{ "ticker": { "uuid": "f8bf6e27-b6a0-4c1e-9b9c-435a3bced541", "symbol": "300929", "name": "Anhui Huaqi Environmental Protection & Technology Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 57.881, "architecture_energy": 51.251, "architecture_maturity": 10.802, "architecture_confidence": 77.222, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 26.08, "rotation_up": 71.4, "upward_expansion": 83.52, "deceleration": 47.45, "rotation_down": 9.0, "downward_expansion": 7.85 }, "activity_lines": [ 13.936667, 13.174182, 12.910381, 12.804645 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 13.97, "trend_reference": 12.585333, "distance_from_trend": 0.110022, "trend_direction": "Improving", "fair_value": 10.320759, "distance_from_fair_value": 0.353583, "fair_value_direction": "Weakening", "relative_strength": 13.030414, "relative_strength_direction": "Improving", "price_momentum": 0.170017, "excess_performance": 0.162617, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.110022, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03637, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.353583, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.074298, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.130304, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.085022, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.170017, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.483306, "read": "Demand-led" } ], "volume": { "latest": 26882042, "relative_activity": 1.149097, "balance": 1.483306, "dry_up": 1.917984, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.124938, "annualized_volatility": 0.509338, "from_high_reference": -0.125782, "from_low_reference": 0.424057 }, "levels": { "trend_reference": 12.585333, "fair_value_reference": 10.320759, "structural_low": 10.2, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.006639, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022526, "regime_survival": 0.583333, "best_return": 0.138087, "worst_return": -0.448749, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.004072, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.07236, "regime_survival": 0.4, "best_return": 0.104623, "worst_return": -0.375303, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.009298, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.170801, "regime_survival": 0.0, "best_return": 0.14256, "worst_return": -0.449563, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.113372, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.466839, "regime_survival": 0.0, "best_return": 0.103018, "worst_return": -0.329762, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.1875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.193182, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-18", "tenure": "Established", "return": 0.061776, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.107229, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.00209, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.058885, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-09-05", "tenure": "Developing", "return": 0.120708, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-11-07", "tenure": "Developing", "return": 0.077828, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.079805, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-02-06", "tenure": "Developing", "return": 0.158341, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-06-19", "tenure": "Established", "return": -0.138686, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": 0.189623, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.043232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.945021, "volume": 13309471, "typical_volume": 7230002.15, "trend": 11.716993, "fair_value": 15.19632, "relative_strength": 1.313576, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.652456, "energy": 15.222634, "activity_lines": [ 11.63463, 11.463961, 11.468903, 11.606275 ] }, { "date": "2023-08-04", "close": 11.685781, "volume": 8483818, "typical_volume": 7123938.65, "trend": 11.730606, "fair_value": 15.169315, "relative_strength": -1.89721, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.36889, "energy": 18.508239, "activity_lines": [ 11.686445, 11.50998, 11.480057, 11.604262 ] }, { "date": "2023-08-11", "close": 11.655868, "volume": 6997301, "typical_volume": 6974899.25, "trend": 11.735604, "fair_value": 15.142495, "relative_strength": 1.86682, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.240433, "energy": 18.370153, "activity_lines": [ 11.69974, 11.551264, 11.491386, 11.59944 ] }, { "date": "2023-08-18", "close": 12.184321, "volume": 14051980, "typical_volume": 7206861.25, "trend": 11.765503, "fair_value": 15.120085, "relative_strength": 9.891514, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.170503, "energy": 35.0888, "activity_lines": [ 11.872567, 11.689156, 11.556919, 11.628389 ] }, { "date": "2023-08-25", "close": 12.353825, "volume": 56716631, "typical_volume": 9712790.2, "trend": 11.789461, "fair_value": 15.099286, "relative_strength": 14.829502, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.902941, "energy": 46.145144, "activity_lines": [ 12.052706, 11.841558, 11.636973, 11.666346 ] }, { "date": "2023-09-01", "close": 12.124496, "volume": 48592593, "typical_volume": 11821666.7, "trend": 11.790208, "fair_value": 15.077086, "relative_strength": 9.00018, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.197062, "energy": 38.926217, "activity_lines": [ 12.105884, 11.929621, 11.692663, 11.687961 ] }, { "date": "2023-09-08", "close": 11.895168, "volume": 16242880, "typical_volume": 12267601.7, "trend": 11.774368, "fair_value": 15.053516, "relative_strength": 8.737307, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.177158, "energy": 32.832138, "activity_lines": [ 12.070654, 11.95318, 11.724797, 11.694732 ] }, { "date": "2023-09-15", "close": 11.79546, "volume": 9614120, "typical_volume": 12412771.85, "trend": 11.756199, "fair_value": 15.02956, "relative_strength": 9.247471, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.704466, "energy": 20.496931, "activity_lines": [ 11.988229, 11.947016, 11.743784, 11.696093 ] }, { "date": "2023-09-22", "close": 11.685781, "volume": 10075780, "typical_volume": 12816696.85, "trend": 11.734042, "fair_value": 15.005153, "relative_strength": 7.845016, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.302108, "energy": 6.006045, "activity_lines": [ 11.859938, 11.91384, 11.749905, 11.69155 ] }, { "date": "2023-09-29", "close": 11.855285, "volume": 