{ "ticker": { "uuid": "9be29241-36f2-436a-b615-b1d5eef6fd20", "symbol": "600716", "name": "Jiangsu Phoenix Property Investment 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": -62.174, "architecture_energy": 52.763, "architecture_maturity": 40.425, "architecture_confidence": 95.891, "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": 11.87, "rotation_up": 22.84, "upward_expansion": 8.45, "deceleration": 58.01, "rotation_down": 56.28, "downward_expansion": 81.78 }, "activity_lines": [ 3.303333, 3.357636, 3.589619, 3.796538 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 3.44, "trend_reference": 4.020667, "distance_from_trend": -0.14442, "trend_direction": "Weakening", "fair_value": 3.584808, "distance_from_fair_value": -0.040395, "fair_value_direction": "Weakening", "relative_strength": -13.044365, "relative_strength_direction": "Weakening", "price_momentum": -0.194379, "excess_performance": -0.151176, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14442, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041634, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.040395, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.2526, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.130444, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.127661, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.194379, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.259003, "read": "Supply-led" } ], "volume": { "latest": 35843910, "relative_activity": 0.984878, "balance": 0.259003, "dry_up": 1.031349, "accumulation_observations": 0, "distribution_observations": 6 }, "risk": { "range_context": 0.092576, "annualized_volatility": 0.361637, "from_high_reference": -0.300813, "from_low_reference": 0.174061 }, "levels": { "trend_reference": 4.020667, "fair_value_reference": 3.584808, "structural_low": 2.93, "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": 23, "median_return": -0.002646, "positive_rate": 0.478261, "directional_follow_through": 0.521739, "median_excess_return": 0.008239, "regime_survival": 0.73913, "best_return": 0.34902, "worst_return": -0.171171, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.015, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.018336, "regime_survival": 0.555556, "best_return": 0.354839, "worst_return": -0.212698, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.032787, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.053082, "regime_survival": 0.4, "best_return": 0.2175, "worst_return": -0.136872, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.011173, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.125212, "regime_survival": 0.0, "best_return": 0.315, "worst_return": -0.142857, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-23", "end": "2024-09-27", "tenure": "Extended", "return": 0.012821, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": -0.02907, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-10", "tenure": "Developing", "return": -0.124309, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-21", "tenure": "Developing", "return": 0.063636, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-06-06", "tenure": "Developing", "return": 0.132308, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.078212, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-26", "tenure": "Developing", "return": -0.028721, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.092105, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.127098, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.112272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-04-03", "tenure": "Developing", "return": -0.016393, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": -0.153318, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.063712, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.008798, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.18, "volume": 96374896, "typical_volume": 28682450.0, "trend": 3.885333, "fair_value": 4.19469, "relative_strength": -0.855014, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.697005, "energy": 28.6921, "activity_lines": [ 3.927333, 3.847455, 3.815095, 3.840925 ] }, { "date": "2023-08-04", "close": 4.5, "volume": 227017879, "typical_volume": 38960378.6, "trend": 3.905, "fair_value": 4.197583, "relative_strength": 6.391444, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.636103, "energy": 69.114904, "activity_lines": [ 4.137333, 3.973636, 3.881095, 3.880581 ] }, { "date": "2023-08-11", "close": 4.27, "volume": 80824574, "typical_volume": 41759801.7, "trend": 3.914667, "fair_value": 4.199446, "relative_strength": 4.26633, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.631449, "energy": 68.058745, "activity_lines": [ 4.222667, 4.044182, 3.922238, 3.904129 ] }, { "date": "2023-08-18", "close": 4.12, "volume": 57634644, "typical_volume": 43304113.7, "trend": 3.922667, "fair_value": 4.199903, "relative_strength": 2.746908, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.34118, "energy": 65.241553, "activity_lines": [ 4.225333, 4.078182, 3.947429, 3.917376 ] }, { "date": "2023-08-25", "close": 3.96, "volume": 48642978, "typical_volume": 44824766.45, "trend": 3.919, "fair_value": 4.199399, "relative_strength": 1.309057, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.083366, "energy": 60.538562, "activity_lines": [ 4.151333, 4.077091, 3.955762, 3.919785 ] }, { "date": "2023-09-01", "close": 3.8, "volume": 208363434, "typical_volume": 54322288.15, "trend": 3.906, "fair_value": 4.197614, "relative_strength": -4.480515, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 26.8087, "energy": 15.01543, "activity_lines": [ 4.016, 4.043636, 3.948095, 3.912108 ] }, { "date": "2023-09-08", "close": 3.82, "volume": 70026424, "typical_volume": 56873910.85, "trend": 3.894667, "fair_value": 4.195829, "relative_strength": -2.990182, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.873187, "energy": 18.105467, "activity_lines": [ 3.912667, 4.010909, 3.942381, 3.906559 ] }, { "date": "2023-09-15", "close": 3.77, "volume": 40410638, "typical_volume": 57857633.4, "trend": 3.884333, "fair_value": 4.193216, "relative_strength": -3.731682, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.667164, "energy": 19.684637, "activity_lines": [ 3.838, 3.968364, 3.931143, 3.898516 ] }, { "date": "2023-09-22", "close": 3.75, "volume": 48177200, "typical_volume": 59371453.35, "trend": 3.873, "fair_value": 