{ "ticker": { "uuid": "4bf6aa69-3d85-4b19-b5f9-f8d489831bb0", "symbol": "300245", "name": "Shanghai DragonNet Technology 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": -65.002, "architecture_energy": 83.559, "architecture_maturity": 75.0, "architecture_confidence": 96, "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": 10.17, "rotation_up": 29.95, "upward_expansion": 20.91, "deceleration": 37.59, "rotation_down": 52.03, "downward_expansion": 91.91 }, "activity_lines": [ 5.43, 5.515273, 6.45081, 7.826301 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.63, "trend_reference": 9.555333, "distance_from_trend": -0.4108, "trend_direction": "Weakening", "fair_value": 11.298718, "distance_from_fair_value": -0.501713, "fair_value_direction": "Weakening", "relative_strength": -55.11331, "relative_strength_direction": "Improving", "price_momentum": -0.545234, "excess_performance": -0.552634, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.4108, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.219208, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.501713, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.202321, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.551133, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016127, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.545234, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.349071, "read": "Supply-led" } ], "volume": { "latest": 34923176, "relative_activity": 0.513636, "balance": 0.349071, "dry_up": 0.525735, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.115453, "annualized_volatility": 0.751329, "from_high_reference": -0.715369, "from_low_reference": 0.195329 }, "levels": { "trend_reference": 9.555333, "fair_value_reference": 11.298718, "structural_low": 4.71, "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": -0.014971, "positive_rate": 0.434783, "directional_follow_through": 0.565217, "median_excess_return": -0.028787, "regime_survival": 0.782609, "best_return": 0.533199, "worst_return": -0.373798, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.043483, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": 0.01847, "regime_survival": 0.625, "best_return": 0.076023, "worst_return": -0.536491, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.055899, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.055897, "regime_survival": 0.5, "best_return": 0.68369, "worst_return": -0.264242, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.257839, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.236639, "regime_survival": 0.0, "best_return": 0.27689, "worst_return": 0.238788, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-12", "end": "2024-06-28", "tenure": "Established", "return": -0.354567, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-05", "end": "2024-07-26", "tenure": "New", "return": -0.253281, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-09-27", "tenure": "Developing", "return": 0.338409, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-01-10", "tenure": "Established", "return": 0.336143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": 0.229867, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.084916, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-07-04", "tenure": "Developing", "return": 0.175684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.072063, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-19", "tenure": "Developing", "return": -0.118846, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-02-06", "tenure": "Established", "return": -0.154103, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.002257, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-04-03", "tenure": "Developing", "return": 0.03871, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": -0.126545, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.315085, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 9.01, "volume": 28643995, "typical_volume": 47247728.3, "trend": 9.426, "fair_value": 9.131193, "relative_strength": 5.274306, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.775219, "energy": 45.116896, "activity_lines": [ 9.108667, 9.354182, 9.454381, 9.526086 ] }, { "date": "2023-08-04", "close": 9.3, "volume": 25572390, "typical_volume": 45512587.7, "trend": 9.483, "fair_value": 9.127467, "relative_strength": 6.846445, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.853967, "energy": 40.776444, "activity_lines": [ 9.143333, 9.321636, 9.424714, 9.517957 ] }, { "date": "2023-08-11", "close": 10.79, "volume": 155680791, "typical_volume": 49788333.95, "trend": 9.576667, "fair_value": 9.134186, "relative_strength": 27.814669, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 33.705638, "energy": 17.109366, "activity_lines": [ 9.691333, 9.556727, 9.539476, 9.60228 ] }, { "date": "2023-08-18", "close": 10.53, "volume": 355127981, "typical_volume": 62751104.45, "trend": 9.668667, "fair_value": 9.136943, "relative_strength": 27.903848, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.252657, "energy": 23.390821, "activity_lines": [ 10.037333, 9.728727, 9.627429, 9.663785 ] }, { "date": "2023-08-25", "close": 9.94, "volume": 236809420, "typical_volume": 71658130.35, "trend": 9.728333, "fair_value": 9.135154, "relative_strength": 23.713526, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.317636, "energy": 21.165396, "activity_lines": [ 10.12, 9.783091, 9.657476, 9.68129 ] }, { "date": "2023-09-01", "close": 9.86, "volume": 147731014, "typical_volume": 73853668.9, "trend": 9.739333, "fair_value": 9.129857, "relative_strength": 18.046038, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.128875, "energy": 20.558712, "activity_lines": [ 10.102, 9.822909, 9.682571, 9.689785 ] }, { "date": "2023-09-08", "close": 10.11, "volume": 90882194, "typical_volume": 73618994.25, "trend": 9.734333, "fair_value": 9.121957, "relative_strength": 22.172464, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.048885, "energy": 25.002477, "activity_lines": [ 10.110667, 9.908364, 9.736381, 9.713699 ] }, { "date": "2023-09-15", "close": 9.17, "volume": 64435754, "typical_volume": 74399082.3, "trend": 9.703667, "fair_value": 9.102168, "relative_strength": 11.677112, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.31618, "energy": 4.846534, "activity_lines": [ 9.752, 9.812727, 9.696048, 9.67729 ] }, { "date": "2023-09-22", "close": 8.68, "volume": 87500213, "typical_volume": 77868084.5, "trend": 9.67, "fair_value": 9.078156, "relative_strength": 