{ "ticker": { "uuid": "d22a271e-8a89-4b61-b69a-375b78960f32", "symbol": "300061", "name": "QITIAN Technology Group Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.1, "architecture_energy": 60.482, "architecture_maturity": 36.0, "architecture_confidence": 90.814, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 12.77, "rotation_up": 15.78, "upward_expansion": 11.31, "deceleration": 44.92, "rotation_down": 62.33, "downward_expansion": 82.31 }, "activity_lines": [ 6.314667, 6.595636, 7.571143, 8.082602 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 6.64, "trend_reference": 8.867, "distance_from_trend": -0.251156, "trend_direction": "Weakening", "fair_value": 9.242372, "distance_from_fair_value": -0.28157, "fair_value_direction": "Weakening", "relative_strength": -37.173571, "relative_strength_direction": "Weakening", "price_momentum": -0.426598, "excess_performance": -0.433997, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.251156, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.129377, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.28157, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.355828, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.371736, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.062733, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.426598, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.383471, "read": "Supply-led" } ], "volume": { "latest": 100236737, "relative_activity": 0.978063, "balance": 0.383471, "dry_up": 1.045003, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.168443, "annualized_volatility": 0.608998, "from_high_reference": -0.532394, "from_low_reference": 0.194245 }, "levels": { "trend_reference": 8.867, "fair_value_reference": 9.242372, "structural_low": 5.56, "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": 33, "median_return": -0.006519, "positive_rate": 0.484848, "directional_follow_through": 0.515152, "median_excess_return": -0.003875, "regime_survival": 0.757576, "best_return": 0.795977, "worst_return": -0.3125, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.003463, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.038877, "regime_survival": 0.5, "best_return": 2.664234, "worst_return": -0.329044, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.063539, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.066244, "regime_survival": 0.375, "best_return": 1.973236, "worst_return": -0.244485, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.015295, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.174409, "regime_survival": 0.75, "best_return": 1.255639, "worst_return": -0.113333, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-04-05", "tenure": "New", "return": -0.013514, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-07-26", "tenure": "Established", "return": 0.275949, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.108853, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-16", "end": "2024-12-27", "tenure": "Established", "return": 1.304839, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-14", "tenure": "Developing", "return": 0.160034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.134281, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.069643, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.019549, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": -0.006065, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-10-10", "tenure": "Developing", "return": -0.079716, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": -0.0506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-05-29", "tenure": "Extended", "return": -0.131776, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.139198, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.113485, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.5, "volume": 46121413, "typical_volume": 89524489.35, "trend": 7.078, "fair_value": 7.226859, "relative_strength": -7.086957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.320692, "energy": 64.990652, "activity_lines": [ 6.387333, 6.469273, 6.713619, 6.912581 ] }, { "date": "2023-08-04", "close": 6.96, "volume": 102565894, "typical_volume": 87434631.0, "trend": 7.087, "fair_value": 7.235192, "relative_strength": -1.799368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.313344, "energy": 26.702819, "activity_lines": [ 6.581333, 6.547091, 6.709429, 6.904968 ] }, { "date": "2023-08-11", "close": 6.55, "volume": 108006464, "typical_volume": 82903983.8, "trend": 7.078667, "fair_value": 7.24359, "relative_strength": -3.858099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.198942, "energy": 22.277071, "activity_lines": [ 6.603333, 6.539818, 6.668619, 6.870323 ] }, { "date": "2023-08-18", "close": 6.25, "volume": 58573771, "typical_volume": 78385777.35, "trend": 7.053, "fair_value": 7.249679, "relative_strength": -5.127453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.33626, "energy": 27.963239, "activity_lines": [ 6.508, 6.483818, 6.606048, 6.81686 ] }, { "date": "2023-08-25", "close": 6.59, "volume": 167467903, "typical_volume": 80576937.4, "trend": 7.037, "fair_value": 7.256154, "relative_strength": 3.199544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.329141, "energy": 19.399475, "activity_lines": [ 6.534667, 6.499636, 6.583714, 6.786989 ] }, { "date": "2023-09-01", "close": 6.46, "volume": 153822906, "typical_volume": 79506604.1, "trend": 6.997667, "fair_value": 7.263846, "relative_strength": -2.099364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.017768, "energy": 26.598859, "activity_lines": [ 6.498, 6.496909, 6.556048, 6.749763 ] }, { "date": "2023-09-08", "close": 6.55, "volume": 82694953, "typical_volume": 77460256.65, "trend": 6.959, "fair_value": 7.272692, "relative_strength": 1.004338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.676755, "energy": 27.336201, "activity_lines": [ 6.494, 6.511455, 6.544381, 6.720882 ] }, { "date": "2023-09-15", "close": 6.29, "volume": 44776379, "typical_volume": 71499127.0, "trend": 6.923667, "fair_value": 7.275769, "relative_strength": -1.545055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.371712, "energy": 29.565891, "activity_lines": [ 6.430667, 6.476545, 6.509619, 6.67772 ] }, { "date": "2023-09-22", "close": 6.28, "volume": 28040527, "typical_volume": 70783445.35, "trend": 6.894667, "fair_value": 7.270064, "relative_strength": -1.937663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.490344, "energy": 32.834276, "activity_lines": [ 6.381333, 