{ "ticker": { "uuid": "6e329f0a-5b62-4032-8923-faadb9e98637", "symbol": "600369", "name": "Southwest Securities Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -13.513, "architecture_energy": 13.865, "architecture_maturity": 27.213, "architecture_confidence": 65.574, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 65.78, "rotation_up": 32.41, "upward_expansion": 25.01, "deceleration": 49.63, "rotation_down": 18.58, "downward_expansion": 44.67 }, "activity_lines": [ 4.108388, 4.061234, 4.05417, 4.113255 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 4.11, "trend_reference": 4.220126, "distance_from_trend": -0.026095, "trend_direction": "Weakening", "fair_value": 4.200534, "distance_from_fair_value": -0.021553, "fair_value_direction": "Weakening", "relative_strength": -6.180002, "relative_strength_direction": "Improving", "price_momentum": -0.10262, "excess_performance": -0.059416, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.026095, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.039638, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.021553, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.034051, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.0618, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.074812, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.10262, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.361536, "read": "Supply-led" } ], "volume": { "latest": 157955648, "relative_activity": 0.975784, "balance": 0.361536, "dry_up": 1.312359, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.046886, "annualized_volatility": 0.151694, "from_high_reference": -0.204683, "from_low_reference": 0.095792 }, "levels": { "trend_reference": 4.220126, "fair_value_reference": 4.200534, "structural_low": 3.750711, "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": 18, "median_return": 0.001235, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000731, "regime_survival": 0.444444, "best_return": 0.194805, "worst_return": -0.065327, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.037736, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.021322, "regime_survival": 0.333333, "best_return": 0.434621, "worst_return": -0.136986, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.043702, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.022122, "regime_survival": 0.285714, "best_return": 0.248964, "worst_return": -0.190332, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.076279, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.00132, "regime_survival": 0.0, "best_return": 0.105878, "worst_return": -0.155661, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.048, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.005571, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.099323, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-01-03", "tenure": "Established", "return": -0.039714, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": 0.025943, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-11", "tenure": "Established", "return": 0.130221, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": 0.077195, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": -0.042339, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-12-05", "tenure": "Developing", "return": -0.064583, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.011246, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.008772, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.048035, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-07-31", "tenure": "Established", "return": -0.018779, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.148486, "volume": 453934028, "typical_volume": 133682106.1, "trend": 3.722408, "fair_value": 4.258129, "relative_strength": 8.979183, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.591726, "energy": 34.645734, "activity_lines": [ 3.766042, 3.671423, 3.668644, 3.695188 ] }, { "date": "2023-08-04", "close": 4.697126, "volume": 2789484697, "typical_volume": 269216938.85, "trend": 3.758663, "fair_value": 4.256359, "relative_strength": 22.320044, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.787025, "energy": 80.34134, "activity_lines": [ 4.106135, 3.865503, 3.764897, 3.758073 ] }, { "date": "2023-08-11", "close": 4.417313, "volume": 1439784001, "typical_volume": 337059321.05, "trend": 3.78527, "fair_value": 4.252558, "relative_strength": 18.10253, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.435276, "energy": 90.737925, "activity_lines": [ 4.274029, 3.988933, 3.830009, 3.800567 ] }, { "date": "2023-08-18", "close": 4.388251, "volume": 745102224, "typical_volume": 369883957.35, "trend": 3.8077, "fair_value": 4.246087, "relative_strength": 18.944085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.013256, "energy": 88.198558, "activity_lines": [ 4.37453, 4.092391, 3.889423, 3.839469 ] }, { "date": "2023-08-25", "close": 4.213883, "volume": 448294878, "typical_volume": 388223875.25, "trend": 3.818222, "fair_value": 4.239622, "relative_strength": 16.350883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.175254, "energy": 84.862172, "activity_lines": [ 4.36114, 4.149635, 3.929163, 3.865674 ] }, { "date": "2023-09-01", "close": 4.029829, "volume": 641948137, "typical_volume": 415319028.2, "trend": 3.822609, "fair_value": 4.232391, "relative_strength": 8.570281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.408384, "energy": 49.438113, "activity_lines": [ 4.246745, 4.162251, 3.949505, 3.879326 ] }, { "date": "2023-09-08", "close": 4.078265, "volume": 245048446, "typical_volume": 415135666.75, "trend": 3.830214, "fair_value": 4.223874, "relative_strength": 10.176296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.676079, "energy": 32.409272, "activity_lines": [ 4.156407, 4.174106, 3.9731, 3.89582 ] }, { "date": "2023-09-15", "close": 4.078265, "volume": 215300735, "typical_volume": 417028338.0, "trend": 3.840065, "fair_value": 4.216658, "relative_strength": 9.914207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.167992, "energy": 21.881297, "activity_lines": [ 4.107326, 4.175687, 3.994279, 3.911823 ] }, { "date": "2023-09-22", "close": 4.146075, "volume": 208583317, "typical_volume": 420767084.0, "trend": 3.846723, "fair_value": 4.210586, "relative_strength": 10.934302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.226754, "energy": 22.017979, "activity_lines": [ 4.103451, 4.180024, 4.020097, 3.931566 ] }, { "date": "2023-09-29", "close": 3.991081, "volume": 187811329, "typical_volume": 414602252.9, "trend": 3.849497, "fair_value": 