{ "ticker": { "uuid": "daf57a88-e2ce-4d33-8e36-2a5df6596671", "symbol": "600868", "name": "Guangdong Meiyanjixiang Hydropower 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.958, "architecture_energy": 52.533, "architecture_maturity": 72.648, "architecture_confidence": 82.859, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.92, "rotation_up": 27.21, "upward_expansion": 13.54, "deceleration": 60.78, "rotation_down": 50.95, "downward_expansion": 77.87 }, "activity_lines": [ 2.671333, 2.682545, 2.933095, 3.157118 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 2.81, "trend_reference": 3.459333, "distance_from_trend": -0.187705, "trend_direction": "Weakening", "fair_value": 2.752564, "distance_from_fair_value": 0.020866, "fair_value_direction": "Weakening", "relative_strength": -13.992519, "relative_strength_direction": "Weakening", "price_momentum": -0.361364, "excess_performance": -0.31816, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.187705, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056202, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.020866, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.293245, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.139925, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.150031, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.361364, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.926819, "read": "Supply-led" } ], "volume": { "latest": 250566975, "relative_activity": 0.803713, "balance": 0.926819, "dry_up": 0.930802, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.104298, "annualized_volatility": 0.507773, "from_high_reference": -0.482505, "from_low_reference": 0.190678 }, "levels": { "trend_reference": 3.459333, "fair_value_reference": 2.752564, "structural_low": 2.36, "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": 28, "median_return": 0.012759, "positive_rate": 0.642857, "directional_follow_through": 0.357143, "median_excess_return": 0.009909, "regime_survival": 0.785714, "best_return": 0.167598, "worst_return": -0.286344, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.027044, "positive_rate": 0.7, "directional_follow_through": 0.3, "median_excess_return": 0.036636, "regime_survival": 0.4, "best_return": 0.620112, "worst_return": -0.330612, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.010526, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.015623, "regime_survival": 0.285714, "best_return": 0.675978, "worst_return": -0.269388, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.027559, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.014672, "regime_survival": 0.333333, "best_return": 0.09546, "worst_return": -0.076435, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.165138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": 0.12, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.011152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.020761, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": -0.132258, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.057971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.014235, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": 0.051095, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-11-14", "tenure": "Developing", "return": 0.210714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-03-06", "tenure": "Established", "return": 0.392086, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": -0.182692, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.02346, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": -0.07622, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.027682, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 2.83, "volume": 141501057, "typical_volume": 92880185.7, "trend": 2.782417, "fair_value": 2.901443, "relative_strength": -1.468444, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.732525, "energy": 8.393854, "activity_lines": [ 2.782014, 2.771348, 2.778741, 2.786831 ] }, { "date": "2023-08-04", "close": 2.85, "volume": 167749974, "typical_volume": 95449589.7, "trend": 2.788733, "fair_value": 2.899201, "relative_strength": -0.956436, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.709407, "energy": 18.31367, "activity_lines": [ 2.807333, 2.784789, 2.784451, 2.791191 ] }, { "date": "2023-08-11", "close": 2.77, "volume": 84793367, "typical_volume": 93785711.2, "trend": 2.791385, "fair_value": 2.896574, "relative_strength": -0.542987, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.097575, "energy": 7.04468, "activity_lines": [ 2.799333, 2.783319, 2.782541, 2.789982 ] }, { "date": "2023-08-18", "close": 2.77, "volume": 65841340, "typical_volume": 90400472.15, "trend": 2.795034, "fair_value": 2.892991, "relative_strength": 1.301237, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.945928, "energy": 13.877467, "activity_lines": [ 2.792, 2.7833, 2.781058, 2.788603 ] }, { "date": "2023-08-25", "close": 2.67, "volume": 94924357, "typical_volume": 91998450.1, "trend": 2.793025, "fair_value": 2.889404, "relative_strength": -0.142933, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.312269, "energy": 35.570143, "activity_lines": [ 2.751333, 2.764741, 2.77029, 2.780536 ] }, { "date": "2023-09-01", "close": 2.71, "volume": 70035214, "typical_volume": 90886738.5, "trend": 2.791352, "fair_value": 2.885691, "relative_strength": -0.662463, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.626869, "energy": 45.298589, "activity_lines": [ 2.728667, 2.754731, 2.76395, 2.77518 ] }, { "date": "2023-09-08", "close": 2.69, "volume": 58423499, "typical_volume": 89521515.1, "trend": 2.786688, "fair_value": 2.88064, "relative_strength": -0.678815, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.682351, "energy": 58.603016, "activity_lines": [ 2.707333, 2.741273, 2.756277, 2.768641 ] }, { "date": "2023-09-15", "close": 2.73, "volume": 53748325, "typical_volume": 87737446.05, "trend": 2.78535, "fair_value": 2.876928, "relative_strength": 0.939653, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.63183, "energy": 56.331938, "activity_lines": [ 2.71, 2.736182, 2.752748, 2.764983 ] }, { "date": "2023-09-22", "close": 2.69, "volume": 49754383, "typical_volume": 88456779.3, "trend": 2.782346, "fair_value": 2.873405, "relative_strength": -0.778223, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.015224, "energy": 50.475619, "activity_lines": [ 2.702, 2.724727, 2.745552, 2.758832 ] }, { "date": "2023-09-29", "close": 