{ "ticker": { "uuid": "aab38949-b6ef-48cb-aa0c-71a6fb4a1858", "symbol": "000717", "name": "Guangdong Zhongnan Iron and Steel Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -34.293, "architecture_energy": 19.41, "architecture_maturity": 91.713, "architecture_confidence": 71.251, "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": 44.49, "rotation_up": 27.23, "upward_expansion": 19.42, "deceleration": 46.92, "rotation_down": 21.04, "downward_expansion": 53.42 }, "activity_lines": [ 2.2, 2.165091, 2.209333, 2.291548 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 2.23, "trend_reference": 2.4, "distance_from_trend": -0.070833, "trend_direction": "Weakening", "fair_value": 2.538974, "distance_from_fair_value": -0.121693, "fair_value_direction": "Weakening", "relative_strength": -15.712255, "relative_strength_direction": "Improving", "price_momentum": -0.152091, "excess_performance": -0.159491, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070833, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.063963, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.121693, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.082582, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157123, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.085768, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.152091, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.313099, "read": "Supply-led" } ], "volume": { "latest": 90531902, "relative_activity": 1.126532, "balance": 0.313099, "dry_up": 1.05913, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.070024, "annualized_volatility": 0.339074, "from_high_reference": -0.266447, "from_low_reference": 0.137755 }, "levels": { "trend_reference": 2.4, "fair_value_reference": 2.538974, "structural_low": 1.96, "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": 36, "median_return": -0.011912, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.006289, "regime_survival": 0.833333, "best_return": 0.374332, "worst_return": -0.169014, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.027283, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.031888, "regime_survival": 0.583333, "best_return": 0.805714, "worst_return": -0.273859, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.075002, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.079342, "regime_survival": 0.571429, "best_return": 0.451429, "worst_return": -0.311024, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.048266, "positive_rate": 0.25, "directional_follow_through": 0.5, "median_excess_return": -0.005898, "regime_survival": 0.5, "best_return": 0.012245, "worst_return": -0.172861, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-20", "end": "2023-12-22", "tenure": "Developing", "return": -0.082143, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-09-20", "tenure": "Extended", "return": -0.30315, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": -0.045296, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-24", "tenure": "Established", "return": -0.147766, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.123506, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.100372, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.195918, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.013158, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": -0.050676, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-12-05", "tenure": "Established", "return": -0.0681, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.052209, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.023166, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-04-10", "tenure": "Developing", "return": -0.122302, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.082305, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.03, "volume": 152927748, "typical_volume": 78632152.95, "trend": 2.825192, "fair_value": 3.774356, "relative_strength": 5.782444, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.166675, "energy": 42.088614, "activity_lines": [ 2.902667, 2.860166, 2.82296, 2.824813 ] }, { "date": "2023-08-04", "close": 3.11, "volume": 174918495, "typical_volume": 82234100.1, "trend": 2.834866, "fair_value": 3.768802, "relative_strength": 7.190145, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.221389, "energy": 72.102311, "activity_lines": [ 2.983333, 2.909625, 2.852418, 2.843188 ] }, { "date": "2023-08-11", "close": 2.99, "volume": 91133582, "typical_volume": 81670298.9, "trend": 2.842848, "fair_value": 3.762594, "relative_strength": 7.133506, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.082856, "energy": 69.024876, "activity_lines": [ 3.002, 2.930909, 2.869537, 2.853197 ] }, { "date": "2023-08-18", "close": 3.03, "volume": 102350818, "typical_volume": 82434460.3, "trend": 2.854472, "fair_value": 3.756469, "relative_strength": 12.067304, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.012611, "energy": 71.194469, "activity_lines": [ 3.024, 2.957091, 2.889561, 2.865271 ] }, { "date": "2023-08-25", "close": 2.91, "volume": 99970275, "typical_volume": 84479780.1, "trend": 2.85682, "fair_value": 3.749286, "relative_strength": 10.978887, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.703962, "energy": 53.343015, "activity_lines": [ 2.992667, 2.958182, 2.896731, 2.868853 ] }, { "date": "2023-09-01", "close": 2.93, "volume": 131825691, "typical_volume": 87094302.2, "trend": 2.858185, "fair_value": 3.742578, "relative_strength": 8.081303, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.413575, "energy": 28.483296, "activity_lines": [ 2.964667, 2.961091, 2.904812, 2.873575 ] }, { "date": "2023-09-08", "close": 2.86, "volume": 148067464, "typical_volume": 91007115.75, "trend": 2.857547, "fair_value": 3.735306, "relative_strength": 7.299524, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.923164, "energy": 15.361088, "activity_lines": [ 2.92, 2.948182, 2.905276, 2.873692 ] }, { "date": "2023-09-15", "close": 3.03, "volume": 113697033, "typical_volume": 93242040.1, "trend": 2.862575, "fair_value": 3.72895, "relative_strength": 15.055174, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.831846, "energy": 20.039261, "activity_lines": [ 2.948667, 2.964727, 2.920845, 2.884818 ] }, { "date": "2023-09-22", "close": 2.98, "volume": 87973893, "typical_volume": 94328879.1, "trend": 2.861979, "fair_value": 3.723025, "relative_strength": 12.690224, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.376919, "energy": 