{ "ticker": { "uuid": "4630c2e4-8db9-40e9-a20a-ff4ac4824a48", "symbol": "300180", "name": "Huafon Microfibre (Shanghai) 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": -52.533, "architecture_energy": 49.83, "architecture_maturity": 100.0, "architecture_confidence": 66.263, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.11, "rotation_up": 27.49, "upward_expansion": 20.45, "deceleration": 66.97, "rotation_down": 47.68, "downward_expansion": 72.78 }, "activity_lines": [ 4.206667, 4.171358, 4.493257, 4.916775 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 4.41, "trend_reference": 5.495254, "distance_from_trend": -0.197489, "trend_direction": "Weakening", "fair_value": 5.721101, "distance_from_fair_value": -0.229169, "fair_value_direction": "Weakening", "relative_strength": -33.244395, "relative_strength_direction": "Improving", "price_momentum": -0.329787, "excess_performance": -0.337187, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.197489, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.133072, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.229169, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.194371, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.332444, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.067861, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.329787, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.079365, "read": "Demand-led" } ], "volume": { "latest": 164957641, "relative_activity": 1.315746, "balance": 1.079365, "dry_up": 1.244079, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.09267, "annualized_volatility": 0.373399, "from_high_reference": -0.522727, "from_low_reference": 0.15748 }, "levels": { "trend_reference": 5.495254, "fair_value_reference": 5.721101, "structural_low": 3.81, "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": 27, "median_return": 0.016667, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.001047, "regime_survival": 0.740741, "best_return": 0.304598, "worst_return": -0.198718, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.00024, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.038705, "regime_survival": 0.5, "best_return": 0.376771, "worst_return": -0.258479, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.033333, "positive_rate": 0.5, "directional_follow_through": 0.333333, "median_excess_return": 0.053242, "regime_survival": 0.333333, "best_return": 0.335165, "worst_return": -0.327578, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.03599, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.073116, "regime_survival": 0.666667, "best_return": -0.020151, "worst_return": -0.210736, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2024-05-17", "tenure": "Developing", "return": 0.260623, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.113402, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-09-06", "tenure": "Established", "return": 0.065274, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-11-29", "tenure": "Developing", "return": 0.986945, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2025-02-28", "tenure": "Established", "return": -0.191601, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-25", "tenure": "Developing", "return": 0.212257, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": -0.077241, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": 0.044156, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-08", "tenure": "Developing", "return": -0.092035, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.170621, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-11-07", "tenure": "Developing", "return": 0.005457, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-03-06", "tenure": "Established", "return": -0.041725, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.10472, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.253807, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.768106, "volume": 41768195, "typical_volume": 55868064.85, "trend": 3.907702, "fair_value": 5.024012, "relative_strength": -2.580262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.99299, "energy": 23.419717, "activity_lines": [ 3.684814, 3.645622, 3.712943, 3.807784 ] }, { "date": "2023-08-04", "close": 3.888045, "volume": 80199835, "typical_volume": 53757890.75, "trend": 3.908701, "fair_value": 4.983969, "relative_strength": -0.851968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.713207, "energy": 18.281308, "activity_lines": [ 3.759443, 3.691962, 3.719178, 3.806516 ] }, { "date": "2023-08-11", "close": 3.718131, "volume": 40113263, "typical_volume": 52049211.65, "trend": 3.902038, "fair_value": 4.961031, "relative_strength": -1.526986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.714629, "energy": 21.212192, "activity_lines": [ 3.758777, 3.702866, 3.710516, 3.794221 ] }, { "date": "2023-08-18", "close": 3.79809, "volume": 47249139, "typical_volume": 48035922.6, "trend": 3.894708, "fair_value": 4.935403, "relative_strength": 3.798533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.548594, "energy": 16.942633, "activity_lines": [ 3.780099, 3.727944, 3.711896, 3.787515 ] }, { "date": "2023-08-25", "close": 3.528226, "volume": 73439675, "typical_volume": 47820091.75, "trend": 3.877051, "fair_value": 4.910288, "relative_strength": -0.369479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.550326, "energy": 17.516438, "activity_lines": [ 3.702139, 3.699776, 3.689383, 3.763871 ] }, { "date": "2023-09-01", "close": 3.488246, "volume": 121180479, "typical_volume": 49362239.45, "trend": 3.85273, "fair_value": 4.887222, "relative_strength": -4.381308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.993345, "energy": 35.095684, "activity_lines": [ 3.618181, 3.666338, 3.666252, 3.738787 ] }, { "date": "2023-09-08", "close": 3.448266, "volume": 70146901, "typical_volume": 49549419.85, "trend": 3.826076, "fair_value": 4.863452, "relative_strength": -3.724612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.342801, "energy": 58.756855, "activity_lines": [ 3.539554, 3.625268, 3.642502, 3.712692 ] }, { "date": "2023-09-15", "close": 3.478251, "volume": 55998857, "typical_volume": 49531482.05, "trend": 3.803754, "fair_value": 4.838337, "relative_strength": -1.48696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.733366, "energy": 65.214365, "activity_lines": [ 3.50024, 3.592557, 3.623654, 3.690252 ] }, { "date": "2023-09-22", "close": 3.508236, "volume": 52862417, "typical_volume": 50677747.8, "trend": 3.784097, "fair_value": 4.810658, "relative_strength": -0.913899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.456757, "energy": 