{ "ticker": { "uuid": "27bf93f9-2db3-4bc4-aee0-a5f53977b30b", "symbol": "300426", "name": "Zhejiang Huazhi Digital Media 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": -45.247, "architecture_energy": 35.825, "architecture_maturity": 99.699, "architecture_confidence": 81.725, "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": 24.44, "rotation_up": 26.65, "upward_expansion": 17.3, "deceleration": 46.97, "rotation_down": 36.46, "downward_expansion": 64.97 }, "activity_lines": [ 5.606667, 5.511091, 5.964762, 6.458731 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 5.94, "trend_reference": 7.122667, "distance_from_trend": -0.166043, "trend_direction": "Weakening", "fair_value": 9.064231, "distance_from_fair_value": -0.344677, "fair_value_direction": "Weakening", "relative_strength": -29.516125, "relative_strength_direction": "Improving", "price_momentum": -0.310905, "excess_performance": -0.318305, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.166043, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.122716, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.344677, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087126, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.295161, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058375, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.310905, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.631565, "read": "Demand-led" } ], "volume": { "latest": 54305458, "relative_activity": 1.217764, "balance": 1.631565, "dry_up": 1.712858, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.127946, "annualized_volatility": 0.415147, "from_high_reference": -0.514309, "from_low_reference": 0.217213 }, "levels": { "trend_reference": 7.122667, "fair_value_reference": 9.064231, "structural_low": 4.88, "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": 28, "median_return": 0.025126, "positive_rate": 0.607143, "directional_follow_through": 0.357143, "median_excess_return": 0.019888, "regime_survival": 0.75, "best_return": 0.351003, "worst_return": -0.238602, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.088652, "positive_rate": 0.727273, "directional_follow_through": 0.272727, "median_excess_return": 0.001874, "regime_survival": 0.545455, "best_return": 0.23067, "worst_return": -0.220264, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.0, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.002341, "regime_survival": 0.571429, "best_return": 1.367953, "worst_return": -0.299754, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.208712, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.280439, "regime_survival": 0.25, "best_return": 0.59479, "worst_return": -0.396825, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-22", "tenure": "New", "return": -0.107631, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-29", "end": "2024-02-02", "tenure": "Developing", "return": -0.293744, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-09", "end": "2024-09-20", "tenure": "Extended", "return": 0.054734, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": 0.107105, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-17", "tenure": "Established", "return": -0.052876, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-05-30", "tenure": "Established", "return": -0.039918, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-07-25", "tenure": "Developing", "return": 0.06455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.022177, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": -0.068246, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.068063, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.027689, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-02-13", "tenure": "Established", "return": 0.004425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.106257, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.177285, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.86, "volume": 44885487, "typical_volume": 97351047.0, "trend": 10.832, "fair_value": 7.786923, "relative_strength": 34.596071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.316327, "energy": 16.195212, "activity_lines": [ 12.976, 13.697818, 13.632095, 12.464903 ] }, { "date": "2023-08-04", "close": 12.29, "volume": 34503430, "typical_volume": 97446497.35, "trend": 11.011333, "fair_value": 7.809615, "relative_strength": 36.132618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.629527, "energy": 14.735325, "activity_lines": [ 12.578, 13.374182, 13.596476, 12.558968 ] }, { "date": "2023-08-11", "close": 11.85, "volume": 46849160, "typical_volume": 98192242.35, "trend": 11.172333, "fair_value": 7.831859, "relative_strength": 34.728035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.964783, "energy": 15.509033, "activity_lines": [ 12.206667, 12.979818, 13.496762, 12.613075 ] }, { "date": "2023-08-18", "close": 10.7, "volume": 46968900, "typical_volume": 99623317.35, "trend": 11.300667, "fair_value": 7.841603, "relative_strength": 24.345948, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.413774, "energy": 31.857611, "activity_lines": [ 11.618, 12.443818, 13.269095, 12.582602 ] }, { "date": "2023-08-25", "close": 10.49, "volume": 49185950, "typical_volume": 101189413.7, "trend": 11.416667, "fair_value": 7.849808, "relative_strength": 24.445402, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.859367, "energy": 47.243112, "activity_lines": [ 11.149333, 11.965273, 13.009143, 12.530301 ] }, { "date": "2023-09-01", "close": 11.02, "volume": 46532703, "typical_volume": 98642936.55, "trend": 11.546667, "fair_value": 7.857051, "relative_strength": 25.140233, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.080269, "energy": 48.754988, "activity_lines": [ 11.01, 11.664364, 12.788143, 12.50471 ] }, { "date": "2023-09-08", "close": 10.56, "volume": 37444000, "typical_volume": 93559996.3, "trend": 11.658, "fair_value": 7.864231, "relative_strength": 20.856913, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.242039, "energy": 52.518067, "activity_lines": [ 10.773333, 11.334, 12.515095, 12.441054 ] }, { "date": "2023-09-15", "close": 10.11, "volume": 51073620, "typical_volume": 83099410.8, "trend": 11.752667, "fair_value": 7.870833, "relative_strength": 16.287162, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.094141, "energy": 54.339425, "activity_lines": [ 10.502, 11.000545, 12.198476, 12.341183 ] }, { "date": "2023-09-22", "close": 10.4, "volume": 44239500, "typical_volume": 