{ "ticker": { "uuid": "d8e8c087-3e4b-4193-b87a-c050ce49d24c", "symbol": "1712", "name": "Dragon Mining Limited", "exchange": "HKG", "country": "HK", "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": "2026-08-28", "benchmark": "^HSI", "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": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "down", "architecture_direction": 12.846, "architecture_energy": 41.384, "architecture_maturity": 34.718, "architecture_confidence": 74.895, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 37.92, "rotation_up": 58.54, "upward_expansion": 42.87, "deceleration": 41.6, "rotation_down": 14.0, "downward_expansion": 46.54 }, "activity_lines": [ 7.268, 6.416182, 6.139905, 6.71129 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 7.44, "trend_reference": 7.701667, "distance_from_trend": -0.033975, "trend_direction": "Weakening", "fair_value": 3.864744, "distance_from_fair_value": 0.925095, "fair_value_direction": "Improving", "relative_strength": 0.604364, "relative_strength_direction": "Improving", "price_momentum": -0.372152, "excess_performance": -0.332883, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.033975, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054004, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.925095, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.248722, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006044, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.1582, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.372152, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.735338, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.735338, "dry_up": 1.337619, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.102874, "annualized_volatility": 0.85921, "from_high_reference": -0.425926, "from_low_reference": 0.837037 }, "levels": { "trend_reference": 7.701667, "fair_value_reference": 3.864744, "structural_low": 4.05, "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": 6, "median_return": 0.02381, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.024385, "regime_survival": 0.5, "best_return": 0.190217, "worst_return": -0.097143, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.085714, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.024537, "regime_survival": 0.0, "best_return": 0.570588, "worst_return": -0.102857, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.095238, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.202185, "regime_survival": 0.0, "best_return": 1.635294, "worst_return": -0.268571, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.52381, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.776543, "regime_survival": 0.0, "best_return": 5.641176, "worst_return": -0.548571, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-15", "end": "2024-04-12", "tenure": "Developing", "return": 0.220238, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-05-24", "tenure": "Developing", "return": -0.100529, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-09-06", "tenure": "Established", "return": -0.062857, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-01-31", "tenure": "Established", "return": -0.088608, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": 0.241176, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-07-11", "tenure": "Established", "return": 0.625592, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.276353, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-07", "tenure": "Established", "return": 0.298387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-23", "tenure": "Developing", "return": 0.235465, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-27", "tenure": "Developing", "return": 0.169811, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-15", "tenure": "Developing", "return": -0.174863, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-19", "tenure": "Developing", "return": -0.24507, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-21", "tenure": "Developing", "return": 0.624454, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2026-08-28", "end": "2026-08-28", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-09-08", "close": 1.55, "volume": 0, "typical_volume": 145260.7, "trend": 1.278667, "fair_value": 1.449744, "relative_strength": 49.802361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.362726, "energy": 80.872319, "activity_lines": [ 1.562667, 1.462545, 1.389857, 1.357828 ] }, { "date": "2023-09-15", "close": 1.55, "volume": 0, "typical_volume": 125710.7, "trend": 1.295333, "fair_value": 1.447308, "relative_strength": 47.961163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.05129, "energy": 80.142598, "activity_lines": [ 1.568, 1.494364, 1.404476, 1.375333 ] }, { "date": "2023-09-22", "close": 1.55, "volume": 0, "typical_volume": 123810.7, "trend": 1.314667, "fair_value": 1.443526, "relative_strength": 47.182747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.963395, "energy": 65.539531, "activity_lines": [ 1.558667, 1.519818, 1.418857, 1.391763 ] }, { "date": "2023-09-29", "close": 1.48, "volume": 0, "typical_volume": 118310.7, "trend": 1.334, "fair_value": 1.439231, "relative_strength": 40.656533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.441311, "energy": 41.633159, "activity_lines": [ 1.529333, 1.525273, 1.42681, 1.40243 ] }, { "date": "2023-10-06", "close": 1.48, "volume": 0, "typical_volume": 113110.7, "trend": 1.353333, "fair_value": 1.435256, "relative_strength": 41.388447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.604837, "energy": 30.554946, "activity_lines": [ 1.508, 1.524727, 1.435429, 1.411849 ] }, { "date": "2023-10-13", "close": 1.3, "volume": 19000, "typical_volume": 113177.55, "trend": 1.365, "fair_value": 1.430256, "relative_strength": 20.785402, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.711314, "energy": 15.199953, "activity_lines": [ 1.434, 1.486364, 1.427143, 1.408409 ] }, { "date": "2023-10-20", "close": 1.59, "volume": 18000, "typical_volume": 106427.55, "trend": 1.378667, "fair_value": 1.427885, "relative_strength": 50.87423, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.081066, "energy": 24.191539, "activity_lines": [ 1.473333, 1.502182, 1.447571, 1.422925 ] }, { "date": "2023-10-27", "close": 1.5, "volume": 0, "typical_volume": 106277.55, "trend": 1.396, "fair_value": 1.424103, "relative_strength": 