{ "ticker": { "uuid": "0480691c-06ed-4739-8c8e-943903f95f1f", "symbol": "600863", "name": "Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 51.188, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": -22.916, "architecture_energy": 18.793, "architecture_maturity": 14.951, "architecture_confidence": 53.687, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.9, "rotation_up": 24.48, "upward_expansion": 12.84, "deceleration": 62.01, "rotation_down": 44.51, "downward_expansion": 40.84 }, "activity_lines": [ 4.705637, 4.737532, 4.993402, 5.028203 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 4.72, "trend_reference": 5.018367, "distance_from_trend": -0.059455, "trend_direction": "Improving", "fair_value": 4.144368, "distance_from_fair_value": 0.138895, "fair_value_direction": "Weakening", "relative_strength": 0.708615, "relative_strength_direction": "Improving", "price_momentum": -0.030801, "excess_performance": 0.012403, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.059455, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.024784, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.138895, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.070865, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007086, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.003131, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030801, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.762816, "read": "Demand-led" } ], "volume": { "latest": 585143777, "relative_activity": 0.862568, "balance": 1.762816, "dry_up": 1.425981, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.158996, "annualized_volatility": 0.643812, "from_high_reference": -0.354309, "from_low_reference": 0.191919 }, "levels": { "trend_reference": 5.018367, "fair_value_reference": 4.144368, "structural_low": 4.071049, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.01373, "positive_rate": 0.764706, "directional_follow_through": 0.764706, "median_excess_return": -0.000719, "regime_survival": 0.352941, "best_return": 0.452586, "worst_return": -0.211734, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.055494, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.062187, "regime_survival": 0.0, "best_return": 0.813853, "worst_return": -0.069333, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.15035, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.090501, "regime_survival": 0.0, "best_return": 0.528139, "worst_return": -0.038462, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.162177, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.104484, "regime_survival": 0.25, "best_return": 0.679653, "worst_return": -0.013488, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.052632, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": 0.002222, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.059496, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.002404, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-05-02", "tenure": "Developing", "return": -0.033898, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-13", "tenure": "Developing", "return": 0.034314, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.041162, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-04-10", "tenure": "Extended", "return": 0.201923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-05-29", "tenure": "Developing", "return": 0.573276, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.257573, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.008695, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.057135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.203266, "volume": 398424174, "typical_volume": 411477947.0, "trend": 3.256619, "fair_value": 2.751395, "relative_strength": -4.484273, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.56181, "energy": 19.222942, "activity_lines": [ 3.323149, 3.416299, 3.428798, 3.352814 ] }, { "date": "2023-08-04", "close": 3.212366, "volume": 449326744, "typical_volume": 422315442.4, "trend": 3.262576, "fair_value": 2.759232, "relative_strength": -4.518565, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.816722, "energy": 33.313772, "activity_lines": [ 3.260149, 3.369215, 3.415787, 3.349959 ] }, { "date": "2023-08-11", "close": 3.139565, "volume": 261257081, "typical_volume": 422994048.25, "trend": 3.263498, "fair_value": 2.766505, "relative_strength": -3.802294, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.317547, "energy": 52.149481, "activity_lines": [ 3.199214, 3.316234, 3.395075, 3.342022 ] }, { "date": "2023-08-18", "close": 3.203266, "volume": 323513568, "typical_volume": 426950317.2, "trend": 3.270311, "fair_value": 2.774008, "relative_strength": -0.245156, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.32751, "energy": 53.221561, "activity_lines": [ 3.185484, 3.281443, 3.379511, 3.338136 ] }, { "date": "2023-08-25", "close": 3.121364, "volume": 247882692, "typical_volume": 431199519.45, "trend": 3.272655, "fair_value": 2.780883, "relative_strength": -0.741227, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.879948, "energy": 54.457988, "activity_lines": [ 3.164438, 3.238003, 3.354636, 3.328527 ] }, { "date": "2023-09-01", "close": 3.075864, "volume": 305248997, "typical_volume": 432510060.45, "trend": 3.272034, "fair_value": 2.786899, "relative_strength": -4.170257, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.697294, "energy": 51.205995, "activity_lines": [ 3.131071, 3.19228, 3.32414, 3.315831 ] }, { "date": "2023-09-08", "close": 3.157765, "volume": 328107598, "typical_volume": 398047498.1, "trend": 3.271535, "fair_value": 2.793544, "relative_strength": -1.022988, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.999829, "energy": 35.473568, "activity_lines": [ 3.133498, 3.170797, 3.300995, 3.308459 ] }, { "date": "2023-09-15", "close": 3.194166, "volume": 310713543, "typical_volume": 370381149.4, "trend": 3.276885, "fair_value": 2.800474, "relative_strength": 0.133613, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.606896, "energy": 32.371412, "activity_lines": [ 3.151698, 3.164106, 3.281885, 3.303467 ] }, { "date": "2023-09-22", "close": 3.166866, "volume": 259381997, "typical_volume": 369372446.4, "trend": 3.281036, "fair_value": 2.807331, "relative_strength": -0.892008, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.110445, "energy": 29.32034, "activity_lines": [ 3.157159, 3.158541, 3.261646, 3.296369 ] }, { "date": "2023-09-29", "close": 3.203266, "volume": 202251862, "typical_volume": 350720065.0, "trend": 3.283503, "fair_value": 