{ "ticker": { "uuid": "1024b537-1eac-4e65-851e-4f7f04816a85", "symbol": "200512", "name": "Tsann Kuen (China) Enterprise Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -66.017, "architecture_energy": 66.431, "architecture_maturity": 92.033, "architecture_confidence": 77.363, "architecture_tenure": "Extended", "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": 11.17, "rotation_up": 11.91, "upward_expansion": 12.0, "deceleration": 58.96, "rotation_down": 73.26, "downward_expansion": 85.33 }, "activity_lines": [ 2.068667, 2.149384, 2.267901, 2.408539 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 2.23, "trend_reference": 2.603372, "distance_from_trend": -0.143419, "trend_direction": "Weakening", "fair_value": 2.974196, "distance_from_fair_value": -0.250218, "fair_value_direction": "Weakening", "relative_strength": -25.408025, "relative_strength_direction": "Improving", "price_momentum": -0.254181, "excess_performance": -0.26158, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.143419, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103762, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.250218, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.067462, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.25408, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.102833, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.254181, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.746706, "read": "Supply-led" } ], "volume": { "latest": 4618363, "relative_activity": 2.522779, "balance": 0.746706, "dry_up": 3.559688, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.068814, "annualized_volatility": 0.451944, "from_high_reference": -0.366477, "from_low_reference": 0.467105 }, "levels": { "trend_reference": 2.603372, "fair_value_reference": 2.974196, "structural_low": 1.52, "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": 27, "median_return": -0.015975, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.007476, "regime_survival": 0.814815, "best_return": 0.113621, "worst_return": -0.132979, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.017337, "positive_rate": 0.3, "directional_follow_through": 0.6, "median_excess_return": -0.02143, "regime_survival": 0.6, "best_return": 0.058717, "worst_return": -0.20339, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.026002, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.005521, "regime_survival": 0.5, "best_return": 0.175176, "worst_return": -0.239482, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.138193, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.034006, "regime_survival": 0.333333, "best_return": 0.134779, "worst_return": -0.1554, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-05", "end": "2024-01-26", "tenure": "New", "return": -0.02922, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-04-05", "tenure": "Developing", "return": 0.061433, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-12", "end": "2024-05-03", "tenure": "New", "return": 0.022436, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-12-20", "tenure": "Extended", "return": 0.255203, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-03-14", "tenure": "Developing", "return": -0.021448, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-04", "tenure": "Established", "return": 0.006332, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.053254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.027273, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": -0.014793, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.023952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.036585, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.031546, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-08-07", "tenure": "Extended", "return": -0.278317, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 2.898417, "volume": 167044, "typical_volume": 459178.05, "trend": 2.841978, "fair_value": 3.04069, "relative_strength": 5.910379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.584512, "energy": 17.932835, "activity_lines": [ 2.870321, 2.857033, 2.864953, 2.859129 ] }, { "date": "2023-08-04", "close": 2.94142, "volume": 357633, "typical_volume": 438731.3, "trend": 2.846253, "fair_value": 3.044351, "relative_strength": 5.862557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.841452, "energy": 35.924831, "activity_lines": [ 2.896697, 2.8747, 2.871345, 2.865545 ] }, { "date": "2023-08-11", "close": 2.881215, "volume": 357783, "typical_volume": 425669.25, "trend": 2.848001, "fair_value": 3.047627, "relative_strength": 7.454277, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.770743, "energy": 33.587928, "activity_lines": [ 2.89727, 2.880081, 2.871653, 2.867801 ] }, { "date": "2023-08-18", "close": 2.829612, "volume": 228363, "typical_volume": 428115.95, "trend": 2.852705, "fair_value": 3.050525, "relative_strength": 8.647872, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.285305, "energy": 18.247124, "activity_lines": [ 2.877775, 2.87371, 2.866907, 2.866614 ] }, { "date": "2023-08-25", "close": 2.778008, "volume": 152963, "typical_volume": 396122.4, "trend": 2.852831, "fair_value": 3.053046, "relative_strength": 9.684471, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.702356, "energy": 18.486083, "activity_lines": [ 2.842226, 2.856665, 2.85728, 2.861795 ] }, { "date": "2023-09-01", "close": 2.778008, "volume": 243300, "typical_volume": 373315.75, "trend": 2.853737, "fair_value": 3.055614, "relative_strength": 5.94416, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.559305, "energy": 34.216537, "activity_lines": [ 2.812984, 2.841653, 2.848451, 2.856968 ] }, { "date": "2023-09-08", "close": 2.769407, "volume": 117991, "typical_volume": 346945.9, "trend": 2.855135, "fair_value": 3.058126, "relative_strength": 7.198067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.186191, "energy": 57.022439, "activity_lines": [ 2.788902, 2.826641, 2.839676, 2.851527 ] }, { "date": "2023-09-15", "close": 2.752206, "volume": 233902, "typical_volume": 323957.75, "trend": 2.854402, "fair_value": 3.060389, "relative_strength": 7.730152, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.529466, "energy": 67.365425, "activity_lines": [ 2.770554, 2.810065, 2.830102, 2.844886 ] }, { "date": "2023-09-22", "close": 2.700602, "volume": 206069, "typical_volume": 316545.95, "trend": 2.851688, "fair_value": 3.062183, "relative_strength": 