{ "ticker": { "uuid": "fa057bdb-2641-408d-832f-0435b6a6e126", "symbol": "002456", "name": "OFILM Group 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": 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": -60.727, "architecture_energy": 74.789, "architecture_maturity": 17.443, "architecture_confidence": 78.486, "architecture_tenure": "New", "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": 22.12, "rotation_up": 10.98, "upward_expansion": 19.35, "deceleration": 34.21, "rotation_down": 71.78, "downward_expansion": 88.01 }, "activity_lines": [ 7.441333, 8.072, 8.511857, 8.746903 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 7.62, "trend_reference": 9.159, "distance_from_trend": -0.168031, "trend_direction": "Weakening", "fair_value": 10.162756, "distance_from_fair_value": -0.250203, "fair_value_direction": "Weakening", "relative_strength": -29.764023, "relative_strength_direction": "Improving", "price_momentum": -0.219262, "excess_performance": -0.226662, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.168031, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.091609, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.250203, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.156592, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.29764, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.059584, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.219262, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.04307, "read": "Demand-led" } ], "volume": { "latest": 645642298, "relative_activity": 1.561107, "balance": 2.04307, "dry_up": 1.491129, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.130325, "annualized_volatility": 0.499994, "from_high_reference": -0.486523, "from_low_reference": 0.152799 }, "levels": { "trend_reference": 9.159, "fair_value_reference": 10.162756, "structural_low": 6.61, "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": 28, "median_return": 0.002563, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017129, "regime_survival": 0.75, "best_return": 0.149826, "worst_return": -0.216407, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.004082, "positive_rate": 0.363636, "directional_follow_through": 0.545455, "median_excess_return": -0.085058, "regime_survival": 0.363636, "best_return": 0.150845, "worst_return": -0.218101, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.094055, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.124175, "regime_survival": 0.0, "best_return": 1.199195, "worst_return": -0.254597, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.148792, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.016059, "regime_survival": 0.75, "best_return": 0.552666, "worst_return": -0.271357, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-10-04", "tenure": "Developing", "return": 0.194478, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.265086, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": 0.01749, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-21", "tenure": "Developing", "return": 0.064291, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.094891, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.07686, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-08-15", "tenure": "Established", "return": 0.058563, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": -0.029545, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.112299, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.051304, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.052773, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-06-19", "tenure": "Established", "return": -0.126761, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": -0.29937, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.055402, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.74, "volume": 166696211, "typical_volume": 185147694.3, "trend": 5.207667, "fair_value": 8.544243, "relative_strength": 10.059443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.36203, "energy": 70.431628, "activity_lines": [ 5.817333, 5.662182, 5.402571, 5.316065 ] }, { "date": "2023-08-04", "close": 5.77, "volume": 104439440, "typical_volume": 185916583.1, "trend": 5.243, "fair_value": 8.456675, "relative_strength": 9.123235, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.091894, "energy": 52.056729, "activity_lines": [ 5.806667, 5.714909, 5.449571, 5.352344 ] }, { "date": "2023-08-11", "close": 5.48, "volume": 117407708, "typical_volume": 182908338.25, "trend": 5.262, "fair_value": 8.37641, "relative_strength": 7.693183, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.306783, "energy": 31.749831, "activity_lines": [ 5.688, 5.699636, 5.465048, 5.367634 ] }, { "date": "2023-08-18", "close": 5.28, "volume": 81265525, "typical_volume": 179633027.5, "trend": 5.274667, "fair_value": 8.285637, "relative_strength": 7.240925, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.397359, "energy": 17.968846, "activity_lines": [ 5.53, 5.639455, 5.461238, 5.368796 ] }, { "date": "2023-08-25", "close": 5.16, "volume": 121713656, "typical_volume": 180163308.8, "trend": 5.278, "fair_value": 8.194222, "relative_strength": 8.20592, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.285311, "energy": 17.303506, "activity_lines": [ 5.376, 5.549455, 5.446095, 5.361398 ] }, { "date": "2023-09-01", "close": 5.7, "volume": 199940931, "typical_volume": 181422185.3, "trend": 5.294, "fair_value": 8.10864, "relative_strength": 15.60347, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.646672, "energy": 22.763528, "activity_lines": [ 5.447333, 5.562182, 5.483381, 5.388624 ] }, { "date": "2023-09-08", "close": 6.13, "volume": 296255214, "typical_volume": 188396463.95, "trend": 5.321333, "fair_value": 8.025623, "relative_strength": 25.97351, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.670283, "energy": 28.429053, "activity_lines": [ 5.664667, 5.651273, 5.559857, 5.442559 ] }, { "date": "2023-09-15", "close": 6.0, "volume": 349974885, "typical_volume": 197800565.55, "trend": 5.35, "fair_value": 7.941579, "relative_strength": 24.675688, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.499614, "energy": 43.772866, "activity_lines": [ 5.814667, 5.707091, 5.618, 5.486344 ] }, { "date": "2023-09-22", "close": 5.93, "volume": 160243137, "typical_volume": 203962759.7, "trend": 5.370667, "fair_value": 7.875091, "relative_strength": 22.490071, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.451548, "energy": 61.62323, "activity_lines": [ 5.906667, 5.748182, 5.663619, 5.523763 ] }, { "date": "2023-09-29", "close": 6.4, "volume": 277864447, "typical_volume": 210605096.15, "trend": 5.412, "fair_value": 7.821291, "relative_strength": 32.494863, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.022637, "energy": 76.960012, "activity_lines": [ 6.112, 5.874909, 5.74819, 5.590172 ] }, { "date": "2023-10-13", "close": 10.3, "volume": 1771447919, "typical_volume": 295185610.25, "trend": 5.589333, "fair_value": 7.789543, "relative_strength": 109.773644, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.009128, "energy": 98.516532, "activity_lines": [ 7.534667, 6.700545, 6.197381, 5.905527 ] }, { "date": "2023-10-20", "close": 9.78, "volume": 3721139185, "typical_volume": 477667525.65, "trend": 5.750333, "fair_value": 7.7601, "relative_strength": 105.232706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.116539, "energy": 98.207812, "activity_lines": [ 8.477333, 7.348727, 6.571905, 6.175892 ] }, { "date": "2023-10-27", "close": 10.04, "volume": 3257002762, "typical_volume": 636483547.2, "trend": 5.904, "fair_value": 7.732132, "relative_strength": 102.127601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.576317, "energy": 95.800424, "activity_lines": [ 9.263333, 7.971273, 6.948095, 6.452645 ] }, { "date": "2023-11-03", "close": 10.85, "volume": 2769236787, "typical_volume": 770016969.15, "trend": 6.089, "fair_value": 7.704807, "relative_strength": 111.706885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.804601, "energy": 95.622492, "activity_lines": [ 10.05, 8.658182, 7.377476, 6.771742 ] }, { "date": "2023-11-10", "close": 11.04, "volume": 2894767107, "typical_volume": 890243495.9, "trend": 6.278, "fair_value": 7.67902, "relative_strength": 108.050546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.171184, "energy": 91.518266, "activity_lines": [ 10.572, 9.278364, 7.796333, 7.091161 ] }, { "date": "2023-11-17", "close": 10.93, "volume": 1467567050, "typical_volume": 949496436.1, "trend": 6.464667, "fair_value": 7.651183, "relative_strength": 101.204242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.697875, "energy": 74.73265, "activity_lines": [ 10.748, 9.771636, 8.177905, 7.39129 ] }, { "date": "2023-11-24", "close": 10.16, "volume": 1343209285, "typical_volume": 1004896628.15, "trend": 6.640667, "fair_value": 7.617321, "relative_strength": 86.034612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.671414, "energy": 66.911781, "activity_lines": [ 10.625333, 10.029818, 8.460762, 7.629699 ] }, { "date": "2023-12-01", "close": 10.22, "volume": 1026788683, "typical_volume": 1027205720.95, "trend": 6.822333, "fair_value": 7.576603, "relative_strength": 85.680197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.986621, "energy": 63.403444, "activity_lines": [ 10.497333, 10.225636, 8.727619, 7.860624 ] }, { "date": "2023-12-08", "close": 9.49, "volume": 741086434, "typical_volume": 1052574313.25, "trend": 6.981667, "fair_value": 7.533462, "relative_strength": 72.300798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.341158, "energy": 49.093155, "activity_lines": [ 10.114, 10.212, 8.904333, 8.032731 ] }, { "date": "2023-12-15", "close": 8.68, "volume": 990979830, "typical_volume": 1092951309.8, "trend": 7.105333, "fair_value": 7.490962, "relative_strength": 57.984408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.468241, "energy": 32.403686, "activity_lines": [ 9.551333, 9.986364, 8.987, 8.142301 ] }, { "date": "2023-12-22", "close": 8.23, "volume": 568979922, "typical_volume": 1113065495.35, "trend": 7.212333, "fair_value": 7.445192, "relative_strength": 50.250392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.641492, "energy": 28.033378, "activity_lines": [ 8.996, 9.637455, 9.013286, 8.21486 ] }, { "date": "2023-12-29", "close": 8.71, "volume": 1140475541, "typical_volume": 1164867300.4, "trend": 7.338333, "fair_value": 7.401218, "relative_strength": 51.628237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.776024, "energy": 27.392729, "activity_lines": [ 8.780667, 9.413455, 9.073429, 8.311484 ] }, { "date": "2024-01-05", "close": 8.0, "volume": 847584177, "typical_volume": 1201376123.85, "trend": 7.438, "fair_value": 7.359936, "relative_strength": 43.505331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.750652, "energy": 22.378347, "activity_lines": [ 8.425333, 9.079818, 9.051952, 8.354172 ] }, { "date": "2024-01-12", "close": 7.63, "volume": 594690099, "typical_volume": 1227047352.55, "trend": 7.531, "fair_value": 7.318013, "relative_strength": 36.886129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.112011, "energy": 25.660052, "activity_lines": [ 8.094667, 8.716, 8.983238, 8.366559 ] }, { "date": "2024-01-19", "close": 7.36, "volume": 375959297, "typical_volume": 1239759634.6, "trend": 7.596, "fair_value": 7.276538, "relative_strength": 33.505424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.596427, "energy": 31.497691, "activity_lines": [ 7.798, 8.361636, 8.877619, 8.355527 ] }, { "date": "2024-01-26", "close": 7.47, "volume": 947063043, "typical_volume": 1277115740.2, "trend": 7.658333, "fair_value": 7.239936, "relative_strength": 34.114121, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.275228, "energy": 54.590161, "activity_lines": [ 7.626, 8.094182, 8.772, 8.347398 ] }, { "date": "2024-02-02", "close": 6.48, "volume": 563312970, "typical_volume": 1290468628.0, "trend": 7.687667, "fair_value": 7.194167, "relative_strength": 25.098087, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.977391, "energy": 69.898904, "activity_lines": [ 7.174667, 7.709636, 8.563667, 8.271376 ] }, { "date": "2024-02-09", "close": 6.98, "volume": 755209266, "typical_volume": 1310730347.05, "trend": 7.724, "fair_value": 7.149359, "relative_strength": 21.761813, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.167837, "energy": 63.966587, "activity_lines": [ 7.038667, 7.482909, 8.401286, 8.22572 ] }, { "date": "2024-02-23", "close": 7.6, "volume": 772655447, "typical_volume": 1341350962.55, "trend": 7.779333, "fair_value": 7.121923, "relative_strength": 27.451793, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.444976, "energy": 46.112467, "activity_lines": [ 7.177333, 7.427818, 8.293286, 8.21772 ] }, { "date": "2024-03-01", "close": 8.65, "volume": 1424791481, "typical_volume": 1398697314.25, "trend": 7.873, "fair_value": 7.111474, "relative_strength": 37.520217, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.502957, "energy": 15.495096, "activity_lines": [ 7.668, 7.598, 8.277333, 8.273892 ] }, { "date": "2024-03-08", "close": 9.3, "volume": 