{ "ticker": { "uuid": "3b1caa76-a53b-4b8c-bbc4-9a808e8201d0", "symbol": "002252", "name": "Shanghai RAAS Blood Products 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": -32.673, "architecture_energy": 28.06, "architecture_maturity": 100.0, "architecture_confidence": 75.453, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 38.55, "rotation_up": 33.84, "upward_expansion": 20.53, "deceleration": 47.0, "rotation_down": 22.6, "downward_expansion": 56.86 }, "activity_lines": [ 5.041333, 4.894758, 5.022498, 5.243429 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 5.04, "trend_reference": 5.559442, "distance_from_trend": -0.093434, "trend_direction": "Weakening", "fair_value": 6.744025, "distance_from_fair_value": -0.252672, "fair_value_direction": "Weakening", "relative_strength": -20.035352, "relative_strength_direction": "Improving", "price_momentum": -0.198062, "excess_performance": -0.205461, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.093434, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.093962, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.252672, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.069028, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.200354, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.104893, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.198062, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.529536, "read": "Supply-led" } ], "volume": { "latest": 293791093, "relative_activity": 1.545275, "balance": 0.529536, "dry_up": 1.98162, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.068282, "annualized_volatility": 0.270308, "from_high_reference": -0.304103, "from_low_reference": 0.169374 }, "levels": { "trend_reference": 5.559442, "fair_value_reference": 6.744025, "structural_low": 4.31, "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": 30, "median_return": -0.016615, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.016408, "regime_survival": 0.866667, "best_return": 0.155452, "worst_return": -0.182484, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.047765, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.037523, "regime_survival": 0.6, "best_return": 0.187617, "worst_return": -0.116876, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.077778, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.025973, "regime_survival": 0.2, "best_return": 0.247655, "worst_return": -0.159734, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.073179, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.000158, "regime_survival": 0.333333, "best_return": 0.232268, "worst_return": -0.189253, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.053701, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-08", "end": "2024-06-21", "tenure": "Established", "return": 0.090294, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": -0.02046, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-23", "tenure": "Developing", "return": -0.066835, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.029289, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-10-04", "tenure": "New", "return": 0.210312, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2025-01-10", "tenure": "Established", "return": -0.067227, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-06-06", "tenure": "Established", "return": 0.02489, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": 0.007708, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": -0.00578, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": -0.023358, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": 0.011765, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.034935, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-08-07", "tenure": "Extended", "return": -0.237977, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.249739, "volume": 161516780, "typical_volume": 219597793.3, "trend": 6.540837, "fair_value": 6.764183, "relative_strength": 21.53454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.740242, "energy": 48.860192, "activity_lines": [ 7.317941, 7.27485, 6.982011, 6.774898 ] }, { "date": "2023-08-04", "close": 7.249739, "volume": 255311899, "typical_volume": 222607520.45, "trend": 6.575496, "fair_value": 6.751546, "relative_strength": 19.329391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.73488, "energy": 43.773769, "activity_lines": [ 7.293021, 7.29233, 7.030551, 6.820633 ] }, { "date": "2023-08-11", "close": 7.151371, "volume": 175458563, "typical_volume": 221194096.2, "trend": 6.607203, "fair_value": 6.739649, "relative_strength": 21.515812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.572564, "energy": 34.203359, "activity_lines": [ 7.244493, 7.280856, 7.064119, 6.857787 ] }, { "date": "2023-08-18", "close": 6.954634, "volume": 114890788, "typical_volume": 216634584.25, "trend": 6.631045, "fair_value": 6.719888, "relative_strength": 21.202244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.529516, "energy": 22.64189, "activity_lines": [ 7.136288, 7.221838, 7.073954, 6.880202 ] }, { "date": "2023-08-25", "close": 6.866103, "volume": 108565217, "typical_volume": 212186328.65, "trend": 6.651284, "fair_value": 6.702612, "relative_strength": 22.624382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.796411, "energy": 20.627299, "activity_lines": [ 7.023492, 7.146363, 7.072232, 6.895367 ] }, { "date": "2023-09-01", "close": 6.984145, "volume": 154131899, "typical_volume": 209163748.85, "trend": 6.679375, "fair_value": 6.688709, "relative_strength": 19.85698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.472355, "energy": 20.791315, "activity_lines": [ 6.986768, 7.101829, 7.079326, 6.916842 ] }, { "date": "2023-09-08", "close": 6.698876, "volume": 114472451, "typical_volume": 206530290.8, "trend": 6.698611, "fair_value": 6.673288, "relative_strength": 16.260529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.167155, "energy": 19.142713, "activity_lines": [ 6.872661, 7.013834, 7.057012, 6.9181 ] }, { "date": "2023-09-15", "close": 6.797245, "volume": 120144356, "typical_volume": 199708999.05, "trend": 6.724063, "fair_value": 6.660055, "relative_strength": 18.815084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.108591, "energy": 19.480797, "activity_lines": [ 6.828067, 6.956244, 7.041784, 6.924463 ] }, { "date": "2023-09-22", "close": 6.807082, "volume": 110870202, "typical_volume": 198159678.8, "trend": 6.750171, "fair_value": 6.647757, "relative_strength": 17.802814, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.104959, "energy": 20.356728, "activity_lines": [ 6.810361, 6.908491, 