{ "ticker": { "uuid": "d1d8da83-7ffc-4e69-8b60-98fbbd3586c6", "symbol": "603378", "name": "Asia Cuanon Technology (Shanghai) Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 85.683, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -39.823, "architecture_energy": 24.215, "architecture_maturity": 39.656, "architecture_confidence": 84.39, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 50.76, "rotation_up": 23.16, "upward_expansion": 6.36, "deceleration": 46.08, "rotation_down": 45.69, "downward_expansion": 72.7 }, "activity_lines": [ 5.207333, 5.245818, 5.27519, 5.440344 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 5.57, "trend_reference": 5.772333, "distance_from_trend": -0.035052, "trend_direction": "Weakening", "fair_value": 6.761178, "distance_from_fair_value": -0.176179, "fair_value_direction": "Improving", "relative_strength": -7.72676, "relative_strength_direction": "Improving", "price_momentum": -0.159879, "excess_performance": -0.116676, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.035052, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.096143, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.176179, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.192427, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077268, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.273228, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.159879, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.928755, "read": "Demand-led" } ], "volume": { "latest": 31708672, "relative_activity": 0.646783, "balance": 1.928755, "dry_up": 0.846303, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.134512, "annualized_volatility": 0.57794, "from_high_reference": -0.446322, "from_low_reference": 0.446753 }, "levels": { "trend_reference": 5.772333, "fair_value_reference": 6.761178, "structural_low": 3.85, "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": 33, "median_return": -0.014898, "positive_rate": 0.484848, "directional_follow_through": 0.515152, "median_excess_return": -0.011933, "regime_survival": 0.727273, "best_return": 0.58348, "worst_return": -0.178022, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.017323, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": 0.00727, "regime_survival": 0.538462, "best_return": 0.367734, "worst_return": -0.382086, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.060686, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.072094, "regime_survival": 0.25, "best_return": 0.278766, "worst_return": -0.4274, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.057214, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.185806, "regime_survival": 0.0, "best_return": 0.110236, "worst_return": -0.548086, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.059805, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.242303, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.050394, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-06-20", "tenure": "Established", "return": -0.158358, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.035235, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": -0.06462, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": 0.022414, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.317251, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.039781, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-27", "tenure": "Developing", "return": 0.018598, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.12037, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": -0.05026, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.012727, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.769132, "volume": 103878736, "typical_volume": 24923377.6, "trend": 10.600529, "fair_value": 17.482387, "relative_strength": 3.183899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.820113, "energy": 13.788812, "activity_lines": [ 9.733735, 9.378641, 9.381904, 9.865662 ] }, { "date": "2023-08-04", "close": 11.305107, "volume": 94548536, "typical_volume": 28833262.15, "trend": 10.599157, "fair_value": 17.376696, "relative_strength": 7.741825, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 22.340351, "energy": 35.993712, "activity_lines": [ 10.367821, 9.754486, 9.540657, 9.911118 ] }, { "date": "2023-08-11", "close": 10.332411, "volume": 32604557, "typical_volume": 29590964.5, "trend": 10.521079, "fair_value": 17.247817, "relative_strength": 1.417835, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.399707, "energy": 38.297281, "activity_lines": [ 10.521657, 9.912178, 9.606593, 9.893909 ] }, { "date": "2023-08-18", "close": 10.163678, "volume": 24588371, "typical_volume": 29343926.3, "trend": 10.414087, "fair_value": 17.097898, "relative_strength": 1.43192, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.247594, "energy": 35.979354, "activity_lines": [ 10.505114, 10.026135, 9.659928, 9.870851 ] }, { "date": "2023-08-25", "close": 9.67733, "volume": 22617124, "typical_volume": 29517503.45, "trend": 10.294491, "fair_value": 16.939033, "relative_strength": -1.388491, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -0.728669, "energy": 18.260274, "activity_lines": [ 10.227863, 10.030405, 9.667983, 9.823318 ] }, { "date": "2023-09-01", "close": 10.590473, "volume": 39045811, "typical_volume": 30523356.45, "trend": 10.24076, "fair_value": 16.799524, "relative_strength": 5.355841, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.032338, "energy": 17.836614, "activity_lines": [ 10.274843, 10.19043, 9.767438, 9.842413 ] }, { "date": "2023-09-08", "close": 11.126449, "volume": 57401480, "typical_volume": 32552895.05, "trend": 10.201943, "fair_value": 16.638408, "relative_strength": 10.776118, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 40.172528, "energy": 26.510146, "activity_lines": [ 10.512393, 10.411908, 9.916944, 9.899555 ] }, { "date": "2023-09-15", "close": 10.183529, "volume": 24435678, "typical_volume": 32683397.4, "trend": 10.133007, "fair_value": 16.466339, "relative_strength": 1.107951, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.535782, "energy": 18.314512, "activity_lines": [ 10.447547, 10.422643, 9.96926, 9.898367 ] }, { "date": "2023-09-22", "close": 10.173603, "volume": 26704481, "typical_volume": 33512680.35, "trend": 10.03553, "fair_value": 16.28811, "relative_strength": 0.278821, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.665697, "energy": 16.84307, "activity_lines": [ 10.389317, 10.403152, 10.018389, 9.900986 ] }, { "date": "2023-09-29", "close": 9.091727, "volume": 25594794, "typical_volume": 33955055.9, "trend": 9.905927, "fair_value": 16.135217, "relative_strength": -9.790532, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.553957, "energy": 8.337729, "activity_lines": [ 9.9698, 10.159888, 9.960788, 9.840095 ] }, { "date": "2023-10-13", "close": 8.724485, "volume": 26080485, "typical_volume": 34598681.05, "trend": 9.80443, "fair_value": 15.958852, "relative_strength": -12.879068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.860443, "energy": 27.798434, "activity_lines": [ 9.46691, 9.865914, 9.867326, 9.763873 ] }, { "date": "2023-10-20", "close": 8.426721, "volume": 15158890, "typical_volume": 34548992.0, "trend": 9.709736, "fair_value": 15.807346, "relative_strength": -12.970372, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.965129, "energy": 45.383431, "activity_lines": [ 8.989164, 9.554976, 9.747259, 9.674989 ] }, { "date": "2023-10-27", "close": 8.684783, "volume": 16119360, "typical_volume": 34175714.3, "trend": 9.630532, "fair_value": 15.661362, "relative_strength": -11.453839, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.609419, "energy": 55.167464, "activity_lines": [ 8.777421, 9.343293, 9.65466, 9.608863 ] }, { "date": "2023-11-03", "close": 8.734411, "volume": 15213045, "typical_volume": 33386437.7, "trend": 9.575616, "fair_value": 15.506386, "relative_strength": -11.460809, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.272669, "energy": 65.615419, "activity_lines": [ 8.682136, 9.17059, 9.571214, 9.551049 ] }, { "date": "2023-11-10", "close": 8.754261, "volume": 15894561, "typical_volume": 32951155.2, "trend": 9.513818, "fair_value": 15.367301, "relative_strength": -11.626118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.778694, "energy": 65.626599, "activity_lines": [ 8.689415, 9.027482, 9.490896, 9.498058 ] }, { "date": "2023-11-17", "close": 9.429193, "volume": 48369985, "typical_volume": 34685448.0, "trend": 9.482061, "fair_value": 15.263832, "relative_strength": -5.475537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -26.694045, "energy": 24.489085, "activity_lines": [ 8.944169, 9.023873, 9.476563, 9.492598 ] }, { "date": "2023-11-24", "close": 9.895691, "volume": 67979075, "typical_volume": 37170784.15, "trend": 9.492753, "fair_value": 15.170819, "relative_strength": -0.50374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 3.358174, "energy": 5.852435, "activity_lines": [ 9.307441, 9.126196, 9.502761, 9.519284 ] }, { "date": "2023-12-01", "close": 9.36964, "volume": 30455570, "typical_volume": 37865828.7, "trend": 9.481317, "fair_value": 15.068337, "relative_strength": -5.46173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.061926, "energy": 9.319189, "activity_lines": [ 9.397432, 9.15525, 9.474425, 9.511341 ] }, { "date": "2023-12-08", "close": 8.992474, "volume": 16900591, "typical_volume": 38073421.4, "trend": 9.467805, "fair_value": 14.965637, "relative_strength": -7.093951, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.219507, "energy": 11.993178, "activity_lines": [ 9.316043, 9.130527, 9.406601, 9.479803 ] }, { "date": "2023-12-15", "close": 9.0421, "volume": 20790047, "typical_volume": 36219058.85, "trend": 9.472349, "fair_value": 14.87093, "relative_strength": -5.51462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.549408, "energy": 18.805531, "activity_lines": [ 9.233993, 9.136302, 9.342038, 9.452338 ] }, { "date": "2023-12-22", "close": 8.416796, "volume": 16993989, "typical_volume": 31874821.5, "trend": 9.449817, "fair_value": 14.780572, "relative_strength": -10.587517, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.509391, "energy": 48.45802, "activity_lines": [ 8.924318, 9.029287, 9.222366, 9.384238 ] }, { "date": "2023-12-29", "close": 8.396945, "volume": 18846775, "typical_volume": 28089733.45, "trend": 9.428591, "fair_value": 14.68268, "relative_strength": -12.066523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.663003, "energy": 63.882913, "activity_lines": [ 8.67552, 8.924258, 9.112004, 9.316311 ] }, { "date": "2024-01-05", "close": 8.327467, "volume": 14805483, "typical_volume": 27199779.75, "trend": 9.385696, "fair_value": 14.601892, "relative_strength": -10.815526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.461687, "energy": 72.55464, "activity_lines": [ 8.503478, 8.807138, 9.008874, 9.245271 ] }, { "date": "2024-01-12", "close": 8.416796, "volume": 15348728, "typical_volume": 26737797.6, "trend": 9.366444, "fair_value": 14.523282, "relative_strength": -7.964742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.726417, "energy": 71.968338, "activity_lines": [ 8.430692, 8.712755, 8.923798, 9.182761 ] }, { "date": "2024-01-19", "close": 7.851044, "volume": 20244730, "typical_volume": 26619177.9, "trend": 9.324398, "fair_value": 14.445626, "relative_strength": -11.982182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.520385, "energy": 76.380913, "activity_lines": [ 8.207699, 8.521284, 8.79316, 9.084993 ] }, { "date": "2024-01-26", "close": 7.77164, "volume": 27275412, "typical_volume": 26030657.95, "trend": 9.296433, "fair_value": 14.368413, "relative_strength": -14.41421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.601817, "energy": 70.408643, "activity_lines": [ 8.037643, 8.331798, 8.663656, 8.984815 ] }, { "date": "2024-02-02", "close": 6.292746, "volume": 30686051, "typical_volume": 24694886.5, "trend": 9.207364, "fair_value": 14.290464, "relative_strength": -25.320679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.449797, "energy": 80.710859, "activity_lines": [ 7.417632, 7.903559, 8.406729, 8.791029 ] }, { "date": "2024-02-09", "close": 5.409379, "volume": 47321843, "typical_volume": 25839194.75, "trend": 9.10033, "fair_value": 14.193974, "relative_strength": -38.131065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.012648, "energy": 91.731798, "activity_lines": [ 6.643446, 7.380216, 8.088688, 8.545998 ] }, { "date": "2024-02-23", "close": 6.37215, "volume": 49979849, "typical_volume": 27002963.15, "trend": 9.023242, "fair_value": 14.106808, "relative_strength": -29.760251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.008662, "energy": 85.95743, "activity_lines": [ 6.384722, 7.103927, 7.885074, 8.369986 ] }, { "date": "2024-03-01", "close": 6.421777, "volume": 44965874, "typical_volume": 27971517.15, "trend": 8.904798, "fair_value": 14.002055, "relative_strength": -28.971473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.470615, "energy": 