{ "ticker": { "uuid": "5ffe438d-8505-48fb-a877-0c98fc35828a", "symbol": "000698", "name": "Shenyang Chemical 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": -41.037, "architecture_energy": 29.163, "architecture_maturity": 76.707, "architecture_confidence": 82.223, "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": 32.51, "rotation_up": 27.14, "upward_expansion": 16.66, "deceleration": 46.89, "rotation_down": 29.01, "downward_expansion": 61.99 }, "activity_lines": [ 3.276, 3.228, 3.35481, 3.492022 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 3.42, "trend_reference": 3.653, "distance_from_trend": -0.063783, "trend_direction": "Weakening", "fair_value": 3.658013, "distance_from_fair_value": -0.065066, "fair_value_direction": "Weakening", "relative_strength": -12.422171, "relative_strength_direction": "Improving", "price_momentum": -0.177885, "excess_performance": -0.185284, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.063783, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.046463, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.065066, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.10015, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.124222, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.078489, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.177885, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.542107, "read": "Supply-led" } ], "volume": { "latest": 16251871, "relative_activity": 0.729814, "balance": 0.542107, "dry_up": 0.776418, "accumulation_observations": 0, "distribution_observations": 5 }, "risk": { "range_context": 0.068376, "annualized_volatility": 0.337646, "from_high_reference": -0.24, "from_low_reference": 0.171233 }, "levels": { "trend_reference": 3.653, "fair_value_reference": 3.658013, "structural_low": 2.92, "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": 29, "median_return": -0.003279, "positive_rate": 0.482759, "directional_follow_through": 0.517241, "median_excess_return": 0.005977, "regime_survival": 0.793103, "best_return": 0.27451, "worst_return": -0.169761, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.02451, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.031385, "regime_survival": 0.454545, "best_return": 0.494163, "worst_return": -0.237383, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.064302, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.059956, "regime_survival": 0.571429, "best_return": 0.266409, "worst_return": -0.272727, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.076056, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.033077, "regime_survival": 0.333333, "best_return": -0.050998, "worst_return": -0.196078, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-10-25", "tenure": "Established", "return": 0.028754, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-12-06", "tenure": "Developing", "return": 0.168168, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-03", "tenure": "New", "return": -0.177083, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": 0.092652, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.20712, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.043243, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-26", "tenure": "Established", "return": 0.015464, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.12782, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": 0.06366, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.01355, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-30", "tenure": "Developing", "return": 0.149171, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.005181, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-05-29", "tenure": "Developing", "return": -0.125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.008696, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.3, "volume": 31867044, "typical_volume": 29944094.25, "trend": 4.571, "fair_value": 5.453131, "relative_strength": -2.642772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.895051, "energy": 23.392393, "activity_lines": [ 4.218667, 4.153273, 4.187524, 4.32671 ] }, { "date": "2023-08-04", "close": 4.29, "volume": 44683582, "typical_volume": 29011326.05, "trend": 4.529333, "fair_value": 5.437596, "relative_strength": -4.231244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.687285, "energy": 21.157796, "activity_lines": [ 4.251333, 4.183455, 4.189238, 4.308581 ] }, { "date": "2023-08-11", "close": 4.19, "volume": 34621358, "typical_volume": 29031617.4, "trend": 4.471, "fair_value": 5.413825, "relative_strength": -2.92716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.201634, "energy": 14.964457, "activity_lines": [ 4.238667, 4.192545, 4.183571, 4.286688 ] }, { "date": "2023-08-18", "close": 4.23, "volume": 26989368, "typical_volume": 27616781.65, "trend": 4.441667, "fair_value": 5.377779, "relative_strength": 0.972477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.679856, "energy": 13.636888, "activity_lines": [ 4.238, 4.208545, 4.184, 4.27114 ] }, { "date": "2023-08-25", "close": 4.03, "volume": 26033229, "typical_volume": 27508142.5, "trend": 4.413, "fair_value": 5.347919, "relative_strength": -0.88221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.957776, "energy": 25.504367, "activity_lines": [ 4.168, 4.183455, 4.166667, 4.244581 ] }, { "date": "2023-09-01", "close": 4.19, "volume": 34284881, "typical_volume": 27332304.2, "trend": 4.381, "fair_value": 5.326426, "relative_strength": -0.279028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.831228, "energy": 21.906509, "activity_lines": [ 4.162, 4.188364, 4.16681, 4.230194 ] }, { "date": "2023-09-08", "close": 4.21, "volume": 25587612, "typical_volume": 27007320.85, "trend": 4.352667, "fair_value": 5.309112, "relative_strength": 1.828494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.566141, "energy": 19.791726, "activity_lines": [ 4.17, 4.192182, 4.170238, 4.219161 ] }, { "date": "2023-09-15", "close": 4.25, "volume": 20261733, "typical_volume": 25815237.15, "trend": 4.327, "fair_value": 5.295092, "relative_strength": 3.999031, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.787712, "energy": 14.915519, "activity_lines": [ 4.196667, 4.201455, 4.177381, 4.212538 ] }, { "date": "2023-09-22", "close": 4.2, "volume": 32349712, "typical_volume": 26610992.75, "trend": 4.298333, "fair_value": 5.283156, "relative_strength": 2.335654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.550936, "energy": 