{ "ticker": { "uuid": "09aef5a2-f7ce-4c5a-9e2e-aff9658825bd", "symbol": "200011", "name": "ShenZhen Properties & Resources Development (Group) 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": -56.952, "architecture_energy": 43.307, "architecture_maturity": 100.0, "architecture_confidence": 74.921, "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": 21.02, "rotation_up": 28.61, "upward_expansion": 11.29, "deceleration": 60.79, "rotation_down": 42.71, "downward_expansion": 73.29 }, "activity_lines": [ 2.451333, 2.451663, 2.508338, 2.631074 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 2.48, "trend_reference": 2.808362, "distance_from_trend": -0.116923, "trend_direction": "Weakening", "fair_value": 3.384609, "distance_from_fair_value": -0.267271, "fair_value_direction": "Improving", "relative_strength": -21.711016, "relative_strength_direction": "Improving", "price_momentum": -0.243902, "excess_performance": -0.251302, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.116923, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.09715, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.267271, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.016586, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.21711, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.128067, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.243902, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.26229, "read": "Demand-led" } ], "volume": { "latest": 343770, "relative_activity": 0.951423, "balance": 1.26229, "dry_up": 1.655129, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.058246, "annualized_volatility": 0.236759, "from_high_reference": -0.32973, "from_low_reference": 0.13242 }, "levels": { "trend_reference": 2.808362, "fair_value_reference": 3.384609, "structural_low": 2.19, "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": 25, "median_return": 0.005128, "positive_rate": 0.52, "directional_follow_through": 0.48, "median_excess_return": -0.006448, "regime_survival": 0.88, "best_return": 0.136986, "worst_return": -0.140984, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.03331, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.026008, "regime_survival": 0.625, "best_return": 0.228464, "worst_return": -0.223837, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.043111, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.052237, "regime_survival": 0.25, "best_return": -0.002475, "worst_return": -0.139192, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.075581, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.159153, "regime_survival": 0.666667, "best_return": 0.210613, "worst_return": -0.256697, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-05-19", "end": "2024-04-05", "tenure": "Extended", "return": -0.156238, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-05-31", "tenure": "Developing", "return": 0.022843, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-08-09", "tenure": "Developing", "return": 0.021159, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": -0.02507, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.117302, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": -0.031863, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-12-06", "tenure": "Developing", "return": -0.007444, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.067839, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": -0.028653, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-07-18", "tenure": "Established", "return": -0.151163, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-12", "tenure": "Developing", "return": 0.14094, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": 0.024024, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-13", "tenure": "Developing", "return": -0.009119, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-08-07", "tenure": "Established", "return": -0.225, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.287346, "volume": 898320, "typical_volume": 398320.7, "trend": 4.528782, "fair_value": 4.507023, "relative_strength": -5.268226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.992323, "energy": 32.966642, "activity_lines": [ 4.077662, 3.986466, 4.114951, 4.298942 ] }, { "date": "2023-08-04", "close": 4.360635, "volume": 1130457, "typical_volume": 440206.2, "trend": 4.510186, "fair_value": 4.503935, "relative_strength": -4.765223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.735593, "energy": 33.785341, "activity_lines": [ 4.200475, 4.059586, 4.120323, 4.288093 ] }, { "date": "2023-08-11", "close": 4.305668, "volume": 920400, "typical_volume": 473776.7, "trend": 4.487249, "fair_value": 4.499792, "relative_strength": -2.185169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.397886, "energy": 30.164185, "activity_lines": [ 4.263528, 4.117494, 4.122917, 4.274899 ] }, { "date": "2023-08-18", "close": 4.140771, "volume": 473100, "typical_volume": 485608.1, "trend": 4.461604, "fair_value": 4.494372, "relative_strength": -2.779092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.851095, "energy": 25.32988, "activity_lines": [ 4.242763, 4.138769, 4.112645, 4.252545 ] }, { "date": "2023-08-25", "close": 4.030839, "volume": 360800, "typical_volume": 489147.6, "trend": 4.428949, "fair_value": 4.487063, "relative_strength": -2.307281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.96738, "energy": 21.794961, "activity_lines": [ 4.176193, 4.135946, 4.095488, 4.224754 ] }, { "date": "2023-09-01", "close": 4.168254, "volume": 1422795, "typical_volume": 546677.35, "trend": 4.400874, "fair_value": 4.480766, "relative_strength": -2.174259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.279044, "energy": 14.160218, "activity_lines": [ 4.157261, 4.15554, 4.095485, 4.207935 ] }, { "date": "2023-09-08", "close": 4.232381, "volume": 446460, "typical_volume": 548576.25, "trend": 4.374657, "fair_value": 4.477514, "relative_strength": 1.066263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.748946, "energy": 17.102189, "activity_lines": [ 4.167643, 4.180206, 4.104684, 4.197065 ] }, { "date": "2023-09-15", "close": 4.149932, "volume": 240310, "typical_volume": 510939.0, "trend": 4.346808, "fair_value": 4.474304, "relative_strength": 0.4884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.528454, "energy": 17.624183, "activity_lines": [ 4.159093, 4.180913, 4.108303, 4.182566 ] }, { "date": "2023-09-22", "close": 4.104127, "volume": 