{ "ticker": { "uuid": "14fb3a0e-6766-4fc6-9834-7d3f5080b2f0", "symbol": "000978", "name": "Guilin Tourism Corporation Limited", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -44.461, "architecture_energy": 34.196, "architecture_maturity": 71.504, "architecture_confidence": 84.222, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 23.28, "rotation_up": 27.48, "upward_expansion": 17.93, "deceleration": 46.45, "rotation_down": 33.53, "downward_expansion": 65.6 }, "activity_lines": [ 5.772, 5.675636, 5.989333, 6.289613 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 6.01, "trend_reference": 6.637333, "distance_from_trend": -0.094516, "trend_direction": "Weakening", "fair_value": 6.614423, "distance_from_fair_value": -0.09138, "fair_value_direction": "Weakening", "relative_strength": -12.88537, "relative_strength_direction": "Improving", "price_momentum": -0.180082, "excess_performance": -0.187482, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094516, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.049637, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.09138, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.096771, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.128854, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.049484, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.180082, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.177167, "read": "Demand-led" } ], "volume": { "latest": 40877479, "relative_activity": 0.437746, "balance": 1.177167, "dry_up": 0.563331, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.075003, "annualized_volatility": 0.409093, "from_high_reference": -0.307604, "from_low_reference": 0.160232 }, "levels": { "trend_reference": 6.637333, "fair_value_reference": 6.614423, "structural_low": 5.18, "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": 18, "median_return": 0.033915, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.013444, "regime_survival": 0.666667, "best_return": 0.166181, "worst_return": -0.046129, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.124043, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": 0.07055, "regime_survival": 0.142857, "best_return": 0.356994, "worst_return": -0.050987, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.096506, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.07799, "regime_survival": 0.4, "best_return": 0.179541, "worst_return": -0.196524, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.063148, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.095128, "regime_survival": 0.75, "best_return": 0.484342, "worst_return": -0.233418, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.018425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": 0.067434, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-04-25", "tenure": "Developing", "return": -0.024922, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": -0.011745, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.033613, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.036624, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-10-10", "tenure": "Developing", "return": -0.027864, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-19", "tenure": "Developing", "return": 0.162075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-06", "tenure": "Developing", "return": 0.021521, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": 0.094053, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.156764, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.072165, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": -0.056782, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.082883, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.89, "volume": 34090493, "typical_volume": 50541936.25, "trend": 7.999333, "fair_value": 6.205064, "relative_strength": 7.071766, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.03738, "energy": 13.549605, "activity_lines": [ 7.722, 7.666909, 7.68819, 7.813613 ] }, { "date": "2023-08-04", "close": 7.85, "volume": 38764075, "typical_volume": 50238011.6, "trend": 7.955333, "fair_value": 6.222628, "relative_strength": 4.722869, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.989856, "energy": 9.846346, "activity_lines": [ 7.779333, 7.710364, 7.690857, 7.803978 ] }, { "date": "2023-08-11", "close": 8.23, "volume": 70727433, "typical_volume": 51364598.2, "trend": 7.945667, "fair_value": 6.244167, "relative_strength": 13.328703, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.402918, "energy": 17.190398, "activity_lines": [ 7.942, 7.809455, 7.729667, 7.821699 ] }, { "date": "2023-08-18", "close": 7.76, "volume": 260732896, "typical_volume": 60207594.95, "trend": 7.928, "fair_value": 6.262179, "relative_strength": 9.662896, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.973377, "energy": 13.396931, "activity_lines": [ 7.914, 7.811455, 7.723381, 7.80972 ] }, { "date": "2023-08-25", "close": 7.64, "volume": 90234831, "typical_volume": 61383543.45, "trend": 7.901333, "fair_value": 6.278974, "relative_strength": 10.64627, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.740112, "energy": 10.777265, "activity_lines": [ 7.834667, 7.793091, 7.710048, 7.79114 ] }, { "date": "2023-09-01", "close": 7.95, "volume": 94232005, "typical_volume": 57848148.4, "trend": 7.899, "fair_value": 6.296859, "relative_strength": 10.637859, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.147463, "energy": 7.48884, "activity_lines": [ 7.86, 7.834182, 7.730714, 7.79428 ] }, { "date": "2023-09-08", "close": 8.11, "volume": 83315778, "typical_volume": 56423908.15, "trend": 7.897333, "fair_value": 6.314808, "relative_strength": 13.999871, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.354852, "energy": 10.523558, "activity_lines": [ 7.934667, 7.893818, 7.77119, 7.807892 ] }, { "date": "2023-09-15", "close": 8.08, "volume": 90049128, "typical_volume": 57131961.3, "trend": 7.900667, "fair_value": 6.333141, "relative_strength": 14.359966, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.5857, "energy": 12.692135, "activity_lines": [ 7.982, 7.937455, 7.808762, 7.819677 ] }, { "date": "2023-09-22", "close": 7.56, "volume": 80410578, "typical_volume": 59981355.2, "trend": 7.880667, "fair_value": 6.347308, "relative_strength": 6.198791, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.977798, "energy": 15.534159, "activity_lines": [ 7.866, 7.88, 7.796714, 7.797699 ] }, { "date": "2023-09-29", "close": 