5.126952, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.708557, "energy": 70.982035, "activity_lines": [ 2.743605, 2.78567, 2.816608, 2.834964 ] }, { "date": "2023-09-29", "close": 2.735005, "volume": 236207, "typical_volume": 315290.4, "trend": 2.850381, "fair_value": 3.063224, "relative_strength": 6.997793, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.658181, "energy": 60.497743, "activity_lines": [ 2.736725, 2.770189, 2.807521, 2.827436 ] }, { "date": "2023-10-13", "close": 2.657599, "volume": 125003, "typical_volume": 308495.0, "trend": 2.843637, "fair_value": 3.062379, "relative_strength": 4.278643, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.47977, "energy": 63.408573, "activity_lines": [ 2.706909, 2.743136, 2.79162, 2.814998 ] }, { "date": "2023-10-20", "close": 2.605995, "volume": 242069, "typical_volume": 305907.4, "trend": 2.834912, "fair_value": 3.062223, "relative_strength": 7.369553, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.214779, "energy": 67.462796, "activity_lines": [ 2.66792, 2.711079, 2.771878, 2.799667 ] }, { "date": "2023-10-27", "close": 2.580193, "volume": 188824, "typical_volume": 289645.6, "trend": 2.825847, "fair_value": 3.061808, "relative_strength": 3.965749, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.277612, "energy": 67.958799, "activity_lines": [ 2.631224, 2.68043, 2.750926, 2.783233 ] }, { "date": "2023-11-03", "close": 2.580193, "volume": 159190, "typical_volume": 265002.4, "trend": 2.817302, "fair_value": 3.061208, "relative_strength": 2.978834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.426955, "energy": 69.752996, "activity_lines": [ 2.605995, 2.655253, 2.730786, 2.767384 ] }, { "date": "2023-11-10", "close": 2.648998, "volume": 268911, "typical_volume": 246321.25, "trend": 2.807413, "fair_value": 3.060586, "relative_strength": 4.289878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.307165, "energy": 55.528814, "activity_lines": [ 2.611729, 2.647122, 2.718049, 2.756526 ] }, { "date": "2023-11-17", "close": 2.657599, "volume": 236583, "typical_volume": 230478.5, "trend": 2.797292, "fair_value": 3.060575, "relative_strength": 4.400481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.748483, "energy": 41.254663, "activity_lines": [ 2.626063, 2.6429, 2.707278, 2.746861 ] }, { "date": "2023-11-24", "close": 2.631797, "volume": 243032, "typical_volume": 226200.6, "trend": 2.78683, "fair_value": 3.058778, "relative_strength": 4.69762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.719136, "energy": 34.681238, "activity_lines": [ 2.631797, 2.636175, 2.695032, 2.736184 ] }, { "date": "2023-12-01", "close": 2.623196, "volume": 335205, "typical_volume": 227607.45, "trend": 2.775562, "fair_value": 3.055721, "relative_strength": 5.454417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.060494, "energy": 27.658535, "activity_lines": [ 2.632944, 2.63039, 2.683032, 2.725627 ] }, { "date": "2023-12-08", "close": 2.648998, "volume": 307297, "typical_volume": 233028.9, "trend": 2.765933, "fair_value": 3.051856, "relative_strength": 8.151874, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.361957, "energy": 25.597422, "activity_lines": [ 2.639824, 2.63164, 2.674513, 2.717461 ] }, { "date": "2023-12-15", "close": 2.692002, "volume": 418041, "typical_volume": 241270.5, "trend": 2.760595, "fair_value": 3.048082, "relative_strength": 11.568181, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.018807, "energy": 20.911349, "activity_lines": [ 2.656452, 2.641649, 2.671032, 2.712691 ] }, { "date": "2023-12-22", "close": 2.700602, "volume": 118757, "typical_volume": 238856.15, "trend": 2.754505, "fair_value": 3.04339, "relative_strength": 13.51701, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.240603, "energy": 16.128098, "activity_lines": [ 2.67308, 2.654002, 2.66923, 2.708821 ] }, { "date": "2023-12-29", "close": 2.700602, "volume": 245036, "typical_volume": 233226.3, "trend": 2.748934, "fair_value": 3.036197, "relative_strength": 9.630822, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.297898, "energy": 17.421183, "activity_lines": [ 2.686841, 2.665574, 2.66837, 2.705343 ] }, { "date": "2024-01-05", "close": 2.648998, "volume": 180500, "typical_volume": 224362.15, "trend": 2.74554, "fair_value": 3.029831, "relative_strength": 12.066962, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.498969, "energy": 15.469404, "activity_lines": [ 2.678814, 2.666043, 2.663742, 2.698896 ] }, { "date": "2024-01-12", "close": 2.648998, "volume": 166258, "typical_volume": 221256.9, "trend": 2.741885, "fair_value": 3.022168, "relative_strength": 13.23582, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.605933, "energy": 12.821938, "activity_lines": [ 2.669066, 2.665261, 2.66022, 2.692667 ] }, { "date": "2024-01-19", "close": 2.614596, "volume": 405650, "typical_volume": 233891.25, "trend": 2.732711, "fair_value": 3.015442, "relative_strength": 14.015927, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.250937, "energy": 25.350845, "activity_lines": [ 2.647851, 2.656973, 2.654281, 2.684455 ] }, { "date": "2024-01-26", "close": 2.571593, "volume": 1140722, "typical_volume": 278762.35, "trend": 2.722964, "fair_value": 3.007329, "relative_strength": 11.947164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.682491, "energy": 53.9521, "activity_lines": [ 2.617463, 2.641492, 2.645026, 2.67406 ] }, { "date": "2024-02-02", "close": 2.519989, "volume": 456822, "typical_volume": 295703.9, "trend": 2.711783, "fair_value": 2.999303, "relative_strength": 18.615384, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.974615, "energy": 72.095649, "activity_lines": [ 2.578473, 2.618192, 2.631838, 2.660965 ] }, { "date": "2024-02-09", "close": 2.528589, "volume": 615137, "typical_volume": 314765.65, "trend": 2.701462, "fair_value": 2.990682, "relative_strength": 8.238558, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.522399, "energy": 73.894936, "activity_lines": [ 2.554391, 2.598489, 2.620657, 2.649146 ] }, { "date": "2024-02-23", "close": 2.554391, "volume": 1654411, "typical_volume": 387182.75, "trend": 2.691715, "fair_value": 2.981903, "relative_strength": 5.928464, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.640744, "energy": 73.34335, "activity_lines": [ 2.546937, 2.585197, 2.612998, 2.639658 ] }, { "date": "2024-03-01", "close": 2.54579, "volume": 1626248, "typical_volume": 456684.8, "trend": 2.680821, "fair_value": 2.9752, "relative_strength": 1.241941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.0676, "energy": 