{ "ticker": { "uuid": "49be8260-4f02-4d2b-b670-a7a787e646ba", "symbol": "000156", "name": "Wasu Media Holding 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": -40.837, "architecture_energy": 25.221, "architecture_maturity": 89.596, "architecture_confidence": 86.907, "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": 30.19, "rotation_up": 26.71, "upward_expansion": 15.33, "deceleration": 46.95, "rotation_down": 33.39, "downward_expansion": 65.33 }, "activity_lines": [ 6.75, 6.671273, 6.822905, 7.06671 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 6.81, "trend_reference": 7.451333, "distance_from_trend": -0.08607, "trend_direction": "Weakening", "fair_value": 7.335399, "distance_from_fair_value": -0.071625, "fair_value_direction": "Weakening", "relative_strength": -14.291964, "relative_strength_direction": "Improving", "price_momentum": -0.21814, "excess_performance": -0.22554, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08607, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.045802, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.071625, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087897, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.14292, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.079255, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.21814, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.600936, "read": "Supply-led" } ], "volume": { "latest": 52186148, "relative_activity": 1.156144, "balance": 0.600936, "dry_up": 1.176183, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.065515, "annualized_volatility": 0.244358, "from_high_reference": -0.31968, "from_low_reference": 0.079239 }, "levels": { "trend_reference": 7.451333, "fair_value_reference": 7.335399, "structural_low": 6.31, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.0, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": 0.003695, "regime_survival": 0.695652, "best_return": 0.173565, "worst_return": -0.129252, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.040949, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.012678, "regime_survival": 0.6, "best_return": 0.368078, "worst_return": -0.127968, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.086293, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.029197, "regime_survival": 0.5, "best_return": 0.472313, "worst_return": -0.168934, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.131302, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.090939, "regime_survival": 0.5, "best_return": 0.372304, "worst_return": -0.278665, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.367939, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.148649, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.084321, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.018889, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.009913, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-21", "tenure": "Developing", "return": -0.049628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.031928, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.014785, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.109479, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.068044, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.017222, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.066667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": -0.025974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.101583, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.049582, "volume": 37246963, "typical_volume": 80617610.55, "trend": 8.000768, "fair_value": 7.416251, "relative_strength": 11.374635, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.24434, "energy": 11.663424, "activity_lines": [ 8.105456, 8.212683, 8.351671, 8.244557 ] }, { "date": "2023-08-04", "close": 8.224572, "volume": 38561412, "typical_volume": 80648409.6, "trend": 8.044976, "fair_value": 7.408498, "relative_strength": 11.794298, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.739324, "energy": 8.383361, "activity_lines": [ 8.153962, 8.203305, 8.338206, 8.258996 ] }, { "date": "2023-08-11", "close": 8.068002, "volume": 40143346, "typical_volume": 80497201.65, "trend": 8.084579, "fair_value": 7.398844, "relative_strength": 13.341851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.902095, "energy": 6.904627, "activity_lines": [ 8.136156, 8.157757, 8.307857, 8.260481 ] }, { "date": "2023-08-18", "close": 7.81012, "volume": 27715008, "typical_volume": 78768110.9, "trend": 8.107911, "fair_value": 7.38664, "relative_strength": 12.676751, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.998091, "energy": 21.636932, "activity_lines": [ 8.021337, 8.075369, 8.252816, 8.242774 ] }, { "date": "2023-08-25", "close": 7.814546, "volume": 37273837, "typical_volume": 78449786.75, "trend": 8.131391, "fair_value": 7.375305, "relative_strength": 15.586998, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.192129, "energy": 34.120168, "activity_lines": [ 7.934396, 8.014216, 8.200214, 8.223847 ] }, { "date": "2023-09-01", "close": 8.334255, "volume": 56496263, "typical_volume": 73587766.3, "trend": 8.167282, "fair_value": 7.367134, "relative_strength": 18.445196, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -17.243023, "energy": 23.350595, "activity_lines": [ 8.048026, 8.064722, 8.199148, 8.236935 ] }, { "date": "2023-09-08", "close": 7.342082, "volume": 65848551, "typical_volume": 72122099.6, "trend": 8.161198, "fair_value": 7.350919, "relative_strength": 5.712202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -47.893664, "energy": 51.816259, "activity_lines": [ 7.811954, 7.933341, 8.104822, 8.183697 ] }, { "date": "2023-09-15", "close": 7.50272, "volume": 42248274, "typical_volume": 67919562.45, "trend": 8.166301, "fair_value": 7.336127, "relative_strength": 9.016295, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.230048, "energy": 61.916665, "activity_lines": [ 7.68826, 7.843361, 8.029997, 8.141214 ] }, { "date": "2023-09-22", "close": 7.597212, "volume": 38699508, "typical_volume": 66448373.0, "trend": 8.173634, "fair_value": 7.323568, "relative_strength": 9.480913, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.751014, "energy": 60.660398, "activity_lines": [ 7.633749, 7.777825, 7.97002, 8.104499 ] }, { "date": "2023-09-29", "close": 7.257038, "volume": 35821806, "typical_volume": 55992773.65, "trend": 8.161645, "fair_value": 7.308884, "relative_strength": 