38.924025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.679598, "energy": 18.22068, "activity_lines": [ 1.48, 1.496909, 1.458524, 1.430753 ] }, { "date": "2023-11-03", "close": 1.48, "volume": 0, "typical_volume": 105727.55, "trend": 1.415333, "fair_value": 1.420769, "relative_strength": 33.365272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.057639, "energy": 16.849761, "activity_lines": [ 1.483333, 1.489818, 1.467095, 1.436172 ] }, { "date": "2023-11-10", "close": 1.46, "volume": 43000, "typical_volume": 107877.55, "trend": 1.432, "fair_value": 1.416026, "relative_strength": 33.296742, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.276924, "energy": 27.855138, "activity_lines": [ 1.48, 1.481273, 1.472429, 1.439054 ] }, { "date": "2023-11-17", "close": 1.48, "volume": 0, "typical_volume": 107877.55, "trend": 1.426667, "fair_value": 1.411538, "relative_strength": 31.359437, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.777978, "energy": 32.444954, "activity_lines": [ 1.484667, 1.478727, 1.478429, 1.442151 ] }, { "date": "2023-11-24", "close": 1.5, "volume": 38000, "typical_volume": 109777.55, "trend": 1.426667, "fair_value": 1.408462, "relative_strength": 30.73826, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.986743, "energy": 25.71154, "activity_lines": [ 1.484, 1.481091, 1.485, 1.446882 ] }, { "date": "2023-12-01", "close": 1.31, "volume": 358000, "typical_volume": 126627.55, "trend": 1.417, "fair_value": 1.404167, "relative_strength": 17.891532, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.126585, "energy": 15.757224, "activity_lines": [ 1.426, 1.449818, 1.472048, 1.439355 ] }, { "date": "2023-12-08", "close": 1.39, "volume": 56000, "typical_volume": 125427.55, "trend": 1.409333, "fair_value": 1.396218, "relative_strength": 27.170035, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.007824, "energy": 23.173409, "activity_lines": [ 1.407333, 1.437455, 1.465952, 1.437613 ] }, { "date": "2023-12-15", "close": 1.5, "volume": 63000, "typical_volume": 86077.55, "trend": 1.408333, "fair_value": 1.390897, "relative_strength": 31.610995, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.82702, "energy": 15.638343, "activity_lines": [ 1.431333, 1.446727, 1.46919, 1.443462 ] }, { "date": "2023-12-22", "close": 1.6, "volume": 100099, "typical_volume": 60982.5, "trend": 1.410667, "fair_value": 1.384551, "relative_strength": 41.97011, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.428795, "energy": 19.070607, "activity_lines": [ 1.486, 1.473818, 1.480524, 1.455828 ] }, { "date": "2023-12-29", "close": 1.65, "volume": 10000, "typical_volume": 55032.5, "trend": 1.419, "fair_value": 1.379615, "relative_strength": 38.221804, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.556364, "energy": 46.026678, "activity_lines": [ 1.549333, 1.504545, 1.495571, 1.471269 ] }, { "date": "2024-01-05", "close": 1.7, "volume": 132000, "typical_volume": 55182.5, "trend": 1.429, "fair_value": 1.377436, "relative_strength": 44.350007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.05548, "energy": 64.872557, "activity_lines": [ 1.619333, 1.543273, 1.513857, 1.489398 ] }, { "date": "2024-01-12", "close": 1.6, "volume": 75364, "typical_volume": 46500.7, "trend": 1.442333, "fair_value": 1.374872, "relative_strength": 36.44133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.757995, "energy": 66.414872, "activity_lines": [ 1.63, 1.560182, 1.522143, 1.50043 ] }, { "date": "2024-01-19", "close": 1.6, "volume": 138000, "typical_volume": 52523.15, "trend": 1.455667, "fair_value": 1.372051, "relative_strength": 42.468672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.509798, "energy": 67.799026, "activity_lines": [ 1.626667, 1.574909, 1.530429, 1.510602 ] }, { "date": "2024-01-26", "close": 1.73, "volume": 0, "typical_volume": 52523.15, "trend": 1.473333, "fair_value": 1.37, "relative_strength": 45.376597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.812016, "energy": 70.614498, "activity_lines": [ 1.66, 1.610727, 1.551048, 1.528301 ] }, { "date": "2024-02-02", "close": 1.74, "volume": 0, "typical_volume": 52523.15, "trend": 1.491333, "fair_value": 1.367949, "relative_strength": 47.89377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.542321, "energy": 63.557084, "activity_lines": [ 1.688, 1.643818, 1.571762, 1.545505 ] }, { "date": "2024-02-09", "close": 1.74, "volume": 6000, "typical_volume": 52823.15, "trend": 1.511, "fair_value": 1.365513, "relative_strength": 43.754538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.225077, "energy": 64.635063, "activity_lines": [ 1.71, 1.672545, 1.591571, 1.561548 ] }, { "date": "2024-02-16", "close": 1.75, "volume": 0, "typical_volume": 52823.15, "trend": 1.531, "fair_value": 1.36391, "relative_strength": 37.390898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.615252, "energy": 67.248552, "activity_lines": [ 1.732667, 1.695273, 1.611429, 1.576968 ] }, { "date": "2024-02-23", "close": 1.74, "volume": 275500, "typical_volume": 66598.15, "trend": 1.549, "fair_value": 1.363526, "relative_strength": 31.649731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.053037, "energy": 52.124191, "activity_lines": [ 1.742, 1.709636, 1.629048, 1.590452 ] }, { "date": "2024-03-01", "close": 1.7, "volume": 140000, "typical_volume": 72648.15, "trend": 1.559667, "fair_value": 1.361603, "relative_strength": 27.854041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.673726, "energy": 48.68368, "activity_lines": [ 1.728667, 1.712364, 1.641619, 1.600194 ] }, { "date": "2024-03-08", "close": 1.6, "volume": 278000, "typical_volume": 85648.15, "trend": 1.568667, "fair_value": 1.359038, "relative_strength": 20.587175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.734774, "energy": 29.016599, "activity_lines": [ 1.684, 1.695091, 1.642762, 1.602796 ] }, { "date": "2024-03-15", "close": 1.68, "volume": 420000, "typical_volume": 106648.15, "trend": 1.571333, "fair_value": 1.357115, "relative_strength": 22.331694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.845048, "energy": 20.809215, "activity_lines": [ 1.675333, 1.693273, 1.651476, 1.609978 ] }, { "date": "2024-03-22", "close": 1.67, "volume": 332834, "typical_volume": 123289.85, "trend": 1.573667, "fair_value": 1.355, "relative_strength": 22.036292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.035104, "energy": 19.823316, "activity_lines": [ 1.667333, 1.69, 1.658381, 1.616344 ] }, { "date": "2024-03-29", "close": 