5917758, "typical_volume": 12806273.0, "trend": 11.710249, "fair_value": 14.982328, "relative_strength": 10.0196, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.860337, "energy": 7.235893, "activity_lines": [ 11.821384, 11.907133, 11.770414, 11.699372 ] }, { "date": "2023-10-13", "close": 11.30689, "volume": 10446059, "typical_volume": 13098264.4, "trend": 11.66387, "fair_value": 14.955886, "relative_strength": 5.332828, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.60033, "energy": 12.186085, "activity_lines": [ 11.633268, 11.796004, 11.736794, 11.673349 ] }, { "date": "2023-10-20", "close": 11.037679, "volume": 7142678, "typical_volume": 13147254.5, "trend": 11.621104, "fair_value": 14.927898, "relative_strength": 8.025311, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.202851, "energy": 24.105584, "activity_lines": [ 11.409922, 11.647529, 11.679099, 11.63295 ] }, { "date": "2023-10-27", "close": 11.606014, "volume": 10720732, "typical_volume": 13428817.7, "trend": 11.592313, "fair_value": 14.904339, "relative_strength": 11.118277, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.021867, "energy": 17.077146, "activity_lines": [ 11.433187, 11.614172, 11.678801, 11.631976 ] }, { "date": "2023-11-03", "close": 11.815401, "volume": 11216883, "typical_volume": 13620888.1, "trend": 11.591368, "fair_value": 14.882586, "relative_strength": 12.032612, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.714178, "energy": 11.873716, "activity_lines": [ 11.538878, 11.619792, 11.69882, 11.646369 ] }, { "date": "2023-11-10", "close": 11.915109, "volume": 8480694, "typical_volume": 13572350.45, "trend": 11.59441, "fair_value": 14.861834, "relative_strength": 11.327785, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.411071, "energy": 13.953646, "activity_lines": [ 11.669163, 11.650248, 11.72582, 11.667255 ] }, { "date": "2023-11-17", "close": 12.064672, "volume": 8251603, "typical_volume": 13796039.55, "trend": 11.604423, "fair_value": 14.842409, "relative_strength": 12.468327, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.964516, "energy": 24.587001, "activity_lines": [ 11.845314, 11.715875, 11.763223, 11.697595 ] }, { "date": "2023-11-24", "close": 12.044729, "volume": 8689216, "typical_volume": 13856111.95, "trend": 11.634969, "fair_value": 14.823115, "relative_strength": 13.620115, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.530811, "energy": 32.837919, "activity_lines": [ 11.964298, 11.778962, 11.793038, 11.726002 ] }, { "date": "2023-12-01", "close": 12.084613, "volume": 9945909, "typical_volume": 14038124.8, "trend": 11.661545, "fair_value": 14.804358, "relative_strength": 15.208734, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.700458, "energy": 48.930608, "activity_lines": [ 12.029441, 11.846583, 11.822903, 11.755011 ] }, { "date": "2023-12-08", "close": 11.635927, "volume": 13791283, "typical_volume": 14428800.15, "trend": 11.672171, "fair_value": 14.782804, "relative_strength": 12.722286, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.140309, "energy": 36.522488, "activity_lines": [ 11.913115, 11.827366, 11.806807, 11.753358 ] }, { "date": "2023-12-15", "close": 11.984905, "volume": 14887272, "typical_volume": 14678733.05, "trend": 11.689793, "fair_value": 14.7639, "relative_strength": 17.83942, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.360577, "energy": 31.026808, "activity_lines": [ 11.92508, 11.872507, 11.823046, 11.773534 ] }, { "date": "2023-12-22", "close": 11.835342, "volume": 10975879, "typical_volume": 14562053.45, "trend": 11.696468, "fair_value": 14.744245, "relative_strength": 17.938435, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.073869, "energy": 16.163198, "activity_lines": [ 11.882538, 11.888097, 11.823188, 11.782925 ] }, { "date": "2023-12-29", "close": 12.134467, "volume": 9423411, "typical_volume": 14609033.1, "trend": 11.710133, "fair_value": 14.726846, "relative_strength": 16.561683, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.305514, "energy": 23.522718, "activity_lines": [ 11.954992, 11.948466, 11.852341, 11.811183 ] }, { "date": "2024-01-05", "close": 12.363795, "volume": 10389940, "typical_volume": 14778665.05, "trend": 11.732768, "fair_value": 14.711197, "relative_strength": 23.379467, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.248712, "energy": 41.962527, "activity_lines": [ 12.097907, 12.030589, 11.901198, 11.853354 ] }, { "date": "2024-01-12", "close": 12.353825, "volume": 13452060, "typical_volume": 14748669.05, "trend": 11.768317, "fair_value": 14.695688, "relative_strength": 24.167671, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.840427, "energy": 50.382453, "activity_lines": [ 12.218886, 12.097122, 11.945734, 11.893423 ] }, { "date": "2024-01-19", "close": 11.456452, "volume": 12233433, "typical_volume": 12524509.15, "trend": 11.779916, "fair_value": 14.674516, "relative_strength": 17.295356, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.242496, "energy": 17.573846, "activity_lines": [ 11.992881, 11.990706, 11.903999, 11.873302 ] }, { "date": "2024-01-26", "close": 11.536219, "volume": 20961830, "typical_volume": 11142971.0, "trend": 11.802123, "fair_value": 14.654138, "relative_strength": 17.74466, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.353071, "energy": 8.175223, "activity_lines": [ 11.828696, 11.907133, 11.874134, 11.85758 ] }, { "date": "2024-02-02", "close": 8.774306, "volume": 17989806, "typical_volume": 11230317.3, "trend": 11.719349, "fair_value": 14.616204, "relative_strength": -2.787457, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.142446, "energy": 75.406253, "activity_lines": [ 10.763814, 11.331001, 11.584031, 11.662237 ] }, { "date": "2024-02-09", "close": 6.810058, "volume": 35635338, "typical_volume": 12531378.2, "trend": 11.566131, "fair_value": 14.566164, "relative_strength": -30.816686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.09818, "energy": 94.027235, "activity_lines": [ 9.268193, 10.457196, 11.121718, 11.345508 ] }, { "date": "2024-02-23", "close": 8.475183, "volume": 26326359, "typical_volume": 13343907.15, "trend": 11.467088, "fair_value": 14.474367, "relative_strength": -16.120641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.080627, "energy": 88.286477, "activity_lines": [ 8.697864, 9.982043, 10.841729, 11.146092 ] }, { "date": "2024-03-01", "close": 8.395416, "volume": 27348016, "typical_volume": 14415420.05, "trend": 11.3604, "fair_value": 14.39097, "relative_strength": -19.901441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.682359, "energy": 