{ "ticker": { "uuid": "5be61618-d9d2-474c-9318-e965988d30e6", "symbol": "600586", "name": "Shandong Jinjing Science & Technology Stock Co.,Ltd", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.69, "architecture_energy": 57.59, "architecture_maturity": 48.565, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 7.88, "rotation_up": 21.83, "upward_expansion": 9.74, "deceleration": 53.65, "rotation_down": 59.37, "downward_expansion": 83.07 }, "activity_lines": [ 4.124667, 4.220182, 4.626286, 4.962645 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 4.18, "trend_reference": 5.393667, "distance_from_trend": -0.225017, "trend_direction": "Weakening", "fair_value": 5.694946, "distance_from_fair_value": -0.266016, "fair_value_direction": "Weakening", "relative_strength": -22.034896, "relative_strength_direction": "Weakening", "price_momentum": -0.265378, "excess_performance": -0.222174, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.225017, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.086077, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.266016, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.23594, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.220349, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.186149, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.265378, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.398733, "read": "Supply-led" } ], "volume": { "latest": 68527458, "relative_activity": 0.427882, "balance": 0.398733, "dry_up": 0.465903, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.112256, "annualized_volatility": 0.46919, "from_high_reference": -0.475533, "from_low_reference": 0.114667 }, "levels": { "trend_reference": 5.393667, "fair_value_reference": 5.694946, "structural_low": 3.75, "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": 31, "median_return": 0.0, "positive_rate": 0.419355, "directional_follow_through": 0.451613, "median_excess_return": -0.014303, "regime_survival": 0.83871, "best_return": 0.194643, "worst_return": -0.349593, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.030031, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.056774, "regime_survival": 0.6, "best_return": 0.07957, "worst_return": -0.236725, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.09691, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.116996, "regime_survival": 0.2, "best_return": 0.015182, "worst_return": -0.226062, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.150063, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.212681, "regime_survival": 0.5, "best_return": 0.283379, "worst_return": -0.213573, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-01-17", "tenure": "Developing", "return": -0.125418, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.001942, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": 0.139165, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.188482, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-07-18", "tenure": "Established", "return": 0.040602, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.076782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-31", "tenure": "Developing", "return": 0.031434, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.112977, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-02-06", "tenure": "Developing", "return": 0.213262, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-27", "tenure": "Developing", "return": -0.059006, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.011538, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.081181, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.053726, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": -0.194605, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.65427, "volume": 121621807, "typical_volume": 153206353.35, "trend": 8.709209, "fair_value": 7.530062, "relative_strength": -15.504748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.611384, "energy": 29.388952, "activity_lines": [ 7.587541, 7.550735, 7.692453, 8.111263 ] }, { "date": "2023-08-04", "close": 7.830907, "volume": 110647977, "typical_volume": 152505344.5, "trend": 8.686422, "fair_value": 7.559234, "relative_strength": -14.097021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.54847, "energy": 24.775376, "activity_lines": [ 7.6667, 7.597163, 7.684489, 8.054598 ] }, { "date": "2023-08-11", "close": 7.242117, "volume": 76712138, "typical_volume": 144667727.2, "trend": 8.609143, "fair_value": 7.584571, "relative_strength": -17.994296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.009151, "energy": 37.21051, "activity_lines": [ 7.532587, 7.540081, 7.625427, 7.961417 ] }, { "date": "2023-08-18", "close": 7.036041, "volume": 61500089, "typical_volume": 131306593.05, "trend": 8.512611, "fair_value": 7.607987, "relative_strength": -18.533564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.250932, "energy": 43.18062, "activity_lines": [ 7.358567, 7.456223, 7.555032, 7.859927 ] }, { "date": "2023-08-25", "close": 6.829964, "volume": 57060568, "typical_volume": 126905708.45, "trend": 8.376626, "fair_value": 7.62912, "relative_strength": -18.672322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.486485, "energy": 61.802776, "activity_lines": [ 7.155761, 7.334896, 7.472657, 7.751369 ] }, { "date": "2023-09-01", "close": 7.193051, "volume": 134928969, "typical_volume": 125315809.15, "trend": 8.221787, "fair_value": 7.654023, "relative_strength": -15.734645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.296498, "energy": 56.951112, "activity_lines": [ 7.113892, 7.294216, 7.431625, 7.675009 ] }, { "date": "2023-09-08", "close": 7.310809, "volume": 93883013, "typical_volume": 117120410.85, "trend": 8.083582, "fair_value": 7.67974, "relative_strength": -13.284341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.30479, "energy": 52.450772, "activity_lines": [ 7.142023, 7.276195, 7.406845, 7.616236 ] }, { "date": "2023-09-15", "close": 7.242117, "volume": 132902404, "typical_volume": 114040822.65, "trend": 7.969481, "fair_value": 7.704357, "relative_strength": -13.550593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.589909, "energy": 38.950998, "activity_lines": [ 7.18193, 7.250503, 7.379253, 7.561948 ] }, { "date": "2023-09-22", "close": 7.173425, "volume": 41735517, "typical_volume": 113305718.5, "trend": 7.855045, "fair_value": 7.728653, "relative_strength": -13.979186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.43, "energy": 31.338053, "activity_lines": [ 7.198939, 7.220171, 7.349176, 7.51059 ] }, { "date": "2023-09-29", "close": 7.134172, "volume": 32077720, "typical_volume": 107482033.35, "trend": 7.755594, "fair_value": 7.753359, "relative_strength": -13.235607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.459878, "energy": 27.061762, "activity_lines": [ 7.193705, 7.191089, 7.317884, 7.464082 ] }, { "date": "2023-10-13", "close": 6.869216, "volume": 52758449, "typical_volume": 103449640.45, "trend": 7.67175, "fair_value": 7.776426, "relative_strength": -15.272713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.877545, "energy": 40.409113, "activity_lines": [ 7.079872, 7.119185, 7.264113, 7.406896 ] }, { "date": "2023-10-20", "close": 6.496316, "volume": 61109614, "typical_volume": 96959630.3, "trend": 7.59242, "fair_value": 7.797944, "relative_strength": -16.655577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.887004, "energy": 64.248395, "activity_lines": [ 6.863328, 6.993754, 7.17987, 7.331062 ] }, { "date": "2023-10-27", "close": 6.712206, "volume": 75983809, "typical_volume": 94943229.05, "trend": 7.516702, "fair_value": 7.821446, "relative_strength": -14.387377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.713474, "energy": 64.319647, "activity_lines": [ 6.773047, 6.931842, 7.123471, 7.274274 ] }, { "date": "2023-11-03", "close": 6.741645, "volume": 48774922, "typical_volume": 91425887.6, "trend": 7.45337, "fair_value": 7.843155, "relative_strength": -14.058804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.461818, "energy": 67.501346, "activity_lines": [ 6.727907, 6.884917, 7.0752, 7.22427 ] }, { "date": "2023-11-10", "close": 6.869216, "volume": 56859302, "typical_volume": 87948348.65, "trend": 7.407324, "fair_value": 7.8649, "relative_strength": -12.382652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.414334, "energy": 55.666673, "activity_lines": [ 6.754075, 6.86654, 7.04048, 7.186583 ] }, { "date": "2023-11-17", "close": 7.143985, "volume": 105681370, "typical_volume": 89865164.75, "trend": 7.370438, "fair_value": 7.889368, "relative_strength": -9.002108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.495652, "energy": 31.025041, "activity_lines": [ 6.889497, 6.897407, 7.035573, 7.169593 ] }, { "date": "2023-11-24", "close": 6.986975, "volume": 65093555, "typical_volume": 87649655.2, "trend": 7.333531, "fair_value": 7.911868, "relative_strength": -10.335119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.759085, "energy": 19.766147, "activity_lines": [ 6.954264, 6.900619, 7.016274, 7.144854 ] }, { "date": "2023-12-01", "close": 6.810338, "volume": 53740892, "typical_volume": 78697548.15, "trend": 7.290737, "fair_value": 7.929512, "relative_strength": -12.165812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.000121, "energy": 19.430258, "activity_lines": [ 6.927441, 6.877602, 6.982956, 7.111099 ] }, { "date": "2023-12-08", "close": 6.614074, "volume": 62258760, "typical_volume": 76354794.35, "trend": 7.254434, "fair_value": 7.944215, "relative_strength": -12.768527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.711562, "energy": 28.338961, "activity_lines": [ 6.828656, 6.826752, 6.935058, 7.067444 ] }, { "date": "2023-12-15", "close": 6.457064, "volume": 44520427, "typical_volume": 74492565.1, "trend": 7.212572, "fair_value": 7.957491, "relative_strength": -13.668071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.724851, "energy": 56.747526, "activity_lines": [ 6.686038, 6.757525, 6.877067, 7.016 ] }, { "date": "2023-12-22", "close": 6.280427, "volume": 71299722, "typical_volume": 71976460.85, "trend": 7.157654, "fair_value": 7.969995, "relative_strength": -14.634543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.548384, "energy": 76.799542, "activity_lines": [ 6.512018, 6.668493, 6.80688, 6.955862 ] }, { "date": "2023-12-29", "close": 6.555195, "volume": 87419872, "typical_volume": 70815055.6, "trend": 7.108635, "fair_value": 7.982339, "relative_strength": -12.272731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.192168, "energy": 68.812715, "activity_lines": [ 6.487157, 6.640124, 6.769403, 6.916994 ] }, { "date": "2024-01-05", "close": 6.31968, "volume": 50933122, "typical_volume": 69526104.8, "trend": 7.058284, "fair_value": 7.99155, "relative_strength": -13.722362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.688362, "energy": 70.451055, "activity_lines": [ 6.412578, 6.567863, 6.71557, 6.866093 ] }, { "date": "2024-01-12", "close": 6.829964, "volume": 154539002, "typical_volume": 74178050.45, "trend": 7.051415, "fair_value": 7.999467, "relative_strength": -4.946272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.035711, "energy": 37.166196, "activity_lines": [ 6.540803, 6.595519, 6.714729, 6.851363 ] }, { "date": "2024-01-19", "close": 6.211735, "volume": 196293242, "typical_volume": 81139684.15, "trend": 7.003984, "fair_value": 8.001438, "relative_strength": -11.463418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.512809, "energy": 40.097378, "activity_lines": [ 6.448559, 6.509163, 6.655991, 6.79719 ] }, { "date": "2024-01-26", "close": 5.995845, "volume": 107421163, "typical_volume": 79764293.85, "trend": 6.961788, "fair_value": 8.000824, "relative_strength": -16.147131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.895742, "energy": 48.104727, "activity_lines": [ 6.300707, 6.395509, 6.579635, 6.732149 ] }, { "date": "2024-02-02", "close": 5.367802, "volume": 75698554, "typical_volume": 78855070.9, "trend": 6.888189, "fair_value": 7.990657, "relative_strength": -19.108269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.646619, "energy": 65.570802, "activity_lines": [ 5.96248, 6.18854, 6.449166, 6.629311 ] }, { "date": "2024-02-09", "close": 5.829021, "volume": 99469769, "typical_volume": 77183439.15, "trend": 6.826693, "fair_value": 7.986931, "relative_strength": -15.250051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.643561, "energy": 69.400952, "activity_lines": [ 5.857152, 6.094869, 6.371876, 6.560978 ] }, { "date": "2024-02-23", "close": 5.85846, "volume": 87808496, "typical_volume": 79487088.1, "trend": 6.767487, "fair_value": 7.977146, "relative_strength": -17.730505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.23171, "energy": 68.482105, "activity_lines": [ 5.794348, 6.024392, 6.304118, 6.498511 ] }, { "date": "2024-03-01", "close": 5.91734, "volume": 114814531, "typical_volume": 83623928.65, "trend": 6.717113, "fair_value": 7.976809, "relative_strength": -16.595555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.619788, "energy": 53.597051, "activity_lines": [ 5.815937, 