{ "ticker": { "uuid": "fb4e053f-e012-46ce-bf33-50a9599aa730", "symbol": "600847", "name": "Chongqing Wanli New Energy Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 65.437, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.509, "architecture_energy": 70.4, "architecture_maturity": 10.914, "architecture_confidence": 76.105, "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": 22.72, "rotation_up": 9.14, "upward_expansion": 15.63, "deceleration": 37.58, "rotation_down": 72.12, "downward_expansion": 88.97 }, "activity_lines": [ 11.433333, 12.171455, 13.252, 13.546473 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 12.19, "trend_reference": 13.718667, "distance_from_trend": -0.11143, "trend_direction": "Improving", "fair_value": 10.464551, "distance_from_fair_value": 0.164885, "fair_value_direction": "Weakening", "relative_strength": -4.360625, "relative_strength_direction": "Weakening", "price_momentum": -0.093006, "excess_performance": -0.049802, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.11143, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.019899, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.164885, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.272399, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.043606, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.167824, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.093006, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.321305, "read": "Demand-led" } ], "volume": { "latest": 11270301, "relative_activity": 0.631722, "balance": 1.321305, "dry_up": 0.885567, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.141225, "annualized_volatility": 0.548199, "from_high_reference": -0.329114, "from_low_reference": 0.261905 }, "levels": { "trend_reference": 13.718667, "fair_value_reference": 10.464551, "structural_low": 9.66, "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": 19, "median_return": -0.005587, "positive_rate": 0.473684, "directional_follow_through": 0.526316, "median_excess_return": 0.000215, "regime_survival": 0.789474, "best_return": 1.129944, "worst_return": -0.175115, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.024427, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.010488, "regime_survival": 0.625, "best_return": 0.880226, "worst_return": -0.175824, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.041769, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.043451, "regime_survival": 0.4, "best_return": 0.697175, "worst_return": -0.21073, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.135241, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.074826, "regime_survival": 0.0, "best_return": 0.912994, "worst_return": -0.243697, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.013564, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.078067, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-05-16", "tenure": "Established", "return": 0.135802, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": -0.005923, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-09-05", "tenure": "Established", "return": 0.103382, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": 0.052028, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": -0.07012, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": 0.172414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-04-03", "tenure": "Developing", "return": -0.098958, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": 0.082051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": -0.076768, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.0875, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.030825, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 12.59, "volume": 4837900, "typical_volume": 6834599.35, "trend": 13.073, "fair_value": 13.035064, "relative_strength": -19.294628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.664358, "energy": 17.623097, "activity_lines": [ 12.478, 12.212545, 12.062095, 12.404022 ] }, { "date": "2023-08-04", "close": 12.55, "volume": 3942101, "typical_volume": 6634293.95, "trend": 12.980667, "fair_value": 13.044103, "relative_strength": -19.067882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.90597, "energy": 16.157712, "activity_lines": [ 12.517333, 12.296545, 12.105714, 12.37028 ] }, { "date": "2023-08-11", "close": 12.09, "volume": 3366732, "typical_volume": 6159008.45, "trend": 12.868, "fair_value": 13.050513, "relative_strength": -18.922312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.774651, "energy": 11.081097, "activity_lines": [ 12.380667, 12.292, 12.106286, 12.312817 ] }, { "date": "2023-08-18", "close": 11.66, "volume": 10532474, "typical_volume": 6224311.45, "trend": 12.766667, "fair_value": 13.048141, "relative_strength": -19.725069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.706708, "energy": 18.792019, "activity_lines": [ 12.123333, 12.207818, 12.071762, 12.234882 ] }, { "date": "2023-08-25", "close": 10.61, "volume": 13999895, "typical_volume": 6579782.5, "trend": 12.635, "fair_value": 13.038846, "relative_strength": -24.599798, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.334071, "energy": 46.744413, "activity_lines": [ 11.576667, 11.931273, 11.942429, 12.095742 ] }, { "date": "2023-09-01", "close": 11.62, "volume": 9653978, "typical_volume": 6758985.1, "trend": 12.477333, "fair_value": 13.036154, "relative_strength": -18.170925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.043069, "energy": 41.34421, "activity_lines": [ 11.483333, 11.855818, 11.917143, 12.030258 ] }, { "date": "2023-09-08", "close": 11.41, "volume": 8991600, "typical_volume": 6824991.0, "trend": 12.338, "fair_value": 13.030513, "relative_strength": -18.264184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.149831, "energy": 54.128789, "activity_lines": [ 11.384667, 11.736, 11.873714, 11.961398 ] }, { "date": "2023-09-15", "close": 11.06, "volume": 6875613, "typical_volume": 6725726.0, "trend": 12.178, "fair_value": 13.02141, "relative_strength": -19.858274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.643971, "energy": 63.284479, "activity_lines": [ 11.245333, 11.567091, 11.795048, 11.878946 ] }, { "date": "2023-09-22", "close": 11.32, "volume": 6868800, "typical_volume": 6917326.0, "trend": 12.064333, "fair_value": 13.016987, "relative_strength": -17.541774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.522055, "energy": 37.947616, "activity_lines": [ 11.261333, 11.470364, 11.743095, 11.823591 ] }, { "date": "2023-09-29", "close": 