86.759438, "activity_lines": [ 8.359521, 9.549854, 10.569431, 10.94792 ] }, { "date": "2024-03-08", "close": 8.325621, "volume": 15230422, "typical_volume": 14654638.2, "trend": 11.239754, "fair_value": 14.318158, "relative_strength": -19.789361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.017628, "energy": 84.271896, "activity_lines": [ 8.201983, 9.170238, 10.306961, 10.752128 ] }, { "date": "2024-03-15", "close": 9.163167, "volume": 16280002, "typical_volume": 15111504.4, "trend": 11.155666, "fair_value": 14.266262, "relative_strength": -13.797804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.944403, "energy": 55.011816, "activity_lines": [ 8.537666, 9.006717, 10.138455, 10.618154 ] }, { "date": "2024-03-22", "close": 9.422408, "volume": 12127069, "typical_volume": 15181821.25, "trend": 11.081218, "fair_value": 14.205781, "relative_strength": -10.728098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.034786, "energy": 43.764173, "activity_lines": [ 8.933839, 8.944354, 10.003564, 10.506331 ] }, { "date": "2024-03-29", "close": 9.382525, "volume": 10480383, "typical_volume": 15144996.25, "trend": 10.987825, "fair_value": 14.145829, "relative_strength": -9.399421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.744534, "energy": 31.609616, "activity_lines": [ 9.142561, 8.928219, 9.875273, 10.396738 ] }, { "date": "2024-04-05", "close": 9.641767, "volume": 6452169, "typical_volume": 15043570.0, "trend": 10.897423, "fair_value": 14.088246, "relative_strength": -8.201158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.809076, "energy": 22.450913, "activity_lines": [ 9.377208, 9.013243, 9.783257, 10.309896 ] }, { "date": "2024-04-12", "close": 8.893956, "volume": 10548723, "typical_volume": 15158426.0, "trend": 10.789738, "fair_value": 14.018449, "relative_strength": -12.345629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.095025, "energy": 23.605662, "activity_lines": [ 9.279494, 8.995296, 9.630846, 10.18064 ] }, { "date": "2024-04-19", "close": 7.717401, "volume": 19222039, "typical_volume": 15685067.15, "trend": 10.650479, "fair_value": 13.929646, "relative_strength": -24.153705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.648324, "energy": 39.913883, "activity_lines": [ 8.751706, 8.81147, 9.381481, 9.982425 ] }, { "date": "2024-04-26", "close": 8.325621, "volume": 17423696, "typical_volume": 16058956.5, "trend": 10.534818, "fair_value": 13.81781, "relative_strength": -19.605574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.88752, "energy": 38.965598, "activity_lines": [ 8.523042, 8.757447, 9.210648, 9.832434 ] }, { "date": "2024-05-03", "close": 8.634715, "volume": 5666979, "typical_volume": 15652741.3, "trend": 10.433116, "fair_value": 13.719693, "relative_strength": -17.589296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.349126, "energy": 40.567042, "activity_lines": [ 8.470529, 8.732066, 9.087152, 9.709846 ] }, { "date": "2024-05-10", "close": 8.933839, "volume": 9780684, "typical_volume": 15397411.9, "trend": 10.335734, "fair_value": 13.610146, "relative_strength": -15.882624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.122474, "energy": 40.561795, "activity_lines": [ 8.567578, 8.758172, 9.006436, 9.613119 ] }, { "date": "2024-05-17", "close": 8.983693, "volume": 7487892, "typical_volume": 15223012.55, "trend": 10.258294, "fair_value": 13.53001, "relative_strength": -15.093066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.612503, "energy": 32.8904, "activity_lines": [ 8.728441, 8.783552, 8.944997, 9.52589 ] }, { "date": "2024-05-24", "close": 8.485153, "volume": 6612073, "typical_volume": 15082445.65, "trend": 10.17321, "fair_value": 13.455433, "relative_strength": -17.175602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.065808, "energy": 28.768263, "activity_lines": [ 8.71714, 8.706324, 8.849657, 9.411494 ] }, { "date": "2024-05-31", "close": 8.465211, "volume": 6587006, "typical_volume": 14892298.95, "trend": 10.068517, "fair_value": 13.389209, "relative_strength": -16.625123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.690213, "energy": 29.425973, "activity_lines": [ 8.648009, 8.637797, 8.769796, 9.301301 ] }, { "date": "2024-06-07", "close": 7.587781, "volume": 10997620, "typical_volume": 14769576.95, "trend": 9.927596, "fair_value": 13.313316, "relative_strength": -24.045972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.708487, "energy": 47.942576, "activity_lines": [ 8.277096, 8.427141, 8.624934, 9.141253 ] }, { "date": "2024-06-14", "close": 7.607723, "volume": 6065384, "typical_volume": 14461174.5, "trend": 9.784016, "fair_value": 13.229699, "relative_strength": -23.49071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.900837, "energy": 63.842821, "activity_lines": [ 7.982625, 8.252743, 8.504667, 8.991584 ] }, { "date": "2024-06-21", "close": 7.418277, "volume": 6386629, "typical_volume": 13732414.45, "trend": 9.629136, "fair_value": 13.148283, "relative_strength": -23.542487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.053125, "energy": 71.76942, "activity_lines": [ 7.713413, 8.080882, 8.384685, 8.838956 ] }, { "date": "2024-06-28", "close": 7.298628, "volume": 7144460, "typical_volume": 13190147.15, "trend": 9.470933, "fair_value": 13.066297, "relative_strength": -22.719317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.228882, "energy": 74.521033, "activity_lines": [ 7.508679, 7.914098, 8.272917, 8.6886 ] }, { "date": "2024-07-05", "close": 7.178978, "volume": 6122316, "typical_volume": 11714496.05, "trend": 9.307412, "fair_value": 12.988608, "relative_strength": -22.427493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.325864, "energy": 69.463898, "activity_lines": [ 7.343164, 7.733173, 8.156781, 8.540732 ] }, { "date": "2024-07-12", "close": 7.2, "volume": 7893301, "typical_volume": 10792843.15, "trend": 9.159548, "fair_value": 12.910975, "relative_strength": -23.305411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.215933, "energy": 59.194622, "activity_lines": [ 7.270405, 7.576919, 8.040891, 8.40477 ] }, { "date": "2024-07-19", "close": 6.8, "volume": 5628040, "typical_volume": 9706844.35, "trend": 8.986718, "fair_value": 12.837409, "relative_strength": -27.593377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.587519, "energy": 66.986012, "activity_lines": [ 7.090164, 7.374023, 7.892977, 8.252541 ] }, { "date": "2024-07-26", "close": 6.99, "volume": 6019725, "typical_volume": 9246309.5, "trend": 8.825206, "fair_value": 12.754496, "relative_strength": -22.610159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.16495, "energy": 