2.67, "volume": 31941452, "typical_volume": 86148702.95, "trend": 2.774026, "fair_value": 2.869882, "relative_strength": -0.710494, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.103545, "energy": 48.257789, "activity_lines": [ 2.692667, 2.711091, 2.736881, 2.751584 ] }, { "date": "2023-10-13", "close": 2.64, "volume": 38075585, "typical_volume": 84485848.05, "trend": 2.766366, "fair_value": 2.866549, "relative_strength": -0.99372, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.090465, "energy": 50.293468, "activity_lines": [ 2.673333, 2.693273, 2.725972, 2.742937 ] }, { "date": "2023-10-20", "close": 2.58, "volume": 48152278, "typical_volume": 80725667.7, "trend": 2.757371, "fair_value": 2.863531, "relative_strength": 0.203531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.035256, "energy": 72.411396, "activity_lines": [ 2.638667, 2.668, 2.710016, 2.730913 ] }, { "date": "2023-10-27", "close": 2.63, "volume": 54106965, "typical_volume": 74613434.75, "trend": 2.74971, "fair_value": 2.861089, "relative_strength": 1.030904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.516119, "energy": 63.44597, "activity_lines": [ 2.628, 2.656727, 2.700012, 2.722696 ] }, { "date": "2023-11-03", "close": 2.62, "volume": 42385336, "typical_volume": 71744751.0, "trend": 2.743045, "fair_value": 2.858074, "relative_strength": 0.261211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.209727, "energy": 67.694177, "activity_lines": [ 2.620667, 2.646182, 2.690103, 2.714327 ] }, { "date": "2023-11-10", "close": 2.66, "volume": 88322552, "typical_volume": 72861872.55, "trend": 2.738377, "fair_value": 2.855251, "relative_strength": 1.540341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.858059, "energy": 49.533348, "activity_lines": [ 2.631333, 2.645636, 2.684623, 2.70897 ] }, { "date": "2023-11-17", "close": 2.66, "volume": 53201908, "typical_volume": 73471385.15, "trend": 2.732713, "fair_value": 2.852937, "relative_strength": 1.03289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.305087, "energy": 33.688888, "activity_lines": [ 2.642667, 2.645273, 2.679525, 2.703913 ] }, { "date": "2023-11-24", "close": 2.64, "volume": 57929938, "typical_volume": 72119310.6, "trend": 2.728707, "fair_value": 2.850814, "relative_strength": 0.758752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.828547, "energy": 26.673927, "activity_lines": [ 2.646, 2.642182, 2.67281, 2.697932 ] }, { "date": "2023-12-01", "close": 2.63, "volume": 46602478, "typical_volume": 69323246.5, "trend": 2.724368, "fair_value": 2.848245, "relative_strength": 0.732152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.589779, "energy": 26.408367, "activity_lines": [ 2.642, 2.638182, 2.665667, 2.691563 ] }, { "date": "2023-12-08", "close": 2.57, "volume": 49947772, "typical_volume": 67394320.9, "trend": 2.717364, "fair_value": 2.845291, "relative_strength": 0.539457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.681875, "energy": 44.44171, "activity_lines": [ 2.618, 2.625091, 2.653524, 2.681604 ] }, { "date": "2023-12-15", "close": 2.61, "volume": 53377852, "typical_volume": 67540781.6, "trend": 2.71103, "fair_value": 2.84202, "relative_strength": 3.041658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.272683, "energy": 46.197011, "activity_lines": [ 2.610667, 2.621455, 2.646143, 2.674677 ] }, { "date": "2023-12-22", "close": 2.54, "volume": 53918563, "typical_volume": 63161656.9, "trend": 2.703026, "fair_value": 2.83779, "relative_strength": 1.202584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.696439, "energy": 65.640779, "activity_lines": [ 2.583333, 2.606182, 2.632714, 2.663643 ] }, { "date": "2023-12-29", "close": 2.55, "volume": 41881320, "typical_volume": 56868224.2, "trend": 2.693695, "fair_value": 2.833944, "relative_strength": -0.457108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.226713, "energy": 67.298903, "activity_lines": [ 2.567333, 2.594545, 2.621619, 2.653771 ] }, { "date": "2024-01-05", "close": 2.52, "volume": 34502182, "typical_volume": 54353664.95, "trend": 2.6827, "fair_value": 2.829969, "relative_strength": -0.105975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.677157, "energy": 66.908649, "activity_lines": [ 2.547333, 2.578, 2.609095, 2.642565 ] }, { "date": "2024-01-12", "close": 2.51, "volume": 43089075, "typical_volume": 53216051.7, "trend": 2.674693, "fair_value": 2.825292, "relative_strength": 1.105334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.193085, "energy": 68.576103, "activity_lines": [ 2.531333, 2.561636, 2.59681, 2.631423 ] }, { "date": "2024-01-19", "close": 2.41, "volume": 44916201, "typical_volume": 50715643.9, "trend": 2.663684, "fair_value": 2.819338, "relative_strength": -1.216856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.302752, "energy": 78.916975, "activity_lines": [ 2.486, 2.529091, 2.576238, 2.614346 ] }, { "date": "2024-01-26", "close": 2.43, "volume": 68697250, "typical_volume": 50648745.7, "trend": 2.654007, "fair_value": 2.815232, "relative_strength": -3.069809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.476646, "energy": 73.419191, "activity_lines": [ 2.460667, 2.504727, 2.55881, 2.599269 ] }, { "date": "2024-02-02", "close": 2.18, "volume": 64021242, "typical_volume": 50928632.85, "trend": 2.635, "fair_value": 2.810032, "relative_strength": -7.228367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.075948, "energy": 89.87897, "activity_lines": [ 2.359333, 2.439091, 2.518905, 2.568688 ] }, { "date": "2024-02-09", "close": 2.21, "volume": 85503677, "typical_volume": 52516400.45, "trend": 2.616, "fair_value": 2.805153, "relative_strength": -10.256834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.914294, "energy": 89.764349, "activity_lines": [ 2.292667, 2.387273, 2.484286, 2.541269 ] }, { "date": "2024-02-23", "close": 2.29, "volume": 76120580, "typical_volume": 53834710.3, "trend": 2.6, "fair_value": 2.800977, "relative_strength": -11.098639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.785929, "energy": 77.840721, "activity_lines": [ 2.273333, 2.357636, 2.459762, 2.520237 ] }, { "date": "2024-03-01", "close": 2.3, "volume": 94061995, "typical_volume": 56940737.45, "trend": 2.585333, "fair_value": 2.797885, "relative_strength": -11.165382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.90938, "energy": 67.848874, "activity_lines": [ 2.272, 2.334909, 2.438095, 2.500882 ] }, { "date": "2024-03-08", "close": 2.27, "volume": 