11.29, "volume": 4987500, "typical_volume": 6824468.7, "trend": 11.973333, "fair_value": 13.009167, "relative_strength": -16.303183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.066827, "energy": 34.684518, "activity_lines": [ 11.29, 11.390909, 11.689571, 11.773634 ] }, { "date": "2023-10-13", "close": 10.87, "volume": 7396600, "typical_volume": 6823667.45, "trend": 11.877333, "fair_value": 13.00891, "relative_strength": -17.988726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.664617, "energy": 40.875372, "activity_lines": [ 11.133333, 11.254545, 11.597571, 11.702452 ] }, { "date": "2023-10-20", "close": 10.61, "volume": 6292099, "typical_volume": 6632043.15, "trend": 11.807333, "fair_value": 13.010897, "relative_strength": -16.320505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.256147, "energy": 47.749372, "activity_lines": [ 10.94, 11.102182, 11.487286, 11.620688 ] }, { "date": "2023-10-27", "close": 11.11, "volume": 8555100, "typical_volume": 6767763.85, "trend": 11.733667, "fair_value": 13.016923, "relative_strength": -12.477776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.478727, "energy": 39.527049, "activity_lines": [ 10.966667, 11.076, 11.432571, 11.575699 ] }, { "date": "2023-11-03", "close": 11.57, "volume": 7908391, "typical_volume": 6898358.4, "trend": 11.694333, "fair_value": 13.023782, "relative_strength": -8.209835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.127014, "energy": 29.385738, "activity_lines": [ 11.143333, 11.151273, 11.425952, 11.56514 ] }, { "date": "2023-11-10", "close": 11.72, "volume": 6658213, "typical_volume": 6979953.95, "trend": 11.676333, "fair_value": 13.031859, "relative_strength": -6.349912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.041603, "energy": 13.607076, "activity_lines": [ 11.353333, 11.255455, 11.433667, 11.566796 ] }, { "date": "2023-11-17", "close": 11.97, "volume": 6695998, "typical_volume": 7146153.85, "trend": 11.675, "fair_value": 13.043846, "relative_strength": -3.960312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.063771, "energy": 14.98053, "activity_lines": [ 11.618, 11.384909, 11.464476, 11.585742 ] }, { "date": "2023-11-24", "close": 11.74, "volume": 7367500, "typical_volume": 7193098.85, "trend": 11.699333, "fair_value": 13.057949, "relative_strength": -4.670174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.574232, "energy": 15.816435, "activity_lines": [ 11.732667, 11.466182, 11.470095, 11.589935 ] }, { "date": "2023-12-01", "close": 11.91, "volume": 7169449, "typical_volume": 7184295.85, "trend": 11.714, "fair_value": 13.071026, "relative_strength": -2.157539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.671635, "energy": 26.271984, "activity_lines": [ 11.828667, 11.572364, 11.494143, 11.603527 ] }, { "date": "2023-12-08", "close": 11.33, "volume": 35467335, "typical_volume": 8636643.9, "trend": 11.705333, "fair_value": 13.079808, "relative_strength": -4.222941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.410617, "energy": 14.372092, "activity_lines": [ 11.678, 11.557636, 11.465429, 11.578753 ] }, { "date": "2023-12-15", "close": 11.47, "volume": 29373986, "typical_volume": 9847063.2, "trend": 11.700667, "fair_value": 13.088077, "relative_strength": -1.543198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.684383, "energy": 6.98123, "activity_lines": [ 11.59, 11.568182, 11.455952, 11.56357 ] }, { "date": "2023-12-22", "close": 11.47, "volume": 17932300, "typical_volume": 10501783.2, "trend": 11.675333, "fair_value": 13.095449, "relative_strength": -0.178356, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.993239, "energy": 11.533055, "activity_lines": [ 11.518667, 11.575455, 11.450714, 11.548688 ] }, { "date": "2023-12-29", "close": 11.92, "volume": 16884377, "typical_volume": 11148897.0, "trend": 11.663333, "fair_value": 13.104872, "relative_strength": 1.808949, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.422304, "energy": 8.361061, "activity_lines": [ 11.630667, 11.653636, 11.493667, 11.564473 ] }, { "date": "2024-01-05", "close": 11.7, "volume": 12401197, "typical_volume": 11600620.25, "trend": 11.653, "fair_value": 13.110128, "relative_strength": 2.031678, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.971123, "energy": 3.656698, "activity_lines": [ 11.657333, 11.668, 11.518667, 11.566839 ] }, { "date": "2024-01-12", "close": 11.75, "volume": 12781300, "typical_volume": 11713061.55, "trend": 11.658667, "fair_value": 13.119551, "relative_strength": 4.599219, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.518471, "energy": 9.524755, "activity_lines": [ 11.714667, 11.680727, 11.550286, 11.573097 ] }, { "date": "2024-01-19", "close": 10.99, "volume": 11941440, "typical_volume": 11610138.8, "trend": 11.639333, "fair_value": 13.127115, "relative_strength": 0.053339, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.26166, "energy": 14.173748, "activity_lines": [ 11.490667, 11.552, 11.509095, 11.529957 ] }, { "date": "2024-01-26", "close": 10.5, "volume": 19054520, "typical_volume": 12080165.9, "trend": 11.613333, "fair_value": 13.131603, "relative_strength": -6.507735, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.839619, "energy": 39.326224, "activity_lines": [ 11.135333, 11.347455, 11.419429, 11.456452 ] }, { "date": "2024-02-02", "close": 7.69, "volume": 19018960, "typical_volume": 12581533.9, "trend": 11.462667, "fair_value": 13.121987, "relative_strength": -26.409376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.631007, "energy": 79.844209, "activity_lines": [ 9.908, 10.658727, 11.067476, 11.203333 ] }, { "date": "2024-02-09", "close": 5.79, "volume": 29359562, "typical_volume": 13705731.35, "trend": 11.241333, "fair_value": 13.102179, "relative_strength": -46.411277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.423584, "energy": 94.131905, "activity_lines": [ 8.329333, 9.698182, 10.552286, 10.837355 ] }, { "date": "2024-02-23", "close": 7.44, "volume": 34103012, "typical_volume": 15067441.95, "trend": 11.070333, "fair_value": 13.079359, "relative_strength": -33.543244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.174888, "energy": 88.940845, "activity_lines": [ 7.694667, 9.148909, 10.219333, 10.592108 ] }, { "date": "2024-03-01", "close": 7.39, "volume": 31536855, "typical_volume": 16394909.7, "trend": 10.904667, "fair_value": 13.071154, "relative_strength": -33.623657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.774423, "energy": 87.413709, "activity_lines": [ 7.330667, 