{ "ticker": { "uuid": "cc631e2c-8ae3-43e5-81c1-5a554e302e6a", "symbol": "002360", "name": "Shanxi Tond Chemical 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 81.961, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.777, "architecture_energy": 36.714, "architecture_maturity": 12.213, "architecture_confidence": 92.088, "architecture_tenure": "New", "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": 25.74, "rotation_up": 20.38, "upward_expansion": 4.79, "deceleration": 51.35, "rotation_down": 48.41, "downward_expansion": 75.79 }, "activity_lines": [ 5.12, 5.178727, 5.479476, 5.640215 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.27, "trend_reference": 5.703667, "distance_from_trend": -0.076033, "trend_direction": "Improving", "fair_value": 5.532903, "distance_from_fair_value": -0.047516, "fair_value_direction": "Weakening", "relative_strength": -6.707922, "relative_strength_direction": "Improving", "price_momentum": 0.00381, "excess_performance": -0.00359, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.076033, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.009201, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.047516, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.144679, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.067079, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001863, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.00381, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.65708, "read": "Supply-led" } ], "volume": { "latest": 24825559, "relative_activity": 0.42013, "balance": 0.65708, "dry_up": 0.504747, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.112392, "annualized_volatility": 0.514254, "from_high_reference": -0.246066, "from_low_reference": 0.160793 }, "levels": { "trend_reference": 5.703667, "fair_value_reference": 5.532903, "structural_low": 4.56, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.011527, "positive_rate": 0.565217, "directional_follow_through": 0.434783, "median_excess_return": 0.019981, "regime_survival": 0.782609, "best_return": 0.169856, "worst_return": -0.186755, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.054092, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.032858, "regime_survival": 0.555556, "best_return": 0.411765, "worst_return": -0.183749, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.079665, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.085295, "regime_survival": 0.333333, "best_return": 0.296569, "worst_return": -0.289205, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.01948, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.175408, "regime_survival": 0.333333, "best_return": 0.286765, "worst_return": -0.412435, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-04-18", "tenure": "Established", "return": -0.099222, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.061834, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.053254, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.016791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-12", "tenure": "Developing", "return": -0.011299, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": -0.019763, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.005952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-12-19", "tenure": "Developing", "return": -0.042226, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.010183, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": 0.093458, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-04-24", "tenure": "Developing", "return": 0.037931, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-06-19", "tenure": "Developing", "return": -0.143087, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": 0.025424, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.319524, "volume": 14737200, "typical_volume": 17612983.9, "trend": 7.268801, "fair_value": 7.40639, "relative_strength": 4.071113, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.893061, "energy": 25.738878, "activity_lines": [ 7.322734, 7.262964, 7.170657, 7.217498 ] }, { "date": "2023-08-04", "close": 7.136536, "volume": 14360198, "typical_volume": 17495609.55, "trend": 7.281, "fair_value": 7.418997, "relative_strength": 0.117262, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.072624, "energy": 17.698593, "activity_lines": [ 7.271369, 7.23985, 7.168226, 7.208965 ] }, { "date": "2023-08-11", "close": 7.155797, "volume": 23704886, "typical_volume": 17891455.45, "trend": 7.27169, "fair_value": 7.426002, "relative_strength": 4.182058, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.902134, "energy": 7.73704, "activity_lines": [ 7.227709, 7.226541, 7.168868, 7.200887 ] }, { "date": "2023-08-18", "close": 7.117274, "volume": 16284869, "typical_volume": 17893061.9, "trend": 7.267517, "fair_value": 7.427216, "relative_strength": 6.765472, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.68925, "energy": 15.812644, "activity_lines": [ 7.17506, 7.209906, 7.167767, 7.190925 ] }, { "date": "2023-08-25", "close": 6.828345, "volume": 19828443, "typical_volume": 17993028.1, "trend": 7.249539, "fair_value": 7.42402, "relative_strength": 5.572307, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.004708, "energy": 33.649004, "activity_lines": [ 7.044721, 7.141264, 7.140663, 7.162591 ] }, { "date": "2023-09-01", "close": 6.943917, "volume": 18356200, "typical_volume": 17734266.0, "trend": 7.228351, "fair_value": 7.421686, "relative_strength": 3.789784, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.548893, "energy": 43.046155, "activity_lines": [ 6.988861, 7.101514, 7.125896, 7.142873 ] }, { "date": "2023-09-08", "close": 7.136536, "volume": 17565291, "typical_volume": 17649660.35, "trend": 7.209731, "fair_value": 7.420587, "relative_strength": 8.344414, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.426974, "energy": 38.6089, "activity_lines": [ 7.022249, 7.096611, 7.130528, 7.13695 ] }, { "date": "2023-09-15", "close": 7.040226, "volume": 10933731, "typical_volume": 17043351.2, "trend": 7.187901, "fair_value": 7.422465, "relative_strength": 8.1704, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.140718, "energy": 38.382339, "activity_lines": [ 7.023533, 7.074547, 7.125621, 7.126014 ] }, { "date": "2023-09-22", "close": 7.011333, "volume": 10510683, "typical_volume": 17140906.7, "trend": 7.16286, "fair_value": 7.422208, "relative_strength": 7.256808, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.081592, "energy": 