{ "ticker": { "uuid": "70ff6b47-c1a9-4fde-ac93-864337346919", "symbol": "300217", "name": "Zhenjiang Dongfang Electric Heating Technology Co.,Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.271, "architecture_energy": 45.043, "architecture_maturity": 44.159, "architecture_confidence": 82.789, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 18.59, "rotation_up": 22.77, "upward_expansion": 6.48, "deceleration": 58.82, "rotation_down": 47.67, "downward_expansion": 75.14 }, "activity_lines": [ 4.348667, 4.366036, 4.649114, 4.862649 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 4.54, "trend_reference": 5.13316, "distance_from_trend": -0.115555, "trend_direction": "Weakening", "fair_value": 4.954021, "distance_from_fair_value": -0.083573, "fair_value_direction": "Weakening", "relative_strength": -16.853757, "relative_strength_direction": "Improving", "price_momentum": -0.146617, "excess_performance": -0.154016, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.115555, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05323, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.083573, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.139029, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.168538, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032323, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.146617, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.813768, "read": "Supply-led" } ], "volume": { "latest": 147293451, "relative_activity": 0.9548, "balance": 0.813768, "dry_up": 0.900667, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.095338, "annualized_volatility": 0.499826, "from_high_reference": -0.31003, "from_low_reference": 0.161125 }, "levels": { "trend_reference": 5.13316, "fair_value_reference": 4.954021, "structural_low": 3.91, "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": 21, "median_return": 0.024867, "positive_rate": 0.619048, "directional_follow_through": 0.380952, "median_excess_return": 0.021858, "regime_survival": 0.619048, "best_return": 0.397589, "worst_return": -0.255639, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.009235, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.020648, "regime_survival": 0.333333, "best_return": 1.003338, "worst_return": -0.203987, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.000292, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.001302, "regime_survival": 0.571429, "best_return": 0.759689, "worst_return": -0.242491, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.203837, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.131622, "regime_survival": 0.666667, "best_return": 0.510625, "worst_return": -0.237651, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.070455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.045372, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.042553, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": -0.025287, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.091503, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-18", "tenure": "Developing", "return": -0.002957, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-17", "tenure": "Established", "return": -0.021033, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-12", "tenure": "Developing", "return": -0.011215, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": 0.003861, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.052124, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.13211, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.093178, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-06-12", "tenure": "Developing", "return": -0.121387, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.015184, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.728526, "volume": 87284624, "typical_volume": 129862372.45, "trend": 5.908445, "fair_value": 4.730312, "relative_strength": -5.502085, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.918096, "energy": 15.654013, "activity_lines": [ 5.720054, 5.636445, 5.576205, 5.733044 ] }, { "date": "2023-08-04", "close": 5.591666, "volume": 101062279, "typical_volume": 127677570.9, "trend": 5.910753, "fair_value": 4.75038, "relative_strength": -8.667609, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.181891, "energy": 12.136227, "activity_lines": [ 5.678344, 5.639656, 5.572875, 5.712607 ] }, { "date": "2023-08-11", "close": 5.484135, "volume": 51245864, "typical_volume": 122062671.9, "trend": 5.901034, "fair_value": 4.769634, "relative_strength": -6.431898, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.94358, "energy": 16.28453, "activity_lines": [ 5.609915, 5.621527, 5.561711, 5.685083 ] }, { "date": "2023-08-18", "close": 5.259295, "volume": 39661135, "typical_volume": 115615715.55, "trend": 5.884146, "fair_value": 4.7872, "relative_strength": -6.983029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.368928, "energy": 32.21514, "activity_lines": [ 5.48218, 5.563406, 5.531727, 5.643681 ] }, { "date": "2023-08-25", "close": 5.054007, "volume": 40451268, "typical_volume": 108738720.3, "trend": 5.85587, "fair_value": 4.802892, "relative_strength": -7.225391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.66038, "energy": 62.975328, "activity_lines": [ 5.311432, 5.467072, 5.486321, 5.590123 ] }, { "date": "2023-09-01", "close": 5.298398, "volume": 68173959, "typical_volume": 102835057.55, "trend": 5.801975, "fair_value": 4.818543, "relative_strength": -5.49203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.650558, "energy": 60.386889, "activity_lines": [ 5.269723, 5.423348, 5.468833, 5.554157 ] }, { "date": "2023-09-08", "close": 5.249519, "volume": 43790735, "typical_volume": 97657060.5, "trend": 5.737036, "fair_value": 4.83351, "relative_strength": -4.361635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.694299, "energy": 62.742076, "activity_lines": [ 5.240396, 5.37287, 5.448174, 5.518515 ] }, { "date": "2023-09-15", "close": 5.288622, "volume": 49019183, "typical_volume": 94012222.5, "trend": 5.676323, "fair_value": 4.84619, "relative_strength": -2.046837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.146283, "energy": 57.196458, "activity_lines": [ 5.246913, 5.338211, 5.432446, 5.489585 ] }, { "date": "2023-09-22", "close": 5.3375, "volume": 39316456, "typical_volume": 93659186.3, "trend": 5.613018, "fair_value": 4.856276, "relative_strength": -1.25228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.4737, "energy": 33.470452, "activity_lines": [ 5.282757, 5.320259, 5.42193, 5.467725 ] }, { "date": "2023-09-29", "close": 