69.526037, "activity_lines": [ 2.542923, 2.572062, 2.605217, 2.630243 ] }, { "date": "2024-03-08", "close": 2.53719, "volume": 1677789, "typical_volume": 534324.1, "trend": 2.66878, "fair_value": 2.968998, "relative_strength": 1.353059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.896527, "energy": 54.390719, "activity_lines": [ 2.54063, 2.560021, 2.597517, 2.620977 ] }, { "date": "2024-03-15", "close": 2.640397, "volume": 3947563, "typical_volume": 719598.8, "trend": 2.658746, "fair_value": 2.962437, "relative_strength": 2.502313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.659398, "energy": 23.487902, "activity_lines": [ 2.575032, 2.569716, 2.60022, 2.619146 ] }, { "date": "2024-03-22", "close": 2.657599, "volume": 1526237, "typical_volume": 786469.45, "trend": 2.651292, "fair_value": 2.956173, "relative_strength": 3.471976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.428297, "energy": 13.407362, "activity_lines": [ 2.607142, 2.583633, 2.604398, 2.619072 ] }, { "date": "2024-03-29", "close": 2.657599, "volume": 544722, "typical_volume": 805746.05, "trend": 2.645558, "fair_value": 2.950047, "relative_strength": 5.070994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.345841, "energy": 18.244743, "activity_lines": [ 2.63065, 2.597394, 2.608207, 2.619479 ] }, { "date": "2024-04-05", "close": 2.6748, "volume": 980392, "typical_volume": 841320.1, "trend": 2.642118, "fair_value": 2.943337, "relative_strength": 3.895946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 23.242922, "energy": 29.476579, "activity_lines": [ 2.653012, 2.614126, 2.613285, 2.621365 ] }, { "date": "2024-04-12", "close": 2.683401, "volume": 1072017, "typical_volume": 883091.8, "trend": 2.638964, "fair_value": 2.937377, "relative_strength": 7.430795, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.036989, "energy": 34.884639, "activity_lines": [ 2.66964, 2.631328, 2.61906, 2.624029 ] }, { "date": "2024-04-19", "close": 2.700602, "volume": 1525706, "typical_volume": 947225.5, "trend": 2.636671, "fair_value": 2.931527, "relative_strength": 7.180647, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.985221, "energy": 44.0531, "activity_lines": [ 2.682254, 2.649624, 2.62635, 2.628005 ] }, { "date": "2024-04-26", "close": 2.735005, "volume": 804910, "typical_volume": 970710.75, "trend": 2.636097, "fair_value": 2.925574, "relative_strength": 6.144493, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.423072, "energy": 57.893364, "activity_lines": [ 2.702322, 2.670891, 2.636589, 2.634349 ] }, { "date": "2024-05-03", "close": 2.743605, "volume": 498783, "typical_volume": 980285.05, "trend": 2.637531, "fair_value": 2.920092, "relative_strength": 4.895542, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.423823, "energy": 68.6816, "activity_lines": [ 2.720097, 2.689969, 2.647114, 2.641285 ] }, { "date": "2024-05-10", "close": 2.846813, "volume": 1178554, "typical_volume": 1018310.7, "trend": 2.641258, "fair_value": 2.915457, "relative_strength": 6.992852, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.237554, "energy": 82.301209, "activity_lines": [ 2.76654, 2.724371, 2.667019, 2.654787 ] }, { "date": "2024-05-17", "close": 2.786608, "volume": 1452533, "typical_volume": 1084999.5, "trend": 2.645558, "fair_value": 2.910761, "relative_strength": 4.786841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.804367, "energy": 78.795002, "activity_lines": [ 2.781448, 2.742354, 2.680452, 2.664165 ] }, { "date": "2024-05-24", "close": 2.795209, "volume": 908816, "typical_volume": 1118188.5, "trend": 2.651865, "fair_value": 2.906259, "relative_strength": 8.003152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.925206, "energy": 77.348769, "activity_lines": [ 2.792342, 2.757366, 2.694295, 2.67382 ] }, { "date": "2024-05-31", "close": 2.872615, "volume": 1181308, "typical_volume": 1168228.9, "trend": 2.661612, "fair_value": 2.902901, "relative_strength": 11.342648, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.26526, "energy": 84.14366, "activity_lines": [ 2.822731, 2.783637, 2.715059, 2.688062 ] }, { "date": "2024-06-07", "close": 2.776129, "volume": 1576652, "typical_volume": 1238748.6, "trend": 2.668144, "fair_value": 2.900361, "relative_strength": 8.585538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.344102, "energy": 49.250043, "activity_lines": [ 2.811784, 2.788456, 2.72557, 2.69545 ] }, { "date": "2024-06-14", "close": 2.813645, "volume": 710959, "typical_volume": 1254014.05, "trend": 2.673632, "fair_value": 2.897969, "relative_strength": 9.681508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.955736, "energy": 49.07998, "activity_lines": [ 2.811174, 2.797941, 2.739048, 2.704837 ] }, { "date": "2024-06-21", "close": 2.823024, "volume": 676741, "typical_volume": 1230815.0, "trend": 2.679146, "fair_value": 2.896331, "relative_strength": 11.888823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.855328, "energy": 48.309637, "activity_lines": [ 2.815902, 2.806606, 2.752471, 2.714475 ] }, { "date": "2024-06-28", "close": 2.813645, "volume": 726149, "typical_volume": 1244281.35, "trend": 2.685208, "fair_value": 2.894773, "relative_strength": 13.750727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.167791, "energy": 39.524325, "activity_lines": [ 2.815075, 2.811028, 2.763804, 2.723153 ] }, { "date": "2024-07-05", "close": 2.794887, "volume": 902472, "typical_volume": 1258648.1, "trend": 2.690931, "fair_value": 2.892353, "relative_strength": 14.490715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.353889, "energy": 33.351718, "activity_lines": [ 2.806767, 2.809984, 2.771952, 2.730229 ] }, { "date": "2024-07-12", "close": 2.804266, "volume": 495726, "typical_volume": 1200713.85, "trend": 2.696106, "fair_value": 2.890457, "relative_strength": 12.373465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.157569, "energy": 29.538078, "activity_lines": [ 2.806767, 2.809556, 2.779725, 2.737541 ] }, { "date": "2024-07-19", "close": 2.841781, "volume": 588994, "typical_volume": 1148851.15, "trend": 2.701099, "fair_value": 2.888847, "relative_strength": 12.79769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.361686, "energy": 35.45277, "activity_lines": [ 2.817396, 2.814847, 2.789881, 2.746939 ] }, { "date": "2024-07-26", "close": 2.944948, "volume": 2213688, "typical_volume": 1175646.1, "trend": 2.709244, "fair_value": 2.886829, "relative_strength": 20.353719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.802952, "energy": 