{ "ticker": { "uuid": "271e91ad-faf8-43d8-abe8-0d9e85c99ced", "symbol": "300299", "name": "Fuchun Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -44.148, "architecture_energy": 34.11, "architecture_maturity": 91.925, "architecture_confidence": 82.341, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 26.6, "rotation_up": 26.96, "upward_expansion": 16.85, "deceleration": 46.95, "rotation_down": 35.43, "downward_expansion": 64.52 }, "activity_lines": [ 5.173333, 5.085636, 5.310333, 5.581871 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 5.47, "trend_reference": 6.049333, "distance_from_trend": -0.095768, "trend_direction": "Weakening", "fair_value": 5.877756, "distance_from_fair_value": -0.069373, "fair_value_direction": "Weakening", "relative_strength": -18.612406, "relative_strength_direction": "Improving", "price_momentum": -0.224113, "excess_performance": -0.231513, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.095768, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10579, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069373, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.117367, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.186124, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062091, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.224113, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.211996, "read": "Demand-led" } ], "volume": { "latest": 144184373, "relative_activity": 1.963166, "balance": 1.211996, "dry_up": 1.765233, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.077907, "annualized_volatility": 0.32651, "from_high_reference": -0.426625, "from_low_reference": 0.196937 }, "levels": { "trend_reference": 6.049333, "fair_value_reference": 5.877756, "structural_low": 4.57, "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": 23, "median_return": -0.011204, "positive_rate": 0.434783, "directional_follow_through": 0.565217, "median_excess_return": -0.010066, "regime_survival": 0.826087, "best_return": 0.342784, "worst_return": -0.28281, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.055249, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.059752, "regime_survival": 0.555556, "best_return": 0.996078, "worst_return": -0.269871, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.003903, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.068225, "regime_survival": 0.25, "best_return": 0.965251, "worst_return": -0.276316, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.03861, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.160073, "regime_survival": 0.333333, "best_return": 0.334677, "worst_return": -0.085502, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.326087, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-10-11", "tenure": "Developing", "return": 0.091981, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-03", "tenure": "Developing", "return": -0.013672, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-18", "tenure": "Established", "return": 0.040462, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.073814, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.149425, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.005435, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-12", "tenure": "Developing", "return": -0.096, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": -0.039882, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-11-28", "tenure": "Developing", "return": 0.184496, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": -0.073012, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-03-13", "tenure": "Developing", "return": -0.080282, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": -0.022913, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.07445, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.85, "volume": 93132192, "typical_volume": 348107396.2, "trend": 7.253667, "fair_value": 6.553654, "relative_strength": 6.621162, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.548291, "energy": 45.966347, "activity_lines": [ 7.034, 7.541273, 7.863143, 7.711914 ] }, { "date": "2023-08-04", "close": 7.08, "volume": 116151449, "typical_volume": 348037328.45, "trend": 7.321333, "fair_value": 6.529167, "relative_strength": 8.392627, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.583261, "energy": 47.0623, "activity_lines": [ 6.996667, 7.419273, 7.765714, 7.70071 ] }, { "date": "2023-08-11", "close": 6.8, "volume": 100767985, "typical_volume": 326184339.9, "trend": 7.376, "fair_value": 6.502051, "relative_strength": 7.812982, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.557529, "energy": 50.863115, "activity_lines": [ 6.916667, 7.242182, 7.636952, 7.667075 ] }, { "date": "2023-08-18", "close": 6.4, "volume": 77531856, "typical_volume": 311256961.1, "trend": 7.419333, "fair_value": 6.469295, "relative_strength": 4.424885, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.113633, "energy": 51.865038, "activity_lines": [ 6.733333, 7.016364, 7.476048, 7.604108 ] }, { "date": "2023-08-25", "close": 6.17, "volume": 84742646, "typical_volume": 288662852.65, "trend": 7.446333, "fair_value": 6.446218, "relative_strength": 3.517887, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.875601, "energy": 51.867389, "activity_lines": [ 6.524, 6.792364, 7.301476, 7.523505 ] }, { "date": "2023-09-01", "close": 6.59, "volume": 100013801, "typical_volume": 263787417.45, "trend": 7.474333, "fair_value": 6.430577, "relative_strength": 6.821694, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.465252, "energy": 64.930468, "activity_lines": [ 6.500667, 6.694909, 7.188476, 7.468258 ] }, { "date": "2023-09-08", "close": 6.24, "volume": 107679528, "typical_volume": 247190796.15, "trend": 7.485667, "fair_value": 6.410769, "relative_strength": 2.743135, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.028992, "energy": 71.183343, "activity_lines": [ 6.378, 6.574909, 7.062667, 7.388624 ] }, { "date": "2023-09-15", "close": 6.07, "volume": 78185100, "typical_volume": 230033252.15, "trend": 7.498333, "fair_value": 6.383141, "relative_strength": 1.183427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.744201, "energy": 74.111214, "activity_lines": [ 6.254667, 6.453091, 6.939429, 7.29729 ] }, { "date": "2023-09-22", "close": 6.12, "volume": 66076268, "typical_volume": 225889909.45, "trend": 7.512, "fair_value": 6.358846, "relative_strength": 1.393811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.881047, "energy": 