62.766787, "activity_lines": [ 3.486913, 3.568388, 3.609661, 3.671186 ] }, { "date": "2023-09-29", "close": 3.558211, "volume": 38557168, "typical_volume": 49659174.15, "trend": 3.764441, "fair_value": 4.784261, "relative_strength": 1.162931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.382368, "energy": 48.010229, "activity_lines": [ 3.509569, 3.55603, 3.602474, 3.656613 ] }, { "date": "2023-10-13", "close": 3.488246, "volume": 63499609, "typical_volume": 50775953.8, "trend": 3.745117, "fair_value": 4.755622, "relative_strength": -0.442495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.947497, "energy": 36.442951, "activity_lines": [ 3.506903, 3.532406, 3.589576, 3.638794 ] }, { "date": "2023-10-20", "close": 4.537718, "volume": 1153740814, "typical_volume": 106658241.5, "trend": 3.757777, "fair_value": 4.734158, "relative_strength": 35.213809, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.811193, "energy": 27.272859, "activity_lines": [ 3.854062, 3.704683, 3.67777, 3.68993 ] }, { "date": "2023-10-27", "close": 5.067452, "volume": 1579125896, "typical_volume": 183740876.85, "trend": 3.785763, "fair_value": 4.720511, "relative_strength": 46.463305, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.109695, "energy": 56.546294, "activity_lines": [ 4.305169, 3.961463, 3.812131, 3.774425 ] }, { "date": "2023-11-03", "close": 4.927522, "volume": 1296464556, "typical_volume": 246448941.0, "trend": 3.810751, "fair_value": 4.703533, "relative_strength": 40.019373, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.756222, "energy": 75.861383, "activity_lines": [ 4.603685, 4.168268, 3.926645, 3.848087 ] }, { "date": "2023-11-10", "close": 4.927522, "volume": 722057390, "typical_volume": 280873234.5, "trend": 3.835072, "fair_value": 4.68649, "relative_strength": 37.213054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.467921, "energy": 79.75158, "activity_lines": [ 4.807582, 4.354538, 4.034686, 3.920136 ] }, { "date": "2023-11-17", "close": 5.497236, "volume": 861935397, "typical_volume": 322449734.6, "trend": 3.879716, "fair_value": 4.673932, "relative_strength": 51.379133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.248896, "energy": 85.823443, "activity_lines": [ 5.110097, 4.61895, 4.190845, 4.027373 ] }, { "date": "2023-11-24", "close": 4.987492, "volume": 695139697, "typical_volume": 354730986.25, "trend": 3.916697, "fair_value": 4.661182, "relative_strength": 38.217671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.804179, "energy": 69.000767, "activity_lines": [ 5.108764, 4.754155, 4.288796, 4.098842 ] }, { "date": "2023-12-01", "close": 4.857558, "volume": 299781919, "typical_volume": 367727903.0, "trend": 3.948681, "fair_value": 4.648432, "relative_strength": 35.312695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.633773, "energy": 50.26362, "activity_lines": [ 5.034135, 4.837749, 4.367804, 4.159543 ] }, { "date": "2023-12-08", "close": 4.627674, "volume": 215022393, "typical_volume": 376912712.45, "trend": 3.97167, "fair_value": 4.633952, "relative_strength": 30.562832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.425561, "energy": 42.270329, "activity_lines": [ 4.896871, 4.854468, 4.419159, 4.203349 ] }, { "date": "2023-12-15", "close": 4.537718, "volume": 153870895, "typical_volume": 383107724.75, "trend": 3.997657, "fair_value": 4.617358, "relative_strength": 29.92418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.233182, "energy": 26.076589, "activity_lines": [ 4.749612, 4.834478, 4.45733, 4.239868 ] }, { "date": "2023-12-22", "close": 4.497739, "volume": 238772157, "typical_volume": 392957922.85, "trend": 4.02331, "fair_value": 4.601789, "relative_strength": 30.278669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.512981, "energy": 20.092, "activity_lines": [ 4.615013, 4.78941, 4.48741, 4.272132 ] }, { "date": "2023-12-29", "close": 4.417779, "volume": 215629256, "typical_volume": 399729393.9, "trend": 4.049297, "fair_value": 4.586796, "relative_strength": 23.213813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.435311, "energy": 19.911222, "activity_lines": [ 4.520394, 4.711449, 4.506401, 4.297581 ] }, { "date": "2024-01-05", "close": 4.157909, "volume": 127723925, "typical_volume": 404109927.0, "trend": 4.064623, "fair_value": 4.572445, "relative_strength": 20.540233, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.686346, "energy": 16.809971, "activity_lines": [ 4.377133, 4.58842, 4.498119, 4.304588 ] }, { "date": "2024-01-12", "close": 4.067955, "volume": 133051765, "typical_volume": 408400058.3, "trend": 4.081281, "fair_value": 4.558413, "relative_strength": 18.891759, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.460891, "energy": 12.443494, "activity_lines": [ 4.25053, 4.465573, 4.479176, 4.304803 ] }, { "date": "2024-01-19", "close": 3.83807, "volume": 123014976, "typical_volume": 410878823.35, "trend": 4.087945, "fair_value": 4.54592, "relative_strength": 14.31167, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.446934, "energy": 27.238084, "activity_lines": [ 4.084613, 4.316557, 4.437055, 4.289112 ] }, { "date": "2024-01-26", "close": 3.738121, "volume": 187158792, "typical_volume": 414177739.0, "trend": 4.09694, "fair_value": 4.532016, "relative_strength": 11.199111, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.018586, "energy": 49.581131, "activity_lines": [ 3.932023, 4.169177, 4.383939, 4.266543 ] }, { "date": "2024-02-02", "close": 3.088447, "volume": 164012648, "typical_volume": 418871026.35, "trend": 4.079615, "fair_value": 4.511322, "relative_strength": -0.292175, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.245425, "energy": 72.966862, "activity_lines": [ 3.613517, 3.935658, 4.267759, 4.201479 ] }, { "date": "2024-02-09", "close": 3.158412, "volume": 235064545, "typical_volume": 427824310.75, "trend": 4.06329, "fair_value": 4.493702, "relative_strength": -6.912901, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.831264, "energy": 73.249754, "activity_lines": [ 3.406954, 3.749388, 4.159956, 4.142046 ] }, { "date": "2024-02-23", "close": 3.618181, "volume": 261001699, "typical_volume": 438231274.85, "trend": 4.061958, "fair_value": 4.478261, "relative_strength": 3.48311, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.384671, "energy": 70.321799, "activity_lines": [ 3.42028, 3.677606, 4.097464, 4.11333 ] }, { "date": "2024-03-01", "close": 3.478251, "volume": 276896242, "typical_volume": 450148228.55, "trend": 4.056627, "fair_value": 4.465639, "relative_strength": -4.440771, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.190402, "energy": 