80916125.9, "trend": 11.859667, "fair_value": 7.875192, "relative_strength": 18.009543, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.563377, "energy": 50.643468, "activity_lines": [ 10.443333, 10.796727, 11.93881, 12.253914 ] }, { "date": "2023-09-29", "close": 10.18, "volume": 24142539, "typical_volume": 73152149.9, "trend": 11.961333, "fair_value": 7.884808, "relative_strength": 15.220004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.425066, "energy": 55.245304, "activity_lines": [ 10.331333, 10.610182, 11.688714, 12.145548 ] }, { "date": "2023-10-13", "close": 9.46, "volume": 39738650, "typical_volume": 68487249.25, "trend": 12.011333, "fair_value": 7.887756, "relative_strength": 6.580191, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.208538, "energy": 74.228319, "activity_lines": [ 10.0, 10.34, 11.393714, 11.984172 ] }, { "date": "2023-10-20", "close": 8.79, "volume": 34649455, "typical_volume": 64658683.75, "trend": 12.05, "fair_value": 7.890256, "relative_strength": 3.326731, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.239695, "energy": 85.601321, "activity_lines": [ 9.549333, 9.991636, 11.051048, 11.776344 ] }, { "date": "2023-10-27", "close": 9.05, "volume": 72678137, "typical_volume": 61514454.4, "trend": 12.085667, "fair_value": 7.894423, "relative_strength": 3.301773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.200436, "energy": 81.293273, "activity_lines": [ 9.303333, 9.754182, 10.752238, 11.582796 ] }, { "date": "2023-11-03", "close": 11.35, "volume": 158743375, "typical_volume": 60742662.7, "trend": 12.193333, "fair_value": 7.913205, "relative_strength": 26.748739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.102164, "energy": 46.864907, "activity_lines": [ 9.894667, 9.985818, 10.703476, 11.535333 ] }, { "date": "2023-11-10", "close": 12.26, "volume": 176415165, "typical_volume": 64854499.15, "trend": 12.333, "fair_value": 7.936218, "relative_strength": 33.254211, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.147092, "energy": 18.470957, "activity_lines": [ 10.726, 10.371091, 10.763333, 11.539634 ] }, { "date": "2023-11-17", "close": 12.69, "volume": 132464068, "typical_volume": 67202167.55, "trend": 12.446333, "fair_value": 7.962949, "relative_strength": 35.8215, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.819284, "energy": 18.443726, "activity_lines": [ 11.562, 10.802364, 10.877, 11.562667 ] }, { "date": "2023-11-24", "close": 12.8, "volume": 157327451, "typical_volume": 70370264.3, "trend": 12.526, "fair_value": 7.992692, "relative_strength": 36.882933, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 5.857254, "energy": 27.246552, "activity_lines": [ 12.219333, 11.223273, 11.007381, 11.585484 ] }, { "date": "2023-12-01", "close": 12.45, "volume": 84714591, "typical_volume": 69947037.2, "trend": 12.398667, "fair_value": 8.020256, "relative_strength": 32.850563, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.324775, "energy": 32.116563, "activity_lines": [ 12.492667, 11.539818, 11.114381, 11.580581 ] }, { "date": "2023-12-08", "close": 12.7, "volume": 122301592, "typical_volume": 72234623.0, "trend": 12.261667, "fair_value": 8.047756, "relative_strength": 35.779551, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.894913, "energy": 31.12763, "activity_lines": [ 12.622667, 11.859273, 11.25419, 11.600022 ] }, { "date": "2023-12-15", "close": 12.61, "volume": 83673052, "typical_volume": 74426541.25, "trend": 12.177, "fair_value": 8.075833, "relative_strength": 35.265274, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.610611, "energy": 35.498657, "activity_lines": [ 12.632667, 12.120545, 11.389476, 11.622495 ] }, { "date": "2023-12-22", "close": 11.11, "volume": 59165791, "typical_volume": 75140556.45, "trend": 12.119, "fair_value": 8.098397, "relative_strength": 19.82496, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 7.219307, "energy": 10.991188, "activity_lines": [ 12.119333, 12.064909, 11.382714, 11.553656 ] }, { "date": "2023-12-29", "close": 11.03, "volume": 36992295, "typical_volume": 75264999.7, "trend": 12.06, "fair_value": 8.12, "relative_strength": 13.932431, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.17217, "energy": 13.82571, "activity_lines": [ 11.684667, 11.964727, 11.371905, 11.483398 ] }, { "date": "2024-01-05", "close": 11.15, "volume": 35568232, "typical_volume": 74700953.3, "trend": 11.913, "fair_value": 8.148205, "relative_strength": 18.948136, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.0981, "energy": 19.319229, "activity_lines": [ 11.408, 11.845636, 11.378524, 11.424688 ] }, { "date": "2024-01-12", "close": 10.63, "volume": 36861400, "typical_volume": 74195578.3, "trend": 11.735333, "fair_value": 8.173205, "relative_strength": 13.736529, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.646569, "energy": 27.285903, "activity_lines": [ 11.044667, 11.593818, 11.338952, 11.341914 ] }, { "date": "2024-01-19", "close": 10.22, "volume": 31060400, "typical_volume": 73289300.8, "trend": 11.577333, "fair_value": 8.197821, "relative_strength": 10.834332, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.697802, "energy": 27.107282, "activity_lines": [ 10.682667, 11.280545, 11.260667, 11.244151 ] }, { "date": "2024-01-26", "close": 9.77, "volume": 47405098, "typical_volume": 73332920.55, "trend": 11.436333, "fair_value": 8.218526, "relative_strength": 5.240942, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.592084, "energy": 40.46212, "activity_lines": [ 10.33, 10.922545, 11.14081, 11.127548 ] }, { "date": "2024-02-02", "close": 7.79, "volume": 45668846, "typical_volume": 73744162.85, "trend": 11.199667, "fair_value": 8.230641, "relative_strength": -9.35579, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -82.113624, "energy": 72.305654, "activity_lines": [ 9.406667, 10.257636, 10.838333, 10.892301 ] }, { "date": "2024-02-09", "close": 6.76, "volume": 75176177, "typical_volume": 74949290.7, "trend": 10.947, "fair_value": 8.238974, "relative_strength": -28.38818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.137607, "energy": 84.557662, "activity_lines": [ 8.356, 9.496545, 10.450952, 10.605871 ] }, { "date": "2024-02-23", "close": 8.98, "volume": 91210958, "typical_volume": 77297863.6, "trend": 10.794667, "fair_value": 8.259615, "relative_strength": -8.120029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.058116, "energy": 75.94613, "activity_lines": [ 8.338, 9.242545, 10.290952, 10.478968 ] }, { "date": "2024-03-01", "close": 