4.205532, "relative_strength": 7.292016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.974433, "energy": 19.077444, "activity_lines": [ 4.064057, 4.145373, 4.029514, 3.940879 ] }, { "date": "2023-10-13", "close": 3.981394, "volume": 141676970, "typical_volume": 414860695.7, "trend": 3.858365, "fair_value": 4.199883, "relative_strength": 7.582398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.533218, "energy": 17.064428, "activity_lines": [ 4.036288, 4.102198, 4.036971, 3.949389 ] }, { "date": "2023-10-20", "close": 4.029829, "volume": 242713848, "typical_volume": 421654193.9, "trend": 3.867564, "fair_value": 4.193539, "relative_strength": 12.395569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.654882, "energy": 15.186265, "activity_lines": [ 4.027892, 4.070867, 4.04782, 3.960451 ] }, { "date": "2023-10-27", "close": 3.981394, "volume": 224915287, "typical_volume": 427677019.2, "trend": 3.873545, "fair_value": 4.18795, "relative_strength": 9.557853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.964279, "energy": 12.16808, "activity_lines": [ 4.00658, 4.042863, 4.052054, 3.967795 ] }, { "date": "2023-11-03", "close": 3.913584, "volume": 203186231, "typical_volume": 432786535.3, "trend": 3.87919, "fair_value": 4.181216, "relative_strength": 7.176958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.594203, "energy": 10.104078, "activity_lines": [ 3.969123, 4.010455, 4.04806, 3.970378 ] }, { "date": "2023-11-10", "close": 4.087952, "volume": 317830804, "typical_volume": 443448063.6, "trend": 3.888081, "fair_value": 4.175245, "relative_strength": 11.454322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.247673, "energy": 11.168269, "activity_lines": [ 4.005289, 4.018381, 4.059131, 3.983846 ] }, { "date": "2023-11-17", "close": 4.078265, "volume": 200058581, "typical_volume": 450732918.6, "trend": 3.899216, "fair_value": 4.169862, "relative_strength": 10.387108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.647505, "energy": 13.746671, "activity_lines": [ 4.031767, 4.026835, 4.066956, 3.996116 ] }, { "date": "2023-11-24", "close": 4.020142, "volume": 166521871, "typical_volume": 455012266.65, "trend": 3.914188, "fair_value": 4.165822, "relative_strength": 9.103876, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 28.730049, "energy": 16.941621, "activity_lines": [ 4.032413, 4.023841, 4.066509, 4.003918 ] }, { "date": "2023-12-01", "close": 4.049203, "volume": 128625851, "typical_volume": 457866155.35, "trend": 3.925958, "fair_value": 4.160845, "relative_strength": 10.107226, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 30.793889, "energy": 19.818903, "activity_lines": [ 4.043391, 4.027187, 4.066416, 4.012629 ] }, { "date": "2023-12-08", "close": 4.087952, "volume": 233086660, "typical_volume": 466106323.7, "trend": 3.935491, "fair_value": 4.156589, "relative_strength": 13.21392, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.078377, "energy": 20.870128, "activity_lines": [ 4.062765, 4.038107, 4.067644, 4.02308 ] }, { "date": "2023-12-15", "close": 3.96202, "volume": 260412162, "typical_volume": 474716002.85, "trend": 3.941788, "fair_value": 4.150875, "relative_strength": 10.517276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.078318, "energy": 9.130035, "activity_lines": [ 4.028538, 4.027187, 4.054325, 4.024791 ] }, { "date": "2023-12-22", "close": 3.758591, "volume": 178334188, "typical_volume": 460936010.85, "trend": 3.942909, "fair_value": 4.143148, "relative_strength": 5.703702, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.823501, "energy": 28.189457, "activity_lines": [ 3.934896, 3.979809, 4.019999, 4.012972 ] }, { "date": "2023-12-29", "close": 3.96202, "volume": 207581040, "typical_volume": 331840828.0, "trend": 3.95466, "fair_value": 4.136251, "relative_strength": 8.929832, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.387246, "energy": 24.4755, "activity_lines": [ 3.930375, 3.973468, 4.006903, 4.014205 ] }, { "date": "2024-01-05", "close": 3.797339, "volume": 209706610, "typical_volume": 270336958.45, "trend": 3.960923, "fair_value": 4.130428, "relative_strength": 5.831854, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.095544, "energy": 43.918876, "activity_lines": [ 3.874836, 3.938418, 3.981625, 4.004056 ] }, { "date": "2024-01-12", "close": 3.739217, "volume": 156284565, "typical_volume": 240896075.5, "trend": 3.965889, "fair_value": 4.123819, "relative_strength": 5.70468, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.876718, "energy": 53.798235, "activity_lines": [ 3.816714, 3.896148, 3.953763, 3.989752 ] }, { "date": "2024-01-19", "close": 3.671407, "volume": 203469236, "typical_volume": 228654793.4, "trend": 3.968274, "fair_value": 4.117307, "relative_strength": 5.361077, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.880268, "energy": 55.583744, "activity_lines": [ 3.759237, 3.844718, 3.922533, 3.970753 ] }, { "date": "2024-01-26", "close": 3.807026, "volume": 293276109, "typical_volume": 211221192.0, "trend": 3.978389, "fair_value": 4.10989, "relative_strength": 6.085824, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.662631, "energy": 57.779167, "activity_lines": [ 3.76634, 3.82552, 3.906803, 3.96035 ] }, { "date": "2024-02-02", "close": 3.438917, "volume": 222230979, "typical_volume": 210080318.65, "trend": 3.975912, "fair_value": 4.099699, "relative_strength": 2.044262, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.076998, "energy": 69.643558, "activity_lines": [ 3.647512, 3.744324, 3.857076, 3.925545 ] }, { "date": "2024-02-09", "close": 3.836088, "volume": 337449653, "typical_volume": 216187764.55, "trend": 3.985391, "fair_value": 4.093415, "relative_strength": 8.195096, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.76364, "energy": 37.99207, "activity_lines": [ 3.695948, 3.74591, 3.84822, 3.916524 ] }, { "date": "2024-02-23", "close": 3.826401, "volume": 268329173, "typical_volume": 219175057.35, "trend": 3.994547, "fair_value": 4.087719, "relative_strength": 2.782424, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.855845, "energy": 30.090875, "activity_lines": [ 3.738571, 3.749608, 3.839593, 3.906267 ] }, { "date": "2024-03-01", "close": 4.117013, "volume": 884638758, "typical_volume": 254016428.8, "trend": 4.011144, "fair_value": 4.084891, "relative_strength": 9.462466, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.313364, "energy": 8.725826, "activity_lines": [ 3.872253, 3.810901, 3.860167, 3.914168 ] }, { "date": "2024-03-08", "close": 3.942646, "volume": 419200640, "typical_volume": 267892612.3, "trend": 