72.556036, "activity_lines": [ 6.196667, 6.361818, 6.833143, 7.208366 ] }, { "date": "2023-09-29", "close": 6.17, "volume": 70380142, "typical_volume": 213927772.9, "trend": 7.521333, "fair_value": 6.334872, "relative_strength": 2.563718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.269352, "energy": 77.457684, "activity_lines": [ 6.174, 6.298545, 6.739476, 7.121785 ] }, { "date": "2023-10-13", "close": 6.1, "volume": 72077017, "typical_volume": 203345234.15, "trend": 7.526667, "fair_value": 6.316218, "relative_strength": 1.437769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.562205, "energy": 77.565443, "activity_lines": [ 6.128, 6.235091, 6.643333, 7.030086 ] }, { "date": "2023-10-20", "close": 5.65, "volume": 59064746, "typical_volume": 192864778.05, "trend": 7.511667, "fair_value": 6.300192, "relative_strength": -1.563893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.271014, "energy": 83.095941, "activity_lines": [ 5.964667, 6.103455, 6.50881, 6.909011 ] }, { "date": "2023-10-27", "close": 5.38, "volume": 100576514, "typical_volume": 164384838.6, "trend": 7.422667, "fair_value": 6.280577, "relative_strength": -8.440273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.097576, "energy": 87.017024, "activity_lines": [ 5.750667, 5.948727, 6.354286, 6.771484 ] }, { "date": "2023-11-03", "close": 6.62, "volume": 512327969, "typical_volume": 156285328.0, "trend": 7.372333, "fair_value": 6.266987, "relative_strength": 11.009143, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.090942, "energy": 47.158695, "activity_lines": [ 5.996, 6.045273, 6.330905, 6.719699 ] }, { "date": "2023-11-10", "close": 6.57, "volume": 419839051, "typical_volume": 154056368.95, "trend": 7.234667, "fair_value": 6.246795, "relative_strength": 8.12109, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.182085, "energy": 32.64382, "activity_lines": [ 6.191333, 6.128727, 6.313143, 6.667935 ] }, { "date": "2023-11-17", "close": 6.93, "volume": 219565399, "typical_volume": 150053108.8, "trend": 7.102333, "fair_value": 6.234744, "relative_strength": 13.246423, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.783075, "energy": 16.026167, "activity_lines": [ 6.48, 6.270364, 6.340905, 6.64828 ] }, { "date": "2023-11-24", "close": 6.84, "volume": 265217837, "typical_volume": 149868466.25, "trend": 6.991, "fair_value": 6.223141, "relative_strength": 12.672097, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.830192, "energy": 20.095587, "activity_lines": [ 6.683333, 6.389455, 6.369238, 6.631355 ] }, { "date": "2023-12-01", "close": 6.9, "volume": 166573974, "typical_volume": 148533429.8, "trend": 6.933333, "fair_value": 6.207372, "relative_strength": 14.373321, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.188951, "energy": 20.774243, "activity_lines": [ 6.827333, 6.508545, 6.408048, 6.625484 ] }, { "date": "2023-12-08", "close": 7.2, "volume": 267107170, "typical_volume": 154429666.05, "trend": 6.914333, "fair_value": 6.198333, "relative_strength": 20.456539, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.516311, "energy": 32.481673, "activity_lines": [ 6.97, 6.667091, 6.477095, 6.642688 ] }, { "date": "2023-12-15", "close": 6.96, "volume": 283013406, "typical_volume": 163001202.5, "trend": 6.911333, "fair_value": 6.185641, "relative_strength": 17.652893, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.141542, "energy": 31.41133, "activity_lines": [ 6.994, 6.762364, 6.523095, 6.645634 ] }, { "date": "2023-12-22", "close": 5.89, "volume": 178835127, "typical_volume": 167286349.25, "trend": 6.873, "fair_value": 6.170641, "relative_strength": 0.831847, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -36.221282, "energy": 17.803233, "activity_lines": [ 6.635333, 6.648727, 6.466714, 6.579742 ] }, { "date": "2023-12-29", "close": 5.77, "volume": 154400364, "typical_volume": 169198795.0, "trend": 6.837, "fair_value": 6.153397, "relative_strength": -4.771188, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.026345, "energy": 25.197317, "activity_lines": [ 6.306, 6.517091, 6.403476, 6.508581 ] }, { "date": "2024-01-05", "close": 5.55, "volume": 75752502, "typical_volume": 167948020.85, "trend": 6.751333, "fair_value": 6.136474, "relative_strength": -4.697207, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.852552, "energy": 39.406879, "activity_lines": [ 5.974667, 6.343273, 6.325524, 6.425548 ] }, { "date": "2024-01-12", "close": 5.41, "volume": 67387349, "typical_volume": 167440795.5, "trend": 6.638333, "fair_value": 6.123718, "relative_strength": -6.263564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.373659, "energy": 56.384228, "activity_lines": [ 5.686667, 6.140909, 6.24019, 6.339011 ] }, { "date": "2024-01-19", "close": 5.23, "volume": 73909091, "typical_volume": 166899117.75, "trend": 6.515, "fair_value": 6.110385, "relative_strength": -7.615754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.611032, "energy": 72.605871, "activity_lines": [ 5.458, 5.927818, 6.142429, 6.248151 ] }, { "date": "2024-01-26", "close": 5.21, "volume": 109120672, "typical_volume": 167354461.3, "trend": 6.393667, "fair_value": 6.095064, "relative_strength": -8.134816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.087235, "energy": 71.862223, "activity_lines": [ 5.338, 5.735455, 6.047238, 6.163957 ] }, { "date": "2024-02-02", "close": 4.13, "volume": 107358509, "typical_volume": 167338410.35, "trend": 6.27, "fair_value": 6.072436, "relative_strength": -20.944115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.00267, "energy": 86.898839, "activity_lines": [ 4.903333, 5.378, 5.855762, 6.017914 ] }, { "date": "2024-02-09", "close": 3.88, "volume": 128127305, "typical_volume": 169835520.6, "trend": 6.157667, "fair_value": 6.052692, "relative_strength": -32.094764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.007103, "energy": 90.607472, "activity_lines": [ 4.494667, 5.024364, 5.650524, 5.86372 ] }, { "date": "2024-02-23", "close": 4.72, "volume": 144754512, "typical_volume": 173769432.8, "trend": 6.076333, "fair_value": 6.037628, "relative_strength": -19.726225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.383192, "energy": 79.755504, "activity_lines": [ 4.477333, 4.878364, 5.535714, 5.770968 ] }, { "date": "2024-03-01", "close": 4.94, "volume": 155523239, "typical_volume": 178026587.65, "trend": 6.012333, "fair_value": 6.027756, "relative_strength": -19.328626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.078863, "energy": 71.633685, "activity_lines": [ 