265600, "typical_volume": 497529.0, "trend": 4.316595, "fair_value": 4.473655, "relative_strength": -0.906507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.92938, "energy": 14.691774, "activity_lines": [ 4.145657, 4.168254, 4.108988, 4.166909 ] }, { "date": "2023-09-29", "close": 4.058321, "volume": 120140, "typical_volume": 488492.0, "trend": 4.284856, "fair_value": 4.472185, "relative_strength": -1.207971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.369958, "energy": 20.17776, "activity_lines": [ 4.119395, 4.145435, 4.10648, 4.150246 ] }, { "date": "2023-10-13", "close": 3.911746, "volume": 348404, "typical_volume": 497842.5, "trend": 4.251576, "fair_value": 4.467888, "relative_strength": -4.193702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.656761, "energy": 36.57201, "activity_lines": [ 4.042443, 4.095965, 4.09124, 4.126175 ] }, { "date": "2023-10-20", "close": 3.774331, "volume": 214868, "typical_volume": 489604.9, "trend": 4.214832, "fair_value": 4.463456, "relative_strength": -2.571199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.748811, "energy": 68.824606, "activity_lines": [ 3.936786, 4.02834, 4.06476, 4.095385 ] }, { "date": "2023-10-27", "close": 3.801814, "volume": 181928, "typical_volume": 467601.3, "trend": 4.178167, "fair_value": 4.459508, "relative_strength": -3.721741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.164128, "energy": 74.086696, "activity_lines": [ 3.870827, 3.976373, 4.042323, 4.068739 ] }, { "date": "2023-11-03", "close": 3.444535, "volume": 489100, "typical_volume": 479593.8, "trend": 4.129871, "fair_value": 4.453225, "relative_strength": -13.195612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.515415, "energy": 90.342647, "activity_lines": [ 3.708982, 3.868606, 3.986516, 4.021407 ] }, { "date": "2023-11-10", "close": 3.517823, "volume": 452732, "typical_volume": 494691.9, "trend": 4.084297, "fair_value": 4.447457, "relative_strength": -12.147062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.609461, "energy": 89.018558, "activity_lines": [ 3.61554, 3.786823, 3.939928, 3.98192 ] }, { "date": "2023-11-17", "close": 3.701043, "volume": 330200, "typical_volume": 500836.9, "trend": 4.047062, "fair_value": 4.444355, "relative_strength": -7.432786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.792933, "energy": 81.928281, "activity_lines": [ 3.619205, 3.747681, 3.91256, 3.957194 ] }, { "date": "2023-11-24", "close": 3.701043, "volume": 394840, "typical_volume": 500926.4, "trend": 4.013451, "fair_value": 4.444986, "relative_strength": -5.930751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.689661, "energy": 74.319787, "activity_lines": [ 3.636916, 3.717033, 3.885692, 3.934871 ] }, { "date": "2023-12-01", "close": 3.609433, "volume": 420930, "typical_volume": 500815.3, "trend": 3.985429, "fair_value": 4.443975, "relative_strength": -6.896403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.760381, "energy": 52.701933, "activity_lines": [ 3.628976, 3.67939, 3.85028, 3.908805 ] }, { "date": "2023-12-08", "close": 3.572789, "volume": 163600, "typical_volume": 479704.2, "trend": 3.959533, "fair_value": 4.442906, "relative_strength": -5.954025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.779684, "energy": 51.157359, "activity_lines": [ 3.621648, 3.644911, 3.812633, 3.882183 ] }, { "date": "2023-12-15", "close": 3.627755, "volume": 185001, "typical_volume": 472999.25, "trend": 3.936584, "fair_value": 4.442891, "relative_strength": -2.554523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.132922, "energy": 46.557426, "activity_lines": [ 3.624091, 3.630087, 3.78227, 3.860778 ] }, { "date": "2023-12-22", "close": 3.563628, "volume": 102656, "typical_volume": 433216.05, "trend": 3.912055, "fair_value": 4.442289, "relative_strength": -2.300124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.158549, "energy": 49.215757, "activity_lines": [ 3.597829, 3.611432, 3.747851, 3.836716 ] }, { "date": "2023-12-29", "close": 3.591111, "volume": 238576, "typical_volume": 388622.0, "trend": 3.89597, "fair_value": 4.440195, "relative_strength": -4.376552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.125969, "energy": 44.648809, "activity_lines": [ 3.58989, 3.604103, 3.719496, 3.81601 ] }, { "date": "2024-01-05", "close": 3.591111, "volume": 221501, "typical_volume": 353677.05, "trend": 3.884346, "fair_value": 4.439638, "relative_strength": 0.218672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.620579, "energy": 41.381277, "activity_lines": [ 3.589279, 3.600105, 3.694805, 3.796342 ] }, { "date": "2024-01-12", "close": 3.600272, "volume": 305800, "typical_volume": 345312.05, "trend": 3.873865, "fair_value": 4.438657, "relative_strength": 2.047682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.941244, "energy": 38.412544, "activity_lines": [ 3.592943, 3.601605, 3.674389, 3.778015 ] }, { "date": "2024-01-19", "close": 3.554467, "volume": 563701, "typical_volume": 355457.1, "trend": 3.862693, "fair_value": 4.437821, "relative_strength": 3.324678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.729645, "energy": 38.258633, "activity_lines": [ 3.579507, 3.591944, 3.652184, 3.757408 ] }, { "date": "2024-01-26", "close": 3.627755, "volume": 818060, "typical_volume": 325220.35, "trend": 3.856752, "fair_value": 4.43763, "relative_strength": 5.799962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.928213, "energy": 27.745884, "activity_lines": [ 3.595386, 3.594942, 3.639228, 3.742251 ] }, { "date": "2024-02-02", "close": 3.563628, "volume": 410000, "typical_volume": 323397.35, "trend": 3.850904, "fair_value": 4.437731, "relative_strength": 12.911276, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.109168, "energy": 32.601428, "activity_lines": [ 3.585614, 3.587613, 3.622738, 3.72334 ] }, { "date": "2024-02-09", "close": 3.517823, "volume": 427200, "typical_volume": 332741.85, "trend": 3.839069, "fair_value": 4.437626, "relative_strength": 1.879562, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.071117, "energy": 35.920844, "activity_lines": [ 3.562407, 3.574455, 3.605071, 3.701851 ] }, { "date": "2024-02-23", "close": 3.526984, "volume": 738500, "typical_volume": 356386.85, "trend": 3.82319, "fair_value": 4.437755, "relative_strength": -0.510072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.502103, "energy": 35.890922, "activity_lines": [ 3.547138, 3.564627, 3.591285, 3.681716 ] }, { "date": "2024-03-01", "close": 