4.190983, "relative_strength": -4.081595, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.179354, "energy": 22.567643, "activity_lines": [ 3.79, 3.922364, 3.917667, 3.889849 ] }, { "date": "2023-09-29", "close": 3.68, "volume": 38837712, "typical_volume": 59509807.7, "trend": 3.858333, "fair_value": 4.188811, "relative_strength": -4.633677, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.471144, "energy": 34.51135, "activity_lines": [ 3.743333, 3.864, 3.897857, 3.877398 ] }, { "date": "2023-10-13", "close": 3.49, "volume": 45348103, "typical_volume": 60759064.25, "trend": 3.843333, "fair_value": 4.185166, "relative_strength": -8.479699, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.809274, "energy": 51.845851, "activity_lines": [ 3.652, 3.774, 3.860857, 3.853634 ] }, { "date": "2023-10-20", "close": 3.48, "volume": 38776035, "typical_volume": 61484005.75, "trend": 3.83, "fair_value": 4.182474, "relative_strength": -5.283812, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.145002, "energy": 58.476884, "activity_lines": [ 3.578, 3.694727, 3.824571, 3.830194 ] }, { "date": "2023-10-27", "close": 3.54, "volume": 47670148, "typical_volume": 62470091.9, "trend": 3.817333, "fair_value": 4.180295, "relative_strength": -4.503905, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.92713, "energy": 65.314498, "activity_lines": [ 3.546667, 3.644909, 3.795238, 3.811484 ] }, { "date": "2023-11-03", "close": 3.58, "volume": 55893755, "typical_volume": 63706880.45, "trend": 3.810667, "fair_value": 4.178181, "relative_strength": -3.566111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.519238, "energy": 64.564561, "activity_lines": [ 3.544, 3.615636, 3.770762, 3.796172 ] }, { "date": "2023-11-10", "close": 3.82, "volume": 438845671, "typical_volume": 84540258.85, "trend": 3.811333, "fair_value": 4.177224, "relative_strength": 2.674364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.244541, "energy": 30.941909, "activity_lines": [ 3.632667, 3.639818, 3.770143, 3.796774 ] }, { "date": "2023-11-17", "close": 3.77, "volume": 207088384, "typical_volume": 93840719.5, "trend": 3.81, "fair_value": 4.176773, "relative_strength": 0.840039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.483747, "energy": 17.863091, "activity_lines": [ 3.695333, 3.657455, 3.764571, 3.794108 ] }, { "date": "2023-11-24", "close": 4.06, "volume": 191510927, "typical_volume": 101450361.15, "trend": 3.823333, "fair_value": 4.178181, "relative_strength": 9.024477, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.893589, "energy": 17.150053, "activity_lines": [ 3.836, 3.728364, 3.786, 3.810237 ] }, { "date": "2023-12-01", "close": 4.0, "volume": 103805559, "typical_volume": 104874142.7, "trend": 3.833333, "fair_value": 4.179332, "relative_strength": 7.735012, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.394176, "energy": 22.476196, "activity_lines": [ 3.918, 3.784, 3.800381, 3.821634 ] }, { "date": "2023-12-08", "close": 3.88, "volume": 68506800, "typical_volume": 107093964.7, "trend": 3.835333, "fair_value": 4.179587, "relative_strength": 6.745553, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.135903, "energy": 24.380504, "activity_lines": [ 3.929333, 3.813636, 3.802286, 3.824645 ] }, { "date": "2023-12-15", "close": 4.06, "volume": 144560572, "typical_volume": 112915816.65, "trend": 3.841667, "fair_value": 4.180232, "relative_strength": 12.641521, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.321906, "energy": 34.04234, "activity_lines": [ 3.980667, 3.873636, 3.82081, 3.83914 ] }, { "date": "2023-12-22", "close": 3.88, "volume": 86054119, "typical_volume": 112399777.8, "trend": 3.843, "fair_value": 4.180168, "relative_strength": 8.652891, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.47394, "energy": 23.642806, "activity_lines": [ 3.956, 3.894, 3.821143, 3.841613 ] }, { "date": "2023-12-29", "close": 3.68, "volume": 68685212, "typical_volume": 104483144.45, "trend": 3.841, "fair_value": 4.177487, "relative_strength": 1.07412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.215711, "energy": 7.833369, "activity_lines": [ 3.857333, 3.870909, 3.803857, 3.831097 ] }, { "date": "2024-01-05", "close": 3.93, "volume": 137858602, "typical_volume": 107334845.85, "trend": 3.846667, "fair_value": 4.176535, "relative_strength": 9.662543, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.341218, "energy": 3.21441, "activity_lines": [ 3.867333, 3.889636, 3.814286, 3.836839 ] }, { "date": "2024-01-12", "close": 3.97, "volume": 225445579, "typical_volume": 115725392.6, "trend": 3.852667, "fair_value": 4.175203, "relative_strength": 12.395501, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.277041, "energy": 3.37711, "activity_lines": [ 3.895333, 3.908545, 3.830143, 3.844796 ] }, { "date": "2024-01-19", "close": 3.65, "volume": 164479721, "typical_volume": 121517229.75, "trend": 3.848333, "fair_value": 4.172711, "relative_strength": 5.102512, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.350931, "energy": 12.04557, "activity_lines": [ 3.810667, 3.862182, 3.816238, 3.83172 ] }, { "date": "2024-01-26", "close": 3.9, "volume": 129220610, "typical_volume": 117560088.55, "trend": 3.857, "fair_value": 4.171567, "relative_strength": 9.078318, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.550907, "energy": 2.436198, "activity_lines": [ 3.836667, 3.864364, 3.827619, 3.835054 ] }, { "date": "2024-02-02", "close": 3.22, "volume": 139893448, "typical_volume": 121053439.75, "trend": 3.838333, "fair_value": 4.167019, "relative_strength": -3.899376, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.900672, "energy": 37.988011, "activity_lines": [ 3.634667, 3.740545, 3.773762, 3.793957 ] }, { "date": "2024-02-09", "close": 2.77, "volume": 141808277, "typical_volume": 126123321.7, "trend": 3.804667, "fair_value": 4.159776, "relative_strength": -20.851849, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.816166, "energy": 72.343491, "activity_lines": [ 3.313333, 3.550182, 3.679905, 3.725032 ] }, { "date": "2024-02-23", "close": 3.12, "volume": 96456335, "typical_volume": 128537278.45, "trend": 3.783, "fair_value": 4.154841, "relative_strength": -14.655182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.125572, "energy": 70.17032, "activity_lines": [ 3.186, 3.445818, 3.624143, 3.68086 ] }, { "date": "2024-03-01", "close": 3.08, "volume": 84393837, "typical_volume": 130815084.7, "trend": 3.757667, "fair_value": 