7.02577, 6.929819 ] }, { "date": "2023-09-29", "close": 6.846429, "volume": 98694904, "typical_volume": 194289220.55, "trend": 6.77563, "fair_value": 6.638826, "relative_strength": 18.479335, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.314876, "energy": 25.168491, "activity_lines": [ 6.815607, 6.87737, 7.012292, 6.936029 ] }, { "date": "2023-10-13", "close": 6.895613, "volume": 148294076, "typical_volume": 193676563.55, "trend": 6.80175, "fair_value": 6.629525, "relative_strength": 18.980104, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.978911, "energy": 13.92067, "activity_lines": [ 6.83856, 6.865566, 7.00112, 6.94377 ] }, { "date": "2023-10-20", "close": 6.433282, "volume": 140274268, "typical_volume": 190327597.5, "trend": 6.813765, "fair_value": 6.618007, "relative_strength": 16.049698, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.84559, "energy": 32.580639, "activity_lines": [ 6.713304, 6.77614, 6.943398, 6.919998 ] }, { "date": "2023-10-27", "close": 6.748061, "volume": 134721319, "typical_volume": 183755509.9, "trend": 6.835293, "fair_value": 6.610065, "relative_strength": 18.433244, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.219643, "energy": 20.72151, "activity_lines": [ 6.710681, 6.758792, 6.916644, 6.915759 ] }, { "date": "2023-11-03", "close": 6.895613, "volume": 124340032, "typical_volume": 168102751.8, "trend": 6.855209, "fair_value": 6.600826, "relative_strength": 19.184567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.597257, "energy": 19.424036, "activity_lines": [ 6.760521, 6.775604, 6.90278, 6.919651 ] }, { "date": "2023-11-10", "close": 7.131697, "volume": 143615043, "typical_volume": 154789352.35, "trend": 6.881036, "fair_value": 6.58955, "relative_strength": 20.919751, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.601479, "energy": 8.341934, "activity_lines": [ 6.883153, 6.836413, 6.911586, 6.937489 ] }, { "date": "2023-11-17", "close": 7.220228, "volume": 131012462, "typical_volume": 147177864.1, "trend": 6.90459, "fair_value": 6.579527, "relative_strength": 21.471219, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.014158, "energy": 28.674765, "activity_lines": [ 7.016278, 6.90849, 6.930042, 6.959372 ] }, { "date": "2023-11-24", "close": 7.357944, "volume": 208652842, "typical_volume": 146122319.4, "trend": 6.942529, "fair_value": 6.573626, "relative_strength": 24.500156, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.677967, "energy": 46.872714, "activity_lines": [ 7.173667, 7.001314, 6.962691, 6.988621 ] }, { "date": "2023-12-01", "close": 8.026848, "volume": 380442115, "typical_volume": 155832820.4, "trend": 6.995582, "fair_value": 6.573009, "relative_strength": 36.092491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.102692, "energy": 83.299895, "activity_lines": [ 7.49238, 7.203774, 7.059185, 7.058577 ] }, { "date": "2023-12-08", "close": 8.272768, "volume": 384560967, "typical_volume": 168039870.1, "trend": 7.052915, "fair_value": 6.574653, "relative_strength": 41.022456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.285555, "energy": 92.855674, "activity_lines": [ 7.807814, 7.42859, 7.175354, 7.140976 ] }, { "date": "2023-12-15", "close": 7.849785, "volume": 368223052, "typical_volume": 178909661.75, "trend": 7.103004, "fair_value": 6.573275, "relative_strength": 34.730921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.154131, "energy": 83.853227, "activity_lines": [ 7.890444, 7.549851, 7.246741, 7.192387 ] }, { "date": "2023-12-22", "close": 7.869458, "volume": 220325251, "typical_volume": 181850085.3, "trend": 7.153097, "fair_value": 6.572458, "relative_strength": 35.953563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.75306, "energy": 82.457484, "activity_lines": [ 7.931758, 7.656447, 7.317941, 7.241835 ] }, { "date": "2023-12-29", "close": 7.869458, "volume": 185576756, "typical_volume": 178363328.15, "trend": 7.194047, "fair_value": 6.570521, "relative_strength": 30.425108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.288311, "energy": 72.211519, "activity_lines": [ 7.929791, 7.745336, 7.386189, 7.288052 ] }, { "date": "2024-01-05", "close": 7.682559, "volume": 439967336, "typical_volume": 191588766.8, "trend": 7.233338, "fair_value": 6.569254, "relative_strength": 31.724574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.631118, "energy": 42.74229, "activity_lines": [ 7.831423, 7.774131, 7.433687, 7.319569 ] }, { "date": "2024-01-12", "close": 7.09235, "volume": 268623342, "typical_volume": 199275394.5, "trend": 7.23859, "fair_value": 6.567443, "relative_strength": 22.402862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.33308, "energy": 17.342899, "activity_lines": [ 7.559271, 7.678624, 7.422445, 7.310473 ] }, { "date": "2024-01-19", "close": 6.787408, "volume": 213006503, "typical_volume": 204497458.8, "trend": 7.218589, "fair_value": 6.566106, "relative_strength": 19.121989, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.164471, "energy": 16.051516, "activity_lines": [ 7.264166, 7.524097, 7.381505, 7.281365 ] }, { "date": "2024-01-26", "close": 6.728387, "volume": 226752437, "typical_volume": 208128485.7, "trend": 7.194653, "fair_value": 6.563145, "relative_strength": 17.616226, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.63195, "energy": 32.187693, "activity_lines": [ 7.020213, 7.365098, 7.335319, 7.249739 ] }, { "date": "2024-02-02", "close": 6.167688, "volume": 209165131, "typical_volume": 212863119.7, "trend": 7.153994, "fair_value": 6.556589, "relative_strength": 16.437039, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -44.996027, "energy": 47.24928, "activity_lines": [ 6.665431, 7.113096, 7.236951, 7.183483 ] }, { "date": "2024-02-09", "close": 6.777571, "volume": 304279780, "typical_volume": 222069890.9, "trend": 7.138583, "fair_value": 6.554815, "relative_strength": 15.978028, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.499, "energy": 46.376734, "activity_lines": [ 6.627396, 6.993624, 7.199196, 7.159198 ] }, { "date": "2024-02-23", "close": 6.954634, "volume": 195839736, "typical_volume": 226318367.6, "trend": 7.126123, "fair_value": 6.550377, "relative_strength": 14.890266, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.407516, "energy": 41.902725, "activity_lines": [ 6.708713, 6.929058, 7.178398, 7.14733 ] }, { "date": "2024-03-01", "close": 7.141534, "volume": 202438586, "typical_volume": 231505551.7, "trend": 7.116942, "fair_value": 6.551123, "relative_strength": 12.624449, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.619957, "energy": 21.172994, "activity_lines": [ 6.861512, 6.922441, 7.174698, 