4.874392, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.072659, "energy": 77.586352, "activity_lines": [ 7.480041, 7.661511, 7.884011, 8.045364 ] }, { "date": "2023-10-13", "close": 6.973561, "volume": 44084742, "typical_volume": 52245992.45, "trend": 8.141434, "fair_value": 7.293617, "relative_strength": 0.91609, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.565214, "energy": 82.385512, "activity_lines": [ 7.269008, 7.511247, 7.781225, 7.968713 ] }, { "date": "2023-10-20", "close": 6.699532, "volume": 26539991, "typical_volume": 50182875.45, "trend": 8.104415, "fair_value": 7.2808, "relative_strength": 1.626612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.426684, "energy": 89.790452, "activity_lines": [ 7.057344, 7.330723, 7.658868, 7.875687 ] }, { "date": "2023-10-27", "close": 6.869618, "volume": 31756324, "typical_volume": 45774633.85, "trend": 8.06539, "fair_value": 7.269467, "relative_strength": 1.704082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.592237, "energy": 85.565369, "activity_lines": [ 6.945213, 7.208853, 7.557954, 7.796023 ] }, { "date": "2023-11-03", "close": 6.98301, "volume": 40133554, "typical_volume": 43468347.1, "trend": 8.023697, "fair_value": 7.257458, "relative_strength": 2.134907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.653447, "energy": 81.445867, "activity_lines": [ 6.913085, 7.129388, 7.476178, 7.726192 ] }, { "date": "2023-11-10", "close": 7.171996, "volume": 52245711, "typical_volume": 41556421.05, "trend": 7.987997, "fair_value": 7.246436, "relative_strength": 3.234625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.169591, "energy": 55.358995, "activity_lines": [ 6.9849, 7.099322, 7.42169, 7.671243 ] }, { "date": "2023-11-17", "close": 7.351532, "volume": 46232698, "typical_volume": 41927142.15, "trend": 7.946616, "fair_value": 7.236341, "relative_strength": 5.34721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.365288, "energy": 39.562572, "activity_lines": [ 7.122229, 7.113582, 7.391856, 7.630181 ] }, { "date": "2023-11-24", "close": 7.512169, "volume": 97019392, "typical_volume": 43969499.15, "trend": 7.922869, "fair_value": 7.230361, "relative_strength": 8.675042, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.353613, "energy": 23.6206, "activity_lines": [ 7.287907, 7.174916, 7.38161, 7.602152 ] }, { "date": "2023-12-01", "close": 7.568865, "volume": 53624305, "typical_volume": 44545776.4, "trend": 7.884127, "fair_value": 7.225473, "relative_strength": 10.302276, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.088435, "energy": 24.209771, "activity_lines": [ 7.418307, 7.243466, 7.379147, 7.579313 ] }, { "date": "2023-12-08", "close": 7.578314, "volume": 61486402, "typical_volume": 45155033.85, "trend": 7.838946, "fair_value": 7.221656, "relative_strength": 11.833405, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.453288, "energy": 22.759951, "activity_lines": [ 7.50524, 7.312532, 7.379171, 7.559583 ] }, { "date": "2023-12-15", "close": 7.946836, "volume": 75968599, "typical_volume": 47457334.3, "trend": 7.790392, "fair_value": 7.218799, "relative_strength": 18.608769, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.159882, "energy": 23.898603, "activity_lines": [ 7.675327, 7.448945, 7.417283, 7.566544 ] }, { "date": "2023-12-22", "close": 7.275937, "volume": 54620012, "typical_volume": 48325986.75, "trend": 7.75478, "fair_value": 7.210575, "relative_strength": 9.94984, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.117843, "energy": 18.34638, "activity_lines": [ 7.570125, 7.450835, 7.392822, 7.533353 ] }, { "date": "2023-12-29", "close": 6.964111, "volume": 47175436, "typical_volume": 48756687.95, "trend": 7.726887, "fair_value": 7.200914, "relative_strength": 1.538027, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.923733, "energy": 19.940179, "activity_lines": [ 7.36602, 7.390531, 7.342347, 7.482342 ] }, { "date": "2024-01-05", "close": 7.077502, "volume": 45728197, "typical_volume": 49035930.5, "trend": 7.67545, "fair_value": 7.195064, "relative_strength": 7.370456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.130934, "energy": 27.034894, "activity_lines": [ 7.23625, 7.346034, 7.308674, 7.440447 ] }, { "date": "2024-01-12", "close": 6.85072, "volume": 29824717, "typical_volume": 49141415.95, "trend": 7.606016, "fair_value": 7.188603, "relative_strength": 4.940793, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.594691, "energy": 50.127873, "activity_lines": [ 7.063643, 7.256523, 7.258119, 7.387238 ] }, { "date": "2024-01-19", "close": 6.576692, "volume": 38088236, "typical_volume": 49182135.9, "trend": 7.53328, "fair_value": 7.182797, "relative_strength": 2.752056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.963291, "energy": 71.083173, "activity_lines": [ 6.8482, 7.119595, 7.186034, 7.32083 ] }, { "date": "2024-01-26", "close": 6.822372, "volume": 53503799, "typical_volume": 49032512.7, "trend": 7.485619, "fair_value": 7.17851, "relative_strength": 6.425021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.762492, "energy": 63.914414, "activity_lines": [ 6.805994, 7.038159, 7.143243, 7.274965 ] }, { "date": "2024-02-02", "close": 6.07588, "volume": 51462209, "typical_volume": 48313195.6, "trend": 7.421057, "fair_value": 7.171513, "relative_strength": 2.659416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.48248, "energy": 75.39515, "activity_lines": [ 6.545194, 6.830619, 7.036556, 7.184014 ] }, { "date": "2024-02-09", "close": 6.746778, "volume": 90147930, "typical_volume": 50708178.4, "trend": 7.382543, "fair_value": 7.168817, "relative_strength": 3.668781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.170384, "energy": 50.009096, "activity_lines": [ 6.567242, 6.771174, 6.999794, 7.140512 ] }, { "date": "2024-02-23", "close": 6.860169, "volume": 55892352, "typical_volume": 51567820.6, "trend": 7.337676, "fair_value": 7.167184, "relative_strength": 2.177875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.655406, "energy": 36.016719, "activity_lines": [ 6.649136, 6.747293, 6.97743, 7.106811 ] }, { "date": "2024-03-01", "close": 7.039706, "volume": 54849291, "typical_volume": 52519194.85, "trend": 7.298181, "fair_value": 7.167151, "relative_strength": 0.481761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.002488, "energy": 26.043398, "activity_lines": [ 6.790245, 6.769113, 6.975675, 7.087587 ] }, { "date": "2024-03-08", "close": 6.85072, "volume": 43740258, "typical_volume": 52501970.65, "trend": 7.258219, "fair_value": 