5.97836, 6.24823, 6.443663 ] }, { "date": "2024-03-08", "close": 6.084163, "volume": 110651305, "typical_volume": 86518571.45, "trend": 6.664776, "fair_value": 7.973397, "relative_strength": -13.896717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.26502, "energy": 36.284242, "activity_lines": [ 5.91276, 5.972472, 6.214024, 6.402827 ] }, { "date": "2024-03-15", "close": 6.133229, "volume": 106056763, "typical_volume": 88765928.9, "trend": 6.608186, "fair_value": 7.974385, "relative_strength": -12.700337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.021514, "energy": 24.925016, "activity_lines": [ 6.020051, 5.979073, 6.18823, 6.368534 ] }, { "date": "2024-03-22", "close": 5.966405, "volume": 81748627, "typical_volume": 89054169.8, "trend": 6.565663, "fair_value": 7.967694, "relative_strength": -14.210998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.730743, "energy": 20.957042, "activity_lines": [ 6.020705, 5.963015, 6.148276, 6.327129 ] }, { "date": "2024-03-29", "close": 5.789768, "volume": 63674740, "typical_volume": 89799160.7, "trend": 6.52412, "fair_value": 7.963597, "relative_strength": -15.977261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.935892, "energy": 23.967216, "activity_lines": [ 5.953321, 5.921265, 6.095051, 6.277071 ] }, { "date": "2024-04-05", "close": 6.005658, "volume": 46448902, "typical_volume": 89278640.7, "trend": 6.496643, "fair_value": 7.956077, "relative_strength": -13.05683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.729314, "energy": 21.996441, "activity_lines": [ 5.96248, 5.937679, 6.06692, 6.243622 ] }, { "date": "2024-04-12", "close": 5.946779, "volume": 98254165, "typical_volume": 88907280.45, "trend": 6.455101, "fair_value": 7.953826, "relative_strength": -11.984119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.834108, "energy": 26.281256, "activity_lines": [ 5.946125, 5.947136, 6.037294, 6.208147 ] }, { "date": "2024-04-19", "close": 5.789768, "volume": 79257749, "typical_volume": 89615490.15, "trend": 6.4044, "fair_value": 7.953573, "relative_strength": -15.15737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.665581, "energy": 30.454506, "activity_lines": [ 5.886591, 5.928937, 5.998415, 6.165222 ] }, { "date": "2024-04-26", "close": 5.878087, "volume": 78645702, "typical_volume": 90860730.65, "trend": 6.358932, "fair_value": 7.951664, "relative_strength": -14.093199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.232332, "energy": 27.020324, "activity_lines": [ 5.879395, 5.919124, 5.973648, 6.131266 ] }, { "date": "2024-05-03", "close": 6.123416, "volume": 63409244, "typical_volume": 90918254.85, "trend": 6.323932, "fair_value": 7.950906, "relative_strength": -10.6022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.470107, "energy": 18.707955, "activity_lines": [ 5.959863, 5.953024, 5.976686, 6.116072 ] }, { "date": "2024-05-10", "close": 6.339306, "volume": 92797579, "typical_volume": 93332112.45, "trend": 6.297436, "fair_value": 7.951713, "relative_strength": -8.569579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.877011, "energy": 5.918116, "activity_lines": [ 6.090051, 6.021359, 6.002621, 6.117064 ] }, { "date": "2024-05-17", "close": 6.388372, "volume": 70949610, "typical_volume": 93314606.85, "trend": 6.281408, "fair_value": 7.952714, "relative_strength": -7.616583, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.266182, "energy": 16.660762, "activity_lines": [ 6.214352, 6.090943, 6.033789, 6.122931 ] }, { "date": "2024-05-24", "close": 6.270614, "volume": 126664719, "typical_volume": 95276849.2, "trend": 6.273885, "fair_value": 7.952059, "relative_strength": -7.140463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.871525, "energy": 25.436479, "activity_lines": [ 6.26996, 6.133586, 6.053229, 6.122234 ] }, { "date": "2024-05-31", "close": 6.309866, "volume": 124753713, "typical_volume": 98967878.75, "trend": 6.260473, "fair_value": 7.950574, "relative_strength": -6.1913, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.550403, "energy": 39.729133, "activity_lines": [ 6.306595, 6.180868, 6.077761, 6.124556 ] }, { "date": "2024-06-07", "close": 6.239936, "volume": 84964725, "typical_volume": 95489164.9, "trend": 6.24375, "fair_value": 7.94774, "relative_strength": -5.773676, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.073071, "energy": 35.118493, "activity_lines": [ 6.291136, 6.20919, 6.095681, 6.123231 ] }, { "date": "2024-06-14", "close": 6.160192, "volume": 37523527, "typical_volume": 87550679.15, "trend": 6.220115, "fair_value": 7.944935, "relative_strength": -6.078963, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.861752, "energy": 13.646148, "activity_lines": [ 6.241327, 6.214829, 6.108816, 6.11784 ] }, { "date": "2024-06-21", "close": 6.010674, "volume": 46327313, "typical_volume": 84495986.65, "trend": 6.182338, "fair_value": 7.943335, "relative_strength": -7.16173, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.866637, "energy": 3.172931, "activity_lines": [ 6.153619, 6.190472, 6.107956, 6.104327 ] }, { "date": "2024-06-28", "close": 5.781411, "volume": 53225048, "typical_volume": 83372311.35, "trend": 6.142153, "fair_value": 7.939423, "relative_strength": -9.468286, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.006697, "energy": 25.557208, "activity_lines": [ 6.014671, 6.12327, 6.085191, 6.078461 ] }, { "date": "2024-07-05", "close": 5.681731, "volume": 32036472, "typical_volume": 80000646.5, "trend": 6.104533, "fair_value": 7.934633, "relative_strength": -10.225737, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.810739, "energy": 39.357771, "activity_lines": [ 5.875109, 6.038096, 6.050963, 6.048757 ] }, { "date": "2024-07-12", "close": 5.771442, "volume": 45512941, "typical_volume": 77885868.75, "trend": 6.076445, "fair_value": 7.928916, "relative_strength": -9.118877, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.98765, "energy": 53.734833, "activity_lines": [ 5.807327, 5.972804, 6.025981, 6.027267 ] }, { "date": "2024-07-19", "close": 5.54218, "volume": 43250583, "typical_volume": 74307671.35, "trend": 6.045949, "fair_value": 7.924072, "relative_strength": -12.624972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.169702, "energy": 71.71655, "activity_lines": [ 5.694357, 5.872226, 5.979578, 5.992798 ] }, { "date": "2024-07-26", "close": 5.502308, "volume": 45944074, "typical_volume": 71072309.8, "trend": 6.020012, "fair_value": 7.910562, "relative_strength": -10.141134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.698855, "energy": 73.761808, "activity_lines": [ 