8.661273, 9.900095, 10.354667 ] }, { "date": "2024-03-08", "close": 7.25, "volume": 18390100, "typical_volume": 16944584.7, "trend": 10.726667, "fair_value": 13.067244, "relative_strength": -34.559056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.055032, "energy": 84.368489, "activity_lines": [ 7.16, 8.222364, 9.586095, 10.118882 ] }, { "date": "2024-03-15", "close": 8.04, "volume": 23080652, "typical_volume": 17784012.35, "trend": 10.576333, "fair_value": 13.068333, "relative_strength": -27.023247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.781201, "energy": 58.092457, "activity_lines": [ 7.469333, 8.003818, 9.364571, 9.945548 ] }, { "date": "2024-03-22", "close": 8.36, "volume": 20870100, "typical_volume": 18399762.35, "trend": 10.452, "fair_value": 13.067244, "relative_strength": -23.335418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.778381, "energy": 48.881336, "activity_lines": [ 7.862, 7.914, 9.185762, 9.802559 ] }, { "date": "2024-03-29", "close": 8.36, "volume": 14754473, "typical_volume": 18742066.45, "trend": 10.342, "fair_value": 13.066218, "relative_strength": -22.679705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.147916, "energy": 37.536377, "activity_lines": [ 8.083333, 7.884909, 9.020048, 9.667591 ] }, { "date": "2024-04-05", "close": 8.68, "volume": 10733743, "typical_volume": 18945842.95, "trend": 10.277667, "fair_value": 13.066603, "relative_strength": -19.913969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.366792, "energy": 27.332964, "activity_lines": [ 8.35, 7.975636, 8.900095, 9.560366 ] }, { "date": "2024-04-12", "close": 7.89, "volume": 42550054, "typical_volume": 20738545.75, "trend": 10.153333, "fair_value": 13.06391, "relative_strength": -25.481216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.563001, "energy": 27.296929, "activity_lines": [ 8.267333, 7.964727, 8.719381, 9.406323 ] }, { "date": "2024-04-19", "close": 6.44, "volume": 24030990, "typical_volume": 21571720.25, "trend": 9.987667, "fair_value": 13.050064, "relative_strength": -39.559777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.882493, "energy": 44.880745, "activity_lines": [ 7.658667, 7.737636, 8.42, 9.166753 ] }, { "date": "2024-04-26", "close": 6.88, "volume": 14874984, "typical_volume": 21956997.0, "trend": 9.848333, "fair_value": 13.038141, "relative_strength": -35.429494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.964729, "energy": 46.893429, "activity_lines": [ 7.303333, 7.613273, 8.187762, 8.966258 ] }, { "date": "2024-05-03", "close": 7.16, "volume": 8562101, "typical_volume": 20611735.3, "trend": 9.709667, "fair_value": 13.027885, "relative_strength": -32.766339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.164878, "energy": 48.877351, "activity_lines": [ 7.14, 7.52, 8.006143, 8.792817 ] }, { "date": "2024-05-10", "close": 7.64, "volume": 33731126, "typical_volume": 20829592.3, "trend": 9.588, "fair_value": 13.02109, "relative_strength": -28.979897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.216958, "energy": 55.475667, "activity_lines": [ 7.216667, 7.519091, 7.890095, 8.65929 ] }, { "date": "2024-05-17", "close": 7.99, "volume": 61241553, "typical_volume": 22995054.95, "trend": 9.492, "fair_value": 13.011154, "relative_strength": -25.317139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.62957, "energy": 38.946477, "activity_lines": [ 7.479333, 7.577273, 7.825619, 8.556194 ] }, { "date": "2024-05-24", "close": 7.31, "volume": 35961958, "typical_volume": 23948934.0, "trend": 9.382, "fair_value": 13.000577, "relative_strength": -29.761461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.707188, "energy": 31.877806, "activity_lines": [ 7.508667, 7.498364, 7.712952, 8.415419 ] }, { "date": "2024-05-31", "close": 7.12, "volume": 19349511, "typical_volume": 24296349.7, "trend": 9.249, "fair_value": 12.992564, "relative_strength": -30.98287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.976966, "energy": 32.02215, "activity_lines": [ 7.416667, 7.398182, 7.604143, 8.269484 ] }, { "date": "2024-06-07", "close": 6.48, "volume": 19768800, "typical_volume": 24645724.7, "trend": 9.079333, "fair_value": 12.978846, "relative_strength": -35.827837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.381439, "energy": 44.376783, "activity_lines": [ 7.095333, 7.204182, 7.45619, 8.090839 ] }, { "date": "2024-06-14", "close": 6.49, "volume": 10454100, "typical_volume": 24571357.7, "trend": 8.905, "fair_value": 12.964872, "relative_strength": -34.735125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.275891, "energy": 57.545172, "activity_lines": [ 6.822667, 7.046182, 7.334286, 7.923785 ] }, { "date": "2024-06-21", "close": 6.2, "volume": 10190800, "typical_volume": 24128171.7, "trend": 8.712667, "fair_value": 12.948462, "relative_strength": -36.368469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.692744, "energy": 70.693251, "activity_lines": [ 6.53, 6.875273, 7.20619, 7.749269 ] }, { "date": "2024-06-28", "close": 6.35, "volume": 12824800, "typical_volume": 23818463.7, "trend": 8.533, "fair_value": 12.933141, "relative_strength": -33.606038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.626841, "energy": 66.528347, "activity_lines": [ 6.406667, 6.762364, 7.112857, 7.596839 ] }, { "date": "2024-07-05", "close": 6.72, "volume": 20505800, "typical_volume": 23375775.6, "trend": 8.36, "fair_value": 12.917564, "relative_strength": -28.790506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.011517, "energy": 46.105023, "activity_lines": [ 6.470667, 6.718364, 7.061143, 7.479871 ] }, { "date": "2024-07-12", "close": 6.73, "volume": 14778597, "typical_volume": 22409554.85, "trend": 8.206667, "fair_value": 12.899872, "relative_strength": -28.532127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.870224, "energy": 40.346393, "activity_lines": [ 6.564667, 6.679091, 7.005952, 7.37471 ] }, { "date": "2024-07-19", "close": 6.71, "volume": 8797899, "typical_volume": 21272607.05, "trend": 8.048, "fair_value": 12.88391, "relative_strength": -28.294733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.736592, "energy": 35.126518, "activity_lines": [ 6.635333, 6.644, 6.952238, 7.278151 ] }, { "date": "2024-07-26", "close": 6.73, "volume": 12067968, "typical_volume": 20956500.45, "trend": 7.89, "fair_value": 12.86891, "relative_strength": -25.093274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.919196, "energy": 26.795064, "activity_lines": [ 6.698, 6.629455, 6.903667, 7.193118 ] }, { "date": "2024-08-02", "close": 