{ "ticker": { "uuid": "fd207f7d-9f9e-4420-994c-77acf9655f60", "symbol": "603038", "name": "Dongguan Huali Industries Co.,Ltd", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.428, "architecture_energy": 74.592, "architecture_maturity": 24.689, "architecture_confidence": 85.84, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 10.13, "rotation_up": 9.16, "upward_expansion": 17.18, "deceleration": 37.21, "rotation_down": 73.2, "downward_expansion": 90.51 }, "activity_lines": [ 12.968667, 13.73025, 14.641572, 15.089982 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.69, "trend_reference": 15.801172, "distance_from_trend": -0.133609, "trend_direction": "Weakening", "fair_value": 13.709525, "distance_from_fair_value": -0.001424, "fair_value_direction": "Weakening", "relative_strength": -16.310648, "relative_strength_direction": "Weakening", "price_momentum": -0.203143, "excess_performance": -0.159939, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133609, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.066516, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.001424, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.254602, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.163106, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.089263, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.203143, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.554139, "read": "Supply-led" } ], "volume": { "latest": 21391187, "relative_activity": 0.984757, "balance": 0.554139, "dry_up": 1.233596, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.110127, "annualized_volatility": 0.442521, "from_high_reference": -0.414457, "from_low_reference": 0.220143 }, "levels": { "trend_reference": 15.801172, "fair_value_reference": 13.709525, "structural_low": 11.22, "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": 23, "median_return": 0.005974, "positive_rate": 0.521739, "directional_follow_through": 0.478261, "median_excess_return": -0.004564, "regime_survival": 0.782609, "best_return": 0.901299, "worst_return": -0.182952, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.001799, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.025214, "regime_survival": 0.555556, "best_return": 1.436025, "worst_return": -0.137461, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.05007, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.006106, "regime_survival": 0.4, "best_return": 1.440407, "worst_return": -0.240798, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.216722, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.121949, "regime_survival": 0.5, "best_return": 0.717369, "worst_return": -0.314849, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": 0.609973, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-06", "tenure": "Developing", "return": -0.326531, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-03-21", "tenure": "Established", "return": -0.221119, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": 0.058989, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-11", "tenure": "Established", "return": 0.109195, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.007586, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": -0.044931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": 0.044212, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": -0.090282, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.221739, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.164522, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": 0.086231, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-19", "tenure": "Developing", "return": -0.095768, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.051282, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.486873, "volume": 37370160, "typical_volume": 30544347.95, "trend": 8.24379, "fair_value": 10.079948, "relative_strength": 15.845353, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.889048, "energy": 62.877067, "activity_lines": [ 9.177188, 9.025092, 8.70725, 8.511716 ] }, { "date": "2023-08-04", "close": 11.063062, "volume": 62703861, "typical_volume": 32979715.55, "trend": 8.376993, "fair_value": 10.073305, "relative_strength": 33.573859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.273185, "energy": 82.945274, "activity_lines": [ 9.843746, 9.418129, 8.956942, 8.693604 ] }, { "date": "2023-08-11", "close": 9.724789, "volume": 92943908, "typical_volume": 37077693.85, "trend": 8.450761, "fair_value": 10.062959, "relative_strength": 20.543737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.571992, "energy": 65.735306, "activity_lines": [ 9.906529, 9.518011, 9.064622, 8.780559 ] }, { "date": "2023-08-18", "close": 9.784267, "volume": 37461519, "typical_volume": 38475070.1, "trend": 8.528818, "fair_value": 10.051119, "relative_strength": 22.861983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.822106, "energy": 59.804139, "activity_lines": [ 9.93693, 9.609316, 9.170912, 8.866591 ] }, { "date": "2023-08-25", "close": 8.941651, "volume": 31831894, "typical_volume": 39423140.95, "trend": 8.567586, "fair_value": 10.033378, "relative_strength": 14.409713, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.910907, "energy": 38.92751, "activity_lines": [ 9.642179, 9.534852, 9.187777, 8.893226 ] }, { "date": "2023-09-01", "close": 9.427395, "volume": 24388140, "typical_volume": 40058878.75, "trend": 8.614639, "fair_value": 10.017125, "relative_strength": 17.489109, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.336096, "energy": 21.610181, "activity_lines": [ 9.517935, 9.547867, 9.244801, 8.948697 ] }, { "date": "2023-09-08", "close": 9.853659, "volume": 34525622, "typical_volume": 39957577.1, "trend": 8.672276, "fair_value": 10.003855, "relative_strength": 22.779267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.131544, "energy": 23.505346, "activity_lines": [ 9.539743, 9.625657, 9.333065, 9.028634 ] }, { "date": "2023-09-15", "close": 9.863572, "volume": 23660918, "typical_volume": 39503915.05, "trend": 8.731891, "fair_value": 9.991962, "relative_strength": 22.27638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.639819, "energy": 22.644932, "activity_lines": [ 9.645483, 9.684235, 9.411497, 9.105492 ] }, { "date": "2023-09-22", "close": 10.289837, "volume": 30203743, "typical_volume": 40319932.35, "trend": 8.803738, "fair_value": 9.985487, "relative_strength": 26.203101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.671483, "energy": 37.397229, "activity_lines": [ 9.884059, 9.803553, 9.52295, 9.206004 ] }, { "date": "2023-09-29", "close": 9.704963, "volume": 24723711, "typical_volume": 