5.49391, "volume": 74781230, "typical_volume": 92140816.7, "trend": 5.568887, "fair_value": 4.868478, "relative_strength": 2.483806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.847204, "energy": 19.47559, "activity_lines": [ 5.365523, 5.336256, 5.426264, 5.460041 ] }, { "date": "2023-10-13", "close": 5.56234, "volume": 94301405, "typical_volume": 91743847.15, "trend": 5.5384, "fair_value": 4.877035, "relative_strength": 4.301535, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.35634, "energy": 12.835047, "activity_lines": [ 5.441774, 5.369671, 5.435858, 5.459619 ] }, { "date": "2023-10-20", "close": 5.415705, "volume": 64727736, "typical_volume": 89592504.5, "trend": 5.515687, "fair_value": 4.887437, "relative_strength": 6.838062, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.135198, "energy": 17.752127, "activity_lines": [ 5.451549, 5.379446, 5.430881, 5.451703 ] }, { "date": "2023-10-27", "close": 5.591666, "volume": 93299292, "typical_volume": 89206620.25, "trend": 5.501112, "fair_value": 4.899523, "relative_strength": 8.22671, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.871827, "energy": 17.222908, "activity_lines": [ 5.508899, 5.424414, 5.44303, 5.456605 ] }, { "date": "2023-11-03", "close": 5.533013, "volume": 76759163, "typical_volume": 89547341.55, "trend": 5.481335, "fair_value": 4.909563, "relative_strength": 6.207894, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.700876, "energy": 17.554198, "activity_lines": [ 5.526496, 5.456763, 5.449315, 5.458663 ] }, { "date": "2023-11-10", "close": 5.620994, "volume": 89974486, "typical_volume": 85582954.7, "trend": 5.467738, "fair_value": 4.916949, "relative_strength": 6.561228, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.753882, "energy": 23.666342, "activity_lines": [ 5.560385, 5.500131, 5.462442, 5.467673 ] }, { "date": "2023-11-17", "close": 5.787179, "volume": 96255157, "typical_volume": 86542206.9, "trend": 5.47364, "fair_value": 4.927257, "relative_strength": 9.799611, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.54403, "energy": 57.588223, "activity_lines": [ 5.641196, 5.563406, 5.490838, 5.488282 ] }, { "date": "2023-11-24", "close": 5.669872, "volume": 118169970, "typical_volume": 81832537.75, "trend": 5.479204, "fair_value": 4.935143, "relative_strength": 9.074951, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.099894, "energy": 53.669517, "activity_lines": [ 5.667917, 5.596466, 5.506293, 5.500942 ] }, { "date": "2023-12-01", "close": 5.611218, "volume": 65681188, "typical_volume": 76872152.9, "trend": 5.486059, "fair_value": 4.940425, "relative_strength": 9.151087, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.618995, "energy": 51.906097, "activity_lines": [ 5.658141, 5.611218, 5.516441, 5.509459 ] }, { "date": "2023-12-08", "close": 5.425481, "volume": 64859719, "typical_volume": 73554449.45, "trend": 5.48932, "fair_value": 4.947734, "relative_strength": 7.397211, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.607723, "energy": 21.166065, "activity_lines": [ 5.58515, 5.586335, 5.509412, 5.505551 ] }, { "date": "2023-12-15", "close": 5.396154, "volume": 48033000, "typical_volume": 70342392.45, "trend": 5.49485, "fair_value": 4.956154, "relative_strength": 8.782413, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.825518, "energy": 12.704518, "activity_lines": [ 5.509551, 5.554519, 5.500614, 5.499541 ] }, { "date": "2023-12-22", "close": 5.220192, "volume": 51127847, "typical_volume": 68534553.6, "trend": 5.487696, "fair_value": 4.965302, "relative_strength": 7.075632, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.537593, "energy": 30.260209, "activity_lines": [ 5.390288, 5.492488, 5.476826, 5.481821 ] }, { "date": "2023-12-29", "close": 5.259295, "volume": 70864425, "typical_volume": 67024660.9, "trend": 5.479899, "fair_value": 4.97501, "relative_strength": 4.381512, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.531999, "energy": 43.465056, "activity_lines": [ 5.321859, 5.443788, 5.459183, 5.467085 ] }, { "date": "2024-01-05", "close": 5.200641, "volume": 46655718, "typical_volume": 66795153.6, "trend": 5.468819, "fair_value": 4.983414, "relative_strength": 7.644778, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.138815, "energy": 63.730785, "activity_lines": [ 5.26125, 5.387267, 5.437537, 5.449068 ] }, { "date": "2024-01-12", "close": 5.18109, "volume": 55091753, "typical_volume": 67566684.5, "trend": 5.467842, "fair_value": 4.99225, "relative_strength": 8.379316, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.251793, "energy": 66.791925, "activity_lines": [ 5.221496, 5.334301, 5.415379, 5.430505 ] }, { "date": "2024-01-19", "close": 4.878045, "volume": 95497382, "typical_volume": 70318990.2, "trend": 5.446987, "fair_value": 4.999576, "relative_strength": 4.292331, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.323971, "energy": 75.717637, "activity_lines": [ 5.097019, 5.232634, 5.364732, 5.392454 ] }, { "date": "2024-01-26", "close": 4.682532, "volume": 98746836, "typical_volume": 71847634.05, "trend": 5.422548, "fair_value": 5.006825, "relative_strength": 0.258788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.134164, "energy": 84.729969, "activity_lines": [ 4.941912, 5.108928, 5.296303, 5.343134 ] }, { "date": "2024-02-02", "close": 3.871154, "volume": 98672676, "typical_volume": 74591731.1, "trend": 5.360636, "fair_value": 5.011532, "relative_strength": -9.804581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.77028, "energy": 95.987878, "activity_lines": [ 4.55219, 4.857783, 5.153532, 5.243044 ] }, { "date": "2024-02-09", "close": 4.213301, "volume": 154037462, "typical_volume": 79842645.05, "trend": 5.310454, "fair_value": 5.01899, "relative_strength": -10.033031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.478358, "energy": 89.582123, "activity_lines": [ 4.36906, 4.70155, 5.04991, 5.169023 ] }, { "date": "2024-02-23", "close": 4.457692, "volume": 129088330, "typical_volume": 84331238.75, "trend": 5.271026, "fair_value": 5.026901, "relative_strength": -7.057465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.259391, "energy": 84.141327, "activity_lines": [ 4.333216, 4.615169, 4.974684, 5.114006 ] }, { "date": "2024-03-01", "close": 4.584775, "volume": 138086938, "typical_volume": 87496524.15, "trend": 5.231597, "fair_value": 5.037296, "relative_strength": -7.703406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.906484, "energy": 66.0425, "activity_lines": [ 4.387959, 4.56949, 4.915751, 5.069731 ] }, { "date": "2024-03-08", "close": 