7.148324 ] }, { "date": "2024-03-08", "close": 7.003818, "volume": 143520404, "typical_volume": 231266868.1, "trend": 7.108744, "fair_value": 6.549928, "relative_strength": 10.479521, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.88268, "energy": 5.16589, "activity_lines": [ 6.944797, 6.903661, 7.156476, 7.141026 ] }, { "date": "2024-03-15", "close": 7.279249, "volume": 198801903, "typical_volume": 234193249.85, "trend": 7.109728, "fair_value": 6.547633, "relative_strength": 11.142388, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.422246, "energy": 13.198584, "activity_lines": [ 7.101531, 6.950699, 7.163971, 7.152026 ] }, { "date": "2024-03-22", "close": 7.033329, "volume": 136413532, "typical_volume": 234277860.5, "trend": 7.105793, "fair_value": 6.543263, "relative_strength": 7.308195, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.201419, "energy": 8.957126, "activity_lines": [ 7.102186, 6.963755, 7.144016, 7.147097 ] }, { "date": "2024-03-29", "close": 6.984145, "volume": 101683593, "typical_volume": 233145038.55, "trend": 7.106777, "fair_value": 6.540447, "relative_strength": 7.806128, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.902156, "energy": 6.130433, "activity_lines": [ 7.069397, 6.979673, 7.118019, 7.139249 ] }, { "date": "2024-04-05", "close": 6.934961, "volume": 73578798, "typical_volume": 229643226.3, "trend": 7.109072, "fair_value": 6.536318, "relative_strength": 4.841655, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.78427, "energy": 5.67506, "activity_lines": [ 7.018246, 6.988616, 7.086916, 7.128164 ] }, { "date": "2024-04-12", "close": 6.659529, "volume": 117494162, "typical_volume": 228967311.3, "trend": 7.098252, "fair_value": 6.531047, "relative_strength": 3.600505, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.290033, "energy": 25.510129, "activity_lines": [ 6.889055, 6.944797, 7.030518, 7.099161 ] }, { "date": "2024-04-19", "close": 6.895613, "volume": 185932487, "typical_volume": 227831293.55, "trend": 7.10481, "fair_value": 6.527912, "relative_strength": 6.060402, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.691003, "energy": 35.692918, "activity_lines": [ 6.861512, 6.945155, 6.999275, 7.086088 ] }, { "date": "2024-04-26", "close": 7.072676, "volume": 155972681, "typical_volume": 216607821.85, "trend": 7.113991, "fair_value": 6.526037, "relative_strength": 6.094785, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.62297, "energy": 28.975654, "activity_lines": [ 6.918566, 6.964471, 6.987096, 7.084015 ] }, { "date": "2024-05-03", "close": 7.062839, "volume": 76009229, "typical_volume": 201180234.95, "trend": 7.122516, "fair_value": 6.524846, "relative_strength": 4.036007, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.151598, "energy": 21.624142, "activity_lines": [ 6.969717, 6.976633, 6.978524, 7.080715 ] }, { "date": "2024-05-10", "close": 7.318596, "volume": 221022205, "typical_volume": 193820192.6, "trend": 7.138255, "fair_value": 6.526167, "relative_strength": 5.677182, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.524748, "energy": 8.599072, "activity_lines": [ 7.100875, 7.033329, 7.000071, 7.093365 ] }, { "date": "2024-05-17", "close": 7.249739, "volume": 164070573, "typical_volume": 191007458.7, "trend": 7.150059, "fair_value": 6.526735, "relative_strength": 4.464829, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.543066, "energy": 21.21124, "activity_lines": [ 7.183504, 7.074286, 7.01759, 7.100557 ] }, { "date": "2024-05-24", "close": 6.915287, "volume": 160049186, "typical_volume": 189731080.2, "trend": 7.166126, "fair_value": 6.522169, "relative_strength": 2.225237, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.019771, "energy": 16.291785, "activity_lines": [ 7.115302, 7.049962, 7.006207, 7.085411 ] }, { "date": "2024-05-31", "close": 6.984145, "volume": 131530402, "typical_volume": 174309233.5, "trend": 7.173995, "fair_value": 6.517172, "relative_strength": 3.430769, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.562174, "energy": 12.144128, "activity_lines": [ 7.068741, 7.044775, 7.005926, 7.07367 ] }, { "date": "2024-06-07", "close": 7.33986, "volume": 229476964, "typical_volume": 172351914.6, "trend": 7.188803, "fair_value": 6.516823, "relative_strength": 9.437387, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.547062, "energy": 8.576069, "activity_lines": [ 7.146654, 7.105158, 7.042849, 7.084371 ] }, { "date": "2024-06-14", "close": 7.438648, "volume": 164754572, "typical_volume": 169939318.05, "trend": 7.199035, "fair_value": 6.51692, "relative_strength": 10.328869, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.886659, "energy": 18.878087, "activity_lines": [ 7.239029, 7.177035, 7.088001, 7.10049 ] }, { "date": "2024-06-21", "close": 7.636221, "volume": 235675136, "typical_volume": 170385453.0, "trend": 7.212902, "fair_value": 6.519654, "relative_strength": 14.994087, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.780812, "energy": 53.172629, "activity_lines": [ 7.389257, 7.275677, 7.148868, 7.128696 ] }, { "date": "2024-06-28", "close": 7.72513, "volume": 216337347, "typical_volume": 170744063.8, "trend": 7.225141, "fair_value": 6.522085, "relative_strength": 18.491316, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.335629, "energy": 64.116515, "activity_lines": [ 7.543356, 7.372725, 7.21388, 7.161743 ] }, { "date": "2024-07-05", "close": 7.57695, "volume": 203292325, "typical_volume": 165694691.05, "trend": 7.210145, "fair_value": 6.524502, "relative_strength": 17.657325, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.676782, "energy": 58.670316, "activity_lines": [ 7.594073, 7.42775, 7.257363, 7.18444 ] }, { "date": "2024-07-12", "close": 7.56707, "volume": 171560865, "typical_volume": 164480747.5, "trend": 7.186621, "fair_value": 6.526107, "relative_strength": 14.849275, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.195922, "energy": 64.776352, "activity_lines": [ 7.601975, 7.47181, 7.296099, 7.207468 ] }, { "date": "2024-07-19", "close": 7.833795, "volume": 196659718, "typical_volume": 164191804.1, "trend": 7.186088, "fair_value": 6.531228, "relative_strength": 17.587861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.372689, "energy": 65.248415, "activity_lines": [ 7.683639, 7.555197, 7.357321, 7.249221 ] }, { "date": "2024-07-26", "close": 7.49792, "volume": 195623316, "typical_volume": 166796949.7, "trend": 7.173704, "fair_value": 6.533948, "relative_strength": 15.925057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.249557, "energy": 38.162351, "activity_lines": [ 7.627001, 7.568149, 7.383258, 7.269339 ] }, { "date": "2024-08-02", "close": 7.715251, "volume": 160814556, "typical_volume": 164897582.35, "trend": 7.168563, "fair_value": 6.536722, "relative_strength": 19.23553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.961336, "energy": 37.27313, "activity_lines": [ 7.652027, 7.616103, 7.42754, 7.304277 ] }, { "date": "2024-08-09", "close": 7.49792, "volume": 116313262, "typical_volume": 163892568.85, "trend": 7.162409, "fair_value": 6.539478, "relative_strength": 17.366953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.83786, "energy": 28.438261, "activity_lines": [ 7.605268, 7.609998, 7.449048, 7.325526 ] }, { "date": "2024-08-16", "close": 7.557192, "volume": 95149900, "typical_volume": 163565884.2, "trend": 7.177904, "fair_value": 6.541176, "relative_strength": 18.13971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.674441, "energy": 22.415154, "activity_lines": [ 7.583535, 7.605328, 7.473989, 7.350996 ] }, { "date": "2024-08-23", "close": 7.310225, "volume": 91053770, "typical_volume": 164439632.8, "trend": 7.195331, "fair_value": 6.541229, "relative_strength": 15.949944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.8937, "energy": 15.087593, "activity_lines": [ 7.480138, 7.551804, 7.47268, 7.359533 ] }, { "date": "2024-08-30", "close": 7.083015, "volume": 146018525, "typical_volume": 165865850.95, "trend": 7.207152, "fair_value": 6.540763, "relative_strength": 9.602883, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.728162, "energy": 12.942054, "activity_lines": [ 7.335909, 7.459303, 7.447946, 7.352287 ] }, { "date": "2024-09-06", "close": 6.875563, "volume": 107763595, "typical_volume": 161957406.35, "trend": 7.230748, "fair_value": 6.539154, "relative_strength": 8.787895, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.362549, "energy": 30.030093, "activity_lines": [ 7.15019, 7.339143, 7.401437, 7.330894 ] }, { "date": "2024-09-13", "close": 6.480415, "volume": 121219637, "typical_volume": 160219754.15, "trend": 7.220842, "fair_value": 6.535013, "relative_strength": 4.055138, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.711291, "energy": 58.698035, "activity_lines": [ 6.888734, 7.162583, 7.31739, 7.282485 ] }, { "date": "2024-09-20", "close": 6.500173, "volume": 71324604, "typical_volume": 159985522.9, "trend": 7.205694, "fair_value": 6.531373, "relative_strength": 2.799723, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.772146, "energy": 67.072261, "activity_lines": [ 6.701698, 7.009554, 7.238046, 7.235991 ] }, { "date": "2024-09-27", "close": 7.320103, "volume": 223375121, "typical_volume": 160103168.7, "trend": 7.211646, "fair_value": 6.533301, "relative_strength": -1.98917, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.288191, "energy": 51.560027, "activity_lines": [ 6.85844, 7.025, 7.23947, 7.243372 ] }, { "date": "2024-10-04", "close": 7.843323, "volume": 128844955, "typical_volume": 158341887.8, "trend": 7.239629, "fair_value": 6.539396, "relative_strength": -5.282157, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 22.003818, "energy": 15.850756, "activity_lines": [ 7.188929, 7.144918, 7.290717, 7.284125 ] }, { "date": "2024-10-11", "close": 7.088775, "volume": 448409192, "typical_volume": 172759888.1, "trend": 7.23328, "fair_value": 6.540154, "relative_strength": -10.463355, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.963416, "energy": 7.836192, "activity_lines": [ 7.217216, 7.121364, 7.267275, 7.274393 ] }, { "date": "2024-10-18", "close": 7.178129, "volume": 305163488, "typical_volume": 181441542.4, "trend": 7.238107, "fair_value": 6.542485, "relative_strength": -11.9515, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.068418, "energy": 12.58739, "activity_lines": [ 7.261073, 7.125448, 7.251517, 7.270835 ] }, { "date": "2024-10-25", "close": 7.34691, "volume": 246303516, "typical_volume": 182282870.0, "trend": 7.250199, "fair_value": 6.545398, "relative_strength": -12.14801, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.373884, "energy": 13.883053, "activity_lines": [ 7.314676, 7.166033, 7.25091, 7.277854 ] }, { "date": "2024-11-01", "close": 7.297268, "volume": 240888572, "typical_volume": 186089570.0, "trend": 7.262276, "fair_value": 6.549555, "relative_strength": -11.385806, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.392858, "energy": 4.954931, "activity_lines": [ 7.295283, 7.201416, 7.245542, 7.280891 ] }, { "date": "2024-11-08", "close": 7.654686, "volume": 288741559, "typical_volume": 188742891.15, "trend": 7.295448, "fair_value": 6.555565, "relative_strength": -12.896989, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.505235, "energy": 18.259724, "activity_lines": [ 7.396551, 7.302019, 7.274887, 7.306208 ] }, { "date": "2024-11-15", "close": 7.406479, "volume": 243047686, "typical_volume": 190078408.1, "trend": 7.312477, "fair_value": 6.561547, "relative_strength": -12.430393, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.843291, "energy": 15.441675, "activity_lines": [ 7.427659, 7.3471, 7.280504, 7.313371 ] }, { "date": "2024-11-22", "close": 7.396551, "volume": 193695894, "typical_volume": 189598586.55, "trend": 7.323273, "fair_value": 6.56834, "relative_strength": -9.915745, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.32389, "energy": 11.907686, "activity_lines": [ 7.434278, 7.380723, 7.286694, 7.318795 ] }, { "date": "2024-11-29", "close": 7.466049, "volume": 170900832, "typical_volume": 189565584.9, "trend": 7.336713, "fair_value": 6.574954, "relative_strength": -10.454902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.216962, "energy": 17.948901, "activity_lines": [ 7.449502, 7.410324, 7.300362, 7.328006 ] }, { "date": "2024-12-06", "close": 7.456121, "volume": 176253369, "typical_volume": 188545267.45, "trend": 7.341297, "fair_value": 6.580817, "relative_strength": -11.771312, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.107815, "energy": 11.55795, "activity_lines": [ 7.453473, 7.420559, 7.313565, 7.33571 ] }, { "date": "2024-12-13", "close": 7.446192, "volume": 308454421, "typical_volume": 194186822.7, "trend": 7.347846, "fair_value": 6.586928, "relative_strength": -10.871131, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.346966, "energy": 8.353344, "activity_lines": [ 7.443545, 7.426516, 7.327621, 7.342478 ] }, { "date": "2024-12-20", "close": 7.168201, "volume": 195680167, "typical_volume": 195930103.25, "trend": 7.356276, "fair_value": 6.591882, "relative_strength": -13.314418, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.801553, "energy": 5.886765, "activity_lines": [ 7.354852, 7.38915, 7.315448, 7.330888 ] }, { "date": "2024-12-27", "close": 7.168201, "volume": 0, "typical_volume": 190114440.15, "trend": 7.362411, "fair_value": 6.597899, "relative_strength": -13.033411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.956925, "energy": 17.454132, "activity_lines": [ 7.282045, 7.350339, 7.30588, 7.318754 ] }, { "date": "2025-01-03", "close": 7.168201, "volume": 0, "typical_volume": 185356945.15, "trend": 7.356689, "fair_value": 6.603478, "relative_strength": -6.092008, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.773629, "energy": 21.989304, "activity_lines": [ 7.224461, 7.31171, 7.297882, 7.306224 ] }, { "date": "2025-01-10", "close": 6.612218, "volume": 313069676, "typical_volume": 196457740.45, "trend": 7.329142, "fair_value": 6.605431, "relative_strength": -12.113481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -77.832577, "energy": 68.522835, "activity_lines": [ 7.001406, 7.175241, 7.238786, 7.258194 ] }, { "date": "2025-01-17", "close": 6.780999, "volume": 177643814, "typical_volume": 198039004.9, "trend": 7.300634, "fair_value": 6.608903, "relative_strength": -12.846885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.906939, "energy": 71.498239, "activity_lines": [ 6.890872, 7.081915, 7.199088, 7.22283 ] }, { "date": "2025-01-24", "close": 6.860425, "volume": 128916212, "typical_volume": 199096635.75, "trend": 7.271811, "fair_value": 6.611635, "relative_strength": -12.719651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.27611, "energy": 71.693198, "activity_lines": [ 6.851159, 7.018916, 7.168393, 7.194429 ] }, { "date": "2025-01-31", "close": 6.919994, "volume": 29701560, "typical_volume": 194520731.9, "trend": 7.249912, "fair_value": 6.613373, "relative_strength": -10.582354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.361584, "energy": 71.393753, "activity_lines": [ 6.85182, 6.976676, 7.143442, 7.171731 ] }, { "date": "2025-02-07", "close": 7.009349, "volume": 112115144, "typical_volume": 196560258.9, "trend": 7.231321, "fair_value": 6.615372, "relative_strength": -12.797619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.131528, "energy": 52.816492, "activity_lines": [ 6.898814, 6.959346, 7.124909, 7.156211 ] }, { "date": "2025-02-14", "close": 6.989492, "volume": 162500431, "typical_volume": 193516524.4, "trend": 7.203178, "fair_value": 6.615056, "relative_strength": -14.191269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.1098, "energy": 31.059191, "activity_lines": [ 6.949779, 6.94671, 7.10206, 7.140609 ] }, { "date": "2025-02-21", "close": 6.72143, "volume": 227479666, "typical_volume": 198448259.95, "trend": 7.177295, "fair_value": 6.61446, "relative_strength": -18.979024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.187345, "energy": 42.487573, "activity_lines": [ 6.886239, 6.89382, 7.055255, 7.109529 ] }, { "date": "2025-02-28", "close": 6.711502, "volume": 195301047, "typical_volume": 185792852.7, "trend": 7.143837, "fair_value": 6.615424, "relative_strength": -15.933982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.558592, "energy": 45.536602, "activity_lines": [ 6.82336, 6.852302, 7.012847, 7.079477 ] }, { "date": "2025-03-07", "close": 6.761143, "volume": 162913238, "typical_volume": 178680340.2, "trend": 7.119277, "fair_value": 6.615644, "relative_strength": -16.864325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.697406, "energy": 54.373435, "activity_lines": [ 6.786956, 6.828113, 6.976964, 7.054787 ] }, { "date": "2025-03-14", "close": 7.029205, "volume": 200297837, "typical_volume": 176380056.25, "trend": 7.101678, "fair_value": 6.619083, "relative_strength": -14.370847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.233236, "energy": 43.005653, "activity_lines": [ 6.850497, 6.860064, 6.968596, 7.048976 ] }, { "date": "2025-03-21", "close": 6.860425, "volume": 153242337, "typical_volume": 171997744.5, "trend": 7.086685, "fair_value": 6.621564, "relative_strength": -13.946702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.335537, "energy": 34.574688, "activity_lines": [ 6.856454, 6.863855, 6.945666, 7.033412 ] }, { "date": "2025-03-28", "close": 6.919994, "volume": 235456164, "typical_volume": 169333474.75, "trend": 7.081251, "fair_value": 6.624428, "relative_strength": -12.338423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.486166, "energy": 20.710776, "activity_lines": [ 6.890872, 6.873964, 6.93049, 7.022657 ] }, { "date": "2025-04-04", "close": 7.029205, "volume": 193101312, "typical_volume": 166836156.05, "trend": 7.086372, "fair_value": 6.630553, "relative_strength": -8.765302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.685943, "energy": 18.627598, "activity_lines": [ 6.948455, 6.901402, 6.929214, 7.0193 ] }, { "date": "2025-04-11", "close": 6.820712, "volume": 431183695, "typical_volume": 178710546.1, "trend": 7.097715, "fair_value": 6.635717, "relative_strength": -6.620919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.757742, "energy": 17.980026, "activity_lines": [ 6.915361, 6.887863, 6.909877, 7.00216 ] }, { "date": "2025-04-18", "close": 6.790927, "volume": 228075400, "typical_volume": 181569274.5, "trend": 7.107407, "fair_value": 6.641753, "relative_strength": -6.408555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.865214, "energy": 24.596004, "activity_lines": [ 6.868367, 6.870714, 6.890446, 6.982367 ] }, { "date": "2025-04-25", "close": 6.671788, "volume": 194740128, "typical_volume": 182493612.45, "trend": 7.085796, "fair_value": 6.647275, "relative_strength": -9.130326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.330377, "energy": 34.571614, "activity_lines": [ 6.797546, 6.835875, 6.862883, 6.954263 ] }, { "date": "2025-05-02", "close": 6.66186, "volume": 110233687, "typical_volume": 172582575.75, "trend": 7.046414, "fair_value": 6.653233, "relative_strength": -8.956728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.864756, "energy": 52.922863, "activity_lines": [ 6.735991, 6.805007, 6.83811, 6.926912 ] }, { "date": "2025-05-09", "close": 6.701573, "volume": 140472252, "typical_volume": 169822180.0, "trend": 7.033508, "fair_value": 6.660195, "relative_strength": -10.256183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.939591, "energy": 53.064274, "activity_lines": [ 6.704882, 6.782443, 6.820854, 6.904664 ] }, { "date": "2025-05-16", "close": 6.711502, "volume": 111621312, "typical_volume": 175403245.6, "trend": 7.017953, "fair_value": 6.669471, "relative_strength": -10.384953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.558686, "energy": 50.874311, "activity_lines": [ 6.698926, 6.761865, 6.806765, 6.88389 ] }, { "date": "2025-05-23", "close": 6.751215, "volume": 153397844, "typical_volume": 183073137.8, "trend": 6.998097, "fair_value": 6.679002, "relative_strength": -9.274898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.205234, "energy": 35.384194, "activity_lines": [ 6.713487, 6.749409, 6.798634, 6.866681 ] }, { "date": "2025-05-30", "close": 6.761143, "volume": 123120275, "typical_volume": 173575667.75, "trend": 6.980226, "fair_value": 6.686409, "relative_strength": -8.136699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.11883, "energy": 27.802223, "activity_lines": [ 6.734006, 6.743813, 6.793433, 6.851394 ] }, { "date": "2025-06-06", "close": 6.94978, "volume": 177896878, "typical_volume": 173588320.95, "trend": 6.956729, "fair_value": 6.695275, "relative_strength": -6.629439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.611566, "energy": 10.909198, "activity_lines": [ 6.811446, 6.77432, 6.805489, 6.849429 ] }, { "date": "2025-06-13", "close": 6.840569, "volume": 187985497, "typical_volume": 176541785.2, "trend": 6.937866, "fair_value": 6.703941, "relative_strength": -7.224604, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.389635, "energy": 15.312391, "activity_lines": [ 6.833288, 6.784429, 6.80634, 6.841935 ] }, { "date": "2025-06-20", "close": 6.731358, "volume": 125646462, "typical_volume": 181339030.3, "trend": 6.915692, "fair_value": 6.71197, "relative_strength": -7.222026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.348859, "energy": 16.339675, "activity_lines": [ 6.80946, 6.778111, 6.796884, 6.828612 ] }, { "date": "2025-06-27", "close": 6.840569, "volume": 124029415, "typical_volume": 181934743.85, "trend": 6.894843, "fair_value": 6.720948, "relative_strength": -8.591439, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.110663, "energy": 13.136924, "activity_lines": [ 6.820712, 6.793274, 6.798728, 6.823765 ] }, { "date": "2025-07-04", "close": 6.800856, "volume": 134555884, "typical_volume": 180537516.5, "trend": 6.873001, "fair_value": 6.729422, "relative_strength": -9.70825, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.000388, "energy": 7.344107, "activity_lines": [ 6.81277, 6.800314, 6.797594, 6.817702 ] }, { "date": "2025-07-11", "close": 6.870354, "volume": 207172682, "typical_volume": 179522167.3, "trend": 6.853806, "fair_value": 6.736717, "relative_strength": -9.869716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.377582, "energy": 3.842332, "activity_lines": [ 6.825346, 6.817644, 6.803976, 6.817531 ] }, { "date": "2025-07-18", "close": 6.98308, "volume": 207572554, "typical_volume": 180135742.65, "trend": 6.847636, "fair_value": 6.744296, "relative_strength": -9.633223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.619631, "energy": 26.373725, "activity_lines": [ 6.880792, 6.851678, 6.820385, 6.825871 ] }, { "date": "2025-07-25", "close": 6.993056, "volume": 257252627, "typical_volume": 184852712.1, "trend": 6.841797, "fair_value": 6.75194, "relative_strength": -10.969932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.216006, "energy": 44.100584, "activity_lines": [ 6.930063, 6.882408, 6.836451, 6.835253 ] }, { "date": "2025-08-01", "close": 6.893298, "volume": 262315450, "typical_volume": 187953592.75, "trend": 6.832634, "fair_value": 6.758141, "relative_strength": -10.152974, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.122698, "energy": 50.938962, "activity_lines": [ 6.928635, 6.88988, 6.841912, 6.838576 ] }, { "date": "2025-08-08", "close": 6.903274, "volume": 193157932, "typical_volume": 189949372.5, "trend": 6.842336, "fair_value": 6.76673, "relative_strength": -10.460081, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.1092, "energy": 47.60232, "activity_lines": [ 6.927016, 6.896584, 6.84897, 6.843133 ] }, { "date": "2025-08-15", "close": 6.903274, "volume": 198243160, "typical_volume": 188088722.3, "trend": 6.846412, "fair_value": 6.773058, "relative_strength": -13.606649, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.306064, "energy": 30.450036, "activity_lines": [ 6.91857, 6.900703, 6.855825, 6.847065 ] }, { "date": "2025-08-22", "close": 6.973104, "volume": 254083500, "typical_volume": 191137831.7, "trend": 6.850168, "fair_value": 6.781528, "relative_strength": -15.789132, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.296667, "energy": 28.065103, "activity_lines": [ 6.931206, 6.918364, 6.869409, 6.855238 ] }, { "date": "2025-08-29", "close": 6.86337, "volume": 482867266, "typical_volume": 193722010.25, "trend": 6.84828, "fair_value": 6.7903, "relative_strength": -19.878112, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.318437, "energy": 17.455822, "activity_lines": [ 6.907929, 6.913663, 6.872809, 6.85609 ] }, { "date": "2025-09-05", "close": 6.833443, "volume": 310904987, "typical_volume": 197863489.6, "trend": 6.842417, "fair_value": 6.796997, "relative_strength": -18.857979, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.801748, "energy": 11.874026, "activity_lines": [ 6.883322, 6.901121, 6.873156, 6.855133 ] }, { "date": "2025-09-12", "close": 6.813491, "volume": 209502654, "typical_volume": 198601615.9, "trend": 6.83655, "fair_value": 6.804947, "relative_strength": -20.532972, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.664743, "energy": 11.085899, "activity_lines": [ 6.856055, 6.885081, 6.871401, 6.853267 ] }, { "date": "2025-09-19", "close": 6.753636, "volume": 190952316, "typical_volume": 202637547.35, "trend": 6.837624, "fair_value": 6.812011, "relative_strength": -21.459008, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.969637, "energy": 16.519159, "activity_lines": [ 6.814821, 6.857929, 6.86327, 6.847917 ] }, { "date": "2025-09-26", "close": 6.663854, "volume": 152486913, "typical_volume": 203238280.4, "trend": 6.836035, "fair_value": 6.818248, "relative_strength": -22.715259, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.704521, "energy": 35.597152, "activity_lines": [ 6.753636, 6.816575, 6.846152, 6.836706 ] }, { "date": "2025-10-03", "close": 6.67383, "volume": 58599671, "typical_volume": 200587198.35, "trend": 6.833125, "fair_value": 6.824989, "relative_strength": -23.852235, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.942212, "energy": 52.892512, "activity_lines": [ 6.716393, 6.782838, 6.830163, 6.826242 ] }, { "date": "2025-10-10", "close": 6.783564, "volume": 76775873, "typical_volume": 196756099.8, "trend": 6.824937, "fair_value": 6.834254, "relative_strength": -21.148374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.187795, "energy": 48.760862, "activity_lines": [ 6.728364, 6.774858, 6.824805, 6.823044 ] }, { "date": "2025-10-17", "close": 6.643902, "volume": 176746948, "typical_volume": 199437433.45, "trend": 6.817719, "fair_value": 6.843314, "relative_strength": -18.302189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.896704, "energy": 58.008037, "activity_lines": [ 6.697107, 6.743479, 6.805991, 6.811364 ] }, { "date": "2025-10-24", "close": 6.723709, "volume": 119538325, "typical_volume": 196519505.8, "trend": 6.811177, "fair_value": 6.852949, "relative_strength": -20.612514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.587939, "energy": 39.702518, "activity_lines": [ 6.703757, 6.731327, 6.795336, 6.805299 ] }, { "date": "2025-10-31", "close": 6.723709, "volume": 150690519, "typical_volume": 194654756.9, "trend": 6.800993, "fair_value": 6.861265, "relative_strength": -20.673233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.360838, "energy": 29.983392, "activity_lines": [ 6.712403, 6.722439, 6.785758, 6.799656 ] }, { "date": "2025-11-07", "close": 6.86337, "volume": 172919256, "typical_volume": 197018396.6, "trend": 6.802415, "fair_value": 6.870853, "relative_strength": -18.753145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 1.806383, "energy": 6.747842, "activity_lines": [ 6.763612, 6.743479, 6.790038, 6.803681 ] }, { "date": "2025-11-14", "close": 6.853395, "volume": 197373175, "typical_volume": 200685584.6, "trend": 6.804498, "fair_value": 6.880692, "relative_strength": -17.286713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.893018, "energy": 10.88019, "activity_lines": [ 6.79886, 6.762705, 6.792738, 6.80697 ] }, { "date": "2025-11-21", "close": 6.594023, "volume": 178988846, "typical_volume": 202907232.7, "trend": 6.801905, "fair_value": 6.888051, "relative_strength": -15.641221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.640918, "energy": 20.848138, "activity_lines": [ 6.742995, 6.73441, 6.770676, 6.793391 ] }, { "date": "2025-11-28", "close": 6.613975, "volume": 111732174, "typical_volume": 198135207.3, "trend": 6.800309, "fair_value": 6.895726, "relative_strength": -17.800158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.720799, "energy": 30.752224, "activity_lines": [ 6.697107, 6.713733, 6.751499, 6.781266 ] }, { "date": "2025-12-05", "close": 6.613975, "volume": 105850885, "typical_volume": 193049123.85, "trend": 6.797389, "fair_value": 6.90177, "relative_strength": -18.346913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.269273, "energy": 56.121063, "activity_lines": [ 6.658534, 6.695595, 6.733542, 6.769244 ] }, { "date": "2025-12-12", "close": 6.424434, "volume": 134152041, "typical_volume": 186894094.55, "trend": 6.78782, "fair_value": 6.908795, "relative_strength": -20.828621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.360064, "energy": 78.556542, "activity_lines": [ 6.564096, 6.643902, 6.699292, 6.745183 ] }, { "date": "2025-12-19", "close": 6.394506, "volume": 151579617, "typical_volume": 181357302.9, "trend": 6.77593, "fair_value": 6.914938, "relative_strength": -20.020012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.401269, "energy": 82.516838, "activity_lines": [ 6.488944, 6.591302, 6.664899, 6.719808 ] }, { "date": "2025-12-26", "close": 6.424434, "volume": 120565732, "typical_volume": 177727692.9, "trend": 6.764706, "fair_value": 6.919767, "relative_strength": -21.890286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.875165, "energy": 81.07619, "activity_lines": [ 6.454361, 6.551218, 6.635732, 6.697131 ] }, { "date": "2026-01-02", "close": 6.324676, "volume": 54921905, "typical_volume": 170561630.15, "trend": 6.74387, "fair_value": 6.922197, "relative_strength": -22.018168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.276684, "energy": 85.970119, "activity_lines": [ 6.397832, 6.496986, 6.599344, 6.668741 ] }, { "date": "2026-01-09", "close": 6.454361, "volume": 141862450, "typical_volume": 164950577.65, "trend": 6.730996, "fair_value": 6.927657, "relative_strength": -23.236928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.144948, "energy": 71.342038, "activity_lines": [ 6.403817, 6.473588, 6.578062, 6.650064 ] }, { "date": "2026-01-16", "close": 6.284772, "volume": 226828604, "typical_volume": 152148644.55, "trend": 6.71611, "fair_value": 6.928136, "relative_strength": -25.549769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.036165, "energy": 60.536377, "activity_lines": [ 6.363914, 6.424252, 6.543099, 6.621275 ] }, { "date": "2026-01-23", "close": 6.324676, "volume": 188457166, "typical_volume": 146026253.5, "trend": 6.698913, "fair_value": 6.928934, "relative_strength": -25.344842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.335165, "energy": 55.403146, "activity_lines": [ 6.346622, 6.392693, 6.514691, 6.596021 ] }, { "date": "2026-01-30", "close": 6.284772, "volume": 331129112, "typical_volume": 152107576.4, "trend": 6.681711, "fair_value": 6.929225, "relative_strength": -23.999825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.289882, "energy": 51.547114, "activity_lines": [ 6.320685, 6.363491, 6.484906, 6.569302 ] }, { "date": "2026-02-06", "close": 6.294748, "volume": 131580706, "typical_volume": 149138995.9, "trend": 6.662524, "fair_value": 6.929455, "relative_strength": -21.698154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.786883, "energy": 51.830427, "activity_lines": [ 6.307384, 6.341725, 6.458589, 6.544337 ] }, { "date": "2026-02-13", "close": 6.24, "volume": 95714020, "typical_volume": 146300351.25, "trend": 6.637754, "fair_value": 6.930087, "relative_strength": -22.911591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.822463, "energy": 51.952247, "activity_lines": [ 6.277829, 6.31581, 6.429243, 6.517077 ] }, { "date": "2026-02-27", "close": 6.29, "volume": 93058868, "typical_volume": 148023311.1, "trend": 6.614319, "fair_value": 6.931165, "relative_strength": -23.958552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.194658, "energy": 49.443662, "activity_lines": [ 6.279231, 6.305785, 6.406677, 6.494642 ] }, { "date": "2026-03-06", "close": 6.24, "volume": 206197399, "typical_volume": 154494387.4, "trend": 6.592543, "fair_value": 6.932488, "relative_strength": -22.343661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.015885, "energy": 46.793216, "activity_lines": [ 6.263618, 6.289113, 6.381177, 6.470492 ] }, { "date": "2026-03-13", "close": 6.23, "volume": 130733721, "typical_volume": 152193726.05, "trend": 6.5701, "fair_value": 6.933809, "relative_strength": -22.563432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.920263, "energy": 45.36457, "activity_lines": [ 6.250317, 6.273432, 6.357313, 6.447102 ] }, { "date": "2026-03-20", "close": 6.02, "volume": 151055081, "typical_volume": 153769563.85, "trend": 6.540658, "fair_value": 6.933407, "relative_strength": -22.390354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.467662, "energy": 56.314458, "activity_lines": [ 6.170667, 6.223105, 6.31542, 6.411612 ] }, { "date": "2026-03-27", "close": 5.85, "volume": 142446557, "typical_volume": 153357365.75, "trend": 6.503221, "fair_value": 6.931728, "relative_strength": -23.431354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.023502, "energy": 79.696602, "activity_lines": [ 6.052667, 6.147408, 6.260688, 6.367053 ] }, { "date": "2026-04-03", "close": 5.77, "volume": 139818481, "typical_volume": 151702327.0, "trend": 6.466775, "fair_value": 6.929787, "relative_strength": -21.575579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.68694, "energy": 90.720906, "activity_lines": [ 5.934, 6.068154, 6.202497, 6.319749 ] }, { "date": "2026-04-10", "close": 5.74, "volume": 107418957, "typical_volume": 147204616.1, "trend": 6.430327, "fair_value": 6.927465, "relative_strength": -26.487979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.446375, "energy": 91.94747, "activity_lines": [ 5.84, 5.992805, 6.146655, 6.27286 ] }, { "date": "2026-04-17", "close": 5.7, "volume": 139650606, "typical_volume": 145237704.1, "trend": 6.393211, "fair_value": 6.92363, "relative_strength": -29.048047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.48647, "energy": 90.488586, "activity_lines": [ 5.766, 5.920814, 6.092306, 6.225742 ] }, { "date": "2026-04-24", "close": 5.500429, "volume": 118423071, "typical_volume": 145572248.95, "trend": 6.351437, "fair_value": 6.91814, "relative_strength": -30.981795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.749938, "energy": 94.20684, "activity_lines": [ 5.66081, 5.823169, 6.023207, 6.168143 ] }, { "date": "2026-05-01", "close": 5.520286, "volume": 111417145, "typical_volume": 145850561.95, "trend": 6.313318, "fair_value": 6.911773, "relative_strength": -30.731924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.958645, "energy": 89.211889, "activity_lines": [ 5.596876, 5.743577, 5.961302, 6.114521 ] }, { "date": "2026-05-08", "close": 5.639429, "volume": 99012423, "typical_volume": 144093581.05, "trend": 6.278838, "fair_value": 6.908053, "relative_strength": -30.5247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.699481, "energy": 79.551421, "activity_lines": [ 5.594638, 5.698733, 5.915952, 6.071044 ] }, { "date": "2026-05-15", "close": 5.401143, "volume": 174943301, "typical_volume": 145261765.25, "trend": 6.232757, "fair_value": 6.901424, "relative_strength": -32.668639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.549878, "energy": 75.265107, "activity_lines": [ 5.521676, 5.622392, 5.851646, 6.014418 ] }, { "date": "2026-05-22", "close": 5.192643, "volume": 138482758, "typical_volume": 146157616.55, "trend": 6.184382, "fair_value": 6.892705, "relative_strength": -34.620873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.262998, "energy": 73.826495, "activity_lines": [ 5.401805, 5.523395, 5.772213, 5.947314 ] }, { "date": "2026-05-29", "close": 5.272071, "volume": 164592680, "typical_volume": 151641155.3, "trend": 6.135994, "fair_value": 6.885814, "relative_strength": -32.693085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.272536, "energy": 68.914177, "activity_lines": [ 5.342233, 5.4577, 5.706211, 5.888455 ] }, { "date": "2026-06-05", "close": 5.152929, "volume": 33549494, "typical_volume": 146225507.5, "trend": 6.083635, "fair_value": 6.878033, "relative_strength": -32.222247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.76246, "energy": 75.011074, "activity_lines": [ 5.258172, 5.383942, 5.633874, 5.825032 ] }, { "date": "2026-06-12", "close": 4.974215, "volume": 204227782, "typical_volume": 145095466.4, "trend": 6.020663, "fair_value": 6.867349, "relative_strength": -32.116481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.407831, "energy": 77.20604, "activity_lines": [ 5.139029, 5.290364, 5.550714, 5.753456 ] }, { "date": "2026-06-19", "close": 4.616786, "volume": 280633897, "typical_volume": 149704302.95, "trend": 5.946109, "fair_value": 6.855253, "relative_strength": -40.279619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.414757, "energy": 86.540929, "activity_lines": [ 4.945091, 5.146268, 5.439754, 5.662884 ] }, { "date": "2026-06-26", "close": 4.31, "volume": 49316962, "typical_volume": 135613695.45, "trend": 5.869975, "fair_value": 6.838427, "relative_strength": -42.453004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.710613, "energy": 97.363646, "activity_lines": [ 4.701181, 4.966815, 5.307709, 5.557328 ] }, { "date": "2026-07-03", "close": 4.61, "volume": 61828763, "typical_volume": 132126098.3, "trend": 5.803176, "fair_value": 6.820623, "relative_strength": -36.787221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.311026, "energy": 86.620028, "activity_lines": [ 4.616114, 4.867179, 5.213639, 5.47604 ] }, { "date": "2026-07-10", "close": 4.58, "volume": 329680924, "typical_volume": 143824443.5, "trend": 5.735377, "fair_value": 6.802248, "relative_strength": -33.968577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.285233, "energy": 84.400993, "activity_lines": [ 4.565186, 4.778279, 5.124735, 5.397125 ] }, { "date": "2026-07-17", "close": 5.09, "volume": 527857888, "typical_volume": 165564394.5, "trend": 5.690896, "fair_value": 6.787521, "relative_strength": -18.52165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.054962, "energy": 62.907611, "activity_lines": [ 4.722452, 4.799203, 5.092306, 5.355488 ] }, { "date": "2026-07-24", "close": 4.98, "volume": 420307081, "typical_volume": 176269878.6, "trend": 5.643746, "fair_value": 6.773034, "relative_strength": -19.732269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.455259, "energy": 43.664198, "activity_lines": [ 4.835333, 4.810116, 5.055116, 5.309623 ] }, { "date": "2026-07-31", "close": 5.18, "volume": 265043051, "typical_volume": 182985345.1, "trend": 5.602265, "fair_value": 6.759262, "relative_strength": -14.410906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.056239, "energy": 25.839272, "activity_lines": [ 4.990667, 4.865049, 5.042974, 5.279704 ] }, { "date": "2026-08-07", "close": 5.04, "volume": 293791093, "typical_volume": 190122145.7, "trend": 5.559442, "fair_value": 6.744025, "relative_strength": -20.035352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.673274, "energy": 28.059995, "activity_lines": [ 5.041333, 4.894758, 5.022498, 5.243429 ] } ], "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." } } }