{ "ticker": { "uuid": "4437f842-7717-489d-86d8-e9ab2ed76b8a", "symbol": "600050", "name": "China United Network Communications Limited", "exchange": "SHH", "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": "000001.SS", "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": -27.9, "architecture_energy": 21.323, "architecture_maturity": 100.0, "architecture_confidence": 70.669, "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": 45.1, "rotation_up": 35.15, "upward_expansion": 20.58, "deceleration": 44.11, "rotation_down": 21.8, "downward_expansion": 54.58 }, "activity_lines": [ 4.354667, 4.284759, 4.317796, 4.412738 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 4.3, "trend_reference": 4.582786, "distance_from_trend": -0.061706, "trend_direction": "Weakening", "fair_value": 4.801153, "distance_from_fair_value": -0.104382, "fair_value_direction": "Weakening", "relative_strength": -12.109912, "relative_strength_direction": "Improving", "price_momentum": -0.158513, "excess_performance": -0.115309, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.061706, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.071233, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.104382, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.028284, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.121099, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.08988, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.158513, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.074489, "read": "Demand-led" } ], "volume": { "latest": 943095738, "relative_activity": 1.195255, "balance": 1.074489, "dry_up": 1.168596, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.050021, "annualized_volatility": 0.217579, "from_high_reference": -0.262535, "from_low_reference": 0.069652 }, "levels": { "trend_reference": 4.582786, "fair_value_reference": 4.801153, "structural_low": 4.02, "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": 24, "median_return": -0.005548, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.014206, "regime_survival": 0.833333, "best_return": 0.20297, "worst_return": -0.088312, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.004875, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.013292, "regime_survival": 0.6, "best_return": 0.043136, "worst_return": -0.128367, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.070565, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.025191, "regime_survival": 0.5, "best_return": 0.163667, "worst_return": -0.19602, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.112685, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.017003, "regime_survival": 0.333333, "best_return": -0.064435, "worst_return": -0.217851, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-07-19", "tenure": "Established", "return": 0.039158, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-09-06", "tenure": "Developing", "return": -0.008602, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.111857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-13", "tenure": "Developing", "return": -0.005638, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-24", "tenure": "Developing", "return": -0.075901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.06953, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.065217, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-06-20", "tenure": "Developing", "return": -0.029575, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.018832, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.009174, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.079796, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-12-19", "tenure": "Established", "return": -0.024824, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.001946, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-08-07", "tenure": "Extended", "return": -0.160156, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.88986, "volume": 1385196927, "typical_volume": 1710506353.35, "trend": 4.802296, "fair_value": 3.868471, "relative_strength": 13.824304, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.825793, "energy": 15.406024, "activity_lines": [ 4.708867, 4.632475, 4.694891, 4.773882 ] }, { "date": "2023-08-04", "close": 5.055931, "volume": 2014357354, "typical_volume": 1600518705.35, "trend": 4.834273, "fair_value": 3.872383, "relative_strength": 16.238328, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.223242, "energy": 21.901446, "activity_lines": [ 4.856031, 4.716095, 4.717535, 4.790246 ] }, { "date": "2023-08-11", "close": 4.852956, "volume": 1999716591, "typical_volume": 1534551511.25, "trend": 4.843939, "fair_value": 3.87527, "relative_strength": 14.079387, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.600783, "energy": 22.702549, "activity_lines": [ 4.89109, 4.750189, 4.723552, 4.791451 ] }, { "date": "2023-08-18", "close": 4.668433, "volume": 1613091424, "typical_volume": 1491475943.65, "trend": 4.84532, "fair_value": 3.877086, "relative_strength": 10.873597, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.787085, "energy": 17.974845, "activity_lines": [ 4.829583, 4.746459, 4.712835, 4.780128 ] }, { "date": "2023-08-25", "close": 4.723789, "volume": 2466637154, "typical_volume": 1511366603.65, "trend": 4.834221, "fair_value": 3.879532, "relative_strength": 13.764563, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.465685, "energy": 11.55647, "activity_lines": [ 4.790218, 4.756197, 4.708761, 4.772287 ] }, { "date": "2023-09-01", "close": 4.797598, "volume": 1576734713, "typical_volume": 1470547089.95, "trend": 4.834421, "fair_value": 3.880848, "relative_strength": 12.123501, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.354403, "energy": 10.204139, "activity_lines": [ 4.776686, 4.77776, 4.713432, 4.769925 ] }, { "date": "2023-09-08", "close": 4.779146, "volume": 1094888294, "typical_volume": 1381886006.15, "trend": 4.841932, "fair_value": 3.881878, "relative_strength": 11.414453, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.131406, "energy": 13.498864, "activity_lines": [ 4.763154, 4.789043, 4.718755, 4.766359 ] }, { "date": "2023-09-15", "close": 4.76992, "volume": 1045218840, "typical_volume": 1358495696.2, "trend": 4.850963, "fair_value": 3.88357, "relative_strength": 10.336787, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.310024, "energy": 11.34607, "activity_lines": [ 4.764999, 4.79156, 4.724435, 4.761713 ] }, { "date": "2023-09-22", "close": 4.714564, "volume": 744660737, "typical_volume": 1360554338.9, "trend": 4.850834, "fair_value": 3.885625, "relative_strength": 