69.822145, "activity_lines": [ 3.416949, 3.598736, 4.021121, 4.075671 ] }, { "date": "2024-03-08", "close": 3.368306, "volume": 156207305, "typical_volume": 454783613.35, "trend": 4.0433, "fair_value": 4.454619, "relative_strength": -6.86747, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.901152, "energy": 66.154066, "activity_lines": [ 3.400957, 3.51914, 3.934688, 4.031263 ] }, { "date": "2024-03-15", "close": 3.528226, "volume": 161018978, "typical_volume": 405147521.55, "trend": 4.031306, "fair_value": 4.443791, "relative_strength": -4.999638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.179037, "energy": 46.972842, "activity_lines": [ 3.462925, 3.489155, 3.864057, 3.998033 ] }, { "date": "2024-03-22", "close": 3.538221, "volume": 141240249, "typical_volume": 333253239.2, "trend": 4.025309, "fair_value": 4.426492, "relative_strength": -4.328994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.827118, "energy": 40.789633, "activity_lines": [ 3.498907, 3.477161, 3.799185, 3.966221 ] }, { "date": "2024-03-29", "close": 3.398292, "volume": 124071591, "typical_volume": 274633590.95, "trend": 4.011983, "fair_value": 4.40945, "relative_strength": -6.469213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.091611, "energy": 41.217494, "activity_lines": [ 3.462926, 3.450992, 3.728268, 3.925768 ] }, { "date": "2024-04-05", "close": 3.488246, "volume": 83756985, "typical_volume": 242718570.7, "trend": 4.01065, "fair_value": 4.391574, "relative_strength": -5.450745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.459351, "energy": 35.716136, "activity_lines": [ 3.471588, 3.453355, 3.673201, 3.891979 ] }, { "date": "2024-04-12", "close": 3.258362, "volume": 110245246, "typical_volume": 205134063.15, "trend": 4.002987, "fair_value": 4.374467, "relative_strength": -8.637832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.2302, "energy": 46.541661, "activity_lines": [ 3.402956, 3.42028, 3.603093, 3.843444 ] }, { "date": "2024-04-19", "close": 3.038472, "volume": 162994946, "typical_volume": 178526825.6, "trend": 3.989328, "fair_value": 4.353452, "relative_strength": -15.175282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.638046, "energy": 55.350115, "activity_lines": [ 3.268357, 3.355949, 3.522705, 3.781217 ] }, { "date": "2024-04-26", "close": 3.618181, "volume": 661798912, "typical_volume": 196627675.25, "trend": 3.993992, "fair_value": 4.338396, "relative_strength": -1.1078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.512945, "energy": 36.252386, "activity_lines": [ 3.359644, 3.397928, 3.506808, 3.757272 ] }, { "date": "2024-05-03", "close": 4.01798, "volume": 448325778, "typical_volume": 208292844.5, "trend": 4.010983, "fair_value": 4.327824, "relative_strength": 7.976207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.726751, "energy": 14.423016, "activity_lines": [ 3.578867, 3.504238, 3.534889, 3.75882 ] }, { "date": "2024-05-10", "close": 3.93802, "volume": 635157670, "typical_volume": 232357183.25, "trend": 4.023644, "fair_value": 4.316676, "relative_strength": 3.946496, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.006894, "energy": 11.911656, "activity_lines": [ 3.730125, 3.588741, 3.558259, 3.754113 ] }, { "date": "2024-05-17", "close": 4.447763, "volume": 679953331, "typical_volume": 254416241.95, "trend": 4.055627, "fair_value": 4.308667, "relative_strength": 17.053139, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.20152, "energy": 30.549506, "activity_lines": [ 4.021311, 3.757565, 3.63303, 3.781475 ] }, { "date": "2024-05-24", "close": 3.87805, "volume": 483111264, "typical_volume": 267790342.35, "trend": 4.033639, "fair_value": 4.297775, "relative_strength": 4.7839, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.02541, "energy": 30.327417, "activity_lines": [ 4.0433, 3.803179, 3.653782, 3.770018 ] }, { "date": "2024-05-31", "close": 4.087945, "volume": 354812740, "typical_volume": 279144783.1, "trend": 4.000988, "fair_value": 4.289382, "relative_strength": 10.621322, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.135929, "energy": 39.464625, "activity_lines": [ 4.079282, 3.880594, 3.697094, 3.773522 ] }, { "date": "2024-06-07", "close": 3.438271, "volume": 258430889, "typical_volume": 285413739.3, "trend": 3.951347, "fair_value": 4.276055, "relative_strength": -6.040383, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -16.81913, "energy": 16.294275, "activity_lines": [ 3.867389, 3.829892, 3.678865, 3.737218 ] }, { "date": "2024-06-14", "close": 3.828075, "volume": 242633855, "typical_volume": 291394683.25, "trend": 3.914698, "fair_value": 4.265548, "relative_strength": 4.257814, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.938856, "energy": 11.052427, "activity_lines": [ 3.824077, 3.849337, 3.700758, 3.729265 ] }, { "date": "2024-06-21", "close": 3.688146, "volume": 267251311, "typical_volume": 295399309.2, "trend": 3.854395, "fair_value": 4.255168, "relative_strength": 2.145907, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.176097, "energy": 15.225383, "activity_lines": [ 3.741452, 3.837162, 3.709373, 3.714648 ] }, { "date": "2024-06-28", "close": 3.528226, "volume": 192228755, "typical_volume": 296810114.55, "trend": 3.805753, "fair_value": 4.243892, "relative_strength": -0.266885, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.332663, "energy": 20.354391, "activity_lines": [ 3.656162, 3.788095, 3.702995, 3.693605 ] }, { "date": "2024-07-05", "close": 3.508236, "volume": 143498813, "typical_volume": 292231827.95, "trend": 3.760776, "fair_value": 4.233705, "relative_strength": 0.480491, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.153195, "energy": 18.272465, "activity_lines": [ 3.58753, 3.72649, 3.69262, 3.674411 ] }, { "date": "2024-07-12", "close": 3.628176, "volume": 149716603, "typical_volume": 286667573.15, "trend": 3.727459, "fair_value": 4.222813, "relative_strength": 1.653243, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.42801, "energy": 20.357135, "activity_lines": [ 3.597525, 3.688691, 3.692001, 3.665856 ] }, { "date": "2024-07-19", "close": 3.768106, "volume": 212084306, "typical_volume": 283426976.35, "trend": 3.701805, "fair_value": 4.215316, "relative_strength": 4.551111, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.665983, "energy": 9.222262, "activity_lines": [ 3.641503, 3.683421, 3.704661, 3.668478 ] }, { "date": "2024-07-26", "close": 3.868055, "volume": 280366197, "typical_volume": 289634920.95, "trend": 3.680816, "fair_value": 4.207564, "relative_strength": 