18.584913, "activity_lines": [ 2.958, 2.968727, 2.929896, 2.892394 ] }, { "date": "2023-09-29", "close": 2.91, "volume": 55146799, "typical_volume": 90012573.9, "trend": 2.857071, "fair_value": 3.717055, "relative_strength": 10.741528, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.096606, "energy": 16.163285, "activity_lines": [ 2.947333, 2.957273, 2.931377, 2.895492 ] }, { "date": "2023-10-13", "close": 2.84, "volume": 67544906, "typical_volume": 89946399.95, "trend": 2.853457, "fair_value": 3.710406, "relative_strength": 8.521966, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.022258, "energy": 10.218627, "activity_lines": [ 2.913333, 2.932182, 2.926091, 2.89439 ] }, { "date": "2023-10-20", "close": 2.8, "volume": 56520372, "typical_volume": 89187342.6, "trend": 2.849499, "fair_value": 3.704079, "relative_strength": 12.417082, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.451304, "energy": 8.984584, "activity_lines": [ 2.872, 2.903273, 2.916711, 2.890942 ] }, { "date": "2023-10-27", "close": 2.9, "volume": 61765250, "typical_volume": 87917519.2, "trend": 2.852833, "fair_value": 3.698623, "relative_strength": 13.843715, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.42956, "energy": 13.713017, "activity_lines": [ 2.868, 2.898182, 2.916667, 2.8942 ] }, { "date": "2023-11-03", "close": 2.86, "volume": 73471827, "typical_volume": 86591996.5, "trend": 2.857141, "fair_value": 3.692507, "relative_strength": 11.205983, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.943366, "energy": 13.72031, "activity_lines": [ 2.859333, 2.887455, 2.912619, 2.894662 ] }, { "date": "2023-11-10", "close": 2.79, "volume": 93374069, "typical_volume": 88307970.6, "trend": 2.860106, "fair_value": 3.685191, "relative_strength": 6.90458, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.826608, "energy": 24.794826, "activity_lines": [ 2.835333, 2.867091, 2.901857, 2.89033 ] }, { "date": "2023-11-17", "close": 2.9, "volume": 99078229, "typical_volume": 91599562.05, "trend": 2.865748, "fair_value": 3.679215, "relative_strength": 10.778313, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.081136, "energy": 9.171966, "activity_lines": [ 2.856, 2.868909, 2.901667, 2.892904 ] }, { "date": "2023-11-24", "close": 2.92, "volume": 72146330, "typical_volume": 91748362.35, "trend": 2.875355, "fair_value": 3.673657, "relative_strength": 12.858461, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.225459, "energy": 5.21294, "activity_lines": [ 2.879333, 2.874909, 2.902714, 2.896404 ] }, { "date": "2023-12-01", "close": 2.85, "volume": 77158764, "typical_volume": 92842740.9, "trend": 2.881638, "fair_value": 3.66632, "relative_strength": 11.289737, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.218257, "energy": 3.371015, "activity_lines": [ 2.871333, 2.867091, 2.896429, 2.894768 ] }, { "date": "2023-12-08", "close": 2.78, "volume": 126075378, "typical_volume": 96549286.2, "trend": 2.881302, "fair_value": 3.656859, "relative_strength": 10.379012, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.547947, "energy": 14.002164, "activity_lines": [ 2.843333, 2.849818, 2.883429, 2.888211 ] }, { "date": "2023-12-15", "close": 2.69, "volume": 110836240, "typical_volume": 99799158.15, "trend": 2.874667, "fair_value": 3.645896, "relative_strength": 8.584281, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.220944, "energy": 43.753453, "activity_lines": [ 2.790667, 2.819818, 2.862095, 2.875869 ] }, { "date": "2023-12-22", "close": 2.57, "volume": 85728353, "typical_volume": 96439188.4, "trend": 2.86766, "fair_value": 3.633932, "relative_strength": 5.519575, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.689336, "energy": 76.585336, "activity_lines": [ 2.704667, 2.772, 2.830143, 2.856213 ] }, { "date": "2023-12-29", "close": 2.54, "volume": 83654856, "typical_volume": 91876006.45, "trend": 2.860312, "fair_value": 3.622297, "relative_strength": 0.963229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.240367, "energy": 84.281714, "activity_lines": [ 2.630667, 2.723636, 2.797524, 2.835074 ] }, { "date": "2024-01-05", "close": 2.55, "volume": 76267469, "typical_volume": 91132700.8, "trend": 2.85, "fair_value": 3.612054, "relative_strength": 5.768289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.830246, "energy": 85.419038, "activity_lines": [ 2.585333, 2.681818, 2.768571, 2.815054 ] }, { "date": "2024-01-12", "close": 2.52, "volume": 73897684, "typical_volume": 89710044.1, "trend": 2.839, "fair_value": 3.601678, "relative_strength": 5.734649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.3727, "energy": 86.923544, "activity_lines": [ 2.55, 2.640909, 2.738857, 2.793763 ] }, { "date": "2024-01-19", "close": 2.38, "volume": 93134269, "typical_volume": 89368243.8, "trend": 2.824667, "fair_value": 3.591618, "relative_strength": 2.024431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.640568, "energy": 92.886888, "activity_lines": [ 2.485333, 2.580727, 2.698238, 2.764151 ] }, { "date": "2024-01-26", "close": 2.59, "volume": 158705359, "typical_volume": 90712227.2, "trend": 2.819, "fair_value": 3.583539, "relative_strength": 10.821758, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.893652, "energy": 58.45489, "activity_lines": [ 2.511333, 2.566182, 2.680143, 2.749011 ] }, { "date": "2024-02-02", "close": 2.25, "volume": 656339763, "typical_volume": 116125842.15, "trend": 2.801333, "fair_value": 3.573744, "relative_strength": 4.399438, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.393248, "energy": 61.65185, "activity_lines": [ 2.422667, 2.495455, 2.631286, 2.712301 ] }, { "date": "2024-02-09", "close": 2.15, "volume": 251528124, "typical_volume": 123017396.7, "trend": 2.778333, "fair_value": 3.563943, "relative_strength": -8.917329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.991663, "energy": 64.401042, "activity_lines": [ 2.32, 2.418727, 2.57581, 2.67028 ] }, { "date": "2024-02-23", "close": 2.74, "volume": 229567279, "typical_volume": 130097066.0, "trend": 2.775333, "fair_value": 3.55804, "relative_strength": 12.39435, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.496916, "energy": 36.840528, "activity_lines": [ 2.440667, 2.462, 2.580714, 2.667806 ] }, { "date": "2024-03-01", "close": 2.64, "volume": 754423894, "typical_volume": 165060920.75, "trend": 2.768, "fair_value": 3.551959, "relative_strength": 3.845999, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.379147, "energy": 27.124186, "activity_lines": [ 2.513333, 2.487818, 2.577238, 