48.752964, "activity_lines": [ 2.860539, 2.838986, 2.808453, 2.762671 ] }, { "date": "2024-08-02", "close": 2.93557, "volume": 932396, "typical_volume": 1024887.75, "trend": 2.717076, "fair_value": 2.884702, "relative_strength": 19.954404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.751225, "energy": 65.650451, "activity_lines": [ 2.892427, 2.858542, 2.824191, 2.777273 ] }, { "date": "2024-08-09", "close": 2.93557, "volume": 607750, "typical_volume": 978963.4, "trend": 2.726628, "fair_value": 2.882527, "relative_strength": 21.514953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.251346, "energy": 74.335062, "activity_lines": [ 2.916187, 2.875545, 2.838522, 2.791369 ] }, { "date": "2024-08-16", "close": 2.93557, "volume": 490576, "typical_volume": 976256.1, "trend": 2.736181, "fair_value": 2.880594, "relative_strength": 21.423973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.192339, "energy": 75.611582, "activity_lines": [ 2.930568, 2.891404, 2.85153, 2.804849 ] }, { "date": "2024-08-23", "close": 2.879296, "volume": 834892, "typical_volume": 968981.1, "trend": 2.745004, "fair_value": 2.876752, "relative_strength": 20.855897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.232604, "energy": 51.627718, "activity_lines": [ 2.917437, 2.894132, 2.857855, 2.814083 ] }, { "date": "2024-08-30", "close": 2.916812, "volume": 369576, "typical_volume": 933859.05, "trend": 2.756512, "fair_value": 2.873296, "relative_strength": 19.366561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.950917, "energy": 43.121383, "activity_lines": [ 2.914311, 2.902488, 2.866779, 2.825167 ] }, { "date": "2024-09-06", "close": 2.898054, "volume": 498457, "typical_volume": 882496.6, "trend": 2.769114, "fair_value": 2.869961, "relative_strength": 21.12034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.34813, "energy": 38.350902, "activity_lines": [ 2.906808, 2.905728, 2.872805, 2.834299 ] }, { "date": "2024-09-13", "close": 2.879296, "volume": 152616, "typical_volume": 849881.9, "trend": 2.780804, "fair_value": 2.866313, "relative_strength": 21.797979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.87423, "energy": 26.583288, "activity_lines": [ 2.895553, 2.904022, 2.876105, 2.841407 ] }, { "date": "2024-09-20", "close": 2.944948, "volume": 253169, "typical_volume": 837601.2, "trend": 2.793822, "fair_value": 2.863231, "relative_strength": 22.404232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.96996, "energy": 33.91662, "activity_lines": [ 2.909934, 2.912719, 2.88497, 2.851997 ] }, { "date": "2024-09-27", "close": 3.123146, "volume": 1613271, "typical_volume": 859337.05, "trend": 2.813068, "fair_value": 2.860275, "relative_strength": 9.765413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.697719, "energy": 64.647634, "activity_lines": [ 2.983089, 2.951258, 2.909847, 2.873244 ] }, { "date": "2024-10-04", "close": 3.432647, "volume": 1705255, "typical_volume": 871973.15, "trend": 2.842916, "fair_value": 2.8594, "relative_strength": 8.591286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.961872, "energy": 95.016017, "activity_lines": [ 3.143154, 3.040953, 2.962885, 2.913217 ] }, { "date": "2024-10-11", "close": 3.526435, "volume": 4514708, "typical_volume": 1052267.75, "trend": 2.872451, "fair_value": 2.858352, "relative_strength": 16.163828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.599951, "energy": 97.082956, "activity_lines": [ 3.300093, 3.138834, 3.021778, 2.957315 ] }, { "date": "2024-10-18", "close": 3.901587, "volume": 3438115, "typical_volume": 1165108.1, "trend": 2.913917, "fair_value": 2.860435, "relative_strength": 23.946646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.228465, "energy": 98.846672, "activity_lines": [ 3.54019, 3.294181, 3.112918, 3.023711 ] }, { "date": "2024-10-25", "close": 3.507677, "volume": 4930428, "typical_volume": 1332796.9, "trend": 2.942253, "fair_value": 2.860863, "relative_strength": 8.284503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.291678, "energy": 88.441038, "activity_lines": [ 3.580832, 3.360344, 3.161644, 3.062018 ] }, { "date": "2024-11-01", "close": 3.967239, "volume": 7052500, "typical_volume": 1649873.95, "trend": 2.985334, "fair_value": 2.864188, "relative_strength": 23.49835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.691436, "energy": 92.17386, "activity_lines": [ 3.737145, 3.499662, 3.250653, 3.128146 ] }, { "date": "2024-11-08", "close": 3.901587, "volume": 2331396, "typical_volume": 1732606.7, "trend": 3.025941, "fair_value": 2.866996, "relative_strength": 13.149056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.852554, "energy": 71.566226, "activity_lines": [ 3.815302, 3.607263, 3.327916, 3.187259 ] }, { "date": "2024-11-15", "close": 3.995376, "volume": 7267818, "typical_volume": 2059690.15, "trend": 3.0691, "fair_value": 2.871857, "relative_strength": 19.527655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.07213, "energy": 69.071685, "activity_lines": [ 3.893459, 3.714011, 3.408976, 3.249803 ] }, { "date": "2024-11-22", "close": 3.789042, "volume": 2976048, "typical_volume": 2163368.95, "trend": 3.104234, "fair_value": 2.874621, "relative_strength": 16.030185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.214894, "energy": 62.374052, "activity_lines": [ 3.871575, 3.763293, 3.464758, 3.296251 ] }, { "date": "2024-11-29", "close": 3.845315, "volume": 1391072, "typical_volume": 2208136.25, "trend": 3.140958, "fair_value": 2.87789, "relative_strength": 15.161926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.225404, "energy": 56.482505, "activity_lines": [ 3.875952, 3.806265, 3.521165, 3.344063 ] }, { "date": "2024-12-06", "close": 3.901587, "volume": 1011948, "typical_volume": 2229283.95, "trend": 3.176117, "fair_value": 2.881908, "relative_strength": 14.262009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.950067, "energy": 52.555416, "activity_lines": [ 3.876577, 3.843098, 3.577974, 3.393136 ] }, { "date": "2024-12-13", "close": 3.64836, "volume": 2434865, "typical_volume": 2240342.8, "trend": 3.204842, "fair_value": 2.88406, "relative_strength": 7.214247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.685639, "energy": 35.730622, "activity_lines": [ 3.79717, 3.819736, 3.605619, 3.423603 ] }, { "date": "2024-12-20", "close": 3.573329, "volume": 1294779, "typical_volume": 2258461.95, "trend": 3.230779, "fair_value": 2.885876, "relative_strength": 5.353458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.90517, "energy": 