{ "ticker": { "uuid": "fac9eab0-8cd4-431f-a5c2-d8438304b213", "symbol": "600642", "name": "Shenergy Company Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 49.158, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -31.704, "architecture_energy": 26.295, "architecture_maturity": 15.567, "architecture_confidence": 65.757, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 36.13, "rotation_up": 25.04, "upward_expansion": 9.77, "deceleration": 61.07, "rotation_down": 50.37, "downward_expansion": 49.1 }, "activity_lines": [ 8.433437, 8.478001, 8.811777, 8.868809 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 8.34, "trend_reference": 8.81511, "distance_from_trend": -0.053897, "trend_direction": "Improving", "fair_value": 7.799557, "distance_from_fair_value": 0.069292, "fair_value_direction": "Weakening", "relative_strength": -1.308219, "relative_strength_direction": "Weakening", "price_momentum": 0.0012, "excess_performance": 0.044404, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.053897, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.016854, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.069292, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.172259, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.013082, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.035556, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.0012, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.968014, "read": "Supply-led" } ], "volume": { "latest": 121928366, "relative_activity": 0.981498, "balance": 0.968014, "dry_up": 1.187799, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.075566, "annualized_volatility": 0.268348, "from_high_reference": -0.201914, "from_low_reference": 0.100264 }, "levels": { "trend_reference": 8.81511, "fair_value_reference": 7.799557, "structural_low": 8.10809, "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": 11, "median_return": 0.024138, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.002512, "regime_survival": 0.454545, "best_return": 0.123909, "worst_return": -0.04594, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.035014, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.006587, "regime_survival": 0.166667, "best_return": 0.131707, "worst_return": -0.023066, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.027155, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.002598, "regime_survival": 0.25, "best_return": 0.1274, "worst_return": -0.009591, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.053369, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.076311, "regime_survival": 0.0, "best_return": 0.436703, "worst_return": 0.026175, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-10-04", "tenure": "New", "return": 0.184466, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.141304, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": -0.074675, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-06-13", "tenure": "Established", "return": 0.004598, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-08", "tenure": "Developing", "return": -0.020515, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-11-07", "tenure": "Established", "return": 0.03567, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.026253, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.03354, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.045397, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.010804, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-06-19", "tenure": "Established", "return": 0.010354, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": 0.02781, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.03012, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.199125, "volume": 136466762, "typical_volume": 111377077.1, "trend": 5.59528, "fair_value": 5.138187, "relative_strength": 12.222077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.1025, "energy": 40.351433, "activity_lines": [ 6.269315, 6.184579, 6.091198, 5.891239 ] }, { "date": "2023-08-04", "close": 6.217277, "volume": 118950593, "typical_volume": 110990500.8, "trend": 5.640471, "fair_value": 5.147929, "relative_strength": 11.723246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.306766, "energy": 34.384147, "activity_lines": [ 6.243296, 6.198465, 6.118617, 5.931368 ] }, { "date": "2023-08-11", "close": 6.026674, "volume": 70718720, "typical_volume": 108904383.6, "trend": 5.678423, "fair_value": 5.157249, "relative_strength": 11.285198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.618449, "energy": 22.740631, "activity_lines": [ 6.162214, 6.17929, 6.124632, 5.956285 ] }, { "date": "2023-08-18", "close": 6.199125, "volume": 96393621, "typical_volume": 110660621.9, "trend": 5.727436, "fair_value": 5.167097, "relative_strength": 16.014731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.532254, "energy": 20.074082, "activity_lines": [ 6.161609, 6.190733, 6.143251, 5.989878 ] }, { "date": "2023-08-25", "close": 6.008522, "volume": 71024787, "typical_volume": 112088329.75, "trend": 5.766849, "fair_value": 5.175934, "relative_strength": 14.396385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.019848, "energy": 15.022351, "activity_lines": [ 6.103521, 6.16381, 6.138909, 6.008013 ] }, { "date": "2023-09-01", "close": 5.863301, "volume": 138350806, "typical_volume": 113603327.35, "trend": 5.802012, "fair_value": 5.18279, "relative_strength": 8.856415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.466916, "energy": 9.462455, "activity_lines": [ 6.014573, 6.106051, 6.11713, 6.014236 ] }, { "date": "2023-09-08", "close": 5.944988, "volume": 87818842, "typical_volume": 113350165.95, "trend": 5.83488, "fair_value": 5.190433, "relative_strength": 10.663362, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.74488, "energy": 12.056342, "activity_lines": [ 5.975242, 6.063475, 6.102239, 6.02346 ] }, { "date": "2023-09-15", "close": 5.826996, "volume": 120226478, "typical_volume": 113828916.65, "trend": 5.866471, "fair_value": 5.197686, "relative_strength": 8.181504, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.307371, "energy": 13.745043, "activity_lines": [ 5.914734, 6.006707, 6.074452, 6.022951 ] }, { "date": "2023-09-22", "close": 5.808843, "volume": 105190834, "typical_volume": 115736499.8, "trend": 5.898047, "fair_value": 5.204981, "relative_strength": 7.292891, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.021495, "energy": 27.151475, "activity_lines": [ 5.861486, 5.95654, 6.045315, 6.019233 ] }, { "date": "2023-09-29", "close": 