{ "ticker": { "uuid": "d53713f5-08cc-44f8-8b0c-86543103b9b7", "symbol": "600238", "name": "Hainan Yedao (Group) 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.615, "architecture_energy": 73.624, "architecture_maturity": 63.299, "architecture_confidence": 86.242, "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": 12.74, "rotation_up": 10.45, "upward_expansion": 16.68, "deceleration": 37.73, "rotation_down": 72.0, "downward_expansion": 90.01 }, "activity_lines": [ 4.154667, 4.340364, 4.612905, 4.786 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 4.27, "trend_reference": 5.121333, "distance_from_trend": -0.166233, "trend_direction": "Weakening", "fair_value": 7.293974, "distance_from_fair_value": -0.414585, "fair_value_direction": "Weakening", "relative_strength": -24.897967, "relative_strength_direction": "Weakening", "price_momentum": -0.343077, "excess_performance": -0.299873, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.166233, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.119037, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.414585, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.089662, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.24898, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.047087, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.343077, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.698014, "read": "Supply-led" } ], "volume": { "latest": 42055952, "relative_activity": 1.511107, "balance": 0.698014, "dry_up": 0.787256, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.101423, "annualized_volatility": 0.560619, "from_high_reference": -0.449032, "from_low_reference": 0.206215 }, "levels": { "trend_reference": 5.121333, "fair_value_reference": 7.293974, "structural_low": 3.54, "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": 38, "median_return": -0.014673, "positive_rate": 0.473684, "directional_follow_through": 0.526316, "median_excess_return": -0.004722, "regime_survival": 0.842105, "best_return": 0.427297, "worst_return": -0.19508, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.048689, "positive_rate": 0.307692, "directional_follow_through": 0.692308, "median_excess_return": 0.021539, "regime_survival": 0.692308, "best_return": 0.295488, "worst_return": -0.251596, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.041035, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.064884, "regime_survival": 0.714286, "best_return": 0.22085, "worst_return": -0.349107, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.103125, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.179095, "regime_survival": 0.5, "best_return": 0.203636, "worst_return": -0.403723, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-09", "end": "2024-07-12", "tenure": "Extended", "return": -0.190698, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-07-26", "tenure": "New", "return": -0.03624, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": -0.011696, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": -0.005806, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-10-18", "tenure": "Developing", "return": 0.099851, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.166033, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-17", "tenure": "Developing", "return": -0.170188, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-06-20", "tenure": "Established", "return": -0.009091, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": 0.085714, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.063257, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": 0.019697, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2026-01-02", "tenure": "Established", "return": -0.001577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-06", "tenure": "Developing", "return": -0.134281, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-08-07", "tenure": "Established", "return": -0.256098, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.71, "volume": 77452424, "typical_volume": 61387241.7, "trend": 12.541333, "fair_value": 12.806026, "relative_strength": -6.294605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.503146, "energy": 30.566661, "activity_lines": [ 11.208, 11.138909, 11.416429, 11.845226 ] }, { "date": "2023-08-04", "close": 11.85, "volume": 115781570, "typical_volume": 64459440.5, "trend": 12.403, "fair_value": 12.847628, "relative_strength": -5.264069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.267335, "energy": 17.366316, "activity_lines": [ 11.454, 11.278, 11.423762, 11.800624 ] }, { "date": "2023-08-11", "close": 11.08, "volume": 39713520, "typical_volume": 63306740.25, "trend": 12.270667, "fair_value": 12.888654, "relative_strength": -8.337596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.156228, "energy": 20.171985, "activity_lines": [ 11.396, 11.257273, 11.359286, 11.715269 ] }, { "date": "2023-08-18", "close": 10.72, "volume": 37958878, "typical_volume": 57052562.95, "trend": 12.174333, "fair_value": 12.925962, "relative_strength": -9.466312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.162701, "energy": 22.253081, "activity_lines": [ 11.199333, 11.173455, 11.267, 11.615226 ] }, { "date": "2023-08-25", "close": 10.11, "volume": 28794724, "typical_volume": 53676751.9, "trend": 12.071333, "fair_value": 12.958269, "relative_strength": -12.431772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.362773, "energy": 42.96544, "activity_lines": [ 10.805333, 10.979273, 11.130048, 11.482043 ] }, { "date": "2023-09-01", "close": 10.89, "volume": 48404459, "typical_volume": 49141034.25, "trend": 11.959, "fair_value": 12.997949, "relative_strength": -7.601168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.744802, "energy": 49.514675, "activity_lines": [ 10.737333, 10.953273, 11.082476, 11.405828 ] }, { "date": "2023-09-08", "close": 10.6, "volume": 35057566, "typical_volume": 47332641.55, "trend": 11.841333, "fair_value": 13.033974, "relative_strength": -9.34219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.390773, "energy": 54.59062, "activity_lines": [ 10.627333, 10.876727, 11.016048, 11.318151 ] }, { "date": "2023-09-15", "close": 10.45, "volume": 22645489, "typical_volume": 45606233.75, "trend": 11.693, "fair_value": 13.069615, "relative_strength": -10.426705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.921248, "energy": 57.867896, "activity_lines": [ 10.550667, 10.782727, 10.942714, 11.228387 ] }, { "date": "2023-09-22", "close": 10.4, "volume": 