2204706348, "typical_volume": 1420360235.7, "trend": 7.991667, "fair_value": 7.105962, "relative_strength": 46.598338, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 18.33767, "energy": 19.81602, "activity_lines": [ 8.289333, 7.886909, 8.312571, 8.365957 ] }, { "date": "2024-03-15", "close": 9.79, "volume": 1458516067, "typical_volume": 1307229079.8, "trend": 8.125667, "fair_value": 7.102308, "relative_strength": 47.9598, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 50.022946, "energy": 42.834372, "activity_lines": [ 8.952, 8.245455, 8.399238, 8.481978 ] }, { "date": "2024-03-22", "close": 10.44, "volume": 1630226207, "typical_volume": 1225890252.05, "trend": 8.291, "fair_value": 7.098013, "relative_strength": 55.707265, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 69.55843, "energy": 56.800415, "activity_lines": [ 9.610667, 8.702545, 8.547762, 8.63129 ] }, { "date": "2024-03-29", "close": 10.42, "volume": 1421048235, "typical_volume": 1158480824.45, "trend": 8.462333, "fair_value": 7.096731, "relative_strength": 55.279634, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.836729, "energy": 74.007267, "activity_lines": [ 10.032, 9.111636, 8.692476, 8.768645 ] }, { "date": "2024-04-05", "close": 10.17, "volume": 757999239, "typical_volume": 1051642431.05, "trend": 8.629333, "fair_value": 7.091026, "relative_strength": 46.899205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.273701, "energy": 73.478944, "activity_lines": [ 10.182, 9.424545, 8.815429, 8.878817 ] }, { "date": "2024-04-12", "close": 9.07, "volume": 909537409, "typical_volume": 1023740949.0, "trend": 8.741667, "fair_value": 7.082115, "relative_strength": 33.623418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.191398, "energy": 57.090703, "activity_lines": [ 9.864, 9.486364, 8.837762, 8.907247 ] }, { "date": "2024-04-19", "close": 9.1, "volume": 1123392372, "typical_volume": 1012750103.35, "trend": 8.840667, "fair_value": 7.085641, "relative_strength": 31.4964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.170194, "energy": 31.701052, "activity_lines": [ 9.571333, 9.524545, 8.87181, 8.930366 ] }, { "date": "2024-04-26", "close": 9.17, "volume": 799835049, "typical_volume": 1001402421.65, "trend": 8.946333, "fair_value": 7.090321, "relative_strength": 28.215202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 10.868643, "energy": 9.941616, "activity_lines": [ 9.348, 9.527818, 8.917571, 8.951613 ] }, { "date": "2024-05-03", "close": 8.8, "volume": 427437615, "typical_volume": 985719980.7, "trend": 9.042, "fair_value": 7.091154, "relative_strength": 19.959552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -9.973626, "energy": 14.236358, "activity_lines": [ 9.086, 9.424, 8.933095, 8.942172 ] }, { "date": "2024-05-10", "close": 8.35, "volume": 696735242, "typical_volume": 971007751.3, "trend": 9.107, "fair_value": 7.088333, "relative_strength": 10.920219, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.433857, "energy": 18.497933, "activity_lines": [ 8.782, 9.216545, 8.909048, 8.897527 ] }, { "date": "2024-05-17", "close": 8.26, "volume": 425919224, "typical_volume": 963854716.4, "trend": 9.039, "fair_value": 7.085513, "relative_strength": 8.809587, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.001192, "energy": 28.906898, "activity_lines": [ 8.569333, 8.998182, 8.878, 8.842882 ] }, { "date": "2024-05-24", "close": 7.9, "volume": 474615472, "typical_volume": 930561712.95, "trend": 8.976333, "fair_value": 7.081987, "relative_strength": 6.202502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.496648, "energy": 39.040888, "activity_lines": [ 8.290667, 8.733273, 8.812524, 8.769398 ] }, { "date": "2024-05-31", "close": 8.09, "volume": 403292171, "typical_volume": 908347112.65, "trend": 8.911333, "fair_value": 7.079487, "relative_strength": 8.369868, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.928607, "energy": 50.344868, "activity_lines": [ 8.155333, 8.537273, 8.769, 8.712215 ] }, { "date": "2024-06-07", "close": 7.69, "volume": 394474896, "typical_volume": 898336352.5, "trend": 8.806, "fair_value": 7.075833, "relative_strength": 3.277336, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.243262, "energy": 62.791225, "activity_lines": [ 7.958667, 8.311273, 8.686952, 8.633419 ] }, { "date": "2024-06-14", "close": 8.04, "volume": 378058130, "typical_volume": 898441294.15, "trend": 8.706, "fair_value": 7.072564, "relative_strength": 6.960771, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.272553, "energy": 56.168408, "activity_lines": [ 7.952667, 8.198545, 8.637952, 8.584 ] }, { "date": "2024-06-21", "close": 7.96, "volume": 500222817, "typical_volume": 876099282.85, "trend": 8.607, "fair_value": 7.068526, "relative_strength": 6.997479, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.949309, "energy": 49.544995, "activity_lines": [ 7.940667, 8.11, 8.578095, 8.535871 ] }, { "date": "2024-06-28", "close": 7.81, "volume": 482234462, "typical_volume": 872045357.45, "trend": 8.528667, "fair_value": 7.0625, "relative_strength": 6.536604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.270866, "energy": 45.198106, "activity_lines": [ 7.898667, 8.014364, 8.501619, 8.484452 ] }, { "date": "2024-07-05", "close": 7.55, "volume": 285150594, "typical_volume": 848542423.85, "trend": 8.439667, "fair_value": 7.054936, "relative_strength": 3.930832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.888594, "energy": 43.880664, "activity_lines": [ 7.776, 7.894909, 8.394048, 8.421312 ] }, { "date": "2024-07-12", "close": 8.44, "volume": 975876146, "typical_volume": 858703458.8, "trend": 8.404667, "fair_value": 7.054615, "relative_strength": 12.944152, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -14.547664, "energy": 17.825962, "activity_lines": [ 7.986, 7.966727, 8.368524, 8.421333 ] }, { "date": "2024-07-19", "close": 8.17, "volume": 747816404, "typical_volume": 824854704.95, "trend": 8.387667, "fair_value": 7.050577, "relative_strength": 7.80212, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -11.789674, "energy": 14.400926, "activity_lines": [ 8.056, 7.996, 8.313286, 8.406194 ] }, { "date": "2024-07-26", "close": 7.93, "volume": 580697420, "typical_volume": 743654258.55, "trend": 8.377667, "fair_value": 7.042628, "relative_strength": 7.422859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.681655, "energy": 22.689295, "activity_lines": [ 8.037333, 7.984909, 8.237476, 8.376667 ] }, { "date": "2024-08-02", "close": 7.99, "volume": 487610392, "typical_volume": 695108974.8, "trend": 