{ "ticker": { "uuid": "8bf84aeb-c09e-492e-9af6-f74b42e87382", "symbol": "600221", "name": "Hainan Airlines Holding Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -68.383, "architecture_energy": 67.977, "architecture_maturity": 47.474, "architecture_confidence": 91.622, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.31, "rotation_up": 17.0, "upward_expansion": 13.93, "deceleration": 41.4, "rotation_down": 68.01, "downward_expansion": 89.6 }, "activity_lines": [ 1.34, 1.361091, 1.409714, 1.445505 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 1.33, "trend_reference": 1.508667, "distance_from_trend": -0.118427, "trend_direction": "Weakening", "fair_value": 1.468013, "distance_from_fair_value": -0.094013, "fair_value_direction": "Weakening", "relative_strength": -15.393131, "relative_strength_direction": "Weakening", "price_momentum": -0.213018, "excess_performance": -0.169814, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.118427, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078208, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.094013, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.169597, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.153931, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.085552, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.213018, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.60558, "read": "Supply-led" } ], "volume": { "latest": 1247709218, "relative_activity": 0.911422, "balance": 0.60558, "dry_up": 0.908616, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.04974, "annualized_volatility": 0.243096, "from_high_reference": -0.310881, "from_low_reference": 0.023077 }, "levels": { "trend_reference": 1.508667, "fair_value_reference": 1.468013, "structural_low": 1.3, "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": 31, "median_return": -0.025974, "positive_rate": 0.290323, "directional_follow_through": 0.709677, "median_excess_return": -0.007173, "regime_survival": 0.83871, "best_return": 0.228571, "worst_return": -0.125, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.033231, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.024152, "regime_survival": 0.5, "best_return": 0.825243, "worst_return": -0.18254, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.008041, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.019139, "regime_survival": 0.5, "best_return": 0.508197, "worst_return": -0.171875, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.006745, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.092242, "regime_survival": 0.75, "best_return": 0.069231, "worst_return": -0.27381, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-08", "end": "2024-06-07", "tenure": "Established", "return": -0.078571, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-09-27", "tenure": "Established", "return": -0.063492, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": -0.124031, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-10-25", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": 0.111842, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.070175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-28", "tenure": "Developing", "return": -0.076923, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.055556, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-07-18", "tenure": "Developing", "return": 0.052239, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": -0.03125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-12-12", "tenure": "Established", "return": 0.074534, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-03-06", "tenure": "Developing", "return": -0.092486, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.058065, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.06338, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 1.66, "volume": 410467901, "typical_volume": 373189435.1, "trend": 1.716333, "fair_value": 1.752628, "relative_strength": -1.820404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.398065, "energy": 38.515407, "activity_lines": [ 1.622, 1.624545, 1.649476, 1.676323 ] }, { "date": "2023-08-04", "close": 1.67, "volume": 621328795, "typical_volume": 381566671.95, "trend": 1.71, "fair_value": 1.753141, "relative_strength": -1.885626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.288238, "energy": 22.634669, "activity_lines": [ 1.641333, 1.631636, 1.648952, 1.673333 ] }, { "date": "2023-08-11", "close": 1.66, "volume": 410545299, "typical_volume": 381795345.8, "trend": 1.704, "fair_value": 1.753654, "relative_strength": 0.179338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.876343, "energy": 19.465461, "activity_lines": [ 1.651333, 1.636, 1.647571, 1.670108 ] }, { "date": "2023-08-18", "close": 1.61, "volume": 280690709, "typical_volume": 376897490.15, "trend": 1.697667, "fair_value": 1.753846, "relative_strength": -1.454833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.257953, "energy": 22.129951, "activity_lines": [ 1.641333, 1.631636, 1.641905, 1.664043 ] }, { "date": "2023-08-25", "close": 1.54, "volume": 339617548, "typical_volume": 368234849.1, "trend": 1.688, "fair_value": 1.752885, "relative_strength": -3.864228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.77898, "energy": 39.62996, "activity_lines": [ 1.608, 1.615818, 1.630286, 1.653871 ] }, { "date": "2023-09-01", "close": 1.56, "volume": 404735576, "typical_volume": 372662774.8, "trend": 1.680667, "fair_value": 1.751987, "relative_strength": -4.854134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.158998, "energy": 59.355093, "activity_lines": [ 1.585333, 1.605636, 1.621762, 1.645613 ] }, { "date": "2023-09-08", "close": 1.48, "volume": 408049132, "typical_volume": 363210030.05, "trend": 1.67, "fair_value": 1.750641, "relative_strength": -9.271919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.135774, "energy": 81.672078, "activity_lines": [ 1.542667, 1.582, 1.606524, 1.632667 ] }, { "date": "2023-09-15", "close": 1.5, "volume": 321240209, "typical_volume": 355773668.55, "trend": 1.660667, "fair_value": 1.749744, "relative_strength": -8.068604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.344366, "energy": 82.496889, "activity_lines": [ 1.519333, 1.563818, 1.59419, 1.621699 ] }, { "date": "2023-09-22", "close": 1.48, "volume": 537664177, "typical_volume": 373708602.05, "trend": 1.651, "fair_value": 1.748782, "relative_strength": -9.680354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.686471, "energy": 82.796624, "activity_lines": [ 