40287108.8, "trend": 8.854771, "fair_value": 9.979076, "relative_strength": 19.290605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.8087, "energy": 34.786083, "activity_lines": [ 9.893973, 9.795262, 9.568437, 9.264148 ] }, { "date": "2023-10-13", "close": 9.149826, "volume": 17725916, "typical_volume": 40154790.8, "trend": 8.887629, "fair_value": 9.96542, "relative_strength": 12.823122, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.262929, "energy": 20.134435, "activity_lines": [ 9.667953, 9.674502, 9.554799, 9.283184 ] }, { "date": "2023-10-20", "close": 9.07052, "volume": 12582990, "typical_volume": 39478331.5, "trend": 8.923115, "fair_value": 9.956879, "relative_strength": 15.200673, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.087279, "energy": 11.033979, "activity_lines": [ 9.434003, 9.545451, 9.529056, 9.294983 ] }, { "date": "2023-10-27", "close": 9.724789, "volume": 17567168, "typical_volume": 39231671.15, "trend": 8.972503, "fair_value": 9.95447, "relative_strength": 21.316764, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.450307, "energy": 16.329691, "activity_lines": [ 9.470351, 9.571585, 9.56206, 9.346704 ] }, { "date": "2023-11-03", "close": 9.893312, "volume": 17796120, "typical_volume": 33125880.2, "trend": 9.040357, "fair_value": 9.951329, "relative_strength": 22.108095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.105652, "energy": 16.499021, "activity_lines": [ 9.572126, 9.628361, 9.606035, 9.406111 ] }, { "date": "2023-11-10", "close": 10.01227, "volume": 22881228, "typical_volume": 31488671.8, "trend": 9.118766, "fair_value": 9.950325, "relative_strength": 22.476576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.673711, "energy": 23.533094, "activity_lines": [ 9.739989, 9.704782, 9.65753, 9.468815 ] }, { "date": "2023-11-17", "close": 10.180793, "volume": 13546884, "typical_volume": 31057755.3, "trend": 9.209382, "fair_value": 9.951464, "relative_strength": 23.154697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.977801, "energy": 48.922439, "activity_lines": [ 9.943539, 9.792378, 9.719756, 9.537333 ] }, { "date": "2023-11-24", "close": 10.349316, "volume": 17710943, "typical_volume": 30608346.55, "trend": 9.301332, "fair_value": 9.954246, "relative_strength": 24.951737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.27002, "energy": 60.002335, "activity_lines": [ 10.134532, 9.896917, 9.791112, 9.610877 ] }, { "date": "2023-12-01", "close": 10.279924, "volume": 19063957, "typical_volume": 30159113.0, "trend": 9.368236, "fair_value": 9.957395, "relative_strength": 23.761152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.047405, "energy": 62.086164, "activity_lines": [ 10.217141, 9.979826, 9.847995, 9.674012 ] }, { "date": "2023-12-08", "close": 12.619425, "volume": 69001502, "typical_volume": 31608129.35, "trend": 9.517736, "fair_value": 9.973229, "relative_strength": 53.205674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.820222, "energy": 86.574317, "activity_lines": [ 11.042575, 10.48053, 10.121314, 9.883766 ] }, { "date": "2023-12-15", "close": 12.094028, "volume": 168292095, "typical_volume": 38799113.95, "trend": 9.641156, "fair_value": 9.98307, "relative_strength": 46.531472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.701542, "energy": 84.547883, "activity_lines": [ 11.511136, 10.843351, 10.327932, 10.049979 ] }, { "date": "2023-12-22", "close": 11.439761, "volume": 80877800, "typical_volume": 40974495.95, "trend": 9.749357, "fair_value": 9.990717, "relative_strength": 38.516315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.420157, "energy": 77.068192, "activity_lines": [ 11.622824, 11.043776, 10.457841, 10.166018 ] }, { "date": "2023-12-29", "close": 11.449675, "volume": 28616673, "typical_volume": 39270136.55, "trend": 9.853605, "fair_value": 9.99799, "relative_strength": 34.509604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.055242, "energy": 74.590487, "activity_lines": [ 11.653885, 11.204369, 10.579395, 10.275716 ] }, { "date": "2024-01-05", "close": 12.411249, "volume": 61748443, "typical_volume": 37710363.3, "trend": 9.978705, "fair_value": 10.007802, "relative_strength": 46.28509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.677218, "energy": 57.35411, "activity_lines": [ 11.932114, 11.496537, 10.790687, 10.440725 ] }, { "date": "2024-01-12", "close": 14.631792, "volume": 70826698, "typical_volume": 39378622.25, "trend": 10.163326, "fair_value": 10.036848, "relative_strength": 72.094941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.539816, "energy": 71.429161, "activity_lines": [ 12.808435, 12.143594, 11.200666, 10.740924 ] }, { "date": "2024-01-19", "close": 16.009718, "volume": 275844502, "typical_volume": 51579252.65, "trend": 10.400467, "fair_value": 10.06779, "relative_strength": 87.602409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.952213, "energy": 78.822958, "activity_lines": [ 14.009908, 12.95503, 11.718793, 11.118111 ] }, { "date": "2024-01-26", "close": 12.103942, "volume": 187568628, "typical_volume": 59738277.05, "trend": 10.513016, "fair_value": 10.089569, "relative_strength": 36.442137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.792231, "energy": 51.500882, "activity_lines": [ 13.648409, 12.947279, 11.831283, 11.228013 ] }, { "date": "2024-02-02", "close": 9.794181, "volume": 77988490, "typical_volume": 61911420.45, "trend": 10.549562, "fair_value": 10.097167, "relative_strength": 16.799389, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.977644, "energy": 26.654565, "activity_lines": [ 12.472711, 12.484606, 11.711051, 11.181636 ] }, { "date": "2024-02-09", "close": 8.327035, "volume": 50278262, "typical_volume": 63242287.65, "trend": 10.529074, "fair_value": 10.083861, "relative_strength": -5.666009, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.713143, "energy": 10.761342, "activity_lines": [ 10.91833, 11.765273, 11.451374, 11.038247 ] }, { "date": "2024-02-23", "close": 10.636797, "volume": 75004745, "typical_volume": 65482337.75, "trend": 10.579631, "fair_value": 10.079548, "relative_strength": 14.179991, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.513776, "energy": 19.67264, "activity_lines": [ 10.406151, 11.501403, 11.418991, 11.045197 ] }, { "date": "2024-03-01", "close": 12.470727, "volume": 80173356, "typical_volume": 68254820.0, "trend": 10.692972, "fair_value": 10.087554, "relative_strength": 31.568979, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.920513, "energy": 25.533069, "activity_lines": [ 10.771615, 11.607023, 11.559616, 11.167203 ] }, { "date": "2024-03-08", "close": 12.232813, "volume": 87922913, "typical_volume": 71764669.85, "trend": 