53484173, "typical_volume": 57711166.85, "trend": 2.566667, "fair_value": 2.795428, "relative_strength": -12.663422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.854805, "energy": 54.946923, "activity_lines": [ 2.268, 2.312364, 2.415333, 2.480538 ] }, { "date": "2024-03-15", "close": 2.46, "volume": 349552494, "typical_volume": 72781177.65, "trend": 2.553667, "fair_value": 2.793616, "relative_strength": -5.467226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.42064, "energy": 30.912336, "activity_lines": [ 2.338, 2.329273, 2.412429, 2.473656 ] }, { "date": "2024-03-22", "close": 2.45, "volume": 126288636, "typical_volume": 76390261.2, "trend": 2.543, "fair_value": 2.79053, "relative_strength": -5.466918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.982106, "energy": 19.674517, "activity_lines": [ 2.386, 2.346, 2.409143, 2.466968 ] }, { "date": "2024-03-29", "close": 2.38, "volume": 60286164, "typical_volume": 77285302.6, "trend": 2.53, "fair_value": 2.78725, "relative_strength": -7.764129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.708689, "energy": 19.824295, "activity_lines": [ 2.394667, 2.351273, 2.400048, 2.456452 ] }, { "date": "2024-04-05", "close": 2.42, "volume": 48776707, "typical_volume": 75308010.35, "trend": 2.521667, "fair_value": 2.783971, "relative_strength": -6.889278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.55163, "energy": 21.197205, "activity_lines": [ 2.410667, 2.366182, 2.395905, 2.449355 ] }, { "date": "2024-04-12", "close": 2.4, "volume": 147129914, "typical_volume": 80004410.65, "trend": 2.511333, "fair_value": 2.778335, "relative_strength": -5.992573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.857192, "energy": 16.372416, "activity_lines": [ 2.412, 2.377273, 2.391, 2.441505 ] }, { "date": "2024-04-19", "close": 2.19, "volume": 107157698, "typical_volume": 82465798.65, "trend": 2.494667, "fair_value": 2.772627, "relative_strength": -15.254807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.369031, "energy": 31.750158, "activity_lines": [ 2.334667, 2.350727, 2.367333, 2.420774 ] }, { "date": "2024-04-26", "close": 2.19, "volume": 56736954, "typical_volume": 82972522.45, "trend": 2.476667, "fair_value": 2.7666, "relative_strength": -15.629225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.008309, "energy": 40.530275, "activity_lines": [ 2.275333, 2.324, 2.34581, 2.401118 ] }, { "date": "2024-05-03", "close": 2.21, "volume": 30984476, "typical_volume": 82024357.65, "trend": 2.460667, "fair_value": 2.759873, "relative_strength": -15.061053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.868932, "energy": 56.51276, "activity_lines": [ 2.24, 2.301273, 2.328286, 2.383914 ] }, { "date": "2024-05-10", "close": 2.29, "volume": 105941190, "typical_volume": 84652524.55, "trend": 2.448, "fair_value": 2.754678, "relative_strength": -13.165131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.058742, "energy": 59.023439, "activity_lines": [ 2.242667, 2.294545, 2.320095, 2.372903 ] }, { "date": "2024-05-17", "close": 2.26, "volume": 80861730, "typical_volume": 85999682.9, "trend": 2.435333, "fair_value": 2.749546, "relative_strength": -14.05685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.57349, "energy": 52.482247, "activity_lines": [ 2.244, 2.282545, 2.310571, 2.360774 ] }, { "date": "2024-05-24", "close": 2.19, "volume": 69110073, "typical_volume": 87361120.55, "trend": 2.422333, "fair_value": 2.744411, "relative_strength": -14.673469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.926188, "energy": 43.133236, "activity_lines": [ 2.231333, 2.258, 2.295714, 2.344946 ] }, { "date": "2024-05-31", "close": 2.27, "volume": 407791261, "typical_volume": 106025574.5, "trend": 2.410333, "fair_value": 2.740617, "relative_strength": -11.269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.491367, "energy": 28.274183, "activity_lines": [ 2.245333, 2.252909, 2.29019, 2.335118 ] }, { "date": "2024-06-07", "close": 1.84, "volume": 254749157, "typical_volume": 116608578.6, "trend": 2.384333, "fair_value": 2.733684, "relative_strength": -26.767288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.060742, "energy": 55.922467, "activity_lines": [ 2.110667, 2.172909, 2.244905, 2.298323 ] }, { "date": "2024-06-14", "close": 1.85, "volume": 97201229, "typical_volume": 119222830.0, "trend": 2.357333, "fair_value": 2.726497, "relative_strength": -25.442502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.770635, "energy": 78.161064, "activity_lines": [ 2.004, 2.104545, 2.203762, 2.263849 ] }, { "date": "2024-06-21", "close": 1.64, "volume": 120343793, "typical_volume": 121805157.15, "trend": 2.323333, "fair_value": 2.718154, "relative_strength": -32.664086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.530841, "energy": 90.181921, "activity_lines": [ 1.856667, 2.008364, 2.145286, 2.21757 ] }, { "date": "2024-06-28", "close": 1.62, "volume": 107048034, "typical_volume": 123956496.75, "trend": 2.289333, "fair_value": 2.709556, "relative_strength": -32.329823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.530752, "energy": 92.875709, "activity_lines": [ 1.744, 1.922364, 2.088667, 2.172194 ] }, { "date": "2024-07-05", "close": 1.65, "volume": 78921166, "typical_volume": 123627371.2, "trend": 2.256667, "fair_value": 2.701215, "relative_strength": -30.183669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.465774, "energy": 88.638765, "activity_lines": [ 1.679333, 1.852182, 2.037571, 2.130946 ] }, { "date": "2024-07-12", "close": 1.68, "volume": 81270239, "typical_volume": 123884854.15, "trend": 2.227, "fair_value": 2.693192, "relative_strength": -28.924645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.474827, "energy": 85.785958, "activity_lines": [ 1.666, 1.797273, 1.992, 2.093742 ] }, { "date": "2024-07-19", "close": 1.65, "volume": 40997429, "typical_volume": 121231625.85, "trend": 2.195, "fair_value": 2.68536, "relative_strength": -29.915582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.586133, "energy": 79.565573, "activity_lines": [ 1.653333, 1.746545, 1.946476, 2.056516 ] }, { "date": "2024-07-26", "close": 1.68, "volume": 66680823, "typical_volume": 121891458.35, "trend": 2.166333, "fair_value": 2.67772, "relative_strength": -25.889497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.407795, "energy": 60.607835, "activity_lines": [ 1.664, 1.712909, 1.906905, 2.02329 ] }, { "date": "2024-08-02", "close": 1.74, "volume": 