21302924, "typical_volume": 45199263.95, "trend": 11.590333, "fair_value": 13.105449, "relative_strength": -11.1124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.076921, "energy": 41.014877, "activity_lines": [ 10.499333, 10.686, 10.87319, 11.144968 ] }, { "date": "2023-09-29", "close": 10.25, "volume": 13136800, "typical_volume": 43852186.45, "trend": 11.483, "fair_value": 13.142756, "relative_strength": -11.668744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.432174, "energy": 48.050179, "activity_lines": [ 10.419333, 10.569455, 10.8, 11.058495 ] }, { "date": "2023-10-13", "close": 9.73, "volume": 24093607, "typical_volume": 43049452.05, "trend": 11.384667, "fair_value": 13.175577, "relative_strength": -15.375848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.012382, "energy": 63.098061, "activity_lines": [ 10.156667, 10.373818, 10.685714, 10.945398 ] }, { "date": "2023-10-20", "close": 9.16, "volume": 21553104, "typical_volume": 42487972.3, "trend": 11.284333, "fair_value": 13.205897, "relative_strength": -17.413358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.706191, "energy": 77.694721, "activity_lines": [ 9.781333, 10.110545, 10.525095, 10.801871 ] }, { "date": "2023-10-27", "close": 9.55, "volume": 25588350, "typical_volume": 41094152.15, "trend": 11.188, "fair_value": 13.238077, "relative_strength": -14.872305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.993168, "energy": 75.792891, "activity_lines": [ 9.632, 9.967091, 10.409238, 10.689978 ] }, { "date": "2023-11-03", "close": 10.05, "volume": 48410098, "typical_volume": 41238807.1, "trend": 11.071667, "fair_value": 13.273462, "relative_strength": -10.899676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.839466, "energy": 67.99445, "activity_lines": [ 9.709333, 9.942364, 10.348905, 10.616559 ] }, { "date": "2023-11-10", "close": 10.16, "volume": 49148565, "typical_volume": 39716702.4, "trend": 10.967667, "fair_value": 13.309359, "relative_strength": -10.336465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.667135, "energy": 45.81568, "activity_lines": [ 9.846667, 9.949818, 10.302381, 10.557742 ] }, { "date": "2023-11-17", "close": 10.27, "volume": 19665259, "typical_volume": 39215338.05, "trend": 10.885667, "fair_value": 13.344551, "relative_strength": -9.852238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.972031, "energy": 27.940538, "activity_lines": [ 10.026667, 9.976364, 10.273, 10.512731 ] }, { "date": "2023-11-24", "close": 10.64, "volume": 37116193, "typical_volume": 38333120.05, "trend": 10.835333, "fair_value": 13.382308, "relative_strength": -6.290322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.700106, "energy": 20.527036, "activity_lines": [ 10.294, 10.081455, 10.282381, 10.496882 ] }, { "date": "2023-12-01", "close": 10.91, "volume": 61059316, "typical_volume": 39631044.0, "trend": 10.790667, "fair_value": 13.420449, "relative_strength": -3.759861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.374329, "energy": 18.667933, "activity_lines": [ 10.552667, 10.234909, 10.319857, 10.501699 ] }, { "date": "2023-12-08", "close": 10.66, "volume": 40354368, "typical_volume": 40013117.3, "trend": 10.725, "fair_value": 13.452179, "relative_strength": -4.176484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.073585, "energy": 19.991279, "activity_lines": [ 10.637333, 10.334545, 10.333, 10.493269 ] }, { "date": "2023-12-15", "close": 11.2, "volume": 56863595, "typical_volume": 41205040.45, "trend": 10.697667, "fair_value": 13.486731, "relative_strength": 1.468963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.547827, "energy": 35.637765, "activity_lines": [ 10.861333, 10.527636, 10.398286, 10.523914 ] }, { "date": "2023-12-22", "close": 10.14, "volume": 71373097, "typical_volume": 40901074.1, "trend": 10.655667, "fair_value": 13.516603, "relative_strength": -6.950292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 4.898864, "energy": 15.79189, "activity_lines": [ 10.662667, 10.510727, 10.362143, 10.487935 ] }, { "date": "2023-12-29", "close": 10.17, "volume": 39613692, "typical_volume": 37092680.2, "trend": 10.636, "fair_value": 13.548013, "relative_strength": -7.45774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.078596, "energy": 13.447779, "activity_lines": [ 10.482667, 10.491818, 10.336333, 10.456602 ] }, { "date": "2024-01-05", "close": 9.8, "volume": 13999219, "typical_volume": 35806965.15, "trend": 10.589, "fair_value": 13.574487, "relative_strength": -8.746977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.037149, "energy": 24.186252, "activity_lines": [ 10.210667, 10.387273, 10.283286, 10.402667 ] }, { "date": "2024-01-12", "close": 9.71, "volume": 19930197, "typical_volume": 34905531.1, "trend": 10.554333, "fair_value": 13.593782, "relative_strength": -7.223322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.910484, "energy": 37.616533, "activity_lines": [ 9.982667, 10.261818, 10.227762, 10.345957 ] }, { "date": "2024-01-19", "close": 9.27, "volume": 19115843, "typical_volume": 34421587.05, "trend": 10.478, "fair_value": 13.606026, "relative_strength": -9.154881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.171149, "energy": 64.308601, "activity_lines": [ 9.671333, 10.062545, 10.135143, 10.263097 ] }, { "date": "2024-01-26", "close": 10.07, "volume": 33641943, "typical_volume": 33683461.25, "trend": 10.446667, "fair_value": 13.614679, "relative_strength": -3.546581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.097997, "energy": 53.828489, "activity_lines": [ 9.755333, 10.024909, 10.122714, 10.236774 ] }, { "date": "2024-02-02", "close": 8.72, "volume": 141043669, "typical_volume": 38982766.4, "trend": 10.366, "fair_value": 13.611538, "relative_strength": -10.561306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.658747, "energy": 64.546761, "activity_lines": [ 9.394, 9.745455, 9.985619, 10.125376 ] }, { "date": "2024-02-09", "close": 8.05, "volume": 51855685, "typical_volume": 40443276.2, "trend": 10.274333, "fair_value": 13.615769, "relative_strength": -20.677605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.971316, "energy": 71.676469, "activity_lines": [ 8.906, 9.379091, 9.793667, 9.975957 ] }, { "date": "2024-02-23", "close": 8.59, "volume": 47132409, "typical_volume": 41734750.45, "trend": 10.200333, "fair_value": 13.614359, "relative_strength": -18.619634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.837172, "energy": 60.026582, "activity_lines": [ 8.714667, 9.162909, 9.664571, 9.86729 ] }, { "date": "2024-03-01", "close": 