85.468322, "activity_lines": [ 6.27885, 6.884304, 7.704289, 8.20215 ] }, { "date": "2024-03-08", "close": 6.04461, "volume": 30531465, "typical_volume": 28194066.15, "trend": 8.747314, "fair_value": 13.883166, "relative_strength": -32.682678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.900788, "energy": 82.96351, "activity_lines": [ 6.142541, 6.643747, 7.500297, 8.017621 ] }, { "date": "2024-03-15", "close": 6.411851, "volume": 35868965, "typical_volume": 29229569.9, "trend": 8.584205, "fair_value": 13.750926, "relative_strength": -27.947854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.58042, "energy": 57.591263, "activity_lines": [ 6.24378, 6.513091, 7.344042, 7.866946 ] }, { "date": "2024-03-22", "close": 6.560734, "volume": 97287002, "typical_volume": 33287952.0, "trend": 8.458483, "fair_value": 13.621426, "relative_strength": -25.380568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.875075, "energy": 49.214187, "activity_lines": [ 6.386707, 6.445598, 7.211561, 7.7364 ] }, { "date": "2024-03-29", "close": 6.243119, "volume": 75745076, "typical_volume": 36314553.55, "trend": 8.327797, "fair_value": 13.49789, "relative_strength": -28.155658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.172588, "energy": 46.135742, "activity_lines": [ 6.347005, 6.352479, 7.058945, 7.593473 ] }, { "date": "2024-04-05", "close": 6.471405, "volume": 25680386, "typical_volume": 36803844.8, "trend": 8.220933, "fair_value": 13.376532, "relative_strength": -25.570612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.644472, "energy": 35.975505, "activity_lines": [ 6.392001, 6.340388, 6.939934, 7.473706 ] }, { "date": "2024-04-12", "close": 6.074386, "volume": 29648430, "typical_volume": 35867767.05, "trend": 8.070397, "fair_value": 13.243646, "relative_strength": -28.420223, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -52.033352, "energy": 37.857069, "activity_lines": [ 6.301348, 6.281197, 6.793982, 7.335219 ] }, { "date": "2024-04-19", "close": 5.597963, "volume": 35205247, "typical_volume": 34229075.65, "trend": 7.886114, "fair_value": 13.099617, "relative_strength": -34.408563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.921274, "energy": 46.715598, "activity_lines": [ 6.049903, 6.166242, 6.618632, 7.175707 ] }, { "date": "2024-04-26", "close": 5.895727, "volume": 23687429, "typical_volume": 33890668.6, "trend": 7.743187, "fair_value": 12.953005, "relative_strength": -30.8689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.643226, "energy": 43.921846, "activity_lines": [ 5.951972, 6.118058, 6.492106, 7.047295 ] }, { "date": "2024-05-03", "close": 5.776622, "volume": 26885888, "typical_volume": 34389933.45, "trend": 7.596621, "fair_value": 12.81247, "relative_strength": -32.127103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.631848, "energy": 47.02045, "activity_lines": [ 5.858672, 6.039376, 6.370779, 6.92042 ] }, { "date": "2024-05-10", "close": 6.014833, "volume": 78313089, "typical_volume": 37266085.55, "trend": 7.494058, "fair_value": 12.678607, "relative_strength": -29.942848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.03378, "energy": 49.226257, "activity_lines": [ 5.875876, 6.014833, 6.287452, 6.818369 ] }, { "date": "2024-05-17", "close": 6.818796, "volume": 83813155, "typical_volume": 40607043.85, "trend": 7.430535, "fair_value": 12.555014, "relative_strength": -20.195498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.140415, "energy": 27.179276, "activity_lines": [ 6.191506, 6.143864, 6.295109, 6.774804 ] }, { "date": "2024-05-24", "close": 6.074386, "volume": 64142577, "typical_volume": 42871833.95, "trend": 7.352124, "fair_value": 12.408655, "relative_strength": -27.017058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.835892, "energy": 24.390326, "activity_lines": [ 6.209372, 6.123472, 6.239479, 6.68731 ] }, { "date": "2024-05-31", "close": 5.498709, "volume": 37796698, "typical_volume": 44021394.7, "trend": 7.245922, "fair_value": 12.231927, "relative_strength": -33.420291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.086793, "energy": 34.349727, "activity_lines": [ 6.003584, 6.004547, 6.140083, 6.567735 ] }, { "date": "2024-06-07", "close": 5.230721, "volume": 29510067, "typical_volume": 44729461.65, "trend": 7.129132, "fair_value": 12.071117, "relative_strength": -35.418001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.521347, "energy": 41.579419, "activity_lines": [ 5.734935, 5.856206, 6.028634, 6.437722 ] }, { "date": "2024-06-14", "close": 5.191019, "volume": 16505665, "typical_volume": 44542508.4, "trend": 7.010357, "fair_value": 11.916389, "relative_strength": -34.917765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.821112, "energy": 62.171873, "activity_lines": [ 5.489445, 5.719054, 5.928576, 6.312682 ] }, { "date": "2024-06-21", "close": 5.032212, "volume": 13541547, "typical_volume": 43855815.15, "trend": 6.863791, "fair_value": 11.75984, "relative_strength": -35.663106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.852288, "energy": 74.37254, "activity_lines": [ 5.24594, 5.576308, 5.82606, 6.18506 ] }, { "date": "2024-06-28", "close": 5.022286, "volume": 15147946, "typical_volume": 43078909.9, "trend": 6.701344, "fair_value": 11.618039, "relative_strength": -34.598814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.782737, "energy": 77.465085, "activity_lines": [ 5.118232, 5.450706, 5.735644, 6.066253 ] }, { "date": "2024-07-05", "close": 5.071914, "volume": 13296447, "typical_volume": 41377640.1, "trend": 6.558087, "fair_value": 11.459305, "relative_strength": -33.077401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.352318, "energy": 70.71881, "activity_lines": [ 5.077207, 5.344593, 5.656004, 5.961129 ] }, { "date": "2024-07-12", "close": 5.528485, "volume": 23267943, "typical_volume": 40042044.8, "trend": 6.442621, "fair_value": 11.3148, "relative_strength": -27.064827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.321116, "energy": 45.290042, "activity_lines": [ 5.216825, 5.336472, 5.621454, 5.894703 ] }, { "date": "2024-07-19", "close": 5.81, "volume": 34517424, "typical_volume": 39519622.3, "trend": 6.334884, "fair_value": 11.19057, "relative_strength": -23.200606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.151222, "energy": 29.168122, "activity_lines": [ 5.430431, 5.384048, 5.617732, 5.853889 ] }, { "date": "2024-07-26", "close": 5.85, "volume": 25017058, "typical_volume": 39243901.95, "trend": 6.249324, "fair_value": 