{ "ticker": { "uuid": "73611935-7366-46af-a1ca-92a5dd4efb67", "symbol": "600798", "name": "Ningbo Marine Company Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.593, "architecture_energy": 43.153, "architecture_maturity": 48.222, "architecture_confidence": 84.611, "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": 14.41, "rotation_up": 24.49, "upward_expansion": 6.47, "deceleration": 59.49, "rotation_down": 47.1, "downward_expansion": 77.47 }, "activity_lines": [ 3.178, 3.194275, 3.344071, 3.457709 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 3.21, "trend_reference": 3.579633, "distance_from_trend": -0.10326, "trend_direction": "Weakening", "fair_value": 3.418874, "distance_from_fair_value": -0.061094, "fair_value_direction": "Weakening", "relative_strength": -12.979429, "relative_strength_direction": "Weakening", "price_momentum": -0.155263, "excess_performance": -0.112059, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.10326, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.04594, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.061094, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.164961, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.129794, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014867, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.155263, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.828725, "read": "Supply-led" } ], "volume": { "latest": 67977335, "relative_activity": 0.716585, "balance": 0.828725, "dry_up": 0.723401, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.073479, "annualized_volatility": 0.315229, "from_high_reference": -0.324211, "from_low_reference": 0.07 }, "levels": { "trend_reference": 3.579633, "fair_value_reference": 3.418874, "structural_low": 3.0, "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": 28, "median_return": -0.006951, "positive_rate": 0.464286, "directional_follow_through": 0.535714, "median_excess_return": 4.6e-05, "regime_survival": 0.785714, "best_return": 0.171756, "worst_return": -0.125908, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.001601, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.019863, "regime_survival": 0.4, "best_return": 0.174242, "worst_return": -0.144748, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.024431, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.033458, "regime_survival": 0.333333, "best_return": 0.125, "worst_return": -0.160884, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.047668, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.007638, "regime_survival": 0.333333, "best_return": -0.007365, "worst_return": -0.055995, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-29", "end": "2023-11-24", "tenure": "Developing", "return": 0.030471, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-01-19", "tenure": "Developing", "return": -0.08094, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-09", "tenure": "New", "return": -0.196237, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-23", "end": "2024-09-27", "tenure": "Extended", "return": -0.090958, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-29", "tenure": "Developing", "return": 0.039088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.135542, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-18", "tenure": "Established", "return": 0.038869, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.00678, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-08-01", "tenure": "Developing", "return": -0.103166, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-11-14", "tenure": "Established", "return": 0.037406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.019231, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-02-13", "tenure": "Developing", "return": 0.03662, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-06-12", "tenure": "Established", "return": -0.161705, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.087235, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.585306, "volume": 33538227, "typical_volume": 29484033.95, "trend": 3.622035, "fair_value": 3.952637, "relative_strength": -4.974529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.408468, "energy": 22.237137, "activity_lines": [ 3.508405, 3.492484, 3.520662, 3.56869 ] }, { "date": "2023-08-04", "close": 3.585306, "volume": 32674492, "typical_volume": 27448837.2, "trend": 3.620455, "fair_value": 3.956622, "relative_strength": -5.122937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.412511, "energy": 18.49888, "activity_lines": [ 3.541277, 3.510102, 3.52302, 3.566321 ] }, { "date": "2023-08-11", "close": 3.506508, "volume": 29506885, "typical_volume": 25984265.15, "trend": 3.61397, "fair_value": 3.959858, "relative_strength": -4.179903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.131538, "energy": 21.663607, "activity_lines": [ 3.537371, 3.511591, 3.518935, 3.558969 ] }, { "date": "2023-08-18", "close": 3.664104, "volume": 75252668, "typical_volume": 27880612.8, "trend": 3.615342, "fair_value": 3.963862, "relative_strength": 1.913983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.936947, "energy": 21.287706, "activity_lines": [ 3.583993, 3.541898, 3.530693, 3.562204 ] }, { "date": "2023-08-25", "close": 3.339063, "volume": 99842627, "typical_volume": 31500744.15, "trend": 3.602625, "fair_value": 3.966268, "relative_strength": -4.958645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.296357, "energy": 24.864995, "activity_lines": [ 3.508478, 3.509873, 3.511206, 3.544379 ] }, { "date": "2023-09-01", "close": 3.46711, "volume": 52463248, "typical_volume": 32405970.55, "trend": 3.593525, "fair_value": 3.96907, "relative_strength": -3.372378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.541222, "energy": 25.235033, "activity_lines": [ 3.485496, 3.503981, 3.505359, 3.535636 ] }, { "date": "2023-09-08", "close": 3.46711, "volume": 51295491, "typical_volume": 32999656.6, "trend": 3.582797, "fair_value": 3.971871, "relative_strength": -2.616401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.163849, "energy": 26.474219, "activity_lines": [ 3.470393, 3.498082, 3.5003, 3.527481 ] }, { "date": "2023-09-15", "close": 3.565607, "volume": 32553902, "typical_volume": 33109478.95, "trend": 3.577306, "fair_value": 3.975851, "relative_strength": 0.323506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.193417, "energy": 21.017417, "activity_lines": [ 3.496002, 3.509374, 3.505084, 3.526372 ] }, { "date": "2023-09-22", "close": 3.536057, "volume": 40032447, "typical_volume": 34221025.95, "trend": 