9.15, "volume": 85415650, "typical_volume": 45348692.95, "trend": 10.135333, "fair_value": 13.616346, "relative_strength": -13.188445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.570264, "energy": 57.504312, "activity_lines": [ 8.784667, 9.086182, 9.597429, 9.799527 ] }, { "date": "2024-03-08", "close": 8.91, "volume": 46993034, "typical_volume": 46493664.3, "trend": 10.042, "fair_value": 13.621346, "relative_strength": -15.4319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.735747, "energy": 44.871847, "activity_lines": [ 8.782667, 9.003091, 9.512667, 9.720473 ] }, { "date": "2024-03-15", "close": 9.23, "volume": 45335401, "typical_volume": 47682779.15, "trend": 9.954667, "fair_value": 13.629231, "relative_strength": -12.140923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.804748, "energy": 30.722006, "activity_lines": [ 8.964667, 9.000545, 9.462286, 9.668086 ] }, { "date": "2024-03-22", "close": 9.04, "volume": 39979447, "typical_volume": 48402334.0, "trend": 9.886667, "fair_value": 13.634936, "relative_strength": -13.297824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.715786, "energy": 21.80383, "activity_lines": [ 9.049333, 8.980545, 9.393476, 9.609075 ] }, { "date": "2024-03-29", "close": 8.62, "volume": 25958044, "typical_volume": 47279731.3, "trend": 9.816667, "fair_value": 13.637308, "relative_strength": -16.713476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.893761, "energy": 26.96556, "activity_lines": [ 8.928, 8.898, 9.287095, 9.527355 ] }, { "date": "2024-04-05", "close": 8.73, "volume": 14319425, "typical_volume": 45538274.3, "trend": 9.770667, "fair_value": 13.640833, "relative_strength": -15.965424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.245019, "energy": 29.436547, "activity_lines": [ 8.841333, 8.855273, 9.198, 9.457247 ] }, { "date": "2024-04-12", "close": 8.8, "volume": 50743986, "typical_volume": 47092210.65, "trend": 9.701, "fair_value": 13.645833, "relative_strength": -13.29157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.033937, "energy": 30.475488, "activity_lines": [ 8.806, 8.835091, 9.122381, 9.394624 ] }, { "date": "2024-04-19", "close": 7.25, "volume": 49456248, "typical_volume": 47709213.4, "trend": 9.589333, "fair_value": 13.636795, "relative_strength": -28.970514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.135438, "energy": 60.982122, "activity_lines": [ 8.261333, 8.556182, 8.906143, 9.236495 ] }, { "date": "2024-04-26", "close": 6.95, "volume": 34613337, "typical_volume": 46386914.45, "trend": 9.472667, "fair_value": 13.625833, "relative_strength": -31.809327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.795394, "energy": 73.636134, "activity_lines": [ 7.748667, 8.249455, 8.677476, 9.066215 ] }, { "date": "2024-05-03", "close": 7.53, "volume": 25097307, "typical_volume": 45624061.4, "trend": 9.377, "fair_value": 13.615962, "relative_strength": -25.962253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.999684, "energy": 73.487793, "activity_lines": [ 7.568667, 8.068182, 8.522905, 8.940882 ] }, { "date": "2024-05-10", "close": 7.93, "volume": 38622465, "typical_volume": 44712004.9, "trend": 9.299667, "fair_value": 13.605256, "relative_strength": -22.726469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.393812, "energy": 78.007543, "activity_lines": [ 7.594667, 7.978909, 8.421333, 8.847527 ] }, { "date": "2024-05-17", "close": 8.05, "volume": 34071504, "typical_volume": 42846925.25, "trend": 9.243667, "fair_value": 13.5925, "relative_strength": -20.967005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.485273, "energy": 70.428998, "activity_lines": [ 7.714, 7.933636, 8.346762, 8.766903 ] }, { "date": "2024-05-24", "close": 7.89, "volume": 21855793, "typical_volume": 41959030.3, "trend": 9.201333, "fair_value": 13.563269, "relative_strength": -20.373379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.091129, "energy": 42.467561, "activity_lines": [ 7.83, 7.874909, 8.266905, 8.67957 ] }, { "date": "2024-05-31", "close": 7.63, "volume": 21942585, "typical_volume": 42356198.6, "trend": 9.137333, "fair_value": 13.519295, "relative_strength": -22.481244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.060321, "energy": 38.373255, "activity_lines": [ 7.816667, 7.793273, 8.173143, 8.578194 ] }, { "date": "2024-06-07", "close": 7.05, "volume": 29508752, "typical_volume": 42835126.35, "trend": 9.037333, "fair_value": 13.460962, "relative_strength": -27.082886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.907396, "energy": 50.582332, "activity_lines": [ 7.564667, 7.631818, 8.034476, 8.443527 ] }, { "date": "2024-06-14", "close": 7.02, "volume": 12342817, "typical_volume": 42496475.05, "trend": 8.932667, "fair_value": 13.41109, "relative_strength": -26.430743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.923866, "energy": 57.033178, "activity_lines": [ 7.334667, 7.493455, 7.905619, 8.313376 ] }, { "date": "2024-06-21", "close": 7.29, "volume": 29774033, "typical_volume": 42303079.55, "trend": 8.833333, "fair_value": 13.368141, "relative_strength": -22.297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.534684, "energy": 58.507346, "activity_lines": [ 7.255333, 7.435273, 7.81319, 8.207398 ] }, { "date": "2024-06-28", "close": 7.63, "volume": 22620787, "typical_volume": 36381935.45, "trend": 8.733, "fair_value": 13.295256, "relative_strength": -17.342844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.604296, "energy": 46.838315, "activity_lines": [ 7.34, 7.466364, 7.766381, 8.129763 ] }, { "date": "2024-07-05", "close": 7.45, "volume": 15370375, "typical_volume": 34557669.95, "trend": 8.617667, "fair_value": 13.195897, "relative_strength": -18.351796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.168154, "energy": 39.084519, "activity_lines": [ 7.382, 7.457818, 7.707619, 8.046989 ] }, { "date": "2024-07-12", "close": 8.7, "volume": 39524634, "typical_volume": 34177281.2, "trend": 8.552333, "fair_value": 13.055256, "relative_strength": -5.012528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.994218, "energy": 11.962999, "activity_lines": [ 7.852667, 7.667455, 7.770762, 8.052301 ] }, { "date": "2024-07-19", "close": 8.83, "volume": 35784291, "typical_volume": 31695713.25, "trend": 8.473333, "fair_value": 12.934167, "relative_strength": -3.698219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.788416, "energy": 23.879126, "activity_lines": [ 8.256667, 7.879455, 7.845762, 8.070215 ] }, { "date": "2024-07-26", "close": 8.51, "volume": 