{ "ticker": { "uuid": "01b1ed97-41ed-450d-b154-745657cc7137", "symbol": "300366", "name": "Troy Information Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.645, "architecture_energy": 54.266, "architecture_maturity": 72.317, "architecture_confidence": 87.866, "architecture_tenure": "Established", "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": 13.63, "rotation_up": 22.82, "upward_expansion": 8.57, "deceleration": 58.51, "rotation_down": 54.7, "downward_expansion": 79.57 }, "activity_lines": [ 4.598, 4.648545, 4.953905, 5.225226 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 4.95, "trend_reference": 5.675, "distance_from_trend": -0.127753, "trend_direction": "Weakening", "fair_value": 8.696731, "distance_from_fair_value": -0.430821, "fair_value_direction": "Weakening", "relative_strength": -25.088228, "relative_strength_direction": "Improving", "price_momentum": -0.258982, "excess_performance": -0.266382, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.127753, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.101583, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.430821, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.059688, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.250882, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.087295, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.258982, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.141682, "read": "Demand-led" } ], "volume": { "latest": 46258546, "relative_activity": 1.432384, "balance": 1.141682, "dry_up": 1.126747, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.080653, "annualized_volatility": 0.408426, "from_high_reference": -0.51895, "from_low_reference": 0.219212 }, "levels": { "trend_reference": 5.675, "fair_value_reference": 8.696731, "structural_low": 4.06, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.033217, "positive_rate": 0.535714, "directional_follow_through": 0.464286, "median_excess_return": -0.018737, "regime_survival": 0.821429, "best_return": 0.5621, "worst_return": -0.253208, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.086464, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.033727, "regime_survival": 0.6, "best_return": 0.610284, "worst_return": -0.226168, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.067455, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.183381, "regime_survival": 0.5, "best_return": 0.664872, "worst_return": -0.305607, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.151351, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.067325, "regime_survival": 0.333333, "best_return": 0.156075, "worst_return": -0.153729, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-09", "end": "2024-09-20", "tenure": "Extended", "return": -0.15027, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-09-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.031311, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-17", "tenure": "Developing", "return": -0.221429, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": 0.224535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.003953, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-04", "tenure": "Established", "return": 0.182648, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.085608, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.160256, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.146552, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.116743, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.132964, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.200323, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.53, "volume": 102614019, "typical_volume": 197990501.5, "trend": 12.081333, "fair_value": 10.648846, "relative_strength": 9.233937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.499435, "energy": 16.111807, "activity_lines": [ 12.441333, 12.438, 12.189095, 12.211505 ] }, { "date": "2023-08-04", "close": 11.87, "volume": 115501061, "typical_volume": 187877110.95, "trend": 12.156333, "fair_value": 10.664872, "relative_strength": 10.271277, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.04763, "energy": 5.666313, "activity_lines": [ 12.178667, 12.369818, 12.156238, 12.197871 ] }, { "date": "2023-08-11", "close": 11.5, "volume": 133553473, "typical_volume": 179685318.15, "trend": 12.151, "fair_value": 10.647564, "relative_strength": 10.278086, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.643856, "energy": 17.666219, "activity_lines": [ 11.825333, 12.212, 12.094333, 12.155527 ] }, { "date": "2023-08-18", "close": 11.03, "volume": 73728594, "typical_volume": 171308792.75, "trend": 12.157333, "fair_value": 10.618141, "relative_strength": 8.60692, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.001042, "energy": 37.705407, "activity_lines": [ 11.463333, 11.976545, 11.995524, 12.083204 ] }, { "date": "2023-08-25", "close": 10.55, "volume": 126179044, "typical_volume": 165700407.0, "trend": 12.125, "fair_value": 10.576154, "relative_strength": 6.57421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.186941, "energy": 56.742109, "activity_lines": [ 11.109333, 11.672182, 11.857381, 11.979505 ] }, { "date": "2023-09-01", "close": 12.27, "volume": 216610728, "typical_volume": 157660877.6, "trend": 12.130667, "fair_value": 10.5575, "relative_strength": 18.889867, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.581817, "energy": 37.529642, "activity_lines": [ 11.434, 11.713273, 11.895619, 11.98886 ] }, { "date": "2023-09-08", "close": 14.12, "volume": 405533227, "typical_volume": 168557290.15, "trend": 12.204, "fair_value": 10.558205, "relative_strength": 37.248987, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.288951, "energy": 7.4015, "activity_lines": [ 12.326, 12.089455, 12.112381, 12.117204 ] }, { "date": "2023-09-15", "close": 12.25, "volume": 258411601, "typical_volume": 174933920.15, "trend": 12.232, "fair_value": 10.547436, "relative_strength": 19.449502, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.993118, "energy": 8.745152, "activity_lines": [ 12.444667, 12.093636, 12.138619, 12.120172 ] }, { "date": "2023-09-22", "close": 12.31, "volume": 125230173, "typical_volume": 177989992.75, "trend": 12.222333, "fair_value": 10.535385, "relative_strength": 18.385245, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.920153, "energy": 14.720741, "activity_lines": [ 12.533333, 12.135455, 12.164476, 12.125204 ] }, { "date": "2023-09-29", "close": 12.33, "volume": 112124082, "typical_volume": 