10.784503, "fair_value": 10.094472, "relative_strength": 27.062936, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.678352, "energy": 14.319753, "activity_lines": [ 11.293708, 11.662537, 11.664412, 11.266548 ] }, { "date": "2024-03-15", "close": 12.778035, "volume": 56975659, "typical_volume": 73984303.3, "trend": 10.841669, "fair_value": 10.105886, "relative_strength": 30.975244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.721405, "energy": 21.881841, "activity_lines": [ 11.988949, 11.802762, 11.806453, 11.395163 ] }, { "date": "2024-03-22", "close": 14.1857, "volume": 52304494, "typical_volume": 75721169.6, "trend": 10.990366, "fair_value": 10.126697, "relative_strength": 43.87657, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.016587, "energy": 43.202677, "activity_lines": [ 12.954489, 12.174775, 12.064903, 11.610907 ] }, { "date": "2024-03-29", "close": 12.56986, "volume": 58803240, "typical_volume": 77771525.6, "trend": 11.083219, "fair_value": 10.128901, "relative_strength": 26.519663, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.167955, "energy": 39.752676, "activity_lines": [ 12.990837, 12.220736, 12.14822, 11.71281 ] }, { "date": "2024-04-05", "close": 12.440989, "volume": 24256516, "typical_volume": 77840290.0, "trend": 11.199863, "fair_value": 10.133154, "relative_strength": 22.968009, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.578649, "energy": 40.055945, "activity_lines": [ 12.855358, 12.280756, 12.206519, 11.800408 ] }, { "date": "2024-04-12", "close": 11.68759, "volume": 23549008, "typical_volume": 78340396.2, "trend": 11.275203, "fair_value": 10.12989, "relative_strength": 16.429033, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.397101, "energy": 23.018986, "activity_lines": [ 12.470728, 12.26868, 12.1815, 11.831874 ] }, { "date": "2024-04-19", "close": 10.160967, "volume": 32637668, "typical_volume": 79086732.45, "trend": 11.285447, "fair_value": 10.117465, "relative_strength": -0.871637, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.808427, "energy": 6.488909, "activity_lines": [ 11.613572, 11.986606, 12.003913, 11.759988 ] }, { "date": "2024-04-26", "close": 10.656624, "volume": 16926878, "typical_volume": 78979878.5, "trend": 11.311882, "fair_value": 10.108843, "relative_strength": 2.461288, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.148338, "energy": 17.661747, "activity_lines": [ 11.096106, 11.787983, 11.874429, 11.719419 ] }, { "date": "2024-05-03", "close": 11.003584, "volume": 7446229, "typical_volume": 75902114.85, "trend": 11.335674, "fair_value": 10.100194, "relative_strength": 4.502781, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.558646, "energy": 24.786837, "activity_lines": [ 10.929566, 11.610088, 11.776195, 11.699528 ] }, { "date": "2024-05-10", "close": 8.342287, "volume": 18894972, "typical_volume": 68432258.7, "trend": 11.290251, "fair_value": 10.072049, "relative_strength": -22.08933, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.39758, "energy": 59.679214, "activity_lines": [ 9.980344, 10.941651, 11.432198, 11.506407 ] }, { "date": "2024-05-17", "close": 8.761688, "volume": 23643540, "typical_volume": 65570545.7, "trend": 11.277313, "fair_value": 10.043404, "relative_strength": -18.315555, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.802598, "energy": 63.346876, "activity_lines": [ 9.44417, 10.424531, 11.146009, 11.343274 ] }, { "date": "2024-05-24", "close": 8.205028, "volume": 15108256, "typical_volume": 64895124.85, "trend": 11.248463, "fair_value": 10.013379, "relative_strength": -21.932322, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.590496, "energy": 79.458128, "activity_lines": [ 8.917503, 9.869312, 10.819558, 11.145062 ] }, { "date": "2024-05-31", "close": 8.006766, "volume": 13533520, "typical_volume": 62484378.7, "trend": 11.191196, "fair_value": 9.987582, "relative_strength": -23.810316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.173057, "energy": 84.054073, "activity_lines": [ 8.455144, 9.361191, 10.489676, 10.93592 ] }, { "date": "2024-06-07", "close": 7.652493, "volume": 24593616, "typical_volume": 60172724.6, "trend": 11.116502, "fair_value": 9.96064, "relative_strength": -26.299051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.717176, "energy": 85.053565, "activity_lines": [ 8.051352, 8.901001, 10.147027, 10.707616 ] }, { "date": "2024-06-14", "close": 7.81192, "volume": 25595817, "typical_volume": 47660290.35, "trend": 11.043157, "fair_value": 9.934844, "relative_strength": -24.256265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.802865, "energy": 82.225948, "activity_lines": [ 7.924108, 8.559205, 9.852797, 10.494418 ] }, { "date": "2024-06-21", "close": 7.26389, "volume": 16551841, "typical_volume": 39109451.0, "trend": 10.945927, "fair_value": 9.910035, "relative_strength": -28.601648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.111368, "energy": 83.490608, "activity_lines": [ 7.649545, 8.201931, 9.54541, 10.250594 ] }, { "date": "2024-06-28", "close": 7.283818, "volume": 15922710, "typical_volume": 36006162.0, "trend": 10.843744, "fair_value": 9.881801, "relative_strength": -27.556278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.978054, "energy": 85.62029, "activity_lines": [ 7.481477, 7.928712, 9.262969, 10.014329 ] }, { "date": "2024-07-05", "close": 6.865322, "volume": 9323143, "typical_volume": 33958406.05, "trend": 10.729923, "fair_value": 9.84994, "relative_strength": -31.15719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.896507, "energy": 84.958335, "activity_lines": [ 7.235326, 7.631714, 8.952625, 9.757657 ] }, { "date": "2024-07-12", "close": 6.885251, "volume": 11824467, "typical_volume": 30799392.15, "trend": 10.538784, "fair_value": 9.812603, "relative_strength": -31.297763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.833472, "energy": 83.682418, "activity_lines": [ 7.071913, 7.407272, 8.65114, 9.509613 ] }, { "date": "2024-07-19", "close": 6.685967, "volume": 8884797, "typical_volume": 27234964.2, "trend": 10.358516, "fair_value": 9.777325, "relative_strength": -33.321509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.286969, "energy": 86.058749, "activity_lines": [ 6.893222, 7.221476, 8.34854, 9.261044 ] }, { "date": "2024-07-26", "close": 6.685967, "volume": 9130610, "typical_volume": 23295349.05, "trend": 10.200056, "fair_value": 9.743748, "relative_strength": -31.014194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.480711, "energy": 76.678495, "activity_lines": [ 6.789595, 7.065795, 8.073486, 9.024106 ] }, { "date": "2024-08-02", "close": 7.044678, "volume": 10510734, "typical_volume": 20972102.8, "trend": 