1.5, 1.544, 1.580952, 1.610043 ] }, { "date": "2023-09-29", "close": 1.48, "volume": 211692615, "typical_volume": 360474982.8, "trend": 1.641, "fair_value": 1.746859, "relative_strength": -9.029501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.245632, "energy": 81.60543, "activity_lines": [ 1.489333, 1.526545, 1.568714, 1.599011 ] }, { "date": "2023-10-13", "close": 1.43, "volume": 270929465, "typical_volume": 359649806.3, "trend": 1.630667, "fair_value": 1.744167, "relative_strength": -11.381696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.244288, "energy": 84.210731, "activity_lines": [ 1.466, 1.502182, 1.552714, 1.585398 ] }, { "date": "2023-10-20", "close": 1.37, "volume": 319766401, "typical_volume": 357616630.9, "trend": 1.62, "fair_value": 1.741667, "relative_strength": -11.851907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.788583, "energy": 87.363949, "activity_lines": [ 1.431333, 1.471091, 1.532143, 1.568581 ] }, { "date": "2023-10-27", "close": 1.43, "volume": 386556276, "typical_volume": 337064113.85, "trend": 1.609, "fair_value": 1.739615, "relative_strength": -8.97976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.097081, "energy": 68.326116, "activity_lines": [ 1.424, 1.456364, 1.518476, 1.556323 ] }, { "date": "2023-11-03", "close": 1.45, "volume": 392986789, "typical_volume": 341474961.85, "trend": 1.598667, "fair_value": 1.737564, "relative_strength": -7.984373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.278937, "energy": 58.62822, "activity_lines": [ 1.428, 1.449455, 1.507905, 1.546065 ] }, { "date": "2023-11-10", "close": 1.43, "volume": 245700778, "typical_volume": 339827913.6, "trend": 1.586667, "fair_value": 1.735897, "relative_strength": -9.362029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.580023, "energy": 53.948543, "activity_lines": [ 1.427333, 1.441818, 1.496524, 1.535183 ] }, { "date": "2023-11-17", "close": 1.47, "volume": 285521055, "typical_volume": 343203852.05, "trend": 1.577333, "fair_value": 1.734744, "relative_strength": -7.215793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.601076, "energy": 40.988661, "activity_lines": [ 1.443333, 1.443455, 1.49, 1.527656 ] }, { "date": "2023-11-24", "close": 1.46, "volume": 298348446, "typical_volume": 342675712.0, "trend": 1.569667, "fair_value": 1.734167, "relative_strength": -7.309881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.203159, "energy": 31.112493, "activity_lines": [ 1.453333, 1.444909, 1.483238, 1.520086 ] }, { "date": "2023-12-01", "close": 1.44, "volume": 280616092, "typical_volume": 342261902.4, "trend": 1.560667, "fair_value": 1.733397, "relative_strength": -8.134177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.962166, "energy": 30.900204, "activity_lines": [ 1.450667, 1.443091, 1.475143, 1.51172 ] }, { "date": "2023-12-08", "close": 1.42, "volume": 255589221, "typical_volume": 345653676.05, "trend": 1.551667, "fair_value": 1.732179, "relative_strength": -7.431093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.72143, "energy": 33.749777, "activity_lines": [ 1.440667, 1.438727, 1.465952, 1.502645 ] }, { "date": "2023-12-15", "close": 1.4, "volume": 238027548, "typical_volume": 346003701.6, "trend": 1.542, "fair_value": 1.730833, "relative_strength": -7.757709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.813391, "energy": 46.699913, "activity_lines": [ 1.426, 1.431818, 1.455762, 1.49286 ] }, { "date": "2023-12-22", "close": 1.35, "volume": 349565369, "typical_volume": 342958575.0, "trend": 1.531333, "fair_value": 1.729295, "relative_strength": -9.790346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.105488, "energy": 70.381549, "activity_lines": [ 1.396667, 1.417273, 1.441762, 1.480473 ] }, { "date": "2023-12-29", "close": 1.37, "volume": 306632328, "typical_volume": 327223751.65, "trend": 1.523, "fair_value": 1.727756, "relative_strength": -9.824153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.907328, "energy": 75.640233, "activity_lines": [ 1.382, 1.407818, 1.431143, 1.470065 ] }, { "date": "2024-01-05", "close": 1.35, "volume": 211742182, "typical_volume": 317283595.8, "trend": 1.512, "fair_value": 1.726474, "relative_strength": -9.285761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.489196, "energy": 78.586489, "activity_lines": [ 1.366667, 1.394727, 1.420048, 1.458903 ] }, { "date": "2024-01-12", "close": 1.36, "volume": 368938769, "typical_volume": 321695998.8, "trend": 1.501333, "fair_value": 1.725449, "relative_strength": -6.657045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.99312, "energy": 70.148444, "activity_lines": [ 1.360667, 1.384909, 1.411381, 1.449097 ] }, { "date": "2024-01-19", "close": 1.37, "volume": 599625078, "typical_volume": 334696375.3, "trend": 1.492, "fair_value": 1.724679, "relative_strength": -3.959075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.587398, "energy": 51.397187, "activity_lines": [ 1.362, 1.378545, 1.404857, 1.440624 ] }, { "date": "2024-01-26", "close": 1.46, "volume": 725527765, "typical_volume": 350735984.75, "trend": 1.486667, "fair_value": 1.724295, "relative_strength": -0.156025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.103465, "energy": 25.693191, "activity_lines": [ 1.395333, 1.389636, 1.407714, 1.438559 ] }, { "date": "2024-02-02", "close": 1.36, "volume": 581291483, "typical_volume": 359398102.3, "trend": 1.479333, "fair_value": 1.723846, "relative_strength": -0.623096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.102381, "energy": 27.082681, "activity_lines": [ 1.388, 1.382727, 1.401524, 1.430387 ] }, { "date": "2024-02-09", "close": 1.41, "volume": 624196682, "typical_volume": 374545925.95, "trend": 1.472667, "fair_value": 1.723846, "relative_strength": -1.648161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.406791, "energy": 17.366834, "activity_lines": [ 1.398, 1.386727, 1.400667, 1.425914 ] }, { "date": "2024-02-23", "close": 1.43, "volume": 585896618, "typical_volume": 376957548.0, "trend": 1.466667, "fair_value": 1.723974, "relative_strength": -4.587183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.906053, "energy": 16.884217, "activity_lines": [ 1.410667, 1.394909, 1.402143, 1.423161 ] }, { "date": "2024-03-01", "close": 1.42, "volume": 513983760, "typical_volume": 392072105.25, "trend": 1.460667, "fair_value": 1.723269, "relative_strength": -5.645411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.085673, "energy": 12.347354, "activity_lines": [ 1.415333, 1.401091, 1.402905, 1.420151 ] }, { "date": "2024-03-08", "close": 1.4, "volume": 392029779, "typical_volume": 398127120.95, "trend": 1.452, "fair_value": 1.72391, "relative_strength": -7.259934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.864799, "energy": 11.043678, "activity_lines": [ 1.41, 1.403273, 1.402048, 1.416237 ] }, { "date": "2024-03-15", "close": 1.42, "volume": 563988775, "typical_volume": 410338239.65, "trend": 1.443667, "fair_value": 1.72391, "relative_strength": -5.945223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.114327, "energy": 9.594194, "activity_lines": [ 1.415333, 1.408182, 1.403238, 1.414172 ] }, { "date": "2024-03-22", "close": 1.38, "volume": 445494810, "typical_volume": 413285166.35, "trend": 1.434333, "fair_value": 1.724103, "relative_strength": -8.089352, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.600873, "energy": 14.565561, "activity_lines": [ 1.403333, 1.404909, 1.400381, 1.410065 ] }, { "date": "2024-03-29", "close": 1.37, "volume": 286989322, "typical_volume": 407985293.0, "trend": 1.426333, "fair_value": 1.723269, "relative_strength": -8.3008, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.284238, "energy": 20.809793, "activity_lines": [ 1.39, 1.399273, 1.39681, 1.405914 ] }, { "date": "2024-04-05", "close": 1.38, "volume": 244644918, "typical_volume": 407932500.0, "trend": 1.421, "fair_value": 1.722949, "relative_strength": -8.156826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.639869, "energy": 24.852562, "activity_lines": [ 1.384, 1.395273, 1.394571, 1.402925 ] }, { "date": "2024-04-12", "close": 1.35, "volume": 303312938, "typical_volume": 408822094.15, "trend": 1.414, "fair_value": 1.722949, "relative_strength": -8.34452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.388413, "energy": 42.961727, "activity_lines": [ 1.370667, 1.385636, 1.389714, 1.398344 ] }, { "date": "2024-04-19", "close": 1.36, "volume": 443893766, "typical_volume": 416099360.15, "trend": 1.41, "fair_value": 1.722821, "relative_strength": -8.705657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.517783, "energy": 44.812199, "activity_lines": [ 1.364, 1.379818, 1.386381, 1.39486 ] }, { "date": "2024-04-26", "close": 1.39, "volume": 358174446, "typical_volume": 419977277.85, "trend": 1.406333, "fair_value": 1.721154, "relative_strength": -7.125262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.045292, "energy": 32.656776, "activity_lines": [ 1.371333, 1.379455, 1.386381, 1.39357 ] }, { "date": "2024-05-03", "close": 1.37, "volume": 283134119, "typical_volume": 421354522.75, "trend": 1.402667, "fair_value": 1.718974, "relative_strength": -8.682742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.696375, "energy": 33.455656, "activity_lines": [ 1.371333, 1.375818, 1.384714, 1.391226 ] }, { "date": "2024-05-10", "close": 1.39, "volume": 419603801, "typical_volume": 430433335.4, "trend": 1.399667, "fair_value": 1.716346, "relative_strength": -8.540942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.438133, "energy": 18.018735, "activity_lines": [ 1.378, 1.376909, 1.38519, 1.390409 ] }, { "date": "2024-05-17", "close": 1.39, "volume": 303061489, "typical_volume": 428108141.4, "trend": 1.398333, "fair_value": 1.713846, "relative_strength": -8.283781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.266265, "energy": 15.929587, "activity_lines": [ 1.384, 1.378545, 1.385714, 1.389785 ] }, { "date": "2024-05-24", "close": 1.38, "volume": 609081706, "typical_volume": 443230610.3, "trend": 1.398667, "fair_value": 1.712115, "relative_strength": -6.762905, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.429369, "energy": 14.076108, "activity_lines": [ 1.384, 1.378545, 1.385095, 1.388602 ] }, { "date": "2024-05-31", "close": 1.36, "volume": 345054134, "typical_volume": 449896207.9, "trend": 1.396333, "fair_value": 1.710128, "relative_strength": -7.801236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.409282, "energy": 17.891756, "activity_lines": [ 1.376, 1.375636, 1.382524, 1.386108 ] }, { "date": "2024-06-07", "close": 1.29, "volume": 709210025, "typical_volume": 466909770.7, "trend": 1.391, "fair_value": 1.707564, "relative_strength": -11.237166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.412726, "energy": 60.500991, "activity_lines": [ 1.346667, 1.360364, 1.373238, 1.379247 ] }, { "date": "2024-06-14", "close": 1.26, "volume": 210060088, "typical_volume": 447431521.2, "trend": 1.385333, "fair_value": 1.705, "relative_strength": -12.398275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.703288, "energy": 80.490817, "activity_lines": [ 1.312667, 1.341091, 1.361429, 1.370796 ] }, { "date": "2024-06-21", "close": 1.22, "volume": 450197687, "typical_volume": 433665017.3, "trend": 1.377, "fair_value": 1.701282, "relative_strength": -13.808541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.975917, "energy": 90.874532, "activity_lines": [ 1.274, 1.316727, 1.346333, 1.360129 ] }, { "date": "2024-06-28", "close": 1.02, "volume": 1583252656, "typical_volume": 483763075.95, "trend": 1.362333, "fair_value": 1.693141, "relative_strength": -26.713261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.455865, "energy": 98.556035, "activity_lines": [ 1.18, 1.258364, 1.313333, 1.337097 ] }, { "date": "2024-07-05", "close": 1.1, "volume": 1407477111, "typical_volume": 522927097.4, "trend": 1.351, "fair_value": 1.685449, "relative_strength": -20.059022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.373076, "energy": 92.767765, "activity_lines": [ 1.136667, 1.220727, 1.289571, 1.320172 ] }, { "date": "2024-07-12", "close": 1.12, "volume": 782249184, "typical_volume": 532744725.7, "trend": 1.341, "fair_value": 1.678269, "relative_strength": -18.800753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.04407, "energy": 87.827613, "activity_lines": [ 1.117333, 1.192, 1.26919, 1.305269 ] }, { "date": "2024-07-19", "close": 1.08, "volume": 447830234, "typical_volume": 529437049.4, "trend": 1.330333, "fair_value": 1.670192, "relative_strength": -21.529845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.204471, "energy": 87.256044, "activity_lines": [ 1.096, 1.160545, 1.246476, 1.28843 ] }, { "date": "2024-07-26", "close": 1.07, "volume": 362038459, "typical_volume": 527937483.4, "trend": 1.321, "fair_value": 1.662564, "relative_strength": -19.370946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.676703, "energy": 67.845252, "activity_lines": [ 1.083333, 1.132909, 1.224429, 1.271634 ] }, { "date": "2024-08-02", "close": 1.08, "volume": 