177934087.35, "trend": 12.190333, "fair_value": 10.515577, "relative_strength": 18.144193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.115033, "energy": 17.428048, "activity_lines": [ 12.543333, 12.203455, 12.189524, 12.132151 ] }, { "date": "2023-10-13", "close": 14.42, "volume": 384722004, "typical_volume": 192671684.95, "trend": 12.231667, "fair_value": 10.507372, "relative_strength": 36.745103, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.211692, "energy": 51.819256, "activity_lines": [ 13.131333, 12.647818, 12.410571, 12.276 ] }, { "date": "2023-10-20", "close": 15.56, "volume": 729348147, "typical_volume": 225308666.6, "trend": 12.311333, "fair_value": 10.519423, "relative_strength": 52.432331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.359706, "energy": 64.800683, "activity_lines": [ 13.956, 13.246909, 12.725333, 12.490731 ] }, { "date": "2023-10-27", "close": 15.04, "volume": 587920920, "typical_volume": 249131994.7, "trend": 12.374333, "fair_value": 10.533141, "relative_strength": 42.085533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.955969, "energy": 66.864794, "activity_lines": [ 14.511333, 13.684364, 12.967143, 12.666774 ] }, { "date": "2023-11-03", "close": 14.12, "volume": 351160757, "typical_volume": 259030734.25, "trend": 12.432667, "fair_value": 10.539103, "relative_strength": 30.606007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.80312, "energy": 63.037059, "activity_lines": [ 14.574, 13.890182, 13.106524, 12.779398 ] }, { "date": "2023-11-10", "close": 15.22, "volume": 287103319, "typical_volume": 264612727.8, "trend": 12.500333, "fair_value": 10.552051, "relative_strength": 37.677502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.052659, "energy": 60.070297, "activity_lines": [ 14.882667, 14.239818, 13.340762, 12.959226 ] }, { "date": "2023-11-17", "close": 15.79, "volume": 347175002, "typical_volume": 277866274.15, "trend": 12.601333, "fair_value": 10.580897, "relative_strength": 41.234765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.636792, "energy": 51.958748, "activity_lines": [ 15.188667, 14.608182, 13.615619, 13.171462 ] }, { "date": "2023-11-24", "close": 16.440001, "volume": 427950683, "typical_volume": 292742441.9, "trend": 12.765667, "fair_value": 10.608141, "relative_strength": 47.257286, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.656233, "energy": 47.174444, "activity_lines": [ 15.62, 15.030727, 13.935286, 13.419118 ] }, { "date": "2023-12-01", "close": 15.54, "volume": 202582108, "typical_volume": 278720157.45, "trend": 12.918, "fair_value": 10.630385, "relative_strength": 39.697487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.091574, "energy": 43.808691, "activity_lines": [ 15.692667, 15.247455, 14.14981, 13.598108 ] }, { "date": "2023-12-08", "close": 14.2, "volume": 167794320, "typical_volume": 265891158.2, "trend": 13.0, "fair_value": 10.647885, "relative_strength": 28.871813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.61595, "energy": 35.012065, "activity_lines": [ 15.285334, 15.160727, 14.228048, 13.680817 ] }, { "date": "2023-12-15", "close": 13.34, "volume": 141931009, "typical_volume": 264858713.55, "trend": 13.055, "fair_value": 10.661859, "relative_strength": 22.493903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.079075, "energy": 19.377288, "activity_lines": [ 14.586, 14.883273, 14.221286, 13.702753 ] }, { "date": "2023-12-22", "close": 12.25, "volume": 121077762, "typical_volume": 265781900.7, "trend": 13.086667, "fair_value": 10.669487, "relative_strength": 13.710928, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.422683, "energy": 14.365408, "activity_lines": [ 13.648667, 14.389273, 14.104952, 13.650817 ] }, { "date": "2023-12-29", "close": 13.12, "volume": 123726965, "typical_volume": 266193195.9, "trend": 13.169333, "fair_value": 10.683205, "relative_strength": 17.031146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.503815, "energy": 21.093026, "activity_lines": [ 13.237333, 14.092909, 14.068048, 13.652968 ] }, { "date": "2024-01-05", "close": 12.24, "volume": 80287372, "typical_volume": 263529890.85, "trend": 13.179667, "fair_value": 10.697436, "relative_strength": 13.251009, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -22.435083, "energy": 26.793745, "activity_lines": [ 12.754, 13.680909, 13.941381, 13.593011 ] }, { "date": "2024-01-12", "close": 11.85, "volume": 98435782, "typical_volume": 264765250.25, "trend": 13.173333, "fair_value": 10.708205, "relative_strength": 10.312846, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -26.913492, "energy": 37.007021, "activity_lines": [ 12.360667, 13.248909, 13.774048, 13.507226 ] }, { "date": "2024-01-19", "close": 10.99, "volume": 69660496, "typical_volume": 261939322.85, "trend": 13.128, "fair_value": 10.716667, "relative_strength": 4.365016, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.287269, "energy": 57.300555, "activity_lines": [ 11.837333, 12.701818, 13.520905, 13.366366 ] }, { "date": "2024-01-26", "close": 10.71, "volume": 87383531, "typical_volume": 255477963.0, "trend": 13.078333, "fair_value": 10.722051, "relative_strength": 1.523446, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.53338, "energy": 63.070297, "activity_lines": [ 11.377333, 12.180727, 13.239, 13.210366 ] }, { "date": "2024-02-02", "close": 8.36, "volume": 111529908, "typical_volume": 240777797.05, "trend": 12.945, "fair_value": 10.718141, "relative_strength": -13.9071, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.562343, "energy": 88.916767, "activity_lines": [ 10.236667, 11.324727, 12.740714, 12.905957 ] }, { "date": "2024-02-09", "close": 9.25, "volume": 143493807, "typical_volume": 235031907.35, "trend": 12.796, "fair_value": 10.723654, "relative_strength": -13.063766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.90352, "energy": 84.620125, "activity_lines": [ 9.71, 10.777455, 12.354619, 12.66757 ] }, { "date": "2024-02-23", "close": 10.05, "volume": 235953824, "typical_volume": 240568089.9, "trend": 12.679333, "fair_value": 10.735962, "relative_strength": -8.301337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.317226, "energy": 79.486638, "activity_lines": [ 9.649333, 10.49, 12.059, 12.490409 ] }, { "date": "2024-03-01", "close": 10.57, "volume": 242039253, "typical_volume": 247063848.45, "trend": 12.627333, "fair_value": 10.75641, "relative_strength": -7.506709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.106648, "energy": 70.993203, "activity_lines": [ 9.882, 10.372545, 11.823667, 