64.416666, "activity_lines": [ 7.027106, 7.244469, 7.770756, 8.123721 ] }, { "date": "2024-08-02", "close": 7.25, "volume": 4965774, "typical_volume": 8680598.1, "trend": 8.662391, "fair_value": 12.685706, "relative_strength": -18.988436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.103347, "energy": 52.11977, "activity_lines": [ 7.079265, 7.198437, 7.679656, 8.022095 ] }, { "date": "2024-08-09", "close": 7.27, "volume": 4852478, "typical_volume": 8316868.55, "trend": 8.492597, "fair_value": 12.610816, "relative_strength": -16.897207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.980611, "energy": 46.205489, "activity_lines": [ 7.141333, 7.178499, 7.599572, 7.932263 ] }, { "date": "2024-08-16", "close": 7.3, "volume": 16127089, "typical_volume": 8599203.85, "trend": 8.324137, "fair_value": 12.541165, "relative_strength": -15.859198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.572392, "energy": 33.468048, "activity_lines": [ 7.207333, 7.185747, 7.532595, 7.855321 ] }, { "date": "2024-08-23", "close": 6.74, "volume": 7867783, "typical_volume": 8669984.55, "trend": 8.166922, "fair_value": 12.47628, "relative_strength": -20.34383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.567909, "energy": 41.167039, "activity_lines": [ 7.08, 7.096408, 7.422201, 7.753119 ] }, { "date": "2024-08-30", "close": 7.17, "volume": 7197947, "typical_volume": 8502445.75, "trend": 8.021381, "fair_value": 12.421366, "relative_strength": -16.476975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.922511, "energy": 33.787899, "activity_lines": [ 7.1, 7.101029, 7.366577, 7.688801 ] }, { "date": "2024-09-06", "close": 6.98, "volume": 6100583, "typical_volume": 7846372.95, "trend": 7.961571, "fair_value": 12.364366, "relative_strength": -15.945621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.845859, "energy": 37.896664, "activity_lines": [ 7.044667, 7.075618, 7.301067, 7.621615 ] }, { "date": "2024-09-13", "close": 6.92, "volume": 6792603, "typical_volume": 7314818.3, "trend": 7.965235, "fair_value": 12.302449, "relative_strength": -14.662384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.201205, "energy": 41.229854, "activity_lines": [ 6.987333, 7.045091, 7.233355, 7.554417 ] }, { "date": "2024-09-20", "close": 6.91, "volume": 4136613, "typical_volume": 7238300.0, "trend": 7.913063, "fair_value": 12.240231, "relative_strength": -15.269041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.777356, "energy": 37.601998, "activity_lines": [ 6.95, 7.017455, 7.171384, 7.486338 ] }, { "date": "2024-09-27", "close": 7.74, "volume": 8160032, "typical_volume": 7157267.4, "trend": 7.891215, "fair_value": 12.180535, "relative_strength": -18.913095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.636081, "energy": 16.886596, "activity_lines": [ 7.215333, 7.146, 7.196673, 7.475172 ] }, { "date": "2024-10-04", "close": 8.61, "volume": 5137422, "typical_volume": 7039743.9, "trend": 7.900695, "fair_value": 12.113249, "relative_strength": -17.973147, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.029899, "energy": 20.519612, "activity_lines": [ 7.704, 7.415636, 7.310504, 7.521546 ] }, { "date": "2024-10-11", "close": 7.95, "volume": 23650085, "typical_volume": 7891644.5, "trend": 7.860256, "fair_value": 12.044256, "relative_strength": -20.140797, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.717702, "energy": 24.569163, "activity_lines": [ 7.876667, 7.535818, 7.363257, 7.524727 ] }, { "date": "2024-10-18", "close": 8.48, "volume": 78645538, "typical_volume": 11494571.1, "trend": 7.828842, "fair_value": 11.982917, "relative_strength": -16.766671, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.590233, "energy": 34.929216, "activity_lines": [ 8.161333, 7.739636, 7.469036, 7.56471 ] }, { "date": "2024-10-25", "close": 9.03, "volume": 31977291, "typical_volume": 12543554.65, "trend": 7.817091, "fair_value": 11.924946, "relative_strength": -13.041142, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.980109, "energy": 59.034923, "activity_lines": [ 8.525333, 8.021455, 7.627124, 7.642204 ] }, { "date": "2024-11-01", "close": 9.37, "volume": 42222796, "typical_volume": 14351425.25, "trend": 7.808033, "fair_value": 11.878931, "relative_strength": -7.81985, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.523036, "energy": 63.014058, "activity_lines": [ 8.861333, 8.333636, 7.810726, 7.742392 ] }, { "date": "2024-11-08", "close": 10.07, "volume": 22780277, "typical_volume": 15171107.65, "trend": 7.847234, "fair_value": 11.833855, "relative_strength": -6.653179, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.910969, "energy": 79.591768, "activity_lines": [ 9.322, 8.725273, 8.052603, 7.888325 ] }, { "date": "2024-11-15", "close": 9.68, "volume": 17746607, "typical_volume": 15701215.0, "trend": 7.912654, "fair_value": 11.789315, "relative_strength": -6.275574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.412234, "energy": 76.273383, "activity_lines": [ 9.555333, 8.993273, 8.244709, 8.006568 ] }, { "date": "2024-11-22", "close": 9.36, "volume": 14926829, "typical_volume": 16141440.65, "trend": 7.947133, "fair_value": 11.749622, "relative_strength": -6.09351, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.325703, "energy": 67.348464, "activity_lines": [ 9.566667, 9.154, 8.395, 8.099945 ] }, { "date": "2024-11-29", "close": 9.85, "volume": 13017486, "typical_volume": 16397649.9, "trend": 7.987643, "fair_value": 11.713701, "relative_strength": -2.205742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.603973, "energy": 62.567638, "activity_lines": [ 9.682667, 9.359455, 8.581571, 8.222711 ] }, { "date": "2024-12-06", "close": 10.15, "volume": 13885722, "typical_volume": 16810534.0, "trend": 8.028181, "fair_value": 11.67509, "relative_strength": -0.293222, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.778963, "energy": 53.598303, "activity_lines": [ 9.844, 9.566, 8.784095, 8.362218 ] }, { "date": "2024-12-13", "close": 10.3, "volume": 18610464, "typical_volume": 17440070.95, "trend": 8.072058, "fair_value": 11.624906, "relative_strength": 2.455193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.008086, "energy": 51.812905, "activity_lines": [ 10.003333, 9.756, 8.984952, 8.508787 ] }, { "date": "2024-12-20", "close": 9.7, "volume": 17107387, "typical_volume": 18047151.6, "trend": 8.112553, "fair_value": 11.571151, "relative_strength": -2.177347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.414641, "energy": 44.920948, "activity_lines": [ 9.947333, 9.806182, 