426847889, "typical_volume": 521080439.1, "trend": 1.311333, "fair_value": 1.655705, "relative_strength": -18.566962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.813549, "energy": 64.898417, "activity_lines": [ 1.084, 1.112909, 1.204905, 1.256086 ] }, { "date": "2024-08-09", "close": 1.11, "volume": 714430587, "typical_volume": 534527227.95, "trend": 1.303333, "fair_value": 1.649551, "relative_strength": -14.615606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.895181, "energy": 58.47365, "activity_lines": [ 1.090667, 1.103818, 1.189857, 1.243097 ] }, { "date": "2024-08-16", "close": 1.08, "volume": 324678021, "typical_volume": 536411662.9, "trend": 1.294, "fair_value": 1.642756, "relative_strength": -16.953555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.526945, "energy": 54.782834, "activity_lines": [ 1.086667, 1.093818, 1.173238, 1.228688 ] }, { "date": "2024-08-23", "close": 1.06, "volume": 298745132, "typical_volume": 539116673.6, "trend": 1.283667, "fair_value": 1.635385, "relative_strength": -17.25031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.318676, "energy": 53.413588, "activity_lines": [ 1.078667, 1.084, 1.156095, 1.213591 ] }, { "date": "2024-08-30", "close": 1.06, "volume": 403383209, "typical_volume": 544120187.15, "trend": 1.270333, "fair_value": 1.628077, "relative_strength": -16.390898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.601548, "energy": 50.661266, "activity_lines": [ 1.072, 1.077818, 1.140476, 1.199161 ] }, { "date": "2024-09-06", "close": 1.05, "volume": 269647935, "typical_volume": 535407895.6, "trend": 1.26, "fair_value": 1.620705, "relative_strength": -14.438114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.876746, "energy": 53.31153, "activity_lines": [ 1.062667, 1.072727, 1.125286, 1.184946 ] }, { "date": "2024-09-13", "close": 1.03, "volume": 393665997, "typical_volume": 537182473.15, "trend": 1.247333, "fair_value": 1.613526, "relative_strength": -13.714755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.839428, "energy": 54.423224, "activity_lines": [ 1.048667, 1.063455, 1.109667, 1.170108 ] }, { "date": "2024-09-20", "close": 1.04, "volume": 250482169, "typical_volume": 535549875.65, "trend": 1.234333, "fair_value": 1.607051, "relative_strength": -13.561582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.114772, "energy": 52.696259, "activity_lines": [ 1.043333, 1.057273, 1.096714, 1.156731 ] }, { "date": "2024-09-27", "close": 1.18, "volume": 1275961141, "typical_volume": 578367742.65, "trend": 1.226333, "fair_value": 1.601218, "relative_strength": -12.688125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.307205, "energy": 30.270227, "activity_lines": [ 1.087333, 1.078, 1.098667, 1.153226 ] }, { "date": "2024-10-04", "close": 1.29, "volume": 728233147, "typical_volume": 599626325.55, "trend": 1.222667, "fair_value": 1.595192, "relative_strength": -11.337019, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 13.953416, "energy": 23.118448, "activity_lines": [ 1.16, 1.116909, 1.112095, 1.157333 ] }, { "date": "2024-10-11", "close": 1.15, "volume": 2108950657, "typical_volume": 674619773.1, "trend": 1.213667, "fair_value": 1.586667, "relative_strength": -17.611907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -8.559703, "energy": 24.485525, "activity_lines": [ 1.170667, 1.126364, 1.112667, 1.152645 ] }, { "date": "2024-10-18", "close": 1.13, "volume": 1168281276, "typical_volume": 715781130.2, "trend": 1.205333, "fair_value": 1.579936, "relative_strength": -19.717507, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -5.525936, "energy": 25.004684, "activity_lines": [ 1.168, 1.130909, 1.112429, 1.147247 ] }, { "date": "2024-10-25", "close": 1.18, "volume": 1252615545, "typical_volume": 742951406.2, "trend": 1.199, "fair_value": 1.573077, "relative_strength": -16.757048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.061494, "energy": 20.976914, "activity_lines": [ 1.175333, 1.144182, 1.118048, 1.145613 ] }, { "date": "2024-11-01", "close": 1.52, "volume": 3306302743, "typical_volume": 897763538.95, "trend": 1.203667, "fair_value": 1.567821, "relative_strength": 8.180612, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.833055, "energy": 63.874627, "activity_lines": [ 1.286667, 1.217455, 1.156571, 1.166323 ] }, { "date": "2024-11-08", "close": 2.23, "volume": 11868295099, "typical_volume": 1468668409.55, "trend": 1.233, "fair_value": 1.567756, "relative_strength": 49.30406, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.877066, "energy": 86.983695, "activity_lines": [ 1.612, 1.411455, 1.261476, 1.232538 ] }, { "date": "2024-11-15", "close": 1.69, "volume": 10009641052, "typical_volume": 1889987829.35, "trend": 1.244, "fair_value": 1.564679, "relative_strength": 17.087913, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.656715, "energy": 84.343122, "activity_lines": [ 1.694667, 1.486, 1.310143, 1.262022 ] }, { "date": "2024-11-22", "close": 1.71, "volume": 6362872184, "typical_volume": 2137757583.0, "trend": 1.254667, "fair_value": 1.561346, "relative_strength": 20.552153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.84411, "energy": 84.624777, "activity_lines": [ 1.748, 1.552545, 1.357524, 1.292086 ] }, { "date": "2024-11-29", "close": 1.74, "volume": 4936204790, "typical_volume": 2345455363.3, "trend": 1.267, "fair_value": 1.559103, "relative_strength": 20.252786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.458422, "energy": 80.252682, "activity_lines": [ 1.772667, 1.612182, 1.404857, 1.323398 ] }, { "date": "2024-12-06", "close": 1.95, "volume": 9697398418, "typical_volume": 2807933772.5, "trend": 1.285667, "fair_value": 1.559103, "relative_strength": 31.125854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.127079, "energy": 60.521616, "activity_lines": [ 1.83, 1.697273, 1.469238, 1.367462 ] }, { "date": "2024-12-13", "close": 1.88, "volume": 6314613300, "typical_volume": 3105562514.55, "trend": 1.302, "fair_value": 1.55891, "relative_strength": 26.44992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.358125, "energy": 54.59031, "activity_lines": [ 1.835333, 1.755636, 1.52281, 1.405806 ] }, { "date": "2024-12-20", "close": 1.84, "volume": 3233001288, "typical_volume": 3245870184.5, "trend": 1.317333, "fair_value": 1.558718, "relative_strength": 24.249874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.242827, "energy": 50.411392, "activity_lines": [ 1.850667, 1.796, 1.568714, 1.440516 ] }, { "date": "2024-12-27", "close": 1.77, "volume": 