12.354323 ] }, { "date": "2024-03-08", "close": 10.25, "volume": 160916803, "typical_volume": 235873588.4, "trend": 12.584667, "fair_value": 10.778846, "relative_strength": -9.713885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.995629, "energy": 49.329076, "activity_lines": [ 10.036, 10.247273, 11.566238, 12.200946 ] }, { "date": "2024-03-15", "close": 11.69, "volume": 337373778, "typical_volume": 216274869.95, "trend": 12.578667, "fair_value": 10.808782, "relative_strength": 0.20904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.073437, "energy": 30.017013, "activity_lines": [ 10.700667, 10.420182, 11.46581, 12.143226 ] }, { "date": "2024-03-22", "close": 11.35, "volume": 218947249, "typical_volume": 197826186.4, "trend": 12.573667, "fair_value": 10.832372, "relative_strength": -2.279263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.355165, "energy": 24.689802, "activity_lines": [ 11.03, 10.557273, 11.351429, 12.063957 ] }, { "date": "2024-03-29", "close": 9.91, "volume": 131124767, "typical_volume": 186824386.9, "trend": 12.536333, "fair_value": 10.847115, "relative_strength": -13.025919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.460779, "energy": 26.881594, "activity_lines": [ 10.739333, 10.448727, 11.117476, 11.892108 ] }, { "date": "2024-04-05", "close": 9.45, "volume": 56615527, "typical_volume": 175299997.3, "trend": 12.499667, "fair_value": 10.857372, "relative_strength": -18.131483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.890265, "energy": 33.426255, "activity_lines": [ 10.304667, 10.291818, 10.859762, 11.692989 ] }, { "date": "2024-04-12", "close": 8.73, "volume": 73504004, "typical_volume": 161616447.4, "trend": 12.381667, "fair_value": 10.865962, "relative_strength": -21.63919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.840937, "energy": 54.55448, "activity_lines": [ 9.704667, 10.032, 10.560952, 11.449785 ] }, { "date": "2024-04-19", "close": 8.04, "volume": 110552648, "typical_volume": 145746545.65, "trend": 12.179, "fair_value": 10.870321, "relative_strength": -27.960597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.785112, "energy": 76.323314, "activity_lines": [ 8.976, 9.682727, 10.230048, 11.169677 ] }, { "date": "2024-04-26", "close": 8.73, "volume": 84153666, "typical_volume": 139825123.55, "trend": 12.061667, "fair_value": 10.874423, "relative_strength": -23.107285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.950656, "energy": 73.071603, "activity_lines": [ 8.720667, 9.464727, 10.004857, 10.947161 ] }, { "date": "2024-05-03", "close": 8.86, "volume": 39057533, "typical_volume": 133388284.2, "trend": 11.946667, "fair_value": 10.879615, "relative_strength": -22.864961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.459755, "energy": 70.392181, "activity_lines": [ 8.683333, 9.279818, 9.824476, 10.740602 ] }, { "date": "2024-05-10", "close": 9.17, "volume": 203136632, "typical_volume": 136448565.35, "trend": 11.841333, "fair_value": 10.888077, "relative_strength": -21.316673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.726715, "energy": 54.121281, "activity_lines": [ 8.819333, 9.172909, 9.699048, 10.561462 ] }, { "date": "2024-05-17", "close": 8.6, "volume": 102501149, "typical_volume": 135519734.7, "trend": 11.647333, "fair_value": 10.895128, "relative_strength": -25.84613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.232418, "energy": 47.829479, "activity_lines": [ 8.784, 8.987818, 9.53919, 10.352344 ] }, { "date": "2024-05-24", "close": 7.91, "volume": 77770420, "typical_volume": 133221907.45, "trend": 11.392333, "fair_value": 10.898397, "relative_strength": -29.481285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.547995, "energy": 52.117587, "activity_lines": [ 8.527333, 8.707273, 9.331, 10.111226 ] }, { "date": "2024-05-31", "close": 8.12, "volume": 96685406, "typical_volume": 134041809.15, "trend": 11.161667, "fair_value": 10.905128, "relative_strength": -26.964716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.656662, "energy": 50.824188, "activity_lines": [ 8.349333, 8.533636, 9.167619, 9.900108 ] }, { "date": "2024-06-07", "close": 7.16, "volume": 87502428, "typical_volume": 133495141.45, "trend": 10.929667, "fair_value": 10.905321, "relative_strength": -34.629524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.719424, "energy": 69.034982, "activity_lines": [ 7.892, 8.244182, 8.932429, 9.641935 ] }, { "date": "2024-06-14", "close": 7.54, "volume": 49596849, "typical_volume": 132491959.1, "trend": 10.673667, "fair_value": 10.903718, "relative_strength": -30.831358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.581975, "energy": 73.706796, "activity_lines": [ 7.674667, 8.073818, 8.755762, 9.423247 ] }, { "date": "2024-06-21", "close": 7.25, "volume": 58561648, "typical_volume": 131050864.95, "trend": 10.389, "fair_value": 10.901795, "relative_strength": -31.765117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.619919, "energy": 72.169072, "activity_lines": [ 7.469333, 7.885455, 8.567905, 9.202366 ] }, { "date": "2024-06-28", "close": 7.24, "volume": 71864070, "typical_volume": 129067573.05, "trend": 10.082333, "fair_value": 10.894038, "relative_strength": -29.879489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.758594, "energy": 73.976241, "activity_lines": [ 7.350667, 7.722182, 8.395571, 8.999204 ] }, { "date": "2024-07-05", "close": 7.13, "volume": 54904187, "typical_volume": 124638092.05, "trend": 9.802, "fair_value": 10.886282, "relative_strength": -29.399039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.796472, "energy": 63.536802, "activity_lines": [ 7.24, 7.553455, 8.218095, 8.808731 ] }, { "date": "2024-07-12", "close": 7.08, "volume": 69467770, "typical_volume": 116313789.35, "trend": 9.564667, "fair_value": 10.870256, "relative_strength": -30.781115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.921513, "energy": 55.905238, "activity_lines": [ 7.178667, 7.404727, 8.045952, 8.633118 ] }, { "date": "2024-07-19", "close": 6.7, "volume": 51782633, "typical_volume": 106800958.35, "trend": 9.343333, "fair_value": 10.854103, "relative_strength": -34.302836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.774806, "energy": 59.005999, "activity_lines": [ 6.996, 7.219273, 7.851762, 8.448301 ] }, { "date": "2024-07-26", "close": 7.28, "volume": 81714550, "typical_volume": 102840845.7, "trend": 9.177667, "fair_value": 10.846538, "relative_strength": -25.604578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.103465, "energy": 