21.404819, "activity_lines": [ 7.02289, 7.050382, 7.116678, 7.114623 ] }, { "date": "2023-09-29", "close": 6.847607, "volume": 17598905, "typical_volume": 17239596.45, "trend": 7.133325, "fair_value": 7.424435, "relative_strength": 5.294006, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.602348, "energy": 29.361714, "activity_lines": [ 6.974736, 7.003453, 7.090261, 7.094284 ] }, { "date": "2023-10-13", "close": 6.491262, "volume": 23099930, "typical_volume": 17770922.85, "trend": 7.098333, "fair_value": 7.426144, "relative_strength": 0.210932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.432874, "energy": 62.465698, "activity_lines": [ 6.806515, 6.90119, 7.029128, 7.05286 ] }, { "date": "2023-10-20", "close": 6.317905, "volume": 18980132, "typical_volume": 15765560.5, "trend": 7.062377, "fair_value": 7.429423, "relative_strength": 2.4482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.342198, "energy": 77.860603, "activity_lines": [ 6.610686, 6.782467, 6.952997, 7.00251 ] }, { "date": "2023-10-27", "close": 6.520155, "volume": 16524414, "typical_volume": 15661333.35, "trend": 7.027706, "fair_value": 7.435155, "relative_strength": 3.377851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.325048, "energy": 74.104027, "activity_lines": [ 6.536849, 6.7154, 6.901678, 6.967528 ] }, { "date": "2023-11-03", "close": 6.683881, "volume": 18883139, "typical_volume": 15912699.55, "trend": 7.002665, "fair_value": 7.439927, "relative_strength": 4.893122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.3935, "energy": 71.089372, "activity_lines": [ 6.552258, 6.68966, 6.869942, 6.945346 ] }, { "date": "2023-11-10", "close": 6.712774, "volume": 18104580, "typical_volume": 15995212.85, "trend": 6.989503, "fair_value": 7.445249, "relative_strength": 3.848811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.427288, "energy": 54.522318, "activity_lines": [ 6.599129, 6.677052, 6.843159, 6.926643 ] }, { "date": "2023-11-17", "close": 6.751298, "volume": 18271819, "typical_volume": 16416209.75, "trend": 6.975699, "fair_value": 7.451915, "relative_strength": 4.299913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.867625, "energy": 32.376723, "activity_lines": [ 6.66783, 6.67355, 6.822658, 6.911275 ] }, { "date": "2023-11-24", "close": 6.799452, "volume": 18320494, "typical_volume": 16779285.5, "trend": 6.967031, "fair_value": 7.458829, "relative_strength": 6.381298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.61598, "energy": 19.90266, "activity_lines": [ 6.735246, 6.682305, 6.807616, 6.899904 ] }, { "date": "2023-12-01", "close": 6.760929, "volume": 19897603, "typical_volume": 17167050.65, "trend": 6.96671, "fair_value": 7.465861, "relative_strength": 6.962703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.415532, "energy": 20.356682, "activity_lines": [ 6.757718, 6.690185, 6.790601, 6.886607 ] }, { "date": "2023-12-08", "close": 6.56831, "volume": 18040062, "typical_volume": 17379088.75, "trend": 6.965105, "fair_value": 7.468003, "relative_strength": 5.608238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.667885, "energy": 24.118145, "activity_lines": [ 6.699933, 6.668121, 6.757397, 6.860904 ] }, { "date": "2023-12-15", "close": 6.751298, "volume": 18268455, "typical_volume": 17613551.7, "trend": 6.967352, "fair_value": 7.470222, "relative_strength": 10.243071, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.849622, "energy": 20.478306, "activity_lines": [ 6.710848, 6.687383, 6.745565, 6.84711 ] }, { "date": "2023-12-22", "close": 6.809083, "volume": 23612292, "typical_volume": 18057306.3, "trend": 6.967352, "fair_value": 7.47409, "relative_strength": 12.8279, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.623754, "energy": 18.269577, "activity_lines": [ 6.738456, 6.718903, 6.742171, 6.836899 ] }, { "date": "2023-12-29", "close": 7.030595, "volume": 48133324, "typical_volume": 19745962.6, "trend": 6.952263, "fair_value": 7.479561, "relative_strength": 12.413975, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.830845, "energy": 5.57159, "activity_lines": [ 6.83605, 6.784918, 6.762305, 6.840979 ] }, { "date": "2024-01-05", "close": 6.934286, "volume": 34256412, "typical_volume": 20273538.9, "trend": 6.938138, "fair_value": 7.479176, "relative_strength": 15.383594, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.863807, "energy": 14.476786, "activity_lines": [ 6.886131, 6.820465, 6.77377, 6.83982 ] }, { "date": "2024-01-12", "close": 7.001702, "volume": 23273596, "typical_volume": 20622975.25, "trend": 6.933323, "fair_value": 7.476725, "relative_strength": 17.500715, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.305859, "energy": 24.269285, "activity_lines": [ 6.947127, 6.86074, 6.792711, 6.843921 ] }, { "date": "2024-01-19", "close": 6.789822, "volume": 28003245, "typical_volume": 21031715.35, "trend": 6.917592, "fair_value": 7.475171, "relative_strength": 16.257797, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.812224, "energy": 15.188675, "activity_lines": [ 6.908603, 6.856713, 6.792023, 6.834662 ] }, { "date": "2024-01-26", "close": 6.433476, "volume": 28977144, "typical_volume": 21562762.55, "trend": 6.900898, "fair_value": 7.468895, "relative_strength": 10.116256, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.678795, "energy": 21.204789, "activity_lines": [ 6.748729, 6.786494, 6.757581, 6.803429 ] }, { "date": "2024-02-02", "close": 5.354809, "volume": 34808544, "typical_volume": 22424925.2, "trend": 6.840866, "fair_value": 7.454608, "relative_strength": -0.45039, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.006283, "energy": 75.124172, "activity_lines": [ 6.25434, 6.525933, 6.622839, 6.703681 ] }, { "date": "2024-02-09", "close": 4.979202, "volume": 45736986, "typical_volume": 24165087.95, "trend": 6.766386, "fair_value": 7.441142, "relative_strength": -15.302787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.437203, "energy": 89.550171, "activity_lines": [ 5.746468, 6.223346, 6.46081, 6.583574 ] }, { "date": "2024-02-23", "close": 5.643738, "volume": 33855773, "typical_volume": 25332342.45, "trend": 6.707958, "fair_value": 7.429925, "relative_strength": -6.578196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.067882, "energy": 81.871581, "activity_lines": [ 5.590447, 6.073979, 6.371884, 6.511145 ] }, { "date": "2024-03-01", "close": 5.605215, "volume": 31559779, "typical_volume": 26030386.15, "trend": 6.64921, "fair_value": 7.416513, "relative_strength": -10.646853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.321074, "energy": 