3.591111, "volume": 594800, "typical_volume": 380119.85, "trend": 3.807616, "fair_value": 4.438735, "relative_strength": -2.408031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.694193, "energy": 33.954175, "activity_lines": [ 3.558131, 3.567292, 3.586356, 3.666743 ] }, { "date": "2024-03-08", "close": 3.591111, "volume": 310490, "typical_volume": 378224.15, "trend": 3.784408, "fair_value": 4.439363, "relative_strength": -1.520815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.608443, "energy": 30.342117, "activity_lines": [ 3.566682, 3.570624, 3.583651, 3.652775 ] }, { "date": "2024-03-15", "close": 3.536145, "volume": 359932, "typical_volume": 385477.35, "trend": 3.756925, "fair_value": 4.438937, "relative_strength": -5.22949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.508838, "energy": 29.182995, "activity_lines": [ 3.559353, 3.563461, 3.577239, 3.636758 ] }, { "date": "2024-03-22", "close": 3.526984, "volume": 220550, "typical_volume": 387408.45, "trend": 3.730969, "fair_value": 4.4381, "relative_strength": -4.723599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.041217, "energy": 27.690497, "activity_lines": [ 3.550803, 3.555633, 3.571088, 3.621923 ] }, { "date": "2024-03-29", "close": 3.591111, "volume": 427199, "typical_volume": 384313.4, "trend": 3.712647, "fair_value": 4.436621, "relative_strength": -1.043775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.540337, "energy": 19.649459, "activity_lines": [ 3.563017, 3.56063, 3.572353, 3.6129 ] }, { "date": "2024-04-05", "close": 3.627755, "volume": 394800, "typical_volume": 381416.8, "trend": 3.699211, "fair_value": 4.435552, "relative_strength": -1.338624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.523163, "energy": 13.723448, "activity_lines": [ 3.583171, 3.572456, 3.57641, 3.607423 ] }, { "date": "2024-04-12", "close": 3.609433, "volume": 404000, "typical_volume": 385106.8, "trend": 3.680583, "fair_value": 4.434278, "relative_strength": 1.662997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.550166, "energy": 8.208376, "activity_lines": [ 3.594775, 3.579618, 3.578198, 3.601631 ] }, { "date": "2024-04-19", "close": 3.554467, "volume": 547367, "typical_volume": 392733.15, "trend": 3.657986, "fair_value": 4.431554, "relative_strength": -0.312625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.484447, "energy": 10.948399, "activity_lines": [ 3.586836, 3.57712, 3.575188, 3.593495 ] }, { "date": "2024-04-26", "close": 3.572789, "volume": 360900, "typical_volume": 389731.65, "trend": 3.638748, "fair_value": 4.428728, "relative_strength": -1.600025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.287952, "energy": 8.579711, "activity_lines": [ 3.583782, 3.578119, 3.574621, 3.587998 ] }, { "date": "2024-05-03", "close": 3.545306, "volume": 417699, "typical_volume": 402436.6, "trend": 3.620121, "fair_value": 4.424541, "relative_strength": -3.410969, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.699262, "energy": 16.529891, "activity_lines": [ 3.568514, 3.573122, 3.571611, 3.58197 ] }, { "date": "2024-05-10", "close": 3.563628, "volume": 534865, "typical_volume": 419929.8, "trend": 3.603631, "fair_value": 4.420251, "relative_strength": -4.223335, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.140698, "energy": 17.768246, "activity_lines": [ 3.562407, 3.571123, 3.570477, 3.578325 ] }, { "date": "2024-05-17", "close": 3.756009, "volume": 1187025, "typical_volume": 474148.25, "trend": 3.59844, "fair_value": 4.417326, "relative_strength": 1.185126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.26877, "energy": 26.436593, "activity_lines": [ 3.624701, 3.604603, 3.58797, 3.588156 ] }, { "date": "2024-05-24", "close": 3.655238, "volume": 658500, "typical_volume": 495144.45, "trend": 3.59447, "fair_value": 4.413185, "relative_strength": 1.468645, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.623337, "energy": 31.91823, "activity_lines": [ 3.643634, 3.616762, 3.59495, 3.59182 ] }, { "date": "2024-05-31", "close": 3.691882, "volume": 702812, "typical_volume": 519210.0, "trend": 3.590806, "fair_value": 4.408958, "relative_strength": 3.110464, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.207117, "energy": 52.627448, "activity_lines": [ 3.668063, 3.633418, 3.605114, 3.598105 ] }, { "date": "2024-06-07", "close": 3.691882, "volume": 469042, "typical_volume": 527372.1, "trend": 3.599051, "fair_value": 4.40416, "relative_strength": 4.187896, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.777271, "energy": 57.911945, "activity_lines": [ 3.684553, 3.647076, 3.614799, 3.604626 ] }, { "date": "2024-06-14", "close": 3.756009, "volume": 623900, "typical_volume": 530382.05, "trend": 3.60699, "fair_value": 4.399868, "relative_strength": 5.783292, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.253967, "energy": 60.61341, "activity_lines": [ 3.712647, 3.670562, 3.630154, 3.614752 ] }, { "date": "2024-06-21", "close": 3.77, "volume": 441710, "typical_volume": 511564.55, "trend": 3.609289, "fair_value": 4.396332, "relative_strength": 8.084261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.6012, "energy": 59.935508, "activity_lines": [ 3.732579, 3.694259, 3.645883, 3.625269 ] }, { "date": "2024-06-28", "close": 3.81, "volume": 581910, "typical_volume": 520160.05, "trend": 3.612921, "fair_value": 4.392672, "relative_strength": 11.417161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.757329, "energy": 66.679311, "activity_lines": [ 3.764912, 3.72231, 3.664743, 3.638218 ] }, { "date": "2024-07-05", "close": 3.81, "volume": 402861, "typical_volume": 518943.1, "trend": 3.619606, "fair_value": 4.388297, "relative_strength": 12.851658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.395393, "energy": 64.078536, "activity_lines": [ 3.786927, 3.745715, 3.68243, 3.650933 ] }, { "date": "2024-07-12", "close": 3.67, "volume": 821077, "typical_volume": 523071.95, "trend": 3.622846, "fair_value": 4.382788, "relative_strength": 6.361304, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.16225, "energy": 38.116966, "activity_lines": [ 3.754401, 3.739352, 3.685393, 3.654184 ] }, { "date": "2024-07-19", "close": 3.63, "volume": 267500, "typical_volume": 506706.95, "trend": 3.622921, "fair_value": 4.377878, "relative_strength": 4.353345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.71502, "energy": 21.296949, "activity_lines": [ 3.71, 3.723449, 3.683865, 3.654646 ] }, { "date": "2024-07-26", "close": 3.57, "volume": 