5.763462, "volume": 64237590, "typical_volume": 110997713.75, "trend": 5.91837, "fair_value": 5.212456, "relative_strength": 7.006555, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.244964, "energy": 38.032641, "activity_lines": [ 5.81913, 5.906867, 6.014007, 6.01055 ] }, { "date": "2023-10-13", "close": 5.627316, "volume": 70237210, "typical_volume": 106254012.2, "trend": 5.929137, "fair_value": 5.218324, "relative_strength": 5.130267, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.907338, "energy": 49.840153, "activity_lines": [ 5.747729, 5.841683, 5.972902, 5.991773 ] }, { "date": "2023-10-20", "close": 5.482096, "volume": 59530502, "typical_volume": 103307573.4, "trend": 5.927389, "fair_value": 5.223367, "relative_strength": 5.845977, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.227506, "energy": 63.495247, "activity_lines": [ 5.643654, 5.760491, 5.920266, 5.962931 ] }, { "date": "2023-10-27", "close": 5.572859, "volume": 80290145, "typical_volume": 97878321.7, "trend": 5.938997, "fair_value": 5.230249, "relative_strength": 6.2937, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.316771, "energy": 59.854333, "activity_lines": [ 5.600693, 5.709169, 5.880192, 5.940058 ] }, { "date": "2023-11-03", "close": 5.327798, "volume": 113913218, "typical_volume": 99358232.4, "trend": 5.943617, "fair_value": 5.235351, "relative_strength": 1.159478, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.061198, "energy": 80.501699, "activity_lines": [ 5.492987, 5.621541, 5.818747, 5.900626 ] }, { "date": "2023-11-10", "close": 5.30057, "volume": 100610772, "typical_volume": 100409034.8, "trend": 5.945263, "fair_value": 5.239807, "relative_strength": 0.3134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.6222, "energy": 82.069579, "activity_lines": [ 5.408275, 5.544805, 5.757886, 5.859139 ] }, { "date": "2023-11-17", "close": 5.309646, "volume": 77934351, "typical_volume": 101917071.7, "trend": 5.933044, "fair_value": 5.245684, "relative_strength": -0.218247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.347481, "energy": 78.5997, "activity_lines": [ 5.357448, 5.482591, 5.7001, 5.818132 ] }, { "date": "2023-11-24", "close": 5.318722, "volume": 72548982, "typical_volume": 98570470.05, "trend": 5.923783, "fair_value": 5.252406, "relative_strength": 0.193553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.570798, "energy": 79.509552, "activity_lines": [ 5.330824, 5.432094, 5.645902, 5.778498 ] }, { "date": "2023-12-01", "close": 5.427638, "volume": 83850226, "typical_volume": 97399969.55, "trend": 5.907822, "fair_value": 5.258882, "relative_strength": 2.372536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.567854, "energy": 63.639606, "activity_lines": [ 5.351397, 5.412786, 5.60696, 5.746489 ] }, { "date": "2023-12-08", "close": 5.491172, "volume": 89716889, "typical_volume": 91189086.35, "trend": 5.882172, "fair_value": 5.265608, "relative_strength": 5.534874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.94082, "energy": 49.165376, "activity_lines": [ 5.402829, 5.412291, 5.578564, 5.719608 ] }, { "date": "2023-12-15", "close": 5.681775, "volume": 116235843, "typical_volume": 93712358.55, "trend": 5.857266, "fair_value": 5.273241, "relative_strength": 9.807214, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.234247, "energy": 29.388501, "activity_lines": [ 5.506904, 5.452227, 5.572124, 5.706679 ] }, { "date": "2023-12-22", "close": 5.836071, "volume": 124011225, "typical_volume": 93089581.7, "trend": 5.848131, "fair_value": 5.281025, "relative_strength": 13.292487, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.815262, "energy": 21.617901, "activity_lines": [ 5.636998, 5.521701, 5.583189, 5.705312 ] }, { "date": "2023-12-29", "close": 5.826996, "volume": 89350902, "typical_volume": 91609597.15, "trend": 5.832198, "fair_value": 5.289432, "relative_strength": 10.333166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.685412, "energy": 23.115953, "activity_lines": [ 5.728971, 5.585731, 5.595117, 5.703948 ] }, { "date": "2024-01-05", "close": 6.135591, "volume": 110513293, "typical_volume": 93599325.8, "trend": 5.837179, "fair_value": 5.300761, "relative_strength": 17.287502, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.929397, "energy": 42.785829, "activity_lines": [ 5.889925, 5.699597, 5.638295, 5.723522 ] }, { "date": "2024-01-12", "close": 6.153743, "volume": 120914519, "typical_volume": 94825370.7, "trend": 5.84247, "fair_value": 5.312049, "relative_strength": 18.84256, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.632002, "energy": 54.432211, "activity_lines": [ 6.009732, 5.806533, 5.682682, 5.743945 ] }, { "date": "2024-01-19", "close": 6.280812, "volume": 163651338, "typical_volume": 99456698.25, "trend": 5.859671, "fair_value": 5.323732, "relative_strength": 22.54671, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.115192, "energy": 68.605571, "activity_lines": [ 6.127725, 5.921555, 5.739388, 5.772226 ] }, { "date": "2024-01-26", "close": 6.389728, "volume": 112296510, "typical_volume": 98153983.45, "trend": 5.876613, "fair_value": 5.337319, "relative_strength": 20.416841, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.426754, "energy": 72.039546, "activity_lines": [ 6.242086, 6.038557, 5.805169, 5.806423 ] }, { "date": "2024-02-02", "close": 6.607559, "volume": 163136884, "typical_volume": 101919885.55, "trend": 5.885387, "fair_value": 5.352303, "relative_strength": 31.429191, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.929365, "energy": 81.136351, "activity_lines": [ 6.392148, 6.175526, 5.88919, 5.853581 ] }, { "date": "2024-02-09", "close": 6.734627, "volume": 213918540, "typical_volume": 106604488.65, "trend": 5.897488, "fair_value": 5.368311, "relative_strength": 26.453991, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.163843, "energy": 88.202639, "activity_lines": [ 6.532528, 6.312166, 5.982158, 5.90837 ] }, { "date": "2024-02-23", "close": 6.816314, "volume": 203380031, "typical_volume": 111513948.5, "trend": 5.915036, "fair_value": 5.385052, "relative_strength": 21.131167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.994142, "energy": 84.285917, "activity_lines": [ 6.660202, 6.439895, 6.078583, 5.967649 ] }, { "date": "2024-03-01", "close": 6.65294, "volume": 214372460, "typical_volume": 119020692.0, "trend": 5.927743, "fair_value": 5.400903, "relative_strength": 16.544055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.224404, "energy": 70.552267, "activity_lines": [ 6.689246, 6.513825, 6.154651, 6.015256 ] }, { "date": "2024-03-08", "close": 