10.053223, "fair_value": 9.703655, "relative_strength": -27.491856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.137805, "energy": 63.510684, "activity_lines": [ 6.844066, 7.013074, 7.859009, 8.820533 ] }, { "date": "2024-08-09", "close": 7.184176, "volume": 13548215, "typical_volume": 19034288.85, "trend": 9.878987, "fair_value": 9.665275, "relative_strength": -24.774506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.823637, "energy": 68.083426, "activity_lines": [ 6.960979, 7.006814, 7.68512, 8.635433 ] }, { "date": "2024-08-16", "close": 6.974928, "volume": 10814556, "typical_volume": 16634854.65, "trend": 9.623758, "fair_value": 9.600053, "relative_strength": -27.006308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.648513, "energy": 57.013394, "activity_lines": [ 6.986885, 6.977465, 7.524642, 8.448074 ] }, { "date": "2024-08-23", "close": 7.522959, "volume": 10598550, "typical_volume": 15951956.35, "trend": 9.340866, "fair_value": 9.562837, "relative_strength": -20.38899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.163498, "energy": 46.285861, "activity_lines": [ 7.189491, 7.060077, 7.443, 8.312539 ] }, { "date": "2024-08-30", "close": 8.021168, "volume": 119658615, "typical_volume": 20757436.7, "trend": 9.204774, "fair_value": 9.532908, "relative_strength": -14.604024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.008586, "energy": 27.87135, "activity_lines": [ 7.502366, 7.238526, 7.432226, 8.227397 ] }, { "date": "2024-09-06", "close": 7.303747, "volume": 72263702, "typical_volume": 22738738.4, "trend": 9.121759, "fair_value": 9.505998, "relative_strength": -19.964566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.808715, "energy": 24.100249, "activity_lines": [ 7.487088, 7.272767, 7.370586, 8.10475 ] }, { "date": "2024-09-13", "close": 7.333639, "volume": 27275226, "typical_volume": 23256155.8, "trend": 9.088646, "fair_value": 9.476824, "relative_strength": -17.660417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.153373, "energy": 22.553623, "activity_lines": [ 7.464502, 7.31208, 7.325398, 7.989388 ] }, { "date": "2024-09-20", "close": 7.672421, "volume": 18007461, "typical_volume": 23784217.4, "trend": 8.989833, "fair_value": 9.452529, "relative_strength": -14.708353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.059695, "energy": 17.125496, "activity_lines": [ 7.54488, 7.404475, 7.328298, 7.898018 ] }, { "date": "2024-09-27", "close": 8.190559, "volume": 34209863, "typical_volume": 24549961.95, "trend": 8.847161, "fair_value": 9.432877, "relative_strength": -19.049044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.914903, "energy": 8.801425, "activity_lines": [ 7.751471, 7.576765, 7.396408, 7.846452 ] }, { "date": "2024-10-04", "close": 8.957801, "volume": 18477146, "typical_volume": 24291642.25, "trend": 8.737994, "fair_value": 9.417578, "relative_strength": -17.782858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.954816, "energy": 27.179322, "activity_lines": [ 8.169302, 7.861197, 7.538311, 7.85359 ] }, { "date": "2024-10-11", "close": 9.057443, "volume": 65594261, "typical_volume": 26815942.5, "trend": 8.613974, "fair_value": 9.40405, "relative_strength": -13.644892, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 18.668272, "energy": 38.004831, "activity_lines": [ 8.557905, 8.12244, 7.68877, 7.8742 ] }, { "date": "2024-10-18", "close": 14.587565, "volume": 134735391, "typical_volume": 32876036.05, "trend": 8.62737, "fair_value": 9.429246, "relative_strength": 36.000109, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 68.702843, "energy": 85.670861, "activity_lines": [ 10.672969, 9.352564, 8.361848, 8.259593 ] }, { "date": "2024-10-25", "close": 23.48558, "volume": 284397463, "typical_volume": 45866228.4, "trend": 8.991227, "fair_value": 9.513306, "relative_strength": 111.386439, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 98.452218, "energy": 99.229116, "activity_lines": [ 15.270443, 12.065902, 9.851019, 9.218187 ] }, { "date": "2024-11-01", "close": 29.294699, "volume": 259299866, "typical_volume": 57551430.85, "trend": 9.553018, "fair_value": 9.631834, "relative_strength": 157.476334, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.624907, "energy": 99.777738, "activity_lines": [ 20.75008, 15.535249, 11.818044, 10.528089 ] }, { "date": "2024-11-08", "close": 22.489162, "volume": 251827716, "typical_volume": 69315224.6, "trend": 9.91307, "fair_value": 9.706926, "relative_strength": 84.031371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.554349, "energy": 88.87301, "activity_lines": [ 22.554261, 17.371376, 13.034623, 11.362679 ] }, { "date": "2024-11-15", "close": 19.240837, "volume": 135573104, "typical_volume": 75297744.3, "trend": 10.215732, "fair_value": 9.747658, "relative_strength": 61.025435, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.107256, "energy": 87.53388, "activity_lines": [ 22.373577, 18.353844, 13.869337, 11.96447 ] }, { "date": "2024-11-22", "close": 19.410229, "volume": 142786682, "typical_volume": 81970921.25, "trend": 10.507519, "fair_value": 9.782487, "relative_strength": 63.318928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.142411, "energy": 66.478584, "activity_lines": [ 21.570464, 19.150073, 14.663245, 12.557663 ] }, { "date": "2024-11-29", "close": 19.539764, "volume": 80694716, "typical_volume": 85414433.7, "trend": 10.792058, "fair_value": 9.815313, "relative_strength": 59.397695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.515029, "energy": 56.264616, "activity_lines": [ 20.489018, 19.75028, 15.409752, 13.140389 ] }, { "date": "2024-12-06", "close": 19.729082, "volume": 91281825, "typical_volume": 89534285.1, "trend": 11.171618, "fair_value": 9.847589, "relative_strength": 55.323038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.537654, "energy": 42.117272, "activity_lines": [ 19.733733, 20.169137, 16.11403, 13.716971 ] }, { "date": "2024-12-13", "close": 19.061481, "volume": 47332236, "typical_volume": 91444366.4, "trend": 11.514945, "fair_value": 9.88012, "relative_strength": 49.550788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.480947, "energy": 37.337747, "activity_lines": [ 19.393621, 20.256822, 16.692617, 14.225994 ] }, { "date": "2024-12-20", "close": 18.852236, "volume": 50719220, "typical_volume": 93454790.7, "trend": 11.869852, "fair_value": 9.912317, "relative_strength": 47.829482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.093159, "energy": 33.912531, "activity_lines": [ 19.212274, 20.122759, 17.192344, 14.699368 ] }, { "date": "2024-12-27", "close": 16.969006, "volume": 46410810, "typical_volume": 95097920.45, "trend": 