351921, "typical_volume": 508778.5, "trend": 3.623134, "fair_value": 4.372442, "relative_strength": 6.000611, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.512223, "energy": 13.996256, "activity_lines": [ 3.654, 3.695431, 3.676438, 3.651231 ] }, { "date": "2024-08-02", "close": 3.64, "volume": 1012741, "typical_volume": 541418.95, "trend": 3.624763, "fair_value": 4.367692, "relative_strength": 8.363509, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.10534, "energy": 21.390737, "activity_lines": [ 3.634667, 3.683521, 3.675778, 3.65232 ] }, { "date": "2024-08-09", "close": 3.77, "volume": 1636151, "typical_volume": 612199.0, "trend": 3.630726, "fair_value": 4.36387, "relative_strength": 14.019739, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.259066, "energy": 20.268813, "activity_lines": [ 3.67, 3.695525, 3.687004, 3.66169 ] }, { "date": "2024-08-16", "close": 3.59, "volume": 478325, "typical_volume": 614755.3, "trend": 3.630384, "fair_value": 4.358181, "relative_strength": 8.922836, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.762628, "energy": 8.248501, "activity_lines": [ 3.648, 3.673382, 3.67993, 3.659062 ] }, { "date": "2024-08-23", "close": 3.53, "volume": 269500, "typical_volume": 608490.3, "trend": 3.629568, "fair_value": 4.351536, "relative_strength": 9.124948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.384448, "energy": 16.880706, "activity_lines": [ 3.611333, 3.642182, 3.667147, 3.652586 ] }, { "date": "2024-08-30", "close": 3.55, "volume": 412617, "typical_volume": 608921.15, "trend": 3.626977, "fair_value": 4.345495, "relative_strength": 7.40065, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.51331, "energy": 21.337209, "activity_lines": [ 3.588, 3.618727, 3.656735, 3.647452 ] }, { "date": "2024-09-06", "close": 3.5, "volume": 214196, "typical_volume": 592262.6, "trend": 3.624856, "fair_value": 4.338943, "relative_strength": 8.551502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.249303, "energy": 40.646441, "activity_lines": [ 3.549333, 3.590182, 3.641843, 3.63926 ] }, { "date": "2024-09-13", "close": 3.41, "volume": 299227, "typical_volume": 589178.95, "trend": 3.621261, "fair_value": 4.331719, "relative_strength": 7.560343, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.576716, "energy": 55.172316, "activity_lines": [ 3.49, 3.550909, 3.61864, 3.625399 ] }, { "date": "2024-09-20", "close": 3.5, "volume": 277912, "typical_volume": 582189.6, "trend": 3.620362, "fair_value": 4.325262, "relative_strength": 9.031927, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.905671, "energy": 57.493771, "activity_lines": [ 3.484667, 3.535273, 3.604783, 3.617575 ] }, { "date": "2024-09-27", "close": 3.81, "volume": 1211352, "typical_volume": 616013.95, "trend": 3.627658, "fair_value": 4.320507, "relative_strength": 0.772048, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.375503, "energy": 10.153682, "activity_lines": [ 3.588667, 3.579091, 3.620665, 3.62981 ] }, { "date": "2024-10-04", "close": 4.08, "volume": 1303500, "typical_volume": 621837.7, "trend": 3.643955, "fair_value": 4.317102, "relative_strength": -2.413437, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 71.915069, "energy": 42.274938, "activity_lines": [ 3.764, 3.668727, 3.661089, 3.658993 ] }, { "date": "2024-10-11", "close": 3.95, "volume": 2195962, "typical_volume": 698710.8, "trend": 3.65775, "fair_value": 4.31215, "relative_strength": -1.076142, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.100805, "energy": 47.146799, "activity_lines": [ 3.860667, 3.725455, 3.687589, 3.678738 ] }, { "date": "2024-10-18", "close": 4.03, "volume": 1244522, "typical_volume": 725796.3, "trend": 3.674517, "fair_value": 4.30852, "relative_strength": -1.968728, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.581317, "energy": 63.008461, "activity_lines": [ 3.954, 3.791091, 3.720304, 3.702754 ] }, { "date": "2024-10-25", "close": 4.07, "volume": 1410539, "typical_volume": 772871.15, "trend": 3.69048, "fair_value": 4.30467, "relative_strength": -3.387697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.71937, "energy": 74.768518, "activity_lines": [ 4.019333, 3.859273, 3.755219, 3.728269 ] }, { "date": "2024-11-01", "close": 4.05, "volume": 1917509, "typical_volume": 837551.6, "trend": 3.704555, "fair_value": 4.300644, "relative_strength": -2.343021, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.153693, "energy": 69.466915, "activity_lines": [ 4.04, 3.915091, 3.786429, 3.751464 ] }, { "date": "2024-11-08", "close": 4.17, "volume": 964291, "typical_volume": 863680.65, "trend": 3.72324, "fair_value": 4.297625, "relative_strength": -5.92095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.333719, "energy": 71.012796, "activity_lines": [ 4.084667, 3.983273, 3.827667, 3.781493 ] }, { "date": "2024-11-15", "close": 4.03, "volume": 1103181, "typical_volume": 889744.2, "trend": 3.739091, "fair_value": 4.294138, "relative_strength": -5.6906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.536703, "energy": 49.446791, "activity_lines": [ 4.076667, 4.014727, 3.853667, 3.801284 ] }, { "date": "2024-11-22", "close": 3.95, "volume": 413790, "typical_volume": 890290.65, "trend": 3.751665, "fair_value": 4.29009, "relative_strength": -4.850123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.264802, "energy": 39.170674, "activity_lines": [ 4.036667, 4.022, 3.871, 3.814891 ] }, { "date": "2024-11-29", "close": 3.98, "volume": 481360, "typical_volume": 873304.8, "trend": 3.766155, "fair_value": 4.287376, "relative_strength": -5.685508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.077107, "energy": 29.933903, "activity_lines": [ 4.012, 4.024909, 3.890524, 3.829622 ] }, { "date": "2024-12-06", "close": 4.0, "volume": 278000, "typical_volume": 873829.8, "trend": 3.780701, "fair_value": 4.284791, "relative_strength": -6.786368, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.449366, "energy": 23.046202, "activity_lines": [ 4.0, 4.022727, 3.910476, 3.844709 ] }, { "date": "2024-12-13", "close": 3.98, "volume": 409739, "typical_volume": 876720.7, "trend": 3.788167, "fair_value": 4.281459, "relative_strength": -6.563745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.860612, "energy": 19.105436, "activity_lines": [ 3.984667, 4.013455, 3.926762, 3.857567 ] }, { "date": "2024-12-20", "close": 3.94, "volume": 153800, "typical_volume": 833773.65, "trend": 3.797659, "fair_value": 