4.82889, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.680401, "energy": 25.406082, "activity_lines": [ 9.338, 9.626, 9.608714, 9.611247 ] }, { "date": "2023-09-29", "close": 9.0, "volume": 39915150, "typical_volume": 78131108.0, "trend": 9.643, "fair_value": 9.057979, "relative_strength": 8.826442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.658368, "energy": 31.116004, "activity_lines": [ 9.154, 9.512909, 9.554476, 9.568022 ] }, { "date": "2023-10-13", "close": 9.01, "volume": 38480903, "typical_volume": 78411710.25, "trend": 9.620667, "fair_value": 9.040414, "relative_strength": 8.778142, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.719835, "energy": 38.067802, "activity_lines": [ 9.036, 9.398545, 9.501429, 9.527183 ] }, { "date": "2023-10-20", "close": 8.62, "volume": 36562785, "typical_volume": 78834779.35, "trend": 9.580333, "fair_value": 9.024938, "relative_strength": 8.861245, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.276929, "energy": 54.061651, "activity_lines": [ 8.844667, 9.213273, 9.412, 9.462624 ] }, { "date": "2023-10-27", "close": 8.25, "volume": 47619787, "typical_volume": 78821327.35, "trend": 9.51, "fair_value": 9.007728, "relative_strength": 1.704207, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.193415, "energy": 56.520783, "activity_lines": [ 8.629333, 8.973091, 9.289714, 9.376796 ] }, { "date": "2023-11-03", "close": 8.66, "volume": 40414025, "typical_volume": 79111244.4, "trend": 9.459667, "fair_value": 8.990278, "relative_strength": 5.472615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.233079, "energy": 48.272854, "activity_lines": [ 8.612, 8.853636, 9.214429, 9.321957 ] }, { "date": "2023-11-10", "close": 9.27, "volume": 40767432, "typical_volume": 79124053.5, "trend": 9.418667, "fair_value": 8.974317, "relative_strength": 11.052231, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.76755, "energy": 31.311647, "activity_lines": [ 8.799333, 8.879091, 9.203429, 9.30972 ] }, { "date": "2023-11-17", "close": 9.56, "volume": 35361954, "typical_volume": 79542228.1, "trend": 9.374333, "fair_value": 8.956773, "relative_strength": 13.900661, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.611435, "energy": 16.222428, "activity_lines": [ 9.065333, 8.969455, 9.223238, 9.318839 ] }, { "date": "2023-11-24", "close": 9.37, "volume": 94951613, "typical_volume": 82630009.85, "trend": 9.382, "fair_value": 8.942027, "relative_strength": 12.691066, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.257499, "energy": 16.621098, "activity_lines": [ 9.231333, 9.030727, 9.226429, 9.318559 ] }, { "date": "2023-12-01", "close": 9.48, "volume": 43646350, "typical_volume": 83558219.1, "trend": 9.394667, "fair_value": 8.924098, "relative_strength": 14.851928, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.282666, "energy": 18.82672, "activity_lines": [ 9.384, 9.125455, 9.240952, 9.324882 ] }, { "date": "2023-12-08", "close": 9.41, "volume": 44153353, "typical_volume": 84115393.3, "trend": 9.400667, "fair_value": 8.910882, "relative_strength": 15.352771, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.810193, "energy": 13.669772, "activity_lines": [ 9.431333, 9.201818, 9.24681, 9.325871 ] }, { "date": "2023-12-15", "close": 9.29, "volume": 36262876, "typical_volume": 84525999.0, "trend": 9.408667, "fair_value": 8.899574, "relative_strength": 15.28273, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.861703, "energy": 12.005472, "activity_lines": [ 9.388667, 9.243091, 9.24181, 9.318731 ] }, { "date": "2023-12-22", "close": 8.61, "volume": 28171642, "typical_volume": 84502381.35, "trend": 9.39, "fair_value": 8.886455, "relative_strength": 8.169973, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.4332, "energy": 21.406305, "activity_lines": [ 9.118, 9.155455, 9.169857, 9.267204 ] }, { "date": "2023-12-29", "close": 8.82, "volume": 28141896, "typical_volume": 84630856.65, "trend": 9.38, "fair_value": 8.875447, "relative_strength": 6.716912, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.224517, "energy": 30.861226, "activity_lines": [ 8.980667, 9.113273, 9.11981, 9.23043 ] }, { "date": "2024-01-05", "close": 8.68, "volume": 19702581, "typical_volume": 77831946.15, "trend": 9.338667, "fair_value": 8.870042, "relative_strength": 9.113131, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.515552, "energy": 45.856784, "activity_lines": [ 8.833333, 9.042, 9.058714, 9.185269 ] }, { "date": "2024-01-12", "close": 8.32, "volume": 24171325, "typical_volume": 61284113.35, "trend": 9.284, "fair_value": 8.863858, "relative_strength": 5.436895, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.667598, "energy": 63.965224, "activity_lines": [ 8.619333, 8.897455, 8.973381, 9.119548 ] }, { "date": "2024-01-19", "close": 7.8, "volume": 23027317, "typical_volume": 50595008.2, "trend": 9.212667, "fair_value": 8.85689, "relative_strength": 0.790554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.840356, "energy": 75.081227, "activity_lines": [ 8.304667, 8.664545, 8.849048, 9.023806 ] }, { "date": "2024-01-26", "close": 7.75, "volume": 35700133, "typical_volume": 44993464.15, "trend": 9.142, "fair_value": 8.847625, "relative_strength": -0.042134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.85043, "energy": 78.19222, "activity_lines": [ 8.072667, 8.449273, 8.730143, 8.929441 ] }, { "date": "2024-02-02", "close": 5.93, "volume": 43173566, "typical_volume": 42608032.75, "trend": 9.021333, "fair_value": 8.831856, "relative_strength": -16.908682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.792803, "energy": 92.359412, "activity_lines": [ 7.291333, 7.936, 8.447952, 8.722215 ] }, { "date": "2024-02-09", "close": 5.21, "volume": 87796616, "typical_volume": 43776075.85, "trend": 8.893, "fair_value": 8.81179, "relative_strength": -33.036753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.622194, "energy": 97.083846, "activity_lines": [ 6.462667, 7.354364, 8.117095, 8.476323 ] }, { "date": "2024-02-23", "close": 6.57, "volume": 69064489, "typical_volume": 42854289.65, "trend": 8.794333, "fair_value": 8.800888, "relative_strength": -17.636145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.601986, "energy": 87.009588, "activity_lines": [ 6.318667, 7.097636, 7.934619, 8.326452 ] }, { "date": "2024-03-01", "close": 6.39, "volume": 88722705, "typical_volume": 45294667.4, "trend": 8.713, "fair_value": 8.792273, "relative_strength": -22.683616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.03639, "energy": 83.487953, "activity_lines": [ 6.231333, 6.859818, 7.745048, 8.171333 ] }, { "date": "2024-03-08", "close": 6.28, "volume": 43260226, "typical_volume": 45533633.55, "trend": 8.622, "fair_value": 8.784227, "relative_strength": -23.225929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.788095, "energy": 64.973842, "activity_lines": [ 6.201333, 6.654727, 7.557429, 8.014366 ] }, { "date": "2024-03-15", "close": 6.63, "volume": 43668470, "typical_volume": 45888917.8, "trend": 8.533, "fair_value": 8.775876, "relative_strength": -20.761084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.121316, "energy": 50.62596, "activity_lines": [ 6.386, 6.555636, 7.416143, 7.885849 ] }, { "date": "2024-03-22", "close": 6.93, "volume": 45551340, "typical_volume": 45785495.45, "trend": 8.404333, "fair_value": 8.765689, "relative_strength": -16.542993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.846332, "energy": 38.866893, "activity_lines": [ 6.624, 6.550909, 7.312905, 7.78243 ] }, { "date": "2024-03-29", "close": 6.59, "volume": 39792356, "typical_volume": 45754412.0, "trend": 8.273, "fair_value": 8.753704, "relative_strength": -18.940718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.513371, "energy": 33.953149, "activity_lines": [ 6.634, 6.516182, 7.183571, 7.665376 ] }, { "date": "2024-04-05", "close": 6.41, "volume": 18344890, "typical_volume": 44633284.9, "trend": 8.155333, "fair_value": 8.736806, "relative_strength": -21.963773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.488058, "energy": 32.386505, "activity_lines": [ 6.582667, 6.480182, 7.046952, 7.545183 ] }, { "date": "2024-04-12", "close": 5.85, "volume": 27082895, "typical_volume": 44219331.95, "trend": 8.021667, "fair_value": 8.720142, "relative_strength": -25.952289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.8879, "energy": 43.42602, "activity_lines": [ 6.343333, 6.367636, 6.870619, 7.396452 ] }, { "date": "2024-04-19", "close": 5.15, "volume": 42515557, "typical_volume": 41597529.15, "trend": 7.856333, "fair_value": 8.696568, "relative_strength": -34.699713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.796241, "energy": 54.184307, "activity_lines": [ 5.899333, 6.162364, 6.645286, 7.211183 ] }, { "date": "2024-04-26", "close": 5.88, "volume": 41339283, "typical_volume": 41482175.8, "trend": 7.746667, "fair_value": 8.677101, "relative_strength": -26.394398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.809108, "energy": 49.020183, "activity_lines": [ 5.797333, 6.104, 6.509571, 7.083677 ] }, { "date": "2024-05-03", "close": 6.07, "volume": 16978921, "typical_volume": 40123454.2, "trend": 7.659667, "fair_value": 8.662038, "relative_strength": -24.709336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.281809, "energy": 47.161246, "activity_lines": [ 5.828667, 6.068, 6.409095, 6.975505 ] }, { "date": "2024-05-10", "close": 5.94, "volume": 27184728, "typical_volume": 39669546.8, "trend": 7.557667, "fair_value": 8.64474, "relative_strength": -27.092617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.163177, "energy": 50.036927, "activity_lines": [ 5.851333, 6.017455, 6.312143, 6.864559 ] }, { "date": "2024-05-17", "close": 6.12, "volume": 31384186, "typical_volume": 39830174.0, "trend": 7.461333, "fair_value": 8.629169, "relative_strength": -24.375415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.093074, "energy": 37.160006, "activity_lines": [ 5.965333, 6.007818, 6.248286, 6.771806 ] }, { "date": "2024-05-24", "close": 5.6, "volume": 27878114, "typical_volume": 39816984.9, "trend": 7.360667, "fair_value": 8.611794, "relative_strength": -28.332423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.463347, "energy": 41.601295, "activity_lines": [ 5.888, 5.906545, 6.146762, 6.65172 ] }, { "date": "2024-05-31", "close": 5.7, "volume": 23833865, "typical_volume": 40023549.1, "trend": 7.275667, "fair_value": 8.598119, "relative_strength": -26.210439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.792336, "energy": 44.754125, "activity_lines": [ 5.814, 5.842182, 6.070095, 6.544581 ] }, { "date": "2024-06-07", "close": 4.97, "volume": 44358609, "typical_volume": 41032913.3, "trend": 7.152667, "fair_value": 8.580911, "relative_strength": -34.448153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.353956, "energy": 59.65501, "activity_lines": [ 5.508667, 5.667455, 5.938095, 6.395828 ] }, { "date": "2024-06-14", "close": 5.2, "volume": 19857300, "typical_volume": 40874412.45, "trend": 7.017, "fair_value": 8.5618, "relative_strength": -30.837164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.594681, "energy": 67.411, "activity_lines": [ 5.353333, 5.564, 5.843952, 6.269849 ] }, { "date": "2024-06-21", "close": 5.22, "volume": 26706038, "typical_volume": 40424707.7, "trend": 6.872333, "fair_value": 8.545112, "relative_strength": -28.549194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.502017, "energy": 65.336513, "activity_lines": [ 5.254, 5.486182, 5.764095, 6.153914 ] }, { "date": "2024-06-28", "close": 5.37, "volume": 63254504, "typical_volume": 41428754.6, "trend": 6.739, "fair_value": 8.52741, "relative_strength": -24.208195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.614677, "energy": 49.005857, "activity_lines": [ 5.264667, 5.447091, 5.710571, 6.056989 ] }, { "date": "2024-07-05", "close": 7.62, "volume": 165690462, "typical_volume": 45323446.9, "trend": 6.677, "fair_value": 8.523621, "relative_strength": 9.484953, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.843696, "energy": 7.702771, "activity_lines": [ 6.040667, 5.813091, 5.874, 6.113828 ] }, { "date": "2024-07-12", "close": 6.86, "volume": 266263740, "typical_volume": 55183409.45, "trend": 6.592, "fair_value": 8.510499, "relative_strength": -2.986772, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 1.562007, "energy": 17.528348, "activity_lines": [ 6.435333, 6.009273, 5.953571, 6.125634 ] }, { "date": "2024-07-19", "close": 5.9, "volume": 136247106, "typical_volume": 57559629.5, "trend": 6.479, "fair_value": 8.488675, "relative_strength": -16.683759, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -10.057966, "energy": 21.672983, "activity_lines": [ 6.384, 6.016545, 5.940333, 6.080989 ] }, { "date": "2024-07-26", "close": 5.69, "volume": 82511704, "typical_volume": 59522203.4, "trend": 6.381667, "fair_value": 8.46969, "relative_strength": -16.388, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -16.341527, "energy": 22.323605, "activity_lines": [ 6.216, 5.986364, 5.909429, 6.030086 ] }, { "date": "2024-08-02", "close": 5.91, "volume": 73927166, "typical_volume": 61035138.2, "trend": 6.284667, "fair_value": 