26.897165, "activity_lines": [ 3.709635, 3.77881, 3.622769, 3.447376 ] }, { "date": "2024-12-27", "close": 3.498298, "volume": 1930056, "typical_volume": 2324577.25, "trend": 3.251636, "fair_value": 2.887018, "relative_strength": 2.792953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.576531, "energy": 20.932435, "activity_lines": [ 3.625225, 3.72339, 3.629736, 3.464636 ] }, { "date": "2025-01-03", "close": 3.376374, "volume": 1077709, "typical_volume": 2353933.9, "trend": 3.271644, "fair_value": 2.887476, "relative_strength": 6.487876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.619434, "energy": 20.3989, "activity_lines": [ 3.519557, 3.653134, 3.622411, 3.472683 ] }, { "date": "2025-01-10", "close": 3.357616, "volume": 740333, "typical_volume": 2349205.95, "trend": 3.289776, "fair_value": 2.887619, "relative_strength": 6.655951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.640356, "energy": 17.845373, "activity_lines": [ 3.438899, 3.581855, 3.611201, 3.47823 ] }, { "date": "2025-01-17", "close": 3.56395, "volume": 1367908, "typical_volume": 2399122.55, "trend": 3.314474, "fair_value": 2.889182, "relative_strength": 8.773086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.85977, "energy": 17.221269, "activity_lines": [ 3.463284, 3.559175, 3.617365, 3.495918 ] }, { "date": "2025-01-24", "close": 3.601465, "volume": 1307607, "typical_volume": 2439580.05, "trend": 3.340734, "fair_value": 2.891565, "relative_strength": 8.176948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.279266, "energy": 13.97714, "activity_lines": [ 3.505801, 3.549455, 3.624019, 3.514434 ] }, { "date": "2025-01-31", "close": 3.620223, "volume": 79800, "typical_volume": 2435939.25, "trend": 3.368245, "fair_value": 2.893779, "relative_strength": 9.792507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.986022, "energy": 11.525499, "activity_lines": [ 3.552695, 3.550308, 3.629111, 3.532465 ] }, { "date": "2025-02-07", "close": 3.64836, "volume": 560708, "typical_volume": 2451316.2, "trend": 3.396382, "fair_value": 2.89598, "relative_strength": 6.050597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.049301, "energy": 21.537762, "activity_lines": [ 3.60084, 3.559346, 3.633353, 3.550537 ] }, { "date": "2025-02-14", "close": 3.507677, "volume": 1145450, "typical_volume": 2427925.15, "trend": 3.418578, "fair_value": 2.897375, "relative_strength": 0.08135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.8331, "energy": 17.568481, "activity_lines": [ 3.583958, 3.546386, 3.620848, 3.557718 ] }, { "date": "2025-02-21", "close": 3.460783, "volume": 924202, "typical_volume": 2388872.5, "trend": 3.435773, "fair_value": 2.898567, "relative_strength": -3.618704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.252832, "energy": 9.691241, "activity_lines": [ 3.541441, 3.532062, 3.602046, 3.560441 ] }, { "date": "2025-02-28", "close": 3.385752, "volume": 477866, "typical_volume": 2187030.4, "trend": 3.450779, "fair_value": 2.900148, "relative_strength": -2.612732, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.669583, "energy": 18.075467, "activity_lines": [ 3.480791, 3.507507, 3.575964, 3.557213 ] }, { "date": "2025-03-07", "close": 3.488919, "volume": 609776, "typical_volume": 2045613.45, "trend": 3.469224, "fair_value": 2.902101, "relative_strength": -2.089613, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.461081, "energy": 26.100966, "activity_lines": [ 3.468911, 3.505119, 3.560377, 3.559674 ] }, { "date": "2025-03-14", "close": 3.423268, "volume": 1519707, "typical_volume": 1875077.4, "trend": 3.485481, "fair_value": 2.903826, "relative_strength": -5.315393, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.626243, "energy": 39.84529, "activity_lines": [ 3.443901, 3.490966, 3.540503, 3.556709 ] }, { "date": "2025-03-21", "close": 3.40451, "volume": 604225, "typical_volume": 1552663.65, "trend": 3.502988, "fair_value": 2.905576, "relative_strength": -3.501935, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.514922, "energy": 45.020461, "activity_lines": [ 3.427644, 3.472549, 3.519244, 3.551485 ] }, { "date": "2025-03-28", "close": 3.40451, "volume": 697697, "typical_volume": 1470978.7, "trend": 3.519244, "fair_value": 2.907761, "relative_strength": -2.988381, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.301132, "energy": 42.661959, "activity_lines": [ 3.418266, 3.45328, 3.500665, 3.545132 ] }, { "date": "2025-04-04", "close": 3.338858, "volume": 616750, "typical_volume": 1138425.3, "trend": 3.533938, "fair_value": 2.909671, "relative_strength": -2.877997, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.308147, "energy": 62.807516, "activity_lines": [ 3.390754, 3.424973, 3.478201, 3.533494 ] }, { "date": "2025-04-11", "close": 3.08563, "volume": 1798388, "typical_volume": 1079542.3, "trend": 3.540816, "fair_value": 2.91078, "relative_strength": -5.520936, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.706212, "energy": 76.268723, "activity_lines": [ 3.28196, 3.355399, 3.434746, 3.504571 ] }, { "date": "2025-04-18", "close": 3.057494, "volume": 622276, "typical_volume": 1041102.5, "trend": 3.544567, "fair_value": 2.91166, "relative_strength": -5.994475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.82998, "energy": 87.763789, "activity_lines": [ 3.190673, 3.290429, 3.39196, 3.473389 ] }, { "date": "2025-04-25", "close": 3.048115, "volume": 226130, "typical_volume": 1001811.6, "trend": 3.542066, "fair_value": 2.912625, "relative_strength": -7.660563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.972762, "energy": 90.319607, "activity_lines": [ 3.120644, 3.234498, 3.352033, 3.44136 ] }, { "date": "2025-05-02", "close": 2.991842, "volume": 303800, "typical_volume": 895258.35, "trend": 3.527373, "fair_value": 2.913471, "relative_strength": -9.291503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.974904, "energy": 91.156992, "activity_lines": [ 3.055618, 3.17669, 3.310811, 3.405861 ] }, { "date": "2025-05-09", "close": 2.973085, "volume": 455839, "typical_volume": 853311.35, "trend": 3.508928, "fair_value": 2.914342, "relative_strength": -11.886119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.074041, "energy": 89.099081, "activity_lines": [ 3.01185, 3.123998, 3.270929, 3.370101 ] }, { "date": "2025-05-16", "close": 3.019979, "volume": 389786, "typical_volume": 776297.85, "trend": 3.479541, "fair_value": 2.915852, "relative_strength": -11.00995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.138963, "energy": 