relative_strength": -1.841475, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.229689, "energy": 36.921053, "activity_lines": [ 8.964667, 9.059455, 9.256095, 9.365604 ] }, { "date": "2025-12-12", "close": 8.59, "volume": 11341138, "typical_volume": 30421913.0, "trend": 9.190906, "fair_value": 7.3385, "relative_strength": -4.561375, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.433857, "energy": 62.799322, "activity_lines": [ 8.812667, 8.965455, 9.172571, 9.329668 ] }, { "date": "2025-12-19", "close": 8.86, "volume": 16349410, "typical_volume": 28378963.6, "trend": 9.249026, "fair_value": 7.349925, "relative_strength": -1.678704, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.977145, "energy": 55.935261, "activity_lines": [ 8.796, 8.930364, 9.122143, 9.30832 ] }, { "date": "2025-12-26", "close": 9.36, "volume": 67263821, "typical_volume": 30020152.45, "trend": 9.324139, "fair_value": 7.364641, "relative_strength": 1.692584, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.298787, "energy": 31.895879, "activity_lines": [ 8.982, 8.992364, 9.123952, 9.315479 ] }, { "date": "2026-01-02", "close": 8.95, "volume": 44907146, "typical_volume": 29569859.3, "trend": 9.376122, "fair_value": 7.377242, "relative_strength": -3.061666, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.122381, "energy": 24.33758, "activity_lines": [ 8.988, 8.974727, 9.089143, 9.291341 ] }, { "date": "2026-01-09", "close": 8.96, "volume": 27454977, "typical_volume": 27256047.8, "trend": 9.433333, "fair_value": 7.391279, "relative_strength": -6.632981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.072362, "energy": 18.2014, "activity_lines": [ 8.999333, 8.964727, 9.060095, 9.264495 ] }, { "date": "2026-01-16", "close": 8.92, "volume": 23907100, "typical_volume": 26244844.75, "trend": 9.498, "fair_value": 7.405531, "relative_strength": -6.67725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.714811, "energy": 18.955896, "activity_lines": [ 8.991333, 8.951091, 9.03319, 9.231376 ] }, { "date": "2026-01-23", "close": 9.13, "volume": 16300861, "typical_volume": 25545183.05, "trend": 9.556333, "fair_value": 7.418986, "relative_strength": -5.335755, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.894683, "energy": 18.76106, "activity_lines": [ 9.031333, 8.982, 9.030619, 9.207634 ] }, { "date": "2026-01-30", "close": 8.96, "volume": 16698082, "typical_volume": 21877755.8, "trend": 9.553, "fair_value": 7.431566, "relative_strength": -6.709558, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.215636, "energy": 18.985252, "activity_lines": [ 8.996667, 8.986909, 9.014571, 9.169161 ] }, { "date": "2026-02-06", "close": 9.29, "volume": 24367628, "typical_volume": 20965437.35, "trend": 9.462667, "fair_value": 7.445705, "relative_strength": -2.143004, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.325254, "energy": 8.236011, "activity_lines": [ 9.098667, 9.047273, 9.035333, 9.152194 ] }, { "date": "2026-02-13", "close": 9.25, "volume": 26927681, "typical_volume": 21303490.0, "trend": 9.320333, "fair_value": 7.45933, "relative_strength": -3.106711, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.864272, "energy": 9.640091, "activity_lines": [ 9.164667, 9.094727, 9.053238, 9.138473 ] }, { "date": "2026-02-27", "close": 9.29, "volume": 14148601, "typical_volume": 21693679.3, "trend": 9.292, "fair_value": 7.472955, "relative_strength": -4.695578, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.248939, "energy": 10.535928, "activity_lines": [ 9.224667, 9.142545, 9.074476, 9.136516 ] }, { "date": "2026-03-06", "close": 9.04, "volume": 18798023, "typical_volume": 22298700.15, "trend": 9.265667, "fair_value": 7.485448, "relative_strength": -6.489108, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.787688, "energy": 11.406344, "activity_lines": [ 9.176667, 9.132182, 9.071143, 9.120258 ] }, { "date": "2026-03-13", "close": 8.99, "volume": 14221235, "typical_volume": 22069721.85, "trend": 9.236333, "fair_value": 7.494407, "relative_strength": -6.476729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.970292, "energy": 8.812455, "activity_lines": [ 9.118, 9.109455, 9.06381, 9.102473 ] }, { "date": "2026-03-20", "close": 9.0, "volume": 18641217, "typical_volume": 22281506.45, "trend": 9.204333, "fair_value": 7.505573, "relative_strength": -3.267262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.574106, "energy": 13.536964, "activity_lines": [ 9.060667, 9.095273, 9.057857, 9.087226 ] }, { "date": "2026-03-27", "close": 9.25, "volume": 26790331, "typical_volume": 22784863.5, "trend": 9.172333, "fair_value": 7.519712, "relative_strength": 0.297459, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.59202, "energy": 10.868317, "activity_lines": [ 9.106, 9.125636, 9.077, 9.090172 ] }, { "date": "2026-04-03", "close": 8.71, "volume": 22356402, "typical_volume": 23117494.0, "trend": 9.135, "fair_value": 7.530604, "relative_strength": -4.871982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.476015, "energy": 22.896238, "activity_lines": [ 8.971333, 9.052545, 9.044286, 9.060344 ] }, { "date": "2026-04-10", "close": 8.802353, "volume": 17983918, "typical_volume": 23257347.0, "trend": 9.105078, "fair_value": 7.541274, "relative_strength": -6.511901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.002069, "energy": 35.362522, "activity_lines": [ 8.906118, 