6.88, "volume": 17571636, "typical_volume": 20681049.65, "trend": 7.722, "fair_value": 12.853333, "relative_strength": -23.074281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.116258, "energy": 22.752695, "activity_lines": [ 6.775333, 6.665091, 6.871857, 7.127957 ] }, { "date": "2024-08-09", "close": 6.93, "volume": 9029268, "typical_volume": 20089008.05, "trend": 7.563, "fair_value": 12.835128, "relative_strength": -20.642304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.485964, "energy": 19.121303, "activity_lines": [ 6.834, 6.717636, 6.850333, 7.07686 ] }, { "date": "2024-08-16", "close": 6.93, "volume": 9935900, "typical_volume": 19848079.4, "trend": 7.402333, "fair_value": 12.816282, "relative_strength": -20.409942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.057102, "energy": 16.112877, "activity_lines": [ 6.878667, 6.773636, 6.835619, 7.036022 ] }, { "date": "2024-08-23", "close": 6.97, "volume": 17836900, "typical_volume": 20203237.25, "trend": 7.268333, "fair_value": 12.793526, "relative_strength": -18.548926, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.463033, "energy": 16.858615, "activity_lines": [ 6.923333, 6.828727, 6.831524, 7.008129 ] }, { "date": "2024-08-30", "close": 6.99, "volume": 13729380, "typical_volume": 18762203.55, "trend": 7.151333, "fair_value": 12.771538, "relative_strength": -17.295563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.445527, "energy": 14.181027, "activity_lines": [ 6.957333, 6.878727, 6.837476, 6.990172 ] }, { "date": "2024-09-06", "close": 7.69, "volume": 15839059, "typical_volume": 18352607.0, "trend": 7.151333, "fair_value": 12.754423, "relative_strength": -6.085306, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.628272, "energy": 49.108169, "activity_lines": [ 7.207333, 7.041636, 6.914381, 7.024925 ] }, { "date": "2024-09-13", "close": 7.6, "volume": 61628890, "typical_volume": 20690302.3, "trend": 7.211667, "fair_value": 12.736923, "relative_strength": -4.509017, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.287347, "energy": 47.706075, "activity_lines": [ 7.373333, 7.163818, 6.976762, 7.053871 ] }, { "date": "2024-09-20", "close": 7.63, "volume": 24670441, "typical_volume": 21495719.3, "trend": 7.218, "fair_value": 12.725769, "relative_strength": -4.73498, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.875437, "energy": 52.731423, "activity_lines": [ 7.504667, 7.275455, 7.038571, 7.08086 ] }, { "date": "2024-09-27", "close": 8.4, "volume": 43038757, "typical_volume": 21961100.85, "trend": 7.251667, "fair_value": 12.720962, "relative_strength": -6.526499, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 58.586713, "energy": 73.631843, "activity_lines": [ 7.846, 7.510727, 7.171476, 7.157118 ] }, { "date": "2024-10-04", "close": 9.02, "volume": 13232672, "typical_volume": 19560656.8, "trend": 7.310667, "fair_value": 12.720064, "relative_strength": -6.554964, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 65.54879, "energy": 84.949639, "activity_lines": [ 8.298667, 7.828, 7.35981, 7.271204 ] }, { "date": "2024-10-11", "close": 8.26, "volume": 31157387, "typical_volume": 19320428.25, "trend": 7.318, "fair_value": 12.714487, "relative_strength": -10.638925, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.966761, "energy": 78.394848, "activity_lines": [ 8.362667, 7.965455, 7.470857, 7.332452 ] }, { "date": "2024-10-18", "close": 8.73, "volume": 22911293, "typical_volume": 19498517.35, "trend": 7.330333, "fair_value": 12.713397, "relative_strength": -6.294232, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.746861, "energy": 80.373666, "activity_lines": [ 8.545333, 8.163273, 7.622143, 7.423548 ] }, { "date": "2024-10-25", "close": 10.7, "volume": 50256776, "typical_volume": 21022916.15, "trend": 7.408333, "fair_value": 12.724679, "relative_strength": 13.764389, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.200768, "energy": 90.512854, "activity_lines": [ 9.309333, 8.686545, 7.953381, 7.640946 ] }, { "date": "2024-11-01", "close": 9.71, "volume": 38651646, "typical_volume": 22432793.45, "trend": 7.442667, "fair_value": 12.731346, "relative_strength": 4.615969, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.531849, "energy": 62.609447, "activity_lines": [ 9.538667, 8.961273, 8.170238, 7.789441 ] }, { "date": "2024-11-08", "close": 9.99, "volume": 20760891, "typical_volume": 22961298.0, "trend": 7.512667, "fair_value": 12.737692, "relative_strength": 2.654862, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.751235, "energy": 71.077321, "activity_lines": [ 9.774, 9.237091, 8.398429, 7.953785 ] }, { "date": "2024-11-15", "close": 9.7, "volume": 19142044, "typical_volume": 23277160.2, "trend": 7.621333, "fair_value": 12.74391, "relative_strength": 3.982875, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.416602, "energy": 58.788097, "activity_lines": [ 9.848, 9.405636, 8.580952, 8.094903 ] }, { "date": "2024-11-22", "close": 9.49, "volume": 13344600, "typical_volume": 22919100.2, "trend": 7.708333, "fair_value": 12.749872, "relative_strength": 4.437372, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.169103, "energy": 49.58623, "activity_lines": [ 9.756, 9.499455, 8.727524, 8.215462 ] }, { "date": "2024-11-29", "close": 10.02, "volume": 12205905, "typical_volume": 22790465.6, "trend": 7.803667, "fair_value": 12.760128, "relative_strength": 8.944539, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.252022, "energy": 46.6951, "activity_lines": [ 9.79, 9.655273, 8.911381, 8.364602 ] }, { "date": "2024-12-06", "close": 10.32, "volume": 16449705, "typical_volume": 23173055.9, "trend": 7.893, "fair_value": 12.771859, "relative_strength": 10.336127, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.369935, "energy": 46.829652, "activity_lines": [ 9.969333, 9.822182, 9.108143, 8.526946 ] }, { "date": "2024-12-13", "close": 10.42, "volume": 15135650, "typical_volume": 23326440.0, "trend": 7.974, "fair_value": 12.781923, "relative_strength": 12.390638, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.696146, "energy": 49.798078, "activity_lines": [ 10.141333, 9.972364, 9.297238, 8.689978 ] }, { "date": "2024-12-20", "close": 9.53, "volume": 14972005, "typical_volume": 23196458.45, "trend": 8.048, "fair_value": 12.784423, "relative_strength": 4.301739, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.822223, "energy": 41.934104, "activity_lines": [ 9.988, 9.935273, 9.384, 8.790366 ] }, { "date": "2024-12-27", "close": 8.53, "volume": 19549262, "typical_volume": 