{ "ticker": { "uuid": "c6a196cb-8913-4caf-a524-b3984e175c8a", "symbol": "002640", "name": "Global Top E-Commerce 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -42.796, "architecture_energy": 27.551, "architecture_maturity": 57.019, "architecture_confidence": 82.789, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 38.26, "rotation_up": 24.36, "upward_expansion": 14.76, "deceleration": 46.61, "rotation_down": 38.29, "downward_expansion": 64.76 }, "activity_lines": [ 3.226667, 3.186364, 3.371238, 3.472344 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 3.34, "trend_reference": 3.662, "distance_from_trend": -0.08793, "trend_direction": "Weakening", "fair_value": 3.723782, "distance_from_fair_value": -0.103062, "fair_value_direction": "Weakening", "relative_strength": -24.578135, "relative_strength_direction": "Improving", "price_momentum": -0.17734, "excess_performance": -0.18474, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08793, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.113246, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.103062, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.199747, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.245781, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.040511, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.17734, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.343083, "read": "Demand-led" } ], "volume": { "latest": 496535255, "relative_activity": 1.209287, "balance": 1.343083, "dry_up": 1.563327, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.109627, "annualized_volatility": 0.382049, "from_high_reference": -0.484568, "from_low_reference": 0.227941 }, "levels": { "trend_reference": 3.662, "fair_value_reference": 3.723782, "structural_low": 2.72, "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": 25, "median_return": 0.0, "positive_rate": 0.48, "directional_follow_through": 0.48, "median_excess_return": 0.013879, "regime_survival": 0.84, "best_return": 0.630872, "worst_return": -0.224215, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.068826, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.032889, "regime_survival": 0.555556, "best_return": 1.033784, "worst_return": -0.356522, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.002571, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.13388, "regime_survival": 0.2, "best_return": 2.121622, "worst_return": -0.40081, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.178988, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.351187, "regime_survival": 0.333333, "best_return": 1.852071, "worst_return": -0.565553, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-09-27", "tenure": "New", "return": 0.404624, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.101124, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-10", "tenure": "Developing", "return": 0.553633, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-04-04", "tenure": "Developing", "return": -0.426641, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.19943, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": -0.086629, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": -0.013129, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.280255, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-17", "tenure": "Established", "return": -0.133816, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.089431, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.058065, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-05-15", "tenure": "Established", "return": 0.004651, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-19", "tenure": "Developing", "return": -0.158031, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.077419, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 3.81, "volume": 499398697, "typical_volume": 298275822.7, "trend": 4.408333, "fair_value": 4.009615, "relative_strength": -4.800962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.289599, "energy": 29.216026, "activity_lines": [ 3.759333, 3.717818, 3.892429, 4.095204 ] }, { "date": "2023-08-04", "close": 3.91, "volume": 353472275, "typical_volume": 303305901.45, "trend": 4.361333, "fair_value": 3.982628, "relative_strength": -4.028605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.373743, "energy": 20.756509, "activity_lines": [ 3.834, 3.746364, 3.876286, 4.063054 ] }, { "date": "2023-08-11", "close": 3.63, "volume": 186384533, "typical_volume": 287342169.2, "trend": 4.304667, "fair_value": 3.956474, "relative_strength": -7.797841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.598216, "energy": 23.470484, "activity_lines": [ 3.787333, 3.728727, 3.836857, 4.015871 ] }, { "date": "2023-08-18", "close": 3.95, "volume": 561711525, "typical_volume": 297913031.65, "trend": 4.249667, "fair_value": 3.930321, "relative_strength": 2.927697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.389763, "energy": 18.833329, "activity_lines": [ 3.843333, 3.774, 3.833667, 3.992989 ] }, { "date": "2023-08-25", "close": 4.0, "volume": 571734396, "typical_volume": 316451111.4, "trend": 4.212, "fair_value": 3.905577, "relative_strength": 6.752607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.404654, "energy": 15.047431, "activity_lines": [ 3.888, 3.824182, 3.838762, 3.976882 ] }, { "date": "2023-09-01", "close": 3.85, "volume": 398717983, "typical_volume": 325431422.9, "trend": 4.167667, "fair_value": 3.88109, "relative_strength": -1.079668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.689353, "energy": 10.388002, "activity_lines": [ 3.884667, 3.842909, 3.831667, 3.953527 ] }, { "date": "2023-09-08", "close": 3.69, "volume": 196279564, "typical_volume": 326882191.1, "trend": 4.119667, "fair_value": 3.856282, "relative_strength": -3.896069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.278731, "energy": 17.200222, "activity_lines": [ 3.825333, 3.827091, 3.81181, 3.92271 ] }, { "date": "2023-09-15", "close": 3.53, "volume": 147819103, "typical_volume": 324792720.45, "trend": 4.076667, "fair_value": 3.833141, "relative_strength": -7.146697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.49941, "energy": 28.19491, "activity_lines": [ 3.727333, 3.778545, 3.778, 3.884667 ] }, { "date": "2023-09-22", "close": 3.55, "volume": 102768293, "typical_volume": 324769451.75, "trend": 4.035333, "fair_value": 3.808782, "relative_strength": -7.247504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.175613, "energy": 45.504327, "activity_lines": [ 