{ "ticker": { "uuid": "b1921557-ba85-4a8e-b987-4d552aca712c", "symbol": "000761", "name": "Bengang Steel Plates 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": -49.153, "architecture_energy": 47.23, "architecture_maturity": 100.0, "architecture_confidence": 63.195, "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": 21.23, "rotation_up": 27.58, "upward_expansion": 20.42, "deceleration": 66.99, "rotation_down": 40.35, "downward_expansion": 68.09 }, "activity_lines": [ 2.279333, 2.265273, 2.408905, 2.621978 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 2.29, "trend_reference": 2.903, "distance_from_trend": -0.211161, "trend_direction": "Weakening", "fair_value": 3.355705, "distance_from_fair_value": -0.31758, "fair_value_direction": "Weakening", "relative_strength": -30.876171, "relative_strength_direction": "Improving", "price_momentum": -0.365651, "excess_performance": -0.373051, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.211161, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.115209, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.31758, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.149878, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.308762, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034552, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.365651, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.482053, "read": "Supply-led" } ], "volume": { "latest": 72141513, "relative_activity": 1.129562, "balance": 0.482053, "dry_up": 1.189379, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.085657, "annualized_volatility": 0.316161, "from_high_reference": -0.420253, "from_low_reference": 0.085308 }, "levels": { "trend_reference": 2.903, "fair_value_reference": 3.355705, "structural_low": 2.11, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": -0.016393, "positive_rate": 0.354839, "directional_follow_through": 0.645161, "median_excess_return": 0.000341, "regime_survival": 0.83871, "best_return": 0.3875, "worst_return": -0.163333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.03794, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.047237, "regime_survival": 0.636364, "best_return": 0.355769, "worst_return": -0.265574, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.09853, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.044306, "regime_survival": 0.333333, "best_return": 0.365385, "worst_return": -0.155108, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.009804, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.054177, "regime_survival": 0.666667, "best_return": 0.067961, "worst_return": -0.218921, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-27", "end": "2023-12-29", "tenure": "Developing", "return": -0.070312, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-05", "end": "2024-09-20", "tenure": "Extended", "return": -0.349593, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-11-08", "tenure": "Developing", "return": 0.112462, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-27", "tenure": "Developing", "return": -0.014881, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": 0.20915, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-11", "tenure": "Developing", "return": -0.133995, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.089385, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": -0.166667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-09-19", "tenure": "Established", "return": -0.00277, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-01-30", "tenure": "Established", "return": 0.043353, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": -0.037736, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.144737, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.089506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.24918, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.19, "volume": 76554925, "typical_volume": 73481723.8, "trend": 3.769333, "fair_value": 3.438678, "relative_strength": 21.265506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.658774, "energy": 27.735282, "activity_lines": [ 4.070667, 4.04, 4.041333, 3.961419 ] }, { "date": "2023-08-04", "close": 4.26, "volume": 75954822, "typical_volume": 70053267.75, "trend": 3.813, "fair_value": 3.448189, "relative_strength": 21.028148, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.677925, "energy": 44.909592, "activity_lines": [ 4.142667, 4.082727, 4.06281, 3.993075 ] }, { "date": "2023-08-11", "close": 3.99, "volume": 51317858, "typical_volume": 64075733.05, "trend": 3.846, "fair_value": 3.456019, "relative_strength": 17.260826, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.330542, "energy": 30.03649, "activity_lines": [ 4.107333, 4.072, 4.058095, 4.004495 ] }, { "date": "2023-08-18", "close": 3.99, "volume": 45500028, "typical_volume": 60846753.45, "trend": 3.880333, "fair_value": 3.463696, "relative_strength": 20.480741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.015951, "energy": 23.972514, "activity_lines": [ 4.074, 4.061636, 4.053238, 4.013785 ] }, { "date": "2023-08-25", "close": 3.89, "volume": 50905997, "typical_volume": 60068588.5, "trend": 3.908, "fair_value": 3.47104, "relative_strength": 20.493507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.51742, "energy": 3.900165, "activity_lines": [ 4.006, 4.032364, 4.03819, 4.014409 ] }, { "date": "2023-09-01", "close": 3.72, "volume": 76803405, "typical_volume": 59976423.1, "trend": 3.928, "fair_value": 3.476781, "relative_strength": 11.019081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.95135, "energy": 25.105411, "activity_lines": [ 3.891333, 3.976, 4.006524, 4.00228 ] }, { "date": "2023-09-08", "close": 3.64, "volume": 79750280, "typical_volume": 59946541.8, "trend": 3.945, "fair_value": 3.482009, "relative_strength": 10.070981, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.31909, "energy": 47.278552, "activity_lines": [ 3.781333, 3.909273, 3.96881, 3.983699 ] }, { "date": "2023-09-15", "close": 3.83, "volume": 61645674, "typical_volume": 59980788.1, "trend": 3.969667, "fair_value": 3.489019, "relative_strength": 16.746684, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.598248, "energy": 50.23928, "activity_lines": [ 3.776, 3.883636, 3.951619, 3.97628 ] }, { "date": "2023-09-22", "close": 3.86, "volume": 78442220, "typical_volume": 61274961.2, "trend": 3.986667, "fair_value": 3.496119, "relative_strength": 