9.112905, 8.613815 ] }, { "date": "2024-12-27", "close": 8.62, "volume": 19837285, "typical_volume": 18796391.95, "trend": 8.117713, "fair_value": 11.506965, "relative_strength": -12.318212, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.601224, "energy": 29.085465, "activity_lines": [ 9.53, 9.628182, 9.126333, 8.646554 ] }, { "date": "2025-01-03", "close": 7.81, "volume": 13481437, "typical_volume": 18664109.35, "trend": 8.12512, "fair_value": 11.441528, "relative_strength": -13.560109, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.381959, "energy": 14.791607, "activity_lines": [ 8.892, 9.300364, 9.05619, 8.626701 ] }, { "date": "2025-01-10", "close": 7.77, "volume": 11647608, "typical_volume": 18853100.6, "trend": 8.130529, "fair_value": 11.382616, "relative_strength": -12.071727, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.200829, "energy": 21.259635, "activity_lines": [ 8.376667, 8.987455, 8.97981, 8.60379 ] }, { "date": "2025-01-17", "close": 8.28, "volume": 12359927, "typical_volume": 19111199.6, "trend": 8.159254, "fair_value": 11.319364, "relative_strength": -8.581434, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.61302, "energy": 25.405529, "activity_lines": [ 8.19, 8.796364, 8.947095, 8.613434 ] }, { "date": "2025-01-24", "close": 8.47, "volume": 11574474, "typical_volume": 19384894.15, "trend": 8.198299, "fair_value": 11.264111, "relative_strength": -6.709725, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.126966, "energy": 23.032551, "activity_lines": [ 8.201333, 8.672364, 8.92719, 8.633482 ] }, { "date": "2025-01-31", "close": 8.53, "volume": 2117820, "typical_volume": 19151155.0, "trend": 8.243333, "fair_value": 11.213145, "relative_strength": -3.784783, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.773419, "energy": 23.086857, "activity_lines": [ 8.314667, 8.581273, 8.905905, 8.654882 ] }, { "date": "2025-02-07", "close": 8.94, "volume": 6401470, "typical_volume": 19264397.85, "trend": 8.301333, "fair_value": 11.164925, "relative_strength": -2.640982, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.386065, "energy": 9.688928, "activity_lines": [ 8.570667, 8.579818, 8.916, 8.699828 ] }, { "date": "2025-02-14", "close": 8.98, "volume": 9608066, "typical_volume": 19336799.55, "trend": 8.374, "fair_value": 11.118893, "relative_strength": -3.918216, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.085525, "energy": 18.893197, "activity_lines": [ 8.764667, 8.602182, 8.920238, 8.743613 ] }, { "date": "2025-02-21", "close": 9.04, "volume": 10962852, "typical_volume": 19628071.05, "trend": 8.442333, "fair_value": 11.081485, "relative_strength": -5.170099, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.067562, "energy": 24.867707, "activity_lines": [ 8.898, 8.656727, 8.924286, 8.786581 ] }, { "date": "2025-02-28", "close": 8.82, "volume": 11139096, "typical_volume": 19002521.6, "trend": 8.494667, "fair_value": 11.050078, "relative_strength": -4.038674, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.882402, "energy": 23.826889, "activity_lines": [ 8.907333, 8.694182, 8.905333, 8.810946 ] }, { "date": "2025-03-07", "close": 9.16, "volume": 11363706, "typical_volume": 15638430.0, "trend": 8.557667, "fair_value": 11.01675, "relative_strength": -2.381061, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.48693, "energy": 26.075056, "activity_lines": [ 9.006667, 8.809455, 8.914619, 8.853871 ] }, { "date": "2025-03-14", "close": 9.48, "volume": 10904911, "typical_volume": 14584811.0, "trend": 8.630333, "fair_value": 10.981768, "relative_strength": -0.009838, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.000618, "energy": 35.44614, "activity_lines": [ 9.170667, 8.973091, 8.951143, 8.913376 ] }, { "date": "2025-03-21", "close": 9.27, "volume": 11091998, "typical_volume": 13028271.1, "trend": 8.714667, "fair_value": 10.948988, "relative_strength": 0.69898, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.911812, "energy": 37.231303, "activity_lines": [ 9.228667, 9.068182, 8.965524, 8.954645 ] }, { "date": "2025-03-28", "close": 8.48, "volume": 17480918, "typical_volume": 12763303.15, "trend": 8.758333, "fair_value": 10.912444, "relative_strength": -6.772669, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 20.574675, "energy": 15.398406, "activity_lines": [ 9.004, 8.992364, 8.905143, 8.939505 ] }, { "date": "2025-04-04", "close": 8.52, "volume": 11694364, "typical_volume": 12460691.0, "trend": 8.809667, "fair_value": 10.871663, "relative_strength": -3.743462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.732256, "energy": 4.252654, "activity_lines": [ 8.83, 8.920182, 8.856143, 8.924129 ] }, { "date": "2025-04-11", "close": 8.09, "volume": 26129228, "typical_volume": 13020810.95, "trend": 8.848667, "fair_value": 10.817088, "relative_strength": -3.35659, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.265978, "energy": 36.404568, "activity_lines": [ 8.532667, 8.768909, 8.771714, 8.877699 ] }, { "date": "2025-04-18", "close": 8.25, "volume": 12069705, "typical_volume": 12973421.9, "trend": 8.893333, "fair_value": 10.767678, "relative_strength": -0.939639, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -59.162951, "energy": 59.078305, "activity_lines": [ 8.36, 8.654727, 8.708571, 8.839075 ] }, { "date": "2025-04-25", "close": 8.3, "volume": 10366535, "typical_volume": 12797462.55, "trend": 8.912, "fair_value": 10.710152, "relative_strength": -1.604979, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.604281, "energy": 63.258724, "activity_lines": [ 8.286, 8.562182, 8.65781, 8.800796 ] }, { "date": "2025-05-02", "close": 9.19, "volume": 15386260, "typical_volume": 12636252.35, "trend": 8.931333, "fair_value": 10.656794, "relative_strength": 9.067367, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.225551, "energy": 34.077589, "activity_lines": [ 8.573333, 8.643818, 8.700619, 8.818731 ] }, { "date": "2025-05-09", "close": 9.57, "volume": 17353520, "typical_volume": 12648559.0, "trend": 8.985333, "fair_value": 10.620931, "relative_strength": 10.963617, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.627222, "energy": 8.93657, "activity_lines": [ 8.94, 8.791818, 8.784905, 8.859935 ] }, { "date": "2025-05-16", "close": 9.59, "volume": 15843085, "typical_volume": 12448849.0, "trend": 9.022333, "fair_value": 10.590399, "relative_strength": 10.577085, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.424364, "energy": 29.070253, "activity_lines": [ 9.243333, 8.929818, 8.871714, 8.898946 ] }, { "date": "2025-05-23", "close": 9.51, "volume": 17874448, "typical_volume": 