9.13, "volume": 86181148, "typical_volume": 80399794.05, "trend": 10.673, "fair_value": 8.28, "relative_strength": -10.755362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.956364, "energy": 72.008189, "activity_lines": [ 8.48, 9.083455, 10.152, 10.37157 ] }, { "date": "2024-03-08", "close": 8.72, "volume": 82612146, "typical_volume": 82543468.85, "trend": 10.568333, "fair_value": 8.300641, "relative_strength": -14.650862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.236966, "energy": 54.793438, "activity_lines": [ 8.558, 8.913091, 9.979, 10.24557 ] }, { "date": "2024-03-15", "close": 8.87, "volume": 59504977, "typical_volume": 83786244.95, "trend": 10.454333, "fair_value": 8.312628, "relative_strength": -15.860185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.261779, "energy": 34.387558, "activity_lines": [ 8.756, 8.813455, 9.82381, 10.136 ] }, { "date": "2024-03-22", "close": 10.88, "volume": 142746687, "typical_volume": 87289672.45, "trend": 10.422, "fair_value": 8.339808, "relative_strength": 2.918333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.508224, "energy": 15.702507, "activity_lines": [ 9.552, 9.118545, 9.859667, 10.163462 ] }, { "date": "2024-03-29", "close": 8.96, "volume": 89521446, "typical_volume": 83828576.0, "trend": 10.364, "fair_value": 8.357179, "relative_strength": -14.171785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.27879, "energy": 19.070543, "activity_lines": [ 9.433333, 9.079455, 9.703952, 10.06914 ] }, { "date": "2024-04-05", "close": 8.43, "volume": 29049150, "typical_volume": 76460275.25, "trend": 10.295333, "fair_value": 8.371923, "relative_strength": -20.737098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.383405, "energy": 21.836263, "activity_lines": [ 9.139333, 8.974364, 9.509143, 9.944366 ] }, { "date": "2024-04-12", "close": 8.44, "volume": 35985590, "typical_volume": 71636351.35, "trend": 10.209333, "fair_value": 8.387628, "relative_strength": -18.234499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.773354, "energy": 27.587962, "activity_lines": [ 8.895333, 8.903636, 9.333524, 9.824667 ] }, { "date": "2024-04-19", "close": 7.48, "volume": 40392831, "typical_volume": 65789620.35, "trend": 10.106667, "fair_value": 8.394615, "relative_strength": -28.097792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.703788, "energy": 50.534109, "activity_lines": [ 8.35, 8.682545, 9.086714, 9.648581 ] }, { "date": "2024-04-26", "close": 8.14, "volume": 33847500, "typical_volume": 63246265.8, "trend": 10.041, "fair_value": 8.405577, "relative_strength": -23.374219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.341922, "energy": 51.393032, "activity_lines": [ 8.117333, 8.587091, 8.928095, 9.521699 ] }, { "date": "2024-05-03", "close": 8.73, "volume": 22310754, "typical_volume": 58246723.9, "trend": 9.985333, "fair_value": 8.420641, "relative_strength": -18.878434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.653777, "energy": 43.70468, "activity_lines": [ 8.264, 8.573818, 8.84619, 9.437118 ] }, { "date": "2024-05-10", "close": 8.25, "volume": 35407654, "typical_volume": 55833454.0, "trend": 9.921, "fair_value": 8.432949, "relative_strength": -23.706676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.66638, "energy": 43.16752, "activity_lines": [ 8.266, 8.477818, 8.737476, 9.325161 ] }, { "date": "2024-05-17", "close": 8.2, "volume": 29551200, "typical_volume": 54352724.45, "trend": 9.879, "fair_value": 8.44359, "relative_strength": -23.12198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.787275, "energy": 32.822194, "activity_lines": [ 8.263333, 8.388727, 8.644762, 9.214129 ] }, { "date": "2024-05-24", "close": 7.8, "volume": 26299200, "typical_volume": 53818069.7, "trend": 9.846, "fair_value": 8.452628, "relative_strength": -23.930983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.565437, "energy": 35.985938, "activity_lines": [ 8.143333, 8.236364, 8.52781, 9.08 ] }, { "date": "2024-05-31", "close": 7.89, "volume": 19925300, "typical_volume": 53035923.1, "trend": 9.807333, "fair_value": 8.465641, "relative_strength": -22.123619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.806118, "energy": 43.178209, "activity_lines": [ 8.032, 8.119818, 8.43481, 8.953806 ] }, { "date": "2024-06-07", "close": 7.05, "volume": 31217746, "typical_volume": 52753740.4, "trend": 9.664, "fair_value": 8.473205, "relative_strength": -29.078577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.966681, "energy": 60.880889, "activity_lines": [ 7.657333, 7.904909, 8.277333, 8.775914 ] }, { "date": "2024-06-14", "close": 7.35, "volume": 18931500, "typical_volume": 52147295.4, "trend": 9.500333, "fair_value": 8.477115, "relative_strength": -25.202338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.398096, "energy": 61.36601, "activity_lines": [ 7.494667, 7.779273, 8.165476, 8.626624 ] }, { "date": "2024-06-21", "close": 6.99, "volume": 18246900, "typical_volume": 50689385.5, "trend": 9.310333, "fair_value": 8.483077, "relative_strength": -26.453061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.123553, "energy": 72.154612, "activity_lines": [ 7.272, 7.607818, 8.033, 8.464667 ] }, { "date": "2024-06-28", "close": 6.78, "volume": 31714327, "typical_volume": 49991659.55, "trend": 9.109667, "fair_value": 8.488526, "relative_strength": -26.165923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.302246, "energy": 80.198312, "activity_lines": [ 7.06, 7.424545, 7.893762, 8.301419 ] }, { "date": "2024-07-05", "close": 6.64, "volume": 18621950, "typical_volume": 47163948.2, "trend": 8.916, "fair_value": 8.493141, "relative_strength": -25.725509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.018154, "energy": 79.34518, "activity_lines": [ 6.869333, 7.228545, 7.746, 8.142086 ] }, { "date": "2024-07-12", "close": 6.85, "volume": 25839954, "typical_volume": 43895398.0, "trend": 8.721, "fair_value": 8.498205, "relative_strength": -23.927749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.515681, "energy": 71.007227, "activity_lines": [ 6.832, 7.098, 7.61881, 8.008796 ] }, { "date": "2024-07-19", "close": 6.62, "volume": 50748527, "typical_volume": 42123766.95, "trend": 8.521333, "fair_value": 8.504808, "relative_strength": -26.0864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.916444, "energy": 63.797945, "activity_lines": [ 6.731333, 6.959818, 7.479857, 7.873247 ] }, { "date": "2024-07-26", "close": 6.7, "volume": 24444608, "typical_volume": 39215390.05, "trend": 8.374333, "fair_value": 