10.516261, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.880464, "energy": 3.116611, "activity_lines": [ 3.722795, 3.699413, 3.72546, 3.679204 ] }, { "date": "2024-08-02", "close": 3.81808, "volume": 219804904, "typical_volume": 292574217.25, "trend": 3.660826, "fair_value": 4.200965, "relative_strength": 9.078836, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.884054, "energy": 17.593851, "activity_lines": [ 3.775435, 3.716858, 3.73912, 3.68806 ] }, { "date": "2024-08-09", "close": 3.648166, "volume": 127345518, "typical_volume": 291879480.7, "trend": 3.643835, "fair_value": 4.192764, "relative_strength": 5.736494, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.824841, "energy": 15.556597, "activity_lines": [ 3.752114, 3.704501, 3.735217, 3.687243 ] }, { "date": "2024-08-16", "close": 3.748116, "volume": 114669772, "typical_volume": 291409389.75, "trend": 3.633173, "fair_value": 4.184563, "relative_strength": 8.680369, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.49015, "energy": 18.499101, "activity_lines": [ 3.75278, 3.718312, 3.74031, 3.693971 ] }, { "date": "2024-08-23", "close": 3.91803, "volume": 967370092, "typical_volume": 335590045.1, "trend": 3.635839, "fair_value": 4.176426, "relative_strength": 15.215675, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.21831, "energy": 24.980559, "activity_lines": [ 3.802088, 3.757384, 3.759919, 3.712349 ] }, { "date": "2024-08-30", "close": 4.027975, "volume": 411485140, "typical_volume": 350652039.8, "trend": 3.6455, "fair_value": 4.169442, "relative_strength": 15.448216, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.555009, "energy": 33.244346, "activity_lines": [ 3.87805, 3.814809, 3.787953, 3.737648 ] }, { "date": "2024-09-06", "close": 4.07795, "volume": 556050723, "typical_volume": 370304828.65, "trend": 3.678484, "fair_value": 4.161946, "relative_strength": 19.169725, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.060183, "energy": 46.248095, "activity_lines": [ 3.960009, 3.875143, 3.817081, 3.765548 ] }, { "date": "2024-09-13", "close": 3.828075, "volume": 270881699, "typical_volume": 350758968.0, "trend": 3.700806, "fair_value": 4.150605, "relative_strength": 13.174842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.590099, "energy": 41.716331, "activity_lines": [ 3.941352, 3.880049, 3.817462, 3.775199 ] }, { "date": "2024-09-20", "close": 4.027975, "volume": 158224702, "typical_volume": 336253914.2, "trend": 3.714466, "fair_value": 4.141636, "relative_strength": 16.8671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.264735, "energy": 44.018314, "activity_lines": [ 3.977334, 3.915486, 3.835881, 3.796306 ] }, { "date": "2024-09-27", "close": 5.377296, "volume": 1135203844, "typical_volume": 361256222.9, "trend": 3.777767, "fair_value": 4.141636, "relative_strength": 31.095947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.419641, "energy": 77.475122, "activity_lines": [ 4.444432, 4.188985, 3.982759, 3.903586 ] }, { "date": "2024-10-04", "close": 6.456754, "volume": 278717299, "typical_volume": 341194421.3, "trend": 3.880716, "fair_value": 4.146697, "relative_strength": 40.556876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.811395, "energy": 94.74637, "activity_lines": [ 5.174065, 4.629491, 4.22559, 4.076424 ] }, { "date": "2024-10-11", "close": 9.185381, "volume": 1608338229, "typical_volume": 397455769.55, "trend": 4.069287, "fair_value": 4.169378, "relative_strength": 104.227307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.002631, "energy": 98.839753, "activity_lines": [ 6.651322, 5.519043, 4.718723, 4.41866 ] }, { "date": "2024-10-18", "close": 9.585181, "volume": 2244559721, "typical_volume": 491943118.6, "trend": 4.270853, "fair_value": 4.194301, "relative_strength": 101.976432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.251559, "energy": 98.163488, "activity_lines": [ 7.921351, 6.383699, 5.224659, 4.774524 ] }, { "date": "2024-10-25", "close": 8.685633, "volume": 1443248164, "typical_volume": 551183982.35, "trend": 4.447097, "fair_value": 4.215316, "relative_strength": 75.964573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.525727, "energy": 90.433983, "activity_lines": [ 8.507722, 6.976856, 5.618746, 5.059349 ] }, { "date": "2024-11-01", "close": 7.89603, "volume": 1149436305, "typical_volume": 596524104.85, "trend": 4.594024, "fair_value": 4.234217, "relative_strength": 60.907322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.118637, "energy": 83.803598, "activity_lines": [ 8.520383, 7.336675, 5.912646, 5.281861 ] }, { "date": "2024-11-08", "close": 8.675638, "volume": 856869578, "typical_volume": 626005018.2, "trend": 4.774599, "fair_value": 4.257795, "relative_strength": 63.748679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.253995, "energy": 66.792388, "activity_lines": [ 8.624997, 7.765914, 6.261423, 5.54519 ] }, { "date": "2024-11-15", "close": 7.846055, "volume": 731660185, "typical_volume": 652976589.7, "trend": 4.934852, "fair_value": 4.276632, "relative_strength": 52.319817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.128516, "energy": 55.592261, "activity_lines": [ 8.305158, 7.959816, 6.507442, 5.743349 ] }, { "date": "2024-11-22", "close": 7.496231, "volume": 463175638, "typical_volume": 668960430.95, "trend": 5.06412, "fair_value": 4.2947, "relative_strength": 48.854529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.509809, "energy": 42.458345, "activity_lines": [ 7.957999, 8.021603, 6.699584, 5.908599 ] }, { "date": "2024-11-29", "close": 7.606176, "volume": 366053735, "typical_volume": 679777287.55, "trend": 5.183727, "fair_value": 4.314497, "relative_strength": 47.342648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.884909, "energy": 36.838768, "activity_lines": [ 7.786752, 8.036687, 6.883206, 6.072603 ] }, { "date": "2024-12-06", "close": 7.61617, "volume": 349132174, "typical_volume": 686629680.95, "trend": 5.306332, "fair_value": 4.334487, "relative_strength": 43.90834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.309064, "energy": 29.150029, "activity_lines": [ 7.6908, 7.988529, 7.048837, 6.229535 ] }, { "date": "2024-12-13", "close": 8.045955, "volume": 687435872, "typical_volume": 706983164.7, "trend": 5.426272, "fair_value": 4.354669, "relative_strength": 51.555146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.836578, "energy": 28.485791, "activity_lines": [ 7.756767, 7.977807, 7.237076, 6.406284 ] }, { "date": "2024-12-20", "close": 7.376291, "volume": 354991271, "typical_volume": 713742483.05, "trend": 5.54288, "fair_value": 4.370367, "relative_strength": 