81.425747, "activity_lines": [ 3.008099, 3.087336, 3.238371, 3.338556 ] }, { "date": "2025-05-23", "close": 2.973085, "volume": 702859, "typical_volume": 757555.35, "trend": 3.461721, "fair_value": 2.918754, "relative_strength": -11.967699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.69218, "energy": 74.915358, "activity_lines": [ 2.993093, 3.050673, 3.203625, 3.305881 ] }, { "date": "2025-05-30", "close": 2.954327, "volume": 446949, "typical_volume": 742886.15, "trend": 3.427957, "fair_value": 2.922214, "relative_strength": -11.659676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.799514, "energy": 65.735347, "activity_lines": [ 2.977462, 3.018785, 3.169013, 3.273146 ] }, { "date": "2025-06-06", "close": 2.982464, "volume": 889730, "typical_volume": 718977.25, "trend": 3.39732, "fair_value": 2.925563, "relative_strength": -12.035317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.198467, "energy": 60.862398, "activity_lines": [ 2.977462, 3.000198, 3.139, 3.244405 ] }, { "date": "2025-06-13", "close": 3.12, "volume": 2034531, "typical_volume": 755323.45, "trend": 3.368141, "fair_value": 2.929407, "relative_strength": -7.441008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.989198, "energy": 47.402971, "activity_lines": [ 3.023932, 3.014291, 3.124856, 3.226513 ] }, { "date": "2025-06-20", "close": 3.24, "volume": 2169269, "typical_volume": 859796.9, "trend": 3.349839, "fair_value": 2.933876, "relative_strength": -2.825899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.055976, "energy": 26.768461, "activity_lines": [ 3.100609, 3.054182, 3.124433, 3.218246 ] }, { "date": "2025-06-27", "close": 3.29, "volume": 1160737, "typical_volume": 889798.35, "trend": 3.331329, "fair_value": 2.938326, "relative_strength": -4.872183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.747554, "energy": 22.181772, "activity_lines": [ 3.179284, 3.100356, 3.130582, 3.214385 ] }, { "date": "2025-07-04", "close": 3.36, "volume": 1617527, "typical_volume": 913402.2, "trend": 3.313276, "fair_value": 2.942499, "relative_strength": -4.04264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.995723, "energy": 30.318063, "activity_lines": [ 3.260164, 3.155031, 3.145104, 3.216235 ] }, { "date": "2025-07-11", "close": 3.38, "volume": 596114, "typical_volume": 896997.8, "trend": 3.30433, "fair_value": 2.946383, "relative_strength": -5.158216, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.75038, "energy": 50.570435, "activity_lines": [ 3.320667, 3.207671, 3.162235, 3.22054 ] }, { "date": "2025-07-18", "close": 3.19, "volume": 2398117, "typical_volume": 993010.35, "trend": 3.291553, "fair_value": 2.948648, "relative_strength": -12.138975, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 5.594332, "energy": 31.230044, "activity_lines": [ 3.291333, 3.218709, 3.161654, 3.213164 ] }, { "date": "2025-07-25", "close": 3.2, "volume": 2362612, "typical_volume": 1080652.15, "trend": 3.28161, "fair_value": 2.951378, "relative_strength": -13.590606, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 1.213934, "energy": 20.299939, "activity_lines": [ 3.260667, 3.227621, 3.162959, 3.207257 ] }, { "date": "2025-08-01", "close": 3.3, "volume": 1567602, "typical_volume": 1083046.9, "trend": 3.279064, "fair_value": 2.954798, "relative_strength": -9.23063, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 5.353712, "energy": 15.289252, "activity_lines": [ 3.266, 3.251441, 3.175163, 3.208444 ] }, { "date": "2025-08-08", "close": 3.39, "volume": 1169732, "typical_volume": 1111322.25, "trend": 3.280143, "fair_value": 2.958895, "relative_strength": -7.663725, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.43423, "energy": 23.300909, "activity_lines": [ 3.300667, 3.285681, 3.196525, 3.215601 ] }, { "date": "2025-08-15", "close": 3.38, "volume": 1080409, "typical_volume": 1130457.85, "trend": 3.274012, "fair_value": 2.962679, "relative_strength": -11.625474, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.852587, "energy": 28.476833, "activity_lines": [ 3.33, 3.310182, 3.217004, 3.222043 ] }, { "date": "2025-08-22", "close": 3.43, "volume": 2507239, "typical_volume": 1224982.3, "trend": 3.268296, "fair_value": 2.967082, "relative_strength": -13.882743, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.382282, "energy": 49.915452, "activity_lines": [ 3.376, 3.336545, 3.242362, 3.232107 ] }, { "date": "2025-08-29", "close": 3.31, "volume": 1991034, "typical_volume": 1234614.6, "trend": 3.257955, "fair_value": 2.970916, "relative_strength": -19.948403, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.838628, "energy": 38.909261, "activity_lines": [ 3.366, 3.335455, 3.255857, 3.234798 ] }, { "date": "2025-09-05", "close": 3.33, "volume": 915311, "typical_volume": 1249266.35, "trend": 3.247343, "fair_value": 2.974529, "relative_strength": -18.345971, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.927364, "energy": 25.923855, "activity_lines": [ 3.355333, 3.336727, 3.270189, 3.239446 ] }, { "date": "2025-09-12", "close": 3.34, "volume": 697560, "typical_volume": 1272837.85, "trend": 3.241754, "fair_value": 2.977307, "relative_strength": -19.727396, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.875138, "energy": 31.38955, "activity_lines": [ 3.346, 3.339091, 3.284175, 3.245423 ] }, { "date": "2025-09-19", "close": 3.28, "volume": 681702, "typical_volume": 1291732.95, "trend": 3.235728, "fair_value": 2.980199, "relative_strength": -21.521097, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.477927, "energy": 18.226689, "activity_lines": [ 3.32, 3.330909, 3.291057, 3.247891 ] }, { "date": "2025-09-26", "close": 3.26, "volume": 614228, "typical_volume": 1299652.4, "trend": 3.231536, "fair_value": 2.982964, "relative_strength": -22.435456, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.072021, "energy": 17.853194, "activity_lines": [ 3.294, 3.320909, 3.294662, 3.249457 ] }, { "date": "2025-10-03", "close": 3.28, "volume": 505550, "typical_volume": 1305440.6, "trend": 3.224572, "fair_value": 2.985956, "relative_strength": -23.404872, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.91621, "energy": 17.459517, "activity_lines": [ 3.286, 3.313273, 3.298805, 3.252584 ] }, { "date": "2025-10-10", "close": 3.22, "volume": 554882, "typical_volume": 1298041.75, "trend": 3.217797, "fair_value": 2.988814, "relative_strength": -23.333175, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.71725, "energy": 