4.150158, "relative_strength": -16.036391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.066234, "energy": 74.164806, "activity_lines": [ 3.102, 3.348, 3.567571, 3.635505 ] }, { "date": "2024-03-08", "close": 3.01, "volume": 45864168, "typical_volume": 130840887.95, "trend": 3.718667, "fair_value": 4.145153, "relative_strength": -18.113824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.160706, "energy": 73.615967, "activity_lines": [ 3.032667, 3.255273, 3.50719, 3.587269 ] }, { "date": "2024-03-15", "close": 3.14, "volume": 68285511, "typical_volume": 132316361.75, "trend": 3.673333, "fair_value": 4.140791, "relative_strength": -14.532315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.349986, "energy": 52.78723, "activity_lines": [ 3.066, 3.202, 3.461476, 3.549935 ] }, { "date": "2024-03-22", "close": 3.21, "volume": 54123602, "typical_volume": 132639034.45, "trend": 3.638, "fair_value": 4.136242, "relative_strength": -12.203797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.923943, "energy": 40.79425, "activity_lines": [ 3.128, 3.171273, 3.424048, 3.520043 ] }, { "date": "2024-03-29", "close": 3.12, "volume": 41850358, "typical_volume": 131936864.6, "trend": 3.604667, "fair_value": 4.130416, "relative_strength": -14.242091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.916232, "energy": 37.093484, "activity_lines": [ 3.130667, 3.137273, 3.379619, 3.486624 ] }, { "date": "2024-04-05", "close": 3.17, "volume": 34025880, "typical_volume": 111695875.05, "trend": 3.578333, "fair_value": 4.124847, "relative_strength": -13.433121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.440639, "energy": 28.275113, "activity_lines": [ 3.15, 3.127818, 3.342143, 3.458581 ] }, { "date": "2024-04-12", "close": 3.02, "volume": 61288387, "typical_volume": 104405875.2, "trend": 3.552333, "fair_value": 4.118571, "relative_strength": -15.9589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.150826, "energy": 31.618557, "activity_lines": [ 3.113333, 3.099818, 3.293476, 3.422559 ] }, { "date": "2024-04-19", "close": 2.83, "volume": 65799285, "typical_volume": 98120293.1, "trend": 3.519333, "fair_value": 4.110313, "relative_strength": -22.147501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.637404, "energy": 42.637662, "activity_lines": [ 3.012667, 3.053273, 3.230286, 3.375957 ] }, { "date": "2024-04-26", "close": 2.95, "volume": 44702916, "typical_volume": 95165160.95, "trend": 3.492, "fair_value": 4.102889, "relative_strength": -19.21654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.942679, "energy": 48.064409, "activity_lines": [ 2.972667, 3.035636, 3.184381, 3.339226 ] }, { "date": "2024-05-03", "close": 3.05, "volume": 31355099, "typical_volume": 93307575.9, "trend": 3.468667, "fair_value": 4.095787, "relative_strength": -16.74254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.441625, "energy": 49.104564, "activity_lines": [ 2.983333, 3.032909, 3.153, 3.31071 ] }, { "date": "2024-05-10", "close": 3.09, "volume": 63790860, "typical_volume": 89269090.3, "trend": 3.449, "fair_value": 4.089196, "relative_strength": -16.798684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.331897, "energy": 45.578685, "activity_lines": [ 3.012, 3.038727, 3.129381, 3.28628 ] }, { "date": "2024-05-17", "close": 3.33, "volume": 106005774, "typical_volume": 90266673.05, "trend": 3.443667, "fair_value": 4.084144, "relative_strength": -10.189883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.019373, "energy": 19.457448, "activity_lines": [ 3.126, 3.088, 3.133238, 3.278602 ] }, { "date": "2024-05-24", "close": 3.15, "volume": 103301360, "typical_volume": 91997480.45, "trend": 3.432667, "fair_value": 4.07851, "relative_strength": -13.020783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.222712, "energy": 20.260499, "activity_lines": [ 3.159333, 3.098727, 3.122571, 3.259656 ] }, { "date": "2024-05-31", "close": 2.91, "volume": 46042712, "typical_volume": 87406685.95, "trend": 3.411667, "fair_value": 4.07172, "relative_strength": -19.294036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.021484, "energy": 23.387723, "activity_lines": [ 3.091333, 3.065636, 3.091571, 3.225935 ] }, { "date": "2024-06-07", "close": 2.72, "volume": 53836900, "typical_volume": 78826252.0, "trend": 3.383, "fair_value": 4.063584, "relative_strength": -23.340736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.504626, "energy": 40.264773, "activity_lines": [ 2.962667, 3.003455, 3.047333, 3.181312 ] }, { "date": "2024-06-14", "close": 2.76, "volume": 35985100, "typical_volume": 72401520.95, "trend": 3.347667, "fair_value": 4.049535, "relative_strength": -21.405034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.583322, "energy": 61.499185, "activity_lines": [ 2.869333, 2.955818, 3.012857, 3.141118 ] }, { "date": "2024-06-21", "close": 2.69, "volume": 35692636, "typical_volume": 67725122.25, "trend": 3.311667, "fair_value": 4.038026, "relative_strength": -22.160722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.723581, "energy": 73.47088, "activity_lines": [ 2.774667, 2.902909, 2.975952, 3.098688 ] }, { "date": "2024-06-28", "close": 2.62, "volume": 30137999, "typical_volume": 62237349.8, "trend": 3.263667, "fair_value": 4.026515, "relative_strength": -23.05203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.206044, "energy": 77.830722, "activity_lines": [ 2.699333, 2.843273, 2.938143, 3.054065 ] }, { "date": "2024-07-05", "close": 2.62, "volume": 25576935, "typical_volume": 56425782.7, "trend": 3.217667, "fair_value": 4.014939, "relative_strength": -22.27053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.209519, "energy": 73.564452, "activity_lines": [ 2.659333, 2.787455, 2.90319, 3.012538 ] }, { "date": "2024-07-12", "close": 2.65, "volume": 29605835, "typical_volume": 53083257.7, "trend": 3.176667, "fair_value": 4.004383, "relative_strength": -21.564715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.458841, "energy": 64.27419, "activity_lines": [ 2.648667, 2.743091, 2.87181, 2.975914 ] }, { "date": "2024-07-19", "close": 2.58, "volume": 21065195, "typical_volume": 49916825.6, "trend": 3.127333, "fair_value": 3.994714, "relative_strength": -23.508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.393084, "energy": 62.705066, "activity_lines": [ 2.619333, 2.693273, 2.836, 2.937419 ] }, { "date": "2024-07-26", "close": 2.57, "volume": 23458301, "typical_volume": 48796532.25, "trend": 3.083667, "fair_value": 3.984853, "relative_strength": -21.025289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.876452, "energy": 