4.555449, "volume": 128899936, "typical_volume": 89226450.7, "trend": 5.192495, "fair_value": 5.048803, "relative_strength": -7.217904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.574866, "energy": 48.013189, "activity_lines": [ 4.452478, 4.533231, 4.858354, 5.026109 ] }, { "date": "2024-03-15", "close": 4.878045, "volume": 165491646, "typical_volume": 94264646.2, "trend": 5.168707, "fair_value": 5.062255, "relative_strength": -2.924751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.270435, "energy": 28.228164, "activity_lines": [ 4.633002, 4.567713, 4.836475, 5.005822 ] }, { "date": "2024-03-22", "close": 5.073558, "volume": 154683752, "typical_volume": 97333869.2, "trend": 5.155021, "fair_value": 5.075103, "relative_strength": 1.597362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.953453, "energy": 21.243863, "activity_lines": [ 4.811571, 4.644674, 4.835777, 4.999683 ] }, { "date": "2024-03-29", "close": 5.024679, "volume": 121598086, "typical_volume": 99575815.35, "trend": 5.147201, "fair_value": 5.0877, "relative_strength": 2.404581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.314572, "energy": 21.614492, "activity_lines": [ 4.916496, 4.715058, 4.832891, 4.991274 ] }, { "date": "2024-04-05", "close": 5.024679, "volume": 85540064, "typical_volume": 99354094.25, "trend": 5.146223, "fair_value": 5.099555, "relative_strength": 0.829918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.108986, "energy": 21.090306, "activity_lines": [ 4.983622, 4.788287, 4.832425, 4.983369 ] }, { "date": "2024-04-12", "close": 4.760737, "volume": 89937022, "typical_volume": 99038187.5, "trend": 5.128301, "fair_value": 5.111388, "relative_strength": -1.16584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.773793, "energy": 15.625457, "activity_lines": [ 4.93344, 4.810859, 4.809662, 4.958499 ] }, { "date": "2024-04-19", "close": 4.731411, "volume": 123762393, "typical_volume": 99317808.65, "trend": 5.111031, "fair_value": 5.122847, "relative_strength": -2.338938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.376455, "energy": 11.30544, "activity_lines": [ 4.859797, 4.826678, 4.788993, 4.932894 ] }, { "date": "2024-04-26", "close": 4.584775, "volume": 125791632, "typical_volume": 102323330.85, "trend": 5.087569, "fair_value": 5.133614, "relative_strength": -7.240877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.522124, "energy": 20.877701, "activity_lines": [ 4.747051, 4.800195, 4.758829, 4.898942 ] }, { "date": "2024-05-03", "close": 4.50657, "volume": 80586231, "typical_volume": 103109656.45, "trend": 5.059872, "fair_value": 5.144313, "relative_strength": -9.959993, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.804228, "energy": 33.259897, "activity_lines": [ 4.640822, 4.752739, 4.726103, 4.861458 ] }, { "date": "2024-05-10", "close": 4.41859, "volume": 146519625, "typical_volume": 108033987.7, "trend": 5.024028, "fair_value": 5.153829, "relative_strength": -12.952564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.936847, "energy": 56.485139, "activity_lines": [ 4.539808, 4.688397, 4.689375, 4.820085 ] }, { "date": "2024-05-17", "close": 4.340384, "volume": 74684140, "typical_volume": 109211802.35, "trend": 4.983296, "fair_value": 5.162782, "relative_strength": -14.207874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.45604, "energy": 68.945005, "activity_lines": [ 4.45313, 4.612858, 4.649853, 4.775979 ] }, { "date": "2024-05-24", "close": 4.232853, "volume": 54816907, "typical_volume": 108409426.45, "trend": 4.943867, "fair_value": 5.171788, "relative_strength": -13.721545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.842299, "energy": 73.811138, "activity_lines": [ 4.358632, 4.521678, 4.60428, 4.727563 ] }, { "date": "2024-05-31", "close": 4.143205, "volume": 44111062, "typical_volume": 108282193.65, "trend": 4.895585, "fair_value": 5.180652, "relative_strength": -14.856345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.399948, "energy": 78.20695, "activity_lines": [ 4.267489, 4.425929, 4.555057, 4.675907 ] }, { "date": "2024-06-07", "close": 3.855068, "volume": 70957970, "typical_volume": 109075504.5, "trend": 4.839654, "fair_value": 5.18736, "relative_strength": -19.588281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.921787, "energy": 86.86593, "activity_lines": [ 4.109738, 4.294708, 4.483428, 4.608777 ] }, { "date": "2024-06-14", "close": 4.004105, "volume": 136958906, "typical_volume": 111148580.7, "trend": 4.785758, "fair_value": 5.194652, "relative_strength": -16.229902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.241536, "energy": 82.123703, "activity_lines": [ 4.0451, 4.211849, 4.432307, 4.554871 ] }, { "date": "2024-06-21", "close": 3.904747, "volume": 75742172, "typical_volume": 109998347.5, "trend": 4.72301, "fair_value": 5.201493, "relative_strength": -16.458069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.393535, "energy": 84.451986, "activity_lines": [ 3.974975, 4.129481, 4.375885, 4.498031 ] }, { "date": "2024-06-28", "close": 3.745775, "volume": 65211045, "typical_volume": 108325265.95, "trend": 4.658873, "fair_value": 5.207315, "relative_strength": -17.706976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.19193, "energy": 87.40879, "activity_lines": [ 3.880901, 4.033773, 4.308026, 4.434984 ] }, { "date": "2024-07-05", "close": 3.706032, "volume": 51312227, "typical_volume": 103189004.2, "trend": 4.595367, "fair_value": 5.211521, "relative_strength": -16.948858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.415006, "energy": 78.484453, "activity_lines": [ 3.806052, 3.948759, 4.23698, 4.37351 ] }, { "date": "2024-07-12", "close": 3.606675, "volume": 82936774, "typical_volume": 100881426.4, "trend": 4.53474, "fair_value": 5.2154, "relative_strength": -20.287489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.655056, "energy": 81.399039, "activity_lines": [ 3.727228, 3.861658, 4.158886, 4.309724 ] }, { "date": "2024-07-19", "close": 3.527189, "volume": 65266631, "typical_volume": 97240411.05, "trend": 4.472441, "fair_value": 5.218429, "relative_strength": -22.096296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.390196, "energy": 86.756206, "activity_lines": [ 3.638469, 3.776466, 4.077275, 4.24472 ] }, { "date": "2024-07-26", "close": 3.457639, "volume": 68364101, "typical_volume": 94213619.3, "trend": 4.41369, "fair_value": 5.219769, "relative_strength": -20.59279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.42499, "energy": 84.953282, "activity_lines": [ 3.558321, 3.694836, 3.994077, 4.179249 ] }, { "date": "2024-08-02", "close": 