8.047499, "activity_lines": [ 4.202667, 4.200182, 4.17981, 4.204344 ] }, { "date": "2023-09-29", "close": 4.11, "volume": 18676478, "typical_volume": 26290794.85, "trend": 4.265333, "fair_value": 5.274125, "relative_strength": 0.756495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.80276, "energy": 14.945206, "activity_lines": [ 4.180667, 4.182364, 4.174381, 4.192194 ] }, { "date": "2023-10-13", "close": 3.99, "volume": 27086956, "typical_volume": 26575960.85, "trend": 4.237667, "fair_value": 5.263248, "relative_strength": -1.764037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.979035, "energy": 34.551656, "activity_lines": [ 4.113333, 4.144182, 4.158381, 4.17443 ] }, { "date": "2023-10-20", "close": 3.9, "volume": 32046686, "typical_volume": 27244400.45, "trend": 4.209667, "fair_value": 5.249643, "relative_strength": 0.871962, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.284519, "energy": 59.343767, "activity_lines": [ 4.029333, 4.095273, 4.134905, 4.152645 ] }, { "date": "2023-10-27", "close": 4.06, "volume": 35019311, "typical_volume": 27777580.4, "trend": 4.189333, "fair_value": 5.242316, "relative_strength": 2.670536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.690682, "energy": 54.249934, "activity_lines": [ 4.019333, 4.082545, 4.127762, 4.142989 ] }, { "date": "2023-11-03", "close": 4.23, "volume": 32367009, "typical_volume": 28124333.35, "trend": 4.180333, "fair_value": 5.232787, "relative_strength": 5.802232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.805458, "energy": 35.066549, "activity_lines": [ 4.078667, 4.103091, 4.137333, 4.145613 ] }, { "date": "2023-11-10", "close": 4.23, "volume": 23243237, "typical_volume": 28166551.15, "trend": 4.171333, "fair_value": 5.219145, "relative_strength": 4.25281, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.610522, "energy": 9.86264, "activity_lines": [ 4.136, 4.123636, 4.145667, 4.148817 ] }, { "date": "2023-11-17", "close": 4.26, "volume": 21624367, "typical_volume": 28464463.05, "trend": 4.164, "fair_value": 5.206392, "relative_strength": 4.6679, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.014083, "energy": 17.661198, "activity_lines": [ 4.195333, 4.146, 4.156143, 4.154538 ] }, { "date": "2023-11-24", "close": 4.28, "volume": 21030140, "typical_volume": 27789792.15, "trend": 4.167, "fair_value": 5.199653, "relative_strength": 6.506074, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.491071, "energy": 28.995458, "activity_lines": [ 4.243333, 4.170727, 4.166952, 4.162022 ] }, { "date": "2023-12-01", "close": 4.25, "volume": 23140183, "typical_volume": 27714426.35, "trend": 4.166667, "fair_value": 5.19367, "relative_strength": 6.838498, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.495927, "energy": 46.30803, "activity_lines": [ 4.256, 4.188727, 4.174095, 4.167376 ] }, { "date": "2023-12-08", "close": 4.1, "volume": 27911602, "typical_volume": 28116956.95, "trend": 4.158333, "fair_value": 5.188688, "relative_strength": 4.793523, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.358254, "energy": 28.873001, "activity_lines": [ 4.206, 4.179455, 4.166571, 4.163075 ] }, { "date": "2023-12-15", "close": 4.32, "volume": 35113315, "typical_volume": 28696890.15, "trend": 4.159333, "fair_value": 5.183724, "relative_strength": 12.116402, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.198742, "energy": 35.063566, "activity_lines": [ 4.238, 4.212, 4.180429, 4.173505 ] }, { "date": "2023-12-22", "close": 4.14, "volume": 47175836, "typical_volume": 29462329.75, "trend": 4.156667, "fair_value": 5.177289, "relative_strength": 9.247569, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.546093, "energy": 12.013586, "activity_lines": [ 4.204, 4.208, 4.176524, 4.172258 ] }, { "date": "2023-12-29", "close": 4.22, "volume": 26233934, "typical_volume": 28539847.35, "trend": 4.159667, "fair_value": 5.172001, "relative_strength": 7.849897, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.652641, "energy": 13.232776, "activity_lines": [ 4.204667, 4.215818, 4.181, 4.176344 ] }, { "date": "2024-01-05", "close": 5.01, "volume": 362966112, "typical_volume": 44957085.05, "trend": 4.187667, "fair_value": 5.173865, "relative_strength": 33.737592, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.730379, "energy": 67.130221, "activity_lines": [ 4.472667, 4.361455, 4.261048, 4.231204 ] }, { "date": "2024-01-12", "close": 4.8, "volume": 416141220, "typical_volume": 64414677.65, "trend": 4.215333, "fair_value": 5.174699, "relative_strength": 29.657554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.780882, "energy": 67.07107, "activity_lines": [ 4.62, 4.451636, 4.31719, 4.27071 ] }, { "date": "2024-01-19", "close": 4.04, "volume": 214752615, "typical_volume": 73850646.95, "trend": 4.214, "fair_value": 5.171484, "relative_strength": 12.055717, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.02439, "energy": 42.816574, "activity_lines": [ 4.467333, 4.393273, 4.298238, 4.259398 ] }, { "date": "2024-01-26", "close": 4.12, "volume": 124903680, "typical_volume": 78381586.9, "trend": 4.220333, "fair_value": 5.168086, "relative_strength": 14.436985, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.061745, "energy": 26.183331, "activity_lines": [ 4.36, 4.352909, 4.286857, 4.253333 ] }, { "date": "2024-02-02", "close": 3.35, "volume": 83746100, "typical_volume": 81289511.3, "trend": 4.195, "fair_value": 5.160321, "relative_strength": 1.174304, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.532072, "energy": 27.705123, "activity_lines": [ 3.997333, 4.175091, 4.202476, 4.197183 ] }, { "date": "2024-02-09", "close": 3.0, "volume": 111752712, "typical_volume": 85864060.25, "trend": 4.156, "fair_value": 5.150123, "relative_strength": -16.913686, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.888012, "energy": 62.228275, "activity_lines": [ 3.576, 3.950545, 4.088857, 4.120086 ] }, { "date": "2024-02-23", "close": 3.55, "volume": 89110462, "typical_volume": 88702097.75, "trend": 4.134667, "fair_value": 5.139717, "relative_strength": -4.238865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.346434, "energy": 69.229137, "activity_lines": [ 3.472, 3.848727, 4.033571, 4.080989 ] }, { "date": "2024-03-01", "close": 3.44, "volume": 86527759, "typical_volume": 92094661.8, "trend": 4.109667, "fair_value": 5.120884, "relative_strength": -10.530392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.890031, "energy": 