16.656455, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.492429, "energy": 58.011671, "activity_lines": [ 3.791333, 3.866909, 3.938286, 3.969204 ] }, { "date": "2023-09-29", "close": 3.86, "volume": 61289841, "typical_volume": 61593727.2, "trend": 3.992, "fair_value": 3.503373, "relative_strength": 16.835297, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.245854, "energy": 40.182591, "activity_lines": [ 3.815333, 3.852182, 3.926714, 3.961032 ] }, { "date": "2023-10-13", "close": 3.95, "volume": 66929202, "typical_volume": 63047247.9, "trend": 3.989333, "fair_value": 3.510896, "relative_strength": 19.393037, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.561961, "energy": 17.066427, "activity_lines": [ 3.871333, 3.857091, 3.924952, 3.958323 ] }, { "date": "2023-10-20", "close": 3.75, "volume": 44579655, "typical_volume": 63116100.0, "trend": 3.975667, "fair_value": 3.517393, "relative_strength": 18.534828, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.819412, "energy": 21.16798, "activity_lines": [ 3.845333, 3.83, 3.904762, 3.942882 ] }, { "date": "2023-10-27", "close": 3.84, "volume": 54465000, "typical_volume": 63756054.6, "trend": 3.971667, "fair_value": 3.524263, "relative_strength": 18.153158, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.588702, "energy": 17.712778, "activity_lines": [ 3.842, 3.828545, 3.894429, 3.934129 ] }, { "date": "2023-11-03", "close": 3.83, "volume": 37982676, "typical_volume": 63604339.85, "trend": 3.971, "fair_value": 3.530965, "relative_strength": 16.160934, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.72896, "energy": 18.230789, "activity_lines": [ 3.834667, 3.828, 3.883952, 3.924989 ] }, { "date": "2023-11-10", "close": 3.79, "volume": 38103454, "typical_volume": 59416024.85, "trend": 3.970667, "fair_value": 3.537411, "relative_strength": 12.813246, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.340658, "energy": 26.750893, "activity_lines": [ 3.816, 3.823091, 3.870238, 3.913312 ] }, { "date": "2023-11-17", "close": 3.86, "volume": 85988110, "typical_volume": 60497836.8, "trend": 3.964333, "fair_value": 3.544716, "relative_strength": 14.069924, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.274481, "energy": 21.490624, "activity_lines": [ 3.825333, 3.832727, 3.864667, 3.906172 ] }, { "date": "2023-11-24", "close": 3.93, "volume": 33618042, "typical_volume": 58712836.35, "trend": 3.957, "fair_value": 3.553342, "relative_strength": 16.995254, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.880514, "energy": 12.163491, "activity_lines": [ 3.864, 3.852545, 3.86619, 3.903957 ] }, { "date": "2023-12-01", "close": 3.93, "volume": 30479180, "typical_volume": 57810965.75, "trend": 3.953333, "fair_value": 3.561917, "relative_strength": 17.567876, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.152623, "energy": 11.144675, "activity_lines": [ 3.890667, 3.867091, 3.868048, 3.902215 ] }, { "date": "2023-12-08", "close": 3.93, "volume": 31989299, "typical_volume": 56752089.05, "trend": 3.943333, "fair_value": 3.570337, "relative_strength": 18.859434, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.513796, "energy": 10.532928, "activity_lines": [ 3.911333, 3.879818, 3.870333, 3.90071 ] }, { "date": "2023-12-15", "close": 3.88, "volume": 32477238, "typical_volume": 55738845.3, "trend": 3.935333, "fair_value": 3.577976, "relative_strength": 18.575212, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.51171, "energy": 11.248141, "activity_lines": [ 3.908667, 3.882182, 3.868048, 3.896624 ] }, { "date": "2023-12-22", "close": 3.79, "volume": 32832470, "typical_volume": 53552722.55, "trend": 3.925667, "fair_value": 3.584935, "relative_strength": 17.033406, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.087514, "energy": 10.448182, "activity_lines": [ 3.87, 3.867818, 3.857952, 3.887247 ] }, { "date": "2023-12-29", "close": 3.57, "volume": 50889926, "typical_volume": 52299477.75, "trend": 3.910667, "fair_value": 3.590483, "relative_strength": 6.175931, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.82391, "energy": 53.561599, "activity_lines": [ 3.762667, 3.816364, 3.82881, 3.864301 ] }, { "date": "2024-01-05", "close": 3.69, "volume": 44332007, "typical_volume": 51950185.2, "trend": 3.9, "fair_value": 3.597417, "relative_strength": 13.858203, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.893918, "energy": 57.645386, "activity_lines": [ 3.719333, 3.79, 3.814381, 3.850065 ] }, { "date": "2024-01-12", "close": 3.53, "volume": 41841397, "typical_volume": 51767253.65, "trend": 3.886, "fair_value": 3.603068, "relative_strength": 9.637393, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.284496, "energy": 74.842008, "activity_lines": [ 3.638667, 3.737273, 3.786143, 3.826194 ] }, { "date": "2024-01-19", "close": 3.27, "volume": 60871914, "typical_volume": 52265549.5, "trend": 3.858333, "fair_value": 3.607515, "relative_strength": 3.379324, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.556092, "energy": 88.39821, "activity_lines": [ 3.498, 3.642727, 3.735333, 3.786452 ] }, { "date": "2024-01-26", "close": 3.43, "volume": 73918122, "typical_volume": 52121285.35, "trend": 3.841, "fair_value": 3.613089, "relative_strength": 7.956942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.682354, "energy": 80.075685, "activity_lines": [ 3.451333, 3.586727, 3.702714, 3.758817 ] }, { "date": "2024-02-02", "close": 3.09, "volume": 80794033, "typical_volume": 52173473.0, "trend": 3.810667, "fair_value": 3.616792, "relative_strength": 5.071622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.788115, "energy": 89.697738, "activity_lines": [ 3.315333, 3.476727, 3.639095, 3.710366 ] }, { "date": "2024-02-09", "close": 3.26, "volume": 118415281, "typical_volume": 55011953.35, "trend": 3.785333, "fair_value": 3.621943, "relative_strength": 0.653043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.917588, "energy": 76.184445, "activity_lines": [ 3.268, 3.412909, 3.594286, 3.674839 ] }, { "date": "2024-02-23", "close": 3.44, "volume": 73580438, "typical_volume": 54768864.25, "trend": 3.767667, "fair_value": 3.628351, "relative_strength": 2.662446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.728704, "energy": 52.952416, "activity_lines": [ 3.309333, 3.394, 3.569333, 3.652559 ] }, { "date": "2024-03-01", "close": 3.4, "volume": 60722826, "typical_volume": 54740513.5, "trend": 3.746333, "fair_value": 3.635324, "relative_strength": -2.948452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.553225, "energy": 