7.165682, "relative_strength": -1.797965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.677054, "energy": 16.151838, "activity_lines": [ 6.837491, 6.773064, 6.956957, 7.058719 ] }, { "date": "2024-03-15", "close": 6.926314, "volume": 47059876, "typical_volume": 53527964.9, "trend": 7.214944, "fair_value": 7.163464, "relative_strength": -3.425671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.061753, "energy": 16.910764, "activity_lines": [ 6.908046, 6.798491, 6.946023, 7.037305 ] }, { "date": "2024-03-22", "close": 8.022429, "volume": 104382400, "typical_volume": 57159268.7, "trend": 7.213425, "fair_value": 7.166533, "relative_strength": 11.901057, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.3047, "energy": 21.334151, "activity_lines": [ 7.287276, 7.023899, 7.038401, 7.089401 ] }, { "date": "2024-03-29", "close": 7.965734, "volume": 404267018, "typical_volume": 75365941.9, "trend": 7.218612, "fair_value": 7.170192, "relative_strength": 12.609595, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.284096, "energy": 33.68942, "activity_lines": [ 7.562565, 7.221819, 7.119889, 7.137937 ] }, { "date": "2024-04-05", "close": 7.285387, "volume": 122358929, "typical_volume": 78871602.8, "trend": 7.200973, "fair_value": 7.168143, "relative_strength": 1.251944, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.330101, "energy": 27.89605, "activity_lines": [ 7.537367, 7.275765, 7.131903, 7.142245 ] }, { "date": "2024-04-12", "close": 6.699532, "volume": 130988355, "typical_volume": 83109385.65, "trend": 7.146482, "fair_value": 7.165032, "relative_strength": -3.754961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.120629, "energy": 12.842907, "activity_lines": [ 7.300505, 7.210308, 7.087582, 7.109894 ] }, { "date": "2024-04-19", "close": 6.916865, "volume": 101299479, "typical_volume": 83323390.0, "trend": 7.132308, "fair_value": 7.162809, "relative_strength": -1.323809, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.430653, "energy": 5.916728, "activity_lines": [ 7.146167, 7.186599, 7.067063, 7.09508 ] }, { "date": "2024-04-26", "close": 6.926314, "volume": 66371421, "typical_volume": 83960745.8, "trend": 7.113095, "fair_value": 7.160086, "relative_strength": -3.123831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.010509, "energy": 14.903146, "activity_lines": [ 6.995609, 7.149317, 7.05028, 7.08179 ] }, { "date": "2024-05-03", "close": 7.10585, "volume": 34010104, "typical_volume": 82586930.9, "trend": 7.096716, "fair_value": 7.159243, "relative_strength": -1.94719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.9576, "energy": 16.138774, "activity_lines": [ 6.97797, 7.141414, 7.053654, 7.081323 ] }, { "date": "2024-05-10", "close": 6.869618, "volume": 58963636, "typical_volume": 81736682.75, "trend": 7.083802, "fair_value": 7.158175, "relative_strength": -6.458284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.945898, "energy": 15.648505, "activity_lines": [ 6.938913, 7.086093, 7.036781, 7.066671 ] }, { "date": "2024-05-17", "close": 6.926314, "volume": 46964798, "typical_volume": 81353922.05, "trend": 7.082227, "fair_value": 7.155901, "relative_strength": -5.267532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.707215, "energy": 22.469161, "activity_lines": [ 6.946472, 7.044172, 7.030436, 7.056511 ] }, { "date": "2024-05-24", "close": 6.661735, "volume": 44275570, "typical_volume": 81208928.75, "trend": 7.080967, "fair_value": 7.152491, "relative_strength": -5.777386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.859554, "energy": 33.115112, "activity_lines": [ 6.85072, 6.952772, 7.000558, 7.029382 ] }, { "date": "2024-05-31", "close": 6.434952, "volume": 51510429, "typical_volume": 81498040.35, "trend": 7.066478, "fair_value": 7.150545, "relative_strength": -8.24663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.346911, "energy": 47.957042, "activity_lines": [ 6.696382, 6.824949, 6.950522, 6.987704 ] }, { "date": "2024-06-07", "close": 6.20817, "volume": 59560313, "typical_volume": 82984820.15, "trend": 7.04065, "fair_value": 7.147818, "relative_strength": -10.338629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.234854, "energy": 60.578667, "activity_lines": [ 6.499207, 6.684756, 6.881948, 6.932329 ] }, { "date": "2024-06-14", "close": 6.236517, "volume": 28138186, "typical_volume": 82487317.65, "trend": 7.009468, "fair_value": 7.144656, "relative_strength": -9.640851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.006265, "energy": 65.461515, "activity_lines": [ 6.371327, 6.581673, 6.819132, 6.88045 ] }, { "date": "2024-06-21", "close": 5.905793, "volume": 39758239, "typical_volume": 81800039.65, "trend": 6.961276, "fair_value": 7.13943, "relative_strength": -12.265136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.499907, "energy": 75.735478, "activity_lines": [ 6.175412, 6.437529, 6.72644, 6.809245 ] }, { "date": "2024-06-28", "close": 5.934141, "volume": 43687020, "typical_volume": 81411280.2, "trend": 6.908676, "fair_value": 7.134554, "relative_strength": -9.446713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.287722, "energy": 79.738875, "activity_lines": [ 6.056981, 6.312971, 6.640811, 6.742978 ] }, { "date": "2024-07-05", "close": 5.877445, "volume": 32397433, "typical_volume": 78523755.35, "trend": 6.852295, "fair_value": 7.129034, "relative_strength": -8.565313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.531122, "energy": 81.252966, "activity_lines": [ 5.968158, 6.195971, 6.550458, 6.676447 ] }, { "date": "2024-07-12", "close": 5.716808, "volume": 42877858, "typical_volume": 77873030.65, "trend": 6.790245, "fair_value": 7.121026, "relative_strength": -12.472248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.221529, "energy": 86.218326, "activity_lines": [ 5.862956, 6.068836, 6.448946, 6.60319 ] }, { "date": "2024-07-19", "close": 5.716808, "volume": 35975043, "typical_volume": 76929318.25, "trend": 6.71591, "fair_value": 7.113747, "relative_strength": -12.765253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.819497, "energy": 84.433463, "activity_lines": [ 5.790512, 5.966956, 6.352879, 6.533936 ] }, { "date": "2024-07-26", "close": 5.679011, "volume": 33366072, "typical_volume": 76410608.95, "trend": 6.66268, "fair_value": 7.106843, "relative_strength": -10.068916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.827693, "energy": 80.497819, "activity_lines": [ 5.740116, 5.879163, 6.259511, 6.467039 ] }, { "date": "2024-08-02", "close": 5.877445, "volume": 58495792, "typical_volume": 76982404.75, "trend": 