22148400, "typical_volume": 30453481.55, "trend": 8.419, "fair_value": 12.807949, "relative_strength": -4.016246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.479024, "energy": 31.966503, "activity_lines": [ 8.433333, 8.016909, 7.89181, 8.072581 ] }, { "date": "2024-08-02", "close": 8.55, "volume": 20905413, "typical_volume": 29231982.15, "trend": 8.365, "fair_value": 12.711667, "relative_strength": -3.705556, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.585317, "energy": 36.536853, "activity_lines": [ 8.542, 8.153273, 7.943571, 8.081032 ] }, { "date": "2024-08-09", "close": 8.63, "volume": 20393200, "typical_volume": 28252669.8, "trend": 8.326, "fair_value": 12.624872, "relative_strength": -0.990951, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.981102, "energy": 49.57967, "activity_lines": [ 8.616, 8.292182, 8.00619, 8.098129 ] }, { "date": "2024-08-16", "close": 8.45, "volume": 14334983, "typical_volume": 27671516.75, "trend": 8.284, "fair_value": 12.512756, "relative_strength": -3.227304, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.083971, "energy": 35.104159, "activity_lines": [ 8.551333, 8.380182, 8.053619, 8.106129 ] }, { "date": "2024-08-23", "close": 6.89, "volume": 48009731, "typical_volume": 29356032.05, "trend": 8.204667, "fair_value": 12.390962, "relative_strength": -19.861345, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.863722, "energy": 22.757131, "activity_lines": [ 7.983333, 8.159091, 7.953286, 8.016194 ] }, { "date": "2024-08-30", "close": 6.85, "volume": 34901016, "typical_volume": 28563883.55, "trend": 8.097333, "fair_value": 12.306474, "relative_strength": -19.465188, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.120478, "energy": 39.794412, "activity_lines": [ 7.531333, 7.933091, 7.857905, 7.928796 ] }, { "date": "2024-09-06", "close": 6.71, "volume": 22068809, "typical_volume": 27194511.6, "trend": 8.030333, "fair_value": 12.220256, "relative_strength": -18.474192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.041936, "energy": 61.509004, "activity_lines": [ 7.143333, 7.689636, 7.758476, 7.83929 ] }, { "date": "2024-09-13", "close": 6.9, "volume": 45184894, "typical_volume": 27723089.45, "trend": 7.992, "fair_value": 12.133205, "relative_strength": -13.737262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.885265, "energy": 69.693738, "activity_lines": [ 6.941333, 7.497455, 7.679714, 7.766366 ] }, { "date": "2024-09-20", "close": 6.87, "volume": 17081095, "typical_volume": 27322278.85, "trend": 7.934667, "fair_value": 12.064808, "relative_strength": -14.644962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.152696, "energy": 74.993068, "activity_lines": [ 6.844667, 7.309818, 7.598333, 7.693978 ] }, { "date": "2024-09-27", "close": 7.95, "volume": 48386245, "typical_volume": 27810467.85, "trend": 7.894667, "fair_value": 12.005385, "relative_strength": -11.99938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.354553, "energy": 41.480633, "activity_lines": [ 7.213333, 7.351818, 7.622952, 7.694968 ] }, { "date": "2024-10-04", "close": 8.52, "volume": 33167812, "typical_volume": 27765283.25, "trend": 7.881667, "fair_value": 11.951026, "relative_strength": -12.285379, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.320143, "energy": 8.149944, "activity_lines": [ 7.701333, 7.513455, 7.701762, 7.735312 ] }, { "date": "2024-10-11", "close": 7.4, "volume": 79968565, "typical_volume": 30670921.85, "trend": 7.820667, "fair_value": 11.885833, "relative_strength": -20.48122, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.873133, "energy": 19.826802, "activity_lines": [ 7.704667, 7.471273, 7.671667, 7.704237 ] }, { "date": "2024-10-18", "close": 7.38, "volume": 41697103, "typical_volume": 31658647.75, "trend": 7.765333, "fair_value": 11.828333, "relative_strength": -21.296962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.571769, "energy": 22.16299, "activity_lines": [ 7.655333, 7.446364, 7.642, 7.675806 ] }, { "date": "2024-10-25", "close": 7.89, "volume": 61894237, "typical_volume": 33277922.0, "trend": 7.741, "fair_value": 11.778974, "relative_strength": -16.450853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.186455, "energy": 9.90136, "activity_lines": [ 7.744, 7.536909, 7.662095, 7.683849 ] }, { "date": "2024-11-01", "close": 8.56, "volume": 104057839, "typical_volume": 37863673.1, "trend": 7.735333, "fair_value": 11.712628, "relative_strength": -8.250956, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.420893, "energy": 29.667936, "activity_lines": [ 7.988, 7.759455, 7.742, 7.736688 ] }, { "date": "2024-11-08", "close": 9.2, "volume": 160457550, "typical_volume": 44397848.95, "trend": 7.748667, "fair_value": 11.65, "relative_strength": -6.128496, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.287934, "energy": 56.802039, "activity_lines": [ 8.404667, 8.068, 7.875524, 7.831183 ] }, { "date": "2024-11-15", "close": 8.52, "volume": 67118614, "typical_volume": 46622740.3, "trend": 7.791, "fair_value": 11.565833, "relative_strength": -9.411913, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.228988, "energy": 55.872645, "activity_lines": [ 8.549333, 8.210182, 7.93519, 7.880946 ] }, { "date": "2024-11-22", "close": 8.0, "volume": 40010167, "typical_volume": 47854729.9, "trend": 7.826, "fair_value": 11.490769, "relative_strength": -12.743667, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.02786, "energy": 53.844281, "activity_lines": [ 8.446, 8.224909, 7.941095, 7.89443 ] }, { "date": "2024-11-29", "close": 8.68, "volume": 55382665, "typical_volume": 48647631.45, "trend": 7.864333, "fair_value": 11.428397, "relative_strength": -6.443283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.404591, "energy": 53.318819, "activity_lines": [ 8.528, 8.343273, 8.009143, 7.949527 ] }, { "date": "2024-12-06", "close": 9.7, "volume": 388229097, "typical_volume": 66269871.75, "trend": 7.923333, "fair_value": 11.377372, "relative_strength": 2.69724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.5912, "energy": 51.485781, "activity_lines": [ 8.897333, 8.614182, 8.174429, 8.067957 ] }, { "date": "2024-12-13", "close": 9.89, "volume": 220867980, "typical_volume": 76205850.75, "trend": 7.984667, "fair_value": 11.331282, "relative_strength": 5.578566, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.223288, "energy": 60.786013, "activity_lines": [ 9.254, 8.887818, 8.353667, 8.194839 ] }, { "date": "2024-12-20", "close": 8.9, "volume": 119972501, "typical_volume": 81159205.15, "trend": 8.018333, "fair_value": 