7.133986, "volume": 168938245, "typical_volume": 123955743.75, "trend": 5.958905, "fair_value": 5.420415, "relative_strength": 23.119108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.147585, "energy": 67.379579, "activity_lines": [ 6.85383, 6.657561, 6.272297, 6.093078 ] }, { "date": "2024-03-15", "close": 6.807238, "volume": 197587461, "typical_volume": 130858591.7, "trend": 5.97857, "fair_value": 5.437308, "relative_strength": 16.348752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.41841, "energy": 56.108465, "activity_lines": [ 6.859881, 6.71829, 6.35165, 6.147809 ] }, { "date": "2024-03-22", "close": 6.716475, "volume": 103287659, "typical_volume": 132008467.4, "trend": 6.001564, "fair_value": 5.453252, "relative_strength": 14.401274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.185755, "energy": 50.0383, "activity_lines": [ 6.822365, 6.744694, 6.416049, 6.195416 ] }, { "date": "2024-03-29", "close": 7.179367, "volume": 114457079, "typical_volume": 132035660.45, "trend": 6.034238, "fair_value": 5.471954, "relative_strength": 21.761796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.418838, "energy": 56.465479, "activity_lines": [ 6.940357, 6.844698, 6.519087, 6.271404 ] }, { "date": "2024-04-05", "close": 7.333664, "volume": 85605246, "typical_volume": 131285384.15, "trend": 6.07841, "fair_value": 5.49091, "relative_strength": 22.281216, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.925115, "energy": 57.519265, "activity_lines": [ 7.085578, 6.954109, 6.628002, 6.355237 ] }, { "date": "2024-04-12", "close": 7.578725, "volume": 140014004, "typical_volume": 134389366.8, "trend": 6.135591, "fair_value": 5.509707, "relative_strength": 27.294309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.645382, "energy": 71.574823, "activity_lines": [ 7.267105, 7.088934, 6.750576, 6.452032 ] }, { "date": "2024-04-19", "close": 7.669488, "volume": 167208956, "typical_volume": 139122365.5, "trend": 6.193074, "fair_value": 5.528876, "relative_strength": 25.761213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.14901, "energy": 81.564126, "activity_lines": [ 7.449236, 7.218643, 6.870988, 6.550993 ] }, { "date": "2024-04-26", "close": 7.44258, "volume": 141683903, "typical_volume": 142014049.35, "trend": 6.246927, "fair_value": 5.546171, "relative_strength": 20.292181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.274885, "energy": 71.604466, "activity_lines": [ 7.498248, 7.287788, 6.958596, 6.631606 ] }, { "date": "2024-05-03", "close": 7.723947, "volume": 69082038, "typical_volume": 140982306.8, "trend": 6.310763, "fair_value": 5.56485, "relative_strength": 23.25125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.068743, "energy": 67.869428, "activity_lines": [ 7.592642, 7.395218, 7.063406, 6.726898 ] }, { "date": "2024-05-10", "close": 7.796557, "volume": 143339675, "typical_volume": 142337498.4, "trend": 6.378533, "fair_value": 5.584729, "relative_strength": 21.64434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.864169, "energy": 59.690344, "activity_lines": [ 7.674934, 7.499349, 7.164499, 6.822756 ] }, { "date": "2024-05-17", "close": 7.823785, "volume": 160953280, "typical_volume": 144184601.15, "trend": 6.451749, "fair_value": 5.605149, "relative_strength": 21.396445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.901939, "energy": 57.912072, "activity_lines": [ 7.735443, 7.587636, 7.258115, 6.915998 ] }, { "date": "2024-05-24", "close": 7.905473, "volume": 134436662, "typical_volume": 146438889.15, "trend": 6.532528, "fair_value": 5.626565, "relative_strength": 24.554196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.041432, "energy": 59.237193, "activity_lines": [ 7.806843, 7.678235, 7.350045, 7.009786 ] }, { "date": "2024-05-31", "close": 7.941777, "volume": 130612677, "typical_volume": 147443858.35, "trend": 6.611492, "fair_value": 5.647741, "relative_strength": 24.380825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.044708, "energy": 57.599319, "activity_lines": [ 7.874613, 7.755466, 7.435535, 7.100706 ] }, { "date": "2024-06-07", "close": 8.313907, "volume": 152950040, "typical_volume": 149045634.4, "trend": 6.711029, "fair_value": 5.670936, "relative_strength": 30.798597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.335125, "energy": 66.217868, "activity_lines": [ 8.033146, 7.878078, 7.547866, 7.210539 ] }, { "date": "2024-06-14", "close": 8.123303, "volume": 128843349, "typical_volume": 147305234.95, "trend": 6.80512, "fair_value": 5.692752, "relative_strength": 27.613346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.242628, "energy": 61.634151, "activity_lines": [ 8.088814, 7.945408, 7.631757, 7.301653 ] }, { "date": "2024-06-21", "close": 8.20499, "volume": 146648329, "typical_volume": 149022825.9, "trend": 6.901632, "fair_value": 5.71441, "relative_strength": 29.335155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.971589, "energy": 58.402505, "activity_lines": [ 8.149927, 8.013233, 7.714653, 7.391967 ] }, { "date": "2024-06-28", "close": 8.392871, "volume": 156100262, "typical_volume": 148670994.8, "trend": 7.004103, "fair_value": 5.73743, "relative_strength": 32.382964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.375884, "energy": 59.442839, "activity_lines": [ 8.248254, 8.103831, 7.8068, 7.488176 ] }, { "date": "2024-07-05", "close": 8.449902, "volume": 92583470, "typical_volume": 142604241.3, "trend": 7.104845, "fair_value": 5.759504, "relative_strength": 32.845868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.191203, "energy": 57.050794, "activity_lines": [ 8.333098, 8.191646, 7.895876, 7.581454 ] }, { "date": "2024-07-12", "close": 8.202772, "volume": 179457690, "typical_volume": 141408124.25, "trend": 7.195232, "fair_value": 5.77863, "relative_strength": 27.149657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.956045, "energy": 49.236059, "activity_lines": [ 8.301691, 8.216214, 7.953248, 7.652288 ] }, { "date": "2024-07-19", "close": 7.879604, "volume": 177717833, "typical_volume": 139575392.9, "trend": 7.268493, "fair_value": 5.796262, "relative_strength": 20.993814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.156586, "energy": 35.353417, "activity_lines": [ 8.16997, 8.173317, 7.97324, 7.696441 ] }, { "date": "2024-07-26", "close": 8.088714, "volume": 160899416, "typical_volume": 139173451.45, "trend": 7.343581, "fair_value": 5.814815, "relative_strength": 27.174299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.999602, "energy": 27.669226, "activity_lines": [ 8.124198, 8.166931, 8.007306, 