8.448537, "relative_strength": -12.444556, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.34313, "energy": 8.649627, "activity_lines": [ 6.09, 6.004, 5.902286, 5.999656 ] }, { "date": "2024-08-09", "close": 5.68, "volume": 46935096, "typical_volume": 61104326.0, "trend": 6.184667, "fair_value": 8.426868, "relative_strength": -13.966441, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.792403, "energy": 21.510385, "activity_lines": [ 5.851333, 5.974182, 5.876667, 5.960645 ] }, { "date": "2024-08-16", "close": 6.03, "volume": 54829284, "typical_volume": 61856172.4, "trend": 6.108333, "fair_value": 8.401628, "relative_strength": -7.948478, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.383981, "energy": 18.244327, "activity_lines": [ 5.858667, 6.008364, 5.890333, 5.950667 ] }, { "date": "2024-08-23", "close": 5.89, "volume": 52789602, "typical_volume": 63578408.0, "trend": 6.044667, "fair_value": 8.378877, "relative_strength": -7.609546, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.055211, "energy": 15.946041, "activity_lines": [ 5.874667, 5.997818, 5.893333, 5.936581 ] }, { "date": "2024-08-30", "close": 5.84, "volume": 55239455, "typical_volume": 64986236.0, "trend": 5.981, "fair_value": 8.355806, "relative_strength": -9.535336, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.776919, "energy": 14.930946, "activity_lines": [ 5.874667, 5.965636, 5.894048, 5.923376 ] }, { "date": "2024-09-06", "close": 5.72, "volume": 54389050, "typical_volume": 65579910.65, "trend": 5.974, "fair_value": 8.328898, "relative_strength": -8.388991, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.050631, "energy": 14.127216, "activity_lines": [ 5.824667, 5.900364, 5.883381, 5.906538 ] }, { "date": "2024-09-13", "close": 6.14, "volume": 69416678, "typical_volume": 66983780.4, "trend": 6.005, "fair_value": 8.306983, "relative_strength": 0.58742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.547788, "energy": 8.547915, "activity_lines": [ 5.927333, 5.905091, 5.91, 5.917247 ] }, { "date": "2024-09-20", "close": 6.33, "volume": 85221029, "typical_volume": 70395885.8, "trend": 5.997, "fair_value": 8.288842, "relative_strength": 3.040632, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.898342, "energy": 10.11777, "activity_lines": [ 6.062667, 5.971273, 5.953476, 5.938215 ] }, { "date": "2024-09-27", "close": 7.91, "volume": 142970537, "typical_volume": 76185176.25, "trend": 6.047667, "fair_value": 8.281085, "relative_strength": 9.477956, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.925239, "energy": 61.101251, "activity_lines": [ 6.704667, 6.334364, 6.14619, 6.061634 ] }, { "date": "2024-10-04", "close": 9.49, "volume": 59557634, "typical_volume": 77593848.65, "trend": 6.154667, "fair_value": 8.284286, "relative_strength": 18.540648, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.617811, "energy": 88.278875, "activity_lines": [ 7.738667, 6.948182, 6.48, 6.28372 ] }, { "date": "2024-10-11", "close": 10.91, "volume": 267085183, "typical_volume": 89554202.1, "trend": 6.297333, "fair_value": 8.29659, "relative_strength": 41.934079, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.937281, "energy": 96.054796, "activity_lines": [ 9.002667, 7.751091, 6.933, 6.590516 ] }, { "date": "2024-10-18", "close": 12.6, "volume": 331433500, "typical_volume": 104934183.85, "trend": 6.486333, "fair_value": 8.321644, "relative_strength": 57.942347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.191672, "energy": 98.291516, "activity_lines": [ 10.484, 8.770364, 7.521667, 6.99714 ] }, { "date": "2024-10-25", "close": 11.2, "volume": 215730272, "typical_volume": 113502767.0, "trend": 6.64, "fair_value": 8.336573, "relative_strength": 36.403091, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.75465, "energy": 89.547876, "activity_lines": [ 11.068, 9.409273, 7.944143, 7.301247 ] }, { "date": "2024-11-01", "close": 10.22, "volume": 142770182, "typical_volume": 119648411.1, "trend": 6.767, "fair_value": 8.349246, "relative_strength": 26.00709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.732939, "energy": 85.128555, "activity_lines": [ 11.000667, 9.776, 8.243619, 7.532215 ] }, { "date": "2024-11-08", "close": 11.84, "volume": 163384527, "typical_volume": 126482335.55, "trend": 6.966667, "fair_value": 8.36962, "relative_strength": 36.130651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.488409, "energy": 67.099031, "activity_lines": [ 11.319333, 10.358545, 8.673476, 7.859505 ] }, { "date": "2024-11-15", "close": 16.08, "volume": 406439790, "typical_volume": 143641599.85, "trend": 7.331, "fair_value": 8.418579, "relative_strength": 89.329878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.047614, "energy": 72.824667, "activity_lines": [ 12.894667, 11.602909, 9.475619, 8.447462 ] }, { "date": "2024-11-22", "close": 12.21, "volume": 348595390, "typical_volume": 152786846.25, "trend": 7.542, "fair_value": 8.444711, "relative_strength": 47.277371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.694604, "energy": 57.09119, "activity_lines": [ 12.835333, 11.955273, 9.85819, 8.762237 ] }, { "date": "2024-11-29", "close": 12.8, "volume": 190732353, "typical_volume": 149010276.9, "trend": 7.766333, "fair_value": 8.475712, "relative_strength": 50.948792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.131707, "energy": 55.274517, "activity_lines": [ 12.998667, 12.304545, 10.275095, 9.101462 ] }, { "date": "2024-12-06", "close": 14.57, "volume": 428769160, "typical_volume": 163636379.6, "trend": 8.054, "fair_value": 8.516461, "relative_strength": 67.451408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.834512, "energy": 56.80829, "activity_lines": [ 13.645333, 12.858, 10.832286, 9.540409 ] }, { "date": "2024-12-13", "close": 14.9, "volume": 299391035, "typical_volume": 174480346.15, "trend": 8.346667, "fair_value": 8.556833, "relative_strength": 70.8413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.654744, "energy": 51.671427, "activity_lines": [ 14.112, 13.350364, 11.379619, 9.982086 ] }, { "date": "2024-12-20", "close": 18.26, "volume": 535644653, "typical_volume": 197566220.5, "trend": 8.768667, "fair_value": 8.617722, "relative_strength": 107.12487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.681057, "energy": 59.651449, "activity_lines": [ 15.494667, 14.355273, 12.203095, 10.621656 ] }, { "date": "2024-12-27", "close": 14.53, "volume": 298498868, "typical_volume": 210144409.1, "trend": 9.063, "fair_value": 8.655276, "relative_strength": 62.98347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.814529, "energy": 