5.609297, 5.778893, 5.931164, 5.957725 ] }, { "date": "2024-08-02", "close": 5.631891, "volume": 40377543, "typical_volume": 67788348.8, "trend": 5.989235, "fair_value": 7.893619, "relative_strength": -8.142963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.91203, "energy": 64.429254, "activity_lines": [ 5.601323, 5.72523, 5.897863, 5.932684 ] }, { "date": "2024-08-09", "close": 5.681731, "volume": 44207590, "typical_volume": 65911296.95, "trend": 5.96797, "fair_value": 7.874344, "relative_strength": -5.630977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.631757, "energy": 56.245108, "activity_lines": [ 5.61993, 5.692243, 5.871695, 5.912846 ] }, { "date": "2024-08-16", "close": 5.54218, "volume": 37699202, "typical_volume": 64612520.05, "trend": 5.925044, "fair_value": 7.847302, "relative_strength": -8.116052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.379752, "energy": 43.438863, "activity_lines": [ 5.59202, 5.645303, 5.833593, 5.885375 ] }, { "date": "2024-08-23", "close": 5.033814, "volume": 69504130, "typical_volume": 65765281.45, "trend": 5.88578, "fair_value": 7.815676, "relative_strength": -15.41763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.857839, "energy": 61.664263, "activity_lines": [ 5.409938, 5.518619, 5.748254, 5.827877 ] }, { "date": "2024-08-30", "close": 5.253109, "volume": 56209670, "typical_volume": 63663056.7, "trend": 5.861022, "fair_value": 7.790759, "relative_strength": -11.028561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.031828, "energy": 65.702189, "activity_lines": [ 5.334846, 5.452287, 5.688427, 5.787059 ] }, { "date": "2024-09-06", "close": 5.043782, "volume": 40468533, "typical_volume": 61723595.9, "trend": 5.850221, "fair_value": 7.761065, "relative_strength": -11.883242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.694133, "energy": 79.462079, "activity_lines": [ 5.206592, 5.361669, 5.611968, 5.734334 ] }, { "date": "2024-09-13", "close": 4.884295, "volume": 48556739, "typical_volume": 60219147.75, "trend": 5.81873, "fair_value": 7.726431, "relative_strength": -12.323235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.359717, "energy": 86.051905, "activity_lines": [ 5.064383, 5.255465, 5.523872, 5.672016 ] }, { "date": "2024-09-20", "close": 4.884295, "volume": 26683592, "typical_volume": 58382865.15, "trend": 5.786258, "fair_value": 7.693846, "relative_strength": -12.915531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.637652, "energy": 84.105535, "activity_lines": [ 4.975336, 5.16376, 5.440509, 5.61173 ] }, { "date": "2024-09-27", "close": 5.49234, "volume": 107737208, "typical_volume": 59129846.6, "trend": 5.772091, "fair_value": 7.660276, "relative_strength": -12.752476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.635809, "energy": 50.30643, "activity_lines": [ 5.132829, 5.198738, 5.420955, 5.592768 ] }, { "date": "2024-10-04", "close": 6.040577, "volume": 51241651, "typical_volume": 58144448.65, "trend": 5.770639, "fair_value": 7.620335, "relative_strength": -10.800292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.140211, "energy": 13.710722, "activity_lines": [ 5.4425, 5.334303, 5.457647, 5.610089 ] }, { "date": "2024-10-11", "close": 5.482372, "volume": 171401468, "typical_volume": 60381286.1, "trend": 5.748943, "fair_value": 7.579709, "relative_strength": -15.583503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.790934, "energy": 22.021092, "activity_lines": [ 5.513605, 5.358588, 5.442833, 5.591491 ] }, { "date": "2024-10-18", "close": 5.452468, "volume": 109024785, "typical_volume": 59594839.7, "trend": 5.731812, "fair_value": 7.541302, "relative_strength": -16.733579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.221289, "energy": 24.241252, "activity_lines": [ 5.545502, 5.380155, 5.428925, 5.572364 ] }, { "date": "2024-10-25", "close": 6.060513, "volume": 212127039, "typical_volume": 65952955.4, "trend": 5.740837, "fair_value": 7.513243, "relative_strength": -8.217785, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.73393, "energy": 28.486681, "activity_lines": [ 5.742203, 5.516444, 5.477008, 5.59357 ] }, { "date": "2024-11-01", "close": 5.970801, "volume": 291185151, "typical_volume": 78636036.6, "trend": 5.739675, "fair_value": 7.488166, "relative_strength": -8.459937, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.050163, "energy": 23.078666, "activity_lines": [ 5.830585, 5.626998, 5.517402, 5.608407 ] }, { "date": "2024-11-08", "close": 6.100385, "volume": 154587529, "typical_volume": 84049047.4, "trend": 5.744795, "fair_value": 7.463135, "relative_strength": -10.964521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.284802, "energy": 33.334241, "activity_lines": [ 5.930265, 5.744076, 5.571039, 5.631678 ] }, { "date": "2024-11-15", "close": 5.841218, "volume": 251833235, "typical_volume": 93979456.75, "trend": 5.74651, "fair_value": 7.432344, "relative_strength": -11.19942, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.261701, "energy": 30.272691, "activity_lines": [ 5.939568, 5.798628, 5.599567, 5.637899 ] }, { "date": "2024-11-22", "close": 5.691699, "volume": 98534326, "typical_volume": 97304349.45, "trend": 5.740297, "fair_value": 7.406442, "relative_strength": -11.274174, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.484339, "energy": 17.282908, "activity_lines": [ 5.875109, 5.811495, 5.613569, 5.634363 ] }, { "date": "2024-11-29", "close": 5.960834, "volume": 132846931, "typical_volume": 101671048.95, "trend": 5.734878, "fair_value": 7.384013, "relative_strength": -8.27995, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.248088, "energy": 19.456205, "activity_lines": [ 5.884413, 5.858617, 5.653156, 5.648591 ] }, { "date": "2024-12-06", "close": 5.970801, "volume": 116063357, "typical_volume": 105311687.65, "trend": 5.722594, "fair_value": 7.367856, "relative_strength": -9.784224, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.528726, "energy": 16.394813, "activity_lines": [ 5.903684, 5.887977, 5.692791, 5.663812 ] }, { "date": "2024-12-13", "close": 6.229968, "volume": 173800334, "typical_volume": 111704500.65, "trend": 5.717314, "fair_value": 7.351492, "relative_strength": -5.163461, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.363432, "energy": 22.172496, "activity_lines": [ 6.009344, 5.955759, 5.755067, 5.696546 ] }, { "date": "2024-12-20", "close": 5.851186, "volume": 101391261, "typical_volume": 114755186.55, "trend": 5.703333, "fair_value": 7.33258, "relative_strength": -9.890882, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.266523, "energy": 