9.000064, 9.023034, 9.038883 ] }, { "date": "2026-04-17", "close": 8.960775, "volume": 17005423, "typical_volume": 22571185.9, "trend": 9.067438, "fair_value": 7.554159, "relative_strength": -6.537294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.907123, "energy": 32.096351, "activity_lines": [ 8.909552, 8.982344, 9.019715, 9.029573 ] }, { "date": "2026-04-24", "close": 8.891464, "volume": 19313108, "typical_volume": 22818883.2, "trend": 9.047486, "fair_value": 7.566642, "relative_strength": -8.0136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.484692, "energy": 34.754745, "activity_lines": [ 8.891832, 8.952008, 9.008602, 9.01822 ] }, { "date": "2026-05-01", "close": 9.089494, "volume": 20905192, "typical_volume": 23284064.7, "trend": 9.04547, "fair_value": 7.58138, "relative_strength": -6.767904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.578536, "energy": 17.373813, "activity_lines": [ 8.947357, 8.964923, 9.01677, 9.02093 ] }, { "date": "2026-05-08", "close": 9.218212, "volume": 10227671, "typical_volume": 23228391.35, "trend": 9.04841, "fair_value": 7.598058, "relative_strength": -7.054851, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.146274, "energy": 6.516862, "activity_lines": [ 9.056489, 9.00416, 9.036151, 9.032075 ] }, { "date": "2026-05-15", "close": 9.327127, "volume": 21560993, "typical_volume": 23488970.5, "trend": 9.052648, "fair_value": 7.614148, "relative_strength": -5.019997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.598354, "energy": 19.870916, "activity_lines": [ 9.168045, 9.064505, 9.062914, 9.050057 ] }, { "date": "2026-05-22", "close": 10.772733, "volume": 68688004, "typical_volume": 23560179.65, "trend": 9.109072, "fair_value": 7.638862, "relative_strength": 9.891873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.439824, "energy": 78.61997, "activity_lines": [ 9.726484, 9.382467, 9.22513, 9.16103 ] }, { "date": "2026-05-29", "close": 8.812253, "volume": 174963573, "typical_volume": 30063001.0, "trend": 9.093814, "fair_value": 7.650581, "relative_strength": -9.157153, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.419974, "energy": 41.952866, "activity_lines": [ 9.510633, 9.311565, 9.193906, 9.14188 ] }, { "date": "2026-06-05", "close": 7.198324, "volume": 9988967, "typical_volume": 29189700.5, "trend": 9.028424, "fair_value": 7.651611, "relative_strength": -24.838807, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.768962, "energy": 37.359788, "activity_lines": [ 8.762086, 8.950635, 9.00963, 9.019591 ] }, { "date": "2026-06-12", "close": 6.88, "volume": 6982114, "typical_volume": 28343451.2, "trend": 8.948758, "fair_value": 7.650301, "relative_strength": -27.952216, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.124636, "energy": 69.809043, "activity_lines": [ 8.03351, 8.56913, 8.803426, 8.880983 ] }, { "date": "2026-06-19", "close": 6.6, "volume": 26053149, "typical_volume": 28831065.6, "trend": 8.855424, "fair_value": 7.647882, "relative_strength": -31.585537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.670782, "energy": 80.69728, "activity_lines": [ 7.367481, 8.16999, 8.58027, 8.72945 ] }, { "date": "2026-06-26", "close": 6.28, "volume": 4322172, "typical_volume": 28212270.1, "trend": 8.774425, "fair_value": 7.644189, "relative_strength": -33.600266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.221265, "energy": 91.934281, "activity_lines": [ 6.776593, 7.75271, 8.338686, 8.563293 ] }, { "date": "2026-07-03", "close": 6.58, "volume": 7475630, "typical_volume": 27367670.2, "trend": 8.694425, "fair_value": 7.641624, "relative_strength": -30.409218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.373328, "energy": 88.43378, "activity_lines": [ 6.585222, 7.438717, 8.138435, 8.421718 ] }, { "date": "2026-07-10", "close": 6.41, "volume": 23631675, "typical_volume": 27202869.9, "trend": 8.612424, "fair_value": 7.63956, "relative_strength": -30.829854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.248346, "energy": 88.262087, "activity_lines": [ 6.486, 7.135842, 7.934898, 8.274335 ] }, { "date": "2026-07-17", "close": 6.26, "volume": 26801076, "typical_volume": 27835493.65, "trend": 8.534758, "fair_value": 7.634025, "relative_strength": -27.225406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.171638, "energy": 83.465719, "activity_lines": [ 6.389333, 6.854412, 7.730599, 8.122566 ] }, { "date": "2026-07-24", "close": 6.13, "volume": 33876655, "typical_volume": 28589425.25, "trend": 8.443758, "fair_value": 7.627412, "relative_strength": -28.334022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.094886, "energy": 63.813601, "activity_lines": [ 6.290667, 6.603131, 7.528348, 7.96742 ] }, { "date": "2026-07-31", "close": 6.57, "volume": 22087366, "typical_volume": 28982731.8, "trend": 8.350758, "fair_value": 7.623375, "relative_strength": -22.819191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.75526, "energy": 56.776126, "activity_lines": [ 6.37, 6.48998, 7.381859, 7.846533 ] }, { "date": "2026-08-07", "close": 6.85, "volume": 25114434, "typical_volume": 29306392.65, "trend": 8.280758, "fair_value": 7.620888, "relative_strength": -21.03187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.908559, "energy": 45.448813, "activity_lines": [ 6.523333, 6.504151, 7.27356, 7.74971 ] } ], "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." } } }