12.168593, "fair_value": 9.934771, "relative_strength": 31.097277, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.466403, "energy": 26.542809, "activity_lines": [ 18.42909, 19.468203, 17.45649, 15.028346 ] }, { "date": "2025-01-03", "close": 15.175451, "volume": 27522966, "typical_volume": 95933340.95, "trend": 12.419358, "fair_value": 9.948939, "relative_strength": 23.582869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.341633, "energy": 20.30258, "activity_lines": [ 17.210802, 18.444247, 17.503227, 15.222337 ] }, { "date": "2025-01-10", "close": 15.185415, "volume": 30069651, "typical_volume": 96906896.0, "trend": 12.665141, "fair_value": 9.962604, "relative_strength": 24.989405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.775601, "energy": 19.507438, "activity_lines": [ 16.28679, 17.573196, 17.511862, 15.400792 ] }, { "date": "2025-01-17", "close": 15.67366, "volume": 27806561, "typical_volume": 92314293.3, "trend": 12.945467, "fair_value": 9.971529, "relative_strength": 26.244569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.846097, "energy": 18.241955, "activity_lines": [ 15.828437, 17.047449, 17.53051, 15.59489 ] }, { "date": "2025-01-24", "close": 15.354807, "volume": 25461628, "typical_volume": 89974189.6, "trend": 13.2145, "fair_value": 9.982943, "relative_strength": 23.845002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.066355, "energy": 18.671596, "activity_lines": [ 15.489655, 16.587648, 17.482349, 15.750331 ] }, { "date": "2025-01-31", "close": 14.856598, "volume": 4364876, "typical_volume": 88828672.1, "trend": 13.480876, "fair_value": 9.990975, "relative_strength": 19.65303, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.735191, "energy": 27.042623, "activity_lines": [ 15.217965, 16.107918, 17.348402, 15.856273 ] }, { "date": "2025-02-07", "close": 16.042336, "volume": 24816325, "typical_volume": 89169115.3, "trend": 13.786112, "fair_value": 10.010763, "relative_strength": 26.320717, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.028777, "energy": 33.647646, "activity_lines": [ 15.482349, 15.92657, 17.291559, 16.021528 ] }, { "date": "2025-02-14", "close": 16.351225, "volume": 73305260, "typical_volume": 91123885.15, "trend": 14.108287, "fair_value": 10.031839, "relative_strength": 25.849817, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.269702, "energy": 26.997017, "activity_lines": [ 15.791902, 15.864973, 17.224277, 16.18702 ] }, { "date": "2025-02-21", "close": 16.640188, "volume": 46879456, "typical_volume": 92544000.65, "trend": 14.440095, "fair_value": 10.059363, "relative_strength": 25.982207, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 16.826891, "energy": 23.055789, "activity_lines": [ 16.120057, 15.917331, 17.145655, 16.350368 ] }, { "date": "2025-02-28", "close": 15.833088, "volume": 91302068, "typical_volume": 93829391.0, "trend": 14.733042, "fair_value": 10.090717, "relative_strength": 21.585495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.815518, "energy": 16.641668, "activity_lines": [ 16.114742, 15.866966, 16.953584, 16.440238 ] }, { "date": "2025-03-07", "close": 15.265129, "volume": 46526866, "typical_volume": 89418964.75, "trend": 15.002407, "fair_value": 10.124978, "relative_strength": 15.140644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.548387, "energy": 8.382431, "activity_lines": [ 15.888223, 15.76823, 16.675156, 16.474567 ] }, { "date": "2025-03-14", "close": 15.105702, "volume": 25913441, "typical_volume": 76494763.65, "trend": 15.273433, "fair_value": 10.157147, "relative_strength": 12.242938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.45187, "energy": 15.918759, "activity_lines": [ 15.581326, 15.671487, 16.378318, 16.481231 ] }, { "date": "2025-03-21", "close": 14.846633, "volume": 24435743, "typical_volume": 64751557.5, "trend": 15.517555, "fair_value": 10.188915, "relative_strength": 12.244906, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.548157, "energy": 33.426033, "activity_lines": [ 15.250515, 15.528908, 16.096711, 16.453695 ] }, { "date": "2025-03-28", "close": 14.188997, "volume": 25935594, "typical_volume": 53456951.4, "trend": 15.723149, "fair_value": 10.217411, "relative_strength": 7.652884, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.133495, "energy": 59.969727, "activity_lines": [ 14.800798, 15.272919, 15.821273, 16.367982 ] }, { "date": "2025-04-04", "close": 15.025989, "volume": 59746388, "typical_volume": 49665615.6, "trend": 15.980557, "fair_value": 10.253729, "relative_strength": 14.073455, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.95545, "energy": 55.509855, "activity_lines": [ 14.793491, 15.196105, 15.665073, 16.323004 ] }, { "date": "2025-04-11", "close": 12.973368, "volume": 54865616, "typical_volume": 45269562.3, "trend": 16.168548, "fair_value": 10.277707, "relative_strength": 1.579778, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.859165, "energy": 75.367524, "activity_lines": [ 14.155784, 14.752064, 15.333455, 16.128992 ] }, { "date": "2025-04-18", "close": 13.531362, "volume": 34542694, "typical_volume": 42961961.2, "trend": 16.363846, "fair_value": 10.305135, "relative_strength": 4.289597, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.822048, "energy": 72.797683, "activity_lines": [ 13.856858, 14.443718, 15.085632, 15.958851 ] }, { "date": "2025-04-25", "close": 13.700752, "volume": 32130182, "typical_volume": 40004379.05, "trend": 16.547519, "fair_value": 10.332958, "relative_strength": 4.648033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.102287, "energy": 61.71043, "activity_lines": [ 13.719352, 14.211825, 14.882552, 15.787038 ] }, { "date": "2025-05-02", "close": 13.810358, "volume": 17330086, "typical_volume": 38504271.55, "trend": 16.709271, "fair_value": 10.362301, "relative_strength": 5.659413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.560737, "energy": 57.956928, "activity_lines": [ 13.694774, 14.04805, 14.718618, 15.610447 ] }, { "date": "2025-05-09", "close": 15.74341, "volume": 89161411, "typical_volume": 40426381.1, "trend": 16.932137, "fair_value": 10.406554, "relative_strength": 17.012823, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.835359, "energy": 28.595558, "activity_lines": [ 14.339789, 14.28719, 14.763789, 15.548133 ] }, { "date": "2025-05-16", "close": 14.657314, "volume": 79559596, "typical_volume": 42083820.4, "trend": 16.934462, "fair_value": 10.448378, "relative_strength": 7.30949, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.479472, "energy": 21.401113, "activity_lines": [ 14.574943, 14.330489, 14.720326, 15.401371 ] }, { "date": "2025-05-23", "close": 13.989714, "volume": 