27.383699, "activity_lines": [ 5.980105, 5.951228, 5.777803, 5.705183 ] }, { "date": "2024-12-27", "close": 5.711635, "volume": 58657880, "typical_volume": 115477701.05, "trend": 5.683392, "fair_value": 7.312411, "relative_strength": -12.45503, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.844898, "energy": 20.203104, "activity_lines": [ 5.903684, 5.914618, 5.786205, 5.705718 ] }, { "date": "2025-01-03", "close": 5.362757, "volume": 50610567, "typical_volume": 116123269.3, "trend": 5.654153, "fair_value": 7.2888, "relative_strength": -12.504409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.268065, "energy": 10.265793, "activity_lines": [ 5.709641, 5.809864, 5.761237, 5.685032 ] }, { "date": "2025-01-10", "close": 5.113558, "volume": 53997129, "typical_volume": 115347919.25, "trend": 5.619265, "fair_value": 7.264496, "relative_strength": -14.974702, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.507525, "energy": 26.709453, "activity_lines": [ 5.472404, 5.672488, 5.713391, 5.650155 ] }, { "date": "2025-01-17", "close": 5.213237, "volume": 71092355, "typical_volume": 116092053.5, "trend": 5.592684, "fair_value": 7.24053, "relative_strength": -14.618209, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.240008, "energy": 41.557986, "activity_lines": [ 5.325543, 5.568821, 5.674658, 5.62396 ] }, { "date": "2025-01-24", "close": 5.133494, "volume": 64272686, "typical_volume": 117282261.15, "trend": 5.571087, "fair_value": 7.219066, "relative_strength": -15.674065, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.422038, "energy": 53.788835, "activity_lines": [ 5.219883, 5.466786, 5.628521, 5.594335 ] }, { "date": "2025-01-31", "close": 5.123526, "volume": 8086400, "typical_volume": 115258744.2, "trend": 5.55248, "fair_value": 7.196092, "relative_strength": -15.364399, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.400027, "energy": 59.125576, "activity_lines": [ 5.158746, 5.375806, 5.581007, 5.56546 ] }, { "date": "2025-02-07", "close": 5.263077, "volume": 46716039, "typical_volume": 116260366.55, "trend": 5.535534, "fair_value": 7.175338, "relative_strength": -14.124881, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.6545, "energy": 53.935501, "activity_lines": [ 5.183334, 5.320529, 5.545645, 5.546789 ] }, { "date": "2025-02-14", "close": 5.143461, "volume": 65991623, "typical_volume": 114173087.3, "trend": 5.522244, "fair_value": 7.15436, "relative_strength": -16.72724, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.549215, "energy": 62.266432, "activity_lines": [ 5.174694, 5.25619, 5.497087, 5.521493 ] }, { "date": "2025-02-21", "close": 5.013878, "volume": 75014217, "typical_volume": 115361715.6, "trend": 5.505963, "fair_value": 7.132793, "relative_strength": -19.211086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.852902, "energy": 62.811137, "activity_lines": [ 5.120867, 5.183333, 5.437848, 5.488696 ] }, { "date": "2025-02-28", "close": 5.611955, "volume": 267992755, "typical_volume": 120191279.95, "trend": 5.505298, "fair_value": 7.118495, "relative_strength": -7.733084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.515008, "energy": 24.152516, "activity_lines": [ 5.27969, 5.241329, 5.440459, 5.495534 ] }, { "date": "2025-03-07", "close": 5.711635, "volume": 268690593, "typical_volume": 128174570.35, "trend": 5.506295, "fair_value": 7.099894, "relative_strength": -7.236405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 8.192274, "energy": 10.341057, "activity_lines": [ 5.439842, 5.321797, 5.451946, 5.508846 ] }, { "date": "2025-03-14", "close": 5.711635, "volume": 117370706, "typical_volume": 123436753.7, "trend": 5.511944, "fair_value": 7.081955, "relative_strength": -8.185363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.63762, "energy": 20.90165, "activity_lines": [ 5.560786, 5.402266, 5.462199, 5.522094 ] }, { "date": "2025-03-21", "close": 5.482372, "volume": 96800207, "typical_volume": 113717506.5, "trend": 5.526895, "fair_value": 7.064958, "relative_strength": -10.125536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.759546, "energy": 19.487718, "activity_lines": [ 5.575406, 5.434707, 5.452278, 5.520186 ] }, { "date": "2025-03-28", "close": 5.133494, "volume": 91720232, "typical_volume": 110574141.65, "trend": 5.522908, "fair_value": 7.047413, "relative_strength": -15.170453, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.872729, "energy": 23.398957, "activity_lines": [ 5.451139, 5.39701, 5.411457, 5.494805 ] }, { "date": "2025-04-04", "close": 5.083654, "volume": 64624581, "typical_volume": 101213708.95, "trend": 5.524237, "fair_value": 7.031838, "relative_strength": -15.367733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.242103, "energy": 29.937727, "activity_lines": [ 5.302284, 5.351701, 5.370494, 5.466466 ] }, { "date": "2025-04-11", "close": 4.635096, "volume": 110669375, "typical_volume": 101820461.4, "trend": 5.515931, "fair_value": 7.011942, "relative_strength": -19.901093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.738109, "energy": 70.092855, "activity_lines": [ 5.03913, 5.225743, 5.290418, 5.409102 ] }, { "date": "2025-04-18", "close": 4.814519, "volume": 68974544, "typical_volume": 98626842.05, "trend": 5.513605, "fair_value": 6.993979, "relative_strength": -17.405227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.664847, "energy": 73.982553, "activity_lines": [ 4.907553, 5.141287, 5.232461, 5.36385 ] }, { "date": "2025-04-25", "close": 4.635096, "volume": 77304331, "typical_volume": 96688890.75, "trend": 5.48503, "fair_value": 6.975348, "relative_strength": -20.498969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.967837, "energy": 80.255538, "activity_lines": [ 4.775976, 5.032364, 5.162875, 5.307172 ] }, { "date": "2025-05-02", "close": 4.535417, "volume": 31662324, "typical_volume": 89581990.25, "trend": 5.434858, "fair_value": 6.952522, "relative_strength": -21.324682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.595053, "energy": 82.376187, "activity_lines": [ 4.667658, 4.914561, 5.090157, 5.245906 ] }, { "date": "2025-05-09", "close": 4.744744, "volume": 65369670, "typical_volume": 87780910.7, "trend": 5.41027, "fair_value": 6.941345, "relative_strength": -18.719856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.050832, "energy": 69.445475, "activity_lines": [ 4.668987, 4.843517, 5.045443, 5.201383 ] }, { "date": "2025-05-16", "close": 4.814519, "volume": 85250216, "typical_volume": 89110527.5, "trend": 5.389005, "fair_value": 