6.439818, 6.479714, 6.636194 ] }, { "date": "2023-09-29", "close": 6.27, "volume": 19933354, "typical_volume": 66734982.5, "trend": 6.858667, "fair_value": 7.274423, "relative_strength": -1.2371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.382246, "energy": 36.866008, "activity_lines": [ 6.326667, 6.403091, 6.453952, 6.595892 ] }, { "date": "2023-10-13", "close": 6.17, "volume": 40916918, "typical_volume": 65051355.85, "trend": 6.815, "fair_value": 7.274487, "relative_strength": -2.344773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.711979, "energy": 47.024072, "activity_lines": [ 6.26, 6.348545, 6.422286, 6.551462 ] }, { "date": "2023-10-20", "close": 6.07, "volume": 133977310, "typical_volume": 69456155.4, "trend": 6.768333, "fair_value": 7.275962, "relative_strength": 1.011619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.158384, "energy": 44.955964, "activity_lines": [ 6.179333, 6.281818, 6.38281, 6.503398 ] }, { "date": "2023-10-27", "close": 5.95, "volume": 61121307, "typical_volume": 66582675.8, "trend": 6.700667, "fair_value": 7.277115, "relative_strength": -2.907992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.717717, "energy": 47.843081, "activity_lines": [ 6.090667, 6.209455, 6.333381, 6.450602 ] }, { "date": "2023-11-03", "close": 6.06, "volume": 42386434, "typical_volume": 65865142.5, "trend": 6.639333, "fair_value": 7.276795, "relative_strength": -1.821006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.026132, "energy": 42.946179, "activity_lines": [ 6.061333, 6.168, 6.29881, 6.409269 ] }, { "date": "2023-11-10", "close": 6.29, "volume": 67756502, "typical_volume": 66440112.55, "trend": 6.58, "fair_value": 7.274808, "relative_strength": 0.874379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.395363, "energy": 34.036322, "activity_lines": [ 6.123333, 6.171818, 6.289667, 6.386731 ] }, { "date": "2023-11-17", "close": 6.65, "volume": 82915674, "typical_volume": 68901726.25, "trend": 6.534333, "fair_value": 7.271795, "relative_strength": 6.648766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.78229, "energy": 11.961723, "activity_lines": [ 6.304, 6.246545, 6.317571, 6.391247 ] }, { "date": "2023-11-24", "close": 6.45, "volume": 65013609, "typical_volume": 70046376.35, "trend": 6.519333, "fair_value": 7.269231, "relative_strength": 4.972206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.359195, "energy": 15.230996, "activity_lines": [ 6.386, 6.281455, 6.325762, 6.385806 ] }, { "date": "2023-12-01", "close": 6.45, "volume": 40325570, "typical_volume": 70389498.9, "trend": 6.484, "fair_value": 7.262115, "relative_strength": 6.327412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.48289, "energy": 19.367352, "activity_lines": [ 6.442667, 6.318182, 6.333857, 6.381333 ] }, { "date": "2023-12-08", "close": 6.31, "volume": 53531200, "typical_volume": 71272863.4, "trend": 6.449333, "fair_value": 7.261667, "relative_strength": 5.833403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.0905, "energy": 18.98113, "activity_lines": [ 6.419333, 6.326545, 6.327857, 6.370108 ] }, { "date": "2023-12-15", "close": 6.45, "volume": 66971464, "typical_volume": 73345977.6, "trend": 6.43, "fair_value": 7.263846, "relative_strength": 10.01883, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.085617, "energy": 9.849451, "activity_lines": [ 6.426, 6.359818, 6.335524, 6.370151 ] }, { "date": "2023-12-22", "close": 6.41, "volume": 106196984, "typical_volume": 76349756.15, "trend": 6.426, "fair_value": 7.266923, "relative_strength": 10.967938, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.59373, "energy": 7.192104, "activity_lines": [ 6.408667, 6.382545, 6.338619, 6.36886 ] }, { "date": "2023-12-29", "close": 5.86, "volume": 130565860, "typical_volume": 77749754.45, "trend": 6.408667, "fair_value": 7.266987, "relative_strength": -1.845913, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.359903, "energy": 23.134417, "activity_lines": [ 6.224, 6.300909, 6.289762, 6.332344 ] }, { "date": "2024-01-05", "close": 5.66, "volume": 39887747, "typical_volume": 74343818.6, "trend": 6.368333, "fair_value": 7.268654, "relative_strength": -0.97449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.660859, "energy": 49.403215, "activity_lines": [ 6.012, 6.186727, 6.227095, 6.284043 ] }, { "date": "2024-01-12", "close": 5.44, "volume": 39657339, "typical_volume": 73397997.0, "trend": 6.323, "fair_value": 7.269423, "relative_strength": -3.544378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.784818, "energy": 67.393621, "activity_lines": [ 5.779333, 6.037818, 6.147714, 6.224151 ] }, { "date": "2024-01-19", "close": 5.09, "volume": 35197703, "typical_volume": 66784487.0, "trend": 6.263667, "fair_value": 7.270641, "relative_strength": -7.547435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.102215, "energy": 81.942403, "activity_lines": [ 5.488, 5.836545, 6.038857, 6.144602 ] }, { "date": "2024-01-26", "close": 5.66, "volume": 143521040, "typical_volume": 66269393.7, "trend": 6.235333, "fair_value": 7.276026, "relative_strength": 2.966233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.271613, "energy": 70.362497, "activity_lines": [ 5.477333, 5.760727, 5.991429, 6.105656 ] }, { "date": "2024-02-02", "close": 4.0, "volume": 132056151, "typical_volume": 68737453.6, "trend": 6.154333, "fair_value": 7.274551, "relative_strength": -20.622288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.032608, "energy": 85.371078, "activity_lines": [ 4.963333, 5.401091, 5.789714, 5.961441 ] }, { "date": "2024-02-09", "close": 3.74, "volume": 83824500, "typical_volume": 70689859.65, "trend": 6.069333, "fair_value": 7.272051, "relative_strength": -31.777251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.961599, "energy": 89.886472, "activity_lines": [ 4.486667, 5.038727, 5.575381, 5.805677 ] }, { "date": "2024-02-23", "close": 4.45, "volume": 97707970, "typical_volume": 74173231.8, "trend": 6.005, "fair_value": 7.273846, "relative_strength": -20.677163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.100447, "energy": 76.871557, "activity_lines": [ 4.374667, 4.854727, 5.44081, 5.701204 ] }, { "date": "2024-03-01", "close": 4.53, "volume": 115597247, "typical_volume": 78956426.45, "trend": 5.946333, "fair_value": 7.277436, "relative_strength": -22.020963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.692117, "energy": 76.523993, "activity_lines": [ 4.355333, 4.719091, 5.322571, 5.606043 ] }, { "date": "2024-03-08", "close": 4.32, "volume": 