1.67, "volume": 0, "typical_volume": 121139.85, "trend": 1.576333, "fair_value": 1.354295, "relative_strength": 20.251282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.249869, "energy": 18.727862, "activity_lines": [ 1.664667, 1.685455, 1.664381, 1.622559 ] }, { "date": "2024-04-05", "close": 1.65, "volume": 60000, "typical_volume": 124139.85, "trend": 1.579667, "fair_value": 1.353205, "relative_strength": 16.068482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.508266, "energy": 15.051989, "activity_lines": [ 1.66, 1.676, 1.667476, 1.627312 ] }, { "date": "2024-04-12", "close": 2.05, "volume": 584000, "typical_volume": 151439.85, "trend": 1.596333, "fair_value": 1.354744, "relative_strength": 41.799427, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.78444, "energy": 60.422875, "activity_lines": [ 1.792, 1.740727, 1.707857, 1.657656 ] }, { "date": "2024-04-19", "close": 1.89, "volume": 685000, "typical_volume": 167789.85, "trend": 1.607667, "fair_value": 1.355641, "relative_strength": 33.706307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.873816, "energy": 64.620912, "activity_lines": [ 1.840667, 1.770727, 1.730381, 1.676602 ] }, { "date": "2024-04-26", "close": 1.87, "volume": 479000, "typical_volume": 188939.85, "trend": 1.620667, "fair_value": 1.354936, "relative_strength": 20.781997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.674146, "energy": 63.68833, "activity_lines": [ 1.868667, 1.794364, 1.748238, 1.693527 ] }, { "date": "2024-05-03", "close": 1.87, "volume": 340000, "typical_volume": 202789.85, "trend": 1.633667, "fair_value": 1.354359, "relative_strength": 14.851154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.252176, "energy": 63.132269, "activity_lines": [ 1.883333, 1.815818, 1.76381, 1.709613 ] }, { "date": "2024-05-10", "close": 1.78, "volume": 372000, "typical_volume": 216384.9, "trend": 1.649667, "fair_value": 1.353269, "relative_strength": 6.24909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.438291, "energy": 34.367045, "activity_lines": [ 1.854667, 1.818545, 1.769048, 1.719054 ] }, { "date": "2024-05-17", "close": 1.77, "volume": 338000, "typical_volume": 232784.9, "trend": 1.655667, "fair_value": 1.352436, "relative_strength": 2.200832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.420525, "energy": 21.383378, "activity_lines": [ 1.814, 1.818, 1.772476, 1.726817 ] }, { "date": "2024-05-24", "close": 1.7, "volume": 291000, "typical_volume": 240734.9, "trend": 1.662333, "fair_value": 1.352308, "relative_strength": 2.924291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.342564, "energy": 13.917102, "activity_lines": [ 1.768667, 1.801636, 1.768667, 1.729677 ] }, { "date": "2024-05-31", "close": 1.75, "volume": 214000, "typical_volume": 247666.7, "trend": 1.671333, "fair_value": 1.3525, "relative_strength": 8.514729, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.714963, "energy": 16.121506, "activity_lines": [ 1.752667, 1.794, 1.769619, 1.735333 ] }, { "date": "2024-06-07", "close": 1.75, "volume": 298000, "typical_volume": 255666.7, "trend": 1.681, "fair_value": 1.3525, "relative_strength": 6.288259, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.417786, "energy": 14.741878, "activity_lines": [ 1.744667, 1.784909, 1.769857, 1.740409 ] }, { "date": "2024-06-14", "close": 1.74, "volume": 494670, "typical_volume": 280400.2, "trend": 1.689667, "fair_value": 1.352436, "relative_strength": 7.330971, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.435243, "energy": 12.905326, "activity_lines": [ 1.741333, 1.772545, 1.768429, 1.744215 ] }, { "date": "2024-06-21", "close": 1.82, "volume": 596000, "typical_volume": 310200.2, "trend": 1.700333, "fair_value": 1.353013, "relative_strength": 10.842686, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.170792, "energy": 8.677537, "activity_lines": [ 1.767333, 1.773091, 1.774571, 1.752624 ] }, { "date": "2024-06-28", "close": 1.71, "volume": 797000, "typical_volume": 349750.2, "trend": 1.713667, "fair_value": 1.352949, "relative_strength": 5.230105, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.223068, "energy": 4.749812, "activity_lines": [ 1.753333, 1.757818, 1.769857, 1.753247 ] }, { "date": "2024-07-05", "close": 1.78, "volume": 142000, "typical_volume": 356850.2, "trend": 1.726667, "fair_value": 1.354038, "relative_strength": 8.252483, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.62193, "energy": 10.507862, "activity_lines": [ 1.762, 1.758545, 1.771952, 1.757527 ] }, { "date": "2024-07-12", "close": 1.73, "volume": 525000, "typical_volume": 369325.2, "trend": 1.734333, "fair_value": 1.354295, "relative_strength": 1.624333, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.310592, "energy": 8.667056, "activity_lines": [ 1.752, 1.751818, 1.769143, 1.757742 ] }, { "date": "2024-07-19", "close": 1.76, "volume": 219000, "typical_volume": 373275.2, "trend": 1.739667, "fair_value": 1.354744, "relative_strength": 7.677557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.071008, "energy": 10.369782, "activity_lines": [ 1.753333, 1.753091, 1.769238, 1.759398 ] }, { "date": "2024-07-26", "close": 1.69, "volume": 5000, "typical_volume": 359625.2, "trend": 1.741, "fair_value": 1.355, "relative_strength": 4.962994, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.875286, "energy": 11.53989, "activity_lines": [ 1.73, 1.742, 1.762381, 1.756194 ] }, { "date": "2024-08-02", "close": 1.69, "volume": 28000, "typical_volume": 340025.2, "trend": 1.740667, "fair_value": 1.354936, "relative_strength": 4.81233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.937822, "energy": 18.269847, "activity_lines": [ 1.715333, 1.732364, 1.755095, 1.752903 ] }, { "date": "2024-08-09", "close": 1.61, "volume": 6000, "typical_volume": 323683.5, "trend": 1.741, "fair_value": 1.355192, "relative_strength": -1.482196, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.077962, "energy": 35.957642, "activity_lines": [ 1.675333, 1.708364, 1.740143, 1.744473 ] }, { "date": "2024-08-16", "close": 1.72, "volume": 74000, "typical_volume": 327383.5, "trend": 1.745, "fair_value": 1.35609, "relative_strength": 2.998469, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.490847, "energy": 41.606431, "activity_lines": [ 1.683333, 1.706909, 1.735952, 1.743118 ] }, { "date": "2024-08-23", "close": 1.7, "volume": 55000, "typical_volume": 327133.5, "trend": 1.744, "fair_value": 