71.229634, "activity_lines": [ 3.414667, 3.736909, 3.970905, 4.036172 ] }, { "date": "2024-03-08", "close": 3.38, "volume": 52391999, "typical_volume": 93359913.95, "trend": 4.079, "fair_value": 5.103629, "relative_strength": -11.187332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.577713, "energy": 66.495241, "activity_lines": [ 3.377333, 3.630182, 3.905714, 3.989097 ] }, { "date": "2024-03-15", "close": 3.62, "volume": 49597219, "typical_volume": 94237440.6, "trend": 4.056667, "fair_value": 5.087912, "relative_strength": -7.056131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.940875, "energy": 37.559784, "activity_lines": [ 3.469333, 3.580909, 3.866286, 3.959484 ] }, { "date": "2024-03-22", "close": 3.67, "volume": 55014768, "typical_volume": 95237213.45, "trend": 4.039333, "fair_value": 5.067326, "relative_strength": -5.138373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.955157, "energy": 27.889332, "activity_lines": [ 3.56, 3.551636, 3.832952, 3.934538 ] }, { "date": "2024-03-29", "close": 3.68, "volume": 41136472, "typical_volume": 95675686.6, "trend": 4.021, "fair_value": 5.044336, "relative_strength": -3.080454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.041399, "energy": 22.851118, "activity_lines": [ 3.609333, 3.548545, 3.802429, 3.911355 ] }, { "date": "2024-04-05", "close": 3.84, "volume": 39903198, "typical_volume": 96508684.65, "trend": 4.014667, "fair_value": 5.023448, "relative_strength": -0.395819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.554163, "energy": 17.582369, "activity_lines": [ 3.703333, 3.594909, 3.789762, 3.899677 ] }, { "date": "2024-04-12", "close": 3.85, "volume": 57299930, "typical_volume": 98292462.8, "trend": 4.003333, "fair_value": 4.995282, "relative_strength": 3.124775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.04186, "energy": 18.729871, "activity_lines": [ 3.774, 3.646727, 3.779905, 3.889054 ] }, { "date": "2024-04-19", "close": 3.4, "volume": 96199089, "typical_volume": 102050910.25, "trend": 3.976333, "fair_value": 4.968155, "relative_strength": -9.390158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.629525, "energy": 20.7709, "activity_lines": [ 3.663333, 3.621636, 3.729143, 3.850129 ] }, { "date": "2024-04-26", "close": 3.32, "volume": 57864887, "typical_volume": 103787145.45, "trend": 3.945333, "fair_value": 4.949819, "relative_strength": -13.127376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.012719, "energy": 32.258466, "activity_lines": [ 3.540667, 3.581091, 3.674952, 3.807785 ] }, { "date": "2024-05-03", "close": 3.62, "volume": 59408348, "typical_volume": 105361982.75, "trend": 3.926, "fair_value": 4.930305, "relative_strength": -6.546692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.985902, "energy": 32.995452, "activity_lines": [ 3.541333, 3.589273, 3.653762, 3.786796 ] }, { "date": "2024-05-10", "close": 3.73, "volume": 116528278, "typical_volume": 109432730.9, "trend": 3.913333, "fair_value": 4.904978, "relative_strength": -5.167341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.645908, "energy": 31.887346, "activity_lines": [ 3.582667, 3.616182, 3.645333, 3.774151 ] }, { "date": "2024-05-17", "close": 3.77, "volume": 48038189, "typical_volume": 109475848.55, "trend": 3.906, "fair_value": 4.88845, "relative_strength": -3.931422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.017157, "energy": 18.651415, "activity_lines": [ 3.644667, 3.645091, 3.643524, 3.764903 ] }, { "date": "2024-05-24", "close": 3.65, "volume": 54328270, "typical_volume": 110880565.35, "trend": 3.897667, "fair_value": 4.868875, "relative_strength": -4.16677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.082996, "energy": 12.599177, "activity_lines": [ 3.672, 3.645091, 3.632048, 3.748387 ] }, { "date": "2024-05-31", "close": 3.49, "volume": 40784826, "typical_volume": 94771501.05, "trend": 3.878667, "fair_value": 4.847958, "relative_strength": -7.74442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.208706, "energy": 14.413959, "activity_lines": [ 3.629333, 3.615455, 3.608048, 3.722086 ] }, { "date": "2024-06-07", "close": 3.29, "volume": 53020441, "typical_volume": 76615462.1, "trend": 3.847333, "fair_value": 4.823165, "relative_strength": -11.913006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.256701, "energy": 33.938001, "activity_lines": [ 3.508667, 3.552727, 3.572238, 3.684108 ] }, { "date": "2024-06-14", "close": 3.13, "volume": 38157604, "typical_volume": 67785711.55, "trend": 3.810667, "fair_value": 4.797408, "relative_strength": -16.002238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.081871, "energy": 63.538617, "activity_lines": [ 3.356667, 3.468, 3.528381, 3.637828 ] }, { "date": "2024-06-21", "close": 3.13, "volume": 37303852, "typical_volume": 63405720.15, "trend": 3.773, "fair_value": 4.774627, "relative_strength": -14.173389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.658226, "energy": 70.460673, "activity_lines": [ 3.244667, 3.396182, 3.488857, 3.593914 ] }, { "date": "2024-06-28", "close": 3.04, "volume": 34132001, "typical_volume": 60925015.2, "trend": 3.731667, "fair_value": 4.750192, "relative_strength": -14.534437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.702396, "energy": 76.007995, "activity_lines": [ 3.145333, 3.321091, 3.445476, 3.546624 ] }, { "date": "2024-07-05", "close": 3.12, "volume": 30233734, "typical_volume": 56849066.3, "trend": 3.694, "fair_value": 4.725385, "relative_strength": -10.755094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.19136, "energy": 70.822404, "activity_lines": [ 3.113333, 3.267091, 3.41119, 3.507161 ] }, { "date": "2024-07-12", "close": 3.05, "volume": 36528765, "typical_volume": 54219981.45, "trend": 3.659, "fair_value": 4.700385, "relative_strength": -14.203462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.26536, "energy": 64.82689, "activity_lines": [ 3.082667, 3.204, 3.369667, 3.465613 ] }, { "date": "2024-07-19", "close": 2.94, "volume": 23718871, "typical_volume": 51079537.05, "trend": 3.613, "fair_value": 4.67641, "relative_strength": -17.54598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.158073, "energy": 69.51743, "activity_lines": [ 3.031333, 3.131273, 3.320048, 3.419226 ] }, { "date": "2024-07-26", "close": 2.97, "volume": 26075252, "typical_volume": 49763699.7, "trend": 3.574, "fair_value": 4.652179, "relative_strength": -13.603685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.584355, "energy": 59.765981, "activity_lines": [ 