49.367499, "activity_lines": [ 15.488667, 14.548364, 12.612524, 10.993355 ] }, { "date": "2025-01-03", "close": 13.06, "volume": 242535362, "typical_volume": 219529713.0, "trend": 9.332667, "fair_value": 8.681426, "relative_strength": 56.37094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.386279, "energy": 41.270256, "activity_lines": [ 14.838, 14.439091, 12.83981, 11.251226 ] }, { "date": "2025-01-10", "close": 12.68, "volume": 215352508, "typical_volume": 227657858.3, "trend": 9.582, "fair_value": 8.706992, "relative_strength": 52.202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.768275, "energy": 30.97047, "activity_lines": [ 14.043333, 14.226909, 12.997429, 11.467183 ] }, { "date": "2025-01-17", "close": 12.79, "volume": 180714992, "typical_volume": 233931635.15, "trend": 9.834333, "fair_value": 8.72975, "relative_strength": 46.893057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.722936, "energy": 19.773516, "activity_lines": [ 13.411333, 13.99, 13.13319, 11.674151 ] }, { "date": "2025-01-24", "close": 13.6, "volume": 173464273, "typical_volume": 239885396.3, "trend": 10.108667, "fair_value": 8.760128, "relative_strength": 52.715434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.82481, "energy": 19.769544, "activity_lines": [ 13.19, 13.883091, 13.313, 11.917097 ] }, { "date": "2025-01-31", "close": 12.53, "volume": 32664750, "typical_volume": 238047799.9, "trend": 10.272333, "fair_value": 8.781539, "relative_strength": 41.495132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.573079, "energy": 17.679435, "activity_lines": [ 12.922667, 13.626727, 13.353381, 12.073312 ] }, { "date": "2025-02-07", "close": 14.62, "volume": 130665949, "typical_volume": 240320045.9, "trend": 10.531, "fair_value": 8.815772, "relative_strength": 56.313177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.151876, "energy": 18.598689, "activity_lines": [ 13.485333, 13.744545, 13.562381, 12.353806 ] }, { "date": "2025-02-14", "close": 15.73, "volume": 251949366, "typical_volume": 245768987.35, "trend": 10.858667, "fair_value": 8.857312, "relative_strength": 62.38563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.976227, "energy": 32.623528, "activity_lines": [ 14.314, 14.031091, 13.837619, 12.689226 ] }, { "date": "2025-02-21", "close": 17.9, "volume": 204180066, "typical_volume": 253000108.95, "trend": 11.265667, "fair_value": 8.90714, "relative_strength": 77.299281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.397919, "energy": 56.483105, "activity_lines": [ 15.662667, 14.691091, 14.282286, 13.143505 ] }, { "date": "2025-02-28", "close": 24.530001, "volume": 693426943, "typical_volume": 274317196.95, "trend": 11.886333, "fair_value": 9.008157, "relative_strength": 143.346304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.070516, "energy": 82.250349, "activity_lines": [ 18.880667, 16.502, 15.318333, 13.999269 ] }, { "date": "2025-03-07", "close": 22.26, "volume": 425373072, "typical_volume": 279014175.55, "trend": 12.439, "fair_value": 9.089192, "relative_strength": 110.2094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.417275, "energy": 83.37964, "activity_lines": [ 20.613334, 17.786182, 16.073333, 14.668538 ] }, { "date": "2025-03-14", "close": 22.209999, "volume": 245773977, "typical_volume": 280516360.8, "trend": 12.978333, "fair_value": 9.16537, "relative_strength": 101.865815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.170706, "energy": 82.970478, "activity_lines": [ 21.680667, 18.920727, 16.777571, 15.298925 ] }, { "date": "2025-03-21", "close": 20.049999, "volume": 229501808, "typical_volume": 284852942.1, "trend": 13.450333, "fair_value": 9.227382, "relative_strength": 83.144379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.984453, "energy": 78.523198, "activity_lines": [ 21.522, 19.496182, 17.223667, 15.755161 ] }, { "date": "2025-03-28", "close": 18.129999, "volume": 118020573, "typical_volume": 282584744.4, "trend": 13.86, "fair_value": 9.279898, "relative_strength": 63.759199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.413617, "energy": 50.065485, "activity_lines": [ 20.435333, 19.588545, 17.440095, 16.057075 ] }, { "date": "2025-04-04", "close": 17.23, "volume": 78410426, "typical_volume": 266183276.2, "trend": 14.243667, "fair_value": 9.302557, "relative_strength": 56.402556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.011848, "energy": 32.093507, "activity_lines": [ 19.033333, 19.420181, 17.540857, 16.274494 ] }, { "date": "2025-04-11", "close": 16.379999, "volume": 171963808, "typical_volume": 257351697.1, "trend": 14.585, "fair_value": 9.325901, "relative_strength": 53.847419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.26111, "energy": 22.78934, "activity_lines": [ 17.834666, 19.031272, 17.55519, 16.412322 ] }, { "date": "2025-04-18", "close": 15.71, "volume": 91116024, "typical_volume": 252370880.65, "trend": 14.897667, "fair_value": 9.356387, "relative_strength": 45.63182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.50193, "energy": 22.126589, "activity_lines": [ 16.804666, 18.450545, 17.485857, 16.484903 ] }, { "date": "2025-04-25", "close": 15.41, "volume": 93794420, "typical_volume": 235622143.65, "trend": 15.147667, "fair_value": 9.388784, "relative_strength": 38.645648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.001057, "energy": 21.009273, "activity_lines": [ 16.108, 17.795454, 17.374095, 16.517957 ] }, { "date": "2025-05-02", "close": 16.26, "volume": 52835100, "typical_volume": 223294346.9, "trend": 15.373333, "fair_value": 9.430718, "relative_strength": 44.053174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.024233, "energy": 17.009829, "activity_lines": [ 16.004, 17.300727, 17.339285, 16.58972 ] }, { "date": "2025-05-09", "close": 16.950001, "volume": 108410782, "typical_volume": 201932653.35, "trend": 15.574667, "fair_value": 9.483465, "relative_strength": 44.213403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.795684, "energy": 13.825514, "activity_lines": [ 16.254667, 16.961273, 17.363714, 16.691441 ] }, { "date": "2025-05-16", "close": 17.6, "volume": 168265292, "typical_volume": 195420974.55, "trend": 15.741333, "fair_value": 9.545682, "relative_strength": 46.304182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.12506, "energy": 9.556114, "activity_lines": [ 16.740667, 16.877818, 17.456286, 16.822107 ] }, { "date": "2025-05-23", "close": 16.379999, "volume": 81851665, "typical_volume": 187386789.7, "trend": 15.914, "fair_value": 9.60372, "relative_strength": 