2.814165, "relative_strength": 1.148829, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.394491, "energy": 18.582605, "activity_lines": [ 3.177179, 3.165707, 3.24693, 3.291352 ] }, { "date": "2023-10-13", "close": 3.230567, "volume": 306573778, "typical_volume": 346808821.95, "trend": 3.289487, "fair_value": 2.821019, "relative_strength": 2.921369, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.410523, "energy": 21.323877, "activity_lines": [ 3.20084, 3.177124, 3.236613, 3.287936 ] }, { "date": "2023-10-20", "close": 3.112264, "volume": 245809619, "typical_volume": 342001426.6, "trend": 3.291528, "fair_value": 2.827732, "relative_strength": 2.716359, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.171494, "energy": 27.711594, "activity_lines": [ 3.174752, 3.166535, 3.216742, 3.276503 ] }, { "date": "2023-10-27", "close": 3.285168, "volume": 312728812, "typical_volume": 332107734.8, "trend": 3.302809, "fair_value": 2.835606, "relative_strength": 7.499379, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.993664, "energy": 17.895473, "activity_lines": [ 3.209333, 3.189202, 3.215736, 3.276092 ] }, { "date": "2023-11-03", "close": 3.239667, "volume": 204838253, "typical_volume": 324779637.8, "trend": 3.314602, "fair_value": 2.842981, "relative_strength": 5.602869, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.465431, "energy": 17.284738, "activity_lines": [ 3.22268, 3.20095, 3.211434, 3.272019 ] }, { "date": "2023-11-10", "close": 3.239667, "volume": 209857129, "typical_volume": 320677650.35, "trend": 3.327554, "fair_value": 2.849894, "relative_strength": 5.321223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.829415, "energy": 11.991946, "activity_lines": [ 3.231173, 3.212036, 3.208594, 3.267184 ] }, { "date": "2023-11-17", "close": 3.312469, "volume": 431394715, "typical_volume": 328846155.2, "trend": 3.338586, "fair_value": 2.85753, "relative_strength": 7.092486, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.587437, "energy": 12.558574, "activity_lines": [ 3.261508, 3.234207, 3.213693, 3.266211 ] }, { "date": "2023-11-24", "close": 3.35797, "volume": 313632298, "typical_volume": 319397780.25, "trend": 3.341283, "fair_value": 2.865819, "relative_strength": 8.941704, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.964997, "energy": 15.812642, "activity_lines": [ 3.301549, 3.260349, 3.224446, 3.267462 ] }, { "date": "2023-12-01", "close": 3.530873, "volume": 363550734, "typical_volume": 318379215.15, "trend": 3.342211, "fair_value": 2.875061, "relative_strength": 14.647569, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.25375, "energy": 54.855355, "activity_lines": [ 3.382844, 3.314289, 3.252855, 3.279693 ] }, { "date": "2023-12-08", "close": 3.576374, "volume": 347557576, "typical_volume": 316769164.4, "trend": 3.341468, "fair_value": 2.884595, "relative_strength": 18.20921, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.19977, "energy": 68.89649, "activity_lines": [ 3.462925, 3.370379, 3.285588, 3.2948 ] }, { "date": "2023-12-15", "close": 3.494472, "volume": 288070738, "typical_volume": 305506095.4, "trend": 3.338575, "fair_value": 2.893347, "relative_strength": 16.25866, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.911481, "energy": 68.417051, "activity_lines": [ 3.493259, 3.404132, 3.310172, 3.304672 ] }, { "date": "2023-12-22", "close": 3.549073, "volume": 298927741, "typical_volume": 300531273.75, "trend": 3.337211, "fair_value": 2.9025, "relative_strength": 18.666403, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.04616, "energy": 71.695513, "activity_lines": [ 3.524806, 3.442518, 3.338382, 3.318252 ] }, { "date": "2023-12-29", "close": 3.549073, "volume": 433666959, "typical_volume": 299748284.5, "trend": 3.334979, "fair_value": 2.911859, "relative_strength": 15.803522, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.043348, "energy": 65.432662, "activity_lines": [ 3.54058, 3.475114, 3.364946, 3.331921 ] }, { "date": "2024-01-05", "close": 3.758378, "volume": 478968266, "typical_volume": 310633843.75, "trend": 3.34349, "fair_value": 2.922818, "relative_strength": 23.799361, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.047295, "energy": 75.645241, "activity_lines": [ 3.613381, 3.537822, 3.409841, 3.359237 ] }, { "date": "2024-01-12", "close": 3.703777, "volume": 367274133, "typical_volume": 312821872.0, "trend": 3.348732, "fair_value": 2.933272, "relative_strength": 23.305447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.015873, "energy": 73.665116, "activity_lines": [ 3.652816, 3.582, 3.446588, 3.382481 ] }, { "date": "2024-01-19", "close": 3.576374, "volume": 428345076, "typical_volume": 321844991.2, "trend": 3.352915, "fair_value": 2.942703, "relative_strength": 20.536659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.32405, "energy": 54.967603, "activity_lines": [ 3.641289, 3.594574, 3.468818, 3.397168 ] }, { "date": "2024-01-26", "close": 3.721977, "volume": 383559404, "typical_volume": 325760511.55, "trend": 3.357315, "fair_value": 2.953325, "relative_strength": 21.326108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.513593, "energy": 57.373288, "activity_lines": [ 3.672836, 3.6275, 3.502749, 3.420978 ] }, { "date": "2024-02-02", "close": 3.640075, "volume": 406358790, "typical_volume": 329673071.15, "trend": 3.358406, "fair_value": 2.963576, "relative_strength": 25.568981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.834198, "energy": 46.158065, "activity_lines": [ 3.665556, 3.63809, 3.525803, 3.439221 ] }, { "date": "2024-02-09", "close": 3.767478, "volume": 489032213, "typical_volume": 338589004.65, "trend": 3.366351, "fair_value": 2.975005, "relative_strength": 22.991769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.769521, "energy": 46.525756, "activity_lines": [ 3.694676, 3.666714, 3.558694, 3.465612 ] }, { "date": "2024-02-23", "close": 4.058684, "volume": 645316507, "typical_volume": 357885730.15, "trend": 3.384873, "fair_value": 2.988609, "relative_strength": 25.517333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.473293, "energy": 59.382097, "activity_lines": [ 3.820259, 3.743983, 3.616588, 3.510279 ] }, { "date": "2024-03-01", "close": 3.994982, "volume": 520157537, "typical_volume": 373781013.9, "trend": 3.412571, "fair_value": 3.002372, "relative_strength": 21.819024, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.751331, "energy": 60.010147, "activity_lines": [ 3.900947, 3.8009, 3.664169, 3.549641 ] }, { "date": "2024-03-08", "close": 4.213387, "volume": 443182790, "typical_volume": 