1.356795, "relative_strength": 0.583187, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.808667, "energy": 37.238209, "activity_lines": [ 1.685333, 1.702364, 1.729619, 1.740215 ] }, { "date": "2024-08-30", "close": 1.64, "volume": 13000, "typical_volume": 298583.5, "trend": 1.740667, "fair_value": 1.357308, "relative_strength": -5.088995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.796094, "energy": 41.337962, "activity_lines": [ 1.671333, 1.687636, 1.717333, 1.733505 ] }, { "date": "2024-09-06", "close": 1.64, "volume": 0, "typical_volume": 264333.5, "trend": 1.737333, "fair_value": 1.357756, "relative_strength": -2.298285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.409284, "energy": 35.65637, "activity_lines": [ 1.660667, 1.676182, 1.707, 1.727011 ] }, { "date": "2024-09-13", "close": 1.58, "volume": 51000, "typical_volume": 242933.5, "trend": 1.731667, "fair_value": 1.358526, "relative_strength": -5.573119, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.148841, "energy": 55.373352, "activity_lines": [ 1.633333, 1.655091, 1.692143, 1.71686 ] }, { "date": "2024-09-20", "close": 1.5, "volume": 28000, "typical_volume": 227333.5, "trend": 1.723667, "fair_value": 1.357821, "relative_strength": -14.658631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.918015, "energy": 79.679091, "activity_lines": [ 1.581333, 1.623091, 1.671048, 1.701914 ] }, { "date": "2024-09-27", "close": 1.3, "volume": 140000, "typical_volume": 215733.5, "trend": 1.710333, "fair_value": 1.356795, "relative_strength": -34.283024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.767403, "energy": 96.96214, "activity_lines": [ 1.477333, 1.558909, 1.632667, 1.674581 ] }, { "date": "2024-10-04", "close": 1.78, "volume": 406478, "typical_volume": 219157.4, "trend": 1.716333, "fair_value": 1.358846, "relative_strength": -18.243007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.274427, "energy": 56.629695, "activity_lines": [ 1.56, 1.590364, 1.642286, 1.679075 ] }, { "date": "2024-10-11", "close": 1.78, "volume": 46478, "typical_volume": 206931.3, "trend": 1.719667, "fair_value": 1.360897, "relative_strength": -12.719526, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.293772, "energy": 19.202661, "activity_lines": [ 1.633333, 1.620182, 1.651857, 1.683183 ] }, { "date": "2024-10-18", "close": 1.59, "volume": 558900, "typical_volume": 224176.3, "trend": 1.717, "fair_value": 1.362051, "relative_strength": -20.098742, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.000696, "energy": 18.426903, "activity_lines": [ 1.634, 1.613818, 1.642952, 1.674817 ] }, { "date": "2024-10-25", "close": 1.58, "volume": 212000, "typical_volume": 219876.3, "trend": 1.714, "fair_value": 1.363782, "relative_strength": -19.623054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.628332, "energy": 26.252616, "activity_lines": [ 1.630667, 1.606, 1.633857, 1.665978 ] }, { "date": "2024-11-01", "close": 1.55, "volume": 15000, "typical_volume": 195892.8, "trend": 1.710667, "fair_value": 1.365321, "relative_strength": -20.696294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.067153, "energy": 19.521588, "activity_lines": [ 1.612, 1.595273, 1.622714, 1.655398 ] }, { "date": "2024-11-08", "close": 1.56, "volume": 240000, "typical_volume": 178092.8, "trend": 1.694333, "fair_value": 1.366795, "relative_strength": -20.885192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.068821, "energy": 31.141006, "activity_lines": [ 1.58, 1.589091, 1.613429, 1.645677 ] }, { "date": "2024-11-15", "close": 1.46, "volume": 554000, "typical_volume": 165942.8, "trend": 1.68, "fair_value": 1.366923, "relative_strength": -20.840434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.637998, "energy": 52.896682, "activity_lines": [ 1.529333, 1.566182, 1.595857, 1.630559 ] }, { "date": "2024-11-22", "close": 1.46, "volume": 5000, "typical_volume": 159092.8, "trend": 1.666333, "fair_value": 1.366667, "relative_strength": -19.877894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.888533, "energy": 60.147814, "activity_lines": [ 1.5, 1.546545, 1.579476, 1.616366 ] }, { "date": "2024-11-29", "close": 1.46, "volume": 0, "typical_volume": 132842.8, "trend": 1.652667, "fair_value": 1.364808, "relative_strength": -20.633653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.431086, "energy": 62.622186, "activity_lines": [ 1.479333, 1.529091, 1.564619, 1.603054 ] }, { "date": "2024-12-06", "close": 1.41, "volume": 44055, "typical_volume": 124095.55, "trend": 1.640333, "fair_value": 1.362949, "relative_strength": -24.842479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.762208, "energy": 65.856564, "activity_lines": [ 1.45, 1.503273, 1.546286, 1.587398 ] }, { "date": "2024-12-13", "close": 1.46, "volume": 286300, "typical_volume": 138160.55, "trend": 1.63, "fair_value": 1.36141, "relative_strength": -22.331425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.354301, "energy": 48.036208, "activity_lines": [ 1.446667, 1.484545, 1.534381, 1.575763 ] }, { "date": "2024-12-20", "close": 1.38, "volume": 60487, "typical_volume": 139784.9, "trend": 1.619333, "fair_value": 1.359679, "relative_strength": -25.227739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.250603, "energy": 48.325761, "activity_lines": [ 1.423333, 1.457091, 1.515952, 1.559634 ] }, { "date": "2024-12-27", "close": 1.5, "volume": 14000, "typical_volume": 140184.9, "trend": 1.611, "fair_value": 1.358077, "relative_strength": -19.857256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.378483, "energy": 37.041208, "activity_lines": [ 1.445333, 1.458727, 1.510429, 1.551935 ] }, { "date": "2025-01-03", "close": 1.52, "volume": 688000, "typical_volume": 170884.9, "trend": 1.603333, "fair_value": 1.356603, "relative_strength": -16.988046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.649297, "energy": 26.456267, "activity_lines": [ 1.471333, 1.465636, 1.507333, 1.546065 ] }, { "date": "2025-01-10", "close": 1.45, "volume": 91000, "typical_volume": 172684.9, "trend": 1.593667, "fair_value": 1.355769, "relative_strength": -17.536041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.301989, "energy": 26.143747, "activity_lines": [ 1.47, 1.460909, 1.498524, 1.536172 ] }, { "date": "2025-01-17", "close": 1.41, "volume": 76000, "typical_volume": 175834.9, "trend": 1.58, "fair_value": 1.354679, "relative_strength": -21.406288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.726405, "energy": 