{ "ticker": { "uuid": "6add53b1-172a-4769-a3aa-ecf9dbc71025", "symbol": "002526", "name": "Shandong Mining Machinery Group 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": -63.55, "architecture_energy": 58.525, "architecture_maturity": 95.611, "architecture_confidence": 93.753, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.92, "rotation_up": 27.99, "upward_expansion": 10.82, "deceleration": 60.83, "rotation_down": 52.53, "downward_expansion": 84.15 }, "activity_lines": [ 2.613333, 2.628871, 2.825737, 3.021788 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 2.7, "trend_reference": 3.277823, "distance_from_trend": -0.176282, "trend_direction": "Weakening", "fair_value": 3.210643, "distance_from_fair_value": -0.159047, "fair_value_direction": "Weakening", "relative_strength": -26.191655, "relative_strength_direction": "Improving", "price_momentum": -0.291339, "excess_performance": -0.298738, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.176282, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.091764, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.159047, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.244555, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261917, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000189, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.291339, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.720474, "read": "Supply-led" } ], "volume": { "latest": 129506706, "relative_activity": 1.060987, "balance": 0.720474, "dry_up": 1.02238, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.076283, "annualized_volatility": 0.323235, "from_high_reference": -0.402655, "from_low_reference": 0.106557 }, "levels": { "trend_reference": 3.277823, "fair_value_reference": 3.210643, "structural_low": 2.44, "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": 17, "median_return": 0.009901, "positive_rate": 0.588235, "directional_follow_through": 0.352941, "median_excess_return": 0.020448, "regime_survival": 0.647059, "best_return": 0.285046, "worst_return": -0.133886, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.122573, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.041886, "regime_survival": 0.25, "best_return": 0.426966, "worst_return": -0.262857, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.098081, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.127885, "regime_survival": 0.333333, "best_return": 1.056604, "worst_return": -0.22562, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.440594, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.607545, "regime_survival": 0.0, "best_return": 0.819461, "worst_return": 0.242152, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.073048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-25", "tenure": "Developing", "return": -0.141464, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.024456, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-09-05", "tenure": "Established", "return": 0.16925, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.090261, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.010444, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": 0.026455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.01662, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-05", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.092958, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-27", "tenure": "New", "return": 0.052493, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.025707, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": -0.026012, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.228571, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 2.686365, "volume": 518513064, "typical_volume": 190920974.9, "trend": 2.397646, "fair_value": 2.30258, "relative_strength": 14.931011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.306458, "energy": 78.61454, "activity_lines": [ 2.633691, 2.533012, 2.443407, 2.424673 ] }, { "date": "2023-08-04", "close": 2.715993, "volume": 374482582, "typical_volume": 203692123.45, "trend": 2.414765, "fair_value": 2.303087, "relative_strength": 14.67269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.757689, "energy": 79.456581, "activity_lines": [ 2.676488, 2.57988, 2.473459, 2.445212 ] }, { "date": "2023-08-11", "close": 2.587601, "volume": 247625585, "typical_volume": 209617640.6, "trend": 2.426946, "fair_value": 2.3022, "relative_strength": 13.478664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.124303, "energy": 63.987757, "activity_lines": [ 2.660028, 2.596041, 2.489825, 2.456363 ] }, { "date": "2023-08-18", "close": 2.607354, "volume": 186766473, "typical_volume": 213682106.15, "trend": 2.438139, "fair_value": 2.301567, "relative_strength": 17.702986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.070916, "energy": 43.6802, "activity_lines": [ 2.639617, 2.611125, 2.507509, 2.468002 ] }, { "date": "2023-08-25", "close": 2.528343, "volume": 219766254, "typical_volume": 220099472.4, "trend": 2.444394, "fair_value": 2.300238, "relative_strength": 17.401156, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.699907, "energy": 29.072501, "activity_lines": [ 2.596819, 2.605379, 2.516586, 2.473821 ] }, { "date": "2023-09-01", "close": 2.735746, "volume": 626907953, "typical_volume": 246891071.3, "trend": 2.453283, "fair_value": 2.300554, "relative_strength": 22.426751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.093815, "energy": 30.181001, "activity_lines": [ 2.633691, 2.634289, 2.544427, 2.492618 ] }, { "date": "2023-09-08", "close": 2.656736, "volume": 333721560, "typical_volume": 257694806.95, "trend": 2.457563, "fair_value": 2.300301, "relative_strength": 20.438638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.637983, "energy": 26.689555, "activity_lines": [ 2.640933, 2.64255, 2.562675, 2.505744 ] }, { "date": "2023-09-15", "close": 2.607354, "volume": 183772699, "typical_volume": 260395621.7, "trend": 2.462172, "fair_value": 2.299984, "relative_strength": 19.280414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.597287, "energy": 24.389879, "activity_lines": [ 2.635666, 2.638419, 2.574104, 2.515408 ] }, { "date": "2023-09-22", "close": 2.627106, "volume": 144688796, "typical_volume": 265193332.0, "trend": 2.466122, "fair_value": 2.299415, "relative_strength": 19.281543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.701662, "energy": 28.979028, "activity_lines": [ 2.635666, 2.634648, 2.586002, 2.526049 ] }, { "date": "2023-09-29", "close": 2.755499, "volume": 252553651, "typical_volume": 