2832259478, "typical_volume": 3351761629.05, "trend": 1.331, "fair_value": 1.557949, "relative_strength": 18.098996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.036397, "energy": 46.927446, "activity_lines": [ 1.832667, 1.811091, 1.604333, 1.46972 ] }, { "date": "2025-01-03", "close": 1.59, "volume": 2028982610, "typical_volume": 3436976858.5, "trend": 1.341, "fair_value": 1.555, "relative_strength": 12.153734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.833965, "energy": 32.094295, "activity_lines": [ 1.750667, 1.781818, 1.619667, 1.48643 ] }, { "date": "2025-01-10", "close": 1.56, "volume": 1987165620, "typical_volume": 3521397882.9, "trend": 1.351, "fair_value": 1.552692, "relative_strength": 11.37503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.252141, "energy": 21.962972, "activity_lines": [ 1.668667, 1.739636, 1.629714, 1.500559 ] }, { "date": "2025-01-17", "close": 1.66, "volume": 2944064058, "typical_volume": 3648431925.35, "trend": 1.365667, "fair_value": 1.55109, "relative_strength": 15.632843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.695279, "energy": 21.37303, "activity_lines": [ 1.646, 1.714909, 1.646905, 1.520495 ] }, { "date": "2025-01-24", "close": 1.63, "volume": 2194463354, "typical_volume": 3744672696.3, "trend": 1.386, "fair_value": 1.549615, "relative_strength": 13.080348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.47968, "energy": 20.427235, "activity_lines": [ 1.628, 1.695091, 1.658381, 1.537548 ] }, { "date": "2025-01-31", "close": 1.63, "volume": 219014576, "typical_volume": 3735940125.25, "trend": 1.403667, "fair_value": 1.548141, "relative_strength": 13.151939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.149665, "energy": 17.71907, "activity_lines": [ 1.624, 1.676364, 1.667095, 1.55329 ] }, { "date": "2025-02-07", "close": 1.59, "volume": 1705845884, "typical_volume": 3808708311.0, "trend": 1.419333, "fair_value": 1.546282, "relative_strength": 8.681779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.919464, "energy": 13.10702, "activity_lines": [ 1.616, 1.651818, 1.669143, 1.565312 ] }, { "date": "2025-02-14", "close": 1.58, "volume": 2243819706, "typical_volume": 3857101239.25, "trend": 1.436, "fair_value": 1.544487, "relative_strength": 6.700953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.080752, "energy": 13.781571, "activity_lines": [ 1.604667, 1.628182, 1.667619, 1.575677 ] }, { "date": "2025-02-21", "close": 1.54, "volume": 1717687080, "typical_volume": 3906573935.9, "trend": 1.451667, "fair_value": 1.542436, "relative_strength": 3.093118, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.578683, "energy": 12.713426, "activity_lines": [ 1.578667, 1.604, 1.660381, 1.582387 ] }, { "date": "2025-02-28", "close": 1.54, "volume": 2679730303, "typical_volume": 3935112918.2, "trend": 1.467, "fair_value": 1.540577, "relative_strength": 4.924911, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.705734, "energy": 23.154627, "activity_lines": [ 1.560667, 1.586, 1.651952, 1.588086 ] }, { "date": "2025-03-07", "close": 1.52, "volume": 1528164031, "typical_volume": 3953107055.95, "trend": 1.480667, "fair_value": 1.537628, "relative_strength": 2.015831, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.601544, "energy": 32.769123, "activity_lines": [ 1.542, 1.569818, 1.639762, 1.591505 ] }, { "date": "2025-03-14", "close": 1.51, "volume": 1464800924, "typical_volume": 3963716324.9, "trend": 1.495, "fair_value": 1.534551, "relative_strength": 0.052703, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.598476, "energy": 37.469814, "activity_lines": [ 1.527333, 1.556364, 1.624762, 1.593398 ] }, { "date": "2025-03-21", "close": 1.49, "volume": 1134878061, "typical_volume": 3855145090.8, "trend": 1.509333, "fair_value": 1.531474, "relative_strength": 0.376816, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.952554, "energy": 39.657355, "activity_lines": [ 1.511333, 1.540727, 1.606286, 1.593075 ] }, { "date": "2025-03-28", "close": 1.44, "volume": 1113099515, "typical_volume": 3317385311.6, "trend": 1.522, "fair_value": 1.528205, "relative_strength": -2.511655, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.199125, "energy": 58.662272, "activity_lines": [ 1.484667, 1.517273, 1.58319, 1.588602 ] }, { "date": "2025-04-04", "close": 1.44, "volume": 1019481726, "typical_volume": 2867877345.3, "trend": 1.535, "fair_value": 1.525385, "relative_strength": -2.160421, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.974656, "energy": 65.030457, "activity_lines": [ 1.464667, 1.497818, 1.563857, 1.583312 ] }, { "date": "2025-04-11", "close": 1.38, "volume": 2171677465, "typical_volume": 2658317609.35, "trend": 1.546667, "fair_value": 1.522308, "relative_strength": -3.14353, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.080306, "energy": 71.084164, "activity_lines": [ 1.431333, 1.470909, 1.54, 1.573312 ] }, { "date": "2025-04-18", "close": 1.37, "volume": 1287655906, "typical_volume": 2475890165.15, "trend": 1.557667, "fair_value": 1.519423, "relative_strength": -4.868877, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.49194, "energy": 75.81218, "activity_lines": [ 1.404, 1.446727, 1.516762, 1.561914 ] }, { "date": "2025-04-25", "close": 1.36, "volume": 818070660, "typical_volume": 2031923777.25, "trend": 1.563667, "fair_value": 1.516474, "relative_strength": -5.935092, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.655609, "energy": 88.125806, "activity_lines": [ 1.382667, 1.424727, 1.494333, 1.549161 ] }, { "date": "2025-05-02", "close": 1.34, "volume": 680904848, "typical_volume": 1750238354.65, "trend": 1.565333, "fair_value": 1.51359, "relative_strength": -6.732115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.784981, "energy": 87.455617, "activity_lines": [ 1.363333, 1.403091, 1.47281, 1.534731 ] }, { "date": "2025-05-09", "close": 1.34, "volume": 1020076918, "typical_volume": 1639592136.15, "trend": 1.571667, "fair_value": 1.510962, "relative_strength": -8.32978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.92653, "energy": 85.633691, "activity_lines": [ 1.350667, 1.385091, 1.453857, 1.520194 ] }, { "date": "2025-05-16", "close": 1.35, "volume": 1246055519, "typical_volume": 1560281938.2, "trend": 1.579, "fair_value": 1.508782, "relative_strength": -8.183293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.279365, "energy": 76.873903, "activity_lines": [ 1.348, 1.372545, 1.438238, 1.505892 ] }, { "date": "2025-05-23", "close": 1.34, "volume": 1080439126, "typical_volume": 