11.267821, "relative_strength": -3.536644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.952903, "energy": 51.432624, "activity_lines": [ 9.234667, 8.956545, 8.432048, 8.253892 ] }, { "date": "2024-12-27", "close": 7.66, "volume": 149030427, "typical_volume": 87591066.5, "trend": 8.019333, "fair_value": 11.197821, "relative_strength": -17.045672, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.003522, "energy": 26.139197, "activity_lines": [ 8.776667, 8.772545, 8.390667, 8.230774 ] }, { "date": "2025-01-03", "close": 7.38, "volume": 106201129, "typical_volume": 92184373.8, "trend": 8.030333, "fair_value": 11.121474, "relative_strength": -14.704731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.360252, "energy": 10.375133, "activity_lines": [ 8.248, 8.532545, 8.327238, 8.189527 ] }, { "date": "2025-01-10", "close": 6.77, "volume": 65162051, "typical_volume": 93041989.8, "trend": 8.022, "fair_value": 11.028141, "relative_strength": -20.005013, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.767007, "energy": 32.033991, "activity_lines": [ 7.602667, 8.190909, 8.21081, 8.108215 ] }, { "date": "2025-01-17", "close": 7.07, "volume": 56567792, "typical_volume": 94125328.6, "trend": 8.014667, "fair_value": 10.946474, "relative_strength": -17.644375, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -25.047481, "energy": 35.372721, "activity_lines": [ 7.252667, 7.936364, 8.123524, 8.046796 ] }, { "date": "2025-01-24", "close": 5.5, "volume": 146221582, "typical_volume": 100332967.25, "trend": 7.943667, "fair_value": 10.8575, "relative_strength": -35.403366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.595069, "energy": 74.719808, "activity_lines": [ 6.567333, 7.435091, 7.885667, 7.884559 ] }, { "date": "2025-01-31", "close": 5.35, "volume": 13909500, "typical_volume": 98769197.55, "trend": 7.873667, "fair_value": 10.775256, "relative_strength": -36.27657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.640128, "energy": 84.06667, "activity_lines": [ 6.058667, 6.961455, 7.639286, 7.717226 ] }, { "date": "2025-02-07", "close": 5.71, "volume": 59751785, "typical_volume": 100902732.05, "trend": 7.774, "fair_value": 10.701346, "relative_strength": -32.342793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.507885, "energy": 82.197222, "activity_lines": [ 5.824, 6.601455, 7.434571, 7.577634 ] }, { "date": "2025-02-14", "close": 5.85, "volume": 92050600, "typical_volume": 103085949.8, "trend": 7.674667, "fair_value": 10.634615, "relative_strength": -31.024869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.521749, "energy": 80.182794, "activity_lines": [ 5.747333, 6.320909, 7.248714, 7.453505 ] }, { "date": "2025-02-21", "close": 5.73, "volume": 57945251, "typical_volume": 104324821.75, "trend": 7.582, "fair_value": 10.559295, "relative_strength": -32.491539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.302241, "energy": 74.400697, "activity_lines": [ 5.692, 6.088545, 7.061429, 7.328043 ] }, { "date": "2025-02-28", "close": 7.02, "volume": 110110179, "typical_volume": 105831902.45, "trend": 7.531, "fair_value": 10.517051, "relative_strength": -15.253728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.914615, "energy": 42.626908, "activity_lines": [ 6.156, 6.166364, 7.010286, 7.291785 ] }, { "date": "2025-03-07", "close": 6.94, "volume": 258204040, "typical_volume": 116657249.3, "trend": 7.474667, "fair_value": 10.473397, "relative_strength": -16.947192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.514066, "energy": 28.612997, "activity_lines": [ 6.492, 6.263818, 6.953333, 7.253656 ] }, { "date": "2025-03-14", "close": 7.45, "volume": 261542201, "typical_volume": 126639647.5, "trend": 7.441333, "fair_value": 10.428462, "relative_strength": -11.490596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.1877, "energy": 23.192427, "activity_lines": [ 6.892, 6.467091, 6.947048, 7.252065 ] }, { "date": "2025-03-21", "close": 6.51, "volume": 148002179, "typical_volume": 128836864.5, "trend": 7.428667, "fair_value": 10.38, "relative_strength": -20.761883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.370019, "energy": 26.869652, "activity_lines": [ 6.862667, 6.498182, 6.853333, 7.191978 ] }, { "date": "2025-03-28", "close": 6.24, "volume": 93052613, "typical_volume": 125466617.65, "trend": 7.408333, "fair_value": 10.328846, "relative_strength": -23.153156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.659805, "energy": 25.076375, "activity_lines": [ 6.699333, 6.484909, 6.743667, 7.11529 ] }, { "date": "2025-04-04", "close": 6.03, "volume": 48882655, "typical_volume": 124554819.7, "trend": 7.385667, "fair_value": 10.279744, "relative_strength": -24.912928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.796788, "energy": 32.198903, "activity_lines": [ 6.432, 6.448545, 6.628095, 7.026366 ] }, { "date": "2025-04-11", "close": 6.04, "volume": 109793492, "typical_volume": 128043985.95, "trend": 7.357, "fair_value": 10.231667, "relative_strength": -21.720682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.031763, "energy": 43.024689, "activity_lines": [ 6.234, 6.404364, 6.525333, 6.939548 ] }, { "date": "2025-04-18", "close": 5.92, "volume": 169258451, "typical_volume": 133737775.25, "trend": 7.325333, "fair_value": 10.187821, "relative_strength": -23.8341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.846138, "energy": 52.40488, "activity_lines": [ 6.056, 6.325818, 6.420476, 6.846839 ] }, { "date": "2025-04-25", "close": 5.44, "volume": 94221114, "typical_volume": 119037376.1, "trend": 7.241667, "fair_value": 10.143013, "relative_strength": -30.059281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.809174, "energy": 70.270766, "activity_lines": [ 5.82, 6.156182, 6.283048, 6.725204 ] }, { "date": "2025-05-02", "close": 4.61, "volume": 56612697, "typical_volume": 110824611.95, "trend": 7.111333, "fair_value": 10.086859, "relative_strength": -39.941897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.545782, "energy": 82.052205, "activity_lines": [ 5.378667, 5.843091, 6.086857, 6.555419 ] }, { "date": "2025-05-09", "close": 5.0, "volume": 117101552, "typical_volume": 110681064.5, "trend": 7.031333, "fair_value": 10.026923, "relative_strength": -35.54952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.484932, "energy": 78.042152, "activity_lines": [ 5.176, 5.621273, 5.952952, 6.419204 ] }, { "date": "2025-05-16", "close": 5.15, "volume": 119267327, "typical_volume": 109192909.5, "trend": 6.957, "fair_value": 