23722458.15, "trend": 8.095, "fair_value": 12.773782, "relative_strength": -6.578817, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.009857, "energy": 22.873423, "activity_lines": [ 9.512667, 9.693273, 9.362905, 8.821462 ] }, { "date": "2025-01-03", "close": 7.58, "volume": 14192776, "typical_volume": 23935301.95, "trend": 8.131667, "fair_value": 12.717179, "relative_strength": -11.056271, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.712703, "energy": 13.646733, "activity_lines": [ 8.784667, 9.282182, 9.243714, 8.788237 ] }, { "date": "2025-01-10", "close": 7.62, "volume": 13372288, "typical_volume": 23712071.35, "trend": 8.169333, "fair_value": 12.645192, "relative_strength": -8.320187, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -10.163535, "energy": 28.202913, "activity_lines": [ 8.232667, 8.935091, 9.125238, 8.755226 ] }, { "date": "2025-01-17", "close": 8.11, "volume": 12738841, "typical_volume": 23662544.4, "trend": 8.233, "fair_value": 12.573141, "relative_strength": -3.516605, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.399579, "energy": 33.734019, "activity_lines": [ 8.024, 8.715091, 9.050333, 8.751398 ] }, { "date": "2025-01-24", "close": 8.22, "volume": 14895400, "typical_volume": 23615361.45, "trend": 8.295333, "fair_value": 12.528013, "relative_strength": -1.544758, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.927629, "energy": 43.282166, "activity_lines": [ 8.006, 8.549273, 8.980571, 8.750559 ] }, { "date": "2025-01-31", "close": 8.07, "volume": 2083300, "typical_volume": 20638081.95, "trend": 8.340333, "fair_value": 12.470321, "relative_strength": -2.458791, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.996323, "energy": 46.901919, "activity_lines": [ 8.025333, 8.383091, 8.894, 8.736022 ] }, { "date": "2025-02-07", "close": 8.73, "volume": 8631840, "typical_volume": 19836151.9, "trend": 8.407, "fair_value": 12.400769, "relative_strength": 3.960454, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.044407, "energy": 16.703831, "activity_lines": [ 8.295333, 8.362727, 8.868048, 8.761161 ] }, { "date": "2025-02-14", "close": 8.7, "volume": 8931140, "typical_volume": 18130771.05, "trend": 8.473333, "fair_value": 12.331026, "relative_strength": 1.824064, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.060138, "energy": 5.552358, "activity_lines": [ 8.478667, 8.360364, 8.834, 8.780065 ] }, { "date": "2025-02-21", "close": 8.91, "volume": 10807014, "typical_volume": 18009488.15, "trend": 8.546, "fair_value": 12.236282, "relative_strength": 3.157379, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.278909, "energy": 11.218773, "activity_lines": [ 8.66, 8.425636, 8.818524, 8.808237 ] }, { "date": "2025-02-28", "close": 9.02, "volume": 16028174, "typical_volume": 17253027.5, "trend": 8.617333, "fair_value": 12.199295, "relative_strength": 6.042394, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.985054, "energy": 15.045269, "activity_lines": [ 8.824667, 8.538364, 8.814048, 8.838817 ] }, { "date": "2025-03-07", "close": 9.5, "volume": 51450867, "typical_volume": 18680006.2, "trend": 8.703, "fair_value": 12.151218, "relative_strength": 9.615631, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.781811, "energy": 26.480137, "activity_lines": [ 9.096, 8.747636, 8.851667, 8.895763 ] }, { "date": "2025-03-14", "close": 9.52, "volume": 21061650, "typical_volume": 17220249.9, "trend": 8.789333, "fair_value": 12.105577, "relative_strength": 8.213081, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.89707, "energy": 32.410649, "activity_lines": [ 9.278667, 8.942909, 8.887524, 8.948473 ] }, { "date": "2025-03-21", "close": 9.52, "volume": 21229316, "typical_volume": 16349133.4, "trend": 8.874333, "fair_value": 12.058526, "relative_strength": 9.902158, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.944895, "energy": 38.878874, "activity_lines": [ 9.408667, 9.102909, 8.929, 8.995613 ] }, { "date": "2025-03-28", "close": 9.18, "volume": 16319542, "typical_volume": 16127065.95, "trend": 8.947333, "fair_value": 11.995256, "relative_strength": 6.412473, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.827679, "energy": 34.048601, "activity_lines": [ 9.370667, 9.166545, 8.939, 9.015333 ] }, { "date": "2025-04-04", "close": 9.33, "volume": 8016337, "typical_volume": 15570780.6, "trend": 9.002, "fair_value": 11.937628, "relative_strength": 8.481558, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.327693, "energy": 28.790269, "activity_lines": [ 9.364667, 9.238, 8.967143, 9.040022 ] }, { "date": "2025-04-11", "close": 8.55, "volume": 14243300, "typical_volume": 15615715.6, "trend": 9.033667, "fair_value": 11.884295, "relative_strength": 2.577475, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.078857, "energy": 7.827956, "activity_lines": [ 9.078, 9.147455, 8.922762, 9.01086 ] }, { "date": "2025-04-18", "close": 8.69, "volume": 9899700, "typical_volume": 15500405.35, "trend": 9.069, "fair_value": 11.831667, "relative_strength": 2.609583, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.717385, "energy": 13.175759, "activity_lines": [ 8.901333, 9.073636, 8.89619, 8.988688 ] }, { "date": "2025-04-25", "close": 8.75, "volume": 8127605, "typical_volume": 15084300.35, "trend": 9.080667, "fair_value": 11.7775, "relative_strength": 2.417171, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.425217, "energy": 22.618772, "activity_lines": [ 8.8, 9.011455, 8.881667, 8.968108 ] }, { "date": "2025-05-02", "close": 9.26, "volume": 8023800, "typical_volume": 14728707.85, "trend": 9.088667, "fair_value": 11.726923, "relative_strength": 8.499675, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.845532, "energy": 17.134974, "activity_lines": [ 8.92, 9.041091, 8.92319, 8.979677 ] }, { "date": "2025-05-09", "close": 10.03, "volume": 15632902, "typical_volume": 14761752.7, "trend": 9.147667, "fair_value": 11.691923, "relative_strength": 14.816076, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.462384, "energy": 19.548991, "activity_lines": [ 9.291333, 9.204364, 9.043571, 9.040409 ] }, { "date": "2025-05-16", "close": 10.12, "volume": 10334155, "typical_volume": 14300997.35, "trend": 9.194, "fair_value": 11.67109, "relative_strength": 14.57254, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.234536, "energy": 45.057838, "activity_lines": [ 9.646, 9.365636, 9.170143, 9.10314 ] }, { "date": "2025-05-23", "close": 10.13, "volume": 13414311, "typical_volume": 14262074.1, "trend": 9.175, "fair_value": 11.654423, "relative_strength": 