53.825954, "activity_lines": [ 2.598667, 2.650909, 2.801619, 2.901462 ] }, { "date": "2024-08-02", "close": 2.65, "volume": 29721727, "typical_volume": 46868343.05, "trend": 3.049333, "fair_value": 3.976142, "relative_strength": -18.554129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.60744, "energy": 47.756403, "activity_lines": [ 2.612667, 2.636909, 2.776952, 2.873484 ] }, { "date": "2024-08-09", "close": 2.68, "volume": 37934200, "typical_volume": 46058872.95, "trend": 3.007667, "fair_value": 3.967686, "relative_strength": -15.900038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.092914, "energy": 41.901977, "activity_lines": [ 2.634667, 2.637455, 2.757476, 2.849656 ] }, { "date": "2024-08-16", "close": 2.66, "volume": 39429393, "typical_volume": 45937824.7, "trend": 2.964, "fair_value": 3.958848, "relative_strength": -16.384924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.022113, "energy": 32.541757, "activity_lines": [ 2.646, 2.638545, 2.738619, 2.827226 ] }, { "date": "2024-08-23", "close": 2.48, "volume": 39778083, "typical_volume": 46225434.85, "trend": 2.925, "fair_value": 3.949237, "relative_strength": -20.709899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.871613, "energy": 42.639807, "activity_lines": [ 2.596667, 2.608, 2.70481, 2.796 ] }, { "date": "2024-08-30", "close": 2.58, "volume": 32121944, "typical_volume": 44767112.7, "trend": 2.881, "fair_value": 3.941349, "relative_strength": -16.562942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.086217, "energy": 38.511331, "activity_lines": [ 2.587333, 2.600727, 2.68381, 2.773742 ] }, { "date": "2024-09-06", "close": 2.55, "volume": 28897321, "typical_volume": 42922014.5, "trend": 2.858667, "fair_value": 3.933205, "relative_strength": -14.696391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.096352, "energy": 43.884426, "activity_lines": [ 2.567333, 2.59, 2.662048, 2.752387 ] }, { "date": "2024-09-13", "close": 2.81, "volume": 82538403, "typical_volume": 44813788.85, "trend": 2.86, "fair_value": 3.926154, "relative_strength": -3.555375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.779573, "energy": 24.388655, "activity_lines": [ 2.640667, 2.627818, 2.666381, 2.749247 ] }, { "date": "2024-09-20", "close": 2.77, "volume": 153823505, "typical_volume": 50937209.15, "trend": 2.848333, "fair_value": 3.919295, "relative_strength": -5.705668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.942333, "energy": 15.715296, "activity_lines": [ 2.692, 2.654909, 2.667571, 2.743441 ] }, { "date": "2024-09-27", "close": 3.16, "volume": 196926790, "typical_volume": 57594005.65, "trend": 2.851, "fair_value": 3.914487, "relative_strength": -4.330227, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.501119, "energy": 33.126512, "activity_lines": [ 2.866, 2.750727, 2.707238, 2.763548 ] }, { "date": "2024-10-04", "close": 3.44, "volume": 59945296, "typical_volume": 55290981.75, "trend": 2.865333, "fair_value": 3.910897, "relative_strength": -3.335875, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.04921, "energy": 62.848782, "activity_lines": [ 3.088, 2.886909, 2.773238, 2.801548 ] }, { "date": "2024-10-11", "close": 3.17, "volume": 152626510, "typical_volume": 57757239.25, "trend": 2.866333, "fair_value": 3.904936, "relative_strength": -7.304453, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.891212, "energy": 60.415553, "activity_lines": [ 3.162667, 2.958182, 2.813, 2.821204 ] }, { "date": "2024-10-18", "close": 3.18, "volume": 100953774, "typical_volume": 60502792.35, "trend": 2.865333, "fair_value": 3.899167, "relative_strength": -8.003227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.04251, "energy": 65.905024, "activity_lines": [ 3.199333, 3.021818, 2.853619, 2.841441 ] }, { "date": "2024-10-25", "close": 3.29, "volume": 75174979, "typical_volume": 61569696.3, "trend": 2.871, "fair_value": 3.893526, "relative_strength": -5.630706, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.550763, "energy": 65.252509, "activity_lines": [ 3.248, 3.096364, 2.903429, 2.868839 ] }, { "date": "2024-11-01", "close": 3.34, "volume": 106119897, "typical_volume": 65076436.15, "trend": 2.876667, "fair_value": 3.888974, "relative_strength": -3.117374, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.453927, "energy": 52.972136, "activity_lines": [ 3.278667, 3.168545, 2.955286, 2.899097 ] }, { "date": "2024-11-08", "close": 3.62, "volume": 117138312, "typical_volume": 69148719.95, "trend": 2.896667, "fair_value": 3.885769, "relative_strength": -0.237441, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.00042, "energy": 63.21591, "activity_lines": [ 3.390667, 3.276, 3.031048, 2.947054 ] }, { "date": "2024-11-15", "close": 3.28, "volume": 101576123, "typical_volume": 72720626.15, "trend": 2.911667, "fair_value": 3.881346, "relative_strength": -5.839083, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.404584, "energy": 49.481687, "activity_lines": [ 3.377333, 3.302727, 3.07, 2.971785 ] }, { "date": "2024-11-22", "close": 3.36, "volume": 111384001, "typical_volume": 77010979.45, "trend": 2.925333, "fair_value": 3.876795, "relative_strength": -1.293056, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.9417, "energy": 46.214215, "activity_lines": [ 3.383333, 3.330727, 3.113429, 3.00071 ] }, { "date": "2024-11-29", "close": 3.82, "volume": 172205017, "typical_volume": 84140938.55, "trend": 2.951, "fair_value": 3.876538, "relative_strength": 10.60228, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.771225, "energy": 55.892729, "activity_lines": [ 3.530667, 3.432364, 3.197143, 3.05843 ] }, { "date": "2024-12-06", "close": 4.09, "volume": 343149767, "typical_volume": 100245167.15, "trend": 2.984333, "fair_value": 3.877949, "relative_strength": 15.972798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.210681, "energy": 59.652535, "activity_lines": [ 3.732667, 3.564, 3.301, 3.131914 ] }, { "date": "2024-12-13", "close": 4.09, "volume": 181419954, "typical_volume": 108143249.8, "trend": 3.009667, "fair_value": 3.878974, "relative_strength": 16.607979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.323943, "energy": 74.561999, "activity_lines": [ 3.884667, 3.678727, 3.397667, 3.203247 ] }, { "date": "2024-12-20", "close": 4.15, "volume": 278031900, "typical_volume": 120558758.45, "trend": 3.043, "fair_value": 3.880256, "relative_strength": 19.482955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.520063, "energy": 