380611464.5, "trend": 3.446241, "fair_value": 3.018101, "relative_strength": 26.661129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.652283, "energy": 84.429459, "activity_lines": [ 4.02653, 3.888428, 3.72878, 3.601306 ] }, { "date": "2024-03-15", "close": 4.104185, "volume": 548752275, "typical_volume": 395758597.3, "trend": 3.475969, "fair_value": 3.032976, "relative_strength": 22.162474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.175393, "energy": 78.722811, "activity_lines": [ 4.082951, 3.944021, 3.778311, 3.643754 ] }, { "date": "2024-03-22", "close": 4.022283, "volume": 340619383, "typical_volume": 397153125.85, "trend": 3.505392, "fair_value": 3.046965, "relative_strength": 19.202232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.704184, "energy": 63.652996, "activity_lines": [ 4.081131, 3.974631, 3.815319, 3.679001 ] }, { "date": "2024-03-29", "close": 4.186087, "volume": 321914674, "typical_volume": 403006946.9, "trend": 3.538153, "fair_value": 3.06185, "relative_strength": 23.398196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.079238, "energy": 58.019256, "activity_lines": [ 4.116925, 4.030225, 3.864417, 3.722916 ] }, { "date": "2024-04-05", "close": 4.258888, "volume": 230440974, "typical_volume": 404036139.15, "trend": 3.576071, "fair_value": 3.076789, "relative_strength": 23.361691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.3452, "energy": 57.001458, "activity_lines": [ 4.168493, 4.090286, 3.915941, 3.769415 ] }, { "date": "2024-04-12", "close": 4.377191, "volume": 485787845, "typical_volume": 406755795.65, "trend": 3.619448, "fair_value": 3.091972, "relative_strength": 27.641151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.248969, "energy": 60.88244, "activity_lines": [ 4.241901, 4.159448, 3.973879, 3.821101 ] }, { "date": "2024-04-19", "close": 4.186087, "volume": 746255333, "typical_volume": 428386947.4, "trend": 3.653726, "fair_value": 3.105981, "relative_strength": 19.217864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.039783, "energy": 52.122151, "activity_lines": [ 4.240688, 4.18195, 4.008546, 3.857658 ] }, { "date": "2024-04-26", "close": 4.085984, "volume": 537601240, "typical_volume": 437089472.7, "trend": 3.683453, "fair_value": 3.119143, "relative_strength": 14.659083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.328163, "energy": 45.449799, "activity_lines": [ 4.200647, 4.176325, 4.029737, 3.885546 ] }, { "date": "2024-05-03", "close": 3.976782, "volume": 309759055, "typical_volume": 435199546.65, "trend": 3.71045, "fair_value": 3.131089, "relative_strength": 10.482165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.377119, "energy": 31.917096, "activity_lines": [ 4.119958, 4.145053, 4.037883, 3.90447 ] }, { "date": "2024-05-10", "close": 4.195187, "volume": 516390415, "typical_volume": 446615530.5, "trend": 3.743514, "fair_value": 3.144744, "relative_strength": 14.190385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.833099, "energy": 26.035607, "activity_lines": [ 4.126025, 4.154981, 4.064924, 3.935743 ] }, { "date": "2024-05-17", "close": 4.049583, "volume": 508591046, "typical_volume": 457098695.75, "trend": 3.770815, "fair_value": 3.157776, "relative_strength": 9.873929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.670282, "energy": 20.026092, "activity_lines": [ 4.087804, 4.134795, 4.074761, 3.95549 ] }, { "date": "2024-05-24", "close": 4.167886, "volume": 495657770, "typical_volume": 460198236.3, "trend": 3.806002, "fair_value": 3.172131, "relative_strength": 14.986673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.915401, "energy": 21.346208, "activity_lines": [ 4.110858, 4.139096, 4.093481, 3.981107 ] }, { "date": "2024-05-31", "close": 4.131485, "volume": 492580922, "typical_volume": 460878869.1, "trend": 3.834213, "fair_value": 3.186512, "relative_strength": 13.602091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.153877, "energy": 24.199948, "activity_lines": [ 4.122992, 4.135622, 4.105788, 4.002106 ] }, { "date": "2024-06-07", "close": 4.322589, "volume": 442397887, "typical_volume": 464635056.8, "trend": 3.87031, "fair_value": 3.201756, "relative_strength": 19.672486, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.480889, "energy": 37.488739, "activity_lines": [ 4.195793, 4.164908, 4.134519, 4.033614 ] }, { "date": "2024-06-14", "close": 4.195187, "volume": 374574859, "typical_volume": 461946545.95, "trend": 3.902161, "fair_value": 3.216133, "relative_strength": 16.294849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.166116, "energy": 35.758016, "activity_lines": [ 4.203073, 4.168548, 4.148169, 4.054574 ] }, { "date": "2024-06-21", "close": 4.131485, "volume": 311722362, "typical_volume": 458354693.85, "trend": 3.929461, "fair_value": 3.229946, "relative_strength": 15.323697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.452331, "energy": 31.166938, "activity_lines": [ 4.18912, 4.161764, 4.152806, 4.069369 ] }, { "date": "2024-06-28", "close": 4.222487, "volume": 356891416, "typical_volume": 455881325.15, "trend": 3.958278, "fair_value": 3.244446, "relative_strength": 18.382164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.122941, "energy": 32.101137, "activity_lines": [ 4.20004, 4.175993, 4.164159, 4.088274 ] }, { "date": "2024-07-05", "close": 4.277088, "volume": 238419051, "typical_volume": 443350667.05, "trend": 3.983152, "fair_value": 3.259451, "relative_strength": 19.994779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.699936, "energy": 30.579197, "activity_lines": [ 4.22552, 4.199488, 4.17794, 4.108842 ] }, { "date": "2024-07-12", "close": 4.122385, "volume": 430874092, "typical_volume": 432628546.3, "trend": 4.001353, "fair_value": 3.273412, "relative_strength": 14.348369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.294012, "energy": 19.163514, "activity_lines": [ 4.189726, 4.191381, 4.174559, 4.117825 ] }, { "date": "2024-07-19", "close": 4.076884, "volume": 335566430, "typical_volume": 423398990.95, "trend": 4.020766, "fair_value": 3.286876, "relative_strength": 12.200885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.232638, "energy": 12.479115, "activity_lines": [ 4.152112, 4.172353, 4.166543, 4.122698 ] }, { "date": "2024-07-26", "close": 4.046028, "volume": 307919548, "typical_volume": 416635828.85, "trend": 4.037332, "fair_value": 3.300174, "relative_strength": 14.299684, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.82235, "energy": 7.906703, "activity_lines": [ 4.1121, 4.149866, 4.155197, 4.124328 ] }, { "date": "2024-08-02", "close": 