3.642667, 3.734364, 3.748905, 3.850688 ] }, { "date": "2023-09-29", "close": 3.85, "volume": 324121796, "typical_volume": 300179762.2, "trend": 4.007667, "fair_value": 3.790385, "relative_strength": 0.872262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.289835, "energy": 31.819583, "activity_lines": [ 3.684667, 3.744364, 3.751571, 3.838731 ] }, { "date": "2023-10-13", "close": 3.68, "volume": 366856193, "typical_volume": 287070803.35, "trend": 3.974333, "fair_value": 3.770577, "relative_strength": -3.398226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.568563, "energy": 30.101164, "activity_lines": [ 3.68, 3.726727, 3.742143, 3.817591 ] }, { "date": "2023-10-20", "close": 3.96, "volume": 706118049, "typical_volume": 306180486.65, "trend": 3.952333, "fair_value": 3.756346, "relative_strength": 8.673591, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.032153, "energy": 6.372053, "activity_lines": [ 3.78, 3.762364, 3.761333, 3.816667 ] }, { "date": "2023-10-27", "close": 4.18, "volume": 868722852, "typical_volume": 332846064.85, "trend": 3.930333, "fair_value": 3.74359, "relative_strength": 11.623384, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.629696, "energy": 19.111179, "activity_lines": [ 3.935333, 3.837091, 3.802476, 3.831355 ] }, { "date": "2023-11-03", "close": 4.44, "volume": 1397755261, "typical_volume": 392973174.6, "trend": 3.922, "fair_value": 3.731282, "relative_strength": 17.276198, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.312338, "energy": 40.442059, "activity_lines": [ 4.134, 3.949091, 3.867, 3.864237 ] }, { "date": "2023-11-10", "close": 4.31, "volume": 936115290, "typical_volume": 430872014.0, "trend": 3.917667, "fair_value": 3.717372, "relative_strength": 12.391759, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.487381, "energy": 48.043993, "activity_lines": [ 4.23, 4.028545, 3.915714, 3.889269 ] }, { "date": "2023-11-17", "close": 4.35, "volume": 855983333, "typical_volume": 467602603.75, "trend": 3.917, "fair_value": 3.705769, "relative_strength": 13.019144, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.564985, "energy": 63.539368, "activity_lines": [ 4.308667, 4.109636, 3.965667, 3.917161 ] }, { "date": "2023-11-24", "close": 4.0, "volume": 487853915, "typical_volume": 485053739.2, "trend": 3.918333, "fair_value": 3.694936, "relative_strength": 5.180827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.684651, "energy": 50.79602, "activity_lines": [ 4.226, 4.118, 3.978476, 3.922516 ] }, { "date": "2023-12-01", "close": 4.15, "volume": 357072693, "typical_volume": 493413470.9, "trend": 3.919333, "fair_value": 3.683397, "relative_strength": 9.964594, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.494342, "energy": 31.290932, "activity_lines": [ 4.190667, 4.148, 4.003143, 3.937462 ] }, { "date": "2023-12-08", "close": 3.9, "volume": 306018358, "typical_volume": 502272644.65, "trend": 3.908667, "fair_value": 3.670256, "relative_strength": 4.913461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.374365, "energy": 16.679777, "activity_lines": [ 4.074, 4.121273, 4.001238, 3.936215 ] }, { "date": "2023-12-15", "close": 4.32, "volume": 320400012, "typical_volume": 497265206.05, "trend": 3.895667, "fair_value": 3.6575, "relative_strength": 17.675035, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.415275, "energy": 19.186358, "activity_lines": [ 4.133333, 4.164545, 4.037571, 3.962753 ] }, { "date": "2023-12-22", "close": 4.26, "volume": 934948055, "typical_volume": 519042673.95, "trend": 3.901333, "fair_value": 3.645897, "relative_strength": 17.997041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.406857, "energy": 20.753536, "activity_lines": [ 4.172, 4.188364, 4.06681, 3.986258 ] }, { "date": "2023-12-29", "close": 3.74, "volume": 586528080, "typical_volume": 530695464.2, "trend": 3.887, "fair_value": 3.630256, "relative_strength": 0.344095, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.875354, "energy": 10.100834, "activity_lines": [ 4.043333, 4.107091, 4.044381, 3.975849 ] }, { "date": "2024-01-05", "close": 3.57, "volume": 271264350, "typical_volume": 534939455.05, "trend": 3.876333, "fair_value": 3.616731, "relative_strength": 0.109184, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.186486, "energy": 13.661075, "activity_lines": [ 3.875333, 3.998909, 4.006571, 3.955398 ] }, { "date": "2024-01-12", "close": 3.61, "volume": 217979400, "typical_volume": 517752848.8, "trend": 3.872667, "fair_value": 3.605577, "relative_strength": 2.996662, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.511613, "energy": 21.323339, "activity_lines": [ 3.759333, 3.909091, 3.972857, 3.938215 ] }, { "date": "2024-01-19", "close": 3.14, "volume": 259410801, "typical_volume": 502136669.05, "trend": 3.851667, "fair_value": 3.593013, "relative_strength": -7.771882, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.444044, "energy": 51.263498, "activity_lines": [ 3.506, 3.748909, 3.896, 3.890946 ] }, { "date": "2024-01-26", "close": 3.34, "volume": 350084298, "typical_volume": 499704984.8, "trend": 3.844667, "fair_value": 3.581474, "relative_strength": -1.123009, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.388885, "energy": 58.402107, "activity_lines": [ 3.398, 3.646364, 3.842286, 3.857935 ] }, { "date": "2024-02-02", "close": 2.58, "volume": 266076946, "typical_volume": 503194853.9, "trend": 3.814333, "fair_value": 3.566474, "relative_strength": -16.473271, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.340964, "energy": 84.977712, "activity_lines": [ 3.098, 3.424, 3.718619, 3.776344 ] }, { "date": "2024-02-09", "close": 2.47, "volume": 218423220, "typical_volume": 506725059.75, "trend": 3.777667, "fair_value": 3.554487, "relative_strength": -26.415792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.639976, "energy": 89.444609, "activity_lines": [ 2.838667, 3.207455, 3.589762, 3.689613 ] }, { "date": "2024-02-23", "close": 2.89, "volume": 379167835, "typical_volume": 520545036.85, "trend": 3.756333, "fair_value": 3.544936, "relative_strength": -15.798903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.450511, "energy": 81.300476, "activity_lines": [ 2.792667, 3.097818, 3.505952, 3.632344 ] }, { "date": "2024-03-01", "close": 2.92, "volume": 456944092, "typical_volume": 527186151.65, "trend": 3.719333, "fair_value": 3.536731, "relative_strength": -17.793356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.827817, "energy": 77.932149, "activity_lines": [ 2.804667, 3.012, 3.428143, 3.578387 ] }, { "date": "2024-03-08", "close": 2.75, "volume": 247366917, "typical_volume": 521211687.85, "trend": 3.684, "fair_value": 3.529423, "relative_strength": -21.584453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.918281, "energy": 63.546222, "activity_lines": [ 2.774667, 2.920727, 3.338571, 3.515849 ] }, { "date": "2024-03-15", "close": 2.86, "volume": 227943552, "typical_volume": 497302963.0, "trend": 3.649, "fair_value": 3.523141, "relative_strength": -20.11578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.563232, "energy": 48.152805, "activity_lines": [ 2.820667, 2.876909, 3.263905, 3.462688 ] }, { "date": "2024-03-22", "close": 2.84, "volume": 251574874, "typical_volume": 466445564.1, "trend": 3.622667, "fair_value": 3.512628, "relative_strength": -19.818956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.768324, "energy": 45.733402, "activity_lines": [ 2.841333, 2.845455, 3.192571, 3.410495 ] }, { "date": "2024-03-29", "close": 2.66, "volume": 196529795, "typical_volume": 406384290.8, "trend": 3.579667, "fair_value": 3.500513, "relative_strength": -23.078938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.320939, "energy": 49.816996, "activity_lines": [ 2.777333, 2.794545, 3.110476, 3.348387 ] }, { "date": "2024-04-05", "close": 2.87, "volume": 248963054, "typical_volume": 372026679.0, "trend": 3.542, "fair_value": 3.489551, "relative_strength": -17.761812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.107049, "energy": 44.897424, "activity_lines": [ 2.798667, 2.799091, 3.056857, 3.302602 ] }, { "date": "2024-04-12", "close": 2.51, "volume": 309117152, "typical_volume": 344683369.95, "trend": 3.497333, "fair_value": 3.475641, "relative_strength": -25.106322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.836868, "energy": 52.87033, "activity_lines": [ 2.703333, 2.743091, 2.97581, 3.236022 ] }, { "date": "2024-04-19", "close": 2.26, "volume": 276755316, "typical_volume": 334128440.0, "trend": 3.449667, "fair_value": 3.460192, "relative_strength": -32.482481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.600754, "energy": 69.016371, "activity_lines": [ 2.540667, 2.656727, 2.879714, 3.156194 ] }, { "date": "2024-04-26", "close": 2.24, "volume": 170576640, "typical_volume": 324803637.35, "trend": 3.406667, "fair_value": 3.442885, "relative_strength": -33.913371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.568513, "energy": 79.024978, "activity_lines": [ 2.411333, 2.572545, 2.79, 3.078151 ] }, { "date": "2024-05-03", "close": 2.31, "volume": 112415197, "typical_volume": 315123479.3, "trend": 3.365333, "fair_value": 3.427051, "relative_strength": -32.342976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.951011, "energy": 81.668379, "activity_lines": [ 2.345333, 2.505273, 2.716048, 3.007398 ] }, { "date": "2024-05-10", "close": 2.23, "volume": 166002314, "typical_volume": 307403594.4, "trend": 3.311333, "fair_value": 3.411346, "relative_strength": -35.183678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.477967, "energy": 87.441154, "activity_lines": [ 2.276, 2.434, 2.642048, 2.934151 ] }, { "date": "2024-05-17", "close": 2.3, "volume": 280383426, "typical_volume": 274675362.95, "trend": 3.265333, "fair_value": 3.398718, "relative_strength": -32.482693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.719911, "energy": 83.588535, "activity_lines": [ 2.272667, 2.388, 2.584667, 2.868903 ] }, { "date": "2024-05-24", "close": 2.23, "volume": 360107374, "typical_volume": 263354327.65, "trend": 3.207667, "fair_value": 3.386731, "relative_strength": -31.844263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.263751, "energy": 78.210015, "activity_lines": [ 2.26, 2.337455, 2.529952, 2.802108 ] }, { "date": "2024-05-31", "close": 2.32, "volume": 596153610, "typical_volume": 279598790.65, "trend": 3.145667, "fair_value": 3.379103, "relative_strength": -28.15618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.51708, "energy": 58.479324, "activity_lines": [ 2.279333, 2.314727, 2.491, 2.744839 ] }, { "date": "2024-06-07", "close": 1.73, "volume": 532850687, "typical_volume": 295342355.0, "trend": 3.055333, "fair_value": 3.368846, "relative_strength": -45.200745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.287797, "energy": 69.06827, "activity_lines": [ 2.096667, 2.194182, 2.40181, 2.653505 ] }, { "date": "2024-06-14", "close": 1.69, "volume": 271411535, "typical_volume": 295942391.7, "trend": 2.968, "fair_value": 3.363205, "relative_strength": -45.926482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.430289, "energy": 71.459986, "activity_lines": [ 1.939333, 2.083273, 2.317762, 2.565419 ] }, { "date": "2024-06-21", "close": 1.4, "volume": 307936487, "typical_volume": 293835001.15, "trend": 2.869667, "fair_value": 3.359423, "relative_strength": -53.778791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.230303, "energy": 86.865304, "activity_lines": [ 1.721333, 1.941091, 2.213, 2.464258 ] }, { "date": "2024-06-28", "close": 1.31, "volume": 385766829, "typical_volume": 299819495.3, "trend": 2.78, "fair_value": 3.355385, "relative_strength": -55.215887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.520318, "energy": 93.87394, "activity_lines": [ 1.533333, 1.802727, 2.108905, 2.363634 ] }, { "date": "2024-07-05", "close": 1.41, "volume": 312083176, "typical_volume": 304502493.1, "trend": 2.688667, "fair_value": 3.348526, "relative_strength": -50.490728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.943464, "energy": 88.68058, "activity_lines": [ 1.44, 1.699818, 2.020381, 2.275247 ] }, { "date": "2024-07-12", "close": 1.38, "volume": 223494895, "typical_volume": 296718846.1, "trend": 2.604667, "fair_value": 3.341474, "relative_strength": -51.958549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.213942, "energy": 87.948526, "activity_lines": [ 1.397333, 1.606545, 1.934048, 2.190817 ] }, { "date": "2024-07-19", "close": 1.37, "volume": 159845700, "typical_volume": 281863926.5, "trend": 2.506333, "fair_value": 3.335128, "relative_strength": -52.075703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.909809, "energy": 84.558734, "activity_lines": [ 1.374667, 1.528364, 1.853952, 2.111161 ] }, { "date": "2024-07-26", "close": 1.4, "volume": 168429276, "typical_volume": 277917044.45, "trend": 2.411, "fair_value": 3.327372, "relative_strength": -48.805264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.388703, "energy": 66.17198, "activity_lines": [ 1.383333, 1.471273, 1.784095, 2.039785 ] }, { "date": "2024-08-02", "close": 1.49, "volume": 335892388, "typical_volume": 283314486.25, "trend": 2.336, "fair_value": 3.322308, "relative_strength": -44.570785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.708905, "energy": 62.738106, "activity_lines": [ 1.422, 1.446909, 1.729238, 1.980366 ] }, { "date": "2024-08-09", "close": 1.5, "volume": 473869817, "typical_volume": 294429233.4, "trend": 2.267, "fair_value": 3.315833, "relative_strength": -42.55779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.389063, "energy": 52.899904, "activity_lines": [ 1.452, 1.437818, 1.681857, 1.92643 ] }, { "date": "2024-08-16", "close": 1.48, "volume": 255312335, "typical_volume": 297368360.4, "trend": 2.196, "fair_value": 3.308846, "relative_strength": -42.418682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.961097, "energy": 46.589442, "activity_lines": [ 1.469333, 1.44, 1.638952, 1.875656 ] }, { "date": "2024-08-23", "close": 1.38, "volume": 529400333, "typical_volume": 311390224.35, "trend": 2.137333, "fair_value": 3.302756, "relative_strength": -44.628922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.519488, "energy": 44.20853, "activity_lines": [ 1.446667, 1.428545, 1.592143, 1.823011 ] }, { "date": "2024-08-30", "close": 1.49, "volume": 214749000, "typical_volume": 306671816.75, "trend": 2.075667, "fair_value": 3.297949, "relative_strength": -40.661781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.237534, "energy": 39.400184, "activity_lines": [ 1.46, 1.442727, 1.562905, 1.781247 ] }, { "date": "2024-09-06", "close": 1.77, "volume": 385962145, "typical_volume": 312132158.2, "trend": 2.048667, "fair_value": 3.296218, "relative_strength": -26.79436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.384244, "energy": 28.106026, "activity_lines": [ 1.560667, 1.506182, 1.56519, 1.761527 ] }, { "date": "2024-09-13", "close": 2.01, "volume": 1654864577, "typical_volume": 386346555.05, "trend": 2.033333, "fair_value": 3.294423, "relative_strength": -14.694314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.98364, "energy": 17.711018, "activity_lines": [ 1.722667, 1.604909, 1.592667, 1.759032 ] }, { "date": "2024-09-20", "close": 1.73, "volume": 555411138, "typical_volume": 408496352.1, "trend": 1.994667, "fair_value": 3.291026, "relative_strength": -26.719803, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.772991, "energy": 22.216132, "activity_lines": [ 1.757333, 1.641818, 1.594571, 1.739462 ] }, { "date": "2024-09-27", "close": 2.43, "volume": 1660292929, "typical_volume": 483210882.85, "trend": 1.978333, "fair_value": 3.291474, "relative_strength": -12.108419, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.437508, "energy": 46.210504, "activity_lines": [ 2.008667, 1.799636, 1.665905, 1.767548 ] }, { "date": "2024-10-04", "close": 2.67, "volume": 464236213, "typical_volume": 492403522.2, "trend": 1.975667, "fair_value": 3.292821, "relative_strength": -12.182487, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.766455, "energy": 71.593652, "activity_lines": [ 2.27, 1.981818, 1.759143, 1.812172 ] }, { "date": "2024-10-11", "close": 2.58, "volume": 969769406, "typical_volume": 522886623.8, "trend": 1.966333, "fair_value": 3.292115, "relative_strength": -10.444774, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.720042, "energy": 72.367109, "activity_lines": [ 2.422667, 2.124545, 1.842048, 1.851161 ] }, { "date": "2024-10-18", "close": 3.04, "volume": 1630617722, "typical_volume": 574609829.4, "trend": 1.973, "fair_value": 3.29641, "relative_strength": 2.995301, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.822373, "energy": 81.696773, "activity_lines": [ 2.674667, 2.331091, 1.967095, 1.92043 ] }, { "date": "2024-10-25", "close": 2.94, "volume": 961892482, "typical_volume": 596061919.15, "trend": 1.982333, "fair_value": 3.300449, "relative_strength": -1.945552, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.11083, "energy": 86.74693, "activity_lines": [ 2.824667, 2.491455, 2.07919, 1.982817 ] }, { "date": "2024-11-01", "close": 2.89, "volume": 1266810939, "typical_volume": 645831889.35, "trend": 1.983, "fair_value": 3.304487, "relative_strength": -1.077957, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.538441, "energy": 71.118464, "activity_lines": [ 2.877333, 2.616182, 2.180762, 2.041376 ] }, { "date": "2024-11-08", "close": 3.26, "volume": 1169678684, "typical_volume": 688918999.2, "trend": 2.008, "fair_value": 3.310513, "relative_strength": 5.679616, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.4104, "energy": 72.135621, "activity_lines": [ 3.022667, 2.780727, 2.311857, 2.123763 ] }, { "date": "2024-11-15", "close": 3.01, "volume": 588116115, "typical_volume": 699036463.5, "trend": 2.033, "fair_value": 3.314487, "relative_strength": 2.404346, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.118044, "energy": 57.772868, "activity_lines": [ 3.045333, 2.867636, 2.410286, 2.188409 ] }, { "date": "2024-11-22", "close": 3.48, "volume": 952306002, "typical_volume": 731047604.8, "trend": 2.074333, "fair_value": 3.321731, "relative_strength": 22.798479, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.694425, "energy": 62.050313, "activity_lines": [ 3.196, 3.017455, 2.545381, 2.281763 ] }, { "date": "2024-11-29", "close": 4.66, "volume": 2078151250, "typical_volume": 823780422.55, "trend": 2.152667, "fair_value": 3.337051, "relative_strength": 61.383442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.645092, "energy": 82.420996, "activity_lines": [ 3.710667, 3.355091, 2.783, 2.448581 ] }, { "date": "2024-12-06", "close": 6.82, "volume": 2118698702, "typical_volume": 921723072.65, "trend": 2.305667, "fair_value": 3.365641, "relative_strength": 128.938658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.907941, "energy": 96.21227, "activity_lines": [ 4.830667, 4.032182, 3.210714, 2.749699 ] }, { "date": "2024-12-13", "close": 5.46, "volume": 2018366227, "typical_volume": 1014219920.2, "trend": 2.411, "fair_value": 3.385577, "relative_strength": 83.328646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.154177, "energy": 88.971577, "activity_lines": [ 5.235333, 4.382182, 3.482952, 2.953204 ] }, { "date": "2024-12-20", "close": 5.18, "volume": 1493022833, "typical_volume": 1072076442.45, "trend": 2.509333, "fair_value": 3.403269, "relative_strength": 74.695555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.498178, "energy": 84.910181, "activity_lines": [ 5.4, 4.630545, 3.70919, 3.131849 ] }, { "date": "2024-12-27", "close": 