271669960.25, "trend": 2.474352, "fair_value": 2.300174, "relative_strength": 25.218138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.717118, "energy": 33.431223, "activity_lines": [ 2.677147, 2.65494, 2.608718, 2.544719 ] }, { "date": "2023-10-13", "close": 2.666612, "volume": 206456619, "typical_volume": 275389694.55, "trend": 2.483241, "fair_value": 2.300428, "relative_strength": 21.059585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.203186, "energy": 28.170049, "activity_lines": [ 2.673855, 2.657813, 2.620852, 2.557123 ] }, { "date": "2023-10-20", "close": 2.488838, "volume": 156382959, "typical_volume": 278167823.4, "trend": 2.485875, "fair_value": 2.300681, "relative_strength": 18.259631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.032327, "energy": 14.095166, "activity_lines": [ 2.615913, 2.628723, 2.614691, 2.557484 ] }, { "date": "2023-10-27", "close": 2.528343, "volume": 209124672, "typical_volume": 283647447.55, "trend": 2.48785, "fair_value": 2.301061, "relative_strength": 17.077206, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.027128, "energy": 7.901215, "activity_lines": [ 2.582334, 2.610945, 2.611445, 2.560224 ] }, { "date": "2023-11-03", "close": 2.557972, "volume": 193662520, "typical_volume": 288811463.9, "trend": 2.493776, "fair_value": 2.301251, "relative_strength": 16.935586, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.795248, "energy": 12.613042, "activity_lines": [ 2.563898, 2.599632, 2.610082, 2.564748 ] }, { "date": "2023-11-10", "close": 2.597478, "volume": 174306831, "typical_volume": 291384811.55, "trend": 2.502994, "fair_value": 2.301694, "relative_strength": 16.805217, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.463928, "energy": 13.758686, "activity_lines": [ 2.56324, 2.5964, 2.611022, 2.571438 ] }, { "date": "2023-11-17", "close": 2.686365, "volume": 261673529, "typical_volume": 298585843.7, "trend": 2.515833, "fair_value": 2.30315, "relative_strength": 20.184907, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.264298, "energy": 10.933871, "activity_lines": [ 2.602745, 2.608072, 2.6193, 2.583268 ] }, { "date": "2023-11-24", "close": 2.656736, "volume": 164471649, "typical_volume": 297441313.7, "trend": 2.530648, "fair_value": 2.304733, "relative_strength": 19.944957, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.341849, "energy": 18.26256, "activity_lines": [ 2.631057, 2.615255, 2.623344, 2.592359 ] }, { "date": "2023-12-01", "close": 2.696241, "volume": 162669353, "typical_volume": 297256696.35, "trend": 2.543487, "fair_value": 2.305999, "relative_strength": 22.543007, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.89509, "energy": 30.031149, "activity_lines": [ 2.661345, 2.629621, 2.630258, 2.603042 ] }, { "date": "2023-12-08", "close": 2.587601, "volume": 216860775, "typical_volume": 285525965.65, "trend": 2.552046, "fair_value": 2.306252, "relative_strength": 19.07008, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.399821, "energy": 21.709359, "activity_lines": [ 2.644226, 2.622617, 2.625555, 2.605888 ] }, { "date": "2023-12-15", "close": 2.80488, "volume": 698173645, "typical_volume": 276629058.45, "trend": 2.568507, "fair_value": 2.307582, "relative_strength": 30.440196, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.420571, "energy": 47.916179, "activity_lines": [ 2.697558, 2.655838, 2.641921, 2.6222 ] }, { "date": "2023-12-22", "close": 2.795004, "volume": 505212606, "typical_volume": 275964035.55, "trend": 2.582334, "fair_value": 2.309291, "relative_strength": 31.205574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.431659, "energy": 51.766894, "activity_lines": [ 2.733771, 2.686365, 2.656783, 2.636813 ] }, { "date": "2023-12-29", "close": 2.864139, "volume": 364576252, "typical_volume": 275468719.05, "trend": 2.60077, "fair_value": 2.311, "relative_strength": 29.088782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.995165, "energy": 57.886491, "activity_lines": [ 2.785786, 2.727127, 2.677711, 2.654994 ] }, { "date": "2024-01-05", "close": 2.795004, "volume": 281452911, "typical_volume": 277160085.35, "trend": 2.616243, "fair_value": 2.31328, "relative_strength": 30.478609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.609626, "energy": 59.434786, "activity_lines": [ 2.80093, 2.748496, 2.69135, 2.667525 ] }, { "date": "2024-01-12", "close": 2.735746, "volume": 466376318, "typical_volume": 291140577.6, "trend": 2.632374, "fair_value": 2.314736, "relative_strength": 28.324366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.652241, "energy": 44.188053, "activity_lines": [ 2.789737, 2.754242, 2.698357, 2.675235 ] }, { "date": "2024-01-19", "close": 2.548096, "volume": 271418594, "typical_volume": 293723194.6, "trend": 2.638629, "fair_value": 2.315685, "relative_strength": 21.437173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.426384, "energy": 12.611151, "activity_lines": [ 2.706117, 2.722638, 2.686882, 2.669798 ] }, { "date": "2024-01-26", "close": 2.538219, "volume": 222590787, "typical_volume": 273507336.3, "trend": 2.643567, "fair_value": 2.316762, "relative_strength": 20.39696, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.934198, "energy": 13.075887, "activity_lines": [ 2.636324, 2.690135, 2.674372, 2.66332 ] }, { "date": "2024-02-02", "close": 2.222177, "volume": 187046840, "typical_volume": 266173600.3, "trend": 2.635337, "fair_value": 2.316698, "relative_strength": 13.918183, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.923047, "energy": 42.101852, "activity_lines": [ 2.478303, 2.602865, 2.632703, 2.636133 ] }, { "date": "2024-02-09", "close": 2.271558, "volume": 237582425, "typical_volume": 268864086.6, "trend": 2.630069, "fair_value": 2.317015, "relative_strength": 5.909121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.86193, "energy": 67.40266, "activity_lines": [ 2.37954, 2.532473, 2.597807, 2.612664 ] }, { "date": "2024-02-23", "close": 2.390074, "volume": 202061954, "typical_volume": 271732744.5, "trend": 2.620852, "fair_value": 2.318218, "relative_strength": 7.930065, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.140006, "energy": 69.397397, "activity_lines": [ 2.355178, 2.491352, 2.575797, 2.59718 ] }, { "date": "2024-03-01", "close": 2.478961, "volume": 314362999, "typical_volume": 274823211.9, "trend": 2.613938, "fair_value": 2.32094, "relative_strength": 7.170411, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.40509, "energy": 63.350173, "activity_lines": [ 2.38349, 2.469983, 2.56338, 2.588026 ] }, { "date": "2024-03-08", "close": 2.469085, "volume": 