7.54, "volume": 40293144, "typical_volume": 59748825.5, "trend": 7.844333, "fair_value": 6.362244, "relative_strength": 6.261766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.022003, "energy": 12.102962, "activity_lines": [ 7.756667, 7.819455, 7.78281, 7.77572 ] }, { "date": "2023-10-13", "close": 6.71, "volume": 56514492, "typical_volume": 61313340.05, "trend": 7.795667, "fair_value": 6.368526, "relative_strength": -5.143735, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.667569, "energy": 52.718314, "activity_lines": [ 7.377333, 7.610182, 7.688286, 7.702538 ] }, { "date": "2023-10-20", "close": 6.53, "volume": 24003367, "typical_volume": 61335228.4, "trend": 7.752, "fair_value": 6.376154, "relative_strength": -3.157188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.814841, "energy": 74.655051, "activity_lines": [ 7.020667, 7.389636, 7.579048, 7.620882 ] }, { "date": "2023-10-27", "close": 6.78, "volume": 28480500, "typical_volume": 60416260.0, "trend": 7.706, "fair_value": 6.387308, "relative_strength": -1.935629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.740472, "energy": 74.602526, "activity_lines": [ 6.852667, 7.238545, 7.496381, 7.558172 ] }, { "date": "2023-11-03", "close": 6.79, "volume": 20848848, "typical_volume": 58982551.45, "trend": 7.643, "fair_value": 6.398077, "relative_strength": -2.950588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.819514, "energy": 75.883894, "activity_lines": [ 6.774667, 7.115636, 7.418524, 7.499075 ] }, { "date": "2023-11-10", "close": 6.82, "volume": 22544256, "typical_volume": 58809304.15, "trend": 7.584333, "fair_value": 6.410256, "relative_strength": -3.976838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.548904, "energy": 71.121764, "activity_lines": [ 6.758, 7.015818, 7.348524, 7.445978 ] }, { "date": "2023-11-17", "close": 7.07, "volume": 26433202, "typical_volume": 59170604.25, "trend": 7.523, "fair_value": 6.424551, "relative_strength": -0.704754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.463996, "energy": 46.310797, "activity_lines": [ 6.872667, 6.976364, 7.307048, 7.412796 ] }, { "date": "2023-11-24", "close": 7.37, "volume": 33769057, "typical_volume": 59009047.1, "trend": 7.498667, "fair_value": 6.442051, "relative_strength": 4.781894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.501657, "energy": 30.474412, "activity_lines": [ 7.063333, 7.007455, 7.295571, 7.402925 ] }, { "date": "2023-12-01", "close": 7.37, "volume": 26422918, "typical_volume": 58769658.0, "trend": 7.475667, "fair_value": 6.459487, "relative_strength": 5.716405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.719122, "energy": 22.502418, "activity_lines": [ 7.198, 7.052, 7.284857, 7.394624 ] }, { "date": "2023-12-08", "close": 7.21, "volume": 34480100, "typical_volume": 59147117.95, "trend": 7.463667, "fair_value": 6.475, "relative_strength": 4.792656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.342583, "energy": 25.368543, "activity_lines": [ 7.24, 7.080364, 7.260571, 7.377484 ] }, { "date": "2023-12-15", "close": 7.48, "volume": 50207452, "typical_volume": 60327727.65, "trend": 7.472667, "fair_value": 6.491859, "relative_strength": 10.540373, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.505804, "energy": 21.421668, "activity_lines": [ 7.344, 7.164182, 7.26381, 7.378538 ] }, { "date": "2023-12-22", "close": 7.67, "volume": 169522436, "typical_volume": 67099324.8, "trend": 7.487667, "fair_value": 6.509808, "relative_strength": 15.301075, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.154391, "energy": 16.720177, "activity_lines": [ 7.467333, 7.283636, 7.286, 7.391269 ] }, { "date": "2023-12-29", "close": 7.56, "volume": 153679959, "typical_volume": 72845119.0, "trend": 7.502667, "fair_value": 6.527051, "relative_strength": 10.034019, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.138576, "energy": 19.898267, "activity_lines": [ 7.514, 7.365636, 7.298762, 7.395935 ] }, { "date": "2024-01-05", "close": 7.53, "volume": 83248557, "typical_volume": 73471175.2, "trend": 7.500667, "fair_value": 6.545577, "relative_strength": 14.479573, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.955099, "energy": 20.053721, "activity_lines": [ 7.538, 7.423455, 7.310048, 7.397699 ] }, { "date": "2024-01-12", "close": 7.31, "volume": 193741669, "typical_volume": 70121613.85, "trend": 7.483, "fair_value": 6.5625, "relative_strength": 12.679195, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -6.635771, "energy": 12.51677, "activity_lines": [ 7.478, 7.427636, 7.303714, 7.385398 ] }, { "date": "2024-01-19", "close": 7.34, "volume": 127882881, "typical_volume": 72004016.35, "trend": 7.467333, "fair_value": 6.580385, "relative_strength": 15.571265, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.463276, "energy": 10.301733, "activity_lines": [ 7.421333, 7.427818, 7.302381, 7.376172 ] }, { "date": "2024-01-26", "close": 7.05, "volume": 72692593, "typical_volume": 70927045.75, "trend": 7.456667, "fair_value": 6.596538, "relative_strength": 11.051751, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.779273, "energy": 18.441134, "activity_lines": [ 7.277333, 7.365818, 7.274857, 7.349247 ] }, { "date": "2024-02-02", "close": 6.14, "volume": 48243395, "typical_volume": 69173426.6, "trend": 7.410333, "fair_value": 6.608013, "relative_strength": 5.039442, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.075023, "energy": 48.613482, "activity_lines": [ 6.871333, 7.138727, 7.164952, 7.264301 ] }, { "date": "2024-02-09", "close": 6.17, "volume": 42269948, "typical_volume": 66784467.6, "trend": 7.358667, "fair_value": 6.619872, "relative_strength": -3.686989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.188531, "energy": 64.424789, "activity_lines": [ 6.57, 6.939455, 7.067286, 7.18428 ] }, { "date": "2024-02-23", "close": 6.54, "volume": 49808855, "typical_volume": 65254381.45, "trend": 7.323667, "fair_value": 6.634551, "relative_strength": -0.81664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.103971, "energy": 62.867632, "activity_lines": [ 6.482667, 6.829273, 7.013952, 7.131462 ] }, { "date": "2024-03-01", "close": 6.42, "volume": 44758837, "typical_volume": 65477666.1, "trend": 7.282333, "fair_value": 6.647885, "relative_strength": -6.404944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.622057, "energy": 63.916218, "activity_lines": [ 6.406667, 6.709455, 6.954048, 7.073161 ] }, { "date": "2024-03-08", "close": 