2.659075 ] }, { "date": "2024-03-08", "close": 2.44, "volume": 273256981, "typical_volume": 175346524.5, "trend": 2.748333, "fair_value": 3.544017, "relative_strength": -3.390159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.633993, "energy": 21.721413, "activity_lines": [ 2.502, 2.478182, 2.556, 2.637914 ] }, { "date": "2024-03-15", "close": 2.44, "volume": 199317433, "typical_volume": 182486377.55, "trend": 2.726, "fair_value": 3.536191, "relative_strength": -5.81168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.536508, "energy": 21.711428, "activity_lines": [ 2.500667, 2.470909, 2.536667, 2.618022 ] }, { "date": "2024-03-22", "close": 2.37, "volume": 150308422, "typical_volume": 186913536.15, "trend": 2.705333, "fair_value": 3.526413, "relative_strength": -7.997426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.612266, "energy": 23.949701, "activity_lines": [ 2.463333, 2.452727, 2.512381, 2.595054 ] }, { "date": "2024-03-29", "close": 2.35, "volume": 103571567, "typical_volume": 188418523.15, "trend": 2.682667, "fair_value": 3.516334, "relative_strength": -7.116968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.744305, "energy": 33.764598, "activity_lines": [ 2.404667, 2.434182, 2.488714, 2.572129 ] }, { "date": "2024-04-05", "close": 2.41, "volume": 78392650, "typical_volume": 187669452.2, "trend": 2.666, "fair_value": 3.505368, "relative_strength": -6.260978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.717417, "energy": 32.284944, "activity_lines": [ 2.392, 2.429636, 2.47319, 2.554538 ] }, { "date": "2024-04-12", "close": 2.35, "volume": 118865425, "typical_volume": 188658812.0, "trend": 2.646667, "fair_value": 3.49211, "relative_strength": -5.606216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.242163, "energy": 35.148187, "activity_lines": [ 2.374667, 2.413636, 2.453762, 2.534151 ] }, { "date": "2024-04-19", "close": 2.32, "volume": 144689659, "typical_volume": 192285978.45, "trend": 2.628667, "fair_value": 3.479122, "relative_strength": -7.486094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.349092, "energy": 34.613516, "activity_lines": [ 2.353333, 2.396545, 2.434095, 2.513075 ] }, { "date": "2024-04-26", "close": 2.31, "volume": 91954787, "typical_volume": 193025779.6, "trend": 2.604667, "fair_value": 3.466821, "relative_strength": -9.761519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.415554, "energy": 31.261905, "activity_lines": [ 2.336667, 2.376364, 2.416333, 2.492516 ] }, { "date": "2024-05-03", "close": 2.19, "volume": 86646236, "typical_volume": 191054322.5, "trend": 2.578333, "fair_value": 3.451959, "relative_strength": -15.540221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.894639, "energy": 44.128359, "activity_lines": [ 2.284, 2.331455, 2.389714, 2.465763 ] }, { "date": "2024-05-10", "close": 2.19, "volume": 89432446, "typical_volume": 189984132.8, "trend": 2.554333, "fair_value": 3.434612, "relative_strength": -16.733776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.744185, "energy": 58.217497, "activity_lines": [ 2.242, 2.296545, 2.365905, 2.44071 ] }, { "date": "2024-05-17", "close": 2.22, "volume": 122333604, "typical_volume": 191814395.35, "trend": 2.533667, "fair_value": 3.418035, "relative_strength": -15.277469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.760958, "energy": 60.581485, "activity_lines": [ 2.224667, 2.275273, 2.347333, 2.41914 ] }, { "date": "2024-05-24", "close": 2.13, "volume": 97902539, "typical_volume": 192526779.5, "trend": 2.511333, "fair_value": 3.400534, "relative_strength": -16.037009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.970207, "energy": 74.288302, "activity_lines": [ 2.186, 2.241636, 2.321857, 2.393097 ] }, { "date": "2024-05-31", "close": 2.09, "volume": 62329833, "typical_volume": 191829897.7, "trend": 2.484333, "fair_value": 3.385089, "relative_strength": -16.921049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.758308, "energy": 83.467081, "activity_lines": [ 2.146667, 2.206364, 2.294524, 2.365914 ] }, { "date": "2024-06-07", "close": 1.95, "volume": 90175186, "typical_volume": 192643772.8, "trend": 2.454, "fair_value": 3.365799, "relative_strength": -21.337367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.771612, "energy": 91.79095, "activity_lines": [ 2.075333, 2.150727, 2.256048, 2.331441 ] }, { "date": "2024-06-14", "close": 1.89, "volume": 49875446, "typical_volume": 190480831.65, "trend": 2.424, "fair_value": 3.346875, "relative_strength": -23.423161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.307106, "energy": 94.333891, "activity_lines": [ 2.0, 2.091455, 2.214571, 2.295054 ] }, { "date": "2024-06-21", "close": 1.77, "volume": 61455548, "typical_volume": 185618341.1, "trend": 2.386333, "fair_value": 3.329668, "relative_strength": -26.437784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.315104, "energy": 96.124129, "activity_lines": [ 1.904667, 2.019818, 2.164, 2.25286 ] }, { "date": "2024-06-28", "close": 1.69, "volume": 90103783, "typical_volume": 157306542.1, "trend": 2.345333, "fair_value": 3.311659, "relative_strength": -27.745788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.713844, "energy": 96.361687, "activity_lines": [ 1.812667, 1.944182, 2.109714, 2.207935 ] }, { "date": "2024-07-05", "close": 1.75, "volume": 75541002, "typical_volume": 148507186.0, "trend": 2.308667, "fair_value": 3.292531, "relative_strength": -23.594156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.825444, "energy": 90.202345, "activity_lines": [ 1.77, 1.890909, 2.06381, 2.169527 ] }, { "date": "2024-07-12", "close": 1.72, "volume": 49199853, "typical_volume": 139488814.7, "trend": 2.273333, "fair_value": 3.271962, "relative_strength": -25.935689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.797338, "energy": 89.0879, "activity_lines": [ 1.74, 1.842364, 2.016952, 2.131548 ] }, { "date": "2024-07-19", "close": 1.69, "volume": 39650641, "typical_volume": 103750152.05, "trend": 2.24, "fair_value": 3.252101, "relative_strength": -27.250508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.196113, "energy": 86.795942, "activity_lines": [ 1.715333, 1.796909, 1.972095, 2.093914 ] }, { "date": "2024-07-26", "close": 1.66, "volume": 45211681, "typical_volume": 92347887.05, "trend": 2.209667, "fair_value": 3.23433, "relative_strength": -25.656521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.835152, "energy": 70.576819, "activity_lines": [ 1.694, 1.755091, 1.928905, 2.056495 ] }, { "date": "2024-08-02", "close": 1.73, "volume": 46573118, "typical_volume": 84710671.3, "trend": 2.182667, "fair_value": 3.21893, "relative_strength": -21.765494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.579481, "energy": 66.530346, "activity_lines": [ 1.703333, 1.736182, 1.896095, 2.025548 ] }, { "date": "2024-08-09", "close": 1.73, "volume": 48457900, "typical_volume": 79618145.2, "trend": 2.155333, "fair_value": 3.202629, "relative_strength": -19.877128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.433956, "energy": 64.222449, "activity_lines": [ 1.71, 1.724545, 1.866667, 1.996344 ] }, { "date": "2024-08-16", "close": 1.71, "volume": 124988646, "typical_volume": 80688999.15, "trend": 2.128333, "fair_value": 3.185239, "relative_strength": -19.957178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.114757, "energy": 60.831462, "activity_lines": [ 1.711333, 1.715818, 1.838381, 1.967613 ] }, { "date": "2024-08-23", "close": 1.64, "volume": 34027844, "typical_volume": 78470758.85, "trend": 2.103667, "fair_value": 3.166919, "relative_strength": -21.206828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.704285, "energy": 62.699464, "activity_lines": [ 1.69, 1.698727, 1.806476, 1.936108 ] }, { "date": "2024-08-30", "close": 1.67, "volume": 33139922, "typical_volume": 74184483.7, "trend": 2.073, "fair_value": 3.148852, "relative_strength": -20.82952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.58907, "energy": 58.475527, "activity_lines": [ 1.682, 1.691636, 1.781095, 1.908129 ] }, { "date": "2024-09-06", "close": 1.63, "volume": 28400777, "typical_volume": 68370039.6, "trend": 2.052333, "fair_value": 3.132391, "relative_strength": -20.129177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.564117, "energy": 64.371073, "activity_lines": [ 1.66, 1.679091, 1.755143, 1.879548 ] }, { "date": "2024-09-13", "close": 1.87, "volume": 138991664, "typical_volume": 70721883.45, "trend": 2.043, "fair_value": 3.114284, "relative_strength": -6.350839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.232643, "energy": 40.598542, "activity_lines": [ 1.724667, 1.711273, 1.755333, 1.867785 ] }, { "date": "2024-09-20", "close": 1.77, "volume": 149125001, "typical_volume": 73845821.7, "trend": 2.010667, "fair_value": 3.095176, "relative_strength": -11.965066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.147261, "energy": 29.496132, "activity_lines": [ 1.746667, 1.723091, 1.748095, 1.850172 ] }, { "date": "2024-09-27", "close": 2.87, "volume": 266732782, "typical_volume": 82710838.5, "trend": 2.018333, "fair_value": 3.081317, "relative_strength": 21.119009, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.786267, "energy": 51.887243, "activity_lines": [ 2.131333, 1.934, 1.847619, 1.905613 ] }, { "date": "2024-10-04", "close": 3.16, "volume": 365413130, "typical_volume": 94864814.8, "trend": 2.042333, "fair_value": 3.067816, "relative_strength": 20.435784, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.638221, "energy": 80.666964, "activity_lines": [ 2.530667, 2.176182, 1.971524, 1.979269 ] }, { "date": "2024-10-11", "close": 2.57, "volume": 837750455, "typical_volume": 131857210.6, "trend": 2.046667, "fair_value": 3.045126, "relative_strength": 2.77261, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.034941, "energy": 76.740302, "activity_lines": [ 2.634, 2.283818, 2.034762, 2.013312 ] }, { "date": "2024-10-18", "close": 2.72, "volume": 766688944, "typical_volume": 167075166.15, "trend": 2.058333, "fair_value": 3.026041, "relative_strength": 5.812076, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.306986, "energy": 77.135177, "activity_lines": [ 2.724667, 2.403455, 2.11019, 2.056753 ] }, { "date": "2024-10-25", "close": 2.74, "volume": 672834832, "typical_volume": 196208148.45, "trend": 2.071333, "fair_value": 3.007805, "relative_strength": 4.237901, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.271297, "energy": 79.961613, "activity_lines": [ 2.765333, 2.508727, 2.184524, 2.100731 ] }, { "date": "2024-11-01", "close": 2.91, "volume": 790189127, "typical_volume": 233223832.5, "trend": 2.088, "fair_value": 2.994804, "relative_strength": 12.60706, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.368288, "energy": 60.499131, "activity_lines": [ 2.798, 2.626182, 2.271286, 2.154839 ] }, { "date": "2024-11-08", "close": 3.01, "volume": 594550001, "typical_volume": 259878555.15, "trend": 2.11, "fair_value": 2.982383, "relative_strength": 9.282133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.288656, "energy": 58.604498, "activity_lines": [ 2.861333, 2.738727, 2.362714, 2.214323 ] }, { "date": "2024-11-15", "close": 2.66, "volume": 332090413, "typical_volume": 271977886.65, "trend": 2.121333, "fair_value": 2.969701, "relative_strength": 0.534881, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.769734, "energy": 48.709202, "activity_lines": [ 2.818, 2.763273, 2.414905, 2.249806 ] }, { "date": "2024-11-22", "close": 2.72, "volume": 536100690, "typical_volume": 295005871.05, "trend": 2.135, "fair_value": 2.958545, "relative_strength": 6.106863, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.468632, "energy": 42.608476, "activity_lines": [ 2.788667, 2.78, 2.46819, 2.28843 ] }, { "date": "2024-11-29", "close": 2.7, "volume": 213124337, "typical_volume": 303202095.25, "trend": 2.152, "fair_value": 2.949243, "relative_strength": 3.954122, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.680452, "energy": 33.554556, "activity_lines": [ 2.752667, 2.777636, 2.514952, 2.324882 ] }, { "date": "2024-12-06", "close": 3.48, "volume": 747898504, "typical_volume": 338614488.4, "trend": 2.195, "fair_value": 2.947163, "relative_strength": 31.452651, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.808763, "energy": 47.931028, "activity_lines": [ 2.979333, 2.900182, 2.631333, 2.410559 ] }, { "date": "2024-12-13", "close": 3.68, "volume": 1772102464, "typical_volume": 424959027.55, "trend": 2.243667, "fair_value": 2.946906, "relative_strength": 39.448807, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.16578, "energy": 54.928351, "activity_lines": [ 3.234667, 3.048, 2.758238, 2.506366 ] }, { "date": "2024-12-20", "close": 3.26, "volume": 880724390, "typical_volume": 466666591.15, "trend": 2.281333, "fair_value": 2.943176, "relative_strength": 24.114732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.111932, "energy": 53.409767, "activity_lines": [ 3.305333, 3.11, 2.835524, 2.571935 ] }, { "date": "2024-12-27", "close": 