82012055, "typical_volume": 81011183.3, "trend": 5.873667, "fair_value": 7.281474, "relative_strength": -24.772587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.081821, "energy": 61.04733, "activity_lines": [ 4.303333, 4.580182, 5.192619, 5.501118 ] }, { "date": "2024-03-15", "close": 4.53, "volume": 65854309, "typical_volume": 77605033.25, "trend": 5.792667, "fair_value": 7.287372, "relative_strength": -22.754676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.802319, "energy": 46.492338, "activity_lines": [ 4.410667, 4.517455, 5.091476, 5.41443 ] }, { "date": "2024-03-22", "close": 4.77, "volume": 73161412, "typical_volume": 78207038.5, "trend": 5.733333, "fair_value": 7.291859, "relative_strength": -17.859508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.299135, "energy": 34.993706, "activity_lines": [ 4.562667, 4.522545, 5.020524, 5.348452 ] }, { "date": "2024-03-29", "close": 4.44, "volume": 65349202, "typical_volume": 79355176.9, "trend": 5.673, "fair_value": 7.29359, "relative_strength": -21.731387, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.986409, "energy": 33.959333, "activity_lines": [ 4.536, 4.483818, 4.923762, 5.265011 ] }, { "date": "2024-04-05", "close": 4.38, "volume": 30110630, "typical_volume": 77472883.3, "trend": 5.599333, "fair_value": 7.294744, "relative_strength": -23.399095, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.276272, "energy": 34.256748, "activity_lines": [ 4.49, 4.452364, 4.829, 5.181591 ] }, { "date": "2024-04-12", "close": 3.95, "volume": 51694888, "typical_volume": 75911844.0, "trend": 5.515667, "fair_value": 7.296538, "relative_strength": -27.981793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.578114, "energy": 46.026028, "activity_lines": [ 4.310667, 4.355636, 4.702381, 5.075183 ] }, { "date": "2024-04-19", "close": 3.65, "volume": 75747732, "typical_volume": 76448550.15, "trend": 5.419, "fair_value": 7.295577, "relative_strength": -33.211741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.456232, "energy": 62.280189, "activity_lines": [ 4.056, 4.235455, 4.560048, 4.954817 ] }, { "date": "2024-04-26", "close": 4.11, "volume": 63065168, "typical_volume": 77585530.05, "trend": 5.346333, "fair_value": 7.29891, "relative_strength": -25.664738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.957851, "energy": 53.935419, "activity_lines": [ 4.013333, 4.205273, 4.474857, 4.870366 ] }, { "date": "2024-05-03", "close": 4.21, "volume": 28366913, "typical_volume": 76327315.7, "trend": 5.277333, "fair_value": 7.303718, "relative_strength": -24.428026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.253173, "energy": 53.244233, "activity_lines": [ 4.048, 4.186545, 4.410333, 4.797054 ] }, { "date": "2024-05-10", "close": 4.15, "volume": 40132058, "typical_volume": 74985345.4, "trend": 5.206667, "fair_value": 7.3075, "relative_strength": -26.030913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.133289, "energy": 56.886231, "activity_lines": [ 4.078, 4.161273, 4.350095, 4.724323 ] }, { "date": "2024-05-17", "close": 4.23, "volume": 44389481, "typical_volume": 71894970.25, "trend": 5.142, "fair_value": 7.304103, "relative_strength": -23.872576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.865579, "energy": 38.794813, "activity_lines": [ 4.15, 4.157455, 4.308429, 4.661312 ] }, { "date": "2024-05-24", "close": 3.98, "volume": 28992078, "typical_volume": 66816281.15, "trend": 5.072333, "fair_value": 7.285385, "relative_strength": -25.666303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.863437, "energy": 38.64552, "activity_lines": [ 4.12, 4.109818, 4.253333, 4.586344 ] }, { "date": "2024-05-31", "close": 4.0, "volume": 37508734, "typical_volume": 66697330.5, "trend": 5.007333, "fair_value": 7.26359, "relative_strength": -24.398959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.650251, "energy": 42.559023, "activity_lines": [ 4.074667, 4.075818, 4.209095, 4.517161 ] }, { "date": "2024-06-07", "close": 3.49, "volume": 53214600, "typical_volume": 67375193.55, "trend": 4.921667, "fair_value": 7.224615, "relative_strength": -32.788194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.433354, "energy": 55.299074, "activity_lines": [ 3.866667, 3.963091, 4.12419, 4.419269 ] }, { "date": "2024-06-14", "close": 3.66, "volume": 36592610, "typical_volume": 67444938.9, "trend": 4.834, "fair_value": 7.17141, "relative_strength": -28.930067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.060699, "energy": 64.038583, "activity_lines": [ 3.763333, 3.898545, 4.064762, 4.337871 ] }, { "date": "2024-06-21", "close": 3.57, "volume": 43500310, "typical_volume": 62443902.4, "trend": 4.731333, "fair_value": 7.121474, "relative_strength": -28.662437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.296942, "energy": 66.70879, "activity_lines": [ 3.662667, 3.830727, 4.003571, 4.256323 ] }, { "date": "2024-06-28", "close": 4.48, "volume": 348503360, "typical_volume": 73266262.85, "trend": 4.665667, "fair_value": 7.089295, "relative_strength": -7.966847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.507375, "energy": 31.372119, "activity_lines": [ 3.909333, 3.935273, 4.039, 4.240108 ] }, { "date": "2024-07-05", "close": 4.23, "volume": 327629364, "typical_volume": 85456506.05, "trend": 4.591667, "fair_value": 7.058846, "relative_strength": -11.255011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.449504, "energy": 16.848823, "activity_lines": [ 4.039333, 3.979273, 4.048333, 4.212 ] }, { "date": "2024-07-12", "close": 3.89, "volume": 175568835, "typical_volume": 89349549.3, "trend": 4.511, "fair_value": 7.03, "relative_strength": -19.443041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.881508, "energy": 17.182447, "activity_lines": [ 4.040667, 3.959273, 4.022952, 4.166731 ] }, { "date": "2024-07-19", "close": 4.11, "volume": 129543623, "typical_volume": 90046868.1, "trend": 4.433, "fair_value": 6.993141, "relative_strength": -15.00923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.63349, "energy": 18.484731, "activity_lines": [ 4.088667, 3.985091, 4.02119, 4.14086 ] }, { "date": "2024-07-26", "close": 5.04, "volume": 139553435, "typical_volume": 92923937.1, "trend": 4.387333, "fair_value": 6.961346, "relative_strength": 7.892691, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.098358, "energy": 25.730625, "activity_lines": [ 4.416667, 4.180727, 4.11, 4.180022 ] }, { "date": "2024-08-02", "close": 6.89, "volume": 576154860, "typical_volume": 118438964.65, "trend": 4.421667, "fair_value": 6.948397, "relative_strength": 