6.61, "volume": 51259940, "typical_volume": 65214938.5, "trend": 7.239667, "fair_value": 6.662756, "relative_strength": -2.993246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.695452, "energy": 44.272117, "activity_lines": [ 6.455333, 6.643455, 6.917571, 7.029785 ] }, { "date": "2024-03-15", "close": 6.86, "volume": 48856774, "typical_volume": 66457608.85, "trend": 7.206667, "fair_value": 6.678269, "relative_strength": -1.838935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.407637, "energy": 27.130613, "activity_lines": [ 6.616667, 6.642182, 6.905381, 7.00529 ] }, { "date": "2024-03-22", "close": 7.26, "volume": 46693633, "typical_volume": 67368265.5, "trend": 7.174333, "fair_value": 6.694808, "relative_strength": 4.273205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.867737, "energy": 11.983908, "activity_lines": [ 6.863333, 6.726364, 6.929714, 7.008731 ] }, { "date": "2024-03-29", "close": 7.18, "volume": 33852692, "typical_volume": 68018457.7, "trend": 7.155, "fair_value": 6.710641, "relative_strength": 4.741149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.358066, "energy": 15.094107, "activity_lines": [ 7.010667, 6.800909, 6.944143, 7.009097 ] }, { "date": "2024-04-05", "close": 7.32, "volume": 32652343, "typical_volume": 68523862.05, "trend": 7.144333, "fair_value": 6.726346, "relative_strength": 4.991875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.708916, "energy": 16.333741, "activity_lines": [ 7.162, 6.903273, 6.970048, 7.019742 ] }, { "date": "2024-04-12", "close": 8.0, "volume": 114461864, "typical_volume": 72925295.15, "trend": 7.146, "fair_value": 6.745897, "relative_strength": 18.286564, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.23431, "energy": 33.878179, "activity_lines": [ 7.48, 7.129636, 7.058333, 7.074946 ] }, { "date": "2024-04-19", "close": 6.72, "volume": 102921657, "typical_volume": 76382925.15, "trend": 7.099667, "fair_value": 6.757051, "relative_strength": -1.206632, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.658317, "energy": 12.689658, "activity_lines": [ 7.278667, 7.106, 7.020286, 7.047462 ] }, { "date": "2024-04-26", "close": 7.04, "volume": 74213590, "typical_volume": 78772458.75, "trend": 7.065, "fair_value": 6.76641, "relative_strength": 1.510485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.145479, "energy": 11.860735, "activity_lines": [ 7.193333, 7.13, 7.01581, 7.043613 ] }, { "date": "2024-05-03", "close": 6.83, "volume": 30908914, "typical_volume": 78593899.45, "trend": 7.040667, "fair_value": 6.775128, "relative_strength": -2.795984, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.920622, "energy": 6.444497, "activity_lines": [ 7.052667, 7.1, 6.992905, 7.028452 ] }, { "date": "2024-05-10", "close": 6.92, "volume": 53832058, "typical_volume": 78775129.75, "trend": 7.02, "fair_value": 6.785192, "relative_strength": -2.974364, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.200438, "energy": 11.669747, "activity_lines": [ 6.965333, 7.081091, 6.980381, 7.020667 ] }, { "date": "2024-05-17", "close": 6.77, "volume": 33001800, "typical_volume": 71949097.95, "trend": 7.022, "fair_value": 6.784487, "relative_strength": -4.914625, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.349447, "energy": 17.640835, "activity_lines": [ 6.854667, 7.025818, 6.956238, 7.004538 ] }, { "date": "2024-05-24", "close": 6.56, "volume": 47033081, "typical_volume": 66616754.05, "trend": 7.023, "fair_value": 6.777885, "relative_strength": -5.181253, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.854894, "energy": 36.948783, "activity_lines": [ 6.756, 6.929455, 6.916381, 6.974731 ] }, { "date": "2024-05-31", "close": 6.55, "volume": 15380999, "typical_volume": 63223376.15, "trend": 7.015333, "fair_value": 6.776667, "relative_strength": -4.83808, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.161595, "energy": 48.98367, "activity_lines": [ 6.664667, 6.836727, 6.880333, 6.944215 ] }, { "date": "2024-06-07", "close": 6.08, "volume": 31696851, "typical_volume": 55121135.25, "trend": 6.991667, "fair_value": 6.776474, "relative_strength": -10.641194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.535409, "energy": 64.171901, "activity_lines": [ 6.449333, 6.671455, 6.80419, 6.883871 ] }, { "date": "2024-06-14", "close": 6.1, "volume": 13082747, "typical_volume": 49381128.55, "trend": 6.967667, "fair_value": 6.774872, "relative_strength": -10.241645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.050687, "energy": 67.80852, "activity_lines": [ 6.290667, 6.529818, 6.73581, 6.826344 ] }, { "date": "2024-06-21", "close": 6.01, "volume": 19048800, "typical_volume": 46698938.9, "trend": 6.932333, "fair_value": 6.771667, "relative_strength": -9.587712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.006519, "energy": 70.71112, "activity_lines": [ 6.156667, 6.394, 6.664762, 6.764559 ] }, { "date": "2024-06-28", "close": 6.0, "volume": 16074838, "typical_volume": 45090511.05, "trend": 6.886667, "fair_value": 6.767949, "relative_strength": -7.502628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.525917, "energy": 70.73784, "activity_lines": [ 6.07, 6.292545, 6.597714, 6.704409 ] }, { "date": "2024-07-05", "close": 6.12, "volume": 18466300, "typical_volume": 43900328.65, "trend": 6.845, "fair_value": 6.767244, "relative_strength": -4.084994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.642021, "energy": 60.394278, "activity_lines": [ 6.060667, 6.226, 6.542762, 6.654946 ] }, { "date": "2024-07-12", "close": 6.15, "volume": 22148391, "typical_volume": 42517305.45, "trend": 6.809667, "fair_value": 6.764103, "relative_strength": -5.369594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.002659, "energy": 52.977304, "activity_lines": [ 6.09, 6.181636, 6.490905, 6.610108 ] }, { "date": "2024-07-19", "close": 6.02, "volume": 13427517, "typical_volume": 40950739.45, "trend": 6.761, "fair_value": 6.763077, "relative_strength": -7.801944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.8884, "energy": 56.16093, "activity_lines": [ 6.071333, 6.126, 6.428524, 6.559161 ] }, { "date": "2024-07-26", "close": 5.87, "volume": 13169534, "typical_volume": 39046219.15, "trend": 6.701, "fair_value": 6.761538, "relative_strength": -6.893348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.365733, "energy": 61.483774, "activity_lines": [ 6.008, 6.059455, 6.353762, 6.501677 ] }, { "date": "2024-08-02", "close": 6.07, "volume": 19486001, "typical_volume": 