185025577, "typical_volume": 273751659.8, "trend": 2.606695, "fair_value": 2.324739, "relative_strength": 7.066053, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.026453, "energy": 36.100138, "activity_lines": [ 2.413119, 2.452744, 2.551341, 2.578681 ] }, { "date": "2024-03-15", "close": 2.597478, "volume": 316115662, "typical_volume": 281738294.95, "trend": 2.602745, "fair_value": 2.328917, "relative_strength": 9.278166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.2406, "energy": 17.145505, "activity_lines": [ 2.490155, 2.464775, 2.55247, 2.578086 ] }, { "date": "2024-03-22", "close": 2.666612, "volume": 370618920, "typical_volume": 289813007.35, "trend": 2.605379, "fair_value": 2.332526, "relative_strength": 12.138099, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.0453, "energy": 15.612491, "activity_lines": [ 2.565215, 2.494225, 2.559665, 2.582206 ] }, { "date": "2024-03-29", "close": 2.83451, "volume": 436290641, "typical_volume": 301944413.4, "trend": 2.61295, "fair_value": 2.337084, "relative_strength": 20.468494, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.24913, "energy": 22.791647, "activity_lines": [ 2.669904, 2.556536, 2.582193, 2.596989 ] }, { "date": "2024-04-05", "close": 2.933273, "volume": 727978051, "typical_volume": 329627974.4, "trend": 2.626448, "fair_value": 2.341642, "relative_strength": 21.89561, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.29355, "energy": 33.877853, "activity_lines": [ 2.777885, 2.635008, 2.612809, 2.617655 ] }, { "date": "2024-04-12", "close": 2.962902, "volume": 601357822, "typical_volume": 346612189.05, "trend": 2.63402, "fair_value": 2.34696, "relative_strength": 26.213373, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.817584, "energy": 63.222531, "activity_lines": [ 2.865456, 2.711864, 2.644649, 2.639362 ] }, { "date": "2024-04-19", "close": 3.199934, "volume": 861395421, "typical_volume": 381458377.65, "trend": 2.652127, "fair_value": 2.353608, "relative_strength": 34.028884, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.752729, "energy": 74.489335, "activity_lines": [ 2.999115, 2.824095, 2.697746, 2.675872 ] }, { "date": "2024-04-26", "close": 3.1308, "volume": 732563187, "typical_volume": 409953069.35, "trend": 2.669575, "fair_value": 2.360002, "relative_strength": 27.285466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.426257, "energy": 72.283904, "activity_lines": [ 3.069567, 2.905978, 2.741672, 2.706754 ] }, { "date": "2024-05-03", "close": 2.923397, "volume": 296857350, "typical_volume": 413952898.1, "trend": 2.679451, "fair_value": 2.365257, "relative_strength": 16.363908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.627791, "energy": 61.157066, "activity_lines": [ 3.039938, 2.93453, 2.763776, 2.72313 ] }, { "date": "2024-05-10", "close": 3.160429, "volume": 765607628, "typical_volume": 417324597.25, "trend": 2.692949, "fair_value": 2.371715, "relative_strength": 22.845341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.828948, "energy": 58.404506, "activity_lines": [ 3.083394, 2.996482, 2.806856, 2.754161 ] }, { "date": "2024-05-17", "close": 3.328326, "volume": 809448321, "typical_volume": 432536383.0, "trend": 2.715006, "fair_value": 2.379122, "relative_strength": 28.407517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.87258, "energy": 57.395828, "activity_lines": [ 3.167671, 3.07657, 2.864233, 2.795153 ] }, { "date": "2024-05-24", "close": 3.02216, "volume": 516850345, "typical_volume": 440150087.65, "trend": 2.732783, "fair_value": 2.385073, "relative_strength": 19.169315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.326303, "energy": 39.462207, "activity_lines": [ 3.125532, 3.085369, 2.889911, 2.814969 ] }, { "date": "2024-05-31", "close": 2.795004, "volume": 363001235, "typical_volume": 444227503.85, "trend": 2.741672, "fair_value": 2.390011, "relative_strength": 10.25974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.699081, "energy": 27.03813, "activity_lines": [ 3.019526, 3.045145, 2.893203, 2.818984 ] }, { "date": "2024-06-07", "close": 2.518467, "volume": 360241395, "typical_volume": 438920757.7, "trend": 2.740355, "fair_value": 2.393113, "relative_strength": 0.088963, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.889718, "energy": 11.235878, "activity_lines": [ 2.843727, 2.952307, 2.870159, 2.804583 ] }, { "date": "2024-06-14", "close": 2.538219, "volume": 183163669, "typical_volume": 434508011.45, "trend": 2.73838, "fair_value": 2.396089, "relative_strength": 0.467827, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -11.83976, "energy": 22.150833, "activity_lines": [ 2.701508, 2.868807, 2.85003, 2.791542 ] }, { "date": "2024-06-21", "close": 2.439456, "volume": 214722944, "typical_volume": 434114619.3, "trend": 2.73015, "fair_value": 2.398748, "relative_strength": -1.863227, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -27.505483, "energy": 33.745113, "activity_lines": [ 2.567848, 2.774533, 2.820542, 2.772257 ] }, { "date": "2024-06-28", "close": 2.330816, "volume": 186814766, "typical_volume": 434103015.6, "trend": 2.719286, "fair_value": 2.40071, "relative_strength": -4.310015, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.526675, "energy": 52.238985, "activity_lines": [ 2.457233, 2.670024, 2.781177, 2.746493 ] }, { "date": "2024-07-05", "close": 2.32094, "volume": 143242892, "typical_volume": 429386038.95, "trend": 2.706776, "fair_value": 2.40242, "relative_strength": -3.380057, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.870342, "energy": 60.188374, "activity_lines": [ 2.389416, 2.57952, 2.740355, 2.720794 ] }, { "date": "2024-07-12", "close": 2.353854, "volume": 176480554, "typical_volume": 428106968.95, "trend": 2.698984, "fair_value": 2.404214, "relative_strength": -4.044426, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.268495, "energy": 59.927331, "activity_lines": [ 2.364174, 2.509726, 2.702432, 2.698024 ] }, { "date": "2024-07-19", "close": 2.244141, "volume": 106732493, "typical_volume": 417725443.65, "trend": 2.680293, "fair_value": 2.405431, "relative_strength": -9.204253, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.30855, "energy": 74.556005, "activity_lines": [ 2.313335, 2.43034, 2.654233, 2.66868 ] }, { "date": "2024-07-26", "close": 2.284036, "volume": 132457548, "typical_volume": 415097042.2, "trend": 2.66326, "fair_value": 2.40665, "relative_strength": -4.465855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.724657, "energy": 69.264249, "activity_lines": [ 2.2954, 2.374867, 2.610952, 2.643115 ] }, { "date": "2024-08-02", "close": 