1512854764.0, "trend": 1.584333, "fair_value": 1.505897, "relative_strength": -8.155438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.067338, "energy": 62.532472, "activity_lines": [ 1.344, 1.361273, 1.423667, 1.490473 ] }, { "date": "2025-05-30", "close": 1.35, "volume": 912829182, "typical_volume": 1459137942.1, "trend": 1.578667, "fair_value": 1.503782, "relative_strength": -7.292966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.638209, "energy": 59.607683, "activity_lines": [ 1.345333, 1.354909, 1.411238, 1.475355 ] }, { "date": "2025-06-06", "close": 1.35, "volume": 721660230, "typical_volume": 1348017750.7, "trend": 1.549333, "fair_value": 1.501667, "relative_strength": -8.232696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.926745, "energy": 54.18178, "activity_lines": [ 1.347333, 1.351091, 1.39981, 1.460602 ] }, { "date": "2025-06-13", "close": 1.32, "volume": 1896996371, "typical_volume": 1333144401.55, "trend": 1.537, "fair_value": 1.499231, "relative_strength": -9.951759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.414339, "energy": 52.317393, "activity_lines": [ 1.338667, 1.343455, 1.387, 1.445806 ] }, { "date": "2025-06-20", "close": 1.3, "volume": 646168761, "typical_volume": 1354502110.8, "trend": 1.523333, "fair_value": 1.496795, "relative_strength": -10.785689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.141057, "energy": 54.434735, "activity_lines": [ 1.324667, 1.334364, 1.373762, 1.430516 ] }, { "date": "2025-06-27", "close": 1.33, "volume": 932510036, "typical_volume": 1315835318.4, "trend": 1.509667, "fair_value": 1.494679, "relative_strength": -10.618731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.216632, "energy": 48.71895, "activity_lines": [ 1.324, 1.332182, 1.364952, 1.418043 ] }, { "date": "2025-07-04", "close": 1.35, "volume": 941761541, "typical_volume": 1250732410.15, "trend": 1.489667, "fair_value": 1.492821, "relative_strength": -10.594116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.051969, "energy": 43.865827, "activity_lines": [ 1.330667, 1.334364, 1.359286, 1.407742 ] }, { "date": "2025-07-11", "close": 1.4, "volume": 1691270584, "typical_volume": 1249411585.35, "trend": 1.473667, "fair_value": 1.491603, "relative_strength": -8.371501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.380158, "energy": 29.995885, "activity_lines": [ 1.354, 1.345818, 1.359476, 1.401957 ] }, { "date": "2025-07-18", "close": 1.41, "volume": 1366913368, "typical_volume": 1183770738.6, "trend": 1.459333, "fair_value": 1.490385, "relative_strength": -8.500351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.775495, "energy": 19.415043, "activity_lines": [ 1.377333, 1.358, 1.361286, 1.397849 ] }, { "date": "2025-07-25", "close": 1.6, "volume": 5522852747, "typical_volume": 1383505174.4, "trend": 1.453667, "fair_value": 1.490577, "relative_strength": 1.782595, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.033581, "energy": 42.339078, "activity_lines": [ 1.458, 1.403455, 1.38181, 1.406925 ] }, { "date": "2025-08-01", "close": 1.48, "volume": 2703815528, "typical_volume": 1445455904.6, "trend": 1.45, "fair_value": 1.490385, "relative_strength": -5.143278, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.815672, "energy": 36.398883, "activity_lines": [ 1.478667, 1.422545, 1.390524, 1.408624 ] }, { "date": "2025-08-08", "close": 1.52, "volume": 1529130053, "typical_volume": 1465168504.2, "trend": 1.448667, "fair_value": 1.491154, "relative_strength": -4.721069, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.890825, "energy": 50.500043, "activity_lines": [ 1.502667, 1.446364, 1.40319, 1.41314 ] }, { "date": "2025-08-15", "close": 1.51, "volume": 1314050463, "typical_volume": 1475216051.6, "trend": 1.443667, "fair_value": 1.491859, "relative_strength": -7.062195, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.443088, "energy": 54.50975, "activity_lines": [ 1.512, 1.465273, 1.414762, 1.417097 ] }, { "date": "2025-08-22", "close": 1.56, "volume": 2240336673, "typical_volume": 1536258798.95, "trend": 1.441333, "fair_value": 1.493077, "relative_strength": -7.369541, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.970362, "energy": 48.534201, "activity_lines": [ 1.530667, 1.490364, 1.430762, 1.424602 ] }, { "date": "2025-08-29", "close": 1.59, "volume": 2633934421, "typical_volume": 1559371646.75, "trend": 1.44, "fair_value": 1.494872, "relative_strength": -6.535422, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.476572, "energy": 49.07627, "activity_lines": [ 1.549333, 1.516545, 1.449048, 1.434194 ] }, { "date": "2025-09-05", "close": 1.55, "volume": 2343063784, "typical_volume": 1612142040.65, "trend": 1.438667, "fair_value": 1.495513, "relative_strength": -7.909544, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.908382, "energy": 45.641292, "activity_lines": [ 1.555333, 1.530182, 1.462524, 1.44129 ] }, { "date": "2025-09-12", "close": 1.61, "volume": 1971012829, "typical_volume": 1669789149.1, "trend": 1.439667, "fair_value": 1.495962, "relative_strength": -5.923842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.513319, "energy": 57.590911, "activity_lines": [ 1.576667, 1.550727, 1.480857, 1.452344 ] }, { "date": "2025-09-19", "close": 1.66, "volume": 4981559127, "typical_volume": 1884821863.05, "trend": 1.443667, "fair_value": 1.496859, "relative_strength": -1.952317, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.179881, "energy": 54.211957, "activity_lines": [ 1.608667, 1.575636, 1.502762, 1.466559 ] }, { "date": "2025-09-26", "close": 1.59, "volume": 2104947459, "typical_volume": 1939065390.1, "trend": 1.445333, "fair_value": 1.497179, "relative_strength": -6.418207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.922004, "energy": 43.891995, "activity_lines": [ 1.607333, 1.583091, 1.516476, 1.476 ] }, { "date": "2025-10-03", "close": 1.62, "volume": 764787632, "typical_volume": 1915001995.75, "trend": 1.448667, "fair_value": 1.497436, "relative_strength": -6.119493, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.756944, "energy": 43.711761, "activity_lines": [ 1.614, 1.592727, 1.531857, 1.487269 ] }, { "date": "2025-10-10", "close": 1.64, "volume": 907028578, "typical_volume": 1906331468.35, "trend": 1.453, "fair_value": 1.498333, "relative_strength": -5.567252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.05024, "energy": 43.348411, "activity_lines": [ 1.625333, 1.605636, 1.547857, 1.499613 ] }, { "date": "2025-10-17", "close": 1.68, "volume": 3051340853, "typical_volume": 