7.775278, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.934979, "energy": 11.720041, "activity_lines": [ 4.753928, 4.775959, 4.725817, 4.752913 ] }, { "date": "2023-09-29", "close": 4.530041, "volume": 653413296, "typical_volume": 1311714835.5, "trend": 4.816817, "fair_value": 3.88683, "relative_strength": 3.635026, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.042505, "energy": 21.33419, "activity_lines": [ 4.678274, 4.726977, 4.711081, 4.732216 ] }, { "date": "2023-10-13", "close": 4.594624, "volume": 741328045, "typical_volume": 1288606278.4, "trend": 4.795011, "fair_value": 3.888061, "relative_strength": 5.187834, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.132226, "energy": 28.384855, "activity_lines": [ 4.637064, 4.693595, 4.703828, 4.717881 ] }, { "date": "2023-10-20", "close": 4.354743, "volume": 807663609, "typical_volume": 1272440289.7, "trend": 4.752712, "fair_value": 3.888807, "relative_strength": 2.556939, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.927047, "energy": 53.171407, "activity_lines": [ 4.529425, 4.621966, 4.673579, 4.689477 ] }, { "date": "2023-10-27", "close": 4.179447, "volume": 1100530327, "typical_volume": 1271654694.4, "trend": 4.724383, "fair_value": 3.88876, "relative_strength": -3.204899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.430453, "energy": 69.196379, "activity_lines": [ 4.391648, 4.531215, 4.626668, 4.652492 ] }, { "date": "2023-11-03", "close": 4.105637, "volume": 770703140, "typical_volume": 1249842599.8, "trend": 4.696031, "fair_value": 3.887853, "relative_strength": -5.751942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.102093, "energy": 76.115376, "activity_lines": [ 4.268633, 4.439289, 4.574815, 4.612573 ] }, { "date": "2023-11-10", "close": 4.105637, "volume": 782409596, "typical_volume": 1239135881.5, "trend": 4.663412, "fair_value": 3.886891, "relative_strength": -6.410091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.013891, "energy": 80.337734, "activity_lines": [ 4.186212, 4.357595, 4.526534, 4.574483 ] }, { "date": "2023-11-17", "close": 4.12409, "volume": 641925231, "typical_volume": 1233721548.2, "trend": 4.624093, "fair_value": 3.886102, "relative_strength": -6.815615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.516129, "energy": 79.422671, "activity_lines": [ 4.138236, 4.290496, 4.482536, 4.539688 ] }, { "date": "2023-11-24", "close": 4.160995, "volume": 962030079, "typical_volume": 1231618864.65, "trend": 4.594844, "fair_value": 3.88638, "relative_strength": -5.992374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.313035, "energy": 75.755201, "activity_lines": [ 4.133931, 4.242352, 4.443446, 4.509811 ] }, { "date": "2023-12-01", "close": 4.114863, "volume": 834914740, "typical_volume": 1232871258.85, "trend": 4.56619, "fair_value": 3.885753, "relative_strength": -7.044686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.299422, "energy": 72.324535, "activity_lines": [ 4.127165, 4.19706, 4.40105, 4.478844 ] }, { "date": "2023-12-08", "close": 4.079851, "volume": 759532631, "typical_volume": 1204500889.55, "trend": 4.534846, "fair_value": 3.885455, "relative_strength": -6.087709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.839046, "energy": 60.790656, "activity_lines": [ 4.113034, 4.157312, 4.35633, 4.447467 ] }, { "date": "2023-12-15", "close": 4.07045, "volume": 599580854, "typical_volume": 1129726679.1, "trend": 4.510198, "fair_value": 3.884932, "relative_strength": -5.456726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.581678, "energy": 53.395874, "activity_lines": [ 4.097488, 4.127395, 4.31378, 4.417506 ] }, { "date": "2023-12-22", "close": 4.014046, "volume": 583434632, "typical_volume": 1089638564.35, "trend": 4.4919, "fair_value": 3.883437, "relative_strength": -5.835712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.89138, "energy": 56.724494, "activity_lines": [ 4.065487, 4.09558, 4.269058, 4.385497 ] }, { "date": "2023-12-29", "close": 4.117453, "volume": 861319593, "typical_volume": 1031986676.3, "trend": 4.483755, "fair_value": 3.883104, "relative_strength": -5.346951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.609402, "energy": 48.177246, "activity_lines": [ 4.075291, 4.093121, 4.238355, 4.361339 ] }, { "date": "2024-01-05", "close": 3.995245, "volume": 688578836, "typical_volume": 966429788.55, "trend": 4.463002, "fair_value": 3.882873, "relative_strength": -6.626978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.065759, "energy": 50.781057, "activity_lines": [ 4.047262, 4.072757, 4.200481, 4.329822 ] }, { "date": "2024-01-12", "close": 3.760231, "volume": 767173688, "typical_volume": 924133901.75, "trend": 4.42649, "fair_value": 3.881024, "relative_strength": -10.655028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.864783, "energy": 63.74793, "activity_lines": [ 3.948869, 4.013012, 4.14431, 4.284482 ] }, { "date": "2024-01-19", "close": 3.797833, "volume": 748995732, "typical_volume": 838251830.65, "trend": 4.398546, "fair_value": 3.880524, "relative_strength": -8.052065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.827518, "energy": 74.314595, "activity_lines": [ 3.884318, 3.966384, 4.096045, 4.243923 ] }, { "date": "2024-01-26", "close": 4.277263, "volume": 2125787802, "typical_volume": 865704485.1, "trend": 4.393899, "fair_value": 3.883262, "relative_strength": 0.752936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.589975, "energy": 42.431631, "activity_lines": [ 3.997752, 4.012522, 4.097849, 4.236099 ] }, { "date": "2024-02-02", "close": 4.183257, "volume": 2215218416, "typical_volume": 921720991.2, "trend": 4.387033, "fair_value": 3.886283, "relative_strength": 5.060852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.567397, "energy": 28.355568, "activity_lines": [ 4.062303, 4.038783, 4.093178, 4.222509 ] }, { "date": "2024-02-09", "close": 4.286663, "volume": 1436150962, "typical_volume": 941267597.3, "trend": 4.385687, "fair_value": 3.888142, "relative_strength": 2.521223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.809851, "energy": 17.518957, "activity_lines": [ 4.156935, 4.08344, 4.101192, 4.216033 ] }, { "date": "2024-02-23", "close": 4.568681, "volume": 1742491100, "typical_volume": 991159115.45, "trend": 4.380516, "fair_value": 3.893412, "relative_strength": 4.042606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.25282, "energy": 27.306365, "activity_lines": [ 4.326146, 4.176249, 4.138367, 4.227839 ] }, { "date": "2024-03-01", "close": 4.54988, "volume": 1370366974, "typical_volume": 1027006799.35, "trend": 4.374104, "fair_value": 3.899392, "relative_strength": 2.711154, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.496129, "energy": 