38.681811, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.113756, "energy": 24.176913, "activity_lines": [ 7.641491, 7.816434, 7.341642, 6.532092 ] }, { "date": "2024-12-27", "close": 6.716623, "volume": 285249142, "typical_volume": 721637664.25, "trend": 5.630502, "fair_value": 4.382284, "relative_strength": 25.433913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.91089, "energy": 18.016969, "activity_lines": [ 7.337644, 7.568013, 7.366439, 6.607817 ] }, { "date": "2025-01-03", "close": 5.78709, "volume": 205751825, "typical_volume": 726191766.9, "trend": 5.708796, "fair_value": 4.387858, "relative_strength": 15.86874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.221094, "energy": 10.442629, "activity_lines": [ 6.775926, 7.202742, 7.288097, 6.61792 ] }, { "date": "2025-01-10", "close": 5.817075, "volume": 231085776, "typical_volume": 689377551.1, "trend": 5.775096, "fair_value": 4.394842, "relative_strength": 17.057665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.168082, "energy": 19.624232, "activity_lines": [ 6.345476, 6.895624, 7.202902, 6.624906 ] }, { "date": "2025-01-17", "close": 6.256855, "volume": 227927625, "typical_volume": 680199675.35, "trend": 5.86072, "fair_value": 4.403491, "relative_strength": 20.632039, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.489602, "energy": 25.767887, "activity_lines": [ 6.181559, 6.706265, 7.150548, 6.655987 ] }, { "date": "2025-01-24", "close": 6.386789, "volume": 221589738, "typical_volume": 663476626.1, "trend": 5.956005, "fair_value": 4.414127, "relative_strength": 20.729364, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.993939, "energy": 38.095366, "activity_lines": [ 6.180226, 6.584508, 7.099954, 6.689927 ] }, { "date": "2025-01-31", "close": 5.996985, "volume": 61349734, "typical_volume": 653000027.85, "trend": 6.038964, "fair_value": 4.420342, "relative_strength": 14.186173, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.242848, "energy": 43.092694, "activity_lines": [ 6.114926, 6.418409, 7.001242, 6.692571 ] }, { "date": "2025-02-07", "close": 6.586689, "volume": 192728345, "typical_volume": 654725210.0, "trend": 6.137581, "fair_value": 4.430144, "relative_strength": 19.371991, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.220321, "energy": 21.554419, "activity_lines": [ 6.294169, 6.386789, 6.948364, 6.727908 ] }, { "date": "2025-02-14", "close": 6.676643, "volume": 314564598, "typical_volume": 613693247.7, "trend": 6.234532, "fair_value": 4.440716, "relative_strength": 17.906495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.240333, "energy": 13.632968, "activity_lines": [ 6.450091, 6.39006, 6.891868, 6.762686 ] }, { "date": "2025-02-21", "close": 6.676643, "volume": 297722916, "typical_volume": 614643528.55, "trend": 6.328152, "fair_value": 4.450327, "relative_strength": 14.440414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.840567, "energy": 12.105269, "activity_lines": [ 6.548708, 6.410413, 6.829186, 6.791209 ] }, { "date": "2025-02-28", "close": 6.156904, "volume": 279480750, "typical_volume": 548200654.6, "trend": 6.406112, "fair_value": 4.460129, "relative_strength": 8.480883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.906586, "energy": 12.77698, "activity_lines": [ 6.446092, 6.361165, 6.715957, 6.780161 ] }, { "date": "2025-03-07", "close": 6.686638, "volume": 333990986, "typical_volume": 452672217.85, "trend": 6.507395, "fair_value": 4.469163, "relative_strength": 14.232477, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.508971, "energy": 8.625749, "activity_lines": [ 6.535381, 6.430403, 6.6676, 6.798259 ] }, { "date": "2025-03-14", "close": 6.906528, "volume": 720204825, "typical_volume": 416520050.9, "trend": 6.612675, "fair_value": 4.481465, "relative_strength": 15.464712, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.166847, "energy": 5.893738, "activity_lines": [ 6.651989, 6.540166, 6.653988, 6.82401 ] }, { "date": "2025-03-21", "close": 6.536714, "volume": 390262922, "typical_volume": 378561381.75, "trend": 6.699965, "fair_value": 4.493318, "relative_strength": 11.305407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.504423, "energy": 5.942963, "activity_lines": [ 6.624003, 6.562337, 6.613627, 6.819109 ] }, { "date": "2025-03-28", "close": 6.636663, "volume": 914233228, "typical_volume": 381429564.25, "trend": 6.786921, "fair_value": 4.503441, "relative_strength": 12.81888, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.110301, "energy": 8.856211, "activity_lines": [ 6.638662, 6.589596, 6.589259, 6.815025 ] }, { "date": "2025-04-04", "close": 6.826568, "volume": 371507510, "typical_volume": 363421930.5, "trend": 6.878542, "fair_value": 4.514781, "relative_strength": 17.557062, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.479552, "energy": 12.476475, "activity_lines": [ 6.719289, 6.644478, 6.592685, 6.817583 ] }, { "date": "2025-04-11", "close": 7.156402, "volume": 1115740283, "typical_volume": 396050162.75, "trend": 6.989486, "fair_value": 4.528685, "relative_strength": 28.245529, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -3.137329, "energy": 7.597218, "activity_lines": [ 6.865215, 6.751333, 6.63238, 6.83551 ] }, { "date": "2025-04-18", "close": 7.236362, "volume": 946040978, "typical_volume": 425049524.9, "trend": 7.096432, "fair_value": 4.543741, "relative_strength": 28.581346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -0.108677, "energy": 10.984885, "activity_lines": [ 7.006477, 6.851646, 6.681308, 6.851437 ] }, { "date": "2025-04-25", "close": 8.105925, "volume": 1637241002, "typical_volume": 489454966.3, "trend": 7.187386, "fair_value": 4.564564, "relative_strength": 40.029518, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.201899, "energy": 41.958219, "activity_lines": [ 7.415605, 7.09825, 6.814812, 6.916566 ] }, { "date": "2025-05-02", "close": 7.246356, "volume": 533258940, "typical_volume": 481746119.7, "trend": 7.213706, "fair_value": 4.580261, "relative_strength": 24.11912, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.873825, "energy": 33.266889, "activity_lines": [ 7.433596, 7.162581, 6.86412, 6.92037 ] }, { "date": "2025-05-09", "close": 7.296332, "volume": 585689971, "typical_volume": 493281054.7, "trend": 7.150738, "fair_value": 4.598457, "relative_strength": 20.928215, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.214385, "energy": 30.20204, "activity_lines": [ 7.427599, 7.22564, 6.921996, 6.925701 ] }, { "date": "2025-05-16", "close": 7.436261, "volume": 667045121, "typical_volume": 512370853.65, "trend": 7.079107, "fair_value": 4.619857, "relative_strength": 