2013257051.9, "trend": 1.459333, "fair_value": 1.499423, "relative_strength": -2.205433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.183421, "energy": 42.867607, "activity_lines": [ 1.644, 1.622909, 1.566238, 1.514258 ] }, { "date": "2025-10-24", "close": 1.68, "volume": 3122197038, "typical_volume": 2133283892.3, "trend": 1.467333, "fair_value": 1.499744, "relative_strength": -5.218116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.108383, "energy": 49.331697, "activity_lines": [ 1.658, 1.637273, 1.583048, 1.528495 ] }, { "date": "2025-10-31", "close": 1.77, "volume": 3060626010, "typical_volume": 2191465374.25, "trend": 1.478333, "fair_value": 1.501346, "relative_strength": -0.180912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.695172, "energy": 68.146253, "activity_lines": [ 1.700667, 1.664909, 1.606857, 1.548022 ] }, { "date": "2025-11-07", "close": 1.83, "volume": 5262537462, "typical_volume": 2422283809.3, "trend": 1.493333, "fair_value": 1.503077, "relative_strength": 2.929421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.276008, "energy": 76.357695, "activity_lines": [ 1.751333, 1.699636, 1.634238, 1.57071 ] }, { "date": "2025-11-14", "close": 1.9, "volume": 3975867791, "typical_volume": 2574451697.05, "trend": 1.511, "fair_value": 1.505705, "relative_strength": 7.20071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.563193, "energy": 83.382483, "activity_lines": [ 1.811333, 1.742727, 1.665762, 1.596946 ] }, { "date": "2025-11-21", "close": 1.69, "volume": 3256889243, "typical_volume": 2690208082.15, "trend": 1.522, "fair_value": 1.506603, "relative_strength": -0.422332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.232816, "energy": 60.182014, "activity_lines": [ 1.784, 1.741273, 1.674571, 1.608495 ] }, { "date": "2025-11-28", "close": 1.73, "volume": 2282978177, "typical_volume": 2719793461.8, "trend": 1.535, "fair_value": 1.507436, "relative_strength": 0.869444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.606755, "energy": 46.310168, "activity_lines": [ 1.769333, 1.745636, 1.685571, 1.621914 ] }, { "date": "2025-12-05", "close": 1.77, "volume": 2276150536, "typical_volume": 2765255320.2, "trend": 1.549333, "fair_value": 1.508397, "relative_strength": 3.363642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.286572, "energy": 40.859455, "activity_lines": [ 1.764667, 1.756, 1.69881, 1.637075 ] }, { "date": "2025-12-12", "close": 1.73, "volume": 2845482378, "typical_volume": 2631386801.75, "trend": 1.562, "fair_value": 1.509487, "relative_strength": 1.866142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.111972, "energy": 24.332066, "activity_lines": [ 1.746667, 1.755818, 1.706524, 1.648731 ] }, { "date": "2025-12-19", "close": 1.73, "volume": 2590706954, "typical_volume": 2625731373.05, "trend": 1.575, "fair_value": 1.510128, "relative_strength": 2.295139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.377281, "energy": 24.526589, "activity_lines": [ 1.735333, 1.753636, 1.713619, 1.65957 ] }, { "date": "2025-12-26", "close": 1.8, "volume": 7463339793, "typical_volume": 2922441860.05, "trend": 1.59, "fair_value": 1.509615, "relative_strength": 4.775797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.021837, "energy": 29.421387, "activity_lines": [ 1.758667, 1.762545, 1.72619, 1.674086 ] }, { "date": "2026-01-02", "close": 1.81, "volume": 2439082555, "typical_volume": 2978693464.65, "trend": 1.605333, "fair_value": 1.508974, "relative_strength": 5.403519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.389212, "energy": 33.4882, "activity_lines": [ 1.778, 1.771091, 1.738381, 1.68828 ] }, { "date": "2026-01-09", "close": 1.73, "volume": 2997551228, "typical_volume": 3016554192.4, "trend": 1.619, "fair_value": 1.508397, "relative_strength": -2.647852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.151651, "energy": 28.451697, "activity_lines": [ 1.765333, 1.762727, 1.741524, 1.696323 ] }, { "date": "2026-01-16", "close": 1.69, "volume": 2272023267, "typical_volume": 2998458634.7, "trend": 1.632, "fair_value": 1.507308, "relative_strength": -4.041444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.793388, "energy": 18.856844, "activity_lines": [ 1.742, 1.747818, 1.740048, 1.700903 ] }, { "date": "2026-01-23", "close": 1.74, "volume": 1926477171, "typical_volume": 2977629304.05, "trend": 1.645667, "fair_value": 1.506667, "relative_strength": -1.666214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.115688, "energy": 14.390997, "activity_lines": [ 1.738, 1.744545, 1.742857, 1.707871 ] }, { "date": "2026-01-30", "close": 1.69, "volume": 1689947421, "typical_volume": 2963576033.65, "trend": 1.657, "fair_value": 1.505962, "relative_strength": -3.675183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.317971, "energy": 11.116851, "activity_lines": [ 1.716667, 1.735091, 1.74, 1.710731 ] }, { "date": "2026-02-06", "close": 1.72, "volume": 3037312485, "typical_volume": 2866363701.55, "trend": 1.667667, "fair_value": 1.505256, "relative_strength": -0.440949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.546898, "energy": 11.579955, "activity_lines": [ 1.712667, 1.731091, 1.739619, 1.714796 ] }, { "date": "2026-02-13", "close": 1.67, "volume": 2035812266, "typical_volume": 2862906941.9, "trend": 1.676333, "fair_value": 1.504551, "relative_strength": -3.450334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.687699, "energy": 8.57996, "activity_lines": [ 1.698, 1.718182, 1.73419, 1.714946 ] }, { "date": "2026-02-27", "close": 1.7, "volume": 1602632709, "typical_volume": 2904799195.75, "trend": 1.679667, "fair_value": 1.50391, "relative_strength": -3.41611, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.516161, "energy": 14.115157, "activity_lines": [ 1.697333, 1.712545, 1.731238, 1.716473 ] }, { "date": "2026-03-06", "close": 1.57, "volume": 3066793706, "typical_volume": 3012787452.15, "trend": 1.682667, "fair_value": 1.502564, "relative_strength": -9.623834, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.592654, "energy": 40.613038, "activity_lines": [ 1.652667, 1.683818, 1.715524, 1.709398 ] }, { "date": "2026-03-13", "close": 1.55, "volume": 2011058976, "typical_volume": 2960773358.3, "trend": 1.683667, "fair_value": 1.501154, "relative_strength": -9.851579, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.16268, "energy": 56.106159, "activity_lines": [ 1.612667, 1.654364, 1.698238, 1.700839 ] }, { "date": "2026-03-20", "close": 1.47, "volume": 2236019023, "typical_volume": 2916464457.55, "trend": 