4.277871, "relative_strength": -6.851312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.083058, "energy": 17.162985, "activity_lines": [ 3.968667, 3.998727, 3.937286, 3.867363 ] }, { "date": "2024-12-27", "close": 3.88, "volume": 172420, "typical_volume": 760587.1, "trend": 3.80393, "fair_value": 4.274469, "relative_strength": -8.284999, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.346285, "energy": 15.625804, "activity_lines": [ 3.938667, 3.973273, 3.940667, 3.872675 ] }, { "date": "2025-01-03", "close": 3.7, "volume": 400600, "typical_volume": 756700.85, "trend": 3.8042, "fair_value": 4.26958, "relative_strength": -5.78393, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.299076, "energy": 11.456633, "activity_lines": [ 3.853333, 3.917818, 3.926381, 3.86597 ] }, { "date": "2025-01-10", "close": 3.72, "volume": 157710, "typical_volume": 751111.35, "trend": 3.803, "fair_value": 4.264724, "relative_strength": -4.230506, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.714733, "energy": 29.462582, "activity_lines": [ 3.793333, 3.872727, 3.913476, 3.860538 ] }, { "date": "2025-01-17", "close": 3.71, "volume": 473940, "typical_volume": 754177.5, "trend": 3.801, "fair_value": 4.259756, "relative_strength": -7.765415, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.136485, "energy": 44.991541, "activity_lines": [ 3.748667, 3.831818, 3.898714, 3.854538 ] }, { "date": "2025-01-24", "close": 3.49, "volume": 646064, "typical_volume": 775770.9, "trend": 3.790333, "fair_value": 4.253093, "relative_strength": -14.069424, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.076064, "energy": 62.424725, "activity_lines": [ 3.648667, 3.759273, 3.862238, 3.834473 ] }, { "date": "2025-01-31", "close": 3.5, "volume": 182300, "typical_volume": 769924.55, "trend": 3.78, "fair_value": 4.246446, "relative_strength": -12.367229, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.982668, "energy": 66.815178, "activity_lines": [ 3.582, 3.698364, 3.826762, 3.815742 ] }, { "date": "2025-02-07", "close": 3.45, "volume": 490030, "typical_volume": 780530.45, "trend": 3.772667, "fair_value": 4.239145, "relative_strength": -16.575074, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.182033, "energy": 73.957278, "activity_lines": [ 3.524, 3.636545, 3.786095, 3.794452 ] }, { "date": "2025-02-14", "close": 3.43, "volume": 448839, "typical_volume": 742404.8, "trend": 3.766, "fair_value": 4.232002, "relative_strength": -18.075837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.382876, "energy": 78.650459, "activity_lines": [ 3.476, 3.580727, 3.743762, 3.772344 ] }, { "date": "2025-02-21", "close": 3.39, "volume": 290675, "typical_volume": 691763.55, "trend": 3.76, "fair_value": 4.224269, "relative_strength": -20.49742, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.998941, "energy": 88.627644, "activity_lines": [ 3.434, 3.528, 3.699429, 3.748086 ] }, { "date": "2025-02-28", "close": 3.44, "volume": 175310, "typical_volume": 590730.95, "trend": 3.753333, "fair_value": 4.217189, "relative_strength": -16.200301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.067372, "energy": 84.684868, "activity_lines": [ 3.43, 3.495091, 3.663143, 3.727441 ] }, { "date": "2025-03-07", "close": 3.43, "volume": 238343, "typical_volume": 540422.0, "trend": 3.742, "fair_value": 4.209713, "relative_strength": -17.962186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.962138, "energy": 78.01064, "activity_lines": [ 3.426, 3.469455, 3.628333, 3.706581 ] }, { "date": "2025-03-14", "close": 3.4, "volume": 193031, "typical_volume": 479546.6, "trend": 3.735667, "fair_value": 4.202139, "relative_strength": -19.442849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.688975, "energy": 66.177653, "activity_lines": [ 3.416667, 3.446545, 3.593524, 3.684516 ] }, { "date": "2025-03-21", "close": 3.24, "volume": 331840, "typical_volume": 400263.15, "trend": 3.726, "fair_value": 4.193635, "relative_strength": -20.885934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.662219, "energy": 67.917659, "activity_lines": [ 3.357333, 3.4, 3.546667, 3.652538 ] }, { "date": "2025-03-28", "close": 3.05, "volume": 646400, "typical_volume": 384368.6, "trend": 3.709333, "fair_value": 4.183961, "relative_strength": -24.604688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.989773, "energy": 77.78904, "activity_lines": [ 3.247333, 3.327636, 3.485571, 3.608925 ] }, { "date": "2025-04-04", "close": 2.91, "volume": 371840, "typical_volume": 347801.55, "trend": 3.689667, "fair_value": 4.173865, "relative_strength": -26.018229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.85147, "energy": 94.652604, "activity_lines": [ 3.113333, 3.241818, 3.416476, 3.557355 ] }, { "date": "2025-04-11", "close": 2.64, "volume": 784800, "typical_volume": 366352.05, "trend": 3.664, "fair_value": 4.161943, "relative_strength": -28.813998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.061892, "energy": 97.707144, "activity_lines": [ 2.924667, 3.117455, 3.327, 3.489634 ] }, { "date": "2025-04-18", "close": 2.6, "volume": 449180, "typical_volume": 364743.05, "trend": 3.634, "fair_value": 4.149574, "relative_strength": -29.09025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.762556, "energy": 96.552631, "activity_lines": [ 2.775333, 3.001455, 3.239952, 3.420989 ] }, { "date": "2025-04-25", "close": 2.62, "volume": 250900, "typical_volume": 363388.05, "trend": 3.594333, "fair_value": 4.13405, "relative_strength": -29.108292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.643753, "energy": 93.155736, "activity_lines": [ 2.686, 2.904545, 3.161381, 3.35557 ] }, { "date": "2025-05-02", "close": 2.62, "volume": 129400, "typical_volume": 349371.1, "trend": 3.545667, "fair_value": 4.118334, "relative_strength": -28.597418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.985228, "energy": 90.402119, "activity_lines": [ 2.638, 2.822364, 3.089381, 3.29271 ] }, { "date": "2025-05-09", "close": 2.66, "volume": 270501, "typical_volume": 355206.15, "trend": 3.502667, "fair_value": 4.103352, "relative_strength": -28.749596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.525141, "energy": 87.618879, "activity_lines": [ 2.632, 2.761455, 3.027667, 3.23557 ] }, { "date": "2025-05-16", "close": 2.62, "volume": 347854, "typical_volume": 363977.85, "trend": 3.455667, "fair_value": 4.088874, "relative_strength": -29.710129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.704873, "energy": 