6.626457, "fair_value": 7.101884, "relative_strength": -6.271123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.935638, "energy": 59.248055, "activity_lines": [ 5.770984, 5.850128, 6.190621, 6.416379 ] }, { "date": "2024-08-09", "close": 5.886895, "volume": 32997824, "typical_volume": 73413175.95, "trend": 6.58677, "fair_value": 7.098107, "relative_strength": -4.272779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.95636, "energy": 52.264807, "activity_lines": [ 5.808781, 5.837071, 6.127626, 6.368665 ] }, { "date": "2024-08-16", "close": 6.094779, "volume": 29838642, "typical_volume": 54691757.15, "trend": 6.561572, "fair_value": 7.095776, "relative_strength": -0.367093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.243453, "energy": 37.92301, "activity_lines": [ 5.915243, 5.871776, 6.094599, 6.336924 ] }, { "date": "2024-08-23", "close": 5.95304, "volume": 44379207, "typical_volume": 50792771.05, "trend": 6.540784, "fair_value": 7.091502, "relative_strength": -0.637398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.035648, "energy": 29.092675, "activity_lines": [ 5.94926, 5.882772, 6.056982, 6.297664 ] }, { "date": "2024-08-30", "close": 6.158654, "volume": 32485520, "typical_volume": 45867629.3, "trend": 6.51866, "fair_value": 7.090441, "relative_strength": 0.76768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.784504, "energy": 22.727939, "activity_lines": [ 6.036067, 5.936306, 6.045291, 6.27301 ] }, { "date": "2024-09-06", "close": 6.060743, "volume": 30127507, "typical_volume": 42309030.7, "trend": 6.518156, "fair_value": 7.089327, "relative_strength": 1.890477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.741606, "energy": 22.547923, "activity_lines": [ 6.05826, 5.96744, 6.026852, 6.243467 ] }, { "date": "2024-09-13", "close": 6.011786, "volume": 24862120, "typical_volume": 40233565.65, "trend": 6.493656, "fair_value": 7.087612, "relative_strength": 3.048908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.455513, "energy": 18.169193, "activity_lines": [ 6.051915, 5.987372, 6.007827, 6.210798 ] }, { "date": "2024-09-20", "close": 5.95304, "volume": 20731131, "typical_volume": 39569617.0, "trend": 6.463418, "fair_value": 7.08552, "relative_strength": 0.823187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.610926, "energy": 15.085549, "activity_lines": [ 6.017661, 5.99418, 5.987561, 6.175919 ] }, { "date": "2024-09-27", "close": 6.648213, "volume": 65729738, "typical_volume": 39907922.1, "trend": 6.450368, "fair_value": 7.087367, "relative_strength": -4.337626, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.376932, "energy": 15.168401, "activity_lines": [ 6.224582, 6.123087, 6.038993, 6.187842 ] }, { "date": "2024-10-04", "close": 7.314014, "volume": 32680156, "typical_volume": 39193690.0, "trend": 6.465812, "fair_value": 7.091703, "relative_strength": -4.771177, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.316077, "energy": 59.465099, "activity_lines": [ 6.60709, 6.356115, 6.154888, 6.243561 ] }, { "date": "2024-10-11", "close": 6.755917, "volume": 105927487, "typical_volume": 42276285.85, "trend": 6.460132, "fair_value": 7.08959, "relative_strength": -7.824341, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.022329, "energy": 52.024462, "activity_lines": [ 6.726543, 6.457944, 6.215785, 6.262277 ] }, { "date": "2024-10-18", "close": 6.902784, "volume": 65315940, "typical_volume": 42966561.4, "trend": 6.42281, "fair_value": 7.088935, "relative_strength": -8.457242, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.631255, "energy": 59.216923, "activity_lines": [ 6.848606, 6.570503, 6.29022, 6.290836 ] }, { "date": "2024-10-25", "close": 7.088817, "volume": 77594754, "typical_volume": 43868283.45, "trend": 6.39358, "fair_value": 7.088841, "relative_strength": -8.232088, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.541213, "energy": 66.866746, "activity_lines": [ 6.973281, 6.698416, 6.380146, 6.333804 ] }, { "date": "2024-11-01", "close": 7.030069, "volume": 84895429, "typical_volume": 46706145.6, "trend": 6.385069, "fair_value": 7.090782, "relative_strength": -7.486993, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.930815, "energy": 47.232818, "activity_lines": [ 7.002654, 6.797573, 6.460283, 6.374868 ] }, { "date": "2024-11-08", "close": 7.421717, "volume": 89653147, "typical_volume": 49200891.0, "trend": 6.409142, "fair_value": 7.094545, "relative_strength": -8.406462, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.022869, "energy": 67.800523, "activity_lines": [ 7.13712, 6.948358, 6.57394, 6.441748 ] }, { "date": "2024-11-15", "close": 7.284641, "volume": 135348543, "typical_volume": 53783967.15, "trend": 6.421401, "fair_value": 7.098635, "relative_strength": -6.544585, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.559291, "energy": 59.152828, "activity_lines": [ 7.218713, 7.051254, 6.667325, 6.498232 ] }, { "date": "2024-11-22", "close": 7.225893, "volume": 98837155, "typical_volume": 57105953.25, "trend": 6.431387, "fair_value": 7.103152, "relative_strength": -4.430471, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.363985, "energy": 49.30313, "activity_lines": [ 7.245476, 7.121217, 6.748683, 6.550135 ] }, { "date": "2024-11-29", "close": 7.441299, "volume": 71334572, "typical_volume": 58528788.95, "trend": 6.442569, "fair_value": 7.10882, "relative_strength": -3.025768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.961153, "energy": 51.842953, "activity_lines": [ 7.3225, 7.208269, 6.844135, 6.61529 ] }, { "date": "2024-12-06", "close": 7.783991, "volume": 97443128, "typical_volume": 61602193.2, "trend": 6.473048, "fair_value": 7.116226, "relative_strength": -0.095989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.600898, "energy": 54.646652, "activity_lines": [ 7.490255, 7.33057, 6.964012, 6.701834 ] }, { "date": "2024-12-13", "close": 8.224594, "volume": 173864685, "typical_volume": 68627123.85, "trend": 6.516324, "fair_value": 7.126973, "relative_strength": 6.40243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.206368, "energy": 66.017455, "activity_lines": [ 7.754617, 7.51233, 7.116008, 6.814837 ] }, { "date": "2024-12-20", "close": 7.686079, "volume": 165930554, "typical_volume": 73998861.95, "trend": 6.550469, "fair_value": 7.132832, "relative_strength": 0.390162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.66728, "energy": 54.489363, "activity_lines": [ 7.785949, 7.579622, 7.204595, 6.890305 ] }, { "date": "2024-12-27", "close": 7.333596, "volume": 