34.558042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.500575, "energy": 9.263935, "activity_lines": [ 16.738667, 16.657273, 17.418047, 16.863312 ] }, { "date": "2025-05-30", "close": 16.49, "volume": 63618430, "typical_volume": 179800085.8, "trend": 16.123, "fair_value": 9.662272, "relative_strength": 34.474992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.383326, "energy": 11.26849, "activity_lines": [ 16.728667, 16.562727, 17.374476, 16.900473 ] }, { "date": "2025-06-06", "close": 16.93, "volume": 54999238, "typical_volume": 173514298.1, "trend": 16.292667, "fair_value": 9.721344, "relative_strength": 33.753105, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 22.633828, "energy": 13.116599, "activity_lines": [ 16.793333, 16.612909, 17.354667, 16.952537 ] }, { "date": "2025-06-13", "close": 18.459999, "volume": 216543839, "typical_volume": 175668276.4, "trend": 16.372, "fair_value": 9.790415, "relative_strength": 43.918577, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 38.716129, "energy": 20.226947, "activity_lines": [ 17.323333, 16.963091, 17.460857, 17.092365 ] }, { "date": "2025-06-20", "close": 17.25, "volume": 167728789, "typical_volume": 182421478.35, "trend": 16.54, "fair_value": 9.851858, "relative_strength": 33.728524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.643741, "energy": 16.482776, "activity_lines": [ 17.349333, 17.070909, 17.428666, 17.149011 ] }, { "date": "2025-06-27", "close": 19.389999, "volume": 212231003, "typical_volume": 186499731.05, "trend": 16.759666, "fair_value": 9.926252, "relative_strength": 42.23259, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.63713, "energy": 31.363565, "activity_lines": [ 18.111999, 17.552, 17.577809, 17.332881 ] }, { "date": "2025-07-04", "close": 18.469999, "volume": 101364709, "typical_volume": 178970498.2, "trend": 16.889666, "fair_value": 9.994557, "relative_strength": 32.100936, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.000471, "energy": 36.540102, "activity_lines": [ 18.367333, 17.798909, 17.616619, 17.443226 ] }, { "date": "2025-07-11", "close": 19.15, "volume": 113209376, "typical_volume": 174421963.7, "trend": 17.031333, "fair_value": 10.066646, "relative_strength": 32.618782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.722742, "energy": 51.800085, "activity_lines": [ 18.717333, 18.113818, 17.707143, 17.589053 ] }, { "date": "2025-07-18", "close": 18.360001, "volume": 78663553, "typical_volume": 143683794.2, "trend": 17.034667, "fair_value": 10.132648, "relative_strength": 22.827198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.267151, "energy": 49.628682, "activity_lines": [ 18.656, 18.232545, 17.716476, 17.674774 ] }, { "date": "2025-07-25", "close": 18.530001, "volume": 63763647, "typical_volume": 125603322.95, "trend": 17.168, "fair_value": 10.198718, "relative_strength": 19.468812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.910676, "energy": 36.345089, "activity_lines": [ 18.658, 18.356545, 17.771381, 17.771247 ] }, { "date": "2025-08-01", "close": 17.77, "volume": 55867607, "typical_volume": 116108004.45, "trend": 17.325, "fair_value": 10.260769, "relative_strength": 14.938487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.969662, "energy": 16.899827, "activity_lines": [ 18.321334, 18.325455, 17.771667, 17.810086 ] }, { "date": "2025-08-08", "close": 17.67, "volume": 55950949, "typical_volume": 107430461.5, "trend": 17.491333, "fair_value": 10.325962, "relative_strength": 11.492316, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.587934, "energy": 10.230218, "activity_lines": [ 18.059334, 18.250909, 17.783571, 17.832344 ] }, { "date": "2025-08-15", "close": 18.620001, "volume": 99554272, "typical_volume": 106507146.45, "trend": 17.685667, "fair_value": 10.394038, "relative_strength": 11.059887, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.54945, "energy": 11.836986, "activity_lines": [ 18.167334, 18.327637, 17.897286, 17.905161 ] }, { "date": "2025-08-22", "close": 19.07, "volume": 110012220, "typical_volume": 108087236.15, "trend": 17.868, "fair_value": 10.464359, "relative_strength": 7.55917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.591237, "energy": 22.86585, "activity_lines": [ 18.460667, 18.455455, 18.051524, 17.994473 ] }, { "date": "2025-08-29", "close": 17.459999, "volume": 132392826, "typical_volume": 106108687.05, "trend": 18.032333, "fair_value": 10.522308, "relative_strength": -6.467263, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.820351, "energy": 4.808333, "activity_lines": [ 18.17, 18.279455, 18.043667, 17.96815 ] }, { "date": "2025-09-05", "close": 16.209999, "volume": 81381504, "typical_volume": 105621961.05, "trend": 18.085333, "fair_value": 10.572692, "relative_strength": -13.098975, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.401232, "energy": 22.449434, "activity_lines": [ 17.534, 17.872364, 17.911619, 17.85058 ] }, { "date": "2025-09-12", "close": 16.25, "volume": 76723140, "typical_volume": 104768397.05, "trend": 18.102667, "fair_value": 10.623333, "relative_strength": -15.667446, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.118804, "energy": 38.897225, "activity_lines": [ 17.015333, 17.530364, 17.781, 17.732172 ] }, { "date": "2025-09-19", "close": 15.57, "volume": 56048709, "typical_volume": 104929077.5, "trend": 18.025, "fair_value": 10.67359, "relative_strength": -20.521081, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.555546, "energy": 62.334657, "activity_lines": [ 16.364666, 17.105091, 17.581619, 17.568774 ] }, { "date": "2025-09-26", "close": 14.99, "volume": 50981527, "typical_volume": 102057614.75, "trend": 17.707, "fair_value": 10.719744, "relative_strength": -24.575709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.190966, "energy": 79.077991, "activity_lines": [ 15.724, 16.639454, 17.330286, 17.372968 ] }, { "date": "2025-10-03", "close": 15.06, "volume": 16871075, "typical_volume": 94487903.9, "trend": 17.467, "fair_value": 10.767436, "relative_strength": -26.202281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.947169, "energy": 79.978121, "activity_lines": [ 15.378667, 16.247818, 17.094952, 17.202193 ] }, { "date": "2025-10-10", "close": 14.65, "volume": 17643750, "typical_volume": 91277508.15, "trend": 17.215, "fair_value": 10.814231, "relative_strength": -27.303334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.57821, "energy": 82.77427, "activity_lines": [ 15.056667, 15.844727, 16.832667, 17.020452 ] }, { "date": "2025-10-17", "close": 13.83, "volume": 