3.002667, 3.078364, 3.275667, 3.377742 ] }, { "date": "2024-08-02", "close": 3.08, "volume": 25878669, "typical_volume": 48577772.2, "trend": 3.536, "fair_value": 4.630962, "relative_strength": -9.827594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.69571, "energy": 54.230816, "activity_lines": [ 3.021333, 3.06, 3.243714, 3.345871 ] }, { "date": "2024-08-09", "close": 3.04, "volume": 21203770, "typical_volume": 46887222.3, "trend": 3.470333, "fair_value": 4.611731, "relative_strength": -9.193536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.033888, "energy": 53.322771, "activity_lines": [ 3.024, 3.044727, 3.210524, 3.313871 ] }, { "date": "2024-08-16", "close": 2.71, "volume": 75094892, "typical_volume": 48585143.3, "trend": 3.400667, "fair_value": 4.589808, "relative_strength": -18.40092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.646888, "energy": 58.464191, "activity_lines": [ 2.922, 2.977636, 3.148905, 3.264817 ] }, { "date": "2024-08-23", "close": 2.59, "volume": 26699214, "typical_volume": 47924944.1, "trend": 3.352333, "fair_value": 4.566795, "relative_strength": -20.138841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.608581, "energy": 79.787115, "activity_lines": [ 2.802667, 2.899273, 3.080476, 3.212516 ] }, { "date": "2024-08-30", "close": 2.66, "volume": 34115038, "typical_volume": 46765699.5, "trend": 3.303667, "fair_value": 4.546474, "relative_strength": -19.280658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.954071, "energy": 83.651346, "activity_lines": [ 2.73, 2.843455, 3.024667, 3.167849 ] }, { "date": "2024-09-06", "close": 2.55, "volume": 26177073, "typical_volume": 43264598.7, "trend": 3.277, "fair_value": 4.523654, "relative_strength": -20.219486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.514561, "energy": 90.41243, "activity_lines": [ 2.641333, 2.776182, 2.964048, 3.119226 ] }, { "date": "2024-09-13", "close": 2.57, "volume": 28536810, "typical_volume": 41798194.85, "trend": 3.262667, "fair_value": 4.496282, "relative_strength": -17.795272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.989451, "energy": 88.007179, "activity_lines": [ 2.594667, 2.721455, 2.909381, 3.073613 ] }, { "date": "2024-09-20", "close": 2.68, "volume": 31379508, "typical_volume": 40396752.85, "trend": 3.233667, "fair_value": 4.471603, "relative_strength": -14.924974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.602085, "energy": 79.413543, "activity_lines": [ 2.616, 2.696727, 2.868762, 3.036022 ] }, { "date": "2024-09-27", "close": 3.0, "volume": 50730118, "typical_volume": 37106844.85, "trend": 3.219, "fair_value": 4.446474, "relative_strength": -18.761693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.836629, "energy": 43.744234, "activity_lines": [ 2.746, 2.736909, 2.863095, 3.020946 ] }, { "date": "2024-10-04", "close": 3.25, "volume": 28629309, "typical_volume": 36136400.85, "trend": 3.214667, "fair_value": 4.423397, "relative_strength": -20.062573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.858951, "energy": 18.519663, "activity_lines": [ 2.932, 2.821455, 2.884714, 3.022946 ] }, { "date": "2024-10-11", "close": 3.03, "volume": 83814353, "typical_volume": 37610705.0, "trend": 3.195, "fair_value": 4.394551, "relative_strength": -21.58786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.828136, "energy": 26.068351, "activity_lines": [ 3.005333, 2.860909, 2.887857, 3.011032 ] }, { "date": "2024-10-18", "close": 2.99, "volume": 49699731, "typical_volume": 38056450.25, "trend": 3.172333, "fair_value": 4.362051, "relative_strength": -24.434111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.253455, "energy": 24.417334, "activity_lines": [ 3.033333, 2.894, 2.890143, 2.997806 ] }, { "date": "2024-10-25", "close": 3.22, "volume": 56080881, "typical_volume": 38209472.25, "trend": 3.157, "fair_value": 4.336603, "relative_strength": -20.211391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.374092, "energy": 27.318613, "activity_lines": [ 3.11, 2.969818, 2.916714, 3.000882 ] }, { "date": "2024-11-01", "close": 3.33, "volume": 100878126, "typical_volume": 41345498.35, "trend": 3.14, "fair_value": 4.316859, "relative_strength": -15.775088, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.73705, "energy": 34.470974, "activity_lines": [ 3.187333, 3.056364, 2.954095, 3.012043 ] }, { "date": "2024-11-08", "close": 3.58, "volume": 78900027, "typical_volume": 43425307.1, "trend": 3.131, "fair_value": 4.297756, "relative_strength": -14.710115, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.536269, "energy": 58.057974, "activity_lines": [ 3.326, 3.174909, 3.014333, 3.04043 ] }, { "date": "2024-11-15", "close": 3.39, "volume": 59817428, "typical_volume": 44709578.45, "trend": 3.130667, "fair_value": 4.281282, "relative_strength": -15.667541, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.851944, "energy": 57.63288, "activity_lines": [ 3.379333, 3.242182, 3.054333, 3.05714 ] }, { "date": "2024-11-22", "close": 3.68, "volume": 161871392, "typical_volume": 51291461.35, "trend": 3.142667, "fair_value": 4.266282, "relative_strength": -5.370676, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.166234, "energy": 65.356059, "activity_lines": [ 3.505333, 3.346909, 3.120286, 3.092581 ] }, { "date": "2024-11-29", "close": 3.69, "volume": 197987749, "typical_volume": 59364410.55, "trend": 3.145, "fair_value": 4.253974, "relative_strength": -6.238138, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.790847, "energy": 62.524573, "activity_lines": [ 3.588667, 3.433273, 3.184524, 3.127892 ] }, { "date": "2024-12-06", "close": 3.89, "volume": 92415338, "typical_volume": 62799233.9, "trend": 3.150333, "fair_value": 4.244423, "relative_strength": -2.413093, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.217157, "energy": 75.365625, "activity_lines": [ 3.707333, 3.537636, 3.264762, 3.175957 ] }, { "date": "2024-12-13", "close": 3.84, "volume": 76822564, "typical_volume": 65336599.5, "trend": 3.152667, "fair_value": 4.233013, "relative_strength": -2.605123, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.932697, "energy": 71.634033, "activity_lines": [ 3.772, 3.616727, 3.335714, 3.220452 ] }, { "date": "2024-12-20", "close": 3.9, "volume": 227257642, "typical_volume": 75405548.15, "trend": 3.161, "fair_value": 4.220385, "relative_strength": 0.025254, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.032799, "energy": 61.658278, "activity_lines": [ 3.839333, 3.696, 