21.539796, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.207396, "energy": 26.278998, "activity_lines": [ 7.436928, 7.293424, 6.993579, 6.944122 ] }, { "date": "2025-05-23", "close": 6.686638, "volume": 399327849, "typical_volume": 522049654.85, "trend": 7.012474, "fair_value": 4.639654, "relative_strength": 8.930883, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 0.17985, "energy": 3.022972, "activity_lines": [ 7.177724, 7.211283, 6.990343, 6.918801 ] }, { "date": "2025-05-30", "close": 7.69613, "volume": 719698845, "typical_volume": 546480308.3, "trend": 7.005811, "fair_value": 4.665923, "relative_strength": 25.210946, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.323178, "energy": 10.216997, "activity_lines": [ 7.291667, 7.316685, 7.078965, 6.962908 ] }, { "date": "2025-06-06", "close": 7.806075, "volume": 772211814, "typical_volume": 573694517.75, "trend": 6.976826, "fair_value": 4.691936, "relative_strength": 23.680564, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.589575, "energy": 26.299886, "activity_lines": [ 7.469578, 7.420996, 7.16911, 7.014538 ] }, { "date": "2025-06-13", "close": 7.906025, "volume": 726853594, "typical_volume": 598957710.55, "trend": 6.978825, "fair_value": 4.718653, "relative_strength": 24.606163, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.336966, "energy": 32.056458, "activity_lines": [ 7.64349, 7.522218, 7.261397, 7.074486 ] }, { "date": "2025-06-20", "close": 8.035959, "volume": 1810388291, "typical_volume": 686409638.4, "trend": 6.996815, "fair_value": 4.746716, "relative_strength": 26.596846, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.420176, "energy": 46.896729, "activity_lines": [ 7.820068, 7.627438, 7.358824, 7.142688 ] }, { "date": "2025-06-27", "close": 9.185381, "volume": 1809408699, "typical_volume": 767243656.1, "trend": 7.049456, "fair_value": 4.781506, "relative_strength": 37.470372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.313408, "energy": 64.836949, "activity_lines": [ 8.339806, 7.925651, 7.55601, 7.283886 ] }, { "date": "2025-07-04", "close": 8.905522, "volume": 987165531, "typical_volume": 800873702.75, "trend": 7.092434, "fair_value": 4.814759, "relative_strength": 29.907641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.139665, "energy": 64.094591, "activity_lines": [ 8.599676, 8.137545, 7.714169, 7.403632 ] }, { "date": "2025-07-11", "close": 9.81, "volume": 1533606248, "typical_volume": 862667869.35, "trend": 7.151236, "fair_value": 4.853297, "relative_strength": 38.523193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.244186, "energy": 75.536302, "activity_lines": [ 9.080412, 8.49935, 7.947854, 7.578959 ] }, { "date": "2025-07-18", "close": 9.17, "volume": 905952870, "typical_volume": 893991475.35, "trend": 7.211026, "fair_value": 4.887155, "relative_strength": 25.384053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.025563, "energy": 69.767787, "activity_lines": [ 9.214219, 8.698181, 8.105667, 7.709202 ] }, { "date": "2025-07-25", "close": 8.76, "volume": 518462522, "typical_volume": 903215052.15, "trend": 7.279138, "fair_value": 4.918065, "relative_strength": 15.937873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.653809, "energy": 60.189629, "activity_lines": [ 9.127095, 8.788399, 8.210084, 7.809136 ] }, { "date": "2025-08-01", "close": 8.34, "volume": 571109030, "typical_volume": 895760262.4, "trend": 7.364235, "fair_value": 4.946219, "relative_strength": 11.167714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.905147, "energy": 39.877706, "activity_lines": [ 8.851701, 8.778186, 8.264627, 7.877579 ] }, { "date": "2025-08-08", "close": 8.34, "volume": 285109823, "typical_volume": 890502607.45, "trend": 7.448333, "fair_value": 4.976295, "relative_strength": 8.830475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.830848, "energy": 24.37913, "activity_lines": [ 8.632667, 8.737912, 8.312345, 7.940531 ] }, { "date": "2025-08-15", "close": 8.85, "volume": 582306797, "typical_volume": 873906285.9, "trend": 7.534771, "fair_value": 5.00759, "relative_strength": 9.509535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.097676, "energy": 20.658514, "activity_lines": [ 8.621333, 8.778658, 8.400047, 8.030961 ] }, { "date": "2025-08-22", "close": 8.87, "volume": 635382951, "typical_volume": 887100057.95, "trend": 7.617545, "fair_value": 5.038949, "relative_strength": 4.240926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.745894, "energy": 20.449527, "activity_lines": [ 8.680667, 8.80406, 8.479114, 8.117105 ] }, { "date": "2025-08-29", "close": 8.81, "volume": 701337161, "typical_volume": 866379901.85, "trend": 7.711312, "fair_value": 5.06909, "relative_strength": -1.360466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.70935, "energy": 23.026933, "activity_lines": [ 8.74, 8.801026, 8.542736, 8.194038 ] }, { "date": "2025-09-05", "close": 8.09, "volume": 413879446, "typical_volume": 839771825.25, "trend": 7.761422, "fair_value": 5.091989, "relative_strength": -9.012883, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.732404, "energy": 17.162994, "activity_lines": [ 8.556, 8.653009, 8.529912, 8.218469 ] }, { "date": "2025-09-12", "close": 8.07, "volume": 238611181, "typical_volume": 769840334.2, "trend": 7.807868, "fair_value": 5.113479, "relative_strength": -11.927944, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.130718, "energy": 12.504296, "activity_lines": [ 8.382, 8.521273, 8.511119, 8.238377 ] }, { "date": "2025-09-19", "close": 7.57, "volume": 304841264, "typical_volume": 758419450.4, "trend": 7.837646, "fair_value": 5.134903, "relative_strength": -18.489746, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.79171, "energy": 12.097044, "activity_lines": [ 8.059333, 8.313818, 8.444877, 8.223031 ] }, { "date": "2025-09-26", "close": 7.34, "volume": 228282187, "typical_volume": 740549061.2, "trend": 7.877083, "fair_value": 5.155045, "relative_strength": -21.772773, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.371427, "energy": 37.563354, "activity_lines": [ 7.745333, 8.105273, 8.35519, 8.190925 ] }, { "date": "2025-10-03", "close": 7.33, "volume": 76366442, "typical_volume": 711015127.25, "trend": 7.898528, "fair_value": 5.174994, "relative_strength": -23.565564, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.69902, "energy": 53.399332, "activity_lines": [ 7.53, 7.928182, 8.264343, 8.155629 ] }, { "date": "2025-10-10", "close": 7.41, "volume": 71537612, "typical_volume": 694625615.4, "trend": 7.91531, "fair_value": 5.197379, "relative_strength": -20.973757, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.38602, "energy": 