37577680.5, "trend": 6.651333, "fair_value": 6.764295, "relative_strength": -3.232749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.453195, "energy": 51.993863, "activity_lines": [ 6.020667, 6.045636, 6.301571, 6.460968 ] }, { "date": "2024-08-09", "close": 6.14, "volume": 32090949, "typical_volume": 36847546.3, "trend": 6.605, "fair_value": 6.768462, "relative_strength": -0.306887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.088109, "energy": 42.622721, "activity_lines": [ 6.052, 6.053455, 6.25981, 6.427978 ] }, { "date": "2024-08-16", "close": 5.93, "volume": 17438901, "typical_volume": 36026856.75, "trend": 6.559, "fair_value": 6.772564, "relative_strength": -3.240774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.856818, "energy": 43.975902, "activity_lines": [ 6.012, 6.030545, 6.203381, 6.38443 ] }, { "date": "2024-08-23", "close": 5.63, "volume": 13400037, "typical_volume": 35064241.45, "trend": 6.502, "fair_value": 6.775833, "relative_strength": -6.069733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.326761, "energy": 51.853867, "activity_lines": [ 5.886667, 5.955818, 6.124333, 6.324495 ] }, { "date": "2024-08-30", "close": 5.79, "volume": 17462875, "typical_volume": 30214292.0, "trend": 6.46, "fair_value": 6.783654, "relative_strength": -5.207032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.057383, "energy": 47.65003, "activity_lines": [ 5.840667, 5.918727, 6.068571, 6.278559 ] }, { "date": "2024-09-06", "close": 5.77, "volume": 17629010, "typical_volume": 25949659.65, "trend": 6.447667, "fair_value": 6.790256, "relative_strength": -2.891437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.612372, "energy": 64.965101, "activity_lines": [ 5.793333, 5.882, 6.021429, 6.234043 ] }, { "date": "2024-09-13", "close": 5.56, "volume": 17667501, "typical_volume": 23122355.2, "trend": 6.427333, "fair_value": 6.794808, "relative_strength": -4.541067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.104606, "energy": 72.845318, "activity_lines": [ 5.696, 5.811273, 5.95881, 6.176774 ] }, { "date": "2024-09-20", "close": 5.62, "volume": 11456550, "typical_volume": 22149737.0, "trend": 6.396667, "fair_value": 6.798397, "relative_strength": -4.371409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.406492, "energy": 62.830053, "activity_lines": [ 5.657333, 5.761636, 5.908952, 6.124688 ] }, { "date": "2024-09-27", "close": 6.38, "volume": 48831233, "typical_volume": 21899695.75, "trend": 6.395333, "fair_value": 6.801218, "relative_strength": -7.55837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.516229, "energy": 22.362537, "activity_lines": [ 5.892667, 5.859818, 5.937238, 6.123613 ] }, { "date": "2024-10-04", "close": 6.98, "volume": 36988219, "typical_volume": 22099016.7, "trend": 6.407667, "fair_value": 6.806603, "relative_strength": -8.418749, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 15.65104, "energy": 22.728572, "activity_lines": [ 6.278, 6.060545, 6.025238, 6.161333 ] }, { "date": "2024-10-11", "close": 5.95, "volume": 90325765, "typical_volume": 24263650.9, "trend": 6.377333, "fair_value": 6.801667, "relative_strength": -17.956888, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -15.547904, "energy": 21.234939, "activity_lines": [ 6.240667, 6.053818, 6.014143, 6.131806 ] }, { "date": "2024-10-18", "close": 6.03, "volume": 40211723, "typical_volume": 25505187.1, "trend": 6.336333, "fair_value": 6.803974, "relative_strength": -19.055486, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -9.897776, "energy": 20.721082, "activity_lines": [ 6.218, 6.063818, 6.013571, 6.109398 ] }, { "date": "2024-10-25", "close": 6.18, "volume": 47981275, "typical_volume": 26319408.3, "trend": 6.303, "fair_value": 6.807564, "relative_strength": -18.872152, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.815538, "energy": 16.56247, "activity_lines": [ 6.214, 6.103091, 6.029762, 6.099312 ] }, { "date": "2024-11-01", "close": 6.27, "volume": 57627566, "typical_volume": 28546649.25, "trend": 6.268, "fair_value": 6.812115, "relative_strength": -16.185149, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.037263, "energy": 5.925045, "activity_lines": [ 6.202667, 6.154182, 6.054048, 6.097183 ] }, { "date": "2024-11-08", "close": 6.58, "volume": 69041409, "typical_volume": 31046279.7, "trend": 6.220667, "fair_value": 6.818077, "relative_strength": -17.385286, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.946072, "energy": 17.125204, "activity_lines": [ 6.302, 6.25, 6.107048, 6.117312 ] }, { "date": "2024-11-15", "close": 6.24, "volume": 54294152, "typical_volume": 32957245.4, "trend": 6.204667, "fair_value": 6.822051, "relative_strength": -18.419532, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.170078, "energy": 16.472491, "activity_lines": [ 6.314667, 6.269636, 6.124952, 6.118559 ] }, { "date": "2024-11-22", "close": 6.15, "volume": 38765201, "typical_volume": 33972190.45, "trend": 6.175, "fair_value": 6.829808, "relative_strength": -16.93872, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.37065, "energy": 14.96792, "activity_lines": [ 6.278, 6.264364, 6.133143, 6.115032 ] }, { "date": "2024-11-29", "close": 6.74, "volume": 94704001, "typical_volume": 37599970.95, "trend": 6.172, "fair_value": 6.841474, "relative_strength": -10.176956, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.531941, "energy": 35.18866, "activity_lines": [ 6.43, 6.355636, 6.197381, 6.151484 ] }, { "date": "2024-12-06", "close": 6.81, "volume": 77170793, "typical_volume": 40787134.75, "trend": 6.168333, "fair_value": 6.854423, "relative_strength": -10.445073, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.486759, "energy": 49.489925, "activity_lines": [ 6.568, 6.439273, 6.265476, 6.192645 ] }, { "date": "2024-12-13", "close": 7.1, "volume": 84538521, "typical_volume": 44355584.1, "trend": 6.179333, "fair_value": 6.867564, "relative_strength": -5.712747, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.97539, "energy": 62.899553, "activity_lines": [ 6.766667, 6.567818, 6.357429, 6.252753 ] }, { "date": "2024-12-20", "close": 6.59, "volume": 71656760, "typical_volume": 46964122.05, "trend": 6.180333, "fair_value": 6.875449, "relative_strength": -11.508296, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.584906, "energy": 56.006858, "activity_lines": [ 6.760667, 6.601455, 6.394952, 6.279247 ] }, { "date": "2024-12-27", "close": 6.29, "volume": 58876700, "typical_volume": 