4.008037, "volume": 249956297, "typical_volume": 401696029.95, "trend": 4.05263, "fair_value": 3.313446, "relative_strength": 11.994019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.88939, "energy": 13.454833, "activity_lines": [ 4.06512, 4.120537, 4.14103, 4.122438 ] }, { "date": "2024-08-09", "close": 3.922557, "volume": 304852529, "typical_volume": 399907687.25, "trend": 4.058103, "fair_value": 3.325953, "relative_strength": 10.579802, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.249915, "energy": 36.820559, "activity_lines": [ 4.003945, 4.078571, 4.11918, 4.114046 ] }, { "date": "2024-08-16", "close": 3.95105, "volume": 223432643, "typical_volume": 394983585.7, "trend": 4.066345, "fair_value": 3.338751, "relative_strength": 10.041531, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.415414, "energy": 46.760846, "activity_lines": [ 3.975902, 4.045586, 4.100519, 4.10714 ] }, { "date": "2024-08-23", "close": 3.846575, "volume": 207748570, "typical_volume": 393848965.5, "trend": 4.075352, "fair_value": 3.350825, "relative_strength": 7.470456, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.484394, "energy": 56.404667, "activity_lines": [ 3.924457, 4.000359, 4.073027, 4.092961 ] }, { "date": "2024-08-30", "close": 4.055525, "volume": 343192578, "typical_volume": 386719202.15, "trend": 4.08647, "fair_value": 3.364239, "relative_strength": 13.09198, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.26943, "energy": 38.833225, "activity_lines": [ 3.958015, 3.999463, 4.067398, 4.091682 ] }, { "date": "2024-09-06", "close": 4.046028, "volume": 240996688, "typical_volume": 361456269.9, "trend": 4.100002, "fair_value": 3.377646, "relative_strength": 15.164401, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.56325, "energy": 29.375164, "activity_lines": [ 3.987775, 3.99822, 4.062397, 4.089072 ] }, { "date": "2024-09-13", "close": 3.856073, "volume": 310874779, "typical_volume": 350119946.85, "trend": 4.102955, "fair_value": 3.389781, "relative_strength": 11.512525, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.591702, "energy": 34.8333, "activity_lines": [ 3.951683, 3.965649, 4.039971, 4.073335 ] }, { "date": "2024-09-20", "close": 3.960548, "volume": 145372237, "typical_volume": 341900605.95, "trend": 4.099684, "fair_value": 3.40264, "relative_strength": 12.430596, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.719053, "energy": 24.943994, "activity_lines": [ 3.954849, 3.959728, 4.028591, 4.064148 ] }, { "date": "2024-09-27", "close": 4.330959, "volume": 398219193, "typical_volume": 335992044.85, "trend": 4.110883, "fair_value": 3.41744, "relative_strength": 8.36782, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.316162, "energy": 8.409849, "activity_lines": [ 4.080852, 4.024096, 4.052564, 4.079068 ] }, { "date": "2024-10-04", "close": 4.558904, "volume": 206829373, "typical_volume": 320903961.2, "trend": 4.122401, "fair_value": 3.430392, "relative_strength": 5.005018, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.133502, "energy": 39.246993, "activity_lines": [ 4.250545, 4.12529, 4.097601, 4.107973 ] }, { "date": "2024-10-11", "close": 4.340457, "volume": 653140681, "typical_volume": 328778106.75, "trend": 4.130276, "fair_value": 3.439937, "relative_strength": 3.176777, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.147533, "energy": 37.501712, "activity_lines": [ 4.313863, 4.177441, 4.119407, 4.122041 ] }, { "date": "2024-10-18", "close": 4.321461, "volume": 410802472, "typical_volume": 324689184.25, "trend": 4.140249, "fair_value": 3.447733, "relative_strength": 0.930964, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.592716, "energy": 47.98527, "activity_lines": [ 4.351221, 4.220095, 4.138583, 4.134376 ] }, { "date": "2024-10-25", "close": 4.340457, "volume": 394979087, "typical_volume": 322318244.25, "trend": 4.145395, "fair_value": 3.452125, "relative_strength": -0.194854, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.341869, "energy": 61.238471, "activity_lines": [ 4.363884, 4.258949, 4.158663, 4.147292 ] }, { "date": "2024-11-01", "close": 4.273973, "volume": 405196588, "typical_volume": 323849330.7, "trend": 4.145897, "fair_value": 3.45723, "relative_strength": -1.205736, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.028007, "energy": 34.094246, "activity_lines": [ 4.32906, 4.278635, 4.172326, 4.155588 ] }, { "date": "2024-11-08", "close": 4.283471, "volume": 388861125, "typical_volume": 327706268.85, "trend": 4.142773, "fair_value": 3.461149, "relative_strength": -6.390782, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.069159, "energy": 27.799998, "activity_lines": [ 4.3012, 4.292278, 4.186519, 4.164463 ] }, { "date": "2024-11-15", "close": 4.150502, "volume": 305712828, "typical_volume": 325147339.45, "trend": 4.141587, "fair_value": 3.465029, "relative_strength": -6.23097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.758577, "energy": 15.869359, "activity_lines": [ 4.247379, 4.277599, 4.187324, 4.164962 ] }, { "date": "2024-11-22", "close": 4.065023, "volume": 308378966, "typical_volume": 328645335.2, "trend": 4.140889, "fair_value": 3.468469, "relative_strength": -6.592096, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.264974, "energy": 13.366367, "activity_lines": [ 4.177729, 4.24548, 4.180331, 4.160022 ] }, { "date": "2024-11-29", "close": 4.027032, "volume": 238957742, "typical_volume": 319049517.7, "trend": 4.142564, "fair_value": 3.474866, "relative_strength": -9.253028, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.656607, "energy": 14.613098, "activity_lines": [ 4.112512, 4.202654, 4.17073, 4.152677 ] }, { "date": "2024-12-06", "close": 4.16, "volume": 346162437, "typical_volume": 319579318.05, "trend": 4.141391, "fair_value": 3.482928, "relative_strength": -8.469927, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.718809, "energy": 12.180952, "activity_lines": [ 4.112511, 4.182795, 4.174247, 4.153802 ] }, { "date": "2024-12-13", "close": 4.207489, "volume": 350216161, "typical_volume": 321694148.7, "trend": 4.146654, "fair_value": 3.492543, "relative_strength": -7.140436, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.58554, "energy": 10.504731, "activity_lines": [ 4.135939, 4.174678, 4.18189, 4.158066 ] }, { "date": "2024-12-20", "close": 4.141005, "volume": 316499400, "typical_volume": 325021303.85, "trend": 4.145758, "fair_value": 3.501894, "relative_strength": -8.017209, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.364296, "energy": 7.879172, "activity_lines": [ 4.142271, 4.160864, 4.182433, 