12668499.55, "trend": 9.038333, "fair_value": 10.569367, "relative_strength": 10.070305, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.981115, "energy": 37.139775, "activity_lines": [ 9.42, 9.045455, 8.946286, 8.930409 ] }, { "date": "2025-05-30", "close": 9.8, "volume": 14502835, "typical_volume": 12811260.9, "trend": 9.052667, "fair_value": 10.548026, "relative_strength": 14.27793, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.089651, "energy": 58.841579, "activity_lines": [ 9.609333, 9.213273, 9.040381, 8.979548 ] }, { "date": "2025-06-06", "close": 10.23, "volume": 13280495, "typical_volume": 12857289.3, "trend": 9.058, "fair_value": 10.523987, "relative_strength": 17.128998, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.570894, "energy": 66.719111, "activity_lines": [ 9.842, 9.449636, 9.165762, 9.055505 ] }, { "date": "2025-06-13", "close": 10.07, "volume": 15494340, "typical_volume": 13053282.6, "trend": 9.071, "fair_value": 10.500324, "relative_strength": 15.551422, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.624399, "energy": 71.321319, "activity_lines": [ 9.952, 9.625091, 9.266619, 9.120796 ] }, { "date": "2025-06-20", "close": 9.61, "volume": 17156949, "typical_volume": 13805239.05, "trend": 9.079333, "fair_value": 10.478299, "relative_strength": 11.210303, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.175492, "energy": 57.47868, "activity_lines": [ 9.875333, 9.688727, 9.316048, 9.15557 ] }, { "date": "2025-06-27", "close": 10.47, "volume": 18908153, "typical_volume": 14430573.2, "trend": 9.1, "fair_value": 10.461977, "relative_strength": 16.325401, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.392977, "energy": 64.380146, "activity_lines": [ 10.084, 9.881091, 9.442238, 9.24529 ] }, { "date": "2025-07-04", "close": 10.53, "volume": 16247543, "typical_volume": 14762547.05, "trend": 9.112667, "fair_value": 10.447314, "relative_strength": 15.092146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.639358, "energy": 60.777862, "activity_lines": [ 10.248667, 10.044, 9.566857, 9.337548 ] }, { "date": "2025-07-11", "close": 10.65, "volume": 14638560, "typical_volume": 14946332.45, "trend": 9.124333, "fair_value": 10.429216, "relative_strength": 13.905766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.38234, "energy": 73.554781, "activity_lines": [ 10.404667, 10.188182, 9.695524, 9.436731 ] }, { "date": "2025-07-18", "close": 10.81, "volume": 15267480, "typical_volume": 15152751.65, "trend": 9.161333, "fair_value": 10.412144, "relative_strength": 12.748012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.062787, "energy": 81.788204, "activity_lines": [ 10.586, 10.334909, 9.831762, 9.545484 ] }, { "date": "2025-07-25", "close": 11.26, "volume": 17980581, "typical_volume": 15483595.4, "trend": 9.249333, "fair_value": 10.394644, "relative_strength": 14.279107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.140282, "energy": 86.358493, "activity_lines": [ 10.868, 10.540909, 10.001381, 9.680882 ] }, { "date": "2025-08-01", "close": 11.31, "volume": 18886569, "typical_volume": 15882678.3, "trend": 9.366, "fair_value": 10.379758, "relative_strength": 16.173816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.107393, "energy": 89.188774, "activity_lines": [ 11.056667, 10.725636, 10.165762, 9.813828 ] }, { "date": "2025-08-08", "close": 11.83, "volume": 19227393, "typical_volume": 16289448.05, "trend": 9.501333, "fair_value": 10.369988, "relative_strength": 19.504537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.639522, "energy": 92.345744, "activity_lines": [ 11.362667, 10.972182, 10.370952, 9.972796 ] }, { "date": "2025-08-15", "close": 11.5, "volume": 19246960, "typical_volume": 16377750.15, "trend": 9.608667, "fair_value": 10.352053, "relative_strength": 10.845009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.795001, "energy": 83.950372, "activity_lines": [ 11.472, 11.121818, 10.532524, 10.101742 ] }, { "date": "2025-08-22", "close": 11.63, "volume": 19757340, "typical_volume": 16780898.95, "trend": 9.714, "fair_value": 10.336288, "relative_strength": 6.897119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.699123, "energy": 76.166562, "activity_lines": [ 11.568, 11.272, 10.692095, 10.232151 ] }, { "date": "2025-08-29", "close": 10.61, "volume": 28870684, "typical_volume": 16917971.75, "trend": 9.783333, "fair_value": 10.319017, "relative_strength": -6.503397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.210626, "energy": 52.124829, "activity_lines": [ 11.269333, 11.208364, 10.739714, 10.289957 ] }, { "date": "2025-09-05", "close": 10.77, "volume": 24690690, "typical_volume": 17549021.0, "trend": 9.844333, "fair_value": 10.298567, "relative_strength": -4.291213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.974619, "energy": 34.77991, "activity_lines": [ 11.067333, 11.155636, 10.790571, 10.353613 ] }, { "date": "2025-09-12", "close": 11.05, "volume": 16094829, "typical_volume": 17835435.7, "trend": 9.913333, "fair_value": 10.281951, "relative_strength": -4.313137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.705323, "energy": 26.501101, "activity_lines": [ 10.994667, 11.148364, 10.856095, 10.431398 ] }, { "date": "2025-09-19", "close": 10.57, "volume": 16085831, "typical_volume": 17870414.25, "trend": 9.964333, "fair_value": 10.263913, "relative_strength": -9.405443, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.157518, "energy": 25.444883, "activity_lines": [ 10.814, 11.044364, 10.86281, 10.473763 ] }, { "date": "2025-09-26", "close": 10.53, "volume": 18813005, "typical_volume": 17943388.5, "trend": 10.021333, "fair_value": 10.24562, "relative_strength": -10.660796, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.831943, "energy": 21.477693, "activity_lines": [ 10.682, 10.934545, 10.859143, 10.510258 ] }, { "date": "2025-10-03", "close": 10.92, "volume": 6599054, "typical_volume": 17481186.95, "trend": 10.08, "fair_value": 10.229125, "relative_strength": -9.506436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.22759, "energy": 17.635495, "activity_lines": [ 10.753333, 10.900727, 10.888048, 10.568237 ] }, { "date": "2025-10-10", "close": 10.97, "volume": 8288632, "typical_volume": 17001896.15, "trend": 10.129667, "fair_value": 10.21983, "relative_strength": -7.989372, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.708054, "energy": 14.044123, "activity_lines": [ 10.820667, 10.882182, 10.915381, 10.625656 ] }, { "date": "2025-10-17", "close": 10.86, "volume": 17038788, "typical_volume": 17128693.8, "trend": 