3.54706, "volume": 65481194, "typical_volume": 89213096.7, "trend": 4.356615, "fair_value": 5.223298, "relative_strength": -17.752601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.914639, "energy": 75.516233, "activity_lines": [ 3.537787, 3.645515, 3.924622, 4.123338 ] }, { "date": "2024-08-09", "close": 3.517253, "volume": 58083191, "typical_volume": 84383068.65, "trend": 4.300502, "fair_value": 5.222409, "relative_strength": -16.581875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.929796, "energy": 69.504148, "activity_lines": [ 3.520565, 3.603242, 3.858666, 4.069185 ] }, { "date": "2024-08-16", "close": 3.527189, "volume": 55988044, "typical_volume": 81102566.55, "trend": 4.245372, "fair_value": 5.222952, "relative_strength": -15.664509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.252348, "energy": 60.852043, "activity_lines": [ 3.51924, 3.574158, 3.801068, 4.019294 ] }, { "date": "2024-08-23", "close": 3.417896, "volume": 88245944, "typical_volume": 81237860.55, "trend": 4.196701, "fair_value": 5.219375, "relative_strength": -16.312198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.576555, "energy": 58.824866, "activity_lines": [ 3.486784, 3.531163, 3.740192, 3.965909 ] }, { "date": "2024-08-30", "close": 3.835197, "volume": 121961458, "typical_volume": 82839082.35, "trend": 4.168456, "fair_value": 5.218597, "relative_strength": -7.81358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.401477, "energy": 38.603841, "activity_lines": [ 3.600713, 3.5747, 3.72671, 3.942586 ] }, { "date": "2024-09-06", "close": 3.596739, "volume": 116913780, "typical_volume": 82496651.7, "trend": 4.159309, "fair_value": 5.215296, "relative_strength": -11.036385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.987702, "energy": 33.837219, "activity_lines": [ 3.609987, 3.576145, 3.694925, 3.905701 ] }, { "date": "2024-09-13", "close": 3.566932, "volume": 61039206, "typical_volume": 79259030.4, "trend": 4.137763, "fair_value": 5.212177, "relative_strength": -9.939215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.817423, "energy": 32.098685, "activity_lines": [ 3.606013, 3.574881, 3.665704, 3.867483 ] }, { "date": "2024-09-20", "close": 3.636482, "volume": 41473304, "typical_volume": 77303384.05, "trend": 4.11039, "fair_value": 5.211867, "relative_strength": -9.012135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.61283, "energy": 23.126761, "activity_lines": [ 3.62191, 3.588791, 3.647954, 3.835142 ] }, { "date": "2024-09-27", "close": 4.431342, "volume": 224144339, "typical_volume": 81184619.75, "trend": 4.105275, "fair_value": 5.216278, "relative_strength": -5.697301, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 14.39029, "energy": 19.638283, "activity_lines": [ 3.895474, 3.746679, 3.710049, 3.855849 ] }, { "date": "2024-10-04", "close": 5.305687, "volume": 139705409, "typical_volume": 84435683.2, "trend": 4.130283, "fair_value": 5.224989, "relative_strength": 2.108356, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.732077, "energy": 66.277214, "activity_lines": [ 4.392923, 4.047099, 3.855353, 3.933295 ] }, { "date": "2024-10-11", "close": 4.749286, "volume": 398434490, "typical_volume": 101616562.35, "trend": 4.125991, "fair_value": 5.228703, "relative_strength": -4.071815, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.069061, "energy": 58.964154, "activity_lines": [ 4.606873, 4.212755, 3.943071, 3.97323 ] }, { "date": "2024-10-18", "close": 5.295751, "volume": 263563879, "typical_volume": 112589203.2, "trend": 4.133398, "fair_value": 5.235609, "relative_strength": 4.066821, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.007388, "energy": 77.624418, "activity_lines": [ 4.926142, 4.45591, 4.080373, 4.048699 ] }, { "date": "2024-10-25", "close": 5.176522, "volume": 386440487, "typical_volume": 128363329.05, "trend": 4.138459, "fair_value": 5.240384, "relative_strength": -0.481813, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.41358, "energy": 76.136295, "activity_lines": [ 5.090413, 4.64505, 4.200832, 4.115997 ] }, { "date": "2024-11-01", "close": 4.719478, "volume": 295051335, "typical_volume": 136267950.5, "trend": 4.128286, "fair_value": 5.24198, "relative_strength": -7.402715, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.107362, "energy": 57.130876, "activity_lines": [ 4.999666, 4.721104, 4.271471, 4.153482 ] }, { "date": "2024-11-08", "close": 5.236136, "volume": 321057025, "typical_volume": 148533693.15, "trend": 4.144132, "fair_value": 5.246515, "relative_strength": -3.41372, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.373579, "energy": 56.324252, "activity_lines": [ 5.06193, 4.86743, 4.387908, 4.224956 ] }, { "date": "2024-11-15", "close": 5.176522, "volume": 317653508, "typical_volume": 161155816.3, "trend": 4.158969, "fair_value": 5.25446, "relative_strength": -0.52506, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.027038, "energy": 49.821265, "activity_lines": [ 5.108959, 4.977446, 4.492328, 4.291562 ] }, { "date": "2024-11-22", "close": 5.295751, "volume": 732020843, "typical_volume": 195191247.1, "trend": 4.182669, "fair_value": 5.26317, "relative_strength": 5.093693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.27037, "energy": 46.008675, "activity_lines": [ 5.167249, 5.080416, 4.60129, 4.364903 ] }, { "date": "2024-11-29", "close": 5.792538, "volume": 833005753, "typical_volume": 232694696.05, "trend": 4.225534, "fair_value": 5.275871, "relative_strength": 13.215333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.155892, "energy": 53.497732, "activity_lines": [ 5.391134, 5.242279, 4.749995, 4.468766 ] }, { "date": "2024-12-06", "close": 5.653438, "volume": 422661216, "typical_volume": 250564425.3, "trend": 4.266696, "fair_value": 5.28476, "relative_strength": 8.889194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.930868, "energy": 49.839477, "activity_lines": [ 5.527585, 5.339649, 4.875043, 4.560888 ] }, { "date": "2024-12-13", "close": 5.395108, "volume": 289194157, "typical_volume": 261605928.1, "trend": 4.301853, "fair_value": 5.281674, "relative_strength": 4.942398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.464966, "energy": 45.227321, "activity_lines": [ 5.515662, 5.36783, 4.965364, 4.633689 ] }, { "date": "2024-12-20", "close": 5.097036, "volume": 191530293, "typical_volume": 267908383.05, "trend": 4.330659, "fair_value": 5.278293, "relative_strength": 0.149408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.201184, "energy": 38.501045, "activity_lines": [ 5.393784, 5.340191, 5.018071, 4.684991 ] }, { "date": "2024-12-27", "close": 4.669799, "volume": 210419584, "typical_volume": 275525202.7, "trend": 4.348212, "fair_value": 5.274411, "relative_strength": -7.885735, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.397078, "energy": 20.993363, "activity_lines": [ 5.134792, 5.228549, 5.022707, 4.706871 ] }, { "date": "2025-01-03", "close": 4.242562, "volume": 102997957, "typical_volume": 277875698.35, "trend": 4.361129, "fair_value": 5.269593, "relative_strength": -9.410279, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.239846, "energy": 15.886676, "activity_lines": [ 4.775118, 5.050609, 4.981166, 4.700055 ] }, { "date": "2025-01-10", "close": 4.262434, "volume": 124764166, "typical_volume": 279701609.45, "trend": 4.36974, "fair_value": 5.263349, "relative_strength": -7.53731, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -4.142685, "energy": 21.709609, "activity_lines": [ 4.5254, 4.893263, 4.938112, 4.693688 ] }, { "date": "2025-01-17", "close": 4.500892, "volume": 128711023, "typical_volume": 280039087.7, "trend": 4.389611, "fair_value": 5.259876, "relative_strength": -5.361075, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.072183, "energy": 22.982363, "activity_lines": [ 4.447901, 4.787583, 4.913745, 4.702149 ] }, { "date": "2025-01-24", "close": 4.41147, "volume": 93267598, "typical_volume": 278856778.6, "trend": 4.411801, "fair_value": 5.254587, "relative_strength": -7.946982, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.171627, "energy": 33.342118, "activity_lines": [ 4.40021, 4.679012, 4.877693, 4.703559 ] }, { "date": "2025-01-31", "close": 4.371727, "volume": 22185380, "typical_volume": 276914087.3, "trend": 4.433991, "fair_value": 5.24749, "relative_strength": -7.150179, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.78629, "energy": 38.038811, "activity_lines": [ 4.384975, 4.577126, 4.833976, 4.700974 ] }, { "date": "2025-02-07", "close": 4.669799, "volume": 96441569, "typical_volume": 279662500.55, "trend": 4.469428, "fair_value": 5.243856, "relative_strength": -4.603247, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 3.416565, "energy": 13.076914, "activity_lines": [ 4.488969, 4.546235, 4.814814, 4.716187 ] }, { "date": "2025-02-14", "close": 4.679735, "volume": 126161704, "typical_volume": 274763368.8, "trend": 4.507847, "fair_value": 5.241593, "relative_strength": -5.777253, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 16.157708, "energy": 13.170022, "activity_lines": [ 4.567792, 4.537564, 4.791678, 4.729756 ] }, { "date": "2025-02-21", "close": 5.474595, "volume": 353474651, "typical_volume": 285451830.9, "trend": 4.575079, "fair_value": 5.244921, "relative_strength": 7.771148, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.701158, "energy": 29.297115, "activity_lines": [ 4.883749, 4.691116, 4.84306, 4.792126 ] }, { "date": "2025-02-28", "close": 5.077165, "volume": 703868807, "typical_volume": 300723546.75, "trend": 4.626082, "fair_value": 5.245578, "relative_strength": 3.560129, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.148547, "energy": 31.56018, "activity_lines": [ 5.002316, 4.770963, 4.855787, 4.824519 ] }, { "date": "2025-03-07", "close": 5.226201, "volume": 318082340, "typical_volume": 303449469.8, "trend": 4.683047, "fair_value": 5.247563, "relative_strength": 4.33307, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.62715, "energy": 38.030578, "activity_lines": [ 5.126181, 4.878269, 4.881147, 4.863236 ] }, { "date": "2025-03-14", "close": 5.136779, "volume": 196979414, "typical_volume": 293976416.15, "trend": 4.7367, "fair_value": 5.24885, "relative_strength": 1.457951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.854178, "energy": 47.856406, "activity_lines": [ 5.163275, 4.9592, 4.898321, 4.892509 ] }, { "date": "2025-03-21", "close": 5.385173, "volume": 389719195, "typical_volume": 298709809.15, "trend": 4.802276, "fair_value": 5.25173, "relative_strength": 9.378616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.549408, "energy": 55.722274, "activity_lines": [ 5.252034, 5.069036, 4.939342, 4.934346 ] }, { "date": "2025-03-28", "close": 5.027486, "volume": 221264901, "typical_volume": 293720202.95, "trend": 4.842019, "fair_value": 5.251073, "relative_strength": 3.146492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.192806, "energy": 35.400821, "activity_lines": [ 5.174535, 5.093423, 4.943127, 4.948876 ] }, { "date": "2025-04-04", "close": 4.918193, "volume": 91724615, "typical_volume": 282423758.3, "trend": 4.886067, "fair_value": 5.249654, "relative_strength": 3.481062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.393678, "energy": 22.369373, "activity_lines": [ 5.090412, 5.088365, 4.937497, 4.953791 ] }, { "date": "2025-04-11", "close": 4.322048, "volume": 204927234, "typical_volume": 256069077.85, "trend": 4.911238, "fair_value": 5.245657, "relative_strength": -3.841169, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.555573, "energy": 16.354393, "activity_lines": [ 4.818173, 4.965704, 4.876321, 4.917402 ] }, { "date": "2025-04-18", "close": 4.212755, "volume": 114441972, "typical_volume": 220140888.8, "trend": 4.930447, "fair_value": 5.242513, "relative_strength": -5.451852, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.542732, "energy": 42.537399, "activity_lines": [ 4.569779, 4.824074, 4.809373, 4.872339 ] }, { "date": "2025-04-25", "close": 4.560506, "volume": 182392162, "typical_volume": 208127436.1, "trend": 4.934752, "fair_value": 5.243277, "relative_strength": 1.060175, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.413701, "energy": 49.903943, "activity_lines": [ 4.498904, 4.753982, 4.783067, 4.848472 ] }, { "date": "2025-05-02", "close": 4.649928, "volume": 146346359, "typical_volume": 200985046.2, "trend": 4.912894, "fair_value": 5.245173, "relative_strength": 3.222788, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.028359, "energy": 50.118843, "activity_lines": [ 4.512815, 4.702316, 4.770482, 4.830096 ] }, { "date": "2025-05-09", "close": 4.977808, "volume": 235846484, "typical_volume": 203200855.75, "trend": 4.920511, "fair_value": 5.251844, "relative_strength": 7.853399, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.973079, "energy": 25.996298, "activity_lines": [ 4.661189, 4.725259, 4.792671, 4.834284 ] }, { "date": "2025-05-16", "close": 5.305687, "volume": 407672228, "typical_volume": 213063487.95, "trend": 4.920842, "fair_value": 5.260928, "relative_strength": 14.00474, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.446488, "energy": 9.627923, "activity_lines": [ 4.914881, 