2.9, "volume": 444845051, "typical_volume": 486485948.7, "trend": 2.308333, "fair_value": 2.936718, "relative_strength": 10.327681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.861903, "energy": 53.737236, "activity_lines": [ 3.216, 3.094, 2.871238, 2.611849 ] }, { "date": "2025-01-03", "close": 2.54, "volume": 260368107, "typical_volume": 493254921.75, "trend": 2.328, "fair_value": 2.927771, "relative_strength": 4.161639, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.083188, "energy": 27.292006, "activity_lines": [ 2.994667, 3.009273, 2.867095, 2.626796 ] }, { "date": "2025-01-10", "close": 2.49, "volume": 295934517, "typical_volume": 506350255.4, "trend": 2.348, "fair_value": 2.918445, "relative_strength": 3.371856, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.342366, "energy": 18.391662, "activity_lines": [ 2.767333, 2.919091, 2.854238, 2.637247 ] }, { "date": "2025-01-17", "close": 2.62, "volume": 255313981, "typical_volume": 517458958.35, "trend": 2.376333, "fair_value": 2.90929, "relative_strength": 5.040676, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.743057, "energy": 22.749846, "activity_lines": [ 2.649333, 2.860182, 2.849714, 2.654796 ] }, { "date": "2025-01-24", "close": 2.48, "volume": 229564970, "typical_volume": 527517168.0, "trend": 2.402667, "fair_value": 2.897797, "relative_strength": -1.611077, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -1.782985, "energy": 21.014515, "activity_lines": [ 2.555333, 2.782909, 2.827333, 2.661484 ] }, { "date": "2025-01-31", "close": 2.51, "volume": 69850112, "typical_volume": 524060090.4, "trend": 2.428, "fair_value": 2.885355, "relative_strength": 1.304403, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.846096, "energy": 19.669143, "activity_lines": [ 2.523333, 2.714364, 2.803762, 2.668409 ] }, { "date": "2025-02-07", "close": 2.66, "volume": 177606163, "typical_volume": 525484148.5, "trend": 2.459333, "fair_value": 2.873273, "relative_strength": 3.322025, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.995086, "energy": 14.514429, "activity_lines": [ 2.567333, 2.676909, 2.791429, 2.683376 ] }, { "date": "2025-02-14", "close": 2.72, "volume": 346051737, "typical_volume": 529450096.25, "trend": 2.493667, "fair_value": 2.862958, "relative_strength": 3.871502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.361801, "energy": 10.792139, "activity_lines": [ 2.623333, 2.651091, 2.780571, 2.700194 ] }, { "date": "2025-02-21", "close": 2.71, "volume": 241206916, "typical_volume": 523239785.55, "trend": 2.528667, "fair_value": 2.852279, "relative_strength": 1.65776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.893421, "energy": 10.587928, "activity_lines": [ 2.660667, 2.637273, 2.769476, 2.714151 ] }, { "date": "2025-02-28", "close": 2.93, "volume": 594366686, "typical_volume": 511070597.1, "trend": 2.568667, "fair_value": 2.844571, "relative_strength": 13.881134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.781893, "energy": 20.152808, "activity_lines": [ 2.765333, 2.681091, 2.781476, 2.740043 ] }, { "date": "2025-03-07", "close": 3.04, "volume": 422080335, "typical_volume": 493840166.65, "trend": 2.612333, "fair_value": 2.835226, "relative_strength": 15.440916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.337905, "energy": 30.05483, "activity_lines": [ 2.876667, 2.750909, 2.802238, 2.770452 ] }, { "date": "2025-03-14", "close": 2.93, "volume": 221391460, "typical_volume": 471267998.05, "trend": 2.653, "fair_value": 2.824575, "relative_strength": 9.786387, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.171571, "energy": 32.965881, "activity_lines": [ 2.916, 2.798182, 2.811, 2.790946 ] }, { "date": "2025-03-21", "close": 2.86, "volume": 190991825, "typical_volume": 441308132.95, "trend": 2.693667, "fair_value": 2.814556, "relative_strength": 9.906367, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.542871, "energy": 39.551657, "activity_lines": [ 2.914, 2.825636, 2.81219, 2.804301 ] }, { "date": "2025-03-28", "close": 2.82, "volume": 228731585, "typical_volume": 423017212.15, "trend": 2.732, "fair_value": 2.803561, "relative_strength": 9.052028, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.355655, "energy": 31.021813, "activity_lines": [ 2.889333, 2.839091, 2.80981, 2.812452 ] }, { "date": "2025-04-04", "close": 2.69, "volume": 82691441, "typical_volume": 410547263.55, "trend": 2.767333, "fair_value": 2.793233, "relative_strength": 6.390499, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.717491, "energy": 6.794552, "activity_lines": [ 2.814, 2.825273, 2.795952, 2.809742 ] }, { "date": "2025-04-11", "close": 2.4, "volume": 196561694, "typical_volume": 393570313.75, "trend": 2.785, "fair_value": 2.782909, "relative_strength": 0.132626, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.167221, "energy": 28.838712, "activity_lines": [ 2.658, 2.754909, 2.754333, 2.786043 ] }, { "date": "2025-04-18", "close": 2.42, "volume": 105541229, "typical_volume": 388191158.35, "trend": 2.806667, "fair_value": 2.772593, "relative_strength": 1.532898, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.27912, "energy": 63.163428, "activity_lines": [ 2.551333, 2.690182, 2.716143, 2.762495 ] }, { "date": "2025-04-25", "close": 2.45, "volume": 117216751, "typical_volume": 356657070.7, "trend": 2.792667, "fair_value": 2.761628, "relative_strength": 1.364327, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.806415, "energy": 71.183182, "activity_lines": [ 2.488667, 2.635273, 2.682143, 2.739484 ] }, { "date": "2025-05-02", "close": 2.46, "volume": 102192652, "typical_volume": 273161580.1, "trend": 2.769333, "fair_value": 2.748806, "relative_strength": 1.794188, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.169458, "energy": 71.020767, "activity_lines": [ 2.456667, 2.587091, 2.654, 2.718022 ] }, { "date": "2025-05-09", "close": 2.55, "volume": 93040102, "typical_volume": 233777365.7, "trend": 2.768667, "fair_value": 2.737521, "relative_strength": 2.936009, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.181089, "energy": 61.936256, "activity_lines": [ 2.478667, 2.559818, 2.640238, 2.703871 ] }, { "date": "2025-05-16", "close": 2.57, "volume": 108351701, "typical_volume": 216952698.2, "trend": 2.763667, "fair_value": 2.729848, "relative_strength": 3.012647, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.739186, "energy": 37.689171, "activity_lines": [ 2.516667, 2.543091, 2.631762, 2.691054 ] }, { "date": "2025-05-23", "close": 2.54, "volume": 