36.612355, "activity_lines": [ 4.435193, 4.256752, 4.174446, 4.238766 ] }, { "date": "2024-03-08", "close": 4.540479, "volume": 1116425858, "typical_volume": 1045761690.0, "trend": 4.362458, "fair_value": 3.906198, "relative_strength": 1.797504, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.679343, "energy": 48.163716, "activity_lines": [ 4.490969, 4.32683, 4.209535, 4.2495 ] }, { "date": "2024-03-15", "close": 4.333667, "volume": 932027457, "typical_volume": 1051979882.4, "trend": 4.338383, "fair_value": 3.911345, "relative_strength": -2.795532, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.658953, "energy": 44.24979, "activity_lines": [ 4.460261, 4.349733, 4.225185, 4.247643 ] }, { "date": "2024-03-22", "close": 4.380669, "volume": 986255184, "typical_volume": 1046266125.25, "trend": 4.32264, "fair_value": 3.915134, "relative_strength": -1.284223, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.636736, "energy": 24.289131, "activity_lines": [ 4.435193, 4.377251, 4.245413, 4.250371 ] }, { "date": "2024-03-29", "close": 4.390069, "volume": 760745886, "typical_volume": 1045768262.55, "trend": 4.313361, "fair_value": 3.919315, "relative_strength": -0.472335, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.069331, "energy": 19.269462, "activity_lines": [ 4.406991, 4.39947, 4.265577, 4.254721 ] }, { "date": "2024-04-05", "close": 4.390069, "volume": 440487471, "typical_volume": 1028672156.3, "trend": 4.302237, "fair_value": 3.922943, "relative_strength": -1.240751, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.305461, "energy": 10.835992, "activity_lines": [ 4.390696, 4.410238, 4.284387, 4.25967 ] }, { "date": "2024-04-12", "close": 4.249061, "volume": 773881760, "typical_volume": 1035269982.75, "trend": 4.283952, "fair_value": 3.92539, "relative_strength": -2.697288, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.777027, "energy": 6.298845, "activity_lines": [ 4.338053, 4.3846, 4.288413, 4.256239 ] }, { "date": "2024-04-19", "close": 4.54988, "volume": 1507744631, "typical_volume": 1062555710.35, "trend": 4.27631, "fair_value": 3.930374, "relative_strength": 2.694509, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.28896, "energy": 14.034216, "activity_lines": [ 4.405111, 4.414169, 4.320493, 4.273396 ] }, { "date": "2024-04-26", "close": 4.474675, "volume": 843548105, "typical_volume": 1062987378.6, "trend": 4.266469, "fair_value": 3.93554, "relative_strength": 0.419834, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.6929, "energy": 26.251519, "activity_lines": [ 4.432686, 4.423399, 4.343559, 4.286193 ] }, { "date": "2024-05-03", "close": 4.408871, "volume": 528972883, "typical_volume": 1051459391.2, "trend": 4.256279, "fair_value": 3.940118, "relative_strength": -1.433266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.390315, "energy": 26.235249, "activity_lines": [ 4.432059, 4.417246, 4.358645, 4.295381 ] }, { "date": "2024-05-10", "close": 4.390069, "volume": 888275321, "typical_volume": 1065894114.55, "trend": 4.251613, "fair_value": 3.945074, "relative_strength": -3.264763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.669115, "energy": 33.849638, "activity_lines": [ 4.423912, 4.41058, 4.370373, 4.304012 ] }, { "date": "2024-05-17", "close": 4.361867, "volume": 759790162, "typical_volume": 1074711891.05, "trend": 4.243855, "fair_value": 3.949794, "relative_strength": -3.712539, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.926945, "energy": 22.662826, "activity_lines": [ 4.406364, 4.401692, 4.377894, 4.311125 ] }, { "date": "2024-05-24", "close": 4.333667, "volume": 738715920, "typical_volume": 1068581707.4, "trend": 4.243152, "fair_value": 3.954388, "relative_strength": -2.229631, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.44306, "energy": 16.176663, "activity_lines": [ 4.371895, 4.390924, 4.381072, 4.31692 ] }, { "date": "2024-05-31", "close": 4.296064, "volume": 703353211, "typical_volume": 1069320426.15, "trend": 4.247039, "fair_value": 3.958409, "relative_strength": -3.016081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.333111, "energy": 11.705448, "activity_lines": [ 4.339307, 4.37332, 4.379639, 4.320333 ] }, { "date": "2024-06-07", "close": 4.296064, "volume": 629653492, "typical_volume": 1062444416.35, "trend": 4.253387, "fair_value": 3.962098, "relative_strength": -1.952598, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.692359, "energy": 11.940154, "activity_lines": [ 4.318625, 4.357253, 4.376775, 4.323496 ] }, { "date": "2024-06-14", "close": 4.239661, "volume": 719445149, "typical_volume": 1060966887.2, "trend": 4.257854, "fair_value": 3.96526, "relative_strength": -2.603682, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.008856, "energy": 14.530833, "activity_lines": [ 4.286664, 4.332641, 4.365986, 4.322611 ] }, { "date": "2024-06-21", "close": 4.296064, "volume": 613746262, "typical_volume": 985364810.2, "trend": 4.263587, "fair_value": 3.968617, "relative_strength": -0.079126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.60573, "energy": 17.067481, "activity_lines": [ 4.28353, 4.321018, 4.358466, 4.325076 ] }, { "date": "2024-06-28", "close": 4.418271, "volume": 860786105, "typical_volume": 917643194.65, "trend": 4.272163, "fair_value": 3.972923, "relative_strength": 3.726635, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.872665, "energy": 11.705369, "activity_lines": [ 4.325519, 4.330761, 4.362495, 4.335056 ] }, { "date": "2024-07-05", "close": 4.437072, "volume": 684320295, "typical_volume": 880051661.3, "trend": 4.282903, "fair_value": 3.977516, "relative_strength": 4.612521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.783569, "energy": 16.466846, "activity_lines": [ 4.368135, 4.346314, 4.367195, 4.345695 ] }, { "date": "2024-07-12", "close": 4.493476, "volume": 706442998, "typical_volume": 828249256.2, "trend": 4.296691, "fair_value": 3.981143, "relative_strength": 4.981949, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.277256, "energy": 30.071172, "activity_lines": [ 4.420151, 4.372807, 4.376551, 4.35928 ] }, { "date": "2024-07-19", "close": 4.561975, "volume": 846293728, "typical_volume": 802045593.9, "trend": 4.313075, "fair_value": 3.985319, "relative_strength": 5.939714, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.788664, "energy": 58.948898, "activity_lines": [ 4.48184, 4.410215, 4.392788, 4.376395 ] }, { "date": "2024-07-26", "close": 4.419414, "volume": 877818085, "typical_volume": 790115205.25, "trend": 4.326587, "fair_value": 3.988969, "relative_strength": 5.776069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.391072, "energy": 