4.579333, 4.817455, 5.448524, 5.697656 ] }, { "date": "2024-03-08", "close": 4.75, "volume": 92010912, "typical_volume": 179023282.4, "trend": 5.942333, "fair_value": 6.020385, "relative_strength": -21.939636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.400127, "energy": 49.871297, "activity_lines": [ 4.637333, 4.758727, 5.349095, 5.616215 ] }, { "date": "2024-03-15", "close": 5.21, "volume": 169203633, "typical_volume": 184530226.75, "trend": 5.88, "fair_value": 6.017115, "relative_strength": -16.661819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.47362, "energy": 30.282371, "activity_lines": [ 4.879333, 4.804364, 5.299905, 5.568968 ] }, { "date": "2024-03-22", "close": 5.32, "volume": 208268332, "typical_volume": 189914817.65, "trend": 5.830667, "fair_value": 6.009808, "relative_strength": -14.57604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.159423, "energy": 22.833948, "activity_lines": [ 5.086, 4.880182, 5.263286, 5.532839 ] }, { "date": "2024-03-29", "close": 4.92, "volume": 123504741, "typical_volume": 170473656.25, "trend": 5.781333, "fair_value": 6.002244, "relative_strength": -19.573122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.401993, "energy": 21.57596, "activity_lines": [ 5.063333, 4.887455, 5.188857, 5.474086 ] }, { "date": "2024-04-05", "close": 4.85, "volume": 56540688, "typical_volume": 152308738.1, "trend": 5.737333, "fair_value": 5.992692, "relative_strength": -21.486408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.950531, "energy": 21.80406, "activity_lines": [ 5.004, 4.890909, 5.115857, 5.414 ] }, { "date": "2024-04-12", "close": 4.44, "volume": 66588353, "typical_volume": 144659885.8, "trend": 5.665667, "fair_value": 5.983333, "relative_strength": -25.186525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.981239, "energy": 37.370403, "activity_lines": [ 4.814, 4.826727, 5.012, 5.330301 ] }, { "date": "2024-04-19", "close": 3.95, "volume": 104750671, "typical_volume": 136636527.5, "trend": 5.589333, "fair_value": 5.971218, "relative_strength": -32.870161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.235871, "energy": 58.95286, "activity_lines": [ 4.481333, 4.687455, 4.873333, 5.219613 ] }, { "date": "2024-04-26", "close": 4.24, "volume": 68672653, "typical_volume": 131741461.45, "trend": 5.528333, "fair_value": 5.961346, "relative_strength": -28.311806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.429977, "energy": 61.824035, "activity_lines": [ 4.329333, 4.604182, 4.776048, 5.132559 ] }, { "date": "2024-05-03", "close": 4.35, "volume": 28386983, "typical_volume": 119805452.1, "trend": 5.469333, "fair_value": 5.953077, "relative_strength": -26.411438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.65197, "energy": 64.129544, "activity_lines": [ 4.286, 4.534364, 4.701905, 5.056538 ] }, { "date": "2024-05-10", "close": 4.13, "volume": 55419270, "typical_volume": 108425745.3, "trend": 5.401333, "fair_value": 5.943462, "relative_strength": -30.437369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.313811, "energy": 70.287068, "activity_lines": [ 4.207333, 4.431273, 4.620381, 4.970129 ] }, { "date": "2024-05-17", "close": 4.14, "volume": 89835846, "typical_volume": 103975781.25, "trend": 5.336, "fair_value": 5.932115, "relative_strength": -29.515599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.553842, "energy": 58.329207, "activity_lines": [ 4.18, 4.344727, 4.553286, 4.888753 ] }, { "date": "2024-05-24", "close": 4.01, "volume": 61918290, "typical_volume": 99351677.55, "trend": 5.281333, "fair_value": 5.920449, "relative_strength": -29.181267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.177321, "energy": 59.397602, "activity_lines": [ 4.129333, 4.245636, 4.482143, 4.803204 ] }, { "date": "2024-05-31", "close": 4.2, "volume": 77074932, "typical_volume": 99417799.05, "trend": 5.242, "fair_value": 5.914679, "relative_strength": -24.901294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.769156, "energy": 46.727346, "activity_lines": [ 4.138, 4.202909, 4.437476, 4.733441 ] }, { "date": "2024-06-07", "close": 3.53, "volume": 124858478, "typical_volume": 102291355.5, "trend": 5.139, "fair_value": 5.904551, "relative_strength": -35.629122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.581733, "energy": 55.31268, "activity_lines": [ 3.926, 4.058727, 4.335429, 4.622989 ] }, { "date": "2024-06-14", "close": 3.66, "volume": 47190674, "typical_volume": 100955434.65, "trend": 5.042, "fair_value": 5.894679, "relative_strength": -32.482697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.800637, "energy": 60.378432, "activity_lines": [ 3.812, 3.963455, 4.254714, 4.52757 ] }, { "date": "2024-06-21", "close": 3.5, "volume": 40779055, "typical_volume": 97538353.8, "trend": 4.927667, "fair_value": 5.884615, "relative_strength": -33.157843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.04527, "energy": 65.688948, "activity_lines": [ 3.676, 3.860727, 4.166238, 4.428086 ] }, { "date": "2024-06-28", "close": 3.47, "volume": 55228425, "typical_volume": 94931849.6, "trend": 4.815333, "fair_value": 5.874231, "relative_strength": -31.201254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.209475, "energy": 76.833407, "activity_lines": [ 3.572667, 3.769636, 4.083048, 4.334043 ] }, { "date": "2024-07-05", "close": 3.57, "volume": 52749809, "typical_volume": 91162974.8, "trend": 4.704333, "fair_value": 5.863141, "relative_strength": -27.012243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.259878, "energy": 66.976547, "activity_lines": [ 3.538667, 3.705455, 4.012524, 4.253699 ] }, { "date": "2024-07-12", "close": 3.49, "volume": 71605733, "typical_volume": 87505535.85, "trend": 4.580667, "fair_value": 5.849808, "relative_strength": -29.157994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.434686, "energy": 56.014267, "activity_lines": [ 3.52, 3.638909, 3.935857, 4.175355 ] }, { "date": "2024-07-19", "close": 3.42, "volume": 34869958, "typical_volume": 81472871.8, "trend": 4.462667, "fair_value": 5.8325, "relative_strength": -30.283338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.625746, "energy": 55.972597, "activity_lines": [ 3.480667, 3.575273, 3.858381, 4.100473 ] }, { "date": "2024-07-26", "close": 3.44, "volume": 41585485, "typical_volume": 78951600.45, "trend": 4.381, "fair_value": 5.818141, "relative_strength": -26.750127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.45745, "energy": 52.109002, "activity_lines": [ 3.464, 3.528182, 3.790048, 