89772301, "typical_volume": 208422907.9, "trend": 2.757, "fair_value": 2.723905, "relative_strength": 2.086659, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.554469, "energy": 27.325488, "activity_lines": [ 2.533333, 2.529455, 2.622, 2.676624 ] }, { "date": "2025-05-30", "close": 2.5, "volume": 86383267, "typical_volume": 197945345.4, "trend": 2.743333, "fair_value": 2.719087, "relative_strength": 1.192982, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.050988, "energy": 26.308117, "activity_lines": [ 2.528667, 2.515636, 2.608429, 2.660043 ] }, { "date": "2025-06-06", "close": 2.45, "volume": 97264991, "typical_volume": 190042895.9, "trend": 2.724667, "fair_value": 2.713829, "relative_strength": -2.452052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.384303, "energy": 31.028357, "activity_lines": [ 2.504, 2.499273, 2.590048, 2.641118 ] }, { "date": "2025-06-13", "close": 2.41, "volume": 118845188, "typical_volume": 184506906.8, "trend": 2.716333, "fair_value": 2.707954, "relative_strength": -3.714714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.736119, "energy": 46.445303, "activity_lines": [ 2.466667, 2.482364, 2.568667, 2.620817 ] }, { "date": "2025-06-20", "close": 2.35, "volume": 76257120, "typical_volume": 184827257.2, "trend": 2.704, "fair_value": 2.701454, "relative_strength": -5.304959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.801062, "energy": 64.074892, "activity_lines": [ 2.418667, 2.459636, 2.541905, 2.597183 ] }, { "date": "2025-06-27", "close": 2.43, "volume": 115480615, "typical_volume": 181720979.8, "trend": 2.695, "fair_value": 2.694205, "relative_strength": -5.920078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.511532, "energy": 58.328702, "activity_lines": [ 2.412, 2.452364, 2.523524, 2.579505 ] }, { "date": "2025-07-04", "close": 2.6, "volume": 272030642, "typical_volume": 178019925.05, "trend": 2.665667, "fair_value": 2.688287, "relative_strength": -0.938956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.931087, "energy": 31.574704, "activity_lines": [ 2.469333, 2.475818, 2.522429, 2.573376 ] }, { "date": "2025-07-11", "close": 2.75, "volume": 218546397, "typical_volume": 176886899.1, "trend": 2.634667, "fair_value": 2.68345, "relative_strength": 2.44527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.647818, "energy": 9.172053, "activity_lines": [ 2.57, 2.523818, 2.53619, 2.578817 ] }, { "date": "2025-07-18", "close": 2.93, "volume": 333239602, "typical_volume": 163830544.9, "trend": 2.623667, "fair_value": 2.679653, "relative_strength": 6.332314, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.586927, "energy": 42.694777, "activity_lines": [ 2.710667, 2.599273, 2.566905, 2.597871 ] }, { "date": "2025-07-25", "close": 3.04, "volume": 345156598, "typical_volume": 159984358.05, "trend": 2.628333, "fair_value": 2.676942, "relative_strength": 7.166419, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.513074, "energy": 69.223084, "activity_lines": [ 2.853333, 2.687818, 2.608095, 2.624731 ] }, { "date": "2025-08-01", "close": 3.0, "volume": 311791844, "typical_volume": 164504377.25, "trend": 2.643667, "fair_value": 2.674229, "relative_strength": 6.885619, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.652773, "energy": 81.76991, "activity_lines": [ 2.936667, 2.760545, 2.645476, 2.64871 ] }, { "date": "2025-08-08", "close": 2.96, "volume": 218092611, "typical_volume": 165859416.55, "trend": 2.659333, "fair_value": 2.672717, "relative_strength": 3.691351, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.897292, "energy": 82.234735, "activity_lines": [ 2.968667, 2.817636, 2.678714, 2.669118 ] }, { "date": "2025-08-15", "close": 2.86, "volume": 150463333, "typical_volume": 161946003.95, "trend": 2.667333, "fair_value": 2.669614, "relative_strength": -4.462823, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.161742, "energy": 72.830312, "activity_lines": [ 2.943333, 2.848182, 2.701952, 2.682065 ] }, { "date": "2025-08-22", "close": 2.84, "volume": 195174047, "typical_volume": 167570134.25, "trend": 2.679333, "fair_value": 2.666191, "relative_strength": -9.497791, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.685288, "energy": 47.315854, "activity_lines": [ 2.904, 2.867636, 2.723095, 2.693204 ] }, { "date": "2025-08-29", "close": 2.81, "volume": 256707619, "typical_volume": 170577430.5, "trend": 2.689333, "fair_value": 2.662704, "relative_strength": -14.328532, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.987082, "energy": 30.967746, "activity_lines": [ 2.860667, 2.873818, 2.740667, 2.701634 ] }, { "date": "2025-09-05", "close": 2.79, "volume": 192699618, "typical_volume": 174935349.95, "trend": 2.693667, "fair_value": 2.659025, "relative_strength": -14.359572, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.979203, "energy": 21.625505, "activity_lines": [ 2.826, 2.868, 2.754381, 2.708129 ] }, { "date": "2025-09-12", "close": 2.94, "volume": 247485827, "typical_volume": 181448803.75, "trend": 2.701, "fair_value": 2.656688, "relative_strength": -12.040327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.778499, "energy": 25.903795, "activity_lines": [ 2.855333, 2.882909, 2.780619, 2.724022 ] }, { "date": "2025-09-19", "close": 2.82, "volume": 297021104, "typical_volume": 191190226.35, "trend": 2.704667, "fair_value": 2.653898, "relative_strength": -16.55626, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.880014, "energy": 20.872021, "activity_lines": [ 2.846, 2.869818, 2.793095, 2.731699 ] }, { "date": "2025-09-26", "close": 2.67, "volume": 171745438, "typical_volume": 195125493.15, "trend": 2.696, "fair_value": 2.650021, "relative_strength": -21.238114, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.584263, "energy": 14.002146, "activity_lines": [ 2.789333, 2.828182, 2.789571, 2.729462 ] }, { "date": "2025-10-03", "close": 2.72, "volume": 56603050, "typical_volume": 192538060.6, "trend": 2.685333, "fair_value": 2.645956, "relative_strength": -21.060896, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.765305, "energy": 14.615849, "activity_lines": [ 2.760667, 2.800364, 2.790238, 2.731011 ] }, { "date": "2025-10-10", "close": 2.83, "volume": 92082906, "typical_volume": 192653590.85, "trend": 2.682, "fair_value": 2.643802, "relative_strength": -16.541977, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.830082, "energy": 15.207915, "activity_lines": [ 2.774667, 2.798364, 2.800667, 2.740344 ] }, { "date": "2025-10-17", "close": 2.73, "volume": 