78.720589, "activity_lines": [ 4.025333, 3.792545, 3.49281, 3.276817 ] }, { "date": "2024-12-27", "close": 3.82, "volume": 122251012, "typical_volume": 124774599.05, "trend": 3.073333, "fair_value": 3.879038, "relative_strength": 9.367997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.479682, "energy": 66.820363, "activity_lines": [ 3.998, 3.828545, 3.549381, 3.326946 ] }, { "date": "2025-01-03", "close": 3.37, "volume": 54551345, "typical_volume": 125530696.65, "trend": 3.095, "fair_value": 3.875385, "relative_strength": 2.514085, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.557259, "energy": 41.003364, "activity_lines": [ 3.79, 3.771091, 3.557667, 3.346086 ] }, { "date": "2025-01-10", "close": 3.17, "volume": 56469800, "typical_volume": 126365282.5, "trend": 3.108667, "fair_value": 3.869744, "relative_strength": -1.633504, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.551123, "energy": 16.924698, "activity_lines": [ 3.545333, 3.675818, 3.543524, 3.350925 ] }, { "date": "2025-01-17", "close": 3.3, "volume": 47626301, "typical_volume": 127140500.35, "trend": 3.129, "fair_value": 3.864103, "relative_strength": 0.770319, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.279691, "energy": 23.596288, "activity_lines": [ 3.405333, 3.607273, 3.538476, 3.363269 ] }, { "date": "2025-01-24", "close": 3.25, "volume": 53429068, "typical_volume": 128367087.7, "trend": 3.15, "fair_value": 3.858718, "relative_strength": -0.537976, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.883516, "energy": 24.472518, "activity_lines": [ 3.301333, 3.535455, 3.525238, 3.371075 ] }, { "date": "2025-01-31", "close": 3.27, "volume": 8432200, "typical_volume": 124661777.55, "trend": 3.171667, "fair_value": 3.85359, "relative_strength": 0.781061, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.938481, "energy": 20.538801, "activity_lines": [ 3.264, 3.467818, 3.510571, 3.378817 ] }, { "date": "2025-02-07", "close": 3.41, "volume": 34668600, "typical_volume": 118704032.3, "trend": 3.197, "fair_value": 3.848654, "relative_strength": 3.701884, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.917752, "energy": 15.581215, "activity_lines": [ 3.31, 3.427273, 3.507048, 3.394194 ] }, { "date": "2025-02-14", "close": 3.38, "volume": 53755996, "typical_volume": 111545492.6, "trend": 3.223667, "fair_value": 3.843397, "relative_strength": 1.382093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.232255, "energy": 11.816546, "activity_lines": [ 3.343333, 3.388727, 3.497619, 3.406 ] }, { "date": "2025-02-21", "close": 3.28, "volume": 55384401, "typical_volume": 111317447.85, "trend": 3.247333, "fair_value": 3.836731, "relative_strength": -2.432975, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.006539, "energy": 8.511818, "activity_lines": [ 3.329333, 3.344909, 3.477619, 3.409634 ] }, { "date": "2025-02-28", "close": 3.33, "volume": 53690961, "typical_volume": 106370670.4, "trend": 3.27, "fair_value": 3.828782, "relative_strength": 0.819538, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.725292, "energy": 11.833046, "activity_lines": [ 3.333333, 3.324909, 3.463143, 3.414968 ] }, { "date": "2025-03-07", "close": 3.27, "volume": 52951274, "typical_volume": 103970545.4, "trend": 3.289667, "fair_value": 3.818205, "relative_strength": -2.478176, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.091502, "energy": 12.623824, "activity_lines": [ 3.312, 3.308909, 3.44219, 3.414968 ] }, { "date": "2025-03-14", "close": 3.36, "volume": 45040543, "typical_volume": 102463823.6, "trend": 3.313, "fair_value": 3.809872, "relative_strength": -1.085045, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.941962, "energy": 13.215816, "activity_lines": [ 3.320667, 3.319273, 3.429381, 3.419505 ] }, { "date": "2025-03-21", "close": 3.51, "volume": 128425718, "typical_volume": 103579114.65, "trend": 3.347333, "fair_value": 3.802885, "relative_strength": 5.031861, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.21777, "energy": 10.833923, "activity_lines": [ 3.382667, 3.357091, 3.430524, 3.432215 ] }, { "date": "2025-03-28", "close": 3.25, "volume": 84527628, "typical_volume": 101948580.45, "trend": 3.369667, "fair_value": 3.793462, "relative_strength": -2.249539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.540441, "energy": 9.220748, "activity_lines": [ 3.349333, 3.341455, 3.406095, 3.425935 ] }, { "date": "2025-04-04", "close": 3.36, "volume": 45592030, "typical_volume": 99149375.8, "trend": 3.396667, "fair_value": 3.783782, "relative_strength": 1.394031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.292432, "energy": 6.46358, "activity_lines": [ 3.354667, 3.346727, 3.393905, 3.425312 ] }, { "date": "2025-04-11", "close": 3.15, "volume": 74333717, "typical_volume": 97296861.6, "trend": 3.408, "fair_value": 3.771795, "relative_strength": -1.844447, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.303326, "energy": 23.437752, "activity_lines": [ 3.288, 3.311818, 3.361333, 3.409398 ] }, { "date": "2025-04-18", "close": 3.36, "volume": 66057341, "typical_volume": 91989477.8, "trend": 3.427667, "fair_value": 3.760513, "relative_strength": 3.264281, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.837532, "energy": 33.816985, "activity_lines": [ 3.299333, 3.317273, 3.349762, 3.406301 ] }, { "date": "2025-04-25", "close": 3.39, "volume": 61525685, "typical_volume": 77908273.7, "trend": 3.435333, "fair_value": 3.744423, "relative_strength": 3.459041, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.015177, "energy": 23.07736, "activity_lines": [ 3.320667, 3.329091, 3.343238, 3.403871 ] }, { "date": "2025-05-02", "close": 3.33, "volume": 31032847, "typical_volume": 70388918.35, "trend": 3.431667, "fair_value": 3.730064, "relative_strength": 2.05917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.329676, "energy": 18.609954, "activity_lines": [ 3.33, 3.329818, 3.334333, 3.397075 ] }, { "date": "2025-05-09", "close": 3.43, "volume": 40949999, "typical_volume": 58534823.3, "trend": 3.440333, "fair_value": 3.718269, "relative_strength": 3.050131, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.155091, "energy": 9.719957, "activity_lines": [ 3.367333, 3.347818, 3.338571, 3.396968 ] }, { "date": "2025-05-16", "close": 3.44, "volume": 36584634, "typical_volume": 54251504.4, "trend": 3.449, "fair_value": 3.710833, "relative_strength": 2.636971, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.657038, "energy": 