52502555, "typical_volume": 43332799.85, "trend": 16.617933, "fair_value": 10.490771, "relative_strength": 2.267927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.616998, "energy": 20.113217, "activity_lines": [ 14.475302, 14.263457, 14.62429, 15.211387 ] }, { "date": "2025-05-30", "close": 13.750573, "volume": 22031170, "typical_volume": 42930875.8, "trend": 16.099796, "fair_value": 10.529616, "relative_strength": -0.1651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.625755, "energy": 21.96976, "activity_lines": [ 14.265389, 14.173236, 14.511125, 15.026396 ] }, { "date": "2025-06-06", "close": 13.900036, "volume": 13544550, "typical_volume": 42217775.25, "trend": 15.813491, "fair_value": 10.567405, "relative_strength": -0.948679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.573159, "energy": 32.490054, "activity_lines": [ 14.101977, 14.130118, 14.419028, 14.884476 ] }, { "date": "2025-06-13", "close": 13.969786, "volume": 29487360, "typical_volume": 42419061.85, "trend": 15.63779, "fair_value": 10.605388, "relative_strength": -0.922558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.442332, "energy": 33.617763, "activity_lines": [ 13.955836, 14.104936, 14.342019, 14.765527 ] }, { "date": "2025-06-20", "close": 13.52, "volume": 16229815, "typical_volume": 43012308.8, "trend": 15.441449, "fair_value": 10.641119, "relative_strength": -4.330046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.093723, "energy": 37.15473, "activity_lines": [ 13.778007, 14.017178, 14.228769, 14.628896 ] }, { "date": "2025-06-27", "close": 14.19, "volume": 18134968, "typical_volume": 42678240.95, "trend": 15.263123, "fair_value": 10.679884, "relative_strength": -2.230644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.234053, "energy": 29.503881, "activity_lines": [ 13.899334, 14.0413, 14.185693, 14.548157 ] }, { "date": "2025-07-04", "close": 14.15, "volume": 23296680, "typical_volume": 40177811.95, "trend": 15.077154, "fair_value": 10.718834, "relative_strength": -4.612964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.87809, "energy": 25.386447, "activity_lines": [ 13.993974, 14.046174, 14.147628, 14.476343 ] }, { "date": "2025-07-11", "close": 14.39, "volume": 16187260, "typical_volume": 38643202.15, "trend": 14.921438, "fair_value": 10.758504, "relative_strength": -4.805025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.444057, "energy": 18.356255, "activity_lines": [ 14.141986, 14.086516, 14.142902, 14.43201 ] }, { "date": "2025-07-18", "close": 14.5, "volume": 25323032, "typical_volume": 35344250.35, "trend": 14.776363, "fair_value": 10.796205, "relative_strength": -5.521948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.408549, "energy": 14.039662, "activity_lines": [ 14.294, 14.136319, 14.159368, 14.404821 ] }, { "date": "2025-07-25", "close": 14.77, "volume": 22750997, "typical_volume": 34155456.9, "trend": 14.703063, "fair_value": 10.836459, "relative_strength": -6.094773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.009985, "energy": 10.617322, "activity_lines": [ 14.500667, 14.25782, 14.207896, 14.40441 ] }, { "date": "2025-08-01", "close": 14.49, "volume": 21767864, "typical_volume": 33948178.05, "trend": 14.680215, "fair_value": 10.878467, "relative_strength": -7.670356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.54303, "energy": 13.382396, "activity_lines": [ 14.530667, 14.326364, 14.232115, 14.390664 ] }, { "date": "2025-08-08", "close": 14.72, "volume": 18606794, "typical_volume": 33656730.6, "trend": 14.664701, "fair_value": 10.925371, "relative_strength": -8.757234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.63132, "energy": 17.826941, "activity_lines": [ 14.617333, 14.427629, 14.28117, 14.393231 ] }, { "date": "2025-08-15", "close": 14.39, "volume": 21753420, "typical_volume": 33447621.9, "trend": 14.621912, "fair_value": 10.967879, "relative_strength": -12.845361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.119475, "energy": 16.377254, "activity_lines": [ 14.556, 14.451269, 14.299401, 14.375508 ] }, { "date": "2025-08-22", "close": 17.360001, "volume": 170504216, "typical_volume": 38985513.3, "trend": 14.688752, "fair_value": 11.027144, "relative_strength": 0.772513, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.905708, "energy": 63.423407, "activity_lines": [ 15.484667, 15.006, 14.599531, 14.552159 ] }, { "date": "2025-08-29", "close": 15.91, "volume": 123144996, "typical_volume": 42399482.3, "trend": 14.723865, "fair_value": 11.078634, "relative_strength": -8.921005, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.41994, "energy": 56.234869, "activity_lines": [ 15.739334, 15.235455, 14.750452, 14.630949 ] }, { "date": "2025-09-05", "close": 15.45, "volume": 41825167, "typical_volume": 42763605.95, "trend": 14.704121, "fair_value": 11.125086, "relative_strength": -11.034229, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.653344, "energy": 50.542044, "activity_lines": [ 15.764667, 15.337818, 14.843579, 14.677797 ] }, { "date": "2025-09-12", "close": 16.58, "volume": 55332636, "typical_volume": 43923728.65, "trend": 14.711747, "fair_value": 11.179667, "relative_strength": -6.579872, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.919064, "energy": 70.265925, "activity_lines": [ 16.102667, 15.622727, 15.035188, 14.798821 ] }, { "date": "2025-09-19", "close": 17.190001, "volume": 63198788, "typical_volume": 46217163.75, "trend": 14.730074, "fair_value": 11.239426, "relative_strength": -2.555507, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.765861, "energy": 62.162466, "activity_lines": [ 16.52, 15.974364, 15.271183, 14.958709 ] }, { "date": "2025-09-26", "close": 17.059999, "volume": 39907243, "typical_volume": 43754455.35, "trend": 14.770971, "fair_value": 11.297275, "relative_strength": -4.214456, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.74553, "energy": 60.932619, "activity_lines": [ 16.707333, 16.251455, 15.478703, 15.109026 ] }, { "date": "2025-10-03", "close": 17.43, "volume": 17251471, "typical_volume": 40639049.1, "trend": 14.843133, "fair_value": 11.357242, "relative_strength": -4.229214, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.545074, "energy": 68.808629, "activity_lines": [ 17.038, 16.549273, 15.715191, 15.280577 ] }, { "date": "2025-10-10", "close": 18.1, "volume": 28839026, "typical_volume": 39455872.65, "trend": 14.942943, "fair_value": 11.423912, "relative_strength": -1.649823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.777269, "energy": 73.126186, "activity_lines": [ 17.490667, 16.920545, 16.002286, 15.490697 ] }, { "date": "2025-10-17", "close": 20.73, "volume": 122555630, "typical_volume": 