2.39375, "volume": 187931791, "typical_volume": 408687848.65, "trend": 2.647581, "fair_value": 2.409206, "relative_strength": 0.416031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.367241, "energy": 52.568078, "activity_lines": [ 2.324398, 2.358329, 2.579001, 2.625727 ] }, { "date": "2024-08-09", "close": 2.333906, "volume": 140912473, "typical_volume": 397202526.3, "trend": 2.632211, "fair_value": 2.411252, "relative_strength": -0.477422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.709177, "energy": 53.247038, "activity_lines": [ 2.329252, 2.342335, 2.54232, 2.60549 ] }, { "date": "2024-08-16", "close": 2.284036, "volume": 89006526, "typical_volume": 379838320.55, "trend": 2.617154, "fair_value": 2.413104, "relative_strength": -2.306993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.177185, "energy": 48.402152, "activity_lines": [ 2.316618, 2.325659, 2.502475, 2.583027 ] }, { "date": "2024-08-23", "close": 2.114479, "volume": 99683601, "typical_volume": 348423598.05, "trend": 2.6027, "fair_value": 2.413997, "relative_strength": -7.823345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.066238, "energy": 65.881797, "activity_lines": [ 2.25212, 2.282416, 2.449102, 2.550596 ] }, { "date": "2024-08-30", "close": 2.194271, "volume": 96330183, "typical_volume": 323172216.1, "trend": 2.591235, "fair_value": 2.415907, "relative_strength": -6.340302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.235959, "energy": 74.354411, "activity_lines": [ 2.222863, 2.261385, 2.407227, 2.524246 ] }, { "date": "2024-09-06", "close": 2.104505, "volume": 96808327, "typical_volume": 284942861.4, "trend": 2.587313, "fair_value": 2.416799, "relative_strength": -7.825056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.705215, "energy": 86.954811, "activity_lines": [ 2.169668, 2.22849, 2.360464, 2.492844 ] }, { "date": "2024-09-13", "close": 2.074583, "volume": 85635559, "typical_volume": 252596480.0, "trend": 2.580747, "fair_value": 2.417182, "relative_strength": -7.449929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.530546, "energy": 87.912693, "activity_lines": [ 2.125783, 2.194271, 2.316067, 2.459765 ] }, { "date": "2024-09-20", "close": 2.114479, "volume": 67755433, "typical_volume": 241141384.15, "trend": 2.57156, "fair_value": 2.418011, "relative_strength": -6.762124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.373772, "energy": 82.615135, "activity_lines": [ 2.112484, 2.171784, 2.2805, 2.429683 ] }, { "date": "2024-09-27", "close": 2.39375, "volume": 222765456, "typical_volume": 213999275.55, "trend": 2.56872, "fair_value": 2.419871, "relative_strength": -10.385722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.058448, "energy": 48.108709, "activity_lines": [ 2.20358, 2.204426, 2.275381, 2.418211 ] }, { "date": "2024-10-04", "close": 2.603203, "volume": 133537864, "typical_volume": 180203752.7, "trend": 2.573191, "fair_value": 2.422693, "relative_strength": -11.871977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.854395, "energy": 16.169386, "activity_lines": [ 2.345875, 2.27243, 2.293862, 2.420436 ] }, { "date": "2024-10-11", "close": 2.363828, "volume": 367827584, "typical_volume": 172752614.65, "trend": 2.565402, "fair_value": 2.423665, "relative_strength": -16.028575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.485445, "energy": 25.219959, "activity_lines": [ 2.381116, 2.291109, 2.292997, 2.406929 ] }, { "date": "2024-10-18", "close": 2.39375, "volume": 216682205, "typical_volume": 165436663.15, "trend": 2.556307, "fair_value": 2.424131, "relative_strength": -17.211447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.893446, "energy": 24.365812, "activity_lines": [ 2.409043, 2.315772, 2.298118, 2.395855 ] }, { "date": "2024-10-25", "close": 2.663047, "volume": 600931764, "typical_volume": 177471181.6, "trend": 2.550591, "fair_value": 2.426831, "relative_strength": -10.11388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.776838, "energy": 30.610623, "activity_lines": [ 2.505458, 2.38831, 2.330796, 2.402741 ] }, { "date": "2024-11-01", "close": 2.663047, "volume": 467096584, "typical_volume": 191667827.35, "trend": 2.541584, "fair_value": 2.430227, "relative_strength": -8.675397, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.323588, "energy": 39.324972, "activity_lines": [ 2.565302, 2.453956, 2.362786, 2.409996 ] }, { "date": "2024-11-08", "close": 2.982213, "volume": 741849083, "typical_volume": 218024134.3, "trend": 2.542228, "fair_value": 2.435289, "relative_strength": -4.250885, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.921518, "energy": 65.73987, "activity_lines": [ 2.713581, 2.567659, 2.424578, 2.438424 ] }, { "date": "2024-11-15", "close": 2.702943, "volume": 362239272, "typical_volume": 226795359.6, "trend": 2.525661, "fair_value": 2.438814, "relative_strength": -9.830151, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.978688, "energy": 58.655336, "activity_lines": [ 2.743503, 2.61626, 2.457189, 2.448793 ] }, { "date": "2024-11-22", "close": 2.673021, "volume": 285524984, "typical_volume": 233909464.2, "trend": 2.510402, "fair_value": 2.44278, "relative_strength": -8.094947, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.107952, "energy": 49.982065, "activity_lines": [ 2.740844, 2.648539, 2.485178, 2.4583 ] }, { "date": "2024-11-29", "close": 3.590625, "volume": 573455264, "typical_volume": 253758199.7, "trend": 2.532643, "fair_value": 2.452755, "relative_strength": 20.871611, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 64.249292, "energy": 74.72631, "activity_lines": [ 3.025434, 2.836775, 2.598881, 2.527992 ] }, { "date": "2024-12-06", "close": 5.794869, "volume": 424073447, "typical_volume": 269625247.4, "trend": 2.620457, "fair_value": 2.47667, "relative_strength": 88.4651, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.478252, "energy": 97.571416, "activity_lines": [ 3.982934, 3.398944, 2.916623, 2.738458 ] }, { "date": "2024-12-13", "close": 4.428437, "volume": 2345245121, "typical_volume": 380264626.05, "trend": 2.657128, "fair_value": 2.491192, "relative_strength": 43.694937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.995349, "energy": 89.39656, "activity_lines": [ 4.276168, 3.650831, 3.08732, 2.855102 ] }, { "date": "2024-12-20", "close": 4.218984, "volume": 1026482707, "typical_volume": 422192171.85, "trend": 2.697022, "fair_value": 2.504309, "relative_strength": 36.861717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.38082, "energy": 87.061966, "activity_lines": [ 4.40317, 3.831451, 3.227858, 