54.824895, "activity_lines": [ 4.474521, 4.418578, 4.395391, 4.383256 ] }, { "date": "2024-08-02", "close": 4.523959, "volume": 923132916, "typical_volume": 789670478.2, "trend": 4.340137, "fair_value": 3.993922, "relative_strength": 7.654032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.263116, "energy": 58.865228, "activity_lines": [ 4.493827, 4.444903, 4.408527, 4.39599 ] }, { "date": "2024-08-09", "close": 4.295859, "volume": 673568085, "typical_volume": 774036123.25, "trend": 4.350158, "fair_value": 3.997918, "relative_strength": 3.755633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.335297, "energy": 19.234801, "activity_lines": [ 4.430053, 4.426295, 4.399033, 4.393133 ] }, { "date": "2024-08-16", "close": 4.495446, "volume": 757416559, "typical_volume": 773869656.9, "trend": 4.374665, "fair_value": 4.003194, "relative_strength": 7.892418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.14181, "energy": 18.967975, "activity_lines": [ 4.442223, 4.44398, 4.408951, 4.402506 ] }, { "date": "2024-08-23", "close": 4.552471, "volume": 697887378, "typical_volume": 786739652.25, "trend": 4.399819, "fair_value": 4.008554, "relative_strength": 10.113179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.676087, "energy": 28.513782, "activity_lines": [ 4.47327, 4.468407, 4.423799, 4.413978 ] }, { "date": "2024-08-30", "close": 4.409909, "volume": 685287095, "typical_volume": 782309919.0, "trend": 4.404241, "fair_value": 4.013675, "relative_strength": 7.034395, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.126747, "energy": 14.334589, "activity_lines": [ 4.45743, 4.461227, 4.424295, 4.414629 ] }, { "date": "2024-09-06", "close": 4.381397, "volume": 556758715, "typical_volume": 734760623.2, "trend": 4.410846, "fair_value": 4.018388, "relative_strength": 9.218629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.272404, "energy": 13.855777, "activity_lines": [ 4.432719, 4.446793, 4.421311, 4.413155 ] }, { "date": "2024-09-13", "close": 4.248339, "volume": 496449092, "typical_volume": 717405672.55, "trend": 4.409568, "fair_value": 4.021855, "relative_strength": 8.261576, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.630088, "energy": 20.881697, "activity_lines": [ 4.37316, 4.408836, 4.406456, 4.402671 ] }, { "date": "2024-09-20", "close": 4.267347, "volume": 375084505, "typical_volume": 709711253.65, "trend": 4.399524, "fair_value": 4.025725, "relative_strength": 7.408902, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.13495, "energy": 36.164268, "activity_lines": [ 4.323105, 4.377768, 4.394489, 4.393495 ] }, { "date": "2024-09-27", "close": 4.723545, "volume": 1089310715, "typical_volume": 719763023.35, "trend": 4.405313, "fair_value": 4.032688, "relative_strength": 5.386477, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.365849, "energy": 23.727947, "activity_lines": [ 4.440322, 4.433756, 4.426644, 4.4144 ] }, { "date": "2024-10-04", "close": 5.084701, "volume": 602375374, "typical_volume": 711892283.95, "trend": 4.423453, "fair_value": 4.041516, "relative_strength": 4.952776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.781514, "energy": 69.541868, "activity_lines": [ 4.66652, 4.552471, 4.491607, 4.458231 ] }, { "date": "2024-10-11", "close": 4.875611, "volume": 2128324867, "typical_volume": 781372731.3, "trend": 4.441518, "fair_value": 4.048498, "relative_strength": 4.269978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.500264, "energy": 70.811262, "activity_lines": [ 4.778035, 4.621073, 4.533214, 4.487403 ] }, { "date": "2024-10-18", "close": 4.913627, "volume": 1062257707, "typical_volume": 799317956.1, "trend": 4.459283, "fair_value": 4.056679, "relative_strength": 3.645393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.440536, "energy": 75.006043, "activity_lines": [ 4.869275, 4.690194, 4.575861, 4.517861 ] }, { "date": "2024-10-25", "close": 4.809082, "volume": 1228605737, "typical_volume": 829265568.35, "trend": 4.47325, "fair_value": 4.064246, "relative_strength": 0.270938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.253184, "energy": 73.077107, "activity_lines": [ 4.881313, 4.729075, 4.605611, 4.540429 ] }, { "date": "2024-11-01", "close": 4.881689, "volume": 1116173078, "typical_volume": 849101964.8, "trend": 4.489638, "fair_value": 4.072447, "relative_strength": 2.500939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.69698, "energy": 55.149731, "activity_lines": [ 4.881438, 4.775454, 4.639832, 4.56678 ] }, { "date": "2024-11-08", "close": 5.026978, "volume": 1374749184, "typical_volume": 887152110.9, "trend": 4.515568, "fair_value": 4.081187, "relative_strength": -0.094416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.190127, "energy": 49.873633, "activity_lines": [ 4.91945, 4.842264, 4.684834, 4.601447 ] }, { "date": "2024-11-15", "close": 5.627502, "volume": 4605867234, "typical_volume": 1074406167.35, "trend": 4.551489, "fair_value": 4.093551, "relative_strength": 15.406931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.308056, "energy": 69.481689, "activity_lines": [ 5.161485, 5.00704, 4.783548, 4.673185 ] }, { "date": "2024-11-22", "close": 5.036663, "volume": 5041718404, "typical_volume": 1292276072.8, "trend": 4.570222, "fair_value": 4.102745, "relative_strength": 5.034773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.242684, "energy": 47.179408, "activity_lines": [ 5.156448, 5.041735, 4.820233, 4.704486 ] }, { "date": "2024-11-29", "close": 4.988234, "volume": 2058554766, "typical_volume": 1359881661.2, "trend": 4.589534, "fair_value": 4.111798, "relative_strength": 1.996115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.844002, "energy": 44.231991, "activity_lines": [ 5.127065, 5.053291, 4.84945, 4.731455 ] }, { "date": "2024-12-06", "close": 5.036663, "volume": 2014010322, "typical_volume": 1418267490.9, "trend": 4.611087, "fair_value": 4.121329, "relative_strength": 0.477339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.966292, "energy": 40.272663, "activity_lines": [ 5.101881, 5.060545, 4.880924, 4.760302 ] }, { "date": "2024-12-13", "close": 5.056035, "volume": 2461599542, "typical_volume": 1497456563.75, "trend": 4.634226, "fair_value": 4.13121, "relative_strength": 1.072436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.099219, "energy": 27.434765, "activity_lines": [ 5.072824, 5.065629, 4.911983, 4.789008 ] }, { "date": "2024-12-20", "close": 5.104464, "volume": 2141273837, "typical_volume": 1558363609.8, "trend": 4.659919, "fair_value": 4.141352, "relative_strength": 2.584983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.172369, "energy": 