8.353667, "fair_value": 7.038846, "relative_strength": 7.836325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.104414, "energy": 18.814798, "activity_lines": [ 8.040667, 7.990727, 8.173905, 8.351656 ] }, { "date": "2024-08-09", "close": 7.72, "volume": 350939750, "typical_volume": 631144651.95, "trend": 8.344333, "fair_value": 7.032949, "relative_strength": 5.235854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.373767, "energy": 31.382679, "activity_lines": [ 7.942, 7.945818, 8.09319, 8.310774 ] }, { "date": "2024-08-16", "close": 8.16, "volume": 692600773, "typical_volume": 594722278.85, "trend": 8.362, "fair_value": 7.033141, "relative_strength": 10.687967, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.400562, "energy": 25.654484, "activity_lines": [ 7.978667, 7.987636, 8.067333, 8.298882 ] }, { "date": "2024-08-23", "close": 8.12, "volume": 582882579, "typical_volume": 585966445.85, "trend": 8.387333, "fair_value": 7.034744, "relative_strength": 11.230227, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.495145, "energy": 19.521752, "activity_lines": [ 8.020667, 8.013636, 8.048429, 8.283269 ] }, { "date": "2024-08-30", "close": 8.33, "volume": 730574360, "typical_volume": 577018293.4, "trend": 8.416, "fair_value": 7.040962, "relative_strength": 10.654676, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.576925, "energy": 10.126768, "activity_lines": [ 8.136, 8.076364, 8.059286, 8.27957 ] }, { "date": "2024-09-06", "close": 8.85, "volume": 965158320, "typical_volume": 569106590.8, "trend": 8.495, "fair_value": 7.049359, "relative_strength": 19.237509, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.371508, "energy": 12.080248, "activity_lines": [ 8.398, 8.226909, 8.12319, 8.30757 ] }, { "date": "2024-09-13", "close": 8.06, "volume": 896025581, "typical_volume": 573916117.4, "trend": 8.531, "fair_value": 7.050385, "relative_strength": 9.5237, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.808618, "energy": 14.055923, "activity_lines": [ 8.339333, 8.214909, 8.113048, 8.279505 ] }, { "date": "2024-09-20", "close": 8.15, "volume": 294460636, "typical_volume": 567267268.45, "trend": 8.549333, "fair_value": 7.054872, "relative_strength": 8.555048, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.607013, "energy": 11.681007, "activity_lines": [ 8.288, 8.21, 8.116762, 8.254925 ] }, { "date": "2024-09-27", "close": 9.05, "volume": 1030262932, "typical_volume": 583943652.95, "trend": 8.562667, "fair_value": 7.065641, "relative_strength": 1.547548, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.502185, "energy": 19.880826, "activity_lines": [ 8.537333, 8.374, 8.209286, 8.287226 ] }, { "date": "2024-10-04", "close": 9.95, "volume": 394494821, "typical_volume": 582372432.8, "trend": 8.584333, "fair_value": 7.080064, "relative_strength": 0.140293, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 50.478395, "energy": 52.33424, "activity_lines": [ 9.024667, 8.685636, 8.38419, 8.376731 ] }, { "date": "2024-10-11", "close": 9.28, "volume": 1254651257, "typical_volume": 621374222.05, "trend": 8.567333, "fair_value": 7.086282, "relative_strength": -2.821773, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.165244, "energy": 52.556611, "activity_lines": [ 9.180667, 8.838727, 8.487238, 8.421613 ] }, { "date": "2024-10-18", "close": 11.74, "volume": 1987869673, "typical_volume": 700603097.15, "trend": 8.610667, "fair_value": 7.109487, "relative_strength": 19.14775, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.853824, "energy": 86.051762, "activity_lines": [ 10.128, 9.415636, 8.818, 8.626301 ] }, { "date": "2024-10-25", "close": 13.15, "volume": 3604878705, "typical_volume": 861123287.6, "trend": 8.701667, "fair_value": 7.140769, "relative_strength": 29.596244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.776824, "energy": 95.577951, "activity_lines": [ 11.3, 10.175818, 9.265667, 8.919161 ] }, { "date": "2024-11-01", "close": 15.88, "volume": 3221838602, "typical_volume": 1003312311.2, "trend": 8.892, "fair_value": 7.188718, "relative_strength": 57.404653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.37699, "energy": 97.530094, "activity_lines": [ 13.048667, 11.341636, 9.947333, 9.38228 ] }, { "date": "2024-11-08", "close": 17.34, "volume": 4122342395, "typical_volume": 1184418290.1, "trend": 9.167667, "fair_value": 7.245256, "relative_strength": 59.562957, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.324162, "energy": 97.510805, "activity_lines": [ 14.828667, 12.631818, 10.730714, 9.927312 ] }, { "date": "2024-11-15", "close": 15.96, "volume": 3511317158, "typical_volume": 1335872424.9, "trend": 9.396333, "fair_value": 7.299359, "relative_strength": 51.371918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.423932, "energy": 89.934676, "activity_lines": [ 15.656, 13.507273, 11.338, 10.365527 ] }, { "date": "2024-11-22", "close": 14.99, "volume": 2122362918, "typical_volume": 1427733041.1, "trend": 9.590333, "fair_value": 7.347436, "relative_strength": 45.425904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.850213, "energy": 77.924783, "activity_lines": [ 15.714667, 14.077091, 11.814095, 10.726409 ] }, { "date": "2024-11-29", "close": 13.39, "volume": 1481419912, "typical_volume": 1453010229.4, "trend": 9.743333, "fair_value": 7.385321, "relative_strength": 27.217708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.772031, "energy": 60.423865, "activity_lines": [ 15.023333, 14.23, 12.102381, 10.971548 ] }, { "date": "2024-12-06", "close": 14.29, "volume": 1467001675, "typical_volume": 1488969492.95, "trend": 9.941333, "fair_value": 7.424615, "relative_strength": 32.806191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.802498, "energy": 48.97544, "activity_lines": [ 14.616, 14.451273, 12.45281, 11.264882 ] }, { "date": "2024-12-13", "close": 13.38, "volume": 1036354775, "typical_volume": 1511752360.7, "trend": 10.112, "fair_value": 7.454744, "relative_strength": 24.642938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.488159, "energy": 33.472366, "activity_lines": [ 14.011333, 14.411818, 12.687429, 11.486731 ] }, { "date": "2024-12-20", "close": 12.91, "volume": 741022924, "typical_volume": 1524422987.3, "trend": 10.279, "fair_value": 7.48109, "relative_strength": 20.350598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.548584, "energy": 24.009887, "activity_lines": [ 13.514, 14.224545, 12.851333, 11.667247 ] }, { "date": "2024-12-27", "close": 12.59, "volume": 682718238, "typical_volume": 1541011911.7, "trend": 10.429, "fair_value": 7.506218, "relative_strength": 