81.510506, "activity_lines": [ 5.512115, 5.934418, 6.285802, 6.44 ] }, { "date": "2024-03-08", "close": 5.470381, "volume": 23798234, "typical_volume": 26065301.35, "trend": 6.587571, "fair_value": 7.391331, "relative_strength": -11.994685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.124342, "energy": 74.789312, "activity_lines": [ 5.467813, 5.791179, 6.192794, 6.363947 ] }, { "date": "2024-03-15", "close": 5.740048, "volume": 21928412, "typical_volume": 26212715.35, "trend": 6.541022, "fair_value": 7.374823, "relative_strength": -9.852718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.322155, "energy": 47.705788, "activity_lines": [ 5.577606, 5.721311, 6.130331, 6.309268 ] }, { "date": "2024-03-22", "close": 5.97119, "volume": 25730221, "typical_volume": 26673005.7, "trend": 6.501535, "fair_value": 7.355289, "relative_strength": -5.664702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.040393, "energy": 33.999846, "activity_lines": [ 5.738764, 5.716933, 6.092632, 6.272505 ] }, { "date": "2024-03-29", "close": 5.96156, "volume": 17747186, "typical_volume": 26616208.05, "trend": 6.463011, "fair_value": 7.341053, "relative_strength": -4.106244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.982666, "energy": 26.33341, "activity_lines": [ 5.830579, 5.728315, 6.056631, 6.237668 ] }, { "date": "2024-04-05", "close": 6.231226, "volume": 16729700, "typical_volume": 26547464.05, "trend": 6.443107, "fair_value": 7.331288, "relative_strength": -1.288541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.800246, "energy": 21.221902, "activity_lines": [ 5.991094, 5.807639, 6.049752, 6.222714 ] }, { "date": "2024-04-12", "close": 6.154179, "volume": 21081000, "typical_volume": 26687923.1, "trend": 6.416783, "fair_value": 7.323526, "relative_strength": 0.738786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.030678, "energy": 21.334244, "activity_lines": [ 6.084194, 5.883111, 6.037828, 6.204073 ] }, { "date": "2024-04-19", "close": 5.730417, "volume": 91561642, "typical_volume": 30349980.5, "trend": 6.369912, "fair_value": 7.313231, "relative_strength": -6.779714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.49646, "energy": 19.770188, "activity_lines": [ 5.990453, 5.886613, 5.988389, 6.159792 ] }, { "date": "2024-04-26", "close": 5.672631, "volume": 41264724, "typical_volume": 31418336.55, "trend": 6.324325, "fair_value": 7.303966, "relative_strength": -9.497688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.071479, "energy": 19.300193, "activity_lines": [ 5.878091, 5.87278, 5.938537, 6.114806 ] }, { "date": "2024-05-03", "close": 5.374072, "volume": 29335160, "typical_volume": 31983091.45, "trend": 6.26975, "fair_value": 7.292788, "relative_strength": -15.225059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.967645, "energy": 38.184604, "activity_lines": [ 5.686115, 5.792055, 5.865434, 6.053499 ] }, { "date": "2024-05-10", "close": 5.672631, "volume": 65756147, "typical_volume": 34357476.05, "trend": 6.230584, "fair_value": 7.280721, "relative_strength": -11.804219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.210243, "energy": 49.596882, "activity_lines": [ 5.632823, 5.770517, 5.826451, 6.014975 ] }, { "date": "2024-05-17", "close": 5.663, "volume": 32616656, "typical_volume": 34807694.25, "trend": 6.202975, "fair_value": 7.268166, "relative_strength": -11.734213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.170186, "energy": 56.507877, "activity_lines": [ 5.613561, 5.746001, 5.791688, 5.978357 ] }, { "date": "2024-05-24", "close": 5.508904, "volume": 69372037, "typical_volume": 35869629.9, "trend": 6.176009, "fair_value": 7.254684, "relative_strength": -11.482233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.467169, "energy": 58.469779, "activity_lines": [ 5.575679, 5.689967, 5.747707, 5.933578 ] }, { "date": "2024-05-31", "close": 5.528166, "volume": 19753481, "typical_volume": 35144483.35, "trend": 6.142943, "fair_value": 7.242361, "relative_strength": -10.540287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.414994, "energy": 47.34856, "activity_lines": [ 5.558985, 5.641637, 5.712806, 5.891782 ] }, { "date": "2024-06-07", "close": 5.104405, "volume": 21916794, "typical_volume": 35076643.25, "trend": 6.090293, "fair_value": 7.227505, "relative_strength": -16.099004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.021684, "energy": 58.93713, "activity_lines": [ 5.410669, 5.524314, 5.644243, 5.824779 ] }, { "date": "2024-06-14", "close": 4.998465, "volume": 12989647, "typical_volume": 34325963.35, "trend": 6.03315, "fair_value": 7.211177, "relative_strength": -17.499026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.994275, "energy": 71.256723, "activity_lines": [ 5.245017, 5.403315, 5.574625, 5.754339 ] }, { "date": "2024-06-21", "close": 4.902155, "volume": 12547545, "typical_volume": 33504483.4, "trend": 5.971512, "fair_value": 7.196791, "relative_strength": -17.120697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.611636, "energy": 79.235746, "activity_lines": [ 5.092206, 5.287218, 5.504365, 5.681371 ] }, { "date": "2024-06-28", "close": 4.873262, "volume": 12659313, "typical_volume": 32397021.85, "trend": 5.907305, "fair_value": 7.180739, "relative_strength": -15.368392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.171814, "energy": 81.619302, "activity_lines": [ 4.980487, 5.188632, 5.438645, 5.610517 ] }, { "date": "2024-07-05", "close": 4.95994, "volume": 12250939, "typical_volume": 30722719.5, "trend": 5.847272, "fair_value": 7.167466, "relative_strength": -12.199027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.433917, "energy": 75.996872, "activity_lines": [ 4.940037, 5.12139, 5.383473, 5.549396 ] }, { "date": "2024-07-12", "close": 4.98, "volume": 14451722, "typical_volume": 29752516.95, "trend": 5.794329, "fair_value": 7.155124, "relative_strength": -13.200068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.85546, "energy": 62.007382, "activity_lines": [ 4.944155, 5.070754, 5.330304, 5.493443 ] }, { "date": "2024-07-19", "close": 4.84, "volume": 8894461, "typical_volume": 28619251.05, "trend": 5.730619, "fair_value": 7.139229, "relative_strength": -15.808929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.741899, "energy": 55.437542, "activity_lines": [ 4.9099, 5.001828, 5.266962, 5.431874 ] }, { "date": "2024-07-26", "close": 4.75, "volume": 8379758, "typical_volume": 27848327.25, "trend": 5.661983, "fair_value": 