23.022022, "activity_lines": [ 5.057972, 5.080039, 4.944622, 4.819346 ] }, { "date": "2024-12-27", "close": 5.201323, "volume": 2148530950, "typical_volume": 1632111753.05, "trend": 4.690095, "fair_value": 4.152455, "relative_strength": 3.340266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.816415, "energy": 30.633945, "activity_lines": [ 5.110276, 5.107899, 4.983721, 4.854275 ] }, { "date": "2025-01-03", "close": 4.765458, "volume": 1797969389, "typical_volume": 1684139394.55, "trend": 4.705741, "fair_value": 4.160765, "relative_strength": 0.114269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.347226, "energy": 15.865321, "activity_lines": [ 5.006314, 5.05128, 4.976998, 4.859137 ] }, { "date": "2025-01-10", "close": 4.629856, "volume": 1168534003, "typical_volume": 1707671725.8, "trend": 4.718748, "fair_value": 4.167978, "relative_strength": -1.541636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.745608, "energy": 10.986402, "activity_lines": [ 4.872003, 4.970799, 4.956075, 4.854241 ] }, { "date": "2025-01-17", "close": 4.707343, "volume": 833520025, "typical_volume": 1715083372.3, "trend": 4.732457, "fair_value": 4.175631, "relative_strength": -2.34362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.272927, "energy": 13.943969, "activity_lines": [ 4.790642, 4.908985, 4.942162, 4.853506 ] }, { "date": "2025-01-24", "close": 4.717029, "volume": 851226616, "typical_volume": 1729806767.35, "trend": 4.742416, "fair_value": 4.183574, "relative_strength": -2.605445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.44989, "energy": 24.103293, "activity_lines": [ 4.735755, 4.854745, 4.927756, 4.85251 ] }, { "date": "2025-01-31", "close": 4.736401, "volume": 199136247, "typical_volume": 1714941125.1, "trend": 4.752393, "fair_value": 4.191583, "relative_strength": -2.12855, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.964346, "energy": 28.851602, "activity_lines": [ 4.713155, 4.82058, 4.913597, 4.852122 ] }, { "date": "2025-02-07", "close": 5.065721, "volume": 1720223714, "typical_volume": 1782198085.55, "trend": 4.771468, "fair_value": 4.201363, "relative_strength": 2.993532, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 18.518887, "energy": 12.659666, "activity_lines": [ 4.831323, 4.851751, 4.928477, 4.872337 ] }, { "date": "2025-02-14", "close": 5.792162, "volume": 4619570480, "typical_volume": 1958711073.8, "trend": 4.812474, "fair_value": 4.215913, "relative_strength": 15.896338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.127598, "energy": 55.301454, "activity_lines": [ 5.17162, 5.013593, 5.008741, 4.938188 ] }, { "date": "2025-02-21", "close": 6.605777, "volume": 8059390989, "typical_volume": 2331561854.55, "trend": 4.885353, "fair_value": 4.235508, "relative_strength": 30.180822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.892426, "energy": 93.098353, "activity_lines": [ 5.705635, 5.309629, 5.161403, 5.053885 ] }, { "date": "2025-02-28", "close": 6.053682, "volume": 4794248041, "typical_volume": 2464858013.25, "trend": 4.936344, "fair_value": 4.253213, "relative_strength": 20.896835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.971473, "energy": 89.034051, "activity_lines": [ 5.929056, 5.477107, 5.254241, 5.129261 ] }, { "date": "2025-03-07", "close": 6.208656, "volume": 3098563200, "typical_volume": 2566673287.9, "trend": 5.000104, "fair_value": 4.270262, "relative_strength": 21.549841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.506718, "energy": 90.099963, "activity_lines": [ 6.115026, 5.655504, 5.356229, 5.211346 ] }, { "date": "2025-03-14", "close": 6.005252, "volume": 1869884678, "typical_volume": 2598737234.95, "trend": 5.050431, "fair_value": 4.286235, "relative_strength": 15.45658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.566261, "energy": 86.359678, "activity_lines": [ 6.135043, 5.778602, 5.432678, 5.276194 ] }, { "date": "2025-03-21", "close": 5.520957, "volume": 2885838871, "typical_volume": 2687220524.6, "trend": 5.082713, "fair_value": 4.299729, "relative_strength": 7.59515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.088656, "energy": 51.591789, "activity_lines": [ 5.930993, 5.791106, 5.457307, 5.306551 ] }, { "date": "2025-03-28", "close": 5.395041, "volume": 1334577417, "typical_volume": 2685211936.25, "trend": 5.115551, "fair_value": 4.312473, "relative_strength": 5.34463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.557177, "energy": 32.884221, "activity_lines": [ 5.703052, 5.764514, 5.466901, 5.326701 ] }, { "date": "2025-04-04", "close": 5.414413, "volume": 877131082, "typical_volume": 2498775128.65, "trend": 5.149985, "fair_value": 4.326194, "relative_strength": 5.764451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.597889, "energy": 25.448827, "activity_lines": [ 5.562284, 5.72894, 5.476587, 5.345982 ] }, { "date": "2025-04-11", "close": 5.240067, "volume": 2228188845, "typical_volume": 2358098650.7, "trend": 5.183043, "fair_value": 4.339366, "relative_strength": 5.360209, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.715366, "energy": 25.037136, "activity_lines": [ 5.406018, 5.648987, 5.470683, 5.351794 ] }, { "date": "2025-04-18", "close": 5.269125, "volume": 1154106172, "typical_volume": 2312876221.0, "trend": 5.216435, "fair_value": 4.353179, "relative_strength": 4.537654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.59158, "energy": 23.322157, "activity_lines": [ 5.324011, 5.565161, 5.466578, 5.357348 ] }, { "date": "2025-04-25", "close": 5.152894, "volume": 940930573, "typical_volume": 2259222233.55, "trend": 5.230747, "fair_value": 4.365849, "relative_strength": 1.516926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.612774, "energy": 19.719746, "activity_lines": [ 5.252336, 5.456503, 5.450066, 5.353248 ] }, { "date": "2025-05-02", "close": 5.152894, "volume": 486996110, "typical_volume": 2160492061.95, "trend": 5.23302, "fair_value": 4.378633, "relative_strength": 1.820652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.605887, "energy": 23.532926, "activity_lines": [ 5.205198, 5.359468, 5.433001, 5.348226 ] }, { "date": "2025-05-09", "close": 5.259439, "volume": 1006381434, "typical_volume": 2103747441.8, "trend": 5.245814, "fair_value": 4.392271, "relative_strength": 1.737044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.728941, "energy": 20.496368, "activity_lines": [ 5.209718, 5.30822, 5.425621, 5.34993 ] }, { "date": "2025-05-16", "close": 5.21101, "volume": 1266654985, "typical_volume": 2059653643.55, "trend": 5.255727, "fair_value": 4.405655, "relative_strength": -0.166125, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.659136, "energy": 