4.004283, "fair_value": 4.082661, "relative_strength": 4.03335, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.342134, "energy": 17.581393, "activity_lines": [ 3.918105, 3.837673, 3.863534, 3.909749 ] }, { "date": "2024-03-15", "close": 3.96202, "volume": 281372395, "typical_volume": 269825539.65, "trend": 3.979779, "fair_value": 4.080437, "relative_strength": 4.051906, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.355523, "energy": 18.488246, "activity_lines": [ 3.961374, 3.864621, 3.868932, 3.907022 ] }, { "date": "2024-03-22", "close": 3.845775, "volume": 292544234, "typical_volume": 273206987.0, "trend": 3.960728, "fair_value": 4.076344, "relative_strength": 1.044012, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.761442, "energy": 14.03565, "activity_lines": [ 3.931021, 3.870433, 3.863581, 3.898377 ] }, { "date": "2024-03-29", "close": 3.758591, "volume": 173199060, "typical_volume": 271707628.45, "trend": 3.939739, "fair_value": 4.071988, "relative_strength": -1.147099, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.113597, "energy": 9.704662, "activity_lines": [ 3.870961, 3.859513, 3.850572, 3.885336 ] }, { "date": "2024-04-05", "close": 3.739217, "volume": 109833345, "typical_volume": 261307755.5, "trend": 3.923917, "fair_value": 4.067567, "relative_strength": -2.638841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.010641, "energy": 19.49978, "activity_lines": [ 3.808964, 3.844718, 3.836457, 3.872399 ] }, { "date": "2024-04-12", "close": 3.564849, "volume": 145586365, "typical_volume": 258584144.7, "trend": 3.908418, "fair_value": 4.062856, "relative_strength": -5.700487, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.177589, "energy": 44.443071, "activity_lines": [ 3.71403, 3.796987, 3.807395, 3.849233 ] }, { "date": "2024-04-19", "close": 3.642346, "volume": 213035886, "typical_volume": 260909845.45, "trend": 3.893887, "fair_value": 4.058701, "relative_strength": -5.147887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.521514, "energy": 50.467509, "activity_lines": [ 3.670116, 3.76775, 3.78816, 3.832067 ] }, { "date": "2024-04-26", "close": 3.807026, "volume": 193316788, "typical_volume": 264144392.3, "trend": 3.884846, "fair_value": 4.055188, "relative_strength": -1.776959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.027603, "energy": 44.328343, "activity_lines": [ 3.702406, 3.764755, 3.786407, 3.826463 ] }, { "date": "2024-05-03", "close": 3.845775, "volume": 148541384, "typical_volume": 259917128.5, "trend": 3.874836, "fair_value": 4.05216, "relative_strength": -1.531408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.34659, "energy": 27.029348, "activity_lines": [ 3.750195, 3.769335, 3.789497, 3.823942 ] }, { "date": "2024-05-10", "close": 3.874836, "volume": 187907230, "typical_volume": 256291881.9, "trend": 3.870961, "fair_value": 4.048963, "relative_strength": -2.524197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.049549, "energy": 11.25158, "activity_lines": [ 3.80186, 3.778846, 3.796509, 3.823942 ] }, { "date": "2024-05-17", "close": 3.923272, "volume": 276600420, "typical_volume": 261205193.5, "trend": 3.869024, "fair_value": 4.046549, "relative_strength": -1.445391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.983452, "energy": 16.272418, "activity_lines": [ 3.860628, 3.801567, 3.808549, 3.827317 ] }, { "date": "2024-05-24", "close": 3.700468, "volume": 205643060, "typical_volume": 261108294.5, "trend": 3.858045, "fair_value": 4.043063, "relative_strength": -5.146555, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.728755, "energy": 19.030021, "activity_lines": [ 3.821234, 3.78413, 3.798585, 3.816443 ] }, { "date": "2024-05-31", "close": 3.729529, "volume": 113423630, "typical_volume": 256294145.5, "trend": 3.84965, "fair_value": 4.040354, "relative_strength": -4.445238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.088799, "energy": 15.220915, "activity_lines": [ 3.787652, 3.776732, 3.792634, 3.808151 ] }, { "date": "2024-06-07", "close": 3.627861, "volume": 126136888, "typical_volume": 254786761.65, "trend": 3.840125, "fair_value": 4.036757, "relative_strength": -6.061061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.054431, "energy": 41.940216, "activity_lines": [ 3.725347, 3.752963, 3.777324, 3.793842 ] }, { "date": "2024-06-14", "close": 3.666975, "volume": 97285599, "typical_volume": 249477579.8, "trend": 3.826093, "fair_value": 4.032109, "relative_strength": -4.597389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.931722, "energy": 50.501554, "activity_lines": [ 3.690608, 3.738683, 3.766269, 3.782671 ] }, { "date": "2024-06-21", "close": 3.63764, "volume": 101275311, "typical_volume": 239877539.9, "trend": 3.811405, "fair_value": 4.027628, "relative_strength": -4.420016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.096744, "energy": 59.468807, "activity_lines": [ 3.659947, 3.720382, 3.752441, 3.770513 ] }, { "date": "2024-06-28", "close": 3.500739, "volume": 126821732, "typical_volume": 235107077.55, "trend": 3.794092, "fair_value": 4.020791, "relative_strength": -7.176886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.128738, "energy": 73.02841, "activity_lines": [ 3.602695, 3.675867, 3.726381, 3.75047 ] }, { "date": "2024-07-05", "close": 3.500739, "volume": 89011630, "typical_volume": 222685176.4, "trend": 3.77581, "fair_value": 4.01218, "relative_strength": -6.755741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.79648, "energy": 71.977543, "activity_lines": [ 3.558759, 3.633926, 3.700028, 3.731544 ] }, { "date": "2024-07-12", "close": 3.549632, "volume": 118744171, "typical_volume": 215205926.3, "trend": 3.757866, "fair_value": 4.00471, "relative_strength": -6.271218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.029854, "energy": 65.483695, "activity_lines": [ 3.546373, 3.606444, 3.679927, 3.716952 ] }, { "date": "2024-07-19", "close": 3.588747, "volume": 102696382, "typical_volume": 176108807.5, "trend": 3.745423, "fair_value": 3.998792, "relative_strength": -5.719582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.251155, "energy": 58.812235, "activity_lines": [ 3.55224, 3.591458, 3.66487, 3.706041 ] }, { "date": "2024-07-26", "close": 3.647418, "volume": 132356056, "typical_volume": 161766578.3, "trend": 3.741718, "fair_value": 3.992895, "relative_strength": -1.392981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.117004, "energy": 38.03825, "activity_lines": [ 3.582879, 3.592341, 3.657916, 3.699718 ] }, { "date": "2024-08-02", "close": 3.784319, "volume": 234124735, "typical_volume": 