4.809622, 4.846656, 4.859134 ] }, { "date": "2025-05-23", "close": 5.007615, "volume": 296530591, "typical_volume": 222740119.65, "trend": 4.915212, "fair_value": 5.269841, "relative_strength": 7.896473, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.41462, "energy": 15.851638, "activity_lines": [ 5.003641, 4.838346, 4.869224, 4.864732 ] }, { "date": "2025-05-30", "close": 4.987743, "volume": 151022135, "typical_volume": 224053018.1, "trend": 4.924154, "fair_value": 5.278752, "relative_strength": 8.203921, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.761774, "energy": 20.152503, "activity_lines": [ 5.032785, 4.865805, 4.886257, 4.869412 ] }, { "date": "2025-06-06", "close": 5.057293, "volume": 113245576, "typical_volume": 223279745.75, "trend": 4.918193, "fair_value": 5.285995, "relative_strength": 7.809664, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.643289, "energy": 26.213532, "activity_lines": [ 5.056631, 4.913135, 4.906459, 4.878001 ] }, { "date": "2025-06-13", "close": 4.997679, "volume": 491779968, "typical_volume": 243205364.25, "trend": 4.912231, "fair_value": 5.292234, "relative_strength": 6.914954, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.226475, "energy": 19.942878, "activity_lines": [ 5.033448, 4.949084, 4.918335, 4.883129 ] }, { "date": "2025-06-20", "close": 4.82, "volume": 144696261, "typical_volume": 249330908.3, "trend": 4.896373, "fair_value": 5.297458, "relative_strength": 4.099448, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.762541, "energy": 4.187308, "activity_lines": [ 4.949713, 4.951283, 4.910497, 4.877179 ] }, { "date": "2025-06-27", "close": 5.22, "volume": 268281444, "typical_volume": 257922902.05, "trend": 4.877288, "fair_value": 5.303133, "relative_strength": 8.322488, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.405944, "energy": 24.727803, "activity_lines": [ 5.031691, 5.017155, 4.93862, 4.898058 ] }, { "date": "2025-07-04", "close": 5.19, "volume": 150176977, "typical_volume": 259123665.7, "trend": 4.861841, "fair_value": 5.304373, "relative_strength": 6.068177, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.637968, "energy": 25.165949, "activity_lines": [ 5.08951, 5.05926, 4.961266, 4.918233 ] }, { "date": "2025-07-11", "close": 5.19, "volume": 159234898, "typical_volume": 249411678.05, "trend": 4.855004, "fair_value": 5.302554, "relative_strength": 3.876302, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.880843, "energy": 36.621843, "activity_lines": [ 5.133845, 5.089919, 4.981482, 4.939405 ] }, { "date": "2025-07-18", "close": 5.29, "volume": 178384926, "typical_volume": 223137484.0, "trend": 4.861436, "fair_value": 5.299129, "relative_strength": 3.388576, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.742883, "energy": 51.010193, "activity_lines": [ 5.202667, 5.12894, 5.012577, 4.967469 ] }, { "date": "2025-07-25", "close": 5.23, "volume": 169858647, "typical_volume": 215726299.35, "trend": 4.880109, "fair_value": 5.29382, "relative_strength": -0.381699, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.43902, "energy": 47.139616, "activity_lines": [ 5.232, 5.151376, 5.036944, 4.991247 ] }, { "date": "2025-08-01", "close": 5.06, "volume": 119962097, "typical_volume": 211875433.5, "trend": 4.907357, "fair_value": 5.285299, "relative_strength": -2.251925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.352913, "energy": 35.596786, "activity_lines": [ 5.177333, 5.144279, 5.045103, 5.002853 ] }, { "date": "2025-08-08", "close": 5.27, "volume": 187753903, "typical_volume": 201777168.9, "trend": 4.940943, "fair_value": 5.277063, "relative_strength": 0.325014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.303078, "energy": 33.152134, "activity_lines": [ 5.203333, 5.174412, 5.073627, 5.026249 ] }, { "date": "2025-08-15", "close": 5.3, "volume": 167604944, "typical_volume": 199094171.05, "trend": 4.96758, "fair_value": 5.266022, "relative_strength": -3.621932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.816015, "energy": 31.61598, "activity_lines": [ 5.234, 5.204867, 5.105557, 5.049414 ] }, { "date": "2025-08-22", "close": 5.43, "volume": 232663838, "typical_volume": 206141132.2, "trend": 5.001531, "fair_value": 5.25057, "relative_strength": -5.680501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.954662, "energy": 44.09146, "activity_lines": [ 5.300667, 5.254545, 5.14857, 5.079248 ] }, { "date": "2025-08-29", "close": 5.35, "volume": 272127857, "typical_volume": 209501163.35, "trend": 5.03414, "fair_value": 5.238664, "relative_strength": -10.812388, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.277483, "energy": 49.386853, "activity_lines": [ 5.331333, 5.281818, 5.181526, 5.10173 ] }, { "date": "2025-09-05", "close": 5.74, "volume": 373111809, "typical_volume": 222434655.2, "trend": 5.069813, "fair_value": 5.223825, "relative_strength": -3.561495, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.432532, "energy": 66.410113, "activity_lines": [ 5.484, 5.370364, 5.246731, 5.147269 ] }, { "date": "2025-09-12", "close": 5.96, "volume": 649037977, "typical_volume": 245766945.95, "trend": 5.112488, "fair_value": 5.213831, "relative_strength": -2.506695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.810422, "energy": 81.510683, "activity_lines": [ 5.664667, 5.489455, 5.325616, 5.204701 ] }, { "date": "2025-09-19", "close": 5.98, "volume": 520086129, "typical_volume": 264453934.45, "trend": 5.129335, "fair_value": 5.204901, "relative_strength": -3.305856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.703412, "energy": 80.237652, "activity_lines": [ 5.806, 5.598182, 5.399741, 5.260669 ] }, { "date": "2025-09-26", "close": 5.67, "volume": 244633407, "typical_volume": 264893280.6, "trend": 5.149096, "fair_value": 5.195795, "relative_strength": -9.142534, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.912393, "energy": 75.450547, "activity_lines": [ 5.798667, 5.636182, 5.438008, 5.295551 ] }, { "date": "2025-10-03", "close": 5.71, "volume": 82184558, "typical_volume": 248618897.1, "trend": 5.165223, "fair_value": 5.187757, "relative_strength": -10.351036, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.141369, "energy": 65.632163, "activity_lines": [ 5.788667, 5.674545, 5.476789, 5.331738 ] }, { "date": "2025-10-10", "close": 5.63, "volume": 105602320, "typical_volume": 239072483.55, "trend": 5.181664, "fair_value": 5.181766, "relative_strength": -10.289646, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.909366, "energy": 41.865981, "activity_lines": [ 5.728, 5.689636, 5.506026, 5.361724 ] }, { "date": "2025-10-17", "close": 5.12, "volume": 192068205, "typical_volume": 241124787.05, "trend": 5.172825, "fair_value": 5.173442, "relative_strength": -13.750556, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.632236, "energy": 15.025216, "activity_lines": [ 5.504667, 5.601636, 5.483727, 5.357745 ] }, { "date": "2025-10-24", "close": 5.35, "volume": 175654585, "typical_volume": 244245237.5, "trend": 5.183575, "fair_value": 5.168591, "relative_strength": -13.645532, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.000986, "energy": 19.863105, "activity_lines": [ 5.414, 5.558182, 5.482703, 5.369176 ] }, { "date": "2025-10-31", "close": 5.4, "volume": 149757856, "typical_volume": 227144131.9, "trend": 5.199635, "fair_value": 5.159128, "relative_strength": -13.24767, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.511038, "energy": 20.486767, "activity_lines": [ 5.382, 5.522909, 5.485048, 5.383139 ] }, { "date": "2025-11-07", "close": 5.67, "volume": 240444494, "typical_volume": 231931543.55, "trend": 5.244567, "fair_value": 5.155828, "relative_strength": -8.912123, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.410029, "energy": 21.639711, "activity_lines": [ 5.458, 5.537273, 5.51119, 5.413485 ] }, { "date": "2025-11-14", "close": 5.68, "volume": 216377971, "typical_volume": 229336369.9, "trend": 5.293475, "fair_value": 5.154465, "relative_strength": -7.254295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.156562, "energy": 18.544776, "activity_lines": [ 5.54, 5.547636, 5.534238, 5.441578 ] }, { "date": "2025-11-21", "close": 5.09, "volume": 230055240, "typical_volume": 233330283.05, "trend": 5.311125, "fair_value": 5.143702, "relative_strength": -12.024014, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.786625, "energy": 2.678035, "activity_lines": [ 5.422, 5.451818, 5.498905, 5.42845 ] }, { "date": "2025-11-28", "close": 5.18, "volume": 130365774, "typical_volume": 231886826.85, "trend": 5.328794, "fair_value": 5.136325, "relative_strength": -13.011309, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.296977, "energy": 6.79754, "activity_lines": [ 5.336, 5.388182, 5.472619, 5.41999 ] }, { "date": "2025-12-05", "close": 5.32, "volume": 184065632, "typical_volume": 232170862.15, "trend": 5.340201, "fair_value": 5.131156, "relative_strength": -11.328543, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -8.235361, "energy": 16.486473, "activity_lines": [ 5.308, 5.364545, 5.459714, 5.419423 ] }, { "date": "2025-12-12", "close": 5.29, "volume": 125418249, "typical_volume": 229948842.25, "trend": 5.339678, "fair_value": 5.125046, "relative_strength": -12.177272, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.448327, "energy": 27.801045, "activity_lines": [ 5.275333, 5.341818, 5.44381, 5.416184 ] }, { "date": "2025-12-19", "close": 5.18, "volume": 119541142, "typical_volume": 229927794.5, "trend": 5.345424, "fair_value": 5.116045, "relative_strength": -12.918805, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.250156, "energy": 34.640249, "activity_lines": [ 5.231333, 5.306727, 5.417143, 5.405883 ] }, { "date": "2025-12-26", "close": 5.2, "volume": 108908387, "typical_volume": 225985518.7, "trend": 5.352499, "fair_value": 5.108234, "relative_strength": -15.361431, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.538242, "energy": 30.596551, "activity_lines": [ 5.227333, 5.283455, 5.39181, 5.3965 ] }, { "date": "2026-01-02", "close": 5.18, "volume": 65435830, "typical_volume": 220877063.0, "trend": 5.356589, "fair_value": 5.102605, "relative_strength": -15.030047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -28.195938, "energy": 30.422888, "activity_lines": [ 5.209333, 5.255091, 5.364905, 5.385371 ] }, { "date": "2026-01-09", "close": 5.45, "volume": 207967129, "typical_volume": 219642227.55, "trend": 5.371667, "fair_value": 5.101329, "relative_strength": -14.189122, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -5.407695, "energy": 9.009167, "activity_lines": [ 5.281333, 5.278909, 5.364286, 5.391398 ] }, { "date": "2026-01-16", "close": 5.45, "volume": 263021621, "typical_volume": 219186915.75, "trend": 5.392667, "fair_value": 5.100865, "relative_strength": -14.933082, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.200426, "energy": 4.109457, "activity_lines": [ 5.344667, 5.301818, 5.363571, 5.396452 ] }, { "date": "2026-01-23", "close": 5.81, "volume": 258706690, "typical_volume": 213466659.8, "trend": 5.412333, "fair_value": 5.101085, "relative_strength": -10.208934, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.238026, "energy": 23.339159, "activity_lines": [ 5.517333, 5.394182, 5.396667, 5.423376 ] }, { "date": "2026-01-30", "close": 5.32, "volume": 298110261, "typical_volume": 195920274.0, "trend": 5.416667, "fair_value": 5.098226, "relative_strength": -16.22751, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.402102, "energy": 16.641838, "activity_lines": [ 5.484667, 5.395091, 5.382762, 5.417419 ] }, { "date": "2026-02-06", "close": 6.17, "volume": 599911392, "typical_volume": 199911537.15, "trend": 5.449333, "fair_value": 5.099942, "relative_strength": -0.761843, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.610561, "energy": 57.8544, "activity_lines": [ 5.727333, 5.546364, 5.452857, 5.466022 ] }, { "date": "2026-02-13", "close": 6.01, "volume": 485080000, "typical_volume": 211933866.8, "trend": 5.473333, "fair_value": 5.094139, "relative_strength": -4.62418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.45174, "energy": 65.742483, "activity_lines": [ 5.850667, 5.650545, 5.50681, 5.502194 ] }, { "date": "2026-02-27", "close": 6.12, "volume": 284951224, "typical_volume": 222072200.1, "trend": 5.503, "fair_value": 5.087231, "relative_strength": -5.215027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.569889, "energy": 71.694489, "activity_lines": [ 5.973333, 5.762182, 5.569619, 5.543914 ] }, { "date": "2026-03-06", "close": 5.51, "volume": 401619039, "typical_volume": 236873036.05, "trend": 5.518, "fair_value": 5.076974, "relative_strength": -12.381645, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.956749, "energy": 54.701653, "activity_lines": [ 5.848, 5.747818, 5.572381, 5.544366 ] }, { "date": "2026-03-13", "close": 5.62, "volume": 306505268, "typical_volume": 242594889.2, "trend": 5.529667, "fair_value": 5.066611, "relative_strength": -10.968068, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.257103, "energy": 29.205213, "activity_lines": [ 5.779333, 5.747455, 5.58619, 5.550946 ] }, { "date": "2026-03-20", "close": 5.45, "volume": 