44482095.65, "trend": 15.139055, "fair_value": 11.509088, "relative_strength": 13.891407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.735107, "energy": 84.49874, "activity_lines": [ 18.643333, 17.704364, 16.520284, 15.864056 ] }, { "date": "2025-10-24", "close": 20.360001, "volume": 118778802, "typical_volume": 49743808.25, "trend": 15.344755, "fair_value": 11.594046, "relative_strength": 9.60107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.943463, "energy": 82.459547, "activity_lines": [ 19.396, 18.311637, 16.969809, 16.200891 ] }, { "date": "2025-10-31", "close": 19.57, "volume": 102747222, "typical_volume": 53406801.35, "trend": 15.496223, "fair_value": 11.673243, "relative_strength": 6.981108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.982378, "energy": 66.514827, "activity_lines": [ 19.674, 18.666727, 17.313333, 16.473487 ] }, { "date": "2025-11-07", "close": 21.139999, "volume": 62734013, "typical_volume": 55732011.25, "trend": 15.768444, "fair_value": 11.762378, "relative_strength": 14.913087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.482202, "energy": 66.764268, "activity_lines": [ 20.308, 19.267091, 17.779714, 16.837602 ] }, { "date": "2025-11-14", "close": 19.309999, "volume": 51938396, "typical_volume": 57422182.65, "trend": 15.961065, "fair_value": 11.840859, "relative_strength": 5.565045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.018798, "energy": 49.256371, "activity_lines": [ 20.084666, 19.439636, 18.035524, 17.066089 ] }, { "date": "2025-11-21", "close": 17.049999, "volume": 32642894, "typical_volume": 57889493.35, "trend": 16.072706, "fair_value": 11.901431, "relative_strength": -2.395921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.823006, "energy": 31.771641, "activity_lines": [ 19.027333, 19.131091, 18.051714, 17.136343 ] }, { "date": "2025-11-28", "close": 17.950001, "volume": 22010800, "typical_volume": 58180670.35, "trend": 16.210694, "fair_value": 11.966823, "relative_strength": 1.878127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.980619, "energy": 23.764109, "activity_lines": [ 18.515333, 18.977636, 18.139809, 17.257459 ] }, { "date": "2025-12-05", "close": 17.389999, "volume": 17979632, "typical_volume": 57813500.35, "trend": 16.265581, "fair_value": 12.027674, "relative_strength": -1.097194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.611887, "energy": 23.61366, "activity_lines": [ 17.977333, 18.708545, 18.157619, 17.333543 ] }, { "date": "2025-12-12", "close": 16.58, "volume": 26060582, "typical_volume": 57978979.6, "trend": 16.32967, "fair_value": 12.084537, "relative_strength": -4.826332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.29571, "energy": 21.220256, "activity_lines": [ 17.314666, 18.286182, 18.084524, 17.353828 ] }, { "date": "2025-12-19", "close": 16.0, "volume": 21830495, "typical_volume": 57982111.15, "trend": 16.39668, "fair_value": 12.136668, "relative_strength": -7.592655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.750195, "energy": 19.687493, "activity_lines": [ 16.762667, 17.773818, 17.947571, 17.332559 ] }, { "date": "2025-12-26", "close": 15.82, "volume": 18113390, "typical_volume": 57957440.95, "trend": 16.465661, "fair_value": 12.187898, "relative_strength": -9.931338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.921272, "energy": 30.511584, "activity_lines": [ 16.371333, 17.266909, 17.786286, 17.295354 ] }, { "date": "2026-01-02", "close": 16.1, "volume": 35213663, "typical_volume": 58630453.1, "trend": 16.538993, "fair_value": 12.242381, "relative_strength": -8.189912, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.864571, "energy": 32.49795, "activity_lines": [ 16.155333, 16.900182, 17.646428, 17.271763 ] }, { "date": "2026-01-09", "close": 17.110001, "volume": 32114831, "typical_volume": 51710983.85, "trend": 16.643667, "fair_value": 12.305049, "relative_strength": -5.757309, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.764223, "energy": 27.302941, "activity_lines": [ 16.399334, 16.794546, 17.594619, 17.308602 ] }, { "date": "2026-01-16", "close": 19.67, "volume": 53857598, "typical_volume": 48246613.95, "trend": 16.848667, "fair_value": 12.385837, "relative_strength": 8.851029, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 40.887139, "energy": 17.895987, "activity_lines": [ 17.515334, 17.199091, 17.787809, 17.503849 ] }, { "date": "2026-01-23", "close": 17.870001, "volume": 66820140, "typical_volume": 49496362.6, "trend": 16.971333, "fair_value": 12.452236, "relative_strength": -1.757131, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.530893, "energy": 19.63473, "activity_lines": [ 17.825334, 17.303091, 17.791667, 17.569742 ] }, { "date": "2026-01-30", "close": 17.18, "volume": 33063610, "typical_volume": 48382911.3, "trend": 17.072333, "fair_value": 12.514656, "relative_strength": -4.967133, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.65342, "energy": 22.85519, "activity_lines": [ 17.780667, 17.307818, 17.718286, 17.583204 ] }, { "date": "2026-02-06", "close": 17.49, "volume": 35866933, "typical_volume": 47016318.55, "trend": 17.175667, "fair_value": 12.576908, "relative_strength": -1.767843, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.011215, "energy": 23.313452, "activity_lines": [ 17.748667, 17.366546, 17.671571, 17.610151 ] }, { "date": "2026-02-13", "close": 17.379999, "volume": 19690646, "typical_volume": 46005488.7, "trend": 17.271667, "fair_value": 12.636935, "relative_strength": -2.5111, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.535677, "energy": 8.300093, "activity_lines": [ 17.587333, 17.413636, 17.612952, 17.623333 ] }, { "date": "2026-02-27", "close": 17.639999, "volume": 18319142, "typical_volume": 46058872.25, "trend": 17.367333, "fair_value": 12.697932, "relative_strength": -2.679016, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 6.746042, "energy": 4.902318, "activity_lines": [ 17.494666, 17.508182, 17.577571, 17.647097 ] }, { "date": "2026-03-06", "close": 16.52, "volume": 19712032, "typical_volume": 45602522.55, "trend": 17.435, "fair_value": 12.752065, "relative_strength": -7.692467, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -28.189149, "energy": 18.474672, "activity_lines": [ 17.164, 17.379818, 17.434524, 17.59243 ] }, { "date": "2026-03-13", "close": 15.79, "volume": 17049110, "typical_volume": 40327196.55, "trend": 17.470667, "fair_value": 12.80114, "relative_strength": -10.887252, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.743206, "energy": 42.298192, "activity_lines": [ 16.68, 17.109273, 17.229476, 17.486301 ] }, { "date": "2026-03-20", "close": 14.93, "volume": 15123190, "typical_volume": 