7.123067, "relative_strength": -14.138821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.203595, "energy": 55.650882, "activity_lines": [ 4.856209, 4.931677, 5.198692, 5.368608 ] }, { "date": "2024-08-02", "close": 4.82, "volume": 9358804, "typical_volume": 27219846.85, "trend": 5.588296, "fair_value": 7.106735, "relative_strength": -12.119168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.530207, "energy": 53.087343, "activity_lines": [ 4.835996, 4.890853, 5.140519, 5.314286 ] }, { "date": "2024-08-09", "close": 4.94, "volume": 11825348, "typical_volume": 26524603.2, "trend": 5.52182, "fair_value": 7.08784, "relative_strength": -8.020534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.480968, "energy": 50.779536, "activity_lines": [ 4.859333, 4.884374, 5.098156, 5.272461 ] }, { "date": "2024-08-16", "close": 4.39, "volume": 33148049, "typical_volume": 27294646.35, "trend": 5.434763, "fair_value": 7.065171, "relative_strength": -17.561349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.62042, "energy": 61.555169, "activity_lines": [ 4.700667, 4.788588, 5.008323, 5.19944 ] }, { "date": "2024-08-23", "close": 4.09, "volume": 13848633, "typical_volume": 27150593.0, "trend": 5.344769, "fair_value": 7.039283, "relative_strength": -21.233274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.280887, "energy": 88.979672, "activity_lines": [ 4.481333, 4.651245, 4.897402, 5.112681 ] }, { "date": "2024-08-30", "close": 4.3, "volume": 13640450, "typical_volume": 26778565.5, "trend": 5.273653, "fair_value": 7.01505, "relative_strength": -18.432215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.083022, "energy": 83.947654, "activity_lines": [ 4.382, 4.568603, 4.816677, 5.045277 ] }, { "date": "2024-09-06", "close": 4.2, "volume": 11377955, "typical_volume": 22769381.15, "trend": 5.23516, "fair_value": 6.987089, "relative_strength": -17.80163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.806272, "energy": 89.622526, "activity_lines": [ 4.279333, 4.478726, 4.735258, 4.976009 ] }, { "date": "2024-09-13", "close": 4.08, "volume": 9125997, "typical_volume": 21162444.8, "trend": 5.205186, "fair_value": 6.953605, "relative_strength": -18.296233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.388452, "energy": 90.021866, "activity_lines": [ 4.178, 4.379273, 4.649697, 4.901482 ] }, { "date": "2024-09-20", "close": 4.18, "volume": 7013415, "typical_volume": 20046357.55, "trend": 5.156395, "fair_value": 6.91928, "relative_strength": -16.791706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.915977, "energy": 75.922757, "activity_lines": [ 4.167333, 4.314, 4.581245, 4.835341 ] }, { "date": "2024-09-27", "close": 4.7, "volume": 18807104, "typical_volume": 17698905.4, "trend": 5.126221, "fair_value": 6.88761, "relative_strength": -20.10317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.347725, "energy": 50.572543, "activity_lines": [ 4.344, 4.357818, 4.568003, 4.805897 ] }, { "date": "2024-10-04", "close": 5.17, "volume": 13674694, "typical_volume": 16751807.3, "trend": 5.116208, "fair_value": 6.857779, "relative_strength": -20.092617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.521595, "energy": 15.513051, "activity_lines": [ 4.636667, 4.489636, 4.604154, 4.808721 ] }, { "date": "2024-10-11", "close": 4.89, "volume": 39743607, "typical_volume": 15270385.8, "trend": 5.087873, "fair_value": 6.827203, "relative_strength": -20.420408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.62773, "energy": 23.519259, "activity_lines": [ 4.778, 4.562909, 4.615985, 4.794127 ] }, { "date": "2024-10-18", "close": 4.89, "volume": 19645278, "typical_volume": 15264975.65, "trend": 5.051834, "fair_value": 6.794096, "relative_strength": -22.279439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.556873, "energy": 24.411304, "activity_lines": [ 4.873333, 4.634909, 4.630765, 4.781361 ] }, { "date": "2024-10-25", "close": 5.1, "volume": 25636814, "typical_volume": 15450976.65, "trend": 5.023115, "fair_value": 6.773201, "relative_strength": -20.489928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.785907, "energy": 29.066845, "activity_lines": [ 4.984667, 4.746, 4.668582, 4.784468 ] }, { "date": "2024-11-01", "close": 5.01, "volume": 30186832, "typical_volume": 16310835.9, "trend": 4.982408, "fair_value": 6.755556, "relative_strength": -20.1872, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.331239, "energy": 28.697051, "activity_lines": [ 5.004667, 4.827818, 4.69785, 4.783622 ] }, { "date": "2024-11-08", "close": 5.23, "volume": 37742758, "typical_volume": 17570596.55, "trend": 4.951602, "fair_value": 6.737347, "relative_strength": -21.426082, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.231408, "energy": 42.422003, "activity_lines": [ 5.077333, 4.932909, 4.748015, 4.799596 ] }, { "date": "2024-11-15", "close": 5.07, "volume": 31038035, "typical_volume": 18489532.65, "trend": 4.929588, "fair_value": 6.716197, "relative_strength": -20.389002, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.660444, "energy": 39.296197, "activity_lines": [ 5.092667, 4.992, 4.781381, 4.807235 ] }, { "date": "2024-11-22", "close": 5.45, "volume": 52359293, "typical_volume": 20494950.35, "trend": 4.922167, "fair_value": 6.686371, "relative_strength": -11.434757, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.520667, "energy": 46.855213, "activity_lines": [ 5.222667, 5.104364, 4.85, 4.84081 ] }, { "date": "2024-11-29", "close": 5.6, "volume": 88064237, "typical_volume": 24175576.1, "trend": 4.929698, "fair_value": 6.668496, "relative_strength": -10.001288, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.605518, "energy": 57.319205, "activity_lines": [ 5.365333, 5.219091, 4.930571, 4.884541 ] }, { "date": "2024-12-06", "close": 5.65, "volume": 47742882, "typical_volume": 26117997.15, "trend": 4.928943, "fair_value": 6.65446, "relative_strength": -10.202685, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.516211, "energy": 71.063808, "activity_lines": [ 5.491333, 5.317091, 5.012952, 4.931012 ] }, { "date": "2024-12-13", "close": 5.76, "volume": 42123709, "typical_volume": 27805194.7, "trend": 4.932177, "fair_value": 6.638042, "relative_strength": -7.327595, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.96297, "energy": 75.536552, "activity_lines": [ 5.611333, 5.417818, 5.101952, 4.984628 ] }, { "date": "2024-12-20", "close": 5.42, "volume": 29457438, "typical_volume": 28810126.4, "trend": 4.929213, "fair_value": 