16.578309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.288746, "energy": 22.29314, "activity_lines": [ 13.113333, 13.913091, 12.961333, 11.816344 ] }, { "date": "2025-01-03", "close": 11.2, "volume": 503838354, "typical_volume": 1531573790.75, "trend": 10.546, "fair_value": 7.521923, "relative_strength": 11.242547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.763227, "energy": 19.868012, "activity_lines": [ 12.409333, 13.333455, 12.915762, 11.866086 ] }, { "date": "2025-01-10", "close": 11.05, "volume": 571186172, "typical_volume": 1530988970.4, "trend": 10.646333, "fair_value": 7.534744, "relative_strength": 10.363706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.018072, "energy": 15.581021, "activity_lines": [ 11.801333, 12.762, 12.841429, 11.898602 ] }, { "date": "2025-01-17", "close": 11.84, "volume": 730800365, "typical_volume": 1531000270.65, "trend": 10.775667, "fair_value": 7.554744, "relative_strength": 13.325722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.748713, "energy": 18.800234, "activity_lines": [ 11.672667, 12.422, 12.828381, 11.975613 ] }, { "date": "2025-01-24", "close": 12.48, "volume": 800525181, "typical_volume": 1522768613.7, "trend": 10.931333, "fair_value": 7.569936, "relative_strength": 17.105215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.924948, "energy": 16.994099, "activity_lines": [ 11.86, 12.298364, 12.859571, 12.08557 ] }, { "date": "2025-01-31", "close": 11.77, "volume": 199605397, "typical_volume": 1487947604.5, "trend": 11.072, "fair_value": 7.583205, "relative_strength": 11.295733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.581208, "energy": 14.628807, "activity_lines": [ 11.839333, 12.108909, 12.805857, 12.139677 ] }, { "date": "2025-02-07", "close": 13.2, "volume": 850639164, "typical_volume": 1515756530.9, "trend": 11.230667, "fair_value": 7.608654, "relative_strength": 18.887407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.576016, "energy": 16.021424, "activity_lines": [ 12.35, 12.238, 12.870667, 12.276968 ] }, { "date": "2025-02-14", "close": 13.66, "volume": 1708325239, "typical_volume": 1549659646.25, "trend": 11.413667, "fair_value": 7.637885, "relative_strength": 19.99136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.210011, "energy": 29.390332, "activity_lines": [ 12.880667, 12.454182, 12.955238, 12.433699 ] }, { "date": "2025-02-21", "close": 13.74, "volume": 1169497598, "typical_volume": 1588409785.1, "trend": 11.607333, "fair_value": 7.670641, "relative_strength": 17.161007, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.904324, "energy": 39.708853, "activity_lines": [ 13.264, 12.696364, 13.025476, 12.583785 ] }, { "date": "2025-02-28", "close": 13.7, "volume": 1691547676, "typical_volume": 1610254606.05, "trend": 11.797667, "fair_value": 7.707436, "relative_strength": 20.194028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.494198, "energy": 43.529288, "activity_lines": [ 13.507333, 12.924727, 13.073857, 12.718796 ] }, { "date": "2025-03-07", "close": 14.28, "volume": 1062951635, "typical_volume": 1564008704.15, "trend": 12.016333, "fair_value": 7.7525, "relative_strength": 21.888878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.86996, "energy": 62.137748, "activity_lines": [ 13.862667, 13.244182, 13.156429, 12.878946 ] }, { "date": "2025-03-14", "close": 14.0, "volume": 1125814740, "typical_volume": 1440055505.9, "trend": 12.211, "fair_value": 7.792885, "relative_strength": 17.49703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.800748, "energy": 58.243522, "activity_lines": [ 13.957333, 13.482, 13.200238, 13.006925 ] }, { "date": "2025-03-21", "close": 13.11, "volume": 892383297, "typical_volume": 1323582740.65, "trend": 12.377333, "fair_value": 7.825962, "relative_strength": 12.750635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.674766, "energy": 34.664721, "activity_lines": [ 13.702, 13.507091, 13.155238, 13.064925 ] }, { "date": "2025-03-28", "close": 12.4, "volume": 478923519, "typical_volume": 1141411796.85, "trend": 12.513, "fair_value": 7.855833, "relative_strength": 7.335938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.763355, "energy": 10.586171, "activity_lines": [ 13.246667, 13.365636, 13.05581, 13.066387 ] }, { "date": "2025-04-04", "close": 12.23, "volume": 78290133, "typical_volume": 969760445.6, "trend": 12.625667, "fair_value": 7.885641, "relative_strength": 8.113552, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.78617, "energy": 11.417735, "activity_lines": [ 12.824, 13.183091, 12.963714, 13.048129 ] }, { "date": "2025-04-11", "close": 12.23, "volume": 0, "typical_volume": 863642299.7, "trend": 12.764667, "fair_value": 7.917115, "relative_strength": 13.433033, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.200306, "energy": 24.053504, "activity_lines": [ 12.499333, 13.005091, 12.889381, 13.022602 ] }, { "date": "2025-04-18", "close": 11.81, "volume": 631338171, "typical_volume": 821138212.65, "trend": 12.886667, "fair_value": 7.947115, "relative_strength": 9.692491, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.917512, "energy": 42.531106, "activity_lines": [ 12.171333, 12.742364, 12.78819, 12.961011 ] }, { "date": "2025-04-25", "close": 11.29, "volume": 462232070, "typical_volume": 770899732.4, "trend": 12.961333, "fair_value": 7.974167, "relative_strength": 3.125467, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.465452, "energy": 67.695531, "activity_lines": [ 11.816, 12.410364, 12.645, 12.858 ] }, { "date": "2025-05-02", "close": 11.27, "volume": 215898111, "typical_volume": 729876899.2, "trend": 13.005333, "fair_value": 8.003077, "relative_strength": 2.727442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.096403, "energy": 69.330748, "activity_lines": [ 11.575333, 12.117818, 12.51419, 12.748882 ] }, { "date": "2025-05-09", "close": 11.84, "volume": 436640083, "typical_volume": 714657757.15, "trend": 13.090667, "fair_value": 8.038846, "relative_strength": 4.937247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.997011, "energy": 63.486668, "activity_lines": [ 11.6, 11.973818, 12.447714, 12.673699 ] }, { "date": "2025-05-16", "close": 11.93, "volume": 392988402, "typical_volume": 700171265.35, "trend": 13.097, "fair_value": 8.076282, "relative_strength": 4.6068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.483554, "energy": 51.52451, "activity_lines": [ 11.680667, 11.88, 12.394905, 12.598817 ] }, { "date": "2025-05-23", "close": 12.22, "volume": 1143831784, "typical_volume": 732170936.85, "trend": 