3.408238, 3.268667 ] }, { "date": "2024-12-27", "close": 3.47, "volume": 118996750, "typical_volume": 80295197.15, "trend": 3.160333, "fair_value": 4.205641, "relative_strength": -10.534782, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.523435, "energy": 44.641751, "activity_lines": [ 3.729333, 3.681273, 3.435905, 3.288602 ] }, { "date": "2025-01-03", "close": 3.16, "volume": 62354316, "typical_volume": 79658168.35, "trend": 3.156, "fair_value": 4.188462, "relative_strength": -11.669667, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.014945, "energy": 21.533452, "activity_lines": [ 3.53, 3.601455, 3.432, 3.288581 ] }, { "date": "2025-01-10", "close": 3.13, "volume": 53578484, "typical_volume": 81002131.85, "trend": 3.156, "fair_value": 4.171218, "relative_strength": -10.509343, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.095879, "energy": 19.054041, "activity_lines": [ 3.356, 3.517273, 3.423095, 3.286903 ] }, { "date": "2025-01-17", "close": 3.31, "volume": 44357924, "typical_volume": 81514276.15, "trend": 3.162, "fair_value": 4.155256, "relative_strength": -7.733134, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.757367, "energy": 24.251392, "activity_lines": [ 3.292667, 3.469455, 3.428762, 3.296839 ] }, { "date": "2025-01-24", "close": 3.14, "volume": 52625043, "typical_volume": 82836674.65, "trend": 3.165333, "fair_value": 4.13859, "relative_strength": -12.855074, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.987997, "energy": 19.370306, "activity_lines": [ 3.208, 3.395636, 3.415143, 3.295419 ] }, { "date": "2025-01-31", "close": 3.23, "volume": 13012977, "typical_volume": 82060483.0, "trend": 3.169, "fair_value": 4.121667, "relative_strength": -8.385283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.926169, "energy": 17.580826, "activity_lines": [ 3.204, 3.342727, 3.407286, 3.299591 ] }, { "date": "2025-02-07", "close": 3.34, "volume": 27194523, "typical_volume": 81851233.75, "trend": 3.178667, "fair_value": 4.105, "relative_strength": -8.519823, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.37217, "energy": 12.595652, "activity_lines": [ 3.252667, 3.318, 3.406762, 3.310624 ] }, { "date": "2025-02-14", "close": 3.31, "volume": 42819933, "typical_volume": 81455724.5, "trend": 3.191, "fair_value": 4.088718, "relative_strength": -10.644192, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.57208, "energy": 10.669831, "activity_lines": [ 3.279333, 3.294182, 3.400238, 3.319097 ] }, { "date": "2025-02-21", "close": 3.28, "volume": 49650870, "typical_volume": 82506802.55, "trend": 3.201333, "fair_value": 4.074038, "relative_strength": -12.951057, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.727815, "energy": 11.573542, "activity_lines": [ 3.284, 3.275455, 3.389381, 3.324839 ] }, { "date": "2025-02-28", "close": 3.25, "volume": 45678084, "typical_volume": 80599989.1, "trend": 3.207, "fair_value": 4.060577, "relative_strength": -10.364072, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.153251, "energy": 10.226659, "activity_lines": [ 3.280667, 3.261455, 3.375524, 3.327978 ] }, { "date": "2025-03-07", "close": 3.21, "volume": 48219583, "typical_volume": 80525981.7, "trend": 3.212667, "fair_value": 4.046282, "relative_strength": -13.048618, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.733788, "energy": 10.867261, "activity_lines": [ 3.256667, 3.252, 3.35681, 3.328172 ] }, { "date": "2025-03-14", "close": 3.36, "volume": 55638559, "typical_volume": 80503865.6, "trend": 3.234333, "fair_value": 4.033269, "relative_strength": -9.741539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.545941, "energy": 11.370495, "activity_lines": [ 3.284, 3.274545, 3.351333, 3.337677 ] }, { "date": "2025-03-21", "close": 3.44, "volume": 71802239, "typical_volume": 79050071.25, "trend": 3.262667, "fair_value": 4.021218, "relative_strength": -4.744779, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.701445, "energy": 16.268392, "activity_lines": [ 3.336667, 3.308, 3.35281, 3.350946 ] }, { "date": "2025-03-28", "close": 3.5, "volume": 184407584, "typical_volume": 84325449.1, "trend": 3.290667, "fair_value": 4.00891, "relative_strength": -2.007455, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.670286, "energy": 21.081207, "activity_lines": [ 3.400667, 3.346727, 3.359476, 3.366258 ] }, { "date": "2025-04-04", "close": 3.42, "volume": 74664458, "typical_volume": 85067800.6, "trend": 3.319667, "fair_value": 3.997692, "relative_strength": -1.608791, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.782644, "energy": 25.761994, "activity_lines": [ 3.423333, 3.367455, 3.358905, 3.374602 ] }, { "date": "2025-04-11", "close": 3.09, "volume": 80297867, "typical_volume": 80989124.35, "trend": 3.337, "fair_value": 3.985513, "relative_strength": -5.743394, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.890589, "energy": 10.164911, "activity_lines": [ 3.324667, 3.323091, 3.326762, 3.359785 ] }, { "date": "2025-04-18", "close": 3.22, "volume": 53594854, "typical_volume": 73769479.6, "trend": 3.355, "fair_value": 3.974487, "relative_strength": -1.035358, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.880979, "energy": 26.69745, "activity_lines": [ 3.277333, 3.304909, 3.30981, 3.352237 ] }, { "date": "2025-04-25", "close": 3.43, "volume": 123873218, "typical_volume": 75342373.6, "trend": 3.369333, "fair_value": 3.965064, "relative_strength": 4.009142, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.410981, "energy": 14.374646, "activity_lines": [ 3.309333, 3.327091, 3.315095, 3.357075 ] }, { "date": "2025-05-02", "close": 3.61, "volume": 97592957, "typical_volume": 76380893.25, "trend": 3.381333, "fair_value": 3.955962, "relative_strength": 9.740072, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.780023, "energy": 9.794363, "activity_lines": [ 3.402, 3.379818, 3.339714, 3.372602 ] }, { "date": "2025-05-09", "close": 3.66, "volume": 159401766, "typical_volume": 72988099.45, "trend": 3.402333, "fair_value": 3.95, "relative_strength": 8.903876, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.692742, "energy": 33.810945, "activity_lines": [ 3.504, 3.435636, 3.37019, 3.390581 ] }, { "date": "2025-05-16", "close": 3.73, "volume": 100029088, "typical_volume": 72039716.35, "trend": 3.427, "fair_value": 3.945321, "relative_strength": 10.55146, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.793712, "energy": 45.756288, "activity_lines": [ 3.613333, 3.496727, 3.408476, 3.41172 ] }, { "date": "2025-05-23", "close": 3.7, "volume": 73744128, "typical_volume": 72609206.95, "trend": 3.443, "fair_value": 3.943077, "relative_strength": 10.314616, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.213414, "energy": 54.343275, "activity_lines": [ 3.67, 3.542909, 3.442667, 3.429333 ] }, { "date": "2025-05-30", "close": 3.67, "volume": 59080531, "typical_volume": 72884309.3, "trend": 3.454333, "fair_value": 3.940449, "relative_strength": 10.46641, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.310532, "energy": 51.640319, "activity_lines": [ 3.684667, 3.577455, 3.471429, 3.443978 ] }, { "date": "2025-06-06", "close": 3.86, "volume": 70510933, "typical_volume": 74191959.75, "trend": 3.463667, "fair_value": 3.938269, "relative_strength": 14.396324, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.577891, "energy": 62.124117, "activity_lines": [ 3.746667, 3.642364, 3.515714, 3.470151 ] }, { "date": "2025-06-13", "close": 3.88, "volume": 102377181, "typical_volume": 76679566.65, "trend": 3.48, "fair_value": 3.934936, "relative_strength": 15.387199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.191989, "energy": 56.714805, "activity_lines": [ 3.798667, 3.704364, 3.559286, 3.497011 ] }, { "date": "2025-06-20", "close": 3.87, "volume": 140012716, "typical_volume": 83029553.6, "trend": 3.486333, "fair_value": 3.931026, "relative_strength": 16.157448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.652433, "energy": 50.712534, "activity_lines": [ 3.832667, 3.756182, 3.598381, 3.522172 ] }, { "date": "2025-06-27", "close": 3.79, "volume": 154529120, "typical_volume": 89396283.45, "trend": 3.489667, "fair_value": 3.925962, "relative_strength": 9.525454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.516384, "energy": 49.155567, "activity_lines": [ 3.830667, 3.779273, 3.62681, 3.541763 ] }, { "date": "2025-07-04", "close": 3.84, "volume": 64724237, "typical_volume": 90491498.65, "trend": 3.488, "fair_value": 3.921218, "relative_strength": 9.553653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.40302, "energy": 41.847844, "activity_lines": [ 3.839333, 3.801091, 3.657857, 3.564366 ] }, { "date": "2025-07-11", "close": 3.98, "volume": 61401368, "typical_volume": 91079023.55, "trend": 3.492667, "fair_value": 3.918205, "relative_strength": 11.381634, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.027298, "energy": 53.057559, "activity_lines": [ 3.883333, 3.840909, 3.699714, 3.596108 ] }, { "date": "2025-07-18", "close": 4.38, "volume": 124087465, "typical_volume": 94999492.6, "trend": 3.508667, "fair_value": 3.918205, "relative_strength": 19.640556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.555061, "energy": 75.127764, "activity_lines": [ 4.052667, 3.946727, 3.776333, 3.653355 ] }, { "date": "2025-07-25", "close": 4.23, "volume": 306700987, "typical_volume": 107923562.8, "trend": 3.534, "fair_value": 3.916859, "relative_strength": 12.697238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.278713, "energy": 75.82386, "activity_lines": [ 4.138667, 4.012182, 3.833286, 3.699892 ] }, { "date": "2025-08-01", "close": 4.06, "volume": 106444634, "typical_volume": 110463866.55, "trend": 3.564, "fair_value": 3.915641, "relative_strength": 9.84971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.324474, "energy": 73.188756, "activity_lines": [ 4.144, 4.037636, 3.86919, 3.733828 ] }, { "date": "2025-08-08", "close": 4.09, "volume": 66812960, "typical_volume": 110214402.6, "trend": 3.596, "fair_value": 3.916282, "relative_strength": 9.262243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.247174, "energy": 69.286038, "activity_lines": [ 4.141333, 4.062, 3.904619, 3.767763 ] }, { "date": "2025-08-15", "close": 4.07, "volume": 73375365, "typical_volume": 104662791.65, "trend": 3.621333, "fair_value": 3.915, "relative_strength": 3.849317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.350306, "energy": 45.700116, "activity_lines": [ 4.115333, 4.075091, 3.935048, 3.798344 ] }, { "date": "2025-08-22", "close": 4.27, "volume": 83615213, "typical_volume": 105110329.4, "trend": 3.659, "fair_value": 3.914872, "relative_strength": 3.989276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.974055, "energy": 46.064138, "activity_lines": [ 4.15, 4.120727, 3.98181, 3.840194 ] }, { "date": "2025-08-29", "close": 4.25, "volume": 108581957, "typical_volume": 106524533.9, "trend": 3.693, "fair_value": 3.915321, "relative_strength": -0.910275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.727513, "energy": 44.237977, "activity_lines": [ 4.185333, 4.155636, 4.022619, 3.878323 ] }, { "date": "2025-09-05", "close": 4.22, "volume": 77492779, "typical_volume": 107719430.15, "trend": 3.722333, "fair_value": 3.913974, "relative_strength": -0.906135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.146568, "energy": 43.363329, "activity_lines": [ 4.209333, 4.178182, 4.055048, 3.912323 ] }, { "date": "2025-09-12", "close": 4.3, "volume": 70195889, "typical_volume": 105035563.7, "trend": 3.755333, "fair_value": 3.910641, "relative_strength": -1.694024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.143577, "energy": 47.5422, "activity_lines": [ 4.249333, 4.207455, 4.090333, 3.949591 ] }, { "date": "2025-09-19", "close": 4.14, "volume": 91569448, "typical_volume": 104734388.25, "trend": 3.784, "fair_value": 3.907756, "relative_strength": -6.333799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.297452, "energy": 39.170431, "activity_lines": [ 4.222, 4.199273, 4.106238, 3.974409 ] }, { "date": "2025-09-26", "close": 3.94, "volume": 72304235, "typical_volume": 100379511.7, "trend": 3.807, "fair_value": 3.904423, "relative_strength": -11.705538, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.718278, "energy": 21.343672, "activity_lines": [ 4.123333, 4.151818, 4.100571, 3.984473 ] }, { "date": "2025-10-03", "close": 3.99, "volume": 25126819, "typical_volume": 96634398.25, "trend": 3.833, "fair_value": 3.900064, "relative_strength": -12.615888, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.769052, "energy": 16.794302, "activity_lines": [ 4.063333, 4.121455, 4.098333, 3.99628 ] }, { "date": "2025-10-10", "close": 3.79, "volume": 798000, "typical_volume": 92987091.85, "trend": 3.847333, "fair_value": 3.89609, "relative_strength": -15.849349, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.623552, "energy": 16.866087, "activity_lines": [ 3.954, 4.059091, 4.07581, 3.993505 ] }, { "date": "2025-10-17", "close": 