6.620618, "relative_strength": -11.63773, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.291515, "energy": 59.943164, "activity_lines": [ 5.582667, 5.446, 5.153762, 5.016101 ] }, { "date": "2024-12-27", "close": 5.11, "volume": 65726301, "typical_volume": 31505174.05, "trend": 4.915274, "fair_value": 6.599046, "relative_strength": -16.070359, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.008496, "energy": 37.086686, "activity_lines": [ 5.427333, 5.408182, 5.17319, 5.027765 ] }, { "date": "2025-01-03", "close": 4.7, "volume": 21947606, "typical_volume": 30945151.9, "trend": 4.901794, "fair_value": 6.573056, "relative_strength": -16.110686, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.833508, "energy": 14.159341, "activity_lines": [ 5.158, 5.291818, 5.152762, 5.013876 ] }, { "date": "2025-01-10", "close": 4.9, "volume": 25772500, "typical_volume": 31541345.25, "trend": 4.898512, "fair_value": 6.549273, "relative_strength": -10.848855, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.751668, "energy": 21.460614, "activity_lines": [ 5.015333, 5.219091, 5.149905, 5.01376 ] }, { "date": "2025-01-17", "close": 5.14, "volume": 129912887, "typical_volume": 37354967.1, "trend": 4.90644, "fair_value": 6.527091, "relative_strength": -8.995153, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.028511, "energy": 22.191661, "activity_lines": [ 5.002667, 5.192, 5.166048, 5.02934 ] }, { "date": "2025-01-24", "close": 4.81, "volume": 69566841, "typical_volume": 40264411.4, "trend": 4.904331, "fair_value": 6.500571, "relative_strength": -15.027359, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.833439, "energy": 15.60338, "activity_lines": [ 4.921333, 5.106545, 5.146762, 5.023118 ] }, { "date": "2025-01-31", "close": 4.86, "volume": 7570100, "typical_volume": 40186616.55, "trend": 4.901, "fair_value": 6.474309, "relative_strength": -12.203829, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.683678, "energy": 16.995557, "activity_lines": [ 4.897333, 5.034909, 5.129333, 5.020258 ] }, { "date": "2025-02-07", "close": 4.96, "volume": 19428749, "typical_volume": 40807383.25, "trend": 4.900333, "fair_value": 6.44943, "relative_strength": -13.356728, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.106417, "energy": 10.838376, "activity_lines": [ 4.923333, 4.992182, 5.117714, 5.024065 ] }, { "date": "2025-02-14", "close": 4.97, "volume": 27066813, "typical_volume": 41220368.7, "trend": 4.904667, "fair_value": 6.425725, "relative_strength": -14.271875, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.007307, "energy": 11.182442, "activity_lines": [ 4.935333, 4.962909, 5.103333, 5.028559 ] }, { "date": "2025-02-21", "close": 5.01, "volume": 28272575, "typical_volume": 41950262.75, "trend": 4.913333, "fair_value": 6.40308, "relative_strength": -14.97922, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.620285, "energy": 12.113397, "activity_lines": [ 4.956, 4.953273, 5.091476, 5.035355 ] }, { "date": "2025-02-28", "close": 5.04, "volume": 25668206, "typical_volume": 41246492.7, "trend": 4.920667, "fair_value": 6.38427, "relative_strength": -11.025925, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.573542, "energy": 9.960899, "activity_lines": [ 4.995333, 4.962727, 5.083238, 5.043527 ] }, { "date": "2025-03-07", "close": 5.18, "volume": 51754069, "typical_volume": 42851932.25, "trend": 4.928667, "fair_value": 6.362159, "relative_strength": -10.171414, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.206592, "energy": 16.097264, "activity_lines": [ 5.066, 5.004545, 5.087619, 5.060258 ] }, { "date": "2025-03-14", "close": 5.29, "volume": 32550515, "typical_volume": 43197617.3, "trend": 4.958667, "fair_value": 6.342234, "relative_strength": -9.009047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.937645, "energy": 23.518833, "activity_lines": [ 5.152, 5.065091, 5.101095, 5.08357 ] }, { "date": "2025-03-21", "close": 5.27, "volume": 34867320, "typical_volume": 43431641.7, "trend": 4.998, "fair_value": 6.323849, "relative_strength": -6.441498, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.195546, "energy": 27.032159, "activity_lines": [ 5.209333, 5.111273, 5.111762, 5.103656 ] }, { "date": "2025-03-28", "close": 5.18, "volume": 54596005, "typical_volume": 44274304.05, "trend": 5.027333, "fair_value": 6.306615, "relative_strength": -6.84821, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.13261, "energy": 26.663067, "activity_lines": [ 5.216667, 5.134364, 5.112619, 5.115398 ] }, { "date": "2025-04-04", "close": 5.11, "volume": 24715561, "typical_volume": 43958180.35, "trend": 5.057667, "fair_value": 6.291834, "relative_strength": -5.410494, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.544537, "energy": 24.934124, "activity_lines": [ 5.189333, 5.144, 5.107048, 5.120731 ] }, { "date": "2025-04-11", "close": 4.57, "volume": 45757380, "typical_volume": 43628084.7, "trend": 5.074, "fair_value": 6.275567, "relative_strength": -10.165979, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.655183, "energy": 19.26757, "activity_lines": [ 4.977333, 5.05, 5.049857, 5.089269 ] }, { "date": "2025-04-18", "close": 4.63, "volume": 23661013, "typical_volume": 40407923.5, "trend": 5.089, "fair_value": 6.259252, "relative_strength": -8.002156, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.156572, "energy": 57.282632, "activity_lines": [ 4.826, 4.972182, 5.002571, 5.060624 ] }, { "date": "2025-04-25", "close": 4.69, "volume": 17972800, "typical_volume": 38919419.4, "trend": 5.088667, "fair_value": 6.243446, "relative_strength": -7.645813, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.278957, "energy": 68.187885, "activity_lines": [ 4.738667, 4.911273, 4.965619, 5.034882 ] }, { "date": "2025-05-02", "close": 4.69, "volume": 18291614, "typical_volume": 37727814.65, "trend": 5.072667, "fair_value": 6.226899, "relative_strength": -7.18241, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.559143, "energy": 69.611597, "activity_lines": [ 4.69, 4.855455, 4.933238, 5.009161 ] }, { "date": "2025-05-09", "close": 4.98, "volume": 24276400, "typical_volume": 37468762.75, "trend": 5.075667, "fair_value": 6.215729, "relative_strength": -3.320384, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.471333, "energy": 54.380324, "activity_lines": [ 4.770667, 4.858182, 4.933571, 5.003183 ] }, { "date": "2025-05-16", "close": 5.02, "volume": 26545048, "typical_volume": 35509700.1, "trend": 5.08, "fair_value": 6.207471, "relative_strength": -2.717635, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.657615, "energy": 