10.097175, "activity_lines": [ 3.403333, 3.365818, 3.34719, 3.396946 ] }, { "date": "2025-05-23", "close": 3.44, "volume": 46065430, "typical_volume": 53827208.65, "trend": 3.454, "fair_value": 3.704038, "relative_strength": 3.207022, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.558184, "energy": 10.218187, "activity_lines": [ 3.42, 3.380727, 3.357619, 3.396366 ] }, { "date": "2025-05-30", "close": 3.56, "volume": 42670700, "typical_volume": 53137253.65, "trend": 3.461333, "fair_value": 3.696923, "relative_strength": 6.586835, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.53197, "energy": 25.0021, "activity_lines": [ 3.471333, 3.416, 3.379143, 3.403204 ] }, { "date": "2025-06-06", "close": 3.68, "volume": 33746100, "typical_volume": 52443243.6, "trend": 3.463333, "fair_value": 3.6875, "relative_strength": 8.537913, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.005492, "energy": 41.561357, "activity_lines": [ 3.551333, 3.472182, 3.410238, 3.417312 ] }, { "date": "2025-06-13", "close": 3.58, "volume": 41738700, "typical_volume": 51858725.2, "trend": 3.473333, "fair_value": 3.676603, "relative_strength": 5.545938, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.095358, "energy": 42.639204, "activity_lines": [ 3.574667, 3.502364, 3.43, 3.424839 ] }, { "date": "2025-06-20", "close": 3.45, "volume": 44901847, "typical_volume": 53682207.55, "trend": 3.476333, "fair_value": 3.664423, "relative_strength": 1.977928, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.921379, "energy": 35.829733, "activity_lines": [ 3.544667, 3.504909, 3.43581, 3.423333 ] }, { "date": "2025-06-27", "close": 3.73, "volume": 52684469, "typical_volume": 54583001.0, "trend": 3.473333, "fair_value": 3.656859, "relative_strength": 7.758289, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.648695, "energy": 44.364047, "activity_lines": [ 3.607333, 3.552909, 3.467429, 3.439699 ] }, { "date": "2025-07-04", "close": 3.71, "volume": 40671002, "typical_volume": 53928751.3, "trend": 3.460667, "fair_value": 3.650513, "relative_strength": 5.334745, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.655893, "energy": 38.784974, "activity_lines": [ 3.644, 3.590545, 3.495619, 3.454968 ] }, { "date": "2025-07-11", "close": 3.86, "volume": 51282789, "typical_volume": 53723670.7, "trend": 3.453, "fair_value": 3.645128, "relative_strength": 7.986161, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.88801, "energy": 67.74153, "activity_lines": [ 3.720667, 3.649636, 3.536524, 3.480731 ] }, { "date": "2025-07-18", "close": 3.83, "volume": 53272992, "typical_volume": 53702772.25, "trend": 3.442333, "fair_value": 3.640128, "relative_strength": 5.972774, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.589831, "energy": 75.012114, "activity_lines": [ 3.775333, 3.693636, 3.57181, 3.505054 ] }, { "date": "2025-07-25", "close": 3.87, "volume": 44244051, "typical_volume": 53267411.1, "trend": 3.444, "fair_value": 3.635641, "relative_strength": 4.945537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.856056, "energy": 76.220959, "activity_lines": [ 3.826667, 3.737636, 3.608524, 3.532645 ] }, { "date": "2025-08-01", "close": 3.84, "volume": 49949100, "typical_volume": 53512838.95, "trend": 3.459667, "fair_value": 3.631218, "relative_strength": 4.790771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.279254, "energy": 72.895138, "activity_lines": [ 3.84, 3.768364, 3.639524, 3.558194 ] }, { "date": "2025-08-08", "close": 3.94, "volume": 69370161, "typical_volume": 50560061.1, "trend": 3.485333, "fair_value": 3.629038, "relative_strength": 5.006734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.039923, "energy": 68.065236, "activity_lines": [ 3.879333, 3.81, 3.677762, 3.589183 ] }, { "date": "2025-08-15", "close": 3.89, "volume": 48422303, "typical_volume": 48754794.85, "trend": 3.505, "fair_value": 3.624615, "relative_strength": 1.701974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.813501, "energy": 50.056105, "activity_lines": [ 3.886667, 3.835636, 3.70919, 3.61529 ] }, { "date": "2025-08-22", "close": 4.0, "volume": 53406781, "typical_volume": 49145532.4, "trend": 3.53, "fair_value": 3.619872, "relative_strength": 0.721159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.085672, "energy": 53.462112, "activity_lines": [ 3.928667, 3.877455, 3.748048, 3.647226 ] }, { "date": "2025-08-29", "close": 3.91, "volume": 73555651, "typical_volume": 49106629.1, "trend": 3.551333, "fair_value": 3.613654, "relative_strength": -2.556908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.427232, "energy": 47.792368, "activity_lines": [ 3.929333, 3.895273, 3.775286, 3.671742 ] }, { "date": "2025-09-05", "close": 3.92, "volume": 55838330, "typical_volume": 48595678.55, "trend": 3.568333, "fair_value": 3.606603, "relative_strength": -1.33779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.501185, "energy": 43.543186, "activity_lines": [ 3.930667, 3.906545, 3.799857, 3.695527 ] }, { "date": "2025-09-12", "close": 4.05, "volume": 61038291, "typical_volume": 48571308.85, "trend": 3.590667, "fair_value": 3.600705, "relative_strength": 0.391192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.951989, "energy": 49.145103, "activity_lines": [ 3.97, 3.938, 3.834143, 3.726602 ] }, { "date": "2025-09-19", "close": 3.91, "volume": 75670802, "typical_volume": 50803206.6, "trend": 3.611667, "fair_value": 3.59359, "relative_strength": -1.818314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.373987, "energy": 38.988942, "activity_lines": [ 3.955333, 3.937818, 3.851952, 3.747204 ] }, { "date": "2025-09-26", "close": 3.72, "volume": 63044197, "typical_volume": 51907916.5, "trend": 3.624667, "fair_value": 3.584936, "relative_strength": -6.695907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.506576, "energy": 22.78007, "activity_lines": [ 3.876, 3.902182, 3.848905, 3.754194 ] }, { "date": "2025-10-03", "close": 3.8, "volume": 25029441, "typical_volume": 51330156.85, "trend": 3.642333, "fair_value": 3.575577, "relative_strength": -5.940478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.846367, "energy": 16.693331, "activity_lines": [ 3.842, 3.883091, 3.852095, 3.765505 ] }, { "date": "2025-10-10", "close": 3.8, "volume": 29849092, "typical_volume": 50519339.95, "trend": 3.657, "fair_value": 3.568397, "relative_strength": -6.267011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.452243, "energy": 19.451258, "activity_lines": [ 3.815333, 3.865273, 3.853571, 