27.496399, "activity_lines": [ 1.452667, 1.450727, 1.487095, 1.524323 ] }, { "date": "2025-01-24", "close": 1.41, "volume": 86000, "typical_volume": 180134.9, "trend": 1.57, "fair_value": 1.35359, "relative_strength": -22.67487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.453369, "energy": 35.114513, "activity_lines": [ 1.438667, 1.443273, 1.476762, 1.513355 ] }, { "date": "2025-01-31", "close": 1.44, "volume": 374000, "typical_volume": 196284.9, "trend": 1.558667, "fair_value": 1.352821, "relative_strength": -20.967501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.973532, "energy": 37.942136, "activity_lines": [ 1.432667, 1.442182, 1.470381, 1.504968 ] }, { "date": "2025-02-07", "close": 1.7, "volume": 408300, "typical_volume": 215299.9, "trend": 1.557667, "fair_value": 1.354615, "relative_strength": -10.131707, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.346094, "energy": 5.903292, "activity_lines": [ 1.517333, 1.488727, 1.489429, 1.514086 ] }, { "date": "2025-02-14", "close": 1.76, "volume": 2061000, "typical_volume": 311349.9, "trend": 1.557667, "fair_value": 1.355769, "relative_strength": -12.524704, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.105739, "energy": 36.701343, "activity_lines": [ 1.61, 1.541818, 1.513238, 1.52714 ] }, { "date": "2025-02-21", "close": 1.71, "volume": 1315000, "typical_volume": 356776.0, "trend": 1.558333, "fair_value": 1.356603, "relative_strength": -17.558225, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.993805, "energy": 50.08099, "activity_lines": [ 1.665333, 1.579455, 1.530095, 1.536968 ] }, { "date": "2025-02-28", "close": 1.7, "volume": 1045000, "typical_volume": 406702.1, "trend": 1.558667, "fair_value": 1.357436, "relative_strength": -15.602053, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.572287, "energy": 57.191968, "activity_lines": [ 1.697333, 1.610727, 1.546333, 1.546108 ] }, { "date": "2025-03-07", "close": 1.84, "volume": 530179, "typical_volume": 405266.05, "trend": 1.566333, "fair_value": 1.359679, "relative_strength": -13.097743, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.896623, "energy": 70.212813, "activity_lines": [ 1.756667, 1.661636, 1.576286, 1.564258 ] }, { "date": "2025-03-14", "close": 2.11, "volume": 3489003, "typical_volume": 569116.2, "trend": 1.579333, "fair_value": 1.364295, "relative_strength": 1.058699, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.390166, "energy": 89.231063, "activity_lines": [ 1.879333, 1.755455, 1.630762, 1.599333 ] }, { "date": "2025-03-21", "close": 2.11, "volume": 0, "typical_volume": 568366.2, "trend": 1.593, "fair_value": 1.368846, "relative_strength": 2.486345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.451314, "energy": 93.626376, "activity_lines": [ 1.974667, 1.838545, 1.682714, 1.63357 ] }, { "date": "2025-03-28", "close": 2.11, "volume": 0, "typical_volume": 556366.2, "trend": 1.608667, "fair_value": 1.373397, "relative_strength": 3.887787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.87888, "energy": 92.098092, "activity_lines": [ 2.046667, 1.909636, 1.732, 1.666925 ] }, { "date": "2025-04-04", "close": 2.19, "volume": 8497000, "typical_volume": 953516.2, "trend": 1.627, "fair_value": 1.379038, "relative_strength": 10.617628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.186112, "energy": 93.339096, "activity_lines": [ 2.118667, 1.982545, 1.786286, 1.70443 ] }, { "date": "2025-04-11", "close": 2.25, "volume": 7982000, "typical_volume": 1352366.2, "trend": 1.649333, "fair_value": 1.385064, "relative_strength": 24.578677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.052259, "energy": 91.300409, "activity_lines": [ 2.178, 2.052182, 1.84281, 1.744624 ] }, { "date": "2025-04-18", "close": 3.39, "volume": 25824294, "typical_volume": 2643580.9, "trend": 1.712333, "fair_value": 1.398397, "relative_strength": 81.785157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.566728, "energy": 91.30706, "activity_lines": [ 2.59, 2.314364, 2.004143, 1.856925 ] }, { "date": "2025-04-25", "close": 2.88, "volume": 8348500, "typical_volume": 3058803.15, "trend": 1.765, "fair_value": 1.408077, "relative_strength": 49.495233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.397116, "energy": 70.111636, "activity_lines": [ 2.746667, 2.453091, 2.107714, 1.932258 ] }, { "date": "2025-05-02", "close": 2.67, "volume": 4169000, "typical_volume": 3252938.15, "trend": 1.794667, "fair_value": 1.41641, "relative_strength": 34.852157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.027395, "energy": 64.677609, "activity_lines": [ 2.782, 2.533273, 2.184286, 1.990645 ] }, { "date": "2025-05-09", "close": 2.67, "volume": 0, "typical_volume": 3249913.8, "trend": 1.824333, "fair_value": 1.424744, "relative_strength": 32.050339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.863466, "energy": 64.449521, "activity_lines": [ 2.78, 2.596, 2.255095, 2.047118 ] }, { "date": "2025-05-16", "close": 2.67, "volume": 0, "typical_volume": 3249213.8, "trend": 1.860333, "fair_value": 1.433013, "relative_strength": 28.682921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.169165, "energy": 57.080716, "activity_lines": [ 2.746, 2.641091, 2.319762, 2.101677 ] }, { "date": "2025-05-23", "close": 3.18, "volume": 9698000, "typical_volume": 3699713.8, "trend": 1.913667, "fair_value": 1.444936, "relative_strength": 50.189165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.409127, "energy": 58.65437, "activity_lines": [ 2.854, 2.763818, 2.427429, 2.186817 ] }, { "date": "2025-05-30", "close": 3.6, "volume": 11453944, "typical_volume": 4267861.0, "trend": 1.982, "fair_value": 1.459808, "relative_strength": 70.191535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.832314, "energy": 64.989347, "activity_lines": [ 3.116, 2.943455, 2.56719, 2.295613 ] }, { "date": "2025-06-06", "close": 5.23, "volume": 23087533, "typical_volume": 5418437.65, "trend": 2.104333, "fair_value": 1.485321, "relative_strength": 135.807693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.105848, "energy": 85.218016, "activity_lines": [ 3.873333, 3.392364, 2.851952, 2.505161 ] }, { "date": "2025-06-13", "close": 4.5, "volume": 18633643, "typical_volume": 6345819.8, "trend": 2.205667, "fair_value": 1.507115, "relative_strength": 98.306766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.697425, "energy": 86.766086, "activity_lines": [ 4.216667, 3.651818, 3.049, 