4.034495 ] }, { "date": "2024-08-02", "close": 3.53, "volume": 49837855, "typical_volume": 72983311.55, "trend": 4.306333, "fair_value": 5.806346, "relative_strength": -23.855569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.949045, "energy": 46.729081, "activity_lines": [ 3.481333, 3.510182, 3.736524, 3.979591 ] }, { "date": "2024-08-09", "close": 3.92, "volume": 327681460, "typical_volume": 78953967.95, "trend": 4.252, "fair_value": 5.795577, "relative_strength": -13.371407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.398083, "energy": 30.438784, "activity_lines": [ 3.624667, 3.571818, 3.728143, 3.954667 ] }, { "date": "2024-08-16", "close": 5.98, "volume": 537161352, "typical_volume": 99636798.5, "trend": 4.271, "fair_value": 5.798462, "relative_strength": 32.439368, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.222491, "energy": 38.669532, "activity_lines": [ 4.431333, 4.013091, 3.922619, 4.066151 ] }, { "date": "2024-08-23", "close": 4.03, "volume": 703670208, "typical_volume": 131993274.5, "trend": 4.231, "fair_value": 5.789359, "relative_strength": -8.47078, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.334557, "energy": 24.320313, "activity_lines": [ 4.422, 4.055273, 3.926333, 4.050602 ] }, { "date": "2024-08-30", "close": 4.24, "volume": 368913352, "typical_volume": 147109524.45, "trend": 4.198667, "fair_value": 5.783205, "relative_strength": -5.270235, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.179769, "energy": 26.948756, "activity_lines": [ 4.442, 4.128909, 3.953952, 4.051183 ] }, { "date": "2024-09-06", "close": 4.0, "volume": 211708897, "typical_volume": 152457435.75, "trend": 4.194333, "fair_value": 5.775705, "relative_strength": -7.852343, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.231408, "energy": 24.477461, "activity_lines": [ 4.328667, 4.145455, 3.959667, 4.038366 ] }, { "date": "2024-09-13", "close": 3.95, "volume": 160134943, "typical_volume": 157030550.25, "trend": 4.196667, "fair_value": 5.768269, "relative_strength": -6.87324, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.959357, "energy": 9.370594, "activity_lines": [ 4.167333, 4.143273, 3.960381, 4.022602 ] }, { "date": "2024-09-20", "close": 3.85, "volume": 101707870, "typical_volume": 160696594.6, "trend": 4.167667, "fair_value": 5.761154, "relative_strength": -9.835736, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.313225, "energy": 17.830203, "activity_lines": [ 3.970667, 4.116, 3.952952, 4.000237 ] }, { "date": "2024-09-27", "close": 4.54, "volume": 217419016, "typical_volume": 168796581.9, "trend": 4.154333, "fair_value": 5.760577, "relative_strength": -9.365042, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.975613, "energy": 5.242782, "activity_lines": [ 4.146, 4.207636, 4.013619, 4.024258 ] }, { "date": "2024-10-04", "close": 5.24, "volume": 90254580, "typical_volume": 168817518.6, "trend": 4.170667, "fair_value": 5.763333, "relative_strength": -5.11402, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.552548, "energy": 26.101485, "activity_lines": [ 4.520667, 4.406182, 4.139, 4.094301 ] }, { "date": "2024-10-11", "close": 4.63, "volume": 279364486, "typical_volume": 179689828.4, "trend": 4.151333, "fair_value": 5.760385, "relative_strength": -11.765721, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.14797, "energy": 33.06533, "activity_lines": [ 4.625333, 4.461091, 4.201048, 4.123935 ] }, { "date": "2024-10-18", "close": 5.12, "volume": 230758434, "typical_volume": 187374003.5, "trend": 4.144667, "fair_value": 5.761795, "relative_strength": -4.833612, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.676213, "energy": 57.574557, "activity_lines": [ 4.851333, 4.585091, 4.30681, 4.18643 ] }, { "date": "2024-10-25", "close": 5.36, "volume": 314604918, "typical_volume": 196861325.5, "trend": 4.159333, "fair_value": 5.764744, "relative_strength": -2.523067, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.344286, "energy": 61.863461, "activity_lines": [ 5.079333, 4.730909, 4.431048, 4.264839 ] }, { "date": "2024-11-01", "close": 4.92, "volume": 209870981, "typical_volume": 204995340.85, "trend": 4.161667, "fair_value": 5.765897, "relative_strength": -8.847433, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.245157, "energy": 45.510006, "activity_lines": [ 5.06, 4.808, 4.504667, 4.313914 ] }, { "date": "2024-11-08", "close": 5.57, "volume": 219983017, "typical_volume": 213955538.95, "trend": 4.199333, "fair_value": 5.769872, "relative_strength": -2.707832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.975611, "energy": 53.351327, "activity_lines": [ 5.232, 4.987091, 4.63419, 4.404774 ] }, { "date": "2024-11-15", "close": 5.6, "volume": 235444774, "typical_volume": 222966356.4, "trend": 4.254333, "fair_value": 5.774551, "relative_strength": 2.098139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.278823, "energy": 59.70001, "activity_lines": [ 5.392, 5.147455, 4.756714, 4.49514 ] }, { "date": "2024-11-22", "close": 6.85, "volume": 291267325, "typical_volume": 234892232.2, "trend": 4.341333, "fair_value": 5.787949, "relative_strength": 28.785108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.270379, "energy": 82.484105, "activity_lines": [ 5.904, 5.506, 4.988143, 4.662602 ] }, { "date": "2024-11-29", "close": 6.43, "volume": 716289779, "typical_volume": 267126434.5, "trend": 4.410667, "fair_value": 5.799103, "relative_strength": 19.319772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.042123, "energy": 79.985572, "activity_lines": [ 6.160667, 5.735455, 5.163952, 4.797355 ] }, { "date": "2024-12-06", "close": 6.62, "volume": 425512948, "typical_volume": 286658584.0, "trend": 4.493667, "fair_value": 5.809551, "relative_strength": 21.243322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.507565, "energy": 80.368993, "activity_lines": [ 6.409333, 5.952545, 5.343857, 4.939892 ] }, { "date": "2024-12-13", "close": 8.9, "volume": 569370011, "typical_volume": 313047810.3, "trend": 4.652333, "fair_value": 5.830897, "relative_strength": 63.711711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.702806, "energy": 92.734743, "activity_lines": [ 7.304667, 6.546364, 5.725667, 5.224172 ] }, { "date": "2024-12-20", "close": 7.27, "volume": 613364613, "typical_volume": 341224148.2, "trend": 4.761, "fair_value": 5.842692, "relative_strength": 34.863411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.639219, "energy": 66.982611, "activity_lines": [ 7.434667, 6.777273, 5.926238, 5.393054 ] }, { "date": "2024-12-27", "close": 5.97, "volume": 329770831, "typical_volume": 341328616.75, "trend": 4.82, "fair_value": 5.848462, "relative_strength": 10.940342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.508817, "energy": 50.356441, "activity_lines": [ 7.02, 6.723818, 5.98519, 5.471054 ] }, { "date": "2025-01-03", "close": 5.05, "volume": 177025958, "typical_volume": 323321847.05, "trend": 4.870667, "fair_value": 5.848397, "relative_strength": 1.446655, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.759828, "energy": 29.209497, "activity_lines": [ 6.357333, 6.487636, 5.946762, 5.485892 ] }, { "date": "2025-01-10", "close": 5.19, "volume": 227890359, "typical_volume": 299532854.6, "trend": 4.921667, "fair_value": 5.849295, "relative_strength": 5.654947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.7184, "energy": 21.572115, "activity_lines": [ 5.833333, 6.282545, 5.926095, 5.506495 ] }, { "date": "2025-01-17", "close": 6.83, "volume": 655278084, "typical_volume": 313851091.2, "trend": 5.032667, "fair_value": 5.851859, "relative_strength": 33.678529, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.885612, "energy": 26.659634, "activity_lines": [ 5.951333, 6.370727, 6.056095, 5.629613 ] }, { "date": "2025-01-24", "close": 6.14, "volume": 433720531, "typical_volume": 324951672.9, "trend": 5.121667, "fair_value": 5.850449, "relative_strength": 18.633293, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.928289, "energy": 19.858502, "activity_lines": [ 5.977333, 6.310545, 6.108048, 5.701054 ] }, { "date": "2025-01-31", "close": 5.81, "volume": 48814800, "typical_volume": 319385665.75, "trend": 5.196333, "fair_value": 5.845321, "relative_strength": 13.865835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.965136, "energy": 14.165982, "activity_lines": [ 5.968667, 6.180545, 6.118381, 5.745462 ] }, { "date": "2025-02-07", "close": 6.41, "volume": 232813034, "typical_volume": 325940923.95, "trend": 5.293667, "fair_value": 5.846346, "relative_strength": 20.206928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.435339, "energy": 20.195009, "activity_lines": [ 6.170667, 6.178545, 6.177, 5.823763 ] }, { "date": "2025-02-14", "close": 7.15, "volume": 521574167, "typical_volume": 341148681.5, "trend": 5.418, "fair_value": 5.854295, "relative_strength": 30.796702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.936862, "energy": 30.13419, "activity_lines": [ 6.528667, 6.311455, 6.293905, 5.943527 ] }, { "date": "2025-02-21", "close": 6.73, "volume": 461002258, "typical_volume": 359686065.4, "trend": 5.527667, "fair_value": 5.859615, "relative_strength": 19.987076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.279808, "energy": 26.424565, "activity_lines": [ 6.616, 6.358364, 6.358381, 6.028172 ] }, { "date": "2025-02-28", "close": 6.21, "volume": 324831077, "typical_volume": 361959394.95, "trend": 5.617, "fair_value": 5.865641, "relative_strength": 14.416633, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.062375, "energy": 25.842524, "activity_lines": [ 6.536667, 6.350182, 6.366238, 6.072194 ] }, { "date": "2025-03-07", "close": 6.43, "volume": 211296222, "typical_volume": 360986284.35, "trend": 5.700667, "fair_value": 5.869167, "relative_strength": 15.556479, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.254462, "energy": 27.60071, "activity_lines": [ 6.526, 6.401273, 6.387524, 6.124645 ] }, { "date": "2025-03-14", "close": 6.9, "volume": 266569417, "typical_volume": 358584509.3, "trend": 5.731333, "fair_value": 5.874231, "relative_strength": 22.087183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.946482, "energy": 27.48927, "activity_lines": [ 6.630667, 6.529455, 6.447333, 6.202022 ] }, { "date": "2025-03-21", "close": 6.29, "volume": 217238469, "typical_volume": 358952883.7, "trend": 5.806667, "fair_value": 5.877821, "relative_strength": 14.183587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.146435, "energy": 17.203842, "activity_lines": [ 6.499333, 6.513091, 6.441714, 6.238065 ] }, { "date": "2025-03-28", "close": 5.92, "volume": 107875215, "typical_volume": 353347493.6, "trend": 5.862667, "fair_value": 5.876923, "relative_strength": 8.139445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.825328, "energy": 9.066092, "activity_lines": [ 6.302, 6.409455, 6.394333, 6.245376 ] }, { "date": "2025-04-04", "close": 5.91, "volume": 73338843, "typical_volume": 345242197.05, "trend": 5.926333, "fair_value": 5.874295, "relative_strength": 10.218286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.283546, "energy": 7.624941, "activity_lines": [ 6.155333, 6.320545, 6.344333, 6.24843 ] }, { "date": "2025-04-11", "close": 5.39, "volume": 162441527, "typical_volume": 338800907.15, "trend": 5.974333, "fair_value": 5.867821, "relative_strength": 5.688016, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.701661, "energy": 23.475655, "activity_lines": [ 5.855333, 6.141273, 6.243333, 6.213828 ] }, { "date": "2025-04-18", "close": 5.4, "volume": 94717296, "typical_volume": 307722283.0, "trend": 6.026, "fair_value": 5.863718, "relative_strength": 5.958935, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.074055, "energy": 46.568751, "activity_lines": [ 5.628, 5.971455, 6.150238, 6.176774 ] }, { "date": "2025-04-25", "close": 5.69, "volume": 137675656, "typical_volume": 293330418.4, "trend": 6.064333, "fair_value": 5.8525, "relative_strength": 9.616094, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.100001, "energy": 47.175301, "activity_lines": [ 5.597333, 5.872727, 6.089667, 6.155097 ] }, { "date": "2025-05-02", "close": 5.92, "volume": 92678055, "typical_volume": 269495820.6, "trend": 6.087, "fair_value": 5.839808, "relative_strength": 13.643259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.369939, "energy": 40.709518, "activity_lines": [ 5.683333, 5.842364, 6.055429, 6.145785 ] }, { "date": "2025-05-09", "close": 6.11, "volume": 119402724, "typical_volume": 244797726.15, "trend": 6.136333, "fair_value": 5.836538, "relative_strength": 13.916352, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.547111, "energy": 17.141046, "activity_lines": [ 5.832667, 5.861273, 6.053476, 6.147269 ] }, { "date": "2025-05-16", "close": 6.09, "volume": 89958310, "typical_volume": 232807100.1, "trend": 6.168667, "fair_value": 5.84, "relative_strength": 12.254377, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.718154, "energy": 16.581459, "activity_lines": [ 5.962, 5.878364, 6.055143, 6.14428 ] }, { "date": "2025-05-23", "close": 