8.510192, "relative_strength": -21.867533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.998647, "energy": 53.779809, "activity_lines": [ 6.706, 6.865818, 7.360476, 7.755742 ] }, { "date": "2024-08-02", "close": 6.78, "volume": 26732500, "typical_volume": 37576766.2, "trend": 8.232667, "fair_value": 8.516923, "relative_strength": -19.930008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.720005, "energy": 48.535932, "activity_lines": [ 6.726667, 6.813636, 7.258333, 7.652882 ] }, { "date": "2024-08-09", "close": 7.83, "volume": 95454852, "typical_volume": 35212174.45, "trend": 8.122, "fair_value": 8.530705, "relative_strength": -5.519933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.578789, "energy": 25.622938, "activity_lines": [ 7.097333, 6.970909, 7.266143, 7.626903 ] }, { "date": "2024-08-16", "close": 7.76, "volume": 78226480, "typical_volume": 34647426.15, "trend": 8.026333, "fair_value": 8.544295, "relative_strength": -5.570981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.217976, "energy": 17.358947, "activity_lines": [ 7.365333, 7.116545, 7.28181, 7.603548 ] }, { "date": "2024-08-23", "close": 6.79, "volume": 42847970, "typical_volume": 35337367.15, "trend": 7.912, "fair_value": 8.551603, "relative_strength": -15.237262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.989018, "energy": 21.664163, "activity_lines": [ 7.249333, 7.072909, 7.21081, 7.523785 ] }, { "date": "2024-08-30", "close": 6.98, "volume": 31309700, "typical_volume": 35103572.65, "trend": 7.819, "fair_value": 8.559231, "relative_strength": -14.288986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.957984, "energy": 19.383813, "activity_lines": [ 7.185333, 7.074, 7.165714, 7.463656 ] }, { "date": "2024-09-06", "close": 6.67, "volume": 22249300, "typical_volume": 34196396.1, "trend": 7.781667, "fair_value": 8.564231, "relative_strength": -15.544331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.292661, "energy": 27.689263, "activity_lines": [ 6.999333, 7.018909, 7.098048, 7.389527 ] }, { "date": "2024-09-13", "close": 6.94, "volume": 30298551, "typical_volume": 34018948.65, "trend": 7.787667, "fair_value": 8.569551, "relative_strength": -10.178155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.14672, "energy": 30.934304, "activity_lines": [ 6.910667, 7.014909, 7.059952, 7.335226 ] }, { "date": "2024-09-20", "close": 7.13, "volume": 29937660, "typical_volume": 34400293.95, "trend": 7.726, "fair_value": 8.576218, "relative_strength": -8.503754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.986841, "energy": 26.965964, "activity_lines": [ 6.944667, 7.04, 7.045667, 7.292796 ] }, { "date": "2024-09-27", "close": 9.43, "volume": 80869145, "typical_volume": 36673368.5, "trend": 7.736, "fair_value": 8.595192, "relative_strength": 2.711901, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.772485, "energy": 30.287126, "activity_lines": [ 7.787333, 7.478182, 7.258048, 7.402731 ] }, { "date": "2024-10-04", "close": 10.59, "volume": 34599127, "typical_volume": 36925764.85, "trend": 7.798333, "fair_value": 8.619359, "relative_strength": 4.262382, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.089572, "energy": 67.250191, "activity_lines": [ 8.840667, 8.076182, 7.575286, 7.58686 ] }, { "date": "2024-10-11", "close": 8.9, "volume": 83839081, "typical_volume": 39802758.9, "trend": 7.799333, "fair_value": 8.631795, "relative_strength": -8.067135, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.279607, "energy": 59.782797, "activity_lines": [ 9.09, 8.296182, 7.72019, 7.657935 ] }, { "date": "2024-10-18", "close": 10.44, "volume": 88956592, "typical_volume": 43254323.5, "trend": 7.784667, "fair_value": 8.655897, "relative_strength": 4.605808, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.338267, "energy": 81.96072, "activity_lines": [ 9.704, 8.757636, 8.006524, 7.828301 ] }, { "date": "2024-10-25", "close": 10.78, "volume": 77113024, "typical_volume": 45549087.4, "trend": 7.845333, "fair_value": 8.682949, "relative_strength": 5.143279, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.476719, "energy": 81.574371, "activity_lines": [ 10.198, 9.233455, 8.313095, 8.021548 ] }, { "date": "2024-11-01", "close": 9.07, "volume": 84965867, "typical_volume": 48850805.75, "trend": 7.866667, "fair_value": 8.701154, "relative_strength": -10.039461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.282422, "energy": 47.123205, "activity_lines": [ 9.878667, 9.343455, 8.439048, 8.100559 ] }, { "date": "2024-11-08", "close": 9.91, "volume": 61865299, "typical_volume": 51031725.7, "trend": 7.915667, "fair_value": 8.724167, "relative_strength": -7.439608, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.850244, "energy": 46.54096, "activity_lines": [ 9.863333, 9.564727, 8.63681, 8.232387 ] }, { "date": "2024-11-15", "close": 9.55, "volume": 60100141, "typical_volume": 52451016.4, "trend": 7.984667, "fair_value": 8.746026, "relative_strength": -6.741062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.978044, "energy": 39.059124, "activity_lines": [ 9.773333, 9.667273, 8.786381, 8.337828 ] }, { "date": "2024-11-22", "close": 10.15, "volume": 116787472, "typical_volume": 57359292.5, "trend": 8.051667, "fair_value": 8.768974, "relative_strength": 2.684299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.591494, "energy": 35.260495, "activity_lines": [ 9.84, 9.826545, 8.979905, 8.477527 ] }, { "date": "2024-11-29", "close": 10.52, "volume": 100055804, "typical_volume": 61070085.0, "trend": 8.111333, "fair_value": 8.791282, "relative_strength": 5.354665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.751468, "energy": 39.112086, "activity_lines": [ 10.049333, 9.994727, 9.191952, 8.636774 ] }, { "date": "2024-12-06", "close": 10.77, "volume": 99219701, "typical_volume": 63493643.7, "trend": 8.195333, "fair_value": 8.818077, "relative_strength": 6.679551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.207764, "energy": 40.410857, "activity_lines": [ 10.359333, 10.146727, 9.410333, 8.808301 ] }, { "date": "2024-12-13", "close": 12.0, "volume": 121005141, "typical_volume": 68321670.35, "trend": 8.322, "fair_value": 8.851538, "relative_strength": 20.248452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.083261, "energy": 53.503359, "activity_lines": [ 10.966, 10.498, 9.726095, 9.053763 ] }, { "date": "2024-12-20", "close": 11.78, "volume": 145804756, "typical_volume": 74275283.15, "trend": 8.454667, "fair_value": 8.884167, "relative_strength": 