119458085, "typical_volume": 110386737.9, "trend": 2.139333, "fair_value": 2.670592, "relative_strength": -23.122571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.574369, "energy": 51.526779, "activity_lines": [ 1.692, 1.700727, 1.875857, 1.995785 ] }, { "date": "2024-08-09", "close": 1.73, "volume": 66511089, "typical_volume": 107397860.55, "trend": 2.113, "fair_value": 2.663426, "relative_strength": -21.912112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.603788, "energy": 43.771846, "activity_lines": [ 1.708667, 1.694909, 1.847286, 1.969376 ] }, { "date": "2024-08-16", "close": 1.78, "volume": 84072205, "typical_volume": 108587162.6, "trend": 2.088667, "fair_value": 2.656643, "relative_strength": -19.639856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.580915, "energy": 34.587479, "activity_lines": [ 1.736667, 1.708, 1.826905, 1.947892 ] }, { "date": "2024-08-23", "close": 1.7, "volume": 71016500, "typical_volume": 109699152.25, "trend": 2.065, "fair_value": 2.64954, "relative_strength": -22.04573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.323281, "energy": 31.932349, "activity_lines": [ 1.731333, 1.707636, 1.801762, 1.922817 ] }, { "date": "2024-08-30", "close": 1.75, "volume": 56537705, "typical_volume": 105169541.8, "trend": 2.042333, "fair_value": 2.643331, "relative_strength": -18.860999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.280651, "energy": 30.260049, "activity_lines": [ 1.739333, 1.719091, 1.78481, 1.902495 ] }, { "date": "2024-09-06", "close": 1.75, "volume": 71445509, "typical_volume": 103383932.35, "trend": 2.028, "fair_value": 2.637187, "relative_strength": -16.112105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.155344, "energy": 30.546334, "activity_lines": [ 1.742667, 1.728545, 1.770952, 1.883634 ] }, { "date": "2024-09-13", "close": 1.75, "volume": 49936245, "typical_volume": 103043896.9, "trend": 2.012667, "fair_value": 2.630149, "relative_strength": -13.71847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.895557, "energy": 31.0402, "activity_lines": [ 1.745333, 1.735636, 1.75919, 1.865699 ] }, { "date": "2024-09-20", "close": 1.79, "volume": 48802791, "typical_volume": 103934812.65, "trend": 1.996, "fair_value": 2.623239, "relative_strength": -12.331698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.258269, "energy": 24.893815, "activity_lines": [ 1.76, 1.748182, 1.753333, 1.851333 ] }, { "date": "2024-09-27", "close": 2.0, "volume": 142240093, "typical_volume": 105749757.8, "trend": 1.986, "fair_value": 2.617995, "relative_strength": -12.660193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.398117, "energy": 17.290133, "activity_lines": [ 1.844, 1.796909, 1.769476, 1.851591 ] }, { "date": "2024-10-04", "close": 2.18, "volume": 82211235, "typical_volume": 105817233.05, "trend": 1.983, "fair_value": 2.612308, "relative_strength": -11.431772, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.421351, "energy": 47.336404, "activity_lines": [ 1.968, 1.872, 1.804143, 1.864108 ] }, { "date": "2024-10-11", "close": 2.04, "volume": 228875719, "typical_volume": 113805515.35, "trend": 1.969, "fair_value": 2.60598, "relative_strength": -13.55504, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.900002, "energy": 52.910791, "activity_lines": [ 2.016667, 1.912545, 1.825857, 1.867785 ] }, { "date": "2024-10-18", "close": 2.09, "volume": 127907754, "typical_volume": 99811340.0, "trend": 1.957, "fair_value": 2.600036, "relative_strength": -12.133022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.436092, "energy": 61.947774, "activity_lines": [ 2.062667, 1.956727, 1.853048, 1.875591 ] }, { "date": "2024-10-25", "close": 2.2, "volume": 163125145, "typical_volume": 95230139.4, "trend": 1.951, "fair_value": 2.59435, "relative_strength": -8.097217, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.026726, "energy": 72.690541, "activity_lines": [ 2.122667, 2.014364, 1.891571, 1.891269 ] }, { "date": "2024-11-01", "close": 2.4, "volume": 414849212, "typical_volume": 111112538.55, "trend": 1.950333, "fair_value": 2.589436, "relative_strength": 1.477142, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 62.053208, "energy": 76.015999, "activity_lines": [ 2.222, 2.100727, 1.947429, 1.920237 ] }, { "date": "2024-11-08", "close": 2.54, "volume": 496608982, "typical_volume": 129925798.0, "trend": 1.955, "fair_value": 2.585355, "relative_strength": 2.138034, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 89.412513, "energy": 90.467473, "activity_lines": [ 2.341333, 2.199818, 2.014, 1.95828 ] }, { "date": "2024-11-15", "close": 2.25, "volume": 248907455, "typical_volume": 137018769.05, "trend": 1.957, "fair_value": 2.581522, "relative_strength": -5.718191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.374056, "energy": 75.684012, "activity_lines": [ 2.34, 2.231818, 2.048667, 1.977312 ] }, { "date": "2024-11-22", "close": 2.29, "volume": 175713531, "typical_volume": 141858387.3, "trend": 1.960333, "fair_value": 2.578328, "relative_strength": -1.727731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.38852, "energy": 65.219686, "activity_lines": [ 2.338, 2.262, 2.084143, 1.998796 ] }, { "date": "2024-11-29", "close": 2.37, "volume": 146186271, "typical_volume": 145104188.9, "trend": 1.965667, "fair_value": 2.575648, "relative_strength": 0.314439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.365171, "energy": 55.101056, "activity_lines": [ 2.349333, 2.296909, 2.12419, 2.025226 ] }, { "date": "2024-12-06", "close": 3.03, "volume": 595228366, "typical_volume": 172815735.75, "trend": 1.990333, "fair_value": 2.577389, "relative_strength": 25.249129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.086439, "energy": 68.147482, "activity_lines": [ 2.569333, 2.441273, 2.22381, 2.093892 ] }, { "date": "2024-12-13", "close": 3.17, "volume": 1955569710, "typical_volume": 267260180.1, "trend": 2.020667, "fair_value": 2.579772, "relative_strength": 31.261883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.721293, "energy": 77.10622, "activity_lines": [ 2.794, 2.592364, 2.33019, 2.17 ] }, { "date": "2024-12-20", "close": 2.9, "volume": 992225863, "typical_volume": 310898569.0, "trend": 2.044333, "fair_value": 2.580425, "relative_strength": 21.015546, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.891718, "energy": 69.238175, "activity_lines": [ 2.886667, 2.676364, 2.403762, 2.226731 ] }, { "date": "2024-12-27", "close": 2.61, "volume": 