47.084058, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.55798, "energy": 64.293398, "activity_lines": [ 5.263333, 4.698, 4.371571, 4.341484 ] }, { "date": "2024-08-09", "close": 6.14, "volume": 636264954, "typical_volume": 146594141.75, "trend": 4.437667, "fair_value": 6.930962, "relative_strength": 32.888629, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.140564, "energy": 76.552655, "activity_lines": [ 5.699333, 5.026, 4.550476, 4.452344 ] }, { "date": "2024-08-16", "close": 6.2, "volume": 510253457, "typical_volume": 168839354.5, "trend": 4.463, "fair_value": 6.913333, "relative_strength": 34.313482, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.616691, "energy": 77.451265, "activity_lines": [ 6.028, 5.326, 4.728571, 4.566043 ] }, { "date": "2024-08-23", "close": 6.68, "volume": 776011224, "typical_volume": 206134384.2, "trend": 4.516, "fair_value": 6.894744, "relative_strength": 46.60916, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.082014, "energy": 77.010844, "activity_lines": [ 6.362667, 5.664, 4.944, 4.709075 ] }, { "date": "2024-08-30", "close": 6.08, "volume": 438537929, "typical_volume": 225476536.25, "trend": 4.53, "fair_value": 6.881538, "relative_strength": 30.190887, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.294844, "energy": 55.728071, "activity_lines": [ 6.326, 5.838, 5.091333, 4.809978 ] }, { "date": "2024-09-06", "close": 5.57, "volume": 289909415, "typical_volume": 236184620.4, "trend": 4.582333, "fair_value": 6.868205, "relative_strength": 22.318625, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.729862, "energy": 40.869828, "activity_lines": [ 6.05, 5.873636, 5.179952, 4.877075 ] }, { "date": "2024-09-13", "close": 6.78, "volume": 470966225, "typical_volume": 256579673.25, "trend": 4.683667, "fair_value": 6.862179, "relative_strength": 50.438352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.654011, "energy": 41.909049, "activity_lines": [ 6.265333, 6.109455, 5.374667, 5.01886 ] }, { "date": "2024-09-20", "close": 7.01, "volume": 418082003, "typical_volume": 276065427.75, "trend": 4.769, "fair_value": 6.858718, "relative_strength": 52.576583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.758837, "energy": 39.549104, "activity_lines": [ 6.514667, 6.340727, 5.578571, 5.168946 ] }, { "date": "2024-09-27", "close": 10.27, "volume": 912174770, "typical_volume": 319667563.35, "trend": 4.960333, "fair_value": 6.879744, "relative_strength": 86.808744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.408785, "energy": 65.591147, "activity_lines": [ 7.796667, 7.108, 6.079619, 5.523849 ] }, { "date": "2024-10-04", "close": 12.32, "volume": 175849989, "typical_volume": 326240588.75, "trend": 5.227, "fair_value": 6.913333, "relative_strength": 98.838274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.028972, "energy": 91.4273, "activity_lines": [ 9.522667, 8.136, 6.746762, 5.998667 ] }, { "date": "2024-10-11", "close": 12.21, "volume": 611907808, "typical_volume": 355386375.25, "trend": 5.483, "fair_value": 6.944038, "relative_strength": 102.325857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.365795, "energy": 88.613553, "activity_lines": [ 10.796, 9.011636, 7.364905, 6.449183 ] }, { "date": "2024-10-18", "close": 15.06, "volume": 751130245, "typical_volume": 391067450.8, "trend": 5.826, "fair_value": 6.997756, "relative_strength": 136.032174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.801382, "energy": 94.02175, "activity_lines": [ 12.576667, 10.308727, 8.215286, 7.067054 ] }, { "date": "2024-10-25", "close": 16.57, "volume": 566457677, "typical_volume": 416729604.65, "trend": 6.230333, "fair_value": 7.06141, "relative_strength": 146.17043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.048363, "energy": 93.981756, "activity_lines": [ 14.308667, 11.718182, 9.15681, 7.760215 ] }, { "date": "2024-11-01", "close": 15.86, "volume": 815408744, "typical_volume": 455670411.35, "trend": 6.613, "fair_value": 7.123397, "relative_strength": 132.909923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.997238, "energy": 84.967573, "activity_lines": [ 15.166667, 12.81, 9.968429, 8.381484 ] }, { "date": "2024-11-08", "close": 17.450001, "volume": 368278929, "typical_volume": 471909342.3, "trend": 7.063, "fair_value": 7.193526, "relative_strength": 133.507062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.131214, "energy": 85.749429, "activity_lines": [ 16.182, 14.024, 10.873381, 9.080645 ] }, { "date": "2024-11-15", "close": 16.18, "volume": 267521690, "typical_volume": 467860258.8, "trend": 7.480667, "fair_value": 7.257885, "relative_strength": 119.314637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.985263, "energy": 66.435584, "activity_lines": [ 16.432, 14.800364, 11.591286, 9.668839 ] }, { "date": "2024-11-22", "close": 15.0, "volume": 252909768, "typical_volume": 464124279.0, "trend": 7.843667, "fair_value": 7.311346, "relative_strength": 104.93808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.1747, "energy": 59.331533, "activity_lines": [ 16.024, 15.169273, 12.141095, 10.153957 ] }, { "date": "2024-11-29", "close": 16.639999, "volume": 364217324, "typical_volume": 473556703.45, "trend": 8.258, "fair_value": 7.377756, "relative_strength": 118.177623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.115339, "energy": 55.093072, "activity_lines": [ 16.166666, 15.686909, 12.79581, 10.721462 ] }, { "date": "2024-12-06", "close": 16.690001, "volume": 297470589, "typical_volume": 481953051.75, "trend": 8.676, "fair_value": 7.441603, "relative_strength": 110.223543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.33173, "energy": 49.431055, "activity_lines": [ 16.321333, 16.038546, 13.394572, 11.265462 ] }, { "date": "2024-12-13", "close": 16.110001, "volume": 316532413, "typical_volume": 490802000.65, "trend": 9.072, "fair_value": 7.49859, "relative_strength": 99.991954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.549796, "energy": 43.297192, "activity_lines": [ 16.227334, 16.168, 13.878191, 11.745075 ] }, { "date": "2024-12-20", "close": 15.7, "volume": 193497641, "typical_volume": 471669139.7, "trend": 9.462667, "fair_value": 7.554615, "relative_strength": 92.247061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.250543, "energy": 37.670655, "activity_lines": [ 16.086, 16.154, 14.270048, 12.172688 ] }, { "date": "2024-12-27", "close": 14.29, "volume": 262136029, "typical_volume": 452962693.45, "trend": 9.805667, "fair_value": 7.590577, "relative_strength": 