19.365014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.984655, "energy": 53.276741, "activity_lines": [ 11.36, 10.783636, 9.995667, 9.27686 ] }, { "date": "2024-12-27", "close": 10.46, "volume": 70735517, "typical_volume": 73039316.4, "trend": 8.540333, "fair_value": 8.90641, "relative_strength": 6.350104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.126237, "energy": 42.422495, "activity_lines": [ 11.165333, 10.776909, 10.115714, 9.406237 ] }, { "date": "2025-01-03", "close": 8.79, "volume": 32829400, "typical_volume": 70769462.4, "trend": 8.598333, "fair_value": 8.918333, "relative_strength": -3.196122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.236339, "energy": 22.102762, "activity_lines": [ 10.393333, 10.466182, 10.06419, 9.422344 ] }, { "date": "2025-01-10", "close": 9.58, "volume": 46633450, "typical_volume": 70958736.4, "trend": 8.672667, "fair_value": 8.926282, "relative_strength": 7.144312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.686646, "energy": 16.925988, "activity_lines": [ 10.0, 10.335273, 10.083, 9.485677 ] }, { "date": "2025-01-17", "close": 10.21, "volume": 58592822, "typical_volume": 72322892.5, "trend": 8.78, "fair_value": 8.9375, "relative_strength": 10.495917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.76059, "energy": 19.369824, "activity_lines": [ 9.896, 10.309636, 10.148524, 9.58486 ] }, { "date": "2025-01-24", "close": 9.77, "volume": 38885641, "typical_volume": 73154709.55, "trend": 8.879667, "fair_value": 8.948846, "relative_strength": 4.858413, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.388387, "energy": 18.445914, "activity_lines": [ 9.764667, 10.198545, 10.156762, 9.648731 ] }, { "date": "2025-01-31", "close": 9.71, "volume": 5651800, "typical_volume": 71922372.0, "trend": 8.982, "fair_value": 8.956026, "relative_strength": 5.974546, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.951033, "energy": 10.961202, "activity_lines": [ 9.747333, 10.072545, 10.144524, 9.702301 ] }, { "date": "2025-02-07", "close": 10.07, "volume": 24554435, "typical_volume": 71653210.75, "trend": 9.089333, "fair_value": 8.964808, "relative_strength": 5.573175, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.491659, "energy": 8.286242, "activity_lines": [ 9.9, 10.02, 10.153381, 9.772495 ] }, { "date": "2025-02-14", "close": 11.26, "volume": 108111206, "typical_volume": 73015313.8, "trend": 9.244, "fair_value": 8.982949, "relative_strength": 15.452124, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.910646, "energy": 21.895487, "activity_lines": [ 10.364, 10.192, 10.261571, 9.912538 ] }, { "date": "2025-02-21", "close": 10.24, "volume": 75200497, "typical_volume": 75045382.3, "trend": 9.362, "fair_value": 8.989103, "relative_strength": 2.810424, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.412533, "energy": 18.440003, "activity_lines": [ 10.376, 10.169636, 10.263905, 9.976796 ] }, { "date": "2025-02-28", "close": 9.59, "volume": 64453525, "typical_volume": 74076104.5, "trend": 9.455667, "fair_value": 8.995449, "relative_strength": -0.130886, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.679356, "energy": 12.965795, "activity_lines": [ 10.169333, 10.061091, 10.206, 9.991505 ] }, { "date": "2025-03-07", "close": 10.14, "volume": 47137350, "typical_volume": 71985142.4, "trend": 9.532667, "fair_value": 9.0075, "relative_strength": 3.323134, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.595102, "energy": 14.03941, "activity_lines": [ 10.158, 10.092364, 10.19719, 10.035656 ] }, { "date": "2025-03-14", "close": 10.5, "volume": 49791310, "typical_volume": 70619056.7, "trend": 9.624, "fair_value": 9.02, "relative_strength": 5.604316, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.402395, "energy": 12.665431, "activity_lines": [ 10.238, 10.194909, 10.224095, 10.098065 ] }, { "date": "2025-03-21", "close": 10.09, "volume": 35381434, "typical_volume": 68139835.05, "trend": 9.734, "fair_value": 9.030833, "relative_strength": 4.671129, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.013853, "energy": 7.136347, "activity_lines": [ 10.152667, 10.191818, 10.213286, 10.128129 ] }, { "date": "2025-03-28", "close": 11.16, "volume": 79150689, "typical_volume": 69004104.55, "trend": 9.873333, "fair_value": 9.048397, "relative_strength": 16.400888, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.188513, "energy": 29.755754, "activity_lines": [ 10.502, 10.374, 10.299524, 10.220129 ] }, { "date": "2025-04-04", "close": 11.28, "volume": 62798497, "typical_volume": 69139022.35, "trend": 10.027, "fair_value": 9.071218, "relative_strength": 19.871876, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.242614, "energy": 44.233576, "activity_lines": [ 10.83, 10.560727, 10.391238, 10.310882 ] }, { "date": "2025-04-11", "close": 10.16, "volume": 96327327, "typical_volume": 68116015.1, "trend": 10.134333, "fair_value": 9.090641, "relative_strength": 13.517588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.957245, "energy": 30.931581, "activity_lines": [ 10.672, 10.516364, 10.368048, 10.319462 ] }, { "date": "2025-04-18", "close": 9.91, "volume": 40112051, "typical_volume": 65118827.45, "trend": 10.227, "fair_value": 9.103333, "relative_strength": 10.837, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.250336, "energy": 18.626796, "activity_lines": [ 10.429333, 10.418364, 10.321, 10.304989 ] }, { "date": "2025-04-25", "close": 10.2, "volume": 47475042, "typical_volume": 62531594.5, "trend": 10.252667, "fair_value": 9.1175, "relative_strength": 12.125488, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.646193, "energy": 9.036999, "activity_lines": [ 10.322667, 10.376, 10.304476, 10.303247 ] }, { "date": "2025-05-02", "close": 9.91, "volume": 20006117, "typical_volume": 57481643.3, "trend": 10.23, "fair_value": 9.129295, "relative_strength": 8.92081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.103177, "energy": 12.286255, "activity_lines": [ 10.112, 10.300182, 10.263048, 10.28114 ] }, { "date": "2025-05-09", "close": 10.04, "volume": 69246938, "typical_volume": 53653752.4, "trend": 10.268, "fair_value": 9.144679, "relative_strength": 7.552703, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.607175, "energy": 10.893594, "activity_lines": [ 10.028, 10.254, 10.243952, 10.268882 ] }, { "date": "2025-05-16", "close": 9.71, "volume": 36764503, "typical_volume": 51955201.7, "trend": 10.243667, "fair_value": 9.161603, "relative_strength": 3.242915, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.918852, "energy": 