68.419267, "activity_lines": [ 2.629333, 2.707455, 2.968238, 3.178624 ] }, { "date": "2025-05-23", "close": 2.66, "volume": 231530, "typical_volume": 355524.35, "trend": 3.408667, "fair_value": 4.07332, "relative_strength": -27.82965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.293271, "energy": 66.1193, "activity_lines": [ 2.641333, 2.675455, 2.918619, 3.12729 ] }, { "date": "2025-05-30", "close": 2.67, "volume": 286550, "typical_volume": 361966.35, "trend": 3.362667, "fair_value": 4.058925, "relative_strength": -26.396803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.115745, "energy": 63.664875, "activity_lines": [ 2.652667, 2.658727, 2.874905, 3.079634 ] }, { "date": "2025-06-06", "close": 2.63, "volume": 310751, "typical_volume": 353806.9, "trend": 3.311333, "fair_value": 4.042846, "relative_strength": -27.978947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.149927, "energy": 60.040763, "activity_lines": [ 2.647333, 2.645091, 2.832381, 3.032366 ] }, { "date": "2025-06-13", "close": 2.7, "volume": 508554, "typical_volume": 346931.4, "trend": 3.267, "fair_value": 4.027167, "relative_strength": -25.052592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.187284, "energy": 54.351993, "activity_lines": [ 2.664667, 2.651818, 2.801667, 2.992925 ] }, { "date": "2025-06-20", "close": 2.72, "volume": 254000, "typical_volume": 350516.4, "trend": 3.226, "fair_value": 4.01195, "relative_strength": -23.014758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.667257, "energy": 50.544774, "activity_lines": [ 2.686, 2.666, 2.776619, 2.957634 ] }, { "date": "2025-06-27", "close": 2.9, "volume": 722050, "typical_volume": 362117.4, "trend": 3.19, "fair_value": 3.997649, "relative_strength": -20.217464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.392376, "energy": 35.366197, "activity_lines": [ 2.760667, 2.711455, 2.772429, 2.936602 ] }, { "date": "2025-07-04", "close": 2.98, "volume": 1231311, "typical_volume": 401241.0, "trend": 3.156, "fair_value": 3.984194, "relative_strength": -18.339259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.404793, "energy": 25.958431, "activity_lines": [ 2.846, 2.766, 2.778476, 2.923054 ] }, { "date": "2025-07-11", "close": 3.0, "volume": 487140, "typical_volume": 411064.25, "trend": 3.123333, "fair_value": 3.970724, "relative_strength": -18.62712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.826032, "energy": 33.28563, "activity_lines": [ 2.917333, 2.817636, 2.788571, 2.912989 ] }, { "date": "2025-07-18", "close": 2.92, "volume": 849874, "typical_volume": 444792.45, "trend": 3.089333, "fair_value": 3.956076, "relative_strength": -21.765406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.886481, "energy": 33.656996, "activity_lines": [ 2.937333, 2.847818, 2.792905, 2.899871 ] }, { "date": "2025-07-25", "close": 2.98, "volume": 628428, "typical_volume": 464296.7, "trend": 3.059333, "fair_value": 3.941573, "relative_strength": -21.319173, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.255061, "energy": 35.62112, "activity_lines": [ 2.962667, 2.884182, 2.805429, 2.892817 ] }, { "date": "2025-08-01", "close": 3.0, "volume": 617254, "typical_volume": 485507.85, "trend": 3.036, "fair_value": 3.927247, "relative_strength": -18.814284, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 11.558541, "energy": 41.863507, "activity_lines": [ 2.977333, 2.917636, 2.822, 2.888989 ] }, { "date": "2025-08-08", "close": 3.01, "volume": 411500, "typical_volume": 489490.85, "trend": 3.012333, "fair_value": 3.914638, "relative_strength": -18.718268, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 12.191464, "energy": 37.154367, "activity_lines": [ 2.988667, 2.946727, 2.841429, 2.887312 ] }, { "date": "2025-08-15", "close": 3.32, "volume": 4689360, "typical_volume": 691638.85, "trend": 2.999333, "fair_value": 3.903962, "relative_strength": -13.523507, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.090875, "energy": 70.184702, "activity_lines": [ 3.101333, 3.026, 2.891476, 2.907161 ] }, { "date": "2025-08-22", "close": 3.43, "volume": 3981399, "typical_volume": 872116.8, "trend": 2.997333, "fair_value": 3.89383, "relative_strength": -13.809606, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 65.43791, "energy": 83.536353, "activity_lines": [ 3.229333, 3.112727, 2.950714, 2.934946 ] }, { "date": "2025-08-29", "close": 3.28, "volume": 2244260, "typical_volume": 945089.8, "trend": 2.99, "fair_value": 3.883703, "relative_strength": -20.237561, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.531169, "energy": 73.974185, "activity_lines": [ 3.273333, 3.158909, 2.99319, 2.953183 ] }, { "date": "2025-09-05", "close": 3.26, "volume": 809037, "typical_volume": 963082.65, "trend": 2.983667, "fair_value": 3.873125, "relative_strength": -19.236499, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.884452, "energy": 70.23685, "activity_lines": [ 3.290667, 3.191273, 3.030714, 2.970602 ] }, { "date": "2025-09-12", "close": 3.4, "volume": 942965, "typical_volume": 997685.9, "trend": 2.982667, "fair_value": 3.863016, "relative_strength": -17.126608, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.411051, "energy": 75.636523, "activity_lines": [ 3.337333, 3.242545, 3.078429, 2.997462 ] }, { "date": "2025-09-19", "close": 3.33, "volume": 507180, "typical_volume": 1016574.9, "trend": 2.980667, "fair_value": 3.852887, "relative_strength": -18.865827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.290548, "energy": 56.609978, "activity_lines": [ 3.334667, 3.273455, 3.115762, 3.019871 ] }, { "date": "2025-09-26", "close": 3.29, "volume": 622601, "typical_volume": 1034179.9, "trend": 2.975667, "fair_value": 3.842501, "relative_strength": -19.936578, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.867837, "energy": 52.638554, "activity_lines": [ 3.318, 3.291091, 3.145905, 3.039828 ] }, { "date": "2025-10-03", "close": 3.36, "volume": 216300, "typical_volume": 1027602.2, "trend": 2.973333, "fair_value": 3.832564, "relative_strength": -19.460028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.078056, "energy": 54.689427, "activity_lines": [ 3.334, 3.314727, 3.179714, 3.064624 ] }, { "date": "2025-10-10", "close": 3.37, "volume": 279390, "typical_volume": 1029995.2, "trend": 2.972333, "fair_value": 3.823121, "relative_strength": -17.463548, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.053845, "energy": 50.804605, "activity_lines": [ 3.348, 3.333273, 3.210952, 3.090215 ] }, { "date": "2025-10-17", "close": 3.39, "volume": 1699780, "typical_volume": 1100656.7, "trend": 2.977333, "fair_value": 3.814449, "relative_strength": -11.937439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.268012, "energy": 48.904685, "activity_lines": [ 3.361333, 3.348727, 3.240714, 3.117161 ] }, { "date": "2025-10-24", "close": 3.57, "volume": 2136057, "typical_volume": 1191922.0, "trend": 2.994667, "fair_value": 3.807413, "relative_strength": -10.802322, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.113641, "energy": 57.875082, "activity_lines": [ 3.435333, 3.39, 3.28419, 3.155398 ] }, { "date": "2025-10-31", "close": 3.64, "volume": 1739793, "typical_volume": 1253483.95, "trend": 3.019, "fair_value": 3.800612, "relative_strength": -8.988705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.810724, "energy": 61.182726, "activity_lines": [ 3.516667, 3.439455, 3.329857, 3.197032 ] }, { "date": "2025-11-07", "close": 3.51, "volume": 659202, "typical_volume": 1273744.05, "trend": 3.048, "fair_value": 3.793406, "relative_strength": -11.774214, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.474863, "energy": 53.724307, "activity_lines": [ 3.531333, 3.461455, 3.358667, 3.22871 ] }, { "date": "2025-11-14", "close": 3.57, "volume": 378879, "typical_volume": 1256585.5, "trend": 3.080333, "fair_value": 3.787872, "relative_strength": -8.36724, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.348435, "energy": 62.883618, "activity_lines": [ 3.556, 3.490182, 3.389429, 3.262387 ] }, { "date": "2025-11-21", "close": 3.36, "volume": 1017449, "typical_volume": 1245892.4, "trend": 3.105, "fair_value": 3.780402, "relative_strength": -8.434544, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.097679, "energy": 45.415701, "activity_lines": [ 3.497333, 3.475091, 3.397, 3.28043 ] }, { "date": "2025-11-28", "close": 3.41, "volume": 203800, "typical_volume": 1231725.4, "trend": 3.131333, "fair_value": 3.772501, "relative_strength": -9.596237, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.892211, "energy": 31.028896, "activity_lines": [ 3.457333, 3.469818, 3.407524, 3.300108 ] }, { "date": "2025-12-05", "close": 3.29, "volume": 378500, "typical_volume": 1208156.7, "trend": 3.152333, "fair_value": 3.763135, "relative_strength": -13.170695, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.439246, "energy": 19.262878, "activity_lines": [ 3.388, 3.441273, 3.404667, 3.310344 ] }, { "date": "2025-12-12", "close": 3.25, "volume": 517476, "typical_volume": 1202609.1, "trend": 3.173333, "fair_value": 3.753512, "relative_strength": -14.218801, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.189086, "energy": 19.795638, "activity_lines": [ 3.328667, 3.405455, 3.396238, 3.316645 ] }, { "date": "2025-12-19", "close": 3.18, "volume": 353240, "typical_volume": 1189408.4, "trend": 3.190667, "fair_value": 3.742475, "relative_strength": -14.57568, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.957512, "energy": 22.386472, "activity_lines": [ 3.263333, 3.358909, 3.379857, 3.317075 ] }, { "date": "2025-12-26", "close": 3.26, "volume": 105030, "typical_volume": 1174084.9, "trend": 3.210333, "fair_value": 3.73061, "relative_strength": -14.691477, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.005268, "energy": 21.776473, "activity_lines": [ 3.250667, 3.330364, 3.370238, 3.321548 ] }, { "date": "2026-01-02", "close": 3.32, "volume": 154287, "typical_volume": 947331.25, "trend": 3.233333, "fair_value": 3.719827, "relative_strength": -11.839959, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.282556, "energy": 18.174106, "activity_lines": [ 3.264667, 3.315091, 3.365143, 3.328624 ] }, { "date": "2026-01-09", "close": 3.3, "volume": 489730, "typical_volume": 772747.8, "trend": 3.253333, "fair_value": 3.70913, "relative_strength": -15.209151, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.145238, "energy": 13.983415, "activity_lines": [ 3.278, 3.300727, 3.358143, 3.332925 ] }, { "date": "2026-01-16", "close": 3.17, "volume": 471097, "typical_volume": 684089.65, "trend": 3.268333, "fair_value": 3.697922, "relative_strength": -18.654865, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.947949, "energy": 21.489559, "activity_lines": [ 3.247333, 3.268909, 3.339381, 3.327548 ] }, { "date": "2026-01-23", "close": 3.23, "volume": 556327, "typical_volume": 671454.15, "trend": 3.279333, "fair_value": 3.686616, "relative_strength": -17.353419, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.155068, "energy": 18.58365, "activity_lines": [ 3.242, 3.254182, 3.326857, 3.325075 ] }, { "date": "2026-01-30", "close": 3.28, "volume": 474160, "typical_volume": 648013.9, "trend": 3.289333, "fair_value": 3.676166, "relative_strength": -13.998016, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.371597, "energy": 20.213931, "activity_lines": [ 3.25, 3.254727, 3.319238, 3.325118 ] }, { "date": "2026-02-06", "close": 3.26, "volume": 221060, "typical_volume": 633707.9, "trend": 3.298, "fair_value": 3.664945, "relative_strength": -12.105727, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.561517, "energy": 24.473263, "activity_lines": [ 3.25, 3.253091, 3.310286, 3.323226 ] }, { "date": "2026-02-13", "close": 3.26, "volume": 354600, "typical_volume": 620307.85, "trend": 3.309333, "fair_value": 3.653724, "relative_strength": -12.758839, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.730821, "energy": 15.255139, "activity_lines": [ 3.254, 3.254182, 3.301667, 3.320774 ] }, { "date": "2026-02-27", "close": 3.2, "volume": 639760, "typical_volume": 641480.85, "trend": 3.316667, "fair_value": 3.642064, "relative_strength": -16.164252, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.042517, "energy": 32.652109, "activity_lines": [ 3.240667, 3.244909, 3.287476, 3.31372 ] }, { "date": "2026-03-06", "close": 3.18, "volume": 396979, "typical_volume": 647360.3, "trend": 3.322667, "fair_value": 3.630491, "relative_strength": -14.16706, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.860837, "energy": 47.288094, "activity_lines": [ 3.218667, 3.232909, 3.272143, 3.304903 ] }, { "date": "2026-03-13", "close": 3.16, "volume": 334859, "typical_volume": 579114.25, "trend": 3.327667, "fair_value": 3.618629, "relative_strength": -14.756865, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.947262, "energy": 60.792739, "activity_lines": [ 3.193333, 3.217273, 3.25581, 3.294409 ] }, { "date": "2026-03-20", "close": 3.14, "volume": 