3.48, "volume": 194275707, "typical_volume": 99746850.65, "trend": 3.848667, "fair_value": 3.890128, "relative_strength": -18.607014, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.307374, "energy": 44.673325, "activity_lines": [ 3.77, 3.945273, 4.023333, 3.969806 ] }, { "date": "2025-10-24", "close": 3.77, "volume": 126451879, "typical_volume": 102543897.95, "trend": 3.857667, "fair_value": 3.888205, "relative_strength": -15.713061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.187086, "energy": 51.260956, "activity_lines": [ 3.737333, 3.895273, 3.999381, 3.964731 ] }, { "date": "2025-10-31", "close": 3.84, "volume": 80656120, "typical_volume": 101457844.9, "trend": 3.871667, "fair_value": 3.885897, "relative_strength": -14.565822, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.833132, "energy": 50.038714, "activity_lines": [ 3.752667, 3.863455, 3.982524, 3.963591 ] }, { "date": "2025-11-07", "close": 3.82, "volume": 62265419, "typical_volume": 97570480.05, "trend": 3.896, "fair_value": 3.884038, "relative_strength": -15.000751, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.453176, "energy": 40.303201, "activity_lines": [ 3.768, 3.835818, 3.963952, 3.960258 ] }, { "date": "2025-11-14", "close": 4.01, "volume": 46678037, "typical_volume": 92177925.9, "trend": 3.922333, "fair_value": 3.884551, "relative_strength": -9.441455, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -5.42165, "energy": 7.88646, "activity_lines": [ 3.858, 3.850545, 3.963714, 3.967613 ] }, { "date": "2025-11-21", "close": 3.69, "volume": 64344301, "typical_volume": 92158929.1, "trend": 3.931, "fair_value": 3.882115, "relative_strength": -11.867584, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.126708, "energy": 13.739583, "activity_lines": [ 3.826667, 3.810909, 3.931952, 3.952624 ] }, { "date": "2025-11-28", "close": 3.76, "volume": 34409024, "typical_volume": 90809311.9, "trend": 3.936, "fair_value": 3.877308, "relative_strength": -12.989173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.028297, "energy": 13.268666, "activity_lines": [ 3.804667, 3.795091, 3.907571, 3.941591 ] }, { "date": "2025-12-05", "close": 3.74, "volume": 37403287, "typical_volume": 86475103.0, "trend": 3.938667, "fair_value": 3.873013, "relative_strength": -14.15187, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.150116, "energy": 28.05413, "activity_lines": [ 3.776667, 3.782545, 3.882333, 3.928946 ] }, { "date": "2025-12-12", "close": 3.62, "volume": 32117538, "typical_volume": 72745930.55, "trend": 3.935, "fair_value": 3.867244, "relative_strength": -17.18937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.875637, "energy": 51.287515, "activity_lines": [ 3.715333, 3.751818, 3.848714, 3.908387 ] }, { "date": "2025-12-19", "close": 3.67, "volume": 29714562, "typical_volume": 68909426.95, "trend": 3.934, "fair_value": 3.861538, "relative_strength": -14.858765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.27716, "energy": 51.093736, "activity_lines": [ 3.684, 3.736909, 3.822762, 3.89129 ] }, { "date": "2025-12-26", "close": 3.74, "volume": 23564237, "typical_volume": 66746990.8, "trend": 3.936333, "fair_value": 3.853974, "relative_strength": -15.942832, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.097266, "energy": 45.635971, "activity_lines": [ 3.698667, 3.736909, 3.805333, 3.878774 ] }, { "date": "2026-01-02", "close": 3.66, "volume": 19708721, "typical_volume": 64063658.6, "trend": 3.929667, "fair_value": 3.844808, "relative_strength": -17.02368, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.71441, "energy": 46.427601, "activity_lines": [ 3.683333, 3.717636, 3.781952, 3.860946 ] }, { "date": "2026-01-09", "close": 3.76, "volume": 38483711, "typical_volume": 61807083.5, "trend": 3.925667, "fair_value": 3.83109, "relative_strength": -18.092264, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.38228, "energy": 29.631133, "activity_lines": [ 3.708, 3.718545, 3.770048, 3.85 ] }, { "date": "2026-01-16", "close": 3.75, "volume": 51149003, "typical_volume": 58935435.8, "trend": 3.921667, "fair_value": 3.819615, "relative_strength": -18.927754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.888794, "energy": 22.163042, "activity_lines": [ 3.728, 3.719091, 3.759619, 3.838667 ] }, { "date": "2026-01-23", "close": 4.05, "volume": 78275185, "typical_volume": 58974556.1, "trend": 3.930333, "fair_value": 3.8075, "relative_strength": -13.276931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.082964, "energy": 9.882931, "activity_lines": [ 3.839333, 3.775455, 3.780143, 3.846946 ] }, { "date": "2026-01-30", "close": 4.16, "volume": 73453502, "typical_volume": 59137436.75, "trend": 3.941, "fair_value": 3.80141, "relative_strength": -9.319746, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.995214, "energy": 31.926671, "activity_lines": [ 3.962, 3.851091, 3.811952, 3.861763 ] }, { "date": "2026-02-06", "close": 3.86, "volume": 65493776, "typical_volume": 57833653.15, "trend": 3.937, "fair_value": 3.794808, "relative_strength": -13.85296, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.592267, "energy": 24.02226, "activity_lines": [ 3.956667, 3.863636, 3.815857, 3.856538 ] }, { "date": "2026-02-13", "close": 3.91, "volume": 40238008, "typical_volume": 56230341.8, "trend": 3.921333, "fair_value": 3.786859, "relative_strength": -13.776759, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.958723, "energy": 26.249558, "activity_lines": [ 3.954667, 3.883455, 3.825857, 3.854796 ] }, { "date": "2026-02-27", "close": 4.08, "volume": 36605473, "typical_volume": 56804274.5, "trend": 3.916333, "fair_value": 3.780577, "relative_strength": -12.390342, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.848524, "energy": 44.847942, "activity_lines": [ 3.999333, 3.931091, 3.85219, 3.865032 ] }, { "date": "2026-03-06", "close": 4.09, "volume": 80160822, "typical_volume": 60772415.6, "trend": 3.917333, "fair_value": 3.774615, "relative_strength": -10.08217, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.990711, "energy": 27.759264, "activity_lines": [ 4.025333, 3.972182, 3.879048, 3.876237 ] }, { "date": "2026-03-13", "close": 4.11, "volume": 69698339, "typical_volume": 54543547.2, "trend": 3.918, "fair_value": 3.768526, "relative_strength": -10.282553, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.869474, "energy": 38.073854, "activity_lines": [ 4.055333, 4.009273, 3.906381, 3.888667 ] }, { "date": "2026-03-20", "close": 