34.286241, "activity_lines": [ 9.916667, 10.139636, 10.201714, 10.232882 ] }, { "date": "2025-05-23", "close": 9.45, "volume": 30131850, "typical_volume": 51820324.2, "trend": 10.199333, "fair_value": 9.178782, "relative_strength": 0.726187, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.721325, "energy": 44.194589, "activity_lines": [ 9.748667, 9.985818, 10.138286, 10.181677 ] }, { "date": "2025-05-30", "close": 9.38, "volume": 21383853, "typical_volume": 50557844.35, "trend": 10.209667, "fair_value": 9.197821, "relative_strength": 0.702287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.890486, "energy": 46.729723, "activity_lines": [ 9.588, 9.838364, 10.065048, 10.128817 ] }, { "date": "2025-06-06", "close": 9.45, "volume": 16110850, "typical_volume": 48433745.75, "trend": 10.194333, "fair_value": 9.216731, "relative_strength": -0.315088, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.480239, "energy": 49.876876, "activity_lines": [ 9.505333, 9.716545, 9.999429, 10.079806 ] }, { "date": "2025-06-13", "close": 9.54, "volume": 40523755, "typical_volume": 48515651.45, "trend": 10.194, "fair_value": 9.235321, "relative_strength": 0.937819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.610082, "energy": 45.77523, "activity_lines": [ 9.483333, 9.642182, 9.946, 10.037591 ] }, { "date": "2025-06-20", "close": 9.39, "volume": 35999450, "typical_volume": 50033033.95, "trend": 10.168667, "fair_value": 9.252308, "relative_strength": 0.167978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.895522, "energy": 41.587149, "activity_lines": [ 9.444667, 9.572182, 9.879381, 9.98572 ] }, { "date": "2025-06-27", "close": 9.52, "volume": 46453660, "typical_volume": 51127995.2, "trend": 10.135333, "fair_value": 9.267628, "relative_strength": -2.402759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.002177, "energy": 31.892659, "activity_lines": [ 9.470667, 9.539818, 9.826667, 9.943871 ] }, { "date": "2025-07-04", "close": 9.49, "volume": 29632600, "typical_volume": 47204064.9, "trend": 10.092667, "fair_value": 9.283205, "relative_strength": -4.189167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.011764, "energy": 28.197232, "activity_lines": [ 9.482, 9.509091, 9.773714, 9.902237 ] }, { "date": "2025-07-11", "close": 9.82, "volume": 32762720, "typical_volume": 45082176.05, "trend": 10.02, "fair_value": 9.300833, "relative_strength": -2.880162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.829362, "energy": 21.409759, "activity_lines": [ 9.596, 9.551273, 9.760619, 9.884645 ] }, { "date": "2025-07-18", "close": 9.73, "volume": 26357300, "typical_volume": 43177364.8, "trend": 9.951667, "fair_value": 9.317051, "relative_strength": -5.973179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.824849, "energy": 16.485822, "activity_lines": [ 9.655333, 9.578727, 9.740952, 9.865935 ] }, { "date": "2025-07-25", "close": 10.06, "volume": 38928596, "typical_volume": 42766927.1, "trend": 9.938333, "fair_value": 9.3325, "relative_strength": -5.231248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.668708, "energy": 14.01332, "activity_lines": [ 9.812, 9.671818, 9.752048, 9.872925 ] }, { "date": "2025-08-01", "close": 9.92, "volume": 63278450, "typical_volume": 43441284.1, "trend": 9.976, "fair_value": 9.347885, "relative_strength": -5.257371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.446717, "energy": 15.87966, "activity_lines": [ 9.877333, 9.733091, 9.75019, 9.871742 ] }, { "date": "2025-08-08", "close": 9.7, "volume": 61064594, "typical_volume": 44725442.1, "trend": 9.98, "fair_value": 9.36359, "relative_strength": -8.388675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.370367, "energy": 12.98058, "activity_lines": [ 9.842667, 9.745818, 9.730143, 9.853935 ] }, { "date": "2025-08-15", "close": 9.64, "volume": 35299989, "typical_volume": 42532907.1, "trend": 9.961, "fair_value": 9.377885, "relative_strength": -12.737154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.046427, "energy": 12.399233, "activity_lines": [ 9.774, 9.741818, 9.706238, 9.832 ] }, { "date": "2025-08-22", "close": 10.73, "volume": 227121455, "typical_volume": 50749055.0, "trend": 9.993, "fair_value": 9.402949, "relative_strength": -7.210613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.618928, "energy": 25.979392, "activity_lines": [ 10.080667, 9.932545, 9.793381, 9.881613 ] }, { "date": "2025-08-29", "close": 10.14, "volume": 99044083, "typical_volume": 50884892.8, "trend": 10.007333, "fair_value": 9.424487, "relative_strength": -15.910207, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.463935, "energy": 22.385719, "activity_lines": [ 10.124, 9.994364, 9.826952, 9.891097 ] }, { "date": "2025-09-05", "close": 10.55, "volume": 74618810, "typical_volume": 52610230.75, "trend": 10.023333, "fair_value": 9.448205, "relative_strength": -11.8078, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.520598, "energy": 36.695319, "activity_lines": [ 10.298667, 10.117091, 9.899667, 9.926108 ] }, { "date": "2025-09-12", "close": 10.89, "volume": 103679378, "typical_volume": 55420447.55, "trend": 10.011, "fair_value": 9.473718, "relative_strength": -11.267263, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.035182, "energy": 54.005329, "activity_lines": [ 10.544667, 10.282909, 10.001714, 9.982022 ] }, { "date": "2025-09-19", "close": 10.65, "volume": 73186276, "typical_volume": 58079455.5, "trend": 10.024667, "fair_value": 9.495641, "relative_strength": -14.078333, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.794367, "energy": 45.269887, "activity_lines": [ 10.631333, 10.379636, 10.077619, 10.023247 ] }, { "date": "2025-09-26", "close": 9.94, "volume": 49295547, "typical_volume": 57081885.95, "trend": 10.036333, "fair_value": 9.512692, "relative_strength": -20.259328, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.846929, "energy": 28.020629, "activity_lines": [ 10.414, 10.332182, 10.082381, 10.017785 ] }, { "date": "2025-10-03", "close": 9.83, "volume": 15093400, "typical_volume": 55998330.8, "trend": 10.026, "fair_value": 9.532756, "relative_strength": -22.552498, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 3.174077, "energy": 7.526939, "activity_lines": [ 10.212667, 10.260909, 10.077143, 10.004473 ] }, { "date": "2025-10-10", "close": 9.55, "volume": 15267450, "typical_volume": 55255110.8, "trend": 9.994333, "fair_value": 9.551859, "relative_strength": -23.528907, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.945414, "energy": 