2.955867 ] }, { "date": "2024-12-27", "close": 3.710312, "volume": 740264667, "typical_volume": 452159781.55, "trend": 2.727532, "fair_value": 2.514355, "relative_strength": 19.851932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.679266, "energy": 77.856593, "activity_lines": [ 4.259545, 3.885854, 3.311259, 3.02124 ] }, { "date": "2025-01-03", "close": 3.291406, "volume": 404300591, "typical_volume": 467924484.8, "trend": 2.753297, "fair_value": 2.521589, "relative_strength": 14.274276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.164023, "energy": 44.400788, "activity_lines": [ 3.907132, 3.840155, 3.34821, 3.057619 ] }, { "date": "2025-01-10", "close": 3.740234, "volume": 1104251600, "typical_volume": 518152884.75, "trend": 2.793364, "fair_value": 2.531826, "relative_strength": 30.549438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.918424, "energy": 27.63079, "activity_lines": [ 3.724276, 3.864636, 3.42311, 3.121292 ] }, { "date": "2025-01-17", "close": 3.959661, "volume": 1330226923, "typical_volume": 579847721.75, "trend": 2.844038, "fair_value": 2.542521, "relative_strength": 32.493075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.078574, "energy": 23.942491, "activity_lines": [ 3.751538, 3.909429, 3.511166, 3.196537 ] }, { "date": "2025-01-24", "close": 3.800078, "volume": 869782752, "typical_volume": 618496443.0, "trend": 2.893013, "fair_value": 2.552509, "relative_strength": 24.88307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.51051, "energy": 21.576333, "activity_lines": [ 3.756857, 3.907434, 3.575616, 3.258217 ] }, { "date": "2025-01-31", "close": 3.560703, "volume": 124855308, "typical_volume": 620457430.45, "trend": 2.934338, "fair_value": 2.560013, "relative_strength": 18.122866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.361247, "energy": 23.194086, "activity_lines": [ 3.710312, 3.841968, 3.609195, 3.301294 ] }, { "date": "2025-02-07", "close": 4.248907, "volume": 820209038, "typical_volume": 658080110.7, "trend": 2.997507, "fair_value": 2.572182, "relative_strength": 34.261466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.975584, "energy": 35.087084, "activity_lines": [ 3.903142, 3.885491, 3.701241, 3.386105 ] }, { "date": "2025-02-14", "close": 4.089323, "volume": 1191822654, "typical_volume": 706532970.6, "trend": 3.059013, "fair_value": 2.583771, "relative_strength": 26.137373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.337811, "energy": 32.599639, "activity_lines": [ 3.978945, 3.88803, 3.767924, 3.456545 ] }, { "date": "2025-02-21", "close": 4.348646, "volume": 1293659545, "typical_volume": 764539054.65, "trend": 3.127833, "fair_value": 2.597212, "relative_strength": 30.088259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.455917, "energy": 37.169641, "activity_lines": [ 4.117915, 3.968729, 3.85123, 3.539747 ] }, { "date": "2025-02-28", "close": 4.029479, "volume": 1067983883, "typical_volume": 799546869.6, "trend": 3.182358, "fair_value": 2.609367, "relative_strength": 23.941805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.335719, "energy": 35.738318, "activity_lines": [ 4.124564, 3.992848, 3.895828, 3.597918 ] }, { "date": "2025-03-07", "close": 4.568073, "volume": 1347388456, "typical_volume": 856082182.15, "trend": 3.25683, "fair_value": 2.624342, "relative_strength": 36.147908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.256675, "energy": 53.736835, "activity_lines": [ 4.295451, 4.118338, 3.983789, 3.687319 ] }, { "date": "2025-03-14", "close": 4.428437, "volume": 940795554, "typical_volume": 873075371.65, "trend": 3.32831, "fair_value": 2.637788, "relative_strength": 29.298148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.557677, "energy": 57.593033, "activity_lines": [ 4.352635, 4.202845, 4.048097, 3.762906 ] }, { "date": "2025-03-21", "close": 4.428437, "volume": 867837763, "typical_volume": 893112430.6, "trend": 3.405442, "fair_value": 2.651298, "relative_strength": 31.714837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.731097, "energy": 51.520847, "activity_lines": [ 4.39785, 4.266678, 4.103999, 3.833882 ] }, { "date": "2025-03-28", "close": 4.089323, "volume": 623578815, "typical_volume": 887198917.2, "trend": 3.46861, "fair_value": 2.662633, "relative_strength": 21.922334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.267358, "energy": 40.916984, "activity_lines": [ 4.30742, 4.256341, 4.119197, 3.878004 ] }, { "date": "2025-04-04", "close": 3.899818, "volume": 244396000, "typical_volume": 881306753.6, "trend": 3.528454, "fair_value": 2.673387, "relative_strength": 18.485765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.374084, "energy": 22.588746, "activity_lines": [ 4.171109, 4.209192, 4.111076, 3.905823 ] }, { "date": "2025-04-11", "close": 3.480911, "volume": 419925768, "typical_volume": 888026792.8, "trend": 3.575331, "fair_value": 2.681393, "relative_strength": 11.250249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.947683, "energy": 12.034601, "activity_lines": [ 3.903807, 4.084064, 4.057359, 3.902756 ] }, { "date": "2025-04-18", "close": 3.421068, "volume": 270867279, "typical_volume": 872897393.55, "trend": 3.618884, "fair_value": 2.689141, "relative_strength": 9.895172, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.651877, "energy": 21.924588, "activity_lines": [ 3.689035, 3.949506, 3.994095, 3.892804 ] }, { "date": "2025-04-25", "close": 3.510833, "volume": 299032231, "typical_volume": 866645332.75, "trend": 3.656121, "fair_value": 2.697339, "relative_strength": 11.08304, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -21.845158, "energy": 30.96736, "activity_lines": [ 3.571342, 3.846321, 3.940188, 3.885833 ] }, { "date": "2025-05-02", "close": 3.670417, "volume": 208088397, "typical_volume": 759787496.55, "trend": 3.691694, "fair_value": 2.706686, "relative_strength": 15.87426, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.500438, "energy": 34.765074, "activity_lines": [ 3.568017, 3.782669, 3.912356, 3.886755 ] }, { "date": "2025-05-09", "close": 3.839974, "volume": 439759211, "typical_volume": 730451321.75, "trend": 3.740899, "fair_value": 2.717056, "relative_strength": 18.123294, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.904469, "energy": 31.5869, "activity_lines": [ 3.649139, 3.762177, 3.904282, 3.896321 ] }, { "date": "2025-05-16", "close": 3.760182, "volume": 269827541, "typical_volume": 706929465.45, "trend": 3.786447, "fair_value": 2.727802, "relative_strength": 14.886155, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.118527, "energy": 16.691721, "activity_lines": [ 