14.785192, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.226696, "energy": 54.236467, "activity_lines": [ 9.899333, 9.517455, 9.290095, 9.163527 ] }, { "date": "2025-05-30", "close": 10.07, "volume": 10264707, "typical_volume": 14106695.05, "trend": 9.187, "fair_value": 11.639038, "relative_strength": 13.554154, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.911431, "energy": 67.676232, "activity_lines": [ 10.036667, 9.647273, 9.39219, 9.221269 ] }, { "date": "2025-06-06", "close": 10.35, "volume": 9115000, "typical_volume": 13925503.0, "trend": 9.199, "fair_value": 11.614103, "relative_strength": 14.629105, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.474151, "energy": 74.528946, "activity_lines": [ 10.179333, 9.818, 9.509286, 9.296301 ] }, { "date": "2025-06-13", "close": 10.01, "volume": 11492953, "typical_volume": 13755380.65, "trend": 9.209333, "fair_value": 11.581987, "relative_strength": 10.481521, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.069115, "energy": 62.494896, "activity_lines": [ 10.136, 9.905636, 9.583333, 9.348624 ] }, { "date": "2025-06-20", "close": 9.65, "volume": 12689967, "typical_volume": 14285714.0, "trend": 9.214667, "fair_value": 11.547308, "relative_strength": 6.436756, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.775111, "energy": 37.300963, "activity_lines": [ 9.974, 9.915455, 9.614571, 9.377054 ] }, { "date": "2025-06-27", "close": 10.75, "volume": 17286750, "typical_volume": 14718459.5, "trend": 9.239, "fair_value": 11.512821, "relative_strength": 15.519007, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.001349, "energy": 45.789621, "activity_lines": [ 10.21, 10.105273, 9.743048, 9.476108 ] }, { "date": "2025-07-04", "close": 11.95, "volume": 70906896, "typical_volume": 17817247.3, "trend": 9.293333, "fair_value": 11.488526, "relative_strength": 25.601505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.060887, "energy": 55.224422, "activity_lines": [ 10.804667, 10.475818, 9.97619, 9.651011 ] }, { "date": "2025-07-11", "close": 10.9, "volume": 47576243, "typical_volume": 19655708.75, "trend": 9.309333, "fair_value": 11.450897, "relative_strength": 12.665361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.14376, "energy": 59.062435, "activity_lines": [ 10.924, 10.597273, 10.093857, 9.754667 ] }, { "date": "2025-07-18", "close": 11.03, "volume": 20078393, "typical_volume": 19858219.7, "trend": 9.359333, "fair_value": 11.412949, "relative_strength": 12.541314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.001285, "energy": 69.081906, "activity_lines": [ 11.05, 10.712545, 10.214429, 9.865677 ] }, { "date": "2025-07-25", "close": 11.21, "volume": 17994791, "typical_volume": 18185415.9, "trend": 9.448667, "fair_value": 11.365897, "relative_strength": 11.880526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.251699, "energy": 66.90306, "activity_lines": [ 11.168, 10.842364, 10.342571, 9.985075 ] }, { "date": "2025-08-01", "close": 11.36, "volume": 13929700, "typical_volume": 17828818.4, "trend": 9.574667, "fair_value": 11.309744, "relative_strength": 13.804954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.363963, "energy": 54.539334, "activity_lines": [ 11.232, 10.979636, 10.476857, 10.108387 ] }, { "date": "2025-08-08", "close": 11.68, "volume": 13032205, "typical_volume": 17418962.85, "trend": 9.71, "fair_value": 11.243846, "relative_strength": 13.971914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.946239, "energy": 56.833579, "activity_lines": [ 11.362, 11.152727, 10.632857, 10.244215 ] }, { "date": "2025-08-15", "close": 11.25, "volume": 13874550, "typical_volume": 17296713.25, "trend": 9.814667, "fair_value": 11.185897, "relative_strength": 7.478903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.854096, "energy": 46.699393, "activity_lines": [ 11.366667, 11.218364, 10.737619, 10.34357 ] }, { "date": "2025-08-22", "close": 11.56, "volume": 17602500, "typical_volume": 17776021.4, "trend": 9.926, "fair_value": 11.137051, "relative_strength": 6.298406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.880568, "energy": 47.062688, "activity_lines": [ 11.451333, 11.324, 10.862048, 10.456172 ] }, { "date": "2025-08-29", "close": 10.66, "volume": 22766823, "typical_volume": 18202197.55, "trend": 10.012333, "fair_value": 11.087628, "relative_strength": -2.994117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.091772, "energy": 31.115367, "activity_lines": [ 11.200667, 11.237818, 10.890143, 10.503527 ] }, { "date": "2025-09-05", "close": 11.42, "volume": 19368824, "typical_volume": 18675653.75, "trend": 10.102, "fair_value": 11.038654, "relative_strength": 5.007315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.706241, "energy": 28.177254, "activity_lines": [ 11.24, 11.271455, 10.980571, 10.594344 ] }, { "date": "2025-09-12", "close": 11.34, "volume": 18207624, "typical_volume": 19179654.7, "trend": 10.19, "fair_value": 10.968397, "relative_strength": 2.624478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.14995, "energy": 25.392133, "activity_lines": [ 11.248667, 11.278364, 11.050381, 10.674215 ] }, { "date": "2025-09-19", "close": 11.1, "volume": 14677680, "typical_volume": 19512348.7, "trend": 10.263, "fair_value": 10.906218, "relative_strength": 1.700017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.418149, "energy": 19.377873, "activity_lines": [ 11.2, 11.252727, 11.085, 10.732925 ] }, { "date": "2025-09-26", "close": 10.95, "volume": 15253974, "typical_volume": 19493402.3, "trend": 10.327333, "fair_value": 10.848205, "relative_strength": 0.021473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.51058, "energy": 19.652169, "activity_lines": [ 11.111333, 11.196182, 11.096571, 10.777247 ] }, { "date": "2025-10-03", "close": 11.4, "volume": 7524976, "typical_volume": 19352943.35, "trend": 10.390667, "fair_value": 10.798013, "relative_strength": 2.505386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.951862, "energy": 22.596829, "activity_lines": [ 11.213333, 11.222909, 11.146619, 10.846452 ] }, { "date": "2025-10-10", "close": 11.25, "volume": 6394290, "typical_volume": 19001942.3, "trend": 10.448333, "fair_value": 10.749551, "relative_strength": 0.570777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.060117, "energy": 20.321678, "activity_lines": [ 11.216, 11.218909, 11.176286, 10.901892 ] }, { "date": "2025-10-17", "close": 11.15, "volume": 15082501, "typical_volume": 19242832.0, "trend": 10.502667, "fair_value": 10.705385, "relative_strength": 