14.95418, "activity_lines": [ 9.938667, 10.142909, 10.044667, 9.973763 ] }, { "date": "2025-10-17", "close": 8.9, "volume": 31044598, "typical_volume": 55738148.05, "trend": 9.954667, "fair_value": 9.570577, "relative_strength": -24.51463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.761195, "energy": 41.925894, "activity_lines": [ 9.514667, 9.913455, 9.94981, 9.903161 ] }, { "date": "2025-10-24", "close": 9.39, "volume": 28659086, "typical_volume": 56365559.85, "trend": 9.895667, "fair_value": 9.59359, "relative_strength": -23.46726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.368013, "energy": 37.630954, "activity_lines": [ 9.386667, 9.787636, 9.903905, 9.866731 ] }, { "date": "2025-10-31", "close": 9.25, "volume": 49666850, "typical_volume": 56822714.6, "trend": 9.828, "fair_value": 9.615513, "relative_strength": -24.834391, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.492106, "energy": 46.620882, "activity_lines": [ 9.296, 9.640909, 9.844952, 9.825075 ] }, { "date": "2025-11-07", "close": 9.13, "volume": 43089000, "typical_volume": 57177192.1, "trend": 9.793667, "fair_value": 9.637564, "relative_strength": -25.631187, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.32437, "energy": 58.823952, "activity_lines": [ 9.211333, 9.499273, 9.775952, 9.780043 ] }, { "date": "2025-11-14", "close": 9.04, "volume": 26031042, "typical_volume": 56156061.2, "trend": 9.764667, "fair_value": 9.659615, "relative_strength": -24.994678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.896136, "energy": 47.579691, "activity_lines": [ 9.143333, 9.359636, 9.699619, 9.731419 ] }, { "date": "2025-11-21", "close": 8.61, "volume": 29792642, "typical_volume": 56164063.3, "trend": 9.711667, "fair_value": 9.676538, "relative_strength": -24.243328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.55941, "energy": 65.897816, "activity_lines": [ 8.966, 9.169273, 9.584619, 9.656925 ] }, { "date": "2025-11-28", "close": 8.82, "volume": 36548322, "typical_volume": 56353343.4, "trend": 9.675333, "fair_value": 9.692692, "relative_strength": -24.56192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.754997, "energy": 65.331059, "activity_lines": [ 8.878, 9.058545, 9.49381, 9.599398 ] }, { "date": "2025-12-05", "close": 8.14, "volume": 33100006, "typical_volume": 56690478.7, "trend": 9.612, "fair_value": 9.704231, "relative_strength": -30.68342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.841175, "energy": 76.649875, "activity_lines": [ 8.601333, 8.857455, 9.343, 9.500344 ] }, { "date": "2025-12-12", "close": 8.33, "volume": 31977350, "typical_volume": 56342916.4, "trend": 9.566, "fair_value": 9.718974, "relative_strength": -28.904584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.951071, "energy": 76.045543, "activity_lines": [ 8.462, 8.723636, 9.217857, 9.417634 ] }, { "date": "2025-12-19", "close": 8.14, "volume": 25310700, "typical_volume": 54444528.9, "trend": 9.522333, "fair_value": 9.727949, "relative_strength": -29.150885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.047408, "energy": 76.616215, "activity_lines": [ 8.312667, 8.582545, 9.082857, 9.325634 ] }, { "date": "2025-12-26", "close": 7.99, "volume": 27503179, "typical_volume": 52766458.15, "trend": 9.476, "fair_value": 9.737051, "relative_strength": -32.23975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.609684, "energy": 80.319708, "activity_lines": [ 8.173333, 8.439818, 8.942048, 9.226774 ] }, { "date": "2026-01-02", "close": 7.72, "volume": 19417097, "typical_volume": 51972313.55, "trend": 9.418333, "fair_value": 9.74391, "relative_strength": -33.680799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.601482, "energy": 80.943866, "activity_lines": [ 7.985333, 8.264545, 8.783667, 9.113484 ] }, { "date": "2026-01-09", "close": 8.5, "volume": 52450716, "typical_volume": 43238776.6, "trend": 9.383667, "fair_value": 9.756026, "relative_strength": -29.465219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.419279, "energy": 52.667841, "activity_lines": [ 8.130667, 8.261455, 8.708714, 9.054237 ] }, { "date": "2026-01-16", "close": 8.18, "volume": 129410121, "typical_volume": 44757078.5, "trend": 9.343333, "fair_value": 9.764167, "relative_strength": -32.22582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.288502, "energy": 44.888085, "activity_lines": [ 8.145333, 8.213818, 8.613905, 8.976581 ] }, { "date": "2026-01-23", "close": 8.64, "volume": 53187600, "typical_volume": 43685518.0, "trend": 9.314, "fair_value": 9.774551, "relative_strength": -28.630938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.152651, "energy": 31.139729, "activity_lines": [ 8.323333, 8.267091, 8.572238, 8.931204 ] }, { "date": "2026-01-30", "close": 8.62, "volume": 56461800, "typical_volume": 41324639.1, "trend": 9.285, "fair_value": 9.785897, "relative_strength": -27.039875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.003416, "energy": 21.050704, "activity_lines": [ 8.461333, 8.324, 8.537762, 8.88643 ] }, { "date": "2026-02-06", "close": 9.06, "volume": 72462522, "typical_volume": 41288451.4, "trend": 9.259667, "fair_value": 9.799038, "relative_strength": -21.117648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.567832, "energy": 17.612869, "activity_lines": [ 8.704, 8.460727, 8.556, 8.871914 ] }, { "date": "2026-02-13", "close": 9.08, "volume": 184449935, "typical_volume": 48046170.8, "trend": 9.238, "fair_value": 9.811603, "relative_strength": -21.288614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.638973, "energy": 13.274762, "activity_lines": [ 8.864, 8.596727, 8.583714, 8.860323 ] }, { "date": "2026-02-27", "close": 8.47, "volume": 47748600, "typical_volume": 49678930.8, "trend": 9.185, "fair_value": 9.819615, "relative_strength": -27.988948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.161085, "energy": 14.472603, "activity_lines": [ 8.782, 8.604727, 8.557429, 8.810774 ] }, { "date": "2026-03-06", "close": 8.18, "volume": 40088930, "typical_volume": 50920004.8, "trend": 9.127, "fair_value": 9.825449, "relative_strength": -28.31736, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.924661, "energy": 14.075394, "activity_lines": [ 8.584, 8.557455, 8.51, 8.745935 ] }, { "date": "2026-03-13", "close": 8.56, "volume": 50351863, "typical_volume": 51885368.05, "trend": 9.089, "fair_value": 9.834231, "relative_strength": -24.953737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.176716, "energy": 14.812092, "activity_lines": [ 8.543333, 8.578545, 8.505286, 