48303409.6, "trend": 6.171667, "fair_value": 6.882821, "relative_strength": -15.078267, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.72903, "energy": 35.307954, "activity_lines": [ 6.631333, 6.568909, 6.401429, 6.286323 ] }, { "date": "2025-01-03", "close": 5.81, "volume": 58914608, "typical_volume": 50377194.95, "trend": 6.162667, "fair_value": 6.888205, "relative_strength": -15.026517, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.605143, "energy": 8.785788, "activity_lines": [ 6.332667, 6.444364, 6.361476, 6.262989 ] }, { "date": "2025-01-10", "close": 5.72, "volume": 40809789, "typical_volume": 51747682.55, "trend": 6.15, "fair_value": 6.892564, "relative_strength": -14.905342, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -26.482339, "energy": 28.564679, "activity_lines": [ 6.066, 6.310182, 6.313524, 6.23443 ] }, { "date": "2025-01-17", "close": 6.13, "volume": 54570031, "typical_volume": 53603040.35, "trend": 6.154, "fair_value": 6.899103, "relative_strength": -11.566347, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.769329, "energy": 26.14322, "activity_lines": [ 6.008667, 6.260545, 6.30419, 6.23314 ] }, { "date": "2025-01-24", "close": 5.93, "volume": 46737561, "typical_volume": 55058467.9, "trend": 6.151667, "fair_value": 6.90391, "relative_strength": -14.922206, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.513435, "energy": 29.690631, "activity_lines": [ 5.949333, 6.182727, 6.27419, 6.218688 ] }, { "date": "2025-01-31", "close": 5.97, "volume": 6906358, "typical_volume": 54520410.75, "trend": 6.146667, "fair_value": 6.906731, "relative_strength": -12.65817, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.343639, "energy": 33.930501, "activity_lines": [ 5.947333, 6.117818, 6.247238, 6.206968 ] }, { "date": "2025-02-07", "close": 5.96, "volume": 20819289, "typical_volume": 54988547.7, "trend": 6.140333, "fair_value": 6.909231, "relative_strength": -15.788656, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.975222, "energy": 17.85817, "activity_lines": [ 5.963333, 6.054364, 6.217381, 6.194925 ] }, { "date": "2025-02-14", "close": 6.08, "volume": 40731930, "typical_volume": 54583582.55, "trend": 6.142333, "fair_value": 6.911346, "relative_strength": -15.152916, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.32557, "energy": 14.37659, "activity_lines": [ 6.009333, 6.026909, 6.197333, 6.191032 ] }, { "date": "2025-02-21", "close": 6.08, "volume": 31352497, "typical_volume": 54301796.45, "trend": 6.149333, "fair_value": 6.912244, "relative_strength": -16.616344, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.395612, "energy": 10.60698, "activity_lines": [ 6.031333, 6.012727, 6.178714, 6.187011 ] }, { "date": "2025-02-28", "close": 6.23, "volume": 44388912, "typical_volume": 52004953.8, "trend": 6.154667, "fair_value": 6.913013, "relative_strength": -11.258265, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.724589, "energy": 4.49296, "activity_lines": [ 6.106667, 6.044364, 6.178667, 6.192215 ] }, { "date": "2025-03-07", "close": 6.36, "volume": 45399758, "typical_volume": 52264355.55, "trend": 6.162, "fair_value": 6.912115, "relative_strength": -11.041132, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.826303, "energy": 10.999586, "activity_lines": [ 6.205333, 6.106182, 6.189667, 6.205462 ] }, { "date": "2025-03-14", "close": 6.59, "volume": 52365177, "typical_volume": 52483550.65, "trend": 6.184, "fair_value": 6.913526, "relative_strength": -8.651894, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.189942, "energy": 29.024618, "activity_lines": [ 6.354667, 6.208545, 6.221, 6.233075 ] }, { "date": "2025-03-21", "close": 6.49, "volume": 39528762, "typical_volume": 51578610.45, "trend": 6.212667, "fair_value": 6.915256, "relative_strength": -7.178538, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.163687, "energy": 43.68839, "activity_lines": [ 6.428667, 6.278545, 6.240857, 6.252817 ] }, { "date": "2025-03-28", "close": 6.42, "volume": 82544741, "typical_volume": 52253777.05, "trend": 6.233667, "fair_value": 6.914936, "relative_strength": -7.052177, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.413221, "energy": 47.556432, "activity_lines": [ 6.452, 6.321818, 6.253, 6.266194 ] }, { "date": "2025-04-04", "close": 6.53, "volume": 42382508, "typical_volume": 51658194.85, "trend": 6.259, "fair_value": 6.916538, "relative_strength": -2.863231, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.948223, "energy": 54.072127, "activity_lines": [ 6.489333, 6.379818, 6.276381, 6.285312 ] }, { "date": "2025-04-11", "close": 6.78, "volume": 128215851, "typical_volume": 56130727.35, "trend": 6.299667, "fair_value": 6.916859, "relative_strength": 6.866653, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.75559, "energy": 53.085994, "activity_lines": [ 6.59, 6.472364, 6.32219, 6.318925 ] }, { "date": "2025-04-18", "close": 6.37, "volume": 124472961, "typical_volume": 57619175.35, "trend": 6.324667, "fair_value": 6.916154, "relative_strength": 1.166112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 25.575221, "energy": 21.74422, "activity_lines": [ 6.526, 6.475636, 6.325952, 6.323462 ] }, { "date": "2025-04-25", "close": 6.26, "volume": 97381767, "typical_volume": 58629724.05, "trend": 6.320667, "fair_value": 6.913397, "relative_strength": -1.607245, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 6.680329, "energy": 9.837487, "activity_lines": [ 6.44, 6.451455, 6.321, 6.31929 ] }, { "date": "2025-05-02", "close": 5.96, "volume": 43459667, "typical_volume": 56575781.35, "trend": 6.286667, "fair_value": 6.909423, "relative_strength": -5.847895, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.742431, "energy": 11.690526, "activity_lines": [ 6.269333, 6.369455, 6.290095, 6.296022 ] }, { "date": "2025-05-09", "close": 6.01, "volume": 39086553, "typical_volume": 54947271.0, "trend": 6.288667, "fair_value": 6.907244, "relative_strength": -6.85677, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.927381, "energy": 24.138099, "activity_lines": [ 6.146, 6.298727, 6.269381, 6.278172 ] }, { "date": "2025-05-16", "close": 5.98, "volume": 31751260, "typical_volume": 53590999.0, "trend": 6.287, "fair_value": 6.907244, "relative_strength": -7.495552, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.828053, "energy": 38.777207, "activity_lines": [ 6.047333, 6.226545, 6.248571, 6.258258 ] }, { "date": "2025-05-23", "close": 5.89, "volume": 