35144415.95, "trend": 17.488667, "fair_value": 12.844448, "relative_strength": -12.543351, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.48556, "energy": 70.198849, "activity_lines": [ 16.002, 16.682909, 16.966048, 17.322387 ] }, { "date": "2026-03-27", "close": 14.73, "volume": 22009796, "typical_volume": 31107544.65, "trend": 17.401, "fair_value": 12.886537, "relative_strength": -12.506676, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.571066, "energy": 76.333589, "activity_lines": [ 15.428, 16.241454, 16.709428, 17.144409 ] }, { "date": "2026-04-03", "close": 14.4, "volume": 15120660, "typical_volume": 28726877.0, "trend": 17.350667, "fair_value": 12.927524, "relative_strength": -13.523487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.006679, "energy": 78.470156, "activity_lines": [ 14.920667, 15.783273, 16.444429, 16.950796 ] }, { "date": "2026-04-10", "close": 15.54, "volume": 11594130, "typical_volume": 26709663.7, "trend": 17.353667, "fair_value": 12.974299, "relative_strength": -8.918093, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.392977, "energy": 71.022291, "activity_lines": [ 15.009333, 15.628182, 16.320095, 16.833978 ] }, { "date": "2026-04-17", "close": 16.568419, "volume": 27702014, "typical_volume": 26462619.7, "trend": 17.353281, "fair_value": 13.030137, "relative_strength": -4.488901, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.913578, "energy": 40.174523, "activity_lines": [ 15.50614, 15.70244, 16.311659, 16.783317 ] }, { "date": "2026-04-24", "close": 16.688044, "volume": 59325789, "typical_volume": 28328369.15, "trend": 17.336549, "fair_value": 13.088009, "relative_strength": -4.453886, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.890636, "energy": 23.218605, "activity_lines": [ 15.990926, 15.809567, 16.316909, 16.740399 ] }, { "date": "2026-05-01", "close": 16.787735, "volume": 27105792, "typical_volume": 28784677.15, "trend": 17.327473, "fair_value": 13.147787, "relative_strength": -4.604779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.994274, "energy": 22.256572, "activity_lines": [ 16.391741, 15.949402, 16.337662, 16.704991 ] }, { "date": "2026-05-08", "close": 16.548479, "volume": 16771650, "typical_volume": 28320230.55, "trend": 17.298089, "fair_value": 13.205208, "relative_strength": -7.384311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.557002, "energy": 23.382587, "activity_lines": [ 16.57562, 16.056503, 16.338497, 16.654734 ] }, { "date": "2026-05-15", "close": 16.000185, "volume": 22592800, "typical_volume": 28358345.8, "trend": 17.228095, "fair_value": 13.254743, "relative_strength": -9.143895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.0664, "energy": 20.076428, "activity_lines": [ 16.433504, 16.083761, 16.287264, 16.570998 ] }, { "date": "2026-05-22", "close": 16.787735, "volume": 35523448, "typical_volume": 29228848.7, "trend": 17.096686, "fair_value": 13.310213, "relative_strength": -4.033161, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.320251, "energy": 13.277067, "activity_lines": [ 16.523224, 16.263661, 16.311035, 16.542588 ] }, { "date": "2026-05-29", "close": 15.272451, "volume": 27181317, "typical_volume": 28827231.4, "trend": 16.927101, "fair_value": 13.354322, "relative_strength": -11.574377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.604153, "energy": 23.915295, "activity_lines": [ 16.09323, 16.149914, 16.185884, 16.424895 ] }, { "date": "2026-06-05", "close": 15.910465, "volume": 5736560, "typical_volume": 27508317.85, "trend": 16.805117, "fair_value": 13.403788, "relative_strength": -6.880007, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.806067, "energy": 20.689861, "activity_lines": [ 15.970279, 16.145943, 16.125438, 16.359306 ] }, { "date": "2026-06-12", "close": 15.531645, "volume": 4774012, "typical_volume": 25054138.55, "trend": 16.618172, "fair_value": 13.450002, "relative_strength": -9.077873, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.536328, "energy": 25.539263, "activity_lines": [ 15.77954, 16.051633, 16.034626, 16.277146 ] }, { "date": "2026-06-19", "close": 15.18, "volume": 23422736, "typical_volume": 22884268.35, "trend": 16.480505, "fair_value": 13.491808, "relative_strength": -12.24791, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.984603, "energy": 46.574866, "activity_lines": [ 15.539374, 15.872812, 15.93003, 16.184361 ] }, { "date": "2026-06-26", "close": 14.43, "volume": 4147300, "typical_volume": 21438452.85, "trend": 16.393172, "fair_value": 13.526019, "relative_strength": -15.103903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.396076, "energy": 59.352206, "activity_lines": [ 15.103888, 15.564172, 15.766815, 16.05207 ] }, { "date": "2026-07-03", "close": 15.9, "volume": 5172640, "typical_volume": 19903738.2, "trend": 16.324839, "fair_value": 13.57092, "relative_strength": -6.744292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.586453, "energy": 43.559513, "activity_lines": [ 15.315584, 15.561686, 15.756695, 16.020253 ] }, { "date": "2026-07-10", "close": 14.81, "volume": 19079318, "typical_volume": 19873171.8, "trend": 16.238839, "fair_value": 13.60991, "relative_strength": -11.957036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.249242, "energy": 45.720442, "activity_lines": [ 15.12211, 15.375346, 15.650337, 15.922521 ] }, { "date": "2026-07-17", "close": 13.83, "volume": 30960145, "typical_volume": 20505221.95, "trend": 16.147172, "fair_value": 13.642809, "relative_strength": -12.545496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.100787, "energy": 58.143951, "activity_lines": [ 14.675333, 15.046784, 15.462884, 15.767112 ] }, { "date": "2026-07-24", "close": 11.79, "volume": 31802154, "typical_volume": 21109728.05, "trend": 16.006839, "fair_value": 13.661067, "relative_strength": -26.081477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.890831, "energy": 76.683212, "activity_lines": [ 13.662, 14.396738, 15.099288, 15.486004 ] }, { "date": "2026-07-31", "close": 12.06, "volume": 23032672, "typical_volume": 21408906.15, "trend": 15.881505, "fair_value": 13.679913, "relative_strength": -24.410317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.368545, "energy": 83.948587, "activity_lines": [ 12.964667, 13.872333, 14.78393, 15.23137 ] }, { "date": "2026-08-07", "close": 13.69, "volume": 21391187, "typical_volume": 21722306.0, "trend": 15.801172, "fair_value": 13.709525, "relative_strength": -16.310648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.427595, "energy": 74.592061, "activity_lines": [ 12.968667, 13.73025, 14.641572, 15.089982 ] } ], "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." } } }