4.25, "volume": 1091395707, "typical_volume": 1102952736.95, "trend": 2.573667, "fair_value": 3.414872, "relative_strength": 43.779955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.521975, "energy": 63.200808, "activity_lines": [ 5.11, 4.662545, 3.829286, 3.244151 ] }, { "date": "2025-01-03", "close": 4.41, "volume": 1098887039, "typical_volume": 1145131472.15, "trend": 2.663, "fair_value": 3.423526, "relative_strength": 60.104874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.344018, "energy": 48.11123, "activity_lines": [ 4.822, 4.701636, 3.951524, 3.362624 ] }, { "date": "2025-01-10", "close": 4.49, "volume": 1617227717, "typical_volume": 1199522841.35, "trend": 2.756333, "fair_value": 3.428718, "relative_strength": 63.936783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.130005, "energy": 32.86251, "activity_lines": [ 4.577333, 4.728545, 4.067429, 3.480495 ] }, { "date": "2025-01-17", "close": 5.18, "volume": 1942007308, "typical_volume": 1285885756.75, "trend": 2.882333, "fair_value": 3.440064, "relative_strength": 80.978441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.332866, "energy": 32.246351, "activity_lines": [ 4.718, 4.851818, 4.234238, 3.63686 ] }, { "date": "2025-01-24", "close": 4.71, "volume": 1182878243, "typical_volume": 1325731561.65, "trend": 2.995667, "fair_value": 3.448462, "relative_strength": 61.352221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.252995, "energy": 29.51893, "activity_lines": [ 4.720667, 4.854727, 4.338714, 3.754774 ] }, { "date": "2025-01-31", "close": 4.25, "volume": 187436498, "typical_volume": 1252360157.7, "trend": 3.090333, "fair_value": 3.455641, "relative_strength": 47.180768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.3001, "energy": 26.690003, "activity_lines": [ 4.601333, 4.743091, 4.385381, 3.835699 ] }, { "date": "2025-02-07", "close": 4.46, "volume": 540016635, "typical_volume": 1251590432.55, "trend": 3.193, "fair_value": 3.463718, "relative_strength": 47.309795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.685604, "energy": 24.761971, "activity_lines": [ 4.552, 4.655636, 4.441381, 3.924065 ] }, { "date": "2025-02-14", "close": 4.62, "volume": 1279912348, "typical_volume": 1232571403.5, "trend": 3.301333, "fair_value": 3.473205, "relative_strength": 48.636736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.165699, "energy": 19.253708, "activity_lines": [ 4.552667, 4.600909, 4.499619, 4.016129 ] }, { "date": "2025-02-21", "close": 4.58, "volume": 830750082, "typical_volume": 1250897096.95, "trend": 3.407333, "fair_value": 3.482756, "relative_strength": 43.173287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.330149, "energy": 17.104128, "activity_lines": [ 4.531333, 4.578909, 4.543619, 4.098624 ] }, { "date": "2025-02-28", "close": 4.2, "volume": 572714968, "typical_volume": 1231044375.05, "trend": 3.497667, "fair_value": 3.488205, "relative_strength": 35.226453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.049668, "energy": 12.065263, "activity_lines": [ 4.423333, 4.503818, 4.542333, 4.149763 ] }, { "date": "2025-03-07", "close": 4.36, "volume": 677138612, "typical_volume": 1183370419.55, "trend": 3.593, "fair_value": 3.494423, "relative_strength": 36.395414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.352406, "energy": 12.204093, "activity_lines": [ 4.402667, 4.475636, 4.548571, 4.205398 ] }, { "date": "2025-03-14", "close": 4.25, "volume": 441186812, "typical_volume": 1157335136.05, "trend": 3.685333, "fair_value": 3.500128, "relative_strength": 30.561323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.725899, "energy": 12.012125, "activity_lines": [ 4.338, 4.425455, 4.538048, 4.247785 ] }, { "date": "2025-03-21", "close": 4.01, "volume": 443626559, "typical_volume": 1116175917.05, "trend": 3.773, "fair_value": 3.505833, "relative_strength": 25.900337, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.005472, "energy": 11.629486, "activity_lines": [ 4.207333, 4.334545, 4.498429, 4.268731 ] }, { "date": "2025-03-28", "close": 3.8, "volume": 443543213, "typical_volume": 1079869143.5, "trend": 3.85, "fair_value": 3.510577, "relative_strength": 19.628132, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.018457, "energy": 26.40975, "activity_lines": [ 4.047333, 4.214182, 4.433476, 4.270473 ] }, { "date": "2025-04-04", "close": 2.97, "volume": 450275414, "typical_volume": 1072977108.45, "trend": 3.89, "fair_value": 3.511218, "relative_strength": -4.234818, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.506365, "energy": 58.795945, "activity_lines": [ 3.662667, 3.968, 4.286905, 4.213699 ] }, { "date": "2025-04-11", "close": 3.51, "volume": 625436237, "typical_volume": 1056633620.2, "trend": 3.94, "fair_value": 3.515962, "relative_strength": 18.643668, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.93688, "energy": 53.772084, "activity_lines": [ 3.54, 3.851636, 4.191952, 4.189183 ] }, { "date": "2025-04-18", "close": 3.46, "volume": 1659640208, "typical_volume": 1035708068.1, "trend": 3.997667, "fair_value": 3.518077, "relative_strength": 16.762394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.52746, "energy": 62.046328, "activity_lines": [ 3.457333, 3.739636, 4.092095, 4.158215 ] }, { "date": "2025-04-25", "close": 3.95, "volume": 1478836531, "typical_volume": 1003714959.55, "trend": 4.048333, "fair_value": 3.52391, "relative_strength": 30.142861, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.547609, "energy": 47.350702, "activity_lines": [ 3.590667, 3.734909, 4.044619, 4.15514 ] }, { "date": "2025-05-02", "close": 3.79, "volume": 990027518, "typical_volume": 952298024.1, "trend": 4.085667, "fair_value": 3.528333, "relative_strength": 23.983326, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.068856, "energy": 23.631107, "activity_lines": [ 3.674667, 3.713273, 3.995571, 4.138473 ] }, { "date": "2025-05-09", "close": 4.21, "volume": 1122281447, "typical_volume": 933760954.8, "trend": 4.14, "fair_value": 3.535128, "relative_strength": 33.08919, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.843205, "energy": 7.58254, "activity_lines": [ 3.899333, 3.782364, 3.994476, 4.146495 ] }, { "date": "2025-05-16", "close": 5.31, "volume": 2870696896, "typical_volume": 1022726014.25, "trend": 4.215667, "fair_value": 3.548526, "relative_strength": 64.115893, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.638377, "energy": 30.081752, "activity_lines": [ 4.408, 4.051273, 4.102762, 4.221978 ] }, { "date": "2025-05-23", "close": 