11.057317, "relative_strength": -19.826279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.364416, "energy": 19.175366, "activity_lines": [ 5.616105, 5.44262, 5.620733, 5.822606 ] }, { "date": "2024-08-02", "close": 6.66, "volume": 36537584, "typical_volume": 39277332.9, "trend": 6.191426, "fair_value": 10.938535, "relative_strength": -8.582325, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.847476, "energy": 18.844091, "activity_lines": [ 6.017259, 5.666079, 5.701804, 5.849101 ] }, { "date": "2024-08-09", "close": 7.67, "volume": 81285732, "typical_volume": 38477269.4, "trend": 6.16951, "fair_value": 10.828786, "relative_strength": 7.3686, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.198535, "energy": 52.442989, "activity_lines": [ 6.645899, 6.062528, 5.877883, 5.944493 ] }, { "date": "2024-08-16", "close": 6.72, "volume": 55547152, "typical_volume": 37467373.2, "trend": 6.11295, "fair_value": 10.720034, "relative_strength": -5.690544, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.67201, "energy": 58.442224, "activity_lines": [ 6.784667, 6.246771, 5.958204, 5.980008 ] }, { "date": "2024-08-23", "close": 6.52, "volume": 68378681, "typical_volume": 39602287.95, "trend": 6.068582, "fair_value": 10.621875, "relative_strength": -7.00339, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.274613, "energy": 59.296015, "activity_lines": [ 6.777333, 6.367572, 6.017207, 6.00627 ] }, { "date": "2024-08-30", "close": 6.59, "volume": 49927844, "typical_volume": 40616258.65, "trend": 6.029194, "fair_value": 10.531779, "relative_strength": -4.913237, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.919033, "energy": 64.436551, "activity_lines": [ 6.746, 6.476938, 6.082645, 6.039909 ] }, { "date": "2024-09-06", "close": 6.9, "volume": 44121801, "typical_volume": 41062086.35, "trend": 6.049436, "fair_value": 10.448543, "relative_strength": 2.848378, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.203796, "energy": 41.73708, "activity_lines": [ 6.768667, 6.614343, 6.175151, 6.09609 ] }, { "date": "2024-09-13", "close": 6.66, "volume": 35141322, "typical_volume": 41634781.0, "trend": 6.091123, "fair_value": 10.348019, "relative_strength": 2.280412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.762049, "energy": 33.686301, "activity_lines": [ 6.695333, 6.673972, 6.2386, 6.135482 ] }, { "date": "2024-09-20", "close": 6.24, "volume": 23699205, "typical_volume": 41475446.85, "trend": 6.086718, "fair_value": 10.244629, "relative_strength": -4.330015, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.838367, "energy": 23.839327, "activity_lines": [ 6.549333, 6.628364, 6.258409, 6.145087 ] }, { "date": "2024-09-27", "close": 6.91, "volume": 59723733, "typical_volume": 40545979.05, "trend": 6.102993, "fair_value": 10.144795, "relative_strength": -5.306109, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.93718, "energy": 27.118519, "activity_lines": [ 6.658667, 6.691636, 6.339822, 6.198202 ] }, { "date": "2024-10-04", "close": 7.4, "volume": 26103412, "typical_volume": 37660491.9, "trend": 6.148172, "fair_value": 10.067417, "relative_strength": -5.365213, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.695254, "energy": 37.722494, "activity_lines": [ 6.905333, 6.824, 6.463639, 6.281879 ] }, { "date": "2024-10-11", "close": 7.19, "volume": 86989327, "typical_volume": 38802829.4, "trend": 6.174111, "fair_value": 9.994741, "relative_strength": -4.115509, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.851833, "energy": 36.355048, "activity_lines": [ 7.028, 6.89, 6.564687, 6.349094 ] }, { "date": "2024-10-18", "close": 7.11, "volume": 111089062, "typical_volume": 42467447.6, "trend": 6.192419, "fair_value": 9.933123, "relative_strength": -5.955655, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.388868, "energy": 41.327937, "activity_lines": [ 7.104667, 6.931818, 6.652805, 6.409474 ] }, { "date": "2024-10-25", "close": 7.15, "volume": 70951262, "typical_volume": 44539507.35, "trend": 6.222649, "fair_value": 9.881855, "relative_strength": -6.006521, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.778531, "energy": 41.883503, "activity_lines": [ 7.164667, 6.991091, 6.737059, 6.471253 ] }, { "date": "2024-11-01", "close": 7.67, "volume": 111355640, "typical_volume": 49282006.1, "trend": 6.262602, "fair_value": 9.834573, "relative_strength": 2.137292, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.399898, "energy": 44.374653, "activity_lines": [ 7.337333, 7.137091, 6.861697, 6.564631 ] }, { "date": "2024-11-08", "close": 7.32, "volume": 74834214, "typical_volume": 52346639.45, "trend": 6.304122, "fair_value": 9.783873, "relative_strength": -7.020493, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.041114, "energy": 39.083364, "activity_lines": [ 7.342667, 7.198545, 6.941198, 6.63285 ] }, { "date": "2024-11-15", "close": 7.3, "volume": 138756362, "typical_volume": 58527060.25, "trend": 6.360857, "fair_value": 9.729781, "relative_strength": -3.328414, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.02123, "energy": 35.472334, "activity_lines": [ 7.346667, 7.243091, 7.007899, 6.6971 ] }, { "date": "2024-11-22", "close": 6.76, "volume": 47302410, "typical_volume": 60227358.4, "trend": 6.389666, "fair_value": 9.65648, "relative_strength": -7.943688, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.252777, "energy": 25.440181, "activity_lines": [ 7.163333, 7.182182, 7.012326, 6.722852 ] }, { "date": "2024-11-29", "close": 7.47, "volume": 48518674, "typical_volume": 61489894.95, "trend": 6.446112, "fair_value": 9.603435, "relative_strength": 0.782242, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.885524, "energy": 25.072865, "activity_lines": [ 7.24, 7.248545, 7.076333, 6.792551 ] }, { "date": "2024-12-06", "close": 7.21, "volume": 45050849, "typical_volume": 62016566.2, "trend": 6.485951, "fair_value": 9.547287, "relative_strength": -4.138981, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.502274, "energy": 20.059141, "activity_lines": [ 7.208667, 7.245273, 7.106333, 6.841834 ] }, { "date": "2024-12-13", "close": 7.22, "volume": 43872316, "typical_volume": 62959329.1, "trend": 6.499324, "fair_value": 9.482112, "relative_strength": -2.900532, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.937391, "energy": 17.522738, "activity_lines": [ 7.211333, 7.238364, 7.130619, 6.889192 ] }, { "date": "2024-12-20", "close": 7.62, "volume": 71609645, "typical_volume": 64712932.15, "trend": 6.550845, "fair_value": 9.420892, "relative_strength": 