1.682333, "fair_value": 1.499167, "relative_strength": -11.229258, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.768235, "energy": 68.108999, "activity_lines": [ 1.555333, 1.614909, 1.673952, 1.687054 ] }, { "date": "2026-03-27", "close": 1.46, "volume": 2011905275, "typical_volume": 2864028420.8, "trend": 1.679, "fair_value": 1.497372, "relative_strength": -10.570318, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.183518, "energy": 82.372746, "activity_lines": [ 1.511333, 1.579818, 1.649714, 1.67271 ] }, { "date": "2026-04-03", "close": 1.42, "volume": 1373787162, "typical_volume": 2669590905.8, "trend": 1.673333, "fair_value": 1.495641, "relative_strength": -12.008175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.492335, "energy": 87.522599, "activity_lines": [ 1.468, 1.542364, 1.623143, 1.656 ] }, { "date": "2026-04-10", "close": 1.46, "volume": 1178835593, "typical_volume": 2529739295.9, "trend": 1.670333, "fair_value": 1.493718, "relative_strength": -11.674299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.878945, "energy": 83.486244, "activity_lines": [ 1.456667, 1.517091, 1.602333, 1.642237 ] }, { "date": "2026-04-17", "close": 1.48, "volume": 1169758338, "typical_volume": 2425382750.65, "trend": 1.666, "fair_value": 1.491923, "relative_strength": -11.655936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.673974, "energy": 77.703018, "activity_lines": [ 1.459333, 1.500545, 1.585524, 1.629957 ] }, { "date": "2026-04-24", "close": 1.44, "volume": 1283255590, "typical_volume": 2375396621.3, "trend": 1.658667, "fair_value": 1.489679, "relative_strength": -14.384118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.4472, "energy": 68.654863, "activity_lines": [ 1.453333, 1.480545, 1.565905, 1.615376 ] }, { "date": "2026-05-01", "close": 1.51, "volume": 1810527485, "typical_volume": 2352115468.75, "trend": 1.656, "fair_value": 1.488141, "relative_strength": -10.736919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.663283, "energy": 45.813472, "activity_lines": [ 1.472667, 1.478364, 1.554333, 1.605785 ] }, { "date": "2026-05-08", "close": 1.6, "volume": 2465381902, "typical_volume": 2333110444.95, "trend": 1.655333, "fair_value": 1.487564, "relative_strength": -6.837933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.486696, "energy": 27.556535, "activity_lines": [ 1.518667, 1.495455, 1.552571, 1.602172 ] }, { "date": "2026-05-15", "close": 1.51, "volume": 2344561192, "typical_volume": 2320803156.85, "trend": 1.651, "fair_value": 1.486282, "relative_strength": -10.981605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.86444, "energy": 23.0546, "activity_lines": [ 1.522667, 1.498, 1.542857, 1.592796 ] }, { "date": "2026-05-22", "close": 1.46, "volume": 1623053104, "typical_volume": 2028788822.4, "trend": 1.643667, "fair_value": 1.484808, "relative_strength": -13.271888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.412762, "energy": 24.581918, "activity_lines": [ 1.506667, 1.492545, 1.529429, 1.580473 ] }, { "date": "2026-05-29", "close": 1.47, "volume": 1771215220, "typical_volume": 1995395455.65, "trend": 1.636667, "fair_value": 1.483397, "relative_strength": -11.564843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.38559, "energy": 25.652774, "activity_lines": [ 1.495333, 1.490545, 1.518571, 1.569269 ] }, { "date": "2026-06-05", "close": 1.49, "volume": 424745358, "typical_volume": 1866755162.15, "trend": 1.627333, "fair_value": 1.482244, "relative_strength": -9.310519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.287188, "energy": 34.499874, "activity_lines": [ 1.488667, 1.492182, 1.511238, 1.559806 ] }, { "date": "2026-06-12", "close": 1.53, "volume": 1418190526, "typical_volume": 1824063525.1, "trend": 1.617333, "fair_value": 1.481667, "relative_strength": -6.878563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.678263, "energy": 30.651844, "activity_lines": [ 1.496667, 1.500545, 1.508857, 1.553527 ] }, { "date": "2026-06-19", "close": 1.45, "volume": 1740590331, "typical_volume": 1814769183.1, "trend": 1.602333, "fair_value": 1.480192, "relative_strength": -12.870248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.249257, "energy": 33.61334, "activity_lines": [ 1.482667, 1.492364, 1.499619, 1.542731 ] }, { "date": "2026-06-26", "close": 1.39, "volume": 344021218, "typical_volume": 1747472872.95, "trend": 1.592333, "fair_value": 1.478333, "relative_strength": -14.996705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.268306, "energy": 46.786112, "activity_lines": [ 1.452667, 1.473455, 1.486048, 1.529032 ] }, { "date": "2026-07-03", "close": 1.37, "volume": 242155256, "typical_volume": 1607715011.5, "trend": 1.580333, "fair_value": 1.476538, "relative_strength": -16.362616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.063112, "energy": 62.258906, "activity_lines": [ 1.420667, 1.452545, 1.472, 1.514688 ] }, { "date": "2026-07-10", "close": 1.34, "volume": 1201946977, "typical_volume": 1566021747.05, "trend": 1.566, "fair_value": 1.474744, "relative_strength": -17.011455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.547003, "energy": 76.278261, "activity_lines": [ 1.385333, 1.427455, 1.456762, 1.499183 ] }, { "date": "2026-07-17", "close": 1.32, "volume": 1274738586, "typical_volume": 1549627040.9, "trend": 1.552333, "fair_value": 1.473077, "relative_strength": -13.011956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.530304, "energy": 80.506392, "activity_lines": [ 1.353333, 1.401818, 1.44119, 1.483312 ] }, { "date": "2026-07-24", "close": 1.33, "volume": 1150616163, "typical_volume": 1453818163.75, "trend": 1.539, "fair_value": 1.471282, "relative_strength": -13.295145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.172672, "energy": 78.143085, "activity_lines": [ 1.338667, 1.383091, 1.428381, 1.468968 ] }, { "date": "2026-07-31", "close": 1.37, "volume": 1302405831, "typical_volume": 1418385506.5, "trend": 1.524667, "fair_value": 1.469744, "relative_strength": -10.733957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.683094, "energy": 70.959526, "activity_lines": [ 1.345333, 1.374909, 1.420524, 1.458065 ] }, { "date": "2026-08-07", "close": 1.33, "volume": 1247709218, "typical_volume": 1368970016.25, "trend": 1.508667, "fair_value": 1.468013, "relative_strength": -15.393131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.382778, "energy": 67.977244, "activity_lines": [ 1.34, 1.361091, 1.409714, 1.445505 ] } ], "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." } } }