190275148, "typical_volume": 197848184.9, "trend": 2.677667, "fair_value": 2.641387, "relative_strength": -14.956635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.173247, "energy": 13.358663, "activity_lines": [ 2.752667, 2.781273, 2.80019, 2.743441 ] }, { "date": "2025-10-24", "close": 2.75, "volume": 184073686, "typical_volume": 202188619.65, "trend": 2.675333, "fair_value": 2.639988, "relative_strength": -17.88415, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.674232, "energy": 9.897959, "activity_lines": [ 2.751333, 2.772, 2.800524, 2.748108 ] }, { "date": "2025-10-31", "close": 2.68, "volume": 207833506, "typical_volume": 206638035.55, "trend": 2.675, "fair_value": 2.637697, "relative_strength": -20.030954, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.00533, "energy": 7.91712, "activity_lines": [ 2.731333, 2.752, 2.792762, 2.748409 ] }, { "date": "2025-11-07", "close": 2.8, "volume": 177587973, "typical_volume": 211704578.2, "trend": 2.688333, "fair_value": 2.636365, "relative_strength": -16.22046, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.674253, "energy": 9.844462, "activity_lines": [ 2.750667, 2.756727, 2.795143, 2.756473 ] }, { "date": "2025-11-14", "close": 2.87, "volume": 172522592, "typical_volume": 214556677.05, "trend": 2.703333, "fair_value": 2.638019, "relative_strength": -12.700158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.354278, "energy": 18.374433, "activity_lines": [ 2.788, 2.774364, 2.802048, 2.768194 ] }, { "date": "2025-11-21", "close": 2.55, "volume": 203495102, "typical_volume": 211129900.05, "trend": 2.706667, "fair_value": 2.636416, "relative_strength": -17.876701, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.965175, "energy": 12.01421, "activity_lines": [ 2.716, 2.732364, 2.776381, 2.758301 ] }, { "date": "2025-11-28", "close": 2.58, "volume": 118742704, "typical_volume": 206139715.4, "trend": 2.710667, "fair_value": 2.634118, "relative_strength": -19.415972, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.779855, "energy": 26.915505, "activity_lines": [ 2.666, 2.702909, 2.75381, 2.750129 ] }, { "date": "2025-12-05", "close": 2.6, "volume": 107000689, "typical_volume": 194827769.75, "trend": 2.712333, "fair_value": 2.631631, "relative_strength": -19.014002, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.64921, "energy": 42.890816, "activity_lines": [ 2.634, 2.681455, 2.733952, 2.742989 ] }, { "date": "2025-12-12", "close": 2.49, "volume": 119305073, "typical_volume": 183535193.5, "trend": 2.709667, "fair_value": 2.627868, "relative_strength": -22.132801, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.443713, "energy": 60.862677, "activity_lines": [ 2.570667, 2.641273, 2.70519, 2.728645 ] }, { "date": "2025-12-19", "close": 2.63, "volume": 133172701, "typical_volume": 174604236.35, "trend": 2.712667, "fair_value": 2.625383, "relative_strength": -16.307716, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.171429, "energy": 51.558343, "activity_lines": [ 2.574667, 2.630727, 2.692381, 2.723505 ] }, { "date": "2025-12-26", "close": 2.62, "volume": 111582987, "typical_volume": 169278755.15, "trend": 2.716667, "fair_value": 2.622263, "relative_strength": -18.949848, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.191583, "energy": 40.20101, "activity_lines": [ 2.591333, 2.622, 2.680381, 2.717527 ] }, { "date": "2026-01-02", "close": 2.59, "volume": 74644810, "typical_volume": 165487829.0, "trend": 2.721333, "fair_value": 2.619585, "relative_strength": -18.983551, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.717932, "energy": 40.409405, "activity_lines": [ 2.593333, 2.609818, 2.667143, 2.709355 ] }, { "date": "2026-01-09", "close": 2.61, "volume": 153856645, "typical_volume": 163421958.9, "trend": 2.728, "fair_value": 2.61805, "relative_strength": -21.355259, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.152331, "energy": 27.638222, "activity_lines": [ 2.601333, 2.604182, 2.657095, 2.702172 ] }, { "date": "2026-01-16", "close": 2.53, "volume": 179753721, "typical_volume": 159574264.0, "trend": 2.734, "fair_value": 2.616192, "relative_strength": -24.123988, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.784064, "energy": 33.503381, "activity_lines": [ 2.582, 2.585273, 2.640524, 2.689398 ] }, { "date": "2026-01-23", "close": 2.75, "volume": 177538865, "typical_volume": 158816226.35, "trend": 2.744667, "fair_value": 2.616189, "relative_strength": -18.091136, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.1362, "energy": 14.756808, "activity_lines": [ 2.633333, 2.611273, 2.646238, 2.69043 ] }, { "date": "2026-01-30", "close": 2.63, "volume": 218626216, "typical_volume": 157373245.8, "trend": 2.745667, "fair_value": 2.61586, "relative_strength": -19.965809, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.223708, "energy": 14.983025, "activity_lines": [ 2.636667, 2.617636, 2.640714, 2.683032 ] }, { "date": "2026-02-06", "close": 2.57, "volume": 206216114, "typical_volume": 152832996.3, "trend": 2.739667, "fair_value": 2.614132, "relative_strength": -19.663737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.511887, "energy": 18.951013, "activity_lines": [ 2.619333, 2.611636, 2.630952, 2.671699 ] }, { "date": "2026-02-13", "close": 2.53, "volume": 154865494, "typical_volume": 151988999.1, "trend": 2.726333, "fair_value": 2.61183, "relative_strength": -21.516257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.785418, "energy": 23.655301, "activity_lines": [ 2.59, 2.598545, 2.618571, 2.658172 ] }, { "date": "2026-02-27", "close": 2.78, "volume": 202192529, "typical_volume": 159268473.05, "trend": 2.717667, "fair_value": 2.611195, "relative_strength": -15.722156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.963557, "energy": 3.461062, "activity_lines": [ 2.649333, 2.632182, 2.630667, 2.661634 ] }, { "date": "2026-03-06", "close": 2.74, "volume": 185884506, "typical_volume": 163958553.05, "trend": 2.709, "fair_value": 2.610303, "relative_strength": -14.446295, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.934935, "energy": 6.456634, "activity_lines": [ 2.678667, 2.653273, 2.638667, 2.663075 ] }, { "date": "2026-03-13", "close": 2.84, "volume": 239186515, "typical_volume": 166404121.4, "trend": 2.705, "fair_value": 2.609291, "relative_strength": -11.380984, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.65541, "energy": 26.670163, "activity_lines": [ 2.742, 2.690545, 2.656619, 2.671527 ] }, { "date": "2026-03-20", "close": 