3.84, "volume": 49237263, "typical_volume": 50682816.4, "trend": 3.910333, "fair_value": 3.760449, "relative_strength": -13.519189, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.302001, "energy": 19.283466, "activity_lines": [ 3.998667, 3.990545, 3.905, 3.883634 ] }, { "date": "2026-03-27", "close": 3.92, "volume": 42486880, "typical_volume": 48774354.4, "trend": 3.898667, "fair_value": 3.754679, "relative_strength": -10.840451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.963176, "energy": 10.442781, "activity_lines": [ 3.97, 3.983091, 3.910905, 3.884258 ] }, { "date": "2026-04-03", "close": 3.72, "volume": 32181322, "typical_volume": 47270149.55, "trend": 3.881, "fair_value": 3.748141, "relative_strength": -12.537059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.481258, "energy": 12.156414, "activity_lines": [ 3.874, 3.936364, 3.897381, 3.872731 ] }, { "date": "2026-04-10", "close": 3.8, "volume": 24037935, "typical_volume": 46138144.45, "trend": 3.867, "fair_value": 3.742564, "relative_strength": -16.30336, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.012479, "energy": 13.407883, "activity_lines": [ 3.828667, 3.904727, 3.891952, 3.867505 ] }, { "date": "2026-04-17", "close": 3.84, "volume": 31564788, "typical_volume": 44499168.8, "trend": 3.851667, "fair_value": 3.738333, "relative_strength": -18.416791, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.139736, "energy": 15.12753, "activity_lines": [ 3.816, 3.884909, 3.891333, 3.865763 ] }, { "date": "2026-04-24", "close": 4.02, "volume": 30588540, "typical_volume": 44308144.6, "trend": 3.847667, "fair_value": 3.735256, "relative_strength": -14.594047, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.083796, "energy": 14.332158, "activity_lines": [ 3.881333, 3.903636, 3.907143, 3.876624 ] }, { "date": "2026-05-01", "close": 3.86, "volume": 37041860, "typical_volume": 44290073.25, "trend": 3.845, "fair_value": 3.731282, "relative_strength": -18.451326, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.749096, "energy": 6.3075, "activity_lines": [ 3.881333, 3.890364, 3.906476, 3.877419 ] }, { "date": "2026-05-08", "close": 3.86, "volume": 16207723, "typical_volume": 43494582.5, "trend": 3.840667, "fair_value": 3.729167, "relative_strength": -20.271104, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.129319, "energy": 10.268084, "activity_lines": [ 3.885333, 3.878, 3.905238, 3.878387 ] }, { "date": "2026-05-15", "close": 3.71, "volume": 40562146, "typical_volume": 44036961.7, "trend": 3.838, "fair_value": 3.725641, "relative_strength": -22.770126, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.700801, "energy": 10.604476, "activity_lines": [ 3.83, 3.842364, 3.888571, 3.869957 ] }, { "date": "2026-05-22", "close": 3.61, "volume": 29800661, "typical_volume": 44348782.9, "trend": 3.842333, "fair_value": 3.720897, "relative_strength": -24.389173, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.390614, "energy": 38.932988, "activity_lines": [ 3.747333, 3.795455, 3.86219, 3.855247 ] }, { "date": "2026-05-29", "close": 3.43, "volume": 24634207, "typical_volume": 44595057.2, "trend": 3.831, "fair_value": 3.715385, "relative_strength": -27.395865, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.597616, "energy": 69.752148, "activity_lines": [ 3.62, 3.724909, 3.819286, 3.828645 ] }, { "date": "2026-06-05", "close": 3.45, "volume": 3207200, "typical_volume": 42831231.65, "trend": 3.818, "fair_value": 3.710449, "relative_strength": -25.064386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.215099, "energy": 77.438186, "activity_lines": [ 3.538667, 3.665455, 3.779381, 3.804065 ] }, { "date": "2026-06-12", "close": 3.27, "volume": 4828355, "typical_volume": 40515199.25, "trend": 3.799667, "fair_value": 3.704936, "relative_strength": -26.552508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.621387, "energy": 85.964013, "activity_lines": [ 3.424667, 3.581818, 3.72381, 3.76871 ] }, { "date": "2026-06-19", "close": 3.05, "volume": 22946662, "typical_volume": 37748773.1, "trend": 3.767667, "fair_value": 3.697756, "relative_strength": -35.246926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.657622, "energy": 94.95829, "activity_lines": [ 3.276667, 3.466364, 3.649571, 3.720344 ] }, { "date": "2026-06-26", "close": 2.94, "volume": 4491150, "typical_volume": 34300655.5, "trend": 3.742667, "fair_value": 3.691154, "relative_strength": -35.756423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.325481, "energy": 95.850997, "activity_lines": [ 3.136, 3.344545, 3.569619, 3.666946 ] }, { "date": "2026-07-03", "close": 3.35, "volume": 8930857, "typical_volume": 31472509.55, "trend": 3.729, "fair_value": 3.686474, "relative_strength": -25.184149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.650657, "energy": 86.831306, "activity_lines": [ 3.176667, 3.313636, 3.534524, 3.641613 ] }, { "date": "2026-07-10", "close": 3.13, "volume": 22701210, "typical_volume": 30595669.65, "trend": 3.708667, "fair_value": 3.681346, "relative_strength": -26.766255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.152373, "energy": 80.457912, "activity_lines": [ 3.149333, 3.254909, 3.480905, 3.602968 ] }, { "date": "2026-07-17", "close": 3.16, "volume": 20238117, "typical_volume": 29777301.85, "trend": 3.693333, "fair_value": 3.675256, "relative_strength": -18.052064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.976949, "energy": 58.453589, "activity_lines": [ 3.153333, 3.214909, 3.433857, 3.56757 ] }, { "date": "2026-07-24", "close": 3.17, "volume": 16935092, "typical_volume": 26616015.35, "trend": 3.676667, "fair_value": 3.668846, "relative_strength": -17.228749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.518934, "energy": 49.036572, "activity_lines": [ 3.168, 3.189455, 3.392143, 3.533806 ] }, { "date": "2026-07-31", "close": 3.27, "volume": 15733575, "typical_volume": 23917777.15, "trend": 3.661, "fair_value": 3.662949, "relative_strength": -12.552483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.217751, "energy": 42.541861, "activity_lines": [ 3.208, 3.192, 3.364333, 3.50757 ] }, { "date": "2026-08-07", "close": 3.42, "volume": 16251871, "typical_volume": 22268507.55, "trend": 3.653, "fair_value": 3.658013, "relative_strength": -12.422171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.037419, "energy": 29.162797, "activity_lines": [ 3.276, 3.228, 3.35481, 3.492022 ] } ], "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." } } }