5.92, "volume": 118033981, "typical_volume": 229857501.25, "trend": 6.187333, "fair_value": 5.844615, "relative_strength": 9.004513, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.961543, "energy": 18.53294, "activity_lines": [ 5.988, 5.870727, 6.040048, 6.128237 ] }, { "date": "2025-05-30", "close": 6.1, "volume": 161426670, "typical_volume": 226534316.8, "trend": 6.226667, "fair_value": 5.850705, "relative_strength": 12.702509, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.789782, "energy": 17.869925, "activity_lines": [ 6.039333, 5.913636, 6.037952, 6.122602 ] }, { "date": "2025-06-06", "close": 6.34, "volume": 194730635, "typical_volume": 203506944.35, "trend": 6.252333, "fair_value": 5.857564, "relative_strength": 14.505861, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.404908, "energy": 13.224319, "activity_lines": [ 6.143333, 6.003636, 6.054381, 6.129914 ] }, { "date": "2025-06-13", "close": 7.26, "volume": 959449357, "typical_volume": 229793385.65, "trend": 6.307667, "fair_value": 5.868654, "relative_strength": 30.435677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.686754, "energy": 30.51578, "activity_lines": [ 6.526, 6.253273, 6.160762, 6.194925 ] }, { "date": "2025-06-20", "close": 7.0, "volume": 516511254, "typical_volume": 253178208.35, "trend": 6.312667, "fair_value": 5.875192, "relative_strength": 25.856084, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.849714, "energy": 40.292158, "activity_lines": [ 6.745333, 6.431091, 6.237048, 6.239591 ] }, { "date": "2025-06-27", "close": 7.36, "volume": 327175621, "typical_volume": 257896337.7, "trend": 6.343667, "fair_value": 5.882436, "relative_strength": 26.182476, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.847115, "energy": 57.904002, "activity_lines": [ 7.024, 6.645091, 6.341952, 6.307161 ] }, { "date": "2025-07-04", "close": 7.4, "volume": 377345361, "typical_volume": 250684897.4, "trend": 6.369667, "fair_value": 5.891218, "relative_strength": 24.049936, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.2569, "energy": 71.618213, "activity_lines": [ 7.22, 6.830727, 6.446143, 6.375312 ] }, { "date": "2025-07-11", "close": 7.5, "volume": 283560335, "typical_volume": 241812801.25, "trend": 6.323, "fair_value": 5.90141, "relative_strength": 22.252649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.474049, "energy": 73.129745, "activity_lines": [ 7.362667, 7.003455, 6.558667, 6.448237 ] }, { "date": "2025-07-18", "close": 7.23, "volume": 207493948, "typical_volume": 235945944.8, "trend": 6.321667, "fair_value": 5.908205, "relative_strength": 14.432417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.615146, "energy": 65.731664, "activity_lines": [ 7.338, 7.098364, 6.64181, 6.506753 ] }, { "date": "2025-07-25", "close": 7.16, "volume": 152999270, "typical_volume": 233031097.2, "trend": 6.361333, "fair_value": 5.912244, "relative_strength": 9.864617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.474984, "energy": 50.771882, "activity_lines": [ 7.292, 7.160182, 6.713429, 6.560839 ] }, { "date": "2025-08-01", "close": 7.17, "volume": 193204172, "typical_volume": 229362834.95, "trend": 6.432, "fair_value": 5.919551, "relative_strength": 10.912032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.741694, "energy": 38.162234, "activity_lines": [ 7.238667, 7.204364, 6.782524, 6.613011 ] }, { "date": "2025-08-08", "close": 7.34, "volume": 231332173, "typical_volume": 230067520.15, "trend": 6.503667, "fair_value": 5.929936, "relative_strength": 11.438857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.502376, "energy": 31.333749, "activity_lines": [ 7.254667, 7.256727, 6.866524, 6.671591 ] }, { "date": "2025-08-15", "close": 7.48, "volume": 206618138, "typical_volume": 235004666.3, "trend": 6.525333, "fair_value": 5.937949, "relative_strength": 8.88463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.117722, "energy": 35.99269, "activity_lines": [ 7.321333, 7.312, 6.958857, 6.734581 ] }, { "date": "2025-08-22", "close": 7.68, "volume": 268217165, "typical_volume": 244748582.4, "trend": 6.576667, "fair_value": 5.947115, "relative_strength": 6.432102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.574009, "energy": 40.27317, "activity_lines": [ 7.456, 7.382909, 7.06281, 6.809075 ] }, { "date": "2025-08-29", "close": 6.96, "volume": 357779471, "typical_volume": 254515479.6, "trend": 6.615, "fair_value": 5.953782, "relative_strength": -7.693743, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.305402, "energy": 31.097834, "activity_lines": [ 7.320667, 7.315273, 7.089762, 6.833806 ] }, { "date": "2025-09-05", "close": 6.75, "volume": 162182738, "typical_volume": 257888751.7, "trend": 6.626333, "fair_value": 5.958269, "relative_strength": -9.856968, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.53151, "energy": 18.084292, "activity_lines": [ 7.128667, 7.210182, 7.089238, 6.842516 ] }, { "date": "2025-09-12", "close": 6.78, "volume": 126048100, "typical_volume": 257307373.9, "trend": 6.614, "fair_value": 5.956859, "relative_strength": -11.87826, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.74353, "energy": 17.558679, "activity_lines": [ 6.974667, 7.121636, 7.085143, 6.85243 ] }, { "date": "2025-09-19", "close": 6.77, "volume": 274799606, "typical_volume": 266413451.45, "trend": 6.615333, "fair_value": 5.957821, "relative_strength": -13.111576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.784548, "energy": 17.302546, "activity_lines": [ 6.854667, 7.042545, 7.074905, 6.862495 ] }, { "date": "2025-09-26", "close": 6.54, "volume": 116911268, "typical_volume": 266288878.65, "trend": 6.626333, "fair_value": 5.957436, "relative_strength": -16.989399, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.152825, "energy": 20.348659, "activity_lines": [ 6.705333, 6.934909, 7.038714, 6.857634 ] }, { "date": "2025-10-03", "close": 6.5, "volume": 30778842, "typical_volume": 263329905.25, "trend": 6.628667, "fair_value": 5.959808, "relative_strength": -19.38927, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.205393, "energy": 38.490985, "activity_lines": [ 6.618667, 6.832545, 6.996667, 6.849484 ] }, { "date": "2025-10-10", "close": 6.45, "volume": 28854568, "typical_volume": 258870934.6, "trend": 6.613667, "fair_value": 5.964872, "relative_strength": -19.044033, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.920148, "energy": 43.78344, "activity_lines": [ 6.546, 6.733091, 6.947905, 6.837957 ] }, { "date": "2025-10-17", "close": 