4.52, "volume": 1580781714, "typical_volume": 1046820748.0, "trend": 4.268333, "fair_value": 3.558077, "relative_strength": 38.593457, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.62899, "energy": 24.31209, "activity_lines": [ 4.533333, 4.159273, 4.130762, 4.241613 ] }, { "date": "2025-05-30", "close": 4.85, "volume": 1502551975, "typical_volume": 1041086960.9, "trend": 4.333667, "fair_value": 3.570641, "relative_strength": 47.990938, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.256229, "energy": 30.927014, "activity_lines": [ 4.698, 4.322364, 4.189667, 4.27914 ] }, { "date": "2025-06-06", "close": 4.57, "volume": 736612207, "typical_volume": 980817205.85, "trend": 4.377333, "fair_value": 3.580256, "relative_strength": 35.399183, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.577622, "energy": 31.366002, "activity_lines": [ 4.709333, 4.419273, 4.22019, 4.294387 ] }, { "date": "2025-06-13", "close": 4.82, "volume": 2037782577, "typical_volume": 1023562422.55, "trend": 4.437667, "fair_value": 3.589295, "relative_strength": 41.269062, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.746808, "energy": 25.868458, "activity_lines": [ 4.752, 4.547636, 4.277429, 4.322946 ] }, { "date": "2025-06-20", "close": 4.51, "volume": 1101482912, "typical_volume": 1069264743.25, "trend": 4.472, "fair_value": 3.597756, "relative_strength": 31.506847, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.040328, "energy": 16.301967, "activity_lines": [ 4.650667, 4.586, 4.304619, 4.327613 ] }, { "date": "2025-06-27", "close": 4.71, "volume": 1163373563, "typical_volume": 1100432589.65, "trend": 4.473667, "fair_value": 3.606603, "relative_strength": 30.162933, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.065366, "energy": 16.530598, "activity_lines": [ 4.669333, 4.642545, 4.349619, 4.342968 ] }, { "date": "2025-07-04", "close": 4.77, "volume": 1043205138, "typical_volume": 1088597229.15, "trend": 4.405333, "fair_value": 3.615962, "relative_strength": 28.125876, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.934404, "energy": 17.935215, "activity_lines": [ 4.695333, 4.687273, 4.399143, 4.362086 ] }, { "date": "2025-07-11", "close": 6.03, "volume": 2348458803, "typical_volume": 1164482665.2, "trend": 4.424333, "fair_value": 3.634231, "relative_strength": 55.686364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.618527, "energy": 54.892595, "activity_lines": [ 5.146667, 4.946182, 4.567952, 4.466903 ] }, { "date": "2025-07-18", "close": 5.53, "volume": 1588773201, "typical_volume": 1215285576.85, "trend": 4.436, "fair_value": 3.649231, "relative_strength": 37.354861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.895317, "energy": 62.961247, "activity_lines": [ 5.334, 5.073455, 4.682238, 4.538237 ] }, { "date": "2025-07-25", "close": 5.57, "volume": 1152438718, "typical_volume": 1239050582.15, "trend": 4.48, "fair_value": 3.66359, "relative_strength": 32.871535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.685726, "energy": 68.531322, "activity_lines": [ 5.487333, 5.184, 4.794, 4.611398 ] }, { "date": "2025-08-01", "close": 5.29, "volume": 879203867, "typical_volume": 1260951434.9, "trend": 4.509333, "fair_value": 3.677436, "relative_strength": 26.236127, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.754108, "energy": 66.184683, "activity_lines": [ 5.476667, 5.238909, 4.873333, 4.663656 ] }, { "date": "2025-08-08", "close": 5.19, "volume": 507423520, "typical_volume": 1264141282.95, "trend": 4.532667, "fair_value": 3.690449, "relative_strength": 20.571833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.977127, "energy": 44.624118, "activity_lines": [ 5.394, 5.261636, 4.93819, 4.70757 ] }, { "date": "2025-08-15", "close": 5.21, "volume": 643692857, "typical_volume": 1274148765.15, "trend": 4.533667, "fair_value": 3.704423, "relative_strength": 14.235869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.435953, "energy": 34.216812, "activity_lines": [ 5.29, 5.281818, 4.999333, 4.751269 ] }, { "date": "2025-08-22", "close": 5.93, "volume": 1566656877, "typical_volume": 1329967838.3, "trend": 4.574333, "fair_value": 3.723013, "relative_strength": 22.429123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.717992, "energy": 41.900095, "activity_lines": [ 5.480667, 5.421273, 5.122333, 4.841355 ] }, { "date": "2025-08-29", "close": 5.66, "volume": 1759262469, "typical_volume": 1386659149.9, "trend": 4.621333, "fair_value": 3.740641, "relative_strength": 10.548351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.684775, "energy": 39.009757, "activity_lines": [ 5.554667, 5.491455, 5.205524, 4.911398 ] }, { "date": "2025-09-05", "close": 5.5, "volume": 730020789, "typical_volume": 1340178178.95, "trend": 4.656, "fair_value": 3.756603, "relative_strength": 7.203891, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.252449, "energy": 37.248625, "activity_lines": [ 5.569333, 5.511636, 5.263238, 4.968086 ] }, { "date": "2025-09-12", "close": 5.7, "volume": 945817002, "typical_volume": 1313527202.5, "trend": 4.692, "fair_value": 3.772564, "relative_strength": 7.276447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.332189, "energy": 45.956666, "activity_lines": [ 5.636667, 5.553818, 5.330286, 5.035441 ] }, { "date": "2025-09-19", "close": 5.87, "volume": 1605381653, "typical_volume": 1344294909.25, "trend": 4.735, "fair_value": 3.788397, "relative_strength": 8.048764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.528709, "energy": 41.000622, "activity_lines": [ 5.726667, 5.61, 5.40519, 5.111441 ] }, { "date": "2025-09-26", "close": 5.1, "volume": 962170900, "typical_volume": 1336289381.9, "trend": 4.765, "fair_value": 3.800128, "relative_strength": -7.664751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.296206, "energy": 23.099913, "activity_lines": [ 5.516, 5.529091, 5.396857, 5.134989 ] }, { "date": "2025-10-03", "close": 4.97, "volume": 195887400, "typical_volume": 1202548907.1, "trend": 4.785333, "fair_value": 3.810449, "relative_strength": -12.58827, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.752161, "energy": 12.945146, "activity_lines": [ 5.317333, 5.432364, 5.371905, 5.148215 ] }, { "date": "2025-10-10", "close": 5.01, "volume": 175670850, "typical_volume": 1132293363.9, "trend": 4.810667, "fair_value": 3.820769, "relative_strength": -11.237927, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.010527, "energy": 15.533922, "activity_lines": [ 5.178, 5.353818, 5.352381, 5.16271 ] }, { "date": "2025-10-17", "close": 