3.568876, "fair_value": 3.979762, "relative_strength": -0.779587, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.087146, "energy": 11.213151, "activity_lines": [ 3.507822, 3.513672, 3.507095, 3.52371 ] }, { "date": "2023-09-29", "close": 3.555757, "volume": 23403999, "typical_volume": 32953005.7, "trend": 3.557523, "fair_value": 3.984043, "relative_strength": 0.626318, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.865031, "energy": 8.543802, "activity_lines": [ 3.534744, 3.520119, 3.511396, 3.522864 ] }, { "date": "2023-10-13", "close": 3.44741, "volume": 29485734, "typical_volume": 32597181.0, "trend": 3.544836, "fair_value": 3.987507, "relative_strength": -1.480156, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.246706, "energy": 15.005044, "activity_lines": [ 3.511105, 3.505613, 3.505884, 3.51576 ] }, { "date": "2023-10-20", "close": 3.398161, "volume": 32045282, "typical_volume": 32907399.3, "trend": 3.531159, "fair_value": 3.991202, "relative_strength": 0.577121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.014785, "energy": 23.570189, "activity_lines": [ 3.472362, 3.48466, 3.496099, 3.506297 ] }, { "date": "2023-10-27", "close": 3.614856, "volume": 57426160, "typical_volume": 35043109.65, "trend": 3.528937, "fair_value": 3.996469, "relative_strength": 5.70934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.65559, "energy": 5.029975, "activity_lines": [ 3.510448, 3.506508, 3.507371, 3.511697 ] }, { "date": "2023-11-03", "close": 3.555757, "volume": 35294716, "typical_volume": 36041132.5, "trend": 3.527349, "fair_value": 4.000931, "relative_strength": 3.686732, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.860552, "energy": 5.401412, "activity_lines": [ 3.525551, 3.515642, 3.512541, 3.513427 ] }, { "date": "2023-11-10", "close": 3.673954, "volume": 65807667, "typical_volume": 38458268.85, "trend": 3.528398, "fair_value": 4.006091, "relative_strength": 6.821027, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.972256, "energy": 28.355907, "activity_lines": [ 3.57874, 3.548235, 3.528637, 3.522886 ] }, { "date": "2023-11-17", "close": 3.605006, "volume": 262102322, "typical_volume": 51114324.75, "trend": 3.527475, "fair_value": 4.01099, "relative_strength": 4.292654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.600571, "energy": 34.52218, "activity_lines": [ 3.601066, 3.562204, 3.537319, 3.527828 ] }, { "date": "2023-11-24", "close": 3.664104, "volume": 79764387, "typical_volume": 54164656.7, "trend": 3.530801, "fair_value": 4.01639, "relative_strength": 6.452619, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.550168, "energy": 48.725568, "activity_lines": [ 3.632585, 3.584411, 3.550971, 3.536643 ] }, { "date": "2023-12-01", "close": 3.772451, "volume": 85571922, "typical_volume": 57647912.8, "trend": 3.537412, "fair_value": 4.020967, "relative_strength": 9.828075, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.902987, "energy": 63.549328, "activity_lines": [ 3.68249, 3.622735, 3.573815, 3.552233 ] }, { "date": "2023-12-08", "close": 3.713353, "volume": 72917407, "typical_volume": 60376127.3, "trend": 3.540426, "fair_value": 4.025226, "relative_strength": 10.266243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.416593, "energy": 56.738598, "activity_lines": [ 3.70219, 3.646554, 3.589621, 3.563584 ] }, { "date": "2023-12-15", "close": 3.772451, "volume": 55743268, "typical_volume": 62336142.55, "trend": 3.544108, "fair_value": 4.026343, "relative_strength": 12.85752, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.856754, "energy": 61.097761, "activity_lines": [ 3.731082, 3.677894, 3.609837, 3.578554 ] }, { "date": "2023-12-22", "close": 3.85125, "volume": 247322474, "typical_volume": 73025354.9, "trend": 3.554648, "fair_value": 4.027844, "relative_strength": 16.056321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.073969, "energy": 63.13812, "activity_lines": [ 3.779675, 3.719621, 3.636197, 3.598369 ] }, { "date": "2023-12-29", "close": 3.605006, "volume": 125127565, "typical_volume": 77648008.55, "trend": 3.558608, "fair_value": 4.028738, "relative_strength": 6.394059, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.708152, "energy": 33.457081, "activity_lines": [ 3.729769, 3.709234, 3.637838, 3.601618 ] }, { "date": "2024-01-05", "close": 3.693654, "volume": 103999766, "typical_volume": 81372652.6, "trend": 3.564546, "fair_value": 4.032203, "relative_strength": 10.531752, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.620442, "energy": 27.959113, "activity_lines": [ 3.713353, 3.711204, 3.647829, 3.610331 ] }, { "date": "2024-01-12", "close": 3.703503, "volume": 63620135, "typical_volume": 80791025.95, "trend": 3.571789, "fair_value": 4.032939, "relative_strength": 12.434809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.108405, "energy": 20.458433, "activity_lines": [ 3.705473, 3.713532, 3.657866, 3.619296 ] }, { "date": "2024-01-19", "close": 3.46711, "volume": 87346096, "typical_volume": 80166199.4, "trend": 3.570826, "fair_value": 4.028092, "relative_strength": 7.011397, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.950935, "energy": 12.541261, "activity_lines": [ 3.619452, 3.670193, 3.645202, 3.612542 ] }, { "date": "2024-01-26", "close": 3.664104, "volume": 100093469, "typical_volume": 82547710.45, "trend": 3.577407, "fair_value": 4.020321, "relative_strength": 9.831456, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.8271, "energy": 14.410032, "activity_lines": [ 3.619452, 3.666432, 3.65069, 3.61856 ] }, { "date": "2024-02-02", "close": 3.132218, "volume": 96455215, "typical_volume": 84805696.65, "trend": 3.56756, "fair_value": 4.008715, "relative_strength": 0.067833, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.479335, "energy": 29.56279, "activity_lines": [ 3.454633, 3.564891, 3.604584, 3.589838 ] }, { "date": "2024-02-09", "close": 2.945073, "volume": 130023338, "typical_volume": 89679168.45, "trend": 3.549847, "fair_value": 3.999126, "relative_strength": -10.189387, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.264826, "energy": 67.794497, "activity_lines": [ 3.258951, 3.438993, 3.542249, 3.549678 ] }, { "date": "2024-02-23", "close": 3.132218, "volume": 75852962, "typical_volume": 91470194.2, "trend": 3.539013, "fair_value": 3.990191, "relative_strength": -8.716578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.808159, "energy": 71.018945, "activity_lines": [ 3.175557, 3.362165, 3.500692, 3.522734 ] }, { "date": "2024-03-01", "close": 3.122369, "volume": 71801114, "typical_volume": 93890049.95, "trend": 3.526865, "fair_value": 