52.186163, "activity_lines": [ 7.062667, 7.184182, 7.731238, 8.315183 ] }, { "date": "2024-08-02", "close": 7.72, "volume": 212166355, "typical_volume": 96580474.55, "trend": 8.997667, "fair_value": 10.841026, "relative_strength": -20.410615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.482465, "energy": 38.078439, "activity_lines": [ 7.274, 7.253091, 7.666762, 8.22114 ] }, { "date": "2024-08-09", "close": 7.31, "volume": 118468763, "typical_volume": 91556550.25, "trend": 8.833333, "fair_value": 10.833077, "relative_strength": -22.983138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.278644, "energy": 34.099475, "activity_lines": [ 7.316667, 7.250909, 7.582143, 8.112258 ] }, { "date": "2024-08-16", "close": 7.39, "volume": 68900591, "typical_volume": 88445341.45, "trend": 8.684667, "fair_value": 10.82109, "relative_strength": -21.50304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.931619, "energy": 25.41739, "activity_lines": [ 7.374, 7.278, 7.524381, 8.01914 ] }, { "date": "2024-08-23", "close": 7.12, "volume": 65322900, "typical_volume": 88880710.1, "trend": 8.555667, "fair_value": 10.807115, "relative_strength": -22.562681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.698318, "energy": 26.409736, "activity_lines": [ 7.320667, 7.251818, 7.452905, 7.918194 ] }, { "date": "2024-08-30", "close": 7.36, "volume": 61662077, "typical_volume": 88288613.75, "trend": 8.444, "fair_value": 10.800128, "relative_strength": -21.316457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.131301, "energy": 25.436358, "activity_lines": [ 7.319333, 7.276909, 7.415381, 7.841054 ] }, { "date": "2024-09-06", "close": 7.18, "volume": 83444569, "typical_volume": 86933209.8, "trend": 8.404667, "fair_value": 10.786667, "relative_strength": -20.970681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.184519, "energy": 30.546038, "activity_lines": [ 7.252667, 7.267273, 7.367238, 7.759505 ] }, { "date": "2024-09-13", "close": 7.2, "volume": 74110018, "typical_volume": 86431027.4, "trend": 8.336333, "fair_value": 10.771859, "relative_strength": -18.911274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.599222, "energy": 30.590971, "activity_lines": [ 7.228667, 7.262364, 7.325095, 7.681785 ] }, { "date": "2024-09-20", "close": 7.86, "volume": 84483964, "typical_volume": 88702348.95, "trend": 8.263333, "fair_value": 10.754295, "relative_strength": -11.872758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.894227, "energy": 10.890448, "activity_lines": [ 7.432, 7.376182, 7.353095, 7.651054 ] }, { "date": "2024-09-27", "close": 8.72, "volume": 186862983, "typical_volume": 87888666.5, "trend": 8.201667, "fair_value": 10.742436, "relative_strength": -16.601467, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.738844, "energy": 16.050371, "activity_lines": [ 7.890667, 7.632182, 7.467762, 7.680516 ] }, { "date": "2024-10-04", "close": 10.22, "volume": 73474307, "typical_volume": 86437324.4, "trend": 8.200667, "fair_value": 10.736795, "relative_strength": -11.30574, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.95537, "energy": 62.301758, "activity_lines": [ 8.742667, 8.124182, 7.727429, 7.810731 ] }, { "date": "2024-10-11", "close": 9.72, "volume": 264444255, "typical_volume": 95771016.15, "trend": 8.135, "fair_value": 10.732885, "relative_strength": -11.317374, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.903552, "energy": 66.981652, "activity_lines": [ 9.237333, 8.471818, 7.931762, 7.908753 ] }, { "date": "2024-10-18", "close": 10.88, "volume": 287460457, "typical_volume": 105309768.7, "trend": 8.119333, "fair_value": 10.742244, "relative_strength": -2.925433, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.304926, "energy": 77.714392, "activity_lines": [ 9.949333, 8.994, 8.237952, 8.085849 ] }, { "date": "2024-10-25", "close": 10.54, "volume": 207719578, "typical_volume": 111320626.2, "trend": 8.140333, "fair_value": 10.731731, "relative_strength": -7.236411, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 73.39627, "energy": 85.122239, "activity_lines": [ 10.302667, 9.389455, 8.498619, 8.242022 ] }, { "date": "2024-11-01", "close": 11.2, "volume": 461605860, "typical_volume": 131921076.75, "trend": 8.198667, "fair_value": 10.708141, "relative_strength": 0.971259, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.472805, "energy": 80.220624, "activity_lines": [ 10.697333, 9.847636, 8.806048, 8.439419 ] }, { "date": "2024-11-08", "close": 12.4, "volume": 333341921, "typical_volume": 145660090.4, "trend": 8.321, "fair_value": 10.680705, "relative_strength": 5.331478, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.192341, "energy": 83.861494, "activity_lines": [ 11.326667, 10.449818, 9.210333, 8.710473 ] }, { "date": "2024-11-15", "close": 11.9, "volume": 283870830, "typical_volume": 156260428.4, "trend": 8.449667, "fair_value": 10.66391, "relative_strength": 5.772102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.507292, "energy": 67.654846, "activity_lines": [ 11.644, 10.869455, 9.542476, 8.941376 ] }, { "date": "2024-11-22", "close": 11.05, "volume": 254616877, "typical_volume": 166246062.9, "trend": 8.527, "fair_value": 10.643846, "relative_strength": 2.118576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.548162, "energy": 55.377863, "activity_lines": [ 11.532667, 11.048727, 9.771476, 9.10914 ] }, { "date": "2024-11-29", "close": 11.06, "volume": 142044153, "typical_volume": 169874882.05, "trend": 8.600333, "fair_value": 10.630641, "relative_strength": 1.730968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.463908, "energy": 49.872308, "activity_lines": [ 11.413333, 11.159818, 9.982762, 9.272559 ] }, { "date": "2024-12-06", "close": 11.41, "volume": 155457922, "typical_volume": 175058646.5, "trend": 8.675, "fair_value": 10.595256, "relative_strength": 4.262876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.19888, "energy": 43.057255, "activity_lines": [ 11.376, 11.276364, 10.208429, 9.453828 ] }, { "date": "2024-12-13", "close": 11.71, "volume": 201401537, "typical_volume": 181042995.85, "trend": 8.778667, "fair_value": 10.567436, "relative_strength": 8.595827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.864954, "energy": 39.562514, "activity_lines": [ 11.424667, 11.398545, 10.440238, 9.649634 ] }, { "date": "2024-12-20", "close": 11.16, "volume": 114992788, "typical_volume": 176184317.5, "trend": 8.887, "fair_value": 10.549744, "relative_strength": 4.888998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.716302, "energy": 