47.276676, "activity_lines": [ 3.343333, 3.376727, 3.542571, 3.628839 ] }, { "date": "2024-03-08", "close": 3.39, "volume": 49873531, "typical_volume": 53887729.95, "trend": 3.719667, "fair_value": 3.642642, "relative_strength": -2.945532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.605766, "energy": 35.722378, "activity_lines": [ 3.365333, 3.366364, 3.517048, 3.605849 ] }, { "date": "2024-03-15", "close": 3.66, "volume": 70064209, "typical_volume": 55161957.65, "trend": 3.699667, "fair_value": 3.651435, "relative_strength": 1.768099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.317889, "energy": 18.185736, "activity_lines": [ 3.48, 3.412364, 3.519905, 3.602 ] }, { "date": "2024-03-22", "close": 3.39, "volume": 138707021, "typical_volume": 59374058.7, "trend": 3.679667, "fair_value": 3.657984, "relative_strength": -5.285081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.452701, "energy": 18.467834, "activity_lines": [ 3.466667, 3.407636, 3.497476, 3.582022 ] }, { "date": "2024-03-29", "close": 3.36, "volume": 57060997, "typical_volume": 60327974.75, "trend": 3.658667, "fair_value": 3.664084, "relative_strength": -4.422261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.713935, "energy": 18.356529, "activity_lines": [ 3.434667, 3.402909, 3.474333, 3.561398 ] }, { "date": "2024-04-05", "close": 3.58, "volume": 52092088, "typical_volume": 61027406.45, "trend": 3.648333, "fair_value": 3.671236, "relative_strength": 0.121622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.10005, "energy": 15.382303, "activity_lines": [ 3.481333, 3.441273, 3.474381, 3.556323 ] }, { "date": "2024-04-12", "close": 3.55, "volume": 54465675, "typical_volume": 59451284.7, "trend": 3.642667, "fair_value": 3.676964, "relative_strength": 2.39183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.358727, "energy": 12.475518, "activity_lines": [ 3.506, 3.468545, 3.472571, 3.549978 ] }, { "date": "2024-04-19", "close": 3.46, "volume": 73669477, "typical_volume": 61453856.45, "trend": 3.636667, "fair_value": 3.682679, "relative_strength": -1.035329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.164055, "energy": 9.311634, "activity_lines": [ 3.49, 3.477273, 3.463667, 3.538194 ] }, { "date": "2024-04-26", "close": 3.26, "volume": 65805377, "typical_volume": 63220166.3, "trend": 3.617667, "fair_value": 3.687318, "relative_strength": -8.578973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.304876, "energy": 20.079185, "activity_lines": [ 3.420667, 3.442909, 3.437952, 3.513892 ] }, { "date": "2024-05-03", "close": 3.21, "volume": 26083976, "typical_volume": 62924900.15, "trend": 3.596, "fair_value": 3.690713, "relative_strength": -11.012636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.466819, "energy": 38.71127, "activity_lines": [ 3.343333, 3.399455, 3.410667, 3.487591 ] }, { "date": "2024-05-10", "close": 3.18, "volume": 70207565, "typical_volume": 64811416.5, "trend": 3.573333, "fair_value": 3.691248, "relative_strength": -13.018648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.219544, "energy": 56.849791, "activity_lines": [ 3.266, 3.354727, 3.383952, 3.460753 ] }, { "date": "2024-05-17", "close": 3.19, "volume": 58611800, "typical_volume": 66100383.0, "trend": 3.548, "fair_value": 3.688822, "relative_strength": -12.325636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.342399, "energy": 64.967151, "activity_lines": [ 3.218667, 3.315818, 3.361524, 3.436022 ] }, { "date": "2024-05-24", "close": 3.06, "volume": 52242039, "typical_volume": 66167988.65, "trend": 3.525, "fair_value": 3.687255, "relative_strength": -13.135349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.360742, "energy": 71.893896, "activity_lines": [ 3.152, 3.256909, 3.329571, 3.404538 ] }, { "date": "2024-05-31", "close": 3.0, "volume": 31912696, "typical_volume": 65547023.1, "trend": 3.497, "fair_value": 3.685713, "relative_strength": -14.081173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.697648, "energy": 73.667153, "activity_lines": [ 3.092, 3.198, 3.294333, 3.370667 ] }, { "date": "2024-06-07", "close": 2.82, "volume": 65803980, "typical_volume": 66745152.25, "trend": 3.463333, "fair_value": 3.679428, "relative_strength": -18.018025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.286047, "energy": 78.827119, "activity_lines": [ 2.989333, 3.113455, 3.245238, 3.326989 ] }, { "date": "2024-06-14", "close": 2.72, "volume": 30487664, "typical_volume": 65225939.75, "trend": 3.427667, "fair_value": 3.673527, "relative_strength": -20.605718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.525274, "energy": 86.46979, "activity_lines": [ 2.879333, 3.020545, 3.19, 3.279032 ] }, { "date": "2024-06-21", "close": 2.58, "volume": 36714209, "typical_volume": 63365744.1, "trend": 3.385, "fair_value": 3.667498, "relative_strength": -22.809195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.704272, "energy": 93.411388, "activity_lines": [ 2.753333, 2.917818, 3.124048, 3.224344 ] }, { "date": "2024-06-28", "close": 2.51, "volume": 39544714, "typical_volume": 61303278.15, "trend": 3.337667, "fair_value": 3.661277, "relative_strength": -22.751054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.292304, "energy": 93.376052, "activity_lines": [ 2.644667, 2.82, 3.055476, 3.167892 ] }, { "date": "2024-07-05", "close": 2.62, "volume": 35867443, "typical_volume": 57175886.25, "trend": 3.294, "fair_value": 3.656479, "relative_strength": -17.704615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.845839, "energy": 87.159704, "activity_lines": [ 2.609333, 2.759455, 3.000143, 3.121591 ] }, { "date": "2024-07-12", "close": 2.62, "volume": 37092325, "typical_volume": 55351480.6, "trend": 3.250333, "fair_value": 3.650296, "relative_strength": -18.893301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.011894, "energy": 82.20306, "activity_lines": [ 2.599333, 2.710545, 2.947857, 3.078108 ] }, { "date": "2024-07-19", "close": 2.5, "volume": 28688679, "typical_volume": 53749773.25, "trend": 3.204333, "fair_value": 3.644831, "relative_strength": -22.675059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.147783, "energy": 70.068308, "activity_lines": [ 2.562667, 2.650545, 2.888048, 3.029699 ] }, { "date": "2024-07-26", "close": 2.56, "volume": 34226957, "typical_volume": 52967444.55, "trend": 3.163333, "fair_value": 3.637853, "relative_strength": -17.736762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.014085, "energy": 