2.54, "volume": 610650014, "typical_volume": 187732937.8, "trend": 2.694333, "fair_value": 2.605975, "relative_strength": -17.782651, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.15421, "energy": 18.025529, "activity_lines": [ 2.691333, 2.669273, 2.645476, 2.660882 ] }, { "date": "2026-03-27", "close": 2.53, "volume": 245646044, "typical_volume": 189623564.7, "trend": 2.684, "fair_value": 2.603293, "relative_strength": -16.875684, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.808937, "energy": 14.378826, "activity_lines": [ 2.639333, 2.647091, 2.634381, 2.65028 ] }, { "date": "2026-04-03", "close": 2.38, "volume": 136128421, "typical_volume": 187550587.1, "trend": 2.669667, "fair_value": 2.59984, "relative_strength": -18.799267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.15385, "energy": 42.750489, "activity_lines": [ 2.537333, 2.599091, 2.609714, 2.630667 ] }, { "date": "2026-04-10", "close": 2.44, "volume": 84422251, "typical_volume": 183145570.05, "trend": 2.658, "fair_value": 2.597532, "relative_strength": -21.706771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.649672, "energy": 48.296664, "activity_lines": [ 2.482, 2.564727, 2.592762, 2.615849 ] }, { "date": "2026-04-17", "close": 2.43, "volume": 82900854, "typical_volume": 177115857.65, "trend": 2.641, "fair_value": 2.595604, "relative_strength": -24.505999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.639773, "energy": 60.187666, "activity_lines": [ 2.443333, 2.534182, 2.576905, 2.60114 ] }, { "date": "2026-04-24", "close": 2.43, "volume": 71298555, "typical_volume": 174743650.2, "trend": 2.628, "fair_value": 2.593867, "relative_strength": -24.212058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.358918, "energy": 62.439568, "activity_lines": [ 2.432, 2.507273, 2.561619, 2.587527 ] }, { "date": "2026-05-01", "close": 2.48, "volume": 79243900, "typical_volume": 173355810.75, "trend": 2.621667, "fair_value": 2.592259, "relative_strength": -22.936498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.525503, "energy": 48.300322, "activity_lines": [ 2.444667, 2.492, 2.55181, 2.577978 ] }, { "date": "2026-05-08", "close": 2.49, "volume": 54547633, "typical_volume": 170117938.75, "trend": 2.614, "fair_value": 2.59135, "relative_strength": -24.289043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.154436, "energy": 32.291715, "activity_lines": [ 2.464, 2.479455, 2.543524, 2.569484 ] }, { "date": "2026-05-15", "close": 2.33, "volume": 108966885, "typical_volume": 168907647.95, "trend": 2.597333, "fair_value": 2.589225, "relative_strength": -28.478536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.708245, "energy": 38.833468, "activity_lines": [ 2.422667, 2.443091, 2.52, 2.551161 ] }, { "date": "2026-05-22", "close": 2.25, "volume": 82653779, "typical_volume": 167461187.55, "trend": 2.581333, "fair_value": 2.585763, "relative_strength": -30.401489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.871822, "energy": 52.174266, "activity_lines": [ 2.362, 2.399636, 2.490286, 2.528753 ] }, { "date": "2026-05-29", "close": 2.23, "volume": 90588061, "typical_volume": 168258350.1, "trend": 2.564, "fair_value": 2.581538, "relative_strength": -30.226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.797703, "energy": 68.495153, "activity_lines": [ 2.306667, 2.363273, 2.460429, 2.506086 ] }, { "date": "2026-06-05", "close": 2.18, "volume": 14862700, "typical_volume": 161308652.85, "trend": 2.547333, "fair_value": 2.577691, "relative_strength": -29.930239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.660553, "energy": 78.451805, "activity_lines": [ 2.248, 2.323455, 2.427524, 2.481312 ] }, { "date": "2026-06-12", "close": 2.17, "volume": 25259601, "typical_volume": 153583946.85, "trend": 2.526333, "fair_value": 2.573906, "relative_strength": -27.962556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.585601, "energy": 80.776563, "activity_lines": [ 2.206, 2.288182, 2.395714, 2.456968 ] }, { "date": "2026-06-19", "close": 2.09, "volume": 61293053, "typical_volume": 147771656.25, "trend": 2.500333, "fair_value": 2.568974, "relative_strength": -34.564269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.578004, "energy": 89.124518, "activity_lines": [ 2.158667, 2.242182, 2.358, 2.428817 ] }, { "date": "2026-06-26", "close": 1.96, "volume": 17047401, "typical_volume": 137692715.5, "trend": 2.480667, "fair_value": 2.563269, "relative_strength": -36.995134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.98451, "energy": 94.92166, "activity_lines": [ 2.084, 2.178909, 2.311048, 2.393957 ] }, { "date": "2026-07-03", "close": 2.2, "volume": 27149200, "typical_volume": 128739369.8, "trend": 2.468, "fair_value": 2.559359, "relative_strength": -27.786934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.407245, "energy": 80.19904, "activity_lines": [ 2.108667, 2.167818, 2.290143, 2.375849 ] }, { "date": "2026-07-10", "close": 2.11, "volume": 84798069, "typical_volume": 125235998.55, "trend": 2.451667, "fair_value": 2.555192, "relative_strength": -27.43991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.119587, "energy": 64.097672, "activity_lines": [ 2.105333, 2.144545, 2.262429, 2.352753 ] }, { "date": "2026-07-17", "close": 2.16, "volume": 86291703, "typical_volume": 119440957.25, "trend": 2.440667, "fair_value": 2.551218, "relative_strength": -17.644422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.041468, "energy": 49.773092, "activity_lines": [ 2.123333, 2.137091, 2.241476, 2.333935 ] }, { "date": "2026-07-24", "close": 2.14, "volume": 73667788, "typical_volume": 113830121.35, "trend": 2.424333, "fair_value": 2.546731, "relative_strength": -17.875009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.272568, "energy": 35.154282, "activity_lines": [ 2.135333, 2.132, 2.221571, 2.314538 ] }, { "date": "2026-07-31", "close": 2.25, "volume": 89969831, "typical_volume": 106369287.15, "trend": 2.412, "fair_value": 2.543013, "relative_strength": -11.450154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.047793, "energy": 27.865621, "activity_lines": [ 2.180667, 2.150364, 2.215, 2.30329 ] }, { "date": "2026-08-07", "close": 2.23, "volume": 90531902, "typical_volume": 80363381.55, "trend": 2.4, "fair_value": 2.538974, "relative_strength": -15.712255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.292662, "energy": 19.410145, "activity_lines": [ 2.2, 2.165091, 2.209333, 2.291548 ] } ], "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." } } }