12.393503, "activity_lines": [ 3.26, 3.293273, 3.295996, 3.252289 ] }, { "date": "2025-10-17", "close": 3.17, "volume": 1036966, "typical_volume": 1327542.6, "trend": 3.20998, "fair_value": 2.991551, "relative_strength": -19.938202, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.440201, "energy": 16.768467, "activity_lines": [ 3.224667, 3.265636, 3.28725, 3.249205 ] }, { "date": "2025-10-24", "close": 3.19, "volume": 546019, "typical_volume": 1310357.05, "trend": 3.202829, "fair_value": 2.994915, "relative_strength": -22.64182, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.048733, "energy": 25.965632, "activity_lines": [ 3.207333, 3.245636, 3.279381, 3.247916 ] }, { "date": "2025-10-31", "close": 3.16, "volume": 546922, "typical_volume": 1235976.6, "trend": 3.196867, "fair_value": 2.997788, "relative_strength": -23.197526, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.437944, "energy": 45.29637, "activity_lines": [ 3.186, 3.223636, 3.267667, 3.245153 ] }, { "date": "2025-11-07", "close": 3.17, "volume": 1089578, "typical_volume": 1181992.05, "trend": 3.19968, "fair_value": 3.000774, "relative_strength": -22.555585, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.69777, "energy": 48.266038, "activity_lines": [ 3.174667, 3.208364, 3.256714, 3.243419 ] }, { "date": "2025-11-14", "close": 3.15, "volume": 558863, "typical_volume": 1151898.35, "trend": 3.202763, "fair_value": 3.004232, "relative_strength": -21.288315, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.686619, "energy": 44.4046, "activity_lines": [ 3.164, 3.192, 3.24419, 3.240214 ] }, { "date": "2025-11-21", "close": 3.12, "volume": 590081, "typical_volume": 1100526.05, "trend": 3.205159, "fair_value": 3.007098, "relative_strength": -17.222355, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.135551, "energy": 50.960524, "activity_lines": [ 3.148, 3.173455, 3.229476, 3.234875 ] }, { "date": "2025-11-28", "close": 3.11, "volume": 406206, "typical_volume": 1091030.65, "trend": 3.209098, "fair_value": 3.009401, "relative_strength": -19.690916, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.822025, "energy": 57.541497, "activity_lines": [ 3.132, 3.157091, 3.214952, 3.228735 ] }, { "date": "2025-12-05", "close": 3.12, "volume": 738305, "typical_volume": 1008040.05, "trend": 3.213995, "fair_value": 3.011667, "relative_strength": -19.792664, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.248848, "energy": 59.383903, "activity_lines": [ 3.124667, 3.145636, 3.202667, 3.222987 ] }, { "date": "2025-12-12", "close": 3.07, "volume": 1010761, "typical_volume": 940447.5, "trend": 3.215663, "fair_value": 3.013663, "relative_strength": -21.178259, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.629524, "energy": 77.044644, "activity_lines": [ 3.103333, 3.127636, 3.185952, 3.213697 ] }, { "date": "2025-12-19", "close": 3.09, "volume": 280387, "typical_volume": 876086.75, "trend": 3.21956, "fair_value": 3.015538, "relative_strength": -19.421613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.724771, "energy": 70.556119, "activity_lines": [ 3.095333, 3.117091, 3.171762, 3.20559 ] }, { "date": "2025-12-26", "close": 3.13, "volume": 588890, "typical_volume": 847044.65, "trend": 3.225415, "fair_value": 3.017469, "relative_strength": -20.647629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.457641, "energy": 44.923806, "activity_lines": [ 3.104667, 3.116182, 3.162381, 3.199812 ] }, { "date": "2026-01-02", "close": 3.12, "volume": 268084, "typical_volume": 806428.4, "trend": 3.23, "fair_value": 3.019335, "relative_strength": -19.852696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.34995, "energy": 40.501687, "activity_lines": [ 3.11, 3.114182, 3.153286, 3.193011 ] }, { "date": "2026-01-09", "close": 3.23, "volume": 1181952, "typical_volume": 740164.05, "trend": 3.233667, "fair_value": 3.022207, "relative_strength": -19.91408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.662647, "energy": 15.545938, "activity_lines": [ 3.151333, 3.133455, 3.155905, 3.193011 ] }, { "date": "2026-01-16", "close": 3.08, "volume": 1206569, "typical_volume": 700940.8, "trend": 3.228333, "fair_value": 3.023918, "relative_strength": -23.800868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.650957, "energy": 21.244829, "activity_lines": [ 3.135333, 3.124182, 3.14519, 3.183097 ] }, { "date": "2026-01-23", "close": 3.0, "volume": 1320630, "typical_volume": 721206.75, "trend": 3.218667, "fair_value": 3.025015, "relative_strength": -25.879321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.861578, "energy": 36.67666, "activity_lines": [ 3.092, 3.102, 3.127952, 3.168366 ] }, { "date": "2026-01-30", "close": 2.99, "volume": 647809, "typical_volume": 718719.2, "trend": 3.206333, "fair_value": 3.026948, "relative_strength": -24.151067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.972172, "energy": 43.69347, "activity_lines": [ 3.051333, 3.080727, 3.111333, 3.153613 ] }, { "date": "2026-02-06", "close": 2.93, "volume": 566222, "typical_volume": 712945.2, "trend": 3.191333, "fair_value": 3.027947, "relative_strength": -23.361041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.110669, "energy": 73.926725, "activity_lines": [ 3.0, 3.050909, 3.090667, 3.135785 ] }, { "date": "2026-02-13", "close": 2.97, "volume": 700738, "typical_volume": 717270.7, "trend": 3.184, "fair_value": 3.029352, "relative_strength": -22.755595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.440977, "energy": 73.02851, "activity_lines": [ 2.974667, 3.031636, 3.075476, 3.121505 ] }, { "date": "2026-02-27", "close": 3.03, "volume": 806975, "typical_volume": 732341.95, "trend": 3.178333, "fair_value": 3.031291, "relative_strength": -22.765614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.580356, "energy": 63.699801, "activity_lines": [ 2.986667, 3.026, 3.067381, 3.11157 ] }, { "date": "2026-03-06", "close": 3.01, "volume": 506667, "typical_volume": 729931.2, "trend": 3.168667, "fair_value": 3.032802, "relative_strength": -20.930342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.580851, "energy": 42.172462, "activity_lines": [ 2.995333, 3.017455, 3.058571, 3.10071 ] }, { "date": "2026-03-13", "close": 3.01, "volume": 286014, "typical_volume": 692383.6, "trend": 3.156, "fair_value": 3.034264, "relative_strength": -20.900686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.620898, "energy": 33.281317, "activity_lines": [ 3.003333, 3.010364, 3.050762, 3.090473 ] }, { "date": "2026-03-20", "close": 