35652512, "typical_volume": 52427894.2, "trend": 6.277333, "fair_value": 6.909936, "relative_strength": -8.144237, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.827885, "energy": 54.405218, "activity_lines": [ 5.972, 6.144909, 6.220667, 6.232645 ] }, { "date": "2025-05-30", "close": 5.95, "volume": 20444129, "typical_volume": 51409611.2, "trend": 6.266667, "fair_value": 6.915192, "relative_strength": -6.055247, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.66242, "energy": 53.381181, "activity_lines": [ 5.948667, 6.086909, 6.198095, 6.211527 ] }, { "date": "2025-06-06", "close": 6.1, "volume": 33900936, "typical_volume": 50376156.45, "trend": 6.250667, "fair_value": 6.918077, "relative_strength": -4.872078, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.876536, "energy": 39.182587, "activity_lines": [ 5.996, 6.066, 6.188714, 6.200774 ] }, { "date": "2025-06-13", "close": 6.03, "volume": 47185261, "typical_volume": 50398541.45, "trend": 6.243667, "fair_value": 6.919167, "relative_strength": -5.207481, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.990267, "energy": 28.488988, "activity_lines": [ 6.010667, 6.038182, 6.17281, 6.186538 ] }, { "date": "2025-06-20", "close": 5.93, "volume": 24681949, "typical_volume": 51287321.0, "trend": 6.236333, "fair_value": 6.917436, "relative_strength": -5.485301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.282748, "energy": 27.902771, "activity_lines": [ 5.990667, 6.001273, 6.146905, 6.166301 ] }, { "date": "2025-06-27", "close": 6.13, "volume": 39829825, "typical_volume": 52237847.8, "trend": 6.216, "fair_value": 6.916026, "relative_strength": -5.560699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.994239, "energy": 17.690557, "activity_lines": [ 6.040667, 6.016182, 6.140238, 6.159441 ] }, { "date": "2025-07-04", "close": 6.15, "volume": 31203419, "typical_volume": 51761422.25, "trend": 6.194, "fair_value": 6.914744, "relative_strength": -6.084116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.905672, "energy": 15.247012, "activity_lines": [ 6.081333, 6.039091, 6.134667, 6.155183 ] }, { "date": "2025-07-11", "close": 6.28, "volume": 40661192, "typical_volume": 52226857.0, "trend": 6.166667, "fair_value": 6.914423, "relative_strength": -5.465064, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.780572, "energy": 12.126178, "activity_lines": [ 6.152, 6.087636, 6.141143, 6.160731 ] }, { "date": "2025-07-18", "close": 6.4, "volume": 41565690, "typical_volume": 52085695.9, "trend": 6.160333, "fair_value": 6.911987, "relative_strength": -5.317638, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.13899, "energy": 23.661767, "activity_lines": [ 6.250667, 6.152182, 6.158095, 6.175785 ] }, { "date": "2025-07-25", "close": 6.51, "volume": 44461804, "typical_volume": 52038798.2, "trend": 6.167667, "fair_value": 6.907949, "relative_strength": -5.590493, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.03685, "energy": 59.154033, "activity_lines": [ 6.361333, 6.229636, 6.184714, 6.198344 ] }, { "date": "2025-08-01", "close": 6.46, "volume": 40066210, "typical_volume": 51423849.85, "trend": 6.189333, "fair_value": 6.907115, "relative_strength": -4.445657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.496977, "energy": 66.149029, "activity_lines": [ 6.416667, 6.288364, 6.205857, 6.217204 ] }, { "date": "2025-08-08", "close": 6.47, "volume": 32348007, "typical_volume": 51064812.1, "trend": 6.214333, "fair_value": 6.906859, "relative_strength": -5.033161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.986412, "energy": 67.88865, "activity_lines": [ 6.453333, 6.338545, 6.228571, 6.235312 ] }, { "date": "2025-08-15", "close": 6.34, "volume": 33933230, "typical_volume": 48634236.55, "trend": 6.221333, "fair_value": 6.905128, "relative_strength": -10.523975, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.294774, "energy": 56.844496, "activity_lines": [ 6.425333, 6.355636, 6.239, 6.243419 ] }, { "date": "2025-08-22", "close": 6.6, "volume": 48507336, "typical_volume": 48940477.95, "trend": 6.243667, "fair_value": 6.907372, "relative_strength": -10.511561, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.667124, "energy": 55.147237, "activity_lines": [ 6.48, 6.415636, 6.274571, 6.267849 ] }, { "date": "2025-08-29", "close": 6.69, "volume": 62892482, "typical_volume": 45674309.5, "trend": 6.267667, "fair_value": 6.911282, "relative_strength": -12.616701, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.172386, "energy": 52.504059, "activity_lines": [ 6.551333, 6.481636, 6.318381, 6.296645 ] }, { "date": "2025-09-05", "close": 6.9, "volume": 104630674, "typical_volume": 44682195.15, "trend": 6.299, "fair_value": 6.916154, "relative_strength": -8.647026, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.760413, "energy": 72.012749, "activity_lines": [ 6.680667, 6.572, 6.382619, 6.337441 ] }, { "date": "2025-09-12", "close": 6.87, "volume": 66067554, "typical_volume": 43116484.5, "trend": 6.325333, "fair_value": 6.92109, "relative_strength": -10.920981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.328661, "energy": 80.553962, "activity_lines": [ 6.770667, 6.642909, 6.441476, 6.37428 ] }, { "date": "2025-09-19", "close": 7.68, "volume": 152817617, "typical_volume": 48584382.0, "trend": 6.378667, "fair_value": 6.930192, "relative_strength": -1.190929, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.622423, "energy": 94.805026, "activity_lines": [ 7.104, 6.848, 6.574571, 6.461677 ] }, { "date": "2025-09-26", "close": 6.47, "volume": 281250779, "typical_volume": 60692593.3, "trend": 6.386667, "fair_value": 6.929744, "relative_strength": -17.144822, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.408305, "energy": 54.636851, "activity_lines": [ 6.944667, 6.807636, 6.584238, 6.46757 ] }, { "date": "2025-10-03", "close": 6.47, "volume": 37893531, "typical_volume": 60999706.85, "trend": 6.390333, "fair_value": 6.926154, "relative_strength": -18.600989, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.455502, "energy": 37.327073, "activity_lines": [ 6.794, 6.766, 6.591714, 6.472946 ] }, { "date": "2025-10-10", "close": 6.28, "volume": 37528315, "typical_volume": 61093497.0, "trend": 6.38, "fair_value": 6.921987, "relative_strength": -19.660611, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.75201, "energy": 15.030326, "activity_lines": [ 6.594667, 6.690545, 6.578762, 6.465828 ] }, { "date": "2025-10-17", "close": 6.17, "volume": 