31.644648, "activity_lines": [ 11.336, 11.393636, 10.598571, 9.803269 ] }, { "date": "2024-12-27", "close": 9.88, "volume": 107826677, "typical_volume": 175652213.2, "trend": 8.945667, "fair_value": 10.521218, "relative_strength": -6.535342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.488772, "energy": 23.128177, "activity_lines": [ 10.87, 11.129818, 10.618619, 9.867333 ] }, { "date": "2025-01-03", "close": 8.45, "volume": 70337575, "typical_volume": 175724062.4, "trend": 8.988667, "fair_value": 10.489872, "relative_strength": -13.01829, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.406229, "energy": 13.576855, "activity_lines": [ 10.005333, 10.624182, 10.490238, 9.835355 ] }, { "date": "2025-01-10", "close": 8.1, "volume": 81603350, "typical_volume": 176538084.9, "trend": 9.007333, "fair_value": 10.451795, "relative_strength": -14.899978, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -10.012128, "energy": 25.439885, "activity_lines": [ 9.198, 10.092909, 10.323476, 9.778022 ] }, { "date": "2025-01-17", "close": 8.72, "volume": 77771341, "typical_volume": 177343548.1, "trend": 9.056333, "fair_value": 10.419872, "relative_strength": -10.870596, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -21.198185, "energy": 34.676534, "activity_lines": [ 8.818, 9.730727, 10.211095, 9.759484 ] }, { "date": "2025-01-24", "close": 9.13, "volume": 88996164, "typical_volume": 177621127.85, "trend": 9.119333, "fair_value": 10.399295, "relative_strength": -7.197221, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.487322, "energy": 42.26068, "activity_lines": [ 8.774, 9.51, 10.131286, 9.764237 ] }, { "date": "2025-01-31", "close": 8.96, "volume": 20711900, "typical_volume": 174951221.95, "trend": 9.180333, "fair_value": 10.379038, "relative_strength": -7.06387, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.04961, "energy": 50.096662, "activity_lines": [ 8.808667, 9.308727, 10.026, 9.753957 ] }, { "date": "2025-02-07", "close": 10.02, "volume": 97242948, "typical_volume": 175589171.15, "trend": 9.278333, "fair_value": 10.371923, "relative_strength": -0.012879, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.40066, "energy": 17.78207, "activity_lines": [ 9.258, 9.338182, 10.013286, 9.808129 ] }, { "date": "2025-02-14", "close": 10.65, "volume": 165061180, "typical_volume": 174499081.0, "trend": 9.41, "fair_value": 10.369231, "relative_strength": 4.681922, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 37.212779, "energy": 22.839968, "activity_lines": [ 9.812667, 9.501091, 10.050286, 9.896624 ] }, { "date": "2025-02-21", "close": 11.18, "volume": 184772959, "typical_volume": 180064013.6, "trend": 9.54, "fair_value": 10.365064, "relative_strength": 7.67183, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 53.631797, "energy": 38.108214, "activity_lines": [ 10.374, 9.774182, 10.128571, 10.010817 ] }, { "date": "2025-02-28", "close": 10.12, "volume": 172525910, "typical_volume": 175468096.35, "trend": 9.62, "fair_value": 10.362244, "relative_strength": 1.298277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.915328, "energy": 34.920431, "activity_lines": [ 10.418, 9.864182, 10.101333, 10.048237 ] }, { "date": "2025-03-07", "close": 11.02, "volume": 152674333, "typical_volume": 168728790.15, "trend": 9.743667, "fair_value": 10.358974, "relative_strength": 8.113775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.623073, "energy": 38.780173, "activity_lines": [ 10.696, 10.136727, 10.157905, 10.138559 ] }, { "date": "2025-03-14", "close": 10.78, "volume": 117554943, "typical_volume": 164220558.4, "trend": 9.856667, "fair_value": 10.352564, "relative_strength": 4.965677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.851851, "energy": 36.544808, "activity_lines": [ 10.756667, 10.344909, 10.190952, 10.205419 ] }, { "date": "2025-03-21", "close": 10.08, "volume": 84478730, "typical_volume": 145364201.9, "trend": 9.955333, "fair_value": 10.340641, "relative_strength": 1.32683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.36094, "energy": 23.710362, "activity_lines": [ 10.533333, 10.383455, 10.15619, 10.219828 ] }, { "date": "2025-03-28", "close": 9.18, "volume": 77871988, "typical_volume": 132590705.25, "trend": 10.016, "fair_value": 10.3225, "relative_strength": -6.658384, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.307337, "energy": 2.542022, "activity_lines": [ 10.048, 10.222364, 10.041048, 10.169806 ] }, { "date": "2025-04-04", "close": 6.57, "volume": 219263748, "typical_volume": 129360351.15, "trend": 9.995667, "fair_value": 10.294103, "relative_strength": -31.130783, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.318613, "energy": 73.439461, "activity_lines": [ 8.826, 9.578364, 9.692667, 9.947484 ] }, { "date": "2025-04-11", "close": 6.26, "volume": 195337629, "typical_volume": 126396388.75, "trend": 9.964333, "fair_value": 10.265641, "relative_strength": -30.385149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.161561, "energy": 89.007297, "activity_lines": [ 7.737333, 8.924545, 9.340143, 9.706473 ] }, { "date": "2025-04-18", "close": 6.01, "volume": 100948695, "typical_volume": 124341615.85, "trend": 9.902667, "fair_value": 10.237308, "relative_strength": -32.446546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.170525, "energy": 93.876362, "activity_lines": [ 6.882667, 8.274364, 8.986619, 9.451355 ] }, { "date": "2025-04-25", "close": 5.92, "volume": 91928660, "typical_volume": 121165152.75, "trend": 9.809333, "fair_value": 10.210256, "relative_strength": -33.911897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.630812, "energy": 92.207906, "activity_lines": [ 6.316, 7.680727, 8.648571, 9.194409 ] }, { "date": "2025-05-02", "close": 7.16, "volume": 90660787, "typical_volume": 115628115.25, "trend": 9.707333, "fair_value": 10.195962, "relative_strength": -19.585962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.689964, "energy": 87.291062, "activity_lines": [ 6.44, 7.398545, 8.454762, 9.023484 ] }, { "date": "2025-05-09", "close": 7.47, "volume": 372863082, "typical_volume": 128521629.95, "trend": 9.632333, "fair_value": 10.185833, "relative_strength": -17.624498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.635161, "energy": 61.70413, "activity_lines": [ 6.802, 7.245818, 8.312143, 8.87914 ] }, { "date": "2025-05-16", "close": 7.48, "volume": 220308976, "typical_volume": 134145744.9, "trend": 9.519, "fair_value": 10.184551, "relative_strength": -17.674965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.676197, "energy": 