3.942344, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.612969, "energy": 30.760499, "activity_lines": [ 7.354, 7.307455, 7.186476, 6.961493 ] }, { "date": "2024-12-27", "close": 6.87, "volume": 47535963, "typical_volume": 63025443.7, "trend": 6.596555, "fair_value": 9.357127, "relative_strength": -6.455504, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.569811, "energy": 15.765046, "activity_lines": [ 7.225333, 7.232364, 7.166333, 6.982084 ] }, { "date": "2025-01-03", "close": 5.93, "volume": 33584045, "typical_volume": 61927288.35, "trend": 6.619864, "fair_value": 9.290599, "relative_strength": -13.760679, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.636409, "energy": 12.253578, "activity_lines": [ 6.776, 6.990727, 7.060476, 6.93908 ] }, { "date": "2025-01-10", "close": 5.66, "volume": 21817225, "typical_volume": 59599215.55, "trend": 6.635497, "fair_value": 9.209203, "relative_strength": -15.773332, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.605549, "energy": 50.960127, "activity_lines": [ 6.339333, 6.722182, 6.932667, 6.877154 ] }, { "date": "2025-01-17", "close": 6.28, "volume": 46987173, "typical_volume": 59452182.0, "trend": 6.677089, "fair_value": 9.135435, "relative_strength": -7.838318, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.587338, "energy": 50.280351, "activity_lines": [ 6.212667, 6.602909, 6.868, 6.854218 ] }, { "date": "2025-01-24", "close": 6.2, "volume": 28678117, "typical_volume": 58679997.8, "trend": 6.716347, "fair_value": 9.06024, "relative_strength": -8.590497, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.604019, "energy": 58.140762, "activity_lines": [ 6.122, 6.488, 6.79719, 6.823438 ] }, { "date": "2025-01-31", "close": 6.12, "volume": 3876549, "typical_volume": 57116759.15, "trend": 6.751283, "fair_value": 8.987535, "relative_strength": -9.053077, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.518066, "energy": 57.180431, "activity_lines": [ 6.099333, 6.378545, 6.722095, 6.784964 ] }, { "date": "2025-02-07", "close": 6.28, "volume": 14242890, "typical_volume": 56643943.4, "trend": 6.776333, "fair_value": 8.914941, "relative_strength": -7.828518, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.483339, "energy": 40.964842, "activity_lines": [ 6.18, 6.309818, 6.66481, 6.754559 ] }, { "date": "2025-02-14", "close": 6.35, "volume": 26325930, "typical_volume": 54974053.25, "trend": 6.794333, "fair_value": 8.850714, "relative_strength": -8.008652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.372147, "energy": 33.438527, "activity_lines": [ 6.260667, 6.275455, 6.614, 6.727054 ] }, { "date": "2025-02-21", "close": 6.58, "volume": 31919845, "typical_volume": 55264874.9, "trend": 6.818667, "fair_value": 8.780392, "relative_strength": -5.437527, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.320402, "energy": 23.003062, "activity_lines": [ 6.372, 6.298545, 6.587762, 6.713226 ] }, { "date": "2025-02-28", "close": 6.46, "volume": 26785513, "typical_volume": 52254684.2, "trend": 6.812, "fair_value": 8.721742, "relative_strength": -5.378878, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.671982, "energy": 18.418198, "activity_lines": [ 6.423333, 6.311455, 6.554, 6.690086 ] }, { "date": "2025-03-07", "close": 6.67, "volume": 20452612, "typical_volume": 47722861.7, "trend": 6.778667, "fair_value": 8.675315, "relative_strength": -3.793117, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.647542, "energy": 19.107501, "activity_lines": [ 6.527333, 6.383636, 6.543714, 6.680925 ] }, { "date": "2025-03-14", "close": 6.82, "volume": 39683671, "typical_volume": 46159482.15, "trend": 6.782, "fair_value": 8.637028, "relative_strength": -2.886985, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.897793, "energy": 16.451648, "activity_lines": [ 6.644667, 6.486727, 6.54981, 6.683591 ] }, { "date": "2025-03-21", "close": 6.71, "volume": 29093810, "typical_volume": 42046390.65, "trend": 6.788333, "fair_value": 8.601863, "relative_strength": -2.755061, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.564371, "energy": 13.416166, "activity_lines": [ 6.689333, 6.553636, 6.547, 6.678946 ] }, { "date": "2025-03-28", "close": 6.5, "volume": 29357706, "typical_volume": 39772565.25, "trend": 6.785333, "fair_value": 8.57053, "relative_strength": -5.31772, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.750398, "energy": 14.143498, "activity_lines": [ 6.64, 6.563273, 6.528762, 6.660344 ] }, { "date": "2025-04-04", "close": 6.66, "volume": 21258570, "typical_volume": 33897675.65, "trend": 6.777333, "fair_value": 8.542702, "relative_strength": -2.611442, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.058196, "energy": 11.516663, "activity_lines": [ 6.649333, 6.598, 6.529667, 6.652258 ] }, { "date": "2025-04-11", "close": 6.13, "volume": 39486765, "typical_volume": 33506893.4, "trend": 6.759667, "fair_value": 8.511433, "relative_strength": -7.385449, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.547078, "energy": 22.295214, "activity_lines": [ 6.468667, 6.528, 6.483143, 6.610495 ] }, { "date": "2025-04-18", "close": 6.68, "volume": 45516252, "typical_volume": 33356772.3, "trend": 6.774333, "fair_value": 8.487605, "relative_strength": -0.460602, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.471045, "energy": 15.163467, "activity_lines": [ 6.507333, 6.557818, 6.492, 6.605355 ] }, { "date": "2025-04-25", "close": 6.53, "volume": 25296408, "typical_volume": 32369050.25, "trend": 6.761667, "fair_value": 8.455116, "relative_strength": -3.303261, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.051316, "energy": 15.795159, "activity_lines": [ 6.505333, 6.553091, 6.490333, 6.589591 ] }, { "date": "2025-05-02", "close": 6.12, "volume": 43546997, "typical_volume": 32352784.3, "trend": 6.719, "fair_value": 8.422477, "relative_strength": -8.936583, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.490007, "energy": 29.268037, "activity_lines": [ 6.378667, 6.470545, 6.452857, 6.548194 ] }, { "date": "2025-05-09", "close": 6.49, "volume": 37432757, "typical_volume": 30643939.9, "trend": 6.695667, "fair_value": 8.40126, "relative_strength": -5.281923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.803473, "energy": 16.459821, "activity_lines": [ 6.400667, 6.463636, 6.455857, 6.533419 ] }, { "date": "2025-05-16", "close": 6.24, "volume": 24038836, "typical_volume": 29469083.55, "trend": 6.666667, "fair_value": 8.382964, "relative_strength": -9.35652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.045789, "energy": 