71.979509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.485037, "energy": 30.290091, "activity_lines": [ 15.506667, 15.820182, 14.485667, 12.484129 ] }, { "date": "2025-01-03", "close": 11.81, "volume": 133814434, "typical_volume": 434140742.3, "trend": 10.083, "fair_value": 7.605064, "relative_strength": 50.935782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.255648, "energy": 17.724364, "activity_lines": [ 14.148, 15.049455, 14.426286, 12.613441 ] }, { "date": "2025-01-10", "close": 11.27, "volume": 135235017, "typical_volume": 402101931.95, "trend": 10.336667, "fair_value": 7.613397, "relative_strength": 43.671197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.796853, "energy": 14.715403, "activity_lines": [ 12.931333, 14.267091, 14.288762, 12.690022 ] }, { "date": "2025-01-17", "close": 12.22, "volume": 177796985, "typical_volume": 389064884.75, "trend": 10.625, "fair_value": 7.611603, "relative_strength": 48.054416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.093945, "energy": 20.439926, "activity_lines": [ 12.392667, 13.740909, 14.219857, 12.811527 ] }, { "date": "2025-01-24", "close": 11.92, "volume": 140311674, "typical_volume": 381584997.7, "trend": 10.873, "fair_value": 7.615, "relative_strength": 40.64838, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.066374, "energy": 22.490774, "activity_lines": [ 12.013333, 13.255273, 14.093143, 12.895075 ] }, { "date": "2025-01-31", "close": 11.52, "volume": 23615300, "typical_volume": 359217451.45, "trend": 11.116, "fair_value": 7.620769, "relative_strength": 36.204206, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.324541, "energy": 34.48784, "activity_lines": [ 11.752667, 12.774364, 13.898095, 12.936817 ] }, { "date": "2025-02-07", "close": 12.74, "volume": 102310785, "typical_volume": 343428890.55, "trend": 11.411, "fair_value": 7.631154, "relative_strength": 42.3207, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.21053, "energy": 27.260584, "activity_lines": [ 12.083333, 12.578546, 13.796667, 13.041591 ] }, { "date": "2025-02-14", "close": 13.54, "volume": 242601666, "typical_volume": 309950235.35, "trend": 11.725333, "fair_value": 7.653397, "relative_strength": 46.044201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.057826, "energy": 13.16712, "activity_lines": [ 12.618667, 12.599091, 13.744143, 13.178946 ] }, { "date": "2025-02-21", "close": 13.67, "volume": 185176292, "typical_volume": 310416550.5, "trend": 12.013, "fair_value": 7.678205, "relative_strength": 41.819979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.516271, "energy": 12.669422, "activity_lines": [ 13.046, 12.700545, 13.688429, 13.304409 ] }, { "date": "2025-02-28", "close": 15.64, "volume": 396050796, "typical_volume": 299623699.9, "trend": 12.304667, "fair_value": 7.724423, "relative_strength": 64.485916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.719613, "energy": 31.689301, "activity_lines": [ 14.033333, 13.204545, 13.813905, 13.538409 ] }, { "date": "2025-03-07", "close": 14.59, "volume": 280378790, "typical_volume": 276086127.15, "trend": 12.586333, "fair_value": 7.758269, "relative_strength": 47.35641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.651901, "energy": 30.777884, "activity_lines": [ 14.422667, 13.518727, 13.823048, 13.68585 ] }, { "date": "2025-03-14", "close": 13.7, "volume": 176525314, "typical_volume": 256589509.0, "trend": 12.836333, "fair_value": 7.777436, "relative_strength": 34.471832, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 28.588538, "energy": 24.920087, "activity_lines": [ 14.310667, 13.665636, 13.749667, 13.757699 ] }, { "date": "2025-03-21", "close": 12.66, "volume": 102350764, "typical_volume": 220936610.0, "trend": 13.035667, "fair_value": 7.797051, "relative_strength": 25.855456, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.947053, "energy": 12.681753, "activity_lines": [ 13.788, 13.589091, 13.590905, 13.746323 ] }, { "date": "2025-03-28", "close": 12.12, "volume": 82626790, "typical_volume": 206654003.05, "trend": 13.237, "fair_value": 7.812372, "relative_strength": 19.758233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.54933, "energy": 16.778092, "activity_lines": [ 13.144, 13.389091, 13.395952, 13.687247 ] }, { "date": "2025-04-04", "close": 12.09, "volume": 57028680, "typical_volume": 196129352.55, "trend": 13.454333, "fair_value": 7.828397, "relative_strength": 20.527504, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.745668, "energy": 36.986135, "activity_lines": [ 12.593333, 13.185455, 13.223524, 13.613247 ] }, { "date": "2025-04-11", "close": 10.96, "volume": 129470271, "typical_volume": 189957377.7, "trend": 13.593667, "fair_value": 7.841667, "relative_strength": 13.615225, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.008515, "energy": 64.386893, "activity_lines": [ 11.902667, 12.773273, 12.962952, 13.452323 ] }, { "date": "2025-04-18", "close": 11.2, "volume": 88052674, "typical_volume": 176149145.2, "trend": 13.733333, "fair_value": 7.86, "relative_strength": 15.034538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.413661, "energy": 69.247016, "activity_lines": [ 11.534, 12.414909, 12.744476, 13.297893 ] }, { "date": "2025-04-25", "close": 11.12, "volume": 110063555, "typical_volume": 166778793.5, "trend": 13.761667, "fair_value": 7.86391, "relative_strength": 11.177658, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.110829, "energy": 68.618374, "activity_lines": [ 11.305333, 12.07, 12.544286, 13.12929 ] }, { "date": "2025-05-02", "close": 11.18, "volume": 32923031, "typical_volume": 152598324.4, "trend": 13.723667, "fair_value": 7.872821, "relative_strength": 10.517768, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.532217, "energy": 62.62836, "activity_lines": [ 11.199333, 11.78, 12.376333, 12.962731 ] }, { "date": "2025-05-09", "close": 11.51, "volume": 82211563, "typical_volume": 147034020.5, "trend": 13.700333, "fair_value": 7.890962, "relative_strength": 9.76245, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.168557, "energy": 46.55242, "activity_lines": [ 11.266, 11.595273, 12.263286, 12.819914 ] }, { "date": "2025-05-16", "close": 11.37, "volume": 98234450, "typical_volume": 138838941.55, "trend": 13.577333, "fair_value": 7.915321, "relative_strength": 6.517593, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.660066, "energy": 39.029426, "activity_lines": [ 11.324667, 11.460182, 12.156857, 12.66957 ] }, { "date": "2025-05-23", "close": 12.15, "volume": 302531568, "typical_volume": 147274798.25, "trend": 