13.066, "fair_value": 8.119103, "relative_strength": 6.973304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.436947, "energy": 31.750262, "activity_lines": [ 11.878, 11.881636, 12.372857, 12.542237 ] }, { "date": "2025-05-30", "close": 11.75, "volume": 525422289, "typical_volume": 729882742.7, "trend": 12.928333, "fair_value": 8.16, "relative_strength": 3.25961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.551802, "energy": 25.010969, "activity_lines": [ 11.891333, 11.830182, 12.30119, 12.457333 ] }, { "date": "2025-06-06", "close": 11.94, "volume": 276040773, "typical_volume": 707144763.1, "trend": 12.748333, "fair_value": 8.200641, "relative_strength": 2.858932, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.900154, "energy": 21.850001, "activity_lines": [ 11.937333, 11.838, 12.244286, 12.39357 ] }, { "date": "2025-06-13", "close": 11.81, "volume": 481151605, "typical_volume": 691176084.3, "trend": 12.61, "fair_value": 8.239295, "relative_strength": 1.846426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.438394, "energy": 22.22794, "activity_lines": [ 11.895333, 11.830545, 12.174524, 12.333032 ] }, { "date": "2025-06-20", "close": 11.41, "volume": 260047208, "typical_volume": 694198174.85, "trend": 12.490667, "fair_value": 8.276603, "relative_strength": -0.888036, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.510884, "energy": 39.083906, "activity_lines": [ 11.722, 11.758, 12.069857, 12.255613 ] }, { "date": "2025-06-27", "close": 11.83, "volume": 402499643, "typical_volume": 671791198.8, "trend": 12.438667, "fair_value": 8.314936, "relative_strength": -1.362103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.233124, "energy": 31.049658, "activity_lines": [ 11.723333, 11.776727, 12.006905, 12.212989 ] }, { "date": "2025-07-04", "close": 11.41, "volume": 400444006, "typical_volume": 606397137.15, "trend": 12.342667, "fair_value": 8.351923, "relative_strength": -6.381688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.87062, "energy": 38.83736, "activity_lines": [ 11.610667, 11.718727, 11.910476, 12.146624 ] }, { "date": "2025-07-11", "close": 11.43, "volume": 312857978, "typical_volume": 563565156.15, "trend": 12.277667, "fair_value": 8.387564, "relative_strength": -8.036112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.708774, "energy": 40.362954, "activity_lines": [ 11.527333, 11.662182, 11.826667, 12.087742 ] }, { "date": "2025-07-18", "close": 11.44, "volume": 381296527, "typical_volume": 498052598.7, "trend": 12.228667, "fair_value": 8.422821, "relative_strength": -9.98652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.673815, "energy": 39.597438, "activity_lines": [ 11.481333, 11.604545, 11.75481, 12.033699 ] }, { "date": "2025-07-25", "close": 11.48, "volume": 312194953, "typical_volume": 460514764.6, "trend": 12.191667, "fair_value": 8.453205, "relative_strength": -11.882134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.72068, "energy": 43.723589, "activity_lines": [ 11.473333, 11.561455, 11.697524, 11.985398 ] }, { "date": "2025-08-01", "close": 11.27, "volume": 318508291, "typical_volume": 420149442.15, "trend": 12.194, "fair_value": 8.484295, "relative_strength": -12.234419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.410052, "energy": 44.884022, "activity_lines": [ 11.390667, 11.488364, 11.633571, 11.925935 ] }, { "date": "2025-08-08", "close": 11.49, "volume": 523831889, "typical_volume": 401721871.75, "trend": 12.208667, "fair_value": 8.521923, "relative_strength": -11.789191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.146938, "energy": 35.1901, "activity_lines": [ 11.418667, 11.472545, 11.603571, 11.880516 ] }, { "date": "2025-08-15", "close": 11.93, "volume": 658676859, "typical_volume": 410709538.75, "trend": 12.211667, "fair_value": 8.560385, "relative_strength": -12.463703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.56419, "energy": 19.558457, "activity_lines": [ 11.588, 11.541455, 11.62319, 11.862538 ] }, { "date": "2025-08-22", "close": 13.2, "volume": 1584074250, "typical_volume": 485998744.6, "trend": 12.235667, "fair_value": 8.606218, "relative_strength": -7.516046, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 17.926387, "energy": 22.74407, "activity_lines": [ 12.147333, 11.841455, 11.766, 11.926301 ] }, { "date": "2025-08-29", "close": 13.25, "volume": 1686700227, "typical_volume": 570333755.95, "trend": 12.285, "fair_value": 8.65141, "relative_strength": -11.108544, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.384007, "energy": 49.748891, "activity_lines": [ 12.606, 12.125273, 11.908952, 11.991742 ] }, { "date": "2025-09-05", "close": 12.93, "volume": 944649980, "typical_volume": 585999346.4, "trend": 12.276, "fair_value": 8.69359, "relative_strength": -12.439669, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.407456, "energy": 53.614426, "activity_lines": [ 12.84, 12.317455, 12.016571, 12.033355 ] }, { "date": "2025-09-12", "close": 13.37, "volume": 1198739917, "typical_volume": 622824738.75, "trend": 12.266333, "fair_value": 8.738141, "relative_strength": -11.8329, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.585805, "energy": 67.655622, "activity_lines": [ 13.11, 12.569636, 12.160762, 12.103935 ] }, { "date": "2025-09-19", "close": 14.36, "volume": 1745147192, "typical_volume": 699287192.8, "trend": 12.287, "fair_value": 8.792372, "relative_strength": -6.504404, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.253454, "energy": 74.528185, "activity_lines": [ 13.584667, 12.966182, 12.389333, 12.239011 ] }, { "date": "2025-09-26", "close": 12.81, "volume": 1634903295, "typical_volume": 759200353.4, "trend": 12.257333, "fair_value": 8.834487, "relative_strength": -17.493618, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.398208, "energy": 56.596479, "activity_lines": [ 13.380667, 13.027636, 12.455571, 12.272753 ] }, { "date": "2025-10-03", "close": 13.09, "volume": 307609548, "typical_volume": 754931410.7, "trend": 12.217667, "fair_value": 8.87891, "relative_strength": -17.6999, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.280258, "energy": 44.333879, "activity_lines": [ 13.296, 13.115091, 12.543857, 12.326473 ] }, { "date": "2025-10-10", "close": 12.83, "volume": 440674693, "typical_volume": 719773556.15, "trend": 12.178667, "fair_value": 8.923654, "relative_strength": -18.352311, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.058092, "energy": 35.024915, "activity_lines": [ 13.135333, 13.126, 12.601857, 12.365978 ] }, { "date": "2025-10-17", "close": 11.62, "volume": 