29.035228, "activity_lines": [ 6.350667, 6.410727, 6.440429, 6.504022 ] }, { "date": "2025-05-23", "close": 6.35, "volume": 104743983, "typical_volume": 33027080.45, "trend": 6.64, "fair_value": 8.36781, "relative_strength": -7.171539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.771251, "energy": 26.930561, "activity_lines": [ 6.33, 6.385636, 6.438476, 6.483591 ] }, { "date": "2025-05-30", "close": 6.11, "volume": 39348573, "typical_volume": 33903647.85, "trend": 6.588, "fair_value": 8.352553, "relative_strength": -10.693302, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.13486, "energy": 28.28471, "activity_lines": [ 6.251333, 6.325455, 6.411667, 6.449398 ] }, { "date": "2025-06-06", "close": 6.21, "volume": 21678041, "typical_volume": 32638191.25, "trend": 6.551, "fair_value": 8.337719, "relative_strength": -10.34836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.15677, "energy": 31.101722, "activity_lines": [ 6.234, 6.294364, 6.392238, 6.425011 ] }, { "date": "2025-06-13", "close": 6.02, "volume": 31930045, "typical_volume": 32800787.65, "trend": 6.508333, "fair_value": 8.317056, "relative_strength": -12.934171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.378198, "energy": 37.769647, "activity_lines": [ 6.147333, 6.234, 6.355048, 6.390753 ] }, { "date": "2025-06-20", "close": 5.74, "volume": 21972724, "typical_volume": 33705596.4, "trend": 6.474333, "fair_value": 8.297252, "relative_strength": -16.584669, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.649814, "energy": 53.226572, "activity_lines": [ 5.998667, 6.134364, 6.292048, 6.341183 ] }, { "date": "2025-06-27", "close": 5.96, "volume": 32153340, "typical_volume": 34601118.9, "trend": 6.424, "fair_value": 8.27577, "relative_strength": -15.05311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.112303, "energy": 46.123691, "activity_lines": [ 5.956667, 6.081818, 6.25181, 6.308 ] }, { "date": "2025-07-04", "close": 6.02, "volume": 21605288, "typical_volume": 34365086.8, "trend": 6.384333, "fair_value": 8.254559, "relative_strength": -15.397727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.046175, "energy": 45.392422, "activity_lines": [ 5.960667, 6.053273, 6.21881, 6.281935 ] }, { "date": "2025-07-11", "close": 6.27, "volume": 42063440, "typical_volume": 34872266.55, "trend": 6.352667, "fair_value": 8.231481, "relative_strength": -12.773789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.209787, "energy": 30.986568, "activity_lines": [ 6.054, 6.079455, 6.21119, 6.274559 ] }, { "date": "2025-07-18", "close": 6.17, "volume": 64697761, "typical_volume": 36767878.95, "trend": 6.304333, "fair_value": 8.20303, "relative_strength": -14.592815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.474694, "energy": 17.644674, "activity_lines": [ 6.11, 6.084727, 6.195524, 6.262774 ] }, { "date": "2025-07-25", "close": 6.19, "volume": 68541840, "typical_volume": 39172340.35, "trend": 6.281667, "fair_value": 8.167833, "relative_strength": -15.487385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.867238, "energy": 15.362297, "activity_lines": [ 6.162667, 6.099455, 6.183143, 6.255398 ] }, { "date": "2025-08-01", "close": 5.98, "volume": 36850112, "typical_volume": 39030662.4, "trend": 6.283333, "fair_value": 8.136651, "relative_strength": -17.102461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.147279, "energy": 17.406241, "activity_lines": [ 6.115333, 6.076909, 6.153048, 6.235935 ] }, { "date": "2025-08-08", "close": 6.04, "volume": 29035925, "typical_volume": 39027768.15, "trend": 6.296, "fair_value": 8.111783, "relative_strength": -17.202193, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.675378, "energy": 18.014418, "activity_lines": [ 6.086667, 6.072, 6.132667, 6.220237 ] }, { "date": "2025-08-15", "close": 5.99, "volume": 32334940, "typical_volume": 39176629.85, "trend": 6.286333, "fair_value": 8.083819, "relative_strength": -18.700971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.963511, "energy": 26.714372, "activity_lines": [ 6.04, 6.059273, 6.110714, 6.200495 ] }, { "date": "2025-08-22", "close": 6.15, "volume": 28644566, "typical_volume": 39545929.65, "trend": 6.284667, "fair_value": 8.059278, "relative_strength": -18.81355, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.712272, "energy": 27.17555, "activity_lines": [ 6.065333, 6.079636, 6.106429, 6.191699 ] }, { "date": "2025-08-29", "close": 5.79, "volume": 43516528, "typical_volume": 39747417.8, "trend": 6.273667, "fair_value": 8.034511, "relative_strength": -23.596386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.400925, "energy": 41.058109, "activity_lines": [ 5.972, 6.032182, 6.070286, 6.159785 ] }, { "date": "2025-09-05", "close": 5.8, "volume": 32194821, "typical_volume": 39081346.25, "trend": 6.257667, "fair_value": 8.009114, "relative_strength": -21.807587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.754758, "energy": 46.058595, "activity_lines": [ 5.908667, 5.985636, 6.036714, 6.129226 ] }, { "date": "2025-09-12", "close": 5.88, "volume": 25071438, "typical_volume": 39070097.75, "trend": 6.242, "fair_value": 7.982085, "relative_strength": -21.183392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.459094, "energy": 44.351363, "activity_lines": [ 5.884, 5.956545, 6.014952, 6.10486 ] }, { "date": "2025-09-19", "close": 5.73, "volume": 28932362, "typical_volume": 38339366.0, "trend": 6.213667, "fair_value": 7.960339, "relative_strength": -21.568071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.451459, "energy": 55.757656, "activity_lines": [ 5.82, 5.902727, 5.982, 6.071828 ] }, { "date": "2025-09-26", "close": 5.56, "volume": 33483189, "typical_volume": 38141887.6, "trend": 6.183667, "fair_value": 7.937631, "relative_strength": -23.449662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.073002, "energy": 61.518518, "activity_lines": [ 5.716667, 5.827818, 5.934714, 6.029656 ] }, { "date": "2025-10-03", "close": 5.69, "volume": 8628979, "typical_volume": 37371394.75, "trend": 6.151, "fair_value": 7.915187, "relative_strength": -22.169296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.26984, "energy": 53.228891, "activity_lines": [ 5.696, 5.787636, 5.904238, 5.997806 ] }, { "date": "2025-10-10", "close": 5.98, "volume": 29227030, "typical_volume": 33595547.1, "trend": 6.123, "fair_value": 7.896369, "relative_strength": -17.914796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.487771, "energy": 34.149135, "activity_lines": [ 