10.182667, "fair_value": 10.211231, "relative_strength": -4.204306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.243846, "energy": 11.813599, "activity_lines": [ 10.838, 10.849818, 10.925286, 10.672774 ] }, { "date": "2025-10-24", "close": 11.33, "volume": 20892582, "typical_volume": 17509298.15, "trend": 10.277667, "fair_value": 10.209466, "relative_strength": -4.577244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.729753, "energy": 26.541754, "activity_lines": [ 11.024667, 10.920545, 10.974905, 10.746796 ] }, { "date": "2025-10-31", "close": 11.17, "volume": 18702786, "typical_volume": 17669720.45, "trend": 10.366, "fair_value": 10.201326, "relative_strength": -6.427506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.268092, "energy": 25.746076, "activity_lines": [ 11.107333, 10.965273, 11.004048, 10.804366 ] }, { "date": "2025-11-07", "close": 11.91, "volume": 20878958, "typical_volume": 17855820.9, "trend": 10.493333, "fair_value": 10.198502, "relative_strength": -0.391527, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.844985, "energy": 51.750729, "activity_lines": [ 11.394, 11.152909, 11.098429, 10.903978 ] }, { "date": "2025-11-14", "close": 12.28, "volume": 15359478, "typical_volume": 17678387.15, "trend": 10.627667, "fair_value": 10.205566, "relative_strength": 4.099898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.52553, "energy": 70.707746, "activity_lines": [ 11.738, 11.384182, 11.217095, 11.019247 ] }, { "date": "2025-11-21", "close": 11.01, "volume": 18093067, "typical_volume": 17770663.35, "trend": 10.718, "fair_value": 10.19812, "relative_strength": -1.580069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.328648, "energy": 48.467038, "activity_lines": [ 11.571333, 11.357091, 11.20619, 11.043914 ] }, { "date": "2025-11-28", "close": 11.58, "volume": 15661357, "typical_volume": 17821803.2, "trend": 10.797667, "fair_value": 10.194136, "relative_strength": 0.037834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.062272, "energy": 48.460714, "activity_lines": [ 11.584667, 11.434364, 11.247286, 11.099527 ] }, { "date": "2025-12-05", "close": 11.3, "volume": 16130400, "typical_volume": 17864949.2, "trend": 10.855333, "fair_value": 10.183835, "relative_strength": -3.426791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.138895, "energy": 28.261268, "activity_lines": [ 11.488, 11.442364, 11.257286, 11.131935 ] }, { "date": "2025-12-12", "close": 10.61, "volume": 18948090, "typical_volume": 17913324.65, "trend": 10.889333, "fair_value": 10.171723, "relative_strength": -9.766206, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.143625, "energy": 11.68713, "activity_lines": [ 11.152667, 11.310909, 11.199238, 11.116108 ] }, { "date": "2025-12-19", "close": 10.98, "volume": 17758099, "typical_volume": 17856901.15, "trend": 10.938333, "fair_value": 10.162237, "relative_strength": -5.625616, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.197271, "energy": 14.717014, "activity_lines": [ 11.027333, 11.252364, 11.179524, 11.121957 ] }, { "date": "2025-12-26", "close": 10.81, "volume": 14241760, "typical_volume": 17607619.5, "trend": 10.972, "fair_value": 10.154528, "relative_strength": -10.226362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.250402, "energy": 13.87715, "activity_lines": [ 10.932, 11.162727, 11.14519, 11.113677 ] }, { "date": "2026-01-02", "close": 10.75, "volume": 7882482, "typical_volume": 17039395.6, "trend": 10.989333, "fair_value": 10.148982, "relative_strength": -10.215169, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.615241, "energy": 19.904273, "activity_lines": [ 10.83, 11.063091, 11.11, 11.099355 ] }, { "date": "2026-01-09", "close": 11.07, "volume": 19310264, "typical_volume": 17017041.8, "trend": 11.022667, "fair_value": 10.148162, "relative_strength": -11.421666, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.511109, "energy": 14.120532, "activity_lines": [ 10.89, 11.032182, 11.108857, 11.104559 ] }, { "date": "2026-01-16", "close": 11.28, "volume": 15214392, "typical_volume": 16334227.2, "trend": 11.078333, "fair_value": 10.148178, "relative_strength": -10.70992, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.544844, "energy": 4.499386, "activity_lines": [ 11.035333, 11.041273, 11.130381, 11.121161 ] }, { "date": "2026-01-23", "close": 12.12, "volume": 15056868, "typical_volume": 15852536.1, "trend": 11.133333, "fair_value": 10.152115, "relative_strength": -5.148198, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.862097, "energy": 26.640175, "activity_lines": [ 11.416, 11.214545, 11.228714, 11.188366 ] }, { "date": "2026-01-30", "close": 11.94, "volume": 17862805, "typical_volume": 15940934.9, "trend": 11.180333, "fair_value": 10.156299, "relative_strength": -5.020447, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.679723, "energy": 43.897525, "activity_lines": [ 11.660667, 11.358, 11.303476, 11.240409 ] }, { "date": "2026-02-06", "close": 12.29, "volume": 18629977, "typical_volume": 16068142.2, "trend": 11.235, "fair_value": 10.160497, "relative_strength": -0.216557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.893, "energy": 62.902548, "activity_lines": [ 11.946667, 11.548182, 11.407333, 11.312 ] }, { "date": "2026-02-13", "close": 12.33, "volume": 13795785, "typical_volume": 15817281.2, "trend": 11.285667, "fair_value": 10.161958, "relative_strength": -1.348997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.348425, "energy": 68.805462, "activity_lines": [ 12.143333, 11.732727, 11.50681, 11.382645 ] }, { "date": "2026-02-27", "close": 12.64, "volume": 11469772, "typical_volume": 16060817.1, "trend": 11.331667, "fair_value": 10.163686, "relative_strength": -1.729559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.537368, "energy": 75.077956, "activity_lines": [ 12.359333, 11.954909, 11.627238, 11.470022 ] }, { "date": "2026-03-06", "close": 12.48, "volume": 18453369, "typical_volume": 16569053.95, "trend": 11.370667, "fair_value": 10.16458, "relative_strength": -0.871987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.542757, "energy": 69.505496, "activity_lines": [ 12.431333, 12.111091, 11.724238, 11.544108 ] }, { "date": "2026-03-13", "close": 12.62, "volume": 19005776, "typical_volume": 16667403.35, "trend": 11.397, "fair_value": 10.166308, "relative_strength": -0.602977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.045341, "energy": 66.43125, "activity_lines": [ 12.526, 12.265455, 11.827381, 11.62471 ] }, { "date": "2026-03-20", "close": 11.83, "volume": 18989351, "typical_volume": 