6.935076, "relative_strength": -17.607794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.609243, "energy": 48.160211, "activity_lines": [ 4.716169, 4.800927, 5.012644, 5.162947 ] }, { "date": "2025-05-23", "close": 4.71484, "volume": 69472820, "typical_volume": 90053640.15, "trend": 5.34415, "fair_value": 6.930097, "relative_strength": -18.290403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.746182, "energy": 42.837354, "activity_lines": [ 4.718163, 4.756524, 4.974624, 5.119453 ] }, { "date": "2025-05-30", "close": 4.665, "volume": 39207478, "typical_volume": 89314157.6, "trend": 5.300623, "fair_value": 6.926246, "relative_strength": -18.541405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.216035, "energy": 41.857078, "activity_lines": [ 4.710188, 4.721183, 4.934942, 5.075637 ] }, { "date": "2025-06-06", "close": 4.674968, "volume": 26401207, "typical_volume": 87079600.2, "trend": 5.253109, "fair_value": 6.920107, "relative_strength": -18.673448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.332499, "energy": 38.693116, "activity_lines": [ 4.703543, 4.702516, 4.898345, 5.035272 ] }, { "date": "2025-06-13", "close": 4.655032, "volume": 59866719, "typical_volume": 86859301.85, "trend": 5.21357, "fair_value": 6.91155, "relative_strength": -18.215043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.351357, "energy": 42.430816, "activity_lines": [ 4.680949, 4.688561, 4.862413, 4.996686 ] }, { "date": "2025-06-20", "close": 4.62, "volume": 32168253, "typical_volume": 88063394.5, "trend": 5.177846, "fair_value": 6.9009, "relative_strength": -17.826943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.627464, "energy": 47.741854, "activity_lines": [ 4.652658, 4.676029, 4.825423, 4.958391 ] }, { "date": "2025-06-27", "close": 4.7, "volume": 46796454, "typical_volume": 88067415.25, "trend": 5.135818, "fair_value": 6.890702, "relative_strength": -17.428236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.722403, "energy": 41.086965, "activity_lines": [ 4.664002, 4.678318, 4.79845, 4.927563 ] }, { "date": "2025-07-04", "close": 5.23, "volume": 305437645, "typical_volume": 100039716.35, "trend": 5.111125, "fair_value": 6.882214, "relative_strength": -8.947275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.678773, "energy": 10.91354, "activity_lines": [ 4.853002, 4.779052, 4.824634, 4.933639 ] }, { "date": "2025-07-11", "close": 5.32, "volume": 264153776, "typical_volume": 109496694.3, "trend": 5.080793, "fair_value": 6.874062, "relative_strength": -7.922452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.981663, "energy": 23.11015, "activity_lines": [ 5.034335, 4.885333, 4.858977, 4.947115 ] }, { "date": "2025-07-18", "close": 5.01, "volume": 139460753, "typical_volume": 103070094.2, "trend": 5.052753, "fair_value": 6.860245, "relative_strength": -13.43829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 13.70545, "energy": 27.898219, "activity_lines": [ 5.069333, 4.920986, 4.862339, 4.942547 ] }, { "date": "2025-07-25", "close": 5.47, "volume": 297603738, "typical_volume": 104515751.45, "trend": 5.044699, "fair_value": 6.850643, "relative_strength": -6.62868, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.769369, "energy": 43.056832, "activity_lines": [ 5.234, 5.035452, 4.912377, 4.969467 ] }, { "date": "2025-08-01", "close": 5.09, "volume": 141781943, "typical_volume": 105736313.3, "trend": 5.035607, "fair_value": 6.840096, "relative_strength": -11.763132, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.70181, "energy": 43.87054, "activity_lines": [ 5.215333, 5.06891, 4.927375, 4.972389 ] }, { "date": "2025-08-08", "close": 5.05, "volume": 86542491, "typical_volume": 105223427.5, "trend": 5.033488, "fair_value": 6.830295, "relative_strength": -13.65638, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.281785, "energy": 23.723955, "activity_lines": [ 5.157333, 5.088273, 4.941524, 4.973318 ] }, { "date": "2025-08-15", "close": 5.05, "volume": 100886204, "typical_volume": 105681726.1, "trend": 5.028047, "fair_value": 6.820557, "relative_strength": -14.525371, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.336431, "energy": 18.068171, "activity_lines": [ 5.111333, 5.100637, 4.957732, 4.974383 ] }, { "date": "2025-08-22", "close": 5.09, "volume": 112115070, "typical_volume": 108056250.55, "trend": 5.026597, "fair_value": 6.802177, "relative_strength": -16.316908, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.198842, "energy": 4.665405, "activity_lines": [ 5.096667, 5.113455, 4.978147, 4.97838 ] }, { "date": "2025-08-29", "close": 4.87, "volume": 139762656, "typical_volume": 109510914.6, "trend": 5.018146, "fair_value": 6.774616, "relative_strength": -20.034746, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.593151, "energy": 9.028439, "activity_lines": [ 5.003333, 5.078364, 4.977579, 4.968277 ] }, { "date": "2025-09-05", "close": 5.13, "volume": 133893729, "typical_volume": 112756873.85, "trend": 5.013711, "fair_value": 6.74233, "relative_strength": -14.262882, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.574238, "energy": 6.751495, "activity_lines": [ 5.036667, 5.086, 5.000655, 4.975493 ] }, { "date": "2025-09-12", "close": 5.24, "volume": 410160901, "typical_volume": 129399702.35, "trend": 5.016928, "fair_value": 6.710123, "relative_strength": -13.257739, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.830859, "energy": 10.339651, "activity_lines": [ 5.104, 5.105818, 5.032704, 4.990093 ] }, { "date": "2025-09-19", "close": 5.0, "volume": 192704182, "typical_volume": 137451795.25, "trend": 5.016466, "fair_value": 6.672617, "relative_strength": -15.641738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.725317, "energy": 4.3075, "activity_lines": [ 5.078667, 5.081818, 5.039016, 4.989001 ] }, { "date": "2025-09-26", "close": 4.94, "volume": 166617778, "typical_volume": 142514200.65, "trend": 4.994067, "fair_value": 6.637672, "relative_strength": -16.322015, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.383939, "energy": 3.283391, "activity_lines": [ 5.036667, 5.052727, 5.037401, 4.984067 ] }, { "date": "2025-10-03", "close": 4.98, "volume": 32818762, "typical_volume": 139892627.95, "trend": 4.96968, "fair_value": 6.594774, "relative_strength": -16.281144, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.905591, "energy": 7.926035, "activity_lines": [ 5.018, 5.032182, 5.038666, 4.98316 ] }, { "date": "2025-10-10", "close": 5.02, "volume": 39330679, "typical_volume": 138385520.9, "trend": 4.946625, "fair_value": 6.56147, "relative_strength": -15.476327, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.18249, "energy": 