9.975962, "relative_strength": -33.554876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.609089, "energy": 73.240703, "activity_lines": [ 5.092, 5.463455, 5.851905, 6.297828 ] }, { "date": "2025-05-23", "close": 5.38, "volume": 76332768, "typical_volume": 107699491.45, "trend": 6.873333, "fair_value": 9.93141, "relative_strength": -29.63459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.806451, "energy": 53.557346, "activity_lines": [ 5.144, 5.38, 5.784714, 6.196086 ] }, { "date": "2025-05-30", "close": 6.16, "volume": 73966024, "typical_volume": 108139690.1, "trend": 6.793333, "fair_value": 9.895128, "relative_strength": -18.980639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.221997, "energy": 31.90785, "activity_lines": [ 5.492, 5.476, 5.801333, 6.150065 ] }, { "date": "2025-06-06", "close": 6.47, "volume": 55698999, "typical_volume": 108096250.45, "trend": 6.702333, "fair_value": 9.855321, "relative_strength": -15.569844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.846738, "energy": 16.36427, "activity_lines": [ 5.895333, 5.634727, 5.850381, 6.129204 ] }, { "date": "2025-06-13", "close": 5.99, "volume": 68867258, "typical_volume": 104228534.25, "trend": 6.618, "fair_value": 9.803974, "relative_strength": -21.278196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.820184, "energy": 22.99666, "activity_lines": [ 6.014667, 5.702, 5.856571, 6.083247 ] }, { "date": "2025-06-20", "close": 5.45, "volume": 44013002, "typical_volume": 105733709.35, "trend": 6.533, "fair_value": 9.753333, "relative_strength": -27.50964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.387723, "energy": 25.09537, "activity_lines": [ 5.888, 5.671818, 5.809, 6.007892 ] }, { "date": "2025-06-27", "close": 5.95, "volume": 60935644, "typical_volume": 105792902.3, "trend": 6.442, "fair_value": 9.703333, "relative_strength": -21.785618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.665732, "energy": 17.221364, "activity_lines": [ 5.908, 5.743273, 5.808571, 5.97028 ] }, { "date": "2025-07-04", "close": 6.05, "volume": 40475023, "typical_volume": 103214123.45, "trend": 6.320333, "fair_value": 9.656667, "relative_strength": -21.037291, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.578143, "energy": 5.83453, "activity_lines": [ 5.923333, 5.832364, 5.816524, 5.944989 ] }, { "date": "2025-07-11", "close": 6.3, "volume": 41121483, "typical_volume": 102372935.05, "trend": 6.200667, "fair_value": 9.610256, "relative_strength": -17.849832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.775331, "energy": 4.636897, "activity_lines": [ 6.029333, 5.955818, 5.847333, 5.943677 ] }, { "date": "2025-07-18", "close": 6.3, "volume": 48351469, "typical_volume": 99284999.55, "trend": 6.114, "fair_value": 9.565256, "relative_strength": -17.559677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.013332, "energy": 18.279505, "activity_lines": [ 6.146667, 6.048545, 5.875429, 5.950086 ] }, { "date": "2025-07-25", "close": 6.46, "volume": 69757740, "typical_volume": 89862684.55, "trend": 6.074, "fair_value": 9.517885, "relative_strength": -16.001582, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.570839, "energy": 36.501678, "activity_lines": [ 6.296667, 6.146727, 5.92219, 5.972409 ] }, { "date": "2025-08-01", "close": 7.43, "volume": 106260670, "typical_volume": 82098608.0, "trend": 6.075667, "fair_value": 9.477051, "relative_strength": -1.718395, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.740134, "energy": 64.985748, "activity_lines": [ 6.702667, 6.397455, 6.063619, 6.059892 ] }, { "date": "2025-08-08", "close": 6.96, "volume": 63572778, "typical_volume": 77877137.95, "trend": 6.082, "fair_value": 9.437885, "relative_strength": -8.931749, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.047881, "energy": 71.177453, "activity_lines": [ 6.853333, 6.525455, 6.160381, 6.116946 ] }, { "date": "2025-08-15", "close": 6.6, "volume": 48849508, "typical_volume": 75666982.7, "trend": 6.066333, "fair_value": 9.393205, "relative_strength": -14.180019, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.931003, "energy": 65.772001, "activity_lines": [ 6.823333, 6.573455, 6.220714, 6.150366 ] }, { "date": "2025-08-22", "close": 7.1, "volume": 68295499, "typical_volume": 76637624.9, "trend": 6.119667, "fair_value": 9.35109, "relative_strength": -10.328642, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.621923, "energy": 67.760777, "activity_lines": [ 6.94, 6.71, 6.326952, 6.217054 ] }, { "date": "2025-08-29", "close": 6.76, "volume": 48888139, "typical_volume": 73592357.25, "trend": 6.166667, "fair_value": 9.313397, "relative_strength": -14.813925, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.045474, "energy": 41.395416, "activity_lines": [ 6.89, 6.764545, 6.395714, 6.258366 ] }, { "date": "2025-09-05", "close": 6.55, "volume": 41595101, "typical_volume": 67209189.75, "trend": 6.194667, "fair_value": 9.272179, "relative_strength": -15.920496, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.780319, "energy": 29.009787, "activity_lines": [ 6.75, 6.757091, 6.441048, 6.283097 ] }, { "date": "2025-09-12", "close": 6.73, "volume": 32182577, "typical_volume": 64107262.9, "trend": 6.224, "fair_value": 9.235769, "relative_strength": -14.250257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.571881, "energy": 27.838803, "activity_lines": [ 6.728667, 6.771455, 6.500524, 6.317634 ] }, { "date": "2025-09-19", "close": 6.34, "volume": 32060153, "typical_volume": 62879635.7, "trend": 6.244333, "fair_value": 9.195, "relative_strength": -17.485709, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.377446, "energy": 18.354384, "activity_lines": [ 6.592667, 6.702545, 6.516714, 6.325118 ] }, { "date": "2025-09-26", "close": 5.93, "volume": 39183490, "typical_volume": 58983732.6, "trend": 6.208, "fair_value": 9.154423, "relative_strength": -22.220582, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.398927, "energy": 15.414396, "activity_lines": [ 6.337333, 6.558364, 6.485619, 6.304839 ] }, { "date": "2025-10-03", "close": 6.06, "volume": 12401700, "typical_volume": 53640451.25, "trend": 6.178667, "fair_value": 9.116474, "relative_strength": -20.876108, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.978534, "energy": 14.986863, "activity_lines": [ 6.203333, 6.444545, 6.462476, 6.29529 ] }, { "date": "2025-10-10", "close": 5.93, "volume": 8990261, "typical_volume": 50273325.9, "trend": 6.128, "fair_value": 9.083718, "relative_strength": -22.266962, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.880258, "energy": 