16572241.8, "trend": 11.408, "fair_value": 10.16157, "relative_strength": -4.017813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.806475, "energy": 40.79049, "activity_lines": [ 12.312, 12.243273, 11.846905, 11.652645 ] }, { "date": "2026-03-27", "close": 13.21, "volume": 30710756, "typical_volume": 17172640.3, "trend": 11.460667, "fair_value": 10.164851, "relative_strength": 7.787029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.909935, "energy": 47.617834, "activity_lines": [ 12.588667, 12.452364, 11.995476, 11.768903 ] }, { "date": "2026-04-03", "close": 11.73, "volume": 31702966, "typical_volume": 17713840.7, "trend": 11.498, "fair_value": 10.161064, "relative_strength": -1.536356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.540122, "energy": 24.131604, "activity_lines": [ 12.313333, 12.353455, 11.993381, 11.78628 ] }, { "date": "2026-04-10", "close": 12.88, "volume": 18312671, "typical_volume": 17861500.35, "trend": 11.568333, "fair_value": 10.163694, "relative_strength": 0.71977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.705361, "energy": 30.460456, "activity_lines": [ 12.482, 12.455455, 12.101667, 11.875441 ] }, { "date": "2026-04-17", "close": 12.45, "volume": 16383292, "typical_volume": 17776011.6, "trend": 11.615, "fair_value": 10.16758, "relative_strength": -6.437462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.605043, "energy": 28.432232, "activity_lines": [ 12.480667, 12.465455, 12.166143, 11.932323 ] }, { "date": "2026-04-24", "close": 12.71, "volume": 13908463, "typical_volume": 17688366.9, "trend": 11.686333, "fair_value": 10.173261, "relative_strength": -4.849353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.03811, "energy": 26.03203, "activity_lines": [ 12.577333, 12.513455, 12.248524, 12.002968 ] }, { "date": "2026-05-01", "close": 14.19, "volume": 22688787, "typical_volume": 18016286.25, "trend": 11.808333, "fair_value": 10.18881, "relative_strength": 4.823603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.500398, "energy": 55.740467, "activity_lines": [ 13.108667, 12.822909, 12.466476, 12.164495 ] }, { "date": "2026-05-08", "close": 14.58, "volume": 15515138, "typical_volume": 17844638.65, "trend": 11.930333, "fair_value": 10.210936, "relative_strength": 4.528204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.453849, "energy": 71.013391, "activity_lines": [ 13.704667, 13.169455, 12.70781, 12.343312 ] }, { "date": "2026-05-15", "close": 13.87, "volume": 20557905, "typical_volume": 17984628.95, "trend": 12.027, "fair_value": 10.227492, "relative_strength": -0.431722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.03568, "energy": 68.344552, "activity_lines": [ 13.874, 13.351636, 12.862619, 12.468452 ] }, { "date": "2026-05-22", "close": 13.62, "volume": 19353474, "typical_volume": 18240214.65, "trend": 12.119, "fair_value": 10.242254, "relative_strength": -2.307121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.047756, "energy": 64.91385, "activity_lines": [ 13.894, 13.463091, 12.979857, 12.571226 ] }, { "date": "2026-05-29", "close": 12.07, "volume": 20663662, "typical_volume": 18879273.65, "trend": 12.143667, "fair_value": 10.246188, "relative_strength": -12.995381, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.695273, "energy": 27.780823, "activity_lines": [ 13.319333, 13.274545, 12.936095, 12.568065 ] }, { "date": "2026-06-05", "close": 11.91, "volume": 3535220, "typical_volume": 18090521.45, "trend": 12.168333, "fair_value": 10.24795, "relative_strength": -12.313279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.138889, "energy": 13.154758, "activity_lines": [ 12.734, 13.052545, 12.87081, 12.552989 ] }, { "date": "2026-06-12", "close": 11.08, "volume": 3053900, "typical_volume": 17482496.85, "trend": 12.140667, "fair_value": 10.243819, "relative_strength": -16.02816, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -28.338338, "energy": 28.312897, "activity_lines": [ 12.024, 12.703273, 12.722476, 12.482774 ] }, { "date": "2026-06-19", "close": 10.62, "volume": 13742494, "typical_volume": 17416778.15, "trend": 12.085333, "fair_value": 10.236993, "relative_strength": -24.324386, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.441457, "energy": 39.093221, "activity_lines": [ 11.394, 12.282182, 12.531286, 12.384667 ] }, { "date": "2026-06-26", "close": 10.6, "volume": 7644480, "typical_volume": 16905861.9, "trend": 12.071667, "fair_value": 10.232587, "relative_strength": -22.787705, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.831018, "energy": 58.444058, "activity_lines": [ 10.974, 11.898545, 12.345333, 12.288839 ] }, { "date": "2026-07-03", "close": 12.46, "volume": 9699105, "typical_volume": 16459318.3, "trend": 12.101, "fair_value": 10.241251, "relative_strength": -7.736039, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.927786, "energy": 45.077836, "activity_lines": [ 11.375333, 11.886727, 12.342905, 12.313892 ] }, { "date": "2026-07-10", "close": 12.61, "volume": 40931246, "typical_volume": 17816091.35, "trend": 12.144667, "fair_value": 10.252405, "relative_strength": -2.853202, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.734469, "energy": 16.127534, "activity_lines": [ 11.800667, 11.906727, 12.353952, 12.346731 ] }, { "date": "2026-07-17", "close": 14.11, "volume": 60900486, "typical_volume": 20287627.05, "trend": 12.261333, "fair_value": 10.27069, "relative_strength": 19.238326, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.868046, "energy": 20.659681, "activity_lines": [ 12.679333, 12.228182, 12.506524, 12.473527 ] }, { "date": "2026-07-24", "close": 14.79, "volume": 51925774, "typical_volume": 21961247.3, "trend": 12.388333, "fair_value": 10.292378, "relative_strength": 24.139435, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.197783, "energy": 41.488203, "activity_lines": [ 13.582667, 12.681818, 12.716857, 12.636667 ] }, { "date": "2026-07-31", "close": 13.5, "volume": 39769436, "typical_volume": 22999430.3, "trend": 12.478, "fair_value": 10.305542, "relative_strength": 14.981217, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.709254, "energy": 40.696051, "activity_lines": [ 13.778, 12.884182, 12.793333, 12.708387 ] }, { "date": "2026-08-07", "close": 13.97, "volume": 26882042, "typical_volume": 23394064.85, "trend": 12.585333, "fair_value": 10.320759, "relative_strength": 13.030414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.880604, "energy": 51.251139, "activity_lines": [ 13.936667, 13.174182, 12.910381, 12.804645 ] } ], "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." } } }