7.749358 ] }, { "date": "2024-08-02", "close": 7.77505, "volume": 123887620, "typical_volume": 135488459.4, "trend": 7.408516, "fair_value": 5.832406, "relative_strength": 20.899362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.265859, "energy": 18.870852, "activity_lines": [ 7.981624, 8.098698, 8.006953, 7.777195 ] }, { "date": "2024-08-09", "close": 7.594455, "volume": 99241142, "typical_volume": 135286133.55, "trend": 7.457145, "fair_value": 5.848577, "relative_strength": 19.083875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.804831, "energy": 16.138659, "activity_lines": [ 7.82004, 8.000001, 7.984792, 7.789191 ] }, { "date": "2024-08-16", "close": 7.889109, "volume": 104741742, "typical_volume": 134800366.7, "trend": 7.514991, "fair_value": 5.86619, "relative_strength": 22.069251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.757268, "energy": 13.513075, "activity_lines": [ 7.813703, 7.961192, 7.986512, 7.81706 ] }, { "date": "2024-08-23", "close": 7.832079, "volume": 74358553, "typical_volume": 134238032.05, "trend": 7.5667, "fair_value": 5.88525, "relative_strength": 21.362626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.210566, "energy": 13.944501, "activity_lines": [ 7.809267, 7.919738, 7.979421, 7.837517 ] }, { "date": "2024-08-30", "close": 7.461386, "volume": 82668550, "typical_volume": 131370759.35, "trend": 7.602421, "fair_value": 5.901604, "relative_strength": 15.478517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.99701, "energy": 14.74025, "activity_lines": [ 7.684436, 7.81618, 7.934653, 7.830723 ] }, { "date": "2024-09-06", "close": 7.366337, "volume": 112542996, "typical_volume": 128637461.35, "trend": 7.627714, "fair_value": 5.916305, "relative_strength": 16.464979, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.429549, "energy": 32.815579, "activity_lines": [ 7.569743, 7.708861, 7.881391, 7.815491 ] }, { "date": "2024-09-13", "close": 6.853069, "volume": 127715578, "typical_volume": 127939045.1, "trend": 7.631662, "fair_value": 5.926782, "relative_strength": 10.208443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.588193, "energy": 55.240549, "activity_lines": [ 7.311208, 7.526884, 7.78069, 7.765514 ] }, { "date": "2024-09-20", "close": 6.919604, "volume": 64705442, "typical_volume": 127720215.3, "trend": 7.635105, "fair_value": 5.936972, "relative_strength": 9.379946, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.012195, "energy": 64.858347, "activity_lines": [ 7.124277, 7.386038, 7.689133, 7.719575 ] }, { "date": "2024-09-27", "close": 7.622971, "volume": 172765960, "typical_volume": 129191529.55, "trend": 7.66744, "fair_value": 5.950462, "relative_strength": 6.28025, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.638774, "energy": 51.629398, "activity_lines": [ 7.236436, 7.396407, 7.668393, 7.718792 ] }, { "date": "2024-10-04", "close": 8.117228, "volume": 61273963, "typical_volume": 124207563.7, "trend": 7.700214, "fair_value": 5.965582, "relative_strength": 4.227356, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.52981, "energy": 11.973513, "activity_lines": [ 7.527287, 7.501307, 7.695552, 7.747811 ] }, { "date": "2024-10-11", "close": 7.870099, "volume": 265459160, "typical_volume": 130758688.6, "trend": 7.735643, "fair_value": 5.978898, "relative_strength": 4.274442, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.299987, "energy": 8.273236, "activity_lines": [ 7.69204, 7.560756, 7.697778, 7.758771 ] }, { "date": "2024-10-18", "close": 7.898614, "volume": 129262197, "typical_volume": 130691164.6, "trend": 7.775048, "fair_value": 5.992507, "relative_strength": 2.741101, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.258967, "energy": 16.831781, "activity_lines": [ 7.832713, 7.623662, 7.702888, 7.769285 ] }, { "date": "2024-10-25", "close": 7.974654, "volume": 147230866, "typical_volume": 130405205.9, "trend": 7.801557, "fair_value": 6.002868, "relative_strength": 2.049211, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.077436, "energy": 20.219684, "activity_lines": [ 7.92903, 7.694863, 7.715445, 7.782163 ] }, { "date": "2024-11-01", "close": 8.212277, "volume": 166070036, "typical_volume": 132266540.25, "trend": 7.830844, "fair_value": 6.012006, "relative_strength": 5.411554, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.717316, "energy": 29.544234, "activity_lines": [ 8.034218, 7.807712, 7.752248, 7.808661 ] }, { "date": "2024-11-08", "close": 7.965149, "volume": 204329499, "typical_volume": 135150598.75, "trend": 7.843725, "fair_value": 6.019889, "relative_strength": -3.527632, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.641956, "energy": 25.809538, "activity_lines": [ 8.017743, 7.868717, 7.765092, 7.817326 ] }, { "date": "2024-11-15", "close": 7.77505, "volume": 132679748, "typical_volume": 133979573.05, "trend": 7.847244, "fair_value": 6.035068, "relative_strength": -2.853879, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.14201, "energy": 14.799128, "activity_lines": [ 7.94804, 7.885998, 7.760973, 7.812895 ] }, { "date": "2024-11-22", "close": 7.832079, "volume": 150072177, "typical_volume": 136854008.4, "trend": 7.860227, "fair_value": 6.050887, "relative_strength": -0.761593, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.879446, "energy": 6.642393, "activity_lines": [ 7.903683, 7.906218, 7.765228, 7.811917 ] }, { "date": "2024-11-29", "close": 7.794059, "volume": 90780014, "typical_volume": 132420124.6, "trend": 7.862564, "fair_value": 6.066847, "relative_strength": -3.45934, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.714886, "energy": 4.778573, "activity_lines": [ 7.851089, 7.901725, 7.768804, 7.807648 ] }, { "date": "2024-12-06", "close": 8.364357, "volume": 169167649, "typical_volume": 131992615.4, "trend": 7.881491, "fair_value": 6.086683, "relative_strength": 0.710105, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.751443, "energy": 14.327139, "activity_lines": [ 8.000634, 7.985023, 7.828639, 7.840022 ] }, { "date": "2024-12-13", "close": 8.440396, "volume": 166046162, "typical_volume": 132249952.7, "trend": 7.902044, "fair_value": 6.108489, "relative_strength": 1.479793, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.169979, "energy": 35.403738, "activity_lines": [ 8.165386, 8.068666, 7.893409, 7.87608 ] }, { "date": "2024-12-20", "close": 8.62099, "volume": 148570430, "typical_volume": 133484093.2, "trend": 7.925895, "fair_value": 6.130738, "relative_strength": 3.871635, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.025074, "energy": 52.925055, "activity_lines": [ 