3.707653, 3.730623, 3.890414, 3.897565 ] }, { "date": "2025-05-23", "close": 3.600599, "volume": 238939373, "typical_volume": 698661404.55, "trend": 3.817699, "fair_value": 2.73841, "relative_strength": 10.293885, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.119315, "energy": 12.391221, "activity_lines": [ 3.694354, 3.684743, 3.861109, 3.885575 ] }, { "date": "2025-05-30", "close": 3.590625, "volume": 235575793, "typical_volume": 655227614.2, "trend": 3.848618, "fair_value": 2.748575, "relative_strength": 10.603344, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.028248, "energy": 13.558345, "activity_lines": [ 3.665762, 3.652101, 3.829383, 3.870925 ] }, { "date": "2025-06-06", "close": 3.869896, "volume": 879350063, "typical_volume": 632683771.2, "trend": 3.878207, "fair_value": 2.760214, "relative_strength": 16.781585, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.50386, "energy": 20.044811, "activity_lines": [ 3.724941, 3.685468, 3.824966, 3.872298 ] }, { "date": "2025-06-13", "close": 3.820026, "volume": 504410429, "typical_volume": 614415155.05, "trend": 3.915443, "fair_value": 2.771089, "relative_strength": 15.275979, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.018108, "energy": 19.583011, "activity_lines": [ 3.754198, 3.713758, 3.816226, 3.868544 ] }, { "date": "2025-06-20", "close": 3.660443, "volume": 257821957, "typical_volume": 621063487.5, "trend": 3.948358, "fair_value": 2.780752, "relative_strength": 11.12139, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.713094, "energy": 18.837342, "activity_lines": [ 3.73159, 3.714483, 3.792194, 3.852093 ] }, { "date": "2025-06-27", "close": 3.810052, "volume": 241631440, "typical_volume": 592134607.6, "trend": 3.955672, "fair_value": 2.791437, "relative_strength": 10.829162, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.120237, "energy": 17.208239, "activity_lines": [ 3.765502, 3.739146, 3.781935, 3.84317 ] }, { "date": "2025-07-04", "close": 3.83, "volume": 301662950, "typical_volume": 547626622.4, "trend": 3.890176, "fair_value": 2.802377, "relative_strength": 9.409374, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.708019, "energy": 14.224718, "activity_lines": [ 3.792099, 3.760364, 3.775666, 3.835062 ] }, { "date": "2025-07-11", "close": 3.88, "volume": 218856428, "typical_volume": 493886466.55, "trend": 3.871895, "fair_value": 2.813701, "relative_strength": 8.290616, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.949283, "energy": 8.445555, "activity_lines": [ 3.819405, 3.784869, 3.775393, 3.834406 ] }, { "date": "2025-07-18", "close": 3.92, "volume": 301434023, "typical_volume": 455558973.55, "trend": 3.861929, "fair_value": 2.823001, "relative_strength": 6.568902, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.857111, "energy": 10.946652, "activity_lines": [ 3.85937, 3.812836, 3.781162, 3.837509 ] }, { "date": "2025-07-25", "close": 4.0, "volume": 730759494, "typical_volume": 424727525.45, "trend": 3.871585, "fair_value": 2.833448, "relative_strength": 5.709813, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.98757, "energy": 23.945634, "activity_lines": [ 3.919337, 3.853894, 3.795071, 3.846417 ] }, { "date": "2025-08-01", "close": 3.9, "volume": 236041546, "typical_volume": 389489825.05, "trend": 3.891872, "fair_value": 2.841291, "relative_strength": 4.281382, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.721038, "energy": 25.707048, "activity_lines": [ 3.923333, 3.87241, 3.802161, 3.84825 ] }, { "date": "2025-08-08", "close": 3.98, "volume": 273893987, "typical_volume": 359792636.25, "trend": 3.899864, "fair_value": 2.849394, "relative_strength": 4.636423, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.437522, "energy": 30.232929, "activity_lines": [ 3.948, 3.900027, 3.819387, 3.853936 ] }, { "date": "2025-08-15", "close": 3.94, "volume": 239099693, "typical_volume": 340568680.15, "trend": 3.899208, "fair_value": 2.856227, "relative_strength": -1.281776, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.901517, "energy": 22.896247, "activity_lines": [ 3.949333, 3.913292, 3.834938, 3.856525 ] }, { "date": "2025-08-22", "close": 4.09, "volume": 425850492, "typical_volume": 349641404.75, "trend": 3.908872, "fair_value": 2.864465, "relative_strength": -2.424728, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.20811, "energy": 24.244077, "activity_lines": [ 3.996667, 3.952555, 3.865487, 3.868834 ] }, { "date": "2025-08-29", "close": 3.97, "volume": 507140256, "typical_volume": 354002129.15, "trend": 3.922516, "fair_value": 2.873769, "relative_strength": -9.493886, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.15743, "energy": 19.800164, "activity_lines": [ 3.992667, 3.965092, 3.883701, 3.872778 ] }, { "date": "2025-09-05", "close": 4.21, "volume": 751121555, "typical_volume": 378014842.95, "trend": 3.921219, "fair_value": 2.884106, "relative_strength": -3.622831, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.290238, "energy": 41.472802, "activity_lines": [ 4.070667, 4.015636, 3.922443, 3.891325 ] }, { "date": "2025-09-12", "close": 4.21, "volume": 514551205, "typical_volume": 388790791.65, "trend": 3.925241, "fair_value": 2.89438, "relative_strength": -6.45197, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.231267, "energy": 51.333939, "activity_lines": [ 4.128, 4.058909, 3.957429, 3.909957 ] }, { "date": "2025-09-19", "close": 4.09, "volume": 676957150, "typical_volume": 412234229.3, "trend": 3.91662, "fair_value": 2.90458, "relative_strength": -10.391321, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.798109, "energy": 49.711132, "activity_lines": [ 4.13, 4.073455, 3.977656, 3.920586 ] }, { "date": "2025-09-26", "close": 3.83, "volume": 339108446, "typical_volume": 407201691.05, "trend": 3.90997, "fair_value": 2.913494, "relative_strength": -17.140377, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 31.318225, "energy": 22.842966, "activity_lines": [ 4.035333, 4.036909, 3.971124, 3.914998 ] }, { "date": "2025-10-03", "close": 3.83, "volume": 85541515, "typical_volume": 397987389.75, "trend": 3.885368, "fair_value": 2.921964, "relative_strength": -19.244783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.469979, "energy": 12.797635, "activity_lines": [ 3.958, 4.002, 3.964639, 3.909838 ] }, { "date": "2025-10-10", "close": 3.87, "volume": 96047820, "typical_volume": 390842812.1, "trend": 3.866753, "fair_value": 2.931958, "relative_strength": -17.603783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.516482, "energy": 18.018961, "activity_lines": [ 3.903333, 