62090164, "typical_volume": 63175798.75, "trend": 6.369333, "fair_value": 6.917115, "relative_strength": -16.659286, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.727523, "energy": 21.991758, "activity_lines": [ 6.4, 6.598364, 6.553476, 6.45228 ] }, { "date": "2025-10-24", "close": 6.38, "volume": 53151938, "typical_volume": 64138348.85, "trend": 6.368, "fair_value": 6.917949, "relative_strength": -17.438009, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.726687, "energy": 21.330903, "activity_lines": [ 6.322, 6.549818, 6.547143, 6.452968 ] }, { "date": "2025-10-31", "close": 6.42, "volume": 50272679, "typical_volume": 64292719.75, "trend": 6.364333, "fair_value": 6.920897, "relative_strength": -17.144996, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.561961, "energy": 22.233592, "activity_lines": [ 6.344, 6.507818, 6.543286, 6.456323 ] }, { "date": "2025-11-07", "close": 6.55, "volume": 50523502, "typical_volume": 65584797.4, "trend": 6.356667, "fair_value": 6.923462, "relative_strength": -15.346781, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.366171, "energy": 13.528802, "activity_lines": [ 6.412667, 6.492727, 6.549952, 6.468301 ] }, { "date": "2025-11-14", "close": 6.84, "volume": 58584015, "typical_volume": 66522506.9, "trend": 6.372333, "fair_value": 6.927821, "relative_strength": -10.152583, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.866205, "energy": 19.971247, "activity_lines": [ 6.572667, 6.532909, 6.581286, 6.499484 ] }, { "date": "2025-11-21", "close": 6.5, "volume": 50260065, "typical_volume": 67475339.2, "trend": 6.380333, "fair_value": 6.925, "relative_strength": -9.788914, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.317426, "energy": 17.080778, "activity_lines": [ 6.582, 6.512364, 6.576857, 6.50772 ] }, { "date": "2025-11-28", "close": 6.74, "volume": 41028803, "typical_volume": 67493719.75, "trend": 6.406333, "fair_value": 6.919808, "relative_strength": -9.319103, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.041043, "energy": 24.458308, "activity_lines": [ 6.649333, 6.542182, 6.593619, 6.530925 ] }, { "date": "2025-12-05", "close": 6.74, "volume": 41350573, "typical_volume": 67482963.9, "trend": 6.430667, "fair_value": 6.917436, "relative_strength": -10.089772, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.422858, "energy": 25.822282, "activity_lines": [ 6.692667, 6.589091, 6.60819, 6.552452 ] }, { "date": "2025-12-12", "close": 6.51, "volume": 38122700, "typical_volume": 67166008.7, "trend": 6.448333, "fair_value": 6.917179, "relative_strength": -13.380974, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 30.128225, "energy": 15.624266, "activity_lines": [ 6.638, 6.589273, 6.599238, 6.55757 ] }, { "date": "2025-12-19", "close": 7.17, "volume": 72170301, "typical_volume": 68771213.25, "trend": 6.491, "fair_value": 6.908974, "relative_strength": -3.50171, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.164264, "energy": 49.760324, "activity_lines": [ 6.806, 6.708727, 6.653143, 6.604129 ] }, { "date": "2025-12-26", "close": 6.97, "volume": 60963491, "typical_volume": 70201987.45, "trend": 6.525, "fair_value": 6.893846, "relative_strength": -9.150685, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.125419, "energy": 57.92344, "activity_lines": [ 6.885333, 6.775636, 6.684619, 6.635032 ] }, { "date": "2026-01-02", "close": 7.24, "volume": 50442608, "typical_volume": 71027456.35, "trend": 6.563, "fair_value": 6.882628, "relative_strength": -4.913365, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.55427, "energy": 68.992731, "activity_lines": [ 7.023333, 6.877091, 6.739429, 6.681161 ] }, { "date": "2026-01-09", "close": 7.16, "volume": 71140450, "typical_volume": 72159112.05, "trend": 6.600667, "fair_value": 6.871667, "relative_strength": -9.690394, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.366175, "energy": 70.96198, "activity_lines": [ 7.101333, 6.948364, 6.782333, 6.719677 ] }, { "date": "2026-01-16", "close": 7.19, "volume": 70528048, "typical_volume": 72540890.35, "trend": 6.642667, "fair_value": 6.858974, "relative_strength": -10.026386, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.562954, "energy": 66.714419, "activity_lines": [ 7.161333, 7.011636, 6.825429, 6.757699 ] }, { "date": "2026-01-23", "close": 7.28, "volume": 55458251, "typical_volume": 70082269.2, "trend": 6.681, "fair_value": 6.851026, "relative_strength": -9.677235, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.483057, "energy": 64.188455, "activity_lines": [ 7.206, 7.079636, 6.874714, 6.798817 ] }, { "date": "2026-01-30", "close": 7.33, "volume": 63475423, "typical_volume": 69952662.65, "trend": 6.720333, "fair_value": 6.844872, "relative_strength": -7.330967, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.840532, "energy": 52.574025, "activity_lines": [ 7.26, 7.148727, 6.926952, 6.840688 ] }, { "date": "2026-02-06", "close": 7.21, "volume": 64157424, "typical_volume": 65519653.0, "trend": 6.751333, "fair_value": 6.836987, "relative_strength": -6.741995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.295117, "energy": 41.932007, "activity_lines": [ 7.25, 7.180909, 6.965571, 6.87228 ] }, { "date": "2026-02-13", "close": 7.09, "volume": 55240095, "typical_volume": 54219118.8, "trend": 6.774333, "fair_value": 6.831026, "relative_strength": -9.355529, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.43533, "energy": 35.994237, "activity_lines": [ 7.202, 7.182727, 6.995, 6.894129 ] }, { "date": "2026-02-27", "close": 7.17, "volume": 37815508, "typical_volume": 54215217.65, "trend": 6.796333, "fair_value": 6.824679, "relative_strength": -10.648855, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.34363, "energy": 28.904629, "activity_lines": [ 7.185333, 7.192727, 7.029095, 6.919656 ] }, { "date": "2026-03-06", "close": 7.12, "volume": 48074400, "typical_volume": 54742521.9, "trend": 6.818333, "fair_value": 6.819167, "relative_strength": -8.985273, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.416773, "energy": 22.088931, "activity_lines": [ 7.153333, 7.181636, 7.055095, 6.940538 ] }, { "date": "2026-03-13", "close": 7.23, "volume": 48515198, "typical_volume": 54063773.6, "trend": 6.843667, "fair_value": 6.813205, "relative_strength": -8.021935, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.12968, "energy": 22.09224, "activity_lines": [ 7.168667, 7.191455, 7.087571, 6.967097 ] }, { "date": "2026-03-20", "close": 7.13, "volume": 