20.602054, "activity_lines": [ 5.208427, 5.262609, 5.412891, 5.347685 ] }, { "date": "2025-05-23", "close": 5.21101, "volume": 910866671, "typical_volume": 2015298507.65, "trend": 5.269125, "fair_value": 4.419039, "relative_strength": 0.212468, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.476426, "energy": 24.398141, "activity_lines": [ 5.209073, 5.235136, 5.400115, 5.3448 ] }, { "date": "2025-05-30", "close": 5.191638, "volume": 949129571, "typical_volume": 2004328286.05, "trend": 5.279456, "fair_value": 4.43264, "relative_strength": -0.330115, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.810618, "energy": 23.132933, "activity_lines": [ 5.207135, 5.218582, 5.383372, 5.3398 ] }, { "date": "2025-06-06", "close": 5.249753, "volume": 752753369, "typical_volume": 2000289953.25, "trend": 5.286882, "fair_value": 4.446329, "relative_strength": -0.517399, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -4.867238, "energy": 17.539116, "activity_lines": [ 5.221987, 5.218582, 5.369489, 5.337884 ] }, { "date": "2025-06-13", "close": 5.104464, "volume": 1196819704, "typical_volume": 2017569607.65, "trend": 5.269447, "fair_value": 4.458916, "relative_strength": -3.166729, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.677304, "energy": 26.969055, "activity_lines": [ 5.181952, 5.194808, 5.339186, 5.326115 ] }, { "date": "2025-06-20", "close": 5.085093, "volume": 777753566, "typical_volume": 2046500473.6, "trend": 5.271062, "fair_value": 4.471664, "relative_strength": -3.139344, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.44686, "energy": 44.641461, "activity_lines": [ 5.145791, 5.173146, 5.305193, 5.314221 ] }, { "date": "2025-06-27", "close": 5.203609, "volume": 993144254, "typical_volume": 2010146500.6, "trend": 5.278241, "fair_value": 4.485285, "relative_strength": -2.780764, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -27.641196, "energy": 34.027489, "activity_lines": [ 5.15753, 5.175851, 5.280827, 5.30987 ] }, { "date": "2025-07-04", "close": 5.233008, "volume": 670866903, "typical_volume": 1812711321.75, "trend": 5.284786, "fair_value": 4.498924, "relative_strength": -3.589092, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -26.13942, "energy": 27.486277, "activity_lines": [ 5.179562, 5.185093, 5.258604, 5.306951 ] }, { "date": "2025-07-11", "close": 5.301605, "volume": 1163839105, "typical_volume": 1467933727.55, "trend": 5.292971, "fair_value": 4.512831, "relative_strength": -3.376418, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -11.212049, "energy": 13.176894, "activity_lines": [ 5.221702, 5.20535, 5.245577, 5.308036 ] }, { "date": "2025-07-18", "close": 5.340804, "volume": 1303997778, "typical_volume": 1293421214.4, "trend": 5.300849, "fair_value": 4.527275, "relative_strength": -3.309224, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.264931, "energy": 11.783464, "activity_lines": [ 5.273452, 5.23003, 5.242494, 5.311122 ] }, { "date": "2025-07-25", "close": 5.360403, "volume": 1495648143, "typical_volume": 1213275461.55, "trend": 5.306152, "fair_value": 4.541677, "relative_strength": -4.508725, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.15415, "energy": 22.469271, "activity_lines": [ 5.315978, 5.256794, 5.244672, 5.314965 ] }, { "date": "2025-08-01", "close": 5.213408, "volume": 1457084903, "typical_volume": 1192635472.8, "trend": 5.321084, "fair_value": 4.555425, "relative_strength": -6.141, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.701979, "energy": 17.633319, "activity_lines": [ 5.291152, 5.254116, 5.236889, 5.308981 ] }, { "date": "2025-08-08", "close": 5.262406, "volume": 1060546474, "typical_volume": 1101370852.95, "trend": 5.342169, "fair_value": 4.569717, "relative_strength": -7.157231, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.111919, "energy": 14.43842, "activity_lines": [ 5.282006, 5.260303, 5.237544, 5.305195 ] }, { "date": "2025-08-15", "close": 5.291805, "volume": 1581292911, "typical_volume": 1113706627.65, "trend": 5.361651, "fair_value": 4.58391, "relative_strength": -8.048184, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.221688, "energy": 11.1361, "activity_lines": [ 5.280699, 5.270548, 5.24223, 5.301946 ] }, { "date": "2025-08-22", "close": 5.771987, "volume": 3878612108, "typical_volume": 1263780678.95, "trend": 5.396816, "fair_value": 4.601123, "relative_strength": -2.982642, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.562, "energy": 48.860209, "activity_lines": [ 5.440106, 5.367335, 5.293139, 5.328419 ] }, { "date": "2025-08-29", "close": 5.585794, "volume": 3311082256, "typical_volume": 1317925349.5, "trend": 5.425129, "fair_value": 4.61743, "relative_strength": -6.775532, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.337344, "energy": 54.048823, "activity_lines": [ 5.508704, 5.418131, 5.324612, 5.340612 ] }, { "date": "2025-09-05", "close": 5.282006, "volume": 2229796211, "typical_volume": 1371709851.45, "trend": 5.432339, "fair_value": 4.63064, "relative_strength": -10.57556, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.904532, "energy": 31.969074, "activity_lines": [ 5.461012, 5.40459, 5.325507, 5.331378 ] }, { "date": "2025-09-12", "close": 5.566195, "volume": 5294973577, "typical_volume": 1589412001.65, "trend": 5.424806, "fair_value": 4.645729, "relative_strength": -7.024881, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.041115, "energy": 44.452949, "activity_lines": [ 5.503477, 5.441294, 5.353407, 5.340014 ] }, { "date": "2025-09-19", "close": 5.311405, "volume": 2221426381, "typical_volume": 1676133515.2, "trend": 5.381661, "fair_value": 4.659472, "relative_strength": -9.918625, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.238596, "energy": 13.436271, "activity_lines": [ 5.44076, 5.425615, 5.355072, 5.332697 ] }, { "date": "2025-09-26", "close": 5.301605, "volume": 1368774836, "typical_volume": 1694253185.3, "trend": 5.356592, "fair_value": 4.673153, "relative_strength": -10.110781, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.900267, "energy": 7.325628, "activity_lines": [ 5.373469, 5.407976, 5.35505, 5.327533 ] }, { "date": "2025-10-03", "close": 5.389802, "volume": 601840668, "typical_volume": 1661012469.45, "trend": 5.329296, "fair_value": 4.686996, "relative_strength": -9.74911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.82063, "energy": 14.294592, "activity_lines": [ 5.366936, 5.407085, 5.363226, 5.329675 ] }, { "date": "2025-10-10", "close": 5.419201, "volume": 716103042, "typical_volume": 1651274288.0, "trend": 5.309761, "fair_value": 4.701718, "relative_strength": -9.447563, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.641375, "energy": 