2.65972 ] }, { "date": "2025-06-20", "close": 3.55, "volume": 15033000, "typical_volume": 7078769.8, "trend": 2.275333, "fair_value": 1.522821, "relative_strength": 57.259824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.172089, "energy": 68.989302, "activity_lines": [ 4.121333, 3.696545, 3.140857, 2.746452 ] }, { "date": "2025-06-27", "close": 3.59, "volume": 7749102, "typical_volume": 7445809.9, "trend": 2.346333, "fair_value": 1.539679, "relative_strength": 52.52691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.475901, "energy": 55.845281, "activity_lines": [ 3.980667, 3.724909, 3.226476, 2.831269 ] }, { "date": "2025-07-04", "close": 3.66, "volume": 7244800, "typical_volume": 7704999.9, "trend": 2.421333, "fair_value": 1.5575, "relative_strength": 56.250134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.369851, "energy": 40.527088, "activity_lines": [ 3.836, 3.762364, 3.309762, 2.916022 ] }, { "date": "2025-07-11", "close": 3.43, "volume": 12276000, "typical_volume": 8253049.9, "trend": 2.487, "fair_value": 1.574231, "relative_strength": 43.734201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.539759, "energy": 23.239004, "activity_lines": [ 3.610667, 3.743818, 3.362095, 2.981097 ] }, { "date": "2025-07-18", "close": 3.51, "volume": 9078950, "typical_volume": 8654747.4, "trend": 2.558, "fair_value": 1.591474, "relative_strength": 41.908077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.944797, "energy": 21.311803, "activity_lines": [ 3.532, 3.726, 3.413857, 3.047097 ] }, { "date": "2025-07-25", "close": 3.89, "volume": 11775613, "typical_volume": 9217019.1, "trend": 2.637667, "fair_value": 1.610321, "relative_strength": 52.201285, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.254408, "energy": 26.402676, "activity_lines": [ 3.646, 3.762, 3.49319, 3.133032 ] }, { "date": "2025-08-01", "close": 3.5, "volume": 8953727, "typical_volume": 9490255.3, "trend": 2.703667, "fair_value": 1.627821, "relative_strength": 40.704273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.481755, "energy": 21.542705, "activity_lines": [ 3.607333, 3.704909, 3.525619, 3.188667 ] }, { "date": "2025-08-08", "close": 4.48, "volume": 8521142, "typical_volume": 9916312.4, "trend": 2.804667, "fair_value": 1.65141, "relative_strength": 74.711203, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.337477, "energy": 39.555304, "activity_lines": [ 3.901333, 3.820182, 3.644762, 3.303269 ] }, { "date": "2025-08-15", "close": 4.96, "volume": 14904000, "typical_volume": 10661512.4, "trend": 2.923, "fair_value": 1.677564, "relative_strength": 86.881882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.585777, "energy": 50.963219, "activity_lines": [ 4.300667, 4.006727, 3.798333, 3.442323 ] }, { "date": "2025-08-22", "close": 5.25, "volume": 8768800, "typical_volume": 10675102.4, "trend": 3.051, "fair_value": 1.705962, "relative_strength": 93.351421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.670685, "energy": 66.799893, "activity_lines": [ 4.694667, 4.250909, 3.965952, 3.592452 ] }, { "date": "2025-08-29", "close": 5.79, "volume": 11432943, "typical_volume": 10847649.55, "trend": 3.196, "fair_value": 1.737756, "relative_strength": 110.192376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.236431, "energy": 81.3183, "activity_lines": [ 5.152667, 4.579636, 4.170429, 3.769161 ] }, { "date": "2025-09-05", "close": 6.88, "volume": 22048000, "typical_volume": 10658834.85, "trend": 3.368667, "fair_value": 1.776603, "relative_strength": 139.025069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.711136, "energy": 93.563165, "activity_lines": [ 5.847333, 5.065818, 4.461857, 4.006839 ] }, { "date": "2025-09-12", "close": 7.68, "volume": 35706774, "typical_volume": 12026748.55, "trend": 3.566, "fair_value": 1.820385, "relative_strength": 148.563515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.852077, "energy": 96.092558, "activity_lines": [ 6.583333, 5.637636, 4.812857, 4.284989 ] }, { "date": "2025-09-19", "close": 7.17, "volume": 12942628, "typical_volume": 12465429.95, "trend": 3.748, "fair_value": 1.860705, "relative_strength": 123.77745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.69819, "energy": 90.63906, "activity_lines": [ 6.936, 6.043636, 5.092429, 4.517505 ] }, { "date": "2025-09-26", "close": 7.13, "volume": 12934818, "typical_volume": 13112170.85, "trend": 3.929, "fair_value": 1.901603, "relative_strength": 118.764598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.291798, "energy": 87.698766, "activity_lines": [ 7.128, 6.374364, 5.346762, 4.735699 ] }, { "date": "2025-10-03", "close": 7.5, "volume": 9659100, "typical_volume": 13595125.85, "trend": 4.117667, "fair_value": 1.944679, "relative_strength": 114.967057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.52843, "energy": 81.072524, "activity_lines": [ 7.318, 6.706545, 5.615095, 4.966086 ] }, { "date": "2025-10-10", "close": 8.06, "volume": 20270000, "typical_volume": 14123725.85, "trend": 4.316, "fair_value": 1.991667, "relative_strength": 130.798888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.459961, "energy": 68.610021, "activity_lines": [ 7.580667, 7.074909, 5.913762, 5.22043 ] }, { "date": "2025-10-17", "close": 8.36, "volume": 21970825, "typical_volume": 14649569.9, "trend": 4.524333, "fair_value": 2.040769, "relative_strength": 140.415993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.008144, "energy": 67.174041, "activity_lines": [ 7.864667, 7.414909, 6.217762, 5.481333 ] }, { "date": "2025-10-24", "close": 6.73, "volume": 23554300, "typical_volume": 14672908.25, "trend": 4.678333, "fair_value": 2.079103, "relative_strength": 82.193235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.537079, "energy": 52.818686, "activity_lines": [ 7.56, 7.388, 6.343857, 5.623634 ] }, { "date": "2025-10-31", "close": 6.64, "volume": 7581910, "typical_volume": 14120321.6, "trend": 4.826667, "fair_value": 2.117115, "relative_strength": 77.155461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.88633, "energy": 40.541009, "activity_lines": [ 7.254667, 7.312545, 6.454238, 5.750194 ] }, { "date": "2025-11-07", "close": 6.44, "volume": 6351000, "typical_volume": 13686221.6, "trend": 4.966333, "fair_value": 2.153846, "relative_strength": 65.873369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.084235, "energy": 28.886377, "activity_lines": [ 6.915333, 7.175455, 6.535381, 5.85428 ] }, { "date": "2025-11-14", "close": 6.88, "volume": 7270168, "typical_volume": 13662274.9, "trend": 5.082667, "fair_value": 2.193462, "relative_strength": 70.918977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.686833, "energy": 24.097311, "activity_lines": [ 6.793333, 7.106545, 6.644667, 5.977742 ] }, { "date": "2025-11-21", "close": 5.92, "volume": 5537100, "typical_volume": 13576889.9, "trend": 5.184, "fair_value": 2.22641, "relative_strength": 51.89421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.405323, "energy": 21.290617, "activity_lines": [ 6.43, 6.863091, 6.646857, 6.031763 ] }, { "date": "2025-11-28", "close": 6.74, "volume": 4235080, "typical_volume": 13174843.9, "trend": 5.319667, "fair_value": 2.264551, "relative_strength": 64.856044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.194695, "energy": 18.480444, "activity_lines": [ 6.502667, 6.800727, 6.716381, 6.132151 ] }, { "date": "2025-12-05", "close": 6.62, "volume": 3647680, "typical_volume": 12903280.4, "trend": 5.451333, "fair_value": 2.302051, "relative_strength": 57.025318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.144246, "energy": 12.289741, "activity_lines": [ 6.534667, 6.724364, 6.758714, 6.216043 ] }, { "date": "2025-12-12", "close": 6.9, "volume": 4911000, "typical_volume": 12560049.75, "trend": 5.592333, "fair_value": 2.341346, "relative_strength": 60.668718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.001304, "energy": 12.129064, "activity_lines": [ 6.661333, 6.708182, 6.812905, 6.309505 ] }, { "date": "2025-12-19", "close": 6.51, "volume": 4015000, "typical_volume": 12313113.4, "trend": 5.703333, "fair_value": 2.377949, "relative_strength": 50.074487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.327237, "energy": 14.429893, "activity_lines": [ 6.627333, 6.632, 6.815619, 6.36871 ] }, { "date": "2025-12-26", "close": 6.93, "volume": 3200100, "typical_volume": 12047061.3, "trend": 5.814333, "fair_value": 2.417051, "relative_strength": 55.530266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.547583, "energy": 19.393086, "activity_lines": [ 6.758, 6.660364, 6.844, 6.447849 ] }, { "date": "2026-01-02", "close": 6.76, "volume": 3446200, "typical_volume": 11474171.3, "trend": 5.865333, "fair_value": 2.454936, "relative_strength": 45.802057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.566814, "energy": 18.606412, "activity_lines": [ 6.764667, 6.683818, 6.844524, 6.50886 ] }, { "date": "2026-01-09", "close": 6.96, "volume": 12689800, "typical_volume": 11670221.3, "trend": 5.947333, "fair_value": 2.492821, "relative_strength": 47.672835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.303675, "energy": 20.067762, "activity_lines": [ 6.836667, 6.743091, 6.855524, 6.579484 ] }, { "date": "2026-01-16", "close": 7.53, "volume": 10883651, "typical_volume": 11642756.7, "trend": 6.08, "fair_value": 2.534936, "relative_strength": 52.709516, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.656673, "energy": 32.531387, "activity_lines": [ 7.076, 6.900182, 6.912667, 6.681591 ] }, { "date": "2026-01-23", "close": 8.5, "volume": 14156317, "typical_volume": 11248172.55, "trend": 6.243667, "fair_value": 2.583013, "relative_strength": 68.626945, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.039828, "energy": 68.026634, "activity_lines": [ 7.596667, 7.213818, 7.053905, 6.83772 ] }, { "date": "2026-01-30", "close": 7.95, "volume": 18619000, "typical_volume": 10393783.85, "trend": 6.386667, "fair_value": 2.626667, "relative_strength": 50.675225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.438593, "energy": 65.868882, "activity_lines": [ 7.801333, 7.398, 7.135048, 6.947806 ] }, { "date": "2026-02-06", "close": 11.29, "volume": 28648190, "typical_volume": 11179061.95, "trend": 6.648667, "fair_value": 2.691987, "relative_strength": 113.303744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.601532, "energy": 87.241252, "activity_lines": [ 9.051333, 8.152545, 7.533, 7.264151 ] }, { "date": "2026-02-13", "close": 10.28, "volume": 11121052, "typical_volume": 11088373.65, "trend": 6.874333, "fair_value": 2.751154, "relative_strength": 88.54459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.461876, "energy": 86.089555, "activity_lines": [ 9.662667, 8.640727, 7.815143, 7.49843 ] }, { "date": "2026-02-20", "close": 10.6, "volume": 770000, "typical_volume": 10643918.65, "trend": 7.098, "fair_value": 2.812885, "relative_strength": 89.706338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.448585, "energy": 88.398373, "activity_lines": [ 10.159333, 9.120545, 8.112762, 7.738796 ] }, { "date": "2026-02-27", "close": 11.85, "volume": 10130380, "typical_volume": 10136937.65, "trend": 7.376333, "fair_value": 2.883077, "relative_strength": 103.487148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.564748, "energy": 93.099921, "activity_lines": [ 10.868, 9.760364, 8.514667, 8.045376 ] }, { "date": "2026-03-06", "close": 10.91, "volume": 13267960, "typical_volume": 9701794.4, "trend": 7.590667, "fair_value": 2.947244, "relative_strength": 87.951164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.489296, "energy": 76.889801, "activity_lines": [ 11.04, 10.132182, 8.809, 8.273355 ] }, { "date": "2026-03-13", "close": 10.08, "volume": 8363200, "typical_volume": 8942239.4, "trend": 7.761333, "fair_value": 3.005769, "relative_strength": 71.146726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.287229, "energy": 54.935619, "activity_lines": [ 10.738, 10.280727, 9.012143, 8.433957 ] }, { "date": "2026-03-20", "close": 9.12, "volume": 9234164, "typical_volume": 9024852.1, "trend": 7.890333, "fair_value": 3.056667, "relative_strength": 52.553608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.67494, "energy": 42.656048, "activity_lines": [ 10.196667, 10.194364, 9.107905, 8.521613 ] }, { "date": "2026-03-27", "close": 9.3, "volume": 9686000, "typical_volume": 9191602.1, "trend": 8.007333, "fair_value": 3.11, "relative_strength": 54.052948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.477719, "energy": 24.908777, "activity_lines": [ 9.792667, 10.101455, 9.209, 8.612559 ] }, { "date": "2026-04-03", "close": 9.15, "volume": 5001000, "typical_volume": 9078143.7, "trend": 8.083, "fair_value": 3.162885, "relative_strength": 47.428723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.457213, "energy": 22.884883, "activity_lines": [ 9.425333, 9.949091, 9.28219, 8.68628 ] }, { "date": "2026-04-10", "close": 