159404195.3, "trend": 3.735794, "fair_value": 3.989118, "relative_strength": 1.555278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.304908, "energy": 13.00971, "activity_lines": [ 3.658501, 3.623131, 3.665406, 3.702467 ] }, { "date": "2024-08-09", "close": 3.725647, "volume": 140159743, "typical_volume": 151784970.75, "trend": 3.733405, "fair_value": 3.98526, "relative_strength": 1.434126, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.149307, "energy": 18.168712, "activity_lines": [ 3.695659, 3.641729, 3.668155, 3.701812 ] }, { "date": "2024-08-16", "close": 3.715868, "volume": 111159302, "typical_volume": 148682982.85, "trend": 3.732626, "fair_value": 3.981165, "relative_strength": 0.770769, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.408433, "energy": 20.377256, "activity_lines": [ 3.714565, 3.658619, 3.670544, 3.700681 ] }, { "date": "2024-08-23", "close": 3.618082, "volume": 91472609, "typical_volume": 147764946.05, "trend": 3.730849, "fair_value": 3.975658, "relative_strength": -0.844624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.209325, "energy": 20.340492, "activity_lines": [ 3.689792, 3.65613, 3.663824, 3.693291 ] }, { "date": "2024-08-30", "close": 3.666975, "volume": 114356841, "typical_volume": 146203469.85, "trend": 3.72618, "fair_value": 3.971732, "relative_strength": 1.093768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.7789, "energy": 8.991273, "activity_lines": [ 3.679361, 3.663419, 3.662337, 3.68917 ] }, { "date": "2024-09-06", "close": 3.490961, "volume": 200351381, "typical_volume": 145569244.6, "trend": 3.727915, "fair_value": 3.966679, "relative_strength": -0.931188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.948715, "energy": 31.202553, "activity_lines": [ 3.608956, 3.638173, 3.6436, 3.673994 ] }, { "date": "2024-09-13", "close": 3.510518, "volume": 151992979, "typical_volume": 143503054.15, "trend": 3.717063, "fair_value": 3.961268, "relative_strength": 1.879009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.616371, "energy": 45.554012, "activity_lines": [ 3.564626, 3.61666, 3.627447, 3.659969 ] }, { "date": "2024-09-20", "close": 3.530075, "volume": 76800508, "typical_volume": 139916010.35, "trend": 3.707185, "fair_value": 3.95151, "relative_strength": 1.250146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.980104, "energy": 51.045035, "activity_lines": [ 3.541157, 3.598525, 3.614569, 3.647905 ] }, { "date": "2024-09-27", "close": 4.33192, "volume": 512547311, "typical_volume": 156148014.4, "trend": 3.714349, "fair_value": 3.948826, "relative_strength": 9.977617, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.355674, "energy": 36.940768, "activity_lines": [ 3.797357, 3.726536, 3.67956, 3.68821 ] }, { "date": "2024-10-04", "close": 4.762179, "volume": 217510787, "typical_volume": 153193532.75, "trend": 3.741667, "fair_value": 3.947934, "relative_strength": 11.704721, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.831416, "energy": 86.818718, "activity_lines": [ 4.149386, 3.919263, 3.783351, 3.755812 ] }, { "date": "2024-10-11", "close": 4.468822, "volume": 921541533, "typical_volume": 188988456.4, "trend": 3.75856, "fair_value": 3.943228, "relative_strength": 8.519702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.978307, "energy": 83.810587, "activity_lines": [ 4.330617, 4.038385, 3.855209, 3.802726 ] }, { "date": "2024-10-18", "close": 4.605721, "volume": 771575642, "typical_volume": 221896057.0, "trend": 3.783892, "fair_value": 3.940426, "relative_strength": 10.137976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.701, "energy": 86.391353, "activity_lines": [ 4.49229, 4.169951, 3.936446, 3.857381 ] }, { "date": "2024-10-25", "close": 4.674468, "volume": 533199595, "typical_volume": 242249192.35, "trend": 3.814421, "fair_value": 3.938367, "relative_strength": 10.381178, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.244342, "energy": 87.047905, "activity_lines": [ 4.603865, 4.298016, 4.020058, 3.914838 ] }, { "date": "2024-11-01", "close": 4.654868, "volume": 522913893, "typical_volume": 263530607.05, "trend": 3.844943, "fair_value": 3.93733, "relative_strength": 10.677073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.668746, "energy": 77.380738, "activity_lines": [ 4.632613, 4.405088, 4.096819, 3.96906 ] }, { "date": "2024-11-08", "close": 5.125254, "volume": 820386318, "typical_volume": 299486157.4, "trend": 3.896956, "fair_value": 3.938947, "relative_strength": 15.164434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.074926, "energy": 76.321896, "activity_lines": [ 4.796627, 4.578834, 4.213675, 4.051661 ] }, { "date": "2024-11-15", "close": 4.703866, "volume": 412945410, "typical_volume": 313792341.3, "trend": 3.93234, "fair_value": 3.938768, "relative_strength": 9.444199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.18582, "energy": 57.73364, "activity_lines": [ 4.795974, 4.64945, 4.283315, 4.10372 ] }, { "date": "2024-11-22", "close": 4.55687, "volume": 344672785, "typical_volume": 326575399.05, "trend": 3.957335, "fair_value": 3.937647, "relative_strength": 7.990041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.672291, "energy": 50.406356, "activity_lines": [ 4.730652, 4.671286, 4.333226, 4.144012 ] }, { "date": "2024-11-29", "close": 4.733265, "volume": 321645267, "typical_volume": 336720453.85, "trend": 3.986918, "fair_value": 3.938926, "relative_strength": 10.006565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.546094, "energy": 46.562735, "activity_lines": [ 4.727385, 4.70617, 4.394908, 4.194072 ] }, { "date": "2024-12-06", "close": 5.008205, "volume": 405593528, "typical_volume": 351865311.15, "trend": 4.024697, "fair_value": 3.942571, "relative_strength": 13.513586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.315165, "energy": 45.367557, "activity_lines": [ 4.811845, 4.769167, 4.477137, 4.259961 ] }, { "date": "2024-12-13", "close": 5.037665, "volume": 692620065, "typical_volume": 379878511.6, "trend": 4.061843, "fair_value": 3.94562, "relative_strength": 14.407593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.49457, "energy": 44.141645, "activity_lines": [ 4.88257, 4.825224, 4.555413, 4.325314 ] }, { "date": "2024-12-20", "close": 4.880545, "volume": 315145748, "typical_volume": 383929562.25, "trend": 4.101179, "fair_value": 3.947661, "relative_strength": 11.45344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.513971, "energy": 41.398367, "activity_lines": [ 4.90676, 4.847705, 4.612106, 4.378134 ] }, { "date": "2024-12-27", "close": 4.851085, "volume": 