6.09, "volume": 64150669, "typical_volume": 254007134.55, "trend": 6.607, "fair_value": 5.969295, "relative_strength": -19.510374, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.839753, "energy": 56.885878, "activity_lines": [ 6.373333, 6.581273, 6.862333, 6.804172 ] }, { "date": "2025-10-24", "close": 6.29, "volume": 53343751, "typical_volume": 246937790.35, "trend": 6.619333, "fair_value": 5.977692, "relative_strength": -20.541485, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.976039, "energy": 48.854223, "activity_lines": [ 6.313333, 6.488545, 6.795857, 6.78372 ] }, { "date": "2025-10-31", "close": 6.57, "volume": 146908571, "typical_volume": 206310751.05, "trend": 6.641333, "fair_value": 5.986603, "relative_strength": -17.611316, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.088667, "energy": 35.052033, "activity_lines": [ 6.378667, 6.468364, 6.756286, 6.780538 ] }, { "date": "2025-11-07", "close": 6.63, "volume": 143863207, "typical_volume": 187678348.7, "trend": 6.682667, "fair_value": 5.995962, "relative_strength": -17.007459, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.270438, "energy": 25.726517, "activity_lines": [ 6.462, 6.479273, 6.725714, 6.779806 ] }, { "date": "2025-11-14", "close": 7.06, "volume": 197433287, "typical_volume": 181191232.0, "trend": 6.738, "fair_value": 6.010385, "relative_strength": -10.405707, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 5.625631, "energy": 8.906368, "activity_lines": [ 6.68, 6.574364, 6.737857, 6.804151 ] }, { "date": "2025-11-21", "close": 7.77, "volume": 589693494, "typical_volume": 191808638.65, "trend": 6.807333, "fair_value": 6.026154, "relative_strength": 4.058733, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 31.829731, "energy": 29.623323, "activity_lines": [ 7.094, 6.792909, 6.819048, 6.870731 ] }, { "date": "2025-11-28", "close": 7.64, "volume": 876073946, "typical_volume": 221434319.2, "trend": 6.864667, "fair_value": 6.039551, "relative_strength": -1.14101, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 54.530004, "energy": 42.176156, "activity_lines": [ 7.352667, 6.969818, 6.886095, 6.924452 ] }, { "date": "2025-12-05", "close": 7.67, "volume": 499843134, "typical_volume": 236051778.5, "trend": 6.916667, "fair_value": 6.051474, "relative_strength": -1.892422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.365666, "energy": 50.622637, "activity_lines": [ 7.531333, 7.136364, 6.955333, 6.976409 ] }, { "date": "2025-12-12", "close": 7.51, "volume": 469063289, "typical_volume": 251854979.45, "trend": 6.964, "fair_value": 6.065128, "relative_strength": -3.919347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.063504, "energy": 52.370385, "activity_lines": [ 7.583333, 7.253273, 7.007238, 7.014688 ] }, { "date": "2025-12-19", "close": 7.27, "volume": 301893651, "typical_volume": 257289453.4, "trend": 7.009, "fair_value": 6.075897, "relative_strength": -5.755378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.160376, "energy": 41.582219, "activity_lines": [ 7.496667, 7.308182, 7.034619, 7.03443 ] }, { "date": "2025-12-26", "close": 7.11, "volume": 228862415, "typical_volume": 257165965.5, "trend": 7.042667, "fair_value": 6.086474, "relative_strength": -10.861917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 22.540325, "energy": 17.756356, "activity_lines": [ 7.342667, 7.319091, 7.046286, 7.040946 ] }, { "date": "2026-01-02", "close": 7.1, "volume": 122795489, "typical_volume": 252974833.05, "trend": 7.068, "fair_value": 6.098205, "relative_strength": -10.511373, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.975597, "energy": 6.388417, "activity_lines": [ 7.229333, 7.309636, 7.058095, 7.044645 ] }, { "date": "2026-01-09", "close": 7.89, "volume": 309805281, "typical_volume": 255054238.85, "trend": 7.089, "fair_value": 6.116026, "relative_strength": -4.835954, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.208523, "energy": 23.454359, "activity_lines": [ 7.415333, 7.429091, 7.146952, 7.097677 ] }, { "date": "2026-01-16", "close": 7.72, "volume": 482588633, "typical_volume": 261294696.95, "trend": 7.113, "fair_value": 6.133141, "relative_strength": -7.537188, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.523519, "energy": 26.78526, "activity_lines": [ 7.53, 7.493636, 7.218619, 7.138387 ] }, { "date": "2026-01-23", "close": 7.63, "volume": 197969054, "typical_volume": 263084012.75, "trend": 7.122, "fair_value": 6.148974, "relative_strength": -9.415729, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.510941, "energy": 32.047077, "activity_lines": [ 7.600667, 7.522, 7.278095, 7.171742 ] }, { "date": "2026-01-30", "close": 7.05, "volume": 213761834, "typical_volume": 267469699.45, "trend": 7.110333, "fair_value": 6.161474, "relative_strength": -14.7111, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.582686, "energy": 23.433461, "activity_lines": [ 7.454, 7.434545, 7.278143, 7.167097 ] }, { "date": "2026-02-06", "close": 7.12, "volume": 148339956, "typical_volume": 261146716.95, "trend": 7.097667, "fair_value": 6.172756, "relative_strength": -11.736806, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.879937, "energy": 13.056544, "activity_lines": [ 7.334667, 7.372909, 7.283571, 7.16772 ] }, { "date": "2026-02-13", "close": 7.34, "volume": 370335157, "typical_volume": 273817911.4, "trend": 7.101333, "fair_value": 6.182949, "relative_strength": -9.82574, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.90979, "energy": 13.760689, "activity_lines": [ 7.287333, 7.360727, 7.308286, 7.183355 ] }, { "date": "2026-02-27", "close": 7.09, "volume": 123786585, "typical_volume": 278468298.55, "trend": 7.099, "fair_value": 6.190577, "relative_strength": -14.920993, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.671998, "energy": 13.736896, "activity_lines": [ 7.193333, 7.309091, 7.305381, 7.182624 ] }, { "date": "2026-03-06", "close": 6.58, "volume": 126721767, "typical_volume": 283361658.5, "trend": 7.079333, "fair_value": 6.196282, "relative_strength": -18.916367, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.931369, "energy": 21.721578, "activity_lines": [ 6.971333, 7.172364, 7.251095, 7.14914 ] }, { "date": "2026-03-13", "close": 6.53, "volume": 88494965, "typical_volume": 284578873.3, "trend": 7.052333, "fair_value": 6.201538, "relative_strength": -19.776239, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.763307, "energy": 37.296087, "activity_lines": [ 6.802667, 7.039091, 7.191429, 7.113699 ] }, { "date": "2026-03-20", "close": 