3.985745, "relative_strength": -9.47774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.078329, "energy": 72.731932, "activity_lines": [ 3.126965, 3.294112, 3.460121, 3.495854 ] }, { "date": "2024-03-08", "close": 3.122369, "volume": 52453705, "typical_volume": 95038448.5, "trend": 3.511433, "fair_value": 3.98397, "relative_strength": -9.837485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.973584, "energy": 69.478389, "activity_lines": [ 3.101356, 3.237879, 3.421613, 3.469757 ] }, { "date": "2024-03-15", "close": 3.201166, "volume": 55672139, "typical_volume": 96219791.35, "trend": 3.498629, "fair_value": 3.980818, "relative_strength": -7.63121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.952633, "energy": 49.504118, "activity_lines": [ 3.138128, 3.209225, 3.392158, 3.44974 ] }, { "date": "2024-03-22", "close": 3.191317, "volume": 52480099, "typical_volume": 95972488.3, "trend": 3.488122, "fair_value": 3.975964, "relative_strength": -7.499414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.411837, "energy": 37.547718, "activity_lines": [ 3.167021, 3.186123, 3.362702, 3.429913 ] }, { "date": "2024-03-29", "close": 3.191317, "volume": 40582160, "typical_volume": 96236860.5, "trend": 3.472363, "fair_value": 3.971778, "relative_strength": -7.097561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.389746, "energy": 30.192085, "activity_lines": [ 3.179497, 3.172155, 3.335264, 3.410765 ] }, { "date": "2024-04-05", "close": 3.378462, "volume": 82525663, "typical_volume": 97072760.3, "trend": 3.473676, "fair_value": 3.965939, "relative_strength": -2.506741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.756431, "energy": 20.346099, "activity_lines": [ 3.250415, 3.201525, 3.327384, 3.404707 ] }, { "date": "2024-04-12", "close": 3.378462, "volume": 108513237, "typical_volume": 89393306.05, "trend": 3.470721, "fair_value": 3.95931, "relative_strength": -0.928287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.679157, "energy": 18.072082, "activity_lines": [ 3.304261, 3.232507, 3.320911, 3.398564 ] }, { "date": "2024-04-19", "close": 3.289814, "volume": 132052165, "typical_volume": 92007694.95, "trend": 3.464811, "fair_value": 3.951992, "relative_strength": -4.934326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.472712, "energy": 17.107217, "activity_lines": [ 3.311484, 3.252564, 3.307075, 3.386892 ] }, { "date": "2024-04-26", "close": 3.181467, "volume": 85205797, "typical_volume": 91989388.7, "trend": 3.452007, "fair_value": 3.945679, "relative_strength": -8.670482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.936259, "energy": 18.762337, "activity_lines": [ 3.276681, 3.250057, 3.284702, 3.368612 ] }, { "date": "2024-05-03", "close": 3.06327, "volume": 50259554, "typical_volume": 90856496.05, "trend": 3.436247, "fair_value": 3.939033, "relative_strength": -12.382995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.886662, "energy": 30.050671, "activity_lines": [ 3.203136, 3.221761, 3.253886, 3.343532 ] }, { "date": "2024-05-10", "close": 3.151918, "volume": 96633653, "typical_volume": 92901015.3, "trend": 3.422786, "fair_value": 3.928585, "relative_strength": -11.152645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.362965, "energy": 40.122471, "activity_lines": [ 3.167677, 3.210837, 3.234609, 3.325189 ] }, { "date": "2024-05-17", "close": 3.181467, "volume": 143058594, "typical_volume": 87687821.3, "trend": 3.413921, "fair_value": 3.91857, "relative_strength": -10.185398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.127377, "energy": 50.110931, "activity_lines": [ 3.157171, 3.204748, 3.221101, 3.30962 ] }, { "date": "2024-05-24", "close": 3.07312, "volume": 67684500, "typical_volume": 84815668.05, "trend": 3.403086, "fair_value": 3.908163, "relative_strength": -11.225372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.756679, "energy": 57.123524, "activity_lines": [ 3.123682, 3.177885, 3.200463, 3.287632 ] }, { "date": "2024-05-31", "close": 3.07312, "volume": 50972012, "typical_volume": 82164280.35, "trend": 3.385028, "fair_value": 3.895329, "relative_strength": -11.042491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.680068, "energy": 53.259903, "activity_lines": [ 3.104639, 3.153351, 3.182358, 3.266344 ] }, { "date": "2024-06-07", "close": 2.945073, "volume": 53837560, "typical_volume": 81675151.6, "trend": 3.364672, "fair_value": 3.880945, "relative_strength": -13.578046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.343123, "energy": 56.111305, "activity_lines": [ 3.050137, 3.107684, 3.155013, 3.23796 ] }, { "date": "2024-06-14", "close": 2.817026, "volume": 29661623, "typical_volume": 78790927.95, "trend": 3.336108, "fair_value": 3.868047, "relative_strength": -16.598266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.465897, "energy": 69.763877, "activity_lines": [ 2.960833, 3.043212, 3.119085, 3.202628 ] }, { "date": "2024-06-21", "close": 2.777627, "volume": 21689000, "typical_volume": 74870704.5, "trend": 3.308529, "fair_value": 3.853682, "relative_strength": -16.599101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.650932, "energy": 75.481343, "activity_lines": [ 2.880721, 2.981786, 3.0825, 3.166597 ] }, { "date": "2024-06-28", "close": 2.697982, "volume": 25455414, "typical_volume": 71320714.45, "trend": 3.276325, "fair_value": 3.837108, "relative_strength": -17.92581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.743526, "energy": 81.968017, "activity_lines": [ 2.800984, 2.916802, 3.042552, 3.127207 ] }, { "date": "2024-07-05", "close": 2.727849, "volume": 25426988, "typical_volume": 66090896.95, "trend": 3.241505, "fair_value": 3.82291, "relative_strength": -16.294271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.668685, "energy": 83.296199, "activity_lines": [ 2.756212, 2.86801, 3.007515, 3.091821 ] }, { "date": "2024-07-12", "close": 2.717894, "volume": 27843674, "typical_volume": 63690432.55, "trend": 3.208323, "fair_value": 3.806528, "relative_strength": -16.974272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.532737, "energy": 81.189931, "activity_lines": [ 2.731139, 2.825655, 2.972565, 3.05804 ] }, { "date": "2024-07-19", "close": 2.688027, "volume": 17174700, "typical_volume": 60959111.85, "trend": 3.172175, "fair_value": 3.790876, "relative_strength": -17.923113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.820943, "energy": 83.813811, "activity_lines": [ 2.711257, 2.78415, 2.936743, 3.024473 ] }, { "date": "2024-07-26", "close": 2.727849, "volume": 21662641, "typical_volume": 59419558.65, "trend": 3.134728, "fair_value": 