264227545, "typical_volume": 390132952.35, "trend": 4.138564, "fair_value": 3.949333, "relative_strength": 9.513411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.751504, "energy": 42.270702, "activity_lines": [ 4.909352, 4.857343, 4.660772, 4.426515 ] }, { "date": "2025-01-03", "close": 4.291345, "volume": 264065757, "typical_volume": 397778275.1, "trend": 4.16068, "fair_value": 3.946872, "relative_strength": 2.563257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.861874, "energy": 20.9008, "activity_lines": [ 4.705749, 4.76075, 4.65077, 4.436371 ] }, { "date": "2025-01-10", "close": 4.163684, "volume": 188856676, "typical_volume": 402647478.45, "trend": 4.177237, "fair_value": 3.942687, "relative_strength": 0.833347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.174058, "energy": 15.39964, "activity_lines": [ 4.489054, 4.647911, 4.62587, 4.436565 ] }, { "date": "2025-01-17", "close": 4.320805, "volume": 196404287, "typical_volume": 406749850.75, "trend": 4.20001, "fair_value": 3.939026, "relative_strength": 2.219167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.842911, "energy": 19.344152, "activity_lines": [ 4.381034, 4.57257, 4.613336, 4.445828 ] }, { "date": "2025-01-24", "close": 4.389544, "volume": 183804631, "typical_volume": 405922513.25, "trend": 4.229636, "fair_value": 3.936288, "relative_strength": 3.419145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.061312, "energy": 22.350242, "activity_lines": [ 4.343718, 4.524354, 4.604235, 4.458056 ] }, { "date": "2025-01-31", "close": 4.281525, "volume": 33794500, "typical_volume": 400012589.3, "trend": 4.255663, "fair_value": 3.931771, "relative_strength": 0.923644, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.467448, "energy": 22.130488, "activity_lines": [ 4.303129, 4.462213, 4.580567, 4.461403 ] }, { "date": "2025-02-07", "close": 4.448464, "volume": 140882269, "typical_volume": 403216677.35, "trend": 4.285624, "fair_value": 3.92917, "relative_strength": 3.042425, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.547597, "energy": 18.938189, "activity_lines": [ 4.356156, 4.435431, 4.569127, 4.473842 ] }, { "date": "2025-02-14", "close": 4.497564, "volume": 209941150, "typical_volume": 388086369.3, "trend": 4.315918, "fair_value": 3.927608, "relative_strength": 2.831351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.895537, "energy": 9.49664, "activity_lines": [ 4.415076, 4.422754, 4.55799, 4.487516 ] }, { "date": "2025-02-21", "close": 4.507385, "volume": 226393342, "typical_volume": 388530497.05, "trend": 4.344583, "fair_value": 3.925626, "relative_strength": 1.977314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.374215, "energy": 10.614274, "activity_lines": [ 4.455011, 4.421147, 4.546999, 4.499868 ] }, { "date": "2025-02-28", "close": 4.369905, "volume": 396305595, "typical_volume": 362268700.15, "trend": 4.364103, "fair_value": 3.924757, "relative_strength": 0.665482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.930752, "energy": 10.987102, "activity_lines": [ 4.436681, 4.404185, 4.524129, 4.501502 ] }, { "date": "2025-03-07", "close": 4.360085, "volume": 267088008, "typical_volume": 337044318.45, "trend": 4.385251, "fair_value": 3.922979, "relative_strength": -1.096666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.679826, "energy": 5.690112, "activity_lines": [ 4.416386, 4.394722, 4.500794, 4.501243 ] }, { "date": "2025-03-14", "close": 4.497564, "volume": 224578763, "typical_volume": 321613276.85, "trend": 4.411307, "fair_value": 3.922505, "relative_strength": 0.59224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.892846, "energy": 7.476181, "activity_lines": [ 4.436681, 4.419183, 4.491722, 4.508489 ] }, { "date": "2025-03-21", "close": 4.350264, "volume": 191297938, "typical_volume": 305032479.1, "trend": 4.435713, "fair_value": 3.921993, "relative_strength": -1.164924, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.95539, "energy": 16.936693, "activity_lines": [ 4.404602, 4.413112, 4.469464, 4.504551 ] }, { "date": "2025-03-28", "close": 4.350264, "volume": 133085538, "typical_volume": 270667440.1, "trend": 4.458489, "fair_value": 3.921239, "relative_strength": -0.856699, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.473278, "energy": 21.392351, "activity_lines": [ 4.382343, 4.403649, 4.448656, 4.499038 ] }, { "date": "2025-04-04", "close": 4.271704, "volume": 113105940, "typical_volume": 255675466.6, "trend": 4.484514, "fair_value": 3.921916, "relative_strength": -2.462062, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.034449, "energy": 37.252083, "activity_lines": [ 4.344372, 4.379367, 4.424057, 4.486987 ] }, { "date": "2025-04-11", "close": 3.996745, "volume": 251362052, "typical_volume": 251009929.95, "trend": 4.500722, "fair_value": 3.92089, "relative_strength": -5.889635, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.85658, "energy": 70.102252, "activity_lines": [ 4.221295, 4.307235, 4.375329, 4.455518 ] }, { "date": "2025-04-18", "close": 4.045845, "volume": 120429930, "typical_volume": 240949163.1, "trend": 4.517914, "fair_value": 3.921206, "relative_strength": -5.916997, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.268701, "energy": 75.465429, "activity_lines": [ 4.138807, 4.249208, 4.333945, 4.426171 ] }, { "date": "2025-04-25", "close": 4.085124, "volume": 130241528, "typical_volume": 227181563.1, "trend": 4.509688, "fair_value": 3.920566, "relative_strength": -5.541989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.332041, "energy": 76.279895, "activity_lines": [ 4.099527, 4.205643, 4.299575, 4.398249 ] }, { "date": "2025-05-02", "close": 4.045845, "volume": 64758823, "typical_volume": 195788501.0, "trend": 4.48581, "fair_value": 3.919975, "relative_strength": -5.986311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.482136, "energy": 77.192526, "activity_lines": [ 4.06483, 4.162435, 4.265859, 4.368324 ] }, { "date": "2025-05-09", "close": 4.075305, "volume": 119941893, "typical_volume": 186028308.25, "trend": 4.472693, "fair_value": 3.919816, "relative_strength": -7.073861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.600997, "energy": 68.213556, "activity_lines": [ 4.060247, 4.132975, 4.239673, 4.34184 ] }, { "date": "2025-05-16", "close": 4.104764, "volume": 198173403, "typical_volume": 182725601.15, "trend": 4.455994, "fair_value": 3.920993, "relative_strength": -7.075896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.692934, "energy": 46.163872, "activity_lines": [ 4.078578, 4.114227, 4.220126, 4.318103 ] }, { "date": "2025-05-23", "close": 