523844619, "typical_volume": 333765245.5, "trend": 2.055667, "fair_value": 2.579282, "relative_strength": 8.190177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.054436, "energy": 57.604935, "activity_lines": [ 2.839333, 2.692, 2.44419, 2.263226 ] }, { "date": "2025-01-03", "close": 2.33, "volume": 273502525, "typical_volume": 343236761.5, "trend": 2.072, "fair_value": 2.57609, "relative_strength": 2.625212, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.6721, "energy": 43.506065, "activity_lines": [ 2.677333, 2.647273, 2.453762, 2.280925 ] }, { "date": "2025-01-10", "close": 2.52, "volume": 621671001, "typical_volume": 370769486.55, "trend": 2.094333, "fair_value": 2.574179, "relative_strength": 12.69601, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.978558, "energy": 24.434544, "activity_lines": [ 2.581333, 2.634727, 2.47881, 2.309828 ] }, { "date": "2025-01-17", "close": 2.69, "volume": 522818608, "typical_volume": 394083531.7, "trend": 2.129333, "fair_value": 2.5724, "relative_strength": 17.710575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.984708, "energy": 22.797552, "activity_lines": [ 2.576, 2.650909, 2.516143, 2.348258 ] }, { "date": "2025-01-24", "close": 2.66, "volume": 396788777, "typical_volume": 410350695.1, "trend": 2.164, "fair_value": 2.570238, "relative_strength": 16.116018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.333055, "energy": 20.39261, "activity_lines": [ 2.592667, 2.658909, 2.546143, 2.382495 ] }, { "date": "2025-01-31", "close": 2.64, "volume": 58507796, "typical_volume": 410779272.65, "trend": 2.197, "fair_value": 2.568202, "relative_strength": 15.386683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.064376, "energy": 22.992922, "activity_lines": [ 2.618667, 2.655818, 2.569905, 2.413204 ] }, { "date": "2025-02-07", "close": 2.72, "volume": 244242030, "typical_volume": 420551234.6, "trend": 2.231667, "fair_value": 2.566744, "relative_strength": 16.894335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.526074, "energy": 31.602303, "activity_lines": [ 2.669333, 2.660909, 2.597048, 2.446946 ] }, { "date": "2025-02-14", "close": 2.89, "volume": 668700968, "typical_volume": 446874278.35, "trend": 2.273, "fair_value": 2.566885, "relative_strength": 22.293826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.963607, "energy": 37.419685, "activity_lines": [ 2.750667, 2.690545, 2.635952, 2.489419 ] }, { "date": "2025-02-21", "close": 3.1, "volume": 1123878913, "typical_volume": 498957662.25, "trend": 2.320333, "fair_value": 2.568629, "relative_strength": 29.375635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.265212, "energy": 49.529355, "activity_lines": [ 2.877333, 2.760909, 2.690619, 2.542774 ] }, { "date": "2025-02-28", "close": 3.04, "volume": 579012547, "typical_volume": 516464503.65, "trend": 2.363667, "fair_value": 2.570498, "relative_strength": 28.553226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.090166, "energy": 54.51719, "activity_lines": [ 2.956667, 2.821636, 2.73519, 2.589204 ] }, { "date": "2025-03-07", "close": 3.18, "volume": 673602861, "typical_volume": 543749259.0, "trend": 2.412, "fair_value": 2.57269, "relative_strength": 31.710923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.196307, "energy": 65.300908, "activity_lines": [ 3.057333, 2.905273, 2.788333, 2.641871 ] }, { "date": "2025-03-14", "close": 3.11, "volume": 631475689, "typical_volume": 567166786.2, "trend": 2.456333, "fair_value": 2.574433, "relative_strength": 26.686172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.32341, "energy": 66.867114, "activity_lines": [ 3.098667, 2.965818, 2.829619, 2.686903 ] }, { "date": "2025-03-21", "close": 3.0, "volume": 423326406, "typical_volume": 567590645.9, "trend": 2.499667, "fair_value": 2.575663, "relative_strength": 23.901712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.170612, "energy": 59.122328, "activity_lines": [ 3.077333, 2.992182, 2.856095, 2.721978 ] }, { "date": "2025-03-28", "close": 2.97, "volume": 282931630, "typical_volume": 556906778.3, "trend": 2.540333, "fair_value": 2.576509, "relative_strength": 22.817565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.794577, "energy": 44.825978, "activity_lines": [ 3.038667, 3.004364, 2.876857, 2.752323 ] }, { "date": "2025-04-04", "close": 3.1, "volume": 280329883, "typical_volume": 558477899.7, "trend": 2.585333, "fair_value": 2.578699, "relative_strength": 28.0752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.820444, "energy": 38.656687, "activity_lines": [ 3.052, 3.035091, 2.907952, 2.78843 ] }, { "date": "2025-04-11", "close": 2.83, "volume": 335456981, "typical_volume": 566465072.2, "trend": 2.621333, "fair_value": 2.579733, "relative_strength": 20.414517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.604089, "energy": 22.683296, "activity_lines": [ 2.971333, 3.008727, 2.909286, 2.804215 ] }, { "date": "2025-04-18", "close": 3.1, "volume": 474675924, "typical_volume": 582889554.85, "trend": 2.665, "fair_value": 2.582434, "relative_strength": 29.557832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.520465, "energy": 25.260342, "activity_lines": [ 3.004, 3.028, 2.933762, 2.835097 ] }, { "date": "2025-04-25", "close": 3.13, "volume": 527005655, "typical_volume": 579478419.3, "trend": 2.702667, "fair_value": 2.585199, "relative_strength": 29.264001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.345471, "energy": 30.762998, "activity_lines": [ 3.047333, 3.045818, 2.957619, 2.865097 ] }, { "date": "2025-05-02", "close": 2.91, "volume": 209859122, "typical_volume": 492192889.9, "trend": 2.727, "fair_value": 2.586554, "relative_strength": 20.213211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.038375, "energy": 18.789261, "activity_lines": [ 3.008667, 3.019273, 2.960048, 2.878473 ] }, { "date": "2025-05-09", "close": 2.99, "volume": 214864452, "typical_volume": 453324819.35, "trend": 2.758667, "fair_value": 2.588231, "relative_strength": 20.660416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.108918, "energy": 20.560278, "activity_lines": [ 3.000667, 3.010727, 2.971333, 2.895441 ] }, { "date": "2025-05-16", "close": 2.93, "volume": 197108131, "typical_volume": 436987994.95, "trend": 2.786667, "fair_value": 2.58965, "relative_strength": 16.879623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.98431, "energy": 15.433904, "activity_lines": [ 2.98, 2.992182, 2.976476, 2.906495 ] }, { "date": "2025-05-23", "close": 2.85, "volume": 