4.79, "volume": 436838205, "typical_volume": 1079007675.4, "trend": 4.836667, "fair_value": 3.828718, "relative_strength": -11.018292, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -4.550141, "energy": 21.056637, "activity_lines": [ 4.998, 5.240364, 5.309571, 5.161376 ] }, { "date": "2025-10-24", "close": 4.92, "volume": 307914055, "typical_volume": 1057572767.8, "trend": 4.874, "fair_value": 3.840256, "relative_strength": -13.099368, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.008171, "energy": 24.470981, "activity_lines": [ 4.922, 5.157818, 5.279429, 5.166753 ] }, { "date": "2025-10-31", "close": 5.19, "volume": 967072615, "typical_volume": 1004037269.7, "trend": 4.948, "fair_value": 3.852308, "relative_strength": -9.396629, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.292828, "energy": 18.828006, "activity_lines": [ 4.999333, 5.129636, 5.273333, 5.18714 ] }, { "date": "2025-11-07", "close": 4.89, "volume": 434427018, "typical_volume": 970684475.0, "trend": 4.994, "fair_value": 3.855577, "relative_strength": -15.075908, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.633782, "energy": 26.669433, "activity_lines": [ 4.970667, 5.060364, 5.236905, 5.183398 ] }, { "date": "2025-11-14", "close": 4.86, "volume": 253480695, "typical_volume": 925189831.6, "trend": 5.040667, "fair_value": 3.858269, "relative_strength": -14.730884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.116462, "energy": 17.347006, "activity_lines": [ 4.937333, 4.999636, 5.19581, 5.174753 ] }, { "date": "2025-11-21", "close": 4.48, "volume": 324242653, "typical_volume": 889241707.35, "trend": 5.058333, "fair_value": 3.860833, "relative_strength": -17.236184, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.416964, "energy": 34.669036, "activity_lines": [ 4.787333, 4.881455, 5.11781, 5.138581 ] }, { "date": "2025-11-28", "close": 4.65, "volume": 239369420, "typical_volume": 783787238.2, "trend": 5.087, "fair_value": 3.864679, "relative_strength": -16.746044, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.024598, "energy": 50.521682, "activity_lines": [ 4.714667, 4.816364, 5.057381, 5.112237 ] }, { "date": "2025-12-05", "close": 4.38, "volume": 234020800, "typical_volume": 716049618.15, "trend": 5.092667, "fair_value": 3.868654, "relative_strength": -21.507263, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.551898, "energy": 72.137821, "activity_lines": [ 4.57, 4.724364, 4.97781, 5.066624 ] }, { "date": "2025-12-12", "close": 4.3, "volume": 212679171, "typical_volume": 669061640.8, "trend": 5.059, "fair_value": 3.870769, "relative_strength": -22.93689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.658215, "energy": 77.291075, "activity_lines": [ 4.452667, 4.630909, 4.896095, 5.015484 ] }, { "date": "2025-12-19", "close": 4.46, "volume": 319930314, "typical_volume": 641097963.15, "trend": 5.057, "fair_value": 3.873974, "relative_strength": -18.805062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.734002, "energy": 71.722819, "activity_lines": [ 4.428, 4.578727, 4.835667, 4.976839 ] }, { "date": "2025-12-26", "close": 4.6, "volume": 481147186, "typical_volume": 639784146.45, "trend": 5.048667, "fair_value": 3.870769, "relative_strength": -18.884746, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.927935, "energy": 66.700083, "activity_lines": [ 4.476667, 4.562, 4.792524, 4.947355 ] }, { "date": "2026-01-02", "close": 4.53, "volume": 356497486, "typical_volume": 625424377.9, "trend": 5.047333, "fair_value": 3.870641, "relative_strength": -19.241055, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.04906, "energy": 45.102151, "activity_lines": [ 4.494, 4.536, 4.745524, 4.913892 ] }, { "date": "2026-01-09", "close": 4.64, "volume": 381047426, "typical_volume": 566143905.35, "trend": 5.041333, "fair_value": 3.872628, "relative_strength": -20.286908, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.340374, "energy": 30.962407, "activity_lines": [ 4.556, 4.537091, 4.712238, 4.887613 ] }, { "date": "2026-01-16", "close": 4.6, "volume": 1029963424, "typical_volume": 529678953.1, "trend": 5.044333, "fair_value": 3.868013, "relative_strength": -21.17451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.945351, "energy": 24.988554, "activity_lines": [ 4.587333, 4.540909, 4.681286, 4.85914 ] }, { "date": "2026-01-23", "close": 4.26, "volume": 532431498, "typical_volume": 519799488.55, "trend": 5.029333, "fair_value": 3.861154, "relative_strength": -27.245763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.956812, "energy": 37.563063, "activity_lines": [ 4.485333, 4.488182, 4.623, 4.808538 ] }, { "date": "2026-01-30", "close": 4.06, "volume": 271902050, "typical_volume": 486103740.95, "trend": 5.005667, "fair_value": 3.851282, "relative_strength": -29.07417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.763098, "energy": 49.188923, "activity_lines": [ 4.33, 4.41, 4.551571, 4.746 ] }, { "date": "2026-02-06", "close": 3.99, "volume": 281635400, "typical_volume": 419916428.3, "trend": 4.937667, "fair_value": 3.843974, "relative_strength": -28.336565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.643707, "energy": 70.945275, "activity_lines": [ 4.187333, 4.326727, 4.481286, 4.680473 ] }, { "date": "2026-02-13", "close": 3.96, "volume": 194984100, "typical_volume": 381557088.3, "trend": 4.885333, "fair_value": 3.836154, "relative_strength": -29.345768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.840238, "energy": 76.822383, "activity_lines": [ 4.070667, 4.25, 4.417095, 4.617398 ] }, { "date": "2026-02-27", "close": 4.05, "volume": 160169471, "typical_volume": 379771191.85, "trend": 4.834667, "fair_value": 3.829231, "relative_strength": -29.238631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.829523, "energy": 76.864761, "activity_lines": [ 4.029333, 4.197273, 4.366905, 4.563505 ] }, { "date": "2026-03-06", "close": 3.77, "volume": 296281120, "typical_volume": 385801705.35, "trend": 4.784, "fair_value": 3.8225, "relative_strength": -32.203506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.949058, "energy": 76.62099, "activity_lines": [ 3.931333, 4.098182, 4.294429, 4.494817 ] }, { "date": "2026-03-13", "close": 3.7, "volume": 229662105, "typical_volume": 375442900.35, "trend": 4.734333, "fair_value": 3.815513, "relative_strength": -33.500182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.576187, "energy": 75.31341, "activity_lines": [ 3.842667, 3.998909, 4.22119, 4.424882 ] }, { "date": "2026-03-20", "close": 3.5, "volume": 