3.773823, "relative_strength": -13.886084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.946151, "energy": 75.758087, "activity_lines": [ 2.713248, 2.758319, 2.906783, 2.995806 ] }, { "date": "2024-08-02", "close": 2.787583, "volume": 23692542, "typical_volume": 57820578.8, "trend": 3.107481, "fair_value": 3.758379, "relative_strength": -12.22017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.781167, "energy": 54.50594, "activity_lines": [ 2.738469, 2.751596, 2.884389, 2.97341 ] }, { "date": "2024-08-09", "close": 2.767672, "volume": 21309916, "typical_volume": 56262069.65, "trend": 3.076615, "fair_value": 3.74244, "relative_strength": -11.334607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.809192, "energy": 46.325559, "activity_lines": [ 2.751079, 2.746445, 2.862069, 2.951487 ] }, { "date": "2024-08-16", "close": 2.737805, "volume": 18224469, "typical_volume": 55144185.1, "trend": 3.044425, "fair_value": 3.728088, "relative_strength": -12.60133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.111553, "energy": 43.457848, "activity_lines": [ 2.751079, 2.741417, 2.838922, 2.929628 ] }, { "date": "2024-08-23", "close": 2.628293, "volume": 17525540, "typical_volume": 51894178.95, "trend": 3.016464, "fair_value": 3.714998, "relative_strength": -15.092403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.150202, "energy": 54.139568, "activity_lines": [ 2.713248, 2.720247, 2.807505, 2.902781 ] }, { "date": "2024-08-30", "close": 2.628293, "volume": 21154332, "typical_volume": 47526233.7, "trend": 2.981937, "fair_value": 3.704607, "relative_strength": -14.356973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.223426, "energy": 56.978917, "activity_lines": [ 2.679399, 2.702508, 2.77966, 2.877738 ] }, { "date": "2024-09-06", "close": 2.608381, "volume": 14857802, "typical_volume": 41666515.55, "trend": 2.964476, "fair_value": 3.693475, "relative_strength": -12.429036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.072354, "energy": 79.621187, "activity_lines": [ 2.645549, 2.683863, 2.753491, 2.853637 ] }, { "date": "2024-09-13", "close": 2.528736, "volume": 34946304, "typical_volume": 39153540.9, "trend": 2.950598, "fair_value": 3.680298, "relative_strength": -12.898711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.031865, "energy": 89.106935, "activity_lines": [ 2.597098, 2.652367, 2.722981, 2.825525 ] }, { "date": "2024-09-20", "close": 2.608381, "volume": 37685751, "typical_volume": 38524850.75, "trend": 2.933137, "fair_value": 3.668675, "relative_strength": -10.975539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.271449, "energy": 70.893742, "activity_lines": [ 2.591125, 2.638972, 2.703165, 2.803446 ] }, { "date": "2024-09-27", "close": 2.847317, "volume": 61662853, "typical_volume": 36776310.75, "trend": 2.923969, "fair_value": 3.657295, "relative_strength": -13.515273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.458127, "energy": 32.554149, "activity_lines": [ 2.673425, 2.671011, 2.708271, 2.79791 ] }, { "date": "2024-10-04", "close": 3.056386, "volume": 42484392, "typical_volume": 31747600.65, "trend": 2.921769, "fair_value": 3.647317, "relative_strength": -13.761319, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.490386, "energy": 17.975703, "activity_lines": [ 2.810813, 2.738167, 2.734739, 2.806453 ] }, { "date": "2024-10-11", "close": 2.907051, "volume": 107764657, "typical_volume": 33751608.5, "trend": 2.911965, "fair_value": 3.634296, "relative_strength": -14.576873, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 1.6858, "energy": 23.616991, "activity_lines": [ 2.869883, 2.772197, 2.74758, 2.805503 ] }, { "date": "2024-10-18", "close": 2.917007, "volume": 51097442, "typical_volume": 33757880.0, "trend": 2.902822, "fair_value": 3.620663, "relative_strength": -15.093331, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.60099, "energy": 35.243518, "activity_lines": [ 2.912361, 2.805865, 2.76216, 2.805828 ] }, { "date": "2024-10-25", "close": 2.966785, "volume": 53294329, "typical_volume": 33730718.45, "trend": 2.895337, "fair_value": 3.606553, "relative_strength": -14.266768, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.357661, "energy": 38.012713, "activity_lines": [ 2.945546, 2.845869, 2.782224, 2.809955 ] }, { "date": "2024-11-01", "close": 3.076297, "volume": 97263963, "typical_volume": 37110835.45, "trend": 2.885265, "fair_value": 3.596334, "relative_strength": -9.924319, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.652798, "energy": 55.833103, "activity_lines": [ 2.991342, 2.901621, 2.812615, 2.82163 ] }, { "date": "2024-11-08", "close": 3.175854, "volume": 113998445, "typical_volume": 41726307.7, "trend": 2.878511, "fair_value": 3.58522, "relative_strength": -11.452113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.313986, "energy": 61.460203, "activity_lines": [ 3.055059, 2.967328, 2.851252, 2.840378 ] }, { "date": "2024-11-15", "close": 3.066341, "volume": 83241551, "typical_volume": 44615614.55, "trend": 2.871062, "fair_value": 3.577821, "relative_strength": -10.909489, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.761067, "energy": 50.928461, "activity_lines": [ 3.074306, 3.003168, 2.877563, 2.852496 ] }, { "date": "2024-11-22", "close": 3.086253, "volume": 78167536, "typical_volume": 47252641.95, "trend": 2.867889, "fair_value": 3.571347, "relative_strength": -8.184578, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.528924, "energy": 48.611233, "activity_lines": [ 3.089571, 3.034302, 2.904017, 2.866379 ] }, { "date": "2024-11-29", "close": 3.175854, "volume": 83216990, "typical_volume": 50021307.75, "trend": 2.871641, "fair_value": 3.566859, "relative_strength": -6.766235, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.019737, "energy": 59.124501, "activity_lines": [ 3.123421, 3.071591, 2.937297, 2.886248 ] }, { "date": "2024-12-06", "close": 3.305277, "volume": 88357139, "typical_volume": 53580429.7, "trend": 2.876753, "fair_value": 3.563813, "relative_strength": -4.689978, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.396194, "energy": 63.497808, "activity_lines": [ 3.186473, 3.122093, 2.980723, 2.914224 ] }, { "date": "2024-12-13", "close": 3.315233, "volume": 111847987, "typical_volume": 58089697.0, "trend": 2.881212, "fair_value": 3.559973, "relative_strength": -3.561995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.687464, "energy": 67.771822, "activity_lines": [ 3.237579, 3.166079, 3.022157, 2.942513 ] }, { "date": "2024-12-20", "close": 3.165898, "volume": 87775177, "typical_volume": 61293828.75, "trend": 2.884305, "fair_value": 