63.267665, "activity_lines": [ 2.560667, 2.613818, 2.838238, 2.988129 ] }, { "date": "2024-08-02", "close": 2.63, "volume": 44292231, "typical_volume": 51678845.65, "trend": 3.132, "fair_value": 3.632504, "relative_strength": -14.756374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.171608, "energy": 57.623947, "activity_lines": [ 2.583333, 2.601273, 2.799048, 2.95372 ] }, { "date": "2024-08-09", "close": 2.64, "volume": 25991850, "typical_volume": 46043087.1, "trend": 3.097, "fair_value": 3.627065, "relative_strength": -12.509103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.653312, "energy": 50.020426, "activity_lines": [ 2.601333, 2.598364, 2.765714, 2.921978 ] }, { "date": "2024-08-16", "close": 2.56, "volume": 25899095, "typical_volume": 44484992.0, "trend": 3.064667, "fair_value": 3.617215, "relative_strength": -14.383053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.042151, "energy": 47.203085, "activity_lines": [ 2.591333, 2.587455, 2.728333, 2.887333 ] }, { "date": "2024-08-23", "close": 2.44, "volume": 32935705, "typical_volume": 43527172.85, "trend": 3.037, "fair_value": 3.605773, "relative_strength": -16.40287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.148719, "energy": 54.784815, "activity_lines": [ 2.545333, 2.559455, 2.683333, 2.847032 ] }, { "date": "2024-08-30", "close": 2.4, "volume": 38216998, "typical_volume": 42714739.0, "trend": 3.002667, "fair_value": 3.594538, "relative_strength": -19.003249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.227473, "energy": 57.230279, "activity_lines": [ 2.49, 2.529273, 2.639952, 2.805935 ] }, { "date": "2024-09-06", "close": 2.26, "volume": 36519115, "typical_volume": 40857220.9, "trend": 2.975, "fair_value": 3.584255, "relative_strength": -21.233264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.674882, "energy": 77.9876, "activity_lines": [ 2.398667, 2.476909, 2.588714, 2.758022 ] }, { "date": "2024-09-13", "close": 2.52, "volume": 52509578, "typical_volume": 40192430.95, "trend": 2.950333, "fair_value": 3.573687, "relative_strength": -10.357266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.813835, "energy": 55.664479, "activity_lines": [ 2.418667, 2.476364, 2.567952, 2.728667 ] }, { "date": "2024-09-20", "close": 2.4, "volume": 75086981, "typical_volume": 42642581.2, "trend": 2.915667, "fair_value": 3.562914, "relative_strength": -15.331595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.128879, "energy": 53.919563, "activity_lines": [ 2.406667, 2.455818, 2.539286, 2.693161 ] }, { "date": "2024-09-27", "close": 3.29, "volume": 206812502, "typical_volume": 49472828.05, "trend": 2.912, "fair_value": 3.554043, "relative_strength": -1.324316, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.313345, "energy": 11.730479, "activity_lines": [ 2.702, 2.601091, 2.599238, 2.717312 ] }, { "date": "2024-10-04", "close": 3.56, "volume": 68622389, "typical_volume": 49973357.5, "trend": 2.917667, "fair_value": 3.542587, "relative_strength": -3.299291, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.939968, "energy": 49.376904, "activity_lines": [ 3.030667, 2.781091, 2.684381, 2.759118 ] }, { "date": "2024-10-11", "close": 3.19, "volume": 152756807, "typical_volume": 54999095.9, "trend": 2.902, "fair_value": 3.526806, "relative_strength": -8.985994, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.816452, "energy": 43.61063, "activity_lines": [ 3.158667, 2.875636, 2.732524, 2.776688 ] }, { "date": "2024-10-18", "close": 3.33, "volume": 89953745, "typical_volume": 57901148.35, "trend": 2.9, "fair_value": 3.515725, "relative_strength": -7.353211, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.330097, "energy": 49.367363, "activity_lines": [ 3.271333, 2.985455, 2.793381, 2.804301 ] }, { "date": "2024-10-25", "close": 3.54, "volume": 100436602, "typical_volume": 59632779.45, "trend": 2.906, "fair_value": 3.507121, "relative_strength": -3.629599, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.288713, "energy": 74.613533, "activity_lines": [ 3.4, 3.120909, 2.872667, 2.845591 ] }, { "date": "2024-11-01", "close": 3.66, "volume": 147714347, "typical_volume": 65494113.6, "trend": 2.908667, "fair_value": 3.502473, "relative_strength": 1.445637, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.350431, "energy": 68.016278, "activity_lines": [ 3.492667, 3.260364, 2.959952, 2.894237 ] }, { "date": "2024-11-08", "close": 3.66, "volume": 92022937, "typical_volume": 68259550.0, "trend": 2.912333, "fair_value": 3.497927, "relative_strength": -4.649886, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.687856, "energy": 73.228575, "activity_lines": [ 3.560667, 3.377636, 3.042762, 2.94271 ] }, { "date": "2024-11-15", "close": 3.36, "volume": 75027204, "typical_volume": 70033674.5, "trend": 2.909, "fair_value": 3.492222, "relative_strength": -8.761391, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.204645, "energy": 53.877815, "activity_lines": [ 3.522, 3.417455, 3.091857, 2.971591 ] }, { "date": "2024-11-22", "close": 3.35, "volume": 74429562, "typical_volume": 71961780.45, "trend": 2.912, "fair_value": 3.486621, "relative_strength": -5.981703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.354355, "energy": 46.461343, "activity_lines": [ 3.468667, 3.435455, 3.135952, 3.000043 ] }, { "date": "2024-11-29", "close": 3.42, "volume": 48182368, "typical_volume": 72516282.6, "trend": 2.919, "fair_value": 3.483039, "relative_strength": -5.169874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.988954, "energy": 35.661561, "activity_lines": [ 3.437333, 3.451091, 3.183238, 3.032817 ] }, { "date": "2024-12-06", "close": 3.66, "volume": 78110485, "typical_volume": 74987372.9, "trend": 2.935, "fair_value": 3.483517, "relative_strength": 0.164856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.786584, "energy": 39.563245, "activity_lines": [ 3.494, 3.491818, 3.249571, 3.080624 ] }, { "date": "2024-12-13", "close": 3.57, "volume": 82752892, "typical_volume": 77413669.65, "trend": 2.947667, "fair_value": 3.483811, "relative_strength": -1.145859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.20424, "energy": 38.36199, "activity_lines": [ 3.520667, 3.509455, 3.30181, 3.121591 ] }, { "date": "2024-12-20", "close": 3.35, "volume": 61563351, "typical_volume": 78277225.65, "trend": 2.957333, "fair_value": 3.482471, "relative_strength": -6.129889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.854323, "energy": 30.470152, "activity_lines": [ 