48.102076, "activity_lines": [ 7.107333, 7.143091, 8.188048, 8.74028 ] }, { "date": "2025-05-23", "close": 7.48, "volume": 226558109, "typical_volume": 141956771.6, "trend": 9.417, "fair_value": 10.185962, "relative_strength": -17.111056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.087054, "energy": 32.213485, "activity_lines": [ 7.331333, 7.104727, 8.075381, 8.608731 ] }, { "date": "2025-05-30", "close": 8.45, "volume": 322430097, "typical_volume": 153998108.95, "trend": 9.325333, "fair_value": 10.19141, "relative_strength": -5.454026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.03107, "energy": 25.314884, "activity_lines": [ 7.780667, 7.302727, 8.059714, 8.546344 ] }, { "date": "2025-06-06", "close": 7.92, "volume": 201311936, "typical_volume": 160175138.7, "trend": 9.176, "fair_value": 10.192372, "relative_strength": -12.636892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.473845, "energy": 23.708691, "activity_lines": [ 7.884667, 7.434, 7.991905, 8.455677 ] }, { "date": "2025-06-13", "close": 7.39, "volume": 163940981, "typical_volume": 163922379.55, "trend": 9.025667, "fair_value": 10.188526, "relative_strength": -17.836549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.86909, "energy": 21.808389, "activity_lines": [ 7.761333, 7.491818, 7.877429, 8.340452 ] }, { "date": "2025-06-20", "close": 7.47, "volume": 156430022, "typical_volume": 170708285.65, "trend": 8.906333, "fair_value": 10.185641, "relative_strength": -15.878399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.163666, "energy": 19.363434, "activity_lines": [ 7.67, 7.549273, 7.778857, 8.240086 ] }, { "date": "2025-06-27", "close": 7.89, "volume": 162233320, "typical_volume": 173957804.25, "trend": 8.800667, "fair_value": 10.184359, "relative_strength": -14.238658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.184721, "energy": 19.243439, "activity_lines": [ 7.719333, 7.661091, 7.727381, 8.174516 ] }, { "date": "2025-07-04", "close": 7.77, "volume": 120079409, "typical_volume": 171708715.7, "trend": 8.679333, "fair_value": 10.182628, "relative_strength": -16.443425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.359203, "energy": 21.091738, "activity_lines": [ 7.701333, 7.716909, 7.674619, 8.108022 ] }, { "date": "2025-07-11", "close": 8.06, "volume": 141393252, "typical_volume": 169539730.35, "trend": 8.557667, "fair_value": 10.181218, "relative_strength": -14.757561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.356343, "energy": 12.973769, "activity_lines": [ 7.825333, 7.791818, 7.66319, 8.068065 ] }, { "date": "2025-07-18", "close": 8.1, "volume": 165416092, "typical_volume": 169184239.45, "trend": 8.455667, "fair_value": 10.17891, "relative_strength": -16.024696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.388542, "energy": 11.563044, "activity_lines": [ 7.953333, 7.857636, 7.670429, 8.038538 ] }, { "date": "2025-07-25", "close": 8.14, "volume": 135376696, "typical_volume": 168319357.6, "trend": 8.397667, "fair_value": 10.17609, "relative_strength": -17.319408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.733057, "energy": 10.50256, "activity_lines": [ 8.047333, 7.919273, 7.691095, 8.018172 ] }, { "date": "2025-08-01", "close": 8.25, "volume": 205500750, "typical_volume": 172716647.95, "trend": 8.391, "fair_value": 10.174679, "relative_strength": -14.570838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.280624, "energy": 13.181205, "activity_lines": [ 8.133333, 7.988909, 7.735952, 8.008645 ] }, { "date": "2025-08-08", "close": 8.43, "volume": 235608575, "typical_volume": 180273140.2, "trend": 8.402, "fair_value": 10.178718, "relative_strength": -13.569794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.67766, "energy": 19.992245, "activity_lines": [ 8.255333, 8.077273, 7.81, 8.011161 ] }, { "date": "2025-08-15", "close": 8.35, "volume": 204620176, "typical_volume": 186610549.6, "trend": 8.389667, "fair_value": 10.177051, "relative_strength": -17.811431, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.329517, "energy": 19.17465, "activity_lines": [ 8.306667, 8.151455, 7.884286, 8.007806 ] }, { "date": "2025-08-22", "close": 8.75, "volume": 212379147, "typical_volume": 186266319.55, "trend": 8.377, "fair_value": 10.177821, "relative_strength": -17.36125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.742928, "energy": 37.696105, "activity_lines": [ 8.472, 8.290545, 8.000619, 8.031054 ] }, { "date": "2025-08-29", "close": 9.36, "volume": 465990987, "typical_volume": 199798987.45, "trend": 8.390333, "fair_value": 10.180577, "relative_strength": -15.019943, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.949577, "energy": 56.426321, "activity_lines": [ 8.797333, 8.515818, 8.164667, 8.094473 ] }, { "date": "2025-09-05", "close": 8.37, "volume": 230470215, "typical_volume": 206275063.45, "trend": 8.335333, "fair_value": 10.176603, "relative_strength": -22.998326, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.614239, "energy": 37.761584, "activity_lines": [ 8.711333, 8.526727, 8.219667, 8.093161 ] }, { "date": "2025-09-12", "close": 8.36, "volume": 134657513, "typical_volume": 208411506.1, "trend": 8.259, "fair_value": 10.174936, "relative_strength": -24.647338, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.800162, "energy": 32.097018, "activity_lines": [ 8.614, 8.527091, 8.262476, 8.094753 ] }, { "date": "2025-09-19", "close": 7.86, "volume": 135934549, "typical_volume": 210675194.2, "trend": 8.148333, "fair_value": 10.176538, "relative_strength": -29.360664, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.803014, "energy": 8.45129, "activity_lines": [ 8.354667, 8.425818, 8.246048, 8.069011 ] }, { "date": "2025-09-26", "close": 5.8, "volume": 202093970, "typical_volume": 202136738.6, "trend": 8.004333, "fair_value": 10.163462, "relative_strength": -47.857106, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.282928, "energy": 40.549942, "activity_lines": [ 7.441333, 7.953636, 8.030095, 7.917505 ] }, { "date": "2025-10-03", "close": 6.38, "volume": 66779445, "typical_volume": 194460262.05, "trend": 7.849667, "fair_value": 10.154423, "relative_strength": -43.343651, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.245915, "energy": 58.253652, "activity_lines": [ 6.918, 7.628727, 7.877333, 7.81271 ] }, { "date": "2025-10-10", "close": 6.35, "volume": 59715767, "typical_volume": 186118144.95, "trend": 7.702, "fair_value": 10.1475, "relative_strength": -42.232919, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.25884, "energy": 