20.613996, "activity_lines": [ 4.873333, 4.869273, 4.93981, 4.999591 ] }, { "date": "2025-05-23", "close": 4.98, "volume": 33667864, "typical_volume": 36095713.0, "trend": 5.076, "fair_value": 6.201426, "relative_strength": -2.699926, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.797232, "energy": 16.251775, "activity_lines": [ 4.932667, 4.876, 4.942667, 4.99314 ] }, { "date": "2025-05-30", "close": 5.07, "volume": 54262600, "typical_volume": 37520218.0, "trend": 5.078, "fair_value": 6.19602, "relative_strength": 0.290027, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.000894, "energy": 16.531509, "activity_lines": [ 4.998667, 4.904727, 4.952762, 4.992753 ] }, { "date": "2025-06-06", "close": 5.28, "volume": 61343300, "typical_volume": 34091738.65, "trend": 5.079667, "fair_value": 6.190786, "relative_strength": 3.106735, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.395925, "energy": 18.177771, "activity_lines": [ 5.109333, 4.975273, 4.982048, 5.005785 ] }, { "date": "2025-06-13", "close": 5.31, "volume": 38297743, "typical_volume": 32528283.75, "trend": 5.087667, "fair_value": 6.184696, "relative_strength": 4.385977, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.794502, "energy": 27.321197, "activity_lines": [ 5.190667, 5.049455, 5.013524, 5.020645 ] }, { "date": "2025-06-20", "close": 5.02, "volume": 38332593, "typical_volume": 34066408.4, "trend": 5.073333, "fair_value": 6.1765, "relative_strength": -0.010752, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.3718, "energy": 17.940839, "activity_lines": [ 5.153333, 5.067273, 5.015, 5.01628 ] }, { "date": "2025-06-27", "close": 5.34, "volume": 46389259, "typical_volume": 35414433.9, "trend": 5.064667, "fair_value": 6.168564, "relative_strength": 2.677586, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.510585, "energy": 36.697438, "activity_lines": [ 5.222667, 5.135091, 5.04619, 5.033484 ] }, { "date": "2025-07-04", "close": 5.36, "volume": 40730704, "typical_volume": 36097628.45, "trend": 5.055, "fair_value": 6.160139, "relative_strength": 2.021425, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.590086, "energy": 36.363974, "activity_lines": [ 5.274667, 5.193636, 5.077476, 5.052538 ] }, { "date": "2025-07-11", "close": 5.45, "volume": 33822187, "typical_volume": 36375109.05, "trend": 5.044667, "fair_value": 6.150625, "relative_strength": 2.125476, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.846429, "energy": 55.868318, "activity_lines": [ 5.337333, 5.256364, 5.115476, 5.078022 ] }, { "date": "2025-07-18", "close": 5.31, "volume": 41407000, "typical_volume": 37162048.75, "trend": 5.041, "fair_value": 6.140892, "relative_strength": -2.268041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.05485, "energy": 54.757296, "activity_lines": [ 5.342, 5.279818, 5.138048, 5.09514 ] }, { "date": "2025-07-25", "close": 5.56, "volume": 295958050, "typical_volume": 49372247.8, "trend": 5.056, "fair_value": 6.128255, "relative_strength": 0.214746, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.304696, "energy": 52.272256, "activity_lines": [ 5.43, 5.342727, 5.183143, 5.128624 ] }, { "date": "2025-08-01", "close": 5.37, "volume": 89792232, "typical_volume": 52234333.65, "trend": 5.078333, "fair_value": 6.11656, "relative_strength": -1.366638, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.811827, "energy": 40.007798, "activity_lines": [ 5.418667, 5.361273, 5.208333, 5.148882 ] }, { "date": "2025-08-08", "close": 5.43, "volume": 60797841, "typical_volume": 53530859.7, "trend": 5.096, "fair_value": 6.10593, "relative_strength": -1.109257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.126281, "energy": 33.460565, "activity_lines": [ 5.425333, 5.383636, 5.238857, 5.17157 ] }, { "date": "2025-08-15", "close": 5.3, "volume": 49536280, "typical_volume": 53277873.45, "trend": 5.101333, "fair_value": 6.092305, "relative_strength": -7.421285, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.162679, "energy": 28.91316, "activity_lines": [ 5.384, 5.375818, 5.256238, 5.184731 ] }, { "date": "2025-08-22", "close": 5.46, "volume": 46613756, "typical_volume": 54372783.2, "trend": 5.123, "fair_value": 6.080014, "relative_strength": -8.609692, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.396055, "energy": 27.350804, "activity_lines": [ 5.406, 5.396727, 5.288286, 5.207871 ] }, { "date": "2025-08-29", "close": 5.14, "volume": 64817492, "typical_volume": 55325788.8, "trend": 5.132333, "fair_value": 6.067401, "relative_strength": -17.200625, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.523468, "energy": 14.35545, "activity_lines": [ 5.311333, 5.356727, 5.28819, 5.208968 ] }, { "date": "2025-09-05", "close": 5.19, "volume": 43925452, "typical_volume": 56339010.75, "trend": 5.14, "fair_value": 6.051404, "relative_strength": -15.346624, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.174267, "energy": 14.806174, "activity_lines": [ 5.261333, 5.323636, 5.290143, 5.212688 ] }, { "date": "2025-09-12", "close": 5.25, "volume": 32511079, "typical_volume": 57065924.7, "trend": 5.149333, "fair_value": 6.036286, "relative_strength": -16.231307, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.404645, "energy": 14.404659, "activity_lines": [ 5.243333, 5.304182, 5.295143, 5.219785 ] }, { "date": "2025-09-19", "close": 5.06, "volume": 34613091, "typical_volume": 57881998.55, "trend": 5.151, "fair_value": 6.020073, "relative_strength": -19.753923, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.336032, "energy": 11.640255, "activity_lines": [ 5.174, 5.252182, 5.279381, 5.214022 ] }, { "date": "2025-09-26", "close": 4.96, "volume": 39791167, "typical_volume": 58657736.9, "trend": 5.148333, "fair_value": 6.003467, "relative_strength": -21.793124, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.624545, "energy": 27.014471, "activity_lines": [ 5.087333, 5.189091, 5.252333, 5.201699 ] }, { "date": "2025-10-03", "close": 5.04, "volume": 12287411, "typical_volume": 57944855.05, "trend": 5.143667, "fair_value": 5.985891, "relative_strength": -22.027368, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.673968, "energy": 29.497007, "activity_lines": [ 5.060667, 5.146909, 5.233, 5.19471 ] }, { "date": "2025-10-10", "close": 5.12, "volume": 14528651, "typical_volume": 56987894.4, "trend": 5.138, "fair_value": 5.973829, "relative_strength": -19.442093, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.936826, "energy": 29.180587, "activity_lines": [ 5.067333, 5.128727, 