245087762, "typical_volume": 246066548.05, "trend": 5.534667, "fair_value": 5.057843, "relative_strength": -10.789239, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.103894, "energy": 13.324922, "activity_lines": [ 5.634, 5.708545, 5.581429, 5.545806 ] }, { "date": "2026-03-27", "close": 5.19, "volume": 276007625, "typical_volume": 252379036.5, "trend": 5.526667, "fair_value": 5.049593, "relative_strength": -13.915695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.614354, "energy": 21.013591, "activity_lines": [ 5.45, 5.617455, 5.551429, 5.52357 ] }, { "date": "2026-04-03", "close": 5.01, "volume": 216208026, "typical_volume": 251167213.1, "trend": 5.515333, "fair_value": 5.042625, "relative_strength": -13.992648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.085815, "energy": 37.185193, "activity_lines": [ 5.260667, 5.498364, 5.505286, 5.490237 ] }, { "date": "2026-04-10", "close": 5.132164, "volume": 106792114, "typical_volume": 245687920.25, "trend": 5.495072, "fair_value": 5.036876, "relative_strength": -17.36323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.778045, "energy": 41.619846, "activity_lines": [ 5.186055, 5.409484, 5.47392, 5.465516 ] }, { "date": "2026-04-17", "close": 5.570641, "volume": 219742775, "typical_volume": 245172297.0, "trend": 5.482094, "fair_value": 5.033314, "relative_strength": -13.523562, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.111033, "energy": 24.360021, "activity_lines": [ 5.282791, 5.412652, 5.486924, 5.470391 ] }, { "date": "2026-04-24", "close": 5.132164, "volume": 215228322, "typical_volume": 249415424.4, "trend": 5.453832, "fair_value": 5.027566, "relative_strength": -20.314291, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.300052, "energy": 25.976409, "activity_lines": [ 5.236658, 5.33154, 5.455878, 5.447815 ] }, { "date": "2026-05-01", "close": 5.102268, "volume": 121651774, "typical_volume": 246294731.5, "trend": 5.434908, "fair_value": 5.024311, "relative_strength": -21.226312, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.726968, "energy": 30.03708, "activity_lines": [ 5.20175, 5.263862, 5.422213, 5.425134 ] }, { "date": "2026-05-08", "close": 5.301576, "volume": 86197088, "typical_volume": 244333673.45, "trend": 5.421294, "fair_value": 5.02302, "relative_strength": -20.086016, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.763468, "energy": 23.592781, "activity_lines": [ 5.239126, 5.248926, 5.408567, 5.416532 ] }, { "date": "2026-05-15", "close": 5.520814, "volume": 279516997, "typical_volume": 252332466.2, "trend": 5.417654, "fair_value": 5.023758, "relative_strength": -16.251541, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.994849, "energy": 7.032941, "activity_lines": [ 5.330143, 5.288732, 5.415745, 5.422952 ] }, { "date": "2026-05-22", "close": 5.510849, "volume": 241957693, "typical_volume": 258984931.5, "trend": 5.430683, "fair_value": 5.024933, "relative_strength": -15.954736, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.795815, "energy": 12.049241, "activity_lines": [ 5.391929, 5.32653, 5.420352, 5.428965 ] }, { "date": "2026-05-29", "close": 5.082337, "volume": 313077835, "typical_volume": 271367031.75, "trend": 5.42176, "fair_value": 5.023985, "relative_strength": -21.778785, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.021702, "energy": 19.017708, "activity_lines": [ 5.314863, 5.288401, 5.382667, 5.406491 ] }, { "date": "2026-06-05", "close": 5.181991, "volume": 63191860, "typical_volume": 264128268.3, "trend": 5.414493, "fair_value": 5.022364, "relative_strength": -18.292188, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.129094, "energy": 19.996592, "activity_lines": [ 5.274337, 5.275075, 5.354939, 5.391022 ] }, { "date": "2026-06-12", "close": 4.56, "volume": 37610002, "typical_volume": 252857687.35, "trend": 5.377493, "fair_value": 5.016382, "relative_strength": -25.749998, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.189657, "energy": 62.612464, "activity_lines": [ 5.021166, 5.148806, 5.269249, 5.335893 ] }, { "date": "2026-06-19", "close": 4.61, "volume": 142495875, "typical_volume": 247047146.6, "trend": 5.341827, "fair_value": 5.010465, "relative_strength": -29.250023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.150856, "energy": 74.155953, "activity_lines": [ 4.8341, 5.03981, 5.19256, 5.286378 ] }, { "date": "2026-06-26", "close": 4.13, "volume": 23789484, "typical_volume": 233331107.75, "trend": 5.309827, "fair_value": 5.003539, "relative_strength": -34.941291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.825213, "energy": 87.173998, "activity_lines": [ 4.547755, 4.853034, 5.07587, 5.208195 ] }, { "date": "2026-07-03", "close": 4.5, "volume": 39768165, "typical_volume": 205323946.4, "trend": 5.28716, "fair_value": 4.997105, "relative_strength": -27.530287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.24995, "energy": 81.104423, "activity_lines": [ 4.476799, 4.759725, 5.000086, 5.155948 ] }, { "date": "2026-07-10", "close": 4.44, "volume": 146318681, "typical_volume": 188385880.45, "trend": 5.257827, "fair_value": 4.990851, "relative_strength": -25.160232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.980117, "energy": 76.548141, "activity_lines": [ 4.424667, 4.667001, 4.926539, 5.101293 ] }, { "date": "2026-07-17", "close": 4.13, "volume": 140645543, "typical_volume": 181170596.4, "trend": 5.21916, "fair_value": 4.980604, "relative_strength": -22.889308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.412294, "energy": 80.071315, "activity_lines": [ 4.318667, 4.529954, 4.830945, 5.02853 ] }, { "date": "2026-07-24", "close": 3.93, "volume": 112991167, "typical_volume": 166739202.8, "trend": 5.177493, "fair_value": 4.969138, "relative_strength": -26.261008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.079705, "energy": 77.951348, "activity_lines": [ 4.174667, 4.377845, 4.725779, 4.945358 ] }, { "date": "2026-07-31", "close": 4.51, "volume": 154839794, "typical_volume": 159155929.1, "trend": 5.154493, "fair_value": 4.961891, "relative_strength": -13.573613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.060796, "energy": 52.386201, "activity_lines": [ 4.269333, 4.360115, 4.683375, 4.902294 ] }, { "date": "2026-08-07", "close": 4.54, "volume": 147293451, "typical_volume": 154266213.55, "trend": 5.13316, "fair_value": 4.954021, "relative_strength": -16.853757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.270846, "energy": 45.04339, "activity_lines": [ 4.348667, 4.366036, 4.649114, 4.862649 ] } ], "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." } } }