6.11, "volume": 71032451, "typical_volume": 285463308.3, "trend": 7.006667, "fair_value": 6.202949, "relative_strength": -22.198645, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.761707, "energy": 54.760454, "activity_lines": [ 6.528667, 6.84, 7.089667, 7.052903 ] }, { "date": "2026-03-27", "close": 6.07, "volume": 77789633, "typical_volume": 282007361.4, "trend": 6.953, "fair_value": 6.203782, "relative_strength": -21.721723, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.77885, "energy": 63.713672, "activity_lines": [ 6.308667, 6.651636, 6.984952, 6.992473 ] }, { "date": "2026-04-03", "close": 5.73, "volume": 58879002, "typical_volume": 277758151.15, "trend": 6.912, "fair_value": 6.20141, "relative_strength": -23.514778, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.896161, "energy": 69.465979, "activity_lines": [ 6.06, 6.434545, 6.850238, 6.91357 ] }, { "date": "2026-04-10", "close": 5.97, "volume": 62707419, "typical_volume": 271021857.75, "trend": 6.886, "fair_value": 6.188077, "relative_strength": -25.24642, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.202202, "energy": 73.930724, "activity_lines": [ 5.982, 6.297273, 6.742667, 6.852796 ] }, { "date": "2026-04-17", "close": 5.91, "volume": 71806687, "typical_volume": 245127517.4, "trend": 6.857, "fair_value": 6.173846, "relative_strength": -28.488852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.424664, "energy": 72.884615, "activity_lines": [ 5.924667, 6.179273, 6.634571, 6.789828 ] }, { "date": "2026-04-24", "close": 5.82, "volume": 73627777, "typical_volume": 205005208.95, "trend": 6.825333, "fair_value": 6.142564, "relative_strength": -29.439371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.105221, "energy": 74.850958, "activity_lines": [ 5.878667, 6.065636, 6.526762, 6.722925 ] }, { "date": "2026-05-01", "close": 6.16, "volume": 94118823, "typical_volume": 184718993.4, "trend": 6.812667, "fair_value": 6.112179, "relative_strength": -25.714472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.128229, "energy": 49.776491, "activity_lines": [ 5.965333, 6.037455, 6.46, 6.68 ] }, { "date": "2026-05-08", "close": 6.38, "volume": 57628739, "typical_volume": 164147265.9, "trend": 6.808667, "fair_value": 6.087821, "relative_strength": -24.821504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.538944, "energy": 37.205946, "activity_lines": [ 6.119333, 6.070727, 6.421381, 6.652086 ] }, { "date": "2026-05-15", "close": 6.1, "volume": 75643708, "typical_volume": 152834768.75, "trend": 6.797, "fair_value": 6.071603, "relative_strength": -27.569754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.614428, "energy": 31.297207, "activity_lines": [ 6.136667, 6.066, 6.361476, 6.606366 ] }, { "date": "2026-05-22", "close": 5.94, "volume": 76926263, "typical_volume": 145237961.15, "trend": 6.792, "fair_value": 6.059872, "relative_strength": -29.084166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.389938, "energy": 31.447075, "activity_lines": [ 6.092, 6.040909, 6.291905, 6.551075 ] }, { "date": "2026-05-29", "close": 5.48, "volume": 69862841, "typical_volume": 142591328.75, "trend": 6.765, "fair_value": 6.049808, "relative_strength": -33.932966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.882919, "energy": 48.631545, "activity_lines": [ 5.892, 5.942909, 6.184095, 6.46643 ] }, { "date": "2026-06-05", "close": 5.45, "volume": 30088671, "typical_volume": 128605498.25, "trend": 6.727667, "fair_value": 6.039615, "relative_strength": -32.564479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.636054, "energy": 71.792211, "activity_lines": [ 5.704667, 5.850909, 6.081143, 6.381591 ] }, { "date": "2026-06-12", "close": 5.14, "volume": 17733906, "typical_volume": 105362761.9, "trend": 6.678, "fair_value": 6.028654, "relative_strength": -34.238403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.085276, "energy": 85.735294, "activity_lines": [ 5.461333, 5.713818, 5.960286, 6.279161 ] }, { "date": "2026-06-19", "close": 5.09, "volume": 53422369, "typical_volume": 98135427.65, "trend": 6.612333, "fair_value": 6.009231, "relative_strength": -38.305875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.166335, "energy": 89.436689, "activity_lines": [ 5.284, 5.578364, 5.846952, 6.17671 ] }, { "date": "2026-06-26", "close": 4.79, "volume": 18613054, "typical_volume": 88377988.65, "trend": 6.513, "fair_value": 5.983526, "relative_strength": -40.141957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.439705, "energy": 92.688636, "activity_lines": [ 5.074, 5.404364, 5.717143, 6.05914 ] }, { "date": "2026-07-03", "close": 4.99, "volume": 15962206, "typical_volume": 81759101.15, "trend": 6.424667, "fair_value": 5.958269, "relative_strength": -35.958804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.010593, "energy": 87.133763, "activity_lines": [ 5.007333, 5.287091, 5.617143, 5.960882 ] }, { "date": "2026-07-10", "close": 5.07, "volume": 95496293, "typical_volume": 68017157.95, "trend": 6.338, "fair_value": 5.934038, "relative_strength": -31.58286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.019187, "energy": 79.439671, "activity_lines": [ 5.0, 5.199455, 5.534905, 5.873484 ] }, { "date": "2026-07-17", "close": 4.69, "volume": 97284218, "typical_volume": 66692039.6, "trend": 6.244, "fair_value": 5.913846, "relative_strength": -29.536683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.106774, "energy": 68.248279, "activity_lines": [ 4.891333, 5.062545, 5.427286, 5.767161 ] }, { "date": "2026-07-24", "close": 4.88, "volume": 98771958, "typical_volume": 65294549.15, "trend": 6.164333, "fair_value": 5.898654, "relative_strength": -26.141516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.900237, "energy": 59.113401, "activity_lines": [ 4.876, 4.990909, 5.34919, 5.679161 ] }, { "date": "2026-07-31", "close": 5.29, "volume": 178348197, "typical_volume": 69787210.75, "trend": 6.103667, "fair_value": 5.886667, "relative_strength": -17.954623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.684028, "energy": 49.061656, "activity_lines": [ 5.011333, 5.016, 5.318238, 5.622753 ] }, { "date": "2026-08-07", "close": 5.47, "volume": 144184373, "typical_volume": 73444806.85, "trend": 6.049333, "fair_value": 5.877756, "relative_strength": -18.612406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.148191, "energy": 34.110174, "activity_lines": [ 5.173333, 5.085636, 5.310333, 5.581871 ] } ], "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." } } }