3.977455, 3.961631, 3.908847 ] }, { "date": "2025-10-17", "close": 3.64, "volume": 205283404, "typical_volume": 389328192.65, "trend": 3.840472, "fair_value": 2.940666, "relative_strength": -18.678048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.271697, "energy": 30.049614, "activity_lines": [ 3.794667, 3.911636, 3.935436, 3.894218 ] }, { "date": "2025-10-24", "close": 3.79, "volume": 231288889, "typical_volume": 356925133.95, "trend": 3.830495, "fair_value": 2.951033, "relative_strength": -19.302827, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.181342, "energy": 33.693139, "activity_lines": [ 3.774, 3.879273, 3.923291, 3.890961 ] }, { "date": "2025-10-31", "close": 3.78, "volume": 219638493, "typical_volume": 342686537.15, "trend": 3.826501, "fair_value": 2.960956, "relative_strength": -20.172318, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.843309, "energy": 33.453439, "activity_lines": [ 3.77, 3.847818, 3.910574, 3.887704 ] }, { "date": "2025-11-07", "close": 3.84, "volume": 193515422, "typical_volume": 339471210.4, "trend": 3.838471, "fair_value": 2.970947, "relative_strength": -19.146376, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.528708, "energy": 29.238273, "activity_lines": [ 3.789333, 3.832909, 3.903762, 3.888575 ] }, { "date": "2025-11-14", "close": 3.88, "volume": 202133727, "typical_volume": 337496324.75, "trend": 3.853768, "fair_value": 2.981447, "relative_strength": -17.330831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.793439, "energy": 9.877281, "activity_lines": [ 3.821333, 3.827636, 3.899905, 3.891254 ] }, { "date": "2025-11-21", "close": 3.61, "volume": 209667207, "typical_volume": 332896537.6, "trend": 3.857074, "fair_value": 2.989457, "relative_strength": -19.064164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.633627, "energy": 23.078323, "activity_lines": [ 3.762667, 3.779273, 3.87, 3.875527 ] }, { "date": "2025-11-28", "close": 3.67, "volume": 119604390, "typical_volume": 327933935.7, "trend": 3.85706, "fair_value": 2.997915, "relative_strength": -20.305358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.322049, "energy": 26.082699, "activity_lines": [ 3.726, 3.752727, 3.846857, 3.863458 ] }, { "date": "2025-12-05", "close": 3.74, "volume": 158387601, "typical_volume": 320781614.6, "trend": 3.853727, "fair_value": 3.006632, "relative_strength": -18.682418, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.886382, "energy": 31.42252, "activity_lines": [ 3.720667, 3.746545, 3.831381, 3.855905 ] }, { "date": "2025-12-12", "close": 3.55, "volume": 135682132, "typical_volume": 291027746.5, "trend": 3.846721, "fair_value": 3.01451, "relative_strength": -22.840047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.842229, "energy": 63.225025, "activity_lines": [ 3.654667, 3.707455, 3.798667, 3.83631 ] }, { "date": "2025-12-19", "close": 3.52, "volume": 117898146, "typical_volume": 285120576.5, "trend": 3.844035, "fair_value": 3.021753, "relative_strength": -22.251148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.457418, "energy": 69.445096, "activity_lines": [ 3.598, 3.668, 3.765238, 3.815231 ] }, { "date": "2025-12-26", "close": 3.57, "volume": 137030738, "typical_volume": 278277414.05, "trend": 3.843347, "fair_value": 3.02957, "relative_strength": -23.468625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.923248, "energy": 67.746725, "activity_lines": [ 3.582, 3.644, 3.738381, 3.797552 ] }, { "date": "2026-01-02", "close": 3.6, "volume": 81986553, "typical_volume": 270421757.05, "trend": 3.834351, "fair_value": 3.038149, "relative_strength": -22.085369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.88381, "energy": 65.520503, "activity_lines": [ 3.578667, 3.626727, 3.716333, 3.781852 ] }, { "date": "2026-01-09", "close": 3.75, "volume": 327327336, "typical_volume": 265495599.25, "trend": 3.832016, "fair_value": 3.048196, "relative_strength": -21.747647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.692493, "energy": 35.514207, "activity_lines": [ 3.63, 3.640182, 3.71019, 3.77641 ] }, { "date": "2026-01-16", "close": 3.77, "volume": 387384928, "typical_volume": 259507832.85, "trend": 3.835668, "fair_value": 3.058245, "relative_strength": -21.658844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.590582, "energy": 19.516516, "activity_lines": [ 3.687333, 3.657818, 3.707571, 3.772409 ] }, { "date": "2026-01-23", "close": 3.88, "volume": 239183025, "typical_volume": 233910906.35, "trend": 3.838, "fair_value": 3.068872, "relative_strength": -19.798516, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.978719, "energy": 16.118791, "activity_lines": [ 3.766667, 3.696727, 3.716381, 3.775269 ] }, { "date": "2026-01-30", "close": 3.81, "volume": 311269842, "typical_volume": 223746838.2, "trend": 3.837333, "fair_value": 3.078734, "relative_strength": -19.569062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.294629, "energy": 18.185199, "activity_lines": [ 3.798667, 3.722909, 3.720095, 3.773462 ] }, { "date": "2026-02-06", "close": 3.77, "volume": 218393568, "typical_volume": 200818659.1, "trend": 3.833667, "fair_value": 3.087896, "relative_strength": -18.084171, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.172869, "energy": 16.703193, "activity_lines": [ 3.801333, 3.738182, 3.721905, 3.769118 ] }, { "date": "2026-02-13", "close": 3.81, "volume": 347944996, "typical_volume": 201260486.6, "trend": 3.83, "fair_value": 3.096491, "relative_strength": -17.824596, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.454359, "energy": 14.080673, "activity_lines": [ 3.806, 3.758909, 3.729048, 3.767591 ] }, { "date": "2026-02-27", "close": 4.01, "volume": 296727952, "typical_volume": 211819808.45, "trend": 3.830333, "fair_value": 3.105989, "relative_strength": -15.277588, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.699675, "energy": 32.914581, "activity_lines": [ 3.873333, 3.814727, 3.755333, 3.779204 ] }, { "date": "2026-03-06", "close": 3.89, "volume": 323031492, "typical_volume": 223168992.05, "trend": 3.83, "fair_value": 3.115098, "relative_strength": -15.41862, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.958024, "energy": 24.058522, "activity_lines": [ 3.884667, 3.840364, 3.769333, 3.783054 ] }, { "date": "2026-03-13", "close": 3.79, "volume": 223763608, "typical_volume": 224093002.25, "trend": 3.823667, "fair_value": 3.123312, "relative_strength": -17.454538, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.638972, "energy": 16.115462, "activity_lines": [ 3.862, 3.841091, 3.773714, 3.780473 ] }, { "date": "2026-03-20", "close": 