1.009826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.235036, "energy": 17.818666, "activity_lines": [ 11.196667, 11.198727, 11.191095, 10.947161 ] }, { "date": "2025-10-24", "close": 11.93, "volume": 14148380, "typical_volume": 19494501.0, "trend": 10.594333, "fair_value": 10.670962, "relative_strength": 5.208004, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.631044, "energy": 37.438548, "activity_lines": [ 11.45, 11.33, 11.275048, 11.039247 ] }, { "date": "2025-10-31", "close": 12.55, "volume": 24941916, "typical_volume": 20166949.15, "trend": 10.701667, "fair_value": 10.633782, "relative_strength": 10.398135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.018005, "energy": 56.105396, "activity_lines": [ 11.854667, 11.561636, 11.410524, 11.165419 ] }, { "date": "2025-11-07", "close": 12.89, "volume": 16478600, "typical_volume": 20356380.8, "trend": 10.846333, "fair_value": 10.593974, "relative_strength": 11.928296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.502497, "energy": 71.296868, "activity_lines": [ 12.266, 11.837091, 11.566286, 11.306602 ] }, { "date": "2025-11-14", "close": 13.42, "volume": 16080578, "typical_volume": 20296072.2, "trend": 11.004, "fair_value": 10.568205, "relative_strength": 16.386576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.857115, "energy": 81.832713, "activity_lines": [ 12.754667, 12.168364, 11.757095, 11.472645 ] }, { "date": "2025-11-21", "close": 11.86, "volume": 18729100, "typical_volume": 17687182.4, "trend": 11.107667, "fair_value": 10.528718, "relative_strength": 6.896959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.420433, "energy": 65.417276, "activity_lines": [ 12.578667, 12.179636, 11.786619, 11.527871 ] }, { "date": "2025-11-28", "close": 12.52, "volume": 12180276, "typical_volume": 15917384.05, "trend": 11.216333, "fair_value": 10.500833, "relative_strength": 11.133947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.79591, "energy": 56.923844, "activity_lines": [ 12.575333, 12.301455, 11.879429, 11.618989 ] }, { "date": "2025-12-05", "close": 12.02, "volume": 13552432, "typical_volume": 15591086.0, "trend": 11.282667, "fair_value": 10.464231, "relative_strength": 6.273172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.748073, "energy": 35.401679, "activity_lines": [ 12.366, 12.306545, 11.916905, 11.670839 ] }, { "date": "2025-12-12", "close": 11.14, "volume": 11563700, "typical_volume": 15269531.45, "trend": 11.316667, "fair_value": 10.427115, "relative_strength": -1.029836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.327169, "energy": 15.33778, "activity_lines": [ 11.898667, 12.132182, 11.865857, 11.661634 ] }, { "date": "2025-12-19", "close": 11.67, "volume": 12333901, "typical_volume": 15189741.5, "trend": 11.368, "fair_value": 10.397244, "relative_strength": 3.532378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.755605, "energy": 17.628314, "activity_lines": [ 11.724667, 12.058909, 11.865619, 11.68443 ] }, { "date": "2025-12-26", "close": 11.6, "volume": 11874241, "typical_volume": 15131843.3, "trend": 11.419, "fair_value": 10.372628, "relative_strength": 0.730646, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.98993, "energy": 18.413065, "activity_lines": [ 11.644, 11.965273, 11.857238, 11.699398 ] }, { "date": "2026-01-02", "close": 11.62, "volume": 6018896, "typical_volume": 14739060.6, "trend": 11.461333, "fair_value": 10.358846, "relative_strength": 0.395989, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.261008, "energy": 18.448185, "activity_lines": [ 11.587333, 11.867091, 11.851143, 11.712366 ] }, { "date": "2026-01-09", "close": 12.05, "volume": 14804407, "typical_volume": 14599155.95, "trend": 11.529333, "fair_value": 10.336923, "relative_strength": -0.061368, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.797652, "energy": 10.30571, "activity_lines": [ 11.734, 11.852727, 11.884238, 11.750344 ] }, { "date": "2026-01-16", "close": 12.86, "volume": 16967983, "typical_volume": 14309213.95, "trend": 11.636333, "fair_value": 10.321154, "relative_strength": 6.693708, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.119099, "energy": 27.503609, "activity_lines": [ 12.148667, 11.994727, 11.992143, 11.836194 ] }, { "date": "2026-01-23", "close": 13.6, "volume": 18006883, "typical_volume": 14241116.9, "trend": 11.731333, "fair_value": 10.309167, "relative_strength": 11.344349, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.185549, "energy": 59.202736, "activity_lines": [ 12.695333, 12.271818, 12.160048, 11.962882 ] }, { "date": "2026-01-30", "close": 13.44, "volume": 13148512, "typical_volume": 13988161.3, "trend": 11.781, "fair_value": 10.30109, "relative_strength": 9.961788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.292703, "energy": 70.677227, "activity_lines": [ 13.06, 12.516545, 12.302333, 12.073118 ] }, { "date": "2026-02-06", "close": 13.91, "volume": 13725913, "typical_volume": 13940572.95, "trend": 11.881333, "fair_value": 10.296923, "relative_strength": 14.694221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.983765, "energy": 78.628597, "activity_lines": [ 13.458667, 12.818, 12.479381, 12.210473 ] }, { "date": "2026-02-13", "close": 14.08, "volume": 9692900, "typical_volume": 13662519.25, "trend": 11.983, "fair_value": 10.282372, "relative_strength": 14.997065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.675016, "energy": 80.97977, "activity_lines": [ 13.761333, 13.125091, 12.659238, 12.352323 ] }, { "date": "2026-02-27", "close": 14.3, "volume": 6981200, "typical_volume": 13635330.45, "trend": 12.086, "fair_value": 10.274103, "relative_strength": 13.943522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.181455, "energy": 84.491899, "activity_lines": [ 14.002, 13.434727, 12.845143, 12.501806 ] }, { "date": "2026-03-06", "close": 13.98, "volume": 15286879, "typical_volume": 14079959.9, "trend": 12.173333, "fair_value": 10.262051, "relative_strength": 11.957591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.47192, "energy": 75.566366, "activity_lines": [ 14.04, 13.628727, 12.986762, 12.624 ] }, { "date": "2026-03-13", "close": 15.51, "volume": 18170570, "typical_volume": 14234363.35, "trend": 12.301, "fair_value": 10.267051, "relative_strength": 24.316162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.683496, "energy": 85.005301, "activity_lines": [ 14.562667, 14.058909, 13.261095, 12.839269 ] }, { "date": "2026-03-20", "close": 13.64, "volume": 50561838, "typical_volume": 16055036.25, "trend": 12.380667, "fair_value": 