285872127, "typical_volume": 374340803.95, "trend": 4.677333, "fair_value": 3.807949, "relative_strength": -34.780315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.832549, "energy": 77.47217, "activity_lines": [ 3.711333, 3.879636, 4.134095, 4.345247 ] }, { "date": "2026-03-27", "close": 3.55, "volume": 241330898, "typical_volume": 338053718.1, "trend": 4.598, "fair_value": 3.800705, "relative_strength": -32.94931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.689683, "energy": 71.806547, "activity_lines": [ 3.629333, 3.788182, 4.058524, 4.272516 ] }, { "date": "2026-04-03", "close": 3.36, "volume": 196480190, "typical_volume": 326156376.7, "trend": 4.521333, "fair_value": 3.792628, "relative_strength": -34.251019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.278366, "energy": 81.234098, "activity_lines": [ 3.511333, 3.682, 3.972667, 4.192645 ] }, { "date": "2026-04-10", "close": 3.52, "volume": 224786132, "typical_volume": 324721648.55, "trend": 4.455333, "fair_value": 3.784167, "relative_strength": -35.593477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.098358, "energy": 67.616084, "activity_lines": [ 3.492667, 3.627455, 3.909333, 4.128043 ] }, { "date": "2026-04-17", "close": 3.48, "volume": 166882396, "typical_volume": 316853635.7, "trend": 4.381333, "fair_value": 3.77641, "relative_strength": -38.407247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.790323, "energy": 57.86161, "activity_lines": [ 3.477333, 3.579091, 3.848571, 4.065118 ] }, { "date": "2026-04-24", "close": 3.35, "volume": 190985217, "typical_volume": 314434425.55, "trend": 4.297333, "fair_value": 3.769423, "relative_strength": -40.535776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.652394, "energy": 61.256581, "activity_lines": [ 3.433333, 3.517636, 3.78019, 3.998581 ] }, { "date": "2026-05-01", "close": 3.65, "volume": 195520153, "typical_volume": 312509393.2, "trend": 4.249, "fair_value": 3.764808, "relative_strength": -35.411706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.741732, "energy": 49.488136, "activity_lines": [ 3.499333, 3.522364, 3.746571, 3.956817 ] }, { "date": "2026-05-08", "close": 4.13, "volume": 787288072, "typical_volume": 341239838.25, "trend": 4.221, "fair_value": 3.765897, "relative_strength": -28.629249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.582203, "energy": 20.750535, "activity_lines": [ 3.718667, 3.62, 3.762143, 3.94914 ] }, { "date": "2026-05-15", "close": 4.32, "volume": 1487851920, "typical_volume": 399635918.55, "trend": 4.198, "fair_value": 3.767179, "relative_strength": -24.796957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.080218, "energy": 15.915376, "activity_lines": [ 3.95, 3.750727, 3.796619, 3.955527 ] }, { "date": "2026-05-22", "close": 3.86, "volume": 564560409, "typical_volume": 403806579.7, "trend": 4.167, "fair_value": 3.764872, "relative_strength": -31.988134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.896306, "energy": 24.896812, "activity_lines": [ 3.974667, 3.787818, 3.787952, 3.93372 ] }, { "date": "2026-05-29", "close": 3.8, "volume": 577629933, "typical_volume": 414863202.05, "trend": 4.129667, "fair_value": 3.759038, "relative_strength": -32.226066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.729637, "energy": 19.841539, "activity_lines": [ 3.954, 3.811091, 3.777095, 3.910043 ] }, { "date": "2026-06-05", "close": 3.65, "volume": 90427400, "typical_volume": 400332200.75, "trend": 4.078333, "fair_value": 3.756218, "relative_strength": -32.91742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.708517, "energy": 15.195342, "activity_lines": [ 3.853333, 3.801636, 3.755429, 3.879097 ] }, { "date": "2026-06-12", "close": 3.5, "volume": 76390700, "typical_volume": 352653564.55, "trend": 4.032, "fair_value": 3.751923, "relative_strength": -33.389438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.163288, "energy": 27.94874, "activity_lines": [ 3.702667, 3.763091, 3.72419, 3.841785 ] }, { "date": "2026-06-19", "close": 3.25, "volume": 426801812, "typical_volume": 347372080.25, "trend": 3.978333, "fair_value": 3.747821, "relative_strength": -41.387609, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.16758, "energy": 50.631147, "activity_lines": [ 3.510667, 3.676545, 3.674381, 3.791333 ] }, { "date": "2026-06-26", "close": 3.1, "volume": 59436800, "typical_volume": 336748817.75, "trend": 3.932333, "fair_value": 3.743846, "relative_strength": -42.398013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.058486, "energy": 71.732644, "activity_lines": [ 3.34, 3.567636, 3.615095, 3.734667 ] }, { "date": "2026-07-03", "close": 3.06, "volume": 50308360, "typical_volume": 325182465.75, "trend": 3.879333, "fair_value": 3.739295, "relative_strength": -41.6197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.560809, "energy": 78.141046, "activity_lines": [ 3.206667, 3.458364, 3.556571, 3.678387 ] }, { "date": "2026-07-10", "close": 2.93, "volume": 307735600, "typical_volume": 330820040.75, "trend": 3.831, "fair_value": 3.735321, "relative_strength": -41.181079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.431369, "energy": 81.748678, "activity_lines": [ 3.079333, 3.330727, 3.490095, 3.61714 ] }, { "date": "2026-07-17", "close": 3.02, "volume": 651401092, "typical_volume": 355381621.8, "trend": 3.788333, "fair_value": 3.732308, "relative_strength": -32.093781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.089807, "energy": 73.111961, "activity_lines": [ 3.03, 3.232545, 3.437095, 3.564817 ] }, { "date": "2026-07-24", "close": 3.11, "volume": 662317676, "typical_volume": 373683449.6, "trend": 3.743333, "fair_value": 3.729359, "relative_strength": -29.23605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.801936, "energy": 57.725889, "activity_lines": [ 3.042667, 3.170909, 3.397571, 3.521054 ] }, { "date": "2026-07-31", "close": 3.35, "volume": 757365499, "typical_volume": 400068619.3, "trend": 3.701667, "fair_value": 3.728205, "relative_strength": -21.483578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.738415, "energy": 40.935064, "activity_lines": [ 3.144667, 3.174909, 3.384048, 3.495677 ] }, { "date": "2026-08-07", "close": 3.34, "volume": 496535255, "typical_volume": 410601775.7, "trend": 3.662, "fair_value": 3.723782, "relative_strength": -24.578135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.795912, "energy": 27.55104, "activity_lines": [ 3.226667, 3.186364, 3.371238, 3.472344 ] } ], "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." } } }