58.638557, "activity_lines": [ 7.44, 7.791636, 8.18162, 8.124111 ] }, { "date": "2025-10-17", "close": 7.19, "volume": 240440716, "typical_volume": 670662708.95, "trend": 7.937087, "fair_value": 5.219314, "relative_strength": -18.491424, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.87743, "energy": 63.051761, "activity_lines": [ 7.322, 7.632, 8.074501, 8.077317 ] }, { "date": "2025-10-24", "close": 7.16, "volume": 130044246, "typical_volume": 638554330.55, "trend": 7.954531, "fair_value": 5.242018, "relative_strength": -21.894703, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.996325, "energy": 58.769356, "activity_lines": [ 7.252667, 7.487818, 7.966934, 8.027182 ] }, { "date": "2025-10-31", "close": 7.14, "volume": 177844407, "typical_volume": 611103871.2, "trend": 7.964979, "fair_value": 5.263568, "relative_strength": -22.150484, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.30841, "energy": 56.601902, "activity_lines": [ 7.204, 7.370727, 7.860539, 7.974632 ] }, { "date": "2025-11-07", "close": 7.37, "volume": 181748675, "typical_volume": 529671890.4, "trend": 7.972099, "fair_value": 5.28685, "relative_strength": -19.282731, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.984967, "energy": 51.474641, "activity_lines": [ 7.245333, 7.326909, 7.779697, 7.936246 ] }, { "date": "2025-11-14", "close": 7.19, "volume": 151652963, "typical_volume": 446784103.6, "trend": 7.970553, "fair_value": 5.309554, "relative_strength": -19.712405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.908697, "energy": 49.035888, "activity_lines": [ 7.224, 7.276545, 7.684883, 7.885788 ] }, { "date": "2025-11-21", "close": 6.59, "volume": 140089343, "typical_volume": 404430294.2, "trend": 7.920023, "fair_value": 5.327194, "relative_strength": -22.007171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.998319, "energy": 65.236056, "activity_lines": [ 7.017333, 7.133455, 7.542429, 7.79672 ] }, { "date": "2025-11-28", "close": 6.67, "volume": 111034444, "typical_volume": 333301704.0, "trend": 7.900811, "fair_value": 5.344323, "relative_strength": -23.327691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.176766, "energy": 72.184716, "activity_lines": [ 6.877333, 7.031818, 7.418619, 7.716074 ] }, { "date": "2025-12-05", "close": 6.46, "volume": 117799072, "typical_volume": 293894014.1, "trend": 7.872933, "fair_value": 5.359528, "relative_strength": -26.21154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.53411, "energy": 88.239109, "activity_lines": [ 6.7, 6.908364, 7.289762, 7.623118 ] }, { "date": "2025-12-12", "close": 6.31, "volume": 106679586, "typical_volume": 273304867.3, "trend": 7.835391, "fair_value": 5.372234, "relative_strength": -27.953981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.849885, "energy": 90.137057, "activity_lines": [ 6.518, 6.773636, 7.159524, 7.522284 ] }, { "date": "2025-12-19", "close": 6.42, "volume": 187633401, "typical_volume": 254131085.85, "trend": 7.826503, "fair_value": 5.382891, "relative_strength": -25.59669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.012327, "energy": 86.685354, "activity_lines": [ 6.443333, 6.677455, 7.051429, 7.430968 ] }, { "date": "2025-12-26", "close": 6.59, "volume": 231838139, "typical_volume": 251467501.65, "trend": 7.789632, "fair_value": 5.39784, "relative_strength": -25.913619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.396315, "energy": 80.141728, "activity_lines": [ 6.476667, 6.630182, 6.968667, 7.351194 ] }, { "date": "2026-01-02", "close": 6.93, "volume": 301436260, "typical_volume": 237423974.8, "trend": 7.76043, "fair_value": 5.416379, "relative_strength": -21.469854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.717468, "energy": 52.260084, "activity_lines": [ 6.623333, 6.655636, 6.926619, 7.295734 ] }, { "date": "2026-01-09", "close": 6.87, "volume": 290964760, "typical_volume": 220203065.25, "trend": 7.725895, "fair_value": 5.435686, "relative_strength": -25.194425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.074994, "energy": 35.955818, "activity_lines": [ 6.732667, 6.674364, 6.888, 7.238287 ] }, { "date": "2026-01-16", "close": 6.85, "volume": 397110693, "typical_volume": 204991741.85, "trend": 7.686363, "fair_value": 5.454865, "relative_strength": -25.95475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.145074, "energy": 26.176004, "activity_lines": [ 6.808, 6.694364, 6.857, 7.181777 ] }, { "date": "2026-01-23", "close": 7.02, "volume": 225924095, "typical_volume": 195593974.3, "trend": 7.614184, "fair_value": 5.47475, "relative_strength": -24.64996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.191008, "energy": 24.258205, "activity_lines": [ 6.904, 6.754727, 6.851524, 7.138786 ] }, { "date": "2026-01-30", "close": 6.58, "volume": 183555229, "typical_volume": 192841176.7, "trend": 7.536667, "fair_value": 5.491173, "relative_strength": -27.937106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.416627, "energy": 23.833436, "activity_lines": [ 6.813333, 6.738182, 6.809238, 7.072065 ] }, { "date": "2026-02-06", "close": 6.63, "volume": 142865048, "typical_volume": 184742365.9, "trend": 7.430667, "fair_value": 5.50766, "relative_strength": -25.502001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.23699, "energy": 26.302879, "activity_lines": [ 6.74, 6.730909, 6.77881, 7.01357 ] }, { "date": "2026-02-13", "close": 6.52, "volume": 132324697, "typical_volume": 179944491.4, "trend": 7.342333, "fair_value": 5.522418, "relative_strength": -27.396932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.582114, "energy": 35.719556, "activity_lines": [ 6.65, 6.704364, 6.742381, 6.954817 ] }, { "date": "2026-02-27", "close": 6.94, "volume": 186414607, "typical_volume": 185446899.65, "trend": 7.281667, "fair_value": 5.539675, "relative_strength": -24.532254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.679961, "energy": 26.616922, "activity_lines": [ 6.723333, 6.753091, 6.749857, 6.92886 ] }, { "date": "2026-03-06", "close": 6.89, "volume": 263449550, "typical_volume": 195042496.55, "trend": 7.233333, "fair_value": 5.557252, "relative_strength": -23.15213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.740715, "energy": 18.855326, "activity_lines": [ 6.774, 6.781273, 6.754429, 6.903591 ] }, { "date": "2026-03-13", "close": 6.78, "volume": 377262769, "typical_volume": 201883599.2, "trend": 7.181333, "fair_value": 5.574445, "relative_strength": -24.626639, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.158544, "energy": 11.294744, "activity_lines": [ 6.796667, 6.780909, 6.751, 6.874344 ] }, { "date": "2026-03-20", "close": 6.35, "volume": 309880386, "typical_volume": 210875406.2, "trend": 7.098, "fair_value": 5.588561, "relative_strength": -26.914405, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.45487, "energy": 25.535248, "activity_lines": [ 6.662667, 6.698909, 6.708571, 6.82071 ] }, { "date": "2026-03-27", "close": 6.07, "volume": 137013246, "typical_volume": 208833848.15, "trend": 7.004667, "fair_value": 5.601395, "relative_strength": -29.22944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.037651, "energy": 44.046674, "activity_lines": [ 6.454, 6.576545, 6.643333, 6.754387 ] }, { "date": "2026-04-03", "close": 5.91, "volume": 136898875, "typical_volume": 206591358.15, "trend": 6.908, "fair_value": 5.612626, "relative_strength": -28.588886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.844711, "energy": 66.276319, "activity_lines": [ 6.222, 6.439636, 6.567952, 6.683763 ] }, { "date": "2026-04-10", "close": 6.193231, "volume": 195306611, "typical_volume": 208774040.55, "trend": 6.844774, "fair_value": 5.625224, "relative_strength": -29.67648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.330229, "energy": 65.407649, "activity_lines": [ 6.153077, 6.371315, 6.526498, 6.637649 ] }, { "date": "2026-04-17", "close": 5.933515, "volume": 118238242, "typical_volume": 207681485.5, "trend": 6.773558, "fair_value": 5.636478, "relative_strength": -34.559506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.936857, "energy": 69.560011, "activity_lines": [ 6.044033, 6.270804, 6.465056, 6.578858 ] }, { "date": "2026-04-24", "close": 5.324181, "volume": 160822770, "typical_volume": 210170901.8, "trend": 6.698698, "fair_value": 5.643698, "relative_strength": -40.778633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.938224, "energy": 79.394785, "activity_lines": [ 5.788311, 6.07126, 6.348707, 6.48535 ] }, { "date": "2026-05-01", "close": 5.274236, "volume": 88837885, "typical_volume": 208722842.45, "trend": 6.629839, "fair_value": 5.650854, "relative_strength": -41.102256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.517751, "energy": 81.341471, "activity_lines": [ 5.584327, 5.886377, 6.234011, 6.393449 ] }, { "date": "2026-05-08", "close": 5.464028, "volume": 75020728, "typical_volume": 207139899.55, "trend": 6.56764, "fair_value": 5.661021, "relative_strength": -40.030461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.878004, "energy": 80.098604, "activity_lines": [ 5.496659, 5.758652, 6.143037, 6.318236 ] }, { "date": "2026-05-15", "close": 5.154366, "volume": 120063419, "typical_volume": 203761400.45, "trend": 6.492452, "fair_value": 5.669074, "relative_strength": -42.687401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.945901, "energy": 85.012212, "activity_lines": [ 5.335502, 5.60146, 6.026599, 6.227057 ] }, { "date": "2026-05-22", "close": 4.834716, "volume": 134319499, "typical_volume": 198885468.45, "trend": 6.413942, "fair_value": 5.674822, "relative_strength": -45.604324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.332084, "energy": 87.297742, "activity_lines": [ 5.137052, 5.417708, 5.885746, 6.120106 ] }, { "date": "2026-05-29", "close": 4.90464, "volume": 294478310, "typical_volume": 198537570.95, "trend": 6.338764, "fair_value": 5.682172, "relative_strength": -44.088039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.845709, "energy": 76.788106, "activity_lines": [ 5.035164, 5.282037, 5.75991, 6.022732 ] }, { "date": "2026-06-05", "close": 4.834716, "volume": 29321575, "typical_volume": 185455411.7, "trend": 6.261921, "fair_value": 5.689265, "relative_strength": -43.071634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.293896, "energy": 78.065253, "activity_lines": [ 4.937937, 5.159933, 5.63706, 5.925696 ] }, { "date": "2026-06-12", "close": 4.45, "volume": 25413632, "typical_volume": 166870558.65, "trend": 6.164588, "fair_value": 5.694469, "relative_strength": -45.484587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.797461, "energy": 85.725918, "activity_lines": [ 4.741772, 4.990339, 5.487262, 5.808798 ] }, { "date": "2026-06-19", "close": 4.44, "volume": 182374296, "typical_volume": 164693068.7, "trend": 6.072921, "fair_value": 5.699225, "relative_strength": -48.309898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.304945, "energy": 86.600629, "activity_lines": [ 4.609876, 4.845473, 5.34794, 5.697535 ] }, { "date": "2026-06-26", "close": 3.93, "volume": 33205503, "typical_volume": 157175582.4, "trend": 5.984254, "fair_value": 5.701544, "relative_strength": -52.583848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.431511, "energy": 93.858523, "activity_lines": [ 4.355605, 4.639757, 5.172332, 5.559282 ] }, { "date": "2026-07-03", "close": 4.12, "volume": 32322900, "typical_volume": 151648475.0, "trend": 5.899254, "fair_value": 5.704632, "relative_strength": -48.532642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.512465, "energy": 89.342442, "activity_lines": [ 4.224981, 4.505014, 5.027438, 5.439007 ] }, { "date": "2026-07-10", "close": 4.01, "volume": 119910728, "typical_volume": 151027776.55, "trend": 5.817588, "fair_value": 5.708105, "relative_strength": -46.917432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.46843, "energy": 88.651151, "activity_lines": [ 4.11, 4.372165, 4.884021, 5.31712 ] }, { "date": "2026-07-17", "close": 3.86, "volume": 122596649, "typical_volume": 147836878.65, "trend": 5.735921, "fair_value": 5.709719, "relative_strength": -42.508993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.821555, "energy": 85.823815, "activity_lines": [ 4.0, 4.235029, 4.73827, 5.190824 ] }, { "date": "2026-07-24", "close": 3.92, "volume": 169716380, "typical_volume": 143150220.15, "trend": 5.652588, "fair_value": 5.711462, "relative_strength": -40.607114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.969591, "energy": 76.549747, "activity_lines": [ 3.949333, 4.137966, 4.612901, 5.073668 ] }, { "date": "2026-07-31", "close": 4.39, "volume": 166619580, "typical_volume": 132618060.7, "trend": 5.579254, "fair_value": 5.716153, "relative_strength": -31.255018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.931371, "energy": 63.141307, "activity_lines": [ 4.09, 4.148801, 4.546436, 4.99221 ] }, { "date": "2026-08-07", "close": 4.41, "volume": 164957641, "typical_volume": 125371923.45, "trend": 5.495254, "fair_value": 5.721101, "relative_strength": -33.244395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.53348, "energy": 49.830338, "activity_lines": [ 4.206667, 4.171358, 4.493257, 4.916775 ] } ], "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." } } }