180852692, "typical_volume": 432355503.3, "trend": 2.808333, "fair_value": 2.59145, "relative_strength": 13.918175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.125691, "energy": 10.364362, "activity_lines": [ 2.926, 2.963636, 2.972476, 2.910581 ] }, { "date": "2025-05-30", "close": 2.82, "volume": 107736415, "typical_volume": 406658774.0, "trend": 2.822333, "fair_value": 2.593122, "relative_strength": 12.439075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.331678, "energy": 10.4896, "activity_lines": [ 2.878667, 2.934364, 2.963143, 2.911333 ] }, { "date": "2025-06-06", "close": 2.87, "volume": 92488530, "typical_volume": 385142270.1, "trend": 2.833333, "fair_value": 2.594476, "relative_strength": 12.446176, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.573657, "energy": 14.653841, "activity_lines": [ 2.868667, 2.917455, 2.957143, 2.914409 ] }, { "date": "2025-06-13", "close": 2.78, "volume": 117113550, "typical_volume": 371158508.75, "trend": 2.851, "fair_value": 2.595253, "relative_strength": 8.599148, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.710445, "energy": 30.081399, "activity_lines": [ 2.831333, 2.886, 2.941714, 2.910968 ] }, { "date": "2025-06-20", "close": 2.69, "volume": 101169067, "typical_volume": 373291572.3, "trend": 2.864333, "fair_value": 2.595453, "relative_strength": 4.942992, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.852648, "energy": 41.059368, "activity_lines": [ 2.778, 2.844, 2.917143, 2.900581 ] }, { "date": "2025-06-27", "close": 2.76, "volume": 97199224, "typical_volume": 365939432.0, "trend": 2.877333, "fair_value": 2.595719, "relative_strength": 4.962801, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.448846, "energy": 35.661103, "activity_lines": [ 2.764, 2.817273, 2.899, 2.893849 ] }, { "date": "2025-07-04", "close": 2.82, "volume": 144374263, "typical_volume": 339723096.75, "trend": 2.870333, "fair_value": 2.595412, "relative_strength": 5.093909, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.519699, "energy": 33.921056, "activity_lines": [ 2.776, 2.807636, 2.886381, 2.890151 ] }, { "date": "2025-07-11", "close": 2.92, "volume": 295651524, "typical_volume": 298311727.3, "trend": 2.862, "fair_value": 2.594406, "relative_strength": 6.937899, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.892317, "energy": 17.167386, "activity_lines": [ 2.821333, 2.821818, 2.883619, 2.893355 ] }, { "date": "2025-07-18", "close": 2.81, "volume": 195169053, "typical_volume": 279119552.6, "trend": 2.859, "fair_value": 2.593703, "relative_strength": 1.594529, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.000023, "energy": 11.225133, "activity_lines": [ 2.826667, 2.815818, 2.871238, 2.89 ] }, { "date": "2025-07-25", "close": 2.84, "volume": 197858318, "typical_volume": 255332325.45, "trend": 2.866667, "fair_value": 2.593193, "relative_strength": 0.472084, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.671577, "energy": 9.473871, "activity_lines": [ 2.84, 2.818545, 2.86281, 2.888774 ] }, { "date": "2025-08-01", "close": 2.78, "volume": 118196027, "typical_volume": 229668342.35, "trend": 2.881667, "fair_value": 2.592042, "relative_strength": -1.159303, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.543631, "energy": 11.290512, "activity_lines": [ 2.823333, 2.812, 2.850286, 2.883183 ] }, { "date": "2025-08-08", "close": 2.77, "volume": 81230553, "typical_volume": 212563549.7, "trend": 2.89, "fair_value": 2.589806, "relative_strength": -3.920079, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.341181, "energy": 40.56531, "activity_lines": [ 2.802, 2.804909, 2.838381, 2.875978 ] }, { "date": "2025-08-15", "close": 2.74, "volume": 110274998, "typical_volume": 203930718.1, "trend": 2.891667, "fair_value": 2.587441, "relative_strength": -6.823338, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.543728, "energy": 49.469323, "activity_lines": [ 2.774, 2.793273, 2.824714, 2.866301 ] }, { "date": "2025-08-22", "close": 2.79, "volume": 191496975, "typical_volume": 199489072.7, "trend": 2.896, "fair_value": 2.585205, "relative_strength": -8.617223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.259418, "energy": 45.515128, "activity_lines": [ 2.774667, 2.793091, 2.816905, 2.859742 ] }, { "date": "2025-08-29", "close": 2.72, "volume": 187871202, "typical_volume": 192109783.75, "trend": 2.898667, "fair_value": 2.584117, "relative_strength": -11.842587, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.367911, "energy": 48.176788, "activity_lines": [ 2.753333, 2.78, 2.803905, 2.848387 ] }, { "date": "2025-09-05", "close": 2.79, "volume": 513535676, "typical_volume": 194052771.35, "trend": 2.901, "fair_value": 2.583222, "relative_strength": -8.714183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.092068, "energy": 30.620675, "activity_lines": [ 2.763333, 2.779091, 2.798095, 2.841376 ] }, { "date": "2025-09-12", "close": 2.88, "volume": 242331048, "typical_volume": 179819041.0, "trend": 2.900667, "fair_value": 2.581499, "relative_strength": -7.398805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.192082, "energy": 13.207926, "activity_lines": [ 2.802667, 2.794, 2.802333, 2.840022 ] }, { "date": "2025-09-19", "close": 2.8, "volume": 280928802, "typical_volume": 183372525.0, "trend": 2.890667, "fair_value": 2.57971, "relative_strength": -8.952683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.703879, "energy": 13.854039, "activity_lines": [ 2.808, 2.793273, 2.800143, 2.833527 ] }, { "date": "2025-09-26", "close": 2.7, "volume": 182070321, "typical_volume": 181732818.45, "trend": 2.879333, "fair_value": 2.577536, "relative_strength": -12.508498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.999285, "energy": 23.00076, "activity_lines": [ 2.776, 2.776545, 2.788952, 2.821226 ] }, { "date": "2025-10-03", "close": 2.69, "volume": 54863648, "typical_volume": 174620594.3, "trend": 2.863, "fair_value": 2.574659, "relative_strength": -14.140642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.779722, "energy": 28.373275, "activity_lines": [ 2.746667, 2.76, 2.77819, 2.809011 ] }, { "date": "2025-10-10", "close": 2.75, "volume": 71474641, "typical_volume": 169151691.75, "trend": 2.851, "fair_value": 2.574083, "relative_strength": -12.695689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.80825, "energy": 34.992788, "activity_lines": [ 2.739333, 2.757091, 2.774286, 2.80172 ] }, { "date": "2025-10-17", "close": 3.08, "volume": 