11.239926, "activity_lines": [ 5.005333, 5.027818, 5.042953, 4.986406 ] }, { "date": "2025-10-17", "close": 4.87, "volume": 104168603, "typical_volume": 141633577.15, "trend": 4.926213, "fair_value": 6.530024, "relative_strength": -16.353053, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.742962, "energy": 9.802239, "activity_lines": [ 4.95, 4.997455, 5.0315, 4.981463 ] }, { "date": "2025-10-24", "close": 4.93, "volume": 54864219, "typical_volume": 143056727.75, "trend": 4.91943, "fair_value": 6.506858, "relative_strength": -17.073206, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.615188, "energy": 15.882875, "activity_lines": [ 4.939333, 4.981273, 5.024786, 4.981707 ] }, { "date": "2025-10-31", "close": 5.25, "volume": 204288680, "typical_volume": 150277825.8, "trend": 4.924974, "fair_value": 6.48142, "relative_strength": -11.226393, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.116366, "energy": 16.685215, "activity_lines": [ 5.04, 5.025455, 5.047333, 5.003034 ] }, { "date": "2025-11-07", "close": 6.55, "volume": 643860934, "typical_volume": 180862459.85, "trend": 4.988804, "fair_value": 6.470206, "relative_strength": 9.752218, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.921563, "energy": 76.911563, "activity_lines": [ 5.553333, 5.303091, 5.190857, 5.107874 ] }, { "date": "2025-11-14", "close": 6.56, "volume": 487163971, "typical_volume": 202880835.7, "trend": 5.046987, "fair_value": 6.461813, "relative_strength": 10.270364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.900133, "energy": 87.602869, "activity_lines": [ 5.965333, 5.552, 5.326143, 5.209242 ] }, { "date": "2025-11-21", "close": 5.77, "volume": 270250745, "typical_volume": 201121490.7, "trend": 5.084817, "fair_value": 6.443029, "relative_strength": 1.236377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.127763, "energy": 76.470711, "activity_lines": [ 6.011333, 5.631273, 5.377333, 5.255888 ] }, { "date": "2025-11-28", "close": 5.78, "volume": 184533621, "typical_volume": 197140482.95, "trend": 5.126303, "fair_value": 6.426502, "relative_strength": 0.40822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.274512, "energy": 75.881485, "activity_lines": [ 6.000667, 5.702727, 5.426905, 5.300738 ] }, { "date": "2025-12-05", "close": 5.7, "volume": 137887937, "typical_volume": 197061842.15, "trend": 5.158145, "fair_value": 6.413411, "relative_strength": -0.964456, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.264264, "energy": 47.577552, "activity_lines": [ 5.906667, 5.745455, 5.466667, 5.337751 ] }, { "date": "2025-12-12", "close": 5.81, "volume": 380321933, "typical_volume": 201197751.9, "trend": 5.191328, "fair_value": 6.401965, "relative_strength": 1.751156, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.117507, "energy": 32.691857, "activity_lines": [ 5.819333, 5.794364, 5.513619, 5.379806 ] }, { "date": "2025-12-19", "close": 5.58, "volume": 267107107, "typical_volume": 207464010.1, "trend": 5.220167, "fair_value": 6.381211, "relative_strength": -1.915283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.530564, "energy": 21.643501, "activity_lines": [ 5.704667, 5.786364, 5.537048, 5.404882 ] }, { "date": "2025-12-26", "close": 6.33, "volume": 311250179, "typical_volume": 218699394.5, "trend": 5.275667, "fair_value": 6.35856, "relative_strength": 9.331495, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.348135, "energy": 35.552434, "activity_lines": [ 5.905333, 5.904545, 5.629571, 5.476484 ] }, { "date": "2026-01-02", "close": 5.63, "volume": 182381136, "typical_volume": 222774141.1, "trend": 5.307501, "fair_value": 6.336874, "relative_strength": -2.5629, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.748983, "energy": 23.019383, "activity_lines": [ 5.835333, 5.868909, 5.649333, 5.499344 ] }, { "date": "2026-01-09", "close": 6.1, "volume": 289018648, "typical_volume": 231619320.0, "trend": 5.355667, "fair_value": 6.322587, "relative_strength": 1.866978, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.766372, "energy": 30.646717, "activity_lines": [ 5.932, 5.906, 5.711095, 5.550473 ] }, { "date": "2026-01-16", "close": 5.95, "volume": 380399529, "typical_volume": 243651163.65, "trend": 5.4, "fair_value": 6.306148, "relative_strength": 0.019046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.340778, "energy": 29.06217, "activity_lines": [ 5.952, 5.900364, 5.753762, 5.588817 ] }, { "date": "2026-01-23", "close": 6.68, "volume": 389549100, "typical_volume": 256433932.2, "trend": 5.466, "fair_value": 6.287683, "relative_strength": 11.306173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.634679, "energy": 36.529432, "activity_lines": [ 6.206, 6.038364, 5.86081, 5.671398 ] }, { "date": "2026-01-30", "close": 5.69, "volume": 534609631, "typical_volume": 262656368.7, "trend": 5.481333, "fair_value": 6.260491, "relative_strength": -4.524385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.135011, "energy": 27.130652, "activity_lines": [ 6.056667, 5.994182, 5.86619, 5.685849 ] }, { "date": "2026-02-06", "close": 6.77, "volume": 673444250, "typical_volume": 286693372.1, "trend": 5.529667, "fair_value": 6.233955, "relative_strength": 14.950551, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.567042, "energy": 39.82775, "activity_lines": [ 6.31, 6.147818, 5.972286, 5.768989 ] }, { "date": "2026-02-13", "close": 6.44, "volume": 681518782, "typical_volume": 312438422.3, "trend": 5.577333, "fair_value": 6.199351, "relative_strength": 8.846723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.632068, "energy": 39.190286, "activity_lines": [ 6.377333, 6.223455, 6.038524, 5.82772 ] }, { "date": "2026-02-27", "close": 6.67, "volume": 333832355, "typical_volume": 327489101.95, "trend": 5.617333, "fair_value": 6.168666, "relative_strength": 10.372274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.926139, "energy": 36.080814, "activity_lines": [ 6.498667, 6.327455, 6.119524, 5.898215 ] }, { "date": "2026-03-06", "close": 6.36, "volume": 319099170, "typical_volume": 341477526.5, "trend": 5.659667, "fair_value": 6.141069, "relative_strength": 6.438116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.186306, "energy": 40.992639, "activity_lines": [ 6.468667, 6.359455, 6.162952, 5.946129 ] }, { "date": "2026-03-13", "close": 6.25, "volume": 325095118, "typical_volume": 352523852.25, "trend": 5.699667, "fair_value": 6.113142, "relative_strength": 5.566048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.814271, "energy": 27.717837, "activity_lines": [ 6.423333, 6.357273, 