8.358653, 8.179269, 7.973703, 7.922464 ] }, { "date": "2024-12-27", "close": 8.982178, "volume": 145771293, "typical_volume": 135810600.75, "trend": 7.960575, "fair_value": 6.154644, "relative_strength": 6.670292, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.74954, "energy": 78.201105, "activity_lines": [ 8.615921, 8.34189, 8.084368, 7.990611 ] }, { "date": "2025-01-03", "close": 8.782574, "volume": 110132865, "typical_volume": 136080156.9, "trend": 7.976197, "fair_value": 6.175073, "relative_strength": 9.767261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.116252, "energy": 76.019374, "activity_lines": [ 8.72998, 8.448518, 8.169414, 8.043643 ] }, { "date": "2025-01-10", "close": 8.516436, "volume": 135231814, "typical_volume": 139123819.95, "trend": 7.989302, "fair_value": 6.194675, "relative_strength": 7.390641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.633754, "energy": 75.034017, "activity_lines": [ 8.689426, 8.492068, 8.22486, 8.078497 ] }, { "date": "2025-01-17", "close": 8.335842, "volume": 91308262, "typical_volume": 139555805.55, "trend": 7.993663, "fair_value": 6.206527, "relative_strength": 2.39369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.386937, "energy": 59.388622, "activity_lines": [ 8.578535, 8.497253, 8.259847, 8.100855 ] }, { "date": "2025-01-24", "close": 8.126733, "volume": 126307571, "typical_volume": 140244034.3, "trend": 7.984792, "fair_value": 6.21616, "relative_strength": -0.720106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.103032, "energy": 26.461715, "activity_lines": [ 8.404911, 8.457678, 8.270755, 8.10944 ] }, { "date": "2025-01-31", "close": 8.269307, "volume": 28398646, "typical_volume": 135278187.7, "trend": 7.978772, "fair_value": 6.228685, "relative_strength": 0.816236, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.641116, "energy": 23.578836, "activity_lines": [ 8.311763, 8.437631, 8.291621, 8.127796 ] }, { "date": "2025-02-07", "close": 8.164753, "volume": 77692290, "typical_volume": 135927530.1, "trend": 7.977505, "fair_value": 6.243615, "relative_strength": -2.095562, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.703711, "energy": 24.561224, "activity_lines": [ 8.231287, 8.390625, 8.295785, 8.139794 ] }, { "date": "2025-02-14", "close": 8.060198, "volume": 87595506, "typical_volume": 131669007.4, "trend": 7.983525, "fair_value": 6.258644, "relative_strength": -4.635227, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.312641, "energy": 20.154554, "activity_lines": [ 8.157149, 8.317869, 8.284062, 8.145129 ] }, { "date": "2025-02-21", "close": 8.193267, "volume": 149903583, "typical_volume": 136100488.4, "trend": 7.98701, "fair_value": 6.274197, "relative_strength": -4.104087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.978692, "energy": 14.716294, "activity_lines": [ 8.157782, 8.274837, 8.282931, 8.158661 ] }, { "date": "2025-02-28", "close": 8.468911, "volume": 109418877, "typical_volume": 128298474.25, "trend": 8.010139, "fair_value": 6.293, "relative_strength": 0.590187, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.681238, "energy": 14.806215, "activity_lines": [ 8.259802, 8.286416, 8.307689, 8.189752 ] }, { "date": "2025-03-07", "close": 8.307326, "volume": 85136290, "typical_volume": 126092178.9, "trend": 8.033901, "fair_value": 6.30802, "relative_strength": -2.929358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.070428, "energy": 12.891884, "activity_lines": [ 8.285148, 8.271381, 8.314207, 8.208925 ] }, { "date": "2025-03-14", "close": 8.792079, "volume": 110939692, "typical_volume": 124277620.2, "trend": 8.064, "fair_value": 6.327137, "relative_strength": 1.06003, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.399153, "energy": 37.645273, "activity_lines": [ 8.469544, 8.356752, 8.364945, 8.25784 ] }, { "date": "2025-03-21", "close": 8.278812, "volume": 123452486, "typical_volume": 122146742.7, "trend": 8.078891, "fair_value": 6.342084, "relative_strength": -3.479243, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.502199, "energy": 30.187318, "activity_lines": [ 8.44103, 8.34863, 8.362908, 8.271699 ] }, { "date": "2025-03-28", "close": 8.240792, "volume": 112444196, "typical_volume": 117552477.55, "trend": 8.104871, "fair_value": 6.356459, "relative_strength": -3.606239, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.631949, "energy": 19.163418, "activity_lines": [ 8.385267, 8.337915, 8.356934, 8.282144 ] }, { "date": "2025-04-04", "close": 8.801584, "volume": 117158082, "typical_volume": 116776394.25, "trend": 8.152713, "fair_value": 6.377229, "relative_strength": 3.050134, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.208708, "energy": 44.299327, "activity_lines": [ 8.513267, 8.430891, 8.403055, 8.327093 ] }, { "date": "2025-04-11", "close": 8.364357, "volume": 159255142, "typical_volume": 117235542.5, "trend": 8.203089, "fair_value": 6.3969, "relative_strength": 1.014053, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.631582, "energy": 21.484802, "activity_lines": [ 8.473347, 8.432101, 8.402648, 8.340747 ] }, { "date": "2025-04-18", "close": 8.67802, "volume": 96346044, "typical_volume": 117513844.0, "trend": 8.261703, "fair_value": 6.420119, "relative_strength": 3.456769, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.27045, "energy": 30.131909, "activity_lines": [ 8.534178, 8.488612, 8.429579, 8.371388 ] }, { "date": "2025-04-25", "close": 8.896633, "volume": 89103360, "typical_volume": 113510629.55, "trend": 8.304158, "fair_value": 6.443696, "relative_strength": 5.243452, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.850365, "energy": 55.234776, "activity_lines": [ 8.675485, 8.575539, 8.47312, 8.412351 ] }, { "date": "2025-05-02", "close": 8.383367, "volume": 72473130, "typical_volume": 108831977.95, "trend": 8.31303, "fair_value": 6.464148, "relative_strength": -0.394954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.897937, "energy": 25.449092, "activity_lines": [ 8.604515, 8.553937, 8.465245, 8.417462 ] }, { "date": "2025-05-09", "close": 8.697029, "volume": 101499502, "typical_volume": 106478431.55, "trend": 8.340594, "fair_value": 6.489027, "relative_strength": 1.285564, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.105278, "energy": 34.389537, "activity_lines": [ 8.628594, 8.585908, 8.487513, 8.442236 ] }, { "date": "2025-05-16", "close": 8.525941, "volume": 86665923, "typical_volume": 103523163.05, "trend": 8.361505, "fair_value": 6.512645, "relative_strength": -1.49554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.891272, "energy": 