9.26, "volume": 5779000, "typical_volume": 9090238.7, "trend": 8.135667, "fair_value": 3.21609, "relative_strength": 41.961436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.298534, "energy": 21.554261, "activity_lines": [ 9.274667, 9.804909, 9.355048, 8.762215 ] }, { "date": "2026-04-17", "close": 8.93, "volume": 2959000, "typical_volume": 9026434.7, "trend": 8.194333, "fair_value": 3.262821, "relative_strength": 33.640127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.297581, "energy": 18.704386, "activity_lines": [ 9.124, 9.576909, 9.380571, 8.813462 ] }, { "date": "2026-04-24", "close": 8.31, "volume": 4796000, "typical_volume": 9083850.7, "trend": 8.233667, "fair_value": 3.306474, "relative_strength": 23.478413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.872918, "energy": 11.38892, "activity_lines": [ 8.843333, 9.279091, 9.336619, 8.820925 ] }, { "date": "2026-05-01", "close": 7.99, "volume": 3620099, "typical_volume": 9019305.65, "trend": 8.25, "fair_value": 3.347436, "relative_strength": 17.9762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.164249, "energy": 12.880416, "activity_lines": [ 8.51, 8.958909, 9.254143, 8.805204 ] }, { "date": "2026-05-08", "close": 8.69, "volume": 5184000, "typical_volume": 9077755.65, "trend": 8.271, "fair_value": 3.392756, "relative_strength": 23.392567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.527061, "energy": 16.891942, "activity_lines": [ 8.497333, 8.813455, 9.233143, 8.833591 ] }, { "date": "2026-05-15", "close": 7.55, "volume": 4993339, "typical_volume": 9167417.6, "trend": 8.244, "fair_value": 3.431346, "relative_strength": 7.616468, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.321423, "energy": 40.026442, "activity_lines": [ 8.135333, 8.518182, 9.09319, 8.787075 ] }, { "date": "2026-05-22", "close": 7.1, "volume": 4070000, "typical_volume": 9198607.6, "trend": 8.256333, "fair_value": 3.467051, "relative_strength": 1.581567, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.820686, "energy": 50.284027, "activity_lines": [ 7.737333, 8.202182, 8.907429, 8.713269 ] }, { "date": "2026-05-29", "close": 5.86, "volume": 13954600, "typical_volume": 9261847.6, "trend": 8.230333, "fair_value": 3.495641, "relative_strength": -15.215683, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.031668, "energy": 62.8413, "activity_lines": [ 7.048, 7.714909, 8.601952, 8.558667 ] }, { "date": "2026-06-05", "close": 5.75, "volume": 825000, "typical_volume": 8758915.05, "trend": 8.207333, "fair_value": 3.523526, "relative_strength": -16.134412, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.345071, "energy": 76.312769, "activity_lines": [ 6.485333, 7.266909, 8.291238, 8.398645 ] }, { "date": "2026-06-12", "close": 5.46, "volume": 1555000, "typical_volume": 8128849.2, "trend": 8.16, "fair_value": 3.550833, "relative_strength": -19.761379, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.422494, "energy": 81.575252, "activity_lines": [ 5.975333, 6.830727, 7.961381, 8.221398 ] }, { "date": "2026-06-19", "close": 5.36, "volume": 4062000, "typical_volume": 7400999.2, "trend": 8.141333, "fair_value": 3.5775, "relative_strength": -19.032993, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.496539, "energy": 90.571912, "activity_lines": [ 5.647333, 6.443455, 7.636476, 8.040753 ] }, { "date": "2026-06-26", "close": 4.58, "volume": 1860000, "typical_volume": 6061589.7, "trend": 8.069333, "fair_value": 3.599167, "relative_strength": -27.265933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.544857, "energy": 93.456275, "activity_lines": [ 5.205333, 5.985273, 7.249619, 7.810989 ] }, { "date": "2026-07-03", "close": 5.13, "volume": 1470000, "typical_volume": 5579037.1, "trend": 8.019667, "fair_value": 3.624359, "relative_strength": -21.261082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.832824, "energy": 86.872506, "activity_lines": [ 5.114667, 5.706182, 6.947095, 7.621355 ] }, { "date": "2026-07-10", "close": 4.62, "volume": 1249500, "typical_volume": 5603012.1, "trend": 7.943667, "fair_value": 3.646603, "relative_strength": -31.7397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.91501, "energy": 88.558975, "activity_lines": [ 4.902667, 5.392182, 6.620524, 7.402022 ] }, { "date": "2026-07-17", "close": 4.23, "volume": 1450000, "typical_volume": 5168993.1, "trend": 7.867667, "fair_value": 3.666346, "relative_strength": -38.616943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.447316, "energy": 88.364341, "activity_lines": [ 4.636, 5.068545, 6.285286, 7.16243 ] }, { "date": "2026-07-24", "close": 5.04, "volume": 439000, "typical_volume": 4527545.1, "trend": 7.804667, "fair_value": 3.690962, "relative_strength": -28.276869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.703545, "energy": 64.841488, "activity_lines": [ 4.721333, 4.973273, 6.063476, 6.98 ] }, { "date": "2026-07-31", "close": 4.84, "volume": 2650000, "typical_volume": 4241885.1, "trend": 7.740667, "fair_value": 3.713141, "relative_strength": -33.774138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.809264, "energy": 63.182884, "activity_lines": [ 4.761333, 4.887273, 5.850571, 6.788731 ] }, { "date": "2026-08-07", "close": 7.45, "volume": 13218000, "typical_volume": 4441076.9, "trend": 7.757, "fair_value": 3.752372, "relative_strength": 2.033345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.549357, "energy": 28.598376, "activity_lines": [ 5.654, 5.316909, 5.91119, 6.769978 ] }, { "date": "2026-08-14", "close": 7.44, "volume": 6920000, "typical_volume": 4302776.9, "trend": 7.754, "fair_value": 3.789808, "relative_strength": 3.433656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.552859, "energy": 26.069558, "activity_lines": [ 6.388667, 5.715818, 5.97881, 6.749527 ] }, { "date": "2026-08-21", "close": 7.44, "volume": 0, "typical_volume": 4052726.9, "trend": 7.718667, "fair_value": 3.827244, "relative_strength": -0.642207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.526715, "energy": 31.827355, "activity_lines": [ 6.935333, 6.084, 6.055286, 6.729269 ] }, { "date": "2026-08-28", "close": 7.44, "volume": 0, "typical_volume": 3763776.9, "trend": 7.701667, "fair_value": 3.864744, "relative_strength": 0.604364, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.845959, "energy": 41.383888, "activity_lines": [ 7.268, 6.416182, 6.139905, 6.71129 ] } ], "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." } } }