3.775677 ] }, { "date": "2025-10-17", "close": 3.89, "volume": 60580574, "typical_volume": 51414833.65, "trend": 3.669667, "fair_value": 3.565064, "relative_strength": -2.684327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.45911, "energy": 19.323837, "activity_lines": [ 3.826667, 3.864545, 3.861905, 3.79071 ] }, { "date": "2025-10-24", "close": 4.14, "volume": 100471953, "typical_volume": 54751126.3, "trend": 3.699333, "fair_value": 3.565769, "relative_strength": 0.576613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.82635, "energy": 32.344307, "activity_lines": [ 3.932, 3.910182, 3.892476, 3.821054 ] }, { "date": "2025-10-31", "close": 4.15, "volume": 114040115, "typical_volume": 58366197.05, "trend": 3.725667, "fair_value": 3.565897, "relative_strength": 0.652299, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.54019, "energy": 44.507246, "activity_lines": [ 4.025333, 3.953091, 3.92181, 3.850129 ] }, { "date": "2025-11-07", "close": 4.17, "volume": 71143730, "typical_volume": 59678291.2, "trend": 3.759667, "fair_value": 3.56609, "relative_strength": 0.065443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.93873, "energy": 61.788305, "activity_lines": [ 4.096667, 3.996909, 3.950333, 3.878796 ] }, { "date": "2025-11-14", "close": 4.29, "volume": 65123192, "typical_volume": 60300227.35, "trend": 3.790667, "fair_value": 3.569487, "relative_strength": 2.95578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.809314, "energy": 72.03501, "activity_lines": [ 4.183333, 4.057818, 3.986857, 3.913011 ] }, { "date": "2025-11-21", "close": 3.87, "volume": 83146260, "typical_volume": 62423990.25, "trend": 3.806667, "fair_value": 3.569744, "relative_strength": -3.321076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.07688, "energy": 43.175576, "activity_lines": [ 4.097333, 4.035636, 3.980714, 3.918129 ] }, { "date": "2025-11-28", "close": 3.98, "volume": 54703128, "typical_volume": 62595007.2, "trend": 3.828333, "fair_value": 3.569423, "relative_strength": -1.720182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.971855, "energy": 28.170592, "activity_lines": [ 4.049333, 4.036727, 3.984286, 3.929312 ] }, { "date": "2025-12-05", "close": 3.9, "volume": 58500107, "typical_volume": 62856362.95, "trend": 3.844, "fair_value": 3.568333, "relative_strength": -3.686698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.361979, "energy": 12.917461, "activity_lines": [ 3.985333, 4.022, 3.979667, 3.933935 ] }, { "date": "2025-12-12", "close": 3.64, "volume": 67033765, "typical_volume": 63995848.65, "trend": 3.850667, "fair_value": 3.565, "relative_strength": -9.342864, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 1.395134, "energy": 15.627004, "activity_lines": [ 3.851333, 3.956727, 3.949952, 3.920774 ] }, { "date": "2025-12-19", "close": 3.83, "volume": 53093660, "typical_volume": 64153076.65, "trend": 3.863667, "fair_value": 3.562564, "relative_strength": -4.195723, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.641188, "energy": 19.080934, "activity_lines": [ 3.816, 3.928909, 3.939429, 3.919441 ] }, { "date": "2025-12-26", "close": 3.87, "volume": 45730567, "typical_volume": 62971096.95, "trend": 3.874, "fair_value": 3.560256, "relative_strength": -4.721348, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.246174, "energy": 19.204925, "activity_lines": [ 3.824667, 3.907818, 3.932762, 3.919849 ] }, { "date": "2026-01-02", "close": 3.87, "volume": 25128583, "typical_volume": 61806410.95, "trend": 3.880333, "fair_value": 3.55859, "relative_strength": -4.712421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.632427, "energy": 18.186588, "activity_lines": [ 3.833333, 3.887091, 3.926429, 3.919591 ] }, { "date": "2026-01-09", "close": 4.19, "volume": 76984572, "typical_volume": 62985300.5, "trend": 3.900667, "fair_value": 3.558846, "relative_strength": -0.659379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.588447, "energy": 19.094426, "activity_lines": [ 3.956, 3.929455, 3.950667, 3.93957 ] }, { "date": "2026-01-16", "close": 4.23, "volume": 80216243, "typical_volume": 63318330.1, "trend": 3.926667, "fair_value": 3.560897, "relative_strength": 0.716476, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.810368, "energy": 34.258787, "activity_lines": [ 4.072667, 3.978364, 3.97781, 3.960817 ] }, { "date": "2026-01-23", "close": 4.26, "volume": 68634381, "typical_volume": 63958132.65, "trend": 3.944333, "fair_value": 3.562692, "relative_strength": 0.532786, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.187949, "energy": 54.693662, "activity_lines": [ 4.16, 4.031636, 4.006286, 3.982323 ] }, { "date": "2026-01-30", "close": 4.27, "volume": 67940088, "typical_volume": 64303222.5, "trend": 3.963, "fair_value": 3.565192, "relative_strength": 1.155751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.18475, "energy": 66.435554, "activity_lines": [ 4.222, 4.087273, 4.034095, 4.003333 ] }, { "date": "2026-02-06", "close": 4.35, "volume": 50445006, "typical_volume": 63041932.7, "trend": 3.979333, "fair_value": 3.566987, "relative_strength": 4.30434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.033765, "energy": 70.905628, "activity_lines": [ 4.284, 4.150182, 4.068476, 4.028301 ] }, { "date": "2026-02-13", "close": 4.36, "volume": 50478175, "typical_volume": 62413631.6, "trend": 3.997, "fair_value": 3.568077, "relative_strength": 4.008435, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.974907, "energy": 68.041961, "activity_lines": [ 4.317333, 4.208182, 4.101714, 4.05286 ] }, { "date": "2026-02-27", "close": 4.73, "volume": 138532251, "typical_volume": 68088772.1, "trend": 4.025667, "fair_value": 3.571731, "relative_strength": 10.302555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.077108, "energy": 80.295549, "activity_lines": [ 4.462667, 4.325091, 4.167143, 4.100151 ] }, { "date": "2026-03-06", "close": 4.82, "volume": 92712334, "typical_volume": 71231934.2, "trend": 4.058333, "fair_value": 3.576474, "relative_strength": 13.105261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.138206, "energy": 82.032869, "activity_lines": [ 4.604667, 4.438545, 4.236714, 4.151398 ] }, { "date": "2026-03-13", "close": 4.62, "volume": 54742622, "typical_volume": 70940036.6, "trend": 4.081, "fair_value": 3.579872, "relative_strength": 8.851966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.194797, "energy": 73.79671, "activity_lines": [ 4.642667, 4.497636, 4.282381, 4.187634 ] }, { "date": "2026-03-20", "close": 