5.778667, 5.809273, 5.904, 5.986774 ] }, { "date": "2025-10-17", "close": 5.93, "volume": 72259805, "typical_volume": 35241108.7, "trend": 6.097, "fair_value": 7.881204, "relative_strength": -16.843303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.304053, "energy": 23.256045, "activity_lines": [ 5.832667, 5.821818, 5.900762, 5.974323 ] }, { "date": "2025-10-24", "close": 6.84, "volume": 46951140, "typical_volume": 36504763.65, "trend": 6.108333, "fair_value": 7.873324, "relative_strength": -6.344567, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.621933, "energy": 28.611475, "activity_lines": [ 6.186667, 6.001818, 5.985048, 6.022258 ] }, { "date": "2025-10-31", "close": 9.01, "volume": 279828809, "typical_volume": 48899701.85, "trend": 6.186667, "fair_value": 7.878786, "relative_strength": 23.312558, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.510884, "energy": 85.92939, "activity_lines": [ 7.19, 6.560909, 6.273, 6.209462 ] }, { "date": "2025-11-07", "close": 7.29, "volume": 174393562, "typical_volume": 56520743.75, "trend": 6.225333, "fair_value": 7.874232, "relative_strength": -0.989262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.21061, "energy": 76.379061, "activity_lines": [ 7.39, 6.755273, 6.382905, 6.280645 ] }, { "date": "2025-11-14", "close": 7.23, "volume": 140106343, "typical_volume": 61918393.9, "trend": 6.243667, "fair_value": 7.871312, "relative_strength": -1.238587, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.753529, "energy": 77.094621, "activity_lines": [ 7.463333, 6.911455, 6.479714, 6.345462 ] }, { "date": "2025-11-21", "close": 6.75, "volume": 89660065, "typical_volume": 65321132.75, "trend": 6.251, "fair_value": 7.860268, "relative_strength": -3.742463, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.441194, "energy": 68.367781, "activity_lines": [ 7.293333, 6.954364, 6.524762, 6.378129 ] }, { "date": "2025-11-28", "close": 7.0, "volume": 72454353, "typical_volume": 66840678.4, "trend": 6.280333, "fair_value": 7.845529, "relative_strength": -1.092606, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.796072, "energy": 34.646192, "activity_lines": [ 7.152, 7.026909, 6.590143, 6.426452 ] }, { "date": "2025-12-05", "close": 6.99, "volume": 124988252, "typical_volume": 69855202.95, "trend": 6.297, "fair_value": 7.827508, "relative_strength": -1.25234, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.246655, "energy": 22.602545, "activity_lines": [ 6.996667, 7.074545, 6.651095, 6.472237 ] }, { "date": "2025-12-12", "close": 6.85, "volume": 52470193, "typical_volume": 69051620.6, "trend": 6.317333, "fair_value": 7.801145, "relative_strength": -2.515427, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.113266, "energy": 17.344227, "activity_lines": [ 6.929333, 7.070727, 6.69481, 6.507914 ] }, { "date": "2025-12-19", "close": 6.66, "volume": 58533232, "typical_volume": 70135776.6, "trend": 6.327667, "fair_value": 7.77407, "relative_strength": -4.687685, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.060444, "energy": 16.145403, "activity_lines": [ 6.828, 7.011273, 6.717286, 6.530022 ] }, { "date": "2025-12-26", "close": 6.65, "volume": 36049407, "typical_volume": 70486450.7, "trend": 6.345667, "fair_value": 7.733116, "relative_strength": -6.245009, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.026391, "energy": 15.770303, "activity_lines": [ 6.761333, 6.937636, 6.735571, 6.550817 ] }, { "date": "2026-01-02", "close": 6.81, "volume": 28300412, "typical_volume": 70284724.3, "trend": 6.365667, "fair_value": 7.698675, "relative_strength": -3.979274, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.875041, "energy": 14.53507, "activity_lines": [ 6.754667, 6.88, 6.76619, 6.580774 ] }, { "date": "2026-01-09", "close": 6.91, "volume": 37475305, "typical_volume": 70726261.25, "trend": 6.395333, "fair_value": 7.664939, "relative_strength": -6.043115, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.595586, "energy": 14.365922, "activity_lines": [ 6.794, 6.841091, 6.802429, 6.615892 ] }, { "date": "2026-01-16", "close": 6.73, "volume": 41025324, "typical_volume": 70601701.05, "trend": 6.428333, "fair_value": 7.635347, "relative_strength": -7.783039, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.442294, "energy": 9.257248, "activity_lines": [ 6.778667, 6.807636, 6.817905, 6.637484 ] }, { "date": "2026-01-23", "close": 7.21, "volume": 47431890, "typical_volume": 71363554.5, "trend": 6.47, "fair_value": 7.600317, "relative_strength": -1.851087, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.892764, "energy": 19.854428, "activity_lines": [ 6.931333, 6.871636, 6.874619, 6.687914 ] }, { "date": "2026-01-30", "close": 6.63, "volume": 46849056, "typical_volume": 72452435.4, "trend": 6.490333, "fair_value": 7.55709, "relative_strength": -9.07885, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.861559, "energy": 14.997176, "activity_lines": [ 6.854, 6.830545, 6.869381, 6.698237 ] }, { "date": "2026-02-06", "close": 6.94, "volume": 37173600, "typical_volume": 72864497.3, "trend": 6.512667, "fair_value": 7.516544, "relative_strength": -3.398378, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 34.80496, "energy": 18.596248, "activity_lines": [ 6.881333, 6.848, 6.890095, 6.727247 ] }, { "date": "2026-02-13", "close": 7.05, "volume": 34704847, "typical_volume": 72925580.2, "trend": 6.542, "fair_value": 7.483515, "relative_strength": -2.082155, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.171596, "energy": 25.726886, "activity_lines": [ 6.936667, 6.886545, 6.915524, 6.761914 ] }, { "date": "2026-02-27", "close": 7.12, "volume": 31663820, "typical_volume": 74077322.25, "trend": 6.573, "fair_value": 7.450368, "relative_strength": -2.778408, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.915867, "energy": 25.52921, "activity_lines": [ 7.006, 6.936727, 6.940524, 6.799204 ] }, { "date": "2026-03-06", "close": 6.48, "volume": 47086521, "typical_volume": 74970296.8, "trend": 6.589667, "fair_value": 7.413371, "relative_strength": -10.320738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.58548, "energy": 6.70872, "activity_lines": [ 6.836, 6.865636, 6.897762, 6.793204 ] }, { "date": "2026-03-13", "close": 6.23, "volume": 29508377, "typical_volume": 72832725.4, "trend": 6.596, "fair_value": 7.369346, "relative_strength": -12.738144, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.511803, "energy": 15.060211, "activity_lines": [ 6.631333, 6.752364, 6.82881, 6.77 ] }, { "date": "2026-03-20", "close": 5.7, "volume": 37653446, "typical_volume": 72367840.7, "trend": 6.586333, "fair_value": 7.32268, "relative_strength": -16.861375, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.793702, "energy": 54.558499, "activity_lines": [ 6.276667, 6.550364, 6.707952, 6.712194 ] }, { "date": "2026-03-27", "close": 5.77, "volume": 40145650, "typical_volume": 60383682.75, "trend": 6.573667, "fair_value": 7.284222, "relative_strength": -14.414811, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.035832, "energy": 65.849587, "activity_lines": [ 6.028, 6.381273, 6.59919, 6.659527 ] }, { "date": "2026-04-03", "close": 5.08, "volume": 38355260, "typical_volume": 53581767.65, "trend": 6.55, "fair_value": 7.244559, "relative_strength": -23.457816, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.627447, "energy": 77.134796, "activity_lines": [ 5.634667, 6.107455, 6.440143, 6.563161 ] }, { "date": "2026-04-10", "close": 5.48, "volume": 33516538, "typical_volume": 48252277.4, "trend": 6.539333, "fair_value": 7.208784, "relative_strength": -19.066768, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.928644, "energy": 81.786601, "activity_lines": [ 5.510667, 5.936364, 6.329714, 6.494129 ] }, { "date": "2026-04-17", "close": 5.5, "volume": 36605993, "typical_volume": 45599573.8, "trend": 6.526667, "fair_value": 7.17749, "relative_strength": -19.59115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.587011, "energy": 77.8453, "activity_lines": [ 5.46, 5.800364, 6.229524, 6.427075 ] }, { "date": "2026-04-24", "close": 5.61, "volume": 30890749, "typical_volume": 43521393.6, "trend": 6.522667, "fair_value": 7.14545, "relative_strength": -17.935099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.336486, "energy": 67.083845, "activity_lines": [ 5.494667, 5.704909, 6.145762, 6.367935 ] }, { "date": "2026-05-01", "close": 5.21, "volume": 17457317, "typical_volume": 38144846.85, "trend": 6.511, "fair_value": 7.112297, "relative_strength": -23.758848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.247533, "energy": 55.078776, "activity_lines": [ 5.402, 5.560909, 6.030524, 6.283247 ] }, { "date": "2026-05-08", "close": 4.47, "volume": 851100, "typical_volume": 35563892.2, "trend": 6.470333, "fair_value": 7.079572, "relative_strength": -35.049581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.699129, "energy": 72.756729, "activity_lines": [ 5.1, 5.315818, 5.853286, 6.15157 ] }, { "date": "2026-05-15", "close": 5.37, "volume": 196235514, "typical_volume": 42449006.3, "trend": 6.45, "fair_value": 7.051735, "relative_strength": -20.534289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.021239, "energy": 52.429932, "activity_lines": [ 5.138667, 5.282545, 5.773095, 6.080581 ] }, { "date": "2026-05-22", "close": 5.46, "volume": 144229785, "typical_volume": 47858025.2, "trend": 6.434333, "fair_value": 7.026492, "relative_strength": -18.25511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.0425, "energy": 47.126898, "activity_lines": [ 5.214667, 5.285818, 5.707619, 6.01671 ] }, { "date": "2026-05-29", "close": 5.4, "volume": 96831286, "typical_volume": 51284568.9, "trend": 6.386333, "fair_value": 7.004019, "relative_strength": -17.717927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.99788, "energy": 40.041569, "activity_lines": [ 5.273333, 5.292182, 5.642095, 5.949978 ] }, { "date": "2026-06-05", "close": 5.62, "volume": 14494775, "typical_volume": 50135542.4, "trend": 6.273333, "fair_value": 6.981758, "relative_strength": -13.051879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.669453, "energy": 23.695735, "activity_lines": [ 5.419333, 5.344, 5.604238, 5.900538 ] }, { "date": "2026-06-12", "close": 5.29, "volume": 16839968, "typical_volume": 48926274.6, "trend": 6.206667, "fair_value": 6.95776, "relative_strength": -17.719146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.037523, "energy": 22.51797, "activity_lines": [ 5.428, 5.338545, 5.541095, 5.837097 ] }, { "date": "2026-06-19", "close": 5.08, "volume": 56219476, "typical_volume": 49365653.9, "trend": 6.135, "fair_value": 6.928694, "relative_strength": -21.61342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.930535, "energy": 28.178176, "activity_lines": [ 5.312, 5.291091, 5.46481, 5.764409 ] }, { "date": "2026-06-26", "close": 5.18, "volume": 14383633, "typical_volume": 47742382.75, "trend": 6.082667, "fair_value": 6.904243, "relative_strength": -18.397579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.458517, "energy": 31.537395, "activity_lines": [ 5.248667, 5.269091, 5.40819, 5.702796 ] }, { "date": "2026-07-03", "close": 5.41, "volume": 8214491, "typical_volume": 46294427.3, "trend": 6.029667, "fair_value": 6.880509, "relative_strength": -14.700475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.730898, "energy": 31.90834, "activity_lines": [ 5.280667, 5.294727, 5.380381, 5.659398 ] }, { "date": "2026-07-10", "close": 5.84, "volume": 69271809, "typical_volume": 48022775.4, "trend": 5.991333, "fair_value": 6.862749, "relative_strength": -6.514484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.366285, "energy": 12.609942, "activity_lines": [ 5.455333, 5.402182, 5.40081, 5.647161 ] }, { "date": "2026-07-17", "close": 5.15, "volume": 47197200, "typical_volume": 48799444.4, "trend": 5.934667, "fair_value": 6.838295, "relative_strength": -12.026141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.08852, "energy": 16.12735, "activity_lines": [ 5.385333, 5.372727, 5.361286, 5.592882 ] }, { "date": "2026-07-24", "close": 4.6, "volume": 50152404, "typical_volume": 48952738.55, "trend": 5.866, "fair_value": 6.812523, "relative_strength": -21.93143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.452246, "energy": 31.509986, "activity_lines": [ 5.141333, 5.230909, 5.278762, 5.506774 ] }, { "date": "2026-07-31", "close": 5.08, "volume": 36902491, "typical_volume": 49322444.25, "trend": 5.813667, "fair_value": 6.789415, "relative_strength": -13.76547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.331941, "energy": 27.592032, "activity_lines": [ 5.089333, 5.190364, 5.250905, 5.456065 ] }, { "date": "2026-08-07", "close": 5.57, "volume": 31708672, "typical_volume": 49025205.55, "trend": 5.772333, "fair_value": 6.761178, "relative_strength": -7.72676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.82313, "energy": 24.215184, "activity_lines": [ 5.207333, 5.245818, 5.27519, 5.440344 ] } ], "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." } } }