3.46, "volume": 209823019, "typical_volume": 223019708.75, "trend": 3.807667, "fair_value": 3.129411, "relative_strength": -21.667914, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.997825, "energy": 19.874799, "activity_lines": [ 3.730667, 3.777818, 3.745952, 3.757011 ] }, { "date": "2026-03-27", "close": 3.66, "volume": 273523417, "typical_volume": 225713954.95, "trend": 3.793333, "fair_value": 3.137488, "relative_strength": -15.748113, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.85839, "energy": 22.578769, "activity_lines": [ 3.686667, 3.753455, 3.73881, 3.747484 ] }, { "date": "2026-04-03", "close": 3.37, "volume": 287442265, "typical_volume": 230410297.1, "trend": 3.773333, "fair_value": 3.143643, "relative_strength": -19.40288, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.881856, "energy": 47.360004, "activity_lines": [ 3.556, 3.678, 3.704619, 3.720172 ] }, { "date": "2026-04-10", "close": 3.5, "volume": 118409092, "typical_volume": 226224065.35, "trend": 3.749667, "fair_value": 3.150251, "relative_strength": -21.25287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.171051, "energy": 53.6703, "activity_lines": [ 3.511333, 3.633455, 3.685048, 3.702538 ] }, { "date": "2026-04-17", "close": 3.45, "volume": 104965762, "typical_volume": 220988993.1, "trend": 3.724333, "fair_value": 3.157109, "relative_strength": -24.812436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.755568, "energy": 60.378773, "activity_lines": [ 3.476, 3.586727, 3.662524, 3.683204 ] }, { "date": "2026-04-24", "close": 3.37, "volume": 93318126, "typical_volume": 219674679.9, "trend": 3.700333, "fair_value": 3.163834, "relative_strength": -26.25439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.87285, "energy": 65.715366, "activity_lines": [ 3.436667, 3.532, 3.633143, 3.660344 ] }, { "date": "2026-05-01", "close": 3.31, "volume": 88417530, "typical_volume": 216176176.35, "trend": 3.683, "fair_value": 3.1703, "relative_strength": -27.756398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.884358, "energy": 62.24472, "activity_lines": [ 3.383333, 3.473636, 3.599476, 3.635161 ] }, { "date": "2026-05-08", "close": 3.45, "volume": 85794854, "typical_volume": 213681812.45, "trend": 3.670333, "fair_value": 3.178234, "relative_strength": -26.210574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.678859, "energy": 52.201066, "activity_lines": [ 3.4, 3.449818, 3.58119, 3.620129 ] }, { "date": "2026-05-15", "close": 3.25, "volume": 153830233, "typical_volume": 215478416.8, "trend": 3.649667, "fair_value": 3.184253, "relative_strength": -29.710915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.750462, "energy": 57.317789, "activity_lines": [ 3.344667, 3.399818, 3.544333, 3.593011 ] }, { "date": "2026-05-22", "close": 3.09, "volume": 122852427, "typical_volume": 214769501.25, "trend": 3.631333, "fair_value": 3.18912, "relative_strength": -32.577869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.482895, "energy": 68.332197, "activity_lines": [ 3.252667, 3.332364, 3.493524, 3.556903 ] }, { "date": "2026-05-29", "close": 3.12, "volume": 303362783, "typical_volume": 225838312.75, "trend": 3.609, "fair_value": 3.194305, "relative_strength": -31.127562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.783608, "energy": 64.386738, "activity_lines": [ 3.194667, 3.283091, 3.447857, 3.523914 ] }, { "date": "2026-06-05", "close": 2.988095, "volume": 24539112, "typical_volume": 210698901.55, "trend": 3.582603, "fair_value": 3.198202, "relative_strength": -32.189067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.091954, "energy": 79.418407, "activity_lines": [ 3.109365, 3.216017, 3.391914, 3.483856 ] }, { "date": "2026-06-12", "close": 2.918373, "volume": 18365435, "typical_volume": 192247926.9, "trend": 3.551882, "fair_value": 3.202095, "relative_strength": -31.367996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.548887, "energy": 83.029161, "activity_lines": [ 3.022283, 3.148483, 3.332958, 3.441002 ] }, { "date": "2026-06-19", "close": 2.749048, "volume": 80339692, "typical_volume": 184305760.25, "trend": 3.514184, "fair_value": 3.204776, "relative_strength": -38.801546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.596623, "energy": 90.345114, "activity_lines": [ 2.914201, 3.058374, 3.261932, 3.389206 ] }, { "date": "2026-06-26", "close": 2.529921, "volume": 27218445, "typical_volume": 170103190.4, "trend": 3.478181, "fair_value": 3.206559, "relative_strength": -41.974376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.745035, "energy": 95.955917, "activity_lines": [ 2.766474, 2.942078, 3.175422, 3.325705 ] }, { "date": "2026-07-03", "close": 2.699246, "volume": 35292019, "typical_volume": 160948112.95, "trend": 3.445823, "fair_value": 3.208731, "relative_strength": -36.499866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.103315, "energy": 88.788305, "activity_lines": [ 2.712527, 2.873297, 3.111134, 3.275452 ] }, { "date": "2026-07-10", "close": 2.58, "volume": 124400670, "typical_volume": 149770896.65, "trend": 3.407156, "fair_value": 3.209948, "relative_strength": -36.214534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.478197, "energy": 90.726873, "activity_lines": [ 2.646881, 2.79503, 3.040588, 3.219592 ] }, { "date": "2026-07-17", "close": 2.51, "volume": 130626033, "typical_volume": 141465800.7, "trend": 3.372489, "fair_value": 3.21021, "relative_strength": -30.992776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.084663, "energy": 89.140011, "activity_lines": [ 2.585109, 2.717308, 2.969232, 3.161711 ] }, { "date": "2026-07-24", "close": 2.5, "volume": 125382879, "typical_volume": 131583370.05, "trend": 3.338489, "fair_value": 3.210662, "relative_strength": -30.71383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.371235, "energy": 68.697814, "activity_lines": [ 2.547228, 2.654859, 2.904067, 3.105421 ] }, { "date": "2026-07-31", "close": 2.65, "volume": 113661107, "typical_volume": 126078245.0, "trend": 3.307823, "fair_value": 3.210555, "relative_strength": -24.595547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.56041, "energy": 64.535348, "activity_lines": [ 2.57595, 2.63332, 2.859807, 3.061003 ] }, { "date": "2026-08-07", "close": 2.7, "volume": 129506706, "typical_volume": 122062429.35, "trend": 3.277823, "fair_value": 3.210643, "relative_strength": -26.191655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.549973, "energy": 58.5254, "activity_lines": [ 2.613333, 2.628871, 2.825737, 3.021788 ] } ], "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." } } }