8.709355 ] }, { "date": "2026-03-20", "close": 8.03, "volume": 30650700, "typical_volume": 51984948.75, "trend": 9.035333, "fair_value": 9.84, "relative_strength": -26.830703, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.092029, "energy": 28.927429, "activity_lines": [ 8.33, 8.492909, 8.451714, 8.641032 ] }, { "date": "2026-03-27", "close": 7.57, "volume": 45001250, "typical_volume": 51751668.75, "trend": 8.93, "fair_value": 9.8375, "relative_strength": -29.819929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.232752, "energy": 51.801498, "activity_lines": [ 8.032, 8.318, 8.36081, 8.546495 ] }, { "date": "2026-04-03", "close": 7.22, "volume": 53837557, "typical_volume": 52289096.6, "trend": 8.832667, "fair_value": 9.834872, "relative_strength": -30.145769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.140616, "energy": 62.182164, "activity_lines": [ 7.718, 8.096364, 8.244571, 8.436172 ] }, { "date": "2026-04-10", "close": 7.41, "volume": 29399500, "typical_volume": 52457519.5, "trend": 8.728, "fair_value": 9.831218, "relative_strength": -32.138432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.096129, "energy": 63.844775, "activity_lines": [ 7.550667, 7.926727, 8.155524, 8.344387 ] }, { "date": "2026-04-17", "close": 7.59, "volume": 36060204, "typical_volume": 52770897.6, "trend": 8.618, "fair_value": 9.827821, "relative_strength": -32.286627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.298831, "energy": 60.512095, "activity_lines": [ 7.494667, 7.812182, 8.091381, 8.270968 ] }, { "date": "2026-04-24", "close": 7.4, "volume": 29298779, "typical_volume": 52408420.45, "trend": 8.509667, "fair_value": 9.823526, "relative_strength": -33.342712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.362323, "energy": 57.907935, "activity_lines": [ 7.44, 7.681818, 8.014, 8.192387 ] }, { "date": "2026-05-01", "close": 7.5, "volume": 26290300, "typical_volume": 52067935.15, "trend": 8.428333, "fair_value": 9.812051, "relative_strength": -32.256977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.961902, "energy": 42.382176, "activity_lines": [ 7.460667, 7.599818, 7.952905, 8.127247 ] }, { "date": "2026-05-08", "close": 7.27, "volume": 36508500, "typical_volume": 52294492.65, "trend": 8.343, "fair_value": 9.791923, "relative_strength": -35.353644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.607146, "energy": 39.309879, "activity_lines": [ 7.409333, 7.504727, 7.872952, 8.052516 ] }, { "date": "2026-05-15", "close": 7.46, "volume": 64616985, "typical_volume": 54259806.9, "trend": 8.273333, "fair_value": 9.735449, "relative_strength": -32.737133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.556287, "energy": 34.554236, "activity_lines": [ 7.418, 7.466, 7.816143, 7.995548 ] }, { "date": "2026-05-22", "close": 7.08, "volume": 58428143, "typical_volume": 55806055.1, "trend": 8.212667, "fair_value": 9.673077, "relative_strength": -35.439544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.399436, "energy": 40.04717, "activity_lines": [ 7.296667, 7.371273, 7.726381, 7.918559 ] }, { "date": "2026-05-29", "close": 6.58, "volume": 46808735, "typical_volume": 57175637.0, "trend": 8.119, "fair_value": 9.618141, "relative_strength": -39.063167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.625133, "energy": 58.389451, "activity_lines": [ 7.042667, 7.212545, 7.593333, 7.813226 ] }, { "date": "2026-06-05", "close": 6.08, "volume": 5655450, "typical_volume": 54835873.7, "trend": 8.013333, "fair_value": 9.574744, "relative_strength": -41.869921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.942918, "energy": 75.517682, "activity_lines": [ 6.676667, 6.989273, 7.418095, 7.681677 ] }, { "date": "2026-06-12", "close": 5.7, "volume": 11565900, "typical_volume": 48943662.65, "trend": 7.899, "fair_value": 9.529231, "relative_strength": -43.351077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.043514, "energy": 87.031981, "activity_lines": [ 6.278667, 6.724, 7.21819, 7.53243 ] }, { "date": "2026-06-19", "close": 5.48, "volume": 30522430, "typical_volume": 47810404.15, "trend": 7.780333, "fair_value": 9.464615, "relative_strength": -48.275009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.486324, "energy": 90.619871, "activity_lines": [ 5.912, 6.446364, 7.009143, 7.376366 ] }, { "date": "2026-06-26", "close": 5.01, "volume": 11569700, "typical_volume": 45565799.15, "trend": 7.660333, "fair_value": 9.394423, "relative_strength": -51.08269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.710568, "energy": 93.717154, "activity_lines": [ 5.520667, 6.118364, 6.770381, 7.197634 ] }, { "date": "2026-07-03", "close": 5.18, "volume": 10485100, "typical_volume": 42466928.05, "trend": 7.539, "fair_value": 9.331731, "relative_strength": -47.920768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.208844, "energy": 90.371322, "activity_lines": [ 5.324, 5.868182, 6.565, 7.037613 ] }, { "date": "2026-07-10", "close": 5.59, "volume": 90303772, "typical_volume": 37759619.9, "trend": 7.454, "fair_value": 9.277821, "relative_strength": -40.792118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.519182, "energy": 84.554891, "activity_lines": [ 5.357333, 5.732909, 6.417143, 6.911871 ] }, { "date": "2026-07-17", "close": 5.69, "volume": 106662800, "typical_volume": 40705329.9, "trend": 7.366, "fair_value": 9.218846, "relative_strength": -32.806288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.33481, "energy": 59.759833, "activity_lines": [ 5.456667, 5.650545, 6.295429, 6.798065 ] }, { "date": "2026-07-24", "close": 5.01, "volume": 76937797, "typical_volume": 42547773.25, "trend": 7.261667, "fair_value": 9.159038, "relative_strength": -40.144249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.575688, "energy": 59.808573, "activity_lines": [ 5.33, 5.473273, 6.12219, 6.646065 ] }, { "date": "2026-07-31", "close": 5.6, "volume": 67629400, "typical_volume": 43411650.1, "trend": 7.182, "fair_value": 9.108077, "relative_strength": -31.065435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.806189, "energy": 46.827356, "activity_lines": [ 5.431333, 5.447818, 6.020238, 6.53886 ] }, { "date": "2026-08-07", "close": 5.94, "volume": 54305458, "typical_volume": 44594388.0, "trend": 7.122667, "fair_value": 9.064231, "relative_strength": -29.516125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.247092, "energy": 35.824741, "activity_lines": [ 5.606667, 5.511091, 5.964762, 6.458731 ] } ], "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." } } }