1576227247, "typical_volume": 242576233.35, "trend": 2.853667, "fair_value": 2.575814, "relative_strength": -1.140168, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.71105, "energy": 6.411259, "activity_lines": [ 2.844667, 2.814727, 2.802286, 2.816495 ] }, { "date": "2025-10-24", "close": 2.92, "volume": 654990142, "typical_volume": 270701313.95, "trend": 2.852, "fair_value": 2.577413, "relative_strength": -9.054975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.595992, "energy": 15.152963, "activity_lines": [ 2.883333, 2.837636, 2.81381, 2.820774 ] }, { "date": "2025-10-31", "close": 2.9, "volume": 329838926, "typical_volume": 281337582.75, "trend": 2.845333, "fair_value": 2.578309, "relative_strength": -9.77972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.254391, "energy": 18.379963, "activity_lines": [ 2.907333, 2.853636, 2.82319, 2.823871 ] }, { "date": "2025-11-07", "close": 3.16, "volume": 862275617, "typical_volume": 319392910.25, "trend": 2.856333, "fair_value": 2.581319, "relative_strength": -2.868521, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.926339, "energy": 45.920323, "activity_lines": [ 3.004667, 2.914909, 2.856762, 2.844172 ] }, { "date": "2025-11-14", "close": 3.39, "volume": 943496664, "typical_volume": 361707782.25, "trend": 2.866, "fair_value": 2.586506, "relative_strength": 3.958218, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.859076, "energy": 73.624675, "activity_lines": [ 3.147333, 3.01, 2.91, 2.878602 ] }, { "date": "2025-11-21", "close": 2.78, "volume": 538791409, "typical_volume": 381428639.55, "trend": 2.854333, "fair_value": 2.587144, "relative_strength": -11.339138, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.862459, "energy": 42.639725, "activity_lines": [ 3.044, 2.983273, 2.902143, 2.873054 ] }, { "date": "2025-11-28", "close": 3.58, "volume": 1028987604, "typical_volume": 418095443.55, "trend": 2.876667, "fair_value": 2.592527, "relative_strength": 12.049315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.450216, "energy": 67.706273, "activity_lines": [ 3.227333, 3.103818, 2.970667, 2.919871 ] }, { "date": "2025-12-05", "close": 3.81, "volume": 1721467465, "typical_volume": 494410364.15, "trend": 2.904, "fair_value": 2.599321, "relative_strength": 18.574788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.871257, "energy": 75.25505, "activity_lines": [ 3.443333, 3.252, 3.057952, 2.980086 ] }, { "date": "2025-12-12", "close": 3.94, "volume": 1220663599, "typical_volume": 545550628.2, "trend": 2.937667, "fair_value": 2.606948, "relative_strength": 22.820044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.523723, "energy": 75.317577, "activity_lines": [ 3.642, 3.403636, 3.152857, 3.046925 ] }, { "date": "2025-12-19", "close": 3.62, "volume": 929318697, "typical_volume": 586106761.7, "trend": 2.963333, "fair_value": 2.612204, "relative_strength": 12.63045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.244589, "energy": 74.210171, "activity_lines": [ 3.682, 3.474364, 3.212048, 3.090946 ] }, { "date": "2025-12-26", "close": 3.48, "volume": 656419222, "typical_volume": 614866195.15, "trend": 2.985333, "fair_value": 2.616882, "relative_strength": 6.001843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.106398, "energy": 62.03079, "activity_lines": [ 3.66, 3.503818, 3.253905, 3.12428 ] }, { "date": "2026-01-02", "close": 3.34, "volume": 366554623, "typical_volume": 627680176.4, "trend": 3.001, "fair_value": 2.620918, "relative_strength": 1.332128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.458495, "energy": 38.67053, "activity_lines": [ 3.544667, 3.500545, 3.279048, 3.147161 ] }, { "date": "2026-01-09", "close": 3.55, "volume": 414236820, "typical_volume": 638817168.65, "trend": 3.026667, "fair_value": 2.627003, "relative_strength": 3.582155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.490017, "energy": 26.753812, "activity_lines": [ 3.515333, 3.527818, 3.321333, 3.182581 ] }, { "date": "2026-01-16", "close": 3.93, "volume": 1174157291, "typical_volume": 688131473.1, "trend": 3.068, "fair_value": 2.635141, "relative_strength": 14.846649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.1824, "energy": 38.572878, "activity_lines": [ 3.63, 3.612364, 3.39619, 3.24086 ] }, { "date": "2026-01-23", "close": 4.94, "volume": 1899218537, "typical_volume": 757415616.15, "trend": 3.140667, "fair_value": 2.649561, "relative_strength": 41.934505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.588581, "energy": 62.752929, "activity_lines": [ 4.082, 3.866545, 3.561476, 3.361634 ] }, { "date": "2026-01-30", "close": 4.4, "volume": 1789490998, "typical_volume": 834773613.65, "trend": 3.193333, "fair_value": 2.660712, "relative_strength": 26.239081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.5367, "energy": 70.238694, "activity_lines": [ 4.266, 3.994364, 3.665095, 3.442882 ] }, { "date": "2026-02-06", "close": 4.22, "volume": 684767931, "typical_volume": 854965570.1, "trend": 3.236667, "fair_value": 2.670261, "relative_strength": 22.039023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.50064, "energy": 70.822577, "activity_lines": [ 4.328667, 4.06, 3.744333, 3.509118 ] }, { "date": "2026-02-13", "close": 3.93, "volume": 443015188, "typical_volume": 868012813.45, "trend": 3.274, "fair_value": 2.67776, "relative_strength": 12.939987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.463008, "energy": 57.946219, "activity_lines": [ 4.236, 4.061273, 3.78919, 3.553849 ] }, { "date": "2026-02-27", "close": 4.2, "volume": 494120499, "typical_volume": 889975656.0, "trend": 3.319333, "fair_value": 2.686543, "relative_strength": 18.112415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.512717, "energy": 39.292909, "activity_lines": [ 4.208, 4.109455, 3.853905, 3.613591 ] }, { "date": "2026-03-06", "close": 3.87, "volume": 633162502, "typical_volume": 918060049.05, "trend": 3.355667, "fair_value": 2.693593, "relative_strength": 9.796325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.0166, "energy": 24.856637, "activity_lines": [ 4.052, 4.092909, 3.88, 3.649118 ] }, { "date": "2026-03-13", "close": 4.16, "volume": 904181083, "typical_volume": 884457740.85, "trend": 3.402, "fair_value": 2.702438, "relative_strength": 18.657844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.169074, "energy": 22.964503, "activity_lines": [ 4.064, 4.124545, 3.928381, 3.701011 ] }, { "date": "2026-03-20", "close": 3.65, "volume": 855188662, "typical_volume": 