6.189524, 5.984215 ] }, { "date": "2026-03-20", "close": 5.95, "volume": 312177823, "typical_volume": 365389532.45, "trend": 5.729667, "fair_value": 6.086426, "relative_strength": 4.244837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.95412, "energy": 16.734386, "activity_lines": [ 6.240667, 6.302, 6.180952, 6.000366 ] }, { "date": "2026-03-27", "close": 6.06, "volume": 402365695, "typical_volume": 375293383.2, "trend": 5.762, "fair_value": 6.065115, "relative_strength": 7.463418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.533819, "energy": 14.806281, "activity_lines": [ 6.149333, 6.260909, 6.178, 6.021677 ] }, { "date": "2026-04-03", "close": 5.2, "volume": 228308626, "typical_volume": 354515767.8, "trend": 5.773, "fair_value": 6.04155, "relative_strength": -6.749512, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.0784, "energy": 13.364466, "activity_lines": [ 5.796667, 6.064182, 6.089286, 5.985419 ] }, { "date": "2026-04-10", "close": 5.26, "volume": 139415835, "typical_volume": 337128361.0, "trend": 5.777333, "fair_value": 6.017679, "relative_strength": -7.936524, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.409021, "energy": 29.124474, "activity_lines": [ 5.562, 5.892, 6.012714, 5.952323 ] }, { "date": "2026-04-17", "close": 5.42, "volume": 199360148, "typical_volume": 333583831.15, "trend": 5.783333, "fair_value": 5.997028, "relative_strength": -6.545444, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.04553, "energy": 38.21418, "activity_lines": [ 5.454, 5.774727, 5.957571, 5.929269 ] }, { "date": "2026-04-24", "close": 5.46, "volume": 240037387, "typical_volume": 336359019.45, "trend": 5.798667, "fair_value": 5.97914, "relative_strength": -6.347942, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.420961, "energy": 44.849225, "activity_lines": [ 5.414667, 5.669636, 5.907905, 5.908409 ] }, { "date": "2026-05-01", "close": 5.86, "volume": 237430158, "typical_volume": 341336130.5, "trend": 5.829333, "fair_value": 5.963815, "relative_strength": -0.300132, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.354451, "energy": 29.23079, "activity_lines": [ 5.541333, 5.661091, 5.897857, 5.912366 ] }, { "date": "2026-05-08", "close": 5.77, "volume": 172042875, "typical_volume": 330922177.6, "trend": 5.855667, "fair_value": 5.948917, "relative_strength": -3.419953, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.233166, "energy": 11.756519, "activity_lines": [ 5.651333, 5.646727, 5.878476, 5.908538 ] }, { "date": "2026-05-15", "close": 5.55, "volume": 297882060, "typical_volume": 332460925.25, "trend": 5.873333, "fair_value": 5.932608, "relative_strength": -6.003078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.943768, "energy": 10.81021, "activity_lines": [ 5.65, 5.608727, 5.838333, 5.888817 ] }, { "date": "2026-05-22", "close": 5.46, "volume": 251113456, "typical_volume": 329454089.1, "trend": 5.893, "fair_value": 5.918229, "relative_strength": -6.893545, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.179689, "energy": 21.627406, "activity_lines": [ 5.599333, 5.569091, 5.789762, 5.862151 ] }, { "date": "2026-05-29", "close": 5.19, "volume": 285521342, "typical_volume": 334611099.4, "trend": 5.901667, "fair_value": 5.902056, "relative_strength": -10.373287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.644616, "energy": 42.536821, "activity_lines": [ 5.456, 5.494727, 5.719619, 5.816796 ] }, { "date": "2026-06-05", "close": 5.24, "volume": 81784737, "typical_volume": 324249403.85, "trend": 5.901333, "fair_value": 5.884826, "relative_strength": -8.477931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.975184, "energy": 54.118019, "activity_lines": [ 5.347333, 5.443273, 5.656333, 5.774108 ] }, { "date": "2026-06-12", "close": 4.57, "volume": 39798615, "typical_volume": 307219358.15, "trend": 5.835333, "fair_value": 5.862674, "relative_strength": -19.987192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.810742, "energy": 72.306055, "activity_lines": [ 5.056667, 5.284909, 5.533333, 5.688215 ] }, { "date": "2026-06-19", "close": 4.69, "volume": 197438847, "typical_volume": 297613845.5, "trend": 5.773, "fair_value": 5.842544, "relative_strength": -18.8144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.690422, "energy": 73.913662, "activity_lines": [ 4.886, 5.159818, 5.428333, 5.614323 ] }, { "date": "2026-06-26", "close": 4.31, "volume": 42365157, "typical_volume": 273001621.8, "trend": 5.724333, "fair_value": 5.825069, "relative_strength": -23.905355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.913154, "energy": 81.549177, "activity_lines": [ 4.646, 4.976, 5.296619, 5.519935 ] }, { "date": "2026-07-03", "close": 4.32, "volume": 16267307, "typical_volume": 240142774.65, "trend": 5.675667, "fair_value": 5.803822, "relative_strength": -23.72041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.932804, "energy": 85.693073, "activity_lines": [ 4.486, 4.814182, 5.172429, 5.429333 ] }, { "date": "2026-07-10", "close": 4.29, "volume": 73499895, "typical_volume": 209741830.3, "trend": 5.628667, "fair_value": 5.784772, "relative_strength": -22.89201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.846573, "energy": 83.345603, "activity_lines": [ 4.374, 4.667636, 5.057048, 5.339935 ] }, { "date": "2026-07-17", "close": 3.93, "volume": 73844220, "typical_volume": 196742423.55, "trend": 5.566, "fair_value": 5.761402, "relative_strength": -24.517176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.54173, "energy": 86.850301, "activity_lines": [ 4.205333, 4.484182, 4.917619, 5.230344 ] }, { "date": "2026-07-24", "close": 3.94, "volume": 79574187, "typical_volume": 184766174.4, "trend": 5.511333, "fair_value": 5.737466, "relative_strength": -24.916612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.802089, "energy": 83.098359, "activity_lines": [ 4.082667, 4.336, 4.79219, 5.125441 ] }, { "date": "2026-07-31", "close": 4.25, "volume": 76520744, "typical_volume": 172337455.7, "trend": 5.442, "fair_value": 5.71577, "relative_strength": -18.922606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.919984, "energy": 64.901499, "activity_lines": [ 4.113333, 4.273455, 4.70781, 5.044065 ] }, { "date": "2026-08-07", "close": 4.18, "volume": 68527458, "typical_volume": 160154937.45, "trend": 5.393667, "fair_value": 5.694946, "relative_strength": -22.034896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.690288, "energy": 57.589555, "activity_lines": [ 4.124667, 4.220182, 4.626286, 4.962645 ] } ], "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." } } }