3.48, 3.486909, 3.328286, 3.147548 ] }, { "date": "2024-12-27", "close": 3.31, "volume": 76963189, "typical_volume": 80825792.6, "trend": 2.967667, "fair_value": 3.480425, "relative_strength": -6.829787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.399973, "energy": 28.68028, "activity_lines": [ 3.426667, 3.454182, 3.347524, 3.170301 ] }, { "date": "2025-01-03", "close": 3.06, "volume": 47185245, "typical_volume": 81890100.1, "trend": 2.975667, "fair_value": 3.476273, "relative_strength": -6.875054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.662508, "energy": 16.258331, "activity_lines": [ 3.292667, 3.376364, 3.339762, 3.176258 ] }, { "date": "2025-01-10", "close": 2.92, "volume": 46392297, "typical_volume": 82562929.7, "trend": 2.982333, "fair_value": 3.471167, "relative_strength": -9.659581, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.435335, "energy": 20.550225, "activity_lines": [ 3.136, 3.281818, 3.316286, 3.172667 ] }, { "date": "2025-01-17", "close": 3.02, "volume": 63782522, "typical_volume": 83841205.9, "trend": 2.997, "fair_value": 3.466253, "relative_strength": -9.422968, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.762374, "energy": 22.232977, "activity_lines": [ 3.062, 3.218909, 3.300048, 3.175097 ] }, { "date": "2025-01-24", "close": 3.27, "volume": 102615126, "typical_volume": 87146006.45, "trend": 3.022333, "fair_value": 3.463223, "relative_strength": -2.867108, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.521558, "energy": 19.968561, "activity_lines": [ 3.108, 3.213091, 3.304667, 3.19271 ] }, { "date": "2025-01-31", "close": 3.32, "volume": 63508532, "typical_volume": 87695954.15, "trend": 3.045667, "fair_value": 3.460961, "relative_strength": 0.325875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.012226, "energy": 14.177665, "activity_lines": [ 3.176, 3.218, 3.309238, 3.211914 ] }, { "date": "2025-02-07", "close": 3.3, "volume": 104346217, "typical_volume": 89158915.95, "trend": 3.068333, "fair_value": 3.457002, "relative_strength": -3.831933, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.939215, "energy": 12.96607, "activity_lines": [ 3.236667, 3.219818, 3.308095, 3.228323 ] }, { "date": "2025-02-14", "close": 3.35, "volume": 132509222, "typical_volume": 85443751.95, "trend": 3.096667, "fair_value": 3.454148, "relative_strength": -3.619166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.029208, "energy": 22.804771, "activity_lines": [ 3.298, 3.232909, 3.307429, 3.246495 ] }, { "date": "2025-02-21", "close": 3.7, "volume": 203924256, "typical_volume": 92208845.3, "trend": 3.134667, "fair_value": 3.453257, "relative_strength": 4.37246, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.256548, "energy": 37.483373, "activity_lines": [ 3.447333, 3.315273, 3.33981, 3.285419 ] }, { "date": "2025-02-28", "close": 4.03, "volume": 191694892, "typical_volume": 94155749.55, "trend": 3.181333, "fair_value": 3.457901, "relative_strength": 17.617634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.989026, "energy": 69.910595, "activity_lines": [ 3.661333, 3.455273, 3.402952, 3.343183 ] }, { "date": "2025-03-07", "close": 3.97, "volume": 147222873, "typical_volume": 97019205.95, "trend": 3.225667, "fair_value": 3.460031, "relative_strength": 13.353421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.514128, "energy": 76.360703, "activity_lines": [ 3.804667, 3.572, 3.456381, 3.394065 ] }, { "date": "2025-03-14", "close": 3.77, "volume": 109584979, "typical_volume": 97476624.8, "trend": 3.266, "fair_value": 3.460149, "relative_strength": 6.560371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.207452, "energy": 72.153886, "activity_lines": [ 3.838, 3.640364, 3.487714, 3.429183 ] }, { "date": "2025-03-21", "close": 4.02, "volume": 179045644, "typical_volume": 99043189.65, "trend": 3.318667, "fair_value": 3.462543, "relative_strength": 16.566633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.117823, "energy": 73.554332, "activity_lines": [ 3.923333, 3.741273, 3.541762, 3.477828 ] }, { "date": "2025-03-28", "close": 3.72, "volume": 110234716, "typical_volume": 99953778.6, "trend": 3.362667, "fair_value": 3.462453, "relative_strength": 8.726901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.838507, "energy": 43.719008, "activity_lines": [ 3.864, 3.767636, 3.565524, 3.50372 ] }, { "date": "2025-04-04", "close": 3.78, "volume": 46057611, "typical_volume": 98505298.95, "trend": 3.413333, "fair_value": 3.464317, "relative_strength": 13.125811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.577953, "energy": 36.144836, "activity_lines": [ 3.823333, 3.792182, 3.594714, 3.530645 ] }, { "date": "2025-04-11", "close": 3.49, "volume": 95053976, "typical_volume": 99536519.65, "trend": 3.445667, "fair_value": 3.465612, "relative_strength": 10.285578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.101565, "energy": 20.380027, "activity_lines": [ 3.702667, 3.754727, 3.594286, 3.535591 ] }, { "date": "2025-04-18", "close": 3.58, "volume": 58968190, "typical_volume": 100075810.75, "trend": 3.485, "fair_value": 3.465241, "relative_strength": 13.786915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.556828, "energy": 18.093144, "activity_lines": [ 3.644, 3.730545, 3.601762, 3.544258 ] }, { "date": "2025-04-25", "close": 3.73, "volume": 55704737, "typical_volume": 98955523.35, "trend": 3.499667, "fair_value": 3.464655, "relative_strength": 16.714879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.533935, "energy": 17.760367, "activity_lines": [ 3.648, 3.728545, 3.622762, 3.560065 ] }, { "date": "2025-05-02", "close": 3.74, "volume": 36132423, "typical_volume": 96624499.9, "trend": 3.505667, "fair_value": 3.463236, "relative_strength": 16.931799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.488088, "energy": 17.369336, "activity_lines": [ 3.674667, 3.721455, 3.644381, 3.57557 ] }, { "date": "2025-05-09", "close": 3.94, "volume": 49843596, "typical_volume": 96038512.15, "trend": 3.530667, "fair_value": 3.462987, "relative_strength": 19.97865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.941252, "energy": 28.216651, "activity_lines": [ 3.766667, 3.75, 3.684238, 3.603591 ] }, { "date": "2025-05-16", "close": 3.9, "volume": 41250480, "typical_volume": 94252876.7, "trend": 3.549667, "fair_value": 3.463714, "relative_strength": 17.763836, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.581332, "energy": 36.64878, "activity_lines": [ 3.834667, 