35813215, "typical_volume": 89887247.4, "trend": 17.007667, "fair_value": 10.856731, "relative_strength": -27.651034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.735013, "energy": 86.762191, "activity_lines": [ 14.565333, 15.349273, 16.500524, 16.802064 ] }, { "date": "2025-10-24", "close": 14.45, "volume": 29099603, "typical_volume": 88592265.65, "trend": 16.885, "fair_value": 10.904038, "relative_strength": -27.852081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.938947, "energy": 76.468595, "activity_lines": [ 14.442, 15.036364, 16.240095, 16.637054 ] }, { "date": "2025-10-31", "close": 14.68, "volume": 35465102, "typical_volume": 79538328.8, "trend": 16.8, "fair_value": 10.948397, "relative_strength": -27.30264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.156446, "energy": 68.94474, "activity_lines": [ 14.47, 14.841091, 16.013381, 16.494796 ] }, { "date": "2025-11-07", "close": 14.37, "volume": 31480533, "typical_volume": 72725916.0, "trend": 16.733, "fair_value": 10.990064, "relative_strength": -28.985256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.360034, "energy": 57.862291, "activity_lines": [ 14.415333, 14.669273, 15.775143, 16.338021 ] }, { "date": "2025-11-14", "close": 14.12, "volume": 23749660, "typical_volume": 63301848.85, "trend": 16.68, "fair_value": 11.030064, "relative_strength": -28.840376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.558371, "energy": 54.146771, "activity_lines": [ 14.323333, 14.508182, 15.526809, 16.169441 ] }, { "date": "2025-11-21", "close": 14.84, "volume": 91730559, "typical_volume": 62820141.35, "trend": 16.661, "fair_value": 11.073269, "relative_strength": -21.181931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.916776, "energy": 43.976476, "activity_lines": [ 14.506667, 14.516, 15.372143, 16.050731 ] }, { "date": "2025-11-28", "close": 14.73, "volume": 63417924, "typical_volume": 60330568.75, "trend": 16.61, "fair_value": 11.114551, "relative_strength": -24.384057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.845047, "energy": 39.19349, "activity_lines": [ 14.586, 14.529455, 15.224286, 15.92615 ] }, { "date": "2025-12-05", "close": 13.9, "volume": 50496539, "typical_volume": 58922218.05, "trend": 16.508333, "fair_value": 11.149038, "relative_strength": -29.267132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.729751, "energy": 49.630705, "activity_lines": [ 14.37, 14.407273, 15.018429, 15.751312 ] }, { "date": "2025-12-12", "close": 13.15, "volume": 29196903, "typical_volume": 57193880.85, "trend": 16.36, "fair_value": 11.181603, "relative_strength": -33.299708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.782465, "energy": 59.815989, "activity_lines": [ 13.956, 14.168545, 14.762381, 15.534645 ] }, { "date": "2025-12-19", "close": 13.02, "volume": 30662240, "typical_volume": 55933612.5, "trend": 16.248, "fair_value": 11.211731, "relative_strength": -32.735418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.372255, "energy": 79.784211, "activity_lines": [ 13.58, 13.940909, 14.519571, 15.319161 ] }, { "date": "2025-12-26", "close": 11.97, "volume": 74048784, "typical_volume": 56838504.25, "trend": 16.097333, "fair_value": 11.237115, "relative_strength": -39.888609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.281132, "energy": 90.313258, "activity_lines": [ 12.927333, 13.552, 14.199381, 15.043161 ] }, { "date": "2026-01-02", "close": 12.09, "volume": 22819713, "typical_volume": 53001776.3, "trend": 15.936, "fair_value": 11.264679, "relative_strength": -38.588498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.673185, "energy": 89.770394, "activity_lines": [ 12.506, 13.218727, 13.917762, 14.784624 ] }, { "date": "2026-01-09", "close": 12.89, "volume": 50115522, "typical_volume": 50006941.4, "trend": 15.750333, "fair_value": 11.298718, "relative_strength": -36.966765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.619971, "energy": 78.418045, "activity_lines": [ 12.527333, 13.073818, 13.743429, 14.588108 ] }, { "date": "2026-01-16", "close": 13.31, "volume": 99499556, "typical_volume": 48362277.9, "trend": 15.619, "fair_value": 11.335385, "relative_strength": -35.365993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.379778, "energy": 56.650927, "activity_lines": [ 12.756, 13.037818, 13.638524, 14.430667 ] }, { "date": "2026-01-23", "close": 13.13, "volume": 37476004, "typical_volume": 46167002.9, "trend": 15.410333, "fair_value": 11.368397, "relative_strength": -36.591889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.51696, "energy": 46.462913, "activity_lines": [ 12.914, 12.988364, 13.536238, 14.270086 ] }, { "date": "2026-01-30", "close": 12.38, "volume": 52603149, "typical_volume": 44961003.35, "trend": 15.207333, "fair_value": 11.397949, "relative_strength": -38.933323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.996331, "energy": 43.509668, "activity_lines": [ 12.814667, 12.820545, 13.37719, 14.074581 ] }, { "date": "2026-02-06", "close": 12.68, "volume": 36607417, "typical_volume": 43988938.75, "trend": 14.991667, "fair_value": 11.426987, "relative_strength": -35.700275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.028814, "energy": 35.953148, "activity_lines": [ 12.788, 12.752, 13.265143, 13.911527 ] }, { "date": "2026-02-13", "close": 13.29, "volume": 38706869, "typical_volume": 43375205.85, "trend": 14.822667, "fair_value": 11.45109, "relative_strength": -33.058861, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -42.724511, "energy": 31.095402, "activity_lines": [ 12.925333, 12.831636, 13.224952, 13.801742 ] }, { "date": "2026-02-27", "close": 13.32, "volume": 28794610, "typical_volume": 43971382.6, "trend": 14.649, "fair_value": 11.470705, "relative_strength": -34.096856, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.511053, "energy": 27.749796, "activity_lines": [ 13.046, 12.927818, 13.195714, 13.704796 ] }, { "date": "2026-03-06", "close": 12.4, "volume": 45021333, "typical_volume": 45340261.75, "trend": 14.47, "fair_value": 11.485513, "relative_strength": -35.984332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.628592, "energy": 29.678336, "activity_lines": [ 12.859333, 12.853636, 13.087143, 13.559699 ] }, { "date": "2026-03-13", "close": 12.04, "volume": 33582097, "typical_volume": 45228705.85, "trend": 14.282333, "fair_value": 11.500577, "relative_strength": -37.245413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.712425, "energy": 38.567317, "activity_lines": [ 12.601333, 12.725273, 12.955, 13.402925 ] }, { "date": "2026-03-20", "close": 11.43, "volume": 