13.43, "fair_value": 7.945577, "relative_strength": 12.748701, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.653405, "energy": 26.07494, "activity_lines": [ 11.616, 11.525455, 12.138619, 12.577484 ] }, { "date": "2025-05-30", "close": 12.39, "volume": 161348733, "typical_volume": 148580484.05, "trend": 13.314333, "fair_value": 7.976731, "relative_strength": 14.358426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.472326, "energy": 18.759115, "activity_lines": [ 11.924, 11.662545, 12.141619, 12.510387 ] }, { "date": "2025-06-06", "close": 11.98, "volume": 107663986, "typical_volume": 145073834.1, "trend": 13.132, "fair_value": 8.005064, "relative_strength": 7.489477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.725575, "energy": 18.185136, "activity_lines": [ 12.010667, 11.73, 12.100238, 12.424301 ] }, { "date": "2025-06-13", "close": 13.3, "volume": 482030298, "typical_volume": 162159765.3, "trend": 13.036, "fair_value": 8.038846, "relative_strength": 18.152496, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.768603, "energy": 14.237121, "activity_lines": [ 12.484, 12.04, 12.185714, 12.43514 ] }, { "date": "2025-06-20", "close": 12.59, "volume": 178932344, "typical_volume": 169925617.5, "trend": 12.955667, "fair_value": 8.070256, "relative_strength": 11.487192, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.489012, "energy": 14.709033, "activity_lines": [ 12.601333, 12.198909, 12.197, 12.406366 ] }, { "date": "2025-06-27", "close": 13.88, "volume": 247695495, "typical_volume": 177194853.0, "trend": 12.863667, "fair_value": 8.110128, "relative_strength": 16.832594, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.262419, "energy": 23.849252, "activity_lines": [ 13.067333, 12.562727, 12.326048, 12.466 ] }, { "date": "2025-07-04", "close": 13.15, "volume": 139773590, "typical_volume": 172053449.2, "trend": 12.745667, "fair_value": 8.144295, "relative_strength": 7.929558, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.386948, "energy": 21.622719, "activity_lines": [ 13.174667, 12.745091, 12.380143, 12.484473 ] }, { "date": "2025-07-11", "close": 13.56, "volume": 159549910, "typical_volume": 170772130.1, "trend": 12.660667, "fair_value": 8.177051, "relative_strength": 7.863253, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.421622, "energy": 38.603745, "activity_lines": [ 13.368, 12.965091, 12.475143, 12.537011 ] }, { "date": "2025-07-18", "close": 13.19, "volume": 109243709, "typical_volume": 156431775.75, "trend": 12.577, "fair_value": 8.206474, "relative_strength": 1.585343, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.558874, "energy": 35.309833, "activity_lines": [ 13.332667, 13.074545, 12.535429, 12.571161 ] }, { "date": "2025-07-25", "close": 13.11, "volume": 83442296, "typical_volume": 146584951.05, "trend": 12.537667, "fair_value": 8.240256, "relative_strength": -2.258301, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 40.958646, "energy": 28.257575, "activity_lines": [ 13.278, 13.138909, 12.599762, 12.605548 ] }, { "date": "2025-08-01", "close": 12.67, "volume": 101824466, "typical_volume": 142849908.65, "trend": 12.566333, "fair_value": 8.272949, "relative_strength": -4.549785, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.437397, "energy": 20.069992, "activity_lines": [ 13.042, 13.091636, 12.629238, 12.614086 ] }, { "date": "2025-08-08", "close": 12.42, "volume": 76477801, "typical_volume": 141556260.5, "trend": 12.604667, "fair_value": 8.307372, "relative_strength": -8.150392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.621097, "energy": 4.972271, "activity_lines": [ 12.803333, 12.989455, 12.63981, 12.604645 ] }, { "date": "2025-08-15", "close": 13.15, "volume": 141786465, "typical_volume": 144514244.25, "trend": 12.635667, "fair_value": 8.344295, "relative_strength": -7.54853, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.898096, "energy": 16.383081, "activity_lines": [ 12.856667, 13.019455, 12.721048, 12.639828 ] }, { "date": "2025-08-22", "close": 13.76, "volume": 212654013, "typical_volume": 152295510.9, "trend": 12.697, "fair_value": 8.383333, "relative_strength": -7.940877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.728046, "energy": 24.936214, "activity_lines": [ 13.140667, 13.139091, 12.855476, 12.712366 ] }, { "date": "2025-08-29", "close": 12.87, "volume": 198523652, "typical_volume": 155748179.95, "trend": 12.742, "fair_value": 8.417179, "relative_strength": -17.857315, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.135347, "energy": 11.458821, "activity_lines": [ 13.09, 13.088545, 12.89719, 12.723527 ] }, { "date": "2025-09-05", "close": 12.87, "volume": 195631191, "typical_volume": 161127105.8, "trend": 12.746333, "fair_value": 8.449744, "relative_strength": -17.60133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.779038, "energy": 12.542807, "activity_lines": [ 13.055333, 13.032909, 12.92981, 12.731785 ] }, { "date": "2025-09-12", "close": 13.23, "volume": 160558953, "typical_volume": 163651875.7, "trend": 12.736, "fair_value": 8.486731, "relative_strength": -17.705172, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.19053, "energy": 26.16661, "activity_lines": [ 13.127333, 13.061091, 12.988762, 12.762989 ] }, { "date": "2025-09-19", "close": 12.76, "volume": 153278996, "typical_volume": 169669673.95, "trend": 12.705667, "fair_value": 8.519679, "relative_strength": -21.650691, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.284563, "energy": 13.779195, "activity_lines": [ 12.988667, 13.002364, 12.992905, 12.764538 ] }, { "date": "2025-09-26", "close": 12.22, "volume": 78049715, "typical_volume": 169461581.55, "trend": 12.591667, "fair_value": 8.547821, "relative_strength": -25.573941, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.552918, "energy": 7.977719, "activity_lines": [ 12.696, 12.86, 12.938095, 12.733204 ] }, { "date": "2025-10-03", "close": 12.12, "volume": 24600828, "typical_volume": 165779900.45, "trend": 12.509333, "fair_value": 8.576154, "relative_strength": -27.60884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.02918, "energy": 26.727213, "activity_lines": [ 12.472667, 12.717091, 12.870381, 12.702774 ] }, { "date": "2025-10-10", "close": 11.66, "volume": 32195791, "typical_volume": 152263111.6, "trend": 12.441333, "fair_value": 8.601667, "relative_strength": -29.088963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.200092, "energy": 45.060792, "activity_lines": [ 12.146, 12.508545, 12.755286, 12.647978 ] }, { "date": "2025-10-17", "close": 