27.641914, "activity_lines": [ 6.072667, 6.314364, 6.422619, 6.279247 ] }, { "date": "2025-10-17", "close": 5.97, "volume": 23590753, "typical_volume": 47754562.35, "trend": 6.11, "fair_value": 9.052051, "relative_strength": -20.019113, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.126522, "energy": 30.327103, "activity_lines": [ 5.996667, 6.218727, 6.383952, 6.269054 ] }, { "date": "2025-10-24", "close": 6.51, "volume": 35440702, "typical_volume": 46741647.5, "trend": 6.119, "fair_value": 9.029038, "relative_strength": -14.597694, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.387734, "energy": 15.25659, "activity_lines": [ 6.151333, 6.239273, 6.397619, 6.29486 ] }, { "date": "2025-10-31", "close": 6.7, "volume": 48022883, "typical_volume": 45699428.75, "trend": 6.141333, "fair_value": 9.008974, "relative_strength": -11.390503, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.746181, "energy": 14.638243, "activity_lines": [ 6.358, 6.296, 6.42919, 6.332344 ] }, { "date": "2025-11-07", "close": 6.85, "volume": 47030107, "typical_volume": 45850284.0, "trend": 6.168333, "fair_value": 8.9925, "relative_strength": -9.509982, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.548307, "energy": 30.683117, "activity_lines": [ 6.563333, 6.387273, 6.471667, 6.378065 ] }, { "date": "2025-11-14", "close": 6.76, "volume": 29483140, "typical_volume": 44277658.8, "trend": 6.196333, "fair_value": 8.980192, "relative_strength": -9.748951, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.919622, "energy": 37.771303, "activity_lines": [ 6.686, 6.460545, 6.498905, 6.416237 ] }, { "date": "2025-11-21", "close": 6.47, "volume": 37204933, "typical_volume": 44114154.3, "trend": 6.230667, "fair_value": 8.956731, "relative_strength": -9.409095, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.985851, "energy": 36.245724, "activity_lines": [ 6.656667, 6.477273, 6.494667, 6.433892 ] }, { "date": "2025-11-28", "close": 6.71, "volume": 18507612, "typical_volume": 42983460.75, "trend": 6.300667, "fair_value": 8.934487, "relative_strength": -6.492862, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.75576, "energy": 45.8124, "activity_lines": [ 6.674, 6.542364, 6.511286, 6.464817 ] }, { "date": "2025-12-05", "close": 6.52, "volume": 27030560, "typical_volume": 41917415.3, "trend": 6.351333, "fair_value": 8.910577, "relative_strength": -8.345428, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.576172, "energy": 26.423021, "activity_lines": [ 6.614667, 6.566182, 6.507857, 6.478968 ] }, { "date": "2025-12-12", "close": 6.51, "volume": 33577600, "typical_volume": 40108408.3, "trend": 6.396667, "fair_value": 8.888077, "relative_strength": -6.949937, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.877375, "energy": 15.420624, "activity_lines": [ 6.564, 6.577455, 6.502429, 6.489204 ] }, { "date": "2025-12-19", "close": 6.56, "volume": 17580300, "typical_volume": 35674389.8, "trend": 6.436, "fair_value": 8.858269, "relative_strength": -5.293607, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.584127, "energy": 15.310482, "activity_lines": [ 6.552667, 6.589636, 6.501524, 6.499742 ] }, { "date": "2025-12-26", "close": 6.52, "volume": 48670144, "typical_volume": 34929258.1, "trend": 6.448, "fair_value": 8.815256, "relative_strength": -6.999508, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.372185, "energy": 10.398603, "activity_lines": [ 6.541333, 6.583091, 6.500952, 6.505161 ] }, { "date": "2026-01-02", "close": 6.33, "volume": 19891702, "typical_volume": 33481367.8, "trend": 6.443333, "fair_value": 8.739295, "relative_strength": -9.132404, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.705703, "energy": 8.13472, "activity_lines": [ 6.463333, 6.532, 6.484381, 6.497548 ] }, { "date": "2026-01-09", "close": 6.33, "volume": 28170352, "typical_volume": 31475110.45, "trend": 6.454667, "fair_value": 8.68641, "relative_strength": -11.895759, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.264377, "energy": 10.743036, "activity_lines": [ 6.410667, 6.484182, 6.469095, 6.490237 ] }, { "date": "2026-01-16", "close": 6.65, "volume": 48749456, "typical_volume": 31468176.3, "trend": 6.494667, "fair_value": 8.626474, "relative_strength": -6.446629, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.189789, "energy": 5.48381, "activity_lines": [ 6.477333, 6.501273, 6.487952, 6.502839 ] }, { "date": "2026-01-23", "close": 6.62, "volume": 44303110, "typical_volume": 31603576.75, "trend": 6.517, "fair_value": 8.572436, "relative_strength": -7.547107, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.482547, "energy": 3.716471, "activity_lines": [ 6.524667, 6.516545, 6.504476, 6.510925 ] }, { "date": "2026-01-30", "close": 6.5, "volume": 50353025, "typical_volume": 32512099.15, "trend": 6.532, "fair_value": 8.526859, "relative_strength": -8.753125, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.68121, "energy": 8.446495, "activity_lines": [ 6.528, 6.512545, 6.509238, 6.509828 ] }, { "date": "2026-02-06", "close": 5.48, "volume": 63293865, "typical_volume": 34073784.75, "trend": 6.504667, "fair_value": 8.477372, "relative_strength": -21.750042, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.618367, "energy": 50.2403, "activity_lines": [ 6.192667, 6.322545, 6.417952, 6.441957 ] }, { "date": "2026-02-13", "close": 5.74, "volume": 36779585, "typical_volume": 33953589.5, "trend": 6.486, "fair_value": 8.422756, "relative_strength": -18.055833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.812136, "energy": 62.091567, "activity_lines": [ 6.000667, 6.202182, 6.355524, 6.392624 ] }, { "date": "2026-02-27", "close": 5.77, "volume": 21025294, "typical_volume": 34384769.2, "trend": 6.463, "fair_value": 8.369167, "relative_strength": -18.94525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.080992, "energy": 68.406707, "activity_lines": [ 5.858, 6.101455, 6.296857, 6.34643 ] }, { "date": "2026-03-06", "close": 5.51, "volume": 31168323, "typical_volume": 35493672.3, "trend": 6.399, "fair_value": 8.308974, "relative_strength": -21.182073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.262782, "energy": 76.341484, "activity_lines": [ 5.687333, 5.966909, 6.21481, 6.284946 ] }, { "date": "2026-03-13", "close": 5.42, "volume": 30620802, "typical_volume": 35845174.75, "trend": 6.347667, "fair_value": 8.257308, "relative_strength": -21.269348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.146249, "energy": 75.535654, "activity_lines": [ 5.560667, 5.835091, 6.12619, 6.221785 ] }, { "date": "2026-03-20", "close": 5.12, "volume": 21424113, "typical_volume": 35144345.3, "trend": 6.298333, "fair_value": 8.203782, "relative_strength": -22.238905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.038392, "energy": 78.742854, "activity_lines": [ 5.406, 5.668727, 6.011619, 6.142581 ] }, { "date": "2026-03-27", "close": 5.08, "volume": 35292117, "typical_volume": 34507807.0, "trend": 6.231, "fair_value": 8.155064, "relative_strength": -21.413942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.788987, "energy": 76.80515, "activity_lines": [ 5.262, 5.517091, 5.899857, 6.063978 ] }, { "date": "2026-04-03", "close": 4.36, "volume": 49285944, "typical_volume": 34620598.85, "trend": 6.151, "fair_value": 8.105, "relative_strength": -31.377715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.089638, "energy": 89.055673, "activity_lines": [ 4.922, 5.257273, 5.727238, 5.943269 ] }, { "date": "2026-04-10", "close": 3.92, "volume": 25328899, "typical_volume": 34412886.8, "trend": 6.063333, "fair_value": 8.050385, "relative_strength": -39.360891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.073623, "energy": 93.897543, "activity_lines": [ 4.529333, 4.959091, 5.524571, 5.799333 ] }, { "date": "2026-04-17", "close": 4.67, "volume": 75995685, "typical_volume": 36352424.4, "trend": 5.994667, "fair_value": 7.993526, "relative_strength": -28.315904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.605294, "energy": 78.747482, "activity_lines": [ 4.492667, 4.846364, 5.406857, 5.709441 ] }, { "date": "2026-04-24", "close": 4.98, "volume": 36803864, "typical_volume": 37267237.0, "trend": 5.949333, "fair_value": 7.940321, "relative_strength": -23.555148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.186077, "energy": 63.228719, "activity_lines": [ 4.609333, 4.823273, 5.327238, 5.643978 ] }, { "date": "2026-05-01", "close": 5.64, "volume": 66908108, "typical_volume": 39261114.4, "trend": 5.939667, "fair_value": 7.894872, "relative_strength": -13.813041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.400965, "energy": 36.498274, "activity_lines": [ 4.955333, 4.929273, 5.318714, 5.624022 ] }, { "date": "2026-05-08", "close": 5.3, "volume": 34597160, "typical_volume": 39312092.4, "trend": 5.914333, "fair_value": 7.850962, "relative_strength": -20.189247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.207773, "energy": 23.195524, "activity_lines": [ 5.150667, 4.975273, 5.282, 5.582753 ] }, { "date": "2026-05-15", "close": 5.16, "volume": 44762939, "typical_volume": 40671224.35, "trend": 5.888667, "fair_value": 7.805513, "relative_strength": -21.223301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.977618, "energy": 25.670579, "activity_lines": [ 5.236667, 5.004364, 5.237714, 5.534086 ] }, { "date": "2026-05-22", "close": 5.27, "volume": 32558260, "typical_volume": 39865630.15, "trend": 5.865333, "fair_value": 7.758333, "relative_strength": -18.85968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.263549, "energy": 24.257856, "activity_lines": [ 5.276667, 5.059818, 5.210571, 5.494172 ] }, { "date": "2026-05-29", "close": 4.95, "volume": 25057330, "typical_volume": 40123911.55, "trend": 5.813333, "fair_value": 7.713013, "relative_strength": -22.588453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.890044, "energy": 18.614217, "activity_lines": [ 5.17, 5.059818, 5.158905, 5.435118 ] }, { "date": "2026-06-05", "close": 5.13, "volume": 3268252, "typical_volume": 38878806.55, "trend": 5.761, "fair_value": 7.672821, "relative_strength": -18.394474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.189963, "energy": 19.480791, "activity_lines": [ 5.125333, 5.095636, 5.130952, 5.391032 ] }, { "date": "2026-06-12", "close": 4.91, "volume": 2605500, "typical_volume": 36571608.75, "trend": 5.696333, "fair_value": 7.635321, "relative_strength": -21.294999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.688342, "energy": 25.596566, "activity_lines": [ 5.041333, 5.090545, 5.087762, 5.336129 ] }, { "date": "2026-06-19", "close": 4.83, "volume": 10778585, "typical_volume": 34895382.5, "trend": 5.632, "fair_value": 7.594423, "relative_strength": -23.126984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.993068, "energy": 30.663492, "activity_lines": [ 4.956667, 5.060909, 5.045238, 5.280237 ] }, { "date": "2026-06-26", "close": 4.54, "volume": 4004100, "typical_volume": 32577936.25, "trend": 5.567667, "fair_value": 7.554615, "relative_strength": -26.150879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.982919, "energy": 47.140001, "activity_lines": [ 4.797333, 4.962, 4.983619, 5.209785 ] }, { "date": "2026-07-03", "close": 4.81, "volume": 4662900, "typical_volume": 29646388.0, "trend": 5.504333, "fair_value": 7.511346, "relative_strength": -21.53408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.774461, "energy": 49.59703, "activity_lines": [ 4.776667, 4.914545, 4.957048, 5.160903 ] }, { "date": "2026-07-10", "close": 4.57, "volume": 17073528, "typical_volume": 28661085.15, "trend": 5.439333, "fair_value": 7.470064, "relative_strength": -23.986073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.457605, "energy": 57.006055, "activity_lines": [ 4.685333, 4.826545, 4.91081, 5.100624 ] }, { "date": "2026-07-17", "close": 4.07, "volume": 15692010, "typical_volume": 28394420.95, "trend": 5.358, "fair_value": 7.424744, "relative_strength": -27.468573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.224306, "energy": 75.887282, "activity_lines": [ 4.464667, 4.667091, 4.822524, 5.01228 ] }, { "date": "2026-07-24", "close": 3.9, "volume": 16899201, "typical_volume": 27680964.85, "trend": 5.269333, "fair_value": 7.380513, "relative_strength": -30.730945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.041323, "energy": 80.123535, "activity_lines": [ 4.243333, 4.499091, 4.726143, 4.918215 ] }, { "date": "2026-07-31", "close": 4.14, "volume": 12994050, "typical_volume": 26799627.25, "trend": 5.19, "fair_value": 7.337756, "relative_strength": -26.124467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.276985, "energy": 79.538947, "activity_lines": [ 4.164, 4.397636, 4.660286, 4.845355 ] }, { "date": "2026-08-07", "close": 4.27, "volume": 42055952, "typical_volume": 27831219.2, "trend": 5.121333, "fair_value": 7.293974, "relative_strength": -24.897967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.615225, "energy": 73.624053, "activity_lines": [ 4.154667, 4.340364, 4.612905, 4.786 ] } ], "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." } } }