2.95, "volume": 577678, "typical_volume": 693966.55, "trend": 3.141667, "fair_value": 3.035391, "relative_strength": -19.58462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.191792, "energy": 34.422201, "activity_lines": [ 2.99, 2.994545, 3.038, 3.077183 ] }, { "date": "2026-03-27", "close": 2.95, "volume": 885489, "typical_volume": 710894.9, "trend": 3.125667, "fair_value": 3.035968, "relative_strength": -18.347903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.967586, "energy": 35.611432, "activity_lines": [ 2.975333, 2.981818, 3.026381, 3.064817 ] }, { "date": "2026-04-03", "close": 2.8, "volume": 577982, "typical_volume": 685315.1, "trend": 3.108667, "fair_value": 3.035534, "relative_strength": -19.478534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.866988, "energy": 57.526071, "activity_lines": [ 2.912, 2.946909, 3.001476, 3.043806 ] }, { "date": "2026-04-10", "close": 2.82, "volume": 514354, "typical_volume": 683089.65, "trend": 3.091667, "fair_value": 3.035328, "relative_strength": -23.619347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.257504, "energy": 70.202764, "activity_lines": [ 2.870667, 2.920727, 2.980238, 3.025183 ] }, { "date": "2026-04-17", "close": 2.58, "volume": 2044799, "typical_volume": 755825.55, "trend": 3.066333, "fair_value": 3.033683, "relative_strength": -32.113071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.618031, "energy": 87.200309, "activity_lines": [ 2.762, 2.854182, 2.937714, 2.992172 ] }, { "date": "2026-04-24", "close": 2.462136, "volume": 791141, "typical_volume": 775072.3, "trend": 3.039071, "fair_value": 3.030584, "relative_strength": -34.725817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.20975, "energy": 97.000159, "activity_lines": [ 2.642712, 2.773661, 2.886537, 2.953192 ] }, { "date": "2026-05-01", "close": 2.471679, "volume": 537064, "typical_volume": 765010.25, "trend": 3.012794, "fair_value": 3.027446, "relative_strength": -34.48082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.362424, "energy": 94.281967, "activity_lines": [ 2.559129, 2.703382, 2.839353, 2.916586 ] }, { "date": "2026-05-08", "close": 2.471679, "volume": 364006, "typical_volume": 732672.5, "trend": 2.98585, "fair_value": 3.024407, "relative_strength": -35.691283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.578886, "energy": 91.357029, "activity_lines": [ 2.507435, 2.642163, 2.795257, 2.881675 ] }, { "date": "2026-05-15", "close": 2.404877, "volume": 1358150, "typical_volume": 786560.65, "trend": 2.958679, "fair_value": 3.020841, "relative_strength": -36.734557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.00934, "energy": 91.947991, "activity_lines": [ 2.455361, 2.57895, 2.747648, 2.844193 ] }, { "date": "2026-05-22", "close": 2.376248, "volume": 1077393, "typical_volume": 810985.8, "trend": 2.932221, "fair_value": 3.017241, "relative_strength": -36.914952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.841806, "energy": 87.037536, "activity_lines": [ 2.421419, 2.521534, 2.700574, 2.806617 ] }, { "date": "2026-05-29", "close": 2.366704, "volume": 690455, "typical_volume": 832104.35, "trend": 2.904777, "fair_value": 3.014129, "relative_strength": -36.361991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.335217, "energy": 73.328772, "activity_lines": [ 2.397879, 2.473905, 2.656181, 2.770132 ] }, { "date": "2026-06-05", "close": 2.385791, "volume": 184691, "typical_volume": 782241.3, "trend": 2.87897, "fair_value": 3.01094, "relative_strength": -34.022158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.437398, "energy": 68.888391, "activity_lines": [ 2.387063, 2.440352, 2.617193, 2.736649 ] }, { "date": "2026-06-12", "close": 2.385791, "volume": 47462, "typical_volume": 724285.95, "trend": 2.85283, "fair_value": 3.00785, "relative_strength": -31.731351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.393084, "energy": 66.12716, "activity_lines": [ 2.381974, 2.417058, 2.582225, 2.704831 ] }, { "date": "2026-06-19", "close": 2.376248, "volume": 444314, "typical_volume": 680470.15, "trend": 2.827038, "fair_value": 3.005449, "relative_strength": -35.684061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.625406, "energy": 65.198373, "activity_lines": [ 2.379429, 2.399559, 2.549654, 2.674083 ] }, { "date": "2026-06-26", "close": 2.35, "volume": 508177, "typical_volume": 673488.55, "trend": 2.801372, "fair_value": 3.00283, "relative_strength": -34.436053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.103902, "energy": 65.319117, "activity_lines": [ 2.370043, 2.385356, 2.517553, 2.643307 ] }, { "date": "2026-07-03", "close": 2.33, "volume": 158667, "typical_volume": 653110.8, "trend": 2.775372, "fair_value": 2.999241, "relative_strength": -33.277216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.094845, "energy": 66.188823, "activity_lines": [ 2.355741, 2.371699, 2.486595, 2.612896 ] }, { "date": "2026-07-10", "close": 2.29, "volume": 362770, "typical_volume": 636212.4, "trend": 2.747705, "fair_value": 2.995562, "relative_strength": -31.029416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.666877, "energy": 67.666917, "activity_lines": [ 2.330552, 2.353171, 2.454685, 2.581581 ] }, { "date": "2026-07-17", "close": 2.05, "volume": 927835, "typical_volume": 642255.4, "trend": 2.713705, "fair_value": 2.990399, "relative_strength": -31.22512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.187341, "energy": 95.922671, "activity_lines": [ 2.23175, 2.294311, 2.403156, 2.536568 ] }, { "date": "2026-07-24", "close": 1.71, "volume": 12134621, "typical_volume": 1223653.1, "trend": 2.667705, "fair_value": 2.983167, "relative_strength": -42.052387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -99.248868, "energy": 98.969374, "activity_lines": [ 2.042, 2.181299, 2.323912, 2.471813 ] }, { "date": "2026-07-31", "close": 2.09, "volume": 8385559, "typical_volume": 1628630.35, "trend": 2.633038, "fair_value": 2.978315, "relative_strength": -27.288561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.013044, "energy": 70.801656, "activity_lines": [ 2.023333, 2.150012, 2.287049, 2.434542 ] }, { "date": "2026-08-07", "close": 2.23, "volume": 4618363, "typical_volume": 1830664.6, "trend": 2.603372, "fair_value": 2.974196, "relative_strength": -25.408025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.01714, "energy": 66.430977, "activity_lines": [ 2.068667, 2.149384, 2.267901, 2.408539 ] } ], "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." } } }