4.157702 ] }, { "date": "2024-12-27", "close": 4.150502, "volume": 280434392, "typical_volume": 323800397.0, "trend": 4.146392, "fair_value": 3.509842, "relative_strength": -8.679938, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.402498, "energy": 5.851827, "activity_lines": [ 4.152402, 4.152402, 4.183247, 4.158008 ] }, { "date": "2025-01-03", "close": 4.017534, "volume": 267616771, "typical_volume": 326009603.4, "trend": 4.136224, "fair_value": 3.515473, "relative_strength": -6.489282, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.260739, "energy": 11.618495, "activity_lines": [ 4.112511, 4.122873, 4.170312, 4.149694 ] }, { "date": "2025-01-10", "close": 3.903562, "volume": 265291854, "typical_volume": 328886767.6, "trend": 4.126503, "fair_value": 3.520373, "relative_strength": -7.844024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.450227, "energy": 42.978352, "activity_lines": [ 4.035263, 4.078492, 4.146206, 4.134684 ] }, { "date": "2025-01-17", "close": 3.95105, "volume": 194040832, "typical_volume": 321429180.3, "trend": 4.120488, "fair_value": 3.521998, "relative_strength": -8.744767, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.861839, "energy": 49.63593, "activity_lines": [ 3.990941, 4.049481, 4.126351, 4.123364 ] }, { "date": "2025-01-24", "close": 3.903562, "volume": 194023437, "typical_volume": 319080517.75, "trend": 4.109857, "fair_value": 3.523969, "relative_strength": -10.060008, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.055869, "energy": 70.64624, "activity_lines": [ 3.947884, 4.01788, 4.102471, 4.109369 ] }, { "date": "2025-01-31", "close": 3.979543, "volume": 68634265, "typical_volume": 306968492.05, "trend": 4.099939, "fair_value": 3.528109, "relative_strength": -8.179888, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.950743, "energy": 57.651806, "activity_lines": [ 3.945985, 4.004583, 4.086506, 4.100962 ] }, { "date": "2025-02-07", "close": 3.960548, "volume": 136404355, "typical_volume": 306520097.95, "trend": 4.094545, "fair_value": 3.534405, "relative_strength": -9.911298, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.892161, "energy": 56.976019, "activity_lines": [ 3.949151, 3.989386, 4.068144, 4.091969 ] }, { "date": "2025-02-14", "close": 3.922557, "volume": 53712091, "typical_volume": 289294742.85, "trend": 4.0894, "fair_value": 3.540404, "relative_strength": -11.741588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.14872, "energy": 51.204378, "activity_lines": [ 3.943452, 3.968491, 4.046163, 4.080873 ] }, { "date": "2025-02-21", "close": 3.666119, "volume": 302819120, "typical_volume": 294094230.2, "trend": 4.076737, "fair_value": 3.545463, "relative_strength": -17.986523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.426745, "energy": 71.126865, "activity_lines": [ 3.851008, 3.905289, 4.001705, 4.053564 ] }, { "date": "2025-02-28", "close": 3.542649, "volume": 632006806, "typical_volume": 293037536.45, "trend": 4.061224, "fair_value": 3.550816, "relative_strength": -19.061653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.378628, "energy": 88.194159, "activity_lines": [ 3.736402, 3.82948, 3.949739, 4.019107 ] }, { "date": "2025-03-07", "close": 3.61863, "volume": 517459497, "typical_volume": 298370387.7, "trend": 4.051093, "fair_value": 3.552643, "relative_strength": -18.221618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.040114, "energy": 87.279241, "activity_lines": [ 3.671184, 3.778365, 3.908808, 3.990553 ] }, { "date": "2025-03-14", "close": 3.732603, "volume": 405443078, "typical_volume": 298893587.25, "trend": 4.043811, "fair_value": 3.556067, "relative_strength": -16.497226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.548869, "energy": 82.748637, "activity_lines": [ 3.668018, 3.757642, 3.882079, 3.970005 ] }, { "date": "2025-03-21", "close": 3.780091, "volume": 334247192, "typical_volume": 295346117.45, "trend": 4.041595, "fair_value": 3.559037, "relative_strength": -13.810559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.082773, "energy": 71.501597, "activity_lines": [ 3.695878, 3.750735, 3.862767, 3.952991 ] }, { "date": "2025-03-28", "close": 3.732603, "volume": 280912017, "typical_volume": 289948662.05, "trend": 4.030831, "fair_value": 3.561919, "relative_strength": -14.217398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.264837, "energy": 48.029863, "activity_lines": [ 3.717406, 3.737438, 3.841284, 3.933056 ] }, { "date": "2025-04-04", "close": 3.856073, "volume": 281662674, "typical_volume": 288746154.35, "trend": 4.024499, "fair_value": 3.567329, "relative_strength": -10.824482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.340098, "energy": 29.086165, "activity_lines": [ 3.775659, 3.750562, 3.834183, 3.921781 ] }, { "date": "2025-04-11", "close": 3.7421, "volume": 495885402, "typical_volume": 298121476.15, "trend": 4.0207, "fair_value": 3.573147, "relative_strength": -10.294677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.858098, "energy": 25.845869, "activity_lines": [ 3.775026, 3.743827, 3.81763, 3.903562 ] }, { "date": "2025-04-18", "close": 3.837078, "volume": 287984430, "typical_volume": 300572810.55, "trend": 4.016585, "fair_value": 3.580984, "relative_strength": -8.833798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.22761, "energy": 20.614084, "activity_lines": [ 3.79782, 3.758678, 3.81166, 3.891715 ] }, { "date": "2025-04-25", "close": 3.837078, "volume": 323094717, "typical_volume": 299419424.55, "trend": 4.000122, "fair_value": 3.588875, "relative_strength": -9.125415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.778939, "energy": 20.040692, "activity_lines": [ 3.81365, 3.775774, 3.806595, 3.880134 ] }, { "date": "2025-05-02", "close": 3.789589, "volume": 268804602, "typical_volume": 295348846.6, "trend": 3.974478, "fair_value": 3.596353, "relative_strength": -9.641694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.896784, "energy": 17.307984, "activity_lines": [ 3.809851, 3.78579, 3.798544, 3.866551 ] }, { "date": "2025-05-09", "close": 3.875068, "volume": 253199127, "typical_volume": 292183832.95, "trend": 3.958965, "fair_value": 3.604162, "relative_strength": -9.111595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.429164, "energy": 11.842381, "activity_lines": [ 3.830746, 3.809102, 3.800624, 3.860138 ] }, { "date": "2025-05-16", "close": 3.82758, "volume": 234270376, "typical_volume": 289875632.15, "trend": 3.942502, "fair_value": 3.610311, "relative_strength": -10.70596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.904186, "energy": 