24.281404, "activity_lines": [ 8.602614, 8.582625, 8.493126, 8.454194 ] }, { "date": "2025-05-23", "close": 8.487921, "volume": 89233846, "typical_volume": 102478212.1, "trend": 8.378614, "fair_value": 6.536458, "relative_strength": -1.357703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.578251, "energy": 14.58927, "activity_lines": [ 8.553188, 8.568454, 8.49729, 8.462349 ] }, { "date": "2025-05-30", "close": 8.535445, "volume": 75825361, "typical_volume": 99507889.45, "trend": 8.389386, "fair_value": 6.562169, "relative_strength": -0.762097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.33098, "energy": 13.768948, "activity_lines": [ 8.532277, 8.568454, 8.507383, 8.472468 ] }, { "date": "2025-06-06", "close": 8.278812, "volume": 109009265, "typical_volume": 100392939.6, "trend": 8.399842, "fair_value": 6.584587, "relative_strength": -4.623274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.272323, "energy": 10.407759, "activity_lines": [ 8.449901, 8.517127, 8.492945, 8.465334 ] }, { "date": "2025-06-13", "close": 8.307326, "volume": 151902085, "typical_volume": 101672665.3, "trend": 8.417584, "fair_value": 6.607463, "relative_strength": -3.900199, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.436461, "energy": 12.880814, "activity_lines": [ 8.384, 8.470293, 8.481494, 8.459365 ] }, { "date": "2025-06-20", "close": 8.402376, "volume": 132939904, "typical_volume": 106899728.2, "trend": 8.436594, "fair_value": 6.630618, "relative_strength": -2.132481, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.649243, "energy": 13.876002, "activity_lines": [ 8.375762, 8.449728, 8.478235, 8.458384 ] }, { "date": "2025-06-27", "close": 8.202772, "volume": 108131103, "typical_volume": 108421668.85, "trend": 8.450218, "fair_value": 6.651999, "relative_strength": -5.945992, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.82663, "energy": 31.419722, "activity_lines": [ 8.309227, 8.39218, 8.455332, 8.443299 ] }, { "date": "2025-07-04", "close": 8.326337, "volume": 121277815, "typical_volume": 110105784.3, "trend": 8.44895, "fair_value": 6.673458, "relative_strength": -5.518656, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.609981, "energy": 37.042912, "activity_lines": [ 8.302891, 8.365739, 8.444017, 8.435306 ] }, { "date": "2025-07-11", "close": 8.47, "volume": 175079478, "typical_volume": 111364579.05, "trend": 8.449937, "fair_value": 6.696772, "relative_strength": -4.673914, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.973259, "energy": 19.586979, "activity_lines": [ 8.358383, 8.375787, 8.445116, 8.436664 ] }, { "date": "2025-07-18", "close": 8.28, "volume": 106738010, "typical_volume": 111230535.7, "trend": 8.438571, "fair_value": 6.718374, "relative_strength": -7.242068, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.274042, "energy": 22.266468, "activity_lines": [ 8.337795, 8.349715, 8.426803, 8.425701 ] }, { "date": "2025-07-25", "close": 8.29, "volume": 175240021, "typical_volume": 115735722.25, "trend": 8.415498, "fair_value": 6.739985, "relative_strength": -8.316326, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.57244, "energy": 12.880535, "activity_lines": [ 8.322363, 8.333044, 8.410341, 8.416115 ] }, { "date": "2025-08-01", "close": 8.19, "volume": 136466604, "typical_volume": 117012067.85, "trend": 8.395746, "fair_value": 6.759051, "relative_strength": -8.301558, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.586143, "energy": 19.606769, "activity_lines": [ 8.281089, 8.302481, 8.384438, 8.401567 ] }, { "date": "2025-08-08", "close": 8.23, "volume": 88909145, "typical_volume": 115284900.8, "trend": 8.386198, "fair_value": 6.77843, "relative_strength": -9.489207, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.811109, "energy": 33.664779, "activity_lines": [ 8.254, 8.284607, 8.365212, 8.390874 ] }, { "date": "2025-08-15", "close": 8.13, "volume": 90382179, "typical_volume": 114181799.95, "trend": 8.379337, "fair_value": 6.797678, "relative_strength": -11.712952, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.514498, "energy": 52.991684, "activity_lines": [ 8.2, 8.254104, 8.336694, 8.374345 ] }, { "date": "2025-08-22", "close": 8.18, "volume": 104845771, "typical_volume": 113566184.4, "trend": 8.381112, "fair_value": 6.816793, "relative_strength": -13.76165, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.479047, "energy": 53.215579, "activity_lines": [ 8.185333, 8.235399, 8.313466, 8.361484 ] }, { "date": "2025-08-29", "close": 8.08, "volume": 137757539, "typical_volume": 112491304.25, "trend": 8.374802, "fair_value": 6.836289, "relative_strength": -15.176952, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.749979, "energy": 54.767202, "activity_lines": [ 8.144, 8.200826, 8.283674, 8.342058 ] }, { "date": "2025-09-05", "close": 7.93, "volume": 132165933, "typical_volume": 114282298.7, "trend": 8.366977, "fair_value": 6.854767, "relative_strength": -15.375522, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.861489, "energy": 64.709297, "activity_lines": [ 8.066667, 8.144842, 8.24095, 8.313361 ] }, { "date": "2025-09-12", "close": 7.92, "volume": 92703164, "typical_volume": 114462288.9, "trend": 8.362304, "fair_value": 6.871761, "relative_strength": -16.431383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.131979, "energy": 67.136962, "activity_lines": [ 8.003333, 8.092, 8.200836, 8.284524 ] }, { "date": "2025-09-19", "close": 7.69, "volume": 99629976, "typical_volume": 115820131.2, "trend": 8.345528, "fair_value": 6.886429, "relative_strength": -17.451312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.730721, "energy": 79.935342, "activity_lines": [ 7.884, 8.004727, 8.143468, 8.241149 ] }, { "date": "2025-09-26", "close": 7.74, "volume": 81912793, "typical_volume": 114840795.75, "trend": 8.321231, "fair_value": 6.902099, "relative_strength": -16.79524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.691329, "energy": 80.033436, "activity_lines": [ 7.810667, 7.940727, 8.094164, 8.202083 ] }, { "date": "2025-10-03", "close": 7.82, "volume": 29485816, "typical_volume": 111981790.4, "trend": 8.304987, "fair_value": 6.914252, "relative_strength": -16.843277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.044498, "energy": 74.988862, "activity_lines": [ 7.793333, 7.901091, 8.057035, 8.169746 ] }, { "date": "2025-10-10", "close": 8.03, "volume": 45359843, "typical_volume": 109788090.25, "trend": 8.279584, "fair_value": 6.931952, "relative_strength": -14.661346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.488194, "energy": 55.307995, "activity_lines": [ 