64.218774, "activity_lines": [ 6.583333, 7.330364, 7.726952, 7.715957 ] }, { "date": "2025-10-17", "close": 6.64, "volume": 113574683, "typical_volume": 175675374.25, "trend": 7.587333, "fair_value": 10.144167, "relative_strength": -35.629165, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.098586, "energy": 66.780249, "activity_lines": [ 6.48, 7.119273, 7.609571, 7.647441 ] }, { "date": "2025-10-24", "close": 6.77, "volume": 82302881, "typical_volume": 169724921.5, "trend": 7.507, "fair_value": 10.144359, "relative_strength": -36.608921, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.942935, "energy": 57.800643, "activity_lines": [ 6.534667, 6.964364, 7.51319, 7.59471 ] }, { "date": "2025-10-31", "close": 6.62, "volume": 75444383, "typical_volume": 165300091.6, "trend": 7.508667, "fair_value": 10.139103, "relative_strength": -37.564837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.239412, "energy": 34.639654, "activity_lines": [ 6.612, 6.810909, 7.408, 7.537484 ] }, { "date": "2025-11-07", "close": 6.65, "volume": 61569085, "typical_volume": 160557044.75, "trend": 7.521667, "fair_value": 10.131667, "relative_strength": -36.454871, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.966453, "energy": 38.49178, "activity_lines": [ 6.644667, 6.701636, 7.309333, 7.482086 ] }, { "date": "2025-11-14", "close": 6.51, "volume": 55128570, "typical_volume": 155201807.25, "trend": 7.538333, "fair_value": 10.108846, "relative_strength": -35.937965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.444631, "energy": 38.061309, "activity_lines": [ 6.612667, 6.616182, 7.201238, 7.416817 ] }, { "date": "2025-11-21", "close": 6.45, "volume": 77496476, "typical_volume": 153072660.6, "trend": 7.556, "fair_value": 10.083013, "relative_strength": -32.173322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.384772, "energy": 38.423652, "activity_lines": [ 6.55, 6.553636, 7.094, 7.346602 ] }, { "date": "2025-11-28", "close": 6.63, "volume": 59863695, "typical_volume": 148996182.75, "trend": 7.538333, "fair_value": 10.059487, "relative_strength": -31.755495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.391988, "energy": 34.623798, "activity_lines": [ 6.56, 6.558545, 7.01019, 7.28686 ] }, { "date": "2025-12-05", "close": 6.66, "volume": 68836564, "typical_volume": 144167206.35, "trend": 7.511333, "fair_value": 10.023974, "relative_strength": -31.327602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.94669, "energy": 38.709272, "activity_lines": [ 6.589333, 6.591273, 6.936048, 7.230194 ] }, { "date": "2025-12-12", "close": 6.8, "volume": 71000191, "typical_volume": 140948381.1, "trend": 7.488667, "fair_value": 9.996154, "relative_strength": -29.401365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.926198, "energy": 28.5405, "activity_lines": [ 6.662667, 6.633818, 6.882095, 7.184301 ] }, { "date": "2025-12-19", "close": 6.59, "volume": 74623537, "typical_volume": 134404520.45, "trend": 7.459, "fair_value": 9.9625, "relative_strength": -29.952872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.050358, "energy": 26.323774, "activity_lines": [ 6.656, 6.630545, 6.814524, 7.126323 ] }, { "date": "2025-12-26", "close": 7.12, "volume": 120562200, "typical_volume": 128652201.7, "trend": 7.414667, "fair_value": 9.940513, "relative_strength": -26.098016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.728172, "energy": 19.399706, "activity_lines": [ 6.820667, 6.719273, 6.805333, 7.104452 ] }, { "date": "2026-01-02", "close": 6.81, "volume": 65563106, "typical_volume": 121699348.2, "trend": 7.377667, "fair_value": 9.917372, "relative_strength": -28.220751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.1686, "energy": 18.024006, "activity_lines": [ 6.837333, 6.742909, 6.772857, 7.065441 ] }, { "date": "2026-01-09", "close": 7.27, "volume": 106590966, "typical_volume": 116409939.15, "trend": 7.373667, "fair_value": 9.90141, "relative_strength": -25.96867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.223312, "energy": 11.385272, "activity_lines": [ 6.995333, 6.849455, 6.791524, 7.058495 ] }, { "date": "2026-01-16", "close": 7.22, "volume": 158881932, "typical_volume": 101054486.4, "trend": 7.365333, "fair_value": 9.886026, "relative_strength": -26.590611, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.185665, "energy": 14.896607, "activity_lines": [ 7.096, 6.935091, 6.812476, 7.048581 ] }, { "date": "2026-01-23", "close": 7.29, "volume": 68950981, "typical_volume": 92978524.7, "trend": 7.345333, "fair_value": 9.858013, "relative_strength": -25.902153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.57243, "energy": 15.507747, "activity_lines": [ 7.192, 7.023091, 6.850286, 7.04372 ] }, { "date": "2026-01-30", "close": 6.68, "volume": 71230658, "typical_volume": 89807181.95, "trend": 7.309, "fair_value": 9.831346, "relative_strength": -30.17307, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.868036, "energy": 15.019094, "activity_lines": [ 7.038, 6.986, 6.835143, 7.000796 ] }, { "date": "2026-02-06", "close": 6.69, "volume": 50568797, "typical_volume": 85538894.35, "trend": 7.263333, "fair_value": 9.800385, "relative_strength": -27.599962, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.079872, "energy": 13.731438, "activity_lines": [ 6.916667, 6.946545, 6.828952, 6.96086 ] }, { "date": "2026-02-13", "close": 6.61, "volume": 45295692, "typical_volume": 77698980.45, "trend": 7.213667, "fair_value": 9.765192, "relative_strength": -28.365038, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.345818, "energy": 23.215206, "activity_lines": [ 6.776667, 6.891455, 6.820714, 6.91871 ] }, { "date": "2026-02-27", "close": 6.73, "volume": 31969943, "typical_volume": 75958505.35, "trend": 7.166667, "fair_value": 9.731923, "relative_strength": -27.879869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.347323, "energy": 27.534038, "activity_lines": [ 6.720667, 6.859091, 6.820048, 6.887505 ] }, { "date": "2026-03-06", "close": 6.26, "volume": 55241550, "typical_volume": 75734794.5, "trend": 7.100333, "fair_value": 9.69891, "relative_strength": -30.324531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.18065, "energy": 47.621772, "activity_lines": [ 6.540667, 6.742545, 6.772952, 6.829011 ] }, { "date": "2026-03-13", "close": 6.19, "volume": 37191958, "typical_volume": 71915658.25, "trend": 7.025667, "fair_value": 9.657821, "relative_strength": -30.394808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.442052, "energy": 60.395487, "activity_lines": [ 6.406, 6.619273, 