11.049658, "activity_lines": [ 3.834545, 3.817737, 3.799449, 3.851661 ] }, { "date": "2025-05-23", "close": 3.82758, "volume": 236558526, "typical_volume": 288322719.9, "trend": 3.925406, "fair_value": 3.615429, "relative_strength": -9.916236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.292955, "energy": 9.562831, "activity_lines": [ 3.832645, 3.822572, 3.79981, 3.844247 ] }, { "date": "2025-05-30", "close": 3.837078, "volume": 178314128, "typical_volume": 283973833.6, "trend": 3.910843, "fair_value": 3.619741, "relative_strength": -9.404973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.980509, "energy": 9.865369, "activity_lines": [ 3.834545, 3.827407, 3.801981, 3.838548 ] }, { "date": "2025-06-06", "close": 3.922557, "volume": 342058962, "typical_volume": 291374740.1, "trend": 3.898813, "fair_value": 3.624763, "relative_strength": -8.062337, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.973711, "energy": 8.380128, "activity_lines": [ 3.864938, 3.846748, 3.81261, 3.839304 ] }, { "date": "2025-06-13", "close": 4.008037, "volume": 268857102, "typical_volume": 295116423.35, "trend": 3.894064, "fair_value": 3.630387, "relative_strength": -5.543036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.051008, "energy": 38.620329, "activity_lines": [ 3.914959, 3.878177, 3.831515, 3.846351 ] }, { "date": "2025-06-20", "close": 3.922557, "volume": 201768984, "typical_volume": 301773159.3, "trend": 3.889315, "fair_value": 3.634812, "relative_strength": -6.786645, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.4155, "energy": 36.327494, "activity_lines": [ 3.927623, 3.891301, 3.841781, 3.848189 ] }, { "date": "2025-06-27", "close": 3.884566, "volume": 239257101, "typical_volume": 306915796.6, "trend": 3.884566, "fair_value": 3.638994, "relative_strength": -9.020666, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.045976, "energy": 37.366427, "activity_lines": [ 3.921291, 3.894237, 3.848701, 3.847883 ] }, { "date": "2025-07-04", "close": 3.970046, "volume": 225006990, "typical_volume": 315480541.55, "trend": 3.878234, "fair_value": 3.642802, "relative_strength": -7.870893, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.367147, "energy": 41.49351, "activity_lines": [ 3.939653, 3.911851, 3.864124, 3.853397 ] }, { "date": "2025-07-11", "close": 4.074521, "volume": 365847161, "typical_volume": 318631943.6, "trend": 3.873802, "fair_value": 3.648961, "relative_strength": -6.136585, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.852329, "energy": 53.76975, "activity_lines": [ 3.983976, 3.946043, 3.88927, 3.866061 ] }, { "date": "2025-07-18", "close": 4.084019, "volume": 267478517, "typical_volume": 300405529.15, "trend": 3.871903, "fair_value": 3.655018, "relative_strength": -6.256385, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.653675, "energy": 72.487664, "activity_lines": [ 4.021334, 3.976781, 3.913376, 3.879623 ] }, { "date": "2025-07-25", "close": 4.16, "volume": 401052455, "typical_volume": 294585177.05, "trend": 3.872219, "fair_value": 3.661671, "relative_strength": -5.728703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.369168, "energy": 83.362918, "activity_lines": [ 4.078953, 4.017534, 3.942141, 3.89821 ] }, { "date": "2025-08-01", "close": 4.04, "volume": 325972530, "typical_volume": 290611649.65, "trend": 3.872968, "fair_value": 3.664462, "relative_strength": -7.22579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.521358, "energy": 75.073589, "activity_lines": [ 4.080743, 4.030426, 3.956899, 3.909035 ] }, { "date": "2025-08-08", "close": 4.1, "volume": 190866094, "typical_volume": 283442594.75, "trend": 3.879516, "fair_value": 3.668452, "relative_strength": -7.442064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.759878, "energy": 69.860541, "activity_lines": [ 4.092171, 4.050365, 3.975907, 3.923682 ] }, { "date": "2025-08-15", "close": 4.04, "volume": 208163637, "typical_volume": 279805175.75, "trend": 3.882481, "fair_value": 3.673305, "relative_strength": -9.920298, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.293522, "energy": 47.38194, "activity_lines": [ 4.074935, 4.054614, 3.987678, 3.934036 ] }, { "date": "2025-08-22", "close": 4.07, "volume": 240524260, "typical_volume": 277748255.05, "trend": 3.888029, "fair_value": 3.679001, "relative_strength": -11.914823, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.832419, "energy": 38.905886, "activity_lines": [ 4.07, 4.062182, 4.000842, 3.946134 ] }, { "date": "2025-08-29", "close": 4.05, "volume": 279280620, "typical_volume": 266918015.95, "trend": 3.890378, "fair_value": 3.685906, "relative_strength": -12.553453, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.324756, "energy": 31.016554, "activity_lines": [ 4.059333, 4.064987, 4.011083, 3.956584 ] }, { "date": "2025-09-05", "close": 4.03, "volume": 301670074, "typical_volume": 267602298.15, "trend": 3.892693, "fair_value": 3.691457, "relative_strength": -11.372636, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.218, "energy": 25.290954, "activity_lines": [ 4.049333, 4.061839, 4.017952, 3.965592 ] }, { "date": "2025-09-12", "close": 4.14, "volume": 348276947, "typical_volume": 268861409.65, "trend": 3.899941, "fair_value": 3.695429, "relative_strength": -9.801462, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.565774, "energy": 38.002955, "activity_lines": [ 4.076667, 4.076047, 4.03438, 3.981547 ] }, { "date": "2025-09-19", "close": 4.06, "volume": 247077728, "typical_volume": 267775065.95, "trend": 3.91307, "fair_value": 3.699612, "relative_strength": -9.812758, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.72465, "energy": 30.320157, "activity_lines": [ 4.074667, 4.072619, 4.041745, 3.991873 ] }, { "date": "2025-09-26", "close": 4.08, "volume": 222052530, "typical_volume": 266217736.1, "trend": 3.930982, "fair_value": 3.704313, "relative_strength": -9.058269, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.955794, "energy": 30.814449, "activity_lines": [ 4.078, 4.073091, 4.049728, 4.002643 ] }, { "date": "2025-10-03", "close": 4.09, "volume": 82285100, "typical_volume": 258618472.3, "trend": 3.946694, "fair_value": 3.70607, "relative_strength": -9.654987, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.131407, "energy": 32.6265, "activity_lines": [ 4.084, 4.075455, 4.057688, 4.012902 ] }, { "date": "2025-10-10", "close": 4.23, "volume": 155043132, "typical_volume": 254542702.6, "trend": 3.963274, "fair_value": 3.710507, "relative_strength": -6.497854, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.337228, "energy": 