5.22119, 5.193183 ] }, { "date": "2025-10-17", "close": 5.07, "volume": 32240107, "typical_volume": 55886769.75, "trend": 5.131333, "fair_value": 5.961137, "relative_strength": -15.791965, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.798763, "energy": 21.899904, "activity_lines": [ 5.062, 5.106, 5.203952, 5.188796 ] }, { "date": "2025-10-24", "close": 5.21, "volume": 31020165, "typical_volume": 54370613.0, "trend": 5.132333, "fair_value": 5.952554, "relative_strength": -17.078824, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.339791, "energy": 6.125332, "activity_lines": [ 5.115333, 5.115273, 5.200048, 5.193871 ] }, { "date": "2025-10-31", "close": 5.21, "volume": 32518776, "typical_volume": 54081664.65, "trend": 5.135667, "fair_value": 5.94255, "relative_strength": -17.328913, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.171578, "energy": 4.697045, "activity_lines": [ 5.158667, 5.126182, 5.196476, 5.198882 ] }, { "date": "2025-11-07", "close": 5.41, "volume": 41511552, "typical_volume": 54240612.6, "trend": 5.163667, "fair_value": 5.933952, "relative_strength": -14.093101, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.472372, "energy": 23.477557, "activity_lines": [ 5.252, 5.178, 5.212429, 5.216581 ] }, { "date": "2025-11-14", "close": 5.58, "volume": 109967340, "typical_volume": 57419516.65, "trend": 5.195333, "fair_value": 5.92879, "relative_strength": -9.950689, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.236483, "energy": 42.31084, "activity_lines": [ 5.377333, 5.255818, 5.242714, 5.243441 ] }, { "date": "2025-11-21", "close": 5.03, "volume": 61352784, "typical_volume": 58450620.65, "trend": 5.206667, "fair_value": 5.915595, "relative_strength": -14.01084, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 22.775995, "energy": 18.3388, "activity_lines": [ 5.288667, 5.226545, 5.219476, 5.232774 ] }, { "date": "2025-11-28", "close": 5.3, "volume": 49599500, "typical_volume": 59239486.3, "trend": 5.227, "fair_value": 5.903822, "relative_strength": -12.07425, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.448648, "energy": 17.91072, "activity_lines": [ 5.292667, 5.250364, 5.223524, 5.238796 ] }, { "date": "2025-12-05", "close": 5.17, "volume": 41211053, "typical_volume": 59229688.95, "trend": 5.233333, "fair_value": 5.889611, "relative_strength": -14.838353, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.294542, "energy": 6.667314, "activity_lines": [ 5.247333, 5.246182, 5.215905, 5.235118 ] }, { "date": "2025-12-12", "close": 4.69, "volume": 52657201, "typical_volume": 47064646.5, "trend": 5.222333, "fair_value": 5.874299, "relative_strength": -22.798426, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.962467, "energy": 39.312595, "activity_lines": [ 5.044667, 5.150909, 5.163238, 5.200065 ] }, { "date": "2025-12-19", "close": 4.99, "volume": 52135320, "typical_volume": 45181800.9, "trend": 5.222667, "fair_value": 5.86023, "relative_strength": -16.669465, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.904571, "energy": 44.478251, "activity_lines": [ 4.99, 5.116545, 5.143286, 5.185075 ] }, { "date": "2025-12-26", "close": 4.91, "volume": 63198270, "typical_volume": 45301822.35, "trend": 5.217333, "fair_value": 5.844723, "relative_strength": -20.402335, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.310227, "energy": 51.437574, "activity_lines": [ 4.948, 5.07, 5.117524, 5.164903 ] }, { "date": "2026-01-02", "close": 4.84, "volume": 31241100, "typical_volume": 44387063.35, "trend": 5.202667, "fair_value": 5.830495, "relative_strength": -20.685913, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.089209, "energy": 58.780289, "activity_lines": [ 4.890667, 5.013636, 5.087571, 5.140559 ] }, { "date": "2026-01-09", "close": 4.96, "volume": 63978996, "typical_volume": 45255325.35, "trend": 5.191, "fair_value": 5.818765, "relative_strength": -21.647847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.812452, "energy": 39.200057, "activity_lines": [ 4.904, 4.985818, 5.071238, 5.124903 ] }, { "date": "2026-01-16", "close": 4.96, "volume": 62740209, "typical_volume": 45151461.2, "trend": 5.189, "fair_value": 5.807159, "relative_strength": -22.00038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.663091, "energy": 28.905139, "activity_lines": [ 4.931333, 4.962545, 5.057286, 5.11 ] }, { "date": "2026-01-23", "close": 5.35, "volume": 58067968, "typical_volume": 45858587.0, "trend": 5.189333, "fair_value": 5.793793, "relative_strength": -16.441938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.793485, "energy": 8.702112, "activity_lines": [ 5.070667, 5.018364, 5.081333, 5.120387 ] }, { "date": "2026-01-30", "close": 5.25, "volume": 66101429, "typical_volume": 47538104.5, "trend": 5.185667, "fair_value": 5.781021, "relative_strength": -16.258701, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.818618, "energy": 14.047815, "activity_lines": [ 5.152667, 5.060182, 5.095095, 5.124301 ] }, { "date": "2026-02-06", "close": 5.34, "volume": 79845734, "typical_volume": 49799736.65, "trend": 5.182, "fair_value": 5.768023, "relative_strength": -12.667352, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.710592, "energy": 13.578759, "activity_lines": [ 5.242, 5.114364, 5.117429, 5.134258 ] }, { "date": "2026-02-13", "close": 5.82, "volume": 135752161, "typical_volume": 54597786.35, "trend": 5.199, "fair_value": 5.756744, "relative_strength": -5.919119, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.097017, "energy": 44.412499, "activity_lines": [ 5.458, 5.255091, 5.184143, 5.175419 ] }, { "date": "2026-02-27", "close": 5.85, "volume": 84929868, "typical_volume": 58229909.2, "trend": 5.208667, "fair_value": 5.744916, "relative_strength": -7.799414, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.177817, "energy": 70.288218, "activity_lines": [ 5.626667, 5.389455, 5.249619, 5.217419 ] }, { "date": "2026-03-06", "close": 5.8, "volume": 91832944, "typical_volume": 62095123.85, "trend": 5.223, "fair_value": 5.732768, "relative_strength": -6.236849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.944545, "energy": 70.812929, "activity_lines": [ 5.719333, 5.493636, 5.306476, 5.25557 ] }, { "date": "2026-03-13", "close": 6.69, "volume": 165190409, "typical_volume": 68742638.95, "trend": 5.265, "fair_value": 5.725893, "relative_strength": 7.375587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.751689, "energy": 85.86693, "activity_lines": [ 6.078667, 5.744909, 5.444857, 5.350215 ] }, { "date": "2026-03-20", "close": 