16.70022, "activity_lines": [ 5.383269, 5.411005, 5.373351, 5.335475 ] }, { "date": "2025-10-17", "close": 5.331004, "volume": 1600483905, "typical_volume": 1683842004.7, "trend": 5.30343, "fair_value": 4.715874, "relative_strength": -9.458646, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.465997, "energy": 13.707642, "activity_lines": [ 5.361056, 5.395147, 5.374085, 5.336846 ] }, { "date": "2025-10-24", "close": 5.43, "volume": 1174626783, "typical_volume": 1704935675.4, "trend": 5.304595, "fair_value": 4.731413, "relative_strength": -10.265093, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.724291, "energy": 14.415931, "activity_lines": [ 5.387522, 5.396042, 5.383583, 5.345012 ] }, { "date": "2025-10-31", "close": 5.42, "volume": 1239197713, "typical_volume": 1707054575.85, "trend": 5.304781, "fair_value": 4.746427, "relative_strength": -10.395135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.068313, "energy": 18.816225, "activity_lines": [ 5.402748, 5.392605, 5.391271, 5.352457 ] }, { "date": "2025-11-07", "close": 5.51, "volume": 952493605, "typical_volume": 1715791577.8, "trend": 5.313779, "fair_value": 4.761961, "relative_strength": -9.79352, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.57954, "energy": 24.47833, "activity_lines": [ 5.440081, 5.411932, 5.406027, 5.365697 ] }, { "date": "2025-11-14", "close": 5.42, "volume": 1016322119, "typical_volume": 1716950471.05, "trend": 5.318808, "fair_value": 4.777493, "relative_strength": -10.737631, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.230216, "energy": 25.163183, "activity_lines": [ 5.4394, 5.416274, 5.410189, 5.37255 ] }, { "date": "2025-11-21", "close": 5.38, "volume": 1153790988, "typical_volume": 1741096675.3, "trend": 5.326378, "fair_value": 4.790986, "relative_strength": -7.639421, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.64632, "energy": 21.766915, "activity_lines": [ 5.425333, 5.410834, 5.40951, 5.376498 ] }, { "date": "2025-11-28", "close": 5.4, "volume": 774666799, "typical_volume": 1721638060.0, "trend": 5.334615, "fair_value": 4.805261, "relative_strength": -8.447862, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.02693, "energy": 19.491299, "activity_lines": [ 5.414667, 5.412415, 5.410037, 5.381248 ] }, { "date": "2025-12-05", "close": 5.35, "volume": 885279816, "typical_volume": 1700702161.9, "trend": 5.337634, "fair_value": 4.817399, "relative_strength": -9.501046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.50651, "energy": 7.971185, "activity_lines": [ 5.389333, 5.403295, 5.405333, 5.38224 ] }, { "date": "2025-12-12", "close": 5.23, "volume": 827109083, "typical_volume": 1667275208.9, "trend": 5.338267, "fair_value": 4.826481, "relative_strength": -11.05993, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.017815, "energy": 24.336367, "activity_lines": [ 5.328667, 5.371477, 5.389157, 5.375296 ] }, { "date": "2025-12-19", "close": 5.17, "volume": 689509275, "typical_volume": 1628896427.5, "trend": 5.3369, "fair_value": 4.831838, "relative_strength": -11.896013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.630191, "energy": 46.294923, "activity_lines": [ 5.266667, 5.331655, 5.367887, 5.36444 ] }, { "date": "2025-12-26", "close": 5.14, "volume": 504563720, "typical_volume": 1601097289.8, "trend": 5.335179, "fair_value": 4.835771, "relative_strength": -13.769453, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.185996, "energy": 60.740984, "activity_lines": [ 5.211333, 5.290909, 5.343967, 5.351737 ] }, { "date": "2026-01-02", "close": 5.11, "volume": 361656693, "typical_volume": 1540115478.9, "trend": 5.33052, "fair_value": 4.840157, "relative_strength": -14.168686, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.683928, "energy": 67.160366, "activity_lines": [ 5.162, 5.248182, 5.317773, 5.33721 ] }, { "date": "2026-01-09", "close": 5.42, "volume": 1607355465, "typical_volume": 1426552646.75, "trend": 5.341038, "fair_value": 4.846765, "relative_strength": -12.146676, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.401198, "energy": 36.566088, "activity_lines": [ 5.235333, 5.267636, 5.321968, 5.342982 ] }, { "date": "2026-01-16", "close": 5.15, "volume": 2097775251, "typical_volume": 1365887296.5, "trend": 5.343202, "fair_value": 4.853517, "relative_strength": -15.934158, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.567547, "energy": 38.670237, "activity_lines": [ 5.214, 5.238, 5.302125, 5.330657 ] }, { "date": "2026-01-23", "close": 5.12, "volume": 1319159166, "typical_volume": 1320355444.25, "trend": 5.340415, "fair_value": 4.857088, "relative_strength": -16.888681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.264589, "energy": 38.124942, "activity_lines": [ 5.188, 5.209455, 5.2815, 5.316257 ] }, { "date": "2026-01-30", "close": 5.11, "volume": 1732310141, "typical_volume": 1142222272.45, "trend": 5.336314, "fair_value": 4.860184, "relative_strength": -16.450879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.450972, "energy": 35.651517, "activity_lines": [ 5.162, 5.184545, 5.260694, 5.301392 ] }, { "date": "2026-02-06", "close": 4.84, "volume": 1354138480, "typical_volume": 1098857877.4, "trend": 5.320927, "fair_value": 4.858794, "relative_strength": -19.488711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.864228, "energy": 73.278416, "activity_lines": [ 5.048, 5.115455, 5.216347, 5.269372 ] }, { "date": "2026-02-13", "close": 4.8, "volume": 686598397, "typical_volume": 1064749055.45, "trend": 5.302901, "fair_value": 4.858848, "relative_strength": -19.898644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.311883, "energy": 82.384034, "activity_lines": [ 4.938667, 5.049273, 5.170434, 5.235763 ] }, { "date": "2026-02-27", "close": 4.92, "volume": 664864298, "typical_volume": 1067900236.95, "trend": 5.288221, "fair_value": 4.861195, "relative_strength": -18.666241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.453291, "energy": 77.776537, "activity_lines": [ 4.910667, 5.014909, 5.138339, 5.21106 ] }, { "date": "2026-03-06", "close": 4.97, "volume": 1231866577, "typical_volume": 1093688413.7, "trend": 5.280107, "fair_value": 4.864215, "relative_strength": -16.38531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.385191, "energy": 73.372466, "activity_lines": [ 4.914667, 4.995273, 5.113243, 5.19053 ] }, { "date": "2026-03-13", "close": 5.07, "volume": 1083952537, "typical_volume": 1067861845.3, "trend": 5.273693, "fair_value": 4.866469, "relative_strength": -13.407524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.148831, "energy": 44.987351, "activity_lines": [ 4.962, 4.997455, 5.09981, 5.176974 ] }, { "date": "2026-03-20", "close": 4.69, "volume": 1292054838, "typical_volume": 1073733248.05, "trend": 5.253633, "fair_value": 4.860952, "relative_strength": -16.454564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.334025, "energy": 51.033064, "activity_lines": [ 4.885333, 4.931818, 5.051429, 5.139317 ] }, { "date": "2026-03-27", "close": 4.49, "volume": 915957961, "typical_volume": 1057571260.45, "trend": 5.2109, "fair_value": 4.856088, "relative_strength": -18.587111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.0535, "energy": 61.193721, "activity_lines": [ 4.752, 4.837455, 4.987524, 5.09005 ] }, { "date": "2026-04-03", "close": 4.46, "volume": 689881160, "typical_volume": 1044440638.2, "trend": 5.173374, "fair_value": 4.848628, "relative_strength": -17.914496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.137221, "energy": 80.595111, "activity_lines": [ 4.629333, 4.754545, 4.92519, 5.041605 ] }, { "date": "2026-04-10", "close": 4.56, "volume": 513797472, "typical_volume": 1019314405.85, "trend": 5.149307, "fair_value": 4.84562, "relative_strength": -17.770715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.605388, "energy": 82.151107, "activity_lines": [ 4.570667, 4.702364, 4.877381, 5.002032 ] }, { "date": "2026-04-17", "close": 4.64, "volume": 670306498, "typical_volume": 995140181.35, "trend": 5.118434, "fair_value": 4.843593, "relative_strength": -17.132903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.283952, "energy": 80.928557, "activity_lines": [ 4.566, 4.674909, 4.841286, 4.969174 ] }, { "date": "2026-04-24", "close": 4.433141, "volume": 922889380, "typical_volume": 1002551310.4, "trend": 5.089158, "fair_value": 4.83942, "relative_strength": -20.805198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.112107, "energy": 83.1748, "activity_lines": [ 4.521047, 4.618389, 4.789013, 4.924961 ] }, { "date": "2026-05-01", "close": 4.462761, "volume": 544457409, "typical_volume": 985510190.05, "trend": 5.061197, "fair_value": 4.834029, "relative_strength": -20.367331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.354649, "energy": 65.065243, "activity_lines": [ 4.503091, 4.574652, 4.744166, 4.884549 ] }, { "date": "2026-05-08", "close": 4.462761, "volume": 630858727, "typical_volume": 975697672.25, "trend": 5.030296, "fair_value": 4.830339, "relative_strength": -21.097949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.853424, "energy": 58.95608, "activity_lines": [ 4.486951, 4.537047, 4.703544, 4.84594 ] }, { "date": "2026-05-15", "close": 4.600988, "volume": 1767862583, "typical_volume": 1029615337.65, "trend": 5.003022, "fair_value": 4.827944, "relative_strength": -17.235049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.123932, "energy": 52.560462, "activity_lines": [ 4.516703, 4.532887, 4.67974, 4.818243 ] }, { "date": "2026-05-22", "close": 4.403521, "volume": 2487272380, "typical_volume": 1128750770.65, "trend": 4.972106, "fair_value": 4.823991, "relative_strength": -19.807045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.093955, "energy": 48.233039, "activity_lines": [ 4.4779, 4.499534, 4.639838, 4.779565 ] }, { "date": "2026-05-29", "close": 4.294914, "volume": 962039539, "typical_volume": 1158769912.95, "trend": 4.93427, "fair_value": 4.82069, "relative_strength": -20.35837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.328289, "energy": 51.71536, "activity_lines": [ 4.41866, 4.458551, 4.593101, 4.735875 ] }, { "date": "2026-06-05", "close": 4.285041, "volume": 131581818, "typical_volume": 1084981230.6, "trend": 4.896438, "fair_value": 4.818909, "relative_strength": -19.164719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.409164, "energy": 52.769309, "activity_lines": [ 4.365344, 4.422957, 4.549304, 4.69399 ] }, { "date": "2026-06-12", "close": 4.314661, "volume": 212092005, "typical_volume": 990697068.3, "trend": 4.856593, "fair_value": 4.818607, "relative_strength": -18.10725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.485528, "energy": 53.92295, "activity_lines": [ 4.333749, 4.396475, 4.513733, 4.656456 ] }, { "date": "2026-06-19", "close": 4.225801, "volume": 606548992, "typical_volume": 955066559.6, "trend": 4.816786, "fair_value": 4.816093, "relative_strength": -20.389566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.212401, "energy": 72.233312, "activity_lines": [ 4.282408, 4.356479, 4.473677, 4.615759 ] }, { "date": "2026-06-26", "close": 4.05, "volume": 120157909, "typical_volume": 874458948.0, "trend": 4.772453, "fair_value": 4.810929, "relative_strength": -21.916215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.150662, "energy": 82.694699, "activity_lines": [ 4.197479, 4.290596, 4.421136, 4.566289 ] }, { "date": "2026-07-03", "close": 4.07, "volume": 114929630, "typical_volume": 812498505.5, "trend": 4.72812, "fair_value": 4.8073, "relative_strength": -21.24503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.35808, "energy": 82.263175, "activity_lines": [ 4.142784, 4.239076, 4.375548, 4.52097 ] }, { "date": "2026-07-10", "close": 4.2, "volume": 801783417, "typical_volume": 818257756.5, "trend": 4.689786, "fair_value": 4.805911, "relative_strength": -17.195659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.897658, "energy": 66.876406, "activity_lines": [ 4.146418, 4.217795, 4.346007, 4.486898 ] }, { "date": "2026-07-17", "close": 4.26, "volume": 862954827, "typical_volume": 828162282.95, "trend": 4.657453, "fair_value": 4.805083, "relative_strength": -10.321663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.692601, "energy": 51.544844, "activity_lines": [ 4.17572, 4.212201, 4.325038, 4.459169 ] }, { "date": "2026-07-24", "close": 4.42, "volume": 1004424365, "typical_volume": 816790172.35, "trend": 4.632453, "fair_value": 4.805679, "relative_strength": -7.678722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.626687, "energy": 32.672226, "activity_lines": [ 4.262, 4.239384, 4.322449, 4.44385 ] }, { "date": "2026-07-31", "close": 4.46, "volume": 877768421, "typical_volume": 806480966.55, "trend": 4.609786, "fair_value": 4.803988, "relative_strength": -6.814315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.801648, "energy": 21.084335, "activity_lines": [ 4.348667, 4.277131, 4.326289, 4.432724 ] }, { "date": "2026-08-07", "close": 4.3, "volume": 943095738, "typical_volume": 789033011.55, "trend": 4.582786, "fair_value": 4.801153, "relative_strength": -12.109912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.899917, "energy": 21.323296, "activity_lines": [ 4.354667, 4.284759, 4.317796, 4.412738 ] } ], "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." } } }