6.719619, 6.77028 ] }, { "date": "2026-03-20", "close": 5.79, "volume": 40592016, "typical_volume": 69830115.0, "trend": 6.940333, "fair_value": 9.609744, "relative_strength": -31.756705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.075188, "energy": 71.727218, "activity_lines": [ 6.170667, 6.440182, 6.630333, 6.690559 ] }, { "date": "2026-03-27", "close": 5.74, "volume": 50180392, "typical_volume": 68566915.45, "trend": 6.84, "fair_value": 9.562051, "relative_strength": -30.679681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.527731, "energy": 76.309131, "activity_lines": [ 5.978667, 6.270545, 6.540952, 6.613118 ] }, { "date": "2026-04-03", "close": 5.41, "volume": 34864520, "typical_volume": 67231687.2, "trend": 6.708333, "fair_value": 9.512308, "relative_strength": -31.666103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.473128, "energy": 83.572496, "activity_lines": [ 5.734667, 6.068727, 6.424333, 6.52086 ] }, { "date": "2026-04-10", "close": 5.56, "volume": 30419708, "typical_volume": 65996244.1, "trend": 6.614667, "fair_value": 9.463654, "relative_strength": -33.940624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.37236, "energy": 82.384745, "activity_lines": [ 5.628667, 5.927091, 6.327905, 6.446774 ] }, { "date": "2026-04-17", "close": 5.6, "volume": 31571900, "typical_volume": 63700015.3, "trend": 6.522667, "fair_value": 9.420256, "relative_strength": -35.490678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.361439, "energy": 80.085023, "activity_lines": [ 5.582667, 5.824182, 6.23981, 6.381312 ] }, { "date": "2026-04-24", "close": 5.15, "volume": 50774092, "typical_volume": 63245535.15, "trend": 6.432333, "fair_value": 9.368718, "relative_strength": -40.36197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.733847, "energy": 88.468909, "activity_lines": [ 5.426, 5.659091, 6.112905, 6.292753 ] }, { "date": "2026-05-01", "close": 5.61, "volume": 55709758, "typical_volume": 62589194.85, "trend": 6.426, "fair_value": 9.322885, "relative_strength": -35.268373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.607969, "energy": 64.072142, "activity_lines": [ 5.465333, 5.605636, 6.036857, 6.239699 ] }, { "date": "2026-05-08", "close": 5.84, "volume": 27777622, "typical_volume": 60428066.4, "trend": 6.408, "fair_value": 9.286538, "relative_strength": -33.817766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.137455, "energy": 49.555734, "activity_lines": [ 5.59, 5.612182, 5.987714, 6.201892 ] }, { "date": "2026-05-15", "close": 5.78, "volume": 41179250, "typical_volume": 58755852.05, "trend": 6.389, "fair_value": 9.253269, "relative_strength": -33.663496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.243032, "energy": 39.830783, "activity_lines": [ 5.666, 5.624, 5.937429, 6.161376 ] }, { "date": "2026-05-22", "close": 5.82, "volume": 45340000, "typical_volume": 54994742.05, "trend": 6.361667, "fair_value": 9.215321, "relative_strength": -32.520092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.658052, "energy": 25.557614, "activity_lines": [ 5.740667, 5.651818, 5.89481, 6.124667 ] }, { "date": "2026-05-29", "close": 5.42, "volume": 42404900, "typical_volume": 53836831.75, "trend": 6.316667, "fair_value": 9.175128, "relative_strength": -36.202619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.540814, "energy": 30.32679, "activity_lines": [ 5.667333, 5.613636, 5.820286, 6.063914 ] }, { "date": "2026-06-05", "close": 5.35, "volume": 5794200, "typical_volume": 48796993.45, "trend": 6.274333, "fair_value": 9.136987, "relative_strength": -34.824609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.668515, "energy": 42.396655, "activity_lines": [ 5.552667, 5.569455, 5.745714, 6.001548 ] }, { "date": "2026-06-12", "close": 5.07, "volume": 5341425, "typical_volume": 41119968.1, "trend": 6.221667, "fair_value": 9.101282, "relative_strength": -35.774302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.236141, "energy": 57.22079, "activity_lines": [ 5.362, 5.481455, 5.653619, 5.923849 ] }, { "date": "2026-06-19", "close": 5.1, "volume": 23394287, "typical_volume": 38842133.4, "trend": 6.174667, "fair_value": 9.0575, "relative_strength": -38.776217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.432712, "energy": 74.933831, "activity_lines": [ 5.232667, 5.405091, 5.574619, 5.851484 ] }, { "date": "2026-06-26", "close": 4.44, "volume": 10006400, "typical_volume": 35780920.5, "trend": 6.107667, "fair_value": 9.008782, "relative_strength": -44.911498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.304968, "energy": 91.131258, "activity_lines": [ 4.928667, 5.217091, 5.44319, 5.73957 ] }, { "date": "2026-07-03", "close": 4.77, "volume": 5546800, "typical_volume": 33529820.65, "trend": 6.045667, "fair_value": 8.960192, "relative_strength": -39.07369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.663787, "energy": 86.107216, "activity_lines": [ 4.826667, 5.110182, 5.353857, 5.653269 ] }, { "date": "2026-07-10", "close": 4.78, "volume": 40038300, "typical_volume": 33266951.05, "trend": 5.983, "fair_value": 8.912628, "relative_strength": -35.671527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.32974, "energy": 79.943419, "activity_lines": [ 4.771333, 5.012, 5.274619, 5.571613 ] }, { "date": "2026-07-17", "close": 4.45, "volume": 32820349, "typical_volume": 33309471.35, "trend": 5.904667, "fair_value": 8.861923, "relative_strength": -33.142238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.567772, "energy": 80.94962, "activity_lines": [ 4.644, 4.868909, 5.172667, 5.47271 ] }, { "date": "2026-07-24", "close": 4.18, "volume": 32692449, "typical_volume": 32182016.3, "trend": 5.824333, "fair_value": 8.800769, "relative_strength": -36.402911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.758789, "energy": 80.047809, "activity_lines": [ 4.468, 4.702, 5.055857, 5.361441 ] }, { "date": "2026-07-31", "close": 4.5, "volume": 33780800, "typical_volume": 32011458.4, "trend": 5.737, "fair_value": 8.742756, "relative_strength": -29.416573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.276351, "energy": 67.010388, "activity_lines": [ 4.46, 4.622364, 4.979429, 5.276 ] }, { "date": "2026-08-07", "close": 4.95, "volume": 46258546, "typical_volume": 32294784.9, "trend": 5.675, "fair_value": 8.696731, "relative_strength": -25.088228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.64536, "energy": 54.265985, "activity_lines": [ 4.598, 4.648545, 4.953905, 5.225226 ] } ], "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." } } }