6.13, "volume": 148676610, "typical_volume": 74625461.2, "trend": 5.292667, "fair_value": 5.715613, "relative_strength": 1.507121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.69829, "energy": 74.688315, "activity_lines": [ 6.155333, 5.862, 5.52219, 5.406022 ] }, { "date": "2026-03-27", "close": 6.57, "volume": 115975811, "typical_volume": 78798312.95, "trend": 5.329667, "fair_value": 5.709388, "relative_strength": 9.705592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.663153, "energy": 77.522037, "activity_lines": [ 6.326, 6.035636, 5.637048, 5.48843 ] }, { "date": "2026-04-03", "close": 6.16, "volume": 64359915, "typical_volume": 79940731.1, "trend": 5.363667, "fair_value": 5.701461, "relative_strength": 6.124928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.259907, "energy": 67.57525, "activity_lines": [ 6.31, 6.105455, 5.706381, 5.542 ] }, { "date": "2026-04-10", "close": 6.48, "volume": 81769206, "typical_volume": 78530824.4, "trend": 5.406667, "fair_value": 5.694536, "relative_strength": 4.360307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.540232, "energy": 50.928203, "activity_lines": [ 6.38, 6.211636, 5.802619, 5.614022 ] }, { "date": "2026-04-17", "close": 6.35, "volume": 113342485, "typical_volume": 81130309.45, "trend": 5.443333, "fair_value": 5.687581, "relative_strength": -1.523982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.263929, "energy": 44.562047, "activity_lines": [ 6.361333, 6.273636, 5.88219, 5.674882 ] }, { "date": "2026-04-24", "close": 6.02, "volume": 165771907, "typical_volume": 86938929.8, "trend": 5.475333, "fair_value": 5.680609, "relative_strength": -6.692962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.136956, "energy": 30.034421, "activity_lines": [ 6.255333, 6.255636, 5.924048, 5.712086 ] }, { "date": "2026-05-01", "close": 6.22, "volume": 134769284, "typical_volume": 91616841.35, "trend": 5.517333, "fair_value": 5.674548, "relative_strength": -4.399767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.312205, "energy": 27.346605, "activity_lines": [ 6.223333, 6.261636, 5.981524, 5.760129 ] }, { "date": "2026-05-08", "close": 6.22, "volume": 61614035, "typical_volume": 92064683.05, "trend": 5.556667, "fair_value": 5.669167, "relative_strength": -6.894194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.602303, "energy": 22.547214, "activity_lines": [ 6.214667, 6.260364, 6.034, 5.805462 ] }, { "date": "2026-05-15", "close": 6.04, "volume": 79124963, "typical_volume": 93414165.2, "trend": 5.587333, "fair_value": 5.664484, "relative_strength": -9.152699, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.579688, "energy": 17.921822, "activity_lines": [ 6.142, 6.219636, 6.062048, 5.836645 ] }, { "date": "2026-05-22", "close": 6.15, "volume": 107423536, "typical_volume": 95625428.5, "trend": 5.623333, "fair_value": 5.661494, "relative_strength": -7.298846, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.642855, "energy": 17.514922, "activity_lines": [ 6.135333, 6.194545, 6.095571, 5.872946 ] }, { "date": "2026-05-29", "close": 6.06, "volume": 49609883, "typical_volume": 96543867.65, "trend": 5.651667, "fair_value": 5.657494, "relative_strength": -8.099911, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.810718, "energy": 14.990435, "activity_lines": [ 6.112, 6.162909, 6.114619, 5.901118 ] }, { "date": "2026-06-05", "close": 5.9, "volume": 10007431, "typical_volume": 93845289.4, "trend": 5.674667, "fair_value": 5.651667, "relative_strength": -8.507354, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.672889, "energy": 10.284311, "activity_lines": [ 6.032667, 6.103455, 6.112619, 5.91714 ] }, { "date": "2026-06-12", "close": 5.48, "volume": 8231828, "typical_volume": 91119870.35, "trend": 5.677, "fair_value": 5.638826, "relative_strength": -12.416359, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.063563, "energy": 10.307784, "activity_lines": [ 5.834667, 5.979818, 6.066143, 5.904581 ] }, { "date": "2026-06-19", "close": 5.33, "volume": 28162733, "typical_volume": 89624608.6, "trend": 5.668667, "fair_value": 5.625825, "relative_strength": -19.776457, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.996848, "energy": 33.614727, "activity_lines": [ 5.636, 5.841273, 6.002905, 5.882194 ] }, { "date": "2026-06-26", "close": 4.72, "volume": 4384600, "typical_volume": 86538767.15, "trend": 5.658333, "fair_value": 5.610273, "relative_strength": -27.154184, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.919297, "energy": 61.889636, "activity_lines": [ 5.281333, 5.612727, 5.881667, 5.820989 ] }, { "date": "2026-07-03", "close": 5.45, "volume": 3981225, "typical_volume": 82745541.7, "trend": 5.663333, "fair_value": 5.598659, "relative_strength": -14.228352, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.254865, "energy": 53.287903, "activity_lines": [ 5.265333, 5.546545, 5.832476, 5.807548 ] }, { "date": "2026-07-10", "close": 5.19, "volume": 33971724, "typical_volume": 77656519.85, "trend": 5.664, "fair_value": 5.587478, "relative_strength": -14.664838, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.899578, "energy": 54.936023, "activity_lines": [ 5.203333, 5.443455, 5.758, 5.777011 ] }, { "date": "2026-07-17", "close": 5.63, "volume": 39907799, "typical_volume": 75405416.4, "trend": 5.695333, "fair_value": 5.577697, "relative_strength": 2.097915, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.519234, "energy": 32.904563, "activity_lines": [ 5.335333, 5.439091, 5.728429, 5.774817 ] }, { "date": "2026-07-24", "close": 4.88, "volume": 31283200, "typical_volume": 72377929.2, "trend": 5.691667, "fair_value": 5.562738, "relative_strength": -11.378328, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.262671, "energy": 31.007611, "activity_lines": [ 5.207333, 5.309091, 5.628476, 5.722215 ] }, { "date": "2026-07-31", "close": 4.84, "volume": 23285692, "typical_volume": 65282693.35, "trend": 5.689333, "fair_value": 5.54635, "relative_strength": -10.226966, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.356284, "energy": 45.256161, "activity_lines": [ 5.096, 5.192909, 5.529095, 5.667269 ] }, { "date": "2026-08-07", "close": 5.27, "volume": 24825559, "typical_volume": 59090140.8, "trend": 5.703667, "fair_value": 5.532903, "relative_strength": -6.707922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.776838, "energy": 36.713949, "activity_lines": [ 5.12, 5.178727, 5.479476, 5.640215 ] } ], "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." } } }