4.055665, "volume": 107725132, "typical_volume": 174908569.9, "trend": 4.435367, "fair_value": 3.924453, "relative_strength": -7.681872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.106819, "energy": 44.465918, "activity_lines": [ 4.073341, 4.091195, 4.199457, 4.292275 ] }, { "date": "2025-05-30", "close": 4.075305, "volume": 104768390, "typical_volume": 170704155.6, "trend": 4.416049, "fair_value": 3.929248, "relative_strength": -7.222809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.368836, "energy": 40.310084, "activity_lines": [ 4.073995, 4.079768, 4.181781, 4.269045 ] }, { "date": "2025-06-06", "close": 4.144044, "volume": 112941741, "typical_volume": 166531028.3, "trend": 4.383342, "fair_value": 3.933819, "relative_strength": -6.761312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.484604, "energy": 31.500258, "activity_lines": [ 4.098218, 4.085839, 4.171073, 4.251496 ] }, { "date": "2025-06-13", "close": 4.153864, "volume": 163055965, "typical_volume": 165493595.0, "trend": 4.365008, "fair_value": 3.938151, "relative_strength": -6.337591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.916907, "energy": 27.35872, "activity_lines": [ 4.119167, 4.097444, 4.162141, 4.236691 ] }, { "date": "2025-06-20", "close": 4.055665, "volume": 138007016, "typical_volume": 170704220.8, "trend": 4.348301, "fair_value": 3.941853, "relative_strength": -8.077987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.221657, "energy": 28.011622, "activity_lines": [ 4.102146, 4.093338, 4.14498, 4.216734 ] }, { "date": "2025-06-27", "close": 4.340445, "volume": 343349309, "typical_volume": 180827572.8, "trend": 4.335207, "fair_value": 3.946656, "relative_strength": -3.595664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.628467, "energy": 12.387085, "activity_lines": [ 4.183325, 4.139938, 4.156016, 4.216227 ] }, { "date": "2025-07-04", "close": 4.291345, "volume": 184047360, "typical_volume": 179532883.3, "trend": 4.311312, "fair_value": 3.950298, "relative_strength": -6.073844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.639231, "energy": 11.71992, "activity_lines": [ 4.229151, 4.172255, 4.16289, 4.213397 ] }, { "date": "2025-07-11", "close": 4.517205, "volume": 282211575, "typical_volume": 182323794.95, "trend": 4.293963, "fair_value": 3.954603, "relative_strength": -2.328378, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.109292, "energy": 36.57784, "activity_lines": [ 4.335862, 4.241888, 4.192256, 4.22668 ] }, { "date": "2025-07-18", "close": 4.409184, "volume": 231625830, "typical_volume": 174089806.7, "trend": 4.278251, "fair_value": 3.958577, "relative_strength": -5.380575, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.602659, "energy": 45.562698, "activity_lines": [ 4.381689, 4.28331, 4.211288, 4.234114 ] }, { "date": "2025-07-25", "close": 4.605585, "volume": 313690793, "typical_volume": 176419945.95, "trend": 4.270068, "fair_value": 3.964475, "relative_strength": -2.821462, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.077162, "energy": 64.536854, "activity_lines": [ 4.475961, 4.354371, 4.248838, 4.255232 ] }, { "date": "2025-08-01", "close": 4.428825, "volume": 250214581, "typical_volume": 177701736.85, "trend": 4.274651, "fair_value": 3.969542, "relative_strength": -5.585916, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.877825, "energy": 59.24469, "activity_lines": [ 4.474651, 4.384188, 4.268385, 4.265475 ] }, { "date": "2025-08-08", "close": 4.487745, "volume": 189865608, "typical_volume": 177630120.35, "trend": 4.285453, "fair_value": 3.975913, "relative_strength": -6.216478, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.865733, "energy": 46.865519, "activity_lines": [ 4.48709, 4.417934, 4.29387, 4.279223 ] }, { "date": "2025-08-15", "close": 4.749552, "volume": 354394170, "typical_volume": 188695551.95, "trend": 4.299744, "fair_value": 3.982789, "relative_strength": -2.392239, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.348422, "energy": 71.628652, "activity_lines": [ 4.573705, 4.491781, 4.343634, 4.309165 ] }, { "date": "2025-08-22", "close": 4.938737, "volume": 645608786, "typical_volume": 215320694.25, "trend": 4.318051, "fair_value": 3.990878, "relative_strength": -1.95976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.82485, "energy": 74.576973, "activity_lines": [ 4.707891, 4.589017, 4.409515, 4.35039 ] }, { "date": "2025-08-29", "close": 4.85908, "volume": 432195589, "typical_volume": 224362371.1, "trend": 4.337302, "fair_value": 3.998642, "relative_strength": -4.302466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.898262, "energy": 76.439911, "activity_lines": [ 4.780221, 4.657499, 4.464633, 4.385295 ] }, { "date": "2025-09-05", "close": 4.739595, "volume": 271148503, "typical_volume": 231898299.75, "trend": 4.347007, "fair_value": 4.004529, "relative_strength": -5.51754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.574239, "energy": 70.518204, "activity_lines": [ 4.795824, 4.689649, 4.504266, 4.411249 ] }, { "date": "2025-09-12", "close": 4.839166, "volume": 243275326, "typical_volume": 237549989.65, "trend": 4.358394, "fair_value": 4.011547, "relative_strength": -4.913564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.446992, "energy": 59.281566, "activity_lines": [ 4.823898, 4.732645, 4.550077, 4.443002 ] }, { "date": "2025-09-19", "close": 4.709723, "volume": 247454774, "typical_volume": 246684787.2, "trend": 4.365138, "fair_value": 4.01786, "relative_strength": -6.155252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.286596, "energy": 44.694999, "activity_lines": [ 4.785397, 4.742146, 4.57997, 4.465668 ] }, { "date": "2025-09-26", "close": 4.630066, "volume": 161966177, "typical_volume": 248786001.4, "trend": 4.37381, "fair_value": 4.023415, "relative_strength": -7.674112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.158939, "energy": 32.271517, "activity_lines": [ 4.722999, 4.733664, 4.599116, 4.48276 ] }, { "date": "2025-10-03", "close": 4.729638, "volume": 116475649, "typical_volume": 244701113.7, "trend": 4.386129, "fair_value": 4.029362, "relative_strength": -6.73012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.596566, "energy": 27.870922, "activity_lines": [ 4.71437, 4.739269, 4.625102, 4.505717 ] }, { "date": "2025-10-10", "close": 4.78938, "volume": 93995829, "typical_volume": 244014648.55, "trend": 4.395856, "fair_value": 4.037234, "relative_strength": -5.67539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.397674, "energy": 27.411545, "activity_lines": [ 4.734284, 4.753481, 4.653803, 4.531733 ] }, { "date": "2025-10-17", "close": 4.639712, "volume": 183277331, "typical_volume": 247940095.6, "trend": 4.405504, "fair_value": 4.044023, "relative_strength": -6.980282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.229542, "energy": 22.464559, "activity_lines": [ 4.70099, 4.733926, 4.664756, 4.547466 ] }, { "date": "2025-10-24", "close": 4.809336, "volume": 159426971, "typical_volume": 250264357.1, "trend": 4.420806, "fair_value": 4.052208, "relative_strength": -6.000901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.771028, "energy": 28.929897, "activity_lines": [ 4.737534, 4.742448, 4.689176, 4.573519 ] }, { "date": "2025-10-31", "close": 4.729513, "volume": 240750509, "typical_volume": 254149084.3, "trend": 4.436067, "fair_value": 4.058894, "relative_strength": -7.353821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.071974, "energy": 28.487512, "activity_lines": [ 4.74083, 4.73537, 4.702825, 4.593436 ] }, { "date": "2025-11-07", "close": 4.709557, "volume": 151336132, "typical_volume": 254815540.1, "trend": 4.459827, "fair_value": 4.064527, "relative_strength": -8.313041, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.604935, "energy": 24.254967, "activity_lines": [ 4.730843, 4.728467, 4.711833, 4.611081 ] }, { "date": "2025-11-14", "close": 4.709557, "volume": 162219388, "typical_volume": 245759044.05, "trend": 4.481951, "fair_value": 4.07164, "relative_strength": -7.830608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.382387, "energy": 21.958984, "activity_lines": [ 4.722196, 4.724283, 4.717727, 4.627192 ] }, { "date": "2025-11-21", "close": 4.430177, "volume": 177740701, "typical_volume": 245443711.1, "trend": 4.493453, "fair_value": 4.076469, "relative_strength": -9.454652, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.430935, "energy": 10.046559, "activity_lines": [ 4.625743, 4.669849, 4.695256, 4.623852 ] }, { "date": "2025-11-28", "close": 4.420199, "volume": 176191385, "typical_volume": 240142701.6, "trend": 4.505931, "fair_value": 4.080802, "relative_strength": -10.520266, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.259095, "energy": 26.658119, "activity_lines": [ 4.539933, 4.621037, 4.671173, 4.619126 ] }, { "date": "2025-12-05", "close": 4.480066, "volume": 131561094, "typical_volume": 235139464.8, "trend": 4.519423, "fair_value": 4.084409, "relative_strength": -9.194153, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.057432, "energy": 45.719297, "activity_lines": [ 4.500022, 4.588374, 4.653254, 4.617457 ] }, { "date": "2025-12-12", "close": 4.430177, "volume": 184342919, "typical_volume": 228672071.1, "trend": 4.53027, "fair_value": 4.088436, "relative_strength": -9.417535, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.028511, "energy": 55.289688, "activity_lines": [ 4.46011, 4.549367, 4.630246, 4.611699 ] }, { "date": "2025-12-19", "close": 4.450133, "volume": 160703207, "typical_volume": 224196502.4, "trend": 4.543419, "fair_value": 4.09222, "relative_strength": -8.608708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.305837, "energy": 52.556388, "activity_lines": [ 4.445476, 4.519433, 4.609974, 4.606529 ] }, { "date": "2025-12-26", "close": 4.559889, "volume": 156904152, "typical_volume": 222548429.6, "trend": 4.559572, "fair_value": 4.096647, "relative_strength": -7.692932, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.188175, "energy": 29.619308, "activity_lines": [ 4.484723, 4.515624, 4.600054, 4.607592 ] }, { "date": "2026-01-02", "close": 4.48, "volume": 82896677, "typical_volume": 208973554.95, "trend": 4.570771, "fair_value": 4.101178, "relative_strength": -9.137186, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.065884, "energy": 26.651597, "activity_lines": [ 4.488692, 4.49874, 4.582181, 4.602458 ] }, { "date": "2026-01-09", "close": 4.56, "volume": 278076787, "typical_volume": 190596955.0, "trend": 4.584308, "fair_value": 4.107457, "relative_strength": -10.630147, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.583154, "energy": 13.438027, "activity_lines": [ 4.515341, 4.50239, 4.573211, 4.601763 ] }, { "date": "2026-01-16", "close": 4.52, "volume": 337610282, "typical_volume": 185867689.65, "trend": 4.599786, "fair_value": 4.113293, "relative_strength": -10.694042, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.771031, "energy": 18.551816, "activity_lines": [ 4.523327, 4.501849, 4.562235, 4.597614 ] }, { "date": "2026-01-23", "close": 4.6, "volume": 207485181, "typical_volume": 182684523.55, "trend": 4.608438, "fair_value": 4.119581, "relative_strength": -9.531291, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -31.112467, "energy": 16.585384, "activity_lines": [ 4.551993, 4.5193, 4.560493, 4.597628 ] }, { "date": "2026-01-30", "close": 4.58, "volume": 289709315, "typical_volume": 185006223.0, "trend": 4.61806, "fair_value": 4.125124, "relative_strength": -9.235186, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.277482, "energy": 17.462643, "activity_lines": [ 4.564, 4.535106, 4.55751, 4.595793 ] }, { "date": "2026-02-06", "close": 4.61, "volume": 293894768, "typical_volume": 187328222.7, "trend": 4.621153, "fair_value": 4.129686, "relative_strength": -7.154134, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.105053, "energy": 14.647243, "activity_lines": [ 4.584667, 4.553643, 4.558619, 4.595273 ] }, { "date": "2026-02-13", "close": 4.51, "volume": 164007476, "typical_volume": 187430287.65, "trend": 4.624514, "fair_value": 4.133608, "relative_strength": -9.193272, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.436781, "energy": 16.109082, "activity_lines": [ 4.563333, 4.550547, 4.550679, 4.588102 ] }, { "date": "2026-02-27", "close": 4.56, "volume": 178795716, "typical_volume": 190546291.0, "trend": 4.622994, "fair_value": 4.138159, "relative_strength": -9.628109, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.997848, "energy": 8.965955, "activity_lines": [ 4.562, 4.555998, 4.548073, 4.58394 ] }, { "date": "2026-03-06", "close": 4.37, "volume": 256198295, "typical_volume": 198656414.3, "trend": 4.621033, "fair_value": 4.141923, "relative_strength": -12.224291, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.89033, "energy": 31.639633, "activity_lines": [ 4.494667, 4.524543, 4.528179, 4.567618 ] }, { "date": "2026-03-13", "close": 4.36, "volume": 179929674, "typical_volume": 198489031.45, "trend": 4.616775, "fair_value": 4.144575, "relative_strength": -11.488668, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.757726, "energy": 53.635142, "activity_lines": [ 4.439333, 4.492727, 4.50933, 4.550777 ] }, { "date": "2026-03-20", "close": 4.26, "volume": 181207457, "typical_volume": 199578055.75, "trend": 4.600457, "fair_value": 4.146832, "relative_strength": -10.151239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.660001, "energy": 67.746137, "activity_lines": [ 4.365333, 4.446364, 4.482289, 4.527759 ] }, { "date": "2026-03-27", "close": 4.27, "volume": 237339568, "typical_volume": 199407508.7, "trend": 4.578165, "fair_value": 4.150388, "relative_strength": -8.647353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.632227, "energy": 70.119231, "activity_lines": [ 4.318, 4.405818, 4.458816, 4.506439 ] }, { "date": "2026-04-03", "close": 4.09, "volume": 196183237, "typical_volume": 201649863.95, "trend": 4.552529, "fair_value": 4.152542, "relative_strength": -11.391836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.959097, "energy": 79.130711, "activity_lines": [ 4.226667, 4.337818, 4.420389, 4.474945 ] }, { "date": "2026-04-10", "close": 4.24, "volume": 169026564, "typical_volume": 201990222.75, "trend": 4.535876, "fair_value": 4.15535, "relative_strength": -10.276599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.741071, "energy": 67.833242, "activity_lines": [ 4.216667, 4.304909, 4.399198, 4.454782 ] }, { "date": "2026-04-17", "close": 4.23, "volume": 132319538, "typical_volume": 199719164.6, "trend": 4.515571, "fair_value": 4.158464, "relative_strength": -11.656212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.843716, "energy": 57.92013, "activity_lines": [ 4.212, 4.276727, 4.37929, 4.435048 ] }, { "date": "2026-04-24", "close": 4.15, "volume": 122700086, "typical_volume": 197044599.65, "trend": 4.496913, "fair_value": 4.160572, "relative_strength": -13.62619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.26945, "energy": 58.14395, "activity_lines": [ 4.189333, 4.240364, 4.352716, 4.411462 ] }, { "date": "2026-05-01", "close": 4.24, "volume": 134070630, "typical_volume": 197170076.45, "trend": 4.483911, "fair_value": 4.16375, "relative_strength": -12.145922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.517426, "energy": 40.52308, "activity_lines": [ 4.204, 4.228727, 4.336001, 4.394887 ] }, { "date": "2026-05-08", "close": 4.22, "volume": 117098783, "typical_volume": 193807869.65, "trend": 4.466923, "fair_value": 4.16791, "relative_strength": -13.661214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.871528, "energy": 36.942016, "activity_lines": [ 4.214, 4.218364, 4.318523, 4.377861 ] }, { "date": "2026-05-15", "close": 4.07, "volume": 232922189, "typical_volume": 197418818.75, "trend": 4.442944, "fair_value": 4.170307, "relative_strength": -15.505913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.156479, "energy": 44.452117, "activity_lines": [ 4.165333, 4.186909, 4.287761, 4.352253 ] }, { "date": "2026-05-22", "close": 4.01, "volume": 234896429, "typical_volume": 201318432.6, "trend": 4.421953, "fair_value": 4.17164, "relative_strength": -15.957793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.225981, "energy": 47.239029, "activity_lines": [ 4.108, 4.15, 4.253095, 4.324321 ] }, { "date": "2026-05-29", "close": 3.98, "volume": 221994887, "typical_volume": 208273343.1, "trend": 4.394309, "fair_value": 4.172967, "relative_strength": -15.350739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.744407, "energy": 59.653462, "activity_lines": [ 4.055333, 4.114, 4.21819, 4.295808 ] }, { "date": "2026-06-05", "close": 3.92, "volume": 29104288, "typical_volume": 195824718.15, "trend": 4.367325, "fair_value": 4.174217, "relative_strength": -15.43803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.729339, "energy": 75.584412, "activity_lines": [ 3.994, 4.072182, 4.179952, 4.265207 ] }, { "date": "2026-06-12", "close": 3.917628, "volume": 62882429, "typical_volume": 182088325.5, "trend": 4.340928, "fair_value": 4.176192, "relative_strength": -15.21085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.005836, "energy": 73.404185, "activity_lines": [ 3.953209, 4.036296, 4.144536, 4.236195 ] }, { "date": "2026-06-19", "close": 3.878353, "volume": 184602944, "typical_volume": 180944213.65, "trend": 4.313221, "fair_value": 4.177916, "relative_strength": -16.877746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.556894, "energy": 70.470075, "activity_lines": [ 3.919485, 3.996403, 4.108248, 4.206351 ] }, { "date": "2026-06-26", "close": 3.937265, "volume": 68036162, "typical_volume": 169860556.0, "trend": 4.29679, "fair_value": 4.18014, "relative_strength": -13.957719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.159089, "energy": 59.655206, "activity_lines": [ 3.918175, 3.973797, 4.081006, 4.182096 ] }, { "date": "2026-07-03", "close": 4.074726, "volume": 49581170, "typical_volume": 157644876.1, "trend": 4.285275, "fair_value": 4.183185, "relative_strength": -10.922606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.218615, "energy": 42.702927, "activity_lines": [ 3.967534, 3.981507, 4.069917, 4.167769 ] }, { "date": "2026-07-10", "close": 4.015814, "volume": 194998562, "typical_volume": 159194430.4, "trend": 4.2698, "fair_value": 4.186468, "relative_strength": -10.81725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.918005, "energy": 32.761137, "activity_lines": [ 3.99094, 3.979873, 4.055766, 4.150385 ] }, { "date": "2026-07-17", "close": 4.08, "volume": 224404539, "typical_volume": 161474871.55, "trend": 4.258127, "fair_value": 4.190101, "relative_strength": -3.472711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.563176, "energy": 21.095381, "activity_lines": [ 4.029354, 3.993986, 4.050081, 4.13814 ] }, { "date": "2026-07-24", "close": 4.06, "volume": 244152568, "typical_volume": 160872585.2, "trend": 4.245122, "fair_value": 4.193359, "relative_strength": -4.908056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.244718, "energy": 20.068064, "activity_lines": [ 4.050277, 4.007008, 4.044778, 4.125357 ] }, { "date": "2026-07-31", "close": 4.18, "volume": 223243169, "typical_volume": 163038259.95, "trend": 4.23246, "fair_value": 4.197387, "relative_strength": -2.238402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.139609, "energy": 15.02208, "activity_lines": [ 4.09909, 4.04203, 4.052379, 4.121156 ] }, { "date": "2026-08-07", "close": 4.11, "volume": 157955648, "typical_volume": 161875669.5, "trend": 4.220126, "fair_value": 4.200534, "relative_strength": -6.180002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.51321, "energy": 13.865051, "activity_lines": [ 4.108388, 4.061234, 4.05417, 4.113255 ] } ], "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." } } }