10.264615, "relative_strength": 12.679726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.196415, "energy": 51.962858, "activity_lines": [ 14.324, 14.078, 13.336571, 12.925656 ] }, { "date": "2026-03-27", "close": 13.87, "volume": 28166154, "typical_volume": 16216248.15, "trend": 12.457667, "fair_value": 10.265385, "relative_strength": 15.330119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.758754, "energy": 43.25046, "activity_lines": [ 14.18, 14.102182, 13.42581, 13.021742 ] }, { "date": "2026-04-03", "close": 12.11, "volume": 21311295, "typical_volume": 16457882.9, "trend": 12.506, "fair_value": 10.261538, "relative_strength": 1.326145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.946822, "energy": 14.766807, "activity_lines": [ 13.463333, 13.773273, 13.341143, 12.999312 ] }, { "date": "2026-04-10", "close": 13.65, "volume": 14260600, "typical_volume": 16366884.0, "trend": 12.580333, "fair_value": 10.263654, "relative_strength": 10.733497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.556112, "energy": 21.601462, "activity_lines": [ 13.406, 13.738, 13.406857, 13.073118 ] }, { "date": "2026-04-17", "close": 14.79, "volume": 31637810, "typical_volume": 17012319.5, "trend": 12.695333, "fair_value": 10.276731, "relative_strength": 17.313682, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.515314, "energy": 22.945225, "activity_lines": [ 13.750667, 13.909091, 13.580048, 13.215677 ] }, { "date": "2026-04-24", "close": 14.28, "volume": 20729912, "typical_volume": 17439801.3, "trend": 12.801333, "fair_value": 10.289679, "relative_strength": 11.891435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.77152, "energy": 23.192692, "activity_lines": [ 13.973333, 13.962909, 13.690714, 13.317914 ] }, { "date": "2026-05-01", "close": 14.77, "volume": 13689598, "typical_volume": 17446659.6, "trend": 12.928667, "fair_value": 10.307372, "relative_strength": 14.165806, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.770657, "energy": 38.482764, "activity_lines": [ 14.316667, 14.099091, 13.839667, 13.444925 ] }, { "date": "2026-05-08", "close": 14.85, "volume": 12093873, "typical_volume": 17473168.25, "trend": 13.043667, "fair_value": 10.331987, "relative_strength": 12.421779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.602993, "energy": 54.15658, "activity_lines": [ 14.626667, 14.237273, 13.983143, 13.568882 ] }, { "date": "2026-05-15", "close": 15.36, "volume": 24258601, "typical_volume": 18069403.25, "trend": 13.180667, "fair_value": 10.356923, "relative_strength": 17.027986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.705028, "energy": 60.276376, "activity_lines": [ 14.924, 14.458182, 14.157524, 13.718323 ] }, { "date": "2026-05-22", "close": 16.66, "volume": 53411740, "typical_volume": 20146278.2, "trend": 13.364333, "fair_value": 10.389423, "relative_strength": 26.823434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.149653, "energy": 70.028405, "activity_lines": [ 15.540667, 14.890364, 14.438143, 13.942796 ] }, { "date": "2026-05-29", "close": 14.53, "volume": 25151984, "typical_volume": 21102932.6, "trend": 13.451, "fair_value": 10.408141, "relative_strength": 11.447739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.989309, "energy": 44.238713, "activity_lines": [ 15.322667, 14.914364, 14.49181, 14.018 ] }, { "date": "2026-06-05", "close": 15.0, "volume": 3607200, "typical_volume": 20543072.25, "trend": 13.532667, "fair_value": 10.425897, "relative_strength": 15.721911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.292673, "energy": 36.062091, "activity_lines": [ 15.244667, 15.007636, 14.576381, 14.117935 ] }, { "date": "2026-06-12", "close": 15.34, "volume": 7309700, "typical_volume": 20060158.1, "trend": 13.614333, "fair_value": 10.445513, "relative_strength": 17.708128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.498625, "energy": 34.061369, "activity_lines": [ 15.264667, 15.142182, 14.679286, 14.234538 ] }, { "date": "2026-06-19", "close": 14.47, "volume": 21198047, "typical_volume": 20219716.3, "trend": 13.649333, "fair_value": 10.461282, "relative_strength": 9.059779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.924243, "energy": 17.974228, "activity_lines": [ 14.962, 15.059818, 14.687524, 14.289742 ] }, { "date": "2026-06-26", "close": 13.71, "volume": 2895700, "typical_volume": 19707075.7, "trend": 13.711, "fair_value": 10.474936, "relative_strength": 4.623582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.464891, "energy": 12.771852, "activity_lines": [ 14.465333, 14.824364, 14.619238, 14.293656 ] }, { "date": "2026-07-03", "close": 13.6, "volume": 2664700, "typical_volume": 19154015.05, "trend": 13.747, "fair_value": 10.487949, "relative_strength": 3.227185, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.153389, "energy": 14.389454, "activity_lines": [ 14.128667, 14.588545, 14.53919, 14.286495 ] }, { "date": "2026-07-10", "close": 12.41, "volume": 11228900, "typical_volume": 19230815.05, "trend": 13.76, "fair_value": 10.495192, "relative_strength": -4.49659, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.3109, "energy": 30.062616, "activity_lines": [ 13.457333, 14.148727, 14.347286, 14.200237 ] }, { "date": "2026-07-17", "close": 11.03, "volume": 14841541, "typical_volume": 19623832.1, "trend": 13.756333, "fair_value": 10.487628, "relative_strength": -9.791414, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.728063, "energy": 59.397834, "activity_lines": [ 12.498667, 13.500909, 14.031905, 14.024108 ] }, { "date": "2026-07-24", "close": 10.2, "volume": 14606150, "typical_volume": 19589795.65, "trend": 13.707333, "fair_value": 10.473333, "relative_strength": -17.455863, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.860216, "energy": 72.924243, "activity_lines": [ 11.550667, 12.771636, 13.653048, 13.794667 ] }, { "date": "2026-07-31", "close": 11.37, "volume": 22478152, "typical_volume": 19805174.75, "trend": 13.699667, "fair_value": 10.465641, "relative_strength": -8.338322, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.199084, "energy": 76.73111, "activity_lines": [ 11.277333, 12.348909, 13.403619, 13.643871 ] }, { "date": "2026-08-07", "close": 12.19, "volume": 11270301, "typical_volume": 17840597.9, "trend": 13.718667, "fair_value": 10.464551, "relative_strength": -4.360625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.509427, "energy": 70.399673, "activity_lines": [ 11.433333, 12.171455, 13.252, 13.546473 ] } ], "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." } } }