468330, "typical_volume": 495727.9, "trend": 3.321667, "fair_value": 3.606639, "relative_strength": -12.222483, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.813313, "energy": 71.06853, "activity_lines": [ 3.169333, 3.199818, 3.238667, 3.282301 ] }, { "date": "2026-03-27", "close": 3.05, "volume": 222700, "typical_volume": 419873.25, "trend": 3.309, "fair_value": 3.594715, "relative_strength": -13.557461, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.561755, "energy": 81.152809, "activity_lines": [ 3.123333, 3.169273, 3.215, 3.264774 ] }, { "date": "2026-04-03", "close": 3.05, "volume": 157330, "typical_volume": 394779.65, "trend": 3.301333, "fair_value": 3.583005, "relative_strength": -10.522878, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.045515, "energy": 81.944893, "activity_lines": [ 3.091333, 3.143273, 3.194143, 3.248065 ] }, { "date": "2026-04-10", "close": 3.0, "volume": 258351, "typical_volume": 388753.25, "trend": 3.292667, "fair_value": 3.570814, "relative_strength": -17.430951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.719432, "energy": 86.312373, "activity_lines": [ 3.052667, 3.110364, 3.170714, 3.228624 ] }, { "date": "2026-04-17", "close": 2.755321, "volume": 456100, "typical_volume": 360685.8, "trend": 3.271177, "fair_value": 3.557109, "relative_strength": -26.636383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.454147, "energy": 96.230354, "activity_lines": [ 2.94444, 3.037149, 3.126697, 3.193956 ] }, { "date": "2026-04-24", "close": 2.765232, "volume": 313100, "typical_volume": 366150.8, "trend": 3.252352, "fair_value": 3.54352, "relative_strength": -26.188836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.432093, "energy": 95.331576, "activity_lines": [ 2.866496, 2.975277, 3.086504, 3.161315 ] }, { "date": "2026-05-01", "close": 2.606652, "volume": 648641, "typical_volume": 379657.85, "trend": 3.229573, "fair_value": 3.529344, "relative_strength": -30.704953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.568329, "energy": 97.168139, "activity_lines": [ 2.760677, 2.893567, 3.034277, 3.119657 ] }, { "date": "2026-05-08", "close": 2.517451, "volume": 275106, "typical_volume": 367539.35, "trend": 3.201489, "fair_value": 3.515294, "relative_strength": -34.517705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.355348, "energy": 97.111303, "activity_lines": [ 2.65468, 2.807518, 2.97681, 3.073713 ] }, { "date": "2026-05-15", "close": 2.527362, "volume": 891720, "typical_volume": 394463.35, "trend": 3.173401, "fair_value": 3.502968, "relative_strength": -33.732408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.953271, "energy": 92.795095, "activity_lines": [ 2.58749, 2.735681, 2.923774, 3.030221 ] }, { "date": "2026-05-22", "close": 2.557096, "volume": 355520, "typical_volume": 406987.85, "trend": 3.145637, "fair_value": 3.491477, "relative_strength": -32.613201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.580335, "energy": 83.789538, "activity_lines": [ 2.561721, 2.681116, 2.876679, 2.990459 ] }, { "date": "2026-05-29", "close": 2.517451, "volume": 197651, "typical_volume": 409156.05, "trend": 3.110552, "fair_value": 3.479947, "relative_strength": -33.029442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.128004, "energy": 76.014359, "activity_lines": [ 2.535952, 2.630305, 2.829154, 2.949931 ] }, { "date": "2026-06-05", "close": 2.557096, "volume": 72001, "typical_volume": 388269.6, "trend": 3.074455, "fair_value": 3.468778, "relative_strength": -30.268213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.694574, "energy": 66.835538, "activity_lines": [ 2.539916, 2.598021, 2.789228, 2.914225 ] }, { "date": "2026-06-12", "close": 2.547185, "volume": 67100, "typical_volume": 368069.75, "trend": 3.042362, "fair_value": 3.458993, "relative_strength": -28.401574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.451421, "energy": 64.276937, "activity_lines": [ 2.543881, 2.572898, 2.751894, 2.880207 ] }, { "date": "2026-06-19", "close": 2.61, "volume": 318140, "typical_volume": 356160.4, "trend": 3.010362, "fair_value": 3.450468, "relative_strength": -30.939792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.55611, "energy": 60.134091, "activity_lines": [ 2.566802, 2.568337, 2.723509, 2.852313 ] }, { "date": "2026-06-26", "close": 2.46, "volume": 163020, "typical_volume": 340603.4, "trend": 2.980362, "fair_value": 3.441143, "relative_strength": -33.252415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.483488, "energy": 61.977066, "activity_lines": [ 2.534213, 2.543594, 2.683791, 2.816806 ] }, { "date": "2026-07-03", "close": 2.43, "volume": 40300, "typical_volume": 331565.4, "trend": 2.947695, "fair_value": 3.431786, "relative_strength": -32.599412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.429922, "energy": 63.753129, "activity_lines": [ 2.498098, 2.518766, 2.64512, 2.781298 ] }, { "date": "2026-07-10", "close": 2.37, "volume": 397521, "typical_volume": 333711.45, "trend": 2.917028, "fair_value": 3.422581, "relative_strength": -31.134832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.362954, "energy": 64.391886, "activity_lines": [ 2.447812, 2.489125, 2.604688, 2.744028 ] }, { "date": "2026-07-17", "close": 2.28, "volume": 191360, "typical_volume": 311291.45, "trend": 2.884695, "fair_value": 3.413228, "relative_strength": -26.569629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.267897, "energy": 80.733705, "activity_lines": [ 2.38, 2.447422, 2.559922, 2.702929 ] }, { "date": "2026-07-24", "close": 2.52, "volume": 750174, "typical_volume": 328951.2, "trend": 2.862695, "fair_value": 3.404556, "relative_strength": -18.655331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.558552, "energy": 58.105919, "activity_lines": [ 2.41, 2.453673, 2.542394, 2.6794 ] }, { "date": "2026-07-31", "close": 2.47, "volume": 1106834, "typical_volume": 367549.95, "trend": 2.836362, "fair_value": 3.394727, "relative_strength": -18.528266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.733853, "energy": 52.568697, "activity_lines": [ 2.429333, 2.450967, 2.523247, 2.654065 ] }, { "date": "2026-08-07", "close": 2.48, "volume": 343770, "typical_volume": 361321.95, "trend": 2.808362, "fair_value": 3.384609, "relative_strength": -21.711016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.951909, "energy": 43.307489, "activity_lines": [ 2.451333, 2.451663, 2.508338, 2.631074 ] } ], "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." } } }