4.38, "volume": 57745542, "typical_volume": 68803716.05, "trend": 4.097333, "fair_value": 3.581538, "relative_strength": 6.560776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.071857, "energy": 59.272759, "activity_lines": [ 4.577333, 4.499455, 4.301714, 4.206925 ] }, { "date": "2026-03-27", "close": 4.6, "volume": 61999561, "typical_volume": 66201688.35, "trend": 4.117333, "fair_value": 3.585769, "relative_strength": 12.875853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.661103, "energy": 45.026243, "activity_lines": [ 4.583333, 4.532, 4.340857, 4.239355 ] }, { "date": "2026-04-03", "close": 4.2, "volume": 42672700, "typical_volume": 64778136.85, "trend": 4.127, "fair_value": 3.587821, "relative_strength": 3.737871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.447251, "energy": 20.686108, "activity_lines": [ 4.44, 4.484364, 4.339762, 4.244688 ] }, { "date": "2026-04-10", "close": 4.37, "volume": 47325334, "typical_volume": 63888243.95, "trend": 4.142, "fair_value": 3.590705, "relative_strength": 4.887404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.860217, "energy": 19.917051, "activity_lines": [ 4.388667, 4.468182, 4.354714, 4.260366 ] }, { "date": "2026-04-17", "close": 4.19, "volume": 43234315, "typical_volume": 61892646.7, "trend": 4.146667, "fair_value": 3.593333, "relative_strength": -1.163084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.676607, "energy": 16.76355, "activity_lines": [ 4.307333, 4.417273, 4.352143, 4.263462 ] }, { "date": "2026-04-24", "close": 4.29, "volume": 53446153, "typical_volume": 61829797.95, "trend": 4.159333, "fair_value": 3.596474, "relative_strength": 0.441367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.805923, "energy": 19.296048, "activity_lines": [ 4.288, 4.386, 4.357571, 4.27271 ] }, { "date": "2026-05-01", "close": 4.43, "volume": 41389330, "typical_volume": 60974259.1, "trend": 4.183, "fair_value": 3.600449, "relative_strength": 2.81395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.842685, "energy": 15.726652, "activity_lines": [ 4.321333, 4.381273, 4.374857, 4.290172 ] }, { "date": "2026-05-08", "close": 4.37, "volume": 31300692, "typical_volume": 59187605.45, "trend": 4.202, "fair_value": 3.605, "relative_strength": -0.278266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.510024, "energy": 9.467422, "activity_lines": [ 4.346, 4.364364, 4.383905, 4.302237 ] }, { "date": "2026-05-15", "close": 4.01, "volume": 65824289, "typical_volume": 59824136.9, "trend": 4.209, "fair_value": 3.606987, "relative_strength": -7.411012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.453083, "energy": 6.588145, "activity_lines": [ 4.239333, 4.288545, 4.35519, 4.289849 ] }, { "date": "2026-05-22", "close": 3.92, "volume": 40446266, "typical_volume": 59559921.85, "trend": 4.21, "fair_value": 3.607628, "relative_strength": -8.87962, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.222897, "energy": 27.178493, "activity_lines": [ 4.126667, 4.211091, 4.317048, 4.271204 ] }, { "date": "2026-05-29", "close": 3.7, "volume": 50523426, "typical_volume": 60829664.0, "trend": 4.195333, "fair_value": 3.606538, "relative_strength": -12.86746, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.570543, "energy": 51.109906, "activity_lines": [ 3.958667, 4.106364, 4.257714, 4.238301 ] }, { "date": "2026-06-05", "close": 3.61, "volume": 6680101, "typical_volume": 57314440.45, "trend": 4.177333, "fair_value": 3.605064, "relative_strength": -13.859668, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.009673, "energy": 66.478935, "activity_lines": [ 3.8, 3.997636, 4.190619, 4.200538 ] }, { "date": "2026-06-12", "close": 3.75, "volume": 9361400, "typical_volume": 53771698.3, "trend": 4.163333, "fair_value": 3.605128, "relative_strength": -10.342942, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.704084, "energy": 63.214377, "activity_lines": [ 3.742667, 3.932364, 4.139619, 4.172968 ] }, { "date": "2026-06-19", "close": 3.73, "volume": 38494856, "typical_volume": 52264722.05, "trend": 4.144667, "fair_value": 3.604936, "relative_strength": -11.864529, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.733412, "energy": 62.579108, "activity_lines": [ 3.72, 3.871636, 4.089, 4.145011 ] }, { "date": "2026-06-26", "close": 3.38, "volume": 7317733, "typical_volume": 49233604.3, "trend": 4.128333, "fair_value": 3.602308, "relative_strength": -18.597211, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.907676, "energy": 79.756884, "activity_lines": [ 3.599333, 3.758909, 4.007571, 4.095677 ] }, { "date": "2026-07-03", "close": 3.41, "volume": 5164700, "typical_volume": 46969589.0, "trend": 4.109333, "fair_value": 3.599936, "relative_strength": -17.83031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.398045, "energy": 78.988165, "activity_lines": [ 3.524667, 3.666364, 3.933238, 4.049333 ] }, { "date": "2026-07-10", "close": 3.35, "volume": 32563801, "typical_volume": 46073870.3, "trend": 4.091, "fair_value": 3.598077, "relative_strength": -17.963194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.945371, "energy": 81.138651, "activity_lines": [ 3.449333, 3.578909, 3.857667, 4.000344 ] }, { "date": "2026-07-17", "close": 3.3, "volume": 37109948, "typical_volume": 41002755.15, "trend": 4.079667, "fair_value": 3.595, "relative_strength": -13.845165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.189916, "energy": 81.687797, "activity_lines": [ 3.374667, 3.502, 3.782143, 3.949312 ] }, { "date": "2026-07-24", "close": 3.04, "volume": 43927850, "typical_volume": 38563530.95, "trend": 4.053333, "fair_value": 3.590256, "relative_strength": -21.247899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.453497, "energy": 85.401936, "activity_lines": [ 3.243333, 3.397273, 3.688667, 3.882237 ] }, { "date": "2026-07-31", "close": 3.32, "volume": 33259095, "typical_volume": 37489354.6, "trend": 4.035, "fair_value": 3.587372, "relative_strength": -14.055944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.578256, "energy": 64.692881, "activity_lines": [ 3.251333, 3.361091, 3.630333, 3.834925 ] }, { "date": "2026-08-07", "close": 3.44, "volume": 35843910, "typical_volume": 36394273.0, "trend": 4.020667, "fair_value": 3.584808, "relative_strength": -13.044365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.173583, "energy": 52.763084, "activity_lines": [ 3.303333, 3.357636, 3.589619, 3.796538 ] } ], "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." } } }