7.863333, 7.908182, 8.043269, 8.152004 ] }, { "date": "2025-10-17", "close": 8.07, "volume": 103853995, "typical_volume": 111189521.95, "trend": 8.272624, "fair_value": 6.949396, "relative_strength": -12.734578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.276949, "energy": 32.952635, "activity_lines": [ 7.94, 7.925455, 8.035492, 8.138483 ] }, { "date": "2025-10-24", "close": 8.19, "volume": 85362951, "typical_volume": 110007206.25, "trend": 8.270931, "fair_value": 6.9692, "relative_strength": -13.678777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.859937, "energy": 21.046369, "activity_lines": [ 8.046667, 7.967455, 8.041361, 8.133152 ] }, { "date": "2025-10-31", "close": 8.23, "volume": 104426647, "typical_volume": 107633434.35, "trend": 8.251878, "fair_value": 6.986706, "relative_strength": -13.056875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.969723, "energy": 21.784984, "activity_lines": [ 8.133333, 8.015636, 8.051462, 8.130512 ] }, { "date": "2025-11-07", "close": 8.42, "volume": 106981272, "typical_volume": 106335502.75, "trend": 8.253733, "fair_value": 7.006848, "relative_strength": -11.858992, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.956635, "energy": 29.617083, "activity_lines": [ 8.250667, 8.097455, 8.080026, 8.141358 ] }, { "date": "2025-11-14", "close": 8.38, "volume": 77006334, "typical_volume": 104779264.3, "trend": 8.243799, "fair_value": 7.028948, "relative_strength": -11.956386, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.828366, "energy": 37.823979, "activity_lines": [ 8.314667, 8.165818, 8.104697, 8.149505 ] }, { "date": "2025-11-21", "close": 8.29, "volume": 76103090, "typical_volume": 102520528.05, "trend": 8.223578, "fair_value": 7.05138, "relative_strength": -9.195571, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.825355, "energy": 40.06126, "activity_lines": [ 8.325333, 8.209636, 8.119952, 8.152485 ] }, { "date": "2025-11-28", "close": 8.4, "volume": 120442187, "typical_volume": 99788663.5, "trend": 8.224132, "fair_value": 7.074176, "relative_strength": -9.127161, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.956625, "energy": 50.802152, "activity_lines": [ 8.358, 8.266727, 8.145857, 8.163867 ] }, { "date": "2025-12-05", "close": 8.18, "volume": 160197807, "typical_volume": 102461653.35, "trend": 8.206898, "fair_value": 7.094369, "relative_strength": -11.570993, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.175106, "energy": 22.871674, "activity_lines": [ 8.303333, 8.270909, 8.151143, 8.16102 ] }, { "date": "2025-12-12", "close": 8.16, "volume": 144981881, "typical_volume": 100948746.35, "trend": 8.1947, "fair_value": 7.113356, "relative_strength": -11.200611, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.530731, "energy": 8.395624, "activity_lines": [ 8.245333, 8.263455, 8.155, 8.157994 ] }, { "date": "2025-12-19", "close": 8.05, "volume": 120682898, "typical_volume": 100159561.05, "trend": 8.180102, "fair_value": 7.132489, "relative_strength": -12.071466, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.018613, "energy": 9.627585, "activity_lines": [ 8.168, 8.229818, 8.149, 8.148659 ] }, { "date": "2025-12-26", "close": 8.02, "volume": 70095187, "typical_volume": 99218863.15, "trend": 8.162921, "fair_value": 7.152225, "relative_strength": -13.58094, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.705368, "energy": 21.151339, "activity_lines": [ 8.102667, 8.190364, 8.14081, 8.13833 ] }, { "date": "2026-01-02", "close": 7.78, "volume": 74944429, "typical_volume": 98446975.65, "trend": 8.146294, "fair_value": 7.170706, "relative_strength": -15.740043, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.554653, "energy": 46.788567, "activity_lines": [ 7.975333, 8.108182, 8.110762, 8.113625 ] }, { "date": "2026-01-09", "close": 7.93, "volume": 94440060, "typical_volume": 97926690.1, "trend": 8.133716, "fair_value": 7.191454, "relative_strength": -16.749839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.216255, "energy": 54.677183, "activity_lines": [ 7.939333, 8.060727, 8.096667, 8.099671 ] }, { "date": "2026-01-16", "close": 8.04, "volume": 107211180, "typical_volume": 96399372.15, "trend": 8.121637, "fair_value": 7.211829, "relative_strength": -14.780767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.261602, "energy": 48.665587, "activity_lines": [ 7.956667, 8.038727, 8.094238, 8.093625 ] }, { "date": "2026-01-23", "close": 8.29, "volume": 113232366, "typical_volume": 95452693.8, "trend": 8.124545, "fair_value": 7.233636, "relative_strength": -12.496947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.920015, "energy": 16.736353, "activity_lines": [ 8.065333, 8.069091, 8.11581, 8.104487 ] }, { "date": "2026-01-30", "close": 8.33, "volume": 130037755, "typical_volume": 97319423.35, "trend": 8.124667, "fair_value": 7.256721, "relative_strength": -11.297736, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.877113, "energy": 16.697533, "activity_lines": [ 8.171333, 8.108364, 8.139476, 8.117742 ] }, { "date": "2026-02-06", "close": 8.28, "volume": 118868388, "typical_volume": 98281343.95, "trend": 8.118333, "fair_value": 7.278861, "relative_strength": -10.365866, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.165439, "energy": 33.64338, "activity_lines": [ 8.24, 8.137818, 8.156429, 8.127763 ] }, { "date": "2026-02-13", "close": 8.24, "volume": 87709492, "typical_volume": 98571178.9, "trend": 8.117, "fair_value": 7.300858, "relative_strength": -10.865147, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.663307, "energy": 34.801835, "activity_lines": [ 8.262, 8.162182, 8.166762, 8.135613 ] }, { "date": "2026-02-27", "close": 8.56, "volume": 107906111, "typical_volume": 102492193.65, "trend": 8.126, "fair_value": 7.323942, "relative_strength": -8.916084, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.953643, "energy": 67.053803, "activity_lines": [ 8.37, 8.243636, 8.20519, 8.164194 ] }, { "date": "2026-03-06", "close": 9.04, "volume": 254996278, "typical_volume": 112974015.4, "trend": 8.154333, "fair_value": 7.350613, "relative_strength": -2.609045, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.88564, "energy": 83.640789, "activity_lines": [ 8.603333, 8.405091, 8.28581, 8.223161 ] }, { "date": "2026-03-13", "close": 9.19, "volume": 202558713, "typical_volume": 117909251.3, "trend": 8.186333, "fair_value": 7.37836, "relative_strength": -0.110973, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.894283, "energy": 91.458544, "activity_lines": [ 8.836667, 8.575818, 8.375905, 8.289978 ] }, { "date": "2026-03-20", "close": 9.09, "volume": 123670928, "typical_volume": 119824650.15, "trend": 8.218333, "fair_value": 7.403592, "relative_strength": 2.497998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.509271, "energy": 89.677273, "activity_lines": [ 8.979333, 8.707091, 8.451143, 8.34828 ] }, { "date": "2026-03-27", "close": 9.21, "volume": 176960921, "typical_volume": 123451363.85, "trend": 8.252667, "fair_value": 7.428628, "relative_strength": 5.09746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.162942, "energy": 89.145471, "activity_lines": [ 9.108, 8.836364, 8.533524, 8.412258 ] }, { "date": "2026-04-03", "close": 8.76, "volume": 106824642, "typical_volume": 123443532.35, "trend": 8.275333, "fair_value": 7.449304, "relative_strength": 1.003362, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.680462, "energy": 68.926097, "activity_lines": [ 9.022, 8.860545, 8.568381, 8.444989 ] }, { "date": "2026-04-10", "close": 9.0, "volume": 117517375, "typical_volume": 125469084.4, "trend": 8.311, "fair_value": 7.473506, "relative_strength": 1.335493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.621619, "energy": 50.19423, "activity_lines": [ 9.002667, 8.915273, 8.624476, 8.491742 ] }, { "date": "2026-04-17", "close": 9.16, "volume": 148476099, "typical_volume": 129087734.85, "trend": 8.352333, "fair_value": 7.498959, "relative_strength": 1.760103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.703436, "energy": 47.308609, "activity_lines": [ 9.039333, 8.986182, 8.692857, 8.546516 ] }, { "date": "2026-04-24", "close": 9.33, "volume": 115600802, "typical_volume": 128845665.6, "trend": 8.407, "fair_value": 7.525106, "relative_strength": 3.248376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.688005, "energy": 47.107518, "activity_lines": [ 9.134667, 9.072909, 8.773286, 8.609591 ] }, { "date": "2026-05-01", "close": 9.06, "volume": 119789967, "typical_volume": 126825273.6, "trend": 8.451, "fair_value": 7.546797, "relative_strength": -0.095135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.321565, "energy": 42.358876, "activity_lines": [ 9.124, 9.091455, 8.823571, 8.65172 ] }, { "date": "2026-05-08", "close": 9.4, "volume": 103512785, "typical_volume": 124751818.8, "trend": 8.503667, "fair_value": 7.571178, "relative_strength": 2.247373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.070906, "energy": 47.003886, "activity_lines": [ 9.236667, 9.156909, 8.902048, 8.712946 ] }, { "date": "2026-05-15", "close": 9.5, "volume": 210125387, "typical_volume": 129223943.25, "trend": 8.552667, "fair_value": 7.594213, "relative_strength": 4.728056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.872516, "energy": 47.802002, "activity_lines": [ 9.34, 9.225273, 8.984143, 8.777226 ] }, { "date": "2026-05-22", "close": 9.43, "volume": 218212689, "typical_volume": 136629818.35, "trend": 8.598, "fair_value": 7.614529, "relative_strength": 4.744372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.52487, "energy": 42.220764, "activity_lines": [ 9.386667, 9.272545, 9.052667, 8.833828 ] }, { "date": "2026-05-29", "close": 10.32, "volume": 215236045, "typical_volume": 143644399.15, "trend": 8.669, "fair_value": 7.639472, "relative_strength": 15.877474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.47015, "energy": 64.920994, "activity_lines": [ 9.712, 9.477273, 9.199238, 8.944925 ] }, { "date": "2026-06-05", "close": 9.7, "volume": 46897621, "typical_volume": 141267277.2, "trend": 8.718, "fair_value": 7.662484, "relative_strength": 10.156971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.488063, "energy": 54.072347, "activity_lines": [ 9.764667, 9.546909, 9.274667, 9.011441 ] }, { "date": "2026-06-12", "close": 9.13227, "volume": 42082451, "typical_volume": 138010840.75, "trend": 8.741742, "fair_value": 7.680608, "relative_strength": 3.776995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.328672, "energy": 39.480296, "activity_lines": [ 9.585423, 9.504413, 9.287597, 9.038168 ] }, { "date": "2026-06-19", "close": 8.648629, "volume": 127620734, "typical_volume": 138730259.15, "trend": 8.750697, "fair_value": 7.697675, "relative_strength": -2.839927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.131952, "energy": 16.7274, "activity_lines": [ 9.262815, 9.367213, 9.249265, 9.032161 ] }, { "date": "2026-06-26", "close": 8.183955, "volume": 21582590, "typical_volume": 133307500.9, "trend": 8.747162, "fair_value": 7.711706, "relative_strength": -6.228612, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.567054, "energy": 20.614304, "activity_lines": [ 8.842073, 9.151916, 9.164971, 8.995597 ] }, { "date": "2026-07-03", "close": 8.496899, "volume": 16638709, "typical_volume": 128196016.95, "trend": 8.750392, "fair_value": 7.72922, "relative_strength": -2.78343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.502782, "energy": 32.123787, "activity_lines": [ 8.608716, 9.011264, 9.111176, 8.979451 ] }, { "date": "2026-07-10", "close": 8.411551, "volume": 107230584, "typical_volume": 129172071.55, "trend": 8.75811, "fair_value": 7.745438, "relative_strength": -2.361905, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.863188, "energy": 37.414097, "activity_lines": [ 8.46845, 8.870241, 9.04822, 8.95759 ] }, { "date": "2026-07-17", "close": 8.3, "volume": 125340092, "typical_volume": 130043770.6, "trend": 8.762777, "fair_value": 7.757975, "relative_strength": 2.471562, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.148848, "energy": 51.992486, "activity_lines": [ 8.376896, 8.720727, 8.973824, 8.928034 ] }, { "date": "2026-07-24", "close": 8.53, "volume": 201302979, "typical_volume": 127359105.65, "trend": 8.778777, "fair_value": 7.771811, "relative_strength": 4.028217, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.23524, "energy": 38.864382, "activity_lines": [ 8.417494, 8.63303, 8.92257, 8.913017 ] }, { "date": "2026-07-31", "close": 8.55, "volume": 141654481, "typical_volume": 124313894.05, "trend": 8.796443, "fair_value": 7.786299, "relative_strength": 3.85103, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.980316, "energy": 25.694234, "activity_lines": [ 8.472667, 8.566606, 8.875649, 8.898257 ] }, { "date": "2026-08-07", "close": 8.34, "volume": 121928366, "typical_volume": 124226765.95, "trend": 8.81511, "fair_value": 7.799557, "relative_strength": -1.308219, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.704015, "energy": 26.294695, "activity_lines": [ 8.433437, 8.478001, 8.811777, 8.868809 ] } ], "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." } } }