575446717, "typical_volume": 722274777.55, "trend": 12.129, "fair_value": 8.962179, "relative_strength": -21.890543, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.478078, "energy": 16.033932, "activity_lines": [ 12.578, 12.888545, 12.541714, 12.329935 ] }, { "date": "2025-10-24", "close": 11.89, "volume": 327094486, "typical_volume": 724827463.2, "trend": 12.112, "fair_value": 9.004615, "relative_strength": -23.253129, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.500041, "energy": 18.38135, "activity_lines": [ 12.227333, 12.697818, 12.507905, 12.314516 ] }, { "date": "2025-10-31", "close": 12.33, "volume": 491698494, "typical_volume": 725354807.65, "trend": 12.115333, "fair_value": 9.049103, "relative_strength": -20.156158, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.550526, "energy": 20.593869, "activity_lines": [ 12.188, 12.587818, 12.516238, 12.328581 ] }, { "date": "2025-11-07", "close": 12.28, "volume": 603555041, "typical_volume": 742530199.3, "trend": 12.117, "fair_value": 9.093462, "relative_strength": -19.781465, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.239503, "energy": 16.937493, "activity_lines": [ 12.164, 12.484545, 12.517333, 12.339204 ] }, { "date": "2025-11-14", "close": 12.23, "volume": 412828404, "typical_volume": 743046637.35, "trend": 12.131, "fair_value": 9.13859, "relative_strength": -18.20092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.954306, "energy": 12.421953, "activity_lines": [ 12.177333, 12.389818, 12.509524, 12.346495 ] }, { "date": "2025-11-21", "close": 11.22, "volume": 395785569, "typical_volume": 742813715.5, "trend": 12.128667, "fair_value": 9.178782, "relative_strength": -20.164051, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.164401, "energy": 22.720864, "activity_lines": [ 11.894, 12.124182, 12.403619, 12.28772 ] }, { "date": "2025-11-28", "close": 11.28, "volume": 335650558, "typical_volume": 743953344.5, "trend": 12.129, "fair_value": 9.217115, "relative_strength": -21.96798, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.296261, "energy": 37.240132, "activity_lines": [ 11.657333, 11.908545, 12.304333, 12.232968 ] }, { "date": "2025-12-05", "close": 11.18, "volume": 323687229, "typical_volume": 741072879.6, "trend": 12.107, "fair_value": 9.255128, "relative_strength": -22.991786, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.842187, "energy": 46.82644, "activity_lines": [ 11.428, 11.730727, 12.196238, 12.171742 ] }, { "date": "2025-12-12", "close": 10.53, "volume": 303263700, "typical_volume": 740626316.95, "trend": 12.060333, "fair_value": 9.290513, "relative_strength": -27.500181, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.840641, "energy": 63.984283, "activity_lines": [ 11.058667, 11.464364, 12.027476, 12.07 ] }, { "date": "2025-12-19", "close": 10.59, "volume": 337371186, "typical_volume": 741569461.7, "trend": 12.006, "fair_value": 9.325192, "relative_strength": -25.90267, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.430917, "energy": 76.395931, "activity_lines": [ 10.826, 11.255455, 11.868952, 11.97514 ] }, { "date": "2025-12-26", "close": 10.65, "volume": 242849693, "typical_volume": 727520351.9, "trend": 11.969333, "fair_value": 9.360641, "relative_strength": -27.512385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.298587, "energy": 78.743748, "activity_lines": [ 10.722667, 11.098182, 11.719381, 11.887656 ] }, { "date": "2026-01-02", "close": 10.62, "volume": 145096635, "typical_volume": 701841340.7, "trend": 11.925333, "fair_value": 9.396731, "relative_strength": -26.843785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.059202, "energy": 79.100331, "activity_lines": [ 10.647333, 10.953091, 11.570952, 11.800602 ] }, { "date": "2026-01-09", "close": 11.03, "volume": 414282996, "typical_volume": 643351778.0, "trend": 11.899333, "fair_value": 9.436795, "relative_strength": -26.76676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.868815, "energy": 68.704228, "activity_lines": [ 10.752667, 10.905636, 11.46781, 11.742839 ] }, { "date": "2026-01-16", "close": 11.0, "volume": 586843272, "typical_volume": 588358930.25, "trend": 11.885667, "fair_value": 9.477115, "relative_strength": -27.271075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.360895, "energy": 47.39447, "activity_lines": [ 10.858, 10.876364, 11.372143, 11.684817 ] }, { "date": "2026-01-23", "close": 10.85, "volume": 403638659, "typical_volume": 561308364.2, "trend": 11.853, "fair_value": 9.515192, "relative_strength": -28.451609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.781946, "energy": 38.316698, "activity_lines": [ 10.882, 10.843091, 11.272905, 11.618 ] }, { "date": "2026-01-30", "close": 9.76, "volume": 499070521, "typical_volume": 526324894.4, "trend": 11.798, "fair_value": 9.546346, "relative_strength": -34.010109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.889353, "energy": 55.849231, "activity_lines": [ 10.525333, 10.636727, 11.079762, 11.482968 ] }, { "date": "2026-02-06", "close": 9.73, "volume": 269605611, "typical_volume": 452547815.35, "trend": 11.741333, "fair_value": 9.576282, "relative_strength": -32.109992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.998861, "energy": 76.975024, "activity_lines": [ 10.218, 10.451455, 10.900952, 11.349548 ] }, { "date": "2026-02-13", "close": 9.8, "volume": 227229030, "typical_volume": 382164102.1, "trend": 11.686667, "fair_value": 9.605641, "relative_strength": -31.827354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.991484, "energy": 84.734627, "activity_lines": [ 9.993333, 10.307091, 10.750857, 11.224301 ] }, { "date": "2026-02-27", "close": 9.83, "volume": 201471713, "typical_volume": 376857210.35, "trend": 11.631667, "fair_value": 9.634615, "relative_strength": -32.756206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.691297, "energy": 86.858258, "activity_lines": [ 9.860667, 10.193273, 10.617952, 11.104516 ] }, { "date": "2026-03-06", "close": 9.54, "volume": 571824604, "typical_volume": 383414705.9, "trend": 11.574, "fair_value": 9.662821, "relative_strength": -32.459321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.311375, "energy": 86.973976, "activity_lines": [ 9.709333, 10.039455, 10.472952, 10.96957 ] }, { "date": "2026-03-13", "close": 9.68, "volume": 433184462, "typical_volume": 376301593.15, "trend": 11.513667, "fair_value": 9.690833, "relative_strength": -31.138013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.858078, "energy": 71.969802, "activity_lines": [ 9.692, 9.930182, 10.356952, 10.847376 ] }, { "date": "2026-03-20", "close": 