47.621253, "activity_lines": [ 4.134, 4.104545, 4.077731, 4.03118 ] }, { "date": "2025-10-17", "close": 4.24, "volume": 329021117, "typical_volume": 262078052.05, "trend": 3.978604, "fair_value": 3.715231, "relative_strength": -4.529756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.032975, "energy": 61.091444, "activity_lines": [ 4.174, 4.132, 4.09681, 4.049033 ] }, { "date": "2025-10-24", "close": 4.19, "volume": 244446246, "typical_volume": 257197416.25, "trend": 3.993851, "fair_value": 3.721139, "relative_strength": -7.905945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.277484, "energy": 61.024693, "activity_lines": [ 4.190667, 4.147818, 4.109208, 4.062672 ] }, { "date": "2025-10-31", "close": 4.28, "volume": 378663806, "typical_volume": 262687751.45, "trend": 4.007982, "fair_value": 3.724002, "relative_strength": -5.681558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.610114, "energy": 72.118635, "activity_lines": [ 4.228667, 4.177273, 4.128905, 4.081133 ] }, { "date": "2025-11-07", "close": 4.63, "volume": 462816897, "typical_volume": 275740147.1, "trend": 4.037578, "fair_value": 3.732396, "relative_strength": 1.079717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.516333, "energy": 87.806422, "activity_lines": [ 4.37, 4.266545, 4.18064, 4.121263 ] }, { "date": "2025-11-14", "close": 4.46, "volume": 329879670, "typical_volume": 280271275.55, "trend": 4.058343, "fair_value": 3.741038, "relative_strength": -2.248509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.214969, "energy": 80.550905, "activity_lines": [ 4.418667, 4.314364, 4.212815, 4.148516 ] }, { "date": "2025-11-21", "close": 4.46, "volume": 292608989, "typical_volume": 283651375.5, "trend": 4.079107, "fair_value": 3.748788, "relative_strength": 1.856852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.194565, "energy": 78.331646, "activity_lines": [ 4.452, 4.354364, 4.24225, 4.17443 ] }, { "date": "2025-11-28", "close": 4.54, "volume": 249969685, "typical_volume": 277857501.7, "trend": 4.10412, "fair_value": 3.756996, "relative_strength": 2.326181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.429412, "energy": 79.567239, "activity_lines": [ 4.497333, 4.403091, 4.276972, 4.204165 ] }, { "date": "2025-12-05", "close": 4.77, "volume": 371375182, "typical_volume": 283052334.95, "trend": 4.133951, "fair_value": 3.766789, "relative_strength": 7.118367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.605968, "energy": 75.047768, "activity_lines": [ 4.596, 4.484909, 4.331381, 4.247125 ] }, { "date": "2025-12-12", "close": 4.64, "volume": 381598648, "typical_volume": 282079644.6, "trend": 4.161032, "fair_value": 3.775637, "relative_strength": 4.643364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.830334, "energy": 64.282772, "activity_lines": [ 4.618667, 4.530545, 4.370143, 4.279773 ] }, { "date": "2025-12-19", "close": 4.67, "volume": 264247466, "typical_volume": 278993391.4, "trend": 4.189113, "fair_value": 3.784343, "relative_strength": 5.341835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.639388, "energy": 65.289761, "activity_lines": [ 4.650667, 4.571636, 4.409476, 4.31261 ] }, { "date": "2025-12-26", "close": 4.79, "volume": 241416836, "typical_volume": 281520928.5, "trend": 4.220877, "fair_value": 3.794933, "relative_strength": 6.074299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.015767, "energy": 67.438395, "activity_lines": [ 4.708667, 4.626545, 4.457238, 4.351376 ] }, { "date": "2026-01-02", "close": 4.48, "volume": 207806687, "typical_volume": 281503081.0, "trend": 4.239458, "fair_value": 3.803759, "relative_strength": -0.714821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.103729, "energy": 46.245803, "activity_lines": [ 4.641333, 4.615091, 4.47219, 4.368094 ] }, { "date": "2026-01-09", "close": 4.62, "volume": 318666549, "typical_volume": 285410195.45, "trend": 4.259857, "fair_value": 3.814652, "relative_strength": -1.193814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.456369, "energy": 40.208054, "activity_lines": [ 4.624667, 4.623818, 4.498381, 4.392645 ] }, { "date": "2026-01-16", "close": 4.62, "volume": 303968820, "typical_volume": 286644605.45, "trend": 4.283105, "fair_value": 3.824821, "relative_strength": -0.592105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.761705, "energy": 31.899041, "activity_lines": [ 4.618, 4.626364, 4.521952, 4.41588 ] }, { "date": "2026-01-23", "close": 4.8, "volume": 377169879, "typical_volume": 290419595.7, "trend": 4.31362, "fair_value": 3.835642, "relative_strength": 2.494619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.568913, "energy": 37.774919, "activity_lines": [ 4.672667, 4.661818, 4.559952, 4.449228 ] }, { "date": "2026-01-30", "close": 4.87, "volume": 347589449, "typical_volume": 290385220.8, "trend": 4.343618, "fair_value": 3.847637, "relative_strength": 4.523219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.443487, "energy": 45.696079, "activity_lines": [ 4.742, 4.703818, 4.600952, 4.485124 ] }, { "date": "2026-02-06", "close": 4.91, "volume": 400783602, "typical_volume": 298070514.5, "trend": 4.371467, "fair_value": 3.859553, "relative_strength": 6.722976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.614984, "energy": 58.415888, "activity_lines": [ 4.819333, 4.745636, 4.642286, 4.521665 ] }, { "date": "2026-02-13", "close": 4.69, "volume": 255059070, "typical_volume": 299720841.5, "trend": 4.391667, "fair_value": 3.869781, "relative_strength": 1.569217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.099357, "energy": 47.649465, "activity_lines": [ 4.794667, 4.740727, 4.658619, 4.542215 ] }, { "date": "2026-02-27", "close": 5.09, "volume": 307476894, "typical_volume": 310980431.2, "trend": 4.422667, "fair_value": 3.882071, "relative_strength": 7.839479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.530082, "energy": 61.663031, "activity_lines": [ 4.898667, 4.81, 4.710143, 4.587269 ] }, { "date": "2026-03-06", "close": 5.35, "volume": 451537232, "typical_volume": 325805136.2, "trend": 4.466333, "fair_value": 3.896919, "relative_strength": 13.96579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.213896, "energy": 75.317947, "activity_lines": [ 5.058, 4.918364, 4.781667, 4.647097 ] }, { "date": "2026-03-13", "close": 5.37, "volume": 420542203, "typical_volume": 330381190.5, "trend": 4.508667, "fair_value": 3.91184, "relative_strength": 14.732928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.145754, "energy": 80.481238, "activity_lines": [ 5.187333, 5.018, 4.849762, 4.705398 ] }, { "date": "2026-03-20", "close": 5.18, "volume": 348400465, "typical_volume": 335578901.45, "trend": 4.546667, "fair_value": 3.924986, "relative_strength": 14.126486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.304837, "energy": 76.399041, "activity_lines": [ 5.22, 5.072545, 4.894381, 4.74871 ] }, { "date": "2026-03-27", "close": 5.33, "volume": 408169080, "typical_volume": 337054165.15, "trend": 4.588667, "fair_value": 3.939595, "relative_strength": 18.258589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.396018, "energy": 72.903711, "activity_lines": [ 5.284667, 5.141636, 4.948571, 4.799247 ] }, { "date": "2026-04-03", "close": 4.99, "volume": 283467768, "typical_volume": 328086708.7, "trend": 4.62, "fair_value": 3.952024, "relative_strength": 11.354062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.708288, "energy": 46.076861, "activity_lines": [ 5.193333, 5.136, 4.965381, 4.82514 ] }, { "date": "2026-04-10", "close": 5.0, "volume": 277963712, "typical_volume": 325490910.8, "trend": 4.652333, "fair_value": 3.965186, "relative_strength": 8.425171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.774939, "energy": 29.879508, "activity_lines": [ 5.112, 5.125455, 4.981429, 4.849656 ] }, { "date": "2026-04-17", "close": 4.64, "volume": 457135601, "typical_volume": 333717241.4, "trend": 4.669, "fair_value": 3.97643, "relative_strength": -0.983709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.241658, "energy": 14.509663, "activity_lines": [ 4.934, 5.045818, 4.960619, 4.84886 ] }, { "date": "2026-04-24", "close": 4.71, "volume": 407018019, "typical_volume": 341569658.1, "trend": 4.690667, "fair_value": 3.988346, "relative_strength": -0.163918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.569744, "energy": 19.695813, "activity_lines": [ 4.828, 4.983091, 4.945619, 4.851505 ] }, { "date": "2026-05-01", "close": 4.64, "volume": 272720117, "typical_volume": 336636904.85, "trend": 4.709333, "fair_value": 3.998977, "relative_strength": -2.360567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.854001, "energy": 19.016167, "activity_lines": [ 4.73, 4.911273, 4.923143, 4.848237 ] }, { "date": "2026-05-08", "close": 4.85, "volume": 257870408, "typical_volume": 330450492.85, "trend": 4.734667, "fair_value": 4.009061, "relative_strength": 0.395512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.123549, "energy": 18.466996, "activity_lines": [ 4.748, 4.878545, 4.921286, 4.857312 ] }, { "date": "2026-05-15", "close": 4.84, "volume": 561961712, "typical_volume": 345336205.15, "trend": 4.755, "fair_value": 4.017631, "relative_strength": 1.249838, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.160511, "energy": 13.767584, "activity_lines": [ 4.772, 4.848364, 4.917476, 4.864108 ] }, { "date": "2026-05-22", "close": 5.39, "volume": 1447070485, "typical_volume": 405618887.6, "trend": 4.793333, "fair_value": 4.029114, "relative_strength": 13.045071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.267671, "energy": 21.188608, "activity_lines": [ 4.99, 4.927455, 4.965238, 4.905075 ] }, { "date": "2026-05-29", "close": 7.3, "volume": 2469312467, "typical_volume": 518694176.6, "trend": 4.897, "fair_value": 4.052952, "relative_strength": 53.118023, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 86.182256, "energy": 81.211764, "activity_lines": [ 5.794667, 5.353455, 5.192048, 5.066796 ] }, { "date": "2026-06-05", "close": 6.23, "volume": 440200718, "typical_volume": 524770885.05, "trend": 4.962, "fair_value": 4.069875, "relative_strength": 31.137503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.657515, "energy": 78.987477, "activity_lines": [ 6.07, 5.546364, 5.303524, 5.152796 ] }, { "date": "2026-06-12", "close": 5.52, "volume": 244412016, "typical_volume": 521793044.85, "trend": 4.991667, "fair_value": 4.08208, "relative_strength": 15.686511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.529749, "energy": 73.582689, "activity_lines": [ 6.002667, 5.593818, 5.339714, 5.188796 ] }, { "date": "2026-06-19", "close": 5.36, "volume": 1049731399, "typical_volume": 555421120.85, "trend": 5.021667, "fair_value": 4.093983, "relative_strength": 10.492181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.983009, "energy": 66.788278, "activity_lines": [ 5.837333, 5.602545, 5.356381, 5.212559 ] }, { "date": "2026-06-26", "close": 4.625323, "volume": 186022675, "typical_volume": 547342782.15, "trend": 5.027177, "fair_value": 4.100899, "relative_strength": -3.12615, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.690018, "energy": 10.140314, "activity_lines": [ 5.392441, 5.47115, 5.300412, 5.186989 ] }, { "date": "2026-07-03", "close": 4.395967, "volume": 130295300, "typical_volume": 533818367.05, "trend": 5.022376, "fair_value": 4.106957, "relative_strength": -8.232336, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.754486, "energy": 25.358461, "activity_lines": [ 4.922075, 5.29832, 5.223764, 5.146265 ] }, { "date": "2026-07-10", "close": 4.558427, "volume": 804740836, "typical_volume": 561302455.35, "trend": 5.015324, "fair_value": 4.113165, "relative_strength": -3.706143, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.473512, "energy": 31.261394, "activity_lines": [ 4.699465, 5.160737, 5.165037, 5.116333 ] }, { "date": "2026-07-17", "close": 4.357742, "volume": 857204760, "typical_volume": 588788848.65, "trend": 5.005915, "fair_value": 4.117975, "relative_strength": -2.266737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.188147, "energy": 36.709038, "activity_lines": [ 4.521398, 4.98815, 5.087823, 5.073908 ] }, { "date": "2026-07-24", "close": 4.663548, "volume": 1589105469, "typical_volume": 645667260.5, "trend": 5.0057, "fair_value": 4.125247, "relative_strength": 3.106974, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.96179, "energy": 45.393764, "activity_lines": [ 4.52275, 4.880114, 5.043221, 5.05182 ] }, { "date": "2026-07-31", "close": 4.93, "volume": 837940371, "typical_volume": 666537168.9, "trend": 5.010367, "fair_value": 4.134394, "relative_strength": 8.258002, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.800901, "energy": 23.669018, "activity_lines": [ 4.659349, 4.823732, 5.027264, 5.046936 ] }, { "date": "2026-08-07", "close": 4.72, "volume": 585143777, "typical_volume": 678374334.5, "trend": 5.018367, "fair_value": 4.144368, "relative_strength": 0.708615, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.916262, "energy": 18.793024, "activity_lines": [ 4.705637, 4.737532, 4.993402, 5.028203 ] } ], "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." } } }