55868607, "typical_volume": 54199607.05, "trend": 6.87, "fair_value": 6.80359, "relative_strength": -6.300347, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.041542, "energy": 19.466394, "activity_lines": [ 7.157333, 7.178364, 7.105476, 6.98557 ] }, { "date": "2026-03-27", "close": 7.53, "volume": 181786424, "typical_volume": 60775294.3, "trend": 6.901, "fair_value": 6.799487, "relative_strength": -0.072445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.679215, "energy": 32.720969, "activity_lines": [ 7.284667, 7.24, 7.157905, 7.028151 ] }, { "date": "2026-04-03", "close": 6.92, "volume": 170257899, "typical_volume": 66762014.15, "trend": 6.908667, "fair_value": 6.79359, "relative_strength": -5.075176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.916776, "energy": 15.659208, "activity_lines": [ 7.179333, 7.184, 7.146952, 7.029376 ] }, { "date": "2026-04-10", "close": 7.91, "volume": 231247743, "typical_volume": 75395200.55, "trend": 6.942333, "fair_value": 6.791987, "relative_strength": 1.5277, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.643693, "energy": 35.636302, "activity_lines": [ 7.420667, 7.312909, 7.228524, 7.093978 ] }, { "date": "2026-04-17", "close": 7.91, "volume": 343397274, "typical_volume": 90052061.0, "trend": 6.977, "fair_value": 6.787051, "relative_strength": -1.852834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.691175, "energy": 48.785834, "activity_lines": [ 7.609333, 7.430364, 7.305, 7.156409 ] }, { "date": "2026-04-24", "close": 6.91, "volume": 187648846, "typical_volume": 97383063.15, "trend": 6.951333, "fair_value": 6.776346, "relative_strength": -13.999315, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.993544, "energy": 21.232808, "activity_lines": [ 7.419333, 7.355455, 7.279524, 7.152086 ] }, { "date": "2026-05-01", "close": 6.67, "volume": 88029343, "typical_volume": 99717001.65, "trend": 6.958, "fair_value": 6.761987, "relative_strength": -17.344541, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.178787, "energy": 8.773204, "activity_lines": [ 7.164, 7.242364, 7.230381, 7.133935 ] }, { "date": "2026-05-08", "close": 6.79, "volume": 74259852, "typical_volume": 101523859.25, "trend": 6.968667, "fair_value": 6.75359, "relative_strength": -17.833748, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.213307, "energy": 9.522717, "activity_lines": [ 7.006, 7.158727, 7.193, 7.123097 ] }, { "date": "2026-05-15", "close": 6.3, "volume": 82051586, "typical_volume": 102017923.5, "trend": 6.969333, "fair_value": 6.742308, "relative_strength": -23.226872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.296017, "energy": 29.948118, "activity_lines": [ 6.693333, 6.992909, 7.107619, 7.079957 ] }, { "date": "2026-05-22", "close": 6.34, "volume": 66267316, "typical_volume": 102283114.75, "trend": 6.975, "fair_value": 6.734423, "relative_strength": -22.405306, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.393789, "energy": 48.232756, "activity_lines": [ 6.501333, 6.849273, 7.03019, 7.039355 ] }, { "date": "2026-05-29", "close": 6.65, "volume": 88109575, "typical_volume": 104166463.1, "trend": 6.984, "fair_value": 6.730833, "relative_strength": -18.030966, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.893025, "energy": 46.255732, "activity_lines": [ 6.517333, 6.778182, 6.985286, 7.018387 ] }, { "date": "2026-06-05", "close": 6.63, "volume": 14534119, "typical_volume": 101336146.55, "trend": 6.991, "fair_value": 6.727051, "relative_strength": -16.394919, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.899195, "energy": 40.715573, "activity_lines": [ 6.544, 6.712182, 6.941286, 6.995548 ] }, { "date": "2026-06-12", "close": 5.98, "volume": 12870300, "typical_volume": 98453259.15, "trend": 6.972, "fair_value": 6.719808, "relative_strength": -22.245485, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.138967, "energy": 49.065852, "activity_lines": [ 6.356667, 6.544364, 6.837905, 6.930323 ] }, { "date": "2026-06-19", "close": 5.55, "volume": 44635700, "typical_volume": 97912131.6, "trend": 6.929, "fair_value": 6.706731, "relative_strength": -32.006249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.570365, "energy": 57.678038, "activity_lines": [ 6.08, 6.315455, 6.699333, 6.838581 ] }, { "date": "2026-06-26", "close": 5.26, "volume": 11396200, "typical_volume": 95308170.45, "trend": 6.887667, "fair_value": 6.690192, "relative_strength": -33.896842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.495911, "energy": 77.31375, "activity_lines": [ 5.756667, 6.076727, 6.541381, 6.730903 ] }, { "date": "2026-07-03", "close": 5.54, "volume": 10327300, "typical_volume": 92616664.25, "trend": 6.847667, "fair_value": 6.675641, "relative_strength": -28.915167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.728188, "energy": 79.07457, "activity_lines": [ 5.598667, 5.937091, 6.419952, 6.643957 ] }, { "date": "2026-07-10", "close": 5.38, "volume": 50396281, "typical_volume": 92374473.55, "trend": 6.802333, "fair_value": 6.662885, "relative_strength": -27.80841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.717584, "energy": 85.547362, "activity_lines": [ 5.461333, 5.793273, 6.291238, 6.549269 ] }, { "date": "2026-07-17", "close": 5.53, "volume": 53093697, "typical_volume": 93138383.0, "trend": 6.769667, "fair_value": 6.650064, "relative_strength": -17.957341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.551707, "energy": 82.858729, "activity_lines": [ 5.457333, 5.700182, 6.184952, 6.467183 ] }, { "date": "2026-07-24", "close": 5.51, "volume": 55572981, "typical_volume": 93513312.05, "trend": 6.714333, "fair_value": 6.635897, "relative_strength": -18.059105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.254671, "energy": 77.96423, "activity_lines": [ 5.476667, 5.626364, 6.084571, 6.385914 ] }, { "date": "2026-07-31", "close": 5.89, "volume": 60875003, "typical_volume": 94131302.3, "trend": 6.678333, "fair_value": 6.625, "relative_strength": -10.620157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.818898, "energy": 49.31916, "activity_lines": [ 5.625333, 5.636, 6.028048, 6.332731 ] }, { "date": "2026-08-07", "close": 6.01, "volume": 40877479, "typical_volume": 93381745.9, "trend": 6.637333, "fair_value": 6.614423, "relative_strength": -12.88537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.461454, "energy": 34.195651, "activity_lines": [ 5.772, 5.675636, 5.989333, 6.289613 ] } ], "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." } } }