3.555421, "relative_strength": -6.649161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.252973, "energy": 56.739385, "activity_lines": [ 3.229614, 3.178207, 3.046572, 2.96088 ] }, { "date": "2024-12-27", "close": 3.066341, "volume": 64441100, "typical_volume": 63450387.95, "trend": 2.884079, "fair_value": 3.550537, "relative_strength": -9.714328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.439892, "energy": 43.009007, "activity_lines": [ 3.181827, 3.167527, 3.059704, 2.972624 ] }, { "date": "2025-01-03", "close": 2.857273, "volume": 57008454, "typical_volume": 65389587.2, "trend": 2.881152, "fair_value": 3.542534, "relative_strength": -10.370683, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.075762, "energy": 14.918006, "activity_lines": [ 3.065678, 3.11612, 3.051503, 2.970895 ] }, { "date": "2025-01-10", "close": 2.81745, "volume": 44829240, "typical_volume": 66754772.2, "trend": 2.881166, "fair_value": 3.534889, "relative_strength": -9.773237, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.085315, "energy": 20.502042, "activity_lines": [ 2.957493, 3.059463, 3.03894, 2.966785 ] }, { "date": "2025-01-17", "close": 2.917007, "volume": 37239724, "typical_volume": 67559041.8, "trend": 2.885812, "fair_value": 3.528005, "relative_strength": -8.005523, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.945881, "energy": 25.458547, "activity_lines": [ 2.915016, 3.025614, 3.034957, 2.969097 ] }, { "date": "2025-01-24", "close": 2.88714, "volume": 36755816, "typical_volume": 68653942.5, "trend": 2.892118, "fair_value": 3.521543, "relative_strength": -8.645501, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.676535, "energy": 31.589191, "activity_lines": [ 2.889131, 2.991041, 3.026756, 2.969183 ] }, { "date": "2025-01-31", "close": 2.897095, "volume": 7082192, "typical_volume": 67260736.9, "trend": 2.897759, "fair_value": 3.514409, "relative_strength": -7.600783, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.387593, "energy": 31.00412, "activity_lines": [ 2.885149, 2.961536, 3.018175, 2.969504 ] }, { "date": "2025-02-07", "close": 2.976741, "volume": 21378177, "typical_volume": 66445358.2, "trend": 2.906387, "fair_value": 3.507663, "relative_strength": -6.124717, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.463124, "energy": 16.022747, "activity_lines": [ 2.918998, 2.949951, 3.015425, 2.9746 ] }, { "date": "2025-02-14", "close": 2.956829, "volume": 36448978, "typical_volume": 65184664.45, "trend": 2.915347, "fair_value": 3.501463, "relative_strength": -7.685766, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.852758, "energy": 11.001924, "activity_lines": [ 2.938245, 2.938366, 3.009025, 2.977854 ] }, { "date": "2025-02-21", "close": 2.956829, "volume": 40047930, "typical_volume": 65062841.35, "trend": 2.92298, "fair_value": 3.495755, "relative_strength": -8.262125, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.224972, "energy": 11.744396, "activity_lines": [ 2.948201, 2.933117, 3.002104, 2.98053 ] }, { "date": "2025-02-28", "close": 2.946874, "volume": 36818111, "typical_volume": 61515514.05, "trend": 2.92829, "fair_value": 3.491149, "relative_strength": -6.697096, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.555502, "energy": 12.830253, "activity_lines": [ 2.952183, 2.932574, 2.994708, 2.982072 ] }, { "date": "2025-03-07", "close": 2.907051, "volume": 42742622, "typical_volume": 61097773.05, "trend": 2.932936, "fair_value": 3.483894, "relative_strength": -9.067669, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.304493, "energy": 6.414383, "activity_lines": [ 2.938909, 2.928772, 2.98333, 2.980701 ] }, { "date": "2025-03-14", "close": 3.136031, "volume": 155833635, "typical_volume": 66224738.35, "trend": 2.94621, "fair_value": 3.478353, "relative_strength": -2.996343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.093823, "energy": 23.185024, "activity_lines": [ 3.001298, 2.9695, 2.993807, 2.993804 ] }, { "date": "2025-03-21", "close": 3.195765, "volume": 192770737, "typical_volume": 71000077.05, "trend": 2.965126, "fair_value": 3.47301, "relative_strength": 0.65835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.836404, "energy": 35.051811, "activity_lines": [ 3.072979, 3.01602, 3.009168, 3.009905 ] }, { "date": "2025-03-28", "close": 3.036474, "volume": 89358272, "typical_volume": 69768068.4, "trend": 2.978732, "fair_value": 3.454806, "relative_strength": -3.691632, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.060145, "energy": 30.229232, "activity_lines": [ 3.075633, 3.0267, 3.008788, 3.014508 ] }, { "date": "2025-04-04", "close": 3.036474, "volume": 40722344, "typical_volume": 67642108.05, "trend": 2.993001, "fair_value": 3.44421, "relative_strength": -3.042836, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.601172, "energy": 35.560783, "activity_lines": [ 3.072978, 3.035207, 3.009073, 3.018233 ] }, { "date": "2025-04-11", "close": 3.384923, "volume": 318057295, "typical_volume": 79636596.0, "trend": 3.021541, "fair_value": 3.438669, "relative_strength": 11.716081, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.538938, "energy": 57.865963, "activity_lines": [ 3.1805, 3.104354, 3.042685, 3.043518 ] }, { "date": "2025-04-18", "close": 2.926962, "volume": 377785651, "typical_volume": 94365029.05, "trend": 3.03216, "fair_value": 3.429702, "relative_strength": -4.179093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.810877, "energy": 10.278161, "activity_lines": [ 3.103509, 3.081365, 3.03126, 3.037417 ] }, { "date": "2025-04-25", "close": 2.936918, "volume": 135646951, "typical_volume": 96729519.65, "trend": 3.035147, "fair_value": 3.418037, "relative_strength": -4.113567, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.22666, "energy": 7.920711, "activity_lines": [ 3.043775, 3.061092, 3.021968, 3.031272 ] }, { "date": "2025-05-02", "close": 2.827406, "volume": 60517105, "typical_volume": 94162975.55, "trend": 3.027514, "fair_value": 3.404935, "relative_strength": -6.998489, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.364086, "energy": 22.488887, "activity_lines": [ 2.964794, 3.021269, 3.004, 3.017869 ] }, { "date": "2025-05-09", "close": 2.956829, "volume": 100678733, "typical_volume": 94808153.35, "trend": 3.029174, "fair_value": 3.394748, "relative_strength": -4.346879, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.70383, "energy": 27.571578, "activity_lines": [ 2.942891, 3.007332, 3.000682, 3.013309 ] }, { "date": "2025-05-16", "close": 4.460133, "volume": 298103284, "typical_volume": 106491262.55, "trend": 3.080611, "fair_value": 3.395118, "relative_strength": 