11.66, "volume": 90677521, "typical_volume": 148729551.0, "trend": 12.408, "fair_value": 8.631538, "relative_strength": -24.735355, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.117189, "energy": 50.197337, "activity_lines": [ 11.9, 12.318364, 12.642524, 12.59757 ] }, { "date": "2025-10-24", "close": 11.67, "volume": 84654218, "typical_volume": 147579062.6, "trend": 12.393, "fair_value": 8.663846, "relative_strength": -27.292039, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.203586, "energy": 52.452412, "activity_lines": [ 11.762, 12.143818, 12.53419, 12.549957 ] }, { "date": "2025-10-31", "close": 11.64, "volume": 65904139, "typical_volume": 126772754.65, "trend": 12.378, "fair_value": 8.692436, "relative_strength": -27.211917, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.13553, "energy": 49.046227, "activity_lines": [ 11.686667, 11.990727, 12.424476, 12.501376 ] }, { "date": "2025-11-07", "close": 11.21, "volume": 40085231, "typical_volume": 119830399.0, "trend": 12.386333, "fair_value": 8.718333, "relative_strength": -29.20795, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.674731, "energy": 47.293722, "activity_lines": [ 11.506667, 11.798, 12.281714, 12.426022 ] }, { "date": "2025-11-14", "close": 11.07, "volume": 43192684, "typical_volume": 109605258.45, "trend": 12.382, "fair_value": 8.742051, "relative_strength": -28.31841, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.964664, "energy": 58.411711, "activity_lines": [ 11.340667, 11.61, 12.13219, 12.341097 ] }, { "date": "2025-11-21", "close": 10.7, "volume": 47395648, "typical_volume": 104986361.35, "trend": 12.368, "fair_value": 8.762564, "relative_strength": -26.259662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.422526, "energy": 66.925387, "activity_lines": [ 11.090667, 11.387455, 11.96081, 12.232581 ] }, { "date": "2025-11-28", "close": 11.11, "volume": 73890121, "typical_volume": 100703371.9, "trend": 12.365667, "fair_value": 8.785705, "relative_strength": -25.178431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.118067, "energy": 62.192292, "activity_lines": [ 11.041333, 11.285455, 11.840143, 12.151419 ] }, { "date": "2025-12-05", "close": 11.04, "volume": 40386390, "typical_volume": 97260505.95, "trend": 12.35, "fair_value": 8.807372, "relative_strength": -25.691671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.997219, "energy": 61.810558, "activity_lines": [ 11.006, 11.200727, 11.724476, 12.065892 ] }, { "date": "2025-12-12", "close": 11.11, "volume": 69211631, "typical_volume": 96548972.7, "trend": 12.341333, "fair_value": 8.832436, "relative_strength": -24.994729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.262578, "energy": 50.634145, "activity_lines": [ 11.034, 11.150182, 11.625714, 11.985892 ] }, { "date": "2025-12-19", "close": 10.51, "volume": 44626534, "typical_volume": 93689076.1, "trend": 12.286667, "fair_value": 8.852628, "relative_strength": -27.566223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.093517, "energy": 51.864778, "activity_lines": [ 10.868667, 11.008909, 11.479333, 11.867742 ] }, { "date": "2025-12-26", "close": 10.42, "volume": 60899533, "typical_volume": 92910162.7, "trend": 12.221, "fair_value": 8.874936, "relative_strength": -29.933088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.604558, "energy": 54.208984, "activity_lines": [ 10.710667, 10.872182, 11.334667, 11.747312 ] }, { "date": "2026-01-02", "close": 10.52, "volume": 33268343, "typical_volume": 87484256.6, "trend": 12.172333, "fair_value": 8.899295, "relative_strength": -28.324302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.812039, "energy": 50.27326, "activity_lines": [ 10.604667, 10.776182, 11.209048, 11.63757 ] }, { "date": "2026-01-09", "close": 11.07, "volume": 92033755, "typical_volume": 81453243.7, "trend": 12.098, "fair_value": 8.927628, "relative_strength": -27.283634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.123029, "energy": 43.14004, "activity_lines": [ 10.721333, 10.801091, 11.148333, 11.566452 ] }, { "date": "2026-01-16", "close": 11.1, "volume": 152982343, "typical_volume": 79176178.25, "trend": 12.048333, "fair_value": 8.955897, "relative_strength": -27.357078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.843536, "energy": 32.924851, "activity_lines": [ 10.846, 10.841818, 11.103286, 11.502065 ] }, { "date": "2026-01-23", "close": 11.06, "volume": 58330176, "typical_volume": 72311127.5, "trend": 11.954333, "fair_value": 8.983205, "relative_strength": -27.905621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.405876, "energy": 24.799141, "activity_lines": [ 10.958, 10.877273, 11.062857, 11.438301 ] }, { "date": "2026-01-30", "close": 11.58, "volume": 143144940, "typical_volume": 71440426.85, "trend": 11.902, "fair_value": 9.012436, "relative_strength": -22.828053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.030814, "energy": 18.025805, "activity_lines": [ 11.206667, 11.007455, 11.080571, 11.414151 ] }, { "date": "2026-02-06", "close": 10.71, "volume": 85920719, "typical_volume": 68072513.0, "trend": 11.807, "fair_value": 9.035769, "relative_strength": -26.50923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.652634, "energy": 19.401253, "activity_lines": [ 11.088, 10.963455, 11.023286, 11.337247 ] }, { "date": "2026-02-13", "close": 10.7, "volume": 82133353, "typical_volume": 68276694.9, "trend": 11.724, "fair_value": 9.055385, "relative_strength": -26.913619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.765359, "energy": 19.30006, "activity_lines": [ 10.953333, 10.924909, 10.97481, 11.265828 ] }, { "date": "2026-02-27", "close": 10.51, "volume": 35967858, "typical_volume": 68845046.4, "trend": 11.637333, "fair_value": 9.073333, "relative_strength": -29.489896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.99042, "energy": 29.718014, "activity_lines": [ 10.78, 10.858, 10.915476, 11.187505 ] }, { "date": "2026-03-06", "close": 9.6, "volume": 61206924, "typical_volume": 70295603.05, "trend": 11.535, "fair_value": 9.087756, "relative_strength": -33.133533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.856492, "energy": 64.215325, "activity_lines": [ 10.342667, 10.636545, 10.777143, 11.056065 ] }, { "date": "2026-03-13", "close": 9.22, "volume": 38011393, "typical_volume": 67662296.65, "trend": 11.428333, "fair_value": 9.101026, "relative_strength": -35.408517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.592815, "energy": 78.105007, "activity_lines": [ 9.876, 10.362545, 10.612429, 10.90671 ] }, { "date": "2026-03-20", "close": 8.59, "volume": 41693536, "typical_volume": 65514262.55, "trend": 11.276333, "fair_value": 9.108974, "relative_strength": -37.264289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.14928, "energy": 88.121402, "activity_lines": [ 9.356667, 9.995818, 10.399333, 10.723591 ] }, { "date": "2026-03-27", "close": 8.36, "volume": 48021398, "typical_volume": 64620125.5, "trend": 11.096333, "fair_value": 9.114615, "relative_strength": -37.775242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.395451, "energy": 92.243806, "activity_lines": [ 8.902, 9.622364, 10.179, 10.535441 ] }, { "date": "2026-04-03", "close": 7.51, "volume": 47491992, "typical_volume": 64990463.55, "trend": 10.917667, "fair_value": 9.114872, "relative_strength": -41.730295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.251767, "energy": 95.750397, "activity_lines": [ 8.32, 9.143636, 9.893333, 10.304065 ] }, { "date": "2026-04-10", "close": 8.18, "volume": 54718380, "typical_volume": 65566748.35, "trend": 10.761333, "fair_value": 9.116154, "relative_strength": -40.06441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.818571, "energy": 87.280354, "activity_lines": [ 8.161333, 8.852, 9.689095, 10.127441 ] }, { "date": "2026-04-17", "close": 8.14, "volume": 44579670, "typical_volume": 65425949.45, "trend": 10.591667, "fair_value": 9.117692, "relative_strength": -42.001427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.324668, "energy": 84.729199, "activity_lines": [ 8.084, 8.605455, 9.49481, 9.958323 ] }, { "date": "2026-04-24", "close": 10.13, "volume": 149431359, "typical_volume": 69203011.35, "trend": 10.504, "fair_value": 9.130897, "relative_strength": -27.396032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.287625, "energy": 46.117991, "activity_lines": [ 8.742, 8.783273, 9.502238, 9.928538 ] }, { "date": "2026-05-01", "close": 9.59, "volume": 150355747, "typical_volume": 74701479.2, "trend": 10.416333, "fair_value": 9.140962, "relative_strength": -31.339376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.700178, "energy": 25.762003, "activity_lines": [ 9.117333, 8.873455, 9.462905, 9.86957 ] }, { "date": "2026-05-08", "close": 9.84, "volume": 81304035, "typical_volume": 75306099.4, "trend": 10.340333, "fair_value": 9.159808, "relative_strength": -30.900255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.656959, "energy": 26.071721, "activity_lines": [ 9.494, 9.029273, 9.454286, 9.832387 ] }, { "date": "2026-05-15", "close": 10.54, "volume": 179210850, "typical_volume": 82035315.2, "trend": 10.303, "fair_value": 9.179231, "relative_strength": -25.251526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.143836, "energy": 23.607427, "activity_lines": [ 9.948667, 9.324545, 9.518381, 9.845269 ] }, { "date": "2026-05-22", "close": 10.49, "volume": 203542624, "typical_volume": 89167469.75, "trend": 10.264, "fair_value": 9.199359, "relative_strength": -25.070819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.138338, "energy": 23.64536, "activity_lines": [ 10.229333, 9.593636, 9.577571, 9.857333 ] }, { "date": "2026-05-29", "close": 9.29, "volume": 276426824, "typical_volume": 101325393.8, "trend": 10.184667, "fair_value": 9.213846, "relative_strength": -32.67861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.117629, "energy": 17.506522, "activity_lines": [ 9.953333, 9.621455, 9.522143, 9.794495 ] }, { "date": "2026-06-05", "close": 8.98, "volume": 40147328, "typical_volume": 98731072.45, "trend": 10.096, "fair_value": 9.229551, "relative_strength": -32.874894, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.22417, "energy": 14.481563, "activity_lines": [ 9.63, 9.580182, 9.443048, 9.716774 ] }, { "date": "2026-06-12", "close": 7.73, "volume": 17669456, "typical_volume": 91965428.1, "trend": 9.98, "fair_value": 9.238205, "relative_strength": -39.990423, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.600836, "energy": 34.398468, "activity_lines": [ 8.930667, 9.300364, 9.254857, 9.564129 ] }, { "date": "2026-06-19", "close": 7.49, "volume": 99685106, "typical_volume": 94033174.6, "trend": 9.860667, "fair_value": 9.24218, "relative_strength": -44.678437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.802028, "energy": 61.8149, "activity_lines": [ 8.292, 8.972909, 9.059857, 9.403484 ] }, { "date": "2026-06-26", "close": 6.87, "volume": 20123753, "typical_volume": 87882115.25, "trend": 9.733, "fair_value": 9.242628, "relative_strength": -47.4745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.900509, "energy": 78.949681, "activity_lines": [ 7.65, 8.545273, 8.82281, 9.210538 ] }, { "date": "2026-07-03", "close": 7.48, "volume": 21247812, "typical_volume": 84648469.9, "trend": 9.612, "fair_value": 9.246538, "relative_strength": -40.958165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.253645, "energy": 75.75443, "activity_lines": [ 7.452667, 8.251636, 8.666286, 9.065183 ] }, { "date": "2026-07-10", "close": 6.44, "volume": 187353507, "typical_volume": 89909477.6, "trend": 9.458667, "fair_value": 9.24609, "relative_strength": -46.258665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.954182, "energy": 80.203246, "activity_lines": [ 7.029333, 7.817091, 8.426095, 8.860538 ] }, { "date": "2026-07-17", "close": 5.93, "volume": 121644274, "typical_volume": 94193298.4, "trend": 9.286, "fair_value": 9.242885, "relative_strength": -44.5596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.463067, "energy": 79.842277, "activity_lines": [ 6.605333, 7.347091, 8.157619, 8.632882 ] }, { "date": "2026-07-24", "close": 5.74, "volume": 98695742, "typical_volume": 96067739.3, "trend": 9.127, "fair_value": 9.239359, "relative_strength": -45.53728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.051607, "energy": 83.979496, "activity_lines": [ 6.238, 6.913636, 7.892857, 8.404108 ] }, { "date": "2026-07-31", "close": 6.5, "volume": 107811463, "typical_volume": 99557742.8, "trend": 8.996333, "fair_value": 9.240128, "relative_strength": -36.324506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.777215, "energy": 75.019522, "activity_lines": [ 6.240667, 6.705636, 7.718857, 8.234624 ] }, { "date": "2026-08-07", "close": 6.64, "volume": 100236737, "typical_volume": 102484902.85, "trend": 8.867, "fair_value": 9.242372, "relative_strength": -37.173571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.100196, "energy": 60.482288, "activity_lines": [ 6.314667, 6.595636, 7.571143, 8.082602 ] } ], "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." } } }