3.772909, 3.717476, 3.627419 ] }, { "date": "2025-05-23", "close": 4.26, "volume": 233101659, "typical_volume": 103548697.4, "trend": 3.573667, "fair_value": 3.467983, "relative_strength": 28.506089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.814535, "energy": 60.538645, "activity_lines": [ 3.995333, 3.862545, 3.78219, 3.673247 ] }, { "date": "2025-05-30", "close": 4.15, "volume": 82166079, "typical_volume": 105337386.5, "trend": 3.59, "fair_value": 3.47149, "relative_strength": 25.645659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.376284, "energy": 65.888623, "activity_lines": [ 4.074, 3.923273, 3.830714, 3.71043 ] }, { "date": "2025-06-06", "close": 3.76, "volume": 90867772, "typical_volume": 106691649.0, "trend": 3.593333, "fair_value": 3.472722, "relative_strength": 11.816808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.304391, "energy": 50.319459, "activity_lines": [ 3.994667, 3.910727, 3.836238, 3.721398 ] }, { "date": "2025-06-13", "close": 3.62, "volume": 61295694, "typical_volume": 104625677.4, "trend": 3.602, "fair_value": 3.472944, "relative_strength": 7.908437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.106676, "energy": 21.804933, "activity_lines": [ 3.867333, 3.872, 3.824905, 3.723118 ] }, { "date": "2025-06-20", "close": 3.55, "volume": 40533056, "typical_volume": 103476903.6, "trend": 3.608667, "fair_value": 3.472101, "relative_strength": 6.625792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.110809, "energy": 13.164823, "activity_lines": [ 3.738, 3.823455, 3.805238, 3.719763 ] }, { "date": "2025-06-27", "close": 3.61, "volume": 49153616, "typical_volume": 100717273.55, "trend": 3.615, "fair_value": 3.470465, "relative_strength": 4.139427, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.897929, "energy": 18.841755, "activity_lines": [ 3.652, 3.784727, 3.79019, 3.719849 ] }, { "date": "2025-07-04", "close": 3.82, "volume": 121526647, "typical_volume": 100168144.8, "trend": 3.620333, "fair_value": 3.468269, "relative_strength": 8.443608, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.770142, "energy": 17.925739, "activity_lines": [ 3.679333, 3.783636, 3.793667, 3.733075 ] }, { "date": "2025-07-11", "close": 3.91, "volume": 98045300, "typical_volume": 94874197.0, "trend": 3.631667, "fair_value": 3.468846, "relative_strength": 8.620445, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.279493, "energy": 14.393748, "activity_lines": [ 3.758667, 3.797273, 3.803476, 3.751763 ] }, { "date": "2025-07-18", "close": 3.85, "volume": 63283727, "typical_volume": 88453638.75, "trend": 3.648333, "fair_value": 3.470064, "relative_strength": 4.390535, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.757614, "energy": 15.187483, "activity_lines": [ 3.808, 3.796909, 3.806571, 3.765849 ] }, { "date": "2025-07-25", "close": 4.02, "volume": 112154550, "typical_volume": 86700222.6, "trend": 3.672, "fair_value": 3.472949, "relative_strength": 6.142455, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.634014, "energy": 33.012087, "activity_lines": [ 3.898667, 3.829091, 3.826714, 3.789828 ] }, { "date": "2025-08-01", "close": 3.69, "volume": 106562500, "typical_volume": 86549098.65, "trend": 3.693, "fair_value": 3.474103, "relative_strength": -1.161678, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.085514, "energy": 17.233768, "activity_lines": [ 3.848, 3.799091, 3.81519, 3.790989 ] }, { "date": "2025-08-08", "close": 3.91, "volume": 85103559, "typical_volume": 81851994.4, "trend": 3.726, "fair_value": 3.477949, "relative_strength": 3.223333, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.989399, "energy": 21.63498, "activity_lines": [ 3.865333, 3.819455, 3.825, 3.804989 ] }, { "date": "2025-08-15", "close": 3.73, "volume": 64938740, "typical_volume": 79587195.6, "trend": 3.749667, "fair_value": 3.479744, "relative_strength": -5.885679, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.844533, "energy": 10.882839, "activity_lines": [ 3.816667, 3.811455, 3.81819, 3.805247 ] }, { "date": "2025-08-22", "close": 3.73, "volume": 87464212, "typical_volume": 81657525.65, "trend": 3.765, "fair_value": 3.481154, "relative_strength": -10.038928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.132811, "energy": 8.892825, "activity_lines": [ 3.78, 3.804, 3.811333, 3.803978 ] }, { "date": "2025-08-29", "close": 3.58, "volume": 111463703, "typical_volume": 82478012.0, "trend": 3.773667, "fair_value": 3.481667, "relative_strength": -17.235983, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.229803, "energy": 25.912602, "activity_lines": [ 3.701333, 3.767273, 3.790429, 3.792043 ] }, { "date": "2025-09-05", "close": 3.68, "volume": 72498044, "typical_volume": 83154504.7, "trend": 3.786333, "fair_value": 3.483077, "relative_strength": -14.279966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.14265, "energy": 39.772659, "activity_lines": [ 3.685333, 3.748182, 3.778619, 3.786 ] }, { "date": "2025-09-12", "close": 3.72, "volume": 85716448, "typical_volume": 84655090.25, "trend": 3.798667, "fair_value": 3.485128, "relative_strength": -15.452062, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.013672, "energy": 42.746438, "activity_lines": [ 3.683333, 3.735091, 3.770143, 3.78172 ] }, { "date": "2025-09-19", "close": 3.6, "volume": 105216122, "typical_volume": 88109275.2, "trend": 3.795333, "fair_value": 3.486474, "relative_strength": -18.998226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.223919, "energy": 46.719396, "activity_lines": [ 3.654, 3.702, 3.750286, 3.768903 ] }, { "date": "2025-09-26", "close": 3.46, "volume": 59084681, "typical_volume": 88571329.45, "trend": 3.776333, "fair_value": 3.487179, "relative_strength": -22.595464, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.011913, "energy": 50.983554, "activity_lines": [ 3.586667, 3.649091, 3.717762, 3.747269 ] }, { "date": "2025-10-03", "close": 3.48, "volume": 25570029, "typical_volume": 87787306.9, "trend": 3.76, "fair_value": 3.487308, "relative_strength": -23.624708, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.244089, "energy": 55.716569, "activity_lines": [ 3.544, 3.606909, 3.689429, 3.728151 ] }, { "date": "2025-10-10", "close": 3.66, "volume": 39585769, "typical_volume": 78111512.4, "trend": 3.756333, "fair_value": 3.489679, "relative_strength": -18.444912, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.118131, "energy": 47.694513, "activity_lines": [ 3.568, 3.607273, 3.680238, 3.721699 ] }, { "date": "2025-10-17", "close": 3.56, "volume": 70296855, "typical_volume": 77518051.2, "trend": 3.741, "fair_value": 3.49141, "relative_strength": -16.310507, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.208924, "energy": 43.305427, "activity_lines": [ 3.56, 3.59, 3.664381, 3.709032 ] }, { "date": "2025-10-24", "close": 3.56, "volume": 53436033, "typical_volume": 75646464.25, "trend": 3.735667, "fair_value": 3.494231, "relative_strength": -19.789398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.835953, "energy": 31.226968, "activity_lines": [ 3.562667, 3.579091, 3.651333, 3.697355 ] }, { "date": "2025-10-31", "close": 3.57, "volume": 76552571, "typical_volume": 76409308.1, "trend": 3.728667, "fair_value": 3.496731, "relative_strength": -19.71474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.727448, "energy": 26.563243, "activity_lines": [ 3.571333, 3.573091, 3.64019, 3.686667 ] }, { "date": "2025-11-07", "close": 3.62, "volume": 63290585, "typical_volume": 77547184.55, "trend": 3.733, "fair_value": 3.499936, "relative_strength": -18.474471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.378522, "energy": 22.402962, "activity_lines": [ 3.589333, 3.579091, 3.634048, 3.679656 ] }, { "date": "2025-11-14", "close": 3.7, "volume": 65711025, "typical_volume": 78375055.0, "trend": 3.737, "fair_value": 3.505513, "relative_strength": -15.326909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.38616, "energy": 14.646928, "activity_lines": [ 3.624667, 3.598909, 3.63519, 3.677527 ] }, { "date": "2025-11-21", "close": 3.36, "volume": 76342291, "typical_volume": 76115837.2, "trend": 3.724667, "fair_value": 3.508269, "relative_strength": -18.699631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.366728, "energy": 32.951729, "activity_lines": [ 3.544, 3.556545, 3.603524, 3.653204 ] }, { "date": "2025-11-28", "close": 3.33, "volume": 60114685, "typical_volume": 74219306.45, "trend": 3.711, "fair_value": 3.509679, "relative_strength": -21.89338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.575451, "energy": 52.792168, "activity_lines": [ 3.466667, 3.515273, 3.57119, 3.627742 ] }, { "date": "2025-12-05", "close": 3.35, "volume": 49649271, "typical_volume": 73537583.65, "trend": 3.691333, "fair_value": 3.511474, "relative_strength": -22.016701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.284885, "energy": 63.528124, "activity_lines": [ 3.411333, 3.482545, 3.543524, 3.604452 ] }, { "date": "2025-12-12", "close": 3.18, "volume": 50061694, "typical_volume": 70432940.85, "trend": 3.667333, "fair_value": 3.51109, "relative_strength": -26.186136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.013192, "energy": 78.967012, "activity_lines": [ 3.314, 3.420909, 3.502048, 3.571462 ] }, { "date": "2025-12-19", "close": 3.31, "volume": 46817669, "typical_volume": 67445699.3, "trend": 3.635667, "fair_value": 3.512179, "relative_strength": -22.18894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.255226, "energy": 72.684843, "activity_lines": [ 3.289333, 3.388364, 3.476952, 3.548409 ] }, { "date": "2025-12-26", "close": 3.4, "volume": 51684417, "typical_volume": 65774742.2, "trend": 3.610667, "fair_value": 3.513397, "relative_strength": -22.51866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.322473, "energy": 60.211223, "activity_lines": [ 3.320667, 3.378545, 3.462238, 3.533204 ] }, { "date": "2026-01-02", "close": 3.35, "volume": 32917174, "typical_volume": 64173663.9, "trend": 3.597, "fair_value": 3.514615, "relative_strength": -22.930371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.35309, "energy": 43.52605, "activity_lines": [ 3.332667, 3.362545, 3.44519, 3.516387 ] }, { "date": "2026-01-09", "close": 3.35, "volume": 75458027, "typical_volume": 63573354.65, "trend": 3.588, "fair_value": 3.516923, "relative_strength": -25.908975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.247334, "energy": 33.959433, "activity_lines": [ 3.343333, 3.350364, 3.429952, 3.500452 ] }, { "date": "2026-01-16", "close": 3.2, "volume": 93022511, "typical_volume": 62651295.05, "trend": 3.576333, "fair_value": 3.518526, "relative_strength": -29.715316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.999476, "energy": 39.872675, "activity_lines": [ 3.304, 3.314909, 3.402238, 3.475419 ] }, { "date": "2026-01-23", "close": 3.55, "volume": 126410746, "typical_volume": 65346930.15, "trend": 3.574333, "fair_value": 3.522051, "relative_strength": -22.548562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.906418, "energy": 17.434736, "activity_lines": [ 3.38, 3.350727, 3.409667, 3.47372 ] }, { "date": "2026-01-30", "close": 3.61, "volume": 137074509, "typical_volume": 67914833.2, "trend": 3.567333, "fair_value": 3.526218, "relative_strength": -19.588905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.3753, "energy": 10.836684, "activity_lines": [ 3.46, 3.400182, 3.423429, 3.476022 ] }, { "date": "2026-02-06", "close": 3.71, "volume": 144363977, "typical_volume": 69872225.95, "trend": 3.560667, "fair_value": 3.530385, "relative_strength": -15.35066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.883152, "energy": 16.475941, "activity_lines": [ 3.559333, 3.463273, 3.447238, 3.485226 ] }, { "date": "2026-02-13", "close": 3.57, "volume": 86556640, "typical_volume": 71245823.9, "trend": 3.551333, "fair_value": 3.533269, "relative_strength": -19.374983, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.455346, "energy": 24.092578, "activity_lines": [ 3.588, 3.494, 3.45719, 3.485828 ] }, { "date": "2026-02-27", "close": 3.8, "volume": 91889233, "typical_volume": 74561784.1, "trend": 3.544, "fair_value": 3.537564, "relative_strength": -16.136234, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.333485, "energy": 41.027472, "activity_lines": [ 3.678667, 3.562545, 3.488524, 3.501871 ] }, { "date": "2026-03-06", "close": 3.69, "volume": 100937309, "typical_volume": 77629361.1, "trend": 3.544, "fair_value": 3.54141, "relative_strength": -16.094566, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.838399, "energy": 41.789996, "activity_lines": [ 3.692667, 3.599818, 3.507857, 3.51129 ] }, { "date": "2026-03-13", "close": 3.68, "volume": 110047328, "typical_volume": 79616884.75, "trend": 3.536333, "fair_value": 3.543526, "relative_strength": -16.393882, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.548388, "energy": 33.870353, "activity_lines": [ 3.694, 3.628364, 3.526095, 3.520065 ] }, { "date": "2026-03-20", "close": 