42.259864, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.123723, "energy": 66.868279, "activity_lines": [ 3.4274, 3.266541, 3.14153, 3.105629 ] }, { "date": "2025-05-23", "close": 3.80306, "volume": 1258310495, "typical_volume": 166556364.6, "trend": 3.108487, "fair_value": 3.395632, "relative_strength": 21.639517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.623321, "energy": 65.815944, "activity_lines": [ 3.621203, 3.378044, 3.213164, 3.152238 ] }, { "date": "2025-05-30", "close": 3.822971, "volume": 599127598, "typical_volume": 194271282.5, "trend": 3.133376, "fair_value": 3.396273, "relative_strength": 21.940822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.439295, "energy": 70.228429, "activity_lines": [ 3.763237, 3.48104, 3.282189, 3.198334 ] }, { "date": "2025-06-06", "close": 3.713459, "volume": 331470146, "typical_volume": 208982803.6, "trend": 3.151296, "fair_value": 3.394679, "relative_strength": 16.806761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.489296, "energy": 70.874263, "activity_lines": [ 3.809697, 3.55272, 3.335997, 3.235759 ] }, { "date": "2025-06-13", "close": 4.141552, "volume": 986406411, "typical_volume": 256465333.35, "trend": 3.187137, "fair_value": 3.396197, "relative_strength": 29.804194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.437401, "energy": 62.31544, "activity_lines": [ 3.939784, 3.689927, 3.426784, 3.299646 ] }, { "date": "2025-06-20", "close": 4.340665, "volume": 912639017, "typical_volume": 301743174.6, "trend": 3.22895, "fair_value": 3.398316, "relative_strength": 35.727603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.857629, "energy": 58.870837, "activity_lines": [ 4.057261, 3.843244, 3.530559, 3.374067 ] }, { "date": "2025-06-27", "close": 4.460133, "volume": 1040417762, "typical_volume": 352695153.85, "trend": 3.27176, "fair_value": 3.400772, "relative_strength": 35.764239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.79478, "energy": 54.601102, "activity_lines": [ 4.222525, 4.000906, 3.638839, 3.453499 ] }, { "date": "2025-07-04", "close": 4.549734, "volume": 882913724, "typical_volume": 395018391.15, "trend": 3.313242, "fair_value": 3.404477, "relative_strength": 35.526094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.686492, "energy": 55.703058, "activity_lines": [ 4.373851, 4.146982, 3.748588, 3.535949 ] }, { "date": "2025-07-11", "close": 4.37, "volume": 447447406, "typical_volume": 415388364.95, "trend": 3.348401, "fair_value": 3.407459, "relative_strength": 27.927988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.309289, "energy": 53.270142, "activity_lines": [ 4.416814, 4.231056, 3.833635, 3.604127 ] }, { "date": "2025-07-18", "close": 4.3, "volume": 358702211, "typical_volume": 431482569.95, "trend": 3.386204, "fair_value": 3.410115, "relative_strength": 24.239159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.050595, "energy": 46.564235, "activity_lines": [ 4.392676, 4.274356, 3.905285, 3.66552 ] }, { "date": "2025-07-25", "close": 4.18, "volume": 269747392, "typical_volume": 442832808.45, "trend": 3.423326, "fair_value": 3.412248, "relative_strength": 18.273438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.581335, "energy": 38.849289, "activity_lines": [ 4.317973, 4.271415, 3.959063, 3.716733 ] }, { "date": "2025-08-01", "close": 4.0, "volume": 197034805, "typical_volume": 444892866.95, "trend": 3.461417, "fair_value": 3.413288, "relative_strength": 13.886297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.320282, "energy": 25.336359, "activity_lines": [ 4.193982, 4.240841, 3.989637, 3.753937 ] }, { "date": "2025-08-08", "close": 4.01, "volume": 126181078, "typical_volume": 441563384.0, "trend": 3.501168, "fair_value": 3.414955, "relative_strength": 11.513971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.225782, "energy": 18.615555, "activity_lines": [ 4.104, 4.208505, 4.017049, 3.78933 ] }, { "date": "2025-08-15", "close": 4.05, "volume": 355835663, "typical_volume": 454887253.55, "trend": 3.538935, "fair_value": 3.415377, "relative_strength": 10.437566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.997002, "energy": 18.677504, "activity_lines": [ 4.063333, 4.18004, 4.044394, 3.824738 ] }, { "date": "2025-08-22", "close": 4.04, "volume": 156300114, "typical_volume": 460666142.05, "trend": 3.577364, "fair_value": 3.41636, "relative_strength": 6.172321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.911388, "energy": 19.483665, "activity_lines": [ 4.040667, 4.143639, 4.065959, 3.857065 ] }, { "date": "2025-08-29", "close": 3.89, "volume": 149346699, "typical_volume": 452230612.25, "trend": 3.61046, "fair_value": 3.417634, "relative_strength": 1.214305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.169854, "energy": 17.186992, "activity_lines": [ 3.985333, 4.081811, 4.068461, 3.877235 ] }, { "date": "2025-09-05", "close": 3.85, "volume": 164048238, "typical_volume": 441543741.6, "trend": 3.639569, "fair_value": 3.417962, "relative_strength": 1.236319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.506916, "energy": 11.533787, "activity_lines": [ 3.936, 4.020904, 4.064747, 3.892689 ] }, { "date": "2025-09-12", "close": 3.91, "volume": 148350780, "typical_volume": 442178933.05, "trend": 3.671341, "fair_value": 3.418363, "relative_strength": 1.12488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.281229, "energy": 12.25918, "activity_lines": [ 3.916667, 3.982, 4.062353, 3.910137 ] }, { "date": "2025-09-19", "close": 4.06, "volume": 390140631, "typical_volume": 458660109.35, "trend": 3.708114, "fair_value": 3.418222, "relative_strength": 6.168433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.800146, "energy": 11.184815, "activity_lines": [ 3.954, 3.982, 4.06961, 3.935211 ] }, { "date": "2025-09-26", "close": 4.0, "volume": 864112250, "typical_volume": 496831785.2, "trend": 3.743218, "fair_value": 3.41801, "relative_strength": 4.134921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.94129, "energy": 8.434349, "activity_lines": [ 3.970667, 3.976727, 4.065284, 3.954043 ] }, { "date": "2025-10-03", "close": 3.85, "volume": 129522295, "typical_volume": 488402735.75, "trend": 3.77465, "fair_value": 3.416649, "relative_strength": -1.324222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.170106, "energy": 4.684676, "activity_lines": [ 3.94, 3.949636, 4.041704, 3.960932 ] }, { "date": "2025-10-10", "close": 3.9, "volume": 89978211, "typical_volume": 429986121.55, "trend": 3.800115, "fair_value": 3.416985, "relative_strength": -0.593388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.824109, "energy": 