79197681, "typical_volume": 76308854.8, "trend": 6.580423, "fair_value": 7.137408, "relative_strength": -4.074481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.486473, "energy": 46.129001, "activity_lines": [ 7.673024, 7.565914, 7.251, 6.940829 ] }, { "date": "2025-01-03", "close": 6.677588, "volume": 61821209, "typical_volume": 77907983.15, "trend": 6.596071, "fair_value": 7.137894, "relative_strength": -5.78015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.744112, "energy": 22.479582, "activity_lines": [ 7.334249, 7.4251, 7.228038, 6.947098 ] }, { "date": "2025-01-10", "close": 6.413225, "volume": 58738348, "typical_volume": 78625940.2, "trend": 6.601961, "fair_value": 7.135306, "relative_strength": -8.275943, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.822608, "energy": 17.456729, "activity_lines": [ 6.958268, 7.243696, 7.177124, 6.935301 ] }, { "date": "2025-01-17", "close": 6.78529, "volume": 64463212, "typical_volume": 80224824.8, "trend": 6.631277, "fair_value": 7.132807, "relative_strength": -6.207183, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.596061, "energy": 22.997492, "activity_lines": [ 6.797692, 7.141155, 7.159453, 6.947129 ] }, { "date": "2025-01-24", "close": 6.981114, "volume": 47389835, "typical_volume": 81087941.2, "trend": 6.666177, "fair_value": 7.131334, "relative_strength": -4.551367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.621879, "energy": 22.343348, "activity_lines": [ 6.798345, 7.08579, 7.157448, 6.969699 ] }, { "date": "2025-01-31", "close": 7.039861, "volume": 14766896, "typical_volume": 80583180.0, "trend": 6.704924, "fair_value": 7.127883, "relative_strength": -2.226927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.874191, "energy": 17.441298, "activity_lines": [ 6.865578, 7.046626, 7.156656, 6.993808 ] }, { "date": "2025-02-07", "close": 7.333596, "volume": 52207211, "typical_volume": 82156984.0, "trend": 6.758817, "fair_value": 7.1262, "relative_strength": -2.029943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.573569, "energy": 9.737535, "activity_lines": [ 7.050305, 7.06425, 7.178942, 7.034367 ] }, { "date": "2025-02-14", "close": 8.772901, "volume": 522896810, "typical_volume": 105015337.6, "trend": 6.860686, "fair_value": 7.134662, "relative_strength": 15.146368, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.765671, "energy": 50.895246, "activity_lines": [ 7.671066, 7.345524, 7.331731, 7.164308 ] }, { "date": "2025-02-21", "close": 8.694571, "volume": 470483559, "typical_volume": 126905507.75, "trend": 6.961205, "fair_value": 7.142048, "relative_strength": 11.501863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.226212, "energy": 68.397995, "activity_lines": [ 8.108406, 7.594576, 7.466943, 7.282623 ] }, { "date": "2025-02-28", "close": 7.754617, "volume": 201614481, "typical_volume": 131689857.45, "trend": 7.023777, "fair_value": 7.14783, "relative_strength": 3.053036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.603121, "energy": 61.208868, "activity_lines": [ 8.105142, 7.664182, 7.506061, 7.333811 ] }, { "date": "2025-03-07", "close": 8.185429, "volume": 147683825, "typical_volume": 135808251.7, "trend": 7.100395, "fair_value": 7.151263, "relative_strength": 6.377779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.158363, "energy": 65.268773, "activity_lines": [ 8.193915, 7.810872, 7.581453, 7.408756 ] }, { "date": "2025-03-14", "close": 8.85123, "volume": 316748060, "typical_volume": 147765917.0, "trend": 7.192277, "fair_value": 7.156896, "relative_strength": 13.357188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.213885, "energy": 60.891728, "activity_lines": [ 8.428251, 8.063129, 7.714147, 7.521713 ] }, { "date": "2025-03-21", "close": 8.577077, "volume": 264123301, "typical_volume": 156727310.6, "trend": 7.279745, "fair_value": 7.162668, "relative_strength": 12.944832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.903821, "energy": 43.084852, "activity_lines": [ 8.470026, 8.226018, 7.812339, 7.611055 ] }, { "date": "2025-03-28", "close": 8.136474, "volume": 119780867, "typical_volume": 158233696.6, "trend": 7.345672, "fair_value": 7.16682, "relative_strength": 8.188229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.490822, "energy": 39.032905, "activity_lines": [ 8.37799, 8.269456, 7.861201, 7.666328 ] }, { "date": "2025-04-04", "close": 8.097309, "volume": 64706700, "typical_volume": 154701604.45, "trend": 7.413558, "fair_value": 7.171354, "relative_strength": 10.123533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.543706, "energy": 35.005469, "activity_lines": [ 8.310104, 8.281205, 7.902931, 7.714821 ] }, { "date": "2025-04-11", "close": 7.402134, "volume": 130227940, "typical_volume": 156271143.7, "trend": 7.459903, "fair_value": 7.172694, "relative_strength": 6.030904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.384863, "energy": 13.099969, "activity_lines": [ 7.987647, 8.146265, 7.874583, 7.714084 ] }, { "date": "2025-04-18", "close": 7.402134, "volume": 63832610, "typical_volume": 155896045.6, "trend": 7.508206, "fair_value": 7.174953, "relative_strength": 6.570393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.103084, "energy": 15.927213, "activity_lines": [ 7.717411, 8.004737, 7.845396, 7.710357 ] }, { "date": "2025-04-25", "close": 7.431509, "volume": 53690471, "typical_volume": 153708412.75, "trend": 7.534316, "fair_value": 7.175218, "relative_strength": 5.482414, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.087347, "energy": 18.466992, "activity_lines": [ 7.553572, 7.867305, 7.819193, 7.705409 ] }, { "date": "2025-05-02", "close": 7.539211, "volume": 35227441, "typical_volume": 146776550.55, "trend": 7.541822, "fair_value": 7.175715, "relative_strength": 7.138419, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.799435, "energy": 18.442325, "activity_lines": [ 7.502005, 7.773844, 7.804925, 7.705725 ] }, { "date": "2025-05-09", "close": 7.568585, "volume": 60437299, "typical_volume": 141501887.8, "trend": 7.568911, "fair_value": 7.177433, "relative_strength": 5.027039, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.11284, "energy": 15.368366, "activity_lines": [ 7.500047, 7.70673, 7.796719, 7.707451 ] }, { "date": "2025-05-16", "close": 7.480464, "volume": 52235057, "typical_volume": 140153756.6, "trend": 7.588167, "fair_value": 7.180826, "relative_strength": 3.206172, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.056796, "energy": 18.618301, "activity_lines": [ 7.503963, 7.626976, 7.78068, 7.701745 ] }, { "date": "2025-05-23", "close": 7.372761, "volume": 67723895, "typical_volume": 140448890.9, "trend": 7.597632, "fair_value": 7.185193, "relative_strength": 2.136595, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.092902, "energy": 21.566142, "activity_lines": [ 7.466756, 7.540457, 7.753685, 7.687848 ] }, { "date": "2025-05-30", "close": 7.52942, "volume": 41262883, "typical_volume": 139575117.65, "trend": 7.614277, "fair_value": 7.192115, "relative_strength": 5.082372, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.021682, "energy": 19.071787, "activity_lines": [ 7.483728, 7.509304, 7.738299, 7.683447 ] }, { "date": "2025-06-06", "close": 7.715453, "volume": 48855491, "typical_volume": 138794731.6, "trend": 7.624068, "fair_value": 7.199024, "relative_strength": 5.917924, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.809679, "energy": 9.568938, "activity_lines": [ 7.556183, 7.531022, 7.735315, 7.689974 ] }, { "date": "2025-06-13", "close": 7.656706, "volume": 71262754, "typical_volume": 139988377.55, "trend": 7.63647, "fair_value": 7.205671, "relative_strength": 5.517316, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.21522, "energy": 5.861287, "activity_lines": [ 7.597306, 7.549715, 7.722306, 7.69208 ] }, { "date": "2025-06-20", "close": 7.402134, "volume": 53088504, "typical_volume": 141904457.95, "trend": 7.642345, "fair_value": 7.209538, "relative_strength": 2.958796, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.599885, "energy": 6.567799, "activity_lines": [ 7.547697, 7.530132, 7.681836, 7.676962 ] }, { "date": "2025-06-27", "close": 7.764408, "volume": 50678913, "typical_volume": 141828043.05, "trend": 7.653115, "fair_value": 7.21412, "relative_strength": 3.895514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.286044, "energy": 5.64145, "activity_lines": [ 7.624068, 7.576418, 7.674143, 7.684837 ] }, { "date": "2025-07-04", "close": 7.69587, "volume": 50852759, "typical_volume": 118225840.5, "trend": 7.650178, "fair_value": 7.217917, "relative_strength": 1.549441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.581844, "energy": 3.837007, "activity_lines": [ 7.651483, 7.603655, 7.657871, 7.687595 ] }, { "date": "2025-07-11", "close": 7.989605, "volume": 60775584, "typical_volume": 97740441.75, "trend": 7.642345, "fair_value": 7.223942, "relative_strength": 3.299832, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.413038, "energy": 26.70752, "activity_lines": [ 7.765714, 7.679492, 7.674702, 7.709494 ] }, { "date": "2025-07-18", "close": 8.058144, "volume": 59577936, "typical_volume": 90638614.5, "trend": 7.654747, "fair_value": 7.230349, "relative_strength": 1.846728, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.975093, "energy": 47.125747, "activity_lines": [ 7.884513, 7.759602, 7.701418, 7.736319 ] }, { "date": "2025-07-25", "close": 8.205012, "volume": 63653059, "typical_volume": 86437076.2, "trend": 7.683794, "fair_value": 7.237754, "relative_strength": 1.142816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.028358, "energy": 63.609724, "activity_lines": [ 8.025507, 7.857514, 7.740676, 7.77182 ] }, { "date": "2025-08-01", "close": 8.097309, "volume": 70076581, "typical_volume": 74103502.25, "trend": 7.731118, "fair_value": 7.24625, "relative_strength": 1.287998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.295706, "energy": 64.844578, "activity_lines": [ 8.077074, 7.92267, 7.769584, 7.798499 ] }, { "date": "2025-08-08", "close": 8.067935, "volume": 54563003, "typical_volume": 63625487.35, "trend": 7.786275, "fair_value": 7.25605, "relative_strength": -0.387209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.989546, "energy": 61.286468, "activity_lines": [ 8.096656, 7.969311, 7.799284, 7.820229 ] }, { "date": "2025-08-15", "close": 8.156055, "volume": 75547393, "typical_volume": 61413813.65, "trend": 7.831968, "fair_value": 7.264807, "relative_strength": -3.60512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.969932, "energy": 53.37614, "activity_lines": [ 8.120807, 8.022183, 7.8398, 7.844085 ] }, { "date": "2025-08-22", "close": 8.567286, "volume": 119669782, "typical_volume": 64161967.75, "trend": 7.88484, "fair_value": 7.277061, "relative_strength": -3.107556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.866794, "energy": 65.176209, "activity_lines": [ 8.270939, 8.141814, 7.919389, 7.891525 ] }, { "date": "2025-08-29", "close": 8.36, "volume": 115348373, "typical_volume": 63417989.4, "trend": 7.928845, "fair_value": 7.289078, "relative_strength": -9.209118, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 38.069646, "energy": 47.598169, "activity_lines": [ 8.318033, 8.2072, 7.976998, 7.922181 ] }, { "date": "2025-09-05", "close": 8.07, "volume": 93088186, "typical_volume": 64880768.2, "trend": 7.953391, "fair_value": 7.298489, "relative_strength": -11.378108, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.074568, "energy": 32.23455, "activity_lines": [ 8.258127, 8.202443, 8.002426, 7.931288 ] }, { "date": "2025-09-12", "close": 8.25, "volume": 73129065, "typical_volume": 65852697.9, "trend": 7.935961, "fair_value": 7.309227, "relative_strength": -11.469796, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.976205, "energy": 39.75156, "activity_lines": [ 8.260042, 8.224858, 8.041817, 7.950424 ] }, { "date": "2025-09-19", "close": 7.99, "volume": 67695592, "typical_volume": 67476105.45, "trend": 7.912476, "fair_value": 7.317465, "relative_strength": -14.936657, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 40.248473, "energy": 22.879552, "activity_lines": [ 8.163152, 8.189924, 8.052549, 7.95391 ] }, { "date": "2025-09-26", "close": 8.06, "volume": 72598364, "typical_volume": 68084158.7, "trend": 7.922655, "fair_value": 7.325029, "relative_strength": -14.887167, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.077021, "energy": 19.628198, "activity_lines": [ 8.100667, 8.167711, 8.067801, 7.963428 ] }, { "date": "2025-10-03", "close": 8.03, "volume": 19341793, "typical_volume": 66439495.5, "trend": 7.917474, "fair_value": 7.332874, "relative_strength": -16.969544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.695915, "energy": 18.046353, "activity_lines": [ 8.062, 8.140009, 8.077855, 7.970353 ] }, { "date": "2025-10-10", "close": 7.98, "volume": 23725620, "typical_volume": 64239581.75, "trend": 7.888433, "fair_value": 7.342465, "relative_strength": -16.262831, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.11438, "energy": 18.787499, "activity_lines": [ 8.028667, 8.106398, 