31897845, "typical_volume": 45368617.95, "trend": 14.042667, "fair_value": 11.510962, "relative_strength": -37.572397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.147017, "energy": 57.485991, "activity_lines": [ 12.162667, 12.484727, 12.773286, 13.218903 ] }, { "date": "2026-03-27", "close": 13.85, "volume": 170324558, "typical_volume": 52111590.75, "trend": 13.868667, "fair_value": 11.537692, "relative_strength": -22.795543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.054197, "energy": 26.254228, "activity_lines": [ 12.614, 12.696182, 12.836429, 13.206473 ] }, { "date": "2026-04-03", "close": 12.88, "volume": 177959316, "typical_volume": 59435529.9, "trend": 13.716, "fair_value": 11.557244, "relative_strength": -25.190023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.592391, "energy": 25.372965, "activity_lines": [ 12.704667, 12.713818, 12.811143, 13.142688 ] }, { "date": "2026-04-10", "close": 13.75, "volume": 127167342, "typical_volume": 64606414.0, "trend": 13.634, "fair_value": 11.578974, "relative_strength": -24.687861, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.787548, "energy": 6.522834, "activity_lines": [ 13.114667, 12.897455, 12.87581, 13.144882 ] }, { "date": "2026-04-17", "close": 14.06, "volume": 129946306, "typical_volume": 66517201.35, "trend": 13.561, "fair_value": 11.60391, "relative_strength": -25.156234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.506215, "energy": 15.725264, "activity_lines": [ 13.538, 13.126182, 12.971762, 13.172366 ] }, { "date": "2026-04-24", "close": 12.01, "volume": 95166797, "typical_volume": 68104645.0, "trend": 13.442333, "fair_value": 11.61359, "relative_strength": -35.515311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.90101, "energy": 15.212828, "activity_lines": [ 13.143333, 12.951636, 12.87619, 13.072301 ] }, { "date": "2026-05-01", "close": 8.22, "volume": 75568170, "typical_volume": 69358226.55, "trend": 13.216667, "fair_value": 11.596474, "relative_strength": -55.662704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.316015, "energy": 58.403749, "activity_lines": [ 11.446667, 12.100182, 12.432619, 12.735376 ] }, { "date": "2026-05-08", "close": 8.12, "volume": 86081868, "typical_volume": 72202474.8, "trend": 12.985333, "fair_value": 11.589936, "relative_strength": -56.72601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.440993, "energy": 81.38279, "activity_lines": [ 10.092, 11.322727, 12.006571, 12.406559 ] }, { "date": "2026-05-15", "close": 7.08, "volume": 98572962, "typical_volume": 75598010.9, "trend": 12.733, "fair_value": 11.576987, "relative_strength": -61.514408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.792468, "energy": 90.111063, "activity_lines": [ 8.708, 10.450727, 11.505429, 12.02557 ] }, { "date": "2026-05-22", "close": 6.82, "volume": 59230011, "typical_volume": 74857072.25, "trend": 12.499333, "fair_value": 11.561538, "relative_strength": -62.219269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.534598, "energy": 91.888117, "activity_lines": [ 7.682, 9.628182, 11.00781, 11.644086 ] }, { "date": "2026-05-29", "close": 6.61, "volume": 73699638, "typical_volume": 77401068.5, "trend": 12.238, "fair_value": 11.545897, "relative_strength": -62.589384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.825023, "energy": 90.61495, "activity_lines": [ 7.068667, 8.862364, 10.514714, 11.264129 ] }, { "date": "2026-06-05", "close": 6.45, "volume": 10290703, "typical_volume": 75409827.55, "trend": 11.963667, "fair_value": 11.528462, "relative_strength": -62.089365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.077147, "energy": 89.664921, "activity_lines": [ 6.762, 8.155091, 10.032476, 10.89071 ] }, { "date": "2026-06-12", "close": 5.76, "volume": 8711005, "typical_volume": 70870400.0, "trend": 11.676667, "fair_value": 11.506923, "relative_strength": -64.566529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.911954, "energy": 88.736695, "activity_lines": [ 6.343333, 7.456909, 9.51519, 10.490473 ] }, { "date": "2026-06-19", "close": 5.81, "volume": 45000760, "typical_volume": 71246637.8, "trend": 11.399667, "fair_value": 11.480577, "relative_strength": -65.752609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.387941, "energy": 78.250905, "activity_lines": [ 6.098667, 6.897273, 9.038619, 10.111978 ] }, { "date": "2026-06-26", "close": 5.36, "volume": 9816923, "typical_volume": 69107326.5, "trend": 11.083667, "fair_value": 11.45109, "relative_strength": -67.079467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.229681, "energy": 87.640608, "activity_lines": [ 5.788667, 6.400182, 8.554048, 9.722323 ] }, { "date": "2026-07-03", "close": 5.97, "volume": 9055401, "typical_volume": 67729725.7, "trend": 10.791667, "fair_value": 11.425641, "relative_strength": -61.842042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.707719, "energy": 81.362226, "activity_lines": [ 5.779333, 6.172182, 8.161, 9.392409 ] }, { "date": "2026-07-10", "close": 5.63, "volume": 40267027, "typical_volume": 67807733.6, "trend": 10.516, "fair_value": 11.398462, "relative_strength": -61.681532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.033976, "energy": 82.248699, "activity_lines": [ 5.699333, 5.992182, 7.767524, 9.059398 ] }, { "date": "2026-07-17", "close": 5.25, "volume": 34350300, "typical_volume": 68085518.1, "trend": 10.252667, "fair_value": 11.370897, "relative_strength": -59.657022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.097591, "energy": 83.083345, "activity_lines": [ 5.547333, 5.790182, 7.374333, 8.719656 ] }, { "date": "2026-07-24", "close": 4.95, "volume": 33928439, "typical_volume": 67530873.4, "trend": 9.983667, "fair_value": 11.344551, "relative_strength": -61.10738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.057095, "energy": 79.501681, "activity_lines": [ 5.329333, 5.585818, 6.991, 8.377548 ] }, { "date": "2026-07-31", "close": 5.58, "volume": 39781280, "typical_volume": 67840832.55, "trend": 9.770667, "fair_value": 11.319231, "relative_strength": -54.339107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.715029, "energy": 86.90106, "activity_lines": [ 5.378667, 5.534727, 6.703143, 8.093441 ] }, { "date": "2026-08-07", "close": 5.63, "volume": 34923176, "typical_volume": 67992099.1, "trend": 9.555333, "fair_value": 11.298718, "relative_strength": -55.11331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.001789, "energy": 83.55935, "activity_lines": [ 5.43, 5.515273, 6.45081, 7.826301 ] } ], "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." } } }