5.472029, "activity_lines": [ 3.928667, 3.937636, 4.025792, 3.969019 ] }, { "date": "2025-10-17", "close": 4.1, "volume": 821482539, "typical_volume": 441103868.6, "trend": 3.830256, "fair_value": 3.418166, "relative_strength": 5.712969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.137642, "energy": 12.272467, "activity_lines": [ 3.980667, 3.963818, 4.028466, 3.988366 ] }, { "date": "2025-10-24", "close": 4.04, "volume": 395389534, "typical_volume": 444299838.0, "trend": 3.863707, "fair_value": 3.421465, "relative_strength": 1.012965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.263413, "energy": 11.791082, "activity_lines": [ 4.0, 3.977455, 4.024106, 4.001898 ] }, { "date": "2025-10-31", "close": 4.18, "volume": 420433408, "typical_volume": 416001187.85, "trend": 3.901825, "fair_value": 3.425224, "relative_strength": 4.164058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.681032, "energy": 21.611701, "activity_lines": [ 4.067333, 4.016727, 4.031524, 4.022304 ] }, { "date": "2025-11-07", "close": 4.08, "volume": 236485918, "typical_volume": 382193532.9, "trend": 3.924994, "fair_value": 3.426839, "relative_strength": 0.392809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.846476, "energy": 21.308879, "activity_lines": [ 4.089333, 4.035273, 4.029236, 4.033799 ] }, { "date": "2025-11-14", "close": 4.16, "volume": 199042848, "typical_volume": 340124787.2, "trend": 3.966095, "fair_value": 3.431158, "relative_strength": 2.306674, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.050802, "energy": 28.459338, "activity_lines": [ 4.122667, 4.064909, 4.035808, 4.048961 ] }, { "date": "2025-11-21", "close": 3.64, "volume": 270922652, "typical_volume": 309525233.6, "trend": 3.989531, "fair_value": 3.431205, "relative_strength": -6.857466, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.822325, "energy": 10.026399, "activity_lines": [ 3.965333, 3.994364, 3.994286, 4.027923 ] }, { "date": "2025-11-28", "close": 3.76, "volume": 114482801, "typical_volume": 292877003.35, "trend": 4.020618, "fair_value": 3.431646, "relative_strength": -5.137466, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.999299, "energy": 38.807869, "activity_lines": [ 3.878667, 3.950545, 3.968524, 4.013114 ] }, { "date": "2025-12-05", "close": 3.71, "volume": 82245083, "typical_volume": 279054146.95, "trend": 4.045724, "fair_value": 3.431891, "relative_strength": -6.703916, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.179099, "energy": 52.690508, "activity_lines": [ 3.794, 3.903091, 3.940905, 3.993074 ] }, { "date": "2025-12-12", "close": 3.55, "volume": 92164824, "typical_volume": 270175018.55, "trend": 4.015386, "fair_value": 3.43086, "relative_strength": -10.309022, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.450779, "energy": 66.126466, "activity_lines": [ 3.687333, 3.831818, 3.900857, 3.961092 ] }, { "date": "2025-12-19", "close": 3.57, "volume": 90935684, "typical_volume": 264870062.5, "trend": 4.007617, "fair_value": 3.429832, "relative_strength": -9.791184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.901711, "energy": 67.849759, "activity_lines": [ 3.622667, 3.769636, 3.865714, 3.932358 ] }, { "date": "2025-12-26", "close": 3.58, "volume": 146848584, "typical_volume": 265903437.8, "trend": 3.999518, "fair_value": 3.428305, "relative_strength": -11.212126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.603762, "energy": 70.002686, "activity_lines": [ 3.600667, 3.715273, 3.833571, 3.904769 ] }, { "date": "2026-01-02", "close": 3.52, "volume": 37242362, "typical_volume": 249973772.75, "trend": 3.993069, "fair_value": 3.426769, "relative_strength": -12.809084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.138478, "energy": 69.777049, "activity_lines": [ 3.562667, 3.659455, 3.797762, 3.873833 ] }, { "date": "2026-01-09", "close": 3.6, "volume": 71822588, "typical_volume": 245749896.45, "trend": 3.975018, "fair_value": 3.427122, "relative_strength": -14.082844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.990323, "energy": 55.363385, "activity_lines": [ 3.567333, 3.627636, 3.772095, 3.848473 ] }, { "date": "2026-01-16", "close": 3.69, "volume": 172227510, "typical_volume": 246893937.0, "trend": 3.953329, "fair_value": 3.42749, "relative_strength": -11.537085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.326895, "energy": 41.820429, "activity_lines": [ 3.609333, 3.622727, 3.757095, 3.830085 ] }, { "date": "2026-01-23", "close": 3.74, "volume": 120036613, "typical_volume": 244693355.75, "trend": 3.929324, "fair_value": 3.427739, "relative_strength": -11.108757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.293252, "energy": 30.700329, "activity_lines": [ 3.658667, 3.634, 3.74781, 3.816322 ] }, { "date": "2026-01-30", "close": 3.8, "volume": 294137736, "typical_volume": 251982703.55, "trend": 3.904333, "fair_value": 3.428874, "relative_strength": -9.337234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.954614, "energy": 20.321303, "activity_lines": [ 3.716667, 3.663818, 3.744762, 3.807978 ] }, { "date": "2026-02-06", "close": 3.76, "volume": 157855760, "typical_volume": 240368460.0, "trend": 3.884, "fair_value": 3.429127, "relative_strength": -9.176956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.225363, "energy": 20.965742, "activity_lines": [ 3.746667, 3.683455, 3.738429, 3.798667 ] }, { "date": "2026-02-13", "close": 3.68, "volume": 99631933, "typical_volume": 202144444.15, "trend": 3.863333, "fair_value": 3.428742, "relative_strength": -11.498535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.121223, "energy": 19.166413, "activity_lines": [ 3.734, 3.688545, 3.725905, 3.785505 ] }, { "date": "2026-02-27", "close": 3.97, "volume": 206284611, "typical_volume": 205982559.95, "trend": 3.856333, "fair_value": 3.429902, "relative_strength": -6.516347, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.17201, "energy": 14.190517, "activity_lines": [ 3.812667, 3.746909, 3.742524, 3.792387 ] }, { "date": "2026-03-06", "close": 4.05, "volume": 730231917, "typical_volume": 237995245.25, "trend": 3.858, "fair_value": 3.431951, "relative_strength": -3.909378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.116898, "energy": 24.878268, "activity_lines": [ 3.899333, 3.812182, 3.76619, 3.804882 ] }, { "date": "2026-03-13", "close": 3.88, "volume": 299252824, "typical_volume": 211883759.5, "trend": 3.853667, "fair_value": 3.432535, "relative_strength": -7.445432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.978426, "energy": 19.254205, "activity_lines": [ 3.908667, 3.837818, 3.772952, 