8.080531, 7.974387 ] }, { "date": "2025-10-17", "close": 7.62, "volume": 69481294, "typical_volume": 65650502.3, "trend": 7.856531, "fair_value": 7.349275, "relative_strength": -15.690839, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.435118, "energy": 16.617121, "activity_lines": [ 7.881333, 8.009466, 8.046029, 7.957069 ] }, { "date": "2025-10-24", "close": 7.94, "volume": 65758369, "typical_volume": 66495646.2, "trend": 7.849981, "fair_value": 7.360735, "relative_strength": -15.959358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.816032, "energy": 15.965008, "activity_lines": [ 7.882667, 7.97886, 8.041573, 7.962454 ] }, { "date": "2025-10-31", "close": 7.89, "volume": 45390420, "typical_volume": 65202029.5, "trend": 7.843071, "fair_value": 7.370339, "relative_strength": -16.858541, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.742815, "energy": 15.862237, "activity_lines": [ 7.870667, 7.943091, 8.031285, 7.965036 ] }, { "date": "2025-11-07", "close": 8.01, "volume": 77639835, "typical_volume": 66429596.05, "trend": 7.863333, "fair_value": 7.381361, "relative_strength": -15.602716, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.539812, "energy": 13.176803, "activity_lines": [ 7.91, 7.941455, 8.031314, 7.975805 ] }, { "date": "2025-11-14", "close": 8.11, "volume": 58219129, "typical_volume": 66806606.85, "trend": 7.886929, "fair_value": 7.393674, "relative_strength": -13.18228, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.708715, "energy": 14.400341, "activity_lines": [ 7.984, 7.964364, 8.037973, 7.991719 ] }, { "date": "2025-11-21", "close": 7.66, "volume": 118766285, "typical_volume": 70202283.15, "trend": 7.894545, "fair_value": 7.401273, "relative_strength": -13.374034, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.043532, "energy": 5.283255, "activity_lines": [ 7.899333, 7.904727, 8.000129, 7.977079 ] }, { "date": "2025-11-28", "close": 7.83, "volume": 65745632, "typical_volume": 70450785.55, "trend": 7.904238, "fair_value": 7.409075, "relative_strength": -14.263665, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.784232, "energy": 8.329149, "activity_lines": [ 7.868667, 7.886727, 7.978647, 7.972915 ] }, { "date": "2025-12-05", "close": 7.58, "volume": 54802524, "typical_volume": 70212014.95, "trend": 7.904619, "fair_value": 7.414508, "relative_strength": -17.708102, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.709014, "energy": 33.626009, "activity_lines": [ 7.762, 7.826182, 7.934115, 7.951996 ] }, { "date": "2025-12-12", "close": 7.44, "volume": 41895034, "typical_volume": 69124113.7, "trend": 7.90327, "fair_value": 7.418984, "relative_strength": -19.445366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.919168, "energy": 54.813374, "activity_lines": [ 7.629333, 7.748909, 7.878526, 7.922021 ] }, { "date": "2025-12-19", "close": 7.55, "volume": 36205879, "typical_volume": 67430578.6, "trend": 7.909178, "fair_value": 7.423692, "relative_strength": -17.182652, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.861878, "energy": 62.311099, "activity_lines": [ 7.571333, 7.702364, 7.837057, 7.899229 ] }, { "date": "2025-12-26", "close": 7.49, "volume": 29281863, "typical_volume": 66166521.6, "trend": 7.907864, "fair_value": 7.427898, "relative_strength": -20.337796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.825356, "energy": 68.148565, "activity_lines": [ 7.530667, 7.652727, 7.792479, 7.872185 ] }, { "date": "2026-01-02", "close": 7.57, "volume": 23256534, "typical_volume": 63551978.65, "trend": 7.903015, "fair_value": 7.432735, "relative_strength": -18.757471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.15406, "energy": 60.364926, "activity_lines": [ 7.528, 7.62, 7.758273, 7.850388 ] }, { "date": "2026-01-09", "close": 8.31, "volume": 96037013, "typical_volume": 62370340.2, "trend": 7.924792, "fair_value": 7.442729, "relative_strength": -14.416515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.279592, "energy": 8.164338, "activity_lines": [ 7.789333, 7.728545, 7.797333, 7.876645 ] }, { "date": "2026-01-16", "close": 8.23, "volume": 223402350, "typical_volume": 67773039.05, "trend": 7.952387, "fair_value": 7.451266, "relative_strength": -15.980634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.645587, "energy": 16.022669, "activity_lines": [ 7.975333, 7.814909, 7.83, 7.896336 ] }, { "date": "2026-01-23", "close": 8.79, "volume": 131837723, "typical_volume": 69710515.9, "trend": 7.986574, "fair_value": 7.46351, "relative_strength": -11.075831, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.604978, "energy": 39.597234, "activity_lines": [ 8.295333, 7.999091, 7.916619, 7.950375 ] }, { "date": "2026-01-30", "close": 8.71, "volume": 145746547, "typical_volume": 73341390.0, "trend": 8.020378, "fair_value": 7.473765, "relative_strength": -10.2333, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.522759, "energy": 46.201587, "activity_lines": [ 8.506, 8.156364, 7.99219, 7.997048 ] }, { "date": "2026-02-06", "close": 8.56, "volume": 159120369, "typical_volume": 77912628.85, "trend": 8.039391, "fair_value": 7.483059, "relative_strength": -9.683369, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.772584, "energy": 60.701489, "activity_lines": [ 8.585333, 8.267273, 8.051286, 8.031862 ] }, { "date": "2026-02-13", "close": 8.86, "volume": 367105175, "typical_volume": 92637969.4, "trend": 8.06612, "fair_value": 7.493331, "relative_strength": -7.309581, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.088501, "energy": 70.222446, "activity_lines": [ 8.698667, 8.419455, 8.136238, 8.084804 ] }, { "date": "2026-02-27", "close": 8.55, "volume": 116766412, "typical_volume": 97509200.35, "trend": 8.07762, "fair_value": 7.499904, "relative_strength": -12.490151, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.315282, "energy": 50.229114, "activity_lines": [ 8.672, 8.492, 8.187857, 8.116023 ] }, { "date": "2026-03-06", "close": 7.95, "volume": 116389895, "typical_volume": 102142414.1, "trend": 8.072709, "fair_value": 7.503753, "relative_strength": -16.37462, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.034364, "energy": 22.976282, "activity_lines": [ 8.424, 8.435273, 8.179857, 8.107789 ] }, { "date": "2026-03-13", "close": 7.98, "volume": 82808300, "typical_volume": 102808764.4, "trend": 8.069778, "fair_value": 7.507617, "relative_strength": -16.223849, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.812208, "energy": 13.963638, "activity_lines": [ 8.242, 8.376727, 8.174857, 8.101808 ] }, { "date": "2026-03-20", "close": 7.7, "volume": 64869204, "typical_volume": 102764306.15, "trend": 8.054576, "fair_value": 7.508151, "relative_strength": -16.139733, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.526728, "energy": 16.818004, "activity_lines": [ 8.015333, 8.258364, 8.141476, 8.077951 ] }, { "date": "2026-03-27", "close": 7.37, "volume": 89173465, "typical_volume": 104953458.4, "trend": 8.014667, "fair_value": 7.506805, "relative_strength": -18.4845, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.429791, "energy": 30.167846, "activity_lines": [ 7.736, 8.077636, 8.07781, 8.033785 ] }, { "date": "2026-04-03", "close": 7.19, "volume": 54200580, "typical_volume": 103781495.65, "trend": 7.975667, "fair_value": 7.50283, "relative_strength": -17.496637, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.962266, "energy": 43.7028, "activity_lines": [ 7.496, 7.881273, 7.999476, 7.980581 ] }, { "date": "2026-04-10", "close": 7.5, "volume": 43270678, "typical_volume": 103034073.1, "trend": 7.956667, "fair_value": 7.499366, "relative_strength": -19.079642, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.608956, "energy": 50.944597, "activity_lines": [ 7.45, 7.760182, 7.954571, 7.949892 ] }, { "date": "2026-04-17", "close": 7.58, "volume": 49799260, "typical_volume": 99585721.85, "trend": 7.934333, "fair_value": 7.495175, "relative_strength": -20.808467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.197891, "energy": 53.598349, "activity_lines": [ 7.460667, 7.677091, 7.92019, 7.925591 ] }, { "date": "2026-04-24", "close": 7.42, "volume": 47186993, "typical_volume": 98657789.9, "trend": 7.915333, "fair_value": 7.4899, "relative_strength": -22.159324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.645107, "energy": 47.955628, "activity_lines": [ 7.444667, 7.585455, 7.870952, 7.892409 ] }, { "date": "2026-05-01", "close": 7.41, "volume": 38112549, "typical_volume": 97823291.15, "trend": 7.893667, "fair_value": 7.482317, "relative_strength": -22.520239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.000405, "energy": 35.965536, "activity_lines": [ 7.444, 7.512727, 7.822714, 7.859806 ] }, { "date": "2026-05-08", "close": 7.6, "volume": 40214352, "typical_volume": 97739257.05, "trend": 7.879333, "fair_value": 7.478313, "relative_strength": -22.217493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.33452, "energy": 27.600911, "activity_lines": [ 7.504, 7.500909, 7.793381, 7.84086 ] }, { "date": "2026-05-15", "close": 7.26, "volume": 56359843, "typical_volume": 98746955.25, "trend": 7.855333, "fair_value": 7.468883, "relative_strength": -25.040777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.956062, "energy": 36.369948, "activity_lines": [ 7.423333, 7.444545, 7.730905, 7.800903 ] }, { "date": "2026-05-22", "close": 7.22, "volume": 82091701, "typical_volume": 101387447.15, "trend": 7.842, "fair_value": 7.457897, "relative_strength": -24.995257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.092389, "energy": 46.813538, "activity_lines": [ 7.345333, 7.393455, 7.666, 7.759914 ] }, { "date": "2026-05-29", "close": 6.95, "volume": 59213868, "typical_volume": 103185313.85, "trend": 7.809, "fair_value": 7.44217, "relative_strength": -27.057745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.259045, "energy": 59.814844, "activity_lines": [ 7.201333, 7.307091, 7.576667, 7.702366 ] }, { "date": "2026-06-05", "close": 6.7, "volume": 8442300, "typical_volume": 98805578.2, "trend": 7.769333, "fair_value": 7.43163, "relative_strength": -27.7765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.950683, "energy": 78.921971, "activity_lines": [ 7.005333, 7.188909, 7.466476, 7.630817 ] }, { "date": "2026-06-12", "close": 6.48, "volume": 9787697, "typical_volume": 88124845.55, "trend": 7.718333, "fair_value": 7.423162, "relative_strength": -27.763787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.861888, "energy": 85.832007, "activity_lines": [ 6.783333, 7.042909, 7.343, 7.547634 ] }, { "date": "2026-06-19", "close": 6.79, "volume": 47764530, "typical_volume": 83921185.9, "trend": 7.674333, "fair_value": 7.411428, "relative_strength": -28.584892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.786422, "energy": 79.284019, "activity_lines": [ 6.739333, 6.966182, 7.257381, 7.487742 ] }, { "date": "2026-06-26", "close": 6.51, "volume": 9287696, "typical_volume": 77098243.35, "trend": 7.636, "fair_value": 7.395891, "relative_strength": -29.705716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.239362, "energy": 85.459678, "activity_lines": [ 6.633333, 6.851455, 7.154619, 7.412624 ] }, { "date": "2026-07-03", "close": 6.48, "volume": 8078083, "typical_volume": 69546129.05, "trend": 7.591, "fair_value": 7.381283, "relative_strength": -28.420668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.941688, "energy": 82.658269, "activity_lines": [ 6.564667, 6.750727, 7.059476, 7.338043 ] }, { "date": "2026-07-10", "close": 6.54, "volume": 47415771, "typical_volume": 53561658.85, "trend": 7.556333, "fair_value": 7.370308, "relative_strength": -24.367224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.921681, "energy": 67.821296, "activity_lines": [ 6.547333, 6.678, 6.979952, 7.270237 ] }, { "date": "2026-07-17", "close": 6.61, "volume": 54009693, "typical_volume": 50423822.9, "trend": 7.528667, "fair_value": 7.361316, "relative_strength": -15.33578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.904924, "energy": 55.243891, "activity_lines": [ 6.564, 6.633818, 6.918143, 7.209183 ] }, { "date": "2026-07-24", "close": 6.48, "volume": 52357608, "typical_volume": 47222208.55, "trend": 7.493, "fair_value": 7.352199, "relative_strength": -16.655528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.732438, "energy": 52.773697, "activity_lines": [ 6.528667, 6.584, 6.85319, 7.141527 ] }, { "date": "2026-07-31", "close": 7.0, "volume": 53809255, "typical_volume": 45772256.3, "trend": 7.476667, "fair_value": 7.344467, "relative_strength": -7.982369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.520983, "energy": 33.873074, "activity_lines": [ 6.687333, 6.642909, 6.844762, 7.10972 ] }, { "date": "2026-08-07", "close": 6.81, "volume": 52186148, "typical_volume": 45138103.5, "trend": 7.451333, "fair_value": 7.335399, "relative_strength": -14.291964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.837243, "energy": 25.220705, "activity_lines": [ 6.75, 6.671273, 6.822905, 7.06671 ] } ], "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." } } }