9.03, "volume": 309919216, "typical_volume": 375442829.65, "trend": 11.417, "fair_value": 9.715641, "relative_strength": -33.024869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.956546, "energy": 75.421732, "activity_lines": [ 9.463333, 9.720364, 10.188286, 10.68714 ] }, { "date": "2026-03-27", "close": 8.63, "volume": 309943870, "typical_volume": 366355098.45, "trend": 11.264667, "fair_value": 9.739038, "relative_strength": -34.72542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.889817, "energy": 73.940581, "activity_lines": [ 9.148, 9.466727, 9.995143, 10.507333 ] }, { "date": "2026-04-03", "close": 8.55, "volume": 277682774, "typical_volume": 350061485.1, "trend": 11.108, "fair_value": 9.762115, "relative_strength": -32.644347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.755544, "energy": 78.844335, "activity_lines": [ 8.884, 9.242182, 9.812, 10.332194 ] }, { "date": "2026-04-10", "close": 9.35, "volume": 350907817, "typical_volume": 346965455.75, "trend": 10.988667, "fair_value": 9.787244, "relative_strength": -30.526144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.077643, "energy": 61.362417, "activity_lines": [ 8.972, 9.207636, 9.72281, 10.218774 ] }, { "date": "2026-04-17", "close": 9.44, "volume": 370121043, "typical_volume": 345682229.45, "trend": 10.857667, "fair_value": 9.813782, "relative_strength": -31.72058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.579912, "energy": 53.853849, "activity_lines": [ 9.102667, 9.216727, 9.655905, 10.11886 ] }, { "date": "2026-04-24", "close": 9.08, "volume": 346346667, "typical_volume": 346217034.9, "trend": 10.681667, "fair_value": 9.837564, "relative_strength": -33.743125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.356474, "energy": 46.374792, "activity_lines": [ 9.129333, 9.166182, 9.56319, 10.004172 ] }, { "date": "2026-05-01", "close": 8.71, "volume": 330738448, "typical_volume": 346569595.85, "trend": 10.545, "fair_value": 9.859231, "relative_strength": -36.397358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.417542, "energy": 44.34742, "activity_lines": [ 9.029333, 9.060182, 9.445714, 9.876968 ] }, { "date": "2026-05-08", "close": 8.96, "volume": 181807996, "typical_volume": 340496810.65, "trend": 10.407333, "fair_value": 9.885385, "relative_strength": -35.722465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.133571, "energy": 43.260061, "activity_lines": [ 9.007333, 9.019455, 9.36381, 9.77471 ] }, { "date": "2026-05-15", "close": 8.75, "volume": 354592095, "typical_volume": 341357856.1, "trend": 10.271333, "fair_value": 9.910897, "relative_strength": -36.39029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.676788, "energy": 47.616097, "activity_lines": [ 8.888, 8.956364, 9.269381, 9.667785 ] }, { "date": "2026-05-22", "close": 8.89, "volume": 384085384, "typical_volume": 348419640.65, "trend": 10.180333, "fair_value": 9.937692, "relative_strength": -34.665784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.396948, "energy": 43.805386, "activity_lines": [ 8.855333, 8.933091, 9.197048, 9.578667 ] }, { "date": "2026-05-29", "close": 8.96, "volume": 803561058, "typical_volume": 381342861.8, "trend": 10.082667, "fair_value": 9.963269, "relative_strength": -33.127808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.990307, "energy": 36.810775, "activity_lines": [ 8.882667, 8.936909, 9.139762, 9.499935 ] }, { "date": "2026-06-05", "close": 9.86, "volume": 209932135, "typical_volume": 371125318.75, "trend": 10.000333, "fair_value": 9.994295, "relative_strength": -24.268132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.751551, "energy": 14.540936, "activity_lines": [ 9.218, 9.105636, 9.176095, 9.48557 ] }, { "date": "2026-06-12", "close": 8.7, "volume": 81669680, "typical_volume": 345866639.15, "trend": 9.881, "fair_value": 10.018462, "relative_strength": -30.682236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.205209, "energy": 21.443133, "activity_lines": [ 9.09, 9.041091, 9.107524, 9.401677 ] }, { "date": "2026-06-19", "close": 9.3, "volume": 509972103, "typical_volume": 351183311.35, "trend": 9.783333, "fair_value": 10.045962, "relative_strength": -29.892092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.948607, "energy": 15.311224, "activity_lines": [ 9.179333, 9.082909, 9.107048, 9.364194 ] }, { "date": "2026-06-26", "close": 9.52, "volume": 265466002, "typical_volume": 339503085.4, "trend": 9.726667, "fair_value": 10.075962, "relative_strength": -26.182109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.478794, "energy": 10.194127, "activity_lines": [ 9.305333, 9.165636, 9.134905, 9.347204 ] }, { "date": "2026-07-03", "close": 9.26, "volume": 136502298, "typical_volume": 332847919.75, "trend": 9.659333, "fair_value": 10.100641, "relative_strength": -26.401868, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.256134, "energy": 7.96659, "activity_lines": [ 9.302667, 9.199636, 9.139143, 9.317097 ] }, { "date": "2026-07-10", "close": 9.47, "volume": 891463290, "typical_volume": 366059632.75, "trend": 9.602333, "fair_value": 10.125449, "relative_strength": -21.119112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.865801, "energy": 9.131837, "activity_lines": [ 9.35, 9.268545, 9.165619, 9.304882 ] }, { "date": "2026-07-17", "close": 7.58, "volume": 863263150, "typical_volume": 399149204.6, "trend": 9.504, "fair_value": 10.138141, "relative_strength": -29.818324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.182242, "energy": 36.536191, "activity_lines": [ 8.793333, 8.98, 9.013667, 9.174409 ] }, { "date": "2026-07-24", "close": 6.67, "volume": 569857289, "typical_volume": 399050838.85, "trend": 9.373333, "fair_value": 10.143141, "relative_strength": -37.690132, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -78.870748, "energy": 73.27005, "activity_lines": [ 8.008, 8.551091, 8.785762, 8.99157 ] }, { "date": "2026-07-31", "close": 7.22, "volume": 388039713, "typical_volume": 396793601.4, "trend": 9.259, "fair_value": 10.151346, "relative_strength": -30.729216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.057392, "energy": 76.642461, "activity_lines": [ 7.581333, 8.26, 8.623905, 8.852645 ] }, { "date": "2026-08-07", "close": 7.62, "volume": 645642298, "typical_volume": 413579755.5, "trend": 9.159, "fair_value": 10.162756, "relative_strength": -29.764023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.726634, "energy": 74.788984, "activity_lines": [ 7.441333, 8.072, 8.511857, 8.746903 ] } ], "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." } } }