894467666.85, "trend": 3.432333, "fair_value": 2.70712, "relative_strength": 7.720759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.041912, "energy": 15.715364, "activity_lines": [ 3.922, 4.051091, 3.923048, 3.717011 ] }, { "date": "2026-03-27", "close": 4.06, "volume": 965043031, "typical_volume": 926227872.1, "trend": 3.474667, "fair_value": 2.71475, "relative_strength": 20.752046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.685141, "energy": 16.61597, "activity_lines": [ 3.954667, 4.046545, 3.953286, 3.757505 ] }, { "date": "2026-04-03", "close": 3.46, "volume": 555810863, "typical_volume": 910904634.4, "trend": 3.499333, "fair_value": 2.718661, "relative_strength": 3.785969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.609207, "energy": 11.054578, "activity_lines": [ 3.778667, 3.923636, 3.920857, 3.756559 ] }, { "date": "2026-04-10", "close": 3.51, "volume": 237868110, "typical_volume": 875623206.7, "trend": 3.523333, "fair_value": 2.722829, "relative_strength": 2.590712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.070597, "energy": 12.884516, "activity_lines": [ 3.668667, 3.818364, 3.891762, 3.757247 ] }, { "date": "2026-04-17", "close": 3.4, "volume": 310568220, "typical_volume": 864212047.25, "trend": 3.540667, "fair_value": 2.726547, "relative_strength": -2.147512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.546684, "energy": 13.495167, "activity_lines": [ 3.546, 3.719091, 3.851619, 3.74929 ] }, { "date": "2026-04-24", "close": 3.4, "volume": 408182915, "typical_volume": 833171812.8, "trend": 3.560667, "fair_value": 2.730393, "relative_strength": -2.58425, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.869825, "energy": 29.277613, "activity_lines": [ 3.474, 3.638, 3.808524, 3.740215 ] }, { "date": "2026-05-01", "close": 3.41, "volume": 200997972, "typical_volume": 757148338.15, "trend": 3.584333, "fair_value": 2.734111, "relative_strength": -2.800548, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.250593, "energy": 41.020826, "activity_lines": [ 3.422, 3.573636, 3.767238, 3.730495 ] }, { "date": "2026-05-08", "close": 3.6, "volume": 238421426, "typical_volume": 708036229.5, "trend": 3.614667, "fair_value": 2.739495, "relative_strength": 1.010621, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.089102, "energy": 33.751837, "activity_lines": [ 3.476667, 3.553273, 3.745952, 3.731505 ] }, { "date": "2026-05-15", "close": 3.49, "volume": 520356425, "typical_volume": 687588115.9, "trend": 3.639333, "fair_value": 2.744173, "relative_strength": -0.907159, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.113283, "energy": 24.83834, "activity_lines": [ 3.485333, 3.523818, 3.71581, 3.723462 ] }, { "date": "2026-05-22", "close": 3.28, "volume": 332204053, "typical_volume": 671377357.45, "trend": 3.646, "fair_value": 2.747378, "relative_strength": -6.20675, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.20299, "energy": 29.465052, "activity_lines": [ 3.425333, 3.463091, 3.666286, 3.70028 ] }, { "date": "2026-05-29", "close": 3.5, "volume": 414942546, "typical_volume": 673796753.6, "trend": 3.665333, "fair_value": 2.751865, "relative_strength": 1.153943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.295649, "energy": 17.946378, "activity_lines": [ 3.446667, 3.458364, 3.638667, 3.69086 ] }, { "date": "2026-06-05", "close": 3.54, "volume": 278662964, "typical_volume": 667018060.8, "trend": 3.686667, "fair_value": 2.756736, "relative_strength": 3.262014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.547971, "energy": 23.90781, "activity_lines": [ 3.474667, 3.463636, 3.614095, 3.682774 ] }, { "date": "2026-06-12", "close": 3.03, "volume": 57101614, "typical_volume": 611165276.95, "trend": 3.682333, "fair_value": 2.758018, "relative_strength": -11.505192, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -69.195094, "energy": 51.23311, "activity_lines": [ 3.324, 3.385636, 3.541, 3.640409 ] }, { "date": "2026-06-19", "close": 2.89, "volume": 234401058, "typical_volume": 527924403.0, "trend": 3.665667, "fair_value": 2.758276, "relative_strength": -16.590445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.096978, "energy": 66.075963, "activity_lines": [ 3.164667, 3.29, 3.458857, 3.58929 ] }, { "date": "2026-06-26", "close": 2.6, "volume": 50589818, "typical_volume": 440979344.0, "trend": 3.659667, "fair_value": 2.757313, "relative_strength": -23.513167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.6766, "energy": 86.698426, "activity_lines": [ 2.948667, 3.152909, 3.358857, 3.520538 ] }, { "date": "2026-07-03", "close": 2.65, "volume": 41692313, "typical_volume": 408825563.1, "trend": 3.628667, "fair_value": 2.756734, "relative_strength": -22.090574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.397125, "energy": 91.212771, "activity_lines": [ 2.794667, 3.039455, 3.27219, 3.455398 ] }, { "date": "2026-07-10", "close": 2.53, "volume": 227634751, "typical_volume": 398056541.25, "trend": 3.586, "fair_value": 2.755514, "relative_strength": -24.425449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.176832, "energy": 91.158267, "activity_lines": [ 2.657333, 2.917818, 3.181571, 3.384516 ] }, { "date": "2026-07-17", "close": 2.53, "volume": 212770634, "typical_volume": 383989048.0, "trend": 3.539, "fair_value": 2.754103, "relative_strength": -19.472054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.11046, "energy": 89.629984, "activity_lines": [ 2.587333, 2.812182, 3.097619, 3.316387 ] }, { "date": "2026-07-24", "close": 2.53, "volume": 365077873, "typical_volume": 370584816.55, "trend": 3.502667, "fair_value": 2.7525, "relative_strength": -20.286688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.527292, "energy": 85.777885, "activity_lines": [ 2.550667, 2.726, 3.021619, 3.25129 ] }, { "date": "2026-07-31", "close": 2.71, "volume": 332338162, "typical_volume": 341992670.5, "trend": 3.477, "fair_value": 2.752115, "relative_strength": -14.854283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.917907, "energy": 61.694617, "activity_lines": [ 2.598, 2.69, 2.969143, 3.200151 ] }, { "date": "2026-08-07", "close": 2.81, "volume": 250566975, "typical_volume": 311761586.15, "trend": 3.459333, "fair_value": 2.752564, "relative_strength": -13.992519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.958151, "energy": 52.532946, "activity_lines": [ 2.671333, 2.682545, 2.933095, 3.157118 ] } ], "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." } } }