3.25, "volume": 161562053, "typical_volume": 85023185.75, "trend": 3.520333, "fair_value": 3.540641, "relative_strength": -23.434638, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -12.045687, "energy": 9.039993, "activity_lines": [ 3.547333, 3.573636, 3.50281, 3.501591 ] }, { "date": "2026-03-27", "close": 3.24, "volume": 94586084, "typical_volume": 85924861.4, "trend": 3.504, "fair_value": 3.535577, "relative_strength": -22.397354, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.980579, "energy": 20.884289, "activity_lines": [ 3.428, 3.518909, 3.480048, 3.483505 ] }, { "date": "2026-04-03", "close": 2.95, "volume": 87941575, "typical_volume": 87157410.9, "trend": 3.483, "fair_value": 3.527821, "relative_strength": -26.583277, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.317017, "energy": 46.995077, "activity_lines": [ 3.234, 3.413455, 3.431238, 3.447763 ] }, { "date": "2026-04-10", "close": 3.05, "volume": 83771447, "typical_volume": 88060432.0, "trend": 3.462, "fair_value": 3.521987, "relative_strength": -28.47619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.563681, "energy": 57.835885, "activity_lines": [ 3.13, 3.330727, 3.395143, 3.419828 ] }, { "date": "2026-04-17", "close": 3.02, "volume": 72586614, "typical_volume": 87872648.15, "trend": 3.438667, "fair_value": 3.516667, "relative_strength": -31.245537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.237455, "energy": 68.609737, "activity_lines": [ 3.058667, 3.251636, 3.359286, 3.391312 ] }, { "date": "2026-04-24", "close": 2.97, "volume": 55887705, "typical_volume": 87661299.15, "trend": 3.417667, "fair_value": 3.511346, "relative_strength": -31.890066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.165733, "energy": 70.733285, "activity_lines": [ 3.014667, 3.174182, 3.320286, 3.361075 ] }, { "date": "2026-05-01", "close": 2.95, "volume": 63142999, "typical_volume": 88335985.55, "trend": 3.400667, "fair_value": 3.504295, "relative_strength": -32.290829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.434196, "energy": 66.872251, "activity_lines": [ 2.982667, 3.106545, 3.281095, 3.330903 ] }, { "date": "2026-05-08", "close": 2.91, "volume": 49541576, "typical_volume": 88309979.65, "trend": 3.381667, "fair_value": 3.496346, "relative_strength": -34.331322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.653102, "energy": 63.18751, "activity_lines": [ 2.956667, 3.042909, 3.24, 3.299247 ] }, { "date": "2026-05-15", "close": 2.66, "volume": 69921205, "typical_volume": 89465156.45, "trend": 3.348333, "fair_value": 3.4875, "relative_strength": -39.065844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.082857, "energy": 75.865917, "activity_lines": [ 2.85, 2.95, 3.176381, 3.252688 ] }, { "date": "2026-05-22", "close": 2.59, "volume": 77107898, "typical_volume": 90736330.5, "trend": 3.316, "fair_value": 3.476987, "relative_strength": -39.911916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.906504, "energy": 80.565632, "activity_lines": [ 2.746, 2.863091, 3.10919, 3.203763 ] }, { "date": "2026-05-29", "close": 2.51, "volume": 94754882, "typical_volume": 93828215.9, "trend": 3.281, "fair_value": 3.466667, "relative_strength": -40.613538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.030719, "energy": 83.868209, "activity_lines": [ 2.644, 2.781455, 3.038238, 3.151763 ] }, { "date": "2026-06-05", "close": 2.44, "volume": 15640300, "typical_volume": 90837329.55, "trend": 3.243333, "fair_value": 3.456154, "relative_strength": -40.211838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.437263, "energy": 88.423066, "activity_lines": [ 2.549333, 2.700545, 2.964619, 3.097505 ] }, { "date": "2026-06-12", "close": 2.41, "volume": 20359739, "typical_volume": 87204190.95, "trend": 3.203, "fair_value": 3.445833, "relative_strength": -38.638815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.307722, "energy": 87.909216, "activity_lines": [ 2.478667, 2.628727, 2.892476, 3.043742 ] }, { "date": "2026-06-19", "close": 2.31, "volume": 80544126, "typical_volume": 84910859.95, "trend": 3.156667, "fair_value": 3.434936, "relative_strength": -44.228162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.27109, "energy": 90.053168, "activity_lines": [ 2.408, 2.548545, 2.814571, 2.986129 ] }, { "date": "2026-06-26", "close": 2.14, "volume": 10910774, "typical_volume": 78602673.2, "trend": 3.116, "fair_value": 3.423333, "relative_strength": -46.648572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.806895, "energy": 93.004267, "activity_lines": [ 2.304, 2.450909, 2.726381, 2.920538 ] }, { "date": "2026-07-03", "close": 2.2, "volume": 19315790, "typical_volume": 72350263.85, "trend": 3.078333, "fair_value": 3.411154, "relative_strength": -43.621092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.813773, "energy": 90.111281, "activity_lines": [ 2.25, 2.380182, 2.650905, 2.861441 ] }, { "date": "2026-07-10", "close": 2.24, "volume": 77476423, "typical_volume": 71896253.0, "trend": 3.041333, "fair_value": 3.400192, "relative_strength": -39.496303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.112848, "energy": 87.307749, "activity_lines": [ 2.23, 2.330727, 2.586429, 2.807355 ] }, { "date": "2026-07-17", "close": 2.25, "volume": 81098457, "typical_volume": 71356714.2, "trend": 3.010333, "fair_value": 3.388974, "relative_strength": -32.218861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.306545, "energy": 78.650012, "activity_lines": [ 2.226667, 2.296, 2.529238, 2.756301 ] }, { "date": "2026-07-24", "close": 2.2, "volume": 78087101, "typical_volume": 70214203.8, "trend": 2.973333, "fair_value": 3.377308, "relative_strength": -33.024611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.537772, "energy": 64.700776, "activity_lines": [ 2.217333, 2.264182, 2.474667, 2.704022 ] }, { "date": "2026-07-31", "close": 2.35, "volume": 72520395, "typical_volume": 68337857.15, "trend": 2.938333, "fair_value": 3.366923, "relative_strength": -26.316253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.54288, "energy": 57.118484, "activity_lines": [ 2.265333, 2.268, 2.441476, 2.663806 ] }, { "date": "2026-08-07", "close": 2.29, "volume": 72141513, "typical_volume": 63866830.15, "trend": 2.903, "fair_value": 3.355705, "relative_strength": -30.876171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.153118, "energy": 47.229696, "activity_lines": [ 2.279333, 2.265273, 2.408905, 2.621978 ] } ], "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." } } }