3.806301 ] }, { "date": "2026-03-20", "close": 3.73, "volume": 181782433, "typical_volume": 201203404.45, "trend": 3.843, "fair_value": 3.431469, "relative_strength": -7.955844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.362427, "energy": 14.380107, "activity_lines": [ 3.862667, 3.830727, 3.766476, 3.798323 ] }, { "date": "2026-03-27", "close": 3.9, "volume": 198130868, "typical_volume": 190088277.45, "trend": 3.838333, "fair_value": 3.43193, "relative_strength": -2.780664, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.706652, "energy": 12.425952, "activity_lines": [ 3.875333, 3.850727, 3.777667, 3.802 ] }, { "date": "2026-04-03", "close": 3.81, "volume": 129036318, "typical_volume": 184715797.45, "trend": 3.835667, "fair_value": 3.43194, "relative_strength": -4.337256, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.821163, "energy": 3.430948, "activity_lines": [ 3.843333, 3.848909, 3.781619, 3.800172 ] }, { "date": "2026-04-10", "close": 3.75, "volume": 125529734, "typical_volume": 181040141.75, "trend": 3.832333, "fair_value": 3.432379, "relative_strength": -8.405738, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.212288, "energy": 8.623326, "activity_lines": [ 3.802, 3.834, 3.781143, 3.794645 ] }, { "date": "2026-04-17", "close": 3.61, "volume": 100059122, "typical_volume": 172496965.25, "trend": 3.822333, "fair_value": 3.432421, "relative_strength": -12.99296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.755982, "energy": 21.54462, "activity_lines": [ 3.734, 3.793455, 3.769286, 3.780301 ] }, { "date": "2026-04-24", "close": 3.57, "volume": 74895314, "typical_volume": 170517590.9, "trend": 3.806, "fair_value": 3.431957, "relative_strength": -14.528279, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.874907, "energy": 31.761991, "activity_lines": [ 3.670667, 3.749091, 3.753762, 3.764022 ] }, { "date": "2026-05-01", "close": 3.63, "volume": 74762147, "typical_volume": 170143444.1, "trend": 3.793667, "fair_value": 3.431939, "relative_strength": -13.759692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.972099, "energy": 37.702797, "activity_lines": [ 3.638, 3.719091, 3.744857, 3.752667 ] }, { "date": "2026-05-08", "close": 3.79, "volume": 79635274, "typical_volume": 169516966.6, "trend": 3.791667, "fair_value": 3.433386, "relative_strength": -11.492731, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.156322, "energy": 29.886018, "activity_lines": [ 3.676667, 3.719091, 3.751571, 3.75243 ] }, { "date": "2026-05-15", "close": 3.7, "volume": 166815511, "typical_volume": 173310957.95, "trend": 3.785, "fair_value": 3.434193, "relative_strength": -12.679698, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.754368, "energy": 20.661058, "activity_lines": [ 3.686667, 3.706, 3.748571, 3.746516 ] }, { "date": "2026-05-22", "close": 3.69, "volume": 150129233, "typical_volume": 173474990.4, "trend": 3.771333, "fair_value": 3.434623, "relative_strength": -11.731612, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.223046, "energy": 15.416409, "activity_lines": [ 3.696667, 3.697455, 3.744, 3.740387 ] }, { "date": "2026-05-29", "close": 3.46, "volume": 120314972, "typical_volume": 177628620.9, "trend": 3.752, "fair_value": 3.433328, "relative_strength": -15.877437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.369589, "energy": 28.053263, "activity_lines": [ 3.624667, 3.650545, 3.717, 3.720301 ] }, { "date": "2026-06-05", "close": 3.675738, "volume": 74849474, "typical_volume": 177779965.2, "trend": 3.735191, "fair_value": 3.43423, "relative_strength": -9.330491, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.558811, "energy": 27.702682, "activity_lines": [ 3.631913, 3.647771, 3.710832, 3.715381 ] }, { "date": "2026-06-12", "close": 3.328032, "volume": 18807100, "typical_volume": 170108944.7, "trend": 3.710126, "fair_value": 3.433216, "relative_strength": -17.556745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.940657, "energy": 56.84041, "activity_lines": [ 3.520207, 3.585854, 3.671189, 3.689113 ] }, { "date": "2026-06-19", "close": 3.516787, "volume": 224012996, "typical_volume": 175307763.85, "trend": 3.688685, "fair_value": 3.433224, "relative_strength": -13.527814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.287891, "energy": 54.09713, "activity_lines": [ 3.502218, 3.567019, 3.651246, 3.676639 ] }, { "date": "2026-06-26", "close": 3.159148, "volume": 21608116, "typical_volume": 161681282.85, "trend": 3.672657, "fair_value": 3.431127, "relative_strength": -20.320179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.052316, "energy": 71.121273, "activity_lines": [ 3.377231, 3.4874, 3.598305, 3.642475 ] }, { "date": "2026-07-03", "close": 3.139279, "volume": 12534900, "typical_volume": 154415239.85, "trend": 3.651966, "fair_value": 3.428841, "relative_strength": -20.323086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.50115, "energy": 78.719879, "activity_lines": [ 3.28101, 3.412365, 3.546523, 3.608064 ] }, { "date": "2026-07-10", "close": 3.07, "volume": 51642344, "typical_volume": 152015760.4, "trend": 3.630633, "fair_value": 3.426298, "relative_strength": -20.303015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.598094, "energy": 81.844438, "activity_lines": [ 3.183078, 3.332565, 3.4911, 3.570518 ] }, { "date": "2026-07-17", "close": 3.11, "volume": 64812474, "typical_volume": 144942153.55, "trend": 3.615966, "fair_value": 3.424262, "relative_strength": -13.566371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.226302, "energy": 81.268951, "activity_lines": [ 3.138861, 3.27022, 3.44239, 3.536929 ] }, { "date": "2026-07-24", "close": 3.15, "volume": 86158079, "typical_volume": 112738461.65, "trend": 3.601966, "fair_value": 3.422169, "relative_strength": -12.918783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.703588, "energy": 73.495477, "activity_lines": [ 3.122514, 3.227511, 3.401586, 3.506866 ] }, { "date": "2026-07-31", "close": 3.22, "volume": 55547817, "typical_volume": 100553211.3, "trend": 3.589966, "fair_value": 3.420648, "relative_strength": -10.81927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.702078, "energy": 51.263838, "activity_lines": [ 3.153952, 3.20753, 3.371733, 3.482223 ] }, { "date": "2026-08-07", "close": 3.21, "volume": 67977335, "typical_volume": 94862956.4, "trend": 3.579633, "fair_value": 3.418874, "relative_strength": -12.979429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.593138, "energy": 43.15285, "activity_lines": [ 3.178, 3.194275, 3.344071, 3.457709 ] } ], "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." } } }